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No, but you'd have to go back to Dec 26, 2006 to find something lower. Unfortunately, the cash/wire portions being reported separately doesn't start until what 2009? Let's see the function of the auction is to maintain liquidity ... yet "minuscule" isn't small enough to cover today's auction ... only 6 banks participating ... oh ... and did I say yet that it is ALL CASH! I don't know folks, but ordinarily I would advise my friends to "hold onto your skivvies boys and girls" ... while we don't know what is going to happen (although there is enough speculation to fill an aircraft carrier) ... it looks as though SOMETHING is definitely up ... what do you say ... just this once ... that we ALL believe it's the value of the IQD going up! I know ... I know ... expecting ALL of us to believe a single thing is asking a bit much ... give it a try though, won't you?! Peace Doc31

Bank accounts set up for oil sells $400 million recently voted and passed to pay the US – means they’re being protected from financial lawsuits – both oil and CBI money is being protected by US banks as of now ( requirement for the RV) US will soon be paid for oil from Iraq (we’ve got our hooks into their oil and money—it’s in our account and we’re protecting them) like what Nixon and Kissenger did with Kuwait called the “Opak Agreement” in the 70’s May 1st – the day Shabibi and Maliki were to submit their report to the UN Security Council…”the green lite was given to increase the value of their currency” – the US Treasury locked themselves up with Shabibi and Maliki was gone. We trained them. Can only do that if the rate of the currency is raised – cannot set a country free after 23 years until everything is completed and that’s why the UST went there Saturday, the Minister of Finance met with Shabibi – behind closed doors, privately on a Saturday – and an article said they worked on Sunday (sort of) on a holiday…they met themselves in groups, different places, to get ideas for their country, mainly their currency – more to gain than to lose, united. Rumor that S and M got in a fight last night…wouldn’t be surprised. M wants things done his way, S says you have to listen to the authors of the plan…you can’t do that with this currency and keep spitting in their face. S is an independent agency…overseeing the CBI. The lower denom’s have been in the banks, they’re starting to mold, last year in Sept, when Reuter’s got involved. All the systems have been set up – just waiting for Maliki to show up with the rate. S. said “very soon” We have their oil, money and returned to the 70’s…no wonder China’s angry. We’re going to become powerful again and take their oil and sell it to other countries who are too lazy to get involved with the rest of the world. All of their money is in American banks. Practice discipline for patience about the rate –don’t worry about anything They continued their studies with their currency and investors coming into their country Remember when S. was looking for a holiday with 3 days afterwards…surprised nobody’s asked. Regardless, we thought Easter (last week) might qualify because the CBI auction numbers came out when we saw how low they were. The following Monday, another low auction. Called Bob from GenX – asked about auctions under 40 million – It was well under 40 and I thought we had a good chance, especially with the history of the rates being posted on the last Thursday of April - -We thought about an American holiday Yesterday was Labor Day for Iraq and both the GOI and CBI were busy – today’s auction was $20 million –with 6 banks. That is INSANE unless you’re about to have an RI or RV… Here’s why…Thursday, was the last day of Commerce. Friday is a holy day – banks are closed, no money. If you have a business, you need money…Saturday, nothing, closed. Sunday, the first day of their week, nothing. Three and a half days with nothing and no dinars on the streets…these banks need lots of dinars. …there’s a great demand. But $20 million?? That’s beyond LOW. Everybody in Iraq knows what’s going on. Another email’s opinion is if S. was announcing anything on TV, he’d see it…..don’t know what you’re looking at because S. has been coming out almost weekly announcing what they’re doing. Ready for this: We found out on April 13th, a campaign educating citizens – There were many meetings started on that date forward and still going on. They’re called “Seminars of Education” on the lifting of the 000’s. Professors of economics from universities came in to teach the people of Iraq with Q & A’s for them. The CBI on April 12th, Shabibi put out an article that said the CBI is putting the “final touches” on introducing the new rate (or monetary policy or introduction to the new rate or final 000’s). The following day the campaign started –the education of the citizens, not the banking systems, ATM’s – that’s so ancient. It’s been done a long time ago. Today on Iraqi TV, many laws were passed by the GOI (that doesn’t exist – LOL) – I said don’t be surprised if they never introduce the GOI…and then Shabibi is asked about the seating of the GOI – he said he didn’t know what he was talking about. There’s a rumor: I know where it comes from….NO – THE BORDERS ARE NOT CLOSED IN IRAQ. They do that, but it has nothing to do with our investment. Remember, Delta brought info from his CBI source saying this rate may come out a .86 cents…this was brought out to HAVE this information…nothing is written on stone, it’s written on ice that’s exposed by the desert sun and it only lasts so long. The info we’re getting form the CBI is what we should listen, study and be concerned. Yes, I BELIEVE IN THE 3+ and even it doesn’t, IT WILL NOT STAY THERE LONG. It will only take a matter of days – maybe a week or two. It will NOT stay under at that rate. The traders are salivating. But if it comes out at 86 cents…the traders are going to make investments. Yes, you’re talking about the wrong “whales’. Investors aren’t going to buy up the dinar at 850,000 for every million …NO! Been there, done that. Whales are traders. The moment the rate comes out, if under $2.00, the whales are going to drive this like a Sherman tank going through a concrete wall at a 100 mph. They’re sitting and waiting…they don’t know the rate, nobody does. They’re sitting with their big, big money…investors are waiting. It will only take a matter of days – buy and sell HUGE amounts of dinars. (Don’t you do that…we don’t have that type of money so let them do it.) It doesn’t matter what the rate is…we just want them to do it. The space shuttle can’t get off until we push the button. When? Very soon! (Delta: Tonight…no, just kidding!) Realize S. himself said: Our currencies will co-exist with each other…000’s will exist while the lower denom’s exist at the same time. Be reminded because it’s important to remember S. said they both exist at the same time. IMO – we are not going to have a time frame to cash in. The USA still have 000’s…they’re legal tender, but they’ve either been cashed, put away, but they’re gone. So, if a 3+ rate, the less the 000’s, the better for the CBI. It’s highly possible there may be some truth to this .86 cents….but we need to be prepared instead of saying…what do I do now? Kuwait’s 20 dinar is the highest note they have…they phased out their 000’s…a long time ago and they have a higher rate, don’t they. Just think about what we’re trying to tell you…They have no choice but to pay me, Iraqi’s don’t want it. We’ve shared with you on a long journey and I hope it’s been some benefit to you. Frank played an Arabic recording…Delta translated it which has to do with the rate. Delta: I’ve given you the indication that my contact said the rate could come up at 85 cents…this is the first time in a nation that we’re going to lift the 000’s from the value of the IQD or exchange rate. In 3 years, he talked about lifting the 000’s – it was a lot to understand for the people This was the first confirmation that the rate will START at 85 cents The value would be higher, and I was so surprised that all contacts said it would start at 85 cents and will be 1.17 dinars to START. A lot of people ask why? The reasons, even Shabibi came to the US, he explained in order to revalue we need to REVISIT because of INFLATION…It is an increase, a revalue, but I’d like to say something very important. Example: Someone in Iraq gets 400 dinars, no savings, no money…that’s 70-80% of the people and the live check to check, paid monthly. Those 70-80% at 1170 rate = $333 dollars so what will happen if it goes to 85 cents to make it easy, then they will start adjusting all the salaries of those people. They can do that and increase the value. When the RV takes place, they’ll start getting 400 dinars @ 85 cents …they’ll still get the same amount – just $333, but what the CBI will accomplish is to phase out the 000’s denom’s . The guy’s going to get 4 notes vs. a large chunk of money. The Parliament, Presidency, etc..with an account in Iraq, you can get value for that…electronically, they don’t care about that. Take money out of the ATM, the value will be the same, they’re trying to reduce the physical money supply. You can have a billion or trillion of dinar…they don’t care about that. They care about what’s going form hand to hand. Shabibi said he wanted to hold and keep their dinars to try to convert to the 70’s or 80’s at that time. I had another call from my contact and asked him why aren’t they coming up at 3+ . The reasons: He called it like a shock for the Iraqi economy if they come up over $3 – the market will not be able to handle it. Also, they will never give you over $3 and they still have 20,000- 5,000 – 10,0000 – and that’s never happened in any other country. In the 70’s and 80’s it was 3.22, but most they had was 100. In the 50’s and 60’s the highest amount of dinar was 25. The biggest bill they have in Kuwait is only 20 dinars. What’s going to happen, based on my contact, they’re going to co-exist with the big ones, and the small ones. There will be no more 000’s notes…they’re going to the USTreasury, China, UK….it’s for the money supply in Iraq. As soon as they know they have only 25 million dinars left, the rates will go to $3 or higher. The only things not sure of -- it will co-exist – they asked Iraq to do it at least 2 years to get over 000’s to increase it. All articles from the legislation is to organize the elimination of the 000’s…They must come up with the announcement like 6 months, end of year, -- or may RV which will be excellent. You don’t have to cash in your dinar, pay your debts, leave the rest to increase. Remember, Iraq doesn’t care only about money – they’re a rich country. The 000’s will make it easier, bring back the IQD. I did not bring this rate to tell you this is me…I was right…no credit for that. The only reason I brought it up…like everybody…was $3…but right now, everybody in Iraq knows it’s going to come up at 85cents. April 13th, they had big seminars in Iraq at the universities…some from the CBI – more than 400-500 people, explaining and educating their own people…lifting their 000’s is going to help for the future and best for the surrounding countries…in stages. S. can support $3-4- and even $5…but so many economists in Iraq who came 6-7 months ago are against it. Some are with it, but they’re talking about the economy being shocked. Just imagine the very tight rate isn’t the right time…they said they’re going to do it, not surprise anybody, a very smooth process. They actually stated and not take anybody’s money – they can keep what they have. Just go to the bank with the $25,000 dinars – they’ll keep their nominal value and purchase power for the lower denominations. If you have 1,000 dinars – then it’s 1 dinar. So many articles were talking about the dinar being equal…technically they were telling you that it was going to be 85 cents. Now, all the teams agree the blessing is going to come this money, hopefully. We all know that July 1st, Iraq technically have to be international, but they cannot wait for July 1st because they have to do all that at least a month before that at max. Everybody – all contacts I have – another call from a gentleman I appreciate he’s given information to the family and all teams. Everything is done, they’re just waiting the right signal from S. to do it. There’s another thing about S. putting the final touches lifting the 000’s for the lower denom’s. I asked what does that mean? Why wait? Remember, Iraq has 32 million people and it’s not only Baghdad…(names all of the places) – they have to make sure the lower denom’s are distributed in the ATM’s so you’ll never see the larger denom’s at the ATM and this is the process. He said we can expect the announcement should become before the next pay period in Iraq….government officials get paid once a month…the reason: If they get paid 400,000 dinars or whatever the value is at that time, but the next pay period S. is going to adjust all the government employees’ salaries. Right now, they have 9 million people who can’t read or write…because during the 70’s and 80’s there were all wars and they didn’t have a chance…so they need to educate these people. So, if you don’t explain to them, they will be cheated, or people will steal money telling them a 25 dinar is something other than it is. This is very, very good information we got, but we really believe, based on our team’s study, this month we have a high potential to do that. Frank: We have a good source saying that Shabibi was looking for a 3 day holiday – as you can see, I have respect for that source, therefore, I looked for a holiday and we thought that our Easter was perfect because the auction numbers were super low. Yesterday was their holiday and we see $20 million with 6 banks…if we see that tomorrow and Wed., we should also be prepared for Thursday if it’s prepared to come out – it can’t come out on a Fri or Sat. Thursday once again becomes HIGH ALERT. My team is in a “red color” zone…very, very high alert. Red is to be on your tip toes at every second you breath…inches away from delivering a baby. We just need the water to break and hear from Shabibi to announce to the world what the rate is. Delta: I was told for some reason, I’m not sure, the days they’re looking at are between Tues-Thursday and it’s good to be close to the weekend, the market adjusts during the weekend, and if it comes out at 86 cents, it will be easy to adjust the first phase. They said it’s not going to be confusing month to month – I’m hoping and praying that they come up and not say we have 3-6months…that we need to watch very, very carefully. We’ll still do conference calls once in a while and by that time a lot of us will hear what’s really going to happen. Like I said, they said their currency was going to co-exist. Frank: I also said the last time any banks had any exchange with money was last Thursday….normally on the weekend you lose money, then the holiday you lose money…today the merchants went to get money and I didn’t see that. These guys are hoarding, holding and waiting for Shabibi to release the rate. It doesn’t matter about the rate…the sharks aren’t looking to buy more dinars, they’re waiting in position with their money, with the people they represent, and they’re glands are waiting with saliva to get their hands on their dinar. ….Shabibi said…let me show you what I can do with it. I’m convinced it won’t take months – it will take days or a week. Look at the oil…it will explode and the rate will go up. Is M. back from Korea? Yes, he just has 7 days to meet with the ministers. Delta: I haven’t heard any confirmation from the ministry, but the power is with the Kurds….he said a month ago…He wants the confidence with reason…there’s politics and stalling, it’s not our business, but Shabibi’s information says he doesn’t need them. Frank: The DFI plan – we have our hooks and money with both accounts in the USA – they can control it, but we can sell it at a higher rate…of course, China’s angry. Delta: CBI’s auction money is used for provisions for CBI to use part of it…they give permission…because they’re under Ch. 7 under sanctions. They have a limit every month…use it for currency exchange…they could use it for the GOI. DFI expires on June 1st to control their own oil….and the good news is the CBI cannot use this money any more. We know they have 50billion in reserve…from the CBI auction. Remember, 6-7 months ago, they have huge reserves to buy dinar and sell dollars. Those dollars were coming from the DFI …because they were under Ch. 7 and the UN allowed that to help their economy. By July 1st, they have to do it…they have no choice. Not saying that’s the date, they have to do it earlier. Iraq can use the money that the CBI was using for auctions….they can back it up with the IQD. Even though they opened the accounts, they’re not going to wait, they’re wiring it to the new accounts way, way before that….it gives you an idea that the CBI knows exactly the date when it will be coming. The letter went to the UN Security Council stating we did owe obligations, whatever you asked, we’re going to do. There’s no confirmation yet, but I was told that on May 13-14th, the money will be transferred…that means the RV has to happen between now and May 14th. We have no doubt…today I was so surprised, 100% -- or 90% know that something’s going to happen to their currency – last time people tried to smuggle 600 million dinars…the first time they’re not taking dollars because they know it’s going up in value. So, S. said they’re going to increase the values and there’s no auction…so SOMETHING’S ABOUT TO HAPPEN….I’ll be surprised if it drags for a week or two. It will be Tues-Thurs – not on the weekend. Frank: Family, why do we bring this information…Once again, let’s pretend the blessing comes tomorrow. Are you ready to make a decision. Have you asked God, your lawyers, your advisors….? My Detroit Lions stunk for decades because they made the wrong decisions…You need to gather enough people around you and create scenarios …no matter what it comes up at 85 cents….3 dollars…If it comes out at 85 cents, they’re going to drive it up in a matter of days or weeks. Do you want to cash out right away or wait? Let’s say it comes out at 3.22. You’re prepared for that…are you prepared for 85…until it goes up? Remember when Ali said it’s going to come out at 20 cents…like Kuwait. We concluded that we’re alittle more advanced than Kuwait, the oil, the economic situation…so instead of 20 cents, why not 85 cents…or 3+. Are you prepared no matter what. Delta: For Iraq and CBI they have the logic which is to be easier. One requirement was to have a stable currency – he kept the rate for 1170 for 2 years. They had a purpose and everybody’s used to that….so coming up to 85 cents will be easier to adjust instead of having a shock. For them, they have their own reasons and this is the first step to lift them and once the lower denominations are out, it will go very high. The people of Iraq don’t care about cash..they care for business. Rich people like Trump or Buffet…they’re looking for power and make more money, so they’re investing. They’re not going to go buy dinar…in Northern Iraq, actually Donald Trump has a big business and he’s investing there….alot of people are thinking of going to invest in construction and infrastructure. There’s a lot of things to do…they’re not going to buy dinars, they’re going to go invest. Frank: Do you think the laws – they’re working on like Keystone cops – you think the HCL has been worked on. Delta: They did pass something with the oil… Frank: Some people run with that as intel…they didn’t. Delta: They’re working on it and the only portion left is the distribution…they have 1700 laws to pass…if you go on their website, you’ll see the schedule for the whole week and it will tell you what their agenda is. I believe tomorrow, they have some new laws they’re going to ratify…they’re really very busy and are trying to pass as much as possible. Frank: I saw that and it’s very exciting. Delta: The CBI hasn't gotten paid in 2 months -- when the US Treasury was there. Since they can't get any more cash from the auctions, that's another reason why we know it's coming...just watch, and the way it's going to happen...I'm giving a clue. When you see the auction go down, then this is it. It's going to come up with a new face and with lower denom's. When you see it, we're on track. Frank: There is one last question that makes sense, and I understand the confusion. We were told it's a stable, managed float...now a free float? Delta: A managed float. Frank: That's what Ali said, you said, I said... Delta: If it comes to 85 cents and then $5, that would create alot of chaos since they have to go to 2%.

Shabibi's address to the US Chamber of Commerce and the RV Marcus Curtis | May 1, 2011 at 10:30 pm | Categories: Iraqi Dinar | URL: http://w*******m-74 Lately time has been a precious commodity. I have been spending a lot of time working extra hours, and working in the studio. I have also been a guest writer for my good friend Jerry Robinson and his financial ministry site “Follow The Money.” The information on this financial planning site is very good. It will help you gain a good perspective and develop a strategy for a pending RV. Here are just two of the articles I have written for him. http://ftmdaily.com/...hysical-silver/ http://ftmdaily.com/...reak-the-cycle/ While all this has been going on I have been watching from the side lines all the debate over the Shabibi videos. I watched Frank change his rate. I saw all the supposed gurus in the know scramble to come up with explanations as to why their rates are wrong, what the hold ups are, And how everything will unfold. I also watched a new generation of lopster monsters attack the forums. I have wanted to address these things but I have been lacking the time to do so. I will address them now. As many of my readers know I am not a rate and date guy. I don’t put rates out there for one simple reason. I have no hard evidence. This does not mean I don’t have a belief about what I think the rate will be. I have shared my belief with close friends. I have shared the revalue process in an article called “The Truth About The Iraqi Dinar part 5.” My belief on this scenario has changed a little bit since this article was written. I am about to reveal my opinion on the rate. While I believe in a little different process my belief about the rate has not changed. Before I talk about the process that I believe will unfold soon we need to look at the videos containing Shabibis speech. For those who don’t know, Dr. Sinan Al-Shabibi is the head guy at the Central Bank of Iraq. (CBI) As the governor of CBI Shabibi has the sole power of setting the rate. This power was given to him by the Iraqi constitution. So now let us watch the videos and see his plans to raise the value of this currency. watch?v=Q56aohs98iI&playnext=1&list=PL668F4FE1E0D58A02 watch?v=EY9oXjJRXzk&feature=related watch?v=6jy0T9HVYFA&feature=related watch?v=ZBtffE1AD1s&feature=related Now let us address some points that Mr. Shabibi raised. Video 1 In the first Video Dr. Shabibi gave an overview of Iraq’s condition before 2003. He went on to point out that Iraq had high inflation, A huge external debt, and a weak currency. Because of sanctions Iraq had low oil output and high unemployment. Iraq also had damage to it's infrastructure. He went on to say that policies to respond to sanctions were not adequate. He also said that in 2003 it was important to obtain stability politically and in economics. Without this they could not move forward. Iraq needed to stabilize the exchange rate to lower inflation. The CBI concentrated on the stability of the exchange rate. (fixed rate) This set up stable parameters. Side note: Dr.shabibi seems to believe that a fixed exchange rate helped stabilize Iraq and controlled Inflation. He went on to say “Today we paved the groundwork for government to act. No more worry about exchange rate and inflation. This will attract investors” Video 2 Dr. Shabbi said that the economic side, the political side, and the security side should all work hand in hand to provide stability. He briefly talked about currency wars and nations printing too much currency and increasing the money supply. He talked about having the reserves to counter that approach. He said, nobody is responsible for rate stability. They were using currency auctions to stabilize the exchange rate. He also said that the global increase in food prices will affect the exchange rate. He said that the government will help the private sector. Video 3 This was the question and answer part of his presentation. It was also the most telling. The first question was: Will there be a revalue of the Iraqi Currency to foreign and domestic investors? How long before this happens to the Iraqi currency? Dr. Shabbi said that it depends on controlling inflation and maintaining price stability. Other factors are trade, imports and exports. Inflation will be a deciding factor in adjusting the exchange rate. He said they are going to revisit the exchange rate. Another question was: It has been said in the news media that Iraq will cut 3 zeros and it plans to redenominate it’s currency. Is there any truth to this? Shabibi responded by saying there is a lot of talk from people writing articles saying the value of the dinar will depreciate. This is not the case. This is just a way to ease counting. They have a plan and conditions are different now. Shabibi said “Removing the three zeros will go hand in hand with adjusting the exchange rate. We have been studying when and we will implement this soon.” He went on to say that they will need the help of the security forces. They need to become less busy with violence. Video 4 This is the last part of the question and answer section. The question was: What affect did the drop in policy rate have on lending? (side note the policy rate is what we would call the interest rate here in America which is set by the Federal Reserve) Dr. Shabbi said when inflation is high they raise the policy rate. The policy rates the banks use to lend are different then the CBI’s rate. What judges the banks rates are the markets. The policy rate set by the CBI is a guideline for banks to follow. Banks don’t always follow the CBI rate due to things like risk. Banks like to play it safe by putting money in the CBI and participating in currency auctions. Problems with uncertainty in loans and problems with the banks will be resolved soon. My Analysis, It is evident to me that any Revalue scenario will use a fixed rate of exchange not a floating rate. Shabibi credits a fixed rate with providing stability with inflation and stability in the economy. It is highly unlikely he will abandon this when Iraq needs stability the most. That is when they implement their plan to remove the zeros and raise the value of the dinar. Dr.Shabibi has said that raising the exchange rate of the dinar goes hand in hand with controlling inflation and maintaining price stability. He also said that redenomination will go hand in hand with raising the exchange rate. Typically there are two ways inflation can be controlled. First: raising interest rates. When interest rates are raised consumer spending drops. This decreases demand and increases supply. This works to bring down prices in all markets. Second: Raising the exchange rate. When the exchange rate is raised against foreign currency imports become cheaper. This is something Iraq desperately needs to do to help rebuild infrastructure. Most of the materials needed for this will be imported. When Imports compete with goods manufactured in country it brings down prices. This should not affect Iraq’s chief export which is oil. This is because oil is bought and sold using US dollars. Raising the exchange rate is a great plan when the imports are too expensive. This is something China is even considering. http://en.21cbh.com/...tion-Forex.html Whenever you use the word redenomination the lopsters come out from hiding. They typically say see we told you so! Here comes the lop! Their main argument and point seems to stem from Iraq having some 24 trillion dinar in circulation in Iraq. They say there is no way Iraq can revalue their currency for even $1.00 because that would put the equivalent of 24 trillion in US dollars in circulation and that would destroy their economy. The problem is they are right. If there was a one-time revalue of a dollar that would put way to much currency in circulation. Now let’s reverse that. If Iraq were to lop the way they claim one old 25,000 dinar note is equal to one new 25 dinar. that would only bring an amount equal to 24 billion in US dollar value. This would be the entire Iraqi dinar money supply. This would not work. Consider that Iraq’s budget for 2011 is equal to 82.6 billion US dollars. A lop of the currency would not even meet a third of the budget let alone provide extra currency for the people of Iraq to use. So obviously both scenarios are wrong! Let’s revisit the main points Dr. Shabibi made in these videos 1. A fixed exchange rate brought stability to Inflation and the currency. Translation= during the RV process the rate will remain fixed to provide stability. 2. Currency Auctions are used to stabilize the exchange rate and the global increase in food prices will have a direct effect on the exchange rate. Translation= Currency auctions will continue to play a role in the RV. The exchange rate will increase to combat higher food prices because a higher exchange rate directly affects the cost of importing food. 3. In video 3 Dr. Shabibi said that a revalue would depend on controlling inflation and maintaining price stability. Translation= A revalue will lower imports and will be used to control inflation. 4. Shabibi said a redenomination and removing the zeros would just be a way to make counting easier. Translation= He downplayed a lot of what was written on the redenomination. His definition of Redenominating is one and the same with removing the currency with 3 zeros. Side note: If a lop were to play out Iraq would need to replace all the currency in circulation. You simply cannot take an old 250 dinar note and now say that it is worth more than this old 10,000 dinar note. So in the event of a lop Iraq would need to replace all currency. Shabibi constantly makes reference to removing the zeros while implying that they are keeping the lower denominations in circulation. 5. Removing the Zeros will go hand in hand with adjusting the exchange rate. Translation= as we pull the notes with three zeros out of circulation we will raise the exchange rates. 6. We will be implementing this soon. Translation= no translation required 7. Problems with uncertainty in loans and problems with the banks will be resolved soon. Translation RV baby!!!!! You may not agree with the way I have read between the lines, but before you object let me present my RV scenario with the rates. Notice I said rates and not rate. Before I talk about the rates I want to make one thing clear. First and foremost this is strictly my opinion and this does not mean that what I am about to tell you will come to pass. I do not know anyone on the inside. I don’t have any connections or inside information. I have no secret information or intel. This is completely guess work on my part and it is not to be taken as fact because I really don’t know for sure. I believe things will play out mainly like the scenario I wrote about in the article. The Truth About The Iraqi Dinar part 5. The main difference now is I believe the rate will be fixed. It will not float. This is how I believe events will happen. There will not be one-time revalue event. Lopsters provide too much proof for this. The exchange rate will adjust and begin to move up in a controlled way. If it floats the CBI has no control. When it gets to a certain point maybe a penny to ten cents lower denominations will be put into circulation. When this happens the notes with 3 zeros will be removed from circulation. The rate will continue to go up and more notes will be removed from circulation and the CBI will contract the currency supply. Now Iraq is making money off the float and off the spread. There is a controlled exchange rate in the currency markets and the auctions. For example, The dinar the CBI purchased for 1 penny is now being sold for 10 cents. At the same time they decrease the supply of the currency through the auctions and the markets. The exchange rate will continue to go up as Dr. Shabibi monitors Inflation and releases more lower denominations. All the while CBI is making money, financing the revalue, and reducing currency supply through the auctions and the currency markets. As the rate increases Iraq continues to make money off a controlled float. For example, It may be that they raise the rate over time to 50 cents. This means all the currency they purchased below this amount can now be redistributed for a profit. This will also be a way for Iraq to contract the money supply because they will not need to issue as much to break even and they will not take a loss when doing so. Finally this scenario plays out and the value of the dinar stabilizes somewhere around $1.20. I believe the rate will wind up somewhere between the dollar and the euro. Then once Iraq has a stable place in the World Trade Organization and infrastructure is rebuilt. It could go up from there. This could all take place over a period of a few months. Of course this scenario could play out a number of different ways. One thing is for sure. I don’t see a one-time revalue event. I never did. I see a gradual increase over a very short period of time. Mr. rich can verify that this was my guess at a target rate. I gave credence to the one-time revalue event for two reasons. 1.So many of my friends believed in a one-time revalue event and I thought people knew more than me concerning this investment. I thought they knew something I did not know. 2. I really don’t know how this will play out. Everything is speculation on my part. What do I know? What has been the hold up? With certainty the main hold up is security. I think Dr. Shabibi verified that in these 4 videos. I now believe another hold up has been the Iraqi court attempting to circumvent the constitution and hand over the power of the CBI to Maliki. In Shabibi’s last letter of intent to the IMF he addresses this and he says he will continue to fight this. He said “We remain firmly committed to maintaining the independence of the CBI, as well as to ensuring that all of Iraq’s oil exports are in accordance with international agreements and that all oil export revenues accrue to the central government.” The report also said “The CBI will continue to be independent in the pursuit of its policy objectives. The CBI’s monetary and exchange rate policies will continue to be aimed at keeping inflation in the low single digits and safeguarding international reserves.” It is pretty obvious to me that this was a big concern for Shabibi and the CBI http://www.imf.org/e.../irq/030311.pdf

http://www.cbi.iq/index.php?pid=CurrencyAuctions The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAY-2011. The results were as follows: Details Notes Number of banks 6 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 3,515,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 3,515,000 Total offers for selling (US$)

[Kaperoni] I am going to keep it simple tonight. [Kaperoni] I am going to just run through some factual information that has taken place in the last few months to get us to where we are now. [Kaperoni] If you look at all the work the CBI has done to get the RV ready, we can see that this is real and very close. [Kaperoni] The CBI got aggressive in Oct of 2010 to remove the large 3 zero notes. [Kaperoni] That has continued to this day...which is over 6 months now. [Kaperoni] They upgraded the banking systems and have brought at least 6 banks on line with the international community [Kaperoni] They began an aggressive campaign to educate the people of Iraq via radio, TV, and newspapers/Webster to explain the currency change/RV. [Kaperoni] We saw that confirmed on Sat with the chat that documented the many people sitting in the Symposiums. [Kaperoni] If you have not read my Sat night chat, please do as it explains these educational events. [Kaperoni] It is posted in the forums. [Kaperoni] We have the written words in many articles…way too many to count [Kaperoni] that they are ready or have "completed" the preparations [Kaperoni] We have audio tapes which are interviews from the officials at the CBI, again speaking of this RV. [Kaperoni] Again, more confirmation and factual information. [Kaperoni] These are all facts. They cannot be dismissed. [Kaperoni] Now in the last few days... [Kaperoni] We see the CBI's own auction sales way low. We have even seen an article explanation…quoting not to worry as the currency is going to change soon. [Kaperoni] So, i am convinced they are ready to RV!, [Kaperoni] and the facts support they are there. [Kaperoni] Now we have something to look at. [Kaperoni] Now there are two key deadlines in the month of May…. [Kaperoni] 1. Seems to be a break for Parliament. I believe that starts May 17th. [Kaperoni] Yes, another vacation! [Kaperoni] And they have stated in articles they have at least 25 laws to pass before that break, [Kaperoni] one of which is the RV law [Kaperoni] Shabs will not wait till after the break. [Kaperoni] Here is why... [Kaperoni] 2. We have a financial deadline as the DFI funds are not protected after May 27th. Though the money will be kept in the USA, it appears it will be subject to Iraq’s previous judgements. So Iraq needs to satisfy those debts, or risk losing that money. [Kaperoni] And we have seen articles from various sources stating they are lining up to take Iraq's assets. [Kaperoni] I feel this is an attempt to help push them along with the RV. [Kaperoni] There also was an article from Italy, i think yesterday, [Kaperoni] mentioning some 100 billion or more in contracts that are not being paid, [Kaperoni] and those companies are mad [Kaperoni] and Italy is threatening to pull out, [Kaperoni] so that is more pressure [Kaperoni] to get this done. [Kaperoni] 3. And finally we see the UN will vote at the end of June to release the final resolutions that are on Iraq as part of chapter 7 as a result of Kuwait. That will release Iraq and allow them to fully integrate into the global community. [Kaperoni] Without the RV, they cannot do any of this. [Kaperoni] There is a huge problem within Iraq implementing the free market economy. The banking sector is at a standstill. [Kaperoni] In my opinion, Iraq must RV the currency before the 15th of this month in order for all these deadlines to fit within the plan. [Kaperoni] They are out of time! [Kaperoni] To end this, I have also heard a few rumors from my people that seem to confirm this. [Kaperoni] There are a few rumors that indicate that were very close; that this week has high potential. [Kaperoni] But those are rumors,...but with all these facts, it seems it is time. [Kaperoni] I believe we all should be prepared for this to happen no later than the 15th. [Kaperoni] Bu those are rumors,...but with all these facts, it seems it is time.

TXtrader Post: G.E.T. 5/3/11 May 3rd, 2011 10:39 am · CBI is on a roll, its RV time « on: Today at 09:11:31 AM CBI currency auction 4/28 then they closed for 3 days. I have never seen them take this much time off. Add the low currency auction of 58 million on 4/28 then to 21 Million yesterday and 3.5 million today, this makes a trend, tomorrow should be no auction or a new price ( in the range of $1.45 to one Dinar ). Add the fact several U.S. banks have stopped selling Dinar this week and the IQD will be in short supply by the weekend, Iraq cannot function without a cash flow very long. This is the trend we have all been waiting for, RV time is very close

Why do the pens that they chain to the tables never seem to work?

5-3-2011 Guru Breitling The CBI has stated over and over again… more value, less notes. IMF get the Dinar to the buck and fast. we have progress reports about them taking 70% the notes out of public. don’t worry you are in a good spot [no lop] 5-3-2011 Guru Med EVERYDAY THEY LIMIT THE SALE OF HARD CURRENCY IS ANOTHER DAY THAT INFLATION RISES AND IT WILL NOT TAKE LONG FOR IT TO BE A SERIOUS PROBLEM...THIS IS SHORT TERM...SHABIBI WOULD NOT DO IT UNLESS HE KNEW THE OUTCOME OF THE VALUATION AS WAS DISCUSSED IN THAT ARTICLE SO IF WE TAKE THE ENTIRE ARTICLE AS TRUE THIS IS THE BEGINNING PROCESS OF THE VALUATION OR RAISING OF THE ZERO’S AND THAT IS JUST GOING ON FACTS 5-3-2011 Guru Longfellow Things look very good, but this is very complex so go in with cautious optimism...Shabibi house party still on for tonight. 5-3-2011 Guru OkieOilMan PARLIMENT APPROVED OF REMOVAL OF 3 ZEROS’ TODAY...LOOK FOR THE R/V ANY MOMENT AND HE STATED DEFINITELY THIS IS OUR WEEK--THE FAT LADY IS SINGING 5-3-2011 Guru Delta everybody in Iraq KNOWS it’s going to come out at $.85 – Iraqi’s know this as they are already talking about this rate at $.85 per Dinar. Their people are being educated for a while in this knowledge… this RV will be done in stages to not hurt the economy… and they are ready to do this – it will be smooth and very fast and effective...possibly this month – they have to be international before July 1st at least a month before that and no later 5-3-2011 Guru Frankly Speaking When will we give them Chapter 7?- at the moment they raise the value of their CURRENCY- it’s The Authors PLAN... I am still at the $3+ rate but we need to study every avenue…even .86 rate I really enjoy this Dinar Guru site....lots of free info, easy to read. Here the link for the link people ... "do not promote other websites"

Yeah....stop going to the question forum and asking questions. What do you think this is, a question forum!!!??? Ask away peeps....that's why it' here for crying out loud! Peace

[POPPY2] I HAVE A THEORY given to me last week when the auctions dropped this was supplied by a couple of financial annalist . they think the number of banks stayed the same which was true ? they said the amount dropped to 1/3rd the norm then they said ok what if they are distributing the lower denoms and the banks are paying with larger denoms and reciving the lower denom in return at the new rv'ed bank rate and all being done internally in country that same 1/3 has continued for 5 auctions now. It would apeer if this is right then as low as it was today all the banks must be stocked up at this point and the RV could be implemented and released today ith no in country negative impact. POPPY2 NOW I AM JUST DELIVERING THEIR THEORY NOT MINE BUT IT DOES HAVE THE RIGHT FIGURES FOR THIS TO BE TRUE IF JUST OVER THE $3.00 RATE ?? POPPY2 May 3 9:41 AM POPPY2 your thoughs on this ok heres the math the last 6 days of the auction were low with an avg sales of 28 mil the last 6 days of the large sales were at a 145 mil avg. 145 mil divided by 28 mil equlis= 4.92 sounds good to me how about you? let me add this is not the rv rate it is just the differance between the high and low auction sales as an average. May 3 9:41 AM [paul-O] POPPY2. So the banks are buying dinar with dinar? May 3 9:42 AM [POPPY2] paul-O that was their theory not mine but would be the best way for the 3 zero to be collected within country? Poppy2 [sKYHAWK] MALIKI has been a fly in the ointment because I believe he thinks he will be voted out of office after the supposedly "unannounced GOI" is seated. [POPPY2] skyhawk i dont think that is a huge influence on the rv dr. Shabibi said he needed one thing to start the rv and that was the vote to reclaim the 3 zero money and according to reports yesterday he got that so the next step was for him to contact the imf and the bis and tell them to impliment the rv process which will be logistically released by the bis along with all the other currencies and the auctions are just preparation for the release that has been placed in process as all intel shows. The auctions are just a indicator poppy2 [marsh] POPPY2 It isn't going to take weeks for the BIS and IMF to get this done though right? [POPPY2] marsh that is a question that absolutely no on can answer at this point . From what i was told it took 10 days for it to process kuwait when they rv'ed but they had a very different situation and so ours could be faster and or slower it is just anyones guess at this point poppy2 [acdc] POPPY2 where do u see confirmation the vote for 3 zeros is completed, did an article come out or intel [POPPY2] acdc that was posted by several people yesterday i dont know and stated that yesterday it was reported but i have no confirmation however the thing happening today seems to indicate that it did get approved poppy2 [kthug12] POPPY2 your thoughs on this ok heres the math the last 6 days of the auction were low with an avg sales of 28 mil the last 6 days of the large sales were at a 145 mil avg. 145 mil divided by 28 mil equlis= 4.92 sounds good to me how about you? let me add this is not the rv rate it is just the differance between the high and low auction sales as an average. [POPPY2] kthug12 math seem correct but we have no idea if they have a in country spread and even if it is a different one to stock the new lower denoms or not as i said it was a theory these guys came up with that ads up but no way to confirm unless we are a iraq bank president ?? Poppy2 [Ray B's] POPPY2 Is the IMF in blackout? [POPPY2] Ray b's yes they are but there are leaks lol,lol cant share please understand poppy2 [POPPY2] I think we are in store for much more encouraging words very soon i have made two midnight drives this week where i go out and praise god and pray for everyone here and on all the chats and all that we hear of in bad situations from the people involved. We are chosen for some purpose to be gere and to be blessed my prayer are that we can decern what that purpose is and be prepared to fullfill that purpose. I pray for the health happiness joy prosperity and the leadership of iraq to make good decisions for their people. They will become the financial mecca of the world poppy2

(gonna put this up again because certain people are so quick to post reactions without either reading through the prior posts, or knowing exactly why you are excited for the low auction numbers, etc...yes I did read Doc31's post...but that does NOT explain anything..."maintain liquidity" etc. is a topical explanation...pretty sad you have to be a newbie or a female or better yet have a cute avatar pic to get any love here...I think I just got an idea)...any true insight is appreciated!!! Before anyone bashes, yes I do read a ton...and I keep a word document of all good or informative posts that I've come across...and I thought I kept a thread on the importance of auctions but apparently I didn't...hence why my note below... Doc31 or whoever else, Would you mind providing a cliff notes version of why this is significant? I know you mentioned to "maintain liquidity" and that "only 6 banks participated" etc., but what are the whys behind this? (even a link to a prior discussion on this - I usually save nuggets of important info I read, but must not have saved anything re: auctions and the significance behind the numbers). We have 3 pages of people either commenting that this is good news or looking to you for your analysis...but only a very few can deconstruct the information... Thanks, Read more: http://dinarvets.com/forums/index.php?/topic/64880-currency-auction-cbi-532011/page__st__40#ixzz1LJWbtPPo

Subject: An eye opener As you open your pockets for the next natural disaster, please keep these facts in mind: The American Red Cross President and CEO Marsha J. Evans salary for the year was $651,957, plus expenses. The United Way President Brian Gallagher receives a $375,000 base salary along with numerous expense benefits. ALSO, they give to illegal aleins, I will NOT give to them. UNICEF CEO Caryl M. Stern receives $1,200,000 per year (100k per month) plus all expenses including a ROLLS ROYCE !! Less than 5 cents of your donated dollar goes to the cause!! ( THERE SHOULD BE A LAW AGAINIST THIS TYPE OF FRAUD !!). (Of course this is handled by the U.N. what else could you expect??) The Salvation Army's Commissioner Todd Bassett receives a salary of only $13,000 per year (plus housing) for managing this $2 billion dollar organization. 96 percent of donated dollars go to the cause. The American Legion National Commander receives a $0.00 zero salary. 100% of your donations go to help Veterans and their families and youth! No further comment should be necessary. Please share this with everyone you can.

I have been waiting all day to see who would be the first person that links the death of UBL to where we are with the dinar.....BLUWOLF gets the boobie prize.......

"Lop" Talk by Breitling Ok here it goes for the people who keep getting talking into the lop talk. How is it the Iraqi's are spending billions to buy back Dinar off the streets, and from banks in Iraq? They are auctioning off the biggest oil drilling contracts on the planet. The country as a whole is the largest oil development operation on the entire planet. You have 800 of the top business on the planet trying to set up shop in Iraq. We see all this "body language", we see them with our own eyes taking larger notes off the market, and we see people complaining they don't have enough currency notes to go around last few months plenty of articles pointing this out. We have the CBI telling people we are going to get rid of notes to help increase value, and also introduce the lowers for transparency. The CBI has stated over and over again... more value, less notes. IMF get the Dinar to the buck and fast. We see all this happening before our very eyes, and they have been in the process to get this done in the last year and half, we have progress reports about them taking 70% the notes out of public. Then we have one fat Iraqi come in on a news interview from pigs tooth Arkansas, and say no no no don't buy the Dinar it will be worth nothing. Watch what they are doing for the love of Pete, not what some fat Iraqi says who probably resents you and I having Dinar in the first place, and God forbid if someone made a profit. If you have not been paying attention they are 100% full of crap. I can't say it any clearer than that. Iraq is set up to profit and be an island of wealth, no plans, or any type of reason for them to devalue the currency or try to use Hyper inflation policy on a currency that it's true rate is being held down by the CBI and the auctions they have. Please people, don't worry you are in a good spot and should be happy your blessed enough to be on this ride. Do not let someone talk you into not looking at all the work done to get the rv going and all the "body language" and all the policy they have implemented to add wealth and a environment in which the currency we are sitting on will grow God bless you guys, just rest your thoughts, relax. Warmest Regards,Breitling

In my opinion... ... no one has to prove anything to the non-believers about Osama's death. If you think he is not dead then YOU should prove that he's alive. YOU should prove, without a doubt, that President Obama is, involved with this "claimed" conspiracy. YOU should prove, without a doubt, that the military personnel who were involved and informed President Obama of Bin Laden's death are lying. Being an Air Force veteran, hence my username Ex-wingnut, I can't believe that so many naysayers would think that the President of the United States, regardless of your personal hatred for him, and our military personnel who have put their lives on the line daily to apprehend or kill Osama [depending on their direct orders] would lie about something as colossal as this. Just imagine the credibility of The United States as a whole if this was indeed a lie. As a veteran, your beliefs concerning President Obama and our military personnel are appalling and borderline disrespectful which makes absolutely no sense at all to me. Sorry for the mild rant but enough is enough. Also, I don't wish death on anyone but Bin Laden definitely got what was due to him based on his actions and disregard for other's lives.

It's not whether he posts or chats that people have a problem with. It's the fact that he has been wrong 100% of the time. He has "cried on his keyboard" so many times the geek squad probably loves when he comes in to buy another one. He has stated this is the week, it will happen on monday. everything is done, nuff said nuff said nuff said so many times it is ridiculous! And it doesnt stop. even when he says he will not post any more. Or he has been given a "gag order" he doesn't stop. The stories from his "intel" just get bigger and more far fetched. I understand that this is the rumor section and I for one kinda like to read what he has to say as entertainment, but i totally understand why people would get frustrated with what he says.

Some people just like to be told what to do, what to think, what to say and what to believe. It's easier that way. Small minds lead to big mistakes.

i think we need to have a BS-O-Meter.....

how WILL he be able to show up after next week??? I mean come on how many times can people be blatantly lied to and still want more???? Guess we'll find out.

Hi All I/We have been adamant for over 12-18 months that the CBI auctions hold a real key to the immanent RV process, I.E there will be a strange turn of events concerning the auctions. There will be a 3 day no auction process at the very least to allow the CBI to complete a full audit of there accounts. We/Group that I belong to have been given some information that I would love to give in full but can’t (you know sources & all that Jazz). However I can help clear some rumours up that have been posted recently. There are 2 new bank accounts opened by the CBI, one being in New York the other in Kuwait. The DFI funds will be deposited in the NYC account on the 30th June 2011, on the same day at the same time 21 billion $s will be paid into the Kuwait bank account this will be a final settlement for the gulf war or invasion. Part of this $21 billion will also be accessible to Iraq on a 3 year basis to aid them in the reconstruction of amenities to the Iraqi citizens. It’s all been finalised in full agreement by the UNSC. I don’t post BS, I never play with DV members minds, I personally go to my meetings every 3 months to meet the group I belong to. I personally told many there would be no RV in 2010 but got my backside whipped for doing so but sadly I was correct & trust me I wish I was wrong but that’s life. I truly believe today’s meeting with my group has now given the end date to this rollercoaster ride we all wish to get off. I am going to PM Doc31 tonight with everything I have on the auctions, after all we have tried to help each other out for many a month. I have worked with Doc31 for a long time concerning the Auctions but sometime the pupil has to step aside to let the master take control. Doc31 is the master when it comes to the CBI auction analysis & data DV members I see light at the end of the tunnel. Well all I have to do is now watch the DV clock count down as I am sure you will all remind me of every day that is left before the end of June Peace be with you all Regards Zantac

This was sent to me by a good friend and I am not sure who the credit goes to whom wrote all this. I thought it sounded great, so I am passing along to you all. Linny Okay, I wanted to do some of this research for my own sanity (LOL) and thought I would share it with you guys. Follow me here... Executive Order, #13303 that was signed by President Bush in May 2003, is the EO that protects the DFI funds from garnishment, levy, judgments, etc. Here's EO 13303: http://edocket.acces...df/03-13412.pdf Here's the history of it since May 2003 (with subsequent renewing EO's): "Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest Signed: May 22, 2003 Federal Register page and date: 68 FR 31931, May 28, 2003 Amended by: EO 13364, November 29, 2004 See: EO 12722, August 8, 1990; EO 12724, August 9, 1990; EO 13290, March 20, 2003; EO 13315, August 28, 2003; EO 13350, July 29, 2004; EO 13438, July 17, 2007; Notice of May 20, 2004; Notice of May 19, 2005; Notice of May 18, 2006; Notice of May 18, 2007; Notice of May 20, 2008; Notice of May 19, 2009; Notice of May 12, 2010" http://www.archives....2003.html#13303 EO 13364 Amended the original EO 13303 to add the following protection for the CBI: "(iii) any accounts, assets, investments, or any other property of any kind owned by, belonging to, or held by the Central Bank of Iraq, or held, maintained, or otherwise controlled by any financial institution of any kind in the name of, on behalf of, or otherwise for the Central Bank of Iraq." The LAST renewal (see above) is dated May 12, 2010, signed by President Obama, and expires one year from that date (or perhaps the date of the Federal Register publication on the 17th)-- so this protection of the DFI funds ceases on or about May 12 to May 17, 2011. http://www.gpoaccess...D-201000372.htm Quite literally then, this means that the last vestiges of Ch. 7 of the U.N. Sanctions that is set to expire in June, MUST actually be done and removed by the time this EO expires in mid-May (or in the alternative, the EO must be renewed once again to coincide with the UN's DFI protection expiration date in June). Regarding WTO Accession: We know they hired a WTO Customs Training Advisor on a 'short term contract' of no more than 120 days beginning March 15th, so I would assume that July 15th is an outside window for WTO Accession. http://don't promote other sites....120#entry240120 I am making a leap here, but I believe this position is being fulfilled via The Handbook on Accession to the WTO's 'Technical Assistance and Training for Acceding Countries' - http://www.wto.org/e..._e/c3s3p1_e.htm (which is a good thing!). What is noteworthy is this very short statement here: "Any state or customs territory having full autonomy in the conduct of its trade policies may become a member (“accede to”) the WTO, but all WTO members must agree on the terms. This is done through the establishment of a working party of WTO members and through a process of negotiations." http://www.wto.org/e...acc_e/acc_e.htm Essentially, this confirms Boon's information he received today (although worded a bit differently)--- and that is that the country must be sovereign (full autonomy) to become a full-fledged WTO member. Recall again that the EO 13303 DFI protection extension expires in mid-May (with the UN's extension expiring thereafter). In other words, at that point Iraq will be a fully autonomous and sovereign country, eligible for WTO full accession to membership. Now with regard to a revalue of their currency, there is anecdotal evidence that it must be done BEFORE they finish the WTO accession process. Specifically, Under Foreign exchange and payments (among other relevant information), "Applicants need to describe how their exchange rate is determined, whether their currency is convertible, whether foreign exchange is freely available for trade and payments purposes, whether any regulations exist relating to the retention of foreign currencies, or repatriation or surrender requirements. Applicants should also describe their balance of payments situation." http://www.wto.org/e..._e/c5s2p2_e.htm They are just not going to go forward with the accession process, imho, without having already jumped through those hoops first. It would be unnecessarily cumbersome to go through the WTO process and base their accession on a rate and foreign exchange policy they KNOW is going to be changed soon. So imho, WTO Accession comes AFTER the RV. It just makes logical sense. Further, they cannot have a sovereign fully autonomous country and government, until they HAVE a government with all of the remaining positions filled. So bottom line is this. 1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government. 2) RV the currency 3) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner. 4) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner. 5) Upon completion of #3 and #4 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency. We are coming down to the wire, folks.

Hi Jury I do not think he was 'anti-good news' at all. He was shocked at the cultish behavior and atmosphere which evidently if one does not join in, they MUST be "anti" something. This may be good news for us all, but it would be a nice gesture if you would try not to belittle everyone you respond to. All my best! Jim ---

This amateur footage captured the twister as it made its destructive way through the country's largest city. Witnesses reported cars being flipped over, and roofs ripped clean from buildings. http://goo.gl/fb/LpqeZ

Sorry to bother, could someone please enlighten me as to why the low auctions are a good thing? Not for nothin but it would seem to me that if less banks are participating wouldn't that cause there to be less sold, and pehaps the reason there is less being sold, is the demand for them dropping off, or are banks not selling them for a negitive reason? I guess my question is, are the amounts being sold at auction lowering because the CBI or the GOI is limiting the amount sold, or is it limited because the offers for buying (i.e. Demand) for them is lower? Just questions because I'm not real knowlegable when it comes to these auctions, who sets the amounts to be sold and so on,,, If the CBI or the GOI is setting the amounts and limiting the sales then I can see this as a good thing. Please let me know. Please include where I can find the info to back it up. Thanks! Read more:

I echo that this is an incredibly stupid post. The announcement of OBL's death has nothing to do with any currency RV. I say "The Announcement", because I truly believe that OBL was killed in Afghanistan 6 or 7 years ago.... This is a politically timed "wag the dog", designed to draw attention away from the fact the Obama BC was a fake, and make Obama look like this hero that has delivered us from this great evil! A guy with renal failure that's been living in caves and hide-away shanties. The great boogie-man! Ooooooooooh! I totally smell a false flag operation occurring in the next week or so. Here's a vid that proves the released BC was a forgery. I'm not a huge Alex Jones fan, but I familiar enough with digital editing that this is no joke. Everyone should be out scouring the alternative and msm to see what it is they are really trying to distract us from.

WE DON'T WANT TOTAL CONTROL OVER THE MIDDLE EAST. We want more oil, but not control. Hello. Our people died in Nairobi at the embassy, the USS Cole, 9/11, and in this horrible war. And did I mention all the allies with us? How about our precious soldiers? WE DON'T WANT WORLD WAR 3. Where is all that coming from? They started this with us. We didn't go over there and start killing off their people for the sake of our religion or the fact that they are allies with Iran and the Muslim Brotherhood. They came over here killing us because Israel is an ally and they think we should be dead because we don't hold their beliefs in Islam. Excuse me, but you need to rethink things a bit. That conspiracy theory doesn't fly one bit with me.

Stop foreign transfers and a warning from the recovery «currency smuggling» and vibration rate of the dinar حيدر علي جواد - 03/05/2011م - 12:33 م | عدد القراء: 427 Haider Ali Jawad - 05/03/2011 - 12:33 PM | Hits: 427 -------------------------------------------------------------------------------- نفى البنك المركزي العراقي امس الاثنين، انباء تحدثت عن إلغائه مزاد العملات اليومي ما تسبب بانخفاض سعر الدينار امام الدولار، مؤكدا انه يطبق "سياسة تعقيم" ضد غسيل الاموال الذي تمارسه بعض شركات التوسط المالي في البلاد. Denied the Iraqi central bank on Monday, the news talked about canceling the daily currency auction, causing a decrease rate of the dinar against the dollar, stressing that he apply the "sterilization policy" against money laundering, which is practiced by some companies, financial intermediation in the country. لكن اصحاب شركات صرافة حذروا من مخاطر تراجع حجم تداول العملة الصعبة على الاسواق المحلية، مشيرين الى ان مطالبة البنك المركزي بـ"الرقم الضريبي" سيساعد على تهريب العملة بسبب توقف التحويلات الخارجية. But the owners of exchange companies, warned of the downside risks to the volume of trading in hard currency on the domestic market, pointing out that the Central Bank's call for a "tax number" will help stop the smuggling of currency because of foreign remittances. وتراجعت بشكل حاد مبيعات البنك المركزي من الدولار خلال الايام الماضية، على خلفية تقديم البنك طلبا لشركات الصرافة وجهات التحويل، بكشوفات تتضمن اسماء الزبائن ومعلومات اخرى عنهم. Fell sharply central bank sales of the dollar over the past few days, against the backdrop of a request to provide bank foreign exchange companies, views the conversion, disclosures include the names of customers and other information about them. ولم يتضح سبب رفض معظم الزبائن لطلبات البنك المركزي عرض كشوفات ضريبية، الا ان مصادر مالية رجحت لـ"العالم" ان يكون الامر على خلفية "مخاوف من كشف الوضع المالي لجهات سياسية او شركات كبيرة وما الى ذلك". It was unclear why the refusal of most customers to the requests of the Central Bank of view tax statements, but the likely sources of finance for the "world" to be on the back of it "concerns the identification, the financial position of political parties or large companies and so on." وتمتع الدينار العراقي باستقرار ملحوظ خلال السنوات الخمس الأخيرة ادت الى رفع قيمته مقابل الدولار من 3 آلاف للدولار الواحد الى 1.7 الف دينار. And enjoyment of the Iraqi dinar remarkably stable during the last five years led to the lifting of its value against the dollar from 3 thousand to the dollar to 1700 dinars. وقلل البنك المركزي العراقي من شأن تراجع مبيعاته من الدولار على مدى الأيام القليلة الماضية، معبرا عن عدم خشيته من إحجام الزبائن، ومؤكدا قدرته الكبيرة في تخطيه الأزمة. And reduced the Central Bank of Iraq would drop sales of the dollar over the past few days, expressing no fear of the reluctance of customers, emphasizing his ability in big missed the crisis. وفي تصريح لـ "العالم" أقر مستشار البنك المركزي مظهر محمد صالح بتراجع المبيعات، عازيا ذلك الى ما أسماها بـ "السياسة التعقيمية التي ينتهجها المركزي حاليا". In a statement to "the world" I have a central bank adviser appearance of Mohammed Saleh sales decline, attributing it to what he called "sterilization policy currently pursued by the Central." مشيرا الى ان ذلك يعود الى "مطالبة البنك المركزي لشركات الوساطة المالية بتقديم رقم الحساب الضريبي لزبائنها". He pointed out that it was due to "claim the central bank to brokerage firms to provide tax account number to their customers." وقال صالح بان هذا الاجراء ذلك يأتي في "إطار التنسيق بين السياستين النقدية والمالية"، مؤكدا بأن من شأن هذه السياسية الجديدة التي اتبعها البنك المركزي ان "تضمن سياسة نقدية سليمة بعيدة عن غسيل الأموال والطرق غير المشروعة". Saleh said that this action comes within the "framework for coordination between monetary and fiscal policy," stressing that such a new policy adopted by the central bank to "ensure a sound monetary policy is far from money laundering and illegal methods." ويتابع المستشار البارز للبنك المركزي العراقي حديثه بالقول "كان هذا الاجراء سببا في إحجام الزبائن، ولا نعلم السبب الذي يقف وراء ذلك طالما نتحدث عن وسائل قانونية، الأمر الذي يضع هؤلاء الزبائن في دائرة الاتهام جراء الخوف من الجهاز الضريبي ربما". He continues, a senior adviser to the Iraqi Central Bank by saying "This was a cause of action in the reluctance of customers, we do not know the reason behind it as long as we talk about legal means, which places these customers in the Department of charge due to fear of the tax maybe." وبشأن ردة فعل شركات التوسط المالية على السياسة الجديدة التي اتبعها البنك المركزي، يرى مظهر ذلك "ليس الا مسألة وقت وقد يأخذ أياما"، ويشدد على ان "الغاية منه هو الضغط من أجل التراجع عن سياستنا النقدية الحالية". And on the reaction of financial companies to broker the new policy by the Central Bank, sees the appearance of it, "not only a matter of time and could take days," and stresses that "the aim of which is the pressure in order to undo the current monetary policy." وبشأن الاثار الجانبية لتراجع مزاد البنك المركزي على اسعار الصرف في الاسواق المحلية، يقول صالح أن "البنك يتمتع بقدرة كبيرة على تخطيها بما يمكنه من ارجاع الصرف الى أي سعر يشاء. لا نخشى اشاعات المضاربين وأصحاب الغايات التجارية الأخرى". And on the side effects to the decline in Central Bank auction on the exchange rate in the local market, "says Saleh said that" the Bank has a remarkable ability to overcome so that it could return the exchange to any price he wishes. Rumors are not afraid of speculators and owners of other business goals. " وحول حالة الجمود التي باتت تلف نشاط البنك المركزي مؤخرا، لفت صالح الى ان "يوم الثلاثاء سيشهد معطيات جديدة من خلال توسع البنك في عرض العملة الاجنبية لزبائن المركزي وهم المصارف، بالشكل الذي لايخالف قانون مكافحة غسيل الأموال ولا يخالف التنسيق مع السياسة المالية في مجال الإيرادات الضريبية". And about the stalemate which has damaged central bank activity recently, he drew the favor of that "on Tuesday will see the new data through the bank's expansion in the presentation of foreign currency for customers of the Central are banks, in the form of Ahikhalv law against money laundering in violation of coordination with fiscal policy in the field of income tax. " ويؤكد المستشار البارز للبنك المركزي بأن "هذا التوسع مكن المركزي لحد الآن من جمع أكبر احتياطي في تاريخ العراق وهو 53 مليار دولار"، لافتا الى ان الاخير "يبيع ما يقرب من 35 مليار دولار سنويا، بمعنى أنها تحول ثلثي إيرادات النفط". And confirms a senior adviser to the Central Bank that "This expansion has enabled the central yet to collect the largest reserves in the history of Iraq, a $ 53 billion," pointing out that the latter "sells nearly $ 35 billion annually, in the sense that it converts two thirds of oil revenues." ويعقد البنك المركزي خمس جلسات اسبوعيا لبيع وشراء العملات الأجنبية، ويتقاضى عمولة عن البيع النقدي والحوالات الخارجية مقدارها 13 دينارا لكل دولار. The central bank held five sessions per week for the sale and purchase of foreign currencies, and receive a commission on the sale of foreign remittances and the cash amount of 13 dinars per dollar. وفي السياق ذاته، حذر خبير مالي من مخاطر تراجع مبيعات العملة على الاسواق المحلية، متوقعا انتعاش تهريب العملة بسبب اجراءات البنك المركزي الاخيرة. In the same context, a financial expert has warned of the dangers of falling sales of the currency on the domestic market, and expected recovery of currency smuggling because of the recent central bank measures. وفي حديث لـ "العالم" قال أمير مطر وهو صاحب شركة صرافة معروفة في بغداد، ان "البنك المركزي العراقي لم يبع سوى عشرين مليون دولار، في حين كان يبيع حتى قبل عشرة ايام، ما يقرب من مائتي مليون يوميا". In an interview with "the world," said Amir Matar, the owner of well-known foreign exchange company in Baghdad, said "the Central Bank of Iraq has not only sold twenty million dollars, while he was selling up to ten days ago, nearly two hundred million a day." ويضيف بأن "السوق العراقية بحاجة الى ما لا يقل عن 150 مليون دولار يوميا، لكن انخفاض مبيعات الدولار من شأنها التأثير على أسعار المواد الاستهلاكية، والمتضرر سيكون المواطن بالدرجة الأولى". He adds that "the Iraqi market needs to at least 150 million dollars a day, but the low sales of the dollar will have an impact on consumer prices, and the injured citizen would be first place." وعزا الصراف تراجع مبيعات مزاد البنك المركزي الى "خلافات الاخير مع وزارة المالية". He attributed the decline in sales of auction-Sarraf the central bank to "differences with the latter and the Ministry of Finance." وحول مطالبة البنك المركزي لشركات التوسط المالي كشف الرقم الضريبي لزبائنها، يرى ان ذلك "سيوقف المزاد بشكل نهائي، بسبب رفض الزبائن"، ويؤكد بانه "سيسهم في تهريب العملة، بسبب توقف الحوالات مما سينعكس سلبا على العملة الوطنية". The claim about the central bank to financial intermediation companies disclosed the number of tax clients, finds that "this will stop the auction is final, by the refusal of customers", and stresses that he "will contribute to the smuggling of currency, due to suspension of remittances, which will reflect negatively on the national currency." ولفت الصراف الى ان "ارتفاع سعر صرف الدولار بلغ رقما قياسيا اليوم (امس) الاثنين"، مبينا أنه "غير مسيطر عليه حاليا". He pointed to the cashier that "the high dollar exchange rate reached a record high today (yesterday) Monday," noting that it "is not currently controlled." http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.burathanews.com/news_article_123935.html&prev=_t&rurl=translate.google.com

Ok here it goes for the people who keep getting talking into the lop talk. How is it the Iraqi’s are spending billions to buy back Dinar off the streets, and from banks in Iraq? They are auctioning off the biggest oil drilling contracts on the planet. The country as a whole is the largest oil development operation on the entire planet. You have 800 of the top business on the planet trying to set up shop in Iraq. We see all this “body language”, we see them with our own eyes taking larger notes off the market, and we see people complaining they don’t have enough currency notes to go around last few months plenty of articles pointing this out. We have the CBI telling people we are going to get rid of notes to help increase value, and also introduce the lowers for transparency. The CBI has stated over and over again… more value, less notes. IMF get the Dinar to the buck and fast. We see all this happening before our very eyes, and they have been in the process to get this done in the last year and half, we have progress reports about them taking 70% the notes out of public. Then we have one fat Iraqi come in on a news interview from pigs tooth Arkansas, and say no no no don’t buy the Dinar it will be worth nothing. Watch what they are doing for the love of Pete, not what some fat Iraqi says who probably resents you and I having Dinar in the first place, and God forbid if someone made a profit. If you have not been paying attention they are 100% full of crap. I can’t say it any clearer than that. Iraq is set up to profit and be an island of wealth, no plans, or any type of reason for them to devalue the currency or try to use Hyper inflation policy on a currency that it’s true rate is being held down by the CBI and the auctions they have. Please people, don’t worry you are in a good spot and should be happy your blessed enough to be on this ride. Do not let someone talk you into not looking at all the work done to get the rv going and all the “body language” and all the policy they have implemented to add wealth and a environment in which the currency we are sitting on will grow God bless you guys, just rest your thoughts, relax. Warmest Regards, Breitling

Each person should listen to the Lord and to their own heart as we all watch this play out during what has become a very exciting ride. At this time, I feel that I am to hold on and wait for what I believe will be a very nice financial blessing. Go RV! Blessings, Texhad

anybody who believes our govt isn't capable of doing something like this, or believe they would never do, or have never done anything like this, IMO is, let's just say, very, very naive.

Anybody who believes this bull has got be pretty damn stupid!

Whoever gave me a negative for asking a simple question about the auctions,,, Why don't you offer some information since you think that I am being negative by asking honest questions? Please pardon me for wanting to know why I believe something as apposed to just believing that EVERYTHING I read means RV tomorrow! why would you NOT want to understand why this is a possitive? If you already understand this (and have factual information to back it up) and who sets the limits to be sold, then PLEASE DO SHARE! if you don't have a response to my question then don't respond. I want this thing to RV or else why would I be here?

Thanks Doc31. I always look for your opinion when someone else comes in and puts the chart up. My thoughts only. People can copy and paste the chart, but they never give the input that you do that comes in with a plus. I appreciate that others do, but you just give that finish calculated thought

So I have an idea... it's a little different than the way most people think... but I am smarter than 'most people'. I am rich, so I am going to start an 'organization' to accomplish 'something' that I believe in... I'm going to hire people who listen to what I say and that agree with me. I'll start by helping people get what they want. Q.) How do you get someone to do what you want? A.) Find out what they want... and give it to them. So now I'm really, really rich and have lots and lots of organizations (getting people to do what I want, so I can accomplish 'something') Ok folks... What is this? Is it a Business Plan?..... or a Conspiracy....? Is it a George Soros type.... whatever...? Or is it you, with your blessing...? I get bashed by my family for being one of those conspiracy nuts but I ask you... what IS a conspiracy anyway? If I want to start a foundation, or a business........... or build an apartment building... (didn't we hear this on a call recently?) Don't I have to 'conspire' with others to get it done?? (zoning, construction, electricians, plumbers, etc) Then when I want to rent out the units, they said on this call to rent to disabled vets, section 8, people that have a guaranteed income.... Now is this a 'good business decision' or a conspiracy to keep fixed income people together or to discriminate against those with regular (risky) jobs? My point in all this is why are some people SO ADVERSE to looking at the other side of the story that they will dismiss it out-of-hand, without even CONSIDERING the IMPLICATIONS IF IT WERE TRUE? We are all connected, wings of a butterfly and all that. What's wrong with being open minded? Seems to me, the smarter thing to do would be trying to determine if you are/will be affected by the fluttering (not at all) or the hurricane or tornado as the case may be (completely devastated) SO What ARE the implications IF _________ were true... Would it affect me personally? Would it affect my community/country? Would it affect my investment? Before I get bashed for not trusting our military - I was one. Ever heard the term... ...black ops mission? Thank you!

Bullseye.............Mama always said there were two sides to every story and you have to read between the lines and most of all, you need to have common sense to tie it all together. Our GOV and the media are trying to tell us what to think, say and believe to create a sheeple nation that asks no questions which makes us lambs for the slaughter WAKE UP AMERICA!!!

Holy crap!!!!!!!!!!!!!!!!!!.....I mean really............ Holy crap!!!!!!!!!!!!!!!!!..........it just fell off a cliff. Something is definitely going on............... this is our sign. Brace yourselves folks this is very very exciting!!!!!!!!!!!!!!!! OK I just wet myself

Marcus. Thank you for taking the time to write a very clear and concise analysis of the current situation. Even though it is speculation, I find value in what has been a concern of mine since the beginning of this roller coaster ride, the monetization of a full value RV and the concern of how it would be funded. Your views regarding a managed ride up in value make sense and address this issue that has been nagging me. I always questioned the ability to pull off a one-time event and it is good to have some validation. I think the only item that was not addressed in your post is that of value vs. speculation. The argument against managed float up is that an RV that is too low in value will proportionately attract speculators and work to destabilize the currency. I actually see the opposite and think the more speculation the better as it distributes the IQD and brings it closer to being a world-traded currency. Additionally, I think CBI has been working fervently to manage speculation through monetary supply controls. Your post was very insightful.

I have to add that I do not foresee another purchase in my future!

An auction like no auction day...... something cooking..? brewing..?

And it was all cash. No transfers. Never happened before.

I have never seen the auction as low, ever. The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAY-2011. The results were as follows: Details Notes Number of banks 6 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 3,515,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 3,515,000 Total offers for selling (US$) -----

I, for one, am extremely familiar with it. 21k gold is worth 12.5% less than 24k gold. At todays ounce price, that would only be $193.75 less for 21k Vs 24k gold; virtually irrelevant in physical labored gold sale price.... For example, 20% premium is usually added to the gold spot price for gold jewelery in the middle east... ($1356.25 spot price of 21k gold oz + 20%= $1,627.50 or $1550 spot price of 24k gold oz + 20% = $1860; for gold jewelery...)

You know, I try to told my tongue, but every time I come to this particular board, I find just an amazing amount of negativity. If you can't believe in the good intentions of somebody who has faithfully been reporting things that HE believes to be true, for no other reason than he's trying to keep the positive info flowing, can't you just keep quiet about it if you don't like it? Seriously. Isn't that what these boards are all about, people sharing their intel, and then readers making up their own minds about it without poking and poking and poking at somebody they don't want to hear from anymore? If you don't like what Okie has to say, then I might make a simple suggestion and advise that you DON'T READ IT!!! Personally, whether I believe or disbelieve what Okie has to say, I still enjoy reading his posts. He is a character all by himself, and as time goes by, the RV is behind us, and we're all out there spending our not-very-hard-earned dollars, I will always remember Okie and his own humor and frustrations as he shared with us what he knew. Okie is a veteran and, in my eyes, an American patriot!

According to news reports, if you chose to believe them or not, several countries including Saudi Arabia and the country where he was killed last night REFUSED to claim the body. What would you have the US do? Would YOU want this guy buried in YOUR country. If I was still in the Army and we were the ones who had his dead body I would have gladly dumped him out like the trash. People who have been abused, raped, had family murdered etc. don't want to be around the dead body of the person who caused their pain. I don't get why the word of our brave soliders, DNA, Osama's wife, captured prisoners and others is not good enough. I guess people wanted the body like doubting-thomas did when he did not believe Jesus was risen. Don't get me wrong. I know for a fact that conspiracies exist. In fact there are over 70 proven conspiracies done by the US government alone. These are all accepted by everyone as being conspiracies. In this case I think there was no conspiracy. Even if they kept the body people would still find something wrong. They would say the body was fake, was a clone, was a look-a-like etc. He had surgery in a US hospital back in 2001. Could be they got the DNA from back then.

Seriously ... you really expect there to be a connection? Really? For REAL? We do need an emoticon smiley thingy that denotes shaking one's head ... seriously! smee2

You are trying to quote the Bible and say the U.S. is the ***** of Babylon? The same one that Bible scholars say may actually be Rome or ancient Babylon...you know a city that was once or still is located somewhere in Iraq or between Iraq and Iran? And that we came from robbers, rapists, and murderers? HMM... America may be standing in judgment for its immorality and turning away from Jehovah God (no offense to those who don't believe), but not for what you accuse her of being. And if I were you I would study several books on American history (1700s) and the books of Daniel, Ezekiel, and Revelation in the Bible...much more than I suspect you've already studied. You are way out in left field. And I don't have time for this particular argument.