cgbrown

Thanks for your comment...... but it didn't really answer the question!!!

So my question is : How did we come to close the 'official Thursday Chat" before many had a chance to respond, yet the 'drive-by chat" which provided little information tends to linger on??

Just curious: when are the next elections in Iraq. Were they elected to a four year or 6 year or indefinate time frame.?

There is wealth in Iraq and I am sure they planned to keep as much of it as they can....... To raise the RV to Sadam Huessin days $3.22 is not out of reach especially is they come out low and progressively move in that direction. Only time will tell. It all looks good on paper.

GOOD QUESTION: 'loaded' but good. However I think it would take a book to answer the question(s) you have written here and implied. Don't expect a lengthy response. Adam only has a few short minutes to field questions. Best buy his book. And 'no' Adam didn't give me a free "VIP membreship" to say that.

I too noticed the lapse in time on the CBI Auctions. " Last reported CBI currency auction in the PDF is March 20th".... I have seen them last couple of days at least.

This thread needs to close........ we have a new thread for this week's questions.

Well it is obvious that we did not see a RV in March.... so when is our next window of opportunity??? What hurdles are still before us before reaching the finish line on this investment???

Thanks......interesting read.

My question relates to the local banking. Are the local banks closed during the Arab Summit?? How can the banks be closed for a week and businesseos still able to function. Do you ever recall a time in America when the local banks were closed for a week or more (without being forced out of business because of a bank run).? Just had my curiosity level increased and was wondering about the implications of banks being closed.

KCW: thanks for quickly posting the chat record. To sum the chat up in just a few words: Wait a little longer.

Liking what i am reading........... RV this week..... maybe!!!!

Can't beat that for service. I am sure this only raises more questions for this week's chat. So post them in this thread.

Hopefully he will have more to tell us in Chat this coming WEdnesday, if not before.

A new week, a new chat, a new set of questions. Adam has been overseas, in conference calls, there must be something he can tell us. What is it you want to know? This is the place to ask those quesions: 1. Besides the obvious "Are we there yet? 2. I want to know are we still looking at a low RV...... or has the possibility of it coming out above the 1:1 ratio improved any.

Frank asks again for your prayers because there is so much to remember. Also wants to apologize for anyone who he might have irritated, with him being blunt and to the point...when people call and ask for a summary of what is going on. 1) Frank asks that we go to his website from now on. 2) A new thread is being put together on the forum for the Skullcrushers to put their posts there. Frank is going to talk to us in third person, sitting on his blue couch. Yesterday he pointed in a certain direction...they didn't do it on the 14th/15th. They are not going to do it before the Arab Summit. If you think the military in Iraq is prepared to deal with the security of the Arab Summit...they will be getting some help. Skullcrushers ZOCHOWSKI and Memphis are going to come on and talk back and forth with Frank. The article we talked about yesterday, we are calling it the "X-ray". The article talking about wheat payments on April 1st, is also being called "X-ray". Frank uses "catch words" so that you never forget what they are trying to teach you. We'll define "X-ray" in a minute. Jhez: was that you that started this rumor Frank asks? Is Ali in Iraq? Frank is not sure...why don't you call Ali...his office does not answer. Frank wants us to remember something Ali mentioned the last time he was with us. The last time Ali was with us, he said "Frank the day that the Iraqi dinar goes up, I will open the offices and I no longer sell dinars. I am busy doing something else. The day the IQD goes up at least .10, I will open the office in Toledo". Do you understand that Ali is trying to get 4 banks in Iraq? Do you understand that Ali is close to the heart that beats at the banks in Iraq? Do you understand that Ali quit selling dinars last year for a reason...to get ready? Do you understand that Ali may be in Iraq trying to tell you something, maybe even before he went? When it goes up to at least .10, Ali will open up his offices to start exchanging the dinar. Frank says to keep that in the back of your head as we talk throughout the night. We told you when Maliki comes back from Kuwait, he would disappear. When he went to Kuwait, it was for a specific reason. What they did not finish, was to make payments, so they took them a lot of money. The payment to Egypt for $402 million was delayed, because of having to convert them with the new rate. That article we are calling "X-ray". They are making the payment to the main Egyptian bank in the U.S.A. If we send it there, it has to be converted. If we had the true rate, we could do it...but we don't. We are going to have to do this by hand then. It is going to take us at least over the weekend. It is the X-ray of the 2012 budget. The x-rays tell us that there are things happening. The article today tells us about wheat. The payment on April 1st will be done with the new currency (with the new denomination). That is an X-ray of the 2012 budget. Memphis came on to help Frank with the words from the article. Iraq also bought 400,000 tons of Canadian wheat in February AND Iraq is planning on issuing new tender to buy wheat in April. Frank says that means they are printing new currency then and they are going to issue it when...in April? Frank says we should write that down. The new legal tender currency is going to be introduced to make this payment. Are we going to see it? Is the budget going to allow us to see this new tender? Do you understand that they are talking about lower denominations...the 100, the 200 fils that they are saying they are going to bring out? Frank asks Zochowski and Memphis if they think Iraq is going to introduce to us or the citizens, a new currency...the new denominations? Lower denoms are in the banks now. They were printed in 2004. AND the Kurds wanted their name on the coins, the 100 and the 200. Do you think this payment would be made secretly, quietly, once again, like the payment that was made to Egypt, just a couple of days ago? Zochowski says it kind of gives us an impression of hiding the new legal tender. Frank asks is this a pattern of theirs? Frank says if we do NOT see it, yet we SEE THE EVIDENCE (the x-ray) that they did make this payment on the wheat...then they made it with the new legal tender, didn't they?...on the 1st or the 2nd...if it is paid in full...do you understand that it is an x-ray of the budget of 2012? It is that budget of 2012 that holds the new rate, that is able to make these huge payments across the board. AND they are going to use the new legal tender (currency). The legality of this new rate currency/tender was approved by the GOI in the 3rd week in January. Whether it was one zero, two zeros, 3 zeros, something was lifted to give the power to the 2012 budget. All these articles are like x-rays...we can see right through the budget that they are hiding on us. Memphis says when you add all this together...it does make you think that they are going to show all this. He talked about the article about the wheat. He chose not to speculate on it at first. Then it showed up some place where you wouldn't expect to see it, so it made it more noteworthy. Taken by itself, there is not enough to make solid conclusions. If we add it together with the other news, it appears that the budget will be enforced by then (April 1st). The words "new tender" don't fit unless you take them in context of the new budget. Then you add the article from Egypt...post 53, page 3...Memphis just reposted it...from Walkingstick originally. Why the delay...why did they repeatedly use the word conversion? What could be the hold up? A lot of questions. Frank said on Monday his team found evidence at a bank in Toledo, Ohio....Frank thanks all of the people who called him to have teams calling to see if they can find another zero has been lifted. They told us that it wasn't a testing...it told me that they had lifted a zero..It told Frank that the budget was stimulated by the lifting of the zero. Frank's question is..are they going to lift another zero...and then finally one more zero? Article (Frank thanks Walkingstick) that says (Citizens) in parentheses...is the name of the newspaper where this article came from, so they are not talking to the citizens directly. It talks about revealing the intentions of raising the value of ALL Iraqi dinar to equal one dollar. 4 companies competing to print the currency. As we read, Frank says that the article is coming from the CBI. 4 companies that are going to do new printing of the new Iraqi dinar. The 100, 200 that they just recently told us about...they are not finished. This is the smartest currency on this planet...a dozen features on it. The article talks about the value being equivalent to $1 USD. Page 18, of yesterday's thread, post 344. Zochowski posted a comment saying we have 4 companies in competition to win the project to get the opportunity to do the draft printing of the new Iraqi dinar...and Frank says this article is from the CBI...and Zochowski says they want to raise the value of the dinar against the dollar (raise it by removing the 3 zeros), gradually taking it down to the day to start replacement (which adds value). Frank says adding value by removing the 3 zeros. Zochowski said you're bringing the price of the dinar UP to the value of the dollar....Frank adds ...and then take it gradually DOWN to the day to start replacement? Didn't you just add value to it Frank asks? Zochowski said they want to bring in the new dinar to gradually take out the old dinar. Example...similar to the Susan B. Anthony coin and the $2 bill. Where the VALUE (Frank says), not the currency,...will be in the absence of a fluctuating Iraqi dinar equivalent to $1 USD. It is the RATE that they are talking about here. The IQD they want to get it to $1 USD...yet it's going to be gradual...the value to equal one dollar will be in the absence of Iraqi dinar. Frank says Iraqiya T.V. said today their economy is about to improve, because they started printing their new currency. It is the RATE that will fluctuate gradually...a slow increase (in the absence of the value)...to where they want...1 to 1 (lifting of the 3 zeros). T.V. said it will bring the value equivalent to $1 USD. Delta had said (about a month ago) it would be a sucker bet if they came out low. Delta tried to tell you...my contact talked with Shabibi..and he wants to get it done BEFORE the Arab Summit meeting. That's what he wants to do...those are his intentions, but Frank said it is highly possible that they are going to SLOWLY come out with this rate. Frank said just give us something! This 1170 to 1166 does not feed anybody. Delta said do not be surprised if they start at one penny or .10. Frank said there are going to be 2 or 3 increases (RVs) throughout the year. Memphis says Page 18, post 344, skip down to the body of the article, 3rd paragraph...the Deputy Governor...read the last sentence, the very last part, where he went on to say...look at beginning and end of articles Frank said...Memphis said it said that the IQD will be attractive for trade in the Iraqi market. That's telling us the value of the Iraqi dinar relative to the USD...people will prefer to trade with the Iraqi dinar. Frank said because the value will have gone up, because they are going to gradually increase the value of the Iraqi dinar. Memphis continues up to the first paragraph at the end...last 3 lines...starting with 1120 per dollar...and this is one of the most important tasks of the Central Bank. ....one of the most important endeavors is to raise the value of the currency to increase the purchasing power for the Iraqi people. When he reads this article...he is reading regurgitation...(Frank says yes, in the middle)...pay attention to the top and bottom of the article. Memphis said alot of it is repeated from other articles, yet the beginning of the article is noteworthy. This part that Walkingstick highlighted for us, is saying this unknown spokesman is telling us that they are going to raise the value of the dinar, but they are going to do it gradually. This is an option or possibility that we need to recognize. Memphis asked Frank if he were Shabibi, how would he manifest this change we are looking for? Frank said there are 3 options. This is the 3rd option. This is the path I would take. It is extremely obvious that the whole world is aware that the Iraqi dinar is about to go up in value. So it's no surprise. If I'm Shabibi...it's no surprise to me that everybody knows about this and is buying dinars. I would like it to be policed a little better. If it was, I could have brought it out with a rate like Kuwait did...3+. I have no choice but to try and get the best deal possible for my bank and my currency. If I offered a high rate of $1 or $2 or $3, I'm going to mess up my teeter-totter. I told everyone that I am going to do this at the beginning of the year... I am running out of time...what if I come out at just a penny...if you have a million, you've just made $10,000 (USD)...or ten cents...a million...you just made $100,000...that sounds good. Maybe we will just come out at the first part of the Arab Summit meeting or just after and announce we were successful before with a PIP movement, and we are doing it again...and it's now worth .10 to the American dollar. Frank asks would that satisfy you as a citizen of the U.S. who holds my currency? Memphis said more like other countries' governments...Frank (as Shabibi) said I know, but when Maliki went and did his thing...we pretty much told him what the rate would be and what our plans our...we kind of ran out of time. They said it was cool. Holder of my dinars...what if you spent the whole year of 2012 with nothing? But what if I gave you $100,000 for one million dinar, for the year of 2012? Is that better than nothing? In a few months, I'm going to increase it again anyways...gradually...I don't want you to see anything, unless I make it official. Ten cents is a start. A half a million dinar would be $50,000 USD. Wipe out your bills...and wait until September. Don't tell nobody, but in September these printing companies are going to finish everything and we'll introduce it...and maybe we'll go to a dollar...what do you think? Je'sus inserts an "ahhhhhhhhhhhh". Dr. Shabibi...are we doing this for the citizens of Iraq to get them to calm down? The answer is it's inflation that I've got to get down. I tried with the 4 PIP movements. The test we did Monday was a success. It was .10 (we lifted one zero). Dr. Shabibi how is that going to support your 2012 budget? It will shoot down my inflation. The high inflation we can play with...it can go up and down...the PIP movement bought me a little bit of time...we need more...so even if I came out at one penny or .10...it would help me with inflation...and it would help the budget...(sucker bet)...whew. At 65:30 minute-marker: BlueStar came on and said there was a person in the dinar community that consistently talking about it being June before the RV happens. BlueStar with what happened with Sadr, he doesn't agree with that time frame. Frank wanted to know from BlueStar if there was someone on the internet who talks about a .10 rate, because Frank wants to talk with this person. Frank said about an article from last night...This article today says we are going to increase it slowly. Ali will open the office in Toledo, when it's at least .10. It caused an uproar when Delta talked about this "sucker bet" before. We said no it will NOT be 2013. The GOI in the meantime is cowardly giving Maliki 72 hours and then another 72 hours. So Shabibi is scared to death...Frank talks more about the x-ray of the budget...and increasing it gradually along the way...when the companies are done printing the new currency...in 90 days or less. That's why they call it a sucker bet, because they are going to sucker you into a low rate...and then give you the high rate later. Wouldn't that be a kick in the back-side to offer a sucker bet at the Arab Summit to the Arab countries? Frank says no, they already know what's going down. That's why Maliki went over there and took care of everything. There was no signing. He took a picnic basket filled with millions of dollars and gave it to them...and they gave them a thumbs up for what they are about to do. So having the Arab Summit is all theatrical...everything's going to go smooth...because they all know what's going to happen. BlueStar interjects about Sadr and the pattern of protests that happened 10 days apart on March 9th and March 19th...and if they aren't happy, they may protest again in 10 more days on the 29th of March. Frank's team found that pattern too. BlueStar said that even Delta said it's not about the rate, it's all about jobs. Frank said...look when they first started for the petition...10 days...look what happened Monday...another 10 days...Frank's team actually found another set of 10 days before that...and he agrees with BlueStar and gives him kudos for knowing that something could happen on the 29th if they keep with the pattern. BlueStar asks if all "hxxx" breaks loose, will it cause the Arab Summit not to happen? Frank said he spoke of that before BlueStar came on. Frank said do not be surprised if their military gets helped...the Summit will still happen the 27th through the 29th. They did tell the citizens to stay in their homes on Monday, the 26th though. Capitalizing on the bombings that occurred. Frank said we talked yesterday that Saudi Arabia is coming...we talked about the GCC and OPEC, making money in business. Saudi Arabia is still coming (to the Arab Summit). No one wants Syria to come. Saudi Arabia said it is getting a little dangerous. Why don't you cancel everything? They demand to be protected...and Frank said they will protect him. BlueStar brings up the September scenario. Frank said don't worry...Shabibi says he has to do something (gradually) now...then they will do another increase in September...and maybe 3 RVs in one year...because of the barrel of oil...it will be positioned...$106 to $110...Iran is giving us trouble...the American reserves are running out...Frank says...are you kidding me? We have more oil than you'll ever imagine...especially off-shore. We are working on a theory...while Frank says he was sitting on his blue couch. 83-minute marker... Memphis said there is more to that article. He's having a problem with what Frank is saying as Shabibi. We run the big risk if we are quickly deterred from our present course. What we believe to be the best case scenario. We have concluded that we are going to see the budget contain the new value of the IQD. Then this article makes us wonder what new value we are going to see in the budget. We have to allow for the fact that they MAY come out with a new rate. Delta wasn't trying to bring people down with that possibility. Frank says it is our responsibility to bring out all possibilities. Memphis continues saying we are bringing the possibility forward, yet he is not moved from his position. Memphis states that this article is not from Shabibi. When we do hear from him, we should treat his statements seriously. Even articles from Saleh are sometimes misleading. This particular article is from an unidentified "source". This is not the first time they have done this...this is suspect to Memphis. Frank says it is something to consider...good observation. Frank told the family it was from the CBI. Memphis said it is a CBI source, but they didn't get this source's name. That's his first red flag. Memphis said the last paragraph takes us back to a 1 to 1 valuation of the dinar. He is going to post further on this Wednesday night. The last 3 lines tells us about ... through the present day and talk about the intention of the government to remove 3 zeros from the Iraqi dinar, up to levels comparable with the exchange rates of foreign currencies...back to the glory of the Iraqi dinar, etc. This brings us back to a one to one ratio with the dollar. Why did Frank bring this up? With the article and when he compares it to what Ali said, it behooves him to bring it up again. The "intent" of the government removed 3 zeros from the Iraqi dinar...up to levels... is what they want to do, Frank says. A gradual increase to get to the 1 to 1...their intent is to get to the old glory days to the $3.22. 94-minute marker: Zochowski talks about the articles saying "intentionally misdirect". Frank talks about kzh54 asking a question about the notes from 03/19. About the word "tender". Revaluing their currency anytime now...Delta posted about a tender or a bid for those who specialize in printing...21 days to bid, takes us out to April. Frank says there are so many ways we can look at this. He felt we should also look at the sucker bet possibility. It's a slow, gradual process...and if they come out at $1.17, that is a slow process. Je'sus asks about another scenario of the rate coming out at 25 cents. September is the target date for them to be finished with the printing of the new denoms. 100:30-minute marker: Frank says that he thinks they are done. Zochowski feels that we are so close, we probably don't realize how close we really are. Frank's team knows about some interesting people who are flying over in preparation of this event happening very soon. These are serious people. Shabibi could come out at .10 to get many of the dinars back. He knows that there are many more dinars, than there are whales. Memphis has a closing comment about the dire straits that people are in. He wants to offer a word of encouragement to them. He has a list of pluses in his head that grows every day. The minus list has things dropping off it. Memphis reminds us of Eagle1 bringing us the information about George Robinson's group appointment in 2 weeks with Wells Fargo. So he says hang in there...we are very near. Frank says kings, queens, or vagabonds are all coming over this coming week. Frank wishes he could tell the family who they are. This to Frank is a precursor. Frank doesn't know if Ali is in Iraq...he left him a message today...if he didn't hear from him today, he'll understand that Ali is in Iraq. Ali, we are going to do the office in Toledo...he has one question for him...are you offering the CBI rate Ali? Banks are going to compete against Ali. Someone tell Ali to call Frank. Many people had questions for Ali today. Please call Ali. His number is: 661.472.8510. When you call, Ali will answer in the recording and gives his email address...so if you need a receipt, send him an email. He will send you what you want. Frank cannot help you with those things. Frank wants to have a Skullcrushers' meeting. Then Frank wanted to let the Admins, Mods, Newshounds, Greeter, Skullcrushers, (all staff members) know that he wants to give them each a 1K dinar note. Send Tink a PM, including your name and address. Some wanted to give this gift from Frank to someone else...PM Tink to tell them who to give it to. The first admin wanted to gift their 1K IQD note to Afferchild...so Afferchild, PM your address to Tink. Frank ends singing Amazing Grace and prays.

thanks for the post, I was just getting ready to post it myself......... good read.

Your welcome. BTW , I enjoy your postings.

Looking forward to your update and chat on Thursday. Bring good news.

Maliki has selected his Defense Minister today. It was announced on Iraqiya TV today. BREAKING NEWS Maliki agrees on Iraqiya’s nominee for defense Minister 19/03/2012 22:41:00 Baghdad (NINA) – Informed source said that Prime Minister Nuri al-Maliki has agreed on a nominee presented by Iraqiya slate for the post of Minister of defense. The source, who refused to be identified, told NINA on Monday, Mar. 19, that Maliki has agreed on one of the nominees presented earlier by Iraqiya slate to hold the post of Minister of defense and he will send his name to Parliament to be voted on in its next. It is worth mentioning that the post of Defense Minister is to be nominated by Iraqiya slate, but Maliki had rejected a number of nominees presented by Iraqiya. BREAKING NEWS Maliki agrees on Iraqiya’s nominee for Defense Minister The name of the nominee for the post of Defense Minister has not been announced. / End. http://www.ninanews.com/english/News_De%20...%20_VQ=FKIEGE Something profound happened on the CBI today and the evidence and proof of it will be shared tonight. Team is impressed that what was told would occur over the weekend have manifested as spoken. When Maliki would come back from Kuwait not to look for him. Because he would disappear. Today he announced his agreement to nominee for Minister of Defense. If Maliki is about to do this; then this tells us that many facets of our investment are complete. Team believes that the lifting of the three zeros is completed just not announced. Delta arrives on the call and gives his report. Frank’s Team came about by the direction of God...to him...and became trusted and trusted one another. Since the end of Dec 2011 the Team has been on White alert. White alert means they watch EVERYTHING very, very closely; like a Prairie Dog who sticks his head out of the ground watching carefully all around before making any move from safety of its burrow. Red alert means spotting a hawk coming down to get him and taking him back to the CBI so that he can exchange his dinar. There was a Red Alert today. Frank scrambled his team to tell everyone what’s going on. By the time they got everything to Delta, Frank and team knew what was transpiring and reset Delta to White Alert to keep watching and looking. Frank will remain on Red Alert and work more on what transpired today. Red alert was overall cancelled today but the effects of it were very profound and should excite and motivate us that this IS coming family! It’s happening. Amazing what happened today. Delta gives his report. Financial minister. Exciting week. A lot of good, beautiful information coming out. Great news for all of us. Maliki went to Kuwait. Very successful trip! Delta now has access to Kuwaiti TV channels. Team is watching and translating any and all news as to what might be going on with Kuwait that affects Iraq and our investment. A lot of good news coming out of Kuwaiti TV. Financial minister came out in an article and on Iraqiya TV regarding customer tariffs will be implemented on June 1st. This law was passed last year and be implemented at that time. The trouble was they could not and was placed on hold until this year because it would have adversely affect prices of consumer goods inside Iraq without having first revalued their currency. So, another reason the article was important was that this was a requirement of ascension into the WTO. They need to close the gap of value between the IQD and USD. This is Huge! Very important! Delta was told that they need 2 months for adjustment before they start implementing this law. This means we are looking at March or beginning of April. Which means they have to do something with their currency; meaning we are looking at them doing something with revaluing their currency anytime now. Delta posted an announcement on the CBI site on Arabic site, came up on Sunday. 18th. There was a tender or bid asking for those who specialize in providing machines to count, check and bundle currency!!! 21 days to bid; which takes us out to April 8th. When Delta went back this morning the bid announcement was gone even from Arabic site! This is beautiful; it’s HUGE!!!!!!!!! For them to remove the announcement so quickly under 24 hrs and they will need this kind of thing performed when they start exchanging lower denoms for triple zero currency. Last Monday, Mar. 12; Delta’s contact at CBI, spoke with Shabibi and said to him what came out in the article and told Delta which was then posted in article the next day on Mar. 13 where Shabibi said the same thing he told Delta’s contact to a member of the Financial Committee of Parliament about the decrease of value of USD to the Dinar coming in a few days; meaning opposite that the IQD would RISE in value! Essentially…RV!!! Delta and Frank do not present us with rumors; they carefully scrutinize the information prior to bringing it forth as fact or healthy probability. We are very close the RV. Delta was told today as well. When Shabibi came up last June and told Maliki that he was ready to proceed with everything, he was right and they have been making progress by making each move every 6 months. Now why have they waited almost 3 months? Delta was told that, Selah came up a year ago, and said that before we implement this, they had to train the employees, the bank employees and staff and government on how to handle and work with the new denominations so that when the implementation occurred, they would know immediately what to do. Article came out this weekend, very in depth, says Frank, posted about teaching the citizens about the new dinar notes coming soon! Universities explaining the new monetary reform. Delta saw the same article. Speaking about 1,2,5, 10, 20, 25, 50, 100, 200, 250 fils and dinar. Frank says this is the time to tell the citizens about the lower denominations. What Frank will share tonight will make sense and tell us that the people of Iraq are being PREPARED! If they don’t do this after teaching everyone what IS COMING…the Iraqis would be…PUT OUT!! 1 million came out and demonstrated this weekend saying Maliki you stink; you haven’t done anything for us. All of a sudden Maliki comes up with a Minister of Defense. LoL Article comes out about how inflation is killing them. Delta says that the state owned bank, for past 2 – 3 months, employees are being trained about the new lower denoms. Article also came out with Shabibi saying that when the lower denoms come out with will start with the Government banks and not the private banks because they have more security and have everything they need at these banks. They don’t have to exchange their dinar right away. The people have 2 years to exchange their triple zero denoms. 25k notes will keep their same purchase power post RV which will be 25,000 dollars USD. For the Iraqi people it will help them in their everyday transactions with not having to carry around so much currency to purchase and make daily transactions and greatly enhance their purchase power. They explain to their people that they are ready, that everything is accomplished to make this happen. During this time that Shabibi came out saying that it was to be done in a few days in the coming days, this is what they have been doing. Summit is very, very important. March 27 – 29th. 27th or 28th there will be a financial meeting that will occur with other Arab countries. This will include all the Arab financial ministers, including Iraq of course. They will speak of activating the economies between Iraq and all other Arab countries. This is being spoken about on Iraqiya TV. This will happen prior to the Arab Summit. It is speculated that something big will come of this. But they still have worthless currency. The GCC, a year ago, told Iraq to close the gap of their currency with the dollar. Which would mean they need to bring the dinar to at least .86 cents or more in value inside Iraq. Another reason why we believe something BIG is about to happen. Shabibi spoke with Delta’s contact and also told financial committee member that everything is developed, everything is in place and done, just not implemented 100% yet. Couple of scenarios that are possible; we know that security is being set up for the Arabic Summit. Shabibi also wanted this as well. IF we don’t see a change of the rate before the Summit, don’t panic! It doesn’t mean that this is not going to happen, says Delta. Delta still says that this is our month. But Maliki or the government might hold things up until right after the Summit due to the security for the Arab delegates that will be there during the Summit. For the Financial Minister to come out and say that the tariffs will be implemented in June and they need 2 months prior to be ready before they implement the tariffs June 1st was a big indicator for us that the revaluation is coming and the time is right about now. Frank has opinion, but wants to ask Delta; Seeing Maliki select the Defense Minister from the Iraqiya slate list? Is Maliki bending over like a coward or making peace with the GOI asks Frank? Delta says that this is a smart move on Maliki’s part. These are Arab nations and they are big on showing their best, putting their very best foot forward and “showing off” it’s about pride he says. For the Arab delegates to come to Iraq and not have a defense minister just looks bad. It was a smart move for Maliki to do this today. Hi possibility also, because of this, to release the rate this week. Delta expresses that logically, with the financial ministers meeting prior to the main part of the Arab Summit; what would they have to talk about????????????????? If they come and are asking, how are you going to activate your economy with a worthless currency if they don’t let Shabibi or Maliki release the new rate? This is why with Maliki doing this today and if Maliki wants to look a hero…he would need to do this right about now. Delta would not be surprised that they announce the revaluation the next two or three days. Then everyone would be like, WOW, look what Maliki has accomplished and he will come out smelling like a rose! Wed. 21st is a holiday. One more auction tomorrow. Then come back on Thursday. If any change of rate, it has to happen Tuesday, Wednesday or Thursday during the week. Frank asks Delta if he thinks that Parliament would extend their leave until April 6th? Delta doesn’t think so. With Maliki agreeing to the Defense minister; Parliament can do an emergency meeting to vote on anything big or anything they want. President of the Parliament can call an emergency session. Delta expresses again how huge this is for Iraq to hold this Summit. After 20 yrs. of not being on equal footing with their brother countries. Now this is a chance for Iraq to amend old ties and remember the good old days and look forward to the new days to come. Big things are coming; it just makes sense to drop the new rate in now to line up with everything else that is coming. Now they have control of their monies. They are paying off old debts in cash. 500 million to Kuwait; 408 million WIRE transfer to Egypt cash money. They can’t activate their budget or programs without putting out a new rate and revaluing their currency. Everything is on track says Delta. Delta says big mistake if Maliki doesn’t do this prior to the Arab Summit. Frank says we see the pressure from the citizens; 1 million with slogans on signs protesting. The people are starting to get upset. They are warning ahead of schedule that if they don’t make good on their promises, we will tear this place apart. Muqtada Al-Sadr is a hero in Iraq right now. He loves his people even though we don’t like him and he doesn’t like us. He’s the one who pushed for 25% from oil to go to the people. If the GOI didn’t do it, he was not going to vote for the budget. He’s the one who told the people to go out and put pressure to get this done. There was an article that came out talking about a threat from Parliament that if they don’t vote and activate Irbil and hold National Conference in 72 hrs, they would remove themselves from the government and walk out. Frank says it was more theatrics but also to tell them to get serious. Delta says this puts a lot of pressure on Maliki to get everything done. This is all about pride. Sadr coming out two weeks now humiliating Maliki and giving him fair warning if they don’t start getting things accomplished, things are going to get a whole lot worse. Frank asks Delta if Maliki agreed to the Defense Minister today to avoid any further confrontations. Frank sees Maliki doing everything he can not to look like the Maliki that everyone thinks he was like. He seems to be going out of his way to please everyone and making things happen. Why? Pride! It’s a big factor on the Arab stage. We know things are done with the budget and their rate. But they don’t show it to us. Where is the US budget? Delta says we could see a week before or after Summit; possibly after the Summit because of security issues first week of April. Delta affirms that yes, everything is being seen on Iraqiya TV by the citizens. Everything was shut down in Basra for the demonstrations. Sadr can make or break Maliki. Whatever al-Sadr affects Maliki. But seems that Sadr had some pull with getting some movement accomplished in the GOI. Couple days ago, article about Sadr getting a US citizen released from being held. Bluestar is reading report about borders being shut down for 3 days in Bokhastan(sp?). Just came out. Delta – 29th, departure and flights in Iraq. Some dignitaries are even arriving today. Frank says they are trying to calm everyone down. Franks position is that you don’t want to separate and have two different security events; it makes better sense to contain everything and deal with everything as one event. by aliveinHim » March 19th, 2012, 7:39 pm • JMO....Maliki tells Shabibi to pull the trigger this week to prevent riots during the Summit. Personally Frank thinks that Maliki won’t tell Shabibi until the end of the Summit. Delta says he feels this might happen on a day that no is expecting. The 4 PIP movement on Jan. 18th occurred and no one was expecting anything to happen that day. Delta says if something doesn’t happen soon then Sadr will keep causing things to happen with the people. Everything that is occurring is a Win, Win situation for us all! Everything that has and is occurring tells us this is coming!!! Frank says based on what he’s about to tell us, you know that they are doing this; that it’s about to happen. Delta has to jump off the call and leaves. by Memphis » March 19th, 2012, 7:27 pm • Iraqi citizens being educated left and right. Team knew about the citizens having submitted for two permits to protest but didn’t think this one would happen that occurred yesterday would happen until after the Arab Summit meeting. So, what happened today that Frank told his team that they were on Red Alert? Team has been on White Alert since last week of Dec. 2011. Three months in White phase. Looking at EVERYTHING! Team is watching hard for anything and everything, looking for something to occur with Phase 2; watching for the release of the rate and lower denoms. This morning Frank got a call from a very trusted friend who has a connection at a bank there in Toledo Ohio. This incident was extremely significant and 100% true. This is one of Frank’s members of his Finance and Accounting team. Very sharp people and they don’t mess around. They get a call from the bank they have an established relationship with and they are told they have a rate that is different than what it has been. IQD was showing .006808 comes out to a 680.80% ROI This is a test of the banking, wire and exchange rate systems. 2 people and a bank employee cashed out with receipts. Bank employee was told to return the monies or he would lose his job. Everyone that lives in Toledo OH and would like to participate and become a part of Frank’s Bank team please get in contact with Frank. 419-283-2552. Frank will give you a couple days, then he will invite you to meet with him and he will talk with everyone and will organize and select some and divide up and will be in contact with this bank around the clock. Frank knows and trusts the people who cashed out yesterday at the bank, save for the bank employee. Frank knows what the CBI is doing. When you one considers that Iraqi citizens are being educated on the reform of the monetary policy and we see a ZERO removed at this Toledo bank on the exchange rate of the Iraqi dinar, does it not make sense that next week or even this week, we could see…2 zeros removed anytime in the nearest future? And then then…3 zeros…at the end of this month? Another bank situation occurred. This situation occurred at a WF out West in New Mexico. A person walked in and wanted to open a non-interest bearing checking account or TAG acct. The bank person told this person them it was a scam. Then point after point after point the Dinarian educated the bank person. Confidence was built. All this information brought the bank rep to ask how many dinar they have. The admin has a group of many Dinarians with A LOT of dinar. They were invited to a conference room to speak further. At the end of the meeting said they would get an answer to all their questions. Banks are being kept up to date but may not have all procedural information yet. This WF rep admitted this. This tells you this is coming. Not evening having the money…yet…the bank person offers to say that they can send a personal banker to their home instead of coming into the bank. The bank rep was now VERY accommodating thereafter. The WF rep admitted that this event was going to change a lot of people’s lives. The WF rep spoke with Frank’s admin for about 1 hr…and after bank hours. When you go to cash out your dinar; you want to go early and do it before 2:30pm so that you can see your deposit no later than the next day. Frank goes on to explain banking procedures and banking scenarios. Frank speaks of the LOI. It has a 30 day window of response. However, it can be responded to anytime within the 30 day period of requested response. Frank’s team knew that overall, Maliki’s visit to Kuwait was more on the ceremonial side and rehashing and resolving what has been worked on for a long time. It was a touch and go visit. What he did was very impressive. It told Frank’s team more evidently what has occurred with our own UST, with the IMF, with the UN all regarding lifting Chapter 7, why WTO has Iraq’s attention. Don’t pay attention to all the theatrics going on with Maliki and the GOI. Concentrate on Shabibi and when he speaks. Concentrate when Delta tells us that Shabibi has spoken on Iraqiya TV. When Frank’s team receives intel from Kuwait TV, they will share it with us. Hopefully Tuesday or Thursday team might have some news for us. Why? Because Kuwait is leaking the information we SEEK about our investment. Frank takes several calls and answers people’s questions from the forum as well. Question asked from caller; since we know the rate is in the budget, when might we expect to see the rate come forth. Frank believes they will try to present it at the end or during the Arab Summit for many reasons covered. From security to monetary reform that is in place. The budget, the rate, and the lower denoms can become a trifecta during the days of the Arab Summit. This is a stage; a perfect place to make such an announcement. Do we have a complete GOI yet? No, but it appears that things are being accomplished to please one another among the GOI and religious sects. Frank says they never imagined the Defense Minister would come from the Iraqiya slate. Never! This action is HUGE. We wanted to see a Defense Minister but were surprised by this choice of Maliki’s. Frank makes a statement saying He can’t be judgmental when trying to put out forest fires. Frank is making arrangements to be in Hawaii in the month of June, July and possibly August. FullTilt4Dinar will be heading up and arranging the Hawaii trip! Please get in contact with her if you are interested. Frank will post instructions on the forum when the RV occurs. This information will be for site members. One thread with music and fireworks and Frank saying the blessing has occured. Instructions to follow.

Is the Defense minister going to be appointed before the end of March, and will this complete the 'setting of the government' , or is there something else missing in this formation?

Currency Auctions Announcement No. (2100) The latest daily currency auction was held in the Central Bank of Iraq on the 18-MAR-2012. The results were as follows: Details Notes Number of banks 23 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 219,005,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 219,005,000 Total offers for selling (US$) ----- Exchange rates

Sorry, but I posted this earllier. Mods can merge the two threads.

Sorry, but i don't get the reasoning behind this question. Adam conducts a weekly chat in chat room, where everyone can log in. Prior to the chat room encounter, questions are posed through a weekly thread. Adam chooses the question he deems most appropriate and answers them one by one. You seem to have asked a question and the proceeded to answer your own question.

BAGHDAD (Reuters) - Iraq said on Saturday it had agreed to pay $408 million to hundreds of thousands of Egyptian workers who fled Iraq because of Saddam Hussein's 1990-91 invasion of Kuwait. Iraqi Foreign Minister Hoshiyar Zebari signed a memorandum of understanding during a visit to Egypt this week, his office said, under which Baghdad agreed to make the payments to resolve the cases known as "yellow remittances". Hundreds of thousands of Egyptian workers are still owed back pay after fleeing Iraq following Saddam's invasion of Kuwait. Saddam's invasion of Kuwait led to the 1991 Gulf War, when U.S.-led forces drove Iraqi troops from Kuwait but left Saddam in power for another 12 years. U.S. troops returned to topple Saddam in a second invasion in 2003 and stayed until last December. Iraq has made an effort to resolve Gulf War-era disputes with other Arab states ahead of a March 27-29 summit of Arab leaders, the first time the Arab League has gathered in the Iraqi capital since the 1991 Gulf War. Earlier this week Iraq reached a $500 million deal with Kuwait to resolve a dispute over aircraft and plane parts that Saddam's forces took during the invasion. That dispute had made it difficult for Iraqi Airways to fly to Western cities without risking the confiscation of its planes. Prime Minister Nuri al-Maliki's government is heralding the Arab League summit as the debut of post-Saddam Iraq at the centre of regional politics, following the withdrawal of U.S. troops.