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DinarThug

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  1. PIP = Pee In Pants ! Time For Thuggies ! :D
  2. It's A Gladys Knight Backup Singer ! Actually Its The Increments In The IQD Rate. When It Went From 1170 To 1166 - That Was A Movement Of 4 PIP's. B)
  3. CNN. Broadcasting Some Retro Devo Music. I Said PIP It - PIP It Good ! Frank CC Notes 2.6.2012 Frank prays and quotes Psalm 23 to start the call. Frank had a good weekend. Frank will talk about the PIP movements tonight. The tennis ball rate is no longer in the GOI courts. It has been volleyed back over to the CBI. Why doesn’t Shabibi let go of the rate. Don’t be surprised when he does. Frank promises Shabibi is thinking the way we want him to think about the rate. What is the CBI doing? A lot. What is the GOI doing? A lot but not letting us know what they are doing. They don’t want to let us know everything. The rate (ball) is now back in the CBI court. The GOI is done passing laws to activate the rate. They are still working on laws. But they don’t want to tell us what they are up to right now. The revisions for the monetary reform have been accomplished. Frank has a new sponsor coming on Wed. night. A Forex representative that Frank has known a long time and trusts. He will be with us on Wed., evening. This will be another tool for diversification. Oil. Frank told us not to worry about Egypt, Straits of Hormuz, Iran, or anything else. It will only push the price of oil up. Which is where we want to see it go for our investement. You bought a stock called IQD, for a dividend called RI/RV which produces a product called oil that will return our dividend during phase 2 based on oil. Team was looking for another PIP movement around end of Jan. Now we look for another one, perhaps before the 20th. Frank says that would be perfect wouldn’t it. Frank thinks they are doing PIPs in a way that we can’t see right now. Frank believes it will be the movement we ALL seek. A large movement of the rate. An RI/RV movement in the rate. Auctions; don’t hang on so hard to the articles family. The numbers are silly. They tell us they don’t have enough for quorum. Really? Liars! We’ll get to that. Do you think they stopped the auctions on their own? No. We’ll cover that. Rate is not 1.17 now? Don’t get hung up on that article. They often use a decimal in place of commas. The article was old. Arabic language uses punctuations differently. The rate is not true. This rate was rejected by MoF. They said they would need a rate of 3.2108 + 20% most likely to make the budget they now wish to pass at their third meeting. Sabarv…it means exchange rate. Today, an article comes out saying, not enough members to have a quorum. Really? Silly rabbits! Pictures of the IQD on the forum yesterday’s thread was NOT the lower denoms. Christine Legarde is busy with the IMF. She was telling the EU… article spoke of what she’s been up to. Resolution would be an Iraqi RI/RV. The voice of the Iraqi citizens; we should start to hear them right around this time to begin, crying out if they don’t raise the value of their currency…NOW. The time frame we have in our minds is also in the minds of the Iraqi people. The IQD value on the street is going down right now. We may talk about this… Breakaway – had an article from an economist that came out and backed up Frank’s use of the word bifurcating. Frank encourages us to read what this economist wrote when it’s re-posted. The budget is still looking for a 3rd reading. The budget is going to be disrespected by the GOI. The 3rd reading will be huge as it will release the budget. It’s what the MoF wants. Maliki will go to see the Kurds soon to discuss Port Mubarek and chapter 7. Watch Kuwait companies that will invest in Iraq - it will be of great importance to see this. Laws being passed some have been for the Kurds, for Shabibi and the CBI. Obama and Maliki, 2nd meeting. 2 weeks ago. Maliki will take a note over to the Kurds as well as over to Ahmadinejad. These laws will allow Shabibi to raise the value of their currency. Fine don’t tell us. We’ll just smile like we are on candid camera. Hello! WE see U! The program rate is NOT part of Phase 2. Lightbulbs? The program rate is being killed right now. Phase one is long gone. The program rate no longer exists. Will this be an RI. It’s possible. It could come out a RD. Then they will be replaced by lower denoms. We don’t care... They are about to raise the rate of their currency. While GOI was busy, CBI was working on accountability. Asking what were the needs of businesses. The CBI is now becoming accountable with their money, with their currency, and in the way they will raise the value of their currency. As well as, of who, touches their money in and out of their borders. This is huge. At the end, we would see large sums of monies being found. They are taking inventory. A form of sterilization is taking place…sort of. Hold on to your hats family. Frank told TEAM he wanted to talk about this. Frank shouts out to Delta. Frank says they are not sterilizing. No, they are lurking ? Inflation, in Frank’s opinion, Frank sees a PIP movements causing many different rates to show up everywhere. Confusion? No. Article comes out talking about rate of 1500. Then another with 1170. Then another 1166. Then another of 1140…then another of 1120…another with 1117… In Frank’s opinion the PIPS are going about their business but we do not see them right now. Quote, reduction in the Iraqi currency, IQD being smuggled out to Iran, counterfeiting really? There was some concern over the currency leaving the market. 120 million in the auctions leaving at 1117… wow. How did we not notice? They pumped IQD into the market to counteract this and fight inflation. We saw this taking place. There are many ways to fight inflation. But they stopped their auctions. So, now what? They counter with 4% of USD, which is what took it to 1120. We are only 166 PIPs away from 1:1 to USD. Now at 1117? This is 49 PIP movements. This is Huge. They did all of this with zero cash from the auctions. Yet the rate is going down in value in the market? Really? Lifting of the zeros and lifting up the exchange rate is the best way to deal with inflation! Cash auctions are now gone. This was came from the authors. Shabibi can’t like this. But wow. Frank thinks they have painted themselves into a corner and not to the door. As long as they get this done in the first quarter. The statement by Hillarious who said, don’t blow this! Then another Politian comes and reiterates not to mess up this opportunity to do this. They could bring the cash auctions back, or move the PIPs to 1117. But they are doing the PIPs They and many others are hanging on to their currency. Inflation is choking on their currency. The budget, the contracts are holding on…only by a severed tendon. Ball is in their court. They should do what they already know and have suggested times over in their interviews. “AS SOON AS POSSIBLE!” Frank is moving over to doing a video call now. Will have Jesus check for questions on the forum now. Joe Reeves is looking for help with PHP3 forum programming if they know it and could volunteer to help him. Frank is working on the Premium site. Working on tax report for Premium. Ira Roth accts. How do we explain to perform proper stewardship? Frank begins taking calls. Frank answers the callers questions and has fun with the family…showing us his and Tink’s family.  AlooooooooooooooooooooooHA!
  4. I Think That Shabbi At Least Wants Dinner + A Movie b4 He's Gonna 'Put Out' A New Rate .....
  5. I Think That Picture Looks More Like Keep After He Flipped His Lid (Lost His Hat) ! :D Sorry Keep, I Had To Do It !
  6. CNN. Broadcasting From A Souvenir Stand In Indianapolis. We're Getting A Smokin' Deal On Some Patriot Superbowl T-Shirts ! The IQD Team Feb. 5, 2012 Highlights/Summary & Replay of CC Conference Call Replay - Feb. 5, 2012 [/url] 760-569-7699 Pin 769478# Thanks to Mark for the summary Highlights/Summary of Tonights News: Mike Recaps and summarizes tonights new "TRULY WAS A SUPER SUNDAY FOR NEWS" Mike's summary: We are so close to having this done...big things happening and lots lining up Learned today CBI is doing what the CBI does... taking care of its economy We learned the finance committee really wants them to stop selling currency because they think that is the way to do it and the CBI says no we can't stop selling currency...hate to tell you thats how we manage the economy and sell a currency Now just because we have sold this currency and we've gotten out of control...we are Basil compliant now- we now know who its going to and we have better control over who is buying and selling this currency we have about 3 times amount of reserves we need in order to manage our economy which could be anywhere from 60- 90 billion in reserves.....huge reserves Enter the Parliament side Mr Talibani - He's Been the Wizard...hes getting everyone together to work together Pretty amazing....Saw 1st reading on the bill for the new currency which was read 1st today - was not on the agenda numerous articles on Kurdistan and 140 and everybody putting pressure being put on that and that is an important part of the Budget whole day for the budget....we learned Erbil is set and ready to go kinda like a big truck needs to park itself back in Erbil.....pass their budget...get the currency thing passed...and Wow we are ready to go and share the money with people all the things we always wanted to see that we have talked about - 3 or 4 things we are getting action on all of them... That is amazing....take a deep breath....things we wanted to see so this RV can happen we are seeing action on everyone of them on everything we want to see I can't tell you when that date in time is but we are moving forward fast on each item... alot of these things maybe have about 7 days - 10 days worth of fighting to go over from a Parliamentary standpoint anytime in the next 7-10 days any of these things can be voted and passed......we didnt even see one of these things on the agenda so it is possible they can pass these at any point in time - not put them on the agenda and not announce them to us. Think about that...we are not going to know everything before it happens but we are seeing alot happening in this arena that we havent seen and these are all things we wanted to see get done before this RV can take place Man if you have not felt great abut this investment in a while.....and you let people depress you....dont think about the date or the rate just think about the things that are needed to move this thing forward....and if we had to pick 7 - 8 things and say these are the most important things.......we covered every one of those in articles tonight including the CBI having enough reserves to keep everything going forward Real positive day on all of this... ...things we wanted to see...we have been leading up to expecting this...we started talking about all the things getting done...Talabani got back.....seeing articles popping up...you have to be very diligent when looking at all of the articles....get alot of propoganda in articles...you get 3 or 4 different sides trying to pull them out....but if you are smart enough theres all bits and pieces of truth in these articles....theres always going to be a bit of the truth and as we start to pick thru to see whats going we are consistently seeing these same bits come up and moving us forward Iraq truly wants to make itself a major player on the world stage...they need to get it together - government together and get over this crisis.....need to move forward and everything will fall into place that needs to fall in place...period....end of story TRULY IT WAS A SUPER SUNDAY FOR NEWS The I.Q.D. Team, Ltd.'s News Articles Coverage for Sunday, Feb 5, 2012 CBI: we have three times the needs of the Iraqi market in hard currency Central Bank of Iraq refuses to stop the auction sale of currency Central Bank of Iraq to take new measures to control the dollar and the reduction of smuggling out of Iraq Talabani succeed in bringing together Iraqi rule of law Parliament end the first and second reading for (11) bill Kurdistan Alliance: Monday session will discuss all the paragraphs of the federal budget Mandali demanding opening of an office of the Commission on the implementation of Article 140 in terms" Ammar al-Shibli: through (48) hours of the political body of the National Alliance to choose one candidate out of three of the Ministry of the Interior Deputy for Iraq: The list would name new names for the defense after the arrival of Re-Maliki about the candidates ex- Allkash: the three parties that have signed the Convention on Arbil to be more courage to reveal the terms of the Erbil House of Representatives announced the allocation of the entire session Monday to discuss the budget Parliamentary Finance: Federal budget ready for vote next week NEWS ARTICLES LINK What a great night of news, analysis and discussion and Q & A ...listen to the call for all the rest of the news shared....we are getting closer every day......GET R DONE
  7. CNN. Broadcasting From The CBI Auctions. After The RV, We're Gonna Bid On A Guru ! Early Monday Morn Med says to (06:42:22): WELL I WAS READING ON THE BUDGET AND ALSO THE ACTUAL SPIN ON THE CBI AUCTIONS SEEMS IT TOOK THEM SOMETIME BEFORE THEY REALIZED THAT PEOPLE WERE FRONTS FOR SYRIAN AND IRANIAN BUYERS FOR THE DINAR WITH THAT REMOVED THE AUCTIONS ARE PROBABLY WHERE THEY SHOULD BE ABOUT 20 MIL STILL A SIGNIFICANT DROP FROM 200 AND 300 MIL ... IT ALSO SEEMS THAT FOR ONCE THOUGH I AM NOT HOLDING MY BREATH THE PROPOSED DATE OF BUDGET APPROVAL FOR MID FEB IS GONNA BE VERY CLOSE I WILL WAIT TO SEE IF I SEE THE PROVERBIAL MONKEY WRENCH FLYING OVER MY SHOULDER TO SCREW THINGS UP bfree says to (06:48:16): one article states that parliament adjourns till 14 due to lack of quorum Med says to (06:48:34): FUNNY NO QUORUM WITH IRAQI LIST RETURNING AND THAT IS ENTIRELY POSSIBLE THEY TAKE MORE SUSPENSION OF PARLIAMENT INSTEAD OF SHUTTING DOWN THEY NEED TO BRING MEMBERS TOGETHER SO YOU DUMP 8 DAYS OF WORK CUZ ONE DAY YOU DONT HAVE ENOUGH TO CONTINUE bfree says to (06:52:11): sorry i have to run big meeting 7am have a great day Med says to (06:52:21): U2 I AM GONNA HAVE TO LEAVE MY HEAD IS POUNDING LATER DS
  8. CNN. Broadcasting While Vacuuming The Living Room Floor After My Superbowl Party. I Threw A Bowl Of Popcorn At The TV When Madonna's Backup Singer Flipped Me Off ! Gesture Malfunction ? Thug Note: Breitling Is Discussing A Cashout Period (Window) Being Completed By The End Of The Year. Inferring That The RV Will Take Place Well Before That. 2-6-2012 Guru Med WELL I WAS READING ON THE BUDGET AND ALSO THE ACTUAL SPIN ON THE CBI AUCTIONS...SEEMS IT TOOK THEM SOMETIME BEFORE THEY REALIZED THAT PEOPLE WERE FRONTS FOR SYRIAN AND IRANIAN BUYERS FOR THE DINAR. WITH THAT REMOVED THE AUCTIONS ARE PROBABLY WHERE THEY SHOULD BE, ABOUT 20 MIL, STILL A SIGNIFICANT DROP FROM 200 AND 300 MIL. THE PROPOSED DATE OF BUDGET APPROVAL FOR MID FEB IS GONNA BE VERY CLOSE. 2-6-2012 Newshound Guru Mike Saw 1st reading on the bill for the new currency which was read 1st today - was not on the agenda...we learned Erbil is set and ready to go...things we wanted to see so this RV can happen, we are seeing action on everyone of them...I can't tell you when that date in time is but we are moving forward fast on each item...anytime in the next 7-10 days any of these things can be voted and passed...we didnt even see one of these things on the agenda, so it is possible they can pass these at any point in time - not put them on the agenda and not announce them to us...dont think about the date or the rate, just think about the things that are needed to move this thing forward. 2-6-2012 Guru Breitling It's got to be a 1 - 1 exchange, that's the law, that's the way they have to do it. They have to reduce the money supply and then count everything that is out there. They have to give the people a legal notice that it changed & then give them a time frame to cash out. They will get it done & they will get it done by the end of 2012. They are going to reduce the money supply & that is what will trigger the value of our currency going up. Watching the currency supply is the most important thing, I don't think it is Chapter 7. You should be watching Parliament, the CBI, the laws being passsed & the money supply & this should help you get off of the roller coaster ride. There is nothing but positive info coming out. Nothing but good news. 2-5-2012 Newhound Guru Mike Turning our eyes to Parliament and whats going on there…They have met three or four times in a row...reading bills and moving things along…Cabinet Ministers meeting, Maliki trying to get along with everybody now and loosening his stance…. saying as long as the constitution says we can do it we are fine with it…he’s trying to play by the rules now...they are getting ready to come together and move forward.
  9. Here Is The Link To The Previous Chat Where He Discusses It At Length. mailman17: REMEMBER...THATS 2 TRILL SHABS CAN KNOCK OFF THE M2 AS WELL...FOOD FOR THOUGHT Read more: http://dinarvets.com/forums/index.php?/topic/103552-mailman-chat-shabbi-plays-iran-syria-like-a-fiddle/#ixzz1lY8HJMuP B)
  10. Last Year There Was A Debriefing After A Missed Tackle ! :D
  11. CNN. Broadcasting From Shabbi's Living Room. Shab's Is Getting Ready To Watch The Lingerie Bowl ! 2-5-2012 Guru Med I DONT LOOK FOR THE RV EXACTLY, I LOOK FOR THE ROAD TO IT AND WHAT IS INVOLVED...I REALLY CANT THINK OF ANYTHING MUCH BETTER THAN THE ACTUAL RV FOR GOOD NEWS WE ALREADY HAVE KNOWLEDGE OF JUST ABOUT EVERY ASPECT OF WHAT IS GOING ON. 2-4-2012 Guru Mailman17 SHABS WILL NOT LOOSE ANY SLEEP OVER LOOSING 2 BILL [billion] OUT OF THE CBIS RESERVE IF IT MEANS GETTING BACK 2 TRILL [trillion] OFF THE M2...THAT NUMBER MEANS MORE TO IRAQ REGARDING THE RV THAN THE 2 BIL AND IT MEANS IRAN HAS NO HOLD OVER IRAQ...AND WILL NOT BE ALLOWED TO USE THE DINAR ONCE IT BECOMES TRADEABLE LIKE THE US DOLLAR...ALL THEY WILL HAVE IS OIL, WORTHLESS RIYAL AND CAMEL CRAP. [oh my!!!] 2-4-2012 Guru Kaperoni We stated for months that the CBI has laws that need to be passed. Well today, low and behold a great article showed up, quote “He said: that the most important laws that have been a first reading at today's meeting is the official language of the draft law will be the introduction of the Kurdish language in addition to the Arabic language to accompany the currency in which the deletion of zeros in the time of the later date.” So were making progress. Just the first reading, but hopefully in days to come this will pass. We are still looking for a few more laws including the one that adjusts all the accounting records for loans, mortgages, etc. as well. So no RV tonight, or tomorrow, but starting to see light at the end of the tunnel. 2-3-2012 Newshound Breitling This is very simple...Iraq has to reduce the money supply before they can increase the rate...How is Iraq going to get reduce the money supply? Retire the bills with the 3 zeros...Have we seen the Laws to retire 3 zero notes? No. Have we seen the law for the lower bills? No ...that means we have not seen the RV...I really don't know why Okie and those guys are saying this...Is it for attention? I don't know. Its impossible to have an in country rate. 2-3-2012 Guru Bondlady maliki is really tryin hard to hold his country together right now and it’s the truth allawi has been the number 1 stale mate in every thing. it’s what he set out to do and he succeeded in stalling progress and the country’s growth for over a yr now all because his hate for maliki beating him in the elections.
  12. Thank You Freetard Bill And Now For At Least The Next 36 Hours - Here's Ur Sign .....
  13. Thx For The Big Update Bravo ! CNN Has The Kurds In Overtime ! Go HCL ! B)
  14. CNN. The Clown News Network. Our Guru Can Beat Up Your Guru ! February 4th, 2012 08:56 am · [b.I.W.] ok jay you tell me what statement you have read in those iraq news storys that you would be willing to bet your house on are facts??? [JayP] the question is.. why would not they NOT do that [3-BALL] hey Marcus Curtis [JayP] I would be willing to bet my house on it TODAY [MarcusCurtis] hello room [b.I.W.] on what [MarcusCurtis] Hi 3-ball [JayP] every redenomination has gone down that way.. regardless if we like it or not.. [b.I.W.] like it or not [JayP] they ALL call it a deletion of zeros.. [JayP] removal of zeros..elimination of zeros.. etc.. [JayP] that is what they call it… [b.I.W.] im not a dreamer or a pumper [JayP] and in every case.. they redenominated [b.I.W.] you think im giving pumper ammo …. lmao [MarcusCurtis] k the topic is redenomination? [*Tenmillion] 2008 ~ GOI spent over (IQD) 4 trillion (USD 3.7 billion) domestically in both May and June, and over IQD 3 trillion (2.5 billion) in July. Yet current account balances at the CBI remain high as it continues to remove IQD from the economy by appreciating the dinar against the dollar through its foreign exchange (FX) auctions. To keep inflation in check, the CBI has soaked up IQD 17.9 trillion (USD 15.1 billion) through FX auctions so far in 2008; over the same period, the GOI has transferred IQD 17.9 trillion for domestic expenditures. [b.I.W.] really [JayP] I know your not… [JayP] hi Marcus! [MarcusCurtis] Hi jayP how are you? [*Tenmillion] hi Marcus! [MarcusCurtis] I got my own view concerning RD [JayP] Great! Fun topic this evening! [b.I.W.] you guys believe what you want i will believe what i want imho those (000) ARE A TOOL THE CBI USES TO EFFECT THE MOVEMENT OF THE IRAQI DINAR [MarcusCurtis] Hi Ten how are you [*Tenmillion] wonderful [JayP] and they are thinking that maybe the CBI Numbers are not true because it does not jive with the numbers of the currency outside of the banks [*Tenmillion] lol [b.I.W.] ok bro [b.I.W.] i said [b.I.W.] i think somebody’s numbers are off [JayP] Well, we would just have to agree to disagree there that is all BIW.. I respect your opinion.. but I will just go based on historical facts.. [3-BALL] I don’t think they have 27+T outside [MarcusCurtis] even if they only have 10 trillion they can’t raise the value to 1.00 with that muc [b.I.W.] now iraq news storys are historical facts LMAO [b.I.W.] Now i have heard it all [3-BALL] Marcus how about a dime to begin ? [*Tenmillion] MarcusCurtis What is your opinion on Iraqi NEWS ARTICLES? [MarcusCurtis] well there is one thing that I don’t understand [b.I.W.] HI MARCUS [JayP] BIW… C’mon bro.. you know as well as I do.. I am talking about every nation that did the same thing [MarcusCurtis] according to wikileaks files i have read [MarcusCurtis] one of iraqs stated purpose id to dedollarize [JayP] I am not just talking about Iraqi articles [MarcusCurtis] does anyone agree with this? [*Tenmillion] yes, I agree [JayP] yes.. they have stated that as well Marucs.. [3-BALL] which would put them at least $1 [*Tenmillion] they would like to de-dollarize [MarcusCurtis] It is pretty well documented [MarcusCurtis] so if they want to dedollarize they have a problem [MarcusCurtis] if they rd they only have at the current figure outside of banks 25 billion in dollar value [parrish] Not at all. I think they RD and raise the rate. [MarcusCurtis] that is not enough to dedollarize [MarcusCurtis] so whats Iraq going to do? [b.I.W.] and for the record i never said they were not going to redenomate. I said the (ooo) storys were tools the cbi used. I feel that they will have to issue new currency but in order to do that they will have to add value to the new currency or they will be in the same boat they are sailing now… too much paper [MarcusCurtis] They need to expand the currency supply in order to fill the gap for the dollar [MarcusCurtis] now… [MarcusCurtis] consider that the budget is some 90 trillion in dinar [b.I.W.] i agree marcus [b.I.W.] lmao [MarcusCurtis] they don’t have that much in circulation [MarcusCurtis] that is dollars converted to dinar JayP] What is the US Budget [MarcusCurtis] they need around a 500 billion dollar value for their currency to replace the dollar [MarcusCurtis] at the lowest a trillion at the highest [MarcusCurtis] so this means if they RD they need to expand the currency supply 50 times to cover what the dollar does [MarcusCurtis] point to one RD where this was done [MarcusCurtis] even in a hybrid [JayP] Marcus.. do you know what the money supply was when they had a rate of 3+? [MarcusCurtis] A hybrid would be a two for one ratio [MarcusCurtis] just as an example [MarcusCurtis] kind of like france did [MarcusCurtis] and a few others [b.I.W.] thats easy it was less than what they exchanged in 2003-04 [MarcusCurtis] If Iraq does an RD they are stuck with the dollar for a long while to come [MarcusCurtis] thats if they RD straight accross [MarcusCurtis] not sure the exact number [MarcusCurtis] of the money supply [MarcusCurtis] I am not saying it will be 3.00 [MarcusCurtis] or even a 1.00 [MarcusCurtis] my only point is an RD is not always something that provides stability [3-BALL] their budget is 120T dinar [3-BALL] and with 30T dinar out [MarcusCurtis] thats just the budget [JayP] that is true.. and many times.. after a Rd.. many countries had to do it again after that.. [3-BALL] doesn’t seem feasible to me [JayP] but that does not stop them from doing it though.. [MarcusCurtis] what about money for circulation and for the people to use [MarcusCurtis] I am not saying that will stop it [MarcusCurtis] I am saying there may be a sliding scale combined with an RD [MarcusCurtis] to take the currency down to where they need it [3-BALL] I don’t see them rd until after rv [b.I.W.] stop with the cover the budget in dinar [b.I.W.] no [JayP] well, that I can agree with which would be possible.. a possibility I can live with,.. [b.I.W.] they have dollars [MarcusCurtis] And now with dollars getting scarce they can’t afford to make a lot of mistakes [b.I.W.] the budget is in dollars [JayP] because we would more likely come out ahead that way [MarcusCurtis] the budget is in dollars but the convert and give a dinar value [b.I.W.] their budget is dollars [MarcusCurtis] well most of it [b.I.W.] heres kool email we found [b.I.W.] Sept. 5, 2008 ~ The CBI, which had injected IQD 8 trillion (USD 6.7 million) worth of new dinar notes earlier in 2008, informed us that it expects a cash shipment of IQD 800 billion (USD 670 million) to arrive shortly. This shipment will consist of 32 million IQD 25,000 (USD 21) denomination notes and be sufficient to meet roughly one week of cash demand. The CBI has ordered a total of approximately IQD 3 trillion (USD 2.5 billion). (Note: TREASATT advocacy and efforts with the CBI led to the GOI being willing to accept currency printed at DeLaRue’s Nairobi, Kenya facility, which has spare line capacity. This should allow regular cash shipments to begin. [b.I.W.] same email as the others [b.I.W.] so imho they are facts [b.I.W.] those (000) stroys are just that [JayP] facts or not.. it does not take from what why currently have out there.. [JayP] the 000 stories are not stories.. they are quotes.. [JayP] quotes that Shabs or Saleh have never come out and stated are lies [JayP] nor are lies by them.. [MarcusCurtis] heres the thing [*Tenmillion] but Jay….in 2008…did the CBI numbers reflect that post up there? [JayP] and I do not think that the CBI would just put out fake CBI numbers in their financial indicators.. [MarcusCurtis] point to one RV that was over 50 percent during the entire history of money [b.I.W.] 2008 ~ How the CBI handles growing demand for the dinar will be critical, in particular on expectations management and injecting dinar liquidity into the market. The TF-BSO consultant notes the CBI is taking this situation very seriously, and when she was at the CBI this morning all the key managers were going to a meeting on the issue. She also said she had never seen such a long line of armored trucks snaking around the block waiting to get dinars in her entire three years consulting with the CBI. The CBI also issued an immediate press release today to dispel the rumors of sudden appreciation to 1,000 dinar per dollar or lobbing off any zeros to the exchange rate. The CBI’s foreign currency auction’s daily volume has fluctuated, but not substantially diminished. [b.I.W.] The CBI also issued an immediate press release today to dispel the rumors of sudden appreciation to 1,000 dinar per dollar or lobbing off any zeros to the exchange rate. [JayP] Marcus.. never.. I have never seen an instant RV that high [b.I.W.] seems like when they want to say something they do [b.I.W.] all im saying [MarcusCurtis] exactly JayP [MarcusCurtis] There has never been one [JayP] BIW… your own thing you posted proved my own point.. [JayP] they said it right there… [JayP] The CBI also issued an immediate press release today to dispel the rumors of sudden appreciation to 1,000 dinar per dollar or lobbing off any zeros to the exchange rate. [b.I.W.] correct and that was an offical statement [MarcusCurtis] So if you believe the RV will happen overnight and everyone will have a windfall then you got to believe in something that has never happened [b.I.W.] not some micky mouse web site [JayP] they are saying right there.. that they are denying the rumors.. [JayP] right… [JayP] and it goes with exactrly what they articles are saying!!! [b.I.W.] i think that was in their web site bro im looking now [JayP] no 1000x increase.. no lobbing zeros off rate.. meaning.. that if they delete zeros.. it is not just off the rate.. [JayP] it is a redenom.. [b.I.W.] like i wish just 1 of those (000) storys would be then i would shut up [JayP] BIW… you just posted that.. [JayP] that isn exactly what they articles are and have been saying.. [*Tenmillion] the issue is …..ARE the 3 zero news articles credible? [JayP] that they would delete the zeros (which is a redenomination) [3-BALL] NO [*Tenmillion] can we believe them? [3-BALL] NO [JayP] NOT a 1000x increase [JayP] which would only involve lobbing zeros off the rate [b.I.W.] jay i never said they would not delete the zeros… where did you get that from? [MarcusCurtis] I can’t get over the amount of different information about this in news articles [MarcusCurtis] its like watching fox and msnbc at the same time Raffi] MarcusCurtis [b.I.W.] i just said since the normal tools a cbi governor has at its disposal doesnt work in iraq [*Tenmillion] right…so can we believe everything we read??? [b.I.W.] ok lets look at what they can do [JayP] well, I have been watching those articles closely.. and they have all stated the same thing about the deletion of the zeros.. and they have also been clear… 25K would be 25.. 50K would be 50.. etc [b.I.W.] they can lower intrest rate [b.I.W.] wont work they dont loan money [MarcusCurtis] we can’t believe everything we read or hear in the media [b.I.W.] you can sell bonds [MarcusCurtis] I do think the CBI has to be transparent [b.I.W.] only sell to banks wont work [b.I.W.] ok what other tools does a cbi governor have to use [JayP] well, true Marcus.. but if we banked on that with Nigeria, Romania, Turkey, Zimbabwe, etc.. we would have lost a lot of money.. [JayP] and I think that we are making a grave mistake if we discredit the same stories Iraq media is putting out [MarcusCurtis] true Jay [*Tenmillion] they can use the auctions to draw in dinar [*Tenmillion] no? [MarcusCurtis] but even with a RD it leaves the issue of how are they getting rid of the dollar [parrish] So JayP what is the end result? [MarcusCurtis] and how are they going to expand the currency supply [JayP] well, let me ask about the auctions for a moment.. because Ten brings something up that I think is another important topic.. [MarcusCurtis] because they will need to expand the base by a great deal [MarcusCurtis] ok [3-BALL] so a simple rd won’t get it done [JayP] well, that is true Marcus.. but that is why i am curious about what the supply was when they did have a 3+ rate… [JayP] but about the auctions.. [MarcusCurtis] I am not sure I think it was around 40 trillion [MarcusCurtis] but don’t quote me [JayP] I do not think that it was that high.. [JayP] I actually think that it was in the billions.. [MarcusCurtis] but the economy is different you can’t go by that [MarcusCurtis] I meant 40 billion sorry [JayP] it was one of the 4 times I blew the HD [parrish] 27 billion [b.I.W.] but they are selling dollars at the auctionand getting payed in dinar [JayP] yes… I think that is about where it was Parrish.. somewhere between 30 and 40B [JayP] so logically.. [MarcusCurtis] thats back when oil was 15 to 20 dollars a barrel too [JayP] if they RD… [JayP] they can have a $2 rate.. [JayP] so logically.. [JayP] still be covered by the Fx reserves 100% [JayP] and have ample supply [b.I.W.] but they are selling dollars at the auction and getting payed in dinar [JayP] yes… I think that is about where it was Parrish.. somewhere between 30 and 40B [MarcusCurtis] thats back when oil was 15 to 20 dollars a barrel too [MarcusCurtis] the problem is the economy is structured differently today [MarcusCurtis] you’ve got to account for inflation [b.I.W.] since when does a country have to cover its money 100 percent [parrish] Actually 3+ [JayP] BIW… [MarcusCurtis] and you got to account for rebuilding [JayP] you know as well as I do.. [JayP] the CBI has stated that [JayP] this is what they want.. [b.I.W.] you think the imf is holding gold for the usa to cover all it’s paper [JayP] and they have stated they have, and desire to have the strongest currency in the region.. and that is what they are referring to [b.I.W.] why does iraq have to cover all it paper? [MarcusCurtis] I don’t know [JayP] not the USA we are talking about BIW.. [MarcusCurtis] I do know the IMF is the third largest holder of gold [JayP] Iraq.. it is what they have stated [b.I.W.] well you want to throw other countrys into things [b.I.W.] just saying [JayP] BIW.. we do not back our dollar 100% by Fx reserves [JayP] but Iraq does… [JayP] and has stated their desire to do so [JayP] that is the difference [JayP] but a redenomination is a redenomination.. no matter what country you talk about.. [b.I.W.] Where the IMF Gets its Money [b.I.W.] The quota system Each member of the IMF is assigned a quota, based broadly on its relative size in the world economy, which determines its maximum contribution to the IMF’s financial resources. Upon joining the IMF, a country normally pays up to one-quarter of its quota in the form of widely accepted foreign currencies (such as the U.S. dollar, euro, yen, or pound sterling) or Special Drawing Rights (SDRs). The remaining three-quarters are paid in the country’s own currency [JayP] I know, but a redenom.. it does not affect the money they hold.. [*Tenmillion] So Jay….how would they solve the problem of a limited money supply after an RD? [MarcusCurtis] according to lyndsey williams the IMF gets money from oil sales too [b.I.W.] so they pay a percentage of what they are going to print ?? [JayP] in this scenario… that point is not relevant since it would be a revenue neutral for them [b.I.W.] http://www.imf.org/external/np/exr/facts/finfac.htm [JayP] the IMF is not holding Dinar as a speculator that it would gain in value [b.I.W.] im asking how much iraq has to give the imf to print 30 trillon dinar [JayP] well, Ten.. they would need to print.. but I am not sure they would be too limited imo.. [*Tenmillion] I think they would like for it to gain in value at this point to help Greece, etc. LOL [MarcusCurtis] BIW [JayP] I wish that were true Ten.. [b.I.W.] ok im asking a real question here [3-BALL] Greece and etc. [b.I.W.] how much you think iraq had to give the imf to print 30 trillon dinar? [MarcusCurtis] Don’t know the answer [b.I.W.] 10 percent [onemillion] well lets some facts straight…. for one thing i never said it was not going to redenominate [kwekubruni] i am his cousin brother by a different mother [JayP] well, to his point.. the CBI has stated that it would cost about 153B to create the new notes.. which they stated would be 30B [onemillion] i have alway said they would come out with a 25 a 10 a 5 a 1 a 1/2 and maybe a 1/4 note [onemillion] this is a what i said long time ago [onemillion] as for the (ooo)storys [onemillion] i never said they were fake [onemillion] i said they were a tool used by the cbi [MarcusCurtis] In a Redenomination scenareo how can they dedollarize and expand the dinar currency to the amount they need if they RD straight accross? [JayP] ok.. [*Tenmillion] my question too [JayP] well, here is my response to that.. [MarcusCurtis] k [JayP] for one.. I am not entirely convinced that a total M2 money supply of nearly 69B if they were to redenom today would be insufficient.. [MarcusCurtis] even so that is not enough [JayP] so I would need to get more info to say that it would be.. [JayP] If it weren’t then there is no reason they could not print if they can.. which I see no reason that they could not.. but either way… [*Tenmillion] so we are assuming no RV….just a straight Redenomination? [JayP] yes.. straight Rd… but.. that is the other thing ten.. they technically could Rv with it as well though.. [*Tenmillion] right….but the question….I think….was just a redenomination [DDF] JayP why do you think a rd? [JayP] I mean.. I guess they could if you look at what they money outside of the bank would be today if they were to [MarcusCurtis] If they need 500 to 1 trillion in dinar for their economy after an RV and they wind up with 25 billion after RD thats a lot to print [MarcusCurtis] or even expand the base by that much [MarcusCurtis] they need a healthy base but it will take time to expand it [JayP] DDF.. in all fairness.. not that I think they will RD so much as that I am just saying that is definitely what they CBI wants to do.. and that the articles are correct in what they were quoting the CBI as saying.. [MarcusCurtis] they need at least 90 billion just for the budget [JayP] that is what started the whole discussion.. [MarcusCurtis] not counting what they need for circulation [MarcusCurtis] and money for people to save [MarcusCurtis] and money for rebuilding [MarcusCurtis] so the question is why redenominate straight across [Chuckles] and then what is the real loss in the scenario? [MarcusCurtis] to shrink it down to here they need the supply they would just do a hybrid RD [MarcusCurtis] The object is to remove the dollar [DDF] MarcusCurtis what is a hybid [MarcusCurtis] which currently fills 75 percent of the gap [JayP] Now that is something that I can consider as a possibility.. I mean they point to nations like Romania and Turkey that did not do any sort of hybrid, however, that does not mean that they would not do that… [MarcusCurtis] hybrid is a redenomination process where they don’t RD staight across [JayP] so, I can buy into the hybrid scenario.. [MarcusCurtis] for example they may give a ratio of 2 for 1 and adjust the currency higher in value [MarcusCurtis] to have the supply they need [MarcusCurtis] the problem here is Iraq stated they want to remove the dollar because they are heavily dollarized [MarcusCurtis] but the dollar accounts for 80 percent of their budget [Chuckles] this is what happened with the Euro because so manycountries did it at once some had a (hybrid/mix) of exchanges LINK [MarcusCurtis] and it is in circulation around Iraq [MarcusCurtis] thats why it’s a big deal if there is a dollar shortage [3-BALL] the dollars are leaving the country and now shabs has tostop that [MarcusCurtis] yes he does [MarcusCurtis] and how does he do that [MarcusCurtis] dollars flow in [MarcusCurtis] because oil is sold in dollars [MarcusCurtis] so over time the dollars gone will be replaced [Chuckles] as Marcus has stated with reserves each country allows to set what foreign reserves they will accept so when a nation decides to switch currency ISO/GSS whatever you have to take into account all these aspects [Chuckles] we see this with Iraq not wanting the Iran currency [MarcusCurtis] right chuckles [DDF] so that means I should just sell my dinars if it is going to be a rd? [DDF] on ebay [Chuckles] they don’t want to pay dollars for Riyal Chuckles] hence we see a restriction [MarcusCurtis] no that means the that there is still the possibility to make money off the dinar even in the event of an RD [MarcusCurtis] but… [MarcusCurtis] I doubt it will be a majic windfall that makes everyone millionares overnight [MarcusCurtis] you could still make some serious money from it [MarcusCurtis] but not the amount a lot of people think [JayP] I think that long term, no matter what, even in a straight RD.. [MarcusCurtis] because in a hybrid lop there is a sliding scale [JayP] providing that we can find a trader to exchange for us.. that with the new notes, there is no doubt going to be money made.. [MarcusCurtis] durring the trade you don’t trade straight accross [cls] do i have to be heavily invested to make ,, some big bucks ??? [MarcusCurtis] kind of what france did [MarcusCurtis] even Turkey’s redenomination was not straight accross [JayP] it also depends on what you consider big bucks though cls.. [DDF] so if rd what will a 25,000 note be worth [JayP] well, according to the CBI quotes.. a 25K note worth 21.5 USD [MarcusCurtis] I do know that in order to remove the dollar and use the dinar exclusively in Iraq you would need to greatly expand the dinar from what it is now during an RD [JayP] well, according to the CBI quotes.. a 25K note worth 21.5 USD [MarcusCurtis] In a basic rd A 25,000 note would be 25 [kwekubruni] jayp…that means it would 860k usd per million iqd/ [JayP] realistically though Marcus.. in a hybrid a 25K can be worth 215.00 though.. [kwekubruni] ? [MarcusCurtis] but the value compared to the USD could be 2 dollars to one dinar [JayP] would you agree with that possibly Marcus? [MarcusCurtis] which means that that note would be worth 50 us dollars and 25 dinars [MarcusCurtis] yes JP that is realistic [MarcusCurtis] even a little conservative [MarcusCurtis] but the new notes will be worth more compared to the usd [MarcusCurtis] thats how you make the money [Chuckles] though in every redenom the actually value historically goes down, correct? Initially [*Tenmillion] oh thanks Chuckles lol [MarcusCurtis] you can go anywhere from braeking even to gaining 10,000 to 50,000 per million in this senario [Chuckles] just reminding folks of precedence [JayP] whew.. finally.. I am not the one with something less than promising…. lol [MarcusCurtis] that is equvilant to a rate of 1 cent to 5 cents [MarcusCurtis] in the fictional RV [MarcusCurtis] but that is still not a bad deal [MarcusCurtis] there is the possibility you could lose everything too [MarcusCurtis] nothing is set in stone [Chuckles] yeah 250 would be a sweet spot [JayP] Chuckles ! [Chuckles] to 1 [MarcusCurtis] yes it would [Chuckles] like the swiss dinar, wait that was 150..crap [Chuckles] oops, don’t blame blame the crown [Chuckles] rofl [MarcusCurtis] Ok I will blame the umm crown royal no more drinking for you [*Tenmillion] crown royal??? [*Tenmillion] LOL! [Chuckles] LOL! [MarcusCurtis] are you driving home tonight [Chuckles] 12 hour days rot your brain [MarcusCurtis] give me your keys [Chuckles] no Im home now, thank dog [Chuckles] nobody knows but it’s sure a good education for sure
  15. CNN. Broadcasting From Shabbi's Office While Firing Up Some Huge Cigars ! The IQD Team Feb. 2, 2012 Highlights/Summary & Replay of CC Conference Call Replay - Feb. 2, 2012 [/url] 760-569-7699 Pin 769478# Thanks to Mark for the summary Dinar Banker answers all the FAQ questions about cash in procedures including their new policies effective Feb 1. for the 1st hour Great information shared by Dinar Banker - Thanks Dinar Banker from The IQD Team Highlights/Summary of Tonights News: Mike Recaps and summarizes the Latest incredible News from Iraq... Another Great News Night..... Mike's summary: Huge movement and News from the Central Bank of Iraq We've seen them go to protect their dollar We've read they have stopped the auctions Read they are Basil Compliant with the auctions...making sure they know who is buying and selling so they can cut out countries coming in and taking their reserves... They keep on talking about the change of the exchange rate and what we have been seeing over the last week and a half is They say something and then they go do it... This is Huge... Huge... the whole auction thing and everyone seeing that the auction dollars are lower is Huge because they are limiting the number of people who can be in those auctions and who can have those dollars because they have to declare who they are and where they are going...thats huge!! Helps them manage and stabilize their economy and helps them manage and keep their currency from being devalued or inflated by other countries coming into to take their wealth from all of that I have to tell you that is amazing amazing movement on the CBI Turning our eyes to Parliament and whats going on there... They have met three or four times in a row..reading bills and moving things along.... Cabinet Ministers meeting Maliki trying to get along with everybody now and loosening his stance.... saying as long as the constitution says we can do it we are fine with it...he's trying to play by the rules now Looks he is going to try to do what he wants to do by the rules which is good ..because as it goes and they get movement on Erbil and they get that power sharing agreement before the National Conference happens where they are going to choose the direction for their country from a political standpoint almost like a big convention....they are getting ready to come together and move forward Last thing we were waiting to hear about and read about is how are we going to get the wealth to the people Read about a couple of people from Parliament tells us what they want to do to get the wealth to them One member tell us there is money in the budget and we have can take it from here and here and we have the money from the border crossings....this is how we can pay to get more money in the hands of the people All positive steps on everything we said we wanted to have to go forward and it is moving fast...... It is moving at breakneck speed and I believe the next time they meet will be even better As soon as Parliament gets done with the things they need to get passed... CBI has the green light to go forward to do what they want to do Reminder Holiday coming up for Iraq People this weekend and CBI will be closed.... VERY VERY GOOD DAY....MORE POSITIVE STEPS FORWARD FOR IRAQ AND US GETTING BETTER ALL THE TIME GET R DONE The I.Q.D. Team, Ltd.'s News Articles Coverage for Thursday, Feb. 2, 2012 ECONOMY Abtan: Delete the zeros dinar a bold step and its impact will be greater if placed within the plan US DOLLAR NO LONGER OFFERED AT CBI AUCTIONS NOW SOLD THROUGH BANK TELLERS ECONOMY: Central Bank of Iraq closes its weekly session with huge sales drop Hard cash reserves ‘more than $60 billion,’ says Iraqi Central Bank Central Bank to take a new policy to avoid the dinar exchange rate affected by the neighboring countries Central Bank required banks to disclose their customers to get the foreign currency GOVERNMENT MP: al-Alwani, warns of "serious repercussions on the Iraqi economy due to smuggle millions of dollars and big quantities of gold to Syria and Iran Tahir: IS decides the return of its ministers to Cabinet Maliki does not mind Allawi Council strategic policy!! Finance Committee in the House of Representatives seeking to establish a fund to give financial stake of oil imports to the citizen Iraq's Parliament holds its Thursday session with attendance of al-Iraqiya MPs Alwani stresses the need not to pass the budget without the approval of the allocation amounts for each citizen of the oil imports NEWS ARTICLES LINK What a great night of news, analysis and discussion and Q & A ...listen to the call for all the rest of the news shared....we are getting closer every day......GET R DONE
  16. CNN. Broadcasting From The Bar At PF Changs While Reading Our Fortune Cookie. Confucius Say: Don't Drink + Park - Accidents Cause People ! 2-3-2012 Guru Doc We assure all that there is absolutely NO public confirmation that any RV has occurred concerning the dinar at this time. Reality is Iraq is not quite ready. We do know the CBI is ready and is losing patience. We do know from public statements Parliament wants it too. It continues to be held up by the GOI calling for more studies. However, we maintain this to be a stalling tactic. The GOI knows it needs the budget in place and other certain laws passed to support the RV...a recent article quoted an official as saying the budget should be ratified within two weeks. These statements continue to support our opinion of a March timing at the earliest. We report, you decide. 2-3-2012 Guru Mailman17 I WAS...THINKING WHY THE HELL SHABBIBI WOULD FLOOD IRAQ WITH 2 BILLION DOLLARS US? THE DOLLAR THAT LEFT THE CBI...NEVER MADE IT TO THE STREETS AND IMO...AS PLANNED WHERE DID IT END UP?...IRAN AND SYRIA, 2 BILLION US GREENBACKS...AND WHAT DO YOU THINK IRAQ GOT BACK IN EXCHANGE? THEY GAVE IRAQ DINAR...2 TRILLION WORTH...SHABBIB ALONG WITH THE US AND UN WOULD RATHER IRAN HAVE 2 BILLION DOLLARS...THAN 2 TRILLION DINAR POST RV WORTH 2 TRILLIONS DOLLARS US...AND TRADEABLE. THIS PLAY BY SHABS WAS...ABSOLUTELY BRILLIANT...THIS ALSO MIGHT BE THE DELAY AS WELL...THEY HAD TO PLAY THIS OUT AND THAT TOOK TIME...IRAN HAD TO COME TO THEM...NOW HERE COMES THE GOOD PART...[see post 2] 2-3-2012 Guru Mailman17 SHABS DOESNT NEED THE AUCTIONS ANYMORE...THEY SERVED THEIR PURPOSE THE LAST 8 YEARS...AND ESPECIALLY...AT THE END. ALSO...IN THE NEWS....MINISTERS LINING UP FOR APPROVAL...AND NOW I SAW THE BUDGET JUST MIGHT GET DONE THIS WEEK...SHABS HAS WHAT HE NEEDED. THATS MY EPIPHAMY FOR TODAY...THINK ABOUT IT...IMHO...ITS RV TIME. 2-2-2012 Guru Enorrste OKIE has NO sources, period. None of them knows the date or the rate...both CBI and Parliament are ready to do this YESTERDAY...if the GOI does something, expect an RV. If not, look to Shabibi to go solo and pull the trigger. I personally believe it is now very close because of the hemhorraging of dollars from CBI into Iran...They will have to RV to get the dinar up to at least $1 so that they can stop selling dollars on the open market in Iraq...I give it 3 weeks maximum. But then again I could be wrong! LOL.
  17. Let Me Know If They Need Any Help .....
  18. I'll Put On My Steel Toed Clown Dancin' Shoes ! Just In Case If I Have To Kick Out Any Lopsters ! :D
  19. Thx Bro' ! Lol! Agreed ! It's Not My Analysis. It's Mailman's. I Just Posted It But I Agree With U That Its Very Good !
  20. CNN. Broadcasting From Shabbi's Den. He's Measuring Where He's Gonna Mount His Iranian + Syrian Trophy Hides ! mailman17 (19:43:23): EVENING ALL...SPANKY ANY LUCK LOOKING FOR THAT INFO? HELLO....GONNA GIVE A SHORT CHAT...SO PLEASE SIT ON HANDS TIL DONE... QUESTIONS AFTER LETS START I WAS DELIVERING MAIL TO A CEMETARY ON MY ROUTE..THINKING....THINKING...WHY THE HELL SHABBIBI WOULD FLOD IRAQ WITH 2 BILLION DOLLARS US HE PRETTY MUCH DRIED UP WHAT HE NEEDED FROM THE PEOPLE AND YES...THEY DID NEED THE DOLLAR FOR USE..BUT 2 BILL? THEN IT HIT ME THE DOLLAR THAT LEFT THE CBI...NEVER MADE IT TO THE STREETS AND IMO...AS PLANNED WHERE DID IT END UP?......IRAN AND SYRIA 2 BILLION US GREENBACKS AND WHAT DO YOU THINK IRAQ GOT BACK IN EXCHANGE? IRAN MONEY NO OIL?...YEAH RIGHT GOLD?....NOPE ... IRANS SNACTIONS ALONG WITH SYRIA HAVE LEFT THEM STRAPPED HARD FOR SPENDING CURRENCY AS THEIRS IS NO LONGER ACCEPTED ANYWHERE SO...THEY GAVE IRAQ DINAR 2 TRILLION WORTH RIGHT BACK IN SHABBIS VAULT WHERE IT BELONGS NOW....THE BEAUTY OF THIS IS THIS WAS IRANS DEAL... **BLEEP** THEY NEEDED THE DOLLAR MORE THAN THE DINAR SHABBIB ALONG WITH THE US AND UN AND MOST PROBABLY THE REST OF THE WORLD WOULD RATHER IRAN HAVE 2 BILLION DOLLARS....THAN 2 TRILLION DINAR POST RV WORTH 2 TRILLIONS DOLLARS US...AND TRADEABLE THE LAST THING ANYONE NEEDS IS IRAN WITH MONEY TO SPEND ALONG WITH SYRIA I WILL LET YOU GUYS THINK ABOUT THIS FOR AWHILE...LET IT REALLY SINK IN THIS PLAY BY SHABS WAS GEORGEOUS ABSOLUTELY BRILLIANT NOW HERE COMES THE GOOD PART NOW ALL OF A SUDDEN....SHABS DOESNT NEED THE AUCTIONS ANYMORE...THEY SERVED THEIR PURPOSE THE LAST 8 YEARS...AND ESPECIALLY...AT THE END ALSO...IN THE NEWS....MINISTERS LINING UP FOR APPROVAL....AND NOW I SAW THE BUDGET JUST MIGHT GET DONE THIS WEEK...FINGERS CROSSED....INSTEAD OF THE 2 WEEKS A PREVIOUS ARTICLE STATED THIS MORNING irishbrian: Georgeous, is that a Clooneyism MM ? Yep sounds like a real possibilty wonder just how much Dinar they have? mailman17: SHABS HAS WHAT HE NEEDED...AND I DARE SAY...THE GOI JUST MAY HAVE BEEN INVLOVED IN THIS ILLUSION AS WELL NOT ENOUGH TO MAKE A DIFFERENCE ANYMORE WOULD BE MY GUESS irishbrian: GOOD!!! mailman17: THATS MY EPIPHAMY FOR TODAY...THINK ABOUT IT.... DONE Spannster says to (19:55:08): good info GAU-8: Brilliant MM 17 !!! but delivering mail to a cemetary??? 8-| ({) mailman17: HEY..THEY GET MAIL TOO...LOL Riverman: Thanks MM17.. great insight mailman17: NOW..THIS ALSO MIGHT BE THE DELAY ASW WELL...THEY HAD TO PLAY THIS OUT AND THAT TOOK TIME...IRAN HAD TO COME TO THEM irishbrian: You deliveriung mail to dead people no wonder the PO is in trouble!! mailman17: LOL Spannster: so we are just about there mailman17: I THINK SO I KNOW SO Spannster: cool mailman17: IT JUST MAKES SENSE NO ONE WANTS IRAN INVOLVED IN ANY WAY...LET ALONE HOLDING SO MUCH OF IRAQS DINAR ESPECIALLY POST RV Big says to : All I can do is shake my head in wonderment mailman17: OK...DINE=NER CALLING....CHEW ON THAT AWHILE...LET IT SINK IN (several thank you’s) irishbrian: The spirits were talking to you there MM :S mailman17: WE ALSO KNEW THERE WAS A LOT MORE TO THIS THAN WE COULD HAVE EVER IMAGINED...REGARDING LAST MINUTE POWER PLAYS...AND THAT IS ONE**BLEEP** POWER PLAY BBL irishbrian: They can have all my dinar for 2bill also ! mailman17: REMEMBER...THATS 2 TRILL SHABS CAN KNOCK OFF THE M2 AS WELL...FOOD FOR THOUGHT irishbrian: Brilliant idea good thinking batman mailman17: AND IRAQ DOESN’T HAVE TO WORRY ABOUT GETTING ATTACKED WITH THEIR OWN MONEY... I GUESS THE FINAL POINT IS THIS...SHABS DIDNT HAVE TO HAVE 3 WEEKS OF 200 MILL US AUCTIONS....BUT HE DID...AND NOW HES CONTENT....AND THE AUCTIONS, OTHER THAN LITTLE HERE AND A LITTLE THERE NEEDED BY THE REGIONAL BANKS IS ALL YOU WILL SEE....IMHO...ITS RV TIME...
  21. Don't Worry About Dinar Buddy's Comments Dr Nawty. He Is A 'Dumper' (Constantly Telling People To Sell Their Dinar Because Its Not Gonna RV For Years, Etc...). Most People On This Site Have Chosen To Ignore His Posts. But We're Definitely Not Ignoring Ur Posts. Post On Dude ! B)
  22. Lol ! Watch Out For The CNN Crazy Camera Crew ! I'm Sure That They Will Have A Response To This ! Don't Ask Me ! I've Felt That We've Been Close Since Ramadan When We Were Just Waiting For The HCL ! I'm Expecting An Update From Bravo In The Next 24 Hours Or So Since The Superbowl Is This Weekend. He Usually Chimes In With Some Football Talk Along With What Intel That He Can Share. He Has Contacts In Parliament And Was Hopeful For Something By Valentines Day. Obviously Things Can Change (Its Iraq) But They Have Been Making Progress !
  23. CNN. Broadcasting After Discovering A Hole In A Nudist Camp Wall. CNN Is Looking Into This ! 2-2-2012 Guru Med VERY EXCITED...SEEING THE IMMEDIATE CHANGE TO CBI AUCTIONS...I THOUGHT MAYBE THEY WOULD DRAG BUT THEY DIDNT ALSO ONE OF THE ARTICLES...STATED THAT CBI IS MOVING THE DINAR TO A TRADEABLE CURRENCY. THIS IS A HUGE ANNOUNCEMENT. THE MOVE TO NOT SELLING USD WAS HUGE. ALL THIS HAS TO BE PART OF PHASE II AND IS PREPARATION BEFORE THE MAJOR CHANGE IN THE EXCHANGE RATE. THINGS ARE MOVING FASTER THAN I EXPECTED. 2-1-2012 Guru Kaperoni Ok, this is pretty clear. That all the preparations are done. And at some point this year (2012) they expect to start with the new currency and gradually withdrawal by the end of the year. It is my opinion the plan to fully transition to the new currency by the start of 2013. Keep in mind, this does not seem to matter to us. As most of us only care about the introduction of the new currency (and new rate). Which could happen at any time. 2-2-2012 Guru Randy Koonce Let me give my figures so you have the ability to not worry about the Rate...Iraq has an Budget of 90.1 billion. From the Offical UN document Iraq has a total revenue of oil of 26.1 billion. I am using US Dollars. 90.1 divided by 26.1 comes to 3.45 they have to raise their rate to meet the budget...and no, the rate will not come out and sky rocket to the moon. Shabibi said that the rate would be managed. If you do not understand Managed just take the rate now and for the last 24 months or better the rate has been 1170 and until just recently 1160, that is what you call managed. 2-1-2012 Guru Randy Koonce a short note on what to look for, in the papers they have been mentioning the Nation Conference...Well this is an event we need to watch for...there has to be an event to happen to give the Iraqis the ability to announce Ministers...this next week is a very good week for us to see the announcement of the Ministers. Do not believe the rumor about the IMF being able to force the rate that is all rumor. 2-1-2012 Guru Doc The interesting question is how quick is "coming days" and is "raise the value" the full RV? Honestly, no one knows. Remember the progression - budget approval, supporting RV laws approval, RV. Our opinion is this progression still is valid and could take several weeks. However, we maintain the CBI is quickly running out of patience. There have been several articles recently about the CBI studying the value of raising the zeros. Our opinion is this is posturing by the GOI because it hasn't got its act together and basically dropped the ball. We can draw this conclusion because numerous articles in the past year have stated this study has been done and the fact the CBI has in deed submitted draft laws to the GOI. All in all we maintain our opinion of late February to March and are cautiously optimistic of a timer sooner. We report, you decide. 2-1-2012 Guru Med AUCTIONS ARE TWO PARTS, ONE FOR PUTTING LIQUIDITY BACK IN SO THEY CAN CONTROL THE RATE, THE OTHER IS THEY ARE SELLING USD. THE USD VALUE IS THE ACTUAL DINAR BEING SOLD, THE LARGE VALUE IS THE DINAR BEING BOUGHT BACK USING USD TO SWAP IT. FROM WHAT I GATHER CBI IS NOT RUNNING AUCTIONS ANYMORE, SELLING USD FOR DINAR, THAT FROM NOW ON WILL BE THE RESPONSIBILITY OF THE BANKS INSIDE IRAQ. WE HAD GUESSED THAT THE AUCTIONS WOULD STOP. THIS TO ME IS A MAJOR MOVE, IT HAS BEEN A LIFELINE FOR CBI.
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