Stryker365

March 20, 2012

Wow..... I like this article, it is reveling and should explain that there is more than one way to interpret the words they use when talking about the zeros, BTW these people are doing a study and IMO not in the know, I believe the GOI just wanted these people to do the research to make sure they are doing the right thing. That is why it is open ended but to me it puts the pieces together as they explain the differences and where they are in the process...

"The project to delete the zeros of the Iraqi currency - the vision of reality"....reality, meaning the talk is about to stop, action now...

This next statement uses my new favorite word...urgent....and I think everyone is urgent to get this done...

the adoption of the deletion of three zeros from the national currency is an urgent need and necessary.

The concept of lifting of the zeroes ....the following tells me that there is more than one way to interprete the way these are meant to mean...... the one that we want and that has taken place IMO according to the article yesterday was the same as Shabibi uses when he talks about this and that is the removal of the zeros....by removing or deleting zeros or numbers of the old national currency...numbers IMO means numbers of what is removed from circulation, I'll explain more as you read....

Raise zeros or lifiting of the zeros Rename or delete the zeros or removing for delete zeros Are terms that refer to actions that would improve the situation of the national currency, by removing or deleting zeros or numbers of the old national currency, for various reasons are different countries.

This next part is IMO already taken care of, they needed to get the in-country currency in circulation down to 30 billion dinar and according to the article yesterday it looks like they have already done this and will start taking the remainder out as soon as they announce the RV and exchanging the new for the old. See the dinar that is held outside the country is going to be used for the following; dinar for oil as we have read in an article a few days ago, traded between countries paying off debt or reserve currency.

At the horizontal level: Delete the three zeroes Leads to convert 30 trillion dinars to 30 billion dinars by deleting three zeros from the currency and replace the current in order to facilitate the process of dealing arithmetic

I just love this part....

Researcher pointed out that the process of changing the currency to achieve the following benefits

1 - Strengthen the confidence of the code symbols of national sovereignty of the country

2 - Enhancing confidence in national currency, the citizen

3 - Facilitate trade within the country

4 - Re-use coins

I see this as being true because you are about to RV...

The expected positive effects of the process of changing the currency

This says they are ready and have everything they need....

It is an important step to reform the monetary and currency management system reform, as well as enhance the confidence of the citizen and investor in the national economy, especially with the continued effectiveness of monetary policy, as well as from the positive effects of the process of changing the currency is to end the phenomenon of the state in daily transactions, and the introduction of modern techniques in daily dealings

March 20, 2012

This was a very interesting thread. Thanks to all who contributed. With regards to their neighbor Iran please remember they are being removed from the Swift banking system which I believe if memory serves was yesterday. Their neighbor has no access to any type of global banking, can't transfer money, do credit card transactions or see currency rates etc. This may explain the urgency to get this done IMHO.

Avarvets, did you read the one about the borders closing for three days......?

Yeah and the SWIFT action took place Saturday the 17th, you just got to love all that's going on brother....

March 20, 2012

On Iraq's exit from Chapter VII of the UN Charter, Ambassador Al-Otaibi said Kuwait "is not and will not be an obstacle against Iraq's exit from Chapter VII of the Charter." This issue, he added, "is in the hand of Iraq itself and is linked with its compliance with its obligations in the relevant Security Council resolutions, and it is the Security Council not Kuwait that decides on Iraq's exist from Chapter VII." Kuwait has always been clear that "we will do our best to help Iraq honor its obligations as soon as possible," said Al-Otaibi in reference to the compliance with UN resolutions related to the defunct baathist regime's 1990-91 invasion and occupation of the State of Kuwait.

Nice news article jonjon,

I like this part too......

Ban, who embarked today on an Asian tour, is scheduled to leave Kuwait for Iraq on March 29 to attend the Arab Summit in Baghdad.

It's funny how he is leaving on an Asian tour but then he will be leaving Kuwait on March 29 heading to the Summit. I wonder why he would make it a point to be in Kuwait right before he is scheduled to speak at the Summit, I read that speaking part somewhere else folks.....interesting....

March 20, 2012

Ohhhhhhh Stryker..... ( I was going to go with Strikie Poo,..but we don't know each other well enough for that yet )......Dear one..... if you read the very first sentence of the article you'll note that Martin Kobler is the....wait......wait for it...... wait..... "

The Representative of the Secretary-General of the United Nations

Secretary-General of the UN is....wait.... wait for it......wait.....

Ban Ki-moon of South Korea

I think the article is present perfect... and extends into the future (after summit) And I'm pretty much with you thinking that if Chapter 7=No, then cash out in anyplace other than Iraq=no.....However, if I'm a banker who sees that the IQD is now 3:1, I may cash ya'll out on speculation.... We can buy and sell now in the US (or where ever.)... so why not continue that practice.....Leaving me in the same place of.....hummmm who knows, wth... too big for my brain....

BTW Stryker, you kind of do look like one of my old Drill Sgt, at the Academy, cept mine wore all blue.... we were the casual crew sitting off to the left in lawn chairs sipping pina coladas, with those little paper umbrellas shading our ice cubes..... until it was time to go jump in the plane and take out entire compounds to keep em off your tails.... Salude

and thanks for the feedback/thoughts

Well I don't see your point but it really doesn't matter if it's Kobler, Ki-moon or both that visit all three places 100 times back in forth as long as it gets done and VII is released. I do think that when the RV happens it will all go down either at the same time or announced within a reasonable time period of each other. With the Defense Minister announcement coming and all the other great news we should see the RV this week, I could be wrong and it happens next week but with the Summit starting a week from today I don't see it being announced during the Summit myself but heck I could be wrong about the whole thing.......hell I'm just the ole Drill Sgt. counting on you to keep'em off my tail...

Shabibi and Maliki, get this done boys I've got to drink some of those "Pina Coladas" my boys are drinking...

March 20, 2012

I am not one for spreading rumors but I have heard from a currency dealer who is a friend on FB say that the LD's are printed....he does NOT have any but he says he is sure they ARE printed........I personally have no clue but I have never caught him in a lie so I am leaning towards believing him........please don't start negging me, this is just what I've seen him post, I am not claiming its a fact.

You know we have never meet but I can tell you right now we are going to get along like family bamagirl.....

Thanks for sharing.....

High five Stryker I think you did an excellent job explaining the ends and outs to this investment in but a few paragraphs.

Thanks zig.....and high five back atcha dude...

March 20, 2012

Stryker, I do more reading than posting, but I wanted to say I appreciate the thoughts that you Carrello, Yota, and yes Keep put into this speculative rollercoaster. I have been invested for a long time and have accumulated plenty of IQD. I too feel we are very close and will not be surprised if they move sooner than later. They have laid the ground work for people to watch for September but we have seen a slip up that leads one to even think May. Now with a bank holiday on Thurday, and commercial travel restricted for three days starting today, coupled with statements of important change with Kurds region and U.N working towards the release of Chpt 7 due to the demarkation of borders with Kuwait, Ratification of the Budget, and Arab summit in two weeks. I agree with you 100% we may see a move this week. Cheers to all you bring daily here on DV.

idplzr,

Thank you and I just read the closing of the borders article that made me do this.. ..what are these people finally doing to us.

They drag their feet for years, our troops leave two weeks early, things start looking like they are about to take shape and then all hell breaks loose. We wake up to see them about to start a Civil War, killing each other every day I start wondering like other if this will ever see the light of day. And now the news keeps coming without conviction, everyone decides to get along making signs of life in this new democracy. All we can do now is watch as the invited guest start sending their delecations today for what is looking like the biggest game changer of all times.

It is great to see so many nice and deserving folks in this investment, here's hoping for all of us.....

March 20, 2012

Actually,we are about to have a big storm come thru, so knowing about where he lives I'm betting he's hunkering down.

We are hunkering down......with the meet we are about to start cook'in... :lol: :lol: :lol: :unsure: ...it is dark out here... ...

...this thread is taking me so long to get throw....because my phone keeps ringing.....everyone whats to know the same thing...

.......................................are this guys coming to the party......and are we really here.................

..I say YES & YES and hang up.......the problem is I think the last one was my mom, I better call her back and explain....

March 19, 2012

JNT...Trinity. Simply put: BLOCKBUSTER NEWS! Stryker...think these 2 earned an extra slab of Texas ribs?

amhvl, they can have as much as they want after this......

March 19, 2012

remember that they rolled two into one. this was last we heard though and it is iraq. but as far as the knowledge they gave us in the articles, two of the defense positions were rolled into one. so after two ministers are seated, we have a completed goi.

You are correct Trinity.....

truthful, jnt is right. the defense was not for maliki to decide. according to the accord agreement (erbil agreement), it was agreed that allawi would assume a new role as head of the ncsp and security would fall under the jurisdiction of this position. this is why the article says that the iraqiya bloc (allawi's crew) submitted their candidate. defense is reserved for allawi to control, not maliki. up until this point the position was held by proxy as a temporary holder until erbil was completed. once the power sharing agreement of erbil is completed, allawi takes his seat in government and immediately seats his defense.

we are standing at the door of the new iraq.

Yes we are my friend....yes we are.....good job Trinity......

March 19, 2012

i respect your argument my friend and see your point. shabibi CAN rv anytime he gets ready but the timing makes all the difference in the world. if the currency is rv'd under a dictatoral government instead of a democratic government, the value of the currency will be to the dictator. the imf is opposed to this. the type of government in place when it rv's is just as important as the rv. shabibi will not rv the currency until a proper government is seated. the last component to this government being properly seated is 1) erbil (power sharing) 2) defense . the defense comes under the authority and power of ncsp which is reserved for allawi. once we see the defense ministers seated, we have a fully completed goi.

my friend this means EVERYTHING.

Trinity,

...that is exactly what Shabibi wants, a full seated GOI by the NCSP formation (power sharing) before he releases the RV.

....budget will be ratified and posted in the Gazette this week....

....the remaining Erbil agreement issues are ready to be implemented....

....and Chapter VII needs released before the currency can go international...

....international currency means Iraq will become a full member of the World Trade Organization....

....WTO means that Iraq becomes a free market economy.....

....all of this has made the IMF happy.....

....and that is why I know all the above will get done and we can all eat BBQ and enjoy our new fellowship...

.....cause I think the RV will take place this week........bada bing....

....Shabibi, get this done so I'm not wrong....

March 19, 2012

Another Newbie here!

I am still unclear as to what it will mean for us if they drop the zeros? will my $25,000 bills now be worth only $25 or $2,500?

I wish i understood this better, the more I read the more confused I seem to get.

I am really grateful to this site and to all of you who really do understand and do your best to explain to those of us who just don't.

I am not a large investor (only $1,250,000.00) but for me it was a big deal. I listened to Adam when he said "only invest what you can afford to lose" and I think i made a good decision to invest. Now I just want to understand what the currency revalue means to us.

Thanks for any assistance!

Lorayne

That is the 25 trillion dinar question LHam....

In these article it seems that they are saying that they have been removing the zero currency from circulation and it is done, hence the word "successful"..as in this statement...describing the project to delete the three zeroes from the currency as "successful" and the time specified ideal for replacing them....the replacing them meaning with the new currency the say is being printed, according to this article. This also reduces the amount of the 25 trillion dinars they say that is outside the CBI or in circulation, make it possible to make a nice return on our investment.

And when I say done I mean done for now because when they do announce the change in the exchange rate (RV) then they will continue removing what is left in circulation in the country.

This is the way I understand this article to mean but I like others believe that this is possible and how it could work thus we could see a big profit.

Now there are others that say the that zeros will be deleted like has been done in other countries like Turkey where six zeros were deleted, in this event the 25,000 will become 25 dinars and a neutral process will occur...we make no money and may lose because of the spread and exchange rate, this is called a lop. Or they can lop and then RV to let's say a dollar, well then we will make a small profit. They could lop two zeros and RV, see they could do several things and the answer is we just don't know.

But what we are doing is researching to understand the possibilities that could happen....good thing is that you are new and do not have to put up with all the up and downs that this investment has had for a lot of us, in other words you are one of the lucky ones......we are just about over with this right IMO....

March 19, 2012

Carrello,

I too believe the currency is printed but let's say it's not for the sake of this article and they now say they have (4) companies printing now because the process is speeding up as far as trading the new with the old. See when they have told us/them that it would take two years for the two currencies to co-exist...that told me that it would take two years to slowly exchange as the old would cycle thru the normal trail. But now everything seems to be urgent (my favorite word you know), could it be they want it cycled faster for some reason and need all the currency printed now. In a normal cycle like here in the states they are always printing and destroying old bills but in a country like Iraq they may want to speed up the process to maybe 6 months. This could be because they what to de-dollarize faster, that would get the citizens to come in and open accounts, getting educated, handed smart cards and electronic phone banking set up all at the same time.

I really beginning to believe that our dinar that we speculators hold all over the world (in the countries that liberated them anyway and are allowed to own the dinar) will never see the Iraq borders ever again, this dinar is the dinar that will be reserve holdings, traded back for discounted oil and used to pay down deficits all electronically. BTW if you want to make some money on this the way I do you need to know that all this is possible as while. If you don't than you than are the ones that think it will be a long slow rise in the rate over time, which there is nothing wrong with that theory but I sure like mine better though.

You know if you look at it the way this guy is telling the story here it then tells you that this makes sense; Shabibi said that he was ready to start deleting the zeros June 22, 2011. Go back a few days later and Maliki and Shabibi had a meeting in where Shabibi tells Maliki that he has the tools to start the project.

You know this folks, every one of my buddies thought we were going to see the RV but now I know that he was saying just this, the project started then...

You know I would really be surprised if we made it through this week with out seeing a change in the rate but then again we are talking about Iraq...

March 19, 2012

Stryker, thank you for the post. You have been very positive and thorough, as usual.

Two situations would make me think that the currency had been printed: timing and logistical security. IMO when the government rolls out the RV, they want their new currency to be a part of it. Why buy a new car to go to the party to make a splash, if you don't have the car yet. How many times has it been said that the new currency will be a symbol of their sovereignty.

Stryker, thank you for the post. You have been very positive and thorough, as usual.

Two situations would make me think that the currency had been printed: timing and logistical security. IMO when the government rolls out the RV, they want their new currency to be a part of it. Why buy a new car to go to the party to make a splash, if you don't have the car yet. How many times has it been said that the new currency will be a symbol of their sovereignty.

Your welcome Carrello

Just kidding, here lately I've seen a few double post... :lol: :lol: :lol: :unsure: ...it sure seems to me that for some reason this article is very spacific....I hope Mahma Khalil is right and he knows what his talking about because if he does we are here Carrello...

March 19, 2012

Markinsa, I thought your post needed a Stryker breakdown, I hope you don't mind....

A member of the Economic Commission deputy /

Kurdistan Alliance bloc / Mahma Khalil, ….he is a deputy and a member of theKurdistan Alliance, I’m not a 100% sure but it would stand to bet that this guybelongs to the 10 person group that makes up the decision makers, trooper foundvideos that I had translated of press releases showing them coming out ofmeetings that included Shabibi…..

….all contracted the Iraqi Central Bankwith (4) known international companies for the printing of new currency for theprinting of the new national currency…..now why would they contract (4) companies toprint the (3) language currency if it was not coming out until September, theanswer is they wouldn’t, the only reason they would need (4) companies is thatthey need it printed fast. Also we need to remember that there was an articlethat stated that the CBI said that the layout of the currency would be of historicalimages, designed and ready to be printed I believe……

…this nextpart is unbelievable IMO….after youdelete the zeros of which, describing the project to delete the threezeroes from the currency as "successful" and the time specified ideal for replacing them.. can you say ready to RV….

after you delete the zeros of which,…ofwhich….

…"successful"…..is he saying that they have taken some of the3 zero currency out of circulation and it is successful meaning done, that’sthe way it is reading. I know some of you are going to say Stryker is readingthings into this but folks go read it all together…….. it is being pretty specificIMO.

…the time specified ideal forreplacing them…rightbefore the Arab Summit would really be the specified ideal time to announcethis IMO and the Economics Committee said the next time you will hear from uswould be when we are ready to implement the project. Again read this alltogether so not to take my word for this.

Khalil said (of the Agency news) onSunday: The project to delete the three zeroes from the local currency is oneof the important projects and at all levels, whether economic or securityfor the country, pointing out that the program issue by the Central Banka good time to replace the currency ideal, which will be early next year…..OKI’m taking this one down some more because it’s very important….

..economic or security for the country…Shabibi had said he needs the right time economicallyand the right time in the security areas…..

….pointing out that the program issue by theCentral Bank a good time to replace the currency ideal…so herethey just said that the CBI which is Shabibi… feels that it is ideal timing…

which will be early next year….we already know that this… early next year… means this year…..likein NOW…

BTW whencountries and companies when speaking of early part of a year they are talkingabout the first quarter of the year as the first of the year….the end of Marchis the end of the first quarter and the first of a year IMO….think about it…OKmoving on..

He pointed out: that the central bank hascontracted with (4) well-known international companies, and solid in the fieldof international currency printing, without giving their names ornationalities, saying: The time is still too early to announce thenationalities of those companies….I don’t think you would announce the companies that areprinting the money until it’s done and even then you may never say who printedit unless it’s in the bylaws that a country discloses this type of info…

Khalil added: that the new currency willbe a high specification and have the properties of security is very high is notas easy to be forged, in addition to the federal government has (25) a devicewith allergic high and marked new currency counterfeit of good as well as import(25) other devices by the central bank to detect counterfeit currency, callingfor attribution and support this project because it will reform the Iraqicurrency by reducing the moneysupply raised in the local markets….understandable because the others justwasn’t enough as they have said the are having counterfeit problems....

The Attorney-Khalil: The new currencywill consist of the categories (1, 2, 5, 10, 25 and 50, 100, 200) dinars, aswell as smallmetal groups (50 and 250) fils…..I think they better give it some valuefirst….

As revealed deputy governor of theCentral Bank of the appearance of Mohammed in favor of the existence of safetyproperties of high-tech and scientifically advanced in the new Iraqi currencyafter deletion of zeros of the three of them. ….not much to say, self-explained…

Saleh said in an earlier statement (ofthe Agency news): The Central Bank of Iraq has reached advanced stages ofpreparations logistical task for the project to delete the three zeroes fromthe Iraqi currency, and after obtaining approval from the federal government toimplement it will be working on a larger scale as a project is a strategicinterest to the general public Iraq. …this to me means they are ready…

The Central Bank of Iraq has reached advancedstages…you can’tget any more ready than the advancedstages, advanced meaning to do it…it’s pretty clear to me anyway..

…of preparations logistical task for theproject to delete the three zeroes from the Iraqi currency…does it sound like they are going to wait toSeptember if they have reached the advance stages…..not to me.

Now it ismy opinion that by reading this that they have deleted what (3) zero currencythey wanted too out of circulation and are ready to replace what they have leftin circulation with the new (3) language currency…..they have (4) companiesprinting or have they already been printed, my gut feeling is they have alreadyprinted the currency and we are about to see it unfold…anyway I enjoyed thatbreakdown except it my figure hurts… :angry: ..just kidding.. ..

March 19, 2012

I will wait for your New York Times Best Seller book to hit the shelves early 2013!

:lol: :lol: :lol:

Well I better go back as far as DV lets me and copy all my post because after all this my mind may just explode...

March 19, 2012

March 8th was the day on this. 15 days to act which means they have to post no later then Thursday, Friday is 23 March 2012 That is this week Folks we wait!!

Thanks yota, I was just thinking of this article last night, ...strange that we are starting to think alike dude.....+ for you.

March 19, 2012

The Representative of the Secretary-General of the United Nations in Iraq Martin Kobler that the international organization working to remove Iraq from Chapter VII of the Charter of the United Nations.

Kuebler said in a press conference held with the hopes of religion cat governor of Karbala on Monday: "The main concern for Iraqis is coming up fast from Chapter VII of the United Nations. This concerns the relationship with Kuwait and there is a historical problem with this topic"

He said he visited Kuwait and will next week visit to the border area in terms of Iraq, and then waiting for him Mataatmkhadd the results of the Arab summit and speak again with Iraqi officials and back again to visit Kuwait.

Kubler and stressed that: "that it depends very much on increasing mutual trust between the two countries."

He said: "There is an impression that we are moving in the right way and there are signs of a solution in relation to compensation and Alhaddoodwamufcoden. All of these files must be dealt with."

The Kubler arrived in Karbala on Monday morning and met with Mohammed al-Musawi head of the provincial council and the number of Security Council members then went to the building of the province and met with the governor hopes of religion in the presence of cat Director, Office of UNAMI in Karbala on the Commune.

http://alrayy.com

I think this is last weeks news Rayzur because of the going to visit the border area, Iraq officials and Kuwait officials comments but at the same time I thought the article I read talked about Ki-moon being the one that was going to visit the border markings then go to Kuwait, back to Baghdad.

will next week visit to the border area in terms of Iraq,

speak again with Iraqi officials and back again to visit Kuwait.

Interesting that this one talks about it being Martin Kobler and not Ki-moon, I really don't think both would be doing this so I don't see this article being correct or the writer doesn't have is facts straight.

If they RV and Chapter VII is not lifted yet can cash-n only happen in Iraq?

That's a good question but I would say the answer is no. We may not be able to go to a bank but brokers will be able to cash you in IMO, but I would watch their rates of exchange and spread tho. Can they go international with their currency before Chapter VII is officially released and the answer IMO would be no but I just have a feeling that if RV happens there most likely is an exciption to the release of Chapter VII that we just don't know about.

Interesting article.....

March 19, 2012

The citizens would have no impact on the Arab Summit when the RV takes place before the Summit.

the summit is about countries , investors and companies building relationships thru trust.......

...what better way of showing the Arab Community to have trust in Iraq then a revaluation of the Iraq Dinar.....

...the citizens doing banking will not have any affect on what goes on in the summit.....

...that is why Shabibi says education will play a big part in the project....

March 19, 2012

Kurdish sources reveal that a strategic decision fateful high importance will be announced soon!!

03/17/2012

www.basraelc.com

According to Kurdish sources familiar with the strategic decision fateful high importance will be announced soon, and was President of Kurdistan, "Massoud Barzani," He implied that the good news waiting for the Kurdish people.

The sources declined to disclose the type of decision and action will be taken and announced or implemented in the immediate period ahead.

The sources described the decision as fateful for the Kurdish people and Kurdish will be the focus of relief and satisfaction.

The sources close to the same measure, expected that will match with what he was looking forward to him the Kurds in the framework of his constitutional rights and the legitimate national However, she indicated that the measures may be preliminary only and may take some time to complete the implementation of this project.

Folks,

This to me says that all of the Erbil Agreements are ready to be announced and the implemented but will take time to get fully completed.

Example; HCL will be easy but Article 140 takes time to make sure the right families get paid and all damages are covered as well.

We just keep finding pieces to the puzzle and that is because these people like to talk, good or bad and that's also why we should see this before the Arab Summit. They like to brag on themselves as much as they like to argue....

Nice find Carrello, I have been wanting to post on this ever since I read it but kept getting interupted....+ for you nice lady..

March 18, 2012

Well.... I posted this late last night; or should I say early this am and after reading it twice (that was all I could take) I didn't know whether to post it here or in Opinions and Perspectives or in the Rumors section. Thanks everyone for contributing!

Thanks Stryker for your deep insight into this article. I was hoping you'd chime in.

Yota.... no harm, no foul on the post stepping.... I'm glad you brought more to the banquet/buffet table. I'm stuffed!

Don't feel bad I had to read it over and over before I thought it was worth breaking down, I spent more time on this one then any of the others so far....but I think it was worth it.....

March 18, 2012

Thank you Yota and Stryker I have got more from you 2 on this investment then anyone else.

My pleasure Iownay83.....

March 18, 2012

Very positive article, thanks for posing Markinsa.

This should put the Warka doom and gloom posts to rest now.

I agree Goldie....

Thanks Markinsa.....

+'s for the both of you....

March 18, 2012

Yes, but you are very happily married. tsk tsk

My brother will be here.....here he is...

His name is Randy...

March 18, 2012

If Stryker looks like that, I ain't going to the BBQ.

That's me getting tired of waiting on them to pull the trigger....

Here I am after the RV and getting ready for the BBQ...

:lol: :lol: :lol: :lol: :unsure:

March 18, 2012

What took you so long? Stryker has ordered it and now it will be. Prepare for cash in and BBQ.

I'm thinking about e-mailing this to Shabibi.....what do you think?

I've been trying to save this as my avatar, I guess I need to ask my 6 year old how do do it because i can't seem to figure it out. :angry:

You think it fits me?

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