Stryker365

Stryker, calling for an emergency meeting of the leaders of the blocks ahead of the summit to RV the currency Thanks JNT for the news!!!

I got it, look up..... :P ...no, look back now.....I was pushed to the next page... :lol: ...RV before they push me out....

I thought you'd like that, look, I like it this way too!!!!! Yasiri ; Yota will see significant economic growth after a summit Baghdad...... Yasiri ; All dinarians will see significant economic growth after a summit Baghdad...... Sorry... :lol:

Yasiri: Stryker will see significant economic growth after a summit Baghdad.. Thanks yota, nice article......

You are correct, it is the first of this year.....

WOW....JNT...you have done it, you have brought me one of the article that I have been waiting on. Great Job. Folks hang on, we may have news in a few hours to when they are going to have the National Meeting or just announce what we what to hear....

Yota, this is interesting because it says that the funds are coming out of the 2011 budget if I am reading this right; .The [450] million dollars allocated from the budget in 2011 Kt_khasasat preparations for the Arab summit scheduled for the end of this month in Baghdad. We know by other articles that the GOI has a large surplus from the 2011 budget because they only spent something like 27% of it. Why are they hoarding and not spending the past budget funds, well to answer this question we need to look at how they get paid and that is in USD. Then they need to either spend the USD or convert it to IQD, hence the currency auctions. Well we saw same USD get spent yesterday to the Central Bank of Egypt in the amount of 400 million USD and my comment was that I was glad to see them spending USD and not IQD because why would they spend the IQD when they know it's going up in value. Back to the auctions, the selloff USD daily and buy back IQD, that's how the CBI maintains the artificial rate. But what we don't see is anything getting paid for in IQD only USD, so my question is did the Arab Summit get cancelled because the IQD did not get revalued last year and now that we are a week and a half from the Summit and they are about to put themselves in a corner, are they going to spend the valuable USD for everything or RV and spend the IQD that the CBI has been stock piling for years now to pay for everything. See this is also another reason I think we are seeing last minute power playing going on, there is so much money this country is about to be worth that Maliki and Shabibi are making sure everything is as perfect as things can be and all along people think Maliki is just trying to become a dictator rather than protecting the countries best interest. I also think Allawi has no clue to what they are trying to accomplish along with the rest of the Iraqi List so that is why they are pushing so hard, All along only a handful of people know the truth and rightfully so. I truly believe that Maliki is going to implement Erbil and Chapter VII will be released when Maliki, Shabibi, US, UN, IMF, World Bank and the few that are in the Economic Committee says go to the RV. Quote; Now read this; The Iraqi cabinet has approved the payment of an advance for special requirements of the Arab summit, the value of [100] billion dinars indicating that the government can not make a loan to finance the Arab summit without returning to the House of Representatives. Now why would they need a loan or an advance?.. The answer is that it will be loaned in USD and paid back in revalued IQD in a few days, they don't want to pay for things in USD because they need as much USD as possible until the RV happens. Just a theory but I believe this is a comon sense investment and this make sense to me......

This keeps hanging on my mind like I'm missing something or I haven't explained it all, so let me add this part too and I may at the same time find out if I cover it all this time. See there is so many moving parts to this that it's hard to cover it all the first time; OK we know that they are not going to back the currency strictly on gold and we know by reading this how they got into this mess in the first place but what path are they going to take going forward is the real question that should help us understand our chances of profiting off this. I believe they will take the 50-50 route, backed by assets like hard currency reserves that we keep hearing about and there gold and other assets. Now we know that their assets are protected by the Good Ole USA under the executive order 13303 and they can't have large amounts of money in Iraq until they get out of Chapter VII and have their real full sovereignty or the debt collectors will come get it. While I'm on this subject let me tell you why I think the parliament ask the US to extend order 13303 again when it's not up until May of this year when last year we did not hear about it until right before it expired. I think it's to put pressure on the Saudi's to settle the only debt left on Iraq, see if Saudi thinks this may last for another year they will want to come to the table on a plan to resolve the debt like everyone else has. They know that Iraq could RV just like we do so if they forgive the debt Iraq is in compliance with the framework that the IMF has put on Iraq to RV and Saudi's reserves of IQD will make them more mony than the debt that could take even longer to collect. See we are just following the money, the big money. Back to my theory of what will back the RVed currency. I believe that Iraq has gold and other assets that they have collected for 4000 + years that we hold in safe keeping for them along with the DFI funds and Saddam's confiscated money as well. Some will argue that Iraq can't lie to the IMF & World Bank about their assets and I would agree with them but the fact is what we see is what they all want us and they debtors to see, a worthless currency because of the amount in circulation. When have we really had transparency here in the USA and do we really believe what they are telling us the true here, if we do we would be pretty nieve, IMO. So why would we believe what Iraq would tell us or the CBI? We know that Saddam took everything he wanted and that he fought wars that built up 100 billion USD worth in debt but we also know that he hoarded massive amounts of USD, gold and other national treasures that we still have control over. Heck he was found in a rabbits hole with millions of USD hidden like a coward. Also I believe that the IMF will let a country us future value of GDP to calculate their currencies value as well. If you use this theory you can see how Iraq could RV at a high value so it's fair to say it could come out easy at 1:1.....

GM amhvl, this one will be repeated over and over in the news, see they only have 72 hours to keep recycling it... :lol:

I'm looking for an article or press release that talks about the meeting today and not someone's conspiracy theory of a surprise at the Arab Summit. If they were going to file a non-confidence on Maliki they would have done that in Parliament not wait until the Arab Summit. Thanks for looking newshound but this one is a conspiracy theory IMIO....

Say What?........wow, I was trying to find if this was an educational piece and what I found was it is and it's not. Yes it's educational; how the CBI works and what it does, what happened in Germany after WWII, they are explaining the differences of the 4 monatary system, examples how the currency can be backed, examples of the dallor USD and the dinar IQD compare now and the way it could change as much as 1:1 and what needs to happen and finally the 2 security areas....this is interesting to me; Shabibi in the video last April at the US Chamber of Commerce meeting in D.C. Shabibi said he needed security before he could remove the zero's from circulation. I always thought he meant security in the country but he meant this type of security channels. Read it again below and think about the bond article yesterday. I have not gotten excited yet, I keep my feet on the ground but folks they are trying to get airborn because of what is going on. They are as confused as we are folks, here is the openning statement that the guy makes; Trick new tricks and his occupation to drown the country in the maze is not out of them. and the last statement in the piece; No one knows. This time they wanted to delete the numbers of zeros and keep him, but God does wonder if the day will come delete the numbers of zeros and we have left? Who knows. The reason I say it's not educational, I don't think this is an educational piece that we are looking for, the education that Shabibi is talking about will not happen until after the RV happens. It will tell us all what they have done and how it works, that is why I said what I said. This guy is educating the people on how it works and then telling them he has no idea how it's going to turn out, matter of fact the guy is telling them only God knows if the day will come that they delete the zero's. Wow I have been wondering this too but I believe we are there, and no I'm not trying to say I know more then God but I have been doing a lot of praying.... Here I've broken it down to make it easier to re-read if you want too! There are four systems for the issuance of currency can be summarized as follows: 1)* First system: System Version total gold is a method which restricts the movement of the central bank in the issuance, through the relationship between gold and the issuance of currency for example if he wanted the central bank to issue (1000.000) and the monetary union must have a reserve equal to (1000.000) and the unity of gold, this system can not be applied in any of the countries of the world because of the limited amount of gold. * 2)* System-II: System Version partial: Under this system that the issue of currency is not only by its cover 50% of the cover of a foreign (gold, hard currency) and 50% cover of local intensities and permits a government that's been applied by the Central Bank of Iraq in the eighties. * 3)* Third system: the system maximum: this does not depend on the existence of correlation between the gold cover to the issue of currency, but the State specify a limit to the issue of currency can not be bypassed. 4)* System IV: System Version Free: This is what you do not have the Central Bank of the enrollment or condition means that the issue of currency without a cover and this is what turned him Central Bank of Iraq in the nineties period (embargo) that was imposed upon the time which led to the emergence of inflation because of this system which led to the low purchasing power of the Iraqi dinar so that the large amount of money chasing a small amount of goods means (2000) JD chasing (pen) came up a tremendous crisis in 1996 which led to the deterioration of the situation of the Iraqi market as a whole and although this situation did not resort authorities the financial system to the use of zeros. Central Bank in 2003 and the system zeros Changes have taken place on the new Central Bank of Iraq after 2003 have improved the situation of the Iraqi dinar during this period and especially when the Central Bank replaced the old currency and the issuance of new currency that have had impact in this remarkable growth, and that because it is characterized by several features: * The system zeros can not be applied in any country unless it has improved the conditions of the central bank of that country and the Central Bank does not progress or develop security two channels: Channel One: Increase in financial assets such as increasing the central bank (Balance Gold, foreign currency, bonds and securities) and the balance of the Iraqi Central Bank does not assume coverage of the system if it has been applied to Jralblad to huge debts can not be repaid, even after a long time. Channel Two: is to increase and the evolution of productivity and the growth of industrial progress and it is not only by increasing exports and reducing imports and is known as the production process reluctant or almost nonexistent in the era of occupation and Azayala because of the economic situation is miserable and poor and leave the political side and the loss of security in the Iraqi street All this has been a strong barriers to prevent the industry and an Iraqi national.

That is bad, well it looks like all our deposits are good. I knew I liked the fact that the CBI took them over, let's just hope that our deposits remain in good shape. It's there to find out what it will do once this RV takes place and so it will remain, good or bad. Here is hoping for the good..... I am still waiting on Khoury's friend to go into the bank in case anyone was wondering but I will post what he says once he does. Good post rockhound....thanks

I look at it this way, this is the biggest decision that this country has in front of them, could it be that Maliki is trying to get his way on a few things before things get signed on the dotted line and could the Kurds and Iraqi List be doing that same thing, you bet. We know there is going to be threats back in forth, that's this the way these people operate.

This could be real good, tomorrow there is going to be a meeting to determent what's next as I understand it so this may just be another sign of my favorite word...urgent... Tomorrow should tell us more but don't let this keep anyone from a good night sleep, Sunday should be good IMO. Thanks oleman for throwing a rock in my direction, yota is fast asleep but i would think he would agree with me folks.... We all know what needs done and I really think they know that they are running out of time too and this is them telling each other the same thing... Oh thanks win for the article Don't try to over analyze it, I think it is just one more move in the right direction...

Yeah I understand, also if they were further along with their free market economy it would make me feel better about a high rate but yet if they were, we most likely would not have this chance either. In other words it may need to play out this way to work, a large rate could be determend on future value because of projections....hope that made sense... L has diner ready...got to go....

Copy and past it there, it's that easy...and go back to where you belong... :lol: :lol: ..are you still with out dinar jmw....if so it sucks to be you....go buy some then you'll have a reason to be here. I say this with the upmost respect...well maybe we can leave the respect part out until you buy you some.... :P

Carrello, you're not crazy because if you are I'm right there with you. If you believe like we do that they have been bringing in the dinar and only enough is in circulation to keep the balance of the artifical rate and they have the rest in vaults and safes then the rate can be as much if not even more tha Kuwait's rate. Now it also makes sense that the dinar that is here held by us and also held by speculators in other countries is going to be used for trade back for oil, new countries reserve currency and it never make it back to the CBI than we are right in our thoughts. Now after saying that I can see it coming out like that but we speculate on the speculation that we may be right so it makes sense that we also can be wrong too.... I came into this like many others and still am ok with a small return but believe me you are not being true to yourself if you don't think there is that possibility that it could come in crazy like us...

I have seen this and other economist state this same thing several times in the last several months. We've heard other article refer to the 30 trillion in circulation needing reduced to as much as 15 billion dinars. The fact is we can't believe any of the CBI financials so the economist are just going by what they have heard or seen just like the lopsters believe. Remember it's lopster weekend... :lol: ..seriously, they are using the 30 billion amount now because the math makes it easier to believe the lop theory...30 trillion to 30 biliion...see 000's lop makes you believe that this is what their going to do.... Listen when i use the word lopster, it is meant for those that only see it as a lop, not the ones like keep or the others that believe the CBI financials but hope for the best so don't think I'm pointing fingers because we all know I tell it like it is. That's why not all of you like me, and I'm ok with that... ...you can't please all the people all the time... :lol: ..I got to watch these outburst the dogs are starting to talk...

The zeros are the currency being taken out of circulation burnt and the ashes being thrown out the window, just to clarify, You should have done that when I was singing my verse..... :lol: ... ..it happens NP...

yota, I got this verse...... Make it fast, make it urgent Do it quick, do it urgent Gotta rush, make it urgent Want it quick Urgent, urgent, emergency Urgent, urgent, emergency Urgent, urgent, emergency Urgent, urgent, emergency So urgent, emergency Emer... emer... emer... Its urgent Good thing you people can't hear me sing this part, my 32 year old daughter told me when she was 6 that the only time I need to be singing was at 80 mhp in a car with the windows up by myself.... ...she was right tho, lord gave me 000 talent for singing....see there goes those zero's...right out the window... :lol: ...tuck-n-roll you damn zero's...

We will see what they say tomorrow...... In terms of the National Congress declared a member of the Preparatory Committee Ammar Tohme, that the Tripartite Commission will be held on Sunday, meeting for the preparation of the agenda of the National Congress. The rest is just talk at this point but this is telling... It was agreed to implement the rest of the items Convention on the Erbil that have not been implemented and be the first item to the terms of a working paper of the Conference urgently, urgency are both derivatives of my new favorite word urgent and it sure seems that this is what they have right now........ Here's a little Foreigner for your listening pleasure;

Yeah I believe you too Footer, sorry I accused you but it must have been coincidence that I saw you at the bottom of the screen every time a notice a neg show up or one + go away when I went back to read someones post concerning one of mine. Carrello has a - stalker so that has made me more aware of it, I did not mean for all this to take place, I took the evening off to spend some quality time with my wife and never knew I would have started all this, sorry folks... You know what's funny is that we haven't had an encounter in a long time so I thought it was funny that you would be the one. I've promised the mods that I would use my ignore button as well but because of the way you have stated your case i will not need to on you. Thanks for the PM and I hope you except my apology, i know we don't see eye to eye on this investment but heck I get along with a lot of democrats and we don't see eye to eye on our political issues either..... All I really care about is that we all see an RV of some kind, something good needs to come out of this crappy economy because a lot of us have lost our business, jobs or both in the last year. Well I meant this to be posted to Footers post but zig's works too....hope you see this Footer...

Nice yota, keep them coming brother, Stryker is liking what I'm reading today my friends.... .. Since the project’s inception, more than 98 percent of clients have repaid their loans....wow, that's a high percentage.. This is the private sector that needs to grow.... Oil, Agriculture and the private sector and you have a free market system all pulling their weight.... Small businesses makes up for one of the largest percentages to a country's GDP Future Value can be used in determining a countries value as I understand it... Accession to the World Trade Organization is critical to bringing Iraq into the mainstream of international trade. USAID/Tijara builds the Government of Iraq’s capacity to develop and enact trade policies that meet international standards and treaty obligations. The program implements the recommendations in the Investor Roadmap of Iraq to undertake policy and administrative reforms to strengthen the business and investment environment, and improve Iraq’s standing in the World Bank’s Ease of Doing Business survey. Exactly what is in the 2010 briefinng to becoming a leading economy in the ME.... Chapter VII and Accession to the World Trade Organization .......go hand in hand....

Folks this was what I was on the phone about with another dinar investor, here is my intel.. .. The minister said Commissioner Amr Roshdy that Minister Zebari said in a telephone conversation that the Iraqi government starting from Thursday to transfer the amount of $ 408 million and 37 thousand dollars to the account of Central Bank of Egypt in order to pay the value of remittances yellow and implementation of the agreement signed by the two foreign ministers last week, which will benefit approximately 670 thousand Egyptian citizen finds Msthakthm payment to Iraq for more than twenty years. Thursday to transfer the amount of $ 408 million and 37 thousand dollars to the account of Central Bank of Egypt ....... this tells me that they are paying agreements in USD and not in IQD which is great for us investors because they don't want to spend IQD. Because it is going up in value urgently, that's my favorite word now... urgent...urgently.... GM Carrello, you're funny + 100....all i want is 1:1 and we can all jump on our new camels, really I'm buying a camel after all this.....really......while maybe not.....

Sorry, I was on the phone getting intel, .......not from a guru but intel from an article, I'll get back to that in a few. DEESEAN, this article is more confusing than my teenage kids but this one statement sticks out at me, the one I posted above. See I think Maliki and his delegation was in Kuwait to sign an agreement and here is a sign that it may have been the case, why else did the trip only take a day and I don't believe a dust storm was the cause. It was because it only took a day, remember that Ki-moon was going to be going back in forth from the borders of demarcation areas to Kuwait until this thing was figured out, yota could probably find the article! Anyway Maliki came back and the rest stayed to finish up IMO. This article is telling us that an agreement was signed;...signed a protocol to cancel Iraq's debt to Kuwait Maliki goes home, while delegation and Ki-moon gets the rest done, remember the delegation was also there a week before the visit..... getting prepped. Now this article here is saying the rest will be worked out at the Arab Summit......what else is left except an announcement and both Chapter VII and the agreement go hand and hand...IMO Ki-moon is helping resolve the issues and he will be at the Summit as while...see Mar 7, 2012 – Iraq's top diplomat says United Nations chief Ban Ki-moon will attend the annual Arab League summit meeting scheduled for later this month in