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  1. As of 3:03 PM EDT 9-24-2018 Newshound/Intel Guru Mnt Goat "OCTOBER 3RD SET OF THE NEXT PARLIAMENTARY MEETING" (will they wait that long?) According to Article 72 of the Constitution the constitutional period for the election of the President of the Republic will be within one month of the first session of the current parliament which was held on 3 September. This brings us to October 3rd as the final cutoff date to elect these last two positions of president (and his 3 deputies) and prime minister. Just recently they told us in an article that they intend to extent this process out right up until the deadline of October 3rd, the date of a meeting of parliament when they intend to conduct these elections...(post 1 of 2....see following)... 9-24-2018 Newshound/Intel Guru Mnt Goat Oh – but wait a second later on Sunday an agenda came out for the next session and it was scheduled for Sept 25. The agenda did NOT include electing a new president or prime minister so I am guessing this will be held off until the Oct 3rd meeting. ...Then came this article on early Monday Sept 24th: "The last date for the election of the new president is on October 10 next, according to the constitutional timing,” said Harb, for “Iraq’s News”. ...So as the election saga continues…We are reading many articles now from the news media about the timing of the voting on the new president. It is very confusing as the article are conflicting each other. So what will they actually do? We also know that the selections of candidates for these remaining positions is underway. Any candidate will need at least 220 votes to win any votes in parliament....(post 2 of 2)... 9-24-2018 Intel Guru RayRen98 From Sunday...Iraqi TV reporting that all parties are saying that they agree on Saleh as the next president and will vote for him on Tuesday. They are also reportedly stating that Abadi is the Best Candidate for the position of Prime Minister... 9-24-2018 Newshound/Intel Guru David M. Witty In Iraqi election news, leader in Sairoon coalition: None of the political coalitions & alliances have decided on a candidate for PM. What is being circulated in the press should not be focused on.
  2. 9-23-2018 Newshound Currency365 Iraq has until Oct 10th to pick the President but lets see if they do it early if so we should see the Prime minister picked in October/November...Sadr and others in a meeting tonight about Reforms and Reconstruction. 9-23-2018 Newshound Guru Don961 Article: "Private banks see the appropriate time to launch the initiative "trillion dinars" imo... sounds like it's time for the banks to be real banks and make money by doing traditional loans and providing other services ... instead of just making easy money on the spread from what they bought usd for in the currency auction ... and what they got in the street market ... there was no need to work so hard when all they needed to do was be a money-changer and resell the usd for big profits ...those days of high spreads are ended with 2% compliance ... and the pending closure/reduction of that auction window ... bringing that true value back to the iqd can't hurt either. 9-23-2018 Intel Guru Frank26 ...There are still more days in this month so lets see what happens...if we go into next month, we go into next month...will you join me in our study. I believe there are many things behind the scenes to release the Monetary Reform of the Iraqi dinar. ...Very important right now is the BIS...the BIS is working, I believe, with the GOI for Monetary Reform...I think that's significant for them to come in at this stage. IMO, the WTO is doing the same thing right now. We should look at what the BIS and WTO is doing with the government of Iraq because IMO the Central Bank of Iraq has already done what it needs to do with the fab 4. It's interesting to see the BIS came in NOW. ...I told you IMO, there is a date for the reinstatement of the Iraqi dinar...IMO, if that date is getting closer, then so should the BIS. 9-23-2018 Intel Guru Jester [It seems it is a timing thing and when it gets here it will get here.] ... IT IS...AND I DO BELIEVE THE CLOCK IS TICKING... THERE ARE THINGS HAPPENING...THE GUYS ON MY END ARE HIGHLY EXPECTANT... BUT THERE AGAIN NO ONE CAN GIVE ME ANY PROOF... THEY DO NOT GIVE DATES OR RATES EITHER... IF THEY DID THIS WOULD BE EASIER... HAHAHHAH... [I remember they said it would be done well before election day.] ...NO THAT IS NOT WHAT THEY SAID... THEY SAID THAT DOESN'T HAVE ANYTHING TO DO WITH IT.... BUT THEY THOUGHT IT MIGHT BE DONE PRIOR TO THAT... 9-23-2018 Newshound Guru chattels Article: "Dawa leaders meet in first step towards Maliki-Abadi reconciliation..." No final reconciliation agreement has been announced yet, however. 9-23-2018 Intel Guru Frank26 ...I suppose the most important thing I want you to remember...is that there is a date...I may not know it...But stop and think about this...Entities know it...
  3. 9-22-2018 Newshound Guru Don961 ...not much news of significance being reported ... yet ... does not mean that nothing is going on beyond the articles ... standing by ... imo 9-22-2018 Newshound Guru Currency365 Kurdish forces agree on Barham Saleh as the only candidate for the president...Source of the Dawa Party: a clear nomination for Abadi as prime minister for a second term...USA pulling strings again lol and will continue until there is a break in the system. 9-22-2018 Newshound/Intel Guru Mnt Goat The news these last couple days is short. Right now Iraq is at a standstill again in trying to find prime minister candidates. This is the hold up right now. They have not yet set a date for the next parliament meeting to elect the next president and prime minister. We wait for news. 9-22-2018 Intel Guru Footforward The political situation in Iraq...I couldn't care less who wins. I don't feel it has any bearing on when the RV happens...It doesn't matter who's in power in Iraq for this to happen...the government of Iraq is not in control of this...they haven't been since day one. When Iran's nuclear sites get hit...that's when the RV will happen... within days of that happening. I know this [the RV] is going to happen. 9-22-2018 Newshound Guru Bloodloch Regardless of what government is formed and who fills the particular leadership roles, so long as it is stable, the CBI should be good to proceed forward. On another front, a recent post attributed to [Guru] "Walkingstick" reads: "The lower denomination/s and or coin/s will be not put into circulation, arbitrarily... Prior, to the release ...of any, bank note/s and or coin/s into circulation... Iraqis/ we will, read of ... it will be in print ... The when, why, exchange -rate, description/s, photos of...etc:" This makes perfect sense -- that they will lay their cards on the table openly just prior to releasing the new lower denominations -- in order for the project to remove the zeros to proceed forward. Without those explanations and examples, it could easily be very confusing to the citizens of Iraq. With the explanations and examples, it will be quite easily understood. In any case and barring unforeseen circumstances, various public statements from the CBI lead me to believe we'll all have our answers to our years-long questions before the Autumn is out...Trying very hard to walk a tightrope here, to say without saying...
  4. 9-21-2018 Newshound Guru chattels Abadi appears to be making a last ditch effort to rally support, despite him announcing last week that he would not cling to power following a decree by Grand Ayatollah Ali al-Sistani that Iraqis shouldn’t support politicians who have recently been in power. 9-21-2018 Newshound/Intel Guru Mnt Goat ...the big questions now is this – will the CBI do away with the currency window altogether and then just let the banks loan out the money? But what is the purpose of the currency auctions anyhow? They are to convert the dinar to US dollars to use to pay for imported goods and services. This process was done as part of the monetary sanctions by the IMF put on Iraq. Why do they still need to do this? Technically they don’t. Iraq has been free of all monetary sanctions for some time now. So why is the CBI still operating in the process? (Part 1 of 3) 9-21-2018 Newshound/Intel Guru Mnt Goat ...The CBI is playing it very safe. The governor...this past weekend told us that there are still STABILITY reasons as to why they are not moving ahead with the project to delete the zeros. ...this process is a calculated process and takes time to set up events ahead of time and work its way to the reinstatement. It is NOT something you just decide to do today and they trigger it tomorrow. One event is the launching of the lower, lower smaller category notes and coins. This must be gradual. Right now their obstacle is having a STABLE government that will support the needed laws to coincide with the monetary & economic reforms for this purpose. (post 2 of 3....stay tuned) 9-21-2018 Newshound/Intel Guru Mnt Goat Even with the current US sanctions against Iran we see the immediate necessity to change over to dinar and use it with their middle eastern trading partners. But to do this will mean reinstating the currency to the global markets/exchanges. ...Don’t you think the CBI would have done it by now if they could. ...But if they begin down that road of launching the lower, lower category notes they need full assurances that the approvals will not be yanked again in the middle of the process and the PTB will actually do their part too and complete the reinstate part of the process. Can you see why the CBI hesitates? Without the reinstatement the entire process fails and the newer lower category notes become worthless on the streets. Billions spent on this effort would be worthless. (post 3 of 3) 9-21-2018 Intel Guru Bruce ...Don’t they want the rate out? Yes, they do, but guess what the holdup has been? They have a number of people in Iraq, bad guys, that are still needing to be picked up, arrested, and dealt with. They have a limited amount of time to do that. They have been doing it, but they need to complete that. That is why they haven’t put it out in the Gazette and why it hasn’t been completed in our point of view. It has to do with the arresting and handling of those arrests. 9-21-2018 Intel Guru Bruce (Q? Is Iraq still in the equation?) The unfortunate answer is Yes they are. They are still a factor. They have been given an ultimatum today by our administration to have all this stuff done meaning temporary election, their CBI up and out with the new rate, to have HCL talked about and discussed and put out in the open. All these things dealing with Iraq is to be done. The ultimatum is for this to be done by Monday. Iraq has said they expect everything we just talked about to be in the Gazette on Saturday. That is their normal publication date. It could be in sooner digital. It should be in the Gazette on Saturday. 9-21-2018 Newshound/Intel Guru Arthur [...if the equation is and always has been GOI + HCL = RV then why did we not get the RV 6 months ago when they had it?] Because IMO, until we actually see documented proof that all the citizens in all the 19 provinces (especially Kurdistan and Basra) are being paid a percentage of the oil revenues, there has not been a full blown activated and, most importantly, IMPLEMENTED Hydro Carbon Law (HCL) in Iraq. It has been activated on and off for years, but IMO never fully implemented, the implementation (along with the new GOI) of which IMO will be a major trigger point for whatever we've been waiting on all these years.
  5. 9-19-2018 Newshound Guru Adam Montana [...when it comes to HCL how do they sell the oil they are pumping out without having HCL in place ? I. Your last update it does sound promising after all most 9 yrs waiting...] I still think we are in a promising situation right now! "How" they are selling oil is exactly why they need the HCL in place. Without the HCL in place, their entire process is antiquated and inefficient, and prone to argument about profit sharing. Once the HCL is finalized, they can focus on other things... that's why it's so important. So, the answer is this: poorly, inefficiently, and not meeting their potential. 9-19-2018 Newshound Guru MilitiaMan Article: "Governor of the Central Bank of Iraq participates in the meeting of the Board of Governors of central banks" This meeting has to have been one very interesting meeting and I'll bet it has significant information being passed along between members. Interesting that the BIS has chosen to not publish Iraq's Exchange rate to the US Dollar yet this year on their website for daily nor monthly, quarterly etc.. They quit in qrtr 4/2017... 9-19-2018 Newshound Guru Adam Montana We have two pending issues before we will see an RV. One is a resolution on who, if anyone, will take Abadi's place. I'm feeling more and more confident that Abadi may very well retain his position, and that's a great feeling! Without getting too deep into it, because I've certainly spent a fair amount of time on this topic over the last couple months, I feel like he's a great option for the country and it would be much more expedient for our purposes if he were to retain his seat. The other issue, of course, is HCL. There are some rumors floating around that it is "done"... I have not seen any evidence to back that up, and that's my stance. ...(Post 1 of 2....see following).. 9-19-2018 Newshound Guru Adam Montana Steady progress has been made, but until the first item is cleared up we really cannot expect anyone to stick their necks out and "get it done". Until they know where the money is going, they aren't going to be signing any deals! And until they have a new PM locked in, they can't be certain where the money is going to go. It's as simple as that. As far as a "timeline" on this situation... I don't know. It could be a week, or a month, or more. But they will not go forever without an official sitting Prime Minister, so as soon as that is settled, that is when we can expect things to move forward. Items of note: 1. I like progress. It appears that the Speaker role has been filled. Good news there! Keep up the good work, Iraq... check those items off the list until we're ready for launch. (post 2 of 2)... 9-19-2018 Intel Guru Bruce [via PinkRoses] I think we are as close as we have ever been, but we did get somewhat delayed...by the storm, Florence. I am hearing late this afternoon we did get confirmation from Sulaymaniyah, Iraq that the HCL has been complete. It is done. I don’t know whether it means they paid out of it yet. ...I know we are expecting that. We are expecting some news about the CBI. We are expecting some news quite possibly about Abadi and the Prime Ministership in the Gazette...we found out in more detail that Abadi will be the Prime Minister for Iraq for the next two years....(post 1 of 2....stay tuned)... 9-19-2018 Intel Guru Bruce Now when it comes to the CBI and the actual rate of the Iraqi dinar, you know they won’t put that rate out online where we can see it. I think it will be a little bit higher rate than we thought it was. We have known that for months that even though they have an in country rate and all of that, they got it on their Qi cards, and they are being paid, all of that, none of that is going to be revealed to us in any accurate detail based on the value of the dinar until we are ready to start...It won’t happen for us until they are absolutely ready to let this go here in the United States... We are looking very strong for the next 24 to 48 hours. I do believe they want it to go this week still...Be on high alert the next couple of days...(post 2 of 2).. 9-19-2018 Intel Guru 12thman Just got off a call with our group and one of our US political insiders. This person made it very clear that 10-12 days out from the Mid terms was their goal. They want a positive US environment... Stability and progress, not just in the M.E., is key. It's just as important if not more here in our own country. He went on to state that you will see lots of little things leading up to some big articles and statements made by key figures as we draw closer to Nov. 9-19-2018 Newshound/Intel Guru Walkingstick WE WANT YOU TO KNOW THAT THE US IS CALLING ALL THE SHOTS WITH IRAQ IF SO, DO YOU HONESTLY THINK THEY DON'T WANT IRAQ TO RI THEIR CURRENCY? THE US IS LOOKING FOR THE RIGHT TIMING TO DO THIS... THE RI DOES NOT NEED PARLIAMENT...DO WE NEED THE GOVT SEATED? NO..!
  6. 9-18-2018 Newshound Guru Kaperoni This is not a RI...its a float meaning the dinar will rise to counter inflationary pressure created by an influx of investment capital. Nobody is coming yet to the party. They need to get some laws passed first as well as the new government in place to create the conditions favorable to investors. Nothing is happening until these things are done. I also believe the CBI will want to have its Article IV Consultation with the IMF to go over the banking system and directives since last year. In effect to make sure they have accomplished what was required before making any such transition. I remind people we had a member write the IMF on this matter and were told the consultation would not occur until after the formation of the new GOI. I hate to say it, but it seems obvious with the delayed formation of the government nothing will happen until at least next year with the currency...(post 1 of 2....stay tuned)... 9-18-2018 Newshound Guru Kaperoni As stated in the 2012 Article IV Consultation the plan by the IMF refers to the gradual appreciation of the dinar as a result of the Balassa-Samuelson effect. So what is that? Balassa-Samuelson Effect Definition | Investopedia: "The Balassa-Samuelson Effect is a phrase that describes the result when countries with high productivity growth also experience high wage growth, which leads to higher real exchange rates. The Balassa-Samuelson Effect suggests that an increase in wages in the tradable goods sector of an emerging economy will also lead to higher wages in the non-tradable (service) sector of the economy. The accompanying increase in inflation makes inflation rates higher in faster-growing economies than it is in slow growing, developed economies." ,,,(post 2 of 2)... 9-18-2018 Newshound/Intel Guru Mnt Goat Alalak talks about NEXT month...meaning October to do something with the paper notes. What is this action? I quote from the article he says “to compensate for the existing small categories damaged”. So he does specifically say to replace the EXISTING small categories meaning 50 250 and 500 notes. 9-18-2018 Intel Guru Frank26 ...I have told you for many months Abadi Will be the p.m. please do not ask me that question anymore simply tell the other gurus...they are wrong ...Thank you kindly. 9-18-2018 Newshound/Intel Guru Mnt Goat Press Conference quote: "...THE CENTRAL BANK HAS A FUTURE PLAN TO RESTRUCTURE THE IRAQI CURRENCY, INCLUDING THE DELETION OF ZEROS, but that plan needs deliberate steps, and a stable situation in order not to be exploited in the fraud and other." Alalak confirms that the CBI needs stability to continue with the project to delete the zeros. ...Do you think Iraq is now politically stable? If it were why wouldn’t Alalak just tell us it was stable and they were moving forward again with the project to delete the zeros... 9-18-2018 Intel/Newshound Guru tman23 I always said...news about lower denoms always came out end of Sept and start of Oct was chatter of lifting 3 zeros, this was from official sources...AND they said the only appropriate time to lift the zeros is at the start of the New Year...OH YES...LIFT ZEROS MEANS REMOVE THE CURRENCY FROM THE MARKET PLACE... AND THE EXCHANGE RATE...
  7. As of 6:55 PM EDT..... 9-17-2018 Newshound/Intel Guru Mnt Goat Quote: "The governor of the Central Bank, Ali Alaak, on Monday, the existence of a plan to delete zeros from the local currency, noting that "this plan needs to deliberate steps, so as not to be exploited in the fraud." ...just the fact that the CBI is now talking about this project again is good news to us. We see it was in fact halted in April 2018. Surprised? Like I keep saying the CBI is in charge of the reinstatement not some banks in the US. 9-17-2018 Intel Guru Bluwolf [via OOOTAH] "There's Never Been A Delay", We are at a minute to minute..! 9-17-2018 Intel Guru Frank26 The sanctions that were put on the Iraqi dinar. The program rate. ...They’re expecting the exchange rate of the Iraqi dinar to be effected because of the resilience and the stability of the economic system. What more do you want...? ...To know the date. To know everything precisely the way you want it. Even though it’s right in front of your face...They don’t have a deficit! Their budget is ready to go! Their economy is in high gear! Their monetary system is secure..! ...(post 1 of 2....stay tuned)... 9-17-2018 Intel Guru Frank26 ...In my opinion... because WE the United States of America are calling the shots...and it can even be proven now...because we the United States of America are telling them to seat the government...Are telling them when to pass laws...Because all of this is right in front of us. I am led strongly to believe the wording of NEXT MONTH... they’re talking about October! ...they’re going to introduce the new small notes and the coins. Next month… Article quote: “The Governor of the Central Bank said: The banks plans are to modernize the currency in circulation and the deletion of the zeros.” ...they will lift the 3 zeros from the exchange rate, because they’ve lifted as much of the 3 zeros from the streets that they could, physically...(post 2 of 2).... 9-17-2018 Newshound Guru chattels Article: "Central Bank Governor for {morning}: cash reserve is close to $ 60 billion" Interesting article...Obviously the value of the dinar is the subject of some planning and discussion. What, if any, of the declarations of the CBI are reliable? What does it mean for our investment? Quotes: " ...it is not right to make changes under unstable conditions completely, ..."; " ...the central bank has a future plan for the restructuring of the Iraqi currency, including the deletion of zeros, but that plan needs to deliberate steps, and a stable situation completely in order not to exploit it in the acts of fraud and others."
  8. 9-16-2018 Newshound Guru Bloodloch Once it begins (and it will become crystal clear what that "it" means when "it" happens), the velocity of money comes into play and, unless artificially restricted, I would not be surprised to see something quick, like a two month rise in the foreign exchange rate of the dinar to equal one dollar (the equilibrium point) assuming the change is unrestrictive and the Iraqis are left to their usual activities of working and selling and earning and banking and spending. It could take longer if they (the CBI) restrict the natural rate of growth although I'm not sure why exactly they would do that since the Project is a zero-sum purchasing power game from start to finish....(post 1 of 2....see following)... 9-16-2018 Newshound Guru Bloodloch In fact, I would think that the faster they finish (reach the equilibrium point) the sooner the Iraqi people can start to gain the benefits of an expanding economy and enjoy some serious increases in real purchasing power. At that point, the newly equalized exchange rate, as well as in-country purchasing power, should begin to climb in general unison over time. So what is this trigger event? It's not so much the what, as the how. And beyond that, I won't elaborate. No sense in stirring the pot right as the chef is about to announce that it's soup. We should all recognize it, as plain as the noses on our faces, when we see it....(post 2 of 2).. 9-16-2018 Newshound Guru David M. Witty In Iraqi election news, Sairoon & Building coalitions agree on Adil Abdul-Mahdi as next PM. 9-16-2018 Newshound Guru Kaperoni As reported, if Adil Abdul-Mahdi is the next PM this is excellent news! 9-16-2018 Newshound Guru Kaperoni [Is there any word on when that process will start?] Only an educated guess can be made based on the urgency to maintain compliance, encourage investment and begin rebuilding putting people back to work. We also know they cannot begin until the formation of the new government. 9-16-2018 Intel Guru Frank26 I PROMISED TO GO SILENT...BUT IFORGOT TO MENTION ...I DON'T CARE WHO THE PM IS ...ABADI... MAHADI... GANDHI …LOL... 9-16-2018 Newshound Guru Kaperoni‏ Apparently Adil Abdul-Mahdi withdraws his nomination to be PM. [reference Kaperoni and David M. Witty posts 9-16-2018] 9-16-2018 Newshound Guru Kirk H. Sowell So it is now officially over for Iraqi Prime Minister Hayder al-Abadi's reelection. This press conference last night was a concession speech in every sense. His reelection effort is over... this was the end of his effort to obtain a second term. Next, MPs have just now elected Muhammad al-Halbusi, currently Anbar governor, as the next speaker of parliament. This is breaking news. He belong's to Jamal al-Karbuli's al-Hal party.
  9. As of 7:25 PM EDT 9-15-2018 Newshound Guru Kaperoni …If your expecting some overnight event your mistaken. There are many experts that predict the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float. Keep in mind it will be directly related to how fast foreign capital comes into the country through the cbi's capital account… 9-15-2018 Newshound/Intel Guru Mnt Goat WOW! Mid Sept. already and still we wait for the formation of the new government. Didn’t I tell everyone that if they met a benchmark of July and did not form this government by then that they would stretch it out until September but I do not believe it will go beyond Sept. So once the new house speaker and president and deputies are elected then the next hurdle is to get the new nominee for the prime minister announced and voted on...(post 1 of 2....see following)... 9-15-2018 Newshound/Intel Guru Mnt Goat Okay so once the prime minister is elected, they will have until mid Oct to get the reinstatement done. If they decide not to do it we may as well relax because we are waiting until EARLY 2019. I am telling you this now because I have knowledge of target dates already to get this done. I have a direct source in the CBI and we completed a recent long conversation over this issue of timing for the reinstatement. Again they reinforced to me that when we see the re-education process begin about the new smaller categories, this will be our signal they are going forward. If we don’t see it then we are in the window of 2019...(post 2 of 2)....
  10. 9-14-2018 Intel Guru Bruce ...you know that I have told you we are very close...close for awhile...there are things that are happening to move this thing along to get us over the finish line...I have heard a lot of things pointing toward great result for us by Saturday afternoon. Maybe tomorrow [Friday]. ...I feel really good about what is being accomplished, where everything is in terms of the processes. We know for example...the QFS final procedures and protocols were being run through globally all around the world... So that tells us that everything is pretty much lined out and ready to start...{post 1 of 2....stay tuned - more to come later today..posted as a reply..!} 9-14-2018 Newshound Guru Kirk H. Sowell Abadi's prospects have been dimming ever since the disappointing election result in May, and whatever chances he still had last week were gone after his government appeared to be in total shambles in front of parliament & then Sadrists withdrew support. This is the formal end. 9-14-2018 Newshound Guru Kaperoni "Breaking: While PM Haider Al-Abadi gave (Apparently) farewell speech to his office, Moqtada Sadr announced an agreement to nomination "independent & technocrats” candidates for the new #Iraqi Prime Minister position" Does not look like current PM Abadi will be nominated for another term. 9-14-2018 Intel Guru Frank26 [via Sunkissed] Article quote: “We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies” ...in our opinion, the lower denoms with a Specimen mark on them are leaving the borders of Iraq...in our opinion, we see the physical lower denom, marked Specimen, from the East to the West in many banks...why is it being sent to banks Frank? Because this is the currency that will be used in buying and selling and trading on a Global scale. The small notes are going to stay INSIDE the country, because there will be a rate change; along with the coins. And those belong to the citizens. They do not belong to the Global Market. ..(..post 1 of 2....stay tuned )...... 9-14-2018 Intel Guru Frank26 ...Look what Abadi says...the dinar, that is marked Specimen, is leaving Iraq. And Abadi is telling all of these neighboring countries, we’re cool with your currency, if you’re cool with ours. ...Abadi says the following: “I will not insist on a specific site and insist to serve the country. We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies, and we do not want global domination that controls the economies of countries" Now what does that mean? Yes we’re going to swap. And yes, we’re sending our currency out to you. And yes, we’re going through a reinstatement of our currency. We can send you our currency. It’s about to be globally recognized. It’s about to enter Article 8. We’re going to introduce our lower denominations too. We’re not going to have just one controlling currency anymore, like the American dollar. No more...This is as obvious as it gets. ..{post 2 of 2..}..
  11. Hi Everyone - I'm posting these Guru posts just to keep everyone informed with what some others are saying about what is occurring with Iraq and the possible RV/RI of the IQD on various Dinar websites. No one knows exactly what will happen or when - these are simply opinions about what is happening based on news & media articles from the CBI & GOI and events in Iraq. RON 9-11-2018 Newshound/Intel Guru Walkingstick [via Clare] 1) Seating of Government with largest block, no way Iran or corruption can interfere. Sadar & Abadi...Full Control... 2) Initiation of HCL...rate doesn't matter... just the fact that it's in position... 3) ISX & ESX are positioned internationally...IMF has things in place to prevent a run on ISX @ PR...the pairing of the 127 countries caused international movement & was successful... Every Central Bank that saw the pairing KNOWS what it means! 4) Leaving of Specimen marked LD's... international movement of their currency (left boarders of Iraq, showing up...Thailand & all over the planet, East to West)... 9-11-2018 Intel Guru Frank26 [via Clare] POTUS, Demanding Now: 1) HCL -which has to have seated Gov. (to get HCL) 2) RI of IQD. BIS getting ready to announce change in IQD Rate... CBI & BIS, will both do same action at same time... 90% of all money in foreign banks put there illegally...all coming back...all assets...Economic reform that depends on RI will Explode...Reasons of RI: 1) To be International/ Art 8/ trade with own currency... 2) To give Citizens more Purchasing Power 3) To run GOI with International Confidence...take their currency seriously... they continue to collect the worn notes & LD's ....replace with small notes & coins...RI MUST NOT FAIL. 9-11-2018 Intel Guru Frank26 Importance of GOI to pass HCL to succeed with the Citizens who will automatically get opened bank accounts... for all Iraq's Citizens from 16 and up... paid electronically according to National Oil Law...inside & outside Iraq...Brilliant USA!!! Game On! POTUS & Abadi are meeting Sept. 13th in Washington (something's on T's desk)...& 25th @ UN...ALL IN POSITION: GOI...ISX...SPECIMENS...HCL...IMO. 9-11-2018 Newshound Guru David M. Witty In Iraqi election news, main religious authority Sistani issues statement on next PM. Says he does not support any politicians who have been in power in previous years as people will not have hope they can improve situation in Iraq. 9-11-2018 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ INTENDS NEXT MONTH, TO PUT LARGE AMOUNTS OF LOCAL CURRENCY, SMALL GROUPS" So what does this article mean to us? Is this the “project to delete the zeros? Well kind of...It is the very first stages of it but this is not new news. These are just replacements notes of the ones already issued. ...It is NOT what we would expect as the next move since these notes are the smaller categories they keep talking about such as the 250, and 500 dinar notes...This is just replacement of these notes... 9-11-2018 Newshound/Intel Guru Mnt Goat What we want are the real lower category notes such as the 100, 50 and 25 and coins. We know that these lower category notes are to be slowly launched, as needed. How long will it take? We don’t know and I don’t think Iraq even knows. Yes, it a good sign they are NOT going backwards and issuing more 25k, 10k and 5k notes. ...Now having said all this can the CBI slip in a couple of the newer lower category notes NOT yet launched and thus come out with a new rate much higher than it is today? Yes, yes, yes and this is VERY possible too. But it does not say this directly and list them out so we don’t know for sure. Let’s just wait it out and see. This might get interesting... 9-11-2018 Newshound Guru MilitiaMan BISX~ What a heck of a time to become like the big boyz...? Today this came out for the BISX investors that have present accounts. They have/are upgrading the system.. This notification to investors speaks that they are going to go live electronically, whereas, today it is an antiquated system that needs parchment and quill, so to speak. ...Now keep in mind this came out today and it came from a friend that has an account whom I verified it personally with who explained how it works today. Well this shows that is about to change. It comes out the day before a holiday [9-11-2018, Islamic New Year]. Fascinating... oh ya.
  12. 9-10-2018 Newshound/Intel Guru BGG Article: "The Central (Bank) poses large amounts of small currency" Quote: "The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it (with) New." First bit of really good news in a while!! 9-10-2018 Newshound/Intel Guru Mnt Goat September 15th is just around the corner and we know this is a target date to get this largest bloc issue settled so they can move ahead again in forming the government. Iraq is experiencing a political struggle to form the largest bloc between an alliance led by "Nuri al-Maliki - Hadi al-Ameri" and the name of the news and supported by Iran in the face of the coalition, "reconstruction and reform," led by Moqtada al-Sadr - Haider Abadi. The leader of the coalition of victory and Iraqi Prime Minister Haider al-Abadi, supported by the United States of America, so in light of the resolve of the Shiite and Sunni forces, their position of the largest bloc has become the decision of the Kurds in ending the controversy of the largest bloc and the weight of Iran or America to the post of prime minister of Iraq. 9-10-2018 Newshound Guru Bobby ...as far as adding value to the IQD? ...I'm seeing a lot of talk about this very important subject that is dear to all of us...If you fail to read the news about what Iraq is telling us outside of the political mouthpieces, you will always think "just add value and everything will be ok" That thought will get you nowhere... If Iraq were to put the IQD on the Forex market right now, they could neither support and sustain a value of 1190, or on a 1:1 par with the USD... PERIOD. Now some may say well Vietnam does it at what 20,000 to 1? Apples and oranges my friends. Just like comparing currency values thru trade and bilateral agreements have zero to do with a currency's value between country's...Iraq would go belly up if they even tried to put the IQD on the Forex market at this point. Why do I say that..?...(1 of 3)... 9-10-2018 Newshound Guru Bobby Because they have NO economy aside from oil. We saw...an article ...that gave us numbers still in the upper 80's as far as oil dependent revenue. Once those numbers get to a much better ratio of let's say 60/40, we may have a chance...I throw those numbers out there because I have read the IMF SBA's, the National Development Plan, the Reconstruction and Investment Plan and International Institutional studies on Iraq's economy. It really is that simple. My suggestion ...let Iraq form it's GOI, hopefully an inclusive one, and then we watch what direction they will go....(2 of 3)... 9-10-2018 Newshound Guru Bobby The people of Iraq are speaking and they are speaking with a voice of reason. They, just like us, are tired of the status quo and that right there is our hope. We have 1 somewhat stable stability and that's the CBI, which still has some work to do towards financial inclusion. If Iraq gets it's act together politically and starts supporting in full The National Development Plan, that's when you should start getting excited...(3 of 3)... 9-10-2018 Newshound Guru MilitiaMan Article: "Central reserves amounted to $59 billion and 96 tons went gold" This article is full of Bragging Rights...to show where they are. Their bag of goodies is full. This year alone they increased their reserves somewhere in the tune of 10 billion Dollars, additional bonds from China and Islamic Banks and 6.5 additional Tonnes of Gold. They talk of contracts with Ernst & Young. Bragging about being the first in the region with SWIFT and that the are internationally compliant. Compliant with international remittances... Well they will need to pay the citizens abroad the HCL( Think Somo [State Organization for Marketing of Oil] ) by such means now won't they? Yep...All in time... imo. 9-10-2018 Intel Guru RayRen98 A BANK SOURCE THINKS WE WILL BE EXCHANGING ON MONDAY, B BANK SOURCE SAYS THEY HAVE NOT HEARD THAT...TIME WILL TELL. THE NEWLY ANNOUNCED E-CARD BY THE CBI "SUPPOSEDLY" WILL HAVE A NEW RATE - TIME WILL TELL.
  13. This information was taken from another Dinar information site. It's useful in that it shows points we should be looking for in the News. List of Possible Major " To Do's " Before An IQD Value Increase (RI or RV): Moved to IMF Article VIII HCL passed/imp. [Temp 11/2014] [agreed in spirit 12-2014] Erbil Agreement Impl. Election Law (DONE!12/2013) UNSC Chapter 7 (Done??summer-2013/ Dec/2017 moved to ch VI?? June-2018 Resolution 1487: CBI released from Sanction list.) UNSC Chapter 6 (began 12/2017 ?) Article 140 impl. (Supreme Court Support 5/2018 - must impl.) Economic/Banking laws passed (more needed)(12-2017) Investment laws (Voted! 10/2015 Printed 1/2016) Power Sharing (Done!!10/2014) Internationally accepted Dinar GOI Seated (Done! 10/2014) Tariff Law (partial) CBI & Market rate within 2%-90 days (start Mar. 15 2018?) E.O 13303 (Done 12/2017) GOI Announced & Seated - for stability
  14. 9-9-2018 Newshound/Intel Guru Mnt Goat ...there are three main issues yet to resolve prior to the RV. 1. HCL - So the HCL law was finally written to satisfaction and passed. There were many parts to it over the years. Now they must pay out a % excess oil revenues to the citizens (a law was passed in parliament...supposed to begin as of Sept 5th). Do they need to pay out prior to the reinstatement permission. YES, YES and YES again. Is this not a constitutional requirement? Well then...??? ; [1 of 3] .... 9-9-2018 Newshound/Intel Guru Mnt Goat 2. Iraq must now get rid of the Iranian militias and drastically reduce the political influence of the Iran over Iraq, This is a new requirement and should never had been an issue had it not been for the ISIS invasion, which by the way was a way for the Iranian backed puppet Nori al-Maliki to get the Iranian Kud forces inside Iraq...This now stands as a major SECURITY breach by the US on the sovereignty of Iraq. The US will NEVER giver permission to RV with these Iranian forces in place in Iraq especially with the Trump administration; [post 2 of 3....stay tuned].. 9-9-2018 Newshound/Intel Guru Mnt Goat 3. Article 140 - this was promised by PM Abadi during the last election of 2014. It was also promised during the 2010 election by Nori al-Maliki and neither delivered on it. This was of course a major blunder on the part of PM Abadi 2014-2018 for, if he did deliver, there would be no further discussions and the Kurds would side with the Sadr Movement as they could then feel they could trust and move forward. So...all three of these needed points are not yet implemented or guaranteed.[3 of 3] ... 9-9-2018 Newshound Guru Currency365 Abadi would not have to ask trump for an emergency government if he had listen the first time to Trump...TURN ON YOUR CURRENCY, RELEASE YOUR SMALL NOTES, ADD PURCHASING POWER, AND RELEASE THE OIL REVENUES TO THE CITIZENS, OPEN ALL BUDGETS SINCE 2007, ACTIVATE ALL LAWS..!!! 9-9-2018 Intel Guru Frank26 Article: "A "meeting" is expected between "Abadi and Trump" on the 13th of this month" IMO...THERE IS SOMETHING ON TRUMPS DESK ... 9-9-2018 Intel Guru Jester [any news to share?] NOT ANYTHING CONCRETE THAT MAKES ANY SENSE... ALTHOUGH THE UNOFFICIAL WORD SEEMS TO INDICATE VERY CLOSE... BUT WE HAVE ALL HEARD THAT BEFORE TOO...I WAS SURPRISED THEY TOLD ME THAT TO TELL YOU THE TRUTH... BUT I AM CAUTIOUSLY OPTIMISTIC... HEARD IT TOO MANY TIMES BEFORE... I NEED TO SEE SOMETHING MOVE.... 9-9-2018 Newshound Guru MilitiaMan Everyone...may have noticed on the BIS website that they quit reporting the Program Rate for the QRTR 1/2018 and QRTR 2/2018...A fresh pattern that shouldn't be overlooked, imo. ...also...they recently paid the COM (Council of Ministers) back pay to 01/01/2018 electronically, and it was mentioned specifically to and with the Kurds in mind that they don't have to tell you any more going forward. It is to be a private matter between the citizens and the banks... Why? One might ask why would they the (BIS) quit reporting the program rate when the track record through QRTR 4/2017 was? Do you think the BIS the granddad of all banks is going to put out data that effectively would be misleading? [1 of 2] ... 9-9-2018 Newshound Guru MilitiaMan I personally think not, therefore, the lack of reporting it on the site points to that they wouldn't do that to be misleading. They are not going to publish the program rate, as they have something else in mind imo... We have heard ...they will back date the HCL to a similar time frame of 01/01/2018. We have also been told by WS [Guru Walkingstick] and articles they finished the calculations based off months prior to the End of the 1st Quarter 2018, and they agreed on the HCL in early March 2018, and now 6 months have passed real close and we see them hammering out the Seating of the GOI with the URGING of Al Sistani, The Supreme Shiite Cleric. All very interesting... [2 of 2] ... 9-9-2018 Newshound Guru Don961 A "meeting" is expected between "Abadi and Trump" on the 13th of this month. Article quotes: "Informed sources revealed that Prime Minister Haider Abadi will meet with US President Donald Trump on the 13th of this month." "The source said that "Abadi and Tramb, will gather a meeting, on the 13th of this month, to form a government, after the failure of efforts, to form the largest bloc," adding that "Abadi will meet with senior officials in Washington."
  15. 9-7-2018 Newshound Guru Kathy I know the Kurds are kind of a stumbling block but in the end I cannot see them joining Maliki’s group! They had enough interaction to know Maliki signing any kind of document is totally worthless! Maliki never keeps his word and Ameri is simply an Iranian puppet along with Maliki! What would be the result if the Kurds decided not to join either block? I cannot imagine that would be to their advantage! I think things are going to get real interesting in the near future! 9-7-2018 Newshound Guru Adam Montana [Can the Monetary Reform happen before the SBA 2016 agreement with the IMF?...Will the CBI be able to act alone and start the Reform without the IMF's Approval?] In a perfect scenario, the IMF gives the green light, CBI implements the "approved" changes, RV. Let's be real, though... if the CBI wants to go ahead with it, then they will, and what is the IMF going to do - tell them "no, you can't pay X for your Dinar"?? I don't think so...And if the IMF DID do something like that, can you imagine how many institutions around the world would completely REVOLT against the IMF?! It would be absolute chaos! (part 1 of 2) 9-7-2018 Newshound Guru Adam Montana ...With that said, I completely reject the idea that the IMF "must" do anything at all to enable, allow, or even encourage Iraq/CBI/GOI/etc to do anything with their currency. They will do what they want, when they want it. Chapter 7 was a big deal. That prohibited them, via the United Nations and more, from making any major changes. Chapter 7 was the ONLY sanction that completely restricted them from RVing, in my opinion. There are other items that needed to be handled in order to make it easier, but even now - without HCL in place - they could still do it today. It's my opinion that it is not likely to happen before the HCL is in place, but they COULD. (2 of 2) 9-7-2018 Intel Guru Bruce ...it looks like everything is coming together at the last moment, and it is getting down to the wire. We have Iraq still doing their thing. Messing around with their government. Talking about running more stuff through parliament again. ...They are talking about releasing the...Oil and Gas Law...Talking about releasing that in the Gazette on Saturday...What does that mean for our timing? That could trigger what it is we are all waiting for...I have heard people talk about a 5 day window. The window could be literally hours away to a couple of days or maybe it drags out through the weekend. I really believe that. ...I think we are at a really good shape. 9-7-2018 Intel Guru Footforward I still believe and expect the RV to happen. What's been going on hasn't changed my mind. This will come to be... 9-7-2018 Newshound Guru MilitiaMan Quote: "The Iraqi National Card is an electronic biometric card issued by the Ministry of Interior from January 1, 2016. It replaced the Nationality Certificate and Civil Identification Document previously issued. In 2018 it will also replace the Residency Card). This card has a high security platform and is connected directly to the Iraqi Civil System" Now I am not sure how many realize just how big this is? It is telling us they are on the 09/05/2018 ready to "LAUNCH" the E-Regulations a form of many forms that are about E-Governance. That includes E-Banking...It will include Citizens, Employees, Businesses, Countries, Constituencies, Democracy, payments, receivables, etc., etc. (1 of 2) 9-7-2018 Newshound Guru MilitiaMan ...WS [Guru Walkingstick] posted that the COM was paid electronically, and back pay to 01/01/2018. The same was said to have happened for the HCL for the citizens ...we await them to tell us it is fully active. ...The question is, will they leak out the payments of back pay for the Citizens for the HCL? Imo Oh heck yes.. When they do, it will go public by the CBI, GOC or just plain old leakage. Now keep in mind that Sadr has spoken out about the GOI not fulfilling their responsibilities.In fact imo he is saying have them done before Sunday. Start your meetings ASAP, and by the way they are going to be live on camera. Therefore, all the citizens that know your sandbagging and they are not getting paid their do, will be able to watch who is sandbagging them...imo....(2 of2). 9-7-2018 Newshound Guru chattels Much of the recent news highlights the question of whether the rule of law or the rule of men, and which men will it be, is or will be in control in Iraq. These are dangerous times in Iraq. Iraq seems continually to jump from the frying pan into the fire and back again, IMO. It appears that my sense of optimism about the avoidance of quotas and the announcement of a government sooner rather than later in this election cycle was misplaced. The Machiavellian Maliki is very resourceful politically and we should never underestimate him or the capacity of Iraq for self destruction...
  16. 9-8-2018 Newshound Guru MilitiaMan Article: "Asadi: Current crises end by providing the necessary funds" Quote: "It is also possible to solve some problems by taking advantage of the current financial abundance due to high oil prices," An MP talking about using the 2018 budget to solve problems...Tamimi suggests that anyone saying Iraq has a financial crisis is a liar... Well well, they are now getting on the band wagon.. Imo we will now see more of that, as they’ll want to be on the side of get us our money now... Read HCL... The statement from Sadr he would film the extraordinary session must have worked!! The MPs that hinder the money being electronically given to the people of Iraq now will suffer political consequences and possibly more, especially if they are exposed as Iranian supporters of interference... 9-8-2018 Intel Guru RayRen98 Cleric Sadr called for an emergency meeting for all Parliament members on Saturday to discuss the Basra situation and other matters. He warned that any member not in attendance would be held accountable. The Kurds did not attend the Parliament meeting claiming constitutional concerns. Sadr publicly trashes them on Iraqi TV for not participating in that important session. Iraqi President announces plans for tomorrow's meeting to include naming a new president and a new speaker...hopefully with the attendance of the Kurds. Sadr's comments on TV did not receive a positive reception. [Gee, I wonder why?] lol. A new program and a new national E-Card for citizens was being shared on Iraqi TV by Alaq. 9-8-2018 Intel/Newshound Guru Poppy3 BEEN HERE GOING ON 16 YEARS AND BELIEVE ME OUR GREAT PRESIDENT TRUMP IS PUSHING EVERY BUTTON POSSIBLE TO HELP BRING ABOUT THE DINAR RATE CHANGE. HE IS DOUBLING DOWN AGAINST IRAN AND KNOWS IRAQ WILL DOMINATE THE MIDDLE EAST IN THE FUTURE. RELAX RICH FRIENDS THE RATE IS COMING IN DUE TIME WE WILL BE READY TO CELEBRATE. 9-8-2018 Newshound Guru David M. Witty In Basra Province, Iraq, Basra Operations Command imposes curfew after another evening of major destruction. (In reality, curfew appears impossible to implement). Iraqi Parliament convenes. Heated exchange between PM & Governor of Basra Province. Iraqi Parliament has turned into a shouting match with calls for government to resign. Acting Parliament President having a tough time controlling it. 9-8-2018 Newshound/Intel Guru Mnt Goat ...there is no indication as to how far they must go on this topic of corruption. This is one of the unknowns. But anyone with any common sense can clearly see that at least the GOI and Judiciary must help the CBI clean up this currency auction fraud and manipulation by arresting these individuals who run these phony banks. This recent switch from Us dollars to Euros for trade with Iran will be stopped shortly. This was a mistake by Iraq to do so. But there has to be a solution as Iraq needs the imports to survive and grow its economy. All we can do is sit, wait and watch it all play out. To me what makes the most sense is to reinstate the dinar and thus trade with the dinar. Some say they are using the dinar already in trade with the 1190 rate. This was of course not permissible under sanctions, but the sanctions are relieved and so why has the CBI not yet reinstated the currency? Clearly there is something behind the scenes blocking the reinstatement. Posts above are as of 6:44 PM EDT...! Blessings.... RON
  17. 9-6-2018 Newshound Guru Adam Montana While the GOI formation is dragging on, Abadi continues to be a positive factor. No matter who is “named” the next President, I think he will continue to be a driving force in the next phases of Iraq’s development and return to their former status. Make no mistake about this - Iraq suffered a huge setback with Saddam. They have had a long road to make it this far, and the next steps for them should be pretty apparent to anyone that isn’t a complete pessimist. 9-6-2018 Newshound Guru Bloodloch The largest bloc is now called the Reform and Reconstruction Bloc. That bloc contains reportedly 180 members at least, which is enough to achieve the 165 seat threshold for a quorum if they all show up. However, due to the Iraqi Federal Court not yet declaring Reform and Reconstruction as the largest bloc, and lacking the support of the two large Kurdish blocs, they are left with a very thin, 16-seat margin of error to gain a quorum. The clerical leader of Total Reform, Moqtada al-Sadr, has called for an emergency session of parliament between now and this coming Sunday (Sept 9th) for the election of deputies. .. 9-6-2018 Newshound Guru Bloodloch ...Should the quorum not be reached by al-Sadr's Sunday deadline, he is calling on a one-million citizen demonstration to press the issue. In addition, the current Prime Minister Abadi is promising Anbar's leaders their very own Sunni Army if they stand strong in parliamentary support of the Reform and Reconstruction Bloc. Pretty exciting stuff, eh? Let's see what happens between now and Sunday the 9th. .. 9-6-2018 Newshound Guru chattels Article: "Sadr calls for new parliament to convene quickly on Basra" Quote: "We see the disregard by some politicians for what is happening in that troubled province, as they are preoccupied with forming [the largest bloc] that will only be like previous governments and alliances that characterized sectarianism, corruption and injustice." Maliki was quoted yesterday as saying that a "fix" for Basra was readily available. No doubt in an effort to undermine Abadi... 9-6-2018 Newshound/Intel Guru Mnt Goat What is REALLY going on behind the scenes? ...They are stalling to settle which is the largest bloc. To get the largest bloc they must include the Kurds. They will need the Kurds in order to get the needed quorum in parliament to get anything done. ...I expect that if they solve the crisis with Kurdistan and the deadlock for the largest bloc, they will then reconvene in parliament prior to Sept 15th. 9-6-2018 Newshound Guru Adam Montana Getting back to the basics of what makes Iraq a solid candidate for ReValuation, don’t forget that they are RICH with Black Gold… OIL. The world runs on that stuff, Iraq has a ton of it, which means they have intrinsic value that cannot be denied. The CBI has announced that they are also adding to their “other” Gold, to the tune of an additional 6.5 tons. I’ll save you the trouble of doing the math… 6.5 tons = 208,000 ounces. Gold is about $1200 per ounce right now, so that’s a value of $249,600,000. (Obviously a little less due to wholesale value, but it’s a lot of money!) Not too shabby of a report for the day, and it shows increasing strength. Good stuff..! That's all for today.....stay happy..! RON
  18. Well folks, here's the latest from around Dinar Land.... 9-5-2018 Newshound Guru Whitelions ...Don't worry about people falling all over each other trying to get to the banks...less than 1 % of the worlds population holds Dinar outside Iraq except for banks [themselves]... 9-5-2018 Intel Guru RayRen98 A long day of ups and downs but banks say we are back on track... 9-5-2018 Newshound/Intel Guru Mnt Goat We finally see that Iraq is forced to hold the first session but only because of a constitutional requirement. Will they delay it further and can they do so legally now that this first session is held and some of the new MPs are sworn in. Oh – but not all the new MPs are sworn in. They are still missing many from the Kurdistan region and it will be hard to get a quorum without them... 9-5-2018 Newshound Guru Adam Montana Iraq is still plodding through the formation of the new Government. Watching the GOI work could be described as similar to watching grass grow, although with the rain I’m getting right now… I think my lawn would win that race! Something to keep in mind, and this is a good thing - as slow as things seem to be moving, Iraq in general has made light years of progress compared to where they were a decade ago. Their processes are greatly improved. The debates are much more structured, not confused and uncertain as they were 5 or 10 years ago. There is an end in sight, so my point here is simple… don’t lose hope, be patient, and let things happen... 9-5-2018 Intel Guru Bruce Even though this is much bigger than Iraqi dinar we still have a situation right now where every bank in the world is on pins and needles waiting for the CBI to do their thing which should be to change the rate on the CBI to a reinstated and revalued rate for the Iraqi dinar. The word is once that happens everything is going to tumble like an avalanche for us. So we have every bank in the world it was put this way by someone high up, is just waiting for that to occur. ...we heard at 1105 am this morning EST [Tuesday] all the bank rates on all screens came off. In other words, all the currencies came off the screens at the same time. ...I do know that once the dinar comes back up as a rate that equivalent to the rate on the CBI, we should be good to go. ... 9-5-2018 Intel Guru Bruce Communication from all banks has stopped. ...That is one thing I think is ultimately a good sign, and we do know that the Quantum Financial System was completely hooked up and linked to every bank and central bank and Federal Reserve Bank it needed to be hooked up to. ...We know that President Trump has taken let’s call it firsthand charge of the roll out and initiating what needs to happen with the revaluation... ...I feel that what I have heard was the possibility going at a certain time and I feel that time is close approaching. ...My sources are indicating the Joe Public starts date is going to be September 15, 16, 17 or 18 of this month. So we have some time we will have to go prior to that as the Internet Group or Informed Group. Just to let you know. We should be there I have heard this week. ... 9-5-2018 Newshound Guru Breitling …I’ve never once heard of the traders in the United States selling counterfeit currency…It’s never been a problem. Maybe in the future it could be a problem… 9-5-2018 Intel Guru Frank26 Article quote: "Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis." They had six months to agree on it now as a government they have to pass it... 9-5-2018 Intel Guru Delta Article quote: "Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis." NOTHING MATTER ANYMORE ...JUST WATCH THE CBI - IT'S COMING...(Big Grin)... ..
  19. From Late Yesterday: 9-3-2018 Newshound Guru Kaperoni Abadi addressed the new parliament today stating clearly the next government is responsible for economic reforms. It will take 2-3 months to get new GOI in place. Its coming. 9-3-2018 Newshound/Intel Guru BGG Article: "Baghdad, al Sadr populists and premier Abadi allies form new government" Quote: "Sixteen Iraqi political movements and parties, including the populist list of radical Shiite leader Moqtada al-Sadr – winner of last May’s election – and the faction of outgoing prime minister Haider al-Abadi, will give life to the most important parliamentary block. The agreement, reached late yesterday evening, will guarantee its signatories the possibility to start work on the formation of the new government." Wow – I was suspicious this might happen. While Barzani was crowing about being closer to Maliki, Sadr and Abadi did it without them. 177 deputies and no mention of the Kurds. Now, something to watch is these upcoming KRG (regional) elections in September, not that it means much (or anything) to the currency investment… Today - As of 7:05 PM EDT: 9-4-2018 Newshound/Intel Guru Walkingstick [via sunny, from 8-27-18] The United States Treasury, is now ready to sanction not just Iran, but also Iraq. There are 6-8 Iraqi banks under suspicion of funneling money through the auctions to Iran...So these banks that are under suspicion of funneling money through the auctions, they are being dealt with right now by the United States Treasury. You must suspend the auctions. ...The talk within the circle, of not only the CBI of Iraq, and all the private banks is that, and not only the talk, but their understanding within the CBI, and within the banks in Iraq, they will be getting an official nod of when to prepare for the reinstatement...(Part 1 of 2). 9-4-2018 Newshound/Intel Guru Walkingstick [via sunny & Manaolana, 8-27-18] ...But as you know, there is a suitable environment that the FAB 4 are looking for. This was the private banks understanding that last Saturday they would reinstate. IMO, what is happening with Iran was a blind-side to the reinstatement of last Saturday, causing Alak, and Abadi, and the FAB 4 to continue the process. ...They did not act upon the reinstatement...just yet. It was quite a knee-jerk, but not yet! But IMO...due to the United States Treasury, this situation with Iran is under much better control now. ...It was a bit of a hiccup, but no longer...(Part 2 of 2). 9-4-2018 Newshound/Intel Guru David M. Witty In Iraqi election news, 2 main Kurdish parties have still not joined any coalition to form new Iraqi government. They await to see if their conditions for joining will me met. In Iraqi election news, Maliki's office denies document from Building Alliance of State of Law & Fatah coalitions nominating him to be new PM. Iraqi Parliament continues to meet today to conduct deliberations but unable to officially convene since only 85 MPs present out of 329. Unable to elect new President of Parliament. 9-4-2018 Newshound Guru chattels Article quote: "...the determination of Saturday, September 15, a date for the election of the Speaker of the House of Representatives and his deputies." One last post in an effort to resolve clarify the date(s) of September 15 or 17 for the reconvening of Parliament,... 9-4-2018 Newshound Guru Walkingstick [via sunny & Manaolana, 8-27-18] The internet was worried about ...Parliament, which Parliament has no part in the Executive Branch, but they will be seated, and it will complete the GOI. But it is the Cabinet, and it is Abadi, as the Prime Minister, that is more important to the reinstatement, than is the Parliament members. Abadi, and his Cabinet is the Executive Branch. ...We also have CBI Board members. ...that is, the core of the monetary reform. That is the core of the reinstatement that we all seek, because the revaluation sits there in the global theater twiddling its thumbs, waiting for it to be reinstated. And....we continue the WAIT...! Blessings...RON
  20. Guru Posts as of 6PM EDT....any later posts will be added later as a reply to this post. Blessings...RON 9-3-2018 Intel Guru RayRen98 The new parliament is now active and we are waiting for nominations. 9-3-2018 Intel Guru Frank26 [i get the impression you are almost seeing the finish line of the long journey... Hard not to be excited about the coming week...] WITHOUT FURTHER OPINION FROM MY PART...THE FINISH LINE...IS IN MY REAR VIEW MIRROR!!! 9-3-2018 Newshound Guru Currency365 AS LONG AS YOU HAVE 165+ MEMBERS YOU CAN VOTE LAWS AND MAKE DECISIONS AND HOLD SESSIONS...THESE CORRUPT PEOPLE ARE JUST ANGRY THEY LOST POWER...(parliament session suspended for one hour, as Hadi al-Amiri's Fatih & Nouri al-Maliki's State of Law walk out with KDP and PUK) Hopefully the kurds make a decision Tuesday so parliament can move on, either way Sadr, Abadi, Allawi, Hakim etc have over 165 MP's on they squad so they can get a majority vote on all things. Would be nice to see the whole Gov't work together but if they can't it doesn't matter. 9-3-2018 Newshound Guru Breitling Iran’s GDP has everything to do with what’s going on with Iraq. Iran’s GDP is 439 Billion…There are 14 states in this country that have a larger GDP than the country of Iran…and now it’s tanking…Iran is looking at Iraq as a source of dollars…now this isn’t going to stop the revaluation of the Iraqi dinar. If anything, it will push it forward. Article “Iraqi official have revealed that Iran is pursuing a new strategy to supply the US dollar needs by working to reduce the Iraqi dinar exchange rate. Iran faces major difficulties in obtaining the dollar”… [If] You get out of the US dollar, you’re in trouble. [if] You also get out of the US banking system and you’re in Venezuela mode… 9-3-2018 Newshound Guru Breitling “...The Iranian strategy is to inject a large counterfeit Iraqi currency into Iraqi markets…”…So what are they doing? They are trying to shake the confidence of the Iraqi dinar so the locals in Iraq will use more US dollars so Iran can use that backdoor market …So that’s Iran’s access to US dollars. “If Iraqi can’t cope with the smuggling of fake Iraqi dinars into it’s territory this strategy will force the CBI to pump double amounts of dollars into the country’s markets to preserve the value of the local currency…” there’s another way to counter that. And that’s to add value to the Iraqi dinar…if people are using the Iraqi dinar you don’t need to change the liquidity of the dollar in the economy do you?…the only way to protect the Iraqi dinar is to add value to it……this is going to happen. This is going to revalue. You just need to be prepared… 9-3-2018 Newshound/Intel Guru David M. Witty Iraqi PM sends request to Parliament asking to confirm which Coalition has the majority needed to form new government. New Iraqi Parliament seated, along with full orchestra to play national anthem. ...Which coalition will form new government still unclear. 9-3-2018 Newshound Guru Walkingstick Article quote: “Legal : It is not permissible to extend the period specified by the Constitution for the convening of the first parliament session” Yep... Also, their Federal court ruling of 2010, states... they can not leave the first session of parliament open, nor can they take their oath and break quorum per a federal court ruling in 2014 .... 9-3-2018 Newshound Guru Kaperoni Several reports are being posted now that the largest bloc has been formed for tomorrow's [Monday's] parliamentary session stay tuned..! Happy Labor Day Everyone.....RON
  21. 9-2-2018 Newshound Guru MilitiaMan Article: “Abadi: We will not risk the interests of our people to please Iran or any other country” Lets not forget that Abadi has been looking to move the ball forward for the people and that includes the Kurds. One of the SBA agreements with the IMF is in regard to the Budget and the Kurds getting a fair share of it and with combining Baghdad and Erbil into one budget, imo. Well the SBA was/is a tool for giving investors security that is derived from the SBA with the IMF.. The IMF brings clout to the region. They held off in 2018 so far, as they were awaiting the elections and to seat the gov. Well now we know that is slated for tomorrow. ...the talk of paying the Kurds monthly and electronically suggests they have a number in mind for the budget already.. imo 9-2-2018 Newshound Guru Currency365 BREAKING: Sadr & Abadi alliance form largest parliamentary bloc after striking deal with Sunni National Axis Alliance ... 9-2-2018 Newshound Guru chattels Quote: "Sadr-Abadi bloc announces formation of Iraq’s largest parliamentary bloc" According to Iraq’s state news agency, the alliance includes 177 lawmakers from 16 different lists to unite in Iraq’s 329-seat chamber. The breakthrough came when the Sunni National Axis Alliance agreed to join the bloc. The Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) are not currently part of the bloc. If true then the bloc has 12 supporters more than needed. 9-2-2018 Newshound Gurus Bloodloch and Kathy Article: "Sadr-Abadi bloc announces formation of Iraq’s largest parliamentary bloc" Quote: "Muqtada al-Sadr’s Sayirun, Haider al-Abadi’s Nasr (Victory), and fourteen other political groups have announced the formation of the biggest parliamentary bloc capable of forming Iraq’s next government." And then there were 177, well over the 165 threshold for control of government formation. Looking forward to tomorrow's (Monday) Session of Parliament. This is awesome! 9-2-2018 Newshound Guru Don961 Article: "Legal : It is not permissible to extend the period specified by the Constitution for the convening of the first parliament session" So...the opening session must go on tomorrow by law...to swear in newbies, etc...but if there is a quorum, the eldest MP, who opens the show , can ask for a vote on a 15-day extension to allow the blocs more time (15 days) to agree on candidates for a new President and Vice-Presidents of the House, etc...then the other 2 can be worked on... President of the Republic and PM...by the majority bloc...to round out the 3 Presidencies of the GOI...imo. 9-2-2018 Newshound/Intel Guru David M. Witty In Iraqi election news, Maliki says he will not accept nomination to be new PM. Says he made this promise many years ago & is bound to it. 9-2-2018 Newshound Guru chattels Neither of the two main coalitions have a majority at this time. Both the Sunni and Kurds appear to be trying to leverage their support for various concessions from both coalitions. It may be weeks or months before the outcome is determined. The ultimate question /concern is whether either coalition will enable our liquidity event. We wait, watch and wonder which or whether either "winning" bloc will make a wit of difference in what we wish for. 9-2-2018 Newshound Guru MilitiaMan Article: "Central announces the sale of more than 174 million dollars through the auction" I would like to point out that the above appears to be telling us they held a special auction ...[Friday]. I am no expert on the auctions be sure. But, the pattern we have witnessed from time back...shows a clear pattern change to that of the above. First...they did one...on a holy day... Not normal behavior, from what I recall. They are in line with talking about foreign currencies... But, the above imo is excluding the USD and in fact they are not talking physical currency for the most part, as the largest portion is in the form of remittances and credits the other is in foreign currencies, i.e., electronically. Well with sanctions being imposed on Iran using the dollar, we can see they are curtailing the ability for that to happen as Abadi has been clear on the matter. However, they appear to still be buying and selling other Foreign Currencies and possibly within the local region. (Part 1 of 2) 9-2-2018 Newshound Guru MilitiaMan As noted, they are excluding banks and financial transfer companies to sell the Dollar, thus, one might ask who gets remittances and or credits and for what purposes and in relatively large amounts? Contractors, etc.? Sure they fit, and as we know and we have been told the Auctions will cease to exist, as we have previously been used to. This surely looks to now break that pattern and apparently suggests they stopped banks and financial transfer companies from selling the Dollar.. Or more simply may just have ceased the auctions like we have been waiting for... They in recent past were using the money to boost banks balance sheets abroad.. Not the case here.... We shall see. )Part 2 of 2)
  22. 9-1-2018 Newshound/Intel Guru Mnt Goat Article: "DUE TO THE ABSENCE OF A POLITICAL AGREEMENTS THE FIRST PARLIAMENT SESSION COULD BE POSTPONED TO SEPTEMBER 15 DUE TO POLITICAL DIFFERENCES" Just got word that they may postpone the first session until Sept 15th...It appears maybe this ongoing elections saga is NOT yet over… 9-1-2018 Newshound Guru Adam Montana [...if the current leader doesn’t stay in...who is waiting in the wings and how’s it looking (in your opinion) if they take the reins in Iraq?] I have a long list of potential government structures, with quite a few variations regarding the "who's who" and "where they are" on the totem pole over there... all of my possibilities that I've drawn up seem fine to me. The ONLY scenario that I would cringe at is if Maliki somehow took over Abadi's current role... that would be a serious setback of at least a couple years, IMO. I don't see that happening... If it doesn't, then I think we're going to be in good hands. 9-1-2018 Intel Guru ADMINBILL NEWS AND INFORMATION REMAINS POSITIVE...We are in a great window of opportunity. A three day weekend is upon. 9-1-2018 Newshound Guru Breitling …There is nothing that has pushed the ability for the Iraqi dinar to revalue more than Trump’s energy plans. Because it puts Iraq in a position that they have to add value to their currency to participate internationally…in the end it all narrows down to energy and 90% of Iraq’s economy is based on energy. This is why Iraq is going to have to react to the market…the market IS the sanctions on Russia. The market IS the tariffs on China. The market IS the sanctions and tariffs on Iran. So those are the engine of the market. And that’s how you can anticipate what’s going on. 9-1-2018 Newshound/Intel Guru Mnt Goat Article: "STRUCTURAL AND TECHNICAL DEVELOPMENTS CARRIED OUT BY THE CBI (2016-2017) CONTRIBUTED TO THE EMERGENCE OF PROMINENT FEATURES TO ACHIEVE FINANCIAL AND MONETARY STABILITY" Okay you heard it from the CBI itself. They have achieved this needed FINANCIAL AND MONITARY STABILITY. So we are hearing all they now need is the POLITICAL STABILITY (completion of the election saga) and they are going to pop this reinstatement. 9-1-2018 Newshound Guru Kaperoni [Is it true the meeting that was set for this weekend may be delayed till the 15th now?] Constitution requires the first session to be held within 10 days of Supreme Court ratification of election results. That day is Sept 4.
  23. 8-31-2018 Newshound Guru Adam Montana [...tell me what do you really think the value will be once this is RV...] I've been a long time supporter of a .10 RV. 8-31-2018 Intel Gurus Frank26 and Delta Iraq new 500-dinar note with Kurdish confirmed. [SO WHY CBI IS GOING TO INTRODUCE MORE 500...IF ALREADY DID A LOT OF THEM ON 2016.] CAUSE THE NEWER ONES HAVE THE SECURITY FEATURES ON THEM VERSES THE OLD ONES AND...TO TRACK EVERY DINAR IN THE WORLD. (big grin) 8-31-2018 Newshound Guru Don961 Article: "Advisor To The Prime Minister For Finance To Imn: Iraq's Financial Coffers Increased To $ 58 Billion" Quote: "monetary policy more transparent than fiscal policy," noting that "the economy's economy created a convergence between the financial and monetary policies." Hmmm...converging of financial and monetary policies hey Mr. Saleh...what are you trying to tell us...is converging exchange rates next? 8-31-2018 Newshound Guru MilitiaMan Quote: "...We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies..." ...in fact it is a kind gesture to be so considerate at this juncture, as to almost tip his hand on what is effectively going to happen in the short term. If there were not a need to mention currencies, why do so? He wouldn't, he would if there is an all likelihood a big change or differential in currencies to come and soon, that is why.. Imo.. 8-31-2018 Newshound Guru Adam Montana [When the elections will be really over? And the new PM will be announce? They are dragging and dragging the process.] Actually, they are moving faster than they have in previous situations. I'm optimistic over their constant improvements in their political processes - it would have been nice to cash in already, but it would not be nice to have them not making improvements. Patience and a little bit of faith... sometimes both come in handy. 8-31-2018 Newshound Guru Don961 Article: "Dagher: $ 58.7 billion in Iraq's hard currency reserves and 89 tons of gold" Quote: "...And the deletion of the three zeros of the Iraqi currency, he replied Dagher that "this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation..." cool...telling the citizens and the world , deleting the 3 zeroes ain't no thang...doesn't reduce purchasing power or cause inflation in market prices...merely a technicality just replacing the big notes with more manageable numbers to use in the marketplace...and adding coins ...even though they cost more to mint...they will last longer in circulation...imo. 8-31-2018 Intel Guru Bruce [via Pinkroses] ...what is going on in Iraq...there is a super freighter...full of goods from China...They are waiting for the Bill of Lading...in conjunction of payment coming from newly revalued new Iraqi dinar at midnight...Friday night. The other thing we are hearing that the new Qi cards have been issued throughout the citizens of Iraq. Those will be activated on Tuesday. They will be available to be utilized and paid the oil revenues that are paid to the citizens, a certain percentage. I believe those payments will be available after those cards are activated which will be September 5th, Wednesday. ...The 1st is...Saturday and we are hearing we supposed to wrap this thing up at the end of the month which is tomorrow [Friday]. It is still quite possible that will happen... there is an off chance, possibility that we could get started over the weekend. We are right down to the wire. 8-31-2018 Newshound/Intel Guru BGG Where are we with this investment? ...Here are some thoughts on the current situation... So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country. I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking. How is this formation coming along? There are now two main groups competing for the chance to form the next GOI…
  24. ******************* Thursday Guru Postings ***************** 8-30-2018 Newshound Guru Bloodloch ...the Kurds would never join with Ameri and Malaki, but even if every single Kurd faction joined them, they would have just 131 seats give or take a seat after the recount, leaving them 34 seats short of the 165 they would need to dictate the formation of the new government. And while there are some Iran-friendly factions, it's also hard to imagine that Najafi would throw his 14 seats their way. 8-30-2018 Newshound Guru Bloodloch With the larger 4 axis alliances of Saron (Sadr), Victory (Abadi), Wisdom (Hakim), and National (Allawi) totaling 136 seats BEFORE adding in the 2 largest Kurd alliances -- and the 2 opposing axis of Ameri and Malaki totaling 131 AFTER adding in an ALL Kurdish alliances, which is unlikely -- the Ameri and Maliki axis would still need to run the board of almost all remaining alliances to gain the 165 needed for control of government formation. The Kurds are wielding great influence right now and are likely playing brinksmanship to get a larger piece of pie at the table, or at least the 17% of the HCL they were Constitutionally promised. 8-30-2018 Intel Guru Frank26 ANOTHER COLOSSAL LEAK ...BUT THIS TIME FROM ...ABADI!!!...THAT IS A FIRST ...IMO...HE TELLS THE CITIZENS AS THE GLOBAL INVESTING COMMUNITY WATCHES ...THAT HE IS GOING TO DO MANY THINGS FOR IRAQ AND CITIZENS ...THEN!!!...HE TELLS THE GLOBAL INVESTING WORLD THAT HE ALSO WELCOMES THEM AND WILL USE OUR IRAQ'S DINAR... CURRENCY...WITH THEM!!!...BUT RIGHT NOW THEY CAN NOT...LOL...HE IS TELEGRAPHING TO THEM THAT SOON THE DINAR CURRENCY WILL BE...WAIT FOR IT...WAIT LOL...INTERNATIONAL!!! 8-30-2018 Newshound Guru Currency365 Iraq has no option but release small notes & release purchasing power or Iran will bankrupt them with fake IQD cause Iran needs USD badly to survive...Trump set Nov 4th as the date all Allies must stop oil imports to Iran...IRAQ MUST PROTECT THEMSELVES & THEIR ECONOMY... 8-30-2018 Newshound/Intel Guru BGG [reference Guru Kaperoni post 8-29-2018, "In typical Iraqi fashion...] The new GOI being formed matters. Our main difference – I am more optimistic on the GOI formation timeline. 8-30-2018 Newshound/Intel Guru Mnt Goat ...The new government is to begin on September 6th with the first session of parliament. ...The news at this time could not get any better (except maybe telling us the RV is happening...lol ...I can assure everyone without a shadow of a doubt that the RV is NOT going to occur until we hear some solid news from the CBI on this effort...Since April the CBI has told us they are putting the “project to delete the zeros” “on hold” until AFTER the elections. So on Sept 6th it will be officially AFTER the elections. But this does not mean the CBI is going to jump all of a sudden and trigger the RV. ...They are NOT going to do this event without warning the citizens first and educating them on the new bills and coins. ...I am told that this event will be huge and circulated through the entire Iraq and that we can’t miss the articles. So we sit, relax and just let them do their business. When it is time we will know. 8-30-2018 Newshound Guru Bloodloch Article quote: "A senior Kurdish delegation is to visit the capital Baghdad for talks that have been described as decisive and may lead to the formation of the new Iraqi government." Despite the clarions of doom saying it will take months to form the new Iraqi government, I believe it will happen in relatively short time frame. The push from USA conflicts with the Iraqi's natural and very human tendency to resist being pushed around, but in the end, it will all work itself out. There is a lot of economic pressure to get this done and light this candle. Let's see what Friday brings in Baghdad. 8-30-2018 Newshound Guru chattels The CBI announces everyday the Market rate on its site, its called the ”Dollars Exchange Rate in Baghdad Markets “ and it shows perfect compliance since June. ...the CBI according to this report met 2% compliance on March 14 2018 and and has been able to maintain it to date. So good news. Many of us we unaware of the posting at the CBI and have been watching news reports. [Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-30-2018...this is within the 2% rule.] ******************* Wednesday Guru Postings ***************** 8-29-2018 Newshound Guru Kaperoni [ I apparently missed something. I thought they had fallen out of compliance this week!] No, there were reports from the media about the spread rising but the auctions had not occurred since last week due to the holiday. That rising spread certainly is a concern. Once the auction started again it appears they are still within compliance based on media reports. But then again none of this is official. The Market Rate spread in Iraq has going down a little bit today so good news after 3 days of currency auctions. Sell 1206 to $1 and buy 1200 to $1. The requirements the IMF puts on Iraq to meet Article VIII compliance can be confusing ... [Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-29-2018...this is within the 2% rule.] 8-29-2018 Intel Guru Bruce …I know everyone out there is sort of tired of this ride. Let’s be honest. We all are…Everybody is ready for this to go. We have been ready. However, this is a process and we know there are a lot of moving parts. Sometimes parts come in that we haven’t considered, we weren’t aware that was something that needed to be done, one more thing, that kind of thing. This has been something that has evolved and moved and it is not easy to track and get all the puzzle pieces. You wonder at times who is really in control of this…We are getting closer and closer to figure out what this process is of release… 8-29-2018 Newshound Guru MilitiaMan Article: "Summary of the weekly conference of Prime Minister Haider Abadi" So we see Abadi refer to what was required by Al Sistani since 2014 and those goals are and have been achieved. That is not coming from a defeated Prime Minister's point of view. It is coming from the new and welcomed Prime Minister for a Second term, as I see it. It goes on to make a very substantial point to the his people, regional interests and the world. He is making it known that he has the citizens in mind with respect to abiding by sanctions on Iran while at the same time maintaining a respectful stance towards neighboring countries and their currencies. 8-29-2018 Newshound Guru MilitiaMan ...Keep in mind when Iraq re-instates her currency, it may have a very huge impact on the economies of other countries that may be under duress from various and obvious reasons with their respective currencies. The fall out may be very substantial...and in fact it is a kind gesture to be so considerate at this juncture to almost tip his hand on what is effectively going to happen. If there were not a need to mention currencies, why do so? HE wouldn't, he would as there is in all likelyhood a change to come and soon, that is why.. Imo. 8-29-2018 Newshound Guru Breitling …Iraq is in a good position. Even with their currency at a tenth of a penny. There is no bad situation here. It simply does not exist. The currency is strong even at a tenth of a penny. They are using it for a purpose at that rate. There is a reason the CBI, the Ministry of Planning, the Ministry of Finance and parliament went to the IMF and said, "Hey, we want to start raising the rate, what do we need to do? What positions do we need to be in?' And they kind of gave them a charter in order to do that. It’s very simple. They haven’t gone off the reservation on that at all... Since I’ve gotten involved in this investment or this opportunity, it has not changed at all…it’s a timing issue and it’s related to the markets… 8-29-2018 Newshound Guru Kaperoni In typical Iraqi fashion...I believe things are now being delayed due to the lack of formation of the government which has direct impact on currency reform, opening the banking system, inviting foreign investment. We also learn from one of our members who contacted the IMF that the Article IV Consultation has been delayed until the formation of the government. And if what we believe is correct - that nothing will occur until after that consultation it seems like we're just have to wait a few more months. And of course all the while keeping a watchful eye on the CBI currency auctions to make sure that they stay in compliance under the IMF requirements for Article VIII acceptance. 8-29-2018 Newshound/Intel Guru Mnt Goat IS ARTICLE 140 NEEDED PRIOR TO THE RV? The news media from Iraq is now saying 140 has to be done based on news that Kurdistan has negotiated this into the election. What did this Article 140 deal mean? Does it mean that it must be “fully” implemented then prior to the RV? No! ...It did NOT say that full implementation would be accomplished right away, thus maybe not before the reinstatement and RV could happen (but maybe before since no one really knows). It did however say that “full” guarantees had to be given that the referendum on this topic, according to the constitution, would have to be drawn up and presented to parliament. A timeline would also be guaranteed. ...Also, the last part of HCL is on this list of needed laws. 8-29-2018 Intel Guru Frank26 IF I COULD GIVE YOU A TITLE FOR THE MONTH OF AUGUST I WOULD CALL IT..."GAME ON"... GOD ONLY KNOWS WHEN THEY WILL RI...BUT THEY ARE TRYING TO TELL YOU...THAT THEY ARE GOING TO...IMO. ...FROM THE 3RD TO THE 10TH WILL BE LOUD ABOUT...JUSTICE AND...ABOUT THE CURRENCY OF IRAQ...SOMETHING'S HAPPENING...AND YOU KNOW IT...WE HAVE NEVER BEEN ON THIS GROUND BEFORE...INDEED...GAME IS ON....
  25. 8-28-2018 Newshound Guru Adam Montana ...the one thing that is missing, now that the Elections are mostly concluded, is HCL. I know I harp on that a lot, but it's truly the one thing I see that MUST be done in order to have a successful RV. 8-28-2018 Newshound Guru Walkingstick Article: “Legal expert: If the first session of the parliament is not held, the president will set a new date” [Say it ain’t so that Massoum can put off the Sept 3rd date. Am I reading this correctly?] No...he can not... ...The article, is not...referring to Masum...changing the date... But, setting a new date if a quorum is not met. 8-28-2018 Intel Guru Frank26 [highlights via Clare] Iraq...don't mess up! USA is in control...Don't mess up with Debt or Inflation or Iranian influence on the Auctions or with Debt on the Budget... we will impose Sanctions & Bring in more Military if you do!! ...Pressure to do something NOW! 6-8 banks in Iraq under suspicion of funneling $ to Iran...UST wants them to RI NOW! In so doing, shuts the tool which is, misuse of the CBI Auctions...They are being told STOP THE AUCTIONS which is the definition of the RI of the currency. Abadi & Cabinet are the Executive Branch! They are important to the RI not the Parliament...Sept. 3rd seat GOI & Sept. 5th HCL in effect for Citizens...on cards. 8-28-2018 Intel Guru Frank26 WS [Guru Walkingstick] brought us Exchange website with 127 countries...they are positioning right now...But once they RI...volume will be volatile...trading will explode...this introducing is for Global Markets! ...when Central Banks saw that...CBI telling Countries it's a form of Declaration of confidence of the IQD! The pairing was not done for nothing! It shows the final stages of the Monetary Reform...The only tool CBI has been using is the Auctions & Art 8 in order to stay + or - 2%...But if they RI they will be given more tools to maintain 2%. Talk within circle of CBI & all Private Banks & understanding is...they will get official nod when to prepare... ALL Banks around the world...every Bank on this planet is connected to the CBI...wow! 8-28-2018 Newshound Guru Currency365 MAYBE THEY'LL ANNOUNCE IT MONDAY? [Largest Block ?] ...Fuad Masum issued a decree calling the House of Representatives to convene Monday 9-3-18. The session shall be chaired by the oldest member. The decree shall be implemented from the date of its issuance and published in the Official Gazette. 8-28-2018 Newshound/Intel Guru Mnt Goat So today [Monday] we are told that Iraq is supposed to announce the largest bloc and give their line-up of candidates for the needed govt positions. I suspect if they don’t get these votes committed from the KRG to the Sadrist Movement soon this may stall the announcement and they may even go right up to September before they make it. We wait and see how it plays out. 8-28-2018 Intel Guru ADMINBILL So here we are after another weekend with high expectations once again with no RV. Next stop, Labor Day Weekend? Let's see what develops today and through the week...There is absolutely no reason to be down in the dumps...! 8-28-2018 Newshound Guru Breitling We alway get this question, “One day it’s going to revalue in Iraq and all these Iraqis are going to be instant millionaires…” Its’ doesn’t work that way…what happens is that you and I used the US dollar to purchase the currency…at a tenth of a penny. The Iraqi’s were given that currency. So the market inside Iraq reflects that tenth of a penny. In other words if you go down to buy a coke or candy bar…it’s based on an economy based on a tenth of a penny. What do you thinks going to happen when the value of the Iraqi dinar goes up to a buck? 8-28-2018 Newshound Guru Breitling ...Do you think the coke and the candy bar are gong to stay at a tenth of a penny? Yeah, then they would be millionaires inside of Iraq. But it’s not. The coke and the candy bar are now going to be worth a US dollar. So they don’t gain like you and I gain. We bet with the US dollar and they did not…Price of real estate, prices of goods and services, the labor force, everything will follow the value. For some reason people confuse that. You and I bought at a tenth of a penny out of a US dollar. So that is where we get our gains... 8-28-2018 Newshound Guru Kaperoni The media in Iraq is reporting an increase in the spread today [Monday]. Sale of dollar is 1220 to $1 and purchase of dollars is 1210 to $1. It looks like the CBI has fallen out of IMF compliance. Continue to monitor. [Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1207 as of 8-28-2018...this is within the 2% rule.] 8-28-2018 Newshound/Intel Guru BGG Where are we with this investment? It’s something I get asked all the time. So many have been wrong – me included. Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country. 8-28-2018 Newshound/Intel Guru BGG I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking....Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.
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