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  1. 10-18-2018 Newshound/Intel Guru Mnt Goat Right now we are waiting for the new designate PM to form his government, which is his cabinet of ministers that run the government. We know the constitutional deadline is Oct 24th in which to do this. The new speaker just told us...that he fully expects to hold a vote to ratify the new cabinet within this timeframe. We know the USA refuses to sign off and give a full commitment to reinstate the dinar unless they see a stable new government. One of the conditions they have give is to form their new government. Iraqi news reports that Prime Minister-Designate Madhi will present his cabinet choices on Saturday Oct 20th and Parliament will hold a special session on Sunday for voting. 10-18-2018 Newshound/Intel Guru David M. Witty In Iraq, source says Maliki is thinking of withdrawing from the new government formation process. Previously it was stated Maliki would maintain his position as deputy president in new government. 10-18-2018 Newshound/Intel Guru Mnt Goat We all are aware that the dinar, as it stands today, is worth much more than the program rate now assigned by the CBI. But this higher rate must be realized by supply and demand for the currency. Just be reducing the amount of dinar in circulation down from about 150 trillion to 44 trillion dinars alone is showing us the CBI is serious about this plan. It is only when the dinar is re-pegged to the SDR basket and then gets reinstated to the open market trading platforms once again, as it was in pre-war days, that the dinar can potentially go to a much more substantial rate. Many call this the “revaluation” or RV but technically an RV never really happens. It is a “reinstatement” that occurs that eventually gives the dinar back it former rate (glory days) plus more. 10-18-2018 Newshound Guru Phillyman ...Abdul-Mahdi is supposed to finally present at least half his cabinet next week but as I read in one article there still are issues. Quote: "According to the sources, the debate is still large on the ministries of defense and interior and foreign affairs and finance and planning..." But, the big article of today to me is the GE news...The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said. Article quote: “This is part of very strong campaign of engagement in Iraqi government formation and a very targeted effort to support the Iraqi government and minimize Iranian influence,” 10-18-2018 Newshound Guru Adam Montana Article: "OPEC Secretary General calls on oil producing countries to increase production" ...It was not too long ago that the "Oil and Petroleum Exporting Countries" came to an agreement (unanimous, if I recall correctly) to work together on regulating the production of oil, as a sort of "emergency" measure to keep the markets under control in some uncertain times. They all agreed to control their production. They made a big deal out of it. Iraq's position in this agreement is HUGE... mostly because they are barely even mentioned in all 39 of those pages!!! ...(post 1 of 2)...Reposted.. 10-18-2018 Newshound Guru Adam Montana Iraq, with a very significant chunk of the black gold available to us on this planet, somehow slipped through the cracks and didn't even have to raise a hand in agreement with this major agreement that was put in place by some tiny insignificant countries like Saudi Arabia, Kuwait, wait a minute... those are NOT tiny or insignificant! Quite the opposite, in fact - they are major players. Some of the OPEC members have substantially less resources than Iraq. This is important to remember because to this very day, Iraq has not made any promises to abide by the current agreement. This gives them the full ability to stockpile reserves, and flood the market at a moment's notice, which could bring in an enormous pile of cash to use in any way they want...You know, like... funding an RV. ...(post 2 of 2)...REPOSTED..
  2. 10-17-2018 Newshound/Intel Guru Mnt Goat THE PROJECT TO DELETE THE ZEROS IS IN MOTION...We are now seeing the very slow transition to the dependence on the smaller denominations as part of the plan. We know this is within the last steps of the plan. Soon they will launch out the next set of even yet smaller, smaller denominations...the initial removal of the 3 zeros will not impact the rate. ...They are not reducing the value or increasing the value of the dinar within the “initial” stages of the plan to delete the zeros. ...initially the rate in country will come out at about 1:1 for about 2-3 weeks prior to us seeing it on the global trading platforms. This gives the CBI time to monitor it and adjust for inflation. Then when it does finally come out on the exchanges, it will be adjusted to the new SDR basket and put on a float (as all currencies on the exchanges are on a float). There will probably be a fixed cap (a predetermined maximum rate). 10-17-2018 Newshound Guru Kaperoni I assure you nothing is going to happen with the dinar until the government is formed and parliament passes the necessary delinquent laws. I also expect the IMF to meet with the CBI. I have said on numerous occasions IMF Article VIII is critical to opening Iraq's banking to the world's Financial system. I don't see that happening until after the IMF meets with the CBI to have their Article IV Consultation which has been postponed til the formation of the gov. 10-17-2018 Newshound Guru Walkingstick [via Clare] A Sovereign Currency for a Sovereign Country...When a Governor puts a signature on currency it's because preparing to leave and go International / Global markets...Table has turned... CBI saying we are getting it Done! So much in place ...Very impressive...GOI tipped their hat by supporting Alak's signature...GOI is saying currency is going international...IQD is going to change the face of the global market, because of a Basket! 10-17-2018 Newshound/Intel Guru Mnt Goat CURRENT TARGET DATE BY THE CBI: I want everyone to understand that I have always been telling you that they are now targeting to reinstate the Iraqi dinar by the end of October (of 2018) and if they don’t do it then they know that they could be in jeopardy of having to wait into EARLY 2019 due to possible instability that may be caused by the ramped up new Iranian sanctions. This part of the plan to delete the zeros is not something you just snap your fingers and its done. 10-17-2018 Intel Guru Bruce [via PinkRoses] ...it seems to an extent that we are waiting on Iraq to flip the switch for their own evaluation of their dinar publicly. We know it has been going up in value in country and on their debit card, the so called Qi cards for months now. We know it has not been made public on the CBI or anywhere else. ...Where we are is Iraq’s Prime Minister Mahdi is to select or has already selected the cabinet for the Parliament, his cabinet. That is to be given over to the Parliament to vote in on Sunday. Now that is for I believe is for something of a formality. I think what has happened is President Trump had a conversation very early in the morning...with Abadi to get this thing done in terms what Iraq needs to do with their Parliament, the seating of it, to have that done as well as their rate out published in 48 hours. I believe they are going to do that...(post 1 of 2...).. 10-17-2018 Intel Guru Bruce I have heard they wanted to adjust the rates over the next day or two. Either Wednesday or Thursday they should have those where they want them to be for us to go. The rates are being traded upwards. So I am excited where we are going. We are coming up on it. I would say the intention is for this to go down in the next two to two and half days. Simple as that. I know in Iraq they have plans to celebrate... Wednesday, Thursday, and Saturday. I think they are ready for something to pop over there or they wouldn’t be setting up celebrations. People are excited about it. The ones we are talking to over there are excited about it, and they see this happening...(post 2 of 2)... 10-17-2018 Newshound Guru chattels Article quote: "The government is forming smoothly and we are confident that the government will be formed before the constitutional deadline expires," The constitutional deadline expires on November 2/3 depending upon the news that one reads. 10-17-2018 Newshound/Intel Guru BGG Article: "Commission likely to announce the final results of the parliamentary elections by this date" Quote: "The spokesman for the Electoral Commission for Elections and Referendum in the Kurdistan Region, Monday, announced the final results of the parliamentary elections in Kurdistan within 5 to 7 days." There is a reason they haven’t been very forthcoming with these results… we shall soon see why.
  3. 10-17-2018 Newshound/Intel Guru BGG Article: "Commission likely to announce the final results of the parliamentary elections by this date" Quote: "The spokesman for the Electoral Commission for Elections and Referendum in the Kurdistan Region, Monday, announced the final results of the parliamentary elections in Kurdistan within 5 to 7 days." There is a reason they haven’t been very forthcoming with these results… we shall soon see why. 10-16-2018 Newshound/Intel Guru Mnt Goat Article quote: "...the Financial Advisor to the Prime Minister confirmed the appearance of Mohammed Salih on Sunday that the sovereign wealth fund (now 20 trillion dollars (not dinars) will be launched next year 2019 after the implementation of the law of the National Oil Company, noting that the fund will be used for development purposes directly." Talk about “financial stability”? WOW! 10-16-2018 Newshound Guru Kaperoni‏ Another article states...Iraq is going to have a great economic renaissance and investment from non-oil in the coming period. Let's hope. 10-16-2018 Intel Guru RayRen98 Iraqi news reports that PM Madhi will announce his complete cabinet on Thursday or Saturday. Bankers are meeting later today to discuss the release details and expected date of the RV. 10-16-2018 Newshound Guru Breitling If I see there is no path at all. I have no problem of telling you, ‘Hey guys this probably is not going to work out.’ I have absolutely no problem telling you all knock it off and get out. I’m not emotionally, physically, anything,attached to this. I’m speculating and I’m watching the numbers. Now I happen to think it’s going to revalue and I have absolute confidence that it’s going to. And you guys know why… because I’m showing you the numbers. I keep going over it over and over again. Absolute confidence...(Post 1 of 2)...More to follow... 10-16-2018 Newshound Guru Breitling …But if anything ever comes up…I will say hey guys shut it down, get rid of your dinar at any rate you can because it’s not going to revalue. I promise you that…nothing has changed. If the CBI has not put anything out then nothing has changed…unbelievable happy situation for us what Iraq wants to do…what Iran is plotting for Iraq to do. That’s what they want. All of a sudden it’s a big deal for Iraq to revalue because they can benefit from it. Why? Because their country is being shut off from the world. That’s a huge plus for us. You should be excited. I’m not kidding, you should be very very excited because it means something. Now what’s the rate and what’s the date it’s going to come out? I haven’t got a clue…(Post 2 of 2).. 10-16-2018 Newshound Guru chattels Eight days remaining for Mahdi to meet his targeted date of October 24 to form the next government. 10-16-2018 Newshound/Intel Guru Mnt Goat Article quote: "The initial draft of the budget law of 2019 INCLUDED A MAJOR ECONOMIC BOOM FOR THE COUNTRY. THIS INCREASE IN INVESTMENT SPENDING, WILL REVIVE THE PRIVATE SECTOR AND INVESTMENT IN THE COUNTRY, which contributes to increase the recruitment of labor and reduce unemployment rates in the country.” 2018 budget was based on $45+ for a barrel of oil. Oil is now almost double that amount $70+. So there is a huge surplus of oil revenues. Iraq is not only swimming in oil they are also swimming in mullah (money).
  4. 10-15-2018 Newshound Guru Shredd Article: "Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion dinars" Quote: "The Central Bank of Iraq, on Thursday, that the deletion of zeros is still in place, indicating that the amount of cash mass in the market is 44 trillion dinars." Great to see this. We've talked a ton about this over the past several years. If this project continues, that means sufficient stability is achieved and that's exciting news. 10-15-2018 Newshound/Intel Guru Mnt Goat We know that much is changing... There is much in our favor and Iraq is more equipped to reinstate their currency now more than ever...It seems all indicators are VERY good that the CBI is targeting EARLY 2019 for the reinstatement of the Iraqi dinar... 10-15-2018 Intel Guru RayRen98 On Sunday, Iraqi TV reported that several members of Parliament are planning to refuse some of the names already submitted by Mahdi. If they do, the Prime Minister-Designate will have 30 days to get those names replaced. 10-15-2018 Newshound Guru Bloodloch Article: "CBI: No intention to withdraw new currencies" Quote: "The bank stresses that efforts are continuing to introduce more small paper classes..." More small classes. Plural. Fascinating. That's All Folks - Sleep Well..! RON
  5. From late Sunday Night: 10-14-2018 Intel Guru Frank26 ...if we see any more GOI seating, which we feel in our opinion, we’ll see, some AMAZING names, come up very soon. Theres also something else that we should see between now and next Monday. In my opinion, look for Mahdi to meet with the Central Bank of Iraq. 10-14-2018 Newshound Guru Don961 [In this article it states "Abdul Mahdi has 30 days to form his government and is likely to succeed" When did the 30 days start?] Nov. 3 is the end of the mandate to form a cabinet ... it can be satisfied any time before that of course. 10-14-2018 Intel/Newshound Guru sandyf Article quote: "Experts predict this announcement will trigger one of the most profound transfers of wealth in our lifetime." That was a quote from an article being discussed a few days ago. I said a while back that there were indications from outside dinarland of something positive this year and that is still the case. ...Obviously nothing is cast in stone but optimism is higher than ever before but not going to say too much in public. Early Monday Morning: 10-15-2018 Newshound/Intel Guru Mnt Goat Article: "LATEST CURRENCY CRISIS IS A FABRICATED, A POLITICAL SENSATION AIMED AT HITTING THE NATIONAL CURRENCY AND THE NATIONAL ECONOMY" I would suggest everyone ignore...these articles about the new format of the currency and the signatures issues. The formats are all approved probably months is not years ago. So what is important in this article for us then? They are telling us the timing of the reinstatement is important as it coincides with high oil prices. Did I not tell everyone that this was something we had to look for and dependency on the timing? ...High Oil prices is part of having the “appropriate environment” for the RV. 10-15-2018 Newshound Guru Breitling Anyone can have an opinion on the Iraqi Dinar, up or down. It does not matter. That is not illegal…two, it is not illegal to sell Iraqi Dinar…Iraq is a country. It’s their currency. It’s not a scam. It’s a country’s currency…this is a legitimate opportunity. We are speculating on the time and the rate. It’s nothing but pure speculation… It's the CBI. They have the authority…Did the CBI put out a statement saying they were not going to revalue their currency? That they have no plan at all to add value to their currency? What about the Ministry of Finance? What about the Ministry of Planning? What about Parliament? That kind of narrows it down. You have four solid entities that you can watch…that you can get a bearing. It’s that simple…what matters is what the CBI says…the news coming out of Iraq is phenomenal..!
  6. 10-14-2018 Newshound Guru chattels Article quote: "The new government will include independent ministers and other representatives from major parties, who will be selected before the deadline Abdul-Mahdi set on October 24." So, it appears that the constitutional deadline is November 2nd, but Mahdi has targeted October 24th as the date for the formation of the new/next government. 10-14-2018 Newshound Guru Currency365 Mohammed Saleh on Sunday said that the sovereign wealth fund will be launched next year after the implementation of the law of the National Oil Company, noting that funds will be used for development purposes directly...#iraq got money like crazy but pretend they poor LOL..! 10-14-2018 Newshound Guru Breitling …If it doesn’t come from the CBI crumble it up in a little ball and throw it in the…trash..! Because it means nothing. Remember, the authority comes from the CBI. If it does not come from the CBI, it does not exist…one of the scenarios out there, what if they do produce new notes? Like a 1000 note or the notes that are already out there that we have? There is nothing wrong with that. They gotta replace the currency sooner or later with new currency. This stuff gets damaged, it gets old…they honor different people or different heritage sites…that’s one of the new currencies coming out in Iraq - SUPPOSEDLY..! Again I have not heard that from the CBI…it definitely didn’t come from parliament…It didn’t come from the Minister of Planning…It didn’t come from the Minister of Finance. So that’s pretty much it. You have the entities that can point Iraq into a certain direction and you have the actual entity that performs and manages it. That’s the CBI. Nothing in these articles say they’re in line with these entities… 10-14-2018 Newshound Guru MilitiaMan Article: "University of Ceyhan to host a symposium on the Iraqi currency next Monday" Quote: "the lecture will be about the importance of enhancing confidence in the Iraqi currency in light of the major challenges facing the global monetary system as a result of the economic war between the major powers." A high level show and tell on Monday, interesting. Timing of the 2019 budget that needs to be addressed by the HOR by the 15th, Monday. Confidence comes from a strong currency and 1190 is not strong, by any stretch of the means. An international rate (calculation) applied accordingly along with the new small categories with metals will do the trick, just as the economist told us that he doesn't mind the Alak signature on the currency, just get it to, or at least 1:1... LOL..!! Any later reasonable guru posts will be added as a REPLY, so check back after 9 PM EDT. Blessings....RON
  7. 10-13-2018 Intel Guru RayRen98 On the Iraqi TV news, Prime Minister-Designate Madhi was stating that his cabinet will be selected and in place within the next 10 days. Parliament held its meeting today and announced the names of all of the new committees. 10-13-2018 Newshound Guru Phillyman ...I listened to [Guru] Breitlings latest. For what its worth he believes that Iran would support the RV (or whatever you want to label it) due to the major squeeze that the US and sanctions are putting on them. As you know, sanctions really notch up in November. I...found this article which just showed up in Iraq Business News to give me pause. "Iran ready to establish joint bank with Iraq" Quotes: "Iran’s private banks have reportedly laid the groundwork for setting up a joint bank with their counterparts in Iraq."; "...the bank would operate under the regulations of central banks of the two countries to facilitate money transfer." [reference Guru Breitling 10-13-2018] 10-13-2018 Newshound Guru Kaperoni Do y'all remember back in 2012 when al-Maliki ran the current CBI Governor Shabibi out of the country? Well in recent days the uprising over Ali al-Alaq signature on the new printed notes has the smell of Maliki. What I mean by that is all of the complaining that he didn't have authority to put a signature on the new notes, and now the recent lawsuit against him for doing so seems like an attempt to stop progress and monetary policy and its tracks. I may be wrong but this looks like an opportunity for Maliki to run Alaq out of his proxy CBI position just like he did Shabibi and slow down the CBI's attempt to develop banking and engage it with the world's financial system. Maliki has already found out that the best way to stop progress is to run the governor out of the CBI as it would set back progress several years. I hope I'm wrong and this is something that blows over in a few days and we can get back to taking steps forward. 10-13-2018 Newshound/Intel Guru Mnt Goat Article: "CBI SAYS... "PROJECT DELETE THE ZEROS OF THE IRAQI CURRENCY STILL STANDS," So the CBI...confirmed...that the plan was derived in 2011 and then postponed the last time in 2014 due to ISIS...The mere fact that: 1. the CBI is now taking action on the issuing of these new formatted smaller category notes; 2. this news in this article; 3. along with the timing of all of these items is telling us that the CBI is going ahead not [now?] with the project to delete the zeros. ...they did in fact shrink the money supply from about 130 trillion dinars to 44 trillion dinars. Now they next move is to convert the 44 trillion to 44 billion by dropping 3 zeros. 44,000,000,000,000 - goes to 44,000,000,000. This is all VERY good news and we should...getting our champaign chilled. Again I say let’s look for the 50 and 100 dinar notes to come out along with the coins. This will be our sign they are about to reinstate the currency back to the global exchanges for public trading. 10-13-2018 Newshound Guru Breitling Nothing but positive news, very very good news…very happy…coming out of Iraq…The articles coming out of Iraq and what they are going to do with their currency…All of a sudden you hear massive talk from Iran and the Shia inside of Iraq, ‘Hey maybe it’s a good idea that the dinar revalues.’…it’s exactly what I talked about before all of this went down a couple months ago. They are going to have to decide if they want to do business with the biggest economic engine in the history of all mankind, with the strongest currency that has ever existed in the history of all mankind and the biggest markets that have ever existed in all mankind or they can do business with…Iran. Now there’s a decision for you right? That’s what’s happening. This whole thing has to do with what Iran can have access to. They basically look at Iraq as their piggybank. So not only do they want to get as many US dollars out of Iraq, now they’re also saying, ‘Hey, it’s probably a cool idea…Iraq revalue it’s currency.’ It’s not just small talk…They are trying to add value to the currency. 10-13-2018 Intel Guru Frank26 He [Guru Walkingstick] said “When the second article comes out, with all the information, it literally tells you, we’re reinstating our currency. Yesss...! They can come out with the rate change at that time.” But he’s telling me “No. This must NOT FAIL with the citizens! This must be perfect with the citizens! They are willing to continue baby-step them, and treat them gently, in introducing what they need to do.” ...We are not waiting for the reinstatement of the Iraqi dinar. We are now WELCOMING IT! 10-13-2018 Newshound Guru G-Lin Maliki has been the biggest resistance to the monetary change since 2010. I think this new parliament may take Iraq in a new direction. JMO. Have a good night everyone...RON
  8. 10-12-2018 Intel/Newshound Guru sandyf "Delete the zeros" or redenomination will take some time to prepare for implementation, usually about 2 years. In the meantime there are positive indications for a very good Christmas. 10-12-2018 Intel Guru Frank26 So the next part we’re looking for...and we already know this, but it’s the second article. It will give them the date of when the value is going to go up. It will tell them when they have to go to the bank. It will have the pictures of all the New Small Category Notes and the Coins, with the descriptions... It’s even going to explain to them why they are reinstating their currency. 10-12-2018 Intel Guru RayRen98 CBI Interim Governor and Board members will meet with Prime Minister designate Mahdi today. (Hmmmm, I wonder what’s up?) Is Mahdi being sworn in today? We’re still awaiting an answer to that one. [What does the Oct 24 date have to do with us?] No more excuses after Oct 24 – supposedly. Let's see if something exciting happens this weekend. 10-12-2018 Newshound Guru Bloodloch If the CBI does release notes in the 1 dinar to 100 dinar range in the near term, and if there is not an immediate and significant positive change in the exchange rates of the IQD to other national currencies, and I suspect there won't be, don't panic. There may be a very good reason for any significant changes in the exchange rates to stall for a short time while 40 million proud Iraqi citizens get acclimated to their new legal tender. It is vital that any possible release of new classes of currency be done in a way that maintains economic stability for all Iraqi citizens first and foremost. 10-12-2018 Intel Guru Delta We know that they are about to make their move. For them to print Lower Denominations, even the 250, 500, and even the 1000, this give you an indication that the rate has to increase. But definitely a lot of stuff going on. It looks like, for the suitable environment, like you said, and that is an excellent point. It looks like the CBI the rates will start gradually to make their move and we’ll see what the next move is going to be...(post 1 of 2)... 10-12-2018 Intel Guru Delta For them to place more 1000 dinar notes, this gives you the indication that the 3 zero deletion, is coming off the exchange rate. Not from the currency. Otherwise, they never would have printed these. It’s not even a question now. Why they’re printing the 1000 dinar notes if they are going to get rid of them? Because it’s going to come off the exchange rate, and not from the currency by itself. This is really good news! This is a brilliant idea. Now for us of course, this is very important, but of course, we are waiting for the events for them to change the rate. We do believe, that along the way, the rate will change before they introduce the other Lower Denomination. That’s what we are looking for right now....(post 2of 2) 10-12-2018 Newshound/Intel Guru Mnt Goat Article: "CBI CONFIRMS ON MONDAY OCT 8TH THAT THE CURRENT BANKNOTES OF THE CATEGORIES (25000, 10000, 1000, 500 AND 250) WILL CONTINUE TO BE TRADED WITH THE NEW CATEGORIES ISSUED BY THE BANK WITHOUT ANY INTENTION TO WITHDRAW THEM" ...We are NOT going to have an RV in the month of October or even in November. Our next possible window is maybe December or January... So the last move of the CBI is just reissuing the same denominations already in circulation (20k, 10k 250, 500 and 1000). Yes, this is significant in a way since they are putting “LARGE AMOUNTS” of these smaller categories namely 250, 500 and 1000 which means the citizens are taking to them and using them as petty cash. It is a slow process to get them to use them in daily transactions of small purchases instead of using the larger 3 zero notes and then having to make so much change all the time. But we know at some point the CBI will have to reinstate the dinar and give it a market rate so it can properly function and be traded globally. 10-12-2018 Newshound Guru Currency365 Al-Khakani [economist] stressed need to activate small notes for economic & financial benefits for the Iraqi consumer, including category 50 & 100 dinars...
  9. As of 10:55 PM EDT... 10-11-2018 Intel Guru Frank26 Remember...I told you that the most important thing for us is to see that the Lower Denoms’ get replaced...Because they’re worn and torn...And it’s really important, as part of the Monetary Reform, the redenomination. Well, Lo and Behold...What did you see...An article that tells you that they have distributed the 250, the 500, the 1000… the Lower Denoms! ...We really felt that it would be this week, that they would release the lower denoms...the 250, the 500, the 1000...But…(post 1 of 2)... 10-11-2018 Intel Guru Frank26 ...the article, that came out last month, not only said about this happening, but they also said that after that, they would be introducing the new smaller category notes. ...In other words...in my opinion, right there, they just telegraphed, that next week, or within this month, very shortly, the NEXT GROUP is going to come out! The Small Notes, the 1, the 5, the 10, the four coins…the one that requires a change in the rate! This is HAPPENING...right before our eyes! And all because, the Final Suitable Environment has been established within that government.In my opinion...(post 2 of 2)... 10-11-2018 Intel Guru RayRen98 The Central Bank of Iraq (CBI) reports that deleting the 3 zeros is still intended to take place (and possibly soon).This project was targeted for launch in 2011 and met political opposition and then again 2014, but was postponed due to ISIS. Iraqi TV reports that October 24 is the deadline for cabinet submittals, then Parliament will vote on the received names. Reports indicate that Prime Minister-Designate Madhi and his members are prepared to meet the October 24 deadline to complete the cabinet and send to Parliament for approval. 10-11-2018 Newshound/Intel Guru Bluedog CAN'T STOP THE FEELING!...To what's coming, and now we need to get ready... and prepare NOW... IMO. 10-11-2018 Newshound Guru Bloodloch Newshound/Intel Guru Mnt Goat quote: "...the day the reinstatement occurs and the rate changes they are NOT dropping the three zero's and 5,000 will not become 5 and 25,000 will not becomes 25 in-country or out of country. The CBI has told us many times over and over again in multiple articles that these older 3 zero notes will “coincide” with the smaller category notes." I agree 100% with Mt Goat's statement.Upon reading, it occurred to me that I may have been unclear in one of my earlier posts. ...some may have thought that I was suggesting they were simply going to drop the 3 zeros from their existing currency. Not at all....(post 1 of 2).... 10-11-2018 Newshound Guru Bloodloch What I do believe is that they may be preparing to issue VLD (Very Low Denomination) classes of currency in addition to the three-zero notes, the latter being phased out in the natural course of almost 40 million Iraqis going about their daily lives, buying and selling, earning and consuming, transacting normal business in favor of the new, dimensionally smaller, lower face value, maybe even prettier and more patriotic, VLD notes. It is possible this gravitation could have a pronounced effect on various macroeconomic values and ratios, which may, in turn, have further pronounced effects on things like intrinsic values and purchasing power, all occurring at reasonably controllable, predictable speeds. And if this turns out to be true, it might end up being said in retrospect that never was the term "less is more" more profoundly appropriate...(post 2 of 2)... 10-11-2018 Newshound/Intel Guru Mnt Goat ...the day the reinstatement occurs and the rate changes they are NOT dropping the three zero's and 5,000 will not become 5 and 25,000 will not becomes 25 in-country or out of country. The CBI has told us many times over and over again in multiple articles that these older 3 zero notes will “coincide” with the smaller category notes. In fact just the other day an article came out and they reinforced this policy again. I quote from the article – “The Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars, stressing that he will continue trading circulation of cash currently traded from the above categories with the new categories WITHOUT ANY INTENTION TO WITHDRAW FROM CIRCULATION.”...(post 1 of 2).... 10-11-2018 Newshound/Intel Guru Mnt Goat ...It is clear as day that these 25000 and 10000 notes will coincide with the 250, 500 and 1000 and even yet smaller notes later. The project to delete the zeros is now underway and has been underway. This is not about a LOP in or out of country. It is literally NOT going to drop the three zeros from the currency that already exists. This is a figurative statement in that the newer smaller category notes will REPLACE the older 3 zero notes in everyday, common use by the citizens. That is all this statement means. ...They then will have to raise the rate once the economy and political environment is “suitable” to do so...(post 2 of 2)...
  10. The previous Guru Opinions dated 10/10/2018 is actually for Tuesday 10/09/2018 but posted Wednesday morning - unable to change date in title. 10-10-2018 Newshound Guru MilitiaMan Article: "Karbouli of the relationship: I will accept to put your picture if the dinar is equal to the dollar" I wouldn't be surprised that tomorrows meeting in parliament, with Mahdi, Alak and CBI Board members could not only pave the way for new small categories, but, a new seated CBI Governor.. Take a bow Alak... lol Just thinking out loud...He did get a recent award for doing a fine job?? Now he has his name on the Currency. I don't buy that was a mistake or even will be costly for him. In fact, it looks more like it was planned, as the CBI board would know the legalities of such a move and knew of the consequences of their actions. I pray those consequences are one nice new internationally recognized rate less a few zeros... imo Lets let the dust settle from tomorrow and see if they expose the new smalls once the banks in Iraq close, like they did last Thursday.. I like Sundays too.. lol. 10-10-2018 Intel Guru Frank26 Article: "Karbouli of the relationship: I will accept to put your picture if the dinar is equal to the dollar" THE KEY IN THE ARTICLE IS THE AVOWAL OF A...1 TO 1!!! IMO...ALAK HAS NEVER WANTED HIS NAME / PIC ON THE CURRENCY...BUT HE DOES NOW...WHY? BECAUSE IT WILL NOT BE PART OF A PROGRAM RATE CURRENCY...AND HE NOW WANTS TO BE A PART OF IRAQ'S HISTORY...FOR THIS NEW CURRENCY WILL BE FOREVER REMEMBERED AND STUDIES IN IRAQI SCHOOLS AND THEIR MARKETS!!! ...ALAK SIMPLY WANTS TO BE SIDED WITH THE SUCCESS OF IRAQ INTO THE FUTURE. SO DO WE AS IQD INVESTORS...(wink) THE TIMING OF THE REASON...THE KEY. 10-10-2018 Newshound Guru Adam Montana Iraq, in a rare move that surprised many..., appointed a President (Barham Salih) and the newly anointed one promptly gave us a new Prime Minister, Adil Abdul Mahdi...TWO accomplishments in one swift move? In the same week!? ...Believe it or not, it happened, and we’re off to the races. ...let’s remember what this really comes down to… OIL. For us to profit off of a rise in value on the currency of Iraq, they must raise the exchange rate. ...A revaluation of their currency was a long shot in 2008, but it was certainly possible. Now, in 2018, it’s much less of a long shot. In fact, with the complete passage of the HCL, it’s almost a certainty...(post 1 of 3....stay tuned)... 10-10-2018 Newshound Guru Adam Montana According to the Iraqi Constitution, the new PM has exactly 30 days from taking the role to seat/appoint/select the new GOI. For those of you new to the discussion, that means nothing… if it takes longer than 30 days, nobody is getting hanged, tarred and feathered, or anything else. I expect to see the job 80% done inside the “mandatory” 30 days… but that 80% is probably enough for the job we need done...Follow recent history over the last couple years, glance at the recent elections, then compare them to the elections that were held over 10 years ago when many Iraqi Dinar holders first heard that there was an opportunity for the Dinar to regain it’s former value… OH. WHAT. A. DIFFERENCE! ...they have control of their systems. They didn’t have to call for help on anything. And that is EXACTLY what we want to see, what the world wants to see, in order to support a revaluation on their currency...(post 2 of 3....stay tuned)... 10-10-2018 Newshound Guru Adam Montana ...PM Mahdi is tasked with the job of forming the government. A strong key to the future value of Iraqi Dinar is, as I mentioned earlier, OIL. Oh, did I mention that incoming Prime Minister Abdul Mahdi served as OIL MINISTER between 2014 and 2016? ...and he was placed there under Abadi, back when it was Abadi’s job to form the GOI. Even before that, Mahdi was Finance Minister under Allawi back in 2004. This new Prime Minister may not be everyone’s favorite… but he has some very serious credentials, and I think he’s going to play very nice with all of the important people in this process. New President, New PM, solid progress already happening. This recent election is a ROARING success for Iraq. If this keeps up, we’re looking at progress like we’ve never seen before - the HCL is going to be upon us before we even realize it, and if you aren’t watching for that RV text...you might miss it! I’m ready at a moment’s notice…are you? ...(post 3 of 3)... 10-10-2018 Newshound Guru Kaperoni I have not stated anything... regarding an RV or an RI in over 6 years. And yes the first four years I was in this investment I did think it was a possibility until I became more educated. Central banks don't spend 90 billion dinars to reprint existing currency unless they expected to be in circulation for at least a few years. If anything this should put an end to the...nonsense. There is no overnight event. The only possible positive outlook on the dinar would be a gradual appreciation via float over time...I've said so for 6 years there is no RV RI. Monetary policy is a name used by central banks to categorize tools that they use to maintain exchange rates. Floating the currency is one of those tools as it is used to combat inflationary pressure created by an influx of capital and investment. ‏ That is how monetary policy works. It's not some random act... 10-10-2018 Intel Guru Frank26 [via Clare] The MR is the Hottest thing in Iraq!!! It's happening/wrapping up, right before our eyes...just as we've been told to expect. 10-10-2018 Intel Guru Bruce [via Pinkroses] ...October 9th in the US, Iraqi dinar was traded on Forex and also on the Nasdaq and also on the CBOE, Chicago Board of Exchange. That maybe affiliated with the Chicago Mercantile Exchange. I am not sure. I do not know the rate...on the screens for the dinar, but I do know that there is a very high back screen rate that has been talked about...they go up and down, and it is just not responsible to give you rates...and they change. ...Be aware this can very well go before hurricane Michael even hits land. I am not calling it. Just beware that things are happening...The timing is getting so close...I am in high alert status... 10-10-2018 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S MONTHLY REVENUES FROM OIL EXPORTS EXCEEDED THEIR HIGHEST LEVELS EVER" I still believe we need the oil revenues to [be] high in preparation for the reinstatement. Just a condition they needed and now have once again. This is part of the “more suitable environment” the CBI is talking about.
  11. 10-9-2018 Newshound Guru Kaperoni The Iraqi British Business Councel (IBBC) met with Iraqi authorities including the CBI gov yesterday. The IBBC is hosting a conference in Dubai for Iraqi reconstruction in Nov. As well we have the Iraqi investment and banking conference in Nov (rescheduled from Sept) and the Baghdad International Fair (also rescheduled) ...so Nov is shaping up to be an exciting month. 10-9-2018 Intel Guru Frank26 ...WILL NOT SAY MUCH MORE...BECAUSE YOU KNOW THE ONLY THING WE SEEK...THAT IMO IS COMING. 10-9-2018 Intel/Newshound Guru Poppy3 ONE MORE THING...THERE WILL NOT BE RUNS ON OUR BANKS TO CASH YOUR DINAR, NOR WILL THERE BE ANY SPECIAL 800 NUMBERS FOR YOU TO MAKE APPOINTMENTS TO CASH YOUR DINAR. 10-9-2018 Newshound/Intel Guru Mnt Goat Article: "POLITICAL BLOCS SENT THE NAMES OF CANDIDATES FOR THE MINISTERIAL POSTS TO PRIME MINISTER-DESIGNATE ADEL ABDUL-MAHDI" ...we see Iraq now working hard to get the ministries appointed for his cabinet. He wants to reduce them from 22 to 15. This will make the selection go faster and save a ton of money in the process. 10-9-2018 Newshound Guru Bloodloch [I don't understand the purpose the 1000 dinar notes if the currency is going to be on par (or greater) to the dollar anytime soon...] They may be doing it exactly as Kap [Guru Kaperoni] describes, although I do perceive an element of instability that could occur when a severely depleted-in-value IQD suddenly finds itself openly traded on the Forex with a 100,000% ROI over 3 years potential. If they, on the other hand, take a different, less-random route, and if they want to target completion at or around the first of the year, they would need to show their cards within the next few weeks. [reference Kaperoni post 10-6-2018]
  12. As Of - 2:40PM EDT - Monday 10-8-2018 Newshound/Intel Guru Mnt Goat Article: “BAGHDAD - The Central Bank of Iraq announced on Saturday the launch of large quantities of currency for small groups this week." Quotes: "put large quantities of small groups to meet the need for daily transactions and the quality of the material has been improved". "...a small change will be made in the NEW FORM THAT WILL BE PUT FORWARD FOR TRADING NEXT WEEK, knowing that the deal will be in the form of new and old together without discrimination." The CBI told us that they had a new format or “form” for the smaller categories that they were going to launch next week (this week). ...we are told that the new edition of the notes will “coincide” just as we were told already many times before. ..(post 1 of 3).... 10-8-2018 Newshound/Intel Guru Mnt Goat So why is the CBI putting out so many of the smaller categories like the 250, 500 and 1,000 notes? This is because more people are now able to use these notes for daily transactions for petty cash thus they are getting citizens used to thinking in terms of smaller denominated notes. But we know at some point they must also raise the value of these notes. But when is exactly this optimum time? We know that in all of the targeted reinstatement timeframes (...CBI timeframes...) that they intended to go always in the month of December – January. ...Then we also find out that the CBI...began the replacement of 25000 and 10000 notes that are now in circulation. This move is not a contradiction of the process to delete the zeros since they are replacing these 3 zero notes as they also told us once again and I quote – “WITHOUT ANY INTENTION TO WITHDRAW FROM CIRCULATION". So again they told us these 3 zero notes will coincide with the smaller category notes. ..(post 2 of 3).... 10-8-2018 Newshound/Intel Guru Mnt Goat Why...did the CBI issue these new version format of the 1000 dinar? ...they said in other recent past articles, that the 1000 dinar note was being counterfeited already since they know the value is going to shortly seriously go up and this is going to be the largest of the smaller category notes widely within the public circulation. ...So what timeframe do you thin the CBI might now be thinking of to reinstate the dinar? ...I can say this with much confidence that the CBI may very well target again the December into January timeframe for the reinstatement of the Iraqi dinar based on past history of target dates. So, if this new government is formed and no major events happen that cause alarm or instability we may be in a good window at that time. ..(post 3 of 3)... 10-8-2018 Newshound Guru Kaperoni CBI gets ready to introduce replacement currency 250, 500, 1000 dinars. This new currency only makes sense if they expect them to be in circulation for a while. No overnight event! The dinar will only rise gradually via a float. That is how monetary policy works. Raising the value of the Iraqi dinar is part of a much bigger process...integrating Iraq's financial system into the worlds banking system. That process includes the CBI accepting Article VIII of the IMF charter and moving to a new exchange rate regime. The reason the CBI must move away from it's current exchange rate regime (peg) is to counter inflationary pressure created when large amounts of capital and investment comes into Iraq. The new exchange rate regime will be a float allowing the CBI to counter this pressure by gradually raising the value. The good news is as I have said before is that I expect that process to start very soon. More to come later tonight ... RON
  13. 10-7-2018 Newshound Guru Bloodloch ...Until they release new classes of VLD (Very Low Denomination) currencies, in the range of 1 dinar to 100 dinar notes, the working theory I've been hinting about is on hold. This does not mean they won't do as much soon, but I must admit I was hoping to see something along the lines of VLD with these new predicted currency releases. Still, the fact that they have yet to breach this VLD range means the potential for such an issue remains viable. When it does finally happen, and if must if they plan to ever have the IQD achieve equality with the USD, it will be a surprise event. It's just not the sort of thing they would telegraph ahead of time. 10-7-2018 Newshound Guru chattels [Is it me, or is the Iraq government moving a lot more quickly than they have in the past?] November will be six months since the election which is about the time it has taken for other governments. Some parts of the process have taken longer and some have moved more quickly. The invitation / creation of the Prime Minister Designate was much quicker... 10-7-2018 Newshound Guru Kaperoni This process has been completely documented through the IMF. And monetary policy is never a random act. 10-7-2018 Newshound Guru MilitiaMan Article: "Central Bank raises large amounts of currency for small groups" Possibly, by definition they have said they introduced currencies to rival the dollar... Introducing lower notes with an international rate and or less the 3 zeros could or would fit the definition of rival in comparison to the USD imo. The CBI also told us they were to make a simple change in respect to trading next week.. Quote: "The Central Bank raises large amounts of currency for small groups." In other words, they lifted enough large notes now so they can bring in the smaller groups. ...(post 1 of 2....stay tuned)... 10-7-2018 Newshound Guru MilitiaMan They appear to to say two things in the way the are telling us this. Firstly they are putting up of raising large amounts of currency for that they can introduce large quantities for small groups. They clearly are doing what they said they were going to do by taking out the large and introducing the smalls.. imo. Then, they tell us now they are going to have a simple change with a new format next week.I don't know about you all, but, this sure sets the stage for big things to happen and in short order, as next week is within hours not days...(post 2 of 2)... 10-7-2018 Newshound Guru Bloodloch ...I do not believe this will be a float taking years to achieve par with the dollar, so be of good cheer...not going to post details yet. Stand by.
  14. 10-6-2018 Newshound Guru Kaperoni [Q? : Hearing you say soon is surprising...] Opening up the banking system to engage with the world's financial system along with floating the dinar is top priority. No private sector or investment will start until such happens. I am very hopeful. [refeence Kaperoni post 10-6-2018] 10-6-2018 Intel Guru Delta Article: "We plan to restructure the Iraqi currency including deleting zeros" FYI...DELETE ZEROS WILL BE FROM EXCHANGE RATE ...3 ZEROS NOTE WILL PHASE OUT ... 10-6-2018 Intel Guru RayRen98 Iraqi TV reports PM Abadi informing the citizens that economic reforms could not be completed during his tenure due to security concerns with ISIS and the slowly progressing political issues. Both are now resolved and the new incoming Prime Minister should have no problems completing the task. Also on Iraqi TV is the message that political blocks have already submitted their candidate-selects to fill government posts to the Prime Minister-Designate projecting completion of assignments before the 30-day window expires. US Banks are sharing excitement of probable preparations for the first-of-the-week type of activity! ...Everything appears to moving at record speed compared to the past, can't wait to hear what happens the rest of this weekend! 10-6-2018 Newshound Guru Kaperoni ...there is no overnight event. Never will be. I guess all i can do is keep educating. If for no other reason people should understand the CBI would never spend the money to replace the currency unless they expected it to be in circulation for a while. That in itself tells you there is no single overnight RV RI going to happen...I do fully expect the dinar to go up in value, but not overnight. As stated in numerous articles going back years it could take two to three years to delete the zeros. In other words it's a gradual appreciation over time. The good news is I do expect it to start soon. Because Iraq needs to move out of Article XIV and into Article VIII to send a message to investors and the global financial system that they are open for business and as a result of that transition will need to float the currency...as the dinar gradually rises in value over time more emphasis will be on lower notes so having quality notes in circulation supports that. 10-6-2018 Intel Guru Delta NEW...OUT AS OF THURSDAY...250... 500... 1000. 10-6-2018 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq announced the issuance of quantities described as large on small currencies for daily transactions." This has been brought to my attention and it is dated yesterday! Not sure about the source, but, this says coins...Next week... A statement by the bank said that it would introduce large quantities of small categories to meet the need for daily transactions. The quality of the material used has been improved, as well as a small change in the new format that will be presented for trading next week. He said the deal would be done in a new and old form, without discrimination... 10-6-2018 Newshound Guru Bloodloch "The 1, 5, 10, 20, 100, etc., notes are to be new, as will be the coins." - Newshound Guru MilitiaMan. Head of nail meet hammer. My own guess would be 100, 50, 25, 10, 5 and 1, as I surreptitiously suggested Oct 1st ...but now I'm just splitting hairs. Why those denominations? Easy, because they match 100,000, 50,000, 25,000, 10,000, 5,000 and 1,000 but without the triple zeros. Did I mention it was simple? I think I mentioned that. As our friend Randy [Gru Randy Koonce] likes to say... Breathe. Change can be a scary thing, but if they're doing what I think they're doing, I'll be able to explain how it's going to work, and why it's going to work, and even how quickly I believe it will work, but not until they actually step forward and initiate it. There is still a hidden aspect to it that won't be evident until after it starts. The ball is definitely in their court. 10-6-2018 Intel Guru Frank26 This has been a masterful plan. It’s been right along with what we call the FAB4, you know, the IMF, the United States Treasury, and the World Bank, and they are now reporting to the BIS, and saying...this is what we’ve got...We have a date, and we work with them, we are ready to go. ...they are going to start pumping small categories into the markets gradually ending the crisis. No kidding! THIS IS THE RI!!! THIS IS THE RV!!! ...Sounds like a good plan...
  15. As Of 6:05 PM EDT .... Any later posts will be added as a reply later today .... RON 10-5-2018 Intel Guru Frank26 Article: "We plan to restructure the Iraqi currency including deleting zeros" RIGHT BEFORE OUR EYES!!! ...YESTERDAY WAS ABOUT THE LD'S BEING REPLACED CAUSE THEY ARE WORN AND TORN...TODAY...THIS IS ABOUT THE NEW CATEGORY SMALL NOTES!!! WE FREAKEN TOLD YOU SO..!!! 10-5-2018 Newshound Guru Kaperoni New replacement dinar notes begin circulation next week. 10-5-2018 Intel Guru Bruce [via Pinkroses] Just when it was safe to close the door on Iraq, something else comes out. Today we got information from Sulaymaniyah, one of our sources there, that Iraq is going to have their lower denominations not only at the ATMs. These are the lower ones the 10s, 20s...the lower denoms and they will be everywhere. They will be in the stores, the banks, the ATMs. They supposed to bring them out either Saturday or Sunday. Sunday is the first day of their business week...It is a very good sign that they are saying to the world...hey we have revalued. This is our new rate, and we have the new lower denoms to go to...(post 1 of 2)... 10-5-2018 Intel Guru Bruce What is interesting about that is if they do come out Saturday or Sunday which we think they will...they will be also trading their dinar on their market Sunday night... We also believe the ISX will be trading, and the dinar will be tradable on the ISX but also it will be tradable on the NASDAQ in the US on Monday morning. We should have visibility more with Iraq and the dinar as the result of what they will be doing over the weekend whether it is Saturday or Sunday. ...It is looking good for the next few days... I am encouraged. I am excited. I feel good where we are..(post 2 of 2) 10-5-2018 Newshound Guru Bloodloch New small denominations of the same currency are not what I'm looking for. Rather, I'm looking for something quite different. Perhaps they are just getting the public accustomed to the idea of new currency issues. New artwork and such. 10-5-2018 Newshound Guru MilitiaMan ...There is nothing that suggests outside of next week.. They clearly are reiterating there intentions to bring in the new [currency ?] next week. Abadi is PM now while and through the end of seating the Cabinet... The environment is stable and secure now and will be... Thus, the Independence of the CBI can roll out the new when appropriate, and there words are next week and that is their words not mine, or even any speculation about it what so ever. ...You don't bring in small currency with out a rate change... That is imo a reality..
  16. Opinions As Of 6:20 PM EDT.... 10-4-2018 Intel Guru RayRen98 Sources are reporting that Prime Minister-Designate Abdul Mahdi will announce his cabinet members at the next Parliament session on Tuesday, adding that if not on Tuesday, then it will be announced on Thursday. This cabinet will replace PM Abadi's cabinet, who appears to be in full cooperation with the change of power. Iraqi TV reports the CBI announcing the placement of large quantities of the smaller notes in circulation next week to meet the needs of daily transactions. The 1,000 dinar note resurfaces as tattered 250's and 500's are being replaced with new currency. There is speculation that even smaller currency will be introduced next week also...TIME WILL TELL... 10-4-2018 Newshound/Intel Guru Mnt Goat Article: "AL-HANAL: THE TIME IS RIGHT TO LAUNCH THE ID TRILLION INITIATIVE" Quote: "...THE TIME IS APPROPRIATE to activate the initiative of the Central Bank of “trillion dinars” for the support of small and medium enterprises..." So can they make more money from loaning money than they can from the currency auction spread? ...the timing of this news could not get any better. This is part of the “deliberate steps” the CBI is talking about...when they delayed the project to delete the zeros in April. We can now witness also the STABILITY of the government has come and this election saga is finally over. ...Will they decide to continue the project to delete the zeros and pick up where they left off in April? I believe they will. We know that this initiative in this article is part of the...redenomination process. So this is VERY good news for us. This initiative will coincide with getting off the currency auctions... This too is one of the issues in supporting the go ahead by the CBI to let the project to delete the zeros get into full swing. 10-4-2018 Intel Guru Frank26 [via Manaolana3] Synopsis: Announcement made Mahdi as next PM; question whether his acceptance is constitutional; BUT it's not over yet (announcement took Frank and Teams by surprise). USA supports Mahdi and is being congratulated by many including ME countries, Amb Silliman, State Dept Rep McGurk,and others. USA gave list of technocrats to Mahdi; will rid of Iranian influence in Iraq, but most important seating of the government of Iraq. Mahdi is recognized by all parties due to his history, whereas, Abadi is not. Mahdi is a bridge, a conduit to the GOI, but is not from the large bloc; may have issues, and if there is opposition, may walk. Madhi has the support of Sistani; supports Sistani's plans/reforms, is a settlement candidate...(post 1 of 2....see following)... 10-4-2018 Intel Guru Frank26 Mahdi is loved by the citizens and everyone in Iraq...Not committed to any political bloc...supports economic and monetary reforms, HCL for citizens, give citizens more purchasing power...wrote many report including his opposition to the auctions. Mahdi has 30 days to form his government...Mahdi supports the lifting of the 3 o's and will bust-open the reforms. Mahdi as PM will enhance security and stability and a suitable environment to allow all all economic and monetary reforms to continue. PM Abadi is still in charge of the government until Mahdi puts together his government in 30 days...let the dust settle. The most important thing to remember is to seat the government, not who is the PM..(post 2 of 2).. 1-4-2018 Newshound Guru Adam Montana [How is the political map looking now that Barham Saleh has been announced as the President?] I don't see anything wrong with this pick. In fact, his immediate announcement of a choice in PM says a lot about how we can expect things to change. This is possibly even better than Abadi remaining PM... the status quo is due for a shakeup, and a "fresh face" can certainly do that now. Looking forward to the coming days! 10-4-2018 Newshound/Intel Guru Mnt Goat So I told everyone...that come this next constitutional deadline of Oct 2nd the flood gates would probably open wide with news and this election saga would wind down. So...October 2nd, we witnessed finally the election of the new president and he announced his candidate for prime minister minutes after these formalities were over based on the provisions of Article 76 Constitution. Now this candidate has to go before the parliament to be ratified and this should be more of formality than anything else. Article quote: "Douglas Silliman‏, the US ambassador to Iraq congratulated Mahdi and wished him the best of success to as he starts to form the new government of Iraq. The USA will work with the future PM to help his government meet the needs and aspirations of all the people of Iraq." So it appears that the USA does accept and will support this new prime minister Mahdi. This is very good for us.
  17. As Of 6:20 PM EDT ... Later Postings will be added as a Reply below ... RON 10-3-2018 *** Dinar Guru NewsFlash *** It's official, late yesterday afternoon, Iraqi parliament elected Barham Salih as Iraq's next President. Salih quickly appointed Adil Abdul Mahdi as Prime Minister of Iraq. This was done FIFTEEN DAY EARLY! Now, under Iraqi's constitutional rules, Mahdi has 30 days to present the next Government of Iraq for parliament approval. Once approved, Mahdi will officially be the next Prime Minister of Iraq and the government will be seated. Several guru camps have described Mahdi as pro-economic reform. He as an economic background and is the former Oil Minister. This is all very exciting...stay tuned as the gurus continue to chime in about what Mahdi's impact might be on a possible dinar RV and/or rate change! The latest guru posts continue below... ************************** 10-3-2018 Newshound Guru Bloodloch My take on this isn't "whether" it will happen, although I believe it will, or even "when" it will happen, although I believe it's soon. It's more about "how" I believe it can happen in a controlled self-managing manner that utilizes the natural inclinations of people to gravitate towards the advantageous position in their daily lives, as well as the "why" it will work on a macro scale. It's also about how they have been manipulating certain numbers to prepare for this in ways that may not be immediately apparent or obvious. Looking for an immediate benefit to the Iraqi citizens (they won't even want dollars at that point, let alone be requested to turn them in), and a fairly rapid positive tightening of the international exchange rates with the IQD. 10-3-2018 Newshound Guru Adam Montana For the last few months, we've been in a holding pattern. We know what's coming, and it has been obvious that progress was being made, but let's be honest... it was a lonnnnng, slowwwww couple months waiting for SOMETHING to pop. As of yesterday, that slow moving train gave it's first puff of black smoke and the wheels made the first turn...this giant piece of history began inching forward, and we have some actual news...Iraq has a new president...Barham Salih. What's more, and this happened lightning fast... President Barham Salih has named Abdul Mahdi as Prime Minister...New Iraqi President Barham Salih had 15 days to name the new PM, but he did not wait. He did it immediately. There are obviously plans being set into motion, that were organized well in advance of this announcement. This is breaking news at this time, so the situation is fluid... but this was a major milestone, and we're hearing the train start to chug. CHOOO CHOOOOO!!! Let's go, Iraq...! 10-3-2018 Newshound/Intel Guru Arthur From what I'm getting from the sandbox the whole Mahdi for PM was done to appease Maliki and his Iranian backed goons...keeping them from continuing to throw political monkey wrenches into the process. As far as dinarland is concerned, knowing that GOI + HCL = RV, we don't care of Daffy Duck is the President and Bugs Bunny is the Prime Minister so long as we get a stable GOI. Remember CBI Governor Ali Mohsen Ismail Al-Alaq has told us a stable environments what is needed to officially initiate the deletion of the zeros project. We also know they are about to flood the country with lower denominations that must have a new value to be utilized by the citizens. IMO, once we can officially confirm QI Card payments to all citizens from the oil revenues as promised (HCL), whatever it is we have been waiting on all these years will have began. 10-3-2018 Intel Guru Bruce [via PinkRoses] I can tell you as of today Iraq is done of what it is they said they do...They had elected a new President. His name is Saleh...Even know though you may be reading Abdul-Mahdi is the new Prime Minister, I can tell you that Abadi is still going to be the Prime Minister for the next two years. I believe that is what I have been told by people in Iraq, and that seems to be what I trust at this time. He will be Prime Minister for a couple more years...The other thing...Iraq was supposed to do what they needed to do with the CBI. I have not heard a report of that, and personally I don’t think we will see it here yet, but supposedly they have gotten their CBI put together where sensibly there be a rate and they would be complete. ...Everything is pointing toward a release that should be this week...I am excited where we are. 10-3-2018 Intel Guru Frank26 [via future] ...." WE DO NOT CARE WHO THE PM IS...ALL MY TEAMS WANT TO SEE IS THE SITTING OF THE GOI." THEN TODAY CAME ALONG...TA DA...YOU NOW WILL SEE THIS GOI ANNOUNCE ITSELF...AND IT WILL NOT TAKE THE FULL 30 DAYS THEY ARE PERMITTED TO USE. AND THEN...IMO...WE WILL NOW SEE THE LD'S COME TO REPLACE THE OLD AND WORN OUT CURRENCY... SHORTLY THEREAFTER THE RELEASE OF THE SMALL CURRENCY CATEGORY NOTES THAT THE CBI TOLD US WOULD COME OUT IN THIS MONTH OF OCTOBER ACCOMPANIED BY A LIFTING OF THE 3 ZEROS FROM THEIR EXCHANGE RATE. AS I SAID...I DID NOT CARE WHO THE PM WAS...NOR DID THE CBI. BUT I SURE DO CARE ABOUT WHAT THE CBI IS NOW...PREPARED...TO DO. WHY? BECAUSE... IMO...THIS SITTING WAS / IS...THE FINAL SUITABLE ENVIRONMENT..!!! 10-3-2018 Newshound Guru Currency365 New President...Barham Salih appoints Adel Abdul Mahdi as the NEW PRIME MINISTER of IRAQ... 10-3-2018 Intel Guru ADMINBILL ...I ask that you all put the info you receive in a pot on the stove and turn the burner up. In the past the burner was set to low heat so the stew never was ready to eat. In the past few months the flame has been turned up higher each week. We are nearing a point when a delicious stew will be ready to eat. Don't discount the information you are hearing but note that bankers, etc have been ready for months with rates on the screens, etc... .... 🍷🍸 ....
  18. 10-2-2018 Newshound Guru Bloodloch [Q? : Can you share in your opinion, does this thing end in 2018 or are you looking at 2019.] I'm expecting it to happen when they generally and broadly start releasing the new smaller denominations, which some have reported could begin this month (October), but likely not before the full government, including the Prime Minister, is seated. 10-2-2018 Newshound Guru Walkingstick ...In reality, they now have a Speaker of the house who's seating is in violation of their constitution ... A President of the Republic, who's seating is not in violation but breaks the customary role of revolving between the Kurdish parties... A prime Minister, nominee (Mahdi)... a clear violation, not coming from the largest bloc... Brought of out retirement as a "settlement candidate".. One that, the majority now supports...In closing, if.. Mahdi were to form a government... He has always been a staunch supporter of the monetary/ economic reform.. bringing the dinar to the regional and international level, ceasing the auctions and the distribution of oil proceeds to the people...This is what we're looking for.! 10-2-2018 Newshound Guru Kaperoni So its official...a new president of the Republic of Iraq...Barham Saleh. By the way the choices so far for president of parliament and president of the Republic of Iraq are pro economic reform. If Madhi gets in as prime minister we should see reforms start very soon including currency reform. Again, This is what we're looking for..! 10-2-2018 Intel Guru RayRen98 Ammar al-Hakim Barham Saleh captures the presidency today with 220 votes...Reports indicate that President Saleh has selected Mahdi as the Prime Minister-designate two hours after being confirmed President... 10-2-2018 Newshound/Intel Guru David M. Witty‏ Iraqi Parliament elects Barham Salih as Iraqi president. He is a former PM of Iraqi Kurdish Regional Government. 10-2-2018 Newshound Guru Currency365 Anybody can be the next Prime minister of Iraq they could surprise us all... but first let them pick the President by Oct 2nd deadline according to New Speaker... constitutionally they have till Oct 10th...FYI..! 10-2-2018 Newshound/Intel Guru David M. Witty‏ Iraqi Parliament convenes to elect an Iraqi president but only 192 MPs present...Out of 329 MPs. Office of Iraqi Parliament says it will publish names of MPs who do not attend today's meeting. Speaker of Parliament says today's meeting will continue until a president of Iraq is elected. 10-2-2018 Intel Guru Frank26 [via Clare] "Prepared" - we Know it will happen...don't worry about when, it, IS happening...FAB 4, CBI ...ARE ready...looking for suitable Environment...POTUS will "Clean the Floor"...wants Iranian influence gone. (1). Teams strongly feel GOI should be seated...USA is "preparing" Iraq to seat its Gov. (2). In postion & "prepared" are the specimen sheets that the CBI sent to all the Central Banks around the world "prepared" for authenticity...Whales & Sharks, already using for trade, investing in Iraq & Contracts. Banks "prepared" ...ready for future customers...in position for rate change...Right Now! The RI of IQD has a date...POTUS has enough time, before the date, to deal with Iran... (3). ...so far Iraq spent 160 million to print currency... Teams are waiting for something this month...IMO..! 10-2-2018 Newshound /Intel Guru Mnt Goat The banks are now brokering the dinar (buying and selling) it just as the online internet brokers are that you may have ordered it from. Why not since there is lots of money to be made and the banks deal with currencies and like to make money...They are NOT trading the dinar...There is a difference between selling and buying as a broker from trading it. If the banks were trading the dinar it would be sold on the currency exchanges too. It is NOT. The banks can not legally trade the dinar until it is reinstated as a global currency...So for a short period during the ISIS war in Iraq, the US treasury asked that the banks do not sell or buy this currency since they were afraid it could be used to fund terrorism once again. We even witnessed in late 2015 that the CBI wanted to reinstate the dinar but again it was denied due to the ongoing war with ISIS. They told us it would happen in “EARLY 2017” but again the war was not yet over until LATE 2017. Then in 2018, came the election saga and here we stand still waiting.
  19. As of 7:40 PM EDT....Any later Posts will be added as a reply about midnight....RON 10-1-2018 Newshound Guru Kaperoni The only way the dinar can appreciate in value is if the CBI floats the currency to counter inflationary pressure created by an influx of investment/investors. Even then it will take time. I am still very hopeful that banking reforms will begin this year. Though it is contingent on the formation of the new GOI, passing laws. 10-1-2018 Newsdhound/Intel Guru Mnt Goat Remember we are waiting for the “reinstatement” of the dinar first and as a result of this process they will have to raise the rate when they re-peg the dinar to the SDR basket from a sole de -facto peg to the US dollar, thus many call this an RV or revaluation. ...many just think it going to pop out at the banks with a new rate...Folks for the use of the term “international” currency it must be accompanied with a “formal” and “official” reinstatement. It can not just RV... 10-1-2018 Newshound Guru Currency365 The Iraqi parliament is holding at 8pm tonight, a decisive session for the election of the President of the Republic... 10-1-2018 Intel Guru Jester BEEN WORKING WITH THE WOLF [GURU REDWOLF] OFF AND ON ALL WEEK... THERE IS STUFF HAPPENING...THE REAL GUYS ARE CONVINCED THINGS ARE UNDERWAY... BUT STILL NO TIME TABLE IS FORTHCOMING...THE BOTTOM LINE IS THE PEOPLE I DO TRUST ARE CONVINCED THINGS ARE UNDERWAY... BY THAT MEANING THE PROCESS IS MOVING ALONG...THE MAIN THING IS THE ONES THAT COUNT THINK WE ARE THAT CLOSE...Jester is a Joke in my opinion...I don't take him seriously..!
  20. 9-30-2018 Newshound Guru Currency365 "A political source said Abadi is working intensively to reunite al-Sadr with al-Maliki, indicating that a "settlement" between parties will be picking "Adel Abdul Mahdi," as candidate for post of Prime Minister" Sit back relax and watch the it all play out folks. 9-30-2018 Intel Guru RayRen98 Saturday - A bank source reported rates on ...The dinar...flashing from 3.71 up to 4.81 and then graying out. I find this statement to very hard to believe - we've heard the same nonsense before. RON They expect final rates the first week of October if all continues as informed. I find this statement to hard to believe as well, but I wish it were true. Iraq TV reported an agreement from members of Parliament blacklisting anyone who participated in the Kurdistan referendum from holding the title of President and not inviting them to take part in Parliament. Kurds were told they have two days to select a candidate to represent them as their President or Saleh would be appointed...(post 1 of 2 - see following)... 9-30-2018 Intel Guru RayRen98 Sunday - Kurds did not yet agree on a candidate-select for president and dislike that Baghdad is making their decision for them. They left the meeting referencing unconstitutional activity and will not attend any Parliament meetings due to that fact. Without the Kurds, a quorum cannot be established to have official votes passed and they want the Federal Court to intervene. The saga between the Kurds and Baghdad continues....(post 2 of 2)... 9-30-2018 Newshound Guru Kaperoni ...monetary policy is never a random act...The promise of instant fortune! I assure you there will never be an overnight RV or RI. When the CBI begins to raise the value via float it'll be a tool used by the CBI the counter inflationary pressure. The good news is it will go up in value it just won't happen overnight.
  21. As of 23:30 PM CDT 9-30-2018 Newshound Guru Kaperoni ...monetary policy is never a random act...The promise of instant fortune! I assure you there will never be an overnight RV or RI. When the CBI begins to raise the value via float it'll be a tool used by the CBI the counter inflationary pressure. The good news is it will go up in value it just won't happen overnight. 9-29-2018 Newshound/Intel Guru Mnt Goat Right now we know the CBI is slowly, through a process, moving towards more and more use of the lower category notes. We see it in the news. The fact that they are now experiencing a severe shortage in the small categories tells us this process is working. Will the CBI be pumping other, newer smaller category notes in the coming weeks? I fully believe this is not what they are taking about in all these recent articles. They are not yet ready for this next step... We know that electronic banking, Point of Sale (POS), ATMs and other reforms have given them this capability now to utilize these small category notes. They have turned a milestone in the process and so now it is a matter of time until they launch even lower, lower denominations, eventually getting off the older 3 zero notes all together. 9-29-2018 Newshound Guru Kaperoni The Iraqi Banking/Finance Conference 2018 has been pushed off to Nov 4-5. Interesting. Iraq is notorious for being late on agreements. Far back as I can remember they were always six months or more delinquent on accomplishing what they had agreed to. Delaying the investment conference is in the best interest of Iraq because at this time because they are not ready...they have not form the government, passed the delinquent laws or held their Article IV Consultation with the IMF. 9-29-2018 Newshound/Intel Guru Mnt Goat Article quote: "Informed sources said that the political blocs agreed that Adel Abdul Mahdi will be prime minister and that the current Prime Minister Haider Abadi will serve as Vice President of the Republic" ...this could all change again and until they officially announce the nominee for PM, the fat lady has not yet sung. This is just a news article and not official. 9-29-2018 Newshound Guru Breitling Let’s say the dinar never revalues… (It would have to be some weird circumstance where it wouldn’t revalue.) If it doesn’t revalue it doesn’t mean you and I are wrong. We’re right. We’re watching everything you see. Think about this. You watch a football game, right? It has 4 quarters, 2 teams and there’s two minutes left on the scoreboard. One team has 49 points and the other team has 0. You kind of know what’s going to happen…there’s no way the other team is going to score 49 points in two minutes. It’s the same thing with Iraq…everything is set in place for them to do international business with their currency….(Post 1 of 2 Stay tuned for the rest of the story)... 9-29-2018 Newshound Guru Breitling …There’s no way around it. Sooner or later they are going to have to add value to their currency. They stated it. They want to do it. They told everybody what the value is. They said they wanted to get back to $1.17 and then after that they want to get to get back to $3.25. I don’t know if they’ll get exactly back to $3.25 but I know what their plan is…nothing has changed…the drama in the middle east has not changed that....(Post 2 of 2)... 9-29-2018 Newshound/Intel Guru Mnt Goat BANNING THE USE 3 ZERO NOTES? I “firmly” do NOT believe...they will stop taking these 3 zero notes (5,000, 10,000, 25,000 and 50,000) and will set a deadline for turning them in. This will NEVER occur since the CBI told these 3 zero notes will “coincide” with the smaller category notes for up to 10 years (or longer if needed). The goal of the CBI is simply to slowly let the economy drive the process and put the dependency on the use of smaller category notes and gradually introduce yet even smaller notes. But I will tell you there will come a point when they will have to reinstate the currency to the international global currency exchanges and trade the currency. This is mainly what we wait for. This is when we go to the banks. When this happens the rate will rise and the CBI will be forced to launch the other even small category notes. So what do you watch for next? ...I am watching for the launching of the 100 dinar note next.
  22. As of Midnight - Mountain Time 9-29-2018 Newshound/Intel Guru Mnt Goat BANNING THE USE 3 ZERO NOTES? I “firmly” do NOT believe...they will stop taking these 3 zero notes (5,000, 10,000, 25,000 and 50,000) and will set a deadline for turning them in. This will NEVER occur since the CBI told these 3 zero notes will “coincide” with the smaller category notes for up to 10 years (or longer if needed). The goal of the CBI is simply to slowly let the economy drive the process and put the dependency on the use of smaller category notes and gradually introduce yet even smaller notes. But I will tell you there will come a point when they will have to reinstate the currency to the international global currency exchanges and trade the currency. This is mainly what we wait for. This is when we go to the banks. When this happens the rate will rise and the CBI will be forced to launch the other even small category notes. So what do you watch for next? ...I am watching for the launching of the 100 dinar note next. 9-28-2018 Newshound Guru MilitiaMan Article: “Judge Rahim al-Ukaili filed a complaint with the Iraqi judiciary against a former prime minister" ...What I find interesting in this is not only about the justice that is to come for the people of Iraq it is that they too, let us know more of the story... The shell game Iraq has been playing politically. ...the GOI is important, yet not so important as they can't get things done. This makes me feel that the GOI is seated, just not for our eyes, yet. With Maliki having charges, the stability for Iraq just got a new kick up the ladder.. All of this is part of the process as it unfolds and imo it is now on steroids...lol...imo..! 9-28-2018 Intel Guru Bruce [via Pinkroses] I said we are at the point now where we are not having to look at Iraq to complete something before we go. However we did hear from Sulaymaniyah, Iraq today, and we heard that all the official notifications with Iraq with their Prime Ministership of Abadi will actually take sort of a role of more powers if you will. More things have been given to him as Prime Minister than are typical...That position and everything having to do with their new Parliament all of that along with CBI, everything we been looking for will be done on Monday, Iraq time...It is all good, but they are so far along that we know what is going on. We know it is done. We are not really waiting on them as we were in the past. ....(post 1 of 2).... 9-28-2018 Intel Guru Bruce When it comes to what we are waiting for, we have been getting really good information the last day or two about the fact we are at the point of completion. What I mean by that is security has always been a concern. It is at the point where everything is ready. All systems are ready...In terms of how close are we...I am not going to call it...With that being said, I have heard we are at the point now all systems are ready... Everything we are hearing is very positive. Some of the banks are talking about they are gearing up for a Monday, Tuesday start. ...I am also hearing, however, that the President is in charge of the release and he will give the green light... (post 2 of 2)... Out to lunch IMO...! RON 9-28-2018 Newshound Guru Breitling Article: “the Feds decision to raise interest rates will raise the value of the dollar at the expense of the dinar. This will adversely effect the economy of Iraq unless Iraq’s Central Bank accelerates the measures to protect the dinar…” So how do you do that? Well you raise the value of the dinar and you keep up with the interest rates of the US Dollar. What do you have to do to raise the value of the dinar? You start taking more dinar off the market. Or if its already off the market, start adding value…Again, another door of opportunity for the value to be changed. And why do they want the value to be changed? Why do they want the value to go up? …they want Iraqi citizens to do business around the world. That’s why they’ve been doing deals and all that stuff with these international entities, organizations, institutions…it’s all there. Black and white. It’s right there. it’s all in front of you… 9-28-2018 Newshound Guru MilitiaMan Article: "Project Finance" Quote: "The need to adopt effective economic plans is essential in all economies of the world in light of the rapid competition in the international labor market, which is increasing over time, in order to maintain presence within the target markets." ...1 high tech job in Iraq may need 10 jobs in support. ...this is now telling the world that the mound they are about to build is going to need people, qualified people and in a big way. Again, that meeting in Amman (imo) was a meeting on conclusion of where Iraq was and apparently gave the green light to get the show on the road, funding. Needing to have employees qualified for the reconstruction was (imo) green lighted.. The money has to be their in advance. My view it is and will be with no issues, and with an appropriate rate for international banking systems with the latest technologies and with the highest regulations and transparencies that meet the same.. The best of the best, are there now and more will follow.. imo..! 9-28-2018 Intel Guru Frank26 “...something happened with the BIS family. And...With the WTO...The World Trade Organization. And the Bank of International Settlements. Now if you don’t know, the BIS is the Mother of all Central Banks on this planet Earth. And the Central Bank of Iraq, is one of them. And you know...that Central Bank is trying to what? Monetary Reform. Re-denominate. Reinstate. Revalue. ...And something happened with them? ...Remember I told you...that there’s a date...for the lifting of the 3 zeros to add value to the currency...I don’t know it...But in my opinion, there is a date. Well, if something happened with the BIS, and CBI, it seems to be it’s because that date is very close. ...(post 1 of 2)... 9-28-2018 Intel Guru Frank26 Okay, something happened with the BIS. Something happened with the WTO. Something happened with the CBI. Did you notice all of the sudden a few days ago, the CBI comes out and they says “...We’re just going to push the American Dollar away. We don’t want the American Dollar....we’re removing it.” ...we’re gonna ...start...paying our citizens...salary, electronically...and only with the Iraqi Dinar.” “And also, we’re doing some other things with only the Iraqi dinar.” ...We don’t want to use the American Dollar. We’re removing it. Now do you understand what that is? With the MCPs the auctions? Well, you should be jumping for joy! A relationship between the American Dollar and the IQD will develop, but it will be in a basket of currencies. It won’t be in an auction of the CBI. The auctions are in wonderful position, right now, at this moment, for a reinstatement of the Iraqi dinar. ...(post 2 of 2)... That's all folks...!
  23. 9-27-2018 Newshound/Intel Guru Mnt Goat The CBI has just recently...told us that they fully intend to infuse yet even more of the 20, 500 and 1,000 notes into circulation. Why would they do this? They are doing this since these notes are now the most widely used notes in Iraq.They are even going after the worn-out notes and replacing them. They do not even mention the larger 3 zero notes anymore. But we know they are still there. We know that the CBI told us these older 3 zero notes will coincide with the smaller category notes for at least 10 years. ...(post 1 of 3....stay tuned)... 9-27-2018 Newshound/Intel Guru Mnt Goat Are there still the larger 3 zero notes in circulation? Yes of course...only 2/3 were taken out of circulation and so 1/3 still remain. Don’t forget also we hold some of this remaining 1/3. The CBI wants to retrieve these too. There are even some of the ATMs in Iraq that are still dispersing them. But this is short lived not the norm or the trend the CBI wants to push the monetary policy towards. These ATMs are only temporary and will change over as more of the smaller categories are dispersed by the CBI in the coming weeks and months. We know that the denominations the CBI still has to yet disperse are the 5, 10, 25, 50, 100 notes and coins...the 100 dinar denomination is probably the most likely note to be issued next...(post 2 of 3....stay tuned)... 9-27-2018 Newshound/Intel Guru Mnt Goat ...Many keep asking me - Will this RV ever occur? ...it will soon and is actually underway. ...We know (since they CBI itself has told us) that the reinstatement will be at a much higher rate and the currency will be re-pegged off the sole de facto peg to the US Dollars to an “SDR basket” of five currencies, one of which will be the US Dollar. We know (since the CBI itself has told us) that they want to move the Iraqi dinar back to its “glory days”...the 1930’s and 1940’s.. We can then look up the past rate of this period and see it was steady at around $4.86 USD per 1 dinar. This leads me then to believe that this is around the stabilizing, normalized rate that the CBI intends to have dinar someday soon....(post 3 of 3)... 9-27-2018 Intel Guru Frank26 The Central Bank of Iraq, in conjunction with the Government of Iraq, is in the process of going through what is called a “Monetary Reform.” Now that’s an “MR.” Okay? Now within the MR, consist, some other initials. Three of them in fact. The next one is what’s called the RD, and they’re already done with that. That’s called the redenomination. You know instead of a…a…a…a, $100 dollar bill in your pocket? How about if you had 5 $20 dollar bills in your pocket? Well, you redenominated that $100 bill into 5 $20 dollar bills. In other words, they want to get rid of the 3 zero notes and bring in the small notes; that’s the redenomination process. ..(post 1 of 3....stay tuned)... 9-27-2018 Intel Guru Frank26 And as far as I’m concerned, they are well past that as well too. Not only in the education to the citizens, but also in printing it. ...You saw millions and millions that they spent in printing new currency. ...They even told you which category... Very clearly. And we established the difference in the lower denoms, which have a space, a Specimen stamp on the new ones that are leaving the borders of Iraq! And where are they going? Oh yes! To all the other Central Banks in Iraq! [IMO] The Iraqi currency by the Central Bank of Iraq and many world entities along and in conjunction with the government of Iraq, are going through are… are going through a Monetary Reform, “MR.” ...(post 2 of 3....stay tuned)... 9-27-2018 Intel Guru Frank26 Inside the Monetary Reform is a re-denomination. Which I believe is also well established. ...After that comes, the third thing. Actually the third and fourth are in combination, and that might be what would cause some trouble. It is the re-instatement and the revaluazation, of the Iraqi Dinar. ...so in conjunction is the RI, the reinstatement, and the revaluazation, because once you reinstate the currency, it’s in position, either at that moment to revalue, or, it’s in position to revalue very shortly afterwards. How is it revalued? By the lifting of the 3 zeros of the exchange rate. Yeah. There is the Monetary Reform that is introducing a redenomination and that...will bring forth a reinstatement and a revaluazation. The RI, the RV can occur in conjunction, instantly together, or they can occur once and then the other one. But, it would be a Reinstatement first, that would then bring forth an RV....(post 3 of 3)... 9-27-2018 Newshound/Intel Guru David M. Witty ‏ Iraqi Speaker of Parliament: there are 31 candidates for the presidency of the republic, but only 7 meet the conditions. In Iraqi election news, Iraqi Parliament will go forward with 7 of the original 31 candidates for president. Most of the remainder do not have the necessary qualifications. 9-27-2018 Newshound Guru Adam Montana [The Kurds should give up on the Iraqi presidency altogether or at least reach an advance agreement on the post to avoid further disagreements and complications.] This should all be coming to a head soon, with the end result paving the way for HCL. 9-27-2018 Newshound Guru Currency365 Market in crisis by availability of lower notes (1000, 500, 250) having to pay 10% fee... whats happening now is a temporary situation Cause CBI cut Large amount of small notes & once it start Pumping in markets gradually during the next two weeks it will end crisis!! let the new notes with purchasing power rain down on the citizens
  24. 9-26-2018 Newshound/Intel Guru Mnt Goat UPDATE ON THE ELECTION SAGA: The news period since Monday has been very slow. I suspect that come Oct 2nd the flood gates will open up from the news media. But still no news of when they intend to vote on the new prime minister position. Again, I am telling everyone that there is some entity that is holding back and stalling the formation of the government. I keep asking myself why are they waiting until Oct 2nd constitutional deadline to vote on the president? ...So we do not see any date set yet for the announcement or voting on the prime minister position. We know they intend to vote on the president but not the prime minister on Oct 2nd. We have read a few articles from MPs and legal experts they would prefer to have this vote for PM also in the same session when taking the vote on the president. 9-26-2018 Intel Guru Frank26 Article: “Intelligence sources: unknown parties behind the crisis of small currencies and the Central Bank reveals the truth” Quote: "He said that "the scarcity of small groups of the Iraqi currency in the market is a temporary situation because the central bank cut large amounts of them and once it starts pumping in the markets gradually ending the crisis." [WHY CBI WILL DO THAT?] ONE REASON...TO CONTINUE TO EDUCATE THE CITIZENS AND TO TELL THE INTERNATIONAL WORLD...TO HAVE CONFIDENCE IN THE CURRENCY AND THE MR [MONETARY REFORM] OF THE IQD. 9-26-2018 Newshound/Intel Guru David M. Witty [via Guru chattels] Article: "Parliament ends its session in the presence of ministers of health, housing and water resources" Quote:" ...the second of October next is the last day to elect a president in accordance with the constitutional times ...." Iraqi Speaker of Parliament sets 2 October as final date to select new Iraqi President. 9-26-2018 Newshound Guru Adam Montana Short update: October 2nd is a critical date. Longer version: We're still slogging through the election/appointment process. I said weeks ago that this wasn't going to be a fast process, but we're nearing the end of it. You'll notice I just added the term "appointment" to the election situation... They made a big deal of "counting and recounting" the "votes", they came to within a very small percentage of accuracy on the ballot totals, so it should have been a no-brainer who the winners were, correct? Ah-ha, nope! Not in this game, my friends! Iraq calls their process a democracy, but anyone with half a brain knows it's not. This isn't bad for us. It might be frustrating and unfair to the Iraqi people...(post 1 of 2....see following)... 9-26-2018 Newshound Guru Adam Montana The good news is that we're nearing the end of this 3 ring circus of Iraqi "elections". A few "winners" will be announced (selected, appointed, anointed, or whatever you want to call it), and progress will resume. I mentioned that October 2nd is a critical date. Here's why: Parliament is set to vote in a President on that date...Keep in mind that the "Presidency" is much less important than the Prime Minister seat, in my opinion... And with the understanding that the entire process is rigged, I'm really looking forward to the very real possibility of a "*SUDDENLY*" event where Abadi retains his seat and this rocketship gets it's fuse lit! My summary today is simple... we could be a short week or two from seeing major events. I'm looking forward to it..! post 2 of 2)... 9-26-2018 Newshound Guru MilitiaMan Article: "Continue preparations for the reconstruction and economic development summit" Quote: "The summit will be a conference on the sidelines of the Golden Opportunity Exhibition to meet with the world's largest companies and investors looking to work in Iraq as well as international organizations" Sounds like the green light was given? Those that are asking for help have been shown evidence of the ability of those participating in Iraq, now... Imo... I mean that there are already international firms in Iraq, even very large ones competing for major contracts, that are above and beyond those out of the conference in Kuwait lined up in February, if not working now or were already? 9-26-2018 Intel Guru Bruce Finally we are at the point what is going on Iraq is accomplished. What that means is that for once we got Iraq agreed to do everything they need to do...and they just need to make their rate known internationally. The word is they are supposed to do that tomorrow [Wednesday] for Iraq for the Middle East and we are suppose to learn about it on Thursday. ...Most of the banks have gone dark, gone quiet...Occasionally we get one or two things from our bank contact that gives us pretty good idea on the timing...it is just a matter of time. We are right where we need to be, and I look forward to shortly what should be happening. 9-26-2018 Newshound Guru Kaperoni [In view of the commitment by Iraq to provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided NOT TO REQUIRE any further remedial action in connection with the breach of obligations under Article VIII, Sec 5.] If you're thinking they are in IMF Article VIII you are wrong. They have been trying for years to comply with the conditions of Article VIII in order to move into Article VIII. They have finally met conditions this year getting the spread within 2% and holding 90+ days. I have fully reviewed every IMF article and documented the specifics as it applies to us...
  25. 9-25-2018 Newshound Guru Kaperoni [Q? : In view of the commitment by Iraq to provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided NOT TO REQUIRE any further remedial action in connection with the breach of obligations under Article VIII, Sec 5.] If you're thinking they are in IMF Article VIII you are wrong. They have been trying for years to comply with the conditions of Article VIII in order to move into Article VIII. They have finally met conditions this year getting the spread within 2% and holding 90+ days. I have fully reviewed every IMF article and documented the specifics as it applies to us... 9-25-2018 Newshound Guru MilitiaMan Article: "Dr.. Haidar Hussein Al-Tohma / Al-Furat Center for Development and Strategic Studies" Quote: "The two biggest trading partners of Iraq, Turkey and Iran face economic sanctions and severe financial crises that may alter the profile of existing economic ties with Iraq." I will suggest that WS [Guru Walkingstick], brought this in for a very good reason. It is describing a view that is taken by, in what is actually happening in the local region and that apparently has been well thought out for the future of our investment we have in the IQD. For the people of Iraq, and even those surrounding her borders. Even painful, as it may be for two or three Countries specifically, it is happening. The effects will be profound...The increasing of purchasing power now is huge based on present exchange rate mechanisms in place, wait until Iraq goes live with the "New Currency" with an International Rate...The two or three that didn't play ball? Oh man.. ~ imo~! 9-25-2018 Newshound/Intel Guru Walkingstick 1). It is our understanding that the BIS as of right now is dealing with the CBI with debt settlements, starting from a particular date & are to be paid in IQD only... 2). Trying to clarify this right now but it seems that they are being required to do so at this time, WTO is also in the scope...They could have asked for this a long time ago but not possible because they were using US Dollars...and because they did not have a date for the RI...They can not pay at a program rate but, they have made payments before that can not be accepted/ redeemed as payment, until a particular date and time! Something different going on with the BIS...likely because it is an international debt settlement, not local... ie: local contracts... EXCELLENT for our Investment..!!! This is HUGE NEWS...!!! 9-25-2018 Intel Guru Frank26 [via sunny] Something happened in the last two weeks...I said something happened with the BIS and WTO. The BIS is the mother of central banks on this earth. CBI is one of them... I told you there is a date for the releasing of the three zero’s. I don’t know it but IMO there is a date. If something happened with the BIS or CBI it seems to me it’s because that date is close. ...CBI told the BIS, “By a certain date we will be adding back our currency. We will start paying our debts and want you to accept our payments. We want world trade with our currency. We already told everybody we printed the small notes and will introduce them. We want to make it formal.” ...(post 1 of 2....stay tuned)... 9-25-2018 Intel Guru Frank26 And IMO opinion...the BIS accepted this agreement with them. BIS agreed to accept Iraq’s payments in their own currency. CBI came out with an article, “we don’t want the USD.” Doing some other things with only the Iraqi Diner. You should be jumping with joy! CBI told the BIS they wanted them to pay their debts and only with their currency (the dinar)... the BIS set up meeting with the WB, US, WTO, etc. IMO they met. The CBI did this on behalf of the GOI because only the CBI can go to the BIS and make this type of a deal for the GOI...For the GOI to pay their own bills in their own darn currency! ...(post 2 of 2)... 9-25-2018 Intel Guru RayRen98 Parliament did meet on Tuesday, but no vote for President was taken. The Speaker of the House announced the 2nd of October to be the determining date for the selection of the President of the Republic. 9-25-2018 Newshound/Intel Guru Mnt Goat Article: "CONSTRUCTION: THE VOTING SESSION ON THE PRESIDENTIAL CANDIDATE WILL PROCEED SMOOTHLY AND SMOOTHLY" "...THE SESSION OF PARLIAMENT NEXT TUESDAY and allocated to vote on the candidate of the post of President of the Republic will go smoothly and easily ..." so in one article they say that they are going to wait until Oct 3rd to vote on the new president. Then the legal experts say this is against the specified timing requirement of the constitution. Then soon after this article pops out which is telling us they moved the voting of the president to Tuesday’s session [9-25-18]. So Tuesday, according to this article is not just about the Basra issues. So they have our heads spinning…..Will they change their minds again come Tuesday?
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