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Showing results for tags 'madness'.
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1-30-2019 Newshound/Intel Guru Mnt Goat So here we are the end of January already and still no RV. It has been a disappointing month for us but we do know that they made 2 planned attempts to RV this month in Iraq. Both were stopped by the US under NSA reasons. 1-30-2019 Intel Guru RayRen98 Iraqi TV is rampant with messages, statements, allegations and etc. 1. CBI governor Alaq informing the citizens that the reason for the delays is to increase the environment of the private sector. 2. Cleric Sadr calling for Alaq's dismissal from the CBI and referencing close ties to Maliki. 3. PM Mahdi threatens those who stole several billion dinar with publicly revealing their names and being prosecuted if the currency is not returned within one week. 4. Alaq is again on TV adding that the delay is also attributed to the concerns over the cabinet selections. Note: WAITING FOR STOLEN CURRENCY TO BE RETURNED WILL NOT HOLD UP THE RV. 1-30-2019 Intel Guru Bruce Iraq is basically out of the way. They did get a phone call from our President couple of days ago about being placed into Chapter 8 out of Chapter 7. They are in position now where they have their ATM machines loaded with their new currency, and they have been given instructions to take in all of the US Dollar, what we call USD, the fiat dollars, to collect all of those by the first of February because our USTN is going to be in a position where they should be out and live by or on February 1, 2019. That is a really good sign for us. ...Even though we have noticed the bank screens have a stamp day of tomorrow [Wednesday], Thursday and Friday, January 30, 31, and February 1st...They still do not have an exact start date for us...I would say we are looking for good the next 3 days especially Thursday and Friday... Everything is pointing to an imminent release for us. ...Union Operational rates, pages have been down. That is kind of unusual for those pages to go down, but I think they may bring those Operational rates back up on February 1st and they may reveal the current currency rates...I am excited where we are. I have heard really good things about the next three days. (I wonder where Bruce gets his information from...not heard from any other source...real or made up..? He's always out there with something outrageous, and has been wrong so far.) Could it be 1-30-2019 Newshound Guru Currency365 I would love to see something done with the CBI and the rate change before the American troops leave...I don't want the troops to leave before the rate change...We made that mistake the first time and we know what happened...if someone can take this back to Donald Trump...we do not want the troops to leave until they have completed the mission by removing the program rate and raising the value...giving them purchasing power and distributing the oil revenues to the citizens...they were supposed to have done that already...they have not held up their part of the bargain... -
1-18-2019 Intel Guru Bruce [via PinkRoses] The most recent picture has this happening either before January 21st...with some emphasis I am getting ...January 18th or Saturday. If not we skip over January 21st and go to January 22nd...It doesn’t guarantee it...It just means that is what I am hearing from very trusted sources that are very close to the situation. Iraq has basically been done and is no longer an issue the last six weeks...Iraq is out of the picture. If you are focusing on Iraq, you are in the wrong game. Let it go. It is done, done and done...I am going to say everything is still moving along like we think. Rates will be high. We just need the Go Signal. I am looking for that Go Signal anytime now. Bruce is still in his own world trying to give dates. 1-18-2019 Newshound Guru Breitling …They [Iraq] don’t have to revalue in one big pop or shot. They can revalue little by little. I’m not talking about a tenth of a penny. I’m talking about adding 10, 15, 20 cents a pop. Why they haven’t done it yet I don’t know. I simply do not have an answer for that. Because if I was them that’s exactly what I would be doing. I understand they have to protect themselves and not make it too expensive overnight to invest in Iraq…90% of their export is oil. That’s their economy. And the price of oil is going down so they are not making as much money. $56 a barrel is their break even point. I think it’s $54 to $56. They don’t just have to revalue for their sake. They have to send signals out to the international markets saying “we’re out to play.” If they are going to keep their currency low people are not going to send product to Iraq to be able to trade. It kind of binds them up. They need to start doing something. 1-18-2019 Newshound Guru MilitiaMan "FROM IRAQI TV: The Economic and Investment Committee.... Iraq may be forced to float the dinar to encourage investment in Iraq." Using words like Urgent Measures to reduce Auctions earlier, and now they may be FORCED to FLOAT the DINAR!!! The language is very powerful, thus, it is very important.. Again, the CBI stated the other day now, that the 2% fee on $20.00 (transactions) will cease on Sunday, thus, the take away is they may show us smalls.. imo.. Why all the Urgency?Logic points to reforms being completed, thus, change is coming...imo.
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1-3-2019 Guest Guru BobTheTaxMan Things have never changed. They haven’t. It’s [The Iraqi Dinar] an undervalued currency that we have elected to participate in. It takes a little bit of gumption to step up and try that…I hope and believe that somewhere in the very near future we are gong to see everything shift over in the Middle East and the investment we’re involved in to will come to fruition. 1-3-2019 Intel Guru ADMINBILL Where we are as of 01/01/2019...This is what was passed to me at last night. Once again the scheduled release of the RV, set for the end of 2018, and subsequently postponed, is now said to be rescheduled for early January 2019. As I have said multiple times in the past the RV must be preceded by a completion of all activation processes which I believe may have been completed in full or nearly so. The final process is said to be the public RV...After forwarding that information to several contacts it was stated that the information they have receive follows closely to what I just summarized...We shall see how this latest information plays out through the coming days and early weeks of 2019. 1-3-2018 Intel Guru zzzzzzzzz....I'm here because I know for a fact it's going to happen. If I didn't think it was going to happen I would sell my dinar...But I hang onto it because we've done our homework...but we don't know that it's this month...Now if it's this week that's wonderful...it will imminently happen sometime in history and I also believe that should be very soon...They are doing it...The plan is to do it as soon as possible...Do I think that huge thing is going to take place in 5 days...I am not longer going to do that...Eventually Iraq's going to get their money back...they are going to recatergorize the dinar... Lots of wishful thinking...IMO...But I hope they're right..! Wondering exactly what he means by Re-Categorize the Dinar...?
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12-4-2018 Newshound Guru Kaperoni ...the 2% rule has nothing to do with the choice of float...the 2% rule has to do with stability within Iraq and keeping the dinar exchange rate consistant within the country...the 2% rule is meant to eliminate MCPs within the country...not related at all to the nominal exchange rate of the currency...unfortuately many people do not understand the terminology used by the IMF and others related to monetary policy...an example is MCPs or Multiple Currency Practice...MCP does not mean two currencies or dinar and dollar as some like to say. It means the price of an Item in one part of the country vs the price of the same item in another part. 12-4-2018 Guest Guru Doc.K [Guru ChrisC...Why does everyone think decimal places equals fils? Using fils at this rate would be ludicrous. If we don't see that decimal point move to the left, I don't get what we are dancing about.] In order to have parity or an exchange rate with a major currency, they need to change to the same 2 place decimal system to convert. i.e. The USD does not have $1.259 it is only $1.25 or $1.26. This forces them to use a fraction of a dinar ( a fil = the metals) in the market place and INTERNATIONALLY. They are not dealing with WHOLE #s anymore as in $1 usd = 1200 dinars. 12-4-2018 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on unfilled cabinet positions. Iraqi Parliament meeting to approve unfilled cabinet positions ends in chaos & shouting among political blocs. 12-4-2018 Newshound Guru Kaperoni [And The reason why the IMF is still preventing Iraq to become ARTICLE VIII?] They are in compliance now but have not had their 2018 Article IV Consultation yet because the government has not been officially formed. Though not a requirement, I do expect this consultation to occur before any move to Article VIII. 12-4-2018 Newshound Guru Kirk H. Sowell So they managed quorum after all, with 168 MPs, parliament is meeting. But quorum is 165 so that's a very narrow margin of error if they try to hold a vote, just four could walk out and break quorum. 12-4-2018 Intel/Newshound Guru sandyf ...Although what Kap [Guru Kaperoni] says is perfectly valid I would not agree. Floating the currency would not be a normal course of action for an emerging economy. Egypt was pushed into a float and look what happened...I doubt if that is what people want to see. It is not only emerging economies at risk, the Russian Rouble became fully convertible in 2006 but avoided the risk of floating until 2014, again a significant drop in currency value. ...I for one would hope that Iraq does not face similar problems. 12-4-2018 Newshound/Intel Guru RVAlready I think it is a good week for Allaq to push the button. They really need the RV to move forward…So much of what they want to do needs money. The RV will supply that. 12-4-2018 Newshound Guru Kirk H. Sowell So today may be a big day in #Iraq politics, with parliament scheduled to meet...with completing the cabinet of PM Adil Abd al-Mahdi on the agenda. Or maybe it will wimper & fail to make quorum, or just skip the cabinet votes & be nothing...
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12-2-2018 Newshound/Intel Guru Mnt Goat Is the dinar really already 120 : 1 in Iraq? ...this may have been just a wild and wide swing in the marketplace in very isolated towns due to the sudden shift from the currency auctions when the decision came out to use dinar in place of the US dollar for trade with Iran. ...So then the dinar rate could rise against the US dollar and swing very suddenly. It may have done this last week...(post 1 of 2).. 12-2-2018 Newshound/Intel Guru Mnt Goat The CBI MUST change its program rate to legitimize this rate change after so many days, according to meeting Article 8 requirements. ...If it does not it will not be within the 2% mandatory compliance as set under Article 8. ...The question is for how long can the CBI hold off until they must change the program rate to stay within compliance to Article 8? So far it has been a week already and they have not done so. ...We have also heard rumors that the 120 :1 is now showing up on the ISX...it is NOT TRUE! ...We could be in for a nice Christmas if all goes well...I do know there is a target for LATE Dec to EARLY Jan....(post 2 of 2)... 12-2-2018 Intel Guru Frank26 HEADINGS Exchange Iraqi dinar globally 4:00 AM Baghdad time Iraqi Dinar Exchange Worldwide 4:00 AM Baghdad Time foreign currency / US Dollar 1 USD = 1,191.0000 Iraqi Dinar 1 Iraqi Dinar = 0.0008 USD ...WHAT WAS ONCE BEING TESTED...LAST YEAR WITH WS'S [Gruu Walkingstick] FIRM AND BANKS...IS NO LONGER ...INSTEAD NOW BEING IMPLEMENTED PERMANENTLY..! 12-2-2018 Newshound Guru Kaperoni [Isn’t article 8 the reinstatement of their currency on to international trading platforms?] No. It is a standard of banking practice. The dinar is international now, just most if not all banks choose not to trade or do business with until that standard is met.
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12-1-2018 Newshound/Intel Guru Mnt Goat [Q? : ...Have you had any direct contact with you CBI source to confirm that they are on track for late Dec or early 2019? The news you present is extremely exciting and is falling into place just like you predicted.] yes, and yes... However they must get this govt formed and they must keep Iranian influence out of it. This is now what the CBI is waiting for. So if this all lines up in late Dec, EARLY Jan I am hearing they will do it. 12-1-2018 Intel Guru Footforward [Q? : ...Do think the dinar will revalue or am I living a fantasy? Should I get rid of it?] I can't tell you what to do. But I'm not getting rid of mine and I'm buying more. I believe this will happen. 12-1-2018 Newshound Guru Kaperoni The best we can hope for is the CBI moves to Article VIII under the IMF. Then float the currency as investors begin to rebuild Iraq. Only then as investors/investment comes into Iraq can the dinar begin to appreciate gradually. This is a process not a overnight event...! 12-1-2018 Newshound/Intel Guru Mnt Goat So I already proved to everyone why the end of the year (late Dec or EARLY Jan) is the BEST and MOST OPPORTUNE time period for Iraq to drop the zeros and then reinstate the currency. 1) Jan 1st is the beginning of the financial fiscal year within Iraq... 2) In ALL, and I mean ALL, of the previous, legitimate periods to reinstate the currency, they CBI always planned within LATE December to EARLY January to do it. This is well documented and FACTUAL periods...(post 1 of 2)... 12-1-2018 Newshound/Intel Guru Mnt Goat 3) Just prior to the event they begin the slow education to the citizens and we are now witnessing this event once again. We are getting very close... I do not believe the CBI will just launch all the newer smaller category notes all at once. But rather they will slowly phase in the newer notes (5, 10,25,50,100) and fils (coins) as the economy dictates... Yes, I can now truly say we are now entering this window of opportunity but we must be patient and just wait for FACTUAL news to come out...(post 2 of 2)... 12-1-2018 Intel Guru RayRen98 Rates are "at it" again. [Ray told us that rates were fluctuating yesterday; therefore, they must be fluctuating again today.] ...I still think this guy is nothing but an opportunist who is desperate to draw attention to himself...! Have a good night & weekend.RON
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11-30-2018 Newshound/Intel Guru Mnt Goat I...cringe when I hear someone tell you that these damned VISA and MASTERCARDS are...international. So the Iraq citizens need a credit/debit cards to conduct business when shopping...some sort of credit/debit card to coincide with the electronic banking. ...This does not mean they can now take these cards and also use them abroad in their POS systems...these Iraqi cards are NOT...international ...At least not yet. But they do have this capability for the future. ...any new Iraqi credit or debit cards from VISA or MASTERCRAD is a move in the right direction and is everything we should be looking for now. 11-30-2018 Newshound Guru MilitiaMan Quote: "In Baghdad and in cities across Iraq, blocked off roads are being reopened, checkpoints removed and blast-walls dismantled, as Iraqis begin to build a peaceful, secure and prosperous future." They are showing the world they are on the offensive and the capital will be a place they will be able to freely move about equally.. Security and Stability... A very vital issue and barrier done for the people... All very good and the timing is perfect! IMO. 11-30-2018 Intel Guru Bruce [via PinkRoses]... we told you we were looking for everything to go into the Gazette on Wednesday from Iraq, and it did. Everything was put in there. We got confirmation on that...the G20...starts Saturday in Buenos Aires, Argentina...It is a (2) day meeting. ...the Prime Minister Xi in China, he wants this blessing as we tend to call it, the GCR, let’s call it the RV for our purposes, he wants this done well ahead of the G20 meeting on Saturday... It could be hours, a day. What we are saying is this is so close. ...I really think we are down to the point where we are up against the wall, and there is absolute desire to get this done now...Do not be surprised if something does happen by Saturday, before Saturday, on Saturday...because Saturday is December 1st, and we believe they want this done prior to that. Let’s see what happens. 11-30-2018 Intel Guru RayRen98 Rates were fluctuating today...was informed that they were testing the system. Hmmmmm? Time Will Tell All! A GOOD SOURCE SAYS, "INVITATIONAL EXCHANGES" ARE STARTING TO TAKE PLACE...TIME WILL TELL.
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11-29-2018 Newshound Guru MilitiaMan Article: "260+ attend IBBC Iraq Reconstruction Conference" Quote: "IBBC welcomed 260+ delegates to Dubai to discuss ‘Iraq – Reconstruction & Rebuilding, how to deliver Vision’ with expert Industry, Government and International Organisations on 25th November" ...This is all about past tense as it is over now, as it is what was talked about, what was accomplished and with HUGE names involved.. This just shows go time is upon us. imo. 11-29-2018 Newshound Guru Mnt Goat Is the Iraqi currency International? ...let me debunk this rumor once again about any VISA or MASTERCARD going international and issued from an Iraqi bank. First, I will once again define what it means for a currency to be international: 1) for the IMF must recognize the currency under Article 8 of the UN member charter; 2) the currency MUST be tradable throughout the world not just in one area of the globe; 3)the currency, because it is recognized and traded around the globe, it is listed on the currency exchanges, where it is freely traded. Does it meet all of these conditions? Of course not...So these Iraqi cards are NOT yet really international yet. At least not yet. But they do have this capability for the future. 11-29-2018 Newshound Guru Kaperoni [...they have already reduced the money supply.] ...Wrong! This has not happened. If it did the auctions would be out of balance. As said last week from the CBI over 40 trillion is outside of the banks. Only when the dinar begins to rise gradually can the money supply be reduced...
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