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Found 181 results

  1. HAPPY THANKSGIVING EVERYONE...GOD bless you all...! 11-22-2018 Intel Guru Delta FROM IRAQI SOCIAL MEDIA .(wink) News of an agreement to raise the value of the Iraqi currency to become equal to the US dollar and cancel the 3 zeros as well...1000 IQD = 1000 USD. HAPPY THANKSGIVING FAMILY...DELTA 11-22-2018 Newshound Guru Adam Montana [Please tell us will this colored paper ever RV?] If I didn't believe it would, I would have sold all mine. That is not the case - I'm sitting tight, with my ...Dinar stash close at short-term swings in the currency auctions. So we wait and watch what the CBI does next before we get too excited. 11-22-2018 Newshound/Intel Guru Mnt Goat ...we have rumors coming from Iraq of the dinar rate operating at 120 IQD/USD. Wow! ...This is amazing but before we...get too excited let’s look at what is really happening. ...this is nothing more than the initial shock from the lack of dollars coming out of the currency auctions. We know that when for any reason something effects the sale of dollars in these auctions it drives up the rate for the dinar since the dinar then is used more and thus a higher demand for it. Simple supply and demand ration. Right? ...(post 1 of 2).... 11-22-2018 Newshound/Intel Guru Mnt Goat But this higher rate of 120 dinars to the USD is the “market” rate. And so what will the CBI do next. They must maintain the 2% spread between market rate and the program rate. Will they adjust the program rate? This is the rate we really want to see change since the market rate could have massive temporary swings in relation to short-term swings in the currency auctions. So we wait and watch what the CBI does next before we get too excited...(post 2 of 2)... 11-22-2018 Newshound Guru Adam Montana The difference between the Lotto Pool and the"luck". There is no "luck" involved, unless you were just lucky to have heard about it before it happens. At some point, we're all going to look back on this and say "Hot DAMN did we get lucky!" - but it's not really luck. Iraq still has a major portion of what is one of the most valuable commodities on the planet. Iraq has been torn down, beaten, and bruised...and then clawed it's way back to a very respectable place. If you're like me, you might be a little annoyed with the wait. But you also realize that the "wait" isn't unreasonable. It only seems like this has taken a long time because unrealistic expectations... Things happen in their own time, not on our time. The magic for us is when those two line up... and the signs are looking favorable.
  2. 11-21-2018 Newshound Guru chattels We have fought the good fight, holding on to faith and good conscience, I think. We shall see what fate has in store for us. Hopefully sooner than later. Either way it would be most excellent to make an end to this journey. 11-21-2018 Newshound Guru Kirk H. Sowell #UPDATE: The Iraqi parliament is set to meet today, but confirmation of nominations to complete Abd al-Mahdi's cabinet (8 ministries are empty) is not on the schedule. There is talk on agreement on the non-security ministries, but even the others will not pass today. 11-21-2018 Intel Guru RayRen98 [via sunny] It's done it's finished! Trial runs have been initiated. We just wait for the call! 11-21-2018 Newshound/Intel Guru Mnt Goat Everyone should be VERY, VERY excited with the news I have to bring you today. The CBI has finally spoken to us and started the re-education campaign. I have a saying “the campaign is followed by the champaign” This recent re-education is telling the citizens how the redenomination of the dinar will work. These articles today are not the end and there is more to come. Does this education sound familiar? It should as it is just like what they did in 2012? In fact, I am comparing the articles from back then and they are almost identical. So go figure. Or does it have the same sound as in late 2015? Oh – if you recall the CBI came out with almost the exact same articles and at the exact some timeframe prior to their proposed actions. In both past instances it was early to mid November for an EARLY new year reinstatement. We can only pray now that they do more forward all the way this time and do not postpone it again. 11-21-2018 Intel Guru Bruce [via PinkRoses] ...(10) tranches of (83) zeros each came from China and went globally around the world to various central banks so they can be distributed money into various banks for use for our exchanges. That is a lot of money...that has been put into the system for our exchanges. We did get confirmation today that Yes there is a new In-Country rate for Iraq. Understand this is the rate available for them on their cards, and the rate comes out at $6.78 in-country... Those cards were used and are being used now in Iraq today... Our rate on the front screens in the banks when we go in for exchanges and redemptions should be higher than that. I have been given an approximate range, but I do not want to go there. Trust me it will be higher than the rate in-country for Iraq. ... we do believe this will be a Thanksgiving weekend to remember. 11-21-2018 Newshound Guru Kaperoni‏ ...Only when the CBI moves off the peg to a float and accepts Article VIII will we see a gradual rise occur. HAPPY THANKSGIVING EVERYONE.....THANK ALMIGHTY GOD FOR HIS BLESSINGS, PROVISIONS & FREEDOM..! RON
  3. ******************* Tuesday Afternoon Guru Posts ******************** 11-20-2018 Intel Guru Frank26 [via Clare] Potus wants to deal with Iran & Mahdi is doing it for him... POTUS going to beat MR senseless on Mahdi... POTUS brokered export of Oil with Kurkut dealing with that & HCL...He wants citizens to get their share of wealth ...Iraq about to be flooded with Oil companies & jobs. Investment Law being pushed of precious minerals & metals to bring companies to establish mining in Iraq...more wealth...under HCL. 11-20-2018 Newshound Guru ChrisC Article quote: "The central Bank of Iraq, on Monday, unveiled the details of the "Currency structuring" project, which aims to eliminate 3 zeros, to facilitate currency trading." I am reading this and it sure sounds like the 2nd article. Is it not? I am wondering if Trump has already been over there for a congratulatory photo op and maybe we wake up to this and an announcement of the new asset backed currency. What do you think? 11-20-2018 Intel Guru Delta Article: "Structuring of the currency: the Central Bank is preparing to delete 3 zeros from the Iraqi currency" Quotes: "the draft currency structure aims to delete three zeros to turn the category of a thousand dinars to one dinar, while replacing the thousand dinars in the place of one million dinars."; "...stressing that "this project must be implemented despite the obstacles that led to the postponement." 11-20-2018 Newshound/Intel Guru Walkingstick 12 ------> 9 ...Trillions to Billions ...RD coupled with RV...moving forward -----> RI... Follow, the Turkmenistan model... 11-20-2018 Newshound Guru MilitiaMan [I believe Dr. Shabibi stated that the best time to revalue a currency is at the beginning of the year.] Yes that was many years ago and Alak is at the helm today, and not only times are different now but, circumstances are much better now than then... imo. ******************* Late Monday Night Guru Posts ******************** 11-19-2018 Newshound/Intel Guru Mnt Goat Article: "AGREEMENT TO RESUME THE EXPORT OF KIRKUK OIL BETWEEN THE IRAQI GOVERNMENT AND THE KURDISTAN REGION" Oh boy! This was music to my ears when I heard this news. We have been waiting for this news. This is article 140 referendum implementation even though parliament has not yet passed it. Wow! Like I keep telling everyone we have been waiting for this to happen. 11-19-2018 Newshound Guru MilitiaMan Article quote: "Adoption of the unified banking number (IBAN) which contributes to improving the level of banking services and clearing services and settling payments locally and internationally." IBAN stands for International Bank Account Number. Now to Prime Minister Mahdi...has his expertise and many years of it and include Oil Minister and Finance Minster and now Prime Minister of Iraq. He has been around since the origination of the Paris Club, and had good relationship with the Kurds. Now we see the Kurds are happy, as they turned the oil back on through Ceyan Port to Turkey...back up to 500k barrels a day, as of this weekend... Why do I bring that up? ...(post 1 of 2)... 11-19-2018 Newshound Guru MilitiaMan Well the HCL of course...not to mention the citizens getting paid and possibly on International Master Cards, but, the money from all sales through the country will need a safe and secure way to settle payments.. Not just from the retail side of things but for very large payments by Oil Sales, and that the IBAN account will apparently be used in that process of clearing payments. ... They are methodically playing this hand to the T... they are showing that they have in place mechanisms now to cease the Auctions, as we know them. So this is all looking so very sweet. Wednesday this week is a powerful day for...Mahdi seating Cab [cabinet], possibly 2019 Budget and Alak in Parliament again... IF those are correct, they should be somethings to watch for.. imo....(post 2 of 2)... 11-19-2018 Intel Guru Frank26 Article: "Trump plans to visit Iraq" Quote: "US President Donald Trump said on Monday he plans to visit Iraq and Afghanistan in the future." "I have several plans, including the visit of US soldiers in Iraq and Afghanistan," ...LAST MONDAY...A WEEK AGO... WE... SUGGESTED IMO...THAT THIS WAS GOING TO HAPPEN...
  4. 11-19-2018 Newshound/Intel Guru Mnt Goat Article: "The Iraqi market for securities announced the launch of the circulation of national bonds issued by the Central Bank of Iraq category five million dinars." To me this means the intent if to be sold to Iraqi investors inside Iraq. It says absolutely NOTHING about selling these bonds on the international securities markets. ...So if you want to buy any of these bonds ou will have to go Iraq and trade within the Iraqi Securities Exchange. The exchange is NOT yet international...It is not all about the RV or a sign the RV is about to happen. We know from the past they sold bonds before and did we get an RV? NO! The significance of it is that they are now trading them directly on their own in-country securities market. Is this good news for us? Yes, yes, and yes, but is only one step closer to what we want. What we need is for their securities exchange market to go international. Then I would agree that this is BIG news. But not quite yet. 11-19-2018 Newshound/Intel Guru Randy Koonce Well, it seems that the “USS Dinar” continues to sail. However, it does look like this ship is about to hopefully arrive in port very soon... First, are we [we are?] in a new window of opportunity ‘right now’. And I am sure that everyone is like me, and hoping that this will be our last window. When I say that, it again does not mean it will happen without a doubt in this current window; it does mean that there is a very good chance for the rate to finally change. The pressure for this to take place continues to be very great. ...Iraq has a new prime minister and nearly all of the cabinet seated. While there have been a lot of rumors flying about who is and who is not over the CBI right now, I do not believe that will impact ‘the event’ that appears to have been finally scheduled...(post 1 of 2)... 11-19-2018 Newshound/Intel Guru Randy Koonce I have been blessed with sources in several of the the well known 3 letter agencies. It seems that at least for now, all of my sources are once again saying the same thing. Our window is ‘wide open’ beginning right now though the end of November. Even if we don’t see it by then, that does not mean the window closes, but will simply remain open longer than we were told, and through the end of the year. Because of the sanctions on Iran, there is additional pressure for this to happen as soon as possible. It also seems that the plan is to reinstate the currency between $1- $2...then by the end of the year, to have it ‘established’ at the rate they plan to hold it at for some time. When we see a rate change, you will want to weigh you options and how you want to proceed based these suggested possibilities. ...we are in the final stages of this... I know this administration wants this to be over and now... so we are close...closer than we have ever been in a very long time. So, hang in there...It’s coming, one way or the other!! Breathe...(post 2 of 2)... 11-19-2018 Newshound/Intel Guru Mnt Goat Article quote: "...parliament is moving to take measures TO RESTORE THE INDEPENDENCE OF THE CENTRAL BANK." I did not know the CBI lost its independence. Didn’t parliament pass a law last year establishing the independence of the CBI? So what is this all about? Will the CBI then be able to reinstate the currency too as needed? Quote: "the Governor of the Central Bank bears waste more than 7 Billion Iraqi dinars in circumstances attributed to the floods previously flooded the province of Baghdad. " Alak was not the governor of the CBI in 2013, the time of the incident….hello! ...But Alak did see the country thru the war with ISIS and managed the funds appropriately.
  5. 11-18-2018 Newshound Guru MilitiaMan Article: "The Stock Market Announces The Launch Of National Bond Trading" Quote: "The bonds will be launched on November 18 this year, for the first time in the Iraqi market for securities," They look to be international as I see it, and they are primarily for those that have very big money! Not for the little guy.. imo.. That is imo a good thing. Qualified Institutional Buyer's - (QIB). 11-18-2018 Newshound Guru Kaperoni There is over 42 trillion dinar outside the CBI. And there has been no reduction so far. If the dinar is going to appreciate in value the money supply must be reduced. The only way it could happen would be gradually...thus a float is the only real option. 42 Trillion dinar is a substantial amount...the U.S. only has about 1.2 trillion circulating around the world. No way could Iraq support a money supply 40 times the U.S. If a float is the solution, the dinar can rise gradually over time, as money comes into the Iraqi banks it can be collected and destroyed thus reducing the money supply from Trillions to Billions. A RV or RI is not possible. 11-18-2018 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANKS SHOULD CONSIDER ISSUING DIGITAL MONEY (electronic form NOT crypto currency), IMF'S LAGARDE SAYS" ...Lagarde is NOT talking about crypto currencies. She is talking about electronic currency much like the USA already adopted...the IMF wants other nations too to go more electronic. We have seen this effort in Iraq to convert them and it is successful and allows them to use the smaller category notes and moves them into the situation where they can even eventually issued more even smaller category notes. 11-18-2018 Newshound Guru Adam Montana ...Lots of great arguments for both this year and early 2019... I'll be happy with either, but root for a Christmas RV. 11-18-2018 Newshound/Intel Guru Mnt Goat Article: "Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the appointment process continues to sell ministries between the political blocs in his government." So now we know the hold up in getting the remaining ministers. Will they conduct the scheduled announcement and voting of the last 4 ministers next Tuesday Nov 20th or will this too be held up longer? Just in...The next session moved to Monday, 19/11 at one o’clock.” Go figure! 11-18-2018 Newshound/Intel Guru RVAlready The bull is flying in Iraq today: Allaq and Mahdi are both resigning. (Yeah right). And I have a piece of swampland in a national park to sell you for $15 million. ...Allaq cannot be removed for something which happened before his time. I would treat all such rumors as false. Iraq full of bad news sources... Remember, Allaq wants the RV. Maliki threatened to have Shabibi executed for suggesting an RV. There seem to be players who do not want a technocratic government, and who do not want an RV. We have seen this before from Iraq. Some folks there want to take Iraq back to the former, very non-democratic times...(post 1 of 2).... 11-18-2018 Newshound/Intel Guru RVAlready Maliki is a bad guy. Unfortunately, lots of folks in Iraq respect him. ...I am sure Iran has some part in this. Nobody who is former PM or president of a country is easy to totally remove. They essentially have immunity for life, and they will always have followers. Hopefully, this will stop soon. I think Mahdi and Allaq will win the day... The bull is probably so thick right now, because the bad guys sense that Madhi and Allaq are about to win the day...The bad guys are just trying to sow confusion and dissent...(post 2 of 2)...
  6. 11-16-2018 Newshound Guru Kaperoni ‏ The latest...annual Article IV Consultation...done last September clearly states..."The authorities have appropriately maintained the exchange rate peg." This was done to help accomplish exchange rate stability in Iraq thus allowing the CBI to get in compliance. ...telling people the dinar is already on a managed outright false and not what is going on regarding monetary policy at this time. The CBI is working hard to meet compliance so that they can move forward and engage their banking system with the world...(post 1 of 3)... 11-16-2018 Newshound Guru Kaperoni order for the dinar to go up in value several other things must occur the Central Bank of Iraq for one has to rebuild the banking sector. ...the central bank has to meet the conditions set forth by the IMF. And...they must be in compliance in order to move from Article XIV to Article VIII. This compliance has not been achieved since 2012. And this compliance started again in March of 2018. Back then I told everyone that there would be a minimum of a 90-day window and which the CBI needed to hold such compliance's in writing and factual. Since then the CBI has done an excellent job maintaining the 2% compliance requirement to move to Article VIII under difficult circumstances within the country, this doesn't mean they will move today or tomorrow because other factors still exist which could still hold this up. ..(post 2 of 3).... 11-16-2018 Newshound Guru Kaperoni In order for Iraq to engage its banking system with the world's financial system It's a combination of government effort and financial stability/compliance. And again as we stated several months ago a new government would need to be formed, stability and security would have to be proven as well as any other legal or laws necessary to perpetuate the investment process. That being said there is a sense of urgency in Iraq to move Iraq forward now rather than later because Iraq needs money to rebuild and private investment is that solution. ...bringing an influx of capital into a country will create substantial inflationary pressure through the CBI capital account...this has to be accounted for and that's why the CBI must move off of the peg to a float prior to such action...(post 3 of 3)... 11-16-2018 Intel Guru Bruce ...I do not use the S word very often, but I do believe this is very soon. ...We have heard about some time frames like 72 hours from the time that the USTN went asset back which was Tuesday. So 72 hours from Tuesday afternoon at 3:15pm. Could we see something then by that time? Quite possibly. The Redemption Centers ...are essentially are on high alert starting tomorrow [Friday] afternoon. We also know that the Dinar and Dong which are looking blacked out now are supposed to be up by Saturday afternoon/evening...we supposed to have those two currencies rates show. ..(post 1 of 2)... 11-16-2018 Intel Guru Bruce I am not a huge fan of this on the weekend, but banks do like the weekend. They like the idea of Saturday. Are we going to go before Thanksgiving which is Thursday? I believe so. Yes, I do believe that is true. We have heard to be fully funded, to have money to spend for Black Friday/Thanksgiving...we should have this any day now literally. I can’t say it is definite. ..(post 2 of 2)... 11-16-2018 Intel Guru Frank26 [via Clare] They tested, tried, the lifting of the 3 zeros for 4 years @ a dual exchange rate...the program rate we see & the 1- 1 we don't see....(articles prove this)...Based on what we read, that rate has well exceeded 1-1. ...more reasons, for more calculations, that have been tested successfully to calculate fractional banking - the ISX - marketplace will need and use fils...right now these and more calculations are all about accounting & math of the lifting of the 3 zeros... ISX going International... as Articles said! ...LAUNCHING the RI with NO mistakes! ...(post 1 of 2)... 11-16-2018 Intel Guru Frank62 ...It's one thing to test fractional banking internally but completely different introducing @ onset of banking with the IQD... ISX was testing an offline platform...with USA stock exchange, (don't think a PR rate) also with European Exchanges, ME Exchanges, Arabic Exchanges & Asian Bourse... It's happening right before our eyes whether we can see it or not! ...our sharing is weeks ahead! Just because we don't see it doesn't mean it's not happening! ..(post 2 of 2] )...
  7. 11-15-2018 Newshound Guru Kaperoni [It’s getting hard for me even seeing when or if they are ever going to float. The corruption, the stalling, the bickering/infighting, the is getting really difficult to see them ever getting past it.] Yes it can be frustrating. Keep in mind the IMF, World Bank and others are pushing this reform forward. 11-15-2018 Newshound/Intel Guru Mnt Goat Article: "ALMOST DAILY REPORTS OF THE ARREST OR ELIMINATION OF THE MILITANT GROUP’S TERRORISTS, THEIR LEADERS, SLEEPER CELLS AND HIDEOUTS" ...the SECURITY situation in Iraq is stable but they are still having problems with the ISIS group infiltrating back into Iraq from Syria. But we know we have heard many articles about how SECURE and STABLE Iraq now is so these issues should not be a prohibiting factor in the reinstatement of the dinar. 11-15-2018 Guest Guru Sam I Am [Do you think we will ever make any money from the Dinar?] Nobody will get rich from owning dinar. It's possible to make a profit if the CBI decides to raise the value like they did from Nov. 2006 to Jan. 2009... about 25%...but it's very unlikely that they will. But even if that happens the profits won't justify the risk IMO. ...the problem is that most dinar investors have no experience with currency speculation (including me when I got in) and they don't understand how what a revaluation is...By the way, I owned over 8 I've been on both sides...the average dinarian only owns a million or my point is that I owned a lot more than the average guy... the IQD is pegged so it only goes up in value if the CBI decides that it will...they can't de-peg until their economy is diversified to the point that most of their revenues are non-petroleum based...((post 1 of 3).... 11-15-2018 Guest Guru Sam I Am so our main point of disagreement seems to be the feasibility of the IQD floating freely. I maintain that de-pegging would destroy iraq. Kap [Guru Kaperoni] has been saying that [the dinar would float?] since 2012 but he doesn't understand that all of those articles are talking about the managed float that Iraq is currently using...they maintain the peg by manipulating the money supply. [correct and the auctions] yes. so it's already floating ... just not "free floating" like the dollar or the euro. The IMF has already stated that the IQD is rightly valued where it is...bottom line is they back their currency with their foreign currency reserves which is about $50 billion. Divide that by their M1 money supply of 70 trillion and you have a currency that is rightly valued at less than 1/10 of a penny. The low level and the relative stability of inflation do not suggest any significant over- or undervaluation of the Iraqi dinar...the "program rate" isn't an artificially imposed rate but simply the rate used by the IMF for monitoring purposes...(post 2 of 3).... 11-15-2018 Guest Guru Sam I Am I didn't sell my dinar because it didn't happen on my time line. I sold because my research led me to the conclusions I'm sharing with you. If I believed it would happen I would hang on for another ten years or more. My research involves economics, IMF docs, history, law etc. Yes they're going to float the dinar in the future just like they're floating it now, via a managed float. ...those articles Kap [Guru Kapaeroni] quotes say that a more flexible policy will lead to an increase. But they mean an increase in the exchange rate not an increase in value. The CBI can adjust the rate any time they deem necessary. Trust me, a year or two from now you'll still be wondering what the hold up is. ..(post 3 of 3)... 11-15-2018 Newshound Guru Phillyman Article quote: "...the Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the auction continues to sell ministries between the political blocs in his government." Is the article true, accurate? Madhi certainly has his hands full. Who knows by the time you read this maybe all the positions will be filled with moderate, honest politicians. Of course the biq question everyone wants answered is when will the IQD move from its current level. Can we finally agree that no one knows or will know? Does the state of politics even impact that decision? The only person I listen to that makes sense to me is [Guru] Breitling. You won't find an answer to the date question...but you may feel a little better about your investment in Iraq. As insane as this country looks for investment to many I still believe. 11-15-2018 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT MEETING HELD ON MONDAY, MONETARY POLICY IN THE PRESENCE OF THE GOVERNOR OF THE CENTRAL BANK OF IRAQ ALI ALAK" So we can see the seeds have been sown and many of the newer members of parliament do want the CBI to move ahead with the currency reform. Will the CBI now do it after this meeting with parliament? All the financial news is the best it has been since 2012-2013.
  8. 11-14-2018 Newshound/Intel Guru Mnt Goat Article: "IRAN, FEELING SANCTIONS BITE, LOOKS FOR OUTLET IN IRAQ" So what do we know? We know that the US does not want Iraq to use USD to trade with Iran. I have always said these Iraqi currency auctions are now just funneling more money to the terrorist in USD and were set up initially to do just the opposite. So why even continue them then? They are part of the problem. How can this be since they forced Iraq in the past under the sanctions to use only USD thru converting dinar to US dollars thru these currency auctions. Oh – but these sanctions are now lifted and so why does Iraq continue to use these auctions..? "Answer: follows in post 2 below" ...(post 1 of 3....Reposted)... 11-14-2018 Newshound/Intel Guru Mnt Goat For only 2 reasons – a. continuance of corruptive banking practices (greed) and corruption and b. political will to execute the “project to delete the zeros”. Again these same politicians are making a...load of money off these fake banks. This is why Dr Shabibi realized the necessity to end these auctions as soon as possible. But the corruption during the Nori al-Maliki administration put a dead stop to this effort. This was the closest the CBI ever got to completing this project to delete the zeros. It has been an uphill battle ever since to do it...(post 2 of 3).. 11-14-2018 Newshound/Intel Guru Mnt Goat We know that the new asset backed currency rate calculation system introduced in 2012-2013 is generating periodic rates for many of these underdeveloped countries.These rates are pushed down to the banks through this system. Yes, these are real rates but they are not yet implemented. So why does the Iranian Rial all of a sudden show up again with a rate of about $3.90. WOW! This is remember all calculated based on assets and bumped around with neighboring middle eastern countries. This does NOT mean these rate are imminent or will show up LIVE today or tomorrow...(post 3 of 3)... 11-14-2018 Newshound Guru Kaperoni There is no RV or RI...if the dinar appreciates in value it will not happen overnight. That being said, monetary policy will need to change to accommodate investment and that means they will need to float the dinar. Floating the dinar allows the CBI to gradually raise the value to counter inflationary pressure created by an influx of investment. A float can start anytime, but i do not see it rising to equal a dollar for several months if not longer.
  9. 11-14-2018 Newshound/Intel Guru RVAlready The budget has nothing to do with RV timing. I do not think anyone plans a CBI investigation. The fact that the budget is already written in 1:1 numbers, should tell you everyone knows what is happening…. I think this is on a timetable. All the public stuff is just smoke and mirrors, as usual. Remember, this is a new parliament. Allaq reassured them that the MR is going smoothly. He seems to be in control of the MR, and we will see the RV when the date hits. I am hoping the date is this week, or, at the worst, by the end of November. 11-14-2018 Intel Guru Bruce Let’s start with Iraq... we find out tomorrow afternoon [Wednesday] Iraq time...4:30pm to 4:45pm Baghdad time that is 8:30 am to 8:45am Eastern Time things are supposed to be released as far as Iraq is concerned. They may put it out in the Gazette. They may do the Gazette thing which is great, but we are looking for them to release the ATMS with the lower Denoms and also put out a rate on the CBI. There are things that they have held back until we are ready to go...That is something that is supposed to happen on Wednesday...! 11-14-2018 Newshound/Intel Guru Mnt Goat Article: "FORGED DOCUMENTS FROM 3299 CARICATURES ABLE TO WITHDRAW FUNDS FROM CBI" .... yet there is more corruption in the CBI process. These currency auctions must end, as they are the source of most of this bank corruption. 11-14-2018 Intel Guru RayRen98 PM Madhi states that the completion of the delivery of the cabinet is in the coming days. Supposedly, a direct quote from PM Abdul-Madhi, "It was necessary to form the government before the end of the constitutional term and the government is strong and hear all the assessments and observations about any minister and we work on a compromise and an agreement to complete the squad in the coming days." [Hmmmmm, "It was necessary to form" sounds like past tense to me, what do you think? Or maybe it's the difference in the English language?] It appears that the CBI Acting-Governor Alak "might" be under official investigation for the disappearance (and/or damage) of seven billion dinar... 11-14-2018 Newshound/Intel Guru Mnt Goat Article: "IRAN, FEELING SANCTIONS BITE, LOOKS FOR OUTLET IN IRAQ" So what do we know? We know that the US does not want Iraq to use USD to trade with Iran. I have always said these Iraqi currency auctions are now just funneling more money to the terrorist in USD and were set up initially to do just the opposite. So why even continue them then? They are part of the problem. How can this be since they forced Iraq in the past under the sanctions to use only USD thru converting dinar to US dollars thru these currency auctions. Oh – but these sanctions are now lifted and so why does Iraq continue to use these auctions. Answer:...(post 1 of 3....stay tuned...More to come later today)...
  10. 11-13-2018 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi in news conference: I will finish forming ministerial cabinet shortly... 11-13-2018 Newshound Guru Kaperoni Central Bank Governor Allaq met with parliament on Monday to discuss monetary policy. 11-13-2018 Newshound Guru chattels Article quote: "Governor of the Central Bank of Parliament: We kept the dinar exchange rate against the dollar..." ...there seems to be obvious intentionality at work here. Some would argue that a range of value is being maintained. The 2% variance that Kap [Guru Kaperoni] talks about. Not refering to the 1190, but the market rate. 11-13-2018 Newshound/Intel Guru Mnt Goat one said the change would happen in mid Dec. I only said the re-education to the citizens has to begin before the reinstatement and in time to educate them, enough to do the event. I was told it would begin in late Nov. ...The reinstatement will happen and it is coming. 11-13-2018 Newshound/Intel Guru RVAlready One big thing yesterday. Allaq presented to parliament the advantages of the MR (monetary reform), of which the RV is a major part. Apparently the talk was very well received. Many have speculated that the release date has been determined, and everything we are seeing is just delay until they push the button. 11-13-2018 Newshound Guru chattels Article quote: "...the Prime Minister Adil Abd al-Mahdi will present the rest of his booth including ministerial candidates for Defense and Interior on the 24th November." Most recently it was to be this Thursday, the 15th. Now it is the 24th? 11-13-2018 Newshound/Intel Guru Mnt Goat Article: "MAINTAIN THE EXCHANGE RATE OF THE DINAR AGAINST OTHER CURRENCIES" Quote: "...the central bank balanced between the financial options and managed despite the pressure and impossible goals to maintain the exchange rate of the dinar against other currencies, including the dollar..." ...again the CBI is announcing the ability to keep the exchange rate of the dinar stable... [Side Note: the CBI has maintained the IMF required 2% balance between the Official dinar rate and CBI reported Market rate since ~ March 15, 2018 - {See posted Daily Auctions for the daily CBI dinar rates.}..]
  11. 11-12-2018 Newshound Guru ChrisC I have formulated something from one of my favorite literary characters, Sherlock Holmes. Sherlock says “How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth?” ISIS is no longer a problem, there is safety and security, enough that an oil rig operator I know that said he would never go back is going back, a fully formed government (or just about), they have sanctions off of them and assets returned and the full support of the whole World. ..(post 1 of 2)... 11-12-2018 Newshound Guru ChrisC ...I believe the vast majority of Iraqi's are good people, and those that are corrupt in power have now been neutered. Corralling all the corruption has certainly taken longer than anyone probably expected, but I do believe we have a pretty firm handle on that now and finally finish the process. I believe they have had a target date in mind for a while now, but we simply have not arrived at that date just yet. Let's see what these next few days/weeks bring us and what they choose to reveal publicly as this year begins to wind down. I think we will all be very happy before too much longer, IMO....(post 2 of 2).... 11-12-2018 Newshound Guru Kaperoni ...The IQD is not on a managed float but a peg to the dollar...As for a float in the future, the IMF is very clear on this directive as Iraq needs to exit the peg prior to opening their capital account to foreign investment. This is all in the Article IV Consultations... [...if Iraq floated their currency they would go bankrupt.] ...the CBI controls the currency and the amount of currency in circulation just like any other country. Some 200 countries float their currency are they bankrupt? Every single one of us should hope and pray the CBI gives up the peg chooses a new exchange rate regime that is a float and allows the dinar to gradually rise over time as the IMF stated allowing them to reduce the money supply. 11-12-2018 Newshound/Intel Guru Mnt Goat Article: "WHY ARE IRAQ'S KIRKUK OILFIELDS SO IMPORTANT?" Quote: "Iraq’s oilfields in the disputed Kirkuk region have taken on new significance after the United States restored oil sanctions against neighboring Iran. Washington is pressuring Baghdad to resume exports that stopped last year." This is a great insight into Article 140 and the necessity to pass a referendum on it and implement it into law. 11-12-2018 Newshound Guru MilitiaMan They are telling us they are literally coming on stage internationally. Today they are actively spelling out internationalism based on statements... Quote: "The governor of the Central Bank of Iraq Ali al-Alaq, Sunday 11 November 2018, that the actions taken by the bank was sufficient to move Iraq to the normal follow-up area." That to me means they are just like every well organized bank that is involved in doing international trade. Equal footing if you will. Level playing field!! . Quote: "This new indicator will enable all international financial institutions to open their doors and their relationship with our banking institutions in Iraq..." (post 1 of 2).... 11-12-2018 Newshound Guru MilitiaMan Pretty sure this all comes out the day before Alak is to be in Parliament.. The day before the UN has a topic on IRaq as well... Did we not recently hear Pompeo and Mnuchin speak in finance and economic circumstance done in IRaq, then Trump and Macron Support the new Mahdi GOI? Yep, Oh and yes the Paris Club... ...Kind interesting that Parliament has the 2019 budget on deck and we learned the payments start for the Paris agreement in 2019... All key items timed so ever should give a calming effect for those that thought this was simply flip the switch already...It is and has been a very complex undertaking that was like and ebb and flow tide. Always moving toward a common ground...I suspect if one is following along, this is starting to show a pattern of motion in more of a one direction specifically, and that is internationalism.imo...(post 2 of 2)... 11-12-2018 Intel Guru Delta CBI DID NOT REPORT AUCTION FOR TODAY [SUNDAY]!!! [...does that mean the process of canceling auction coming to an end.] WE SHOULD FIND OUT IN THE NEXT 24- 48 HRS... 11-12-2018 Newshound/Intel Guru David M. Witty Iraqi Parliament's schedule for tomorrow does not include voting on unfilled ministerial positions. Iraqi MP says nominees for unfilled minister positions have been decided except for Defense & Interior Ministers. PM wants to avoid announcing names to avoid political attacks. Defense Minister semi-decided but no progress on Interior Minister.
  12. 11-10-2018 Newshound/Intel Guru David M. Witty US gives Iraq an exemption to Iranian sanctions for 45 days to allow it to import Iranian gas & electricity. Iraq must develop a plan to ween itself from Iranian imports. 11-10-2018 Newshound/Intel Guru BGG Flashback – The Iraqi Dinar is the official currency of a COUNTRY. For any bank, banker, lawmaker, adviser or official (of any kind) to make the statement “the Dinar is a scam” is JUST... foolish...The Iraqi Dinar is the official currency of a COUNTRY. Numerous times I have pointed to SIGIR Report as guidance. THIS REPORT WAS SENT TO CONGRESS IN MAY of 2012. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO BE VALUED AT AROUND A DOLLAR IN 2013...For ANY member of our Government to say they have no idea what is going on here – means they simply haven’t read some very basic documents presented them...(post 1 of 3).... 11-10-2018 Newshound/Intel Guru BGG I have often pointed out this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGIR report gives us some VERY valuable insights…1) This was information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. This goes directly to the validity of this venture – against all advice from Wells Fargo or other such naysayers. 2) It points out there had been a legitimate “plan” – or time frame in motion… having been projected to be done in 2013. What the current time frame is now, or what the current plan is – hard to say...(post 2 of 3)... 11-10-2018 Newshound/Intel Guru BGG 3) It gives us an idea as to who is was charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki, at that point. Period. Historically – he had been a “weak Dinar” policy advocate. Are they likely to now push this forward? Make note, Mahdi is an actual economist and was one of the Vice Presidents of Iraq from 2005 to 2011. He formerly served as the Finance Minister in the Interim government and Oil Minister from 2014 to 2016 (Wikipedia sourced). There has been a flurry of references to this same aforementioned “project” recently in various news articles. 4) Though no guarantee of a future plan they wind up engaging – this report pointed out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″…(post 3 of 3)... 11-10-2018 Newshound/Intel Guru Mnt Goat ... I have been telling you in my “project to delete the zeros” and how it will first get revalued in-country within Iraq (not yet on the currency exchanges). Then up to 2-4 weeks later, once it is stable in Iraq and no hyper-inflation situations arise (checked for inflation), the CBI then intends to unleash the dinar on the international markets, thus requesting the reinstatement. So far they get to a certain point and the project keeps getting put on hold or stalled. So recently we heard that there was the largest busting up of a counterfeit ring within Iraq...we know they need to break up these rings of counterfeiters prior to the RV...(post 1 of 2).... 11-10-2018 Newshound/Intel Guru Mnt Goat I also told you this is multi-facet and there are many parts to it. This is VERY big and complex. So, the CBI needs to get to the reinstatement part and get to a point AGAIN when they can request permission to reinstate. But this is not the final end. Once the permission is given, the CBI then can begin the launch the smaller, smaller category notes (5,10,25,etc) and work their way up to the .83 cents (approx). But as I told you they get the permission and then it is pulled away once they move ahead again. This is an obstacle but remember they also have to proceed with the process first and it is not as simple as getting permission and then the RV appears. There is a process in between. Be patient..!-...(post 2 of 2)...
  13. 11-9-2018 Newshound Guru chattels Large volume of currency sold at auction...The Central Bank is selling $ 225 million in the currency auction today [Thursday] | 07/11/2018...Typically ( of late ) large volume sales are an effort by the CBI to maintain stability in the rate / value of the dinar against the dollar. 11-9-2018 Newshound Guru MilitiaMan Article: "Documents .. Signatures to distribute the amount of each barrel of oil to the Iraqis" I am not sure how many signatures they'll need, but, the fact that they are collecting them makes me happy as all get out. They get this done, and for all citizens get a slice of every barrel of oil on their cards... Who wouldn't sign it after all these years? Lets not forget the possible motive to put pressure next door, as we watch the unrest. Like we have talked about of recent, the IQD brings purchase power the neighbors are going to be jealous.. imo. 11-9-2018 Newshound/Intel Guru Arthur There is finally something to talk about. Yesterday Fifty deputies signed for the deduction of the amount of each barrel of oil and distribution to each individual Iraqi. This is the long awaited HCL. This event is not just about international Dinarians getting a tremendous return on their investment. It is more about Iraqi citizens being paid from the enormous oil wealth of Iraq. ...oil rich neighbor Kuwait provides their citizens a monthly food supply... If the government can not find a job for a citizen that citizen gets 200 KD ($650) per month until they are employed. If a citizen works in the private sector...they earn 900 KD per month in addition to the salary their employer provides (that’s almost $3,000 USD per month on TOP of their regular salary!). All Children get $200/mo till their 26 years old. The minimum pension is 1000 KWD ($3,000). Healthcare and education are free...(post 1 of 2).... 11-9-2018 Newshound/Intel Guru Arthur ...when the HCL is fully implemented in Iraq, an Iraqi citizen must be able to swipe their Qi card and receive monthly oil benefits anywhere in the world in the currency of whatever country they happen to be in. That will require an internationally recognized, revalued currency just as Kuwait has. Once fully implemented, then and only then will we see any significant increase in value in the IQD...(post 2 of 2)... 11-9-2018 Intel Guru Bruce ...I know Iraq is looking for some type of approval from the IMF for something regarding Chapter 8. ...My understanding is Chapter 8 is a United Nations thing that takes you from Chapter 7 which they completed to Chapter 8, and I believe is IMF is just acknowledging Chapter 8 from the UN that should take place tomorrow [Friday]. ...I know certain Iraqis that we talk to...that are part of our extended team are indicating that they are excited and they are looking forward to things popping here. ...Realistically they could pull the trigger appears we are in a window that should take us into completion by the weekend whether that is tomorrow [Friday], Saturday, or Sunday. We should be there in that time frame. ...I am telling you right now the banks have everything they need in place with rates up to go...
  14. 11-8-2018 Newshound Guru chattels Article: "The House of Representatives raises its meeting to the next Saturday at one o'clock" Parliament met today and adjourned until Saturday. 11-8-2018 Newshound/Intel Guru Mnt Goat Article quote: "The United States has told Iraq it will continue to import vital supplies of gas, energy and food from Iran after Washington reinstates sanctions on Iran’s oil sector, three Iraqi officials said. Exemption from Iraq IS CONTINGENT ON IRAN NOT PAYING THE PRICE OF IMPORTS IN US DOLLARS..." Okay so then how will Iraq pay for the imports? According to the currency auctions this is supposed to be used for this purpose to convert dinars to US dollars and then pay them in dollars. Will they use instead Euros or another currency? Will they use dinars? So we should see the currency auctions going way down after these sanctions kick in. Let’s not do a knee jerk reaction when we see it and claims it’s the RV since now we know what is causing it. 11-8-2018 Newshound Guru Kaperoni ...the dinar is already legal tender throughout the world. Once IMF Article VIII happens it will make banking and acceptance more available. There is no reinstatement the dinar value is what it is and currently 1190 to $1. If the dinar rises it will occur gradually via a new exchange rate regime which will be a float..not some overnight event. 11-8-2018 Newshound Guru chattels The Constitution of Iraq does not require three deputies to the President or VP's. There must be at least one and there may be more, but constitutionally speaking no change is necessary. Article 66, Second, states as follows : " A law shall regulate the nomination of one deputy or more for the President of the Republic." Abadi tried to do away with all VP's and failed. Historically there have been three, one each from Shia, Sunni and Kurdish factions. 11-8-2018 Newshound Guru Breitling As far as the dinar goes, it looks so phenomenal, it truly does. We are in a very very good spot. And now we have an entire country pushing it…Let me throw this out there just as a scenario…Let’s say Iran is not attached to the Iraqi dinar at all. Then it’s strictly oil prices. But Iran is attached to Iraq. So what if they force a revaluation or decide to have a revaluation before the price per barrel goes down? That could happen…that’s why we live in a different world. That could happen with the relationship they have with Iran. It would stabilize Iraq and Iran in that region if they added value to it. It would counter the sanctions…the language I’m hearing out of Iraq is that’s what’s coming down the road. That’s what they’re negotiating. Now Iraq hasn’t bought into it yet but that’s what’s going on out there.
  15. 11-7-2018 **** Dinar News Update ***** After a month of no updates...the CBI reported the MARKET rate of the dinar today as 1204. The update included the MARKET rate for every business day between October 8th and November 7th which traded between 1203 to 1208 over this timespan. These rates are well within the 2% IMF requirement between the OFFICIAL rate and the MARKET rate some gurus feel must be maintained for Article 8 compliance. Stay tuned as more information comes in from the Central Bank of Iraq. The latest guru posts for today continue below... 11-7-2018 Newshound Guru chattels #Iraq parliament met Tue but did not consider completion of cabinet. Next meeting scheduled for Thur...Tune in tomorrow... 11-7-2018 Newshound/Intel Guru Mnt Goat Article: "PROJECT TO BE DISCUSSED BY THE PARLIAMENT, REDUCING THE NUMBER OF VICE PRESIDENTS FROM THREE TO ONE" This article is one that I consider a WOW article. ...First we find out why Maliki has not yet been prosecuted for the fall of Mosul. Then we can see the political maneuvering by Maliki to save his own skin. Simply put – he wants the immunity and he needs the VP position. Secondly we see how they have not yet announced the three new VPs and want to change the constitution to have only one (1). But this will be very difficult to do since what tribe will the VP belong to? Right now its a balance between the three tribes as each Sunni, Sheite and Kurd is represented. We are told that they would be announced at the same time as the rest of the ministers. The count for the ministers is now up to 6 from 4 last week that are not yet ratified. There are a total of 8 still to be announced and voted on. 11-7-2018 Newshound Guru Adam Montana ..."Mahdi is cleaning house". YEP! The wheels are turning. The transition is rolling along, and that's the best news we can ask for. Keep it moving, Mahdi! I see all of this as a good sign. There are no major upheavals, nothing shocking, and nothing scary has happened in the last week. Things are proceeding smoothly...we DO have is solid progress...Stay patient, friends. 11-7-2018 Newshound Guru Breitling What did Iraq say they were going to do? They even told everybody how they were going to do it and the time period they are going to take to get the currency you and I have off the market and introduce the new currency that represent the higher rate that can interact with the rest of the world. There is a transition period in the middle of that. Nothing more. It’s not complicated. Everybody makes things more complicated than they really are. Everything is simple…always start with the intent of what the CBI wants to do. They want to add value to their currency…That’s it. 11-7-2018 Intel Guru Delta & Newshound Guru MilitiaMan IQD/USD (IQDUSD=X) Previous Close 0.001 Open 0.001 Bid 0.001 Day's Range 0.001 - 0.001 52 Week Range 0.0008 - 0.0009 Ask 0.001 Now that is interesting movement in value and if it holds then, a international calculation can get applied to it in short order...IMO. Not exactly sure what this means, or is supposed to mean; and on what platform...! 11-7-2018 Intel Guru Bruce [via PinkRoses] ...yesterday we understood our President along with Steven Munchin, our Treasury Secretary, and Mike Pompeo, our Secretary of State that we had some interesting couple of phone calls in the morning with China, with President Xi and the Minister of Finance. They were very positive calls. As a result there was an encrypted letter sent all the way to the West coast, the Big R, and it was more or less, I believe, it was instruction of the timing to release everything...(POST 1 OF 2)... 11-7-2018 Intel Guru Bruce ...We had back...this past Sunday...information that talked about dates. We had information that talked about the 7th and 8th, tomorrow [Wednesday] and Thursday. I feel like that is probably in the right realm where we should be. So I feel like we're in the place where things could happen. ...we know Iraq is done. We have a rate...that is solid on the front screens at the bank. It is solid and it reflects which is going to be seen if it is not seen already, on the CBI site... I think everything is coming together nicely...we are pretty much lined up and ready to start...(POST 2 OF 2)...
  16. 11-6-2018 Newshound Guru Breitling Where do I get my information from? It comes from an authority…I’m getting my math, my information from the authority…from the people who say they’re going to revalue. The people who are in control of the country’s currency in Iraq. That’s it. If it doesn’t happen, it’s because of something they did. If it happens…it’s something they did. But I’m speculating on it because of something they said. And I believe they can do it. And I believe they’re going to do it. That’s it. My opinion is based on that information and that information only…my option is yeah, it’s worth speculating on. I believe that. 11-6-2018 Newshound/Intel Guru Mnt Goat Article: "APPEARANCE OF MOHAMMED SALEH: IRAQ AND THE WORLD TRADE ORGANIZATION" ...this is a very long article and so let me try to sum it up for you: Mohammed Saleh, the deputy financial advisor to the GOI, is assessing the opportunity cost of joining the WTO. Does Iraq really care about joining? He concludes that YES Iraq does want to join. ...The long path to WTO ascension is the ability to go along with the BIG guys and play their game since the markets are dominated by so few who control the entire international market; the long-term survival of Iraq depends on international trade, secure international investment and a commercial environment; one of the major obstacles is the INABILITY of a “strong payment program”. How they transfer funds (SWIFT system) and use of currency (currency reform). 11-6-2018 Newshound Guru David M. Witty Iraqi sources say PM Abdel-Mahdi will attempt to present 5 ministers to Parliament today & hopes to get vote of approval. Still no word on Defense Minister. Iraqi government asks Parliament not to return the 2019 national budget for revision.
  17. 11-6-2018 Newshound Guru Breitling …Everything has changed for you and me as far as Iraq goes. Everything. Because as of today Iran is officially broke…they need money and if Iraq is blocking them from getting U.S. dollars…out of the Iraq economy then you’re going to see pressures from Iran because Iran has Iraqi dinar. That countdown is official today. Don’t get your underwear all bunched up in a wad…It’s not going to revalue tomorrow…I shouldn’t say that because nobody knows if it’s going to revalue… 11-6-2018 Intel Guru Frank26 [via Clare] Highlights: Iraq Social Media Hot right now... Reassuring Citizens, still going to lift the 3 zeros. Iran has looks like Iran is forcing Iraq to revalue their currency, with it's demand of payment for Electricity. 60% of Paris Club debt has been reduced...given reduction, for the RI of IQD! RI is fact occurring @ 1-1. Reduction will help with RV next year, the same way the ME Basket solidly formed will help the RV in's a precursor... they are telling Iraq, go ahead join the international community. Alak will be named Gov. of CBI...comes from powerful, influential family...but not popular...BUT...the best of the worst. A lot of comments on CBI social media...would be nice to have official announcement of Alak, its a precursor, then ART 2 [2nd Article]. Art 2 is Coming!!! They are educating the citizens...looks good for November. 11-6-2018 Newshound/Intel Guru Mnt Goat Again I am telling everyone to STOP...watching for the completion of a single event then the RV will happen. How many events in the past do they attempt to peg the RV to that didn’t happen or happened and still we sit...It is now early November and so do NOT expect any reinstatement until at least EARLY 2019 (more likely in early January sometime)...
  18. 11-5-2018 Newshound Guru MilitiaMan Article: "Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future" This article is possibly one of the most powerful indicators of just how close we are now to the completion of Iraq's monetary and economic reforms. Key words that stirred my thinking are Private, as in Private Banks, Modern, as in Modern Financial Techniques, Inclusion, as in Financial Inclusion and Launch, as to go and reveal to the international environment or world and new Iraq and her new currency..(post 1 of 2). 11-5-2018 Newshound Guru MilitiaMan We are told that the AMF working with the likes of the World Bank, IMF, Germany, etc., have accomplished meetings and within those meetings we learned from WS [Guru Walkingstick] that they tried and tested the REER to a basket of currencies last Monday, about a week has passed since then... The article is telling us they have accomplished things and that they tell us that they were comprehensive in nature. Well, financial inclusion, is very important to those entities. Modernization is important to them and the Private Banks they are going to be doing business with in the reconstruction of Iraq. They will require Insurance Companies... Launch means to take off... As in they have set things in motion. That will require the new lower notes, imo.. That is imo where and how close we are. ...imo....(post 2 of 2)... 11-5-2018 Newshound Guru chattels Articles: "Iraqi Parliament delays vote on open ministry positions until next Sunday." "Sources says Iraqi PM Abdel-Mahdi is prepared to resign if he continues to face opposition in forming his cabinet." 11-5-2018 Intel Guru Jester [...we forgot to ask you how the RV went yesterday on November 3rd.] NOW YOU KNOW WHY I DON'T GIVE OUT A DATE OR RATE... NO RETURN ON THE SITUATION THAT IS FAVORABLE AT ALL... HAHAHAH... AND IT WAS THE 3RD AND 4TH...AND THAT WINDOW IS STILL OPEN...THEORETICALLY...THE FACT OF THE MATTER IS THAT THERE ARE ALWAYS DATA POINTS... THINGS THEY LIKE TO DO THAT MAYBE DON'T WORK OUT RIGHT...IT HAS BEEN THAT WAY FOR SOME TIME NOW...WE GET THIS FEEDBACK AND WHEN LOTS OF DIFFERENT DIRECTIONS LINE UP POINTING TO THE SAME PLACE THEN IT LOOKS OKAY TO SAY...WELL MAYBE THIS WINDOW... 11-5-2018 Newshound Guru Kirk H. Sowell So we are now ten days into the new #Iraq govt of Adil Abd al-Mahdi, and it isn't going well so far. It looks like AAM will face two reverses in his first two weeks. The first is having to turn back on the 2019 budget...Abd al-Mahdi's other problem is that his effort to complete his cabinet isn't going well. Not only is there doubt about passing the remainder of nominations as scheduled tomorrow, but there are efforts to impeach up to four of the new 14 ministers. 11-5-2018 Intel Guru RayRen98 The CBI site was down for awhile today, but it's back to normal now. Apparently, today's leaders meeting in Baghdad garnered two more names to be considered for Madhi's cabinet on Tuesday's voting session. With six names now reported, only two remain to have the government fully seated even though the general thought that it is not necessary for a currency revalue. Time Will Tell! 11-5-2018 Newshound Guru Daytrader JMO, there are two reforms taking place in Iraq that are co-dependent; monetary reform and economic reform. The economic reform provides jobs on several levels...People with jobs earn money, then spend money in many areas; food, shelter, clothing and the list goes on. Those purchases will require businesses to replenish their stock, which drives the need for more product manufacturing, more raw material needs and more agriculture development. This circular process drives the flow of money in any economy. ...This process is critical for the CBI’s success as demand for a currency determines the effectiveness of a monetary reform program. However IMO, the CBI must reach a point in the monetary reform process where the value of its currency will attract direct foreign investment (DFI) as the trigger for economic reform...(post 1 of 2)... 11-5-2018 Newshound Guru Daytrader IMO, the oversight management of the economic reform process is the responsibility of the government. This suggests the success of the GOI economic reform process is dependent on the CBI reinstating the IQD to an international status at a legitimate rate, but the success of the monetary reform process is dependent on the success (read currency demand) of the economic reform. Would hope the CBI is now at this stage in the monetary reform process, as they hold the trigger mechanism in their hands for Iraq’s economic reform. IMO...(post 2 of 2)...
  19. 11-4-2018 Intel Guru RayRen98 Iraq has requested permission to ignore some of the US imposed sanctions against Iran in order to continue their import trade relations. US dollars will not be involved in the transactions, only Iraqi Dinars. PM Madhi only has four candidates for Tuesday's Parliament session. He has postponed selecting the other four to complete a seated cabinet. Leaders in Baghdad are holding a meeting today (Sunday) demanding that PM Mahdi announce all eight of his cabinet selectees. Kurdistan regional Parliament will hold it's first official meeting on Tuesday. 11-4-2018 Intel Guru Frank26 SOMETIME AROUND SUNDAY OR INTO NEXT WEEK THE CBI HAS TO MAKE A MOVE WITH THE AUCTIONS BECAUSE IMO...ON SUNDAY THE SANCTIONS AGAINST IRAN START. THE THIRD QUARTER...IMO...HAS BEEN TO TELL THE INTERNATIONAL WORLD THAT THEY ARE ABOUT TO LIFT THE 000’S AND IN THIS MONTH OF NOVEMBER...GOD WILLING IN THE NEXT TWO WEEKS...THE TIME FRAME WHERE THE EDUCATION TO THE CITIZENS WILL COME TO A CRESCENDO...!!!
  20. 11-3-2018 Newshound/Intel Guru Mnt Goat The new Iranian sanctions that are due to kick-in in a few days and this may be our saving grace. These sanctions may force the issue of preventing USD currency through the currency auction sales from going to Iran. This may override any other (fake) “security” concerns and so may finally allow the cancellation of the auctions and the use of the dinar in trade. If this happens, they must pull the trigger and go international (at least this is my take) as they will have no choice. 11-3-2018 Guest Guru Sunkissed [Donald Trump seems the possibility of repaying the public debt that has exceeded the $ 20 trillion mark in a short time...] It has been rumored that the UST holds approximately 7 Trillion IQD. If the dinar came out the gate near 3:1 the exchange could pay off the US National debt...or even if they waited for the RV for sure! In my opinion, of course. Also, it has been said that the Paris Club forgave $100 Billion in debt to Iraq. The USA could (potentially) forgive the Iraq debt and still exchange the IQD we potentially hold, and pay off the National debt. in my opinion also...
  21. 11-4-2018 Newshound Guru MilitiaMan Article: "Iran braces for oil sanctions after currency crash, protests" ...think about what you're seeing between Iraq and Iran...Where I may disagree with Iran being specifically included now or into the future basket of middle east currencies matters not, the basket ...has been calculated now per WS [Guru Walkingstick] (evidence from recent meetings, imo) and that means to me they have risk on the table and thus, a timeline... to expose that calculation to the world is on the table now. We all know things can get volatile in the ME on a drop of a dinarius. Therefore, those part of the boat load of entities in Iraq last month were there for significant time frames...They were there for the valuation of currency and advance training of the trainers for the Iraq Currency imo, just as there was a preceding symposium weeks before in regard to the Iraq currency. [post 1 of 2....stay tuned - posted later today/tonight]. 11-4-2018 Intel Guru Delta Article: "Exceeded one billion dollars .. Tehran demands Baghdad to accelerate the payment of electricity debts" HUGE ARTICLE ...IRAQ CAN'T PAY IRAN IN DOLLARS ANY MORE.... ONLY OPTION IS DINARS ...SO THEY HAVE TO PAY IRAN 1 BILLION $ ASAP...AT THIS RATE THEY HAVE TO PAY THEM 1 TRILLION DINAR...In my opinion, it would be better to increase the value of the IQD "Before" they pay Iran, or Iran will have a significant cache of money post ANY value increase if they are paid in IQD today. Iran is desperate, but planning ahead. Maybe they can pay them in another currency from their Monetary Reserves (ie: Swiss Franc, British Pound...)...JMHO..! 11-3-2018 Newshound Guru chattels Article quote: "The exchange rate of the dollar, Saturday, maintained its stability against the dinar on the Iraqi stock exchange. According to figures received by "Economy News", the price of selling the dollar in the stock market today is 120 thousand dinars and the purchase price 121 thousand dinars to 100 dollars. On the Basra Stock Exchange, the sale price today reached 120 thousand dinars, and the purchase price 121 thousand dinars to 100 dollars. While the sale price of the dollar on the Arbil Stock Exchange today 120 thousand dinars, and the purchase price 121 thousand dinars to 100 dollars." (From late last night).
  22. 11-1-2018 Newshound Guru MilitiaMan On a slightly different path we see working in conjunction with Iraq, we did see the AMF with Iraq that ended a 10 day meeting...last Thursday. It was between Iraq and the AMF among others like the IMF, WB, BIS, etc.. Why is this all important...Contracts. The AMF (22 countries), Kuwait, USA, Great Britain, Japan, Korea, etc., were working on imo valuation of the REER to use for to adjust contracts. Very important part of the final process.. They need to establish Fair Value for pricing goods and services. 11-1-2018 Newshound Guru Kaperoni [Q? : When are they [IMF] going to review Iraq’s situation again I wonder] Once the government is fully formed. I would expect we will hear within a month. 11-1-2018 Newshound Guru Adam Montana [Q? : How much more do you think Iraq needs to achieve or put into place before they can reveal their true rate of exchange? I'm sure the list has shrunk dramatically.] Dramatically indeed - if we don't have any solid movement after the GOI is seated, I will be doing a more comprehensive post on the subject. Since that may not be necessary, let's just see what the next week brings us. The following are REPOSTED from the earlier 2PM post....they are reposted here for those who may not have read them earlier. 11-1-2018 Newshound Guru MilitiaMan Quote: "The next phase of currency reform is the conversion from old cash currency to new. The authorities must decide—at first privately—when the currency exchange will begin, when it will end, and whether or not to cap, in absolute terms, the amount to be exchanged. Then, decisions on the announcement of and publicity for the currency exchange must be made. Other essential decisions include the conversion rate and how financial assets, resident/nonresident accounts, and existing currency contracts will be treated in the currency exchange." They tell us above that those in charge of MR must decide when the exchange will begin, when it will end, etc,. They also mention the conversion rate and how it will effect other things like currency contracts and how they are to be treated in the currency exchange. This is at the end of the process as noted in the Turkmenistan model. At this final phase is at the time when they first privately, then eventually publicly say when they will do it and at what conversion rate. Hence, we await the "" 2nd Article"".. So why do I bring this back up again? Well, today we see them talking about contracts.. Part of the final phase, imo.. That is why I do....(REPOSTED) 11-1-2018 Intel Guru ADMINBILL ...Much has been leaked through banking and government sources that continue to be false flags for purposes known only to those that initiate them. That does not mean they are incorrect. Imo, what they share is meant for those that are the bankers, lawyers and agencies that will make the RV/GCR process happen when the release is activated. Perhaps it is one of the continual preparatory drills to make absolutely sure all agencies and organizations are in sync and ready to go at a moment's notice. And perhaps it is a way of making sure we are ready as well....(REPOSTED) 11-1-2018 Newshound/Intel Guru Mnt Goat So in today’s news we see one matter announced on Monday that Iraq has withdrawn from the FATF monitoring list after it has fulfilled its international obligations in the field of combating money laundering and terrorist financing. They have now moved to the “white list”. This can only help in the getting the reinstatement since why did the UN sanction the currency in the first place? Was it not for money laundering and financing terrorists? So this is now all taken care of and no longer an obstacle. So the CBI can no longer use this as an excuse as to why they are not reinstating the dinar.....(REPOSTED)
  23. 11-1-2018 Newshound Guru MilitiaMan Quote: "The next phase of currency reform is the conversion from old cash currency to new. The authorities must decide—at first privately—when the currency exchange will begin, when it will end, and whether or not to cap, in absolute terms, the amount to be exchanged. Then, decisions on the announcement of and publicity for the currency exchange must be made. Other essential decisions include the conversion rate and how financial assets, resident/nonresident accounts, and existing currency contracts will be treated in the currency exchange." They tell us above that those in charge of MR must decide when the exchange will begin, when it will end, etc,. They also mention the conversion rate and how it will effect other things like currency contracts and how they are to be treated in the currency exchange. This is at the end of the process as noted in the Turkmenistan model. At this final phase is at the time when they first privately, then eventually publicly say when they will do it and at what conversion rate. Hence, we await the "" 2nd Article"".. So why do I bring this back up again? Well, today we see them talking about contracts.. Part of the final phase, imo.. That is why I do. 11-1-2018 Intel Guru ADMINBILL ...Much has been leaked through banking and government sources that continue to be false flags for purposes known only to those that initiate them. That does not mean they are incorrect. Imo, what they share is meant for those that are the bankers, lawyers and agencies that will make the RV/GCR process happen when the release is activated. Perhaps it is one of the continual preparatory drills to make absolutely sure all agencies and organizations are in sync and ready to go at a moment's notice. And perhaps it is a way of making sure we are ready as well. 11-1-2018 Newshound/Intel Guru Mnt Goat So in today’s news we see one matter announced on Monday that Iraq has withdrawn from the FATF monitoring list after it has fulfilled its international obligations in the field of combating money laundering and terrorist financing. They have now moved to the “white list”. This can only help in the getting the reinstatement since why did the UN sanction the currency in the first place? Was it not for money laundering and financing terrorists? So this is now all taken care of and no longer an obstacle. So the CBI can no longer use this as an excuse as to why they are not reinstating the dinar.
  24. 10-31-2018 Newshound Guru Adam Montana At the moment, I am content to wait for things to unfold - we have some important dates upcoming, and I foresee a holding pattern until the GOI is fully formed. On the positive side... I have nothing negative to report...November 6 is a good day to watch for... it should be apparent at that time what the missing component is (which Government position), which will give us a very decent clue about what we can expect in the coming days. Regarding the upcoming sanctions [Iran]...I'm glad they are prior to November 6th - that should streamline any effects that they may have. ...Where the sanctioned parties may experience a weakening, Iraq has a great opportunity to gain strength. For that reason alone, we could have a nice window just ahead..! 10-31-2018 Newshound/Intel Guru Mnt Goat The news is slow from Iraq since Monday and Tuesday were official holidays. Now they go back to work, however parliament is not expected back until Nov 6th. Anyhow I would not stake any RV on any trigger completion of Mahdi’s new government in this next session anyhow since we also heard that it is not a critical matter anymore and the last set of ministers are picked and all agreed on them already...the only target I know of is of EARLY 2019. The CBI did want to move ahead with the reinstatement in the month of October but could not do so due to not resolving many matters as they thought they could. That's All Folks...! Ron
  25. 10-30-2018 Newshound Guru MilitiaMan ...Last week we witnessed a convergence of many things. The week prior there was the symposium with Banks and financial institutions in regard to the Iraqi Currency. WS's (Guru Walkingstick's) firm was in the meeting. The following week we see the AMF (Arab Monetary Fund) in a series of meetings with Iraq helping with the MR (Monetary Reform) along, in conjunction with the likes of the WB, IMF, UST and BIS. Basra Boyz also confirmed the BIS was there... WS tells us they tried and tested the rate and they were successful. The success was the Real Effective Exchange Rate. So not only the AMF met, there were high level training of the trainers while they had the fabulous 4 in country. They did all that and seated the GOI on time too....(post 1 of 2)...see next... 10-30-2018 Newshound Guru MilitiaMan The amount of logistics to get all that done, all the people, hotels, gifts, training, etc, and with all those big players will go down as darn near nothing but, miraculous, imo. With that said...I, others, believe this is such a very bullish time frame is because the REER ( Real Effective Exchange Rate) is time sensitive, ioo.(in our opinion). The REER was done Thursday last real close and for them to get the rate done, it cant be much longer for us to wait, as the margin of error in the rate becomes ioo an issue, as the rate could change and that would effect a lot of countries... Therefore, the window we are in now this week thru Monday-ish next week is serious to us...nothing shows us that they are going out to next year... Nor much into November for that matter... imo...! ..(post 2 of 2)... 10-30-2018 Intel Guru Frank26 IRAQ: We are a trading HUB... on Nov. 4th, Washington DC told Iraq to Sanction Iran & All Foreign Currency ...CBI Does not want worthless currency with no swaps auctions...US has told Iraq to Sanction Iran...Iraq is sending a message to D.C., Fantasic 4, that they obey! ...Iraq starts sanctions before Nov. 4th as commanded by those in control... ATM's no longer disperse Foreign Currency...New ATM's ONLY disperse IQD & soon a new category note...Iraq says our National Currency will soon have value and we will only use our National Currency, which will soon have value for the world!...As of today 4-6 Timeframe @ 3 week mark...TF is on track...furthermore in Frank's opinion...before years end... what we should see in the remainder of TF should not be shocking because they are getting ready...they already told the citizens. 10-30-2018 Newshound Guru MilitiaMan ...with what we have learned from WS [Guru Walkingstick] the rate is going to be effectively in a range that is based on a mixture of the AMF / AAD and the IMF / SDR 3x. The latest loan issued by the AMF in summer of 2017 was around $4.25 - $4.35 / 1 AAD and the AMF / SDR $1.42 3x = $4.26 on the daily rate they use, if I am accurate. If they use the monthly rate of the SDR of approx. $1.95 3x = $5.85...All those numbers or ranges are easily supported by Iraq's wealth. ioo...WS brought us the formula relatively recent time past. I trust his opinion on the matter somewhat knowing where and what his connection is and to whom. So the AMF / AAD - IMF / SDR 3x relationship meets that criteria and is competitive to surrounding nations in the AMF. ~ imo...! - ...(post 1 of 2....stay tuned, later today/tonight)...
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