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Found 165 results

  1. 1-20-2019 Intel Guru RayRen98 I do not believe the NSA is involved in such a manner as some are suggesting... The BIS appears to be a likely reason the "activity" hasn't commenced yet. Even though banks are closed on Monday for the holiday, it is expected that progress reports may become self-evident on that day. Iraqi TV is broadcasting that Iraq's doors are open to the world...this is considered as an effort to obtain world-wide investors. Time Will Tell..!!! 1-20-2019 Newshound/Intel Guru Mnt Goat You all want to know what is holding up the Iraq dinar reinstatement? ...We have heard the paperwork is all completed, the approvals given. Even the codes to release the funds necessary for the exchanges to take place are out. Yet...here we sit still waiting. ...So the excuse given once again? We are hearing that it is once again...a matter of "National Security" as the NSA stopped the final trigger. As they have done so many times in the past. I am certainly not one to call the RV every day or every weekend but I know without a shadow of a doubt that this time it was supposed to go. Yes, it was planned for...Jan 19th 2019 exact timing unknown. The Central Bank of Iraq is reporting that "this is getting old" and that something must be done. They need their currency to move ahead with the reconstruction funding payments... 1-20-2019 Newshound Guru Kirk H. Sowell So another parliament session with cabinet votes not on the schedule. The deadlock continues. Just like here in the USA...there are those who just won't be reasonable for the good of the country, and stick to their agenda to try to do whatever it takes to prevent Pres. Trump from keeping his promise to the American people, and having any victory; so they are trying to stop him from any possibility of being re-elected. He's trying to expose & dismantle the corrupt establishment in America - that has ties to the globalists who want us diminished as a sovereign nation and brought to a level of other countries under their influence - a one world rule. IMO
  2. 1-19-2019 Newshound/Intel Guru Mnt Goat 2014 Article: "IRAQI DINAR REVALUATION POSTPONED BY CENTRAL BANK FOR 5 YEARS SAYS MP NOURA AL-BAJARI" This article shows us two things: 1)that the policy to delete the zeros is now ready to go by 2014 (remember in 2008-2011 they were NOT ready.) So what has changed? All the efforts of banking and financial reforms under Abadi, I quote from the article – “THE POLICY TO DELETE ZEROS FROM THE IRAQI CURRENCY IS READY TO BE EXECUTED BY THE CENTRAL BANK“ 2) it shows us that the ISIS invasion in 2014 postponed the project even tough the CBI was ready. They projected a 5 year wait afterwards to do it. This brings us to 2019. Right? I quote from the article – “Central Bank although it will be delayed by five years given the political and security situation of Iraq.” 1-19-2019 Newshound Guru Kaperoni I try to tell people that the CBI needs to make money. A RV or RI could never happen because it circumvents those CBI principals. A float not only is a tool to relieve pressure created by an influx of investment capital it serves as a tool for the CBI to make money (commission) off the buy/sell of the dinar as it rises. The CBI would never give up such a step as it needs to generate revenue. The...RV or RI stories are nonsense. There is no overnight event... 1-19-2019 Newshound/Intel Guru RVAlready Still no budget, but that will not hold up the RV. They are completely separate. In fact, it would be easier on the budget if the RV happened first. It would make equipment purchases from Europe and the US more economical. 1-19-2019 Newshound Guru MilitiaMan ...The article a source brought me...shows the heat is on and the pressure is building to get the 2019 budget done and the citizens what to expect within that budget and what they want from all the promises they have been given. I had my source and another source confirm that the citizens have been told in the Mosques that they were to expect this to have been done on or around the 4/5th of this month and then, no go. ...Well, I / We believe they were placated...about the basket of currencies being too low, thus, they may have used that information to tell the citizens to sit tight, as we are going to adjust the basket and you'll get more purchase power in the end....(post 1 of 2)... 1-19-2019 Newshound Guru MilitiaMan The source...At first...said we are going to be happy this Saturday... What was asked of him on a scale of 1-10 how good is the news coming to the citizens? A 10 was the answer...Next week being a 10 on the scale is huge for us... lets add in the additional data [Guru] Delta brought in with the URGENT MEASURES and FORCED to FLOAT Currency and just in on the 2019 Budget ready for approval this evening, this place we are in is very nice! If they are getting FORCED into a float? Awesome is better than nice! imo So lets see if this weekend turns out as good, as I think it can be...(post 2 of 2)... 1-19-2019 Newshound Guru Breitling I think Iraq’s oil production is about 4 million barrels per day…Iraq is the second largest oil producer in OPEC and the 5th largest oil reserve. So look at the Saudi Arabia currency, what’s the value of that?
  3. 1-18-2019 Newshound/Intel Guru Mnt Goat In today’s news we are also seeing more pressure to stop or greatly limit the currency auctions. OH – but how can they do that without putting the dinar on a FLOAT and reinstating it back to it former glory on the global currency exchanges? Simply put they can’t... This reinforces again that something is about to happen with the Iraqi currency. It almost has to as the pressure is building and the bubble is about to pop. January is only half over and so there is plenty of time yet to see some more actions in this direction. How far can they proceed without the reinstatement? 1-18-2019 Newshound Guru Breitling What are you guys [Iraq] up to? Ok so you don’t revalue at 54 cents, 90 cents…you can do 10 cents. I know you guys can do that and you don’t even have to blink. It’s not going to hurt your economy one way or the other. How do we know that? Look at the other currencies in the middle east…that’s how you figure that out. So after Saudi Arabia who’s the biggest producer of oil in OPEC? It’s Iraq. Iraq has the 5th largest reserve in the world…So you start looking at these other counties and what they produce and how much their currency is and it doesn’t make sense does it? Remember I talked about undervalued stock? Undervalued currency is that simple…I love it cause that’s how it works. 1-18-2019 Newshound Guru Adam Montana [...does Brexit have any effect on our Dinar investment?] In a roundabout way it does, because global events always have some impact... so, yes. But it doesn't merit any concern for us at this time. 1-18-2019 Newshound Guru Kaperoni A few people have asked for my opinion on the recent float article as to what "forced" means? My view when I read the article is this MP is saying we can continue to have citizens on state payroll and take loans to support the budget or we can learn from some of these other countries and float the dinar and invite foreign investment into the country. I don't think its a question of being forced...just a decision to get away from a state run oil dependent country and create a private sector supported by foreign investment. So a float is what is coming.
  4. 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.
  5. 1-17-2019 Newshound Guru Breitling People are asking me about the oil prices. There’s a big panic in the dinar world because the oil prices started going up…Fact - the United States has control over the oil markets and the price is going to go down. It’s going to force these countries to do all sorts of stuff…cause they are going to go broke if they don’t. They know it. We know it. We know where they’re break even points are…so people are seeing the oil prices go up. It’s short term. 1-17-2019 Intel Guru Delta FROM IRAQI TV: The Economic and Investment Committee.... Iraq may be forced to float the dinar to encourage investment in Iraq. 1-17-2019 Newshound/Intel Guru Mnt Goat Article: "WHEN WILL THE IRAQI DINAR BE REVALUED?" So again the CBI is telling us and I quote - “the revaluation of the Iraqi dinar is ready to be implemented by the country’s Central Bank; however, the Parliamentary Economic and Investment Commission HAD DECIDED TO POSTPONE THE REVALUATION UNTIL NOW TO 2019”. What is this telling us? 1)Again the CBI does not work alone and needs the support of the rest of the government. 2)The project to delete the zeros was postponed until 2019. Again...this confirms that perhaps this year of 2019 is our year to get it done. It is now January 2019 folks..! 1-17-2019 Newshound Guru Kaperoni I...want to point out every year someone says look at the budget for a change. ...The budget has nothing to do with any reforms and can be made retroactive at anytime. 1-17-2019 Newshound Guru MilitiaMan The answer from the contact specifically says...as I have and others have suggested...They are article 8 compliant imo ... Like has been said for years, they don’t have to tell us.. But by actions they are. ...In other words. Imo, They show us they are article 8 just as they rightfully can without yet specifically saying so for 30 days ... 1-17-2019 Intel Guru Delta Single Currency Crosses...LOT OF MOVEMENT NEVER SEEN BEFORE...SPECIALLY...EUR/IQD AND GBP/IQD... 1-17-2019 Intel Guru Frank26 ...my friend [Guru] Walkingstick is working with the Government of Iraq and the Central Bank of Iraq. Not only on the 2nd set of books that was successfully done. But because those books were successful on the 30th of December of 2018 my friend’s firm received 240 contracts from the Gov’t of Iraq. ...The Government of Iraq has started internally. In fact 24 of those 240 contracts have already been paid! And they were paid in IQDs...they were paid at a rate of one to one to the USD! ...Let’s say for example the contracts were worth 200,000. And the 200,00 was paid is paid to my friend’s firm in Iraqi dinars...that 200,000 dinars was presented in the contract at a rate of 1 to 1 to the USD. So that 200,000 dinars is actually $200,000.00 American dollars...my friend has a contract in his hands at 1 to 1 with the American dollar and the Iraqi dinar..(post1of2) 1-17-2019 Intel Guru Frank26 ...IMO, on December the 30 when my friends firm was given 240 contracts at a rate of one to one with the American dollar they lifted the three zeros electronically in country!!! And this is exactly what they told you they were going to do!!! ...240 contracts are a lot of contracts at a new RI rate.. And as I said they have gone from the NEER (Nominal effective Exchange rate) to the REER (Real effective Exchange Rate). Soon it will be announced publicly at a rate of 1 to 1 because these calculations have been done, tested and approved. But above all they have been built on Int’l standards. ...IMO, a 1 to 1 in country is something that we, as investors of the IQD, will never see! (hint: IMO the rate we see will be much higher)...(post 2 of 2)... Lets hope this is true, and will actually manifest itself on the designated payoff date ( I think is was stated as 2 Feb in an earlier post). We shall see...!
  6. 1-16-2019 Newshound/Intel Guru Mnt Goat Will the reinstatement happen in 2019? We don’t know when the reinstatement will occur for sure and many say the project to delete the zeros is now all done. So go figure? ...This news is coming from some VERY credible sources of information... ...there are no more delays expected. The process is on the move. They (WHO ARE "THEY"..?) are telling us once again 2019 is our timeframe. OK – hold on to your horses! I do not know the exact timeframe in 2019 but all we can confirm is two things – 1) they just told us this week in the news media that 2019 is our year; and 2) we know they normally like to target January and we still have half of the month of January remaining. So let’s see what happens in January and if it does not happen then we move to another target...(post 1 of 2)...More to come..! 1-16-2019 Newshound Guru Kaperoni A member of the Economic and Investment Committee said today that Iraq may be forced to float the dinar to encourage investment in Iraq...Sound familiar? There is no doubt in my mind we will see the dinar float at or about the same time as the launch of the banking system and market economy for investment. Hang in there. This seems to be the year Iraq will move forward launching a private sector and encouraging foreign investment. 1-16-2019 Intel Guru Bruce [via PinkRoses] ...it is kind of coming down to the wire now. We are getting some really positive input...We heard some activity started last night. ...We believe that we are at the point very little is required now before we get notified to go. ...there has been a number of meetings and conference calls in the recent days... Calls that took place with the large banks in conjunction with the Secretary of the Treasury...we think part of the plan was to talk about where we are in terms of the release and...can this thing happen immediately meaning in the next day or two. ...What I am telling you is you are very close. Everything we can say about Iraq appears to have been completed...We hope that we are at the end of the ride because the evidence is showing things are moving. I can just can tell you the rates that will be on the front screens for the Dinar and Dong will be much closer together than we thought. 1-16-2019 Newshound Guru Daytrader A number of members have expressed concern over a statement regarding an IMF Article IV consultation not occurring until later this year. This is Iraq’s normal Article IV consultation schedule. Most countries have an Article IV consultation with the IMF every 24 months, including the United States. It provides an opportunity for both the IMF and the country to discuss specifically where the country might have monetary policy or procedural shortcomings that need correction, and review what they’re doing that meets Article IV criteria...(post 1 of 2)... 1-16-2019 Newshound Guru Daytrader All that happens as the result of the consultation is agreement on a plan of action to make any necessary corrections. There is no failure, only a plan of action to rectify concerns. Iraq and the IMF have been planning the reinstatement of the IQD for a very long time, and during this time they continued to develop and fine-tune the process specific to Iraq's needs. IMO this has nothing to do with, nor will it have any impact on, what we seek...(post 2 of 2)... 1-16-2019 Intel Guru RayRen98 Contracts are to be funded by February 5, 2019. [Could this be the outside date?] PM Mahdi sent out a tweet stating that he is moving onward with implementing the program for government that was presented to Parliament and intends to complete it within the time frame that was previously announced. It appears he is making promises to the Iraqi citizens.
  7. 1-14-2019 Newshound Guru Sunkissed In my opinion, the TIMING of this article is utterly FANTASTIC...this article gives us the DROP DEAD DATE..? (imo). FEBRUARY 02, 2019. JORDAN IS RACING AGAINST TIME. why? Well... imo... it looks like... February 02, 2019 is a deadline date to IMPLEMENTATION. For what? Remember that December 29-30 meeting when many contracts were signed? Looks like Jordan signed some "old" deals that were "renewed" - I suppose we would use the word "updated" (to reflect a new rate? a more competitive price, since so many contractors are FLOODING into Iraq?) So... there's the PRESSURE..! Contracts were signed on December 29-30 and to be IMPLEMENTED BY FEBRUARY 02, 2019..! ..(post 1 of 2).... 1-14-2019 Newshound Guru Sunkissed ...After all the haggling and demands that Iraq has served up to Jordan... the bottom line actually rests with Iraq: THEY MUST HAVE PURCHASING POWER to be able to absorb the MASSIVE QUANTITIES of goods, minerals, etc., coming INTO Iraq! Ball is DEFINITELY in Iraq's court! Promises were made in the BEGINNING of 2018!! (Respect the first quarter! Sound familiar? -- [Guru] Walkingstick was accurate!) And now, the longer they wait, the more difficult, if not impossible it will be for Jordan to perform in time! BUT...in order to perform on their contract... Iraq MUST FIRST HAVE PURCHASING POWER! Iraq HAS TO BE READY AND ABLE TO PAY THEM! Therefore, February 02, 2019, appears to be the back-wall, Drop Dead Date, "to be an exquisite mutual-beneficial relationship." If February 02, 2019 is the Drop Dead Date, then we are looking at Feb 02 - 04 (Monday) for the IQD to go live. However... IMO.... it certainly could go before that date..! ...(post 2 of 2)... 1-14-2019 Newshound/Intel Guru Mnt Goat The House of Representatives ended its session on Saturday, the House of Representatives finished the first reading of the draft law on financial management. Nothing happened on voting for cabinet members on Saturday. MP of the Alliance for Reform and Reconstruction, Hassan Fadas, said that on Monday, the resolution of the Interior Ministry candidate is the main obstacle to completion of the ministerial cabinet. Let’s see how this plays out…. ...there is news about the intention of Faleh Fayyad too withdraw his candidacy from the Interior. If this happens there may be some real progress finally in this direction. Let’s see how it plays out this week,,,(post 1 of 2)... 1-14-2019 Newshound/Intel Guru Mnt Goat But as sure as I am writing this...today, we are all of a sudden going to see a burst of flames as we know the tinder is already starting to smoke and is about ready to flare up. As in starting a good camp fire, we can see that much activity is about to burst into action and will soon move forward very aggressively. The two items they need for this to happen is to get the 2019 budget passed and then these remaining cabinet positions off of proxy and into solid, technocrats for these remaining positions....(post 2 of 2)... 1-14-2019 Newshound Guru Kaperoni [Q? : I’ve always heard the government has nothing to do with the Dinar. That only the CBI could begin the float. If so then why do people say only when the government is set the float can begin.] Monetary policy is the CBI. That being said, such a significant event requires support from the Iraqi government. As well, much of the directives being implemented by Iraq are part of the reforms agreed under IMF or WB Stand by Agreements. 1-14-2019 Intel Guru RayRen98 Today's Parliament session has been postponed until Wednesday at 1:00 due to a lack of quorum. [And the band played on...] Citizens are not happy with Mahdi's "progress" thus far...they are saying the corruption is still rampant in the government. Unofficial report: Things (rate activity) should get started today in Iraq and filter over to us this week. Time Will Tell... 1-14-2019 Newshound Guru MilitiaMan [Q? : ...are you looking for this in EARLY 2019, MID 2019, LATE 2019...] I believe...they are ready to implement now with all the signs they have shown us over the last year. We know contracts have time stamps... T & T were said to be ready at a moments notice to be applied. We see a very large trading partner in country this week talking directly about money exchange. So, as for me the signs I see are not mid or late... There are fireflies on the ground over there that suggest that the citizens have been told they are getting a gift from GOD, they very well may have been placated for now, but, how long they will not get antsy is anyone's guess...(post 1 of 2)... 1-14-2019 Newshound Guru MilitiaMan Lets not forget that there was an article 01/02/2018 talking about linking the IQD with a basket of currencies (They let that cat out of the bag, and big time). The stir was the authority was saying hold on a minute... Lets not link to lower value currencies..!! ...Nothing has changed as far as getting your purchase power, it is that we are going to get you more if we use an stronger basket...Thus, they bought more time? We shall see if it plays out like that. imo...(post 2 of 2)...
  8. 1-15-2019 Newshound Guru MilitiaMan Article: "The Central Bank cancels a 2% commission payment for the $20 category and less" Well well.. Now why in the world would they cancel 2% commission on relatively small category notes of foreign currency? ...The CBI is doing this for a reason and I suspect it is for a very good reason. As in, they are going to have similar small notes that have more value therefore, they will have to exchange similar notes on a daily basis.. So imo, this is huge...imo. 1-15-2019 Newshound Guru tlm724 [Q? : I read...that we need article 8 from the IMF before Iraq can reval, is there any truth to this?] Yes there is truth in that. 1-15-2019 Newshound Guru Kaperoni If you go back and read some of the transition documents...from the IMF, it fits right in line with the plan we see evolving in Iraq. I also encourage anyone who has not yet reviewed the IMF Article IV Consultation from 2013 and 2017 to go...and review this information. It also fits in line with what we are seeing evolve in Iraq. 1-15-2019 Newshound/Intel Guru Mnt Goat Question: So what happens to the currency in circulation and the currency that was printed but never circulated when this takes place? Does the value go down? e.g. 25,000 notes become worth only 25 dollars? If they delete three 0’s 1 dinar would be worth 0.85 cents as of today.
  9. 1-13-2019 Newshound Guru MilitiaMan Article: "Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari by Amre Sarhan Oct 29, 2014," Good deal...WS [Guru Walkingstick] told us back years ago that the process on the second set of books takes time. I believe there is data to support that from the IMF. Didn’t WS suggest that time of the four year process to be 01/01/2018? I think so. So if that is the case which, I believe to be supportive being his track record is very good. The One more year equates to? Any time now! IMO...! 1-13-2019 Intel Guru Delta Article quote: "The revaluation of the Iraqi dinar is ready to be implemented by the country's Central Bank; however, the Parliamentary Economic and Investment Commission has decided to postpone the revaluation to 2019." THIS ARTICLE IS FROM 08/16/2017...2019 IT'S...(an exciting prospect - if they hold to their statement..!) 1-13-2019 Intel Guru RayRen98 Iraq TV is reporting to the citizens they are "not seeing an end in sight" regarding the differences in the chosen names for cabinet seats and that this is causing damage to their government. Iraqi TV is reporting "no time table" for the completion of the cabinet voting. [Really? Is this a smoke screen...Time Will Tell..!] 1-13-2019 Newshound Guru Kaperoni The dinar you own will never go back to Iraq. It will become part of the global traded currencies.
  10. 1-11-2019 Newshound/Intel Guru Mnt Goat Article: "THE THREE PRESIDENCIES MEET POMPEO AND THE LATTER RENEWS HIS COUNTRY'S SUPPORT FOR IRAQ" Article quote: “activation of economic cooperation and investment between the two countries”. They are about to get this ball rolling from this 2018-2022 reconstruction plan. This plan, as we know, hinges on reinstating their currency. Why? They will need “free flow” of capital in and out of Iraq and they can not do this having to go to currency auctions and keep converting dinar to dollars. Get it? They will need automated, international systems to transfer money and these systems use the global currency exchanges to convert the currency to the proper exchange rates... 1-11-2019 Newshound Guru Kaperoni People ask me all the time..."why is it that a float is the only solution for Iraq?" Because it is the only way to gradually reduce the money supply as the dinar appreciates in value as a result of investment to reduce inflation. ...a mythical RV or RI...Never happening as there is to much (over 40 Trillion) dinar in circulation. Can never happen. Only a float at this point could work. There will never be a $3-$4 exchange rate of the dinar. Total nonsense. Iraq is trying to rebuild and create GDP not go broke paying out on a currency exchange...Monetary policy is pretty well documented for emerging market economies. 1-11-2019 Intel Guru ADMINBILL Another weekend is coming and with it come possibilities of an end to our journey. Are we there yet? That remains a question that will not be answered until you are at the bank. I am encouraged. 1-11-2019 Intel Guru Bruce I am probably more positive than I ever been the last 14 years. The fact we expect it very soon, very shortly. ...things are moving along nicely. We are moving through and you know I can’t call it because I do not know it, but I tell you I think we are looking very strongly over the next few days. Might have a great weekend...additionally...a lot of the rates were flashing...but...when we get ready to go the rates will be solid and maybe they will move a little bit up and down. That is okay. That is part of the Forex, part of trading, but I tell you this much about the Dinar, they had to increase the size of the screen vertically on Forex because of the increase that is anticipated for the Dinar. Two inches. They increased the height of the screen because of the curve that is going to take place of the Dinar going up. It would have run out of space. ...We are in great shape... we are looking at a real strong weekend...I think we are just about at the end of the ride... 1-11-2019 Intel Guru Frank26 On the 30th, of December, lifted the 3 zeros electronically. What I’m about to share with you is public knowledge. Why doesn’t the Internet know? You...have the ability and privilege to receive our study from [Guru] Walkingstick. Because Walkingstick is working with the Government of Iraq. On the 30th of Dec. 2018, WS firm received 240 contracts from the GOI. They started internally. 24 of them, have already been PAID. They were paid in IQD. The term of acceptance: 30 day contracts. Of the 240, 24 already paid in IQD. That’s exactly what Iraq has to do. I want you to know that these 240 contracts and the 24, they were paid at a rate of 1:1. Those contracts will start on January 13, 2019. Details on other firms is unknown to us. Believe they are similar and paid in IQD at 1:1. .........It would be awesome if this is true, but we wont know for a few days. There isn't any evidence out there that this has actually taken place....but, we can all hope and pray that it did, and will be validated by the CBI at the appropriate time..! We shall soon see..! .....RON
  11. 1-12-2019 Newshound/Intel Guru Mnt Goat Article: "Iran pushes Iraq to maintain trade without US dollar" This has NOTHING to do with the CBI determining when to reinstate the dinar. There is absolutely no connection for pressuring the Iraqi central bank. Will a reinstatement of the Iraqi dinar actually be good for this situation? Actually NO, and so why would the US push the CBI to use the dinar in place of the US dollar. If it were a good thing the Central bank could they just end the currency auctions and use dinar to trade with Iran. But the fact is it is NOT that simple and the other reasons why Iraq has not yet reinstated their currency still exist. ...They can’t just RV or RI cause they need to trade with one country in the middle east. It does not make any sense. ...In the long term this pressure from the US to have Iraq more independent from Iran is the BEST thing that can ever happen to Iraq. 1-12-2019 Newshound Guru Kaperoni So some are asking the significance of why the government needs to be offically formed for the IMF to engage with Iraq? Usually on these types of agreements a legitimate government is needed for validating/confirm signatures. [The normal cycle for Article IV consultations for countries under a program is 24 months. Thus Iraq is not due for an Article IV until the summer of 2019.] Wrong. Iraq under it's programs meets annually. Not to mention, the representative to Iraq told me directly they will not meet with Iraq until the completed formation of the government... 1-12-2019 Newshound/Intel Guru Mnt Goat ...we know Iraq has the plan to coincide the smaller category notes with the larger 3 zero notes together. We know this because the central bank of Iraq itself has told us. This is what really is going to make us rich someday. ...If Iraq was going to just “lop” they would have done it already. 1-12-2019 Intel Guru RayRen98 Parliament ended their session today with no mention of a cabinet vote... 1-12-2019 Newshound Guru Kaperoni Great new article from the World Bank talking about Iraq's GDP going from 1.9% in 2018 to 6.2% in 2019. How? Unless they open the banking system to the world for global investment.
  12. 1-10-2019 Newshound/Intel Guru Mnt Goat For all you who ...want a date and a rate – no reinstatement as of yet and the dinar is not yet international. The CBI is still planning for the month of January and so we watch and wait, however I do not see the signs I would want to see to by now to prove this is the case. There is still more than 3 weeks remaining in January. Also when the dinar does finally reinstate it will most likely be in the range of $3-$4 on exchange with the US dollar. (There is no proof anywhere that this will be the range when re-instated. The now declassified "Future of Iraq Project" document [Bush-Chenny Plan] indicated that it was desired to restore the IQD back to the pre-Saddam rate of $3.33 [the Golden Dinar], but there is no indication as to the time frame to bring it back to such a rate. RON). This is NOT going to be slow rise from the program rate 1190 since it will no longer be solely pegged to the US dollar. (Once again - Mtn Goat's opinion...) 1-10-2019 Newshound/Intel Guru RVAlready [Q? : So the budget being voted on tomorrow [Thursday]. Is that the news we're waiting on for tomorrow or Friday?] We do not really care about their budget. The RV will happen independent of that. I think parliament is a smoke screen. Stuff in Iraq almost always comes from back room meetings. Sounds like cabinet will be announced tomorrow. 1-09-2019 Newshound Guru Adam Montana I’m still pretty solid about 2019. In fact, I like it a lot. Not this week in particular, but in general - I think we've got a solid chance...this year! I've been keeping an eye on the situation for a few months now, waiting to see the trend I'm seeing right now. Waiting for all the pieces to come together. And I finally feel like it's time to voice the following thoughts. We may all enjoy a lower pump price, but I guarantee you the Middle East and all our Texas oil boys don't necessarily like them! That's exactly why OPEC entered into a production limit agreement in the not-so-distant past...because supply and demand drives price. Oil is on sale right now, due to a very high supply, and I don't think we'll see an RV while the sale is on. It's simply not in the CBI's best interest to do so...(post 1 of 3)... 1-09-2019 Newshound Guru Adam Montana The good and bad news is this - there are actions being taken to get the price of oil back up. ...Now, think about this little tidbit...Iraq has "confirmed their commitment to participating" in the oil productions cuts. But, as a savvy reader who remembers the details, you also know that Iraq was not specifically included in the original OPEC agreement. Iraq is essentially standing on the sidelines, voicing support, encouraging the action... but reserving the right to step back from it and swoop in on some profits once they are there again, while everyone else frantically tries to organize a vote to release themselves from their self-imposed restrictions. At that point in time, Iraq will have all the time they need to successfully execute a couple days or even weeks of trading, exchanging currency with higher values and reaping profits on said exchanges, and everyone wins...(post 2 of 3)... 1-09-2019 Newshound Guru Adam Montana Yes, EVERYONE wins. Even the OPEC members that may have seemingly "lost" some revenue with their limited production agreement. The truth of that matter is that none of them are in the dark about the potential for Iraq to revalue. They all sit there, innocently and conveniently silent about Iraq's exclusion from the agreement. Coincidence? I think not. In fact, this is the KEY. It's staring the world in the face, and only a small group of us are even paying attention. I'm Ok with that. HCL is still a pivotal issue, but there's no point in finalizing the HCL until oil prices go back up. More good news - Iraq is in a very good position to implement HCL, so once we see this graph going up again...game on..! ...(post 3 of 3)... .....
  13. 1-9-2019 Newshound/Intel Guru BGG ...Personally, I don’t care which way it starts – just as long as it gets going. ...Regardless of which way it happens – if the value rises, we ALL WIN!!... 1-9-2019 Intel Guru Bruce [via PinkRoses] Just when you think it is safe to say everything is done with Iraq, there is one more piece we were looking for or is happening that we should be aware of. We heard they have (3) announcements coming out...One was made today [Tuesday]. One should be made on Thursday, and I believe one is going to be made on Friday. I know one of the announcements, not the one today, I believe will talk about the reinstatement of the Iraqi Dinar, and the fact that Iraq is a Sovereign nation and has revalued currency. Some of that revaluation of that currency will occur when that currency is actively traded on the world market using Forex to do so. I believe that is where we believe is reinstatement and go into revaluation because the rates they have now that we know of is already higher than their $3.22 rate was back in 2003 (the last time it was at that value was pre 1st gulf war - in 2003 is was just a few cents before the new IQD was distributed and it came out at about 3000 IQD TO $1 US) ... RON.. ...ultimately Iraq is done having made the decision to do what they needed to do and conform to what they have been asked to do. Now it is just a matter of timing and time. So I am going to say I am looking forward to again a very good and interesting weekend... 1-9-2019 Intel Guru RayRen98 Iraqi TV is reporting that Thursday's session will "probably" be postponed until Saturday due to the low attendance for Tuesdays' session that eventually did not take place. Mahdi is being requested to hold accountable those who did not appear for the session. Mahdi continues to submit the same names already previously rejected. He has sent out a text/tweet message supporting his actions with resolve being a fully-appointed cabinet "soon." [Time Will Tell]
  14. 1-8-2019 Newshound Guru Kaperoni I believe Inflation in Iraq is under 2%. There are several reasons why the CBI should begin to raise the value...but only time will tell. 1-8-2019 Intel Guru Frank26 There are two banks within Iraq that have mirrored US banking capabilities regarding the transfer of funds and now are able to do a conversion from country to country. The importance of the 2 banks in country of Iraq adopting our US banking techniques is that now the contractors who are conducting business in country and being paid in IQD are now depositing their IQD in American banking institutions. And now our banks are able to convert these deposits from IQD to USN in our country. We know of one US contractor has in over 200+ contracts for construction within country and will be paid in IQD on a 1 to 1 basis with US currency values and because of the mirrored banking techniques his in country bank will now make this conversion. 1-8-2019 Newshound Guru Kaperoni ...guru BGG tries to discredit my recent float post by saying it is not supported by and CBI or other documentation. ...wrong! In fact it is supported by the experts...the IMF. My comments are directly related to articles or documentation pertaining to general monetary policy issued by the IMF themselves. [reference Guru BGG post 1-6-2019] 1-8-2019 Newshound Guru Phillyman ...Today we have another delay due to lack of quorum, this one to January 10. Some thought remaining positions would be filled, the 140 discussed, the 2019 budget discussed. I continue to listen to [Guru] Breitling and believe in this investment... 1-8-2019 Newshound/Intel Guru Mnt Goat Article: "CBI IS SELLING COLLECTORS COINS" Of course many...are going to try to tell you that the CBI is releasing coins and thus the RV is happening. So I am warning all you intelligent people to ignore all this rubbish. So far we have NO signs of a reinstatement as we expected to see by this time. But January is not even half over and there is still much time. Let’s see what really happens. I am still hearing the CBI is targeting the end of January. 1-8-2019 Newshound/Intel Guru RVAlready Article: "Jim Yong Kim steps down as President of World Bank" Wow. WB president steps down. No reason given. Never thought I would see this…Wonder who else will go between now and the RV/GCR
  15. 1-7-2019 Intel Guru Frank26 Article: "Iran is moving to remove zeros from its currency and curb inflation" [IMO this is a lop.] CORRECT...THE COMPLETE OPPOSITE OF IRAQ'S RI..!!! THERE IS ALL THE REASON FOR THE IRANIAN RIAL TO LOP...AS THERE IS ALL REASON FOR THE IRAQI DINAR TO RD/RV/RI..!!! 1-7-2019 Newshound/Intel Guru Walkingstick Article: "Iran is moving to remove zeros from its currency and curb inflation" Comparing, apples- oranges... There are no comparable factors between Iraq/ Iran and why they have opted to RD their currencies.... The manner in which it will be employed and or the expectation of results after the fact...In short: Irans reasoning/ necessity due to inflation spiraling out of control, approaching hyperinflation...A factor non existent in Iraq... 1-7-2019 Intel Guru ADMINBILL Still hearing good things so don't be discouraged. Once again, until all of my contacts agree because they have proof in hand then we continue our watch. 1-7-2019 Intel Guru Frank26 ...NO ONE KNOWS THE DATE NOR RATE - UNTIL THE CBI POSTS IT...!! 1-7-2019 Intel Guru RayRen98 Reportedly, 4 of PM Madhi's Parliament ministers will be expelled due to their alleged activity with the government corruption. If so, that will leave 7 cabinet seats to be filled instead of 3.[Hmmmm, will it even make a difference? Time Will Tell] Iraqi TV broadcasts a Parliament spokesperson indicating that Tuesday's session will NOT produce a resolution for the remaining cabinet members because of the ongoing turmoil and submittal of the same names previously rejected... 1-7-2018 Newshound/Intel Guru Mnt Goat Why do I keep saying “reinstate” instead of “revalue”..? The CBI can’t revalue the dinar since it is not even yet on the global trading platforms. ...We must go by pure definition of what being traded means...To be “traded” means that the dinar can be bought and sold on the “open” global currency exchanges like other currencies. It also means that investors in currencies such as hedge funds, investment brokerages, etc, etc...can legally pick up the dinar and place them in portfolios such as 401K's, retirement funds, mutual funds, etc...The CBI itself tells me they must first “reinstate’ the dinar and in this process they expect a significant rate change. This process stems around the “project to delete the zeros”. They tell me this project must coincide closely with the reinstatement process. This is what we watch and wait for not a revaluation.
  16. 1-6-2019 Newshound Guru Adam Montana [Q? : Crude Oil Prices/Future to reach a critical threshold (whatever THAT is).] $55 is what I'm looking for, with $60 being in the red zone. 1-6-2019 Intel Guru RayRen98 Artile: "Iran pushes Iraq to maintain trade without US dollar" Article summary: "Iran is pushing for an agreement with the Iraqi Central Bank to maintain trade in local currencies after dollar-base trade halted following the re-imposition of US sanctions." “Using the dinar in trade with Iran will lead to an increase in the value of the Iraqi dinar due to higher demand, especially considering that the trade exchange between the two countries reached $8 billion in the past eight months,” freelance researcher and writer Ahmed Hathal told Al-Monitor." For a clear understanding of why things are being held up...it’s what I’ve (RayRen98) been telling you for weeks. 1-6-2019 Newshound/Intel Guru Mnt Goat ...last summer we got the HCL passed and we were told full activation in Sept since the passing of the law stated Sept timeframe for activation. But this of course was contingent upon something. This something we don’t know what it is...Then when Sept came we were told full activation in Feb 2019 along with the sovereign funds. So this is technically overdue. So what is this issue then that they keep delaying this? Could if the drop in the price of oil? Could it be they expected to have the gov't in place and the reconstruction moving along by now and thus also the currency restated? But since they still delay the gov't this is delaying everything else?... 1-6-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni post 1-4-2019 - There is a tweet going around that President Trump has tied some RV to a China trade agreement…False. There is no RV never will be. Best we can hope for is for Iraq to open it’s economy to investors and float the dinar.] This is [Kaperoni's] honest opinion. However, this is all it is – an opinion. In fact, it is an opinion not at all validated by documents produced by the CBI and the US Congress.
  17. 1-5-2019 Newshound Guru Adam Montana [Q? : Any real chance we see the HCL passed this month?] Any real chance - absolutely! But I think it will be delayed until there is a solid swing in the oil market. 1-5-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT TO VOTE TO LIFT THE IMMUNITY OF ANY DEPUTY WHO VIOLATES THE LAW" this member of parliament is right on track. This immunity stuff is at the very heart of the issue of corruption. Don’t you think members of the government know they are protected and this gives them a safeguard? Eliminate this and things could drastically change in Iraq, for the better. 1-5-2019 Newshound Guru Breitling Iraq cannot function…they need $54 per barrel to survive…they’re telling us…in two years it’s going to be $25 per barrel. That means they’re in the negative. They need $54 to stay even. That’s just to make it. To survive…They are going to be below that by half…it makes me happy cause you and I are sitting on their currency. What are they going to do devalue it more? No. They are going to add value and you and I are sitting on it. You should be happy. It’s real…that’s the way it works. No body can get around this math…You have a hundred years of how countries devalued and valued their currencies and Iraq is no different. They are going to be forced to do it. Nothing can stop them from doing it. That’s what’s so neat about what’s coming up. 1-5-2019 Newshound/Intel Guru Mnt Goat Article Quote: "...al-Karbouli warned Thursday of dire consequences for the Iraqi economy if the fate OF THE IRAQI DINAR IS LINKED TO LOWER CURRENCIES." Could this be referring to the USD? Of course it is since the dinar is (removed "not" from the post) solely pegged to the US dollar ... if the US dollar has de-valuing issues, this would also drag down the value of the Iraqi dinar. This article is correct. So the best solution is to get off the sole peg and re-peg to the SDR basket of 5 currencies. Then put the dinar on a float and open it up to the world again. 1-5-2019 Newshound Guru MilitiaMan Article: "Under the title No to the adventure of our economy .. Karbali warns of linking the Iraqi dinar in currencies with the lowest value" My take away is this. Okay, he is concerned the IQD will be LINKED with other currencies, that may or do have less value. Not my problem...As what he just said, tells me the cat is out of the bag in that they are going to be linked to other currencies internationally...We shall see what happens, and all in my opinion!! WOW.
  18. 1-4-2019 Newshound/Intel Guru Mnt Goat We still wait for the Jan 8th session in parliament to see if the last of the three ministers are voted on. Today we heard that maybe they might just vote on the Interior minister on next Tuesday. We wait and see. So right now there is still no indication of a reinstatement occurring soon. I know we all expected maybe January to be our month and this is still the best month for the CBI to target it. The CBI still has this planned for January but, like I keep telling everyone, this is not going to be such a huge surprise when it does occur. We WILL have some indication for at least a week or two ahead of time and see it coming. Right now we do NOT see any of these indicators. Maybe after the last of the ministers are voted on things might suddenly pick up and get crazy. We just sit, relax and wait….. 1-4-2019 Newshound Guru Kaperoni There is a tweet going around that President Trump has tied some RV to a China trade agreement...False. There is no RV - never will be. Best we can hope for is for Iraq to open it's economy to investors and float the dinar. 1-4-2019 Intel Guru Bruce ...I know there have been things happening in Iraq. I know that they have a Parliament meeting tomorrow [Friday] ...I am sure some good information will come out of that...We know things are moving along, but they are moving slowly. As far as I know (and that is questionable - at best) rates are still good.....I believe that there is going to be a Bank meeting among the major Banks...I think they are going to make a decision on when to release this to us (the banks will never have any say about the IQD and any decision for a value change)... We believe they have a couple of options to do it before the weekend (...B.S.). ...That meeting should take place early in the afternoon tomorrow [Friday] which case anything is possible for us in the next couple of days. This is what I am hearing (from who...gremlins)..??...I just think we are in a great position to receive and finally be there. Yes, it has been a much farther process than any of us thought. (as was mentioned by someone yesterday...what is he smoking..?) 1-4-2019 Newshound Guru Adam Montana [Since I have been on this investment (10years) the dinar rate is moving in the wrong direction (Devaluation) from 1166 - 1182 - 1190.] ...I don't think we're seeing anything to worry about. A change from 1166 to 1190 is miniscule and barely worth noting...I think we are going in a good direction. (......) 1-4-2019 Newshound/Intel Guru RVAlready [Question?: Is it to say that Iraq depends on stable oil prices in which to submit, ratify, and approve a budget? I ask because one would think that contingencies would be in place for such a volatile resource.] That would depend on current rate vs budget minimum target rate. A question I cannot answer….there is probably room to spare in the numbers. They have been at this a long time. So, they probably have room to play before they would alter the budget. Also...they have plenty of monetary reserves.
  19. 1-3-2019 Newshound/Intel Guru Mnt Goat Q? Will we see the “reinstatement” of the Iraqi dinar this month? All we can go by is what we know as FACTS...We know that Jan 2013 is a known past planned targets to reinstate the dinar. Even Dr Shabibi came out in a news media talk and told us that Iraq had an “unprecedented” opportunity to reinstate the dinar. But they failed due to political corruption. Three other targeted times but NOT attempted like in 2013, also occurred for January 2011, 2016, 2018. The CBI also came flat right out and told us that “EARLY 2017” was a target but due to ISIS war not completed this would be delayed. So it seems that EARLY January is significant. When we research we find out that the accounting period (fiscal year accounting period) for Iraq begins Jan 1st not oct 1st like in the western world. Could this make a difference as to why they select January each time? This may always been the best opportunity for them to reinstate the dinar.
  20. 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...?
  21. 1-2-2019 Newshound Guru Breitling …We’re looking at a currency [Iraqi Dinar]. We know what it used to be worth…the highest it was worth was $3.25. Saddam Hussein through his manipulated currencies said it was worth $3.75 but we know that’s not true. We had the first gulf war and it took a huge hit. So we know what the value went to at that stage. The second gulf war we knew it was going to drop to compete nothing so we injected the Iraqi economy with $1.5 billion worth of U.S currency so when we did the shock and awe they had money to spend…later on down the road they printed the currency that you and I have and they actually had to put $1.5 billion more U.S. dollars more into the economy because the popularity of the currency [Iraqi dinar] started going up. So what were they trying to do? Control the pace of the economy of Iraq. They actually had to do this a couple of times…(post 1 of 2).. 1-2-2019 Newshound Guru Breitling The next big step for them was…the volume of currency that was out there. Then they had full control over the Iraqi dinar. So what are you and I looking at? Why am I invested? …I see an undervalued currency. Just like Warren Buffet sees an undervalued stock in the stock market…I can tell you where the value was at. I can tell you where the value is right now. And I can tell you what the value could be. The difference between Warren Buffet and us is that he has management rights. We don’t have management rights. We have to have confidence in the…people who are managing it to get it to where we want it to be. We’re just investing in an undervalued currency…Don’t tell me it’s at true market value…there’s all this hidden value in it. The people who don’t see it, hey that’s on you…it’s the most legitimate thing out there. It’s a huge opportunity. The question is, when. You and I don’t have control over that...(post 2 of 2])... 1-2-2019 Intel Guru Bruce [via Pinkroses] ...here on January 1st is as an International New Years Day none of the banks are really open, but also none of the markets are opened for trading. ...but they are getting ready to start up here... ...I do know that what we have heard regarding the rates have been very favorable. ...Yesterday we heard very positive thing that put the Iraqi Dinar at about $5.60. It put the Vietnamese Dong at almost $5.00. ...Now let me say this, those rates were still up this afternoon [Tuesday], but they had not changed because no trading has taken place. Now we believe that tomorrow we will have new rates up on the screens that should be even better. All the rates including the Dinar should be there...(post 1 of 2).... 1-2-2019 Intel Guru Bruce Every indication we have had over the last 3 or 4 days is pointing toward the next day or so. ....We did get a few things that sort of confirmed where we thought we were and where we are, and where we plan to be the next couple of days. I am going to stay very positive and say that I believe we are at the end...We know everything is ready...(post 2 of 2)... 1-2-2019 Newshound Guru MilitiaMan Article: "An economic artery will link Iraq to Jordan for decades" Quote: "...both countries would arrive at details of the transfer and cost of export of Iraqi crude oil to Jordan before 2 February 2019."... They have had this in the works for years... Fees and Customs Duties.. Taxes and Tariffs willl automatically adjust when timed accordingly and appropriate.!! imo ...we are in a sweet spot.. imo. 1-2-2019 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI: IRAQ WILL BORROW FROM 21 FOREIGN PARTIES IN THE BUDGET OF 2019" Quote: “The 2019 budget is going in the wrong direction,” she said." Tamimi is an MP on the finance committee. I would listen to her closely. She is also the one that first exposed all this corruption with the currency auctions years and years ago and we all know this is in part, why the reinstatement is taking so long. We also know that in part the new Nov sanctions on Iran were designed to force Iraq to close down the auctions and use dinar for trading purposes with neighboring countries. But in order to do this they must first reinstate the currency...
  22. 1-1-2019 Intel Guru Frank26 IMO...THE MR OF THE IQD IS ENTERING A NEW...PHASE. NO ONE KNOWS THE DATE NOR THE RATE...BUT THAT'S NOT IMPORTANT BECAUSE OF THE EVIDENCE DIRECTLY FROM THE CBI...BOLDLY AND CONFIDENTLY. IMO...THE RI HAS EVOLVED INTO A PHASE THAT WE WAIT FOR TIME TO SHOW YOU... 1-1-2019 Intel Guru Frank26 YOUR FOCUS SHOULD ONLY BE ON...WHAT THE CBI DOES WITH THE RI OF THE IQD...NOTHING ELSE. FOR ALL ELSE WILL AUTOMATICALLY ADJUST POST RI. 1-1-2019 Newshound Guru Kaperoni ...monetary policy is not some random act. Monetary policy is based on statistical analysis. Iraq is not at an artifical currency rate. ...The rate is the current exchange rate that has already appreciated since the dinar was introduced in 2003 from about 3400 to $1 to 1166 to $1 by sound montary policy under Shabibi. And since 2015 the dinar devalued to 1190 to $1 as a result of IMF intervention. This is the true dinar rate. There is no RV or RI. If the dinar is ever going to continue to appreciate it will be based on sound monetary and economic principles. This can only occur if Iraq opens it's banking and financial system and creates a private sector in which foreign investment can come into Iraq. Only then the dinar will appreciate in value via a float. ...As I stated, Iraq has much to do before the dinar can rise. Happy New Years to all. Let's hope 2019 is prosperous for all. 1-1-2019 Newshound Guru MilitiaMan ...I have the opinion that "The longer it takes the more money we make." With that said, my assessment ...on what Alak from the CBI has told us in regard to loans...both the bad and good. He pointed out in the interview that the bad loans were worth $5,000,000,00. (?? $5 Million ??) So...if you take what Alak says, then drop the zeros and do the math. It comes out in the range well over the AAD. Which by the way, to determine the AAD we used the loans they publish, to ascertain the $4.25. Just as we used the IMF / SDR 3x.. Depending on which rate one uses the daily or monthly rate per the IMF SDR, one may find $4.20 + - up to $5.85... imo... (post 1 of 2)....REPOSTED 1-1-2019 Newshound Guru MilitiaMan So, I don't know if they can't come out higher than the AAD or SDR - for a fact, I do trust [Guru] Walkingstick, however, I do believe Alak is the one that has the purse strings at that CBI...So, we watch and wait. It very well may be an AAD rate and then climb later on.. Then again, Iraq has told us they doubled their oil reserves and are finally going to impose taxes and tariffs, claw back assets, liquid natural gas sales, minerals, etc.., therefore all would appear to support higher values now than in the past. imo... (post 2 of 2)....REPOSTED More speculation that stirs up rumors that never go anywhere...!
  23. ****************** MONDAY GURU OPINIONS **************** 12-31-2018 Newshound/Intel Guru Mnt Goat Here comes HCL….Article quote: "The oil and energy parliamentary committee confirmed its intention TO APPROVE THE OIL AND GAS LAW DURING THE CURRENT PARLIAMENTARY SESSION." Iraq will need HCL and Article 140 to move forward with a reinstatement...So it looks like this new government is in support of getting this done, finally. 12-31-2018 Newshound Guru Sunkissed Article: "The Central Bank allows companies to mediate the sale and purchase of foreign currencies" THIS IS PART OF WHAT WE ARE ALL LOOKING FOR..!!! (imo). When a company "mediates the sale" -- that 's a fancy way to say that they get to take a percentage of the profit...a broker's fee! They are outright telling you that the IQD will be traded - bought and sold - by big investment brokers. In other words...rather than the auctions done by the CBI -- now you want to EXCHANGE dinar for another currency, like the USD, Rial, Yuan, etc. Go to a brokerage firm that handles that. You don't need to come to the CBI to buy and sell the dinar or any other foreign currency! For me, this is the preamble for stopping the auctions..!! This sounds reasonable to me...Praying it WILL happen soon...! RON 12-31-2018 Newshound Guru MilitiaMan They want the taxes and tariffs and big time...They will get a slice of that pie... ...simple math shows us that they (Alak) have given forward guidance as to where they are headed if not right out the gate. A program rate at .00083 is simply not what the Fab 4 are looking to get a % of...It will be based on a new international and very supported true value of imo over $6.00 [never happen at $6 as an initial rate - Ron] (at least per the math based on Alak loan value he gave of $5,000,000.00 in an interview). Those taxes and tariffs will raise the value of their currency. The formula to calculate REER and NEER is done, just has yet to be applied. One thing I have said in the past is, “The longer they take, the more money we make.”...what I mean by that Is the rate has been growing if in fact the new source (unsolicited..???) is right. Regardless, what we will get will be a benefit for us all...(post 1 of 2)... 12-31-2018 Newshound Guru MilitiaMan As for a couple other items centering around the taxes and the date of 01/01/19. Who is scheduled to be in DC just before that date? Mahdi...Who told us Monetary Reforms can take up to 5 years time? The IMF. Who told us that as of 01/01/18 that the second set of books were completed for four years? Yep! [Guru] Walkingstick! Well 01/01/2019 is the fifth year... Now that may all be circumstantial to you all, but, it sure isn’t to me... in fact the evidence suggests this year will be taken care of possibly as soon as tomorrow night [Monday] 11:59:59..!! One more thing, the source that brought me the forex traders, brought me that the high level traders expect the IQD should go live 01/02/2019 or 01/03/2019 per holiday trading time lines...(post 2 of 2)... ****************** SUNDAY GURU OPINIONS **************** 12-30-2018 Newshound/Intel Guru Mnt Goat ...Just so everyone knows that there was NO violation of sovereignty since the Iraqi government did know about the visit. There was no meeting with Iraqi officials due to the timing of the meeting and still the uncertain security situation. The renewed “US-Iraqi Status of Forces Agreement” (SOFA) is still in force and legally allows US forces to travel to Iraqi bases. This was renewed in order for the US to come into Iraq and help fight ISIS. Remember? 12-30-2018 Newshound/Intel Guru Mnt Goat ...Folks there is just too much coincidences happening and too many parallels with Iraq and the USA. You really have to settle down and quiet your mind and just think about it all rationally. We are in a HUGE transition period. We have the power to bring it sooner than later. We can make this happen... That's All Folks...Have a Blessed & Prosperous New Year...! RON
  24. 12-29-2018 Intel Guru RVAlready “I really think that this new government is the key and that's why iraq is having so much trouble getting it finalized because they are fighting against Iranian influence.” The RV will help so many people. It is a shame to see it held up. BTW, it will also benefit Iran, so I do not see that as a reason for a hold….. We already congratulated Iraq on having the government done. And the 3 presidents could always take the last 3 posts…Yes, their [Iran’s] government hates the west. But I do not think that is the hold. I think Jan 1 is the plan date. I do not think the CBI is holding it back. Everything I have seen says CBI wants this done. 12-29-2018 Newshound Guru MilitiaMan My view is Mahdi is in DC now... Article quote: “He’s [President Trump] staying in Washington, D.C., over New Year’s. He’s canceled his plans for Christmas. Now, he’s canceled his plans for New Year’s,” That is a good find. It supports Mahdi and Trump, have business to tie up... imo...I see no cancellation of their meeting.. imo...! 12-29-2018 Newshound/Intel Guru Mnt Goat I told everyone there are still two remaining laws to be passed to fulfill the constitutional requirements. I was told many years ago without a full implementation of the constitution there will be no reinstatement of the dinar...So...we see the HCL this week and last week Iraq talked about the Article 140 requirement. Why is this? ...the GOI has to do its part and make sure the proper bills go before parliament and parliament passes them...Or no reinstatement. So all this news about passing HCL and Article 140 suddenly shows each time we get close to any reinstatement. 12-29-2018 Newshound/Intel Guru RVAlready No reason to be pessimistic about the RV at this point…..We just have no new data. There was no positive data before the Kuwait change either. 12-29-2018 Intel Guru ADMINBILL I DO NOT BELIEVE 2018 IS IN OUR CARDS SO I AM FOCUSING ON 2019. THERE APPEAR TO BE MANY THINGS COMING TO A MEETING POINT VERY SOON.
  25. 12-27-2018 *** Iraq News Flash *** U.S. President Donald Trump made a surprise visit to the troops in Iraq on Christmas evening. It's reported he assured Iraq there are no plans for the U.S. to end operations or support in the region. 12-27-2018 Newshound/Intel Guru RVAlready ...I feel we are headed for the RV. The 2019 Iraq budget is written in post-RV numbers (billions, not trillions, of dinar). Iraq needs this RV to move forward. The CBI is clearly planning to get this done. To me, everything else is just noise. 12-27-2018 Newshound Guru Kaperoni Quote from John Bolton, Assistant to the President for National Security Affairs: "In Iraq, President Trump spoke w/ US military leaders about the progress to secure total victory against ISIS. He also spoke w/ Iraqi Prime Minister Adil Abdul-Mahdi, and invited him to visit the White House. We look forward to hosting him DC." 12-27-2018 Newshound/Intel Guru Mnt Goat "PRESIDENT TRUMP MAKES CHRISTMAS VISIT TO TROOPS IN IRAQ" So this really happened. It has NOTHING to do with the reinstatement of the currency...However, it a sign to us that the country is getting safer. But a “state” visit was NOT the purpose of this trip for Trump. He promised to return when the government is “fully” formed. Wow! This simply a visit to the armed forces base in Anbar...the visit was not actually surprising to the Iraq government but was asked to be kept quiet. Trump did say he fully intended someday soon to return for an “official state visit” but only when Iraq was ready. 12-27-2018 Intel Guru ADMINBILL Keep your eye on the ball during the coming week and into 2019...Remember, this is a process...Truth will soon prevail...We win. 12-27-2018 Newshound/Intel Guru tman23 Damn interesting that Secretary Treasurer Steve Munchin shook the markets after it leaked that he called banks to check if they had enough liquidity...WELL DO THEY?? AND WHAT IS ABOUT TO COME? It is getting close to the New Year when Iraq MUST do the ZEROS...we shall see what that entails as this is also the year for USA infrastructre rebuild to kickoff...Like what i'm seeing...hopefully the dinar bares fruit shortly..!
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