The IQD Team: They Want To Bring The Dinar Back To The Glory That It Was !

[DinarThug]

CNN. Broadcasting During A News Blackout. Cooked Just Blacked Out But That's Hardly News !

The IQD Team

March 22, 2012

Highlights/Summary & Replay of CC

Thanks to Brenda for the Summary

Conference Call Replay - March 22, 2012

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760-569-7699 Pin 769478#

Straight Talking Mike Recaps and summarizes tonights news

(Listen to the recording for all of the detailed analysis of the articles discussed - so much great information shared

the following is just the recap of the articles discussed on the call)

We talked about the Central Bank talking about the tariffs

talked about wanting the tariffs to be ready for June which we have discussed again and again on our calls

and the Central Bank said Woa we dont want to create a lot of inflation..be careful...tariffs create inflation

The government says no no we want to collect the money - its money to run the govt like every government wants

we want to be able to collect those taxes to get us rolling forward

and the Deputy Governor is warning say hey be careful

I want to remind you we have no value to our currency right now

and when we do we have to understand you guys want to yank a 30% tax onto this here

We have to figure out that and add that into our equation

when we are getting ready to RV & add purchasing power to our dinar because we cant give too much value that creates inflation

and if we give it too little value it creates inflation so theres that fine line in the middle where they have to get it right with what the governments doing and what were doing here...its tough....You have different philosphys on how that is done and its all economic theory and you find out if you are right after the fact...not before the fact...so you have to get all of your ducks in a row and you have to move forward

ANOTHER MARKER OUT THERE THAT SAYS BY JUNE WE HAVE TO HAVE SOME KIND OF VALUE TO THIS DINAR OR THEY WILL HAVE INCREASED INFLATION .....VERY VERY GOOD

We saw a lot of the articles that came out were re-writes of articles that have been around for a couple of weeks now..sometimes even a month or so...

Great sentence from this article "remove three zeros from the Iraqi dinar in order to reach to levels comparable with the exchange rates of foreign currencies order back to the glory of the Iraqi dinar and weighs a healthy beautiful green turquoise."

This was repeat of this article on HOW THEY WANT TO BRING THE DINAR BACK TO THE GLORY THAT IT WAS

where it had purchasing power - where people were able to buy and do things and what you have to remember in Iraq is that not everybody was privy to all that purchasing power that they had when they had it in Iraq..they didnt have many goods coming thru

so they had a high value on their dollar 3.22 but there was not alot they could buy because there was not alot of stuff coming in...you could buy food but you couldn't buy goods - you couldn't build a house, you couldnt do things with an economy..the regular people didnt have a chance to really enjoy any of that...

It's not like they all were like the people in Kuwait

who understood what that money is and know how to spend it

it's been in their economy...they understood what it was all about

they didnt get to taste any of that....this is all very new to them and they are very excited because they can see what goes on to the neighbors in the south in Kuwait and they see what goes on in Saudi Arabia and Qatar that these people share in this and theres alot of wealth for them to share in

So they are anxious to have that value to purchase and when they get that purchasing power its going to be the fuel that drives his economy

When you talk about rates....thats what Shabibi has to figure out...he has to decide what that is going to be...to put enough juice in his economy and not overheat his economy and to give it the right steps so he doesnt create inflation or that he doesnt create inflation by giving it too little value but give it enough fuel so it maintains so as the economy grows more money inflation doesn't kill them

you out pace inflation so if inflation is 2-3% per year

You want your economy to grow by leaps and bounds 8 - 9%

Thats why we are fighting it here in america now

our economy is not growing fast as fast as things are inflating

we have less purchasing power today..you see that when you go buy gas...5-6.00 gallon but you haven't recd more money lately to help you with that increase...thats inflation - dont want to have that over there...you want to be keep adding value to that money so it keeps pace with inflation - that helps with the growth in the oil industry they have there so he's go a little easier job of it because he knows that he is growing - he's not in a downturn..being a mature economy like we have here its a little harder

because we have had the ups and downs..theres nothing to push that motor....hiring and getting people going is alot more difficult here

As we have said we believe CBI is ready...

Flash Forward to whats going on in Bagdhad

We discussed both Ford & General Motors wanting to open up and put 200 million investment each into Iraq

want people to buy more cars....they plan to invest in Iraq because it has become one of the most GROWING COUNTRIES

and to meet the increasing demand there is there for cars....car sales up 68% last year

They see it as a growing place - they want to open up this market and put dealerships there...that does nothing but good stuff for the banking system..they will buy cars...and put loans on the cars to buy them just like they do here..the dealerships will work the same way ...the cars and pricing for that over there

they will sell lots of cars that run on gasoline over there

so what we dont buy from electric they will buy over in these places

you can see that Ford and these type of companies dont go to places where they are going to lose money...they look for growth in the world..they open up in the world markets that are growing and this is one of the only places that is going to be growing in the next few years...people are GOING TO RUN HERE because it is the only one of the places that you can carve out other than some of these other smaller countries in Asia that you have that people will be running to

You are going to have basically 2 places in the world that will see grow over the next 3-5 yrs

THERE GOING TO BE THE FUEL TO THE WORLDS ECONOMY....

Iraq is one of those....they are running to put their money there..

This speaks volumes that these companies are going there and it speaks volumes FOR YOU AND THE DINAR YOU HOLD

IN YOUR HANDS...because they are going to have to increase the value of the dinar for people to afford to buy things like these

They would not go there if they thought people could not purchase their products....the dinar will buy them so much more

when this all said and done......VERY GOOD STUFF....

We talked about the Security and conjestion and the preparations for the upcoming Summit

They have imposed tight security measures at all checkpoints, on main roads, closed bridges, imposed bans on tour motorcycles and aerodynamic vehicles starting this Saturday for one week and curfews will be in place.

If you think that an RV has to be in place before the Summit or a government....Remember the most important thing is IF there is One Head of State Killed it will seal their fate more than anything else...The city is going to be locked down for the next 8 days

They are making sure they are doing what they need to do to keep everyone safe for this event

The city is in lockdown to make sure everyone is safe

Limiting the amount of people in the streets...from this point forward the city is pretty much in lockdown and security will get even tighter...news will probably be very little out of Iraq from the Summit...Hopefully they can work their magic....Let everyone know whats going on and how great it is to invest in their country

The summit is extremely huge for them

We talked about what is going on in the streets

you've got Sadr out there bringing people to kinda march

expressing themselves in a peaceful manner that they are NOT happy with whats going on with the politicians

You put that together with what we heard about Article 140 from the gentlemen from the Iraqiya party

Sadr is from that same party........You've got alot of pressure from the people

they are starting to use the people to put the pressure on Maliki

to say Hey we've got this great big thing coming up

we are putting the pressure on you to get this thing done....

Will he bend? I dont know...We will have to see

He would be smart to get things signed and to move forward and to get out of the way because the pressure is going to build very heavily and he could end up with a vote of no-confidence coming to him in a short period of time

We will have to see how that plays out

How does that affect us?....everything is positive

if he gets out of the way its positive

if he stays there he needs to wise up and do things....so there is really not a negative situation to him staying or going

other than the longer that he stays the longer this takes........is sorta the way it is going

We would like to see the government seated and all of these things getting ready to go..

and Shabibi would really like to see Article 140 because the OIL IS THE FUEL TO HIS ECONOMY

If they dont know how to sign, whose to sign, who is taking the money, how they are taking the money into the economy

Then everything he has based his calculations on can go up in smoke because you have oil companies who will start to sue....congestion and how that is going to go...people fighting on who gets what money inside the country..and you have chaos...

All the value you are trying to add and everything you are trying to do gets disgruntled and mumbled and you have regions fighting

against regions what the value of that is and how to do it

the reason they wanted to do the 140 is to make it very easy to calculate for the economy...Everything goes thru one place

You can use those numbers - they can see the barrells - when you start dividing off into 3-4 separate places you lose that bookkeeping

system - that one place can keep and sign all of the contracts and know what the dollar of that is..it gives them a very good idea - you can over to the Oil Ministry and say how are we doing today - how many barrells are we doing a day...

when you have 3 or 4 regions are turning up production and some are not producing as much then it gives you an inconsistent and you dont want that to happen and for them They are a member in Opec and they really need to get this down....because this would make them a very strong member in OPEC because they would really have a lot of power knowing how much is going out each and every day So there is alot ...Ascension to the WTO...IMF....all really relies on the tariffs and Oil is the heartblood of their economy so you can why the Iraiqya group pushes so hard to get these people to sign and get this moving because it benefits them but it also benefits the economy

as I used to say when I was in the business and I negotiated salaries for people you have your opportunity to negotiate when you came thru the door...5 yrs ago when the deal was struck..and you negotiated it and you said okay

you were fine with it....now you've got involved and start to understand how much money is here and whats going on and now you say well I didnt carve a big enough piece for me...well you know you blew it then...because if you didnt have all of that..you didnt negotiate good enough....you are stuck with the deal you struck until you renegotiate and most of those people that negotatied salaries with me and came in after the fact you negotiated from the power that you had...you got what you got from what you have

not what you brought to the table..what you are bringing to the table hasnt changed.....I can give you a smaller amount -----I can give you some concessions but I cant give you the same as someone else who has brought to the table more than you

Like 60% of the oil revenues are coming to the table from one party

they have more bargaining power there..so what happens in that case when I was negotiating salaries I usually said good bye to those people and hired someone else who had better qualifications

so thats the risk you run when you negotiate the deal up front

and you end up sitting there and having sour grapes after the fact

because you already have these sour grapes and now there is more on the table that I thought there was and you say well..too late..sorry you couldnt see that vision 5 yrs ago when you negotiated this deal

because you had your chance...there were people in the room...there were people dividing this up ..and saying okay

there were people from the oil industry that divided this up and said this is the most successful way to run this country

because this is going to increase the amount of revenues coming into your country..you should have listened to them when you did that...and they didn't and now this is what you have because you've got people changing their minds because they see the value that is there..

WHAT DOES THAT MEAN TO US....THERE IS ALOT OF VALUE TO HANG ONTO AS WE GO THRU THIS....you should have courage and faith in what you have because other countries and companies are rushing here to be a part of this

Whatever that is....whatever date it is....whatever value that is...it is going to be more valuable in the future than it is right now......

We read daily about everyone wanting to be a part of this and noone is backing away even with all the political things going on

Noone is saying I cant go to this country because the government is not getting their act together

All the major companies are wanting a piece of Iraq....When you look at the Business News its amazing the contracts we see being signed on a daily basis....housing projects, automobile dealers, etc.... oil exports rising..the ports they are doing....China wants to come in and drill..and the list goes on and on....everybody wants a piece of the pie from across the world because they know what is going on in Iraq....very simply THEY ARE FLOCKING TO THE NEW IRAQ!!!

There you have it.....The Straight Talk Express with Straight Talking Mike.....Another positive Night of News

The I.Q.D. Team, Ltd.'s News Coverage

for Thursday, March 22, 2012

ECONOMY

The Deputy Governor of the Central Bank: inflation will raise alkmerket tariffs and prices

(Citizen) reveal the intentions of raising the value of all Iraqi dinars to equal one dollar

=======================================================

GOVERNMENT

Deputy Governor of Central Bank: The customs tariff will raise the rates of inflation and commodity prices

General Motors and Ford are planning to enter the Iraqi market

Mr. Muqtada al-Sadr describes all politicians to "negligence" in the performance of duties towards the people

Strict security measures cause the congestion suffocating Baghdad

Minister of ages: the government decided to appeal the ministry's new law calls for the presidency not to ratify it

The executive branch constitutional application of Article 140

NEWS ARTICLES LINKS

What a great night of news, analysis and discussion and Q & A ...listen to the call for all the rest of the news shared....we are getting closer every day......

GET R DONE

[one2one]

+ 1 for your great sense of humor---the headline

[redchevrolet]

Always look forward to those great headlines! Plus 1

[precious1]

Thanks my fav Thug! (who da thunk one could have a fav THUG!)

[Elixirbaby]

Thanks Thug. Do we need to seperate you to?

[DENGOPHER]

An RI would be great but I'll be happy with what ever they come up with.