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Dispelling the Myths

Shylmysten

By Shylmysten,
in Dinar Rumors

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Shylmysten Newbie

Shylmysten

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First I'd like to say, this is my first passing of information to this group. This is from another Dinar forum, however, I would like everyone to PLEASE take stock of the FACTS in this article and how the puzzle is pieced together logically, unlike alot of the other Guru and Bozo postings we've seen here recently, this guy does not and has never claimed to be a Guru, but I've seen very few people spouting off information that sifted through all the facts, placed them into a timeline, and then as they pieced them together, the real story started to take shape and made perfect logical sense. I hope you all enjoy this...and please...this IS in the RUMORS section, but I think this guy is a Rubic's Cube Champion the way he pieces all of this together with FACTS. Towards the end he gives his own opinions and tosses out some dates based off of those facts, who knows whether the dates are correct, but regardless, I think he is dead on with the facts.....I think you will all enjoy this.

Secondly, the last piece of information I am going to post here is about the Redenomination or "restructuring" that was put out in an article today. I would like everyone to keep in mind that the Rothschilds own the Central Bank of Iraq, as they did the first TWO Central Banks in the U.S...Please take into careful consideration the denominations of the notes that were in circulation in the U.S. and what the Rothschilds did when they "removed the 000's" from circulation in the U.S. Some of those notes are still in circulation, as you will see here shortly, and they DO STILL HOLD FACE VALUE if you walked into a bank with them today, however, collectors will pay far more than face value for these notes and that's why you will NEVER see that happen.

Here is what is going on with Iraq and why we haven’t had an RV yet. Let me first say, the RV is a for-real deal ?

all of these delays we have seen are explanatory and backed by media research; they are not made up excuses to why

time frames come and go.

We are not making excuses for an RV not occurring during a specific time frame, but considering the magnitude of

such an event, it is in everyone’s best interest (ours and Iraq’s) that everything runs smoothly. Keep in mind,

many of these investors have been waiting SEVEN YEARS for this time period. I myself have waited two years, and I

can tell you, NOW is the time to get excited. We are approaching the end.

Shabibi (the CBI director, the man in charge of the RV) has stated in more than 70 articles since last February

that it is his intent to remove the 3 0′s currency from circulation “directly” upon the formation of the

government. The reason why the government must be in place is one, for security after an RV; two, to authorize the

release of the smaller denominations after an RV; and third, to be able to pass any necessary legislature that

arises from an RV (amended budget laws, the cancellation of government subsidies for food, the release of finances

for private sector development after Iraq transfers to a market economy, i.e., ‘free trade of the dinar’).

The UN has removed ALL SANCTIONS pertaining to the dinar. The IMF has DEMANDED that Iraq switch from a

contractionary monetary policy to an expansionary monetary policy for development of the private sector (an

expansionary monetary policy is also called a market economy, allowing free trade of international goods and

services, requiring an internationally recognized LOCAL currency ? not the USD, but the IQD ? this is in Article

VIII of the IMF’s statutes).

In order to remove the three zero bills, there MUST be a declared international value to the dinar (for us, that is

an RV ? who knows what that declared value will be, but it will definitely be higher than 1170:$ 1; I personally

feel it will be between $ 2-$ 2.50, from my own research, but of course, it could be as low as 1:1).

On December 21, 2010, after nine months of stalemate, Iraq’s parliament was finally able to approve Maliki as the

Prime Minister and accept 28 out of 42 of his cabinet members. The other 14 were assigned by proxy to be filled in

as worthwhile candidates were put forth. Technically, Iraq constitutionally can allow this; however, their

constitution states that a government is only formed when “parliament ratifies the prime minister and his cabinet.”

This is why the RV has not occurred yet, because the cabinet is not officially formed.

Now, since Dec. 21, Iraq has moved with lightning speed and has confirmed all but 3 cabinet members. So Maliki has

39 out of 42 finalized. The remaining three are Security, Interior and Energy ? three biggies. Keep in mind, Iraq

must have security in place in order to RV; the Interior is huge because it deals with the land of Iraq and the

development of it; and of course, Energy is important because a large portion of the finances will go to updating

Iraq’s TERRIBLE energy constraints (currently most Iraqi’s only have electricity 5 hours per day).

The reason why these three are so difficult to post is that there are very few qualified Iraqi’s to fill these

positions. The ones that have been nominated so far were found to be fraudulent (they paid for their degrees and

didn’t attend college).

Further, the new Minister of Finance, upon looking at the budget and conferring with the Kurds, realized the budget

had serious issues in it that have been overlooked in the past, so he asked for an additional week to fix these

problems before presenting the budget to be passed by parliament.

Lastly, Allawi’s new Security Council has had to be ratified by parliament as well (this is the new check/balance

equation that was placed on Maliki as a condition of his retaining the prime minister office.)

According to the constitution, Iraq’s last parliamentary session was required to close down for the end of the year ? it’s funny because they were only is session 10 days (December 21-31) since they wasted NINE MONTHS in declaring

Maliki’s PM status.

They were going to take a two week break, but the President of Parliament (is it Talabani, or the other guy ? I get the two confused) said no way, we’re going to continue working in “closed parliament” sessions and declare the new

year’s opening session to begin January 9, 2011.

They did this so that Maliki, Allawi, the Minister of Finance and parliament could continue working on the above

three issues, so that when they meet in “open session” they can get this stuff done ASAP.

Since the New Year, we have seen several articles: one stating that it appears Allawi is ready to have his council

ratified by parliament on January 9; two, that at least two of the three missing cabinets members have been

nominated and go to vote on January 9 (the newest article says they may have found all three, but we’re not 100%

sure); third, that the budget is ready to go to parliament on January 10 for its first of three readings.

So, God willing, the 9th and 10th should be very busy days for all of us. If Allawi’s council is set, if the three ministers are approved, if the budget goes to parliament, we could potentially see an immediate RV between the 10th

and the 17th.

Most likely, according to the history of when Iraq RV’d in the past, they mainly did it on Sundays and Mondays.

Occasionally they did it on Thursday and Tuesday, NEVER on a Friday or Wednesday. So we favor each Sunday and

Monday as the most probable time to see an RV.

Can monkey wrenches be thrown in this? Absolutely. They might not approve all three ministers. Allawi’s council may

hit snags. Technically, the budget must be read by parliament three times (January 10, 11, 12) before being voted

on and becoming law. They are not required by law to read it three days in a row, so it could be dragged out.

But the point is, FINALLY, Iraq IS working on this, they are getting this done and moving much faster than we’ve

seen in five years. An article was released today saying that everyday they postpone the budget, they run the risk

of upsetting the foreign investors (that’s you and I!) Well, no duh!

Iraq is aware of the RV and they are working towards its completion. They know we are waiting for it just as they

are.

I have never been MORE CONVINCED that this RV is going to occur and occur in the immediate future ? NOT months

away; weeks ? even days away, provided these three steps are solidified in an announced government.

Yes, Shabibi said he intended to RV before year’s end. Except he has no more control over political junk than you

or me. He, too, must wait for his country to get their government set and operational, fully, before releasing an

RV of this magnitude. He has reiterated time and again, “directly following” the formation of the government will

see the process of the RV begin.

So, do I know this is going to happen? Yes. I have studied this for two years now ? an RV will occur in Iraq.

What’s the rate? Who knows, and at this point, who cares? When will it happen? I believe very soon, as soon as

within the next 7-14 days, provided Iraq finally solidifies a government that has been in limbo since Christmas

2009.

Hang in there ? they are working, they will do this, and it’s quite possibly a lot sooner than you and I think.

Information on Large Denominations and The Redenomination in the U.S. as carred out by the Rothschild and OUR Central Bank

Please before you go here, I want you to remember that the ROTHSCHILDS own the Central Bank of Iraq as they did the first TWO Central banks in the US - PLEASE take notice of the of the large denomintions that were once in circulation in the U.S. and the NUMBER of these notes that are still presently in circulation - not many, but they STILL HOLD FACE VALUE

http://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency

I hope this makes someones day, because it sure did mine...

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BadCobra Newbie

BadCobra

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:twothumbs:

Super post, I saw this somewhere else (possibly posted in Chat?) and it was good then; like wine it gets better with time (each read).

Key to me on this ;post is that it has a factual basis and then some speculation based on analysis of the facts above without coming across as defiantly correct, but rather speculatively guessing and confident, with room for error that I can assign, and then judge for myself. There's a difference, no?

This is the type of analysis and piecing together of the facts most of us are hungry for in this forum. Some of us enjoy digging in the weeds to make sense of this, others are trying to rely on those who are digging for the facts (doing the real work), so to speak (whether rightly or wrongly, I make no value judgment on it--heck I am counting on some VERY good people on this forum to feed me information!!!; oh and ignoring others with indignation). We don't want or need hype and double-talk that for me is reminiscent of high school "clicks" speaking in code around cast-outs like they knew something really cool but just couldn't give up the goods to the dweebs... I don't know, maybe their information is valid (i.e., they really did hear what they are relaying, so don't shoot the messenger), but I don't read their stuff anymore unless I am finished with all other posts and need to kill some time. I just keep clicking away for stuff like what is above and this is what I find valuable. Don't you?

Anyway,...

Thanks!

Cheers!

:tiphat:

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Shylmysten Newbie

Shylmysten

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:twothumbs:

Super post, I saw this somewhere else (possibly posted in Chat?) and it was good then; like wine it gets better with time (each read).

Key to me on this ;post is that it has a factual basis and then some speculation based on analysis of the facts above without coming across as defiantly correct, but rather speculatively guessing and confident, with room for error that I can assign, and then judge for myself. There's a difference, no?

This is the type of analysis and piecing together of the facts most of us are hungry for in this forum. Some of us enjoy digging in the weeds to make sense of this, others are trying to rely on those who are digging for the facts (doing the real work), so to speak (whether rightly or wrongly, I make no value judgment on it--heck I am counting on some VERY good people on this forum to feed me information!!!; oh and ignoring others with indignation). We don't want or need hype and double-talk that for me is reminiscent of high school "clicks" speaking in code around cast-outs like they knew something really cool but just couldn't give up the goods to the dweebs... I don't know, maybe their information is valid (i.e., they really did hear what they are relaying, so don't shoot the messenger), but I don't read their stuff anymore unless I am finished with all other posts and need to kill some time. I just keep clicking away for stuff like what is above and this is what I find valuable. Don't you?

Anyway,...

Thanks!

Cheers!

:tiphat:

I couldn't have said it better myself!! Outstanding critic of this piece and the forum!!

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