8ball Post on Breitlings Blog

[Joeshmoe]

I just read a post on Breitlings blog that he posted from 8ball. Some exciting info, but I was curious to know I anyone knew much about him and/or if what he is saying is true. Sorry I can't post a link, I am writing this from my smart phone, unfortuntely it isn't smart enough to be able to copy links and insert into this blog. I will be home in an hour and will try to update then if no one else has posted it by then.

[zaborniake]

8Ball Chat 7/29/2011

ul 29 5:43 PM [8ball] Iraqi Navy and Kuwaiti implemented first-ever joint military --- Friday, July 29, 2011

Jul 29 5:43 PM [KingWm] 8ball to your knowledge, was chapter 7 lifted yesterday like the rumors say?

Jul 29 5:45 PM [8ball] Well if the Iraqi Navy is excercising with the Kuwaiti Navy

Jul 29 5:45 PM [8ball] I believe it is

Jul 29 5:46 PM [KingWm] hmmm...well, there was an okie rumor stating they had seen the minutes of the meeting and that it had been discussed and voted on yesterday

Jul 29 5:46 PM [8ball] Interior is about to sign an agreement with the U.S. Department of Justice to train Iraqi forces | شارك | Share بتوقيت: 29/07/2011 18:45 GMT: ---

Jul 29 5:48 PM [8ball] Maliki in parliament session Saturday to discuss the government program | شارك | Share 29/07/2011 18:12 ---

Jul 29 5:51 PM [8ball] In the development of a rare, shipments of Iraqi oil from Basra heading to Europe | شارك | Share Oil tanker to a port of Basra بتوقيت: ---

Jul 29 5:55 PM [ericsmillions] sorry, seen the minutes on what KingWm????????

Jul 29 5:56 PM [KingWm] that UN meeting yesterday...that is what the rumor said

Jul 29 5:56 PM [8ball] $1Billion in Iraqi Reparations Released to Kuwait VOA - [7/29/2011] ---

Jul 29 5:56 PM [ericsmillions] oh ok...........thanks

Jul 29 5:57 PM [smurf] 2.2 mil in oil to china and now to europ is iraq paying debt

Jul 29 5:58 PM [smurf] barrels

Jul 29 6:02 PM [8ball] Central Bank Governor Sinan al-Shabibi said he was in talks with the prime minister, Noor al-Maliki, on how to go ahead with the bid to issue dinars with lower denomination and higher appreciation. --- Shabibi said Iraqis were now relying a lot on the U.S. dollar, particularly in settling cash transactions that required a lot of money. ---

Jul 29 6:03 PM [AMG55] Just FYI, I called my Rep and two Senators this morning.... Left messages to "get this debt thing done."

Jul 29 6:03 PM [AMG55] Well, 8ball that sounds like great news!

Jul 29 6:03 PM [KingWm] 8ball sounds good...SHOW ME THE MONEY!!!!!!!!!!!!!!!!

Jul 29 6:03 PM [AMG55] Maybe our money is over there!!!!

Jul 29 6:03 PM [8ball] Awesome ...did you tell him to peg the value of gold and silver

Jul 29 6:04 PM [AMG55] No... But, I can call again!

Jul 29 6:04 PM [AMG55] I sure they will get to know me "soon"

Jul 29 6:04 PM [8ball] thats probably what they are doing

Jul 29 6:05 PM [AMG55] I don't have a very high regard for my Representative... I have lived here 20 years and he and I have only agreed on one issue the whole time....

Jul 29 6:06 PM [8ball] Shabibi --- The new arrangement, once carried out, will make transactions simpler and easier, the Central Bank governor said.

Jul 29 6:06 PM [8ball] I like simplier and easier.....

Jul 29 6:06 PM [kelsguy1113] my transactions will be easier as well!!

Jul 29 6:07 PM [8ball] same here

Jul 29 6:07 PM [8ball]

Jul 29 6:08 PM [8ball] Shabibi --- Calculating and paying with the current currency makes trade deals rather “awkward and difficult” for a small country like Iraq, Shabibi said.

Jul 29 6:10 PM [8ball] He added that "the draft coins in 2004 was not successful because it has not been as comprehensive reforms to support the financial value of the Iraqi dinar in the global market."

Topic: Question with Boldness - Hold to the Truth - Speak without Fear - Be Respectful and Considerate of All

6:11 PM [kelsguy1113] This is all pretty revealing...

6:11 PM [8ball] The Central Bank of Iraq decided to restructure the local currency in order to develop the payment system in the country last June 22nd.

6:11 PM [8ball] that was jine 22nd 2011

6:11 PM [kelsguy1113] Shabs has been getting more and more bold with his statements

6:11 PM [8ball] june

6:12 PM [kelsguy1113] Do you think he has been trying to force the deal?

6:12 PM [8ball] yes

6:12 PM [kelsguy1113] well, hopefully hos meetings with M wil bring this to a swift end

6:12 PM [8ball] He expressed the IMF last August to support the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq.

6:13 PM [8ball] what he said id that the IMF will support the Iraqi economy in August

6:13 PM [8ball] is

6:15 PM [kelsguy1113] so we are looking at September then?

6:15 PM [8ball] Hard to tell.....

6:16 PM [8ball] If they don't getr done this weekend they will most likely slip through Ramadam

6:16 PM [8ball] Which would probably be what the US would want

6:17 PM [AMG55] Just curious, 8ball, why would the US want this later rather than sooner?

6:17 PM [kelsguy1113] good ??

6:17 PM [8ball] closing the door on possible taxes

6:18 PM [8ball] where the more time we have with the money we can defer taxes

6:19 PM [AMG55] You mean new legislation to increase our taxes as investors or do you mean past the window of the debt ceiling?

6:19 PM [8ball] US would like to see the whole piece of pie

6:19 PM [8ball] no debt ceiling is another issue

6:19 PM [8ball] timing of the RV

6:19 PM [8ball] and how much tax they will pull in

6:21 PM [AMG55] OK, sorry, still not exactly on same page... Won't that depend on whether we as investors are in "short term" or "long term" status? Wouldn't the sooner the RV the better for them?

6:21 PM [8ball] thats another issue in how it is taxed

6:21 PM [8ball] just winding down 2011

6:21 PM [8ball] removing aby way if defering taxes

6:22 PM [8ball] any

6:22 PM [AMG55] Personally I am mostly all long term now unless they change how this is taxed... For instance... and again -- just me -- the longer they wait, the more I have that will be "long term"???

6:22 PM [AMG55] Oh, you mean changing the "loopholes" for deferring?

6:22 PM [AMG55] I think I got it...

6:23 PM [8ball] not chnaging just running your time out

6:25 PM [AMG55] Well, I don't think I have "deferred" much! Ha... So, if that is their "calculus" -- surprise, surprise.... Trying to think how one would have "deferred" unless they had capital gain in real estate or a trust or 401K? Guess I still don't get the dinar connection, sorry...

6:26 PM [8ball] well if you cashed in tommorow you would have until Oct 31st to declare your tax right off's or defering taxes

6:26 PM [8ball] that time is running out

6:27 PM [8ball] abd they would want you as close to that date as possible

6:27 PM [sFCDiaz] House passes Boehner’s debt ceiling plan

6:28 PM [AMG55] Ok, I guess if you are paying quartlerly... got it now...

6:32 PM [8ball] the point is that they would want to see as much tax as they could get

6:32 PM [8ball] out of the RV

6:32 PM [8ball] and they would want you as late in 2011 as possible

6:32 PM [8ball] Iraq though will have a say

6:32 PM [8ball] and it looks like August

6:33 PM [AMG55] We all hope you are correct 8ball!

6:33 PM [8ball] well its the articles which the Iraqi's are saying tha tthey will get IMF support in August

6:34 PM [AMG55] Are/were these articles before or after Kahn's removal?

6:35 PM [AMG55] Or do you remember... don't mean to put you on the spot... Sorry.

6:36 PM [8ball] they were after

6:37 PM [AMG55] Ok, thanks...

6:37 PM [8ball] Khan must of did something or said something to the wrong people

6:34 PM [AMG55] Are/were these articles before or after Kahn's removal?

6:35 PM [AMG55] Or do you remember... don't mean to put you on the spot... Sorry.

6:36 PM [8ball] they were after

6:37 PM [AMG55] Ok, thanks...

6:37 PM [8ball] Khan must of did something or said something to the wrong people

6:39 PM [kelsguy1113] Isn't the RV a requirement for the IMF support?

6:39 PM [Clay] 8ball August is good

6:40 PM [8ball] kelsguy1113 --- yes

6:40 PM [kelsguy1113] or atleast the requirements that would force andRV

6:40 PM [Clay] is o about this in YO or not

6:40 PM [8ball] Banks are all connected

6:40 PM [Clay] 8ball

6:40 PM [8ball] electronically

6:40 PM [8ball] that held things up 6:41 PM [8ball] until end of June

Edited July 30, 2011 by zaborniake

[Jmcc]

Thanks for the run down ZAB. Not sure what to make of this if even some of it is true.

[goldengoose]

'Z',

Good afternoon!

Thanks for bringing the interesting and informative chat.........!

GG

+1 bump for you....!!!

[Joeshmoe]

Hey "z"...there is also an earlier chat that I think is also very informative.

[Joeshmoe]

Ok here is the earlier chat....this one is actually has more interesting points:

8Ball Chat 7/30/2011

7:43 AM [8ball] 30/07/2011 11:52:00 --- Parliament starts session with agenda including hosting al-Maliki .

7:49 AM [8ball] Prime Minister Nuri al-Maliki reaches parliament to discuss the government program and Limbering Ministerial --- viewtopic.php?f=14&t=34710&p=43966#p43966

7:49 AM [AMG55] Does seem that they will have to RV at some point, but seems they want to hold off as long as they can....

7:50 AM [shm925] 8ball, do you think we are gonna see the RV this w/e?

7:51 AM [8ball] Start of the parliamentary session and the agenda includes hosting al-Maliki and read the bill parties --- viewtopic.php?f=14&t=34711&p=43968#p43968

7:53 AM [8ball] shm925 --- hope so

7:53 AM [8ball] If Maliki can get things done

7:53 AM [shm925] what do you think the chances of that are?

7:53 AM [8ball] the meeting tonight with all the blocks is important

7:53 AM [shm925] i have hope

7:53 AM [8ball] same here

7:54 AM [shm925] he might actually be able to do it, but WILL he is the literal million $$$ question

7:54 AM [8ball] all I can say is that they know what to do its will they do it

9:14 AM [bwilson52] Iraq confirms receipt of reassuring messages from al-Maliki to apply the terms of agreement of Arbil in the coming period viewtopic.php?f=14&t=34713

9:17 AM [dsny2020] that meeting is tonight in iraq right?

9:17 AM [dsny2020] so we should see it after that meeting

9:18 AM [dsny2020] i hope i hope

9:18 AM [bwilson52] :53 AM [8ball] the meeting tonight with all the blocks is important

9:18 AM [dsny2020] yeah

9:18 AM [dsny2020] looks like it is very important for us

9:18 AM [bwilson52] tonight in Baghdad is about noon or so here, right?

9:18 AM [dsny2020] thats what i would guess

9:19 AM [8ball] Iraqi reveal the postponement of the meeting of leaders of political blocs to further notice due to the death of the mother of President of Kurdistan Region 30 July, 2011 12:21:00 --- viewtopic.php?f=14&t=34714&p=43974#p43974

9:19 AM [topkick] Yup 8 hours ahead

9:19 AM [8ball] I think the funeral is going to delay things

9:19 AM [8ball] by a few days

9:19 AM [8ball] Talibani and Barzani are there

9:20 AM [dsny2020] wow,seems there is always something coming up to delay things

9:21 AM [dsny2020] thanks for the update 8ball

9:26 AM [dsny2020] 8ball you thinking the meeting will be mon. or tue now?

9:29 AM [8ball] could be Sunday

9:29 AM [8ball] BUT

9:29 AM [dsny2020] that would be great

9:29 AM [8ball] normally there is 3 days for funerals

9:29 AM [dsny2020] there's allways a but

9:29 AM [dsny2020] yeah thats what i was thinking too

9:29 AM [8ball] but this is not a state funeral observance

9:30 AM [8ball] they may give Barzani as much time as he needs

9:30 AM [8ball] to get his afairs in order

9:30 AM [dsny2020] which would be the right thing to do

9:30 AM [8ball] I think it will be up to a few days

9:30 AM [8ball] only

9:31 AM [8ball] So Monday ...Sunday ...Tiesday

9:31 AM [dsny2020] thats why i was thinking mon.or tue

9:31 AM [8ball] yes

9:31 AM [dsny2020] i have waited this long whats a few more days

9:32 AM [8ball] thats right

9:32 AM [8ball] we are at the mercy of the Iraqi's

9:32 AM [dsny2020] what is your thoughts on the 8 dollar range

9:32 AM [8ball] I need to see the math

9:33 AM [dsny2020] yeah

9:33 AM [8ball] right now I can calculate 3 to 15 cents

9:33 AM [8ball] and I'm ok with that

9:33 AM [dsny2020] i'm still thinking we could see the 3-3.50

9:33 AM [8ball] more will be icing

9:34 AM [dsny2020] anything we get will be a great investment

9:34 AM [8ball] dsny2020 --- I'm good with taht too..... I need the math to say.... YES

9:35 AM [8ball] In my life I realized a very valuable lesson...... people can say anything....... only the math tells the truth....

9:35 AM [dsny2020] true

9:36 AM [dsny2020] hopefully we will know what it is very soon

9:38 AM [8ball] yes I'm going by the 2003-4 IMF report

9:39 AM [8ball] saying that Iraq could handle a 3 cent RV with 15T M2

9:39 AM [8ball] allot has changed

9:39 AM [8ball] so you can inflate the price a bit

9:40 AM [dsny2020] well 15 cents would get me out of debt

9:40 AM [8ball] dsny2020 --- 15 cents would be such a gift

9:40 AM [8ball] and then go up from there

9:40 AM [dsny2020] thats is the reason i got on this ride

9:40 AM [8ball] as the oil pumps from the ground

9:41 AM [dsny2020] do you think it would go up quickly

9:41 AM [8ball] depends

9:41 AM [8ball] Iraq has allot of infasturer issues

9:41 AM [8ball] so it could take a few years

9:41 AM [dsny2020] yes they do

9:41 AM [8ball] it could take 6 nibths

9:41 AM [dsny2020] would you hold on to any

9:42 AM [8ball] all about what the needs of the Iraqi's are

9:42 AM [8ball] not sure

9:42 AM [8ball] just have to evaluate my position when I see the rV

9:42 AM [dsny2020] yeah

9:43 AM [8ball] it should have moved in value when they recieved the DFI

9:43 AM [dsny2020] thats what i was thinking too

9:43 AM [8ball] nd the June 22nd article where Maliki and Shabibi met is probably pivotal

9:43 AM [dsny2020] do you think they are doing a good job hideing it from us

9:44 AM [8ball] so if we put 30 to 45 days out from June 22nd

9:44 AM [8ball] we are here

9:44 AM [bwilson52] 8ball   you leaving out the icing......... I like the icing

9:44 AM [8ball] Which would normally be enough time to activate ..... things

9:45 AM [8ball] bwilson52 --- thick icing

9:45 AM [8ball]

9:45 AM [bwilson52] that's right

9:45 AM [shedco] it is interesting that you thing 15 cents or less. that is the first i have heard of that

9:45 AM [8ball] I'm not saying that is what the RV is

9:46 AM [bwilson52] that's the value...........not the rate

9:46 AM [shedco] ok i see

9:46 AM [8ball] I'm saying that that was the last time it was valued

9:46 AM [8ball] so you can do the math

9:46 AM [8ball] from there

9:47 AM [dsny2020] at that time they had to cover it at 100% right.now they only have to cover it at 15%

9:47 AM [bwilson52] shedco the difference between the value and rate is what we are referring to as icing..........thick, thick icing

9:47 AM [shedco] got ya

9:47 AM [8ball] when someone says $8 usd to 1 IQD ask for the math

9:48 AM [8ball] When someone says $3 usd to IQD ask for the math

9:48 AM [8ball] see if he is wishing

9:48 AM [8ball] or knows

9:48 AM [8ball] then we will get some where 

9:48 AM [bwilson52] I'm off to work.......ya'll have fun

9:49 AM [8ball] ok cya

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Here is the link if you want to review yourself:

http://breitlingcurrency.blogspot.com/2011/07/8ball-chat-7302011.html

[kobuk1]

"Tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick,....oh, please, let it happen, let it loose." The dinar investors desires go insatiated, their reins are tightening, the wagon is going wild. Their emotions dormant or streaming, this is out of their control. Some say write your senator, some say pray, some say just sit tight and let it come to you. Our politicians lose nothing, the people who voted for them will vote them in again, or will they lose the masses confidence? We shall wait and see." As The Dinar Turns

[DRV1804]

" that's the value...........not the rate"

Umm..what the hell doe this mean?? whats the difference between the value and the rate??

[rjboots1]

8ball is reportedly a genius that doesn't blow any smoke. We don't hear from him often, but he is a serious researcher that keeps up with enormous detail of what's going on with the GOI. Scooter brags about him. Breitling does the same. I'd say he's for real.

[PartyTime]

3 - 5 cents doesn't make sense. How are they going to function with the lower denomination notes with that? They would have to use $20 notes to buy a can of coke. They would still need to carry around stacks of cash to buy things with. And what IMF plan is he talking about that sais this? I thought the last IMF report was showing in the ,86 - $1.17 range?

[cheerful1]

9:45 AM [shedco] it is interesting that you thing 15 cents or less. that is the first i have heard of that

9:45 AM [8ball] I'm not saying that is what the RV is

9:46 AM [bwilson52] that's the value...........not the rate

9:46 AM [shedco] ok i see

9:46 AM [8ball] I'm saying that that was the last time it was valued

9:46 AM [8ball] so you can do the math

9:46 AM [8ball] from there

9:47 AM [dsny2020] at that time they had to cover it at 100% right.now they only have to cover it at 15%

9:47 AM [bwilson52] shedco the difference between the value and rate is what we are referring to as icing..

I am of the opinion that they are making reference to the asset base that is supposed to "cover" the value that is placed on the dinar. For some reason dsny2020 believes that they only have to "cover" 15% of the value that is placed on the dinar.

If it came out at $1.00 USD and that "value" only had to be covered by 15%, then the assets that covered the .15 before, would now cover this entire $1.00 valuation.

Always trying to be the

Cheerful1

[Joeshmoe]

9:45 AM [shedco] it is interesting that you thing 15 cents or less. that is the first i have heard of that

9:45 AM [8ball] I'm not saying that is what the RV is

9:46 AM [bwilson52] that's the value...........not the rate

9:46 AM [shedco] ok i see

9:46 AM [8ball] I'm saying that that was the last time it was valued

9:46 AM [8ball] so you can do the math

9:46 AM [8ball] from there

9:47 AM [dsny2020] at that time they had to cover it at 100% right.now they only have to cover it at 15%

9:47 AM [bwilson52] shedco the difference between the value and rate is what we are referring to as icing..

I am of the opinion that they are making reference to the asset base that is supposed to "cover" the value that is placed on the dinar. For some reason dsny2020 believes that they only have to "cover" 15% of the value that is placed on the dinar.

If it came out at $1.00 USD and that "value" only had to be covered by 15%, then the assets that covered the .15 before, would now cover this entire $1.00 valuation.

Always trying to be the

Cheerful1

That is how I read it too. Good insight cheerful....you make me....well....cheerful!

[ArmyDog133rd]

$1.00 is good, but $3.22 is BETTER!

[Carrello]

8ball is reportedly a genius that doesn't blow any smoke. We don't hear from him often, but he is a serious researcher that keeps up with enormous detail of what's going on with the GOI. Scooter brags about him. Breitling does the same. I'd say he's for real.

I like to verify info for myself, but coming from these three, I'm good.

[cashman54]

considering that IQD use to be over $3 per dinar, I am not buying 8ball, sounds like another sucker

[tommyboy]

Really? 15 cents or less? Couldn't somebody like Soros go in there and BUY all the currency?

[sammyque]

I am most fortunate to be a member of the website that 8ball is on. He has for the past 4 years been one of the most prolific researchers I have seen, and has always had a good analysis of what may currently be happening. I have learned through experience and listening to other "gurus", to place my trust into whatever 8ball says. And allow me to clarify, I do not want to imply that 8ball is a "guru" as we define them, but rather convey to all that for whatever it is worth, 8ball is certainly one you can place faith and judgment in.

[DinarBam]

Really? 15 cents or less? Couldn't somebody like Soros go in there and BUY all the currency?

Of course, like any traded currency, any investor could buy as much as they can afford if speculating on an increase in value. There are other currencies that are cheap to buy compared with the USD as well. That doesn't mean someone is going to buy it all just because it's cheap. If you really think the Dinar is going to be worth $3-4 or more, why not sell everything you have and buy more? Because it probably won't and at the very least is a highly risky investment. That's true whether your an average Joe, or a billionaire. Just remember that all the hype surrounding the Dinar is just that. We hope it increases in value like any other investment but most of the rediculous speculation offered up about the Dinar is just silly. Conspiracy theories, secret goverment plans, unsustainable monetary policies. I believe that when the IQD is finally redenominated and the value adjusted, we will make money - and by percentage it could be OK. That should be exciting enough. At that point, hindsight will make all of the "intel" and wild statements over the last few years seem so outrageous you will ask yourself how anyone ever believed any of it in the first place.

[Joeshmoe]

I am most fortunate to be a member of the website that 8ball is on. He has for the past 4 years been one of the most prolific researchers I have seen, and has always had a good analysis of what may currently be happening. I have learned through experience and listening to other "gurus", to place my trust into whatever 8ball says. And allow me to clarify, I do not want to imply that 8ball is a "guru" as we define them, but rather convey to all that for whatever it is worth, 8ball is certainly one you can place faith and judgment in.

What website is that? I would like to visit.

[BJinMontreal]

8Ball Chat 7/29/2011

...

Jul 29 5:43 PM [KingWm] 8ball to your knowledge, was chapter 7 lifted yesterday like the rumors say?

Jul 29 5:45 PM [8ball] Well if the Iraqi Navy is excercising with the Kuwaiti Navy

Jul 29 5:45 PM [8ball] I believe it is

Jul 29 5:46 PM [KingWm] hmmm...well, there was an okie rumor stating they had seen the minutes of the meeting and that it had been discussed and voted on yesterday

...

The UN meeting of the 28th had NOTHING to do with lifting Chapter 7 ... it's on the UN website and was a 15-0 vote to extend UNAMI

http://daccess-dds-ny.un.org/doc/UNDOC/GEN/N11/435/50/PDF/N1143550.pdf?OpenElement

...

Welcoming the important progress Iraq has made towards regaining the international standing it held prior to the adoption of resolution 661 (1990), calling

on the Government of Iraq to continue ongoing cooperation with the Government of Kuwait to address outstanding issues and to meet its outstanding obligations under

the relevant Chapter VII Security Council resolutions pertaining to the situation between Iraq and Kuwait and underscoring the importance of ratification of the

Additional Protocol to its Comprehensive Safeguard Agreement, Expressing deep gratitude to all the United Nations staff in Iraq for their courageous and tireless efforts,

1. Decides to extend the mandate of the United Nations Assistance Mission for Iraq (UNAMI) for a period of twelve months;

2. Decides further that the Special Representative of the Secretary-General and UNAMI, at the request of the Government of Iraq, and taking into account the letter of from the Minister of Foreign Affairs of Iraq to the Secretary-General shall continue to pursue their mandate as stipulated in

resolution 1936 (2010);

S/2011/465

11-43550 3

(S/2011/464, annex),

3. Recognizes that security of United Nations personnel is essential for UNAMI to carry out its work for the benefit of the people of Iraq and calls upon the Government of Iraq and other Member States to continue to provide security and logistical support to the United Nations presence in Iraq;

4. Welcomes the contributions of Member States in providing UNAMI with the financial, logistical, and security resources and support that it needs to fulfil its mission and calls upon Member States to continue to provide UNAMI with sufficient resources and support;

5. Expresses its intention to review the mandate of UNAMI in twelve months or sooner, if requested by the Government of Iraq;

6. Requests the Secretary-General to report to the Council every four months on the progress made towards the fulfilment of all UNAMI’s responsibilities; and

7. Decides to remain seized of the matter.

Edited August 2, 2011 by BJinMontreal