Popular Post Hamels Posted December 28, 2011 Popular Post Report Share Posted December 28, 2011 (edited) BondLady's Afternoon Chat 12/27/2011 Today at 7:56 pm [Mr Rockett......Thank You!!!] Say BL, what do you make of the large auctions as of late? [bondLady] 1 sec sybil plz an ill sure tell ya [bondLady] its a bigggie tho [bondLady] well i talked about this earlier [bondLady] if ev 1 will sit on there hands a min [bondLady] im gonna throw out for u all a theory of mine [bondLady] and we did talk about it earlier in here an i did have help with the numbers [bondLady] ok follow me on this ok [bondLady] ok [bondLady] for over a month now [bondLady] iraqs been talkin bout troop withdrawl [bondLady] and how it was gonna cause inflation [bondLady] usa wouldnt be spending in the markets [bondLady] unemployment [bondLady] cause so many worked at the embassy [bondLady] the iraqis [bondLady] and how shabibi came out and said like 6 weeks ago [bondLady] if inflation got out of hand in the double digets [bondLady] that he would act QUICKLY and control it [bondLady] ok where was i [bondLady] shabibi says [bondLady] he had the means to do this an he would not hesitate [bondLady] so then in the last month [bondLady] we see a lot of articles [bondLady] sayin how the usd was raising in value [bondLady] an the dinar was devalueing [bondLady] due to troop withdrawl an unemployment an inflation [bondLady] so then the cbi just kept on putting articles out almost daily or every other day [bondLady] about the iqd devalueing [bondLady] even to the point it said it was down to 1200 and something [bondLady] and that the cbi was working on this to stop the loss an get back the gains of the iqd [bondLady] even tho we saw every day that the cbi showed 1170 [bondLady] he still said it was 1200 something [bondLady] now [bondLady] we knew in order to rv [bondLady] they had to dry up the biggest part of the 000 that was in iraq [bondLady] what we as investors hold sure it counts but what the iraqis hold is what trully matters [bondLady] now like 6 months ago [bondLady] when the cbi kept on showing articles [bondLady] about how much they had still out in circulation [bondLady] i had figured it to be a lil over 6 trillon dinar back then [bondLady] and shabibi had said also in articles [bondLady] how it needed to be brot back down into the billons to bring on a rv basically [bondLady] so we had thot back then wow if they still got that many trillons still out in circulation [bondLady] it would take a long time [bondLady] cause the cbi been pullin the 000 notes back into the cbi with every auction [bondLady] in these auctions u see them buying us dollars not selling dinars [bondLady] they are useing the dinar to buy usd [bondLady] so by doin this dryin up the supply [bondLady] so we come back up to date now [bondLady] to say 3 an 4 weeks ago [bondLady] the cbi kept talkin about inflation [bondLady] an kept talkin about the economy [bondLady] and all the while thru this troop withdrawl [bondLady] kept sayin how the troops when they left [bondLady] would cause the dinar to go up in value [bondLady] it would support the economy [bondLady] but then he says in the last 2 to 3 weeks [bondLady] the dinar is devalueing? [bondLady] well how can this be shabibi [bondLady] u said troops leavein would strengthen the dinar and make it grow in value? [bondLady] but instead shabibi is sayin it was devalueing [bondLady] and he was workin franticly to restore its rate to what it was [bondLady] so he says [bondLady] here we go to the tricky part [bondLady] he says in order to control the inflation [bondLady] caused by troop withdrawl and the spike in the dollar rate [bondLady] was cause because the troops had taken there usd out when they came home [bondLady] causein the dinar to devalue [bondLady] so he says [bondLady] im gonna flood the iraqi streets with the dollar [bondLady] to keep it from devalueing any more [bondLady] and he did [bondLady] so this brings us to the work i had our team do today [bondLady] i had them go back the last 10 auctions [bondLady] and get the amounts [bondLady] i kept thinkin about all the things shabs had said over the last 6 months [bondLady] and why the devalue and why the high auctions [bondLady] shabibi is so dang smart [bondLady] too smart [bondLady] but this is it and i think i did figure it out [bondLady] so i had our team do the figures an tell me what they were [bondLady] for the last 10 auctions [bondLady] in that period [bondLady] i was shocked at the amount [bondLady] the cbi was able to pull back into the cbi [bondLady] 2.29 trillon and some change in the last 10 auctions [bondLady] are u as shocked as i was? [bondLady] 2.29 trillon [bondLady] 10 days not even 2 weeks [bondLady] 10 days [bondLady] so then from the time shabs 1st started talkin about it [bondLady] we can assume that within the last 4 to 5 weeks time [bondLady] the cbi has pulled back in every bit of 4 trillon [bondLady] and higher give or take a few billon [bondLady] or trillon [bondLady] id have to go back farther than 10 days to figure out that [bondLady] so if indeed there was only 6 trillon left in circulation 6 to 8 months ago [bondLady] and what shabibi has done now to draw back in the 000 notes [bondLady] he pulled off the biggest strategic plan of all times [bondLady] he got the iraqis who have been hordeing there dinars waitin on a rv [bondLady] to go and cash them in for usd [bondLady] for the purchasing power [bondLady] look at the auctions [bondLady] huge amounts of banks [bondLady] 23 to 28 and 29 banks [bondLady] 100's of billons of dinar being used to buy usd [bondLady] cause they were told the dinar was devalueing rapidly [bondLady] causeing them to let go of the 000 notes an buy usd [bondLady] so theyd have better purchaseing power [bondLady] flooding the iraqi streets with usd [bondLady] to control the dinar indeed [bondLady] and as ive said they did need to reduce the money supply in order to rv [bondLady] man wtg shabs [bondLady] reducing it at 2.29 trillon in 10 days is huge [bondLady] so then we look over here at parliment [bondLady] parliment split to the 3rd of january suposedly [bondLady] with 3 or 4 of the hugest laws sitting on there table to be passed [bondLady] they leave for 2 weeks [bondLady] the hcl [bondLady] the budget [bondLady] the investors laws [bondLady] theres 1 more but cant rem what it is [bondLady] theres many that need to be [bondLady] but the 1s that will affect the peoples lives the most are those 3 right now [bondLady] now in the budget [bondLady] is 1 share of the oil rights to each iraqi citizen [bondLady] sadr wanted that [bondLady] it was in the budget [bondLady] theres articles that state that [bondLady] that 1 share [bondLady] has hcl written all over it [bondLady] to give any thing of the ouil to the people like that [bondLady] has to have the hcl [bondLady] its in the budget [bondLady] to be able to pass the budget [bondLady] to pass the hcl and the budget [bondLady] the biggest in iraq history [bondLady] they have to have the investors laws [bondLady] these 3 things with out any of the 3 wont work [bondLady] ok [bondLady] so what did shabibi do [bondLady] knowin they need to get thes laws passed asap [bondLady] and open the budget on time not like theve done thru the recent yrs [bondLady] they had to do stuff fast an make some genious moves by shabibi [bondLady] how could he make the iraqis let go of there dinars theve been holdin onto thinkin it was gonna rv any day [bondLady] and shabs knowin he had to dry up the supply [bondLady] so the dinar is devalueing [bondLady] rapidly [bondLady] were doin all we can to contain it right now [bondLady] the dollar rate is riseing fast [bondLady] the dinar is goin down [bondLady] articles sayin how iraqis were rushin to buy usd with there iqd [bondLady] how brillant [bondLady] 2.29 trillon dinar in the auctions in 10 days [bondLady] un heard of [bondLady] he did and is pullin it off [bondLady] as he said he wants to begin the new currency or raising the 000 in early 2012 [bondLady] he couldnt do that with so many trillons left out in iraq [bondLady] same as the ld's [bondLady] if the whole world had the new lower denominations [bondLady] but iraq didnt have them [bondLady] it would be useless [bondLady] it only matters if there in the hands of the iraqi citizens [bondLady] same as the 000 [bondLady] the whole rest of the world can have them [bondLady] but they needed to be almost gone off the streets of iraq [bondLady] for this to happen [bondLady] there had to be aa huge strategic move by the cbi [bondLady] to get the people to quit hordeing the 000 notes [bondLady] the usd is raising its rates its goin up in value [bondLady] the dinar is fallin [bondLady] hurry hurry buy usd while u can still get the rate before the dinar falls any farther [bondLady] see where im goin with this? [bondLady] an so they did [bondLady] 2.29 trillon in just 10 days times sucked back into the cbi to be destroyed [bondLady] its what had to happen [bondLady] u all should be feelin really good right now [bondLady] to know this [bondLady] to see this [bondLady] we are trully at the door [bondLady] pass the budget [bondLady] pass the hcl [bondLady] pass the investment laws [bondLady] the gov will take care of itself [bondLady] an the bombings wont totally stop but they will fade to black soon [bondLady] lots of these people blow them selves up because alqueda would pay them 200.00 for there family [bondLady] an some would sacrifice themselves because they loved there family [bondLady] thot they was doin the right thing to help them live [bondLady] and to survive [bondLady] so they would [bondLady] lots of that will stop when there money is worth more [bondLady] anyways [bondLady] i thot this was pretty dang huge [bondLady] what do yall think [bondLady] as i drop the mic an walk off Edited December 28, 2011 by Hamels 57 Link to comment Share on other sites More sharing options...
steveflex7 Posted December 28, 2011 Report Share Posted December 28, 2011 This is amazing...truly amazing. It gets me pumped that we are indeed very close to this RV happening. 3 Link to comment Share on other sites More sharing options...
Hamels Posted December 28, 2011 Author Report Share Posted December 28, 2011 just another great job by Bondlady 2 Link to comment Share on other sites More sharing options...
Dah-kota Posted December 28, 2011 Report Share Posted December 28, 2011 Way to go Lady ! Makes my heart beat faster. Thanx 4 Link to comment Share on other sites More sharing options...
Elixirbaby Posted December 28, 2011 Report Share Posted December 28, 2011 Bondlady Rockin the house. Go RV 1 Link to comment Share on other sites More sharing options...
Sk 1962 Posted December 28, 2011 Report Share Posted December 28, 2011 Thanks Hamels for bringing this over to us, a very nice post from BL, I just loves how she breaks everything down so anyone can understand what is going on with our investment and realize just how close we really are for this baby too POP All I can say is GO RV in 1/2112 1 Link to comment Share on other sites More sharing options...
endeavor1 Posted December 28, 2011 Report Share Posted December 28, 2011 Makes sense, CBI needs the higher notes to afford a good rv rate. Go RV!!! 1 Link to comment Share on other sites More sharing options...
pchester Posted December 28, 2011 Report Share Posted December 28, 2011 I think BL has hit the nail on the head,now she better use one of them 000 notes and get her a new mic...... 3 Link to comment Share on other sites More sharing options...
fastarnie Posted December 28, 2011 Report Share Posted December 28, 2011 Hope Link to comment Share on other sites More sharing options...
keepmwlknfny Posted December 28, 2011 Report Share Posted December 28, 2011 Maybe someone should fill her in on what the auctions are about...... They are selling USD, by selling USD that they aquire from oil revenues, they are able to get dinar to run the country......the USD that comes in is basically converted to dinar through the auctions.... 21 46 Link to comment Share on other sites More sharing options...
KrispyKreme Posted December 28, 2011 Report Share Posted December 28, 2011 Good work lady. Only Time Will Reveal The Reality Link to comment Share on other sites More sharing options...
Doctor Smith Posted December 28, 2011 Report Share Posted December 28, 2011 Look at dis. 2 Link to comment Share on other sites More sharing options...
steveflex7 Posted December 28, 2011 Report Share Posted December 28, 2011 Look at dis. Sweet analysis Doctor smith.... It looks like they are utilizing dollars to shrink the M2 1 Link to comment Share on other sites More sharing options...
Butifldrm Posted December 28, 2011 Report Share Posted December 28, 2011 Great Post Hamels. Great Analysis of the auctions BL. We are close. In october suposedly there were only 4T Dinar circulating in the domestic market. We are close! Go Bond Lady and go RV! Baghdad (newsletter).He specialized in Economic Affairs, Ali dargham that the volume of currency on the domestic market (4) trillion dinars, controlled by the Central Bank and this would prevent inflation for next year, noting that most State ministries need not functional degrees and they suffer from functional slouch that would adversely affect the investment budget and will reverse him on the Iraqi economy. Said Mohammad Ali, told reporter (News Agency news) Monday: "the question of inflation is contained in the coming months because the Central Bank of control over the currency on the domestic market and $ 4 trillion dinars and also control the exchange rate is a measure of price of goods from abroad and the money supply in the market." Noted: that the Central Bank works to absorb Iraqi dinar through put further dollar, through the use of interest rate instruments that can control this issue, which will make every Iraqi citizen money instead of spending this works to withdraw cash from the market. Mohamed on most government ministries are not in need of functional degrees and they suffer from functional and therefore will increase slouch in operational spending at the expense of development investment reflected negatively on the country's economy. The Iraqi economy has witnessed unprecedented serious inflation based on the totality of press reports and summary economic studies and seminars on this aspect as well as the concrete facts on the ground have decreased the real value of money in Iraqi market visibility, large quantities are not sufficient to purchase a product or service is simple, to become the follow-up process to increase the prices of goods and goods and services in Iraq to assess their practical difficulties beset, due to the constant increase in prices./finished/12 n. y.. http://www.microsofttranslator.com/bv.aspx?from=ar&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Fnews_view_22111.html 4 Link to comment Share on other sites More sharing options...
HisHands Posted December 28, 2011 Report Share Posted December 28, 2011 Thanks for bringing this over. BondLady knows her business. I am quite sure she knows what the auctions are about, and does not need anyone of us to enlighten her on that subject. Her articles are always professional, and yet simple enough that most of us can make sense of even the most complicated news coming out of Iraq. The last several auctions definitely have made me feel that something is up with our investment. What a wonderful interpretation BondLady presents here! 6 Link to comment Share on other sites More sharing options...
winterset Posted December 28, 2011 Report Share Posted December 28, 2011 Thanks for the post Hamels! This is definately the best read I've had in a long while, I'm not even going to be bothered by Keeps negative vibes . Sorry Keep I know you have a right to your opinion but you are so depressing sometimes, you can have the LOP but I'm taking the RV 7 Link to comment Share on other sites More sharing options...
patwat Posted December 28, 2011 Report Share Posted December 28, 2011 http://www.youtube.com/watch?v=F6luVDxoE0I&feature=related Look at dis. Way to tackle the issue, Smith!! +1 for you! 1 Link to comment Share on other sites More sharing options...
keepmwlknfny Posted December 28, 2011 Report Share Posted December 28, 2011 Thanks for the post Hamels! This is definately the best read I've had in a long while, I'm not even going to be bothered by Keeps negative vibes . Sorry Keep I know you have a right to your opinion but you are so depressing sometimes, you can have the LOP but I'm taking the RV Im not even discussing that!! Hahaha Its just the basics of the auctions.....there are ways that you can reduce the money supply through currency auctions but Iraq isent taking those measures....they are just selling USD and have been for quite sometime. How else do you think Iraq can run off the oil revenues? It has to be converted into dinar for use somehow.....the govt uses dinar for everything....if they were pulling in dinars out of circulation, they would have run out of dinar YEARS ago 9 21 Link to comment Share on other sites More sharing options...
hunz2 Posted December 28, 2011 Report Share Posted December 28, 2011 (edited) Thanks for the post Hamels! This is definately the best read I've had in a long while, I'm not even going to be bothered by Keeps negative vibes . Sorry Keep I know you have a right to your opinion but you are so depressing sometimes, you can have the LOP but I'm taking the RV But it's not negative vibes, it's the truth. Oil money comes in the form of USD to the cbi. The cbi auctions buy dinar off the street and put the USD in the market. The dinar that cbi brings in is what pays for their governments budget. They don't destroy all of the dinar that comes in from the auctions as bond lady states. Edited December 28, 2011 by hunz2 3 Link to comment Share on other sites More sharing options...
Papster Posted December 28, 2011 Report Share Posted December 28, 2011 Thanks for the post........BL thanks for the breakdown...........missed your chats.........GO DINAR 3 Link to comment Share on other sites More sharing options...
DavidM Posted December 28, 2011 Report Share Posted December 28, 2011 Great chat BL As I've always suspected, they never intended for the common Iraqi to have any REAL wealth. I guess they should be lucky they have their freedom.... 1 1 Link to comment Share on other sites More sharing options...
Tubbs Posted December 28, 2011 Report Share Posted December 28, 2011 Step off the stage, Bondladys laying it down Love the track your on Crystal Mic is hot Go RV :cool: 1 Link to comment Share on other sites More sharing options...
winterset Posted December 28, 2011 Report Share Posted December 28, 2011 Im not even discussing that!! Hahaha Its just the basics of the auctions.....there are ways that you can reduce the money supply through currency auctions but Iraq isent taking those measures....they are just selling USD and have been for quite sometime. How else do you think Iraq can run off the oil revenues? It has to be converted into dinar for use somehow.....the govt uses dinar for everything....if they were pulling in dinars out of circulation, they would have run out of dinar YEARS ago Why are so many financial reports that come out of Iraq posted in US dollars? I'm not sure they use dinar as much as you are claiming, but I am open minded enough to say there are many angles we can't even begin to see without being in Shabibi's shoes. I am glad that you help me question what is posted here because we all know there are so many false statements made. But sometimes we just want to hope for that great outcome from all of this waiting! Thanks for being grounded but if you ever want to let your guard down we would all LOVE to see it Link to comment Share on other sites More sharing options...
Butifldrm Posted December 28, 2011 Report Share Posted December 28, 2011 But it's not negative vibes, it's the truth. Oil money comes in the form of USD to the cbi. The cbi auctions buy dinar off the street and put the USD in the market. The dinar that cbi brings in is what pays for their governments budget. They don't destroy all of the dinar that comes in from the auctions as bond lady states. hunz, the IQD off the street taken in by the CBI belongs to the CBI and does not pay for the government budget. the CBI is an independent entity. Maliki tried a year ago to take control of the CBI and failed because he wanted to use the CBI's money to fluff his budget. that did not work. The only money coming in to suppoert the budget is from oil. Oil money belongs to the government and the people. The CBI and only the CBI has disgression on the fate of the Dinar. About 6 month ago the CBI had destroyed so much IQD inflation was a problem. I would tend to think/hope Bond Lady's analysis is spot on. 8 1 Link to comment Share on other sites More sharing options...
winterset Posted December 28, 2011 Report Share Posted December 28, 2011 hunz, the IQD off the street taken in by the CBI belongs to the CBI and does not pay for the government budget. the CBI is an independent entity. Maliki tried a year ago to take control of the CBI and failed because he wanted to use the CBI's money to fluff his budget. that did not work. The only money coming in to suppoert the budget is from oil. Oil money belongs to the government and the people. The CBI and only the CBI has disgression on the fate of the Dinar. About 6 month ago the CBI had destroyed so much IQD inflation was a problem. I would tend to think/hope Bond Lady's analysis is spot on. I am definately liking your summary much better. Thanks for the post! Link to comment Share on other sites More sharing options...
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