10-12-2016 Newshound Guru Aggiedad77 I am having one of those "feelings"...we stand before that locked door...all of a sudden...we can hear clicks and clatters...bolts being thrown...then hinges creaking...the door frame bulges...it's a fat lady for sure...but what happens is hopefully historic....Praying that what flows through is just so totally full of MR...hot...red hot lava flow of the MR...Monetary Reform that is...not the beginning thing either...but rather instead the whole enchilada...
10-12-2016 Intel Guru Frank26 i ...We ...Will be in RED dress tonight ...(For red Hot?).
10-12-2016 Newshound Guru Adam Montana ...to dispel a little rumor that was running about the Dinar Airwaves over the week... according to my most reliable sources, Maliki is not going to be returned as VP or any other significant role. I'm sure this isn't the last we will hear from Maliki, because he has nothing to lose by continuing to file motions, appeals, requests, etc... but I really don't think we need to worry about him for the present time, or the near future.
10-12-2016 Newshound Guru Kaperoni Articles: "Economic calls to cancel the auction currency and an end to the phenomenon of «money Moadh«" "Why collapsed the Iraqi dinar .. Economists call for the central bank to answer" The way I read all these cries, they are pushing for the CBI to move monetary policy forward...Like we have discussed for so long...the CBI needs to exit the peg and float the dinar. Unfortunately, as much as I agree, the government's inability to lay the groundwork (pass laws) is holding all these reforms up.
10-12-2016 Intel Guru SteveI [CBI Site Down?...Today, 11:16 AM] It could be a number of things. Please do not read anything into this.
10-12-2016 Newshound Guru Adam Montana 4. But, to get to my reason for reigning in *some* of my optimism for this month... we still don't have an HCL or much news about it's implementation. It's great that Oil is going the right direction. It's awesome to have the IMF praising them, it's fantastic that they are making timely progress on the 2017 budget, but... without that HCL, I have to go back to "cautiously optimistic" at this time. On a more positive note, it's widely believed that the HCL is pretty much done and it's only a phone call away from being published in the Gazette and made official. That could certainly happen any day, even today or tomorrow! But until it's done, or we hear more about it, we remain patient. [post 3 of 3]
10-12-2016 Newshound Guru Adam Montana 2. On the topic of oil prices, Iraq is very much involved in the recent OPEC movement to control production and get the prices moving back up. As of Monday, oil hit $53... The head of BP says he is expecting $55-70 coming soon. This stuff isn't written in stone, but it's certainly a good indication of the efforts being taken, and Iraq will certainly gain confidence as a result. 3. Also cheering for Iraq and basically giving them a big ol' green light is the IMF. It's important to understand that the IMF can't force them to RV, or stop them from doing it either, but when they have the IMF on their side, it's a great thing! [post 2 of 3....stay tuned]
10-12-2016 Newshound Guru Adam Montana Around the end of August I had mentioned my slight optimism for September and greater enthusiasm for October. With October almost halfway over, I'm forced to reign in some of my enthusiasm... but not all. Here's my latest thoughts: 1. I believe I was mistaken recently when I mentioned the budget was set based on an anticipated $60 ppb... according to this report, it was actually set at $45, which is probably only slightly off from the year-to-date average! You all know I don't place a lot of importance on the "Budget", as they release it to the public, but for them to continue showing this kind of control over their assets and finances is a GREAT thing for the world to be able to place confidence in a big increase in the value of the Iraqi Dinar. This year's budget was completed and published right about the 1st of the year, which was a huge improvement over the previous decade. As of right now, they look to be on pace to do it again, or maybe even earlier! Again, this is exactly what they need to be doing in order to do an RV and most importantly, support the higher rate. They are doing great at this! [post 1 of 3....stay tuned]
10-12-2016 Intel Guru Frank26 So right now the CBI with Allak and Abadi...IMF, UST... they know what they are doing with the Monetary Reform and the control of the exchange rate of the Iraqi dinar...and do you remember what they have already said...that I want a gradual increase...IMO all of the recommendations from the IMF to the CBI are being accomplished ...so we look for the next step to come from the CBI...and by the way...Allak even came out and said...in the reports that we have...in Arabic...he said yeah we know to do this before November...raise the value of your currency ...before November...ever since that meeting...in Amman, Jordan...with the CBI and the IMF...the CBI told the IMF...we’ve done all the regulations...we are done...and we will implement before November... [post 3 of 3]
10-12-2016 Intel Guru Frank26 ...the CBI and Allak have said that clearly they want to increase the rate gradually...we...feel that they are doing that...without telling anybody...the market street rate actually dropped over the week...it was at 1309 and it is at 1295 right now...the market rate dropped for the 2% compliance that the IMF wants...they are constantly doing something with the value of their currency...IMO. I am of the school of thought that they will come out 1 to 1 in the country... Allak and the CBI and the IMF have a plan and they are following it...they are following it step by step. Mosul is the big lady that sits in front of us...when they finally do liberate Mosul you are going to see the Monetary Reform right in front of your eyes IMO. [post 2 of 3....stay tuned]
10-12-2016 Intel Guru Frank26 ...there was...an important meeting on the 7th, the 8th, and the 9th...and we told you it was with the IMF and the US and we told you within that meeting there would be a lot of...reviewing of what they have done with the Monetary Reform. ...this came out in a documentation where the IMF said...we are working with the CBI...we are working with Iraq...but I am here to tell you...we are not going to put it in any report...anything that we consider sensitive information...we are not going to announce it to anybody...the things they are doing with the Monetary Reform...they may not be privy to us right now. [post 1 of 3....stay tuned]
10-12-2016 Intel Guru Bruce Intel the last couple of days have been very light. Not totally dark, but very quiet out there. We did get some good Intel the last couple of days. Some of it is unfortunately can’t talk about. some a little too specific. The one thing I am very aware of is it suppose to have gone even from what I understand last night. There were a few things that came up that stopped it. Just be prepared for anytime now. AS far as what I am hearing specifically we have a very high percentage change it can go tonight and for tomorrow. We had a large meeting of the IMF and World Bank group from 0ctober 3 and completed on October 9th. It was decided a go time. We are looking very solidly for any moment now. We heard the rates may have made a move upward...
10-10-2016 Intel Guru Dr. Clarke Do You Want to Know What’s REALLY Going On? ...APRIL 2017 - OH NO, ANOTHER DATE - Iraq Dinar Official Rate Change and International Announcement happens, sometime in APRIL 2017 - The 1st month of Their 2nd Quarter - roughly 6 months from TODAY. Now, Logically, this should give Iraq, IMF, UN, U.S. and everyone else, ENOUGH TIME to get everything in order, done, signed, transferred, set up, finalized, double-checked...Yes, you read that right. APRIL, 2017 - 6 months from now - based on our PURE LOGIC, as it exists Today. It’s going to take this long, because Iraq needs the time - they’re SLOW & It’s a Communication NIGHTMARE in the ME. They have major ISIS & corruption problems, that are this far away from getting stable enough to pull this off...But, we’ll say one IMPORTANT thing...“ANYTHING can happen, at ANY Moment” ... because you’re NOT even guaranteed your next Breath - even an RV scenerio”...In our opinion. [post 3 of 3]
10-10-2016 Intel Guru Dr. Clarke The Following is our “LOGICAL FORECAST”...MOSUL - Will not be completed until early December - OFFICIALLY & PUBLICLY ANNOUNCED. 2017 BUDGET - Will not be official and not printed in the Gazette, till the last half of December 2016. HCL...our best guess, is that it will be Publicly Announced as official by December 1, and printed in the Gazette by end of December. (too much money involved here, so NOBODY knows the truth about this animal). All Other Important Laws - Officially printed in the Gazette by end of December. Government Cabinet seats - All voted in and sitting, as of December 1. Contract Rates - Forget them. Non-existent. Rumor. ZIM - One of the biggest Hoax’s we’ve ever seen...800# - There are NONE. Another hype, Rumor... 1st Quarter 2017 - ISX cranks up, Banks in Iraq change, U.S., IMF, UN give Iraq final approval, to announce an International Rate Change and Status for exchange. [post 2 of 3....stay tuned]
10-10-2016 Intel Guru Dr. Clarke There really was, and is, a “Plan” for concluding this “Dinar” ride, for the general public to be exchanged by end of 2016. It’s NOT on SCHEDULE, as of Today. The December 1st date, we talked about before last week, is now gone. No date. Removed. Everything changed over this past week. So, no date to look at in 2016. It’s open ended, as we speak, on into 2017. You want 100% guarantee of a Date to exchange. There is no such date - only probabilities of dates. We don’t give any RATES...NOBODY knows what rates will be...MOSUL...Mosul is NOT done. Whether it is or isn’t, doesn’t matter - It’s still officially, publicly NOT done. Very important piece NOW, to Iraq changing their currency to International and raising the rate. [post 1 of 3....stay tuned]
10-10-2016 Newshound Guru rcookie THEY ARE THE 3 ORIGINAL VP'S...FORMER HOUSE SPEAKER NAJAFI..AND 2 FORMER PRIME MINISTERS ALLAWI & MALIKI... THEY HAVE STATED IN ARTICLE...THEY ARE NOT REINSTATING ALL THREE VP'S...BUT RATHER...ONE...AS PER CONSTITUTION...THE OVERWHELMING GROUNDSWELL OF NEWS REPORT UNWAVERING SUPPORT FROM US...POLITICALLY AND MILITARILY TO ASSURE ABADI REGIME AND REFORM SUCCESS...THE US WILL NOT ALLOW FOR ANYTHING TO UNDERMINE ABADI AND IRAQS GLOBALLY ACKNOWLEDGED SUCCESSES AND PROGRESS... [post 2 of 2]
10-10-2016 Newshound Guru rcookie Article: "Iraqi Constitutional Court draws a painful blow to al - Abadi approve the return of the three vice - president of the republic , despite some of them implicated in corruption cases"
Quote: "The three vice-presidents who are removed from office as Vice-President of the Republic are Osama Najafi, the former House speaker, and Nuri al-Maliki and Iyad Allawi, the two former prime ministers." NAJAAFI APPEAL TO THE ELIMINATION OF 3 VP POSITIONS RULING BY LOWER COURT AND APPEALS COURT WAS OVERTURNED AND RULED UNCONSTITUTIONAL BY FEDERAL COURT TODAY...STATING THE POSITION IN TOTAL CAN NOT BE ELIMINATED...AND SUGGESTS GOING FORWARD THERE WILL BE 1 DEPUTY POSITION NOT 3...ORIGINAL MOVE WAS DONE AS FINANCIAL AND BUDGET EXPENDITURE DRIVEN ACTION...RULED ON BY COURTS AND APPEALS... [post 1 of 2....stay tuned]
10-10-2016 Newshound/Intel Guru BGG [I just read the article today about the Supreme Court and Maliki...] [...malilki is coming back?] Let's not be alarmist...whatever happens - the UN/IMF won't sit still for this JACKASSERY ... exactly what they have been advising against all along. Maliki may think he's won something - he's just brought on the BIG DOGS...
10-10-2016 Newshound Guru Kaperoni Article: "Alusi: The federal decision to return the Vice President meant to rule the survival of the country's Mhassata" Quote: "It is said that the Federal Supreme Court issued today its decision regarding the lawsuit appeal made the decision to cancel the posts of Vice Prime Algmehorah.anthy" Keep in mind these positions are more symbolic than anything. Abadi got rid of them to save the salaries.
10-10-2016 Intel Guru Bluwolf IT IS ABOUT THAT TIME FOLKS, RV ARISING.
10-10-2016 Intel Guru ADMINBILL A DAY CLOSER TO THE PROJECTED DATES FOR POSSIBLE COMPLETION. ALL WE CAN DO NOW IS WAIT. [..do you have a sense of what we are waiting on?] I HOPE TO FIND OUT TODAY. IT MAY SIMPLY BE TIMING.
10-10-2016 Newshound Guru hutch IMF report quote: "The Board of the International Monetary Fund approved a standby credit loan SBA for a period of three years for Iraq and the rights of special drawing SDR value of 3.831 billion units (approximately: 5.34 billion, or percentage of 230%); to support the economic reform program adopted by the Iraqi government..." Thats how the sdr works. They are allowed a percentage of their sdr deposit. Generally it is 200 percent. They have approx 10bl in sdr basket, so they are allowed 200 percent of that. That is why they were able to get a 20bl loan. Thats what the agreement is and the 5.34 is one of the installments. It gets them on their feet. Thats why investment into the country is so important to what OUR end goal is.
10-10-2016 Intel/Newshound Guru Mnt Goat Can many currencies revalue? Certainly they can as we know for a FACT that the IMF has a “Sustainable Development” project which includes goals for many of these so called “underdeveloped” countries with potential. So anything is possible. But is it not likely in the near future.
10-10-2016 Intel Guru ADMINBILL WILL THIS BE THE FINAL WEEK? THAT IS WHAT THE CONSENSUS IS. IF WE ARE STILL HERE NEXT SUNDAY WE WILL ONCE AGAIN KNOW THAT THE YELLOW BRICK ROAD STILL HAS CONSTRUCTION SIGNS IN PLACE. USUALLY THE CONSTRUCTION SIGNS WILL HAVE WORKERS STANDING AROUND WAITING TO BE TOLD WHAT TO DO NEXT. SOUND FAMILIAR? BE OF GOOD CHEER. I STILL DO NOT EXPECT ANYTHING UNTIL MID WEEK AT THE EARLIEST.
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