4-22-2015 Intel Guru EXOGEN IRAQ IS ON FAST TRACK TO GET ALL LAWS PASSED WITH 3RD READINGS. IRAQ LEGAL TEAM IS NOW GOING BACK AND EDITING AND CORRECTING LAWS STRUCTURED VIA USA/MALIKI TEAM. UST IS PLACING PRESSURE ON IRAQ TO MOVE. THE STAGE IS NOW SET. PREPARE FOR YOUR BLESSING AND STAY STRONG AS THE FINISH LINE SURFACES FROM THEORY AND DREAMS, TO REALITY. ARE YOU READY!!!
THE GLOBAL BLESSING IS NOW CLOSER THAN EVER!!!
4-22-2015 Intel Guru TNT Tony [via Adept1] All laws pending are being passed today, both the necessary and unnecessary laws. Abadi has been on television with statements running and also in print that he has taken over the economic reform (and electricity). He is assuming responsibility for everything in the public eye. The announcements have been made, “this time we’re not joking”… I do think we are close. Every agency and sources in different countries are telling us that we are super-close.
4-22-2015 Intel Guru DC [via Adept1] Dr. Shabibi and Dr. Abadi have been in constant communication about the RI/RV, trying to get everyone up to a place where they can handle this. They started 36 hours ago and the rest of the world said, “Yeah, sure” with eyes rolling. So they have been spending time on international phone calls getting everyone ramped up. Everyone in Iraq ran through procedures again concerning lower currencies, and such. Those have gone out. In the newspapers and on television, there is more of the same: monetary reform will be done in the next few days, quoting CBI, Finance Ministry, etc…Iraq is prepared and getting everyone ready for the RV. Bank security, law enforcement and intelligence guys are ramping up as we speak, like the banks. The US and the rest of the world banks are being prepped now. We expect to see this in the next few days. We hope this is the final deal. Everything looks really, really good...
4-22-2015 Intel Guru Frank26 A New Mexico WF told someone on [Guru] Eagle1’s team today that the WF Wealth Managers told their customer that he now has the authority to begin early exchange for premier clients. Eagle1 said there is a rate … and it’s been showing for weeks … on the administrative screens … all over the country of Wells Fargo banks.
4-22-2015 Newshound Guru Adam Montana This is an unusual situation for me to be in... but I'm just going to go out on a limb and spit it out. For the past couple months, I've been getting messages and more importantly... "feelings"... from my banking partners and investment people. And as of just last week, a few of our offshore banks started letting me and my staff know that big changes were coming. As of a couple days ago, they started sending out messages to other clients as well. The messages are varied, but they all point in the same direction - towards something significant. One says they expect us to be dealing with stricter US investment and reporting laws shortly, another is stating they expect MY clients to be dealing with larger amounts of cash soon, another is anxious to get all of our current affairs finalized and quite a few are starting to hint that they will not be taking new clients in a very short manner. I'm not saying I'm being told directly that we're on the brink of something major. Fingers crossed!
4-22-2015 Intel Guru Frank26 [via FrostyTheSnowman] [Finance Minister Zebari went to the IMF regarding an emergency type of loan....I believe this is what is being granted...the emergency loan.] That’s right…and the end of every month…there is always an emergency loan to help them get by. It’s never at the beginning or the 2nd week and although they do not talk of the amount in today's articles...the articles from last week were speaking in terms of $700 million dollars for this particular loan request. NOTE: ONLY enough for less than two weeks...The remainder of this month's worth. [The question now becomes, are the funds enough to keep Iraq "going" up to Ramadan or until after Ramadan!?”] NO ! Don’t pay attention to it. Don’t let it bother you. [You stated that the HCL is HOT. IYO only, will we SEE it before the rate change or after?] EVERYONE...everything...Waits for THE RATE. The rate must come first because everything bows to it. Once the 3 zeros are lifted it will trigger the laws in the budget…it will activate the budget and it will send every citizen in Iraq to run to the banks in order to get their currency because it will be in lower denoms. Dr. S [Shabibi] is being pushed tremendously. There isn’t anyone else but Shabibi now. He is moving fast.
4-22-2015 Intel Guru EXOGEN [Rumor that Abadi may have made a soft Announcement and the main Announcement to citizens of Iraq and the World is projected to be completed within the next 24-48 hours. Abadi Announcement is rumored to be approved by the G20 already. What was the result of this Intel ...?] HE DID A SOFT ANNOUNCEMENT AND THAT WAS IT…BASICALLY ABADI TOLD THEM THE SAME THING HE HAS BEEN TELLING THEM "IN THE COMING DAYS". DOES SOFT ANNOUNCEMENT MEAN RV/RI EXCHNAGE IMMEDIATELY…100% NO.
4-22-2015 Intel Guru Hocus Pocus well everything has been pretty quiet up until today but i talked to my contact earlier and he tells me that things have ramped up again…they are playing the "our money will soon be worth more" across the television again…it has been a few weeks since they were playing this information on the televisions and now since it has come back to the forefront the Iraqis are encouraged…when things are looking good they want to let their people know…they do not want to mislead anyone. the smart cards have not been loaded yet and those saying that are not getting it right. it is also apparent that the military is taking care of business and the security is good…those saying that that is the hold up are not in the know according to my sources.
4-22-2015 Intel Guru Frank26 [“Didn't Frank say the IMF said "NO" to a loan? Seems someone is confused. But not sure who…”] Not i…Did You not see the articles last week where IMF said NO to any more loans? Of course You did. REALIZE…the IMF ...Does a 360 on this subject......... Why? Because just like EVERYONE else … We and the IMF are in a long line that WAITS and SUPPORTS THE IQD !!! [we have a deep relationship with this country … hundreds … maybe thousands of things are now imbedded in Iraq … and nobody is going anywhere … it’s just the constant “support” … WHY? Because we want them to lift the 3 zeros so that we can make money with this country] …
4-22-2015 Newshound Guru Millionday Article quote: “Revealed the economy parliamentary committee introduced a number of new items on the investment law to promote the reality of investment for the country.” THEY HAVE AMENDED THE INVESTMENT LAW...WHOOPOW --- THIS IS TO PROMOTE THE LARGEST INVESTORS -- TO OPEN THE SINGLE WINDOW--AND PROMOTE THE REALITY PUBLIC INVESTMENT TO THE COUNTRY – WOW Quote: "The House of Representatives read the second reading of the investment law,…" ...YESTERDAY … THE INVESTMENT LAW WAS READ FOR THE SECOND TIME.
4-22-2015 Newshound Guru Millonday [I have also seen from many currency pros, that that IMF… will put a major hold on RV, your thoughts?] MY THOUGHTS ARE THAT IT IS GREAT NEWS AND IS ALL ABOUT THE BEST FINANCIAL POSITION FOR IRAQ AND THE DEVELOPMENT THEY ARE RACING FORWARD TO ACHIEVE. [so your saying it has no effect on an RV?] NOT A HOLD UP -- SOMETHING WAITED FOR FOR THE REFORMS AND ALSO FOR THE LOWEST DEBT -- AS FAR AS GLOBAL DEBTS -- THEY WOULD RATHER HAVE GLOBAL INVESTMENT. MY OPINION IS THAT THIS IS GREAT NEWS AND NOT A MOVE TAKEN LIGHTLY. I THINK IT WILL IMPACT THE MONETARY POLICY ETC --- CURRENCY MARKET FOR IRAQ -- JUST NOT IN THE WAY SOME ARE SAYING.
4-21-2015 Newshound Guru Mailman17 ...FOR THEM TO MAKE A BRASH STATEMENT TO REPLACE AND INTRODUCE A NEW DENOM THAT IS AS SCARCE IN IRAQ AS A PIG ROAST, GIVING THEM TILL THE END OF THE MONTH TO TURN IN WHAT VERY LITTLE IS ACTUALLY IS IN THE HANDS OF IRAQS WHO PROBABLY DONT EVEN REMEMBER WHAT ONE LOOKS LIKE SEEING AS THAT BILL NOTE WAS MINISCULE AND NEVER USED, LET ALONE ITS VALUE RAISES A RED FLAG. I STILL THINK THEY JUST WANT THIS NOTE OFF THE STREET ( WHATEVERS LEFT) BECAUSE IT COINCIDES WITH THE ONLY NOTE THAT WOULD COINCIDE WITH THE NEW SET OF NOTES. AGAIN I REITERATE THE SECURITY FEATURES ON THE 50 ARE NO DIFFERENT THAN THE 250 OR 500. AND TO TAKE A NOTE THAT IS NEVER USED WITH A VALUE OF 4 CENTS AND REISSUE IT TELLS ME A RATE CHANGE IS IMMINENT ASAP..JMO
4-21-2015 Newshound Guru Mailman17 …ALSO REMEMBER THAT IRAQ WILL HAVE TO MAINTAIN AND KEEP STABLE A 1-1. AFTER THEY PROVE THEY CAN DO THAT, THEN ITS OFF TO THE RACES. AGAIN, THEY MUST BE ABLE TO BACK...THE VALUE. THEY WILL NOT BITE OFF MORE THAN THEY CAN CHEW AND THE IMF MOST LIEKLY AGREES AS DOES SHABS. ONCE THE DE-DOLLARIZE, THE IRAQS WILL HAVE FAITH IN THEIR CURRENCY AND WHAT IT WILL BUY. WITH THAT SAID, I AGAIN REFER TO PAST ARTICLES FROM THE SHABS AND THE FINANCE COMMITEE THAT MONETARY REFORM WILL NOT WAIT FOR ISIS...AND MUST BE SURE ON THE COMING DAYS REGARDING SECURITY AND THE RELEASE OF THE NEW NOTES. TIME WILL TELL. THERE HAS BEEN NOTHING BUT POSITIVE REMARKS FROM ALL INVOLVED REGARDING THERE COMING OUT PARTY AND IT IS NOT MONTHS AWAY..IT IS ANYDAY. AS ALWAYS...JMHO [Post 2 of 2]
4-21-2015 Intel/Newshound Guru tman23 ...the fact of the matter is the KURDS...And we know that 400 million a month does not support the region...We know they want to open their economy and Baghdad has stalled the Kurd progress...The Kurds need 2 million displaced people to GO HOME...The Kurds will go to June but do not believe they plan on waiting until October or 2016...So 5/2 expect some change on cards being loaded for displaced etc...
4-21-2015 Newshound/Intel Guru BGG ...Maliki is a goner!! this DC visit was bad for him... good for us...the one thing Abadi really - really needs - is the same thing you and I do... MONEY!!
4-21-2015 Newshound Guru Mailman17 TO CLEAR THING UP A BIT, SHABS GOAL FROM THE GITGO WAS TO HAVE THE DINAR ON PAR WITH THE DOLLAR. IRAQ IS A U.S. DOLLAR BASED COUNTRY USING THE VALUE OF THAT DOLLAR FOR DAILY PURCHASES. I TRULY DONT SEE THE IMF APPROVING A RATE AT THE START OF ANYTHING MORE OR LESS. WITH THAT SAID, THAT DOES NOT MEAN IT WILL NOT GO UP. I AM COUNTING ON THAT. MOST LIKELY IN TIME TO EQUAL OR EVEN PASS KUWAITS RATE, BUT THE AVERAGE IRAQI IS ACCUSTOMED TO THE VALUE...VALUE OF WHAT 1 U.S DOLLAR CAN BUY IN THE MARKET PLACE, AND HAVING THE DINAR DO THE SAME WILL EASE THE CONFUSION. I THINK ONCE THEY GET USED TO USING THE DINAR AT THAT VALUE, THEN A MANAGED FLOAT WILL MAKE ITS ADJUSTMENT... [Post 1 of 2 stay tuned for the rest of the story!]
4-21-2015 Intel/Newshound Guru Poppy3 CALL FROM THE STREETS OF BAGDAD SAYING THE PEOPLE ARE VERY HAPPY AND HAVE BEEN TOLD THEIR CARDS WILL SOON BE USABLE AND THEY WILL HAVE MONEY AVAILABLE IN THE NEXT FEW SAYS AND MOST THINK THIS WILL HAPPEN IN THE NEXT WEEK. SOUNDS VERY PROMISING. WHILE WE HAVE HEARD THIS INFO BEFORE I COULD HEAR TRUE EXCITEMENT IN THE VOICE.
4-21-2015 Intel Guru Frank26 The bonds (at 1166) are not working. They are not really tradeable for the world at the 1166 rate. Not internationally tradable. Dr. Shabibi everyone is waiting...the IMF...the WorldBank...everyone is in line waiting for you! The market economy needs the lifting of the 3 zeros and Dr. Shabibi knows it. Do you understand how close we are? Only the CBI can give you Article 8 compliance and the only thing left is to lift the 3 zeros! The laws...especially the mother of all laws...the HCL...investment...tariff...is all in the budget. All they need is Article 8 compliance and they can lift the 3 zeros and it’s done! IMO – Dr. Shabibi is probably not ready to lift the 3 zeros because of security. You and me and everyone who has dinars is waiting in a long-line. It is coming. I promise you. The lava flow cannot be stopped... [post 3 of 3]
4-21-2015 Intel Guru Frank26 The line is so long of everyone [and everything] waiting. Those in line ...IMF...WorldBank...budget...ISX...wages and salaries... QiCards...USA...US Treasury...BIS...private sector...citizens and even Abadi is in line to run his GOI. Abadi is running out of time because if this goes into Ramadan that will be self-inflicted suicide for Iraq...you will never see anything during Ramadan or EID...Ramadan starts in June. If Iraq doesn’t do something soon...the citizens could start an uproar and could result in war. Iraq needs to do two simple things: #1- Pass the tariff laws! #2- Lift the 3 zeros! Before Ramadan...that’s it says the IMF...if you give us Article 8 compliance you can have all the loans you want. As you know...there is no liquidity in Iraq and that is the key! There is no money. [post 2 of 3....stay tuned]
4-21-2015 Intel Guru Frank26 [via FrostyTheSnowman] It is EXTREMELY important that we pay attention ONLY to the governor of the CBI! Do your best to understand everything that the governor of the CBI is doing. It doesn’t matter if you call “him” Turki...Ali or whatever name they want to call him...we all know that Dr. Shabibi is the governor of the CBI. Period. End of story. The two people that mean the world to us in the MR [Monetary Reform] is Dr. Shabibi and Dr. Abadi. The CBI has all the money they need and the green-light. the GOI is broke...now what? Abadi told them that they...already told our citizens and they are “expecting” something. Something [bad] is expected to happen in the next 2 days (or so) that will shock most people. [Don’t let it rock you!] We all know that the IMF gave the CBI the green light and they haven’t moved forward with it yet. IMF said they would help Iraq and said they were proud of Iraq but since Iraq hasn’t raised their value yet they won’t help them anymore. The debt that Iraq has racked up will disappear once they raise the value of their currency. The IMF has told them what to do. [post 1 of 3....stay tuned]
4-21-2015 Newshound Guru Millionday [perhaps initial rollout is smart card in country only?] ...THIS REPORT HAS STATED THAT IT HAS BEEN TESTED WITH THE MILITARY PAY AND THIS IS CLEAR IN SAYING THAT IT CAN BE SENT TO WHEREVER THEY ARE...WE KNOW THE DISPLACED ARE OUT AND IN OF THE COUNTRY THAT ARE IRAQI. [the global card you mentioned is the same card as the international smart card we are waiting for, and will bring our RV?] OR THE SMART CARD (MODERN AND SOPHISTICATED) IS A GLOBAL CARD PER WHAT I HAVE READ EVERYWHERE TO DO WITH THE REFORMS. [To my knowledge, swiping "that" card is one of the vehicles that will open the budget is that true?] IF THEY SWIPE THE CARD -- THIS WOULD BE TO PULL FROM AN ACCOUNT FOR BENEFITS THAT WERE BUDGETED FOR --GOOD POINT. [post 2 of 2]
4-21-2015 Newshound Guru Millionday Article quote: "Parliamentary Finance Committee demanded, on Monday, the Iraqi government to implement the smart card system in the pay of state employees..." THE PARLIAMENT THAT HAS BEEN IN A CLOSED DOOR MEETING FOR TWO DAYS --- IS DEMANDING THAT THE SALARIES OF ALL STATE EMPLOYEES BE PLACED ON A -- SMART CARD --(ATM)...THIS IS AN EXECUTIVE ISSUE AND SUPPORTED -- NO CHOICE. I HAVE NO IDEA WHY THEY WOULD BE ABLE TO DO THIS WITHOUT ---UMMMMMM AN EXCHANGABLE RATE...THE SMART CARD IS A GLOBAL CARD -- HOW WOULD THIS WORK IF THEY COULD NOT LEAVE THE COUNTRY? HMMMM. NOW LOOK AT THAT --->>> "can each employee receiving his salary within the geographical area that houses them," --- THAT MEANS WHEREVER THEY ARE IT WILL WORK? WHOOOPOW THIS IS HUGE. [post 1 of 2....stay tuned]
4-21-2015 Newshound/Intel Guru BGG [How come the CBI still shows daily auctions?] because they are having daily currency auctions. [I thought they stopped?] They did - based on urging from Parliament... however, I suspect, for the short term - they were "instructed" to restart them (likely at the behest of Dr Shabibi)... as the primary short term tool for stabilizing the exchange rate...that has traditionally been Shabibi's stance - which is why - once he made his recent appearance they went back to something of an "auction environment".
4-21-2015 Newshound Guru wmawhite [Do you think it will happen around the 1st when the 50s are finished?] This is not date driven, instead, it is event drive. However, IMO this event may coincide with certains dates. But, IMO it is just as likely to happen on a 3rd, or a 14th or 22th of a month. So is there something significant about the 30th...Yes, IMO the door gets kicked wide open. Could it happen prior to the 30th... it sure can for other reasons....bottom line is this:..if Iraq wanted to continue for ever to use to USD they could and they would not ever have to change a thing because the world is already using the USD and Iraq has used it for the last 15 years. So why are they spending so much time educating their citizens about new currencies? Because they are very close to replacing the USD with new IQD and nobody will use it unless it is of greater value....how do I know this? Because they (CBI, GOI, Parliament) has told us this very information I just typed. Oh yes,...if Iraq was "holding off" why have they done all of what they have done up to today...why go to Davos and Berlin, and Washington D.C. to tell the world what?...we are holding off? What? How silly. Of course, IMO.
4-20-2015 Intel/Newshound Guru tman23 Those who may recall my explanation of the function of the ESF (exchange stabilization fund) inside the UST...they are the architects that make economies work regarding exchange rates...Jack Lew commenting on exchange rates and warning countries of manipulating their currencies... Point being...Iraq meets IMF in Jordan... 2 weeks later Iraq meets IMF in Kuwait with the appearance of Shabibi... Week later Iraq meets with IMF in Washington and meetings take place with the UST... Present in Photo... Abadi/Zebari/Alak (equivalent to our Obama/Lew /Yellen) ...This was not about 5 billion in BONDS as a loan...And certainly not about F16 airplanes!! (and making payments)... And you don't sit at the table in these meetings unless you have a HCL that companies can work under AND a HCL that gives you the right to claim all oil belongs to Iraq thus giving you the right to make a deal using it as collateral.
4-20-2015 Intel Guru TNT Tony Friday...we heard...that the Iraqi banks were open and doing early exchanges... Iraqis were excited because their banks had never been open on the holy day. Many people went to the bank and people got their lower denominations and fils and everyone was excited. They were hearing the process had started and we were told it was actually going through this time. On Sunday, PM Abadi told everyone about his trip, what happened, the money he got for the loans for the budget, and assistance to complete the economic reforms, including 25 million dollar deficit in their budget do to reduction in oil prices and the problems with ISIL. On the US television, they showed Abadi announcing that this week is the end of the economic strategy. He was saying that this would end in the coming days – but we have been hearing this for three months now! Now that Abadi has said this, though, it should be in the next couple of days. Our sources in Iraq have told us that riots are scheduled for this week if it doesn’t happen... It’s all great news; we are in a great place, more public than ever. We are so close to this. It’s being processed...they are doing more and more things in public that will make it happen, so we are closer and closer to the RV...they are expecting this today.
4-20-2015 Intel Guru Mnt Goat Even in the last interview with the finance minister of Iraq and Shabibi (with the IMF), it was said that in fact Iraq has ample resources and is by no means bankrupt. They were preparing the public to hear a refusal by the IMF on their request for some 700 million in funds. As investors, we of course do not want the IMF to loan them the money. This will only delay Iraq from the RV that much longer. Now having said all this what comes next? Since Shabibi made a deal with the head of the finance minister of Iraq for coming back and the deal contained these conditions: 1) his personal safety, 2) a free hand to manage the reserves, 3) a free hand to do what he needs to do to protect and stabilize the value of the Iraqi dinar, (if it means the RV than he will go forward) 4) no more interference from the GOI. So now knowing all this. What do you think Dr Sinan Al-Shabibi is planning to do next? [post 2 of 2]
4-20-2015 Intel Guru Mnt Goat FACT: Dr Sinan Al-Shabibi tried to RV only one time and it was back in 2012 and was abruptly stopped by Maliki. FACT: Weeks ago Shabibi was asked to return to Iraq and the CBI. FACT: Only 11 days ago (and once again this weekend) we read articles where Shabibi being referenced as head of the CBI. I don’t believe they will ever make a formal announcement since legally Shabibi was never formally/legally stripped of his position as the governor of the CBI. So technically and legally he never left the position. FACT: Shabibi refused to come back to Iraq unless he could be provided full security for his personal protection.. This was provided in the deal for him to return. He is not physically back in Iraq, his country. FACT: The 2014 budget law limits the currency auctions to only a small percentage of former amounts. Why did they do this? FACT: Iraq does not need the currency auctions to raise this capital for the cash flow (liquidity) issue they keep complaining about. What they need to do is to RV their currency and go international. [post 1 of 2....stay tuned]
4-20-2015 Intel Guru DC [via Adept1] In Iraq, everything is looking very good, with everything promised to happen very quickly... IN the US, everyone is ready, too. ...remember that last week Abadi and his team were at the White House, State Dept, and IMF and all those meetings were very successful. Those meetings secured financial and military help, with a few meetings about the RI/RV. A lot of merchants changed their currency to the lower denominations, including fils. Most of those coins are barely worth scrap metal, pre-RV, so why would they pass them out...the only way for that to make sense is in terms of an RV. There has been training, again on a Friday and Saturday, on the use of the lower notes and coins, for retailers. Abadi did talk to many folks on Saturday, and said the monetary reform will come in the next few days, and this was repeated in the different papers and from the CBI and Finance Ministry. Iraq is ready to go...they are tied to getting this process moving.
4-20-2015 Newshound Guru Kaperoni Article: "Parliament reads today seven laws, including anti-drug and Investment Law" ...we have confirmation it was on the agenda for today and was read.
4-20-2015 Intel Guru TerryK ...GOT A UPDATE FROM SOURCE THIS AM THAT WE WILL NOT SEE ANYTHING UNTIL WED THIS WEEK... ANOTHER MOVING TARGET.
4-20-2015 Intel/Newshound Guru Poppy3 ...THEY ARE NOT STOPPING TILL THIS IS COMPLETED...THIS WILL BE THE BIGGEST FINANCIAL CHANGE EVER AND THEY ARE DOING GREAT GETTING IT DONE.
4-20-2015 Newshound Guru My Ladies IS THERE ANYTHING TO BE EXCITED ABOUT AT ALL? THERE SURE IS. WE ARE VERY CLOSE WE KNOW THAT...WE ARE SEEING GREAT PROGRESS WITH SECURITY AND IT LOOKS LIKE THEY ARE ABOUT TO STABILIZE ANBAR AGAIN. WE ARE SEEING GREAT PROGRESS IN THE PRIVATE SECTOR, AND THE PRIVATE BANKING SECTOR. IRAQ IS FOLLOWING THE ARTICLE 4 IMF RECOMMENDATIONS TO THE LETTER. WE DO NOT KNOW WHEN THIS IS GOING TO HAPPEN, BUT AS [GURU] NOVA AND I HAVE SAID OVER AND OVER AND OVER AGAIN...THERE ARE A HANDFUL OF ABSOLUTES IN THIS PASSIVE INVESTMENT AND SO FAR IRAQ HAS NOT BROKEN ANY OF THEM. SO WE MAINTAIN A HIGH LEVEL OF EXPECTATION...HOLD ON A BIT LONGER...IT IS ALL COMING TOGETHER!
4-20-2015 Newshound Guru Aggiedad77 Article: "Parliament to raise its 28 April" Today's Parliament session did get through the second reading of the Investment Law...woohoo...some progress...as well as a couple of other readings...then announced its next meeting to be April 28.
4-20-2015 Newshound Guru Millionday Article quotes: "Iraq plans to cover the budget deficit for the current year amounting to more than 25 000 billion dinars, through internal and external borrowing and amounts retained cash in the Ministry of Finance account..." "The government is facing a deficit of $25 billion in the current year's budget..." THE BUDGET DEFICIT OF MORE THAN 25000 BILLION DINAR. THEY ARE TO ANNOUNCE THE BOND PLAN SOON FOR THIS YEAR (NOT GIVING A TIME) AND --- THE HUGE NEWS IS THAT THE REMITTANCE SYTEM HAS REDUCED THE NEED FOR ALL EXTERNAL BORROWING ENTIRELY ---AS WELL AS THE INTEREST ON THE FOREIGN LOANS -- THEY WOULD LIKE FOR INTERNATIONAL INTEREST TO BE REMOVED AS WELL -- THEY NEED >>NO<< EXTERNAL BORROWING -- WHOOOPOW. [Is not the deficit 25 Billion (USD)?] IT IS 25 BILLION US DOLLAR --- WHICH ACCORDING TO THIS IS 25,000 BILLION DINAR. ISNT THAT STRANGE? SMILE.
4-20-2015 Intel Guru TerryK WE MAY HEAR OF AN ANNOUNCEMENT TOMORROW [MONDAY] FROM ABADI. [so, you are hearing maybe in the next few days?] IM HEARING IN HOURS... NOT DAYS. [I also cannot imagine a rate of 86 cents. They need a higher rate than that. IMO.] NOT WHAT U WANT OR WE THOUGHT... BUT EVEN IF THEY DO THAT .86 X 25,000 IS NOT BAD FOR AN INVESTMENT...21,500 PER 25K NOTE. [...if it is it won't be there for very long.] I AGREE. COME ON RV...IM HOPING THAT TOMORROW [MONDAY] BRINGS US OUR BLESSING.
4-19-2015 Intel/Newshound Guru Backdoc REGARDLESS OF WHEN THEY DECIDE TO IMPLEMENT A RATE I DOUBT WE WILL SEE THE SMALLS (denominations) FOR A WHILE. IMO THEY WILL CONTINUE TO FORCE DOLLARS FOR PERSON TO PERSON TRANSACTIONS WITH THE MONEY CHANGERS TO IMPROVE SECURITY THROUGHOUT THE COUNTRY WHILE PREVENTING DINARS GETTING INTO THE TERRORISTS HANDS! THIS ONE WAY TICKET WILL FORCE THE MONEY CHANGERS TO GIVE UP DINARS UNTIL THEY CAN'T GET ANYMORE OUT OF THEM... BY STAYING DIGITAL IN DINAR AS I SAY, THEY WILL BLEED DINAR OUT OF THE MONEY CHANGERS HANDS SINCE IT WILL BE THE ONLY WAY FOR THEM TO MAKE MONEY! THE DIGITAL CURRENCY CAN BE ADJUSTED FOR VALUE, SINCE THEY HAVE COMPLETE CONTROL OF THE NOTE COUNT DIGITALLY! THEY WILL KEEP SILENT ON THE VALUE ISSUE UNTIL THE RATE IS INTERNATIONAL! IN OUR OPINION!!
4-19-2015 Newshound Guru Mailman17 DINAR INSIDE IRAQ IS AT THE LEVEL THEY ARE SATISFIED WITH. THE Q CARDS ALONG WITH MOST LIKELY 75% OF SALARIES WILL BE ELECTRONIC. CASH WILL STILL BE NEEDED ON THE STREETS BUT NOT AT WHAT YOU THINK. AND THE PREVIOUS MEETING WITH ABADI AND EVERY MAJOR BIG COMPANY IN THE U.S. WENT OFF WITHOUT A HITCH. THEY ARE READY TO COME IN, AND THEY WILL NOT COME IN WITHOUT A STABLE, REVALUED, INTERNATIONALLY RECOGNIZED DINAR. THE PEOPLE IN IRAQ ARE READY, THE GOI IS READY, THE CBI IS READY, IMF AND WB [WORLD BANK]ARE READY..AND SO ARE WE. STAY FOCUSED, THIS RIDES OVER...AND IT SEEMS THAT PESKY LITTLE 86 CENTS I HAVE BEEN FORECASTING FOR 7 YEARS NOW JUST MAY BE WHAT WE ARE LOOKING AT FOR THE RATE AS ALWAYS..JMO (BASED ON NEWS AND FACTS) NOT INTEL. [post 2 of 2]
4-19-2015 Newshound Guru Mailman17 ABADI HAS STATED MORE THAN ONCE THAT HE WILL NOT...REPEAT NOT WAIT FOR ISIS TO BE CLEARED OUT TO START MONETARY REFORMS. YES, SECURITY IS IMPORTANT, BUT ABADI MUST KNOW A LITTLE MORE ABOUT THIS THAN ANYONE ELSE FOR HIM TO MAKE SUCH A STATEMENT LET ALONE INFORM IRAQS THE SAME. THE IMF, WORLD BANK AND O [OBAMA] HAVE COME OUT REFUTEDLY SAYING IRAQ IS READY AND WE HAVE YOUR BACK FOR YOU TO IMPLEMENT...NOT THINK ABOUT, NOT PLAN, NOT HAVE MEETINGS, NOT DISCUSS...BUT TO IMPLEMENT, EXECUTE, AND MOVE TO A MARKET ECONOMY...NOW..NOT LATER. APRIL 30TH IS COMING UP. THE KURDS HAVE WHAT THEY WANTED ALL ALONG...THE HCL, THE BUDGET IS DONE AND OUT, AND ISIS SHOULD BE DEALT WITH AND UNDER CONTROL ENOUGH FOR THE RV TO BE IMPLEMENTED. THAT IS WHAT THE NEWS TELLS US. [post 1 of 2....stay tuned]
4-19-2015 Newshound Guru Millionday MANY AGREEMENTS ARE INCLUSIVE OF OTHER ISSUES INCLUDED IN OTHER LAWS AND AGREEMENTS -- WHICH IS WHAT MAKES THIS SUCH A HUGE PROJECT --- ALL AT THE SAME TIME TO BE COMPLIANT. I THINK THAT THIS IS GOING TO RESOLVE THE HCL AND WE WILL SEE IT AS WE HAVE BEEN TOLD THIS IS TO BE ON THE AGENDA WITH ALL THE IMPORTANT LAWS. I JUST DONT THINK THIS IS THE HCL. ABADI PUBLICLY ANNOUNCED COMPLETE COMMITMENT FOR ALL REFORMS UPON RETURN SO I THINK IT APPEARS AS -- THIS LACK OF PAY AND OIL WILL GO AGAINST THE CONSTITUTION... AND THEY ARE GOING ABOUT THIS RIGHT AND CHANGING IT NOW... THE UNITY IT SHOWS IS HUGE HUGE AND VERY IMPORTANT. [post 2 of 2]
4-19-2015 Newshound Guru Millionday "the oil agreement between the federal government and the Kurdistan region became law and published in the Iraqi Gazette on according to the Iraqi constitution," denying non-delivery of the provincial government of Baghdad and imports nearly two million barrels of oil exported during the past months. " I WOULD LOVE TO SAY THIS IS THE HCL BUT IT IS NOT THE ENTIRE HCL... THE HCL IS INCLUSIVE OF MANY AGREEMENTS -- NOT JUST THE OIL AGREEMENT BETWEEN THE KURDS AND IRAQI FEDERAL -- BUT ALSO THE INTERNATIONAL AND FINANCIAL AND MARKETING AS WELL -- ALL ASPECTS OF HYDROCARBON AND OIL LAW TO DO WITH IRAQ. THE AGREEMENT IS JUST BEING AMENDED SO ALL ARE COMPLIANT...AND THEY ARE REACTING AS A UNIFIED GOVERNMENT. [post 1 of 2....stay tuned]
4-19-2015 Intel Guru EXOGEN Rumor that Abadi may have made a soft Announcement and the main Announcement to citizens of Iraq and the World is projected to be completed within the next 24-48 hours. Abadi Announcement is rumored to be approved by the G20 already.
4-19-2015 Intel Guru Mnt Goat The Abadi trip to the USA was very successful and set the ground work for the good that lays ahead in the coming weeks. As commander and chief of the military he was inundated with yet with more bad news of ISIS and the inability of the Iraq generals to take command and get the job done. Sorry folks no RV this weekend and for the next couple weeks maybe months, at least. All these rumors of a pending RV are just that RUMORS! On the flip side Abadi did make a speech today to the citizens of Iraq. In the speech he said next week he is going to announce a huge initiative that will solve all the economic issues for Iraq. Personally I do not think it is going to be the RV announcement we wait for but who knows for sure. On the other flip side we all should know by now that the 2014 budget stipulates the currency auctions are to be very limited. They will not bring them back! The auctions were supposed to be a temporary measure to raise capital until they gained their sovereignty. So now they have it. It is time to RV. We know it and Iraq knows it. THIS IS THE SOLUTION!
