Below are the latest guru updates from late last night and yesterday...be sure to check them out before you leave...
6-4-2014 Intel Guru DC [avia Adept1] For the last nine weeks, it’s been down to the wire 3-6 times per week, and several times it’s been within minutes. They could have done it at that time. It’s a day-to-day tactical fight now. The opposition has agreed to back off a little bit, and they are trying to get this through. There are only a few little things that need to get done. We are really close. [How close are we to touchdown today?] We are back on the ½” line, really, really, really close. [Is the VNN still in the first basket?] Yes, the VNN Is in the first basket, and the rates are better than we expected. [Are there still four rates on the IQN?] Yes, four rates on the IQN.
6-4-2014 Intel Guru TNT Tony [Will the deletion of the zeros affect us (for dinar)?] They will not affect us at all. The rates will be applied without deleting zeros. [Have you heard how many zeros may be deleted off the Zim?] I go with the worst case scenario... They have changed the number of zeros during the process, so I would go with the worst, which is 9. Anything else is a blessing. [post 2 of 2]
6-4-2014 Intel Guru TNT Tony [via Adept1] Today...everybody has agreed to disagree and ‘let’s just do this’. We are in a super-fantastic position and this should be a great week. it’s a great day to be a dinarian...and we should be celebrating what they accomplished yesterday evening. A great wall was broken through last night, and everyone is saying “Okay, go ahead”. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the peaks and valleys of the past couple years on the HCL saga, we are nearing the highest peak I have ever seen and I am looking forward to the coming days! Maliki, for his part, is indeed reaching out to the Kurds…with a successful resolution of the HCL I strongly believe they will grudgingly (and temporarily) overlook their disagreement with his win… this will be resolved shortly. I still believe he will continue as PM, and I’m not disturbed by that at all. In fact, I think this rough patch right now while the election results are being finalized is a GREAT time to break down some of the barriers to the HCL, which is going to be GREAT for pushing through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we near the finish line. WOW again! I am concerned about some of the false information now coming out of the Iraq…This is serious and it is getting simply ridiculous and almost laughable. It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED TO... I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK AND WILL NOT SURVIVE...SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO PROGRESS AND HELPING THE PEOPLE OF IRAQ...THEY WILL NOT ALLOW HIM TO DOMINATE THE COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I am glad to see that they are close to resolving this issue. The last thing we need is to have this drag out for a year as it did four years ago. Also, even if Maliki is returned as PM, we will at least have someone who has "stated" that he is ready to move the country forward. So, I say this: get the politics out of the way and let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National Alliance will be passed within the next two days" This article is unfortunately offset by others today including the one in which Maliki himself announced that he has 175 votes, more than enough to return him to the PM slot. It appears, at least at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would "whittle away" at the other small parties until he was able to create a new majority. From the sound of his own statement, he has done this, and will announce the new government alliance, led by himself, in a few days. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a government are realized by 175 votes secured" Whether this is true or not is not important..the stage that Maliki is setting is. He has always said he is the only one for PM and only he is the one that can do the job. By starting this talk he is creating doubt in the other blocks solidarity and one by one they tend to lean back to him as time passes and delays become an issue. My money is on Maliki continues to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated states what it would be -- that is why the dong is not the same as the euro -- usd -- etc and they are not the same as each other -- they are calculated in their country and that is the calculation and how the rate is calculated will be the result of the rate -- its not just the gdp but that is the most of it -- how it is backed as well and there are few other things that go with the calculation and how the rate is calculated will be the result of the rate -- rates are all different and it goes by each country...at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the economy discuss the procedures and mechanisms that will be adopted to improve the performance of the bank" at least 5 times in the 2013 Article IV Consultation the IMF stated that the CBI should look towards accepting Article VIII. That was well over 15 months now. As well, the TIFA agreement signed in March 2013 stated "freedom of movement of capital" by the end of the year (meaning 2013), so this is not a long ways off IMO. The CBI will make the move soon. As for a timeframe of compliance, we can only hope it is short (few weeks), but I have seen somewhere in a report on the IMF website a statement referring 90 days. That was not directed specifically at Iraq but was talking about maintaining stability of the exchange rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this article...is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON...SO MAYBE TONIGHT WE MIGHT BE ROCKIN...WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been good! Things appear to be solidly on track.
6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm thinking that this is incredible news. The two governments could be meeting and talking about anything...BUT add to that meeting one single solitary individual...someone who is not tied to the government of either entity sitting at the table...the one man in charge of the Central Bank of Iraq...put him in the same room with "these two" governments and that gets the juices flowing...this meeting...needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI...THEY WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM NOW...[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING NOTES OF THE MEETING...TIMING OF THIS MEETING IS OF VITAL IMPORTANCE... IMO...We may hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and achieved the majority needed to form a government" I promised you that Maliki was not down and out...I believe he has learned the stealthiness of most wary of cats...in the dark of the night he has amassed this following...he wants to get the government formed quickly. Article: "Maliki: we have achieved the necessary majority to form a government" Maliki spoke to Iraqi citizens on national television to announce he now has 175 seats of Parliament supporting him...Maliki claims that his opponents are seeking to install a weak PM that will allow certain blocs to pass laws that will not be contested by anyone, such as Maliki now...
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set before the ISX goes live?] yes, the reality rate should be set before they go live because the largest product they have is the dinar and the price index would only make sense in trading shares with a fair market value...this is to be live by the end of june and ready in the middle of this month... they are going global according to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it does seem so Friend...Always keeping in mind that the Minds of the Middle Eastern World run on a very slow clock. Incredibly...Their famous procrastination slows and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the "pro-Maliki" spin in the market place right now are the vast fortunes he's spending on advertising...as far as he's concerned - this is still his "election cycle". I won't count him out - but he's not nearly as "well off" as some...are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with the formation of the new government to stand alone for a vote. IMO, we will not see a budget until we see the next government. [so if we do not see the budget till the next govt...can we still have the RV without the budget? seems they have to have that new rate in place to put it in the budget...is that right?] i have never subscribed to the notion that the budget was awaiting the rv'd rate or would reveal the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or 1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?] it will be the exchange rate that you would get as if you were traveling and will be global. [Are they still waiting to see who the next PM will be before RVing?] i have not seen that they are waiting for the PM to be named for anything economical...i dont see that they are waiting for anything in ink -- i dont even see according to the statement by the gov of CBI, Turki that they are waiting on the budget so without anything in ink or by press statement -- i cant say that they are waiting on anything...we dont have the date but they seem to be saying that they are working on moving iraq to a market economy.
6-2-2014 Newshound Guru Kaperoni Since almost 100% of the countries income is in USD, the budget is in USD and converted to Dinar for funding purposes. Salary increases have nothing to do with exchange rate and no, there is no RV hidden in the budget.
6-2-2014 Intel Guru DC Are there people that would like to delay this? Yes, but they have gotten to the point where people are saying enough is enough. It is on a day to day basis right now. [Iraq debt with the DFI funds, they had 10 days, is that extended? Have they paid them?] My understanding is yes. I know that more than one country got paid at the new rate & the rest real soon.
6-2-2014 Intel Guru TNT Tony Not a lot of news today but today is a superfantastic day. In Iraq, the GOI is announced all except 1 major position. [Could it happen anytime?] Yes. I believe it is really, really soon. It's on track. We are absolutely close.
6-2-2014 Newshound/Intel Guru Eagle1 When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased. ...Acting Governor of the CBI, Abdul Basset Turki...two years ago...said (and I'm paraphrasing him), "When the public sees the release of the actual value of the Dinar, they will be shocked!" Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes. While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset. We really are near the end of this ride! [post 3 of 3]
6-2-2014 Newshound/Intel Guru Eagle1 We have a two-step process in the works. The first step is what the international banking community is referring to as "a general RV." This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value. The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value...the IQD is the "base currency" for this process. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the "general RV" and the GCR. [post 2 of 3....stay tuned]
6-2-2014 Newshound/Intel Guru Eagle1 Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset. This is a process...it is not a simple push of one button. There are -- based on my sources -- not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public. [post 1 of 3....stay tuned]
6-2-2014 Newshound Guru Aggiedad77 Article: "UPDATE 2-Iraq threatens legal action against any buyer of piped Kurdish oil - Reuters" It is odd that Maliki and his government is making such noise against the Kurds at this point...seems to me that if he was attempting to court their alliance with regard to the recent elections...he might be making "concessions" instead of threatening suits left and right over what the Kurds have done with their oil...I honestly believe it is not the Kurds intention to renege on the percentage of the revenue that is due to be passed back to the GOI...what is lacking totally in this equation is simply a matter of trust by either side...none...NADA...petty children's games being replayed by adults.
6-2-2014 Intel Guru MarkZ Things are looking GREAT...there is no need to worry. [are you feeling very strongly that this is our week? like early this week?] I FEEL great. [Are you still. Feeling good about by June 15?] yes...
6-2-2014 Intel Guru TerryK I WAS ADVISED...10 LAWS WERE PASSED THIS WEEKEND IN IRAQ...10 IN ONE DAY. A LOT HAS BEEN GOING ON AND I AM BEING TOLD THAT THIS IS TO GO DOWN TODAY AND WE SHOULD SEE IT TOMORROW. I HAVE A NEW RATE... 9.23. TREAT THIS AS A RUMOR.
6-2-2014 Intel Guru Mnt Goat Two major, major events took place and both very significant for us dinar holders. The signing of the final paperwork for Iraq to enter the WTO and the amendment to EO 13303 freeing up the assets of the CBI, now no longer under sanctions within the USA. It is my strong feeling we are looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government line up. This I believe has to happen and this I believe will be the grand finale. I certainly hope it all happens prior to this date. [post 2 of 2]
6-2-2014 Intel Guru Mnt Goat Maliki is simple not getting the support he anticipated. What I cannot understand is how some can still cling to the notion that Maliki has won a 3rd term as prime minister already. I do not expect that Iraq will take 5-6 months to form this new government as in 2010. This government should be formed quickly since they have been planning for this since 2012. [post 1 of 2....stay tuned]
6-2-2014 Newshound Guru Kaperoni Article: "Concerned : non- adoption of the budget is causing economic recession" Quote: "that under the current circumstances make it difficult to control the exchange rate of the dollar due to the central bank to pump large quantities of hard currency to the money transfer companies." ...until they open the banking system to the world, these banks are nothing but currency dealers...and now we see through this article, that business may be in jeopardy as a result of allowing money transfer companies to go direct to the CBI. This may be more than just the reduction of the spread (Official Rate/Market Rate), but the indication that the CBI is planning to move to Article VIII much more quickly that we may have thought so these banks can do real business!
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE ...from the economic plan for Iraq. Quote: "...oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates..." ...Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this...tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well -- during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry...
6-2-2014 Newshound Guru Aggiedad77 Article: "Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil" There are many points to this article....but basically with the exception of one point...it is all old news.....the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections...this is not some effort of other blocs....primarily believed to have been Najafi's delay tactics...it really doesn't matter, the fact is they have sat on their hands for almost 2 months now and haven't done anything or made any attempt to even look at the budget...meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING...THAT IS NOT THE WAY IT WORKS...THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER... WELL SOME DAY THERE WILL BE ONE THING LEFT BUT...THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT...AND THAT IS WHAT THEY ARE DOING...IS IT TAKING LONGER THAN THEY THOUGHT...YES...IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS...LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW
Kuwait contracts with De La Rue to produce polymer currency
Sterling hits 3-yr high vs Aussie, subdued against US dollar, euro
Tlm discusses reserves.
Kap / Tlar & Dinar Alert Member Discussion
FOREX-US dollar falls across the board in thin volume