12-3-2016 Intel Guru Dr. Clarke ...right now as we speak, the Dong rate on XE is 22,696 = $1...oh, and just so you know, right now as we’re looking at XE, the Iraq Dinar rate is 1,156 = $1...so it’s a little more valuable, and a little off the 1166 rate a tad, which means the value has moved up just a little...but the Dong value, has gone DOWN a little...that’s why we’re calling this recent move by VN to raise the Dong to the 22,700 range, a “Setup”...right before they SIGNIFICANTLY INCREASE IT’s value.
12-3-2016 Intel Guru ADMINBILL I AM LOOKING FOR THIS WEEKEND. IF THAT DOESN'T WORK OUT, I WILL KICK THE CAN DOWN THE ROAD ANOTHER WEEK. BUT MY MUST DO GITT'ER DONE DATE IS SHORTLY AFTER THE INAUGURATION. FOR THE MOST PART THE CONSENSUS FROM THOSE BEHIND THE SCENES AND THOSE IN THE FOREFRONT BELIEVE WE ARE AT THE END. IT REMAINS A PROCESS. AN EXCEPTIONALLY COMPLICATED AND PRECARIOUS ONE THAT HAS BEEN AND IS CAREFULLY MONITORED TO INSURE NOTHING, AND I MEAN NOTHING, WILL GO WRONG.
12-3-2016 Intel Guru RayRen98 We are seeing cars with ridiculous prices on sites in the Middle East, like an automobile for 149 dinar – even at $4 per dinar, that’s absurd. Others are being shown at 14,000 dinar, which at $4 rate would be $52,000, which is more reasonable. If the rate is $3, then it’s 39,000 dollars, which is more reasonable. Iraqi television is saying that ‘mosul is imminent”, which is better than Abadi saying “Mosul will be liberated by the end of the year”. People over there are saying the rates have changed in-country, ranging from 86 cents to $1.16. Basically, the dinar is at 1:1 parity with the dollar. We are looking forward to this closing out this weekend, ready for the IMF meeting on Monday, 5. December. If everything stays in accordance with the plan as I am hearing it, we will see a full public release this weekend...Everyone is waiting for the full Iraqi dinar. That’s the one I came on board for, and the other currencies should follow suit. [post 2 of 2]
12-3-2016 Intel Guru RayRen98 We can’t do anything about those holding the strings, but we can look to Iraq to see how close we are to the finish line, ready to step over. I think we have more sound information than in the past. We got all these bits of information, and they all boiled down to yesterday, with the new banking laws, the Budget, the IMF loan, and so on. Because we don’t have a public release right now, that doesn’t mean we won’t have one this evening or this weekend. A lot of things have been done to bring this public. I don’t see anything else that needs to be done... The Budget has supposedly been postponed until Saturday, but we know they are trying to get this done, and it really has to be done by Monday, when the IMF meets. The Budget is supposed to have the RV factored in. [post 1 of 2....stay tuned]
12-3-2016 Intel Guru Dr. Clarke [If Mosul is not finished in December, will that delay this longer due to “security” concerns?] As of “Right Now”, the TIMING of Mosul, is irrelevant, as to the increase and International status release of the Dinar. Nothing you hear or see about Mosul, will be an accurate description of what’s really going on there, especially from here on out - and that’s why you hear so many reports that conflict with each other. It’s supposed to. This is war. Forget about Mosul and the timing of the Dinar. We’re now past that stage of concern, and strategy. ISIS is already contained enough, and has been for a few weeks now, in order to increase the value substantially and make it International in status - OFFICIALLY - which means it’s FORMALLY ANNOUNCED & printed on the CBI WEBSITE. Until this happens, it’s ALL just hearsay, and means nothing - BECAUSE, you can’t go exchange it - YET.
12-3-2016 Newshound Guru Breitling Here’s the difference between Iraq and Turkey…the one thing you need to understand is that Turkey got rid of the three zeros on it’s notes. In other words their note count never changed. They never took any notes out of the market…why is Iraq taking physical notes out of their market? ...Turkey took three zeros off their currency, they didn’t take any physical notes out…they pretended they reduced the note count by taking the three zeros off the notes. We know Iraq is not doing the same thing. Why? Because they physically took notes out of circulation. They already retired the 50 dinar note. So they went from 9 billion notes to 6 billion notes. Did they take any zeros off in that process? No! They went from 6 billion to 4 billion. Did they pretend there were any zeros off their notes at any time? No! Did they retire any notes that they had out there? Yes…they retired the 50 dinar note. How people don’t see the difference..either they don’t or it’s just too much to handle. This isn’t for everybody…It can’t just be on hope and prayer cause you end up loosing. There has to be logic somewhere.
12-3-2016 Intel Guru Blondie Article from Iraq surfaced within the last number of hours quoting U.S. Secretary of Defense Carter Ashe as saying "he was confident that the days of a few Daesh in Mosul." Great news! Formal Mosul liberation appears to be close at hand!
12-3-2016 Newshound/Intel Guru BGG ...they are working with us, the IMF, the UN and the world...they need international acceptance. Iraq's currency situation is getting better and better - ISIS money being destroyed. AND - we've got the major players hunting "smuggled currency"... DAILY. My guess...there is likely 10-20% of the outstanding currency there was a couple of years ago... Economic and monetary reform is already on the way (started)... HANG ON!!
12-3-2016 Intel Guru Bluwolf We are close people. All the loops both on the political as well as in greedy established ones have been dealt with in its entirety. One last word, just have everything ready.
12-1-2016 Intel Guru Dr.Clarke [What do you and yours think about how this goes down whenever that might be? Do you think the mainstream talking heads will mention any of it or just watch it come and go quietly?] YES, this will hit mainstream media BIG TIME... Reason it will be International big news, is that they want to RUN UP THE VALUE, ASAP ON FOREX and in all trading market platforms. Much MORE $$$$$$...dah?
12-1-2016 Intel Guru Blondie Recent articles are saying they're moving the voting on the 2017 budget to this Saturday in order to add some amendments of a "political nature." Let's hope they get it done!
12-1-2016 Intel Guru Dr. Clarke [...do you see the Dec 7th IMF meeting moved up to Dec 5th a good sign of them showing a rate?] Yes, the IMF meeting is big, but the date is not that important. What is important, is that they are formally meeting - not for anything NEW, but to finalize what is already done.
12-1-2016 Newshound Guru mike ...the banking stuff is probably one of the most important parts of the process. Over and over I read articles about how Iraqi's not only avoid the private banks, they openly complain about how they operate and treat their customers. I don't see any movement with the currency until the banks are up to speed and able to facilitate the banking transactions that are necessary to support an open market economy. In the end, I've read these article for over four years now, they always say they're "making progress" but the time "just isn't right" to slowly remove the zero's. The brightest ray of sunshine is the fact that they're not going to lop the zero's off...they're going to use a process to raise the value. All we need is for them to determine when "the time is right" to get the ball rolling. ...this is an opinion... [post 2 of 2]
12-1-2016 Newshound Guru mike Article: "Keywords: our agreement with the United States aims to prevent the financing of terrorism, money laundering and delete deferred zeros" I'm willing to bet that there will be no lower denom's in early 2017, in fact, I would say it's practically impossible. Adding value to the dinar is a process; MCP, liberalizing exchange etc, that isn't happening overnight. Even in a perfect scenario, the IMF have told Iraq they need to control the MCP for a minimum of 90 days, then they can accept the responsiblity of Article VIII and begin the slow, laborious process of raising the value of the dinar. ...articles...are telling us that Iraq isn't ready...yet. I don't think we're seeing these article's from Keywords by chance either, this guy's under a lot of pressure for the loss of the reserves through the corrupted auction's, he's telling everyone, as loudly as he can, that there's nothing to see here, we're on track to a better place and prosperity. [post 1 of 2....stay tuned]
12-1-2016 Intel Guru Dr. Clarke [ANY THOUGHTS ON THE DONG? ...Do You think the Dong is ready now for a revalue.] The status of the Dong, is exactly the same, as it’s been for the past 2 months...waiting on the official ISIS statement of Safety & Security...ISIS, spans the globe, and has infiltrated financial arena’s...the DONG has nothing to do with Iraq’s Dinar Currency! It DOES, have EVERYTHING to do with ISIS - which is primarily IN the country of Iraq. So, the two are linked...IT'S READY RIGHT NOW, AND HAS BEEN FOR QUITE SOME TIME. Why do you think it Just went to an All-Time high value, agains the dollar last week? Can you say, "SETUP?"...yes, believe it.
12-1-2016 Intel Guru Blondie Starting in December, the head of the CBI has announced (in available articles, this is public information) that Iraq will implement specific international standards with respect to anti-money laundering (OFAC List, Know Your Customer, Source of Funds), the same techniques required by financial institutions here in the U.S. and other nations. This keeps money not only out of the hands of ISIS, but other money launderers and helps put an end to the corruption that has been so rampant in Iraq. Doing these things is certainly a major step in the right direction.
12-1-2016 Intel Guru Dr. Clarke ...mark our words with 100% Certainty, this month of DECEMBER 2016, WILL NOT PASS, WITHOUT IRAQ substantially raising the Rate & Value of their Dinar Currency AND Officially declaring it FULLY INTERNATIONAL in status, of which, ANYONE outside the country of Iraq, will be able to TRADE OR EXCHANGE it, for Legal Tender. ...this situation with Iraq having a currency, that is only usable, tradable and qualifiable, only in the country of Iraq, at a very nominal value - IS ENDING IN THIS MONTH OF DECEMBER 2016. WE COULD NOT BE ANY CLEARER, OR PRECISE THAN THIS...“EXCITEMENT” should be your key word every day for the entire month of DECEMBER...
12-1-2016 Intel Guru ADMINBILL THERE IS A VERY REAL CHANCE THAT THE CAN IS FAR TOO FULL OF CONCRETE TO KICK AROUND MUCH FURTHER. MY WINDOW CONTINUES TO BE FROM NOW UNTIL THE END OF JANUARY WITH MY BEST WINDOW UNTIL MID-DECEMBER.
11-30-2016 Newshound Guru Aggiedad77 Article quote: "The first agreement of its kind between the Federal Reserve Bank and the US Treasury on the one hand and the Central Bank of Iraq, on the other hand, entered into to control the dollar remittances and ensure the prevention of access to illicit destinations," noting that those "The agreement includes cooperation, coordination and exchange of information and financial data relating to the sale of foreign currency and circulation." Remember this article...the UST and FED RES working tightly with the CBI...oh how full of stars this is getting to be...
11-30-2016 Newshound Guru Kaperoni Article: "Keywords: our agreement with the United States aims to prevent the financing of terrorism, money laundering and delete deferred zeros" Quote: "...the bank will start applying the certified standards internationally in this regard the beginning of December next, with the exception that the process of removing zeros from the local process requires the availability of appropriate conditions, including the general stability in the country, he pointed out that the bank continues to technical preparations in this regard." ...the CBI is stating, were not ready to delete the zeros yet, but we are moving the banking system forward to engage with the global banking system. Does anyone see the importance of this? It is another clear sign that the CBI has no intention to LOP the dinar. If they did, they would certainly do it prior to bringing the world's financial system into play. Stating it as they do, IMO only confirms that they intent to raise the value of the dinar as we have stated for years.
11-30-2016 Intel/Newshound Guru tman23 "the Central Bank of Iraq has not set a date for the deletion of zeros from the currency dinar,” Did Shabibi not say...The deletion of the 3 zeros must be done at the start of the NEW YEAR...AND not in the middle of a quarter or the middle of the year...A timeline by a credible source! AND the current CBI governor said in recent articles...EARLY 2017... ...I'LL GO OUT ON A LIMB AND SAY WITH-IN THE FIRST 10 DAYS OF 2017... “the Bank Enter accredited international standards by an international auditing firm for the classification of financial and banking institutions, including ensure compliance with the requirements of the compliance of the law against money laundering and terrorist financing for the year 2015, where it will be applied to the beginning of December next.”...ERNEST AND YOUNG WERE TO FINISH UP MID NOVEMBER...AND SO AS SUSPECTED WE WOULD SEE THIS TYPE OF ANNOUNCEMENT AT LEAST 30 DAYS BEFORE THE "HAPPENING"! ...12/15 - 1/3...
11-30-2016 Intel Guru SteveI I talked to [Guru] Millionday and...she feels we are right on top of this finally happening by the first of the year.
11-30-2016 Newshound Guru Adam Montana We're heating up right now, not quite on fire, but the burner is on! I'm watching the news like a hawk, day and night, no time or need for sleep right now. REALLY excited to see how this continues!
11-30-2016 Intel Guru Frank26 I strongly believe that there is a change in the rate and I strongly believe that it will be reported very soon... IMO...PURCHASING POWER was given to the citizens IN-COUNTRY and is now 1 to 1 with the USD. IMO...their currency is worth one dollar...The American Dollar is PEGGED to the Iraqi Dinar. ...they took 1188 away from the AUCTIONS...to put in a TRANSITIONAL RATE...which has been well hidden. We want this TR (Transitional Rate) to go INTERNATIONAL...to the FOREX...and it will climb faster than a Saturn rocket. We’ve been waiting for “INTERNATIONAL!” The 5th...which is THIS COMING MONDAY...HELLO! This date...for the IMF ...the “target date” is to see if they have complied with the IMF requirements. I believe they are Article 8 compliant. It’s a one-way street. Abadi adjusted 2 things in the budget that the IMF demanded...it’s ready...
11-30-2016 Intel Guru Dr. Clarke It looks as though Iraq will substantially & publicly raise their Dinar rate of value, over the next few days, but the Official International status, will not be granted until December 15-31, 2016. This means, that official Public trading & exchanges outside Iraq, will not begin, until after December 15, 2016, through the end of the month...This change is due primarily to the question about Oil pricing, the value of the U.S. dollar, and the status/timing within Mosul. The push is to complete this FOR SURE, in the month of December 2016 asap, with a full International Rate & status established, as quickly as possible. As of "right now", Exchanges outside the country for everyone, will begin sometime from December 15th forward...In our Opinion...The rest of this week, into this weekend through the 5th, will be "Very Interesting"...It will soon be, a Very "Happy New Year".
11-30-2016 Intel Guru Bruce The information that has come out recently is very good as far as the proximity where we are...Information now is we are coming down to the wire. They have done an announcement in Iraq and recorded it. This announcement would include the 2017 budget for Iraq, the discussion about the amendments of the HCL Law, and there might be something about the International banking law. I think what we are looking for is also IMF to mention or an announcement...That announcement had to do with the loan of the IMF to shore up the credit in Iraq which is quite high. It will help to increase the amount of credit or credit score. That...should happen tomorrow morning [Wednesday] our time here. We haven’t heard new rates on Dong and Dinar but they were very high the last I heard. We are ready. Everything is ready. They do want this to go by Thursday. A very short window to come through if we are going to make that. I think we can look closely for the notifications to come in at any time.
11-29-2016 Newshound Guru rcookie JUST READ THIS HEADLINE... "Jubouri: Parliament ongoing legal legislation in which they can change the reality of this country" NUFF SAID...
11-29-2016 Intel Guru Frank26 The RV...and the MCP end at the same time! ...in Iraq... extremely soon...you will only be able to buy a hamburger in Iraq with IQD. It is not that the value of the American Dollar is going down...it is the AVAILABILITY of the USD that is going down. In the year 2016...which was an IMF requirement...They had to become a...one currency strong nation. This is what Iraq is about to tell you. The MCP (Multi currency Program) will stop this year in 2016...IMO. The IMF changed the meeting from the 7th to the 5th...they have a target date. In 2016? It really depends on Iraq. The ball is in their court. If they are going to meet on the 5th of December ...may I suggest that that rate be available BEFORE the 5th? In fact, the IMF made it very clear to them...if they don’t have a change in their rate...there is no point in meeting with them on the 7th! And now they changed it to the 5th! ...ahead of time?! [post 2 of 2]
11-29-2016 Intel Guru Frank26 There will be an economic explosion in Iraq in 2017...starting with the contracts...they are using rates that are NOT of the program rate. ...there are 3 contracts that we are following...that have completely different rates. Then all of the sudden...last Wednesday... they are now with NEW contracts. What are they? Infrastructure – they are bringing in companies... INTERNATIONAL companies...the commercial contracts and the infrastructure contracts were NOT based on a program rate...IMO...they were based on a “Transitional Rate”... ...how is that possible under their sanctions? ...IMO...they qualified to do this. ...look for these big companies to start pouring in...Look for DOW Chemical company. Look for AT&T. Look for textile companies...look for merchandise companies...look for especially communications. All infrastructure will explode in February 2017. [post 1 of 2....stay tuned]
11-29-2016 Newshound Guru Adam Montana [...bout time to hear some good news go go Rv?] I am not going to sugarcoat this, YES IT IS about time! We've waited a long time to get into a situation this positive! [reference Adam Montana post 11-28-2016]
11-29-2016 Newshound Guru rcookie Article: "Iraqi Kurdistan displays oil deliveries to Baghdad" Quote: "The President of Iraq's Kurdistan Regional Government, Nechirvan Barzani, was ready source of oil delivered to the federal government in Baghdad, against the payment of salaries of employees of the province, to welcome the Iraqi Oil Ministry this step, which is a breakthrough in the list between Baghdad and Erbil oil crisis." KURDS ARE TURNING OIL PRODUCTION OVER TO CENTRAL SO TO FACILITATE OIL AGREEMENT AND COMPLIANCE OF REGIONAL COMMITMENTS TO RECEIVE THEIR 17%...
11-29-2016 Intel Guru ADMINBILL ALL NEWS COMING IN IS POSITIVE. ACTIVITY AND REPORTS ARE POINTING TO THE FIRST PART OF DECEMBER. MY WINDOW REMAINS NOW THROUGH THE END OF JANUARY.
11-29-2016 Intel Guru Frank26 ...the Budget. Will the budget they are working on come out with a new rate? IMO...no. Can it come out with a new rate? Oh yeah. Is the budget ready? Yes...because Abadi told you so a few days ago. What did he say in the article? That it was being postponed... The new rate will NOT come out from the new budget...but from the CBI...when they are good and ready. All of this comes from a “play-book” or plan. The budget will be in dinars. That is a VERY IMPORTANT FACTOR... If they have the new rate in it...they are not going to tell you about it. IMO – the budget will not wait for the new rate...it moves on. When the new rate is out...EVERYTHING can be easily converted to the new rate that they are working on with the MR.
11-29-2016 Intel/Newshound Guru Mnt Goat Article: "Abadi adviser (Saleh) calls for the establishment of a new bank to finance trade and private sector" This is amazing news! It is WOW news. ...they are telling us the currency auctions {by the CBI} will end and be replaced by a separate bank that will handle international currencies. I quote from the article above – “to set up a new bank for trade finance” and “the trade must be regulated by the government, but without restriction”. ...So what other currencies would they be so worried about in dealing with foreign remittences. Why would they need a separate bank just for this effort if they did not expect to be conducting trade with many other countries and converting many currencies of these countries? ...The part about “without restriction” says it all. This means a free flow of monies during trade. Yes – this is needed if they are going to get out of their “closed” economy and open up an unrestricted trade with international countries. Folks this is just another tell-tell sign they are about to go international…WOW!
11-29-2016 Newshound Guru rcookie ...ALAK....SALEH AND FINANCE COMMITTEE MEMBERS HAVE OUTLINED 7 LAWS IN ADDITION TO THE INVESTMENT LAW AND OTHER ECONOMIC & FINANCIAL ACTS IN NEED OF AMENDING...
1. CENTRAL BANK LAW NO. 56 (2004)
2. FEDERAL BANKING LAW NO. 94 (2004)
3. COMPANIES LAW NO. 21 (1997)
4. IRAQI STOCK EXCHANGE LAW NO. 74 (2004)
5. FINANCIAL ADMINISTRATION ACT
6. INTEGRITY COMMISSION ACT
7. PFM LAW AMENDMENT & INCORPORATION TO 2017 BUDGET LAW
You think you know about the US dollar?
The price of the Iraqi dinar against the Arab world currencies 7-26-2016
Kap / Tlar & Dinar Alert Member Discussion
Iraqi dinar against other currencies on July 23, 2016
Foreign currency price of the Iraqi dinar on Wednesday January 13 2016
Arab and foreign currency prices in front of the Iraqi dinar on Wednesday 2016/1/27