NEWS, RUMORS & ARTICLES
1-29-15 Tlar: Anyone knowledgeable about economic investments knows that half of the success of a given investment is timing. I would be surprised if they ignore the timing altogether and go back to business as usual.
Just as the Abadi government’s credibility was at stake in getting this budget passed, I believe the CBI's credibility is now at stake on their program to delete the zeros. Do it or shut up about the deletion of the zero program.
Their citizens have to be more tired than we are hearing, hearing and then hearing again about a future better life and bringing purchasing power to their currency.
Somewhere this has got to come to fruition and the timing says that's now. Timing is everything. To drag this out another year would kill the momentum they have achieved IMO. Comment
1-29-15 Mailman17: I SEE THEY HAVE THE BUDGET KNOCKED OFF THEIR LIST AS WELL AND THE 17% TO THE KURDS. I JUST WANT PEEPS NOT TO BE ALARMED THAT THE BUDGET IS STILL IN TRILLIONS. THE FACT THEY HAMMERED THIS OUT IN JAN IS A FIRST.
THE BUDGET CAN ALWAYS BE ADJUSTED BY THE STROKE ON A KEYBOARD TO REFLECT THE RV. SO DON'T WORRY ABOUT THAT. IMPLEMENTATION OF QUITE A FEW THINGS IN THAT BUDGET NOT TO MENTION, ISX INFO SAY THEY WILL HAVE TO HAVE A REALITY RATE. LOOK AT PAST NEWS AND REMEMBER WHAT'S ENTAILED FOR IRAQ TO SUCCEED ... A STABLE, RECOGNIZED AND VALUED DINAR.
AS FAR AS IMF GUIDELINES ... IMO ... THEY DO NOT APPLY IN THIS MATTER. EVEN UNDER ART 4 CONSULTATION BACK IN 2013, NO WHERE DID IT SAY IRAQ MUST FLOAT ... PERIOD. THE IMF AND THE CBI WILL ASSIGN WHATEVER RATE THEY FEEL IS SUSTAINABLE FOR IRAQ TO SUCCEED AND A FLOAT FROM 1166 IS NOT AN OPTION. PERIOD ... JMO. Comment
1-29-15 walkongstick: Urgent Parliament vote on Article 59 of the draft budget, which provides for the publication of the law in the Official Gazette facts Law.
Baghdad: Euphrates News: House of Representatives voted on the fifty-ninth article of the draft federal budget for the fiscal law for the current year, which provides for the deployment of law in the official newspaper the facts as of 01/31/2015. Article Link - Comment
1-29-15 wilbur grodan: MARKET ACTION today finely tuning for the BIG SURPRISE. SANTA ARRIVES AT NIGHT. Comment
1-29-15 Dr. Mark: One must ask the question: Why did the government of Iraq allow the news media into the voting chambers?
1. I believe it was to let the Iraqi people know their government is doing their job for a better Iraq.
2. To hold politicians to their commitment to support the budget laws as they had agreed to previously.
3. To let the entire world know they are moving forward and that the commitment to change has occurred economically and they won't be stopped.
Synopsis: The news doors were opened, not to let the politicians out ... but let the world in! IMO. Comment
1-29-15 R.V. / GCR: You need an operational rate announced … the United Nations will do that this evening most likely before morning. Comment
1-29-15 Randy Koonce: The Iraq budget was passed today but that does not mean that they will RV their currency tomorrow or the next day. It is another pressure point being put on those causing the delay of the RV. It was a necessary step before completing the RV but Iraq has had budgets passed in latter years and still did not revalue their currency. Things are still looking good, just remember to ... BREATHE. Comment
1-29-15 The Wall Street Journal: Iraq’s Parliament Approves 2015 Budget Following Oil Price Debate. Iraq’s parliament has approved the country’s 2015 budget following weeks of debate on lower oil prices and how to write in a landmark oil export deal reached last year between Baghdad and the northern Kurdistan region. Article Link - Comment
1-29-15 TerryK: BUDGET READ, APPROVED, VOTED ON AND APPROVED ... GOES IN PAPER SUNDAY ... ALREADY ANNOUNCED. THE BIRDIE IS TELLING ME WE MAY SEE THIS TONIGHT INTO TOMORROW. SOURCE ... ADVISED THAT THIS CAN HAPPEN ANY MOMENT AND THAT THE POSTING WILL HAPPEN SUNDAY IF NOT BEFORE. VERY EXCITING TIME. Comment
1-29-15 tlm724: Parliamentary Finance determines the central bank sales of the roof of the dollar at auction.
Remember what Bondlady always says, we must look at who is talking first. So this is a member of the Parliamentary Finance Committee and this member is making a suggestion to put a ceiling on bank sales of $75 million a day. Now I like that idea very much and when we see the CBI actually do that then we can get really excited. As I said yesterday I firmly believe they are de-dollarizing! Dinar will be the king so to speak! Comment
1-29-15 The Big Call: Thursday Jan. 29th is at 9 PM ET.
We will discuss the latest about the economic reform occurring throughout the world... subjects for future calls... and talk about how to be ready for our exchange. Join us tonight to be part of the discussion.
Participant Line is 559-726-1150 and Listener Only line 530-881-1150
No access code is needed for either line. Q and A is still working fine.
Playback number: (559) 726-1159, access code 123456#
1-29-15 OKIEOILMAN: GOOD THURSDAY AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS.
AS YOU KNOW I HAVE BEEN UNAVAILABLE FOR SEVERAL MONTHS NOW DUE TO MULTIPLE REASONS.
ONE WAS HEALTH, ONE WAS YOUR RECEIVING ACCURATE INTEL VIA RECAPS THAT NEEDED NO FURTHER COMMENT FROM ME.
AND ALSO I WAS ASKED VERY POLITELY NOT TO POST ANYTHING AS ISSUES BEING SOLVED WERE OF THE SENSITIVE NATURE.
I BELIEVE IT IS A SAFE ASSUMPTION THAT ANYTHING POSTED NOW WOULD BE ANTI-CLIMATIC.
ACCORDING TO SOURCES WE JUST MAY BE FINALLY AT THE CONCLUSION OF THIS LONG JOURNEY.
AS I AM SURE EVERYONE HAS BEEN FOLLOWING THE NEWS CLOSELY AND AWARE OF THE ACCOMPLISHMENTS MADE RECENTLY IN IRAQ.
THE U.S.A. AND IRAQ HAD TO OPERATE IN CONJUNCTION WITH EACH OTHER TO FACILITATE ANOTHER COUNTRY'S FINANCIAL BACKING.
IT IS MY UNDERSTANDING ISSUES RESOLVED YESTERDAY COMPLETED THIS AGREEMENT WITH THE FUNDING ENTITY. ALSO ISSUES OF A TECHNICAL NATURE WAS SOLVED YESTERDAY AS WELL.
THE ACCOMPLISHMENT IN IRAQ TODAY I BELIEVE WAS THE FINAL ISSUE TO BRING TO FRUITION WHAT WE HAVE BEEN AWAITING.
I DO NOT INTEND TO BE A REGULAR POSTER BEYOND THIS POINT IN TIME.
I MAY POST OCCASIONALLY BUT IT WILL BE SELDOM IF ANY.
I WISH TO THANK SAMBO ESPECIALLY AS WELL AS THE MODS FOR THIS FINE CHRISTIAN FORUM AND HOPE IT WILL BE AROUND A LONG TIME EVEN THOUGH I MAY NOT--
KNOW THIS--I LOVE EACH OF YOU AND PRAY THE BEST IN HEALTH, PROSPERITY AND SPIRITUAL PROSPERITY AND YOUR RELATIONSHIP WITH OUR LORD.
GOD BLESS EACH READING THIS AND GOD BLESS AMERICA AGAIN----PLEASE-----OKIEOILMAN 3.53 P.M. 1-29-14. Comment
1-29-15 Stryker: THE BUDGET PASSED TODAY ALONG WITH ALL THE PROVINCES OIL DEALS AND MUCH MORE
THE CENTRAL BANK POLICY REFORM INSTRUMENTS WERE PASSED TODAY AS WELL - THESE WILL CHANGE IRAQ FOR EVER
THE PARLIAMENT VOTED TO LIMIT THE SALE TO $75 MILLION DOLLARS A DAY IN THE DAILY AUCTIONS
THE VOTE AND APPROVAL TO IMPLEMENT ALL GOVERNMENT PROJECTS - LAWS WILL PASS PARLIAMENT IN NEXT SESSION
A $56 PER BARREL OF OIL WAS THEIR BUDGET AMOUNT
TAXES ON WATER, CELL PHONES, CARS, CIGARETTES AND MUCH MORE WERE APPROVED IN THIS YEARS BUDGET - COST OF LIVING GOES UP FEBRUARY 2, 2015 SO SHOULD THE PURCHASE POWER OF THE DINAR
THE BUDGET WILL BY PLACED IN THE GAZETTE AND IMPLEMENTED SATURDAY 1/31/2015
FOLKS, ALL SIGNS POINT TO THE LAUNCH OF ALL REFORMS UNDER THE LEADERSHIP OF PM AL-ABADI.
IF ALL PROJECT GET IMPLEMENTED INCLUDING THE CUSTOM TARIFFS WE COULD SEE A MONETARY CHANGE TAKE PLACE ON MONDAY 2/2/2015, IF THE CUSTOM TARIFFS ARE DELAYED THEN IT MAY BE THE FIRST OF MARCH BEFORE WE SEE A CHANGE IN THE STRUCTURE OF IRAQ'S MONETARY POLICIES - MAYBE NOT BUT ONE THING IS FOR SURE, WE WILL KNOW ON MONDAY
THAT'S ALL FOR NOW, I WILL BE PUBLISHING A DETAILED BLOG ON WHAT TO WATCH FOR BETWEEN NOW AND MONDAY. CHECK YOUR EMAIL INBOX FOR DETAILS ON MY UPCOMING BLOG
WATCH ALL 3 PARTS OF BUDGET APPROVAL WEBCAST COVERAGE AND ALL THE LAWS THAT WERE PASSED IN IT BY GOING TO THIS LINK COMMENTS AND OR QUESTIONS WELCOMED
NOTICE: YOU ONLY HAVE 2 DAYS LEFT TO JOIN AS A PREMIUM MEMBER - LINK
Stryker Blog – Comment
1-29-15 changinghistory: Not sure where all the math is coming from, however...in simplicity:
Original budget was 125T at a rate of 1166 = 107B USD
The budget now of 484B / 107B = 4.52 USD rate
1-29-15 DELTA: URGENT FROM IRAQIA TV: BUDGET IS DONE!!!!! Comment
1-29-15 MY LADIES: THE BUDGET HAS BEEN PASSED!
GOOD THURSDAY AFTERNOON EVERYONE. WASN’T THIS AN EXCITING DAY. FOR THOSE OF YOU THAT WERE WITH ME ALL DAY, YOU KNOW WHAT I MEAN.
WE HAVE BEEN HEARING FOR AGES OH THE BUDGET IS DONE IT’S DONE IT WAS SIGNED AND BLA BLA ...WELL I GUESS WE CAN SAY THAT IS NOT THE CASE.
WE WATCHED HISTORY BEING MADE…FOR SOME THAT MEANS NOTHING BUT FOR US THAT IS REMARKABLE.
I GAVE EVERYONE A PLAY BY PLAY OF THE BUDGET VOTE THAT STARTED COVERAGE AT 5 AM EST. THEN THE TIME WAS PUSHED AND IT LOOKED LIKE THE WHOLE THING WAS GOING TO GET RE SCHEDULED.
BUT WHEN THEY PHOTOGRAPHED THE ENTIRE BUDGET AND PASSED IT OUT I KNEW WE WERE GOING FORWARD.
WE WATCHED THE MANY ARGUMENTS LIVE, THE MANY PAUSES LIVE, AND FINALLY JUST NOW AT 1 PM EST THE FINAL VOTE OF THE BUDGET.
THEY VOTED IN EACH ITEM LINE ITEM BY LINE ITEM AND WE SAW THE ENTIRE PROCESS. I HOPE YOU LEARNED SOMETHING FROM THIS AND GOT TO SEE A PIECE OF THEIR CULTURE AND HOW PASSIONATELY THEY FEEL ABOUT THINGS.
NOW WHAT ON EARTH DOES THIS MEAN FOR US???
WELL NOVA AND I ARE MAINTAINING THEY CAN NOT PROCEED WITHOUT AN INTERNATIONAL CURRENCY.
RIGHT NOW IRAQ IS CLOSED FOR BUSINESS UNTIL SATURDAY MORNING.
SO WE WILL WAIT AND WE WILL WATCH WHAT HAPPENS.
WHILE WE WAIT LET’S KEEP IN MIND THAT KUWAIT REINSTATED THEIR CURRENCY AT 4:17 PM EST ON A THURSDAY AFTERNOON.
WE SURE DO NOT HAVE ALL THE ANSWERS BUT WE DO KNOW HOW BANKING AND THE WORLD WORKS.
THE NUMBER 1 RULE IS YOU NEED TO HAVE INTERNATIONAL CURRENCY IF YOU WANT TO PLAY OUTSIDE YOUR COUNTRY AND IRAQ HAS INTERNATIONAL OBLIGATIONS.
I AM VERY CONFIDENT THAT WE WILL ALL BE HAPPY VERY SOON.
WELL WE CONTINUE TO WATCH AND RECAPS THANK YOU SO MUCH FOR BRINGING OVER THE PLAY BY PLAY. YOU FOLKS ARE JUST TERRIFIC.
P.S. JUST TO PUT THIS INTO PERSPECTIVE, XXXXX JUST CALLED ME AND SHE IS WATCHING THE INTERVIEWS NOW AND SHE SAYS IT IS VERY VERY EMOTIONAL.
THEY ARE TALKING ABOUT THE YEARS OF SUFFERING THEY HAVE GONE THROUGH AND THEY ARE SAYING THERE IS REAL HOPE NOW FOR THE FUTURE OF IRAQ.
GROWN MEN ARE GETTING EMOTIONAL IN THESE INTERVIEWS AND ARE FEELING SO HOPEFUL FOR CHANGE. NOT SINCE 2003 HAVE THEY FELT THIS HOPE.
SO LET'S KEEP THAT THOUGHT IN OUR HEADS AS WE WAIT FOR THEM TO BECOME INTERNATIONAL BUT WE JUST WATCHED SOME TRUE NEW HOPE BEING GIVEN TO AN ENTIRE COUNTRY THAT HAS COME TOGETHER AND UNITED FOR SURVIVAL. Comment
1-29-15 My Ladies: THEY ARE GOING LINE ITEM BY LINE ITEM AND VOTING ELECTRONICALLY. WE ARE ALL WATCHING IT LIVE AND POSTING EACH LINE ITEM AS IT IS BEING VOTED. THEY HAVE SEVERAL MORE TO GO.
THE LIVE LINK TO PARLIAMENT IS POSTED THERE AND IT IS ON EVERY NEWS CHANNEL IN THE MIDDLE EAST. THIS IS STILL GOING LIVE ... FOR SOME REASON SOME OUT THERE THINK IT PASSED ... LOL. WE'RE UP TO NUMBER 26 OUT OF 60 SO FAR ... LOL. Comment
1-29-15 OilRat: If the budget is 424 Billion Dinar and we used the original amount of $125 Billion USD, we have a rate of 3.40 dinar to $1 USD ... probably higher than that of they lowered the original budget from $125 billion USD ... JMO. Comment
1-29-15 Sqwatchy: House voted Thursday, the budget amounting to more than 424 billion dinars, and received 218 votes, out of 260. To be continued. IN CASE YOU HAVEN'T NOTICED......WHAT HAPPENED TO THE 119 TRILLION BUDGET AND THE $25 TRILLION DEFICIT?????? BOOOOOOOOOM!! Comment
1-29-15 AIN: Parliament votes of 2nd article of State Budget. The Parliament voted on the second article of the 2015 State Budget Law. Article Link - Comment
1-29-15 Stryker: PART 1 AND 2 OF TODAY'S WEBCAST ARE PUBLISHED FOR PLAYBACK
LINK FOR - PREMIUM MEMBERS
PARLIAMENT IS VOTING ON OIL AND GAS DEAL FOR ALL PROVINCES RIGHT NOW, THEY HAVE MANY MORE ARTICLES TO READ AND VOTE ON SO WE ARE TAKING A BREAK UNTIL 11:00 AM CST.
WE WILL BE BACK STREAMING LIVE COVERAGE AT THAT TIME
11:00 AM CST ADDITIONAL COVERAGE PART 3 - LIVE LINK
Stryker Blog – Comment
1-29-15 BGG: Dinar Morning Drive Call - News w/ BGG
Thursday January 29th, Audio Player and Replay #'s
760-569-7699. pin# 398647
(In Email Newsletter, click blue title for Audio Player)
1-29-15 Stryker: THEY ARE VOTING ON EACH ARTICLE RIGHT NOW
AROUND 260 MEMBERS ARE PRESENT IN TODAY'S SESSION
200 VOTES OF YES ON EACH ARTICLE SO FAR
IF ALL PROJECTS AND ALL TAXES, INCLUDING AND NOT LIMITED TO CUSTOM TARIFFS ARE IMPLEMENTED TO SUPPORT THIS YEARS BUDGET NOW, WE JUST MAY SEE A MONETARY BALANCE CHANGE INTRODUCED TO THE WORLD COME MONDAY
AGAIN: IF EVERYTHING IS IMPLEMENTED AND THE CBI BELIEVES IT IS THE RIGHT TIME TO DO SO
MORE UPDATES TO COME
Stryker Blog – Comment
1-29-15 Arthur: Yesterday was a huge media blitz in Iraq. Jabouri and several other respected statesmen went on record to assure citizens that this would all be done no later than Sunday, Feb.1st. But just as there is an opposing counter speech to a President’s state of the union address, such is the case with Maliki's State of Law coalition using what’s left of their moribund political and media power to constantly sow seeds of doubt and tribal mistrust in Abadi's government especially in regards to any HCL progress every step of the way which has caused delays up until now but is now only a nuisance and not able to affect the outcome any longer.
There was also a big media push emphasizing the major progress on the security front. Hundreds of ISIS/ISIL/DAASH being killed daily by an even more ramped up bombing campaign since the France incident along with an ever increasingly confident Peshmerga liberating more and more areas and announcing the imminence of the displaced being able to repopulate their homes and properties...and that international investors no longer need have any security concerns.
Jabouri outlined a long laundry list of progressive accomplishments of the new government contrasting them with the failures of the former regime…The whole tone was about the new Iraq and the imminence of them becoming the biggest economic giant in the region. A major and decisive meeting of the presidencies was announced for today that will put the final touches on the budget law and mechanisms that will positively impact every citizen and launch Iraq into the international stage. Comment
1-29-15 AIN: Parliament approves financial budgets allocated for Parliament, SJC. Parliament approved the financial budgets allocated for parliament and the Supreme Judicial Council within the Budget Law of 2015. Article link - Comment
1-29-15 MY LADIES: Budget Vote Live - History Happening Now! THE VOTING STARTED!! THEY ARE GOING ITEM BY ITEM. THERE ARE 60 LINE ITEMS. LOL. Comment
1-29-15 AIN: Parliament to vote on each article within Budget separately. MP, Nadhim al-Saadi, said that parliament will vote on each article within the Budget Law separately then there will be a vote on the whole law. Article Link - Comment
1-29-15 Stryker: THE BUDGET APPROVAL HAS BEEN DELAYED FROM 11:00 am THIS MORNING TO 1:00 pm TILL 5:00 pm AND NOW TO 6:00 pm BAGHDAD TIME. IT IS NOW 5:40 PM IN BAGHDAD. WATCH AND STAY TUNED FOR ADDITIONAL UPDATES. Stryker Blog – Comment
1-29-15 Iraq Business News: Shell Signs $11bn Petrochemical Deal.
Shell has reportedly signed a deal with Iraq worth $11 billion (12.8 trillion Iraqi dinars) to build a petrochemicals plant in Basra.
On Wednesday, Industry Minister Nasser al-Esawi [Nasser al-Issawi] told a press conference that the Nibras complex would make Iraq the largest petrochemical producer in the Middle East.
The news comes two weeks after Shell announced that it will not proceed with the proposed Al Karaana petrochemicals project in Qatar.
The Nibras project is expected to come on line within five to six years. Article Link - Comment
1-29-15 BGG: Follow DU for Dinar News Updates all day!!
Dinar Morning Drive Call!!
w/ BGG – Thursday 1/29 @ 10:00 am CST
Click on the banner in the upper right corner
We'll do a "Morning Drive Call today in place of our normal Thursday evening call - in a few days we'll go back to a more normal schedule (if we need to). BGG
1-29-15 AIN: Parliament session starts to vote on Budget Law. Parliament started its session, headed by the Speaker, Saleem al-Jobouri, to vote on the Budget Law of 2015. Article Link - Comment
1-29-15 TerryK: DC SOURCE TOLD ME NOT TO DISCUSS AS THINGS ARE MOVING. [Which is first the RV or The Budget?] RV. [You still hearing the budget should be voted on tomorrow (Thursday] YES I AM. Comment
1-29-15 Iraqi News: ISIS leader al-Baghdadi describes Taliban leader as “demented” and “ignorant Prince of war”
On Thursday, ISIS leader Abu Bakr al-Baghdadi attacked Taliban leader Mullah Omar, describing him as “demented” and “an ignorant prince of war.”
An Afghan website quoted Baghdadi, in a statement shared by websites belonging to the ISIS organization, as saying, “Mullah Omar does not deserve any spiritual or political credibility,” noting that, “The organization has achieved in two years what Taliban could not achieve in its campaign in ten years.”
The statements come amid growing concern about the impact of the ISIS organization in Afghanistan and Pakistan after the emergence of a videotape during last week in which leaders claimed that they are from Afghanistan and Pakistan and pledged support for ISIS. Article Link - Comment
1-28-15 G T: I'm Hearing........
START LOOKING FOR THIS PUPPY TONIGHT/EARLY MORNING!!!!
But START TONIGHT (By Two Separate Folks that DON'T KNOW EACH OTHER)!!!!
1-28-15 Adam Montana: [Do you believe that when the Budget is passed, the RV will follow? and Once the HCA becomes HCL, will the RV follow?] Once we have the HCL and the Budget, I do indeed think we are moments from that announcement. Comment
1-28-15 OMEGA MAN: The window is from tonight till Tuesday for codes and simultaneously, the dinar will RV. Tuesday is the back wall. Comment
1-28-15 Millionday: THEY HAVE SENT THE BUDGET TO VOTE...THE VOTE IS THURSDAY. PARLIAMENT HAS ALREADY AGREED TO THE BUDGET SO THAT WOULD MEAN IT WILL BE VOTED THROUGH SMOOTHLY.
[In all the years you've been in this have you ever seen them work so hard on a budget and at the amount of dinars approved?] NO I HAVENT SEEN THEM BE ABLE TO FOLLOW THROUGH WITH WHAT THEY HAVE STATED IN SUCH A HURRY... SO THE BUDGET HAS BEEN WRITTEN ON 56$ A BARREL.
NOTE -- THEY HAVE SENT THE BUDGET TO VOTE -- WHOOOPOW.
NOTE -- SO AS WE SEE -- SALIM VERIFIES THAT ABADI IS WORKING TO DO EXACTLY WHAT HE SAID AT THE ECONOMIC SUMMIT AND ALSO HE HAS APPROVED THE INVESTMENT LAWS FOR THE PRIVATE SECTOR -- WHICH MEANS TO GO TO A MARKET ECONOMY
SO HE [ABADI] APPROVED BEFORE HIS TRAVEL AND THIS IS FOR INVESTORS TO DRAW THEM TO IRAQ -- LOVE IT
THEY ARE TELLING THE INVESTORS NOT TO WORRY ABOUT SECURITY -- IT IS A PRIORITY ---
THE LAWS THEY ARE PUTTING IN PLACE ARE FOR THE DEVELOPMENT OF THE MARKET ECONOMY --
THE FREEDOM OF A MARKET ECONOMY INSTEAD OF CONTROLLED BY GOV ---- FREE MARKET
THE GOAL REQUIRES INTERNATIONAL RECOGNITION
THE APPROVAL CAUSES THIS TO GO TO PARLIAMENT TO SET AS LAW
THIS IS WHOOPOW
THEY ARE DOING WHAT THEY SAID AT THE ECONOMIC FORUM -- LOVE IT
OK SO WHAT WE HAVE IS THE ENTIRE PACKAGE OF INVESTMENT LAWS HAS BEEN APPROVED BY ABADI -- AND ALSO THE VOTE FOR THE BUDGET WOULD BE IN THE MORN AND WE SHOULD KNOW TONIGHT IF IT WENT THROUGH
1-28-15 EXOGEN: The budget will be approved tomorrow smoothly and quietly. Comment
1-28-15 "My Ladies" & Nova's CC:
PLAYBACK NUMBER: (712) 775-7039, Pin 637708#
1-28-15 sczin11: IRAQ NEEDS AN INTERNATIONALLY RECOGNIZABLE TRADEABLE CURRENCY TO OPERATE WITH THE ENTIRE WORLD...THEY NEED A DINAR WORTH MORE THAN THE US DOLLAR, OR NO ONE WILL WANT TO USE THE DINAR.
[What is the rate they desire?] FROM ALL I HAVE READ THEY WANT A RATE SIMILAR TO WHERE THEY WERE PRE SADDAM, WITH A POSSIBLE 20% INCREASE FOR INFLATION, AND WANT TO BE WITHIN 50 CENT OF KUWAIT, IN EITHER DIRECTION.
THE ISX IS READY...THE CBI IS READY...IT APPEARS ABADI IS READY...IT APPEARS JUBOURI IS READY...IT APPEARS IMF, BIS, WB ARE READY...SO... Comment
1-28-15 DC: The news is straightforward...more confirmation from Iraq and the US. They are getting ready to do this not in years or weeks but NOW. They have that planned out and are ready to go. The finance committee approved the budget and sent it on to parliament for a final vote on Thursday. That is not vital, but they would like to have it done before the RV, just to make it smooth and easy.
[Tomorrow is the date to publish the UN operational rate. Will this be published at the lower rate and it will be published after the RV?] The plan has always been to adjust it afterwards, as with the Euro and other rate changes with this global recession. It would be nice to see this done tonight so that it can be published all at the same time, but it’s not a leading indicator.
In summary, everybody is ready and impatient in Iraq and the US. The last-minute checks are occurring to make sure everyone is on the same page, and this should go down very, very quickly. Comment
1-28-15 TNT Tony: They still they will approve the budget tomorrow, so there should be an announcement...Now, about the ISX…They say they are scheduled to go international today or tomorrow, and we are seeking verification on that now…although we are not announcing the RV. We are pretty close to announcing it. We know the agreement was signed, and the back wall is by the 31st. Everyone is excited because they have done absolutely everything they need to do – that’s the message we are getting. Comment
1-28-15 tlm724: ...am excited this a.m. The Central Bank dollar sales crumble to lowest level in months Wednesday, 28th January 2015 ...we see way less dollars going out into the banks/markets which is awesome and remember what the CBI told us? "Central Bank decides to support banks five trillion dinars" So the CBI is pumping the banks full of DINARS! That’s why I am excited, I truly believe they are dedollarizing. Comment
1-28-15 aggiedad77: KTFA Family.....from Frank…
There are many things that happen, things that Frank hears that he does not share for one reason or another
That list grows endlessly it seems
Remember he told us of oil going up....it happened on the 22nd....investigate
So why is the CBI now able to talk....because of the three things that Frank has been talking about....check your notes...those things are done....yes oil is one of them....
So are we waiting on the budget now....NO!!!
The budget is done....as of last night in the midnight hour.....I-Team was there....the budget has been passed....but if you wish to wait for it till Thursday so be it.....let them program you to that way of thinking
Good things are going to surface with this budget...count on it.....it will take between 48 and 72 hours for things to show....IF...they choose to let us see it even then
Yes intel is coming to an end.....take this to God....close your eyes in prayer.....don't be rolling them
All is good and in time we will be prepared to work God's plan to the corners of the earth...we are ready. Aloha Randy Comment
1-28-15 LVegas: Skype message from my contact on money for Platform:
MY UNDERSTANDING THE MONEY HAS BEEN RELEASED AND THE CODES ALSO HAVE BEEN RELEASED THEY ARE IN THE BANK ALONG WITH THE MONEY "ALL THAT IS NEEDED IS THAT THEY BE ACTIVATED." Comment
EXOGEN: World Bank donated $ 6 trillion dinars to Iraq in order to reduce the projected deficit in the federal budget for 2015 http://aynaliraqnews.com/index.php?aa=news&id22=30380
Dr. Mark: So, it looks like this to me: World Bank gives Iraq 6 Trillion dinars.
CBI loans their banks 6 Trillion to support liquidity and purchase bonds on the secondary market.
Net-Net to Iraq reserves is $0.00 and they get to make all the interest on the "loans" and bond purchases.
Nice negotiating!! Does anybody have the World Banks phone number? Comment
1-28-15 Stryker: We have a GO on the 2015 Budget Approval Tomorrow and the State Law realized they had no dog in the hunt, so to speak, so they backed down and said they would vote to approve it as well.
State of Law: We are not satisfied with the budget, but we will not Nariqlha ( Hinder the vote)
Aajl..naúb Kurdish: Region reservation on the budget but the Kurds will vote tomorrow for approval
Here is where the Finance Committee approved it and sent it to parliament for approval: Finance Committee APPROVES Budget law
Here is tomorrow's agenda and as you will see the day is dedicated to the approval of the budget: The meeting's agenda No. 9 Thursday 29 January 2015
OK, with those FACTS I am announcing something that I have never done in the (2) year history of Stryker WebTV & Blog Talk Radio> I will be streaming a live coverage of the Budget approval starting at 7:00 AM CST Tomorrow, here are the details:
FULL LIVE COVERAGE OF THE 2015 BUDGET APPROVAL
COVERAGE STARTS @ 7:00 AM CST TOMORROW MORNING 1/29/2015
Join me today as I, and the newshounds give you a minute by minute, detailed coverage of the budget approval.
I will broadcast LIVE every hour, on the hour, until the budget is approved.
I will go over how the Laws can be implemented, with out being fully approved.
I will cover policy reforms and monetary reforms AND how they will need to be launched hand in hand. How and when they are planing to implement them.
A Special LIVE Webcast AT 7:00 AM CST TOMORROW MORNING
WATCH LIVE - LINK
WATCH ON DEMAND PLAYBACK - LINK
Stryker Blog – Comment
1-28-15 TNT DINAR CC (Notes by Adept1):
Replay 805.399.1500, PIN CODE 409029#
Tony: Good morning, TNT! Today is Wednesday, January 28, 2015. We will have a super-fantastic call, although we are not announcing the RV. We are pretty close to announcing it. There are two things before DC gives you the update. Let me read this to you: “Good morning, Tony. I told you a while back about a bank manager offering 96 cents per four million zim. I told him to call back when the rate is higher!” Two things I want to clarify. Someone has been sending tax information to me every week. The IRS has raised the limits on lifetime gifts to 5.43 million per person. There is no change to the annual exclusion, which is $14,000 in cash or assets per person per year. Regardless of what I ever say to you, that is my opinion, and I advise you to get professional advice. You can do your own homework, but get some professional advice because you don’t know when things change at the last minute.
There are some great things happening in Iraq, what they are seeing on their television and the Forex board. Before we get into that, I got a letter that I think will help everyone. It’s about Pam, DC, Ray, me and about YOU – everyone who believes in this, about your past, present and future. I want those who are making decisions about where and when you exchange to listen to this letter. This is what DC’s museum is all about, too. It means something to me and I hope it means something to you, and this may be my last opportunity to read something like this. I want you to hear it before the information.
“2015 is upon us, and here you and your team are, following and diligently giving us information that would be out of our reach – thank you. The service you render doesn’t come cheap but by the time I can help you’ll all be millionaires. I hope to meet up with you some day and have my heart beat against yours in gratitude. After receiving transcripts of the calls, I got the courage to share with my siblings, and their responses were revealing. One sister and husband acted like I’d lost my mind, yet quietly instructed their daughter to buy dong – they don’t believe but the need for financial freedom out-weighted their doubt. Their constant questions brought new challenges to the relationship. Another sister went to the Bible and talked about false prophecy. Another siphoned off money from housekeeping and bought one dong note and one zim note. That might change the balance of her relationship with her husband, too.
With each of the three scenarios above, I have questions. DC, your idea of a museum is necessary. What did this bring up for people – did the RV change their thoughts, feelings, relationships. I continue living my life, but with a vibration of excitement and expectancy. What an exciting time to be alive. What am I going to be like when it happens? If I don’t experience this myself, it has awakened me to being more aware and optimistic, and in love with life itself.”
This was not somebody living in Florida or California – this is a letter from someone South Africa, and what it means to them in their world. They have that vision. We’re not better or worse, but for someone in that country to have this emotion, and what they are going through… something there has to hit home everyone going through this process. That light is there, and DC will tell us what is going on.
DC: That is touching and that is why Tony and I volunteered for this. That is wonderful.
Tony: I wanted to give her name but didn’t ask for her permission, so… thank you for that letter.
DC: The news is straightforward: more of the same, more confirmation from Iraq and the US. Iraq is preparing themselves further, getting ready and getting over a lot of confusion. What confusion? They’ve had years to get ready for this! They have had so many plans and they are going very, very slowly. They have to figure out whether they are on Plan B or Plan Z, and a lot of time has been spent getting everyone onto the same page. There have been so many plans it’s been a challenge getting everyone to play the same music, in the banks, Iraq, security forces, etc. In each Iraqi ministry and office, they are going through that again, for the past four days. For us, that means that they are getting ready to do this not in years or weeks but NOW. They have that planned out and are ready to go. They are doing final checks and different time lines.
The finance committee approved the budget and sent it on to parliament for a final vote on Thursday. That is not vital, but they would like to have it done before the RV, just to make it smooth and easy.
A friend brought this up: what about the Iraqi people in the streets? Are they getting aggravated at this carrot over their heads for so long? Yes. It’s not looking for Abadi, and the last thing they want is for there to be a lot of talk and no action, like with Maliki. They expect this to happen very quickly. They are watching the budget, they are ready for the economic reforms, but if they say they are ready, why aren’t they acting on this?
Tony: It’s been about two weeks now. We know the agreement was signed, and the back wall is by the 31st. They had a date to do it, and if not by then, by the 31st. Now the CBI and the parliament come out and tell their people they are all ready. The parliament was waiting on the CBI and the CBI says they are ready. The CBI sent a team over here on Monday and did what they were supposed to do. Iraq then said the budget would be passed on Thursday. So we understand from our sources that they are going to pass the budget on Thursday, so they will do this Tuesday, Wednesday or early Thursday. They want to do the RV before the budget so that they don’t’ have to change the rates after! So everyone over there is gearing up for change.
Now, about the ISX… we got information about what they are saying live on their board. They say they are scheduled to go international today or tomorrow, and we are seeking verification on that now. Everyone is excited because they have done absolutely everything they need to do – that’s the message we are getting.
DC: In the USA, basically e everyone is ready, and saying the same as in Iraq: “I thought you said this”, and others are saying, “yes, but we’re switching back to this other plan” as they get closer to getting things done. They want this to go as smoothly as they possibly can, legally and procedurally, and also with confidence that Iraqi dinar is worth $3.58 or whatever rate they have agreed. What ends up happening quite a bit is that there has been a lot of sources that we have developed over the years. I had a few when I offered to help Tony and those have expanded quite a bit. One source said to me this morning at 4am “How many times have you talked about changes in the plan? We have been living the exact same problems.” It continues to evolve…
Tony: The key there is that they listen to our calls! Just as we keep saying “it’s on, it’s off, it’s seven days, it’s four, it’s none”, that makes sense to us, and they are living the same constant changes.
DC: So everyone is ready and antsy to get this done, with everyone on the same page, highly supportive to getting it done now.
Tony: Caller at 337? This person has been on the line for twelve hours – how are they doing that and still using their phone?? Caller 301 has been on for ten hours… Caller 707 has been on for 527 minutes! Do you just dial your phone and got to bed and in the morning it’s still sitting there?!
707 caller: Yes. Three weeks ago, I called and said there was no information about raising my hand. I thought I had to get on earlier and earlier, when really I just had to raise my hand. My question is this: as we get closer to the RV, is the process going to be an 800 number or what?
Tony: There is nothing for sure. It keeps changing every day!
DC: The latest we’ve been told is that the banks will handle this individually. Some will take appointments through their currency departments, and others through their trained agents. What will they do with the call centers and exchange centers? That info is lining up with the bank personnel.
Caller: I know we are supposed to say that we want to ‘exchange’, but how do we ask for the contract rate? Do we ask or let that offer come across the table to us?
Tony: I don’t know because we don’t have the package yet. Nothing beats a failure but a try. If no one is telling you what to do, do it anyway.
DC: Tony, I wanted to clarify that when I spoke about a conservative investment making 4%, that’s per year – like municipal bonds.
Tony: When I was talking about 8.5% per quarter, that’s per quarter. It’s over in Iraq and it’s requesting a lot of your personal information. We do have the intel on that, and Pam says that this is asking too much. The guy from Afghanistan gave me the information, and you can look up Warka Bank and see if that works for you. He says that they are offering 8.5% per quarter, which is 34% per year. I am not a financial adviser, and I have said several times that if you put money overseas they have different laws and rules. So be cautious before moving your money overseas to where they have different rules.
650 caller: Sounds like good things are happening. You’ve been doing this for a long time and the last year has been up and down. Do you feel there has ever been a time you have been as confident as now.
DC: No. It could easily have gone 100 times over the last 18 months, but they wanted to get certain things smoothed out. I am more confident now than ever before.
Tony: The picture has become more clear now than before and I have a way better understanding of that, globally. Even this morning’s announcement that gas are inching back up… in November they told me that they would be coming up to a certain level, so that tells me that they have achieve what they wanted in that direction. So that tells me it’s all connected.
Caller: Have you heard any good bank stories lately?
Tony: DC, how many have we heard lately? How many exchanges are they doing now?
DC: Most are pending right now because they expect the RV to happen. They want to be ready and not engaged in other activities.
Caller: That was the best letter, because I’ve had similar experiences. It raises some expectations and we need to keep our heads and not shoot the messenger when it doesn’t come as quickly as we hoped.
DC: In my family as well, they aren’t sure, even when we quote something someone has said in the mosque an hour earlier. I love that writer’s description of her own family members, asking their daughter to buy some and not tell their aunt!
323 caller: So at this point do we check daily tweets to see when we go?
Tony: Are you getting the tweets on your phone? We will send out the information.
Caller: My son does that, so I can check with him. With people who are on government programs, you said not to mess up their entitlement. Can we pay their bills or what? That could get tiresome. How can I help family members in that case? I don’t want to cause a problem because I want to be generous.
DC: Talk to an attorney who specializes in these situations – they are accustomed to setting up trusts and such that will not mess up assisted living or whatever. Just ask.
Tony: You could absolutely mess up someone’s entire life, so do ask a professional and find out the right way to do that.
661 caller: In the last few years, I have lost my brother, father and then my mother. As I went through my mother’s house, I found 30 million dinar under her mattress. There are no receipts or proof of purchase, and some have said I should throw it out because there is no way to show how she bought it.
DC: Don’t throw it out! What you have to worry about is taxes and proving who owns it. If the probate court shows that you own it and when you inherited it, then that’s enough.
Caller: I’m the only one left, and she had a living trust but it’s not mentioned in that.
DC: It’s gone through probate, though, right?
Caller: Yes, and I’ve already sold the house. That’s when I found it.
DC: Since you have documentation that her entire estate belongs to you, then you own it and she is smiling down on you.
Tony: I’m not an attorney, but if my mother left that to me, I’d just walk into the bank and exchange it, as an inheritance – just like the house.
617 caller: I’m a little confused. Before we were going to go to our initial appointment and then to a wealth manager. If the banks have control of whether we get the contract rate, who makes that decision.
DC: I believe (but don’t know) that the contract rate will be offered to you if it’s still available to you, at the first appointment. I understand that wealth managers will also be authorized to offer better rates if you keep it in their banks longer. That was the plan at one point, but it might have changed.
Tony: If you know the rate, and it’s on their screens, then they have to give it to you. You have to know that rate, though. That has happened in previous exchanges. That is true for the fee as well, but you have to know in advance. I think we will know the international rates, but we might not know the contract rate because each bank might be different. We don’t know what the package will be, but we know what has happened in previous exchanges. I will ask them to show me the screen. I will go in the bank right now and they will show me the screen. I don’t know if they will have 2-3 different rates on the screen. You have to know what you want to do. If they gave us the procedure, we could say what those procedures are, but they chose not to do that yet.
Next callers: We talked to you a few weeks ago about the zim, but have not found any place to purchase it. Is this the best-kept secret on the planet? We haven’t found any of the main dealers offering zim, and we’re worried about counterfeits.
Tony: Not if I say on this call! Pam knows… but by the time this call finishes, the price will have doubled. You can get it on the internet. Pam says to Google it.
DC: I went to amazon myself, but you need to research this yourself.
713 caller: My questions are about picking up reserves safely after the value has changed so dramatically. Both of my dealers say they intend to use Fedex, and they don’t insure currency deliveries. I called Brinks, and they said they couldn’t move it because dinar is not a recognized currency.
DC: I would pick it up myself or use an insured carrier, not ship a lot of cash in the mail.
Tony: This is not what you want to hear, but this is the real world. There are a few carriers who are used to shipping large quantities. There are some carriers who know about this now, and a few would walk off with your box. At least one of the dealers has said they will come to you so long as you meet their criteria – two airports and over five million dinar. They will put it physically into your hands. Or they can exchange it and wire it to your bank account, and then there isn’t an issue. Or they can Fedex a check to you. Once it is a viable currency, Brinks will move it.
Caller: I’m part of a group and I’m assuming we will exchange at international rates because we hear the NDA will preclude our using contract rates to redeem the reserves. Also, I don’t want to be bound by an NDA.
DC: Everyone I’ve talked to who knows how big the pool is has told me that if you have reserves, you will not get a contract rate on those reserves because it will simply take too long to get those reserves and then get to the bank. But with cash in hand, you will (or may) get the contract rate. Also, the NDA is all encompassing for the groups. If you have 100K dinar, cash in hand, and that is your spending money. Let’s say you exchange that at international rates, and the rest at contract rates. Because you are with Group ABC, and you get $10, you can no longer talk about dinar or the rate, even for the 100K. All the NDAs I’ve read are very clear about that. With respect to the reserves, you.
Caller: If you exchange at a higher rate, can you use that to pay off your reserves?
DC: We are getting mixed answers on that. Some have been able to, and some have not. Most US bankers and the Treasury have said that you can use it to pay off your reserves, but you cannot get contract rates on your reserves.
Tony: You can always sell enough through your dealer to pay off your reserves, and then exchange those reserves.
Caller: If you have it delivered, can the TSA confiscate it? Also, anything on the rupiah?
Tony: If you have enough to pick it up, use a private plane! As for rupiah, we keep hearing $1.05, and so far as we know Wells Fargo will handle exchanging rupiah as well.
775 caller: Yay! I recently lost my job and I’m still super-fantastic! For months we have been talking about ceilings on contract rates – does that apply to all situations?
DC: No, only on contract rates. The real question is about the zim, because even the street rate is insanely good. But we don’t have an answer for that.
Caller: Do you think the one advising that man to throw away his mother’s mattress dinar is waiting by the trash can? <laughter> Now that I’m unemployed, I’m happy to volunteer for any way I can help you… just let me know!
Tony: I’ll give your number to Pam, the boss!
702 caller: I’ve been in this for year and listening to you for six months. On the different currencies, you see a lot of different info on the currency codes. What will be the official does for the four currencies?
DC: In the UST system, it will be IQN, VNN, ZIN and I don’t know for the rupiah. As I understand it, there will not be a lot of tripping up. There are a few things you do need to get right – this is a currency exchange rather than anything else, but everything else should be self-explanatory. They want to get you through the cattle chute quickly.
Caller: I am going to Africa and will drill as many wells with different ministries, plus I want to do a lot for veterans. I am an Air Force vet and was with the Army reserves, and feel our veterans have not got what they deserve. I am here to give where I can.
423 caller: I’ve been waiting for 2½ years to talk to you. Some friends told us about dinar that long ago and we have been buying a little at a time since then. We’re on the TNT board, we donate, and we feel like partners with you. DC, thanks for coming onboard; we love your stories like about you uncle in Alaska. [Appreciation]
Tony: You do know he was ordered to be here, right? <laughter>
Caller: We appreciate your intel people, who are the unsung heroes. [Appreciation] We feel like a family and that’s why we want to come to one of the events. We feel like we know you personally. We have a folder ready with all our receipts, etc. We thought this thing would go any minute, and we are ready so we don’t have to get ready. We are not financial people and don’t know about investments, but after this goes, will this be a good time to get into a group that invests in international currencies?
DC: WE are not financial advisers, but there are hedge funds and other ways to get into currency speculation. It’s complicated, not for the faint of heart, and calls for sophisticated investors. There are a lot of sharks in those waters. You can make a lot of money, but you want to take it easy in those waters.
Tony: Everyone needs to understand what DC just said. If you are not experienced at investing, absolutely do NOT go into foreign currency, because you will lose. You got into this because someone told you it was a sure thing. Unless something like the dinar comes up again, don’t do it. I wouldn’t do it in your situation, because you are 99% likely to lose your money.
Caller: I was in Romania 19 years ago, and brought back some leis. So I have kept my eye on what countries have revalued their currencies. If I had acted on that, I would have made some money over the years.
DC: I was told about this from an Air Force cargo driver who happened to bring home some dinar in his wallet from Kuwait, and he made almost 400K! Tony and I, we’re just normal guys who have done a few successful things in the past. We happen to have a few contacts, and we’re just trying to help.
Tony: I was sitting around with an international trader who says the dinar will never go but the dong will. He has a lot of clients with dinar, though. I talk to all kinds of guys, and they ask where I get all this from, and really it’s from life experiences. I have made a lot of money and lost a lot as well. Once you have reached the top, you know here it is and it’s easier to get back there. I have done that a few times. I’ve done some real estate, a few IPOs, my own MLM company. My life experiences have helped me to know what to do and every time I’ve got back to the top, it’s been at a higher level. Every time I’ve refused to quit, I have got higher levels of contacts. I’m still surprised at the personal messages I’ve got from some people. DC has walked the halls with these people. We are not advising you, but trying to give you thing to look at and listen to so that you get the ups and not the downs. Not all bankers and advisers are bad; you have to decide for yourself if your banker and your advisor is giving you the best advice. There are good people in every industry, and they will ask if you really want to do whatever. My bus instructor always told me, “If in doubt, don’t”, and that is usually right.
404 caller: What’s the best way to get a contract rate with a Roth IRA?
DC: An IRA is an Individual Retirement Account; one type is tax-free and one is tax-deferred. A Roth IRA is tax-free, so it’s a great place to put your dinar. IRAs have trustees that might typically be a bank or a trust company. They will have to exchange for you and that process will probably be too slow to get the contract rate. If the IRA has set up an LLC, and there is a qualified person running it who can exchange quickly, than you have a better chance at getting the contract rate.
Caller: Tomorrow is the date to publish the UN operational rate. Will this be published at the lower rate and it will be published after the RV?
DC: The plan has always been to adjust it afterwards, as with the Euro and other rate changes with this global recession. It would be nice to see this done tonight so that it can be published all at the same time, but it’s not a leading indicator.
Caller: There has been conflicting info about President Obama’s whereabouts, if he has gone to Iraq or is already back in the US.
DC: I know that there will be US representatives in Iraq when this happens, but I will not comment on the President’s whereabouts.
410 caller: Sometimes I would call in really early and have had the call drop, and I think that’s why some people have not answered when you pick them.
Tony: I can see who is on the line with their hand up; that is why I tell people to be on the phone and not on the compute or on speaker, because there can be a time delay. Those who have been on 10-12 hours might have fallen asleep!
Caller: I see. [Appreciation] This info makes all of us look good when we go in. Some people might say things during their exchange that is unintentionally offensive because they don’t know what you have taught us.
Tony: We have said it before and banks have said that they will have upset employees. Some will have attitudes, so let US not make it harder on them because some will be so upset when they realize that this actually happened and they didn’t get any, or they sold it back, or you move to a new neighborhood or get a new car, and they ask how that happened. You will see those relationships change, not because it’s your fault but because it was easier to laugh at you than to take advantage of the opportunity.
Caller: They will get over it in time, or not. Just smile and move on. I hope this is the last we hear from you guys apart from the package and “let’s go to the bank!”
602 caller: There’s so much talk about the price of gold and silver and the drop in the value of the dollar. Does that have anything to do with the RV?
DC: Those watching the RV are watching those prices as well. The dollar will be worth less, but by very little. It’s kind of a race to the bottom between the dollar, the euro, and other currencies. They are trying to print as much money as they can to bolster exports.
Caller: You haven’t got the package – do they not want you to help us?
DC: Some of the people involved don’t like us. Some don’t care about you, and they keep changing the procedure. They also know that we won’t sign an NDA before telling you what the exchange involves. Some people do still want us involved.
Tony: Some don’t trust Tony although they do trust Winston. I will do what I agreed to do, and explain the situation. We will look at that, and also some have told us we will not go until you go, and anyway we won’t leave until you can exchange. They keep changing it in any case, and there are so many different options. Certain things have leaked out, and they could have leaked out more to give you all more confidence in the process. They could do that unofficially and we can tell you those things, but at the moment they are just asking for total chaos. If each bank wants to do their own thing, the obvious thing is to call each bank and ask what they are offering. They are asking for headaches; there is definitely a better solution than having six million to call every bank!
DC: The cynics just want to push everyone through; the more compassionate ones want it to go more easily and smoothly and they are willing for us to help. They want us all to be compliant, so we’ll see what happens.
Caller: A lot of countries are getting ready to jump the Euro – is that true?
DC: That is the trillion-dollar question. There’s a lot of speculation there. It’s just my belief, but I think everyone is too darned tied to the Euro for that to happen. I think that the dinar will fix some of the symptoms but not the cause. With the Euro, the different countries don’t have control over their own economies. I think even Greece will stay in there because they cannot afford to leave. As I understand it, the dinar will stimulate the global economy, and it will help Europe out of the double-digit recession. When you’re rich, you don’t complain as much. All we can do is wait and send out the tweet about which banks to call!
Tony: Thank you to the South African lady for that letter – it meant so much to Pam, DC, and everyone else in the dinar community. You hit the nail on the head, and everyone on this call should have felt part of that letter.
DC: Yes, thanks for that. That’s why we volunteer all this time for nothing. In summary, everybody is ready and impatient in Iraq and the US. The last-minute checks are occurring to make sure everyone is on the same page, and this should go down very, very quickly. This is hopefully our last call. Thank you, Tony, for letting me be part of this for the last two years. Thank you Pam and the intel team, who we cannot name. Thanks also to the President, Vice-President and Secretary of the Treasury, the statesmen who have helped, and also PM Abadi and Dr Shabibi for doing everything they have done to bring this about.
Pam: Thanks to my family for putting up with all the hours I put into TNT, and for doing this themselves, and not bugging me for what I do. Thanks to the mods and transcribers: Adept, Sunnygal, Zebragirl, who make it possible to follow when they cannot be on the call. There are so many people who help in the chat room, and so many intel people as well, plus those who had to move on for different reasons. We’ve all be on this journey and it’s made us what we are. That light at the end of the tunnel really is flashing!
Ray: I didn’t have a speech prepared, and I’m not thanking anyone until this is done. When it’s all over, come on down to the islands and Ill thank you all. Continue to enjoy your Wealth-seeking Wednesday!
Tony: It’s another great Wednesday. Everything is possible, and I did get two different. confirmation that the ISX has been given an exact date when they are going international. I’m not saying it so that nobody can accuse me of screwing it up. They still they will approve the budget tomorrow, so there should be an announcement and we’ll see what happens. All we can tell you is what has been scheduled; we cannot make them do it. This is what they are telling us is about to happen. We’ve been here 4-5 years, and we have been keeping you in the moment, as soon as people came out of parliament or meetings. We gave you such detailed information that people were getting arrested! We have learned to curb some of that information, yet people continued to give us that info so that we can have confidence in what we do make public. So I thank all those who put their careers, families and lives on the line to give us hope with their information – not just for us but also those listening in Iraqi internet cafes. We appreciate what they are going through and know it is a life-changing event for all Iraqi citizens as well as for us. So thanks to all of them. If I don’t see you in Vegas, Michigan, Atlanta, I hope to see you somewhere. For those high ups in the background, I really, really hope to meet you and shake your hands and thank you on behalf of all of us dinarians.
I haven’t talked to the guy in the White House for two years, and he said then that if it didn’t happen by the 15th, there would be no back wall. He was right! They say it takes a village to raise a child, and it took a whole global community to do this. Thanks to everyone in all those countries, and enjoy the rest of your day. Comment
1-28-15 Mnt Goat: Hi Everyone. I wanted to pop on today to give all my dinarian friends a very, very quick and brief summary from a long conversation I just had with my CBI contact in Iraq. I literally just got off the phone.
I am going to tell you just what I heard but in a short summary format. In order to do this you have to know some background of what I have been telling you over these last few years. In other words THINK!
I assume you have been keeping up with my news letters. If you are completely new to this investment please assume what I am saying now is fact, relax and just try to understand and absorb it.
Then later conduct some research on your own afterwards if you chose not to believe me and verify what I am now saying.
I am not trying to predict a date or a rate but I am admitting I am adding in some of my own conclusions as to where all this information is leading Iraq. I hope you can see for yourself just how close we are to some kind of change in the value of the Iraq dinar.
I hope everyone also read my last news letters dated 01/25 since this is a continuation of this ongoing saga.
Today is Wednesday Jan 28th already. The final budget vote was postponed until today and then late last week we heard it was once again moved out until tomorrow Thursday 1/29.
I have repeatedly told you that the only issue with the budget is a matter of liquidity and having other laws in place to back up and support the budget size.
With the decrease in oil revenues brought on by the decrease in recent oil prices this has caused a dilemma for Iraq. How do they implement a budget this large with no revenues to match it?
Also we have seen over the last year an intentional effort by the CBI to bring in all the larger 3 zero notes (project to delete the 3 zero notes).
This was phase 1 with in country and phase 2 is taking them from us speculators. They did this so they can exchange them for USD or the lower denominations (to a very limited extent only in some provinces).
The CBI reported that nearly 80%+ of all the larger 3 zero notes had been collected from the Iraqi citizens already. All they had to use then was basically the USD.
Then in the middle of 2014 they outlawed using the USD and insisted in using the Iraq dinar. How can they do this since the collected over 80% of the dinar notes already?
They did this because the rollout of the revaluation called for it. After they sucked up most of the larger notes for USD they plan called for then exchanging the USD for the new lower denoms.
This was the final stage in the revaluation process. However the revaluation did not happen as planned. So they basically now have had very little currency in circulation for over a year now.
How did they get around this lack of physical currency in the market place?
What the CBI did to get around the lack of physical currency was to begin issuing money on the Qi cards for all government programs and salaries. These cards are as good as cash.
It also allowed them to turn in any remaining USD for what lower denoms were issued. Remember too these lower denoms were not supposed to be issued until the actual RV happened.
However they were staged at the banks already as the CBI collected truckloads of the USD from the process of taking it out of circulation. Some of the banks jumped the gun and with miscommunications from the CBI (once Dr Shabibi left) this just happened this way.
So some provinces are in fact now using the lower denoms but in a very limited extent since the CBI quickly issued orders to stop this rollout.
So this was a rehash of history as to where we now stand. In short - very little paper money of any kind in circulation and discouraged and outlawed using the USD.
In today’s conversation with my CBI contact I was told that if they open the budget today with an 1166 rate the country of Iraq will automatically be insolvent in the financial sector. Why?
Cause there is no paper currency in circulation to back it up. Remember they collected all the old 3 zero notes, or almost all of them and certainly not enough to back this sizable budget.
This is also why they have been playing with this budget for so long. They have been attempting to find a way to make it work without the revaluation since the USA has been up to now trying to push it out but instead has to keep stalling the process each time due to these matters in Iraq.
The USA did not want to push it out without the full approval of the CBI and the GOI. Finally they all agreed on the timing about over a week ago. Iraq would do it on their own timing and a schedule of possible timings was established.
Just these past couple days we read articles on the shifting of money from the CBI reserves to the five main banks in Iraq. Seeing that they just can’t give away money they loaned the money to the banks.
So the CBI reserves stay intact on the balance sheets. What does this mean?
It means they are positioning themselves and about to make some kind of drastic change in the value of their currency in order to support the backing of the 2015 budget amount. They are basically funding the new budget.
We all have seen a sneak peak of the new budget and now know this nonsense about the new rate being listed in the budget was just rumor. I told you they could theoretically pass the budget and open it to spend it with a 1166 rate, but only if they have the money to back it up.
Now with this shifting around of funds and a revaluation this is possible. They can actually now pass the budget and move forward if they decide to on Thursday. This is why I am now so optimistic this could actually happen this week.
Where do we stand today?
Today is Wednesday and just one day prior to the final vote of the budget. Will they postpone the vote again? Anything is possible but I am told they will not and Abadi is being very firm this time.
If they take this vote on Thursday and it passes (and it will) they will have had to have a revaluation or reinstatement of their currency prior to this timeframe in order to support all these funds they just shifted around at the 1166 rate.
Do you understand what I am saying? We may be very close.
In order to support the numbers in the budget they must have a better value to their currency or they will be insolvent in the eyes of the international community.
This is the last thing they want to happen not because they don’t have great wealth and assets but because they have no physical currency at the banks to back up their debt. The local banks not the Central Bank!
INSOLVENCY defined- When an individual or organization (bank) can no longer meet its financial obligations with its lender or lenders as debts become due.
LIQUIDITY defined - for a bank means the ability to meet its financial obligations as they come due.
If they pass the budget my CBI contact also told me they might wait a day or two in telling this news to the international community and keep it to themselves, if they run into a snag.
But once the world hears about the budget being passed they are in BIG trouble should they not have value to their currency to back it up.
So you see Al-Abadi has to make a decision soon on when to RV his currency. I believe this decision has already been made and we are now in the final countdown window…tic toc...tic toc.
Peace and Luv To Ya All. Comment
1-28-15 TNT DINAR CC: Today’s call at 10pst/1est. Great info and something new. – TNT TONY #wearethepeople
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1-28-15 sczin11: THE CONNECTION THAT HAS BEEN MADE WITH THE TIMING OF THE CBI ANNOUNCEMENTS YESTERDAY [reference Guru sczin11's earlier post 1-28-2015] , AND THE BUDGET VOTE TOMORROW...YOU CAN SEE WHERE THE PLAN IS IN FACT IN MOTION, AND THEY NEEDED YESTERDAYS CBI ANNOUNCEMENT IN ORDER TO COMPLETE THE BUDGET...REMEMBER, WE DONT KNOW WHAT WE DONT KNOW, BUT I WILL SAY, WHAT WE DO KNOW, IS THERE ARE NO DELAYS...THERE IS A PROCESS AND A PLAN...AND WE ARE WATCHING IT UNFOLD. Comment
1-28-15 Adam Montana: Article quote: "Parliamentary Finance Committee member Jabbar Abdul Khaliq al-Abadi, on Tuesday, that the financial budget was not completed until now for several impediments most important oil agreement with the Kurdistan Region..."He Abadi, MP for the coalition of state law, that the oil-exporting quantities of the Kurdistan Region is identical to agree with the Iraqi government, which may cause the implications of a negative for the completion of the financial budget for 2015. Also noted that the budget Finance did not include provisions for the National Guard to the failure to approve the composition of the very moment. According to al-Abadi, it is hoped to show the budget in 2015 to a vote during the session next Thursday." Ah-ha! So it looks like I was wrong... perhaps we'll see the HCL before the budget. Comment
1-28-15 Millionday: Article quote: "CBI agreed to support the liquidity of commercial banks, and finance the state budget loan amount six trillion dinars, and buy back treasury bonds from the secondary market."
CBI HAS AGREED TO FINANCE THE BUDGET AND PAY FOR THE BONDS IN A BUY BACK. CBI HAS UPHELD THE WORD OF IRAQ AND BACKED THE BONDS -- ALSO AS WE KNOW THIS DOES NOT TAKE FROM THE RESERVE. THEY HAVE RELEASED ONLY THAT THEY ARE GOING TO DO THIS BUT WE DONT KNOW THE DATE. Comment
1-28-15 Vinman: The Iraqi budget should be calculated, complete, voted and approved in less than or equal to 24 hours. TIME IS RUNNING OUT!!!! Comment
1-28-15 G T: So it looks like (AT THIS MOMENT) it looks like The USA is going to allow Iraq to Announce their Budget within the Next 24 Hours (It's been voted on, Recalculated, & Adjusted NUMEROUS TIMES & HAS BEEN READY FOREVER)!!!
The SAND IS FLOWING THRU THE HOUR GLASS ............FAST!!!!
The Currency & STOCK Markets are FALLING LIKE CONCRETE BOOTs!!!
The Worlds Waiting. Comment
1-28-15 R.V. / GCR: Problem is the codes were given again last night to set platforms … yet no release ... what the hell.
Looks like, they are going to wait 16 more hours for final preparation then allow that handshake.
The rest of the word John Q, Public looks still for an exchange date of approximately Feb 1st.
Whichever, as it would be a great blessing just to see the Economic reality.
The biggest hope is its all set in stone before February 5th in preparation of the new Forex Currency offices set to open in Iraq ... Timber ...Timber... Timber ... it looks good from where I Sit. Comment
1-28-15 Stage3Alpha: The meeting's agenda No. (9) Thursday (29) January 2015
January 29, 2015
Third parliamentary session
The first legislative year
Legislative Chapter IIFirst, read verses from the Koran.
Second, the vote on the draft general budget of the Federal Act of 2015 (the Finance Committee [wink]. (Article 41).
Third: Hosting the Minister of Interior.
Session begins at: eleven in the morning.
1-28-15 Mailman17: EVERYONE FORGETS IRAQS PAST...THINGS THAT WERE BROUGHT UP IN THE PAST BUT HAVE MAJOR IMPLICATIONS TO IRAQS FUTURE. PHOSPHORUS MINES, THE 3-D GEOLOGICAL SURVEY ON IRAQS OIL NOT EVEN TAPPED (WHICH BY THE WAY IS DOUBLE WHAT THEY HAVE IN RESERVES RIGHT NOW) THEIR NATURAL GAS FUTURE. I BRING THIS UP BECAUSE IT IS FORGOTTEN...BUT PLAYS INTO IRAQS FUTURE AS THE LEADING ARAB NATION IN THE FUTURE. THEY ARE LOADED...AND THEY WILL BURST OUT WITH A FLURY. THEIR REVENUE OUTSIDE OF OIL ONLY BACKS THEIR CURRENCY EVEN MORE. BELIEVE ME THAT THIS WAS AND WAS ALWAYS CALCULATED. THEIR MAIN OBSTACLE WAS GOVT...ESPECIALLY MALIKI...HES GONE. LET THE FIREWORKS BEGIN...JMO. Comment
1-28-15 Shredd: The dinar has appreciated via a managed float without any Article VIII compliance so, one could assume a continued move of the dinar rate, managed by the CBI, could continue but regarding moving to a free float that is market driven, that is the part others are saying is contingent on compliance and it makes no difference to me the method...we win either way. Comment
1-28-15 sczin11: IT APPEARS WHAT WAS DISCUSSED IN THE UN-ANNOUNCED MEETING THIS PAST SUNDAY, HAS BEEN MADE OFFICIAL...THE CBI IS GOING TO PROVIDE MONEY TO THEIR LOCAL BANKS, IN ORDER TO CREATE LOANS FOR THE PRIVATE SECTORS, JOBS FOR MORE IRAQI CITIZENS, AND IS GOING TO BUY BACK BONDS TO SAVE THE GOVERNMENT ON INTEREST PAYMENTS, THUS AIDING IN THE "LIQUIDITY" ISSUES. Comment
1-28-15 Backdoc: FIRST, A HUGE THANKS TO WALKINGSTICK FOR HIS CONTINUED SKILL AT BEING THE BEST NEWS HOUND IN THE DINAR WORLD PERIOD!
AS I'VE MENTIONED BEFORE, THE STRONG DOLLAR TRAIN IS ROLLING DOWN THE TRACKS LOOKING TO COLLIDE WITH TRAIN NUMBER 2 QE IN EUROPE!
TODAY WE SEE CONFIRMATION OF MY RECENT POSTS! WITH MANY BIG COMPANIES LIKE MICROSOFT BEGINNING TO MISS EARNINGS, GROWTH LOOKS TO BE A FOREGONE CONCLUSION AT THE MOMENT! THE FOLLOWING ARTICLE CLEARLY STATES CHINA'S CHANGE FROM A MONEY PRINTING OR DEBASING POLICY TO ONE OF HAVING TO SUPPORT ITS' CURRENCY AS MONEY FLOWS ARE LEAVING THE COUNTRY!
AS I MENTIONED THE LOWER BLACK GOLD GOES THE STRONGER THE DOLLAR WILL GO. IN ADDITION, THE EU QE IS ACCELERATING THE DOLLARS STRENGTH. THESE TWO TRAINS ARE IN A COLLISION COURSE THAT WON'T END WELL!
AS THE DOLLAR CLIMBS IT MAKES THE STOCK MARKET OVERVALUED EVEN IF IT DOESN'T GO UP. GOLD IS IN THE SAME SITUATION. EARNINGS WOULD HAVE TO ACCELERATE UPWARD WHICH WE CALL GROWTH. SO WHERE IS THE GROWTH? NADA!! WHAT WE ARE NOW SEEING IS EARNING MISSES! THIS MEANS ONLY ONE THING IT MUST REPRICE LOWER!!
WHY DO I BRING THIS UP? MAYBE JUST MAYBE WE ARE IN WAITING FOR THE MARKET TO REACH THIS CRISIS POINT BEFORE A SO CALLED BAILOUT RAISES ITS' HEAD. COUNTRIES ARE SITTING ON CURRENCY SWAPS PRESENTLY THAT ARE VALUED AT 1166! WHEN THIS REPRICING EVENT UNWINDS WE WILL SEE THE FOLLOWING! TREASURIES THAT HOLD DINAR WILL OVERNIGHT FIND SIGNIFICANT VALUE TO AID THEIR FAILING BALANCE SHEETS! "WHEN THINGS ARE THE WORST THEY ARE THE BEST"
CURRENCIES AROUND THE WORLD ARE BECOMING DE-STABILIZED! THESE TWO TRAINS WILL COLLIDE SOON AND THERE WILL BE CARNAGE! WHAT YOU AND I HOPE IS THAT WE WILL SEE A RATE SOON TO STABILIZE MARKETS AND COUNTRIES CURRENCIES!
AS I MENTIONED EARLIER, RUSSIA IS BURNING CASH TO SUPPORT ITS RUBLE WHILE IT GOES TO JUNK. CHINA NOW CLEARLY IS DOING THE SAME AS THEY ADMIT THEY AREN'T THE LARGEST ECONOMY SINCE THE OVERSTATED THEIR GDP NUMBERS! I USED THE TERM THAT THEY WOULD BEGIN A SLOW BLEED NOW OF THEIR RESERVES, IT APPEARS THAT IS NOW UNDERWAY!
IF WE SEE AN IR BEFORE THESE TWO TRAINS COLLIDE SIMPLY WAIT TO MAKE YOUR BIGGER MOVES IN THE BANKING AND INVESTMENT WORLD! WE ARE ON A COLLISION COURSE! IN TECHNICAL TERMS THE MARKET IS CLOSE TO FORMING A TECHNICAL PATTERN THAT SHOULD BEGIN TO MAKE A SIGNIFICANT MOVE TO THE DOWNSIDE!
I THINK GOLD WILL HOLD OUT A WHILE LONGER BEFORE GIVING UP SOME! EVEN IF GOLD STAYS WHERE IT IS NOW IT WOULD BE LIKE GOING UP AS THE DOLLAR CLIMBS HIGHER! IT WILL BE DIFFICULT FOR IT TO HOLD AROUND WHERE IT IS IF THE DOLLAR KEEPS RISING!
IN THE NEXT 5 WEEKS AS THE EXPERTS THINK, WE MAY FIND A NEW BOTTOM IN THE STOCK MARKETS WHILE BLACK GOLD HOPEFULLY FINDS ITS BOTTOM!
HERE IS MY THOUGHT, THE TIMING OF THE IR I THINK IS CORRELATED TO THIS COLLISION!
COUNTRIES WITHIN DAYS OR WEEKS WILL BEGIN BLOWING UP FINANCIALLY IN SOME WAY, THERE IS NO ESCAPE UNLESS THE TWO MONETARY POLICIES SOMEHOW CHANGE!
THIS IS CERTAINLY NOT NEGATIVE TO ME, ITS EXCITING BECAUSE CHANGE IS COMING AND THE DINAR IS THE SOLUTION TO THIS TRAIN WRECK IN MORE WAYS THAN ONE!
ALSO, I MENTIONED THAT WE WILL LIKELY SEE CHINA RESTATE ITS GOLD RESERVES SOON AND WANT TO ENTER THE MULTILATERAL SYSTEM IN THE SDR FORMAT! WALKINGSTICK PRESENTED A GREAT ARTICLE ON THIS TODAY!
VERY EXCITING TIMES TODAY WITH THE DOW BEGINNING TO WAVER NOW. BASED ON HOW FAR BLACK GOLD HAS DROPPED AND OTHER COMMODITIES I EXPECT SOMEWHERE AROUND 30 TO 50% CORRECTION IN EQUITIES! BONDS COULD TURN UGLY AS WELL.
GLAD I'M SHORT THIS MARKET! LOL 8@8, DOC Comment
1-27-15 OK ROCKS: They are going to purchase debt in the secondary market, there is no country that can do that unless they ARE on the international stage ... so they are telling us they are DOING IT RIGHT NOW! LOOKING FOR IT TO ENTER THE STAGE TONIGHT! PRAYING ... OH DEAR LORD THANK YOU IN ADVANCE! Comment
1-27-15 Aggiedad77: It is our opinion that when the CBI implements these things they talk of.....they will have had to release a rate....to trade on the secondary market requires that a country have a recognizable currency...that to me is a key thing at this point...We just don't know when it will occur....hopefully Thursday...in the meantime we continue to watch what they do and say. Aloha Randy Comment
1-27-15 Frank26: Greetings Family. I want to go over an article that WalkingStick brought to KTFA this morning, it is from the CBI, something they first posted there, but we brought to you first thing this morning. WalkingStick would you be so kind to repost this article please.
The article talks about the CBI doing three things:
1. They will be making 5 trillion dinars available to commercial banks for the purposes of loans…what kind of loans…loans for agricultural, industrial, and home loan/building uses.
2. They spoke of offering up to 50% of commercial bank reserves, up to 6 trillion dinars using this amount whatever it settles out to be to finance public budgeting.
3. And lastly, a buy-back of 5 trillion dinar in form of treasury bonds…this is to be done on the secondary market, meaning they must be doing this with a recognizable currency not something at the program rate….this would be a transaction with the world!
Now why is all this so important…..IOO…..we believe the CBI is TALKING and talking loudly.
The Finance Committee has been crowing all day that they are soon to be ready, they worked through the night to have the budget prepared to present to the President of Parliament…..done.
This means they should be voting on the budget on Thursday during their normal session starting at 1:00 pm Iraqi time….but there is nothing in stone yet that says we will see the budget on Thursday.
You will see or read that the budget has the 1166 rate in it, but that matters not….what matters is what the CBI is saying and what they have intentions of doing….what we still look for is when the CBI will work their magic.
They will be loaning money back to these banks that they received from them in the past months….remember they each had to up their ante with the CBI to stay in business…..that is why the CBI said they were not touching their “special reserves”….the reserves of Iraq….they are instead using the money of the banks to make the loans mentioned in the article.
It is what we’ve been saying, the CBI is in charge of this event, they work in conjunction with the GOI most recently, but the CBI is calling the shots as they indicate in this article. The CBI is going to take care of Iraq’s liquidity issues with these steps.
Now we can’t say that their actions will take place by Thursday…we are interpreting what the CBI is saying in this article and what must happen when they say so……no we don’t know the date or the rate….KTFA does not go there, remember.
Just be ever so vigilant to what the CBI is doing and how they go about their business. Aloha Frank
PS....a special recording from Frank:
1-27-15 tman23: Jabouri said A CUSTOMIZED PARLIAMENT SESSION will be held Thursday...They will vote on the budget...But to customize may indicate that a number of other laws are going to be presented for vote...LIKE ALL AT ONE TIME AND BEFORE FEB 1st. Comment
1-27-15 @JCR3758: All is still great and it appears that we may be in the final window for the release of the RV. Abadi has set a date! Comment
1-27-15 AJM0603: Based on what is happening in Iraq on Thursday with the announcement of the finalized Budget, The RV would then (let me rephrase that: SHOULD happen) happen Tonight or Wednesday night. Comment
1-27-15 The Big Call: Tuesday Jan 27th 1/27/15 is at 9 PM ET
We will discuss the latest about the economic reform occurring throughout the world... subjects for future calls... and talk about how to be ready for our exchange. Join us tonight to be part of the discussion.
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No access code is needed for either line. Q and A is still working fine.
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1-27-15 The I.Q.D. Team Connection: Straight Talkin Mike, L.J., Diana, Debbie & Kim Investigate, Question, Deliver "Connecting ALL The Pieces"
Conference Call Tuesday, Jan 27, 2015 @ 8 PM EST
Call in Number: 760-569-7676 / Pin: 769478# or
Back Up: 760-569-7676 / Pin: 712222# (listen only)
1-27-15 Enorrste: Article quote: "Revealed the appearance of Mohammed Saleh economic adviser to Prime Minister Haider al-Abadi for near immediate reform policies in the country, and Saleh said that there are reformist policies going to go out soon, adding that those policies will serve the Iraqi people, despite the circumstances through which the country..."
What is especially appealing about this announcement is that they are moving forward "despite the circumstances" having to do, presumably, with the security situation. ..."reformist policies" must refer to economic policy and in particular to the CBI role in changing the exchange rate regime. Since it is Saleh who is making this announcement this must have to do with the CBI rather than the COM. Saleh is the "go between" between the GOI (Abadi) and the CBI.
Therefore, I feel confident that this article is referring to the change in the exchange rate regime. It is great news indeed. Now all we need to know is the meaning of "soon." LOL Comment
1-27-15 anmb: CAPTAINS LOG : January 27, 2015...on-board SS3 Alpha, Epilogue 1 :"Planet RV in Site"...All station members be on high alert for exchange. There are no Klingons (a.k.a Cabals) within 93 million miles of our exchange centers & Banks.
Your new task to after exchange is become debt free, rebuild your & family's personal health, create new memories, pay it forward, honor longtime members & those who have passed on, celebrate those warriors (Dinar Gurus) who have been directing the Intel squads for eons.
Enjoy your wealth, it's a Divine blessing, but remember to invest wisely for today & future. Warp speed ahead..."aye.aye Capt'n we've got enough power"....TIMBER!!!!!!! KABOOM!!!!. Comment
1-27-15 Shredd: "The central bank also decided to buy Treasury bonds from the secondary market, where the central bank will buy about 5 trillion dinars in the first phase of these bonds," adding that "the above procedures for upholding the private reserves of the Central Bank."
When a bond is first sold in the market, it is initially bought in large pieces to a small (usually private) group of investors such as banks and large institutional funds.
This initial purchase is done in the "Primary Market". It's the first line of lending.
From there, these initial holder group will typically sell all or a portion of their investment at a favorable spread and in smaller pieces to a larger audience in the public sector. This is done in the "Secondary Market".
So, why do we care? The CBI is participating in this process to stimulate investment in the secondary market, to the public sector and at the same time benefiting from this favorable process to uphold its reserves.
Make sense? The CBI is playing a huge role in stimulating the investment in their country! This is proof in the pudding folks and the positive ripple effects of them facilitating investment in this manner is textbook and will fast forward investment money and returns for Iraq.
By the way, this of course, will substantially support adding strength to the dinar. it's all good...........so much proof that the central bank and the GOI are working together to now bring economic growth to the country and that translates to Iraq getting out of a dual currency situation.
IMO, this is also proof that both entities know the dinar is stronger than the dollar to be working on making this move... but that last part is my opinion. Comment
1-27-15 Aggiedad77: This is my opinion ... I believe they are communicating that they (CBI) knows what the rate should be ... and through their reserves, currency, but mostly the hard reserves they have gold and such ... they can cover things out to 1.5 times ... we've seen this statement from them on several different occasions and to me it is very positive on their part to be saying this ...They know they have solid reserves ... the world knows they have solid reserves ... just keep watching for who is truly in control ... the CBI wants to talk. Comment
1-27-15 Mailman17: WE HAVE SEEN IRAQ TAKE GREAT STRIDES TO NOT ONLY GET THEIR GOVT IN CHECK BUT THEIR ECONOMY READY FOR GLOBAL RECOGNITION. SHABS HAS STATED MORE THAN ONCE IN THE PAST THAT THE CBI'S GOAL WHEN ENTERING A MARKET ECONOMY WAS TO BE ON PAR...ON PAR WITH THE DOLLAR. IRAQS ECONOMY HAS BEEN LINKED TO THE DOLLARS VALUE SINCE 2003. THE U.S. DOLLAR WAS USED MORE IN TRANSACTIONS THEN THEIR OWN DINAR...DAILY.
THEY HAVE ENOUGH RESERVES BACKED BY FRACTIONAL BANKING (15-1) (NOT 10-1 AS SOMEONE ELSE STATED) TO ATTAIN A 1-1. WITH A 4MBD OUTPUT, MOST LIKELY TO FAR SURPASS THAT IN THE NEXT FEW YEARS NOT TO MENTION THE OTHER RESOURCES SUCH AS NATURAL GAS AND PHOSPHORUS. YES, PHOSPHORUS...THEY HAVE ENOUGH TO BRING THE WORLDS RESERVE BACK TO 100% AS IT IS USED IN A LOT OF THINGS LIKE STEEL AND MEDICINE...ETC.
IRAQ IS A GOLDMINE. GOLDMINES START STRONG AND BUILD ... IMO ... DEDOLLARIZATION IS THE KEY ... AND THE IRAQIS MUST HAVE FAITH IN THEIR OWN CURRENCY FROM DAY ONE ... AND SEEING AS THEIR ECONOMY IS BASED ON THE VALUE OF THINGS PURCHASED AGAINST THE VALUE OF THE DOLLAR ... I TRULY SEE THEM COMING OUT LIKE SHABS SAID ... ON PAR OR A LITTLE BETTER ... STAY FIXED ... THEN OPEN THE MARKET DOWN THE ROAD WHEN STABLE...THE PRINT TELLS US WE ARE CLOSE, REAL CLOSE ... AND IRAQ IS A LOT BETTER THAN MOST THINK IN REGARDS TO SECURITY ... JMO. Comment
1-27-15 BGG: Dinar Morning Drive Call
News w/ BGG – Mon. Jan 27th (10:00 am)
1-27-15 Chattels: IF THE BUDGET ARRIVES AT PARLIAMENT TOMORROW THE NEWS SAYS WE MAY HAVE A VOTE, BUT IF NOT THEN MAYBE NOT UNTIL NEXT WEEK. I AM BEGINNING TO ASSIGN GREATER SIGNIFICANCE TO THIS BUDGET THAN YEARS PAST.
INTERESTINGLY ENOUGH THERE WAS MENTION OF THE IMPORTANCE OF THE BUDGET IN DISCUSSIONS ON NATIONAL RECONCILIATION. CERTAINLY IT IS A "HUGE" BUDGET/ISSUE FOR THE KURDS, AND I DO NOT USE THE WORD "HUGE" LOOSELY. IT MAY NOT "TRIGGER" OUR EVENT, BUT OUR EVENT MAY NOT PROCEED WITHOUT IT. Comment
1-27-15 sczin11: RE: CBI, MAJOR DETAILS COMING IN MANY VERSIONS, OF THE RELEASE TODAY ON THEIR WEBSITE, WHICH IS BASICALLY THE FINALIZATION OF THE UNANNOUNCED MEETING THEY HAD ON SUNDAY...THEY ARE TAKING CHARGE, AND MY MAJOR QUESTION IS, WHO IS RUNNING THE SHOW? I FIND IT VERY UNLIKELY, KEYWORDS (LOL), ALI MOSHIN ISHMAEL IS MAKING THIS HAPPEN...JMHO.
I STILL AM A BELIEVER THAT THE BUDGET NEEDS THE RV TO BE EXECUTED THE WAY THEY INTEND IT TO BE...THE REVERSE TO ME IS LESS SIGNIFICANT, MEANING RV DOESN'T NEED BUDGET. Comment
1-27-15 BGG: Follow DU for Dinar News Updates all day!!
Dinar Morning Drive Call!!
w/ BGG – Monday 1/27 @ 10:00 am CST
Click on the banner in the upper right corner
We'll do a "Morning Drive Call today in place of our normal Tuesday evening call - in a few days we'll go back to a more normal schedule (if we need to). BGG
1-27-15 LoveThisFamily: Banking Law, HCL, Budget ... Parliament has a busy week. Comment
1-27-15 G T: So IRAQ'S ON RECORD ... AGAIN to Vote & Approve their Budget AGAIN ... THIS THURSDAY!!!
Iraq has Adjusted their Oil Rates from $60/Barrel to $55/Barrel
DIDN'T THEY DO THIS ALREADY????
Don't they Need a LIVE RATE For the Budget to Be Valid?
Don't they Print the Gazette's on Wednesday's?
Doesn't this tell you .........ALL'S DONE & This is JUST A SHOW???
IF IRAQ TRULY HAS CONTROL of Their Currency Revaluation.....WHY ARE THEY WAITING???
What is this SAYING TO YOU/US!!!!! Comment
1-27-15 Mailman17: ANYONE WHO THINKS IRAQ WILL ANNOUNCE THEIR CURRENCY TO THE WORLD IN AN OPEN MARKET AND LEAVE IT AT 1166 HAS A NUT LOOSE. THAT WOULD BE A SLAP IN THE FACE TO THE CBI, IMO. WHEN THEY COME OUT...THEY WILL COME OUT STRONG. OVER A 1-1 GUARANTEES DE-DOLLARIZATION WITHOUT STICKER SHOCKING THE LOCALS.
A FLOAT DOES NOT DE-DOLLARIZE...PERIOD. IF THEY WANT TO GO TO A FIXED AND MANAGED RATE TILL THINGS SETTLE...THEN LET THE DINAR BE MARKET DRIVEN...FINE...THATS SOUNDS MORE LIKE A PLAN THEY CAN MAKE ADJUSTMENTS WITH DAY TO DAY...EITHER WAY THE PRINT TELLS US THEY ARE READY TO MOVE AND IT LOOKS LIKE BY FEB 1 COULD BE OUR WINDOW. AS ALWAYS, JMO. Comment
1-27-15 Stage3Alpha: In an official statement ... Parliament sets Thursday's meeting to vote on the budget. An official statement to the House of Representatives, said today that "the Council identified in its next Thursday to vote on the draft federal budget law for fiscal year 2015." Comment
1-27-15 Millionday: THEY ARE EXPECTED TO VOTE ON BUDGET ON THURSDAY "...the parliamentary Finance Committee announced today that the parliament session next Thursday will vote on the budget bill..." THIS IS ANOTHER STATEMENT SAYING THURSDAY IS BUDGET VOTE DAY.
THE HCL IS GOING ALONG VERY QUICK FINALLY -- I REMEMBER A TIME THEY THOUGHT IT WAS DONE --- THE NEXT SESSION MAY HAVE THE HCL WITH ITS AGENDA. [When is there next session...Thursday?] YES I BELIEVE IT IS BUT THEY HAVE STEPPED UP THEIR SESSIONS SO IT COULD BE SOONER. Comment
1-27-15 Iraqi News: Urgent: Kurdish Peshmerga forces regain control over Syrian city of Kobanî.
On Monday, activists in the Syrian town of Kobanî stated that the Kurdish forces, known as ‘Peshmerga’, have regained full control of the city, explaining that the ISIS organization is currently stationing about 6 km away from the border.
A civil rights activist in Kobanî, Shorsh Van Dosky, said in an interview for IraqiNews.com, “The Kurdish forces regained full control of the Kurdish Syrian city of Kobanî,” noting that, “The Kaniya Kurdan neighborhood has been liberated; it was the last area in the grip of ISIS.”
Dosky added, “The ISIS militants are currently stationed nearly 6 km away from the borders of Kobanî,” pointing out that, “Kurdish Peshmerga forces, now present in Kobanî, have taken all precautions to secure the city against any possible attacks by ISIS.”
Dosky emphasized that, “The People’s Defense Units (YPG) began to raise its flags throughout the city and the highlands that surround it,” adding that, “It is expected that the displaced population from the city on the Syrian-Turkish border start returning to their homes.” Article Link – Comment
1-27-15 Aggiedad77: Article: "Will approve the financial budget for 2015 on Thursday" With optimistic expectations some are saying the budget will be approved on Thursday....the deficit appears to have been reduced to 21% from what they are also saying.....can't wait to see what this will bring. Comment
1-26-15 Aggiedad77: This is my opinion....a left-handed Texas Aggie.....but I believe they are communicating that they (CBI) knows what the rate should be....and through their reserves, currency, but mostly the hard reserves they have gold and such....they can cover things out to 1.5 times.
We’ve seen this statement from them on several different occasions and to me it is very positive on their part to be saying this....I don't believe it to be cockiness, but rather them stating a fact.
They know they have solid reserves...the world knows they have solid reserves....just keep watching for who is truly in control....the CBI wants to talk. Aloha Randy Comment
1-26-15 OMEGA MAN: Chinese moved deadline to Wednesday. Let's hope it's the last move/delay. Comment
1-26-15 Sambo: OKIE IS IMPROVING - THE SHINGLES ARE HEALING - HIS COPD IS ONGOING BUT HE IS IMPROVING. Comment
1-26-15 JoePilot: Protests in Bagdad concerning being unpaid for 8 months. This is direct from a Twitter feed from an independent journalist in Iraq, looks like the pressure for RV is increasing!
@janearraf: #Iraqi government contract workers unpaid for 8 months protest near #Baghdad green zone. Only 1 camera allowed - assume interior ministry.
1-26-15 sczin11: THE FACT IS...IT CAN HAPPEN AT ANY TIME...IT IS IN THE PROCESS, AND GOING ON... CAN IT GO PAST WEDNESDAY, OF COURSE ...AS LONG AS THE NEWS RELEASES CONTINUE IN A POSITIVE WAY, AND THERE ARE NO CURVE BALLS THAT SHOW UP....WE ARE IN THE RIGHT PLACE! JMHO. Comment
1-26-15 Aggiedad77: Article: "Parliamentary Energy reveal an alternative draft oil and gas law of former Law" The Council of Ministers is currently working on a draft of an alternative oil and gas law....one that is away from the original draft which they say was full of disagreement and problems...in typical Iraqi rhetoric they are saying the new draft will be presented to Parliament in coming sessions...soon...we shall see...maybe it will get ignited later this week if the budget gets passed and is out of the way. Comment
1-26-15 Tlar: Article quote: "decided CBI, take the necessary measures to boost liquidity measures in the banking system and the simplification of foreign currency sale in order to facilitate the stability of the market and exchange rate measures." The CBI just paved the way for the government to implement all their new programs by this move. Between the 2 million loan from the IMF and the CBI backing the government by financing the debt, the government is now free to move.
The CBI announced that they have 1.5 times in reserves for all the dinar out covering every dinar 1.5 times. That is much more than they need to back their currency especially circulating currency. It's obvious to me Keywords is on onboard and trying to help the government achieve a successful transition to a market economy or why do this? You only have to ask yourself this question. Would the bank under Shabibi, or Turki loan money or back government instruments prior to this government? The answer has to be a firm no. Both stated they would not loan money to the government.
Now with the CBI's backing and support, the Abadi government should have no problem raising the funds necessary to proceed. IMO keywords is showing he is on board with this move and ready to go to the wall for the Abadi government. Another good sign IMO we are very close. One more thought. Kuwait postponed their payments in 2015 and Egypt just relaxed their debt for oil shares.
Abadi is truly clearing the way for Iraq to come out of fog in 2015 and quickly participate in a successful 2016. The pass he just made, visiting all the countries he just visited, IMO he was selling oil attempting to gain new markets and increase existing markets, and making sure that those countries were on board to shortly accept the dinar in trade. It is of benefit to all their trading partners to now accept the dinar, and shortly they will. Abadi is a very smart guy. Comment
1-26-15 AIN: New "Boeing" Plane received by Iraqi Airways. The Iraqi Airways has purchased a Boeing Plane 800-700. The Iraqi Airlines enhanced its fleet with a Boeing Plane 800-700, said director general of the Airlines, Sa'ad Al-Khafaji. This type of planes has high specifications and can cross long distances over the Mediterranean till reaching the European capitals, he added. Article Link - Comment
1-26-15 DC: Everything is still within the window and ready. Iraq is finalizing their checks. The USA is in a wonderful state and it's "let's go." Everybody got back in town and more paper work was signed. Parliament announced via TV they are ready for the economic reforms "like the CBI."
My understanding is there were quite a few meetings yesterday and teleconferences this morning. Those all came back with green light. This is what we are receiving, but things can change. But my expectation is that it won't. Rates are still on the cards are 3.58. Still will be in the mid-3's. Everything is beautifully lined up. Comment
1-26-15 JC @JCR3758: Over the weekend Adabi had several meetings w key people & members of his cabinet to go over details of Davos seminar. Yesterday he again. Got together w/ Finance minister to confirm readiness for economic reform implementation. Final review done. GOI informed CBI that they are ready. Formal notification sent to UN this morning of compliance with established agreement. Things are lining up. Comment
1-26-15 Enorrste: Within the next 30 to 60 days we will see the beginning of the rise in the value of the dinar. I don't expect a major announcement, however. Instead, I believe the street rate will come down to the official rate and then pass it, at which time the CBI will either "ratchet" the official rate on occasion to keep pace with the rise in the street rate value, or, more likely, make an official change in the exchange rate regime to link the street rate and official rate, thereby initiating the float.
After that, some months probably, they will move to Article VIII. At that point the investment will substantially increase into Iraq, even beyond whatever Abadi is able to get started from last weekend's conference, since Iraq will be playing in the 'big boy" ballpark under the same rules as the rest of the world. I am quite optimistic, in case you did not notice! Comment
1-26-15 TNT DINAR CC (Notes by Adept1):
Replay 805.399.1500, PIN CODE 409029#
Tony: Good morning, TNT! Today is Monday, January 26, 2015. We only have a couple minutes with DC, so he will start.
DC: Everyone should have had a good weekend, because everything is looking beautiful. Everything is within the window, everyone is ready. Iraq is doing a few final checks, and the USA is now saying, “let’s get this thing done”.
Everyone got back in town on Sunday. More paperwork has been signed with yet more final agreements and game-day checks. They are ready to go at Parliament and this has been announced on television that everyone “like the CBI” is ready for the economic reforms. This is all on the websites as well.
Our friends throughout Iraq are incredibly ready to go and are getting antsy that this is not done yet. What are the last-minute checks? When they got back and all the legal documentation was ready, they want to make sure this finally goes. Many are worried about being over-prepared. If you are over-prepared, you are past your peak performance through working too hard, you are not as relaxed and things aren’t as clear as they should be. A lot of folks were worried that everyone was wound too tightly. I understand there were meetings in the country and conferences with the IMF, and they all came back with a green light, anticipating it will go.
Tony: week before last, they made an agreement and a projected date through the end of the month… or else. Everyone agreed to that. The US has been pushing it every day and they haven’t gone. Now the US is saying “Come on!” Iraq has said several times they will do the final vote on the budget and approval, and then moved that date several times – to Thursday. Now they have announced economic reforms will be re-introduced Tuesday-Wednesday with the final approval on Thursday, and they want the RI to happen before then. The CBI has put out articles saying they are ready for the reforms, and we know the cutoff is the end of this week. So everyone is excited and happy at this point.
Even though we give you the details as we have them, this is live news right now, and those details could change at any moment.
DC: My expectation is that they won’t change, but… The US is not aggravated that this didn’t go through over the weekend. At the meeting 2-3 weeks ago, there were specific dates and times, and we are still within the window, but some who were not read in to that final agreement are now aggravated this hasn’t gone through. Everyone in Congress and the administration and that banks – they are all ready to go.
According to speculation, not direct intel, the US was adamant about when this should go – after the markets close and before the open back up, US time. It’s still Iraq’s ball, but given prior history, it’s my strong speculation that this will happen at night (US time) so that US will not stutter when they support US. The rate on the cards is still $3.58, and that could change a little but that’s the ballpark. Everything is lined up, and there is not much to say.
Tony: Everything is really good – we just have to wait. The banks are on standby and ready to go. They have been given a date and time this week, and they expect people in to get us started. Nothing much else to talk about; we’ll just wait and see what happens.
337 caller: [Appreciation] I’m an accountant, and I’ve learned more from you guys than years of work. How does an American invest in the ISX when it becomes available?
DC: Most stockbrokers have access to the ISX, and any trading platform that now allows you to buy on foreign stock exchanges will hook you up from this summer.
Tony: The guy in Afghanistan has sent me links and documents on how to invest in that country at 8.5% per quarter. I’ll send that to Pam and she can post it somehow.
Caller: What is the correlation between Russia and natural gas? How does China think it can become #1 in the next 50 years?
DC: Russia sells most of its natural gas to Europe, and in a cold winter, they have a lot of economic power there. Russia has cut a deal with China on the Siberian pipeline, and China got a great deal – they got a bunch of natural gas for very little. China has been on the rise for a long time, growing at 5-8% for a while. One hundred years ago China was mainly agricultural, but now they are industrialized and now produce a lot of exports. It’s increasing the pace of consumption as well as economic growth. Their one-party system makes it easier to control this, and they have become better capitalists than we are. They’ve steered through some rocky aspects more efficiently. The downside is that their human rights are atrocious, because their view is that the needs of many are more significant that the needs of the individual. That’s taken a toll on the countryside. With 2.5 billion coming up from a laborer’s lifestyle to a middle-class lifestyle, all at the same time. One friend’s grandparents worked in the fields and sold to one person. His parents lives were different – his father ran a bureaucratic office and his wife worked as well. His cousins still regard dogs as food. They are going through immense change, very rapidly. When you hear about BRICS economies growing so fast, it’s because they are coming from an 18th century economy into a modern economy – that a lot of change, and with lots of investment opportunities.
Caller: Please ask Pam if we can create a long-term alliance of some kind.
Tony: I don’t’ understand Pam and what she says. I just do what she says.
301 caller: [Appreciation]
Tony: Pam and the Mods do not get enough credit for what they do, which is a lot!
323 caller: I’m excited and ready to get this moving. For the dong, what’s the low end and the high end? And DC, when will your book come out?
DC: Forty-seven cents and $1.02. AT this point, they are not letting me write a book or create a museum. I really think it’s important to study this event and its effects on the future. We have museums for WWII and other major events, and I have a great stop picked out for it. They say I can’t do it because of the NDA, but we’ll see. I get it; some don’t care for Tony or for me, because we’ve made their lives more difficult. I hope that when everything has calmed down, this can be memorialized in some kind of research center or a Presidential library.
Tony: We got the letters that we are making into books, and we are giving them to the principals so that they know that this was about from our end. They have not told me what they told DC. Anyway, in 15 years they’ll all be dead. Besides, it’s nothing to do with us. Those who are upset should be pushing for this because it’s part of history.
DC: I know two guys who are top historians. Remember what Winston Churchill did after WWII, gathering the documents and writing about what it meant to him. Also, Alexander the Great took historians with him.
Tony: At the very least, we should put this in a time capsule.
Caller: You think it could happen this week? Everyone keeps asking me ‘when’? All my kids have bought dinar – even the youngest at 13. I’ve always looking at things globally, but never as closely as before these calls. It’s not about us – it’s so much bigger. I listen and read, and say to my family, “Tony is right!”
Tony: Absolutely – it should happen this week! The window we were given was through the end of the month, and that was two weeks ago, so we are closer still.
Caller: Pam, Tony is right!
718 caller: [Appreciation] My wife doesn’t like you because you take up a lot of her time! She is listening to Tony on her iPad, and she falls asleep listening to you, Tony! She won’t let me take her iPad away! <laughter> Despite that, I appreciate all you do!
Tony: When I was in MLM one lady said her husband hates it when she says my name, and they ended up getting divorced!
DC: WE need a new slogan: “Tony and DC, putting people to sleep since 2010!”
602 caller: I’ve never been on the call, although I’ve been in this since 2003. We are the poster kids for fortitude and longevity. Is the 2% bank fee still going to apply?
Tony: Typically for those who have exchanged already, they have been charged 2% (unless they didn’t want to be).
636 caller: Is DC still on? [No.] I’ve been at this four years; two years ago I eliminated everyone else and I’ve just listened to you. To use DC’s phrase, let’s cut through the crap. The person who got me into this started complaining about you and DC and all the other gurus, that you were full of it. He said I should listen to the “Midwest” call. I did last night, and they said the only way anyone will cash out is through a group. You have to send your details and your dinar and it will be done through by the back door by the Chinese. What do you make of that?
Tony: That makes no sense to anyone with an IQ above fifth-grade level. Who is telling you this and what are they getting out of it. If the banks were telling us that only groups will get paid, they’d be telling us (and we’d be telling you) to get into a group. If you don’t know some stranger who is telling you to send your name, email, bank account and all your dinar, and at some point I’m going to pay you out – and you’re going to send that?! When they haven’t shown you any documentation or authorization from the banks saying how, when, where and by what process you will be paid out?! That doesn’t make any sense to me at all.
Unless I saw all that documentation and proof, unless I knew exactly when and how I’d be paid out, I would not let any currency out of my hands. In fact, I wouldn’t let it out of my hands for any reason.
Caller: They want to manage your money.
Tony: That makes even less sense to me. You don’t know these people and you’re going to let them handle your money?? I have nothing against the legitimate groups that have actual contracts and most have been paid out. None of them asked for all your information or had you send in your dinar. Now I hear there is a dong scam going around too. The legitimate groups all said what the rate would be, the conditions, and you could look up exactly who organized the group. There is a list of people who will be picked up after the RV and they will be involved in litigation for years.
770 caller: We keep getting pushed back for all these reasons… at this point, are there any more dates they’ll be pushed back to?
Tony: As I’ve said several times, everybody has signed an agreement that said it would happen by X date. If not, they will certainly do it by the end of this month. Iraq has embarrassed themselves several times by announcing the RV and then it didn’t happen. They say they have been waiting for a rate from the CBI< and the CBI says they are now ready. The live people we talk to in Iraq and in the US have told us the plan for this week. I cannot tell you the exact date, but if someone else says it, then I can talk about it… and it’s by the end of this month. We know the list has been completed two weeks ago, and then they were asked to do it between 4pm to 6am EST, and they agreed. We know everything is ready to go in Iraq and the US, we have a window, and Iraq will do it when they want without a heads up. All I can do is give you the information we have at this time. Can I guarantee it? No. We’ve got this far, and Iraq is putting it out on their television that the budget will be official on Thursday, which means that it will go in the Gazette on Wednesday.
Caller: So many people have exchanged already – how?? All the veterans who have given their time and lives cannot exchange, while all the politicians have already done so. How is that fair?
Tony: It is what it is. Life is not fair; there are no guarantees. There is an agreement in place now. There are privileged people walking the earth, for one reason or another, and that is the reality. We want everyone to have an equal change, but that is not the reality we live in, even in the US. In the system itself, people got paid out because they were testing the system, then to get the senior people through, then groups they could control. If they had just exchanged people who had fought in Iraq, that would also be unfair. I think I should be paid, and they said that I was too public, that I’m telling the truth and making sure people know what is going on. Every time they give you something, it’s because they gain something from it. “We are the people”; we are the voice of change. We (the internet group) are going in the same time as the legitimate groups. I’ve seen the schedule. They can’t get everyone in on Monday, but we know that our turn is coming – I’ve seen the documents and that reassures me that this is happening.
Caller: I was a Vietnam vet, and we had people spit on us when we came home. After 2.5 years in Vietnam, one girl threw a cup of urine at me. The same thing happened when people came back from the Middle East. Why don’t we count??
Tony: I agree with you. What options do we have? We know where this is coming from and we have an opportunity to help those veterans. That should be our goal, to pay it back to those who didn’t get treated well, and also pay it forward. We can do that a lot of ways --- we can buy military guys a first-class seat, lunch, dinner, pay their medical bills, buy or build them a new house. We have the opportunity to change how they are treated. Also, once this happens, you will have more influence in your communities and vote in people who feel the same way you do. This is a great chance to make a change.
Caller: It hurts that those who have nothing invested in this process get exchanged when we get nothing.
Tony: It’s not an action we can take now but a response we can take afterwards.
301 caller: Are there still 800 numbers?
Tony: They went back and forth between the banks that didn’t want to take the crowds but are now gearing up again. We don’t have the package yet. If they give out separate 800 numbers to four major banks and 20 tier 2 banks, then everyone on this call will call each of those banks. There will be chaos and that doesn’t make sense to me. So I hope they will go back to a central 800 number. We will tweet out whatever they give us, when the RV happens, if there is an 800 number, the rates, the banks, whatever they give us to work with. They’ll give us some kind of instructions at that time, I feel sure. There are no changes in the rates; those are pretty much set.
951 caller: You said that if this doesn’t come through this week, we’ll take some action; what action? Will other countries follow Switzerland?
Tony: WE are not taking action; they have in the agreement that if this doesn’t get done by this time, certain actions will be taken. They will do that on their own at that point. Switzerland may well take extra steps, and other countries are considering the same.
973 caller: I’ve been trying to contact Pam to get on the forum; how can I do that? Also I would like information on the ISX.
Tony: You want to talk to Pam; I could just give you Pam’s number right now. That is not going to happen; I wrote your number down and will give it to her.
601 caller: If this were football, we’d still be deflated. I had a business friend who used to say that a deal was “collapsing to a close”, that there was nothing else to do but close it.
Tony: And that is where we’re at! Everything has been done, it just needs to be put down. There are no other challenges; the list is completed and it’s a timing thing. Iraq has immense incentive to revalue their currency, and it’s in Iraq’s court. They did everything faster than anyone expected – every law, demand, all the rest was done in record time, and they are telling their people it’s coming, and now they say it’s finalized on Thursday.
713 caller: We’re on the final countdown – what would you bet? I’d bet $100 it will go this week. What do you bet?
Tony: That’s what we are hearing – this is the final week. I’m not betting against you! I don’t hear any last-minute meetings or “Hold up, we need to do this one last thing.” It’s all been “Okay, let’s get this done!” I’m going to Vegas, whether the group can go or not.
401 caller: You have said numerous times that they never meant this for us. How could they keep it from us if it’s legal tender and we’re buying from licensed currency dealers?
Tony: What state do you live in? You live in the US, right? You’ve been around for the last 20-30 years? How come you didn’t exchange Kuwaiti dinar? That answers your question – you weren’t supposed to know about this either. This was supposed to be a three-year plan, and the military people over there and government folks were the only people who were supposed to know. They never expected five million would have it. This was not planned for you to have it. But we do have it and know about it, and they cannot cut everyone out. If they really wanted everyone to have this around the country, you wouldn’t be clicking on Google and hearing scam, scam, scam. If the government and the banks wanted this to happen, they wouldn’t be sending out emails and memos saying, “this will never happen”, because they would lose all their employees. There are lots of reasons why they DON’T want this to happen. They don’t really care about the internet, because they can control that, with articles and such. When there are calls like this, though, talking to people, getting information about exchanges and procedures, and then our telling them about the laws that are changing and such, they didn’t plan on that. They didn’t expect that much information would get out prior to this happening. They still hoped to ignore us, but they didn’t plan on our Twitter actions AND all the good people in the banks and government and intelligence who stood with us. We are 5-6 million strong now. The average person only has 100K dinar, but there will be so many new billion or millionaires created the day this happens that it will change whole industries, situations and governments. That is why they have set limits and created NDAs to deal with it.
Caller: “A happy wife is a happy life.” I locked my bedroom door when my husband started smoking cigars. So I hope you have Listerine…
Tony: My wife also smokes cigars. Lots of women do and have their own clubs and even flavored cigars. But yes, I have Listerine and CloseUp. We’re going to smoke some cigars in Vegas, because that’s what we do.
754 caller: If this doesn’t happen by the end of the month, what do you suggest we do?
Tony: If it doesn’t go, I will hold on to the dinar I have and buy some more! They have to have the value back based on their gold and oil; their currency has to be worth something at some point. It’s not about us; we are back in the process with a plan to exchange. We took action when they tried to take us out of the process. If the rest of the world got paid and we didn’t, then we would have something to fight about. If there is something going on that is NOT us, that is bigger, that is about the US economy or the global situation, then we cannot complain. You already spent the money to buy the dinar; put it away, hold onto it, and even if it happens in five years, there is your future. Don’t sell it back for 80% of what you paid for, while if you continue to hold it, sooner or later that country and currency will be worth a lot of money.
Caller: Is there any way to get the contact information for OpenMike?
Tony: Ray is very picky about what he eats, what he wears and who he associates with. You have to be invited onto OpenMike, so you have to wait until you are invited. He is even picky about who comes to his classes! All I can do is write down your number and give it to him, and he can call you, or you can ask an existing member to sponsor you. Whenever I have to go on OpenMike, Ray sends me the access information.
405 caller: Regarding the zim, have you heard if there are limits on what you can exchange? How much? Would that be a daily limit or an overall limit?
Tony: I heard they were not going to limit that but as people continue to talk about it and buy more, there may a limit. They don’t want a lot of people to be richer than Bill Gates or to be able to buy a country when this happens. The majority don’t have to worry about that. They know who has a lot and they will try to control that. There are limits to everything and it won’t affect most people, but there are definitely limits.
954 caller: Do you think it’s looking good this month?
Tony: I think so – that’s what everyone is pushing for. I don’t know any justification for February, March, April or 2016. What I hear is that they’re gearing up for getting this done before the end of this month.
Pam: I am here; we are always with you, Tony. We never leave you.
Ray: What can I say after being labeled as picky, picky, picky? My father is here in the room with me, but he’s just leaving.
Tony: Ray’s followers were texting me, saying “don’t give out that OM information!” I can’t, because I don’t have it myself!
615 caller: [can’t hear the caller] Can I gift currency to myself? If it was given to me first, can I put it in an LLC or corporation…?
Tony: So long as you have it documented so that they see where it came from, I think you would be okay. Ask a financial advisor before doing that. You don’t have to wait until afterwards – call a financial adviser, say that you have money coming in, and you want to know the best way to do whatever you want to do. Most will give you a free consultation at least, especially if you say you are interviewing future advisers.
718 caller: I was in the forum when it first started, and I can’t get back on. I can get on through my niece’s name, but I was hoping Pam would call me back.
Tony: Pam has a whole list of people to call today!
301 caller: What caused the dong to go from $1.02 and $4 to 47 cents and $1.02. Also, if I bought some silver and gold coins, I could buy groceries with them, but not dinar.
Tony: Four years ago, the dong was supposed to revalue at five cents, and we were ecstatic at that rate. One person said that if it went that high, the whole world would collapse – it would never happen. Then it went up to 40-50 cents. Then it went to a dollar with a contract rate of two dollars. That the highest rate I know of for the public – the contract rate was $2.11. So we say 47 cents because we are sure of that, although it could come out as high as $1.05 as the international rate, with $2 as the contract rate.
Caller: So we don’t really know with the dong…?
Tony: I think it will be a bit over a dollar, but we don’t know for sure yet. Now, I don’t invest in silver and gold. (Ray does he discusses this on OpenMike, and he can tell you all the details.) Unless our economy totally collapse, we are not concerned with buying groceries with silver or gold coins. Several states are trying to go back to silver/gold currency because they are concerned the economy will collapse and the dollar won’t be good any more. You can Google that. I don’t know how to get on OpenMike; it’s by invitation only, so if you know someone who is there, ask them to invite you in, as they do not want all the nutcases on the call. They are protecting the integrity of the call. Ray says for you to send him a personal message with your request.
It’s time to go. Pam?
Pam: I don’t know east to west, but I know you guys are ready. You know more than you think you know. Just be flexible, take your time and think it out.
Ray: Continue to enjoy this Mo-Money, Mucho-Money Monday!
Tony: Everything is positive, we are still within the window, and it looks like everyone is on target to get this done by the end of this month. I think everything has been done in detail. Iraq and CBI have both announced they are ready and that economic reforms have been completed. They say the budget is approved from Thursday, including the rate. It will not be released during the day – some time between 4pm and 5am EST, when the main markets are closed. Hopefully it’s here tonight or tomorrow; otherwise we’ll be talking to you on Wednesday. Have your plan in place, your documents ready and your mind prepared. I will tweet out any significant information. Enjoy your day! Comment
1-26-15 Chattels: "Speaker: Parliament to vote on 2015 budget law draft on Thursday session Monday, 26 January 2015 15:52" "Baghdad (AIN) –The Speaker of the Iraqi Parliament Salim al-Jubouri assured on Monday that next Thursday session will witness voting on 2015 federal budget law draft." Now the foregoing sounds "official" and it is to be on the agenda! Comment
1-26-15 wilbur grodan: This should be THE WEEK. MARKETS are dialed in for an EPIC SHIFT. Comment
1-26-15 sczin11: THE CBI MET TODAY [SUNDAY], AND ANNOUNCED TO THE WORLD THEY ARE READY TO SUPPORT THE DINAR AND ARE COMPLYING WITH INTL REQUIREMENTS, AKA CLEANING UP THEIR CORRUPTION, WILL BE A WATCHDOG, AND ALL MONIES ARE SAFE WITH US.
LOOKING AT WHAT HAS TRANSPIRED OVER THE LAST WEEK PLUS, ESPECIALLY A FEW DAYS AGO WITH MINISTERS OF FINANCE, OIL, PLANNING, PRIME MINISTER AND CBI IN SAME ROOM...WHEN THAT HAS HAPPENED IN THE PAST.
ABADI SPEAKING IN DAVOS, MONEY TRANSFER COMPANIES BEGINNING TO TRADE ON ISX, BTW, 3 ARE SCHEDULED 1ST WEEK IN FEB...AND NOW THIS TODAY. Comment
1-26-15 Jester: THEY ARE TRYING TO MAKE THE OIL CREDITS WORTH LESS TO DELAY THINGS... MY OPINION...THEY ARE WORTH WHAT THEY ARE WORTH... ABOUT $30-32 PER BARREL... NOW AND FOREVER.
[Does it really matter what the price of oil is in the long run. It's been overinflated for years.] WELL EVERYTHING DEPENDS ON WHAT SOMETHING IS WORTH... YOU BETTER HOPE IT DOES... BECAUSE THEY WILL NOT LIKE TO HAVE YOUR DINAR IF THE OIL CREDITS ARE WORTHLESS.
I HOPE THAT IS CLEAR ENOUGH... THEY DO NOT HAVE ENOUGH MONEY TO CASH OUT EVERYONE WITH DINAR WITH THE MONEY THEY HAVE...ISN'T POSSIBLE... SO UNLESS THE OIL CREDITS ARE UTILIZED FOR FUTURE WORTH THEN THIS SCENARIO IS OVER AND WE SHOULD ALL JUST GO HOME...IF THE OIL CREDIT SCENARIO GOES FUBAR WE ARE SCREWED. Comment
1-26-15 TNT DINAR CC: Good morning. Today’s call is at 10pst/1est. New callers only please. – TNT TONY #wearethepeople
1 pm EST / 12 pm CST / 11 am MST / 10 am PST / 9 am AKST / 7 am HAST
Q & A: 425.440.5100 FREE ~ 206.402.0100 FREE ~ 503.205.8988, PIN CODE 634293#
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Replay 805.399.1500, PIN CODE 409029#
1-26-15 BGG: Dinar Morning Drive Call
News w/ BGG – Mon. Jan 26th (10:00 am)
1-26-15 Aggiedad77: Looks like the start of a bright week ahead for a number of issues...maybe the primary focus this week will be the 2015 budget...it appears poised to tee up for a vote on Thursday.....Maliki's name is back in the news again...and along with his name comes the words corruption and deceit. Comment
1-26-15 Stryker: Good Morning Folks. Please go to this LINK for TODAY'S Update that has a big Budget surprise in it, a very important event took place in today's parliament session that everyone except RSS and I have overlooked. It was something that wasn't on today's parliament agenda.
Also, something to put a smile on your face awaits you by going to this LINK thread.
Thing's in Iraq are starting to line up nicely my Stryker Family and I'll share more on my Webcast tomorrow. Here is the information on tomorrow's Stryker WebTV and Blog Talk Radio program.
Reform in Stages? Rate within Budget?
Join me tomorrow as I explain what I have been told on both these subjects, backed up by facts as well.
A Special LIVE Webcast AT 10:00 AM CST TOMORROW MORNING
WATCH LIVE - LINK
WATCH ON DEMAND PLAYBACK - LINK
Stryker Blog – Comment
1-26-15 tman23: What I have been seeing is 50% cuts...one Ministry went from 450 billion to 1.350...so we have seen as much on an average of 3.2 in cuts...The estimates are 58 billion in oil revenue for 2015 at 4 million barrels per day...They have been playing with the numbers but past numbers figured out to balance the budget would require around 3.40 rate... REMEMBER...they get paid in petro dollars so the deficit can be multiplied by the rate for purchasing power. Comment
1-26-15 Chattels: The budget is day by day so there is really no delay, it just has not gotten done yet. [I saw in the Forum News that it is Thursday...] There is “talk" of Thursday, but my sense is that it really is “ASAP". Comment
1-26-15 tlm724: Article quote: "Mr. Minister of Planning Dr Salman Jumaili ministry announced the completion of an economic plan for the years 2015-2018 in light of the government program" tells us:
1. they know what they have to do
2. they know how to do it and
3. they know what funds they have to implement it
4. this is the shift to the free market economy
5. this is why there are changes going on at the CBI also.
Abadi developed the plan the MOP followed up and got it done! Amazing progress, I am very excited! [Finally the timing is looking good for all of us.] I concur. Comment
1-26-15 sczin11: THE CBI MET TODAY [SUNDAY], AND ANNOUNCED TO THE WORLD THEY ARE READY TO SUPPORT THE DINAR AND ARE COMPLYING WITH INTL REQUIREMENTS, AKA CLEANING UP THEIR CORRUPTION, WILL BE A WATCHDOG, AND ALL MONIES ARE SAFE WITH US... LOOKING AT WHAT HAS TRANSPIRED OVER THE LAST WEEK PLUS, ESPECIALLY A FEW DAYS AGO WITH MINISTERS OF FINANCE, OIL , PLANNING, PRIME MINISTER AND CBI IN SAME ROOM...WHEN HAS THAT HAPPENED IN THE PAST...ABADI SPEAKING IN DAVOS, MONEY TRANSFER COMPANIES BEGINNING TO TRADE ON ISX, BTW, 3 ARE SCHEDULED 1ST WEEK IN FEB...AND NOW THIS TODAY. Comment
1-26-15 BGG: Follow DU for Dinar News Updates all day!!
Dinar Morning Drive Call!!
w/ BGG – Monday 1/26 @ 10:00am CST
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1-25-15 sczin11: *** BREAKING NEWS *** "Member of the Finance Committee: 2015 budget will be approved next Thursday." Comment
1-25-15 Mnt Goat: Hi Everyone. I know that my last couple news letters have not sounded very optimistic, but I always concluded them with the fact that there was still hope on the horizon. Today I want to come and give you just a very short update on what I am now hearing. It is all very good and hopeful.
First let me say that the USA has very big plans for this region of the world since, as I have said before, if you control these vast reserves of rich, high quality crude oil you control great wealth. Great wealth and riches always means power. Thus you can control (to some extent) the economies of those countries needing and relying on these resources. We still live in an oil-based energy society.
They also need a stable Iraq as a spring board to move on to handle the Assad situation in Syria. They are now setting up four large army training camps (like boot camps) inside Iraq. Many of the Iraqi soldiers will end up in Syria once ISIS is cleared first from Iraq. These are deals made between USA and Iraq. This will limit the amount of ground forces necessary from the USA. Iraq has already joined the coalition to fight ISIS and they will contribute. I have to say either your president Obama is a genius or someone very smart is coaching him.
I hope everyone also read my last news letters dated 01/20 (LINK) since this is a continuation of this ongoing saga.
Today is Sunday Jan 25th already and still no RV!
As many have openly criticized me on my “less than optimistic” news on the last couple weeks, all I have to say is this to them – Where is the RV then if you are so smart? You then tell me!
So last week we heard that a final vote was to be taken on the 2015 budget on Saturday 1/24. Did it happen?
Why did I tell you not to expect any RV last weekend? BECAUSE I KNOW INFORMATION THAT YOU DON’T KNOW!
Okay I may sound a bit over the cuff today but it is because of the numerous emails I have recently received criticizing my last couple news letters. They are the same folks that only talk about others intel but can’t walk their own talk…lol…They never do any research or pound the sand.
Some are now saying the RV is imminent. Is this not what I have been saying now for over a month? I still believe it is imminent and we can expect it very soon. Imminent does not mean immediate. Two totally different words in the English language.
IMMENENT– ready to take place, hanging over one’s head, likely to happen very soon.
IMMEDIATE – no space intervening, happening or done without delay, something that is occurring right now.
But when I hear news contrary to any RV happening and it is less than immediate I want to pass it on to you. I do this to eliminate all the hype and stress from some of these forums. Remember no one will really know the immediate time or date. But with the information we receive we can take a really good stab at the immanency of the event.
So today I am bringing you very good news and very optimistic news because this is what I am now hearing from all channels of my sources from the CBI, IMF and from my contacts in the USA.
They tell me now the RV is strictly in the hands of the Iraq government and the CBI is simply waiting for the final go–ahead from them. All agreements have been signed and Iraq has stated that they want to RV to happen on their time schedule and not be forced into a date. The agreement contains a window from yesterday to Jan 31st. There is also a debate about the rate but I am hearing they have settled this now too.
Iraq announced on Saturday they would have the final budget, with any corrections, to the council of representatives (parliament) by Tuesday 1/27 and that parliament is expected to hold the final vote on Wednesday 1/28. At least this is where it now stands. Can it change? Has it changed? What is the probability that it will? Let me explain to you why I think this may be the final postponement.
I have always said to “follow the bouncing ball” . . . . lol . . . .meaning to follow the 2015 budget final voting session. From this you will know how close we are to the RV. Does Iraq technically need the RV to open their budget and spend it? As I stated many times - NO! However they would like to align the budget with many of their new laws that mandate and legalize the spending of the budget money.
They want to start the New Year off right and begin fresh. Thus a new government, a new budget and a new set of ethics and non-sectarianism.
This is why I am now hearing too that there is a very high probability that Feb 1st will not come and go without an RV.
Did you happen to read the speech Al-Abadi made at the summit last week? If you did you can understand that Iraq now fully intends to complete the economic reforms in the coming days. These are part of the reforms his party promised the Iraq people (mostly the Sunnis) to take the responsibility of forming the new government.
The citizens are now getting agitated once again. There are rumors around Baghdad that nothing has changed in this new government and it’s Maliki all over again. This is of course totally ridiculous since we can all see the progress he has made in the last 4 months. He has accomplished more in 4 months than Maliki could do in 8 years. So I believe this nonsense is nothing more than the Maliki goons spreading discontent once again and attempting to get a coalition together to oust Al- Abadi. This too is ridiculous and will never happen. The reforms will be announced along with the RV before this ever happens.
But the important part is that the people are getting agitated once again and are asking the government to make good on their promises. It is all very good for us. It is pressure. It is all a matter of trust and finding the breaking point where they finally say enough is enough and we need change. You and I know that a change back to the Maliki days will never happen. Instead Al-Abadi will complete the changes he promised and do it very soon.
So there is enormous pressure from all sides now to complete the reforms.
Why do I now say that Iraq or the USA have reached the end of their ability to be indecisive with the RV?
#1 The USA now wants the RV and is at last saying “Do it now”.
#2 The citizens of Iraq are asking where are the reforms promised?
#3 Previous timelines were established as part of the compromises and negotiations made when Abadi too office and the Sunnis decided to cooperate. The longest timeline for any of these reforms was 120 days or 4 months. We have now reached this deadline.
#4 The rest of the global financial community is asking - When will Iraq come and join them for international trade? This last summit held just last week is a case in point.
#5 Parliament is asking the council of ministers - Where is all the tariff revenues you promised in January 2015 and why have the tariff laws not yet been fully implemented?
#6 International Corporations and Businesses are asking - When can they come into Iraq to do business?
#7 The deficits in the Iraqi 2015 budget can in fact all be met with an increase in the value of their currency. They know that too and the real holdup has been told to make cuts in the budget but the real reason is to delay and stall until the other laws as needed to spend the budget catch up and are in sync with the timing of the final vote. Also they needed the joint approval of the USA and the IMF.
#8- #1000 can you think of any others? It overwhelms me when I think about it.
So you see Al-Abadi has to make a decision soon on when to RV his currency. I believe this decision has already been made and we are now in the final countdown window.
Peace and Luv To Ya All. Comment
1-25-15 backdoc: IMO, "EIGHT DAYS A WEEK"
FIRST OFF, THANKS TO THE MANY WHO HAVE, AND ARE, SENDING UP PRAYERS FOR MY MOTHER. SHE MAY POSSIBLY NEED SURGERY TO SOLVE A BLEEDING INTESTINAL PROBLEM. THANKS FOR THE SUPPORT!
THE PAST FEW DAYS I HAVE BEEN THINKING ON A FEW THINGS. I RECALL A FEW DAYS AGO, GOLDMAN SACHS STATED THEY EXPECT A SELL OFF OF EQUITIES (STOCKS), WITHIN 6 WEEKS. MMMM NO SURPRISE TO ME OF COURSE AS YOU ALL KNOW.
THEN ON FRIDAY I HEARD BILLIONAIRE BOON PICKENS STATE WE SHOULD SEE OIL REACH A BOTTOM WITHIN 6 WEEKS! MMMM
AS WE HAVE BEEN WATCHING THERE IS A GROWING CONCERN THAT DEMAND IS DROPPING WHILE SUPPLY IS STILL NOT FALLING YET! MMMM
SO WHY HAS IT NOT STARTED DROPPING YET?
GLAD YOU ASKED. AS THE FRACKERS, OIL DRILLERS, AND OTHER COUNTRIES THAT PRODUCE OIL REDUCE OUTPUT AND BEGIN LAY OFFS IRAQ IS RAMPING UP TO TAKE THEIR PLACE!! MMMM
WHAT WE ARE SEEING IS A CRISIS IN THE MAKING.
I DOUBT WE WILL SEE RESOLUTION TO THIS NEW LANDSCAPE AT OIL PRICES NEAR OUR CURRENT LEVELS BASED ON THE SUPPLY AND DEMAND PRESENTLY.
IT APPEARS OIL CONTINUES ON ITS’ PATH FROM THE UPPER LEFT TO THE LOWER RIGHT ON THE CHARTS!!
WITH OIL STILL IN A CONTANGO, IT APPEARS LOWER IS WHERE A BID WILL BE FOUND!
REMEMBER, IRAQI BLACK GOLD WILL CONTINUE TO DRIVE THE DOLLAR MUCH HIGHER INTO THE NOSEBLEED SECTION OF THE INTERNATIONAL STADIUM! LOL
NOW IN REVIEW, WE ARE WATCHING MY THEORY ON THE PARITY ISSUE WITH THE EURO AS WELL AS THE POSSIBILITY OF THE POUND GOING TO PARITY!
WITH THE ECB LAUNCHING 60 BILLION/MONTH QE NOW, WE CAN JUST SIT BACK AND WATCH TWO POWERFUL TRAINS CHUG ALONG!!
AS OIL PRICES DO THE MOONWALK ON THE INTERNATIONAL STAGE, WE CONTINUE TO WATCH THE IRAQI BLACK GOLD CONTINUE ON ITS’ PATH FROM THE UPPER LEFT ON THE CHART TO THE LOWER RIGHT! THE LOWER PRICES GO THE STRONGER THE STRANGLEHOLD IRAQI BLACK GOLD WILL HAVE UNTIL THEY ARE THE LONELIEST PRODUCER (#1).
THIS MAY TAKE A LITTLE LONGER BUT THEY ARE NOW CLEARLY ON THEIR WAY!
SEEMS TO ME THE CONCEPT OF VALUE AND THE IRAQI DINAR WILL BE REWRITTEN!
SEEMS LOGICAL TO ME THE LARGEST AND MOST PRODUCTIVE BLACK GOLD PRODUCER IN THE WORLD SHOULD ALSO HAVE THE LONELIEST CURRENCY IN THE WORLD!
JUST WAIT TILL THEY START TO DIVERSIFY! WOW!
COULD THIS BE WHY BOONE SAYS, SIX WEEKS; AND COULD IT BE FOR THE SAME REASON OR DIFFERENT REASONS THAT GOLDMAN SACHS SAYS SIX WEEKS FOR A SELL OFF? MMMM
AS I MENTIONED IN "LONG TRAIN RUNNING”, WE HAVE TWO DIFFERENT TRAINS OF MONETARY POLICY AT PLAY ON TWO SIDES OF THE POND, AND THERE WILL BE A COLLISION SOON! THERE IS NOT ROOM ON THE SAME TRACK FOR BOTH TRAINS.
WHO WILL DETERMINE THE WINNER?
IMO, IRAQI BLACK GOLD AS WE NOW KNOW! WATCH IN THE COMING DAYS FOR BOND YIELDS TO SHRINK FURTHER AND WILD TRIPLE DIGIT SWINGS IN THE MARKET UNTIL ENOUGH FINALLY FIGURE IT OUT WHERE THIS IS REALLY HEADED!
WHILE THESE TWO MONETARY TRAINS CHUG ALONG IT WILL BEGIN TO GRIND DEMAND TO A HALT!
THINGS BECOME VERY EXPENSIVE. I READ TODAY THAT A HOT DOG IN DAVOS WAS $43.00, AND A SALAD WAS $55.00! HOLY JUNKFOOD BACKMAN! ASK BACKGIRL WHAT THE PRICE OF A STEAK IS, I DON’T WANT TO KNOW! LOL
NOW LET’S PUT OUR THINKING CAPS ON FOR SECOND JUST FOR FUN. TRY TO PUT YOURSELF IN A MINDSET WHERE YOU ARE THE EMPIRE AND YOU CONTROL KING DOLLAR!
OK, IF YOU WANTED TO LAUNCH A DONOR CURRENCY THAT SUPPORTS THE VALUE OF KING DOLLAR “YOU”, WHEN WOULD THE FINANCIAL OPTIMAL TIME BE? RIGHT! WHEN THE DOLLAR IS STRONGEST TO EVERY CURRENCY IN THE WORLD UNTIL THE DONOR CURRENCY IS RELEASED!
WHY? BECAUSE IT MAKES EVERY COUNTRY IN THE WORLD WANT THE DOLLAR! HENCE, BACK IN CONTROL OF THE WORLDS RESERVE CURRENCY!
WHY? THE ANSWER MAY BE IN THE BOND MARKET!
THE DOLLAR BY FAR HAS THE LARGEST BOND MARKET IN THE WORLD!
LIKE I’VE SAID THE U.S. HAS THE CLEANEST DIRTY SHIRT IN THE LAUNDRY! AS THE TWO TRAINS COLLIDE THERE WILL BE GREATER DEMAND FOR U.S. BONDS UNTIL THE CRISIS GETS REALLY BAD!
WHEN THE PROBLEM REACHES ITS PEAK SOMETHING WILL HAVE TO OCCUR TO STABILIZE MARKETS AROUND THE WORLD!
WILL THAT BE DONOR TIME?
ONCE THE DONOR CURRENCY IS LAUNCHED, INVESTMENTS WITH A REAL INTERNATIONAL VALUE CAN START UP AGAIN!
ALL THE COUNTRIES AROUND THE WORLD WILL BENEFIT ESPECIALLY THOSE WAITING TO BE FINANCIALLY BAILED OUT OF THIS TRAIN WRECK SINCE THEY WILL BE HOLDING CURRENCY SWAPS THAT JUST TOOK ON AN INTERNATIONAL VALUE TO BAIL OUT A DEFLATED CURRENCY COMPARED TO KING DOLLAR!
DATES AND RATES WILL ALWAYS BE CONSIDERED AND DEBATED OF COURSE, BUT I SUBMIT TO YOU WE ARE ALREADY SEEING THE PROCESS UNDERWAY THAT WE HAVE BEEN WAITING FOR! IT JUST STARTED DIFFERENTLY THAN FOLKS THOUGHT!
BLACK GOLD CONTINUES TO DRIVE THE NEW LANDSCAPE ONE TIC AT A TIME AS CURRENCIES ADJUST WITH JAW DROPPING SPEED!
FOR A TRADER LIKE ME I CAN’T HELP BUT BEGIN TO FEEL THE LOVE! LOL
TOUGH TIMES AHEAD FOR SURE, BUT I LIKE THE WINDOW GOLDMAN SACHS MENTIONED A WEEK AGO AS WELL AS OIL MOGUL, BOONE PICKENS!
WHEN THINGS ARE THE WORST, THEY ARE THE BEST", FOR KING DOLLAR!
OH YA THAT’S US! LOL
SINCE THE EMPIRE ALREADY HAS A BRAIN ,AND HAS SHOWN INCREDIBLE COURAGE DISPLAYED BY OUR MILITARY, ALL WE WILL NEED TO DO IS "OIL UP" A FEW STIFF JOINTS AND HAVE THE HEART TO INVEST INTO THE FASTEST GROWING MARKET ECONOMY IN THE WORLD SOON!
THE EMPIRE KNOWS ITS "ALL FOR ONE AND ONE FOR ALL" AS WE SAW BRENT PRICES GET DROPPED TO THE E.U. WHILE THEY WERE RAISED TO ASIA!
THERE WILL DIVERSIFY INTO AGRICULTURE, INDUSTRY SUCH AS MINING, FINANCIAL SERVICES, TOURISM, WATER PROJECTS, ETC.. PLENTY OF POSSIBILITIES FOR INVESTMENTS TO GROW ONCE A DONOR CURRENCY TAKES ITS RIGHTFUL PLACE BACK IN THE INTERNATIONAL ROOM!
WHAT WE WILL SEE VERY QUICKLY NOW IS, A BUMPING OF SHOULDERS IN A CROWDED ROOM WITH IRAQ SAYING MOVE OVER I’M IN THE ROOM NOW!
WHAT BETTER TIME TO LAUNCH THE DINAR WHEN IRAQI BLACK GOLD HAS CORNERED THE MARKET AND THE DEBASING OF CURRENCY TRAIN IS HEADED FOR RUIN!
AS THIS TRAIN ROLLS, IT WILL HAVE TO EVENTUALLY GIVE UP GOLD CAUSING IT TO FIND ITS RIGHTFUL PLACE AT THE FEET OF KING DOLLAR AS WILL THE STOCK MARKET BASED ON MUCH SMARTER FOLKS THAN ME!
THE NEXT FEW WEEKS COULD BECOME A LONELY TIME FOR KING DOLLAR WHILE IT WAITS FOR A DONOR! COME ON, WHERE’S THE HEART?
FOR THE NEXT 6 WEEKS I WILL WATCH 8 DAYS A WEEK!
AN IR CAN HAPPEN AT ANY TIME THINGS WHEN CONDITIONS ARE THE WORST! LOL
I FEEL THE LOVE, JUST LIKE THE BEATLES SONG!
THE HOPE THAT 8@8 GAVE WE WILL BE READY! DOC
P.S. THOSE OF YOU WHO DON’T UNDERSTAND MARKETS AND HAVE BEEN DISCOURAGED AFTER THE MALIKI ERA HAVE A NEGATIVE PREJUDICE THAT WANTS TO ENTER YOUR MIND.
YOU HAVE A CHOICE TO LOOK AT THE FACTS THAT WS JJ F26 SKULL CRUSHERS, ETC. AND MAYBE A LITTLE OF ME!
FOLLOW THEM AND SOON ENOUGH YOU WILL BE ONE OF THOSE THAT NEED THE HEART TO INVEST WHERE EVER YOU GO! GET READY TO SEE LONELY! IMO Comment
1-25-15 OilRat: The following three reasons is how I know we are as close as we have ever been:
1. There truly is no more real Intel (I haven't got any new Intel in a couple weeks, nor have I seen any new Intel provided by others).
2. Iraq is done, done, done!!!! (US has simply ran out of excuses against Iraq).
3. We have truly hit the bottom of the conspiracy barrel. (The last few day’s theories are getting ridiculously funny).
There you have it folks.....any day now!!!!! JMO. Comment
1-25-15 Iko Ward: ISX opens at 10AM Iraq time which is 2AM EST. That's why I'm always monitor Monday mornings. Not decisive, but would mean we're off and running. Comment
1-25-15 R.V. / GCR: MoneyCometh: This is an eff why eye.
When exchanging any currencies do not act like you know what you're doing… just put the money on the counter and ask them if you can exchange.
If you're smart and I know you are, you will let them tell you ….oh this is as DWDD or …no that's zwn and that's when you say “can I see the back screen” and when they show you $0.11 ask him how much is the ZWD and that's when you find out its $0.13 …..there's your negotiation
UC banks are ready and prepared for your tricks and traps meaning that if you're so smart to ask for ZWD they have the agility to say I'm sorry we're not serving ZWD….that's when they say no this is a ZWN…or I'm sorry we're not taking that …probably because you came in with a pair of blue jeans and they decided not serve you…. you can be surprised so be it.
That's the way the real banking industry works …ask me I'm not a banker….. so when going to the bank set your money on the counter and don't say nothing other than “I would like to exchange” if not be prepared to play tricks and traps …just saying…. happy timber days. Comment
1-25-15 Sambo: Please agree in prayer for OKIE! The Shingles has finally subsided to where he can get some decent rest. Then his oldest friend (since they were 6 years old) went to be with the Lord. Now he is having flu symptoms, which is extremely dangerous with the COPD as it normally turns into a lung infection. Please stand in agreement for his complete healing. Comment
1-25-15 Stryker: Hello Folks. I thought a Sunday evening update was inline and here's why. There is sure a lot of signs tell a story about Iraq launching (all) reform measures with the approval and launch of this year’s fiscal budget.
Let me just recap a few (of the many) quotes from experts, economist and members of the new GOI for a solid look at the FACTS that tell me this:
Title/Link: Central Bank decides to take the necessary measures to boost liquidity in the banking system and simplify the selling currency measures
QUOTE: "The House of the Iraqi Central Bank management discussed, decided to take the necessary measures to boost liquidity in the banking system to allow it to perform its functions normal, and at the same time, the acquisition of government debt instruments so as to enhance sustainable development and job creation and prosperity."
QUOTE: “while decided to facilitate the procedures for the sale of foreign currency "to sustain the exchange rate,"
Now where these above quotes show that the CBI is ready to act on these measures, this next one tell us that they have the reserves to make it happen, and why it's time to act on their options, which is to better Iraq.
QUOTE: The Central Bank of Iraq, had announced (18/01/2015), that the financial reserves of Iraq and a half times the equivalent of twice the money supply, they returned it was "best rates" in the countries of the world, as he emphasized that Iraqi financial institutions are "unable" to cover the deficit financial, stressed the need to re-examine the structure of the budget and the tunnels and diversify sources of income and achieve investment more broadly to address the decline in oil prices.
OK, here is an article that RSS posted at around 3:00 AM this morning and his wise words that followed:
Title/Link: Planning: announces economic plan depends shift to the private sector and the restructuring of state industries put
QUOTE: reconsider the financial, fiscal and monetary policies
RSS: (Increasing the value of the dinar would work)
QUOTE: develop foreign economic relations with the countries of the world
RSS ( Would an internationally tradable currency do that)? Yes it would
QUOTE: to link the Iraqi economy, the global economic system-as well as the organization of trade and economic relations with these countries
RSS: (How can you link the Iraqi economy with the global economic system, and trade with them without an internationally accepted currency)? IMO, 1166 won't do it.
I (Stryker) agree with all his points by the way and make sure you click the title link above where these quotes came from to see other articles and quotes on this same subject.
Now this next title and title link speaks for itself but here's a few quotes from it anyway:
Title/Link: Opportunity to raise the value of the dinar
QUOTE: The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar.
QUOTE: Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power.
Here is my comments on this article and these quotes I liked a lot:
QUOTE: ensure a major boost for the dinar
(Stryker) Look how much oil exports have grown over the last 11 + plus years but how little the value of the dinar has changed in comparison.
And this one isn't bad either, QUOTE: there are several factors confirms the possibility of the high value of the dinar against the dollar
Now click that title link above to read them all, if you haven't read it already.
I know what you are thinking. So when is the reforms going to get launched? When will the budget get approved so we can see it take place?
Well, this one should help answer those two questions:
Title/Link: The announcement of the 2015 budget to include on the agenda of the House of Representatives Thursday to schedule a vote
QUOTE: next Thursday will see the general budget for 2015 included on the agenda of the House of Representatives for a vote.
QUOTE: it will approve the budget for fiscal year 2015 on Thursday
OK, that's it, but let me add, if you are not excited about where we are in this dinar investment then you aren't paying much attention.
IMO, it will be approved this week and reform will be launched but the real questions remains. Will they implement the reforms in stages or all at once? Well the rate be in this budget when launched? I will have a web show on Tuesday that will spell the stages out as I have been told and my opinion on if that rate will be included in this years budget when launched. Watch your email inbox tomorrow for the Webcast Information for Tuesday.
Good night and God Bless you all.
Stryker Blog – Comment
1-25-15 Millionday: THERE WAS A HUGE ECONOMIC FORUM IN IRAQ TODAY [SATURDAY] THAT WAS TO ACTIVATE THE PRIVATE SECTOR AND THE LAWS PERTAINING ... APPLICATION OF ALL OF THESE LAWS INCLUDING THE HCL ... ALL AT THE SAME TIME. THEY NEED TO MOVE FUNDS IN AND OUT OF IRAQ FOR THIS TO ALL WORK SO THEY ARE FACILITATING THAT. IN ORDER TO MOVE FUNDS IN SIDE AND OUT AND FACILITATE THAT -- IT HAS TO BE INTERNATIONALLY RECOGNIZED. Comment
1-25-15 MyLadies: I THINK WHEN YOU TAKE THE GLOBAL CORRECTIONS THAT ARE TAKING PLACE, THE STRIFE IRAQ IS FACING WITH OUT A CURRENCY, THE MESSAGE ABADI SEEMS TO BE SENDING TO DUKE AND DUKE AND THE REASONING FOR THE JOB BEHIND THE DINAR I HAVE TO CONTINUE TO SAY WE ARE SO VERY CLOSE...STAY ALERT FOR THE SIGNALS....VERY VERY VERY SOON I THINK WE WILL BE OFF THIS RIDE AND ON TO BIGGER BETTER THINGS. Comment
1-25-15 Aggiedad77: Abadi came back happy I think.....perhaps a game plan in hand...with backers ready and willing. I do sense the CBI readying to speak, they have lain quiet now for a while....let it be their turn. Meanwhile we wait....knowing the time is yet to come....but it will...patience will soon seek the finish line. Aloha Randy Comment
1-25-15 tlm724: Iraq has control of their destiny now, no more restrictions or sanctions, they have a mostly unified GOI and strong leaders blazing the trail. They are applying the monetary reform and have a new CBI Law and the Banking law plus the Investment Law amendments ready for parliament. There are several factors confirms the possibility of the high value of the dinar against the dollar...the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar.
I am sure there are way more entities buying dinar than just us lil investors...countries buying it for the foreign reserves, large investors etc. the fact that there is a "great desire" is very encouraging because remember supply and demand helps raise the value as well...in addition to having an excellent cash reserve, which covers the local currency...plenty of money to cover all the dinar out by 150 % ...there is no reason why the CBI should not let the dinar loose, get it off the programmed rate. Comment
1-25-15 Aggiedad77: Article: "Decision: Parliament will not shut down this week, but after the adoption of the budget" ...encouraging news it is...they will not take weekend breaks until the budget has been voted on...well get 'er done then...maybe Wednesday or sooner. Comment
1-25-15 Frank26: Please join me on the 3rd (Feb) on Your Monday CC. KTFA is about to enter PHASE II .......... We changed our format almost Three Months ago. It is about to change again.
Family ......... We are about to enter ....... The World. In approximately Three to four weeks. You will be VERY PROUD to be part of our KTFA Family !!! WS ........ The economist report from yesterday You put out ........ Maybe part two in a day or so. It was Superior!!! Last thing Family .......... Yemen does not affect us. Saudi King death no worries. Watch CBI Report coming out. Abadi did Great in Davos. Maybe S goes next.
Finally ....... o campaigned promising NEVER to raise our taxes. Then he took us in the last six year on a Capital Gaines robbery from 18% up to 23.8% and now he wants to increase it to 28%. Investors ........ Without getting political ask Yourself why? Aloha. Comment
1-25-15 AIN: Karbouli calls tribes of western Iraq to revolute against ISIL. The head of al-Hal Parliamentary bloc called the tribes of western Iraq to unite their stances to face the ISIL. He added in a press statement received by AIN "We hope the tribesmen of the western provinces of Iraq to unite their stances and liberate their cities." Article Link – Comment
1-25-15 tman23: AT SOME POINT IRAQ WILL HAVE TO MAKE THE DECISION ON THEIR CURRENCY, I AM OF THE OPINION THE DECISION HAS BEEN MADE AND NEXT WEEK WILL BE MOST REVEALING... The Budget will be voted this coming week and expect to see the real fireworks on or before 1/28. Comment
1-25-15 wilbur grodan: MARKET INTERNALS are indicating WHITE HOT for activation of MR. Comment
1-25-15 R.V. / GCR: PHASE FOUR RIDING IN LIKE THE LONERANGER.....WHERES TONTO?
THE OTHER CURRENCIES i.e. Zim, Vietnam, Rupiah... will Batman let them go? …will robin seek the JOKERS HELP?
Stay tuned as we will see soon what The AOP, (Authors of the Plan) HAS IN STORE FOR THIS VIEWING AUDIENCE.
WHAT IF? The dinar comes out stand alone and the treaties signed …Then in a 24 hour period the world currencies follow ….. …. we do the switch over to the transparent GRAND DESIGN....THIS IS GOING TO BE ORGANIC AND NON HOSTILE.....
WE ARE ABOUT TO SHUT IT DOWN FOR A FEW DAYS. DO NOT PANIC AS THE EVENT IS CREEPING IN.....PT Comment
1-25-15 EXOGEN: "Cheerful" Dutch Financier Becomes 4th ABN Amro Banker Suicide. Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start with the reported suicide of Chris Van Eeghen - the 4th ABN Amro banker suicide in the last few years. Article Link - Comment
1-25-15 PAPPA-J: ABOUT THE OIL PRICES,YES THE SAUDI KING PASSED AND THE MARKET REACTED HIGHER TO THAT CIRCUMSTANCE AND IMO THE POWERS THAT BE WILL USE IT AS AN EXCUSE FOR THAT TREND TO CONTINUE SO IT LOOKS SO NATURAL FOR A REASONING FOR OIL TO GO BACK UP IN PRICE.
PERSONALLY, MORE INTERESTED IN THE CURRENCY WAR AS THE MEDIA CALLS IT ,----NOT----- ,WONDER IF THEY WILL EVER CALL IT A CURRENCY RESET?
NO MATTER IF THEY DO OR NOT IT WONT CHANGE THE REALITY OF WHAT WE ARE WATCHING MANIFESTING BEFORE OUR EYES.-----
IMO THE PHENOMENON THAT WE MIGHT ALL WANT TO HONE IN ON IS THE PARITY OF THE CURRENCIES----
THEY SET THE STAGE FOR THE MARKET TO OPERATE PROPERLY WHEN THE IQD SHOCKS THE LIVING BEGEZERS OUT IT BY WALKING ONTO THE WORLD STAGE.
TALKING ABOUT A COTILLION PARTY!!!!!
DINAR IS GOING TO BE THE MOST DESIRABLE ONE THERE!!!!! PJ Comment
1-25-15 Millionday: Article quote: "Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets."
GLOBAL CURRENCY MARKETS -- THEY ARE GOING TO FOREX...WHOOPOW! THAT MEANS BACK TO A REALITY RATE FOR THE MARKET. [When will they start trading on Forex?] THEY SAID THAT NOW IS THE TIME TO TAKE THE CHANCE WITH IT...THIS GOES WITH THE ANNOUNCEMENT THEY MADE TO THE CITIZENS ABOUT BEING READY IMO.
THEY ARE ANNOUNCING THAT THEY ARE RAISING THE RATE HIGH AND GOING TO GLOBAL MARKET -- THAT IS NOT NORMALLY ANNOUNCED A LONG TIME BEFORE THE MARKET ENTRY.
[I am extremely excited but would be more so if that post came from the CBI.] THE REASON I AM EXCITED IS TWO FOLD -- ONE THEY ARE OPENLY TELLING THEY ARE GOING TO THE GLOBAL MARKET AND TWO -- THEY ANNOUNCED THAT THE GOV IS READY AND THAT CAME FROM THE GOV --- CBI HAS STATED A LONG TIME AGO THEY ARE READY IN OPEN ANNOUNCEMENT.
Quote: "Revealed the appearance of Mohammed Saleh adviser to Prime Minister Haider al-Abadi Economic Affairs proximity of key economic laws contribute to the recovery of the Iraqi market and investment opportunities." NOW WE ARE HEARING WHAT FROM SALEH? HE TOO IS STATING IN OPEN THAT THEY ARE HEADED TO A MARKET ECONOMY AND DEVELOPMENT FOR IRAQ. Comment
1-25-15 Iraqi News: KDP: 385 ISIL terrorists killed in Mosul. The Kurdistani Democratic Party headed by the President of Kurdistan Region, Masoud Barzani, stated that more than 385 ISIL terrorists were killed in the last three days in Mosul. A source of the KDP stated to IraqiNews.com “The hospitals in Mosul received the corpses of more than 385 ISIL terrorists where 67 of them belong to foreigners,” noting that “The citizens started to worry and left to northern Mosul to avoid being killed during the clashes.” Article Link - Comment
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