Category: Rates

Parliament postpones its session to Monday

2-9-13 Shafaq News / The parliament postponed on Saturday its scheduled session for today to Monday because of the lack of a quorum.

The parliament decision maker, Mohammed al-Khalidi told “Shafaq News”, that “The Presidency of the parliament decided to postpone today’s session due to the lack of the presence of most of the members, which means that the quorum was not completed”.

He added that it was decided to hold this session on Monday.

For his part, a parliamentary source predicted that voting on the federal budget might be on Monday’s session.

LINK

Fact Finders – Who do you follow?

2-9-13 Wife in the Know: SteveI along with Ray and Ocrush from People Dinar in my opinion are the only true source of information (except for me of course) that is worth reading. I do not know SteveI or the others but, this post is an excellent over view and extremely well written.

I agree 100% with the information SteveI has presented here. It’s truly amazing that their info and timing of receiving it is either a nano second ahead of mine or parallel. This is why I know they are on the level. Smile friends : ) we are almost there!

POPPY3′S THOUGHTS ON…BIDEN SHOWING UP ON THEIR DOOR STEP

2-9-2013 Intel/Newshound Guru Poppy3:    got notice that john kerry [Biden??] will arrive in iraq tomorrow. IF SO FORGET ANYTHING BEING DONE AT THE MEETINGS TOMORROW THEY HAVE NEVER DONE ANYTHING WITH HIM IN THEIR COUNTRY. ONCE HE LEAVES THEY WILL RESCHEDULE AND MOVE FORWARD. THIS IS POPPY3′S THOUGHTS ON…BIDEN SHOWING UP ON THEIR DOOR STEP UNANNOUNCED. GUARANTEE THAT WHY NAJAFI HAS ALREADY ANNOUNCED POSTPONEMENT OF THE BUDGET A 4TH TIME THIS WEEK.

It’s white. And its black. It’s up and its down. Iraq is on center stage…

Maynard57: I had a 2-hour long distance phone conversation last week with Bahir, my roommate back in our Hamline U days. The phone bill’s gonna look like a house payment, so I figured I might get some use out of it by sharing it with anyone in the dinar community that’s interested.

Bahir is from al Hillah, a somewhat agricultural, medium size city in central Iraq by the Euphrates River in the Babylon province, I think.

He shows his capitalist colors when he talks about the IQD as an investment and yes, he thinks it has real potential.

Bahir, because of who he is, does have some first hand knowledge of the political atmosphere in Iraq and he assures me that the Dinar community is only seeing the tip of the iceberg.

What he does not have is any personal information about the facts of the RV.

Bahir would be the first to tell you: simply having that type of phenomenally valuable information at your disposal would put your life in danger.

To even be suspected of disseminating it to another person would get you fitted for a pair of ‘concrete galoshes’ and your kin dredging your dank carcass from the bottom of the Euphrates.

Considering the interests at stake and the players involved, I think the danger of knowing too much is rather obvious.

Bahir’s point on the budget issue: Iraq seems to be following a script written for them (please, please read “The Future of Iraq”pdf).

As the RV approaches, the news about it can’t be good. With too much incentive, the sharks of the world would literally illiquidate Iraq from beyond its borders.

But the news can’t be bad, either, otherwise the investment climate crucial in their developing some degree of economic diversity will dry up and the IQD rate will collapse.

So what we’re getting right now, and you can see it in the articles coming out is a healthy does of Iraqi news propaganda DOUBESPEAK.

It’s white. And its black. It’s up and its down. Iraq is on center stage:

They are proud of their progress and their mind-boggling resource wealth. They are also publicly humiliated by all the dysfunction in parliament and all the petty disputes blocking the task of simply getting ‘r done. It has NOT been good for business.

The moral of the story appears to be this: the closer we get to the main event, the more directly contradictory news articles you will see.

It’s by design. It’s completely understandable.

It is my speculation that your mission is basically to look at all the news, good and bad, take each piece with a grain of salt and stay focused on the big picture. Remember the X-Files.

The Truth is Out there. It’s sitting on the 50-yard line somewhere in the middle of all this.

Do not believe everything you read

2-9-13 Stevel: I think this week was a great week regarding news and the progress. Ray and I have spent many hours talking to our contacts and verifying the news being reported. After reading may articles, we both came to the very same conclusion, do not believe everything you read.

Many articles on this forum are causing a lot of confusion. For all of you members, I do take the time to read each and every one of them, and I truly thank you for doing that

Please remember, Ray and I are not physically in Iraq so we have to rely on my partner in Iraq and other contacts, plus all of Rays contacts he has reached out to and has come very trust worthy.

Many just do not realize that we only share what we are being told. We have never gone beyond the facts and twisted any statement to benefit us, but rather just the opposite. We do stick our necks on the line. Heck you all know my real name and my wife’s name. Can you say that for any other site? Probably not.

To my knowledge there is no prize for being first in a date prediction (you sure have me fooled), no first prize in getting the rate correct (also had me fooled), but rather we just share what we know. I have a very large circle of friends that do tell me what others are saying but it is only to advise me that we are doing a great job of being factual rather than fictional. I will leave it at that.

Our sources did share that they were going to vote on the budget Thursday the 5th. They did not complete the vote but did in fact finish adjusting it and they did agree on moving forward. Because Friday (our today) is their holy day, not much got done except a bunch of articles that were a misdirection of the actual facts. Each agency seemed to have their own version So you can now related to news that is not factual.

Please do not forget that each news agency is out to gain subscribers and is not doing this for the fun of it. News is a huge business, so why would Iraq be any different.

We, all of our contacts collectively are being told that they (Iraq as a country) is out of money. Ok, that maybe false, they have mega billions, but not able to access them.

I read that there are two budgets (DV concept) one budget is for the country and one is for the RV. That is so far from facts that it does not make any sense. Great for keeping members (maybe) but not so for being real.

I want you all to watch when the budget is officially posted, recorded, or whatever the case may be, I will tell you that it is now not based on $90 ppb but a different amount (higher). So when this is over, I am not sure who will really care, but I do know for a fact who will, and that will be the Iraqi citizens.

A few more comments and then I will end this post.

Everyone says that Iraq is still under Chapter VII, and there is no HCL law in pace and the list goes on. So instead of taking bits and pieces of this post and twisting into your warped negative way, why not just let this next chapter unfold and then determine who is right and who is wrong. Please feel free to provide any solid fact to dispute it.

For those that say there is no way it will revalue or end up being a value of over $3.00 then go find the facts, find the proof, find anything to dispute it, but if your are going to use some “will I think” concept, then do not bother.

What blows me away is all of the negative comments and the mentality of “this will never happen” or whatever you believe, so then why are you invested? You invested with the belief that you would gain more than your initial investment and have followed this very closely. Some more than others.

So if you would rather be negative about what you are currently holding then why would you want to bring down the hopes of others? You know why, because in the back of your mind, you know it is going to happen. If you didn’t you would not be bashing everyone and everything.

My final statement is this. Please feel free to have at it.

The Iraq Budget of 2013 was configured and derived with a new dinar rate (and now adjusted). The rate will be returned to a value that is comparable within its region. You should see the new rate within a reasonable timeframe.

This saga will not drag on for weeks, so you all can now all write your version of how this will end.

Gurus are saying that this R/V has nothing to do with Iraq

2-9-13 BWM: (Q. So what does it mean when gurus are saying that this R/V has nothing to do with Iraq? In other words, it is out of their hands?)

A. Simply put, if Maliki is that powerful, and considering that he supposedly had “acquired” a large sum of dinar, why wouldn’t he just pull the trigger and make himself a bagillionaire and be done with it? My opinion is that they will accomplish all their items when they are told to finish things.

The bloc leaders are working very hard to get the budget in place

2-8-13 Ocrush: The bloc leaders are working very hard to get the budget in place for a vote. They had closed door meetings today with absolutely no media. Technically, the budget is done but we think it’s a timing issue for the vote to take place.

We all agree the budget will pass. Even UN’s JAPU put out their primer budget statement on January 24, 2013 with a footnote that the budget will pass sometime in the beginning of February. We are close but there is really no way to get an accurate description as to what is the hold up. We are in the window of opportunity.

Value of the dinar is most definitely a separate event from the removal of the zeros

2-8-2013 Newshound Guru Shredd:   I was talking to a friend…and we were talking about the different scenarios regarding timing…how long it could take to start to pip, how long to rv, how long to float and how long till we would cash out some or all of our dinar. I remembered something which is easy to forget…the lower denoms printed from back in 03…even though we read that the removal of the zeros may not happen until next year, that does not mean we won’t see movement in the rate also…we know the current two language dinar will coexist with the new three language dinar for a period of 10 years. i think we have just two articles stating that, the first came out in august of 2011 if i recall correctly and lastly, we have not read anywhere that the dinar we are holding have some laddered plan of being retired. [Guru] Breitling mentioned that recently and I feel that is a great thing to remember.

so, combining these factors…in my humble opinion, gives us great hope that, as we know, the rise of the exchange rate….the value of the dinar is most definitely a separate event from the removal of the zeros and we are not tied to waiting another 12 months or whatever. when the (i think 14) categories of dinar were printed the plan back then was what? twofold…first, to release the large notes due to the low exchange. second, for release of the lower denoms, including the coins to support the country for WHEN the rate reached par with the dollar and above. is the quantity of those lower denoms enough to operationally keep iraq on it’s feet? doesn’t matter imo because i believe the new dinar is printed but even if it isn’t, printing and circulating currency does not take months and months. so, this is kind of an “administrative” look at our situation and imo, it looks amazing and like the gurus say…it can “pop” any time.

My sources still saying… over $5

2-7-2013 Intel Guru Flashing:   Some banks have the following rates: iqd $3.46 or $3.42, vnd $.24 . My sources still saying and i concur with them over $5…again just rumors. rumors about dealers: they are expecting a change in value any time now. rumors about dates: Several sources are saying sunday after midnight, others are saying the 12 and other group are saying the 15 or right after. the back wall is over that date. the back wall is may 22. again, i am not saying we should go that far. imo, we should see it very soon starting next week as i stated previously. let me say it again. i am not saying we will go that far, but the date in which the funds will be released for use by Iraq is the back wall and the worst scenario. i expect it during this month starting next week.

Do not rely on the news any longer

2-7-2013 Intel Guru SteveI:   I do not rely on the news any longer, but wait until we can talk to sources in Iraq and let them explain the actual events. So until then, I elect to keep an open mind and stay positive. It very well could be a bit longer, but not much. Remember they only had enough money for this past payroll and no longer have the funds to pay anything. Iraq has come to a halt regarding money, and money is everything over there. As soon as we hear, we will provide and share what we are being told.