4-24-2014 Newshound Guru Kaperoni

4-24-2014   Newshound Guru Kaperoni   The reprinted currency dinars are now out in Iraq.  This is great news for us!  Bad news for those wanting a RV.  Great news for a gradual appreciation but more importantly it confirms two great things!  no LOP and the dinar we hold will rise!  you dont reprint existing notes for a RV...u reprint if you plan to have them in circulation for a period of time as the dinar rises.  Ok, this is not my opinion, its right in print from the IMF.   its great news, IMO.

4-24-2014 Newshound Guru BGG

4-24-2014   Newshound Guru BGG   Articles about new currency aside... I have talked to 2 contacts directly (in the last 24 hours) - not a peep. They are unaware of such moves. Not being distributed yet...both with direct Baghdad access (if anyone would know - they would).

4-24-2014 Intel Guru TD

4-24-2014   Intel Guru TD   The CBI is again vocal with renewed announcements of new notes printed & ready to be phased in. The CBI will act on various monetary programs to roll out shortly after elections & it does not matter what government is formed. DFI funds release date of May 22nd is a focal one to keep an eye on. The CBI has the will & might to execute and at this point has a June time table for execution of various programs. The RV, RD, RI piece of the puzzle may soon be solved. 

4-24-2014 Newshound Guru wmawhite

4-24-2014   Newshound Guru wmawhite    [are you in agreement with rk and bgg that it should go before elections?]  My opinion is that this is a financial event, not a political event. When the CBI does this in conjuction with the IMF/WB it will be based on their calendar not Iraq's election calendar, IMO. It can happen before, after, it doesn't matter, IMO.  [post 3 of 3]

4-24-2014 Newshound Guru wmawhite

4-24-2014   Newshound Guru wmawhite    IMO, Iraq wants to make a big splash...get the world's attention...a float that you are dependent upon the world doesn't get them there quickly, IMO...the CBI is telling us so much. The only thing they are not telling us is how much. From their action they are doing things that indicate now.  I am of the opinion that when the CBI make a change in the value of the IQD they will wants to leverage as much of it as possible...starting at 1166, or 1000 or anything less than a $1 to 1 IQD gets them no where on the world financial stage.  [post 2 of 3....stay tuned]

4-24-2014 Newshound Guru wmawhite

4-24-2014   Newshound Guru wmawhite    there are articles out today suggesting that the new secured currency is being issued.  Quote:  "We are replacing the old currency with a new one be of the characteristics of high quality in terms of printing and the inability to forge and tampered with." He pointed out that the procedure "will give the Iraqi dinar a large force in front of the rest of the other world currencies, as well as the ease of carrying and trading groups yellowed cash in banking transactions and the buying and selling and monetary exchange." this great news!!!  for this currency to "work" there needs to be a change in the value of the IQD.   [post 1 of 3....stay tuned]

4-24-2014 Newshound Guru Tlar

4-24-2014   Newshound Guru Tlar   The blocks...stated that they want to pass the budget right after the election...and have already agreed on the Kurdish issues to make sure it does...the likely hood of it getting passed before the elections is all but gone.  The CBI has let the contracts to reprint the 250, 500 and 1000 notes.It is my belief that until these notes are printed and we begin to see large number of notes being swapped out we will not see an RV.  If the CBI were to pull the trigger without the new 250, 500 and 1000 notes already going into circulation, Iran would be sucking billions and billions within a few days of the project implementation. They must reprint them before these notes have value. I see this as a change to the plan but it is an aboslutely necessary change to protect the currency. 

4-24-2014 Newshound Guru Kaperoni

4-24-2014   Newshound Guru Kaperoni   The CBI is following the directive of the IMF...and that will be a gradual appreciation of the dinar.  And once they open the market economy and capital account, the dinar should rise fairly quickly based on the IMF's own statement..the Balassa-Samuelson effect.  Give it a bit...remember the Iraqi's need a currency they can appreciate and be proud of and use while the dinar rises.  Using the dollar is not an option.  [post 2 of 2]

4-24-2014 Newshound Guru Kaperoni

4-24-2014   Newshound Guru Kaperoni   Article:  "Iraq issued a new currency with a high security specifications"  Looks like the new dinar is already starting to circulate. This announcement validates two things, the dinar will rise gradually (no RV because reprinting these notes makes no sense then) and their is no redenomination (LOP) again makes no sense to reprint current denominations.  This "only" makes sense in a gradual appreication or float in which these notes can be used by the citizens while the dinar appreciates and a slow transition per the statement..."will give a great power of the Iraqi dinar against other world currencies"  [post 1 of 2....stay tuned]

4-24-2014 Intel/Newshound Guru American Contractor

4-24-2014   Intel/Newshound Guru American Contractor  Article:  "Iraq Central Bank invites JP Morgan Bank to open branch in Baghdad"  The Iraq Central Bank has sent an invitation to the JP Morgan Bank to open a branch in Baghdad.  This is preliminary and we will see what develops.  Great News!!

4-24-2014 Newshound Guru Millionday

4-24-2014   Newshound Guru Millionday   Article:   "Announced the Finance Committee in the Iraqi Council of Representatives, that the Council will resume its sessions in the sixth month of May next to approve the budget bill for fiscal 2014."  so as we see here they are going to meet about the budget on may 6th after elections for the budget... CBI is a separate entity so with the many announcements of them moving forward with economic reform with international investment they would be pressured into also activating their own projects  

4-24-2014 Newshound Guru Aggiedad77

4-24-2014   Newshound Guru Aggiedad77   Article:  "Furat al-Shara describes the adoption of the budget by the end of April / miracle"  So all attempts at coming to some budget resolution have apparently failed...in that light...we have a MP stating that it would be a miracle to see the adoption of the budget by the end of April...especially so when everyone is now trying to protect their own selfish interests...meaning to get re-elected to Parliament...the budget is the last thing on their mind... 

4-24-2014 Newshound Guru Tlar

4-24-2014   Newshound Guru Tlar   Maliki made another run on the CBI. He attempted to use as his excuse salaries need to be covered and with the budget tied up they needed to borrow billions from the CBI to cover them. Turki again stood his ground based on the constitution, declaring the banks independence and the constitution obligation not to make loans to the government.  As Maliki slips in power Turki has grown in power. It is my belief that Turki is now educated in banking and is starting to act as a confident Governor and good things are finally at hand. Things look like they are finally falling into place.  [post 2 of 2]

4-24-2014 Newshound Guru Tlar

4-24-2014   Newshound Guru Tlar   8 days left until the parliamentary elections in Iraq. Maliki is still fighting to get a third term but all the blocks have basically turned their backs on him...He is extremely fearful of not being in some political position after the elections because if he is not, he looses his immunity. Maliki has stated that if he can't win the PM job for a third term that he will leave Iraq. A poll taken recently that is supposed to be representative of the people of Iraq showed Maliki getting 11% of the vote.  Maliki is finished in Iraq and if he does not escape the country, many are now stating he will end up being prosecuted...  [post 1 of 2....stay tuned]

4-24-2014 Newshound Guru Kaperoni

4-24-2014   Newshound Guru Kaperoni   ...everything we have read indicates right after the elections.  So I am looking forward to the CBI making a move shortly.

4-24-2014 Newshound Guru Millionday

4-24-2014   Newshound Guru Millionday   [do you think the CBI already has a rate in the back of their heads?]  yes i think they have it already and it is not released.

Dinar Daddy: What I’m Hearing About Iraqi Dinar

I’ve been hearing some extremely positive information about Iraq lately.  I have NO WAY of being able to verify this information, so take it for what it is; nothing more than me sharing what I’ve heard.

1. Maliki (Iraq), IMF, US Administration (Obama and backers)… all on SAME page for the first time
2. 100% political… NOT something we can rationalize or explain away or even make sense of (man made event, not a natural occurrence)
3. Will happen similar to Kuwait where the rate will just APPEAR without fanfare or announcement
4. Rate is agreed upon by US Administration (more than what they want us to have, but willing to accept due to inability to continue to support Iraq (Obama won’t be able to get Congress to agree to send more money into Iraq while his administration is still unable to pay for Obamacare)
5. Watch for something to happen as soon as BEFORE Iraqi elections (April 30th)
6. Maliki needs to increase value of IQD in order to be supported by his party to be placed as Prime Minister once again
7. Iraqi Dinar bank notes are extremely limited in Iraqi Banks and within the country, which has been verified by more than one credible source, so even if our US administration finds a way to filter large sums of USD to Iraq (to side-step Iraq’s currency going international… “RV”), which would only keep Iraq internationally stagnant, Iraq would still have to coax outside countries who hold Iraq Dinars to sell the currency back to them so they can increase their in-country money supply. This step would counter their last 3-4 years worth of removing their bank notes from their money supply.
8. I am being told there will be NO NEED TO RUSH to cash-in!  Apparently there will be a FIXED RATE for 6-8 months
9. This is a VERY FLUID, politically charged situation

This was shared with me.  If it was written by someone else, I’d place it in the Rumors section of my site.  Because I’m Dinar Daddy, I have my own Tidbits section, so I’ll place it there. Again, I have no way of validating any of it, but I’m definitely getting excited! 

Go Dinar!
Dinar Daddy

4-18-2014 Intel Guru Mnt Goat

4-18-2014   Intel Guru Mnt Goat   So this news today from Iraq is very special since it coincides with what we are now hearing from the IMF on progress made at the meeting this past week in DC. I am now hearing they have a target end date of April 30 to complete the current phase of the global reset process. They can now move forward. The stalemate between the IMF and the USA is over!  We are so close to the final activation of these currency rate changes at the banks I can hardly stand the excitement. I have watched the contact in the IMF now (once again) notify Iraq that these changes were about to be effective and that their currency was about to go international.  The RV train is moving once again.   [post 3 of 3]

4-18-2014 Intel Guru Mnt Goat

4-18-2014   Intel Guru Mnt Goat   Significant Recent Events:  First I have found out the USA and the IMF have reached a mutual decision on how to handle these reforms, in particular the voting rights issues...I have been assured the issue is no longer a problem for the process to move forward. Secondly, another reason for the delay has been the release of the new UST notes to the general public in USA. These notes are now sitting in the USA banks ready to be disseminated. The plan is now to carryout the original plan with minor change and will more forward. Thirdly I have been told today also the Iraq GOI has reached an agreement with the Kurds on the budget.  [post 2 of 3....stay tuned]

4-18-2014 Intel Guru Mnt Goat

4-18-2014   Intel Guru Mnt Goat    I...just got off the phone with my IMF contact. Today is early Friday morning and the news could not get any better. Let me first remind you...that the passing of the Iraq 2014 budget is dependent on the IQD currency revaluation announcement and not the other way around. In other words watch for the GCR and you will then see the announcement of passing or the high likelihood of the Iraq budget passing in the near future. The two would coincide nicely. Watch for one and you would see the other.   [post 1 of 3....stay tuned]

4-18-2014 Newshound Guru wmawhite

4-18-2014   Newshound Guru wmawhite      IMO, the statement by the MoF last year that the IQD will experience a dramatic change in value prior to June 2014 and the expiration of EO 13303 on 22 May 2014 has alot to do with the IQD than many realize.  ...even with the stalemate in Erbil and the hold up with the budget...the CBI has been lights out...speeding forward. They wait on no one.  [post 2 of 2]

4-18-2014 Newshound Guru wmawhite

4-18-2014   Newshound Guru wmawhite    When the time is right the CBI in conjunction with the IMF and WB will change the status of the IQD. They will not wait on anyone or anything IF the time is right.  [no way was M [Maliki] going to gain politically from this event.]  concur...M [Maliki] is old news.  remember, it could take many months before the new government is formed. However, IMO, if the time is right, the CBI will move forward with the IQD.  [post 1 of 2....stay tuned]

4-18-2014 Intel/Newshound Guru Poppy3

4-18-2014   Intel/Newshound Guru Poppy3    THE SURVEY AT THIS POINT IS ABOUT 50/50 THAT THE RV WILL GET DONE PRIOR TO THE ELECTIONS...AND SOME THINK JUST AFTER AND BEFORE JUNE 1 BUT I AM HOLDING STEADY THAT THE POSSIBILITIES OF IT TAKING PLACE BEFORE THE END OF THE MONTH.
  

4-18-2014 Newshound Guru Shredd

4-18-2014   Newshound Guru Shredd   Article:  "Iraq looking customs tariffs applied to complete its accession to the World Trade Organization"   Quote:  "The statement added: During the meeting, discuss the issue of customs tariffs in preparation for the third round of negotiations and finalists take Iraq in order to complete its accession to the World Trade Organization."   If tariffs are all that remains for membership, we may be closer than I thought.

4-18-2014 Newshound Guru Millionday

4-18-2014   Newshound Guru Millionday    The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability.  so if we look at these things >>> inflation, interest rates, current account deficits, public debt, terms of trade and political stability...they have low inflation and low debt and they have great terms of trade.  [It appears we are almost there...]  it seems very close and very encouraging.  [post 2 of 2]

4-18-2014 Newshound Guru Millionday

4-18-2014   Newshound Guru Millionday   cbi has the right to set the reality rate and it will be whatever the calculations say...how it's done:  The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence.  [post 1 of 2....stay tuned]

4-18-2014 Newshound Guru Adam Montana

4-18-2014   Newshound Guru Adam Montana    [What have your sources stated about the budget and HCL?]  I'm looking for HCL movement shortly after Maliki is re-elected, and the budget is irrelevant. The current budget is based on the current situation, and when that changes... so will the budget.  [After reading many articles on HCL and Budget it looks like no agreement may not be made until 2015 - My question is if Iraq and Kurds to not come to agreement on HCL and Budget being pass for 2014 do you think it's still possible for RV in 2014?  I hope that I am wrong but not seeing any GREAT signs that RV will happen this year.]  I don't see an RV without progress on the HCL. Whether that will happen in 2014 or not remains to be seen... I believe it is definitely possible.

4-18-2014 Newshound Guru Stryker

4-18-2014   Newshound Guru Stryker   Article:  "KRG propose a compromise to resolve the dispute <<oil>> with Bagdad"  Quote:   "Baghdad to form a technical committee of neutral experts assume the verification process of the potential of each province or territory producer of oil on the quantity that can be exported from the production and not only because the production is export"  HCL? I think so!   Not just an agreement between the Kurds and the Federal Government of Iraq but an agreement to pass an Oil & Gas Law once for all.  This is great news and something I've been expecting was going on behind the scenes, time will tell if I'm right.

4-18-2014 Newshound Guru Millionday

4-18-2014   Newshound Guru Millionday   Article quote:   "solution in the treatment of this is apparent that the government and regulatory laws for activating the consumer protection laws and the product and the customs tariff law if done properly will help to reduce this negative phenomenon."    what we are seeing with this is the ACTION they need to go to a market economy – HUGE - obviously this goes along with all of what we want to see - let me say the market economy can only happen with a reality rate - and that is what we are waiting for.

4-18-2014 Intel/Newshound Guru Poppy3

4-18-2014   Intel/Newshound Guru Poppy3     I HAVE BEEN INFORMED TODAY [WEDNESDAY] THAT THE CONTRACTORS HAVE NOT YET BEEN PAID IN ANY CURRENCY SO IT IS STILL POSSIBLE FOR THEM TO BE PAID IN RE-VALUED --DINAR AS THEY WERE PROMISED.   ONE NOTE --- ALWAYS BEFORE THEY WERE PAID IN USD ON THE DUE DATE WHICH HAS NOT HAPPENED AS OF TODAY [WEDNESDAY]. BE VIGILANT IT IS STILL POSSIBLE.   

4-18-2014 Newshound Guru Adam Montana

4-18-2014   Newshound Guru Adam Montana    [Do ya think the dinar will stay pegged to the dollar?]  I don't believe it will fall away from the dollar anytime soon, regardless of the RV.  As the dollar falls, if Iraq's currency is getting stronger, they just continue to adjust the exchange rate accordingly.

4-18-2014 Intel/Newshound Guru Poppy3

4-18-2014   Intel/Newshound Guru Poppy3      NEXT - I WAS INFORMED THE RATE WILL CHANGE ON THE CBI SITE... THEN THERE WILL BE ANNOUNCEMENTS THAT THEY HAVE THE BUDGET, HCL, AND FULL TARIFF LAW AND HAVE MOVED IN FINANCIAL RESTRUCTURE FROM ARTICLE 6 TO ARTICLE 8...THEN, WITHIN A FEW DAYS, THEY WILL ANNOUNCE FULL MEMBERSHIP TO THE WTO BECAUSE THEY WILL HAVE A RE-VALUED CURRENCY AND IT WILL BE TRADABLE INTERNATIONALLY.  ALL THIS COULD HAPPEN WITHIN HOURS, AND IT COULD BE IN DIFFERENT TIMING, BUT ALL WILL HAPPEN VERY QUICKLY AS THEY ARE ALL TIED TO ONE ANOTHER.  [post 2 of 2]

4-18-2014 Intel/Newshound Guru Poppy3

4-18-2014   Intel/Newshound Guru Poppy3   DINAR RV CAN STILL HAPPEN AT ANYTIME. ALL THE FOLLOWING WILL HAPPEN AT THE SAME TIME, AT LEAST WITHIN A FEW HOURS OF ONE ANOTHER AS THEY ARE ALL TIED TOGETHER:  FIRST - ...THE THREE CONTRACTORS HAVE NOT BEEN PAID YET AND THAT LEAVES THE DOOR OPEN FOR THE RV TO STILL BE PENDING TO HAPPEN THIS WEEK.   [post 1 of 2....stay tuned]

4-16-2014 Newshound/Intel Guru BGG

4-16-2014  Newshound/Intel Guru BGG    [I believe that Maliki KNOWS his current state of affairs and that his future as Prime Minister is out of reach. His trip to Washington didn't go well...Iran is relieved of some sanctions and doesn't need him...Barzani, Najafi, Sadr, Talabani (or the next President of Iraq), Allawi, and maybe even Turki are fed up! In my humble opinion, the question becomes, "How long before he's official out of office...by resignation or loss of title?!"]   Now that, is an accurate rendition.   [post 2 of 2]

4-16-2014 Newshound/Intel Guru BGG

4-16-2014  Newshound/Intel Guru BGG   Maliki's name is not "on a ballot" - the SLC has MP's up for re-election...based on the overall party results, the winning "majority party" will get the chance to form the next government...(name the PM).  Maliki is not up for reelection - which is why it is soooooo troubling when the major players are all not giving their assent to a 3rd Maliki term...it has to be terrifying to him.  [post 1 of 2....stay tuned]

4-16-2014 Intel/Newshound Guru Poppy3

4-16-2014   Intel/Newshound Guru Poppy3    THE TIMING IS EVERYTHING AT THIS POINT. THEY CAN PLAY IN THE BIG LEAGUES ANY TIME THEY GET READY TO STAND UP AND BECOME A WORLD PLAYER IF THEY CAN GET THEIR OWN FEET AND POWER GRAB OUT OF THE WAY.  IN THE END WE WILL WIN FOR SURE.

4-16-2014 Intel Guru Bluwolf

4-16-2014   Intel Guru Bluwolf   There is no ten year “whatever” holding if you were to sign your nda.  The reason behind the nda is for the full protection of all involved ( bankers, citizens, the buyers- Chinese } and the bank itself.  It's a matter of security only.   Update:   We still wait on the Americans to put everything in motion worldwide.   As of last night I was informed that the go will happen in a bit with them or without them.   

4-16-2014 Intel/Newshound Guru Poppy3

4-16-2014   Intel/Newshound Guru Poppy3    I WAIT TO HEAR BACK FROM THEM FROM WASHINGTON AND PRAY THEY CONTACT ME SOON WITH GREAT NEWS.  I STILL FEEL STRONGLY THEY HAVE MADE SUCH PROGRESS IN A SHORT TIME THAT THEY HAVEN'T DONE ALL THESE PROGRESSIVE THINGS AND SPENT ALL THE BILLIONS PAYING OFF DEBT AND PURCHASING GOLD AND PRINTING EVEN MORE NEW LOWER DENOMS TO JUST STOP.  THEY WILL GET IT DONE ONE WAY OR THE OTHER...WE WILL BE BLESSED IN DUE TIME.  THERE IS ZERO REASON OR USE FOR LOWER DENOM IF THEY DON'T VALUE THE DINAR A RATE WORTHY TO USE THE LD'S .. THIS ALONE IS PROOF THEY ARE GOING TO RAISE THE VALUE OF THE CURRENCY.   [post 2 of 2]

4-16-2014 Intel/Newshound Guru Poppy3

4-16-2014   Intel/Newshound Guru Poppy3    WELL IT APPEARS THE CONTRACTORS EVIDENTLY HAVEN'T BEEN PAID TODAY AS REPORTED AND WE HAVEN'T HEARD THE RV EITHER ... AS WE REPORTED...THE SOURCES STATED THE INFORMATION WAS BASED ON THEY HAD BEEN PROMISED AGAIN THAT 3 OF THE GOVERNMENT CONTRACTORS WERE TOLD THEY WOULD BE PAID IN REVALUED DINAR TODAY. THIS HAD HAPPENED LIKE SO MANY OTHER THINGS MANY TIMES OVER THE LAST TWO YEARS BUT WITH ALL THE MOVEMENT LATELY BY THE CBI THEY TRULY THOUGHT THIS TIME WOULD BE THE RIGHT TIME.   SO,  EVIDENTLY SOMEONE OR SOMETHING HAS HELD UP THAT HAPPENING AGAIN.  [post 1 of 2....stay tuned]

4-15-2014 Newshound Guru tlm724

4-15-2014   Newshound Guru tlm724   economist earlier called for those in charge of the economic sector in Iraq to re-evaluate the value of the currency after it enhances the cash reserve quantities of gold...so re-evaluate the dinar after they got their gold to a level they are comfortable with and they HAVE that level now!  Article quote:  "the Central Bank reserves to rise the value of the dinar to a higher level compared to its exchange rate against the dollar"   there you go raise it above the value of the USD and the CBI has the reserves to cover that!   [post 2 of 2]