12-31-2013 Knight

12-31-2013 Knight
From what i am hearing and adding up myself, 2014 is going to be a very good year, keep an eye on the bond market in Iraq folks. Been awhile have not post in a week or two, hope you all have a great New Years.  

Economic Committee Member says, no zeros to drop from currency through the next 2 years

Analyst: delete zeros from Iraqi dinar needs a political decision

The most prominent events of the economy and money in Iraq through 2013

Parliament raises four proposals raise the participation rate in economic activity

Politician warns International Monetary Fund may intervene because of the huge deficit in the 2014 budget

Economist confirms “fragility” in the Iraqi market and the trade expects to see a “mobility qualitatively”

Iraq’s debt to Brazil amounting to 600 million dollars; Minister of Justice wants to end debt

The continuation of the Iraqi economy is affected by the risks next year

 

British institution: Iraq could turn into a dictatorship rising economically

Financial Times: Opportunities for Iraq to overcome security fears

12-31-2013 Intel/Newshound Guru Poppy3

12-31-2013   Intel/Newshound Guru Poppy3   many of the paris group have already stated their debt forgiveness to IRAQ like China forgave 60% of the IRAQ debt and they where to take dinar for the balance of 40%.  THEY DIDNT DO THAT FOR IRAQ TO BACK OUT ON THE DEAL AFTER ALL THIS TIME. THE RV IS FOR SURE AND WILL HAPPEN ASAP.   WITHOUT THE RATE CHANGE THE HCL, TARIFF AND BONDS WHERE ALL USELESS. THEY CAN'T PRODUCE CASH FLOW WITHOUT VALUE.  

12-31-2013 Newshound Guru Kaperoni

12-31-2013   Newshound Guru Kaperoni   "Economic: delete two zeros from the currency less risky"  Deleting the zeros has nothing to do with the physical currency... It is nothing more than an event...they must raise the zeros before they can delete the zeros.   We do not care about the deletion of zeros because that can only occur once they have the dinar on par or about with the dollar.  Then they can officially declare they have "deleted the zeros" and implement the Law of Indebitness.   

12-31-2013 Newshound/Intel Guru BGG

12-31-2013   Newshound/Intel Guru BGG   [One thought is that they don't need the bonds if they RV, but if they don't raise $ via bonds, then they desperately need the RV but if they do the bond sales, they can hold out longer without an RV.]  You are correct.

12-31-2013 Newshound Guru tlm724

12-31-2013   Newshound Guru tlm724   Article:   "The chances of Iraq overcome security concerns among foreign investors."  what is important with this one is this: it was published in THE FINANCIAL TIMES!  Holy moly they are going to bust wide open!!   Article:  "British newspaper: Iraq's oil tempt foreign companies despite security concerns"  among the companies that started activities in Iraq, Exxon Mobil and three Lebanese banks...this is exactly what we need to see, the willingness of investors and the fact that Iraq is actually getting a grip on security will boost the confidence of those investors!  

12-31-2013 Newshound Guru Bondlady

12-31-2013   Newshound Guru Bondlady     this is what we needed to see and let the dinar grow in value as the economy explodes into great things the dinar rises rapidly as well as inflation so the dinar needs to rise along with the economy to control and curb inflation.  They need the people to fall in love once again with the dinar! But how?   make the dinar value as much or more than the dollar or move it in that direction, show the people good things are coming by moving the exchange rate so the people will have pride in their currency and not OURS!   [post 2 of 2]

12-31-2013 Newshound Guru Bondlady

12-31-2013   Newshound Guru Bondlady   Article:  "Announced the parliamentary Economic Committee, for the government to apply the customs tariff on goods from next Thursday"  think they [are] calling for a 2 day holiday also when it begins, Wednesday and Thursday, new years eve and new years day. To mark a new year and great things to come for them and for us imo.   ...every thing will be taxed EXCEPT for FOOD.  [post 1 of 2....stay tuned]

12-30-2013 Intel/Newshound Guru Poppy3

12-30-2013   Intel/Newshound Guru Poppy3    THEY CAN SELL BONDS ALL DAY BUT WITHOUT A RATE THEY ARE WORTHLESS.  AT PRESENT THEY HAVE BEEN EXCHANGED FOR FUTURES ON OIL.  THE BONDS SALES WILL NOT PRODUCE ANY CASH FLOW WITHOUT A NEW RATE ON THE DINAR.  I HAVE HEARD UNCONFIRMED NEWS THAT THE BONDS WHERE TO BE RATED AT $2.66 SO THAT THEY WOULD SELL OUT FAST AND RAISE HUGE CAPITAL FOR IRAQ ECONOMY AND ONCE THE MAJORITY OF THEM WERE SOLD THEN THE EXCHANGE RATE WOULD RISE VERY QUICK TO THE NOMINAL RATE. TIME WILL TELL.

12-30-2013 Newshound Guru Bondlady

12-30-2013   Newshound Guru Bondlady    there seems to be a frenzy of things being done to secure Iraq as it edges into the new year, why now?  why didn't they go all in before now?  Big changes coming thats why and it requires stability in every way...as they need to add value to a crushed dinar but they needed these things to happen first and we're seeing it all come about every single day!  They are serious and want to show and portray a NEW IRAQ to the rest of the world!   [post 2 of 2]

12-30-2013 Newshound Guru Bondlady

12-30-2013   Newshound Guru Bondlady   when Shabibi was the CBI governor...He said he needed GOI cooperation and all to work together as a team and security. So you see them all working or most of them working for the same goal here, security and the government has giving the CBI and Turki their blessing to move the economy forward per the dinar!   as Iraq goes into the new year they will go international with the World Bank and IMF and WTO support and help...making the CBI able to deal in a huge way also in international banking but they must kick terror out of Iraq.   [post 1 of 2....stay tuned]

12-30-2013 Intel/Newshound Guru Poppy3

12-30-2013   Intel/Newshound Guru Poppy3    MALIKI IS RUNNING OUT OF TIME...AND THE COUNTRY IS REPORTEDLY OUT OF MONEY TO OPERATE, NO DOLLAR RAISING AUCTIONS AND THE BOND SALES BEING HELD BECAUSE OF NO BACKING?   NOW WE SEE MOVEMENT, AMAZING THINGS THAT MANY PEOPLE MYSELF INCLUDED THOUGHT WOULD NEVER SEE HAPPEN. (MALIKI GIVING GROUND). IT WILL BE INTERESTING TO SEE WHAT FURTHER ACTIONS WILL TAKE PLACE WITHIN THE NEXT 48 HOURS.   

12-30-2013 Newshound Guru Bondlady

12-30-2013   Newshound Guru Bondlady   Article:  "Euphrates News announced that Iraqi ports on Saturday, they will begin to apply the system of customs tariffs with effect from the beginning of the new year, after a few days."   we got a great shot from now through the 1st quarter, IMO.  awesome tariff arts [articles] out that cover all the things we and I already covered for the last 4 years and ...they now are finally at the door to finally happen. ...it's good to finally see all I have covered in the past finally taking place.

12-30-2013 Newshound Guru Millionday

12-30-2013   Newshound Guru Millionday   Article quote:  "...Abdel Basset Turki said Iraqi Central Bank Governor that Iraq is planning to issue bonds in local currency for the first time to fiscal policy..."   that is part of the economic reform and the entry to free market trade.   [Are they in-country bonds like we saw before so that the country has $ to operate on until the RV? Or are the international for all to buy?]  they will be offered international as it looks to me.  they have not said the rate.  they will be changing the rate to a reality rate.  we wont know the rate until it changes.  we have not seen anything that shows any problem in us moving forward.

12-30-2013 Intel Guru ScottiG

12-30-2013   Intel Guru ScottiG    Please keep in mind that we continue to be in a position of not seeing the whole picture of activities and events. Though many of us have at times had very accurate information, we have had zero control over the events in real time in Iraq. The dynamics at play there have a life of their own. I do hope this message finds you keeping your eyes on what is important and let this change in value come at its own timing. Even though I do believe we remain ever close, it will happen when it happens.  [post 3 of 3]

12-30-2013 Intel Guru ScottiG

12-30-2013   Intel Guru ScottiG    Re-affirmed with this information, was the statement that the Qui cards will be accepted internationally on the 1st of January. I was also informed that on 1 January the tariffs will be valued at $3.44 p/dinar. I would not be surprised if Maliki who is suppose to have received his severance will step down on the 1st as well. Now mind you I have received similar information in the past but the timing and dynamics are all different. The gun ships (choppers) have or are being delivered. 

12-30-2013 Intel Guru ScottiG

12-30-2013   Intel Guru ScottiG   The trillion in bonds (not the same bonds referred to in the article that came out a few days ago.) were indeed sold and placed with those who will be placing them on the public market. I was advised that they were sold to these entities for $3.71 p/dinar value.   I do not know at which rate they will hit the market. They could go at any time but again I am advised that due to the incredible interest in the market for them, they are waiting until the Markets will open up (probably in the east)

12-30-2013 Intel/Newshound Guru Poppy3

 12-30-2013   Intel/Newshound Guru Poppy3    WELL WE WILL SOON SEE VERY CLEARLY WHETHER THEY WERE ALL JUST TALK OR...THAT THE UN AND USA LEADERSHIP HAVE THE BACKBONE TO ENFORCE?  TIME WILL TELL IF THE BANKING LAWS AND IF THE BUDGET IS TRULY READY TO BE IMPLEMENTED.THESE ARE THE DAYS OF OUR LIVES.  LOL, LOL  HOW WONDERFUL TO BE ENCOURAGED.  I AM AND HOPE YOU ARE.  [post 2 of 2]

12-30-2013 Intel/Newshound Guru Poppy3

12-30-2013   Intel/Newshound Guru Poppy3    Today is a step closer to the 29th that was the original stated date for the bond sales to be implemented...disregarding the confusing articles being put out the last couple days saying they have been postponed again.  I am standing on what the IMF stated IRAQ has agreed to just like the date for the tariff laws to start being implemented on JAN 2 and somewhere in all this they are supposed to become full members of the WTO not to forget that back in June when they where released from chapter 7 and all the rumors where that the UN AND USA WOULD HAVE NEVER RELEASED THEM WITHOUT DEFINITE DEADLINES FOR COMPLETION OR BEING PLACED BACK UNDER SANCTIONS.  [post 1 of 2....stay tuned]

12-30-2013 Newshound Guru Millionda

 12-30-2013   Newshound Guru Millionday   Article quote:   "Iraq other in improving the payments system and the adoption of modern systems in a number of ministries after it adopted this system and has trained a number of employees on e-governance as well as the central bank began this step in order to improve the payments system."   now this is great  the expansion of economic advancement in all areas...the budget money will be sent through and is set up already by CBI -- it will all be electronic as we have here and also sent from accounts for all government electronically...all fees -- tariff--- customs -- contracts -- licenses -- etc.  this is e-governance,  huge advancement.

12-30-2013 Newshound Guru Kaperoni

 12-30-2013   Newshound Guru Kaperoni   1166 is not the official rate. That is the CBI rate.  Again, we know this because the IMF docs refer to the official rate, and the auctions themselves refer to the official rate as 1179. As well, this can be confirmed by the statements earlier this year when the IMF referenced the laps in monetary policy in which it went as high as 9%. This only makes sense looking back at the auctions in March - May 1179/ 1290.

12-30-2013 Newshound Guru Millionday

12-30-2013 Newshound Guru Millionday [See possible “to do list” in the DinarGuru resource bar on the left….#1]…the tariff itself does not require a rate -- but the trade will and we have read it is jan 2nd -- for all but food and necessities so the citizens dont have prices raise… i cant believe how close we are to the beginning of the year…[With the tariffs... We know for certain that they have to have the new rate and be international for all of that to work?] the tariff is a tax on imports -- it is done by percentages and only for imports --- …they have decided that food and any products that will raise the prices for the poor to live will not be applied right now [But they do need the new rate and to be international though right?] they will need to have a reality rate so they dont go broke buying and trading

12-30-13 Intel Guru BGG

 12-30-13 Intel Guru BGG  Here's an interesting thing - There were no currency auctions for 2 days.  There was an auction on Monday and the next one was today (Thursday).  It's not that they just didn't publish them, they are in sequential order.  The one on Monday was #2561 and today (Thursday) was #2562.  I've got a suspicion that the stage was being set for something to happen and they delayed something for a couple more days.  Just a suspicion, can't prove that.  It's just very strange.

12-30-2013 Newshound Guru Tlar

12-30-2013   Newshound Guru Tlar    The WTO needs a tradable currency with more purchasing power in order to be a member, and has stated this to Iraq.  The tariffs needs a currency with greater purchasing power or it is inflationary.  The budget configured at 1.16 is fact as told to us by the guys who figured the budget, the FC.  The leak from the...FC member told us that the CBI's plan is to delete the zeros and release the smalls in---January.  Other articles have said the same thing earlier pointing to ---January as the right time   They change to donor status in ---January.  They claim economy will start to take off in January 2014.  January is the start of a calendar year.  January looks to be a very exciting month indeed.   [post 3 of 3]

12-30-2013 Newshound Guru Tlar

12-30-2013 Newshound Guru Tlar  Think, if the BIS who has requirements as does any organization in order to be allowed in has decided to take Iraq in as number 61 of central banks, that must mean something very important is about to happen.  Why does the BIS state starting in January instead of now?  Something certainly looks to me like everything is coming to a head in January.  If the plan is truly not to have an international currency in January, doesn't everything above look like they are jumping the gun a little.   [post 2 of 3....stay tuned]

12-30-2013 Newshound Guru Tlar

12-30-2013 Newshound Guru Tlar  "The Central Bank has notice from the Bank for international settlements in Basel to accept deposits of Iraq"    This is good news indeed.  It follows closely by date with other good news all starting in early days of January.  The tariffs, the WTO meeting, the new budget at 1.16 per us dollar, the leak by the member of the FC of the CBI's plans to delete the zeros and release the smalls, the change to donor status, the statements implying the economy is about to take off in 2014, and now a press release that BIS is accepting  the Iraqi dinar.   [post 1 of 3....stay tuned]

12-30-2013 Newshound Guru Kaperoni

12-30-2013 Newshound Guru Kaperoni   Article:  "The Finance Committee excluded the three zeros deleted project over the next two years"  One thing is for sure, monetary reform will not wait 2 more years.  [Weren't we saying the same thing about monetary reform two years ago?  Another year has blown by and nothing.  If they can wait, then we're making false assumptions about any "evidence" that says they can't wait.]  A lot has changed in a few years.  They now have economic plans in force, agreements for investment, foreign banks in Iraq, etc. etc.  This is a completely different situation than 2011.

International economic expert: restructuring the currency does not offer nor delay the project to delete the zeros and provides a service to the Iraqi currency

Economic Committee: Iraq has great balance and no need for 

international loans

Bank for International Settlements shows more willingness to accept deposits from Iraq

12-26-2013 Intel Guru TD

12-26-2013   Intel Guru TD     Let's keep in mind also that during Saddam's time the IQD WAS AN ARTIFICIAL RATE propped up and not recognized by the world community at those rates. They know this and therefore it won't happen again since this time Iraq will enter world trading markets.   [post 2 of 2]

12-26-2013   Intel Guru TD    Market forces always react to stability/instability news. Just before Christmas Iraq  announced possible delays in Bond sales, yes, due to current instability.  The point here being any expected change in the IQD will be modest & gradual as dictated by it's current stability & world market forces. There will be no overnight wealth to achieve. They need to do it right since there's so much at stake, their economy could collapse at artificial, propped up high rates.   [post 1 of 2....stay tuned]

12-26-2013 Intel Guru BWM

12-26-2013   Intel Guru BWM    [Is January a window at all? Or does the window stretch further than that?]  I’m not saying that the opportunity isn’t there for it to happen…[Think in the first quarter?]    I would say if not by then… you might as well put it away for quite some time.  Now things could change but information AT THIS TIME is saying that.  So, tomorrow we’ll take a look and see where things are and how far out to start looking again.  

12-26-2013 Intel/Newshound Guru Poppy3

 12-26-2013   Intel/Newshound Guru Poppy3    [What about that unconfirmed news about the Dong...?]  I AM STILL RELYING ON THE ORIGINAL INFO ON THE DONG THAT IT WILL NOT RV TILL 14 TO 18 MONTHS POST DINAR RV. THAT CAME DIRECT FROM THEIR MINISTER OF FINANCE AND NOT SOME BANKER. AS FAR AS I NOW HE HASN'T CHANGED HIS MIND.   [post 2 of 2]

12-26-2013 Intel/Newshound Guru Poppy3

12-26-2013   Intel/Newshound Guru Poppy3   THE DINAR RUMORS ARE SOUNDING VERY GOOD.   I AM HEARING LOTS OF GOOD STUFF BUT AT THIS TIME IT IS...NOT CONFIRMED TO BE NEWS.   [Did they get their budget solved?]   HAVEN'T HEARD THE LATEST FROM THEIR FINAL MEETING BUT THE RUMORS SOUND LIKE THEY HAVE SETTLED SOME OF THE NEEDS ANYWAY.   [post 1 of 2....stay tuned]

12-26-2013 Newshound Guru Millionday

12-26-2013   Newshound Guru Millionday    the best news i think up until now that we have seen is the release of Iraq from chapter 7 and now i have the next one that i believe to be the next news that i have seen in this category.  i found something extremely important and i am going to share it again..."Iraq is an internationally accepted central bank!!!"   they are going to make us have a very happy day when their currency is internationally recognized --  no one knows the date of the activation of the reality rate... [See possible Major "to do's" before RV in the Dinar Guru Resource bar on the left...# 5 and #10]

12-26-2013 Intel Guru BWM

12-26-2013   Intel Guru BWM     [What were the events that you were talking about?]   the first an arrangement, deal was done…expected that to be completed sometime this weekend/next week...things already in place and such…just a “where will the money go” kinda agreement.  [Well, there goes the “it has to happen before Christmas to boost the economy” theory!]   that was never a viable theory.   [What is the earliest in your opinion?]  was just told not to look by Christmas…after that will reevaluate.   [post 2 of 2]

12-26-2013 Intel Guru BWM

12-26-2013   Intel Guru BWM    [Any info on whether event #2 that you spoke of a couple weeks ago happened?]   it is in play at this time…that is why I was told not to expect before Christmas…we’ll see what happens from the weekend on with information.  [is this the last event?]   yes…but this is the one that could drag this out if not concluded quickly.   [See BWM's posts 12-10-13, 12-13-13 & 12-15-13]     [post 1 of 2....stay tuned]

12-26-2013 Intel Guru Dinar Wishes

12-26-2013   Intel Guru Dinar Wishes   OK PRETTY OR NOT HERE IT COMES!!!   I HAVE BEEN TOLD BY MY CONTACTS WE WILL NOT SEE THIS HAPPEN TILL AFTER THE END OF THE YEAR… there are some great things happening everyday to move forward… It wasn’t created in 1 month, and it wont be completed that fast either… When its time it will be time…I dont make bad news… Its intel and they havent been wrong yet.

12-26-2013 Newshound Guru Millionday

12-26-2013   Newshound Guru Millionday    this means that international trade will begin the second day of the new year -- imports and exports.  the only way that will make sense is with the isx in place and the reforms activated and also the economic and monetary reality for the country.  ...when it is printed -- it is law and has to be upheld because it is federal law and it would be against international law for the country...printed in the gazzette is a huge difference than talk...it is action.   [post 2 of 2] [See possible Major "to do's" before RV in the Dinar Guru Resource bar on the left...#10]

12-26-2013 Newshound Guru Millionday

12-26-2013   Newshound Guru Millionday   Article:   "General Secretariat of the Council of Ministers decided that the council minutes regular second session held on 17.12.2013 approving the application of the customs tariff law No. 22 of 2010, according to schedules set by law, published in the Gazette of the Iraqi Issue (4170) on 6/12/2010 Starting Date 02/01/2014."   so the tariff has been printed in the gazette and ...the date that they will begin being applied will be the january 2, 2014.  [post 1 of 2....stay tuned]

12-26-2013 Newshound/Intel Guru Eagle1

12-26-2013   Newshound/Intel Guru Eagle1     I have repeatedly posed the following question (in view of the controversy over whether or not there would simply be a revalue of the IQD with a global revalue of other currencies to follow at some later date) to folks at the IMF, people within the current administration, and contacts who were part of the original planning for the GCR and served on the Council of Economic Advisers in both Bush Administrations.  The instant answer in each and every case has been a resounding, NO!    [post 3 of 3]

12-26-2013 Newshound/Intel Guru Eagle1

12-26-2013   Newshound/Intel Guru Eagle1     Whether we've just seen a "false flag" with regard to Iraq or the GCR is a matter for some discussion. All of the information leading up to yesterday indicated that the GCR would go "live" at 5:50 PM Eastern. Throughout the day we watched events unfold leading up to it. At the last minute, the process was halted and the delay was attributed (by some sources) as pushing it right up to Iraq's induction into the WTO. Whether there is any validity in that report is questionable.   [post 2 of 3....stay tuned]

12-26-2013 Newshound/Intel Guru Eagle1

12-26-2013   Newshound/Intel Guru Eagle1   Many of you will remember the "false flag" events that preceded Kuwait's revalue 20 years ago and China's revalue more recently. In each case, just prior to the revaluation of their currencies, notices were published which were designed to deflect any immediate attention to what was actually occurring. China made the statement that they weren't going to revalue their currency "at all" and 24 hours later did just that! With Kuwait, a notice was sent out by the Emir that they were postponing the revalue of their currency to some indefinite date. 24 hours later the Kuwaiti Dinar was revalued.  [post 1 of 3....stay tuned)