coopschick
01-10-2013, 11:07 AM
1-9-2013 Adam Montana There has been talk for some time now that Kurdistan would simply love to split apart from Iraq, and the thought is that they will do this if Iraq is not going to step up and increase the value of the currency. They feel like "Why should we wait around for these people to get it together when we can just secede, form our own country, and our own CURRENCY, and move forward?" This is not the BEST case scenario, and both Kurdistan and Baghdad is well aware of this - the BEST CASE SCENARIO is for Iraq AND the Kurdish region to move forward together, raise the value, raise the power, and succeed. Kurdistan just recently played what may be a "Power Card" - they've begun working outside of the GOI and doing business on their own. There have been oil sales and deals struck which completely excluded the GOI - any time oil is sold from any regioin in Iraq, a portion of that money is supposed to come to the Central Bank. Kurdistan is apparently disregarding that fact. This is different than the normal "huffing and puffing" - this is a serious play. This means that if they want to move forward, they are going to get SERIOUS about resolving the HCL... and if you've been following the Dinar for long, you know that the HCL is a major key to the future rise in the value of the Dinar.
1-9-2013 Okie_Oil_Man I AM RECEIVING POSITIVE INTEL AND SOME THAT ARE NOT AS OPTIMISTIC. THIS WAITING GAME IS NEARLY REACHED A BREAKING POINT IN MY ESTIMATION. WE ARE STILL CONFIDENT IN THE FINAL OUTCOME AND SUCCESS OF OUR INVESTMENT BUT NEED TO ALWAY'S REMEMBER THAT AS WE APPROACH THE FINISH LINE SOMETHING ALWAY'S SEEM'S TO INTERVENE. PRAY THIS TIME THAT ALL THE SO CALLED OBSTACLE'S HAS BEEN REMOVED AND ACTION FINALLY OCCUR'S. IT'S HARD TO KEEP THE FAITH WHEN PROMISES AND PROJECTIONS HAVE NEVER BEEN MET TO DATE BUT SOMEHOW THERE ARE A FEELING IN THE AIR THAT JUST PERHAP'S THIS TIME THIS WILL OCCUR--ONE THING ABOUT IT--WE DON'T HAVE LONG TO WAIT TO SEE IF IT IS REAL THIS TIME OR JUST MEMOREX. KEEP THE FAITH--WE ARE SUPPOSED TO BE REWARDED SOON.
1-9-2013 Flashing 0000000 bad news, everything is excellent...the fat lady is her way to the stage. imo, january is our month and still confident about jan 15...we still in an anytime alert. if u r following ch 7 meetings news today they are on line with our previous comments...they will be removed from ch 7...this means that the rv is upon us... imo, it cannot go into february. facts are solid...it could be tonight or any day between midnight and 4 am.
1-9-2013 Tlar Nothing said yesterday in Iraq can be counted on happening today. Plans change before the concrete dries. Shabibi's plan - Shabibi's gone. Shabibi also said do it first of the year. Did not happen. Earlier Shabibi said $1.00. Did not happen. We will just have to wait to see. Nassar said .25 per buck. Studies said $1.13 and recently they said they were going to 1000 to 1. Did not happen. We still have no facts and why should we? If you were in charge and going to raise the value of your currency would you ever reveal when or by how much? Oh, it's coming alright, but the two questions that we have all asked from the very first time we invested, how much and when, are yet to be answered. That's why I don't get too excited either way. It is only a fool who thinks he has solved this puzzle. RV, float or whatever. We have corrupt individuals running the show so there is absolutely no way to make any sense out of what's going on at this point. Look at this as a good book you are unable/unwilling to put down. We all understand the plot and probably the outcome but the story is yet to unfold as to how or when we will get there. Relax if you can. Be amused by the story. Watch the players for they are all just bit players in a B movie. Enjoy the entertainment. You've already bought the ticket. It will come when it comes and when it does, it will usher in a reward for your having been a part of it.
1-9-2013 SteveI and Ray We finally have some very positive and great information to share with you all today. Contrary to what has been said elsewhere, the 2013 Budget has not been approved yet. They have not been able to get enough members at times to vote and yesterday they had fist fights in Parliament. They are scheduled to vote on it Thursday though. Everything in the budget has been agreed on and all they need now is just a lifting of hands. Many government agencies are screaming for them to hurry up because they need funding. The 2012 Budget has been closed leaving them without any money to operate. I feel this is huge and...it has been reported in many news articles.Another item, that was in a local paper this morning, was that Maliki received a letter from Ban Ki-Moon stating that the United Nations Security Council had approved the lifting of Chapter VII sanctions and that he, Moon, had signed off on it too. He was also informed that a formal United Nations meeting was going to be held later this month just for Iraq and the formal announcement would be made then. By the way, Maliki is not going anywhere anytime soon. Our contacts in Iraq feel that the elections will resolve the problem. Furthermore, if he goes this could delay the revaluation which the country just can not afford to do. Folks, we are so close, so let's pray for the leaders of Iraq to put the citizens of their country first for a change and move Iraq forwards not backwards. We feel this ride is just about over now. After the budget approval, there will be no reason not to RV soon. The various government departments need operating monies (and they need it now) and we all know the budget was figured using the new dinar. We will report more as it gets to us. Let’s all pray that Parliament does vote tonight and not fight. There is a lot of great articles out there so just sit tight and hang on a bit longer.
1-9-2013 ****** Thursday is what im being told. However china tried to push it today...they are trying for 2 am est time tonight. I dont know if they will be successful. Let's not rush into anything. Let's just take this slow but this is really looking great with all thats going on right now.
1-9-2013 SWFloridaGuy Article: "Economic Committee: "The economic and investment committee to install Turki governor to manage the central bank to the attributes of the experience financial and personal internationally acceptable which will be good and positive for the financial situation in the country." This is an article from tomorrow their time and comes straight from the CBI, not an anonymous source. I need to look at this at some more depth but my initial reaction is that the CBI has decided to make the currency international and bring the value somewhere on par with other countries who have similar robust economies and a bright financial outlook. I haven't done my due diligence yet but my initial reaction to this is very positive...maybe this was what was needed for us to move forward. Another interesting development from an article dated tomorrow is that nine points the kurds demanded to move forward with the Erbil agreement/article 140 are back on the table finally. This Sunday the Ministry is sending a delegation to Baghdad to hold negotiations with the federal government to end the dispute and reach a "final agreement." Couple this with the CBI saying they are going international and I'd say we are looking very good indeed. Next week for a RV? There's nothing that will every point to a specific time-frame but I see no reason it can't happen in the short-term due to recent developments.
1-9-2013 Flashing Iraq itself does not have much to do with the DECISION that needs to be made on Chapter 7. They have done everything they need to do, they are 100% compliant and there is nothing to legally prevent them from being released unconditionally from Chapter 7 IMMEDIATELY...removal from ch 7 = rv within the same month...we are in an excellent position.
1-9-2013 BGG Article: "Urgent .. Parliament begins its meeting to vote on the mandate of the Prime Minister and the Federal Court Act" This is big, big, BIG news. I doubt they got to, or even will get to this immediately. However, the simple fact that they are approaching this subject with such resolve is a spectacular indicator!!
1-10-2013 Adam Montana [Will the dinar to dollar exchange rate need to be better (ie: 1 to 1) in order for the country to do more effective and easier business transactions, or does this even matter?] I don't think it needs to be "better", but an even 1:1 exchange rate would be so simple ANYONE can do the math - this is one of the things that tempts me to wonder if they will come out that high and then LOCK the rate until they recapture all the old (current) IQD. But to answer your question, no - it doesn't "NEED" to be any rate. They could just keep raising it 3, 5,17,135, or any number of pips they want until it finally reaches a final rate. My bottom line on the rate is this: I think the most likely case scenario is that we get an announcement at ten cents, and it is floating. We are given 90 days to cash in, and over the course of those 90 days the value could go up to as much as 30-50 cents... after that we are using new Iraqi Currency (which I will of course reinvest in) and over the next 5-7 years that will likely double as the Iraqi Dinar makes it's way to 1:1.
1-10-2013 SWFloridaGuy If you look at what the CBI has been saying, the plan has been to bring the IQD somewhere on par with the USD. Delete the zeros in itself does not refer to revaluation and is not what we are hoping for. Delete the zeros does not specify how they will achieve that level and points to a RD. If they are going to change the peg to a PEP, broad based commodity, float, move forward with a historic revaluation (Romania former record holder at around 40%) etc., is of course 100% classified. The CBI will NEVER delve into specifics and for good reason. If I were the CBI and I was gearing up for a significant move (especially with all the hype surrounding the IQD), I certainly wouldn't be advertising anything. In fact, I would put out a huge disinformation campaign to discourage speculators. I am very optimistic about what the future holds as is the IMF, World Bank Report, Oil Report and countless independent studies that show Iraq has many options other than a straight RD.
1-10-2013 ****** ITS NOT IRAQ THAT IS IN CONTROL. ITS THE UST AND THE IMF. EVERYTHING IS SIGNED OFF IN IRAQ. CHINA IS PUSHING HARD, SOME SAYING THURSDAY AND AT THE FAR END THE 20TH.
1-9-2013 Okie_Oil_Man I AM RECEIVING POSITIVE INTEL AND SOME THAT ARE NOT AS OPTIMISTIC. THIS WAITING GAME IS NEARLY REACHED A BREAKING POINT IN MY ESTIMATION. WE ARE STILL CONFIDENT IN THE FINAL OUTCOME AND SUCCESS OF OUR INVESTMENT BUT NEED TO ALWAY'S REMEMBER THAT AS WE APPROACH THE FINISH LINE SOMETHING ALWAY'S SEEM'S TO INTERVENE. PRAY THIS TIME THAT ALL THE SO CALLED OBSTACLE'S HAS BEEN REMOVED AND ACTION FINALLY OCCUR'S. IT'S HARD TO KEEP THE FAITH WHEN PROMISES AND PROJECTIONS HAVE NEVER BEEN MET TO DATE BUT SOMEHOW THERE ARE A FEELING IN THE AIR THAT JUST PERHAP'S THIS TIME THIS WILL OCCUR--ONE THING ABOUT IT--WE DON'T HAVE LONG TO WAIT TO SEE IF IT IS REAL THIS TIME OR JUST MEMOREX. KEEP THE FAITH--WE ARE SUPPOSED TO BE REWARDED SOON.
1-9-2013 Flashing 0000000 bad news, everything is excellent...the fat lady is her way to the stage. imo, january is our month and still confident about jan 15...we still in an anytime alert. if u r following ch 7 meetings news today they are on line with our previous comments...they will be removed from ch 7...this means that the rv is upon us... imo, it cannot go into february. facts are solid...it could be tonight or any day between midnight and 4 am.
1-9-2013 Tlar Nothing said yesterday in Iraq can be counted on happening today. Plans change before the concrete dries. Shabibi's plan - Shabibi's gone. Shabibi also said do it first of the year. Did not happen. Earlier Shabibi said $1.00. Did not happen. We will just have to wait to see. Nassar said .25 per buck. Studies said $1.13 and recently they said they were going to 1000 to 1. Did not happen. We still have no facts and why should we? If you were in charge and going to raise the value of your currency would you ever reveal when or by how much? Oh, it's coming alright, but the two questions that we have all asked from the very first time we invested, how much and when, are yet to be answered. That's why I don't get too excited either way. It is only a fool who thinks he has solved this puzzle. RV, float or whatever. We have corrupt individuals running the show so there is absolutely no way to make any sense out of what's going on at this point. Look at this as a good book you are unable/unwilling to put down. We all understand the plot and probably the outcome but the story is yet to unfold as to how or when we will get there. Relax if you can. Be amused by the story. Watch the players for they are all just bit players in a B movie. Enjoy the entertainment. You've already bought the ticket. It will come when it comes and when it does, it will usher in a reward for your having been a part of it.
1-9-2013 SteveI and Ray We finally have some very positive and great information to share with you all today. Contrary to what has been said elsewhere, the 2013 Budget has not been approved yet. They have not been able to get enough members at times to vote and yesterday they had fist fights in Parliament. They are scheduled to vote on it Thursday though. Everything in the budget has been agreed on and all they need now is just a lifting of hands. Many government agencies are screaming for them to hurry up because they need funding. The 2012 Budget has been closed leaving them without any money to operate. I feel this is huge and...it has been reported in many news articles.Another item, that was in a local paper this morning, was that Maliki received a letter from Ban Ki-Moon stating that the United Nations Security Council had approved the lifting of Chapter VII sanctions and that he, Moon, had signed off on it too. He was also informed that a formal United Nations meeting was going to be held later this month just for Iraq and the formal announcement would be made then. By the way, Maliki is not going anywhere anytime soon. Our contacts in Iraq feel that the elections will resolve the problem. Furthermore, if he goes this could delay the revaluation which the country just can not afford to do. Folks, we are so close, so let's pray for the leaders of Iraq to put the citizens of their country first for a change and move Iraq forwards not backwards. We feel this ride is just about over now. After the budget approval, there will be no reason not to RV soon. The various government departments need operating monies (and they need it now) and we all know the budget was figured using the new dinar. We will report more as it gets to us. Let’s all pray that Parliament does vote tonight and not fight. There is a lot of great articles out there so just sit tight and hang on a bit longer.
1-9-2013 ****** Thursday is what im being told. However china tried to push it today...they are trying for 2 am est time tonight. I dont know if they will be successful. Let's not rush into anything. Let's just take this slow but this is really looking great with all thats going on right now.
1-9-2013 SWFloridaGuy Article: "Economic Committee: "The economic and investment committee to install Turki governor to manage the central bank to the attributes of the experience financial and personal internationally acceptable which will be good and positive for the financial situation in the country." This is an article from tomorrow their time and comes straight from the CBI, not an anonymous source. I need to look at this at some more depth but my initial reaction is that the CBI has decided to make the currency international and bring the value somewhere on par with other countries who have similar robust economies and a bright financial outlook. I haven't done my due diligence yet but my initial reaction to this is very positive...maybe this was what was needed for us to move forward. Another interesting development from an article dated tomorrow is that nine points the kurds demanded to move forward with the Erbil agreement/article 140 are back on the table finally. This Sunday the Ministry is sending a delegation to Baghdad to hold negotiations with the federal government to end the dispute and reach a "final agreement." Couple this with the CBI saying they are going international and I'd say we are looking very good indeed. Next week for a RV? There's nothing that will every point to a specific time-frame but I see no reason it can't happen in the short-term due to recent developments.
1-9-2013 Flashing Iraq itself does not have much to do with the DECISION that needs to be made on Chapter 7. They have done everything they need to do, they are 100% compliant and there is nothing to legally prevent them from being released unconditionally from Chapter 7 IMMEDIATELY...removal from ch 7 = rv within the same month...we are in an excellent position.
1-9-2013 BGG Article: "Urgent .. Parliament begins its meeting to vote on the mandate of the Prime Minister and the Federal Court Act" This is big, big, BIG news. I doubt they got to, or even will get to this immediately. However, the simple fact that they are approaching this subject with such resolve is a spectacular indicator!!
1-10-2013 Adam Montana [Will the dinar to dollar exchange rate need to be better (ie: 1 to 1) in order for the country to do more effective and easier business transactions, or does this even matter?] I don't think it needs to be "better", but an even 1:1 exchange rate would be so simple ANYONE can do the math - this is one of the things that tempts me to wonder if they will come out that high and then LOCK the rate until they recapture all the old (current) IQD. But to answer your question, no - it doesn't "NEED" to be any rate. They could just keep raising it 3, 5,17,135, or any number of pips they want until it finally reaches a final rate. My bottom line on the rate is this: I think the most likely case scenario is that we get an announcement at ten cents, and it is floating. We are given 90 days to cash in, and over the course of those 90 days the value could go up to as much as 30-50 cents... after that we are using new Iraqi Currency (which I will of course reinvest in) and over the next 5-7 years that will likely double as the Iraqi Dinar makes it's way to 1:1.
1-10-2013 SWFloridaGuy If you look at what the CBI has been saying, the plan has been to bring the IQD somewhere on par with the USD. Delete the zeros in itself does not refer to revaluation and is not what we are hoping for. Delete the zeros does not specify how they will achieve that level and points to a RD. If they are going to change the peg to a PEP, broad based commodity, float, move forward with a historic revaluation (Romania former record holder at around 40%) etc., is of course 100% classified. The CBI will NEVER delve into specifics and for good reason. If I were the CBI and I was gearing up for a significant move (especially with all the hype surrounding the IQD), I certainly wouldn't be advertising anything. In fact, I would put out a huge disinformation campaign to discourage speculators. I am very optimistic about what the future holds as is the IMF, World Bank Report, Oil Report and countless independent studies that show Iraq has many options other than a straight RD.
1-10-2013 ****** ITS NOT IRAQ THAT IS IN CONTROL. ITS THE UST AND THE IMF. EVERYTHING IS SIGNED OFF IN IRAQ. CHINA IS PUSHING HARD, SOME SAYING THURSDAY AND AT THE FAR END THE 20TH.