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View Full Version : "As the Dinar Turns"...tune in today...2-18-13



coopschick
02-19-2013, 09:17 AM
2-17-2013 OCrush It seems there will be a training session taking place in Turkey on a Multilateral trading system. The training will involve close to 100 iraqis (ministers, institutions, public officials from trade, education, finance and so on). This training is for 5 days in Turkey and it starts February 25 - March 1 The training will also guide them to what responsibilities they will have being full members of the wto. We believe just before the training starts, the wto will assend Iraq to full membership.

2-17-2013 Poppy3 I know from the State Department that they were anticipating that everything was to be taken care of by Wednesday of this week as far as Maliki is concerned, that he was to be stalemated or nullified as far as his power. If they are going there to finalize alleviating his power, than I'm excited. I'm very positive as to what I'm hearing, but I'm very cautious as to how I read it. With this dinar situation, I don't see anything that can delay it long term, everything is short term, everything can be decided and implemented short term.

2-17-2013 BGG There are significant meetings going on to discuss some kind of replacement for Maliki. Now when is that, I don't know what that will look like. I fully expect this noise about Maliki being replaced probably is real. What comes of it, that's another story. I alluded to the fact that I'm looking to hear some big news in the next several days, this is probably the start of that news. If Maliki is left in there as he is today, until there is a change in the power structure, there will be no change in the currency. Recently things are changing rapidly and that's just awsome news for us. There is some more good news coming up in the next 24 - 48 hours...earth shattering news...you can pretty much look for it. I can't guarantee what that news is, but it's going to be big. All of the news happenings is spectacular.

2-17-2013 Tlar Article: "Iraqi reveal a plot to assassinate its leader with rockets in Baghdad" Who would benefit from killing Allawi? By process of elimination we might be able to ferret out the culprit or party. It's not the US. It's not Barzini. Most likely it is not elements of Iraqiya. It is probably not Sadr because there would be nothing to be gained by it. I don't think it would be sponsored by any government like Jordan, Turkey, Syria, Qatar or Saudia Arabia. Hmmm, that leaves only 2 suspects that might have tried to kill Allawi. Maliki and the Dawa party or terrorists. I vote for the worst amongst these two choices - Maliki.

2-17-2013 LoriC Great news about the HCL today. It's looks like we're getting really close to seeing the amended HCL passed FINALLY!! Here's one of a few articles released today: "Political blocs agree on the Announced the decision of the Commission Deputy oil and energy/Kurdistan blocs Coalition/Kassim Mohamed Qassem, a positive political movement among the parliamentary blocs agreed to pass a draft oil and gas law legislation in the House of representatives."

2-17-2013 SteveI First of all, it is not over just quite yet but pretty darn close. Actually close enough to almost call it done and over like [Wife in the Know] said. I do strongly believe it will be very shortly, however a few more days seem to be looking better and better. I am hoping to share more late Sunday or Monday on the status of things that we are aware of that need to be completed yet. Now, I absolutely agree with her timing...spot on if you ask me...When I give my last advice, that will be one you can take to the bank. Is it possible to be nervous and excited at the same time?

2-17-2013 ****** CL [CHRISTINE LEGARDE] DID MAKE A SPEECH BUT SHE DID IT IN RUSSIA OF ALL PLACES BUT IT WAS NOT ABOUT THE ECONOMIC RECOVERY PLAN ACT. WITH THAT SAID, MY SOURCE TOLD ME THAT WE ARE STILL ON TARGET FOR TOMORROW AFTERNOON WITH EXCHANGE TUESDAY. THATS FROM EAST COAST CONTACT. SO THAT IS GOOD. SOURCE TWO CONFIRMS THAT, NOTHING NEG. [post 1 of 2....stay tuned]

2-17-2013 OCrush The Republic of Iraq will join the wto team in FULL This is exciting because...they need a tradeable currency to be full participants without special conditions being placed as full members. This way countries will do business with them without them worrying if they are going to get paid. This will also open the door for Iraq to place themselves into the IMF's article xiii, We also know the IMF's sa [Standby Agreement] ends Feb. 23. We have the Wto, IMF sa expiring, new Barzani initiative, history making budget...yes, it's ALL GOOD

2-18-2013 L. J. The events that are taking place are moving us progressively to a stablized government. That is the next step. There is no such thing as the budget having anything to do with the change in the value of the dinar. That's my belief. Barzani is working extremely hard to get a consensus among the political leaders in Iraq to move forward. Do I think they will get it done before the 28th? No, they have a hard time meeting deadlines. There have been discussions that have included Allawi taking over as President. Allawi has already said he can't take the office of the President, he can't represent the Presidency because he is of the Iraqi List. There is no such thing as a person from the Iraqi List getting the Presidency. But, they keep trying to figure it out.

2-17-2013 ****** I HAVE IT ON GOOD HANDS ITS WITHIN HOURS, DAYTIME HOURS LIKE TOMORROW AFTERNOON. I DONT THINK THEY ARE GOING TO MAKE A LOT OF FAN FAIR ON THE DINAR OR THE DONG. TO BE HONEST IT WILL JUST SHOW UP. LETS SEE WHAT TOMORROW BRINGS.

2-18-2013 L. J. John Kerry is sending a delegation of 6 people to the Kurdistan Region to try to figure this out. That is to happen next week. I don't look for anything with the budget or anything being done before these guys get there. But, it's not about the budget, it's really about the meetings that are taking place there. The laws are already on the books. They have no President to sign them, so they can't be ratified. They have to make a decision if Talabani can't continue with his duties, they have to switch him out with someone from the Kurdistan region and get that done really quickly. They are working diligently to find a solutions the problem.

2-18-2013 SteveI Until Maliki goes do not expect much. Things are getting worse faster than they are getting better. Sad to say but true. Now the United States military has to step in? What does that tell you? I heard about the bombing this morning and now read that Maliki is behind it. I am still waiting to hear from my contacts. I was told tomorrow is the budget day and it was delayed due to the bombings. I am still being told despite the problems, this week is our week. Let it play out and great things are about to happen.

2-18-2013 Blaino just heard from the BANK...Rates are "jumping" all around...As they were on saturday...Vnd too, as high as $3+ as low as $.02.... Iqd same thing, but not so much fluctuation...That's all for now, back later when there is confirmed information, as this is!

2-18-2013 Tlar Article: "To each pen Sial and equitable right d. Shabibi" I'm not sure who wrote this but he is on the right side of history and has a unique understanding of the situation. He calls a spade a spade. I don't see Shabibi returning but he was and is still a great influence on the CBI and his nation. In future history textbooks, the post dark ages of Maliki, he [Shabibi] will be remembered as one of the founding fathers of the new and prosperous Iraq, instrumental in building the foundation of the new economy. Maliki will be remebered for wasting 10 years and causing undue hardships on his people to get personal wealth and power. I hope both men receive their just reserves.

2-18-2013 Blaino there is some stuff thru the night from the "architect"...We need to let the clock tick a little...Tomorrow could be the best time for 'our eyes to see' this thing in a public WAY...Some circles initially thought they may be blessed before the masses, this will not be done, the ladle dips only one time for each to DRINK. so, the second DIP...Or "double dip" is not too likely. so, take a sip of hopium, and pass the bottle on!

2-18-2013 OCrush The new employee contracts for the oil minister have been completed. They are attached to the 2013 budget. Once the final version of the budget is approved the contracts for them will be activated. Nujaifi holds the key for the final version to be approved. You see parliament gave the okay on these contracts and Nujaifi gave it his blessing. Now, Nujaifi is waiting for the blocs (specifically National alliance) to approve the 17% of the oil proceeds to go to the Kurds.The budget quorum still remains open in parliament and once the kurds are satisfied Nujaifi will bring it to the floor for a vote and if all goes well he will give it his blessing. The Kurdish parliament also approved there budget but it still needs the blessing from there president to make it official. Negotiations are very active between them (open letters) and the un delegation are the mediators. As far as the surplus goes they inked a 25% deal of the oil proceeds for the kurdish provinces. The Barzani Initiative, with the help of the US, will change the political landscape and they will truly have a democracy that follow the laws of there constitution.

2-18-2013 ****** I GOT YESTERDAY THAT THIS MAY PUSH OUT A FEW DAYS FROM ONE SOURCE, THIS SOURCE IS A GOOD ONE...BUT DON'T FRET ITS COMING. NOW THE OTHER SOURCE IS TELLING ME AT ANY MOMENT AND HE IS IN THE KNOW, SO I GUESS WE WAIT AND TRY TO SEE HOW THIS PANS OUT. I HEAR THAT THE RATE IS FLUXUATING ACCORDING TO SOME, NOT SO BY OTHERS. I'M HEARING THE 22 AND THEN THE 25. I'M HEARING NOTHING HAS CHANGED AND TONIGHT THINGS ARE TO MOVE, FROM MAIN SOURCE. NOW I DID HEAR THIS, FOREX SITE WENT BLANK FOR ABOUT 10 MIN TODAY. CL [CHRISTINE LEGARDE] WENT TO RUSSIA AND NOTHING WAS DONE.

2-18-2013 Tlar Article: "CBI reveals issuing currency class 100 thousand dinars soon 02/12/2013 Palm - central bank adviser said the Iraqi "appearance of Mohammed Saleh" that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars." This article is bogus. To print a 100,000 note and not print the smaller denominations make no sense. They have been pulling the 3 zero notes out of circulation since April of 2011. This would mean that the denominations would be 100,000, 1000, 250' 100'. It doesn't even work on paper unless they re-release the 3 zero notes, the 5000, 10000, and 25000. Kap [Kaperoni] you are spot on, IMO. The article is screwy and deceptive. Hmmm. Deceptive, as it certainly would "discourage" some one looking to invest in the currency.