Dinar RV Showdown – US RV Players Dragging their Feet for More RV Profits

Omega2Omega, Okie Oil Man, TNT Tony, etc…
Tue, Jan 7, 2014
Subject: Dinar RV Battle 
www.MorningLiberty.com 

stage2omega

Three Indicted for $23m Dinar Fraud Posted on 01 January 2014. Tags: Corruption, dinar, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation Pages: 1 2 A federal grand indicted three men from the Toledo area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two non-existent hedge funds, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, and Kathy Enstrom, Special Agent in Charge, IRS-Criminal Investigation, Cincinnati field office. Those indicted are: Bradford L. Huebner, 66, of Ottawa Hills, Ohio; Charles N. Emmenecker, 66, of Sylvania, Ohio, and Michael L. Teadt, 67, of Maumee, Ohio. Rudolph M. Coenen, age 47, of Jacksonville, Florida, has already pleaded guilty to crimes related to his role in the conspiracy. The men are charged with conspiracy to commit wire fraud and wire fraud. Huebner is also charged with multiple counts of money
 laundering, structuring and willful failure to file currency and transaction reports. As a result of the defendants’ conduct, investors lost about $23.8 million from dinar sales and more than $700,000 from the sale of non-existent hedge fund “seats” and “placements,” according to the indictment. “These defendants made false statements time and again to convince people to part with their savings and hard-earned cash,” Dettelbach said. “The fact that they falsely claimed one member of the conspiracy was wounded while fighting in Iraq is particularly egregious.” “Illegal activity involving the investment industry has brought financial ruin to many Americans,” Enstrom said. “IRS Criminal Investigation is committed to unraveling complex investment schemes to ensure that the promoters of these schemes do not use the financial-services industry for personal gain.” 
  
Frank26……01-05-2014
by Frank26 » January 6th, 2014, 11:51 am  •  [Post 216]
walkongstick wrote on January 6th, 2014, 10:39 am:More than 70 trillion dinars advances to employees and the decline in the economy of Iraq

Baghdad / Iraq News Network: detecting the Union of Entrepreneurs of Iraq, said on Sunday that about 600 projects across the country worth 220 trillion dinars not yet been implemented, causing a decline in production and a breach of the Iraqi economy, attributing the cause to the failure to apply the law of financial management and public debt , in addition to granting the government banks in advance of the staff of more than 70 trillion Iraqi dinars, said Vice President of the Federation Tariq Saleh said that "non-application of the law of financial management and public debt, caused a drop in economic development in Iraq through the reluctance of projects and waste of public money," Saleh added, that "non-application of the law has contributed to the decline in production and delay the implementation of projects, as there are more than 600 projects valued at $ 220 trillion dinars not yet been implemented, as well as the granting of government banks in
 advance of the staff of more than 70 trillion dinars are not settled also because of the lack of application of the law financial management, public debt, "Saleh pointed out that" the importance of the application of the law lies in linking federal budget development plans and expedite the provision of final accounts, in addition to the imposition of censorship on the projects that are approved and the application of provisions of the constitution in relation to the distribution of income and resources, to be done by experts and specialists in this field, "Saleh indicated that" there is a lack clear will to change, what makes the country's economic problems such as poverty, housing, unemployment diverge more, without putting an end to it, "and Law No. 94, 2004 for the purpose of improving the conditions of life and provide work opportunities and reduce of unemployment and the associated harm to public security, as well as support the financing of the
 government and strengthen the confidence the economic structure of the Aracoma still crises going on in the economic sector, especially since the industrial and agricultural sectors have witnessed a significant deterioration in the whole country, which is still economy depends on oil, mainly so that the form in the preparation of budget equivalent to the 96% of them.

1-6-2014 Intel/Newshound Guru Poppy3 SO FAR NO ONE HAS DONE ANYTHING EXCEPT TALK ABOUT WHAT ACTIONS THEY CAN TAKE.   NOTHING ABOUT WHEN OR IF THEY WILL.  …WATCH THE REAL NEWS WHICH WILL BE ACTIONS TAKEN BY SEVERAL DIFFERENT AGENCIES.   [post 2 of 2]

1-6-2014   Intel/Newshound Guru Poppy3    INTEREST TODAY FOR ME IS WHAT HAPPENS IN THE NEXT 24 TO 72 HOURS WITH THE BONDS AND WITH THE ISX GOING INTERNATIONAL.   WILL THEY OR WON'T THEY FOLLOW THROUGH WITH ACTION ON WHAT THEY HAVE SAID OR WILL THE IMF AND UNITED NATIONS HAVE THE GUTS TO STEP IN AND DO WHAT THEY STATED LAST JUNE WHAT…THE PENALTIES WOULD BE IF IRAQ FAILED TO GET EVERYTHING DONE BY THEIR DEADLINE?   [post 1 of 2….stay tuned]

1-6-2014   Intel Guru Nova   If We Don't See It Tomorrow Then Thats It, No Deal Till After Elections? Tomorrow Is Do Or Die?

1-6-2014   Intel Guru Okie_Oil_Man   I HOPE TO MAKE A FINAL DEFINITIVE POST BY AT LEAST TOMORROW AND PROBABLY TONIGHT.

1-6-2014   Intel Guru TerryK   TONS OF NEW LAWS BEING PASSED IN IRAQ.  ARTICLE 140 WAS AGREED UPON AND WILL BE UNDER KURKISTAN RULE.   TOMORROW THE CBI WILL BE SELLING BONDS SINCE BEFORE WAR.   [are you feeling more positive for an RV in the next few days instead of taking out until March 2014?]  I AM.   I DID GET WORD THAT TOMORROW LOOKS LIKE WE MAY SEE SOMETHING.  [post 2 of 2]

1-6-2014   Intel Guru TerryK   A LOT HAPPENED THIS WEEKEND.  TARIFF LAW DID GO INTO PLACE JAN 2.  BUSINESS IS ACCEPTING DINAR AS DEPOSITS.   …NO AUCTIONS.  NEW SMART CARDS ARE BEING ISSUED.   IRAQ…GOV. EMPLOYEES ARE GOING TO GET A DOUBLE SALARY BUMP FOR NON PAYMENT THIS WEEK.    IRAQ NOW PART OF WTO OFFICIALLY.  BUT, THE ISSUE WITH WTO IS LIKE THIS: THEY WANT TO SEE THE VALUE OF THE DINAR TO BE AT LEAST THE VALUE OF THE USD.  THAT WOULD SUCK IF IT CAME OUT AT .89. BUT YEA IT WOULD FLOAT.   [post 1 of 2….stay tuned]

1-6-2014   Intel Guru TNT Tony    Iraq is not holding this up.  They couldn't change the CBI site if they wanted to.  It is being held up here in US.  They are playing chess down to the last minute.  I just got the call I was waiting for…confirmed.  All is good.  My happiness meter just went up 100%.  They are saying the children are playing nice and sitting on same side of the table.  I'm now expecting a SUPERFANTASTIC day, night or tomorrow! [post 2 of 2]

1-6-2014   Intel Guru TNT Tony   It could have happened over the weekend because all that is needed is just one phone call.  Banks, security, etc. are being told to be ready.  I am looking for it sometime between today & tommorrow, could go ASN, but tomorrow could be a  game changer, we'll see something tomorrow one way or the other.  Something that will make the picture clearer…not saying the RV.   [post 1 of 2]

1-6-2014  Intel Guru Stage2Omega    THE WAR IN IRAQ WILL PROVIDE IRAQ AN OPPORTUNITY FOR IRAQ TO DISPLAY THEIR ABILITY TO DEFEND AND STABILIZE THE COUNTRY AND THE INTERNAL WAR IS NOT TIED TO THE INTERNATIONAL RATE RELEASE.  CME CONTACTS ARE ON HIGH ALERT TODAY.  [post 2 of 2]

1-6-2014   Intel Guru Stage2Omega   [new guru]   PER CONVERSATION THE ISX GOING LIVE JANUARY 7, 2014, IN CONJUNCTION WITH FOREX & LIVE BLOOMBERG DATA FEEDS IN CONJUNCTION WITH OTHER GLOBAL EXCHANGES AND BOND SALES  IS A DIRECT CORRELATION AND CATALYST TIED TO THE INTERNATIONAL RATE RELEASE ALONG WITH THE TARIFFS.   [post 1 of 2….stay tuned]

1-6-2014   Intel Guru Nova   At Some Point The IQD Is Going To Have Value On The International Stage!!!  I Do Not Know The Day That Will Happen! But I Do Know That BIS Is Not Asking For More IQD To Be Put In There Bank So It Can Sit Around And Collect Dust!!  When You Ask For Something From Someone Its Because You Need/Want It And It Has Value To You!!!  If The BIS Wants The IQD And The CBI  Is Willing To Give It To Them It Also Tells Me That The CBI Knows They Will Be Getting Something More In Return. Last Thing For Me This Morning…But What We Are Seeing On The Ground In Iraq Is A GOOD Thing, SAD BUT GOOD. [See possible “to do list” in the DinarGuru resource bar on the left…#10]

1-6-2014   Newshound/Intel Guru BGG    Parliament lifted their session until Tuesday.  They have an agreement on approval of 5 major pieces of legislation.  2014 will see significant changes in the investment laws. A lot of economic factors will change in 2014.    I think the next couple of days and for sure the next 7 & 8 days are probably pivotal in this investment.  I am very excited that January 15th is a legitimate window.   I like the way things are unfolding.  It hasn't gone exactly as we would have liked, but things are moving right along.  I think that the next few days could be very exciting for this investment.Â

1-5-2014   Intel Guru Delta   Article quote:  "The General Secretariat of the Council of Ministers that tomorrow, Monday, January 6 will be an official holiday for the departments and institutions of the state."   IRAQI GOV ANNOUNCED MONDAY AS HOLIDAY FOR ARMY DAY.

1-5-2014   Newshound Guru Tlar   "CBI press release – Akralbenk Central on 13/12/29 a public auction bidding (C100) for bank transfers for sale (91)"    I saw what I thought was an article sent to me by a friend. As it turns out this article was part commentary.  …these bond sales, the bond sales due for January 7th are not the ones we are looking for.   these are normal bond sales.    [Reference Tlar’s earlier post 1-5-2014]

1-5-2014   Newshound Guru Kaperoni     [I guess they lied about the bond sale for monetary purposed they had said to do in the month of December.]  I do not believe they ever said with certainty that it would be December.  I recall them saying they would have to coordinate this through the MoF and hopefully with GOI/CoM approval it would happen in December.  Clearly that did not happen.  Maybe January..we shall see.   [post 2 of 2]

1-5-2014   Newshound Guru Kaperoni   Article:  "CBI press release – Akralbenk Central on 13/12/29 a public auction bidding (C100) for bank transfers for sale (91)"   Looks like a reference to this bond sale…These are regular 90 day investment bonds, not bonds for monetary purposes. There is a bad rumor being perpetuated that bonds for monetary policy start January 7th.  This is completely false.  The CBI has monthly bond sales (as they have for a several years) to fund projects and these are 90 day bonds and posted on the CBI website… The chart showing auction dates posted on the CBI is referring to these bonds and not bonds for monetary policy (sold in dinar) which are long term (a year or more).   [post 1 of 2….stay tuned]

1-5-2014   Intel Guru Hub   no big fanfare, just go to the bank and excange your currency…the natural rv of value of resources makes perfect sense, happens every day with all currency.  they have installed tariffs, taxes, wto, imf., opec, and on and on, new laws out the cazoo and thus are ready to enter the world, in my…opinion.  [post 2 of 2]

1-5-2014   Intel Guru Hub  lets talk about the rv for a min… the iraqis have implemented new taxes and tariffs, this is a fact.  I think they are just fulfilling the demands on creating a new country and government…the process to create this new entity is happening before our eyes.   their currency is about to go international at the rate deserving the resources and i have always thought $3.50 to $4.00…cant and will not do it at 1170dinar to $1.  [post 1 of 2….stay tuned]

1-5-2014   Intel Guru TD   No one knows YET the date or rate… Stability of a nation is a huge prerequisite for any movement in rates, and right now iraq has it's hands full trying to keep order. Just check the world news to see the escalation of violence.  Until better security is addressed there will be no motivation to proceed forward.Â

1-5-2014   Newshound Guru Tlar  On the 7th of January the CBI will start selling bonds for the first time since the Saddam era.  This is an important "monetary tool" which is one of the three tools that ultimately will replace the auctions. The other two tools are the tariffs (implemented Jan 2nd) and the Exchange rate not implemented yet.  The COM has just released the budget to parliament today to be voted on. With Bagdad and Kurdistan in agreement, it should pass quickly. Article 140 was agreed upon by making it its own province that eventually will be under Kurdistan influence. So what does all this mean? For years all of this legislation has been tied up. All of it is coming together this month, January…everything looks like it is finally falling into place after years of waiting.   [post 3 of 3]    [See possible “to do list” in the DinarGuru resource bar on the left…#6]

1-5-2014   Newshound Guru Tlar   The Bank of International Settlements (BIS) is this month for the first time accepting the dinar as deposits. The new smart card is being issued which will allow for Iraqis to get paid in something other than cash. This is also the month Iraq becomes a donor nation (IMF).  The WTO met to determine whether or not Iraq will be admitted for full membership on Dec29th. There has been no announcement of the results of this meeting as of yet. Remember the WTO had told Iraq in 2010 that they wanted to see the dinar close to the value of a dollar before they would be admitted to full membership.   [post 2 of 3….stay tuned]

1-5-2014   Newshound Guru Tlar   this has been a banner week for our investment. Iraq seems to be getting ready to do something maybe as early as this month with their currency. We have been waiting for the tariff law to be implemented for four years. It was implemented January 2nd. We have been waiting for over a year to see new legislation designed to encourage investment and free enterprise. They had passed those laws a while back but never told anyone. Those laws are now being implemented.  [post 1 of 3….stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left…#8]

1-5-2014  Newshound Guru Stryker   When the CBI gets close to implementing the Deleting the Zero Project (as I believe we are in now) these types of articles come out.  The way it works is simple, less dinars out in the marketplace means less dinars that need to be exchanged and the more value the new dinars will have, Economics 101.  This is all great news for us dinar investors, IMO.  [post 2 of 2]Â

1-5-2014  Newshound Guru Stryker   Article:  "Banks in Iraqi Kurdistan out of Cash"   Quote:  "It's a liquidity problem that recurs every year around the time."  It recurs every year around this time because currency reform has been scheduled to take place at the beginning of each year for the past two years now. Facts have pointed to this each year. We are in another CBI READY cycle, IMO.  [post 1 of 2….stay tuned]

1-5-2014   Newshound Guru Millionday   they finally have the investment laws in place that will bring in the world.   they are ready to reach all continents.  The parliament voted on Work law during its Saturday session….it was voted through.   so obviously this is great news too… industry back on and the commission saying that they have open to all continents for global investment…industry is the heart of any country and any without have to import their hearts out!!  we are seeing the health of the economy of Iraq return to growth and investment with what we are witnessing.   very good news.  [post 1 of 2….stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left…#8]

1-5-2014   Intel Guru Bluwolf   Do not think for a moment that those opposed to your prosperity have given up on your not having it the way it has been arranged both in its value and time…let me inform you that a go was given…it is and has been on the banks hands for a couple of months now.   They and we await for the official notification to let go or release your instructions and 800#.  The rates are still very high and do not think that they will go down in a short time lapse like some are estimating…This is where we really are folks, on the most prosperous receiving end and nothing else…

1-5-2014   Intel/Newshound Guru Poppy3     ONE MORE POINT OF INTEREST WITH ALQUEDA TAKING FALUSIA THE US AND UNITED NATIONS ARE WATCHING AND AS OF THIS MORNING [SATURDAY] I AM HEARING THAT THERE IS A VERY SERIOUS DISCUSSION TAKING PLACE ABOUT RE-INSTATING THE CHAPTER 7 SANCTIONS.  …THE UN SAID BACK IN JUNE THEY (IRAQ) HAD A DEADLINE OF JAN 1 TO FULFILL THESE THINGS AND THEY HAVE ALLOWED MALIKI TO MAKE THEM FAIL IN THESE EFFORTS. SOMETHING VERY GOOD OR VERY BAD FOR US IS BREWING BEHIND THE SCENES. TIME WILL TELL SO PRAY IT IS THE VERY GOOD.  [post 2 of 2]

1-5-2014   Intel/Newshound Guru Poppy3   MALIKI IS BACK IN A KILLING MODE TO THROW ALL THE REAL ATTENTION OFF OF HIMSELF.  HERE WE NOW HAVE THE PEOPLE BEING EFFECTED IN A VERY NEGATIVE WAY, WE HAVE MASS KILLINGS BACK IN THE NEWS.  AND THEY CAN'T SEE THE FACTS THAT EVERY TIME MALIKI IS IN A CORNER THAT THE SAME THINGS START HAPPENING.  EVEN WITH ALL THIS THE FACT STILL REMAINS TO SOLVE THEIR CURRENCY PROBLEMS GENERATE CASH FLOW AND IMPLEMENT THE HCL, TARIFF, JOINING THE WTO, HAVING A WORLD TRADABLE CURRENCY AND GAINING FAVOR WITH THE PEOPLE OF IRAQ THEY HAVE TO RV THEIR CURRENCY.   [post 1 of 2….stay tuned]

 
1-3-2014   Intel Guru TerryK   I GOT THIS TONIGHT FROM A SOURCE… SHE SAID IF THIS DOES NOT GO THIS WEEK NOT TO LOOK FOR IT TILL MARCH.

1-3-2014  Newshound Guru Millionday  the rate will be changed by data entry when it is changed as it does as it fluctuates throughout the world.   we do not have to wait for budget.  so the news that the tariff and customs is activated is huge and now we wait for saturday and all other movements in the strategic framework.  we should see news galore coming in the next few days.  [post 2 of 2]

1-3-2014   Newshound Guru Millionday   The tariff and customs laws are activated so they are now hustling to get all the ports ready and the budget through and the rate to where it should be to have fair pricing that is for global trade.  the law is law so they have to act and with the fact that it is now activated — they are ready and in the position so that in itself i can say is news and huge news.   [post 1 of 2….stay tuned]

1-3-2014   Intel Guru TNT Tony   I was told you should have a great great weekend…you should have had a great morning…there were minor security issues last night.  All is on a positive track this morning and we should still have a great weekend…[Are the rates still in $32-36 range?]  The [contract] rates are still holding, it’s part of the plan now.   And they raised the market rate to over $6.   [post 2 of 2]

1-3-2014   Intel Guru TNT Tony   I never thought we would still be talking about this.  The effective date of RV in Iraq is 12/1/2013.  The effective date of the  international  RV is 12/31/2013.  The reason they can get away with doing that is because some countries have accepted the rate.  The US didn't accept it, but others did which made it international.  Several countries have the $3.44 rate at their CBI's.   Things being done so official activation takes place here.   [post 1 of 2….stay tuned]

1-3-2014   Intel Guru Nova   They must have a tariff law in place to become a member of the WTO.   A possible scenario is that the tariff law was enacted on Jan 2nd…but the financial structure was not open. The books for 2014 have not been opened yet, but with the tarrif law in place within a couple of days the financial system will be turned back on with a new rate…This is speculation based on the articles and what the CBI  GOE and WTO are saying and doing. They must tell the world what the new rate is or they cannot sell product to the world, or have trade, ect…I believe the CBI must show the new rate when they reopen. So many things hinge upon it and everything is pointing to it being released.   [post 3 of 3][See possible “to do list” in the DinarGuru resource bar on the left…#11]

1-3-2014  Intel Guru Nova   With the Tariff law enacted, the goods in Iraq must be repriced for the tariff.  If the rate is not revealed…it all becomes “Undone”.  The fact that the CBI did not transact business today and the ISX is closed is very telling. It is what we want to see. IMO, the ISX must be down when the rate is changed because the valuation of the companies is in USD…trading takes place in IQD but the capital and valuation is in USD.  When the new rate comes out….the stocks, capital and corporate valuations must be reset to IQD for the new rate.  IMO, I do not believe the tariff can be enacted at 1166.  [post 2 of 3….stay tuned]

1-3-2014   Intel Guru Nova   I'd be very concerned and it would have been a “bad day today [Thursday]” if we have seen the tariff law implemented and the CBI holding an auction. However that did NOT happen, which means that something really did “happen”!  The Tariff law went into effect today [Thursday] and the CBI did NOT hold an auction—The CBI did not transact any business today which means that’s something is changing, something is happening.  The Iraqi financial system was shut down and not transacting any business…IMO, the days are numbered how long they can continue to hide the rate. [post 1 of 3….stay tuned]

1-3-2014   Newshound/Intel Guru Eagle1   Reminding everybody about the Chap.7 agreement Shabibi signed to “Reinstate” the IQD…I feel it’s a Reinstatement and not a Revalue.  But, a deal may have been made with Kuwait to come out at $4.25 and Kuwait will RV the KWD to be a little higher…my sources opinion is he expects the IQD to come out within a few cents of Kuwaits KWD.  These are calculations based on the information in articles as well. [post 2 of 2]

1-3-2014   Newshound/Intel Guru Eagle1   A friend at the WTO on the US Trade Delegation said thatIraq was inducted into the WTO on Sunday  but nothing will be released “publicly” until the currency reset goes live “shortly”.   Sources all agree that from what the CBI, BIS, WTO, IMF, GOI are saying it is very possible to see the new rate on Saturday/Sunday.   [post 1 of 2….stay tuned]

1-3-2014  Intel Guru Delta   [WOULD IT BE SAFE TO SAY IF THEY JUST ONLY DID ONE THING ON THE LIST THEY WOULD HAVE TO HAVE A RATE?]  YES…BIG MISTAKE IF THEY DON'T CHANGE THE RATE, I WAS JUST WATCHING ON IRAQIA TV PEOPLE ARE UPSET ALREADY AT THE PORT OF BASRA, AND IT WAS THE FIRST DAY, SO IF THEY DON'T CHANGE THE RATE AND GIVE IRAQI POWER OF PURCHASE!!!   IT WILL BE A BIG PROBLEM ON THE WAY.

1-3-2013   Intel Guru TerryK    I HAD FOUR SOURCES CALL ME YESTERDAY AND TO BE HONEST THEY WERE PRETTY HYPED.  WHAT IM BEING TOLD IS IT IS THE UST AND FEDS HOLDING THIS UP AS THEY ARE WAITING ON GOLD STANDARD THAT WAS TO COME INTO PLAY YESTERDAY.  DON'T KNOW WHAT THE DELAY IS NOW.

1-3-2014   Intel/Newshound Guru Poppy3   WE ALSO KNOW THEY CAN'T SELL THE BONDS WITHOUT SOME VALUE PLACED ON THEM THAT IS BACKED BY EITHER THE IMF, WORLD BANK, OR UNITED NATIONS.   …WITHOUT SOME AGENCY OR GOVERNMENT BACKING THEM,  ANYONE WOULD BE CRAZY TO INVEST IN THEM. THE BIGGEST QUESTION IS, ARE THE U N LEADERSHIP GOING TO PLACE IRAQ BACK UNDER SANCTIONS LIKE THEY SAID FOR NOT MEETING THEIR NEGOTIATED…DEADLINES THEY AGREED TO WHEN ASKING TO HAVE THE SANCTIONS LIFTED.   [post 2 of 2]

1-3-2014   Intel/Newshound Guru Poppy3   WE DO KNOW THATFOR A TARRIF TAX TO PRODUCE ANY CASH FLOW…THERE WOULD HAVE TO BE A VALUE ON THE CURRENCY OR THE TAX WILL AMOUNT TO NEXT TO ZERO.  SAME IS ALSO TRUE FOR THE HCL LAW BEING IMPLEMENTED. WITHOUT A VALUE ON THE CURRENCY THEY COULD NOT PAY THE PEOPLE THE 17% THEY ARE TO RECEIVE FROM OIL REVENUES.  [post 1 of 2….stay tuned]

1-3-2014  Intel Guru Bluwolf  Once we rv there is at least a 30 day exchange period, it has always been that way (for there are trillions around the world to be recollected)…
 

 


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