Frank26, Mtn Goat, Adam Montana, etc…
Fri, June 6, 2014
Subject: Dinar RV Timeline
Mnt Goat Friday Post/Update sent to Recaps Part 2 of 2
In today’s news letter I am giving you some timelines. Why?
I have devoted this news letter to these timelines because I want all of us to be watchful for the completion of these events tied to these timelines.
I believe fully that seeing the announcement of the IQD revaluation is now tied to these events. I believe the RV could happen as any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion expected to happen on July 15th. .
Many are spreading rumors that the RV can happen at second now. They have said this now for months upon months now. So where is it?
Technically it could have happened and it would have if the USA had let the roll process complete. They did not and I believe they will not until at least two things happen:
1) they feel certain which way the government of Iraq is going. ]
2) the base currency IQD rate has a strong potential to rise very quickly once rolled out fully to the international exchanges. The USA needs the rate to be high since oil credits are based on this. The higher the rate the more oil. China and Vietnam already have fixed contracts and so they would have liked the GCR to have happened months ago. They are also not as involved in the process as the USA is.
All sanctions have now been lifted from Iraq and with each of these types of benchmarks the USA loses more and more control over Iraq and it’s power to intervene in the Iraq affairs. Some say there is still a matter of the Status of Forces Agreement (SOFA) to help in this area but this agreement expired at midnight on December 31, 2011 when all US forces were officially withdrawn from Iraq. Do you remember the big celebrations?
What most do not know is that SOFA was replaced with a Strategic Framework Agreement (SFA) between Iraq and the United States prior to the USA pulling out. It is a very broad agreement as you can see in the goals of the agreement. It is aimed at ensuring international cooperation including minority ethnicity, gender, and belief interests and other constitutional rights; threat deterrence; exchange students; education; and cooperation in the areas of energy development, environmental hygiene, health care, information technology, communications, and law enforcement.
So what I am trying to say is stability of Iraq through the stability of an honest, working, united government (with common goals beneficial to Iraq) is primary to the USA. They have stated this many times I the past. Did you forget? Are you so hyped up to go to the bank from all these conference calls that you forgot?
It is much easier for the USA to wait to see what happens in this election than to RV the currency and then to regret it later since completing the entire international process with another corrupt government in place may only result in the USA having to send more troops to Iraq in the future or impose yet more sanctions again, costing billions and possibly more American lives lost. Did I mention the all the red tape with the UN.
So I believe they are taking the path of least resistance. Just because I am stating what I truly believe to be the truth does not mean I am in favor of it or want to wait for the RV any more than you do.
We must however consider all aspects and use some common sense out of the intel being provided to us by our sources as to what is stalling this revaluation. The information is all out there (like pieces to a puzzle) we just have to read it correctly and piece it together. The picture is quite clear now.
Are we all so hyped up to see the RV that we are now closed minded as to what is happening right in front of our noses?
It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. It could potentially happen at any one of the final stages of this election process.
When will the USA feel the government of Iraq is stable enough to finally let the RV go?
It is not long from now since we are about to enter into the final 30 day window of the process to build a new Iraq government.
The IQD rate will be high when it comes out and it will climb very quickly. The projections for the IFX this week and the amount of CBI reserves (and gold) is an indicator of this. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency.
I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
I want to wish everyone a wonderful weekend. Next week is going to be very interesting!
Peace and Luv To Ya All,
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the
peaks and valleys of the past couple years on the HCL saga, we are nearing the
highest peak I have ever seen and I am looking forward to the coming days! Maliki,
for his part, is indeed reaching out to the Kurds…with a successful resolution of
the HCL I strongly believe they will grudgingly (and temporarily) overlook their
disagreement with his win… this will be resolved shortly.I still believe he will
continue as PM, and I’m not disturbed by that at all. In fact, I think this rough
patch right now while the election results are being finalized is a GREAT time to
break down some of the barriers to the HCL, which is going to be GREAT for pushing
through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we
near the finish line. WOW again! I am concerned about some of the false information
now coming out of the Iraq…This is serious and it is getting simply ridiculous and
almost laughable. It is my strong feeling we are still looking at possibly around
mid July towards the end of July before we see the announce of the fully,
functional, stable government. I certainly hope it all happens prior to this date. I
do not expect to see any IQD revaluation international until just prior to or after
the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED
TO… I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK
AND WILL NOT SURVIVE…SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL
REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO
PROGRESS AND HELPING THE PEOPLE OF IRAQ…THEY WILL NOT ALLOW HIM TO DOMINATE THE
COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND
BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE
POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS
GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I
am glad to see that they are close to resolving this issue. The last thing we need
is to have this drag out for a year as it did four years ago. Also, even if Maliki
is returned as PM, we will at least have someone who has "stated" that he is ready
to move the country forward. So, I say this: get the politics out of the way and
let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National
Alliance will be passed within the next two days" This article is unfortunately
offset by others today including the one in which Maliki himself announced that he
has 175 votes, more than enough to return him to the PM slot. It appears, at least
at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would
"whittle away" at the other small parties until he was able to create a new
majority. From the sound of his own statement, he has done this, and will announce
the new government alliance, led by himself, in a few days. [post 1 of 2….stay
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a
government are realized by 175 votes secured" Whether this is true or not is not
important..the stage that Maliki is setting is. He has always said he is the only
one for PM and only he is the one that can do the job. By starting this talk he is
creating doubt in the other blocks solidarity and one by one they tend to lean back
to him as time passes and delays become an issue. My money is on Maliki continues
to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated
states what it would be — that is why the dong is not the same as the euro — usd
— etc and they are not the same as each other –they are calculated in their
country and that is the calculation and how the rate is calculated will be the
result of the rate — its not just the gdp but that is the most of it — how it is
backed as well and there are few other things that go with the calculation and how
the rate is calculated will be the result of the rate — rates are all different and
it goes by each country…at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the
economy discuss the procedures and mechanisms that will be adopted to improve the
performance of the bank" at least 5 times in the 2013 Article IV Consultation the
IMFstated that the CBI should look towards accepting Article VIII. That was well
over 15 months now. As well, the TIFA agreement signed in March 2013 stated
"freedom of movement of capital" by the end of the year (meaning 2013),so this is
not a long ways off IMO. The CBI will make the move soon. As for a timeframe of
compliance, we can only hope it is short (few weeks), but I have seen somewhere in a
report on the IMF website a statement referring 90 days. That was not directed
specifically at Iraq but was talking about maintaining stability of the exchange
rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this
article…is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST
NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON…SO MAYBE TONIGHT WE MIGHT
BE ROCKIN…WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO
HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been
good! Things appear to be solidly on track.
6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm
thinking that this is incredible news. The two governments could be meeting and
talking about anything…BUT add to that meeting one single solitary
individual…someone who is not tied to the government of either entity sitting at
the table…the one man in charge of the Central Bank of Iraq…put him in the same
room with "these two" governments and that gets the juices flowing…this
meeting…needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING
ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL
DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI…THEY
WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM
NOW…[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING
NOTES OF THE MEETING…TIMING OF THIS MEETING IS OF VITAL IMPORTANCE… IMO…We may
hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and
achieved the majority needed to form a government" Ipromised you that Maliki was
not down and out…I believe he has learned the stealthiness of most wary of
cats…in the dark of the night he has amassed this following…he wants to get the
government formed quickly. Article: "Maliki: we have achieved the necessary
majority to form a government" Maliki spoke to Iraqi citizens on national
television to announce he now has 175 seats of Parliament supporting him…Maliki
claims that his opponents are seeking to install a weak PM that will allow certain
blocs to pass laws that will not be contested by anyone, such as Maliki now…
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set
before the ISX goes live?] yes, the reality rate should be set before they go live
because the largest product they have is the dinar and the price index would only
make sense in trading shares with a fair market value…this is to be live by the
end of june and ready in the middle of this month… they are going global according
to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it
does seem so Friend…Always keeping in mind that the Minds of the Middle Eastern
World run on a very slow clock. Incredibly…Their famous procrastination slows
and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the
"pro-Maliki" spin in the market place right now are the vast fortunes he's spending
on advertising…as far as he's concerned – this is still his "election cycle". I
won't count him out – but he's not nearly as "well off" as some…are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with
the formation of the new government to stand alone for a vote. IMO, we will not see
a budget until we see the next government. [so if we do not see the budget till the
next govt…can we still have the RV without the budget? seems they have to have
that new rate in place to put it in the budget…is that right?] i have never
subscribed to the notion that the budget was awaiting the rv'd rate or would reveal
the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or
1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?]
it will be the exchange rate that you would get as if you were traveling and will
be global. [Are they still waiting to see who the next PM will be before
RVing?] i have not seen that they are waiting for the PM to be named for anything
economical…i dont see that they are waiting for anything in ink — i dont even see
according to the statement by the gov of CBI, Turki that they are waiting on the
budget so without anything in ink or by press statement — i cant say that they are
waiting on anything…we dont have the date but they seem to be saying that they are
working on moving iraq to a market economy.
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