18DELTA says to (07:55:07): ALL I WAS DOING WAS GIVING A LESSON IN EACH COMPLEX ISSUE THAT WAS INVOLVED OR GOING ON IN IRAQ
18DELTA says to (07:55:27): TO SHOW WHAT WAS ON THE PLATE OF THE IRAQI GOVT
18DELTA says to (07:55:53): THIS IS A COUNTRY THAT PROCRASTINATED FOR ALMOST 6 YEARS
18DELTA says to (07:56:59): PASSING NO LEGISLATION AND NOT TRYING TO RESOLVE ANY OF THE ISSUES THAT WERE NEEDED TO MAKE IRAQ BE RECOGNIZED AS TRULY A SOVEREIGN NATION THAT COULD BE TRUSTED.
ljpaint says to (07:58:31): 18delta then we are not waiting on VII to be complete just the RV
18DELTA says to (07:58:36): IT WAS NOT UNTIL OBAMA ADMINISTRATION MADE IT PERFECTLY CLEAR THEY WILL HAVE TO STAND ON THEIR OWN TWO FEET. THAT THEY FELT THE PRESSURE TO MOVE FORWARD. THAT THE DAY OF THE FREE LUNCH WAS OVER. THAT THE U.S. WANTED NOW TO SEE THE BENEFITS OF LOSING 4700 LIVES AND SPENDING ALMOST 1 TRILLION USD.
18DELTA says to (07:58:52): NO I NEVER SAID WE WERE WAITING FOR CHAPTER VII EVER.
18DELTA says to (08:00:03): A TEACHING LESSON IN HISTORY SO THAT PEOPLE HAD SOME UNDERSTANDING OF THE ISSUES THAT WERE FACING THE GOI. THEN WHEN THESE THINGS WERE MENTIONED. INSTEAD OF THE FOOLISH FEARFUL ?'S
18DELTA says to (08:00:24): THEY WOULD HAVE SOME BACKGROUND
18DELTA says to (08:00:36): BUT THEN INSTEAD OF IT JUST BEING A FYI
18DELTA says to (08:00:57): IT TURNED INTO THAT I WAS SAYING THIS HAD TO BE OR ELSE NO RV
18DELTA says to (08:01:30): THE CENTRAL BANK OF IRAQ IS THE ONLY AUTHORITY THAT CAN OR DID AUTHORIZE THE RV.
18DELTA says to (08:01:52): NOONE ELSE IN IRAQI GOVT HAS THE RIGHT OR AUTHORITY BY THE CONSTITUTION.
18DELTA says to (08:02:35): CBI ALREADY MADE IT PERFECTLY KNOWN AT THE ISTANBUL MEETINGS OF CENTRAL BANKS ON FEB 16. THAT THEY WERE GOING TO RV.
18DELTA says to (08:02:57): THIS IS FACT. IT WAS STATED BY THE SR ADVISOR TO THE CENTRAL BANK
18DELTA says to (08:03:14): NOW THE RV WAS APPROVED AND RELEASED BY CBI
18DELTA says to (08:03:29): AFTER THAT AS WAS ALSO STATED BY SHABIBI IN AUGUST
18DELTA says to (08:03:36): WHEN THEY RELEASE IT TO THE GOI
18DELTA says to (08:03:52): THEN WHAT EVER HAPPENS AFTER THAT IS THE GOI'S RESPONSIBILITY
18DELTA says to (08:04:34): UNTIL THEN IT IS THE CENTRAL BANKS RESPONSIBILITY TO STILL MAINTAIN THE STABLE RATE OF 1170 THROUGH A MANAGED OR DIRTY FLOAT
18DELTA says to (08:04:41): WHICH IS WHAT CBI IS DOING
18DELTA says to (08:05:10): NOW IT IS IN THE HANDS OF MALIKI
18DELTA says to (08:05:20): WE KNOW HE HAS SIGNED IT
18DELTA says to (08:05:31): BUT ALL WE KNOW IS THIS
18DELTA says to (08:05:59): THAT AS OF LAST FRIDAY ACCORDING TO THE WARKA EXECS AT CITIBANK CORPORATE OFFICES
18DELTA says to (08:06:11): THERE ARE ISSUES WITH SYSTEM FAILURES
18DELTA says to (08:06:38): AND WHEN THEY DO ANNOUNCE IT MUST BE COORDINATED AND SENT TO ALL NATIONS AT THE SAME TIME.
18DELTA says to (08:07:03): NOW I HAVE NO OTHER REASON GIVEN ME OUT OF IRAQ
18DELTA says to (08:07:23): IF ANYONE HAS BETTER INTEL I AM WILLING TO LISTEN. BUT NOT JUST OPINIONS
18DELTA says to (08:13:19): ACTUALLY LAST NIGHT WAS THE LEAST OF THE 3 DAYS SO FAR THIS WEEK FOR THE PURCHASE OF DINAR WITH USD
18DELTA says to (08:13:48): NOW THE AUCTIONS ARE COMPLEX
18DELTA says to (08:13:59): BUT FOR A SIMPLE KISS EXPLANATION
18DELTA says to (08:14:17): THE LARGER TRANSFERS OUT IS NOT THE SALE OF IQD
18DELTA says to (08:14:58): THE ONLY AMOUNT THAT IS ASSOCIATED WITH THE SALE OF IQD
18DELTA says to (08:15:03): IS THE USD TAKEN IN
18DELTA says to (08:15:12): NOW THAT ALSO IS MISLEADING
18DELTA says to (08:15:34): SINCE CBI IS MANAGING THE IQD'S RATE THROUGH A DIRTY FLOAT
18DELTA says to (08:16:08): IT MEANS THEY PERSONALLY ARE MANIPULATING THE RATE OF THE DINAR NOT THE WORLDS WANT OR USE OF IT THEMSELVES
18DELTA says to (08:16:21): AND THE REASON IS:
18DELTA says to (08:16:35): NOBODY HAS A USE FOR IT BUT BROKERS AND TRADERS
18DELTA says to (08:17:22): OUTSIDE OF THE COUNTRY
18DELTA says to (08:17:31): IS THIS NOT TRUE?
18DELTA says to (08:17:33): YES OR NO
18DELTA says to (08:18:10): I WILL EXPLAIN THE DIRTY FLOAT TO YOU ALL
CPK says to (08:18:11):
A question for clarification. Can we accurately assume that the revalue has taken place since there is a rate, that we know of, at least has been posted here, and that the only thing holding it from going forward is the GOI's release of it for public trade? Am I right? There has been some conflicting terminology on here that I sometimes just need to read between the lines. Thanks for all you do 18Delta.
18DELTA says to (08:19:00): OK I NEVER GIVE CONFLICTING STATEMENTS ON WHERE THE IQD IS STANDING AND WHY.
18DELTA says to (08:19:15): NO I DO NOT THINK THE TARP MONEY IS FROM IQD
18DELTA says to (08:19:32):
IT IS FROM THE FACT THAT IT WAS NEVER USED BY THE BANKS
18DELTA says to (08:19:38): OK CPK
18DELTA says to (08:19:40): NP
antyspot says to (08:19:48): 18DElta now I understand more of what you are saying. I listened last night but did not say anything
18DELTA says to (08:19:58): ALL THE BANKS ARE DOING IS RETURNING THE MONEY THEY NEVER SPENT
18DELTA says to (08:20:14): YES SEVERAL COUNTRIES HOLD THE IQD
wareagle says to (08:20:17): yes I was told by Chase that they were required to take the Tarp money by the govt and just turned around at the first payment date and paid it all back
18DELTA says to (08:20:24): BUT WE ARE NOT BIDDING ON IT
18DELTA says to (08:20:58): FRANCE ACCEPTS PAYMENT IN IQD AND JUST BANKS IT FOR FUTURE USE AFTER POST RV
18DELTA says to (08:21:18): CHINA DID ALSO
18DELTA says to (08:21:34): THEY ACTUALLY BOUGHT UP TBILLS AND CBI BILLS
18DELTA says to (08:24:20): When a central bank intervenes with a floating exchange rate, the rate is called a "managed float." The method of exchange is still a float, but the bank will provide money if the exchange rates are dropping. The central bank has control over the exchange rate of the currency: if the rate is dropping, they will supply money to bring it up again.
wareagle says to (08:24:49): 18delta do you think there is a REAL push for this to get done by EOM? Do you think the conflicting articles about Maliki running or not running for re-elections and also the elections being delayed to March?
18DELTA says to (08:24:54): THAT IS AS SIMPLE I CAN GET ON WHAT IT IS.
18DELTA says to (08:25:23): OK THE ELECTIONS HAVE AN OFFICIAL DATE
18DELTA says to (08:25:48): THIS IS BECAUSE OF THE MANDATORY 90 DAYS NEEDED BY THE ELECTION COMMISSION
18DELTA says to (08:25:57): AND BY THE CONSTITUTION OF IRAQ
18DELTA says to (08:26:51): EVEN THOUGH THE BLOCS AND HASHEMI FORCED A VIOLATION OF THE CONSTITUTION AND VIOLATED A MANDATORY UN MANDATE FOR THE ELECTION LAW TO BE IN PLACE.
BRB59 says to (08:27:19): Do you think. maybe Iraq is just printing IQD and not have resourses,at this time to cover them all
18DELTA says to (08:27:37): OK IRAQ DOES NOT PRINT ANYTHING
18DELTA says to (08:27:44): SO PLEASE JUST FORGET THAT
wareagle says to (08:27:48): BRB they have loads of gold to cover themselves
18DELTA says to (08:27:57): THE PRINTING OF THE IQD HAS STOPPED
18DELTA says to (08:28:02): LONG AGO
apaca55 says to (08:28:17): us prints iqd
drjklii says to (08:28:19): I have a question: 18Delta, you mentioned "coordinated" effort to get the word out. IYO, can't Maliki make the phone call and have Reuters/forex/sites disseminate information effectively now? Or does Iraq nation need to be fully up and running before they will even consider? I guess the ? is what does "up and running" really mean to the rest of world
18DELTA says to (08:28:48): UMM NO IT JUST DOESN'T WORK LIKE THAT
18DELTA says to (08:28:59): FOREX IS NOT AN OFFICIAL ANYTHING
julesd says to (08:29:11): How long?
18DELTA says to (08:29:24): IT IS A COMPANY THAT PROFITS FROM CURRENCY TRADING AND PAIRINGS
18DELTA says to (08:29:36): DOES IT MATTER HOW LONG
18DELTA says to (08:29:38): REALLY
18DELTA says to (08:30:09): When a central bank intervenes with a floating exchange rate, the rate is called a "managed float." The method of exchange is still a float, but the bank will provide money if the exchange rates are dropping. The central bank has control over the exchange rate of the currency: if the rate is dropping, they will supply money to bring it up again.
18DELTA says to (08:45:44): THERE CANNOT BE AN RV WHEN USD HAS BEEN ACCEPTED AND IQD HAS BEEN SOLD UNTIL THE CENTRAL BANK HAS CLOSED FOR THE DAY
18DELTA says to (08:46:05): IF THE USD IS $0 FOR AN AUCTION THEN THEY CAN
joejaboah says to (08:46:23): and do they close at our 9 a.m. eastern time??
wmilo says to (08:46:33): So Medic is all we are waiting for is the Technical Computer issues to be resolved...???
wareagle says to (08:47:02): What is your thoughts on EOM, especially knowing that their New Year is the 18th etc.?
18DELTA says to (08:47:07): ACCORDING TO THE ONLY INFO AND EXPLANATION OUT OF IRAQ
18DELTA says to (07:55:27): TO SHOW WHAT WAS ON THE PLATE OF THE IRAQI GOVT
18DELTA says to (07:55:53): THIS IS A COUNTRY THAT PROCRASTINATED FOR ALMOST 6 YEARS
18DELTA says to (07:56:59): PASSING NO LEGISLATION AND NOT TRYING TO RESOLVE ANY OF THE ISSUES THAT WERE NEEDED TO MAKE IRAQ BE RECOGNIZED AS TRULY A SOVEREIGN NATION THAT COULD BE TRUSTED.
ljpaint says to (07:58:31): 18delta then we are not waiting on VII to be complete just the RV
18DELTA says to (07:58:36): IT WAS NOT UNTIL OBAMA ADMINISTRATION MADE IT PERFECTLY CLEAR THEY WILL HAVE TO STAND ON THEIR OWN TWO FEET. THAT THEY FELT THE PRESSURE TO MOVE FORWARD. THAT THE DAY OF THE FREE LUNCH WAS OVER. THAT THE U.S. WANTED NOW TO SEE THE BENEFITS OF LOSING 4700 LIVES AND SPENDING ALMOST 1 TRILLION USD.
18DELTA says to (07:58:52): NO I NEVER SAID WE WERE WAITING FOR CHAPTER VII EVER.
18DELTA says to (08:00:03): A TEACHING LESSON IN HISTORY SO THAT PEOPLE HAD SOME UNDERSTANDING OF THE ISSUES THAT WERE FACING THE GOI. THEN WHEN THESE THINGS WERE MENTIONED. INSTEAD OF THE FOOLISH FEARFUL ?'S
18DELTA says to (08:00:24): THEY WOULD HAVE SOME BACKGROUND
18DELTA says to (08:00:36): BUT THEN INSTEAD OF IT JUST BEING A FYI
18DELTA says to (08:00:57): IT TURNED INTO THAT I WAS SAYING THIS HAD TO BE OR ELSE NO RV
18DELTA says to (08:01:30): THE CENTRAL BANK OF IRAQ IS THE ONLY AUTHORITY THAT CAN OR DID AUTHORIZE THE RV.
18DELTA says to (08:01:52): NOONE ELSE IN IRAQI GOVT HAS THE RIGHT OR AUTHORITY BY THE CONSTITUTION.
18DELTA says to (08:02:35): CBI ALREADY MADE IT PERFECTLY KNOWN AT THE ISTANBUL MEETINGS OF CENTRAL BANKS ON FEB 16. THAT THEY WERE GOING TO RV.
18DELTA says to (08:02:57): THIS IS FACT. IT WAS STATED BY THE SR ADVISOR TO THE CENTRAL BANK
18DELTA says to (08:03:14): NOW THE RV WAS APPROVED AND RELEASED BY CBI
18DELTA says to (08:03:29): AFTER THAT AS WAS ALSO STATED BY SHABIBI IN AUGUST
18DELTA says to (08:03:36): WHEN THEY RELEASE IT TO THE GOI
18DELTA says to (08:03:52): THEN WHAT EVER HAPPENS AFTER THAT IS THE GOI'S RESPONSIBILITY
18DELTA says to (08:04:34): UNTIL THEN IT IS THE CENTRAL BANKS RESPONSIBILITY TO STILL MAINTAIN THE STABLE RATE OF 1170 THROUGH A MANAGED OR DIRTY FLOAT
18DELTA says to (08:04:41): WHICH IS WHAT CBI IS DOING
18DELTA says to (08:05:10): NOW IT IS IN THE HANDS OF MALIKI
18DELTA says to (08:05:20): WE KNOW HE HAS SIGNED IT
18DELTA says to (08:05:31): BUT ALL WE KNOW IS THIS
18DELTA says to (08:05:59): THAT AS OF LAST FRIDAY ACCORDING TO THE WARKA EXECS AT CITIBANK CORPORATE OFFICES
18DELTA says to (08:06:11): THERE ARE ISSUES WITH SYSTEM FAILURES
18DELTA says to (08:06:38): AND WHEN THEY DO ANNOUNCE IT MUST BE COORDINATED AND SENT TO ALL NATIONS AT THE SAME TIME.
18DELTA says to (08:07:03): NOW I HAVE NO OTHER REASON GIVEN ME OUT OF IRAQ
18DELTA says to (08:07:23): IF ANYONE HAS BETTER INTEL I AM WILLING TO LISTEN. BUT NOT JUST OPINIONS
18DELTA says to (08:13:19): ACTUALLY LAST NIGHT WAS THE LEAST OF THE 3 DAYS SO FAR THIS WEEK FOR THE PURCHASE OF DINAR WITH USD
18DELTA says to (08:13:48): NOW THE AUCTIONS ARE COMPLEX
18DELTA says to (08:13:59): BUT FOR A SIMPLE KISS EXPLANATION
18DELTA says to (08:14:17): THE LARGER TRANSFERS OUT IS NOT THE SALE OF IQD
18DELTA says to (08:14:58): THE ONLY AMOUNT THAT IS ASSOCIATED WITH THE SALE OF IQD
18DELTA says to (08:15:03): IS THE USD TAKEN IN
18DELTA says to (08:15:12): NOW THAT ALSO IS MISLEADING
18DELTA says to (08:15:34): SINCE CBI IS MANAGING THE IQD'S RATE THROUGH A DIRTY FLOAT
18DELTA says to (08:16:08): IT MEANS THEY PERSONALLY ARE MANIPULATING THE RATE OF THE DINAR NOT THE WORLDS WANT OR USE OF IT THEMSELVES
18DELTA says to (08:16:21): AND THE REASON IS:
18DELTA says to (08:16:35): NOBODY HAS A USE FOR IT BUT BROKERS AND TRADERS
18DELTA says to (08:17:22): OUTSIDE OF THE COUNTRY
18DELTA says to (08:17:31): IS THIS NOT TRUE?
18DELTA says to (08:17:33): YES OR NO
18DELTA says to (08:18:10): I WILL EXPLAIN THE DIRTY FLOAT TO YOU ALL
CPK says to (08:18:11):
A question for clarification. Can we accurately assume that the revalue has taken place since there is a rate, that we know of, at least has been posted here, and that the only thing holding it from going forward is the GOI's release of it for public trade? Am I right? There has been some conflicting terminology on here that I sometimes just need to read between the lines. Thanks for all you do 18Delta.
18DELTA says to (08:19:00): OK I NEVER GIVE CONFLICTING STATEMENTS ON WHERE THE IQD IS STANDING AND WHY.
18DELTA says to (08:19:15): NO I DO NOT THINK THE TARP MONEY IS FROM IQD
18DELTA says to (08:19:32):
IT IS FROM THE FACT THAT IT WAS NEVER USED BY THE BANKS
18DELTA says to (08:19:38): OK CPK
18DELTA says to (08:19:40): NP
antyspot says to (08:19:48): 18DElta now I understand more of what you are saying. I listened last night but did not say anything
18DELTA says to (08:19:58): ALL THE BANKS ARE DOING IS RETURNING THE MONEY THEY NEVER SPENT
18DELTA says to (08:20:14): YES SEVERAL COUNTRIES HOLD THE IQD
wareagle says to (08:20:17): yes I was told by Chase that they were required to take the Tarp money by the govt and just turned around at the first payment date and paid it all back
18DELTA says to (08:20:24): BUT WE ARE NOT BIDDING ON IT
18DELTA says to (08:20:58): FRANCE ACCEPTS PAYMENT IN IQD AND JUST BANKS IT FOR FUTURE USE AFTER POST RV
18DELTA says to (08:21:18): CHINA DID ALSO
18DELTA says to (08:21:34): THEY ACTUALLY BOUGHT UP TBILLS AND CBI BILLS
18DELTA says to (08:24:20): When a central bank intervenes with a floating exchange rate, the rate is called a "managed float." The method of exchange is still a float, but the bank will provide money if the exchange rates are dropping. The central bank has control over the exchange rate of the currency: if the rate is dropping, they will supply money to bring it up again.
wareagle says to (08:24:49): 18delta do you think there is a REAL push for this to get done by EOM? Do you think the conflicting articles about Maliki running or not running for re-elections and also the elections being delayed to March?
18DELTA says to (08:24:54): THAT IS AS SIMPLE I CAN GET ON WHAT IT IS.
18DELTA says to (08:25:23): OK THE ELECTIONS HAVE AN OFFICIAL DATE
18DELTA says to (08:25:48): THIS IS BECAUSE OF THE MANDATORY 90 DAYS NEEDED BY THE ELECTION COMMISSION
18DELTA says to (08:25:57): AND BY THE CONSTITUTION OF IRAQ
18DELTA says to (08:26:51): EVEN THOUGH THE BLOCS AND HASHEMI FORCED A VIOLATION OF THE CONSTITUTION AND VIOLATED A MANDATORY UN MANDATE FOR THE ELECTION LAW TO BE IN PLACE.
BRB59 says to (08:27:19): Do you think. maybe Iraq is just printing IQD and not have resourses,at this time to cover them all
18DELTA says to (08:27:37): OK IRAQ DOES NOT PRINT ANYTHING
18DELTA says to (08:27:44): SO PLEASE JUST FORGET THAT
wareagle says to (08:27:48): BRB they have loads of gold to cover themselves
18DELTA says to (08:27:57): THE PRINTING OF THE IQD HAS STOPPED
18DELTA says to (08:28:02): LONG AGO
apaca55 says to (08:28:17): us prints iqd
drjklii says to (08:28:19): I have a question: 18Delta, you mentioned "coordinated" effort to get the word out. IYO, can't Maliki make the phone call and have Reuters/forex/sites disseminate information effectively now? Or does Iraq nation need to be fully up and running before they will even consider? I guess the ? is what does "up and running" really mean to the rest of world
18DELTA says to (08:28:48): UMM NO IT JUST DOESN'T WORK LIKE THAT
18DELTA says to (08:28:59): FOREX IS NOT AN OFFICIAL ANYTHING
julesd says to (08:29:11): How long?
18DELTA says to (08:29:24): IT IS A COMPANY THAT PROFITS FROM CURRENCY TRADING AND PAIRINGS
18DELTA says to (08:29:36): DOES IT MATTER HOW LONG
18DELTA says to (08:29:38): REALLY
18DELTA says to (08:30:09): When a central bank intervenes with a floating exchange rate, the rate is called a "managed float." The method of exchange is still a float, but the bank will provide money if the exchange rates are dropping. The central bank has control over the exchange rate of the currency: if the rate is dropping, they will supply money to bring it up again.
18DELTA says to (08:45:44): THERE CANNOT BE AN RV WHEN USD HAS BEEN ACCEPTED AND IQD HAS BEEN SOLD UNTIL THE CENTRAL BANK HAS CLOSED FOR THE DAY
18DELTA says to (08:46:05): IF THE USD IS $0 FOR AN AUCTION THEN THEY CAN
joejaboah says to (08:46:23): and do they close at our 9 a.m. eastern time??
wmilo says to (08:46:33): So Medic is all we are waiting for is the Technical Computer issues to be resolved...???
wareagle says to (08:47:02): What is your thoughts on EOM, especially knowing that their New Year is the 18th etc.?
18DELTA says to (08:47:07): ACCORDING TO THE ONLY INFO AND EXPLANATION OUT OF IRAQ
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