DISCLAIMER: None of the information I share on this site is my own. I simply try to collect the best rumors and information I feel applies to a given day’s news and information that I hear or read about the "New Iraqi Dinar". Those I do speak with, I trust. So, any personal phone calls that I share on the blog, I have reason to believe they are sincere in their intent, and I believe they are in some way connected to those who do know what is going on. As for myself, I am connected to no “source”, just to those who tell me they are. I will never reveal a “contact” of mine, or their “source” for the purpose of giving more grounds or proof of their claims. Just take everything as a rumor and allow it to reveal itself over time. I have no hidden agenda for posting what I deem to be worthy reading. I’m just trying to make this difficult ride easier to follow for my family, friends, acquaintances, and anyone they deem to share this site with. I wish you all the very best! I hope this ride will end soon. It has definitely taken its toll… – Dinar Daddy

Friday, January 22, 2010

KAPERONI POST - Dinar Vets

I was in chat this afternoon and conveyed this to many. For those who missed it I am posting.

I have two main contacts in the banking industry. They are VP's and well connected. One works for WF, the other US Bank. I try often to keep in touch at least once a week to hear anything that may come up regarding our investment. Keep in mind as well, both of these people have dinar so there motives are good intended.

We have all heard the stories one way or another from banks getting notifications to "watch their screen" to peeps saying the banks say nothing or tell them we do not sell or plan to sell or buy the dinar. Up to this point ....all talk.

Today though I got some hard evidence that WF is taking a stand on the Iraqi dinar. My contact was telling that they now have received directive from other WF VP's to discourage people from the dinar. That the dinar is in fact a "scam."

This is there position ever so stupid. We all know the dinar is a viable currency and has value. We also all know that Iraq is rebuilding with potential for the dinar to appreciate. It may be a huge risk, but certainly not a scam.

I mention this today because this is no long rumor but now a corporate direction and decision...for whatever there reason may be.

I encourage all of us to who may bank there to find another bank. To not let WF have the benefit of our wealth.

XXXXXXX POST - 1/22/10 @ 6:14pm EST

XXXXXXX says to (18:14:47): HELLO DS
XXXXXXX says to (18:15:49): NOT SURE IF I AM READY YET OR NOT
XXXXXXX says to (18:16:12): THE NEWS I HAVE IS PRETTY BIG
XXXXXXX says to (18:16:48): IT ISN'T THAT EASY
XXXXXXX says to (18:17:32): HMMM
XXXXXXX says to (18:17:42): I HAVE TO THINK HOW TO DO THIS
XXXXXXX says to (18:17:54): ON DV IT IS EASY
XXXXXXX says to (18:17:57): HERE IT IS NOT
XXXXXXX says to (18:18:34): I DON'T WANT THIS POSTED
XXXXXXX says to (18:18:45): IF IT HITS OTHER SITES
XXXXXXX says to (18:18:51): I WILL CLOSE DOWN CHAT
XXXXXXX says to (18:18:58): AND WILL ONLY POST IN THE FORUMS
XXXXXXX says to (18:19:05): THAT SIMPLE
XXXXXXX says to (18:19:12): SO HERE IT IS
XXXXXXX says to (18:19:22): AND I ALWAYS KEEP MY WORD
XXXXXXX says to (18:19:44): SO YOU SPOOKS THINK ABOUT IT BEFORE YOU RUN TO YOUR SITES WITH IT
XXXXXXX says to (18:19:50): EXCEPT KTF
XXXXXXX says to (18:19:56): THAT IS FINE
XXXXXXX says to (18:20:12): AND YOU CAN SHARE WITH YOUR FAMILY AND CLOSE FRIENDS
XXXXXXX says to (18:20:31): I HAD A TALK WITH xxxxx WHILE HE WAS VACATIONING IN FLORIDA
XXXXXXX says to (18:20:41): HE HAD SOME INFO FROM CHASE BANK
XXXXXXX says to (18:21:04): HE DIDN'T REALLY KNOW WHAT IT WAS. ONLY THAT THEY KNEW SOMETHING.
XXXXXXX says to (18:21:13): SO HE ASKED FOR MY HELP
XXXXXXX says to (18:21:23): SO I CONTACTED MY BEST BUD
XXXXXXX says to (18:21:30): GAVE IT TO HIM.
XXXXXXX says to (18:21:57): AND HE TOOK IT TO CHASE AT THE #5 EXEC IN CHASE
XXXXXXX says to (18:22:15): THEY WERE NEVER NOTIFIED OFFICIALLY BY ANYONE IN THE US
XXXXXXX says to (18:22:19): BUT
XXXXXXX says to (18:22:34): THEY WERE GIVEN A HEADS UP BY TBI IN IRAQ
XXXXXXX says to (18:22:42): SINCE THEY OWN PART OF IT
XXXXXXX says to (18:22:51): THE HEADS UP WAS 10-14 DAYS
XXXXXXX says to (18:23:20): LOOKING AT THE EOM JANUARY AND NLT FEBRUARY 7TH
XXXXXXX says to (18:23:30): NOW THIS IS NOT AN OFFICIAL CONFIRMATION
XXXXXXX says to (18:23:42): ONLY A HEADS UP TO CHASE BY TBI
XXXXXXX says to (18:24:07): SO THAT IS WHERE WE STAND NOW WITH HOW THIS WAS STARTED AND HOW PASSED ON THE INFO TO US BANKS
XXXXXXX says to (18:24:16): THAT IS IT
XXXXXXX says to (18:24:18): NO RATE
XXXXXXX says to (18:24:22): THANK YOU
XXXXXXX says to (18:24:25): ALL DONE
XXXXXXX says to (18:26:31): I CAN TELL YOU THIS IS FACT BASED
XXXXXXX says to (18:28:51): NOW AS I SAID THIS WAS JUST US FINDING OUT WHAT PUT THE BUG IN THE BANKS EARS TO CONTACT BRANCHES
XXXXXXX says to (18:30:09): I WAS GLAD I FOUND OUT
XXXXXXX says to (18:30:17): I WAS UPSET WITH THE BANKS
XXXXXXX says to (18:30:36): I THOUGHT THEY HAD ACTED IRRESPONSIBLY
angelrod says to (18:30:54): just for peace of mind...when did the 10-14 day window start?
XXXXXXX says to (18:31:14): I FIGURED AFTER ALL THE COMPLAINTS I GOT TO STOP THE CALLS
XXXXXXX says to (18:31:26): THEN THEY LEAK OUT INFO TO THE BRANCHES
XXXXXXX says to (18:31:37): AND IF IT WASN'T LEGITIMATE INFORMATION
XXXXXXX says to (18:31:47): THEN THEY DESERVED TO HAVE PEOPLE CALLING
XXXXXXX says to (18:35:43): JUST WAS TRYING TO FIGURE OUT WHAT WAS THE REASON THEY CONTACTED BRANCHES TO LOOK FOR A CHANGE IN THE IQD TO COME TO THE SCREENS
XXXXXXX says to (18:36:06): AND I KNEW IT WASN'T THE TREASURY WHO GAVE THE INFO OUT
XXXXXXX says to (18:36:38): SO I COULDN'T FIGURE OUT WHO COULD HAVE ENOUGH CLOUT THAT A CORPORATE BANK WOULD TAKE SERIOUSLY
XXXXXXX says to (18:36:55): MY BUD HAD GUESSED TBI OR WARKA
XXXXXXX says to (18:37:20): THEN AFTER A WEEK
XXXXXXX says to (18:37:26): WE FINALLY GOT THE ANSWER
PWDawg says to (18:37:46): could it be that this started last weekend? the contact from TBI?
XXXXXXX says to (18:38:02): YOUR GUESS IS AS GOOD AS ANY
XXXXXXX says to (18:38:23): WHAT I SAID IS EXACTLY WHAT I KNOW
XXXXXXX says to (18:38:32): NOTHING MORE AND NOTHING LESS
neo: Ok I have several members asking what is the TBI? For those of you who are new to this, the TBI is wholly owned by the Ministry of Finance. It was established in July 2003 to facilitate Iraq's international trade and the reconstruction of the country after the expiration of the UN Oil-For-Food Program. the TBI was the first bank to introduce Visa cards and ATMs in Iraq. The Bank plays a significant role, in developing Iraqi infrastructure. Not as thorough as XXXXXXX but I hope this helps

FRANK26 - KTF Missions 1/22/10

I am pleased that most of You understood why I offered You a cup of Green Tea with Popcorn yesterday. In fact I was impressed that You posted the pic of the Tea itself………….. Did You notice the Rice? It was early last year when I did a long posting explaining how about four years ago over 300 million Chinese told Mom and Dad ………….. I love tradition but I’m going to the city to find my “new” way of life. This influx was due to China’s “new” power. Trade ……….. With great profits! Of course much was made easy for China to reach this “new” level. But the point is that China was a sleeping giant that was awoken in the economic world. This massive exodus of young Chinese from their villages to the major cities created a great hunger for oil. More powerful than what the US hungered for in the 50’s when we invented many patents ………that required oil. At that time the US population was around 300 million. What drained our Texas oil was nothing more but a burp to China a few years ago. It has gotten to the point due to their financial success that their thirst for oil may actually know no limit. Just the roads alone that were needed and created in the last few years in China required a tremendous amount of oil to produce the asphalt. Family there is so much growth in China that they have changed the state bird to a crane………because there are so many of them all over the country constructing skyscrapers. We dumped the tea into the Boston harbor to protest at one time………but I’m afraid it’s a different story this time around. We have to drink it. China comes out saying that they have a 10.7% increase in their country’s revenue………..just in the last fourth quarter. Unbelievable! Then China comes out rather ungratefully IMO……..and starts to sell T bonds in the open market. This puts great pressure on O to do something about our American dollar. Not sure what he can really do………his popularity has been cut in half not only in the US but around the world. I have noticed that he is not being taken seriously………..so he sends out his administration. China needs oil! O needs to save the American dollar. IMF and UN (USA) ………..have a hold of Iraq that possess a great portion of the world’s oil. Remember a few days ago I told you that the VP of Iraq was coming to see O and our Secretary of Defense…………well he did. I also told you that they would be taking it to the other side of the pond to continue their conversation……….well they did. Biden is over there supposedly yelling at them for the Black List because other countries are saying hey you can’t do that along with the US. He is supposed to be visiting the troops but nonchalantly he also mentions that he is going to visit the banks. ARE YOU KIDDING ME?!!! What in the world does the VP have to do with banks? Unless O sent him over there to encourage M and the CBI to make the announcement and relieve the pressure that China is putting on him. Might as well send somebody over the pond back to our side again and sure enough………we see Brazani the Kurd’s President in Washington DC………..I bet you he’s having tea with popcorn in it. That’s the type of tea that swells with rice. Let’s see………..Iraq needs imports and one of them being food……..I wonder if China has any rice to export? Now China needs oil ……….I wonder if Iraq has any to export? We see that the barrel of oil is around 78/77 dollars now………if you recall a little over two weeks ago I told you that this was a part of The Plan. But I also told you that it could only maintain an 80+ figure for two weeks. This is what we are seeing………but I am also pleased that it is staying within reaching distance of the 80+ figure. You see their estimates were based on $60 a barrel not 80. This margin has become a safety valve to prevent more delays. On top of that………..where some argue that it is unlikely for the IQD to come out at 3+ ………..this safety valve begs to differ. So when I told you this past Wednesday to pray for today, Friday……….I expressed to you that it was a day that could be instrumental for the announcement. Biden is definitely visiting the troops but he is correcting the GOI’s political etiquette and IMO……..pushing the banking systems of Iraq. Just the way China seems to be pushing ………..everyone else. IMO…….this can only be good.


I wanted you to have a cup of tea with me because it has a tendency to calm a person. The popcorn was to tell you that China is an important catalyst to get things popping with world currencies and the IQD being one of them. While the rice would be a good reason to trade…….sense they have such a hunger for oil. We need to be calm during these end times ……….or ……….last days. Intel says that everything that can possibly be done……..has been definitely accomplished. IMO…….it is never good to rush anything so a good cup of tea can do what my dots do……….they slow you down. Why should we rush the eagle to combat the bear. Many have always felt that the Bear was Russia but they are gone. From the land of Iraq will rise the Beast once again. What if he had a good relationship with the Bear and was the cause to give them the fuel required to rise? He could give all the oil to one of the most powerful communist countries that has the ability to wipe out 3/4th of the world’s population with their army. Yes…….the Russian Bear is gone but we should not quicken the rising of the Panda Bear that represents China. God’s Word was in the beginning…….is……and forever shall be. Let it come……….at God’s pace. In the meantime ……….anybody want a cup of tea?


Kudos to all of you Family ……..I point you in the right direction with my Blue Couch and you did a wonderful job in studying too . Please take my window and apply it to O’s State of the Union speech this Wednesday on the 27th. Bush said that the American tax payer would not have to contribute anything to the Iraqi war. Of course he did not go on to explain the mechanism called ……….The Plan. Technically O could say Wednesday that Iraq is a sovereign nation and CH7 has been satisfied…….lifted. Then he could go on and explain how his stimulus package and health care program have a prayer now. Especially since the blow in Massachusetts. You see he’s a Democrat and would not take any flack from ………..The Plan. Then two days later……….it’s the 29th ………the start of my window. I have no idea what’s going to happen with his speech ……….just point you in the right direction.


There sure are a lot of oil deals being signed and the Kurds bending over backwards to be productive and profitable with all of Iraq’s oil. They have even given them future credits for the oil that is in the ground. This oil is high in viscosity ……..high in carbons and relatively easy to pull out of the ground. These three factors make this regions oil the finest in the world. Iraq sits on a huge footprint the size of lake Michigan of this oil. They are rated #2 in the world ……….NOT!!! When the smoke clears Family…….you will see who’s #1. Our contacts in Iraq may not have the advantage that we do…….due to our freedom of press that is a little more advanced than theirs and along with better technology to distribute news. They may have lacked the type of intel on the IQD’s status that we are privileged to. But every step they take in the sand……….leaves a footprint of oil that seeps to the surface. When they now see oil contracts being signed left and right along with investors snooping around their country looking for a niche for themselves…………they can’t help but to notice. It stimulates the quest for more knowledge……….hey what’s going on? In this month of January…….IMO…….our team has noticed an acute awareness that the IQD is about to awaken. It causes them to flash back and remember when Shabibi said that the IQD will come back to the values of the 80’s and 90’s. Below is a communication from a source that was in Iraq for a few years but is back home now. Look at what one of their friends is now saying.

Hi Tink and Frank....long time no see...haven't been able to sign on, so have been hit and miss lately.


xxxx told me that you guys were going back to work at the restaurant and that Tink you need surgery... I will continue to keep you both in my prayers.

ok...xxxx called me last week but I wasn't able to get in touch with him until today. He for the 1st time since I've ever spoke with him about the dinar was excited, he used to tell me at back at USMI that it would never happen. He said that he's heard from his family back in Iraq that the dinar will soon be worth more than the USD, he couldn't talk freely as he was at the doctor's office with his wife, they were able to see their babies in 3D today. I will try to talk with him again in a couple of days to see if he can tell me more of what he is hearing from Baghdad.

Rest Well


I am working on two new intel leads. One deals with a bank and the other defines the window a little better. I will not be posting Saturday or Sunday and will ask BRASS to lead us spiritually on those days. Notice that even on the days that I do not post I usually end up posting heavily within that thread. I am always at KTFM and read every posting. If there is something that approaches in the still of the night………I will let you know quickly. According to our sources the announcement can come at any time. But I stick to the window I shared with you yesterday until it expires. I will ask for your prayers for Monday. I will be meeting with some city supporters that require some info on The Plan because they will be contributing an x amount of dinars to my city’s mayor. In these hard economic times it would serve us well………..to think outside the box. I have always thought differently so I have been privileged to give them a report. Please fellowship at KTFM and show the world just exactly what our Father was talking about……….Love. My Christian love to you all and Alohas.


KTF,


Frank

RED HERRING: IRAQ

Shawn Baldwin/Bloomberg

Compared to what we've seen before—and what might have happened—the overall story is remarkably positive. For the markets, Iraq is suddenly an opportunity. Institutions are becoming legitimate (even with the unresolved Kurdish issue), the army is starting to function, and most important, political leaders from all communities are beginning to recognize the value of Iraq's tremendous natural resource base from which all can benefit if they make compromises to maintain the country's stability. For all the basic governance problems, there's very little chance of Iraq becoming a failed state at this point. As recently as a year ago, that constituted a meaningful risk.

ADAM MONTANA POST - Dinar Vets 1/22/10

Adam Montana] randy0017 what itme is it where you are?
[govets] Nance k
[randy0017] 9:42pm
[jduncan] In New Iberia?
[Adam Montana] randy0017 send me a PM when you get a minute please
[mac lightning] BIDEN in Iraq....hhmmmmmmmm
[Adam Montana] hey room
[Adam Montana] I heard a rumor about me
[mac lightning] hey adam...wazup???
[randy0017] Unfortunately, I don't see anything other than what ya'll see.
[new] jduncan Yes Air Log
[mac lightning] now what did you do???
[jduncan] I live in Texas
[74mako19] good looking?
[jduncan] I have a couple of friends in New Iberia
[Adam Montana] someone said I was packing my bags and leaving the site
[Tiberius] hey all
[new] jduncan So do I
[vmike64048] really?
[renegade321] HAy addam have you checked out chazmans post?
[kizer8] Hello All. Any new news or rumors?
[countrybumkin514] Really...
[Adam Montana] renegade321 link please?
[74mako19] NO WAY
[renegade321] daddys page
[mac lightning] If you pack....I hope its for Iraq to cash in
[Adam Montana] so the truth is I'm not leaving. If the RV happens this weekend I have another site ready to go for Post RV
[Adam Montana] that's not released until after RV though
[Adam Montana] I did get an email from my CBI contact
[74mako19] Great we need help post rv
[mac lightning] 'Adam...been a while since I've heard it from you...what is your latest take on the investment and rV potential??
[stglenn] and?
[Adam Montana] he told me some stuff on wednesday about the budgetr
[stglenn] and?
[Adam Montana] you all know how I am... I'm not spouting off rumors until I confirm it
[Adam Montana] I expect to hear confirmation next business day for the CBI
[randy0017] Adam Montana PM sent
[Adam Montana] that's what, Sunday morning for us?
[Adam Montana] no
[Adam Montana] yes
[mac lightning] confirmation of the budget???
[Adam Montana] early Sunday morning
[bringiton] y
[countrybumkin514] Randy0017...where are you?
[warrengz] Adam Montana Yes sir and will be posting it here
[stglenn] umm i think so
[Adam Montana] mac lightning that and a couple of other things
[mac lightning] cool thx
[randy0017] countrybumkin514 Base south of Mosul.
[shanny] confirmation of RV?
[Adam Montana] So.. if you don't hear a rate by Sunday morning, I'll come into chat and explain the rest
[Tiberius] we have a very strong window for a RV this weekend I think, just my opinion
[mac lightning] awesome thx Adam
[Adam Montana] that's it for now. Stay calm

CHAZMAN POST - One Dinar 1/22/10

I have followed the CBI's daily auction for a couple months now, probably 70 - 80 auctions. I like to follow this because it’s the one place where we can see what Shabibi is actually doing with the exchange rate. The auction consists of two parts, the "cash" part and the "transfers out" part.

In the cash part, CBI manages the exchange rate by either buying or selling IQD. For the past year, CBI has always been selling IQD in order to maintain the exchange rate. This is what we would expect - as people expect the IQD to increase in value and as Iraq moves from using USD to IQD for transaction (de-dollarizes), CBI needs to put more IQD notes into circulation. Otherwise the exchange rate would go up.

In the transfers out part, CBI manages that exchange rate by acquiring foreign currency reserves and engaging in other central banker transactions that I don't understand. The parliament recently rejected a move by the government to raid the reserves that Shabibi has built up to fund the budget deficit. Shabibi has used the auctions to keep the IQD at about 1170 to the USD for over a year, despite the fact that the USD has been up and down (mostly down).

Normally CBI posts the auction results on its website to show the official exchange rate that resulted from the auction. Here's a link to Thursday's auction results: http://www.cbi.iq/exchangerate.html The CBI posts only the total amount of dinar sold at the auction and does not provide a break out of the "cash" and "transfers out" segments of the auction. Normally it provides the press with a release that does provide this break out, which is picked up by Aswat al Iraq.

On Thursday, for the first time since I started following this, there was no mention of the CBI auction in Aswat al Iraq. This means that I can't determine the amount of cash IQD notes that were purchased on Thursday, which I like to watch because I would expect a sharp spike if the Iraqi bankers were expecting the value of the IQD to increase - they would be very eager to swap USD for IQD.

I thought that maybe the release was delayed, so I checked again today and it still had not been posted. Also, Aswat al Iraq usually has a story on Friday that summarizes the CBI auctions for the entire week. This also has not been posted today, although there are stories regarding the ISX results for Thursday and for the entire week. http://en.aswataliraq.info/?cat=4

I am just speculating, but perhaps there was a sharp spike in the cash portion of Thursday's CBI auction, which the CBI did not want to reveal. The total amount of the auction, $131.6, was relatively strong but without the breakout of the cash portion its tough to draw any conclusions.

Maybe we will see a story on Saturday or Sunday about the CBI's Thursday auction results but if we don't, perhaps something is brewing!


CORRECTION / CHAZMAN DEBUNKING PART OF HIS SPECULATION IN A "PM" TO ME (Dinar Daddy):
DD,
I just posted that there is another place on the CBI website that shows the cash portion of the Thursday auction and it was pretty low, which debunks my speculation. But, just doing the explanation of the CBI auction helped me understand it better and hopefully will help some other. Take care, Chazman

6TH GCC ECONOMIC FORUM

February 24, 2010
Dubai, UAE


The forum through many live regional case studies will focus on the impact of the latest world financial crises on GCC economy and its future, economic practices, better trade policies, and financial and banking systems that create a sound platform for robust business in the region. The event is an opportunity for delegates to explore the possibility of developing a stable business environment within the region where they can develop mutually beneficial business options.

Through a look at innovative ideas and success stories from other developed countries, this forum will shed light on all the factors that can possibly contribute to the development of the regional economy. It will also discuss moving beyond an oil based economy and entering an era of manufacturing and industrialization.

Who Will Attend?

Senior executives and experts with an interest in the progress of the GCC economy will attend the conference, including:

High-ranking Government Officials and Representatives
CEOs, Presidents, Chairmen, Managing Directors
Bankers, Economists, Financial Analysts
Leaders of Business Councils, Chambers of Commerce and Industries
Business Organizations
Academic, Researchers and Media

http://www.datamatixgroup.com/confer...nda.asp?id=550

http://www.datamatixgroup.com/agenda...ONOMIC.pdf?804

XXXXXXX & MAILMAN17 CHAT - Dinar Rumors 1/22/10

7:21 AM [XXXXXXX] OK SONNY TOLD ME THAT HE HAD CONFIRMATION FROM HIS SIS'S CORPORATION THAT FOR SOME REASON BRANCHES NOT ALL WERE GIVEN A HEADS UP
7:22 AM [XXXXXXX] AND ALSO THAT HE DIDN'T KNOW ALL THE DETAILS EXCEPT THAT MONTANA IS TELLING HIM THAT HE HAS BIG NEWS THAT CONFIRMS THE IQD IS COMING OUT
7:22 AM [XXXXXXX] NOW HE DOESN'T KNOW WHAT IT IS
7:22 AM [XXXXXXX] BUT HE ALSO GAVE ME SOME CHASE INFO
7:22 AM [XXXXXXX] AND WANTS ME TO GIVE IT TO LANACHY FOR HIM TO RUN WITH IT
7:23 AM [XXXXXXX] LAN AND HIS BUD AT CORPORATE KNOW HOW TO MANIPULATE CHASE
7:23 AM [XXXXXXX] AND THE TREASURY
7:23 AM [XXXXXXX] NOW HE IS SAYING IT CAN BE ANY HR
7:23 AM [XXXXXXX] THAT IS HOW CLOSE WE ARE
7:23 AM [XXXXXXX] BUT HE ALSO AGREES WITH US STKING WITH LANACHY
7:24 AM [XXXXXXX] I AM STKING WITH THE HORSE I RODE IN ON
7:24 AM [XXXXXXX] NOW AS I SAID IF MONTANA IS FINALLY RIGHT
7:24 AM [XXXXXXX] GREAT SOONER OR LATER SOMEONE IS GOING TO BE
7:25 AM [XXXXXXX] NOW FIRST ALL YOU GET THIS IN YOUR MINDSET
7:25 AM [XXXXXXX] IT IS COMING AND WILL BE DONE
7:25 AM [XXXXXXX] SO FOR ME THAT IS ALL I NEED TO KNOW
7:25 AM [XXXXXXX] THERE IS NO ESCAPING THE RV ANYMORE
7:26 AM [XXXXXXX] I PERSONALLY DO NOT THINK WE HAVE ANY LEGISLATION TO WAIT FOR AND EXCEPT FOR THE BUDGET WHH MAY HELP US BY THEM NOT APPROVING IT
7:26 AM [XXXXXXX] IT MAY FORCE THE USE OF THE ERM
7:27 AM [XXXXXXX] NOW ONCE THEY DO AND IT IS ON THE MARKET
7:27 AM [XXXXXXX] THERE IS NO TURNING BACK
7:27 AM [XXXXXXX] NOW IF IT COMES OUT LOW BECAUSE OF THE ERM
7:27 AM [XXXXXXX] DON'T FRET
:27 AM [XXXXXXX] IT WILL RISE AND THAT WILL BE FUN TO WATCH
7:27 AM [XXXXXXX] THEN YOU CONTROL WHEN YOU WANT TO EXCHANGE
7:28 AM [XXXXXXX] BECAUSE THERE WILL NOT BE ANY DEADLINE
7:28 AM [XXXXXXX] THAT IS ALL I HAVE UNLESS YOU WANT ME TO MAKE UP SOME LIES
7:28 AM [mailman17] AND LETS GO A BIT FURTHER INTO DETAIL...IF I MAY?
7:28 AM [Mustangsally42] ty XXXXXXX
7:28 AM [XXXXXXX] YW
7:28 AM [thehawk] Great news, thanks
7:29 AM [mailman17] WHAT DOES IRAQ NEED SO DESPERATELY?
7:29 AM [brownbaby] money, a budget, security
7:29 AM [running waters] water electrity and RV
7:29 AM [mailman17] INVESTMENT...
7:29 AM [mailman17] INFRASTRUCTURE
7:30 AM [mailman17] WILL INVESTMENT COME WITH THE DINAR AT 1170?
7:30 AM [OIF_Vets_for_Dinar] Get their curreneny tradeable on the international market
7:30 AM [marckswoman] No
7:30 AM [Veritas] Even though there may not be a deadline to exchange, do you think there will be a deadline to turn in big bills.
7:30 AM [mailman17] THAT IS WHAT WILL DRIVE THE DINAR
7:31 AM [mailman17] THEY NEED A STABLE BASE OTHER THAN CURRENCY AND OIL;
7:31 AM [mailman17] AND THAT IS EXACTLY WHAT A RV WILL BRING
7:31 AM [mailman17] FOOD FOR THOUGHT....
7:31 AM [mailman17] OK...THANKS XXXXXXX...

JAMESBANK POST - Dinar Vets 1/22/10

My Mother went to Chase Bank today to ask if there would be a problem wiring money to her account as she was expecting to be coming into a large sum of money when she cashed in her Dinar. The woman she was talking to was an officer of the bank and she has seen my Mother in there often and she said to my Mother "Yes I'm aware of the Dinar it will be going up in value very soon" and she continued to warn my Mother that there are many fake Dinar out there to be concerned about to which my Mother told her that she had bought hers at a very reputable dealer and the woman said " Good for You!" They exchanged goodbyes and my Mother left and she called me tonight with the good news!

XXXXXXX CHAT - 1/21/10 @ 9:50am EST

Speaking of Iran in the first part...

THEY WENT TO AN EXPANSIONARY MONETARY POLICY, BUT THEY ARE ISOLATED BY THEIR OWN GOVT. MINIMAL EXPORTS AND ARE CONSIDERED A STATE THAT SPONSORS TERRORISM. THAT LIMITS VERY MUCH WHO WILL OR CAN DO TRADE WITH THEM. THE PROBLEM IS REVENUES. THAT IS USUALLY WHY A COUNTRY LOPS. THIS WILL BE A LOP I DO BELIEVE. SAME AS KOREA AND VENEZUELA. ONE THING THIS DOES SHOW IS THAT MANY OF THE COUNTRIES IN THE GULF ARE MAKING CHANGES AS PREDICTED. NOW ONE THING IS THAT EVEN THOUGH IRAN LOPS AND INCREASES THE VALUE OF THE RIYAL.

THEY STILL MUST BE ABLE TO BACK IT. THAT MEANS BY FOREIGN CURRENCY ASSETS AND REVENUES. OTHERWISE, THE HYPERINFLATION WILL CONTINUE, AND THEY WILL BE BACK IN THE SAME SPOT VERY SOON. I PERSONALLY BELIEVE WE ARE GOING TO SEE THE VALUATION OF THE IQD WITHIN THE NEXT 25 DAYS. NOW THE FIRST WEEK OF FEB IS A GOOD LOOK. THIS IS BECAUSE WE FEEL THAT FOR WHATEVER REASONS THE POWERS TO BE NEED A MONTH FOR THIS TO BENEFIT, BUT ALSO NOT FADE OUT. TOO SOON AND THE IRAQI PEOPLE MAY REALIZE THAT AN RV IS ONLY A VERY SHORT TERM RESOLUTION.

I ALSO THINK THE BEST WE MAY SEE IS SOMEWHERE BETWEEN THE EURO AND POSSIBLY MID 2 PLUS. BUT I FEEL PERSONALLY IT WILL COME IN RIGHT AROUND PAR WITH THE USD, AND THEN THE MARKET WILL MAKE OR BREAK IT. I DO NOT THINK THE MARKET WILL BREAK IT. I THINK YOU WILL SEE A QUICK SURGE AND POSSIBLY HIT CLOSE TO 3 PLUS, BUT THEN WILL SETTLE BACK DOWN DRAMATICALLY BECAUSE OF THE FACT THOSE WHO BOUGHT IN LATE WILL ALSO SELL OFF, AND THE INCREASED LIQUIDITY WILL DROP THE PRICE BACK DOWN AND SETTLE ABOUT PAR WITH THE EURO. SO WE MAY HAVE A WINDOW OF OPPORTUNITY FOR SOME SERIOUS COIN.

ONCE THE OIL COMPANIES REALLY DO GET THE FIELDS RUNNING, THE PIPELINES ARE IN AND THE REFINERIES ARE FINISHED IN THE NEXT 15 MONTHS, THEN IRAQ WILL TAKE ANOTHER HUGE SURGE IN THE IQD UPWARDS, AND THEN AGAIN SETTLE CLOSE TO WHAT THEY WANT... THE $3 PLUS RATE. I BELIEVE IT WILL START AFTER THE 1ST WEEK AFTER THE EXCHANGE.

A LOOMING POLITICAL CRISIS IN IRAQ

Power Line Blog: John Hinderaker, Scott Johnson, Paul Mirengoff
http://www.powerlineblog.com

A looming poltical crisis in Iraq

January 21, 2010 Posted by Paul at 10:28 PM


This Washington Post editorial discusses a serious and under-reported problem in Iraq -- the disqualfication of more than 500 would-be candidates in the upcoming parliamentary election. Most of the disqualified candidates are Sunnis who once supported the Baath party to one degree or another. Some of them are prominent leaders, including the current defense minister and the head of a major political bloc.

As the Post argues, if the ban stands, it will mean that an election that once promsed to be one of the most free in the history of the Arab world has been badly degraded. In addition, the ban might reignite the sectarian warfare that looked as if it might tear Iraq apart before the 2007 surge. There is already some evidence that this is occurring.

The Post urges the Obama administration to use its leverage to have the ban moderated so that legitimate Sunni leaders can get back on the ballot. And it notes that Vice President Biden has been "working the phones" for this purpose.

But it's not going to be easy. Prime Minister Maliki appears to support the ban, though president Talibani does not, and has asked for a ruling on its legality.

There have been times in the past when the political situation in Iraq was in crisis and the U.S. was able to knock heads and hammer out a settlement. But that was before we began our rush to exit the country. As things stand now, it's not clear that we have any real levearge in Iraq.

Thus, Biden can talk from now until election day (for him, a labor of love). Unless the Shiite leaders reach the counterintuitive (for them) conclusion that they have more to lose than to gain by excluding so many opposition candidates, it will be to no avail.

http://www.powerlineblog.com/archives/2010/01/025443.php?format=print

QUORUM OF THE HOUSE OF REPRESENTATIVES PASSED LAW OF PROTECTIONS WITHOUT OTHER IMPORTANT DECISIONS, TO THE SURPRISE OF THE IRAQI STREET

With amazement and astonishment on the Iraqi street, after a quorum of the Council of Representatives on Wednesday on a tip after the recent meetings have seen a lack of quorum of members as forest gaps during this meeting the Council voted unanimously to pass a law protections of the deputies.

The Iraqi Council of Representatives vote on this resolution without other decisions that concern the people and the most important of which laws to provide services and adoption of the budget broken so far and the resulting delays in projects that are under development and new projects as well as the late adoption of more than 115 thousand new career degree during the year 2010.
Mr. Mohammed al-Musawi member of the province of Najaf said in an interview (for the Media Center of the communication) that it is unfortunate members of the House not to take into account the interests and feelings of the Iraqi people and not to accelerate the adoption of important laws that concern the people and ultimately the citizen was able to distinguish what is the fittest of the people and their representatives during the next phase.


Belonging to Mansour Mohamed Ali says, "We rejoice when a quorum of members of the Council and discuss the laws that concern people, but with deep regret that the important decisions are not taken not vote on it so far and remains disabled where there was disagreements and bickering among the political blocs that have not been able to overcome people's interest at personal interests ".

The citizenship Balqees Ali says, "It is the duty of the House of Representatives obligation to attend all the meetings for discussion of issues of concern to the people and the approval of the citizen to be a major motivation for re-election for a new session, but this did not occur, we notice the absence of most of the members on the meetings which address topics of concern to the citizen's life One of the most prominent adoption of the budget for the year well and which depends upon a number of projects as well as the ratification of the new grades waits impatiently for the unemployed. "

It is noteworthy that the majority of the House of Representatives approved on Wednesday the members of the protections the law of the House of Representatives According to this law will turn more than 8250 component of protections members of the House to the ministries of defense, interior, will receive salaries of these ministries will be similar to their counterparts in the ministries.

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