Dinar Recaps 9/8 11am Newsletter

Tidbit Rumors & Opinions - Post By Leo GET Forum

9-7-2012 Dinar Doctor: Iraq does have "fixed books". The cbi financial statements do not reflect two out of the four cbi branches. There is no way to determine the true (audited by Ernest and young) financial position.

Maybe the foreign reserves of all the branches is truly 70 bln use, but I think Iraq's assets total much more. The krg received a three to one exchange for the issue of the dinars we currently hold. I believe that the cbi branches in the north have significantly more assets we are unaware of.

That is why I believe the erbil agreement is so important. The consolidation of the cbi financial statements will be the only true picture of the assets the cbi uses to justify a rate appreciation.
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Med & Member Chat - Post By GLK Dinar Speculator

[guardian] Iraq to revalue dinar and introduce new notes in September 2012 http://www.dinarspeculat ··· eptember ( LINK NOT WORKING - SORRY)

[Med] TY GUARDIAN

[guardian] New banknotes to be introduced in September http://www.dinarspeculat ··· eptember they are old but (link not working cannot find source)

[Med] THIS IS WHY I HAVE HAD AN RV IN THE BACK OF MY MIND YES IT IS FROM FEBRUARY BUT SEE I BELIEVE THIS WAS A HUGE MISTAKE

[glk] Hi Med ! good articles guardian, thanks !

[Med] IT WAS INFO THAT SHOULD NEVER BEEN RELEASED TO THE PUBLIC
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Austin-Powers-For-PM Shares Opinion - Post By Leo GET Forum

9-7-2012 Austin-Powers-For-PM: There is a belief in some circles that this is totally out of Iraq's hands and that the IMF, and specifically Christine Lagarde has the final say of when this RV will be released.

This very well may be true, but the fact is that a country's currency value is directly influenced by its political stability, and right at this moment Iraq has not established enough stability to justify a currency value commensurate with rates discussed.

It would be foolhardy for the IMF director to authorize a massive currency revaluation event if the main linchpin of this whole process has a chance of catastrophic political failure that would quickly devalue their currency. Geopolitical common sense tells us that once Iraq solidifies its political stability through the implementation of Article 140, the HCL, and the Erbil Agreement with the seating of the security ministers, then the IMF will be comfortable enough to pull the trigger on this event.

IMO, the only exception to this would be if there was a massive meltdown of the global financial system that would force the IMF to act before all the puzzle pieces were in place. In that case Legarde would have to roll the dice and hope to heck that things don't poltically unravel, both in Iraq and in Europe.
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News, Rumors, and Opinions in Dinarland Friday Afternoon

[xyz] RV?? lol when will someone at a central bank come up with a name for an emergency monetary programme that doesn't involve yet another dismal acronym? Either someone at the ECB has a dark sense of humour, or the plan is to bamboozle the markets with so many mind-bogglingly complex acronyms that eventually they forget about the crisis and allow the euro to survive.

http://news.sky.com/story/981851/omt-the-ecb-launches-its-bazooka

[xyz] please say aint so!!! The last time the stock market was this high, the Great Recession had just started, and stocks were pointed toward a headlong descent.

http://finance.yahoo.com/news/market-milestone-stocks-return-2007-level-222114667--business.html

[maranatha] xyz wow

[maranatha] the stock market was the last to go then, too

[berberboy] i'm really starting to wonder if maybe okie and the others are being fed a lot of bs to keep them off track and iraq is really in charge of this. so many things have come and gone that this rv would have helped. my other fear is that the rich are figuring a way to keep this to themseleves
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SWFG and BOBGETZ6 Chat at MIG Friday Afternoon

[SWFloridaGuy] Many manufactured rumors, when repeated often enough, seem to become regarded as fact. One example of a manufactured rumor is "Today is Friday and we all know most RVs happen on Friday!!" Complete nonsense. Notice these rumors are spread but they never provide documents or evidence of this and for good reason.

An large currency appreciation event is when the nominal effective exchange rate is revalued by at least 10% or more relative to the previous average level and not only includes the one-time step revaluation, but also a number of smaller appreciation steps that happen within a short time window.

[SWFloridaGuy] Whether a country revalues on a trade-weighted basis as a consequence of the appreciation of the anchor currency, the demise of an old system (bretton woods), the exchange rate regime being changed towards a more market determined rate or if the central bank revalues the central parity of the currency, the one thing they all have in common is they happened over a period of time and weren't part of a "Friday" gift basket.
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BWM in chat at 3S's Friday morning posted by Asells

1+1: BWM do you ever look at foex charts? You seem like the kinda guy who does. What is up with USD/JPY???? It took a dive.

BWM: 1+1 I check them occassionally.... my problem with markets is they are artificially manipulated... I mean who didn't see the rise coming yesterday before the president spoke... everything "looks" great and peachy... then after a dismal speech they will blame it on America's lack of confindence to make it do something else...

lynncool: BWM I try to tell my husband about the minipulated market but he wants me to tell him HOW its done....do you know?

BWM: lynncool ok... so you have a bunch of money... and you buy a bunch of a stock... what happens to the price of the stock, it goes up right? because there is a "demand" for it... so all the little ppl buy into idea this is a new and upcoming stock... NOW, you bought it at say $10 and the price starts to go up because you bought a bunch and everyone thinks it's a hot stock. So the price goes up to $15 and now you sell, and ppl buy it all up because it's still a "hot" stock... then the stock starts to drop and ppl start bailing out as the stock continues to plummet...now who made money? You did.. who manipulated the market? you did... it's all about having the money to "buy in" to opportunities... the more you have, the more opportunity you will be allowed
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Friday Morning Dinar Chatter

[maranatha] hey---just remembered---today is FRIDAY---and you what happens on FRIDAY more than any other day of the week----that's right---an RV

[childofgod] maranatha Today works for me!

[jacque47] 9-6-2012 Footforward: Shabibi was on TV saying they messed up the currency & are reprinting the currency. They have a set of lower denoms already, they were printing another set with the Kurdish language on it but they are not waiting on that. So, why did Shabibi say that? Now that things are not going as they should, they had to have a explanation & blaming the printers was the safest thing to do.

So, yes, Shabibi lied probably for the first time to the people. They are not waiting on Talabani. If they need him, he will come back in. The delegation over there was asked to come, they are helping out with some things. Everything out there says they are pushing for this to happen in September. The banks have been looking for this & some high level people are looking for this. I am still looking for a real high rate and still looking for something today in terms of an RV, so lets see how it plays out

[mbd4049] One of my sources is saying almost the exact thing Foot said
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Deputy of State law in Tehran would be a substitute for Allawi in negotiations

Deputy of State law in Tehran would be a substitute for Allawi in negotiations 2012-09-07 09: 04: 58 Friday

Baghdad (News) : Member of State of law Coalition Deputy from//alnaeli National Alliance, the President's House in Tehran, Iraq Osama Osama would be representative of the Iraqi list and replace the existing President Iyad Allawi in negotiations with political blocs.

Alnaeli said in a statement (News Agency news): that the political crisis has ended and the parties that advocated withdrawal of confidence in Prime Minister Nuri al-Maliki or his interrogation had failed to achieve this, and also failed to create obstacles to the work of the Government, stating: the Iraqi list MP Usama opted as the personality through his head of House to negotiate with blocks on by political differences.

Kurdish lawmaker rule out the formation of mountain force to protect the borders of the Kurdistan region

Kurdish lawmaker rule out the formation of mountain force to protect the borders of the Kurdistan region
07/09/2012 09:07 AM

Babinaoz - Agencies: ruled Kurdistan Alliance MP Hassan Jihad formation of a joint force between Baghdad and Erbil called mountain force to protect the borders of the Kurdistan region.

Jihad said in a statement to Radio tow it difficult to form such a force at the moment and which is witnessing a political crisis between the KRG and the federal government as well as the absence of any reason for the formation of such a force amid a security forces for the protection of the territory and legally recognized.

was Alliance MP Kurdistan Sharif Solomon has revealed in statements to the media about the existence of dialogues between the federal government and the Kurdistan Regional Government to increase coordination to form a joint force deployed on the borders of the region that satisfies both parties dubbed mountain force.
http://www.babnews.com/inp/view.asp?ID=57515

Abdul-Mahdi Al-Khafaji: Kurdistan and Iraqi block reforms

Abdul-Mahdi Al-Khafaji: Kurdistan and Iraqi block reforms 2012-09-07 14: 03: 47 Friday

Baghdad (News) : The State of law Coalition accused MP/National Alliance/Abdul Mahdi Al-Khafaji, Iraq and Kurdistan Alliance list, blocking the reforms through their adherence to the positions the Fitful, noting that reforms are not paper but understandings between political blocs.

In a statement, said Al-Khafaji (News Agency news) on Friday that the Iraqi list coalition and Kurdish positions tense hinders any reforms in place in the political process.

He added: that some attitudes are beginning to change and lists tend to reforms despite the two parties still jerky but the majority position with reforms.

Chapter VII: SLC member confirms Iraq's ability to emerge from Chapter VII during the next phase

Chapter VII: SLC member confirms Iraq's ability to emerge from Chapter VII during the next phase 9-7-2012

Iraq is able to get out of Chapter VII during the next phase, referring to the easing of relations between Iraq and Kuwait after the convergence of views and Iraqi diplomatic success, he says.

Iraq will be able to in the past and probably the next few months to persuade the international community and the Security Council directed from Chapter VII, after he had managed to apply the majority of the provisions of this law and its application on the ground, and after could get rid of the policy of the former regime aggressive toward neighboring countries in particular and the world in general.

Calling the legislative, executive, judicial and political elites to contribute to providing the appropriate conditions to remove Iraq from Chapter VII, and open horizons of cooperation with major countries to be with by Iraq in this regard.

Vic1 & OOM & F Member Chat - Post By SpecialAgentGibbs

Saturday 11am (ET) Wangdang Conference Call

Millionday RobinRedHed and Fresh Friday Round Table Chat

Shredd & Member Chat - Post By Tim724 BondLadys Corner

TerryK posted by Jacque47 at MIG Friday Evening

Tidbit Rumors & Opinions - Post By Leo GET Forum

Med & Member Chat - Post By GLK Dinar Speculator

Tidbit Rumors & Opinions - Post By Dinar Detectives

Austin-Powers-For-PM Shares Opinion - Post By Leo GET Forum

DinarUpdates BGG Friday Night 9:30pm (ET) Conference Call

PTR CC with TOny, Gary and Dr. Todd Transcript by SWI at PTR Part 1

The IQD TeamHighlihgts Summary Replay Conf Call Sept 6Latest Iraq Dinar RV News~~Its All Good