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10am, December 31st, 2012  


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Our Blog Posts
Happy New Year from Dinar Recaps
Lop vs RV post by IndependentRes emailed to Recaps
Terry K & GET Team Member Chat
Med & Member Chat - Post By Ksdunlap Dinar Speculator
Sunday Night Dinar Chatter, Rumors, and Opinions
Sunday Night HighHopes Post emailed to Recaps
The below posts were in our 6pm email
Late Sunday Afternoon SWFG post emailed to Recaps
Hame55/Kaperoni/ & BlueDog Opinions - Post By Dinar Detectives
"Reap What You Sow" Poofness - Emailed To Recaps
4pm (ET) Sunday Wang Dang Conference Call
Sunday Afternoon Dinar Chatter
Rumors, Opinions and Thoughts from Intel4U Members Sunday AM
The posts shaded in green are on our Iraqi News page
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All of us at Dinar Recaps
wishes all our readers a
Happy and Safe New Year

May all your dreams and wishes

come true in the New Year.

On New Years Eve and New Years Day, we will NOT be sending a 10pm (ET)  Email Newsletter.  Please check our BLOG PAGE for any new posts throughout the evening.


12/31/2012 IndependentRes (Response to Lop vs RV): I don't usually comment in these forums but you've touched on a topic that I happen to know a little about. So, I sat back for a few days and thought about how I'd like to respond.

The recent Lop vs. RV debate is not a new one. For those of us who have owned Iraqi currency for 5 years +, we've seen this, and participated in it, for a long time.

My own personal opinion comes from having done my own research and having personally spoken to Mike Murphy of Kentz co. who recently just won some major contracts in Iraq.

Let's start with the deleting of the zeros. Currently it is cumbersome to carry bags full of money to pay for expensive items which has led to the use USD for those kinds of transactions instead of dinars, something the government wants to end.

This change is inevitable, considering the economy is expecting high growth in the coming years with a planned increase in oil production to finance reconstruction projects. There are 29 trillion dinars in circulation in Iraq, represented by some 6 trillion banknotes of various denominations.

Late Sunday Night:
[terryk] hey all  i don't think i will be back in houston  getting word that the dinar is active in europe right now at .30 being traded - anyone hearing of this -  have gotten 2 calls about this tonight - i dont have any legs on this other than calls coming in

[terryk] tina sorry about your loss  so we sit here an wait  for the word again

[Mimirose] tk if this is true, does that mean we have a float coming in so low?idk

[terryk] did miss waiting 4 rv again

[rgone] tk .30 sounds like it might be speculators though.

[terryk] mimi if it does coume out low  and rgone is right  that this will go thru the roof within 24 hours  speculators will eat it up driving the value thru the roof

[greek1212] tk What about the vnd?

[mimirose] tk Thanks....feel much better now.



Tennessee Gamble: wow





[BOBGETZ6] Per my frozen friend....There was a big meeting in Iraq today with a lot of key people. There was a lot of hugging, smiling and back slapping. It all appears to be good. I have nothing more.  It appears to be very encouraging.

[book2] BOBGETZ6 What is a frozen friend?

[BOBGETZ6] book2 That which is not thawed out. Just trust me.

[SWFloridaGuy] BOBGETZ6 You said key people, which key people?

[SWFloridaGuy] BOBGETZ6 Good to see you by the way and happy new years eve. :)

[BOBGETZ6] SWFloridaGuy Just repeating what I heard, was not informed of the names. Not going to get in a contest. This came from Iraq conatcts of frozen friend.

[SWFloridaGuy] BOBGETZ6 Ok I appreciate you passing it on thanks.

[BOBGETZ6] It  will be in the news tomorrow, per frozen friend.

[SWFloridaGuy] BOBGETZ6 Well, we'll keep our eyes open tomorrow then.

SWFloridaGuy] BOBGETZ6 Now we just need them to start dancing in the streets and we'll be ready to have new years party. :)

[BOBGETZ6] SWFloridaGuy They do that for hangings and weddings as well, so who knows


Highhopes) I have a funny thought....We have the people who only believe the articles and think everyone else are idiots. We have the people who have intel from contacts and sources and think the articles are lies.  We have people who have banking sources, people who think the hold- up is with the IMF or the BIS. People who think Iraq alone is the problem, People who think the corrupt world governments are stalling this for greed or personal agendas.  Then, there are People who think the entire financial world is about to drastically change, and we will have a total redo/ currency, new laws, new everything. Wow.

What if....just what if .......everyone is right???  What if, There is some truth in the articles, some truth in the rumors from the Guru's contacts and sources, What if the bankers are hearing part of the story, what if the forex people are seeing a part of the story.  and what if there really are about to be BIG, drastic changes WORLDWIDE to the financial world that will impact us all???

Im a bit sad to see all the bashing of gurus and name-calling, and narrow-mindedness and negativity of some in Dinarland.   I think it is all coming together and the frustrations and competitions on whose right, who gets to be first to find it,  who wins the blue ribbon or the trophy, who gets the biggest lollipop will be totally unimportant in the long run.

My personal opinion is we should look at the big picture, keep a positive attitude, assume that all the Intel providers are doing their best to help us all figure it out and, we should keep an open mind on what is happening and what is about to happen in the world......I believe This Fairy Tale really will have a happy ending.......

We are all about to be big winners....noone will be in last place and it really will make one heck of a book or movie......IMO    There I    So, Thank you- to all the tireless Intel-Providers who spend so much of their time with us, and Happy New Year everyone and may all your Dreams come True SOON!!!!  HH

The below posts were in our 6pm email

12-30-12 SWFloridaGuy (Forum Discussion): I believe a RV is coming but not due to numbers referenced in their budget. Iraq does not need to RV to open the budget as some claim. Budget increases are partially due to Increased oil revenues that have allowed Iraq to add around $9 billion to its 2012 budget.

Power projects, ration baskets, defense spending and compensation to Kuwait are all major contributors to spending. Iraq has earned $45.3 billion from oil sales and the 2012 oil revenues are expected to exceed last year's which were $82.9 billion.

None of this points to a definitive or required, new IQD rate. In fact, they don't have to meet their budget at all and have survived for years with the IQD at a tenth of a cent. If necessary, Parliament could always adopt a supplementary budget.

12-30-12 Hame55: World Bank and IMF are run by our people....the UN is run by Security Council - of which we have a veto vote and much influence. I am sure Russia stands to profit by the iqd too.

So "going thru" these place to get to the RV is not that bad. I will not presume to speculate on what the hold-up has been. They are just not ready. But I seriously doubt it has to do with Iraq and their internal squabbling. I think that's a side show, along with articles stating timelines for "dropping the zeros." This is too big for Iraq to make this decision alone.

But then again, it is not as big as Bluedog says, that the IQD is going to be the main global reset currency - let's face it: it is a war-torn, third world country with a fledgling currency. It may be one of the basket of reset currencies, if all this "reset" stuff is true.

I personally doubt there is that much global cooperation among money people. There are too many competing interests. I think the reset people just want/fear a global currency reset based on assets. Probably not going to happen if it already hasn't yet.

Greetings and Salutations; the Kingdom of 'Reap what you Sow'. The Indians call this the law of karma. The crap you put out always comes home to roost. Humans have never been able to get away from it. No amount of physical denial can disconnect the connection between thoughts and deeds and its' return to its source. So, as cocky and arrogant that these folks have been, they are headed for places unknown for some reason.

There are some bones in this stew so let your gut push you to the truth. Sometimes the 'facts' are just accepted opinions and opinions are like fly crap. It is everywhere, forming specks on the clearest glass.

Tho the masses have had no idea of what was up for the the global thieves, you can be sure they knew and were given many chances, to get on the right side. They chose the dark side, an impossible position to win from.


PIN 894786#



[xyz] Tony Blair edition.. Do we restore the system we had before the crisis, or can we be bolder and look to renew our institutions and our thinking ... I believe if we are bold, if we renew rather than rebuild along the the old lines, we can emerge from this crisis stronger than we went into it.

[Precious] Babinaoz - Agencies: signed the Joint Ministerial Commission between the federal government and the Kurdistan Regional Government Sunday an agreement was reached between the two sides on Wednesday. He said Defense Minister Saadoun Dulaimi agency had been reached a comprehensive agreement in principle to resolve the crisis between Baghdad and Erbil, are permanently signed during the meeting of the Joint Ministerial Committee between the federal government and the province in Arbil on Sunday.

[Precious] signed today?

peganded] Precious WOW!

[Precious] Iraqi Defense Minister: tentative agreement to end the crisis between Baghdad and Erbil on December 30th ....

Read More
(Dinar Recaps Note: This post is for informational purposes only. It is not legal, tax or investment advice. Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers. The opinions posted here are for informational purposes only and Recaps will not answer any questions so do not email us)

[burk50] Question,Terry K stated if no rv by 31st will cost us Billions,why is this?

[presley] burk50 keep an eye on news this week with the big banks

[burk50] Shining I pray you are spot on Ith all great changes coming,oh how we need Good news and major good changes

[Shining] burk50 me too, but if you have listened to financials over the past few months, they have repeatedly said "global reset" , LeGarde has mentioned it many times as well

[Shining] that is a way of prepping the way for what's to come

[burk50] Shining thx you are right stated several times and you think by 31st,right soooo be great news

[Shining] burk50 lots of world financial situations set the change Jan 1 as well as our own

[best1154] Shining yes thats what so exciting

[Shining] We are literally making HISTORY!!! That to me is the most exciting thing of all this
Read More

The below posts shaded in green
are on our Iraqi News page

Signing of an agreement to end the crisis between Baghdad and Arbil early next year

Security and defense support received provincial security file

Baghdad Alaa al-Tai Shaima Rashid : revealed political sources for leaders reached Baghdad and Erbil to a tentative agreement will hopefully signed in the second of next January in Arbil after what was scheduled today, to end the crisis between the parties and which are drawn automatic distribution of security forces in the disputed areas ", while Committee announced that security and defense parliamentary support received Iraqi provinces security file itself, including the disputed areas.

said the leader of the Kurdistan Alliance, Mahmoud Othman told the" Center Brief for the Iraqi Media Network ": that approval initially between Maliki and Barzani reached on signing of the agreement between Baghdad and Erbil and find a formula for the management of the disputed areas and end the crisis between the two parties. Abizaid: that the agreement reached by a 14-item describes manage affairs in relation to security and control points, according to the agreement will gradually withdraw troops of the disputed areas and agreed on coordination between the Peshmerga and the Federal Army and the involvement of the people of those areas to protect. "In the meantime confirmed the Kurdistan Alliance bloc that meeting, which was scheduled for Sunday in the city of Irbil between technical delegation from the Ministry of Defense and a delegation from the Ministry of Peshmerga has been postponed to next Wednesday.
Read More
U.S. Embassy: We received intelligence information confirms planning to target U.S. interests in Iraq in the coming period
30/12/2012 13:55:41 Sunday

Baghdad (news) : The U.S. embassy in Baghdad for access to intelligence information indicating the existence of targeting U.S. interests in Iraq during the coming period, as called for citizens to take caution.

said an embassy statement received Agency (news) copy of it: received the U.S. embassy in Baghdad intelligence confirms the existence of targeting U.S. interests in Iraq in the coming period and warns its citizens in the event of travel to Iraq or of movement must inform the embassy Bouktoathm. statement added: in case of a Telecom or the Internet on U.S. citizens to go to the embassy in Baghdad.
Defense Ministry delegation postpones his visit to Arbil to next Wednesday
12/30/2012 10:49 AM

Director General of Information and awareness in the Ministry of Peshmerga Government of the Territory Hlkurd ruled that the delegation of the Iraqi Ministry of Defense, who was scheduled to visit Arbil on Sunday to complete the negotiations on the deployment of the army in the disputed areas to visit next Wednesday.

He ruled in a press statement on Sunday that "the province does not know what the reasons for the Iraqi military delegation negotiating to postpone his trip to next Wednesday."

A delegation from the ministries of interior and KRG Peshmerga had visited Baghdad last week and met with a delegation from the Iraqi Ministry of Defense, and discussed several topics, notably moving military forces to areas withheld for the region
Cease their demonstrations against the implementation of their condition .. Year demanding Congress to allocate 30% of the value of the general budget of the provinces with large Sunni
Sunday 12/30/2012 10:55 am

Baghdad _ Ibrahim Ahmed : A source close to the sons of Ramadi coalition about the existence of a consensus of Sunni leaders claim to allocate 30% of the value of the general budget of the densely populated provinces.

Pointing out that they are demanding their representatives in parliament to raise their demands to the Iraqi parliament for approval.

Shaalan said Jumaili in a press statement issued by the Media Center of the coalition that the provinces of Diyala and Ramadi, Salahuddin and Mosul and Kirkuk demanding the allocation of 30% of the value of the budget for the implementation of the projects, noting that their demand for a non-sectarian.
Read More
Protection Officer Issawi acknowledges crimes took place with his knowledge
Sunday, 30 December 2012 14:57

Baghdad Ambassador: News: Iraqi TV broadcast, yesterday evening, recognition of a protection order Rafie al-Issawi and Minister of Finance of involvement bombing of the Ministry of Foreign Affairs, and carry out assassinations ordered by smelting Issawi.

Mahmoud al-Issawi said, order of protection, that he had received "orders from smelting the minister to carry out assassinations," adding that "the protection of al-Issawi were carrying out their operations in coordination with the protection of Tareq al-Hashemi."
Read More
Qusay al-Abadi: Iraq's accession to the World Trade Organization (WTO) "risk in the indispensable" for not having a solid economy
12:11 December 30, 2012

BAGHDAD (Iba) : Counting member Economic Commission Deputy Qusay Juma Abadi Iraq's accession to the World Trade Organization at the present time is not Besalha, and it will inflict major damage, stressing: that Iraq has no economy can join the World Trade Organization, which requires the availability of all the qualifications economy strong to join her.

Ebadi said in a statement singled out by the independent press (Iba) "The economy of Iraq yield economy unilaterally dependent only on the revenues of oil wealth has made him away from the World Trade Organization, pointing out: that Iraq observer member of the organization and can not join the Organization for the lack of integration All the great elements of the economy. "
Read More
Senior Economist: multi-state banks without providing service is a heavy burden on the state
12:15 pm December 30, 2012

BAGHDAD (Iba) : Said an economic expert peace Sumaisem, that Iraq does not have specialized banks real sense of specialization and all specialized government banks operate one work without benefit.

And considered Sumaisem in told the independent press (Iba): the multiplicity of government banks constitute a significant burden on the banking sector and the government as a result of its one but multiple managers and staff who make up the burden on the state budget.

She noted that "all banking laws outdated and not fit in with the change in Iraq's economy to a free market economy."
Read More
Final agreement between the federal government and the Kurdistan Regional Government
30/12/2012 09:21 AM

Babinaoz - Agencies: signed the Joint Ministerial Commission between the federal government and the Kurdistan Regional Government Sunday an agreement was reached between the two sides on Wednesday.

He said Defense Minister Saadoun Dulaimi agency had been reached a comprehensive agreement in principle to resolve the crisis between Baghdad and Erbil, are permanently signed during the meeting of the Joint Ministerial Committee between the federal government and the province in Arbil on Sunday.

He explained that "the parties forward working papers been Andajhma and become closer to the final declaration," adding that "the two papers were converted to the Joint Supreme Committee for passage at a meeting to be held in in Arbil on Sunday."
Read More
Politicians: climb the summit and the 5 +1 meeting and solving problems with Kuwait highlights of the year

Wished to resolve political differences through 2013

Baghdad, Omar Abdel Latif : saw politicians that Iraq's return to the Arab and Multi advanced steps taken to resolve the outstanding issues between Iraq and Kuwait, the two events most prominent during the year 2012.

predicted politicians in exclusives "Center Brief for the Iraqi Media Network "Ban assume Iraq position largest in the surrounding Arab and global during 2013.

has said a member of the Iraqi bloc free Zuhair al-Araji: "The year 2012 was difficult for the Iraqis through the political differences that went through and contrast different visions among all the actors and participants in the political process" ., he added, "In spite of all this, the government and the Iraqi people proved that they want openness and return Iraq to society Arab and international," noting that the most prominent events that occurred during this year is unable to Iraq climb summit successfully after many years of uninterrupted Arabs Iraqis, and these were the beginnings of work in restoring the relationship between the Iraqis and their Arab brethren. "and cautioned that the Arabs are well aware that they have a great in their necks to the Iraqis through history after stopping their side to provide economic support and security for them.
Read More
Customs Territory taxed 5% of the value of imported goods
2012-12-30 17:00:12

The Director of Legal Affairs in the Customs territory of Kurdistan that will be taxed 5% customs value of the goods imported from outside the region for the development of other similar goods produced locally.

said Director of Legal Affairs in the Customs territory of Kurdistan capable Beirut told Agence Naujo news, that all directorates Customs still working according to a decision issued by the civil governor U.S. in Iraq, Paul Bremer, and which provides for the imposition of customs duties by 5% of the value of the goods imported from abroad, and this decision does not include tobacco, which will reach its taxes to 30%, and after other goods that do not tax them.
also added Director of Legal Affairs in the Customs territory there are some goods prevents Estradha to the region in some seasons of the year the interest of the local product and encouraged.

Anbar and the government agree on some points
2012-12-30 18:16:49

The Governor of Anbar Qasim Muhammad Abdul he agreed with Prime Minister Nuri al-Maliki to release prisoners who did not prove convicted, as well as the release of detainees who were arrested they identified with their families.

explained Abdul during his meeting with the delegation of the Bar Association and the Union of Jurists that the decision to a special amnesty will be issued against prisoners Convicted, provided accept the owners personal right dismissal clan, and added that "the rights of the people within the province that is part of the issue prisons will cost the Senate in Anbar province to put them out and delivered to the lawyer concerned."

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