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10pm, June 13th, 2012  


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Our Blog Posts
Studley Q & A at 3SIntel...Thurs. evening
BWM in 3SINTEL Chat Wed. Early Evening
The posts shaded in green are on our IRAQI NEWS page
The IQD Team~~Highlights Summary Replay Conf Call June 12~~Latest Iraq Dinar RV News~~Full Speed Ahead
Okie Posts at OOM Wed. Afternoon
BGG's Dinar Updates Blog for Wednesday
PTR CC for Wednesday afternoon
Opinions and Rumors in Dinarland Wed. Afternoon
Chatter in Dinarland Wed. AM
DinarWishes at 3SINTEL Wed. Morning
These posts shaded in green are on our IRAQI NEWS page
The below posts were in our 10am email
One National Prayer Call Today Posted by DebTarHeelGirl Wed. AM
PapaBear Bank Code Clarification at MIG and Intel4U Wed. AM
Encouragement and Prayer From DebTarHeelGirl Wed. AM
Bluedog Update - Post From GET Forum
Gypsy Vardo Comments - Post...From Dinar Detectives
TFK Comments - Post From...Dinar Detectives
Early Wednesday Morning 6-13-2012 SWFloridaGuy Post
Scooter Q & A - Post By Oogie BondLadys Corner
BellaGrits in chat at Intel4U Tuesday night
Steve and Ray Update from Peoples Dinar Emailed to Recaps
© Copyright DRT Distribution, LLC All Rights Reserved

Looking to read Iraqi news stories
Check out Dinar Recap's IRAQI NEWS RECAPS page


[Studley] AndieZ thanks for having me

[E2012] Is there any truth to the smart cards being activated?

Studley] E2012 that is the latest rumor, I am a lot more skeptical than everyone else, so I am checking on validity

[modynell] Do all groups have the same banks listed to call for appts at and exchange?

[Studley] modynell I only know bout the groups I represent, Generals/Studley group, DebTarHeelGirl group, Dane's Group, and Terry's group, and our leadership is interested in helping ALL people, that is why this is a grass roots effort, we keep it simple, as long as the code is not posted in public forum you will benefit from the highest group rate

[..tigger1] Do we have to be in a group to get the good rate?

[Studley] ..tigger1 no you just need to get codes from others in groups, or sign up, using only emails at Dinar Recaps, to receive code for exchange

xyz] BWM is this week another of regular rv-less week?
[BWM] xyz I don't think we can look at it that way... I mean, I can't really rule out it happening at this point... unless I hear something changes

 [dealdoctor] BWM Have you any confirmations of any what we read on Recaps of a rate in country of $2.72, smart cards being issued, CNN&CNBC speaking of Thursday Global reset, a speech by O tomorrow,? I mean there is so much out there it is very hard to know what is real.
[BWM] dealdoctor what I have so far says cards not active (as of couple hours ago) and cannot get confirmation on the cnbc special for tomorrow night (trying to determine if this is a preemptive project or what)

wango] BWM Are the 800 call centers still staffed and awaiting calls Post RV?
[BWM] wango those centers while staffed will probably not ramp until complete announcement... understanding that a remote center like that, while ppl are important the biggest key to success with such an operation would be the ability to add the necessary number of additional lines

[wango] BWM I was told centers we fully staffed with 60 plus at each Regional center with IT staff on site
[BWM] wango I know for a fact they have been expected this for some time... hence, the memos not once but twice daily... so the fact that they would have things in place to handle this is not surprising

dealdoctor] BWM I would just bet my last nickel that bankers would find some way to answer the dang phone if millions of dollars was calling. That is one worry I do not have
[BWM] dealdoctor no doubt..

BWM] ok guys... gotta run for a bit... will be back after Studley's q&a tonight...

The below posts shaded in green are on our IRAQI NEWS page
Urgent ... Deal behind the scenes: Allawi gets the presidency of the Council and the political powers of a full retreat from the withdrawal of confidence from the Maliki
06/13/2012 20:54

BAGHDAD / Knights of hope: A source in the Iraqi secret meetings taking place behind the scenes between the lead in a coalition of state law and the leader of the coalition in Iraq, Iyad Allawi, to reach a formula that satisfies both parties to end the political crisis of the list.

The source, who declined to be named, said that "leadership in the state law, the envoy of Prime Minister Nuri al-Maliki, offered Allawi to give him the post of Chairman of the National Council for the strategic policies and authorities provided for in accordance with the Convention on Arbil first return back on the subject of withdrawal of confidence and not to transport it to the House of Representatives so as not to worsen the crisis more than they are now. "


Central Bank: the project to delete the zeros need the concerted efforts of government and parliament
06/13/2012 20:53

The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement that the process of deleting the zeros integrated project for the infrastructure and the creation of complete Basesha and concepts ".. adding:" The project differs from the issuance of a new class of currency, and result in other things in addition to the deletion of zeros including the deletion of three ranks of calculation from the accounts of the Republic of Iraq starting from the family budget and ending the public budget of the State ".


Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank
12/06/2012 18:14

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said that there is a hazy understanding of the central bank file a partnership with the government.

He said in a press statement that there is a leap of faith from the government and central bank independence of Parliament, but there is a lack of understanding or foggy in the partnership and the value of the independence of the Central Bank unless a partner of the government as a guardian of public money. "

He continued, "our understanding of the partnership is through our membership of the Committee on Economic Affairs, and it seems that such a framework of partnership is not sufficient, partnership framework should take another level of partnership with the government should grow up."


Foreign Affairs and United Nations are discussing the withdrawal of Iraq from Chapter VII
12 June, 2012 09:51:00

Research and Foreign Ministry Undersecretary for policy planning and bilateral relations, however, Abawi with the Special Representative of the Secretary-General of the United Nations, Martin Kobler out of Iraq from Chapter VII.
A statement of the ministry received Fayhaa copy of the Abawi and Koppelrbgesa a number of important issues including the issue of the border, especially after the visit of the delegation from the United Alatdh-border Iraq - Kuwait in addition to the issue of compensation and file missing Kuwaiti property and the desire of Iraq out of Chapter VII and the implementation of its obligations with respect to the remaining decisions related to Kuwait.


Government agrees to amend the law on provincial councils and a ziggurat symbol on the national currency
Wednesday 13 2012

Sumerian News / Baghdad: The Iraqi government announced, on Wednesday, agreeing to the relevant ministries, in coordination with the province of Dhi Qar to study several issues most important to increase the share of electricity to maintain and modify Law 21 of 2008 for the provincial councils and a ziggurat symbol on the national currency.

He said the government spokesman Ali al-Dabbagh said in a statement issued on the sidelines of the meeting of the Council of Ministers in Dhi Qar, "The Council agreed that the relevant ministries and in coordination with the province to study topics that are discussed, including increasing the share of the province of Dhi Qar, of electricity and recalculate the rate and study the diversion Euphrates River Commission, headed by the Minister of Water Resources."

Dabbagh said that "the Council also agreed to use a rule of Imam Ali dual use, civilian military, and to bring the refinery Dhi Qar Investment after an investor's efficient, and authorize the province to search with the help of the ministry and create a project Alrachel of the Ministry of Industry and increased releases of water to improve water quality of the Euphrates River and downstream public of Zna�b Alaptarh and Aekakh. "


Iraqi Planning: Distribution of 25% of oil by the end of the year
13/06/2012 20:17

Baghdad (Rn) :  The Iraqi Ministry of Planning Tuesday it is nearing completion of the finalization of the basic instructions for the distribution of share of oil by 25% on the population by the end of this year, according to what passed the House of Representatives.

Ali Shukri The Minister of Planning Ali Shukri, told the Kurdish news agency (Rn) that "it Diwani formation of the relevant committee for the distribution of 25% of oil imports to citizens not issued until now."

"We are working with the Ministry of Finance prior to issuance of the order to keep the instructions and the basic arrangements for the distribution of this ratio."


MP: Opposing forces name chair for Maliki's impeachment session
13/06/2012 19:29

BAGHDAD (AKnews):  The person who will chair the impeachment session of Iraqi Prime Minister Nouri al-Maliki will be named soon by the allied forces who demand PM's substitution.

As soon as the presidency of the House of Representatives is officially asked to interrogate the PM, the forces will name the chair of the impeachment session, said MP Talal al-Zubyee of the Iraqiya List said.

Zubyee expected the session may take place before June 21.

At the same time he stressed that the MPs who signed to strip off the PM from confidence have faced sorts of "treatments" to withdraw their signatures.


Urgent ... Maliki and Allawi and Barzani and chest in a crucial meeting in two weeks to end the crisis
06/13/2012 20:50

BAGHDAD:  Knights of hope: A source in the Presidency to reach an agreement in principle to meet is sponsored by President Jalal Talabani and Prime Minister and combines the outskirts of Erbil (Iraqi coalition, the Kurdistan Alliance, the Sadrist movement) during the next two weeks to end the crisis. "

The source added that "the President has sought in recent days to bring the views and the search for commonalities that can be met by the parties in order to break the ice and ease the crisis afflicting the country and through guarantees provided to the parties to develop a solid ground can move them," emphasizing that "the meeting will be held during the next two weeks and includes the prime minister Nuri al-Maliki and the Iraqi leader Iyad Allawi and President of Kurdistan region Masoud Barzani and the cleric Moqtada al-Sadr, in addition to President Talabani. "


CBI: granting licenses to banks to increase the civil branches
Wednesday June 13, 2012

BAGHDAD - and babysit: The Central Bank of Iraq, for making a decision to grant licenses for a limited number of private banks to increase its branches in Iraq, noting that private banks have exceeded the 40 banks.

The deputy governor of the Central Bank of the appearance of Mohammed that "the Central Bank of Iraq has taken a middle ground through a grant licenses for a number of private banks with foreign branches are more than 40 for the opening of bank branches."


Expert: must establish free economic zones to attract international investment and development

Baghdad (news): Called economic expert Majid picture, to the creation of free economic zones to attract international investment and development through the entry of foreign companies into the country.

He said the picture (of the Agency news) said on Wednesday: that a means of attracting investment and achieving the country's economic development is the establishment of free economic zones for the exchanges of international trade, as it will allow foreign companies to enter the global different to the country.
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The IQD Team
Investigate, Question & Deliver
Tuesday, June 12, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  June 12, 2012
760-569-7699   Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed  - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

"Greetings to the Iraqi Central Bank Governor Dr. Sinan Shabibi"
Sometimes the job you do in life doesn't give you any credit...this was a great letter and tribute to Shabibi (read full article under News Article Links below)

This is what is is going on and that why he is very well respected throughout the world - That is why he will be a Key Speaker at the World Banking and Finance Summit June 26-27
The schedule is detailed on the link on our website and below - "When Shabibi speaks we listen"
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UPDATE: A great big THANK YOU  to all of our MOD's - they are so awesome. None of what I get credit for could I do without them. They and our members are a very serious bunch of newshounds - it's tough to keep up with them!! ;)

The top three articles on NINA (one of the respected feeds) today were - Sadr calling for a speedy removal of Maliki, The Kurds saying a quorum will be reached in Parliament and Barzani irritated about having sent over 170 signatures and getting "zipped" for it.

I don't see things as all that far sideways - just yet. My take is - I'm looking for things to get "really kicked off" sometime headed toward this weekend thru about the middle of next week. It could have gone sooner - but didn't. Sorry.

Dial in Playback   760.569.7699 pin 618527#

Freeconference playback  Link

[justaguy] How to Identify a person who owns Dinars: 10. They spend an average of 7 hours a day on chatrooms. 9. They jump at the phone for all text messages. 8. They all own a portable black light. 7. They know what the Dodd Frank bill means. 6. They have prayed more in a month then any clergyman.

[justaguy] 5. They speak in abbreviations. 4. They know the location of all the Wells Fago banks in a 50 mile radius. 3. They have the CBI, UN, UST and forex websites in favorites. 2. They can do different timezones in their heads. 1. They know every political leader in Iraq, and only some from the U.S..

[hollyberry] I choose a winnertude today. I choose to laugh instead of cry. I choose to believe instead of doubt. How about you?

[ecinks] The past is over, don't grieve over it. The future isn't here yet, don't worry about it. Live in the present moment even as you plan for tomorrow, for this right here, is where your life exists. Treasure each day and love the ride you're on!

duffy] According to what is being said , CNN & CNBC saying Thursday World RV on currencies. Kurdistan saying Smart Cards out and rates within 3 hours.
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The gem cannot be polished without frictions, nor man perfected without trials. Confucius

FootForward on Recorded call from Tues. 6-12-12 available at 760-569-7699 pin code: 169061#

3SINTEL:Folks this is Papa Bear- Studley will be on line after 5:00 for QA if I can get it oked through here. How about U Mods can that happen

[Papa Bear] Dinar Wishes is so correct. You will negotiate your benefits package eye ball to eyeball it will be based on YOUR Personal needs

 [generals64] Please accept my sincere apologies if i made Anything difficult for anyone yesterday. Seems there were some simplifications made in the Registry that I was not aware of. This seemed to have confused some and I want to apologize to you all...

9:18 AM [Gemini649] 6-12-2012 Hammerman: My intel is good so far. If I told you all the info I have today your heads would explode. I'm happy, what I said on the call last night is being comfirmed. I do not speak but about 20 arabic words and yes im in contact with 10 or so whales that have cashed out.

(Dinar Recaps Note: If you are on our Daily Email List, you WILL receive this information emailed to you.  Go to our POST-RV page to sign up.)

[DinarWishes] WELCOME TO THE NO HYPE ZONE!!!! So, what a ride this has been and its not over yet... Im hearing there are some last minute things trying to be finished up which couldn't be done prior to now... and Im also hearing that this is almost over...No Hold ups or anything of that nature...

Hear they will pass down the info as they get it as they are ready for this to be over as we all are.... Things are looking really good from a standpoint of alignment.... So, hang in there and remember it isnt over till we do our exchange at the Bank!!! Nothing is set in stone....

[DinarWishes] Now, I would like to share my thoughts on the Bank Exchange Codes..... You no longer need to sign up for a group as everyone will have access to the information... But, I for one am not waiting for Recaps or anyone else to email it to me.... If you want the codes so you can share them with family and friends the fastest way is to join a group so you get it first....

 I dont care what group you sign with but that is the method of MY MADNESS!!! lol Also, the information about BANK PACKAGES.... These are different from the Exchange information.... The amount of Cash from your exchange will be what Qualifies you for whatever package the Banks have to offer.... Hope this helps the confusion...

The below posts shaded in green are on our IRAQI NEWS page
Withdrawal of non-confidence
06/13/2012 3:08

Nawzad Hassan: surprised of how Maliki's opponents declare that they are serious about the withdrawal of confidence from his government, and they are the process of finalizing the signatures that will overthrow the government of Prime Minister .. And the subject intrigued me is if there was confidence that the current government why should there be to drag and drop it. Confidence means that you better think of others and dealing with certainty a great no doubt ..

and this thing does not exist as everyone knows, It is laughable that the Ansar al-Maliki repeat what he says his opponents and to respond without Ijarunhm to show that there is an apparent contradiction in the case .. He did not say one of the state law that if there is confidence about what the government's proposal to withdraw .. And procedures should be told not to withdraw confidence. This expression is much more accurate .. Also, the facts all point to the charged atmosphere surrounding the political process as a whole. So no truth never to say that opponents of Maliki, are continuing to withdraw confidence from him, and the first to say that they are involved in the withdrawal of non-confidence, and the formation of a new government.


The British Ambassador from Karbala: economic growth in Iraq for British companies came fan
Wednesday, 13-06-2012 12: 35 pm

Karbala (newsletter): He was British Ambassador to Iraq, Michael Aaron wished his companies invest in Iraq because of its economic importance, during his visit to the city of Karbala.

He said during a press conference held at the headquarters of the local government and attended by a reporter (News Agency news) on Wednesday: that Iraq is an important country in the region and its economic growth rate (10%) Annual fan, to visit Karbala is encourage British companies to work in the province after we found there are companies from different nationalities working in the province.

He added: there are companies like company (Rouse Reyes) and company (kya international) wishing to access the investment in Iraq, particularly in the sectors of energy and health, as well as other British companies such as (BBC), (shell) operating in the oil sectors in Basra governorate and played a significant role in the Iraqi economy.


Member Services: the privatization of ports and airports likes to promote reality
Wednesday, 13-06-2012 12: 54 pm

Baghdad (newsletter): Invited Member of the Commission services and the reconstruction of the Iraqi coalition MP//privatization, Suhad al-Ubeidi, seaports and airports through concrete investment companies awarded for advancement of reality.

She said Al-Obeidi (News Agency news) on Wednesday: that Iraqi airports and seaports need a lot of work and repairs that the Iraqi Government is unable to complete owing to a lack of financial allocations for the Ministry of transport, despite the many financial proceeds accrued from them.


Finance Committee: It is not the prerogative of the Central Bank determine the slogans of the new currency

BAGHDAD / JD: confirmed that the parliamentary finance committee not to determine the validity of the central bank logos on the new Iraqi currency. A member of the Committee MP for the rule of law, the Secretary Hadi's / JD / The "logos currency of the new Iraqi supposed to be proposed by the government, and then submitted to Parliament for approval, and not the validity of the Central Bank put these logos as a symbol expressing the homeland ".


A parliamentary committee revealed the idea for the application of zero-budget in Iraq

BAGHDAD / JD: revealed the parliamentary finance committee of the existence of the idea for the application of zero-budget in Iraq. A member of the Committee and MP for the rule of law, Haitham al-Jubouri's / JD / "The current Iraqi budget is not the only items, and there is an idea for the application of zero-budget." The Jubouri "The 2012 budget in which the central character and is bound to decentralization, in addition to the presence of many problems in it."

He continued: We have been specifying the nature of the obstacles of going forward and how that is used in the private sector, as well as to monitor the implementation going forward in Iraq. And between a member of the Finance Committee and the representative of the state of law that Iraq is new to the financial policies, banking, tax and need access to external expertise, whether U.S. or elsewhere. "The Presidency of the Republic has approved the general budget for 2012 in the eighth month of March. It is noted that the budget Zero has emerged in the last ten years, an attempt to overcome the problems and obstacles of Applied encountered by other systems of the budget.


Iraq a candidate for the leadership of OPEC oil looking for a pilot site

Baghdad / follow-up JD: At a time when Iraq is more than the daily production of oil, proving its ability to be a key Mmona, push toward Baghdad preside over the Organization of Petroleum Exporting Countries (OPEC) in a bid to boost its image and its role in the assembly oil which contributed to the foundation.

And Iraq remained for decades on the sidelines of OPEC as a result of wars and sanctions during Saddam Hussein's rule, and violence that swept the country following the overthrow of his regime, and the exclusion of the total oil production of OECD countries. However, the re-Iraq during the past years, opening the doors of its oil sector to foreign firms, and increased its production of crude oil, work is under way to lift this production dramatically in the coming period.

Although winning the post of Secretary General of the Organization of Petroleum Exporting Countries during the elections to be held on Thursday requires the consensus of the 12 member states, the mere existence of an Iraqi candidate among the four contestants is an indication of progress in Iraq's oil site.


Financial source: 6% of the transactions in dollars the central bank to go politicians gangs
Wed, 13 June 2012 07:47

Baghdad / Orr News: A source close to the Ministry of Finance said that "the process of buying and selling of the dollar in accordance with the policy of Central Bank of Iraq auction mechanism for the benefit of the League of merchants and officials in the government," noting that it was a "framed by a special law."

The source, who preferred anonymity, disclosed to the Agency (UR) that "This process allows the five banks, civil and 22 political figure, and 10 dealers only benefit from them," explaining that "the process of buying and selling the inverse of people to Central and vice leads to profit on the amount of sales daily at a rate between 3-4 million dollars, "adding that" 6% go to private pockets, "according to the recipe.


Central Bank denies meddling in the political
Wed, 13 June 2012

BAGHDAD / Lao-Tamimi: Iraqi Central Bank denied reports Wednesday that attributed to him that the relationship between him and the government are Balillabih, stressing that his work does not include professional political issues.

The deputy governor of the Bank told the appearance of Mohammed (UR) that "the reports that quoted me as the relationship between the CBI and the government Balillabih news is not true."


Dispute between Arabs and Kurds over Kirkuk governor authorization to negotiate with oil companies
Tue, June 12 2012

Kirkuk / Abdullah Ibrahim: Authorized the Kirkuk Provincial Council at its meeting today, the governor of Kirkuk to invite specialized companies to invest in conservation of natural resources ..

The Council stressed in a statement today, "that under Article 112 / II of the Constitution, the Council decided to authorize the governor of Kirkuk to invite companies to invest in the province agreed that the negotiations with these companies, both the governor and provincial council chairman and the heads of committees of projects, energy, and legal and that the results are presented to the Council and in if approved, the contract is signed with these companies, the presence of representative of the Federal Government


Source: U.S. new scenario (fight debt) to ensure that Washington's interests in Iraq
Wed, June 13/2012

Baghdad / Orr News: A source close to the U.S. Embassy in Baghdad for talks and phone calls by a group of embassy staff with the political parties, pointing out that those meetings led to the perception that the U.S. political struggle is just a personal animosities and conflicts of interests.
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The below posts were in our 10am email

3:00PM EST TIME - 805-360-1000  CODE: 1016947 


(Dinar Recaps Note: If you are on our Daily Email List, you WILL receive this information emailed to you.  Go to our POST-RV page to sign up.)

Papa Bear] To let you know the information Generals64 posted yesterday re his list is not accurate. You do not have to be on a list. Once the code is released by Wells Fargo, it along with the rate will be passed to you by email from wherever you signed up or by a friend passing it on to you.

[Papa Bear] The post will also have the number of days the rate will be honored. The Wells Fargo code and rate can be shared with your family and friends, but cannot be posted on chat rooms. You will be given an 800# to call for an appt. Do not call the bank until you get the email.

nathansmom] Papa Bear the real question is WHEN????????
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Dinar Land Family and Friends - will you join DebTarHeelGirl in praying this prayer today - Let's anticipate the inevitable supernatural intervention of GOD - HIS MIRACLES to manifest NOW!

Father thank You for Your Son Jesus, giving Him to die on the cross that we might live through Him and that through His blood be cleansed so that we can access Your throne through faith in the finished work of our Savior.

Father God, maker and creator of the heavens and the earth, and all that dwells therein, we come into Your throne room not as strangers but as Your children who cry Abba Daddy, our intimate maker and creator., who is touched by the things we feel, and moved by the faith that we have in Your power and ability.

 Jesus we thank You for accepting the plan of the Father for You to die on the cross for our salvation and for the blood You shed which has allowed the Father to accept us as Joint Heirs for all of eternity, for this we praise You for You alone are worthy.
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State law: Maliki will blow surprises during his interrogation and reveals all the corrupt files that it covered up the blocks

MP for the coalition of state law, Abdul Salam al-Maliki said questioning of Prime Minister Nuri al-Maliki will contain surprises for the Iraqi people.

Maliki said in a press statement received by news of news (brother), "The claim to question al-Maliki will be the results of negative masses claim interrogation and not vice versa because the prime minister will reveal all the corrupt files that were coveted by those blocks and refuse to question their ministers because of it."

He added: "Maliki is a professional, clear and will reveal all the papers the parties remaining and the government deficit, which was caused by the main ministers of those blocks pro-confidence, not Maliki, and there will be surprises for the Iraqi people include revealing the truth points were claimed its commitment to serve the citizens."
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6-12-2012 Gypsy Vardo: Nominal value of a currency of a country is not measued by either of those two numbers. Simplistically put, it gets down to the law of supply and demand; a country's Central Bank has to support it's value through a series of auctions to buy and sell its own currency to support the value it wants.

A country might want a low value (like China to support its exports, Japan, too). We see the value of the USD falling like a rock because we are "printing money" like crazy, read over supply for the demand. The Central Bank manipulates its currency to support the national agenda. I guess the question is why would Iraq want a 'high' value for its currency. The supporters of 'the Plan' would say its all about a currency that won;t actually be in circulation and held in "reserves".

That gets a little beyond by ability to connect the dots if that would legitimately and to what degree keep the supply of IQD at an artificially low M1 and M2. In the real world, nominal values of currencies is a real tug-a-war between Central Banks and investor/speculators. If Japan thinks the USD is too rich for the Yen, it either buys Yen or sells USD. Currency values are the cumulative effect of the entire global market at work. Shabibi has to 'defend' the value by buying/selling the IQD to keep it within its range fo value. Iraq has been reducing its M1 to barely sustainable levels in its country. All of the IQDs out in the rest of the world will never see the light of day, but become currency reserves in other Central Banks and maybe used to settle oil payments, but are not destined to hit the market, so to speak.

6-12-2012 TFK: If you take seriously this incessant barrage of conflicting, garbage journalism being spewed out by Iraq's political party based media, then you to will be conflicted and always be in doubt to what's going on inside Iraq. One day, hopefully very soon, a big news break will occur. Iraq will announce something amazing that will initiate a rapid succession of events that will put it center stage in the world, and no it won't be another war.

I believe, when the world's financial situation begins to correct itself, Iraq will jump out of the gates with outstanding investment opportunities and a new, much more valuable currency. They have the money to do it, the timing just isn't right at this moment. Companies aren't going to invest heavily in the ME until their own economies are strong.

 Big Money is just sitting, waiting for the economy to recover. Southern Europe has to fail in some way before this unstable economy turns around though. The world economy will not change until big labor and government unions are squashed!!  This all could take some time. Be prepared to wait, but be encouraged. The Dinar is a great investment and it will pay out one day!

6-13-2012 SWFloridaGuy: We should know when Parliament reconvenes and they hold Maliki's interrogation, (which he boasts he won't be present for) if they will be able follow-through with a no-confidence without the support of Talabani, and if they really do have the votes they postulate to.

They are trying to muster cross-party support and quite often attendance figures from the initial reports differ from the official Parliament reports. These guys never show up for work. They did enact a penalty system to ensure attendance every once in a while but this remains a prevalent problem.

I would assume though that both Maliki and his opposition are using this break to rally support for their cause and ensure that every vote has been accounted for. I would like to see the Prime Minister alone unseated. Preferably a resignation though because if they no-confidence Maliki's government, I'm not so sure that will be as quick a solution as we had initially hoped.

We would prefer to see democracy prevail rather than watch Iraqi "leaders" further anesthetized while the country remains paralyzed and the citizens suffer. Best case scenario: Maliki resigns, followed by announcements of Erbil, Ministers, Strategic Council etc. I think we're certainly all due some good news at this point.

No matter what the outcome, should make for an interesting next couple of weeks with all that is being addressed in June. I'll bring the popcorn.

8:42 PM [helend] Scooter-EG we got a few questions for you

8:42 PM [Scooter-EG] really

8:43 PM [helend] Scooter-EG are you ready freddy?

8:43 PM [Scooter-EG] Yes

8:43 PM [helend] ok, here comes the first one

8:43 PM [helend] Hi scooter, do u think Shabibi already has a rate set for an rv, or, as he has repeatedly said he's ready, do u think the longer he waits on whatever it is that he's waitng on, the rv rate increases? Luckyintx...ty

8:44 PM [Scooter-EG] hmmmmm I think that shabs has three ] they've somewhat indicated these in the country reports two years ago from the imf  there's a low ceiling, mid ceiling, and high ceiling

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[wango1] BellaGrits Is this the dead silence before the storm?
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(RAY) desertdog, on 12 June 2012 - 08:59 AM, said:

I just want to start off by saying that there are some interesting comments on this thread which is someone else's Theory & Rumor from another site. And that is all it is. Nothing more. Steve started this site to provide information about the Iraqi dinar. Neither Steve nor I have ever put any information on here to "pump" the dinar.

This site is strictly informational only. If there are people on here that truly feel the dinar is a scam and will never RV or RD, I would suggest leaving and go about your life and forget the dinar ever existed. As for Steve and I, we both truly believe there will be an RV and it will be very soon.

 Shabibi has personally said this several times in public. A man of his character would not make these claims if they weren't true. I know a lot about what is going on over there and all the preparations being made to RV the currency. The Iraqi people are being told daily what to do when it revalues and that they will be very happy because the dinar will be the strongest currency in the region.
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