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6pm, August 24th, 2012  

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Our Blog Posts
Mountainman & Mike "It's All Good News" - Post By Leo GET Forum
CuriousB "There Is Risk/Reward" - Dinar Speculator
Goodlife's Reasoning - Post By Leo GET Forum
NowstheTime Bookend for Checkmates message from PTR
Rockfl9 & Dalite Share Their Perspectives - Post By Dinar Detectives
Bluedog Articles & Comments - Post By Janna GET Forum
Keylime "UNPRECEDENTED Event" - Post By Dinar Detectives
Tony (PTR) Update - Post By Dinar Detectives
PTR CC for Friday afternoon
ArizonaHeat in chat at 3S's Friday morning
Words of Encouragement from DebTarHeelGirl Friday AM
The IQD Team~~Highlights Summary Replay Conf Call Aug 24
Cruiser and I4U Members News, Thoughts, and Opinions Fri. AM
The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
News, Rumors and Opinions at Intel4U Chat Friday Morning
Thursday The Big Call with Footforward Recording Link and Replay #'s
Med & Member Chat - Post By Ksdunlap Dinar Speculator
Thursday Night BGG Quick Update Call - Audio Player
Bluwolf in chat at Intel4U Thursday night
The posts shaded in green are on our Iraqi News page
The below posts were in our 10pm email
More News, Rumors and Opinions at Intel4U Thursday Evening
News, Rumors and Opinions at Intel4U Chat Thursday Night
LJ's Next Step Roundtable Recorded CC for 8/23 from EC
Early Thurs. Evening Dinar Chatter
The posts shaded in green...are on our Iraqi News page
© Copyright DRT Distribution, LLC All Rights Reserved

Mountainman & Mike "It's All Good News" - Post By Leo GET Forum

8-24-2012 Mountainman: We've waited so long for the news to turn in our favor and finally it has. We should all be very grateful for this. The new reform package will be presented at the National Meeting and then it's game over. Everything should fall into place fairly quickly once that happens, then we can all celebrate!! IMHO.

8-24-2012 Mike: The tide is turning against Maliki in a very big way and in a very international way - that's HUGE. He took so long to make his decision that it looks like those decisions are going to be made for him very shortly.

Parliament is going to be back in session shortly. Lots of things that need to get done very quickly, they will get them done. The crisis is in their back yard. Talabani will be returning but when he returns things will get done. He is the President, he will enact the things he needs to enact.

It's always been my position that he got out of the picture until these things were worked out. Now that it is being worked out, he will be back to put the finishing touches on this. It is all good news.
... 


CuriousB "There Is Risk/Reward" - Dinar Speculator

XXXXX, I admire you for the hours and hours you have put into this investment.

What people don't understand is that as with any investment, there is risk/reward. I have land that has been for sale longer than I've owned dinars and I've owned dinars since November 2008.

The land also is an investment but the reward when it sells will pale in comparison to the potential of the dinar. An investment to be an investment, sometimes does take years to come to fruition.

When an investment deals with something as important as a country it must successfully navigate its way through everyone involved both inside the country and outside which takes great effort and time.
... 


Goodlife's Reasoning - Post By Leo GET Forum

8-24-2012 Goodlife: Why would Iraq spend multiple millions on deleting 3 zeros just for the sake of having smaller notes when there are many countries with high exchange rate values eg Japan with a huge economy that get along just fine. It just doesn't make any sense to lop without just cause.

Its unnecessary and pointless to just remove the zeros for Iraq at this juncture. They do not suffer from hyper inflation and haven't done for some years. Iraq cannot tell the world its going to RV so you cannot have the proof you are looking for, just clues. This removal of zeros has got to be one of the big clues.

I repeat there is no good and sensible reason to remove these zeros unless there is something else at play which would require this action. There are far more important things to do in Iraq that would take precedence. I would also say that the IMF and World Bank or anyone with a brain would not advocate Iraq removing the zeros for no reason other than making it easier to trade with smaller notes.

It is impossible to win any debate with lopsters on this matter as the absolute proof you are looking for cannot be given by Iraq and they should know that.
...
 


NowstheTime Bookend for Checkmates message from PTR

Nowsthetime offers a bookend for Checkmate's message

Like many of you, I logged onto PTR this morning while waiting for the call-in program to begin. And I'm sure like a lot of you, I clicked on the "What's New" box to see what sort of news had come in overnight. There was the usual, but there was also something I had seen before, and realized that I had been missing lately.

That was the incredible, motivational video which Checkmate had posted awhile back - you know, the one about the football player carrying the other guy on his back for the length of the field. He refused to quit. He truly left it all on the field. From time to time, I suspect that all of us can use a reminder of that inner strength which we all have, somewhere deep down inside, and yet which we oftentimes tend to forget.

So, I'll stop for just a moment while each of you checks your pockets, or run back upstairs to see if you might have left it on the dresser somewhere. The main thing is . . . find it. Because we all have it -- that inner strength, that refusal to ever quit, whatever you want to call it. Find it and keep it close at hand. It won't make the journey any shorter, but it will likely be what you need to complete it.
.... 


Rockfl9 & Dalite Share Their Perspectives - Post By Dinar Detectives

8-24-2012 Rockfl9: The real cost of dropping the zeros is a wash. The life of a paper bill is less than 2 years. So, they would print a replacement bill anyway. The life of the plates for the most popular bills is also less than 2 years. They would have to be replaced in that period.

The quantity of replacement bills is reduced by 1000 +/-, a savings. The new coins will be an expense but they last 15-20 years and would reduce demand for 1,5,10 dinar paper. Add the extra security features , the languages and maybe the pride of being a totally Iraqi creation not a hold over from the US ocupation. Shabibi has it right. I think Jan.1 2013 is THE date!

8-23-2012 Dalite: (Dinar Vets)In May the money supply only grew by 19.5% over what it had grown in May 2011. In June, the Money Supply only grew by 13.6% over what it had grown in June 2011.
... 


Bluedog Articles & Comments - Post By Janna GET Forum

Article from [Bluedog] that he asked me to share with the chat room: Then following are more articles with links and comments

Obama in his first visit to Baghdad Date: Friday 24/08/2012 02:09 pm

BAGHDAD - A citizen

The possibility Obama's visit to Iraq .. a telephone conversation between Clinton and Zebari to coordinate the visit

A statement from the Iraqi Foreign Ministry issued Thursday: Foreign Minister Hoshyar Zebari received on Wednesday a phone call from Hillary Clinton and U.S. Secretary of State in search through a number of bilateral issues between the two countries, particularly visits and meetings to come, and the upcoming visit of the delegation of senior U.S. to Baghdad.
... 


Keylime "UNPRECEDENTED Event" - Post By Dinar Detectives

8-24-2012 Keylime (Part 1): #1: The Iraqi dinar was ARTIFICIALLY devalued when Sadam attacked Kuwait, therefore it went from $3.22(and no that wasnt just Sadam's rate) back in the 1980's to less than it even is now...which means it can be REVALUED over 100% at anytime to give it back its former "glory" so to speak.

#2: they have stated that the current zero notes will be good for another 10 years of exchange (so demonetizing the "old" currency is not going to happen like it would in a normal LOP scenerio where they give you 45 days to turn it in or your screwed, which also means this scenerio is not normal on any level).
... 


8-24-2012 Tony (PTR): I got a call and some texts from Iraq. This thing should be happening. They are planning something for Sunday like the schedule said. They are pushing, pushing, pushing. They want this to happen NOW. They are doing it. I am just telling you what I heard.

He said stay close by your phone. This is not coming from the banks; this is coming from Iraq. We heard yesterday that it was scrolling across the television screens. They were showing the coins. They were showing the new lower denominations. I was told it was in an infomercial format explaining to the people how it is going to work. That's what I would do if I was going to make an announcement on Sunday or even next week. You give them time to learn. It may not be Sunday.

It might be before Sunday or go into Sunday because there are a lot of things scheduled for Sunday. So I know it is happening. There has been a change in the Iran situation today. There has been a change in the Syrian situation today where somebody has come into our belief now that wasn't before. Everybody is playing kind of nice so we should see some things happening.
...


PTR CC for Friday afternoon

It's a ☼NEW DAY☼ Fri Aug 24th 760 569 7699 pin 682612 #

MP3 Freecoference Playback LINK 70 Min
,,

ArizonaHeat in chat at 3S's Friday morning

[ArizonaHeat] things are doing fime as far as the RV is conmcerned, shabs was in meetings with IMF and the BIS in refrence to the lower and higher denoms working side by side, should be implimented soon

[ArizonaHeat] maliki has NOTHING to do with this AT ALL

[wisewarrior] ArizonaHeat woot woot

[ArizonaHeat] problems with borders in the area

[catalina36] ArizonaHeat ty for the info so much would like to hear more

[ArizonaHeat] but being handled

[ArizonaHeat] no other news other than no rate has been isued and those who claim they see a rate at the banks are seeing a rate generated by the bank

[ArizonaHeat] the IMF and BIS have nat released ANYTHING

[dietcokeandice] ArizonaHeat you said Seept and durn it look like it huh

[ArizonaHeat] dietcokeandice yup
,,



Does God Really Have A Wealth Transfer for Us? By DebTarHeelGirl

Many have asked me where we can see in the Bible regarding the wealth of the wicked being laid up for the righteous and also where it says that the wealth is to come to us from wicked nations or places such as Iraq. Now I am NOT saying all of Iraq is wicked, what I am saying that a country where GOD IS NOT recognized as LORD, the Bible considers it a heathen nation.

I want you to remember this - GOD has a mission, one is to DAILY WATCH OVER HIS WORD TO PERFORM IT. What the Lord shows us in Habakkuk 2:3 (NIV) - For the revelation awaits an appointed time; it speaks of the end and will not prove false. Though it linger, wait for it; it will certainly come it will not delay.

I prepared a study one time that God operates in His PERFECT WILL and His PERMISSIBLE WILL. For those of us, when we pray, who choose not to beg and scream as little children do, we will inherit His PERFECT WILL. Our Father God is such a loving God that when we kick and scream with impatientness, He will sometimes allow us to have our answers when WE want it, NOT when He wants it, hence, that becomes His PERMISSIBLE WILL ....
....


The IQD Team
Investigate, Question & Deliver
Thursday, August 23, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - August 23, 2012
Download/Playback

or
760-569-7699 Pin 769478#

Recap of the News tonight analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following is just a recap and Several Highlights)


Recap CBI/Economy
Straight Talkin Mike



CBI is not dealing with Iran as we have seen in the papers - thats Maliki that getting in trouble for that - they have no intention of doing anything but doing regular trade for the electricity that they are allowed to under the sanctions that are there..they don't want to break any of the sanctions -
and that they have the ability now to watch the money which gives them alot of power now to really figure out where things are going and I really think we are going to see a big difference in how the CBI starts to handle themselves..they are slowly but surely gaining the power that they need to manage the economy there

They are educating the people to get them educated in depositing money in the bank using the banking system - big education process so we like to see more of that going on

Cruiser and I4U Members News, Thoughts, and Opinions Fri. AM

[cruiser] Hi and good morning all!! Why Return to Gold Standard Is Seen By Some as 'Ludicrous': http://www.cnbc.com/id/48776347

[pappyy] cruiser gm so that this morning - IMHO I thought are they for real, if the rest of the world is moving in that direction the US has to also in order for the dollar to be worth something

[cruiser] This person also has to ask why, other Central Banks throughout the world have purchased records amount of gold this year. So now we will have this debate instead of the Qe3 debate. Got to love media. Now this I like : "In fact, is there enough gold in the world to back the U.S. debt?"

Now that is interesting. My thought is that Countries debt will be forgiven. Now I do understand our Debt is 15T, up from 491B in 1971, but the price of gold has gone up. In fact the U.S treasury value on gold is only $32.00. Wow. Think that rate needs to be realigned or adjusted.

[paradisegirl] cruiser that was my thought - debit forgiven - starting w/ a clean slate
.... 



The below posts shaded in green
are on our Iraqi News page
Deputy of the National Alliance does not want reforms in isolation from political blocs
2012-08-24 15: 24: 20 Friday

Baghdad (News) : Badr organization stressed Deputy Parliamentary//National Alliance, Anbar could perform Alliance, reform paper but wanted their implementation with the participation of all and not in isolation.

In a statement, said Al-araji (News Agency news) on Friday that the reforms are the solution to political differences and it's up to everyone to end the contentious issues, stating: the Egypt National Alliance for reform and can implement the provisions of the paper, but wanted their implementation with the participation of all and not unto them, because it is a national issue and we don't want the marginalization of one hand, and the Government of national partnership, not only for the Alliance.

Worksheet for Babylon Council to promote the plan includes the reality of projects and services in the County

Worksheet for Babylon Council to promote the plan includes the reality of projects and services in the County  2012-08-24 15: 06: 44 Friday

Babylon (newsletter) : Babil Province Council Member said Hasan had submitted working paper Comino to the Council containing a detailed plan for the advancement of real projects and services across the province.

According to Deputy Mayor (News Agency news) on: the worksheet contains details on balmshara they need maintaining municipal, housing and water and sewage systems and mechanisms for routine and administrative obstacles to the implementation of dozens of projects and special projects in the city of Hilla, street tiling that represent the status of Babil province. 

Political analyst: the relationship between Baghdad and Washington "very critical" and recent trying to arrange their leaves with Baghdad

Political analyst: the relationship between Baghdad and Washington "very critical" and recent trying to arrange their leaves with Baghdad Friday, August 24, 2012

Baghdad - and babysit : considered a political analyst and confident Hashemi current stage between Baghdad and Washington stage "very critical", and ascribed this to the issue of oil contracts for American companies that have concluded with the Kurdistan Regional Government and ignored the government in Baghdad, and Iraq's position Syrian issue and other interventions affairs outside.

And looks administration according to signals specialists to strengthen its influence in Iraq through further coordination and cooperation with the Iraqi government after the statements made by U.S. officials about the deterioration of security against the backdrop of bombings in Iraq during the last month, controversy between Baghdad and Erbil on oil exploration in the Kurdistan. 

Susan Saad: Washington's warnings of oil companies came late

Susan Saad: Washington's warnings of oil companies came late Friday, August 24, 2012

Baghdad - and babysit : and described a member of the Commission on oil and energy parliamentary and MP for the Islamic Virtue Party Susan Saad warnings Washington to oil companies in Iraq as "late", and do not serve a 48 companies oil inside Kurdistan and contracts between the KRG and the companies.

Said Saad told news public opinion (and babysit): "I had to Washington directing these companies before signing contracts with the provincial government, especially after the Disclaimer and Washington to compel oil companies to contract with the government of the center and not with the provincial government."  

Obama in his first visit to Baghdad
August 24 2012

BAGHDAD - A citizen : The possibility Obama's visit to Iraq .. a telephone conversation between Clinton and Zebari to coordinate the visit

A statement from the Iraqi Foreign Ministry issued Thursday: Foreign Minister Hoshyar Zebari received on Wednesday a phone call from Hillary Clinton and U.S. Secretary of State in search through a number of bilateral issues between the two countries, particularly visits and meetings to come, and the upcoming visit of the delegation of senior U.S. to Baghdad.

The statement said also during the call, discuss the status of Syrian refugees and Iraqi and international efforts to provide humanitarian aid and assistance required.

Mass citizen: Talabani will not be able to resolve the political crisis

Mass citizen: Talabani will not be able to resolve the political crisis Friday, August 24 2012 10:11

Twilight News : exclude citizen bloc MP Ali inch, on Friday, to be able to President Jalal Talabani of resolving the political crisis fully after his return to the country, warning of the political blocs of fragmentation in the event of continuing differences.

He said an inch in an interview with "Twilight News" that "Talabani is not his magic wand, and will not be able to resolve the political crisis in full, but at the very least has expressed his willingness to bring in views between the parties."

Inch saw that "the political blocs have realized that people began to reject the move away from the aspirations and needs to have shown a readiness for dialogue, understanding and resolving differences and outstanding issues between them, and other they Sti_zy become a thing of the past" 

Iraq expects to receive the first batch of aircraft "F-16" 2014
24/08/2012 09:21

Arbil (Rn) : Iraqi official estimates suggest that the first batch of aircraft deal "F-16" that Iraq contracted to buy from the United States about two years ago will arrive to the country in 2014.

The recent political controversy was raised on the refusal of the United States to be Airmen Hieion between the Iraqi trainees to lead the aircraft, according to statements made by members of the Iraqi Council of Representatives belonging to the Shiite National Alliance.

But a spokesman for the Baghdad Operations Command and the Office of the Commander in Chief of the Armed Forces Colonel Zia agent had denied such reports, as quoted by the newspaper the Middle East.

Huge bombing targets prayers in Sadr city

Huge bombing targets prayers in Sadr city Friday, 24 August 2012 13:19

Baghdad (AIN) : Security source confirmed that "A huge bombing targeted the persons who perform the Friday Prayer in Sadr city of eastern Baghdad on Friday."

The source stated to AIN "The explosion took place near the office of the Martyr, Mohamed Sadiq al-Sadr," noting that "The explosion resulted in killing the Imam of the Prayer, Sheikh Nasir al-Saadi."

The source did not clarify the type of the bombing and the number of the casualties.
Click for Link

 

MP: Govt. violates arms purchase procedure

MP: Govt. violates arms purchase procedure 24/08/2012 13:13

ERBIL (AKnews : Any deal for purchasing ammunition and weaponry should be subject to prior approval of the Iraqi Council of Representatives but the government has so far violated this constitutional requirement, said a member of the security and defense committee.

The entire deals for arms purchase which the government has signed with the foreign countries are done without consulting the Council of Representatives, said Kurdish member of the committee Shwan Mohammed. 

Economic parliamentary: sell gold coins and other currencies in the central bank auction method to reduce the price of the dollar against the dinar

Economic parliamentary: sell gold coins and other currencies in the central bank auction method to reduce the price of the dollar against the dinar 24/08/2012 13:52:46 Friday

Baghdad (news) : According to a member of the economic and investment commission MP / National Alliance / Ibrahim al-Rikabi, said the trend that the Central Bank to sell gold coins and other money in addition to the dollar in the auction came to reduce the demand for dollar and reduce its value against the dinar.

Rikabi, (of the Agency news): a new strategy followed by the central bank to work on reducing the exchange rate U.S. dollar against the Iraqi dinar through the sale of gold coins and other currencies in addition to the dollar in the auction public, what makes demand to buy the dollar less and therefore will maintain currency stability Local exchange for hard currency. 


The below posts were in our 10am email
[Diverdown] Gm jw any goods news over night?

Josey Wales] Diverdown keep an eye on the coins, when we have confirmation of them being distributed to holding points....I believe we are there

[booboo ] Has anyone else seen the Hit and Run Movie?

[blessedandhighlyfavored] booboo No, It comes out today where I am at.

[debneureka] What does the movie say about dinar?

[booboo ] It talks about an investment that they can take 1000 and make millions when it revalued just like Kuwait

[xyz] Sinan al-Shabibi ... is on an allegation, placed by deputies of the Central Bank of corruption and laundering money through sale of iraqi currency in the auction of dinar.     http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=792

[captaincaveman ] No matter which youre in...in Iraq's hands or out of Iraq's hands....I think we can all agree that they will be the one that makes the announcement to the world
....


 

The Big Call with Footforward

Thursday August 23rd

RECORDING LINK

760-569-7699   189061# pin

48 Minutes
    Med (8:34 PM): HEY DS

     Med:    OK TAKE A SEAT  SIT ON YOUR HANDS    PLEASE    I GOT A TEXT TODAY    FROM A PERSON WHO PROBABLY IS LIKE A MOM TO ME    ALSO HAS DINAR    AND HAS BEEN STEAD FAST ON IT ENDING    BUT    SHE SAID SOMETHING IN THE TEXT THAT BOTHERED ME    THEY PEOPLE WERE BECOMING DISILLUSIONED    AND THE TIMELINES    ARE TAKING A TOLL    IS THERE ANY THING I CAN SAY    TO KEEP THE HOPE UP

    I SAID YES    I WILL NOT SELL ONE MORE DINAR    SHE SAID    THAT MADE HER FEEL BETTER    AND MORE CONFIDENT    BUT    I WAS LIKE    WHY IS ANYONE BECOMING DISILLUSIONED    SPECIALLY AFTER ALL THESE YEARS

    NOW I TALKED TO TUDOR    TODAY ABOUT THIS ALSO    I GAVE HER A BUZZ
...


A quick update call with BGG - more "Straight Talk Radio"

www.dinarupdates.com/blog
[bluwolf] YOU KNOW I HAVE A GUT FELLING ABOUT THINGS TO COME..I FEEL THAT WITH RESPECT TO OUR BLESSING THAT WE ARE NOW VERY CLOSE IN RECIEVING IT.. I CANNOT ADD ANY MORE SO PLEASE DO NOT ASK.

[dealdoctor] bluwolf Do you have anything to share with us concerning the situation between Iraq/Iran/Syria as it relates to the release of IQD for our currency exchange?

[bluwolf] dealdoctor ALL THINGS SHOULD COME INTO PLAY BEFORE ANY CONFLICTS..

[hog1] bluwolf : Do you know anything about the big high level US people going to Irag.

[bluwolf] hog1 WELL WE HAD SOME THERE ON THE 19,20,21,, I CANNOT DISCLOSE THERE NAMES

[hog1] bluwolf : Was is a good meeting?

[bluwolf] YES
,,


The below posts shaded in green
are on our Iraqi News page
The below posts were in our 10pm email
MP alzeyady: national meeting deadline will be determined after the resumption of meetings of the Parliament
2012-08-24 09: 17: 33 Friday

Baghdad (News) : According to the State of law coalition member of National Alliance MP//Faleh alzeyady, that determines the national meeting held after the resumption of the meetings of Parliament, referring to a willingness of all political blocs to sit at the negotiating table.

Alzeyady said in a statement (News Agency news): bilateral meetings between political blocs continues but no date has been set after the meeting, noting that the date will be determined after the resumption of meetings of the Parliament.

Added: next week will see the dynamic political, particularly after the political blocs has given positive signals to accept paper reforms and want to sit at the negotiating table, which was rejected by some blocks.

 

Khalid shwani differences on the concept of terrorism in the amnesty law. The law will eventually
2012-08-24 10: 48: 33 Friday

Baghdad (News) : Deputy Chairman of the legal Committee ruled on the Kurdish blocs Coalition Tikrit, Khalid is the vote on the amnesty law in the short term due to differences on the concept of terrorism, noting that ultimately will approve this law.

In a statement, said Tikrit (News Agency news): the political blocs have yet to reach final consensus on the amnesty law, particularly with regard to the concept of terrorism and the extent of the governed article (4) of this Act of terrorism.

He added: the legal drafting of this law have been completed but political consensus on this law have not been making difficult to pass during a short period unless there is a consensus.

 

Economist: calls to increase salaries and granting loans and advances will increase inflation in the country
2012-08-24 11: 23: 22 Friday

Baghdad (News) : Salem Al-Bayati warned economist might increase when inflation index increased salaries for staff, retirees and financial loans and advances continued to increase rateb percent of money supply in the market in the absence of a local product.

He said Al-Bayati (News Agency news): the annual inflation index in Iraq due to the lack of a clear economic policy in the country and the process of pumping funds by the Government to the citizens either salary or loans are random ways without a feasibility study which lead to increase the money supply in the market.

 

Kurdistan: America fears the Kurds have been taken into account in the decades arming the Iraqi army
Friday, August 24 2012 09:37

Twilight News : revealed deputy for the Kurdistan Alliance, Friday, taking the United States fears the Kurds into consideration in decades arming the Iraqi army with the federal government.

The MP said Hassan Jihad, a member of the Committee on Security and Defense parliamentary in an interview for " Twilight News "that" the United States took into account the concerns of Kurdish in contracts entered into with the federal government to equip the Iraqi army, including non-use of such weapons in internal conflicts. "

Jihad said that "the Kurds do not reject arming the Iraqi army are part of this country and the army itself but have concerns political that have historical roots," but he also said that "in the event proved Iraq was a democratic state and establish the principle of human rights and peaceful coexistence will be no fears ".

 

Decline in futures prices for U.S. crude oil in electronic trading on the New York Mercantile Exchange
08/24/2012 - 7:54 am

Aloguetsadio / Buratha News: Futures prices fell U.S. crude oil below $ 96 a barrel in electronic trading on the New York Mercantile Exchange on Friday, with receding hopes that the Federal Reserve launched a new round of monetary stimulus measures next month in the largest state in the consumption of oil in the world.

By the time of 0020 GMT, the price of U.S. crude oil futures crude for October delivery October 95.90 dollars a barrel, down 37 cents, after falling 99 cents at the previous day's settlement to $ 96.27.

The price of Brent crude oil for October 59 cents to $ 114.42 a barrel after gaining 10 cents to $ 115.01 at the settlement on Thursday.

http://www.burathanews.com/news_article_167404.html

 

Iran shipped about two million barrels of fuel oil to Singapore
08/24/2012 7:51 am

Economic / Buratha News: According to an Iranian source port, told Reuters that Iran had begun moving about two million barrels of fuel oil to Singapore in the first shipment of its kind since May.

Singapore won the largest maritime trading center for fuel in Asia for an exception to the U.S. financial sanctions on Iran in late July, after you press the oil companies working to reduce their dealings with Iran.

http://www.burathanews.com/news_article_167401.html

 

Iraqi demands except for his country of sanctions on Iran
August 24, 2012 11:59 PM

Confirmed the CBI that it is not for Iraq interest in breach of international sanctions imposed on Iran, calling for an exception country of those sanctions according to the Charter of the United Nations, on the grounds that his dealings with Iran are purely civilian. transfer center Bri for IMN government, the deputy central bank governor the appearance of Mohammed, yesterday, saying: There is a kind of shuffling papers is in the accusations directed to Iraq on circumventing the sanctions imposed on Iran.

He added that there is no benefit to the Iraqi government from any angle in such matters (any sanctions-busting.) and considered that all that is being talked about is either an attempt to shuffle the cards or stems from a lack of knowledge in the trade deal between the countries.

 

Iraq resumes oil exports through the Turkish port of Ceyhan
08/24/2012 11:26 AM

According to official North Oil Company yesterday that Iraq resumed oil exports through the Turkish port of Ceyhan after an hours-long stop to address a technical glitch near the city of Mosul.

Said the official, who preferred anonymity, was last night the resumption of Iraq's oil exports from the fields of the North Oil Company in the city of Kirkuk after the repair defect near the city of Mosul and at rates ranging between 350 and 450 thousand barrels per day.

http://www.alrafedain.net/index.php?show=news&action=article&id=79910

 

Dry: the enactment of the oil and gas the only way the word conflict between the center and the region
August 24 2012

BAGHDAD / Baghdadiya News : Confirmed an MP for the Kurdistan Alliance Ashwaq Dry, Friday, that the enactment of the oil and gas is the only way the word disputes and outstanding problems between the Kurdistan region and the federal government.

Dry said told / Baghdadiya News / "All blocks must move away from the style of political accusations and threats to it Atjda help," he said, stressing that "the enactment of the oil and gas is the only way to resolve the crisis between the provincial government and the federal government. "

 

Economic representative: sell gold coins and other currencies in the Central Bank auction method to reduce the price of the dollar against the Iraqi dinar
2012-08-24 13: 52: 46 Friday

Baghdad (News) : Member of the Committee on the economy and investment/National Alliance Deputy Ibrahim Al-Rikabi, said the move by the Central Bank to sell gold coins and other money in dollar auction came to reducing demand for dollar to reduce its value against the dinar.

Rikabi said (to news agency news): there is a new strategy followed by the Central Bank to reduce the US dollar to Iraqi dinar by selling gold coins and other currencies besides the dollar in public auction, what makes demand for buying the dollar less so it will maintain the stability of the local currency in exchange for hard currency.


[cruiser] Tonight @ 7:30pm on CNBC there was a report on the Gold Standard. There is also an article on CNBC that supports it as well..
http://www.cnbc.com/id/48770752

[cruiser] Why is this important? What does this mean? It is important for many reasons. 1) being that it was actually talked about in the U.S media. 2) The Republicans are suggesting it and tieing it to the Audit the Fed Bill. 3) the Republican national convention is next week and during the TV interview, it was to be a big topic during the convention.

What it means is that all of the talk and speculation about the gold standard, is no more. It is a main topic, even thought to the public, just brought up. Expect to hear alot more about it tomorrow, possibly stopping talk of a QE3. Time for the public to know, now it is a matter of how much info they want to get out there on it.

dealdoctor] cruiser Was that just a generic report on CNBC or was it about the Republican convention and gold standard?

mw1973] dealdoctor good thing? considering fed contract is up this year?
....


[cruiser] Republicans Eye Return to Gold Standard: http://www.cnbc.com/id/48770752

[rustyc] cruiser is it time to go to the bank!?

[cruiser] rustyc not yet.

[kids] My friend received a text today @ 5:38est saying big mtg today with central banks, legarde, bis...process confirmed but want to get further confirmations

[diverdown] kids is your friend from HIGH PLACES?

[kids] diverdown the txt came from very high

[MtnStar] kids interesting - do you know the source???

[diverdown] kids NICE I Like High

[kids] yes

[kids] lets put it this way a person who sells dinar

[kids] it was a well organised text
....


LJ's Next Step Recorded Call

(LJ, Don, Barney, Tim, ST Mike and Debbie) 

Call Details:  Minds wide open on Iraq.  

Recorded August 23, 2012

RECORDING LINK

PlayBack Number: (530) 881-1499
Access Code: 583907#

111 Minutes
The big call at 6 pm cst - foot forward will attend Join us tonight, Thursday august 23rd - 1-760-569-7676 189061# pin

Will be recorded 1-760-569-7699 169061# pin 8-23-2012

TerryK: Couple things going on out there - Iraq is shipping things over to Iran - commodities and money. USA may cut off economic funding to Iraq because of this - if this happens could slow things down quite a bit. Got a call from one of my sources, stated there is a certain currency showing up on their screen, $4.65 or $4.85. Waiting for him to call me back.

[turkeyhtr] if the coins are being distributed to the people Sept. 1, then logically, the rv must be in place on or before the coins go out--

[Dinarblessed] pmw1973 History question for you! What was the date that the RV for Kuwait was announced in the new york times?

pmw1973] on a friday 10 days after ...march...

Dinarblessed] pmw1973 Bingo!!!!

[pmw1973] Dinarblessed march 25 1991
....


The below posts shaded in green
are on our Iraqi News page
Iraqi sources: Dempsey's visit leads to the return of U.S. special units to Iraq
8.23.2012

Twilight News reported Iraqi political sources, Thursday, that the visit of Chairman of the Joint Chiefs of Staff U.S. Army Gen. Martin Dempsey could lead to the return of units to a private American to Baghdad to train police and the army on the new weapons that will sell Washington to Iraq soon. Sources said the newspaper al-Hayat seen by "Twilight News", that "Dempsey discussed with Prime Minister Nuri al-Maliki a new mechanism to help the federal government in maintaining the security of its citizens, especially after the escalation of violence." and stressed that "made proposals contribute to the development potential of the security forces, after processing with modern weapons, as well as radars sensitive and sophisticated and this falls within the agreement strategic framework, which was signed Baghdad with Washington in addition to training Iraqi forces. "

 

Central Bank announces increase the foundation's annual inflation for the month of July to 140.7%
8.23.2012

Alsumaria News : Baghdad Central Bank of Iraq, Thursday, for the high annual inflation basis for the month of July to 140.7%, attributed the reason to the high price of housing, electricity and food, while considered height reasonable and controlled by. said Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh in interview for "Alsumaria News", "annual inflation basis rose in the month of July to 140.7% compared with annual inflation basis for the month of June, who scored 139.6%, up by 0.8%," noting that "this inflation went up by 5.9 percent for the month July of last year 2011. "

Saleh added that "the central bank excluded from the inflation indicators petroleum products from the oil and gas within the Department of fuel and two sets of fruits and vegetables sub within the Department of Food and non-alcoholic beverages as prices volatile and unstable," adding that "the annual inflation basically unknown universally represents pressure spending continuing. " and attributed the benefit of reasons for the high inflation to "price pressures at home from services such as housing, electricity and cost of food after prices of industrial goods to the dollar in the base year 2005 by 35%," stressing that "encourage housing and land distribution will ease of cases of high inflation in Iraq. "

 

Parliament: the new investment law will not work as a result of a law instance since 2006
8.23.2012

Baghdad (news): said member Economic Commission MP for the coalition in Iraq Qusay Fri Abadi, that the new investment law does not require activation as a result, the presence of law certified and legislator since (2006). Ebadi said (of the Agency news): The multiplicity of laws on the same subject would disrupt work of the Iraqi economy, pointing to the existence of a law to invest a year (2006) does not require a new law, but amendments to the old law only. explained: that the new investment law was issued by the General Authority for Investment and of the House of Representatives nor the executive branch, but came from some investors, calling for amendments to the Investment Law (2006) instead of issuing a new law is running the parliament does not change anything from investment contracts, but merely "a waste of time."

http://www.sotaliraq.com/mobile-news.php?id=68648#ixzz24NJlWuVA

 

Alfalh: We have reached a final formulations for three key issues
8.23.2012

Baghdad : Orr News announced bloc "National Alliance" to reform committee set up by the weeks before reached a final formulations for three key issues. A member of the bloc "state law" MP Ali Falh "The three sub-committees emanating from Reform Committee set up by the National Alliance had prepared a working paper for the three basic issues related bodies independent and rules of procedure of the Council of Ministers as well as fill the security ministries." and explained that "these committees will raise the final formulations for its work to the President Ibrahim al-Jaafari bloc after the Eid al-Fitr for approval within the coalition to be presented to the rest of the political blocs. " He pointed out that "a breakthrough in the crisis will be in a few days." He called Falh the rest of the blocks to "deal positively with the National Alliance calls for reform. Stressed that the need to reform initiative concerted intentions." But mass "Iraqi" led by Iyad Allawi still believes in the reform initiative to try to gain time. Said deputy Ahmed al-Alwani's "life" that "the political blocs were disappointed because of the lack of initiative of the National Alliance for reform that he promised." He explained that "the coalition did not provide any formal initiative to the political blocs and being just bilateral meetings. Should begin implementation of reforms within the government."

http://www.sotaliraq.com/mobile-news.php?id=68687#ixzz24NKkyQY0

 

A census would end the controversy over the region's share of the budget and the number of seats in the elections
08/23/2012 16:08:21 Thursday

Baghdad (news) : confirmed legal expert Tareq Harb, that a census would end the controversy over the share of the Kurdistan Region of the budget, as well as an end to the controversy over the number of seats in the election and a lot of problems.
said war in a statement received (of the Agency news) on Thursday : Commenting on what he said other about share of Kurdistan of the annual budget and the issue of the distribution of seats for each province at a provincial elections and elections for the House of Representatives and has been increasing the number of seats Erbil and Nineveh in the House of Representatives election for the year 2010, while no increase seats a number of provinces such as Basra and Salah Religion, for example, and in order to determine the merits of each component in the positions of sovereign and independent bodies and special grades and given the passage of more than a quarter of a century on the latest population census happened in 1987 in Iraq, has been more than four years on the issuance of Law No. 40 for the year 2008 is the law of the general census of population and housing, and to give everyone his right and entitlement and to rely on the evidence minutes for a stake in the budget and the number of members of each province and the number of episodes of each province and because existing data Gerdqikh, It was time to wake law census of slumber that includes its own data statement Almzhba also if we want to end many disagreements and differences.

http://www.ikhnews.com/news.php?action=view&id=52971

 

Future meetings of the blocs will put the final touches on the reform sheet items
08/23/2012 12:59:17 Thursday

Baghdad (news) : The leader of the coalition of state law MP / National Alliance / on the Keywords, that the coming days will witness the meetings of the political blocs will be developed through the final touches to the terms of a paper reform politics.

said Keywords in a statement (of the Agency news) on Thursday: The previous meetings held between the political leaders resulted in a convergence of views between the blocs, noting: that most embrace the notion of reform and initiative of the National Alliance have an impact arena political.

 

Trade Minister: We will cut off trade relations with Iran and Turkey due to water
23/08/2012

BAGHDAD / JD : Iraq announced it would cut commercial ties with Iran and Turkey in the event of continuing to reduce Iraq's share of water.

The trade minister said Khairallah Babiker in a statement seen by / JD /: not left any agreement for economic and trade cooperation in the light of practices and behaviors carried out by neighboring states and dictated by respect for international laws. "

He explained: The Ministry of Commerce will press both Iran and Turkey to give Iraq its share of water and stop the drought disaster that will "expressing surprise at the silence of the legislative and government on what was happening in Iraq's rivers.

 

Central Bank: Iraq has no interest in breach of sanctions on Iran
23/08/2012 02:27

BAGHDAD / Center Brief for the Iraqi Media Network : said the Iraqi Central Bank that Iraq does not have any interest in violation of international sanctions imposed on Iran, calling for Iraq is excluded from the sanctions according to the UN Charter on the grounds of his dealings with Iran are purely civilian. said bank vice governor appearance Muhammad's (Center Brief for the Iraqi Media Network) that "there is some kind of confusion through the accusations directed to Iraq on circumventing the sanctions imposed on Iran," he said, adding there was "no interest to the Iraqi government from any angle in such things."

 

Talabani will return early next month
8.23.2012

Baghdad : Orr News predicted "the Patriotic Union of Kurdistan (PUK)," led by President Jalal Talabani, to intensify meetings officials to resolve the political crisis, after the return of President expected in early September next, said a spokesman for the political bureau of the Patriotic Union of Jundiyani "The return of President relies on doctors, but was close, may be two weeks from now, "and added that" political leaders expect near solutions to the crisis. " and explained that "the meetings will be conducted by Talabani with the leaders of the forces in preparation for the national conference and will coordinate first with regional president Massoud Barzani to determine the point of view region ". , the expected leader of the Patriotic Union of Saadi beer return Talabani "in the first week of September next," noting that "the President will begin his meetings quad between the National Union and the Democratic Kurdistan and the Shiite house and fraternity of the year, to open a new page and reconsider relations convulsive crisis and begin to dissolve. "

http://www.sotaliraq.com/mobile-news.php?id=68686#ixzz24NHYM66M

 

Barzani invited to gather Iraqi leaders for meeting in Erbil once more
23/08/2012 09:37

ERBIL (AKnews):  Kurdistan Islamic Union (KIU) Bloc at the Iraqi Council of Representatives has called on Kurdistan's President Massoud Barzani to gather all political leaders of Iraq in Erbil for negotiations to overcome the political crisis in the country.

Awena news agency quoted KIU Bloc Leader Najib Balatayi saying they are looking forward for the suggestion to be enforced.

Balatayi said the meeting will pave the way for another meeting between Barzani and Iraqi Prime Minister Nouri al-Maliki.



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