7-1-2013 Poppy3 THE NEWS ON OUR INVESTMENT IS AWESOME TODAY, I CAN REPORT THAT POWER SHARING IS IN PLACE. MALIKI HAS BEEN CLIPPED OF MORE THAN HALF OF HIS POWER, HE IS NOW A NON- INTEREST TO US. WOW HOW LONG HAVE WE NOW WAITED FOR THAT TO HAPPEN. RUMOR THAT THE TARIFF LAW WILL BE IN EFFECT AS OF MONDAY THIS LAW ALLOWS THE 22 SHIPS REPORTED ANCHORED OFF THEIR PORT TO FINALLY UNLOAD AND THE COUNTRY WILL COLLECT A TARIFF TAX WHICH WILL AGAIN BOOST THE COUNTRIES WEALTH. THIS ALSO WILL MAKE GOODS AND SERVICES TO THE IRAQ PEOPLE RAISE IN PRICE ESPECIALLY FOOD PRODUCT. THIS MEANS AND THEY HAVE TOLD THEIR PUBLIC THE RATE OF THE DINAR WILL RISE SUBSTANTIALLY AND THEIR BUYING POWER WILL MORE THAN CARE FOR THE TARIFF INCREASE. THIS IS MUSIC TO OUR EARS. I AM PREDICTING THE RATE OR RV OF THEIR CURRENCY WILL TAKE PLACE THE WEEK OF JULY 4TH ... THIS IS MY EDUCATED GUESS. THEY HAVE AND ARE OPERATING ON A URGENT SCHEDULE.
7-1-2013 TerryK IM GETTING WORD THEY ARE TRYING TO MAKE THIS HAPPEN TODAY YET BUT I BET NOT TILL TOMORROW. BANKING SYNC TOMORROW NIGHT. I ALSO HAVE BEEN TOLD THEY HAVE A RATE BUT ARE NOT SHARING. I HEAR THEY ARE LOADING THE CARDS WITH THE RATE TODAY TO LET THIS POP TOMORROW, MAYBE TODAY YET. THEY HAVE EVERYTHING READY. ITS HERE. THIS IS OUR WEEK. WELL IM REALLY EXCITED.
7-1-2013 Randy Koonce All has been done months ago. Once the CBI changes, it all goes from there. The RV has to take place and then they will have a National Meeting. It's not about the global reset, it's about Iraq. How long do I think this will go? No more than 14 days, 2 weeks. Our best window is this week and next week. Could it be tomorrow? Yes. Could it be in 14 days? Yes. Everything is where it should be. I am looking at any time, I see nothing to stop it. We are in a super good spot. Ramadon won't matter, it won't come into play. It is a working holiday. I am still saying it will come out at $3.41 - $3.44, no lower. I like Thursday of this week. I know there is a time limit. It's on a course that can't be reversed. They can only pick the day. Cash ins should be a breeze, no problems.
7-1-2013 TD After several days of nada from my GOI source I heard from him few hours ago. Last week he had informed me of news out of Iraq clarifying more about currency reform. A important article was to come out today but he says it's being edited and should come out next few days, certainly this week. Asked about any pertinent info to which he replied the CBI, Finance committee and newly formed currency reform commission still tackling stability issues. He says at this point the building of the mechanisms of solid foundation to SUPPORT target rates is the challenges they are working on and in consultation with the IMF. One proposal made already was REJECTED by the IMF. I asked if they still intend a short term manipulation for Ramadan period and he replied YES. It's a priority to get things going. For the first time we discussed Lower denoms and contrary to popular belief THEY ARE NOT YET READY. We had a few minutes of chatting about the "wild rumor mill " and he debunked every one of them , namely : "Global Reset" (he says he's aware of some countries moving numbers this year but 192 he says IS RIDICULOUS). "The IQD RV paying for Americas involvement in the war " (sounds good but no credible direct link)."Iraq , if they don't RV will have to go back to Chapter 7 " (He laughed, nuff said). "Double digit IQD (as ultimate goal)" Again he laughed. I asked him about VND and these crazy numbers about .48 cents, etc. He said "if Saudi Arabia is at 27 cents what sense is Vietnam at anything above A PENNY. Be back soon with more info : REMEMBER STAY A REALIST !!
7-1-2013 Poppy3 i repeat again all sources saying july 3rd is our first possibility and they think it will be complete within the next two weeks at the latest. THEY HAVE TO HAVE THE MONEY TO SATISFY THEIR BUDGET AND CAN'T OPEN IT TILL THEY DO. THEY HAVE PAYMENTS BUILT INTO THE BUDGET AND THERE ARE MANY THINGS THEY WANT AND NEED THAT THEY CAN'T GET DONE WITHOUT THE RV. WE ARE IN A GREAT POSITION AND CAN EXPECT THE RV VIRTUALLY AT ANYTIME BUT WE MUST GIVE THEM TIME TO POSITION THEMSELVES TO DEVELOP THE TRADABLE CURRENCY, OPEN THEIR BUDGET, PAY SOME DEBT, JOIN THE WTO , TARIFF LAW IMPLEMENTED. THEY APPEAR TO BE WORKING NON STOP TO ACCOMPLISH ALL OF THIS. I WILL ALSO SAY RAMADON WILL NOT STOP THE PROGRESS AND THEY WILL BE WORKING DURING RAMADON. NOW THIS IS MY STORY AND I AM STICKING TO IT BECAUSE IT IS NOT A GUESS IT IS REAL. POPPY3
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7-2-2013 Jester i think the processing is taking a little longer than expected...we are aware of what is left... they just need to finish it...the forex is all ready...the banks are all ready...[Okie...said all was complete except waiting on the U.S.T. notification. Is this one of your remaining issues? If so.. what is the other?] that is all the bank is waiting on... we are aware of a couple things in the process to complete too.
7-2-2013 Doc There continues much news concerning the big kahuna or as it is called in Iraq the HCl. We quote a recent article as "...Massud Barzani, head of Kurdistan on the existence of an agreement between the Federal Government and the Kurdistan Regional Government on the final version of the oil and gas law for adoption." The article goes on to say this began with the meeting with Maliki last month and both sides are resolved to resolve outstanding issues. While we have seen this type of reporting in the past we have not seen the volume we are currently seeing. As we continue to report we need to see the infrastructure in place with HCL being a key. We are very encouraged by the reports. Another key factor for currency reform is political stability. The tone of the news releases have changed somewhat from political infighting to political cooperation. This is evident by "the political blocs witness among them mobility and nationally to agree on laws, passed in the House of Representatives" noting that "the life of the government and the current is very short and Atkhaddmh differences and convulsions, and on the blocks exploit this calm and pass all the laws during the current period." While we welcome this period of calm we remain cautious concerning Maliki. A few reports have surfaced of him trying to manipulate the system for a third term. We still maintain Maliki was dealt with or chapter 7 release would have never happened. However, we will still keep one eye on him. All-in-all the news continues extremely positive. We reject the opinions that all is done which have never proven correct. Macro currency economics suggest the infrastructure to support a strong currency while progressing rapidly is still not fully in place. With this we advise all to not get excited concerning currency reform until sometime after Ramadan. We can only hope the political stability continues and those key laws are passed in the near term. We report, you decide.
7-2-2013 TerryK I KNOW ITS DONE ALL DONE AND WE ARE SOON TO BE BLESSED MORE THAN EVER. TOMORROW NIGHT IS THE BEST NIGHT FOR BANKING AND THE SYNC BUT HEARING A RUMOR THAT IT COULD BE A FEW MORE DAYS, DIFFERENT SOURCES. JUST LITTLE THINGS HAVING TO BE DONE.[How long can they operate outside of Chapter 7 without an RV'd currency do you think?] DAYS, THATS IT. THIS WILL NOT GO OUT TO AUG 1. HEARING JULY 4TH, LATEST THE 8TH. I DONT THINK THE 8TH IS EVEN IN MY THOUGHT PROCESS. IM THINKING TOMORROW
[TUESDAY] NIGHT, OTHERS SAYING DAYS. [any word on rates?] .48 DONG AND OVER 11 DINAR.
7-2-2013 Poppy3 been told several times from very good sources that they will continue to work through RAMADON till all is accomplished because they have deadlines issued by the UNSC. I AM EXPECTING THEM TO GET THE RV DONE SOONER THAN LATER BUT ONLY TIME WILL SHOW THE TRUTH. OUR TIME NOW IS VERY SHORT COMPARED TO WHERE WE HAVE COME FROM. MALIKI IS IN A NULL POSITION AT THIS TIME WITH THE NEW 7 GOVERNORS AND THEM HAVING SECURITY POWER OVER EACH REGION. WOW THAT IS HUGE. I AM COUNTING ON THAT THEY FINISH BEFORE RAMADON EVEN STARTS ON THE 8TH OF THIS MONTH AND THEY HAVE PROMISED THEIR PEOPLE THEY WILL HAVE HIGHER CURRENCY DURING RAMADON. I think the deal was cut. We all know Kuwait doesn't trust Maliki or Iraq to pay them and I truly can't see them pushing for release from chapter 7 without they had a firm grip on their money and the oil fields % is a sure thing for them. Thus the reason the announcement they will have the debt paid by 2015. If the deal was pay us upon the RV that would put Kuwait in the same position as you and I in a waiting game with no guarantee's of a deadline for payment. I think all the reference to the 11 billion not being paid is a mute point and has zero to do with pressure for the RV. I hope I am wrong and the 11 billion is incentive for them to RV and the UNSC set a absolute deadline for the payment but only time will tell. [are you saying you believe this will still RV in the next few weeks, not holding to you...as no one knows...but after reading above...it seems to be saying 2015...am I reading this wrong?] I EXPECT TO SEE IT WITHIN 48 HOURS BUT EXPECTING AND SEEING MAY BE TWO VERY DIFFERENT THINGS . POPPY3

