6-24-2013 *OCrush [via Hopesaway] ~Ocrush...is very excited about how well things are moving along in Iraq!!!!! Here are some key points from him: 1. March 31st - This is the day Iraq was supposed to be released from chapter 7. Obviously there was a 3 month delay. An April 1st RV was a legitimate date that [Gurus] Steve, Ray and Ocrush were all looking at. As we know Iraq borrowed money from Japan to make it from April 1st until now. 2. June 27th - There has to be a formal announcement of the release of chapter 7 and that day will be June 27th. It will be called National Day and there will be a celebration of some sort. The RV WILL NOT HAPPEN until Iraq is officially released from chapter 7. All is done for 7 except for demarcation; missing persons; and payments. On thursday we will see Biden, Zibari and many other VIP's in attendance. Most things will be put into chapter 8 and a couple of things will go into chapter 6.
6-24-2013 *Fresh ~Kuwait is basically shouting for Iraq's full release from Chapter 7 because all debts are paid...all that I've read is that it's been 100% paid. in my opinion...we could all stand to make a very significant amount of money at any moment and also it could be in surges - for example overnight a $1 USD to $1 dinar equivalent and then it dramatically surges upward from there over the days that follow...whenever the market gets wind of something new that is "hot" they tend to buy into it prematurely and quickly and the value of that equity, etc can get inflated...meaning let's say $3.33 is the target rate for example. They could float the rate out below that and the market could actually drive it up well over $4 and the "buzz" can feed that move higher.
6-24-2013 *Enorrste ~Article: "Directed to sell the dollar b {1183} in all private banks" I agree completely with KAP's analysis. The quoted passage...hings on the meaning of "activate the reality of their work." This phrase can be easily understood because just below it is the phrase "requires the banks to organize their work and strive to develop the mechanisms of action and reach out to the world in the provision of services." We can therefore understand their "work" to be the development of mechanisms to facilitate worldwide commerce. What would do this? A freely floating currency would certainly be a part of the process. Therefore the "mechanism" that they say they need to "develop" is to get the free float off the ground as soon as possible.
6-24-2013 *OCrush ~3. THE DATE - No one knows the exact date the RV will take place. But as [Guru] Steve has said, 72 hours or so after the release of 7 is logical although it could be longer than that if they need it. 4. THE RATE - No one knows the rate but it will most likely be fixed. 5. The Federation Council - The FC has been put into place but has not been initiated. Once chapter 7 has been made official then the country will be under the rule of the FC. The PM, Maliki, will just be a figure head. The FC consists of top politicians and religous figures. 6. Money - Its all about the money. There is lots and lots of money flowing into Iraq right now. Many corporations are there under their DBA (doing business as) names. The most important thing waiting to be signed are the MOU's. The monetary policies are set to take place through the DFI and the CBI. 7. The Constitution - The constitution has already been put in place, it is amendments that are waiting to be added. 8. Dr Shabibi - Dr. Shabibi will not be charged with anything. He will not be coming back to the CBI and he will be retiring when this is over.
6-24-2013 *TD ~"IT'S A FRENZY IN IRAQ". Just a moment ago received this wonderful email from my Iraqi contact. He is simply overwhelmed with excitement and joy!!I got goose bumps reading his email. He says after a FRENZY business day in Iraq all PTB's, MP's, foreign contractors, bankers, etc., etc are at Iraq's finest hotels & restaurants toasting a remarkable day in deal making.Evidently parliament also passed some laws last couple days making investment & deal making very inviting and cutting thru red tape. ALL THIS WEEK you'll see country after country, company after country announcing deals made. It's a REAL LIFE GOLD RUSH happening in Iraq before our very eyes. Personally I'm so very happy for the Iraqi people . LOTS more to come .
6-24-2013 *Bulldog75 ~CITIGROUP BANK has just announced Citigroup will open banking services, on Monday, to open an office in Baghdad, Iraq and become the first U.S. bank to expand its services to include Iraq. Yes, Citigroup moving in but the time of intention to open up was in question. It appears this weekend to Monday is the time frame now. THIS IS A CONFIRMATION FOR CITIGROUP BANK ONLY IN BAGHDAD TO OPEN ON MONDAY. I FEEL THIS IS DIRECTLY RELATED TO 'CE' [CURRENCY EXCHANGE] YES. THIS ADDS THE CREDIBILITY FACTOR TO THE REST OF THE WORLD. A TRUST FACTOR IF YOU WILL. )) CONFIRMING IT...THATS A BIGGIE.
6-24-2013 *BGG ~IMHO I suspect Iraq (according to various reports) should have an “internationally recognized currency” prior to being removed from CH7 sanctions…I don’t think these current numbers will qualify as “internationally recognized”. 1000:1 just won’t cut it. Which leaves us with several scenarios… 1) Iraq pulls something stupid over the next few days and the world steps back and lets Iraq languish for a few more months (it is possible – not likely, but possible)… 2) Iraq does something with their currency and it is “internationally recognized” – followed by a vote on the 27th and Iraq is allowed out of CH7 immediately. 3) Iraq does nothing with their currency, there is a vote on the measure on the 27th…followed by some “administrative benchmarks” and then Iraq is allowed/expelled from CH7 during some “soft timeline” afterwards. Likely over the course of 4-6 weeks(ish) following a vote on the resolution (the 27th). During the course of which they do something with their currency and pay Kuwait (I doubt anyone trusts them to pay up unless CH7 is held over their heads). the above is JMHO. Nothing more.
6-24-2013 *Jester ~heard all kinds of good things today...[Citibank opening in Iraq. Any news on that?] heard it was happening...only a matter of time before people want to do business there.. a good sign i would say. [Have we finally run out of Events Thursday?] LOOKING LIKE IT... LETS HOPE SO. [ when are they planning on pay kwuait the $11 billion??? Is it true they will pay it on the 25th?] I AM TOLD IT HAS TO BE PAID 24 HOURS IN ADVANCE OF THE VOTE SCHEDULED FOR 11AM ON THURSDAY...[so...we should RV at the latest tuesday so they can pay their debt wednesday to be 24 hrs prior?] THAT MAKES SENSE...NOT CALLING IT...BUT IT DOES MAKE SENSE, SO LETS HOPE YOU ARE RIGHT.
6-24-2013 *Bulldog75 ~[Can you explain the, do they have to RV before or can it happen after the removal of Chapter7??? lots of confusing info.] THIS WILL HAPPEN AT APRROX SAME TIME; ITS A CART BEFORE THE HORSE ISSUE. PATIENCE. IT'S COMING.
6-24-2013 *WILDDUCK ~WE ARE SEEING THE IRAQ GUYS AND THE WORLD RESET GUYS ARE STARTING TO AGREE ON SOME OF THIS AND THAT IS REALLY FUNNY STUFF IN CHASE TO FIND THE PAYDAY OF RELIEF THAT MOST ALL OF US ARE LOOKING FOR. I THINK THAT WE ARE IN THE SAME WINDOW AS THIS TIME LAST YEAR ONLY WITH A HOST ISSUES RESOLVED THAT NOBODY KNEW NEEDED TO BE RESOLVED LAST YEAR, IMO.
6-24-2013 *TerryK ~ALOT TO GO DOWN TODAY IS WHAT IM WATCHING FOR. IM REALLY LOOKING FOR THIS HAPPEN ANY TIME.
6-24-2013 *Administrator Bob ~Three days and counting...The official UNSC vote to lift United Nations Chapter VII on Iraq. Some 23 years ago these were imposed. The week is starting off very exciting as we progress to Thursday...
6-24-2013 *Hub ~who in their right mind would put a bank in the middle of a country with a worthless noninternational traded currency? yes, it is citi, but would they go if the money would not be tradable. no, they would not, nor would they go if something wasnt coming up as soon as they open, in my worthless opinion. so, you think maybe they know something? My contact with the brother in law in iraq...his company was just bought by exxon/mobil last thursday. why would they buy an oil service company in iraq at this time? i have said many times, $2.55 to one dinar 60 years ago, $3.22 20 years ago, so this will be right up there again, and my contacts say very, very soon...i think we all are going to be very happy, very soon.
6-24-2013 *WILDDUCK ~[IYO will Iraq use revalued dinar or usd to pay the $11billion?] THIS IS MY OPINION, IT MAKES MORE SENSE TO USE A NEWLY REVALUED DINAR TO PAY DEBTS...[anymore items need to be resolve that you know of?] IT FEELS ALOT LIKE THE ARMY HURRY UP AND WAIT AND OOH OOH WAIT WE FORGOT THERE IS JUST ONE MORE THING WE GOTTA DO. IMO [Any thoughts if Iraq gets out of chptr7 and we see no RV?] NOPE DO NOT THINK THOSE THOUGHTS. [It appears to me that we are at the end of the ride and half the info we are getting is put out there to create confusion and fear to distract from what is really happening.] YOU ARE VERY VERY VERY CORRECT.
6-24-2013 *Stryker ~Interesting weekend and I believe it will only get more so, as we get closer to the UN Security Council Meeting, their vote on Iraq's release from Chapter VII on Thursday the 27th...
6-24-2013 *TerryK ~LET'S TALK VND...MY BUDDY...TOLD ME ...I AM SPOT ON WITH THE DONG RATE, .48 BUT HE THOUGHT IT HAD A STRONG CHANCE TO COME OUT HIGHER, BUT HE HAS SEEN THAT RATE.
6-25-2013 *Jester ~I HAVE SAID MANY TIMES WE ARE WAITING FOR CERTAIN PEOPLE TO BE WHERE THEY ARE NEEDED TO BE? THEY HAVE A PLAN... THEY KNOW WHAT THEY ARE DOING... AND THEY ARE DOING IT...IT IS A PROCESS... UNTIL IT IS COMPLETED THERE ARE THINGS THAT NEED DONE...HMMMM.

