THE DINAR OBSERVER DAILY April 16th

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DINAR Talk Call

w/BGG and Kaperoni – from April 8th

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*** Current Posts ***

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Poppy3

Breaking Intel from Poppy3.

Dinar RV can still happen at anytime. All the following will happen at the same time, at least within a few hours of one another as they are all tied together:

First - as I told you earlier, the three contractors have not been paid yet and that leaves the door open for the RV to still be pending to happen this week…

Read More: http://www.dinarupdates.com/ (Poppy’s Place)
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Adam Montana - [90 Tons of Gold, an announcement by the CBI to reprint the current currency and then an announcement to stop the media outlets from speaking about the CBI- thoughts on this?]  If Iraq was as destitute and in shambles as so many of the anti-RV crowd believes, they wouldn’t be maintaining a stable rate on their currency and they definitely wouldn’t be investing in precious metals… they would be adding 0′s to their currency and selling anything they could.  We are watching a country get stronger and stronger, marching forward in democracy, and intending to raise the value of their currency. 
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Tune in for Our Round Table Chat @ 1:00PM EST – today (in Chat Room)!!

Read More: http://www.dinarupdates.com/

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Adam Montana - I believe we won’t see much until the Elections are complete, but then it’s “GAME ON!”. The elections are officially scheduled for just 2 short weeks away from now, and the “opposition” to Maliki’s 3rd term seems to be running out of gas… it’s my official opinion that Maliki will retain his position and shortly after that we will see major news on the HCL, which is exactly what we want.
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Millionday News Time Chat Part 1

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Millionday News Tues Nite 4/15/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] here we go

[millionday] this is very important and is about the rv many have seen it but lets tear it apart

[millionday] here we go  — Baghdad – represents the economic stability of any country component of equal opportunities for the supply and demand for services in it, where he sees an economist that the presence of stability as well as to isolate external influences and minimize the national economy and revitalize the work of the productive sectors and solving economic problems internal push towards strengthening and enhancing the value of the dinar.

[millionday] note –supply and demand is a market economy…

More: http://www.dinarupdates.com/showthread.php?13592-Millionday-News-4-15-14

And seen on: DinarReCaps.com
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Aggiedad77 - Article:   “World Bank reports show significant progress in the development of the Iraqi economy“  From last week’s meetings in Washington with the IMF and World Bank….the WB expressed satisfaction in the manner in which Iraq has performed economically in recent years…this is largely in part to how Iraq is exploiting its natural resources and its investment operations…they also warned Iraq of concerns over their budget from abnormally high expenses.
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BGG - Maliki’s name is not “on a ballot” - the SLC has MP’s up for re-election…based on the overall party results, the winning “majority party” will get the chance to form the next government…(name the PM).  Maliki is not up for reelection – which is why it is soooooo troubling when the major players are all not giving their assent to a 3rd Maliki term…it has to be terrifying to him.

[I believe that Maliki KNOWS his current state of affairs and that his future as Prime Minister is out of reach. His trip to Washington didn't go well...Iran is relieved of some sanctions and doesn't need him...Barzani, Najafi, Sadr, Talabani (or the next President of Iraq), Allawi, and maybe even Turki are fed up! In my humble opinion, the question becomes, "How long before he's official out of office...by resignation or loss of title?!"]   Now that, is an accurate rendition.
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The DINAR Talk Info Call

w/BGG and Mr. White – April 15th

Click-N-Listen!! 

Smart phone user link – Click here

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Stryker - In my studies over the years it shows that Iraq is heavily dollarized and as much as 80% of what Iraqis use every day to buy things are in USD, so that means that the dinar is only used on 20% of the time when they buy goods and services.  With that in mind, since their economy is calculated (inflation and such) by the use of the dollar as well as the dinar it only sure makes sense that this money supply (USD) is part of that 72 trillion dinar figure that the CBI shows on their financial statements.

In other words, each US dollar in their market place should be accounted for on their financials at 1166 dinars, take away one dollar and you would be taking away 1166 dinars once they de-dollarize Iraq. A country only accounts for their money supply by its domestic currency and not by another countries currency that is being used but since their statistics are based on what takes place in their market place it only makes sense that they do this…that’s my take on it.
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Poppy3 - THE TIMING IS EVERYTHING AT THIS POINT. THEY CAN PLAY IN THE BIG LEAGUES ANY TIME THEY GET READY TO STAND UP AND BECOME A WORLD PLAYER IF THEY CAN GET THEIR OWN FEET AND POWER GRAB OUT OF THE WAY.  IN THE END WE WILL WIN FOR SURE. 
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The power of the cash reserve to support the value of the national currency


BAGHDAD – Mustafa al-Hashemi - Represents economic stability of any country component of equal opportunities for the supply and demand for services in it, where he sees an economist that the presence of stability as well as to isolate external influences and minimize the national economy and revitalize the work of the productive sectors and problem-solving domestic economic push towards strengthening and enhancing the value of the dinar…

Revaluation 

He was an academic economist called earlier based on the economic sector in Iraq to re-evaluate the value of the currency after it enhances the cash reserve quantities of gold.

Said Dr. Majid Baidhani it imposed after the addition of about 1.5 billion dollars to the Central Bank reserves to rise the value of the dinar to a higher level compared to its exchange rate against the dollar, praising the procedures followed in the context of monetary policy, stressing the need to speed up the move to re-evaluate the dinar to strengthen the foundations and pillars of the economy National. 

It should be noted that the central bank boosted its reserves of gold to up to 90 tons after announcing the purchase amounts of it for the purpose of selling them to the public in support of enhancing the value of the local currency…

Read More: http://www.dinarupdates.com/blog/
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Millionday News Time Chat Part 2

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Millionday News Tues. Nite 4/15/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[quicktolegit96] Any news on when they meet for budget or did i miss that?

[millionday] quicktolegit96 i believe so — i will bring what i have on it

[faith1] … how long can they talk so frankly about the RV, before the people get or throw things (not shoes), just seems the ink at this point regarding increese of value to reality rate is stated as a matter of fact/…

[millionday] it seems that way to me as well — they have made it clear to me that they are working on the monetary policy and it has in it the change of rate and the goal to move to the market economy of the globe

[hstrymknwmn] Who wanted to borrow from world bank? If they know rv is why ask to borrow?  Chi or goi

[millionday] it was a request from the finance committee and CBI stated they dont want to do that   —  GOI

[hstrymknwmn] So why doesn’t the goi want to rv and borrow?  And want to borrow

More: http://www.dinarupdates.com/showthread.php?13592-Millionday-News-4-15-14

And seen on: DinarReCaps.com
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Poppy3 - WELL IT APPEARS THE CONTRACTORS EVIDENTLY HAVEN’T BEEN PAID TODAY AS REPORTED AND WE HAVEN’T HEARD THE RV EITHER … AS WE REPORTED…THE SOURCES STATED THE INFORMATION WAS BASED ON THEY HAD BEEN PROMISED AGAIN THAT 3 OF THE GOVERNMENT CONTRACTORS WERE TOLD THEY WOULD BE PAID IN REVALUED DINAR TODAY. THIS HAD HAPPENED LIKE SO MANY OTHER THINGS MANY TIMES OVER THE LAST TWO YEARS BUT WITH ALL THE MOVEMENT LATELY BY THE CBI THEY TRULY THOUGHT THIS TIME WOULD BE THE RIGHT TIME.   SO,  EVIDENTLY SOMEONE OR SOMETHING HAS HELD UP THAT HAPPENING AGAIN. 

I WAIT TO HEAR BACK FROM THEM FROM WASHINGTON AND PRAY THEY CONTACT ME SOON WITH GREAT NEWS.  I STILL FEEL STRONGLY THEY HAVE MADE SUCH PROGRESS IN A SHORT TIME THAT THEY HAVEN’T DONE ALL THESE PROGRESSIVE THINGS AND SPENT ALL THE BILLIONS PAYING OFF DEBT AND PURCHASING GOLD AND PRINTING EVEN MORE NEW LOWER DENOMS TO JUST STOP.  THEY WILL GET IT DONE ONE WAY OR THE OTHER…WE WILL BE BLESSED IN DUE TIME.  THERE IS ZERO REASON OR USE FOR LOWER DENOM IF THEY DON’T VALUE THE DINAR A RATE WORTHY TO USE THE LD’S .. THIS ALONE IS PROOF THEY ARE GOING TO RAISE THE VALUE OF THE CURRENCY.
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Check out the Dinar Corp 90 – it’s EQUITY!!

Commercial Solicitation

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Hub - …the dinar in 1955 was $2.55, in 1990 it was $3.22 and it is going to be valued again…should be very close…Iraq is too valuable and too proud not to have the Iraq Dinar in place again…there are several countries with worthless money, but all of them have nothing to offer the world at this time, so how does a country with billions of barrels of oil, gas, diamonds and gold not have a currency equal to its resource wealth…it doesnt…it will be equal to the intrensic value.
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tlm724 - Article quote:   “The amount of cash reserve represents bumper biggest fluctuations in oil prices follows affect the fluctuation of the exchange rate where it not for the strength of the amount of the reserve sovereign to the value of the dinar“  so IF they didn’t have the huge reserves then the dinar would be unstable but that is NOT the case now!  the value of the dinar is NOT reflecting it’s true value YET.  

economist earlier called for those in charge of the economic sector in Iraq to re-evaluate the value of the currency after it enhances the cash reserve quantities of gold…so re-evaluate the dinar after they got their gold to a level they are comfortable with and they HAVE that level now!  Article quote:  “the Central Bank reserves to rise the value of the dinar to a higher level compared to its exchange rate against the dollar“   there you go raise it above the value of the USD and the CBI has the reserves to cover that!
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home7

Iraqi Dinar/Dollar auction 04-16-14 

Currency Auctions Announcement No. (2653)

This daily currency auction was held in the Central Bank of Iraq on the 16-Apr-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 15
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  218,728,000
Total offers for buying (US$)                             218,728,000

Read More: http://www.dinarupdates.com/blog/
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pinocchio-smileyLONG copyBluwolf - There is no ten year “whatever” holding if you were to sign your nda.  The reason behind the nda is for the full protection of all involved ( bankers, citizens, the buyers- Chinese } and the bank itself.  It’s a matter of security only.   Update:   We still wait on the Americans to put everything in motion worldwide.   As of last night I was informed that the go will happen in a bit with them or without them.   
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Shredd - Why are the reserves a big deal?   Iraq is dedollarizing, updating their notes and are going to remove the zeros this year. The reserves have proven to provide stability. Soon we will see the monetary policy change and soon we will see a change in the valuation of the dinar. It’s all connected and reliant upon it.
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Millionday - Article:  “He said al-Khalidi that the Presidency of Parliament will announce hold a parliamentary session to vote on approving the budget as soon as the agreement of the Quartet between the Governments of the center and the region around the outstanding differences in the budget…“   they are meeting and the results can bring an immediate meeting to vote through the budget if resolve takes place -  now that would make sense by what we are seeing go on.  [With the activity of today and the movement on the budget, do we think this is getting close to having a reality rate, like in 5-7 days?]  i dont know the days but it certainly looks as if they are pushing very much to do this in a hurry -  i know many predictions are within days.
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Expert calls for the deletion of zeros from the current currency instead of printing new currency 

Iraq / future - The head of the Economic Studies at the University of Kufa, an economist Raad Twigg, the central bank to take comprehensive measures to replace the currency and delete the three zeroes and determine the exchange rate of new Iraqi currency, instead of putting up a new currency confuse the deal in the local market.

Twigg said, that “put the Iraqi Central Bank to cash currency with new specifications without pulling equivalent represents an expansion in the money supply in the local market…

Read More: http://www.dinarupdates.com/blog/
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TLAR ~

The argument with the CBI is that they appear to be following Shabibi’s plan to a tee. Shabibi had envisioned leaving the 1000, 500 and 250 in circulation until they were unusable.

There was no plan to re-print these notes because Shabibi thought that because of value the people would end up turning most into the banks as new accounts or just needing change. Shabibi only planned to print a series of smalls from 1 to 100 both coins and paper. He also envisioned printing the fils.

The economist above has a valid point to make. He assumes that there is no reason to print the 250, 500 or 1000 if they just delete the zeros and collect them at the same time they collect the rest of the 5000, 10,000 and 25,000 notes that are still out there.

I agree with him but it is obvious that the bank feels the need to close the gap and that too is a valid argument. I feel comfortable that the smalls are printed but they did not print these larger notes, the 250-1000. The bank appears to be staying the course and these notes at least for a while will join the smalls in circulation… 
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Frank26 - As for the RED POST…It is done.  But just like so many other things waiting patiently for the new rate from the CBI …So does my post.  It is not just the post…It is the timing of it.
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Kaperoni - Article:   “Parliament’s (time): Central plans to change the current currency“  [Have we heard an approx. timeline when these notes will be printed and hit the market?]   the context of most articles is they are done.  When they start using them could be anytime.  Interesting that the Finance Committee is on board…that can only mean one thing..they like the plan and the plan includes raising the value.
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The Washington Institute for Policy Studies: Maliki has lost much of his political capital

Baghdad / Iraq News Network - The Research Center of dollars that the Iraqi prime minister and president of a coalition of state law to face a difficult and critical in the upcoming parliamentary elections in light of the worsening problems and crises, and the widening gap between him and his political partners.

Said the Washington Institute for Near Eastern Studies in his study about the election Iraq’s upcoming parliamentary and opportunities contenders regulars where, Maliki has lost much of his political capital…

Read More: http://www.dinarupdates.com/blog/
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Poppy3 - MY GUYS SAID THEY EXPECT IT NO LATER THAN TUESDAY AND THEY AS OF TODAY HAVE NOT CHANGED THEIR MIND.  NOW THEY HAVE BEEN WRONG BEFORE BUT THEY HAVE BEEN RIGHT ABOUT MANY THINGS IN THE PASSED. IF THEY HAVE SATISFIED THE IMF IN ALL THESE MEETING OVER THE LAST WEEK THEN IT IS TRUE WE COULD SEE THE RATE CHANGE AT ANYTIME.

IF THEY HAVEN’T COMPLETED CHANGES TO BE MADE YET WE STILL HAVE SOME TIME TO WAIT. TIME WILL TELL BUT ALL THE NEWS IS POINTING TO RATE CHANGE. THEY HAVE PRINTED MORE LOWER DENOMS AND THE ONLY REASON FOR THEM IS IF THE RATE IS CHANGED.  WE ARE ALMOST HOME.
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Enorrste - I…just…reading the article about the World Bank being concerned that the budget has not been approved thus far.  In the article it is not so subtly stated that the “administration” expenses have grown substantially, starting last year, causing increased deficits.  Can anyone see the word “corruption” here?  What amazes me is that the World Bank would interfere in this matter at all.  Technically they have nothing to say about a country’s budget matters.  What we are possibly seeing is another ramping up of the rhetoric from international sources, in this case the normally staid World Bank, to get Iraq to move forward.  Let’s just hope it works.  Unfortunately, knowing what we do about Maliki, it will just piss him off more for their interference!
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Enorrste - Article:   “The Future of Iraq from an Iraqi Lawyer’s point of view“    Our investment is being held hostage to corruption at the very highest levels of the Iraqi government, and it is not clear that a change in leadership (which is not entirely likely) will brings us that much closer. When corruption exists at this level in Iraq it is nearly impossible for serious progress to be made. We have seen that the IMF and World Bank aren’t even that effective in getting Iraq into position for entry into the world economy.

Unless and until the high-level corruption is rooted out of the system, it is not clear that significant progress will be made for our investment. I don’t hold out a lot of hope for any lasting change in this situation, regardless of who is Prime Minister. Having said that, I am not intending to put everyone on a “total downer.” While we see all of the benefits for ourselves and for Iraq in the initiation of a free float, those who are benefiting from corruption that is rampant and pervasive in Iraq fail to see those benefits. This means that they have little or no incentive to move toward significant change (namely the float).

I…am still hopeful…there is a great deal of pressure being exerted from outside Iraq to get this process moving forward.  We have seen many steps in the right direction as well.  The way I see it, though, is that the trigger could have been pulled for some time now…and yet it hasn’t happened or even been discussed in terms of timing…  So it comes back to Maliki and his corrupt cohorts who must be holding this up.  I’m just saying…Only time will tell whether international pressure will be sufficient to get us to our goal.
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 Frank26 - [you must feel pretty confident. I haven't seen you make red related post in a long time.]   Never …Ever …Have nor Done so.  Of course I am confident …It is too illogical not to be.  I do not know when or how much.  But I truly know I am not intoxicated with untruth.  These are times to remember …Forever.  If You ever see me give You a RED post with FIREWORKS and AMAZING GRACE in the background then know this: Frank26 is done done.  Yes, It means the CBI has posted a new rate for the IQD of value.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Poppy3 - [Are you saying the rate may come in at $3.00- $3.42?]  IS WHAT I HAVE SAID FOR 2 YEARS NOW AND NO ONE HAS CHANGED MY MIND AT ALL.
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Stryker - Article quote:  “The head of the Economic Studies at the University of Kufa, an economist Raad Twigg, the central bank to take comprehensive measures to replace the currency and delete the three zeroes and determine the exchange rate of new Iraqi currency, instead of putting up a new currency confuse the deal in the local market.”   These are the types of articles, statements and opinions from experts and economist that I said to expect going forward after the CBI announcing the re-print of current series of currency.  I like that experts see what we are seeing in the fact it doesn’t make sense just to print more of the same without change, it just means we are on the right track in our thinking!!!
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Parliament’s (time): Central plans to change the current currency

BAGHDAD – Shaima Adel - Confirmed the parliamentary Finance Committee approved the proposal of the Central Bank in order to reprint a new series of banknotes and change the images, while the central bank began to re-print the banknotes in Iraq…

…He added that the (current notes will continue trading with the new will not be pulling them now or in the future…

Read More: http://www.dinarupdates.com/blog/
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Poppy3 - WE ALL READ TONS OF GREAT PROGRESSIVE NEWS…THEN WE HAVE HAD…SOURCES THAT HAVE ALL LINED UP STATING WE WILL SEE THE RV DURING THIS COMING WEEK AND EVEN SOURCES SAYING THAT IT WILL FALL NO LATER THEN TUESDAY AND I HAVE NOT HEARD ANYTHING DIFFERENT AS OF TODAY. IF YOU LISTEN TO…BGG AND MR WHITE AND OTHERS…THEY HAVE ALSO INDICATED THEIR CONTROLLED EXCITEMENT THAT THINGS HAVE LINED UP AND EXPECTATION OF ALL THE POSSIBILITIES ARE THERE TO SEE THE RV AT ANYTIME. 

WE HAVE SEEN MALIKI ACTING DESPERATE AND IT IS OBVIOUS HE IS BACKED IN A CORNER AND IS SCRAMBLING TO MAKE SOMETHING HAPPEN TO POSTPONE THE ELECTION OR TAKE EXECUTIVE ACTIONS ON HIS OWN. WITH ALL THIS BEING SAID IN THE PAST FEW DAYS IT SHOWS VERY OBVIOUS TO ME THAT WE ARE IN A GREAT PLACE TODAY AND GOING FORWARD IS GOING TO BLESS US BEYOND OUR IMAGINATION.
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home7

Iraqi Dinar/Dollar auction 04-14-14 

Currency Auctions Announcement No. (2651)

This daily currency auction was held in the Central Bank of Iraq on the 14-Apr-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 19
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  246,594,000
Total offers for buying (US$)                             246,594,000

Read More: http://www.dinarupdates.com/blog/
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Arthur - I WOULD HAVE TO SAY THAT ALL THIS SUDDEN BUYING OF ALL THIS ADDITIONAL GOLD WHICH THEY THEMSELVES ARE SAYING IS FOR RAISING THE VALUE DINAR AND ENHANCING THEIR ECONOMY ALONG WITH ALL THESE MEETINGS WITH THE IMF, WB AND WTO PORTENDS REALLY GOOD POSITIVE MOVEMENT IN OUR FAVOR.  WE ARE VERY CLOSE TO THE ELECTIONS.  WE SHOULD VERY CLOSELY WATCH ALL THESE DAYS LEADING UP TO APRIL 30TH AS THESE CANDIDATES START DOING THINGS TO TRY TO IMPRESS THEIR PERSPECTIVE CONSTITUENCIES.  THINGS ARE DEFINITELY HEATING UP AND GETTING EXCITING IMHO.
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Central Bank reserves exclude reach 100 billion dollars for “feeding the expansion of foreign trade” for the private sector

Long-Presse / Baghdad - Revealed the CBI, on Sunday, announced the arrival of its reserves of hard currency to the equivalent of 90 trillion dinars end of the month of February, while expected to continue to increase the proportion “not great” not being able to reach the barrier percent billion, attributed to the expansion in Feeding foreign trade to the private sector.

The administration has said the central bank in the gallery its written reply to questions from the (long-Presse), “The total reserves of the Central Bank of Iraq reached until the end of February 2014 the past, to ninety trillion dinars,” noting that it “reserves increased by good compared to previous months as Iraq makes in a stable position financially. “…

Read More: http://www.dinarupdates.com/blog/

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Aggiedad77 - Article:  “CBI: 90 trillion dinars size of the financial reserve”  Well for the month of February 2014 the reserves in the CBI grew to an equivalent of 90 trillion dinars…..putting Iraq in a financially stable position….so says the CBI.  Quote:  “Central Bank reserves exclude reach 100 billion dollars for “feeding the expansion of foreign trade“ for the private sector”   So in equivalency terms the CBI hard cash reserves stand at $100 billion dollars…somewhat due to foreign trade in the private sector…thru the daily auctions the dollar remains in high demand.
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Frank26 - 
I do things with purpose like a pilot calculating his landing.  Therefore know this…I take off 14th and 15th for more than just the Celebration of my anniversary. I prepare the groundwork for a…Red Post.  [If I remember right--Red Post means RV.]
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Najafi survived an assassination attempt in Kirkuk

Kirkuk - House Speaker Osama Najafi survived an assassination attempt when a roadside bomb targeted a convoy south of Kirkuk province.

A security source said that “an explosive device was planted on the side of the road, exploded targeting the motorcade of Parliament Speaker Osama Najafi, near Taza southern province of Kirkuk.”…

Read More: http://www.dinarupdates.com/blog/
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Footforward - . The bonds have been issued and that is factual.  We were waiting on that.  Some say there are triggers…I find it a waste of time. We know what we need to know.  I believe we are very close to the RV.  I don’t have a specific date and I don’t have a specific rate.  I don’t know if it’s days, weeks or months, but it’s close.
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Chattels ~

IS MALIKI ABOUT TO PLAY HIS LAST CARDS ? ESCALATION OF THE CONFLICT IN ANBAR FOLLOWED BY THE DECLARATION OF EMERGENCY EXECUTIVE POWERS? WHAT RESPONSE WILL THE PEOPLE HAVE?

“THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value.” - Thomas Payne
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wmawhite - Keep in mind that many parts of the budget is dependent upon an improved exchange rate of the IQD…the IQD/nor an improved rate of the IQD is dependent upon the budget.  the CBI has the keys to the car…the budget is the car.
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Poppy3 - 17 days till MALIKI REMOVAL AND 4 DAYS TILL RV – SOUND VERY GOOD TO ME IF THEY WILL NOW JUST GET-R-DONE.
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Aggiedad77 - Article:   “Soon .. open-ended sit in front of the parliament until the adoption of the budget“   seems that the Maysan province is planning an old fashioned “sit-in” with the governor of the province leading the way in getting permits to do so…in front of Parliament…hold them hostage until they pass the budget…on a related subject, the World Bank issued a warning to the GOI that they would put Iraq on their black list if the GOI continues to intervene in the work of the CBI and attempts to make private loans from it.
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Check out the Dinar Corp 90 – it’s EQUITY!!

Commercial Solicitation

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Tlar - The CBI is ready to delete the zeros and introduce the smalls as they have told us in December and again in January.  I personally think they have the date picked.  We will get no more leads or heads up because that can be disastrous to both the plan and their banking system…  We know this is very serious business the closer they get and the CBI has to be very careful about what they disclose to the public, leaning always now on hidding their true intentions.   So again we wait to find the truth.
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Poppy3 - only way the budget can help the loans and investment will be if the value of the dinar makes investing in iraq profitable.  AS WE HAVE SAID…MOST ALL THESE LAWS WILL BE ALMOST SIMULTANEOUS WITH THE RV.
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Expense of Re-Printing the Iraqi Dinar at the Same Value

Does it Make Sense?

A Finance Committee member of the Kurdistan Alliance MP, Ahmed Hassan Faidhullah could be right in his statement that describes printing new banknotes as a “waste of time “. In this short article he continues: “The current currency is suitable and there is no need to be replaced.”

Let’s take a look at both these points of his, is it a waste of time and is the current Iraqi currency suitable but keeping logic as our guide: … (Stryker Blog)

READ MORE: ARTICLE LINK

And seen on: DinarReCaps.com
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Millionday - Article quote:   “…all the political blocs to seek to create an atmosphere of understanding shared between them for approving the budget, especially as the people still waiting to pass the law as soon as possible, and in a form that leads to the continued provision of services that could provide funds for service projects”  the passing of the budget will activate the loans–investment– and economic — along with projects — so there is a lot that is expected to come at the same time as the budget…all at the same time makes sense. 

they have given a timeline and it is this week for the budget…they were to be back from washington.   they are to start activating the results of the washington meeting within two days after their return.  we don’t know when the rate for the dinar will come out – they want the budget passed before the elections and have that committee to get it done and seem to be moving fast with it. i have not seen any reports that have said the budget is put off until after the elections…i know the elections are the 30th of this month.
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Poppy3 - new news early today from Washington CONNECTION.   No later than Tuesday.   Sources excited on phone said I could share.   KEEP IN MIND THESE PREDICTIONS AND SOURCES HAVE BEEN WRONG BEFORE HOWEVER THEY REALLY SOUNDED SURE AND…EXCITEMENT IN THEIR VOICE.  NO RATE OR SPECIFIC DATE JUST THAT IT WILL HAPPEN NO LATER THAN TUESDAY.   QUESTION WE HAVE TO BE AWARE OF THE POSSIBILITY OF THIS BEING PLANTED INFORMATION ONLY THING IS AT THIS TIME I SEE NO REASON FOR THERE BEING PLANTED INFO LIKE IN THE PAST WHEN THERE COULD HAVE BEEN POLITICAL REASONS FOR PLANTED INFORMATION. TIME WILL TELL.
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home7

Iraqi Dinar/Dollar auction 04-13-14 

Currency Auctions Announcement No. (2650)

This daily currency auction was held in the Central Bank of Iraq on the 13-Apr-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 17
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  153,843,000
Total offers for buying (US$)                             153,843,000

Read More: http://www.dinarupdates.com/blog/
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Kaperoni - Article:   “Iraq announces its intention to buy more gold in the coming months“   [Anyone have a clue why they're so intent on buying that much gold lately?]  They want to support monetary policy.  This includes stabilizing the exchange rate (which would mean meeting IMF conditions) and selling gold to citizens in dinar which will strengthen the currency by reducing the money supply.  This is all good.
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Millionday - let me say the buying of the gold and the customs and the reserves and  also the printing of the currency and the addition of the coins and also the development bank of the world bank and the economic meeting in the US now, we have multiple positive things going on right now — there is no way to ignore the very positive things that are going on.
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Millionday News Time Chat 

(send e-mail to DinarUpdates@comcast.net to request membership)

Millionday News SUN Nite 4/6/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] here we go with newstime

[millionday] Prime Minister Nuri al-Maliki, said Friday that the change will end the quota system to complete what we started with, despite attempts by some to obstruct the process of state-building, and in the detection of possession of a list of projects that disrupted the “foreign agendas”, described it as comes to excite people on the government.

Maliki said in an official ceremony for the coalition of state law, which was held in the city sports in Basra and attended “Tomorrow’s Press,” “We want to change the ending of quotas to complete what we started with, despite attempts by some in the blocking state-building process,” noting that “the approaching election saga will be the Account those who sold and bought between Iraq and stop the prey. ”

[millionday] note — the quota system is causing huge problems

More: http://www.dinarupdates.com/showthread.php?13567-Millionday-News-4-11-14

And seen on: DinarReCaps.com
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Frank26 - [With the Kurds language on the new currency and the lower denoms, Iraq/Kurds has to be off the terrorist list to go international. IMO, this is one of the last things that need to be done before the release. I hope this means all systems go AoP.]  IMO, Your post is spot on.   As we do not know the date nor rate neither do we know the final check list that is also so illusive.  Indeed…This removal is significant…Even though it was unknown to us. IMO, This is of value with the progress. 
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Where Does Iraqi Dinar Electronic Currency Come From?

I wanted to take the time to address an issue that has come up concerning the larger banknotes that the CBI has said they would print.

Some are saying that the larger banknotes are to back all the Iraqi electronic money and something I made reference to on Wednesday’s Roundtable Discussions Webcast this week.

First I wanted to point out what electronic money is and where it comes from so everyone is on the same page: …  (Stryker Blog)

READ MORE: ARTICLE LINK

And seen on: DinarReCaps.com
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Tlar - The plan all along said they were going to leave the 250, 500 and 1000 notes to circulate with the new smalls.  These are crossover notes.  …the CBI has determined strategically that they must first print and distribute the new uncounterfeitable notes (250-1000 while they still have no value.  Its a very smart move.  They must do this before they introduce the new smalls or at the very least these notes must be ready at the same time they introduce the smalls.  If they brought out the smalls before they re-printed these notes, Iran would be counterfeiting the old 250, 500 and the 1000 notes before the week was up.  So the CBI is re-printing these notes to make sure that doesn’t happen. 

Strategically it is a smart move to get these notes printed and distributed before they drop three zeros otherwise the currency is still vulnerable.  Once they drop three zeros the value of these notes will soar and…Iran would definitely switch to counterfeiting these notes because of value.  Its a must do for the CBI.  It goes along with the plan to delete three zeros and is absolutely a necessary evil first step.
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pinocchio-smileyLONG copyEXOGEN - THE DONG IS NOW TRADING AT 47 CENTS IF YOU KNOW HOW TO ADJUST YOUR NETDANIA SETTINGS.   [Who told you that Dong is now trading at $.47? Are we suppose to believe that while it's still showing to be worthless?]  NOBODY HAS TO TELL ME ANYTHING ITS LIVE PUBLIC INFORMATION ON NETDANIA TRADING CHARTS IF YOU KNOW HOW TO FOLLOW THEM- PUBLIC INFORMATION.
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BGG - No RV until after election per Dr. Selah - Reason: To increase the dinar at this time will interfere with the election…”  Which is the very case I have made FOR a pre-election RV…If Maliki feels he can manipulate this situation per his electoral gain – we have a chance… So – in my mind, this is GREAT NEWS*
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Adam Montana - [could the RV holdup be due to a soon-to-be "world financial reset"?]    I don’t think so – any “GCR” that might happen will be completely independent of Iraq’s exchange rate.
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Hassan Alawi: Maliki, even if it got 120 seats will not allow political blocs his candidacy for a third term

Palm - The independent MP and well-known writer, Hassan Alawi, on Friday, that the current Prime Minister, Nuri al-Maliki, has to rely on himself if he wants to get a third term because the four blocks that helped him before, “will not do it again”, while detection of reporting Iran to block it with Hakim, who “won on the ground,” counting the electoral race waged with the Liberal bloc, constitutes “open for Islamic movements to the civil.”…

Read More: http://www.dinarupdates.com/blog
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Jester - THIS IS NOT BEING HELD UP LIKE YOU THINK…IT IS A PLAN…A PLAN DOES NOT HAVE TO HAVE A REASON IT IS BEING HELD UP… BECAUSE IT ISN’T… I HAVE BEEN TELLING YOU… NOTHING IS HOLDING IT UP… IT ISN’T READY YET…STOP LOOKING FOR REASONS IT IS NOT HAPPENING.  [Jester do you think it will happen in the next 6 months are we in to next yr now?]  WELL I CERTAINLY WILL BE SURPRISED IF IT GOES OUT THAT FAR… RIGHT NOW I AM IN THE 90-120 DAYS CAMP.
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Millionday - Article Quote:  “With ready Iraq Central Bank to launch other amounts, including six categories of D. The appearance of Mohammed Saleh: new editions of the coin challenge of fraud Baghdad…which promised financial expert specialist “new generation” of the coin carries all international standards…“  the coins have been sent out to all banks and the new denominations.   the money is being issued to all banks and that is by CBI and they have held a huge press conference stating that they have the funds and here they are.  so the fact that they will have them available is not the news — the issue of the coins to the banks — now that is a whopper. 

they are not circulating it right now because it is only useful when the change goes along with the value of the coin.   it seems as if they are announcing this they dont expect much time to pass now – we dont have a date or rate but it would seem close for all of this work going on. 
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Finance: let the CBI improve the status of the dinar against other currencies

Announced the Parliamentary Finance Committee that the Iraqi dinar stable, stressing that the central bank has to manages to improve the situation of the Iraqi dinar against other currencies. Said committee member MP Hassan al-Bayati said that “the Iraqi dinar is not in its right and true, and the Central Bank of Iraq (needs) to take appropriate measures to improve and put it in front of the other currencies. said MP al-Bayati, “there is a difference in the exchange rate between the central bank and the market, stressing that the latter is limited by the price.”…

Read More: http://www.dinarupdates.com/blog
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pinocchio-smileyLONG copyTerryK - I GOT A CALL TONIGHT.  THIS SOURCE TOLD ME TO SIT TIGHT. WATCH WHAT HAPPENS SATURDAY.  4 BANKS NOTIFIED OF RATE CHANGES TODAY [FRIDAY].  THEY DID NOT SAY WHEN THEY WILL GO INTO EFFECT BUT I WOULD SAY THIS – THANK THE LORD FOR YOUR BLESSINGS.  IT’S HERE PEEPS. THEY WOULD NOT TELL ME THE RATE BUT THE LETTERS (EMAILS) HIT TWO BANK CONTACTS THAT I CALLED…SO I KNOW TWO OF THE 4 GOT THE EMAILS.  
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home7

Iraqi Dinar/Dollar auction 04-12-14 

Currency Auctions Announcement No. (2649)

This daily currency auction was held in the Central Bank of Iraq on the 12-Apr-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 13
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  151,965,000
Total offers for buying (US$)                             151,965,000

Read More: http://www.dinarupdates.com/blog/
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tlm724 - Article:  “Economists: speculators profit from the sales of “dollar auction” 216 million“  Quote:  “warned of suspicious transactions through an auction sale of the currency  well I don’t know about auction corruption but what I do know is that Turki is making his move! Buying gold and backing the “real” value of the dinar which I hope he will reveal soon!
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Millionday & Dinar Updates Roundtable Part 1

(send e-mail to DinarUpdates@comcast.net to request membership)

Round Table Chat 4/11/14    Post By Rudie  Part 1

[millionday] welcome to roundtable at dinarupdates.com everyone  smile

[millionday] Economic Conference on the world economy and its impact on Iraq After two days of discussions and throw Research concluded in the halls of the University of Nowruz Thursday, the tenth of April –2,014,

the conference’s own economic study international economic changes and their impact on the financial system in a federal Iraq with the participation of 120 specialists from universities in different Iraqi conference included throwing about 20 academic research dealt with axes economic and financial important at the level of Iraq and the Kurdistan region…

More: http://www.dinarupdates.com/showthread.php?13564-Millionday-Roundtable-4-11-14

And seen on: DinarReCaps.com
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Aggiedad77 - Article:  “Financial expert: new editions of the coin challenge of fraud“  Dr. Mohammed Saleh spoke out regarding the new currency…he stated one of the many functions of the CBI is to manage the currency…the existing currency has been around since 2004 and much of it that is/was in use is tattered and damaged so dealing with it is getting to be a problem…plus the technology from 2004 to the present has changed greatly and now allows for better security features to be built into new currency that is printed…
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tlm724 - Article:   “IMF: Iraq tops the Middle East countries in GDP growth“  Quote:  “showed Iraq in the forefront of countries in the Middle East in terms of GDP“   *hallelujah*  they can’t help but grow, look at all they have, money, gold, oil the list goes on and on…now all they need is a representative rate for all that wealth.
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Sadr, Hakim consider new Alliance


The Al-Ahrar bloc, which represents the Sadrist movement in Iraq, confirmed that it is discussing a potential alliance with the Islamic Supreme Council of Iraq (ISCI), led by Ammar al-Hakim, to re-establish the Shiite National Alliance. This is provided that the alliance is not headed by the State of Law Coalition, led by Prime Minister Nouri al-Maliki, and on condition that the latter does not assume a third term in office.

Read More: http://www.dinarupdates.com/blog/
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Adam Montana - [Do you think the recent purchases of gold have anything to do with the R/V?]  YES, and for more reasons than I can relate in this short chat! Iraq is led by smart people, and smart people believe in precious metals… so if Iraq will ever move away from the Dollar, then shouldn’t they have Gold in their vaults?
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Millionday & Dinar Updates Roundtable Part 2

(send e-mail to DinarUpdates@comcast.net to request membership)

Round Table Chat 4/11/14    Post By Rudie  Part 2

[millionday] this is huge and that doesnt even cover it — no word for it — just huge

[mrref1216] that was a mouth full, a lot for the brain to comprehend….lol

[millionday] And refused to Mahmoud “dispense with authority from the other,” but he expressed his ambition that “the process of the investigation exclusively However, employees of the judicial authority of magistrates and investigators judicial.”

He went on to say that “we fought experience at the end of 2010 to open offices for investigation judiciary in Iraq, which includes a number of judges, prosecutors and investigators have made ​​this experience a great success,

citing the” ČĂÎŃ office was opened in the presidency of the Court of Appeal of Baghdad Rusafa taken to the headquarters misdemeanor court competent issues passports after it was suffering the very large…

More: http://www.dinarupdates.com/showthread.php?13564-Millionday-Roundtable-4-11-14

And seen on: DinarReCaps.com
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Millionday - it appears that Western Union is set up — the lower denoms and coins are distributed to the banks and they (the CBI) are in Washington about the economic policies,  having some very important meetings — hmmm — don’t hold your breath because it is unhealthy – but, OH BOY!! Cross everything (fingers, toes, eyes, etc, etc, etc…)!!
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Aggiedad77 - Article:   “Iraq is losing 13 billion dollars a month because of delays in the ratification of the budget“  It has been pointed out that Iraq is currently losing $13 billion dollars a month because of not having a budget in place for 2014…..many projects of all types are being affected by this….just as citizens are being impacted as well….their financial system is heading for a state of chaos if the gridlock continues.
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The DINAR Talk Info Call

w/BGG and Mr White – April 10th

Click-N-Listen!! 

Smart phone user link – Click here

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Nova - The Swift Codes Have Been In Place For A Few Years. But You Have Been Unable To Use The Codes With The IQD.  It Does Look Like They Have Been Updated A Little, So This Might Speak To The IQD Going International Quite Soon. 
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Millionday - SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers.     the news of Iraq developing or at least the (BIC) working on their codes came out a little while ago…they announced that they were working on it as they began the banking reform. [didnt Western Union set up shop last year?]  they began with a meeting and showed up to get it rolling but — they have been able to transfer limited and not from back and forth internationally etc — not all services due to not having internationally recognized currency.   the code of Iraq [is now] given and listed as operational.  so this means that the western union service is done and ready in Iraq.   …now this is something to be excited about.
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If CBI sells gold to the public it will strengthen dinar and reduce dollarization

Baghdad – Mostafa Hashemi said the academic economic Dr Majid Baidhani that a central bank to activate the monetary policy tools and the willingness to sell gold to the public would be granted dinar greater strength as well as it reduces the dollarization phenomenon experienced by the economy.

added Baidhani in a statement (morning): The adoption of this measure requires increasing the Central Bank reserves of gold as a cover for the currency, and the promotion requires finding a basket of currencies to assess the economy vulnerable to prices, the dollar downwards or upwards…

Read More: http://www.dinarupdates.com/blog/
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Poppy3 - DON’T WORRY ABOUT THE REPRINTING OF MORE CURRENCY, THAT IS A GOOD THING…SINCE THE SMALLER DENOMS WERE PRINTED IN 2011 THEY HAVE RELEASED BILLION MORE DINAR SO IT IS OBVIOUS THEY WILL NEED MORE LD’S THAN THEY FIRST PRINTED AND THEY ARE ADDING A LITTLE MORE SECURITY.  ALL THIS IS GOOD NOT BAD.
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Aggiedad77 - Article:  “Finance: let the CBI improve the status of the dinar against other currencies“  The Finance Committee has announced that the IQD is stable…that the CBI needs to be allowed to manage the IQD with regards to stability against other currencies….the CBI is taking appropriate actions to put the IQD in front of other currencies.
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TLAR ~ 

If the CBI re-prints the 250 and 500 notes which I believe they are doing just prior to an RV, makes perfect sense to me. These are crossover denominations and the CBI has all along intended them to be left in circulation with the new notes. The old notes 250, 500 are counterfeitable and so in order to protect the money supply the CBI must re-print these notes also. Originally they were going to be left as is (not re-printed) when the CBI introduced the new currency… (Read full text – WOW)

READ MORE: http://www.dinarupdates.com/showthread.php?13550-TLAR-thoughts-WOW!!&p=55628#post55628
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Kaperoni - Article:   “With ready Central to launch other amounts, including six categories of“   I don’t think they plan to make the larger notes everyday on the street.  As the one article the other day said..the “250, 500 and 1000 are only for circulation daily”  This makes sense if they plan to raise the value…which we know they are.  I will be excited when the economic laws are passed and the CBI is in compliance.  I then will know we are close to a float and Article VIII.
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Mnt Goat - There was lots happening yesterday and all week…The news could not be any better!  Let me first say once again that the budget approval does not drive the RV but rather the budget is driven by the RV. The budget will not be announced as done until the RV is announced. All of a sudden one day they will spring the budget on us and it will coincide with the currency reform. Parliament must stall the budget since the CBI has not yet announced the revaluation of their currency and there are details of the new rate within the budget. 

…the elections formally begin this week in some provinces. The other provinces will also vote between now and the 30th April…I can see how some might get confused and…keep saying the elections are not until the end of April…let me assure you now the elections have very little effect on the RV process. There is a move to disrupt the elections by Maliki and this should be of no surprise to anyone that he would do this to his own country…I whole heartedly believe Maliki will not be re-elected since there is an underground movement in Iraq to deal with him.

The banks of Iraq are now distributing the lower denominations in almost all provinces. This is huge for us and the RV. This is part of the currency reform process and was not supposed to happen until the announcement of a new rate. They held up this event then because they needed to wait for other issues in dealing with the RV process to catch up. Now they are ready. The new coins are also set to be let out to the public. I would watch for this event. It is coming very shortly and will be an  indicator to us of just how close we are to the formal announcement. 
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home7

Iraqi Dinar/Dollar auction 04-10-14 

Currency Auctions Announcement No. (2648)

This daily currency auction was held in the Central Bank of Iraq on the 10-Apr-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 17
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  194,938,000
Total offers for buying (US$)                             194,938,000

Read More: http://www.dinarupdates.com/blog/
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Adam Montana - [after all of the readings have taken place, how long will it take to get it in the Gazette]   I am guessing, but I doubt it will be more than a day for a significant change.  [if you were Maliki would you be more interested in getting elected or trying to stop the RV, and the countries economy in general.]  If I was Maliki – All the above.  [just how stable is the country of Iraq at this time?]  How stable is Iraq? I really really really like Iraq right now. I’m staying in! 
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Jester - WE ARE SITTING HERE…HAVING INVESTED… THEY COULD MESS US AROUND AND LEAVE US OUT… DO NOT BE CONFUSED ON THAT ISSUE… BUT THEY WILL NOT…BECAUSE THE DINAR IS WORTH SOMETHING…SOMETHING IMPORTANT TO SOME… ENTER THE OIL CREDITS… AND A WAY TO CAPITALIZE ON SEVERAL FRONTS WITH THE CONVERSION OF DINAR TO OIL CREDITS…SOOOOO…. LOOK AT THE VALUE OF WHAT YOU HAVE IN YOUR SOCK DRAWER…VALUABLE IF IT CAN BE CONVERTED TO OIL CREDITS.

WE HAVE THE DINAR IN THE USA…CHINA NEEDS OIL…HMMMMM…CHINA HAS A LOT OF OUR TREASURY BONDS… A LOT OF OUR DEBT… HMMMM…SOOOOOO…YOU THINK A DEAL MIGHT BE MADE…?  CHINA GETS WHAT THEY LIKE… THE US GETS WHAT THEY LIKE… WE GET WHAT WE LIKE…THE SIMPLE RESULT IS THE US GET DEBT RELEASED… CHINA GETS SOME CHEAP OIL.. WE GET A BAZILLION BUCKS… AND IRAQ SMILES BECAUSE UNDER THIS SCENARIO THEY GET RID OF A BAZILLION DINAR FOR CHEAP BECAUSE THEY SUPPLY THE OIL FOR PENNIES.
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Central re-printed banknotes to prevent fraud and to enable the blind to know the value

Baghdad / Central Bank of Iraq, on Tuesday for re-printing the banknotes Iraqi pictures of new and superior protection, while pointing out that the currency will continue to be traded now, and stressed that the new currency will help the blind to see the value of these categories.

The bank said in a statement yesterday that he “re-print the new series of banknotes Iraqi and currently circulating pictures of new and superior protection, using a good quality of printing paper, with the inclusion of the two dates Islamic and Gregorian calendars and sign the central bank governor Agency Abdul Basit Turki Saeed, with the addition of some security tags, “adding that” the banknotes current will continue trading with new and will not be pulling rolling them now or in the future. ” …

Read More: http://www.dinarupdates.com/blog/
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Delta - [via anonymous]  Today the CBI made an announcement that many people took as bad when it really is very good news.  The translation is the best way to fight corruption is added security in the 250, 500 and 1000 notes.  This better paper and added security features will make the currency last longer, and stop counterfitting.   New markings on the 5000, 10,000 and 25,000 will help the blind differentiate between notes and new security features added that can only be seen with a blue light.

The notes we have will remain legal tender and co-exist with the new currency!!!  When the CBI revalues the dinar, our currency will still be legal tender to the CBI…IMO, for well beyond 2 years.  So why is the CBI printing new 3 zero notes? They need it for transactions with nations…They need the large bills  for large financial  Institution transactions.   this announcement about the new currency is the best news for our investment and it should make us all very happy.

Iraqia TV is constantly reporting  about the Monetary Reform…There is also a group of very smart experts in Monitary Reform from the USA at the embassy in Iraq assisting with this process.  IMO, everyone who made the decision to invest in the IQD made a very smart decision and you will be blessed for a lifetime or longer.
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Integrity government is demanding the recovery of the money smuggled 

timthumb (3)Baghdad (Iraq) / Demanded the Parliamentary Integrity Committee Iraqi government to follow up file money smuggled out of the country and recovered, as well as the arrest of thieves (or officials were ordinary citizens).

The MP said Osman Algehiche told the “future” yesterday (Tuesday) that he has to be that there is coordination between the Iraqi government and the governments of the countries where looters to retrieve Iraqi funds looted and smuggled out of the country, stressing the need to find international conventions dealing with the prosecution of thieves money from officials…  ARTICLE LINK

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Frank26 - [via anonymous]  IMO, all the paperwork for the Monetary Reform was signed 2 weeks ago. They were signed in Bagdad and this past Sunday was taken to Washington D.C. and the UN…I-Team reported that this morning there was a meeting at the UN …A document was translated saying Iraq is getting ready to make a big move, and it was discussed at the UN!  No one knows what the big move is, it could be many things, but IMO, the Monetary Reform documents have all been signed.
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Millionday - Article Quote:  “…Iraqi Central Bank as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.“  so, they are preparing for the new exchange rate and of course the exchange as they have made very clear — this is great news, huge huge...

this was done for the implementation of the economic reform and monetary policy and exchange rate…they may float but it will be from a reality rate not from the imposed rate.  the rate is calculated at a reality rate by what they have to hard back it — gdp — and the rest of the figures used to calculate what the rate will be…international currency laws makes any formal currency hold its face value and when it changes in rate they give time as far as history shows to exchange them in.
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Adam Montana - [I understand the UN has given Iraq a deadline of April 14th to finally pass the budget.  What if Iraq does NOT do this? Also, what if Maliki gets a THIRD term...Would this KILL the RV?]  First – the UN…can’t force Iraq to do anything at this point. Second, if Maliki wins a third term (which I believe he will), that just gives him the freedom to push things in his favor… and you’ll be hard pressed to find a way that an RV won’t benefit him. 
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Stryker - Topic: “CBI announces the re-Karim print the current series of banknotes using a high quality of paper“  This is the best news yet, after 11 years this is the first sign of the new banknotes being really printed. The lower denominations should follow shortly.  250, 500 and 1,000 notes will be at the top of the lower denomination food chain and the 5,000, 10,000 and 25,000 dinars will be used for commercial transactions in my opinion. Article Quote: “does not mean it will cancel the old currency or withdrawn, but will be traded in both currencies“  This means that it will not affect the current currency we/they hold and that they will not start withdrawing it YET!!
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Central Bank being amendments to the banknotes and puts the Freedom Monument instead of Ibn al-Haytham

Long-Presse / Baghdad - Central Bank of Iraq, on Tuesday, re-printing of banknotes by using a new type of printing, as he emphasized that he made some adjustments to the new edition addendum signs of security, he pointed out that the amendments include raising the image of al-Hasan Ibn al-Haytham class 10,000 and add the Freedom Monument…

The bank added that “the new currency that will be on the market does not mean it will cancel the old currency or withdrawn, but will be traded in both currencies,” noting that “the categories of the 250, 500 and 1,000 dinars has been added to signs of a new security upon which bristles color visible and invisible signs circular for the faint impaired (blind), in addition to coating the banknotes protective coating to protect it from dust, as well as ensure the thread width of 1.2 mm. ” …

Read More: http://www.dinarupdates.com/blog/

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Poppy3 - LETS THINK ABOUT NEW NEWS, LIKE THE POSSIBILITY THAT A MAJOR BANKING ANNOUNCEMENT IS SCHEDULED FOR 9 AM IN THE MORNING [WEDNESDAY] THAT HAD BEEN POSTPONED ON THE 6TH TO THE 9TH…WHAT THE ANNOUNCEMENT IS I DON’T KNOW.   I HAVE JUST BEEN TOLD THREE TIMES IN THE LAST TWO DAYS THERE IS SUPPOSED TO BE A MAJOR ANNOUNCEMENT INVOLVING THE WORLD BANK AND INTERNATIONAL BANKING  LETS JUST PRAY IT HAS GOOD IMPLICATIONS TOWARDS YOU AND I AND MONEY.
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Kaperoni - Article:   “The Central Bank put the icons in the currency to help the visually impaired to know“   I don’t believe they are printing more 3 zero notes.  I believe they are printing the new lower denomination notes and are explaining the citizens that these will come out with new security features, better paper, etc.  The statements that reference larger notes I believe are only in comparison (purchasing power) and not what is actually being printed.  In other words, I do not think they could come out and say…hey were printing a 1, 5, 10 and 25 dinar notes.  People would say…What? why those are worthless. 

But if they say…were printing you new 5000, 10000 and 25000 dinars with new paper and security features, it should make the citizens happy.  Keep in mind, Iraq wants International banks and International investment, they want a market economy, and they want the WTO.  All of which require a convertible international currency.   Its coming…”let it come to us…”
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Maliki fears the issuance of an arrest warrant against him and will retire from politics if the election failure

Palm - revealed a Kuwaiti newspaper, Prime Minister Nuri al-Maliki’s fear of an arrest warrant issued against him in the event of failure in the next parliamentary elections, noting that he had told his associates he will leave Iraq and retire political action in the case did not constitute a coalition of state law, the next government…

Read More: http://www.dinarupdates.com/blog/
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wmawhite - Finance Committee: Iraqi dinar stable and the central bank that manages to improve and put it in front of other currencies Baghdad…“   that particular member of the Finance Committee is stating that the IQD is not truly valued at the currency rate and the CBI needs to move forward and put the rate where it belongs…well ahead of other currencies.
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Kaperoni - Article:   “Money corrupted .. colonial currency“  We have known for a long time the dinar is in bad shape…  This person makes it very clear…”The government is supposed to change the currency with the Americans out of the country!”     (The government was supposed to change the currency when the Americans left the country).   Well…its been two years since then and Maliki has prevented this event.  And more importantly, his delay has hurt the transition to a market economy.
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Zamili: Maliki will not be Prime Minister after the election

BAGHDAD - Announced the Liberal block of the Sadrist movement, that the fate of the Federal Prime Minister Nuri al-Maliki, after parliamentary elections in 2014, in the parliamentary opposition and not the prime minister of Iraq…

Read More: http://www.dinarupdates.com/blog/
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BGG ~ 

I have several thoughts for today…

First, I vigorously disagree with the “anti-guru’s” on Iraq’s recent gold purchases. Of course it doesn’t point to an immediate RV – but to make this your “guru straw man” to beat up on is foolish. If Iraq is buying gold as a “financial mattress” (a buffer or hedge would be the proper terms) for their currency, then my point is – they are building the DINAR a SERIOUS MATTRESS and I would submit this DOES POINT OUT SOME SERIOUS SHIFT in monetary policy. It is obvious…

Read More: http://www.dinarupdates.com/blog/
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Randy Koonce Update

How are you makin it?

I know everyone wants me to have a call but these notes do the trick too…

Ok. the pressure is on for Maliki he is just about to bounce off the walls to get this out and the IMF has drug their feet and making Maliki sign off on things Like HCL and Budget, and etc…

I am going to state every thing is done that has to be done for the RV to take place so no one has to ask the question does Iraq need this to RV… Answer is NO… They are Ready…

I want everyone to know that this can go off on any day of the week, I like Sundays and Thursdays but that means nothing the window is as open as I have ever seen this thing be…

You ask why can’t I give a specific date… the reason is I do not control the RV “I wish I did would save me many a phone call..”

Ok here is the Skinny… I cannot give you intel because it is very sensitive at the time.

I can say the CBI is ready Maliki is ready and the IMF is getting ready so when the stars align like they are now the window is open wide… and do not worry about what ifs just wait until it happens and then go to a bank and cash in if you have more than 1 million in dinar you can negotiate the CBI rate and no fees.

The thing with groups pick people you know do not fall for the 800# and private stuff the rate will be the rate and you will not be able to get more than what the bank pays… the last rate that was given to us is between 2 and 3 dollars.

The Banks all and I mean All banks will participate in the exchange, that deal in foreign currency. DO NOT WORRY ABOUT whether or not you will be able to cash in Take your time and Breathe… if you want cash a little then go back do some more…

I BELIEVE THAT WE WILL BE DONE BY THE MIDDLE OF APRIL… if for some reason we are not I will get the reason… but for now all parties are aligning very well.

So tonight to the middle of April is extremely important to us in this investment…

Continue to check the cbi website for the rate change… if they do it in the mornings Iraq time that is around 12 midnight to 2 in the morning… those have been good window following when the bank updates its screens.

RELAX and be smart about your money it is a currency very hard to track… so do not give it to anyone other than a bank or dealer on exchange and get your money back at the same time if you have to wait go somewhere else… DO NOT LET IT OUT OF YOUR SIGHT UNTIL YOU GET MONEY IN RETURN… PLEASE BE SMART ABOUT IT…

I have started making plans for the Austin event so if you want to go just send me email…. I will setup a web page to register…. if we get past the next 4 days and no RV I will do a call…….

Check CBI.IQ

Breathe.

Check www.cbi.iq every day to see if it has changed… do not take a guru or a post about in country RV or anything else do not be fooled just check the CBI

Do not let your emotions get to you.
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