Dinar Gurus - Latest Intel for 2/22/2012
2-22-2012 Guru Ray Just got off the phone with one of my contacts...and he said that the President of the IMF was on Iraqi Media TV and was saying that the IMF has finished and signed all the documents to revalue the Iraqi dinar. The documents have the rate in them. They are sending these documents to the CBI and to all the banks in the world. This is huge news. The rate is now going out worldwide. We are getting very, very close now.
2-22-2012 Guru Okie_Oil_Man TODAY HAS BEEN THE MOST INTENSIVE SENSITIVE INTEL DAY THAT HAS OCCURED IN MY 8 YEARS OF BEING IN THE DINAR DRAMA. THERE ARE SO MUCH SECURITY INVOLVED TODAY THAT THE DETAILS I KNOW EACH WANT TO KNOW IS NOT PUBLISHABLE. LET ME SAY SIMPLY--BE ON THE HIGHEST STATE OF ALERT TONIGHT AND POSSIBLY RUNNING INTO TOMMOROW THAT YOU HAVE EVER BEEN. PLEASE READ THIS FOLLOWING SENTENCE WITH UNDERSTANDING---THIS WILL BE MY LAST PRE-R/V POST. MY THANKS AND LOVE AND PRAYERS ARE FOR ALL OF YOU---KEY WORD HERE IS---K E E P A L E R T!!!!!!! NUFF SAID.
2-22-2012 Guru Jonnywg today more intel was available than there was in the past week. it seems there is quite a bit of conflicting info on here but the fact is that at the time of release it was true...things have changed so much...little details only so do not panic...that there is a sense of confusion...i will stick to the basics...we strongly feel that the rv is poised to reveal itself tonight...many conflicting indicators but i remain the same...we only have 12 hours to find out...the bank screens will reveal at 11 am est...please note that the rv and its process can end anytime...it could be in 1 hr or 11hrs...no one knows.
2-22-2012 Guru BellaGrits the information has been running like water...things look great. It appears China and the United States have managed to work out their differences...and it appears an agreement has been made...what a great day for us!!!! The bank screens are rolling numbers and alternating going blank...very irregular...Today has been a very productive day.
2-22-2012 Guru Bulldog75 LEGARDE IS 'ON GUARD' TO PUSH THIS THROUGH WITH CHINA'S HELP. IMHO/SOURCES SAY, CHINA WILL PROBABLY HAVE A MAJOR ANNOUNCEMENT 'TODAY OR TOMORROW WHEN ACTIVATION TAKES PLACE'. CHINA IS IN THE DRIVER’S SEAT. VND DONG IS STRONG. IQD RI OR RV WAIVERS PENDING UST/CHINA DECISIONS. WE WAIT. BUCKLE UP. THIS WILL HAPPEN.
2-22-2012 Guru Med WHAT DO WE REALLY KNOW AS FACT? IT IS PRETTY MUCH ACCEPTED THAT THEY ARE COMING OUT 1 TO 1...WE KNOW THEY ARE RAISING THE ZERO'S FROM THE NOMINAL VALUE...WE KNOW THEY HAVE CALLED IT REVALUATION DELETING THE ZERO'S, SO WE KNOW THAT IS COMING...WE KNOW THAT THE FINANCE COMMITTEE HAS ENDORSED IT...WE KNOW NEW CURRENCY IS BEING PRINTED AND COINS ALSO...WE KNOW CBI BOUGHT MILLIONS IN DE LA RUE EQUIPMENT...WE KNOW THAT THEY ARE USING 3 PHASES TO IMPLEMENT...WE KNOW PHASE I IS OVER, SO KNOW WE HAVE TO BE IN PHASE II...WE KNOW A DRAFT TO PRINT WAS SUBMITTED TO PARLIAMENT FOR A VOTE...WE KNOW THAT IT WAS READ TWICE AND IS NOW WAITING FOR THE FINAL VOTE...SO THAT IS WHAT WE KNOW AS FACT
2-22-2012 Guru Adam Montana [Post 2 of 3] Reuters reports that the plan to remove the 0's and introduce new currency denominations by September of this year has been adopted, even though the government is balking at the idea. Several people have stated that this move would hurt the economy, but that's absolutely silly, if they introduce new notes and use them side-by-side, there is no change in value so it won't hurt the economy, so that statement is basically smoke. ["continued in post 3...stay tuned"]
2-22-2012 Guru Doc [Post 2 of 2] We are not overly concerned with the exact timing knowing that the goal appears to be to have the dinar as the "hard" currency of Iraq going into 2013. To do this the LDs need to be distributed and the country de-dollarized. We know this occurs around $1.13 from published studies. The $64 question is how long will it take. From other articles we maintain Shabibi would like to see 3 months minimum but most likely 6 months of the LDs in place at the RV rate to purge the 000 notes. Our opinion is we are seeing Shabibi and company becoming more vocal to ensure Parliament gets it done within the timing the CBI needs. Are [we] on an hour by hour watch - No! We still heed Parliament to act ! We report, you decide.
2-22-2012 Guru Scooter [post 3 of 4] do you realize that Agriculture was once a bigger contributor to their GDP than oil, AG was running at 37% of their GDP, well ahead of oil...imagine that country when they diversify and their middle class forms, great growth engine right their...consumption will sky rocket... they can dominate, but they need to get their act together. ["continued in post 4...stay tuned"]
2-22-2012 Guru Mike [Post 1 of 4] Shabibi went to Parliament today... Announcement was posted on the Iraqi Government website. He had a sit down with the Finance Committee with whats going on with the economy and how they are going to get things done...talked about how they are going to delete the zeroes which means they are going to put out new currency...that they have a timeline out there...Parliament believe it needs to be as strong as a dollar and they are on board with everything that these guys are doing and moving forward. And Parliament for the first time in a long time are finally understanding what it means to delete the zeroes. That they are going to add value to the Iraqi dinar and not subtract value from the Iraqi dinar. They no longer believe it is going to hurt the economy...that its going to help the economy. That is a MAJOR MAJOR stepping stone. ["continued in post 2...stay tuned"]
2-22-2012 Guru Adam Montana [Post 1 of 3] the budget is STILL not approved but they are voting on it either tomorrow or next Thursday, what they are looking for is a removal of topic #25 which dealt with the Development Fund, it shouldn't be a big deal, but the timing is suspect...we have MP Nuseif urging Kuwait to take Maliki's visit SERIOUSLY. Advising them to consider this one of their last chances to work things out civilly before taking the matters to (basically) a "world court"...the items to work out are Chapter 7, that Port issue, and the borders. All very reasonable requests that should have been attended to long ago, but now the hammer is coming down, this is a good thing! Keep in mind this is happening NOW and they are "supposed" to vote on the Budget by next Thursday but the timing of the matter leads us to believe that they could actually vote on it tomorrow, either way, it will be on a Thursday. ["continued in post 2...stay tuned"]
2-22-2012 Guru Doc [Post 1 of 2] There is a lot of great information in the media coming out of Iraq right now. Budget vote is supposedly Thursday now. There is a full court press to get out of chapter 7 and into IMF article 8 status. There are lots of articles about deleting the zeros and completing that phase of the new currency project. Some articles suggested completion by June while others say September. One article we found extremely interesting was the CBI stating the new currency would be the basis for the 2013 budget. Other articles talked about loan reform laws being passed which were not on the original published schedule of Parliament. What does all this mean? We conclude that the things needing to be in place are being addressed. ["continued in post 2...stay tuned"]
2-22-2012 Guru Studley NO ONE IS GOING TO BE SURE UNTIL WE SEE AN OFFICIAL RELEASE. This is the most manipulated investment in history... There are so many moving parts and characters, the issues are many as well...currency plays are not an exact science...no one will know for sure...all agencies are on alert and every big player is making this happen. The problem, as always, is there are people with power who can cause problems...I believe we are in a great spot, but until we see it, I will be very cautious about what I say.
2-22-2012 Guru BGG unless there is some immediate radical turn of events this is the process I envision taking place - Maliki is simply attacking too many Sunni gov't officials for this to go any other way. It's starting to look like a political genocide over there. So that's it - Maliki out....interim in, National Meeting, Ministers and GOI seated...probable RV sometime along in the process - done by March 21st. Of course, I don't make a crummy little prediction - I went big on this one lol... All wrapped up by late March.
2-22-2012 Guru Poppy3 JUST GOT OFF THE PH WITH SOLID CONTACT AND NEWS DIRECT FROM BD...HERE IS OUR STATUS. ALL AGENCIES SUCH AS IMF , WB, BIS, UST ETC ARE READY AND HAVE INFORMATION REQUIRED FOR THE RV EXCEPT THE GO AHEAD FROM THE GOOD DR. HE...IS HOLDING TILL THE COMPLETION OF THE NATIONAL CONFERENCE. HE WANTS ALL THE TRIBAL BLOCK LEADERSHIP TO KNOW ALL THE CONCESSSIONS AND AGREEMENTS THEY HAVE MADE TO BE MADE PUBLIC TO ALL CONCERNED. ONCE THIS HAPPENS HE WILL RELEASE. THIS MEETING AS WE HEAR TODAY HAS NOT BEEN SCHEDULED BUT COULD BE AT ANY TIME. HE COULD RELEASE PRIOR TO BUT AS I SAID THEY ARE NOT EXPECTING HIM TO DO SO.
2-22-2012 Guru Scooter [post 2 of 4] they have enough wealth with oil -- but their market capitalization is way below the norms, for example, look at Jordan -- about 250% to 300 % of their market cap...Iraq, 2.40%., roughly...they've got alot of growth and their demographic is excellent too, a large percentage of their populace is ripe for the working they just need to build capital and build it fast, then diversify that economy by 1000%, that's my biggest concern. ["continued in post 3...stay tuned"]
2-22-2012 Guru Cap1 GREAT DAY FOR AN RV. THERE IS ALOT OF GREAT THINGS HAPPENING BEHIND THE SCENES TO BRING THIS BAD BOY HOME...FROM WHAT I'M HEARING IS BY TONIGHT. THE BUDGET FOR 2012 IS SUPPOSED TO BE READ IN IRAQ ON THEIR THURSDAY. SHABIBI IS ALSO ADDRESSING THE PEOPLE CONCERNING THE NEW VALUE OF THEIR CURRENCY...AND WITH SHABIBI SPEAKING WITH THE CROWD, IT SOUNDS VERY PROMISING.
2-22-2012 Guru Bulldog75 THE UNITED NATIONS HAS NOT UPDATED SINCE THE 15TH. LAST UPDATE IS THE 1ST FOR THE U.N. WHICH IS VERY UNUSUAL AND EXTREME FOR THEM. WE HAVE HAD A TEMPORARY HOLD ON THE RV DUE TO MANY REASONS. THOSE WILL BE DISCUSSED TOMORROW [WEDNESDAY]. THIS WILL DOMINO MUY PRONTO. WE ARE GOOD AND THE TRAIN STILL COMES, SLOWLY BUT SURELY.
2-22-2012 Guru Scooter [post 1 of 4] Follow the game plan folks -- The IMF CR's, World Bank DPL, and the latest laws being passed by parliament. I think there's an abundance of information that we aren't seeing, for example, who are the proxy countries supporting this RV. Why hasn't Iraq privatized those SOE's, State owned enterprises, that's what will fund the governments liquidity...those are my questions but nobody but just a handful of people really know, JMO. ["continued in post 2...stay tuned"]
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FROM PEOPLES DINAR SITE....;THIS IS WHAT RAY SENT TO STEVE I IN AN EMAIL THIS EVENING....
Just got off the phone with one of my contacts. He was very excited and wanted to know if I could get my hands on a certain document. I asked what it was and he said that the President of the IMF was on Iraqi Media TV and was saying that the IMF has finished and signed all the documents to revalue the Iraqi dinar. The documents have the rate in them. They are sending these documents to the CBI and to all the banks in the world. He was wondering if I could get a copy of it so we could see what the rate was. I of course told him that I seriously doubted that. This is HUGE NEWS. The rate is now going out worldwide. We are getting very, very close now. Will let you know when I hear anything else.
Blessings,
Ray
FROM PEOPLES DINAR SITE....jerryskinzToday, 08:21 PM
Hey Steve, not that you and ray need validation, but a buddy of mine who is working in Afghanastan just called me( he never calls me because of the time difference) and told me a few contractor friends of his in Iraq saw this on Iraqi TV last night and called him. ( they never call him due to phone privileges being used to call home ) they are all very excited and have not been for the last 4 years they have been working there. They feel that we are within a couple of weeks if not days from this going down.
Thanks for the great news!! It made me want to share what my friend had called me about!!
God is good all the time
all the time God is good!!!
