THE CONFERENCE WAS HELD AT 10:30AM BAGHDAD TIME. IT LASTED FOR 2 ½ HOURS. SHABIBI WASN’T THERE, HE IS OUT OF THE COUNTRY BUT NO ONE WAS TOLD WHERE HE WAS.
THE PERSON GIVING THE PRESS CONFERENCE WAS MOHAMMED SALEH MUDHER. NOT SURE OF SPELLING OF LAST NAME. MANY QUESTIONS WERE ASKED ABOUT THE DINAR AND REVALUE. HE STATED THAT THE IQD WOULD BE HIGHER THAN THE USD VERY SOON. HE WOULD NOT GIVE A DATE. JUST SAID VERY SOON AND THAT THE IQD WOULD BE HIGHER THAN THE USD.
HE SAID THE MONEY IS READY AND IS IN BOXES SITTING AT THE CBI AND OTHER WAREHOUSES AROUND IRAQ. HE SAID SOME OF THE NEW DINAR WAS SHIPPED TO SOME BANKS IN SOUTHERN IRAQ AFTER THEY COMPLETED THEIR INVENTORY. OTHER BANKS HAVEN’T COMPLETED THEIR INVENTORIES YET AND THUS HAVE NOT RECEIVED THE NEW DINAR. CBI IS WAITING.
ALSO, HE SAID THAT NEW COINS HAVE BEEN PRINTED AND ARE READY. THERE WILL BE 5 OR 6 DIFFERENT DENOMINATIONS. ALSO, HE SAID THAT NOT ALL BANKS WILL BE RECEIVING THE NEW CURRENCY AT FIRST. ONLY ONES IN AREAS BASED ON POPULATION. HE ALSO SAID THAT WHEN THE REVALUE TAKES PLACE, THE BORDERS WOULD BE CLOSED FOR 24 TO 48 HOURS AND THE BANKS WOULD BE CLOSED ALSO. HE TOLD THE PEOPLE NOT TO PANIC DURING THIS TIME THAT THERE IS NOTHING WRONG. IT IS ONLY WHILE THEY REVALUE THE CURRENCY AND SWITCH EVERYTHING OVER.
HE ALSO STATED THAT THE PEOPLE IN COUNTRY WOULD HAVE 20 DAYS TO CASH IN AND PEOPLE OUTSIDE OF IRAQ WOULD HAVE 30 DAYS. STEVE AND I REPORTED SEVERAL MONTHS AGO THAT IT WAS 30 AND 45 DAYS. THEY HAVE CHANGED IT JUST A LITTLE. HE KEPT STRESSING THAT THE RV IS GOING TO HAPPEN VERY SOON.
I TRULY FEEL WE ARE ALMOST THERE NOW. JUST AROUND THE CORNER. THIS NEWS WILL BE REPORTED IN THE NEWSPAPERS AND TV VERY SOON. I’M NOT GIVING THE REPORTERS NAME OUT OR THE CONTACT IN IRAQ. IF ANYONE DOUBTS THIS INFO, WHICH THEY WILL, THEN YOU CAN DO YOUR OWN DIGGING AND BRING PD WHAT YOU FIND INSTEAD OF BASHING. I KNOW DV WILL BASH BECAUSE THEY DON’T HAVE ANYTHING OF THEIR OWN. I’D SURE HATE TO PAY FOR THAT SITE. WILL BRING MORE LATER AS I GET IT. HAVE A BLESSED DAY.
BLESSINGS,
RAY
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1-31-2012 Guru Kaperoni 2 billion USD was stolen out of Iraq over the last 30 days into Iran. That was CBI reserves. This is pushing the CBI to RV now. They no longer can play the waiting game based on parliaments inabilities to pass economic laws.
1-31-2012 Guru Brietling Your looking at money supply...the reserve [60 billion in foreign currency] hasn't reflected on the dinar yet...because Iraq has a money supply problem...they want to wait to pull in the money supply by getting rid of the notes with the three zeros on it...then boom voila they shorten the money supply...THEN they are going to add this positive value from the large reserve to the dinar...BOOM so you get a double whammy...we are looking for laws to be put in place to support this...then they are going to get it to the dollar...its so odd to see the central bank saying exactly what they are going to do...
1-31-2012 Newshound Guru Bondlady [from article] "...in the coming days in order to solve this problem by setting the exchange rate as well as the purchase price, the price of the Central Bank will be a new price in order to put the market in a balanced manner. “ they are gonna change the rate in the comming days not weeks and this was on the 29th...
1-31-2012 Guru Studley we are seemingly right on top of this happening ...however, when I tell you all to stay balanced...there is a reason...lots of movement in the world...some amazing events are lining up as we speak...this is an extremely complex event...think globally, and multiple moving parts that are needing to be insync at the same time...we are still in a very strong window... lots of players are pushing for this to come out...the problem is there might still be one or two roadblocks in the way.
1-31-2012 Guru Forward we are about to have a HUGE breakthrough. i'll believe that even if no one else wants to. lol
1-31-2012 Guru Ray ONE OF MY IRAQI CONTACTS, HE HAS A FAMILY MEMBER IN BAGHDAD THAT HAS A FRIEND THAT IS A REPORTER THAT WAS AT THE PRESS CONFERENCE THAT WAS HELD LAST NIGHT. THE PERSON GIVING THE PRESS CONFERENCE WAS MOHAMMED SALEH MUDHER. HE STATED THAT THE IQD WOULD BE HIGHER THAN THE USD VERY SOON. HE WOULD NOT GIVE A DATE...ALSO...THAT WHEN THE REVALUE TAKES PLACE, THE BORDERS WOULD BE CLOSED FOR 24 TO 48 HOURS AND THE BANKS WOULD BE CLOSED ALSO. HE ALSO STATED THAT THE PEOPLE IN COUNTRY WOULD HAVE 20 DAYS TO CASH IN AND PEOPLE OUTSIDE OF IRAQ WOULD HAVE 30 DAYS. HE KEPT STRESSING THAT THE RV IS GOING TO HAPPEN VERY SOON.
1-31-2012 Guru Freeway Bill This baby could literally drop at any moment...Agreements have been made and we are on an "hour by hour" watch.
1-31-2012 Guru Cap1 cash in should be starting on wednesday...some believe we need to hurry to cash in because the rate is going to drop, some say it will be 30 days. the rate will be in the $8 range.
1-31-2012 Guru Frank26 We need to raise the value because inflation is getting out of control. Inflation is likely touching 10% and maybe even 11% now. Syria and Iran causing issues? Think on these things. the budget is really done and is awaiting the GOI and CBI to release it anytime now. we will see the rate before they see Ch. 7.
1-31-2012 Guru Brietling Your looking at money supply...the reserve [60 billion in foreign currency] hasn't reflected on the dinar yet...because Iraq has a money supply problem...they want to wait to pull in the money supply by getting rid of the notes with the three zeros on it...then boom voila they shorten the money supply...THEN they are going to add this positive value from the large reserve to the dinar...BOOM so you get a double whammy...we are looking for laws to be put in place to support this...then they are going to get it to the dollar...its so odd to see the central bank saying exactly what they are going to do...
1-31-2012 Newshound Guru Bondlady [from article] "...in the coming days in order to solve this problem by setting the exchange rate as well as the purchase price, the price of the Central Bank will be a new price in order to put the market in a balanced manner. “ they are gonna change the rate in the comming days not weeks and this was on the 29th...
1-31-2012 Guru Studley we are seemingly right on top of this happening ...however, when I tell you all to stay balanced...there is a reason...lots of movement in the world...some amazing events are lining up as we speak...this is an extremely complex event...think globally, and multiple moving parts that are needing to be insync at the same time...we are still in a very strong window... lots of players are pushing for this to come out...the problem is there might still be one or two roadblocks in the way.
1-31-2012 Guru Forward we are about to have a HUGE breakthrough. i'll believe that even if no one else wants to. lol
1-31-2012 Guru Ray ONE OF MY IRAQI CONTACTS, HE HAS A FAMILY MEMBER IN BAGHDAD THAT HAS A FRIEND THAT IS A REPORTER THAT WAS AT THE PRESS CONFERENCE THAT WAS HELD LAST NIGHT. THE PERSON GIVING THE PRESS CONFERENCE WAS MOHAMMED SALEH MUDHER. HE STATED THAT THE IQD WOULD BE HIGHER THAN THE USD VERY SOON. HE WOULD NOT GIVE A DATE...ALSO...THAT WHEN THE REVALUE TAKES PLACE, THE BORDERS WOULD BE CLOSED FOR 24 TO 48 HOURS AND THE BANKS WOULD BE CLOSED ALSO. HE ALSO STATED THAT THE PEOPLE IN COUNTRY WOULD HAVE 20 DAYS TO CASH IN AND PEOPLE OUTSIDE OF IRAQ WOULD HAVE 30 DAYS. HE KEPT STRESSING THAT THE RV IS GOING TO HAPPEN VERY SOON.
1-31-2012 Guru Freeway Bill This baby could literally drop at any moment...Agreements have been made and we are on an "hour by hour" watch.
1-31-2012 Guru Cap1 cash in should be starting on wednesday...some believe we need to hurry to cash in because the rate is going to drop, some say it will be 30 days. the rate will be in the $8 range.
1-31-2012 Guru Frank26 We need to raise the value because inflation is getting out of control. Inflation is likely touching 10% and maybe even 11% now. Syria and Iran causing issues? Think on these things. the budget is really done and is awaiting the GOI and CBI to release it anytime now. we will see the rate before they see Ch. 7.
