NEWS! A really huge… HUGE STEP in the Correct Direction in my opinion!!!

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Happy Monday Dinarians,

Personally I’m really coming unglued with excitement today – this NEWS is a really huge, HUGE STEP in the correct direction in my opinion!!!

If we see Dr. Shabibi back in control of the CBI, then the 2015 Budget is passed which means basically we got Article 140 / Erbil agreement included with the 2015 Budget, friends, we have in my opinion taken 2 very HUGE steps to finally seeing a significant increase in the value of the IQD.  

It won’t happen over night, but it certainly encourages me to believe that it will happen sometime in 2015, and for me, I can be patient, especially for that kind of return!

Just to summarize the Articles below – the first article is about the new Prime Minister Abadi saying that he wants Dr. Shabibi to take over the CBI when the corruption charges (levied by Maliki’s corrupt regime) are dropped – DONE!  

The following articles talk about those corruption charges BEING DROPPED and Dr. Shabibi being RELEASED – AND DONE!!!  

~ Mr. IQD

REAL NEWS (NOT HACK GURU BS!):

6893173_orig[1]A source in the prime minister: Shabibi will return to his central bank governor

22/12/2014

BAGHDAD / JD / .. An official in the Prime Minister’s source, the intention of the prime minister Haider al-Abadi return of former central bank governor Sinan al-Shabibi to office after the issuance of the court acquitted.

The source, who preferred not to be named, told / BD /: “The day Monday, 22.12.2014 date the trial of former Central Bank Governor Sinan al-Shabibi for the acquittal of the charges against him by the previous government under the pretext of wasting public money.”

He added: “The prime minister Haider al-Abadi waved the return of the conservative story office Kmhafeza the central bank in the event of an acquittal from the court, the fact is Shabibi figure of great economic mentality.”

She had announced the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi, describing him out of office, “targeted personally” for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed, where the investigation has shown that he does not court entered the central bank and former boss Shabibi process waste money mentioned by the investigative committee formed by the House of Representatives, not even the BSA “Report ./ ended / 8 /

http://www.dananernews.com/News_Details.php?ID=5406

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Bayraktar: Release Shabibi and Mohammed Allawi, for lack of evidence

12/22/2014 11:23 GMT

Follow-up – and babysit – The spokesman of the Supreme Judicial Council spokesman Abdul Sattar Bayraktar, Monday, releasing Shabibi and Mohammed Allawi, for lack of evidence. 

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F&sandbox=1

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The release of the former central bank governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi

22/12/2014 14:17   |   Author: ka Editor: br Reporter:

Tomorrow Press / Baghdad: Iraqi judiciary decided, on Monday, the release of the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him as well as the former Minister of Communications Mohammed Allawi.

He said the name of the judiciary spokesman Abdul Sattar Bayraktar in a statement received by “tomorrow Press”, “The Rusafa Criminal Court decided to release the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him for lack of evidence.”

He added that “the same court decided to release the former Minister of Communications Mohammed Allawi of the charges against him for lack of evidence.”

The warrants issued earlier against former Central Bank Governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi on charges of financial corruption.

It is noteworthy that the Iraqi judiciary issued in (4 September 2014), was sentenced to seven years imprisonment against former Central Bank Governor Sinan al-Shabibi based on the charges against him during his administration of the Central Bank.

It is noteworthy that Communications Minister Mohammed Tawfiq Allawi, has submitted his resignation of former Prime Minister Nuri al-Maliki on the background and suspicion in Mali corrupted files affected his ministry and the attempts by some telecommunications companies pass shady deals in Iraq, which was denied by the Minister of Communications, asking not pushing his ministry in the political differences and intersections. 

http://alghadpress.com/ar/news/24503/%D8%A7%D9%84%D8%A5%D9%81%D8%B1%D8%A7%D8%AC-%D8%B9%D9%86-%D9%85%D8%AD%D8%A7%D9%81%D8%B8-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B3%D8%A7

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The trial of former Central Bank Governor in the Rusafa Criminal Court

Ali Mohsen Radi   |   December 22, 2014 1: 41 pm

Sources said the Supreme Judicial Council, Monday “The Rusafa Criminal Court began the trial of former Central Bank Governor Sinan Al-Shabibi balhiah second specialized issues of integrity in the Rusafa Criminal Court on charges of corruption.”

My source was the early detection (26/11/2014) that both the former Central Bank Governor, and former Communications Minister, appeared before the Court upon their return to Baghdad, following promises that they will receive a fair trial, noting that the judge released on bail.

The parliamentary legal Committee confirmed, on (29 November 2014), a guide for the retrial of a number of politicians and officials who had been subjected to prosecution previously, while I returned that fall within the broad process of “judicial reform”, revealed the changes included more than 90 officials in the judiciary.

It is expected that the Tribunal acquitted Shabibi because the charges against him were malicious and untrue posts his former Prime Minister, Nouri al-Maliki who wanted to simplify his hands on Central Bank and used safe from the currency and making it an easy tool for him but this was rejected by Sinan Al-Shabibi, Maliki had issued an arrest warrant for him under the pretext of the existence of financial and administrative corruption files committed by Al-Shabibi

He justified the former Central Bank Governor Sinan Al-Shabibi, at (10 November 2012), in the absence of the World Bank and the international organizations to comment on the dismissal, the lack of interest of the characters that manage central banks as far as dealing with monetary policy, and would likely be watching the Central Bank’s policy stance of monetary changes by the new management of the Bank.

The Supreme Judicial Council announced in (19 October 2012), the issuance of an arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases after he was quoted in the local media (14 October 2012), regulatory sources that has issued an arrest warrant against Al-Shabibi on corruption charges, saying he fled out of the country after the issuance of the memorandum, the Bank denied those reports, saying the Governor is currently involved in an annual Conference in Tokyo and return to Baghdad.

The Iraqi Cabinet decided, in (16 October 2012), head of the Office of financial supervision Abdel Basset Turki as the Governor of the Central Bank said.

The integrity Commission described in the parliamentary (10 November 2012), the Special Committee to investigate corruption cases attributed to the Central Bank of Iraq is “illegal” and stressed that the new Committee will be formed to investigate this file, called for a freeze on the decision to arrest the right Bank Governor Sinan Al-Shabibi

http://burathanews.com/news/255362.html

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ARE YOU GETTING EXCITED YET???

Remember the most important thing is NOT to “buy into” the Hack Guru cons and bull-S that they will be throwing at you!

~ Mr IQD

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I love this CBI Article – You will too!!!

Happy Thursday Dinarians & Happy December!

Well, yes, happy December – can you believe despite the THOUSANDS of calls by Hack Guru for the RV, yet here we are now in December 2014 with no “RV”.

Listen, I wanted to publish this article from my private Skype Room, because I want you all to see this which was originally published by the IQD TEAM Connection.

But, before I have you read that article, I’m giving you my OPINION AND ANALYSIS of the article, but in short – I feel very happy about what I read in the article!  Here we go…

Well, today I saw posted in the News Room the following Article which is a tad bit long (like one of your RANTS! you used to do…) but I believe worth reading!
 
In short, it looks like Abadi is looking for a new Governor of the CBI.  According to the way I read the article, it looks like Dr. Turki was really incompetent and did a bunch of corrupt mismanagement mostly for Maliki’s benefit (no surprise there)!
 
Then, we saw that Keywords was put in to replace Continue reading

Is Ali Alak The New CBI Governor?

Hello Again Dinarians,

This was sent to me this morning by a good buddy and friend of the Dinar Community Marc G.  – Thanks!

Is Ali Alak The New CBI Governor?  According to the below News Article from Iraqi News Source Xendan.org he is!

Maybe it is too soon – but the CBI.iq website as of Tuesday, Sept. 2nd, in the morning, their website is still not showing the change and still lists Dr. Turki! 

Ali Alak - The New CBI Governor

Ali Alak – Is He Really The New CBI Governor?

Khandan – Iraq’s cabinet decided on Tuesday, taking on the Keywords Secretary General of the Council of Ministers, the Governor of the Central Bank.

Said Dr. Khairallah Hassan, Minister of Trade in a statement to “Khandan”, said the Council of Ministers held its meeting today, was chosen as a new governor of the Central Bank, after it reached the governor of the central bank and agency Abdel Basset Turki retirement age.

He said the Minister of Commerce in the context of his statement that the relationship to fill the position of Governor of the Central Bank would be temporary.

LINK  (or, you can Copy & Past the link:  http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=/search%3Fq%3Dxendan%2Barabic%26rlz%3D1C1CHFX_enUS469US511%26es_sm%3D93&rurl=translate.google.com&sandbox=0&sl=ar&u=http://www.xendan.org/arabic/drejaA.aspx%3F%3Dhewal%26jmara%3D1582%26Jor%3D2&usg=ALkJrhjUzwEuzWa7UWqQxBv3MGdXD-wzzA )

I’m optimistic and excited if this news is real and is confirmed with additional news articles later today, and finally by seeing the CBI.iq’s website updated.

I really hate to have to mention this WARNING – but the Hack Gurus will certainly use this good news for their next “calling for the RV” rants and try to convince their followers that they have some sort of “inside knowledge” and you just watch, they will say something like: they have actually known about this for a while now, but just could not tell you because they were sworn to secrecy!!!  They are so consistent in their loads of crap and garbage – look it up for yourself, year after year, the same garbage and lies! 

This News Article shows us that Maliki’s grip on the CBI has finally been destroyed (if it is accurate) – since Dr. Turki was put in there by Maliki who used “trumped-up charges” against Dr. Shabibi about 2 years ago. 

We wait to see, but I’m encouraged!

~ Mr. IQD

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HOTT!!! Dr. Shabibi Talks and GREAT Analysis by ~ Red Lily ~

Happy Tuesday & Welcome Back Dinarians!

I hope that you all had a great Labor Day Weekend with your family like myself and Mrs. IQD did. 

To kick off September I was really impressed by the News Article from Dr. Shabibi (the former CBI Governor) and the keen analysis supplied by our friend and Newshound ~ Red Lily ~

I’m supplying to you part of the full article – and the link for you to finish it on her website – to insure that she gets the full credit she deserves!  Here we go:

6893173_orig[1]Economic performance in the development of Iraq did not materialize and the time lost a lot from him

Mohammad Reza Sinan Shabibi

In the economy we face an economic problem at the individual level and at the community level. The problem is that these multiple needs, and resources for these needs is limited. Because resources are limited, we must choose needs that must be saturation.


  • For those out there invested in the dinar, the very first sentence from this extinguished gentleman should send up a red flag. Especially to those who are falling for all the so-called Dinar Oracles saying Iraq’s currency is fixing to revalue exponentially any time soon. Please please please, if you are down and out and confused, do yourself a favor and educate yourself so you do not fall for what these Oracles are saying. Shabibi just said in the first sentence Iraq is facing an “economic problem”. Look for yourself and you find a country’s currency value is based on the country’s economy. Don’t be lazy if you feel let down because it is not happening the way this D.O.’s say it is. Step up and learn. A good place to start would be right HERE ~ RED LILY ~ 

Iraq must satisfy the needs of social and economic but many resources, whether financial or human negatively affected by war and the siege and the loss of opportunities for growth .oadh that Iraq has become a facing problem to choose among the needs which are in fact represent economic objectives in different sectors at home and abroad.

  • Realize this is just my own opinion of what Dr. Shabibi is saying here.  Iraq must satisfy the needs of social and economic with many resources. The International Monetary Fund (IMF), met with Abdul Turki, CBI Govorner, this past spring. During this meeting they discussed what still needs to be accomplished in Iraq Banking, investments, securities and economy. One of the MAIN subjects was that Iraq needs to “Diversify” their notational product away from oil.  This means Iraq must also concentrate on industry type jobs as well as agriculture, mines and manufacturing. The IMF looks at a country’s unemployment rate, political stability and economic stability of a country and tells them what areas need improvement in order to comply with IMF standards. Iraq was told they still need better banking and investment reform laws and they have yet to fulfill this obligation. Stay on the look out for these types of laws to pass. To support what I am saying here, read THIS~ RED LILY ~ 

The circumstances of evolution and the big problems worked to narrow the choices I greet you find it difficult to identify these choices, and that should satisfy the needs of the shortest time possible because of missed opportunities on the individual and the Iraqi society. This means that the time is considered an important economic variable, and therefore is reduced to a primary goal.

  • The above statement from Dr. Shabibi is basically stating there is so much that needs to accomplished in a…  [Finish Reading

Was that an excellent article or what?  Kudos to Ms. ~ Red Lily ~ and thanks to her for sharing it with me.  I hope it cheered you up and gave you peace of mind, like it did for me! 

And Please remember whenever you hear a suspect story by any of the Hack Gurus, just check the facts at the official website for the Central Bank of Iraq by going to their only and OFFICIAL Website:  www.CBI.iq

~ Mr. IQD

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EUREKA!!! NY Times Article Confirms Kuwait’s 1991 DINAR “RV”

Happy Monday Dinarians,

I can’t tell you how AWESOME I feel this morning – just minutes ago after I logged in to LJ’s Next Step Skype News Room and I saw a REAL NEWS Article posted by “MyDigitalDr” one of the room’s active members.

This Article is from March 25, 1991 and is from The New York Times (Archive) – It is titled: “AFTER THE WAR; No Electricity but Kuwait Reopens Its Banks” and among many things it specifically talks about Kuwait’s Central Bank’s “RV” of their KWD (Kuwaiti Dinar) after Saddam had invaded Kuwait.  

Here is the article – I have highlited the exchange rate for you.

By DONATELLA LORCH, Special to The New York Times
Published: March 25, 1991

It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency.

Banks reopened for the first time since Iraqi occupation forces shut them down in December. Thousands of people Continue reading

A TNT Dinar Forum Member asks Mr.IQD a question about the Bank’s “Contract Rates”

Happy Tuesday Dinarians,

This person’s Mailbag question is short – but it elicited a rather long reply by me.  Since I know there are many TNT Dinar Forum Members (and members of other Hack Guru’s boards) I felt I should publish my response, advice and option so everyone can benefit.

Here is the person’s question (name removed to preserve privacy):

question-markName or Handle: [Removed for Privacy]
Email (not required – only if you want me to reply to your question): [Removed for Privacy]@yahoo.com
Comment (please see note above): I was directed to you from the TNT DINAR forum.

I have a newbie question: do you know whether banks in [Removed for Privacy] will offer the contract rate?
My guess was “NO”, but my knowledge is limited.
Many thanks for the help.
[Removed for Privacy]

Time: June 23, 2014 at 10:19 pm

Here is my response, advice and opinions to that person:

Hello [Removed for Privacy],

Thanks for your question.

The only way to know for sure, is wait for the “RV” or as I prefer to say, the significant increase in value of the IQD, then call your local Bank’s Currency Exchange Department and see if they are now handling the IQD.

I would expect that in reality, large Banks like BofA, Wells Fargo, CHASE, etc. will want to start handling the IQD AFTER (note, I said AFTER) the Iraqi Dinar SIGNIFICANTLY increases in value.

You should also be able to go to your local International Airport and find a Currency Exchange Service where you would be able to facilitate an exchange of your IQD to what ever currency you wish.

I also caution you to not try to exchange all of your IQD at the same time. Keep most of your IQD in a safe place, and only exchange a small portion. There will be no rush – despite what Hack Gurus like Tony TNT, Okie, PTR, Blaino, etc will try to tell you.  Also, I would never NEVER NEVER NEVER trust one of those crack-pot Hacks with one of their “services” – In my opinion you are setting yourself up to be ripped off.

Sure, the Hack Gurus will promise “better” rates, etc. but trust me, no HONEST service will be giving out a better rate than what will be published on the Central Bank of Iraq’s website (always go to: http://www.CBI.iq for current IQD rates & exchange info). And don’t believe the Hack Gurus BULLSHIT when they promise better “group rates” – there is no such thing, it is just another way to con you out of your money!

Those are my opinions, and I’m sticking by them. Use your own local banks and local services. Don’t “cash out” all of your IQD at any one place or time. And my friend, you should be just fine, and have a happy future! :-)

~ Mr. IQD

I hope this post has also helped you – feel free to leave your comments and advice below:

~ Mr. IQD

CBI & Fed Reserve “June RV” Question from our Mailbag

 

Happy Monday Dinarians,

I was not sure if “Z” wanted their full handle released, so I’m being cautious and leaving out his/her name.  Below are “Z’s” two questions I received.  I have interjected my comments inline with “Zs” comments and questions below:

Anonymous Name / Handle: z*******8
Email Address (only give if you want a reply): 
Comment: Ok you all have a Gr8 website, but thats not why I’m writing. I have been invested in the Dinar since 2009 and have been following the news very closely to make sure i haven’t invested in toilet paper.

[I noticed you said you “…have been following the news…” which is great, however if you have been following the REAL News from Iraq, then you should not be in doubt about what needs to happen, with regards to the CBI and the “RV” of the IQD.  You should not be asking your following Continue reading