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

RANT! Snoopy’s IQD Rate Rant!

Happy Thursday Dinarians!

Well, the 14th and 17th are close at hand, no more than 1 week to go and we should see Maliki legally lose his power as Prime Minister of Iraq – then, on to the Elections in just 20 days!  It really is getting exciting to watch and learn from the real News out of Iraq. 

Which reminds me, I highly encourage you to listen to The IQD Team Connection’s Conference Call Tuesday and Thursday Evenings (8:00 pm EST / 5:00 pm PST).  I have their Phone number and PIN posted on my CC Directory!

Rant!

On to Snoopy’s Rant!  Thank you again Snoopy for your excellent and thoughtful Rant!  I appreciate your experience and insight to help our fellow Dinarians come to their senses about the potential “RV” and the eventual significant increase in the rate of the Iraqi Dinar!  Enjoy!

So, here we are moving into the second week of April 2014 and as the months and years keep passing bye, the HACK GURUS continue manipulating the SHEEPLE by dangling the RV in front of them.  I believe it is reasonable to assume the Dinar could be used as a pawn in the upcoming Iraqi elections (whenever they may be held).  I wonder which it is: getting something from nothing or nothing from something?

Now, if you’re reading this, one of the questions I wanted to ask:  “Would YOU be willing to buy the Dinar if it RV’s 1000 times more than what it is today”?  That would make a $1000 investment worth approximately $1 million, or an RV of approximately 1:1.  This of course is on the low side according to most of the HACK GURUS. So, If you wouldn’t buy the Dinar if it RV’s at 1:1 or more, why would you

expect someone else to buy it at that price?  At what price would the market still be able to sell Dinar and conversely still have someone want to buy it?  What would that price be?

There’s been WAY TOO MUCH ENERGY PUT FORTH BY THESE HACK GURUS PROMOTING THE IDEA THAT THE DINAR WILL RV AT $36 +/-.   Worse is that these same HACK GURUS want us to believe that 100,000 of Continue reading