REUTERS: The Head of the IMF was even surprised by the Swiss Franc!

Hello again Dinarians,

QUESTION:  IF THE HEAD OF THE IMF WAS SURPRISED ABOUT THE UNPEGGING OF THE SWISS FRANC – THEN HOW IN THE HECK CAN A HACK GURU HAVE “INTEL” ON THE CBI AND IQD!!!

Lagarde said Swiss central bank did not warn IMF

Lagarde | Credit: Wikipedia

NEW YORK, Jan 15 (Reuters) – The head of the IMF on Thursday said she was surprised by the decision of the Swiss Central Bank to scrap its three-year-old cap on the franc, which sent the safe-haven currency soaring against the euro.

“This was a bit of a surprise,” IMF Managing Director Christine Lagarde said on CNBC. “(SNB Chairman Thomas) Jordan did not contact me; I find it a bit surprising that he did not contact me.”

“I would hope it was communicated with… CONTINUE READING

How many times have we heard the Hack Gurus claim to have contacts as high as Christine Lagarde at the IMF – secretly sharing “intel” with them?  Ha!  Lies, how could they get this “intel” from someone “high up” when Christine Lagarde herself didn’t even know!  

This is EXACTLY why I have told you over and over that nobody knows the “date & rate” with respect to the CBI and the IQD!!!  Not Tony TNT, Not Okie Oil Man, Not TerryK…. you get the idea – NO BODY!!!

PLEASE DON’T LET THOSE HACK GURUS FOOL YOU – THEY ARE TELLING YOU LIES WITH RESPECT TO THE IRAQI DINAR!!!

~ Mr. IQD

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HOT!!! The Swiss Franc “peg” removed today!!! Where were the Hack Gurus?

Happy Thursday Dinarians!

Hey, this is pretty amazing, the Swiss removed the Peg on their Swiss Franc (CHF) currency yesterday, and it shot up in value against the Euro. Some currency traders are probably instant Millionaires because of this.

The funny thing is, there is no HACK GURU “fan fare” – NO “dancing in the streets” – NO “boots on the ground” – NO “PTB” with “Insider Info” – NO “NDAs TO SIGN”!!!

The Swiss Franc | Image Credit: Wikipedia

QUESTION: If the “connected” Hack Gurus like Tony TNT, Okie Oil Man, Adam Montana, Blaino, etc are so well connected with their “Global World Power INSIDERS” within the Treasury, IMF, BIS, World Bank or whatever lie they wish to tell you – WHY didn’t they leak the un-pegging of the Swiss Franc to you and me? – Heck we all could be seriously wealthy today if they had!!!  Maybe they are not connected as well as they want you to believe.  

Now of course the Hack Gurus will come up with some fancy lie that will convince many of you, but hopefully a few of you will really think seriously about this question of “why didn’t their connected “powers to be” people tell them, and they tell me!”

FRIENDS, THIS EVENT IN SWITZERLAND JUST HAPPENED – SIMPLE AS THAT!!!

I BELIEVE THE IRAQI IQD WILL HAPPEN THE SAME ONE DAY IN THE FUTURE!  WE WILL WAKE UP AND READ ABOUT IT ‘OUT OF THE BLUE’ – JUST LIKE THE SWISS CENTRAL BANK JUST DID WITH THEIR SWISS FRANC!!

HERE ARE THE LINKS TO THE NEWS STORIES:

Switzerland stunned markets Thursday by allowing its currency to trade freely against the euro.

AND

Switzerland Stuns Markets by Giving up on Currency Peg

Have a GREAT Thursday Friends!

~ Mr. IQD

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

Image

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

Dr. Shabibi – Video – Q&A RV & Redenomination – US Chamber of Commerce – April 19, 2011

Happy Tuesday Dinarians,

6893173_orig[1]For many of you “long-termers” you will have already seen this video of Dr. Shabibi, the Governor of the CBI at that time (April 19, 2011) answering Revaluation and Redenomination Questions at the US Chamber of Conference in Washington DC.

For those of you “newbies” who have been getting nothing but garbage and lies from the Hack Gurus, why not take about 9 minutes to watch this video?  The audio is a bit low, so be sure to turn up your speakers, or read the transcript below.

Please note, the following transcript is from YouTUBE User “Coqui TV”:

Original Footage by: Frothbucket. Video edited by coquidinares.
Date: Abril 19,2011
Location: US Chamber of Commerce Washington, DC

Dr. Shabibi answers a revaluation and redenomination question made by two attendees.

Transcript:

Question: Revaluation
With respect to the ongoing and need of stability in Iraq
and its exchange rate, we did not follow that there is a direct need for a potential revaluation of the currency to its due for domestic and foreign investment in Iraq, and in regard to that, how far you believe we are from a potential revaluation of the Iraqi currency.

Shabibi answer:

Well thank you very much for this question and the … ahmmm ……. even if I know the answer I cannot tell you .. (laughter) the thing is … you cannot have an economist saying without….the answer depends, so the question here is if revaluation is really going to depend on what extent we are going to continue controlling the inflation.. as you know, if you go to the Central Bank website … the first job is maintaining price stability .

So there is a little bit of inflation in Iraq … it use to be 2%… 3% … now is about 5% .

But we are watching that very carefully … If this inflation
continues we will have to revisit the question of exchange rate because revaluation depends on inflation … of course .. the other factors that determine the movement in currencies are a lot … sometimes we look at trade, exports and imports, all the obligations, the balance of payments and all this things …definitely no doubt you look at those … but those are problems related to the development part of the economy.

The question of maintaining a price stability is really something …you see the inflation and all this things….. cause nobody else in the economy is concern with inflation …. the government puts its budget… the government is the spender and the Central Bank its saver…. It’s not very important for them to concentrate on inflation …. so actually the question here is we are going to track and follow the development in inflation first and of course other factors which I mentioned. Second then will determine our exchange rate movement.

Thank you Governor. This may be the same question, so I can understand if you can’t answer. My name is Bob Kelly, I am an Investor in Iraq, the Summit Hotel in the International Zone with the OPEC financing.

Question: Redenomination

I’ve heard a report in the last couple of days That Iraq is about to cut three zeros off the currency …they call that re-denomination that may be the same question (revaluation) that you just received but I wonder if you had any information about that.

Shabibi answer

Well, I mean …. I don’t know whether if it is the same question (revaluation), I think this cutting of three zeros… shouldn’t be exaggerated … actually that is the problem…the question is … just ” re-denomination” …. and …. people writing a lot of articles in the news papers… criticizing the Central Bank…., that is going to …. the value the Iraqi dinar… that is going to depreciate … all kinds of talks. This is a question, just actually, to facilitated payment… ease of counting and all this things…. and of course when you see a lot of figures, you see trillions and huge figures…. if you want to be precise and you see twelve figures or fifteen figures or digits … So I think we have a plan on that.

If you remember … why …. there was not a government decree to add this zeros. It happened because of the course of development of the economy at the beginning of the eighties…. Inflation was very high … Inflation was rampant and therefore … I mean small denoms start not to be use … so government started to add the three zeros at the time…. and of course conditions are different now .

Inflation is under control, exchange rate is manage by the Central Bank…. all these things when you have the zeros you could not manage … not because of fault of the government or the Central Bank (only) … which I think there was but because there were a lot of exogenous (external) factors.

I’m not saying that we are champions now I mean … there were a lot external factors which affected and a lot of people did not know what to do, so they started to add three zeros and all this things.

So now the situation is completely different from that time, you had a high inflation, you have now a low inflation, you had actually something which is a stable macroeconomics situation . At that time the situation was not stable . So the only way to combat all of this things at the time was to increase the denomination and put three zeros.

Continue reading transcript here:
http://coquidinares.forumotion.com/t8504-dr-shabibi-answering-revaluation-and-redenomination-questions#35233

Let me know what you think about this?  Did you appreciate me digging up the truth and the past?  I’d be interested to know if this post has helped you.

Have a GREAT week, 

~ Mr. IQD

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JACK, the Analyst, reads my post with “little interest” – My Response!

Hello again Dinarians and Happy Friday!

I know that the Hack Gurus like Tony TNT, Okie, Blaino, Breightling, Dan at PTR, and others will boot you off their forum or conference call just for your differing opinion, daring to question something they said, or making a comment about what is their source! 

Therefore, rather than leave Jack’s comments about me, which frankly I don’t agree with most of them, on yesterday’s post, I’m highlighting them here:

I read your posts with little interest for a very simple reason. They contain very limited value. Still I read as much info across the Internet regarding this speculative event as I have time in order to gain insight and glean some knowledge from many sources. My career background as an analyst disallows too much emotional response to all I study. Therefore, I have a suggestion that I think beneficial. Stop the negative ad hominem attacks on the “hack gurus”. Such argument offers nothing of value and completely discredits any attempts you may think helpful to your audience. I would also suggest you discontinue your arrogant posture communicated by blatant criticism of those who read the posts of these “hack” guru’s. In fact, you owe an apology to those speculators at large. I wish you the best and hope you consider posting information of value for those of us pursuing this event. I have learned much from many sources and look forward to learning something from your insight if you have it to offer.

Best regards, Jack

Now, for the response I sent back to Jack, note, I have not “booted” him:

Hello Jack,

Thanks for your opinion, but due to the simple fact that Continue reading

Skype Room – Private Conversation (a must read)!

Happy Thursday (again) Dinarians,

THE FOLLOWING IS AN EXCERPT FROM A PRIVATE CONVERSATION I WAS JUST HAVING WITH OW IN MY SKYPE ROOM, AND I KNEW I NEEDED TO SHARE IT WITH EVERYONE…   ENJOY! 

MrIQD-Skype-RoomI don’t know why more people in our community don’t bother to even make the effort to read the headlines, much less read a few articles each day as well as listen to the IQD Team’s Conf Call. It is so amazing how lazy they are.

They just want to be “instant scratcher lotto winners” – which is why I believe, most of them will follow the Hack Gurus, like Tony TNT, Okie Oil Man and others.

The Hack Gurus, don’t make them “think” they infact don’t ALLOW them to “think”!!!

They dictate to their followers what to say, believe and think.  I don’t know about you, but I honestly want to think for myself, which is what I constantly encourage all of you to do.  For example, rather than trust someone to tell you the Rate for the IQD, go check it for yourself on the Official Website of the Central Bank of Iraq – www.CBI.iq

Now the trick that a hack guru will pull, is to encourage you to go to CBI.iq – but then they cast doubt by saying, the “real rate is hidden, and only my contact at the [insert 3-letter agency name here] really knows the truth”… LIE!!!

And the sad reality is that these followers buy in to it because they are lazy and don’t want to put forth any effort to EARN the $$$Millions$$$ they will benefit from “Post RV”.

Which leads me to this sad reality of a conclusion

At least 80% of those hack guru followers will LOSE their entire new fortune within the first 6 to 9 months!!!

Shocked???…  This is a sad reality NOT made up by me, but a real statistic of “SWS’ (Sudden Wealth Syndrome).

Friends, please PLEASE be careful.  Remember what your mother or father told you growing up: “if it is too good to be true, then it probably is.”  

Search for “Sudden Wealth Syndrome SWS” and learn more about how to overcome the shock of being suddenly wealthy!  

The fact is – SWS will cause

60% to 80% of people to loose

all of their money within

only 6 to 9 months!!!

I honestly 100% believe in the people of Iraq and the facts (from the REAL NEWS) that Iraq is turning around their society, politics and economy!

Also, I do 100% believe their currency will significantly increase in value eventually!  Either over time, or suddenly, but I do believe it will.  

However, I believe ONLY in buying what you can afford, don’t buy lay-a-way program or reserves and be prudent with whom you do business with, seek advice from, or disclose your Iraqi Dinar holdings to.

I really hope this helps you, or someone you know in our Dinar Community.

Do you want to join in on the daily conversations that go on in my Skype Room? Then send me a request to join via this LINK.

~ Mr. IQD

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