NEWS!!! The IMF has a very positive outlook on the CBI and IRAQ!!!

Happy Monday Dinarians,

Well there seems to be a lot of mixed-feelings flying around in our Dinarian community and there is just as much “mixed news” out there also!!!

Today we noticed two exciting things on the Central Bank of Iraq’s ( www.CBI.iq ) website that gives us two really GREAT things to be optimistic and positive about – we hope you agree and find peace and confidence also with these!

FIRST:  The CBI had a Currency Auction today (October 15, 2012 | Live | Screen-Shot) which sold over $294 Million in US Currency in Auction# 2235!  This is another huge sale of USD.  We are excited about this because we believe the CBI is intentionally making the IQD “scarce” and flooding the streets with USD which they will use as the “small currency” at the time of “RV”.

NEXT:  The IMF released a document which was linked on October 5, 2012 which is extremely positive on the future outlook for Iraq.  This is a short document and worth taking five minutes to read!  It will cheer you up about Iraq and hopefully help you better understand how the International Community looks at Iraq. 

HERE ARE SOME OF THE FIRST EXCERPTS FROM PAGE 1 OF THIS DOCUMENT:

In July 2012, the IMF’s Executive Board extended the SBA until February 2013 to allow more time for the authorities to implement structural measures envisaged in the program and address distortions in the foreign exchange market that have led to the widening of the spread between the official and market exchange rates.

Background

Iraq is estimated to have the world’s second-largest oil reserves, with reserves of 143 billion barrels. By the 1970s, Iraq’s oil resources had enabled the country to reach middle-income status, with a modern infrastructure, and good education and healthcare systems. Since then, however, the country has suffered through three devastating wars, a long period of economic and financial mismanagement, and international sanctions imposed during the 1990s. These events severely damaged political and economic institutions and undid earlier economic and social gains. By 2004, per capita GDP had fallen to less than US$800 from US$3400 in 1980, and the country suffered from a crippling debt burden.

The task of rebuilding the country after 2003 remains immense and is made harder by sectarian politics and prolonged violence. Iraq’s reconstruction requires not only the rebuilding of its infrastructure, but also of its economic and social institutions and the creation of a business environment that attracts capital and brings with it new technology and skills to modernize the economy. Iraq’s huge oil reserves could, in principle, provide the revenues needed to finance the reconstruction, but strong institutions and favorable business environment are needed to use these resources effectively.

NOW… Ask yourself….  Do you really think after reading this IMF document that the World Community will let a punk like Maliki screw it up for Iraq and also the entire free World Community?  Our opinion is, not likely!

Have a GREAT Day  🙂

~ Mr. IQD

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WTF??? KAPERONI – You and Steve Rolled out the "Crap-eroni" Last Night!!!

Oh Good Grief —  Hello our Dinarian Friends,

We really don’t know where to start with the DinarAlert call that was put on last night by Kaperoni and Professor Steve!  But, we will give it a try anyways!  🙂

Maybe it destined for disaster when Kap had forgotten to take their 300+ callers/listeners off Hold during the opening 11 minute monologue!  Kap, of course, then embarrassed had to restart the entire call and redo his monologue!

 

So you know what we are talking about, if you care, here is the call information:

PLAYBACK  LINK   —  or  — Copy and paste entire link into your web browser….

*Note the call was started and stopped due to error.  Fast forward 10 minutes AND 55 seconds (10:55) to get the actual beginning of the call when Kap realized the error!!! LOL!!!

https://www.freeconferencing.com/playback_ow.html?e=1374728400000&cid=conferences/49-17-65-67-17-65-6753956470-41-94114-17-65-672081-17-65-67-17-65-67-17-65-67.mp3&cn=94-43-28-63

However, as Alexander Pope once said: “To err is human, to forgive divine” – but, unfortunately we can only “forgive” Kaperoni and Steve for that error, because last night was a true epic train wreck of misleading information!!!

LET THE CRAP-ERONI ROLL…..  “TAKE 2”!!!

There is just so much to Continue reading

URGENT!!! CBI Raises Interest Rate to 16%

HAT TIP:  The Currency News Hound


We added the screenshot to otherwise original article we reposted from Currency News Hound.  We just took the screenshot from the www.CBI.iq website.  The Interest rates are rising, and M2 2012 indicates a 14.8% rate – which as we assume can be from the recent Arab Summit when Maliki “shut down” the economy of Baghdad and most of Iraq for that matter as a security tactic during the Arab Summit.


May 8 2012 11:18

Detect the Iraqi Central Bank for the high rates of inflation in the month of October increased by 2.7% from the previous month, pointing to the adoption of hard-line policy in the interest rates and submit them to the 16% to pay for commercial banks to make substantial modifications in the interest rates various bank to deal with this inflation.

A statement issued by the Central Bank, “The index of consumer prices in Iraq in October 2006,” disclosed an increase in the inflation rate amounted to approximately 2.7% compared with September of the same year. “

The statement added that the increase “showed different altitudes in the prices of goods and all services, reflected more or less at the level of annual inflation, which has seen a remarkable increase of about 9.52% according to indicators of the month last October compared to September, amounting to 6.51%.”

The Central Bank states that “despite the slight decline in the annual rate of core inflation in the month of October 2006, the index of consumer prices .. are excluded from the paragraphs of fuel and lighting, transport and communications.

http://bit.ly/JcgFaY


Attention Dinar Holders – Okie & Bulldog75 Excuse of The Day (Plus See Very Bottom For Important Observations and Instructions)

HAT TIP:  Captain RV & Sparky De LaRUE


We were just emailed this following update/post from Captain RV & Sparky De LaRUE!   We were thinking of how to post our observation of Beth Ogle’s… Errrrrr….. “Okies” crap announcement yesterday, but our Superheros did an EXCELLENT JOB OF IT!  Enjoy!!

~ Mr. IQD


???????????????????????????
THIS WAS FROM YESTERDAY
5-2-2012  Intel Guru Okie_Oil_Man 
I HAVE FINALLY GOTTEN WHAT WORLD ALIGNMENT TIME IS—-
IT WILL BE AROUND 4 PM CENTRAL BEFORE I CAN MAKE
“THE” POST OF A LIFETIME…
AS OF LATEST RECEIVED I WILL BE ABLE TO POST
SOMETIME AFTER 4 PM CENTRAL–
NOT EXACTLY SURE TO THE MINUTE YET–
AWAITING PERMISSION FROM PTB TO POST.
???????????????????????????

SO WHERE’S THE BIG ANNOUNCEMENT OKIE?

 CONCLUSION:
IN CAPTAIN RV DINAR & SPARKY DeLaRUE’S OPINION
THERE WAS NO MAJOR ANNOUNCEMENT IN THE FIRST PLACE…
JUST ANOTHER SENIOR MOMENT THAT GOT MIXED UP…
SOMEWHERE LOST IN OKIE’S FEEBLE OIL DRENCHED BRAIN CELLS…
BECAUSE ONCE AGAIN HE PROVES…
THE ONLY THING THAT COMES OUT OF HIS MOUTH….
IS TOTALLY – A BUNCH OF – CRAP….
 
Brought to You by:
         just for laugh productions
IF YOU CANNOT HANDLE THE TRUTH OR WANT TO BE TOLD THE TRUTH – JUST DELETE OUR EMAILS – AND GO PICK UP YOUR SHOVEL AND HAVE FUN!
IF YOU DO NOT LIKE THESE EMAILS FROM OUR SUPER HEROES… JUST DELETE THEM!   IT TAKES LESS THEN A MICRO MILA-SECOND TO DO!IF YOU WANT TO BELIEVE IN ALL THESE FALSE PROPHETS – YOU GET WHAT YOU DESERVE AND THAT’S YOUR CHOICE –
IF YOU CANNOT LAUGH ABOUT ALL OF THEIR WACKO PREDICTIONS  – WELL – WE FEEL SORRY FOR YOU!

Dinar exchange rate issue at the table of prime minister; Ministers and CBI discuss why fluctuations in IQD

HAT TIP:  The Currency News Hound


05/01/2012

According to a statement of the Office of Shaways received Alstqama electronic copy of it: that of the advisers in the Prime Minister made a presentation to the causes of fluctuation in the rate of exchange of the dinar against foreign currencies and the merits of the issue, with the central bank governor explained away, and after officials on the subject of extensive debates.

The statement pointed to: that the Committee will hold a second meeting to get to the recommendations that would assist in the stability of the dinar.

Meeting was attended by ministers of finance, oil and Planning, Commerce and Agriculture and the Governor of Central Bank of Iraq and Secretary General of the Council of Ministers and his assistant and head of the National Investment Commission and Adviser to the Prime Minister for Legal Affairs and the Economic Adviser in the form of consultants and Dr. Ali Abdul-Amir Allawi, an economist and financial expert, Ahmed Rehn.

http://bit.ly/K2qwRn

Central Bank of Iraq's NEW Currency … Soon to market!!!

HAT TIP: The IQD Team


MP from Kurdistan Alliance bloc Mahma Khalil, for contracting the Iraqi Central Bank with (4) known international companies for the printing of new currency for the printing of the new national currency after you delete the zeros of which, describing the project to delete the three zeroes from the currency as “successful” and the time is ideal for replacing them. Khalil (of the Agency news) on Sunday:

The project to delete three zeros from the local currency is one of the important projects and at all levels, whether for economic or security to the country, pointing out that the topic of the program by the central bank and a good time to replace the ideal currency, which will be early next year. He pointed out: that the central bank has contracted with (4) well-known international companies, and solid in the field of international currency printing, without giving their names or nationalities, saying: that it is too early to announce the nationalities of those companies. Khalil added: The new currency will be a high specification and have the properties of security is very high is not as easy to be forged, in addition to the federal government has (25) organ The allergic and high distinguishes new currency counterfeit of good as well as import (25) another ATM by the central bank to detect counterfeit currency, calling for attribution and support this project because it will reform the Iraqi currency by reducing the money supply raised in the local markets. The Attorney-Khalil: The new currency will consist of the categories (1, 2, 5, 10, 25 and 50, 100, 200) dinars, as well as small metal groups (50 and 250) fils. As revealed deputy governor of the Central Bank of the appearance of Mohammed in favor of the existence of safety properties of high-tech and scientifically advanced in the new Iraqi currency after deletion of zeros of the three of them. Saleh said in an earlier statement that the Central Bank of Iraq has reached advanced stages of preparations for the mission logistics project to delete the three zeroes from the Iraqi currency, and after obtaining approval from the federal government to implement it will be working on a larger scale because it is a legitimate strategic interest to the general of the Iraqi people.

THANKS BACARDI RICK

A source reveals details of a meeting of the National Alliance and the last seven conditions for the renewal of confidence in Maliki

HAT TIP:  The IQD Team


Happy Monday Friends,

Looks like its another Monday, and Okie and his hack guru friends like “Bowl”dog75 was WRONG (again, again, AGAIN) about it having RV’d on Friday!!!

A roller-coaster may be fun to ride at the Carnival or County Fair, but NOT in terms of following “hack” gurus who continuously spin you around and around till you want to vomit!

Please share this with your friends (only the ones you care about) and tell them to get away from their lies!

Have a FANTASTIC week – this following article is very encouraging that Iraq is moving in the “right” direction!  We don’t know how long it will take, but at least we are moving forward with real news and real circumstances – one step at a time – one day at a time!

~ Mr. IQD

P.S.  Regarding the following article, it is our contention from what we can read from this translation, it appears that Maliki is consenting to the demands to leave both the Continue reading