News! Budget Passing “Paragraph by Paragraph”

Happy Thursday Dinarians!

I called Deb at The IQD Team this morning in my way in to work.

The Budget is being Voted on and Passed – Paragraph by Paragraph – we know they are up to Article 26 out of 41 Total.

The Article 15 for the Kurds to get their 17% share of the oil revenue has been approved –

That was a MAJOR Sticking point that Maliki and his cronies had been fighting!!!

As I get more relevant news on this Budget passing – I’ll share it here as soon as possible!

REMINDER – The passing of the Budget is just another step forward for Iraq – yet while being VERY SIGNIFICANT – it is NOT the RV as the hack Gurus like Tony TNT and Okie will be trying to sell you!

TTYL,
~ Mr. IQD

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NEWS!!! The Budget will be APPROVED Tomorrow!

LETS FRIGGIN HOPE FOR THIS “MIRACLE”….

@TheIQDTeam: Parliamentary Finance: the budget will be approved tomorrow smoothly and quietly and we resolve all disputes th… http://t.co/RN0AkIxMAT/s/d6J8

~ Mr IQD

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HOT!!! CBI lends Iraq the IQD to Pass the Budget

HAPPY TUESDAY DINARIAN FRIENDS!

READ THE LAST PARAGRAPH —-

Central Bank announces funding the state budget six trillion dinars and five others to support the commercial banks

According to a statement of the bank and agency {Euphrates News} received a copy of it today, that “in line with the central bank tasks and responsibility in supporting the development and stimulate the Iraqi economy and in light of the financial challenges faced by the country and approved by the Board of the Central Bank, among other proposals made by the bank’s board, is the most important specialized support liquidity of commercial banks in the amount of five trillion dinars; to enable them to provide loans to industrial and agricultural and providing housing and real estate loans in support of economic activity and job creation. ”
“The Council also decided to finance the state budget with a loan amount of six trillion dinars run through 50% of the commercial banks’ reserves deposited with the Central Bank of Iraq.”
The statement said that “the Board decided to buy back treasury bonds from the secondary market, where the central bank will buy about five trillion dinars in the first phase of that bond, note that the above procedures for upholding the Central Bank’s reserves.”
Iraq has been going through a financial crisis due to lower global oil prices, which have negatively impacted on the state budget and a deficit in it. ”

— LAST PARAGRAPH —
With Congress likely to be next Thursday as the date to vote on the 2015 budget that after a round of discussions and actions to reduce the deficit .

LINK: http://translate.googleusercontent.com/translate_c?depth=2&nv=1&rurl=translate.google.com&sl=auto&tl=en&u=http://wwww.alforatnews.com/modules/news/article.php%3Fstoryid%3D75353&usg=ALkJrhhFkPTNNk0-o6YvgdxHVSHa_VuDMA

SO MY TAKE IS THAT THE CBI WILL LEND THE MONEY ONLY IF THE BUDGET IS PASSED THURSDAY!!!!

I FRIGGIN HOPE SO!!!
~ Mr. IQD

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RANT! Snoopy discusses the Swiss Franc event & Hack Guru Lies!

TGIF Dinarians,

Wow, it has been an EXCITING week – not only did we finally see Iraq’s Parliament finish reading for the 2nd time the Budget, with an announcement that they will vote and pass it next Tuesday, Jan 20th, but in addition to that we saw the Swiss Franc un-peg their currency from the Euro, which caused a lot of shock and excitement in Europe!

Well, today we have our friend Snoopy to talk a little more… Ok, RANT! a little more about how the event with the Swiss Franc just proves what we have been saying about those Hack Gurus…. ENJOY!

Rant!Mr. IQD:

This comment is regarding your response to the recent news about the Swiss Franc, the IMF not knowing about it before it happened and strangely why maybe the Hack gurus really don’t know what’s going on!

Your point you make is well taken and that has been my concern all along with these ones who are better known in Dinar land as “Hack Gurus” or as I like to call them “Dime-store Dinar Slingers”.  These same Dinar Slingers, who claim they have privileged inside information that the rest of us don’t is such an absolute farce.  Unfortunately, their making it public about their connections to the 3-letter agencies is incredibly hilarious and if it weren’t hurting so Continue reading

HOT NEWS!!! Abadi Seats Both Interior & Defense Ministers

Happy Saturday Dinarians!

Finally we have more to be happy about Iraq!!!!

The following Iraqi News was sent it no courtesy of the IQD Team Connection and its FRIGGIN’ AWESOME!!!!!!

Parliament gives confidence to Ghaban and Obeidi Kozyren interior and defense http://t.co/4yL7pkv4TO/s/amD6

ALSO KURDS GET WHAT THEY WANTED TODAY!!!

Six Kurdish members of the cabinet were also sworn in after the Kurdistan Regional Government (KRG) had held out for a larger share of ministries than the three offered when Prime Minister Haider al-Abadi unveiled his government on Sept.8.

MORE POSTS FOR KURDS

The Kurds, who originally had been offered the ministry of finance, a post of deputy prime minister and minister of culture, were also given the posts of a minister without portfolio, minister of women’s affairs and the ministry of displacement and migration.

“The new government will be inclusive and address core issues of reconciliation, establishing security and stability in the country… and resolving the outstanding KRG issues of oil and the disputed territories,” new Finance Minister Hoshiyar Zebari, a Kurd, told Reuters.

http://www.trust.org/item/20141018134313-9ct2i/

Have a GREAT Weekend!!!
~ Mr. IQD

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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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Should I buy Dinar or Dong?

Happy Tuesday Dinarians,

This question was sent to my Mailbag recently by a woman using the name of “Ginger”. Rather than pontificate now, read my response to her after her initial question.

— On Thu, 04 Sep 2014 13:22:05 – “Ginger” wrote —

Hi there,
I am unsure if it is appropriate to ask you a question about the dong, since your site is about the dinar. So no hard feelings if your response is simply, “Sorry- no dice. This is not a dong site.”

A dear friend of mine suggested that I buy either dinar or dong, and since I had very little money, he suggested that I buy the dong since it is less expensive. He went on and on about how he’s in a secret group that has secret information, etc. He continued to tell me that he’s had psychic readings about how this is really going to happen.

I’m pretty spiritual, and I believe in some of the Angel readings stuff, depending upon the source. Anyway, my intuition kicked in and it took me a few weeks to realize that the persons my friend is following for advice are complete douchebag criminals (TNT Tony and “DC”). Thank you so much for your website!!! But there is NO telling my friend this… Mr. IQD, I’ve never seen anything like this- the blind faith that my friend has in these criminals! It really is like a cult.

So, back to the reason I am writing to you: My friend was the only person I could rely on to explain to me why the dong was a meaningful investment- something about how China needs oil and has to use a different currency to purchase it (?). Now I’m starting to wonder if the information my friend imparted to me was based on lies from the dinar douchebags.

I kind of wish I had used my money on dinar instead of dong, now that it really looks like the RV may happen. I’m just wondering if you have some real insight as to whether it truly is a good thing that I have purchased the dong. Do you have information regarding whether the dong will revalue after the dinar?

I feel so confused, and there are so many lies out there.
I am grateful for whatever information or even web links you can direct me to so that I can try to understand the big picture sans douchebag-ery.
Much love,
“Ginger”

Here is the email response I had sent to Ginger:

Hi “Ginger”,
Thank God you woke up to the lies and I’m honored to try to assist you. 🙂

First, I hate to say this, but you will have to forget your friend, love them, but don’t listen to their advice about the Dong or Dinar – especially when you realized that their “source” is Tony TNT! So, be polite, love them, don’t fight with them, but you need to protect yourself and move on.

Now, you are right – I’m “Mr. IQD” and not “Mr. Dong” which incidentally would be a really good name for a porn website…. (I hope you got a good laugh and not was offended )

3.5+ years ago when I first got in to this adventure with the IQD, the Vietnam Dong was also presented to me, but after I added it up for the then “RV RATE” of $0.05 to 1 Dong – compared to what the IQD was/is supposed to “RV” at, I decided to only spend my money on the IQD, the return was actually better!

Next, I also looked at the economic and political environment of both Countries and I had to admit that it appears that the Iraqi Dinar has a much better reason to Revalue.

1st – it historically was higher – even when Saddam was in charge, it was still a high exchange rate, until Saddam was a bad boy and started attacking Kuwait, and causing all kinds of other grief as Dictator.

2nd – The UN and World Powers including the US crushed the IQD artificially – it dropped down to below today’s rate because of these economic sanctions and other pressures!

3rd – With the minerals and Oil which are some of the best in the world, Iraq is literally sitting on a Gold Mine – they can’t help but be wealthy if they can just get their Political system in order – which by the recent news, Iraq is just about finally past all the garbage that Maliki made them suffer through over the past 8 years.

Iraq Conclusion – 3 excellent reasons the IQD will revalue at some point in the future – when, nobody knows. Indications are that it will be “soon” (but in Iraq, “soon” is defined much differently as us Americans would like!) LOLL!!!

Now on to what I know about Vietnam’s chances of having a “reason” to Revalue….

1st – ??
2nd – ????
3rd – ?????!!!

Vietnam Conclusion – I don’t see any History (recent that is) of the Dong ever being worth much. I don’t see a vast wealth of Minerals and/or Oil like Iraq. Vietnam has had since the mid 70s since the war ended to get their Political and Economic System in order, and it is still a mess of corruption with heavy influence from China! That too is not all that encouraging.

I’ll let you decide on what to do next.

I would highly recommend that you listen to The IQD Team Connection’s Conference Calls – they do this every Tuesday and Thursday night at 8:00 pm (EST) and have replay info on their website if you can’t listen live. Here is the link to their website for all that info:

http://www.theiqdteamconnection.com/conference-calls-recordings.html
~ Mr. IQD

If you have a similar question or situation and feel the need to ask, go ahead and send me your question. If I like it enough, I’ll ask you for your permission to make it in to a post – protecting your real identity of course, like I did for “Ginger”. 🙂

~ Mr. IQD

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