Iraq an economic Study

Interesting email Revbo

It would appear that our wait may soon come to an end, I doubt it will happen prior to a world currency reset, including the dollar.

This is an interesting quote from a poster on a GLP thread, that I thought was appropriate and pertinent to us seeing a RV. "I think they are working on a new "Marshall Plan" so we might all be surprised at what happens.

"I think we may be looking at a global currency reset much sooner than we realize. That's why this information is hitting CNBC now. It's already in it's very late stages prior to launch. Now they are in their public education/propaganda stage so people are aware of what's happening. But, it's been in the works for a very long time."

It would seem that we have heard this kind of talk from other source around the net. Thoughts

link to quote and an interesting Thread.

Thread: Drudge Report: "New Currency Order" (VERY interesting article)

Saw that this morning. I thought it was strange that Drudge was posting stuff from last month, but Drudge tends to do that when something becomes relevant again, and it may just be that that is what's coming. We've seen references to the reset around here for a long time and it's just about as elusive as our thing, but there does seem to be more talk about it lately.

End of Iraq''s Chapter VII status soon - FM Zebari

BAGHDAD, May 30 (KUNA) -- Iraqi Foreign Minister Hoshayar Zebari said Thursday that Iraq is about to end its Chapter VII status after reaching agreements with Kuwait on resolving pending issues under Chapter VI of the UN Charter.

Zebari identified the longstanding issues with Kuwait as finding and returning Kuwaiti prisoners of war and missing people; returning seized Kuwaiti properties; returning Kuwait state body archives; repairing border markers; and compensations.

"Iraq has assured the State of Kuwait, through a series of long talks, that it has no interest in hiding POWs or dead bodies, nor in keeping the seized Kuwaiti properties and (state) archives" he said.

He went on to say that "Baghdad has returned to Kuwait all in its hands of Kuwaiti archives and properties".

The Iraqi minister stressed that Baghdad is also greatly cooperating with Kuwait in the search for missing citizens. He added that Iraq and Kuwait have agreed on assigning the UN Assistance Mission for Iraq (UNAMI) to follow up the search for and return of the missing citizens, properties and archives.

Zebari pledged to offer all help and support to any Kuwaiti team seeking to work on these files in Iraq. "The State of Kuwait has agreed to move these three files from Chapter VII to Chapter VI under the supervision of UNAMI, or any other UN body if UNAMI's mandate ends."

As for the borders markers' repair, the Iraqi top diplomat said that "the two countries have signed two memoranda of understanding in this regard; the first related to forming a joint committee to supervise border markers repairing process and the second related to financing a residential complex project in Umm Qasr for Iraqi families affected by the demarcation."

Moreover, Zebari said that the two neighbors have agreed, after difficult negotiations, to form a joint committee to administrate navigation in the channel of Khor Abdullah.

Also, "Iraq and Kuwait have agreed to drop resolution No. 833 of Chapter VII and to move it to Chapter VI," he said.

With regard to the compensations file, Zebari estimated the total value of Kuwaiti reparation at about USD 52 billion. "Iraq has paid USD 41 billion so far, and the remaining sum is only USD 11 billion. If Iraq decided to pay the remaining amount in one batch, it will immediately get out completely from Chapter VII,"But if it decides to pay the sum according to the currently applied annual deduction, the sum will be fully repaid by the end of 2015."

The Iraqi Foreign Minister described the agreements reached between the two neighboring Arab countries as a "great achievement" and a "huge step forward" towards normalizing relations and the opening of a new brighter chapter in bilateral ties. (end)



[link to www.kuna.net.kw]


Kaperoni:
These are really outstanding articles. IMO what this comes down to is the June 14th UN Sec Council meeting. They should give green light to get out based on these agreements. I would expect the meeting will still discuss the on-going violence/dealths in Iraq, but technically, that has nothing to do with the remaining resolutions. After that meeting, It will be up to Iraq to decide on the 11 billion dollars they owe Kuwait. If they decide to pay it in one sum, look for a UNSC meeting chaired by Vice President Biden to follow shortly. There is no value to keep them under this until December. So as soon as late June or July, Iraq may emerge from this. Considering the issues of violence, unemployment, etc. in Iraq, this may be a boost to accomplish sooner than later.

Sounds good ReV! thanks

This article just means they want to bring the rate back up to 1120... right?



Financial expert: new Central Bank action would support the dinar exchange rate conversion control financial condition in banks


31-05-2013


The financial expert said Mohsen Ali, Iraqi dinar exchange rate stability against the dollar after the new measures by the Central Bank, provided that they are accompanied by regulatory operations of banks and banking companies.

Ali (News Agency): the low exchange rate of the Iraqi dinar during the last period due to poor oversight by the Central Bank to banks and banking companies, in terms of financial transfers, as well as procedures for the sale of hard currency that the Bank missed so much.

And: the new plan which intends to implement will support Bank Iraqi dinar exchange rate and return it to the true price, but only if accompanied by similar controls to minimize currency smuggling and waste of funds.

The parliamentary Finance Committee that the Central Bank informed her that he would start next month with the application of the package of measures aimed at the exchange rate of the dollar against the Iraqi dinar to normal while preventing recurrence if Exchange rate volatility.

Iraqi dinar value has declined gradually over the past few weeks, bringing the price of the dollar to around 1129 DT was stable from 1120, the highest rate of exchange-rate mechanism for the last two years

Read more: [link to www.sotaliraq...s.php?id=102946]

Read more: [link to dinarvets.com]

right you are

Well, this post makes a lot of sense.

So, this trip to Kurdistan next week is supposed to be it, huh? Surprise us for once, Iraq.




Kurdish lawmaker confirms the completion of the negotiations between the province and Baghdad, Maliki's visit is expected to put the agreement into effect



Follow-up - and babysit - between the Kurdistan Alliance MP, Mohammad Qasim, said negotiations and dialogues between the Kurdistan Regional Government, the central government has ended, indicating that the region awaits the visit of Prime Minister Nuri al-Maliki to push the agreement between the center and the region to implementation.

Mohamed said "dialogue and negotiations between the Kurdistan region and Baghdad to resolve the sticking points between the two sides has ended, and we await the visit of Prime Minister Nouri al-Maliki, to the region, which if true would push factor strong implementation of the agreement and signed between the parties," noting "The agreement that has occurred between the provincial government and the center, which included seven points, six of which are related to the ethnic interests, and one point related to compensation for victims of the Anfal and the Baathist repression southern and central Iraq."

The delegation Kurdish negotiator, had visited Baghdad in April last year, under the chairmanship of the Kurdistan Regional Government Barzani and a number of senior officials in the province and the governor of Kirkuk, and held a series of meetings with each of the major federal government Nuri al-Maliki and the House of Representatives Osama Najafi and the number of heads of blocs and political leaders.

M. J

[link to translate.google.com]
--

Missed you!

It's getting harder to draw my attention lately.

Waiting for confirmation, but this looks pretty good. There seems to be some kind of new national reconciliation coalition forming, and initial research seems to indicate it's highly politically diverse.


The names of the "National Salvation" headed by Al-Maliki, on behalf of the two membership 30
05-06-2013 | (Voice of Iraq)- add a comment -
Twilight news
The Agency has a "Twilight", the leadership and membership of the "National Salvation", to be tsar to political bloc, featuring characters and representative Government.
The front is headed by Prime Minister Nouri al-Maliki, on behalf of Saleh Al-mutlak khudhair Al-khuzai.
To participate in upcoming parliamentary elections.
The FIS leadership will be as follows:
Secretariat:
Nouri al-Maliki, Secretary General of the front.
Saleh Al-mutlaq, first Deputy Secretary-General.
Khudair Al-khuzai, second Deputy Secretary-General.
Assistant Secretary:
Hussain Al-Shahristani Assistant Secretary-General.
Hadi al-Ameri, Assistant Secretary-General.
Hashem Al-Hashemi, Assistant Secretary-General (virtue party).
The Governor of Anbar Qassim Al-fahdawi of the Assistant Secretary-General.
Ghanem albisu, Assistant Secretary
Mishan Al-Juburi of the Assistant Secretary-General.
The MILF Leadership Council
1. Nuri al-Maliki.
2. Saleh Al-mutlaq.
3. Jamal karboli.
4. Hussain Al-Shahristani.
5. Al-khudhair.
6. Mohammed Qasim al-fahadawi. The Governor of Anbar.
7. Hadi al Amri.
8. Ghanim albisu. The President's Coalition meeting.
9. Hashim al-Hashimi.
10. Mishan al-Jabouri.
11. Kamil al-dulaimi.
12. Ahmed Abdullah Al-Juburi, Governor of Salahuddin.
13. martinka555.
14. Falah Hasan Zeidan.
15. Salem Al-Issawi. Chairman of the Iraqi Arabic coalition in Anbar.
16. Mohammad Tamim.
17. lay the State Agriculture Minister.
18. Mohammad Nasser Al-karboli.
19. Hasan shammari of the Minister of Justice.
20. MP Ahmed Abdullah Al-Juburi.
Saad ASEM al-Janabi 21.
22. Mustafa Al-HiTi.
23. the Deputy alsagri.
24. MP Omar Al-Juburi.
25. a. resort.
26. Adnan zorfi.
27. Haitham Harish.
28. MP Ahmad Abbasi
29. behind Abdulsamad.
30. Alexander and tut.
H l/m p


Read more: [link to dinarvets.com]

TBomb:
this MAY be the beginning of "power sharing", gosh I hope so. I have some individuals who are well educated on Iraqi politics looking at this. It may take a couple of days, but I'll get back to ya'll when I know something.


Butifldrm:
TBomb, this looks to be some sort of multi-party alliance. Hashimi is a member of the virtue party. It appears there are members from many party's in this alliance. When i get time I will bust them down and to see what parties are present here.

Where are the Kurds in this?

I didn't see any Kurds. But I think it's bullshit.

You'll like this one.


Tuesday, June 04, 2013 Notes: interviewing Eagle1 with the questions from the forum:

• Eagle1 replied the first basket with 25 currencies in his opinion is imminent for RV, we are moment by moment

• By the weekend of June 13- 15 Eagle1’s opinion is that the second basket of currency is expected to RV, and this basket contains the Canadian$ (CAN$); it will NOT lose value as originally thought, but should increase in value against the US$ approx. $0.20 -$0.30

• Eagle1 knows the countries in the first basket - see below

• Eagle1 only knows 2 countries in the second basket, but believes he will learn the other countries in second basket in the next 48 hours

• Frank mentioned the Canadian financial planner will be on the June 12 investment night call

• Eagle1 continued that since the CAN$ is not devaluing, it’s a good place to park US$ short-term, suggest looking into this strategy short-term

• The third basket contains the US$, the US$ will initially take a 50% hit by the last weekend of June/first of July; the US$ will devalue internationally

• Second and third baskets both contain 30 currencies (first basket is only 25)

• There are more baskets that that will follow, but all need to be done by October because legally, they only have 6 months to do this

• Eagle1 does not have info yet on 401K’s/IRA’s etc, but it’s clear that the US$ will take a hard shaking

• When all is complete, Eagle1 is not sure where the US$ will land, in his opinion it will recover a good chunk, but no information yet

• Our currency is being called in, and will be replaced by asset backed currency; when we turn in currency, it will be replaced at the devalued amount

• Eagle1 recommends to keep as much foreign currency as possible, stay out of the US$ as much as possible, and get debt free as much as possible, operate on a cash basis,

• The only exception Eagle1 is aware of are Treasury Bills, he has heard they are not going to devalue; in his opinion, the Treasury will stand behind them so they can continue to sell our debt

• Eagle1 advised us to prepare, there are going to be a lot of changes

• Frank’s observation that the second basket is mid-June and the third basket is estimated to RV at the end of June - first of July; the US$ is in the third basket, but we will not see the effect immediately, it will slowly, chronically creep up; the best way to see the effect is to study imports coming in the USA – they will cost much more, and as the import inventory creeps up, we will see the cost much more prevalently

• The US$ will teeter up and down violently in rate; do not confuse this with the physical change of the US$ -- there is a rate change, and there is also a physical swap of currency, the old notes will be gathered in and replaced with different, new notes; Eagle1 will discuss this more at a later date

• Eagle1 advised to keep track of transactions with the old dollar and the new dollar, there will be the greatest fluctuation in the first 2 weeks of July, STAY DEBT FREE and function on as little money as you can

• Eagle1 reminded us that when we do an exchange of the IQD, make sure to sow your seeds in the kingdom of God first, before buying/paying off anything with the exchanged IQD, offer to God first and He will multiply it back to you

• The CAN$ will gain about $0.20 - $0.30 against the US$; Frank does sell CAN$

• Frank asked: When the US$ changes to backed currency, will it be gold only? Eagle1 replied: No, it will be gold and intrinsic-value asset (oil, natural gas, minerals, other precious metals)

• Iraq will be 100% gold backed, but USA does not have that much gold to 100% back our currency

• US importers will be hurt, and US exporters will be helped by the US$ devaluation

• The banker said there will be no fee to exchange; the bank was Sovereign Bank

• Eagle1 reported that WF has said as long as customers deposit the foreign currency equivalent of US$250,000 or more, the deposit can be kept in the foreign currency (example: Deposit enough IQD or VND to equal US$250K, the bank deposit will remain in IQD or VND); the foreign currency can be easily exchanged to into US$; Bluestar commented how huge this is; very good news

• Eagle1 just posted the first basket of currencies on the forum (listing of 25 countries)

• Eagle1 talked to WF today, and people who have had their accounts “foolishly closed” by WF said that the situation will be resolved immediately and with an apology

• BOA manager admitted they tried to propagate the “IQD scam” myth among their employees so that they wouldn’t invest, so that with the RV happens the employees would not quit

• BEWARE of the scam coming out of Neveda offering outrageous amounts to cash out the IQD, you will never see them again! They take the dinar promising $3 - $11, and then when the people ask for their money, they are told the IQD was fake and was turned into the UST – of course they have kept the IQD for themselves; BEWARE of this scam

1st basket between the 1st and 15th, 2nd basket between the 16th and 30th and then the 3rd basket after the 30th so the 1st of July -15th.
...

Eagle1 Update

06/05/2013 - First Basket
Per tonight's conversation with Frank, here is the first basket of currencies: You will note that it includes the IQD and the VND.

BASKET OF CURRENCIES - #1

JOD = Jordanian dinar (has already increased in value)

SOS = Somali Shilling

SCR = Seychelles Rupee

STD = Sao Tomean Dodras

TND = Tunisian Dollar

SYP = Syrian Pound

TZS = Tanzanian Shilling

MYR = Malaysian Ringg

AED = United Arab Emirates Dirham

PEN = Peruvian Nuevo

PHP = Philippine Peso

QAR = Qatari Rial

NAD = Namibian Dollar

OMR = Omani Rial

MZN = Euro

CNY = Chinese Yuan

KZT = Kazakhstani Tenge

LBP = Lebanese Pound

VND = Vietnam Dong

IQD = Iraqi Dinar

COP = Colombia Peso

BOB = Bolivian Boliviano

VEF = Venezuelan Bolivar

I am a bit confused as to the first basket containing the "MZN = Euro". Is that the Euro Dollar it is referring to? MZN is the abreviated Mozambican Metical. Is this a typo?

I am inclined to believe that this is where we are heading and if the Euro is included in this first round of RV and DEVALUES, then we can see the USD following suit within a few weeks. Hasn't this been the forecast for over a year now by top economists? There might be a ring of truth to this, but like always . . . don't hold your breath too long.

Just got this in my email. I haven't been through the whole thing yet, but one thing jumped right out at me...

BlueEyesInLevis:
Shabibi always said....target date.....June 30.2013
You MUST click on this link to the World Bank Reform Project. Then start smiling.

[link to siteresources.worldbank.org]

Approval Date April 2009
Effective Date April 2009
Closing Date June 30, 2013

It is just to make sure the two banks are up to international and local standards for efficient service. Banking Reform.

Have anything else that looks good ReV?

Not really. I don't even know what's good news and what's bad news anymore. I feel like I understood this better before I spent a year and a half researching it, calin. This is getting really old, and I can finally see why so many gave up on trying to understand it and just stuffed their dinars in a shoebox when DarkZen's thread got deleted.

Well, don't get down on this. It is always fun to see the speculation. :)

just a haha, certainly no prediction but...

I had a dream this morning that I saw a link to a date and opening (float?) rate! lol

Haven't even Thought about dinars in Months... lol I got so excited that it woke me up before I got a look at the page!

silly little synchronicities... too much fun!

THANKS!!! COOL!

VIDEO: [link to www.youtube.com (secure)]
Four Horseman of the Banking Cartel. They rule the World. 2013 No more Gold in America.

Mar 24, 2013 - Rothchilds family are worth over 100 trillion dollars. This name Rothchild comes from Germany, The Rothchilds real family name is really Bauer. This Family changed the last name to match the name of a old Masonic German bank.
There are 13 Families that rule the world

Lot going on. baskets of this, baskets of that, not long to wait it see if its baskets of BS. lol. But don't get discouraged our day will arrive, if not now latter. Enjoy your poverty while it lasts, money often brings with it, its share of headaches. Like broke relatives. lol.

In relation to World Bank Iraq Trust Fund
Banking Sector Reform Project (TF094193/P113337), we all know that this is the last thing on the list for the 10year plan. This is a good sign I would imagine.

Good post from Eagle 1 was emailed to me. It's worth sharing because of how it provides the background info.

Good Afternoon:

You pose some interesting questions here. Let me begin by laying a little groundwork for you in your understanding of what is taking place.

First of all, it is important to understand that the IQD undergirds in a major way this whole Global Currency Reset. Although the GCR (the Basel III Protocols) was first put into motion in 2002 -- the so-called "Authors of the Plan" being mostly members of the Bush 43 Administration -- the Iraq War became a major boon because far-sighted visionaries in Bush's cabinet foresaw the opportunity to utilize the IQD (which was operating under UN sanctions at the time due to Saddam Hussein's adventures) as a crucial piece of the backbone for the GCR. The IQD had seen valuations in prior years which easily made it the most valuable currency in the world. The secret of the IQD's value was Iraq's gold, silver, diamonds, and -- to an increasingly petroleum hungry world -- Iraq's vast reserves of oil and natural gas.

The war in Iraq brought about discoveries of far more gold than anyone had imagined in veins that had never been tapped. Satellite reconnaissance additionally indicated the probability of far more oil than had been tapped. We don't need to rehash the appointment of Dr. Shabibi to take over the Central Bank, or his past labors as a renowned economist with both the UN and the IMF. We've all discussed more times than I can count the plan to bring the IQD back to world recognition and restoration of its value.

Let me get to the core of this argument. The simple reinstatement (RI) of the IQD all by itself (never mind revaluing it) with its gold-backing makes the currency become a credible reserve currency for many of the world's currencies -- notably the U.S. Dollar. The gold that backs the IQD causes the IQD to become a worthwhile "gold certificate" which in turn takes the place of actual gold on deposit at Fort Knox. With the US Treasury holding literally trillions of IQD in its vaults, and holding onto it, it makes the IQD (at nothing more than reinstated value) a significant asset for backing the new USD.

The GCR does not call for "revalued" currencies in the strictest sense of the word. It calls for "asset-backing" to the world's currencies -- hence a "reset" of its value. We generically refer to these baskets of currencies (as they are being restructured) as having been "revalued." In many cases, these various currencies will see significant revaluations. In some cases, they will simply be "restructured" with little change in their trading value worldwide. In still other cases, currencies will lose value simply because there is way too much of it printed and in circulation to properly support with available assets. The USD is a classic example of this. As is the case of a number of currencies, the USD will be "devalued." The upside to this devaluation is the fact that our dollar will now have real value to it.

The fact that it will have lost value in terms of actual numbers is offset by virtue of the fact that every single dollar in circulation will be supported by a combination of gold, silver, other precious metals, minerals, oil, natural gas, etc., means that we will no longer have "fiat money." The money will have some genuine worth to it and be recognized world-wide for what it used to be -- the most stable currency in the world.

The GCR purposes to do that with every currency so that values are based on something (or "things") that everyone agrees has some specified value.

Getting back to the question raised, "how can the IQD be in a basket when it has not even been reinstated?" the issue is not whether or not it has been reinstated. The question is, "how much value backs up the IQD" and "how do we set equitable worth for that currency." Those are the questions behind every single currency in each basket. It matters not whether the currency has been under program strictures or freely tradeable. What matters is where it comes out when the basket is released by the IMF. In the case of currencies like the IQD, the VND, the IDR, etc., there are huge increases to be realized for those who have invested while the currencies were operating under program strictures.

As to the timing of the release of each basket, there are protocols in place which each currency must fulfill. The fluctuations you may have seen with some of the currencies in this first basket, for example, can be attributed to normal fluctuations, or -- in the case of some, such as the Jordanian Dinar -- preparatory moves. Once again, I point out that with the restructuring that is taking place behind every currency, you may not necessarily see any major changes in that currency's valuation. What you will see, when all is said and done, is a currency that has genuine value -- a value that has been established on the basis of that particular nation's ability to back with real, tradeable assets.

I trust this gives you a clearer picture of what is happening. We are in the midst of a change from "fiat" (meaning "stated or declared value," irrespective of any actual intrinsic worth) currencies to monies that can be backed by something tangible, materially speaking, and not simply some country's promise to pay whether it has the ability to do so or not. That's a discussion I could take much farther, but this is a good place to stop.

Blessings on you.

Eagle1

Good one Alexander. Thanks for the post

So what is the feeling about this basket of currencies stuff? It is for real? And, should we be expecting a RI for IQD as stated above? Between the 1st and 15th

Calin, I would not hold my breath on that one. But probably they will do something this year. The can is getting pretty beat up.

So, does this mean Bread will be $7 a loaf? Will this make us pay more at the Pump?

10 years folks, 10 lonnnnngggg years is almost over, we waited this long..

Now RV this sucker to .10 per dinar already, gooooosh