Monday Round Table Chat With Fresh:
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[Fresh] Okay I'm going to kick off the Round Table Chat and run through some things I'd like to talk about and then I'll open the floor up for ya'll to bring in some more stuff! Millionday will be here for News Tonight at 6:30 EST! Let's Roll...
[Fresh] Central Bank decides to change the timing of the implementation of the restructuring of the Iraqi currency project and the deletion of zeros Alsumaria News / Baghdad Iraqi Central Bank, Sunday, timing adjustment starting project structuring the Iraqi currency and delete the zeros of them, stressing that it completed the bulk of the proceedings, among that a new currency in circulation must be the beginning of the calendar year where it is determined to start implementation, not through it. The bank said in a statement issued today, and received "Alsumaria News", a copy of which, "The CBI was briefed on the frequency of reports indicating postpone the implementation of the project restructure the Iraqi currency and deleting three zeros of them," stressing that "the requirements of coordination and cooperation between us and the the legislative and executive branches led to modify the timing of the start of implementation. "
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[Fresh] The bank said that "this project is of vital importance to our country, our economy and society," adding that he "completed the bulk of the action on the implementation of the project." And the bank on the need to "be the new currency in circulation at the completion print must be the beginning of the calendar year where it has been determined start and not during the implementation." The Parliamentary Finance Committee suggested, on August 9, 2012, on the San Attorney Haitham al-Jubouri be direct delete zeros and the currency exchange during the month of July of next year, and as shown, the central bank has removed all fears, it confirmed that the government will support this project after providing Baijayate and disadvantages.
[Fresh] So let's analyze this...
[Fresh] Notice how they stress - as we've seen a lot in the past - that the process needs to start at the start of the year / January...
[Fresh] but then a few sentences later you get this out of place... doesn't make sense... but we see this creep up a lot...
[Fresh] delete zeros and the currency exchange during the month of July of next year, and as shown, the central bank has removed all fears, it confirmed that the government will support this project after providing Baijayate and disadvantages.
[Fresh] so boom right there they say they have to do it at the beginning of the year and then in the next breath say "July 2013"... clearly they aren't telling us the real plan here...
[DT N AZ] There is so much conflicting information coming out that it is very difficult to believe what has been disiminated.
[Fresh] What do ya'll think? Smoke?
[clay] Fresh yes
[Mrs. Beans and Rice] Yes i do
[clay] dt n az agree
[cornsnake64] Fresh so deleting zeros is removing big denoms from circulation. our country did the same thing with 10k 5k notes ect.
[clay] cornsnake64 right
[Mrs. Beans and Rice] cornsnake64 -- YES
[Fresh] I tend to agree and my thoughts are that these articles - and the language we see repeated in them - have for the most part been recycled and pieced together over the last months and years... they sample bits and pieces from each one and we see this time and time again... so...
[cornsnake64] Fresh whats holding back them revaluing the dinar, they would get more for there money it would seem
[Fresh] My take is they are done telling the PUBLIC when this will really happen - which is good. We saw indications in articles earlier this year that they may look to start the process as soon as September 2012 - and then cited January 2013 as an outside window - almost a more logical contingency...
[Fresh] So we do the next logical thing and follow the other pieces of the puzzle that may come together at the same time as the RV... That's why everyone is following the National Conference.. Why we want to know what is happening with Erbil, HCL, Ministers, CH7, etc... these are steps IMO that they are delaying because it will trigger Iraq going International and they need to have all their ducks in a row IMO...
[Fresh] clay not knowing WHEN it will happen... to your point on January... it's less than 90 days out and they have established that it COULD be a very logical and critical point to initiate/complete this process... After this long and crazy ride for many years I'm not going to let about 85 days get me off the path we are on
[topgun3182] For so many reasons Jan would be JUST PLAN BAD, not the least of which is the following TWO .... 1. Taxes would be considerable MORE 2. Another holiday season (Thankgiving and Christmas) would be a struggle for so many of us ... I could go on BUT I won't..
[Fresh] topgun3182 sure absolutely - I can't argue with that or the many other points you can make... But as AZGhostHunter has explained in a recent thread he started.. this is not about US as investors... This is about Iraq and their people... the RV is actually a relatively small part of the puzzle when you factor in all the other things like smart cards, government distributions, etc that need to coincide without flaw in harmony...
[Fresh] okay so moving on...
[Fresh] Maliki up to Russia in response to an official invitation| Prime Minister Nuri al-Maliki during his arrival to Moscow Alsumaria News / Baghdad arrived Iraqi Prime Minister Nuri al-Maliki, to Moscow at the head of the delegation of political and economic official visit at the invitation of Russian President Vladimir Putin. said Prime Minister's Office said in a statement issued today, and received "Alsumaria News", "Prime Minister Nuri Maliki arrived at noon today, to Moscow at the beginning of an official visit include the Republics of the Russian Federation and the Czech Republic. " said Prime Minister's Office that the "Deputy Russian Foreign Minister Morgolov and the Iraqi ambassador in Moscow and members of the Iraqi embassy were greeted by the Prime Minister and his entourage at the airport Vnokov" . Maliki flew, day two, (8 October now), at the head of the delegation of political and economic to Moscow on an official visit at the invitation of Russian President Vladimir Putin, while stressing that the visit will witness the signing of agreements in the fields of armament and energy, he noted that Iraq meets with Russia need to find a peaceful solution to the crisis in Syria. was Iraqi government spokesman Ali al-Dabbagh announced in (4 October now), that Prime Minister Nuri al-Maliki will visit the Russian Federation in the eighth month of October now, at the invitation of President Vladimir Putin.
[Fresh] he chairman Minister Nuri al-Maliki, on the first of October, now, on the recent visit will to Russia, stressing that it comes within the political doors open, followed by Iraq with all countries of the world and aims to revive relations with Russia and developed in the fields of economy, trade and military.noteworthy that Iraq associated historic ties with Russia back to the forties of the last century, when established diplomatic relations between Iraq and the Soviet Union at the time, and Iraq became later the most important importers of military equipment Soviet, and they have evolved over the past years, especially in the field of investments in oil and electricity, winning Russian companies in licensing rounds for oil and gas investment in a number of Iraqi provinces
[Fresh] So just thinking out loud... Cool Maliki is trying to be a solid leader in the International Community... probably the biggest point I can make is... For all those that have continue to try and say for the last several months that Maliki is on his way out, etc... I've always maintained he's not going anywhere... meanwhile we have the crew setting up preparation for the National Conference, finalizing HCL and getting things lined up for Maliki to finally give the stamp of approval... again to my earlier point this is all very coordinated right now. I'm sure the key political figures from Iraq are WELL aware of when they have to get these things satisfied or risk huge consequences...
[dinarmamma] Fresh you think his antics were all part of the show?
[onthewings] Fresh The other day when you said that someone you knew, gave you some encouraging news about the forex and iraq ... was that about a rate ? or activitiy of iraq currency on the forex ? just wondering ... ?
[Fresh] dinarmamma absolutely... remember Maliki was never in danger of getting a "no confidence vote", etc - I pointed out in a conference call and chats around that discussion many months ago that he was installed and supported by the USA... nobody will touch him without our consent... and meanwhile Obama is taking HEAVY credit for winding down the war in Iraq and how we will see increased "savings" as a result... Obama cannot risk Maliki being plucked from power and a power struggle develop that puts the whole country at risk of losing years of progess
[letsroll] Fresh ... exactly Iraq had a plan to follow and they want to move on as a country,,,, been taken awhile ,almost there...
[dinarmamma] Fresh I remember you saying that glad to be here...with you...cause you know things lol
[Fresh] dinarmamma remember my saying...
[Fresh] ... I know everything.
[cornsnake64] Fresh the pattern ive noticed is there is much attention on all the events we watchem come and they dissappear. the question i have is where did they go. thing must have been done,checked off the list, and not announced to the outside world. it is confusing at best
[clay] Fresh thought that was me lol
[Fresh] cornsnake64 sure great point... let me comment
[Fresh] I'm going to take the premise that we are close and these key events were set to happen which based on a lot of our collective opinions here at PI could produce a currency that is International with a higher value against the dollar...
[Fresh] what if part of the final plan was rolling out these smart cards and seeing how they are handled by the citizens... and IF there were problems they may push back on these looming deadlines to buy more time to correct the situation... remember this process of the "RV" isn't just paying us investors money... they have to have all their ducks in a row and be able to shift liquidity and distributions from the central Government to their people...
[Fresh] if they drop the ball on something significant like that an panic their people it could create pure chaos IMO
[cornsnake64] Fresh test run??
[simbaspen*] clay.........announcement yes!! Give me Liberty or Give me RV
[Fresh] what do ya'll think?
[DT N AZ] Fresh I agree
[clay] Fresh yep have just 1 chance
[JMillerTexan] Fresh I'm sure there is quite a check list to make sure they are ready!
[Fresh] clay correct
[clay] Shabe Im sure has all ready
[dinarmamma] Fresh you said it...I agree and now have to go back to work uke:
[Fresh] Let me throw this out there.. I'm sure a lot would agree...
[onthewings] Fresh We have all read article after article of them telling their people that this is coming .. and what happen to all the training we read about .... telling the people what to do when this new currency comes out .... so I want to think that the people are ready for this and even looking forward to moving their country forward ...
[cornsnake64] onthewings i agree with you. we have to see all that is beeing done
[Fresh] At this point I personally start to think we may never really get the article(s) that give us dates for National Conference, HCL being finalized, etc with specific dates in advance... I tend to think we'll see another typical news day and then BOOM we wake up or see BIG news starting to filter out... you will also likely see official statements regarding "Iraq emerging from Chapter 7 Sanctions that have been in place since the early 1990's" ... I think at this point with all the delays they have no real need to broadcast the conclustion in advance...
[onthewings] This RV is not about us , it's about their country being strong and productive again...
[Fresh] onthewings correct
[Fresh] onthewings to your point the best thing I've seen in recent articles and pieces on Iraq is how financially strong they are and will be revealed to the World based on their vast wealth in Oil, Gold, etc... this means they have a pretty sweet finale of fireworks when they kick this off to the world - that makes me VERY encouraged!
[topgun3182] Fresh ... to your point about the "Back up" wealth of the country .... Oil, Gold, Minerals, Agriculture, etc. This also makes me think If and when they trigger the "RV" it's going to be VERY GOOD for US.
[Fresh] topgun3182 absolutely!