Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

BGG:

[Can you explain what is going to happen to all the bills that we have now...because of the 10K new ones...and eventually the 25K ones? Will we need to exchange our old for the new before we can exchange for the dollars at RV time?]

I doubt it...ours are in so much better shape it won't be hard to verify them - is my current opinion.

»»»»»»»»»»»»»»»»»

I just finished the last 18 pages of news... it was breath-taking!!

the volume of progress was the main thing.

http://www.dinarchronicles.com/intel

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

BGG:

Article quote:
"...Presidencies Abadi, and al-Jubouri, a decision to expel Midhat al-Mahmoud of the head of the Iraqi judiciary..."

I don't see how any rational investor can be upset with where we are right now.

This is probably the biggest news in months.

Major implications here - all three presidencies agreed to remove the highest judge in Iraq...consequently, the most corrupt and one of Maliki's main tentacles of influence (in the judiciary)...Medhat being gone pretty much seals Maliki's fate - but on the positive side, it portrays Jubouri (a Sunni), Massoum (a Kurd), and Abadi (a Shia) all agreeing on what could be a contentious issue. They acted quickly and in solidarity...longterm - this looks not-so-good for Iran...great for Iraq.

I will be shocked if Maliki stays out fo jail for 2 more weeks. This is a MAJOR shake-up.

Article quote:
"Office of the Prime Minister Haider al-Abadi said the Cabinet approved the draft amendments to the proposed budget in preparation for submission to the House of Representatives on the evening of Saturday, pointing out that it will be after the Board shall have a second review..."

Cabinet approves amendments to the draft 2015 budget...Sounds like the 2014 and 2015 budgets are very close...

Quote:
"Parliament rapporteur: the arrival of the budget is imminent and there is no holiday quarterly"

Budget soon - NO HOLIDAY. Worky worky gang!!

to wrap things up quickly - these items and Abadi asking for support to arrest Maliki for treason...and - Saleh being appointed as Abadi's financial advisor saying "they are determined to apply the laws of economics..."

How in the world can anyone honestly say nothing is going on???

http://www.dinarchronicles.com/intel

BGG:

"Al-Shammari...stressed the need to instruct government departments and institutions that deal in Iraqi dinars, to help raise its value against the US dollar, which assigns the Iraqi national economy..."

Al-Shammari sounds like he is after both the Dinar to be "the currency" and it to raise in value.

[do think with all this going they may have go into 2015 for rv reform to get everything done and in order?]

I do not - it does not HAVE to go into 2015...in fact, slim chance of as much - or at least very far into 2015.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

BGG:

Anbar just declared bankrupcy - they don't have money (several other provinces have too)...

[so what does that mean...for us?]

if one believes they need an "emergency RV" it means good things for us...

Read More at:
http://www.dinarchronicles.com/intel

News, Intel, Rumors and Opinions - November 13, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

---

tman23:

In email I'm told people in Iraq (all over government) are receiving salaries today [Wednesday]...And in Turkey there are announcements confirmed that Qi Card has opened a distribution center for the card...this is also along with Jordan and Lebanon...Rumor, chatter or whatever it is to be labeled...It is being said that the Qi card is "expected" for use on the 16th...Sunday out of the country...And supposedly they have a Iraqi soccer game taking place at 20:00 hour Friday? 

And chatter of a victory for the trophy pays citizens 25 000 ...( that is the way it is in email 25 000 ) so you decide what it is LOL!  

This is the 2nd time I have heard the 16th date from 2 different people regarding ability to use the smart card out of the country.

»»»»»»»»»»»»»»»»»

I have a copy of the FOGL (HCL) 2011 draft law and the changes recommended by a committee in Norway...Most of this deals with clarifying language...and they are dealing with who owns the pipelines and in regards to pipeline fees and the maintenance...There is much to be agreed upon but in context they agreed to agree...The devil is in the details and that is what they are discussing...As stated on Monday...Done Deal!

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Millionday:

TODAY [WEDNESDAY] THEY DECIDED THAT THEY ARE GOING TO ADOPT THE OLD OIL AND GAS LAW AND WORK ON THE OTHER WHEN THEY CAN GET ALONG ENOUGH TO MOVE FORWARD WITH IT -- ALSO THE LAW OF THE EMPLOYEES SALARIES LAW/SCALE (OBVIOUSLY) AND THE NATIONAL OIL COMPANY FINALLY -- THE HUSTLE AND BUSTLE IS ON -- WE HAVE THE OIL AND GAS LAW -- THE OIL AND GAS REVENUE LAW -- THE NATIONAL COMPANY OIL LAW --THE CORPORATE LAW-- AND THE LAW TO AMEND THE REFINERIES INVESTMENT LAW -- WE LOVE ACTION -- AND LET ME SAY IF THEY ARE RUNNING OUT OF TIME TO MOVE FORWARD WITH THE OIL AND GAS LAW THEY HAVE WORKED SO HARD ON --- THEY ARE SEEMING TO BE IN A HURRY. 

[what do we have to see in writing to know the HCL is complete?]

THE HCL PRINTED IN THE GAZETTE WITH ALL OTHER LAWS AT THE SAME TIME.

»»»»»»»»»»»»»»»»»

Article quote:
"Parliament agreed to cancel the 2014 budget transfers and salary scale and job grades and salary increases social welfare allocations to the budget in 2015, "noting that "the 2014 budget will be presented in the form of the amounts that were paid this year bonds"

THAT IS NOT WHAT IT SEEMS...IT IS NOT TALKING ABOUT CANCELLING THE BUDGET. 

IT SAYS THE PROJECT AND IT MEANS THE PROJECTS THAT WOULD HAVE BEEN CALCULATED IN THIS BUDGET SO THEY WILL BE TRANSFERRED TO THE 2015 BUDGET DUE TO THE MANY UNFORESEEN EXPENSES -- THE TERRORIST FIGHTING AND SOME OTHER EXPENSES.

SO IT DOES NOT AND I REPEAT -- DOES NOT MEAN THE 2014 BUDGET IS CANCELLED. 

IT MEANS SOME OF THE PROJECTS WILL BE EXPENSED IN THE 2015 BUDGET THAT WERE PLANNED FOR THIS ONE. 

SO KNOW THAT THE BUDGET 2014 IS DONE AND BEING RESPECTED AND MANY THINGS WILL BE MOVED TO THE 2015 BUDGET.  

[do you think RV will be postponed to 2015 budget since Iraq has a lot of catching up to do?]

ACTUALLY I DO HAVE A REPORT...THAT MAKES IT VERY CLEAR AND USES THE WORD REVALUE AS TO WHAT THEY ARE DOING RIGHT NOW -- VERY EXCITING TIME TO SAY THE LEAST.

»»»»»»»»»»»»»»»»»

[Has the HCL Law been put in the Gazett yet?]

no at least it is not announced to have been but it happens right away when it is voted and with the oil deals it is possible just not in ink.

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Adam Montana:

[Now HCL is in Parliament waiting to be approved. I have read that there are other major laws (CBI Law, Money Laundering Law) waiting to be approved. Do you think these laws will take time as long as HCL to be approved...is there any other obstacles than HCL for RV to happen?]

To keep it simple - the HCL is THE biggest thing on the plate right now - they are reviewing it as we speak, and we could literally have an answer on it by the end of the day. (I'm not promising anything - but it's a real possibility at this time!)   

[SO lets assume the HCL passes...whether it is Nov, Dec, or even next summer...(personally I like the new GOI and believe they are working at a feverish pace to pass HCL)...once they do...how long before implementation? What will we see/look for?]

Once the HCL is passed, I expect things to move incredibly fast - at that point, I'm guessing we are in the days/weeks phase, rather than the "soon" phase.

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Kaperoni:

I know many are looking for the economic laws, but the last few days several articles have asked for then naming of the heads of the parliamentary committees. 

Until that is done, the laws we all want to see in parliament will not occur.

»»»»»»»»»»»»»»»»»

Article:  
"Barzani and Oil Minister Reach agreement "a comprehensive and fair" to resolve the outstanding problems between Baghdad and Erbil"

Well, it would be better if they said it was done and they signed some agreement..but a temporary deal to hold them over until they can get together and finalize it, and pass the oil and gas law as well is better than nothing. 

A small step, but a good step.

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

BGG:

as per Fox ticker = HCL...HCL is DONE!! 

it ran on the Fox ticker this afternoon...Baghdad and Erbil settle longstanding oil and budget disputes TODAY!!

News, Intel, Rumors and Opinions - November 11, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

---

Kaperoni:

Article:
"Al-Abbadi, confirmed the World Bank sought to shift towards the private sector and encourage investment"

Quote:
"The Al-Abadi said the Bank hoped to achieve what we yearn for in our Government to shift towards the private sector and to encourage the movement of investment, referring to the Bank's role during the last 10 years in support of joint projects with the Iraqi Government and the private sector."

This article is amazing...the World Bank basically said...we have helped you prepare, and now its time...dont be scared we are with you and now is the time to open the economy.  

Just amazing article!

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

TD:

Couple really interesting thoughts shared from my Kurdish friend (as always treat as rumor and do your own homework). My friend indicates that the new commitment of US personnel includes conditions set by the US.  

While it's quite detailed and only few know all the details he believes (was told) that the US is mandating that by next summer to see REAL progress of inclusion by the Abadi administration and brokering of deals with Sunni moderate groups in the end goal of unifying the country. This of course coupled by offensive efforts of the Iraqi army to regain much of now ISIS controlled territory. A major area of push in months ahead will be the Anbar province. If within 6-9 months there is no real progress, the US will then be pushing for a federation arrangement within Iraq which the Kurds would be delighted with anyway. In the end a POLITICAL SOLUTION is a MUST for Iraq...the existence of Iraq as a "COUNTRY" remains unclear and with it is all MAJOR economic and social programs to execute.

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Adam Montana:

Awesome stuff coming out of Iraq - it's getting hot in here!  

Article: 
"Iraqi PM’s Office: We Will Reach Agreement With Erbil Soon"

This is HUGE!  &  HCL has been read! 

Article: 
"Deputy for the National: oil and gas law has read it and we are waiting for the Commission sent"

I'm getting excited - we are seeing more progress in a shorter amount of time than EVER before.

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

BGG:

Article:
"The arrival of the draft oil and gas law amended to parliament for approval"

This is big news...BIG NEWS for them, not as big for us. IMHO the only thing we need to see is THE NEW RATE.