I can hardly believe it is December 2014 already. The snow covered peaks are now very prevalent and obvious where I live. Tourist are now flocking in to begin the ski season once again. I have to put my long mountain hikes on hold for now and yearn for the spring thaw. It is going to be a long winter. Our little Gasthaus is operating and is now in full gear during the weekends. I also never in my wildest dreams thought we would be sitting here in 2014 without seeing the IQD going international. So let me tell you what I have heard recently.
Some are telling me I never reference real articles and just make stuff up in my news letter to suite some conspiracy goals. This is of course real nonsense since first of all I do often give you the articles and often reference them, so this first statement is not entirely true. Second I will say that the only conspiracy is the citizen who leaves their government unchecked and out of balance an in touch with the people. So if you feel there is a conspiracy of come kind going on….look in your own backyard! Third, I ask you this – How would you like to get the news? Would you like convoluted notes from some conversation I had with someone (with no conclusions), or how about some riddles or how about watered down crap that has no value and makes no conclusions or sense? Is this what you want from me?
I attempt to give it straight to you as I am receiving the news. Yes – I do have to edit it sometimes since some who tell me info do not have the mental capacity to put past and future events into order to make sense of them. Noting just happens by coincidence!
We all want conclusions don’t we? Raw info makes no sense. It has to have some conclusions to be meaningful. For instance if I was to just lay out the events to you such as they saying HCL is done. What sense does this make to you? Did you know that the council of ministers write the laws then they now have to go through the Federation Council (Provincial Council) and then finally go to Parliament for 2 readings and then the final voting process. So is HCL actually voted on and passed to be “done”. Well is it?
So going back to my statement it is not entirely the truth is it? It is not telling you much about the stage of the HCL law is it? Since you do not know where in the political process it stands you the statement is of little value to you. This is what many so called “intel gurus” do. They simply pass on to you what they hear without thinking it through and connecting the dots for you to get the real picture of what and why it is happening. If you want just articles then go read them. Research them and read them. You do not need me and my skill set.
Remember I was in the intelligence area for many years while serving in the US military so this has become a gift I bring to the dinarian community. This is why I decided to write my news letters. I was tired of all the misinformation and garbage. I am only trying to help everyone through this process.
Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 11/29 as this news letter is a continuation of this news.
Today is Tuesday 12/02 and I still believe Iraq is literally very much on the verge of bringing back their currency online to a global status.
However my USA contact now says it may be late December or early January before it is finalized on the public exchanges. What I mean by this is then opened to the general public were anyone can walk in to the bank and exchange or purchase dinar. Why so late? I am going to tell you. Please pay attention but this news letter is long. Have a cup of coffee, find your reading glasses and a nice cozy chair. Okay let’s go…!
USA Rollout Plan
If you have been following the news we know that the USA is in fact holding up the final rollout process for the revaluation. They have however begun some exchanges already.
Let me review these exchanges again with you and give you a recap and thus will back into where we are now and about to experience.
We know for a fact that senators and congressmen (families of friends there of) have exchanged back in Nov thru Dec 2013. Then the rate was supposed to go live for the rest of the contracted groups and then eventually the general public. The rate then was $3.71.
Instead once the high level officials exchanged they then when on to exchange only a few more very high rollers of the bank and then stopped it. Why?
Well the plan was to continue the exchanges however Maliki then went on his rampage at this time and the PTB decided then it was time to back off on support for Maliki. This was the beginning of the end for him. Initially, as you know, the USA supported him and I am convinced he worked closely with the CIA intelligence group to do their bidding in the past.
Essentially he was their patsy in the Iraq government. However he decided to go on his own and began ignoring most of the orders from the CIA (e.i, Kurkuk incident, Anbar, etc,,,). Instead he got heavily aligned with Iran and decided to make a power grab for Iraq. So they stopped the exchanges and decided to hold off the process to revalue until further notice. This of course made it very inconvenient and confusing for Iraq since they already began the process of the deletion of the zeros (drawing in the 3 zero notes, bank, distribution of lower denoms, coins, etc..). This literally tumbled their economy since the average citizen now had no hard paper currency to use on the streets for shopping. So Iraq struggled for almost a year in this manner. The USA kept telling them don’t worry we will complete the process. This went on for a year of constant deception and lies. RV happening every weekend. Do you remember?
So this brings us to this November of 2014. At this time the exchanges began once again. Why?
First the security of Iraq greatly improved with ISIS and Daash. Next Maliki was now mostly neutralized and a new stable government was put in place following the withdraw of USA support for Maliki in the April elections. We also are now witnessing the near completion of the full implementation of the Erbil agreement, something that should have been implemented within 30 days by Maliki after the 2010 elections and was not.
Also because they know the necessity for Iraq to revalue and complete the process of the project to delete the zeros is in a critical stage. It is inevitable that they will have to revalue and fully rollout their currency to the world. They desperately need this to continue in the plan to revitalize this country and complete stage one of their master plan for this entire region.
So for the USA to get the RV done they need to get all these contracted groups exchanged and out of the way. These are the only real exchanges they feel they can fully control besides the senators and congressmen completed last year. But this is just their feeling and I have to tell you it is a paranoid attitude and is being perpetrated wrongly upon the general public. How do you feel about all this delay?
Right now they are about complete with these group exchanges too and so they are about to move on to the next step of the rollout plan. What is this next step?
This next step is the general public. Their concern is however about terrorism… so they say. I can not debate this concern since I can see they should consider national security above everything else. Money could be laundered to terrorist or radical groups to overthrow the USA government or funding ISIS, Daash or other groups throughout the world in this process. The PTB are being very cautious and since there are so many private citizens in the USA now holding dinar this has caused quite a dilemma for them...so they say.
So how do they securely exchange over 5 million more citizens and do it safely? Well I say you better look in your backyard and worry about these other exchanges already completed too for these senators and congressmen if you are really concerned about national security. Since many of these characters are just not as clean you think they are, never mind about just the average Joe-the-plumber citizen. If I were them this would definitely be my major concern…....these senators and congressmen and not the average citizen.
So they are now setting up a process where they are considering the amount of your holdings. Basically the process varies on how much you are holding. Also the process varies in assigning a rate of exchange too on the amount of USD you will acquire after the exchange has taken place. Since they have these contract rates from China there is some flexibility in what they can offer you. You can of course decide to go purely on the market rate (international rate adjusted for demand). There will be also be cutoffs/limits on the amount you can exchange given the contract rate. They are telling me they are doing this to stabilize the amount of wealth in the hands of the general public after exchange. Really? I could hardly believe my ears when I heard this.
Do you like this approach? If this was purely for national security issue I would have no objections. However think about this process again? What are they really trying to accomplish here under the disguise of “national security”.
I have to ask you - Is this the fair market working? Should not everyone have a chance to become a millionaire or billionaire if they play the game right? Is this not what America dream is all about? If you didn't want us (the average citizen) to own dinar then you should have limited the amount coming into the country. No...Yes...? So now that you bundled that one factor you are going to now limit our exchange? And what about all the holdups? Did you not then give yet more average citizens time to purchase more? This was their decision not ours. Why do we have to now wait and have all these restrictions?
Is this not how the the very rich made their money in the past and are making more now? Have we lost that sense of free enterprise in what America was built upon? Is USA moving in the direction of an anarchical government where only the rich deserve to stay rich and have it follow from their lineage from generation to generation. Is this the thinking of responsible politicians that we placed in power to assist us and govern us?
Don’t we have any say in this process?
I will tell you this is how very wealthy people are made and stay wealthy. They have power so they suppress others to keep themselves in poor. Money is power. Keep money out of the hands of others and you protect your wealth and power base.
This is of course all backwards thinking. It is a know fact that if you truly want to impact any economy simply put money in the hands of the mass consumers, the middle class citizen. What better time than to get this money in the hands of them NOW just in time for Christmas shopping. Imagine the impact it would have on the USA and the worlds economy too at this time of the year. Warehouses would literally get depleted, services rendered and incoming fresh orders would get the factories booming once again.
So I ask again - Why is this opportunity to become wealthy being taken away from the average citizen in this investment? I am being told the answer is because the average citizen does not know what to do with the money and are new to having big money.
Is it more about this factor than it is about “national security”? What is really going on here in the contrived rollout plan? This is not how the system is supposed to work.
More importantly who is in control and is making the decision to conduct this business in this manner? I have to tell you the people making these decisions are so far removed from the reality of real life on the streets. They are so used to living in their protected little world of mansions and luxury that they do not know what is really happening in the world you and I live in everyday. Too bad they are basing their decisions mostly on their warped sense of reality of the few and not the many.
So where do we stand in this RV rollout process?
So where do we stand in this RV rollout process?
As far as I know they are now telling me they are about to move on to the general public. To do these exchanges they will complete the rollout process and open it up to everyone.
Iraq will make their needed announcements and it will show up on the exchanges. Iraq also plans to announce their bundle of new laws to the world in the hope this will encourage the investment community to come to Iraq.
For the rollout the PTB are planning to incorporate background checks on some of the citizens with higher amounts of currency for exchange. I do not know what the cut off is and it should not matter to you since you are all clean anyhow…..right? …..lol…..This kind of process I totally agree with since it is not self serving and politically motivated as I feel some parts of this process has been so far.
The bad news is I do not know the exact timing of when they plan to kick this into high gear. All are telling me so far they are in line with this week to begin the process so the money can begin flowing in the hands of the average citizens for Christmas shopping. We have heard this many times in the past years so I would not bank on it…..no pun intended…lol….
Ongoing Budget Saga Update
As you may have heard the Budget was not passed on Saturday 11/29. This was due the readjustments needed for changing oil prices. Abadi did however say that they would work in the next 10 days to get it done. Remember also that parliament was supposed to go on a 30 day recess beginning Dec 1st. So we know they must conclude this effort quickly. I believe they will have a budget in 10 days.
On Sunday 11/30 it was announced that about 350 projects have been finally approved it is hoped to be launched immediately after the announcement of the financial budget for 2014.
The deputy chairman of the Council Falah al-Qaisi for "tomorrow Press," that "hundreds of projects in the capital glands have been disabled because of a failure to approve the budget despite the ratification and completion of the operations and administrative," noting that "the projects that the Council Prepare for launch within the budget of 2014, the bypass 350 projects. "
He added that "the project is the construction of a number of schools in Karkh and Rusafa in Baghdad limits areas, as well as the construction of a number of hospitals and health centers specialized, as well as various power projects in collaboration with the Ministry of Electricity."
Qaisi said that "these projects will be launched immediately after the announcement of the budget year 2014, because of its need for capital, which in delayed reflected negatively on the citizen-Baghdadi."
It is noteworthy that the state budget for the current year has not yet recognize ago that sent the government for nearly eight months to former House were not included on the agenda, while procrastinated previous Presidency for inclusion due to the lack of them political blocs agreement, nor that harassment continues while people wait for things to material related thereto, as well as the stalled projects.
Pressure for Currency Revaluation Continues
There are many financial issues that may lead to yet more crisis in Iraq if something is not done soon to bring their currency to international status.
On Monday, said the ministry needed to 4 trillion Iraqi dinars, about 3.5 billion US dollars, to support the displaced, in 2015, as pointed out by Vice President, Osama Najafi, that the number of internally displaced people reached the million and a half one million displaced people.
Dozens of workers in the Municipality Directorate of Basra on Monday, before the Board of the governorate building to demand regardless of daily wages for the last three months.
One protester Mohammed Hassan told all of Iraq [where] that "we have not received our wages for more than 90 days, as well as the mechanisms and Alcabsat in Directorate drivers did not receive five months ago." He said another protester, said that "Tazahratna today is to give to the government warning," and threatened that "did not happen entitlements will take violent action", describing the "state of his family living Palmzria and that his children are hungry and they will be forced to their deeds unacceptable such as theft for a living."
Where is all this money going to come from?
Resuming the Project to Delete the Zeros
I could hardly believe my eyes when I saw an article come out late on Sunday 11/30. WOW!
I have been waiting to hear this news now for a long time. Iraq has decided to continue the project to delete the zeros. I had just mentioned this too in my last news letter, as I suggested they had to continue this project prior to any RV happening. This is why I am so excited. I am also excited because Dr Shabibi (remember him…the former head of the CBI) is back and he was exonerated from any crimes over the weekend. Funny now this article about picking up and continuing the project to deleted the zeros just happens when Dr. Shabibi is back. I did not say he is officially heading the CBI. He has officially retired but is still helping out with Iraq until this project is fully completed. They needed him back to do this RV. I fully believe and will stick to my guns on this one.
So the economic advisor to the Prime Minister the appearance of Mohammed Saleh, to be 2016 years is ideal for the completion of the project to delete the zeros, indicating that the stability of the security situation after the expulsion Daash guerrilla terrorist, will restore the recovery of the country's economy again.
Said Saleh's (IMN), said, "This project combines economic stability, security and stability, and the circumstances experienced by Iraq now is favorable for this project, because the process of deleting the zeros mean stability at all, and such a sensitive and important projects must combine them all efforts to achieve from the Iraqi Central Bank and the government and parliament. "
He continued that "the Iraqi currency stable, and unaffected by the military operations taking place in Iraq, the country's Annual Inflation is 2%, and this is at least in the history of Iraq, therefore, a strong, stable and low price of the Iraqi dinar, as well as the free import."
It is noteworthy that the project to delete the zeros was supposed to be carried out since 2013, but the security conditions and the economic situation was not stable and prevented it ( in other words the Maliki syndrome prevented it).
What I now know from sources in Baghdad is that they will have a hearing on the Maliki files before the month of December is over. They did not yet have a firm date on the hearing so could not pass it along to me. Parliament has once again asked Maliki to come and explain the Stryker incident and many other related files. He once again refuses. So, according to their law, if you refuse to attend these hearings and you are physically capable to attend and did refused to show you can be legally convicted of crimes ( with a fair trial). So either way his future is not good. His son finally has been cut off of any salary since his position in the government was never really a legal one anyhow. Since Since Maliki is no longer the prime minister why does he need a deputy?
Maliki continues to shoot off his mouth and attempt to make a mockery of the current newly elected government and all their efforts. Yes – he is still a slight hindrance but Abadi is slowly weeding out his supporters and those still entrenched in the government. It is almost concluded. Abadi has already asked his party to begin looking for a replacement for the 1st VP position.
The newest scam exposed, as you may have already read about, was the 50,000 “ghost” soldiers in the Iraq Army collecting a pay check. Who do you think was collecting this money? They say high ranking military leaders set up this scam and that Maliki was getting his kickback for allowing it to continue.
My guest is we will probably see a formal execution of Maliki sometime in the very early part of 2015. They simply will not let this man run free around the Middle East or interfere with Iraq politics any longer. They will use him to set an example of the future fate of president Assad of Syria.
Dropping Oil Prices
So what is really going on? Yes- we are now witnessing record low gas prices at the pumps. Oil is down to $65-70 a barrel. Why?
If you have been reading my news letters you know that the dollar is still king in he Middle East and will remain king at least for now if the USA has anything to say about it.
There are many efforts now from Russia and China to circumvent the dollar as the “Petro Dollar” and as the general currency media of exchange around the world in general. There is consorted effort to do so. We have read about deals with China to use gold and rubles to trade with Russia. Russia also still controls Syria and maintains that territory. USA wants to control it and the pipeline. Assad is Putin’s puppet.
Russia’s invasion into Ukraine is nothing more than a show of force to tell the USA that they must keep their distance from satellite countries of former USSR. If you remember the USA seated a new prime minister of Ukraine and help oust the former one. The USA also wanted to sell gas deals to Ukraine since Russia uses gas each winter as political leverage to manipulate Ukraine into submission. Meanwhile people suffer in the cold.
Sad too how the USA helped to finance the Russia economy when they imploded with hyper inflation in the past. Now they turn their backs on the ones who feed them. Typical Russian politics. Putin is proving that the old KGB members still dictate bad politics for Russia and in the Middle East. We are witnessing all this first hand.
Russia uses oil and gas revenue to fund most of its economy. So what do you think will happen to the Russian economy when oil prices drastically drop? The world’s richest entities are still in control of the world’s economies. These families are wealthy because of oil and control the refineries and ability to pump oil. It will take more than the Putin maneuvering to change this influence. The Russian people and other leaders will then begin to ask just what Putin is doing. The question is how long will they need to artificially drop these prices? I believe though they are just about at the bottom. How long will the Saudis and Kuwait go along with this plan?
The “Petro Dollar” is not yet dead ! Putin will not have his way !
So today I send you an update one again to report on Iraqi progress.
As I have said in my prior news letter, I still believe we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it.
Do I like their current rollout plan? It shoud be obvious I dispise it. It is not legal, not fair and is very predujous to the top wealthy members of society. In the future it all will come out at the end. You can't hide from the truth.
Could they pop this out prior to Christmas to the general public? Yes – I believe anything is possible but first I know they want to get all the registered groups exchanged first. They are about complete with that now so it could happen before Christmas.
In this news letters I am trying to help you understand that this country of Iraq now has some excellent leadership and is moving forward quickly. There are still some old skeletons in the closet that need to be dealt with. They are plucking the Maliki goons and thus their influence out of the mainstream channels everyday. It is a cleanup process that must be done if you truely want stability.
These sudden dropping of oil prices is nothing more that a political maneuver orchestrated by the USA to get Russia back on track. Kind of like a spanking on Putin's rear end….lol….
Then when can we expect the RV?
I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV.
Peace and Luv To Ya All,