Highlights/Summary & Replay of CC
Thanks to Mark for the summary
Conference Call Replay - Feb. 26, 2012
or 760-569-7699 Pin 769478#
Mike summarizes tonights News:
No there was not an RV for those tuning in late we talked about the rumors in the community over the weekend and every day
There is no such thing as an "In country RV"...it doesn't happen that way...it won't happen that way....IT is not true...RV's happen instanteously..very quickly...happen so people can not take advantage and know that it is happening and go ahead and go out and buy the currency and create what we call in this business an arbitrage situation...which means it is a riskless transaction...which means you buy it and sell it in the same transaction and you make money on it ...that doesn't happen
The Banking system works very hard to not let that happen
Why? Because they make money on everything we cash in and everything we do
Theres a percentage that they get.....they will never let that happen because that's how they make their money
Pay no attention to the man behind the curtain and the wizard of Oz...not there..don't look for the dream...
Keep your head focused on the News and Facts...so that you can understand when someone gives you a rate 12.00 etc
you can say NO that is a lie...it doesn't work....
This will come out without FANFARE and without causing commotion and if you think this kind of rate of $12 or $13 would not cause commotion across the world...It would stun the economies across the world... you are poorly mistaken about the international economy...that just doesn't happen ..
The rate will be in a range anywhere from over a dollar and up to 20% over what Kuwait is at (around 4.00)......that's the high end from a common sense that will not shock the economy...the guess is it is going to be pretty close to Kuwait because that is there neighbor they are not going to go ahead and shock them from that standpoint...they can build on that slowly after the fact and as the years progress.....Know that in your hearts so when you hear rumors it just doesn't happen that way
Reminder to go to our site and download the Document
"Future of Iraq" Project - it will give you the balance you need to feel safe with your investment and how close we really are to the end
But we have to use common sense with this investment and please know in your hearts these kind of rumors are simply not true.
If you hear rumors and you are not sure go to www.cbi.iq and check the rate, we will also send an emergency Mailer, Tweet it, and our lines will be open immediately to celebrate and help you with all the details.
Thank you all for being on the call tonight we are just going to give you a dose of reality and common sense and little bit of STRAIGHT TALK
Heres what is happening in the NEWS WORLD....
CBI - rehashing articles - They are out there talking about getting the bank new notes out there in Sept.
This should be no shock to anyone who comes to our calls regularly because a week ago we read the same article that actually talked to the Finance Committee who said this is what's going to happen....
they have a time schedule now for the CBI....they can do that release those notes from anywhere from now til Sept.
that's what they want to do...they want to start releasing these notes..
they have to be very careful because when they release these notes they have to have some value to them especially if they put coins out so there has to be a steady process...he's giving himself a time window to do this in
He can it any point in time that he wants to from that period..he can wait all the way til Sept. or at any point from now
Shabibi needs to see what's going on in his economy and he will do it so there is not a shock and the pressures of inflation are gone from that standpoint
Don't freak out about these things and these articles...
We have already gone over these articles over and over..they will continue to rehash the old articles educating the people..they want people to know there is new currency coming out ...and you will see alot of these articles
They will hit everyday...anything you see with the words "introducing in Sept" it is NOT a new article....its an OLD article and they are just talking to the people and the street vendors as we would do in our newspapers if it happened here..we would go out and find people and say hey the new money is coming out...what do you think? Then articles are going to flow and you will get opinions of people and what they think...
We have had many articles out there educating the people and they are starting to catch the eyes of the people out there
and it is training process.....
CBI is on track doing what they are doing...and ready to go
Government is going thru and checking things off the things they need to get done
We talked about Kuwait tonight and their willingness to get things done with Kuwait and get out of chapter 7
There seems to be a genuine feeling that this is kinda over between both sides
All the articles that have come out came out are great
They are waiting for Maliki to come into town
My guess is they are going to sign some papers...have some fanfare....have some hugs and kisses..take alot of pictures...and they are going to say Kuwait gives you your blessing - we'll let you out of chapter 7...go do what you need to do with the UN to make this official...etc
that will be great for them...part of what needs to happen as they become international people
This needs to happen probably before the end of the month for the Arab summit...within the next couple of weeks this is probably going to be the Crown Jewel to get everybody there for the Arab conf
to let them know we are already helping our people
We talked about the National Conference....talked about they are agreeing on things.....the hold up ...the bargaining chip is the Hashemi and the Ministers...those are the two bargaining chips Maliki has the ministers - thats his bargaining chip
The Iraqi List has Hashemis as theirs and they are holding on strong..they are agreeing to everything else but those issues
Eventually those issues will be agreed to because they need to have this conference and they will figure it out We talked about the two posititions Interior and Security need to be put in place are probably the two most powerful positions in Iraq as they control the army and control alot of the security in Iraq...
We talked about people are already marching.....tired of the bombs blowing up...they want to feel secure....now that they just learned they are going to be getting some money....they want the bombs to stop and want their people to take care of them from a security standpoint...they are over it...you would be too if you went thru 8 yrs of war and all they have been thru
It's a Big issue for them....Maliki has the pressure of people on him now and eventually that will have to be settled very quickly
because you do not want your people having risings to get people up there to end up thinking that want to replace you from that standpoint...Remember they are politicians and they do want to keep their job and eventually they will get rid of all of that
Last but not least we talked about the Infrastructure
20 billion dinars for cameras to figure out what is going on with terrorism in their country...they started putting these up a little bit years ago..didn't finish the project...they want to get it done...they want to have high tech and they are going to be very high tech
And the Biggest thing that should make you all say YEAH! We talked about in Kirkurk having 24 hr electricity by this summer....
Absolutely tremendous for the people of Iraq...they are finally benefiting from alot of what is going on over there
this is something they can see in their everyday life...they can turn their electricity on anytime they want from that standpoint Very Soon
There you have it.....The Straight Talk Express from Mike
The I.Q.D. Team, Ltd.'s News Articles Coverage
for Sunday, February 26, 2012
New banknotes to be introduced in September
Iraq to revalue dinar and introduce new notes in September 2012
Zebari confirms the government's willingness to address all outstanding issues with Kuwait
Iraqi al-Mutlaq, demanding lifting of his case from the agenda of the national meeting in order to make it
Iraq: agree to resort to the Constitution and the Conventions of Arbil
20 billion dinars for the purchase of surveillance cameras in Baghdad
Kirkuk: equipping the population with electricity will reach 24 hours in summer FAVORITE OF THE NIGHT
What a great night of news, analysis, discussion and Q & A
Listen to the call for all the rest of the news analysis and discussion after each news article.....we are getting closer every day.....
GET R DONE
Conference Call Replay - Feb. 26, 2012
760-569-7699 Pin 769478#
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