The IQD Team
Investigate, Question & Deliver
Thursday, August 2, 2012
Highlights/Summary & Replay of Conference Call
THEME: ADD VALUE TO THE CURRENCY
Conference Call Replay - August 2, 2012
Download/Playback
or
760-569-7699 Pin 769478#
The IQD Team plus LJ's Next Step Team
Two Teams, One Vision Working Together arriving at the same place for the Dinar Community
Highlights from some of the News Articles Discussion and Analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are the highlights after the articles were read)
Central Bank: no circulation of the coin is currently illegal
Translation... Our currency doesn't has any value right now so it makes no sense to have coins but I am guessing he came out in the news because remember whats going on....One of the things we were looking for is for them to shut down the currency dealers and yes low and behold last time we were together we read an article that said they shut down the currency dealers....all 190 of them - they pulled the plug on them.......
My guess is they found out they were probably trading in just about everything including some of the old coins - we know they had coins minted but they pulled those off because it makes no sense to put out coins when you have no value to your currency..
I think this article is great for two reasons...one they talk about the coins and the coins coming out and they tell you specifically these coins can't be in because they have inflation and the translation for his inflation is they have no value in our money
so it costs more to mint those coins than the actual value of those coins because they are worth more in mineral value than they are in actual currency value...Very very cool and I think that really tells us alot about this particular process - if they choose to have coins they have to have some sort of value to those coins and more than the minted value of those coins at a bare minimum it has to be more than the cost of the coins...
if you look at where we are here and the costs to mint our coins and the reason we stopped minting coins here in the US - silver coins in the 60's got to be too expensive.....we started filling them with something different...even now it costs us more than a penny to mint a penny but we are hooked on coins here in US and we have them....they would like to get rid of the dollars because it costs more to print them as well...one of those things that when you look at coinage and specifically in Iraq they can not have coins or lower denominations out when they don't have any value to their currency and I think Saleh said pretty much point blank in this article when he talk specifically about those coins.....great article...weird timing ..guessing they must have found some coins out there when they were cleaning up these street vendors and someone must have been trading in them and they wanted to make sure they got this information out to the people....GREAT ARTICLE
CBI agrees to add the code Turkmen in the new currency
Something sounds contradictory in this article.....we said the process is going to take two-three years.....THEY ARE GOING TO USE THE NEW CURRENCY IN THE 2013 BUDGET AFTER DELETING THE THREE ZEROES OF THE CURRENT CURRENCY ......
(deleting the zeros....means deleting them from circulation for all the newbies out there)
So they want to pull the larger bills off and then they want to have some sort of adding value to the currency - that could be a revaluation of the currency - I like the way they sneak these in.....now they are getting into trouble..the Finance Committee is sitting around and talking with the Central Bank now because the Central Bank needs these financial laws passed and we are starting to see these laws being passed.....they are very blabby on this committee...they either like the Central Bank sometimes or they don't...They are being involved and we are hearing they are going to put these Kurdish things on and Kurdish language on the currency....they want to satisfy the Kurds and they want to have symbols, etc....they are debating what they want to have on the currency but I think most of this has already been decided...I think these are just meetings they are having to just keep them happy so they can feel like a part of the process...I think all of this was pre-determined and they are already on the currency because the Kurds were very much a part of what they wanted on there from the beginning....and the Central Bank Kurdistan region would have already known what their choices were for all of that...very cool to say the least
This budget coming up is going to be something they really need to have things done by....Tell tale article that something has to happen before they delete the zeroes and what that could be would tell me in my opinion is they are giving education of adding value to it.....it just makes sense they have to add value to the currency at some point in time to have the currency, the smaller denoms and with these coins
two articles very tell tale...pretty cool articles that gave us some great insight and clues to what is going on.
We look for the Steps and we feel the Central Bank is really moving along at what they are trying to do
They are getting the Finance Committee involved and moving forward..remember this is an economy based on oil so the oil has to flow for them to stabilize their economy....then they have to develop the private sector....they have to grow the infrastructure and all of those things kinda happen almost simultaneously ..some before the others...thats the process of building of this economy as it goes forward and once all of those engines are pumping and moving thats what keeps the value that they are going to add to their currency at the level that they need it and eventually they can raise it down the road as their production and GDP grows - so very very cool stuff.
"Suhail looking with a delegation from the Central Bank and Financial Supervision ways to stabilize the Iraqi dinar"
Another article that says add value to the currency
Great discussion with Mike and Arthur about this article....listen to the recording
The central bank went to the national adoption of international support divided
WHY? We have everybody and their brothers coming into Iraq to help them facilitate
They are talking about the banking systems...they are talking about the banking system coming on line globally to access all the global payment systems....those are all credit cards and all things that you can use all things that businesses will use...they are talking about large contracts coming in you don't do this if your currency is not going to have any value to it at some point in time in the future
theres no need for it...why would I bank over the phone if I have 5000.00...I would hoard it I would keep it and not use it with all of this technology...We have talking about because it is in the banking system already...they talk about USAID is going to tie them into the rest of the world - does the word international mean anything to anybody?
Intl banking - there are standards being set - now whats been going on the over the last month is they are talking about the Central Bank...We've been talking about International Banking - getting their systems ready - getting their banking system ready...
we have been talking about all of the things they need to do to go international
Dr Shabibi has been dealing with everybody in Europe..he has been talking about international - we see them starting to give debit and smart cards to the people...these all will tie into the systems - these are all things that they need and are all things that get into the system so they can have what they need to travel inside and outside the country - this is a tremendous step to be backed by USAID to come in because they are going to make sure that the World Bank in conjunction with this is going to guarantee people their money and funnel money into the banking system in Iraq once deleting of the zeroes or adding value happens because you cannot get people to invest in a country that doesn't have a return on their money You cannot just pay these people in US American dollars because they can't come over...you have to realize when they bring these people over it is going to cost them a tremendous amount of money to give them all of these dinars that are worth nothing because they have to buy things inside their economy when they are there...so at some point in time these people are going to not want to deal in dollars they are going to want to deal in the dinars... the dinar is going to be an international currency because they have an international banking system so they will do exchanges so that when they come into the country they can convert and they they can use it but there has to be value there...those contracts cannot continue to be in dollars for the specific reasons we stated earlier....As I talked about earlier, think about Haiti and the comparison..
The way this is being set up being internationally guaranteed by everybody you just get the sense that point blank they are not going to keep paper currency thats worth nothing and invest this kind of money into a banking system with electronic banking....it just doesn't make sense for them to keep that currency depressed at that particular point in time...they have to add some sort of value to it
This lets us know that they have to add value to the currency - We don't know when this going to take place..but all of the indications it gives us is they are going to keep the value at its current value ...it makes no sense.....It just doesn't make sense for them to say these things over and over again and then there will be no value
You might not like the timing and you may have to wait for them to get things done...but go and look at the Future of Iraq Project
and look at the last chapter where they tell you that they need to develop their banking system and then they need to add value to their currency.....we are seeing the development of the banking system before our eyes.. step by step..the last point is for them to add value to their currency - to get done with this and all of the articles that we have picked are all saying the same thing...
Arthur...If you ever wanted to see any article that tells us they have to add value to their currency this is it...international world currency about to happen thats really coming out and saying our currency will have to have value in order for that to happen..that is is as concrete of an article - statement of a pending RV that there is that anybody can say
Iraq themselves and real events happening within their banking system that point blank lets us know that they have to have value to their currency and that currency is pending soon because they are actually making these moves right now...timing we dont know...but we know what has to happen for any of this to make sense
Mike talks about the labor laws and the laws that need to be passed.....the 2013 budget.....investment laws being passed...trademarked guillotine process...and so much more (listen to the recording)
Government....Discussed during the Q & A portion of the call......
As we say here at The IQD Team and along with LJ's Next Step Team....We look for the Next Steps...there are a few more steps to go but the steps we have seen are absolutely to the T and almost out of the last chapter of the Future of Iraq Project as they are moving forward developing this system...GREAT STUFF RP
And there you have it...
Straight Talkin' Mike & LJ'S Next Step Team On The Straight Talk Express Bringing You Another Night of Positive News!
News Coverage for Thursday - August 2, 2012
CBI / ECONOMY
The central bank went to the national adoption of international support divided
Suhail looking with a delegation from the Central Bank and Financial Supervision ways to stabilize the Iraqi dinar
CBI agrees to add the code Turkmen in the new currency
Central Bank: no circulation of the coin is currently illegal
==========================================================
GOVERNMENT
Discussed during the Q & A
NEWS ARTICLE LINKS
What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A
We are getting closer every day......GET R DONE!!
Conference Call Replay - August 2, 2012
Download/Playback
or
760-569-7699 Pin 769478#
As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A
Every Tues, Thurs & Sun 8PM EST
760-569-7676 769478# or 712222#
Investigate, Question & Deliver
Thursday, August 2, 2012
Highlights/Summary & Replay of Conference Call
THEME: ADD VALUE TO THE CURRENCY
Conference Call Replay - August 2, 2012
Download/Playback
or
760-569-7699 Pin 769478#
The IQD Team plus LJ's Next Step Team
Two Teams, One Vision Working Together arriving at the same place for the Dinar Community
Highlights from some of the News Articles Discussion and Analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are the highlights after the articles were read)
Central Bank: no circulation of the coin is currently illegal
Translation... Our currency doesn't has any value right now so it makes no sense to have coins but I am guessing he came out in the news because remember whats going on....One of the things we were looking for is for them to shut down the currency dealers and yes low and behold last time we were together we read an article that said they shut down the currency dealers....all 190 of them - they pulled the plug on them.......
My guess is they found out they were probably trading in just about everything including some of the old coins - we know they had coins minted but they pulled those off because it makes no sense to put out coins when you have no value to your currency..
I think this article is great for two reasons...one they talk about the coins and the coins coming out and they tell you specifically these coins can't be in because they have inflation and the translation for his inflation is they have no value in our money
so it costs more to mint those coins than the actual value of those coins because they are worth more in mineral value than they are in actual currency value...Very very cool and I think that really tells us alot about this particular process - if they choose to have coins they have to have some sort of value to those coins and more than the minted value of those coins at a bare minimum it has to be more than the cost of the coins...
if you look at where we are here and the costs to mint our coins and the reason we stopped minting coins here in the US - silver coins in the 60's got to be too expensive.....we started filling them with something different...even now it costs us more than a penny to mint a penny but we are hooked on coins here in US and we have them....they would like to get rid of the dollars because it costs more to print them as well...one of those things that when you look at coinage and specifically in Iraq they can not have coins or lower denominations out when they don't have any value to their currency and I think Saleh said pretty much point blank in this article when he talk specifically about those coins.....great article...weird timing ..guessing they must have found some coins out there when they were cleaning up these street vendors and someone must have been trading in them and they wanted to make sure they got this information out to the people....GREAT ARTICLE
CBI agrees to add the code Turkmen in the new currency
Something sounds contradictory in this article.....we said the process is going to take two-three years.....THEY ARE GOING TO USE THE NEW CURRENCY IN THE 2013 BUDGET AFTER DELETING THE THREE ZEROES OF THE CURRENT CURRENCY ......
(deleting the zeros....means deleting them from circulation for all the newbies out there)
So they want to pull the larger bills off and then they want to have some sort of adding value to the currency - that could be a revaluation of the currency - I like the way they sneak these in.....now they are getting into trouble..the Finance Committee is sitting around and talking with the Central Bank now because the Central Bank needs these financial laws passed and we are starting to see these laws being passed.....they are very blabby on this committee...they either like the Central Bank sometimes or they don't...They are being involved and we are hearing they are going to put these Kurdish things on and Kurdish language on the currency....they want to satisfy the Kurds and they want to have symbols, etc....they are debating what they want to have on the currency but I think most of this has already been decided...I think these are just meetings they are having to just keep them happy so they can feel like a part of the process...I think all of this was pre-determined and they are already on the currency because the Kurds were very much a part of what they wanted on there from the beginning....and the Central Bank Kurdistan region would have already known what their choices were for all of that...very cool to say the least
This budget coming up is going to be something they really need to have things done by....Tell tale article that something has to happen before they delete the zeroes and what that could be would tell me in my opinion is they are giving education of adding value to it.....it just makes sense they have to add value to the currency at some point in time to have the currency, the smaller denoms and with these coins
two articles very tell tale...pretty cool articles that gave us some great insight and clues to what is going on.
We look for the Steps and we feel the Central Bank is really moving along at what they are trying to do
They are getting the Finance Committee involved and moving forward..remember this is an economy based on oil so the oil has to flow for them to stabilize their economy....then they have to develop the private sector....they have to grow the infrastructure and all of those things kinda happen almost simultaneously ..some before the others...thats the process of building of this economy as it goes forward and once all of those engines are pumping and moving thats what keeps the value that they are going to add to their currency at the level that they need it and eventually they can raise it down the road as their production and GDP grows - so very very cool stuff.
"Suhail looking with a delegation from the Central Bank and Financial Supervision ways to stabilize the Iraqi dinar"
Another article that says add value to the currency
Great discussion with Mike and Arthur about this article....listen to the recording
The central bank went to the national adoption of international support divided
WHY? We have everybody and their brothers coming into Iraq to help them facilitate
They are talking about the banking systems...they are talking about the banking system coming on line globally to access all the global payment systems....those are all credit cards and all things that you can use all things that businesses will use...they are talking about large contracts coming in you don't do this if your currency is not going to have any value to it at some point in time in the future
theres no need for it...why would I bank over the phone if I have 5000.00...I would hoard it I would keep it and not use it with all of this technology...We have talking about because it is in the banking system already...they talk about USAID is going to tie them into the rest of the world - does the word international mean anything to anybody?
Intl banking - there are standards being set - now whats been going on the over the last month is they are talking about the Central Bank...We've been talking about International Banking - getting their systems ready - getting their banking system ready...
we have been talking about all of the things they need to do to go international
Dr Shabibi has been dealing with everybody in Europe..he has been talking about international - we see them starting to give debit and smart cards to the people...these all will tie into the systems - these are all things that they need and are all things that get into the system so they can have what they need to travel inside and outside the country - this is a tremendous step to be backed by USAID to come in because they are going to make sure that the World Bank in conjunction with this is going to guarantee people their money and funnel money into the banking system in Iraq once deleting of the zeroes or adding value happens because you cannot get people to invest in a country that doesn't have a return on their money You cannot just pay these people in US American dollars because they can't come over...you have to realize when they bring these people over it is going to cost them a tremendous amount of money to give them all of these dinars that are worth nothing because they have to buy things inside their economy when they are there...so at some point in time these people are going to not want to deal in dollars they are going to want to deal in the dinars... the dinar is going to be an international currency because they have an international banking system so they will do exchanges so that when they come into the country they can convert and they they can use it but there has to be value there...those contracts cannot continue to be in dollars for the specific reasons we stated earlier....As I talked about earlier, think about Haiti and the comparison..
The way this is being set up being internationally guaranteed by everybody you just get the sense that point blank they are not going to keep paper currency thats worth nothing and invest this kind of money into a banking system with electronic banking....it just doesn't make sense for them to keep that currency depressed at that particular point in time...they have to add some sort of value to it
This lets us know that they have to add value to the currency - We don't know when this going to take place..but all of the indications it gives us is they are going to keep the value at its current value ...it makes no sense.....It just doesn't make sense for them to say these things over and over again and then there will be no value
You might not like the timing and you may have to wait for them to get things done...but go and look at the Future of Iraq Project
and look at the last chapter where they tell you that they need to develop their banking system and then they need to add value to their currency.....we are seeing the development of the banking system before our eyes.. step by step..the last point is for them to add value to their currency - to get done with this and all of the articles that we have picked are all saying the same thing...
Arthur...If you ever wanted to see any article that tells us they have to add value to their currency this is it...international world currency about to happen thats really coming out and saying our currency will have to have value in order for that to happen..that is is as concrete of an article - statement of a pending RV that there is that anybody can say
Iraq themselves and real events happening within their banking system that point blank lets us know that they have to have value to their currency and that currency is pending soon because they are actually making these moves right now...timing we dont know...but we know what has to happen for any of this to make sense
Mike talks about the labor laws and the laws that need to be passed.....the 2013 budget.....investment laws being passed...trademarked guillotine process...and so much more (listen to the recording)
Government....Discussed during the Q & A portion of the call......
As we say here at The IQD Team and along with LJ's Next Step Team....We look for the Next Steps...there are a few more steps to go but the steps we have seen are absolutely to the T and almost out of the last chapter of the Future of Iraq Project as they are moving forward developing this system...GREAT STUFF RP
And there you have it...
Straight Talkin' Mike & LJ'S Next Step Team On The Straight Talk Express Bringing You Another Night of Positive News!
News Coverage for Thursday - August 2, 2012
CBI / ECONOMY
The central bank went to the national adoption of international support divided
Suhail looking with a delegation from the Central Bank and Financial Supervision ways to stabilize the Iraqi dinar
CBI agrees to add the code Turkmen in the new currency
Central Bank: no circulation of the coin is currently illegal
==========================================================
GOVERNMENT
Discussed during the Q & A
NEWS ARTICLE LINKS
What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A
We are getting closer every day......GET R DONE!!
Conference Call Replay - August 2, 2012
Download/Playback
or
760-569-7699 Pin 769478#
As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A
Every Tues, Thurs & Sun 8PM EST
760-569-7676 769478# or 712222#