The IQD Team: Conference Call Transcripts Iraq Dinar & RV News

The IQD TeamHighlights Summary Replay Conf Call June 28Special Guest LJ's NEXT STEP~~Latest Iraq Dinar RV News

6/29/2012

The IQD Team
Investigate, Question & Deliver
Thursday, June 28, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 28, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Very Special Call Tonight...
The IQD Team Joint Round Table Discussion with LJ's NEXT STEP Team....

LJ's Next Step Team
LJ, Don, Barney, Tracey, Tim, Arthur
We joined together again tonight for a Joint Round Table Call ..Two Teams, One Vision Working Together arriving at the same place for the Dinar Community

Highlights from some of the Best 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 is just a few highlights and a Recap below from each team)

Highlights

LJ's NEXT STEP:
Good news day but kinda of a quiet news day..what we didn't hear was more significant than what we did
What I thought we would have heard which was more rheurotic from yesterday but they cooled down today and I thought that was really good
Been kinda weird today...the news since early this morning...midday Baghdad time... I realized everybody had steppped away from the rheurotic..they have been calling for them to step away from the problems they have been having with each other and for some reason everyone just stopped talking...Allawi, Barzani did not say anything..only people in their parties were talking...just the members of Iraqi List, etc
The only one who said anything today since they went into this silent mode of any importance was Sadr and what he said was significant
Parliament did meet and supposedly they have postponed til July 10...found that to be pretty relevant to what I think is going on
Of course it requires a little bit of looking into the past to figure out what is going on in the future....
As a result of a fight that took place between the Sadrists movement and Member of the State Law I believe they got into a major argument about the detainees that were supposed to vote on releasing some of these prisoners that were wrongly arrested...and that did not take place and I believe this verbal altercation that took place inside Parliament was indicative to the powers that be.....only 197 people showed up for the Parliamentary Session today...I think it was truly indicative as to Nujafi saying you know what we are just not going to get anything done until we figure out what is going on with our government....we are just going to postpone until July 10 and thats 12 more days??
The problem I have with that is they have had 45 days off....they have had 2 sessions..Sat and today they get into an argument today and postpone til the 10th??
Something is happening in Iraq that none of us can see and it is truly exciting because the rherotic has stopped
Parliament has been postponed so now what do you do...do you call for an early session to question Maliki...do you wait until the 10th?? I am telling you guys It feels really really good and eerie that they told us in the news they were going to surprise us and now I just received 2 articles that will rock this whole call I will share at the end of the call with something I thought was going to happen and share with you at the end......dealing with Talabani who we haven't seen or heard from..only 2 articles today..one rehashing that he was sick ...basically a plagurism of another article used by another source...You will be excited as I am when you hear what is happening with Talabani....dealing with the National Meeting

Straight Talkin Mike
"CBI confirms the stability of the dinar exchange in the month of Ramadan"
Favorite article of the night for the CBI.....Love this article......for him to come out and say the exchange rate is going to remain stable....This article should make you feel good about what your are involved with because it is going to have value ...thats what this article tells us...sometime in the future this is going to happen

LJ's NEXT STEP
"Sadr supports broadcasting national meeting live through media outlets"
Here is one of the strongest statement made by the Erbil 5 by the only one talking Sadr...and the only thing he said is we are going
to televise and broadcast the National Meeting ..........What National Meeting???
Haven't they been calling for early elections and getting rid of Maliki?
Sadr is really the originator of the Erbil 5 that started the initiative to withdraw confidence..the one that got this whole Anti-Maliki withdraw confidence bandwagon rolling...he's the one that never wanted to have any dialog - he wanted Erbil..he was adament about it and to go from that to Sunday where we saw this big shift that we see continuing now that suddenly after not saying much...comes out saying oh by the way we are going to have a Televised National Meeting ........thats what they had been calling for some kind of National Meeting all along....but they wouldn't have it
Suddenly for some reason that they are not telling us yet they have decided to now have a televised National Meeting
Tells us using common sense that something has happened to soften the face of the Erbil 5 and it is very exciting to see what that is and what that is going to be

LJ'S NEXT STEP
BREAKING NEWS FROM LJ'S NEXT STEP TEAM....two great articles that just came out June 29.....about Talabini

"Talabani's call for a quick return to the country"
NEXT MONTH...1st of July which is Sunday.....we need to take care of this NEXT month at the latest...which means we are trying to take care of it THIS month.....
Talabani get your butt back home.........
Very very powerful article....its the first 1st time that anybody is calling for him....the ball is in Talabani court now
Thats why we have been on Talabani watch the whole time - everybody is waiting on him...
So We have Sadr calling for a televised national meeting and we have a call for Talabani to get back now because we want to handle it before the next month...no later than the next month...which means like Mike was talking about with the CBI article and Ramadan......We should look for something extremely exciting hopefully before Ramadan....
There saying get back....you have been there for 10 days...I don't even know if he is there any more..he was there but don't think he is there any longer....and they said they were going to surprise us in a news article

"Talabani has prepared his son and has appointed him to succeed Father Talabani in his party's political bureau and Barham Saleh
is highly upset?!!"
This bodes well for something happening relatively soon as it relates to the surprise that I think they are trying to offer to us....we can't say for sure that is it is going to be concrete but like what Straight Talkin Mike said was going on with the CBI and the economics and that Storm brewing over there - you guys can see the storm brewing over here and they are going to converge and meet and I believe it is going to be something we have all been waiting for
Of course we don't know - we still have to watch the news and see what they tell us.
Tomorrow is their holy day - I expect a slow news day....last Friday was a very voilatile news day but if they come out swinging calling for early elections tomorrow which I doubt
If we don't see any of that tomorrow I am telling you it is the Quiet Before the Storm

They told us about a political surprise for us in articles we have read and that is the exciting part...it tells us there is something we don't know....and I think it is going to surpise us in a really big good way

RECAP
STRAIGHT TALKIN MIKE
CBI

Great night of News....Absolutely a historic evening....

CBI moving forward with their plan..they've been running this drum beat to really get the banking system in line...
Today we read a couple of articles about an agreement that Shabibi signed with Azerbaijan...These are strategic agreements - these are sovereign agreements - these are agreements that are opening the country up for trade and setting them up on the International Stage

We also read a couple of articles that talked specifically about the Finance Committee which is the Political wing that helps the CBI craft their monetary policy which will pass the laws - jump on board like we have never seen them jump on board before - Yesterday they called for them to raise the rate of the dinar almost immediately - they wanted something done ...feeling like they had great power...today they said they backed the Economic Plan - they are behind them and they are going to pass the necessary things that they need

We talked about this banking system being in place and everything that is going on and I got to tell you the banking system is coming on line.... We can see now that the banking system is going to truly be benefitting by all of these agreements that are out there and that we have seen lately...CBI even came out and said don't worry about Ramadan...the exchange rate will remain steady..

If there was one issue that the CBI has outstanding it is their auctions and truly I think the only thing that will really help them deal
with the auctions is going to be an RV - that will stop the onslaught - because I think you've got Maliki from the political end trying to work against them as a last ditch effort.....the Finance Commitee coming on is putting that nail in his coffin and as you can see he has the political situation to worry about more than the Central Bank
He has his eye on that ball and he is juggling it so the CBI is moving ahead
These are very very good things that we need to see happen
This will set them up to be an international country with an international monetary policy...Trust me these things that are going on...signing contracts, etc Why would they do this if they have a worthless currency......
We do not know the date.....nor the rate ...thats not what we do here...what we look for is the articles and how these articles are moving - what we are looking for...steps ahead ..piece by piece....little by little....as we move forward...all great news on the CBI side

RECAP
LJ
GOVERNMENT

What we had today go on in the government news was Hakim basically clearing the air on the fact that early elections will not take place and that we need to get ourselves out of the crisis because we can't try this every time we run into a snag
This is a democratic process and we need to abide by the Constitution & let the Constitution handle it the way that it is - everyone has to step aside and put their political interests to the side...let the Constitution do what it is supposed to do which is to correct the path of a dictorial government should it go that way...He can't just call for an early election because he is not a dictator and he doesn't have that kinda of control
So We're sorry Maliki but even though I am on your side and we met the last few days...you calling for early elections is just really a dead issue and its hot air and I just had to put it out there for the people

Then you had Sadr come out - he's really the only one who said anything today..."TELEVISE THE NATIONAL MEETING"
WHAT NATIONAL MEETING??? The National Meeting they are going to surprise us with
We don't know the date...we don't even get into the rate
We are just telling you that nobody calls for a National Meeting if there is not going to be a National Meeting
He doesn't say in the coming days....soon....he says we want to televise it so all can see what takes place when we go thru and do this thing...this is the actual sit down where all the agreements are going to be agreed to from 2010 and move forward...these are the reforms everybody is talking about...any time you see the word reform you should just put Erbil Agreement there because thats what it means

Article came out on June 22 talking about the health of Talabani that put us on Talabani watch...and we find out he is in good health..that he is not actually at deaths door. We don't know the necessary truth to that but we don't believe that with the lack of coverage that has taken place especially with the importance on Talabani's head right now being able to call this National Meeting to get resolve the world community is watching and waiting to see what is happening...The United Nations sent him well wishes for his successful surgery...
so everybody is crossing their fingers and toes and wishing he would get back soon as he can and I think we are possibly going to see that
They now call for and make a cry for Talabani to get back as soon as possible because they want to take care of it "next month at the latest" which means they want it get it done before next month..because next month would be the latest that they would want to deal with this....so we have a couple of days left in the month and I believe that they are going to surprise us...I really do

We have Talabani bypassing Saleh as the heir apparent to his position if something were to happen to him and now giving it to his son who has resigned in April from US - Is now back I believe in the Kurdistan region because he was there for the new session in Kurdistan - as you have seen in the last couple of days in the news they have been holding Parliamentary sessions there and that they brought him in and probably made some type of address to him - Talabani has made an address to the Kurdistan Parliament that this was going to take place and its made Saleh mad because Barzani was really hoping to get Saleh - He knew he was going to go ahead and do 140 and HCL where Talabani was holding the show up...so if Talabani was incapacitated Saleh was going to go ahead and do whatever he had to do because he could call the National Meeting...that was what the article said

Next Steps...We believe that the next surpise is the National Meeting

Steps are we get the National Meeting whereby Allawi gets his NSC position whereby he will be able to name the Security Minister
They have already named the Interior Minister - for the longest time they never named the Interior Minister - they finally named Asadi the other day as the guy they want to put up
Another clue as to what is going on is that the Iraqi List the whole time in the last two years when they put up this guy Asadi they rejected him time and time and time again
Well they put together a Committee between the Iraqi List and the National Alliance working together to put up the 2 names
We believe that Dulaimi was put up for Defense and Asadi was put up by the Committee for interior....This has never happened before...EVER
So we have the Interior so that would give us the Strategic Council position and also it will get Dulaimi in as Defense which would complete the GOI once you seat those ministers
The 3 most powerful positions are Security, Defense and Interior
When US came in to set up the Erbil Agreement in 2010 it was actually set it up so Maliki could not step over the process and just name the ministers..it had to come from the Strategic Council position....The Strategic Council position is the main reason why we are where we are today
Maliki did not want to give it to Allawi and Allawi was not going to meet unless he got it
Once Allawi gets it he will name the ministers -- the Government will be complete and then the ball will be in the hands of Shabibi

So we are in a very very optimistic place...We should all be cautiously optimistic...noone should be on a high and you definetely should not be on a low....Where you should be is STEADY and understanding that something outside of the ordinary is brewing
We think we have our finger on the pulse of what's happening and we should all be just a little bit excited
Not anything major - to allow it to settle in and understand that we are so so very close to something happening and that is why we do these calls - to give people peace and undertanding by what the articles are saying and for the most part we have been very successful

And there you have it...
Straight Talkin' Mike & LJ's NEXT STEP On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Thursday - June 28, 2012

ECONOMY

Shaways calls to activate the work of the Joint Committee between Iraq and Azerbaijan

Central Bank: The countdown to the implementation of the project to delete the zeros did not begin now to

Committee discussed the economy the central bank plan for 2012

CBI confirms the stability of the dinar exchange in the month of Ramadan

==========================================================

GOVERNMENT

Hakim: early elections are not a "solution" to the crisis, but an escape from the solution through dialogue and concessions opposite

Sadr supports broadcasting national meeting live through media outlets

Office of the FIRST LADY, wife of President Jalal Talabani denied his state of health instability

BREAKING NEWS FROM LJ'S NEXT STEP TEAM

Talabani's call for a quick return to the country

Talabani has prepared his son and has appointed him to succeed Father Talabani in his party's political bureau and Barham Saleh is highly upset?!!

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 - June 28, 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#

The IQD TeamHighlights Summary Replay Conf Call June 26Latest Iraq Dinar RV News~~The CBI Rocks

6/27/2012

The IQD Team
Investigate, Question & Deliver
Tuesday, June 26, 2012
Highlights/Summary & Replay of Conference Call
Theme: The CBI Rocks

Conference Call Replay - June 26, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

A great day of news from CBI
Coming out and educating the citizens of Iraq again today
CBI educating the people...about getting the banking system on line especially the last 3 or 4 weeks....they are really moving forward getting their banking system in line...they're expecting alot of investment in the country to come in....expecting the bank to handle alot of investment and expecting their people to put money in the bank...all 3 of those things are very important and with the amount of invesment coming thru - millions upon billions of dollars running thru those banks to rebuild Iraq as they move forward - with the people when they do RV their money they end up putting lots into their banks if they have the ability to believe in them and believe in the currency then they will do that - and what we are seeing from the CBI and as we have talked about education of the people in the past - they are educating the public - trying to get them used to what is going on ...and in between the political barbs and things that are done...moving forward at a steady pace...they may take 10 foots forward..maybe the policitcal side will throw something out there
take 1/2 step or step back...they brush themselves and move forward again...thats what we expect...lots of pressure to get this economy up and going...and also theres also alot of pressure to get the political side to get things figured out...moving that direction on both sides

"A source at the central bank reveals "for the Iraqi gate" criteria for acceptance or rejection of banknotes"
Huge article...educating the people...one of the things they are educating them on is telling people what they need to know
about the currency and how we replace the currency
Remember we talked about the bills being tattered - they pulled them off the streets telling them we can't accept this currency
if it is...Just giving them direction....same way here if you have 1/2 dollar bill they won't give you credit for it here if its torn..burned..
these are the rules and regs and procedures they are setting force for taking back this money
If I am about to have you bring it to the bank or come into the bank - you will come in - you will buy currency - put new currency onto the street...I want them to know what rules are and we are starting the education process again...these are the means and rules for taking back the currency....people who buried and burned it....it gives them the rules
Love that article...lays out the structure to the people so they understand as they are exchanging their dollars or getting dollars

"Central Bank: the amounts allocated to the loans are not commensurate with the preparation of the staff planned giving them loans"
How do I get a loan for my house?
Why are they putting this information out..why are they putting out these things? Why if their currency is pretty much worthless at this point in time...Sounds to me like they are preparing people to understand that when they have money that they will be able to do these type of things with their money...this is what we are in the business of doing....Educating people about the banking system.
Thats the Final stretch..they are getting people interested in getting their money into their banks...telling them what they can do and how we are going to do it... when you have money that we can loan it to you, etc
We have talked about articles talking to the investment sector...now we see articles coming out talking to the private sector
Sounds like they are trying to build a banking system....looks like it....very straight forward
All very positive developments ...You don't have things like this in place if you are not going to have some sort of value to your currency....think about it...why why because something is going to happen here....

"Parliament and Finance committee support REVALUE of Iraqi Dinar"
Love this....its about time to have the Finance Committee on board
Its almost like somebody told these peoples if we revalue this currency we are going to have alot of money
and then they said okay yeah right right....then they rephrased it...when we revalue this currency YOU are going to have alot of money...Oh I get it......almost like the lite bulb is going off....
We have talked about the CBI has been ready to go for a long time
They are ready...they know what they want to do.....they have a plan....they are moving fowrard with that plan
The things we know that they have been telling everybody is the currrencies are going to co-exist period of 2 yrs...they will have the same value...thats what we know about the plan so far.....and a revalutation of some sort to take place with all of this....
To hear these guys talking this way....Sounds like CBI is in control of this process..sounds like they are in control of the money and getting things quiet on the street with everything they have got going.....GREAT ARTICLE...CBI is just Rocking and Rolling

Tariffs Were the topic of the day and the emails....
Received so many emails and calls today people upset about the Postponement of the Tariff Law
They have postponed the tariff as far as we can tell....which if you have come to our call you would know that there is always a possibility of that happening...not that it could probably happen..and would happen....But kinda suprisingly enough the CBI came out 2 days ago saying they were in favor of the tariffs....everything was ready to go and they were moving ..and just wondering if this isn't a last ditch effort from Maliki to try to really mess with the CBI
Not that it is important thing...You do NOT need the tariffs in order to have an RV - the tariffs not happening did NOT stop the RV
Everybody needs to understand that there is not one thing that is going to stop this...start it...its a process..its a series of events that go on..there are not things that are going to do it - actually the tariffs NOT happening happened to help this plan thats in place move along according to the plan - and not have to be changed because of undue regulations or things that were happening - apparently they had a plan that the tariffs were going to go there
Maybe that was an interim step..now maybe they can go ahead with the full RV and do what they want to do because they are moving at breakneck speed to get things done
Calm done....if you have come to our call you know we have said this before....There is not one single thing that is going to make this RV happen....take a deep breath...it happens....these are the small things that come up....Its Not a critical event in this whole process.....it actually helps the process a little bit more because it does not put it under pressure and they are not trying to make mistakes or do things and now they can do the plan the right way and move forward - Who knows maybe tomorrow or next couple of days they will change their mind and they will do things
The tariffs in their mind are to protect the customer and to gain access to the WTO...those are the the 2 things that can happen either at the beginning or the end - doesn't matter where they come in
its a good thing...its going to add inflation....they don't need any more inflation - they just started adjusting their inflation numbers again to get away from what the CBI was putting out - they took out oil and gas from the figures and lowered the numbers a little bit - obviously you are going to expect those type of things...don't worry - don't panic...we are moving along...This is NOT event driven as we have always said.....tariffs do not have to be in place to have an RV

"Cabinet approves bill to postpone the application of tariff law"
History of the tariffs - great article to read
Its important and its very important to join the WTO
But I gotta tell you its only going to be a period of time before they actually have them on - Don't get disappointed - it has nothing to do with the RV - Its moving along as it is supposed to...Nobody knows what the process is....we are watching the process unfold in front of us
Its probably almost a little bit better for Shabibi not to have that pressure right now...
He's got his plan in action - and as he has been moving and his banking system getting ready to go he's getting ready to roll out onto the street his ability to do what he needs to do to keep control of the currency and the rates in country.........There is a plan here and they are working it...keep the faith

Listen to the recording for all of the great discussion and analysis after the other news articles read tonight

RECAP
CBI is ready - moving full speed ahead
They've got the backing of the Finance Commitee - they are excited about the actual words we saw REVALUE of the Currency
They reiterated the same things that we know...that is going to be running congruent 2 years - same value and that they are goining to keep the value the same and the purchasing power the same
They are pulling these plans out...they are getting people excited about the banks - talking again about Islamic Banking which is so key - They are getting people ready to put money into the banks
and I have to tell you - you are not going to do that with something that has no value
CBI is taking charge of the exchange rates - taking charge of the project to delete the zeroes like they own it and moving forward...there work has been done and we have documented that - well done almost 6-8 months to a year ago - they have been ready to go - with the policital situation and things that had transpired -closing down your country for 5 days - all that has big effects on your economy and they had to keep that going well while they were juggling all of those other things - It is a just a matter of time

Happy and excited to see they are getting everything going...the private banking sector is going getting the banking off...we have seen numerous articles abut the technology that they are using - everything that is available for them to have the banking sector & the private banking sector....it definetely is moving ........They have a plan and they are moving towards the Revaluation of their currency
and they are Not trying to hide it as much anymore...they've got the Finance Committee on board and that is who they need - they just need some regulations passed for them as they are moving and doing what they need to do - they have a plan and they are working it

Tariffs - at this point have been postponed by Maliki - this does not affect the RV in any way shape or form...its not event driven - it basically gives the CBI more time - as a matter of fact I think they might have done some reverse physcology the other day when they put out an article saying they were ready for it but I do believe they are ready for just about anything that gets thrown at them
at this particular point in time so I don't think they are going to come out and say they are not ready for anything...
Once they get the banking system in place...once they get this exchange system in place where you have to go to the bank to get your money and exchange and they can figure it all out basically they will have control of that economy and exchange rate and noone will be able to shake it...I think it actually helps the RV to a certain degree because the plan that they have its better if they can enact it without having to do anything funky along the way and have to go back and correct it in the end....Don't be suprised if two days later they do enact something and it doesn't RV because it is NOT event driven...

There are alot of things going on..The CBI is working with Europe to get investments in from there.....bring wealth in and out and transfer between the two - help maybe with the Euro so there is alot going on
Alot happening underneath the scenes...

Shabibi gave a speech today and he is very well respected and knows exactly what he is doing as he is moving forward

Sadr coming up talking about he will will throw his votes towards any vote of No-Confidence....Maliki knows his days are numbered - the best thing that he can do is negotiate what he needs to do
....get this National Meeting Going - appoint the ministers - lets get the Strategic Council set and lets move it along
Just a matter of waiting for Talabani to return to the country to see what happens next..I assume he will Back any day now..if not already....don't be surprised if the political situation gets
as quickly as it started ends just as quick.... ...there are lots of negotiations going on behind the scenes...and i've always said in these type of situations that it can happen that it just comes up and a few days later you see them standing there announcing their government...thats how close alot of this is
and I have to tell you its all moving forward - there are NO steps being taken back...and I am so excited about the news today

For all of those who missed the Joint Round Table Discussion with LJ's NEXT STEP and The IQD Team - the replay # is 530-881-1499 Pin 702073# - We thank LJ's Next Step and their team of professionals for helping us to jointly come together as Two teams....One Vision...Working Together....Arriving at the same place for the dinar community....We look forward to many more to follow

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Tuesday - June 26, 2012

CBI / ECONOMY

Central Bank: new instructions to regulate the sale and purchase of foreign currency

A source at the central bank reveals "for the Iraqi gate" criteria for acceptance or rejection of banknotes

Central Bank: the amounts allocated to the loans are not commensurate with the preparation of the staff planned giving them loans

Advisor to the Central Bank: Open a new Islamic banks will enhance the work of state banks

The legislature directed the Central Bank to support the deletion of zeros on the currency

Parliament and Fiance committee support REVALUE of Iraqi Dinar

Central Bank excludes petroleum products from oil and gas from the inflation indices
=====================================================

GOVERNMENT

Energy Parliamentary Committee will decide on the adoption of a draft oil law for 2007

Cabinet approves bill to postpone the application of tariff law

Council of Ministers decided to postpone the application of customs tariff law to be applied when investigating the circumstances of

Sadr Won’t Back Maliki if Reforms Not Expedited

EXTRA NEWS ARTICLES OF INTEREST FOR YOUR READING PLEASURE

Continued high price of the dollar in spite of the increasing sales of central bank

Central Bank: import equipment to check counterfeit money Online

Appearance: The demand for a ziggurat on the currency re-life project to delete the zeros

Raise the zeros in the book

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 - June 26, 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#

The IQD TeamHighlights Summary Replay Conf CallJune 24Latest Iraq Dinar RV NewsFULL Speed Ahead

6/25/2012

The IQD Team
Investigate, Question & Deliver
Sunday, June 24, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 24, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

Listen to the Great discussion after every great CBI article we discussed - so much great information from CBI today....Tariffs....Smart Cards...Islamic Banks...Single Window System.........Full Speed Ahead!!!

"Iraq's Central Bank announces new cash withdrawal system"
FAVORITE ARTICLE....
ATMs all across the country and just like the banking system here.....awesome article
"Has announced the start of a national distributor system in the country, which will allow card holders to withdraw money from
any bank in the country without depending only on the the bank that provided the bank card"

"setting up the system with the help of the US Agency for International Development (USAID)"

USAID was mentioned in this article and reminded us of a Flashback Article from Sept 2011
Flashback Sept 2011: Iraq is Moving to cancel and simplify the Laws the drive Away Investment
and the Documentation behind this Guillotine Regulatory Reform Tool that started in Iraq in 2011
Regulatory GuillotineTM in Iraq & The ISRIR (Iraq Solution for Regulatory and Administrative Reform) Project 2011 - 2014

If we had an specific old laws on the books and somebody forgot overlooked..maybe they were smart enough to find from years ago they could change this quickly with the GUILLOTINE REGULATORY REFORM SYSTEM....They already have started using this and laws are being changed with the help of this system since 2011....Cost $150 million in conjuntion with the government to reform the laws that would normally take decades to do in a short period of time.....on going project in conjunction with USAID
This is great information to read and understand what this process is all about.....and so Key to the success of Iraq.
"Thru this Guillotine Can create the investment environment of the country"
Great Information to know about Iraq and the process they have been using for some time to fully comply with the Government of Iraq to reform laws and to speed up all old laws on the books in Iraq....The Link to this article and Documentation is under The News Articles Link below.

Shabibi in Switzerland...and on his way to London....giving his opinion on what he has done and how he has done it..

Government Recap - This is where we believe we are at...
we want to see the government seated and the 140 in place...because Saleh talked about it earlier in the article we read...trying to develop more than an oil economy because it is very hard to keep your currency stabilized on oil and everybody knows what the oil price per barrell and if you can start making your economy more diverse you have a better chance of keeping your currency stable out there
140 definitely needs to be in place so they can figure out who is signing the contracts - ..where the power and money is going to lie so that they know how they can guarantee those contracts....not screw up their business..not have the government and themselves sued
Remember they are a bank so they have alot of liability in all of this
There not necessarily getting away with everything becasue they are not a governmental agency.....just like they are here - they are a Central Bank...a private bank - separate from the government - they have liability and they have to make sure they are covered and they are going to cover their butts as they go out...one of the things they are waiting on

We talked about Talabani leaving the country...
We talked about some meetings happening over the last few days
what we are assuming is happening is that they got together
Najafi realized that he has the votes he needs....they got everybody together...they had more than ever attend the Parliament
session - almost more than in the history of their Parliament....Remember they don't get paid much..they showed up
well they realized they had est. 176 votes and some people defected In order to go ahead and pull the No-Conf vote with Maliki - away from Maliki threats last week where he removed the barriers to try and scare them....they had some defections and things going on
Now we have heard some rumours that the Minister who was in there from the National Alliance may be nominated to go thru but the big thing is the Strategic Council which is where all of the power is going to lie and that is who is going to take the power away from Maliki - he will become more of a figure head than he is instead of an administrator type of person
This is the power he does NOT want to give up - noone wants to give him his ministers because they are afraid they are not going to get their seats where they need and deserve to be there...so there is some speculation in some articles we are reading that he may be willing to start to apppoint that
They May be willing to go into a National Conference and come out and announce their government very soon
It makes sense to me based on the things going on in the World Market ..the world and the economy behind them
We have seen articles about Maliki trying to take Najafi out and other things going on
One of the things Maliki did is close 44 news agencies in Iraq
These things are starting to weigh very heavily on all of the political peoples minds...because it is looking alot like Sadam and what a dictator would do - Shut down the news, etc.......thats why the news has been very sketchy and crazy lately...
Less outlets....you have to assume if you are Maliki you are taking out your competitors outlets and those type of things but news still goes out....they need to have a free press and they need to go forward
We are looking forward to things happening over the next couple of days - this could be an exciting next couple of days
be prepared for antyhing to happen on the government side
Remember....the key here is that we are really do not care who runs their government per se - it needs to be set up with the Strategic Counsel or however they set that up - that needs to be inplace - once that foundation is in place and the 140s are voted on and the rules are voted on then you're there
You've got Parliament changing and saying we need to get these things done for our people because really what they are starting to realize is that the people are getting hurt
Thats the problem....its noone else getting hurt but the people.....they need to make sure these are the people voting them in and there is alot going on and alot they need to do

"Abadi: there is a desire by the National Alliance to focus on the interests of the citizens during the current parliamentary session"
One of my favorite articles.....its about the Iraqi people....."in the presence of 248 deputies"...Why is everybody in town???
Is there a party that we were not invited to?...I think there is.....
These are important things that need to get done....Remember the party that is in power always wants to give to the people...
The importance to this article is the amount of people who showed up as well as the them wanting to do the work for all the Iraqi people.....Thats a great thing.......and what it is all about...The Iraqi people

"Europe lifted the restrictions on investment in Iraq"
One of Deb's Favorite Article....
"lifted restrictions it had imposed on investors who intend to invest in Iraq"

Wanted to thank LJ & his Great Team at The Next Step - Had a great opportunity to spend some time with them this weekend - pointed us in their direction of what they believe is going on with the government and we exchanged some great information...nice to know there are like minded people out there who really care about the community and trying to do what we are doing and getting that information out to the community so they understand

RECAP
CBI
Great things going on with CBI
1st article we discussed about a 10 year period for money to be exchanged and what we believe there will be some sort of short term period and that 10 year period refers to the Central Banks being able to exchange it for that outside the country as well as any other people who may have been repatriated or had money outside the country to bring it back in

We talked about CBI and the Islamic Banking Bill being passed and the Islamic Banks opening up investments to the rest of the Middle East because of the Sharia Law that is needed in order to open these banks and to have other investors come in they are really making it being in the Middle East....really opening it up for the Saudis to come in...the Kuwaits to come in....these banks will be heavily used by Qatar, Saudi and it really sends a signal to Saudi to bring themselves in to the situation very quickly and allow them to help put influx into cash into the system

We talked about the custom tariff laws and the change from the CBI wanting those to go in...it seems to me if they want these tariifs to be in place that they have a plan in place to combat ill effects of this and they are ready for this at the end of the month - that is a really good sign for whats going on

Talked about the new ATM machines...just like here in America
you can go to any bank..any ATM machine..round the country...800 banks to pull your worthless currency out....well we know it is not going to be worthless - they are not putting these systems in tact for people to pull out 2000 dinars...5000 dinars..You've got to have some kind of value to this and they have been telling us they have been trying to add this value and get their systems straightened out thats what we are all in this for....It seems The Central Banks plan is in full motion and I am very happy and excited to say that as we always say they are ready to do what they need to do

Government

Maliki is in trouble...had 248 deputies attend Parliament - approximately 179 votes Maliki out - ready to do what they need to do--bring him in front of Parliament to question him...he is in dire need...he closed down 44 newspapers to try to keep the stories from getting out...he has very little support from anyone....and quite honestly he is a man who has some issues...and we will have to see whats going on with him as we move forward....his days are numbered and limited
Starting to talk about doing the work for the Iraqi people.....the financial laws that need to be passed....these are all good things
It seems to me that between the CBI and this move to get Maliki out that they are moving very strong and very fast
Things have been fluid over the last few days with meetings taking place and alot going on behind the scenes
Now that everybodys back...Parliament coming back in to get things done...I believe this next Parliament Session will be one of the most productive sessions for the Iraqi Parliament in a long time
We will see laws being passed...being read...being done very quickly - We will see CBI being supported in whatever they need to do and the country trying to move forward
They are at a key critical economic point at this time in their future
They need to add value to this currency...they need to establish their economy and to make sure the central Bank is working with the government so they can have the laws in place they need to Attract, Maintain...Keep Investment....ADD VALUE TO THEIR CURRENCY AND BECOME A FORCE TO BE RECOGNED WITH
They dont want to wait and do this over a long period of time
They want to become a significant player very quickly because the situation is changing...
You've got governments that are changing......Eqypt influx...Syria is in influx....Iran. etc ....All influx......its a very fluid area....pretty much a powder keg going on out there
These guys need to be up and running so that they can become some sort of stability in this whole thing because they will sorta be the economic center when this is all done
Which is kinda the goal for that - everything will run thru there......everything will be there...again with our close association
it will benefit us from the things that we have done...its not going to happen overnight - takes times - but there seems to be things moving and they are trying to get it all done.....

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Sunday - June 24, 2012

CBI / ECONOMY

Central Bank: We will not receive the old currency after you delete the zeros of the citizens only by banks

Khbayrsnaaa: government measures have made a slow industrial projects and improper

Finance Committee announces the arrival of a bill from the government of Islamic banks

The Central Bank underlines the need to apply the law of customs tariff end of the month

Iraq's Central Bank announces new cash withdrawal system
======================================================

GOVERNMENT

Regulatory GuillotineTM in Iraq & The ISRIR (Iraq Solution for Regulatory and Administrative Reform) Project 2011 - 2014
Flashback Sept 2011: Iraq is Moving to cancel and simplify the Laws the drive Away Investment

After the prevention (44) and a media outlet to work .. The media calling for politicians "not to tuck their noses" in the body of
professional issues

Hrbo: Files are questioning al-Maliki's security and financial and administrative corruption and breach of the constitution and
override

Abadi: there is a desire by the National Alliance to focus on the interests of the citizens during the current parliamentary session

Washington supports the overthrow of the Iraqi prime minister, fearing a constitutional confrontation with Tehran

Europe lifted the restrictions on investment in Iraq.

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 - June 24, 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#

The IQD TeamHighlights Summary Replay Conf Call June 21Latest Iraq Dinar RV News~~Its ALL Good

6/22/2012

The IQD Team
Investigate, Question & Deliver
Thursday, June 21, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 21, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

"Central Bank: the project to delete the zeros from the currency represents a new infrastructure of the country"
The key statement in this article
He said...."This project represents the process of reforming the system of monetary management and the transition of large numbers to smaller numbers with the SAME VALUE OF THE CURRENCY WITHOUT AFFECTING THE TRADING CURRENCY, because the switch would be suitable for people getting used to the new currency trading." That is awesome...we believe that before they release those there will be some sort of revaluation and they are certainly giving us a pretty hard date out there when they really want this currency moving forward - my guess is they would probably hit that earlier than that date because they are staying pretty hard on that number out there...we wait and see...that bottom statement is the salient point out of this article
and remember...smaller numbers with the same value on the currency without affecting the trading currency - that means they want to keep the value of the two currencies identical until people get used to the new currency....Awesome article...This process is moving forward quickly but moving one day at a time and they are pounding this drum and moving it out there

"FLASHBACK...Republic of Iraq Ministry of Planning" The Exchange Rate of Foreign Currency in Economic Feasibility Studies
Several key statements from this
"It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc."
AND
"Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
Listen to this part of the call - Great information shared about how confident you should be with your investment

"Economic Committee decision: session Saturday sessions will be to establish economic laws"
GREAT Article....We've talked about the privatization of the banks and getting this private sector started and what they needed to do - Shabibi came out and spoke about it ....
I about fell over when I read this article..this is exactly what he needs to get things jump started over there and get this rolling real fast.....Awesome....Shabibi spoke 2 weeks ago and now Parliament is coming back on Saturday and these are the things that we need
done......Guillotine process brought into Iraq in 2011 that helps them to speed up the these laws very quickly - sounds like they are going to do 1st and 2nd reading at the same time and then vote....modify and get the things they need done to move forward.....Great article...Lets see the actions now....Get in session and get it done

RECAP

CBI - Tonight we talked about a Great post by Scooter (Thanks Scooter) with information about a CRITICAL BENCHMARK BEING MET - "RE-BOOT" OF TWO GOVERNMENT BANKS...we talked about the supporting documentation from the IMF - the big thing is for the banks to reset and re-calibrate these banks so that they get away from the government - this is a BIG step in moving forward and resetting these banks to come into the private sector - raising and recapitalizing all the banks is going to get them ready to deal with the money that is going to be coming in for investments as they say...as well as the money they will have from the Revalue...
So Why would you have banks put up more capital if your money is not going to be worth more if you have a fractional banking system? Let me say that again........Why would you have to recapitalize your banks if you have valueless currency and you want them to have higher capital requirements..why would you do that? That must mean that they are going to be handling more money at some time in the future....well certainly they will be handling more investments coming thru....thats correct..but they are also wanting to handle the money from the Iraqi people so increasing the capitalization now so they will have the money to service this increase in demand for the banking sector as well as being able to grow with things that are invested in their banks.....
Remember we talked about people not wanting to put their money in banks - you really have to raise that capital because you know that you are going to increase your currency at some point in time..thats going to open up the flood gates...very important for things for them to move forward

We talked about the deletion of the zeros from Saleh...the salient point from this article -
He said...."This project represents the process of reforming the system of monetary management and the transition of large numbers to smaller numbers with the SAME VALUE OF THE CURRENCY WITHOUT AFFECTING THE TRADING CURRENCY,
because the switch would be suitable for people getting used to the new currency trading."
They are going to have the same value.......they are going to co-exist however long that will be they are going to co-exist til the people get used to it.. He also talked about in this article that everything is done...all the studies are done and it has been presented.

We talked about Ministry of Planning Feasibility Study
Oldie but Goodie Link...check it out and listen to the great discussion about this important document
Like a White paper from the Ministry of Planning.....talks about the exchange rate by the Ministry of Planning
It talks about the rate of 3.20 versus where they were as the official exchange rate and it says in the last sentence
"Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."

Basically these are studies that say the bottom line it will support is 1.13 all the way up to $3.22 ...thats what the study said....looked at it and asked if they could handle these rates ..they recommended the rate be low at the point in time this was put out based on the studies they put forward...don't get caught up on what it says...get caught up in the fact that they actually say this can be worth more than $1.00...it should make you feel confident when people say it will not be worth anything or $.01 or it is a scam...the bottom line rate is in this document from the MOP and other documents - this is where all of the others are getting these numbers from - There are accounting firms that went thru and did these same studies....came up with very similar numbers......
Think about how much more oil they are pumping now...how much gold they have found since this study was done....how much natural gas......etc etc ...this is after this Feasibility Study was done...Great Info.....When we talk about those things on our call and we give you our rate ranges this is just one of the document that backs up what we say.......Excellent article to read....
Listen to the beginning of the call during the CBI portion to hear so much more about this document and how confident you should feel with your investment based on documented information on the rates etc

As the government turns
One of the things Maliki did is he ticked off Nujaifi and Parliament
He took down the barriers - Well now they are not going to come to Parliament - He thought he could scare them off - not voting if he took the barriers down - They demanded they be put back up and now he has himself between a rock and a hard spot because he did something he shouldn't have - bascially they said if it is so secure take down the barriers everywhere including in front of your house Maliki...don't just do it in front of ours......

Nujaifi was out there big time today......Great to see

We learned the Sadrists and the Kurds are going to try and form one big political party which would give them the majority and would be able to let them form a goverment in an election - go after it in the election year coming up.....that should be scaring Maliki because his days are numbered...even he decides to pull this off and get into the next election unless he changes the Constitution and allows himself to run again which would pretty much be an act of war...very difficult for him to beat down this pressure that is coming up

We talked about the Saturday Session in Parliament - all the laws they need for investment and anything they need for the private sector including the 140, Oil & Gas....tariffs....investments.....the whole nine yards...all dedicated to this Saturdays session....
Lets see if they can get thru it........and get these done...

We talked about the 140 and the monies going to be passed out to these people....lot of dinars....lot of wealth going to be passed out to these people - could be a lot of influx into this country for rebuilding
Remember we talk about it....
What are they going to do with their money when they get it
What we would like them to do is stay there...build houses...buy cars...start businesses...don't take the monies out of the country...take the money and put it back into the economy here....
Just like what we do here..when our economy is going really well you are buying things - that money goes back to the retailers who in turn buy more goods...they can put people to work - all works very fast that way
Its very interesting all of that happening and moving
Been tremendous movement that we have seen from the Parliament and what they are doing and how they are doing things
its just great to see..I think we have reached a head to this and getting to the point where we are going to start to see some action

What Maliki did today was ticked off alot of people and set himself up for failure

We talked about the 15th postings appearing in the Gazette...in Arabic- one which was "Law of conservation of hydracarbon wealth No 84 for the year 1985" ...Could be some really great stuff in there....
As I always say...We don't know what we don't know.......we are about to find out some of those things that we don't know and as Shabibi said we think....."Very Soon"

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Thursday - June 21, 2012
CBI / ECONOMY

Rasheed Bank proceed to open current accounts of the Islamic branches in Baghdad and Basra

Obliging the banks to raise capital

Central Bank: the project to delete the zeros from the currency represents a new infrastructure of the country

:: OLDIE but GOODIE :: FLASHBACK :: Republic of Iraq Ministry of Planning
The Exchange Rate of Foreign Currency in Economic Feasibility Studies

Scooter Post: Critical Benchmark Being Met - "Re-Boot" of Two Government Banks

=====================================================

GOVERNMENT

Urgent Sadrists will enter the coming elections in one list we share with the Iraqi Kurds. Thanks Bacardi Rick

Iraq parliament speaker threatens to oust premier

Iraq witnesses significant economic improvement – minister

Iraq lawmakers stop work until blast walls put back

Economic Committee decision: session Saturday sessions will be to establish economic laws

Article 140 Committee Announces Exchange 474 billion dinars for more than 57,000 family in Kirkuk

Urgent. Maliki calls for convening a special meeting of the House of Representatives Thanks Jimmy

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 - June 21, 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#

The IQD TeamHighlights Summary Replay Conf Call June 19Latest Iraq Dinar RV News

6/20/2012

The IQD Team
Investigate, Question & Deliver
Tuesday, June 19, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 19, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

"Haji MP: Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad"
We've talked about how it is important for the banks to get on board and sell this currency and do what they need to do - It helps to build the stability around the market there - getting rid of the street vendors
Theres alot going on in that neck of the woods right now..its definitely going to get a little bit harder...the pressure on Syria...
is going to get very difficult for Syria right now and it looks like they are going to run out of allies-we will see happens - they are destined for change in Syria ...that should help ease those pressures off of the monetary supply there in Iraq
Will be interesting to see how quickly that can happen once all this starts to move forward - Its almost like the plans are all coming together as things and events are turning - you can see them getting their banking system in order to get this thing moving and getting it moving the way it needs to be so it is set up for stability...Great to see

"Central Bank forward the draft law of Islamic banks to the Shura Council"
We discussed and read the whole Islamic Banking Law several weeks ago.....it certainly looks like they are moving forward with
that - We talked about this being such an important piece to the economy to do business with rest of the people around them....people who have Shura Laws that want to bank thru their religous beliefs now have an opportunity to do that when they need to so that they can expand and work with Qatar and all these other places that want to bring money to them - So it looks like they are really pushing forward - Again this is the second article that says lets get this done -hopefully when the Parliament gets back they can start to get some of these things passed...maybe this will be one of the those things that they can pass very quicky - it would be needed...absolutely

"Trade Bank of Iraq initiate a project linking all private banks and one system"
Great article....Love this......We've talked about the Trade Bank which is great...We've also talked about one of the reasons that
Chapter 7 is not as relevant as it used to be was because all of these banks are working together in conjunction with guaranteeing
funds coming into Iraq - the only thing that Chapter 7 holds them back from is people wanting to deal with them with because of the the stigma of it because they feel there maybe sanctions there and they might lose their money
With the Trade Bank and everybody starting to get out there guaranteeing these banks they are trying to make the private sector
banks and the private sector grow and this is absolutely wonderful seeing this all coming in fast and furious
They are ready for all of this........We've said before many times electronically they are ready....and we've said it before the biggest
problem they are going to have is to get people to the banks so they can keep on coming to the banks and put their money in the banks so it grows expotentially
Gives you an idea of where they are at with the banking system
The Future of iraq Project tells us that the banking system is the last thing they need to get done (Final Chapter)
We've seen where they were at with the IMF 6 - 8 months ago and where they are now...they are knocking things off of their banking checklist as fast as they can to make sure they have what they need in order to get this banking system up and running and off the ground
Absolutely they are working hard - driving towards getting the banking system up and running so they can handle the flow of cash
ITS GETTING CLOSE TO TIME TO ADD VALUE...........and everything is in place
ADD SOME VALUE....Get the money in the bank........What else is left after that.......

As the government turns....

"Najafi: to withdraw confidence from the end-Maliki of Iraq from dictatorship"
You can tell they are serious about moving forward with the Vote of No Confidence folks....This is not a dead deal.....we've said it has just begun...lots going on - they have the ability once Parliament is in -
The President of the Parliament can bring this up for a vote - I think they may try - we will have to see what happens on Thursday
when they are in....so As the World Turns with Government of Iraq we get closer and closer to it

"Poll likely to withdraw confidence from the success of Maliki"
SURVEY SAYS.......We've read several polls come out lately...We just thought it was unique that he doesn't have as much people support as he thinks he has.....they start to bolster this thing and you start to get people that are less afraid and If they know this is going to happen and he is going to go away.... then it is going to be good

"Deputy for Iraq: United Nations would intervene in the crisis to resolve the problems between the political parties"
Knock it off guys...make sure you understand what you are doing
Remember these people and the policital pressure is a very very unique way of talking about the political pressure
The sentence or two that comes out and says look we have already told you that we don't want to let you out of Chapter 7
just yet - thats something that very well could have bolstered things - the banks stepped into correct anything and any issues they may have but this after what they did the other day is a clear warning to Maliki to get his Ship in order.....
definetely somthing that needs to get done...We love it....
finally starting to see people reign in from around the world
and with what just happened in Syria today basically the Russians have decided not to back the leadership in Syria..Thats recent breaking news - its reported in Britain but we are starting to hear some things that they have turned some ships around
This should send a message to Maliki that he has NO support
because if he thought he had it in Syria he doesn't now because that situation is going to change very quickly...and Iran they are just a bunch of crazies over there anyway right now with what they have going on...so he will have nothing to fall back on because they have no credibility whatsoever
Now you have no legitimacy in Syria.....His days are numbered in Syria and that should wake up Maliki
Huge messages being sent to the Middle East..some indirectly..some directly....one that was sent to Syria is in indirect message to Maliki to get your ship in order
When I pulled that article today I really didnt realize what was was going to happen today...it just goes to show you that the there are lots of things going on in the world and political pressure can come from just about anywhere at any point in time
It is going to be inetresting to watch over the next few days
maybe we wll get 140 implemented..maybe we won't - maybe he will save his hide...maybe he will go away.....certainly some
messages being sent.......

"Uzmatk parliamentary source: National Alliance held a crucial meeting tomorrow to end the issue of withdrawal of confidence from the Maliki"
He tends not to want to show up at these type of meetings..it will be interesting to see if he does...but I have a strange feeling they have an ace in their hands - sounds like its almost we've seen it happening...its almost like they have a plan now and they feel confident with everything going back in
I think we are headed towards a resolution folks....starting to feel it again.....

Egyptians betting on the new Iraqi currency
Oldie but a Goodie...Great article that was posted today on DINAR RECAPS..thanks Dinar Recaps

RECAP

Looks like the banks are moving forward ...The CBI is moving forward with the currency to sell the hard currency in the banks
We talked about that before many times - making sure they can sell the currency thru the banks - it gets the people used to coming into the banks and helps them stabilize their currency
We also talked about them moving forward with the Islamic Banks
and the Shura Council and that they will be ready to open - they need the Parliament to pass the laws
We talked about the Trade Bank of Iraq initiating the systems that are there and how the banking system is thriving and ready to go with electronic fund transfers and everything they need to go forward...they are going to be out there insuring these private banks so that they have the credibility and the full faith of Iraq behind them as well as the IMF and everybody else who is guaranteeing loans to CBI...so they are solidifying what is going on in the banking systems
Gotta tell you its pretty exciting seeing them moving forward
day by day..every day they having something going on moving them forward

We talked about the withdrawal of confidence Najafi wants to push it forward...he's pretty much caught between a rock and hard spot- he's really going to move it forward when Parliament gets in
We talked about the people in Iraq starting to see Maliki is not out there in their best interest or greatest good with the polls that are coming in
We talked about the United Nations telling them to get their ship together and making sure they move forward..we also talked about Russia and what happened today backing off of Syria
support for Syria...and his allies are starting to fall around him
So I think it pretty much puts him between a rock and a hard spot
He is going to have to deal....
We talked about a meeting happening tomorrow
the final countdown to have Maliki meet these people to see if he can resolve this issue before they bring it to a vote of no confidence and trust me they are going to move down that road very quickly
and try to do what they can with that Vote of No Confidence..its still looming over his head so it is not out of the way
They are not going to stop as they move forward...I think we are headed towards a resolution folks....starting to feel it again.....

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Tuesday - June 19, 2012

CBI / ECONOMY

Haji MP: Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad

Central Bank forward the draft law of Islamic banks to the Shura Council

Trade Bank of Iraq initiate a project linking all private banks and one system
================================================================================

GOVERNMENT / MISCELLANEOUS

Najafi: to withdraw confidence from the end-Maliki of Iraq from dictatorship

Poll likely to withdraw confidence from the success of Maliki

Deputy for Iraq: United Nations would intervene in the crisis to resolve the problems between the political parties

Uzmatk parliamentary source: National Alliance held a crucial meeting tomorrow to end the issue of withdrawal of confidence
from the Maliki

Egyptians betting on the new Iraqi currency
[OLDIE But GOODIE Article from NBC News - 01/20/2004]

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 - June 19, 2012
Download/Playback
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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
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The IQD TeamHighlights Summary Replay Conf Call June 17Latest Iraq Dinar RV News

6/18/2012

The IQD Team
Investigate, Question & Deliver
Sunday, June 17, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 17, 2012
Download/Playback
or
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Please excuse the quality of Mikes phone as he was on vacation - the location was causing the issues
He will be back home and Loud & Clear for the Call on Tuesday

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from several of the CBI/Economy News

"Rapporteur of the Committee of Economy: Changing the form of currency is necessary to reduce the money supply and does not require a new law"
Another article telling us they have everything they need from the Parliament to do what they want to do
We consistently see these articles telling us this over and over..It makes it pretty evident that they have a plan and they know what they are doing

I just wanted to reiterate this tonight because last call we had lots of callers confused with one article put out that they read in the community that indicated a LOP....We do not believe in the LOP....and have information on our website on this topic.
We stick to what we know-....We know this is what they are telling us as stated over and over again.....Stick to what you believe...don't change your opinion on one article or someone elses opinion -
We just believe in what they are going to do..thats why we are here - If we believed differently we would not be here doing calls
It makes it pretty evident they have a plan...they know what they are doing - just because it is written doesn't make it so and just because someone in the community thinks it is so doesn't make it so - If we all agree on one article...it is not going to make the RV happen any faster...it just means we agree - We don't have any magical powers.....we read the news and bring you our opinion - We are consistent in what we believe...what we think and what we say

"Iraq moves banking and tax problems for the U.S. Congress"
Please teach us how this oversight works...how can we best help the Central Bank - We're here...we have it...how do we do it? How do you guys do it? and this is not by happen stance that this is happening...pretty much it is by design us coming in - With the Future of Iraq Project teaching them how to handle banking situations and the monetary situation - something we have done already so it make sense for us to support them in this...again another major step forward ...getting our government to work with the Central Bank

CBI is Full Steam Ahead

As the Government turns...
Maliki is still up the the same old things...trying to save his job....working every angle he possibly can - trying to make sure he stays in power....US is telling them you are not falling apart...we have too much invested here....there is an election coming - you are not falling apart period

"MP calls Maliki to implement Erbil Agreement to settle crisis"
Alot of effort trying to get them together to move forward and get this settled...Just one of many articles we read trying to get them together to settle this ...to move forward and do what they need to get done in order to implement all the things they need to get done.   There is a vested interest to have this all work out - starting to see pressure from others that if he wants to stay in power he needs to work this out - thats the constant messge we are hearing from the US and everybody else - We like what we are hearing - moving forward slowly but surely

"Mohammad Jamshid: Maliki is ready to satisfy all the political blocs and possibly remain in office"
Constant drumbeat of this needs to get settled - Maliki says he wants to settle it...hes going to settle it - they are being pushed in each direction to settle this and do what they need to do and get it done
Pressure coming down and you are seeing it from articles from both sides right now - happy to see those articles come out and you can start to see the pressure building again - thats what we want to see - resolution is around the corner with this political situation

"Iraqiya White Bloc: The upcoming meeting between Maliki and Sader is a positive step to end crisis"
Another article with theme of constant pressure to get this done -
we are open to talks - puts pressure on Maliki to get things done because it looks like he is doing nothing - the more they do this
the outside pressure building on Maliki

"Member of the Economic Committee: share of surplus oil revenues must be poor "exclusively"
Everybody is trying to get these figured out and we want to give them to the poor....thats great
The longer we wait to RV the more will come out as to who gets what - Lets add some value to the currency and they won't have to worry so much of who gets these revenues - they can divy it up and everybodys gets their fair share
They want to get this divied up and its coming up to that time - they are working on this to get it out to the citizens...Very good

RECAP

CBI

Again the article comes out in concert with what we at The IQD Team believe - telling us the deleting the zeroes will not affect the value of the currency and its absolutely our stance that this article is definetely in support of that and we were very happy about that and to see that article come out
CBI has asked for some help on oversight to help them do what they need to do to get themselves all figured out and be in concert with moving forward with the deletion of the zeroes and do what they have to do to get their economy going - All of this is part of the FUTURE OF IRAQ PROJECT - LAST CHAPTER - moving forward and doing the things they need to do
CBI is ready - we consistently read articles saying they are doing what they need to do..getting their banking system in line - getting the banks in order and doing the things they told the IMF they would do in the last letter to them....They are moving forward knocking things off that check list getting their banking system together and moving everything in the right direction

Government

Lots of confusing articles coming out still - some say open to talk lets get it done...some say the opposite - Interesting articles telling you there is a lot of pressure coming down on Maliki - Articles from our US government stating they are not going to let this fail - that they need to get their polictical crap together and move down the road..that is what we are seeing
Everything is moving according to plan and they are moving right along - We still do not if and when - we do not know the date...when and how they are going to do it but we certainly have the outline of the plan that they are moving forward with and doing that on a pretty regular basis - they have been feeding that out to us for the last month - they have hit a few roadblocks - in my opinion they are still moving forward and happy to see it

We also discussed about they are working on getting these oil revenues out to the Iraqi citizens.....and the Oil & Gas Law is the most important law on the agenda for the Thursday session of the Parliament this week
It is going to be an interesting week...they are moving forward and we just have to be patient as they do that

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Sunday, June 17, 2012

CBI / ECONOMY

Economist: replace the existing currency with another de-zeros plastic surgery does not affect the value of the currency

Rapporteur of the Committee of Economy: Changing the form of currency is necessary to reduce the money supply and does not require a new law

Iraq moves banking and tax problems for the U.S. Congress

=======================================================

GOVERNMENT

Iraqiya White Bloc: The upcoming meeting between Maliki and Sader is a positive step to end crisis.

MP calls Maliki to implement Erbil Agreement to settle crisis

Member of the Economic Committee: share of surplus oil revenues must be poor "exclusively"

Mohammad Jamshid: Maliki is ready to satisfy all the political blocs and possibly remain in office

FATHERS DAY TRIBUTE

Iraq war wasn't as scary as becoming a father

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
SOME GREAT Q & A TONIGHT AS ALWAYS

We are getting closer every day......GET R DONE!!

Conference Call Replay - June 17, 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#

The IQD Team~~Highlights Summary Replay Conf Call Thur June 14~Latest Iraq Dinar RV News~~The CBI Rocks

6/15/2012

The IQD Team
Investigate, Question & Deliver
Thursday, June 14, 2012
Highlights/Summary & Replay of Conference Call
Theme: The CBI Rocks

Conference Call Replay - June 14, 2012
Download/Playback
or
760-569-7699   Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

"Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank"
Greatest article of the night....loved this article
talking about the relationship between the government and the Central Bank of Iraq and as they said in the article "the government needs to grow up"
We talked about the relationship before between the Central Bank of Iraq and its more important now than ever as they move forward in this process and moving the RV forward that they understand the government plays a fudiciary role of oversight - they don't get to determine what the monetary policy is...
The policy is determined by the Central Bank and this is a great article that comes out and explains the differences and where they are headed....I think it is a very timely placed article from the Central Bank to really get the people to understand again that the Central Bank is in control of the monetary Policy and not the Government and they need to make sure that they start to broadcast that out to everybody.....Great Great Article

"Banker: There is a huge financial liquidity of banks in all but ignored government"
We were talking about the Central Bank wanting to bring the private sector in - great article from the private sector banking
saying they need the government to jump in and do a few investment things because they need to be able to have the right products and the right things to offer the people to open up the economy - we know they are making great strides over this last two weeks to really bolster the private sector and what a good time to put a well placed article out there about the private banks wanting to get in and make a part of this in play with all of the others situations that are going on out there and they want to be able to participate in this economy by all of that

"The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament"
We talked about who is charge of this process...this article pretty much point blank tells you that the Central Bank is in charge of the process and that they are the ones that are going to take care of all of the deleting of the zeroes and anything that has to do with the monetary policy
All of these articles tonight have a theme with the CBI that everybody is going to try to claim victory - everybody is going to try to jump in...youve got the policical situation going on - they are trying to separate themselves from the political situation - there also still letting the people know they are still moving forward with what they want to do with the currency so as they move forward they are exerting their dominance in this area in coming out and letting everybody know that this is what we do - these are the things we do and this is what we are in charge of and its not put to bed - we've got our plan and we are working our plan and looking to make sure they move ahead
And we believe sometime before they delete these zeroes they are going to go ahead and revalue - great to see them moving ahead with this plan moving forward

"The central bank gives private banks 250 thousand dollars a week to sell directly to the citizens"
Love this article - We've talked about taking out the street merchants to stabilize the dollar - to make sure that things are going down that direction - we've talked about the private banks in the first article wanting to participate more and be able to participate - if we get the people used to going to the banks to exchange dollars then they are at least wanting to come to the banks to do something
Now they can have a bank account...credit cards - now they can start to sell them all of their services that they do when the come in -they can open accounts and do all of that
So what they are really attempting to do is MAKE SURE ALL OF THE BANKS CAN EXCHANGE CURRENCY - very important that we eliminate the street dealers so that he can eliminate the fluctuations in the currency - he doesn't want to have his internal and external rates fluctuate that wildly ever again - they need to be very consistent - whatever he posts on the CBI he really would like to see internally in the country - Once he has his banking system in place he gets rid of most of the street dealers then he can stabilize his currency moving forward - Sounds like they are in a hurry to stabilize their currency and get these things set up
Great news - I really like to see all of these things happening going forward to stabilize their currency
Because that's our best friend - a stable currency is our best friend for things that are going to happen.....AWESOME ARTICLES FROM CBI

As the CBI rocks...the government turns
As we have talked before we know they are going to do whatever they are going to do with their political process but it is our opinion what we really need to have is Oil and Gas Law done
There was an article that made the rounds today exciting everybody saying this was going to be done - It was from a news source that we do not trust - it was the same one that stated Allawi was in the hospital on June 8 when he wasn't - Be extremely careful of the sources you look at - very important that you understand that there are certain newspapers that put out propaganda for one side or the other - designed to really invoke emotions - this source started Nov 2011 out of Great Britain when we researched it -
Right now the Kurds are really really trying to angle for the 140
out of this whole deal would be the best thing for them because that tells them how they are going to do that
They can fight for the power once Parliament is in on the 21st but the 140/Oil & gas is so very important

"Free" you get a letter from Talabani to the leaders of the claimants to withdraw confidence from Maliki"
Talabani's reasons for not putting in the Vote of No-Confidence - he clearly outlines his reasons - he didn't have enough votes - he needs to remain neutral and the National Party is going to do all that they said they were going to do which is what they haven't been doing
Last thing left for them is when Parliament is in session on the 21st
and then try to force it thru at that point in time
Talabani going to try and stay neutral so he can win no matter who wins

"Urgent. Reported a telephone conversation this afternoon between Mr. Sadr and Nouri al-Maliki"
Really sounds like he is trying to bolster as much support as he possibly can to get Maliki out of there - maybe he went over there to change some sort of deal or to let them know whatever deal that Maliki has we will keep the same deal with you - lots of politics and everybody is playing it now....

"Moqtada al-Sadr to telephone and Zuhairi Maliki confirms that the crisis is on its way to the solution!"
Sorta of a Maliki response to the trip to Iran
by Sadr pretty much saying don't try to internalize this
situation - we've got it under control
I am pretty much the dictator - I can do what I want to take control of this - He is pretty bold at this point because the Vote of No Confidence hasn't gone thru - really I think they are going to put it thru when Parliament is in session on the 21st
Round Two of this battle is coming up.....
and truly its not a battle I am concerned with - its the completion of the Oil & Gas Law - and looks like they are making headway on that

"Allow oil to Iraqi companies implementing projects"
This is kinda of a wake up call to Iraq and I like this article because it really puts the emphasis on how badly they need to have the
140 Oil & Gas Law done and it talks about some great numbers - big numbers - 4 out of 39 participants - the last time there were 12..
They are not getting the interest they need to be getting on these exploration fields because of the political unrest they have
and I think it is scaring these people into negotiating to a certain degree - so they are going to go ahead and move forward and ratify the contracts they have there and put that 4th round up
I think it sits there as a stark reminder to these folks out there to just Get this Done - you don't want this starting to affect these oil contracts, oil output and oil exploration - you can maybe be content with what you have but it is very necessary for you to continue to develop and find your reserves to sell - you are the 3rd largest producers - you should start acting like it and pass your Oil & Gas Law

RECAP

CBI
We talked about the private sector and how they need to get that implemented - we talked about the private banks and today we found out that all the private banks are going to be participating and truly what is going to happen is in the end The only place you wil be able to cash your dinar in for dollars is going to be at the banks
This is a great sign the banking system is coming on line because this is what we want them to do - we want them to be the only place...lets get rid of the street vendors - it helps them control their economy - helps them control their rate internally as well as externally and they are moving very fast to get this implemented so they don't have any issues with anything going on with the government so they can be independent and free ....so if they decide to close down the country again they will be able to stave off anything as far as rates going wild because people who are setting the rate is the CBI & not the street vendors - they will be able to know where all the money is going - give alot of dollars to the banks -  banks who are having problems following their customers won't get as much - they will lose out on that business - will move over to the business in the private sector banks...private banks
and it will be very interesting to see how that goes to control the money
Its working well at this point to control the internal exhcnage rate as well as the external he needs to get that under control so he can move forward to do what he needs to do to RV

Government
We heard from Talabani
He received all of these votes that calls for people to be out -they didn't vote the way they said they were going to vote..blah blah blah- votes weren't enough to go ahead and remember you guys are not the whole party out there - you are just a particular portion of it and we want to make sure everybody is happy - we need to implement the agreements that are already in place and he needs to remain neutral during this process if he wants to be alive politically when it is all done Sadr said we are ready to go - he went over to Iran talked with them maybe to backdoor Maliki and Malikis contact over there to assure them whatever was going on that they still had some sort of open door policy with Iraq and as much as we don't like it they will be involved with them no matter how hard they try - whether it is Maliki or somebody else they will also have some sort of ties because it is a rich economy - truly if they would just implement these agreements they would be well off and better down the road
Sadr says they are still going to move forward
We will have to watch and see what happens on the 21st which is the next step ahead
That can all go to the wayside if we see the Oil & gas Law come to fruition - We feel they are moving forward with that and it will be implemented SOON

Article for Our Veterans

The Proud: 12-year old boy becomes honorary Marine before he dies

Published June 14, 2012
FoxNews.com
Cody Green's brave battle did not go unnoticed by the United States Marine Corps.

A 12-year old boy fulfilled his dream of becoming a U.S Marine before he died.

Cody Green, who was diagnosed with leukemia at 22 months old, but battled bravely until his death last month, had always admired the strength and courage of the Marines, his father, David Snowberger, told WTOP.

When USMC officials learned of the boy's “strength, honor and courage” battling his health condition, his father told an Indiana-based television station, they made him an honorary member of the Marines, complete with his own navigator wings.

For one Marine, however, there was more to be done.

The night before Green died, the Marine stood guard at his hospital door the entire night, eight hours straight, Snowberger told Green had successfully battled cancer three times since he was diagnosed and was cancer-free. Unfortunately, the chemotherapy weakened his immune system and he died from a fungus that attacked his brain.

SOURCE with Pictures

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Thursday, June 14, 2012

CBI / ECONOMY

Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank

Banker: There is a huge financial liquidity of banks in all but ignored government

The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament.

The central bank gives private banks 250 thousand dollars a week to sell directly to the citizens

=====================================================

GOVERNMENT

"Free" you get a letter from Talabani to the leaders of the claimants to withdraw confidence from Maliki

Moqtada al-Sadr to telephone and Zuhairi Maliki confirms that the crisis is on its way to the solution!

Urgent. Reported a telephone conversation this afternoon between Mr. Sadr and
Nouri al-Maliki

Allow oil to Iraqi companies implementing projects

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
SOME GREAT Q & A TONIGHT AS ALWAYS

We are getting closer every day......GET R DONE!!

Conference Call Replay - June 14, 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#

The IQD TeamHighlights Summary Replay Conf Call June 12Latest Iraq Dinar RV News~~Full Speed Ahead

6/13/2012

The IQD Team
Investigate, Question & Deliver
Tuesday, June 12, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 12, 2012
Download/Playback
or
760-569-7699   Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

FAVORITE ARTICLE OF THE NIGHT
"Greetings to the Iraqi Central Bank Governor Dr. Sinan Shabibi"
Sometimes the job you do in life doesn't give you any credit...this was a great letter and tribute to Shabibi (read full article under News Article Links below)
This is what is is going on and that why he is very well respected throughout the world - That is why he will be a Key Speaker at the World Banking and Finance Summit June 26-27
The schedule is detailed on the link on our website and below - "When Shabibi speaks we listen"

"CBI decides to grant licenses to banks to increase the civil branches"
Right along with the plans bolstering the private sector - banks so there is more availability to use the banks - get loans, use them etc....CBI feels comfortable expanding now and right on schedule - putting their head down and stretching for the finish line
We are very happy they are going to increase the number of banks
What does this mean for us? They are bolstering the private sector and that is what we want to see

"Allow 5 Banks & 22 political......"
One of the reasons we picked this article is is we have been talking about they need to boost the private sector - bolstering the economy and what they have done is let the banks go in and exchange rates & what that is doing is killing the business of exchangors out on the street - they made alot of money now they are basically criticizing the CBI for taking the money away and making it for themselves
But as we know that is the only way they can get control of whose taking their dollars - good to see - this confirms this is happening out on the street - you want to get rid of the money dealers - those are the guys that can drive the price up and down - You can stabilize it if it goes to the bank - this way if someone does something stupid like close your country down for 5 days like Maliki did you have control over that and you can stabilize it - the bank is not going to drop the rate for a profit - you are going to control that rate as best as you can - this shows us it is happening in the country - just what we wanted to see

"Central Bank policy emphasizes the development of payments for the Civil Govt Banks"
What is this telling us? The banking system is Very strong and they are really getting a beat on - what the private banks are doing compared to the state banks...We talked about the technology - this is confirmation - the banking system is strong....the banking system is growing - The Banking System is ready for the next phase of Iraq and what they are going to do - with expansion as well as running the loans - now all they have to do is get the people moving there and using the banks - putting money in the banks - they have to use it now - they need to get them excited enough to use it now..How do we do that? ADD VALUE TO THEIR CURRENCY - its like everything is being put in place for that

"Intregrity: Iraqi Officials have depoisted their wealth in foreign banks"
Not only do the citizens of Iraq having a problem putting money in the banks...there own representatives are moving their wealth outside the country....Why do you think that is?   How about NO Value to the Iraqi dinar......that shows you the problem and points to the issues they have with a valueless currency
Many people ask me how long can they go on? Will they ever RV.....etc - At some point they have to...look what this does to the banking system - it destroys it - and if you destroy the banking system you can't have value to your currency at any point in time in the future....They have to do it.....they have to get everybody on board and they have to get everybody moving in the right direction
Great article pointing out what he is up against as we move forward

Reinforces the things are getting in place and ready - they have to build a good base for this to last and if you are a contractor you know that any foundation you put down has to have a solid base or everything can come down around it

"Bank: Central Bank to impose new restrictions to reduce the leakage of currency outside"
New rules and regulations - this is part of what they need to do to make sure the money doesn't leave - they don't want to hinder trade and payment of goods, etc for hard currency because they know they have to pay for the goods in hard currency at this point in time because they don't have the dinar with value to it.......As we have said many times, if they would just add value to the dinar and get things moving they would not have this issue - they have to manage this issue as they move forward

All of the articles we read tonight are really talking about and putting it in perspective They are ready...they are showing us everyday things they are doing moving forward - something psoitive every day - inching forward every day.......Very Very Good

2262 companies since 2003
Unbelievable the growth and people moving into Iraq
Thats what we want to see - they are not backing away - even with all the political issues going on - Extremely positive

Tariffs
Several articles seem to indicate these tariffs are already in place - indicating they have goods that have extra charges on them and they are collecting money from it - still gathering information on this info - I am not going to disagree they could have already implemented this and that they may be collecting it off of some goods - but I am also on the fence with it..the government has to collect it but maybe they implemented it and will collect at the end of the month - I still think that they will officially announce they are out at the end of the month - maybe they are doing a trial run in certain territories to see what the reaction is going to be and to see how much pressure it is going to create

"Launch of electronic information exchange system between the ports of Iraq"
The shipping is connected and all electronic - don't get fooled by people saying Iraq is a country we bombed out of existence
They have internet, etc... tons of articles we have read about the amount of technology that the banking system has - they are electronic driven and now here is another example of what is going on with the port system
Lot of freight.....lot of goods...nice to see it coming in - people want to do business and they are going to Iraq - exporting good for the economy - we want the private sector start exporting and get it moving forward - They are progressing at breakneck speed compared to what this would have been 10 years ago

Government
Don't panic when you read these articles from both sides
They are in between trying to get this Vote of No-Confidence and moving forward trying to re-negotiate 140 so we switched from really looking whole heartedly at the government because nothing can happen in the government with the Vote of No-Confidence until the Parliament goes back into session on June 21 - that is the next time that there will be a window of opportunity for them to go ahead and do the Vote of No-Confidence and if they get shot down with that we will watch the next steps they take in this government process

"The Law of oil Settled at a forthcoming meeting"
You've got Maliki who is in trouble - we can go on and on who is bad and who isn't over there - NO I do not want him to be there but what I would really just like to see them get a government in place that supports their economy and they can bicker about who they want in place - No more do I want them to figure out who is going to be our next President do I want to figure out how they need to run themselves
They are a sovereign nation and they need to figure that out and they will slowly but surely - But they need a form of government that works
Passing this is an olive branch from Maliki to the Kurdish people and I think if he can get this passed he may keep them cooled off for a little longer - this helps us immensely because once that is out of the way Shabibi will know how his economy is going to be for the next few years and he and I would certainly like to see this done - would really give him some confidence about his economy and how that oil is going to flow and the payments are going to flow
Remember they are signing these contracts illegally - he doesn't know how long they are going to last - who is going to get the money - how it is going to flow to Baghdad - once all of those are all done he understands what his role is and how he collects money - payments he gets money for it -then he doesn't have to be in conflict with who he gives money to for oil transactions that come in etc - he can take his cut for doing what he does - borrowing the money and loaning money for the transactions- taking his money out - building his reserve, etc -   Its done and out of the way
This is the Key piece of legislation for Iraq in general and should have been done a long time ago

They are moving forward with the government - Next best time to do this is when Parliament is back in session June 21 back door on that to try and get around Talabani - Its their government - let them do what they are doing - Please just pass the Oil & Gas Law - that would be great for us and an important thing we want to see - that only leaves several others that need to get done - Get this Oil & Gas Law done and maybe that would give Shabs confidence in the government that the can fight amongst themselves and he can go ahead and get the RV done for the people while they continue to bicker about the government

RECAP

Great article about Dr Shabibi
How he has been moving forward and all the good about him
He is going to be talking at the World Banking Summit June 26 - 27

CBI is granting more and more licenses to private banks and getting the private sector on board and ready to go

We had an article talking about how the traders on the street are getting hurt by the new banks being able to give out money - they are taking a 6% cut - they are upset because the are cutting out the money and its going to the banks and they are not happy about that because their business is getting hurt by this - not that we want to see any business get hurt but as they grow, that is one of the things that the Central Bank is going to take over and you are going to see these money changers go away
We like to see that happening and seeing more and more articles about that - that must mean they are doing this on the streets and and that tells us they are getting it ready

We talked about the development of the banks and how even Parliament is moving their money out because it has no value and thats one of the things he needs to do once he adds value to get people back into the banking system

Talked about the restrictions on the currency we should be seeing soon and once that it is in place and fully out there the banks are doing what they need to do - Moving them in the right direction to control what they need to control

Government - We talked about all the trade coming into the country - absolutely wonderful to see the expansion and everybody going there - they are locking to Iraq for business

We talked about postponement of the tariffs because these are things that will be inflationary but we have also seen several articles that indicate that they are already in place and testing these in certain areas

Oil and Gas Law ready to be settled - waiting for Parliament to get back & Talking with Kurdistan now to make sure they get all of that taken care of and try to put that out there as a bargaining chip

Talked about the ports being electronic and moving forward with that - Its no longer a place that doesn't have everything it needs electronically - they are ready to go

Vote of No-Confidence - they are working on that - waiting for the Parliament to come back on June 21 - you are going to see lots of articles for both sides - We are not as worried about the outcome of this as we are with the Oil & Gas...Very Positive New Night...Its All Good

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Tuesday, June 12, 2012

CBI / ECONOMY

Greetings to the Iraqi Central Bank Governor Dr Sinan Shabibi
World Banking and Finance Summit 2012 / Managing Economic Transformation in a World of Creditors and Debtors 26-27 June 2012

Allow five banks and 22 political and 10 traders take advantage of them .. 6% of the central bank transactions in dollars go to private pockets!

Central Bank policy emphasizes the development of payments for the civil government banks

Integrity: Iraqi officials have deposited their wealth in foreign banks

Bank: Central Bank to impose new restrictions to reduce the leakage of currency outside

====================================================

GOVERNMENT

Trade record 247 national companies and 46 foreign companies
External pressures on the government to postpone the tariff

Allawi disclosed for "news": the first sessions of the Sejm will withdraw confidence from Maliki

The law of oil settled at a forthcoming meeting
Launch of electronic information exchange system between the ports of Iraq

=======================================================

HONORABLE MENTION - CHECK THESE OUT - GREAT ARTICLES

Central Banks Are Buying Gold Like It's 1965

The eyes of investors to the Iraqi dinar

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
SOME GREAT Q & A TONIGHT AS ALWAYS

We are getting closer every day......GET R DONE!!

Conference Call Replay - June 12, 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#

The IQD TeamHighlights Summary Replay Conf Call June 10Latest Iraq Dinar RV News~~Full Speed Ahead

6/11/2012

The IQD Team
Investigate, Question & Deliver
Sunday, June 10, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 10, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from the CBI/Economy News

CBI
Legal Instrument: "Legal Council of Ministers" recognize the instruments of Islamic finance project

We try to bring things that are informative to you so you can get an idea and understanding of whats needed - so you can educate yourself to the process thats over there
We have been talking about getting the private sector involved - and the banking sector getting it up and running
Because you have religous cultures - Muslin Religion - these Islamic Banks are fundamental in doing business in the Middle East
It is a Keystone for these to be up and running inside the Banking system
This is the FULL legislation/Act that they are doing for Islamic Banking - take the time to read this whole document- it has dates, times and important information - times they are moving forward to implement this year to make sure they can get these banking
systems up and running and abiding by the Islamic Law
and doing everything they need to do so they feel comfortable with these banks and it invites not only the people in Iraq but its international businesses....other companies..other countries..like Saudi Arabia.......Jordan...mainly Kuwait to come in - they want them to feel comfortable investing but they want to make sure they are investing in things that are pertinent - and this lays out the plan for all of that
This is an amazing piece because they are in the FINAL CHAPTER of the Future of Iraq Project and we are seeing the Banking System come together - this is part of that Banking System and this will be implemented this year

Again they are moving forward at breakneck speed to get this banking system moving over there - This was one of the KEY pieces that needed to be done and a Milestone Moving Forward

Its nice to see these things coming together - one step closer..The CBI is doing what it needs to be doing and knows exactly how to get it done......Moving Full Speed Ahead

Government - Listen to the call for Straight Talkin Mikes recap of where we are before the news articles are read

RECAP

CBI is ready as we have said - all of the articles are repeating what we have discussed over the last couple of days - all about the private sector.....Banking sector etc.....We don't want to bring up the same articles over and over - We read an article about the Plan for Islamic Banking in Iraq....They need Islamic Banking so they can participate with Kuwait and all the other countries as well as getting people in their own country who are of faith that want to do banking - As we have talked about many times they have certain restrictions and laws that need to be passed - this whole Plan lays it all out
We have talked about the Future of Iraq Project and the banking system being put into place - and here is the Plan for The Islamic Banking......almost like it is written and moving forward....Love it

Government
We went up for the Vote of No-Confidence -Talabani said no lets try to figure it out - Sadr and his gang left
They want to continue moving forward - they are asking for the UN and the US for help
We read an article talking about the 3 scenarios to move forward - call extra special session, do it thru a National Meeting or the third to do it when Parliament comes back once everybody is there to do a vote....once they have them in a regular special session
they can bring it up - All 3 of these proposed different ways
Maliki trying to propose new reforms to try to block these guys
and they are adament that they are not going to let that happen -
Its going to be interesting to see how this plays out as we move forward - Again we don't mind that they fight - we don't mind if they are doing these things as long as things are starting to get done
We are seeing them start to push the 140/Oil and gas law - whose going to sign the contracts forward and we discussed a good article - there are only 4 paragraphs out of 50 that they are disputing over and that this can get done very quickly - this is a major piece forward for the economy - they can fight about these other things and who has the power but we have to definetely make sure for the economy with these contracts everybody is happy
Let me guess the Kurds will probably be happy once they figure out how much more money they are going to get to a certain degree - They will work the rest of these things out but they certainly don't want to do all the work and get nothing as they move forward

New allegiances being formed - great stuff going on inside as they are moving forward
Some strange bed fellows getting together which is going to help them in Parliament with these new alliances moving forward
and if you ask me all very positive moving forward....
although it seems they are fighting and arguing - its part of the process...get used to it - its what we do here - its what they do there
Its not going to happen the way we assume it is going to happen because it is speculative and its not a story book
As we have talked before they have a different culture and different way they do things - very very different - lets hang on for the ride and enjoy it together

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Sunday, June 10, 2012

CBI / ECONOMY

"Legal Council of Ministers" recognize the instruments of Islamic finance project

=======================================================

GOVERNMENT

Chest: the withdrawal of confidence from the al-Maliki is not over and has just begun

Energy Commission of Parliament, there are 4 cases of 50 counts of dispute over oil and gas law emphasized

Maliki launched a new reform package

Expectations of the announcement of new alliances

3 scenarios for the session to withdraw confidence from Maliki on the table for the presidency of the House of Representatives ARTICLES OF INTEREST Displacement and Migration Next Week The Government Grant Distribution among the displaced families to the Kurdistan Region - THANKS STEVE

Governmental Actors Posted and discussed on our call June 7th
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
SOME GREAT Q & A TONIGHT AS ALWAYS

We are getting closer every day......GET R DONE!!

Conference Call Replay - June 10, 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#

The IQD TeamHighlights Summary Replay Conf Call June 7Latest Iraq Dinar RV News

6/8/2012

The IQD Team
Investigate, Question & Deliver
Thursday, June 7, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - June 7, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)

Highlights from some of the CBI Economy News

As we have talked about - this is another article about the building of the private sector - another positive step in the building of the economy in Iraq
We have drawn the plan out for you and we are moving forward with that plan - Outstanding to see from an economic standpoint the birth of this country and their economy
It is wonderful to see the private sector moving forward and the banks doing what they need to do - The Future of Iraq Project .....this is the Last Chapter - and we are watching it happen right before our eyes - Great News

We have heard in many articles IN THE COMING DAYS they are going to be doing X Y Z.....he was laying the groundwork for these Letters of Credit and closing off the street vendors
Article again talking about the private sector
When you put these two articles together and as we we have been talking about them building the private sector you can now see what the plan of the CBI is and they are working it - stabilizing their economy and getting them moving...stabilizing pricing..stabilizing the dinar....very key when we talk about stability when you RV you can not have all of these things
in the way - This is like the last rabbit hole they have to close up - the street vendors - squeezing them out - they know what they are doing
Their plan is coming to fruition.....Awesome article

CBI ...WE KNOW THEY ARE READY.....LIKE CLOCKWORK....getting the private sector moving in the right direction

Government - Listen to the call for Straight Talkin Mikes recap of where we are before the articles...

Recap

CBI

CBI Rolling right along....they are trying to get things in place
with the last articles that we read - they are intent on really trying to keep tariffs moving forward and Shabibi is taking it seriously
They are opening up the State Banks to cash in - to give out dollars and exchange dinars for dollars and all that- giving them a lower rate than what they can find on the street - They are going to keep that rate within a 2% margin so they can squeeze the street vendors out so that the larger money will come to the bank because it will be a better deal....the average person still going to exchange on the street and pay a higher price - - thats what they will do but the larger dollars will come to the banks because they won't want to pay 4% of $4 million...$10 million..etc - in the article they used $400 million.....7, 8, 12% becomes huge dollars to these people who are transacting business - we found that most of these transactions are for goods coming thru Syria, etc..they are basically to pay for goods and pay for projects
They talked about the Letters of Credit coming in and these Letter of Credits will be able to keep the major players out of making more money on it - Its going to guarantee people on both sides -
Its going to save the bigger customers who truly truly need the money to do what they are doing and transact the business will go ahead and do the Letters of Credit because it will be easier for them - they will save alot of money - 2 or 3 percentage points on $4 million is alot of money when you start to get up there 400 - 500 million
on large transactions you are going to have an easier way to make sure that your money is there - it lets them know where that money is truly going because they are both locked up - theres no middle man in the middle taking the cut - $1 million for himself and throwing out $3 or $4 million on the other side - funnelling that because thats what happening- when they talked about the smuggling, etc - its not really smuggling - its deal making and people making money off the exchanges of these currencies over there and they are getting really ready to shut that down.......
We like that....
Multiple Outlets to sell - The Finance Committe on Board - they are moving forward - they have stabillized their rate and they are continuing to stabilize their rate and hopefully Shabibi will be ready for the next major thing he is going to encounter which will be his tariffs coming up and ready to go

Government

Maliki the cat of Nine Lives has certainly staved off vote of No-Confidence at this point...
Talabani has decided that he really wants to work this out amongst the presidencies and get everybody together
Kurds have kinda flown back to Kurdistan - hanging out there trying to figure out what there next possible plan of action is
and they realize they want to pressure - they want to get the 140 implemented and they want to get the things that have been decided on done and ready to go
We've got changeover coming in with America's US representation over there and the political ends can start putting pressure on them to get things done
Personally we don't have a dog in the race other than we want to see the government formed well enough so they can RV
and obviously Shabibi seems to be moving at breakneck speed to try and stave off these things to get this done
He wants to feel somewhat confident though he's not truly looking at the political situation more so than how it affects him...
If you have a government that wants to come and take your reserves for whatever crazy reason and take over your bank...you certainly would want to have all the laws passed that make it free and independent - Once your banks are free and independent of the government then the government can do whatever it wants
They are not quite free and independent of the government yet so thats why there is concern from him - because he doesn't want to get something started and have the government take everything away from him - put him in jail and take over the banks because the way the laws are set up it favors that to a certain degree -
He would like to see these legislative things done - get the Finance Committee on his side so they can pass all this legislation
get it done..get it thru - change regulation so that banks have more freedom to do the lending
We talked about lending to the people in the second article we read - lending to the people - getting small business loans to the people so they can do what they need to do to start their own businesses....
just a tremendous plan being worked and moving forward from Shabibis side

From our side we are going to watch the way this political process plays out - What we want from the standpoint of the RV - We want to see 140 implemented - we read about the 140 Commission saying it is pretty much here - we have the groundwork laid for you guys - lets go ahead and figure out how to solve the 140..
Now some people will say well they are signing contracts then that means they must have it in place - Truly you can't have the 140 in place because they are telling us they don't - so it means all of these things being signed are unconstitutional - they can sign them but somewhere down the road when it comes time to pay or collect the people who are not being considered in the transaction which is either Baghdad or Kurdistan one of the two can come up and challenge these contracts - and the people left holding the bag are the oil companies people that signed them...
They are going to say well you signed them with these people....you knew there was supposed to be 140 but you went ahead and signed them with the Kurds anyway - then you say well we did it because we wanted to take early advantage of the situation - that was the risk they all took but that would take away so much and so much more money would flow at that point in time from the oil companies because they would know they are going to get paid and its not there - It doesn't mean they can not sign contracts..they can sign contracts all day - its just the constitutionally of those contracts....so keep that it mind
We are rigorous thinkers - we don't take things for granted -we look at the logical conclusions and say this is what they need
in order to be stable so they can exist in the business community because thats how business is done on contracts that are constitutional to the governments that are there
Thats the way it is done in the Middle East

We would like to see the ministers seated - that would be great to start sharing the power - Give these people more power - the Kurds and the other people that need it - truly if he gets 140 passed the Kurds will probably be a little less aggresive on that side
because you know what they truly know that each region is going to have their own support - their own armies, etc - not really well defined just yet - those battles can be fought down the road a little bit longer because they really don't have a huge army like Sadam did at the time he was there - It will take them a long time to build that up for projection purposes so I think you can see alot of these things going on....we are settling down now with everything we see out there

We read about the violence going away - We talked about more people coming back...its getting safer over there so people are coming back - we discussed the government is starting to punch out some money to the families and people - what better thing can you do to start the middle class and get them going - RV your money - give them value - give them more purchasing power so they can actually start to buy and want to invest, etc....This economy will Boom with all these things happening.....
Remember the taxes tariffs are probably not so bad.....having those there they can start to restrict the flow of money going in and out of the country to keep alot of that in the country while they are moving thru this implementation of the RV of their currency
So lots of positive things happening when you put it all into perspective
And of course we talked about the taxes and tariffs are getting done...pushes it thru quicker and quicker

Mike and Tim discuss "Currency Classifications"
Exotic Currencies now called Emerging Market Currencies...
Great information to read - Check out the link under News Articles below and on our website

And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!

The I.Q.D. Team, Ltd.'s News Coverage
for Thursday, June 7, 2012

CBI / ECONOMY

Good is called an advance of 5 million percent salary

Iraq is trying to once again support the dinar and the dollar to stop the flow of outside

Deputy: open multiple outlets to sell the dollar is good, and does not affect the cash reserve

=========================================================

GOVERNMENT

Jaafari confirms the continuation of efforts to eliminate the problems that hinder the progress of the political process

The Commission on the implementation of Article 140 of the Constitution issued its fifth annual

Internal resettlement to end in Iraq soon

Iraq Taxes and tariffs law ready for implementation

CURRENCY CLASSIFICATIONS

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
SOME GREAT Q & A TONIGHT AS ALWAYS

We are getting closer every day......GET R DONE!!

Conference Call Replay - June 7, 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#

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