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The IQD Team Highlights Summary Replay Conf Call 3-6 Latest GREATEST Iraq Dinar RV News

3/7/2012

 
The IQD Team Highlights Summary Replay Conf Call 3-6 Latest GREATEST Iraq Dinar RV News   The IQD Team Conference Call
March 6, 2012
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Conference Call Replay - 
March 6, 2012
Download/Playback
or  760-569-7699   Pin 769478#

"Straight Talkin" Mike summarizes tonights News:

We talked about a couple of articles on the economy/CBI
Several economists have come out and said this is great
We are on board with the deletion of the zeros and we need to get this done now because the longer we wait the more damage its going to cause to the economy
They said...hey this has been done before..don't be afraid of it people....
WERE GOING TO INCREASE THE VALUE OF WHAT YOU HAVE...
IT WILL BE A POSITIVE THING FOR THE PEOPLE OF IRAQ
This is excellent...becomes more and more training for the people so that they can understand that THEY ARE GOING TO HAVE NEW CURRENCY AT SOME POINT IN TIME AND THAT CURRENCY IS GOING TO HAVE MORE VALUE AND THEY ARE GOING TO ENJOY THE BENEFITS...
That other countries have done this before...Turkey has done it the wrong way and they are going to be able  to do it even better because they have seen how this is done the wrong way
When Turkey devalued their currency before they did anything
and even Shabibi has mentioned this in the past before that is something for him to learn from but he's got a better idea
its great to have a case study of this going on and happening
It certainly good to see these articles out there and we are seeing them every day

We talked about the oil money being held in US Banks and that this really doesn't have an effect on the RV but what it really does have an effect on is Chapter 7 and that they want that protection so people can't come and take their funds..oil funds and do what they want to do with those oil funds
We talked about maybe Egypt trying to get in and taking these funds laying claim to them while they are still in Chapter 7
and they have no protection to protect these things....people can sue them..come take them and they wouldn't have any rights to them
because they are in Chapter 7 and they would have to divy these things up if someone layed claim to that
Well By May of this year hoping to get full control of those funds..which is great - helps their economy...but the biggest things is thats probably the latest date when they are going to be out of Chapt 7 ...we believe much sooner

We read tonight that Chapter 7 is in the hands of the UN
Kuwait has said we have been satisfied with everything that you all have done...We are happy - there is not a problem with the Port of Mubarek..its okay ...were good...we've cleared up everything
they've sent word to Talabani that they are going to be at Arab Summit this year and that they are anxious to be there....to participate
Saudia Arabia is going to be there...we talked about the Coalition
of Saudi Arabia, Kuwait and Iraq becoming a force to be recogned with in the oil induistry
One of the articles we didn't read is that they've elected one of the people from Baghdad to be the head of OPEC for them
That is a very very big position so it looks like Baghdad is going to have control of OPEC and going to be a force to be recogned with on OPEC
Between the 3 of these countries they should have a big influence on what the price of oil is going to be and THATS GOOD NEWS FOR US
and that Saudi Arabia is our ally and they are trying to get this voting bloc together for the future of keeping those prices somewhat stable although things can happen to move those things up...we are hoping that that can be a positive thing that can happen

We read an article on them about getting the Oil & Gas Law together because it can affect their economy
they are moving forward...lots is going on...
We talked about the oil funds....its about time they decide who is going to sign those contracts
I think what it is going to end up with is that that Baghdad is going to be signing those contracts and/or okaying those contracts
as they come thru the states that will take a share of the money for that
That will help them run OPEC and do what they need to do and be very good so that they can administer these contracts from one proper place in Baghdad...thinks its ABSOLUTELY WONDERFUL SEEING LOTS OF THINGS MOVING FORWARD

As we have discussed, we are starting to see that maybe the National Meeting is kinda happening in the background and they are getting these things together in these Preparatory Meetings...we read an article today that basically said maybe we dont need this meeting because its already happening and
Then I am kinda laying a little bit out there on the table tonight
saying that I think maybe we are starting to see the winds of change
We are seeing Allawai who has stepped down to take a different position- a position that maybe would help them implement Erbil
We are seeing maybe Talabani coming to the forefront..coming to the US for treatment..quote unquote
Maybe we will see something's different
Maybe we are starting to see the signs of a new government thats going to form in Iraq and move forward
Maybe Maliki is going to step aside
Maybe Talabani is going to take a more prominent role...He has always always been someone who has gotten a lot of things done
To see him take the forefront would be awesome for us and we would know he would get things done
And that he has the Iraqi peoples best interest in mind
so really lots of good things going on

If I would sum it all up..I would say things are moving forward at a pretty good pace
Dr Shabibi with him being out there and starting to talk about the RV, deleting the zeroes and wanting to do things...
He has kinda put the pressure on Parliament because these things are usually alot more quiet than this
HE IS BACKING PARLIAMENT INTO A CORNER AND SAYING GET YOUR THINGS DONE OR I AM GOING TO DO THIS...YOU DON'T UNDERSTAND HOW IMPORTANT THIS IS TO THE ECONOMY
I AM ON A TIME FRAME AND IF YOU GUYS WANT TO PUTZ AROUND..GO AHEAD BUT I AM GOING FORWARD
AND HERE IS MY DEADLINE......you know When you see dates like Sept and Him putting a deadline out there
it is not for us its more for Parliament to say I AM SERIOUS...LETS GET THIS ON....WE ARE GETTING THIS OUT OF HERE
just a very good thing for them to be moving forward
ITS JUST BRILLIANT ON SHABIBI'S PART TO REALLY MOVE THIS FORWARD THIS WAY...ITS ALL GREAT!!

There you have it.....The Straight Talk Express with Straight Talking Mike....Another night of Great Positive News

The I.Q.D. Team, Ltd.'s News Articles Coverage
for Tuesday, March 6, 2012

TONIGHT'S NEWS COVERAGE

ECONOMY

Economist: delete the zeros a very positive step given the strength of the currency and eliminate cash-density

Economist: delete the zeros is an urgent need to raise the value of the Iraqi currency in the market

Advisor to the Prime Minister: most of the money and Iraqi oil revenues are deposited in U.S. bank

GOVERNMENT

Deputy for the law: the three blocks until now failed to reach agreement on the date of the national meeting

Barzani: This is why we do not get our rights

News and Reports : related to participating in the Baghdad summit / Zebari receives message from Emir of Kuwait to President Talabani

Member of the Economic Commission: a failure to approve the oil law is slower wheel rotation natural investment goods

Sources: Port of Mubarak is settled and will not discuss it with al-Maliki

NEWS ARTICLE LINKS

What a great night of news, analysis, discussion and Q & A

Listen to the call for all the rest of the news analysis and discussion after each news article.....we are getting closer every day.....

GET R DONE

Conference Call Replay -  March 6, 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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