March 11, 2012
Highlights/Summary & Replay of CC
Thanks to Mark for the summary
Conference Call Replay -
March 11, 2012
or 760-569-7699 Pin 769478#
"Straight Talkin" Mike summarizes tonights News:
The Dominoes are in place
This leads me to the summary for tonight...
Where are we at in this process? Everybody asks that question including me...Where are we at.....
We read some great articles from the CBI today
The CBI has talked and started a committee for the deletion of the three zeroes
They've set a timeline of September to have this done
They've also stated from the CBI that they want to have the 2013 to be adopted with the new budget ...dollars from the new money that is there
They start deliberating on that budget in Sept
so they need to know what the value of that currency is in September
Leap forward...We discussed the IMF
IMF came out and said We like your banking system
You've completed everything we have asked you to complete in the banking system because they had some things to complete
you need to make sure your govt owned banking system ..you divest from that and you move forward in giving the national banks the opportunity to come in and do the things that they do
They've agreed to looking at the budget and saying that there current budget looks good...Everything is great - we are happy with it and BY THE WAY WE SUPPORT THE DROPPING OF THE 3 ZEROES
which in turn builds pressure onto the Parliament to get things done
We Learned they are ready to discuss the agenda for the National Meeting
We know that the Natl Meeting needs to be done
My opinion is that in this National Meeting they are going to really
come to the formation of their government and seeing how it is run
we've see glimpses of that over the last week and 1/2 with articles we have read that They are starting to act and we are starting to see different people coming to the forefront
If you look at the news...The Kurds, Barazni they have new governments forming underneath..their branches underneath them...people are moving around
Allawi stepped to the wayside...alot of different players moving along...This is the precursor to this National Conference to get these players in place to move forward
We are hearing Kuwait is ready to invest in Iraq and that is kinda all done
We talked about the WTO.....
As we have pushed all of those things off there is great pressure for Shabibi to #1 get this done
Shabibi has put alot of information out to the public
He's put pressure on Parliament because he knows by September he has to have his new currency out which has to have some kind of value so that they can ascertain what that budget is going to be
We talked earlier that you've got coins and things that you are printing..they have specific value so you can't put out currency thats going to be less valuable than whats printed on it or what you are putting out
All these things together - when they start talking about dropping the 3 zeroes they are talking about worn torn countries getting their economy back on and thats done by the process we know of as RV'ing or reinstating...we know they had a strong viable currency in the past of 3.22 befroe all of that... before the war and in the 70's they had a very viable currency that was pretty much out there and backed....We know that they have the resources....seeing articles that are telling us that there resources are very deep and the oil resources are bigger and better than expected...
That there outlook for being in OPEC is just tremednous
they are going to head that..they are going to be a part of that
You have the Arab Summit coming at the end of this month which is very important for Iraq to put on a good face...to make sure that they can present a country that is together..... a country that has one vision to move forward and that people want to deal with them and go forward
and you are going to hear articles coming up on getting the last thing out of the way..which is the HCL agreement done
and theres alot of articles out there...still fighting about it...nothing really definitive yet....
Its all moving toward this pressure point
That pressure point is the Arab Summit
They need to make sure there government gets done and that they look like a government..not necessarily that they have Rv'd their currency but they definitely need to make sure their government is in place and that they can function and get the Arab countries to come together and invest
Two....how can they sit there and talk about the other regimes problems because the arab conference is going to come out with things about Iran and Syria and tell them we want you to be better government and all of this other stuff
you look kinda funny if your government is not set or stable...to go ahead and call other peoples government unstable
and we want you to do this..so it takes away from the credibility of all of that nonsense when thats out there
Theres a good amount of pressure being pushed forward
and I think you see alot of that being expressed in the community out there....
We dont know the date and time he is going to RV
We certainly see the pressure points are building
We certainly know his drop dead date is Sept to get his currency out there and to delete the 3 zeroes...and RV....somewhere along that process he has to do that RV
He is pressured to the point because he's got inflation going on
that he has to do something soon and I dont think hes talking about waiting til Sept. to get that done based on what I have seen
Although he probably can wait if he is pushed
It all relies on the government being seated and that they are moving forward..he's got the support of the IMF...he's got the support of the World Bank
He has everything he needs other than his government acting and functioning like a good government
And doing what they said they were going to do..get Erbil done...etc
And truly more so to him than the government, I think it is the HCL....
he needs to know that those contracts are going to be signed - and not disputed and there is not going to be a problem with the oil reveneus because his economy is based on those oil revenues
so if you look at the HCL agreement he probably puts more weight on that than he does the ministers at this point in time
Because if he doesn't how they are going to signed...Are there going to be lawsuits that come up because something is not signed properly or not properly in place...not done according to the constitution its going to be a way hurt on his economy in the future when everything starts to bubble up and they start making lots of money and that stuff comes up
Looking at a really really difficult period of time for him to make sure these things get cleared up
So theres many many marbles in play
He seems to be ready to go and ready to do what he needs to do
once he feels comfortable that those couple of things left to move forward are done...
The Dominoes have started tipping..alot closer than we were year and a half ago....and again I always caution we don't know what we don't know......we don't know what needs to be done...what things have to be passed ...we can see them after the fact
We can guess at those but there are things that will need to get done
He's just got so much information out there now
that he is ready to do this and that he is done - he has been showing that signal lets hope parliament gets that signal and they can get it done so he can get r done...and we can all GET R DONE
Mike & Deb discuss the 3 updates concerning Iraq that were posted in the MRI Guide "Bankers Guide to Foreign Currency" which is a publication to let Bankers, etc know everything they need to know about foreign currency.
While there were no pictures of the New denoms (just articles) we are keeping an eye on this book...it is a great thing the banks are acknowledging this in these updates and that they should see a new currency
We always get people who ask is this really going to happen?
There is so MUCH GREAT INFORMATION OUT THERE..and this is one more resource that tells us that something is going on with this currency...at some point in time there is going to be some new denoms issued and that they are going to revalue that currency
Telling the banks that subscribe that something is going on with the currency
Book with updates
Update pages Nov 2011.....3 different postings about Iraq since Nov. 2011....2 linked to news articles and One discussing weight of the notes...Thanks to Delta for sharing this information about the postings with the dinar community and us..
For more information about this guide and to see the updates click on the Link below under News Articles Links...
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 Coveragefor Sunday, March 11, 2012
TONIGHT'S NEWS COVERAGE
Economic parliamentary and the Central Bank to form a higher committee to start deleting the zeros Currency
Central Bank: The financial budget for the year (2013) will adopt the new currency in Arabic and Kurdish
STRAIGHT TALKIN' MIKE'S COVERAGE
A seminar on Iraq's accession to the WTO
Iraqi Central: International Monetary satisfied with our reforms to the financial
Iraq expects Kuwait will write off loans: Dabbagh Maliki asks Kuwaitis to invest in Baghdad
The Preparatory Committee to meet national meet on Monday to discuss its agenda
MRI GUIDE INFORMATION WHAT THEY DO
MRI GUIDE - Updates
Iraq Gears up for Arab League Summit ~ Video
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 & the Q & A.....
We are getting closer every day.....GET R DONE
Conference Call Replay - March 11, 2012
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#