The IQD Team
Investigate, Question & Deliver
April 22, 2012
Highlights/Summary & Replay of CC
Conference Call Replay - April 22, 2012
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)
We talked about tariff laws being enacted - they are pushing the tariffs to be enacted - Its almost as if the government is trying to drive up inflation so they can scare the people so when they do take over or
or want to take over the Central Bank that they are convinced they are doing harm to the country...and thats going to be the reason they are going to give to the people so the tariff laws are moving....June seems to be a big date - they want to put those on
Now you have the Central Bank saying they need to raise the value of the dinar again because the pressures are on
Think about what they are doing politically thats not in conjunction with everything thats going on in a coordinated effort with the Central Bank
It almost seems like everything we have been reading if you look in the past you start seeing it they have a coordinated effort to work against them and one thing
We talked about basically we had an article from a blog that we discussed that was kinda cute...
Dr Shabibi is in the right place at the wrong time
He is...Shabibi is one of the most brilliant men in this whole process....He knows what he is doing...he knows exactly where he is going - he knows exactly what he wants to do but he is being stopped at each step and as the article said..
Will he retire - Will he go away? Obviously if the Central Bank were to be taken over by the government he would go to the wayside and they are kinda talking a little but about that - its going to interesting to see - As I said, my opinion is always on the central banking system they always tend to win out in these places - you want to see them move to that because they are the bankers....they control the finances....they control the economy
Moving to the government...
The government moving forward getting the oil money out to the people
and electronic transactions passed so that they can have people do these things electronically
You dont put the cart before the horse on these things
You have to have the technology and it has to meet with the technology
The technology is there and in support of the banks - the things they need as we have discussed - Its to support the banks and some of the things they need to move forward - Some of the things that need to be passed before any type of RV can happen
Now at some point in time whether the government takes over the Central Bank or the Central Bank stays in tack in order to move forward THEY HAVE TO RAISE THE PRICE OF DINAR to the dollar
Whoever gains control is going to do that - they are arguing over the way they are doing it and the process right now
but they all know it needs to happen but you have things going on
Lines are being drawn in the sand
Allawi and Barzani are getting together...Talabani is out there trying to support saying lets not do anything drastic - lets get the meeting lets get it all together
Allawi and Barzani saying why should we show up - We dont have the power your promised us and its been almost 8 yrs...and we are still waiting to get our say in whatever needs to be done or passed
We want our power...
Quite honestly Barzani was around meeting with everybody
An article today that said US going to hold back F16 to Iraq while Maliki is in power - So you have that type of pressure it is starting to bear on him - He's maybe going to Iran to drum up some support to get some other stuff - He's definitely trying to get the people who will support him with what he wants to do in line and he certainly has the support...always been somewhat friendly to Iran..Those are dangerous waters for him to walk - Lot of things that can happen...Lot of consequences for him going over there and doing what hes doing
he's just reacting - obviously he wants to be out of the country at this point in time
Theres lots going on - they can get things passed - you can rest assured over the next few days we will hear what direction that is over the next couple of days should be alot of news on whats going on
National alliance is kinda saying we would like to support what we have in place but we all need to get along - they are saying the right things...politicians are saying the right things but the leader up top is not doing those right things....give up those positions and you might get the support you need to move forward - and you might see the reaction - 0bviously there is a different plan for that person who is in charge
and moving forward - hence you see where we are at
Not a stalemate....it is moving forward
There are alot of pieces in play and until the pieces kinda get decided and where they are at we have to see what goes on - and see where they are going to be when they all fall down
Who is going to go where......who is going to sign those contracts...whats the validity of this power play that is going on
and obviously it has been going on for the last 2 years where Maliki has been trying to mess with the Central Bank and bring that under the Government and have control and have the ultimate power
Once you have all that power ..you've got the money and the people
you will pretty much become that dictator everybody has not wanted in place but there you have it...If you've got all of the power and all that you are moving forward
So good bad and indifferent...NO.....lots of good things going on...
these are the type of days where we get lots of articles that are in between because people are drawing up their plans and not too many want to release what they are going to do
So try not to fill in the missing pieces and spots by letting your mind go down with negativity - I have people who will call me or email me that they have read a negative article or post and ask Is this really going to happen? Is this going to move forward?
At some point in time they have to add value to this currency
Thats the bottom line.....how they do it ..how the sausage is being made is tough - anytime you have the average public involved with something that has to do with speculation everybody freaks and panics - when truly you look at it the panic and freaking makes people get out of the way - Lot of people won't go thru with it because they get too excited or can't handle the pressure and they get out...and then 6 months from now...2 months from now.....2 days from now...when everybody starts jumping thats when it will go - its the same mentality that keeps us right where we are each and everyday in our financial situations - it keeps us from letting go - natrually there is a risk with anything - you can read one or two bad articles and 1 or 2 good articles and you can surmise either way - and you can listen to alot of people who have no idea how this process works try to explain to you how it doesn't work or people who say they have gotten out of the business - saying they are done and thru and they want to save everybody from this - thats great I guess but I just dont think people are all altruistic and have everybodys best interest based on what I see happening in the community - the patterns do not hold up - if you check the patterns there are alot of patterns that are out there designed to make you go up and down on the roller coaster.......
Read the news...become unemotional about it
understand whats going on over there is a normal political process and it will take its toll and go thru and do what it needs to do and eventually it will come out on the other end of that process and things will move as they are moving - there are lots of factors we don't know about that happen in the background - pressures that come in and things we will never read about but we get to see the end product because it is never going to show up in the news - thats exactly how it all happens in the political scene - you will see articles with a stern warning - calls get made - people answer those calls in the middle of the night and there are consequences for things that they do
and it looks like until we see the way the lines are drawn in where we are at - We are either going to see a Vote of No confidence or Maliki's going to get on board and going to move forward with whatever form of government he has
EITHER WAY THERE'S GOING TO BE SOME SORT OF INCREASING OF THE VALUE OF THE DINAR NO MATTER WHO IS IN CHARGE OR WHO IS IN POWER...SO KEEP THAT IN MIND
What would help all of our listeners who doubt their investment is to read the Future of Iraq Project - its on our web site - it helped all of us - and to follow the news
You have to give everything the sniff test...it is doesn't make sense to you when you are reading it.....We receive so many emails asking us our opinions and saying can you read this article or blog post and saying it just doesn't make sense - Well you have basically already told us it doesn't make sense to you why go any further than that?
The economy and economics work a certain way - banks work in a certain way - Things happen very much below the seams
Every one of these things like to play on your natural insecurity - natural doubt you have about banks...natural doubt about government - natural fear you have that everybody is out to get me and this is not going to happen...well when you do a currency transaction when you get into a speculative investment there are certain things that are going to be the risk and the reward - the higher the risk..the larger the reward - there is a high reward at the end of this....there is alot of risk and the risk is what we are seeing..the government - the things that are going on - its normal in this situation
So you need to take break and sometimes you need to get away from it - Put it down- walk away from the computers
Dont fill yourself with all this negative thats going on out there
The more you do this the worse it gets spend some time - read the bible or something - do something productive that will help settle your mind instead of listening to the craziness that goes on out there and find peace - find peace and however you find that peace is good...Go for it - don't get on that roller coaster...stay off that roller coaster - and understand its not the end of the world if things don't come out at the rate you have been told....its a tremendous value no matter what price this comes out at - so stop listening to these people who are saying every day it is going to happen at 14.00...12.00... it plays on your natural fears and the more you can stay grounded the more you can stay away from that - there is a process this has to got thru...not one of us on this call or any call can change that process - its going to happen the way it is giong to happen regardless of what any guru says
Watch the patterns..Monday into Tues....Tues into Wed etc etc and it is just nonsense
If you know anything about the banking system and the way it is - it just does NOT happen his way..and these people will be the last to know.....
If you go looking for trouble and you go looking for negativity you will find it....Theres alot out there....They are going to sound great but they might not have your best interest at heart
The best con man in the world always sound the best to you - They play on what you want to hear - they will be there to help you and give you all these things and they know secret info, etc etc you've heard it all - theres always the sniff test - use it and your common sense and stay grounded
Meetings coming up and lots going on...World Bank...IMF....Kuwait.....So many meetings happening the the next couple of days....Lots to look forward to...Stay grounded
Myanmar - We talked about this about 3 weeks ago....Christine Lagarde IMF talked about it in her speech the other day...it was great to see
Very good thing and they were supporting it - moving forward with it and basically she should say great things about it
Thats what she wants to have happen to these smaller countries -to move their currencies into the intl realm and and start adding more money and resources to the pot - Thats how they determine they are going to try to fix the economic situation it to make the pot bigger and bring more people in that pot and thats one way to do it
Article received during the Recap...Breaking News and National Meeting send in by 3 of our listeners...Meeting 5Pm Tuesday
Understand that Malike wants the National Meeting now because he sees it as a means to an end - understand that the Kurds do not want to show up until they have certain assurances that they will get their power because their powerless at the Natl meeting because they get out voted - so you can go to that meeting and come out of that meeting with nothing and you can end up with the government moving forward the way Maliki wants it to go forward and they have nothing to show for it and thats what they are afraid of - quite honestly thats whats going to happen if this meeting moves forward without certain assurances that they are going to have that - One of those assurances for them to move forward would be to have them seat both of those ministers before that meeting - I dont think that thats going to happen...so we will have to see what kind of pressure they are going to put on...Keep that in mind
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, April 22, 2012
CBI / ECONOMY
Finance Committee: customs tariff law will contribute to the reduction of the dollar
Central Bank pledges to raise the value of the dinar again
Shabibi! Greetings! You are in time and the wrong place!
Finance Committee: Parliament addressed the Ministries of Finance and Planning to determine how to distribute 25% of the surplus oil imports to the people
Parliamentary services: the need to speed up the enactment of the electronic signature and electronic transactions
IS source: Allawi holds "important" meeting with Barzani today
Talabani plans to extend invitations to attend the national meeting
The National Alliance and reaffirms its support for the Maliki Government attributed
The arrival of Al-Maliki visit
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 - April 22, 2012
760-569-7699 Pin 769478#
As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A
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