The IQD Team
Feb. 21, 2012
Highlights/Summary & Replay of CC
Thanks to Mark for the summary
Conference Call Replay - Feb. 21, 2012
Download/Playback
or 760-569-7699 Pin 769478#
Mike summarizes tonights News:
Theme for Tonights Call
JUST WHEN YOU THINK IT COULD NOT GET ANY BETTER....IT DOES
Moving forward at breakneck speed...Urgency to get things done
Shabibi went to Parliament today...Announcement was posted on the Iraqi Government website
"Today hosted Dr. Shabibi ..........."During the meeting, DISCUSS THE IRAQI DINAR EXCHANGE RATE and inquire about the health of entry of counterfeit currency into Iraq as well as the obstacles that are facing the Central Bank in order to develop solutions."
He had a sit down with the Finance Committee with whats going on with the economy and how they are going to get things done
He came out...had a meeting from there...talked about how they are going to delete the zeroes which means they are going to put out new currency... that they have a timeline out there....Parliament believe it needs to be as strong as a dollar and they are on board with everything that these guys are doing and moving forward
And Parliament for the first time in a long time are finally understanding what it means to delete the zeroes
That they are going to add value to the Iraqi dinar and not subtract value from the Iraqi dinar
They no longer believe it is going to hurt the economy.... that its going to help the economy
That is a MAJOR MAJOR stepping stone
CBI is continuing to educate there people putting out articles on a daily basis to let them know this is going to happen...that it will be
very smooth with no bumps in the road
They will be able to go to the bank to exchange their currency..you will be able to get your currency and this is what you should expect to get ....and here are the denominations that are out there
We need to Remember that the biggest fear he has that when this goes over is that you will have street vendors and people that will rip off the common people when they go to exchange and take their dinar from them thats more valuable and maybe give them a less valuable dollar or something thats less valuable for them to have
and they are going to have less purchasing power in the community
Think about it ...if we were to change our dollar and then add different values to them how it would be
if you are a merchant and somebody walks in with the old dollar and doesnt know what they are doing and you are not above
board you are going to take advantage or have an advantage over the consumer because they dont understand what they have
CBI has got to educate the people
we believe they are in the process of doing that right now and that they are way into the process of doing that
As we go thru the steps....They Finally told them that their dinar is worth money..their reserves are worth money to hang onto it
Now we've gone to Phase II of that..which is your dinar is going to be at least equal to a dollar..please dont get rid of it...hang onto it..
its going to have value...purchasing power and here are the new denomination amounts
this is what you are are going to expect to see
we should see articles like this over the next few days so they can start to get ready...starting to tell them how to go and exchange it ..where to go to exchange it so that when it happens and they start broadcasting it all over the screens that are all over the place that people will understand and have an education process and the'll have less people who will be harmed when they go to exchange their money
Budget was moved after this meeting where Shabibi said he is going to try to fix this counterfeting or these auctions things that are going on "and it will be announced within two days" and then all of a sudden budget was moved to Thursday...then late article moved it to Monday to vote on
Maybe we will see it by Thursday....I expect to see it next Monday possibly even next Thursday because they tend to want to vote on things on Thursday because they have everybody there from that standpoint and as we also learned the other day they will be fined for not being there
Upcoming summit going very well and seems to be a rush to get things done
Before the Arab Summit from a Government standpoint
Lets get all our differences and put them aside
lets make sure we have ourselves looking as great as we can
We read today people are starting to get a little unrest....some worries that they may want to have some demonstrations and it
would be really nice to have a government that is together and a a currency that we can share some of the wealth back with the people
and all the programs we told the people about 2 yrs we are finally implementing them...no longer just talking
Remember the amount of mistrust out there..people dont trust these people from the standpoint of what they say and what they are going to do
We heard Hashemi trial moving forward and that bargaining chip is moving forward
also Heard they are anxious to get to the Summit because Kuwait really wants to get them out of Chapter 7
They discussed with James Jeffrey the priorities of the government in preparation for the Arab Summit including "the full withdrawal
of Iraq from the provisions of Chapter 7".
The dominoes are starting to fall
We are starting to see all the things we talked about months ago are all starting to move forward
they could fall very quickly or they could take their time...we could see them one at a time or we could see them go all at once
Absolutely Wonderful evening of news
Keep ourselves balanced as we listen to this news...and understand it is news...its good news...news we expect and news that is positive thats going forward
YOU SHOULD FEEL VERY GOOD ABOUT WHAT YOU ARE INVOLVED IN.......that at some point in time in the future like as they are telling the Iraqi people theres going to be value added to the dinars you have in your hands
Remember they've told us they are going to run CONCURRENT with the bills that are out there
So you dont have to worry about what you hold being worthless or not worth anything
Because it doesn't matter... you are not in Iraq....you dont have to worry about exchanging your dollars
You have the currency in your hands..... when it revalues you will look at the CBI and that will be the rate you will get..you dont have to do anything with the dinars you have....we are just sitting back waiting for that to happen
Everything else will go on inside the country
Remember we get the exchange rate - they get the extra value added for their purchasing power and then we they go outside of their country they get the exchange rate to buy extra things when they are outside
Remember don't get depressed...don't get confused... when you read or hear things you dont understand....
The news is all very very positive...good stuff going on and all moving in the right direction
I do believe this is on a course where it is gaining enough momentum and synergy that it is going to be unstoppable for things to happen
Remember they still have the masses to deal with it...you can't let that get out of hand...once it hits that you have to deliver with what you are saying at some point soon so people don't get restless and they will start to believe in you and your currency
There you have it.....EXTREMELY GREAT NIGHT OF NEWS
The I.Q.D. Team, Ltd.'s News Articles Coverage
for Tuesday, February 21, 2012
SHANNAN'S COVERAGE
Economic parliamentary: Remove zeros from the Iraqi currency end of next year
Economic support of the parliamentary proceedings emphasize the central bank exchange rate
CBI in process of dropping zeros from IQD
New measures to maintain the value of Iraqi dinar
=======================================================
MIKE'S COVERAGE
Central Bank to take new measures to curb the smuggling of currency
Comittee on Economics and Investment will host Iraqi Central Bank Governor
Mahmoud Othman: the vote on the federal budget next Thursday
Finance parliamentary rule out the vote on the budget next Thursday
Deputy for Iraq calls for a national meeting prior to the upcoming summit
High Criminal determine the third of May, the next date for the trial of al-Hashemi
Zebari discuss with Jeffrey bilateral relations and the priorities of the government in preparation for the Arab Summit
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 - Feb. 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#
Feb. 21, 2012
Highlights/Summary & Replay of CC
Thanks to Mark for the summary
Conference Call Replay - Feb. 21, 2012
Download/Playback
or 760-569-7699 Pin 769478#
Mike summarizes tonights News:
Theme for Tonights Call
JUST WHEN YOU THINK IT COULD NOT GET ANY BETTER....IT DOES
Moving forward at breakneck speed...Urgency to get things done
Shabibi went to Parliament today...Announcement was posted on the Iraqi Government website
"Today hosted Dr. Shabibi ..........."During the meeting, DISCUSS THE IRAQI DINAR EXCHANGE RATE and inquire about the health of entry of counterfeit currency into Iraq as well as the obstacles that are facing the Central Bank in order to develop solutions."
He had a sit down with the Finance Committee with whats going on with the economy and how they are going to get things done
He came out...had a meeting from there...talked about how they are going to delete the zeroes which means they are going to put out new currency... that they have a timeline out there....Parliament believe it needs to be as strong as a dollar and they are on board with everything that these guys are doing and moving forward
And Parliament for the first time in a long time are finally understanding what it means to delete the zeroes
That they are going to add value to the Iraqi dinar and not subtract value from the Iraqi dinar
They no longer believe it is going to hurt the economy.... that its going to help the economy
That is a MAJOR MAJOR stepping stone
CBI is continuing to educate there people putting out articles on a daily basis to let them know this is going to happen...that it will be
very smooth with no bumps in the road
They will be able to go to the bank to exchange their currency..you will be able to get your currency and this is what you should expect to get ....and here are the denominations that are out there
We need to Remember that the biggest fear he has that when this goes over is that you will have street vendors and people that will rip off the common people when they go to exchange and take their dinar from them thats more valuable and maybe give them a less valuable dollar or something thats less valuable for them to have
and they are going to have less purchasing power in the community
Think about it ...if we were to change our dollar and then add different values to them how it would be
if you are a merchant and somebody walks in with the old dollar and doesnt know what they are doing and you are not above
board you are going to take advantage or have an advantage over the consumer because they dont understand what they have
CBI has got to educate the people
we believe they are in the process of doing that right now and that they are way into the process of doing that
As we go thru the steps....They Finally told them that their dinar is worth money..their reserves are worth money to hang onto it
Now we've gone to Phase II of that..which is your dinar is going to be at least equal to a dollar..please dont get rid of it...hang onto it..
its going to have value...purchasing power and here are the new denomination amounts
this is what you are are going to expect to see
we should see articles like this over the next few days so they can start to get ready...starting to tell them how to go and exchange it ..where to go to exchange it so that when it happens and they start broadcasting it all over the screens that are all over the place that people will understand and have an education process and the'll have less people who will be harmed when they go to exchange their money
Budget was moved after this meeting where Shabibi said he is going to try to fix this counterfeting or these auctions things that are going on "and it will be announced within two days" and then all of a sudden budget was moved to Thursday...then late article moved it to Monday to vote on
Maybe we will see it by Thursday....I expect to see it next Monday possibly even next Thursday because they tend to want to vote on things on Thursday because they have everybody there from that standpoint and as we also learned the other day they will be fined for not being there
Upcoming summit going very well and seems to be a rush to get things done
Before the Arab Summit from a Government standpoint
Lets get all our differences and put them aside
lets make sure we have ourselves looking as great as we can
We read today people are starting to get a little unrest....some worries that they may want to have some demonstrations and it
would be really nice to have a government that is together and a a currency that we can share some of the wealth back with the people
and all the programs we told the people about 2 yrs we are finally implementing them...no longer just talking
Remember the amount of mistrust out there..people dont trust these people from the standpoint of what they say and what they are going to do
We heard Hashemi trial moving forward and that bargaining chip is moving forward
also Heard they are anxious to get to the Summit because Kuwait really wants to get them out of Chapter 7
They discussed with James Jeffrey the priorities of the government in preparation for the Arab Summit including "the full withdrawal
of Iraq from the provisions of Chapter 7".
The dominoes are starting to fall
We are starting to see all the things we talked about months ago are all starting to move forward
they could fall very quickly or they could take their time...we could see them one at a time or we could see them go all at once
Absolutely Wonderful evening of news
Keep ourselves balanced as we listen to this news...and understand it is news...its good news...news we expect and news that is positive thats going forward
YOU SHOULD FEEL VERY GOOD ABOUT WHAT YOU ARE INVOLVED IN.......that at some point in time in the future like as they are telling the Iraqi people theres going to be value added to the dinars you have in your hands
Remember they've told us they are going to run CONCURRENT with the bills that are out there
So you dont have to worry about what you hold being worthless or not worth anything
Because it doesn't matter... you are not in Iraq....you dont have to worry about exchanging your dollars
You have the currency in your hands..... when it revalues you will look at the CBI and that will be the rate you will get..you dont have to do anything with the dinars you have....we are just sitting back waiting for that to happen
Everything else will go on inside the country
Remember we get the exchange rate - they get the extra value added for their purchasing power and then we they go outside of their country they get the exchange rate to buy extra things when they are outside
Remember don't get depressed...don't get confused... when you read or hear things you dont understand....
The news is all very very positive...good stuff going on and all moving in the right direction
I do believe this is on a course where it is gaining enough momentum and synergy that it is going to be unstoppable for things to happen
Remember they still have the masses to deal with it...you can't let that get out of hand...once it hits that you have to deliver with what you are saying at some point soon so people don't get restless and they will start to believe in you and your currency
There you have it.....EXTREMELY GREAT NIGHT OF NEWS
The I.Q.D. Team, Ltd.'s News Articles Coverage
for Tuesday, February 21, 2012
SHANNAN'S COVERAGE
Economic parliamentary: Remove zeros from the Iraqi currency end of next year
Economic support of the parliamentary proceedings emphasize the central bank exchange rate
CBI in process of dropping zeros from IQD
New measures to maintain the value of Iraqi dinar
=======================================================
MIKE'S COVERAGE
Central Bank to take new measures to curb the smuggling of currency
Comittee on Economics and Investment will host Iraqi Central Bank Governor
Mahmoud Othman: the vote on the federal budget next Thursday
Finance parliamentary rule out the vote on the budget next Thursday
Deputy for Iraq calls for a national meeting prior to the upcoming summit
High Criminal determine the third of May, the next date for the trial of al-Hashemi
Zebari discuss with Jeffrey bilateral relations and the priorities of the government in preparation for the Arab Summit
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 - Feb. 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#