If I told you it was gonna RV tomorrow and it’s not RV’d and you’re at the bank in line, it just doesn’t matter. We know we have to follow money and follow the ministers.

             SORRY ABOUT THE LENGTH. WELL WORTH THE READ:    [currencychatter]I’m going to cover some intel I had gotten instead of listening to some intel…and show you something on paper instead of something you can’t track, you can track it. So, you don’t have to get excited when things are going on…following it…how can I get to the point I don’t go crazy. I know people are stretched out…I know people are stressed out. Anyways, I know all the things that are going on -- you have to breathe, take it easy, and understand what to look for then you don’t have to be pushed to and fro with what’s going on.
Some things of the things I’ve got…beginning last Wednesday – all these weeks look good…people in certain places look good, we try to cross, and we get information. The political leaders were meeting and then they were going to call a Parliament session – we expected the security ministers to come out, but they did the Vice Presidents which is fine, but the security ministers are necessary to complete the government which is the key and trigger for this thing to take off.

Later on, Friday, hey, there could be an RV this weekend…Okay – I don’t have a problem with that, but things have to go in place…Friday is a holy day…we finally got some individuals who said those guys are meeting right now. Then, the next day they did the same thing…the high level officials were meeting. That’s what I’m talking about…when we hear intel, it’s gotta match with the paper. Then we’re reading about what’s going on, it doesn’t make any difference. If I told you it was gonna RV tomorrow and it’s not RV’d and you’re at the bank in line, it just doesn’t matter. We know we have to follow money and follow the ministers.
Now, I kinda covered this week and next week is even a bigger week….Last Thursday and Friday, they were meeting and they came out with the VP’s…they came out and paid the Kurds. Why is that an important feature? Well, the Kurds only get paid through the HCL…they’re paid if the HCL is done. Is that a big issue, YES! It’s a major issue because I can’t express how much that was a major issue…once they start getting paid, you know the HCL is done….and the Minister of Finance actually paid them.
Now, why does that matter? That means the only people on the planet didn’t have to show a rate…the only guys…the only ones…they could take their reparations based on the dinar and know the rate is going to change and they know how long they’ll have to hold it. Bottom line, they showed us that they have to open the budget and that’s tremendous…they’re getting ready to show their budget, getting ready to show their ministers, and getting very close. It has NOT happened…it has NOT happened, but we’re getting very close. Okay…So, anyways, those are the things I’d like to tell you.
Another thing I want to cover is what else are we trying to get to…Everybody got an article that they weren’t going to make it in 30 days. The reason is their Parliament session is over on the 15th and that’s when the new Parliament session starts. The only way they can vote in anything is with a “special session”. Now, what came out in the last 2 days is they were calling “special sessions” this week and were going to do one on the security ministers.
This comes from one article….the heads of the political blocks will hold it today. Once it’s done, we should see a special session and the RV will take off. We’ll have an RV…we’re very close and all we lack is a special session – it could be Monday or Tuesday for them, but because everybody’s crunching them to get moving..I still think this week is a huge time, a huge area….I don’t want you to hyperventilate while you breathe. Keep your feet grounded and don’t get so wrapped up as to what’s happening that you can’t function.
I did send out an e-mail (don’t know how many people got it because of computer problems) – one of the things we’re trying to do is have the CC a little earlier.
It’s to the point now that the 2 things left is the SPECIAL SESSION and the SECURITY MINISTERS…that’s all and the reason that we got information that the guys were meeting and then 2 days later we get information that the blocks met…we’re not following it because someone says it’s going to happen…the only people in control, at this point in time, is that group in Parliament (special session)…when those things are shown, we’re off to the races!

Q & A
Q: What was the big hoopla about all the thousands of reporters that were supposed to be there?
A: Actually, that was true, but they only handed over 3 Vice Presidents…they did not handle the security ministers.

Q: Is that why the reporters were there?
A: I understood it taking off that the they called for the security ministers too, but they just didn’t get it done. They opened the door, handed a piece of paper to the media to read off the Vice Presidencies, closed the door and everybody expected to hear the security ministers were done.

Q: So they just handed a piece of paper?
A: Yes, and they just read it.

Q: I’d be upset if I went down there and there was nothing.
A: I’m sure there’s a lot of po’d people….alot in Iraq anyway.

Q: You’ve been consistent about these security ministers…my question is that Parliament met right today?
A: No, the political blocks met…the Parliament will only meet for the special session….they come up with a consensus and a Parliament vote. We come out with another session…they figure it all out and then go to the Parliament to vote and it’s almost a rubber stamp vote.

Q: Then, Parliament will have a special session this week – and they’re putting pressure on Iraq but could take place Monday or Tuesday.
A: I know it wasn’t today…you haven’t seen it in the paper…I’m looking at tomorrow or Tuesday. If it happens tomorrow, we can go to the bank on Tuesday…if it happens on Tuesday, we can go on Wednesday. We’re running a little bit behind…unless they did it early in the morning (8-9-10 am), could they not do it in the same day…then we could actually go to the bank the same day. Is it going to happen? I don’t know that for a fact yet.

Q: Do you expect a heads up with the special session with Parliament?
A: I expect it…whether I get it or not, I don’t know.

Q: You’re pretty confident based on the article that it will happen this week.
A: Yes, I was real confident this weekend but they messed around with the 3 ministers for 3 days with – what can you argue about?

Q: Week after week we’ve heard it’s going to happen with all the intell and I don’t listen to anybody except from your site..but last week and the week before when Bernake and Geithner spoke, they talked about an incredible tax increase that was going to come from with the federal government to cover our debt. That’s gotta be the RV, no?
A: We can assume that – he said he found this tax revenue guy so we don’t have to worry about the debt ceiling…I’ll assume that.

Q: Maybe it’s the RV which would make me sleep better.
A: I know they know about it…they could be counting their chickens before it happens, but they can calculate the 15% capital gains tax before next year …they can estimate it if they have so many dinar out there in the USA….let’s say there’s 2.5 trillion x 15% -- that’s how you know how much money you’ve got coming in. Another thing I want to say ….did everybody get the UN report that got passed around? If you scrolled down to the energy part, it actually stated how much the oil revenues were and it was 26.1 BILLION dollars…remember me telling you it was 1.8-9 that came out to be 21-25 billion dollars…I know I’m slow some time but that’s the numbers I’m talking about. Now that’s their official number and take that number and divide it by 89.1 billion – everyone can do that and that gives the rate that they HAVE to get to cover their budget.

Q: You’re great! I love listening to you….Also, somebody said we’re supposed to get barrels of oil at 32-34 dollars per barrel…how long is that for?
A: 5 years - the official number came out and it was passed around, and I had a chance to read it. If you open the pdf file with the oil revenues of 26.1 billion dollars….they’re not going to go from 26 to 89 in one year…it’s not gonna happen. If you do the math, it comes out to (89.1 divide it by 26= 3.41) – So, 3.41 is the LEAST they could come out….and everybody should be jumping with joy right now and I’m using their numbers, no mine, theirs. So we know we have 3.41 – that could be considered an RI but chances are they could go higher than that because there’s some things they’re not including in the budget…How many people know that they spend more so the bottom line is it will be a higher rate. Anyway, that’s my opinion.

Q: It’s been stated by Shabibi that he needs to make an economic report that it’s done, finished, complete. He requested PM Maliki that was passed back to him to implement that – he said that himself.
A: All that’s been done months ago…they knew what the impact of the RV would be last year. Try not to follow the article…it’s rumor…it has nothing to do with anything…don’t let it wrap you up.

Q: So far, there have been 10 articles that said they’re going to finish the ministers, but what happens is that they’re always Maliki’s candidates and the Iraqi’s said that it blows them out of the water because it’s not their candidate…and hold up all along….they want to get their candidate for their minister.
A: They already did that.

Q: I did see an article that Balzani and Maliki were meeting today…and….
A: One said they did come to a consensus…. Two of them…. The Speaker of Parliament is Talabani…Nujafa or something like – He’s something else…..we have these special sessions coming up today and tomorrow and Balzani is supposed to bring these two guys together, but it’s frustrating because the ministers aren’t passed and we move on next week, next week, next week.

What they ended up doing…they did get the security of Iraqi blocked…I’m reading that now…so bottom line is that’s why I’m pretty sure they’re going to come to a consensus to a block with is Allawi.

Q: They accept that?

A: Yes…what else they’re arguing about, I’m not sure, but they said they had a consensus…I don’t think we’re that far out and that’s why I think Monday or Tuesday is a good guess….If I had a crystal ball, it’d be polished. I really think we’re right there…we’ve known they’ve gone into sessions even recently and it’s been on a positive note and I think we’re there…just wait to see the special session take place. Tomorrow, yes it could, Tuesday, yes it could be….worse case scenario is Wednesday – I really think it’s this week.

They’ve already paid the Kurds which means the security …if they’re getting paid, the others want to get paid and the Minister of Finance could only pay the Kurds if it was out of the budget – another great sign, that means they’re going to crack the budget – that’s a positive sign so we don’t have much longer…THE MONEY IS THE KEY.

Q: Is there any truth to a window to cash-in like 45- 60-90 days?
A: No – but they may want to collect the bills in 90 days…if it comes out at 3+, how long you gonna hold them? I think they’re going to say the Iraqi government wants to collect the 000’s, but it’s a legal tender so it doesn’t matter. People don’t understand that the dollar you have in your hand is you can’t destroy it or replace it …If they destroy the 25,000, they have to replace it. Remember they’re not replacing, they’re just knocking them out – it’ll take a year or so to knock them out and start printing more money to replace it with the 25’s lower denom’s in a year so. Lower denom’s have been printed – they were done at the same time.

Q: Will there be a restriction about cashing in – rumors to go to the bank?
A: I think they want to put enough pressure to move towards the bank, yeah.

Q: Do you think the banks will have the same rate?
A: Do you think the currency dealers are going to beat banks?

Q: They claim they’ll be able to give the same rate as the CBI.
A: Do you think, if you were a computer dealer, and you’d be able to compete with Apple right now? I’m having a hard time believing that those guys are going to blow the banks away when they’re so small….and it’s the fed’s game, not theirs. We’re manufacturing money out of thin air.

Q: But they’re a currency dealer and bought the Iraqi dinar …so when it does RV they’ve got their money available to do a turn around to the dinars that will be turned in…
A: Okay – say you’re Ty – do you think you’ll be able to compete against Bank of America? – the largest bank in the world. You don’t think they can beat you at their own game? Obviously they’re not talking right now…just the exchange dealers. The feds are popping them enough to keep them in line so they can skew the game, and I think everybody will have the same rate. Who do you wanna go to…Bank of America or someone you don’t know. I think they’re betting on the fact of who you know…and they’re pretty right. I’m not saying Ty won’t do it, I’m just saying, they have to play with a bunch of big boys, buddy.

Q: They said each location would have a Dela Rue machine for verification and you could go to a branch bank of a major bank and they may not have it so it’s going to take some time to send it to their verification center.
A: When this opens up, I promise you it will be available. When it started, it was a restricted currency – a few months ago it was considered an exotic currency….now it’s not, it will be like exchanging a British Pound in a bank…and they’ll verify it just like everything else. Quit thinking the dinar is different…these guys are banking on this – it’s their business.

Q: Where do I follow what you’re saying? I’ve been following other sites and it doesn’t seem like they know what they’re talking about…I’m listening to what you say, and it makes perfect sense. Where do I follow the articles you’re saying…where do I follow what you’re saying?
A: The one about the security ministers is (can’t pronounce it), but if you go to OneDinar – they put all the articles in there…you don’t have track them down. Our forum doesn’t scroll them…they put out the last 5 – if no one makes a comment, it goes away. You can go to PA Media, HA News…all the ones …it hit the El Iraqia…and others…those are right there. If you go to 1Dinar, that’s where you want to be. It rolls on the left side and can scroll down the headlines…they’ve been in it since it started and most of the guys know how to bring the articles in….they’re very good at that.

Q: When you said we would RV when the security ministries are done…how do we know that?
A: Shabibi basically said that in July –he said when he had a government, he’d drop the zero’s off. He actually said it in January or so. The have everything but the dog catcher and they guy pumping water at the station are the only guys they have to pick…they’ve done everything but that.

Q: So when we hear they’re seated, do we go straight to CBI and look?
A: That’s exactly where I’d be….actually, as soon as they start calling the meeting, I’m gonna go to CBI and keep refreshing it all day because I think it’ll be almost simultaneously….

One thing I’ve heard there’s rumors that they’re pegging it to the British Pound…they’re not…they’re pegging it to the American dollar. Shabibi stated that they’re gonna peg it to the dollar and another thing they’re going to do is attach 5 other currencies with it in a basket to manage the float. If it comes in at 3.56, it’s not moving…it’s gonna just stay there. But that’s what it’s gonna do.

Q: Is there going to be capital gain taxes?
A: I’m just gonna tell you what the auditor at the IRS who audited me told me…she was very thorough and she just told me it was 15% long-term capital gains…and after asking her, she actually communicated with her attorneys and it’s 15%. I know it’s gonna be 15% and it doesn’t matter how long you’ve had it because there’s no receipts for currency. If you went to a bank and had British Pounds and converted them to dollars, there’s no receipt given to you. NO receipt…it’s just money for money.

Q: I don’t ever hear about the lower denom’s you can actually buy.
A: The lowest you can get is 50’s and 500’s…

Q: Do you think they’ll leave them out on the market longer?
A: Yes…keep in mind the 25,000’s aren’t going away or you can’t use them.

Q: I heard the US will use them to buy oil and sell it to other countries.
A: What’s going on is we’re basically printing money out of thin air and everybody is so concerned about what it’s gonna cost Iraq. If you have 25,000 dinar note and it RV’s, how much is that 25 dinar note? 25,000 dinar. Nothing happens…they didn’t have to do anything…the product they’re buying is cheaper…that’s all. And, 25,000 bills will be out there and will always be legal tender…after 4-5 years they could make it illegal…like the $5,000 dollar bill….but it’s still valid today. The one thing about it is the 1,000 notes we may have to use again the way our dollar’s dropping. (Can’t even joke about that.)

Q: I’d like to know about what you said about Parliament’s been working for months ….are their names on the door?
A: The people are actually in place…their names are on the doors but they’ve not been voted on…at any particular time they could pull them and they’re done. It’s like an interim person sitting there.
Q: Are they using this as an excuse not to RV?

A: Yes, but not only about the RV…before they were arguing over who got what on the oil….the biggest argument. But those things changed and right now, that’s why the HCL occurred paid on Friday a week ago and that’s why last week was so important. Everything else is so minor…. The main thing was the HCL…each one of those provinces have money…and I don’t know….Now they’re arguing and the ministers could have a percentage or whatever. How long would it take to vote on 3 people? 4 months – using the same excuse. Like we think the Iraqi people are idiots.

Q: I wonder if it’s actually out of the hands of Iraq, but in the hands of the IMF….is that off key?
A: No, it was for a while…the USA controlled it in Aug, Nov., and Dec….the reason we know it is because Kuwait was waiting for reparations and when Iraq didn’t produce, they screamed bloody murder…so the US is backing away from it and waiting for Iraq to come up with the ministers.

Q: Any problem with the IMF chairman?
A: No, that’s a stretch. It didn’t RV for anybody. The reason why I want to give this…so you not looking for articles. It didn’t RV for anybody…no two people have been paid and if they did they had to have gotten paid for what it’s worth…none of that stuff makes sense to me…they’d have to put it in front of my face before I’d actually believe that.

Q: What about Allawi being arrested?
A: No, they said that about 85,000 times…if you’ve been in this thing for a year, you’d hear that Allawi was arrested…and getting kicked out…and now Maliki broke into the CBI bank, busted it up and that’s why Maliki wants to be the Prime Minister so he wouldn’t get arrested….you see what I’m saying? I’ve heard that forever. Most of the guys in the government are crooks…the same breed as the ones here.

Q: As for the lower denom’s go, you feel they’re already printed?
A: I know they are…they weren’t in the budgets before, they’re in last year’s budget.

Q: Do you believe the ATM’s are loaded and armed guards are guarding them?
A: No, they’re not…if they have lower denom’s, the machines are worth more than the paper. If they had 25,000 denom’s and it RV’d…it’s like they have 6 ATM’s because they don’t have electricity over there.

Q: When this thing gets RV’d and comes out – is the first place we’ll see it on the CBI website?
A: Right.

Q: What about this coming out while the Forex is up and operating?
A: No, it won’t matter…it’s tied to the basket and pegged to the dollar. Shabibi is making dang sure that baby’s not moving…the reason is the Iraqi economy needs a jolt to RV and the reason for that is that it needs to operate 6 months to a year, based on the rates, that they can get used to that.

Q: Are you looking at a 3+?
A: Yeah…the official UN Report – went all over the internet….it was a PDF file…scroll down to the bottom and see the oil for 2010 which comes to 1.8-1.9 million barrels a day. Their budget this year is 28.1 billion dollars…that’s the LEAST, LEAST, it could come out.

Q: I got on the call late…do you think we’re close?
A: Yes, I’ve got a group of people who feed me some intel…this is how it flows. I’m not telling you who I’m getting it from because it doesn’t matter. We understood the security ministers were meeting, in a special session. That’s fine and dandy – but I’m not seeing it a day or so in advance, but I’m seeing it in the paper and as we get closer coming to an end, the papers are going to be more and more in line…it’s going to lead you to this point…You feel like you’re missing it, but you’re not.

Q: Do you think it’ll be off the radar screens in the USA?
A: They’re just gonna do it…they’re not worried …they’ll post it on the CBI and I promise you there will be one or two fanatics that will hit the internet in 30-40 minutes and if the banks are opened, you could be in line….my feet will be smoking from running.

Q: In a way, Ali gave a date of May 16 for the fax or the money order and he’s not taking any more wires.
A: I think some could be clues, but I don’t want to comment…I believe within hours this thing will happen.