Dinar ** Critical dinar update **

Published: Fri, 06/13/14

Hi, ,
 
Below is the impressive Guru post you saw post from the other
day.

It's from Newshound Guru Stryker.

This is HIS view of what's transpired, what's happening now and
his thoughts on what it all means.

It's from last week so obviously it does not include all the
craziness that's happened the last few days.

This is one guru's perspective (as always keep this in mind).

It's meaty but readable...so be sure to check it out below.

Also, I'm sure you've seen by now the mayhem that's going on in
Iraq over the past few days.
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--------------
Below is the impressive Guru post you saw post from the other
day.

It's from Newshound Guru Stryker.

This is HIS view of what's transpired, what's happening now and
his thoughts on what it all means.

It's from last week so obviously it does not include all the
craziness that's happened the last few days.

This is one guru's perspective (as always keep this in mind).

It's meaty but readable...so be sure to check it out below.

Also, I'm sure you've seen by now the mayhem that's going on in
Iraq over the past few days.

This just may develop into the most critical crossroads we've seen
Iraq in.

Iraqis got their independence and now people are testing to see if
they're ready for that responsibility.

Fingers crossed they are...stay tuned for all that develops here.

Elections, Laws, PM and now possible marshal law hang in the
balance.

I was NOT expecting this.  Not this bad anyway.  :(

Let's see what happens.

talk soon
-B

=================
From Newshound Guru Stryker:

Iraq Goes International July 1, 2014, will the
Iraqi Dinar?

Connecting the Dots all the way to Article VIII

    This is a recap of my broadcast on Friday May 30, 2014 in where
wmawhite and I uncover and put forth what we feel are the biggest
discovery of facts ever to be uncovered in over a decade of the
dinar being introduced to investors.

By connecting these dots we have turned the dinar community
right-side up!
~~~
 Up until now the gurus have had people so upside down they
couldn't see straight, many have lost everything because of these
people calling the RV week after week, month after month, year
after year but now there is a real time frame and a clear
understanding of events that have taken place without rumors and
unnamed sources being involved.

    This break down is intended to help understand our thoughts
through the written word but please watch the broadcast to get a
further understanding straight from wmawhite and myself.

    April 30, 2014 Elections were held in Iraq

    May 2, 2014 Abdul Basset Turki, acting governor of the Central
Bank of Iraq makes a public statement that includes the follow
quotes:

    QUOTE: "The central bank will proceed without hesitation to
apply the project raise zeros from the local currency in case
settled political and economic situation of the country."

    QUOTE: "the implementation of such a project needs to arrange
all the accounts and records of the Iraqi state before starting any
move to change the status of the currency and the way that provides
a smooth flow of work and maintain the price of the currency in the
local market where traders of manipulation."

    QUOTE: "talk is not only about the lifting of the zeroes where
the currency change will rearrange the entire government records
and change the accounts that deal with public spending,"

    QUOTE: "the project to delete the zeros of the central bank
governor said that the new measures will be there by the middle of
this year, the bank raised about the new currency and the deletion
of zeros"

    Why did he come out 2 days after the elections were held,
before any  results  were  given and make such a bold statement?
Because there is a clear agenda and this agenda of events will
became even clearer as you continue reading.

    May 17, 2014 Obama extends EO 13303 for another year even after
CBI governor Turki had already stated that they did not need any
more protection of Iraqi assets. Why was it extended then? Because
Obama could not write his own Executive Order to amend something he
did not write in the first place (EO 13303), written by George W.
Bush May 22, 2003 and terminate the Prohibitions under it until he
first extended it.

    May 17, 2014 U.S. Department of the Treasury sent this bulletin
at 05/27/2014 05:35 PM EDT entitled: Issuance of New Iraq-Related
Executive Order to OFAC (Office of Foreign Asset Control)

    Who is OFAC and what do they do?

    OFAC administers a number of different sanctions programs. The
sanctions can be either comprehensive or selective, using the
blocking of assets and trade  restrictions  to accomplish foreign
policy and national security goals.

    See OFAC has been the ones that are in charge of enforcing the
economic sanctions and now they have been notified that the
prohibitions have been terminated:

    QUOTE: "The President signed an Executive Order (E.O.),
"Ending Immunities  Granted to the Development Fund for Iraq and
Certain Other Iraqi Property and Interests in Property Pursuant to
Executive Order 13303, as Amended,"  terminating the prohibitions
contained in Executive Order 13303 of May 22, 2003"

    Terminating the Prohibitions, meaning that all financial
prohibitions that have prohibited Iraq from conducting their own
financial transactions have been lifted. Iraqi is now free to
re-enter the world markets. Banks worldwide are now able to conduct
financial instrument transactions, transfer companies may now be
approved to work  directly  with the  CBI, Article IV and Article
VIII of The Article of Agreements should now be completed or sOoN
will be.

    Article IV: Obligations Regarding Exchange Arrangements

        1. General obligations of members

        2. General exchange arrangements

        3. Surveillance over exchange arrangements

        4. Par values

        5. Separate currencies within a member's territories

  Article VIII: General Obligations of Members

        1. Introduction

        2. Avoidance of restrictions on current payments

        3. Avoidance of discriminatory currency practices

        4. Convertibility of foreign-held balances

        5. Furnishing of information

        6. Consultation between members regarding existing
international agreements

        7. Obligation to collaborate regarding policies on reserve
assets

 May 27, 2014 Obama signs an Executive Order Amending EO 13303

    QUOTE: "I, BARACK OBAMA, President of the United States of
America, I hereby terminate the prohibitions contained in section 1
of Executive Order 13303 of May 22, 2003"

    Here is exactly what section 1 of EO 13303 says, pay close
attention to the keywords that I have highlighted:

    I (George W. Bush) hereby order:

    Section 1. Unless licensed or otherwise authorized pursuant to
this order, any attachment, judgment, decree, lien, execution,
garnishment, or other judicial process is prohibited, and shall be
deemed null and void, with respect to the following:

    (a) the Development Fund for Iraq, and (b) all Iraqi petroleum
and petroleum products, and interests therein, and proceeds,
obligations, or any financial instruments of any nature whatsoever
arising from or related to the sale or marketing thereof, and
interests  therein, in which any foreign country or a national
thereof has any interest, that are in the United States, that
hereafter come within the United States, or that are or hereafter
come within the possession or control of United States persons.

 * Unless licensed: as in dinar dealers and other institutions

*  is prohibited: self-explanatory

* any financial instruments of any nature whatsoever: as in Iraq's
currency or any other financial instrument

*that hereafter come within the United States: currency, gold or
any other assets

*hereafter come within the possession or control of United States
persons:  that's you, me and anyone holding Iraq's financial
instruments (Iraqi dinars) or any financial instrument whatsoever.

See we and the dinar have been protected under  this  order and why
Canadians, Australians and others have bought their dinars through
dealers here in the states.

But when Turki pulls the trigger for Iraq to go live all  banks
that want to deal in Iraq's currency will be good to exchange
worldwide.

Up until now we have traded USD for dinars or whatever currency you
used to buy your dinars.

Soon though we will be able to exchange our dinar for any currency
through banking institutions now that OFAC has or will be removing
all financial sanctions.

    Can you see where this is going? On June 27, 2013 Chapter VII
Sanctions  were  released and moved to Chapter VI under UNAMI
making Iraq a non-threat to the international community but OFAC
still had the prohibitions in place because of EO 13303 and Iraq
could not play with the rest of the world in the international
market place until these were terminated as well. The next move is
for OFAC to remove these sanctions!

    May 28, 2014 Central Bank of Iraq approved all licensed
currency transfer companies. Only one day after EO 13303 was
amended through a new executive order, coincidence?'

 Not at all, see the agenda must be followed. This further proving
these financial instruments in the form of the Iraqi currency that
were held at bay by the OFAC should soon be able to be traded
anywhere.

Not yet though, these companies must first complete all the
necessary paperwork, open accounts both in USD and Iraqi dinars,
deposit 20% of their capital to insure and guaranty their
transactions that they will be making and of course the CBI needs
to announce to the world their new monetary system, moving them
away from this dual currency regime and into a more standard
international way of doing business.

    One more thing, here is the verbiage that is very telling from
the new executive order and proves that all assets will be released
returned to the Central Bank of Iraq, not the GOI and have been
held in prohibition by OFAC prohibited to be used for anything
until now and why they have not been used to back the real value of
the dinar.

    QUOTE: BARACK OBAMA:  I hereby report that I have issued an
Executive Order  (the "order") terminating the prohibitions
contained in section  1 of  Executive Order 13303 of May 22, 2003,
as amended by  Executive Order 13364 of  November 29, 2004,  on
any attachment, judgment, decree, lien, execution, garnishment, or
other judicial process with respect to the Development Fund for
Iraq and Iraqi petroleum, petroleum products, and interests
therein, and the accounts, assets, investments, and other property
owned by, belonging to, or held by, in the name of, on behalf of,
or otherwise for, the Central Bank of Iraq.

    Folks, the CBI is in charge of the monetary system, their main
goal is to maintain and increase the exchange rate of the Iraqi
dinar.  To  increase the  purchasing power of the Iraqi people
through assets belonging to the Iraqi people, not their government.

 This is declared and noted by the Iraqi Constitution. The frozen
assets, petroleum produced and non-produced oil which are held in
reserves underneath their feet belong to the people of Iraq and
such will be used by the CBI to bring back the wealth as it was
before the zeros were added.

    Article III of the Iraqi Constitution:   Oil and gas are owned
by  all the people of Iraq in all the regions and governorates.

    This is why the Executive Order reads as it does: Iraqi
petroleum, petroleum products, and interests therein, and the
accounts, assets, investments, and other property owned by,
belonging to, or held by, in the name of, on behalf of, or
otherwise for, the Central Bank of Iraq.

    Now who is in charge of the Central Bank and who made such bold
statements 2 days after the elections took place? That's right,
Abdul Basset Turki, the acting governor  of  the  CBI, the man in
charge of the exchange rate of the dinar.

    OK, let's recap it all: All financial instruments have been
terminated by the new executive order, OFAC should soon, if not
already release all financial sanctions  worldwide  on  Iraq.

    All assets that are estimated at somewhere between, $150-$180
billion dollars will now be released back to the CBI and Turki, the
man in charge of the CBI is saying all measures will be in place by
middle of this year. That sums it up or does it?

    Not quite, when could we see this take place?

    Well July 1, 2014 ISX goes international:

    QUOTE: The Iraq Stock Exchange (ISX) is currently in the
process of upgrading to the latest Nasdaq trading platform after
signing an agreement with Nasdaq OMX in June 2013. The new
platform, currently used by more than 25 exchanges globally, is
capable of supporting multiple asset classes, although the ISX
concentrates mainly on cash equities.

    QUOTE: "We will complete the implementation at the end of June,
and it will go live at the beginning of July," said Taha Ahmed
al-Rubaye, chief executive of the ISX.

    Folks, Turki said that all measures will be in place by the
middle of the year, that's Monday June 30th and July 1st starts the
second half of the year. Turki said that the  central  bank will
proceed without hesitation to apply the project raise zeros from
the local currency in case settled political and economic situation
of the country.

    Political: There are articles showing that a new government
made up of 200 parliament deputies will be announced right after
the ratification of the ballots, which is do any day now. This
should settle the political situation Turki is looking for.

    Economic: Settled economic situation he is talking about we
believe is OFAC releasing back to the CBI all the Iraq's wealth and
that is a major part of the  measures  Turki refers  too.

The other part is the 2014 Budget but there are signs that
Parliament will expedite the passage once the ratification takes
place, insuring what Turki needs to settle the remaining economic
conditions.

He said that the implementation of such a project needs to arrange
all the accounts and records of the Iraqi state before starting any
move to change the status of the currency.

This will take the budget passage to complete accounting and record
keeping or at least the new exchange rate predetermined within it.

    In finishing, all monetary system changes and exchange rate
announcements or made over the weekends and are announced to the
world on the opening of international banking on Monday mornings by
any Central Bank. We have five Monday's in June the last one being
Monday the 30th and July 1st being on a Tuesday, just saying.

    A special thank you to wmawhite for helping me connect the dots
and joining me yesterday on my webcast to explain it all!
 
    Have a great weekend my friends,    Stryker

More Added:

The average Iraqi makes $6,500 per year

They don't have millions of dinars saved

The CBI refers to it has a delete the zero project

Numbers and pay will be deleted of these zeros as well

Raise the purchasing power by three zeros doesn't mean the Iraqi's
get rich

People need to stop thinking about this like it is about you, it is
about them

We are investors of their currency, as such we will be exchanging
ours back for dollars or what ever currency you have in your
country.

An Iraqi will be using their dinar and stop using the USD for
everyday things and really will just see it when they buy
something, their money goes much further...

Supporting Links:

Letter: Ending Immunities Granted to the Development Fund for Iraq
and Certain Other Iraqi Property and Interests in Property Pursuant
to Executive Order 13303, as Amended

http://www.whitehouse.gov/the-press-office/2014/05/27/letter-ending-immunities-granted-development-fund-iraq-and-certain-other

Issuance of New Iraq-Related Executive Order

http://content.govdelivery.com/accounts/USTREAS/bulletins/ba7c51

Executive Order 13303

http://reclaimdemocracy.org/executive-order-13303/

Articles of Agreement of the International Monetary Fund

http://www.imf.org/external/pubs/ft/aa/
 
 Issuance of New Iraq-Related Executive Order
http://content.govdelivery.com/accounts/USTREAS/bulletins/ba7c51

Executive Order 13303
http://reclaimdemocracy.org/executive-order-13303/

Articles of Agreement of the International Monetary Fund
http://www.imf.org/external/pubs/ft/aa/

Talk soon
Blanche

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talk soon
Blanche
 
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