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Years ago I got tired of all the bogus information that was on several Iraqi Dinar sites and the self-proclaimed guru's that kept calling the RV every week, so I decided to do my own research and it grew from there. A few of us started our own Think Tank, under the radar site March 2012 and with the help of SWFloridaGuy, we went public with www.StrykerBlog.com January of 2013. Real Facts, Real People and a Real Investment called the Iraqi Dinar.
Showing posts with label dinar. Show all posts
Showing posts with label dinar. Show all posts
Friday, August 16, 2013
Tuesday, August 13, 2013
A Great Iraqi News Day
OK friends this is what I call a great Iraqi
News Day. I will recap it already and it is still early there and more will
surely come out.
I will lead off with my pick of Article of
the Day: Because of this article we finally know why parliament was delayed and
it’s not because of Maliki, lol.
Quote: "the most important reasons that
led to the postponement of meetings of the Council is the insistence of
Congress Kurdistan Alliance to take the vacation period of a week after the
feast," noting that "the PKK was aspires to such leave since a long
time"
Quote: "The other reason which led to
postponement of hearings is to travel Speaker Osama Najafi to London for the
purpose of conducting an operation in the ear after he was injured in the
terrorist bombing that occurred within the parliament earlier,"
We are also getting more confirmation that
parliament will return next week on the 20th.
Quote: Presidency of the Council of
Representatives decided earlier to be the 20th day of the month of August is
the next date for the resumption of meetings of the Council.
Here is an interesting quote but yet it
confirms that in fact Parliament will meet next week: The head of the Iraqi
List, Free Qutaiba al-Jubouri said that "the Presidency of the Council of
Representatives has informed all members of the House of Representatives to
hold its next meeting on the twentieth of this month, without specifying the
paragraphs of the agenda of this meeting."
This article covers a lot of opinions of
what they could be talking about but as the quote above states they haven’t set
the agenda.
This will be the 12th meeting of the Council of the first
legislative term for the fourth legislative year, so they are still in the
current legislative session no matter what others have written.
Read this article to get a better idea of
what these topics could be. I know it's not what we are looking for as topics
but as this says, the agenda is not public yet either.
This is a few quotes from one of Maliki’s
members of parliament:
Quotes: A member of the block United Iraqi
coalition/MP Khalid Al-alwani, the parliamentary session will see the adoption
of the controversial laws, including the Federal Court and the General Amnesty
and parties.
Quote: He added: in front of the Council
House current legislative term which “ends in months”, and also there is
a new chapter, there are important laws, including the Council approve the
service and the Federation Council, Federal Supreme Court, infrastructure and
general amnesty, parties and many other laws
Two Real important things are in this
article if true.
1) It looks like this legislative term could
go on for months.
2) Because of the needed passage of the
important laws.
There are many articles today that state
that there is going to be another National Meeting in the next few days, here
is a quote I really like:
Quote: "hold that any meeting between
the leaders of the political blocs will leave a positive impact on the psyche
of the citizens, and will contribute to improve the political and security
situation in the country, noting that" the Forum held the national will
contribute to the convergence of views between the political blocs and remove
tension between .
Here is one that either means that the
National Meeting will be held next month or if in the case of many statements
he could be referring to this month. (Next sometimes means This)
Quote: "Deputy mass sent invitations to
leading political blocs to participate in the forthcoming national meeting next
month"
Here is proof that the Committees are
working to resolve the stalled laws.
Quote: the next meeting of the committee
will resolve the discussions proposed general amnesty law, noting that most of
the paragraphs was agreed upon.
Quote: "Committee of Five held two
meetings during the past few days and _khassthma to discuss a proposed general
amnesty law, and will be assigned the next meeting of the Commission for the
completion of discussions of the proposed law and submit it to the Cabinet in
the event of response of the National Alliance on a proposal of the Iraqi
List."
Quote: "the majority of the paragraphs
in the proposed general amnesty law agreed within the Committee of Five,"
There are many more positive articles out
today and you can visit them on our Dinar Related News page. All titles are
hyperlinks into the forum where you can read what others have to say on these
articles and more.
Have a good day,
Stryker
Iraqi Dinar Terminology
A few terms to know when you read comments from other dinar holders so you are not in the dark.
Monetary Terms
The following are basic terms concerning a monetary System (I will break the meaning of Monetary Systems, Exchange Rate Regimes and others down in my next few Blog)
Revaluation – means a change of a price of goods or products. This term is specially used as revaluation of a currency, where it means a rise of currency to the relation with a foreign currency in a fixed exchange rate. In floating exchange rate correct term would be appreciation. Altering the face value of a currency without changing its foreign exchange rate is a redenomination, not a revaluation.
Devaluation – means a decrease of a price of goods or products. This term is specially used as devaluation of a currency, where it means a decrease of currency to the relation with a foreign currency in a fixed exchange rate. In floating exchange rate correct term would be appreciation. Altering the face value of a currency without changing its foreign exchange rate is a redenomination, not a devaluation.
Deleting the zeros and other terms concerning the 3 zeros:
Deleting zeros – a term used by Central Banks of countries when they take zeros away from a currency. Russia, Turkey and other countries have just deleted zeros from their currencies to make cash transactions easier.
Removing zeros – can be used the same way as deleting zeros or they can be referring to this when talking about removing the larger zero notes from circulation, or removing from their money supply.
Lifting by 3 zeros – this has been used as well and has been used when talking about purchasing power. Example: Lifting the purchasing power by 3 zeros.
Raising by 3 zeros – again normally used when they talk about the purchasing power.
Slang Terms
Pumping or Pumpers – ones that try to pump sales of the dinars, always coming up with stories to keep people hyped up on the investment by calling the revaluation time after time, etc..
Lop – a slang way of saying deleting the zeros, a negative term that has been adopted by the dinar community. Normally used by Lopsters!
Lopster – a person that only believes that the dinar will not increase in value once the Central Bank of Iraq deletes the zeros or as they say lops the zeros.
“Drinking the Kool-Aid” – the reference to drinking Kool-Aid is used by myself, speculator’s and yes the Lopster’s when referring to people that follow pumpers / guru’s. The Lopster’s though will even say this about the ones like us that look at the facts.
"Drinking the Kool-Aid" is a metaphor commonly used in the United States that refers to a person or group holding an unquestioned belief, argument, or philosophy without critical examination. The phrase typically carries a negative connotation when applied to an individual or group. The phrase derives from the November 1978 Jonestown Massacre where members of the Peoples Temple, who were followers of the Reverend Jim Jones, committed suicide by drinking a Kool-Aid-like drink laced with cyanide.
We see these people when they follow a self-proclaimed guru and they refuse to look at the facts (where is Iraqi right now and what needs completed before they can logically revalue their currency). These people have been known to have Drink way to much of the guru’s Kool-Aid but nothing can make them look at the logical side of this investment.
Real Minded Speculator’s - this is a term I came up with: the ones that believe we have a good chance of the CBI increasing the value at the same time as they delete and remove the 3 zeros by exchanging the larger 3 zero notes with notes that will be less by 3 zeros. We believe that the dinar has been kept undervalued until the time they implement currency reform. We believe that they will increase its value at an equal time that they redenominate with currency with less 3 zeros. Increasing the value of all dinars, new and old. What rate is still to be determined though.
Here are a few of my past Blogs that will help you understand more of the nuts and bolts.
I will add more on tomorrows Blog so not to throw too many at you at one time.
Here is my articles of the day yesterday because I have yet to find one today, news is on the light side: ARTICLE OF THE DAY: A new security system in Baghdad next month
I hope you can join RSS and myself tonight on Stryker WebTV, we will talk about the upcoming parliament meetings
Have a great evening,
Stryker
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