The Secret Language of The Iraqi Dinar Decoded
The Secret Language of The Iraqi Dinar Decoded Blanche Bonet Copyright, Legal Notice and Disclaimer:
Note To The Bad Guys: This publication is protected under the US Copyright Act of 1976 and all other applicable international, federal, state and local laws, and all rights are reserved, including resale rights: you are not allowed to give or sell this Guide to anyone else. Please note that much of this publication is based on personal experience and anecdotal evidence. Although the author and publisher have made every reasonable attempt to achieve complete accuracy of the content in this Guide, they assume no responsibility for errors or omissions. Also, you should use this information as you see fit, and at your own risk. Your particular situation may not be exactly suited to the examples illustrated here; in fact, it's likely that they won't be the same, and you should adjust your use of the information and recommendations accordingly. Any trademarks, service marks, product names or named features are assumed to be the property of their respective owners, and are used only for reference. There is no implied endorsement if we use one of these terms. Finally, use your head. Nothing in this Guide is intended to replace common sense, legal, medical or other professional advice, and is meant to inform and entertain the reader. Copyright © 2014 Blanche Bonet. All rights reserved worldwide.
www.DinarGuru.com © copyright 2014 Secret Language of the Iraqi Dinar Decoded…. Hi Fellow Dinarian! I put this guide together for you to make your life A LOT easier. It contains the common names, terms and abbreviations dinar gurus use when they give updates. Things move fast in Dinaro World so they make short cuts in the chat rooms or forums to get their info out as quick as possible You now have “the secret decoder ring” of the Iraqi Dinar… Once you read this guide you’ll be able to speak “dinar” and explain what the heck these guys and gals are actually talking about! J Keep the guide handy…you never know when you’ll need it! If you see an abbreviation or phrase over and over in the updates and it is not listed in this guide….shoot me an email and let me know. Talk soon, Blanche [email protected] www.DinarGuru.com © copyright 2014 Dinar Goggles = The tendency for dinarians (like you and me) to see EVERYTHING as somehow related to the revalue of the Iraqi Dinar. J Dinar Guru Resource Bar = The area on the left side of the http://www.DinarGuru.com home page…You will see Live Baghdad time, Official CBI Dinar rate, Dinar Guru RV meters, and the possible “to do” list. CE = currency exchange Redenominate = introduce a new currency (we do not want this…we want an RV or float) RV = Revaluation…dramatic increase of a currency…we are hoping for a revaluation of the dinar. RI = Reinstatement…some gurus feel the dinar will be “reinstated” to previous pre-‐Saddam value. There is slight controversy over the exact number but it’s around $3.22 according to the gurus. Float = gradual increase or decrease in a currency based on market forces…supply and demand. Programed rate = this is the rate Shabibi made for the dinar to stabilize the currency and hold inflation in check…this is NOT the true value of the dinar. At one time it was as Low as 2400 the CBI has SLOWLY raised it to the current 1166 rate. www.DinarGuru.com © copyright 2014 HCL = Hydro Carbon Law – this law (when passed AND implemented) will determine who has rights to the oil and the amount of shared revenue each Iraqi district receives. (Over the years Maliki has approved 3 versions of this law and it is now up to parliament to decide which is best…or to create a new one.) For a more in depth view of HCL get your “Burning Iraqi Dinar Investor Questions” Special Report...You can find it under the Start Here Tab at the top of www.DinarGuru.com USG = United States Government GOI = Government of Iraq PM = Prime Minister: the highest political position in Iraq…similar to the president in the U.S. M = Maliki: he is the current Prime Minister of Iraq…he has stated he will run for a third term. N = Najaf: the president of the House of Representatives—a powerful and influential position in Iraq. www.DinarGuru.com © copyright 2014 A = Allawi …he was the interim Prime Minister of Iraq until 2005…he is not “officially” in the GOI right now…Allawi is in a power struggle with M to be part of the government…this is a major hold up to progress. S = Shabibi…he is the former governor of CBI. Internationally well respected…Maliki chased him out of his position and ultimately out of the country. T = Talibani…he is the president of Iraq. In Iraq most of the power is with the PM. There is a power struggle going on right now to share the power more evenly…some gurus say power sharing is the key to the RV. It is rumored that Talibani Died in 2012 after a mysterious illness. The position has not been filled by anyone else and Talibani has not made a major public appearance since?? Barzani…He is the president of the Kurdistan region of Iraq. He has a lot of political power because he controls the most profitable and organized region. Most of the oil being produced now is within his control. Barzani is considered to be the unofficial “president” of the Kurdistan Region. Kurdistan = the northern region of Iraq. This are of Iraq is the most stable…they are producing the most oil right now…and are in political debate with Maliki over HCL and other key laws…The region goes into Turkey and Iran. They own MANY tanks. This is the region Saddam gassed and killed thousands of people. Ultimately Kurdistan wants to be independent. www.DinarGuru.com © copyright 2014 ME = Middle east Erbil/Arbil Agreement = Major Kurdistan city (4th largest Iraq city)…this is where the power sharing agreement was made between Maliki and Kurdistan… The agreement was Maliki would allow for a Supreme Council headed by Allawi and other keys power sharing. Maliki has dogged implementation for years now. CBI = Central Bank of Iraq…this is the institution responsible for maintaining financial stability of the Iraqi Dinar… UST = United States Treasury ABC guys = These are the gurus’ government sources. The gurus insert ABC to keep their contact identity safe. ABC could stand for UST, FBI, CIA or any other government agency. O = Obama Lop = This is how the community describes one of the possible actions the CBI may take with the dinar... www.DinarGuru.com © copyright 2014 Lop mean to literally remove the 3 zeros from the face of the bills (a 25000 note becomes a 25 if a lop takes place)… Most gurus don’t believe this is going to happen. We do not want this scenario to play out but it is possible. You can learn more about the LOP Here: http://www.dinarguru.com/dinar-‐rv-‐start-‐here.html Lds = lower denomination currency…250, 100, 50, 25 and lower dinar notes IQD = Abbreviation for Iraqi Dinar IQN = Some gurus feel this will be the NEW abbreviation for the dinar in the future…this have not been shown officially. VND = Vietnam Dong (has nothing to do directly with the Iraqi Dinar) GCR = Global Currency Reset. Some gurus feel their will be major adjustment to many many currencies with the IQD leading the way. www.DinarGuru.com © copyright 2014 Parliament = This is similar to the US senate. They pass laws…For a law to be official it must be read 3 times in front of parliament, voted on and placed into the gazette. Gazette = This is the official publication outlining Iraqi Law…nothing is official until it is in here. EC = Economic committee. It’s not quite clear what their role is but it appears They create laws and policy for parliament to consider putting into law. They influence things heavily. FC = Financial Committee. Like the EC, It’s not quite clear what their role is but it appears They create laws and policy for parliament to consider putting into law. They influence things heavily. Raise the Zeros/remove the zeros = This is a term we see in translated Iraqi articles. The CBI uses these terms when talking about the currency plan… There is debate between the gurus over what this really means…some feel it simply means increase the rate…others feel it means lop (see above), still other believe it means remove the leading zeros off the nominal rate making the current .00086 rate become .86 Most gurus feel this means an increase in the dinar’s value. www.DinarGuru.com © copyright 2014 Circulated Currency = Dinar inside of Iraq Uncirculated Currency = Dinar outside of Iraq (You hold this) Has nothing to do with if your currency is worn or not. Ch7 = Chapter 7…International sanctions imposed by the UN…some of chapter 7 was lifted in December of 2010….Other major release in Summer 2013…we are waiting to see if the UN removes them completely and Iraq completes the final pieces with Kuwait. Some gurus feel the RV can’t take place with Ch7 in place at all. 13301 = This is the US presidential order that protects Iraqi DFI funds from their creditors…giving the US control over Billion and Billion of Iraqi funds. This has been set to expire each March…the president has renewed it each year dating back to GW Bush. Some gurus have reported this order is what gives US citizens the right to own dinar. It would be a “sign” that Iraq has settled with their debtors when the US no longer renews this order. UN = United Nations Paris Club = Informal group of financial people made up of the biggest countries and businesses in the world. Iraq owes them money. www.DinarGuru.com © copyright 2014 DFI = Development Fund for Iraq…this was a fund created to help pay for food, supplies etc. while Iraq recovers from the wars…Some of these funds were returned to Iraq’s control in June 2011…part of oil sales are placed into these funds to pay debts-‐
specifically Kuwait. May gurus felt June 2011 action signaled the beginning of the RV…we were all disappointed…although this was an important step toward what we want IMF = International Monetary Fund…this group dictates monetary policy for the entire world’s central banks…Iraq is working with them…the gurus feel it’s to increase the value of the Iraqi Dinar and to become internationally recognized currency. CL = Christine Lagarde. She is the head of the IMF BIS = Bank of International Settlements—this is the Mother ship to all international and Central banks. This bank feeds the other banks the exchange rates between countries. ISX = Iraq’s Stock exchange WB = World Bank…lending bank to counties. WTO = World Trade Organization. Iraq has been accomplishing tasks to become a member of this organization. Some gurus feel a tradable currency is one of the major stipulations. www.DinarGuru.com © copyright 2014 MBPD = Million Barrels Per Day (oil related)…Iraq is now producing about 2.8 MBPD…making them one of the largest oil producers in the world. WMD = weapons of mass destruction. It is thought sanctions preventing Iraq from owning them has been lifted…several gurus feel this sanction must be removed before the RV can happen… A sovereign country must be able to protect its resources from invading countries…a revalued dinar would be valuable. NDA = Non-‐Disclosure Agreement. 800# = Some gurus feel we’ll need an 800# from the banks to call to make exchange appointment. PTB = Powers that be WF = Wells Fargo Bank Below are basic abbreviations you’ll see the Gurus using… BTW = By The Way www.DinarGuru.com © copyright 2014 DBEYR = Don’t Believe Everything You Read FYI = For Your Information FWIW = For What It’s Worth IMO = In my opinion IMHO = In My Humble Opinion JMHO = Just my humble opinion IMHO = In my humble opinion LOL = laugh out loud OMG = Oh My Gosh! POV = Point Of View WTF = What the “Flippy-‐flop”! If you run across an abbreviation or phrase over and over in the guru updates that you don’t know the meaning of and it is not listed in this guide….shoot me an email and let me know. Talk soon, Blanche [email protected] www.DinarGuru.com © copyright 2014 PS If you are not a Dina Guru member yet, what are you waiting for? Our community is the sharpest and most savvy group of Dinar Investors…consider this your formal invitation! J Go to www.DinarGuru.com and enter your name and email address in the box on the right…you get RV Alert, dinar updates, Dinar Guru Archives access and Member’s only special offers…all FREE! www.DinarGuru.com © copyright 2014