http://dinaresgurus.blogspot.ca/2016_01_19_archive.html
TUESDAY, JANUARY 19, 2016
DELTA TIDBITS, 19 JAN
The first announcement back in December was talking about the rate that came out the 1182 and 1180 but this announcement that came out two days ago doesn’t have any rate they are just basically telling all their banks to calculate numbers based on the numbers from the CBI.
KTFA CC NOTES, 19 JAN
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CC Notes from Monday 01-18-2016
Frank26: Let us start the second part of our conference call. DELTAwill be joining us Family….you know it has been a while since he has been with us…..so let’s you and me start talking about the Iraqi dinarinvestment that we are involved in…..what do you think….are you happy….are you sad….what’s your mood right now based on the things that you know.
Me personally I’m ecstatic….I praise God I am really happy….because the things we are seeing now in front of us….no hearsay, not rumors, not guesstimations, but the things they are showing us and then you can go and verify them….
Well these are steps for a Monetary Reform of a currency for a country. If not, someone is wasting a lot of time….and a lot of money to accomplish something like this.
The last time we were together Family….in fact if you look at the notes that aggiedad did for you on the last time that we were together….at the very bottom it says…..and…what is the IMF doing…and what was the answer….they are doing the math….they are doing the new math of the CBI….remember that…that was the last thing that I said to you.
Alright that is good to know…..do we have any evidence that math has been done at the IMF that has been given to the CBI that in turn is being given to their banks by the CBI….yeah I think so.
Look here, do you see this….this is a deck of cards….now I’ll show you that you are seeing the ace….they are in numerical order because I just bought the deck….now the reason I bring this deck of cards out is because I want to tell you something….see that….the ace of spades….now watch….if I reach under here…..what I should show you is the ace of spades right….whoa…what happened where did it go….ok again….see this is the 5 of spades….oh dear it is the 6 of spades….but the 5 of spades is still at the bottom of the deck….that is known as slight of hands….known as magic….trickery….deception…..slight of hands.
Family there is no slight of hands in the Monetary Reform of the Iraqidinar right now…..it is going about its business doing a very masterful job….to be honest with you….IMO….I think it is very masterful.
Tonight DELTA is going to come in and he is going to tell you…which you have already figured out by the way….congratulations….now I know Martin Luther King Day today….a lot of playoffs on Saturday and Sunday….but two days ago….actually three days ago but we didn’t release it…it was two days ago that WalkingStick puts a notice out from the CBI on our forum….what did it say.
Basically the CBI was telling the rest of its banks, brokers, and traders and everybody that we are now going to start to deal with currency from other countries….big deal….we already deal with th Euro, the USD….no we don’t….we don’t….no…we stopped doing that….that’s right you guys passed a law….I forgot….after the 1st right…yep pretty much.
Ok…if you don’t deal with any foreign currency….why are you going to deal with any foreign currency….you see this foreign currency represents international representation….it represents different countries….and each one of these countries has the same system for banking….now we in Iraq…..we don’t have that banking system….well we do now…but we’ve never had it before…in fact when it arrived nobody really knew what it was and we just left it in the corner for a week until someone unwrapped it and said…oh look….so we can apply this system to our banks…
CBI…..yep….to accept foreign currency from around the world….yep…..and we can give them our currency for it….yep….you do know we are at 1180 right….yeah….I suppose we could this at 1180 can’t we….oh yeah….but 1180 is a program rate….hold the phone….so….you aren’t going to do anything with a program rate…..it’s a PROGRAM RATE…..you can have a low rate….but a program rate is like handcuffs….
You mean I can be like Zimbabwe and still be international…..please stop talking about Zimbabwe…..ok….you mean I can be like the Dong and still be international….sure…..so the Iraqi dinar can be international at 1180….NO….it’s a program rate…it is a handcuff….it’s not even internationally recognized….that must be removed….ok…..when are we going to remove it….come on….we don’t give no dates….we don’t give no rates.
But you are working on the mathematics to remove that 1180….yeah….why do you ask silly questions….because everybody else does….alright then….they are not silly questions they are studious questions.
Iraq you are under an 1180 program rate from the IMF….that is a sanction…that is a handcuff…it has nothing to do with a rate that is internationally recognized….not even wanted…..now you can walk out of your environment you know….out of your niche into an international world at 1180….but you might as well try selling your bonds at 1180….well that didn’t work….well neither will….ohhhhh….is our homework almost done…..are your laws almost done….ummm….we got about 122 of them…you passed the majority of those laws….those laws were mainly little trivial things for the provinces…..the laws that we are talking about….you are doing them right now aren’t you…..yeah….but I mean we kind of already got them…no…no….you are doing them now aren’t you….yeah….tell me when you are done with the laws…..because we are done with the math.
Hey IMF….yes CBI….you do know that we have a lot of reserves don’t you….Central Bank has enough of our currency……yeah we are the ones that did the math behind it….besides you can’t really use your reserves right now anyway….but you know that because you are at 1180….who in the world is going to give you any profit…that is why we set up the foreign exchange with the banks right now…..because you guys are about to move your reserves.
Look at your notes Family we told you plenty of times….they actually have liquidity….it’s just that the liquidity has no value….therefor they have no liquidity.
Bonds…come on….and besides it is the same thing what we just said right now….bonds and anything else that you want to offer the citizens and outside international at a program rate it is beyond stupidity….the only thing these bonds are going to be used for is maybe PLATFORMS….certainly not for the citizens….certainly not for the international world.
Remember the last time we were together Family I told you there seems to be a lot of leaking going on….well….there is a lot of leaking going on…what are they talking about man….about changing the exchange rate….do you see that…remember how we give you KEYWORDS…this is a KEY SENTENCE…..CHANGING THE EXCHANGE RATE….four key words…it’s all over the bloody place….you go into the bathroom somewhere in Iraq and it’s grafetti on the wall in the toilets…it’s everywhere…..THEY ARE CHANGING THE EXCHANGE RATE…..
What are you doing next Friday….let’s go beat somebody up….no….no….let’s just go and join the Holy Man and the protesting….we don’t protest….ok the demonstrations or whatever they want to call them….ok….I go….and they are doing this because they are joining up with the Holy Man who sits there and says…Give us the reforms you liars….you promised me on January 1st….you lied…you lied.
You see the key is that they admitted there is a change coming.
One of the things that one of our TEAMS told us is……Frank they told us they are lost due to corruption….I said….say that again…..Frank they are telling us that they are lost….where….the CBI…yeah….they say they are lost due to corruption.
It is really important that SECURITY continues to dominate….and we believe that the laws that we are looking for that we believe will bring the new math….is also going to bring in a lot of SECURITY….the SECURITY was actually done physically….now it is being done lawfully.
As far as the riots go….or demonstrations or whatever….it really is important…..I don’t know of any articles that teach you these things….that’s actually good intel for our TEAMS and we mingle among them.
You see….do you remember 2 weeks ago I told you that it was actually being done….the US and the IMF were talking to the UN about putting more sanctions on Iraq again….now I will admit I don’t think I saw any articles that would back this up….but that doesn’t matter to me….we know what we are reporting to you….and that is why…..IMO….on Fridays there will never be any riots, any killings, anything stupid like burning buildings….but they do demonstrate every Friday with the Holy Man….trying to get their story across so they know what they want…and what they want is the reforms. Now why is it they don’t do anything bad on Fridays….because if they did…more than likely they would put sanctions on this country again.
I also think the laws have a lot to do with it….look the Amnesty Law…the Amnesty Law is important in order to arrest Maliki….in order for certain ministers not to be arrested and be protected…and I told you about the Hydrocarbon Law….it’s in the budget…ready to come out when the math makes it work….I like that….I never knew…IMO…of any other budget that had the HCL in it…..this is the first one….and this is only the second budget in the last 12 years that I have been studying Iraq that I actually saw the budget before the year started….the other one was back in 2003 before we went there…..the Investment Law….the Conscript Law…I think is already done….but all these laws there is a plethora of them….like 122 of them….most are done…..
There are a lot of petty laws….trivial laws…but these that I just mentioned…..these four or five…these are the backbone of the laws that I think will create the final STABILITY that we need in the CBI….because the CBI has been stable already with the counterfeiting….
I think they did a good job by replacing the k’s…..the 10’s, the 25’s, the 50’s, the 1’s….replacing with the ink blots….I’ll bet you anything that was from Jack Lew…from our side our people…..you see the Kurdistan people wanted their language to be put on the new currency….but we already printed it….we don’t care do it….ok and that worked out fine along with the new printed ones that they just did with the k’s that were to replace the corrupted currency of counterfeiting….it was just terrible.
So let’s hope for these laws….write that down….that combination….the laws will bring in the final SECURITY that we are looking for that will eventually allow the new math from the IMF to come to the new budget that will then trigger and open up a lot of things in that budget and one of them being the HCL.
Can they walk into an international world at 1180…..yeah….will you do business with them….will the international world do business with them….in my strong opinion….of course not…and on top of that there is a lot that needs to be paid back now and its being done…..if it’s not done in accordance with……see they came up with this path, this roadmap, this IMF blue print, these steps and if they….it’s got to go that way and if not Iraq can suffer. I remember telling you that they would implode in January….they are not imploding because of the things they are doing are just are just absolutely phenomenal….I’m really proud of their steps.
You see I told you when I first met you eight years ago that Iraq is like a company that you bought a stock from called the IQD and it is going to pay you a dividend called a rate change….it’s like a stock that you buy….you buy low and sell high….and that is the key to success on any floor.
So there is no way in the world that I’m going to buy any more at this ridiculous price….I need to sell it….and that is why all the banks and brokers have been told….get ready you are going to have a lot of foreign currency coming in and we are going to be able to sell our currency for it….we can make money now….we don’t have to use another countries money…..you think they are going to come in and exchange their currency for our currency at 1180….NO….well then why the heck are we doing this….get ready because there is a change a coming….well when is the change coming….STOP IT.
You know what the Shiites and the Holy Man want on Fridays….give us the corrupt ministers….can you just imagine all the bad ministers…all the bad guys…..they are probably pinching underwear….no don’t send me out there….but they are not….IMO….they are actually giving them a form of protection so the citizens don’t kill them…..because the citizens them….let us take care of them….let us speed up the reforms….let us make it a judge, jury and whatever….give us the corrupt ones…the Holy Man even says…give me…give me…pay attention to the Holy Man…..we want to do this right says whoever is there doing the work right now.
The laws that are coming are also very important for the Taxes and Tariffs….there we go again with the T&T….I thought we had the codes, I thought we had the math….I thought we had all of this….yeah and believe it or not there are laws that protect the borders….let’s not be ignorant…..let’s not be stubborn….every day we learn something together. I’m not here to tell you…look you missed this….I’m here to tell you look we are learning this together…..I’m not an expert at this.
So the immunity for ministers is important…..they said they would return back on the 19th right….here’s what I say….horse hockey….that’s Iraq’s story….they didn’t go anywhere….well the article says they did Frank and that they will be back on the 19th….fine…if you want to believe that why do you come and listen to me then.
You know what they have been working on…laws….lots of laws.
I want to tell you something Family…there is this thing about China that I would like to talk to you about….when I first met you I told you that China was very stubborn and they refused to raise the value of their currency….the IMF tells them but they don’t and they take advantage of imports and exports….ok that has been established over the last 8 years….and you have read about it and saw it on television and now you understand what that is all about.
Before we get into that let me tell you a story….you remember about two months ago and I showed you a video about cyber warfare….now the thine is that if you remember that is a very spooky one hour program that we brought to you to and explain what China is doing with computer around the world.
Well it turns out that last night on 20/20 there was a program that was on television and it talked about a company called Salvo…that made these propellers…windmills…turbines that turn and collect electricity for the power plant for that local area….oh it wasn’t 20/20 it was 60 Minutes that reported this…..this company was working with another Chinese company to build these windmills….that was some nice profits and they started making some nice returns….but after about a year or two they found out there was a problem with one of the programs that ran the windmills….they figured it out and discovered this is not even one of our programs….what is going on here….
it turns out that China decided they were going to steal everything they could from Salvo in order not to pay Salvo for their services….moralistically that is wrong isn’t it….in a communistic country there are no morals….everything works…and only one has one voice….the government….so it turns out when they traced this back they found a very big building with a lot of rooms and people working every day hacking companies in the US….practically every company in the US has had everything hacked and stolen by the Chinese, things they have worked to protect all these years in order to make a profit…..China is parasitical…..in fact they are worse….China does not have morals and could care less.
China for decades refused to raise the value of their currency…why….because they get away with murder with their imports and exports…..yeah but that is not far….you think we care….all communist countries will tell you that…what do I say that Iran tells you….UP YOURS.
Two days ago they lifted the sanctions….hey we lifted your sanctions…UP YOURS….lift them or don’t lift them you think we care….well you guys gave us your nuclear stuff, we are hugging, we are buddies….UP YOURS….American infidels.
And China….they feel even worse….China comes out and says we are against it….our laws say we do not steal technology from other countries especially foreign countries….no….no…shame on us….we would never do that….we have laws…..shut up…..you were caught red handed….Red China….but now you belong to the AIIB.
What do you want to do with your money…..at what rate…what do we say now…..going to tell us up yours….see you are a part of the AIIB now….when you hurt us its going to hurt you just as much….welcome to our world…..because your cyber warfare was sickening…..now we can influence your money….because you never obey….but you have no choice now.
China and their banks Family dominate solely by volume…not by technology.
I am very pleased with what we are seeing….I am pleased with all of you and applaud you because I asked you to go and study the 3 pdf files so you will understand the roadmap….and lo and behold you did…many called me and said Frank I’m trying to figure this out…what do I do and we did it together on the phone….I’m proud of you….I don’t post much any more do I.
Two days ago when WS put that article out from the CBI announcements….telling all the banks…..hey guys we are about to do a little exchange move here and we want you to go ahead now and start doing foreign currencies with an exchange rate that we will tell you about….WHAT….yeah…..that is amazing.
And then the question that my TEAMS has…..are they Article 8 compliant right now….because if you look at your notes from the last time we were together we hinted in that direction….we suggested to look in that direction….to think about it….to investigate it….because you see there were only 2 things that were required to lift Article 8….number one was to be 2% compliant….shoot that was done a long time ago….what was number 2…..to lift the value of your currency….well the value of our currency when we turned in our homework was 1182 and you guys took it to 1180….now that is an increase in our currency and you did that for us….we did the 2% compliance….but you raised the value….it is still a program rate but you raised the value…..
Did we qualify for Article 8 IMF….and that is where we are at as a TEAM….we don’t know…..but there are so many things that seem possible….but we can’t run to that conclusion just yet….it’s all very fascinating…..and then for the IMF to say hey guys you are going to do a 3.1% increase in 2016….they actually told them between 3 and 10 percent….but not at no 1180…..there’s a lot of leaking going around.
International foreign currency around the world says Iraq to them….get ready…..get ready for us.
PART. 2
I want to talk to you about planting a flag but I may not have time tonight.
Family what Iraq did….right now we are combining Iraq and Iran…..what Iraq did in 12 years….IMO….Iran will do in less than one year.
Iran’s implentational Day is a significant day….it is a day they say that prepares them to rejoin the world economy…yes what Iraq did in 12 years Iran is doing in less than one year….but how is that possible…..you see Tehran may say to the world “UP YOURS”….but they are not terrorists….yet….so we picked the lesser of the two evils…we decided to help Iraq….we angered Iran because we made them mad back in 1980 and that was why the captured our embassy because we went to Saudi Arabia and not to them….
But know it is Tehran not terrorism and that is why they have the faster growth to get to where they want to….also look at how their sanctions were literally lifted overnight…why….because of deals you don’t know about….
I MO…..were there any deals with Iraq….NO….it was total conquer….bring down the statue and slap it with a slipper…total conquer and then on top of that it was Marshall Law which takes about 10 years to get through everything.
How about Iran…no….they were intact….their government intact…their banking structure intact…their school structures intact….their industry intact…..even with sanctions their nuclear proliferation was intact…
So again, I see Iran and the IMF sitting in a tree KISSING…..because they need each other….and we need each other too….they are not terrorists….they are just a pain in the butt and so is China….they are just a real pain in the wallet….and we are in cahoots with them……and you are very well of many things with China and Iran…and Iraq for that matter….you’ve become well educated haven’t you Family….
Name me one other sanctioned country……someone said North Korea…..well they are communist and that is cheating…..might as well mention Cuba and Laos…..Turkey….now there is a good example….but they have very little sanctions on them….Burma is sanctioned….what I was looking for was Syria….so it has to get to that point where it is that serious like in Syria where they will keep handcuffs on them for quite a while
We are ok with Iran…..they let go of their sanctions two days ago, the majority of them, and then two days ago the CBI puts out an announcement that tells the rest of their banks to get ready to deal with international foreign currency…..oh it’s just a coincidence.
Iran is also collecting about $100 billion from frozen assets all because of this nuclear deal we the US is doing with them….I don’t know about that….I think there were just a lot of favors to be done in order to be where we are now with Iran and with Iraq….and for that matter with China too.
WS put out an article that is on page one of our current thread and it says…..”An Invitation to Link the Iraqi Dinar to Global Economies”…now if they stay at the program rate, just like with bonds and other things they have tried, no one is going to anything with them at that rate….so for them to tell us they prepare to enter the global economy and then to tell their banks…get ready banks to deal with this global currency because we don’t use any foreign currency except our own now….this is amazing.
This report that WS posted says…..the importance of linking the Iraqi dinar to the global currency…..and then if gives a whole report underneath it….here’s another line…..noting that the importance of the introduction of the Iraqi dinar to the global markets is what they are doing…..here’s another one….in a market economy theory it is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency…..well it isn’t 1180 Family….
Finally….this report contributes to reduce hard currency emerging from countries where traders will be able to import goods in Iraqi dinars…..I’m sorry….that is HUGE…hold on….one more….this what they are doing will be linking the Iraqi dinar to the global economy which leads to obliterate the need for an auction of hard currency….that’s it….I might as well drop the phone and walk out like Elvis Presley….(hey Frank there is only room for one Elvis here…LOL)…..are you kidding me.
DELTA: Greetings Family…I haven’t talked to you since last year so Happy New Year and Merry Christmas. There is a lot information going on…one of them of course is the announcement from the CBI and like Frank stated we don’t think it will be 1180 or 1182…..but you do remember basically the same announcement that came from the CBI back in December telling all the banks to get ready….
I’ve had a chance to read this in Arabic now and I’ll be honest with you it is very interesting….the first announcement back in December was talking about the rate that came out the 1182 and 1180….but this announcement that came out two days ago doesn’t have any rate they are just basically telling all their banks to calculate numbers based on the numbers from the CBI…but this announcement gives no numbers and they are being told to do this based on international standards….this is very important information.
I came to talk to you today about one of the reports that came out from the IMF on the 12th…..this concluded all the meetings between Iraq and the IMF.
Before I go to the IMF report this article about linking the Iraqi dinar globally….this guy I believe is the President of the Iraqi Stock Exchange and he talks about linking the dinar globally….they have to do this and they know it….this guy knows what is happening and understands that the government and the CBI are about to do something and we should all understand this…..
This article that WS posted is amazing and we should be very happy about the report….this person speaking in this report acts like he’s been coming to our CC’s for years….he says that when you see the Iraqi dinar being linked globally then you will see a lot of investors getting in…these investors are wanting to see a commitment from Iraq….they want to see that the Iraqi government is really serious and that they are not just wasting time.
Moving over to the IMF report….this report is one of the best reports we’ve seen from them….they basically meet a couple of times a year with Iraq and then come up with a report…but this report is totally different and I will explain it to you…why it is different and why it is so important and why we feel that this is our year no matter what.
Number one we all remember when oil prices dropped and the Iraqi government started having trouble making salaries….one thing I want to share with you concerning oil prices is that when we see it in the $40-45 range, Iraq is only getting $20-25 for their oil…..then we told you several months back that Iraq needs $5-7 billion dollars a month to survive….to pay salaries and other things…and the oil prices unfortunately have not balanced out….so they had no other basic solution other than going to the IMF and the World Bank….
Now the WB did give them about $1.2 or 1.3 billion dollars….but again that is not enough….they need more…and they expect to get more from the IMF…..the IMF had a meeting in November in Jordan and they basically put some conditions on Iraq in order for them to help them….so basically the report from the IMF that we saw on the 12th of January….this was done in November.
The IMF is working with the Iraqi government, helping the CBI to move forward to Article 8…why and what is Article 8…..Article 8 is going to make the Iraqi dinar international….but they have some kind of benchmark they have to do….they have some due dates they must meet…for example they say by the end of February they must amend the Investment Law and they have to do the Anti-Money Laundering Law…those two basically are done a while ago and already in the Gazette….
So why is the IMF stating this on January 12th….it is because this report was originally written in November and at that time I believe neither of the two laws were in the Gazette yet…..so we believe those two laws are all done and the IMF is asking the government and the CBI to remove the MCP….the MCP is concerned with the street rate and the CBI rate being within 2% of each other…..the movement of the rate from 1166 to 1182 and then 1182….so what we’ve seen is the CBI trying to unify the exchange rate and the market rate or street rate….this assures another compliance with the IMF.
Then if you look at I believe it is Article 19…the bullet point…the government is going to gradually remove the restrictions on the exchange rate and go international….so this first benchmark is the end of February as they work towards going international.
Now we know Iraq is way behind….because we know they were ready to move forward to Article 8….but it is only a one way street and you can only move forward you cannot go back….so we do believe that what the CBI is doing now with all these announcements and things they do is to get ready to release the rate.
I would like to state too that we might see the rate changing before they move to Article 8 because remember the IMF has given them all this homework for them to do in order to move forward to Article 8….then they will have about four reviews with the IMF to follow up and see what is actually going on.
Family I would like to tell you that right now Iraq is in big…big trouble economically….they are facing big issues…there is no money….no liquidity….oil prices continue to be down….the IMF basically wants them to start making money from non-oil related sectors…
We all know for them to do that they have to move to a market economy and let the private sector take control of that….but there is one problem…the market economy and the private sector cannot move without movement or freedom of capital and that IMF report is telling them what they need to do to remove these restrictions….you have to come up and have a true rate to the Iraqi dinar and you have to show the IMF you are ready now to move to Article 8.
The IMF is expecting Iraq to be in the international economic global market in the first half of 2016….but that doesn’t mean they have to wait until the end of this time period to make their move.
The IMF report also says about the date and rate they will not publish…so there is some confidentiality of things here, but we do know that Iraq has to move forward in order for them to do that.
This report tells Iraq exactly what they need to do…Iraq right now has to move as fast as they can, otherwise things will collapse….the nation of Iraq will collapse if they don’t move forward.
Thank God that the IMF is in control of the Iraqi Monetary Policy…this contract signed by Allak and Zebari is an official contract between the IMF and the Iraqi officials.
A big Iraqi banking conference was supposed to take place in January but it got postponed until March….and we do believe there is a high probability of seeing the Iraqi dinar going international by the end of February or first of March.
Frank: You stop and think about what the other statement they made, the hair on my spine just stood up….look Mahamoud said, linking the Iraqi dinar to the global economy leads to the obliteration of a need for an auction of hard currency….I mean that has been our dream hasn’t it DELTA to remove the auctions.
DELTA: Absolutely Frankie and the reason they can’t remove the auction is all their imports and services is in dollars and since the dinar is not recognized internationally….this is what is hurting Iraq….so if you look at the picture Iraq is right now is more anxious and ready to move forward to Article 8 with their currency more than us now….look at this article if you read the whole article about linking the dinar globally…this is what we’ve been telling everybody for so long…..but right now when you go international and you recognize your currency….you don’t have to do all those auctions….
You basically would be able to buy stuff and do so internationally through your own banks…if they don’t move forward they face disaster…so this IMF report is clearly stating what they must do and for us it is really good news this is our year…..they have to move forward and this article today is confirming what we told the Family a while back.
So something interesting has to happen and it is in their best interest to move as fast as they can.
Frank: You know something DELTA…this I think is the very first time I say this…..and I am moved….IMO…..to say it….I agree with you I believe that 2016 is the year in which Article 8 will be lifted and they will be removed from a program rate…whatever the rate is….I don’t know….I’m leaning towards 1 to 1…but if we do not see oil go up soon….and I’m looking to see it go up at least by the first week of February….
They are going to have to consider using that eraser like when they looked at the 10 cents then the 40 cents and now maybe even the 1 to 1….it’s possible we may have to look at something a little higher and forget about the whole concept of letting it free float…no we need the money now…that is enough of that nonsense….we got a lot of money printed…but the problem is it has no value….that is why we have no liquidity.
I believe that 2016 is the year we are going to see a change in the program rate of the Iraqi dinar and I believe the same thing is going to happen to the country of Iran…IMO….solely because the fact that 2 days ago 2 significant things happened to both of these countries at the same time….the CBI tells the banks get ready we are going international and Iran tells the world get ready we are going international because they just lifted our sanctions.
You can call it coincidence….I call it a nice plan that they are following.
DELTA: You remember Frankie that I talked on this subject and really believe that Iran and Iraq are really connected and remember when I told you a while back that the Board of Directors of the CBI…they have 3 or 4 directors high ranking officials that are very sympathetic to Iran. Why is it too that the western nations like the US and European countries are so willing to give Iran whatever they want.
Why was this deal struck so fast, all feeling that they had to agree so quickly with Iran. The only thing that comes to mind is it has to also be linked to the Iraqi dinar. Even with Maliki why do you think he would delay things when Shabibi was ready….don’t you think Iran knows the plan….IMO…Iran is well aware of the UST and other treasuries in other countries holding dinar….IMO Iran is aware.
Frank: I just said before you came on they are about to release $100 billion frozen assets for Iran and that is why….IMO….Iran can run with their Monetary Reform much faster than what Iraq had to…Iraq was under a Marshall Plan….they were under a program rate….the Iranian Rial….no that is a completely different story….they had no war….they didn’t have to rebuild their banks or their industry, their government….they have everything they need.
They landed with their feet running….and that is why they were so cocky in December and I have the article where they said we are going to lift the value of our currency on June 1st 2016…..I thought you can’t do that…but the more I studied and realized…..good God these guys are much farther advanced than what Iraq was with their reforms….and then on top of that….they got stuff that we want and that is your point DELTA….as much as I hate to say it….where do you keep your enemies Family….at a distance….of course not…..you keep them right at your chest…you can feel their heart beat, you can smell their body odor (YUCK)…..you can count their breaths (Here’s a mint)…..that is intel you want about your enemy.
It is so ironic that in today’s war…cyber war we don’t go to war we instead kill each other financially now days instead of doing it with human lives. It is amazing we have gotten this close with our enemies because of the high technology of this world.
I dislike the fact that we are involved with China, Iran, and even Iraq, but I understand the need of it and I also know there were many deals that were done that I have to just be ignorant about….that is all there is to it.
DELTA: Absolutely Frankie…the Iranian Rial is already Article 8 compliant…the only reason they stopped using it was they were under sanctions….but it should be very easy for them to go international….
I do believe that it was in December that the Central Bank of Iran was stating by the middle of 2016 the Rial might go up in value….their stock market went up something like 1,000 points as soon as the announcement was made the sanctions had been lifted….so we know a lot of things are going to happen…the point behind all of this is what does the US gain from this…what does the European Union gain…nothing….profits will be made faster…even Iraq announced that the lifting of the Iran sanctions will make Iraq prosper….is this like letting the cat out of the bag…how will Iraq prosper…I do think this is all really big what we are seeing right now and we continue to keep watching what is going on.
Frank: I think this announcement is so big I can’t even measure it….think about it….they are not using their currency….they just told their banks….hey guys it’s possible we are Article 8 compliant because we go the 2% and our rate went from 1182 to 1180…that’s an increase…..it’s possible they are doing the math to finish this and take it to 1 to 1 or whatever rate….it’s possible….so we better get ready….start getting ready to receive international money…..the Mexican peso….the Canadian Looney….whatever currency…and when we get this currency and we exchange it for ours we are going to make a profit…..and the banks say to the CBI….what profit is there at 1180….look just be patient there is new math coming…but right now we gotta put our socks on because the shoes are coming.
DELTA: I read an article a while back that I translated to the Family….we have to work with whatever we have right now…..but by the way the international rate is under study and as soon as we get the report and we get the answer from the international community about the rate then we will let you know how much it is….so this is what they have been telling the banks…..so we have the IMF report if you haven’t read it go look for it and read it……definitely this is the year that Iraq has to move to Article 8 and when they move to Article 8 it won’t be at 1180….Iraq is one of the richest countries in the world today….but remember they have had to spend a lot of money for the army to defeat the terrorists….they do need to move quickly now IMO…..and thank God they have the backing of the IMF and the WB…and I do believe it will be faster than what a lot of us might think.
Frank: This guy in the article that WS posted I think he finally just decided to confess what he knew.
I have a file that we wanted to talk about it is a study on double-dipping but I am going to save it for tomorrow. I think it is the right time to talk about it because you see the speed that the IMF is going through with the Iraqi dinar is what is going to prevent double-dipping….the IMF….we should not be so cocky…we should not be so vain that we think we are going to pull one over on the IMF. The IMF knows about double-dipping and they know about all the currencies…who’s in what basket….but I also feel from this study we have here they are not going to allow double-dipping which in turn to us can only be equated to one thing…the Iraqi dinar is first and that is why they are beating it up like crazy right now….and we are going to stick to our guns and they have a contract they will fulfill in the first half of this year.
Family if you want to ask us any questions go ahead and post them.
Oh by the way DELTA many of the Family did go and study the pdf files and a number saw and realize Articles 18, 19, and 20 and saw that it talked about replacing their exchange rate…this is all wonderful.
Question: Will we ever be able to exchange Rials for USD’s.
Answer: Our reserves have the Rial in it….if we cannot exchange it what is it doing in our reserves. I remember this it came from another site and is garbage.
Question: An article today from the CBI encouraging the private banks to push loans to the private sector isn’t this evidence of them being out of Article 8.
Answer: It’s food for thought….what is going on….as soon as they pass what the IMF wants they will be Article 8…remember a long time ago the IMF told them you have to implement the tariffs and lift the 000’s…and now the IMF looks like they agreed to that…Iraq has basically to lift the 000’s….
Now we know what is going on an that is why you don’t see the Iraqi dinar in any bank in Europe because if they don’t do the currency reform they will never see Article 8….we do believe the currency reform and the rate and then they will be Article 8 compliant…..first the rate then Article 8…..they are under review…they have to do certain things in order to get Article 8…A + B + C = Article 8….order…order must be done in order….the currency reform….lift the 000’s….revalue the currency….then IMF will agree to move them to Article 8….
They have clearly move all restrictions from the IMF report…..don’t be surprised to see it revalue but not be international….if you hear it is 1 to 1 tonight, don’t expect that to be seen or accepted in Wells Fargo right way…it will take time…..they already are collecting 000’s by using the 50k, making it easier to phase things out….Iraq is moving as fast as they can….but don’t be surprised if you don’t see the rate at your bank right away….it will be coming.
To summarize where we are at DELTA give your opinion of where the Article 8, new math, etc….will they take all six months.
DELTA: No, they do have till the end of June to finish…but I think by sometime around March or April they should be done. They will have another banking conference that will be different than before….before I forget in that IMF report they said they have to remove the expression “exchange rate”….investors want to see that Iraq is serious about moving forward….they want to see benchmarks and no delays going forward….they should be moving very fast….be relaxed we are very close,
The CBI knows this, the government knows this….even Abadi has stated he wants this done as son as possible….he wants to pay international banking with his own currency and not have to dip into reserves…..to survive Iraq needs to comply and gain Article 8….they have to do something to make the dinars more than a dollar so look for something higher…..look for the market economy….all these investors and companies when they see Iraq is serious they will flood Iraq with construction and money….they wait on one thing…revaluation and Iraq moving forward. Be patient, 2016 will be our year. Love you all.
Frank: Love you too, talk to you tomorrow.
Family that was DELTA’s opinion and here is my opinion….I agree with DELTA….this is the first time since 2008 that I believe the program rate will be removed with mathematics that are being calculated now and that things will be turned around in this first half….
I still believe the price of oil will turn around by sometime in February….the price of oil can be manipulated with the blink of an eye….but are they ready for that….I don’t think that is a scare tactic they use now….I do believe they use sanctions as a threat.
I will leave you with this….tomorrow after the Bible study I am not sure I even want to talk, but on Wednesday yes.
We are Christians here at KTFA….take the Holy Bible Revelation Chapter 6 Verse 6 as we pray in closing.
1/19/2016 0:00
BAGHDAD Hussein al-Tamimi Tgb
stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy) .
He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results, and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currencyThis in turn will give the power of the economic process in Iraq.
He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets, also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks, instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country’s economy in the Renaissance.
TNT CHAT UPDATE, 19 JAN
TennWolfMan: CBI guys, IMF guys, and World Bank guys are to meet in NY today to try to nail down a rate. Lets all pray it will be a successful meeting..
JerseyBoysFanin: DAVOS meeting today, CBI coming to New York, Meeting with the IMF and World Banks to agree on the rate for the Iraqi Dinar… is being reported on Open Mic this morning. Ya’ll should be rejoicing and with uncontainable joy right now.
DC New York also said something else that I didn’t catch all of. It was regarding the new rate for the Iraqi dinar. All other currencies have rates listed, but the Iraqi dinar is blank…. like they are waiting to insert the new rate in that spot. COME ON!!!!!!!!!!
Per DC New York… article on pegging the Iraqi dinar to the global economy…. It’s an Iraqi article. She is going to have Tish post it here on the forum. The title of the article will be “The invitation of the IRaqi Dinar Linked to the Global Economy”. Look for that to be posted shortly.
Uenvoy : But seeing that the news is traveling that the CBI is removing the auctions, and going to float the dinar on the international exchanges. Lets see how long that will take. Like I said hopefully before the end of this week. keeping my fingers crossed.
Dallred123 I just know that this is going down after tomorrow. i think Martha is on to something if you catch my drift. i dont buy all that is said i just said i think she is on to something
************
Skyward100: Good Morning Tnt family. Here is something I found this morning. Have a great day everyone http://english.alarabiya.net/en/business/banking-and-finance/2016/01/1 9/Iran-to-get-32-bln-of-unfrozen-assets-after-sanctions-end-.html
************
An invitation to link the Iraqi dinar to the global economy
1/19/2016 0:00
BAGHDAD Hussein al-Tamimi Tgb
stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy) .
He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results, and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency
This in turn will give the power of the economic process in Iraq. He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets, also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks, instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country’s economy in the Renaissance.
CHAT WITH MARTHA & IKO WARD, 19 JAN
LOAN Officer within WF receiving swift codes to do final input tomorrow. treat as rumor. watching ships like an electronic hawk.
IKO..THE N GULF IS FULL WITH TANKERS TYING UP TO IRANIAN PIERS..TUGS, SUPPLY SHIPS ALL THERE.
ships are not tied up and left . but, supplies, and some tankers up and down the iranian coast. money starting to flow MONEY IS STARTING TO FLOW…QUESTION IS WHERE IS IT FLOWING FROM.. regarding waiting for oil rates to be official, the past 2-1/2 days, once the oil dropped below 29, feels they are negotiating how things are to be set thing up. iran is coming onto the internatinal market, and cannot come unless these other countries come out. china wil not allow this it’s like a huge red neon sign: the RV is here. maybe not until tonight/tomorrow at 3am..but it’s here.
IRAN HAS RI’D AND THEY ARE DOING BUSINESS NOW. all of the previous commerce agreements will be made to happen, and makes sense to him that the RV, is following the RI. Call banks, can I exchange the Rial? Banker: NO.
IKO: LOOKING AT MARINE TRAFFIC SITE, STATIONED A PILOT SHIP..WHICH IS USED TO DOCK SUPER TANKERS TO START PUMPING OIL IN A FEW HOURS, we’re watching an efficient shipping situation, iran has ramped up for it, we’re past the point of return, not a slow roll out any longer.
MARTHA: READ IN REUTERS IRAN HAS RI’D AND HOPEFULLY WITHIN THE NEXT 48 HRS THEY WILL RV. HEARD THERE WAS A PROBLEM WITH SHIPMENT FROM VENEZUELA TO IRAN (SIDE DEAL MAYBE) THAT NEEDS TO BE STRAIGHTENED OUT
MARTHA…IF IRAQ COMING TO WASHINGTON MAYBE IT IS TO SETTLE ON THE CORRECT RATES
WHAT IS YOUR “FEEL GOOD TIMEFRAME”?
MARTHA WEDNESDAY BUT IT WILL HAPPEN FAST, THE DOOR OPENS STARTING WED. IRAN WAS TO DO SOMETHING 48 HRS AFTER THE FACT, THEY RI’D ALREADY
they rial has been reinstated, but lots of paperwork needs to be cleared, money deals on table, A. Merkel now opeing up trade agreements with iran; when al is said and done, the rial with rv with the basket of currencies. but, is happening backwards. rial has reinstated, next two days, we should have an rv for everyone. not going to come out seperately. will be together. IRAQ is the shiny star. all will become traded currencies, all banks will be doing the exchanges. they are all getting ready.
MARTHA: 2ND BASKET A REPEAT OF FIRST BASKET THEN N11 COUNTRIES, MOST SE ASIAN, IRAQ, YUAN, US DOLLAR NOT IN, ZIM, INDIAN RUPEE,VIETNAM
2ND BASKET YOU WILL BE PAYING FULL PRICE FOR THE CURRENCY.. the ZIM, will be the international rate, not going to really make any more money, as you will be paying full price for that currency. cannot trade off. VNN AND IQN IN SECOND BASKET.
THEY BALANCE AND COMPLIMENT EACH OTHER Reason for the 2nd Basket, they balance, they compliment, cold be perhaps for the general public. Other countries, 2 or so African contries, may come out as ‘sleepers’ as they’ve not switched their currencies. OTHER 2ND BASKET COUNTRIES .AFRICAN COUNTRIES..SLEEPER COUNTRIES, YOU WILL DO MUCH BETTER IN THE 1ST BASKET EXCEPT MAYBE THE BRICS NATIONS..SOUTH AFRICA AND ZAMBIA MAYBE. Except for the Sleepers.
Re all the rumors abut the meeting tomorrow, the rates / cbi, — do you really believe that is what’s going on right now, considering Iraq has already negotiated these things?
IKO, I have mixed signals.
Martha. it’s just a formality. Tomorrow, she thinks it just a look at balancing things out, Cards at $3.41 – $4.71 MEETING IS A FORMALITY TO COME TO A HARD RATE WHERE IRAN AND IRAQ WILL HAVE PARITY, WHERE ALL COUNTRIES WILL BE WITHIN .50 OF EACH OTHER
IKO guess is, that level of control has been lost. may well be a shotgun approach, we will all know at once, banks will handle us in different ways TOO PUBLIC NOW. JUST DO NOT SEE IT HAPPENING THE WAY WE WERE TAUGHT. there will be a lot of people to process our needs, work long hours, do what it takes. THE MINUTE I HEAR ABOUT THIS I AM EXCHANGING EVERYTHING NOT GOING TO WAIT, heard there is a huge meeting happening in the background of the meeting tomorrow. the rest of the world is watching the front show, we know more of the back meetings
THE SANCTIONS HAVE HURT IRAN —IRAN HAS BEEN A LEAD NATION THROUGHOUT HISTORY I: WHAT THEY HAVE DONE IN THE PAST 3-4 DAYS is a miracle. LOOK HOW THEY MOBILIZED LOOK AT THE HARD INFORMATION THAT IS COMING OUT look at the hard information, not interpertations. no room for mis-interpertations. IT IS BLACK AND WHITE THIS IS WHAT WE ARE DOING TOMORROW. CATAPILLAR STOCK GIVE A COUPLE OF WEEKS WATCH WHAT HAPPENS
IF HAPPENS TOMORROW STAY CALM GET BEST RATE YOU CAN BE THRILLED WITH THAT AMOUNT OF MONEY PARK IN SAFE PLACES SIT BACK FOR AWHILE
I would just add to what Martha said, if this happens tomorrow, or next day: stay level headed, don’t be afraid of banker, negotiatate best rate you can, find different ways to park it in safe accords, sit back, have a Blue Moon …no one has written this script for post RV. smart thing to do: wait and see what happens, act accordingly.
Poppy3 things ARE SO GOOD I’M GOING TO PUT MY WHOOPOOW SHIRT ON. GREAT NEWS ALL DAY AND SOUNDS LIKE ALL THE WAY THROUGH TUESDAY WILL BE EXCITING….HEARD LOTS OF VERY POSITIVE THINGS TODAY. EXCUSE THAT I CANT EXPLAIN…WE ARE LOOKING VERY GOOD.
Firefly: There will be no fanfare, no fireworks and no announcements. I feel VERY confident of actions happening right now. Just know we are sitting in a VERY sweet spot right now. I don’t believe we have long to wait at all. Best get your teams together ASAP.
Anonymous: The Country of Iran has revalue it’s currency, as I have always stated Iran cannot have any sanctions once lifted we will see our own revaluations,we’ll that just happened today,it is the first country of the basket of twenty to revaluate, all the rest should follow through within the following hours. The world as we know it went bankrupt today and something must change and must take place for the sake of all the people of the world. 204 countries should revalue or devalue and are on schedule, nuff said. Anonymous
(should be ri first then rv)
waveman_pops: I’m so sorry to say if it has the Iranians don’t know that. I’ve talked to a Friend of mine today who just arrived there and this is today’s rates she sent me. $1 = 3,615 buy
$1 = 3,620 sell. Its possible that it will go public even in country tomorrow as a lot of peeps are saying. We hope it’s so.
BREITLING REPORT, 19 JAN
BGG CHAT UPDATE, 19 JAN
BGG: first off – she’s first.
BGG: and secondly – she fixed a Chef Salad and Chicken Mignon…
BGG: and however awesome you can dream it up – KEEP going.
BGG: it’s out in that neighborhood…
satrib says to BGG You ready to start publishing exchange instructions?
BGG says to satrib: VERY SOON – BGG says to satrib: I am ready
Satrib says to BGG: cool
BGG says to satrib: ANY SECOND NOW!!
Pablo: Is that a hint?
BGG says to satrib: back to the imporant issue…
satrib says to BGG hang on…need pncil and paper
BGG says to satrib: and that is …
BGG: I will send a pic of the meal tonite as the very first post – on the new DINAR UPDATES FaceBook Group… BGG: coming soon…
satrib says to BGG: very cool
BGG: and you will see why I put things off a few minutes.
diagyAAAE says to BGG: is the group by invite only?
BGG: See what I just did??
BGG says to diagyAAAE: Oh yeah… BGG says to diagyAAAE: invite only.
diagyAAAE says to BGG: ok
dovi says to diagyAAAE: I’m not invited either
BGG says to diagyAAAE: you will all be able to invite others.
satrib says to BGG: invite y email?
BGG says to satrib: via FB – it will work.
diagyAAAE says to BGG: ok cool
satrib says to BGG: when?
BGG: I am also going to field a REAL YouTUBE Channel…
BGG: you can see it – hear it … and call IN!! BGG: LEGIT.
diagyAAAE: wow! diagyAAAE: sounds good
dovi says to BGG: great!
BGG: We will keep the chat room – because there is no way to do a “News Time” per se – on FB…
BGG: but we will make this available to more peeps.
diagyAAAE: group messaging actually diagyAAAE: would be very similar to chat
BGG: FlashChat and their RIDICULOUS customer service is really starting to bug me.
wmawhite: BGG.on youtube……SUPER!!!!
_firefly_ says to BGG: Thank god lol
BGG says to wmawhite: We’re gonna’ be LIVE soon.
Cricket22 says to BGG: When should it be ready on FB?
satrib says to BGG: when??
Cricket22 says to BGG: Oh ok.
BGG says to Cricket22: 24 hours
Cricket22 says to BGG: Thank you
Holly1: i missed it all ( Shucks
Cricket22 says to BGG: I seen SOON.
templejc: Are we that close to the day we have been waiting for for so long?
BGG says to templejc: Very
dovi says to BGG: faint
TrueDinar: is there going to be any Dinar news or updates
Pablo: Me? I don’t have a question.
_firefly_ says to BGG: You better get on it before ……. lol
BGG says to dovi: Did you think I would “lay down and quit” at the end?? Seriously??
larrykn: not our BGG
Tex1: I hope to be live when Dinar RV’s
dovi says to BGG: never!
agape: Iraq ranked 37th among 100 countries in gold reserves. Iraq did not buy gold since April 2014, in which it bought 15.16 tons. Iraq is ranked the 37th among 100 countries.
The Central Bank of Iraq announced on Thursday (April 3, 2014), that Iraq’s gold reserves reached 90 tons to support the value of the Iraqi dinar, noting that it contributes to the strengthening of the national economy.
Seems to me they are getting ready for something big. Something oil can’t do for them??? Could it be an RV???? ☺
BGG says to agape: There is virtually – NO OTHER ANSWER!!
satrib says to BGG: I may cry
ljenterprises: Thanks On FB is your site Dinar Updates or Iraqi Dinar Updates?
BGG: FYI – since this has turned into a WILD Q & A – that’s what it is…
sassy: BGG you rock
ljenterprises: But what will it be as there is an Iraqi Dinar update site
BGG Holly1: GE – and thank you for your vast efforts to the community.
satrib BGG: so you sweiously feel any second
BGG ljenterprises: stay tuned for the announcement.
BGG ljenterprises: it will be on the BLOG and THE OBSERVER!!
Holly1 BGG: you are welcome … you know I love what I do … Crazy Holly
maine: is maliki arrested yet?
_firefly_ maine: No
Holly1 maine: NO……
templejc: I have been waiting for so long – I find myself with unbelief in my heart – what would you like to say to me and others who feel as I do?
Mrs BGG Loop: Thank you for all of your News Research in the forum!!
BGG Loop: rcookie, tman23, (obviously Mr White – my dear friend), Jimmy, Haus, Sheila – and, and, and – there are sooooo many people who make this thing go…
BGG Loop: We really appreciate everything you all do.
benvetted: HOLLY…..thx so much for the great news from your contact in iraq
Larrykn: so is this site going to be gone then and we will have just chat, fb and youtube ?
Loop BGG: It’s a great team effort.
BGG templejc: You should call Mrs BGG and she will SINGLE-HANDEDLY fix your FAITH…
templejc BGG: I have been waiting for so long – I find myself with unbelief in my heart – what would you loike to say to me and others who feel as I do?
BGG larrykn: Just more up-to-date additions…
BGG says to larrykn: we have to keep Chat – there is no way to do “News Time” without it.
wmawhite says to BGG: Need to address templejc
benvetted: wmawhite….indeed
BGG says to wmawhite: I just did – but give him your perspective – please.
templejc: OK thanks
Babe: great article…had to read it repeatedly
Loopback: An invitation to link the Iraqi dinar to the global economy
Read More : http://www.dinarupdates.com/showthre…l-economy-1-18
_firefly_ says to wmawhite: So are they telling us something?
BGG says to Holly1: BTW – we LOVE Jim – and he got my message. However, Mr White will help out…
wmawhite says to templejc: This is what the IMF told the world they expect in the first part of 2016.
BGG says to Loopback: and THAT is THe biggest piece of news in a while…
BGG says to Loopback: glad it came up. I was wondering…
Loopback: HUGE
Holly1 says to Loopback: yippppppppeeeeeeeeeeee
templejc: thanks gang
wmawhite says to templejc: Nobody is hiding this ……..we are the only folks who stay in the dark.
_firefly_ says to BGG: Bigger than HUGE !!!!!
wmawhite says to templejc: stay
Hutch says to BGG: BIG news
maine: why is maliki being allowed to be free still?
Holly1 says to _firefly_: so huge ready to bust …. (F)
Loopback: Does anyone know who Iraq Osama Mahmoud is? He is the one quoted in the article.
satrib says to Loopback: that would be my ?
WEDNESDAY, JANUARY 20, 2016
Landa Global CC today 1-20-16, 20 JAN
Landa Global CC today 1-20-16
Landa Global has been hosting a dial-in conference to inform holders of assets and intermediaries of the current status of the historic bond processes, and general information in respect of procedures.
In addition, Landa and Humanus host Guest Speakers that offer a glimpse into the various Project sectors Humanus is actively supporting, as well as funding.
To access the weekly conference, please observe the following information:
Date: Each Wednesday
Time: 4:00 p.m. CST (USA) or 5:00 p.m. EST (New York
Conference Number: 641-715-3580
Access Code: 484-959#
International: See international call numbers below. Access code is the same as above.
http://landachinaglobal.com/conferences.php
MNT. GOAT UPDATE, 20 JAN
by Mnt Goat
Hello Everyone,
Sometimes news we hear seems gloomy and we think we may have to wait yet longer for the RV. We are thinking this way because we have a problem connecting the dots to see the entire, full picture in this RV sagapuzzle.
So again today I am pointing out many connections for you again and helping you see how to connect the dots and get the BIG picture of what is going on here.
Today’s News
Today is Wednesday January 20th 2016 and yes we are very close already to the last week of January and still no RV. It seems, however, the further we go into January the clearer it is appearing to us that Iraq fully recognizes and intends to implement the needed currency reforms. They also know they can not fool around with their political stalling any longer.
This week the Abadi’s council of ministers has a meeting to reviewradical solutions to rid Iraq of it’s economic crisis. I will reviewsome of these solutions that were tried in the past and new ones they are now considering. Pay attention to this news letter today since I am telling you so much about what is about to happen.
So Monday I brought news of the IMF mission to Iraq in reaching an agreement for a Staff-Monitored Program (SMP) and an important MOU that went with it and press version of the it all. Based on the best information we have at this time it now appears that the IMF and Iraq are working closely together towards a late February/ early Marchtimeline for movement to Article 8 of UN charter for Iraq. This is of course not a predicted date but is just what the news seems to be telling us.
Can this new timeline be also tied to the effort to rid Iraq of ISIS? Most probably it is but let’s look at the timelines in the SMP as our basis for surely they included completing the fighting of ISIS in their evaluations. Why wouldn’t they? You tell me because I don’t know.
I totally expect to see more and more articles come out about the Iraq currency reform and the “project to delete the zeros”. But first parliament must get this “basket” of laws completed, as I explained in my last news letter. We know that parliament has come back into session and we wait to see their agendas.
So based on the MOU dated January 12th there are challenges for the CBI to unify the exchange rate of the dinar across Iraq and control it against the dollar. But we all know this news is nothing new since we have read article after article from Tamini on this topic. So how will they do it?
Next we are hearing increased pressure to implement the Tariffs in boarder areas, especially with the Kurdistan region. Again I will say this new Tariff is like a double edged sword without having an international currency. Let me explain.
On one side it hurts the Iraqi economy since the tariff fees will be passed down to the citizens in increased prices in goods in the market place. Today citizens are already ridden with inflation with provisional currency and the rounding up process due to the large three zero notes and inability to make proper change. Remember also they want to launch the 50k notes in early February too (which we know for the common person is felt to be another burden and cause more inflation).
But they know part of the diversification process for Iraq is also to put pressure on the economy to begin production of domestic goods and services to circumvent any Tariff fees on imports. Iraq wants more exports not more imports. The GOI also wants the Iraqi citizens to begin using goods and services as produced from within their own country.
Now let’s circle back to the other problem (the other edge of the sword) when they do begin to ramp up to selling more exports as part of this diversification process and that is – How do they transact with the outside world on a global scale without a global currency? And much more than that – How will they transact with the global banks through the WTO and so also meet the standard global banking protocols by using your own countries currency and having it valued on the global exchanges to keep its value consistent with all entities using it? This is one purpose for the global money exchanges.
But wait a second Iraq can not now do this since they are under Article14 of the UN charter and are not allowed to transact with the rest of the world using their own currency (the dinar). We know currently they must convert the dinar to another foreign currency namely the US dollar for all transactions to pay for imports or even to sell oil to the outside world.
So you see in the MOU and the SMP I presented to you on Monday’s news letter how important this news was to us and what it was telling us. There is so much at stake in getting a global currency recognized for Iraq (and one that is of it’s true asset backed value).
So the article below is yet another indication of the pressure to get the Tariffs underway. We now know that it is more than just about increased tariff revenues but about forcing more domestic production an incentives to bring more foreign investors to operate inside Iraq.
Article Begins
THE APPLICATION OF CUSTOMS DUTIES ON GOODS ENTERING IRAQ TARIFF
1/19/2016
Baghdad Al-Sabah
Announced that General Customs Authority to start applying the tariff law on goods entering Iraq, including the Kurdistan region.
He said Associate Director of body shimmer Samurai morning: The body began applying the tariff law on all land, air and sea ports, including Kurdistan region with effect from Monday.
He added that trucks will pay amounts ranging from 5 to 25 percent of the value of the goods met by the Commission staff who are stationed on the cities, particularly Baghdad outlets.
Article Ends
Article Begins
THE EXCHANGE RATE AND THE PARALLEL MARKET NOISE
1/19/2016
Mohammed Sharif Abu Mayssam
Uproar provoked in parallel for buying and selling the dollar market last Wednesday, which resulted in the exchange rate appreciation in less than six hours to around 40 dinars to the dollar gives a very clear indication of the ability of speculators in the recruitment propaganda in order to prejudice the market movement and specifically the exchange rate.
This indicates the fragility of the first monetary stability and to wasting in the body of the commercial selection in the market about the rumors and propaganda fluent employed speculators at any time in order to turn a profit or hurt the national economy.
The central bank, quickly lied reports that break into the premises, and stop operations to sell the dollar, stressing the continuation of the currency sale to finance foreign trade and meet the market needs of the dollar, but the fluctuations in the exchange rate has remained between 1250 to 1290 dinars to the dollar, it has not seen the market stable even writing this article.
This refers to a set of facts that should be recognized them to put processors in particular, and we are embarking on a phase will see more changes in the commercial and financial and monetary reality, and the first of these facts is the case of non-monetary stability, despite the significant attrition in central bank reserves resulting from the sale of the dollar in large quantities every day are not commensurate with oil revenues, if we know.
The function of the central bank next to his direct supervision on the performance of government and private banks is to maintain monetary stability and by, in order to create a stable climate for local and foreign investments that rely feasibility where a fixed rate in the price of studies of exchange.
It is clear that the beneficiaries of the support selling the dollar at the central auction by the import of goods at a subsidized price is estimated at 1182 dinars to the dollar, do not just huge profits they earn them and following them due to the difference between the subsidized price and the price of the parallel market for imported goods, as well as the value added to the profit margin, as taking advantage of their control and monopoly of the market and they make noise when what they want motives may be suspicious business or in order to damage the situation of stability of other motives leave it to the reader, and remained this case is prevailing since the start of the work of the Central auctions to this day, which means that the monetary stability practical sense will not be achieved as long as the country in a state of political and security confusion and as long as the traders who enter the auction Central are the speculators in order to reap more profits, which calls for the central to search for another way to intervene in the market and achieve monetary stability, if the government and private banks to adopt and more banking offices licensed to sell the currency mechanism Court included the sale of the designated quantity and at a specific price per day for those who have savings in dinars Iraqi banks to ensure not fall into the «dollarization of the market» and damage the banking system based on encouraging savings in local currency, along with the importance of the work of bank credits to ensure go remittances to finance foreign trade in order to stop the attrition in the central reserves, and as long as measures conducive always more noise in the markets as a result tattoo speculators, and the government as long as the past in its austerity and reform, the need for seriousness in the implementation of any measures will be an order of urgency.
We propose here to open the door to volunteers of the Central staff of government and banks to work within a team oversees the application of strict mechanism generally speculators to ease the damage to the poor classes during the next phase, as will experience of the middle class to a decline in its revenues due to adjustments in staff salaries and raise tax collection rates and collection services next to deductions Social Security and withholding support for the displaced folk crowd, what necessarily mean lower demand for luxury goods and entertainment services and non-essential goods rates, along with the importance of pressure on the departments of specialized banks to launch the Central Bank loans amounting to about 5 trillion dinars electronic mechanisms reduce red tape and corruption, after the private banks began firing small business loans supported by the Central also estimated trillion and 200 billion dinars, which means the possibility of meeting some of the local demand for goods, and thus relieve demand for the currency difficult and employment, especially since the application of customs tariff law, will add support for these elements available towards accelerating in finding solutions, but the foot-dragging and lack of seriousness would create a climate of noise speculators and users in order to raise prices, which requires condensation media to guide public opinion of the importance of relying on local product to limit the flow of the dollar abroad and activating the role of the real sectors and sectors chock her which will be placed in the service of the people and the national economy at the same time, and thus can skip to adapt the least damage on condition activating the laws that regulate market relations stage and in the forefront of the competition law and antitrust and consumer protection law and the law of
work.
The current stage through which the Iraqi economy that are linked one way or another to the war on pivotal terrorism and corruption together, you need ideas and work hard to get out of the turn of the financial crisis and economic rent to the path leading to economic development as little as possible of losses that can be visited on the poor in favor of the class the bourgeoisie created by the scourge of corruption and financial mismanagement.
Article Ends
Update: Currency Reforms
So I bring the article below to you because now it seems finally all alternatives to bridging the fiscal deficit are now being considered. One of them under study is to increase the value of the dinar. Wow! What took them so long to figure this one out? …lol…..lol….
I quote from the article below – ” there are several measures of the government to overcome this crisis and is now in the process of study, including raising taxes and the value of the currency in order to plug in the budget”.
As I said previously that these lower oil prices are actually in our favor and is pushing Iraq to aggressively make moves towards the much needed currency reforms. The last paragraph also tells us of other alternatives they have already tried and we all know just successful they were….lol…lol… without an international currency.
Now you know why the IMF is helping Iraq so aggressively in getting them ready for the RV (make reference to my last news letter).
Article Begins
VICE CALLING ON THE GOVERNMENT TO RAISE TAXES AND THE VALUE OF THECURRENCY TO BRIDGE THE BUDGET DEFICIT
2016/1/19
Baghdad-
Deputy for the National Alliance called on the government to RAISE taxes and THE VALUE OF THE CURRENCY to cover the deficit in the fiscal budget.
Sadiq frankincense told all of Iraq that “the economic situation may be confusing but bridging the fiscal deficit is a real dilemma, noting that” there are several measures of the government to overcome this crisis and is now in the process of study, including raising taxes and the value of the currency in order to plug in the budget.
“The government is moving to all solutions and percentages simple even not be the there are gaps or heavy burden on the citizen.
The Commission on oil and energy parliamentary member Jamal Panthers, said in a statement to that” the country to the brink of bankruptcy as a result of the financial crisis and low prices oil.”
It is noteworthy that, oil prices witnessed over the past week, a collapse remarkable which recorded the lowest level over the past 12 years since I arrived last Friday to $ 25 a barrel for a basket of crudes OPEC and less than $ 30 for Brent.
The Office of the Prime Minister Haider al-Abadi, confirmed last Friday, the government continues to search for sources of funding out of the economic crisis, including internal and external borrowing and taxation and activating the customs tariff and selling bonds, international and internal subscription and implementation of projects on credit.
A spokesman for the Office Saad al-Hadithi’s [where], “The government has drawn up plans in budget 2016 approved by Parliament is in the search for sources of financing be helping and assisting the oil sources, “noting that” the adoption of the budget on oil sources this stage is no longer feasible.
He said Sabri that” there are other options carried out by the Iraqi government through A BOND OFFERING, OR IPO INTERNAL OR EVEN INTERNATIONAL BOND SALE AND IMPLEMENTATION OF SOME PROJECTS ON CREDIT PAYMENT SYSTEM according to the specific percentages do not conflict with Iraq’s economic future, “.
Article Ends
Next I am bringing you news of this banking conference to be held by Iraq. Why do you think they are having this conference and what will they be talking about ?
If Iraqi banks are to conform to the WTO and IMF global banking regulations they must consult with those that have already been in the process. These are their neighboring countries and they will have to coordinate for inter banking transactions in the near future. These are their trading partners. These are countries that will be selling (imports) and buying (exports) from Iraq.
So articles like this are good but we must always tie what they are now telling us to what we know they must do for future efforts. They just don’t put these articles out to be nice. They are informing us. They are giving us another piece to the puzzle.
Article Begins
IRAQ HOSTS THE FINANCIAL AND BANKING CONFERENCE NEXT MARCH
January 19, 2016
Direct: State of Iraq, will host the third International Conference on Finance and Banking, in an open dialogue between Iraqi officials and international business partners and investors within and outside the financial services sector.
The event will be held from 7 to March 8, 2016 in Beirut, Lebanon.
It will address “the Conference” opportunities for professionals and foreign investors IN THE DEVELOPMENT OF THE BANKING SECTOR IN IRAQ, by creating a platform for all stakeholders to network with key decision makers, and exchange views and experiences and business deals.
Article Ends
Update: Abadi Economic Reforms
I knew this was coming in spite of the GOI denials that they would resort to this action.
Article Begins
MEMBERS OF THE HOUSE OF REPRESENTATIVES TO REDUCE THE SALARIES OF HALF ENTERS INTO FORCE
Baghdad-Iraq-Presse -20 January 2016:
Detection of the parliamentary finance committee member Masood Haider, Wednesday, from entering the reduction of the salaries of members of parliament in half into force, while noting that the council past administrative reforms.
Haider said in a press statement, “The reforms included by the House of Representatives within the financial budget for 2016, entered into force,” noting that “reducing the salary of a member of the House of Representatives by 50% among the reforms, which fell from 12 million to six million Iraqi dinars” .
Haider said, “The reforms also included a reduction of the protections of the current MP and former half,” pointing to “reduce the percentage of 30% of the salaries of the staff of the House of Representatives, based on the reform of the paper presented by the House of Representatives and the government.”
He said a member of the parliamentary finance committee, that “the Council past reforms administrative system and activate the administrative institutions”, and the voice of the House of Representatives, in the March 12, 2015 during its 41 to reduce the salaries of the three presidencies law.
And honest Iraqi Council of Ministers, the beginning of the same month, a draft of the three presidencies and special grades reduce the salaries of the law, and turned it into the House of Representatives for approval, and ranged reduction rates according to the draft law between 80% and 40%, which was reduced three presidents allocations and their deputies by 80%
Article Ends
Update: Fighting ISIS
Let me now attempt to tie in the fighting of ISIS with the RV to help you understand. I am doing this again because there is just so much garbage intel being passed around by those who know very little about what is truly going on in Iraq.
So one thing we so know for sure is in all the timing of events for Iraq and recent monetary agreements between the IMF and the CBI is that the security of Iraq must be obtained first prior to any RV. But we must ask ourselves – but security at what level?
Will they sacrifice the entire Iraqi economy for the sake of a lack of security in one region? But how far must they go to ensure that any increased value in the dinar does not fall into the hands of the enemy namely ISIS and DAASH? These are all educated questions we must ask ourselves. All very good questions. So let us discuss them now.
I heard in many of the dinarland forums that many believe that the drop in oil prices was intentional as to starve ISIS and DAASH from revenues that support their terrorism. This could be true but it is only conjecture since the price of oil is determined mostly on the demand in the global market for the product and willingness to pay a price. You may not know it but oil is sold in very large volumes, like billions of barrels at a time, and so it is almost completely disconnected to the demand at your station pump since you must buy the completed product like it or not (if you drive a vehicle and heat your home). So the price is determined based on speculation of the ability and need to buy more and the ability to bring it to market. So if the price is low oil refineries stockpile large quantities of crude for the future (when they speculate prices could rise). This drives the price lower since their demand to buy more in the market lessons. It is a cycle.
As we know most of the revenues from these organizations come from stolen oil and from pillaging. Since they do not have a country how can you shut off their global cash flow by playing the currency game as we have seen happen in Iraq, Syria and Iran as well as many other countries in the past. We know this is almost now standard procedure when the UN needs to stifle a countries ability to make war. So you then do the next best thing. Since you can’t stop the flow of the oil to the market one thing you can do is drastically lower the price of oil thus limit the terrorists cash flows. Makes total sense to me. So is the drop in oil prices intentional then?
Let’s look at some of the other issues to the intentional dropping of oil prices:
– unofficial economic penalties against Russia for interference in Ukraine and Syria.
– can’t go for too long since it is going to soon kill the shale oil production in the USA. The USA has a policy of oil independence by the year 2020 and shale oil is an integral part of the plan.
If this is true then we should soon see the price of oil rise as this terrorist groups are ridden from oil rich countries and their ability to bring oil to market is limited, or at least let me say the pressure to bring about this increase is now very high.
So for bringing about the RV for Iraq is a catch -22 situation. If they raise the price of oil it will set Iraq up for a period when the RV could more easily but may also decrease the security situation in Iraq by spreading more terrorism. If you keep oil prices low or lower then you increase the security situation but you lesson the ability to roll out the increased value of the dinar thus the RV.
So in this second scenario Iraq along with the IMF must find alternative means to assist Iraq and move forward with their currency in spite of lower oil prices. We now know the plan and how they intend to do this. We have read the mandates in the SMP and we know the pressure to get the existing laws passed in parliament to facilitate some of these needed actions/reforms. We also now know a timeline, as sketchy as it may seem, it is still better than this misinformation, garbage intel of everyday / any day / every weekend crap we are hearing from particular forums and conference calls. We know also that these efforts will coincide with the efforts to rid Iraq of ISIS from Mosul region or establish a security situation that is BEST for Iraq going forward with the RV.
The answer is that oil is an important product of the area of Mosul. The Islamic State is alleged to be making significant sums of money selling oil and automotive petrol to the inhabitants of Mosul as well as exporting oil products. The battle for Mosul is not going to be cake walk since the USA does not want to make it their battle. It must be planned very carefully with all coalition forces. The KRG Barzani predicted it would take up to 6 months to clear Mosul and he may be correct if the right strategy, the amount of weapons, air and ground support is not provided. But I do not think this will be the case. We know the USA forces in Iraq now have a new commanding general as of last week and so let’s see what he brings to the table before we make any judgment calls on the timing of this effort. We don’t like assumptions, rumors or hype, instead just FACTS.
One more item today:
Let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe their success is in part some of the acceleration of the process we are now witnessing.
Remember too to pray to the princess of peace – Our Blessed Virgin Mary. She has the ear of Christ and she can intercede in heaven and bring us the peace we all desire here on earth. We can not do it alone. I believe that if we all make this our daily prayer you will see change. It is already working even in the short time since I have been publishing this prayer section. It does not matter what religion you believe, if you pray then to your oven beliefs entity it is still the same powers and good for all of mankind. Ultimately it is all the same God anyhow.
“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and Coalition Soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be Victorious against them! We ask that the Victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin!
We pray for the process of the currency reform, the full implementation of the Iraqi economy to full international status and the bringing of prosperity and wealth to its people“ Amen!
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All, Mnt Goat
TNT: Highlights from The Big Call, 20 JAN
Pinkroses: Bruce call: starting
Bruce call: Bruce: WE can almost celebrate on this call, that is how close we are
Bruce call: Prayer requests now
Bruce call: update on Okie, spoke to him on several calls they had. sounds much better today. had surgery, 8.5 hours. rehab facility right now, resting, getting stronger. Okie so thankful that the surgery has been complete. may have to go in for more
Bruce: Continue to lift Okie up for healing, had a lot of pain, a tough cookie. He is the kindnest, most thankful man, very proud of him, the whole community is. Going to tell him we all praying and thinking about him.
Bruce: Intel now
Bruce: sanctions been lifted, funds unfrozen, the 50 Billion dollars US had to release, Iraq had to be part of the swift banking system, another doc had to be signed, so Iran can receive their funds back
Bruce: they are working on that to get it done. Iran in position the Rial is right there ready to go. Rial not in the basket. heard there are tanker vehicles, ships at the port ready to off load approx. 3.5 million barrels of oil. happening right now.
Bruce: the first tankers being loaded and ready to disembark right now. Iran basically is back so much so the awib bank is actually putting Iran in position consider a founding member of that bank, moving that along too
Bruce: negotiaitons yesterday with Abadi and 5 other ME countries here last night, went through got last minute things handled. was successful. today top 8 banks meeting in NY to fine tune the portocall, they worked all out, meeting successful
Bruce: Out west things moving along nicely , should be completed if not tonight, then by morning. everything is moving along be in position to happen for us straight away. not be surprised if something went down tonite or tomorrow morning.
Bruce: that is what i feel comfortable to give you on what i know. this whole thing with Iran really did push this through for us. maybe they waited on purpose until Iran could be factored in. sure made a difference to pull things here.
Bruce: i just feel like this is something we are all ready for and can’t wait for it to happen. since almost here amazing feelings. rates all good. Can’t discuss rates, but they’ re really good. dinar high, zim still hanging around in rate area we talked about before.
’
Bruce: Rial, it is not only been RI’d, but ready to be Rv as well. today tuesday, they want us in to exchange this week i think. See what happens.
Bruce: expecting 800 numbers, emails, all of it. We will put info on our web site. probably not have call until Thursday, if we do have a call expect it to be a celebration call. Everything moving nicely. you are in a great place. you can rest having done and stand in faith.
Bruce: I know you will be well blessed.
Bruce: quick Q and A tonight, until 15 after the hour.
Bruce: Q and A starting one question Tuesday
Bruce call: caller: all 5 of the banks we think going to be our bank, everyone denied it to me that we going to be part of it. They heard about the centers and all.
Bruce: Even at this last minute there are people at the bank dont see it. what lesson you have learned? Dont call the banks.
Bruce: I been telling you for years, leave it alone. Some do have real relationships with bank managers, asset managers, wealth managers, they going to give you a different point of view. to save you headaches, better foryou not to even talk about it.
Bruce: some of us will be using regular banks, but not every bank will do the exchange. just be aware certain banks will and some wont. be smart and wait for the 800 numbers to come out and set an appt.
Bruce caller: i heard going to the bank up to 30 minutes for time to exchange and in and out
Bruce: the exchanges done so far been averaging 36 mins. we will have 30 to 50 minutes. no time to ask a million questions, but just get in and out, get the basic info, exchange set new acct up, set appt for wealth manager set.
Bruce caller: afgani going still in there?> Bruce: yes is in there.
Bruce caller: closest we been? Bruce: yes, a 104 occasions suppose to have it, it didnt. close because the resistance now has been reduced to where we dont really see anything in the way now.
Bruce caller: feeling about 30 dollar a barrel need to up to 35, 40 to see the rate? Mosul having to be secured before rate released?
Bruce: the oil pricing, we realize for the US to be successful we need to be around 40 dollars or more per barrel. I think where the oil is now, the rate is established now. the rate is there and ready to go. Mosul concern, i not sure whether it a factor other than we made good gains in Mosul
Bruce: Mosul is not over, but not know it is factor. Iraq is done, over, have had it for days. cards charged, set, buying things, ship loads of merchandise in port, ready to export oil, all set. Iraq is right there, all set, not an issue. rate in budget, signed.
Bruce caller: at one time you mentioned there are 29 small humanitarian groups going through, then heard Admiral group going through
Bruce: the humanitarina groups we heard were funded, but bonds still to let the funding go, but about to go the same time within moments of the Rv. most of the groups things are lining up nicely for all the groups
Bruce caller: we heard once Iraq were paid, we be next, is still true?
Brucecaller: slower roll out than we expected? Bruce: yes
Bruce caller: I was wondering this am, on dectives, someone named Anomouse, they said Iraq had to Rv, was done today?
Bruce: been done, i think yesterday. announcements been made. Iraq RI their rate, and now in postion had RV or will RV shortly
Bruce caller: wait few hours after them? Bruce: no, about same time.
Bruce: i would be reasonably excited cautiously optimistic, keep phone close, highly expected for really good news around the corner
Bruce caller: Zim, I love of the ZIm, i have Is the Zim above 25 cents? Bruce: yes
Bruce caller: Iran not been doing this oil for years and now able to do it because sanctions lifted?
Bruce: Iran been selling some oil on black market or private deals, butnot as openly as now they are doing.
Bruce caller: they are waiting?
Bruce: they were waiting suppose to move first shipment 5est.
Bruce call: Kent: tonight they were doing 500 barrels today. Bruce; Yes, they are ready to ship, and i think first tanker has sailed.
Bruce caller: RI?
Bruce: they have already RI. They are rocking and rolling right now
Bruce caller; saying Iraq as to be right now, not an independant thing?
Bruce: Iraq is done. using cards for days now.
Bruce: we are in process. this is going down, give it time to work our system. we are almost home.
Bruce caller: do you know anyting about the Republic?
Bruce: I know a little about it, but not to discuss on this call. too sensitive. too much for this call.
Bruce caller; at the time of our exchange, is it best to just get in and out. for those who hold the Iran currency much negotiation on the price?
Bruce; with the rial i know what the rate is now on the screens. with the amount of the investment in the currency, i be happy to take the screen rate and not even negotiate
Bruce caller: is there any update on the taxes?
Bruce: what i heard still no federal tax. we understand still a possibility some of the states will charge some type of capital gain tax, not sure about it. the federal tax not a factor supposed to be so.
Bruce: I am not a cpa, tax attorney, it is what i understand the situation is.
Bruce: it is already a slow roll out.
Bruce caller: the dinar still pegged to the dollar?
Bruce: Yes it is, it has a rate exchangable to the dollar
Bruce: is dong over $2>
Bruce: yes it is, much more than that
Bruce call: one more caller
Bruce: Q and A over
Bruce call: Bruce: thank everybody, really good mood, we have every reason to be in good mood. We are planning to have one call a week, a tap call once a week. most of us traveling, we will continue, a vet call soon after the Rv who want to be part of it
.
Bruce call: Bruce: look forward to a celebration call for all on Thursday. keep looking for emails. also 800 numbers on web site, keep staying fit.
Bruce call: Bruce: Appreciate you all. Kent praying call out
TNT CHAT UPDATE, 20 JAN
Sissy: Hello everyone. On OM said all agreements went good I n New York. UST will give the go. All is good. GO RV. Supposedly came from Elmer report to Room.
Dallred123: – Ok so my buddy has been in a training/meeting all day long they have been making sure that Iran and their banking software will match what he has been devolving he said it has been in the works for along time but that this was the final go.
Also he said this is the week I asked if we would have to wait for the weekend his exact word was no way. He said it can all be brought on any time day or night
Hitdoc: TAKE YOUR PHONE TO BED…JUST GOT A CALL SAID IT MAY BE GOING DOWN TONIGHT !!!!
Rtjerry: hitdoc, just got a call myself– time to make the doughnuts:)
Zzzzzzzz: Forex at 1055…. looks good to me!!! Time: 01/19/16 17:35 EST Open: 1055.0000 High: 1055.0000 Low: 1055.0000 Close: 1055.0000
Recognizelife: spoke to a banker friend of mine today, he told me that we are so close we should be able to smell it….no turning back now… he gave the rates and they are awesome…and there’s a surprise, a good one that tony didn’t even tell us…. this guy is 30 year banker, fully vested and all I can say is that the rates are better than we ever thought they would be…and don’t be the first mouse
Dreamsdocometrue: Recognizelife…a surprise on rate or another currency?
Recognizelife: All the rates are better
RVacomin: recoqnizelife….YOU are in charge of the button
Recognizelife: rvacomin: if only I were…we’d be rich by now…but I am positive it won’t be much longer….
Fancy01: Recognizelife you made my day
Recognizelife : fancy01: as it should be, I’m flying high myself because he actually showed me something that I had never seen before concerning this and it was solid; then he verified it with another friend of his from another bank and I almost past out
he told me to hold on and said “be quiet, while I verify this”…then he called his friend @ the other bank and he was transferred twice and the currency dept picked up and told him yes, that’s checks out in their system
Tuesday Night 1/19/2016 The Big Call – Recording Link and Replay #’s , 20 JAN
RECORDING LINK
Playback number: (605) 562-3198
access code 123456#
82 Minutes
The Big Call