http://dinaresgurus.blogspot.ca/
MONDAY, APRIL 4, 2016
SUNDAY, APRIL 3, 2016
WSOMN & TNT CHATS TIDBITS, 3 APRIL
WSOMN:
Sequoia: The button has already been pushed when the trust funds were released. This will roll out differently than we expected
We know now from various sources peeps have spendable funds. The fat lady is singing
We are to go soon. It’s rolling out in a way we didn’t expect
Herb: Seqouoia what is it we did not expect?
Sequoia: Herb, we were programmed to think a button would be pushed and poof. Not so.
Sequoia: There was a group that exchanged their IQD and VND last September for SKR’s. They are now being liquidated with actual $$ in accounts
****
TNT:
Robert001 : Dallred.. A question and an answer if you know it.. Why is it at night that you expect it??? And whose night,, ours or theirs. Why is night important????
Dallred123 : Robert001 so it will be ready in the morning I have always been told it will go at night here in the USA
Covenantbridge : Dallred, are your contacts Bank personnel or other type of govt people?
Dallred123 : Banking consultant in the software end
DINAR GURUS UPDATE, 3 APRIL
4-3-2016 Intel/Newshound Guru tman23 …PM Abadi authorized the Kurdish faction in the Iraqi parliament to send the list of their candidates for ministerial positions in the new cabinet… THIS MEANS THAT ERBIL AND BAGHDAD HAVE A POLITICAL AGREEMENT IN PLACE…ABADI DID NOT DARE PLAY CHICKEN ON THIS ONE WITH ERBIL…THE CLOCK IS TICKING AND ABADI IS ON THE HOT SEAT… VERY GOOD NEWS!
4-3-2016 Newshound Guru mike Article: “Electronic payment reduces the risk of hoarding money” I think this is a good idea, it would be a great idea if Iraq had the infrastructure to support an electronic payment system. Let’s face it, these guys don’t even have electricity 24 hours a day to facilitate these kinds of transactions, let alone the POS system to make it happen. I’m not saying it’s impossible to do this in the ME, Kuwait, Jordan and Isreal all have comprehensive POS systems in place and used regularly, it’s not that way in Iraq, at least not yet. In the end, I see the citizens going to the banks and withdrawing their salaries from the smart cards and converting it into cash and going about their business. I hope I’m wrong.
4-3-2016 Intel/Newshound Guru tman23 “…After the Iraqi PM Haider al-Abadi presented a list of 16 candidates for the upcoming technocrat cabinet, one of the Kurdish figures dropped out today. Nizar Muhammed Saleem Doski, from the Kurdistan Region, announced his withdrawal from the candidacy for the position of the Iraqi Oil Minister. He explained that with the lack of a political agreement between Erbil and Baghdad, he cannot take the position…” THE STONEWALLING BEGINS…AND QUESTION IF ABADI IS GOING TO BE ABLE TO IMPLEMENT HIS CABINET WITH IN THE 30 DAYS.
4-3-2016 Newshound Guru rcookie THE OIL ARREARS ARE IN THE 2016 BUDGET…AGAIN THATS WHAT MAKES THIS YEAR…AND THIS BUDGET COMPLETELY…COMPLETELY DIFFERENT THAN ANY OTHER…EVER…EVER...
4-3-2016 Intel Guru Delta Article quotes: “The Ministry of Finance that the deletion of zeros from the local currency will liberate the Iraqi economy from the constraints and enhance the value of Iraqi dinar in the International Monetary Fund.” “The International Monetary Fund expressed support for the Iraqi economy in the event of his a number of economic measures, including the privatization of banks and lifting the three zeroes from the currency and honoring debts.” I BROUGHT THIS ARTICLE FROM 2012, IT’S VERY CLEAR NOW THAT IN ORDER FOR IRAQ TO GET THE LOAN THEY HAVE TO IMPLEMENT WHAT THE IMF TOLD THEM TO DO, ALSO ONE OF THE REFORM IS THE CURRENCY. THE IMF SAID THAT THEY WILL GIVE IRAQ $15 B OVER THREE YEARS. THE FIRST $5B WILL BE BY JUNE, IN ORDER FOR IRAQ TO GET THE MONEY THEY HAVE TO ACT VERY FAST.
4-3-2016 Newshound Guru firefly [...what are they waiting on?] It will get done when maximum benefit is attained…and NOBODY knows what the exact date is…period.
DINAR IRAQ & DONG VIETNAM UPDATE, 3 APRIL
As a general rule, a country with a lower inflation rate will experience an appreciation in the value of its currency as its purchasing power increases relative to other currencies.
Foreign exchange rates, interest rates and inflation are all highly correlated. By determining the interest rates, central banks exert influence over both inflation and exchange rates, and changing interest rates impact inflation and currency values. Higher interest rates offer lenders a higher return relative to other countries, thus attracting more foreign capital causing the exchange rate to rise.
A country’s current account reflects the balance of trade between the country and its trading partners, reflecting all payments between countries for goods, services, interest and dividends. A deficit in the current account shows a country is spending more on foreign trade than it is earning, and that it is potentially borrowing capital from foreign sources to make up the deficit. A country that struggles to attract enough capital inflows to finance a current account deficit will see a depreciation in its currency.
Governments will typically engage in large-scale deficit financing to pay for public sector projects and governmental funding. while such activity stimulates the domestic economy, nations with large public deficits and debts are less attractive to foreign investors. A large public debt encourages inflation and if markets fear that a government may default on its debts, investors will sell their bonds, both of which will cause a fall in value of the exchange rate.
Terms of trade is a ratio comparing export prices to import prices, and is related to current accounts and the balance of payments. If the price of a country’s exports rises by a greater rate than that of its imports, its terms of trade have favourably improved. This results in rising revenues from exports, which provides increased demand for the country’s currency and subsequently an increase in the currency’s value.
Foreign investors, unsurprisingly, seek out stable countries with strong economic performance and political stability in which to invest their capital. A country with such positive attributes will draw investment funds away from other countries perceived to have more political and economic risk. Increase in foreign capital, in turn, leads to an appreciation in the value of its domestic currency. Political turmoil, on the other hand, can cause a loss of confidence in a currency and a movement of capital to the currencies of more stable countries.
SATURDAY, APRIL 2, 2016
GARY LARRABEE UPDATE:HSBC Foreign Currency Account and Multi Currency Account, 3 APRIL
Wealth Management
Foreign Currency Account and Multi Currency Account
Dear Sir/Madam,
I am the the trustee, of several different Trusts set up for humanitarian purposes through out the
planet and we will be funding in the 12 figure USD amounts spread throughout all nations. I am
established in two Major US Banks and desire to have Foreign Currency Accounts and Multi Currency
Accounts with HSBC, in New Zealand and Australia. I desire to work with wealth managers of HSBC and
expect to be opening accounts in the next 30 days. The Trust will be buying several properties and
establishing businesses in New Zealand, Austrailia and other world nations.
I expect to come to your country and meet with you in person when I open these accounts.
I will be looking forward to meeting with you,
Gary Larrabee
gary.larrabee2@gmail.com
509-315-8454
217 W Spokane Falls Blvd #1905
Spokane, Wa. 99201
Foreign Currency Account and Multi Currency Account
Citigold International: Foreign Currency Account and Multi Currency Account
http://www.citibank.com/ipb/europe/manage/multicurrency.htm
HSBC: Banking and investing in multiple currencies
http://www.expat.hsbc.com/1/2/hsbc-expat/why-hsbc-expat/eligibility
Branches in Austrailia and New Zealand with Multi Currency Account available
Contact Retail Banking and Wealth Management
We welcome feedback and suggestions on any aspect of banking with HSBC. Please complete our short form
to provide feedback.
contact us •Call us
Premier customers call us 24/7 on 0800 02 80 88 (within New Zealand) or +64 9 368 8557 from overseas
(international toll charges apply)
All other customers call us 24/7 on 0800 80 23 80 or +64 9 918 8350 from overseas (international toll
charges apply)
•E-mail us at premier@hsbc.co.nz
•Request a call back. Complete our short form and we will get back to you within two business days
•Visit us : GF, HSBC House, One Queen Street, Auckland 1010
•Mail us at: PO BOX 5947, Wellesley Street, Auckland, 1141, New Zealand
BBIL: Belize Bank International
https://www.belizebankinternational.com/services/individual/
Multi-currency accounts are not subject to currency controls. Clients can access funds either via wire
transfer, banker’s draft or card products. Accounts are available to both personal and corporate
clients in US Dollars, Canadian Dollars, Pounds and Euros.
With just a minimum required deposit of 4,000 in the respective currency to open your account today.
How a Multi-Currency Bank Account Can Help You Diversify Out of the Dollar?
http://www.qwealthreport.com/how-a-multi-currency-bank-account-can-help-you-diversify-out-of-the-dollar/
Union Bank; Foreign Currency Demand Accounts
4851 Lakemont Blvd SE, Ste A1, Bellevue, WA
425 519-6338
Services Branch Hours
ATM
ATM With Envelope Free Deposit
Extended Hours
Foreign Currency Exchange
Night Drop
Safe Deposit
Talking ATM
Walk-up ATM
M-Th Fri
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