Category: Dinar Daddy

Currency Wars

Tlar:   The plan all along said they were going to leave the 250, 500 and 1000 notes to circulate with the new smalls. These are crossover notes. …the CBI has determined strategically that they must first print and distribute the new uncounterfeitable notes (250-1000 while they still have no value. Its a very smart move. They must do this before they introduce the new smalls or at the very least these notes must be ready at the same time they introduce the smalls. If they brought out the smalls before they re-printed these notes, Iran would be counterfeiting the old 250, 500 and the 1000 notes before the week was up. So the CBI is re-printing these notes to make sure that doesn’t happen.

Strategically it is a smart move to get these notes printed and distributed before they drop three zeros otherwise the currency is still vulnerable. Once they drop three zeros the value of these notes will soar and…Iran would definitely switch to counterfeiting these notes because of value. Its a must do for the CBI. It goes along with the plan to delete three zeros and is absolutely a necessary evil first step.

What’s the hold up?

Adam Montana:   [Q.  Could the RV holdup be due to a soon-to-be "world financial reset"?]

A.  I don’t think so – any “GCR” that might happen will be completely independent of Iraq’s exchange rate.

Iraq unable to protect the oil pipeline to Turkey

Shafaq News / The Governor of Nineveh, Ethel al-Nujaifi revealed on Saturday , that Nineveh Operations Command can’t provide protection to repair the strategic oil pipeline to Turkey. “Nineveh Operations Command is “powerless” since more than forty days , it can’t provide protection to repair the strategic oil pipeline to Turkey , adding that the oil smugglers are still stealing Iraqi oil in the absence of security forces ,” Nujaifi told “Shafaq News “.

Nujaifi called Nineveh Operations Command to “mitigate the burden of the citizen within Mosul city and not to interfere in missions of the traffic police and the local police .”

He called on the leadership of operations to ” end the real terrorist outposts in areas known to them and to the local government ,” noting that ” these cells are in areas away from Mosul by about 50 to 100 km .”

According to informed sources , armed groups prevent maintenance teams from reforming the pipeline, which is the main pipeline of oil export in northern Iraq after being bombed 40 days ago, which threatens to extend the stop period to indeterminate period .

LINK

CBI Weekend Rate Announced

Currency Auctions
Announcement No. (2649)

The latest daily currency auction was held in the Central Bank of Iraq on the 12-Apr-2014 results were as follows:

DETAILS NOTES
Number of banks 13
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 151,965,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 151,965,000
Total offers for selling (US$) —–

Exchange rates   LINK

Seeking public approval

Millionday:   Prime Minister Nuri al-Maliki, said Friday that the change will end the quota system to complete what we started with, despite attempts by some to obstruct the process of state-building, and in the detection of possession of a list of projects that disrupted the “foreign agendas”, described it as comes to excite people on the government.

Maliki said in an official ceremony for the coalition of state law, which was held in the city sports in Basra and attended “Tomorrow’s Press,” “We want to change the ending of quotas to complete what we started with, despite attempts by some in the blocking state-building process,” noting that “the approaching election saga will be the Account those who sold and bought between Iraq and stop the prey. “

Note – the quota system is causing huge problems.

“The project disrupted the intent to provoke a political people on the government,” revealing his possession, “a list of projects which disrupted the intent and under the guidance of foreign agendas so as not to say that Iraq is built and progress.

” Maliki and take it to “the next stage will be to build one million housing units will be distributed free of charge to citizens.”

Note — he has announced that houses will be distributed free of charge.

He emphasized that “the next phase will be the focus towards the weak in rural areas for the reconstruction of their villages,” he said, adding that “the law provides all the infrastructure requirements, if validated what we talked about abusers.”

Prime Minister Nuri al-Maliki has arrived in the afternoon to Basra International Airport and flew to Basra International Hotel downtown to meet some of the local officials and a number of notables of the province.

So he is trying bribery to get a calm in the storm – amazing – to say the least.

No RV until after election

Poppy3:   No RV until after election per Dr. Selah – Reason: To increase the dinar at this time will interfer with the election. LOOK RICH FRIENDS THE INFLUENCE ON THE ELECTION IS EXACTLY WHY I SAID MALIKI WOULD PUSH TO GET IT DONE ASAP THIS MONTH SO HE CAN GAIN SOME FAVOR WITH THE PEOPLE AND GAIN HIM SOME SUPPORT. THEN I HAVE SAID SEVERAL TIMES FOR OVER A MONTH THAT THINGS CHANGED 180 DEGREE’S WHEN THE KURDS AND OTHER STOPPED PULLING FOR THE RV BECAUSE THEY WANT MALIKI OUT SO IT COMES DOWN TO WHO CAN MUNIPULATE THE SYSTEM AND IF MALIKI IS WANTING IT WE HAVE THE BEST ADVOCATE WE COULD HAVE AT THIS POINT RELAX EITHER WAY THE RV IS GETTING CLOSER DAILY AND THEY HAVE ANNOUNCED TO MANY TIME 2014 WILL BRING RICHES. THERE ARE MORE AND MORE OF OUR NEWS MEDIA EVEN TALKING DINAR NOW…

Things that make you go Hmmm…

Millionday:   All swift codes are established for international banking…it appears that western union is set up — the lower denoms and coins are distributed into the banks…they have passed many many foreign investment laws and they are in Washington about the economic policies having some very important meetings — hmmm — don’t hold your breath because it is unhealthy but oh boy cross everything!!

Iraq is getting ready to release the rate

Sager:   IMO I truly believe that no one has ever gone through this type of monetary reform. IMO I agree that the process cannot be viewed as a political tool, but the fact of the matter is that it is not.

It is we who imposed our thoughts, beliefs and concerns about the monetary process in relation to the political, but if one studies what is going on, it’s quite evident that the process is financially oriented.

The CBI, IMF, WB, BIS, WTO, UN and all the banks within Iraq are not political entities.

To me, it’s getting too clear that Iraq is getting ready to release the rate. I definitely hope to see the new rate prior to the elections, but I’m not worried one bit if it doesn’t show then because I truly believe we are at the end of the end. April, May, June… bring it.

While we wait to receive this amazing blessing, it would be wise to focus on preparing for our future. Which type of assets to we want? Which type of investments are out there?

How much risk are we willing to take? How do we protect our newfound wealth? Who do we want to give to? In what way do we want to make a difference in this world? How can we better ourselves?

This is our opportunity right now, because once this thing pops, a new paradigm will kick in and there’s going to be a huge adjustment to make in all aspects of the Self, especially mentally, emotionally, and spiritually.

A special thanks to NOVA for helping me become a better person, both directly and indirectly.

CFTC Commitments of Traders

Investing.com –

Investing.com – The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending April 8 on Friday.

Speculative positioning in the CME currency futures:

Long
Short

Net
Prior
Change
Gross
Change
Gross
Change

EUR
23.3k
33.2k
-9.9k
92.6k
-9.2k
69.3k
0.7k

GBP
46.5k
33.6k
12.9k
91.6k
15.7k
45.2k
2.8k

JPY
-87.5k
-88.6k
1.2k
13.3k
-8.8k
100.8k
-10.0k

CHF
11.3k
14.2k
-2.9k
19.3k
-5.5k
7.9k
-2.6k

CAD
-34.3k
-37.0k
2.7k
28.7k
1.2k
63.0k
-1.5k

AUD
3.3k
-4.9k
8.2k
37.6k
2.2k
34.3k
-6.0k

NZD
19.8k
18.5k
1.3k
26.5k
0.8k
6.8k
-0.5k

MXN
56.5k
21.8k
34.7k
70.4k
20.5k
13.9k
-14.2k

Investing.com
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com and download the new Investing.com Stocks & Forex App for Android!

Forex

Investing.com –

Investing.com – The euro held steady against the U.S. dollar in subdued trade on Friday, as the release of upbeat U.S. data boosted demand for the greenback, but sentiment on the single currency still remained supported.

EUR/USD hit 1.3863 during U.S. morning trade, the session low; the pair subsequently consolidated at 1.3881, easing 0.03%.

The pair was likely to find support 1.3810, the low of March 19 and resistance at 1.3933, the high of March 19.

In a preliminary report, the University of Michigan said its consumer sentiment index rose to 82.6 in April, from a reading of 80.0, compared to expectations for a rise to 81.0.

Separately, official data showed that U.S. producer price inflation rose 0.5% in March, exceeding expectations for a 0.1% gain, after a 0.1% fall the previous month.

Core producer price inflation, which excludes food, energy and trade, advanced 0.6% last month, compared to expectations for a 0.2% rise, after a 0.2% decline in February.

Meanwhile, the euro remained mildly supported after Greece made a successful return to the financial markets on Thursday, raising 3 billion in its first bond auction since 2010, when Athens sought its first bailout.

The euro was higher against the pound, with EUR/GBP adding 0.27% to 0.8297.

Investing.com
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com and download the new Investing.com Stocks & Forex App for Android!