Category: Gid Associates

Tlar & Friends Q & A With Comments

Schiz:  Hey Mike, I fear we still have a bit of a wait once even PM is voted in. That isn’t a complete goi, the new PM then has 30 days to seat all the people in the positions. Something M didn’t do for the whole 4 years he was in…and what we were waiting for.

(we seem to be forgetting all the other positions that need to be seated too to complete a government) we gotta give ourselves a reality check, if thats what turki is waiting for they got a lot of work to do yet. lots of positions to fill!

If turki is waiting for a fully seated goi we may still have  a few months wait in this yet, If he just wants to see the new PM (which we all hope) this should be over quicker than that.
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Schiz Continues:  I’m kinda hoping the budget and all those laws that need passing have been done and just await a vote in parliament, or maybe get activated at the same time cbi does the change.

In my head I still see months and months of waiting for us yet, but I hope all we need to see is a new Prime Minister!

My rational mind says were prob waiting till Jan one now or the start of the next quarter, I hope i’m wrong, i’m soo ready for this *** to end NOW!

Woodlips:  Appears there is no stability yet.  http://www.cjad.com/WorldCP/Article.aspx?id=429831

XXXX:  Did anyone say there was?  And it’s the “security” part of “stability and security” you’re looking for. By “stability,” Turki was referencing the government

Rockstar,  They would have to be in a big hurry, and get the government formed right away, but it’s not impossible. I may have a bit of a disagreement with Schiz about how long that takes.

If you get the right guy, and he already has his ministers selected, that part can go really fast. Maliki just took so long, and never went through with it, because he was trying to play dictator.

United for Reform has had months to negotiate the new cabinet, and I would think they already have a pretty good idea of who goes where.

Schiz:  Rev, Iraq has never been stable, not since the dawn of it’s existence lol, the facts are it will never be stable, not with so many opposing religions who have killed each other off for hundreds of years.

Iraq has never been stable and it certainly wasnt even when it was worth over 3 bucks, I think they were at war with Iran then.

I think we get confused, stability to the cbi is political stability. He wants people in those security positions, wehich in itself will help stability and security on the ground.

Iraq was a mess in 2010 but you know, experts say that was the most stable iraq had been for like 50yrs or summin LOL!

Yeah i’m hoping this too but i’m just stretching out a reasonable timeline so i aint too miffed off with the wait for it all lol

I remember Allawi saying he could seat the government in days, here’s hoping whoever the next pm is (mahdi :P ) will be able to too

XXXX:   Yeah, “security” and “stability” are certainly relative terms

Jtdinar:                Schiz, I don’t think we are waiting for a full GOI. Who the *** knows what Turki meant when he said “stability” of course that means something different to the Iraqis than it does to us. So who knows. I honestly don’t think they can push this out until next year. We shall see……Tlar way say you????

Tlar:   If I remember correctly, the word he used was “settled” not stability or security when he said, “i would do it now if the government (I think he meant issue) was settled.”  Can someone go back and check?

Look, things are going very well at present.  The PM position is a tricky one to resolve.  Nobody envisioned that the SOL leadership would still be backing M by this point.  tlar

Woodlips:  Iraqi lawmakers elect new president as attacks kill dozens, Islamic extremists blow up mosque        http://www.cjad.com/WorldCP/Article.aspx?id=429831

Mike:  Great article, woodlips. For me, this is just more pressure on Maliki, and more importantly, the folks who are trying to get rid of him. While the Shia politicians fool around, ISIL is working overtime to destroy every mosque and shrine that have meaning to the Shia’s.

Sistani and Iran are only going to ratchet up the pressure for Maliki to step down. It’s pretty clear the military has lost the ability to control the country, this will continue until a unified Iraq is created.

Fredl:  Tlar, I thought the SOL backing Maliki was really a non factor with the Coalition having the majority.

Woodlips:   Excuse me. But there have been many who invisioned that the SOL leadership would still be backing M by this point.

Tlar:  Everybody has tried to get him to quit yet he hangs on.  He just tried to get the courts to declare the SOL as the largest block.  It is not.  The NA is the largest block because technically they are all one block. 

There are blocks in the SOL threatening their leadership if they pursue this line of action by pulling out of the SOL and re-aligning themselves with the coalition. 

The SOL will loose in the next couple of days.  It is a party in flames with many members that have grown tired of this game.  These are the only true patriots in their party.

Also they are still meeting.  The news coverage makes it sound like they have adjourned because that’s the way Jubouri wants it.  You can forget the August 5th date. 

That also is there as a backstop date and and as soon as this issue is resolved, they will call for the nominee and vote.   This should be over before August 5th.

The SOL better come around or there will be re-alignments in the NA and the SOL will no longer have a voice if they continue to hold their ground on a M nomination.

 M’s plan to use the courts backfired on him.  He had intended to go to the court in secret to get a ruling to to force his nomination.  It was his last straw.  Give this a few days.  More info will slip out.

 This is another tricky nomination but it will come out right.  The SOL IMO will emerge as a weak party by the time this is over.  Don’t ask me how I know but you will be very happy with the rate. 

I am pretty sure I now know the rate.  It is even a little higher than I thought but I am not going to ****.  Hang in and quit knit picking the small stuff.  We need a budget and a PM and an RV, period.

 All three are within site and are being done while we watch.  The plan is to expeditiously do them – and they are.  Tlar

Brule:   Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation

 Central Bank Governor Abdul-Basit Turki 02/05/2014 12:04  Tomorrow’s Press / BAGHDAD:

The governor of the central bank and agency Abdel Basset Turki, said Friday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for “tomorrow Press “,”

The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country. “

and added that “the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market from manipulation of traders in it. “

said Turki that “talk is not only about the lifting of the zeroes where to change currency will rearrange government records completely change the accounts that deal with public spending,” denying “the issuance of any decision New from the central bank regarding the deletion of zeros from the currency. “

referred to as the central bank denied the earlier direct the project restructuring of the Iraqi currency next year and delete the zeros of the three of them, because this time is appropriate, indicating that the applied project is in coordination with the Iraqi government and its institutions relevant.

Tlar:     Let me try to clarify what I am saying.  Jubouri just read the rules and determined the largest block is the NA of which everybody in the NA is a part of.  The total block consists of 178 MP’s. 

The SOL has 95 of those MP’s the coalition has 83.  But the blocks that are not SHIA, the Sunni’s the Kurds and the Turkmen have the balance of the MP’s out of 326 or they control 148 MP’S combined.

  So the NA (Shia) is determined to be the largest block and it is the NA who has the right to nominate a PM, not just the SOL.  To pull this off the coalition Shia’s must either get defectors from the SOL to align with them or they must get the SOL itself to nominate specific acceptable candidates such as Chalabi or Maudi. 

To control the most votes they must get about 10 MP’s away from the SOL to join with them which would give them 93 MP’S to the SOL’s 85. 

That would be enough to allow the coalition to make the nomination either by open vote or by secret ballot.  The coalition can do neither at present because they would lose and the SOL would nominate Maliki. 

The other way and the way they have attempted to do since the end of the elections is to convince the SOL that if they want to remain relevant, they should run Chalabi or Maudi or both as the nominees acceptable to the Sunnis,K Kurds and Turkemen and the Shia coalition. 

That way the NA would present a unified nominee/nominees that everyone could vote yes to.  A real election.  The SOL has stone walled as we know. 

They have waffled but they always come back to Maliki is our guy.  This late in the game I believe the coalition strategy has now changed and they will take advantage of the cracks in the SOL and get a re-alignment of MP’s to control this. 

I believe the decision was made today to quit trying to convince the SOL leadership of anything and to just pick them apart asking defectors to join the coalition ranks to build a majority in the NA.

 That is the hold up.  It will work but it will take a few days to maybe a week to be sure that they have the votes.

 They have let the SOL know of this plan by earlier threatening to do this in an attempt to get them to come around, and that is why Maliki went to the judges to get a court order that the SOL was the largest block.  It was his attempt to thwart this move. 

We will just have to be patient but I believe there is enough dissention in the SOL that it won’t take long.  tlar

Mally:   What do you guys make of this line.  Isnt there some more laws or at least a law that will have to address this.  I forget what the law is called sometimes referenced on dinar sites but basically it would make sure you would owe the usd equivalent for what your debt is now.

Im not doing a good job explaining this but say you owe 10K usd on a house to a bank but the loan says 10 million dinars.  How would the law allow you to still only owe 10k usd equivalent in dinars post rv?

“the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market from manipulation of traders in it. “

Mally:     law of indebtedness?  Is there such a thing?

Tlar:  Mally, You are speaking of the a part of law of indebtedness.

Tlar:  “The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country. ” Brule rules, Brule rules,  Brule rules.

HandOverFist:    So are we thinking, per the above article, that they will “raise the zeros” in Iraq only…..and not on the currency we hold?

HandOverFist:  Brule, I just get very nervous when Tlar says north of $3.50 and you post an article that says “raise the zeros”. $3.50, or anything over a dollar, seems like too much if they don’t drop the zeros. I just don’t think they would let us have that much, neither our government or theirs.

Tlar:  HOF, raise the zeroes means removing the zeroes. All that means is the zeroes will be gone.

  I have come to realize that it does not necessarily tell us the rate.  I was the biggest proponent of it meaning 86 cents for years if you remember. 

I was looking at it as a be all statement describing taking the three zeroes off of  the exchange rate of.00086 which would become .86.  But it only means the three zeroes will be gone from the exchange rate.  The new exchange rate will no longer have three leading zeroes.

 At a dollar the three zeroes are gone just as they are at any number greater than a dollar.  So deleting the zeroes does not describe nor give us really a clue as to what the rate is or if it is over a dollar.  I was wrong.

 I am now pretty sure I know the rate.  I could still be wrong but I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50.  

Remember I told you about the bank deal and how many friends I have that have deposited their dinars in this deal.  The bank promised between 3 and 4 dollars or they would simply give the dinars back. 

I have as of yesterday received some more information further refining the rate but can’t yet say what it is or disclose the rate  without getting certain people in trouble. 

I did confirm this information with another source and the numbers were the same.

 I will disclose more tomorrow at about 4 o’clock if certain things come to pass.  If they don’t I will still report tomorrow either way but will still have to remain guarded in what I say until this is all but over.

 I know I will be very happy if the rate is what I have found out.  I hope you will agree. 

We are so very close.  IMO it would take some extraordinary unforeseen event to stop this at this point.  This has been well planned out.  We are seeing the finish of this investment everyday now.  tlar

Frank:    tlar -  Regarding the process removal of zeroes – This, IMO is the most significant question facing this investment.  I have read one article posted by Kaperoni indicating that the leading zeros will be deleted from the exchange rate.

 I have read other articles stating that the zeros will be deleted from the right side of the categories of the current currency as well as references to the deleting of zeros and currency exchange that have been applied in 53 countries, including Turkey, which had six zeros deleted. 

These articles are available for anyone to read.  I, like everyone else is  hoping for the best but have to admit that until this deal goes down; the deletion of zeros process will remain a huge question. 
just a guy:   Still remember guys, you cannot take away zeros from all the denominations,..(ie,.50′s, 250′s 500′s and so on) So in saying that it will deleat anything other than the “leeding zeros” from the rate, is a mute idea.

XXXX:   deleting zeros wouldn’t remove zeros from the actually currency itself.  It would be from the nominal rate.

Just a Guy: Thats,…”what I just said”

www.currencychatter.com 

Kurdish channel: province completed design of its new currency

Baghdad / Baghdad News completed the Kurdistan Regional Government has designed a new currency are not subject to the Central Bank Aaraca. said site Rudaw Kurdish channel quoted officials as a response on Saturday that “the Kurdish government has completed the design of currency New is subject to the Central Bank of Iraq and that this currency lacks any symbol of Iraq. “

and added that “the new currency will carry the image of the leader of the Kurdish late Mahmoud grandson Zadeh Alborznge and Bkhalafha bearing the image of Mustafa Barzani, father of Massoud Barzani,” indicating that “the provincial government is seeking to be printed soon and put forward as an alternative to the Iraqi currency. ”

She said “the region began studying the project since 2011 and will move steadily to implement it and put the currency in banks in Arbil, Sulaymaniyah and Dohuk.” The leader of the Kurdistan region, Massoud Barzani asked the Kurdish parliament at the beginning of this month to set a date for a referendum determines the fate of the Kurdistan region.

LINK

BondLady Chat & Discussion On Law No.12 Part 1

[tlm724] it was brought to my attention that the dinar community is excited because this law :” Law No. (12) of the 2014 accession of the Republic of Iraq to the agreement establishing the International Islamic Trade Finance ” was posted at the Iraqi Law Library.
This is NOT a new law. This law was passed on 12/24/2012. Here is the link to the law : LINK

[tlm724] BLC did a chat on this law and it’s importance on 12/3/2012 here is the link to that chat :  BondLady and Administrators Chat 12/03/2012 http://www.bondladyscorner.com/t58851-bondlady-and-administrators-chat-12-03-2012

RECAPS NOTE: Full Chat Posted Below for Your Convenience

[tlm724] I have said this more then once but it bears repeating. I emailed the Law Library years ago and asked about the posting’s there. I was told when you see a law and it says “Original Document” under the Law Type this means someone is researching the law.
~~~

  The best place to find Iraqi Laws that have been passed or read is Parliaments website which lists all the laws passed and the readings of the laws. Here is the link : LINK

  Just click on the Laws tab and you can see all that you need to.

[tlm724] BondLady and her staff will always give you the truth to the best of our ability. Thank you !

BondLady & Administrator Shredd Chat    (sent in by KW)     12/03/2012     LINK

[BondLady] good morning all  1st we will start with some law info found by timmy and her and shredd will begin there chat per those  — ty both

[tlm724] ty BondLady ty

[BondLady] yqw

  [tlm724] there has been several arts recently telling us what parl has been working on  and there was a bill being read that caught my attention

[tlm724] “We will also see the session the second reading of a bill accession of the Republic of Iraq to the establishment of the International Islamic Trade Finance”

[tlm724] http://alrayy.com/67832.htm

   [tlm724] here is a link to the ITFC http://www.itfc-idb.org/

[tlm724] that of course made me look into this  we would like to share some of the information that was discovered about this organization  — shredd will give you indepth opinion but i will start by saying

 [tlm724] there 56 countries in the organization on several continents and Iraq is already listed as a member – now as mentioned in the above article  they state “accession” into the Trade Finance Org.

[tlm724] imo Iraq is now prepared to implement and take full advantage of the funds and many advantages of this Org.

  [Shredd] yes well, let me set the stage a bit for you all  as you know we at BLC focus on the entire picture, not just the dinar but politics economics

[Shredd] the whole picture, right ? so, just like our chat of the banking and investment laws

[Shredd] this accession is huge and I aim to explain this so you walk away knowing some major steps continue to take place

[Shredd] behind the scenes if you will  that bring Iraq to a place where they are ready to have a strong dinar in front of them

[Shredd] Ok, this accession of Iraq to the establishment of the International Islamic Trade Finance deserves a bit of explanation for you all.

[Shredd] Trade Finance is the structure behind international trading, so the banks behind the buyer and the seller, obviously the money held and protected by those banks.

[Shredd] the seller, obviously the money held and protected by those banks. International trading refers to obviously importers and exporters but it also includes institutional entities like finance corps and insurance companies……all big dogs in the world of trading folks!

[Shredd] Now, let me explain this entity….

[Shredd] This says the ITFC was formed to consolidate the trade finance business, to increase service delivery efficiency and to enable rapid response to customer needs in a market-driven business environment.

[Shredd] It’s also responsible for providing shariah-compliant trade financing for OIC (Organisation of Islamic Cooperation) member countries, with a particular focus on financing intra-trade between member countries. Iraq has been a member since 1975.

[Shredd] Lastly, they strengthen corresponding banking networks among member countries.

[Shredd] So what the heck does that mean? Well, this is an attractive necessity for investors, underwriters and financial institutions.

[Shredd] This tells them that once investments are established, the trading within them will take place safely, timely, efficiently and correctly due to the oversight of the ITFC.

[Shredd] My bank (a massive, global bank) has gained and lost clients/appointments due to the perception of our ability to do this for them and their investment vehicles, so this is deal-making or breaking stuff.

[Shredd] Trading is the life blood of any investment….moreover, timely, efficient and accurate trading. Portfolio managers need to know they can move underlying components of a portfolio at any given moment, largely due to market conditions.

[Shredd] If that can’t happen, the investments will die the moment the market fluctuates which I’m sure you know happens all the time!

[Shredd] If a trade cannot take place strictly as directed, the show is over. Some trades we strike with traders have to be executed to the minute based on rapid market fluctuations.

[Shredd] So, to see this bill being voted on is awesome to see.

[Shredd] This is yet another “behind the scenes” necessity for Iraq to ascend to a place where investment and banking has a safe place to be….just like the banking and investment laws we talked about last week.

[Shredd] Let me tell you this, I have full access to daily global accounts, massive investment vehicles and products and services that cover every single sector.

[Shredd] You may have heard the credentials from other site leaders, commentators and gurus…..I’m not a currency or day trader or a commentator, I’m a VP in a top 3 international bank and have been with them for ten years.

[Shredd] The entire time I’ve been there, Iraq has been non-existent due to what we all know has been taking place there…..and they still are today.

[Shredd] These banking and investment laws, this assention to the ITFC is absolutely necessary for Iraq to emerge among their peers to welcome global investment and to ensure safe banking and trading is in place.

[Shredd] My hope is that when you gain an appreciation of what is all being accomplished, you will see vital progress, not frustrating stagnation.

[Shredd] A big thank you for Miss T finding this and showing you all so much is and has been moving forward.

[Shredd] Don’t be like the rest of the sites and solely focus on the dinar but see what a wonderful “house” being built for the new, stronger dinar, without the three zeros and with a stronger and growing rate!

[Shredd] will this directly bring us an RV tomorrow?

[Shredd] you all aren’t that absent to think as such im sure

[Shredd] but, these all have to have been done to bring Iraq to the place they need to be [Shredd] you all aren’t that absent to think as such im sure

[Shredd] but, these all have to have been done to bring Iraq to the place they need to be

[Shredd] some say the dinar was supposed to have moved by now as far as the monetary policy and the rate

[Shredd] whether it be via a float, or a continued managed float

[Shredd] but it didn’t did it?

[Shredd] why? well, in part, these things had to be in place first…….

[Shredd] so, be excited we find this being done……great, great progress y’all

[Shredd] that’s it for my initial comments Miss T

[tlm724] ty shredd

[BondLady] ty shredd [Shredd] yw, it’s my pleasure and honor

[Shredd] to be a part of this team

[tlm724] BondLady thank you for this oppotunity to present this

[BondLady] ty ms timmy and shredd

  [BondLady] great text of good things coming  now this brings us to my part of the chat

[BondLady] which took many efforts to bring it about and id like to thank all involved, one i can’t thank right now but the rest all go to my team of awesome researchers  ty all

[BondLady] 1st

[BondLady] i’m going to do something i never do…repeat a rumor that was told to me …so take it as a rumor please…don’t need to bash, i’ve stated it will be a rumor, but because of things my team and i’ve discovered, there could be some truth to things, and then again there might not be…so again…take it as a rumor… 

[BondLady] someone told me the currency was printed in the 1st part of november 2012, and was shipped at the end of nov. 2012…. that being said….then we did some dela rue studies…..,

[BondLady] thanks to our timmy for finding these…this was a stockholders meeting from del a rue….

  [BondLady] De La Rue issues profit warning after contract delays By Simon NiasWednesday, 14 November 2012 De La Rue’s share price fell more than 5% on Tuesday after it was forced to cut its full-year earnings guidance in its six-month trading update

[BondLady] The world’s largest banknote printer blamed the profit warning on delays to “a number of significant orders which had been expected and planned for production in the second half of the current financial year”.

[BondLady] De La Rue said that it’s financial results for the current year, which were expected to include earnings before interest, tax and amortisation of £82m would now be “similar to those for 2011/12″ when earnings came in at £63m. Chief executive Tim Cobbold told the Financial Times that “the timing of particular orders is sometimes difficult to predict”

.

[BondLady] Shareholders were quick to react to the 23% cut in the firm’s guidance, with 10% initially wiped off De La Rue’s shares before they recovered to close 5.5% down. At the time of writing, De La Rue’s share price was £10.08, down 5.3% on Monday. De La Rue said it was confident the delayed contracts would be received for shipment in 2013/14 and would therefore not adversely impact its plan to achieve an operating profit in excess of £100m in 2013/14.

[BondLady] Meanwhile, the company’s first half sales and operating profit were up, rising 3% to £245m and 5% to £33m respectively. Banknote print volumes were also up 4% at 2.9bn notes, although banknote paper volumes declined 15% to 4,500 tonnes. http://www.printweek.com/news/1159826/

 

[BondLady] now……we know whos the master of procrastination right? and to see this in print that de la rue lost basically all its 1st half of profits due to…******

The world’s largest banknote printer blamed the profit warning on delays to “a number of significant orders which had been expected and planned for production in the second half of the current financial year”.********

[BondLady] if this isn’t mainly talking about iraq

[BondLady] i dont know what other country de la rue was doing a major contract for…that they weren’t already to go with per the articles i’ve read vietnam, zamboli etc

[BondLady] they were all ready to go

[BondLady] who delayed there time and again after awarding the contract to de la rue?..iraq

[BondLady] cant blame them for being upset…the timing of orders are difficult to predict…..but they must receive word to print stuff, and when they do they expect to get paid on time and to do the contracts in a timely matter , just like anyone would….now imo and thru the articles also…iraq was about to do something with its currency…what we don’t know yet…as they thrive on not only confusing each other but us as well.

[BondLady] but iraq was set to do something early in the year 2012, some thing happened to delay it, iraq happened…doing its usual freak out to anything new or change….this delayed it to the 2nd part of the year….where i had strong feelings MYSELF ..gut feelings…iraq might try to recreate history again, october 15th 2003 when they released the notes we have now and did it from oct 15th, 2003 thru jan 15th 2004….

[BondLady] so i felt if we had a shot to see what cards they were holding would be around the oct 15th 2012 date…then what happened? arrest warrents for shabibi and many of the employees of the cbi…happened… more delays? maybe…sure seemed like it to me….

[BondLady] then…all of a sudden….laws were passed with the new proxy cbi govenor, which the goi/parl didn’t seem to want to pass for shabibi…why was that? bad blood between the gov an cbi over fed lawsuits filed challenging the independancy of the cbi…

[BondLady] gov wanting funding from the cbi on projects like the port of fao… other

things…wanting the cbi to make up the past budgets deficit’s….things that shabibi had told them from the past…if they wanted to do these things then they needed to build up the economy…thru agriculture, investments, private sector things, tarriffs etc all these things would give the state more funding to function on, and also give them more funding outside of ….just oil…. the goverment is so slow to do anything, it screws up so much progress…and the inner fighting that goes on constantly…its their culture to fight to settle things, and its become a way of life to them to let greed and power drive them….

[BondLady] ….its like if you don’t give me what i want, i won’t give you what you want, even if its at the cost of the people who need the laws passed that would give them a better life…example…

the infrastructure law…giving much needed hospitals an schools and over 1 millon jobs to the people who desperatley need to work and earn livings, and the facilities like hospitals and clinics which they need not only for the sick and people harmed by terrorist attacks on the innocent,

but also the clinics for the mental parts of what happens to the minds of people who are living thru war times, they need help to mentally deal with all they have lost and seen, the children need schools to learn to be self sufficient or terrorist can use there ignorance of not being able to read and write things that could keep them from joining gangs, and terrorist groups..giving them hope for a future, when indeed they have very little now….

[BondLady] and these are just a few examples, theres much more to this…but…to pass this law…one group says we won’t do it unless you pass the amnesty law, which to do that frees a scorge of terrorists and criminals right back out on to the iraqi streets, and brings on more crime…but in the same context…it would also free up people who are innocent and being held on suspitions more than proof..

.the amnesty law does need to be passed for these poor souls, but with amendments so the true criminals find justice for there deeds, not rewarded and released, just to give the people a better life, doom them to a bad one too as more terrorisum attacks and crimes would again run all over them from the same people locked up for them…. 

[BondLady] ok let me back away from this stuff and get back to what i was talking about …the rumor i shared and then the de la rue stockholders article…..

[BondLady] so then, we see so many articles coming out saying stuff like the budget will be free of 0′s in 2013 etc, many many last week and today all pretty much saying same thing, which kinda aligns with the rumor of the notes being printed and shipped…..

  [BondLady] Economic parliamentary: the new year will witness the birth of the new Iraqi currency SUNDAY, 02 JANUARY 1 / DECEMBER 2012 09:45 Twilight News / excluded for economic and investment commission parliamentary, Sunday, that the new year would witness the birth of the new Iraqi currency deleted three zeros,

 noting that the Central Bank of Iraq was aspires to equal the value of one dinar per dollar.He said the Commission’s decision Mahma Khalil in an interview with “Twilight News” that “the new year will witness the restructuring Iraqi currency deleting three zeros,

 and therefore would not be witnessing the birth of new Iraqi currency because of the government’s refusal to this project,” noting that “the government believes that this work is not of its priorities. “

Khalil added that “the economic and investment commission strongly supported this project with the Governor of the Central Bank because the purpose of it purely economic and is to maintain the Iraqi currency from counterfeiting, damage and fraud.” Khalil pointed out that “there was countries with successful experiences in this area and the re-structure of its currency and deleted some zeros, and we seek to follow suit.”

[BondLady] Khalil said he was “under Article 46 of the Law on the Central Bank of his powers to issue new currency or new categories and maintain the value of the Iraqi dinar against other currencies.” Khalil continued that “the very bank of the move is that the par value of the Iraqi dinar per one U.S. dollar after the deletion of zeros and are blocking the way of fake currency dealers, as well as the new currency was non-perishable easily.”

Referred to the Central Bank of Iraq began Consideration of an amendment dinar categories last year, and is still a big part of the payments being in cash due to the evolution of the banking system.

The Cabinet had decided, in mid-April last year, wait in the application of the deletion of zeros from the national currency. And revealed the Finance Committee in the House of Representatives, last July, the postponement of the deletion of zeros from the Iraqi currency, which the central bank intends to initiate them into the year 2014.

http://www.burathanews.com/news_article_177135.html     ************

that article was found by my admin player, [BondLady] then my admin shredd whos also a investment banker…his comments per this article,…. It’s been so easy I think for us to become desensitized to all of the confusion, frustration and misinformation……….but when you continue to see articles like this, it should be very exciting.

If I can quote Bondlady correctly, she has said something like: treat one article as rumor, two articles (saying the same thing) as a possibility, and three or more articles (again, saying the same thing) as probable truth. Remember when we first heard news of Shabibi getting replaced?

We treated that process the same, but after seeing the same news from multiple sources, we knew it to be true.

That all said, guys…..if we can trust what this article is saying, we should be jumping for joy! The new budget, the new year will not have the zeros. What does that mean? The new currency being released…..which by itself would be a very costly activity for absolutely no purpose, unless……unless…..there is a new rate.

Now, in my very humble opinion, if we see the new currency released into circulation as being the first action, we would have to see what this article is saying for a rate….equal one dinar to the dollar. Again, if it would free float and slowly crawl, the new dinar in circulation would not be useful because an iraqi would need three times as much in quantity of dinar to complete any transaction.
A part of me has always held onto a revalue compared to the free float idea and I believe Maliki is pushing forward for this…..

to remove his country from needing the dollar, to stand independent and sovereign with their pride in a new currency. Hold on baby, we’re comin’ home ******

Comments mayb e made at the end of Part 2   Thank You

Commentary On Maliki Past & Present

Post From Currency Chatter  – Commentary By RandyToo

JTDinar:  Maliki is NOT the obstruction for monetary reform. In fact, as I’m sure you are aware but perhaps not many others, he is pro RV. All the talk of Maliki not being in favor of Monetary Reform is garbage. As you say, it will take place regardless of whether he is IN or OUT. In addition your points are well taken as to WHY he is still here. It is all part of the plan. When and if he is chosen for a 3rd term it may very well cause disruption but not at the cost of the rate change. The fatalistic view of our RV that Tlar puts forward if Maliki remains is unjustified and incorrect in my opinion. Respectfully of course.

RandyToo:  jtdinar, I disagree with you. I believe Maliki is the problem. I think he has his own agenda, which In My Opinion is tied to Iran and Syria, but don’t quote me on that one.

Do you remember what happened to DR. Sinan Shabibi? In 2010 Maliki put his friend and chief thief Hussan al-Shahristani as Minister of Energy.
~~~

  He gave him a budget of over almost 8 billion dollars to build electrical plants of which over 5 billion are now unaccounted for, His solution: Buy electricy from Iran instead of putting the money into electrical plants. It’s easy to embezzle that way.

The corruption throughout Maliki’s administration was so bad most the projects and services just were not getting done. Well this created a problem for Maliki.

The people were up in arms because it was not only electricity that was availble an hour or two a day, but sewage was running in the streets. Their ration cards was spotty at best. Food that was being imported was spoiled or rancid. Unemployment was rampant as jobs were going unfilled.

Faced with increasingly deadly anti-government protests (just after the protests that toppled the governments in Tunisia and Egypt), at the end of February, 2011 Maliki gave an ultimatum to the officials of Iraq to improve public services within 100 days or “Heads Would Roll”.

Of course 100 days expired and nothing happened except that it did stop the protests. So Maliki extended the ultimatum for another 100 days. The problem was all the money for the public projects had been embezzled by his cronies in the SOL and they were not about to return it.

So Maliki cast his eye on the reserves that Shabibi was diligently building for the RV and he wanted Shabibi to make him a loan to cover these public projects. Shabibi said NO because it is illegal to use the CBI reserves as part of the government budget.

Since Maliki was in the process of taking over all the independent agencies in Iraq, his next move was to try to put the CBI under the umbrella of the Executive branch instead of the Parliament.

After getting a positive ruling from his friend Medhat al-Mahmoud (the chief justice of the Supreme court) Shabibi appealed.

With the help of the UN making to make it clear to Mahmoud that if the Central Bank was not independent of the government then all the protections the reserves had from being under Chapter 7 would vanish.

 International suits that were frozen could now proceed and there was nothing Iraq could do stop them. Medhat al-Mahmoud reconsidered his decision and the CBI is the only institution in Iraq that remains independent.

Shabibi continued with his plans to RV the currency. There is an 9 minute interview that you can view on YouTube of Shabibi before the Chamber of Commerce on April 19, 2011 where he answered question about the RV that is very interesting.

Things were progressing but there were several banking and other laws (the economic reform package) that was needed but was being in blocked by the SOL in Parliament. 

Shabibi publicly gave Maliki a deadline of July, 2011 to get this package passed and call for the RV. Otherwise Shabibi said that he was going to go ahead and pull the trigger himself regardless since he had the authority to do so.

There are two comments that Shabibi has made that people have latched onto.

One – that the Iraqi currency would be the strongest in the region. He made that statement in a speech to the Iraqi people on Sept 16, 2011.

Shabibi has often talked about the timing of the RV and said that fiscally it needs to happen at the beginning of a quarter and ideally at the beginning of a fiscal year. Think about it for a moment.

 For accounting and bookkeeping reasons alone this makes perfect sense. Thus, everybody expected it at the beginning of 2012. when it did not happen it was a huge letdown.

In fact, Shabibi recently published an explination of what happened when he left and he said it was supposed to have happen then, but Maliki interfered and war in Syria got in the way.

Unfortunately in the beginning of 2012 on the Iraqi economy that Shabibi could not control.

Besides the EU crashing and burning (remember Greece and then Spain almost going bankrupt).  The devaluation of the dollar which the dinar is pegged to (Quantitative Easing 1, 2 & 3). 

A persistent world recession plus sanctions on Iran producing a requirement for $$ since they cannot sell their oil or even access any international financial markets. Their only access is through Iraq and through the CBI currency auction since Iraq has bank branches in Iran.

Shabibi was appointed by Parliament, but the staff in the CBI was controlled by Maliki. So when Shabibi wanted to fire several people from the CBI, he could not. What happened was that Shabibi was using the Currency Auctions to control the Inflation in Iraq.

However, as it turns out, Maliki was using the auctions as a way to channel funds to Iran.

Here is how:

Certain Iranian banks, currency traders of businesses that privileges to enter into the currency auctions would manipulate the spread between the buy and sell rate.

At the CBI they maintain it at say 10 to 12 between them. These traders would expand that 60, 70 or even 100 dinar and pocket the difference. They would then be able to sell that back to the CBI and get US dollars for them.

This is what the money laundering at the CBI was all about and all those articles that you kept reading.

Shabibi wrote all about this in his expose at the end of 2013. There were 4 clerks from the SOL in the currency auction staff that he could not fire (but he kept very good notes on them).

With all this pressure on the dinar, Shabibi could not keep inflation in Iraq under control and prices in Iraq started to raise.

Maliki made a run at the CBI again in April 2012. He accused Shabibi of Corruption and Money Laundering. Given the seriousness of this Maliki filed a case in federal court so that his friend Medhat al-Mahmoud would to let him take control of the CBI with all that lovely money.

Nujafi wrote a letter telling Maliki and al-Mahmoud to stop interfering with the independent institutions. In June Maliki tried to appoint Turki to the post of CBI Governor, but that was rejected by Nujafi and the parliament.

Maliki forced Nujafi’s hand by putting an arrest warrant out for Shabibi while he was out of Iraq attending an IMF meeting in Tokyo in October 2012. In the Iraq press, Maliki made it look as if Shabibi was fleeing the corruption charges when nothing could be further from the truth.

Shabibi never returned and Turki took over the CBI.

In this turmoil, the UN made it very clear that they were watching very closely and would not allow Maliki to take control of the CBI. From many of the deft moves that Turki has made I think that Shabibi has been tutoring Turki. I don’t believe that Maliki ever did get his hands on the reserves, but the money laundering has continued.

Now this is my opinion only:

This is a cozy situation for Maliki. He gets all the money from the Petro-dollars. He has had the Constitutional amendment that says they are to share a portion of that with the people of Iraq unconstitutional so he could keep it all.

What he and his cronies do not put into their pockets they send to Iran and I think it finds it’s way to Assad to fund the war in Syria. Besides the petro-dollars, they have found a way to profit handsomey off the CBI and its auctions.

All of this will change once the currency RV’s.

And should Maliki or one of his puppets not become Prime Minister, the rats in the State of Law coalition who have been ripping off Iraq of all the money and resources are screwed and they know it.

 Why do you think they are fighting so hard to stay in control despite the overwhelming cacophony of voices for Maliki to leave.

I have gone on way too long and oversimplified things greatly.

Shabibi is only one of the many Sunni’s politicians that Maliki has marginalized. He has done this over and over and over again until almost all the main Sunni politicians are no longer in government.

It is no wonder the the people just exploded when Maliki started to do this to Finance Minister Rafi al-Issawi, which lead to year long plus sit-in protests and the massacre in Hawijah and more.

 But that is whole other long story and I am sure you have had enough with this history of the CBI, but I tend to be a storyteller if you haven’t noticed.
So let me sum up where I started, may I respectfully disagree with the premise that Maliki is just a cog in the wheels of a larger scheme and when the Powers That Be say that the Iraqi economy will RV it will happen regardless of who is the Prime Minister.

I believe that Maliki has his own agenda and although he may say that he wants to RV the currency, his actions say something quite different.   RandyT00 (~_~)

www.currencychatter.com

Millionday Tuesday Night News Part 2

Millionday News 7/1/14  Part 2

  Welcome To Tuesday Night News With Millionday!

  [millionday] here we go  –  want to make sure you see this

  [millionday] Iraqi Central Bank announced Monday, for determining work assignments in Economy Bank for Investment and Finance reality under the tutelage of the bank in order to maximize the Bank’s financial resources to the limit and work to reduce losses to a minimum.

The Director General of the Directorate of banking and credit control Abdul Abbas Khalaf Sultan in a statement received “tomorrow’s Press,” said that “the central bank decided to give some financial authority for the management of the bank in order to

    [millionday] compensate for losses included entry Economy Bank for Investment and Finance to the window of the sale and purchase of foreign currency ceiling cash specified amount of five millions of dollars a week.
~~~

  He added that “the Bank allowed the bank also issued letters of guarantee type entry tender exclusively starting tomorrow, Tuesday,” pointing out that “these measures come based on the powers of the Central Bank of Iraq in accordance with the Banking Act No. 94 of 2004.”

    [millionday] so as we see — the amount of five million dollars a week for exchange is really not a lot — but this is an assignment to the bank to help keep control and audit with other banks so they can delegate work and training as well

    [faith1] are they setting that amount of exchange for them or us ,, or both?

    millionday] this is regulations for the banking that they are applying for the move for the modern banking they are moving to or banking reform

    [faith1] their banks then,,,, ok Thanks !

    [millionday] this is what they are able to buy per week or may be even hold as they progress with investors ect — these regulations are being set without really knowing exactly what they are going to be dealing with as investors enter and begin work

    [coolspot] Do you think by the time they seat the Government these reforms will be outdated and need rewriting?

    millionday] no — this is the CBI statements that are being set by CBI as they do their job — now they may change in the future due to needs they dont expect as they grow

    millionday] here we go  –   i am going to add this link here so that when you have time you can learn about the transition if you want to do so — it is where i learned a lot about the changes we are seeing when i was doing my studies and it is a great report but very very long — it will help you if you are a book dork like me and teach you the steps we are witnessing

    millionday] but dont go anywhere now just save it for sometime when you have trouble sleeping and need to get to sleep right away — lol

    [millionday] global transition phases and how they are applied through private and public input and ajoining >>> http://www.unesco.org/ed ··· gve.html

    [millionday] here we go  –   as we have told you — there have been some strange things going on in Iraq in the past few weeks –   Iraq has lifted a 17-day social media ban imposed to disrupt the communications of armed militants who have seized much of its west and north, although about 20 news websites remain blocked, industry sources said on Tuesday.

One source said that Iraq had come under pressure from foreign non-governmental organizations (NGOs) to end the ban but the state telecoms company did not explain why it had done so.

The Islamic State in Iraq and the Levant (ISIL), which on Sunday declared its leader Abu Bakr al-Baghdadi caliph of the Muslim world, is the driving force behind the rebellion by Sunni Muslim groups and has used social media to publicise its agenda.

    [millionday] note — these companies are public — so this would have hurt stake holders and their values if they had remained closed –  The revolt, which began with the June 10 capture of Mosul, prompted state-run Iraq Telecommunications and Post Company (ITPC) to block some social media platforms on June 13, Reuters reported last month.

These included Facebook, Twitter, Skype and YouTube. The ban was lifted on Monday, according to Martin Frank, chief executive of Sulaymaniyah-based Internet provider IQ Networks, and three industry sources who spoke on condition of anonymity due to the sensitivity of the matter.

    [millionday] ITPC, which owns almost all fixed line networks outside Kurdistan, and the Ministry of Communications did not respond to requests for comment.

About 20 news websites, including those of Qatar’s Al Jazeera and Saudi-owned television station Al Arabiya are still blocked, two sources said. Iraq’s Shi’ite Muslim Prime Minister, Nuri al-Maliki, has accused Qatar and Saudi Arabia of funding Sunni insurgents in Iraq, a charge the two Gulf states have denied.

    [millionday] In a separate move, the government has lifted restrictions on virtual private networks (VPN) that were also imposed in mid-June, the sources said. VPNs enable users to appear as if they are accessing the Internet from elsewhere, thereby dodging online restrictions.

In a third apparently related move, the government has again permitted mobile data use outside conflict areas, two sources said. Mobile data includes instant messaging applications such as Whatsapp.

    [millionday] so some of the “reports” that have come out through these sources were not viable

    [millionday] or as we call it “smoke”

    [quicktolegit96] this may be a lil off subject, but what did you think of cl video on this reset?

    millionday] i have not seen it   please pm it to me

    [millionday] here we go  –   Farah pumice emphasizes local traders ability to assign the local market’s requirements core after the increased need to provide food and supplies military equipment to more than three million volunteers prepare most of them to join the armed forces personnel In its fight against terrorism.

supplement market president of the Federation of Chambers of Commerce Jaafar al-Hamdani said in an interview for the “morning” provides all the capabilities of logistics and financial traders, grouped under the umbrella of the local chambers of commerce, located in all provinces to supplement the Iraqi market with the necessary basic goods.

    [millionday] note — the markets are announcing capability to keep up with the needs in the country and there is more they are saying too — smile

    [millionday] it gets better — smile

    [millionday] He pointed out that the objective of the Union today focus toward maintaining a balance in supply and demand within the market and not allowing for any shortage in the domestic market, pointing out that most traders that not all of them made ​​fun of their efforts to assign the armed forces of the market, which is the bond important to achieve victory.

smooth high Hamdani also said that the mechanisms of nutrient supply and basic to the local market is witnessing a streamlined high after the adoption of the new measures, which facilitated the smooth passage of goods and commodities, and the role of the committees overseeing positive in overcoming problems that might confuse the reality of the work of border crossings.

    [millionday] note — they are not having issues with crossing borders — logistics in place and we will see more on this in just a couple minutes too

    [millionday] pointed Hamadani that we have seen cooperation great by all parties overseeing the supply of food at border crossing points, where there is a coordination of high between all devices in order to supply the goods to the local markets and the quantities required.

no shortage of material and said Hamdani lack of fear for lack of food or basic inside Our markets in all provinces, attributing this to the potential of the Iraqi traders in the supply of required quantities through a network of relationships with chambers of commerce and international companies specialized in the supply of goods and commodities.

 to that between a member of the Chamber of Commerce of Baghdad, Ali al-Obeidi said the local market supplying goods to the wholesale markets and continuously and in quantities required,

    [millionday] note — they are working with the chamber of commerce and also are working under supply and demand — market economy — no way around it — that is what it is

    [millionday] pointing out that demand has risen to some of the material during this period for many reasons in the forefront of receiving holy month of Ramadan, as well as the need for larger quantities of food to feed the volunteers to join the ranks of the armed forces,

noting that this demand facing materials available in local markets and in sufficient quantities . ,

and pointed out that the support of the military forces are sometimes directly by traders by sending food to the battlefield directly to the provision of food needed for a fighter and this is a good step calculated to Iraqi trader.

consumption levels expected to drop the demand for food after the month of Ramadan holy as it gets in every year, where the rising graph of the level of consumption of the Iraqi family which then comes back to the percentages of natural

    [millionday] note — in business this adds a figure that allows for the business person to reflect on the actual needs or demands and do calculations in the future for ordering and due success — this is a huge step in business

    [millionday] and also good to feed the troops — smile

    millionday] note — i know this may seem boring but really think about what they are saying here for the upcoming movement of goods and it applies to other news i will be showing you

    [millionday] pointing to the importance of attention to the levels of consumption and adoption patterns to suit the actual need, not to rise to the levels of waste and extravagant unjustified.

traders, local For his part, stressed Economic expert Mahmoud Alloush said Iraqi traders have experience and competence in the provision of all the requirements of the Iraqi market and the requirements of the armed forces of various goods and supplies, and insurance Ansiabatha well and priced very natural.

said Alloush “morning”: “In the light of the statement of reference which had a big role to put things in perspective and urged every citizen to a sense of responsibility towards the country,

    [millionday] note obviously this is preparation for a market economy as i was just saying

    [millionday] note — the rest of this shows the preparation for global market needs and business

    [millionday] initiated by a group of traders who specialize in all areas to work on the provision of local market requirements of various goods and supplied from the origins of multiple and border ports multiple “.

 ports south and pointed out that the supply of goods has become for Using ports southern border in Iraq, along with open implementers with its neighbor Iran, in addition to the facilities provided by the government, regardless of import licenses and customs duty specified under the Tariff Act (5 percent),

    [millionday] note — remember that they have minimized the red tape as well to get their products out and some in recently as we read

    [millionday] note — this is showing the readiness

    [millionday] which led to the availability of a lot of goods in the market and fill the need for affordable appropriate and specific. distribution dates as between Alloush support the Ministry of Agriculture in the light of the initiative of agricultural marketing dates of the armed forces, by providing dates last season for the military, as it has been packaged by (3 kilograms) of explosive each and distribute them, and Dates are meal integrated and meet certain requirements security forces.

    [millionday] so many of us remember the loss of many dates when they had no way to get them out or store them or even any logistics

    [coolspot] An unstable Iraq is a concern to the International Community! How many years set back do you believe the present infighting has caused?

If Maliki is a true Statesman, would he not willingly step aside for the good of the people and Nation? This has to be a major concern to International Organizations and Funding Agencies and can delay funding for restructuring.

    [millionday] i hope this makes sense to all of you — customs — tariff — and also port entry and training on needs for the market

    [RRathbun] Very clear

    [crank7] Any Parl News we haven’t seen?

    [millionday] they have investors that are investing and the delay of funding or grants i dont believe comes into play at this point — contracts — and there are many — the leader of Iraq and what they have come up with will be released and we will get to the political side of things in just a sec hun

    [millionday] yes there is all of it we have not seen  this was the economic news

    millionday] here we go  –  Kurdish bloc will participate session of Parliament Irbil Shirzad Shaikhani arrived in Baghdad yesterday, another of Representatives Kurds from the winners of seats in the House of Representatives session of the new post the opening session of the Council scheduled for today “Tuesday,”

 amid reports that there was no pressure from the Supreme religious authority in Najaf al-Ashraf on the political blocs to rush to form new Federal Government to rescue the country from its current crisis and restore security and stability after the emergence of groups Daash and its occupation of many areas of Iraq.

    [millionday] According Lists winning a seat in the new parliament Kawa Mohammed for the MDC Kurdish, who confirmed the “morning” that today’s session will be dedicated solely to swearing Members of Parliament, has been witnessing the meeting as was the Parliament of the Kurdistan region elected President of the Age of the runs of the parliamentary session,

 and I expect that the session is over to declare remain open to begin after the representatives of the political blocs to negotiate about the shape and features of the next government.

 ” Asked whether there was actually pressure from the reference religious formation of the three presidencies in the opening session, scheduled for today,

    millionday] “said Mohammed:” It is very difficult, or impossible to talk about consensus in this urgency to choose a prime minister is the highest executive authority in the country and the presidency,

 a post symbolizes the sovereignty of Iraq and the presidency of the parliament which is the highest position a legislative in the country, these positions have been many years ago replaced the difference and even a cause of conflict,

 I do not think that the parliamentary blocs will reach agreements or even consensus on filling these positions quickly enough, it think that the session will remain open in front of the parliamentary blocs to start consultations on a deal or a political agreement for the distribution of positions. “

    [millionday] note — so as we know it is very hard for them but they are working on it for the positions

    [millionday] Asked if received Kurdish blocs anything on the Kurdish position in the session or in the event of the emergence of specific proposals on the distribution of positions, said Muhammad:

“We have not received so far nothing official from the leadership of the Kurdistan region, there is a delegation or working group was formed from by the presidency of the region and lead the Kurdish delegation multilateral negotiations which will be launched at a later stage for understanding and distribution of quotas between the components and the Iraqi factions, and this team is determined by the Kurdish position on this issue, and

    [millionday] we Representatives of course we will abide by the decisions of the team that as expensive by the leadership of the region, but So far we do not know the nature of the proposals to be put forward during today’s session,

if there were any proposals or demands on the distribution of positions and naming the three presidencies must be that we are studying the Kurdish groups and consult with them in order to decide our leadership position after them. “
    [millionday] so the one very important thing is that they are all working together and will be respecting the process and seem to be actually doing just that

    http://dinarupdates.com/observer/

    http://www.dinarupdates.com/blog/

http://www.dinarupdates.com/showthread.php?14048-Millionday-News-7-1-14

Millionday Monday Night News Part 1

Millionday News 6/30/14  Part 1

    Welcome To Monday Night News Time With Millionday!

    [millionday] so here comes a WHOOPPOW  AND A WHOOOP WHOOOPP  SMILE

    [millionday] HERE WE GO

    [millionday] NEW YORK and BAGHDAD, Iraq, June 28, 2013 (GLOBE NEWSWIRE) — The NASDAQ OMX Group (Nasdaq:NDAQ) has entered an agreement with the Iraq Stock Exchange (ISX) to upgrade its current trading platform. Under the terms of the agreement, ISX will replace its existing NASDAQ OMX platform (Horizon) with one powered by the renowned X-stream technology.

 The upgrade is expected to be rolled out by mid-year 2014. “We are committed to becoming one of the most innovative and groundbreaking exchanges, in the Middle East and across the world,” said Taha A. Abdulsalam, CEO, Iraq Stock Exchange.
~~~

  “Upgrading our trading technology and continuing our partnership with NASDAQ OMX is a clear indication to investors, regulators and other exchanges that Iraq will continue to become a financial center for more regional and global businesses.”

The upgrade to X-stream will provide ISX with a widely deployed high-end, multi-asset trading platform that complies with international standards. The migration to X-stream is a step in ISX’s am

    [millionday] note — huge news in this report

    [millionday] so the platform has been done and here is the rest of it >>>>  The upgrade to X-stream will provide ISX with a widely deployed high-end, multi-asset trading platform that complies with international standards.

 The migration to X-stream is a step in ISX’s ambition to become a Middle Eastern hub, able to host and facilitate other regional markets. NASDAQ OMX has delivered trading technology to ISX since 2007.

“We congratulate the Iraq Stock Exchange on their commitment to a trading platform that is certain to put them at the technology forefront of exchanges in the Middle East,” Lars Ottersgard, Senior Vice President, Market Technology, NASDAQ OMX.

“The upgrade to X-stream technology will equip ISX with a sophisticated and robust trading platform that increases investor involvement both in the Middle East and internationally.”

    [ybass2277] Is there anything in current ink? ….this is from 2013…. Not to be disrespectful.

    [millionday] oh yes and you are not being disrespectful hun at all  smile

    [millionday] In less than a decade, traded shares in ISX increased almost 10-fold, to more than 1.2 billion traded shares expected in 2013, while market capitalization increased more than seven times over the same period to over $12,170 billion USD in the first six months of 2013 alone.

 “We are extremely proud to support ISX’s positive development and their vision to provide a well-recognized marketplace in the region,” said Michèle Carlsson, Head of Business Development, Middle East and Africa, NASDAQ OMX.

“ISX recently implemented one of the most successful IPOs in the Middle East and by upgrading to our X-stream technology, ISX will be running a resilient market place that will attract both Iraqi and international investors.”

    [millionday] note — understand that today they went electronic and this is what explains the beauty of the whole thing

    [awesomedtl] ohhhh ok

[millionday] The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade – from risk management to trade to surveillance to clearing.

In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions.

Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward.

    [millionday] note — they announced it today we should say

    [millionday] ok here we go

    [millionday] The Iraq Stock Exchange (ISX) plans to upgrade its current trading platform, according to an agreement the Baghdata-based marketplace entered with Nasdaq OMX.

 Under terms of the agreement, ISX will replace its existing Nasdaq OMX platform (Horizon) with one powered by the X-stream technology. A rollout of the upgrade is planned for mid-year 2014

    [millionday] note — there is so much out there about the international move that i am going to bring a couple so it makes sense

    [millionday] The upgrade to X-stream will provide ISX with a widely deployed high-end, multi-asset trading platform that complies with international standards, according to Nasdaq OMX. The move is also a step in ISX’s ambition to become a Middle Eastern hub, able to host and facilitate other regional markets.

    [millionday] note — they are going to be able to help the entire region grow economically through their isx

    [millionday] “We are committed to becoming one of the most innovative and groundbreaking exchanges, in the Middle East and across the world,” stated Taha A. Abdulsalam, CEO, Iraq Stock Exchange.

 “Upgrading our trading technology and continuing our partnership with NASDAQ OMX is a clear indication to investors, regulators and other exchanges that Iraq will continue to become a financial center for more regional and global businesses.”

    [millionday] Commenting on the agreement, Lars Ottersgård, SVP, Market Technology for NASDAQ OMX, said the new “trading platform … is certain to put them at the technology forefront of exchanges in the Middle East.”

“The upgrade to X-stream technology will equip ISX with a sophisticated and robust trading platform that increases investor involvement both in the Middle East and internationally

    millionday] According to Michèle Carlsson, Head of Business Development, Middle East and Africa for NASDAQ OMX, who is also quoted in the release, “ISX recently implemented one of the most successful IPOs in the Middle East and by upgrading to our X-stream technology,

ISX will be running a resilient market place that will attract both Iraqi and international investors.” Nasdaq OMX’s X-Stream technology is currently used by 25 exchanges globally.

    millionday] not that this is obviously very encouraging but — this is very WHOOOPOW !!!

    [millionday] so AS WE can see – they will be internationally recognized or — this will not be able to be completed

    [millionday] i hope the different information sources helped you to understand how huge this really is

    [faith1] Is it from 2013 or now? and could it be that ISX went electronic to give their own a test run,,, the article said, went electronic Sunday, then had statement from a trader that he/she would wait to invest his own money to see how it works,..

 my thought is this gives their own a chance to get familiar with the new platform. Next link and go international.

They are also stating this will bring in investors,,, as far as even listing how many wealthy business are in the NY stock exchange,, so how can they invite them without going international with a reality rate?? !!

they also state in several articles …trading platform that complies with international standards, international standards,,, international standards !! how long can they make these announcements without bringing forth the reality rate !! Exciting ,,, smile!

    [millionday] the info i brought is a group of information that explains what it is and how it has been planned and also how it will affect them and what they plan to do with it –

 they are planning on it being done or launched by the first so if they do — we can see by so many of these sources that it is very important and also shows us the international recognition is needed and the market will be exposed to the globe

    [boomshakalaka] The ISX is supposed to go live tomorrow. Do they not need a reality rate?

    [millionday] boomshakalaka if the dinar is sold on the market — it will be priced to its value — a fair market value  – it may not be done tomorrow but it is very close

    millionday] ok everyone all we can do is follow the ink so lets cross everything and pray for all those we can help

    [millionday] here we go  –  Farah pumice despite the challenges faced by the country from terrorist attacks affected several areas, but the economic situation is progressing well towards stability after the balance in supply and demand for goods and commodities, as well as the strength of the oil sector ,

which is the feature compensate vacuum investment fist local workforce, according to what was confirmed by economic expert on behalf Antoine in his statement to the “morning.”

    [millionday] note — supply and demand is what a market economy is

    [millionday] note — this states that the economic reforms are going well and are not being held up due to security

    [millionday] the expert pointed out that the economic situation is going well there is a balance between supply and demand for goods and services that achieve self-sufficiency, as a matter of good and hope in the response by the citizens and risk assessment that has plagued the country reported fight back terrorist operations facing.

“The oil sector, which is a vital artery for the Iraqi economy continuously work and export ports south of the country, besides owning the country cash reserve with the central bank, which contribute to the stabilization of the Iraqi currency,

    [millionday] note — the oil export is ready and willing able ect and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI

    [millionday] which dampens the current circumstances, as well as the phenomenon deals in the market from the response of the private sector and Iraqi traders significantly to the process of reducing the slight rise in prices witnessed in the domestic market during the Alassapa years,

by foot on the import of goods not to leave the field in creating a buzz in the market, thus reflected on the economy and that the goal of terrorism to weaken the internal front and paralyzing the work, he says.

    [millionday] note — the gains were not achieved by terrorism to halt the growth and advancement of the economy — the prices in the market are normal and not going to be too high due to loss or other expectations presented when attacks of terrorism happen

    [millionday] and between Antoine said Iraqi employment has replaced its counterpart overseas in the oil sector, and that the pace of work in the continuation and escalation, likely to occur growth in the oil sector during the current year, as well as their replacement (local employment) sites of foreign in some investment projects and projects implemented infrastructure and sustainable development in the country.

    [millionday] note — the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure

    [millionday] expected expert of a slowdown in the investment sector because of the practices of some of the media that distort the image of the country abroad leads to a decline in turnout investors,

 as well as delays in the issuance of the general budget for the current year of 2014, what could hinder a lot of continuity of investment projects and initiate new ones.

    [millionday] the result of any slow down was from the media reports– those are the negative insights to what is going on and what is being done about it — we have seen it ourselves

    [ROBINREDHED] LOOKS GOOD

    [millionday] i agree   smile   brb with more

    [millionday] note — this means 4 am est

    [millionday] The agenda of the session (1) Tuesday (1) July 2014 First, read verses from the Koran. Secondly, the opening of the meeting by the President of Age, Dr. Mehdi al-Hafez.

Third, sworn for ladies and gentlemen deputies third electoral cycle. Fourth: the election of the President of the House of Representatives and his deputies. Session start time: eleven in the morning.

    [The Shoe] What means 4:00 AM EST?

    [millionday] the time of the parliament meeting starts at 4 am

    [millionday] it says in the report 11am but that is Iraqi time

    [Pablo] What time does the ISX go on line? Midnight Iraq time?

    [millionday] i will look hun   not sure

    [millionday] here we go   this is a huge huge change in what some of us have seen in the many years we have been here

    [millionday] Hussein al-Tamimi Tgb – Mustafa al-Hashemi expressed industrialists and specialists their own abilities to raise the production capacity of their plants in line with the reality of the growing demand for food, arguing that most of the industrialists have declared their support for the security forces by supplying the local markets and the armed forces in nutrients necessary.

 capacity productivity, president of the Federation of Iraqi Industries Acting Ali Sabih pointed to the availability of productive capacities quality to a lot of food and drinking water,

 pointing to the stand when the real capabilities of our production local, which is across the coefficient of the local private sector, which can cover 50-60 percent of the local market need.

    [millionday] note — now think about what this must mean for the advancement in their capabilities

    [millionday] He said in an interview for the “morning” that hundreds of laboratories competent to produce food are able to promote their production to higher levels than it is now, pointing out that in the event of high demand for our food could raise production to significant levels through continuous work Bojpti work or open new production lines.

 textile mills and pointed to the possibility of supplying the armed forces with the necessary equipment by raising the production capacities of the coefficient of textile work of running the local private sector, which increased demand for its products during the current period to the presence of large numbers of volunteers,

 noting that members of the Union confirmed their ability to cover a large proportion of domestic demand for this type of industry.

    [millionday] note — means they can also be competitive in the market place — huge huge change from where they were

    [millionday] i want to continue looking at this and see if we see any plans that show themselves in the market

    [millionday] said Ali that the activation of local factories do wheel of economic reform that purports country adopted during the coming period, Phase Current demonstrate the real potential of the private sector domestic industrial.

market support to the Chairman of Committee for the crowd Economic d. Sami al-Araji, the work to create the requirements for the success of the local industries are able to support local markets for basic foodstuffs necessary requirements and support the armed forces of their basic needs.

said unions can specialized professional to show the real potential of their potential by providing what could have in supporting local markets and the army in its war against terrorism ,

 pointing to the importance of supporting the market, which is the hinterland of the battle, as well as services that can be provided directly to the army in the field. provide materials

    [millionday] note — huge advancement from where they were

    [millionday] In this context, the researcher said economic state just to border crossings and ports has recently seen the entry trucks and ships carrying food from different origins to unload their cargoes in stores To meet the growing demand in the markets in the month of Ramadan. ,

 she just told (morning) that he does not fear running out of food from wholesale markets, because the entry of trucks loaded with continuous, and that the commitment of traders and their contracts with the government led the purpose of the provision in the markets local.

witnessing the month of Ramadan every year the citizens preparations early, namely the purchase of additional quantities of dry food and soft to receive Bmoaúd variety for breakfast.

    [millionday] supporting the army and confirmed the presence of campaign contributions to the Army by wholesalers in the provision of food for the purpose of his support in the military campaign against terrorism, noting that efforts continue to be provided in the stores and then putting them on the wholesale markets for Atdaha owners of markets and small shops scattered in cities all.

 showed that the ports of Basra witnessing movement determined to enter the ships loaded with the kinds of food to support the ration items, along with other materials imported by traders to supplement markets Iraqi goods and various commodities.

Iraq has about 14 centers a customs distributed between border crossing points between Iran and Turkey, Syria, Jordan, Saudi Arabia and Kuwait as well as the air port “Baghdad International Airport” in addition to implementing marine the twin ports of Umm Qasr and Khor Al-Zubair.

    [millionday] note — understand the seriousness of what is being said here — customs are ready for 6 country port entries and this is huge huge preparation for the entry of market — i know they are speaking of food ect but think of what they have completed

    [millionday] drew just that the Wholesale Markets been witnessing a period of increasing demands to the shop by the small traders and shopkeepers on the occasion of the advent of the holy month.

Wholesale Markets For his part, sees Khalil al-Jubouri, “shop owner” to provide food in the wholesale markets contributed greatly to the reduction of the high prices, especially in the month of Ramadan, where traditionally families The shopping for various canned meat and juices Ktqos traditional annual diversify tables breakfast.

added Jubouri in his speech (morning) that wholesale markets experiencing big movement to shop these days as the entry of new food and variety will contribute greatly in supplying the market with as is the specter of fear of scarcity and depletion shops.    
[millionday] so as we see the one thing we all love at dinarupdates.com

    [millionday] PROGRESS!!!!!!!!!!!!!!!! !   WHOOOPOW

    [ROBINREDHED] YAYYYYYYYYY

    [millionday] love it — customs set up and ports ok — love it

Comments may be made at the end of  Part 2  Thank You

News and Opinions from Frank26 and KTFA Members Saturday AM

Hormonelmom: Ok Frank, If I recall (which my recall aint so good any more), Eagle 1 posted something recently (last 2 weeks maybe?????) about his banking experience years ago and that Chalabi was not a good guy way back then. Not much to choose from in Iraq I suppose. (kinda like my current outlook on my government). I wonder, if he will be better or worse than Maliki if he indeed is the new PM. Just thinking out loud. And goodness I hope I didn’t get my remembering wrong on Eagle1′s post.

Frank26:  Chalabi …… Was simply nominated. Three others were nominated today as well.

IMO …….. There will be more nominations.

Why? Because there is less and less fear of ………… M.
….
As for C …….. Yes he is a front runner and more than likely the eventual PM for Baghdad. Time will tell.

I just Love the fact that the Parliament/GOI is forming.

IMO …….. M was the REASON for ISIS.

But who cares about politics ………… Pray that The CBI TALKS again tomorrow or Monday!

KTFA,  Frank

Millie :NOMINATED, WHAT? …. AND THERE ARE MORE TO BE NOMINATED? I DONT UNDERSTAND.

THAT TO ME IS PROCRASTINATION AND A SLOWING DOWN OF “THE PROCESS”….

INPUT ON THIS WOULD BE APPRECIATED BECAUSE IM CONFUSED   THANK YOU.

*************

Frank26:  On Monday’s CC DELTA talked for over an hour ………….Where he took meticulous care in defining The COMPLETE process from nomination to Parliament seating to PM to president to the 30 days to form the GOI ministers to ………… The answers of Your qts Millie.

Wish I was there to give You a hug ………. Cheer up.

IMO ……… Lava is Flowing …….. No worries.

KTFA,  Frank

**************

The Sandman :   Iraq’s Next PM? Ahmed Chalabi….

http://www.youtube.com/watch?feature=player_embedded&v=luDa3rqrdv0#t=0

*************

Frank26:  Hmmm ……….. I like the fact that the Par/GOI is forming ………. So does the CBI/IMF.

Aloha Dreams KTFA Family ………… With God ……… They really do come true …….

KTFA,  Frank

**************

walkongstick wrote on June 21st, 2014, :

Qubad Talabani: I do not see that America is making to help al-Maliki and his alliance    Under section: politicalDated: June 21, 2014

Erbil / Iraq News Network – The vice president of the Kurdistan Regional Government Qobad Talabani «We we have stated repeatedly that we do not want to secede from Iraq, but Iraq probably secede from us.

Added Qobad Talabani said in remarks to Time magazine« This seems to be what is happening now, I have predicted that this going to happen and it’s just a matter of time, and actually got what happened, Iraq is in the process of switching to Kurdistan in the north, and the year of Stan in the middle and both reject authoritarianism growing to the owners and to the Shiite state in the south ». said« there is still plenty of time in front of Maliki to reconsider and apply the Constitution, which allows Generation entities federal, before he spoke out civil war »., and about the fatwa issued by the supreme religious authority, Ali al-Sistani, urged the young Shiites to take up arms, said Qubad Talabani« that the fatwa issued by Sistani, which calls for the national defense of civil, may lead to civil war, because we are now seeing young Shiites take up arms for the defense of Iraq ».,

and about the role that could be played by the U.S. in Iraq, said Qubad Talabani« should reconsider the United States to consider its decisions on intervention in Iraq, but for the benefit of? I do not see that America is making to help al-Maliki and his alliance .. they help the Kurds .. because we are the only partner fittest remaining in Iraq, so the United States to assist in arming and training the Peshmerga to establish stability in the region, instead of making their weapons pouring down on Baghdad. If we had we received by 1/17 of the weapons equipped army in Baghdad, we would not have Agaynaha aside, but we will fight them and stick to our land. »  LINK

 **************

Frank26:  “Sir……. We were sworn to protect M ……… But he is on his own now.”

“Yes ………. I noticed.”     TEAM CC notes.

KTFA,   Frank

**************

listen11 wrote on June 21st, 2014, :

The front of Time magazine says, “The End of Iraq” surrounded my a flaming Iraq map.

**************

Frank26:  “IF” ……… You or anyone else buys this magazine then …….. TIME …… Can say Mission Accomplished.

Two things sell the NEWS ………. This is one of them.

KTFA,  Frank

**************

walkongstick wrote on June 21st, 2014, 9:51 am:

Urgent .. and the arrival of the first group of American advisers to Iraq today
 Friday, June 21, 2014 15:59

[Follow-up - where]  A source in the military and the U.S. Department of Defense [Pentagon] that the first group of U.S. military advisers will reach Iraq on Saturday.

A Pentagon spokesman John Kirby, announced today that “in the introduction to the functions of advisers assess the capabilities of the Iraqi forces and preparing for the arrival of the rest of the experts.”

It is expected that the crew stationed consultant George, author of the 300 component of the elite Navy SEALs and the U.S. military, in the capital Baghdad and northern Iraq.

U.S. President Barack Obama announced last Thursday that his country plans to send 300 military adviser to Iraq to help in the face of terrorist gangs Daash which seized control of several areas there. Ended

http://alliraqnews.com/index.php/2011-04-18-02-59-24/136479-2014-06-21-12-59-42

**************

Frank26:  IMO ……. The faucet has been turned back on ……… 1000′s more after this First.

KTFA,  Frank

**************

walkongstick wrote on June 21st, 2014,  Brought Forward!!

Sources: The Iraqi government has agreed to grant U.S. troops immunity required – JUNE 18, 2014

BAGHDAD – East June 18: diplomatic sources in Baghdad said the U.S. contacts with the Iraqi government focused on the granting of U.S. soldiers being recruited immunity Aleghanonahoukalt sources that the Iraqi government has agreed in principle to give them immunities required though she had refused when organizing Convention on the withdrawal of U.S. troops from Iraq in two thousand and one Ashrwachart sources which expressed reservations on the condition of anonymity that the approval of the Iraqi government will facilitate increasing the number of Marines sent to Iraq to four thousand spread half of them in Baghdad and the other half in the other areas of conflict.

http://www.alsharqiya.com/?p=127747

**************

Frank26:   Yes ………… WEEKS ago …….. Hence the reasons why we are there NOW!

KTFA,   Frank

**************

JJONESMX wrote on June 21st, 2014, 10:57 am:  Good morning Frank sir… Have you seen this?

An investment group from the US was on fox business news yesterday said they were investing millions in the ISX THIS WEEK!!

He talked about how the Iraqi currency was an oil based currency and more.

https://video.foxbusiness.com/v/video-embed.html?video_id=3625310197001

*************

Franks26:   No I did not …….. TY.

Unless they are complete fools ………. The International World smells chum in the waters of Iraq.

KTFA,   Frank……… Not War!

**************

DLR :  THINGS HAPPENING 1 JULY 2014

FRANK OPENS A NEW FILE FOR STUDY…………………..

IT TOOK MORE THAN A FEW WEEKS/MONTHS FOR THE EXTENDED AREA AROUND MT ST HELENS TO
RECOVER………..

MAYBE ON JULY 1 WE SEE OR HEAR SOMETHING IN THE GAZZETTE……..

SORRY FRANK I CANNOT SEE MUCH POSITIVE……IF THEIR IS/ANOTHER ATTACK OR SOMETHING WILL COME ALONG
Frank26:  Yes ……… Time to form the GOI.

But IMO IR can come out anytime the conditions are congruent with the CBI goals.

I see continual progress because I do not seek a date.

KTFA,   Frank

Late Wednesday Night Jester Chat

[Jester] HI MODS, PEEPS, LURKERS, AND CRITTERS… HAPPY HUMP DAY…

[Jester] HOPE EVERYONE IS DOING WELL TONIGHT…

[Betsy Ross] Jester doing great and you?

[Jester] Betsy Ross I AM LIVING ON 5 HOUR ENERGY…. HAHAHAH

[Jester] IF SOME WEIRD STUFF SHOWS UP ON THE SCREEN LIKE IT DID THAT ONE TIME YOU WILL KNOW I WENT TO SLEEP ON MY KEYBOARD…. HAHAHAH

[Hannah] Jester Yesterday ran pretty long for you, didn’t it?

[Jester] Hannah BEEN A LONG COUPLE DAYS… BUT IT IS WHAT IT IS…

 [Jester] SO WHAT HAS BEEN GOING ON IN HERE TONIGHT?
….

[dinarrocks] Jester Is the fighting in Iraq been instigated by the Cabal? IYO?

[dinarrocks] Seems the more instability, the longer this can be drawn out???

[Jester] dinarrocks IT HAS A SIMILAR FEEL TO THE SYRIAN REBELS SUPPORT THAT MYSTERIOUSLY LOOKED LIKE IT MIGHT BE THE WRONG SIDE HELPING…

EVER NOTICE HOW THAT FADED OFF INTO THE SUNSET WHEN THE NEWS STARTED LEAKING OUT WHAT WAS REALLY GOING ON…

 [Jester] AND THEN THE UNKRAINE THINGIE… WHEN IT BECAME KNOWN THAT THE US HAD FUNDED THE SUPPORT OF THE OTHER SIDE THAT WOULD LIKE TO BE IN POWER AND BE MORE FAVORABLE FOR THE EU…

RUSSIA CAME IN AND TOOK A FEW NAMES… AND THAT ALSO MAJICALLY FADED INTO THE BACKGROUND…

[dinarrocks] Jester And possibly a ploy for “M” to maintain control if he can get martial law?

 [Jester] NOW… IT MAY BE THAT THE SAME THING IS HAPPENING HERE… LORD KNOWS WE HAVE NOT HAD MUCH WAR LATELY.

 SO THE DISTRACTION CONTINUES  AND THE MISDIRECTION OF THE MEDIA WILL KEEP YOUR EYES FOCUSED ON WHAT THEY WILL LIKE YOU TO SEE…

[alfonse] I have been focused on Cantor losing his Primary. ;)

[Jester] Come in close, because the more you think you see, the easier it’ll be to fool you …

 [Jester] THE PROBLEM IS… WHY GO BACK TO IRAQ EXCEPT AS A DIVERSION… NOTHING TO DO THERE…

THE GUY THEY WANT IS RUNNING THINGS… AND ALL THAT IS LEFT IS THE RV AND THE PLAN WORKED JUST RIGHT…

THEY WOULD ACTUALLY HAVE TO BACK UP TO GO THERE AGAIN.. BUT MAYBE THERE IS NOTHING LEFT…

[bgood] Jester it would appear that as long as a crisis is created then the can be continually kicked down the road.

[Jester] bgood WHAT CAN ARE YOU MEANING?

[bgood] Jester. GCR, republic, RV, monetary reform.

[Jester] bgood I DON’T THINK THAT IS AN ACURATE ASSESMENT OF WHAT IS ACTUALLY GOING ON…

THE DIVERSION DOES NOT HAVE SQUAT TO DO WITH ANYTHING IF YOU ASK ME… IT JUST DOES NOT POSSESS A GRAND ENOUGH SCALE TO BE A DROP IN A WATER BUCKET OF THE BIG PICTURE…

THE ONLY REASON IT MATTTERS TO YOU GUYS IS YOU THINK IT HAS SOMETHING TO DO WITH THE RESET AND RV BECAUSE THAT IS WHAT YOU WILL LIKE TO THINK AND THEREFORE IT BECOMES SO…

 [Mudbone] Jester… Confirmation Bias…

[Jester] LETS TAKE THAT A STEP FUTHER… EVERYONE IS WORRIED THAT THE CURRENT CONFLICT IS CAUSING A DELAY….

AND THE ONLY REASON ANYONE IS WORRIED ABOUT IT IS BECUASE THEY ARE IN THIS INVESTMENT… OTHERWISE NO ONE WOULD EVEN BE WATCHING OR CARING OR KNOWING ABOUT IT…

[Jester] NOW I AM GOING TO MAKE MY POINT… SO FOLLOW ALONG…

[Jester] JUST TO PUT THINGS IN PERSPECTIVE… HERE IS A LIST OF ALL ARMED CONFLICTS AROUND…

AND THESE THINGS ARE CAUSEING DEATHS AT A RATE OF AT LEAST 1000 PEEPS PER YEAR AND ARE AND HAVE BEEN ONGOING JUST LIKE IRAQ….

[Jester] 1978 TO PRESENT – War in Afghanistan

[Jester] 2001 TO PRESENT – Islamist insurgency in Nigeria

[Jester] 2004 TO PRESENT – War in North-West Pakistan

[Jester] 2006 TO PRESENT – Mexican Drug War

[Jester] 2011 TO PRESENT Egyptian Crisis

[Jester] 2011 – Syrian Civil War

[Jester] 2011 TO PRESENT – Iraqi insurgency (THE ONLY ONE WE ARE WORRIED ABOUT)

[Jester] 2012 TO PRESENT – Central African Republic conflict

[Jester] 2013 TO PRESENT – South Sudanese Civil War

[ [Jester] 2013 TO PRESENT – South Sudanese Civil War

[Jester] NOW… HAVE I MADE MY POINT? DO YOU SEE WHAT I AM TALKING ABOUT?

[jbmeans] Jester absolutely

[LdyFaith] Jester,,,, loud and clear

[Jester] IF THE ONE THING… THAT ONE THING OF SOME SETBACK IN IRAQ… WOULD BE HOLDING UP A *** THING… WHAT ABOUT ALL THIS OTHER STUFF?

YOU GUYS NEED TO REALLY BE WATCHING ALL THOSE OTHER THINGS TOO IF THAT IS THE CASE…

[Jester] WAKE UP AMERICA! (PAUL HARVEY VOICE) HAHAHAHAAH

[diditrvyeet] Jester Can you at least tell us the date the steak tour starts, lol

[Jester] SORRY GOT A CALL…

 [Jester] diditrvyeet HMMMM…. PROLLY A FEW WEEKS AFTER THE RV… WILL NEED TIME TO SLEEP IN BETWEEN…. HAHAHAH

[spankey] Things look rough in Iraq on the news !

[dinarrocks] spankey But, look who CONTROLS the media?

[Mudbone] Jester Kind of like “The Report from Iron Mountain”

 [Mudbone] Alfonse I just read what was in The Creature from Jeykll Island but I plan to.

[Jester] Mudbone WELL THAT IS A GOOD BOOK… I BELIEVE THEY WERE SAYING THAT A WAR OR THE THREAT OF WAR IS ALL GOVERNMENTS NEED TO STAY IN POWER…

WORKS I SUPPOSE… UNTIL SOMEONE TRIES TO BE A DANG DO-GOODER AND CHANGE THINGS… AHHAHAH

[Mudbone] Jester War, Blood Sports (NFL) American Idol…

[dinarrocks] Jester SO, the fact that Iraqi parliament refuses to let “M” declare martial law is a good thing, right?

bgood] Jester in any good illusion your attention is drawn to the shiney thing. In this case the new crisis in Iraq. Forget the RV. My question is, what are they distracting everyone from?

[chasen] Yes but isn’t the return of the republic tied to the gcr and the Iraqi currency? I thought one won’t happen without the other.

[Jester] chasen THIS WILL NOT BE A POPULAR ANSWER… BUT HERE I GO AGAIN…

[Jester] I HAVE SAID… OVER AND OVER… THE TRN/USN WILL COME PRE RESET RV… NOW THAT IS MY OPINION BASED ON THINGS THAT I KNOW AND HAVE SEEN IN WRTIING AND BEEN TOLD… SO THAT DISPELLS THE QUESTION ALTOGETHER…

[Jester] BUT…

[Jester] THAT IS THE REPUBLIC… CONSIDER THE ASSET BACKED CURRENCY TO BE THE START OF THE RECLAIMING OF THE REPUBLICE….

[Jester] HAVE ALSO SAID… WILL TAKE YEARS TO RECLAIM THE WHOLE THING BECAUSE THIS WILL BE DONE LEGALLY… THERE IS A WAY AND I BELIEVE THEY WILL DO THAT…

[Jester] THERE MAYBE SOME ARRESTS… WE’LL SEE… BUT IT IS ALSO MY OPINION… AND THIS IS NOT POPULAR BECAUSE IT IS NOT WHAT YOU WILL LIKE TO HERE…

THAT THERE WILL BE DEALS AND STEPDOWNS TO AVOID SAME… AND THAT WILL MAKE IT LESS CRAZY…

[Jester] BUT I REALLY DON’T CARE ABOUT THAT AS LONG AS IT ALL GOES THE RIGHT DIRECTION…
.

[Jester] chasen NOW BACK TO YOUR QUESTION… YES… THEY ARE TIED TOGETHER… BUT NOT NECESSARILY THE WAY YOU THINK…

Jester] I COULD GO FURTHER BUT I HAVE SAID IT BEFORE AND THE REASON YOU DO NOT REMEMBER THE ANSWER IS BECAUSE YOU DON’T LIKE TO HEAR THERE IS OTHER THINGS TO WORRY ABOUT… HAHAHAHAH

Examples of CE Tips and Checklists   Part 1

(Dinar Recaps Note: This post is for informational purposes only.  It is not legal, tax or investment advice.  Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

(Everyone’s situation and needs are different- take, copy, print and use what fits your own needs and circumstances)

Example #1:

Goddess of Love: 

Quick Brief Checklist – Get Ready – Be Ready and STAY READY!!!

Be Ready for the Exchange Process Checklist 

New Email Address

Know how much $ you have and how much you have in reserves

Know which bank(s) you wish to use

List of Cashier’s Checks to pay off debts (bank will do these for you)

Make one check out to yourself so you have spending cash- $9500.00 is recommended.

Have your tax attorney, financial consultant, CPA etc. all ready to go

Know where you are putting your money. ie: trusts, regular, non-interest bearing and so on. 

Make sure to put 50% or more aside for taxes.

DO NOT MIX YOUR CURRENCIES.  DINAR MUST BE SEPARATE FOR TAX PURPOSES.

General rule 25% investments, 25% Living expenses and 50% taxes

 Get clear currency certificates or letter from the bank,  if buying a house, car or anything over $9999.99.  This will guarantee no hold up.

Take your time in placing your money in investments and purchases.  Let it sit for 60-90-120 days before moving. It gives you time to adjust and breath that OMG this finally happened. Trust me…. you will need the time!

 Overall, you do not have to make up your mind about how to invest your money until YOU are ready.  DO take time to read the NDA and the CONTRACT. DO discuss your options.  Make the choice that is RIGHT for YOU and YOUR FUTURE!

I wish you all the best of luck and do not forget to pay it forward my friends.

 Love and Light, Goddess of Love

**************

Example #2:

Cautiously Optimistic:   10 (11) things to be ready for the exchange process…

1. You will need to schedule an appointment with your bank to execute your “Currency Exchange”. Dial one of the following 1-800 numbers associated with your bank of choice to schedule your appointment: NOT NEEDED WITH VNN DONG OR OTHER CURRENCIES, ONLY WITH THE IQN

Bank of America – 1-800-###-####
Wells Fargo – 1-800-###-####
Chase – 1-800-###-####
CitiBank – 1-800-###-####

a. You will be asked to provide your name, your email address, and how much Dinar (IQN) you will be exchanging and an appointment at your banks nearest exchange center will be made for you. Additional information will be mailed to you. Make sure you have created a brand new emaill address to handle all your banking through (See “Personal Security” below).

b. Make sure you arrive at your appointment on time as there are an estimated 5 million private holders that will need to perform their exchanges too and the U.S. Treasury expects to have the majority of the exchanges completed within 7 days after the revaluation is announced. When exchanging, refer to your Dinar only as “IQN Iraqi Currency” (i.e. “Hello, my name is (your name) and I am here for my appointment to do my “Currency Exchange” of my “IQN Iraq Currency” for US Dollars, please.”). If you are exchanging Vietnamese Dong, only refer to it as “VNN Vietnamese Currency”. I do not think an appointment is needed to exchange Dong, but the recommendation is that you exchange both currencies at the same appointment.

2. Be prepared to sign a “Non-Disclosure Agreement” or an “NDA” that your currency exchange and the exchange rate you are given will be completely kept private and protected/hidden from public discussion of any kind for a period of up to 10 years. Details will be provided of the NDA and the signing there-of will be handled during your appointment. This is VERY SERIOUS! Failure to adhere to the restrictions of the NDA could result in a forfiture of all funds received, could result in felony charges and up to a 10 year prison sentence. Once you sign, mums the word. All specifics and ramifications will be explained at the time of signature.

3. During your exchange open up two new and separate “Non-interest bearing accounts” (NIB’s). Do NOT put your exchange funds into your existing savings or checking accounts. These funds need to be kept seperate for taxing and accounting purposes. Also, if you are exchanging Vietnamese Dong, that currency exchange deposit should also be kept in its own separate accounts.

a. Split your funds and place 50% of your exchange in each account.

b. One of the accounts is to cover capital gains tax on currency exchanges, which could be as much as 50%. The other as your working account.

4. Immediately open two new NIB’s and sweep your funds into those two new accounts. Close the original accounts. [ YOU CAN ALSO DO THIS AT THE TIME OF YOUR FOLLOW UP APPT.]

a. This will insure that there is no longer external reporting of your accounts/funds as banks do not report internal transfers within the bank itself. Only transfers between separate banks are reported, so this offers you a little bit of anonymity as your original accounts are closed.

5. From your working account you should be able to further diversify your funds into existing:
a. Checking
b. Savings
c. Expense accounts
d. Trusts
e. Money Market accounts
f. CDARS (for FDIC insurance on amounts over $100K-$250K)
g. Business accounts
f. Foundations
g. Hard currency/assets (Gold/Silver)
g. Other monetary instruments

6. If you are exchanging 25,000 dinar or less, a scheduled appointment may not be needed. When calling the 1-800#, the call center representative will most likely give you the location of the nearest exchange center. You may be able to do a “walk in” exchange with no scheduled appointment if you are exchanging less than 25,000 IQN. Follow any instructions provided by the call center representative. NOTE: If you do not have IQN you DO NOT use the 800# and can walk up to a teller to exchange … with a lot of currency you may prefer to make an appointment with a wealth manager for privacy

7. Cash Withdraws at time of exchange are limited to $10,000. Some banks may not be able to handle more than $5,000 cash due to limited cash supply in the vault.

8. DO NOT attempt to wire more than $500K from your account to another bank or financial institution as this will trigger a “FLAG” event that might result in an investigation or the “Freezing” of your accounts.

9. PAY YOUR TAXES!!!! Both Federal and State Taxes if applicable. If you live in a state with income tax, contact your tax preparer to have your state income tax estimated. You will want to pay your estimated state income tax before 12/31 to help reduce your federal tax liability. Higher a CPA or Tax Attorney to assist. Can’t stress this enough.

10. Don’t make any major financial decisions or purchases for 30-90 days min. Give things time to sink in and do some planning before doing anything major.

11. Things to keep in mind:

a. Be calm and collected when exchanging. It is ok to ask questions.

b. Do not try to negotiate a higher exchange rate.

c. Be aware of “Sweep Fees” and “Exchange Spread fees” and how they will impact your exchange. Google them. Some, most or even all of them can (up to fees levied by the U.S. Treasury) be waived by the branch manager depending on how much currency you are exchanging and depositing in the bank.

d. Personal Security is paramount. Create a brand new online identity complete with a shiney new and secure email address (http://www,hushmail.com offers a very good service) and a new tablet or laptop that you will only use for your personal banking needs and activities. Think about a new and seperate cell phone with which you only use for business.

e. Contact a private banker, a wealth manager, and a really good CPA or Tax Attorny. I highly encourage everyone to sign up for Legal Shield (www.legalshield.com/)

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f. Pay it forward. Do something kind to help others or reach out to your community to help with projects or educational initiatives.

Donate to your favorite charity. Tithe to your church. Set up a foundation. Do something positive.

g. ADHERE TO THE NDA!

Controversial Prediction: Iraq An Investment Opportunity

A MUST WATCH VIDEO Post From Stryker’s Blog By Stryker

Controversial Prediction:  IRAQ is an investment opportunity

This whole video is great but here are a few important parts to watch for:

Pay very close attention to the 1:50 minute mark as he confirms that you cannot believe what governments tell us when it comes to financial transparency. It is funny to me how so many people believe that you can trust the CBI’s M0, M1. M2, & M3  numbers but the same people think the stock markets are being run by fraudulent means.
~~~

  I believe we only hear what they want us to hear and what they want us to believe.

Number manipulation goes on to keep ones thinking obscured is my point.

Also at the 7:20 mark the subject goes to Iraq. Despite the obstacles Iraq is still a great investment opportunity. He talks about all the Gold that is in Iraq, something our friend SWFG talked about and explained to us as part of his research.

OK, and the BIG PART of why we are bringing you this video is at mark 10:00 minute mark where he says that the Iraqi Currency is going to REVALUE!!!!!!

I LIKE THIS GUY BECAUSE HE TALKS ABOUT THINKING OUT OF THE BOX LIKE I DO!!!

http://www.strykerblogforum.com/post/a-must-watch-video-controversial-prediction-iraq-is-an-investment-opportunity-6741449