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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, October 25, 2014

OMEGAMAN TIDBIT, 26 OCT

OMEGAMAN: we are awaiting santa on monday...

CHEF ROB: It's tomorrow in Iraq!! What time do we expect the ISX to launch here?  1-2AM??  Is it possible to open with the program 1166?? Anyone?

BANDITO ROX: Forex doesn't open until Sunday 5 pm Est and Nasdaq will open at Market time 9 am Monday. 

GOOMBA1: 10/27/2014------End Of All The STORIES...........What Say You ???

                                      LOL

DINAR IRAQ & DONG VIETNAM UPDATE, 26 OCT

DINAR IRAQ & DONG VIETNAM: [Is the HCL done?]

YES THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE TAKING IRAQI BANKING OUT TO THE GLOBE AND ALSO THE HCL WAS REPORTED TO BE DONE — IT WAS IN MULTIPLE REPORTS — HOWEVER THE HCL IS NOW BEING CHANGED FOR ONE PROVINCE AND THEY HAVE STATED THAT IT IS VERY SMALL AND…THAT THEY WERE WORKING ON IT TODAY [FRIDAY]. [SO IT APPEARS THERE IS JUST A SMALL ADJUSTMENT AND EVERYONE WILL BE SATISFIED WITH THE HCL SO IF THE HCL IS AGREED ON AND ALL OF THE GOVERNMENT IS IN PLACE, IT SHOULD MOVE PRETTY QUICK, CORRECT?] IT SURE DOES LOOK VERY ENCOURAGING WE CAN KNOW THAT — FULL GOI AND HCL AND CBI READY IS CERTAINLY NOT BAD NEWS FOR US.

[Don’t they have to have some kind of reality rate to open the HCL to have enough money to pay the people?] 

I WOULD SAY THIS — THE OIL FUNDS TO THE CITIZENS THAT IS PROMISED GOES TO ALL CITIZENS THAT WILL BE DISTRIBUTED FUNDS RIGHT? ON THE SMART CARDS/VISA — THE THING IS THEY ARE NOT ALL IN IRAQ AND THE CARDS SHOULD BE USABLE ANYWHERE THEY ARE SO THEY WOULD NEED A REALITY RATE TO DISTRIBUTE FUNDS LOGICALLY. THE HCL WILL BE FUNDED BY A REALITY RATE — NOT AN IMPOSED RATE.

LAGARDE WELCOMES GCC COUNTRIES ECONOMIC PERFORMANCE, 25 OCT

Lagarde Welcomes GCC Countries Economic Performance

10/25/2014


IMF Managing Director Christine Lagarde Welcomes GCC Countries Strong Economic Performance, Identifies Key Reforms to Sustain Growth

Press Release No. 14/485    October 25, 2014

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Kuwait with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC)1 and the inauguration of the IMF-Middle East Center for Economics and Finance.
~~~
  “I am grateful for the opportunity to meet with the finance ministers and central bank governors of the GCC. At a time of continuing challenges in the global economy, forums such as this are important to provide a platform for policymakers to share views and come together to solve problems in a cooperative way.

“I value our cooperation with the GCC. The IMF-Middle East Center for Economics and Finance, which I inaugurated today with H.E. Minister Al-Saleh, is an outstanding example of how the IMF and the GCC countries can work together to achieve their mutual goals.

With the support of the Kuwaiti government, this Center is well-established as a premier location for economics training for government officials and it has now provided training to more than 3,600 officials from the 22 countries of the Arab League The training being provided through this center will help us build a brighter future together.

“The GCC economies have been amongst the best performing in the world in recent years. The near-term outlook is positive, with growth of about 4½ percent projected in 2014–15.

Particularly, growth in the non-oil sector is expected to remain strong at about 6 percent, driven by large investments in infrastructure and private sector confidence.

“Oil prices have fallen by about 25 percent since the summer, and this will affect fiscal and external balances in the region.

While the substantial fiscal buffers that have been built-up in most countries over the past decade will allow governments to maintain spending plans in the near-term, in almost all GCC countries it increases the urgency for fiscal consolidation in the medium-term.

“There is scope to strengthen policy frameworks in the GCC to support economic management. On the fiscal side, this could involve reforms to the annual budget process and the introduction of a medium-term budget framework.

  Regarding macroprudential policies, the introduction of a formal macroprudential policy framework would clarify responsibilities and coordination among regulators.

“The future success of the GCC economies will be closely tied to ongoing efforts to boost the employment of nationals in the private sector and to increase economic diversification.

Many policies are being implemented to achieve these objectives, and important progress is being made.

Nevertheless, getting the economic incentives right so as to encourage workers to seek employment in the private sector and firms to produce in exported-oriented sectors is a key missing element of policies to date.

“I thank H.E. Anas Khalid Al-Saleh, Minister of Finance for Kuwait, for chairing the GCC meeting and for his generous hospitality. I also thank Dr. Abdul Latif bin Rashid Al-Zayani, the GCC Secretary General.”

1 The GCC is comprised of Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and the United Arab Emirates.

http://www.imf.org/external/np/sec/pr/2014/pr14485.htm

KTFA CHAT UPDATE, 25 OCT

KTFA:

release  :  Tonight is the 26th in Iraq~ its next year

chacha:  HOW LONG IS THE FUSE TO THE FIREWORKS

Frank26:  IMO ......... That sir is going to be determined by the International Markets.

That are salivating to bow to Iraq.

KTFA,  Frank

....
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ehankons :FRANK WAS RIGHT......IRAQ IS NOW SHOWING STABILITY AND STRENGTH AND DEFEATING ISIS/DAASH. I9T'S ALL OVER THE NEWS..

ALTHOUGH THE MEDIA IS WAY BEHIND WITH CURRENT EVENTS...NOW IT IS BEING SHOWN TO THE WORLD..IMO..

NOW IRAQ SHOWS SHE'S MORE THAN STRONG AND SOON... A MATCH AWAY FROM SHOWING HER WEALTH...THE OLE LIGHT BULB JUST FLARED UP IN MY AWARENESS..

**********

Frank26:  When it happens ....... As it happens ....... Few will realize it.

In the still of a few nights ........... Growth.    Not stealth ......... Camouflaged.

KTFA,   Frank


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Shade:  If it is camouflaged, does that mean it will not be international during this time you speak of?

**********

Frank26:    No matter what ....... Tomorrow the ISX will be International.

KTFA,  Frank


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NOVA » October 25th, 2014, If I May Sir,

I Would Say It This Way, No Matter What Happens Tomorrow, For The First Time The ISX Has The Ability To Be International. Nova

FactChecker:  Key words "the ability to be international ".

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Shade » October 25th, 2014, 9:43 pm  Ok let me guess.
They're going to go international but will hide it from us like they did with the goi, and the budget (we think), and they're not going to tell us until they've got the iqd upgraded to at least 2-ply. Right?

**********

NOVA » October 25th, 2014, 10:02 pm

In The Game Of The CBI

The ISX Is Just A Pawn! Is What The ISX Is Doing Quite Telling???? YES!!!! But It's Moves Are Dictated By What? The CBI/Central Banking System!!!!

If The ISX Flips The International Switch It Is Because The CBI Has Done It First!!! Even If We Can Not See It!!

There Will Be No Futures/Options Trading On Some Future Value! It Is Either ON or OFF!!!

Nova

Last Thing, ISX Told Us It Will Resume Trading On The 26th, Did Not Say It Would Flip The Switch On The 26th!
DAME » October 25th, 2014, 9:08 pm

For those following the ISX......just some notes: They want everyone to be in compliance prior to reopening.

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th October 2014).

Note: ISX announced that they will suspend the trading sessions for one week to transfer the data and complete the preparations to switch from Horizon to X-Stream trading system. The last trading session using the Horizon system was on October 16, 2014 (Thursday). ISX will resume the trading session on October 26, 2014 (Sunday).

According to the ISC announcement, CBI decided to ban United Bank of Iraq (BUND) from publishing letters of guarantees until they pay the amounts that was mentioned in CBI announcement published on September 28, 2014 (Ref. # 9/2/14779) related with the requirements that BUND should do for its beneficiaries.

Babylon Hotel (HBAY) made a 25 years deal with Al-Ibaa’ Co. for Tourism and Hospitality Services and with their partner Warwick International Hotels. (Please refer to our Daily published on Thursday (Oct.16) for the details of the deal). HBAY will hold its AGM* on Oct. 18, 2014 to discuss and approve 2013 annual financial results and to cover the accumulated deficit by increasing its capital through 170% rights issue. ISX suspended trading of HBAY starting on Oct. 12, 2014.

Karbala Hotels (HKAR) will hold its AGM* on Oct. 27, 2014 to discuss and approve 2013 annual financial results, covering the accumulated deficit, increasing its capital through 100% rights issue and electing new board members.

Middle East for Prod. Fish (AMEF) will hold its AGM* on Oct. 26, 2014 to discuss and approve 2013 annual financial results. ISX will suspend trading of AMEF starting on Oct. 19, 2014.

Babylon Bank (BBAY) resumed trading on Oct. 16, 2014 after fulfilling ISC’s disclosure requirements.

ISC has decided to suspend the trading of the following companies starting on Oct. 15, 2014 for their failure of disclosing 6M2014 financial results: Babylon Bank (BBAY), Commercial Bank of Iraq (BCOI), Economy Bank for Investment (BEFI), Electronic Industries (IELI), Iraqi for General Transp. (SIGT), Baghdad Motor Cars Servicing (SBMC), Baghdad Passengers Transport (SBPT) and Al-Khair for Financial Inv. (VKHF)

Gulf Insurance & Reinsurance (NGIR) decided to postpone its AGM* for an unknown date due to coincide it with the national holiday of Eid Al- Adhha. ISX suspended trading of NGIR starting Oct. 12, 2014.

National Chemical Industries (INCP) held its AGM* on Oct. 16, 2014 to discuss and approve 2013 annual financial results. ISX suspended trading of INCP starting on Oct. 12, 2014.

S3A CHAT UPDATE, 25 OCT

Stage3Alpha:

Sem > Vinman  I think the codes being activated and delivered by the treasury is the same as loaded.  Correct Vinman?   Codes, I believe, are sent to people with chipped cards that they have to swipe to activate part of the system.  The admiral has one of these cards.

WILDDUCK > Nope codes go to the banks to activate rates on currency screens. Admiral is done. Card swiping Is mythical legend. Unless it is at they players club at Harrah to qualify for the lobster buffet

R.V. / GCR October 25, 2014 at 1:37pm As of right now we are still waiting for the witness of the release of funds to the western hemisphere..............................stay tuned Today should be the day!......Timbers
....
JM0603 > Rumors Zim not in first basket. All smoke?

Ck Collings > AJM0603 JC told me that 4 currencies are in 1st basket! It is smoke!

WILDDUCK > Ck Collings    Correct

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R.V. / GCR October 25, 2014 at 5:20pm Since you want to know what happened I will tell you the truth. The bank- wells fargo did have an issue …not with a button but someone trying to break into a back door.   And since then they have fixed this issue and its on track again....

What seems to be the biggest problem besides you new millionaires is they the bad guys have been told to find the money they stole or they face jail time.

This was the order by the world court Judge and they are running out of time......happy Timber days...

The admiral is still due in before the Forex open. still looking good as far as the rest of the roll out of your new wealth...................Happy Timberdays

OilRat > R.V. / GCR Finally, some common sense! I'm guessing you are referring to "back door" as hacking the system?

Marc > OilRat A 'back door' usually refers to a hidden 'entry point' to a program. It doesn't require difficult hacking, one just needs the procedure to access the program at that 'unusual' address in the program.

T.O.T > R.V. / GCR The question that comes to mind is what will stop them from doing the same thing tomorrow or the next day?

R.V. / GCR > T.O.T There are so many folks watching the systems right now its a 24 hour on guard situation lets just relax and watch the workers finish this thing so we can here RACE YOU TO THE BANK..........................Roar Timber

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Austin-Powers-For-PM > R.V. / GCR Any thoughts on Wethrin saying no RV this weekend?

R.V. / GCR > Austin-Powers-For-PM the country of iraq is still on task to pay their bills on monday as far as what we have heard.

MILLIONDAY & FRANK26 TIDBITS, 25 OCT

10-25-14 Millionday:[They keep talking about deleting the zeros in the New Year, are we to assume that they meant the Muslim New Year?] WE DON'T KNOW FOR A FACT WHEN THE DATE IS...WE ARE TO NEVER ASSUME.[Do the zeros have to drop at the same time as the rv?] THE THREE ZERO CURRENCY WOULD BE USELESS WITH THE IMPOSED RATE OF 1166 CHANGE TO A MORE NATURAL RATE AS THEY CALLED IT ---- HISTORY HAS SHOWN THEY HAVE CARRIED FROM 2$ TO 3$ + --- BUT THEY WILL CALCULATE TO COME UP WITH THE REALITY RATE OF IRAQ AT ITS PRESENT TIME SO NO ONE KNOWS WHAT THAT WILL BE AT THIS TIME UNTIL IT IS RELEASED.


10-25-14 Frank26:
 
You may not understand it but tomorrow the match is struck. Hint...... Buy and Sell. Once INTERNATIONAL at whatever rate .......... What do You think will see?

RV/GCR TIDBIT, 25 OCT

Rv/gcr:Since you want to know what happened I will tell you the truth The bank wells fargo did have an issue not with a button but someone trying to break into a back door and since then they have fixed this issue and its on track again....what seems to be the biggest problem besides you new millionaires is they the bad guys have been told to find the money they stole or they face jailtime. 

this was the order by the world court Judge and they are running out of time......happy Timber days...the admiral is still due in before the Forex open. 

still looking good as far as the rest of the roll out of your new wealth...................Happy Timberdays

DINAR IRAQ & DONG VIETNAM UPDATE, 25 OCT

Dinar Iraq & Dong VietnamAn Instant Straight-Up RV does not work in the case of Iraq. An Instant Straight-Up RV is a tremendous jolt to any economy. No one in authority (IMF, CBI, World Bank) is talking about a “one time change overnight” to, say, $3.50. 

The chaos that would develop inside of Iraq would be tremendous. We know this to be the case because they are still talking about a “banking law” that will adjust debts, down the road, when it gets to 1:1.

Salleh indicated that this must happen on a January 1 in order to avoid chaos. Imagine if they tried that overnight at $3.50? There would be panic in the streets!

DINAR GURUS UPDATE, 25 OCT

10-25-2014   Intel Guru Frank26   [YOU WONT SEE ANY CHANGE ON THE 26th OR NEXT WEEK...MARCH/APRIL OF 2015... POSSIBILITY ...NOTHING ANYTIME SOON...ALL IMO.]  I sincerely believe we are seeing the vital MR [Monitary Reform] steps at their ending.  If we go past 26th...I strongly do not feel it will be prolonged until the end of 2015.

10-25-2014  Newshound Guru Kaperoni
    ...if they want a market economy (which they must do soon) they have to move to Article VIII and new Exchange Regime which allows the dinar to rise as investment comes into Iraq.  It's not something that can be postponed.   Article VIII will come soon despite articles that say currency reform is year or more away..I don't buy it. They were suppose to have "freedom of movement of capital" by end of 2013 according to the articles on the SFA/TIFA agreement and we are 12 months past that timeline. As well, the IMF postponed the 2014 Article IV Consultation in March (Iraq's scheduled time) without explanation and said it would be held later in the year...one can assume it was to give them time to get in compliance and into Article VIII. The 2013 Article IV Consultation mentioned moving to Article VIII I think at least 5 or 6 times throughout the publication. When you take all of that, and put it with the urgency of a market economy (...a senior economist stated - "It's time to activate the productive sectors") to put Iraqi's back to work, lower unemployment, etc. the banking system and currency must open up as soon as the laws are in place.

10-25-2014   Newshound Guru Millionday  
   [Don’t they have to have some kind of reality rate to open the HCL to have enough money to pay the people?]  I WOULD SAY THIS -- THE OIL FUNDS TO THE CITIZENS THAT IS PROMISED GOES TO ALL CITIZENS THAT WILL BE DISTRIBUTED FUNDS RIGHT? ON THE SMART CARDS/VISA -- THE THING IS THEY ARE NOT ALL IN IRAQ AND THE CARDS SHOULD BE USABLE ANYWHERE THEY ARE SO THEY WOULD NEED A 
REALITY RATE TO DISTRIBUTE FUNDS LOGICALLY.  THE HCL WILL BE FUNDED BY A REALITY RATE -- NOT AN IMPOSED RATE.  [post 2 of 2]


10-25-2014   Newshound Guru Millionday
    [Is the HCL done?]  YES THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE TAKING IRAQI BANKING OUT TO THE GLOBE AND ALSO THE HCL WAS REPORTED TO BE DONE -- IT WAS IN MULTIPLE REPORTS --- HOWEVER THE HCL IS NOW BEING CHANGED FOR ONE PROVINCE AND THEY HAVE STATED THAT IT IS VERY SMALL AND...THAT THEY WERE WORKING ON IT TODAY [FRIDAY].  [SO IT APPEARS THERE IS JUST A SMALL ADJUSTMENT AND EVERYONE WILL BE SATISFIED WITH THE HCL SO IF THE HCL IS AGREED ON AND ALL OF THE GOVERNMENT IS IN PLACE, IT SHOULD MOVE PRETTY QUICK, CORRECT?]   IT SURE DOES LOOK VERY ENCOURAGING WE CAN KNOW THAT -- FULL GOI AND HCL AND CBI READY IS CERTAINLY NOT BAD NEWS FOR US.  [post 1 of 2....stay tuned]

10-25-2014   Intel/Newshound Guru Poppy3
   ...GOT A RUMOR FROM IRAQ THAT  THE RATE WILL CHANGE NEXT WEEK SOMETIME? WHO KNOWS...AT LEAST I KNOW THE SOURCE IS IN BAGDAD AND HE WAS TOLD THIS TWICE TODAY THAT INSIDE THE GREEN ZONE BUT DOES NOT KNOW THE ORIGINAL ORIGIN OF THE STATEMENT.   I HOPE IT TO BE TRUE LIKE ALL OF US BUT ONLY TIME WILL REVEAL THE TRUTH.

GATEWAY INTEL, 25 OCT

10-25-14 Gateway: Confirmed: My China contact told me this morning that the roll out should be this coming week. Rates will be good, we should be very happy by this time next week. Plans are set and rolling forward for the people. WE THE PEOPLE are winning!

S3A CHAT UPDATE, 25 OCT

R.V. / GCR October 24, 2014 at 11:12pm OK the codes are released just got confirmation they are pinging the forex now and then we see the admiral go in over the weekend forex opens on Monday and they just said we are back now to MONDAY again for PUBLIC EXCHANGE
Sem October 25, 2014 at 12:33am Those that know my posts know I don't posts often.  I have confirmed through more than 3 sources we are there.  Two sources from direct bank and platform.  Last one from Reno.

Sem October 25, 2014 at 12:40am I got confirmation on the CODES and movement before I logged in so, well done members.

OMEGA MAN
 > Sem  October 25, 2014 at 3:44am jives with three of my sources as well, plus yours...we're in the money bros. 


Gt:Morning Clues......

We're ON THE ROLLERCOASTER RIDE WITH MULTIPLE RATES Playing on an UNEVEN PLAYING FIELD



The World is TEETERING


But It was Caught IN TIME!!!


The United Nations is VOTING TO FIX THE PROBLEMS NOW!!!


The UST Loaded THE FIXES & NOW

Are Finished

The BANKSTERS are SCREAMING & HOLLERING NOW (Because They've Been Caught)


Ranger4654:Latest information seems to say that banks have received codes to activate rates on banks screens, and the 800#'s have been authorized for release. So we should be hearing about the numbers soon I suppose, then we will find the rates at the bank.

MAILMAN17 TIDBIT, 25 OCT

10-25-14 Mailman17: JUST HOW DO YOU PLAN TO IMPLEMENT REMOVING NOTES YOU HAVE ALREADY BEEN REMOVING OFF THE STREETS FOR THE LAST 3 YEARS?

THIS PLAN HAS BEEN IN EFFECT FOR QUITE AWHILE ALREADY.

THEY HAVE ONLY BEEN WORRIED ABOUT DINAR INSIDE IRAQ...NOT OUTSIDE...

MOST LIKELY THEY HAVE IT AT A NUMBER (NOTE WISE) THEY ARE SATISFIED WITH.

AND YES, TO ANYONE WHO HAS BEEN AROUND THIS AWHILE...THINK BACK WHEN SHABS OR THE CBI SAID THAT THE 3 ZEROES WILL COME OFF THE NOMINAL RATE.

HE AND THE CBI ALSO SAID NUMEROUS TIMES THAT HIS PLAN FROM DAY ONE WAS TO HAVE THE DINAR ON PAR...WHICH IS CLOSE PLUS OR MINUS TO A 1-1 VALUE.

NOW IF THEY WANT TO PUT A MANAGED FLOAT ON IT FROM THERE...FINE.

LET IRAQS MARKET TAKE CONTROL OF THE VALUE OVER TIME. AND YES, IT MOST LIKELY WILL HIT THE 3 DOLLAR MARK DOWN THE ROAD.

ANYTHING SHORT OF A DOLLAR DOES NOTHING IN RESPECT TO GIVING THE IRAQI PEOPLE PURCHASING POWER, NOT TO MENTION CONTRACTS ALREADY BEING SIGNED BY NUMEROUS COUNTRIES INCLUDING JAPAN AND FRANCE.

AND IF...THEY MANAGE TO ACTUALLY GET THE ISX RUNNING ON THE 26TH TYING INTO NASDAQ, THEY SURE AS ** AINT GONNA GO IN AT 1166, AND MOST LIKELY A FIXED RATE UNTIL THINGS SETTLE IN IS THEIR BEST OPTION.

THE IRAQI PEOPLE HAVE BEEN USED TO THE VALUE OF THE U.S. DOLLAR TO MAKE PURCHASES IN THEIR COUNTRY AND I SEE NO REASON WHY THE DINAR WILL NOT BE THE SAME.

IT HAS TO. THEY NEED TO HAVE FAITH IN THEIR CURRENCY.

SINCE ABADI WAS NAMED PM...HE HAS DONE MORE TO UNIFY IRAQ THAN MALIKI EVER DID IN 8 YEARS. THEY HAVE WHAT WAS REQUIRED OF THEM...A UNIFIED COUNTRY.

LET THIS UNFOLD ON ITS OWN.
A 40 TRILLION DINAR M2 IS VERY QUESTIONABLE IN MY OPINION AS IRAQ BOOKS HAVE BEEN ALTERED MANY TIMES IN THE PAST.

EVEN IF IT’S CLOSE TO 40 TRILLION (WHICH I DOUBT) AGAIN REMEMBER REMOVAL OF WHATS LEFT ON THE STREETS IS THEIR ONLY CONCERN.

NOT WHAT IS IN OTHER GOVTS HANDS OR OURS FOR THAT MATTER.

OUTSIDE DINAR HAS AND ALWAYS WAS ACCOUNTED FOR AND IS NOT AN ISSUE.

ARTICLES HAVE BEEN CONTRADICTING THEMSELVES LEFT AND RIGHT FOR THE LAST 2 WEEKS IF NOT LONGER REGARDING WHATS ACTUALLY HAPPENING IN IRAQ.

MISINFORMATION WILL BE AT ITS PEAK RIGHT NOW...EXPECT MORE.

AND I AM STILL LOOKING FOR THAT MYSTERIOUS NEW 10,000 DINAR NOTE THAT SOME SAY IS IN CIRCULATION.

HMMM CBI WEBSITE SHOWS NOTHING. FOOD FOR THOUGHT...AS ALWAYS JMHO. 

JCR3758 TWEET UPDATED, 25 OCT

JC@JCR3758 15 min ago

I have confirmations from several sources that the rollout is on track. No hype, free info here. No pumping.

New weet:

Codes and 800#s have been authorized for release and are being given out according to rollout plan. Close now

EXOGEN UPDATE: SATURDAY INTEL, 25 OCT

Vinman:This roller coaster ride of different rates makes for an uneven playing field and is seesawing all over the place.

The UN is angry and the USA got caught.

UN to vote today to fix the problem of all the different rates.

The US Treasury is finished activating codes.

JCR3758 TWEET, 25 OCT

@JCR3758: I received further confirmation from a highly reliable source that I trust that the rollover is underway now.#wearethepeople #KeepingItReal

OMEGAMAN TIDBIT, 25 OCT

Omegaman:one of my sources says codes are released and all is set to go sun./mon. or tues...

MILLIONDAY TIDBIT, 25 OCT

10-25-14 Millionday: [Is the HCL done?] YES THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE TAKING IRAQI BANKING OUT TO THE GLOBE AND ALSO THE HCL WAS REPORTED TO BE DONE -- IT WAS IN MULTIPLE REPORTS --- HOWEVER THE HCL IS NOW BEING CHANGED FOR ONE PROVINCE AND THEY HAVE STATED THAT IT IS VERY SMALL AND...THAT THEY WERE WORKING ON IT TODAY [FRIDAY].

[SO IT APPEARS THERE IS JUST A SMALL ADJUSTMENT AND EVERYONE WILL BE SATISFIED WITH THE HCL SO IF THE HCL IS AGREED ON AND ALL OF THE GOVERNMENT IS IN PLACE, IT SHOULD MOVE PRETTY QUICK, CORRECT?]   IT SURE DOES LOOK VERY ENCOURAGING WE CAN KNOW THAT -- FULL GOI AND HCL AND CBI READY IS CERTAINLY NOT BAD NEWS FOR US.


[Don’t they have to have some kind of reality rate to open the HCL to have enough money to pay the people?]  I WOULD SAY THIS -- THE OIL FUNDS TO THE CITIZENS THAT IS PROMISED GOES TO ALL CITIZENS THAT WILL BE DISTRIBUTED FUNDS RIGHT? ON THE SMART CARDS/VISA -- THE THING IS THEY ARE NOT ALL IN IRAQ AND THE CARDS SHOULD BE USABLE ANYWHERE THEY ARE SO THEY WOULD NEED A REALITY RATE TO DISTRIBUTE FUNDS LOGICALLY.  THE HCL WILL BE FUNDED BY A REALITY RATE -- NOT AN IMPOSED RATE