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Sunday, January 4, 2015

ZIMBABWE MAIL:Let’s be optimistic for 2015, 4 JAN

Judging from the events and interventions made by the government in the past twelve months,  the new year seems to be very promising, that is if all stakeholders do not sit on their laurels and sleep on duty. Syllogism, that is deductive reasoning, shows that the economy of this country is going to improve drastically as opposed to what the prophets of doom in the newsrooms are saying.
Of concern is that the country continues to struggle in attracting meaningful foreign direct investment (FDI), hence our enemies, coupled with the prophets of doom who are singing for their supper, are pessimistic about the economic future of the country. Progressive and like-minded patriotic Zimbabweans think otherwise and view the country moving in the right direction forthwith.
But notwithstanding the challenges plaguing the local economy, there is now growing optimism that Zimbabwe is now ready to do business. This is epitomised by the mega deals which were signed by the government and other countries in an endeavour to prop up the economy.
The landmark multi-billion dollar deals signed with Russia and China tellingly indicate that Zimbabwe has now allied with co-operating partners who are willing to underwrite projects intended to cover the country’s infrastructural deficit. Thus, once the deals are rolled out they have the potential to provide the stimulus to the economic acceleration.
We have to take cognisance that projects in water, power and telecommunications are largely regarded as key enablers for economic growth. Moreover, the platinum mining project in Darwendale, which Zimbabwe entered into with Russia, is considered to be the key to the country’s future economic growth prospects. Three miners already operating in the country — Zimplats, Mimosa and Unki — have a combined output of about 430 000 ounces a year.
Most importantly, it is estimated that the new platinum project will create more than 8 000 jobs and a smelter will also be established. This dovetails with the country’s economic blueprint, ZimAsset, which mainly emphasises on value addition and beneficiation.
Already, the country is haemorrhaging significant revenues through exporting ore to South African refiners.  

AGGIEDAD77 TIDBIT, 4 JAN

1-4-15 Aggiedad77In my OPINION......I think this weekend's articles have intended to create a great deal of confusion.......a complete misdirection than what we've been seeing from the Iraqis in the past 3 or 4 months.....

All of a sudden I get a sense of disbelief in what I'm reading.....I haven't had that feeling for quite some time.

Family.....listen up….We have seen a few articles this weekend that have talked about 000's and not being ready for this to happen.

IN MY OPINION.....these articles are meant to confuse....they are the opinion.....for the most part of one individual.

A member of Parliament.....who is this person.....and why have they suddenly appeared.

Keep in mind they are not a part of the CENTRAL BANK OF IRAQ.

Therefore, their opinion....is just that....an opinion.As for the article about the 1166 being in the budget.....I have my reasons for not believing this at this point in time....and they will stay private for the time being.

The "slander" against the CBI, obviously done by Maliki or his backers.....I just shake my head at....

What this shouts to me is that we have to be getting close....closer than they want anyone to know.It's time to dig in....to be strong....then BE STRONGER.

Words are cheap....their actions will speak volumes though....watch for Dr. S.Aloha. Randy  

TNT CHAT UPDATE, 4 JAN

TNT:

Already Blessed : NOTHING HAS CHANGED...EVERYTHING IS STILL AWESOME...JUST WAITING AND WE ARE GOOD AT THAT!!!!

Daz:  CURRENT DISCUSSIONS REPRESENT THAT THERE WILL BE MULTIPLE 800 NUMBERS AND MULTIPLE OPPORTUNITIES INSTEAD OF A SINGLE 800 NUMBER. TNT HAS OFFERED AND FULLY PREPARED TO PROVIDE ALL NUMBERS AND ASSOCIATED INFORMATION AT THE TIME OF FORMAL PUBLIC/INTERNATIONAL RELEASE IF PERMITTED TO DO SO.

OTHERWISE WE WILL KNOW THE RELEASE DATE AND THE 800 NUMBERS WILL LIKELY BE AVAILABLE ON THE RESPECTIVE BANK WEBSITES AT THAT TIME

ITS REASONABLE THAT EACH 800 NUMBER WILL BE MANAGED AND COORDINATED IN A SIMILAR WAY AS IT WOULD HAVE BEEN WHEN THERE WAS A SINGLE NUMBER. AND IF THAT HOLDS TRUE YOU WILL BE DIRECTED TO A ZIP BASED FACILITY AT THE TIME OF THE CALL

NO MATTER WHICH NUMBER YOU USE. SOME BANKS JUST WANT INDEPENDENT CONTROL..NO BIGGY

INFORMATION IS AVAILABLE IF YOU DO YOUR HOMEWORK, EVERY BANK THAT DEALS IN CURRENCY HAS A PAGE AND NUMBER DEDICATED TO EXCHANGES. EVERY BANK THAT OFFERS PRIVATE BANKING AND WEALTH MANAGEMENT HAS A PAGE AND NUMBER FOR THAT TOO

I THINK IN GENERAL TERMS WE ARE WELL EQUIPPED HERE TO CONDUCT OUR EXCHANGES IN A REASONABLE , SAFE AND EFFICIENT MANNER WITHOUT INCIDENCE OR ISSUE EVEN IF PRESENTED WITH OBSTACLES ALONG THE WAY.

Speedy:   Remember Fincen Form 112 section 2 line 33 Currency Exchange !!!

SedonaFred:  We are still in an any time now situation. KEEP DECLARING VICTORY. It's like the monkey said when he got his tail cut off, it won't be long now.

PAUL CRAIG ROBERTS STUNNING 2015 PREDICTION - AT ANY TIME THE WEST CAN COLLAPSE, 4 JAN

Paul Craig Roberts Stunning 2015 Predictions – At Any Time The West Can Collapse

Paul Craig Roberts Stunning 2015 Predictions – At Any Time The West Can Collapse

Today King World News spoke with the man who former President Ronald Reagan called upon to help save the United States when the U.S. was in the midst of the 1980 panic.  Dr. Paul Craig Roberts gives a portion of his fascinating predictions for 2015 below and also issued the ominous warning that the West could collapse at any time.

Eric King:  “Dr. Roberts, what are your predictions for 2015?  What surprises are in front of us next year?”

Dr. Roberts:  “At any time the Western house of cards could collapse.  It (the financial system) is a house of cards.  There are no economic fundamentals that support stock prices — the Dow Jones.  There are no economic fundamentals that support the strong dollar….

"To have a bond market in which the purchasers of bonds have to pay a fee in order to have a negative real interest rate makes no sense.  When you buy a bond you are automatically getting back less than you paid for it.  What sense does that make when the United States' debt is exploding and when the money supply is exploding?  It makes no sense at all.  No American markets make any sense — they’re (all) rigged. 

I think (in 2015) the world will start to see the realignment of power as it drifts away from the West toward Russia, China, India, the BRICs, and the states who ally with them such as South American countries who are tired of American imperialism.  You will see a shift in the balance of power that will be unfavorable to Washington.”

Eric King:  “Dr. Roberts, is 2015 the year that the gold price manipulation will end?”

Dr. Roberts:  “What will end it will be when the West runs out of gold to deliver.  When the Federal Reserve and the bullion banks artificially suppress the price of gold it causes a greater quantity (of physical gold to be) demanded.  So as they push down the gold price, the demand for gold in China, India, and Russia, goes up.  At what point will they (the Western central banks) be unable to make delivery?
What that occurs, that’s when the (price of) gold will break loose.  The day the Asian demand for gold at the artificially fixed low price exceeds the ability of the West to supply the gold, the price rigging system falls apart.  At that point (the price of) gold can move instantly higher.

I don’t know what the ability of the West to continue making deliveries (of gold) is.  I don’t know what aspects of annual production are controlled by the West.  Clearly the price of gold being suppressed suppresses the ability to produce more gold.  The mines can produce more gold the higher the price (is).  The lower the price, the less they can produce because of the cost of production.

When Washington suppresses the price of gold, they drive supply down as the mining companies cut back (production), or else they hoard the ore waiting for a higher price.  Yet the demand for the gold goes up.  So when you have the demand high and the supply restrained, you are basically operating on stocks (of Western gold).  And where are those stocks and how extensive are they?

There has been a lot of speculation that the Fed used up the Fort Knox gold a long time ago.  And more speculation they have used up the other countries gold that was deposited with them for safekeeping, such as Germany’s gold.

They (the Federal Reserve) can’t give Germany its gold back.  Why?  The speculation is they’ve used it up (as part of the gold price rigging scheme).  So if there are no stocks (of gold) to fill the gap between falling production and rising demand because of the low price, then at some point the system simply can’t make delivery.  When that happens is when it (the Western Ponzi scheme) falls apart.” KWN has now released a second written interview with Dr. Roberts. Also, the incredible Dr. Paul Craig Roberts audio interview where he discussed his stunning 2015 predictions, the 'Gold black swan' as well as other black swans Russia may unleash which would cause Western collapse and much more. This is one of Dr. Roberts' most important audio interviews ever and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
King World News - Dr. Paul Craig Roberts - MP3
****UPDATE - KWN readers need to update the bookmarks of the King World News home page to www.kingworldnews.com
© 2014 by King World News®. All Rights Reserved. This material m
ay not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged. 

The audio interviews with Stephen Leeb, Andrew Maguire, John Embry, Gerald Celente, Rick Rule, Bill Fleckenstein, Ben Davies, Greyerz-Turk-Stamm, David Stockman, William Kaye, Eric Sprott, Rick Santelli, John Mauldin and Marc Faber are available now. Other recent KWN interviews include Jim Grant and Felix Zulauf — to listen CLICK HERE.

S3A CHAT MORE UPDATES, 4 JAN

S3A CHAT UPDATE : 

  • The meeting ended in the peoples favor last night nanybooboo


    • What about Netanyahoo???  :)


    • add my thanks to the many already, for this post


    • thanks pt appreciated. :)


    • Man how many "meetings" do these people need? They must serve some really great food.

DINAR IRAQ & DONG VIETNAM UPDATE, 4 JAN

DINAR IRAQ & DONG VIETNAM:once Shabibi is back in his office an had the CBI in compliance with the IMF, he more than likely will move to Article VIII which will allow the dinar to begin to rise based on the new Exchange Regime (some kind of float). That being said, many have said the dinar is undervalued and some sort of correction would occur. The problem is we don’t know what the “correction” is. It could be to .10 cents or $1. No way to tell. In any case, we must wait and see. The important thing is that the GOI must create the environment for the market economy to flourish (laws, security, etc.) Iraq needs to be in a stage of economic recovery for this project to succeed

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THE MOST FACTUAL NEWS DOESN’T COME OUT OF IRAQ TILL AFTER 6PM TO 8PM OUR TIME IN THE EVENING…LETS LET THE REAL NEWS APPEAR. THEY HAVEN’T WORKED SO HARD AND PUSHED FOR THIS DATE TO LET SOMETHING MINOR STOP THEIR PROGRESS AT THIS POINT. …ACCORDING TO WHAT IS ALL PASSED AND IMPLEMENTED TODAY SHOULD SET ANOTHER TIME TABLE TO SEE A RATE GOING FORWARD.


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DR SHABIBI STATED MORE THAN ONCE THAT IRAQ DINAR WILL BE THE HIGHEST VALUED CURRENCY IN THE MIDDLE EAST. I READ EVERYTHING THAT MAN SAID WHILE IN OFFICE AND EVEN BEFORE AND NEVER CAUGHT ONE DISCREPANCY.


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“the central bank alone can not implement this project but need to unite all the banks.” He economist Jamil Antoine said earlier that the deletion of zeros from the currency is a currency revaluation structure…” …CBI HAS UNITED ALL BANKS LAST WEEK AND ALSO — I LOVE SEEING THEM SAY IT IS GOING TO REVALUE — WHOOPOW. DO NOT BELIEVE A PLAN OF THIS SIZE IS NOT ALL PLANNED OUT ALREADY — THE BANKS HAVE BEEN TOLD AND REPORTED TO COMPLY INTERNATIONALLY

DINAR GURUS UPDATE, 4 JAN

1-4-2015   Newshound Guru Millionday    [...if taxes and tariffs are to be imposed, then values have to be given to said product, and a value of currency must be present.]  YES I AGREE...THEY HAVE TO MATCH WHAT THE PRICE IS FOR THE PRODUCT... INTERNATIONAL TRADE HAS A RULE -- CALCULATION OF VALUE --- A REALITY PRICE AS WE KNOW...HOW WOULD IRAQ GO OUT WITH THE RATE AS IT IS?   IT WOULD BE A DISASTER IN MY MIND.  [post 2 of 2]

1-4-2015   Newshound Guru Millionday 
   ...IRAQ`S CONSTITUTION GUARANTEES A MARKET ECONOMY FOR ITS CITIZENS.  [A market economy with a real rate?]   A MARKET ECONOMY IS SUPPLY AND DEMAND -- SO THE DINAR IS A PRODUCT AS WITH ALL COUNTRIES -- THEY NEED A FAIR CALCULATED RATE THEY ARE GOING TO USE THAT IS FAIR TRADE AND ALSO REPRESENTS THEIR REALITY VALUE OF THE DINAR TO TRADE INTERNATIONALLY RECOGNIZED --- WHATEVER THIS MAY BE IT HAS TO BE FAIR ACCORDING TO GLOBAL ECONOMICS.  [post 1 of 2....stay tuned]

1-4-2015   Intel/Newshound Guru Poppy3  ...THE CLOSER WE GET TO PAYDIRT THE MORE CONFLICTING AND MISLEADING NEWS WE WILL HEAR.
 REMAIN STRONG IN FAITH THE END IS VERY NEAR. ALL SOURCES ARE STILL IN AGREEMENT AND MANY STATEMENTS BEING MADE ARE BY PEOPLE WITH ABSOLUTELY ZERO TO DO WITH THE DECISIONS ON THE RATE.

1-4-2015   Newshound Guru sczin11
  FOLKS, I TRULY DO NOT KNOW WHEN WE WILL SEE THE ...RAISING OF THE VALUE OF THE IRAQI DINAR...BUT, IF ANYONE WANTS YOU TO BELIEVE IT IS DELAYED, OR NOT HAPPENING NOW, BECAUSE OF INSTABILITY, ISIS, DAASH, AL QUAIDA, MALIKI, OR ANYTHING ELSE, IMHO, THEY ARE WRONG...I THINK SAUDIA ARABIA AND TURKEY WOULD HOLD OFF ANY PROACTIVE MOVEMENTS TO REGAIN BILATERAL RELATIONS WITH IRAQ, IF THEY WERE CONCERNED.

1-4-2015   Intel Guru Frank26 
  IMO, He [Shabibi]  will pick up where he left off...The completion of his countries currency reform. He lifted the physical 000's now we seek him to do it from The Exchange Rate...So we can exchange ours 000's that the CBI WANTS BACK!!!

JC COLLINS POST: 2015 - A YEAR OF IMPLEMENTATION, 4 JAN

2015 – A Year of Implementation

“The G20 has so far taken significant strides in designing and launching policy frameworks in many areas. In November 2014, as the members of the G20 we have agreed on the Brisbane Action Plan and pledged to undertake about 1000 commitments that, if fully implemented, will add more than USD 2 trillion to the global GDP and generate millions of additional jobs for our citizens by 2018. Likewise, for a number of work streams within the G20 including financial regulation, international tax, and international financial architecture, words have played their part. 2015 will be the time for the deeds and the year of implementation.”
Only 2 days into the new year and we have the official outline of G20 priorities.  They are, as expected, a continuation of alternate framework policies and financial architecture.  One thing that is different right out of the gate is the terminology utilized by the Prime Minister of the Republic of Turkey.  The quote above makes clear the intention of transitioning from “words” to “deeds” and to “implementation”.
It also references the 2018 time frame which we have discussed as the end of this stage, and the beginning of the next stage of multilateral transition. We will review the three stages of transition further down the road but for now it is important to understand that we are moving from Stage One into Stage Two, and the third and final stage will commence in 2018.
I’m working on a series of e-publications titled The Economic Transition Papers, which will be segmented into the three stages and will offer more detailed information on the processes and structure of the multilateral architecture.  Each will be around 50 pages in length and my goal is to produce one a month. The first installment is titled “Reengineering the Dollar”, and should be available sometime next week.
Also from the G20 publication:
“On the demand side, enhancing project preparation, effective project prioritization and developing more efficient Public-Private-Partnership (PPP) models will be our targets. With regard to financial intermediation, Turkish Presidency will attribute great importance to non-traditional sources of lending. Among those we will especially emphasize equity-based financing, with a particular focus on the New Modalities of Asset Based Financing, which is important for infrastructure investment and a good way of diversifying the risks.”
This quote gives us some new terminology to consider.  First, we are given the phrase “non-traditional sources of lending” which leads into “emphasize equity-based financing”.  These can be taken as subjective references to the SDR bonds and liquidity and required restructuring of the IMF quota amounts, as detailed in the IMF Reforms.
The more important terminology here is found in “New Modalities of Asset Based Financing”. This phrase is loaded with potential speculation and unknowns, but is likely a reference to Basel 3 Banking Regulations and transition to the SDR as the international unit of account.
And finally:
“Completing the IMF reform will not only ensure a more even-handed realignment in the ranking of quota shares, but also help the Fund maintain its legitimacy and effectiveness. There will be a continued emphasis on the ratification of the 2010 IMF Quota and Governance Reform in 2015. In case of a failure, we will start discussions on the alternative ways to enhance the governance of the Fund, with a view to preserve the spirit of the 2010 Reform Package.”
This statement gives a very clear indication that the G20 is considering giving the United States Congress a short window to ratify the 2010 reforms or they will move forward on “implementing” the Plan B reforms, which will bypass the US and potentially remove the American veto, with an even larger decrease in quota amounts.
It also makes overtly clear that the G20, which includes China and Russia, intend on moving forward with the International Monetary Fund as opposed to further fragmenting the international monetary system by creating a parallel and competing system.  Reform is the preferred path forward in regards to monetary framework policies.
I would recommend all readers to review the G20 publication as it contains all of the components of the transition which we have been discussing, from an international tax, anti-corruption, energy sustainability, large infrastructure investments, and changes to the international financial architecture.  The points in the document mirror what we reviewed in the post The Engineering of Global Public Goods.
As stated by the G20, 2015 will be the time for deeds and implementation.  Needless to say, there is much more to come.  – JC