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DINARESGURUS.BLOGSPOT.COM_________________ _______

Sunday, January 11, 2015

EXOGEN DIRECT INTEL UPDATE, 12 JAN

G T January 12, 2015 at 1:30am

Sunday Night Clues.....

Payday Projection is On or Less Than The 12th with Wide Open Follow Up from the 19th -27th of the month

This time ALL Windows are Open with GREAT Views

Lots of Waterfalls & Praising God (Giving Him ALL The Praise & Glory)

Exogen:HERE IS SOME DIRECT INTEL IN WORDS AND WE NEVER DO THIS ON THIS WEBSITE..................

THIS IS DIRECT FROM THE S3A HANDLERS...............

1 . THERE ARE NO MORE BACK WALL DATES LEFT...................

2. IRAQ IS FINISHED ON THEIR PART

3. GLOBAL COUNTRIES PISSED AT THE USA

4. USA DELAYS AND EXCUSES HAVE RUN OUT OF TIME OFFICIALLY WITH OTHER COUNTRIES

5. WELLS FARGO IS AT HIGHEST ALERT EVER

WE WILL ALL CROSS  THE FINISH LINE TOGETHER...........

POOFNESS REPORT, 12 JAN

ZAP SAYS:

HI ALL,

WE ARE STANDING AT THE BEGINNING OF GETTING IT ALL TURNED ON. THE RELEASES ARE READY WITH SOME IN PROGRESS. THIS WEEK MARKS THE CONTINUANCE OF SOME HIGH LEVEL TRANSFERS, AND THE RELEASE OF FIRST FUNDS FOR THE HISTORIC BOND REDEMPTIONS, THE PROGRAMS, THE F&P, THE PPP, ETC.

YES, I RECEIVED WORD THAT THE F&P AND PPP ARE MOVING FORWARD, AND THAT THE ADMIRAL AND A FEW OTHERS AT THAT LEVEL, ARE ON (REALLY) FULL STANDBY TO ACCOMPLISH THEIR PART OF THE OVERALL PICTURE. WHICH ROOM THEY GO INTO NOW WILL BE DETERMINED BY THEIR SCHEDULES, BUT IT LOOKS LIKE INSTEAD OF THE LIVING ROOM, THEY WILL BE WALKING INTO SOME BANK OFFICE ROOM TO SIGN SOME LITTLE PIECES OF PAPER WITH LARGE NUMBERS ON THEM.

WE ARE UNSURE WHETHER THE FLYING PURPLE ONES WILL BE THERE, BUT CERTAINLY THE ABSENCE OF VEGETABLES WILL BE PREDOMINANT.

IT ALL LOOKS ABSOLUTELY WONDERFUL FOR OUR HUMANITY NOW, SO OUR PREPARATIONS FOR THIS TIME HAVE MADE SENSE. IT WILL NOT BE LONG NOW.

HOWEVER, LIVING FUNDS ARE STILL IN SHORT SUPPLY UNTIL THE TRICKLE COMES DOWN AND IT ALL BEGINS. THE CAT FOOD IN THE CUPBOARD IS ALMOST ON OUR PLATE, AND WE ARE TRYING TO KEEP IT IN THE CUPBOARD INSTEAD OF CHOWING DOWN ON THAT TO SURVIVE. I HAVE ABSOLUTE FAITH THAT WE WILL GET THROUGH SOMEHOW UNTIL THE MAIN FUNDS APPEAR BASED ON THE INFORMATION I HAVE RECEIVED.

SO ALL OF YOU THAT ARE IN THE SAME POSITION, NO MORE DESPAIR. IT IS INDEED ABOUT TO COME TO ALL OF US NOW, AND WE SHALL KNOW RELIEF AND A WHOLE BUNCH OF JOY. THIS IS NOT HOPIUM, AND TRY NOT TO EAT THE CAT’S FOOD.

THERE ARE STILL THOSE THAT TEND TO SAY NO. I DO NOT KNOW WHY, BUT THEY DO. SOMETIMES I PUBLISH THESE PEOPLE AS WELL AS THE ONES THAT UNDERSTAND AND SUPPORT, AND ALTHOUGH I NO LONGER WISH TO ADDRESS THESE GUYS KNOWING WHAT I KNOW, I WILL DO IT ONE FINAL TIME IN HONOR OF THOSE WITH THE INTELLECTUAL AGILITY OF A SMALL SOAPDISH.

Congratulations you are and still 100% wrong with every word you put out there on yh8s world wide web. Before you spew more ahit on the web with your site why dont tou give your source ao some accountability can be in order. Your lack to do so only adds to your lack of credibility.
SHAME ON YOU
GET REAL WITH TRUTH not hearsay
Sent from Yahoo Mail on Android

DEAR GOLDEN Sent from Yahoo Mail on Android. YOUR COMMENTS ARE NOTED. BE AWARE I DO NOT HAVE A ZAP SITE, AND I DO NOT SPEW OUT AHIT. MY SOURCE, THAT I HAVE GIVEN OUT ALREADY, IS THE CHINESE ROYAL FAMILY AND THE CROWNS. THOSE ARE THE GUYS THAT ARE DOING ALL OF THIS (GLOBAL RESET, RV, ETC) AND THESE FOLKS DO NOT LIE. THEY DO DESPAIR ABOUT THE LACK OF CONNECT-THE-DOT ABILITIES OF MANY. MY LACK OF CREDIBILITY MAY BE QUESTIONABLE, BUT THERE IS NO WAY ON THIS EARTH THAT I WOULD COMPROMISE MY SOURCES BY REVEALING THEIR NAMES, ADDRESSES, PASSPORTS, DNA, OR THE NAMES OF THEIR PETS. THAT WOULD BE INVITING PROBLEMS. WOULD YOU HAVE ME INVITE PROBLEMS INTO MY LIFE? SEE: “INTELLECTUAL AGILITY” IN WEBSTER’S DICTIONARY, AND “SOAP DISH” IN THE SAME SECTION WHERE “VEGETABLES” ARE DEFINED IN BLACK’S LAW DICTIONARY FOR FURTHER CLARIFICATION.

THIS IS MY LAST RESPONSE TO THE NEGATIVITY WE ALL EXPERIENCE IN ONE FORM OR ANOTHER FROM BEING CALLED CERTAIN NAMES, TO LOOKING AT A MIDDLE FINGER FOR BELIEVING THERE IS A HIGHER POWER AND A HIGHER PURPOSE FOR THE TIMES WE FIND OURSELVES IN.

WE HAVE ALL SEEN THE KILLINGS OF PEOPLE THAT DARE TO MAKE LIGHT OF SPIRITUAL LEADERS. THE ZERO TOLERANCE IN SUCH PREACHING IS BEST SUITED TO BORDER AND SIMILAR SECURITY METHODS ONE WOULD THINK. BUT THEY DO NOT KILL AT LEAST.

I LOOK ON THE POLITICAL AND RELIGIOUS ASPECTS WE HAVE IN THIS WORLD, AND I JUST SHAKE MY HEAD. VERY SAD. THIS IS NOT WHAT IS MEANT FOR HUMANITY, BUT THE CHOICES WE MAKE HAVE ALL CONTRIBUTED TO THE CURRENT STATE OF AFFAIRS.

MY FOCUS IS ON THE RECONSTRUCTION, YOU ALL KNOW THAT, AND I STAY AWAY FROM CAUSES, AND RELIGIONS, AND POLITICAL AFFAIRS. NOT MY CUP OF TEA. THERE IS TOO MUCH TO DO ON THE PROJECT SIDE TO WALLOW IN SUCH MATTERS, AND I WOULD BE DIMINISHED IN MY EFFECTIVENESS FOR OUR HUMANITY.

ZAP’s GOODBYE TO YOU WILL BE COMING SOON, AND I WOULD SAY BY THE END OF THIS MONTH AS WE BEGIN THE PROJECTS AND THE RELEASES TAKE EFFECT. I WILL NO LONGER BE NEEDED HERE, AND I WILL BE DEVOTING ALL MY TIME FOR THE NEXT SEVERAL DECADES TO THE PROJECT SIDE. DOES ANYBODY HAVE ANY SUGGESTIONS FOR A GOOD SONG TO SAY GOODBYE WITH?

I WILL DO A BIG THANK YOU THEN TO ALL THAT HAVE HELPED OUR HUMANITY TO GET HERE.

THE PROJECT SIDE WILL TAKE OVER, AND IT BEGINS IN A FEW DAYS FOR ME. THE TARGET DATE OF JANUARY 15 FOR FORMAL START IS ALMOST HERE, AND THE FUNDS FOR THE PROJECT START ARE SCHEDULED BEFORE THE END OF THE MONTH. THIS GIVES US SOME LEAD TIME TO START THE PROCESSING OF SUBMISSIONS.

I WILL CONTINUE WITH FORMAL REPLIES TO THE MANY THAT HAVE SUBMITTED, AND GIVE A HEAD’S UP AS TO WHEN THEY CAN EXPECT DISPOSITION OF THEIR SUBMISSION. THE PROJECTS THAT HAVE BEEN SUBMITTED FROM YEARS AGO WILL BE ACTIVATED AND FUNDED OF COURSE TO GET THE OXYGEN BACK IN OUR AIR (BESIDES CLEANING IT), PLUG THE OZONE HOLES (HUGE LOGISTICAL ISSUE), AND CLEAN THE WATERS (FROM RADIATION AS WELL). CURRENT SUBMISSIONS ARE GOING TO MOVE FORWARD AS IT IS CRITICAL TO PUSH ALL PROJECTS TO FUNDING STAGE.

DETAILED INSTRUCTIONS WILL BE GIVEN AS TO THE INTAKE PROCESS WHEN I SAY GOODBYE, IN ADDITION TO COMMUNICATION PATHS, TIMELINES, COUNTRY PRIORITIES AND OTHER RELATED ELEMENTS OF THE PROCESS.

I HAVE FOUND THAT MOST PROJECTS ARE NOT ASKING FOR MILLIONS OF DOLLARS. THEY ARE ASKING FOR 10S OR 100S OF THOUSANDS. THESE REQUESTS ORIGINATE MOSTLY OUTSIDE OF THE USA OR CANADA, AND OFTEN THEY ARE ASKING THAT THE PAYMENTS ARE MADE IN MUCH SMALLER INCREMENTS, DUE TO GOVERNMENTAL CORRUPTION ISSUES.

THE PROJECTS OUTSIDE OF THE NORTH AMERICAN CONTINENT TEND TO FOCUS ON DIFFERENT AREAS: COMMUNITY SELF-RELIANCE, EDUCATION, SUSTAINABLE AGRICULTURE, PREVENTING HUMAN TRAFFICKING, RESCUING CHILDREN FROM PROSTITUTION, GIVING VILLAGERS A BRIGHTER FUTURE AS OPPOSED TO SLAVE LABOR AND DESTITUTION, AND SIMILAR ELEMENTS. MOST ARE CHRISTIAN ORGANIZATIONS AND CHURCHES, WITH A FEW SIMILAR MUSLIM AND JEWISH EFFORTS.

ALL RECOGNIZE THAT THE CORE IDEA IS TO EMPOWER THE LOCAL ORGANIZATIONS, AND EQUALLY IMPORTANTLY, BUILD A RELATIONSHIP WITH THESE ORGANIZATIONS. WE LOOK FORWARD TO INTEGRATING WHAT WE HAVE TO OFFER FOR LOCAL COMMUNITY PROJECTS. WE MAY STRIVE FOR PERFECT SOLUTIONS FOR COMMUNITIES AROUND THE WORLD, HOWEVER LOCAL LEADERS AND ORGANIZATIONS NEED TO WORK WITH US APPLYING WHAT WE OFFER TO THE COMMUNITIES. DIALOGS MUST BE CREATED WHICH EMPOWER BOTH THE LOCAL LEADERS AND COMMUNITIES. BEING AN OUTSIDER, COMING TO THE RESCUE CAN BE LESS THAN PRODUCTIVE.

OUR LONG TERM VISION, IS TO EMPOWER EACH OTHER WITH ALL THE KNOWLEDGE AND TECHNOLOGIES THAT WE WILL GATHER AND PERFECT. THIS WILL BE A VAST NETWORK OF HUNDREDS AND PERHAPS THOUSANDS OF GRASSROOTS ORGANIZATIONS. THIS WILL BE EXPONENTIALLY POWERFUL AS WE ALSO MERGE OUR EFFORTS OF WORKING WITH GOVERNMENTS, WHICH IS SOMETHING THAT TIME WILL WEAVE TOGETHER WITH OUR WISDOM AND SENSITIVITY. NOW WE CAN CONTINUE MERGING LOCAL ORGANIZATIONS WITH OUR SISTER ORGANIZATION EFFORTS CREATING A GLOBAL AND LOCAL KNOWLEDGE AND WISDOM BASE IN PARTNERSHIPS TO EMPOWER THE BEST SOLUTIONS FOR COMMUNITIES AROUND THE WORLD.

I ENCOURAGE SEED PROJECTS THAT CAN SPREAD TO OTHER COMMUNITIES IN THEIR REGIONS, SO IN ESSENCE, WE CAN SPREAD GLOBALLY. HOW FABULOUS THAT WE GET TO GROW AND BRING WHAT WE HAVE TOGETHER.

THIS FOUNDATION OF DEPLOYMENT AND PHILOSOPHY UNDERLIES THE LOGISTICS OF WHAT WE NEED TO BE AWARE OF IN SUCH FUNDAMENTAL ELEMENTS AS WE MOVE FORWARD.

THE FLOODGATES ARE OPENING SO THE WORKLOADS WILL INCREASE SIGNIFICANTLY FOR ME. SNUFFLES AND THE REST OF THE PURPLE PIGS HAVE BEEN SEEN SETTING UP SOME SORT OF TEMPORARY HOSPITAL BED WITH IV BOTTLES AND LINES WITH A HEART MONITOR AND OTHER STUFF. WONDER WHAT THEY ARE THINKING. SNUFFLES HAS THIS GRIN PLASTERED ON HIS SNOUT.

ONE THING FOR SURE, I WILL RECLAIM MY SATURDAY AND SUNDAY AS DAY’S OFF I HOPE, AND DEVOTE TO FAMILY AND FRIENDS.

I HOPE I HAVE ASSISTED YOU ON YOUR JOURNEY OF PATIENTLY STAYING A CHALLENGING COURSE, TRUSTING IN THE GOODNESS OF LIFE AND ALWAYS LIVING YOUR LIFE FULLY WITH YOUR DREAMS HELD CLOSE WITH BOTH ARMS AND BOTH FEET. NEVER DOUBT OUR COMBINED DREAMS HAVE AND WILL CONTINUE TO CREATE A HEALTHIER, MORE COMPASSIONATE WORLD AWAKE (NO MORE AMNESIA), RESPECTFUL AND RESPONSIBLE.

SINCE POOF STARTED ON HIS TREK, WE HAVE WALKED THIS ROAD TOGETHER. MY REQUIREMENT OF SHIFTING GEARS HERE SHORTLY IS A DIRECT RESULT OF THE CULMINATION OF GLOBAL EFFORTS AS WELL AS THOSE OF LEADING INDIVIDUALS. FOR THOSE OF US STILL ON THIS ROAD, WE HAVE LIT FIRES IN OUR SOULS, HEARTS AND MINDS WITH THE MIGHTIEST FORCE OF THE OF DIVINE CREATIVE INTELLIGENCE (OR GOD IF YOU LIKE). WE ARE TOGETHER PRECISELY AS ONE GLORIOUS BLESSING FOR OUR FAMILY, FRIENDS AND THIS WONDERFUL BLUE PLANET WE LIVE ON. REMEMBER THAT WE OF GOD’S “HUMANITY OF MANY FLAVORS, QUIRKS AND WOWS” CAN BLESS DURING EACH MOMENT THROUGH LITTLE DEEDS, WORDS AND SMILES, JUST AS MUCH AS WE CAN BLESS DURING OUR “BIG” CAREER AND PROJECT WORKS. THIS IS OUR FLYING PURPLE PIG HUG MOMENT. WE ARE SO LOVED DOING THIS WORK FOR AND WITH EACH OTHER.

IN RESPECT OF ONE GREAT WARRIOR AND TRUTH SEEKER, JOHN MACHAFFIE, I EXTEND MY HEART TO HIM AND HIS FAMILY. JOHN DIED SATURDAY FROM COMPLICATIONS IN SURGERY AND WEAK HEART. MAY HE WATCH OVER US FROM UPSTAIRS, AND MAY HIS FAMILY BE PROUD OF HIS GREAT WORK. HE WAS AN EXCEPTIONAL HUMAN BEING, FILLED WITH THE LIGHT OF LOVE. HIS WORK CONTINUES.

GOD BLESS EACH AND EVERY ONE OF YOU. IMAGINE MAGNILOQUENTLY. CREATE WELL, AND THEN WATCH AS GRACE FILLS IN THE REST WITH GUSTO AND SQUADRONS OF PURPLE ONES.

IN SOLEMN GRATITUDE.

ZAP

“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
January 11, 2015

DINAR IRAQ & DONG VIETNAM UPDATE :Report: Iraq is the fifth Arab and 37 of the world gold reserves, 11 JAN

Dinar Iraq & Dong Vietnam:Report: Iraq is the fifth Arab and 37 of the world gold reserves

Announced the World Gold Council, Sunday, that Iraq was ranked 37 globally and fifth Arabs of gold reserves, while the United States ranked first in the world and the first Saudi Arab. 

The council said in a report seen by, “Alsumaria News”, ” IMF International publication of his report during the current 2015 that Iraq was ranked 37 globally out of 100 countries were included in the report of the gold reserves, “noting that” Iraq’s gold reserves amounted to 89.8 tons. ”

World Council added that “Iraq ranked fifth Arab ranks after Saudi Arabia, Lebanon, Algeria and Libya,” he said, adding that “the value of gold amounted to 4.9% of Ahitattiyat Iraq of hard currency.” 

The Council noted that “the United States, which has more than 8133 tons occupied ranked first for gold reserves, followed by Germany in second place, while Albania ranked last of possessing one tonne and 600 kilograms. ” 

Decided the central bank in January 23, 2014 SEC variety of alloys of pure gold ranging weights between (50 g and 1000 g) to sell to dealers in gold and investors and segments of society wishing to do so in Iraqi dinars, and bought the central bank in March for the purchase of 36 tons of gold bullion pure, indicating that the bullion purchased considered to be of purity is very high and in accordance with international standards. 

The CBI founded under the law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.

MILLIONDAY SUNDAY EVENING, 11 JAN

07:04 PM Jan 11, 2015
Millionday: WELCOME EVERYONE

Millionday: House Speaker Salim al-Jubouri, said at a news conference on Sunday that on Monday will be the end of the second reading of the budget law .itba

GrannieAnnie: Will they vote on it after that?

Millionday: THE REPORT WE HAD STATED AT THE SAME DAY
Millionday: THAT IS TO BE SEEN
--------------------------

Millionday: Ministry of Agriculture confirmed adopted scientific methods in the fight against desertification and the development of natural vegetation in cooperation with the Ministry of Science and Technology, in order to achieve the goal of economic feasibility. 
A source in the ministry that it continues to pursue scientific methods in the fight against desertification and publishing plants in remote areas.

Millionday: NOTE -- DIVERSIFICATION IS REQUIRED FOR WTO AND ALSO FOR WORLD MARKET -- THERE WILL BE NO SUCCESS WITH ISX WITHOUT A MORE DIVERSIFIED MARKET

Millionday: He pointed to the establishment of meaningful projects to combat desertification and get Alanoaúah data for that area within the investment project to build a map of the wind in Iraq, adding that it will provide cumulative information system for a period of one year from the speed and direction of the prevailing winds in the region, temperature, barometric pressure and rates of solar radiation and rainfall, relative humidity, and will take advantage of this information in the development of plans for the expansion of vegetation development and the fight against desertification.

Millionday: OBVIOUSLY THIS IS THE STUDY AND PROCESS TO HELP TO ENSURE A PRODUCTIVE AGRICULTURAL SECTOR

Millionday: VERY GOOD BECAUSE OF THEIR DESIRE TO TAKE A HUGE % OF THEIR GDP AND GROW IN THAT DIRECTION WITH DIVERSIFICATION

dabmac: When will ISX open? any news on that?

Millionday: IT OPENED TODAY IN COUNTRY -- WE WANT IT TO GO GLOBAL -- SO IT IS BACK ON LINE AND NOW WE ARE WAITING FOR THE ECONOMIC MOVE TO GO GLOBAL WITH THEIR STOCK MARKET
----------------------------

johnsoos: i thought isx was going global when it open a must ??
johnsoos: how is it trading not global?

Millionday: IT STILL SAYS THIS ON THE TOP OF ISX >>>We are sorry, Price feed is not currently updated during session due to feed issue.

Millionday: END OF REPORT -- JUST WANTED TO ADD INK ROBIN
---------------------------------------
Millionday: Hussein al-Tamimi Tgb in light of the need for a voltage developed to contribute to the implementation of strategic projects, public sector companies are continuing the implementation of the projects referred to it in accordance with the quality specifications Alaalmih.mder General of the General Authority for buildings Hussein Majeed said, "There are projects at a cost of more than a trillion dinars in the buildings and the services sector carried out in the last year. He pointed out that all the projects adopted international quality specifications, depending on the competencies of the body of engineers and technicians.

Millionday: NOTE -- NOTICE THAT THE ADOPTED PROJECTS ADOPTED INTERNATIONAL QUALITY SPECIFICATIONS -- DEPENDING AS WE SEE AS THE EXPERTS AND THEIR QUALIFICATIONS

Millionday: He said in a statement the "morning" that last year saw the implementation of 146 projects within the investment projects budget plans, either supervising projects totaled Number of investment plan undertaken by the RTA projects (70) project, while the number of projects that the body overseeing the implementation of 76 projects, despite inter challenges faced by the implementation phases over the last year or .mjma birds residential integrated Muthanna province of the most important projects Authority (according to the glorious ) He has a 42-apartment building by 504 residential units (apartments) and built on a plot of land of 64 dunums area at a cost of 93 billion and 660 million dinars

Millionday: NOTE -- WE SAW MANY REPORTS THAT TOLD US ABOUT THE HOUSING STRUCTURES LAST YEAR ETC -- AS WE KNOW THEY WERE SUCCESSFUL AND WE ARE VERY GLAD

Millionday: pointed out that the Commission continues to oversee the project city Basmajh housing, which is the project of largest and the largest projects of strategic and residential carried out in Iraq and the Middle East, stressing that there are a number of projects are completed by the body, including the completion of the project workshops productivity in Ameria cost of more than $ 2 billion, and the accomplishment of a census of Kufa building at a cost of over two billion and 100 million dinars, as well as the project totals building health upper threshold in the holy Najaf, at a cost of more than $ 7 billion.

Millionday: SO AS WE SEE -- THEY HAVE BEEN WORKING HARD TO REPLACE HOUSING BUT AT A COST AND HOW THAT IS BEING PAID FOR IS WHAT WE WOULD LIKE TO KNOW -- IT IS MOSTLY LISTED AS US DOLLARS AND SOME DINARS -- HOWEVER ARE SOME CONTRACTS ON-GOING OR ARE THEY UNDER AGREEMENT? WE WILL HAVE TO WATCH AND LINE UP WHAT IS THE ANSWER -- BUT AS OUR PRAYERS AND HOPES -- MANY REBUILDS FOR THOSE IN NEED --

DeeSP: Did they get their loans from WB & IMF?

Millionday: I HAVE SOME NEWS ON THAT COMING BUT NOTHING IN THIS REPORT ABOUT IT
--------------------------------

johnsoos: it looks like this week they will be put all this place from the ink correct or they need more time

Millionday: WE DONT HAVE A DATE

johnsoos: they need to have all these things checks in place is seem correct

Millionday: PART OF THE MOVE TO THE GLOBAL MARKET IS TO ENSURE A REALITY EXCHANGE RATE FOR ALL INVESTORS AND THAT STEP WILL TAKE PLACE

Millionday: NOTE -- WHICH BRINGS ME TO THIS ANNOUNCEMENT

Millionday: ABADI TO OPEN ALL DOORS FOR TRADE IN IRAQ

Millionday: Called Mr. Prime Minister, Dr. Haider Abadi House of Representatives for not returning the budget to the government and to work according to his constitutional powers reduction and transfers and cooperation with the government in this regard.
According to the site the prime minister has Abadi stressed the need to assign the farmers and peasants and not to reduce T_khasasathm, also called for open investment wide door, and said: We will not accept any obstruction to invest and we will consider disabling investment crime of terrorism crimes because it disrupts the economy of the country.

Millionday: NOTE -- HE HAS DECLARED ANY STEP IN COUNTRY DISABLING INVESTMENT WILL BE CALLED TERRORISM CRIMES DUE TO THE IMPACT ON THE NEED FOR THE EXPANSION OF THE IRAQI ECONOMY

Millionday: He stressed that the corruption scourge which is not only theft of public money, but dereliction of duty and waste of public money and the lack of citizen service and lack of attention to the time calculated for the job all this corruption, and with regard to the general budget, he said that the budget is very important for the country and for the citizens of a strengthened citizen means a fair distribution of wealth and must be directed properly and to the benefit of the public, stressing that the responsibility and duty we make it necessary to defend the weak and do not have the money and prestige and abandoned betrayal.

Millionday: AS WE SEE -- ABADI SEES THE LACK OF BUDGET LAW AS CURRUPTION TOWARD THE COUNTRY OF IRAQ -- THIS IS A HUGE STATEMENT -- AS WE STARTED WITH TOMORROW BEING THE LAST DAY OF THE BUDGET MEETING
-------------------------------------

Millionday: stressed the President Fuad Masum, Deputy Prime Minister Bahaa al-Araji, the need to speed up the passage of the budget, stressing the importance of providing better services for displaced people and to create a suitable ground to secure their return in areas recently liberated. 
Statements Riasaan received "morning" copies of them, benefited, that infallible "received at the Peace Palace in Baghdad yesterday morning, Deputy Prime Minister Bahaa al-Araji, to discuss the overall political and security issues in the country, particularly the ongoing over the center of military operations", stressing the need for concerted all efforts to eliminate Daash as well as ways to intensify efforts to implement the program, which was formed under which the government.

Millionday: NOTE -- OBVIOUSLY THE BUDGET IS BEING PLACED ON THE TOP OF THE MOST IMPORTANT TO BE DONE

Millionday: The statement between, he "was emphasized on the need to speed up the passage of the budget because of its importance in the completion of development projects and promote the process of reconstruction and provide better services to citizens," pointing to "the need to provide better services for displaced people and prepare the ground appropriate to secure their return in areas recently liberated. " 
In addition, the President met with the Minister of Environment Qutaiba al-Jubouri, to highlight the importance of the work of the ministry in order to create a clean environment in all respects, after what has happened from serious damage because of the successive wars and by the dictatorial regime's policies , as well as harsh weather conditions that are exposed on an ongoing basis and the expansion of desertification caused by Iraq.

Millionday: NOTE -- THE BUDGET IS NEEDED TO REPAIR ALL THAT IS BROKEN -- AT LEAST OBJECTS -ROADS AND PHYSICAL THINGS --

Millionday: President of the Republic called to "find appropriate solutions for the restoration of the Iraqi environment recover and get rid of the pollution that affect them through coordination with the concerned ministries and the region in particular and organizations factors Global concerned in this area, and take advantage of national and foreign experience in this regard. " For his part, al-Jubouri feet, according to the statement, a detailed explanation of the ministry programs and future plans to preserve the environment.

Millionday: SO THE PRESIDENT IS ALSO STATING IMPORTANCE IN THE ENVIRONMENT AS WELL -- AS HE SHOULD -- THEY HAVE HAD SO MUCH DUST AND DEBRIS
--------------------------------

Millionday: The Ministry of Planning announced the 2015 budget included a special item for the establishment of a special fund for the reconstruction of areas affected by the terrorists Daash gangs, part of the World Bank expressed its readiness to support the fund.
According to a ministry statement received by all of Iraq [where], a copy of it today, "The Planning Minister Salman Jumaili Search with the Special Representative of the Mission of the World Bank in Iraq Robert presence during his meeting with him in the ministry's headquarters in fact funded by the World Bank projects in the framework of the national strategy to mitigate Poverty in Iraq. "

Millionday: NOTE -- THE WORLD BANK HAS AGREED TO HELP

Millionday: "We also discussed the possibility of the Bank to provide appropriate loans to help the Iraqi government to rebuild cities damaged by the terrorist attacks, as well as the construction of mobile hospitals to provide medical services to the displaced families and destroyed by terrorism."
Minister Jumaili said during the meeting that "the economic situation in Iraq is facing difficulties due to the drop in oil prices in the global market requires finding suitable to compensate for the problem of low prices resources", adding that "the important problem that Noajajha today is displaced who have left their cities because of the terrorist attacks as damaged those cities around large and become a bilateral problem. "

Millionday: NOTE -- IN OTHER WORDS -- THEY HAVE A MESS ON THEIR HANDS
Millionday: NOTE -- SO THEY NEED TO REBUILD TO BRING BACK THEIR COMMUNITY

Millionday: "The Tlob from the government to do the reconstruction of these cities, particularly in the residential side, where entire neighborhoods exposed to destruction, as well as the need to provide the appropriate requirements of life for the displaced who were deployed in all the provinces of Iraq."
He called Jumaili the World Bank to "the need to contribute to the rebuilding of cities and help the displaced by providing for the construction of residential complexes fast alternative to revive the destructive loans along with building mobile hospitals to provide appropriate medical services for the displaced process wherever they are."

Millionday: He announced the "Include the state budget for the year 2015 a special item for the establishment of a special fund for the reconstruction of the affected areas with a capital of [500] billion dinars," calling on the World Bank to "support the fund through appropriate structural prepare him and to provide grants and loans to help to do the job that came for

Millionday: NOTE -- WOW THEY MUST HAVE PLANS TO MAKE THAT AMOUNT STREEEEEETCCCCHHHH

Millionday: The statement said the World Bank expressed its readiness to assist Iraq in the preparation of structural reconstruction fund Almdharrh cities and contribute hard in the search for sources of financing trends Iraqi government in the reconstruction process and building mobile hospitals, "noting that" the possibility that the Iraqi private sector plays an important role in this area,

Millionday: NOTE -- THE PRIVATE SECTOR WILL BE DONG THE WORK IT LOOKS LIKE SO UNEMPLOYMENT WILL BE MUCH LOWER WITH SO MUCH TO DO

Millionday: He expressed his presence on the World Bank ready to help Iraq in a lot of areas that will push the pace of development forward.

MGM Millionday: So if they streeeeeeecccccchhhhhtttch it they dont need our dinar?

Millionday: I DONT KNOW HOW TO ANSWER THAT -- IT MAKES NO SENSE -- WE HAVE CURRENCY
Millionday: THAT WAS ABOUT THE 5OO BILLION BY WORLD BANK -- JUST THE LIGHTES TOOK IN THE 6 FIGURES
-------------------------------

Millionday: THIS WENT ON TODAY I WILL FIND MORE ON IT

Millionday: BaghdadCommittee announced its oil and energy parliamentary Saturday, they will host the oil minister Adel Abdul Mahdi tomorrow to discuss the oil agreement between the governments of the center and the Kurdistan region.
Said committee member Jamal Muhammadawi in an interview for "Alsumaria News", "The Commission on oil and energy parliamentary hold a meeting, on Sunday, and will host Oil Minister Adel Abdul-Mahdi to discuss production and oil prices and exports and imports of Iraq 's oil. "

Millionday: Muhammadawi He added that "the Committee's meeting with the oil minister will also discuss the oil agreement between the governments of the center and the region."
He was a member of the Commission on oil and energy parliamentary Ibrahim Bahr al-Ulum called, (January 3, 2015), to form a committee to monitor the oil agreement between Baghdad and Erbil to ensure durability, while praised the speech, Finance Minister Hoshyar Zebari in this regard.

Millionday: NOTE -- SO OBVIOUSLY THEY HAVE BEEN WORKING ON THIS AGREEMENT AND HAVE MET CONCERNING THE NEWS THAT THEY HAVE HAD A MEETING OF THE MINDS

Millionday: The Council of Ministers decided, in (2 December 2014), the approval of the oil agreement between the federal government and the Kurdistan Regional Government, which provides for delivery of the Kurdistan region of at least 250 thousand barrels of oil a day to the federal government for the purpose of export, after reaching the Kurdish delegation headed by Nechirvan Barzani, the Iraqi government with an agreement on the region's share in the budget and export of oil, which will be the region's share in the budget by 17%.

Millionday: SO AS WE SEE -- THAT WAS THE AGREEMENT -- NICE

Millionday: SO WHAT WE HAVE IS ECONOMIC MEETING TOMORROW AND ALSO THE MOVE TO DIVERSIFY THE OPENING OF ISX IN COUNTRY AND ITS READINESS AND ALSO THE OPEN DOOR POLICY OF IRAQ FOR INVESTMENT -- SO HEADED IN THE RIGHT DIRECTION FOR IRAQ -- NICE

Millionday: WE SHALL SEE WHAT COMES FROM THIS TOMORROW

Millionday: LOOKS LIKE THEY HAVE A SET DEADLINE AND A LOT OF PRESSURE TO DO SO

STEVE POST FROM TNT BY CRESSEY30 :Further update from across the pond, 11 JAN

Hi everyone,

Great info coming from the CCs over the past week & an even greater one on Friday.

I was very interested in the part of Friday's call when Tony & DC were making a comment about a contact of their acquaintance over here in the UK. They said that he had exchanged his currency in to GBP & eventually they mentioned that the rate he got was £2.27, which is approximately the amount I had anticipated with the various rates in USD being bandied about. I am waiting with bated breath to see when the amount goes live, as I have always kept track of our banks on the shop floor.

I went in to a couple of my banks on Saturday morning, 11.45 GMT, & they still have Iraq & Vietnam currency on the forbidden list; not non-showing, just that they are showing but still as zero & if you want some you have to purely obtain them in-country. As soon as the rates appear as amounts that can be exchanged at normal bank level here in the UK, I shall let you know.

Hope you all have had a great Xmas & New Year & are looking forward to a very prosperous one.

See you guys in LV, if we have a get together arranged.

Steve

RV/GCR UPDATE, 11 JAN

R.V. / GCR January 11, 2015 at 3:06pm
This is looking like our week thursday is global settlements unless usa wants to mess that up too

R.V. / GCR January 11, 2015 at 2:57pm
Next, the rv/gcr....take the money and change the world...............Timber

S3A CHAT UPDATE, 11 JAN

S3A:
EXOGEN January 11, 2015

Many in IQD land even have a misconception about how to give money away to help people. From a business PERSPECTIVE you do not give your money away to help people.

You give away the INTEREST earned on your MONEY to help people.

The first business priority is PRESERVATION of Principle.

G T > EXOGEN Let Your Money MAKE MONEY & Live off the Interest

That's how the Wealthy Live (they don't Spend the Principle)
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Pole R. Bear January 11, 2015 at  Obama Skips Anti-Terror Rally in Paris. More than 50 world leaders cleared their schedule to attend.   
http://nation.foxnews.com/2015/01/11/obama-skips-paris-anti-terror-rally

R.V. / GCR January 11, 2015 Total psyop, wait til the worldleaders know the extremist are all cabal...Unity March: Over 40 world leaders rally in Paris…:

https://www.youtube.com/watch?v=1HphcFqYrZM&feature=youtu.be

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LVegas Are we still watching for Iraq Stock exchange to go live today around 2 or 2:30 PST?

R.V. / GCR > LVegas 1-10-2015 tman23 The "renovations" are not at the ISX but rather "bank payment systems"...So those who invest in the ISX will be transferring money, exchanges etc...and how this is done or calculated is the "change"...it is the signal for "international" about to take place.

LVegas > R.V. / GCR Ok, So it still is important that it goes live then. They have to be ready to then start immediately doing transfers of money and exchanges.

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R.V. / GCR January 11, 2015 at 3:06pm This is looking like our week... thursday is global settlements unless usa wants to mess that up t

TNT CHAT WITH ALREADY BLESSED, 11 JAN

Already Blessed wrote 1/11/15 1:59 pm est -

 DC LOVES IT THAT THERE IS SO MUCH CRAZY STUFF BEING PUT OUT....SHOWS HOW CLOSE WE REALLY ARE!  GUYS - WE ARE NOT DISCUSSING HOLLOW EARTH HERE....PLEASE TAKE THAT STUFF ELSEWHERE.  YOU GUYS HAVE HEARD TONY AND DC TALK ABOUT THESE GROUPS....IF ADMIRALS GROUP....GENERALS GROUP WERE GOING TO GO THRU BEFORE YOU .... THEY WOULD HAVE DONE SO ALREADY....  

ANY OF YOU THAT ARE WILLING TO DIVULGE YOUR INFORMATION TO PEOPLE YOU DON'T KNOW ARE DOING SO AT YOUR OWN PERIL....PLEASE PLEASE USE YOUR HEADS. 

 SHAMAN - NO INSIGHTS...JUST WAITING...WE KNOW THAT THEY DON'T KEEP THE SAME TIME THAT WE DO....NO BAD NEWS....JUST LOTS OF CRAZY CWAP OUT THERE. 

HOPEINWYO - IT IS ONE OF THE MOST IMPORTANT THINGS WE ALL HAVE TO LEARN BEFORE BEFORE BEFORE OUR BLESSING....LOTS OF CHARMING SCOUNDRELS OUT THERE WITH ULTERIOR MOTIVES....WE HAVE TO BE
BE CAREFUL...WE HAVE SEEN TOO MANY EXAMPLES OF THAT ALREADY. 

JSSMI - THERE ARE MANY CURRENCIES IN THE MIDDLE EAST THAT ARE CALLED DINAR....WE HAVE MADE THAT PARTICULAR MISTAKE A FEW TIMES... 

AGGIEDAD77, CHATTELS & TLM724 TIDBITS, 11 JAN

1-11-15 Aggiedad77: This has to be the first time since at least 2006 that "security and stability" of an Iraqi government can seriously have any meaning at all...when the leadership can actually put coherent thought processes together that create unity...one can easily see how security and stability would tend to follow...they have....IMO...pushed the can down the road in a proactive manner...since Sept 8, 2014...look for the steam to pick up I believe in this first quarter of 2015...a strong GOI...and Parliament...something I would have not thought possible from Iraq just a year ago. 

1-11-15 Chattels: Article Quote: "The President of the House of Representatives, Salim al competent parliamentary committees to hold meetings with stakeholders to discuss the budget for fiscal 2015 to be next Monday, the last day to complete the discussion of the budget to allow the Finance Committee for study and preparation of the final wording before the vote..."

I continue to believe that the discussion and amendment to the budget will result in a final revision and vote four days after the final reading...such may be as early as Monday which makes a vote possible on next weekend, the 17 / 18th. 

1-11-15 aggiedad77: Shabs is teed up first in the news for today.....would that serve as encouragement.....more evidence that the second reading of the budget is nearing completion...should be done on Monday...

then prep work for a vote....patience....patience....I know Frank has said the budget is done...and yes I believe him....but I'm also a meat and potatoes kind of guy....can't eat them until they are squarely in front of you...when they are ready they will put the platter on the table...

until then....we nibble on the appetizers of intel......meanwhile....Maliki's son will be in front of the judiciary soon....the first in a long list of Maliki's I believe to have to stand and answer for their actions. 

1-11-15 tlm724: Kurdistan has the lion's share in the budget of 2015. "After a review of the federal budget tables for 2015, it became clear that the Kurdistan region will get returns of 550 thousand barrels agreed with Baghdad (including the disputed Kirkuk fields).” That is article 140 it's all coming together. 

FUZE POST FROM TNT :Help!!!HOW CAN THE ZIM BE REVALUED RIGHT NOW?, 11 JAN

TNT I've researched the archives here and read what was available. But my knowledge of Zimbabwe and the Zim is wanting, to say the least. I can't make the political case for a Zim revaluation at this time like I can the Iraqi Dinar, Dong and even Rupiah. Could you guys please help me with this one. Here is what I think I know good and bad.

We all know about Zimbabwe's turbulent history! However, since the formation of the Unity Government in 2009, the Zimbabwean economy has been on the rebound. GDP grew by more than 5% in the year 2009 and 2011. In November 2010, the IMF described the Zimbabwean economy as "completing its second year of buoyant economic growth".Zimplats, the nation's largest platinum company, has proceeded with US$500 million in expansions, and is also continuing a separate US$2 billion project, despite threats by Mugabe to nationalise the company. The pan-African investment bank IMARA released a favourable report in February 2011 on investment prospects in Zimbabwe, citing an improved revenue base and higher tax receipts. The Marange Diamond fields are some of the largest in the world, and now this Indian companies cutting and polishing technology will put there diamond production in hyper drive . KNOW ONE DOUBTS THE COUNTRIES ENOURMOUS WEALTH.

 It's political situation with the 2009 power sharing agreement and the 2013 constitution referendum to reduce Presidential authority is all moving in the right direction, but the political situation in Zimbabwe is no where near as positive as Iraq's situation is right now. There Maliki, Mr. Mugabe is still in power!! 

Furthermore, the Zim is still indefinitely suspended as the nations currency, to my knowledge. The US led economic sanctions of 2001 are still in place, as well as other international organizations sanctions to my knowledge are still in effect, unlike IRAQ.

Here is my question again, how will even some of the ZIM be revalued right NOW? Please Help!  

Thanks

FUZE confused?

Grateful2:If you want to see any evidence, just keep watching China, a see how deep their pockets go. You are all looking in the wrong direction, Zimbabwe's help, like Vietnam, is coming from China. ZIMBABWE has as of last year signed agreements China and Russia for its pladium, and platinum for smog control properties for their auto industry. 

None of has the entire puzzle of the GCR, so as DC, has recently stated, that the best buy of all of the 4 currencies is the Zimbabwe, or the Zim.

By now if DC, does not know what he is taking about, then we need not take his recommendations.

I have covered all options, and bought some of all of the 4 currencies. 

Have a blessed day!

Respectfully, 

Grateful2

Benm:Look at it this way. If the Zim doesn't revalue when the dinar and dong do,, some of us can band together and buy Zimbabwe, and then revalue it when we see fit.

Beachcindy: Did you read the recently posted article about diamonds in Zimbabwe and the new machines being imported to transform them expertly and quickly? That's just one example of the many natural resources occurring in the country.

JCR3758 TEEETS, 11 JAN

@JCR3758: Good Afternoon everyone! We are anxiously waiting to hear confirmations from Iraq. When we do get verified Intel it will be posted here.

@JCR3758: Let's stick to the proven facts & not hype, opinions or made up stories. Lets not entertain (unlike other sites) but keep it real. No bs.

DINAR GURUS UPDATE, 11 JAN

1-11-2015   Newshound Guru Aggiedad77   This has to be the first time since at least 2006 that "security and stability" of an Iraqi government can seriously have any meaning at all...when the leadership can actually put coherent thought processes together that create unity...one can easily see how security and stability would tend to follow...they have....IMO...pushed the can down the road in a proactive manner...since Sept 8, 2014...look for the steam to pick up I believe in this first quarter of 2015...a strong GOI...and Parliament...something I would have not thought possible from Iraq just a year ago.

1-11-2015   Newshound Guru Chattels   Article Quote:  "The President of the House of Representatives, Salim al competent parliamentary committees to hold meetings with stakeholders to discuss the budget for fiscal 2015 to be next Monday, the last day to complete the discussion of the budget to allow the Finance Committee for study and preparation of the final wording before the vote..."  i continue to believe that the discussion and amendment to the budget will result in a final revision and vote four days after the final reading...such may be as early as MOnday which makes a vote possible on next weekend, the 17 / 18th.

1-11-2015   Newshound Guru Millionday   Article quote:   "the opening of the Saudi embassy in Baghdad soon to be "in a sign of the return of the two countries after the formation of the new Iraqi government." AFTER 25 YEARS THEY ARE REOPENING THEIR EMBASSY.   Quote:   "The Ministry is responsible for the organization of exhibitions in Baghdad and the provinces and the arrival of British companies; for the establishment of specialized exhibitions to display and sell products"  [this is such a big announcement... its not like some small minor country wants to trade with Iraq...this represents the UK!]  HUGE NEWS -- COUNTRIES ARE READY TO DEAL WITH IRAQ -- WHOLE COUNTRIES -- NOT JUST ONE AND NOT JUST TWO -- THEY HAD STATED MONTHS AGO THAT THE GLOBE IS RELYING ON IRAQ AND THE RETURN OF MARKET.  THE BUDGET IS NOT DONE AND THE LAST DAY IT CAN BE IS MONDAY.

1-11-2015   Newshound Guru Enorrste    [I think I heard you say ...that as soon a the float begins, you will run out and buy more dinar. Do you think that enough people doing that could further increase the value of the dinar -- even before the passage of banking and investment laws leading to the passage of Article VIII (and of course improvements in security)?]  the short answer is:  YES.

1-11-2015   Newshound Guru Tlar   The CBI won't publish that number but in Jan of 2012 Saleh let a little of the cat out of the bag.  He stated early in 2012 that there were only 4 trillion "circulating" which indicates that the rest is "NOT CIRCULATING".  That was in the first part of 2012 and we know from the auction numbers that since then CIRCULATING DINARS have been reduced. So what can we gather from this?  We might assume that today we have less than 5 trillion dinar "CIRCULATING" and that the rest lie in investor hands such as you and I, and with central banks around the world and that this currency is not "CIRCULATING" and is not to be considered in what Iraq's reserves must cover.  This would affect what Iraq's currency is valued at exponentially IMO.  [post 2 of 2]

1-11-2015   Newshound Guru Tlar    The CBI has only to cover "CIRCULATING CURRENCY" period. The currency you hold and I hold and people like us around the world is "NON CIRCULATING CURRENCY".  Why?  Because it is not accepted anywhere and you don't live in Iraq.  The dinar sitting in vaults around the world in central banks is "NOT CIRCULATING" either.  According to the IMF it too is not considered in this equation.  What is considered by the IMF is "CIRCULATING CURRENCY" and that is the currency being used in Iraq whether in a bank account or otherwise...So out of the 35 to 40 trillion dinars let out by the CBI, how much is CIRCULATING still? 

AL POST FROM TNT:How to inspect and verify your IQN before you get to the bank, 11 JAN

AL:Once you have made an investment in Iraqi Dinars, how do you verify its authenticity? Here is a simple guide to check the authenticity of a 25,000 Iraqi dinar note before you get to the Bank.

you can purchase an inexpensive black light from Home Depot or Lowes etc. which will help you in your identification but even without the light following these steps will help.
doing your own per-inspection will help safe guard your position.
do not leave the bank without a receipt that the funds are in your account or will be by days end.

Steps

Look for the horse head watermark. Hold the Iraqi dinar up to a bright light source and the image of a horse head should clearly appear.
Ad

Look at the bottom left hand corner at different angles. The eight sided symbol should change color from purple to green
In a dimly lit area, hold a UV lamp over the Iraqi dinar. You should clearly see a UV box with writing inside on the back side of the dinar.

Stare at the top left hand corner of the back of the dinar, you should see an image of a dove printed in metallic ink.
Look for a metallic security thread embedded into the stock of the Iraqi dinar paper.


Check that each dinar note has a unique serial number: every dinar is uniquely numbered in East-Arabic script. See image.
Run the note between your fingers and you will be able to feel the raised lettering across the bill.
Look at the front of the note and the color changes should occur in the center of the bill and be very distinct.

MILLIONDAY & DELTA TIDBITS, 11 JAN

1-11-15 Millionday: Article quote: "The opening of the Saudi embassy in Baghdad soon to be "in a sign of the return of the two countries after the formation of the new Iraqi government." AFTER 25 YEARS THEY ARE REOPENING THEIR EMBASSY. Quote: "The Ministry is responsible for the organization of exhibitions in Baghdad and the provinces and the arrival of British companies; for the establishment of specialized exhibitions to display and sell products"

[This is such a big announcement... it’s not like some small minor country wants to trade with Iraq...this represents the UK!] HUGE NEWS -- COUNTRIES ARE READY TO DEAL WITH IRAQ -- WHOLE COUNTRIES -- NOT JUST ONE AND NOT JUST TWO -- THEY HAD STATED MONTHS AGO THAT THE GLOBE IS RELYING ON IRAQ AND THE RETURN OF MARKET. THE BUDGET IS NOT DONE AND THE LAST DAY IT CAN BE IS MONDAY. 

1-11-15 DELTA: AGAIN TODAY ON IRAQIA TV THE FINANCIAL COMMITTEE OF THE PARLIAMENT SAID THAT THEY HAVE TO ACTIVATE THE ECONOMIC REFORM IMMEDIATELEY

IKO WARD TIDBIT, 11 JAN

Iko Ward :  Sorry, had to step away. My take is that we are waiting until tomorrow morning at 2AM EST. That is when ISX should open. It is also when the biggest rate changes happen on Forex. Tokyo is shutting down and Europe is opening.

ALLA AFRICA NEWS :Zimbabwe: Chinamasa Statement On Zimbabwe Dollar (NEWS RECAP), 11 JAN

OPINION

Introduction

Unfounded reports and speculation on the re-introduction of the local currency continue to undermine the government's effort to restore confidence and macroeconomic stability. Re-introducing the local currency under the current conditions is counter-productive. The current policy focus is on restoring economic confidence which is vital to a sustainable recovery.

Thus, the Government will continue with policies that create a favourable environment for industry to prosper while at the same time promoting the economic well-being of Zimbabweans. It is therefore the purpose of this note to reiterate that the multi-currency system is here to stay.

Why adopting the multi-currency system?

The major reasons for adopting a multi-currency system are inflationary pressures, unsustainable current account position, fiscal imbalances, depressed real sector activities and growth of parallel market activities.

The local currency would fail to perform its basic functions as a medium of exchange and store of value under such conditions. Economic agents would shun the domestic currency and demand relatively more stable foreign currency. The forgoing analysis resonates the Zimbabwean situation before the adoption of the multi-currency system in January 2009.

Benefits of the multi-currency system

The benefits of a multi-currency environment include the following:
Relative economic stability - leading to a recovery from a cumulative real Gross Domestic Product (GDP) decline of 50 percent over the period 2000-2008 to a cumulative growth of 33,2 percent between 2009 and 2014.This has also seen a relative improvement in capacity utilisation from below 10 percent in 2008 to 39,6 percent in 2013.

However, industry continues to carry excess capacity due to scarcity of long-term fairly priced credit, antiquated plant and machinery, unreliable supplies of energy, water and influx of imports.
Inflation declined from 230 million percent in 2008 to negative 0,9 percent in March 2014 as businesses continue to realign their pricing models. Economic agents are slowly moving towards realistic margins.

Transaction costs that characterised the pre-dollarisation era are being eliminated. This affords economic players an opportunity to focus their strategies and resources on productive activities instead of exploiting arbitrage opportunities.

The multi-currency system also eliminated the high levels of arbitrage opportunities on the exchange rate which stood at a weighted average rate of 350 quadrillion to the US$ in early 2009 and the uncertainty that characterised the hyperinflationary period that made it difficult for government, industry and households to plan.

Challenges of the multi-currency system

We are also cognisant of the challenges associated with a multi-currency system such as the constrained role of the central bank in implementing monetary policy that should have been complementing the fiscal initiatives in promoting economic activities.
Liquidity challenges, and the high cost of borrowing which is largely influenced by highly perceived country risk, nature of deposits that are largely short-term demand deposits and information asymmetric problems in the banking industry.

It is noteworthy that some of these challenges are self-inflicted.
High levels of unethical business practices, insatiable appetite for consumptive borrowings, non-performing loans, abuse of capital account regulations and huge cash balances circulating outside the formal banking system contributed to the challenges.
We are also aware of the underperforming real sector that has seen a decline in exports and influx of imports.

Is Zimbabwe ready for the re-introduction of the local currency?
Zimbabwe is not yet ready for the re-introduction of the local currency. The pre-conditions for the return to the local currency include the following:

Sustainable economic growth
Sustainable current account position
Industry competitiveness
Building sufficient international reserves, without which the local currency will be under immense pressure, and
Restoration of confidence in the banking system and economy.
Given the current state of the economy where real sector activities remain depressed, industry remains uncompetitive and the balance of payments situation remains acute, it is ill-advised to re-introduce the Zimbabwe dollar.

The future of the multi-currency system.
Government is committed to ensuring policy consistency and predictability in order to restore confidence and stimulate economic activity. It is in this spirit that Government would want to reiterate that the multi-currency is here to stay.

In the 2014 National Budget Statement, Government remarked that "... the multi-currency is here to stay ... " (p.98). The Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset) also reiterates that "the use of the multi-currency will continue" (p.4).
An improvement in the country's economic situation will help address the challenges associated with the multi-currency system.

It is my view that the benefits of the multi-currency system more than outweigh the costs, and also the pre-conditions for re-introducing the Zimbabwe dollar are not favourable and have not been met.

Patrick Chinamasa is the Minister of Finance and Economic Development.

I4U CHAT WITH GENERALS64 , 11 JAN

4U:

[generals64] Folks: This Really is REALLY......General64.....Roscoe and I have a minor problem in Dinarland....There is a person (Anne something or other) sending and email around trying to get your email addresses:....She is NOT a part of Generals64 group and has absolutely NO AUTHORITY to ask for names....

 [generals64] OUr list of names is 100% secure and unattainable by anyone other than the leadership of our group.....I have stayed quiet and LOW just because I made a Promise to all of you to keep this group clean and reputable....ROSCOE thinks he is Grounded right now and is really upset. He didn't do it,

 [hoot2602] generals64 Thank you...we have been told from day one that we should expect confusion and outright dishonesy as we approach the RV time. I suppose/hope this is part of it and that we are getting close.

 [hoot2602] generals64 Better keep Roscoe away from your computer.

 [generals64] So, please don't get mad at ROSCOE.....He is whining in the corner....He still doesn't realize my wife won't let him chew tobacco in the house, he leases spit cups everywhere....lol.....

 [generals64] Last word here. I have always been a grumpy (in a loving way) you guys are important to me....and your names have been locked up tight....We are close is all I can say other than Love and thanks...I am GENERALS64 and I do own a big white dog named ROSCOE.

 [generals64] Just now called....Seems this person is connected with another group and they CANNOT and WILL NOT represent YOU or Me, Roscoe or the Group. We have put up road blocks....BUT please (For your sake) do not answer or send your name or email......

 [jtwest] generals64 what brand of tobacco does your big white dog chew ?????? lol

 [generals64] Brown Mule......last night he chewed possum ridge.....

 [generals64] he has 23 kills to his name in the Possum world...Seems to be a wanted poster out for him....LOL

 [generals64] keep this posted and I'll try to get back after Church...Generals64...Thanks for trusting us....Still want that toaster though...

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SENT IN WITH PERMISSION BY DEBTARHEELGIRL

URGENT NOTICE:  FRAUD ATTEMPT


On behalf of and permissions from The Leader of the Bank Private Group, there is an Imposter seeking folks to Register for the Generals64 Group List. 

 IMPOSTER: Anne Dehart of Hollow Earth Network - seeking names/emails from USA, Canada, Australia and New Zealand Dinarians with counterfeit information.  This person is not representation of the Generals64 Group.

The Bank Private Group Leader states the collection of emails by any more groups to be added has BEEN CLOSED for a while now. This attempt by the above entity is complete Fraud with NO permissions to collect names/emails on behalf of the Generals64 Group..
Please post, email, and send this URGENT NOTICE out to all via email to prevent issues of any kind.

THANK YOU