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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, January 17, 2015

TONY SAYS BY ALREADY BLESSED & AGGIEDAD77, 17 JAN

1-17-15  10 pm est : TONY SAYS ..

AFTER ALL OF THE DISASTERS THAT OCCURRED ON FRIDAY AROUND THE WORLD...

HE IS CURIOUS TO SEE WHAT HAPPENS WHAT HAPPENS IF THIS HASN'T OCCURRED BY THE TIME THE MARKET OPENS ON SUNDAY.

TnT Tony

Aggiedad77: Timing...indeed timing....globe-trotting by PM Abadi at a time when the budget is due for a vote....Wednesday the 21st.....hmmmm....what could he be telling us....confidence in what is to come......or that the budget is a done deal...a no brainer.

I for one....not in any kind of minute believe that Abadi would be leaving home if he felt any concern with the budget....he has more integrity than that.

I still believe a vote will happen on Wednesday....barring any other postponement of said vote.....interesting trail that is being created here for sure....worthy of watching what transpires.

And don't forget the meeting tomorrow between Abadi and the CBI governor.....what can they possibly be talking about on the eve of Abadi heading into London then to Davos.....my interest level is at an all-time high. Aloha Randy  

SADIEJANE POST FROM TNT"YOUR THOUGHTS ON BASKET #2?, 17 JAN

SADIEJANE: I am interested in hearing what you think the currencies will be in basket #2.

What are your thoughts ?


TEWKSMAN: I agree that basket 1 is the one that makes you money. Basket 2 will most likely have the ZIM, which has not been holding up and maybe lower, plus other currency with a lower return then IQN and VNN. 


PAPERBAG: BRICS!! 


GRIZZLIES: M.I.N.T. And N11 currencies as well as the B.R.I.C.S. Some of these are very strong, stable currencies. Others may be in a future basket. Hopefully the 2nd basket won't be as "dramatic" as the 1st one was/is. 


DONDEAL: Correct

China, India, Russia, Brazil, Turkey, Mexico, Indonesia, Poland, United Arab Emirates, Thailand

BUFFYDINAR: Since this site will go down as soon as the RV happens I think it is appropriate to discuss this now.We probably wont get another chance.Tony wont discuss it because the PTB wont let him . I dont see why we cant speculate what the 2nd basket might contain. I think some of the emerging African nations would be a good place to look . Lots of mineral wealth. Look at the countries that are trying to become democratic and allow more freedom to their people.

WINNERIAM: Keep your eyes on these.....if oil was valuable then rare earth minerals are really valuable. Best bet of these Mongolian Tugrik. JMO.

Angolan kwanza
Botswana pula
Central African CFA franc
Lesotho loti
Mongolian tögrög
Namibian dollar
Ugandan shilling
Uzbekistani som
Bahraini dinar
Cambodian riel
Kuwaiti dinar
Lao kip
Libyan dinar 

DINAR IRAQ & DONG VIETNAM UPDATE, 17 JAN

DINAR IRAQ & DONG VIETNAM: I WAS THINKING ABOUT TO LOOK AT WHAT HAPPENED WITH THE SWISS FRANC IN A NOT SO OBVIOUS WAY.
IS IT POSSIBLE THAT WHAT WAS DONE WAS TO USE THE FRANC AS AN ARCH TYPE OF THE DINAR TO GAUGE MARKET REACTIONS TO SEE HOW IT WOULD REACT TO THAT TYPE OF A SHOCK BUT TO ALSO WATCH THE 2ND, 3RD,4TH 5TH TERTIARY REACTIONS SO THAT WHEN THE DINAR VALUE CHANGES THE GLOBAL FINANCIAL SYSTEM IS BETTER PREPARED?
HERE IS MY REASONING—- FIRST I FIND IT REALLY STRANGE THAT THE IMF WOULD NOT HAVE KNOWN THIS WAS GOING TO HAPPEN ( ESPECIALLY IF YOU SAW CL AFTER HER SPEECH THE OTHER DAY SHE WAS GRINNING LIKE A CHESHIRE CAT) SENSE EVERYTHING SO FAR HAS BEEN SO WELL ORCHESTRATED, IMO IT WAS A TEST!
NOT A SET BACK OR SURPRISE TO THE IMF. IF THERE WERE PROBLEMS WITH THE FRANC IT WOULD CAUSE PROBLEMS (and did) BUT THE PROBLEMS WERE NOT CATASTROPHIC BUT SURELY VERY TELLING TO HOW THE MARKET REACTIONS WERE TO THE SHOCK AND THE IMF GOT A GOOD LOOK AT SOME THINGS THAT MIGHT NOT HAVE BEEN PLANNED THAT NEEDED RESOURCES ALLOCATED TO PREVENT FURTHER DAMAGE.
DELTA MADE AN INTERESTING COMMENT ON ONE OF THE CC’S LAST IN REFERENCE TO WHAT HE BELIEVED THAT THE DINAR WOULD NEED TO BE IN VALUE WITH THE CURRENT IRAQI MARKET PLACE.
IF MY MEMORY SERVES ME HE SAID NORTH OF 1.40 USD VALUE QUITE A DEPARTURE FROM EARLIER THOUGHT PATTERNS OF .10 -.30 USD.
THE REASON I BRING THIS UP IS WHAT HAPPENED WITH THE SWISS FRANC IT STARTED IN THE RANGE OF 1.22USD AND JUMPED 30% —- IF YOU DO THE MATH THAT BROUGHT IT ‘S VALUE TO 1.58 USD VALUE—– YEP IT MADE ME SCRATCH MY HEAD!!!!
THE WORD PARITY COMES TO MIND FOR THE FRANC/DINAR ESPECIALLY WHAT WE SAW WITH THE DOLLARS RISE TO.93 PLUS YESTERDAY AND THE EURO DROPPING TO .85–PARITY AGAIN! SOFTENING THE MARKET SHOCK FOR LATER AND POSITIONING RESOURCES TO CURB DAMAGE TO MANY ECONOMIES!!!!
(TOUCHE BAKERS DOZEN &CL) YES SOME HICCUPS WITH THE FRANC THAT NEEDED TO BE FIXED AND THAT IS THE WHOLE POINT!
THESE HICCUPS WERE NOT TOTALLY DEVASTATING BUT IF THESE TYPE OF THINGS HAD HAPPENED WHEN THE DINAR REVALUES IT COULD HAVE BEEN CATASTROPHIC TO THE MARKET BECAUSE I BELIEVE THE DINAR IS THE LYNCH PIN CURRENCY FOR THE GCR AND COULD HAVE CAUSED A DOMINO EFFECT OF MARKETS CRASHING FROM OVER LOAD. OK AM I A CLOWN ON THIS OR LIKE THE ROBINSON FAMILY –LOST IN SPACE?

************************
EVERYTHING IN IRAQ WILL BE AFFECTED BY THIS RATE CHANGE INCLUDING THE CASH, WHICH MEANS AS THE VALUE OF THE CASH INCREASES 1166 TIMES EVERYTHING else (whether in Iraq or not in Iraq) WILL BE DECREASED 1166 TIMES.
The CBI has given us a heads up on the change in the currency value when they suggested to banks to take their time when addressing the population as they come into the bank to change out the big notes left in circulation.
The CBI told the banks to set up checking and savings accounts and give them walk around money. This tells us that the currency should have significantly higher value.

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

What we are waiting on is a much bigger and different event then what the Swiss franc just went thru and with that, things must be just right for it to take place…but the franc has nothing to do with the dinar or it’s timing…if we are going to see the revaluation of the Iraqi dinar this month, the rate will be disclosed after the budget is implemented. But remember; security, stability both economically and politically must be just right before the Central Bank of Iraq will pull the trigger and if so it can take place.

SCZIN11 & MILLIONDAY TIDBITS, 17 JAN

1-17-15 szcin11: I HAVE BEEN COMMENTING IN RECENT WEEKS ABOUT THE VESTED INTEREST, THE WORLD HAS IN IRAQ, AND WHY ALL THE ESTRANGED COUNTRIES ARE RACING IN NOW, LIKE GREYHOUNDS CHASING THE RABBIT! YOU WANT TO KNOW WHY? LOOK!  US NEWSPAPER, IRAQ WILL BECOME THE BIGGEST OIL POWER IN THE WORLD! Article quote "Told The Washington Times reported that an increase in oil production in Iraq may determine the future of global oil prices in the coming years... it also indicated a Washington Times that Iraq is close to the number one position as the largest oil exporter in the world." 

1-17-15 Millionday: IRAQ HAS A DELEGATION COMING TO WASHINGTON ON THE 18TH ACCORDING TO NEWS REPORTS AND ALSO SWITZERLAND HAS MADE SOME CHANGES WITH THEIR CURRENCY REPORTING THAT SOME CHANGES ARE EXPECTED IN CURRENCY NEXT WEEK... [Is the Swiss have in any bearing on this?]  THEY HAVE ALWAYS BEEN KNOWN AS A WELL KNOWN INTERNATIONAL BANKING COUNTRY FOR INVESTORS -- THE STATEMENT THEY RELEASED WAS THAT SOMETHING BIG IS HAPPENING WITH CURRENCY NEXT WEEK AND DID NOT GO INTO ANY FURTHER. 

FRANK26 , AGGIEDAD77, MILLIONDAY & BACKDOC UPDATES, 17 JAN

1-17-15 Frank26If the FRANC JUST did this then what currency in your opinion do you believe will be THE NEXT ONE to do the same? This is a START of many M R 's. (Monetary Reforms). IMO, Many things ... Stages ... Mechanisms ... Banks ... etc. in many countries are primed and set for some economic and currency changes. Iraq's economy is failing and how did DR S [Shabibi] say was THEIR SOLUTION to this disaster? By CHANGING their MONETARY POLICY. 

1-17-15 
Aggiedad77: TOMORROW WILL SEE AN "INTERNAL CONTROL CONFERENCE" SPONSORED BY PM ABADI...BUT MORE IMPORTANTLY IN MY MIND...THE CBI GOVERNOR WILL BE IN ATTENDANCE AT THIS MEETING. NEVER HAVE HEARD OF SUCH A MEETING...THIS COULD PROVE TO BE MOST INTERESTING.


1-17-15 Millionday: THE REVALUE OR CHANGE IN PURCHASING POWER /REDENOMINATION/AND INTERNATIONAL RATE CHANGES WILL BE ON THE MARKET/BANK/CBI/MONEY EXCHANGE BUSINESSES/ AND EVEN YOUR SMART PHONE WHEN THIS CHANGES AND THEY ARE INTERNATIONALLY RECOGNIZED AND THEIR CURRENCY IS PUT ON THE CURRENCY MARKET FOR SALE (AS IN FOREX ETC).

1-17-15 Backdoc: WE ARE NOT ONLY WATCHING- THE DOLLAR REGAIN AN INTERNATIONAL STATUS OF DOMINANCE BUT POSSIBLY DOING SO IN PREPARATION TO MAINTAIN CONTROL OF THE IMF. JUST A POSSIBILITY. THE DINAR TAKING A SPOT ON THE INTERNATIONAL STAGE WILL AFFECT THE WHOLE STAGE!!! Lol.

OMEGA MAN INTEL, 17 JAN

OMEGA MAN January 17, 2015 at 1:51pm Latest Intel. Look for the admiral to go in very shortly. Bonds to start pay out next week or sooner. We are in the final window

SoCal Cutie > OMEGA MAN January 17, 2015 at 2:09pm same info I got, rock on my man

OMEGA MAN > All systems go

Ron Burgundy > OMEGA MAN Hearing similar info  :)

R.V. / GCR > We agree....

BANDITO. ROX TIDBIT FROM S3A, 17 JAN

BANDITO. ROX:Most of you guys really think there will be some time of announcement??? Really.. What did I say about 3 month back when I started to use NINJA, There will be no Announcements/News/Articles or smoke signal.. Have you not learned that lesson from Thursday and what the Swiss did?
Did the Swiss make an announcement? NO!
Was there any News/Articles/Intel/Warnings? NO!
They just went BOOOOOOOOMMMMMMMMMMM!!! In everyone's face.. Not even IMF knew what hit them..
That's your lesson of the Day!!! No one will know when this is going to happen.. No DATE and No RATE until it goes BOOOOOOMMMMMMMMM!!! in your face...
Got it, Get it, Good!!!
Stay Focus and Positive and don't let anyone Divert you!!!
NINJA!!!

DINAR GURUS UPDATE, 17 JAN

1-17-2015   Newshound Guru Aggiedad77   TOMORROW WILL SEE AN "INTERNAL CONTROL CONFERENCE" SPONSORED BY PM ABADI...BUT MORE IMPORTANTLY IN MY MIND...THE CBI GOVERNOR WILL BE IN ATTENDANCE AT THIS MEETING...NEVER HAVE HEARD OF SUCH A MEETING...THIS COULD PROVE TO BE MOST INTERESTING.

1-17-2015   Newshound Guru Shredd
   Bonds by nature are low risk for the most part since they have fixed rates. BUT, bonds can be horrible investments if the market is or could be fluctuating substantially. What does this tell us? Well it tells us that there is confidence in the investment and repayment of these bonds.  ...this "investment coming to Iraq" via bonds shows us confidence in the Stability of the market. This is a delicate balance.  This also shows us plans for infrastructure growth and investment interest. I'm not going to invest in a municipal bond if I'm afraid the city is going to be bombed, right?!

1-17-2015   Newshound Guru Shredd 
  Article quote:  "To the Director General of the Economic Department at the Ministry of Finance, Mr. Khaled Salah al-Din appeared optimistic when pointed out that Iraq could get out of this crisis, if it has been invested about true...Indicating that address this problem can be through the issuance of bonds..."  When you see in the dinar world all the talk about "bringing investment into Iraq" and how important it is, this article is speaking of this.  The issuance of bonds is lending.  Lending to municipalities for infrastructure...Lending to corporations for expansion.  [post 1 of 2....stay tuned]

1-17-2015   Newshound Guru Millionday   THE REVALUE OR CHANGE IN PURCHASING POWER /REDENOMINATION/AND INTERNATIONAL RATE CHANGES WILL BE ON THE MARKET/BANK/CBI/MONEY EXCHANGE BUSINESSES/ AND EVEN YOUR SMART PHONE WHEN THIS CHANGES 
AND THEY ARE INTERNATIONALLY RECOGNIZED AND THEIR CURRENCY IS PUT ON THE CURRENCY MARKET FOR SALE (AS IN FOREX ETC).

1-17-2015   Newshound Guru Tlar  
 The CBI has given us a heads up on the change in the currency value when they suggested to banks to take their time when addressing the population as they come into the bank to change out the big notes left in circulation.  The CBI told the banks to set up checking and savings accounts and give them walk around money.  This tells us that the currency should have significantly higher value What they have not dealt with in articles is bank accounts and IMO for good reason.  It would kill the system if the people thought there was a difference in the way an electronic dinar would be handled.  They would run the banks at the first inkling that the RV was imminent as they did in January 2014 converting all dinars to cash.  Logically IMO this has to be the only way for this to work.   [post 2 of 2]

1-17-2015   Newshound Guru Tlar 
   EVERYTHING IN IRAQ WILL BE AFFECTED BY THIS RATE CHANGE INCLUDING THE CASH, WHICH MEANS AS THE VALUE OF THE CASH INCREASES 1000 TIMES EVERYTHING else (whether in Iraq or not in Iraq) WILL BE DECREASED 1000 TIMES.  Following this logic, IMO the only people to benefit by this will be the people holding any cash just as you and I are. This is a hard argument for some to understand because guys like XXXX early on had his followers set up accounts in Iraq with dinars.   It is my belief they will not benefit from the change in value if their dinars are sitting in an account at a bank.  They won't loose money as value will remain constant before and after. 

S3A CHAT UPDATE, 17 JAN

S3A CHAT
  • Its now my recommendation that insolvent banks be liquidayed in an orderly fashion....Rv/GCR.....HERE AND ATTHE READY

    • Excellent recommendation , I hope the process has begun !!

  • Another ADAMS Family day at the park! LOL

    • Need to stay positive, but leave the computer and enjoy your lives.  I am sure most are plugged into getting a notice from EXO, once the RV occurs, so you won't miss the opportunity. Stop attacking each other.   

      • Good advice!!!!!

    • The next thing we may see is the declining oil prices bust some of the dirivitives in the bigger banks....before the Gcr.this is our cataclysm...eyes open....Timberally
      •  Yes a beautiful move!!!
      • I really believe the price of oil, is about to start rising. Along with the price of gold and silver. They have manipulated the dollar, to the needed level. The US government is loosing tax revenue, while the price is low. They will move now, they want the taxes from the exchanges, and the oil. Remember the government makes more in taxes, on a barrel of oil, than the oil companies make in profit.

    • Still Report #352 - Dutch Parliament Debate Coming:http://youtu.be/o1WBhKWJjAk


    • Febuary 18th in washington d.c. all worlx leaders willarch on washington. For the global security event...aka global currency reset......globL sechrity treaty. Watch your backs this event could spark the second revolution of america if they touch any amendments...heads~up

    MILLIONDAY CHAT UPDATE, 17 JAN

    Millionday: THIS IS WHAT IS RUNNING ON ISX >>>>Sorry for the lack of updated prices during the session and that the presence of some reforms in the service prices.

    Millionday: THEY OBVIOUSLY ARE MAKING SOME CHANGES PER ANNOUNCEMENT THAT THEY ARE MAKING SOME -- SMILE


    Millionday: I LIKE THAT IT SAYS REFORMS -- SMILE


    mrref1216: wow


    Millionday: I AGREE – WOW    SMILE


    Millionday: Last month Barcelona-based economics consultancy FocusEconomics launched an interesting new product—a survey of professional forecasters for the Middle East and North Africa (MENA) region. The section on the Iraqi economy is particularly useful given the lack of attention this subject normally receives.

    ~~~
     It includes consensus projections for 25 macro variables going out to 2019 along with numbers from each contributor for this year and next.

    All but two of the ten participants in the Iraq survey expect faster GDP growth this year. The consensus forecast calls for 3.5% growth in 2015, following a mere 0.1% for 2014, with a return to 5%+ growth rates in the 2016-2019 time fram


    Millionday: NOTE -- THE GDP (GROSS DOMESTIC PRODUCT) IS CALCULATED TO HAVE A HUGE REBOUND FOR THIS YEAR IN IRAQ


    Millionday: This recovery scenario is plausible for three reasons. First, Parliament is now expected to pass a federal government budget for the first time in well over a year.


    While the recent fall in oil prices has imposed new constraints on spending, restarting projects that had been halted during last year’s budget impasse is bound to provide a significant economic stimulus.


    Second, progress in the fight against ISIS is also likely. This will not only have a positive effect on business sentiment but may also help to stimulate domestic and international trade by making truck travel safer on the major highways heading north and west of Baghdad.


    Millionday: NOTE -- TWO OUT OF THREE REASONS ARE OBVIOUSLY AROUND THE CORNER-- THE PASSING BUDGET-THE ENDING OF ISIS AND THIER HOLD ON THE COUNTRY


    Millionday: Finally, oil exports continue to grow despite the security situation. December shipments reached 2.94 mn barrels per day (bpd), a level last seen in 1980. A further increase to 3.2 mn bpd is expected this year—a 31% increase over the 2014 average of 2.45 mn bpd that will partially mitigate this month’s price collapse.


    The FocusEconomics panel’s call for a GDP rebound in 2015 is a good one. Increased government spending, improved security, and higher oil exports should make this a year of recovery for the Iraqi economy.


    Millionday: WHOOOPOW --- GOD BLESS IRAQ AND THEIR ECONOMIC RECOVERY -- MAY 2015 BE THE YEAR FOR THAT RECOVERY AS STATED HERE


    MH_Countryboy: MD wasnt there also an article that S korea was also investing in Iraq


    Millionday: I HAVE SEEN SO MANY IN THE LAST WEEK -- I HAVE TO SAY I AM NOT POSITIVE AND DONT HAVE THE INK IN FRONT OF ME BUT WOW HAVE THERE BEEN A LOAD OF MANY COUNTRIES--


    I WOULD SAY YES I REMEMBER BUT DONT HAVE IT IN INK YET


    Millionday: I WILL KEEP LOOKING FOR IT


    TONYV: Can you elaborate on the swiss franc /Euro de-peg as it relates to the dinar situation.


    Millionday: THERE ARE MANY CURRENCY CHANGES THAT ARE TAKING PLACE INCLUDING MANY COUNTRIES


    Millionday: SWITZERLAND ANNOUNCED IN ONE OF THEIR RELEASES THAT NEXT WEEK IS GOING TO HAVE A HUGE CURRENCY CHANGE OR SOEMTHING TO THAT EFFECT


    Millionday: I HAVE TO FIND THE INK ON IT TO SHOW YOU HOWEVER BECAUSE I LIKE INK AND NOT JUST SUMMARIES


    Millionday: THE THING IS THAT THE SDR AND THE MAJOR CURRENCIES ARE USED FOR CALCUALTION IN WORLD ECONOMICS FOR VALUE OF CURRENCY


    Millionday: SO THIS IS OF COURSE VERY INTERESTING TO THE BOOK NERDS AND MARKET SPECIALISTS


    TONYV: Thank you MD. I wonder if it's dinar related or euro related. The ECB may start a QE process similar to the USA QE. I'm not sure what the trigger is....


    Millionday: I AM NOT A LICENSED ADVISOR SO I WILL FIND ALL I CAN TO SHOW YOU ALL TONIGHT IN INK THAT IS OUT THERE IN REPORTS


    TONYV: Yes, MD. I appreciate the info....


    Millionday: THE THING IS THAT THE BASKET OF CURRENCIES EFFECTS THE CALCULATED VALUES OF ALL COUNTRIES


    Millionday: HERE COMES SOME INK ON THIS


    Millionday: The World Price Index (WPI) measures the value of an urban selection of goods and services at purchasing power parity (PPP), reflecting the real purchasing power of different nations, allowing for rapid and accurate international price comparisons.


    Under/Over valuation data is based on the difference between the exchange rate value of a currency and that of the US Dollar in relation to the World Price Index calculated exchange rate.


    Millionday: The Euro


    In January, the PPP values of the main member countries of the Eurozone fell sharply. The value of the German Euro crossed the line from close to parity with the US$, an overvaluation of 1.1% in December to an undervaluation of 4.6% this month.


    The World Price Index (WPI) German Euro’s PPP value is 0.80 to the US$ compared to a nominal exchange rate value of 0.84


    Millionday: NOTE -- ADJUSTMENTS THROUGH THE REALITY CALCULATION MAY SEEM SMALL BUT THAT IS NOT -- AND TO SEE CURRENCY OFF THAT IS SUCH A HUGE PLAYER IN THE MARKET –


     IT OBVIOUSLY COULD ALSO HURT WITH JUST PANIC  ALONE


    Millionday: The Italian Euro also fell over the month significantly from an overvaluation of 12.6% to 3.3% in January. The French Euro fell by 7.4%, but it still remains stubbornly overvalued at 18.1% against the US Dollar. The WPI PPP value of the Euro in France, based on internal prices in the country is 0.99 to the dollar compared to a nominal exchange rate of 0.84.


    Millionday: NOTE -- I AM BRINGING SOME INFO ON WHAT I WAS TALKING ABOUT AND I ALSO HAVE SOME GREAT INFO WITH IT ON HOW THEY WILL NEED TO CALCULATE REALITY FOR THE DINAR THROUGH WORLD ECONOMICS


    Millionday: The challenge facing the European Central Bank (ECB) this year is to ease monetary policy in order to inflate the European economy while maintaining internal stability within and between member countries.


    The ECB, which has been following a low interest rate policy for some time, is due to decide on whether or not to undertake a project of quantitative easing at its meeting on January 22


    Millionday: NOTE -- AS WE ALL KNOW THE US DOLLAR --AND THE EURO NEEDS NO EXPLANATION OF HOW IMPORTANT THEY ARE TO THE GLOBAL MARKET WITH THE MASSIVE IMPACT IN TRADE FOR ALL AND THE WTO OF COURSE ETC


    Millionday: NOTE -- THE MEETING IS THE 22ND OF THIS MONTH AND ALSO THE MEETING WITH THE US IN WASHINGTON IS THE 18TH WITH IRAQ


    Millionday: If it decides on a major sovereign bond buying programme at the meeting the Euro will continue its fall relative to the dollar, but the fall in the PPP value of the French Euro will have to continue at a faster pace to prevent instability and rising real debt in that country.


    Millionday: NOTE -- VERY INTERESTING TO MANY INCLUDING ME THAT THEY WILL BE USING A BOND BUYING PROGRAM -- HMMMMM -- LOVE WHEN INK ANSWERS ??? SMILE


    Millionday: NOTE -- HERE COMES SOME VERY IMPORTANT INFORMATION THAT I SAID I WOULD BRING


    Millionday: THIS IS A SHORT EXPLANATION OF HOW THE MARKET WORKS ETC


    Millionday: The World Price Index is based on original data collected by World Economics. The index is in its beta release phase where adjustments to the methodology may be made in the future.


    The World Price Index is released during the second working week of each month.


    Latest month market exchange rates are calculated as an average of daily rates


    Millionday: The World Economics World Price Index is designed to provide a timely and practical solution to the problems posed by international comparisons.


     It is intended for companies that transact across countries and currencies, for governments and for international non-governmental institutions.


    The key difference between the World Price Index and other international PPP comparisons is the timeliness of the data. WPI figures are released the same month they are collected. This means WPI data is the most up-to-date exchange rate adjustment mechanism available.


    Millionday: NOTE -- THE WORLD PRICE INDEX SHOWS A MORE ACCURATE AND REGULAR FIGURE (NO PUN) CHANGE THE QUICKEST


    Millionday: Currently our primary research objective is to encourage and assist the development of better and faster measures of economic activity. In cases where we believe we can contribute directly, as opposed to through highlighting the work of others, we are producing our own measures of economic activity.


    Our work is mainly of interest to investors, organisations and individuals in the financial sector and to significant corporations with global operations, as well as governments and academic economists.


    The World Price Index has been developed by World Economics, a leading provider of original economic data and comment. Sister products include the World Economics Journal, the Sales Managers’ Indexes, the Global Marketing Index, and the Country Growth Monitors.


    Millionday: NOTE -- THE MOST IMPORTANT PRODUCT OF ANY COUNTRY IS THEIR CURRENCY OBVIOUSLY


    Millionday: NOTE -- THE COMPARISON THEY ARE TALKING ABOUT OBVIOUSLY DOES NOT TAKE INTO ACCOUNT COSTS SO IT WOULD END UP BEING A COMPARISON MODEL WHEN FINDING OUT HOW TO CALCULATE OR HOW THEY CALCULATE THE PURCHASING POWER OF THE DINAR –


    NO DOUBT TO THE US DOLLAR


    Millionday: SO THERE IS THE INFO I PROMISED TODAY -- LETS MOVE ON TO SOME MORE NEWS


    Millionday: PERFECT TIME FOR IT AS NEWS IS SLIGHT AS WE KNOW THEY ARE WORKING BEHIND DOORS FINSISHING THE CHANGES THEY WANTED FOR THE BUDGET


    AND HAVE COMPLETED OR THEY ARE ALL IN A COMA FROM THE CONSTANT WORK OR FROM READING THAT REPORT IF THEY HAPPEN TO BE


    MGM Millionday: Have you seen anything on Abu Bakr al Baghdadi?


    Millionday: AS IN WHAT?


    MGM Millionday: Hes dead . . . again?


    Millionday: I WILL BRING IT IF I HAVE IT


    Millionday: BRB WITH MORE -- SEE IF WE HAVE THE BANKING NEWS OUT YET


    Millionday: ISX NEWS -- LOOK AT THE DATE -- SAME AS WHEN IRAQ IS IN THE USA


    Millionday: Shares of Commercial Bank of Iraqi resumed trading on Sunday Jan 18 2015


    15/01/2015 09:48


    Shares of Commercial Bank of Iraqi resumed trading on Sunday Jan 18 2015
    Millionday: LAUNCH OF THE COMPANY

    Millionday: NOTE -- THIS IS NOT AVAILABLE IN ENGLISH ONLY ARABIC ON SITE HOWEVER -- VERY GOOD NEWS


    Millionday:The general assembly of the Secretary for Financial Investment Meeting Minutes ( Certified )


    01/15/2015 08:55


    A General Assembly meeting on Sunday, 11.01.2015 at ten in the morning in the company's headquarters and discussed the final accounts for the fiscal year 12.31.2013 and approval, and discuss the accumulated deficit and edit articles of incorporation .


    Related companies


    Millionday: SO WHAT THIS IS SAYING IS THAT THEY HAVE MET (ISX) AND FINISHED WITH ALL PREVIOUS FINAL ACCOUNTS AND GIVEN APPROVAL 


    AND ALSO APPROVED AND REMOVED ANY THAT DIDNT ALL CORPORATIONS LISTED


    Millionday: THAT IS WHAT WE CALL HUGE PROGRESS


    Millionday: HAVE A WONDERFUL NITE AND A GREAT DAY TOMORROW WE WILL SEE YOU AT 730 EST FOR NEWSTIME


    Millionday: ROUNDTABLE WILL NOT BE GOING ON MONDAY

    TLAR UPDATE, 17 JAN

     Tlar: EVERYTHING IN IRAQ WILL BE AFFECTED BY THIS RATE CHANGE INCLUDING THE CASH, WHICH MEANS AS THE VALUE OF THE CASH INCREASES 1000 TIMES EVERYTHING else (whether in Iraq or not in Iraq) WILL BE DECREASED 1000 TIMES. Following this logic, IMO the only people to benefit by this will be the people holding any cash just as you and I are. This is a hard argument for some to understand because guys like XXXX early on had his followers set up accounts in Iraq with dinars. It is my belief they will not benefit from the change in value if their dinars are sitting in an account at a bank. They won't lose money as value will remain constant before and after.

    The CBI has given us a heads up on the change in the currency value when they suggested to banks to take their time when addressing the population as they come into the bank to change out the big notes left in circulation. The CBI told the banks to set up checking and savings accounts and give them walk around money. This tells us that the currency should have significantly higher value.  What they have not dealt with in articles is bank accounts and IMO for good reason. It would kill the system if the people thought there was a difference in the way an electronic dinar would be handled. They would run the banks at the first inkling that the RV was imminent as they did in January 2014 converting all dinars to cash. Logically IMO this has to be the only way for this to work.

    KTFA CHAT UPDATE, 17 JAN

    KTFA:

    PAPPA-J : FRANK, THE ARTICLES TODAY HAVE BEEN INTENSE TO SAY THE LEAST. BAC DOC. WS AND JJ POURED IT ON AS WELL.

    YOU MADE THE COMMENT YESTERDAY, I THINK, TO SOMEONE TO BE PATIENT AS WE WATCH THESE HOPEFULLY FINAL STAGES OF THIS MR.

     I HAD SOME CONVERSATIONS TODAY WITH FAMILY MEMBERS THAT ARE TRYING THEIR BEST TO UNDERSTAND THE SEQUENCE OF EVENTS AS THEY UNFOLD BUT DONT UNDERSTAND IT FROM THE STRATEGIC VANTAGE OF WHY THESE THINGS ARE HAPPENING ,SUCH AS WHAT WE SAW WITH THE SWISS , DOLLAR GOING TO 93 PLUS, EURO DROPPING TO POSSIBLE PARITY WITH THE DOLLAR.

     IMO IT WOULD BE OF GREAT VALUE TO THE FAMILY IF THESE TYPE OF THINGS COULD BE THREADED WITH CLARITY AS TO WHY THESE THINGS ARE NECESSARY FOR THE BLESSING TO BE BROUGHT FORTH TO GIVE LONG TERM SECURITY AND STABILITY TO IRAQ AND THE GCR.

    THEY SEE THE PIECES BUT CAN'T PUT IT TOGETHER. BTW THIS ISNT JUST DIRECTED TO YOU BUT TO--- ALL--- OF THE OTHER SMART FOLKS IN THE FAMILY. COLLECTIVE THINKING IS POWERFUL ESPECIALLY WITHIN THE KTFA FAMILY. YEP TRYING GET IT ROLLIN!!!!

    **********

    Backdoc: WE ARE NOT ONLY WATCHING- THE DOLLAR REGAIN AN INTERNATIONAL STATUS OF DOMINANCE BUT POSSIBLY DOING SO IN PREPARATION TO MAINTAIN CONTROL OF THE IMF.

     JUST A POSSIBILITY.

    THE DINAR TAKING A SPOT ON THE INTERNATIONAL STAGE WILL AFFECT THE WHOLE STAGE!!! Lol

    **********

    powerofprayer » January 16th, 2015, 11:23 pm   Good evening Family,

    Indeed this week has been full of amazing even historic economic news. As we all saw yesterday, the SWISS FRANC appreciated approximately 30% in a matter of hours.

    I have been thinking about the 2% currency fluctuation limits that has been spoken about countless times throughout dinarland. As we witnessed yesterday, the SWISS FRANC smashed that limit.

    So technically currencies are able to fluctuate more than the 2% requirement. Just a thought.

    **********

    PappaJ:  DOC, I WAS THINKING ABOUT SOME OF THE THINGS YOU SAID ON YESTERDAY'S THREAD…..SOME THINGS YOU SAID CAUSED ME TO LOOK AT WHAT HAPPENED WITH THE SWISS FRANC IN A NOT SO OBVIOUS WAY. -------

    IS IT POSSIBLE THAT WHAT WAS DONE WAS TO USE THE FRANC AS AN ARCH TYPE OF THE DINAR TO GAUGE MARKET REACTIONS TO SEE HOW IT WOULD REACT TO THAT TYPE OF A SHOCK BUT TO ALSO WATCH THE 2ND, 3RD,4TH 5TH TERTIARY REACTIONS SO THAT WHEN THE DINAR VALUE CHANGES THE GLOBAL FINANCIAL SYSTEM IS BETTER PREPARED?

     HERE IS MY REASONING---- FIRST I FIND IT REALLY STRANGE THAT THE IMF WOULD NOT HAVE KNOWN THIS WAS GOING TO HAPPEN( ESPECIALLY IF YOU SAW CL AFTER HER SPEECH THE OTHER DAY SHE WAS GRINNING LIKE A CHESHIRE CAT) SENSE EVERYTHING SO FAR HAS BEEN SO WELL ORCHESTRATED, IMO IT WAS A TEST!

    NOT A SET BACK OR SURPRISE TO THE IMF. IF THERE WERE PROBLEMS WITH THE FRANC IT WOULD CAUSE PROBLEMS (and did) BUT THE PROBLEMS WERE NOT CATASTROPHIC BUT SURELY VERY TELLING TO HOW THE MARKET REACTIONS WERE TO THE SHOCK AND THE IMF GOT A GOOD LOOK AT SOME THINGS THAT MIGHT NOT HAVE BEEN PLANNED THAT NEEDED RESOURCES ALLOCATED TO PREVENT FURTHER DAMAGE.

    DELTA MADE AN INTERESTING COMMENT ON ONE OF THE CC'S LAST IN REFERENCE TO WHAT HE BELIEVED THAT THE DINAR WOULD NEED TO BE IN VALUE WITH THE CURRENT IRAQI MARKET PLACE -----

    IF MY MEMORY SERVES ME HE SAID NORTH OF 1.40 USD VALUE QUITE A DEPARTURE FROM EARLIER THOUGHT PATTERNS OF .10 -.30 USD------ T

    THE REASON I BRING THIS UP IS WHAT HAPPENED WITH THE SWISS FRANC IT STARTED IN THE RANGE OF 1.22USD AND JUMPED 30% ---- IF YOU DO THE MATH THAT BROUGHT IT 'S VALUE TO 1.58 USD VALUE----- YEP IT MADE ME SCRATCH MY HEAD!!!!

    THE WORD PARITY COMES TO MIND FOR THE FRANC/DINAR ESPECIALLY WHAT WE SAW WITH THE DOLLARS RISE TO.93 PLUS YESTERDAY AND THE EURO DROPPING TO .85--PARITY AGAIN! SOFTENING THE MARKET SHOCK FOR LATER AND POSITIONING RESOURCES TO CURB DAMAGE TO MANY ECONOMIES !!!!

    ( TOUCHE BAKERS DOZEN &CL) YES SOME HICCUPS WITH THE FRANC THAT NEEDED TO BE FIXED AND THAT IS THE WHOLE POINT!

    THESE HICCUPS WERE NOT TOTALLY DEVASTATING BUT IF THESE TYPE OF THINGS HAD HAPPENED WHEN THE DINAR REVALUES IT COULD HAVE BEEN CATASTROPHIC TO THE MARKET BECAUSE I BELIEVE THE DINAR IS THE LYNCH PIN CURRENCY FOR THE GCR AND COULD HAVE CAUSED A DOMINO EFFECT OF MARKETS CRASHING FROM OVER LOAD. OK AM I A  CLOWN ON THIS OR LIKE THE ROBINSON FAMILY --LOST IN SPACE?

    **********

    Zochowski:  MORNING "PJ"

    HAVE TO SAY YOU R NOT THE ONLY ONE THAT CONSIDERED THIS "SWISS FRANC" ISSUE A PRE-DETERMINED MOVE FOR FURTHER ADJUSTMENTS!!!!

    AFTER I SAW ALL THE COMMOTION, I MYSELF ALSO ARRIVED AT THE CON"CLUE"SION THAT THIS WAS A NEEDED ADJUSTMENT WITHIN THE CURRENCY MARKET..........LOL LOL

    HAVE HAD ENOUGH EXPERIENCE WITHIN THE CONSTRUCTION TRADES, 36 YRS BTW, TO REALIZE JUST CAUSE ITS ON PAPER OR ITS BEEN VERBALIZED DONT MEAN SOMEONE CANNOT CHANGE THIER MIND................AND WHEN IT IS "ALTERED" YOU USUALLY HAVE NO CHOICE IN THE MATTER, YOU JUST DEAL WITH THE CARDS DEALT YA..........AND ADJUST..........

    LIKE THE SAYING, CLINT EASTWOOD SAYS IN HEARTBREAK RIDGE, YOU ADAPT, COMPROMISE, SURVIVE TO THE CHANGES IN THE ENVIRONMENT AROUND YOU.......SOMETHING ALONG THOSE LINES...EXCELLENT MOVIE BTW, IMO....

    LOL LOL, JUST LIKE THIS BUDGET DEAL WITH IRAQ...............

    HAS BEEN ALOT OF NOISE FOR FRIDAY/16TH, INCLUDING A SMALL RALLY AS $$ WAS MOVED ELSEWHERE, LOL LOL FOR THOSE THAT HAD SOME TO MOVE...HUMMM................

    AND WHERE DOES THIS PUT US?????????

    IMO, IN A SMALLER CIRCLE THAN IT WAS A WEEK AGO............

    STILL WATCHING THE ONGOINGS AND HAVE BECOME EVEN MORE FOCUSED ON WHERE WE ARE AS ALOT OF NEWS HAS BEEN CONFIRMING MY THOUGHTS ON AN END -GAME..............


    THERE WAS ONE ARTICLE IN PARTICULAR I SAW THIS WEEK THAT SEEMED TO POINT/ ZEROED IN THE TARGET..............

    TALKING BOUT NEXT WEEK HAS BEEN MOVED TO END OF MONTH BECAUSE OF TOO MUCH OPEN TALK OF PARLY TALK OF THE BUDGET............

    .I STARTED LMAOx 4.........

    ANYWAY, NOUGH SAID FOR NOW.......

    ENJOY THE OLE GOBBLY-GOOK, TAKE IT FOR WHAT YOU CONSIDER ITS WORTH...G/B