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Sunday, January 18, 2015

OOTW & KAPERONI UPDATE, 18 JAN

1-18-2015   Newshound Guru OOTW   Article:  "Iraqi leaders and the support of a reference work on the dismissal of al-Maliki from office"  [What constitutional basis is there for his removal post election?]  WITHDRAWAL OF CONFIDENCE, SAME AS ANY OTHER MAIN GOVT POSITION.  2/3 MAJORITY VOTE NEEDED TO REMOVE HIM/AND OR HIS IMMUNITY...REMEMBER, WE NO LONGER NEED A 2/3 MAJORITY OF ALL WHO WERE ELECTED..ONLY 2/3 OF THOSE WHO SHOW TO SESSIONS..JOBOURI CHANGED THAT LEGISLATION.

1-18-2015   Newshound Guru Kaperoni  
 Article: "Conscious Central Bank: reserve the largest rates of good reserves of foreign currency"   40 trillion dinar or so in circulation is about 38 billion dollars.  The amount in reserves is 1.5 times that amount (about 65-70 billion).  Considering how other central banks use a fractional amount I think of 10:1, the dinar value could be significantly higher.

POPPY3 & R.V / GCR TIDBITS, 18 JAN

 Poppy3: WE CAN BE ASSURED IF THEY BEEN APPROVED BY BOTH THE IMF AND WORLD BANK THEY HAVE THE RESERVES AND PROJECTED PROFITS TO BE APPROVED. THEY KNOW THE MARKET VALUE AT THIS POINT AND IT HAS TO BE VERY SUBSTANTIAL TO BE QUALIFIED FOR BILLIONS IN LOANS. PLUS REMEMBER THEY JUST BOUGHT GOLD TO FURTHER SECURE SUPPORT FOR THEIR CURRENCY. ALSO REMEMBER WHEN THE RATE WAS $3.22 BEFORE THE PRICE OF OIL WAS $31.00 A BARREL.

Rv/gcrGOVERNMENT is willing and ready to engage investors and international partners to drive the economic development agenda of the country, a Ministry of Finance and Economic Development official has said.

ALREADY BLESSED UPDATE FROM TNT, 18 JAN

ALREADY BLESSED :AT THIS TIME :) THE GOOD NEWS IS THAT THERE IS NO BAD NEWS....SO PLEASE DON'T GO THERE...NO REASON TO GET BUMMED OUT OR DEPRESSED...ALL IS LOOKING GREAT!

ISX IS ANOTHER TARGET TO WATCH :)

THIS IS THE BEST THINGS HAVE EVER LOOKED....SWISS MOVE WAS A FORCING FUNCTION....THIS SHOULD BE VERY INTERESTING...IT ISN'T JUST ABOUT US!

IF YOU ARE BUMMED OUT OR WORRIED...LISTEN TO THE CALL AGAIN!!!! THIS IS A HUGE GLOBAL MOVE AND THERE WILL BE MANY RAMIFICATIONS :)

ALSO NEED TO FINISH PUTTING AWAY GROCERIES SO BACK LATER....JUST NEEDED TO REMIND SOME FOLKS HERE TODAY THAT THINGS ARE FLIPPIN' AWESOME!!!!!

DINAR IRAQ & DONG VIETNAM UPDATE, 18 JAN

DINAR IRAQ & DONG VIETNAM :Indonesia's Central Bank has announced that the rupiah would be redenominated by removing three zeros starting 2015. The existing rupiah will be phased out by the end of 2018. During the transition period, the old and new currency notes will stay valid.

As of August 2014, the plans are delayed or on hold recently because of other monetary problems gaining higher priority like inflation and foreign divestment.

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I never invest on emotion… I only invest on logic and by research.
The Iraqi Dinar is undervalued. The CBI can and should raise the value, they CAN support a higher value, and at some point we are going to see a profit on it. It’s THAT SIMPLE.
We are on the cusp of something big. It’s looming over us. We are in the shadow of a giant tidal wave that’s about to crash onto the beach and take everyone but us by surprise.

There’s no way around it!
Prime Minister Abadi has made so much positive impact, the political atmosphere in Iraq has never seen this much harmony, and we are all just here waiting to reap some big rewards.

TLM724 & KTFA CHAT UPDATE, 18 JAN

tlm724: Central Iraq confirms that the reserves of the best reserves in the world. Best reserves in the world. The Central Bank of Iraq, Sunday, that the bank reserves is one of the best reserves in the world, and while he noted covers currency and a half times.
Keywords in an interview for a number of media that, "the Bank maintains the largest rates of good reserves of hard currency in the world compared to the money supply." That’s Ali Alak, governor of the CBI, telling all of the media that they can cover all the hard currency one and a half times!

KTFA :

Frank26:  Yesterday I made many posts ..... Some went something like this:

"This is not a test of a mike .... (Swiss) ..... It is the commencement of many Currency Policy Reforms."

"The IMF is not dumb ........ There was no surprise to the IMF what just happened."

"Basket 1."

"A and S SO WANT TO TALK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

KTFA   Frank..... PS .... The CBIGOI want to STOP talking ABOUT Dr S ........ They WANT HIM to TALK.


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King Of MLEZ:  SO ONE MAY NOW CONCLUDE THAT WHEN DR S TALKS THE SHOW BEGINS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

aggiedad77: Well if I were Dr. Shabibi, I would first like to thank the current government of Iraq for seeing through the murky waters stirred up in 2012 to clear my worthy name.

Secondly I would like to thank my family and friends for standing by me during these troubling times, including those at KTFA that have long believed in my word and ability.

I would like to welcome the Iraqi people into the new world, welcome them in such a way that will bring great recognition and wealth to them which will see our country turn itself around from a battlefield of corruptly run government and cities riddled with terrorist vermin, to a nation that will stand proudly in the coming years with all of the world showcasing a level of greatness that many thought would be incapable of originating from this part of the world.

Whew....let me catch my breath....I am sure there is more to come....an Academy Award couldn't feel so exhilarating. Aloha Rand

IKO WARD & JCR3758 TWEET, 18 JAN

IKO WARD :Here's another interesting tidbit. 60 days ago I deposited a residential installation of a Bloomberg Terminal (sophisticated hardware and software to monitor markets). I have been dreading a phone call from the rep saying its ready and when would I like them to come? He called me Friday to apologize because they got SWAMPED with orders from existing customers who take priority. Now why would all these people suddenly want terminals in their homes?

Guys, what normally happens on Sunday evening at 5PM EST is the Tokyo markets open and about an hour later Forex posts it's first pairings. But today ain't gonna be normal. More like the opening kick-off at a Super Bowl.

JCR@JCR3758 :It is my intention that when I get the exchange instructions & details that the tweeter family share the info first b4 it is copied 4 others

JCR3758 TWEETS, 18 JAN

JCR3758 :Have the troops enjoy the weekend. Expecting a hectic week full of changes.

JCR3758 :Enjoy your weekend!

JCR3758 :I am hearing that all parties are focused on releasing it when CBI/GOI give the word. There is a definite window for this & it won't be long

DINAR GURUS UPDATE, 18 JAN

1-18-2015   Newshound Guru Chattels  the budget is all but done...?   it may be the 20th something of this month, but it seems to be more of a formality.

1-18-2015   Intel/Newshound Guru Poppy3
  I WOULD NOT CASH ANY AT .10  ...NOT A ISSUE ANYWAY THATS NOT AND WOULD NOT MEET ANY OF THEIR NEEDS AND THEY ARE TOO BOISTEROUS NOT TO WANT TO BRAG THEY HAVE THE MOST VALUABLE CURRENCY.  

1-18-2015   Newshound Guru sczin11 
  [if Iraq wants to redeem as much dinar at the lowest price then why offer initially more than let's say .10?]   JMHO, IRAQ MUST, NEEDS, AND WANTS TO DEDOLLARIZE...THEY MUST COME OUT EQUAL OR GREATER THAN THE US DOLLAR.

1-18-2015   Intel Guru TNT Tony 
  [via Already Blessed]     AFTER ALL OF THE DISASTERS THAT OCCURRED ON FRIDAY AROUND THE WORLD ...CURIOUS TO SEE WHAT HAPPENS IF THIS HASN'T OCCURRED BY THE TIME THE MARKET OPENS ON SUNDAY. 

ISHMAN POST FROM TNT :The RI Window from Tues Jan 13 through Tues Jan 20, 18 JAN

ISHMAN:We understand (1) Iraq has met all requirements to RI its currency; (2) Iraq has the authority to RI its currency having been released from Ch 7 Sanctions; (3) Iraq's RI rate has been authorized through IMF & BIS, with international support, at rates from $3.22 to $3.90 per IQD; (4) Iraq's GOI has been recognized by the US and the West as stable & unified; (5) all central banks were fully linked and synchronized last Tues/Wed Jan 13-14 in anticipation of the RI release; (6) and Iraq has released its RI for public distribution through the US Treasury process numerous times, having been given the green light by the IMF, BIS, UST, USA Executive, etc., only to have the US Treasury public release stopped for any number of reasons (valid or invalid as the case may or may not be).

So, if you're the Iraq GOI and CBI, and (1) you want to RI your currency in the light of circumstances summarized above; (2) you had just witnessed the Swiss National Bank decouple the CHF from the EUR on its own and without any prior notice,  (3) your domestic situation is untenable with a disparity of rates from 1166 IQD to the USD to $3.58 in markets and on Qi smart cards across your provinces, (4) your population and Parliament are beside themselves with interference in Iraq affairs by the US; (5) your provinces are on the verge of bankruptcy and citizens are protesting missed payrolls dating back to Nov 2014; (6) banks around the world are exchanging IQD at rates of $3.22 to as much as the mid-$20's while your population waits for the US to allow your sovereign nation to RI its own currency, and (7) you have an agreed time among key sovereigns, central banks, the IMF & BIS, while banks and law enforcement agencies across the world are on stand-by alert (AGAIN) for and to release the RI with a window from Jan 13 through Jan 20;  NOW THEREFORE would you wait until the window was almost closed to "pull the trigger?"

I think not.

Or would you pull the trigger early enough in the window that you could pull it several times during the window to keep the US Treasury and US Executive honest in their commitment to publicly distribute and roll out the RI worldwide?

I think so.

IMO, Iraq has already tried, or will soon try, to pull the RI trigger before Tues Jan 20.  In fact, it would have made the most sense for Iraq to pull the RI trigger concurrent with the reopen of the ISX on Sun Jan 18, as it has implied it is want to do. 

 Did it happen? 

 Are we waiting for the international markets to open Sun night / Mon morn at 12:00 AM GMT?

Will this release by Iraq have been stopped again and force a wait until next Tues Jan 20?

Why would the US Treasury and US Executive wait for markets to open next week Tues Jan 20 when the 3 day weekend after the CHF blockbuster last week offers such a PERFECT WINDOW and FANTASTIC COVER for an RI / RV?

Are the US Treasury and US Executive that "ignorant" or arrogant to let such a FANTASTIC opportunity slip by?  

I hope we'll find out soon.

If it doesn't go now, there IS something rotten in Denmark.

RV/GCR & OILRAT UPDATE FROM S3A, 18 JAN

RV/GCR: Just stepping in before we go do something fun. Like walk the ocean enjoy the joggers and set our destination for coffee somewhere puerto rico. Lots going on in the background as you can figure out the movements are called babysteps/posistioning by the markets for the markets. The world seems to be by its own demise ready to play dirty pool. 

The admiral goes in is our hope.we still have time its not over til its over....the internal meetings between the cbi and abadi are going on right now as we speak, then its off to usa where the united nations has big to do....then its back to iraq for possible signing of paperwork to approve the sun rotates around the earth and then ecb starts on thursday...

so best bet is watch as history is being. Made if you hold currencies....keep it safe....jellybeans this is where i say go find your silly parade stuff the currency circus is coming.TIMBERKIDS

OILRAT: Listen up Friends.....everyone needs to stay "focused" (on what's important), "positive" (in the now), and "calm" (knowing it's about over) from this point forward.....there is not and will not be a lot of direct top-PTB Intel until this is done.....my contacts are "Simply Staying Stealth" (SSS), and I expect it to stay this way until we are in the banks celebrating. 

Even the info they are providing is either repeat info and/or blah, blah, blah Intel. Let it be known, this is absolutely why I believe we are as close as we have ever been yet. BOOOOM!!!! JMO

MILLIONDAY, OOTW & TERRYK TIDBITS, 18 JAN

1-18-15 Millionday: IT WOULD VERY MUCH BE IN THEIR BEST INTEREST TO REVALUE THEIR CURRENCY RIGHT NOW AND ENTER THE GLOBAL MARKET DUE TO THE DIVERSITY THAT THEY CAN TAKE ADVANTAGE OF AND THE MANY JOBS IT WOULD BRING ETC ETC --- CBI IS INDEPENDENT BUT ALSO THE COUNTRY HAS TO BE INTERNATIONALLY COMPLIANT ECONOMICALLY AND WITH THEIR REGULATIONS FOR THE WORK OF CBI TO BE A SUCCESS AND ALSO THE LAWS HAVE TO BE IN PLACE IN ORDER FOR IRAQ TO TAKE ADVANTAGE OF THE REFORMS THEY HAVE PLANNED FOR THEM AND THE WORK THEY HAVE DONE. 

1-18-15 OOTWMANY ISSUES WITH THIS BUDGET SEEM TO BE IN A CATCH 22 MODE...THE IMF SAYS THEY WON'T LOAN THEM A DOLLAR UNTIL THEY PASS THE BUDGET, BUT THEN, HOW CAN THEY ALLOCATE - PROPER ACCOUNTING - WITHIN THE BUDGET UNTIL THEY KNOW/IF THAT'S GOING TO HAPPEN? 


1-18-15 TerryK: I'M HEARING THE BUDGET IS OFF FOR ANOTHER DAY...WED NOW. BUT HEARING ALOT OF RUMBLING ABOUT ACTIVITY GOING ON IN IRAQ EARLIER TODAY... RUMBLES ABOUT TRANSFER OF LARGE AMOUNTS OF CURRENCY BY WIRE.  THE BANK [CBI] IS CLOSED BUT THERE ARE PEEPS STILL IN THE SYSTEM WORKING. 

ZIMBABWE SITUATION NEWS:Zim-China economic ties growing, 18 JAN

TRADE between Zimbabwe and China reached $1,05 billion in the nine months to September and could far exceed the 2013 performance as economic ties keep growing. Zimbabwe’s imports amounted to $290 million while exports were $760 million, the Chinese embassy said yesterday. Last year, trade between the two nations reached $1,1 billion. Full trade statistics for the full year to December are yet to be released.
China, the world’s second largest economy after the United States, mainly imported tobacco while Zimbabwe largely imported chemicals, electrical goods and machinery.
“At $1,05 billion in September, and with three more remaining months to trade in 2014, it is most likely that trade between Zimbabwe and China far exceeded the $1,1 billion record reached in 2013,” an economist with a financial institution said.
Economic ties between the two countries have been growing after the Government adopted “Look East” policy in light of hostility from western countries.
On the investments, Zimbabwe has been one of the major recipients of Chinese capital, with over $1,3 billion having been invested into the country between 2009 and 2013. Last year, Zimbabwe and China signed several agreements that will see the Asian giant providing funds for bankable projects in various sectors including infrastructure.
China has already provided loans to fund various projects in energy, water and aviation.
Last year, the Government contracted Sino-Hydro to build two units at Hwange Thermal Power Station at a cost of $1,5 billion. The project will add 600 megawatts onto the grid. The same was also contracted to add two units at Kariba Hydro Power Station.
Some of the projects being financed and implemented by Chinese companies include the $150 million expansion of Victoria Falls airport and the rehabilitation of Harare Morton Jeffrey water plant at a cost of $144 million. The Chinese have also invested into private projects in sectors such as mining and telecommunications.
The Government signed a concessional loan agreement with China Exim Bank worth $218,9 million for Net One’s network expansion under the company’s Phase II Project. In addition, the Government is in negotiations with China Africa Sunlight Energy Company to secure a facility of $53 million to augment funding for construction of the Gwayi- Shangani Dam in Matabeleland. An MoU was signed between the Zimbabwe National Water Authority and CASECO, paving way for disbursement of the funds.
The agreement outlines the facility repayment arrangement, which entails CASECO’s future water consumption bill being off-set against the $53 million advance facility.
In line with the ZimAsset thrust towards empowering small scale miners, the Government entered into a $100 million facility agreement with Xuzhou Construction Machinery Group of China for provision of small scale mining equipment on credit.LINK

DINAR IRAQ & DONG VIETNAM UPDATE, 18 JAN

DINAR IRAQ & DONG VIETNAM :R.V. / GCR: The next thing we may see is the declining oil prices bust some of the derivatives in the bigger banks….before the Gcr….this is our cataclysm…eyes open….Timberally.
It’s now my recommendation that insolvent banks be liquefied in an orderly fashion….Rv/GCR…..HERE AND AT THE READY.
After 15 years of manipulated markets and suppressed true numbers hang on to your hats signs say bump up ahead…..ever hear you have to hit bottom for things to get better well we are about to see the industry mimic 2008 and bounce.
Thursday is ecb meeting. The isx is scheduled back up on the 20th with the new reality rate. February 18th is the world leaders walking in global security. The isx is scheduled back up on the 20th with the new reality rate enjoy the holiday. Tuesday…promises great intel.
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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…
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.