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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, February 25, 2015

OILRAT INTEL, 25 FEB

Just finally got a call back from my contact that I spoke to last night and he said there are final details which are and have being completed.

All the lower denoms have been flown to all the banks around Iraq.

He was told that even though it did not happen last night, expect it to finally happen this weekend.

All is lined up, so stay focused and grounded as we are almost home.

Luv you all as family...as always treat as rumor until it happens.

Hope this helps everyone here!!!
....there was much other he said that gave me confident, of which I can't repeat.....I can say the rate he mentioned was over 3.70

MY LADIES UPDATE, 25 FEB

My Ladies: THE PROCESS CONTINUES ... THERE IS NO WORDING IN THE CONSTITUTION THAT SPEAKS TO FUNDING THE BUDGET PER SAY. HOWEVER IT IS IN THE CONSTITUTION THAT AFTER 24 HOURS OF PUBLICATION IN THE GAZETTE ANY PRINTING BECOMES LAW.  SO FOLLOWING THAT IT IS REASONABLE TO ASSUME THE BUDGET IS LAW IN 24 HOURS FROM LAST NIGHT.
WITH THE BUDGET BEING LAW IT IS REASONABLE TO ASSUME THEY WILL NEED TO GRADUALLY BEGIN FULFILLING OBLIGATIONS IN THE BUDGET. IT IS UNREASONABLE TO ASSUME THAT THE ENTIRE AMOUNT OF THE BUDGET WILL BE FUNDED IN 24 HOURS AS IT IS A 52 WEEK BUDGET, SO IT HAS MONEY IN AND MONEY OUT CONTINUOUSLY.

BUT IT IS REASONABLE TO ASSUME THAT SINCE THE ENTIRE REVENUE OF THE BUDGET IS BASED ON OIL THIS TIME THAT THERE WILL NEED TO BE A CONVERSION RATE FOR MONEY COMING IN BEFORE THEY CAN BEGIN SENDING MONEY OUT. NOW I DO NOT WANT ANY OF US TO GET STUCK IN A 24 HOUR WHEEL SPOKE BECAUSE THAT IS NOT WRITTEN ANYWHERE. BUT WE DO KNOW THAT THE MONEY IN NEEDS TO HAPPEN REASONABLY SOON.

I ASSURE YOU 100% THAT NO ONE IS HIDING ANYTHING...IRAQ IS A COUNTRY...NOT A GAME OF HIDE AND SEEK. THEY ARE SHOWING US EVERYTHING WE NEED JUST TO KNOW WHERE TO LOOK AND PUSH ALL THE HORSE FEATHERS ASIDE TO SEE IT. THINGS ARE VERY GOOD ...VERY VERY GOOD...WE HAVE WHAT WE NEED THE BUDGET AND THE AUCTIONS AND NOW WE JUST WATCH AND WAIT. 

R.V / GCR & TONY UPDATES, 25 FEB

2-25-15 R.V. / GCR: Possible exchange next Tuesday, but according to Chinese before the end of the new years (Chinese New Year Celebration Ends Mar. 5th). The devil cheats …so figure any time from now until the day or even a few days after the Chinese new years...Seems they are working on this now,… in order to be in compliance… the United States of America will allow Iraq to untag from the US dollar if they sign the form treaties asked for taxes. When they do this the global currency reset will take place with all countries and you will bank…. Timber. 

2-25-15 TNT Tony
Yesterday you saw the budget was fully publicized. We got the same information: it is fully publicized, and it was signed off two weeks ago. We had a guy who actually walked over, took a look at it, and said this: Just reviewed the Budget that was published today. We are getting closer. It is not yet complete. At least the portion put out for the public today was not complete. The number of subsections that are not publicized is down to 17 – they have been signed off, but not put out for the public yet. Sections not published include the HCL, tariff law.Articles say they want it to take effect by 1. March, but it’s not publicized in this Budget, even though the Budget itself has been signed off. These sections could come out any time between now and Saturday. On television, they are telling the Iraqi people that this will be completed this week, and that is all we can really go by. They also told them that when the banks re-open, they can exchange their currency at the new rate.Our guy on the ground says that no banks are open in Baghdad at all, although a few are open in Kurdistan. They are scheduled to open tomorrow. Our banks in the US have put their people on notice. This could happen at any moment.

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 25 FEB

Highlights of Tonys CC. Updated as the call progresses
Tony Closing Words:  Not planning on being here Friday.  That’s a BIG hint.  Not planning on it!!!

Tony:  Rest of the budget could be released today, tomorrow followed by the RI. . .So when is the perfect timing?  It could be right now, . . could be Friday morning in the mosque . over the weekend . . . could be to coincide with March 1st when tariff laws were to go in to effect - but we are that close.
DC: In meetings

CURRENT WINDOW:  It's all over the place:  Iraq telling their people the economic reforms are to be completed by Sunday and telling the citizens will see by Friday.   Tony:  Could it happen an hour or two from now?  Yes, but the time frame I've been given is a little longer.  

IRAQ:  Parliament meetings were held and agreements reached yesterday. Iraqis people are tired of this dragging out and what they are being told.  Tired of "imminent."  The citizens are hearing by Friday you will see this.  
  • Budget:  Tony had a guy walk over and look at and review the budget published today.  It is published but not publicized.  The portion put out for the public today is still incomplete.  There were 38 subsections missing and now down to 16 subsections that are not yet listed for the public to see yet.
  • De-dollarize: No USD is being used in Iraq.  Hearing a 10 day process and if so that would end Friday morning.
  • TV/Mosques: Saying economic reforms to be completed this week.  Telling their people right now this will be done by Sunday.  Told them previously when the banks re-opened they would have their currency.
  • Banks closed yesterday and today.  Due to open tomorrow.
  • Security:  The $10,000 limit of currency that could leave the country has been dropped to $3,000.
  • ISIL:  5 - 6 cities have been recaptured from ISIL.
  • Kurdistan:  Saying they are making payment to them today.
  • Tariffs take effect March 1, 2015.
INTERNATIONAL:
  • Rates: Tony: Rates are back at the bank screens. Certain currencies showed up with the numbers where we thought they should be.
  • Zimbabwe did revalue yesterday.  Tony said they called banks and even other countries and they said Yes, the Zimbabwe currency rates had changed. Tony understood the rate to be $5 per every 35,000.  Due to Zimbabwe issuing multiple currencies over the past few years so now their are three different rates for four of the different issue currency. Tony:   There are now four codes:  ZWL, ZWR, ZWN and ZWD.  (some transcribers typed ZWM - it was hard to discern.) When exchanging ask to see rates for both ZWN and ZWD.  (OKrocks said, "ZWR AND ZWN IS MY UNDERSTANDING").. If banks do not exchange try a broker. Tony said, while the banks want your business if you ask for the wrong currency or give them the wrong information, they will not process you; will not exchange you.  To be careful what you do.  Tony:  The 2008, most of us have, will fall under ZWD and ZWN, as I understand it.  I heard someone got paid out yesterday but banks telling us they don’t know what to do with it. This morning hear ing they think it was too much and going to change it. 
UNITED STATES: 
  • Banks:   were scheduled this morning at 7 am.  Personnel has been called in and others are on alert again.  US Bankls being Basil III compliant Tony said is a non-factor.
  • 800#’s/Packages:  The process keeps changing.  Have said four days and other times have said seven days. Tony says at least two banks have told their personnel they would be in competition with other banks.  Want their rates to be higher than other banks.  They want you to call their 800#'s but Tony suggests calling all of them for rates and says it does not make sense to do this if they are trying to get us all through in 72 hours.  A half percentage more could mean hundred thousand dollars, etc.  Could be different incentives with each bank.  
  • Bond deal process over the weekend in anticipation of this going Monday.  SKR’s on Monday and Tuesday anticipating money being wired on Monday /Tuesday.  that has not happened yet. 
  • Contract rates:  will be some for the general public.  They have lowered the cap/maximum anyone can exchange from 50 million dinar to 20 million so more people have access to the contract rates.
  • Exchanging:  Call the location first.  Seems many of the airport exchanges are now inside security. 
CLOSING STATEMENTS:

PAM:  Remind you, you can Google, search Internet for Zim currencies.  Find pictures by googling images to see what you have.  Remind you we are here.  You know more than you think you know. Relax. Be flexible.  Think about it you’ll know what to do.
RAY:  I’m just going over to “finally going to see it Friday.” But enjoy Thursday.  Be on the look out!  Be ready!

TONY:   I think everything is great.  We’re in a great positon.  Telling them budget fully published even though parts left off.  . . 17 items won’t be made public until RI takes place. . . not to give people a heads up. . . along with that, banks notified people to be on alert.  In Iraq telling their people hold on, . wait. It’s about to happen. . . this week. . . You’ve been here long enough to know when there week ends and begins. They’ve told them this before.  Inside people we talk to are looking for this between today, tomorrow and Sunday.  Everyone projecting pushing towards that.  Looking very good in the next 72 hours for this to happen.
Payments to Kurdistan to go out today.  Waiting for RI to pay people there monthly salaries.  That time is here.  De dollarization taking place.  They stopped auctions since last Tuesday.  No money coming in.  Changing bank procedures.  It’s why CBI not selling currency any more on a daily basis.  This is all telling you this is about to happen. 

Enjoy your day.  Anything happens we will tweet it out.  Not planning on being here Friday.  That’s a BIG hint.  Not planning on it!!!

TNT CC NOTES, 25 FEB

2-25-15 TNT DINAR CC (Notes by Adept1):
Replay 805.399.1500, PIN CODE 409029#
http://events.instantteleseminar.com/?eventid=66440145

http://ds1.downloadtech.net/cn1086/audio/941811237271339-001.mp3
Tony:  Good morning, TNT!  Today is Wednesday, February 25, 2015.  Glad to see everyone is here on this fine morning.  Someone told me last night that they know what I would say:  I never expected to be here on this call today, thought it would be done and over with by now.  I don’t know if DC can be on the call, because he is tied up with meetings.

I will give you the facts, east to west, and we might get a little more in depth. The fact is that we are not at the bank.  Yesterday you saw the budget was fully publicized. We got the same information:  it is fully publicized, and it was signed off two weeks ago.  We had a guy who actually walked over, took a look at it, and said this:  Just reviewed the Budget that was published today.  We are getting closer.  It is not yet complete. At least the portion put out for the public today was not complete.  The number of subsections that are not publicized is down to 17 – they have been signed off, but not put out for the public yet. Sections not published include the HCL, tariff law.  Articles say they want it to take effect by 1. March, but it’s not publicized in this Budget, even though the Budget itself has been signed off.  These sections could come out any time between now and Saturday.”  It could happen at any moment.

On television, they are telling the Iraqi people that this will be completed this week, and that is all we can really go by.  They also told them that when the banks re-open, they can exchange their currency at the new rate.  Our guy on the ground says that no banks are open in Baghdad at all, although a few are open in Kurdistan.  They are scheduled to open tomorrow.  All we can do is go by the moment and tell you what we hear.

Our banks in the US have put their people on notice. This could happen at any moment.  It is done;  it’s just a matter of what time they will put it out.  Iraq had their meetings yesterday, and everyone is in agreement.  Iraq was supposed to get their payment today, so we wait.

In Iraq right now, they can only take out $3,000 if they are leaving the country (down from $10,000).  They cannot use dollars in-country;  they are buying stuff with dinar only, and change is only being giving in dinar.  They are de-dollarizing now.  They might be doing that for up to ten days, in which case that would be complete Thursday night or Friday morning.  Everyone is agreeing, no one is complaining.  They may be using the tariff laws as an excuse to prolong this process.  The tariff laws were supposed to go into effect 1. January, 2014, then they got an extension to July 2014.  The Budget isn’t required for the RI, the RI may be required to activate the Budget, but they are just doing a few things until the perfect timing comes in.  It could be they want this over a weekend, or Friday morning in the mosques, or 1. March, which is Sunday morning.

We know we are that close to this happen.  The rates are on the bank screens, the numbers are what they should be.  No one is depressed (apart from us). People in Iraq are voicing their opinions.  They are tired of this dragging on, as they should be… tired of being told ‘imminent, when the banks open, by Friday’, which is what they are hearing right now.  That is the update, to the minute, what is being said.  There we go.

239 caller:  First time caller, long time listener.  I am so confused about the zim and what I’ve been reading.  There was an article that Zimbabwe was allowing one dollar for 35,000 zim, but there are also rates of $0.05 to 0.16, and then DC said that the rate was four times what he thought it would be.  I don’t even know what the symbol will be!  Can you straighten out some of my confusion?

Tony:  You are not the only one who is confused.  We dug into this yesterday so I can answer some of these questions.  However, if I answer these questions, you will not be able to afford the zim 30 minutes from now.  It will probably quadruple in price,  Are you sure you want me to answer?

There are four codes:  ZWL, ZWN, ZWRa... there are three different rates on the various codes.  They are trying to go back ot their own currency, and they set a different rate to exchange each of those currencies, when the time comes.  You can do the math yourself.  If 35,000 = $1, you know exactly what it should come out to.  If they take off extra zeros, you can do the math.  Last fall, IMF put out a document saying they would revalue the Zim in January 2015. They were supposed to do it in January 2014, and then in July 2014.  Articles came out yesterday saying that they actually did it, and some banks said that it is on their screens.  Some took it off their screens because they don’t know what to do with it – they think it’s too much and they will try to change it.   I know one person who has actually exchanged their zim.

Caller:  What are they actually looking up on the screens?

Tony: This is what I was told by the bank person yesterday:  If you ask for the wrong one, they will not process, or you will get the one you asked for.  The 2008 notes will fall under the ZWN or ZWL.  Pam says that this is One-question Wednesday.

Caller:  I’m a first-time caller, Pam.  If you cannot exchange zim at a bank, will I have to go to a banking exchange place or investment house?

Tony:  If a bank won’t take it, put it into an investment company and they will figure it out and make it happen.  They want your money.

574 caller:  Are there contract rates on all four currencies?

Tony:  Not so far as I know.

707 caller:  It seems like this is slipping away again.  We were supposed to see something on the 22nd, and that has passed.  Is there any moral pressure that China can get this done?  Where is the accountability to get this done?

Tony:  It does seem like one excuse after another, but there has to be a reason for it. The other countries aren’t upset, so there must be something behind the scenes.  Parliament met and the other groups came back.  They wanted Parliament to be all on the same page.  They needed 7-10 days to de-dollarize. Could it be they needed the lower denoms to be delivered? They had a training day yesterday so that all the Iraqi banks know how the exchange works. It could be something totally different.  They are saying this will happen sooner rather than later.  They are saying ‘by Sunday’, that this will be done. They have said that before.  The latest thing is that ‘when the banks open you will have a revalued currency’, and apart from three banks in Kurdistan, the banks haven’t opened yet.  How long can they hold up the economy?  If I thought it was an extended period time, I would be just as upset as you are, but everyone is saying “this is about to happen”, including our banks being put on alert again.  This is not just us but their entire country.

Caller:  You have said that after the fact [can’t hear] it was supposed to go on Friday  and Saturday, but it didn’t.  Do you know anything in advance of Friday’s call, about today?  What is your source of information?  How do you know?

Tony:  Someone tells me.  The bank says “this is when we are gearing up for” or someone in Iraq says, “it should be this time”.  I get it from a bunch of sources.  I got a phone call this morning and was told the timeframe.  If I say it more exactly, it may not happen and/or someone might get pissed off and it won’t happen then. They had meetings at 11pm last night, and they thought something would happen at 7am this morning.  It didn’t happen, but it could happen in an hour from now.  I think it will be a little longer than that.  I don’t know why it didn’t happen at 7am.  Certain people say they need it done by X time, and could you do it?  Yes, and Iraq will pick the time.  By the way, we are back to one call after this pops.  We’ll see.

423 caller:  I left my notes in the office.  I only have one question but I want to say something.  “Idiots” means unknown, as in idiopathic, or of unknown cause.  So ‘idiots’ just don’t know.  It’s not something bad.  Now, my question is about trusts.  We would love to hear RayRen talk about trusts.

Tony:  We were talking about that the other day, and he wants to do some classes after this happens. Why would he want to do that, once he has all that money?  Because that is what he does.

Caller:  I will email him at RayRen98@aol.com.

Tony:  I don’t think Ray wants you to broadcast that to 30,000 people.  I don’t know how he promotes his classes.  I know he has OpenMike, but that is a closed community.

Caller:  My question is this:  we want the cheese factory.  We want to play it cool.  We won’t tell the bank our total amount, and we hope the wealth manager will help us set up an MCA.

Tony:  I am not a financial adviser or an attorney, but I would set it up to have the exchanger sell at the rate I think it should be changed at.  Otherwise, I would put the money in an MCA and have the wealth manager exchange when it reaches the rate I want. He should be able to do that in his own bank, right away.

Caller:  [Appreciation]  You’ve been great, do what you want to do.

Tony:  I would like to do what I want, but Pam sends me texts to do X and Y.

617 caller:  An extension of the previous question about zim…

Tony:  ZWN and ZWR are the ones you want to ask for.  I do have the rates, but if I say them on this call, no one will be able to afford them.  After every call, the price doubles!

Caller:  Should we ask to see both the ZWN and ZWR rates?  That will help us…

Tony: Yes.  And that reminds of what I wanted to tell you.  This is how to do it.  We don’t know how this is all going to shake out, 800 numbers or call each bank, because they keep changing it.  At least two banks told their people they would be in competition with the other banks, so their rates have to be similar. They will be competition, which I don’t understand because that is creating a ball of confusion.  If they are in competition, why wouldn’t I call all four of the main banks, to see what they will offer me?  They want to do get all of us through in 72 hours, but now I need to call all four because they are in competition? Even 1% difference could mean an extra 100K!  If it truly comes out like that, sit down and think about what you want to do  because this is your own opportunity to get this right.  They could be offering different percentages or incentives.  So look at what each bank is doing.

909 caller:  I had a question about the zim and that was answered.  You would look at both screens?  Would it be better to go to an investment team than the bank?

Tony: The article was talking about the ZWL, but I don’t think anyone is exchanging that.  I think we are looking for the ZWD and ZWR.  Call one of the exchangers and give them each symbol/code and ask for their rates.  Do the same with the banks.  They want your business, so call each bank and see what they are offering before you make an appointment.  If they cannot give you the current rate, make an appointment at each bank and see what they offer you, because they are now in competition with each other.

I am telling you what I am hearing, we don’t have the package yet;  they were saying we would have four days, then seven days, and now we are back to one call.  I’m just trying to give you the options because I may not have time to tell you all this afterwards.

740 caller:  I’ve been following you for some time.  I’m wondering about the stability of our own currency, which you haven’t addressed for some time.  Some say we may lose 50% of the value of the dollar.  Would it be better to pay off the mortgage, invest in gold, etc?

Tony:  We’ve been talking about loss in value for a while, but I don’t think anything like 50%. This administration stopped the RV several times when it looked like the dollar would lose too much value.  People blamed the President when he was just protecting the US economy and the dollar.  Putting money into foreign currency is a good idea because diversity is always good.  If you have foreign currency, and the dollar does go down, then it’s better to buy dollars then because you will have more dollars when the value comes back up.  Hard assets are never wrong, so real estate and such are good.  Silver and gold are too volatile for me, although Ray won’t agree because he is a silver guy.  I like to put my money into industry  or an IPO because I can get in and get out quickly.  If you have money to pay off the mortgage AND enough to create an income, then that is great.  You want to have enough left over to invest.  So paying off the mortgage is not the best choice for everyone.

301 caller:  I have a dilemma that only someone like you can fix. If I promise Ray not to ask any questions, if you change the time of the final call, I won’t know because I depend on OpenMike to tell me whenever you change your time schedule.  He didn’t respond to my last message.  If I could get on OpenMike, and ask that question…  he can count on me not saying the wrong thing.

Tony:  So you are not on OM, and you want to be on OM.  I am right now texting Ray your phone number;  this is between you and him.  I sent him your number, and he is as bad as Pam at returning phone calls, so… Also, you can sign up for TNT tweets.

636 caller:  Easy question for you.  DC hit on this on Monday’s call with all the banks being closed and laws being passed… until Maliki is out of the country, this thing is out of the question, true or false?

Tony: False.  With all the new laws, delivered lower denoms, and they said to the Iraqi people they will see it this week. Yes, we have heard that before, but we are looking good.  Yes, there could be an other assassination, but Abadi and Maliki had a meeting and we are looking good.  Yes, I think the situation is under control.  I think everyone is agreeable once again, the Sunnis are back in Parliament, they published more of the Budget, and they cannot publicize the critical conditions until they can see this.

Caller: But Maliki is going to benefit from this, yes?   He is VP…

Tony:  The reason they wanted him to stay is so that they could deal with that later, after people have money and can buy food and such.  After everything is going in the right direction, then the new leaders can deal with him.  Pam said this is One-question Wednesday.

323 caller:  My question was answered and I’m waiting for the RV.  My brother wants to know, What is HCL?

Tony:  It’s the Hydro-Carbon Law. They came to an agreement on that months ago.  I understand they are making the payment to Kurdistan today.  If so, our chances of seeing this increase 100%.

732 caller:  I saw an article about the Parliamentary meeting.  Did the Sunnis make that meeting?  The article said they would make the meeting next Tuesday.  This date was last Monday.

Tony:  That means it was Tuesday (yesterday)

Caller:  They did make it then… great.  We’re still waiting on this to invite you to our wedding.  At least the weather should be warmer.  We are ready to move from NJ!  We are thinking of moving to Texas – warner weather here I come!

Tony:  I do have fun with Texas, but only because I like them.  Three of my intel people are in TX, and DC was the first to tell me that they take buses to the banks!

702:  After the RI, will we have to wait a long time for you to get the package and get trained before we get the information. Will the US hold this up here?

Tony:  All I know is that there is a package, we are supposed to get briefed as to how many days we can have calls for you, whether there is an 800 number or four different numbers and you should call each bank.  I know they will not give us the information until it is time, for legal reasons.  They may just tell us “it’s live, go to this website” and I’ll see you at one of the events.  As soon as it is done in Iraq, we will have the option to go to the bank or the airport exchangers right away – other countries will do this right away.  Someone in Dubai went to the airport exchanger and they just wired him his money.

954 caller:  Do we know anything new about taxes on the exchange?

Tony:  I don’t know anything new;  we’ll just have to wait and see.

208 caller:  Happy March Birthday to you, Tony!  And also to PaperBoy in March.

Tony:  Thank you.  March is my birthday month, so I can start celebrating on Sunday.

Caller:  DC said that he hoped you’d be able to post the exchange locations in the forum.  Is that possible?  Many of us would be willing to type that up!

Tony:  No, I don’t think so.  There are too many variables, too many banks… all the major banks will be doing it.  I don’t see us ever posting that, no.

Just in from Iraq:  nothing new, same as always, everything is done.  Nothing specific about the timing.  You got it when I got it, fresh from Iraq.

208 caller:  What are the pros and cons of buying currency online?

Tony:  I purchased my dinar and dong from Sterling, and other currency from ebay.  It’s what you feel comfortable.

Caller:  I have purchase quite a bit from ebay and checked them with a black light.  Will the banks care where it came from?  What about the various denominations?

Tony:  I don’t’ think they will care, especially if you  have receipts.  It’s just like if you bring back Canadian dollars or Mexican pesos from a trip.  So long as it’s currency, they will exchange it.  All the denominations will be good, just like here.  You just won’t carry the larger denominations around with you over there unless you want to buy a high-value item like houses or cars.

239 caller:  My question was answered;  I forgot to put my hand down.  [Appreciation]

Tony:  Anyone who doesn’t have a question, press *2 to put your hand down, please.

281 caller:  How is everything in California?

Tony: The sun is shining, it will be about 70 degrees – perfect day to enjoy outside.

Caller:  Bond trading and such – they have been put on 24-hour watch, and I think that is a confirmation of what you have been saying because it’s somewhat connected to our blessing.  What do you think about the connection with the RV?

Tony: We heard they were being processed over the weekend in anticipation this would go on Monday.  Many SKRs were processed as well, anticipating they would be wired out on Monday and Tuesday.  Those wires have not been sent, but they are ready to go.

Caller:  The bottom line is we win.  Blessings on you all.

Tony:  The key thing is that this is NOT weeks or months away;  it’s come down to hours and days, and that is it.  They are telling their people to get ready to go to the bank, and this is what to do when you get there.  Ray says a lot of airports now have their exchange ports inside security, so only passengers can exchange.  Call first!

503 caller:  What is your impression about the US banking system being Basel III compliant from Tuesday morning.  Is that causing interference or is it a non-factor?

Tony:  They are not even being included in the discussion.  It’s a non-factor.

Caller:  I keep hearing they want the US dollar to be asset-backed first.  Your opinion?

Tony:  I’m sure everyone wants Treasury vs. Federal Reserve notes, they wanted that last year.  Treasury notes are not the ones, fives or tens, they are country to country notes, like mortgages.  They can do that without Basel III compliance.

Caller:  Are the contract rates still there?

Tony:  I don’t know how much but they have to give you some.  DC said they will allow a max of 50 million dinar, then they lowered it to 25 million so they can spread it to more people.  Some people don’t want the contract rates because they don’t want the NDA and its restrictions.  Those are all things you have to look at and make your own decision.  No guts, no glory, but the payoff will be greater.   It’s not for everyone [holding onto your currency until the rates go up.] Hopefully it will last and you guys can take advantage.  A little learning is a dangerous thing;  unless you are knowledgeable and in there already, and look at it historically…

I’ve been here for an hour and a half, by myself.  I think everything is great.  The budget is fully published apart from the parts that will not be publicized until this happens.  They are telling their own people it is about to happen. Everyone expects it by Sunday.  We are looking very, very good in the next 72 hours.

Pam:  You can do a search on the Internet for the Zimbabwe currency and see exactly what you have. We are here, we know we are here, you know more than you think you know.  Relax and be flexible.  You will know what to do.

Ray:  Transitioning to “Finally see it Friday”, meanwhile enjoying today and Thursday.

Tony:  They are waiting for the RI to pay people’s salaries.  They have de-dollarized and stopped the auctions.  They have changed the bank procedures, which is why the CBI is not selling currency any longer.  The payment is going to Kurdistan today.  All these things should tell you this is about to happen. The time is here.  If something happens, I will tweet the good news.  I am not planning on a Friday call, but if we have to be here, we will. Enjoy the rest of your day! 

BLC DISCUSSION CHAT, 25 FEB

Central Bank starts the application of the new system of remittances and sell currency 

[tlm724] central bank, announced on Wednesday, to start applying the new system of remittances and sell the currency.

[tlm724] "the bank began on Wednesday, the application of the new system of remittances and sell the currency

[tlm724] theres the announcement of the new system

[tlm724] and denied stopped selling the dollar operations
~~
[tlm724] thats right they will still use the dollars for remittances as Shredd explained in his chat. I read another article that said the CBI will issue money orders now. Read here for remittances explaination : http://www.bondladyscorner.com/t116348-bondlady-and-admins-chat-cbi-auction-02-21-2015

[tlm724] with a commitment to the requirements of the Anti-Money Laundering Act and the Financing of Terrorism Central decided to new instructions issued in this regard.

[tlm724] they have to follow the guidelines set by the IMF and they have issued the instructions !

[tlm724] on the decision to stop the bank daily currency auction as a means Cancel selling by remittances, and cash sales will continue, explaining that he came to curb money laundering and smuggling of currency

[tlm724] they have to go by the law to get the currency, no more shady deals , the CBI is making it hard on the smugglers, counterfeiters, terrorist  etc..

~~~

Central Bank starts the application of a new system of couriers ((diff source))

[tlm724] this system does not mean that the bank will depend on the dollar in cash for the sale of banks and banking companies,

[tlm724] but will continue to sell in accordance with the new mechanism."

[tlm724] that is what you call control

[tlm724] no more my brother is a MP so I am allowed to buy 10 million at the auction and then give it to some dude on the corner to buy wepons or whatever 

[tlm724] strict control, about time too

~~~

Reform Movement: The government completed most of the program and there is hampering their work

[tlm724] confirmed that the Government of Prime Minister Haider al-Abadi completed most of the paragraphs of its government.

[tlm724] warned of the presence of trying to "disrupt" the work of the government,

[tlm724] gee wonder who that is 

[tlm724] many of the laws and legislation awaiting inclusion in the work of the House of Representatives agenda to be discussed and voted upon

~~~

Economist: stop the currency auction will reflect negatively on the Iraqi dinar

[tlm724] stop the currency auction will reflect negatively on the Iraqi dinar

[tlm724] calling on the central bank to "inject large amounts of dollar to control the price and create a balance in the local market."

[tlm724] we call on the CBI to inject the LD's ! *mission* lol

[tlm724] that the "rise of the dollar against the Iraqi dinar was the result of a lack of daily supply of the dollar in the market and as a result of a bank to stop pumping the currency.
Economists warn of the lack of control over the private banks after the cancellation of the central bank auction

[tlm724] I can't believe these economist's, surely they must see the writing on the wall, the CBI had to do this as part of the reform !

[tlm724] they need to tightly controlled its operations, especially the private banks that have not practiced banking properly

[tlm724] thats because the private banks were allowed to run rough shot ! Those days are over !

[tlm724] they need to get over it

~~~

The federal government paid 250 billion dinars to the Kurdistan region for the salaries of its staff 

[RSP1] As part of the oil agreement obligations !!

[tlm724] yep kurds aren't going anywhere ! They stayed through all of Maliki's crap and now they have a PM who is a man of action so nope kurds are in for the long haul !

ADAM MONTANA UPDATE, 25 FEB

2-25-15 Adam Montana: This week is an interesting one. The budget is 100% done, which is exactly what we want. The CBI is mucking around with their auctions... and there's a ripple effect happening right now, which will have an impact on the ISX and a lot more... but the fact that the CBI is changing things up has me asking questions, and I'm getting some VERY interesting responses.

[It appears that the budget has been passed and published in the Gazette. You have always talked about hca, budget, hcl and then rv.  Would the hcl language be covered in the passed budget or should we be looking for an explicit law that will be passed and then also published in the Gazette?] It does appear that there was HCL-specific text in the budget, but the HCL has to be passed on its own. In other words, the budget supports the HCL, but the HCL will be a completely separate deal. With any luck, it will be dealt in short order!
[Do you think the Dinar will come out at 1166 in a FLOAT?]  I don't see them doing that...  [Do you think we will have RV by the first quarter (March 2015)?  Also saw articles in regards to the HCL and wondering is this the hold-up of the RV?] I certainly hope we'll see the RV here in the first quarter, and yes the HCL is the holdup.

[The biggest news this week seems to be CBI stopping their daily currency auctions.] I love it when the CBI starts playing with things. It means they are getting ready to do something!  I have a feeling that I'll be getting some feedback here shortly, and at that time I'll do another "driveby" or formal post...With that said, I'm going to make this update short. Until that next post... hang tight, my friends! I'm just as eager as you are for some great news, and it looks like we're closing in! 

DINAR GURUS UPDATE, 25 FEB

*** 2-25-2015  Dinar Guru News Flash *** UPDATE 2 ***  Slowly but surely the guru reports are coming in and the consensus is the budget has in fact been published!  They feel the next phase is implementation--releasing funds and enacting the laws...but the steps are yet unclear.  The gurus are sorting through the intel and information as it comes to light.  After 11 years...the daily CBI currency auctions have remained STOPPED!  Everyone is waiting with bated breath to what Iraq's next move will be...stay tuned as this super exciting and interesting story unfolds! 
2-25-2015   Newshound Guru My Ladies   THE BUDGET IS PUBLISHED.  WE HAVE SOME CLARITY ON THE AUCTIONS, THEY HAVE NOT STOPPED ALL TOGETHER. THEY JUST STARTED USING THE NEW MECHANISM TODAY APPARENTLY, AND WHAT THE NEW MECHANISM IS HAS TO WITH HOW DOLLAR IS PURCHASED. THEY ARE TRYING TO ELIMINATE MONEY LAUNDERING SO YOU CAN NO LONGER JUST SHOW UP AND MAKE EXCHANGES IN CASH OR DINAR.  THEY WILL SELL THE DOLLAR AS FOREIGN CURRENCY FOR THE PURPOSES OF TRAVEL MEANING IN LIMITED SUPPLIES AND WITH A PAPER TRAIL, YOU NEED TO HAVE A WHAT THEY CALL MONEY ORDER IN ORDER TO PURCHASE ANY CURRENCY.  THE CENTRAL WILL LIMIT THE TOTAL SOLD DAILY TO 75 MILLION AND THERE WILL BE A TIGHT PAPER TRAIL. 

2-25-2015   Newshound Guru Millionday 
   [Do we know for sure the whole budget has been printed in the Gazette?]   THEY STATED IT WAS...HERE IT IS  "Number (4352) to ensure the doors of the budget disbursement for fiscal year / 2015 Iraqi Gazette newspaper published the general budget of the Federal Republic of Iraq"  BOTH CHAPTERS... THIS IS THE FORMAL SITE...THERE IT IS.

2-25-2015   Intel Guru Frank26
   They are working on the math right now and they don’t want you to see anything right now. The budget is set at $60 a barrel. Anything past $60 a barrel is going to be fantastic!   iTeam was called back from SA  for a specific role...to protect Shabbi  (in doing so you protect the budget) ...mathematics orchestrated by Shabbi.  We asked them  “Do you think the RI is in motion?”  Usually they don’t say but this time they said  “yeah...maybe.”  Please pray for them and their safety.  iTeam has told us that we have a “back-wall.”  That back-wall is a week from [Monday]. The budget is at 1166  and that’s ok because that is the only way they could open the budget ...they have to activate the laws.  We are looking for a law...the one on March 1st...tariff and tax laws...perhaps a rider to be “activated” on March 1st.  iTeam says  Shabbi will not talk...he is there to complete the budget...but it’s all contingent on the taxes and tariff laws coming out  [approximately]  1st of March.  Shabbi will have the budget retro back to January 1st once ACTIVATED.  The date and the rate will come at the same time  in the still of the night  most likely on a Tuesday or a Thursday.   Iraqi TV..on the TV...ticker tape shows they are getting ready.  [post 2 of 2]

2-25-2015   Intel Guru Frank26 
  Most alphabet agencies are still in Iraq.  The World Bank did a lot of work last week. The BIS did a lot of work this week. The CIA was in Iraq (as reported in the press) and other related agencies that protect and help out. Everyone knows what is about to happen with Iraq.  There is a UNITY in the middle east...working together. Amazing. THREE FACTORS will affect our investment.  #1 – The American Dollar going up in value.  #2 – The American Economy going up  #3 – Oil prices will go down.  All 3 occurred and helped to accomplish the mission...laws in the budget (over a thousand of them) needed to be in place to ACTIVATE the budget. The HCL is my favorite. The budget approved, passed, signed  and in the hands of the Gazette.  Forget about the dates things should appear in the Gazette.  The budget is published  and will be shown to the world at their [Iraq’s] pace. The laws are in the budget  but the budget is NOT activated. Published but not ACTIVATED [post 1 of 2....stay tuned]

2-25-2015   Newshound Guru Enorrste
   The foreign remittances issue means that dollars can still be had by locals, IF they can find foreigners who will accept the dinars in trade.  This is the crux:  getting the dinar to be accepted as an international currency.  It could be a jerky road, but I think that the CBI is convinced that there is sufficient backing of their currency to see this through.  Hold on to your hats!  The next few turns could be scary.  [post 2 of 2]

2-25-2015   Newshound Guru Enorrste
   Article:   "Experts: Central Bank faces the problem of the shortage of foreign currency and claiming to reassure customers"   Can you imagine the reaction of a local Iraqi businessman when he goes to the bank to buy some dollars and is told that they don't have any?  What else could he do except use dinars, right?  Talk about turning the tables quickly!  Sure, some will find ways to get dollars from other sources, but not nearly enough.  Eventually, and probably sooner rather than later, people will realize that they have to use their own currency.  This will stabilize the market, at which point the CBI will be in position to allow the float.  As some have suggested, they may not even make a big thing about it.  The value of the dinar will just begin to rise, and the official rate will rise with it.  Of course at some point they will have to drop the fixed official rate

S3A, TNT & KTFA CHATS UPDATES, 25 FEB

Stage3Alpha:

Oldschool February 25, 2015 at 9:13am Good morning alpha pack!!

What we still are not at the BANK!!

I have put it out there and still feel that when we hear the rumbling of a back wall date keep your eye on that date.

I have seen March 2nd over and over again.

The question is will we make it to that or will the whole house of cards fall , the HCL is key it, when we can finally see that in its whole we will be in the money shortly after.

Stay focused and keep your eyes on the prize. We really are that close!!
....
***********

R.V. / GCR February 25, 2015 the  ATVLA is the last strong arm…. then the basel 3 on march 1st

Possible exchange next Tuesday, but according to Chinese before the end of the new years...(Chinese New Year Celebration Ends Mar. 5th)

The devil cheats …so figure any time from now until the day or evan a few days after the chinese new years...Seems they are working on this now,… in order to be in compliance… the United States of America will allow Iraq to untag from the US dollar if they sign the form treaties asked for taxes

When they do this the global currency reset will take place with all countries and you will bank…. timber

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

jetdriver2 > R.V. / GCR    ATVLA?

Susan > jetdriver2   Known in the USA as FACTA. The new tax laws which went into effect on July 1, 2014 which prohibit money to be 'hidden' in foreign interests/accounts without taxation. Enforces global compliance to obstruct US citizens from doing such transactions.

Texas Rose > jetdriver2 It's what Iraq is calling FATCA...tax reporting.  This one makes no sence to me. You would think it would have been on the first list the US gave them...Now that I just typed, it does make sense, hold back for an ace in the hole stall. ah hah!  Hope they don't have anymore aces in the hole.

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

LEM FYI...hot and fresh!! ;)
2-25-2015  Frank26   Most alphabet agencies are still in Iraq. 
The World Bank did a lot of work last week. The BIS did a lot of work this week. The CIA was in Iraq (as reported in the press) and other related agencies that protect and help out.

Everyone knows what is about to happen with Iraq. 

There is a UNITY in the middle east...working together. Amazing. THREE FACTORS will affect our investment.  #1 – The American Dollar going up in value.  #2 – The American Economy going up  #3 – Oil prices will go down.  All 3 occurred and helped to accomplish the mission...laws in the budget (over a thousand of them) needed to be in place to ACTIVATE the budget.

The HCL is my favorite. The budget approved, passed, signed  and in the hands of the Gazette.  Forget about the dates things should appear in the Gazette. 

The budget is published  and will be shown to the world at their [Iraq’s] pace. The laws are in the budget  but the budget is NOT activated. Published but not ACTIVATED. 

 **********

KThompson  Isnt the hcl part of the budget law. If the budget is published then the hcl must be done. In fact tony said it was done weeks ago. Confused

Isaac > KThompson Didn't he tweet sometime last night that the budget was completely published now in public? Mtn Goat said when this happens they have 24 hours to start spending money.

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

TNT:

Iko Ward : I see all these reports on ZIM and VND as precursors to the RV. Just as we are seeing Iraq adjusting all they need to accommodate the new rate so must these other countries in the basket"
      
marlog : 
 Iko agree preparation being made for the big event

SassyD:  "GOOD things come to those that BELIEVE...... BETTER things come to those that have PATIENCE.... The BEST things are coming to those that DID NOT QUIT 
*****
KTFA:

the secret:   Hi, can someone please explain what Frank means when he says a"rider" can be used. Thank you.

**********

RickLibby:  Hi the secret; in this case the rider is to help the process move forward.

In legislative procedure, a rider is an additional provision added to a bill or other measure under the consideration by a legislature, having little connection with the subject matter of the bill. Riders are usually created as a tactic to pass a controversial provision that would not pass as its own bill.

http://en.wikipedia.org/wiki/Rider_(legislation)

**********

Strongcbm:  IMO a rider is like an addendum....something that is added to a document to say something more...

**********

Headlines Today:


walkingstick » February 25th, 2015, 9:12 am

Central Bank applies a new system of remittances and sell the currency and denies stop selling the dollar

Central Bank starts the application of a new system of couriers

Began selling the application of the new remittance system

Central Bank: start applying the new system of remittances and sell currency

Central Bank starts the application of the new system of remittances and sell the currency and denies stopped selling the dollar

Central Bank: start applying the new system of remittances and sell the currency and the health of all stop selling the dollar operations

Central Bank: start applying the new system of remittances and sell currency

**********

Pappa J: IF THESE ARTICLES DONT MAKE YOU SMILE , I DONT KNOW WHAT WILL !!!!!!

**********

HarvestTime:  How is this possible? Are we not being shown the entire picture? I thought this new mechanism of foreign remittance meant that currency would be EXCHANGABLE. Isn't foreign remittance the purchase and sale of FREELY convertible foreign currencies? Thank you team for all this amazing information!!!

**********

moneytalks1
 :HI Frank,  How can the CBI start a new system of remittances without a new rate?

***********

Frank26:
  Because they use the 1166 that we told You would be found in the budget right now.

At this program rate the 119 Trillion will never become a reality.

As we shared with You ........ Let them do the budget math so they can publicly open the budget and activate the LAWS that God willing will also activate a clause/rider that is ALSO being kept in privacy to bring forth a new rate for a new mechanism that will fund their budget/economic reform.

As we shared DO NOT look at their pace ........ Look at their amazing accomplishments.

The fact that the budget has inched this close to us is very satisfying to my TEAMS.

VERY !   KTFA   Frank

IRAQI DINAR 123 NEWS :New Mechanism Adopted for Currency Exchange, 25 FEB

Iraqi Dinar 123 News: – On Sunday, the Governor of the Central Bank of Iraq issued a statement that it is not right that the CBI is selling currency daily as ATM. He also stressed that new mechanism is planned to balance the foreign currency using the banking system, and all the banks are supporting in adoption this new method. The CBI will no longer be involved in the process of buying and selling the foreign currency, but the project of deletion zeros form the Iraqi currency is still there. The Central Bank of Iraq would take a considerable amount of time in the implementation of this program, although CBI has started working on this project.
According to the statement issued by the CBI that the Central Bank needs to empower its bank balances and to ensure the exchange rate stability and for many other projects. The CBI needs to strengthen its foreign balance with the sale and purchase of 1187 Iraqi dinars per U.S dollar and 1190 Iraqi dinars per U.S dollar. The Central Bank has set a plan with the cooperation of other banks to generate possibilities for expansion in the capacity building for foreign trade, and all the previous instructions will be override with this new mechanism.

MY LADIES UPDATE : "THINGS ARE GOOD, VERY GOOD ", 25 FEB

MY LADIES: A GOOD WEDNESDAY MORNING TO YOU ALL

THE BUDGET IS PUBLISHED http://www.moj.gov.iq/uploaded/4352.pdf

I'M OFF TO LOOK AT IRAQ TO SEE WHAT'S GOING ON

SAGER -: Good morning! Another day without auctions... Very good!  ML the way I see it is, until they actually start to distribute the funds, I'm ok. If they start funding and they haven't re priced, that's where I'll start to wonder.Things are looking great

Dxxx: ONE MORE DAY NO AUCTIONS WOULD BE GETTING I HOPE US VERY CLOSE

kxxxx M: I believe they have 24 hours two start using the money and laws
....
 Dxxx: Don't believe they can back pedal this time on the tariffs

 Dxxx: Wow 24 hrs Kxxxx?

 Dxxx: Is that 24 from something U read?

MY LADIES: CORRECT Kxxxxx BUT BE CAREFUL WITH WORDING, FUNDING IS NOT CORRECT …IN 24 HOURS THE BUDGET IS OFFICIAL AND OPERATIONAL, COMMON SENSE TO BE OPERATIONAL YOU NEED MONEY IN AND MONEY OUT

SO 24 HOURS TO FUND IS CORRECT BUT CAN BE CHALLENGED ON THE WORDING.

kxxxx M: they got to use dinars to pay the debts now

MY LADIES: WELL THEY ARE SUPPOSE TO USE DINAR, BUT REMEMBER THE EEL IN YOUR POCKET..LOL..IRAQ IS SLIPPERY..SO LETS JUST WATCH WHAT HAPPENS NEXT..I'LL BE BACK IN A FEW, LET'S SEE WHAT I FIND.

MY LADIES: OK SO HERE WE HAVE SOME CLARITY ON THE AUCTIONS, THEY HAVE NOT STOPPED ALL TOGETHER. THEY JUST STARTED USING THE NEW MECHANISM TODAY APPARENTLY, AND WHAT THE NEW MECHANISM IS HAS TO WITH HOW DOLLAR IS PURCHASED.

THEY ARE TRYING TO ELIMINATE MONEY LAUNDERING SO YOU CAN NO LONGER JUST SHOW UP AND MAKE EXCHANGES IN CASH OR DINAR.

HOW MANY OF YOU HAVE GONE TO THE BANK TO BUY DONG,?   YOU DID IT THROUGH YOUR ACCOUNT RIGHT. WITH SOME SORT OF PAPER TRAIL OF WHERE THE MONEY WAS COMING FROM RIGHT?

WELL THE SAME IS HAPPENING HERE.

THEY WILL SELL THE DOLLAR AS FOREIGN CURRENCY FOR THE PURPOSES OF TRAVEL MEANING IN LIMITED SUPPLIES AND WITH A PAPER TRAIL, YOU NEED TO HAVE A WHAT THEY CALL MONEY ORDER IN ORDER TO PURCHASE ANY CURRENCY.

THE CENTRAL WILL LIMIT THE TOTAL SOLD DAILY TO 75 MILLION AND THERE WILL BE A TIGHT PAPER TRAIL.

WE HAVE THE SAME SYSTEM IN PLACE HERE IN THIS COUNTRY.

 Consultant Abadi: a central bank in the sale of money orders to prevent money laundering [audio]

Wednesday, February 25, 2015 13:01

 He attributed the appearance of Mohammed Saleh, adviser to Prime Minister Haider al-Abadi for Economic Affairs, a CBI limited auction for the sale of currency through remittances only to prevent any process of money laundering, trade and speculation. "

 Said Saleh told all of Iraq [where] that "currency auction at the Central Bank did not stop, but the mechanisms Ngiller became cover financing traders requests for Astiradthm of foreign currency carried out through banks which that meet these demands because it is a legitimate and well thought out and well-known destinations applications without the need for cash for the auction."

 He added that "the action was merely regulate the mechanisms of action did not stop the auction, but the foreign currency remittances through processing and there is a section for the registration of banks cash in dollars for the purposes of tourism and travel."

 The Deputy Governor of the Central Bank of the former, "the continuation of the monetary policy of the Bank and to maintain the purchasing power of the Iraqi dinar and at the same time distant trade for speculative financing and money laundering."

 The Iraqi Central Bank announced today the start applying the new system of remittances and sell the currency ", denying reports about" Stop selling the dollar operations. "

 The source familiar with the bank, said to [where] on Tuesday, that "the coverage needed banking offices, community and government banks of currencies will be through money orders only," adding that "this decision is not contrary to what was stated by the budget bill for 2015 Select auction amounts to 75 million dollars. "

 The source indicated that "the move is part of the Bank's policy to maintain the stability of the Iraqi dinar exchange rate against the dollar has been preceded by a step to reduce the volume of sales in the auction."

 The Central Bank of Iraq sells in previous years, sums up to billions of dollars a month, but decreased significantly in the past few weeks where he sold more than $ 2.8 billion in the month of January 2 Almadi.anthy

http://alliraqnews.com/2011-11-25-01-42-40/48-2014-06-14-07-47-45/168313-2015-02-25-09-51-28.html

**********

kxxxxx: so they are planning to use the dinars for they currencies and it will be as strong as the usd

MY LADIES: WELL THAT IS THE PLAN Kxxxxx, BUT LET'S WATCH

Dxxx: Hmmmm so they can still do an auction of 75 m

kxxx: mary or nova so when this goes in effect  at first is the dinar peg to the dollar an then when the basket come out it will be peg to the sdr so if this is the case it will start 1 to 1 ?

NOVA: It Will Not Sir!!!!

NOVA: People This Is How It Is Done Here!!! This Is Still Wonderful News!!!!

JP: Mary, IF the “slippery eel in the pocket” causes a delay in the next 24+ hours, it stands to reason that if would be because financial safety protocols.  Does that make sense? (I know, I know … “reason” may not be synonymous with Iraq!)

JP: I just believe we have come to the “Jerry McGuire” moment!!

JP: I’m looking to the funding of the budget at something other than a program rate.  I do realize that there is some speculation or regulation that says it is to be funded 24 hours after its publication but I’m not holding my breath. I was just speculating concerning what would be the possible delay at this point or is it just that the process continues and we don’t know how many pieces yet need to be put together?

MY LADIES: JP.... CORRECT THE PROCESS CONTINUES...AS I STRESSED EARLIER SO NOT BE CALLED ON THE CARPET FOR INACCURACIES, THERE IS NO WORDING IN THE CONSTITUTION THAT SPEAKS TO FUNDING THE BUDGET PER SAY.

HOWEVER IT IS IN THE CONSTITUTION THAT AFTER 24 HOURS OF PUBLICATION IN THE GAZETTE ANY PRINTING BECOMES LAW.

SO FOLLOWING THAT IT IS REASONABLE TO ASSUME THE BUDGET IS LAW IN 24 HOURS FROM LAST NIGHT.

WITH THE BUDGET BEING LAW IT IS REASONABLE TO ASSUME THEY WILL NEED TO GRADUALLY BEGIN FULFILLING OBLIGATIONS IN THE BUDGET

IT IS UNREASONABLE TO ASSUME THAT THE ENTIRE AMOUNT OF THE BUDGET WILL BE FUNDED IN 24 HOURS AS IT IS A 52 WEEK BUDGET, SO IT HAS MONEY IN AND MONEY OUT CONTINUOUSLY.

BUT IT IS REASONABLE TO ASSUME THAT SINCE THE ENTIRE REVENUE OF THE BUDGET IS BASED ON OIL THIS TIME THAT THERE WILL NEED TO BE A CONVERSION RATE FOR MONEY COMING IN BEFORE THEY CAN BEGIN SENDING MONEY OUT.

NOW I DO NOT WANT ANY OF US TO GET STUCK IN A 24 HOUR WHEEL SPOKE BECAUSE THAT IS NOT WRITTEN ANY WHERE.

BUT WE DO KNOW THAT THE MONEY IN NEEDS TO HAPPEN REASONABLY SOON.

 DO WE ALL UNDERSTAND THIS NOW?

kxxxx ML: IF THEY VOTE THE LAWS IN WE NEED TO SEE THE MONEY FRIST…. CAN THEY HIDE IT TILL THEN ?

MY LADIES: Kxxxx I ASSURE YOU 100% THAT NO ONE IS HIDING ANYTHING..

IRAQ IS A COUNTRY MY FRIEND NOT A GAME OF HIDE AND SEEK...LOL..

ALL THIS CHATTER OF HIDING AND SMOKE AND MIRRORS AND COPS AND ROBBERS AND COWBOYS AND INDIANS IS JUST DINAR FANTASY AND DRAMA

THEY ARE SHOWING US EVERYTHING WE NEED JUST TO KNOW WHERE TO LOOK AND PUSH ALL THE HORSE FEATHERS ASIDE TO SEE IT.

THINGS ARE VERY GOOD ...VERY VERY GOOD...
MY LADIES: HERE WE GO, THIS SPEAKS TO WHAT I JUST SAID, MONEY IN AND MONEY OUT AND THERE IS EVEN A LINE IN THE BUDGET THAT SPEAKS TO BARTERING AND BORROWING LET’S HAVE A LOOK.

Government between financial distress and doors loans

By Mohammed Emad 2.25.2015 12:34

 Counting deputies from different political blocs that the Iraqi state is not bankrupt, and in front of her several options to fill the shortfall in the payment of salaries and entitlements of some state institutions through external borrowings and internal, as opposed deputies from the Kurdish component on the unfairness of the government that money distributed arguing that the central bank has strong balances and through him the government would be able to bridge the current financial and temporary shortages.

http://www.khabaar.net/index.php/permalink/43040.html

kxxx M: SO WE NEED THE OIL TO HIT 60 + TODAY THEN THEY CAN USE THERE DINARS TO PAY

MY LADIES: Kxxxx YOU LOST ME, WHY 60+ AND THE OIL IS ALWAYS SOLD IN DOLLARS...

THEIR BUDGET IS WRITTEN FOR $57 AND ANYTHING ABOVE THAT IS EXTRA FOUND MONEY THAT CAN GO TO THE DEFICIT.

 jxxxx: they're not broke ... they just need to value their currency

kxxx: THE BUDGET NEEDS 60 TO WORK THAT IS IN THERE BUDGET…DID I MISS SOMETHING WHEN I READ IT

MY LADIES: NO KEVIN I STAND CORRECTED $56 IS IN THE BUDGET

Number (4352) to ensure the doors of the budget disbursement for fiscal year / 2015

 Iraqi Gazette newspaper published the general budget of the Federal Republic of Iraq

Number (4352) to ensure the doors of the budget disbursement for fiscal year / 2015

The new issue of the Iraqi Gazette number (4352), and included separating the first estimate of the federal budget for the financial year / 2015 revenue of $ (940,483,641,39) ninety-four thousand and forty-eight billion three hundred and sixty-four million one hundred and thirty-nine thousand dinars .

 The general director of the Iraqi facts circle Hussein punitive, the newspaper included the publication of the income earned from the export of crude oil at a rate of (56) and fifty-six dollars per barrel and the rate of export of (330,000,0) three million three hundred thousand barrels per day, including (250,000), two hundred and fifty thousand barrels per day on the quantities of crude oil produced in the province of Kurdistan and (300,000) and three hundred thousand barrels per day from the product quantities of crude oil in the province of Kirkuk, to contribute to all the revenue actually income once the public treasury account.

He added that the second chapter of a dedicated budget of expenses and the deficit in the fiscal budget for the 2015 law, stressing that the total deficit planned for the budget was (254,140,654,10) twenty five thousand four hundred and four dollars and sixty five million Aravamaúh and ten thousand dinars

http://www.moj.gov.iq/view.1420/

kxxxx: TY MARY  BUT WE WILL SEE 60+ AT CLOSING BELL AN WE WILL SEE A RI BY MORNING …IMO

MY LADIES: OK Kxxxx  GREAT!! FROM YOUR MOUTH TO SOME ONE IMPORTANT EARS...

ALL RIGHT EVERYONE I'M BEEN LOOKING AROUND IRAQ AND THERE IS JUST DOZENS OF REPEATS OF THE SAME THING...

WE HAVE WHAT WE NEED THE BUDGET AND THE AUCTIONS AND NOW WE JUST WATCH AND WAIT.

IN THE MEAN TIME I HAVE STUFF TO DO SO I'M OUT.. THANKS