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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, February 28, 2015

OILRAT, R.V / GCR & TNT CHAT UPDATE, 1 MARCH

Just spoke to one of my sources and he says a "Rider" to the budget (amendment to the original rate of the budget) should come out tonight, tomorrow or at the latest Monday......everything else is done (laws, HCL, etc.) and will be announced right after the RI/RV.....everything looks great folks.....stay positive folks, we are at the finish line.....JMO

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From TNT:
Robert001 : Big dinar holder banker and lawyer here in Central Texas were called by their banker in Houston and told to be at the bank in the morning to exchange

Desmo: Robert... Friend of yours?

Robert01: Yes...very notable people around here

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R.V./GCR:   February 28, 2015 at 7:39pm

Basil 3 on March 1

The Feds will turn over the Basil 3 contract to Congress on March 2

Congress convenes on Tuesday, March 3

This should be the trigger mechanism that witnesses the release of funds so the New Republic can stand up and operate

The TONA will then be in effect – no lawyers in Congress unless they surrender the BAR license

When ADM signs, the groups start

ALREADY BLESSED, BEN W. & MILLIONDAY UPDATES, 28 FEB

Already Blessed:  TONY AND DC ALREADY TOLD YOU THAT IRAQ SPENT EXTRA TIME AND EFFORT TO MAKE SURE THAT THEY COULD CONTROL WHICH AREAS AND BANKS WOULD GET THE $$$$ ....

MOSUL IS A TERRIBLE SITUATION BUT IT IS NOT A DELAY!

TONY SAID - 5PM EST SAT - EVERYTHING IS STILL GREAT - NO PROBLEMS - JUST WAITING! AS USUAL, IF THERE ARE ANY SIGNIFICANT CHANGES....HE WILL SEND OUT A TWEET!!!

BY THE WAY....TONY JUST RECEIVED CONFIRMATION THAT BANKS WILL BE ACCEPTING THE 5O IQD NOTE AT FULL VALUE!!! TNT


2-28-15 Ben W.
: My private Contacts from Iraq. THERE ARE NO MORE DELAYS. EVERYTHING IS STILL UP AND STANDING. IRAQ CANNOT DELAY ANY MORE. DON'T BELIEVE IDIOTS. WE STILL GOOD. 


2-28-15 Millionday: [Do you think our back wall is now pushed back 60 days to get the 50's in?] NO I JUST THINK THAT THEY ARE BEGINNING TO REDENOMINATE PER THE REPORT WE HAD TODAY ... TO REMOVE THE THREE ZEROS IS WHAT WAS SAID AND THE LACK OF USE OF THESE THAT WERE FROM THE 2003 SERIES ... JUST A FIRST STEP.

BLAINO UPDATE FROM PLANET DINAR FORUM , 28 FEB

From Blaino/Planet Dinar Chatroom:

"REVALUATION WARNING”!! IMPENDING POSSIBILITY OF RAPID MOVEMENT GOING FORWARD. THIS IS AN OFFICIAL PLANETDINAR ANNOUNCEMENT REGARDING THE POSSIBLE REVALUATION OF THE IRAQI CURRENCY, THE "IQD" OR "IRAQI DINAR"

THERE IS A COMPLICATED BACK STORY HERE INVOLVING GROUP AND EARLY CASHOUT OR "EXCHANGE OPPORTUNITIES", HOWEVER CHOOSE TO BE A PART OF THE SOLUTION AND NOT HASSLE THE BANKS, THERE IS NOTHING AT ALL THEY WILL TELL YOU! THANKZ FOR HELPING OUT! :::::

THIS ANNOUNCEMENT WILL ADVISE THE READER THAT PLANETDINAR.COM AND THE INTEL TEAM THERE HAVE DECLARED A "REVALUATION WARNING" AND INCREASE THE DINARICON ALERT LEVEL TO 5, OUR HIGHEST LEVEL!::::::

THE INTENT OF THIS WARNING IS TO ADVISE CITIZENS OF THE PLANET, DINARIANS ACROSS THE CHAT-O-SPHERE OR ELSEWHERE IN THE DINARIVERSE THAT CONDITIONS ARE NOW ESCALATED TO "FAVORABLE" FOR A REVALUATION TO INITIALIZE FROM THE MOMENT OF THIS ANNOUNCEMENT AND GOING FORWARD UNTIL REVALUATION OCCURS OR THIS WARNING IS CANCELLED BY PLANETDINAR.COM.

 A WARNING IS A TIME DURING WHICH "MOST" CONDITIONS ARE FAVORABLE FOR A REVALUATION TO OCCUR AND THAT OCCURANCE CANNOT BE RULED OUT BEYOND A REASONABLE DOUBT.

WE ARE ARRIVED AT THAT PLACE IN THE CHAIN OF EVENTS WHERE A REVALUATION COULD HAPPEN AT ANY TIME, HOWEVER WE FEEL STRONGLY THAT PLANET INFORMATION SERVICES WILL HAVE ADEQUATE OPPORTUNITY TO ADVISE YOU OF THE APPEARANCE OF THE REVALUATION.

BLAINO HAS AUTHORIZED THIS REVALUATION WARNING TO ALERT CITIZENS TO THE IMPENDING POSSIBILITY OF RAPID MOVEMENT GOING FORWARD. GOD BLESS YOU AND KEEP YOU

JCR3758 TWEETS, 28 FEB

JCR@JCR3758 :Some stand around watching the pot boil. Others are busy setting the table for the food we are about to enjoy. Get ready for the blessing!

JCR@JCR3758 :The process is alive! Get ready to enjoy it! Some need to start with a positive mental attitude. I don't discard today without living it.

JCR@JCR3758 :The two most important steps in a marathon are that first one and the last one. Requires preparedness and persistence. Never give up!

BLAINO & ZAP UPDATE , 28 FEB

 [Blaino] HUGE NEWS OUT OF IRAQ, CONFIRMED, WILL REQUIRE ACTION FROM MOST IQD HOLDERS METHINKS..... OPEN CC, FEEL FREE TO SPREAD THE WORD..

[Blaino] TEXT: EMRGCY CONF CALL,BODY: 3:30 EASTERN 530-881-1300 1ST PIN:568232# 2ND 404202# PLEASE SHARE...
CONFERENCE CALL INFORMATION:
TIME: 3:30 PM EASTERN TIME TODAY!
CC DIAL IN NUMBER:530-881-1300
FEEL FREE TO BRING YOUR BRIDGE!
 PIN CODE: 568232#
2ND BRIDGE: 
(PLEASE FILL 1ST BRIDGE FIRST, THANKS)
CC DIAL IN NUMBER:530-881-1300
2ND PIN CODE: 404202#
 
THIS CALL PERTAINS TO CERTAIN CHANGES IN VALUE OF CERTAIN IQD NOTES, YOU DON'T WANT TO MISS THIS!
WE WILL TALK  ACTIONS, STRATEGY AND SAFETY. 
MISSING THIS CALL COULD COST YOU $$$$$

*****
ZAP: "FIRST OF ALL, GLOBAL PROCESSES IN MOTION HAVE COME TO A HEAD, AND THE RELEASES OF MAJOR FUNDS FOR REDEMPTIONS OF HISTORIC ASSETS, THE RV, AND VARIOUS PROGRAMS ARE ALL SCHEDULED NOW TO START IN THE FIRST WEEK OF MARCH NOW THAT THE CHINESE NEW YEAR IS REALLY OVER." 

DINAR GURUS UPDATE, 28 FEB

2-28-2015   Newshound Guru Breitling  2.  This tells us that instead of coming out at a certain rate, they are going to float it up little by little.  3.  They are going to get more notes out of the market by doing this.  The wealth that WAS in the 50 dinar notes goes into YOUR dinar…that's not bad news that's good news.  The wealth of Iraq is not going anywhere it's just going to be crunched up and represented in the remaining notes.  This is the way it works with every currency…With every country if they reduce it [Their currency].  [Post 2 of 2]

2-28-2015   Newshound Guru My Ladies   MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED.  THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY’RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD. UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY. SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL...THEY ARE SENDING THESE CARDS TO 4 COUNTRIES TO START.  WE HAVE DONE SEVERAL COUNTDOWNS OVER THE YEARS, LET'S HOPE THIS OUR LAST ONE.

2-28-2015   Newshound Guru Breitling  The CBI announced they are going to retire the 50 dinar notes at the end of April…we basically have 2 months [to exchange them]
.  Is this something BAD that's happening?  NO…nothing of the sort!  This does not effect everyone, but this effects me cause I have a ton of 50 dinar notes.  Here are the 3 things that this reveals:  1.  The reason they are taking the 50 dinar note out of circulation is because it's value is so low that it's not efficient.  [Post 1 of 2 stay tuned for important points two and three coming shortly]

2-28-2015   Intel Guru Jester 
   WE BELIEVE THIS THING IS CLOSE. WHEN SUNDAY ROLLS AROUND I AM HOPING TO BE ABLE TO UPDATE YOU ALL QUICKLY ON WHAT WE ARE HEARING...IT MIGHT TAKE SOME TIME FOR US TO SEE IT... BUT I AM BETTING WE WILL HAVE A GOOD IDEA...

2-28-2015   Intel/Newshound Guru tman23
   AS FOR ANYONE SAYING THAT HERE IN THE USA THEY WILL STILL HONOR THE 50 IQD NOTE EVEN THOUGH THE CBI SAYS THEY NO LONGER WILL.......WELL THAT JUST ISN'T SO.....AND IF THEY SAY IT IS THEN ASK THEM IF THEY WILL EXCHANGE SOME OLD IRAQI SADDAM NOTES!

2-28-2015   Newshound Guru Kaperoni   Article quote:  "...the 50 dinars born "dead" because they are too small and can not be accepted compared to other groups."   [I take this as just more confirmation of good things to come and it has started.]  I do agree..and the time limit of only 60 days seems to tell me that they wanted to get this over with quickly so they can pursue that new policy Quote: "A source in the CBI told the "term" that "the Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last.I think the very fact that they mention deletion of zeros as a possible reason in this article implies that process is coming sooner than later.  Especially when they are only providing 60 days to redeem [...if an initial revaluation was coming first, the 50 note would definitely have value. to see it being removed leads me to believe the plan is already in place to come out with a float which means at least for a stretch of time the 50 note will have no significance and should be removed.]   ...it will come out at 1166 and rise.  Not including any correction that may occur.

2-28-2015   Newshound Guru Millionday 
  THEY HAVE BEEN WORKING ALL DAY [FRIDAY]  TO FINISH THE ENTIRE OIL AGREEMENT WITH KURDS AND IRAQI FED.  THEY HAVE STATED THEY ARE VERY HAPPY WITH AGREEMENT ON BOTH SIDES. THEY HAVE FORMED A GROUP OF KURDS AND IRAQI MINISTERS THAT WILL MONITOR THE AGREEMENT. AS WE KNOW THEY HAVE ALSOAGREED ON FINANCIAL DISTRIBUTION SO NOW THEY ARE GOING OVER THE POINTS AND ENSURING THAT THE AGREEMENT IS ALL THAT BOTH SIDES WANT AND EXPECT.   THEY ARE SPENDING A LOT OF TIME FORMING GROUPS TO WATCH ALL ASPECTS OF REFORM AND ADVANCEMENT -- IT HAS TO BE FOR SOMETHING OR THEY HAVE RUSHED AND WORKED LIKE THIS TO SIT IN A CHAIR AND THAT I DOUBT.  PARLIAMENT MEETS TOMORROW [SATURDAY] AND THE NEWS IS NOT REPORTING MUCH AT ALL BUT WE HAVE HUGE LAWS ON THE AGENDA...

2-28-2015   Intel Guru Frank26   On Sunday the 1st of March in this 2015 ...History will change in Iraq.

2-28-2015   Intel Guru TerryK
   HOW CAN THEY JUST DUMP THE 50 DINAR NOTES...IS IRAQ MAYBE WANTING US TO PANIC AND DUMP THE INVESTMENT ALL TOGETHER...MAYBE.   THINKING BACK TO THE DAYS OF KUWAIT, AND WHAT I LEARNED AFTER THAT BLESSING IS THIS...A LOT OF THINGS TO SCARE EVERYONE WAS BEING SAID.  SO IF WE HAVE THE BLESSING THIS SUNDAY WHICH IS A STRONG POSSIBILITY THEN THAT WOULD NOT MATTER...JUST DUMP THE 50'S RIGHT.

MY LADIES UPDATE: "Many Signs of Iraq About to be Internationally Recognized", 28 FEB

MY LADIES:  GOOD SATURDAY MORNING EVERYONE, WE’RE STILL WAITING.

SO MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED.

WELL THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY’RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD.

UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY.

SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL,

IT’S WORTH MENTIONING THAT THE ARE SENDING THESE CARDS TO 4 COUNTRIES TO START.
....
Rafidain Bank plans to issue smart cards for retirees in four Arab countries

Rafidain Bank, announced its intention to issue smart card, in the coming days for retirees in four Arab countries.

The general director of the bank on behalf of Kamal al-Hassani, Saturday, in a statement received by all of Iraq [where], a copy of the "most prominent Arab countries will be ready to use the smart card, the United Arab Emirates, Egypt, Lebanon, Jordan, where he will provide service to customers who rely on the card. "

He said he "has issued first smart card for retirees living in the United Arab Emirates, as the process can receive their pensions through easily and without suffering as it was in the past through the receipt manually and the case will be with the rest of the other Arab countries."

The Rafidain Bank announced on 24 January last, for issuing smart card Alki Card] Pferah in Abu Dhabi for adoption at the retired pay of there.

He said in a statement, "It has to issue the first smart cards for retirees living in the United Arab Emirates, where the process can receive their pensions and easily without suffering" .anthy 

http://alliraqnews.com/2014-06-14-07-34-14/168719-2015-02-28-04-15-22.html

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PARLIAMENT MET TODAY HERE IS THE RESULTS OF THAT SESSION

http://ar.parliament.iq/LiveWebsites/Arabic/Container.aspx?PressReleasesID=14408

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JP:  ML, I know you have mentioned Iraq is preparing to be “operational” and “international” around Sunday.  Although they carry a different emphasis and one implies timing, it seems Iraq is going to be both by crediting the 50 dinar notes to accounts on Sunday and sending the Qi cards abroad.  Certainly this is a time of high expectation!!!!!

MY LADIES: JP THAT'S CORRECT AND HERE IS ANOTHER SIGN OF THEM BEING INTERNATIONAL

MY LADIES: 
 I’M GETTING A NUMBER OF GOOD THINGS FROM THIS ARTICLE. (See Article Below)

FOR STARTERS THEY HAVE TOTALLY LIBERATED THE FOLLOWING AREAS FROM DAASH.

SECONDLY 11 ADDITIONAL SHIPS ARRIVED IN THE PORT OF UMM QASR BRING WITH THEM THE ITEMS FOR THE RATION CARDS.

SO THIS IS NOW 2 SHIPMENTS SINCE LAST MONTH WE ARE SEEING ON THE GOI BILL.

AND LASTLY THERE ARE OTHER SHIPS AT THE PORT WAITING TO UNLOAD.

THESE ITEMS CAME FROM OUTSIDE THE COUNTRY OBVIOUSLY AND ARE BELONGING TO THE GOVERNMENT NOT PRIVATE SHIPMENTS AND ARE CALCULATED IN THE BUDGET AND WILL NEED TO BE RECONCILED OUTSIDE THE BORDERS AS WELL.

SO WE HAVE ANOTHER SIGN OF INTERNATIONAL BUSINESS.
Trade believes ration materials to the liberated areas

2/28/2015 0:00

 The minister instructed passed them within 24 hours of Baghdad morning  secured the Ministry of Commerce of the ration card to the liberated areas vocabulary in the provinces of Anbar, Nineveh, Salahuddin and Diyala.

At a time when the minister Mlas Mohammed Abdul Karim instructed the finance companies in the ministry to deliver vocabulary to liberated areas within 24 hours, and reached 11 a ship carrying food to the southern port yesterday.

He said the administrative and financial department in the ministry director Hussain Farhan cream "morning": "The finance companies provided food items to areas drunken, Sinjar, Usefulness and Alqosh in the province of Nineveh, which was edited from terrorists" Daash "."

He noted that the minister Mlas Mohammed Abdul Karim instructed the finance companies to deliver food to the liberated areas within 24 hours.

As mentioned hilarious that the ministry is equipped with hand-Baghdadi meal the first of its food by air, and the second meal of material waiting to be shipped by air in collaboration with the security forces, noting that the areas of Anbar safe are processed smoothly through the company contracting with the ministry and there is no problem to remember in this aspect tanker.

For his part, the ministry coordinator at the port of Umm Qasr Jawad Darwish detect the arrival of 11 steamer loaded with (128) thousand tons of sugar in the United Arab Emirates and Bahrain and 150 thousand tons of rice Brazilian and US and (200) Turkish oil container and the amount of 5000 tons.

He pointed out that some of these ships were unloading the ministry's stores after the appearance of the test results that showed suitability and compliance with contractual specifications , noting that there were other ships in wait, as models of which have been withdrawn for laboratory tests on them.

http://www.alsabaah.iq/ArticleShow.aspx?ID=87764

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AW: Parliamentary Finance for "direction Press": Work remittances system is designed to control the amount of money sent abroad… Parliamentary Finance for "direction Press": Work remittances system is designed to control the amount of money sent abroad  http://aletejahtv.org/index.php/permalink/48463.html

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LM: Ok I’m just gonna say this once.  Keep the Faith Everyone

Many things pointing to Iraq becoming international:

Qi Cards giving retirees (cash) outside the country “in the coming days"...

Tarrifs and Taxes start tomorrow…

Over 11 cargo ships ready to unload and that will need to be settled in international payments...

Also, starting tomorrow, exchange of 50 dinar notes will be credited electronically into their accounts- Turning on the system...

All signs of international business (*)

And don’t forget... no auctions for almost 2 weeks and the de-dollarization that has been going on...

Parliament met today Saturday, nothing new and come back Monday. 

My bet is then they will pass all the important laws in one basket, after they became international Sunday…

Keep Praying Everyone that this is actually it!

**********

MY LADIES: 
 THANKS LM  GOOD SUMMARY...AW- THAT'S THE NEW MECHANISAM THEY'RE TALKING ABOUT, SAME SYSTEM LIKE US.

THERE REALLY IS NOTHING NEW OUT THERE, IT'S LIKE IRAQ IS SUSPENDED IN TIME

PAPERS ARE REHASHING OLD STUFF

GO OUT EVERYONE AND ENJOY THE DAY...

WE HAVE DONE SEVERAL COUNTDOWNS OVER THE YEARS, LET'S HOPE THIS OUR LAST ONE

MY LADIES

TLAR, MILLIONDAY, FRANK26 & TERRYK UPDATE, 28 FEB

2-28-15 Tlar: Everybody is putting too much stock in this article.  They are removing the 50 from circulation. Present bill is vulnerable to counterfeiting pure and simple if they raise the value of their currency.

Replacement has already been made for all other bills in circulation except the 50.  Most of the current 50  notes will just disappear and become useless in Iraq because the value is so low most Iraqi's won't bother to take them to the bank.


If an Iraq had 8 of these 50 dinar notes, he would be holding a total of approximately 40 cents.  Hardly worth going anywhere to deposit.If the US government did this exact same thing with the penny, how many of you would rush to the bank to deposit the 20 pennies you have?


So the important part of this information is not what they are doing, but rather that they have set a date where the current 50 will no longer be in circulation in Iraq (60 days starting March 1st.)  It will no longer be vulnerable to counterfeiting.They are saying the current 50 will not be used in commerce after 60 days, but you can still take it to the bank.(but they can be non-acceptance of the currency in circulation at the same time be accepted in the banking system).


Nobody will confuse the 50, with the 500.  They have different values and different looks both before and after an RV.  Whoever wrote this article did a bad job pure and simple when they wrote this.They either did not understand or they were told a crock of crap and just repeated it.The statement makes no sense. "The Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last," noting that "the central decided to cancel the deal with 50 dinars category formally instructed banks government and private bring this group to the bank in order to burn them."I think we can be very thankful that this is happening now. The currency will be 100% protected by April 30th for the first time since 2003 removing that as an excuse not to do it now by government employees still loyal to numb. 


2-28-15 Millionday: THEY HAVE BEEN WORKING ALL DAY [FRIDAY]  TO FINISH THE ENTIRE OIL AGREEMENT WITH KURDS AND IRAQI FED. THEY HAVE STATED THEY ARE VERY HAPPY WITH AGREEMENT ON BOTH SIDES. THEY HAVE FORMED A GROUP OF KURDS AND IRAQI MINISTERS THAT WILL MONITOR THE AGREEMENT. AS WE KNOW THEY HAVE ALSO AGREED ON FINANCIAL DISTRIBUTION SO NOW THEY ARE GOING OVER THE POINTS AND ENSURING THAT THE AGREEMENT IS ALL THAT BOTH SIDES WANT AND EXPECT.

THEY ARE SPENDING A LOT OF TIME FORMING GROUPS TO WATCH ALL ASPECTS OF REFORM AND ADVANCEMENT -- IT HAS TO BE FOR SOMETHING OR THEY HAVE RUSHED AND WORKED LIKE THIS TO SIT IN A CHAIR AND THAT I DOUBT.  PARLIAMENT MEETS TOMORROW [SATURDAY] AND THE NEWS IS NOT REPORTING MUCH AT ALL BUT WE HAVE HUGE LAWS ON THE AGENDA. 


2-28-15 Frank26: On Sunday the 1st of March in this 2015. History will change in Iraq. 


2-28-15 TerryK: HOW CAN THEY JUST DUMP THE 50 DINAR NOTES ... IS IRAQ MAYBE WANTING US TO PANIC AND DUMP THE INVESTMENT ALL TOGETHER ... MAYBE. THINKING BACK TO THE DAYS OF KUWAIT, AND WHAT I LEARNED AFTER THAT BLESSING IS THIS ... A LOT OF THINGS TO SCARE EVERYONE WAS BEING SAID. SO IF WE HAVE THE BLESSING THIS SUNDAY WHICH IS A STRONG POSSIBILITY THEN THAT WOULD NOT MATTER...JUST DUMP THE 50'S RIGHT.

KTFA, S3A & I4U CHATS UPDATES, 28 FEB

KTFA:

briscom wrote on February 28th, 2015, 12:05 am: Mr. Frank: How do you feel after a week with "no auctions?" Do you still feel like 'fainting' brah? Love ya.

Frank26
: Ah yes indeed Sir ......... Still Dizzy I may say.

IMO ....... When they tell You they will sporadically hold auctions I find that to be a cover up to not explaining why there are none.

Hmmm.
....
MONDAY'S CC will be absolutely Goodderer. The cooking went very well. Can You smell the ambrosia of our sharing to come? With kind respect to "others" forums ........ You are welcome to come as we share our studies with all.

MONDAY CC's are packed with info. Wait till You see how we open up the MONDAY'S CC.

God's Blessing on all of KTFA.    Frank

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walkingstick » February 28th, 2015, 12:23 am

Parliamentary Finance for "direction Press": Work remittances system is designed to control the amount of money sent abroad
27/02/2015 01:26 |

Parliamentary Finance Committee revealed that the work of the Iraqi Central Bank remittance system and sell the currency is designed to control the amount of money sent abroad.

Said committee member Najiba Najib said in an interview for "direction Press" that the system preclude any party from exploiting the situation the current security of the country and to control the exchange rate a way that would support the budget and cover the deficitindicating that the system is a way to curb money laundering.

It is said that the Iraqi Central Bank announced an auction system to stop working and start currency remittance system. Indicating that the move contribute to the stability of the Iraqi dinar exchange rate against foreign currency through the optimal use of foreign exchange resources to meet the needs of all and not the central occupancy of functions which are at the heart of the work of the banking system, while adhering to the requirements of anti-money laundering and the financing of terrorism and smuggling of currency law, and the governor Iraqi Central Bank on the Keywords announced that it is not true that the central bank remains preoccupied with selling the currency.

http://aletejahtv.org/index.php/permalink/48463.html

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Stage3Alpha:

wilbur grodan February 27, 2015 at 11:05pm  MONDAY = whole new ball game

Sem February 27, 2015 at 10:43pm Nothing needs to be signed.  Got word that part all done.  Nothing needs to be signed other than exchange papers

IP > Sem February 27, 2015 at 10:51pm Thank you for that confirmation. I feel at peace today, absorbing all the great news that came in. I even shed a little tear when I read that AngelQuest post. :-) We are truly there

Christopher  > IP  Love AngelQuest She is as good as they come.  I was thinking of Studley, sweetqueen, bellagrits, freeway bill, and jonnywg today too.. All seasoned vets of the cold currency wars.. Godspeed Studley, you have been greatly missed.

Mira > Sem February 27, 2015 at 10:49pm Thanks, jibes with Colonel Fisher's call. Rings true.

**********

I4U:

[highlander65] ZAP: "FIRST OF ALL, GLOBAL PROCESSES IN MOTION HAVE COME TO A HEAD, AND THE RELEASES OF MAJOR FUNDS FOR REDEMPTIONS OF HISTORIC ASSETS, THE RV, AND VARIOUS PROGRAMS ARE ALL SCHEDULED NOW TO START IN THE FIRST WEEK OF MARCH NOW THAT THE CHINESE NEW YEAR IS REALLY OVER."

ZIMBABWE INDEPENDENT NEWS:The Ritesh Anand: Zimbabwe an awakening giant don’t be caught napping, 28 FEB

February 27, 2015
Zimbabwe is “back in business” according to the Reserve Bank governor, John Mangudya. There are growing signs of optimism as investors flock to Zimbabwe in search of investment opportunities.
Ritesh Anand
Zimbabwe has remained isolated for more than decade due primarily to sanctions imposed on the country following the land reform programme initiated in 2000. The frosty relations between Zimbabwe, Europe and the US appear to be thawing though making Zimbabwe an attractive investment destination. Much has been achieved over the last year, but much more needs to be done if Zimbabwe is to play a role in Africa’s growth story.
The recently announced Monetary Policy Statement clearly outlined the challenges facing the economy, but also provided potential solutions.
I truly admire and respect the newly appointed RBZ governor for his discipline and focus on the economy. Rather than looking for external solutions, Mangudya focuses on internal solutions.
We need to go back to basics. We need to focus on the supply side of the economy rather than the demand side.
What does this mean? In a dollarised environment the supply of money cannot be controlled and the ability to stimulate growth through expansionary monetary policies are limited. We therefore need to focus on the supply side of the economy and focus our attention on becoming more efficient, more competitive by driving prices lower thereby stimulating demand.
According to Mangudya: “The major causes of uncompetitiveness of local products are the higher costs of production emanating from high mark-ups to sustain high overheads epitomised by high utility tariffs, finance charges and wages and salaries which are higher than those in neighbouring countries and beyond.”
Dollarisation exposed huge inefficiencies in the market. The cost of doing business in Zimbabwe is high due to a combination of factors as outlined above. Furthermore, the sharp depreciation in the South African rand in 2014 (Zimbabwe’s major trading partner) has made imports cheaper rendering local goods uncompetitive. These factors have led to a significant dependence on imports resulting in company closures and job losses.
“Lack of competitiveness therefore needs to be urgently addressed across all sectors of the economy,” he said.
Another factor is the low productivity from poor work ethics and the use of obsolete and antiquated equipment. Poor work ethics can be addressed through changes in the Labour Act, which is urgently required to bring Zimbabwe in line with international best practices.
Productivity can be enhanced significantly in Zimbabwe if all employees — from the private sector to the government sector, including parastatals — were committed and dedicated to hard work. In the Zimbabwe dollar era, productivity fell significantly, but went unnoticed due to hyperinflation.
People spent more time looking for basic commodities like bread, milk and sugar in order to survive and lost focus of key responsibilities. We forgot the meaning of work in our battle to survive.
If Zimbabwe is to become productive again we need to go back to the basics and focus on becoming more efficient. The means of productions, namely ageing machinery and equipment need to be modernised. Funding will have to be sourced externally and this can only happen if we create a conducive environment, not only for doing business, but for investment capital. We are certainly making progress in this area but much more needs to be done to encourage foreign direct investment (FDI).
Zimbabwe suffers from a “war of negative perception” leading to a lack of confidence, despondency and despair among many in and outside the country. Government is making significant progress in improving the investment climate and making Zimbabwe an attractive investment destination. This is clearly evidenced by the increase in the number of investor delegations visiting Zimbabwe in recent months.
Perceptions are certainly gradually improving and the war of negative perception is being won, albeit at a slow pace. Over the next 12-18 months Zimbabwe will see a significant increase in FDI flows. Government needs to continue to focus their attention on the economy and rebuilding our balance sheet.
The Monetary Policy statement is bold and decisive. Apart from doing our utmost to increase FDI, internal solutions are the key. Zimbabwe can no longer stimulate demand by increasing money supply or wages. We need to become more efficient and productive; we need to work harder and smarter and learn to compete on the global stage.
Zimbabwe is very much “back in business” and is an awakening giant. Make sure you’re not sleeping when the giant awakens! LINK

SEM INTEL FROM S3A & DINAR IRAQ & DONG VIETNAM UPDATE, 28 FEB

Nothing needs to be signed.  Got word that part all done.  Nothing needs to be signed other than exchange papers

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DINAR IRAQ & DONG VIETNAM :CBI IS PULLING THE 50 DINAR FROM THE STREETS OF IRAQ RIGHT NOW AND WILL BEGIN ON MARCH 1ST AND END APRIL 30TH.
THESE NOTES WERE ISSUED AFTER THE 2003 ECONOMIC CHANGES THAT OCCURRED — HOWEVER AT THAT TIME IN THIS SERIES THEY WERE NOT VERY USABLE DUE TO THE REFLECTED PRICING THAT OCCURRED WITH THE IMPOSED RATE — SO THE NEW SERIES WILL BE PUT ON THE STREET IN THIS CATEGORY.

THIS IS RELEASED TO THE CITIZENS SO THAT THE 50 DENOMINATION CAN BE EXCHANGED TO BE THE NEW SERIES AT THIS TIME — NO REGULATIONS HAVE BEEN RELEASED YET IN INK TO TELL CITIZENS OR INVESTORS OUTSIDE THE COUNTRY OF ANY NEW REGULATIONS FOR THE BILL OR WHAT TO DO WITH THEM ETC.


THERE ARE IRAQIS OUTSIDE THE COUNTRY AND PEOPLE THAT HAVE 50`S OUTSIDE OF IRAQ…WE WOULD EXPECT SOME REGULATION RELEASED FOR THAT — WE HAVE TO WAIT AND SEE.
******
What is happening now to the 50 dinar note already happened to the large 000 notes last year and the CBI didn’t discontinue the older versions which are the ones we hold.
So, unless their plan has drastically changed since then, I think we can safely hope the cbi won’t discontinue them before we decide to exchange them.

That said, like it’s always been, we just need to wait this out.
Additionally, if the cbi’s plan had changed, why wouldn’t they do it now along with the 50 dinar note (announcing the “old” versions of the newly upgraded dinar shall be discontinued after 60 days)?

I look at this move as something the CBI was going to eventually do any ways but I was thinking they would have done it much further down the road once a strong dinar value demanded usage of the 50 dinar note.

Seeing they are making this move now, before any exchange rate change has occurred, makes me think the 50 dinar note will have a purpose much sooner than we thought.