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Sunday, May 3, 2015

ZAP / POOF REPORT, 3 MAY

Greetings and Salutations:
POOF SAID; 

Please read:URL:
Link http://www.thrivemovement.com/unpacking-recent-economic-moves-gold-... http://www.thrivemovement.com/unpacking-recent-economic-moves-gold-...;

The on-going drama that is being enacted is just that: drama. But it is not like the TV or movie dramas you are used to. This drama is about you and your long term good, your potential and your initiative. The idea that the good will always win out is nice but does not always play out as such. You and your conscious thinking play a far bigger part than you are willing to accept. You think that you are nothing, a nobody, that you do not make a difference . What you will learn if you watch Mr. Gamble’s interview —preferably read it— you will see what one team starting with one individual who is willing to love others above himself can do. There are many thing to glean from this. You owe it to yourself to take heart. Read 
and then think about your plans and what you are about. Too many of you are self-serving . Actually that may be the real root of the problem in America! !! Think about it.
You want to know about the progress. It continues, yes, but is it definite? No. Nothing is definite because money talks. Power talks. Sabotage talks. What is said in the interview above is indeed possible: five scenarios Mr. Gamble points out could happen and all are possible . Who makes the difference . Each one of you; how you think, what you decide, what view you take and how you choose to participate in what you hold in our minds. The ‘white hats’ have been doing their jobs. Now the ‘white haired’ amongst you—and many of you are— you have been here a long time— you are seasoned and you know that faith with vision is indeed critical. Just do it! Argue, of course . But what YOU are being asked to do is minimal compared to those in the trenches. Just do it! It will take you working together to manifest one or two of those scenarios that Gamble talks about. And you are more than encouraged to join one of his teams. Join the Thrive Movement! You wonder what you can do? There is a very sensible, practical, doable answer. …P…

ZAP SAYS; 

HI ALL
THIS IS ZAP 101, AND I THOUGHT TO DO SOMETHING INTERESTING AND INFORMATIVE AND FUNNY FOR ZAP 101 SINCE IT IS SUCH AN APPROPRIATE NUMBER.
I DREW A BLANK. THE WORK IN FRONT OF ME IS SO OVERWHELMING AT TIMES, THAT IT HAS BECOME DIFFICULT TO EVEN TEAR MYSELF AWAY FOR A FEW MINUTES TO WRITE. HOWEVER, THE INTELLIGENCE STREAM THAT IS COMING IN RIGHT NOW BEHOOVES ME TO SAY A FEW THINGS.
THE ADVENT OF THE RV IS PURPORTED TO BE TODAY. IF SO, THEN THE BANKS WILL BEGIN THE EXCHANGES, AND OF COURSE ALL THE PRIVATE STUFF WILL BE DONE NOW. THE CURRENT RUMORS OUT THERE SPEAK TO AN RV VALUE OF OVER $4 A DINAR. EXTRAORDINARY.
I DO KNOW THAT MANY THINGS ARE SCHEDULED FOR THIS MONTH, BUT THIS RUMOR OF AN IMMEDIATE RV SURPRISED ME, AS MY INTELLIGENCE PUTS IT A BIT LATER THIS MONTH, NOT TODAY. WE WILL SEE I GUESS.
AS ONE FELLOW SAID:
For how many years have we read stuff like this?
J
WHO HASN’T? THE PRECESSION OF EVENTS THAT HAVE GONE INTO THIS EFFORT WERE MONUMENTAL, AND THEY STILL ARE. PLAN B IS A TAD MORE INVOLVED THAN PLAN A WAS, AND TOOK LONGER TO EFFECT. AT LEAST WE ARE THERE.
AND DIANA, THANKS FOR THE EXCELLENT PIX OF SNUFFLES AND COMPANY. REAL NICE. SNUFFLES IS SQUEALING IN JOY.
Best guess is that it's just a confusion of terminology. Zap's saying "USD" but he's not saying "FRNs". Poof told us some years ago that the Fed had been foreclosed on; we have to wonder who's been running that show since then and what changes they may already have made.
YES FED WAS FORECLOSED ON, AND THERE IS A NEW MANAGEMENT IN PLACE. WHY THE REPUBLIC THING IS FRONT AND CENTER NOW, AND THE SEATS ARE BEING TAKEN FROM THEIR VACANT POSITION FOR THE LAST CENTURY. REGARDING MY USE OF THE USD ACRONYM, THE DIFFERENCE BETWEEN THE USD AND THE FRN IS NOTHING. THEY ARE BOTH ONE AND THE SAME ANIMAL. SO YOU CAN TAKE YOUR PICK OF ACRONYM…I TOOK THE USD.
Zap said, "THE USD IS IN FACT NOT FIAT AT ALL NOW." I think that's possible, given what Poof had told us and the time that's passed since then. I would note that, even if the USD is already asset-backed, that doesn't bring any value to "derivatives", so there's still plenty of "air"
waiting to be squeezed out of the total system.
THE US TOOK IN OVER 7 MILLION TONS OF GOLD OVER TIME FROM THE CHINESE. THAT’S A LOT OG GOLD. IF YOU DID FRACTIONALIZED GOLD BACKING, YOU COULD KEEP PRINTING US DOLLARS FOR A WHILE AND STATE THEY ARE GOLD BACKED. ACTUALLY, THERE IS ENOUGH GOLD AND OTHER METALS AS WELL, TO BACK THE CURRENCIES OF THE WORLD MANY MANY TIMES OVER WITH METAL. THIS WILL HAPPEN VERY SOON AS THE RESET CONTINUES. THE METAL BACKING IS THE ONLY THING THAT CAN STABILIZE THE WHOLE SHOW AT THIS TIME.
I note also that Poof was happy when Lagarde became the new manager of the IMF. His private comment was, "She wears combat boots." :) So I'd have similar questions about the IMF - who's running that show, now? Suppose it's been in process of becoming a friendly counterpart to AIIB and we just don't now it yet?
YEAH. POOF SPOKE THE TRUTH. SHE DOES WEAR SUCH BOOTS AND MESSING WITH HER IS NOT A GOOD IDEA ON ANY LEVEL. SHE IS TOUGH AS NAILS. THE GUY THAT IS RUNNING THE SHOW IS IN BEIJING, AND CHRISTINE HAS MET WITH HIM AND OTHERS. SHE IS GRATEFUL THERE IS A PLACE FOR THE IMF IN THE FUTURE STRUCTURE, AND THE IMF WILL FULFILL ITS LONG OVERDUE ROLE. ALL I CAN SAY TO THAT.
I think it's possible there have already been a great many substantial changes that have been kept quiet specifically to keep people and markets from freaking out. Will corruption in government continue? I think in order to answer that question we'd need the answer to this other one:
"What arrests have already taken place or will be taking place in the not-so-distant future?"
Blessings.
--hobie
AND THAT IS AN EXCELLENT QUESTION. I WISH I HAD A LIST OF THE ONES THAT GOT TAKEN DOWN, AS I WOULD SEE A PATTERN EMERGE. PROBABLY WHY THEY ARE KEEPING THIS DATA SILENT. EASY TO READ. BUT CORRUPTION IN GOVERNMENT IS PREVENTING MANY GOOD THINGS FROM HAPPENING IN RESPECT OF THE RESET. TOUGH ROAD, BUT THEY ARE GETTING THROUGH IT. CORRUPTION WILL EVENTUALLY DISAPPEAR AS IT IS PHASED OUT OF OUR CONSCIOUSNESS (HAS NO PLACE ANYMORE…WE ALREADY LEARNED THE LESSONS RIGHT?). THIS IS WHY CHINA IS GETTING BETTER AND BETTER EVERY DAY AS THE ANTI-CORRUPTION STANCE OF THE GOVERNMENT IS REALLY GETTING STRONGER AND STRONGER EVERY DAY WITH MORE ARRESTS THAN YOU CAN SHAKE A STICK AT.
THE BOTTOM LINE IS THAT THIS EARTH OF OURS IS IN THE MIDDLE OF GROWING PAINS AS THIS NEW INFRASTRUCTURE IS INSTALLED, DEBUGGED, AND LAUNCHED. ALL THE FACTORS SURROUNDING THIS SEQUENCE OF EVENTS ARE FORCES WHICH ALL OF US CAN UNDERSTAND, BUT IF ONLY WE HAD ACCURATE INFORMATION AS TO WHAT IS HAPPENING AND WHY…AHHH LIFE WOULD BE SO MUCH SIMPLER.
THIS IS EXTREMELY DIFFICULT TO DRAW A GOOD MAP ON, AND EVEN WITH GOOD INTELLIGENCE, THE PIECES ARE ALL OVER THE PLACE FOR THE MOST PART. SO WHY STRESS THE DETAILS? IF YOU KNOW THE MACRO VIEW, THE MICRO COMES MUCH EASIER TO UNDERSTAND, BUT IT WILL STILL BE DIFFICULT AS THE HIGHER LEVELS ARE WONT TO KEEP SILENT ON THEIR MACHINATIONS.
IN OTHER WORDS, RUMOR IS THE ORDER OF THE DAY. AND DOING RUMOR IS LIKE PLACING YOUR FINGER IN WATER THAT IS COMING TO A BOIL (THE FROG AND BOILING WATER THING). BY THE TIME YOU FEEL THE PAIN, IT IS TOO LATE, AND YOU’RE COOKED. WHY I STAY AWAY FROM RUMOR, AND IF I KNOW SOMETHING THAT IS VERIFIABLE, I SPEAK IT (IF ALLOWED).
MANY OF US LONG FOR SUCH CLARITY, BUT SADLY WE MUST ABIDE BY THE SCRAPS WE GET FOR THE MOMENT UNTIL THE MAJOR ANNOUNCEMENTS ARE DONE. BUT TAKE HEART AND KNOW THAT WE ARE NOT FAR AWAY. MY OWN TIMINGS HAVE SHIFTED TO THIS TIME INSTEAD OF BEFORE CHRISTMAS. A FEW MORE FRIENDS HAVE DIED BECAUSE OF THE DELAYS, BUT I HAVE FAITH THAT SHORTLY ALL WILL CHANGE FOR ALL OF US.
IN THE OVERALL PICTURE, WE ARE IN SUCH GOOD SHAPE THOUGH. AFTER DECADES (ACTUALLY MILLENNIA) WE ARE AT THIS INCREDIBLE TIPPING POINT WHERE MASSIVE CHANGE CAN BE, AND ARE BEING, EFFECTED TO THE BENEFIT OF OUR HUMANITY. IT IS OUR JOB TO TAKE THE GIFTS THAT ARE BEING PREPARED FOR US, AND MAKE THE MOST OF THEM WHEN THE TIME COMES,
ALL THINGS CONSIDERED, I EXPECT VERY GOOD NEWS IN THE NEXT DAYS, AND WILL REPORT ON WEDNESDAY. I DO EXPECT RATHER SIGNIFICANT NEWS.
BUT STILL…IT IS ZAP 101, SO ONE OF THE IMPORTANT LESSONS TO ALL OF US OUT THERE THAT SPEAK, AND HAVE OTHERS TRY TO MUZZLE US, IS SUCCINCTLY RESOLVED BY THE OLD RHYME:
“SOME PEOPLE WINCE, COWER AND SHRINK
OWING TO FEAR WHAT PEOPLE MAY THINK
THERE IS ONLY ONE ANSWER FOR PEOPLE LIKE THESE
PEOPLE MAY THINK WHATEVER THEY PLEASE”
IN CEASELESS GRATITUDE.
ZAP
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
May 3, 2015
Copyright ZAP 2013-2015

KTFA CHAT UPDATE:Clarification From Frank26 on the New 50 Dinar Note, 3 MAY

KTFA:

harvestime :The 50 dinar note and the sovereign credit rating require an increase in currency value!!

This is reeeeeeally getting exciting!!! My heart is beating really fast right now!!

Thank you Heavenly Father for allowing us to be a part of this great wealth transfer. We promise to glorify You !!


Frank26:  Yes!  YEs!!  YES!!!  KTFA  Frank

tomsrunners :  So if you buy a pack of cigarettes for $5. Hand the merchant a 50 dinar note (worth 43 us) the citizen gets screwed out of $37 dinar....IMO...Impossible. The'll either come out with lower denoms or use the us dollar for change, which under article 8 the are prohibited......Makes absolutely no sense.....imo
....
Frank26:  Friend ......... DELTA meant it as a metaphor of jocularity combined with humor splashed with a sarcastic tone of ........... Makes absolutely no sense ........... Congrats ....... You got it.

KTFA  Frank...... ....... i know ...... Behave Frank....lol


**********

Blonkster : What exhilarating news this weekend. Wow. Delta, TY for you posts today. If I may offer my OPINION: New 50 notes entering the Iraqi economy = lower denoms also being released along with a rate. ALL IMO only.

**********

Frank26: Yes and no.  If it is all LDs then we see a new rate.

If it is just the new 50 they could hold the new rate until DRS says so.

KTFA   Frank

**********

harvestime: 
 Frank, if the 50 dinar is released before a rate change, don't you think the citizens would "come unglued?!"

**********

Frank26:  No.They talk to each other between 5 and 6 am daily in a religious environment .......... They know what is going on.

KTFA  Frank


**********

Excerpts From Last Monday Night KTFA CC: April 27th:



Frank26:
  Did you know that most people don’t know what Iraq is doing with the 50’s IQD notes?

Did you realize that some people think that we are actually going to make [print] a 50,000 and 100,000 note? LOL!!!!

Have you ever seen a 50,000 or 100,000 note? NO!!!!

How can we REPLACE them if they don’t already exist?
Delta explained last month very clearly … that was a MISPRINT IN THE ARTICLE!!!

There are no 50k and 100k notes … and the CBI certainly is not going to print any.

The article that was released about 2-3 weeks ago was a misprint!

Dr. Saleh said very clearly that they will have a 50 and 100 dinar note. It was part of a 4 year plan --- which interrupted because O pulled out the troops.

Please let it be engraved in your minds … Dr. Shabibi has a masterful plan with a mechanism that will allow a 50 IQD note and a 100 IQD note to come out.

As you’ll remember … the Kurds wanted their language on the new currency … and so while they were dealing with a bump-in-the-road (O pulling out the troops) … Dr. Shabibi had the currency reprinted with the Iraqi, Kurdish and English written on the new notes.

Now … with the plan laid out for a 4-year plan … when they release this new currency (the new 50 IQD and the 100 IQD) … with an increase in VALUE … it will give the citizens exactly what they need … PURCHASING POWER!

They will no longer need the United States Dollar!

Listen closely … nobody knows this … there is NOT a 50,000 and 100,000 Dinar note!!!!

Let it be known … right this moment … if you have two 25k’s … that’s worth about $43 (USD).

If you have a 50 dinar … that’s only worth 3 or 4 cents (USD).

They are going to get rid of these (old) 50’s!

They need to collect these old 50’s because it will eliminate a lot of paper currency in the markets is a goal of the MR.

The existing (old) 50 dinar notes … the citizens were about to trade those in … but very few went into the bank to open up an account. They used the 50’s to trade with (street vendors) and bartering. Many didn’t go to the banks because the citizens are angry with the Iraqi banks … and they won’t trust the banks UNTIL the rate is changed. [They are “EXPECTING” it!]

The CBI books cannot give you a date … but the info leaking out is a rate.

It appears to start out at .85 cents to about a dollar. That is a rate family.

The less paper currency on the streets … the smoother this process will go along for everyone. All starting with the 50 … and inflation can be controlled.

TWO REASON WHY THEY WILL PULL THE 50’s OUT …

#1 – the lack of value of the IQD right now (at the 1166 program rate)

#2 – they (the 50’s) will be pulled out and replaced with the coins.

Think about it … you don’t remove old 50’s and replace it with a fraction of a fraction of a fraction.

THEY MUST CONTROL INFLATION! This is easy … if you truly study this … and not depend on somebody to spoon-feed this to you.

There is no security on the existing 50’s.

After the 30th (of April) when they pull out the OLD 50 Dinar note … the NEW 50 … is primed for the new rate from the CBI.

This is all a part of the Monetary Reform (MR).

Give glory to God for all of this! It is coming! But you don’t have to count the days.

Will the NEW 50’s come out on the 1st of May … I doubt it 100% in fact.

Dr. Shabibi is doing what he needs to do. When he is done … he’ll let you know. You will hear from him next month. Congratulations! 

*** When they talk to you about the 50k and the 100k … that is ONLY A VALUE … NOT a denomination! Got it?!!!

You’ve never seen a 50k or 100k note have you? That’s because it doesn’t exist. No such animal!

Example: If you have two 25k’s in your pocket right now … that’s a total of 50,000 IQD.

So, if you have 50,000 IQD (two 25k’s) in your pocket … at 1166 … you have about $43 USD worth in your pocket.

When the NEW 50 Dinar Note comes out you will have the power of purchase equivalent to a 50k.

The only way the NEW 50’s will come out is when the rate changes! And you’ll never see the 1166 rate again.

After the new dinar (the 50 dinar note) comes out … it will be used with more power for the citizens inside of Iraq!

The products they buy will also go up in value to match the power of purchase. They will be able to buy things.

You … outside of the country … you will not see your products go up in price … you will see a capital gain in the dinar that you hold!!!

TA DA!!!!!

Do you understand family? I pray to God that you understand that.

They [CBI] is not trying to give you a rate or a date family … but they’re doing it.


Next month … .85 to .86 cents … I mean come on! I’m not doing this! If you want to blame somebody, blame the CBI – they’re the ones who are doing it.

The deletion of the zeros and the lifting of the 3 zeros are two completely separate things.

Thank God that the deletion of the zeros is done!

There really isn’t much denomination left out.

The 25,000 notes here in the USA … those will be slowly released back to the CBI … in trade for oil, etc. at our pace.

80 to 90% of the Iraqi citizens use the USD.

The Finance Committee says … “RELEASE THE NOTES!” Let the citizens use the dinars … not the USD’s

The Banks want collateral … and between the banks and the citizens … there is no collateral. The citizens have collateral amongst themselves because they haven’t trusted the banks in the past.

The Finance Committee and the CBI is changing everything.

Abadi is doing a great job … but he needs to insure that this is done before Ramadan!

The citizens … their 100 dinars … will be close enough to 100 USD. This is the RI family.

It’s not a 50k note family … but a 50 dinar note.

The NEW 50 note … (with the Kurdistan language on it) … that NEW 50 IQD will be worth about $43 USD … that’s what the CBI said!

Then the NEW 100 Dinars will go up in value too … and the coins.

These lower denominations … with a higher value … that is their plan.

They have already lifted a lot of 3 zeros off of the streets … in the last 10 days.

They did a “Moses flooding” event (that’s what my teams refer to it) … flooding the streets, and banks with US dollars.

So the citizens ran to the banks and got more US dollars … paying for them with their dinars.

This is very important for their core M1, M2 and M3 figures.

THIS IS HUGE NEWS FAMILY!

The dinar is going to go International pretty soon family … at a new exchange rate!

S3A CHAT UPDATE, 3 MAY

S3A : 
KLS wrote
8m ago
Rumors: GET forum via Recaps:superdj567] Nothing confirmed - RI in Iraq 2am last night (Friday night) from OM named Art and Confirmed Bank Rates at with Administration Hold are IQD $4.98, VNN $2.12, ZIM $0.192, RUPIAH $1.19 [superdj567] Just a rumor
KLS wrote
6m ago
(continued) Rumor: superdj567] time will tell.........i am looking to see something around 8-9 PM tonight....tip from a contact.......not sure if anything going to happen


  • We're bout
    To
    Be
    Rich

Putin ratifies BRICS reserve pool, China gas pipeline, 3 MAY

Putin ratifies BRICS reserve pool, China gas pipeline
May 3, 2015, 6:32 am

Russian President Vladimir Putin on Saturday ratified a gas supply agreement with China via the so- called Eastern route and also signed into law the creation of the $100 billion BRICS reserve fund.

“The agreement is aimed at strengthening the Russian-Chinese energy cooperation, and defines the main terms of the natural gas supply from Russia to China through the East-Route, including the cross-border section of the gas pipeline across the Amur River ( the Heilongjiang River in China) near Blagoveshchensk (capital of the Amur region in the Russian Far East) and China’s border city of Heihe,” a Kremlin statement said.
The agreement was passed on April 24 by parliament’s lower house, or the State Duma, and approved by the upper chamber namely the Federation Council five days later.
Chinese President Xi Jinping will reach Moscow on May 8 for the celebrations to mark the 70th anniversary of Russia’s defeat of Nazi Germany and 70 years since the end of World War II.
Putin and Xi will also meet during the 7th BRICS Summit on July 8-9 in the Russian city of Ufa.
Putin also signed on Saturday another agreement into law, approving the establishment of the BRICS currency reserves pool.
Last July, Putin hailed the proposal of the currency reserves pool as one of the practical steps “intended to strengthen international financial architecture and to make it more balanced and just.”
BRICS launched a $100 billion development bank and a currency reserve pool in July this year in their first concrete step toward reshaping the Western-dominated international financial system.
China will also fund $41 billion of the currency reserve agreement, which member countries will be able to tap in case of balance of payment deficits. South Africa will earmark $5 billion of its reserves and the remaining countries will set aside $18 billion each. The $100 billion agreement amounts to 2 per cent of the BRICS’s pooled reserves.
The BRICS Bank will fund infrastructure projects in Brazil, Russia, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF.
South African Trade and Industry Rob Davies said last year that although the capital of the New Development Bank and the Contingency Reserve Arrangement had been set at $100 billion each, this did not mean that this capital would necessarily be held in US dollars.
“We want to move away from the same old, same old way of doing things. What currencies the capital will be held in is something that will be part of the Sherpa process with the pace set by Brazil, but we expect substantive progress by the time of the next BRICS summit in Russia in June 2015,” he said.
The BRICS combined GDP grew 300 per cent in the last decade as opposed to 60 per cent growth registered by the developed world.

DELTA UPDATE: "URGENT FROM IRAQIA TV:", 3 MAY

DELTA » May 3rd, 2015, 2:57 pm 

URGENT FROM IRAQIA TV:

GOV OF CBI ANNOUNCED THE COMPLETION OF THE FINAL TOUCHES TO ISSUE A NEW 50 NOTE AND THEY SAID THAT WILL REDUCE THE VOLUME OF CASH IN CIRCULATION.


FAMILY:

IMO THE RATE WILL CHANGE THIS WEEK OR NEXT WEEK THE MOST BEFORE THEY ISSUE THE NEW NOTE AND IT LOOKS THE RATE WILL BE AROUND 1.16-1.19 DINAR PER DOLLAR ( .85-.86).

TNT CHAT WITH IKO WARD, 3 MAY

Kegler:  Rates don't matter if they are not live

Iko Ward:  Forex doesn't open till this evening. Dong is still flat. Tonight around 8PM EST WILL BE THE FIRST TEST.

Iko Ward: On the positive side, we always knew it would get crazy just before it pops so maybe this is part of the craziness?

Iko Ward:  . My own personal belief is that it has happened in some hybrid form and we all just have to hang in there and wait for it to reach us.

Mntman: IKO Why is 8 pm ET the real test?

Iko Ward: Mtnman*.. That is usually the time the first poll of the Asian market gets published on Forex. The market opens a five, but it takes a few hours for everyone to get sorted out.

Footer:  IKO are you feeling prescient about today/tomorrow?

Iko Ward: Footer, I actually am but have no clue as to what the rates will be. I feel fine though that we've all learned enough to do what is right for our individual circumstance.

DINAR GURUS UPDATE, 3 MAY

5-3-2015   Intel/Newshound Guru Poppy3  ...THERE IS SOMETHING UP IN IRAQ WITH SENIOR LEADERSHIP OF WORLD BANK IN TOWN... THEY DON'T VISIT JUST TO GET SOME APPLE PIE...THEY ARE THERE TO BRING ACTIONS AND DIRECT THAT ACTION TO MEET WORLD BANKS NEEDS.  BE READY TO SEE SOME MOVEMENT TO GLOBAL ACTIONS DURING THEIR VISIT.  

5-3-2015   Newshound Guru wmawhite   As we know, Iraq is pursuing a sovereign (country) credit rating. However...from Standard and Poors (S&P), one of the factors taken into account by Standard and Poors is the country’s currency; Three factors also drive a sovereign's external score, namely our view of the status of a sovereign's currency in international transactions, the sovereign's external liquidity, and its external indebtedness, which shows residents' assets and liabilities relative to the rest of the world.  With this mind, why would Iraq move forward with obtaining a sovereign credit rating knowing that its currency will be a factors...UNLESS...it may not be a factor soon?

5-3-2015   Newshound/Intel Guru BGG
   [do you know if Iraq needs to have a recognized currency prior to the release of the credit ratings for a soverign country?]  I doubt it - but more than likely need a currency and a credit rating to get their bonds sold at a premium and I doubt they want to sell their bonds cheap.  [When will they start to sell their bonds?]  the obvious answer is - likely right after their credit rating (hopefully a good one) is issued...again - IMHO they need a currency and a rating BEFORE they will be able to get investors to pony up to the bond table.  I mean - they need something other than 1166 to show their advancing financial condition. It has to reflect the true state of Iraq. 1166 does not [how long will something like a credit rating take?]  I doubt they would have announced it if things weren't well on the way.

5-3-2015   Newshound Guru Kaperoni
   Article quote:  "BAGHDAD Mustafa al-Hashemistrengthens the presence of the credit rating of any country in the world to get the funding they want through local or foreign markets... It's pretty obvious that getting this rating will help them lure investment capital for the market economy.  Which indirectly will effect the exchange rate...as more investment comes in, it creates inflationary pressure to raise the dinar exchange rate.  So another piece of the puzzle and a good thing that will help them grow the economy.

5-3-2015   Newshound Guru Aggiedad77 
  I am seeing, reading, and comprehending the same thing...this appears to have started 4 months ago, maybe late January, probably near the first time we heard mention of Iraq talking to Citibank and Deutsche Bank...IMO this is where they will get the rating they want...something definitely higher than a "-B" rating.  ...they surely won't divulge the full picture to us at this stage... something needs to give way in the near term, within weeks.  It sounds like they are confident that other countries see Iraq as a worthy risk due to prior history of debt repayment... plus they have an exceptionally large reserve of oil that will certainly aid in backing a better credit rating.  Definitely no sign of panic that a lower rate is being expected...their demeanor...seems to signal that things are on course... remember Citibank and Deutsche Bank were part of the meeting agenda when PM Abadi and I believe Finance Minister were in Washington a few weeks ago...history in the making is my twist on this...the BEST is yet to come...sooon. 

5-3-2015   Intel Guru Delta
   THE PROCESS TO GET A CREDIT IT TAKE ONLY 4-6 WKS...SO WHY IN CASE OF IRAQ IT'S 4 MONTHS?  THEY ARE WAITING FOR THE TRUE RATE AND ARTICLE 8, AND SINCE THE OLD 50 NOTE IS NO LONGER VALID. CHANGE IN THE EXCHANGE RATE REGIME IS COMING [Iraq has to be internationally recognized with a international rate before they can get a credit rating.] 
  BINGO...

5-3-2015   Intel/Newshound Guru tman23   The citizens are not happy over borrowing money...they feel like Iraq is now sold to the bankers...And the GOI is not telling them anything but to be patient...No announcement in Mosques about "Your Abundance is coming" and no announcements on TV.

5-3-2015   Newshound Guru Kaperoni
   Article quote:  "Iraq is undergoing numerous challenges, including the economic and financial situation and we want to take advantage of the financial crisis to build a healthy economy depends on long-term strategy and vision as far away as possible from the prosthetic solutions."  IMO, the above statement is confirmation that there is no overnight RV (prosthetic solutions).  That the plan is as Dr. Bakri stated, and the CBI has stated recently (up to 4 years) and based on sound economic principles which will allow the dinar to appreciate based on the success of the economy.  Which also is what the IMF stated in the Article IV Consultation.  Time will tell..but this article to me is more confirmation we need to be patient and let this come to us.

EXCERPTS OF MILLIONDAY & POPPY3, 3 MAY

Millionday: I AM VERY EXCITED ABOUT THE HUGE PROGRESS WE HAVE SEEN IN PREPERATION AND ALSO THE PARLIAMENT SUCCESS AND WORK THEY HAVE GOTTEN DONE – 

OBVIOUSLY WITH THE PROTECTION OF INTERBANK MARKET IS THE MOST EXCITING DUE TO THE DEFINITION OF INTERBANK MARKET

Millionday
: IT REQUIRES ------- THE INTERNATIONAL EXCHANGE RATES AND THE CALCULATED VALUE OF THE DINAR


Millionday: NOTE -- THE HCL WAS SUPPOSED TO BE DONE BEFORE THIS MEETING ACCORDING TO ANOTHER REPORT WE HAD -- IT IS IN THE BASKET ON THE TABLE NOW –

AND ALSO YESTERDAY WAS THE MAY HOLIDAY THEY WERE NOT ALLOWED OFF DURING DUE TO THE LAWS NEEDING TO BE PASSED

Millionday: NOTE -- THE CREDIT RATING IMPACTS THE INTEREST RATE THAT IRAQ RECEIVES WHEN GETTING LOANS WHILE DOING BUSINESS----

THEY ARE SAYING HERE THEY NEED TO HURRY UP AND GET THE CREDIT RATINGS DUE TO THE ONGOING IMPACT THE LOW PRICES OF OIL HAS ON THEIR OPERATING BUDGET –

 THIS IS BECAUSE THEY MAY NEED TO HAVE MORE LOANS BECAUSE OF THE LOWER AMOUNT OF FUNDS THAT OIL WILL BRING WITH ITS LOW PRICE PER BARREL COMPARED TO WHAT WAS EXPECTED

Millionday: NOTE -- THIS WILL ALSO IMPACT WHAT THE BONDS CALCULATE AS WITH IT NOT BEING DETERMINED YET -- AND THEY ARE IN A HURRY.

Poppy3THERE IS SOMETHING UP IN IRAQ WITH SENIOR LEADERSHIP OF WORLD BANK IN TOWN ... THEY DON'T VISIT JUST TO GET SOME APPLE PIE ... THEY ARE THERE TO BRING ACTIONS AND DIRECT THAT ACTION TO MEET WORLD BANKS NEEDS. BE READY TO SEE SOME MOVEMENT TO GLOBAL ACTIONS DURING THEIR VISIT.

TOP SHELF POST FROM KTFA : "The Release of the Bonds are Key", 3 MAY

TOP SHELF :  Frank been a bit busy with some personal stuff. A little cherry found its way to me mins ago. It has to do with a topic that others (Delta) has referred too.

 As you know SS and Loans and Bonds are my area of my profession. Well I can confirm the loans is very important at this time and all of this year since last Sept.

It is very much a part of the Paris Club and other strategic partners of the coalition.

It has come to my attention some bonds and the value as the family knows I have a vested interest in, the raw goods in the ground(value). I am ready to fund my projects.

It is 1.2 B usd and we have confirmed it is and has been requested to be moved here to the USA and we do have to pass thru Three Letter Agencies.

Notice I said agencies. See most of DW (Dinar World) thinks UST only and that's not the case.

Clearances have been given and things are released thru the family. So many claim to know the family. 
....
Well the proof will be always in the funding. Frank you know first hand as you have seen itand now it is done and ready.

 It has never been about what people think I have to prove to anyone. It is about how to protect the process and to also know who is real and who is not,

I am careful to not refer about others any longer for it is not one agency that approves things let alone a bunch of people from one.

The guy in the office next to Jack doesn't always know what Jack is doing. It is ok and best kept that way. The PIF Foundation is about to blast off and to move things forward. Thank you my family and friends for all the help.

The release on the bonds are key and past the point that it will effect us and since we are the owners of it we don't have an NDA on this topic.
This is not about the DW. (Dinar World) It does however explain what is coming for DW.

Be blessed family and Delta, Frank and the family, bring this home with honor and stay positive. All the Paying it Forward will help many.

 DW will not be too far behind.

There is no secret hand shake, as too DW, as long as you hold on to your currencies. Please think about what your doing, don't let fear or others still your dreams, many so called leaders will hedge this next few weeks trying to time it. So they look like the Heros.

Don't be fooled because of their title, they are no better than you and you all know how to do things.

Hire a professional and please take your time. Settle debts thru your professionals, then set up the foundation of your enities, after that put money to work and pay taxes.

See you all believed waiting was hard. Well the hard part is not the exchange of  your currencies. It is doing things right after. Keep it real.

Pay it Forward Foundation will be around for generations to always honor the process that's unfolded.

Please take a deep breath and no matter what leader, member, or forum… thank them for the knowledge but it is you that have to apply it and make sure the prices fit together.

Good or bad or even indifferent they all shared knowledge. Now use it. Don't be fooled and don't be a fool. The hard part is hanging on to it and vetting what you do.

Peace out. Top Shelf

DELTA & S3A CHAT UPDATE, 3 MAY

DELTA » May 2nd, 2015, 4:58 pm  GREETINGS FAMILY:

IRAQI FINANCIAL MINISTER SAID LAST NIGHT ON IRAQIA TV THAT THE PROCESS OF GETTING CREDIT DID START A WEEK AGO.

IT'S VERY CLEAR LIKE I SAID LAST NIGHT , ONE OF THE REQUIRED FACTOR TO RATE SOVEREIGNS..... IS CURRENCY IN INTERNATIONAL TRANSACTION " ARTICLE 8"

AND NO THEY DON'T HAVE TO WAIT 4-6 WEEK TO CHANGE VALUE.

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S3A : 

  • Good morning S3A!
    DOES IRAQ NEED AN INTERNATIONALLY TRADABLE CURRENCY BEFORE RECEIVING A MAJOR CREDIT RATING?
    Before we all get hyped and make this Credit Rating issue become the next "Hopium Marker", due diligence is recommended. There are reports that Iraq's currency will require an international trading status in order to get a major Credit Rating from Standard & Poor or Moody's. While this sounds plausible, it's always wise to perform a reality check.
    I found that the country of Zimbabwe, a country currently without an international currency (abandoned in 2009) has a Moody's and S&P Credit Rating.  I am no economic expert, and there may be something I don't understand, but in the meantime I am not hanging my hat on the Credit Rating process as being a predictor for Iraq's RI.  Hopium Hangovers are brutal!    I WANT TO BELIEVE!   :)
    Standard & Poors credit rating for Zimbabwe stands at B+. Moodys rating for Zimbabwe sovereign debt is B1. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Zimbabwe thus having a big impact on the country's borrowing costs.
    • So the question is, can a country have a A rating without an internatioanlly tradeable currency.   If Iraq issues bonds attracts investors but can not revalue its currency because of security issues and can not guarantee the existence of its government, what kind of rating can it have?

TNT CHAT UPDATE & DINAR IRAQ & DONG VIETNAM POST, 3 MAY

From TNT Chat...
Adept1 wrote 
...In chat earlier, MrMiyagi says his contact says that Iraq RVed in-country last night:  “please understand I am only repeating what I heard...we all know that this is rumortel until confirmation....dinar 4.98, dong 2.12, zim 19.2.”  This was also reported on OpenMike.

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Dinar Iraq and Dong Vietnam :THE IMF AND WORLD BANK LOAN IS JUST A MOSQUITO ON AN ELEPHANT COMPARED TO WHAT IRAQ NEEDS…AND HOW WILL IRAQ PAY ALL BACK SALARIES AND GO FORTH WITH REBUILDING THEIR COUNTRY. THE NEW RAIL SYSTEM IN BAGHDAD AND THE NEW TRAINS THAT HAVE ARRIVED…THE NEW AIR STRIPS AND AIRPORTS TO HOUSE F-16′S …ALL THE MILITARY EQUIP THAT THEY HAVE RECEIVED… KURDS ARE BUILDING FASTER THAN ANYONE COULD BELIEVE…THEY NEED HUGE MONEY. WE KNOW THE WEALTH OF THIS COUNTRY ABOVE AND BELOW THE GROUND…INVESTORS AND THE WORLD KNOW TOO…SO THEY NEED TO SPIFF UP AND THEY NEED FUNDS
YOU SEE IRAQI HIGH GOVERNMENT FOLKS OUT SELLING BONDS RIGHT NOW AND IT HAS BEEN IN PROGRESS NOT JUST YESTERDAY BUT BEEN HAPPENING…THEY ARE BUILDING ROADS AND NEW SEWAGE SYSTEMS AND PLANTS. IT’S A COUNTRY THAT NEEDS GROUND FLOOR REBUILDING. SO THE 2015 BUDGET AND THESE LOANS ARE JUST NOTHING. THEY PROVIDE CHEESE FOR THE MONTH IMO…THE IRAQI GOVERNMENT HAVE LESS THAN NOTHING HERE WITH THESE LOANS TO WORK WITH OTHER THAN PAYING OVER DUE PAYMENT.
THEY CANNOT MOVE FORWARD… AND REMEMBER THE GREEN LITE THAT THEY WERE GIVEN …THAT’S THEIR SALVATION. DO YOU THINK THE WB AND THE IMF WILL CONTINUE WITHOUT A MOVE OF THE CBI….. NAW. IMO THE CURRENCY REFORM HAS BEEN SEEN IN THE LAST FEW WEEKS AT A LIGHTNING SPEED…SECURITY IS AT A HIGH LEVEL…THEY WILL DEAL WITH ANBAR IN THEIR OWN WAY. IRAQ HAS A HUGE DREAM AND IT’S NOT AT A ONE TO ONE RATE…IT MUST BE A GREATER RATE… A COUNTRY WITH THESE DREAMS HAVE TO MOVE VERY FAST…JIMO
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1. Article 8 of IMF refers to floating of currency on forex market
2. Delete 3 zeros currency reform project refers to raising 1000 times to USD0.86 or 1166 times to USD 1 of the currency notes value each.
3. Privatization and bonds release refers on IMF Article 8 requirement and guidelines must fulfill to become full member of WTO.