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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, May 26, 2015

MILLIONDAY CHAT UPDATE, 26 MAY

Millionday: Central Bank Governor Dr. Ali Keywords that a large trend adopted by the Iraqi Central Bank to support and stimulate Islamic banking activities of the country because of the successes achieved by the Islamic banks in the pan over the world.

Keywords and said in answering a question (morning) on the assessment of the level of performance of these local banks, mostly private: that the central bank totally uninterested and facilitates the establishment of a process and the spread of this type of banking, which affect high acceptability of the conservative and unwilling audience to deal with riba-based banks or commercial.

Millionday: NOTE-- CBI IS SUPPORTING ISLAMIC BANKING IN IRAQ ANG GLOBALLY -- SMILE

Millionday: The central and at the request of this vast amount of added who are interested in dealing with this type of banking seeks to follow the Islamic banking law that was ratified by the Council of Ministers and is now on the Parliament table in order to read it and passed calling for the importance of expediting this to be able to catch up with the Islamic banking in the world and the evolution of their products, which called for most European universal banks and other to quote many parts of the steps.

Millionday: NOTE THE ISLAMIC BANKING LAWS AND HOW THEY WILL BE USED IS IN PARL FOR VOTE -- THEY HAVE CALLED THEM TO HURRY --EXPEDITE

Millionday: He said that this success invites us and motivates us to support the establishment and expansion of such banks, pointing to the government to establish an Islamic state bank which {Islamic Bank Mesopotamia} along with more than 31 banks a special institution in Iraq working commercial banks laws But it differs in pursuing Islamic measures were consolidated and collected in the anticipated law enacted.

He Keywords that Islamic banking market promising and digital indicators reflect the successes achieved even at the local level are important indicators must make use of them.

Millionday: NOTE THEY ARE EXCITED DUE TO THEIR GLOBAL SUCCESS -- THE STEPS ARE PLANNED TO BE WELL UNDERSTOOD

Millionday: And the reality of Islamic Sukuk Chairman Association of Banks said Islamic in Iraq Dr. Sadeq al-Shammari: The idea came to solve the problem in front of Islamic banks in order to enter in investing in these instruments (title deeds) which bear the losses and profits instead of traditional debt securities bonds and Treasury money market funds and others.

Millionday: NOTE --NEW INVESTMENT IS BEING INCLUDED SO TITLE DEEDS ARE A TRUE MARKET TOOL

Millionday: He said Shammari it needs constant species income liquid and easy trading within their balance sheets and for the regulators as instruments investment tool as it provides a real opportunity and represents investors fundamental and vital and essential alternative to debt securities, pointing out that these instruments will be an attractive alternative for companies that need money with reluctance many who want to capital their investments would be acceptable legally and those who stayed away from investing in debt securities and debt, to the quality of interest and trading in debt and we mean selling religion to religion.

Millionday: NOTE -- THESE NEW INVESTMENTS HELP COMPANIES WITH LIQUIDITY AS THEY BEGIN

Millionday: and between Shammari said the terms of these instruments provide owned assets to those constituent be able to generate income on a regular and ongoing basis, also should have the assets to be Tskeckha attractive for the investor and this requires the presence of creditworthy in assets Kantzam repayment guarantees in kind.

The Regional Director of the Abu Dhabi Islamic Bank Mona Fahmy Yassin indicated that Islamic banking has evolved significantly over the past ten years and formed a powerful tool to invest where funded large investment projects.

Millionday: NOTE -- IN THE PAST TEN YEARS HAVE ALLOWED FUNDING TO BE AVAILABLE -- NICE -- THIS ADDS AVAILABILITY OF FUNDS

Millionday: She stressed the importance issuing banking law Islamic, which regulates the work of Islamic banks in Iraq, especially as the Central Bank of Iraq recognizes the importance of Islamic banking and became interested by the Islamic instruments and understands its role in the economic development sought by Iraq.

She drew Yassin to that the reality of the Islamic banks in Iraq in the growth phase and needs to be developed All joints and multiple banking products and be able to compete with Islamic banks in the region, pointing to the importance that there be financial market between banks.

Millionday: NOTE -- THE ISLAMIC BANKING LAWS WILL ADD COMPETITION IN BANKING --

Millionday: She noted that the Islamic banks in constant evolution in most regions of the world, and that Iraq and promising market for Islamic banking to the presence of a lot of citizens who wish to deal with Islamic banks.

Millionday: SO WE KNOW AS THEY MENTION THAT REVENUES SHOULD BE HUGE -- LOVE IT

sudo1114: hi md. hope your feeling better. what is your opinion on the rise of the us$ and how will this affect the rv. positively or negatively??? thanks

Millionday: THIS IMPACTS HOW MUCH THE US DOLLAR WILL BUY AND LOWER SLIGHTLY ALL EXCHANGES -- THANK YOU HUN

Millionday: IT WONT IMPACT EITHER WAY

Millionday: confirmed Parliament Speaker Salim al-Jubouri that the process of drafting the constitution took place in exceptional circumstances resulting in the lot of the problems constitution, and while pointing out that the public interest requires from all parties to make concessions to pass stalled legislation to contribute to the stability of the country, called for respect for the signed agreements between political blocs and compatibility around.

Millionday: NOTE -- THE AGREEMENTS AND LAWS ARE BEING CALLED FOR PASSING BY CITIZENS --NATIONAL COMPLIANCE

Millionday: According to data media to his office, that al-Jubouri, "visited the Defence University for Military Studies and met with the university president Lt. Gen. Abbas Mohammed panic."

House Speaker delivered, during the visit, "a lecture at a university faculties which he addressed the reality of the political process after 2003 and the most prominent problems, which was broken, "stressing that" the process of drafting the constitution took place in exceptional circumstances resulting in the lot of the problems the Constitution, caused the find significant differences between the political blocs have continued and worsened to then become crises difficult to resolve."

Millionday: NOTE -- THE CONSTITUTION HAS BROUGHT ON SOME SERIOUS PROBLEMS -- WHICH NEED TO BE RESOLVED BUT THEY ARE WITH AGREEMENTS

Millionday: NOTE ACCORDING TO THIS THEY ARE WORKING ON THIS --- THE DATA SYSTEM TAKES A LOT TRAINING

Millionday: He Jubouri that "the political process in Iraq were not as to which we aspire, has seen international intervention and regionally is positive, helped to deepen the dispute and breadth of Hute, and growing of terrorist organizations and outlaw."

while Search Speaker of the House, during a meeting with a number of heads of parliamentary blocs, ways to speed up the approval of the Federal Court Rules and political parties and the National Guard.

He said al-Jubouri, according to a media office, "the need to reach all sides of the solutions of compromise on the adoption of those laws," pointing out that "the public interest requires everyone to make concessions to be passed in order to contribute to the stability of the country."

Millionday: NOTE - WITH THE LAWS PUT IN PLACE THE WHOLE GOV,CITIZENS ETC

Millionday: He said efforts are continuing in order to reach a common vision contribute to pass the laws before the current legislative term ends.

Within the endeavor himself, al-Jubouri discussed with the parliamentary bloc, the delegation of the Patriotic Union of Kurdistan coordination of positions between the parliamentary blocs would contribute to speeding up the resolution of important legislation in the next few days.

The head of the legislature, according to a statement Media to his office, "the need to respect the agreements signed between the political blocs and compatibility agreements around, especially to speed up adopting the contents of the document and the agreement under which the current government was formed, and thus enhancing the march of the political process in the light of the current challenges."

Millionday: SO THERE WE SEE IT AGAIN -- SPEED UP -- LOVE IT

Millionday: He said efforts are continuing in order to reach a common vision contribute to pass the laws before the current legislative term ends.

Within the endeavor himself, al-Jubouri discussed with the parliamentary bloc, the delegation of the Patriotic Union of Kurdistan coordination of positions between the parliamentary blocs would contribute to speeding up the resolution of important legislation in the next few days.

The head of the legislature, according to a statement Media to his office, "the need to respect the agreements signed between the political blocs and compatibility agreements around, especially to speed up adopting the contents of the document and the agreement under which the current government was formed, and thus enhancing the march of the political process in the light of the current challenges."

Millionday: NOTE -- ONCE AGAIN THE NEXT FEW DAYS LAWS ARE BEING PASSED -- LOVE THE NEWS LATELY -- SMILE

Millionday: NOTE -- THEY WANT TO PROTECT THE AGREEMENTS -- THAT IS GREAT NEWSSSSSSSS

Millionday: the House of Representatives held its regular day of the vote and the reading of a number of draft laws.

A reporter for the agency all of Iraq [where] that "the meeting was held under the chairmanship of Salim al-President of the Council and in the presence of 218 deputies."

It includes agenda of the meeting, according to the constitutional oath to the ministers of Industry and Minerals and Water Resources, and the vote on the draft of the Iraqi Media Network Act, read Committee of Awqaf and Religious Affairs report about the work of the Committee."

It also includes "the first reading of the draft public holidays Act, and the second reading of the draft Fifth Amendment to the Law on Public Enterprises No. 22 Law for the year 1997, and the second reading of the draft treaties contract law."

The prime minister Haider al-Abadi had before last week's resignation of the ministers of Industry and Minerals Naseer al-Issawi, water resources Mohsen al-Shammari [align themselves to the Sadr

Millionday: NOTE -- WE HAVE BEEN TOLD AT LEAST 20 NEW LAWS WILL BE VOTED IN THE NEXT FEW DAYS

Millionday: NOTE -- THEY SURE ARE PASSING A LOT

Millionday: The senior source revealed to [where] that "the leading candidate for the post of Minister of Industry and Chairman of the Liberal bloc in Parliament [Mohammed al-Darraji] [a minister Construction and Housing in the previous government with the nomination of [Mohammed Alamchaoui] deputy governor of Babylon to the post of Minister of Water Resources."

It is said that the Committee on Information and Culture Parliamentary announced last Saturday delivered a draft of the Iraqi Media Network, the law consists of 29 articles to the Presidency of the Council of Representatives for inclusion of the vote on the agenda sessions.

The Chairperson of the Committee for Maysoon al [where] "in the past have focused our efforts on the draft law of the Iraqi Media Network, and we introduced the bill to the Presidency of the Council of Representatives formally after making amendments to it" likely "to vote on the law this week,"

Millionday: SO -- AS WE SEE AGAIN -- EXPECTING THIS WEEK (WITHIN DAYS) SMILE

Pablo: Does that include HCL?

Millionday: THEY HAVE INCLUDED IT IN REPORTS BUT I SAY YES BY WHAT I HAVE SEEN

Bax: So what happened to the big 3 we are supposedly waiting on? especially the Investment Law? Natl Guard?

Millionday: I AM LOOKING BAX – BRB

Millionday: Anbar Provincial Council member waterfall Halbusi said that the local government has opened banks in the district of Khalidiya and Habbaniyah alternative for banks located in the city of Ramadi.

He Halbusi's (IMN) that "the local government of the province, and in cooperation with the government, emptied all the banks in the city of Ramadi financial contents before entering the terrorist Daash gangs to it", pointing out that he "has been opened alternative banks in Khalidiya and Habbaniyah."

Millionday: NOTE -- THEY WERE ORDERED TO EMPTY BANKS BEFORE BRINGING THEM IN FULL DUE TO TERRORISM BUT EXPANDING IN BANKING --- LOVE IT

Millionday: He explained that "the local government put the accounts the recent terrorist attacks that have taken place in the city of Ramadi, which led to the discharge of all its banks for fear of theft by terrorist groups."

He announced Anbar Provincial Council earlier, the terrorist Daash gangs looted all the contents of the circles and most of the homes of the city of Ramadi and transferred to Syria.

Millionday: MP for the Bloc Khalati citizen Hassan, said the withdrawal of the mass of the House of Representatives session today, as a result of the absence of the rule of law on the mass meeting, which has read the law of the Iraqi Media Network, a message to the skeptics unit of the National Alliance.

He said Khalati, in a statement received by the agency all of Iraq [where], a copy of the "withdrawal of blocs of the citizen and the Liberals of the House of Representatives today's session, came in solidarity with the State of Law bloc absent from the meeting, which has the reading of the Iraqi Media Network Act."

He explained, "We Mtvahmun this view, when the absence of any political bloc, a Shiite from the meeting, which include reading laws and approval, we withdraw temporarily in order to preserve the unity of the National Alliance."

Millionday: NOTE -- THEY STOPPED THE SESSION DUE TO THE SKEPTICS -- NATIONAL ALLIANCE -- AND THEY WANT MAJORITY AGREEMENT

Millionday: The mass of the National Alliance, withdrew from the House of Representatives today's meeting of its reservation on the inclusion of draft Iraqi Media Network Act to a vote.

The MP said the coalition Amer Al-Fayez's [where] that "the coalition asked the chairman of the parliament to postpone the bill to a vote but refused and went on its inclusion and decided on its impact on the coalition to withdraw a block of the meeting."

Millionday: NOTE -- LOOKING FOR SIGN OF RETURN

Millionday: The MP Abdul Salam al-Maliki, for [where], that Amendments demands for adoption of the draft Iraqi Media Network, Law, represented the "Media Network Iraqi adoption in funding on self-financing, and the abolition of the Board of Trustees of the network lineup, and the adoption of the body of opinion formed from, agents and managers President in the network, as well as that linked to the network of the Cabinet, and monitors its business before the House of Representatives, like the rest of the state institutions, and that the Council of Ministers nominated by the President of the network that has the vote of the House of Representatives."

The House of Representatives began during its session today, the vote on the law Alaraca.anthy Media Network

Millionday: SO WE DON'T HAVE RETURN DATE BUT HAVE AN ORDER OF EXPEDITE

Millionday: MINISTER OF OIL

Millionday: It announced the Commission on oil and energy parliamentary, Tuesday, for hosting Oil Minister Adel Abdul-Mahdi, to discuss developments in the oil agreement between the center and the region and resolve the problems that hindered, as well as coordination between them and the ministry.

The committee member said Mahabs Razak told / information /, "The Commission on oil and energy parliamentary hosted a day, Oil Minister Adel Abdul-Mahdi to discuss ways of coordination between the Commission and the ministry.

Millionday: NOTE - ABOUT OIL AGREEMENT

Millionday: Mahabs "The Committee discussed with Abdul-Mahdi, the latest developments in the oil agreement between Baghdad and Erbil and solve problems that hinder this agreement.

The Oil Minister Adel Abdul-Mahdi confirmed (Sunday, 17/05/2015) that the oil agreement between the central government and the Kurdistan Regional Government is still "respected" by all parties, but

Millionday: he pointed to a difference of interpretations, as pointed out that the financial difficulties taking place in Iraq make everyone as "case concerned".

Zamili announce the accession of the State law and the National Coalition in Wasit

Millionday: SO AS WE SEE THEY ARE WORKING TO RESOLVE AND WHAT MAHDI SEES IS FUNDS BEING GIVEN AND AGREED

Millionday: Iraq is taking OPEC’s strategy to defend its share of the global oil market to a new level.

The nation plans to boost crude exports by about 26 percent to a record 3.75 million barrels a day next month, according to shipping programs, signaling an escalation of OPEC strategy to undercut U.S. shale drillers in the current market rout.

The additional Iraqi oil is equal to about 800,000 barrels a day, or more than comes from OPEC member Qatar. The rest of the Organization of Petroleum Exporting Countries is expected to rubber stamp its policy to maintain output levels at a meeting on June 5.

While shipping schedules aren’t a promise of future production, they are indicative of what may come.

Millionday: NOTE -- JUST PUTS ME TO MIND OF STATEMENT OF "WHOEVER HAS THE MOST TOYS WINS

Millionday: Defying the threat from Islamic State militants, Iraq has been ramping up exports from both the Shiite south – where companies like BP Plc and Royal Dutch Shell Plc operate – and the Kurdish region in the north, which last year reached a temporary compromise with the federal government on its right to sell crude independently.

Millionday: SO AS WE SEE THEY HAVE BEEN SPEEDING UP EXPORTS AS WELL -- GREAT FOR THEIR REGION

Millionday: NOTE -- FOR THE MARKET

Millionday: HUGE PORTIONTO SAY THE LEAST -- SMILE

Millionday: the House of Representatives held its regular day of the vote and the reading of a number of draft laws.

A reporter for the agency all of Iraq [where] that "the meeting was held under the chairmanship of Salim al-President of the Council and in the presence of 218 deputies."

It includes agenda of the meeting, according to the constitutional oath to the ministers of Industry and Minerals and Water Resources, and the vote on the draft of the Iraqi Media Network Act, read Committee of Awqaf and Religious Affairs report about the work of the Committee."

It also includes "the first reading of the draft public holidays Act, and the second reading of the draft Fifth Amendment to the Law on Public Enterprises No. 22 Law for the year 1997, and the second reading of the draft treaties contract law."

The prime minister Haider al-Abadi had before last week's resignation of the ministers of Industry and Minerals Naseer al-Issawi, water resources Mohsen al-Shammari [align themselves to the Sad

Millionday: The senior source revealed to [where] that "the leading candidate for the post of Minister of Industry and Chairman of the Liberal bloc in Parliament [Mohammed al-Darraji] [a minister Construction and Housing in the previous government with the nomination of [Mohammed Alamchaoui] deputy governor of Babylon to the post of Minister of Water Resources."

It is said that the Committee on Information and Culture Parliamentary announced last Saturday delivered a draft of the Iraqi Media Network, the law consists of 29 articles to the Presidency of the Council of Representatives for inclusion of the vote on the agenda sessions.

The Chairperson of the Committee for Maysoon al [where] "in the past have focused our efforts on the draft law of the Iraqi Media Network, and we introduced the bill to the Presidency of the Council of Representatives formally after making amendments to it" likely "to vote on the law this week,"

Millionday: SO THE AMENDMENTS ARE DONE -- THAT IS GREAT -- THIS JUST CAME OUT SO PARLIAMENT HAS IT NOW FOR A VOTE

Millionday: HERE WE GO LAST ONE ALL ABOUT MAJOR LAWS

Millionday: According to a parliamentary source, on Monday, that the leaders of parliamentary blocs and committees during their meeting they decided to display the Political Parties Act to a vote on Thursday.

The source said in an interview to the (long-Presse), "The heads of parliamentary blocs and committees agreed during their meeting the President of the House of Representatives today Saleem al-Jubouri, the display parties law to a vote on Thursday during the next session."

Millionday: NOTE -- LAW OF PARTIES STILL ON THURSDAY -- SO MAY STILL STAND FOR THURSDAY -- IT IS THE NEXT SESSION

Millionday: The source, who asked not to be named, said: "There are two versions of the parties, the first government version of the law and by the great reviews, and the second sent by the Presidency of the Republic and include 80% of the proposals of the blocks but unread first reading and again, and thus been proposed launch print version Day five in order to agree upon."

A parliamentary source, revealed on Monday, the start of a meeting of leaders of political blocs and parliamentary committees, headed by Parliament Speaker Salim al-Jubouri to discuss and resolve the three laws, notably the National Guard Law.

Millionday: NICE

Millionday: Council of Representatives of Iraq and ended during its 39th of the second legislative term legislative year, the first held in the 20th of May 2015, the second reading of the draft National Guard Law, as decided at its 28th, which was held in the 14th of May 2015, to postpone continue the second reading of a law on political parties.

The head of the House of Representatives, Saleem al-Jubouri confirmed, in (23 December 2014 from the past), that the legislation of the National Guard law will end the "debate" on the popular crowd and clans.

The Presidency of the Council of Representatives of Iraq decided during the 36th parliamentary session of the second legislative term of the first legislative year, which was held on the sixth of May 2015, to postpone the vote on the draft of the Federal Court Act until further notice because of differences on paragraph 12 of the Act, which states that vote will be in two-thirds of the court members, while insisting the Kurdistan Alliance to be a vote of all members.

Millionday: SO AS WE SEE -- THIS WEEK IS STILL A GREAT WEEK WHEN IT COMES TO LAWS --- HUGE LAWS AT THAT -- ALSO THE BANKING NEWS IS NOTHING BUT PRODUCTIVE =-- LOVE IT

Millionday: NOTE --- THANK YOU ALL FOR SO MUCH PRAYER -- LOVE TO YA MY FRIENDS

DELTA UPDATE, 26 MAY

Delta: It looks like the Parliament had a meeting with the leaders to pass 20 pending laws...they’re ready for voting. They’re going to accomplish this in the next 3 days. One of the most important is the investment law... The revaluation is to increase the rate and this law will help Iraq do that.  Everyone knows that the CBI is coming out with the 50 and 100 dinar...still confusion that it’s a 50,000 and 100,000 but it’s not…it’s just the value.

Abadi said this is what we need because we need the money supply, easier to carry around and something they don’t have to use like US dollars.  It looks like the rate will change before they introduce the lower denominations and 24 - 48 hours we should see the lower denominations along with the 20 laws to pass this week and the activation for the private sectors we’ve been waiting for...the new rate is one of the anchors for the private sector and economy.They’re ready to go, we’re very, very close and they have to keep moving...the banking system is ready and there’s a lot of pressure. The financial committee said JUST LIFT THE 000’S so you can move forward. I believe they’re waiting for the right timing.  ...if they do it during Ramadan it’s going to be confusion, but if they do it a couple of weeks before, they’ll use the dinar and not shock the market.  ...the longer they go without a RV, the longer it’ll be for the next window and they can’t do it until the mid-July or end of July... Can they wait, yes, but the longer they wait, the more issues they’ll have. The next window is from now to the first week in June...we know it’ll be 85-86 cents.

TNT CHAT UPDATE & FRANK26 & PURIFIERS TIDBITS, 26 MAY

 TNT:
Iko Ward:  Dinar DID NOT return to CBI rate this morning. Staying at 1136.9. Baby steps.

Daz: ABADI SAID HE WANTED IT TO GO...US SAID THEY WOULD NOT STOP IT...9 ATTEMPTS TO GET IT ACTIVE WITH EVENTUAL SUCCESS OVER THE WEEKEND.

WE GET PAST THAT AND SOMEBODY SOMEWHERE DIDN'T PROCESS IT…CALLING IT A NEW GLITCH.

THE CAUSE OF THE GLITCH HAS YET TO BE REVEALED...EITHER TECHNICAL OR HUMAN...ERRONEOUSLY OR PURPOSEFULLY

******
5-26-15 Frank26: Friends ........... Many things are soon to delta........ CHANGE.

Let it be known that Your name has now changed to ........ Mr Jed Clampet.

By prayer start to understand and accept this new suit ......... Of Armor

BTW ....... ARTICLES are SWEET today.

C U ON YOUR BIBLE STUDY CC TONIGHT FAMILY .......... TS WILL TALK OF NEW FOUND LIQUIDITY AT THE CBI........ AFTER THAT DESERT FROM ME ON THE DONG........... "FOR WHOM ....... DOES THE VND DONG?"

*****
5-26-15 Purifiers: Just my opinions and thoughts... 
MAYBE I AM WAY OFF BASE HERE... BUT THIS IS WHAT MAKES SENSE TO ME AT THIS TIME....

PLEASE AD YOUR THOUGHTS AND REPLY TO MY POST ANY WAY THAT YOU WISH....

I'M SURE MANY HERE HAVE CONTEMPLATED HOW THIS MERRY GO ROUND WORKS....

Family.... when a country has Quantitative Easing (QE)... adding electronic money to anyone's money supply.... what is supposed to happen... their currency is supposed to go down in value... because you are essentially spreading the value of the (country's economic value) "currency" between "MORE MONEY IN THE SYSTEM".

If any country "INSTANTLY DOUBLED THE MONEY SUPPLY"... what would the international value be?

It would be "HALF" of the value that it was before.... (I hope you understand this)....

In the case of Iraq... if they reduced the money supply in totality.... electronic and physical.... by 1,000 times less available "MONEY".... (M1, M2, M3) what would happen to the value of the notes that represent their currency?

Would it not be worth 1,000 times more?

As Top Shelf has said.... a dinar is a dinar is a dinar....

IMO.... it is "VALUE"... "THAT CAN CHANGE" by available money supply... it adds or subtracts value of a currency....

(Inflation of any currency "CAN HAPPEN" when money is printed out of thin air... [and not for the purpose of replacing it] electronically or physically)

Frank has said... "IF".... we (REALLY KNEW) their M1, M2, and M3 figures (money "VALUE" supply) we would know the "TRUE RATE" of their currency! (THEY LIE TO US ABOUT THEM RIGHT NOW)

Money supply... subtract and you add value.... add supply... and you take away value...

BTW.... forget about how "WE" (the U.S.) had quantitative easing (adding money into our economy) happened.... and "YET"..... our currency WENT UP IN VALUE LATELY!!!

>>>That was currency manipulation.... (you read about some of the culprits in the news)....<<<

Just my thoughts and opinions....Did I mention??? JMHO...

(I'm wrong lots of times... but at least I'm bold enough to post my thoughts!)

BTW.... YOU SHOULD BE TOO!!! 

DINAR GURUS UPDATE, 26 MAY

5-26-2015   Newshound Guru Millionday   Article quote: "...announced the approval of the establishment of each of the Rafidain and Rasheed deposit part of their money with private investment of the funds of private banks in investment projects..."  REMEMBER THAT RAFIDAIN BANK HAS ANNOUNCED THEY ARE OPENING INTERNATIONAL BRANCHES.   SO THE FUTURE PLANS ARE HERE -- WHOOPOW -- MOVING FORWARD WITH PROGRESS THEY PLANNED ON... IRAQ SEEMS TO BE GOING FORWARD AS PLANNED...

5-26-2015  Intel Guru Frank26 
   IMF said you have to do 2 things – raise the rate and pass those border taxes.  Guess what?  The CBI/GOI today ANNOUNCED they have 20 laws about to be released and it’s the tariff laws! All of this to get security.  Do you see that MasterCard wanted to come into Iraq...still needs an international rate but they still issued the cards to the retirees living outside of Iraq. Position and posturing.  Last year is the first time we didn’t see the GOI go on vacation in the summer. They are there working.  It is permissible to work during Ramadan – it’s just rare.

5-26-2015   Newshound/Intel Guru BGG   Article:  "Central bank of Iraq to issue large-value banknotes"  Quote:  "In an important step to support the economy through monetary reform, the Central Bank of Iraq plans to issue banknotes with larger values than the ones in circulation..."    they plainly said "large value notes"...Large value - NOT LARGE...WOW!  [Please give an example of  Large ---VALUE note.]   by their own admission - a 50 Dinar note worth $43.00 - that would be a large value note.  looks like things are about to get interesting.

5-26-2015   Intel Guru Delta 
  they’re ready to go, we’re very, very close and they have to keep moving...the banking system is ready and there’s a lot of pressure. The financial committee said JUST LIFT THE 000’S so you can move forward.  I believe they’re waiting for the right timing.  ...if they do it during Ramadan it’s going to be confusion, but if they do it a couple of weeks before, they’ll use the dinar and not shock the market.  ...the longer they go without a RV, the longer it’ll be for the next window and they can’t do it until the mid-July or end of July... Can they wait, yes, but the longer they wait, the more issues they’ll have.  the next window is from now to the first week in June...we know it’ll be 85-86 cents.   [post 2 of 2]

5-26-2015   Intel Guru Delta
   It looks like the Parliament had a meeting with the leaders to pass 20 pending laws...they’re ready for voting. They’re going to accomplish this in the next 3 days. One of the most important is the investment law... The revaluation is to increase the rate and this law will help Iraq do that Everyone knows that the CBI is coming out with the 50 and 100 dinar...still confusion that it’s a 50,000 and 100,000 but it’s not…it’s just the value. Abadi said this is what we need because we need the money supply, easier to carry around and something they don’t have to use like US dollars.  It looks like the rate will change before they introduce the lower denominations and 24 - 48 hours we should see the lower denominations along with the 20 laws to pass this week and the activation for the private sectors we’ve been waiting for...the new rate is one of the anchors for the private sector and economy.  [post 1 of 2....stay tuned]

5-26-2015   Intel/Newshound Guru Poppy3
  GOTTEN SEVERAL EMAILS OVER THE WEEK END AND EVIDENTLY SOME [ONE] HAS AGAIN BEEN SAYING THAT BANKS ARE TRAINING NEW EMPLOYEES FOR A RUN ON THE BANK WHEN THE RV HAPPENS.   ...IN AMERICA LESS THAT 1% OF PEOPLE EVEN KNOW WHAT A DINAR IS MUCH LESS ARE INVESTED IN THEM. SECOND MORE THAN 80% OF AMERICANS ARE PAid on friday YET ON FRIDAYS WHEN MOST BANKING IS DONE WEEKLY THERE ISNT A RUN ON THE BANKS THAT REQUIRES MORE TRAINED TELLERS...THERE WILL NOT BE A RUN ON THE BANKS...ALL IS WELL AND YOU WON'T HAVE TROUBLES EXCHANGING YOUR DINAR ONCE WE GET A RATE TO WORK WITH. 

5-26-2015   Newshound Guru Millionday
   Article quote:  "The emergency meeting, which was held in the presence of Parliament Speaker Salim al-Jubouri in the House of Representatives aimed at resolving differences over the broken laws and the possibility of reaching agreement on them and present them to vote at the meeting on tomorrow. THEY ARE WORKING TODAY [MONDAY] TO RESOLVE LAWS TO HOPE TO VOTE THEM ALL IN TOMORROW [TUESDAY].  WHOOOPOW.

5-26-2015   Newshound Guru Kaperoni  ...i look forward to Abadi launching the inititive for a market economy next week.  This will hopefully create some momentum.  there is a clear plan...introduce a 50k to consolidate the physical notes...that will happen within weeks...has no effect on the rate.  then when stability sets in, they will initiate the change in exchange.  if Abadi's plan works, and the market economy begins to take off, it will create momentium and stability...the more stability, the more investment and it appears that Saleh wants to initiate the prjects by 2016.  So the dinar will begin to rise then. And we shall see the dinar appreicate over the next few years...eventually, the zeros will be deleted as the dinar rises... unfortuatly, now is not the time...so we wait...i wish they would start now but they made it clear its not the time.   the proof will be the new 50k coming out in a few weeks or less unfortuately we are going to have to sit and relax for a few months.

TNT CC NOTES, 26 MAY

TNT Call notes 26-May-2015
Good morning, TNT!  Today is Tuesday, May 26, 2015;  the call was moved from Monday because it was Memorial Day.  DC is taking care of business after the holiday, so he won’t be on the call.  I can give you the information, probably more than I should do, because he’s not here. 
Before I get started, I send my condolences to the families in Texas who have lost people in the floods.  I’m sad to see what we’re seeing with all this weather in Houston, Austin and other smaller cities.  We don’t want anyone to go through that.
Pam:  We made some changes on the other tntsuperfantastic sites (.com, .net and .info).  We took out the hyperlinks to the tntdinar.com site.  You can still ask to talk in the forum at the tntdinar.com, which is where we post the call information, the replays and transcripts, and also the DONATE button.  We have had red invoices for a while, and Tony says they are calling him on the conference line to remind him.  Go to www.tntdinar.com to pay through PayPal.  If you want to send a check or money order, make that out to Tony Renfrow because TNT is not a business.  The address is Tony Renfrow, 9580 Oak Avenue Parkway, #7269, Folsom CA 95630.  If we cannot pay the bills, this call will be the first thing to go, so…
Tony:  We made the changes to the site because we were asked to, and because we are preparing for our final call.  We are still preparing for that, although we don’t know exactly when that will happen.  We have to be ready to change quickly when that happens, and preparing the other sites.  We still don’t have instructions yet, but we were given three different options and we want to do it quickly when we are required to do it.
Let’s go with the information, full bore because DC isn’t here. I think I know how to say what I need to say.  When we left Friday, we were expecting for this thing to go.  I will give you the rumors without condemning anyone.  I will put the information out and people can decide for themselves.  I will give you the information from both sides and we’ll see what makes sense.
What we know is that Iraq tried to put it through NINE times over the weekend and it wouldn’t go through.  We got information on Friday and Saturday that it went through perfectly, with all the codes and authorization received perfectly, and then there were issues with the transactions themselves.  The problem was that some people assumed it was a system problem, thinking someone did it intentionally.  I am not identifying who because I’m not choosing sides.  That was the situation over the weekend, and still is. Iraq had meetings;  they are highly upset according to our great sources.  They are requesting access to the system so that they can figure it out, and supposedly that was denied to them.  This is making them look bad, and upsetting the Iraqi people.  So we know they are trying to do the best they can under the circumstances.
The arguments are going on about what is going on in Iraq, who is doing their fair share and who is not, along with the system.  So here we sit.  They are saying it went through and the banks got notification telling them to be ready for this morning!  They are still waiting for a go, and that could be any time this week.  That is what we were all hyped about during the holiday, here and all around the world.  People were ecstatic on Friday and are miserable today, again.  Without pointing fingers, what are we going to do here?  Nobody really knows if they are going to do it or not.  I don’t know what the system problems are/were.  This information came from good people and sources, and when I got the reasoning about what was happening, just as a normal citizen looking at the situation, you cannot tell me that after 10-12 years, with hundreds of tests that have all gone perfectly, and now the one time it was supposed to go, there are system problems?  I almost told you what the problem was, and all I can say is “how can that be?”  It’s hard for me to believe THAT is the problem.
We are still in a good place, just waiting for this problem to be fixed or for someone to tell I to go ahead anyway.  Some places don’t have any issue with completing this, but some are.  It could go in an hour!  People are still in lockdown, instructions were given over the weekend to get ready, but it doesn’t say when.  Should have already gone, didn’t go yet, and we’ll see what’s coming up.  If it doesn’t get done by tomorrow, we will do a short call (if it’s not THE call), and another call on Friday.  If so, DC can tell you all about the issue. 
That’s the news;  it is what it is.  That’s what happened over the weekend and where we are today.  I cannot be more specific.  If you are listening to our calls, listening to the news and all, it’s not hard to figure out what I am saying.  For those who haven’t, I can understand, but I’m giving you enough for you to know the codes went through and connected internationally, ready to go when they say Go.  We have never had the completed system fully connected and authorized before.  That happened this weekend, but after it was authorized, it didn’t work.  Is this a system issue, or someone messing with the system?  Is there a reason behind it?  There were things that happened and said in Iraq  and the US, and some are now saying there is a problem.  If you watched the news, you might think that some people are irate and there has been retaliation.  In Iraq there were high-level meetings, and they are very upset about people making Abadi look bad, again. 
So here we are.  It could happen at any moment.  We are not waiting for it to go through because it already went through.  We have crossed that hurdle after ten years, and now there is a problem.  I hope that is more clear.  There is nothing we can do about it, nor do we know how long it will take to sort this out.  Will that be based on what is currently happening in Anbar?  It doesn’t depend on that because authorization was given.  There we are, clear as mud.  Everyone who needs to got the message and the rest of us just wait.
Since DC is not hear, I don’t have to repeat everything, so let’s move on:
860 caller:  You answered my question as to the snap.  You’re right, those who follow this understand what is going on and why. There are reasons for everything, and you just have to go with the flow.  Vegas, Vegas, Vegas!
Tony:  I do through this just like you do.  I have some friends who listen to the calls, and they say, “Just tell me when it’s happening!”  Or they ask what’s going on, but I don’t have 20 minutes to explain it all over again.  People write to me saying there might be 250 people they pass this information on to.  That’s too many people!  I have 40 people who expect me to call them and let them know when to go to the bank.  That’s too many people to be depending on you.  They’ll expect you to tell them how to make it grow, when the next opportunity will be, and all the rest.  I have some TNT people I smoke cigars with, but I know they are listening to the call and following the information.  For everyone else, how can I tell you what’s happening when it’s changing every minute?  Those people will drive you batty!
310 caller:  The people you know who exchanged, did they exchange all their currency?  Did they drop their zeros?
Tony:  Only dinar and they did drop their zeros.  You can look on the board;  there have been 4-5 messages saying that Parliament demand that the CBI delete the three zeroes now.  They have pictures of the lower denominations and the coins right there.  This is happening;  the rates have changed over there, the MasterCard is international and being used in this country by people we know.  Those who have exchanged in this country have been paid at a rate of over three dollars, and in some cases way over three dollars. This is happening, the only question is when.
559 caller:  Listening to all this again, how long is Iraq going to put up with our shenanigans?  For the people who have been paid out, have they decided on taxes? 
Tony:  I don’t know how long Iraq will put up with this. They tried nine times over the weekend and they are frustrated just like we are.  They want this – they want to be the richest country in the region.  I could give you a date, but it’s been changed every time we get to that date.  It’s very flexible  until it’s decided.  Unless a coalition of people decides that ‘enough is enough’, we will still wait. They authorized it, and now we are on the other side, but now there is another problem and we don’t know how long it will take to sort that out.  Nobody I know has paid taxes yet.
Caller:  Are the rates still the same or have they changed when they tried to release them?
Tony: This morning, the rates were removed and there are no rates on the screen at this time.  We hope they will figure out the problem and then we’ll see how it goes.
Caller:  If this is a business, you fire the people who are not doing their jobs and hire someone who can fix it!
Tony:  What if those people ARE doing their jobs?  It comes from the top to the bottom, not the bottom to the top.  If it were an individuals fault, they would have been removed. This is too important to the world for this to be a matter of incompetence.
Caller:  There are enough people in the US or the world who know how to get this done and hopefully they will pull together to get this resolved.
Tony:  We don’t know if this is a matter of egos or what.  I believe faster rather than the other story I heard.
347 caller:  What is the system that is causing the problem?  What is the technical issue?
Tony:  The system consists of us getting paid.  The rest is what I told you I would let DC tell you if he chooses.  It doesn’t make sense to me that X is the problem, and that is why I’m not telling you what the problem is.
On Saturday, I heard that Carter said that the Iraqis didn’t have the will to fight, that they put down their weapons and walked away.  Iraq is saying the coalition didn’t give them the weapons to fight with.  This morning, VP Biden praised Iraq for what they have done in protecting their country.  This was in the news, so I can talk about it.  Some people say there were other things that led to this being blocked. 
Caller:  You keep saying they want to push this through on a weekend, so why wouldn’t they try this on a weekday?
Tony:  They may well release this on a weekday.  I don’t think that’s an issue any more.
Caller:  What happens if the zim expires at the end of June?
Tony:  I don’t know.  They may do an extension because they expected the RV by then.  I just don’t know.
Caller:  Your friends who exchanged so far, what rate did they get on the zim?
Tony:  The rate we heard most recently is 19 cents.  The people we know have done their exchange have only exchanged dinar.  I said this is the rate;  I didn’t say anyone had actually exchanged zim.
410 caller:  When I saw the news saying that Iraq walked away from a fight, that is not supportive of a country you’re supposed to be supporting.  I do believe we will get to the bank. Some people are saying we should ramp up our personal security.  We are told we shouldn’t let our currency out of sight, that we need burner phones, that we should stay at a hotel and get a rental car… is all that necessary?
Tony:  Nobody knows you have the currency but you.  Nobody  knows the time and place of your exchange apart from you. They have security in the parking lot.  The most you will have when you come out is $7,000 cash.  Now, the suggestion is that you get a rental car and don’t let anyone follow you home, but they still don’t know how much you have.  Some are being over-cautious because they want that peace of mind.  If that is something you think you need to do… In terms of computer security, they still don’t know you have this money.  I will use one laptop just for banking so that if someone hacks into my system through the internet, they won’t get my banking information.  I will tell the bank person that only s/he will have my number, and that I don’t want my account accessed by anyone but me and my wealth manager, not the tellers.  You can set up a smaller value account that the tellers can have access to.  You have to think it out and take the measure that seem right to you.
Caller:  How do you protect yourself when the bank doesn’t have a Delarue machine but we are being told not to let it out of our sight?
Tony:  Most banks don’t have that now.  They count your money, seal it, give you a receipt for it, and send it to their central facility.  You will have immediate access to 10% of your money and access to the rest within 24-48 hours.  There should be a third person in the room to witness the transaction.  You can make color copies, but I wouldn’t want someone to accuse you of counterfeiting money.
Caller:  We did hear to make two copies of each note and ask them to sign off on one copy and we’ll sign off on the other…
Tony:  You will have twenty minutes in that first appointment;  I wouldn’t want to spent my time signing off on copies of the currency.
Caller:  Iraq needs to be honored for their efforts in becoming a new democracy.  I don’t know what’s happening, but the media has been brutal. Where do they get that from?  I would rather have my energy in a higher spot.  Release the RV today, and all will be forgiven.  We think this would be great for Austin, Austin, Austin after all they have been through.
Tony:  We have got a lot of suggestions on the “thousand dollar tip” suggestion.  It doesn’t have to be that, but it would be great to do something to pay it forward in the first week.  It would be great to write “You’re super-fantastic” on the receipt so that people can see that it’s us doing it, when it gets reported on FB and Instagram and Twitter.  Do it for people whose lives would be affected by receiving a thousand dollars.  Talk to your servers, see who they are and what they are going through.  I have done that for years, just to find out who the  person is.  I think it’s a way to show your appreciation to the other person, here in the US and around the world.  That could change someone’s life! 
The other suggestion we got was for Christmas this year, that you go in and pay off people’s layaways at Walmart, K-mark, Target.  Make it a targeted effort.
404 caller:  I don’t mind that DC is called my work-husband, and neither does my actual husband.  Iraq is on record saying they want this done in May.  In your opinion, how likely are they to live up to that?
Tony:  I told you, they tried it nine times, so it’s really not up to them. Supposedly it went through and there is a new issue on the other side – that’s what is being said to the world. Iraq is upset about this, but they don’t have access to the  system to ascertain it for them-selves, so they are not sure if this is a system problem or a human problem.
Caller:  If this is a system problem, who is responsible for that system?
Tony:  It’s a worldwide puzzle with a million lines of code, and Iraq doesn’t have access to the whole system to find the problem.  We just have to believe what we are told.
Caller:  We are hearing a wide range of rates, from 86 cents to nearly five dollars.  If it comes out at 86 cents, what impact will that have on the whole basket.
Tony:  It would have a huge effect. They would have to recalculate all the other currencies, and I don’t see them doing that.
Caller:  So why would anyone take that lower rate?
Tony:  That rate is in-country only, it’s not the international rate.  If Iraq could have just brought it out, it would be above $3.50.   they are trying to give their own people what they can to slow down the frustration until it comes out properly.  It will not come out at 86 cents internationally.
Caller:  [Appreciation] and Atlanta, Atlanta, Atlanta.
Tony:  Atlanta is expected floods this week.
302 caller:  From the way you are juggling your words, it sounds like you do know hat happened but you are not allowed to say.
Tony:  Over the weekend, they talked about both system and human problems.
Caller:  You said that PM Abadi said that this would come through in the next day or two. If they tried to get it through nine times over the weekend, they did their part.  Who got in the way? Was it the US again?
Tony:  I am being very specific with my words.  Abadi said it would be released “in a day or two”.  They tried to get it through, and there were high-level meetings where they tried to ascertain if it was a system problem or a human problem.  I told you right from the beginning that I would not tell you who was holding it up.  It was not being a problem in Iraq because they tried to push it through. They don’t know if it was the system or someone in the system.
Caller:  If they want to get this done in the month of May…
Tony:  They wanted to do it three weeks ago!  If it’s the system, it’s a million lines of code and if each country has to check their part… If it’s an individual sabotaging the system, then they have to find that person.  If it’s an ego problem because of things said over the weekend, then it might take time to smooth that over.
Caller:  Is DC not on the call because you don’t want him to disclose this? There will be a call tomorrow, correct?
Tony:  DC is in a meeting.  We’ll probably do an hour call tomorrow just to get back on track, Wednesday and Friday.
We’ve been on for an hour, I’ve given you the information and rumors I have.  We are waiting for more information and clarification.  The intel came from our best sources, and we’ll see if there are more agreements made this afternoon.  We are on the other side, we are fully authorized, and now there is an issue on the other side.  When that is cleared up we are good to go.  People are still on lockdown, still ready to go.  If there is anything signification, we will tweet it out.  Otherwise, enjoy the rest of your day!

POPPY3 & MILLIONDAY TIDBITS, 26 MAY

Poppy3  GOTTEN SEVERAL EMAILS OVER THE WEEK END AND EVIDENTLY SOME [ONE] HAS AGAIN BEEN SAYING THAT BANKS ARE TRAINING NEW EMPLOYEES FOR A RUN ON THE BANK WHEN THE RV HAPPENS.   ...

IN AMERICA LESS THAT 1% OF PEOPLE EVEN KNOW WHAT A DINAR IS MUCH LESS ARE INVESTED IN THEM.

SECOND MORE THAN 80% OF AMERICANS ARE PAid on friday YET ON FRIDAYS WHEN MOST BANKING IS DONE WEEKLY THERE ISNT A RUN ON THE BANKS THAT REQUIRES MORE TRAINED TELLERS...

THERE WILL NOT BE A RUN ON THE BANKS...

ALL IS WELL AND YOU WON'T HAVE TROUBLES EXCHANGING YOUR DINAR ONCE WE GET A RATE TO WORK WITH. 

***********

Millionday:
 Article quote:

"The emergency meeting, which was held in the presence of Parliament Speaker Salim al-Jubouri in the House of Representatives aimed at resolving differences over the broken laws and the possibility of reaching agreement on them and present them to vote at the meeting on tomorrow."

THEY ARE WORKING TODAY [MONDAY] TO RESOLVE LAWS TO HOPE TO VOTE THEM ALL IN TOMORROW [TUESDAY]. WHOOOPOW

JAM JAM 1280 POST: BANK STORY, 26 MAY

JamJam 1280 » May 26th, 2015, 7:27 am FAMILY I HAVE A BANK STORY, FROM THIS PAST WEEK

I WENT TO THE LARGEST CHASE BANK IN MY TOWN WHICH IS A SKY RISE WITH WEALTH MANAGEMENT AND PRIVATE BANKING TO ORDER SOMEWHAT DONG, I ORDERED SOME, AND WHILE STANDING AT THE TELLER, SHE BEGAN TO TALK ABOUT THE DONG, WAS VERY INTERESTING IN IT, SO I EXPLAINED I HAD HEARD IT WOULD BE GOING UP IN VALUE,

SHE DIDNT KNOW MUCH ABOUT IT, THE BANK WAS ABOUT TO CLOSE AND BEFORE I SAID ANY THING ABOUT DINAR I LOOKED AROUND AND THE ONLY OTHER PERSON IN THE BANK WAS THE BANK MANAGER IN HIS OFFICE


I BEGAN TO TELL HER ABOUT THE DINAR THAT I HAD AND WHAT I THOUGHT WAS GOING TO HAPPEN WITH THAT ALSO. I LOOK BEHIND ME AND THE BANK MANAGER WAS STARING AT ME.

WELL 2 DAYS LATER I GO TO PICK UP THE DONG I ORDERED AND WAS GREETED BY THE SAME BANK MANAGER THAT DAYS BEFORE DIDNT SAY A WORD TO ME. THIS TIME HE RAN ACROSS THE BANK TO SAY HI AND WAS UNUSUALLY FRIENDLY, SO I GO TO THE TELLER AND IT WAS A DIFFERENT ONE.

I SAID I WAS PICKING UP CURRENCY I ORDERED, SHE GOES IN BACK AND BRINGS IT OUT, I SAID DONT U NEED MY NAME OR ACT # SHE SAID OH YEA LET ME SEE YOUR ID, THEN SHE SAYS, SO ARE U EXPECTING SOMETHING EXCITING TO HAPPEN.

I SAID ACTUALLY I AM, SHE COULDNT STOP SMILING. THEN I GO TO LEAVE, AND THE SAME BANK MANAGER COMES RUNNING OVER TO TELL ME HAVE A GREAT WEEKEND AND ENJOY THE REST OF MY DAY, SEE YOU SOON. ........

NOW I BRING THIS FAMILY NOT FOR HYPE, ONLY BECAUSE I THOUGHT WAS VERY ODD AND PROMISING.