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Saturday, May 30, 2015

POPPY3 & ALREADY BLESSED UPDATES, 30 MAY

[poppy3] RICH FRIENDS LET ME SAY THAT ABADI, JABOURI AND THE TEMP CBI LEADER STATED TO THE ENTIRE PUBLIC OF IRAQ THEY WANTED FINANCIAL REFORM IN MAY …..

WELL IT APPEARS THEY MAY HAVE MISSED THE DATE BUT ALSO THAT THEY ARN'T OR HAVEN'T MISSED IT BY MUCH AT ALL.

THEY HAVEN'T ALLOWED A DAY OFF FOR ANY OF PARLIAMENT OR THE COMMITTEE'S IN OVER 3 MONTHS AND ARE STILL SAYING NO TIME OFF TILL THEIR JOB IS COMPLETE.

LOOK NO ONE HERE KNOWS WHAT IS NEEDED BUT THEIR LEADERSHIP HAS THE COMPLETE CHECKLIST PROVIDED BY AND AGREED ON FROM THE IMF, WORLD BANK, UNITED NATIONS AND THEY KNOW AND WILL NOT STOP TILL THEY COMPLETE THE REQUIREMENTS .

REMEMBER THEY NEED THIS AS BAD AS WE DO SO RELAX IT IS COMING FOR SURE. POPPY3
....
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[Poppy3]  NEW WORDS TODAY FROM V N SAYING THEIR INFLATION AND THEY ARE TRYING TO DECIDE THE BEST MOVE TO CURB INFLATION AND WHEN THEY WILL PUT IT INTO ACTION.

TIME WILL TELL BUT HEARING THEIR INFLATION IS OUT OF CONTROL AND FINANCE MINISTER SUGGESTING A RISE IN THEIR RATE OF THE DONG.

TIME WILL TELL BUT MUSIC TO MY EARS. POPPY3 BBL

***********

Q:  [do you think parliment got enough done to have a currency change now or do they need more laws to go thru first...was wonderig since it looks like parliament is on vacation till July?]  

BGG   I do not believe anything needs to pass Parliament first - maybe the Investment Law shortly after - but that is it.

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

TNT:

ALREADY BLESSED :
 NOW YOU KNOW I DON'T DO INTEL...
AND YOU KNOW THE WEEK-END GOES THRU MONDAY NIGHT...

AND (YOU KNOW) THERE ARE THINGS GOING ON BEHIND THE SCENES, AND THINGS ABOVE OUR PAY GRADE...

DavidU1957:
 Parliament is leaving for a 30 day vacation so let's hope today is our day. Not that they must be in session for this to happen but at least we would know they finished the laws. I think the US wants the amnesty, national guard and the financial law passed before they give their blessing. This is my opinion only but if the US is going to pay this out they want to make sure they get there oil.

[Grandmaster]
 Good after noon all...For what it is worth....I friend of mine has a contact source in the UST (a Lady) who called him a little while ago and told him that this blessing will come Monday and the Dinar is to be exchanged at $11.22.....Rumor Rumor... but Hey ! somebody is going to be right one day

Sallypuff] Some more serious stuff from fast chat - A negative person sees the glass of water half empty. A positive person sees it half full. A realistic person adds two shots of whisky, two cubes of ice , and says "cheers" All you need is love and wine. Maybe some chocolate and a nap. But mostly the wine.

FRANK26 & SCZIN11 TIDBIT, 30 MAY

5-30-15 Frank26: Silently with a mature discipline of wait ........ This is what has ALL our TEAMS excited:

"........according to the monetary banking law, has to be a return to basic sources which constitutes a strong factor in restoring confidence to our national currency........."According to LAWS !!!!!!!!!!!!!!!!!! ........ That are NOW in place with the GOICBI and her recaptured regional banks in Iraq ......... THEY HAVE TO LIFT THE DINAR'S THREE ZEROS from the IMF'S PROGRAM RATE because these LAWS are NOW demanding this step in the MR.

Along with THE GREEN LIGHT from THE IMF to do these LAWS and LIFT THE THREE ZEROS ........... Tomorrow's CBI SS (Spread Sheet) will be in logarithmic growth.

KTFA .......... It may seem silent to You ............... But only because we are with You until MONDAY'S CC.

Aloha ......... From The Heart........ KTFA      Frank

*****
5-30-15 sczin11: DO WE REALLY NEED LAWS PASSED FOR COMPLETION OF MONETARY REFORM? IF SO, A FORMALITY FOR WHAT EVENT? NONE OF THE LAWS ARE DIRECTLY CONNECTED TO A SIGNIFICANT INCREASE IN THE EXCHANGE RATE OF THE NEW IRAQI DINAR.

NONE OF THEM WILL ADD PURCHASING POWER TO THE IMPORTERS...NONE OF THEM WILL BUY MORE PRODUCT FOR THE CITIZEN, FOR LESS DINARS...NONE OF THEM WILL ELIMINATE THE COMMISSIONS AND EXCHANGE FEES FOR CONVERSION OF DINAR TO OTHER FOREIGN CURRENCIES.

AND NONE OF THEM WILL INSTANTANEOUSLY MAKE THE IRAQI DINAR INTERNATIONALLY RECOGNIZED AND TRADABLE ON THE INTERNATIONAL MARKETS...IT IS MY SINCERE BELIEF THAT THE TIMING OF THEIR PLAN, HAS COME...IT HAS BEEN IN THE WORKS SINCE AROUND DAVOS MEETING IN JANUARY, WHEN ABADI STATED, "IRAQ IS OPEN FOR BUSINESS!" 

S3A CHAT UPDATE, 30 MAY

S3A : 

  • Hello all my friends...
    the latest intel from several sources is
    we are looking great for this upcoming week...
    • Ohh My!!...
      You Pushed the Prompt Button Again!!..
      Now We're Surrounded!!
      You're On Que Omega Man!! Good Work..
      I Luv It$$$$$
    • Hello OM..Perfect timing...for this upcoming week..got that too!!
      shuffle..ping..pingback..ohh my!$$$$..  

TNT POST : ZIM QUESTION, 30 MAY

    • SouthernLady6 said
      11:49 AM May 30, 2015
    Tony mentioned on his last call that if we have Zim we need to exchange it as soon as it goes live.  It' sounds as though we will have a limited amount of time before the ZWR 100T note expires. Does anyone have any information on when it becomes obsolete, or is this information that is not being made public? Thank you in advance Dinar family, for your input.
    • deejay said
      11:53 AM May 30, 2015
    I also have a Zim Question. Where do you buy it? I even checked Amazon where thy have bills available for purchase, but they indicated they are only collector items.
    • BurbankLou said
      12:00 PM May 30, 2015
    I think its June 17 but Tony also said he didn't know what would happen.  They could expire, they could be extended, they could be replaced with other Zims, or the whole Zim deal could go away.  We don't know.
    I believe that Tony said to exchange immediately out of caution.
    Regarding buying Zim, I bought some on Amazon.  They call it collector items because they have no value.  I also bought some on Ebay.  Be careful of how long it takes to deliver.  It can take 10 days.

DINAR GURUS UPDATE, 30 MAY

5-30-2015   Newshound/Intel Guru BGG   [do you think parliment got enough done to have a currency change now or do they need more laws to go thru first...was wonderig since it looks like parliament is on vacation till July?]   I do not believe anything needs to pass Parliament first - maybe the Investment Law shortly after - but that is it.

5-30-2015   Newshound Guru tlm724   Article quote:  "For his part, President al-Jubouri announced the end of the legislative year, indicating that the first session today is the last session after the extension of the Legislative Council for the second semester for a month, confirming the validity of the Presidency of the Council to call a special meeting held in the event of the end of the discussions of the parliamentary blocs on important laws."  on break for a month or UNTIL they call a special meeting held in the event of the end of the discussions of the parliamentary blocs on important laws.

5-30-2015   Newshound Guru Millionday  
 Article quote:  "the presidency is seeking to resolve the issue of the three pass important laws (the National Guard and the Federal Court and the parties) for a vote in agreement with the heads of parliamentary blocs."  THEY PLAN TO VOTE IN NATIONAL GUARD -- PARTIES -- AND THE SO VERY IMPORTANT -- FEDERAL COURT ACT...TOMORROW [SATURDAY].  NOTE -- IN A HUGE RUSH TO GET THEM DONE.  THEY MET YESTERDAY TO ENSURE THIS IS DONE QUICKLY SO THEY ARE GOING RIGHT TO VOTE.  THEY SPENT YESTERDAY REMOVING ALL OBSTACLES IN THE WAY AND I BELIEVE THEY PASSED SOME LAWS YESTERDAY TOO -- EXPECTATION IS OVER 20...LAWS TO BE PASSED.  THEY PLAN ON DOING ALL THE IMPORTANT LAWS TOMORROW [SATURDAY]... 

5-30-2015   Newshound Guru Breitling 
 [Article: In an important step to support the economy through monetary reform the central bank of Iraq plans to introduce bank notes with larger values than the ones in circulation…the market needs large value bank notes because dealing with the large blocks of money in Iraq is very difficult…this plan will reduce the amount of money especially large blocks and make up 90% of the money supply in circulation…the country is suffering from a contraction of liquidity in both dinar and dollars.]  there are not enough dinars out there.   Why?  Because they have reduced the note count.  There's not enough dollars out there.  Why?  Because they are sucking in the dollars to put in their reserves.  Here's the part where people get confused every time…

KTFA CHAT UPDATE, 30 MAY

Mountainman:  CBI SAID......I hear ya too....NOW Psychologically it is going to DRIVE your Country INTO the STRATISPHERE because there is a DEMAND inside and OUTSIDE your Country SHABS!!!

Not to mention the Iraqi Citizens would LOVE to CELEBRATE w/ KOOL and the GANG having INTERNATIONAL status, Purchasing Power to KICK off RAMADAN, and let's NOT forget OLD SLEEPY (MALIKI) is going to have a really, really, BAD RAMADAN.....whenever they WAKE him up......Hmmm.......Yes it is going to be his Worst nightmare....

ONE YEAR ago JUNE 10, 2014, He committed TREASON against his Country and PEOPLE!!! LAWS are Awaiting You (M)!!! .... I'd be Scared too!!!

It's about........TIME..ING....   Blessings, Mountainman

Frank26:  Add this to YOUR thought process:

If.   They woke him up.

It would only be because the MR was announced.

imo.     imo Strong opinion.       KTFA   Frank

....
**********

Frank26: 
 Silently with a mature discipline of wait ........ This is what has ALL our TEAMS excited:

(See Article Below)

"........according to the monetary banking law, has to be a return to basic sources which constitutes a strong factor in restoring confidence to our national currency........."

According to LAWS !!!!!!!!!!!!!!!!!! ........ That are NOW in place with the GOICBI and her recaptured regional banks in Iraq ......... THEY HAVE TO LIFT THE DINAR'S THREE ZEROS from the IMF'S PROGRAM RATE because these LAWS are NOW demanding this step in the MR.

Along with THE GREEN LIGHT from THE IMF to do these LAWS and LIFT THE THREE ZEROS ........... Tomorrows CBI SS (Spread Sheet) will be in logarithmic growth.

KTFA .......... It may seem silent to You ............... But only because we are with You until MONDAY'S CC.

Aloha ......... From The Heart........ KTFA      Frank


**********

walkongstick :
The deletion of zeros from the Iraqi currency restores its monetary value - Fahd Antar Dokhi ***

Was Alojdrb (Bremer) head of the Iraqi destruction authority when it canceled the Iraqi currency of the former regime the end of 2003 to find a coin which reduces the presence of zeros, the fact that the Iraqi economy, the traditional inflation stages exceeded even arrived to the brink of collapse, and this procedure is one of the means at hand to address the weakness of the value of the Iraqi dinar, according to the monetary and banking law, has to be a return to basic sources which constitutes a strong factor in restoring confidence to our national currency, it is deleted three zeros from Almtadolh currency now put metal and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils) .. which will bring the following benefits:

1. Ease of circulation and clarity and knowledge of monetary value easily even to foreigners and Hmaaaml Assistant to buy and handle them and trust the other hand, the lifting of monetary value against other currencies ..

2. Altfelicat paper perishable and damage, in contrast, the coin is not affected trade and the use and therefore can be manufactured again.

3. reduces the cost of printing Tabaha.az that JD (25) which will replace the 25 thousand dinars Alnaamhalmtdoualh currency is currently easier and quality will be high ..

4. strengthen the fabric and improved through the addition of the elements of the global currency that is not affected by natural factors such as water, and bear scrubs and tear resistance and decay.

5. reduce the cost of storage in banks, because we need to Qasat less and less effort and also the lower the number of employees by the more control and insurance prohibitively high.

6. easily transported over long distances and easily provide a high proportion of them safely.

7.. Strong cash currency contribute to strengthening the elements of the national economy.

8. provides speed and accuracy in trading in settling accounts.

9. gives the workers, giving them greater self-confidence.

10. is the risk of error in the calculation of its simplicity and clarity.

11. This will rebuild global confidence by banks and increases traded.

12. also provides cash to expand its value against the US dollar, the euro and the EU.

13. The printed specifications make them immune to fraud. There are a lot of countries that embarked on this procedure, including the Turkey even scrapped term million to replace the thousand, and can develop a mechanism to withdraw the old currency by subtracting the new currency with them and set a time ceiling to suspend trading Balkadimh record for a period of Omayorasth months, in light of that holds the government banks did not place them again in the Dealing even decay within the period specified ..

* Fahd Antar Dokhi member Iraqi Economists Association      LINK  
Frank26:  The HCL to us is The Mother of all LAWS ............. As this one is The Father of them all.

Trust me when we say .......... These are bigger STEPS taken than Neil Armstrong took on ........ July the 20th.  (See Article Below)

KTFA    Frank


**********

walkongstick : Kurdish lawmaker confirmed on Saturday that the government is ready to work the new tariff Kurdistan region.

Said Finance Committee member Abdul Qader Mohammed in a statement to / scales News /: "The provincial government is ready to work the new tariff, after the visit of a delegation of the parliamentary finance committee to the Kurdistan region and discuss with the Ministry of Finance in the region about all of these topics."

"The delegation concluded with the Ministry of Finance in the region to work the new tariff by the end of next July."

He said that "for the decision of the Prime Minister Haider al-Abadi discontinuation of the new tariff the first of August next to a very, was supposed to be a decision to implement it as soon as not to stop the work done, as this tariff lead to increased imports of Iraq and to increase Iraq's income."

It is said that the President of the Independent Parliamentary Bloc MP Sadiq frankincense confirmed on Saturday that the prime minister Haider al-Abadi face to stop the introduction of the new tariff the first of August next up to and until the completion of officials of the Kurdistan Regional Administrative their procedures for the application of the tariff at border crossing points. " ended 29/8 j   LINK

Renminbi goes global, 30 MAY

Paul Mackel, Head of FX Research, Asia-Pacific, HSBC
China aims for currency’s inclusion in IMF Special Drawing Rights basket
globalconnections.hsbc.com/global/en/art...l#.VWb3rn7zMsg.gmail


China’s currency is coming of age. Beijing is promoting the internationalisation of the renminbi with the aim of it being included in the IMF’s Special Drawing Rights basket.

The renminbi faces both cyclical and structural forces. On a cyclical front, policymakers are easing monetary policy to support growth, but on a structural front, they are promoting reforms aimed at improving the quality of growth and internationalising the currency.

The calming of the dollar’s bull-run is making both cyclical easing and structural reform more palatable in the near term. But it is in China's interest anyway to front-load such measures because of the rapid deceleration in growth and inflation and because the IMF’s review of the SDR basket scheduled for late 2015.

China's leaders have repeatedly committed to keeping the external value of the renminbi broadly stable, despite domestic economic challenges. However, for the currency to be included in the SDR basket, the renminbi needs to become more freely usable – which means a more open capital-account structure and the currency’s increased use for international trade and investment purposes.

By ruling out short-term currency devaluation, policymakers and the private sector are more incentivised to pursue economic and financial reforms to resolve the structural problems of low growth and high debt.

But a stable renminbi over them medium-term is also seen as a pre-requisite for a reserve asset. Gaining SDR status could over time lead to greater use of the renminbi among official reserves managers and eventually even see China become a global lender of last resort. Furthermore, such a national goal could spur greater domestic reforms, as happened with China joining the World Trade Organisation in 2001, when manufacturing and trade opened up and boosted growth.

China is making good progress on these reforms. The past year has seen the initiation of the Shanghai-Hong Kong Stock Connect and rapid expansion of portfolio investment flow schemes. This year, could see the launch of the Shenzhen-Hong Kong Stock Connect, schemes to open the onshore bond market and allow more onshore market access to foreign banks, plus more deregulation for currency transactions in the new free-trade zones in Guangdong, Fujian and Tianjin.

By opening up the capital account and allowing private-capital flows to offset current-account inflows, the central bank can become more hands-off in the currency market over time. When the renminbi becomes more market-oriented and recognised as a reserve asset, the bank will no longer require such a large chest of reserves.

The existing stock of reserves is being deployed into more productive uses such as funding infrastructure projects via the New Development Bank, the Asian Infrastructure Investment Bank and the ‘One belt, One Road’ fund. They could also be used through capital injection to local banks to support domestic lending and debt structuring.

China’s central bank has re-established market confidence in the renminbi via its currency policy and comments. Now, Beijing can also manage the exchange rate by adjusting the pace and order of its capital account liberalisation.

WALKINGSTICK:The deletion of zeros from the Iraqi currency restores its monetary value, 30 MAY

 walkingstickThe deletion of zeros from the Iraqi currency restores its monetary value
Fahd Antar Dokhi *

Posted on 29 مايو 2015 by space Uruk

Was Alojdrb (Bremer) head of the Iraqi destruction authority when it canceled the Iraqi currency of the former regime the end of 2003 to find a coin which reduces the presence of zeros,

The fact that the Iraqi economy, the traditional inflation stages exceeded even arrived to the brink of collapse, and this procedure is one of the means at hand to address the weakness of the value of the Iraqi dinar, according to the monetary and banking law, has to be a return to basic sources which constitutes a strong factor in restoring confidence to our national currency
It is deleted three zeros from Almtadolh currency now put metal and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils) .. which will bring the following benefits:

1. Ease of circulation and clarity and knowledge of monetary value easily even to foreigners and Hmaaaml Assistant to buy and handle them and trust the other hand, the lifting of monetary value against other currencies

2. Altfelicat paper perishable and damage, in contrast, the coin is not affected trade and the use and therefore can be manufactured again.

3. reduces the cost of printing Tabaha.az that JD (25) which will replace the 25 thousand dinars Alnaamhalmtdoualh currency is currently easier and quality will be high

4. strengthen the fabric and improved through the addition of the elements of the global currency that is not affected by natural factors such as water, and bear scrubs and tear resistance and decay

5. reduce the cost of storage in banks, because we need to Qasat less and less effort and also the lower the number of employees by the more control and insurance prohibitively high

6. easily transported over long distances and easily provide a high proportion of them safely

7. Strong cash currency contribute to strengthening the elements of the national economy

8. provides speed and accuracy in trading in settling accounts

9. gives the workers, giving them greater self-confidence

10. is the risk of error in the calculation of its simplicity and clarity

11. This will rebuild global confidence by banks and increases traded

12. also provides cash to expand its value against the US dollar, the euro and the EU

13. The printed specifications make them immune to fraud

There are a lot of countries that embarked on this procedure, including the Turkey even scrapped term million to replace the thousand, and can develop a mechanism to withdraw the old currency by subtracting the new currency with them and set a time ceiling to suspend trading Balkadimh record for a period of Omayorasth months, in light of that holds the government banks did not place them again in the Dealing even decay within the period specified

* Fahd Antar Dokhi member Iraqi Economists Association

Link to Article

EXCERPTS OF RRRR, BREITLING & DELTA, 30 MAY

5-30-15 rrrr: Ok, Let me clarify as many of us are confused…. the Iraq Parliament Adjourns on Sunday….. Abadi has stated on numerous occasions that parliament will not adjourn until the Monetary Reform is completed.

What this means is that parliament’s job is complete…. There is nothing left to do but “PRESS THE FRIGIN BUTTON”.

The US, IMF, CBI, and Willy Wonka have all give their approval.

This Puppy is ready to go…. FUR SHUR… FUR SHUR… This RV is about to explode. 

*****
Breitling - You want to know my mood about Iraq?  It’s unbelievable what’s coming out!  I’m going to be in Iraq for the next 20 years…I’m heavily in the ISX…I have stock and I’m getting ready for when they are on NASDAQ so whatever the situation is, [whether] ISIS or Iran does something,  that’s what I’m aiming for.
______________________________________________________________
Delta - The article came out today the currency…the new notes are going to compete with the other currencies in Iraq – meaning the dollar, the Euro’s or whatever they’ve got there. They stated they were going to give value to the Iraqi dinar…indirectly they are giving you the announcement right there. I’m excited!

DINAR IRAQ & DONG VIETNAM UPDATE, 30 MAY

DINAR IRAQ & DONG VIETNAM :AFTER THE IRAQ WAR, NEW CURRENCY WAS PRINTED AND RELEASED. FROM THAT POINT OF RELEASE TO NOW, A JOURNEY OF DECREASING THE MONEY SUPPLY, OR REDUCING THE NOTE COUNT AS I LIKE TO SAY, OCCURRED. THIS WAS DONE IN IRAQ BY DOING CURRENCY AUCTIONS. THOSE AUCTIONS STILL EXIST IN SOME FASHION BUT THEY ARE HIDING THEM CAREFULLY…THEY SIMPLY SOLD DOLLARS AND TOOK DINAR IN PAYMENT FOR IT.
THE VALUE HAS SKYROCKETED BY REDUCING THIS NOTE COUNT. THEY ALSO ADDED VALUE BY STICKING TO AN OPEN GOLD PURCHASING POLICY. IN ADDITION THEY CAN ADD VALUE BY INCREASING BLACK GOLD PRODUCTION WHICH THEY ARE ON A PATH TO DO. THEY CAN ALSO INCREASE VALUE BY VALIDATING PROVEN MINERAL WEALTH IN THE GROUND AS WELL AS SIMPLY ADDING CASH TO THEIR RESERVES. ALL OF THESE ARE OCCURRING. IF WE IGNORE THE POLITICAL DRAMA AND FOCUS ON THE MONEY SIDE OF THE EQUATION WE CLEARLY SEE THE PLAN IRAQ USED TO BRING THE CURRENCY BACK TO ITS FORMER GLORY!
*****
Article – “The Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, in 20 of last March, that the amendment of the investment law, investors will be in service…”
THE INVESTMENT LAWS WERE AMMENDED TO MOVE FORWARD WITH SPEED FOR THE INVESTORS.
[Q. Does that mean that the Investment Laws have been voted through?]
A. THE INVESTMENT LAWS WERE JUST BEING AMENDED — SO IT APPEARS THEY ARE PART OF THE LAWS MOVING FORWARD.
*****
[With the CBI lending/giving money to the GOI and banks, is this a good sign?] I don’t think it’s a bad or a good sign. The CBI does whatever it wants and as long as I’ve been watching this deal, they ALWAYS stay on top of every aspect. With that said, I don’t worry about what they do until the day they change the rate. Everything else is just fluff and filler. I know that Iraq has major potential to increase the value of their currency, and that hasn’t changed at all.