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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, August 8, 2015

TNT CHAT UPDATE, 9 AUGUST

TNT:

Stardust: 
 This is guy named Art. He's also saying he got word that they started Admiral's group started this morning in Reno and we should go Monday or Tuesday. Also heard bank in KC got word from IMF that we will start on Monday

Islandgurl:
  Art is on OM (Open Mic) ....Possible exchange on Monday afternoon into Tuesday. Also, treat as Rumortel but it seems quite possible. Art is still speaking.

IMO,This is one weekend it is truly not quiet even though there is a media block out in Iraq.

Allegedly, we should be going to the Banks starting Monday afternoon into Sunday. You heard that before correct? Well, this time it could be the "Real Deal!" Let us continue to Pray..

Allegedly, the new notes price tag could be @ .27. They are saying the Whales are exchanging now and the groups will be following and then all others.

Uni345ty:   Praying islandgurl that we will all have bank appointments Monday going into Tuesday

EXCERPTS OF OOTW, 8 AUGUST

Article quote: "Fitch Ratings graded Iraq today as being at risk of default due to insecurity, financial difficulties and poor governance, in its first rating of the country." THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME -- THEY'RE ON CREDIT PROBATION.
TO ME, THIS SEEMS LIKE THE LOWEST RATING THEY CAN HAVE AND ALLOWS THEM TO JUST BARELY BE ABLE TO OFFER THEIR BONDS WITH ANY KIND STABILITY - ON THE EDGE OF UNSTABLE. PERHAPS THE ONLY WAY THEY'LL DRAW IN INVESTORS IS TO OFFER A HIGH YIELD BOND. 

DEALER OF IRAQI DINAR IN PUERTO RICO UPDATE, 8 AUGUST

DEALER OF IRAQI DINAR IN PUERTO RICO : People greetings. With the news that has come out in the last days, it is that we are on the right track. And that this is high risk - remains unsecured and unsecured high risk because they have no control over it. And I always said that. You only have to read news to see that there are ups and downs and all purchases of currencies. All we have taken the risk and what they're betting that the Government of Iraq, climb VALUE OF Dinar, especially (should) when climbing oil exports (Casablanca). And if they were to ~ why we're here after all this time because we hope that can be overcome as international agencies have said. This is not like Kuwait and that as in the past obviously. We are in Victoria because God is Good. You like it or not.

PS: Here in the same as you expected. When is it? I dont know. How much? I dont know. I do not understand why I keep asking that? Nobody knows when. Do not get carried away by rumors. God is Good.

SPANISH :Saludos Gente. Con las noticias que han salido en los ultimas dias, se ve que estamos en la vía correcto. Y eso que esto es de alto riesgo - no garantizados y sigue siendo de alto riesgo no garantizados porque no tenemos el control sobre el mismo. Siempre e dicho eso. Solo tienen que leer noticias para ver que hay sus altas y bajas como en todo compras de monedas. Todo nosotros hemos tomado el riesgo y estamos apostando lo que han dicho el Gobierno de Iraq, HAY QUE SUBIR EL VALOR DE LOS DINARES, especialmente (debe) cuando sube las exportaciones de petroleo (Casablanca). Y si, han sido a~nos por eso estamos aquí después de tanto tiempo porque tenemos la esperanza que pueden superarse como han dicho agencias internacionales. Esto no es como Kuwait como e dicho en el pasado obviamente. Estamos en Victoria porque God is Good. Guste o no le Guste.


pd: Aquí en la espera igual como ustedes. Cuando es? No se. A cuanto? No se. No entiendo porque me siguen preguntado eso? Nadie sabe cuando. No se dejan llevar por rumores. God is Good.

DINAR GURUS UPDATE, 8 AUGUST

8-8-2015   Intel/Newshound Guru Poppy3 ...MY SOURCE SAID...THEY HAVE THEIR LIST AND KNOW WHAT THEY MUST DO AND THEY HAVE FULL AGREEMENT AND WILL NOT STOP TILL IT IS ACHIEVED.   

8-7-2015   Newshound Guru Aggiedad77
 "Babylon celebrates the transfer of powers and their portfolios confirms that the project will happen quantum leap"  Thursday celebrations in the province of Babylon mark the transfer of powers from some ministries to the local levels and make it appear encouraging that others are to follow as well...good news for the provinces and local governments as Baghdad makes these moves to show support for their abilities to carry forward with work that was formerly reserved only at the state level...good signs of things to come that are positive and proactive from this government.

8-8-2015   Newshound Guru OOTW
   I'VE BEEN ROLLING AROUND THE CESSATION OF THE TARIFFS... I CAN SEE HOW THE STATEMENTS FROM THE PM AND KEYWORDS ONLY LEND AT LEAST SOMEWHAT MORE CREDENCE TO THE FACT THAT THEY DO INTEND TO INCREASE THE VALUE OF THE DINAR AND ARE ONLY/SIMPLY BEING MORE CAUTIOUS IN THEIR APPROACH.   AND I CAN ONLY SEE THAT THIS WOULD END UP LENDING MORE STABILITY TO THEIR MONETARY POLICY WHEN THEY DO DECIDE TO IMPLEMENT THE TARIFFS.

8-8-2015   Intel Guru Frank26
   The CR (Credit Rating) was issued at a B minus but given as STABLE.  Moody and Finch is the first to report this last night. The other agencies are waiting for instructions.  It is NOW Iraq's Sovereign CR. Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency.  The RI is being kicked in iMO and the B is the RI phase that will take us into the RV.  

8-8-2015  Intel Guru Frank26 
 We have information that this Saturday meeting may be bigger than most meetings by the CBI. Why is it at a hotel with luxury for thousands that are coming...why the royal treatment? Why at the same moment the IMF reiterates that Alack is only the acting governor of the CBI for now? Why is the GREEN ZONE blocked again today? Why is Abadi letting the protestors have their way against the corrupt officials of their country?  Why did the defense minister arrest 35 last night? Why is the GOI scattering like cockroaches? Abadi dismissed all of M's followers and they are not getting paid by the GOI.  Many small things are leading to one big thing.  IMO...the thousands that will show up at the Sheraton tomorrow [Saturday] may be that the CBI is announcing..."open for business".

FRANK26 UPDATE, 8 AUGUST

The CR (Credit Rating) was issued at a B minus but given as STABLE.  Moody and Finch is the first to report this last night. The other agencies are waiting for instructions.  It is NOW Iraq's Sovereign CR. Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency.

The RI is being kicked in iMO and the B is the RI phase that will take us into the RV.  We have information that this Saturday meeting may be bigger than most meetings by the CBI. Why is it at a hotel with luxury for thousands that are coming...why the royal treatment? Why at the same moment the IMF reiterates that Alack is only the acting governor of the CBI for now? Why is the GREEN ZONE blocked again today?

Why is Abadi letting the protestors have their way against the corrupt officials of their country? Why did the defense minister arrest 35 last night? Why is the GOI scattering like cockroaches? Abadi dismissed all of M's followers and they are not getting paid by the GOI.  Many small things are leading to one big thing.  IMO...the thousands that will show up at the Sheraton tomorrow [Saturday] may be that the CBI is announcing..."open for business". 

TNT CHAT UPDATE, 8 AUGUST

TNT
Airam:  IKO one question .....the B- given to Iraq ....does that means Iraq is internationally good for business ...... and what about the currency ....good for business with monopoly currency

Iko Ward:
  Airam...it means they are moving toward legitimacy. Everybody wants this thing to go off like a Staples EASY Button. It doesnt work that way. Wish it did, but the world is now a very complicated place.

June1:
  IKO -Yes this world is so complicated - unbelievable so!!  that is why the longer they take the harder it gets!! a leader has to make a decision - he has to make a judgment or choice he definately has to make that to make that touchdown - there is no turning back!!

Airam:  IKO The WTO  admission requires this or the international currency .....sorry if it's a dumb question ....but just trying to learn….. This kind of economic movement have never been done before so I understand that different situation may arise and have to be worked out....in the moment .....things mayb not thought before and as economics is like a revolving door .....always moving and changing
....
Iko Ward:  Airam... I think they are testing this just as they have tested everything else. When this hits it will rock the cradle and they are all very nervous.

AuthorSO: :  Here is a short youtube video about Iraq's credit rating by Fitch. This video is 4 minutes 25 second in length. It is very informative.
https://www.youtube.com/watch?v=4HSgnNdWp8o     

AuthorSO:  If I were an investor ;) just hearing about this new rating for Iraq, I would see this as an announcement of a new currency in town. Guess what folks, two major dealers are shut down. Amazon and Ebay are running out of currency. What does this tell us all? Go RV..............

The Credit rating means there is a rate hidden somewhere

It is more than a start. It is a process that has began.

We are probably in the midst of a RI right now and not hearing anything about that just yet.

RV is the next step

**********

Ivantulofitov:  F26 quote > Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency. The RI is being kicked in iMO and the B is the RI phase that will take us into the RV.

Airam:
  Frank26 The CR (Credit Rating) was issued at a B minus but given as STABLE. Moody and Finch is the first to report this last night. The other agencies are waiting for instructions. It is NOW Iraq's Sovereign CR…..

Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency. The RI is being kicked in iMO and the B is the RI phase that will take us into the RV…..

Many small things are leading to one big thing. IMO...the thousands that will show up at the Sheraton tomorrow [Saturday] may be that the CBI is announcing..."open for business"..

**********

Mangelo:  and on the other side we hear the whales are going through and we should be next......wow, sometime i get a little confused.... i guess that's natural.

Rrrr:  The tariffs were delayed for one simple, obvious reason... The RV and the approx.. 4 reform laws (one of which is the National Guard law) that will be announced and implemented at the same time, need to happen first, to insure both border security and sufficient dinar rate…. IMHO

OK Rocks
:  The CBI meeting happened... The Reform is happening... The Citizens, Religious Leaders and Blocks are backing Abadi for the Government Reform! To Clean out all the corrupt within... This is all good folks

Rrrr:  “If you build it, it will come”. It has been built! It will come without all the judging, blaming, analyzing, miss-informing, complaining, and negative comments! Seize this Moment of RV. It’s a truly magical moment. Be in awe that you were chosen to receive this Blessing. Don’t try to touch it. Just feel its presence. Don’t try to understand it. Just know that it is here. No questions, No doubt. When the time is perfect, the universe will Break it Out.

Airam:
  no higher PURCHASING POWER ....no TARIFF......they need RV

Rrrr;  It is a Magical weekend in August, only hours from RV, I’ve done my plan A…. I’ve done my plan B, Heck, with all this free time, I’ve got a C and D. Whatever occurs, it WILL quench our thirst. Enough to PIF the world, enough to make our pockets Burst. So let us give Thanks, as our moment is near

Airam:
  This is getting better by the minute ppl .....just hang on .....always knew it was going to be rough at the end of the ride

KTFA CHAT UPDATE, 8 AUGUST

KTFA:Purifiers :Good old Abadi... GOICBI    Hayder al-Khoei ‏@Hayder_alKhoei

Bold proposal by Bahralolom: calls for abolishing quota, resignation of National Alliance ministersAbadi picks cabinet & gets on w/ reform

https://twitter.com/Hayder_alKhoei/status/629659899861925888

Frank26: 
 Yes !!! ... !!! ... !!!

Watch this ....... GOICBI = ONE. "......... and get on with the reform."

Yes ........ Both GOICBI are of one accord.

To complete .......... THE REFORM ......... Of many things in Iraq.
Winky Winky ........... KTFA      Frank
....
************

Terry43 :   Figured that your "eye" is on the situation. Wink. Wink.

Frank26
:  Both of them ........ Lets say we are the Eye of a Storm that stays Calm as we study the Hurricane around us in The MR of the IQD.   lol


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

Another Mailman:  Love it! Honeymoon is over for Abadi! Get something done or get a walking! Enough talking, more doing! (See Article Below)

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Frank26:  NO !!!!!!!!!!!!!!!!!!!!!!

These are FALSE professional protestors not the TRUE amateur protestors.

Trust me........ Please.

If this is a protest ........... Then they need to learn how to do one.

Looks more like a family reunion with auntie making food for all after the party.

i grew up during the Civil Riot Movements of America in Chicago and Detroit during the 60's.

This is ridiculous.

Trust me when i tell You ........... They don't even know why they are gathered there!

KTFA   Frank


**********

Outdoorlady79:
  So this article indicates it has an image from August 7th of protesters in the streets. I clicked on the link to see it. Funny the heat index is like 160 Fahrenheit over there or something crazy, these people don't look like they are melting in the heat, sweating, etc. I'm not really buying into this article much.

Frank26:
  Nor should they sell this nonsense to us.

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

Purifiers:
  Sir... if I may,   IMO, You are SUGGESTING that we IGNORE news about protestors in Iraq...

WITH MOTIVATION... THEY ARE "PROMPTED"... TO SHOW US... UNTRUE (OR OLD) PICS... (AND VIDEOS TOO) .... WITH PURPOSE TO MISLEAD...

So... that being said... IMO... there are "FALSE"... PROTESTS IN IRAQ...

I believe your TEAMS... Frank (feet in places that know)... over news, articles... and Tweets... about protests

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

Frank26:  Correct ........ It is desperate propagated ......... Ca Ca.

Why don't they tell You about the protesting of corrupt GOI/CBI?

KTFA   Frank


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

Bluedog:  IMO ............ I SEE THE PROTESTS AS A SET UP BY CLERICS AND A PORTION OF THE GOI ............ THESE WERE MEANT TO CLOUD THE ARENA .....

THEY ARE VERY PEACEFUL PROTESTERS ....... WHY NOW AND NOT 2 MONTHS AGO OR LAST YEAR ....... PROGRAMED .....

IMO WHILE EVERYONE READS NEWS OF THESE PROTESTER THEY LOSE THE FOCAL POINT OF WHAT IS REALLY HAPPENING ......

Frank26:   BULL.................. S................ EYE !!!

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

dnari131
 The Washington Post   ‘We've had enough’: Baghdad protests challenge Iraq's Abadi

Iraqi protesters shout slogans and carry Iraqi flags during a demonstration at Tahrir Square in central Baghdad on Aug. 7. Thousands took to the streets in the different provinces of Iraq, fueled by anger over electricity shortages and demanding better services, economic reforms, and the end of corruption

BAGHDAD — Tens of thousands of angry Iraqis took to the streets to demand changes to their government Friday in a potent challenge to Prime Minister Haidar al-Abadi from his own Shiite constituency, including the country’s powerful militias.

Chanting crowds thronged Baghdad’s central Tahrir Square and jammed the main streets around it, some calling on Abadi to fire corrupt ministers and others urging more sweeping changes to the entire system of governance installed after the U.S. invasion of 2003.

The protest was the biggest in a surge of demonstrations that have erupted across the country over the past week as Iraqis enduring an unusually intense heat wave vent frustration with their government, which has proved unable to provide basic services 12 years after the invasion left the country’s infrastructure smashed.

The numbers in and around Tahrir Square far exceeded a much smaller demonstration a week earlier that had been organized by an assortment of secular activist groups to protest the lack of electricity at a time when temperatures are routinely hitting 120 degrees or more.

Friday’s, in contrast, had the backing of the powerful Shiite factions whose militias are leading the fight against the Islamic State and who have increasingly been agitating for greater political power. It also had the support of the highly influential religious leader Ayatollah Ali Sistani, regarded as the voice of Shiite moderation.

In a statement issued at Friday prayers, one of Sistani’s top aides called on Abadi to do more to combat widespread corruption in his government.

“What is needed from [Abadi] is to be more daring and braver in his reforms,” said the aide, Ahmed al-Safi.

Abadi responded with a statement vowing to heed the protesters’ demands.

“I promise to announce a comprehensive reform plan,” he said in the statement.

Similarly large protests were held across the Shiite south, including in the cities of Basra, Najaf, Karbala and Nasseriyah, underscoring the building challenge to Abadi, who was appointed a year ago at the urging of the United States to bring new impetus to the fight against the Islamic State. But he has struggled to wield his authority on a government widely perceived as corrupt and ineffective, and the power of the non-state militias has further eroded his ability to act.
Picture
Some of the demonstrators called directly for Abadi’s resignation.

“You have killed our joy and stolen our dreams. We don’t want you anymore,” said one banner held aloft above the crowd, which included families and older people who said their sons were fighting with the militias.

Though all the demonstrators complained about corruption and the lack of services, there were noticeable differences in their demands, reflecting rifts emerging among Iraqi Shiites as the fight against the Islamic State unfolds.

Supporters of Qais al-Khazali, who heads the powerful Iranian-backed Asaib Ahl al-Haq militia, echoed his demand for the abolition of Iraq’s elected parliament and its replacement with a presidential system of government.

“If you think you can carry out reforms, we are with you,” Khazali said in a televised statement late Friday night. “If you think you can’t, resign.”

The protesters also included a sizable number of supporters of former prime minister Nouri al-Maliki, who suppressed similar demonstrations against the corruption of his government four years ago by detaining and intimidating organizers. Maliki, who has not attempted to hide his hopes of returning to power, issued a statement calling on Abadi “to hit corrupt officials financially and politically.”

Many demonstrators said they had turned out only to demand what Lamia Fadhil, 29, called “a decent life.”

“For more than 10 years the government didn’t provide anything for us. No electricity, no services and no jobs,” she said. “That’s it. We’ve had enough.”

https://www.washingtonpost.com/world/weve-had-enough-baghdad-protests-challenge-iraqs-abadi/2015/08/07/1649ed0c-935a-4a4e-b5a2-9cdf10ded010_story.html
abundantlyblessed :Something significant to 9 Frank?

Frank26:
   No ..... 2 ....... 12.

iMO ......... There are 12 families with enough POWER to tell You .... Me ....... The World ....... That THEY run the planet.

Fine with me ............ For i am NOT of this world.

They can have it.   KTFA     Frank


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

Bluedog:  Sistani closed his hand on the parties in power and throw the ball in the playground Abadi

Sat Aug 08 2015

At the time shook the Supreme Shiite authority in Iraq hands of parties in power, religious or secular, a number of Shiite clerics, who belong to the Islamic parties in Iraq have warned of attempts to overthrow the secular rule of the Islamists in Iraq, with the exception of the Sadrists who called Khtabaahm people to demonstrate in The first split of its kind within the religious system.

As was launched in Baghdad and seven provinces, central and southern demonstrations are the largest of its kind in 12 years in order to fight corruption in all aspects of the state and total failure to resolve the electricity crisis, with temperatures exceeded session, has carried the supreme religious authority, parties in power responsible for what ails the length of the country from the problems of the past years.

http://www.sotaliraq.com/mobile-news.php?id=213249#axzz3iCtmKzlM

JUST TO BACKUP WHAT I POSTED ABOVE ...... ........ Bluedog


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

aggiedad77 » August 8th, 2015, 7:15 am  Good Evening/Morning Boss

To "ape" a brother of mine from a different mother....."WHAT'S SHAKIN'?"

Let's get a room by the pool and watch what happens.....Sheraton Baghdad...."gold" points are taken there of course

As the "housekeeping" work is done, we can just sit by the pool and drink our fancy umbrella drinks and watch the cockroaches scurrying for cover....only to find no cover available....their bank accounts drained back to the citizens....their passports no longer worthy of any class of travel.....pay the piper they must
So did you get to say "Book 'em Dano" from your vantage point on the beach.....little did they know of the real star they had in the eye of the lens

It seems that all is good, even "heavy" my friend.....the banks will be excited

I pray for the "fireflies" may their antenna's be abuzz with excitement of all the GOICBI is about today

How quickly tides turn, one must be always wary of the direction of the tide to avoid being swept away.....so many have been blinded by corruption's eye they don't notice the tide runs against them

Aloha   Randy

MY LADIES & MEMPHIS CHAT UPDATE, 8 AUGUST

Thanks My Ladies for allowing us to share from your private chatroom:

Late Friday Night:

Princess DD: Did you read Nova's comment from this afternoon?  I thought it was very good   Link

Blessed153: Yes. Said they are ready and waiting for the new mechanism -waiting for their turn.

MVL:  My understanding of his post is that the ripples of what is currently underway haven't touched the Iraqi shoreline just yet, but are headed that way.

Joey:   "Standard & Poor's   S&P.com will be conducting routine maintenance Friday at 8pm through Sunday at 5pm, New York time. Site performance may not be optimal and there may be a period of time where there are no ratings updates. We apologize for the inconvenience and thank you for your patience."   HUMM strange
....
MY LADIES:  NOTHING STRANGE AT ALL, MOST SITES RELATED TO FINANCE AND BANKING UPDATE OIVER THE WEEKEND

Bandito Rox:
  https://www.washingtonpost.com/world/weve-had-enough-baghdad-protests-challenge-iraqs-abadi/2015/08/07/1649ed0c-935a-4a4e-b5a2-9cdf10ded010_story.html

MY LADIES:  THEY ARE DEMANDING ELECTRICITY...

Bandito Rox: 
 . They are demanding more then that

MY LADIES:  NOTHING HAS CHANGED ON THE BANKING FRONT

IN THE COUNTRY THEY ARE HOT AND WANT ELECTRICITY, THE ELECTRICITY MINISTRY SPENT 2.8 BILLION ON SOMETHING AND THE DEMONSTRATORS WANT TO KNOW WHAT.

NOTHING TO DO WITH CURRENCY OR US AT ALL

MY LADIES:  Chanting crowds thronged Baghdad’s central Tahrir Square and jammed the main streets around it, some calling on Abadi to fire corrupt ministers and others urging more sweeping changes to the entire system of governance installed after the U.S. invasion of 2003.

The protest was the biggest in a surge of demonstrations that have erupted across the country over the past week as Iraqis enduring an unusually intense heat wave vent frustration with their government, which has proved unable to provide basic services 12 years after the invasion left the country’s infrastructure smashed.

The numbers in and around Tahrir Square far exceeded a much smaller demonstration a week earlier that had been organized by an assortment of secular activist groups to protest the lack of electricity at a time when temperatures are routinely hitting 120 degrees or more.

MY LADIES
: SAME THING AS ALWAYS...SUNNI WANT THINGS BACK TO THE WAY THEY WERE IN SADAAM DAYS..THEY WERE TAKEN CARE OF AND HAD NO WORRIES

FOR THEM DEMOCRACY IS SOMETHING FOR THE WEST.

AS FOR GOVERNMENT???

HUH...LOOK THE RELIGIOUS LEADERS ARE GIVING WARNING AND KEEPING THINGS CALM, THESE PEOPLE DO NOT RECOGNIZE OR CARE ABOUT ANYTHING BUT THE BASICS AND THEY TAKE THEIR QUES FROM THE RELIGIOUS LEADERS.

THEY WANT WATER, ELECTRICITY, AND THE POLITICAL BULL CRAP TO GO AWAY.

TALK IS CHEAP AND THEY HAVE BEEN GETTING LIP SERVICE SINCE 2003. THEY ARE OVER IT NOW.

AS FOR CURRENCY REFORMS, THEY COULD CARE LESS, THIS IS NOT WHAT THEY ARE PROTESTING AT ALL.

MY LADIES: “You have killed our joy and stolen our dreams. We don’t want you anymore,” said one banner held aloft above the crowd, which included families and older people who said their sons were fighting with the militias.

Though all the demonstrators complained about corruption and the lack of services, there were noticeable differences in their demands, reflecting rifts emerging among Iraqi Shiites as the fight against the Islamic State unfolds.

MY LADIES:  AND HERE IT IS...TAKE YOUR ELECTED PARLIAMENT AND SHOVE IT!! THEY ARE ALL CORRUPT!!

 Supporters of Qais al-Khazali, who heads the powerful Iranian-backed Asaib Ahl al-Haq militia, echoed his demand for the abolition of Iraq’s elected parliament and its replacement with a presidential system of government.

“If you think you can carry out reforms, we are with you,” Khazali said in a televised statement late Friday night. “If you think you can’t, resign.”

MY LADIES: AND HERE WHO CAN DENY THEY ARE RIGHT AND OVER DUE FOR CHANGE??

 The protesters also included a sizable number of supporters of former prime minister Nouri al-Maliki, who suppressed similar demonstrations against the corruption of his government four years ago by detaining and intimidating organizers. Maliki, who has not attempted to hide his hopes of returning to power, issued a statement calling on Abadi “to hit corrupt officials financially and politically.”

Many demonstrators said they had turned out only to demand what Lamia Fadhil, 29, called “a decent life.”

“For more than 10 years the government didn’t provide anything for us. No electricity, no services and no jobs,” she said. “That’s it. We’ve had enough.”

MY LADIES: IN THE BEGINNING ABADI WAS A MAN WITH A PLAN...BUT JUST MALAKI BEFORE HIM THE U.S. INFLUENCE IS A BIT MUCH, HIS HANDS ARE TIED TOO TRYING TO HOLD THE OCEAN BACK WITH A BROOM...

THEY NEED A TOTAL UPHEAVAL OF EVERYONE, CORRUPTION SPREADS LIKE SILENT CANCER AND IS HARD TO DETECT UNTIL IT'S JUST ABOUT READY TO KILL YOU.

MY LADIES:
 AND THROWING MONEY AT CORRUPTION IS JUST NOT THE ANSWER!

BELIEVE IT OR NOT LIFE IN THE MIDDLE EAST IS A SIMPLE ONE. THE NEEDS ARE BASIC, THE RELIGION IS KING AND ALL THINGS FLOW SMOOTHLY,

THAT IS OF COURSE UNTIL THE U.S. SHOWS UP AND IS GOING TO SAVE THEM FROM THEMSELVES AND INTRODUCE A JUDICIAL SYSTEM THAT HAS SO MUCH OPPORTUNITY FOR CORRUPTION AND A DO NOTHING POLICY, VERY MUCH LIKE THINGS HERE…LOL…

WELL WE JUST WAIT AND SEE HOW THIS PLAYS OUT. BUT ONE THING S SURE THERE WILL BE NO UNITING THE COUNTRY UNLESS ABADI DOES SOME OF THINGS FOR THE CITIZEN HE PROMISED.

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

[12:29:09 AM] Memphis: ML (in reply to a Q):

"...IN THE COUNTRY THEY ARE HOT AND WANT ELECTRICITY, THE ELECTRICITY MINISTRY SPENT 2.8 BILLION ON SOMETHING AND THE DEMONSTRATORS WANT TO KNOW WHAT."

A press release last week spoke of a contract with an Iranian company to build a plant in Iraq to capture natural gas and produce enough electricity to increase Iraq's grid by a large margin on the order of 33%;  The $ awarded to this project was on the order of the amount mentioned today.  Not 100% on this but it may be the answer.

No matter to me either way just wanting to chime in!  (handshake)

Memphis:
 sovereign bonds to be offered outside Iraq, the dinar industry in America effectively shut down in a week, Fitch Ratings feels it timely to offer an opinion on Iraq's currency.

Nothing to see here I am sure...

But just for grins let's talk about Fitch...

Does it seem kinda like a waste of energy for what many consider to be purely an exotic currency?

 A novelty item in the same class as the Zimbabwe dollar?

We could speculate that the rating they gave is bad, bad news but is it?  Seriously, this is not my wheelhouse.  Is a B- with B (short term) a bad value to assign when just coming out the gate? 


While I must leave that one unanswered I will offer what I believe to be a much better question that needs (is screaming for) an answer.

Why now?

It seems conclusive to this observer that the convergence continues as I hand it off to other bright minds.... (handshake)

note: and as an added bonus Kurdistan is to have their own web domain (.KRD)?  Is it,wrong to compare this to them hanging a sign in the front window:

"OPEN FOR BUSINESS" ?

Memphis: seriously not trying to add hype or anticipation here!  I am dead serious that recent events are causing me to once again ask questions about the dinar.

While some of these happenings may be coincidence ...any objective opinion could conclude that....something's up....and with hindsight we'll see it clearly.  I don't follow other forums but this one seems to have it's finger pretty close to the pulse.  (highfive)
MY LADIES :  “A press release last week spoke of a contract with an Iranian company to build a plant in Iraq to capture natural gas and produce enough electricity to increase Iraq's grid by a large margin on the order of 33%;  The $ awarded to this project was on the order of the amount mentioned today.  Not 100% on this but it may be the answer”

YES THAT'S CORRECT BUT THEY HAVE NOT FIGURED OUT FINANCING YET.

HOWEVER THE 2.8 WAS SPENT OVER THE LAST 2 YEARS SUPPOSEDLY INTO THE ORIGINAL SYSTEM AND ON GRIDS FROM CHINA THAT WERE SUPPOSED TO HAVE ADDRESSED THIS AGE OLD PROBLEM.

SINCE 2003 THEY HAVE BEEN TOLD WATER AND ELECTRICITY WOULD BE FINISHED.

THEY UNDERSTOOD IT WAS LIP SERVICE WITH MALIKI GOVERNMENT BUT NOW 1 YEAR INTO ABADI AND NOTHING HE PROMISED REGARDING THE CITIZENS HAVE COME TO PASS YET.

SO WE SEE WHAT HAPPENS NEXT

MAYNARD57 POST, 8 AUGUST

Here's what I see goin' on and you need to read and discriminate. ML, and Mnt Goat wisely talks about transfer of power to the providences. Providences are sub-swatches of political areas like states, but not exactly. The point is that they have to share the power.

That's what keeps another Sadaam from stepping up.  What drives me crazy is that Finance, this in the whiny bunch of twisted undies folks that keep complaining about everything - are on the undone list.  I would love to go over with a 2 x 4 and put it to proper use.

I have little info and I don't do intel, so, regarding the tariffs and insistence up to this point, WTO made this clear. Clear as need for currency reform.

Just read the WTO Ascension handbook and you'll see what I mean.   I just think Abadi is lighting a fire. I like him very much and I think he may have a plan.  Let's just stay calm, hold our cards like savvy investors and let it play out.

DINAR IRAQ & DONG VIETNAM UPDATE, 8 AUGUST

Dinar Iraq and Dong Vietnam :The Indonesian currency has already been revalued twice, both decades ago. If it weren’t for those currency revaluations, the rupiah would be denominated 1,000 times higher than where it is today. This in a country where rupiah-denominated banking assets already stretch into the quadrillions.
Meanwhile, Indonesia is currency an $8.4 billion current account deficit (that’s US dollars, not rupiah), and Bank Indonesia hiked interest rates nearly two full percentage points recently.
The reason Bank Indonesia did that is simple: they’re desperate to prop up their Indonesian currency. While experts suggested rate hikes of fifty basis points might have been worthwhile, the central bank’s plan to cover their tracks will almost undoubtedly cause problems for the Indonesian economy down the road.
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The foreign exchange market, or FOREX market, is in the immaterial world of ZEROS and ONES which are flowing over the Web between millions of computers twenty four hours a day; five days a week. This is a global market for different currencies, there are no strict rules, some investors can benefit millions of dollars in few second, just due to 1/100 changes of a penny. Here, you can experience the wild face of investment.
For years, countries central banks, commercial establishments and banks, multi-national companies, hedge funds, and multimillionaires have controlled FOREX market.
But recently, standard person can easily access this market online. In a matter of minutes, the one can easily set, deal, or delete an account.
Leverage made this possible. Now, you can see FOREX broker accounts with (400:1) leverage. This makes the minute changes in a penny worth a lot.
However, some people are not utilizing leverage in their investments in the FOREX market. Actually, they don’t even need a computer or an internet connection. For such people, a shoebox at the bottom of their closet or under bed is more than enough. These simple people invest their money by buying as much as they can from a weak currency, like Vietnamese dong, and then trade it against US dollar, actually they invest in patience.
American invasion to Iraq, has directed the attention to investment opportunities in Vietnamese Dong. It is worth mentioning that the circulation of dong currency is one of the weakest in the world, ranging around (21, 000:1). Unfortunately, ten years of depreciation caused the dong to be in this bad level.
But the growth of Vietnamese economy hits the second place after Chinese economy. Constantly, Vietnam is experiencing an increase in; foreign direct investment; the growth of good business; and good economic news. Most likely, the one thing that keeps the value of the currency at its present level is the desire of Vietnamese government to minimize the export price.
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An investor who wants to buy a country’s currency should have adequate knowledge about that country’s economic activities, and the exchange rate of that country’s currency as compared to the dollar or pound or yen. An investor needs to be concerned about the inflation rate of the country, its potential for growth in the near future, the rate of unemployment and its political stability. The other indicators of economic status of a country are its export items, balance of payment and foreign exchange reserves.
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