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DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, August 28, 2015

POPPY3 TIDBITS, 28 AUGUST

Poppy3:   ANYONE TELLING YOU THERE WILL BE A GLOBAL CURRENCY RESET IS FULL OF BULL.

CHRISTINE LAGARD ANNOUNCED TWICE IN NATIONAL SPEECHES THAT THERE IS NO SUCH THING.  ...THERE WILL NOT BE ANY GLOBAL RESET PERIOD.  ...

I WAS TOLD YESTERDAY TO JUST PAY CLOSE ATTENTION TO THE NEXT 4 DAYS FOR WHAT CHANGES ARE MADE AND THAT THE CBI SAYS THEY ARE NOW READY AS SOON AS THE PARLIAMENT FINISH THEIR DUTIES...

WHAT DUTIES THAT IS, TO US IS NOT KNOWN AT THIS TIME. 

I DID HEAR THAT THE HCL WAS BROKEN INTO THREE PARTS SO THEY COULD APPROVE ONE PART THAT THEY AGREE 100% ON AND IT WOULD ALLOW ABADI TO GET THE RATE CHANGE HE NEEDS AND WANTS NOW MORE THAN EVER.

MANINC56 UPDATE :***Bank and Math up date...2 in one crazy Bank story...Houston, 28 AUGUST

So I have gotten a few friends to understand enough to listen to Tony and realize our dream...one was at Chase in Houston 2 weeks ago (don't ask I can't say) he went in to purchase some Rupiah on my suggestion to get plan "B" revved up... asking the tell to purchase 10,000,000 she said that will be $170,000 US....he about crapped his pants... he excused him self and got on the phone....''Holy Moly it's happening....''Go back in...you have a note in your wallet like I told you to carry!"    sadly NO and of course by the time returned...the rate had changed.

I did not post it then but will now because the other friend...spoke to WM at the same Bank last week about the rates that day...the WM went in and checked the log... he has never given them more than 5 minutes...they are meeting him for lunch tomorrow out side the Bank...I will  up date tomorrow afternoon...

OK Math update...currently 10,000,000 Rupiah is about $1,000 US....and the $170,000 US would put it at about .017 cents per dollar which is far from the $1.05 we are waiting for
BUT HE COULD HAVE EXCHANGED THE 10,000,000 HE HAS WITH NO NDA...walked across the street bought $50,000 US  more Dong...$50,0000 US more Rupiah and still had $70,000 US in the Bank....that make sense to Me...lol

Got the bank wrong...WF and the number 2 WM in their system...he met them...off Bank property...acknowledged the RV and Currency reset...spoke of different plans to help them with their goals...and BOUGHT THEIR LUNCH...gave them his personal cell and permission to call at any hour....

GOD LOVE US ALL

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 28 AUGUST

Highlights of Tony's CC.  Updated as the call progresses.
Tony:  :  Nothing has changed.  Still at the same spot.  Banks were ready to go at 8 but it did not.  Probably not get any more notifications because the plan is just to do it.  May not hear wrap up memo type thing anymore.

CURRENT WINDOW:   Tony:  Could happen over the weekend.  In Iraq they were told today or next week.   Scheduled banks to be open again today in Iraq.  Could happen any moment.

IRAQ:    Tony has received conflicting messages.  Some saying how safe Baghdad is and others talking about demonstrations in the streets.  People in the streets been hearing the reform is going to happen in 2 days, 2 hours, next week and they are getting fed up. The people see them saying one thing but doing another.  No VP's pulled out of office. Abadhi issued statement yesterday it takes time.  In the past they have given them the cards, payments to quell the unrest.  Tony wondered how they would do it this time as the people are demanding they do something.  
  • People paid:  Tony heard they got paid Tuesday but did not know at what rate.  They were told not to discuss it.  Tony does not think it was the revalued rate or they would not be in the streets demonstrating this morning. Tony:  They would be out buying TV's, cars, etc.
  • Banks scheduled to be open today as they have for the last three Fridays.
  • Economic Reforms:   Abadhi got the ER's approved but they are not ALL implemented.  Some have been implemented. It is a process that he has started.  There are still procedures to follow to make it all happen.
  •  
INTERNATIONAL:    
  • Baskets:  Tony said it would make sense for Chinese Ywan (spelling?) to be part of this first basket.    
  • Rates  staying the same.  Looking for .47 on the Dong but Tony said it could go well over $2.00.  ZIM:  Tony said should come out between .11 and .22.
UNITED STATES:

An individual was detained, (by the FBI?) and all their dinar was taken.  (I missed the point of why Tony mentioned this or in what context.  He was talking about scams again and it was unclear to me if it was truly the FBI or people posing as the FBI)  

Scam:  Tony said 4,000 people that exchanged in Utah and Reno don't even know yet they have lost their dinar.   Even church groups are being mislead by their ministers. Tony:  400  FBI investigations going on right now. There are 300 legitimate groups but they send people to the bank to exchange.  These other groups want your name, DL and sign a document signing everything over to them.
  • UST:    
  • Interest Bearing vs. non-Interest Bearing Bank Accounts: Years ago Dinarland was told the bank could not use your money if it was in a NI Account.  Tony said we need to research that information for ourselves.  
  • Packages:   
***TIP DAY:  Tony would love to designate a specific day that we all do our large tips on. He said 10 days after the last call would be that day.

CLOSING STATEMENTS:

RAY:  (ray was positive as always. I missed his verbatim statement)
TONY:  Again nothing bad as far as the currency, meetings or people upset about that is holding it up.  Might be something in the process or economic reasons but not anything in the law or people.  System completely ready.  Plan done here and in the US of how to process.  Rates done.  In a holding spot waiting for the go.
Please be careful and help one another through a difficult situation.  Lots of people going to try to take advantage of you here at the end.  They are being watched.  One person file a law suit and tie it up.  Again, heard the information on Monday.  Some of you realize you lost it already.  Some are going to lose it.  Some people get a little and they can afford to file a law suit and everything gets frozen.
Everything is good.  SuperFantastic for everyone else.  We will go when Iraq goes. . . Let’s hope and pray they get it real soon.  Enjoy your weekend.  I am truly looking for it any minute.  I know that is a possibility.  Enjoy the rest of your day.   

Hi All,  I am still in Mesquite, Nevada but driving to Salt Lake City tomorrow to visit my 94 year old Aunt.  She is next to the last of 12 siblings.  I will be driving south to north along the western edge of the Wasatch mountain range and expecting a beautiful drive.  - Happy weekend to ya'll.  Sunny

KTFA CHAT UPDATE, 28 AUGUST

KTFA:

Frank26:
   KTFA FAMILY ............ LOOK AT YOUR NOTES OR READ THIS: (See Article Below)

The 2015 Budget contains the HCL and there is a Rider to activate it when SECURITY is SECURED.

Today A is again with THE CITIZENS in the streets.

AND !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Those that formulated the Rider are NOW asking for a ........... DATE !!!..... To use it.

Hmmm.

An HCL DATE............ Now that should interest You Family.
....
Last MONDAY CC DELTA and i told You ......... Don't ask us for a DATE ........ Instead look for a Completion process.

Please enjoy because THE HCL is lacking the fourth and final part for ......... THE CITIZENS. But it is changing now.

As A brags about his promise to DRS ............... You see KTFA FAMILY .......... DRS has the GREEN LIGHT and we believe he is coming to proclaim this because the GREEN ZONE is the highest example of SECURITY.

TA DA.   Have an Aloha Friday ............. Love You.

KTFA     Frank  
 This is my highest example of .......... SQUIRREL !!!

**********

DustiBigelow:   have to see if I have it right in my head:

From what I remember, Frank said that the HCL is done, done, done. Stick a fork in it, it is done.

All we need is for the budget to come forth with the RI/RV and there it is...DONE.

Am I right in my head or not?

(No smart remarks here, peeps. I am very sensitive and cry easily!

Frank26:  Ahhhhhhhhhhhhhhhhhhhhhhhhhhhh ????????? ................... Yup

KTFA   Frank

TNT CC NOTES, 28 AUGUST

TNT Call notes 28-August-2015
Tony:  Good morning, TNT!  Today is Friday, August 28, 2015.  Once again we are here, where we shouldn’t be.  I apologize for being late;  I was reading more texts and information before we get the call started.  Today is going to be a little bit different. I’ll give you the information quickly, we’ll discuss, and then I’ll take your questions.
Nothing has changed in terms of being ready to go. We are still sitting right at that spot.  The banks were expecting this after 4pm yesterday, with people on standby, ready to go.  For some reason, here we are still.  We probably won’t get any more notifications because the plan is just to ramp up and do it when the time comes because nobody believes those memos any more anyway. We like that. 
I know there are people planning to travel, and we were told “I wouldn’t disappear if Iwere you”.  Keep your phone in your pocke,t because someone is getting ready for something, we just don’t know when/what it is.  I had a text from Iraq: everyone is excited, they opened up the Green Zone, they want people to know Iraq is safe and things have changed.” That’s a good message, and it shows that it could be happening.  I also got messages saying that people are demonstrating because the changes and reforms haven’t been implemented yet. They want to see instant results, just like we do!  They announced those reforms two weeks ago, and Abadi is saying, “hey, these things take time, people need to be notified, etc.” but the people in the streets are getting fed up with hearing this over an dover again.  The last few times they protested, they loaded the cards and lowered the rates, but people are tired of these little steps, and they want the real deal. 
On Wednesday, there were superhigh level meetings and people agreed to and signed different things.  They said, “This is the time”, and so we are seeing this behind the scenes.  However, the people on the street are saying “you keep saying that, but we are tired of if and we want the money and the actual reforms”.  We have heard that some people have been paid quietly in the background to quell the protests, but that didn’t work.  They keep saying “it takes time” but people are saying “We don’t want to hear that; we want to see action!”  So they are lining up to do it, not so much because of the protests but because they are nervous that there will be an “Arab spring”.
Everyone is in agreement, though, and Iraq was told “the next few days or next week”.  The banks in Iraq – exchange locations – are scheduled to be open today.  But they have been scheduled for the last three Fridays, too.  The rates and procedures are the same, and people are ready to go as soon as this happens. 
We talked about other ways you want help other people when this goes down, giving money to people, to charities, starting your own nonprofitis, and helping the community. They are all good, so long as you are helping somebody.  I told you some of the things I do, and your ideas are also being posted in the forum.  When I eat at McDonalds or wherever, for instance, I buy a meal for someone else.  I’m not a saint, these are just things that I do, and that you can do as well.  We don’t have to wait for the RV to do those things, because they only cost 5-6 bucks.  If you do those things now, see how much more you can do after the RV.  You get to see the personal reaction and reward for helping someone directly – their smile, their reaction to your doing something good.
Now there is a negative PSA, because this is about to happen to you.  For the last five years, I have been doing what I can to prevent this but for some reason it is just not getting through.  I did my best.  There is an IRS scam going on, and a lot of people didn’t even share it until after I did. I have been talking to you about different groups, and people in those groups. Here’s the chain of events:  on Monday/Tuesday, I heard someone got picked up by the FBI.  The next day, they didn’t arrest them, they just detained them, but during the process all their currency was removed because there is now an active investigation. So we have all these people showing up for a group event, turning in all their dinar to someone they didn’t’ know in a hotel room… someone gave that person 20 million dollar’s worth of dinar, and they will probably never see that person again. I’ve been telling people that these things do not work the way you think they are going to work.  Someone called me from Canada to say “this is what they did in Utah, and what they are planning to do in Dallas  -- these are the same people in Reno you exposed on your show and they are doing it all over again!  Please can you say something?!”
How can anyone in their right minds fly to a weekly hotel somewhere, standing in line to give some stranger your entire future, based on an NDA they wrote (not the IRS or the banks), so that you cannot tell anyone they scammed you??  Who does that?  It’s not like they were in a bank or office building, or with any kind of security there!  They gave you a contract that someday they will give you your money back, but I don’t know what rate, over what time period, or how!  Who does that?!  But people are actually doing that.  I know one person who said to me that he’s not giving anyone more than 15 million, no matter how much currency they give him.  You worked for this, you saved for it, and then you hand it over to some stranger because he says that you are going two years of the rest of Dinarland??  Who does that make sense to? 
We are all desperate, but you need to control your own future.  I’m just a guy on the internet, but I’m not asking you to send all your dinar, and saying I’ll give you a rate of $1 or so, and then I’ll pocket the rest.  There are 400 FBI investigations going on right now.  When this goes live, and they see what we are getting compared to what these groups are getting, there will be hundreds of lawsuits, and the money will be tied up for years.  You have to think this through, and I don’t think you are!  Even if the money doesn’t disappear, it’ sgoing to be tied up in lawsuits for a long time to come.
The worst part is that it’s ministers who are leading their people to the slaughter.  They are targeting church groups, and that is what is really bad.  I’ve been saying this for a while, and this is my last time.
828 caller:  You mentioned that a date and time was scheduled for the release – have we passed that date?
Tony:  I don’t know.  I only hear that they have one, and that we should be ready.  I only heard that they decided on a date and time, very few people know what it is, and I’m not one of them. 
Caller:  The dong was over $2 before devaluation;  wouldn’t it make sense that it would be higher than that after this revaluation?
Tony:  It depends on their economy and the Basel III requirements.  When I started this, it was going to be five cents, and I was totally happy with that.  It continued to climb and climb to ridiculous numbers, and I was told those high numbers are real.  Imagine from five cents to whatever it is… it’s going to be a great opportunity for all of us.  Right now it is well over five cents.  We are hearing 47 cents, but it could be over two dollars.  [Caller:  Zim?]  And zim is staying about where we’ve been hearing.
617 caller:  where is that TNT super-fantastic stamp?  In the forum?
Tony:  I don’t know.  He sent me the stamp and the design on a thumb drive, so we will try to put it on the forum.  People have sent me two beautiful cards as well, which we can use to thank people and give them donations;   we will put those on the site, too, so people can see them and use them if they choose. The point is that we see other dinarians are helping people in great ways.
281 caller:  We know that all you do is to report what you hear, so no one should be blaming you.  No one better blame you for any of these delays!  I am disappointed about your PSA, although I appreciate your making it.  I’m just sad these people have made these decisions, because you have constantly preached the same thing, with compassion, over and over again about these groups. There is a small percentage being taken advantage of, and a larger sector who can’t think because of greed.
Tony:  I don’t think they are being greedy, I think they are scared.  They hear “we are the only ones who will be paid” and that triggers their fear of loss.  They are being told they won’t be paid.  The masses of people aren’t listening to this call;  they hear this other stuff, and they listen.  I was informed that there are 300 legitimate groups, but they didn’t collect their currency – they put them together, arranged a rate, and they went to the bank as individuals and got their rate (as SKRs).  Mostly churches did that.  This is different;  these ‘groups’ are demanding your name, ID, all the rest, and handing their currency over to the ‘paymaster’.  I don’t get that!
Caller:  I think the greed factor kicks in when they tell the dinarians that they will get something far greater by handing over their currency.   They already know the reality of what they have, after the rate changes.  IMO, there is a portion of those people looking for something greater, and that is what is so tantalizing.
Tony:  They are going to find out afterwards that their money will be paid two weeks for their money, or their money is tied up, or whatever, while we will have ours as soon as we walk out of the bank.
Caller:  Earlier you touched on people in Iraq who have been paid – who has been paid?  You mentioned parliament had been paid, at an undisclosed rate…
Tony:  My understanding is that everyone was paid on their cards last Tuesday;  they received their pay but would not discuss the rate.  Our contacts in Iraq are being told NOT to tell the Americans.  But people are getting something, in their various positions. They got paid for this month.  It’s not the revalued rate, because they wouldn’t be in the streets demonstrating if it were the new rate.
Caller:  We have been hoping that if Parliament got paid, that would be a telltale sign. Then we are waiting for the people to be paid at the revalued rate.  Can you clarify? Because that would be a very positive sign, because it’s only so long they will stay quiet.
Tony:  that is why they haven’t announced the rates.  Last Friday, everyone’s cards had been put back to zero, and then people were paid… but not at the revalued rate.  It was at 1112 or lower, but they are not talking about it.  They just got it done, but not at the RV rate, because if it had been, people would not be rioting, they would be out buying cars and houses.
856 caller:  First time caller, hopefully last time caller!
Tony:  I’m super-fantastic – everything is good, the banks are ready and here we are.
Caller:  [Appreciation]  Last time I took notes about the zim, you said four cents, and then the earlier caller asked if it is in the double digits. 
Tony:  I said the zim would be four cents?  [Caller:  That was about six weeks ago.]  I know someone who actually exchanged at three cents, and he wasn’t worried about it because he feels he has enough.  The actual rate should be somewhere between 11 and 22 cents.  That is what has been projected for a long time.
Caller:  You have said to open a non-interest-bearing account – why?
Tony:  Talk to your banker about that.  Years ago, we recommended NIB accounts because otherwise the banks could take your money and use it however they need to  make that interest, so it could be at risk.  Personally, I like my money to make money, and with this influx into the banks, I don’t think my money will be at risk.
Caller:  DO you think the Iranian rial will be part of this basket?  What about the yuan?
Tony:  No for the rial, but it would make sense for the Chinese yuan to be in the basket.
Caller:  Vegas, Vegas, Vegas – and maybe Atlantic City!
313 caller:  Are you saying that Abadi hasn’t implemented the reforms?
Tony:  He has got the reforms approved, but they have not been implemented. There are procedures to making them happen.  You can’t do away with the position of VP, and tomorrow the VP will be gone by the end of the  week.  Everyone wants the reforms right away, but a democracy has to follow the laws.  Some people are saying “let’s replace the entire Parliament right now” and that is ratcheting this up.  Abadi has definitely STARTED implementing his reforms, but that doesn’t mean they are all done.  Everyone voted Yes, unanimously, but they have to complete the documentation, send it here and there, and then it will be done.  The process has been started and Abadi told people “this is what is going to happen” but it hasn’t happened yet.
Caller:  So this is still happening in the next few days or next week?
Tony:  It could be in the next hour!  Nobody knows when exactly.  I do know that the banks are open today in Iraq, so it could happen at any moment.  I would look for this any time after sundown on the Sabbath, but it could happen at any time.  The people I talk to don’t care about the time of day, they will just do it once it pops.
Caller:  Will you coordinate a day to give out money?
Tony:  I would love to do that, have a Super-Fantastic Day when we give out $1,000 tips and post it on FB, on the news, etc., even if no one understands it apart from us.  It’s not about the fame, it’s about doing what’s right.  I don’t know what day that will be or what my communications will be after the RV.  Maybe we’ll just say “ten days after” because everyone will have exchanged by then.  They will be busy for the first few days, and they can give out those tips right away, but let’s ALL do it ten days after.
410 caller:  I love that plan – give out money ten days after the RV! Let’s change the world!  We are working on that right now just by being nice to each other.  I did hear something will happen on the 1st when the UN releases the operational currency numbers – that would be Tuesday of next week.  There is some leeway two days before or after for that, right?  That gives a four-day window for countries to change things without having to do it in public, so it seems like that would be an ideal time (after the stock market crash).
Tony:  It is an ideal time, what with so much currency being removed from the market, etc.  That would be a good excuse to put that currency back in.  It would be a great way to disguise from the general public AND a good way to make room for all this money without it going boom.  Iraq told its people this is being done in the next few days, and it would be great to get it done by the first.  In Iraq ‘next week’ starts tomorrow, but they didn’t say “the beginning of next week”, just ‘next week’.  Pam, are you there?
RayRen:  Well, folks, it’s the end of another great week.  It’s Friday, enjoy the weekend, and let’s see what happens!
Tony:  Nothing bad is happening in terms of meetings or currency or any holdups that we know of.  We are not waiting for any laws, changes or fussing/fighting with each other. The systems are ready, and the plans, and the rates are there.  We are just in an holding spot waiting for the Go. Please be careful and help one another through a difficult situation.  There are many people trying to take advantage at the end of this situation.  Maybe you are in a real group, but if even one person decides on a lawsuit, that whole group will be frozen, and I’m not willing to take that chance.  Once it’s tied up in court, it could take years for that currency to emerge at the other end.  We heard on Monday of people losing their currencies to groups, but do what you want to do.  It only needs one person with money for an attorney and a sympathetic judge to get that account frozen. Let’s just hope and pray that Iraq sees that brighter future right now, and then we will do the same.  I am truly expecting to see this any day, any hour.  Let’s hope and pray it will be soon.  Enjoy the rest of the day, and thanks!

DINAR GURUS UPDATE, 28 AUGUST

8-28-2015   Newshound Guru Aggiedad77   Article:  "Oil drop may be forced Iraq to reduce its currency"   The global issues associated with the falling oil prices are believed to be impacting Iraq as well...so says one expert from Bloomberg today...the oil issues coupled with the continued fighting to free Iraq from the clutches of ISIS/DAASH terrorists are draining the country to the point that its reserves have fallen 20% in recent months to stand at $59 billion dollars...war is never a cheap venture...and it is proving to be an expensive issue for Iraq today...keep in mind too that this is but one opinion of what could transpire for Iraq into the near future...no doubt their dependency on oil for revenues is critical and affecting their financial world in a big way.

8-28-2015  Intel Guru Mnt Goat
   They are also telling us that money laundering and corruption in regards to the currency float is the major obstacle.  They have passed the Parties Law this week and they are pushing aggressively towards the Judicial Reforms next week, the National Guard Law (maybe tomorrow). We know by passing the Parties law anyone alleged of criminal activity (or under investigation) can no longer hold office or receive immunity. This is HUGE for insuring the downturn of Maliki.  So why is money laundering so important all of a sudden? Do they want billions of dinar going into the wrong hands when the value increases? Is the RV then dependent on this part of currency reform?  NO REFORMS NO RV...  [post 2 of 2]

8-28-2015   Intel Guru Mnt Goat  We are now seeing these reform laws we have waited for so long...for the first time, I see the progress I have been told SHOULD and MUST happen to get us to the completion of the currency reforms we all wait for and desire. We know this will get us all to the bank
. How long will it take to get to the end of these reforms?  Who knows for sure but we do knowthis week they have told us they would like to put the dinar on a currency float and at least are considering it seriously with all the pros and cons of the subject matter.  [post 1 of 2....stay tuned]

8-28-2015   Intel/Newshound Guru  Poppy3 
 ANYONE TELLING YOU THERE WILL BE A GLOBAL CURRENCY RESET IS FULL OF BULL. ...CHRISTINE LAGARD ANNOUNCED TWICE IN NATIONAL SPEECHES THAT THERE IS NO SUCH THING.  ...THERE WILL NOT BE ANY GLOBAL RESET PERIOD.  ...I WAS TOLD YESTERDAY TO JUST PAY CLOSE ATTENTION TO THE NEXT 4 DAYS FOR WHAT CHANGES ARE MADE AND THAT THE CBI SAYS THEY ARE NOW READY AS SOON AS THE PARLIAMENT FINISH THEIR DUTIES...WHAT DUTIES THAT IS, TO US IS NOT KNOWN AT THIS TIME.  I DID HEAR THAT THE HCL WAS BROKEN INTO THREE PARTS SO THEY COULD APPROVE ONE PART THAT THEY AGREE 100% ON AND IT WOULD ALLOW ABADI TO GET THE RATE CHANGE HE NEEDS AND WANTS NOW MORE THAN EVER.

8-28-2015   Newshound Guru OOTW  
 HERE ARE THE DATES LISTED AS TO WHEN / EACH TIME PARLIAMENT HAS READ THE POLITICAL PARTIES LAW:  "The competent Committee First reading Second reading Date of vote Law No. Publishing the facts | Legal Committee | Committee of civil society institutions 01/08/2015 04/06/2015 08/27/2015 2 - political parties law"  ...I'M SO SO SO THRILLED THEY'VE PASSED THIS BECAUSE IT GOVERNS WHAT AN MP CAN OR CANNOT DO, AS A MEMBER OF THE GOVERNMENT. ...I'M HOPING THAT MANY OF THE LONGSTANDING ISSUES, STOPPING SWEEPING REFORMS, ARE NOW GOING TO BE DEALT WITH - IE, HAVE REGULATIONS IN PLACE.  

8-28-2015   Newshound Guru Aggiedad77
   Article:  "Central is preparing to launch bonds in local currency and asserts: We have a surplus of foreign currency"  Reforms...reforms...they are every where...the CBI is launching reforms in the format of localized bonds...they see this as a means to strengthen the local currency...the dinar...they have yet announced how these bonds will be sold, only saying they will be available on a local and national level...they also mentioned the sale of foreign currency as a "means to sustain the exchange rate".

DINAR IRAQ & DONG VIETNAM UPDATE, 28 AUGUST

Dinar Iraq and Dong Vietnam :Article – “Central is preparing to launch bonds in local currency and asserts: We have a surplus of foreign currency”
Reforms….reforms….they are every where…..the CBI is launching reforms in the format of localized bonds….they see this as a means to strengthen the local currency….the dinar…..they have yet announced how these bonds will be sold, only saying they will be available on a local and national level….they also mentioned the sale of foreign currency as a “means to sustain the exchange rate”.
*****
LET US NOT FORGET THE WTO REQUIREMENTS OF A UNIQUE CURRENCY… THE IRAQI DINAR MUST BE INTERNATIONALLY RECOGNIZED AND TRADED ACROSS THE BORDERS.
[When are they pushing for the WTO status?]
THE LAST OFFICIAL PRESS RELEASE I SAW ON THIS INDICATED THAT THEY’D BE MEETING WITH THE WTO TO REVIEW THEIR STANDING IN SPRING OF 2016.

[Do they need an internationally recognized currency before or after WTO status?]
BEFORE…IS MY UNDERSTANDING.
*****
Article quote – “Iraq needs funds in local currency and not in hard currency, so the central bank is preparing to launch bonds in local currency for sale in order to strengthen the local currency.”
THEY ARE MOVING FORWARD WITH THE DINAR BACKED BONDS — HUGE HUGE NEWS — OBVIOUSLY RELIANT ON AN INTERNATIONAL RECOGNIZED CURRENCY OR THEY ARE NOT WORKING TOWARDS THE SUPPORT THIS WOULD LEND TO THE VALUE OF THE LOCAL CURRENCY — DINAR.
****

Article quote – “Iraq in the coming years it is expected to be of the twentieth highest growth countries.”
Yup, once the wheels are in motion, it will be amazing. Just getting them moving though is a difficult process.
*****
IT IS BECOMING MORE APPARENT TO ME, THAT THE KEY TO IMPLEMENTING THE REFORMS LIES WITHIN THE RESTRUCTURING OF THE JUDICIAL SYSTEM…ALL THE LAWS ARE IMPORTANT, YES… BUT WITHOUT A BIASED, NON SECTARIAN, COURT SYSTEM, THEY ALL STAND TO BE REJECTED, OVERTURNED, AND CORRUPTION CONTINUED. WILL THE WORLD WATCHDOGS, IMF, WB, AND OTHERS, ADHERE TO THEIR DEADLINES…ARE THEY EVEN CONCERNED WITH ALL THE OTHER WORLD HAPPENINGS.

TRINITYEXCHANGE UPDATE : What's with all these bonds??, 28 AUGUST

TrinityeXchange: What's with all these bonds??

Peter Eerdmans is an economic prophet, “As interest in emerging market debt grows, bond markets are developing in size, depth and liquidity. 

Some countries such as Lebanon, Iraq, Tunisia, Panama and Guatemala only issue dollar government bonds but Mr Eerdmans expect this to change in the next decade to include issues in local currencies.”  (read more: Interest in local currency bonds rise)     

TrinityeXchange: Hello again my friends!  There is so much talk in the news surrounding bond issuance that I thought I would take an opportunity to elaborate and give my short take on what it is I believe the GOI is doing.
~~~
But first a quick educational session so that we are all up to speed.  A government will be the issuer of a bond when it is looking to borrow money.  The GOI sells the instrument and redeems it at a later date in time at a predetermined or fixed rate.

At the end of the term (maturity) the investor cashes in the bond for the fixed amount.  This is why monies received from bonds are called “fixed income” to the investor.

 For our purposes we will discuss EMLCB or Emerging Market Local Currency Bonds.  What we see transpiring in Iraq is for all intents and purposes unprecedented because it is for the first time issuing EMLCB or another common phrase “emerging local market bonds.”

 Previously Iraq only issued bonds denominated in foreign currency (usd).

http://www.imn.iq/news/view.74138/

(Article added for your reading convenience):

Iraqi Central Bank raises term delivery in the currency of the US dollar bonds

08/21/2015 03:09

Central Bank of Iraq will ask the delivery term in the currency of the US dollar bonds (bearer) on behalf of the Ministry of Finance on 02/08/2015 and ends on 08/31/2015 Basaddarah of four categories (2500, 10000, 50000.100000) US dollars and a total of $ 2 billion dollars (two billion US dollars).

been sold through the Central Bank of Iraq at a price (1095) dinars per US dollars (one thousand and five and ninety) dinars and payable by the Ministry of Finance on 12.31.2016 and paid in US dollars at maturity.

offers all banks buyers to the bank requests and restrict the amounts we have to open their accounts we have, whether the bonds of the bank on behalf of the public (people their natural or legal) who have a current account at the bank and submit a purchase order to the bank directly to the bank in turn buy those bonds to its customers through the form buy advance to the Central Bank of Iraq, and could use those bonds as collateral for loans, facilities or any transactions require collateral

 Now we see them issuing bonds denominated in the iqd.
 
(Article added for your reading convenience):

Central is preparing to launch bonds in local currency and asserts: We have a surplus of foreign currency

Author: ASJ, BS  Editor: BS 2015/08/26 18:37 Number of Views: 2777

An informed source at the Central Bank of Iraq, on Wednesday, for the last willing to put up bonds for sale in the local currency, while pointing to a surplus of foreign currency in the country.

The source said in an interview with the (long-Presse), that "Iraq needs funds in local currency and not in hard currency, so the central bank is preparing to launch bonds in local currency for sale in order to strengthen the local currency."

The source, who asked not to be named, said "bonds that will be put forward will be available to all citizens and the various classes in order to take advantage of it will be local and national," noting that "the mechanism of sale will be announced in the near future."

The source continued that "there is a surplus in foreign currency in the country and, therefore, he went to the Central Bank to sell bonds in the national local currency away from the dollar selling."

The Central Bank of Iraq announced earlier, to take the necessary measures to support liquidity in the banking system, and decided to facilitate the procedures for the sale of foreign currency "to sustain the exchange rate."

The Central Bank of Iraq, said in (the 18th of January 2015), that the financial reserves of Iraq is equivalent to one and half times the weakness of the currency bloc, returned as "best rates" in the countries of the world, and as he emphasized that Iraqi financial institutions are "unable" to cover the fiscal deficit,

he stressed the need to reconsider the structure of the budget and spending and to diversify sources of income and achieve the investment more broadly to address the decline in oil prices.

LINK
TrinityeXchange:  Within the last couple of weeks we see both types of bonds being made available to add liquidity to the economy.  The question many probably have is why LCBs?

 Issuing a bond in foreign denominations is a no-brainer as the investor is assured of the stability of the currency in which the bond is denominated….for Iraq it is the usd.  

Purchasing bonds in local/domestic currency serves a 2 dimensional purpose, 1) the hopes of receiving a fixed income upon bond maturity (same as foreign denominated bonds) and 2) the hopes of receiving capital gains if the domestic currency appreciates in value J 

 Point #2 is the ONLY reason a foreign investor will purchase an EMLCB when they have the option of purchasing a less riskier foreign currency denominated one.    

 Lastly, so that people don't think I am pulling my takes out of a hat, these bullet point items were taken from Investec's report "Emerging Markets Debt: the next 10 years":

  • Borrowers would rather repay debt and interest in the same currency as their income.  As international lenders gain more trust in the credibility of monetary and fiscal policies, they become increasingly willing to lend in local currencies
  • Local currency bond issuance to dominate in an increasing number of emerging markets
  • Economic growth, macro and political stability and market liquidity attract international investor interest as new markets present opportunities for diversification and potentially higher returns;
  • We see the current trend of increasing foreign participation in emerging bond markets continuing at a steady pace – although not quite reaching developed market levels over the next ten years.  


I tried keeping it as short as possible while covering pertinent points.  Thanks for reading, your mileage may vary   --  Be blessed my friends!  --  TrinityeXchange

TNT CHAT MORE UPDATE, 28 AUGUST

TNT:

Iko Ward:
  Forex polled this AM at 1119.4 for Dinar and 22,107.00 for Dong, barely a hiccup. Markets look to be doing a little end of week sell-off except China which picked up 4.82% which these days doesn't even count. Crude at 42.28, Gold at 1125. ISX closed. No bank stories yet.  The waiting game continues

[LAS] Bruce on The Big Call: (Thursday Night)  in really good shape; certain things accomplished today; stock market adjustments good; significant ending today in the markets; go any time since markets stabilized; strengthening of the dollar; national meetings significant; accounts have been funded;

Everything appears to be in place; timing excellent from now til the 1st; things are coming to a close; timing issue; rates very very good; don't know the notification process; thought this would have been a celebration call tonight but maybe next call on Tuesday.
....
PinkRoses:  Bruce, saying with the top tier 1 banks, no caps on any currency unless you bringing in a pallet of currency

Martha:  All Im going to say is what we have been saying …it is TIMING now between right now and 9/1

Martha:
  The US fiscal year starts Oct 1 and we know that rhw budget has been frozen and we are bankcrupt… We need this RV in the worse way

The question is how is the US going to stimulate the markets? They can’t raise the rates without printing more fiat currency. Until we are asset backed (hint,hint) we can’t throw anything into the pot

Zzzzzzzzz: Just posted by Abadi on Facebook... Zaid Benjamin ‏@zaidbenjamin 15 minutes ago #Iraq | #Breaking: PM Haider Abadi says the necessary arrangements should be made to open the green zone in #Baghdad for all Iraqis.

Rrrr:  If I may paraphrase from West Side Story... There’s something due any day I will know right away, Soon as it shows. It may come cannonballing down through the sky, Gleam in its eye, Bright as a rose! It's only just out of reach, Down the block, on a beach, Under a tree. I got a feeling there's a miracle due, Gonna come true, Coming to me!.... Something’s coming, and I know what it is, and it is, gonna be Great… the air is humming. I feel the RV coming. Come on deliver RV!

Four2atous:  China Intervened Today to Shore Up Stocks Ahead of Military Parade =http://www.bloomberg.com/news/articles/2015-08-27/china-said-to-interv​ene-to-shore-up-stock-market-before-parade-idtyzfdu

Harambe: 
 Congressional Fight on Iran Deal Is All But Overhttp://www.bloombergview.com/articles/2015-08-28/congressional-fight-o​n-iran-deal-is-all-but-over

Harambe:  China dumping Treasurys? Here's what you must know 
http://www.cnbc.com/id/102954541

ZAP / POOF REPORT, 28 AUGUST

MID-WEEK BY ZAP, from "The Office of Poofness"

Date: Fri, 28 Aug 2015 02:19:47 -0400

HI ALL

I APOLOGIZE FOR NOT REPORTING IN YESTERDAY, AND THE LATENESS TODAY. HEALTH PROBLEMS EVERYWHERE, AND WITH ALL THE WORK IT HAS BEEN A DIFFICULT TIME.

ALL I CAN REPORT IS THAT THE PROJECT FUNDINGS ARE IN IMMINENT MODE, AND ALREADY MAJOR MOVES HAVE BEEN ACCOMPLISHED TO GET THE FUNDS SHAKEN LOOSE AND SENT OVER.

IT WILL NOT BE LONG NOW, AND FROM ALL ACCOUNTS, I THINK WE WILL BE ABLE TO GET STARTED IN THE FIRST WEEKS OF SEPTEMBER.
~~~
THERE HAS BEEN DISCUSSION ON THE METHODOLOGY OF GETTING THE DHINTAKE FUNDINGS DONE AS OPPOSED TO THE HUMANUS FUNDINGS.

THE MAJORITY OF DHINTAKE PROJECTS ARE THE SMALL ONES OF LESS THAN 1 MILLION.

 MANY ARE JUST SOME HUNDREDS OF THOUSANDS. THESE PROJECTS WILL BE FASTRACKED BY HUMANUS, AS THEY DO NOT REQUIRE IN DEPTH FEASIBILITY OR EPA STUDIES AND THE LIKE.

THIS IS GOOD NEWS, AS THESE FUNDINGS WILL BE VERY STREAMLINED BUT WILL STILL HAVE THE RESOURCE BASE OF HUMANUS TO SERVICE THEIR NEEDS. NOTHING IS TOO SMALL.

MARY’S LEMONADE STAND WILL BE FUNDED SO SHE CAN GET A TABLE, PITCHER, LEMON JUICER, STEVIA (NO SUGAR), AND PURE WATER (NOT A KITCHEN TAP). I THINK YOU GET MY DRIFT.

IN OTHER NEWS, THE HISTORIC ASSET COMPENSATIONS ARE MOVING FORWARD WELL, AND THIS ALONE WILL PROVIDE FOR MASSIVE ECONOMIC BOOSTS EVERYWHERE.

MANY PLATFORMS AND OTHER COMPENSATORS ARE JUST CHAFFING AT THE BIT WE ARE SO CLOSE. THIS I ALSO FIGURE TO START IN THE FIRST WEEKS OF SEPTEMBER.

ON THE RV SIDE, PRETTY QUIET STILL. NO, NOT ALMOST TOO QUIET. WE KNOW IT IS INEVITABLE THAT SOMETHING AMAZING WILL HAPPEN THERE.

ON THE PPP SIDE, RUMBLINGS ARE INDICATING THAT THESE WILL BE DONE SOMETIME IN SEPTEMBER, BUT NO DATES YET.

THE GEOPOLITICAL LANDSCAPE IS GETTING FIRMED UP WITH ALIGNMENTS BEING FORGED ALMOST ON A DAILY BASIS AS COUNTRIES AND GOOD HEARTED PEOPLE SEE WISDOM IN HELPING HUMANITY.

THIS SUPPORT OF OUR EFFORTS IS CRITICAL FOR SUCCESS, AND WE ARE BLESSED TO HAVE IT.
I WILL BE TRAVELLING SOON, AND WILL TRY TO MAINTAIN THE REGULAR MESSAGE POST, BUT FIRST I HAVE TO HUNKER DOWN AND GET A BIT BETTER BEFORE I CAN.

THANKS EVERYBODY, AND MAY GLAD TIDINGS SHOWER FROM THE NEXT MESSAGE.

IN UNWAVERING GRATITUDE.   ZAP

“GOD IS; I AM; WE ARE”  “BE GOOD, BE LEGAL, TELL TRUTH”

August 27, 2015   Copyright ZAP 2013-2015 

DEEP SOURCE INTEL, 28 AUGUST

"Codes" - Intel SITREP from Deep Source(s) for August 27

(Note: This is completely raw intel from Classified sources and may or may not come to fruition. User discernment is advised.)


SITREP (Situation Report) 8-27-15 10:32 PM EST

Deep Source (RV/GCR):


"The treasury has entered the necessary codes. Global financial reset is now underway once again."

Deep Source (Resistance):


"Reports are coming in from General Xxxxxxx and a member of the New Republic that the chemtrail, fluoridated water operations have been ceased. GMO products are to be removed and HAARP has been shutdown"

Note from Deep Source(s):

"Please note: Intel that is being provided from us to you is indeed accurate but completely raw and does have a tendency to not follow through. There is no denying that we are all in frustration and loss of patience. It is entirely a fact that intel being provided is real, but there are constant on-going activities that change the situation. This is agonizing but you mustn't lose hope. Nothing lasts forever."

TNT CHAT UPDATE, 28 AUGUST

TNT:

TBone: 
 UN Operational Rates publish tomorrow, and then go into effect on September 1st. And while we keep hearing "anytime" of the month, many world contracts for goods and services are priced or repriced based on the UN operational rates for currency published at the first of the month.

It would make sense to have a rate change tomorrow and then go onto FOREX on Tuesday.

oh, and by the rules of the Operational Rates, there is a window of 48 hours on either side of the 1st to make a change to the rates, and still be effective the 1st. We could see some slights of hand....

http://treasury.un.org/operationalrates/Default.aspx

http://treasury.un.org/operationalrates/OperationalRates.aspx

TMth21man:
   tbone.....if that is the case, then there would by default be a window starting on Saturday through next Thursday......right????
....
TBone:  Timth - yes, the timing is perfect….Timth - The window starts tomorrow. The rates typically publish late morning New York Time. Then anytime until Thursday, changes can be made. Even if they publish one number tomorrow, an official change can be input later in the window.

TMth21man :  Tbone.....oh I get it. So the UN could publish the rates tomorrow morning and then sometime over the next 6 days, they could "zap" change the Dinar to the international rate?

TBone:  Timth - yes, according to the rules

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

Jerseyboys:  I'm not trying to be a wise a$$, I'm just asking... Does the U.S. Have the wherewithal to push money into the stock market to hopefully help it along like China did in the last few days?

Martha:  jersey no it doesnt unless they print it

Jerseyboys:
  Thanks, Martha... As in another QE?

Martha:
 China created a stimulus package that I finally figured it out… China adjusted its value to align with its GNP. it also gave its banks short term loan money to bridge its better customers to get thru the minor storm. This is exactly what Iraq is doing…

Martha:
  BUT iraq needs a reality rate or else they are losing those investors yesterday

Martha:
  IMO the US needs to stimulate but can’t until--- because to increase interest rates they would have to print more FIAT currency and our government is in the bottom-bankcrupt…. you need assets behind your money to create true value

Crusty:
  Martha by saying yesterday your implying the urgency of the reality rate ??

Martha:  Crusty yes. there are banks and businesses that have been waiting on this RV and they have been holding on way too long

Crusty:
  So with Dow dropping thats more pressure to RV for us !!

Martha:  the US is in a conundrum as to which way to go for the moment. Perhaps they are also waiting for this RV as well cause they need it ….plus debt forgiveness

Martha:  We have a very tight timeline now and we wait and watch

**********

KMan:  JPMorgan Head Warns Second Market Crash May Be Imminent: Violent Selling Could Return On Thursday. The markets are already nose diving today. DOW only now at +123 down from over 400 points…… China dumped 139 billion in Treauries.

Martha:  JP Morgan is creating the scare tactic since they are the "trouble" makers with the most derrivatives…. China doesn’t want non asset backed currency

KMan:
  Martha, try Citi Group  with 58 billion in silver deriviatives.

KMan:  Waiting for other BRICS to do the same.

Martha:  and they will ....but China is holding our debt and is not dumping it all…. for every action there is a reaction

KMan:  Martha they probably wanted to make a statement. Get this GCR going now!

June1:  Martha so this will drag out tomorrow - till next week for our RV - AND if Iraq does RV tomorrow we still would have to wait several days to go for our EXCHANGES??

Martha:
   IMO- absolutely not. This would still be the best time to slip it in

IFY: best time to slip a ship into port is under the disguise of a storm

KMan:  Martha, what most people lose sight of is that the PTB need a credible excuse as to why the system has to be changed. Many of these investors haven't got a clue what is about to happen.

June1:  Martha are you saying - absolutely not…. this would still be the best time to slip it in - they could still RV tonight??

Martha:  If Iraq can pull a rabbit out of its hat then yes but remember the 29th is the full moon, a completion but in any way 9/1 the whole world will know by the markets

June1:
  Martha always thought they wanted to come in like a thierf in the night - Iraq - with this RV ?

Martha:  whether they come in 8/28 or 8/29 the whole world will see it on 9/1

Markster: 
 Well this MAY happen for us b4 9/1 if so guess we need BE Ready… The U S wants it on weekend imo