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Sunday, August 30, 2015

TNT CHAT WITH ELMERF123456 & IKO WARD, 30 AUGUST

elmerf123456 wrote 
8m ago

World currency are being pressed USD is hyperinflated trying to make a bold move two weeks ago and we're starting to see evidence of that last week the Fed tried to push the market up only to have a neutral affect the game is over
   
 Iko Ward wrote 
6m ago

So far I am in complete agreement with Elmer. Gonna go watch a few Sunday night shows and come back at 11. (Film at 11.)

 7m ago

Serek i'll repeat it as many times as our family needs it no harm a lot of people don't understand what's going on with the bigger Picture on the global scale but it will soon rear its ugly head starting with tonight

  elmerf123456 wrote 
5m ago

Personally I feel once the market starter slip and slide the RV is just around the corner the market is a triggering event in the world is ready

elmerf123456 wrote 
4m ago

It is definitely another bittersweet week better for those that are still highly invested in stocks sweet for those that are in cash positions and hold certain currencies ! I don't believe there's any other option no quantitative easing will work and the only solution is an RV. Period!!!!

 Rock they've already use that in the best that they could do was keep the market stable no push-up can last very long because there is no wiggle room left

cudbuck wrote 
1m ago
elmer ..you mentioned 12k for the dow last week...is that the floor you think, or is there a basement there

elmerf123456 wrote 
1m ago
Cud it could go lower. I don't know what the bottom is but I don't think we have to wait at the bottom for this event to happen

ZAP/POOF REPORT, 30 AUGUST

Greetings and Salutation:
POOF SAID;

The opening and closing of the affairs of the those who are seeking to bring about change not just for your part of the world but the entire world is hampered by the continual upheavals that are occurring and the fragility of the entire cyber financial world.

That fragility isn’t thought about that much but everything that is electronic has its Achilles heel. A sun spot, a solar flare, a hacker’s attack, broken connections, hacked information from sidereal affairs —these and much more are forces to be reckoned with. You seem to think all of this can be chalked up to excuses. Not at all!

What good does it do any one of you for the work to be overseen with much sensitivity to this point and then let it all slip into oblivion due to some oversight.
....
There are currency wars and there are information wars afoot, all over the place. Back up; think about the ramifications and again, notice that your investment has not been that great; the investment in you is far more than you in the PPP. You are the deciding factor on whether this works or not; and the time delays have been necessary on your side of this great bargain as well.

You keep reading “next week” or “next month” or whatever you read; do you think we like that any better than you?? No. Not at all. But the truth is what it is and the continual chess game as it truly is, that game that is being played is for the benefit of humanity, NOT JUST for the 1% or even 30% but for the good of those who will have the maturity required to manage resources.

It is unfortunate that the lack of patience has taken its toll on the many, though it is understandable; that is quite obvious. Hang tight....P…

ZAP SAYS;  HI ALL

THIS MESSAGE TODAY IS A MESSAGE OF HOPE AND JOY. TOO LONG HAVE WE ALL SUFFERED UNDER THE SHACKLES OF THE DIRTBAGS THAT WOULD ENSLAVE AND RAPE, AND FORCES BOTH TERRESTRIAL AND NOT HAVE BEEN BUSY CREATING THE CIRCUMSTANCE FOR CHANGE – WE ALL UNDERSTAND THIS AT SOME LEVEL.

THE CULMINATION OF THESE EFFORTS HAS RESULTED IN THE MOST CURRENT LANDSCAPE OF HAVING THE DEBRIS CLEANED UP. BY STATING THE WORD DEBRIS (AS PER NANCY’S MESSAGE BELOW FROM THE LAD), IT FOLLOWS THAT THE CHANGES HAVE BEEN EFFECTED, AND THE LAST REMNANTS OF THE CRAP WE HAVE SUFFERED ARE BEING TAKEN AWAY SO WE MAY TRULY BREATHE AND DO WHAT NEEDS TO BE DONE TO FIX OUR PLANET.

OUR BELOVED LAD SAID IT WELL ON FRIDAY ( HYPERLINK "http://treeofthegoldenlight.com/Wakeup%20Call/MWmesages/August2015/StGermain08-28-15.htm"http://treeofthegoldenlight.com/Wakeup%20Call/MWmesages/August2015/StGermain08-28-15.htm)

I would like to give you one example now. It is in the interest of some well-known ones who are in the process of exposing some of the ways that have been used in manipulation. They are broadcasting to the people how they can step forth and allow the power that they have to be the energy that keeps the truths coming forth to the masses.

These messages and pieces of news will spread across the globe and those who see them and cannot deny the truth of what they say, will also realize that these same pieces of news represent many of the other unexplained incidences that have taken place for many years. It will open them up to how to interpret many of the news items that have been told.

Also they will see many of the pieces of information that have seemed to be of value, and now are seen to be of value in only one way, and that is that they represent the evidence of the manipulation that is no longer being done. They will know that it cannot be done because the ones who did it for so long are no longer in power.

THIS IS IN KEEPING WITH EVERYTHING I HAVE SEEN AND BEEN APPRISED OF. MANY MORE ARRESTS ARE SCHEDULED, AND THESE WILL TAKE OUT THE LAST OF THE VEGETABLES.

THE FLYING PURPLE PIGS ARE BUSY SCOOTING HERE AND THERE AND ROOTING OUT THESE VESTIGES OF VIRULENT VIPERS.

VERILY I SAY…AH, I AM NOT GOING TO DO A V TIRADE BUT IT IS TEMPTING. TO KEEP FOCUS AND CONTINUING, MANY MANY YEARS AGO WHEN I WAS IN CHINA, I WAS ASSAULTED BY HUNDREDS OF FAKE ELDERS PROFFERING FAKE BANK DOCS, MOSTLY HSBC, AND ENTICING PEOPLE TO HAND OVER MONEY TO GET IN ON THE ACTION WHEN THEY UNLOCKED THE MASTER ACCOUNTS THAT HAS STUPID ZEROS IN THEM. MANY PEOPLE FELL FOR THESE SCHEMES AND MILLIONS UPON MILLIONS WERE LOST. ALL WERE HURT.

I AM PROUD TO SAY THAT I HAD A HAND IN THE FIRST TAKEDOWNS OF THESE FAKES AND THE BANKERS IN HSBC THAT WERE IN CAHOOTS WITH THESE SO CALLED ELDERS. CHINA NATIONAL SECURITY TOOK GREAT DELIGHT WITH YOUNG SNUFFLES IN ARRESTING THESE IDIOTS.

THAT WAS THE BEGINNING OF THE BANK CLEANUPS BACK THEN. THESE CAMPAIGNS HAVE BEEN STEADY OVER THE YEARS AS EVIDENCED BY THE MONUMENTAL CHANGES IN THE EXECUTIVE OF THE HSBC AND OTHER BANKS. ONCE IT WAS STARTED, IT SNOWBALLED.

I CAN TALK A BIT ABOUT THIS NOW AS IT NO LONGER HAS ANY MEANING IN TERMS OF SAFETY AND SECURITY.

THE BANKERS IN CHARGE NOW HAVE BEEN CAREFULLY SELECTED BY THE CHINESE FAMILY IN CONJUNCTION WITH OTHER ROYALS TO ENSURE THAT FUNDS WILL NOT BE STOLEN WHEN THEY START PAYING FOR DINAR AND HISTORIC ASSETS. IMAGINE THE DEVASTATION IF THIS WAS NOT DONE.

I HAVE TALKED ABOUT THE CHINA FAMILY FOR A LONG TIME NOW, EVEN BEFORE THE TERM “DRAGON FAMILY” WAS EVEN A SPARK IN BLOGGER’S EYES. I HAVE GIVEN A GLIMPSE INTO WHO THEY ARE AND HOW THEY WORK, AT TIMES CROSSING THE LINE JUST A TEENY BIT, BUT NOT ENOUGH TO COMPROMISE THEM.

I AM PART OF THEM AND WOULD NEVER DO THAT. SECRETS ARE SECRETS, BUT WITH THE ADVENT OF A FULL SCALE WORKUP ON THE SO CALLED DRAGON FAMILY, I WOULD REFER YOU TO MY EARLIER WRITINGS WHERE I EXPLAIN QUITE A BIT.

THIS WILL SERVE YOU WELL WHEN YOU HEAR ABOUT A RED DRAGON, OR A WHITE ONE, OR A POLKA DOT ONE. THEY USED TO EXIST, AND STILL DO IN A MANNER OF SPEAKING BUT IN THE END THERE IS ONLY ONE DRAGON LEFT AND  SOME DRAGON LORDS. THE GOLDEN DRAGON IS IT.

THE SOCIETIES THAT NAME THEMSELVES AFTER COLOR DRAGONS ARE VALIDLY EXISTING OF COURSE, AND SERVE A PURPOSE IN THE FRAMEWORK. WITNESS THE WHITE DRAGON SOCIETY FOR EXAMPLE, OR THE GREEN, OR THE BLACK. THEY ALL HOLD TO THE BOTTOM LINE OF THE DIVINE PLAN, AND BLESS THEM FOR WORKING FOR HUMANITY. THIS IS A GOOD THING.

THE FIVE COUNTRIES, THE FIVE ORGANIZATIONS, AND THE FIVE FAMILIES ARE THE FOUNDATION OF THE OVERALL WORKING SCHEMA, AND THESE ARE THE OPERATIVES OF THE PLAN. THAT’S ABOUT AS MUCH AS I CAN SAFELY SAY HERE.

THE WORKING RELATIONSHIPS WITH THE BOYS AND GIRLS AND OTHERS UPSTAIRS IS STRONG AND WAS SECRET FOR A VERY LONG TIME. IT STILL IS TO A LARGE EXTENT, BUT FORTUNATELY, I AM NOT LETTING THAT CAT OUT OF THE BAG, JUST CONFIRMING IT. TIME WILL UNVEIL THESE RELATIONSHIPS AND HOW THEY HAVE WORKED FOR THE BENEFIT OF OUR HUMANITY. THAT WILL BE A REVELATION FOR MANY, AND A QUIET SATISFACTION TO A FEW.

OVER THE LAST COUPLE OF YEARS, I HAVE STATED OR ALLUDED TO SPECIFIC ITEMS AND ELEMENTS THAT ARE WORKING FOR HUMANITY. OTHERS HAVE TRIED TO EXPOUND ON THE SPECIFICS AND MICRO ELEMENTS OF THE WHOLE, AND HAVE MISSED THE MARK FOR THE MOST PART.

THE PUZZLE PIECES ARE BEING DROPPED INTO PLACE ALL OVER THE MAP NOW FOR THOSE THAT CAN DISCERN THEM. AS TIME GOES ON, THEY WILL BE REVEALED IN GREATER AND GREATER DETAIL AND THAT IS WHERE THE FAMOUS STATEMENT BY BUSHY BOY OF “IF THEY ONLY KNEW WHAT WE DID THEY WOULD STRING US UP FROM THE NEAREST LIGHT POLE” WILL BE FULL OF MEANING.

AS THE LAD SAID

As it all sets into place in the coming days you will begin to see how much has been being organized to shed light on the amount of lies that have been showered over the people. This is just now being broadcast in pieces across the world and it will be seen as pieces of the puzzle being set into place as each of the pieces come to the front and are settled into the lives of all of you beautiful people who are seeing that there is indeed a place for freedom and truth in this world for now and evermore.

THE LAD ENDED HIS DISCOURSE WITH

My dear ones, I have shared with you today what is going to be a powerful flow of opening you to the truths that you have either felt to be coming or have seen as a surprise, yet believable. It is part of what you have given me and others the freedom to bring forth, for your souls see that it is time for you to come forth in your power and be the strength of your ability to become a leader of the process in your own lives of the freedom and truth that you are destined for. Have a wonderful and joyful rest of the day, on into forever.  My heart is with you all!
I HAVE LONG AWAITED THESE TIMES MYSELF, AND KEEPING SILENT THE SECRETS I HOLD WAS/IS NOT EASY. BUT SEEING THE END DAYS OF THE STINKY CABBAGE HEADS IS SUCH A THRILL, I HAD TO SPEAK TO IT A BIT NOW THAT SOME SIGNALS WERE GIVEN.

HERE IS A THOUGHT TO PONDER: EACH DAY I MARVEL AT WHAT WE TRULY ARE, AND WHAT WE CAN DO. LOOK AT YOUR DISHWASHER FOR EXAMPLE. WHAT A MARVELOUS PIECE OF INNOVATION. WE DID THAT. HUMANS.

LOOK AT A CAR OR A PLANE OR AN ORDINARY DESK. WE DID THAT. WE THOUGHT OF IT, AND BUILT IT. WHAT WONDROUS THINGS WE CAN DO. IT IS MIRACULOUS ALMOST. AND JUST THINK OF THE THINGS WE WILL DO….WE ARE TRULY AMAZING WE ARE. THERE IS NO QUESTION.

WE TAKE THESE WONDERS FOR GRANTED SINCE WE SEE THEM, USE THEM, AND DISCARD THEM EVERY DAY. IF YOU STOP AND LOOK AT ORDINARY THINGS IN OUR LIVES, AND REFLECT ON HOW THEY CAME TO BE…AH…THAT IS WHEN THE DEPTH OF WHO WE ARE CAN BE SEEN.

WE ARE ALL PIECES OF EACH OTHER. INDIVIDUATED DIVINITY SO TO SPEAK. THE MARVELS WE ARE CAPABLE OF WILL ASTOUND US. THE LAD AND OTHERS SEEM TO THINK SO BESIDES SNUFFLES AND THE GANG, SO IT HAS TO BE TRUE, RIGHT?

IN THE MEANTIME, SINCE THIS EXPOSURE IS NOT MY REAL JOB, THE WORK CONTINUES ON THE PROJECT SIDE.

THIS NEXT PHASE OF HUMANITY WILL SEE THE RELEASE OF VERY LARGE FUNDS FOR THE PURPOSE OF THE CRITICAL LIFE SAVING GLOBAL PROJECTS, AND THE EVOLUTION OF THE ECONOMIES.
I want to ask a simple question. Why would you want to give reports if you have nothing to report on. For as long as I can remember your reports basically say " looks good but nothing yet". Why don't you just report something  good when you get something good.  This is just like the story of the boy that called Wolf.  After just two false reports no body believed him anymore. Why would people send you money to give reports that have no meat to them?  Just would like your thoughts.   JN

WELL…LET ME SEE…I STARTED THIS AS A TRIBUTE TO POOF, NOT TO DO ANYTHING ELSE. TIME PASSED AND I WAS ASKED TO CONTINUE THE MESSAGES ON THIS AND THAT. THE MESSAGES ARE TO KEEP A SEMBLANCE OF ACCURATE INFORMATION GOING, INSTEAD OF WISHFUL THINKING AS SOME BLOGGERS DO.

NOW THAT WE ARE ON THE VERGE OF THE RELEASES AND THE CHANGES, THERE WILL NO LONGER BE A NEED FOR ME TO CONTINUE THESE MESSAGES SO YOU SHOULD BE HAPPY I GUESS.
....
BY THE WAY, DO YOU GO AND SPEND MONEY TO GET REPORTS FROM OTHERS?

YOU KNOW…THE ONES THAT ASK “DO YOU KNOW WHERE YOUR RV IS? OR WHO HE WAS OUT WITH? DID THEY HAVE SAFE SEX? IS THE RV IN TROUBLE WITH THE LAW OR SOMETHING?” I GUESS THE ANSWERS MADE TO FIT THOSE QUESTIONS ARE MEAT, YES?

IF SO, THEN SPEND ALL YOUR MONEY HERE BECAUSE I AM ABOUT TO GIVE YOU THE MEAT YOU NEED, AND I WILL FAX OVER A COPY OF THE INFORMATION.

“MOO”

BANKER BOB IS ON STANDBY TO TAKE YOUR MONEY. THANK YOU FOR YOUR PATRONAGE (MISS PHIPPS…FAX A PICTURE OF A COW PLEASE…)

THE GLOBAL LANDSCAPE IS PREPARED FOR THE BIG STUFF NOW AS IN THE HISTORIC ASSETS AND THE GCR. MANY INTELLIGENCE REPORTS COMING OUT NOW ALL SAY THE SAME THING THAT IN SEPTEMBER, IT ALL BEGINS.

THE FOLLOWING INFORMATION IS BEING WIDELY CIRCULATED, AND IT IS IN KEEPING WITH WHAT IS OUT THERE.

China has now officially announced that the historical bonds will be redeemed.  This has been released in all Chinese media. These announcements made in the Chinese open media today and late yesterday finally confirm publicly that this operation is moving forward.  There are also other sources who are optimistically informing that international agreements are nearly completed and official ceremonies are expected to take place over the next several days.

Release of spendable cash was anticipated several times in the past, but has been delayed due to final currency negotiations involving several countries.  At the moment, there is a slight delay due to the gold backing for the US TRN to be finalized, but this issue is expected to be resolved quickly, and it is anticipated that next week transactions will be put in place.

Several large Dinar transactions will be completed before the bond and box matters are scheduled and undertaken.
  I have been told that just a bit more patience is required before all is put into motion.

THERE HAVE BEEN CONTINUED ATTEMPTS TO DERAIL THE PROCESS AND SHIFT ATTENTION TO OTHER THINGS.

LOOK AT THE STOCK MARKET STUFF HAPPENING NOW. STANLEY MORGAN HAS BEEN IDENTIFIED AS THE BAD GUY IN THE DECLINE IN THE CHINA MARKETS STEALING OVER 3 TRILLION FROM THEM. NASTY BUGGERS.

THESE ARE ALL THE FINAL ATTEMPTS BY THE VEGGIES IN POWER TO DESPERATELY CREATE THE CIRCUMSTANCE FOR WAR OF ANY KIND.

ONCE THE GCR HITS, THE TRUTH WILL COME OUT, AND THEY WILL ALL GO DOWN. THEY KNOW THIS, AND THEY WILL TRY ANYTHING TO OBFUSCATE AND MISDIRECT ATTENTION FROM THEM (WHILE THEY STEAL AS MUCH AS THEY CAN). IT WILL NOT WORK. THE PROCESS IS TOO ADVANCED AND INEVITABLE
.

BRICS countries intend to create their own multilateral financial system that would be similar to SWIFT, Russian Deputy Foreign Minister Sergei Ryabkov said in an interview with RIA Novosti.

According to the official, "finance ministers and heads of central banks of BRICS countries discuss the whole range of issues, including those related to the organization of payment systems and prospects for transition to settlements in national currencies," Pravda.Ru reports.

BRICS countries will establish the new system to avoid financial control of the United States and the EU. "Whether it is SWIFT or not, it goes about the possibility of establishing a multilateral system of payments in the form of an association that would ensure greater independence, and, more precisely, create guarantees for the countries protecting them from the risks associated with arbitrary decisions in this area," the Russian official said.

SWIFT is the world's largest system for the transmission of financial information. The international payment system unites together more than 10,000 banks in more than 200 countries. More than 600 Russian banks are connected to SWIFT, ranking Russia second in the world after the United States on this indicator. However, Russia is listed in the second top ten of SWIFT members in terms of wire transfers via SWIFT.

Noteworthy, Western leaders have repeatedly discussed the issue of disconnecting Russia from SWIFT within the framework of sanctions related to the conflict in the east of Ukraine.

http://english.pravda.ru/news/business/18-06-2015/131011-brics_swift-0/#sthash.PNhGlgmc.dpuf


LAST MESSAGE I SAID THAT 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 IS EXACTLY WHAT IS HAPPENING OUT THERE, AND AT THE FOREFRONT OF THESE EFFORTS ARE THE CHINESE AND THE RUSSIANS.

I TRULY HOPE THE USA DOES THE SAME AND BEGINS TO THINK ABOUT OUR HUMANITY MORE THAN WHO GETS MARRIED TO WHO, AND WHAT KIND OF FRUIT WILL CAUSE YOU TO SHED 100 POUNDS IN 3 DAYS. NO, THIS IS NOT AN OBAMA TORTURE DEVICE.

SOME HAVE ASKED ME FOR PREDICTIONS. SO HERE IS MY PREDICTION: IT WILL BE LIGHT DURING THE DAY. IT WILL REMAIN LIGHT UNTIL NIGHT WHEN IT WILL BECOME DARK. IT WILL BE DARK THROUGHOUT THE NIGHT, WITH WIDELY SCATTERED LIGHT IN THE MORNING. MAYBE THIS QUALIFIES AS MEAT?

AHA – SEND MONEY TO ME TO GET YOUR OWN PERSONALIZED DAILY PREDICTION. I PROMISE TO BE CONSISTENT. (MISS PHIPPS!...GOT ANOTHER IDEA…ASSEMBLE THE CAPTAIN OBVIOUS WRITERS)

IN THESE END TIMES, DO NOT LOSE FAITH OR HOPE. IT SEEMS THAT IN OUR BASE FEAR AND NEED FOR VALIDATION AND CONTROL WE HAVE LOST FAITH IN THE ABILITY AND WILLINGNESS OF THE UNIVERSE TO PROVIDE. LET GO AND LET GOD I SAY!

THE UNIVERSE WILL INDEED PROVIDE. SEND OUT THE ENERGY AND THOUGHT FORM, AND LET IT DO ITS WORK.

YOU DO NOT HAVE TO FIXATE ON IT AND RUN ABOUT FOLLOWING IT FROM PLACE TO PLACE, VISUALIZING, PLEADING, BEGGING, SUPPLICATING, PETITIONING, PUTTING IT DOWN ON 3X5 CARDS AND STICKING THEM WHERE THEY CAN BE IN YOUR FACE ALL DAY LONG, AND PUTTING ALL MANNER OF ENERGY AND THOUGHT PROCESSES ON IT,

THERE IS NOTHING THAT WILL GET IT TO TURN INTO WHAT YOU REALLY WANT. NOTHING. NOT UNTIL YOU LET GO. IF YOU DON’T YOU WILL DO THE STRESS THING, BECOME SICK, AND GET GREY HAIR.

SO KEEP HOPING AND HAVE FAITH THAT THE UNIVERSE WILL PROVIDE ONE WAY OR ANOTHER.

BUT AT THE SAME TIME, DO NOT FORGET TO DONATE SO YOU TOO CAN HAVE SOME MEAT. MISS PHIPPS IS PREPARING SOME VERY NICE MATERIAL TO SEND OUT THAT IS SUITABLE FOR FRAMING.

THANKS EVERYBODY, AND THOSE THAT HELPED AND I HAVE NOT ANSWERED AS YET WITH A BIG THANK YOU PERSONALLY, HERE IS MY BIG THANK YOU TO YOU:

***BIG THANK YOU!*** J

KEEP THE PROJECTS ROLLING IN TO DHINTAKE AS THAT PART IS ABOUT TO TAKE OFF MAGNIFICENTLY.

IN SOLID GRATITUDE.

ZAP

“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
August 30, 2015
Copyright ZAP 2013-2015

TNT :Lesson 9: Reserve Currencies by SKIRACER, 30 AUGUST

Historically there have been many reserve currencies in the world. Prior to Central Banks it was much harder to actually pull it off on a massive scale. To be a "Reserve Currency" means that one country's currency is held in reserve by a second country to facilitate that second country's purchasing of goods from a third country. When the first country's currency is widely available and in use it is akin to an economic haven by other countries for fairness and even  handedness.  So consider that the USA is #1, Canada is #2, and S KOrea is #3 country. When Canada  wants to buy cars from S Korea, it converts CAN$ to US$ (which CAN has lots of in a "reserve pot" for just this reason), finds a dealer, pays for cars in US$, then that dealer fetches cars from S Korea by yielding US$ to S Korea in exchange for the cars. Meanwhile S Korea converts US$ into their currency so S Korea also has a "reserve pot" for just this reason: Trade.

The GOLD STANDARD has been through many renditions of late. Before WWI the world used the Classical Gold Standard. Every country printed money but only to the extent that same country had gold in reserve at 100% to support the currency. It meant that every unit printed was exchangeable for gold held by that country's  treasury.   Post WWI because the UK and US had made many loans to various countries, the world moved to the Gold Exchange Standard, wherein only 40% of the currency was actually backed by gold. Post WWII the world moved to the Bretton Woods System whereby they set the value of gold at $35 per ounce and all loans were pegged to that level. 

This system was in effect from 1959 through 1971.  As countries paid off their loans they exchanged their dollars in the USA  for gold at an alarming rate. The USA lost over 50% of its gold supplies. The USA then had a currency to gold ratio of 8:1.  
Nixon feared we would run out of gold so he took us off the Bretton Woods System (incorrectly commonly called the Gold Standard). But most countries in the world were unwittingly part of this system so Nixon's actions removed almost all countries from any relationship to gold at that time as well, making nearly all countries' currencies FIAT money.

 The world at that time was flooded with US$ and the USA dragged other countries into the fiat (currency backed by no resources) system.  There was no other system in place to replace use of US$.  Countries began to demand repatriation of their gold from the USA vaults, such as Germany's efforts which have escalated and now stand at a demand for 300 metric tons of gold, which the USA cannot fulfill at this time. 

Regionally other currencies are used for trade, but the US$ is prevalent in international trade. The movement away from the US$ began, ironically, with Saddam Hussein's efforts to sell oil directly to Europe for gold. This was followed by Quantitative Easing by the USA, Kadafi selling oil in other currencies, even the State of Utah declaring gold to be legal tender, etc. There is a significant movement afoot to remove the US$ as the reserve currency. The BRICS (Brazil, Russia, India, China, SouthAfrica) countries are most active in pursuing this replacement. They are making and signing trade agreements that involve "swap lines" with countries directly in their own currencies (akin to lines of credit but in hard local cash). The countries that now have swap lines with China or Russia include The EU, Korea, Iran, India, Indonesia, Japan, Australia.  That is a HUGE swath of the globe!

When the 50% of US$ that float around internationally come home it will mean massive inflation. If that isn't bad enough, the US Government under Democratic rule of late has instituted the Foreign Account Tax Compliance Act (FACTA) that went into effect July 1 2014 that demands that foreign banks report to the UST and IRS any accounts owned by US citizens in excess of $50,000 for tracking and taxation by the US Government. The  UST is forcing compliance by threatening to freeze those banks and countries out of US trade if they do not comply. 77,000 banks have agreed to play along so far.  The other banks were given a 2 year grace period to comply before being beaten into submission. It is important to note that only the USA and Eritrea demand taxation by citizenship not by residence (Eritrea is an extremely poor east African country located in the Horn of Africa near Sudan).

  All other countries tax by residence.
These signs are ominous for the USA. The BRICS countries are making significant moves against the US Dollar because they are witnessing the USA's QE programs winding down. That forces the USA into a position of weakness economically and in leadership. Between this and the FACTA it is the convergence of the Perfect Storm.
(NOTE: My other Lessons 1-8 on the Currency Exchange can now be found in "ALL YOUR STICKY PINS" section of this site.)

DINAR GURUS UPDATE, 30 AUGUST

8-30-2015   Newshound/Intel Guru Bluedog   NATIONAL GUARD LAW...I SAID LAST JANUARY 2014 THAT THIS WOULD BE THE KEY...CAUSE NO INVESTORS TILL PROTECTED.  IRAQ NEEDS TO SHOW INVESTOR THEY CONTROL ALL OF IRAQ AND NEED TO DO THAT FAST...SO NEED THAT LAW FAST.  THEN CBI CAN MOVE FORWARD.  FORGET ALL OTHER LAWS THEY WILL FOLLOW THIS...EVERYONE SAID OR THOUGHT WHAT DOES THAT LAW HAVE TO DO WITH ANYTHING...WELL YOU WILL FIND OUT YOU CANNOT SUPPORT THIS LAW WITHOUT A CHANGE IN CURRENCY REFORM...I LOOK AT HCL AS BOGAS PROPAGANDA... NATIONAL GUARD LAW IS WHAT WE HAVE WAITED FOR SO HCL COULD FOLLOW...AND CURRENCY REFORM ALSO...JIMO.

8-30-2015   Intel Guru Frank26
  September will be not just historical for Iraq but for the World. Many countries are about to step into a time warp. Fast changes.

8-30-2015   Intel/Newshound Guru tman23
  Remember...June was the end of the road! The Kurds gave Abadi back in October 2014 three months to get the Fed Court Act passed... Abadi asked for June because of all the difficulties... Now before anything moves IMO we need to see the Fed Court Act passed and Medhat booted... otherwise...Laws mean absolutely nothing when you have a corrupt Judge and court who does not enforce them.

8-30-2015   Newshound Guru Millionday
   Article quote:  "The head of the House of Representatives Dr. Salim al-Jubouri, today canceled his visit to New York, which was scheduled to be conducted early next month in September to attend the heads of the World Conference of Parliaments."  THE HEAD OF PARLIAMENT CANCELLING A MEETING IN NEW YORK TO MOVE FORWARD WITH LAWS SHOWS A DEADLINE IN THE MIDST ...IT IS FOR THE REFORMS AND LAWS TO BE ACTIVATED IN A HURRY -- GREAT NEWS.  [post 2 of 2]

8-30-2015   Newshound Guru Millionday
   THE ECONOMIC REFORM LAWS SENT TO PARLIAMENT...THE LAWS INCLUDE THE MONEY LAUNDERING BUT MOST EXCITING IS THE FEDERAL SERVICE LAW --- HUGE --- AND OF COURSE ALL THE LAWS FOR THE ECONOMIC REFORM CHANGES.  THE LAWS ARE THE FRAMEWORK OF THE ECONOMIC REFORM -- ONCE PASSED THEY BECOME LAW AND JUST IN TIME WITH ABADI`S PROMISE OF REFORMS DONE WITHIN ONE MONTH TOO.  [post 1 of 2....stay tuned]

8-30-2015   Intel Guru SteveI
  Article quote: "The President of the House of Representatives Saleem al-Jubouri, Saturday, to cancel his visit to New York was scheduled to be carried out by the beginning of next September, while attributed the reason to follow up the implementation of government and parliamentary reforms."  They are on the right track. We are hearing the very same thing. They are pushing very hard to wrap this up.

8-30-2015   Newshound Guru Millionday
   "...Oil and Energy Committee in the Iraqi Council of Representatives MP Mazen Mezni, Prime Minister Haider al-Abadi send a draft oil and gas law to the parliament for legislation and approval..."  THE HCL IS READY FOR VOTE AND SENT TO PARLIAMENT.   THE LAW WAS REQUESTED BECAUSE OF THE BENEFIT OF COURSE FROM THE REVENUES AND INTERNATIONAL INVESTMENT BUT ALSO DUE TO THE PROMISE FROM ABADI TO HAVE THE REFORMS IMPLEMENTED WITHIN A MONTH <<< WHOOPOW.  SO THEY HAVE BEEN GIVEN THE POWER TO PUT IN PLACE A TEMPORARY OIL LAW IF NEED BE AS WELL -- FANTASTIC NEWS AND GREAT TIMELINE.  [...when will they vote on it?]  IT WAS TO BE STARTED TODAY [SATURDAY].

BLUEDOG UPDATE, 30 AUGUST

NATIONAL GUARD LAW...I SAID LAST JANUARY 2014 THAT THIS WOULD BE THE KEY...CAUSE NO INVESTORS TILL PROTECTED. IRAQ NEEDS TO SHOW INVESTOR THEY CONTROL ALL OF IRAQ AND NEED TO DO THAT FAST...SO NEED THAT LAW FAST. THEN CBI CAN MOVE FORWARD. FORGET ALL OTHER LAWS THEY WILL FOLLOW THIS.

EVERYONE SAID OR THOUGHT WHAT DOES THAT LAW HAVE TO DO WITH ANYTHING...WELL YOU WILL FIND OUT YOU CANNOT SUPPORT THIS LAW WITHOUT A CHANGE IN CURRENCY REFORM...I LOOK AT HCL AS BOGAS PROPAGANDA... NATIONAL GUARD LAW IS WHAT WE HAVE WAITED FOR SO HCL COULD FOLLOW...AND CURRENCY REFORM ALSO...JIMO.

MNT. GOAT UPDATE, 30 AUGUST

Mnt Goat: Hello Everyone. Just wanted to pop in to give an overview of what we should expect from Iraq in these coming weeks and what we just experienced this week. We are now moving into September. Do you remember what I told you about September?

I told you from mid August to mid September would be a very critical time for getting these reforms accomplished. I told you Abadi would make a final push to get them completed and it would be very sudden and unexpected by most.

I told you that “if” this reform process is successful, we would be in a great window to possibly see the currency reform project pick up momentum and maybe see a significant increase the value of the Iraqi dinar and the continuation of the “deletion of the 3 zeros” project.

In mid June Abadi attended a second Paris Conference where they discussed the progress of Iraq under the Abadi administration and what was needed yet to be accomplished. Abadi was given until mid September to complete these items (or reforms). What are these reforms?
When we arrived at mid August we were still seeing some stalling and procrastination on many of these laws necessary for the major reforms to take hold. We also did not see an end to the economic crisis for Iraq since oil prices fell sharply since June. ISIS was still a threat and still occupied many towns. Iraq also still maintained a high level of Iranian influence and we all should know by now that if this was not put in-check we could clearly see a second Iran in Iraq. The USA and UN certainly will not allow this to happen.

So what was the solution?

Article Follows:

MASOUDI: ABADI REFORMS NEED TIME TO SHOW RESULTS ON THE NATIONAL ECONOMY 

http://alforatnews.com/modules/news/art ... ryid=93718

Baghdad: Euphrates News} MP for, Bloc citizen, Mohammed al-Masoudi that "the political and economic reforms launched by the federal government and approved by parliament need some time to show results on the Iraqi economy."

According to Masoudi in a statement the agency {Euphrates News} received a copy of it on Saturday that "the integration of ministries and cancellation of a number of positions and reducing the protections and the retrenchment process will have significant effects on the provision of liquidity to the Iraqi government, especially during the end of this year and the beginning of 2016, which is hoped to be His plan is more realistic and useful than previous years.

"He added that" the citizen run out of patience because of fiscal and monetary policies practiced by governments during the previous years, which led to a weakness and loss of Alaguetsadalaraca.
"It is said that, Prime Minister Haider al-Abadi issued a series of reforms that specializes side economic in the country, including the abolition of posts of prime minister and the father of the Republic, and the integration of a range of ministries, in addition to reducing the protections Almsaolin.a

Article Ends

Today’s News

Today is Sunday August 30, and still no news of an RV. I will say that we are heading for a great window of opportunity for an RV come mid September and onward. Did I say it was going to RV in mid September- NO! So please do not put words in my mouth as some have done in the past. There is still much work to do in Iraq but the momentum is amazing and many things are happening very quickly.

So what makes this such a great window of opportunity? Abadi’s government had until mid September to implement the needed laws to support the necessary reforms, as these reforms are part of his promises made during the negotiations to allow him to take control of the government and to be seated as the new prime minister.

Also, resulting from a second Paris Conference in mid June, they also gave him 90 more days to complete the reforms (on corruption) and get in place other laws to support the economy (i.e Investment law and Banking laws, anti-Laundering laws, etc).

I believe that if he can be successful we may also see the currency reform finally implemented. 

So here is an article to begin today’s news. It is an article explaining the urgency of these reforms and how they must be implemented.

I also want to remind all those who have been spreading the usual misinformation and rumors every week about the accomplishment of these reforms. They said they were all completed and we should have seen an RV any day , any time. Really? After reading today’s news letter you tell me if Iraq is ready for an RV……lol….

Again why in hell would they be talking about all these reforms with countless articles if they were all done?
So before many of you intel “gurus” shoot you mouth off on these conference calls maybe you should start reading more articles and first VERIFY the information you are putting out from your secret “boots – on- the ground” intel sources.

Article Begins:

August 29, 2015 - 15:56

TEHRAN (Tasnim) – Iraqi top Shiite cleric Grand Ayatollah Seyed Ali al-Sistani said Prime Minister Haider al-Abadi’s government should show that it is seeking genuine change to combat corruption and not just introduce “temporary measures” to appease the nation.

In a message delivered by a representative in a Friday sermon, Grand Ayatollah Sistani also cautioned protesters, who have staged weekly rallies to press demands for reform, that they must guard against groups seeking to hijack their movement to further other interests.
Hours later, tens of thousands of Iraqis rallied in Baghdad and a string of cities south of the capital in support of Prime Minister Abadi’s reform drive and to press demands for the dissolution of parliament and an end to corruption.

The Baghdad rally, in central Tahrir Square, was the largest by far, attracting at least 20,000, many of them waving the national flag. It was held under tight security measures but ended peacefully shortly after nightfall.
Ayatollah Sistani’s comments, delivered in Karbala, challenged the government to show that it is “truthfully and seriously” responding to demands for change.
“Citizens have experienced past promises that were never realized on the ground,” he cautioned.
“Officials must work differently this time around and win the trust of the citizens,” he said, according to an AP report.

The weekly rallies, which began last month, have been pressing for better basic services like power, water and medical care, as well as an end to corruption.

The rallies came as Iraqi Parliament Speaker Salim Al-Jabouri threatened Minister of Electricity Qassem Al-Fahdawi Tuesday with a vote of no confidence if he does not appear within four days to be quizzed over a persistent power crisis.

Prime Minister Abadi has responded to the rallies with a package of reforms that reduced the size of his cabinet, and eliminated the three vice presidencies and the three deputy prime minister posts. He has also ordered a revision of the government’s pay scale and the annulment of financial perks enjoyed by senior officials, lawmakers and consultants.

His actions raised questions about the legality of his reforms and whether they violate the constitution.
“I will not back down,” Abadi vowed in televised comments this week. “There is no going back on reforms. Our political system needs popular pressure to reform itself,” said the prime minister who has said he would seek a popular mandate to amend the constitution, which he described as “incomplete.”

http://www.tasnimnews.com/english/Home/Single/843282

Article Ends

So next I would to summarize the overall attitude of this ongoing reform movement by Abadi. He has told us he is going to bite off parts of the broken Iraq and group his reforms and administer them his way. So far he has told us of three (3) groupings of reforms in his movement. 

Reforms I

The council of ministers devised an extensive long term plan to revise Iraq. The plan is multi phased and includes many aspects. It included cleaning up the corruption, meeting the 2015 budget, getting rid of ISIS, and dealing with Iranian influence (meaning Maliki and his goons). 

We also new that in September 2014, when Maliki officially resigned and Abadi took office and established his GOI ministries, he told them they would have a performance review a year later. He made good on the promise recently and sacked many of his ministers for incompetence, especially those that stalled the transition over to the provinces under the Decentralization effort Abadi told us in many articles this phase of reforms would be ongoing for many years. This was the first phase of the reforms those that were more related to the economy and stream lining government in the process. (nothing to do with the RV as I told you a month ago).

So we are now seeing various programs in Iraq to assist in launching these reforms to assist in building up the economy and getting the MONEY FLOWING. We also heard about a future BOND drive for the national citizens (not international). These BONDS are yet another solution to raise needed capital to fill the deficit gap.
Why the need to fill this budget deficit gap? Why not just borrow the money like the USA does? The USA and IMF are forcing double standards on Iraq and maybe they too should look at other nations in the same light.

These economic reforms are just not about SAVING money but to also disperse money into the economy to activate the private sector. What does it mean to “activate the private sector”. Many of you readers of this news letter probably are not economists so I will explain what this means. The basis of any robust economy is getting the private sector to produce and sell goods and services to the citizens and international community. Its all about money flowing. The result is there must be a surplus of funds (net profit revenues) at the end of the process to reinvest and expand the economy, thus creating yet more prosperity.

It is a cycle and each time a nations wealth builds yet even greater, given the opportunity. Iraq government is now giving the private sector that opportunity. Also some of these surplus funds must go towards needed charities that can fill the gaps in society since they do not have the means of production. This creates yet more jobs, cleaner cities and neighborhoods. Have you traveled much? Do you see how some cities are cleaner and more developed than others? It is not coincidence and does not just happen. These cities are like this because of careful, long term planning. You are seeing the results of infusing the private sectors and priming them to succeed. 

So knowing this, can you see how the government is infusing money to “kick start” the Iraqi economy. They are priming the pump by getting the needed capital in the hands of the private sector to create these incentives to get the economy rolling as I described above. We need a stable Iraqi economy to see any dinar revaluation.

Again I am telling you the RV is a by-product of this reform process and not the means in itself. An RV is not the solution but a product of the process. An RV at this current stage of Iraq is not the solution to all of Iraq’s problems. In fact an RV now would only ruin the economy and the currency would surely crash making the economic situation only worse. Do I need to say it again? Did you hear me this time? They desperately need these reforms prior to any RV.

Article Begins:

The launch of the “small” loans to activate the private sector and the recovery in 2016 budget 

August 26, 2015
Since 08/26/2015 20:28 pm (Baghdad time)

Special – scales News
Confirmed a member of the economic and investment commission parliamentary Najiba Najib, Wednesday, The launch of the micro-loans came to activate the private sector further and revive the financial budget for 2016.

She said Najib’s / scales News /, that “the allocation of $ 5 trillion dinars by the government and launched in the form of loans” small “for citizens came mainly the basis for activating the private sector, especially agriculture and industry sectors that promise clingy,” indicating that “activating the private sector automatically will recovery of the financial budget for 2016 “.

She said the economic and investment commission parliamentary member, said that “the launch of loans also will provide many job opportunities for the unemployed through the opening of small businesses.”
This “confirmed a member of the economic and investment commission parliamentary Najiba Najib’s / scales News /, earlier, the central bank equipped with soft loans for agricultural, industrial, and commercial banks, which in turn will launch those loans interest rate of 3% up.”

It is said that “the Prime Minister Haider al-Abadi, announced on Tuesday, to take immediate action to cope with the financial crisis in Iraq, including the allocation of five trillion dinars for the revitalization of agriculture, industry and housing sectors, and encourage investment and job creation” .anthy 29/9 P

Article Ends
Reforms II

The second phase of reforms was revealed to us the later part of August and is geared towards cleaning house on the banking and finance corruption such money laundering and the justice and courts system. I have to tell you Abadi is moving fast and furious on this one too. 

We also know about the needed Justice and Accountability Law and the Parties Law. We witnessed last week the passing of the Parties Law and political groups have 60 days to read it, study it and conform going forward.

We witnessed the resignation of the Iraq's Supreme Court chief judge Midhat al-Mahmoud then only to be rejected by the council due to lack of means to accept the resignation. Since judges are appointed in their office until death with no means to resign he must stay in his position (for now). We know that when the Justice and Accountability Law, when finally passed, will provide this means to resign.
This will also take out many other corrupt judges and apply much needed reforms such as incarceration limits, due process, hearing and trial law proceedings, etc. The Justice and Accountability Law basically fine tunes the entire judicial system for Iraq and ends corruption as they know it today. I believe this law will parallel the Amnesty law and we may see the final conclusion to both of these at once. The last item on corruption (not the last to be fixed) is the Maliki and Iranian situation

We witnessed the investigation into money laundering and the past and future efforts by the CBI. W learned why they need to stop money laundering and what it has done to prevent the currency reforms from going forward. Out of this came three political figures named as the main culprits in laundering billions out of Iraq. They will be charged with money laundering and dismissed from their government positions. I have included an article on the latest news about the money laundering I talked about in my last news letter.

Article Follows:

RAFIDAIN BANK ANNOUNCED RECOVER TENS OF BILLIONS OF DINARS WERE SMUGGLED INTO THE MARKET AND ARE BEING RECOVERED. 

http://www.khabaar.net/index.php/permalink/51251.html

rother – Baghdad

Rafidain Bank announced the recovery of tens of billions of dinars were leaked to the public market and are operated by some quarters and crooked ways.

The general director of the bank on behalf of Kamal al-Hassani in a press statement that many of the financial manipulations and abuses have been exposed. He is adding that he has control over misappropriation of funds between attempts through the instruments or through the operation of such amounts in violation of legal contexts.

He said al-Hassani said there are some actors pushing cheap ways to get the gains of banking facilities outside the framework of legal controls, indicating that not get this side or that the loans paid each Ahina to defame the work of the bank.

Article Ends

I have told everyone that the Iranian influence must be gone or drastically tempered going forward with any currency reform. We have seen the final report of the Mosul situation and so have the millions of protestors now demonstrating in the streets of Badhdad and elsewhere. What do they want?

They are marching in solidarity for Abadi’s program of reforms. They want an end to government corruption meaning political and monetary. They want their country back from Iran.

So I included a recent article for you to read. This is just one of dozens of articles telling us about the recent demonstrations throughout Iraq that began in mass yesterday. Their list of major demands are nothing more than the same demands of the USA and the UN on Iraq. They need stability in Iraq meaning:

Economic and Financial Stability (pay for the budget to provide services to the people)
Security Stability (end to ISIS and Iranian led terrorism)
Political and Governmental Stability (End to the corruption and be able to bring those responsible to justice)

Article Begins:

HILLA PROTESTERS ARE DEMANDING THE RESIGNATION OF THE LOCAL GOVERNMENT AND JUDICIAL REFORM 

Along with a demonstration of Hilla on Friday, August 28, 2015
Hilla protesters are demanding the resignation of the local government and judicial reform

Author: AB, **, IM
Editor: AB, ** 2015/08/28 18:13 Number of Views: 273

Long-Presse / Babylon
Thousands of residents of the province of Babylon, on Friday, demanding the resignation of the government, both local and disclosure of the files of corruption and judicial reform and the application of law (Where did you get this), as called for disclosure of who ordered dispersed the sit-ins.

One demonstrator, just Yasiri in an interview (range Press), said that "thousands of people demonstrated in the province, this afternoon, in Freedom Square the center of the city of Hilla."

The Yasiri, "The demonstrators demanded the dismissal of the governor being a Shi did not provide resolution of the provincial council and find out who ordered the protesters to disperse and the disclosure of the files of corruption, reform the judiciary and the application of the law (Where did you get this) and pay the salaries of the popular crowd."

The province of Babylon witnessing for more than a month of large demonstrations demanding the resignation of the governor of Babylon and resolve of the provincial council and the disclosure of corruption and to bring to justice the corrupt files, and turned the protests over the past week to sit-ins in front of the governorate building.

http://almadapress.com/ar/news/54758...83%D9%88%D9%85

Article Ends

Reforms III
So later last week Abadi announced his third package of reforms to us. I have included articles showing us this is what they fully intend to do in the coming weeks.

We also anticipated the National Guard law vote in parliament yesterday but still no word of it’s success or failure. If passed this would be a HUGE milestone for Iraq and gets them that much closer to an RV.

We are also still waiting for the Federation Council law, the Justice & Accountability law, Reconciliation completion and for Oil Royalties to be finally paid out to the citizens such as they promised would happen in June/July timeframe. Of course I am thinking that maybe because of the drop in oil prices, the may have to wait a while to get any oil royalties which are surplus revenue from the sales. So this one I understand and it may no longer effect our RV.

I believe fully the reforms in phase III will bring us the currency reform we have been waiting on. Recently there have been many articles once again on this topic. They are definitely considering it seriously but need many of these reforms completed (i.e money laundering). I will also say this would not be possible without the ongoing phase I and II reforms we have already witnessed and are now in play. 

Article Follows:

ABADI CALLED THIRD PACKAGE OF REFORMS IN IRAQ
Publishing Date: 28.08.2015 | 06:51 GMT

The Prime Minister Haider al-Abadi, on Friday, the leaders of all operations and security leaders in Baghdad and the provinces to open the main streets closed by the figures and parties and influential and subsidiary.

The prime minister's office said in a statement that the 'al-Abadi is also taking into account the development of protection plans to cover citizens and visitors to the state departments to targeting terrorism', while issued his orders to the security leaders necessary arrangements to make the necessary arrangements to open the Green Zone in front of the citizens.

Abadi also ordered the formation of legal committees to review the sale, rental real estate ownership of state property in Baghdad and other provinces in the previous stage of any side 'as well as the return of the funds seized outside legal contexts to restoration of State funds, the injustice in the evaluation'.
And Prime Minister Haidar Al-Abbadi, the customizations needed for children with cancer in Basra Province

Article Ends


Article Follows:

PARLIAMENTARY FINANCE IS PREPARING TO LAUNCH A PACKAGE OF LAWS 

http://center-imn.net/1/?p=29196

Finance Committee Alnielyh confirmed, it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament.

He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of “economic difficulties” the government may face in the event of continued decline in global oil prices, noting that the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016.

The committee member said Massoud Rostam’s (IMN) said that “the committee more than a dozen laws are being discussed for the legislation in the coming sessions of the House of Representatives to support the monetary policy process in the country.”

Rustam said that “the most prominent of those laws is the money laundering law, which will pass close to the parliament and be included on the agenda to read it a second reading.”

He said, “Among those laws is the Federal service, which completed the discussion and enacted the law, and the government needs to send him his salary for inclusion as a supplement to the law and then vote on it.”

Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country’s economy.

Article Ends

So there should no longer be ANY question is anyone’s mind that the REFORMS ARE NEEDED and we will not see any significant increase in the value of the Iraqi currency until they are sufficiently implemented, at least enough to clean up the corruption, money laundering, banking practices, investment laws, justice system, CBI, etc…

Yes – there is a lot to do, but they also have done much already (glass is half full).

We do know they must increase the value of the IQD significantly since they are way out of whack with the other neighboring countries. We also know that the reason we (as international citizens) are even allowed to own the currency in the first place is because they negotiated future oil credits on our dinars when we exchange it. The USA needs these oil credits to ensure cheap oil for the next 30 years. The big picture too is for the USA to broker this oil at the low negotiated price and sell to other countries too at a higher market price. This is part of a plan for paying off on the USA national debt.

So there is a plan and it includes the international citizen exchanging their holdings as they complete the second phase of the “deletion of the zeros” project in the near future. They must collect the notes in our hands and they are not going to get them unless they significantly increase its value.

Let’s sit back and all relax. These coming weeks are going to be a very interesting! 

Peace and Luv To Ya All.

STEVEI & BRENDAD TIDBITS, 30 AUGUST

8--30-15 SteveI: Article quote: "The President of the House of Representatives Saleem al-Jubouri, Saturday, to cancel his visit to New York was scheduled to be carried out by the beginning of next September, while attributed the reason to follow up the implementation of government and parliamentary reforms."

They are on the right track. We are hearing the very same thing. They are pushing very hard to wrap this up.

****
Brendad: Encouraging Words...I know You Are Feeling Dismayed, I Always Refer Back To This Bit Of Wisdom

As a child, I remember questioning my mother about the wind. I wondered why we could never see the wind. I said, mom, how can you believe in something that you cannot see or touch?

I went on to inform her that I refused to believe in anything that I could not physically put my hands on. 

My mother gave me a lesson in Life 101, she stated, "Baby, what you choose to believe has no bearing on reality, some things "just are or will become."

I presently cannot see the rate changes of the currencies that I hold, but I am here because I have come to trust that even though I cannot wrap my head around certain things, some things "just are or will become." Thanks, mom.

THUNDER HAWK ALERT, 30 AUGUST

Thunderhawk  » August 29th, 2015, 11:22 pm 

ThunderHawk ALERT!!!!     HSBC customers left without cash

Computer glitch leaves thousands waiting for their salaries:

HSBC was last night struggling to get money to customers hit by a failure of its payments and online systems.
The payments system was still down more than 12 hours after the bank first admitted that hundreds of thousands of money transfers from businesses had failed to reach their intended re- cipients. Businesses who bank with HSBC tried to send payments through the BACS system, including pay cheques to employees, but found the money was not being delivered.

Around 275,000 payments failed, leaving staff without money ahead of the bank holiday weekend, after HSBC apparently forwarded the “wrong information” into the BACS system, which is owned jointly by the biggest banks.

The bank’s business website also crashed later in the day.

“HSBC apologises for the significant inconvenience caused to customers by today’s payments problems. We are now processing the payments so that they reach the beneficiary accounts as quickly as possible,” the bank said.
“The majority of payments will be completed over the course of the afternoon and early evening, with any remaining payments completed overnight. We are committed to ensuring that no one loses out as a result of today’s unacceptable problems. We will work with our customers and the other banks including providing compensation where appropriate.

“Customers who do not receive the delayed payment by Saturday morning should speak with their bank in the first instance. They should also contact their bank if they have suffered any costs as a result of today’s problems.”

Later, the bank added: “Over 99pc of payments that were delayed today have now been processed, with the remaining to be credited overnight.”

The failures followed a series of payments system crashes at Royal Bank of Scotland and NatWest, with a particularly damaging case in 2012 leading to a £56m fine last year.
Lloyds Banking Group also had problems with its faster payments system in 2013, while in 2014 computer problems at the Bank of England led to problems in the CHAPS payments system.

http://www.pressreader.com/uk/the-daily-telegraph/20150829/281582354387129/TextView

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

August 28, 2015

Western Banks In Turmoil As British Banking Giant HSBC Nears Total Collapse

The Ministry of Finance (MoF) is reporting today that British banking giant HSBC is nearing a total collapse after its having lost a staggering nearly $1 trillion due to the ongoing Great 2015 Global Market Crash and earlier today it completely ran out of cash to pay its obligations and depositors.

According to this report, HSBC is a multinational banking and financial services company headquartered in London, United Kingdom and is the world's fourth largest bank by total assets worth $2.67 trillion.

Not known to many Westerners, this report continues, HSBC was established in its present form in London in 1991 by the Hong Kong and Shanghai Banking Corporation Limited to act as a new group holding company and the origins of this banking giant mainly lies in Hong Kong, and also to a lesser extent Shanghai, where branches were first opened in 1865.

Due to the staggering crash of the Shanghai Composite index that has shed 38% of its value since 12 June, this report explains, HSBC lost nearly $700 billion of its value in China while a further estimated $300 billion has been lost due to the Dow’s collapse of over 1,800 points since its high for the year was reached on 27 May.

To the consequences of this massive $1 trillion HSBC loss, this report says, began hours ago when reports began to surface in the UK that hundreds-of-thousands of people were not being paid their salaries, which this British banking giant first tried to deny, but a few hours later blamed their failure to pay on a “computer glitch”.

MoF experts in this report dismiss HSBC’s explanation of a “computer glitch” noting that this phrase is commonly used by Western banking and financial institutions as a “cover story” to mask their inability to access cash…and is likewise being used to explain what is preventing hundreds of American mutual and exchange-traded funds from providing their investors with the values of their holdings, and why one of the world’s largest brokerages, Charles Schwab, shut down earlier today too.

As HSBC is Britain’s largest bank, this report notes, it has appealed for an emergency loan from the Bank of England (BoE), with the BoE then appealing to the European Central Bank (ECB), and the ECB then appealing to the US Federal Reserve System (FRS).

With the US Congress having verified that over $16 trillion of the American peoples money was given by the US Federal Reserve to European corporations and banks, purportedly for “financial assistance” during and after the 2008 fiscal crisis, this report says, it remains “highly probable” they will do so again before HSBC totally collapses.

And with China continuing to dump hundreds-of-billions of its US held debt to stabilize its own markets and economies, this report concludes, the near collapse of HSBC today is but a prelude to the coming greater global financial collapse some experts have warned will “change the landscape of the entire world”.

Though not mentioned in this report, it is interesting to note that at least the American people are seeing the truth and, according to one news source, are “yanking their money from almost everything”…which in turn has led one of the elites major mouthpieces, the Financial Times, to publish an anonymous article calling for the outright abolition of cash in order to give central banks and governments more power.

http://www.whatdoesitmean.com/index1906.htm


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

Thunderhawk 
 » August 29th, 2015, 11:33 pm   Backdoc Alert

HSBC vows 275,000 payments hit by glitch processed by morning


HSBC has said all of the 275,000 payments held up by a glitch today will be processed by tomorrow morning.

The failure left many workers without their monthly salaries going into the Bank Holiday weekend.

HSBC said 99% of payments that were delayed had now been processed, while those remaining would be credited overnight.

The bank said: "HSBC apologises for the significant inconvenience caused to customers by today's payments problems.

"We are committed to ensuring that no one loses out as a result of today's unacceptable problems. We will work with our customers and the other banks including providing compensation where appropriate.

"Customers who do not receive the delayed payment by Saturday morning should speak with their bank in the first instance. They should also contact their bank if they have suffered any costs as a result of today's problems."

The fault affecting payments relates to the way HSBC transmitted information to the national Bacs payment system.

It centred on payments such as invoices and salaries which should have gone out automatically overnight.

While the problem does not relate to payments from banks other than HSBC, their customers will be affected by not receiving money that they expected to have been paid.

HSBC is working with other banks to make sure that, for example, should an account holder not receive their salary as a result of the problem but still makes a regular direct debit payment and goes into an overdraft, he or she would not lose out.

Alan Charlesworth, managing director of insurance and legal recruiter IPS Group, took to Twitter to complain: "None of my staff have been paid. HSBC when will this be sorted?"

Another Twitter user wrote: "HSBC. None of my staff have been paid. Cannot get through to them on the phone. Absolute shambles of a bank! Extremely poor performance.

"I trust you are going to reimburse my employees that will incur late payment fees due to your Bacs payments failure."

Also on Twitter, one user wrote: "Bacs payment system down on payday and before Bank Holiday. Lovely."

Lydia Smith tweeted: "HSBC UK where's my money? I didn't get paid my wages today and I have bills to pay."

The glitch comes in the wake of other major banking IT failures affecting customers in recent years, notably by state-backed Royal Bank of Scotland.

It drew criticism from Andrew Tyrie, chairman of the Commons Treasury select committee. He said: "This appears to be yet another serious IT failure by one of the major clearing banks.

"It is increasingly clear that most, if not all, of these banks' IT payments systems need a good deal of investment, and there is a lot to put right."

The Bank of England has been alerted over the glitch while the Financial Conduct Authority (FCA) said it would ensure the bank took steps to help those left at a disadvantage.

Bacs processes transactions worth up to around £50 billion every day and is seen as critical to the functioning of the UK financial system.

It said: "Bacs is aware of an isolated issue affecting one of its member organisations. The Bacs system is operating as normal and we are currently working with our partners to help resolve this as quickly as possible."

Richard Lloyd, executive director of consumer group Which?, said: "Banks have suffered a series of unacceptable failures with their IT systems in recent years and this latest one at HSBC will do little to reassure consumers that banks are making improvements.

"It's essential regulators continue to take tough action to ensure banks properly maintain the payments system we all rely on, and we expect HSBC to fully compensate anyone affected."

http://www.msn.com/en-gb/news/other/hsbc-vows-275000-payments-hit-by-glitch-processed-by-morning/ar-BBmbFNu