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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, September 2, 2015

MNT. GOAT UPDATE, 2 SEPT

Hello Everyone. If you are reading this news letter today for the very first time I welcome you. But I highly recommend you continue to read it since my news letters connect together and they are a continued saga of the Iraqi dinar revaluation story. I bring no hype or rumors. If I am giving you my personal opinion I will tell you it is only my opinion.

My news letters today is brief with only 7 pages….lol…..I am trying to keep them short. But if only want a date and a rate you can get that from somewhere else and they can give you a couple words or else and be done.

I personally do not think that ANY one event is “holding up” the revaluation process but simply Iraq it not yet ready. When will they be ready?

WHEN EVERYTHING IS IN PLACE AND THEY (IRAQ, UN and USA) FEEL COMFORTABLE WITH THEIR SITUATION !
There is no boogieman behind a curtain that belongs to the cabal or secret society holding this RV back. There is no secret society or others working to make the government better (better for who?- their group to take control?), as some have told you. This is simply all foolishness and must stop.

Today’s News
Today is Wednesday September 2nd and still no RV or hopes of an RV window until at least mid 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. I firmly expect Dr Shabib to come back to an “official” capacity to head up the CBI once again before these projects kick off fully.

Let’s get going with today’s news. There is much news again and I will attempt to summarize it for you and put it into perspective.

So recently the three presidents including the prime minister, the speaker of the house and the formal president of Iraq met and what were they discussing? These meetings do not happen very much and so when they tell us about them we must pay attention. Something HUGE is about to happen. It always does as the past has told us.
Yesterday’s meeting was about the final push to get the needed critical legislation completed. Once again the are telling us what this key, critical legislation is – “The meeting felt the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws”.

So there it is. Their words not mine. No hype or rumors. This is what they are targeting in the next couple weeks. Read it for yourself. 

I also included an article so everyone can see the intentions of Abadi and the cleanup of the money laundering operations. So not only is the CBI making an effort to prevent money laundering but now we see the GOI (under Abadi’s direction) finally stepping it up and going after the culprits.

Article Begins

THREE PRESIDENCIES MEETING ENDS WITH A SMILE 

Tuesday 01-09-2015 | 12:44:54

M P

Twilight News / Search Iraq's three presidencies meeting the security situation and file reforms and ways to strengthen state-building and issues related to the completion of the legislation.

A statement by the Presidency of the Republic that the conferees expressed their support for practical steps that meet the interests of the Iraqi people to accomplish what was voted on government and parliamentary reforms.
The Prime Minister stressed the need to go all the reforms are carried out in accordance with the Constitution and the law.

As it has praised the military operations led by the Iraqi army and security forces and members of the popular crowd and the Peshmerga and the sons of the tribes in Anbar and Peggy multiple areas of Iraq.According to the statement.

The meeting felt the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws.

The meeting also stressed that the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement them.

https://translate.google.com/translate? ... %3D4143243

Article Ends

Article Begins

ABADI ORDERS RE-SMUGGLED MONEY
02/09/2015 13:49 pm

Baghdad scales News
It ordered the prime minister, Haydar al-Abadi to form a higher committee competent to recover funds stolen and smuggled in inside and outside Iraq, stressing the need to prosecute those involved stealing money and submit to eliminate characters.

The government said the morning newspaper in its edition on Wednesday, and followed up / scales News / "The Council of Ministers form a government committee to follow up on the country and the recovery of money stolen and smuggled out of Iraq, and working to detect smuggling operations involved."

She said "billions of dollars that have been smuggled out of the country, enough to remove Iraq from the financial hardship experienced by, resulting from the lack of revenue due to lower selling global oil prices, and its impact on economic and monetary reality."

She explained that "the government has taken a series of measures recently in order to reduce corruption and money smuggling, the steps that comes as part of the reforms package and activate the role of the regulatory institutions and the disclosure of spoilers and activating the role of the Anti-Corruption Council, which was formed recently under the chairmanship of Abadi and in cooperation with the judiciary." .anthy 29 / d 25

Article Ends

CBI Corruption
Like clockwork we see PM Abadi now beginning the effort to clean up the CBI and its corruption as part of his phase III reforms. I have told you this was coming very shortly. It simply had to. Many of you have said what is taking Abadi so long? Well if you were in his shoes you would probably give up and run away. So patients and lets see how he handles these issues.

I have repeatedly told you that, it was not my feeling or rumor that Dr Shabibi must come back to the CBI, to complete the project to delete the zeros and the currency reform phases, but rather it is in the plan and it has to play out or there is no way for them to clean up this economic mess. 

Now they are telling us that Abadi is to form special committees to open files of corruption on the Central Bank of Iraq (CBI), and on the issue of the dismissal of the former province Shabibi, and the like of the charges brought against him by the mafias of corruption that seized power in that period. But we all know Dr Shabibi has already been vindicated from any crimes…did we not hear this many months ago? So what is this investigation now really about?

So now Abadi has to after the culprits in the CBI dealing with this money laundering and anyone involved in supporting Maliki as he raided the CBI reserves. Abadi also has to replace the current proxy governor since his ties with Maliki are too strong. It is time now for this work.

In my last news letter I stated that the current proxy acting governor does not have the experience to handle the current financial crisis of Iraq nor does he not have the solutions necessary to clean up the mess that former PM Maliki left behind. Seems every plot to raise capital for the deficit seems to backfire on the CBI. They keep hitting roadblocks on the tariffs, bonds and other sources to raise revenue without a change in value to the currency.

So this is exciting news I bring to you today is in 2 articles I included below on the same topic. So it too is very important. I said they intend to do something very shortly (need to do something very shortly is more like it) with the currency value. Iraq is at that point they must finally join the international community or stay as a third world country. 

We all should be very, very excited since this is ONE of the keys to opening the lock to begin the RV process.
I will talk more about this in my future news letters.

I also included a third article and I know this INDIRECTLY impacts the plan to clean up the CBI. They desperately need the help of Dr Shabibi and they know it. They are asking him to head up this committee although we know he is not going to take the job unless he has a FREE HAND and INDEPENDENCE to operate, manage and institute change as needed as the governor of the CBI.

None of these three articles comes right out and tells us directly but we can read behind the words they present that they are desperate and need sound economic advice from an expert.

The last article in this section is about the central bank telling once again about the issuance of new currencies in both categories [50] thousand and [100] thousand Iraqi dinars end of this year. Remember it was just a few weeks ago that the CBI announced they would and could only issue the 50 thousand notes now and then wait till 2016 sometime for the 100 thousand notes. Now they are telling us they are going to wait for both the 50 and the 100 thousand notes till 2016. So what has changed? This one we will have to watch closely. Do they know what they are doing? Remember they can’t issue any of these new notes unless the value of the currency increased and they are no the new low denoms. These 2 large newer notes ARE NOT TO BE USED IN THE GENERAL PUBLIC along side the existing 3 zero notes (as they are using today).

Article Begins

ABADI CONSTITUTE SPECIAL COMMITTEES TO OPEN THE CENTRAL BANK OF FILES .. AND THE ISSUE OF THE DISMISSAL OF THE FORMER PROVINCE SHABIBI!

Date: Mon 08/31/2015 14:19 

Worth Iraqi Prime Minister Haider al-Abadi, a heavy legacy of corruption and the corrupt accumulated during the reign of his predecessor, Nuri al-Maliki, making his way to the application of full reforms of obstacles and mines.

And show the observers the Iraqi affair concern the seriousness of the files that Abadi accept the open, and that are related to very serious Pmaviac tightened rings work during the eight years ago during the reign of al-Maliki of the country, and earlier, calling Abadi to be handled with caution.

He said one of the most prominent Iraqi ministers said that "al-Abadi said during a recent cabinet meeting on Amadah the path of reform and confront the corrupt whatever it takes," noting that it "opens You very serious and linked Pmaviac and the leaders of the militias.

"explained the minister, who preferred not to be named, said:" Abadi form special committees to open the Central Bank of files, and the issue of the dismissal of the former province Shabibi, and the like of the charges brought against him by the mafias of corruption that seized power in that period.

"He added that" the committees also open the Real Estate State and sold file and acquired by the political and partisan forces of a window in the previous governments, as open oil licensing contracts file and marred by charges of corruption and deal with international oil companies.

"He stressed that" those files The files of the most dangerous in the country, which is hazardous to the reformist project Abadi, Abadi has personally reactions unexpected faces by those in charge of those files and Mavyatem ".

http://www.chakooch.com/news.php?action=view&id=7344

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Article Begins
Political Sources:
ABADI FORM COMMITTEES TO OPEN THE FILES, AND THE CENTRAL BANK SALE OF PROPERTY STATE 

He wrote: August 31, 2015

Political sources revealed that the prime minister Haider al-Abadi said during the last meeting of the Council of Ministers Amadah the path of reform and confront the corrupt whatever it takes.

The sources said that al-Abadi form special committees to open the central bank files and the issue of the dismissal of the former province Shabibi addition to the Real Estate State and sold file and acquired by the political and partisan window forces in the country, saying that the issues of the most dangerous files facing the reformist

Article Ends

Article Begins

ECONOMIST CALLS FOR THE DEVELOPMENT OF AN EMERGENCY PLAN TO STABILIZE THE IRAQI DINAR

Date: 08/31/2015 13:41 Information / special / .. Called economic expert, Mohammed Abdul-Zahra, on

Monday, the central government for an urgent financial plan to control the stability of the Iraqi dinar against the dollar. He said Venus told / information / that "the survival of the financial situation for what it is, especially since the country live a severe financial crisis represented delay staff salaries and delays in the implementation of projects and the lack of financial liquidity," noting that "those things have contributed and contribute to the instability of the Iraqi dinar against the the dollar. " Abdul-Zahra and stressed the need for "urgent government put a financial plan in order to avoid falling into a major crisis in the Iraqi economic." Finished / 25

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Article Begins

ASK CATEGORIES [50] AND [100] THOUSAND DINARS CURRENCY CASH END OF THE YEAR 

Baghdad -
Detection of the parliamentary economic committee member Ahmed Kanani, on Tuesday, the central bank for the issuance of new currencies in both categories [50] thousand and [100] thousand Iraqi dinars end of this year.

Said Kanani told all of Iraq [where] that "the Iraqi Central Bank, in connection with the issuance of currency in both categories [50] thousand dinars and [100] dinars, printed". Noting that "put this category to the market will be the end of the year."

Kanani said that "the class [100] thousand dinars printed, will be under the experiment [50] thousand dinars," pointing out that "the new monetary category will work the end of this year."

It is said that the CBI is now dealing with a class [25] thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies. end

Article Ends
Update on the Reforms

We know that parliament was supposed to vote on the National Guard law last Saturday. Then we heard it was postponed indefinitely. We wondered why and when they would continue the voting process.

Well today we finally have word form Iraq as they are telling us in the article below why the law was stalled and when they expect to resolve the differences.
By the way I can hardly believe what I was hearing on an intel conference call just yesterday. The intel “guru” was actually telling everyone this law was passed weeks ago. Do you believe this nonsense? Why would they have 2 article then today alone on this topic if it was already settled and the law passed in parliament. Maybe this guru is confused when his “secret’ sources from Iraq tells him that the law is passed by the council of ministers. Does he not realize there is a separation of powers in the new democracy of Iraq and thus one legislative body writes the laws, another reviews them and votes, then another has to ratify it by the president as the final step to become a law?

Looks like we have to wait until session on Monday 9/7 of next week for a vote.

So lastly in this section I present you with an article about the Investment law. They are telling us it is not yet passed. There are new much needed amendments to the law that ensures the rights of all people and aims to promote and stimulate economic and human resources in Iraq. The pressure is on and there are other programs going forward that need this law in place. We were told we would see it in yesteday’s session so I guess it was not included so they are complaining about it. That is the basis for this article. It is PRESSURE for parliament to get off their –sses and get it done. Pardon my French….lol….

Article Follows 

NATIONAL DIFFERENCES AND FORCES "DISRUPTED" PASS GUARD: HIRE AND FIRE COMMANDER, HOWEVER ABADI

Political Since 01.09.2015 at 12:35 (GMT Baghdad)

Special - scales News
He said a member of the parliamentary legal committee Salim Chawki, Tuesday, that the current period by agreeing to sponsor the National Guard pass the law in the coming sessions, indicating that the differences in views between the National Alliance and the Union of Forces blocked a vote on the law.

He said Shawki's / scales News / "The National Guard Law within the political document was supposed to begin during this period of time but the divergence of views between the National Alliance and the Union of Forces hampered legislation on the law," stressing that "it was agreed to be National Guard "federal" and that is to hire and fire the commander of the National Guard, however, the Commander in Chief of the Armed Forces Haider al-Abadi "exclusively" to be approved in the Council of Ministers and the House of Representatives. "

He said the legal committee of parliamentary member, said "belonging" to the National Guard is the reason for the dispute where the powers that be Egypt Union to be the National Guard of the same conservative and may be from another province, stressing that "the National Alliance agreed to be the guard of the same conservative but leadership the province must be only "federal" and that's what the last vote on the law. "

Shawky said that "this period sponsor agreement to pass the law in the next session," noting that "the law will be applied on the popular crowd and clans that fought with the armed forces against terrorism, which includes the Awakening of each provinces except for the Kurdistan region."

It is said that "MP for the coalition of state law Rubaie threatened to reject the National Guard law and return it to the government if not carried out the needs of the popular crowd," and accused the government of "implicate" the House of Representatives the draft law. "

The "House of Representatives to postpone the discussion of the bill to the National Guardon Monday of next week," 

Article Ends

Article Begins

ACTIVATION OF THE NATIONAL ECONOMY TO REDUCE UNEMPLOYMENT IN IRAQ DISCUSSED 

http://english.shafaaq.com/politics/157 ... ussed.html

Shafaq News / The board member of the Presidency of the Parliament , Humam Hamoudi stressed the need for the completion of the Investment Law and its approval
as soon as possible for its importance in the activation of the national economy, as well as its contribution to reduce unemployment.

Hamoudi presided over a meeting with the economic and investment commission in Parliament discussed in the presence of Chairman of the board of investment , Sami al-Araji, the new amendments to the law to reach a law that ensures the rights of all people and aims to promote and stimulate economic and human resources in Iraq.

Article Ends

Article Begins

SHEIKH D. HAMOUDI LOOKING INVESTMENT LAW STRESSES TO EXPEDITE ITS APPROVAL IN SUPPORT OF THE COUNTRY'S ECONOMY AND REDUCE UNEMPLOYMENT

01 September 0.2015

Presided over a meeting of the Committee of Economy ..heik d. Hamoudi looking Investment Law stresses to expedite its approval in support of the country's economy and reduce unemployment.

He stressed member of the board of the Presidency of the Council of Representatives, Sheikh Hamoudi, the need for the completion of the Investment Law and approval as soon as the activation of its importance in the national economy and promote development wheel, as well as its contribution to reducing unemployment.

Search and Sheikh d. Hamoudi presided over the meeting with the economic and investment commission in Parliament, in the presence of Chairman of the board of investment d. Sami al-Araji, the new amendments to the law to break the law ensures the rights of all sober and aims to promote and stimulate economic and human resources in Iraq.

Article Ends

Update: Economic Reforms - Bonds

I can see there is lots of confusion about these darn bonds. So let me clarify it for you.

Next I want to emphasize once again these sovereign bonds (as they mention in the article below) are the INTERNATIONAL bonds and not the bonds Iraq has just launched as NATIONAL and for the citizens exclusively. BIG difference and I need to emphasize this for a reason. The in country bonds or NATIONAL bonds are designed to take in the 3 zero notes for payment to buy the bonds and payout using USD on the bond premiums.

Why are they doing these two different bond drives?

One bond drive (International) is solely to raise capital for Iraq but do it after a revaluation of the currency value, an investment for global investors, and the other is purely to raise funds for the debt and another devise to bring in yet more of the 3 zero notes from circulation in country. 

Do you see the difference and why they are doing both of them? Let’s not confuse them. This is very important and you will see why as we see this issue progress in future news letters. Stay tuned.

I talked about both of these bonds in a recent news letters. Iraq knows they can not issue these Sovereign bonds with a very low, almost worthless currency. Not to mention the newly issued credit rating of only a group ‘B’, but as usual they may find away and try once again. 

Article Begins 

IRAQ DISPLAYS SOVEREIGN BONDS FOR SALE
2/9/2015 0:00

BAGHDAD Alaa al-Tai

Scheduled to travel a senior government delegation, including ministers, officials and experts in the financial and economic affairs, next week, to the United States and Britain to discuss the issue of Iraq sovereign bonds, and to explain the ability of the country to fulfill its obligations to investors who Septaon those bonds and Atdaolunha in markets Alaalmih.ocd high-level government source, who preferred anonymity, said in an interview singled out the "morning" that a government delegation will travel next Monday, accompanied by a credit rating talks team, to the United States and the UK to clarify Iraq's ability to fulfill its obligations to investors who Septaon Sindh Iraqi and international promotion, in a move that serve the welfare of economic reform measures and to maximize state revenues.

The source said, "The delegation will include government and finance ministers, oil and Governor of the Central Bank and the consultants and experts in economic and financial Shan officials to discuss the process of issuing sovereign government bonds in the global financial market."

The source noted, that the Iraqi government delegation held talks in Turkey during last June in order to promote Sovereign bonds to be issued by Iraq, stressing that the delegation held meetings with representatives of international banks also reviewed the financial and economic, political and security of Iraq report.

The source said that the talks with my company has a credit rating and the International Tribunals "Modiner and Fitch" in order to determine the credit rating of Iraq in the international capital market, also held talks with British companies rating and contacts to get a credit rating. The source indicated that Iraq's current credit rating within the group (B), noting that the delegation will explain the possibilities and Iraq's oil export.

http://www.alsabaah.iq/ArticleShow.aspx?ID=99287

Article Ends

Article Begins

IRAQ POISED TO MEET INVESTORS AHEAD OF CRUCIAL BOND SALE
BY MICHAEL TURNER

LONDON, Sept 2 (IFR) - Iraq plans to begin marketing a new Eurobond (or sovereign bonds) following the Labor Day holiday in the U.S., according to several sources, as the sovereign hopes to issue in the capital markets for the first time in nearly a decade.

Representatives from the country are expected to meet investors across the U.S. and Europe ahead of the deal, which is likely to be unsecured.

Citigroup, Deutsche Bank and JP Morgan will be the lead managers, the sources said.

The U.S. Labor Day holiday is on Sept. 7.

The sovereign is seeking to raise up to US$6 billion through bond sales to relieve the pressure of low oil prices on state finances, though sources indicate this first deal will be much smaller.

Last month Iraq received its first international credit rating after Fitch assigned a B- rating with a stable outlook, six notches below investment-grade.

In its assessment Fitch cited political risks and insecurity that are among the highest faced by any sovereign rated by the agency.

Iraq last issued an international bond in January 2006. That US$2.66 billion 5.80 percent deal matures in January 2028. The note is trading at a cash price of 75.50, according to Thomson Reuters, to yield 10.23 percent.

http://www.reuters.com/article/2015/...1181VZ20150902

Article Ends

Till next time…. Auf Wiedersehen!

Peace and Luv To Ya All.



KTFA CHAT UPDATE, 2 SEPT

KTFA:

PDids:
  A little clarity from someone would help as my own notes that I have taken from previous CC state that the RI or RV or some increase in value of the Iraqi Dinar WOULD NEED TO OCCUR PRIOR to any International Bond Sale taking place or why would any Country or large Corporate entity invest in 1186 merely on someone's word who has not been very good at keeping it .

Even Randy in this mornings Summary of his indicates that in his opinion these Bonds mentioned in the article below will be grabbed within moments of being offered this coming weekend.

So my QUESTION IS why in the opinion of DELTA AND FRANK are we waiting until OCTOBER if they have always stated that the RATE WOULD NEED TO PRECEED THE SALE OF THE BOND?
....
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Frank26:  With us and You Friend ............ Many unopened files will be shared with You tonight.

i invite You to come.


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Walkingstick:  Iraq displays sovereign bonds for sale

2/9/2015 0:00

BAGHDAD Alaa al-Tai

scheduled to travel a senior government delegation, including ministers, officials and experts in the financial and economic affairs, next week, to the United States and Britain to discuss the issue of Iraq sovereign bonds, and to explain the ability of the country to fulfill its obligations to investors who Septaon those bonds and Atdaolunha in markets Alaalmih.ocd high-level government source, who preferred anonymity, said in an interview singled out the "morning" that a government delegation will travel next Monday, accompanied by a credit rating talks team, to the United States and the UK to clarify Iraq's ability to fulfill its obligations to investors who Septaon Sindh Iraqi and international promotion, in a move that serve the welfare of economic reform measures and to maximize state revenues.

The source said, "The delegation will include government and finance ministers, oil and Governor of the Central Bank and the consultants and experts in economic and financial Shan officials to discuss the process of issuing sovereign government bonds in the global financial market."

The source noted, that the Iraqi government delegation held talks in Turkey during last June in order to promote Sovereign bonds to be issued by Iraq, stressing that the delegation held meetings with representatives of international banks also reviewed the financial and economic, political and security of Iraq report. The source said that the talks with my company has a credit rating and the International Tribunals "Modiner and Fitch" in order to determine the credit rating of Iraq in the international capital market, also held talks with British companies rating and contacts to get a credit rating. The source indicated that Iraq's current credit rating within the group (B), noting that the delegation will explain the possibilities and Iraq's oil export.
Print

http://www.alsabaah.iq/ArticleShow.aspx?ID=99287
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Walkingstick : 
 Iraq poised to meet investors ahead of crucial bond sale - IFR
BY MICHAEL TURNER

LONDON, Sept 2 (IFR) - Iraq plans to begin marketing a new Eurobond following the Labor Day holiday in the U.S., according to several sources, as the sovereign hopes to issue in the capital markets for the first time in nearly a decade.

Representatives from the country are expected to meet investors across the U.S. and Europe ahead of the deal, which is likely to be unsecured.

Citigroup, Deutsche Bank and JP Morgan will be the lead managers, the sources said.

The U.S. Labour Day holiday is on Sept. 7.

The sovereign is seeking to raise up to US$6 billion through bond sales to relieve the pressure of low oil prices on state finances, though sources indicate this first deal will be much smaller.

Last month Iraq received its first international credit rating after Fitch assigned a B- rating with a stable outlook, six notches below investment-grade.

In its assessment Fitch cited political risks and insecurity that are among the highest faced by any sovereign rated by the agency.

Iraq last issued an international bond in January 2006. That US$2.66 billion 5.80 percent deal matures in January 2028. The note is trading at a cash price of 75.50, according to Thomson Reuters, to yield 10.23 percent.

http://www.reuters.com/article/2015/09/02/iraq-bonds-idUSL5N1181VZ20150902

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Dnari131:
  DEFINITION OF 'EUROBONDA bond issued in a currency other than the currency of the country or market in which it is issued.

BREAKING DOWN 'EUROBOND'

Usually, a eurobond is issued by an international syndicate and categorized according to the currency in which it is denominated. A eurodollar bond that is denominated in U.S. dollars and issued in Japan by an Australian company would be an example of a eurobond. The Australian company in this example could issue the eurodollar bond in any country other than the U.S.

Eurobonds are attractive financing tools as they give issuers the flexibility to choose the country in which to offer their bond according to the country's regulatory constraints. They may also denominate their eurobond in their preferred currency. Eurobonds are attractive to investors as they have small par values and high liquidity.

Read more: Eurobond Definition | Investopedia 
http://www.investopedia.com/terms/e/eurobond.asp#ixzz3kbVYsVIE


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Aggiedad77» September 2nd, 2015 Hello Family......two points.......

First with regard to the CC tonight.....I see several of you found the elusive post that I missed....thank you.....but remember patterns......it's just not the norm for Frank to put the IQD ahead of the Bio Cell/Jusuru meeting....but maybe tonight is even than "educational" as he pointed out.....maybe it's IMPORTANT....now I'm excited.

Second....regarding the bonds.....the Iraqis were a bit cagey I think.....they said after Labor Day here in the US....but what they failed to convey is when after Labor Day....what day.....my guess is it won't be immediate.....after all the entourage and credit negotiating team that is coming to the UK and the US won't be heading this way until Monday I believe.....and everyone knows how they work by now.....they travel to have these meetings and maybe negotiate some special rating....

Then they need to go back and throw it around between PM Abadi and the COM and the Parliament and their subcommittees and the Iraqi religious clerics.....get the picture that is forming ever so vaguely here.....it could still take a while.....but...and it's a bit BUT....maybe we will hear some news on this action during the CC tonight.....stay tuned.

Oh and thanks again to those who did find Frank's post for me.....much appreciate the detective work on that....teamwork!!     Aloha    Randy

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 2 SEPT

Highlights of Tony’s conference call.  Updated as the call progresses.  Only 1 hour call today.

Tony:  I would like each and everyone of you to send me a note, letter, picture of your celebration after this is over . . . and how you have immediately paid this forward.  Hopefully in the first week after this happened. Send me this so we can complete the picture. Wants this to be part of Tony & DC’s compilation of history so people can go and see what occurred, before and after. .  Tony’s address:  9580 Oak Ave. Parkway, #7269, Folsom, CA. 95630. 

Where we are at Today:  Tony:  Where we were on Monday.  Sitting around and waiting. . . No bad news. . . Meetings held and hearing tax situation will be decided by the end of the year.  Better to be safe than sorry. (set aside 50-55% in escrow till after the tax scenario is known).
I was looking for their last payday, and when that didn’t happen, they are thinking to get this done during this pay cycle.  It’s looking good to me because the projected date now is before the 15th 
 If we see an Arab Spring in Iraq, like Da’ash in Iran, then it’s not going to happen. That’s why we are in a critical point right now.  When people are in the streets demanding, nobody wants to see that happen, and I think they are trying to head that off.

CURRENT WINDOW:   Tony:  Could be any moment, any day this week or next week.  They have picked a day and time and we have to wait to see if it happens.  No, it has not passed yet.  Plan is not for . . .today.  Scheduled time is before the 15th.
Tony:  There are individuals with power who are flip-flopping (for and against Abadi and his reforms) because they suddenly realize that the reforms would apply to THEM – that they might have to give up one of their seven houses or whatever.  It was supposed to happen last night, but someone objected because it would affect them, and they had to have another meeting.  

IRAQ:    Want to get this done before something else occurs to delay or hold this up.  Tony:  There is a power struggle going on in Iraq.  They are supporting Abadi in public, but in the back rooms, people are saying, Yeah, but not my position/house/privileges.  Abadi is saying “They will not stop this reform, even if it costs my life.”  Because he is being so public and transparent about it, Abadi is making enemies that he may not be able to overcome.  Because the people in the street want this, Abadi is supporting it at his own peril.  Even though everyone is saying they support him, that is not the case in the back room.
At what point does he have enough leverage from those around him, enough support from the surrounding countries that he cannot be moved out by another dictator?  Iran still has a lot of influence through the back door and on the streets, and that’s why it’s very significant what Iran decides to do in Iraq
  • Iraq's Incentive:  Tony:  . . . is to secure their country, get their economy back and for their citizens to live like human beings as the richest country in the region. They want to stop the war, and for their people to walk down the streets without fear of being blown up.  In some ways, life was better for the people under Saddam than in the chaos of the  last 12 years.  The rest of the world has a powerful incentive in the GCR which is designed to create a more even playing field. The US has a great opportunity to do this right now, and a lot of people will tell you it has been dragged out until now so that the last quarter’s numbers are the best before the election year.  People can go out and spend money on cars and houses and do some good in the economy.
  • Security:  is still an issue.  The military patrol the streets nightly.  Tony:  . . .until people feel safe and secure, then it’s hard to push this forward.  They want to give the money to the people so they can have a great life and buy houses and cars, but at the same time, they don’t want the money to end up with the gangs and the mafia.  How do they work it out so that the bad guys don’t end up with even more money?  
TV /Mosques:  The people are going by what they hear in the mosques.  Newspaper articles are often a mis-information campaign.
  •  
INTERNATIONAL:    

  • Rates:  ZIM, lop 6 zeroes and those who have exchanged for SKR’s got a higher rate than .03.    
UNITED STATES:     Nothing more to be done here system wise. 
  • UST:    
  • Banks and groups on alert again. 
  • Packages:          
EXCHANGING:  
  CLOSING STATEMENTS:
PAM:  I like that guy.  I love the detail and everybody hearing about flying in the lower denom and what happened years ago.  Talked to someone that’s been in this 11 years and they know it’s worth waiting for.  Whatever the truth is, none of it matters.  Worth waiting for.  Hang in there guys.
RAY:  It will be here when it’s here.
TONY:  This week people contact me about selling dinar.  Asking you got anybody that wants to buy it.  I tell them don’t see it.  Don’t realize how close we are to this.  Sell it at half the price and when it’s announced 2 days/2 weeks later and you’ll feel taken advantage of.  I tell them, “No.”  You spent the money, just put it away.
If you bought it, you obviously believed it was going to happen.  It’s money gone.  If you spent it going to dinner, vacation, Vegas, it’s already gone so let it be gone.  That is your future.  I promise you that.  Stay with it.

Everything is good.  Everybody happy, excited.  Getting calls all this week saying get ready . . . any minute.  It is scheduled.  That is the good part.  We need to see if it comes true.  This is stuff me, Pam, Ray goes through every day.  Every country as we get the phone calls and information.  We get the idiotic stuff . . ..from supposedly good locations, but some of the most ridiculous . . .
They give it to us and it’s just BS or they give it to us to put to help convince you guys so when things happen, your more confused and we re just not going for it.  Because it just does not make sense to me.  Not going to talk about it when it’s just outrageous.
There is a mis-information campaign going on and has been going on.  Just don’t believe everything you hear.  They control the news in Iraq.  One article says this, another says that.  The people in the street go by what is said in the mosque.
Don’t believe everything I say.  I have been wrong.  Things have changed.  Things are being done on purpose.  Pam says “Tony, they are just saying that so we look bad.”  And I say, “We are not going to do that.”  “Maybe they are trying to get us to convince the people that this or that has changed.”

Either way this is a moving, breathing, living type animal that sometimes changes hourly, back to back to back.  Happened at 10 o’clock meeting but this happened at 3.
Memo goes out and we wait all day to get it.  Go through a lot of things like that.  All day, every day.  Just part of the process.  

I will tell you this – no I won’t.  Okay, all right guys.  Great day, great information.  All positive.  I have to wait and see what happens.  Not going to put it out but life is good.  Enjoy the rest of your day.  I’m going to enjoy mine.
It’s a great day, with positive information.  Another time and day has been determined and we will not put it out. Hope this is the last call.  Why I gave you my address (see above.) 
All right, enjoy the rest of your day.  I’m going to enjoy mine.

TNT CC NOTES, 2 SEPT

TNT Call notes 2-September-2015

Tony:  Good morning, TNT!  Today is Wednesday, September 2, 2015.  We are back here again, which we expected because it should happen sometime this week. It could be today, tomorrow, Friday…
I want to start with something else.  People have sent donations.  I cannot take checks with TNT on them.  There is no company, business or bank account with that name, so I end up shredding those. I did think of something, though:
9580 Oak Avenue Parkway #7269, Folsom CA 95630
A lot of people send me letters now, or may send me letter afterwards, and this is what I would like you to do:  send me a letter, note, picture, something of the celebration you have once this is over.  I would like to see that – what this whole process has meant to you, after it happens, and what your plan is now that you know this is real.  Also, I would love to know how you  have immediately paid it forward, hopefully within the first week that this happens. I want that to be part of the history.  We have already put together books of the letters you sent to the Powers That Be, and the letters they sent back.  We want to present those to those in power, to see this process from our perspective.  We also want to pass this down to future generations so that people can see what occurred.  But it won’t be complete without this final piece.  That’s what I was thinking:  send me that so we can complete the picture and what it meant to society.
We are in pretty much the same place as Monday. They had meetings yesterday.  The only new things I’m hearing is that the tax situation may be decided by the end of the year. It’s better to be safe than sorry, to set aside the maximum you might have to pay  in taxes and use the rest.  There may not be taxes in the end, but I suspect there will be. Everyone is ready to go at any time. The banks are on alert again, and the groups are on alert as well.  This could happen at any moment, any day this week. 
People in Iraq we have talked to who are involved in their business world with knowledge of the Iraqi administration, they are saying everything could be done this week.  They are looking for it all to be done by the 15th or the next day everyone gets paid.  If that doesn’t happen, it should definitely be done by the 30th of September.  There are three days, then:  this week, the 15th, the 30th.  They are trying to get everything done as quickly and clearly as they can so that they can get on with this.  They know there are people fighting this, who are gaining power, and they are trying to get it done before that happens.  There are people actually fighting this being done, and others fighting corruption in the government of Iraq.  They know this will change everything and they want to get this done before worse happens.  IN this country, they are ready and waiting for the Go signal. They had meetings Sunday and last night, and everyone is saying, “Do it!”  They have picked a day and time, and they hope it will go then.  We will have to wait and see if that happens.  That date/time is still in the frame, and it’s not next year.  Everyone is pushing, ready to go.  IT’s very sweet and simple.
404 caller:  I understand the China markets are closed today and tomorrow. What effect does that have, if any, on the GCR and RV?
Tony:  I don’t know what effect it will have.  Certain people in certain banks are now learning that China owns a huge position in those banks, and they are now being notified that this or that is happening.  We know their goal is to get down 12%, and they have done that.  Some are saying China is having a sudden two-day holiday.  We are jumping on every little thing as being part of the RV, and I don’t know that everything goes into that.  Maybe it is, but everything is not about initiating the RV.  I can tell you that the plan is NOT for this to happen today.
Caller:  Vegas, Vegas, Vegas!
402 caller:  Sure, you can teach a man to fish, but what if they don’t hold the fishing pole?  I have relatives I want to help out, by paying off their mortgage or car.  These people are always in debt, and I fear that without their existing debt, they will just go out and buy another car or house.
Tony:  Nobody is going to walk around debt-free.  All you can say is, “Here is your chance to start over, and I hope you’ve learned something”.  if not, you did what you could.  I have a nephew who is like that, and instead of giving him 100K, I will give him 14K per year.  As he gets older and learns how to deal with that, at least he has a backup.  My other two  nephews who are into this, I can give them more as a lump.
512 caller:  With the zim, are they still taking off six zeros and then times the exchange rate of three cents?
Tony:  That is my understanding, but at a higher rate than three cents.
Caller:  Thanks – that is good news.  I took your advice and went to Plan B, and bought more zim.  [Appreciation]  Vegas, Vegas, Vegas!
Tony:  I was sitting outside smoking a cigar last night, and a guy came in;  he said, “Tony, how do I get into OpenMike – nobody can tell me!”  I think OM is kind of like ‘the cabal’ – you have to know somebody or be born into OpenMike or something.  
574 caller:  There is a really good book I found online called The Richest Man in Babylon.  I was looking for something to help teach these principles to others in an interesting way because many people find money so boring.  I wanted something simpler for kids as well, and I think this book is the best thing since sliced bread.  It’s written in little stories and parables, teaching the principles in a new way that I can use for my mini-classes.
Tony:  I read that book 25 years ago;  it’s a great book.
Caller:  I wanted to tell people about that, and … Vegas, Vegas, Vegas!
252 caller:  I was looking at what’s going on today, and we are approaching a three-day weekend!  I was thinking this is a nice time to go to the bank, especially as Obama has enough votes to avoid a veto on the Iran deal. 
Tony:  You’re wondering if this is the perfect storm, and I can see that.  It is a holiday weekend, and that’s good.  It would be great for the Iran deal to be approved before this.  He has enough votes in the Senate, although Iran doesn’t have enough votes yet.  There is a power struggle going on in Iraq.  They are supporting Abadi in public, but in the back rooms, people are saying, Yeah, but not my position/house/privileges.  Abadi is saying “They will not stop this reform, even if it costs my life.”  Because he is being so public and transparent about it, Abadi is making enemies that he may not be able to overcome.  Because the people in the street want this, Abadi is supporting it at his own peril.  Even though everyone is saying they support him, that is not the case in the back room. At what point does he have enough leverage from those around him, enough support from the surrounding countries that he cannot be moved out by another dictator?  Iran still has a lot of influence through the back door and on the streets, and that’s why it’s very significant what Iran decides to do in Iraq.  WE have contacts in the military who patrol the streets every night;  that is still an issue, and until people feel safe and secure, then it’s hard to push this forward.  They want to give the money to the people so they can have a great life and buy houses and cars, but at the same time, they don’t want the money to end up with the gangs and the mafia.  How do they work it out so that the bad guys don’t end up with even more money?  There are individuals with power who are flip-flopping (for and against Abadi and his reforms) because they suddenly realize that the reforms would apply to THEM – that they might have to give up one of their seven houses or whatever.  It was supposed to happen last night, but someone objected because it would affect them, and they had to have another meeting.  I wish they would just implement it an hour after the decision, and stop giving the other side time to find another issue, yet again.  That drives me crazy.  Let’s see what happens.  I know it is there.  The tax plan is there, with a slow rollout here and in Iraq. We are not NOT going, we just are waiting to find out when we go.  We have our own issues here in this country, so how can we expect their country to be perfect?  When will it be perfect enough to go ahead and we’ll deal with the problems afterwards?
This holiday weekend could well be the time.  That’s the first thing Pam said to me this morning, and I get that… but how many holiday weekends have we blown through?  It is very possibly THE weekend, and it is a great time to do it. 
Caller: And it’s my anniversary!  [Appreciation]  Vegas, Vegas, Vegas!
559 caller:  I’m on top and can’t be stopped;  I’m blessed coming in and going out.  I know 410 asked one of my questions about this holiday weekend.  We are praying for the Iraqi people, that they get what they need and deserve.  Have you heard anything about the tax situation?  And if not this week, you’re thinking next payday?
Tony:  I was looking for their last payday, and when that didn’t happen, they are thinking to get this done during this pay cycle.  It’s looking good to me because the projected date now is before the 15th.  That is the scheduled time at the moment, so we’ll see.
Caller: That’s wonderful – that gives us something to shoot for.  We have been in this going on eleven years – issues hit us, sickness, lost our house – but we always kept our currency.  So everyone out there:  hang on, keep your money, don’t give it away!  God blessed us with another house, but we have friends and churches who need help, we want to help the veterans, and there are many  people and groups who we all can help.  [Appreciation]  Vegas, Vegas, Vegas!
Tony:  What is that secret society they have on the back of the dollar bill with the pyramid and the eye?  Pam?
702 caller:  [Appreciation]  There was an article posted today saying that Iraq has decided to postpone the deletion of the zeroes.  I know how that affects Iraq;  how does it affect the RV?
Tony:  There is an active part of the information campaign that is geared to put out misleading information – articles, rumors, innuendoes, and blatant lies.  You cannot listen to everything that comes out.  They don’t want people to know the exact timing because so many things can be manipulated if they know the exact timing – the markets, etc.  They want it to be confusing and intimidating;  otherwise, if they know it’s a sure thing, everyone will rush out and buy more currency. 
Caller:  If October 1st comes round and our government takes a hiatus, does that affect it?
Tony:  I don’t think that will affect it.  I think we’ll be fine.  I agree, I can’t believe we are in September, and it might stretch out to the end of the month.  But all the laws have been voted on and everyone has agreed to them.  What they are arguing about now is the terminology and implementation of those laws.  They don’t want this line or that line.  The people in the street are saying “you said you would do this or that, but not one person has been arrested, lost their job or whatever.”  They are arguing about HOW to implement the reforms, and they cannot do that overnight.
Caller:  Where is the point of implosion with this?
Tony:  They want it to go right now, but they are not going to create all this wealth to see it go in six months.  It’s been 200 years in the making and it might take 200 years to redo it.  If we see an Arab Spring in Iraq, like Da’ash in Iran, then it’s not going to happen. That’s why we are in a critical point right now.  When people are in the streets demanding, nobody wants to see that happen, and I think they are trying to head that off.
Caller:  [Conspiracy stuff]  Vegas, Vegas, Vegas!
Tony:  I got all these texts saying Pam should turn over the dollar bill – the secret society  is the Illuminati.  I think OpenMike is like that – if you don’t know the right code or you don’t know someone, you can’t get in there.
770 caller: What is the incentive for them to move this thing forward? 
Tony:  Iraq’s incentive is to secure their country, get their economy back and for their citizens to live like human beings as the richest country in the region. They want to stop the war, and for their people to walk down the streets without fear of being blown up.  In some ways, life was better for the people under Saddam than in the chaos of the  last 12 years.  The rest of the world has a powerful incentive in the GCR which is designed to create a more even playing field. The US has a great opportunity to do this right now, and a lot of people will tell you it has been dragged out until now so that the last quarter’s numbers are the best before the election year.  People can go out and spend money on cars and houses and do some good in the economy.
Caller:  If Abadi has the power to do this, how can he sit back and watch his people suffer?  If the US has that power to put Saddam in and take him out, and enough power to trigger a global reset, with a better life for everyone, and still allow these others to put them in check?  That doesn’t make sense to me.
Tony:  Do you really want to go down this road?  The US went over there and took out Saddam, and everyone celebrated.  If you take out another country’s leader, and ¾ of the public like that person, what do you think happens? We are not going to let someone from another country come here and take out a senator or President without retaliation.  So we cannot do that in Iraq.  The people of Iraq have to say themselves that ‘enough is enough’.  We cannot do that for them, not if it’s an internal conflict.  I’m not going to take out my neighbors just because they are Republicans.  They have the right to be that, if they choose.  Iraq has its own government, and they have the right to fight it out amongst themselves, now that they have a democracy with banking rules. We insisted that they have banking laws and anti-corruption rules so that investors can be safe, and a national guard so that the oil wells are secure.  That is what the US insisted on before with-drawing. They are learning how to do all that – it wasn’t their idea!  And now they are having growing pains, in a very condensed time frame.  We want Abadi to ‘just do it’, but we are sitting in the US, and he is over there, having to deal with people, their cousins and political allies. The people in the streets are saying “let’s wipe out the government and Parliament”, but if they do that, how long will it take for people to have confidence in that new government?  Abadi has proposed the reforms, but saying it on Monday doesn’t mean that it is functioning on Friday.  The new people coming in – will they play by the new rules, or will they be influenced by their brothers and cousins in turn?  Even though we say Abadi can make that decision, it’s much bigger than Iraq, and it’s a collective decision. That’s why there were three meetings in the last week, and they give the green light;  if it is smooth, then it will go, but if there is a problem, they stop and look again. It’s a process, and it changes after every meeting.  That is the reality.  They want to get it done, and they are saying ‘this week’, and if not this week, by the 15th, and if not by then, by the end of this month.  Those are the dates as I understand them.
616 caller:  I’ve been listening to you have a long time.  I worked for the airline that flew in the new currency to Iraq and Bahrain over ten years ago.  Such a smell!  They flew in three planeloads of the lower denominations three months ago, with 340,000lb of each one. The security was unbelievable for what we thought was just wallpaper.  So I kept buying dinar.  Now I’m worried about the zim.  If they keep dragging this out, will Zimbabwe put up with that?
Tony: They will do what every other country does – they’ll extend their dates and then get drunk with the rest of us.  Pam?
Pam:  I like that guy – I love the detail, that they flew in the money and what it looked and smelled like. That’s awesome. There is someone I love from Texas who has been in this for eleven years, and they are here until the end because this is worth waiting for.  So hang in there, guys!
RayRen:  Let’s see what happens.  It will be here when it’s here.
Tony: Ray, nothing about the secret society?  This week friends have called me, even this morning, saying they really need to sell this dinar, and do I know anyone who wants to buy it?  I tell them not to sell it:  nobody will pay what you bought it for, and if you sell it for a loss, you’re going to be upset when this goes in two days or two weeks.  You’ve already spent the money, so put away the currency.  This is the greatest opportunity of your lifetime and you’re going to give it away because it didn’t happen the day you wanted it to, and now you are willing to give away your family’s future?!  If you spent the money on a car, dinner, Vegas, the money is already gone.  This is your future, I promise you that, so stay with it.  Do whatever else you need to do, but don’t get rid of your entire future for $500.  Everyone is ready and excited, it could happen any minute – although it’s not today.  But it is scheduled and we have to see what happens.  We know what everyone is going through, because we go through it every day.  We get information from all over the place, and sometimes it’s just ridiculous.  People give us misinformation for two reasons:  because they are spreading BS or because they want you to be more confused and/or discouraged.  There is a misinformation campaign going on, and there are reasons for it.  Just don’t believe everything you hear.  They control the news!  The people in the streets find their truth in the mosques.  Pam says that sometimes they give us bad information just to make us look bad.  We’re not going to do that.  We may look stupid sometimes because things have changed, but we will not deliberately give out bad information. This is a living, breathing animal that changes hourly and daily.  At 10am this happened, and then at 3pm this other thing changed.  The bank memo went out at 8.30, and we might all day until we get it.  We put the piece together as best we can.  Those who get confused because they listen to things that clearly don’t make sense, well, I guess they deserve to be confused.
It’s a great day, with positive information.  Another time and day has been determined and we will not put it out.  Life is good!  I hope this is the last call;  that is why I gave you the address again, so that you can send letters and pictures about how this has affected you and how you are paying it forward. That’s what I’d like to hear about.  Thanks, and enjoy your day!