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Sunday, September 20, 2015

NETDANIA RATES FOR IRANIAN RIAL, INDONESIA RUPIAH & VIETNAM DONG, 20 SEPT






TNT CHAT UPDATE, 20 SEPT

TNT:

elmerf123456
 wrote 1m ago For anyone who may of heard the taped call from Eagle1,

I understand the the opinion with MR. O happened two weeks ago and things have progressed forward since then. I will be getting more information on this tonight.

The part with the president took place two weeks ago and we have progressed and moved to a much better spot….

We are all ok. pres is only one man and the biggies will prevail….. 

This cannot be unwound. You see it's global and not just about the U.S.

Iko Ward:  Here's the gist of it. We, as inexperienced individuals, have been privy to world class theories, facts, double-speak, both truth and lies of incredible proportion. Most of us have handled it pretty well. Some have not. It's all OK. we are about to be wealthy and will continue to learn. I for one, am excited. I hope you are too.
....
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TishwashFox Video Panel Guest Says He Bought Zimbabwe Dollars

Grammy10 provided us with this gem

http://video.foxnews.com/v/4495470161001/millennials-rattled-by-stock-market-volatility/?playlist_id=930909826001#sp=show-clips
 sorry it can't be embedded here you have to click the link above  it's the guy named Dan about 2:50 

EAGLE UPDATE, 20 SEPT

News out of Iraq…we have a report that Iraq passed the Anti-Terriorist Law and the Finance Responsibility Law…passed that, and that wiped out a whole fistful of laws Maliki had on the books that allowed him and his cronies to steal big time from the government.
The International Investment Law was tabled until next Monday, the 21st.  Whether they take the vote or bump it out a few days, no one knows, but what makes this law significant is the law has no teeth if we don’t have an RV, or a raise in value so that it is at least on par with the U.S. dollar where it’s got some worth to it.
If they don’t make the dinar at least on par to the U.S. dollar than this Investment Law really makes no sense. If they pass that law you can expect to see an RV.  

DINAR GURUS UPDATE, 20 SEPT

9-20-2015   Intel/Newshound Guru tman23  Abadi made a statement a few days ago that he was not going to conduct business through the media...That has pretty much been the status quo of the top powers who count.  Anything that is "market sensitive" which includes monetary reform is not going to be hashed out in public or through the media.... They may talk about laws and reforms but none of it will ever indicate outright that the currency will appreciate overnight in value.
9-20-2015   Newshound Guru FrostyTheSnowman
   ...two questions on my mind.  #1 - When will Dr. Shabibi be exonerated ... including his trusted colleagues so they can return to work with honor?  #2 - Where will the 12's final chess piece land? (In Iraq's favor ... or Iran's?)  IMO -- lock-up M [Maliki] ... and you lock-up Iran. Perhaps then will Dr. S be free to RV.

9-20-2015   Intel/Newshound Guru Poppy3   [September is history...especially with Parliament out till the 29th...  ...why the wait if they are in such a hurry? international banking rules and regulations they haven't met yet...the international banking laws approved and met but their government and international rules keepers like the IMF, WB, UN FINANCE COMMITTEE. ETC ETC.  ...these are all things they are pushing as fast as possible daily now but governments and legals move slow in...regardless of the hurry. WE ARE IN GREAT PLACE AND OUR INVESTMENT GETTING MORE PROMISING EVERYDAY. 

9-20-2015   Newshound/Intel Guru BGG
   Your thoughts and beliefs on this post: "The HCL has nothing to do with what we need to look at. It's not going to push anything forward or anything like that. The HCL has to do with the country federalizing and what they are going to do with oil."  I agree...plus they have a "patch work" of oil laws that would work fine. 

TNT:China hopes for good news on IMF currency basket, 20 SEPT

    • via95L said
      07:43 AM Sep 20, 2015

    China hopes for good news on IMF currency basket: Jin Zhongxia, Chinese representative

    READ MORE ON » Yuan | Special Drawing Rights | Jin Zhongxia | interest rates | IMF | Foreign exchange | Federal Reserve
    WASHINGTON: China is well placed to meet the criteria for inclusion in the International Monetary Fund's benchmark currency basket, the country's representative at the international lender said on Friday. 

    Beijing has launched a major diplomatic push for the yuan's inclusion in the IMF basket as part of its long-term strategic goal of reducing dependence on the dollar and France said on Friday it would back the bid. Jin Zhongxia, executive director for China on the IMF's policy making board, said China would respect the IMF's decision on whether to include the yuan currency in the Special Drawing Rights (SDR) basket, but was hoping for a positive outcome. The yuan, also known as the renminbi, was already ranked as a top exporting currency, he said. "More importantly, China can potentially satisfy all of the operational requirements for being a reserve currency in the SDR basket," Jin said at an Atlantic Council event. China had an active currency market, had recently liberalized interest rates and opened interbank bond markets and would soon open its currency market to foreign institutions, he said. The IMF's executive board is scheduled to decide in November whether to add the yuan to a basket of currencies comprising dollars, euros, pounds.One of the criteria is that the yuan be "freely usable," or widely used to make international payments and readily traded on foreign exchange markets. Jin said the currency may be nearing its equilibrium exchange rate. China has been using foreign exchange reserves since mid-2014 to support the yuan after pressure on the currency intensified since a surprise devaluation on Aug. 11.the move sparked turbulence on global markets and was one reason the U.S. Federal Reserve cited as driving its decision to refrain from hiking rates on Thursday. But Jin said the market reaction, while possibly "irrational," also showed the importance of the currency. "This is rare, even for some of the SDR basket currencies. So clearly if the renminbi is not that important, the world would not bother to pay so much attention," he said. 

    • Tndr said
      08:18 AM Sep 20, 2015
    This is a good article, shows the high likelihood of the Yuan being the world's reserve currency. At the least, the world will have less dependency on the USD. We need to and probably have moved to an asset backed currency. Fiat is no longer acceptable. The world is changing quickly and we need to pay attention. Many folks get mad at decisions about Iran sanctions being lifted, the Pacific Trade agreement but they need to see that these are necessary or we will be left behind. I do not fully understand a lot but I can see that the globe is a big place and it is arrogant to think the US will have all the say, all the time. It is good to aspire to be on top but not at any cost and not with useless value. We see systems changing.....Banking requirements, higher accountability.....Basel III, etc.
    Bob Dylan said it way back in the 60's...."the times they are a changin".....we need to get with it and learn the about the changes or else we get left behind and lose out on opportunity and growth.
    • KarenS3 said
      09:19 AM Sep 20, 2015
    Very wise comment TNDR. So many people that are against progress in the guise of being conservative, yet conservative is the old way and we are entering a different world where we are supposed to all work together for the common good of us all. You scratch my back, I'll scratch yours, so to speak. Too many people don't think for themselves, but take the word of some other person because they think that that other person is more informed than they,yet I have found that if I not only read other's words but consider how what they are saying fits into the entire scheme, I am able to flush a lot of BS. Here is to a great world coming.

TNT CHAT UPDATE, 20 SEPT

TNT:
Elmerf123456:  Another Sunday morning and here we sit! Waiting for someone's button to be hit! Emotions ride high high and some stay up late! To catch a wink of the RV Fate! Control your emotions in this daily grind! On our own the RVs hard to find! Nevertheless stand tall like a tree! Changes in life is coming to thee! Search and hopes were not in vain! As we prepare to receive this financial gain! Elmer

@IraqDaily: Iraqi bank uses 'Qi Card and MasterCard,' to pay employees and retirees' salaries http://t.co/YnhJ2JrJbl  #Iraq

ChrisTNT52:
  could someone explain the significance of the iraqi salaries on the q cards? I really don't understand.

Cleoman:
  ChrisTNT52 I think once they started getting paid , we are to RV then, I believe that is correct, not 100 percent sure.
....
CloudWalker:  Chris, in short, my understanding is this: Tony has long said that we will get paid when the everyday Iraqi people get paid. On Friday, tony said, "Someone is about to get paid." I believe he meant the Iraqi people. And, therefore, we would do then follow.

Angel11:  I have a question for you. In order to have the cards be international, there has to be an international rate, correct? Is that their way of announcment? Does that mean the RV has to happen today? Thanks in advance.

Cleoman:
  Angel11, yes that has been my understanding when it's going like that it is then international

Elmerf123456:
 A lot of us are confusing the rate we are looking for versus the rate on the QI card for the employees and retirees of Iraq those rates are based on oil credits and have nothing to do with their people !  International presence is the most important significant thing in the last couple laws that are being passed with money laundering and banking reform… speaks major volumes on a grand scale

Cloudwalker:
  So, by the Iraqis getting paid on their Qi cards, the process has started.

Elmerf123456:
  Angel. This is a very complex thing for most to understand. The principle here is if the money is flowing in country ….and out of country we’re that much closer

Angel11:
  I was just expecting things to have happened this weekend. I'm happy for them, but wanted to be happy for us too.

Elmerf123456: 
 You may not be able to see it but this is been a great weekend of major accomplishments

Menshie2:
  IMO - sounds like the gov people will be paid Sun and Tues. Tony has said that we will not get paid till after the everyday people are paid. And with EID ahead of us I believe that it will be after the holiday. But I hope I'm wrong! Lol

Iko Ward:
  ISX moved up another 1%. Nothing else on my end.

ExtremeBusiness:
  So iraq is electronically international connected , so now we wait for monday?

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

Winneriam:
  Will the Pope's visit to America kick off this RV finally?

I am thinking it certainly has something to do with it. I cannot imagine an Event of such magnitude going on without his input concerning a world global reset. Tuesday the 22nd of September he arrives. Let's keep our hopes up with this coincidence.

http://www.popefrancisvisit.com/official-final-schedule-of-pope-francis-u-s-visit-2015/

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

Via95vl:
  China hopes for good news on IMF currency basket

China hopes for good news on IMF currency basket: Jin Zhongxia, Chinese representative

By Reuters | 18 Sep, 2015, 11.52PM IST

WASHINGTON: China is well placed to meet the criteria for inclusion in the International Monetary Fund's benchmark currency basket, the country's representative at the international lender said on Friday.

Beijing has launched a major diplomatic push for the yuan's inclusion in the IMF basket as part of its long-term strategic goal of reducing dependence on the dollar and France said on Friday it would back the bid. Jin Zhongxia, executive director for China on the IMF's policy making board, said China would respect the IMF's decision on whether to include the yuan currency in the Special Drawing Rights (SDR) basket, but was hoping for a positive outcome.

The yuan, also known as the renminbi, was already ranked as a top exporting currency, he said. "More importantly, China can potentially satisfy all of the operational requirements for being a reserve currency in the SDR basket," Jin said at an Atlantic Council event. China had an active currency market, had recently liberalized interest rates and opened interbank bond markets and would soon open its currency market to foreign institutions, he said. The IMF's executive board is scheduled to decide in November whether to add the yuan to a basket of currencies comprising dollars, euros, pounds.

One of the criteria is that the yuan be "freely usable," or widely used to make international payments and readily traded on foreign exchange markets. Jin said the currency may be nearing its equilibrium exchange rate.

China has been using foreign exchange reserves since mid-2014 to support the yuan after pressure on the currency intensified since a surprise devaluation on Aug. 11.the move sparked turbulence on global markets and was one reason the U.S. Federal Reserve cited as driving its decision to refrain from hiking rates on Thursday.

But Jin said the market reaction, while possibly "irrational," also showed the importance of the currency. "This is rare, even for some of the SDR basket currencies. So clearly if the renminbi is not that important, the world would not bother to pay so much attention," he said. 

Read more at:

http://economictimes.indiatimes.com/articleshow/49018798.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

DINAR IRAQ & DONG VIETNAM UPDATE, 20 SEPT

DINAR IRAQ & DONG VIETNAM :How Will The Dinar RV News Affect The Currency Market?
If a revaluation of the Iraqi dinar occurs, it will not have a huge impact on the currency market as a whole because the dinar is not actively traded in the financial markets. Still, even if it were an actively traded currency, its revaluation would not cause much turmoil in the currency market. This is because the average daily turnover in global forex markets is more than $5.3 trillion, according to statistics from the triennial survey carried out by the Bank for International Settlements (BIS). Moreover, the UK forex market alone is worth more than $2.73 trillion. This is more than the entire GDP of Iraq, which means revaluation of the currency would have little or no effect on forex trading. Financial experts believe that only major currencies such as the USD would have an impact on currency markets if revalued.
The potential Effect of Revaluation on People Who Hold The Dinar
Nevertheless, revaluation would have an effect on people who hold the dinar. For example, say you invest $1,000 in Iraqi dinars. At current exchange rates, your investment would be worth 1.163 million dinars. Assuming that the revaluation will peg one Iraqi dinar to one USD, your $1,000 investment would turn into $1.163 million, which is a lot of money. These statistics show that an investment of say $20,000 could turn you into a multi-millionaire overnight. Most people who have invested money in the dinar believe revaluation will occur at some point in the future.
In summary, if you intend to invest in the Iraqi dinar, it is wise to follow dinar RV news keenly. Although the CBI has not set a date for the revaluation of this currency, it is likely to happen in the near future.
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The deletion of 3 zeros will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.

JACKSON OBSERVER TIDBIT, 20 SEPT

G20 Nations, Together with China, Agree To Swear Off Foreign money Devaluations
After two days of discussions between finance ministers and central bankers from the world’s 20 largest economies, the Group of 20 nations agreed to chorus from devaluing their currencies to extend worldwide market competitiveness. The accords search to soothe international fears of race-to-the-bottom of foreign money depreciations.
The settlement is meant to stave off a spherical of snowballing devaluations that many apprehensive would comply with China’s choice to let its foreign money depreciate in August.
“We’ll chorus from aggressive devaluations, and resist all types of protectionism,” learn a press release from the Group of 20  revealed by  Saturday.
Some suspected that Beijing’s transfer was an effort to goose export demand as China’s financial system continued to falter, a technique that dangers spreading devaluation pressures to different nations and heightening international commerce tensions. However apart from a couple of minor currencies, just like the Kazakhstani tenge and Vietnamese baht, no main central banks have adopted go well with with depreciation plans.
Nonetheless, some say there’s room for concern. “There’s a shared sense that the G20 must double down on its precept that aggressive devaluation is a nasty factor,” a senior U.S. Treasury official and different information retailers on the assembly.
The Group of 2o, which incorporates the U.S., China, Russia and India, additionally agreed on a variety of different macroeconomic measures meant to deal with disappointing financial information. “International progress falls in need of our expectations,” the group’s assertion continued. “We now have pledged to take decisive motion to maintain the financial restoration on monitor and we’re assured the worldwide financial restoration will achieve velocity.”
The finance officers agreed that whereas financial coverage would stay a spotlight amid risky markets and weakening progress, central banks couldn’t enhance the world’s main economies on their very own. “Financial coverage alone can’t result in balanced progress,” the assertion stated.

TNT:My bank story by ALIONGHORN, 20 SEPT

    • ALlonghorn said
      03:30 PM Sep 19, 2015
    I have a friend who is a branch manager at a Regions bank in Alabama and she owns currency.  She called me yesterday to tell me that when she comes in her office in the morning that she turns on her computer and goes to her FOREX page.  She said that Thursday morning, for the first time in her history at the bank, she saw Zim listed as a currency with a rate.  After I recovered and got back on the road, she said it had never been there before and showing a rate.  The rate showing on her screen was $0.0027 per Zim.  I asked her if I could exchange some right now and she said her bank did not handle or trade the Zim, so no I could not.  She was very excited to see it listed for the very first time and she is holding currency as well and I am sure will be watching rates come Monday morning.

    SWEET HOME ALABAMA COME ON RV!!!!!!!!!!!!!!