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Monday, January 18, 2016

CHAT WITH STEVEI : Q & A, 18 JAN

Smokem111  said:  Hey SteveI, Happy Birthday Sir. I hope you had a great day with Marion and your family. Any update from you and your team is greatly appreciated. I know you work tirelessly for this site and in your private life. I know you thought at one time it would be 3+ however Maliki really screwed up that opportunity for his own people. I’m just finally happy that there is someone there who actually cares for his country and people. ​If it is 1:1 it will definitely be a start for the Iraqi people to start living better and able to afford the things they need in their daily living. Again thank you and have a great weekend.

  Scott Stevel: It will be close to a one to one because of the iMF. Do not expect more at this time.

 Beachguy, said:  Any Update Yet ??? 

Stevel: I am trying to confirm some new events that are taking place. Most are a bit slow getting back because of time difference. Hang in there.

 rideau130  said: It is likely a 2 step process …. first they will move to a 1:1 rate (or thereabouts) … after that in a few days or a few weeks they will move to the final rate in the 3.50 to 4.20 range. Stevel: That is very positive and wishful thinking, but based on new evidence or our teams research has discovered, that will probably not happen. 

merlin62 said:   This is a blessing! It’s more than I ever expected when I ordered my first dinar. It will also be more money than I have ever seen at one time, in my entire life. I can still help some less fortunate than I have been but I might have to rethink my plan. I will still give thanks to God for his directing me into this investment. 

Stevel:   Perfect and humble attitude. Anything greater than what you purchased it for is a huge blessings.

 buck72801  said:    I agree as in its a reality rate

 Stevel:   May I ask you guys where you keep coming up with this “reality rate” phrase? This was something made up by the so called predictors (trying to keep it nice here) and I personally have not read it in any news article that came out of the CBI or any official government agency. Can someone please share who made this up? Maybe it is from the CBI, but I sure missed it. Personally there is no such rate. Please prove me wrong here. Explain in your own words what the term “Reality” really means. I think “Reality” is a number within your perception of what you personally feel would work within the global economy and not what can be supported by the resources by the CBI or its gold, oil and other assets. I myself will admit that a high rate would be acceptable from all of the resources we got our information from, but now that the IMF has stepped in and will dictate as outlined in the exhibit below, show me something that indicates a $3 plus rate please. Iraq Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding Dated December 22, 2015 http://www.peoplesdinar.com/images/IMF_Guidelines.jpg Link to this document:   http://www.imf.org/E…/IRQ/122215.pdf 

http://www.imf.org/External/NP/LOI/2015/IRQ/122215.pdf Thanks. 

Steve wldcat03 said:   Steve…I think, which I am probably wrong..  But I believe Millionday has stated for quite some time that their current currency rate is an imposed rate by the IMF. The reality rate is what the true value of their currency will be. So most people think the “reality rate” will be “X” once they stamp a value to their currency… 

 Thats my guess Stevel:    Yes I believe you are absolutely correct. I just did not want to start throwing out names her and want to be respectful. This goes to show you how one individual can create a new term that sounds perfect and the entire community adheres to it. Do not get me wrong that this is a bad thing, but rather what we so want to hear and believe within ourselves and our minds. 

 Steve wldcat03  said:    I dont mean to call Millionday out. Her intel and time are incredible and everyone on here is very thankful for her effort. I personally think that is where the term came from. Either way, I trust her intel and yours and patiently wait to see what Iraq’s next move is.

 Stevel:     I get it, and yes she cuts and pastes news articles and reports that and she gets paid very well for doing that on that site. That is not the issue here, but rather the concept.I am not challenging her news.

 goods10said:   Are you going to share with us your new discovery or should we just take your word for it?

 Stevel:   This was a team effort and I want to be respectful and make sure what I share and when I share is ok with them. What we found is sure positive but sill not 100% a guarantee that it going to happen.  Let me run this by them and respond back. the assessor:    Stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country. He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy).

He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results, and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system. Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets. He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency This in turn will give the power of the economic process in Iraq. He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets, also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations. Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks, instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country’s economy in the Renaissance. 

http://www.alsabaah.iq/ArticleShow.aspx?ID=108592

 SteveI:    This article  (ABOVE) just posted my update for me. Now go read RMoore’s post about gold.  (below) Why are they bringing this up now? I have a good idea. Stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country. Now Iraq is about to tell you what they are doing without me having to do my update. 

I have been looking for an article like this for a few weeks now to confirm our finding. This article stressed again, He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets, also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.

 keep the Iraqi dinar as an investment in the currency market is not pegging it to our USD but rather something else, and it is not oil. So, here is the million dollar question to you, if you were to keep the Iraqi Dinar as an investment, what would it take for you to do this? A brilliant idea they developed back in December of this last year. Please go to http://www.xe.com/ and compare the IQD to a few things and you will find the results and you will be shocked.   http://www.xe.com/ In order to call the IQD an investment, it has to be backed by something of value. 

Hint, not oil or our USD. This means no Revalue or Reinstatement but rather changing it to an investment. Once you do that I will then go into more details about it.  Best article of the century.    Blessings, 

 Steve Post by RMoore : Iraq ranked 37th among 100 countries in gold reserves   By Abdelhak Mamoun –  Jan 17, 2016 Representational-file-photo-7.jpg (IraqiNews.com) Baghdad – World Gold Council revealed on Saturday, that Iraq’s reserves of gold amounted to 89.8 tons, emphasizing that it represents 4.6 percent of Iraq’s reserves of foreign currency. World Gold Council said in statistics published for the month of January 2016, and followed by IraqiNews.com “Iraq’s reserves of gold remained stable and did not change, reaching 89.8 tons,” noting that, “This amount represents 4.6% of its reserves of foreign currency.” The council added, “Iraq did not buy gold since April 2014, in which it bought 15.16 tons,” indicating that, “Iraq is ranked the 37th among 100 countries, which has reserves, according to Global Central Bank for Reserves.” The Central Bank of Iraq announced on Thursday (April 3, 2014), that Iraq’s gold reserves reached 90 tons to support the value of the Iraqi dinar, noting that it contributes to the strengthening of the national economy. http://www.iraqinews…-gold-reserves/ 

http://www.iraqinews.com/business-iraqi-dinar/iraq-is-ranked-37-among-100-countries-in-gold-reserves/​​

TNT :Anonymous, 18 JAN

    • freedomboomer said
      02:30 PM Jan 18, 2016
    The Country of Iran has revalue it's currency, as I have always stated Iran cannot have any sanctions once lifted we will see our own revaluations,we'll that just happened today,it is the first country of the basket of twenty to revaluate,all the rest should follow through within the following hours. The world as we know it went bankrupt today and something must change and must take place for the sake of all the people of the world. 204 countries should revalue or devalue and are on schedule, nuff said. Anonymous
    Just had a friend pass this forward..so thought I would post

MNT. GOAT UPDATE:“Moving from Article 14 to Article 8”, 18 JAN

UU6858 – “Moving from Article 14 to Article 8” by Mnt Goat

Hello Everyone,

This news letter will be yet another one filled with Golden Nuggets for you to digest. Many keep asking me what the holdup is and I am desperately trying to help you understand there is no hold up. It is just moving slowly and it takes time.

In the final analysis you must always also remember the past and the chaos from the Maliki administration. We all know this was set back. From history we know this RV was approved to go in 2012 and was well on it’s way. We know too that even that many members of the Dowa party split off and now take sides with the Abadi as “reformers”. Unofficially Abadi resides over this sector of the party.

All I can say to everyone is BE PATIENT!  Iraq will get its currency online again (international) and today I will show you why I believe this is coming much sooner than later.


Today’s News

Today is Monday January 18th 2016 and yes we have officially entered the third week of the new year already and still no RV.

I totally expect to see more and more articles come out very soon talking about the Iraq currency reform and the “project to delete the zeros”. But first parliament must get this  “basket” of laws completed, as I  explained in my last news letter. We know that parliament is coming back into sessions tomorrow Jan 19th. I believe they will roll up their sleeves and get to work.

So today I want to bring you the news of the IMF mission to Iraq in reaching an agreement on a Staff-Monitored Program (SMP).

What is the SMP?

SMP defined - A member’s Staff Monitored Program is an informal and flexible instrument for dialogue between the IMF staff and a UN member country on its economic policies.

The SMP for Iraq was approved by the IMF Managing Director just 6 days ago but it was written mostly throughout the year 2015 and finalized in November 2015. The mandates did not all of sudden hit Iraq from the IMF but Iraq has been closely working with the IMF on this SMP, as we can see the progress since June 2015 already in these many Abadi reforms. Now we know where many of these reforms came from and they were not just “good ideas” from Abadi and his council of ministers.

The IMF has published news of the SMP under the “Staff-Monitored Program-Press Release; and Staff Report”  Publication on January 12, 2016. Yes – just days ago! This is what we will talk about today. This is the official news on this SMP. Here is the link.

http://www.imf.org/external/np/sec/pr/2016/pr1604.htm

But remember this news is months old already as this MOU was from November 2015 the IMF delays its news by months for public consumption. Most of the time many of the tasks are already completed or well underway by the time we get the news.

I highly recommend everyone read this document to better understand the state of the economy in Iraq. I will make my points as to the currency reform in this regard.

Here is the link:

http://www.google.com/url?url=http://www.imf.org/External/NP/LOI/2015/IRQ/122215.pdf&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwifrJXKwrPKAhWJVD4KHT01BaUQFgglMAM&usg=AFQjCNFEN94HXeBMwJIslfPcxYdRhebjog

So a “Letter of Intent” in Memo of Understanding (MOU) was sent to Iraq from the IMF. This memorandum of understanding talks about conditions on the intent of Iraq that they “will” meet certain conditions and talks required of Iraq according to the SMP. It is about all aspects of their economy but I will focus, of course, mainly on the parts dealing with the monetary reform.

When you open the MOU please go to section namely “C. Foreign Exchange Policy”. This is the juicy part and the golden nuggets for today.

 I quote from the MOU – “The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view of eliminating exchange rate distortions. Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will sent a positive signal to the investment community that Iraq is committed to maintain an exchange rate free of restrictions and MCPs for current international transactions and thus create a favorable business climate”.

So the further explain what this quote from above means I first set the groundwork since many of you still do not fully understand how the economy of Iraq functions today. I will need to explain further how Iraq’s currency now works. Iraq is now under the UN charter and is a member nation. This is why it was so important and imperative in the summer of 2013 to get out of the majority of sanctions from the war. Under the UN charter member states do not necessarily get to have a global recognized currency unless they meet all the necessary mandated banking practices, investment and currency rules. The IMF has been doing business with member nations for a very long time and have these rules down to a science. So in the process of establishing these the needed laws and procedures to comply with the IMF mandates, Iraq was put under Article 14 Transition Agreements of the UN charter which is the intermediary state prior to moving to Article 8 (which is the general monetary policy obligations of a member nation).

Article 14 is a training period also for the member nation to learn and establish the necessary monetary obligations it will be subject to later. The key I am  trying to explain to you is nations just don’t suddenly move to Article 8 they must EARN it and it takes some time to learn and implement the global practices. But when the IMF sees they are fit and ready they will move into Article 8 and they will move the dinar to the global exchanges at that time. Would you take the training wheels off your kids bike if you knew he/she was going to crash and get hurt? No- you would first gently help the kid in the learning process and one day, if they do not request it on their own, you will take off the training wheels, but still only if you see their progress in riding the bike warrants the risk and the likely hood of crashing and burning is minimal.

So you see many of you want to know what the hold up to the RV is. There is no holdup except Iraq is not ready. I hope that after today’s news letter you can better understand this statement.

Your inquiry (as to what is the holdup) only comes from these so called intel “gurus” who keep pumping you with this nonsense that the RV will happen any day/ every day and should have already occurred and I quote from one of the calls I listened to – “ it is a marvelousWednesday and I don’t know why we still sit here without an RV”. 

So to explain further first I have to add that Iraq is under a “closed economy”.  What does this mean?

It means they are shut off from the rest of the global economy. Yes – they can import goods to survive and they can export oil for revenue but currently (because they do not yet have their currency on the international exchanges) they must pay their bills in foreign currencies namely the currency of origin (but the US dollars is mostly used a common denominator too smooth over these business transactions). They can not by law use Iraqi dinar to buy goods or services with the outside world (at least not until they are in Article 8). These payments are handled mostly by the CBI state banks use the mechanism of the CBI auctions bring their dinars and purchase US dollars for this purpose.

In the future Iraq, when the dinar is on the global exchanges, will conduct these foreign trade   transactions under the World Trade Organization (WTO) using the World Bank. Thus the need for the CBI money auctions will go way because all these currency trade payments can them be made in the dinar and they will no longer have the need to convert to US dollars (the currency media of exchange) first and use the CBI for this purpose. So right now because they are using the CBI this opened them up ripe for corruption in these auctions in the rate category.

Do you remember the articles we read a year ago on the WTO seminars conducted with Iraq?  This was their education on banking process and interfacing with the World Banks, setting them up for the future.

So let’s make some connections here from what I just said. Now you understand more fully these auctions and why they conduct them and their usefulness. Also I want to point out that the major push now is for Iraq to diversify their economy. We have read countless articles on this topic.

How will they export their goods from Iraq once they diversify? Instead of payments for IMPORTS they will have too receive payments from international venders for their EXPORTS. So how will they interface with these international venders/wholesalers/companies who come to Iraq to buy goods?

How will they accept their currency and what rate will apply in converting it from the foreign rate to the dinar rate unless they have a stable rate?. Otherwise the value of the dinar will fluctuate like it now is and we know this is now part of the problem since Iraq is moving to a global economy and this is part of the transition pains. Currently Kurdistan trades at one rate, Baghdad trades at one rate and the CBI auctions off at another rate. This must be all standardized, stable rate. Without being on the global exchanges it is very difficult to standardize it since this would be the place to go for the rate. The best they can do it try to stabilize it over a period of time and prove to the IMF they can control their currency of their “closed economy”.

How can they interface with the rest of the world if they do not yet have a currency of their own that is tradable with the international community? So can you see the change that has to happen and why?

Many of us are disappointed that this sudden and prolonged drop in oil prices has hurt Iraqi economy and thus feel it is effecting ans slowing down the process of getting the RV done.

But I totally believe it is having just the opposite impact. In fact this economic downturn is like making the child take the training wheels off the bike and learn to ride the bike independently. The drop in oil prices is forcing / facilitating/ pushing the diversification efforts ahead.  We all should know Iraq by now and these middle eastern people do not do anything on time and have a warped sense of time compared to westerners.

Now you know the ultimate outcome of this diversification process for Iraq as far as we are concerned in getting our RV and being able to go to the bank and exchange our dinar, thus with a significant increase in the rate.

So when Iraq finally is forced to get the currency back on the global exchanges, the speculator and investor factors will drive the increase in the rate. But here is the clincher - the IMF must first significantly raise the value before popping the currency back out to the global exchanges. Why?

If not it could devastate the economy of Iraq as cheap money will cause a surge of flow back into Iraq and it could cause a inflationary situation once again. Too much currency in the cycle. I admit I am no economists and do not want to pretend I know too much in this area but we can all see the value must rise to the assets of the country prior to opening the currency up to the public sector in conjunction with the economy. So what rate is the most probable? We know the rate was around $3.22 prior to the first gulf war. If we add on equity for the additional oil wells, the gold mines and realization of the other diversification efforts we can easily see a $4.20+ rate.

So let’s continue with our analysis of this recent MOU between Iraq and the IMF.

If you are in the MOU and reading namely section C Foreign Exchange Policy you also see some other amazing points of interest I need to bring to your attention. It also mandates and states Iraq “will” do certain tasks in the regards to currency reform for it’s foreign exchange policy. To me this is nothing but a huge amazing “WOW” for me since what they are telling us ties together very nicely with many of these recent laws we have witnessed come into reality over the recent past months. We now have the connection we need to these laws. It is all coming together for us. Do you see it?  Mnt Goat kept saying we needed these laws and so now I have to say “I TOLD YOU SO”…..lol…..lol….

So first condition is (was) to mandate that the Investment law be amended. Investors need to be able to transfer their investment proceeds out of Iraq. How will they do this if they realize profits in dinar in country but can’t  only transfer dollars or other foreign currency out of Iraq without a standard rate. Since Iraq is now a closed economy to the rest of the world what rate would they use for the conversion?

This goes right back to what I just talked about above in the question - how can exporters take their profits out of Iraq if Iraq does not yet have an international recognized currency? I believe this necessary amendment may already be done.

I quote from the article – “As a first step the government will by end of -February 2016 amend the Investment Law or issue clarifying implementing regulations, to  remove the limitation of transfer of investment proceeds that given rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF”.

Next we read about mandated reforms for anti-money laundering and anti-financial terrorism. Wow! Didn’t we witness the implementation by Iraq to meet these mandates by the passing of some recent reform laws too?  Amazing and now we see how these laws all connected to the currency reform process. I hate to say it to all you so called intel “gurus” – BUT THE REFORM LAWS DO MATTER AND WE WILL NOT SEE THE RV UNTIL THE MANDATED LAWS ARE ALL COMPLETED and now you have proof.

Do you all understand now what I have been saying all along for years now is FACTUAL.

NO Hype, NO Rumors, just the FACTS.

Now let us move on to namely section “F. Banking Supervision”.

If you read this section it contains information mandating that Iraq appoint international auditors to conduct  audits of  two out of the three state banks that conduct 89% of the transactions with the outside world for Iraq. Remember Iraq is now a closed economy but must still import 90% of its goods and services as well as export it’s oil. There are other banking practices to that are mandated and I will not review them all here today. But you can read them. I am just trying to make a point. Do you get my point?

Do I have to explain anything more as to why the IMF is doing all this?  They are doing this to review their financial statements to ensure they have sound banking practices since these are the banks that will be conducting the majority of the interface with the WTO and world banks later on. We have witnessed many articles already on these audits and so I believe they are all completed as is much of what they talk about in this section on Banking Supervision. They even come right and tell us this in the MOU.

So what do you think this all in preparation for?

Do I have to spell it our any louder to you…IT IS FOR INTERFACING WITH THE GLOBAL ECONOMY.  Again this all ties into what I talked about before in this news letter DIVERSIFICATION AND OPENING THE IRAQI ECONOMY UP TO THE WORLD’S GLOBAL ECONOMY.

Look at the mandated dates of completion. It is all tying to end of February. Yes – Late February! Do you think this might be important for our analysis of when the RV might occur?

So what dates have I been talking about all along? Late January to early February. So now maybe we must adjust our timeline again to late February to early March? Sorry! To be fair we must adjust based on this recent news we are hearing. But this is also good news because now we see the progress and can understand it. We have never been closer and now see real concrete measures being taken to get this monetary reform done.

It is also note worthy that the CBI has come under a TRUST  with the IMF. What does this mean? This means the IMF is the trustee and can legally dictate policy to the CBI and so if the GOI has any intentions of ever progressing out of the economic mess they are now in, they too must go along with these policies. This was all done in secrecy to enable Iraq to obtain the latest round of loans from the IMF. I say kudos to the IMF and it is about time they took more control in helping Iraq. Ultimately Iraq will succeed and now we can see it will be much sooner than later by this recent action. This new trust also ensures Iraq will pay its debts to the outside world and it actually not only very good for us (and getting our RV) but also for the rest of the investors doing business with Iraq. They must pay their debts.

I want to begin my reporting to you today for currency reform news with something that I have been saying all along will begin to trickle in once we reach mid to late January. So here it is right on time. Sometimes this news is almost predictable and that makes it kind of scary, funny in a way. Let’s hope everything else continues too on the predicted path....lol...lol...

If you read the entire SMP you will see that that the IMF states there are three remaining items for Iraq in the movement to finalization to Article 8 of their currency reform program. I am NOT quoting but summarizing them for you.

#1 – Make settlement payments to Jordan ( not sure what these payments are but I did see an article telling recently some payments were made to Jordan)

#2 – Pay foreign investors for their goods and services. Meaning any money to be taken outside of Iraq for this purpose. Remember the suite against the KRG by the oil companies in the international courts for back payment of owed salaries to oil company employees. In other words the IMF wants all these skeletons in the closet concluded prior to moving to Article 8.

#3 – stabilize the market rate vs the auction rate multiple currency practices (MCP). I talked about this issue above and so we see the IMF needs Iraq to be able to control their currency value by 2%. We know Dr Shabibi was able to do this for 11 months back in 2012 and we know the IMF also approved to the go-ahead with the RV for October of that year. But the MOU does not talk about duration as with Dr Shabibi in 2012 the mandate was for at least 90 days. I personally believe they will not be able to ever accomplish this task and in the long run close will be close enough considering everything else. I also believe that if they can just standardize all the rates to one common rate in all parts of the country they will be hugely successful in this mandate.

Now read the recent article below. This just came out over this past weekend January 16th. The SMP was just approved by the IMF on January 15th 2016. Do you get the connection now with what Iraq is doing vs what mandates they need to satisfy by the IMF?

What has Tamami been telling us all along in the committee findings on the audit conducted on these auctions? Did you read my recent past 10+ news letters? I included multiple articles on thus subject matter. Again I will say I have been told by my CBI contact to watch the currency reform and this is where our attention should be focused right now. Not on Iran and the value of the Rial, or on Maliki or even on fighting ISIS.

Article Begins

THE CENTRAL BANK PLANS TO UNIFY THE EXCHANGE RATE OF THE DOLLAR SOLD IN THE AUCTION AND THE MARKET

BAGHDAD / JD / ..
Revealed to the economic and investment commission in Parliament about the government's determination obliging the Central Bank of the consolidation of the dollar exchange rate in the auction sold the domestic market, likely raising the value of the dollar against the dinar in the shadow of the financial crisis in the country.

He said committee member Rep. Najiba Najib told / JD / that there is an urgent need for the government to reconsider the monetary policy of the country, the fact that there is a real rate of the dinar against the US dollar because of the current dinar price of 1,166 is the same as when it was sold for a barrel of oil for $ 111.

She added that the financial crisis facing the country as a result of the drop in oil prices to unprecedented levels require the lifting of the dollar exchange rate against the dinar and will resort to it the government requiring the central bank in addition to the UNIFICATION OF THE EXCHANGE RATE AT THE CENTRAL BANK AUCTION AND IN THE LOCAL COMMERCIAL MARKET, where the dollar exchange rate at auction Central dinars in 1190, while the market in 1240 dinars.


Article Ends

Update: Fighting ISIS

One more item today:

Let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe their success is in part some of the acceleration of the process we are now witnessing.

Remember too to pray to the princess of peace – Our Blessed Virgin Mary. She has the ear of Christ and she can intercede in heaven and bring us the peace we all desire here on earth. We can not do it alone. I believe that if we all make this our daily prayer you will see change. It is already working even in the short time since I have been publishing this prayer section. It does not matter what religion you believe, if you pray then to your oven beliefs entity it is still the same powers and good for all of mankind. Ultimately it is all the same God anyhow.

“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and Coalition Soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be Victorious against them! We ask that the Victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin!

We pray for the process of the currency reform, the full implementation of  the Iraqi economy to full  international status and the bringing of prosperity and wealth to its people“  Amen!

Till next time…. Auf Wiedersehen!

Peace and Luv To Ya All,
Mnt Goat

DINAR GURUS UPDATE, 18 JAN

1-18-2016   Intel/Newshound Guru Poppy3  things ARE SO GOOD I'M GOING TO PUT MY WHOOPOOW SHIRT ON. GREAT NEWS ALL DAY AND SOUNDS LIKE ALL THE WAY THROUGH TUESDAY WILL BE EXCITING.  ...HEARD LOTS OF VERY POSITIVE THINGS TODAY. EXCUSE THAT I CANT EXPLAIN...  WE ARE LOOKING VERY GOOD. 

1-18-2016   Newshound Guru OOTW
   THE IMF HAS STATED IN THEIR REPORT WHAT IRAQ NEEDS...WE WATCH THE LAWS THEY ADVISE NEED EITHER PASSING OR IMPLEMENTATION AND THE AUCTIONS...  ALTHOUGH - SOME HAVE SPECULATED THAT THEY MAY RELEASE THE VALUE OF THE CURRENCY BEFORE THEY MOVE TO ART 8 (CURRENCY REFORM PRIOR TO ACCEPTING ART 8) AND THEN THEY MAY ADJUST THE RATE AFTER THOSE TWO MOVEMENTS.   IT'S GREAT THAT THE INVESTMENT LAW IS IN THE GAZETTE NOW PRIOR TO THE END OF FEB DEADLINE.   SO---THE WAY THE PARLIAMENT/HOR PASSES LAWS, IS NOW VERY IMPORTANT.

1-18-2016  Newshound Guru Breitling   …Iraq is selling their gold for dinar and that told us how valuable the dinar is.   What are we looking at?  It's advantageous for Iraq to sell their gold for dinar to reduce their note count and buy gold at the same time so they can back up their reserve.  What's the other part?  It's supply times velocity… the competition of the US dollar inside of Iraq.  This is the article that makes me very very happy… [Post 1 of 2 stay tuned for the rest of the story…]

1-18-2016   Intel Guru SteveI    [I know you thought at one time it would be 3+ however Maliki really screwed up that opportunity for his own people.]  Due to the new IMF agreements, it will be close to a 1 to 1 rate. Maybe a bit higher but not much.

1-18-2016   Newshound Guru wmawhite
  The IMF published an announcement to the world outlining specifically what is left for Iraq to complete in order to move to Article 8.  Did the IMF say anything about Iran and its sanction affect the value of the IQD?  Answer: no, they did not.  I do not understand what Iran has to do with what the IMF is already working with Iraq about. The IMF puts out a detailed document about where Iraq is with entering the market place and guess what...it did not said anything about Iran...so what does the price of chickens in Iran have to do with the IQD?

1-18-2016   Newshound Guru OOTW   ...AMNESTY AND NATIONAL RECONCILIATION ARE NOW BEFORE JOBOURI, ABADI, AND MASSUM AND THEIR RESPECTIVE COMMITTEE'S.  ONCE THOSE ARE PASSED THEN THEY WILL TACKLE THE TEXT (REVISIONS OR FORMATION OF) OIL AND GAS LAW.  THE FEDERAL REVENUE SHARING LAW HAS HAD TWO READINGS AND WORKS IN CONJUNCTION WITH THE HCL.  AGAIN... I DO NOT SEE OIL AND GAS A PRECURSOR TO AN "R---V"...HOWEVER, IT'S VERY GOOD TO SHOW COHESION BETWEEN ALL PROVINCES INCL KURDISTAN.  I SURE HOPE THAT THEY SPEED THINGS UP...NEXT SESSION...JAN 19.

BREITLING TIDBIT, 18 JAN

Iraq is selling their gold for dinar and that told us how valuable the dinar is. What are we looking at? It’s advantageous for Iraq to sell their gold for dinar to reduce their note count and buy gold at the same time so they can back up their reserve.

What’s the other part? It’s supply times velocity … the competition of the US dollar inside of Iraq. This is the article that makes me very very happy.

POPPY3 & MILLIONDAY TIDBITS, 18 JAN

Poppy3  HEARING RUMORS UNCONFIRMED BUT THAT IRAN CENTRAL BANK HAS ALREADY ANNOUNCED THEIR RV.

HOPE THEIR NEIGHBOR COUNTRY AND TRADE PARTNER WILL TAKE A HINT AND FOLLOW THEIR ACTION. THIS SHOULD CAUSE UNBALANCE TRADE AND MORE PRESSURE ON IRAQ.

TIME WILL TELL.

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

Millionday   ...SUMMARY...THE INVESTMENT LAW IS PRINTED IN THE GAZETTE.   THE PARLIAMENT SESSION WAS TO BE THE 16TH OF THIS MONTH AND HAS BEEN CHANGED TO THE 19TH.  

LET ME COVER ALL TO BE VOTED ON AT THAT SESSION -- (THIS DOES NOT MEAN THAT ECONOMIC REFORM WILL WAIT FOR THIS SESSION -- WE DO NOT KNOW THE DATE). 

THE PARLIAMENT REFORM VOTE --- THE FEDERAL COURT ACT -- THE AMNESTY LAW -- THE LAWS NEEDED FOR LEGISLATING THE NATIONAL RECONCILIATION CONFERENCE...

ALL OF THESE LAWS ARE SO PLANNED TO BE VOTED THROUGH THAT THE FEDERAL AND KURDISTAN IS MEETING NOW AND HAVE BEEN TO MAKE IT GO AS SMOOTHLY AS POSSIBLE.

HUGE HUGE PROGRESS FOR IRAQ AND THE GLOBE WITH THESE IN PLACE.

MARTHA UPDATE, 18 JAN

Martha - Update on possible time line........overflowing data on the AIIB, some banking history on Iran as well as the continued "clean up" of the financial world.

The key is that a trip by Iraq to New York is taking place THIS TUESDAY to set the value of the dinar. Once that is accomplished then the gates will open for the RV.


  ...it will happen so fast we will be taken by surprise. I can only say that the 20th onward can still be a perfect scenario.
January 20th is the start of the Age of Aquarius, a perfect time to "kick off " a better time for all.   Martha

Let’s Talk RV/GCR and the Great Shift Sunday Night CC Replay 1-17-18 , 18 JAN

Let’s Talk RV/GCR and the Great Shift Sunday Night CC Replay 1-17-18 :
Let’s Talk RV/GCR and the Great Shift with Deb & Sean (Awake-in-3D)

Show #8 Financial Wealth Brings Freedom But Not Liberation From the System…
Let’s Talk Sovereign Freedom!

Replay # +1 641 7153 579 – Access code: 250153:



From Martha - Update on possible time line, 18 JAN

From Martha - Update on possible time line

I suggest that all read Zap and Poof and Susan for in this Sunday's post holds the key to the RV.  IMO

The post is overflowing data on the AIIB, some banking history on Iran as well as the continued "clean up" of the financial world.

The key is that a trip by Iraq to New York is taking place THIS TUESDAY to set the value of the dinar. (Per Zap)

Once that is accomplished then the gates will open for the RV.

As Zap says it will happen so fast we will be taken by surprise.

I can only say that the 20th onward can still be a perfect scenario.

January 20th is the start of the Age of Aquarius, a perfect time to "kick off " a better time for all.   Martha


*****
Excerpt From Zap  Update "Changes" 1-17-16

HI ALL:  THE BIG CLEAN CONTINUES, AND MANY ARRESTS HAVE BEEN MADE NOW BESIDES THE FIRINGS OF BANK STAFF/OFFICERS. THE HSBC BANK IN HONG KONG IS BEING FINED A MULTI BILLION FINE/PENALTY, AND WILL BE PAYING THAT TODAY.

THIS IS SIMILAR TO THE JP MORGAN OR GOLDMAN SACHS FINES OF SOME BILLIONS, WHILE THEY POCKETED MANY MORE BILLIONS. COST OF DOING BUSINESS?

THE CORRUPTION ISSUES IN THE BANKS ARE BEING SYSTEMATICALLY EXPOSED AND ROUTED. THE CLEAN IS PREPARING THE WAY FOR THE RELEASE OF LARGE FUNDS DUE OUT IN VARIOUS STAGES STARTING THIS COMING WEEK.

ALL OTHER RELEASES THAT WERE PREPARED (SOME COMPLETED) OVER THE LAST YEARS WERE PUT ON HOLD UNTIL THIS EVENT OF THE BIG CLEAN.

 OH YES, ON TUESDAY, THE CENTRAL BANK OF IRAQ GUYS WILL BE IN NEW YORK TO HAVE A MEET WITH THE IMF, WORLD BANK, ETC TO SEE IF THEY CAN ALL AGREE ON THE RV PRICE POINT PEG.

IF THEY DO AGREE, WE WILL SEE ANNOUNCEMENTS RIGHT AFTER AND THE SHOW WILL BEGIN. ALL THE OTHER RUMORS THAT THE RV IS DONE,THE HISTORIC ASSETS FINISHED, AND COWS JUMPING OVER MOONS ARE INCORRECT.

WHEN IT HAPPENS, IT WILL HAPPEN SWIFTLY AND BE A SURPRISE TO EVERYBODY.

DEEP SOURCE INTEL, 18 JAN

Deep Source (RV/GCR):

"The Federal Reserve has secretly been dismantled as of last night. Dismantling of the Federal Reserve is expected to be part of the announcements. The Secret Reset Agreement is progressing."

Deep Source (Resistance):

"Economically choked by China and militarily restrained and defeated by Russia -- the reign of the Khazarian's is now at an end. united States Militia activated. New Republic pending announcement following the arrests and trial of USA INC. members. Organic Constitution of the Constitutional Republic of the united States and common law will be restored."

Deep Source (The Alliance):

"No information available at this time."
 
Note from Deep Source(s):

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

TNT CHAT UPDATE BY TEJAS, 18 JAN

Tennwolfman wrote
26s ago

I never post intel unless i get it from different sources and I got this one 3 times last night-that Iraq and Iran were to rv this morning

platinumrunway wrote
14s ago

The billions and millions that were being manipulate and controlled by the greedy got frozen. lights came on, roaches trying to scramble

platinumrunway wrote
moments ago

Walmarts closing stores, arrest being made, funny money is seeing its final days

Mobius wrote
1m ago

BREAKING NEWS : At least two killed in tornadoes near Tampa, Florida -​ http://www.cbsnews.com/news/deadly-tornadoes-rip-through-central-flori​da/

Abby1 wrote
moments ago

Platinum.....Are you agreeing with Art that Iraq and Iran will go together...Today!

platinumrunway wrote
18s ago

Abby somewhat still major piece to puzzle missing before any of that happens.

Tennwolfman wrote
1m ago

today starts the beginning of our lives--nothing will be the same

Tennwolfman wrote
29s ago

Plat and I both have good word that we are progressing fast now

Tndr wrote
1m ago

Plat, do,you think the authors of the plan allowing Iran oil to hit market is because the economy will need more oil once we RV?

platinumrunway wrote
32s ago

Tndr oil is a small part of the picture, without actual money in hand it wont really matter

Abby1 wrote
42s ago

Plat....Can you share what that "Major piece of puzzle" is?....or give us a hint? Thank you.

platinumrunway wrote
25s ago

My advice now would be to think about if this pops now will your plans sustain you for six months

platinumrunway wrote
26s ago

Abby1 pm

Heavenishome wrote
18s ago

I understand that i think Plat from what i have heard the next 6 months have a few things to be prepared for.

bandit wrote
14s ago

platinum==Plans, 6 months ??????

DonnaC wrote
moments ago

Plat...My understanding has always been to not make any major purchases for 6 months. Watch our economy and get our investments in order.

platinumrunway wrote
10s ago

Oh by the way they need to do this asap, rumors have gotten to the teller levels now, people are finding out the truth, wealth managers, bankers, and some tellers have left their jobs and now hold currency.

platinumrunway wrote
11s ago

Guys be wise first six moths, they are expexting us to be careless, especially with taxes.

platinumrunway wrote
moments ago

Tellers are finding out this is real

platinumrunway wrote
30s ago

I know several who have left their banks to have family purchase currency

ktm593 wrote
moments ago

cnn saying obama to speak later this morning

Newcreation wrote
moments ago

"I HAVE A DREAM" MLK...Freedom!!!!!

true4ever wrote
1m ago

Plat so this needs to be done like NOW, right.

platinumrunway wrote
moments ago

true4ever sooner than later

platinumrunway wrote
moments ago

Question how do you stop bad people from holding the the world hostage.....Freeze their accounts, shut down the institutions where they hide their money, block all international banking access

platinumrunway wrote
8m ago

Wolfy progressing is being modest, try head on collision!!!

platinumrunway wrote
moments ago

Here's the game in a nutshell. PTB hold all the game cards, they can change the rules at any point. Also known as cheating, but what if something comes along to level the playing field and allow everyone a chance to play without a last second rule change. That is whats taking place now. No more playing by their unfair rules, daddys home, and his belt is much bigger and thicker.

COdreamer wrote
1m ago

platinum do you still think we are waiting on announcements of any kind?

platinumrunway wrote
35s ago

I doubt we will hear an actual announcement, keep in mind noone is suppposed to know.

Tennwolfman wrote
26s ago

I never post intel unless i get it from different sources and I got this one 3 times last night-that Iraq and Iran were to rv this morning

platinumrunway wrote
14s ago

The billions and millions that were being manipulate and controlled by the greedy got frozen. lights came on, roaches trying to scramble

platinumrunway wrote
moments ago

Walmarts closing stores, arrest being made, funny money is seeing its final days

Mobius wrote
1m ago

BREAKING NEWS : At least two killed in tornadoes near Tampa, Florida -​ http://www.cbsnews.com/news/deadly-tornadoes-rip-through-central-flori​da/

Abby1 wrote
moments ago

Platinum.....Are you agreeing with Art that Iraq and Iran will go together...Today!

platinumrunway wrote
18s ago

Abby somewhat still major piece to puzzle missing before any of that happens.

Tennwolfman wrote
1m ago

today starts the beginning of our lives--nothing will be the same

Tennwolfman wrote
29s ago

Plat and I both have good word that we are progressing fast now

Tndr wrote
1m ago

Plat, do,you think the authors of the plan allowing Iran oil to hit market is because the economy will need more oil once we RV?

platinumrunway wrote
32s ago

Tndr oil is a small part of the picture, without actual money in hand it wont really matter

Abby1 wrote
42s ago

Plat....Can you share what that "Major piece of puzzle" is?....or give us a hint? Thank you.

platinumrunway wrote
25s ago

My advice now would be to think about if this pops now will your plans sustain you for six months

platinumrunway wrote
26s ago

Abby1 pm

Heavenishome wrote
18s ago

I understand that i think Plat from what i have heard the next 6 months have a few things to be prepared for.

bandit wrote
14s ago

platinum==Plans, 6 months ??????

DonnaC wrote
moments ago

Plat...My understanding has always been to not make any major purchases for 6 months. Watch our economy and get our investments in order.

platinumrunway wrote
10s ago

Oh by the way they need to do this asap, rumors have gotten to the teller levels now, people are finding out the truth, wealth managers, bankers, and some tellers have left their jobs and now hold currency.

platinumrunway wrote
11s ago

Guys be wise first six moths, they are expexting us to be careless, especially with taxes.

platinumrunway wrote
moments ago

Tellers are finding out this is real

platinumrunway wrote
30s ago

I know several who have left their banks to have family purchase currency

ktm593 wrote
moments ago

cnn saying obama to speak later this morning

Newcreation wrote
moments ago

"I HAVE A DREAM" MLK...Freedom!!!!!

true4ever wrote
1m ago

Plat so this needs to be done like NOW, right.

platinumrunway wrote
moments ago

true4ever sooner than later

platinumrunway wrote
moments ago

Question how do you stop bad people from holding the the world hostage.....Freeze their accounts, shut down the institutions where they hide their money, block all international banking access

platinumrunway wrote
8m ago

Wolfy progressing is being modest, try head on collision!!!

platinumrunway wrote
moments ago

Here's the game in a nutshell. PTB hold all the game cards, they can change the rules at any point. Also known as cheating, but what if something comes along to level the playing field and allow everyone a chance to play without a last second rule change. That is whats taking place now. No more playing by their unfair rules, daddys home, and his belt is much bigger and thicker.

COdreamer wrote
1m ago

platinum do you still think we are waiting on announcements of any kind?

platinumrunway wrote
35s ago

I doubt we will hear an actual announcement, keep in mind noone is suppposed to know.