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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, February 10, 2016

Landa Global Conference Call 2-10-16, 10 FEB

WSOMN CHAT UPDATE, 10 FEB

WSOMN : 

Crimsontide:  Iko have they stopped exchanging again? banks are quiet

Iko Ward:  As far as I know nothing has actually stopped, we're just on a world wide clock

Brigantine:  seeing what happened with deutsche bank today, I think that clock includes a derivatives meltdown before RV. Have to, or the mess will carry over to new bank system.

Iko Ward:  Brig, I believe going asset backed will wipe out the dirivatives. Economic slight of hand

Scotchie:  Iko, possible for any other currency to go before the dinar????

MacJedi:  Iran might be the only bet before Iraq and that still seems unlikely

Iko Ward:  scotchie, it's possible the Chinese could back the Dong but not likely. Mac, I don;t think they'll let Iran go first...too much room for mischief. Pretty sure it will all go at once because that's the only way that makes any sense.


cotchie:  Thanks, Iko. I heard the Chinese have itchy fingers

MacJedi:  Dong first would be great but I don't think they have the nerve to do it

Scotchie:  Mac, I heard it is possible, with the dinar constantly being delayed.

Tank:  IKO, did you hear anything about the 72 hour window?

Iko Ward:  Tank..yes...tomorrow it ends.

Steph:  Tank, which 72 hr window?

Tank:  Steph, there was a 72 hour window mentioned by Art that the RV would finally occur. No one was sure when the 72 hours started

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

Western States Open Mind Network CC

02/10/16 WING-IT PLAYBACK LINK

http://iTeleseminar.com/80696100

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

TNT CC NOTES, 10 FEB

TNT Call notes 10-February-2016

RayRen:  [TNT Rap]. [audio checks]  Good afternoon, TNT super-fantastic family!  Happy Humpday! Today is Wednesday, February 10, 2016.  We are pushing through the month of February. There is not a lot of new intel.
Iraqi television talks about retake of Mosul. Not all of the cards are loaded yet. Are there going to be some people saying that it is not happening in their neighborhood?  Yes.  It is limited in its distribution.  What is the delay or why has it not popped out?  It might not be a delay. I don't know.
With our US banks, it is like they've gone underground or folded up their tents. They are not talking.  I don't know what came of the meeting some of the US banks had on Monday. Some may even deny they had a meeting.  That doesn't matter. We are still waiting. I am still, “any time any day”.  Some are pushing their predictions to Friday.
So, that is the end of the intel for those who only come here for that purpose. Have a good day.
Items 4 and 5 you know about.  As for Items2  and 3, the bank memos about this coming out between now and a specific date, we are still in that window.  The date hasn’t come yet.  Apparently no one can get access to those memos as no one knows the specific date.
Item 1, the one that isn’t time-sensitive – well, I’m surprised no one has brought that out. 
Q:  Many are thinking “what the heck?!”  Especially when the banks are scratching their heads because they cannot call us in to exchange.  I thought the banks were in control to release this?  If not, what is happening when they get called back?  I would guess you don’t know, but what do you speculate?  A:  You’re right, I do not know.  We heard a while back that the banks had the authorization to go forward if they wanted to do something – that doesn’t mean the banks will push the full RV.  Has the UST given the go-ahead? To my knowledge, they have.
Q:  When we talk about the new rate on the cards, what does that mean?  If the cards have the higher rate, do they have fewer dinars on them?  A:  If the cards have new rate of $34.1, but the country hasn’t officially changed the currency, I would think the cards would have a higher number.  If I’m wrong, I’m sure someone will jump in and correct me, so the bottom line is that we’ll get an answer one way or the other.
Q:  Do you have an confirmation that Maliki has been arrested?  {No, I don’t.] If so, does that confirm this RV process is happening?  It’s clearly in flow – did the events of last week bring that to an end?  Do any laws still need to be passed?  A: Iraq has passed all laws.  We are in the flow, and still in the window?  I am not hearing anything beyond the end of February.
Q:  We have been told to say ‘exchange’ rather than ‘cash out’.  As consumers do not ‘exchange’ currency.  Will it make a difference if we exchange vs. cash out?  A:  Actually we do in some cases.  In the initial training, several years ago, bankers were told that if we say ‘exchange’ they should handle us one way and if we say “cash out”, to treat us another way.  We heard that and adapted to it.  It’s not that big an issue, though.  If you go in and say exchange and nothing happens, and if you say ‘cash in’ and nothing happens, what difference does it make either way, from the banking exchange concept.  It doesn’t cost any money to say either one, but on the off-change that IF we are right and you wind up losing something in the process, where do you think you’d rather be then?  Will you think, “I should have said what TNT told me”?  The thought process goes deeper for the bank.  Saying what we told you say won’t hurt anyway, although saying what others tell you to say might make a difference that would be better for you.  If there is the slightest chance it makes a difference, which side would you rather be on?  If it doesn’t make a difference, you are still good.  If it does make a difference, why fight over it? It is not costing you money, time or your reputation to do that – better safe than sorry.  As far as I’m concerned, I’m changing this currency;  they can say ‘buy or sell’ all they want to, but that is because of the fee.  I will say exchange when I go to the bank.
Q:  Will the Iraqis who have several IQD notes stashed away, will they make as much as we do in the US?  A:  If they have a million dinar and can exchange at $3+, then yes, If they can afford to do that, why not?  Most of them cannot afford to do that, even with a million dinar costing $900.
Q:  Thanks for your tireless efforts.  Are the memos about the banks being ready ‘a unique feature’?  According to our archives, the banks have been notified for the last couple of years, to the point where some have pulled out.  A:  Depends on what you mean by a unique feature.  That banks have been notified before, and they have spent money on training staff and setting things up.  One bank did pull back and say “we’re not doing this again until it really comes”.  Yes, they have been told “this is happening” and then someone pulled the plug or it didn’t happen for some other reason.  Several times it seems to have been connected with finding criminals.  False info has been given to us regarding RV dates in the past.  So we don’t have an answer to that, but some banks have received memos saying ‘start first thing in the morning’. 
[technical issue]  I cannot take callers for the moment. 
Q:  Did Abadi make his statement yesterday?  A:  Yes, he did, and you can draw your own conclusions based on the article of that speech.
Q:  You have said that the RV has not passed the ‘final date’ on the memos. I must conclude there is such a date or you would not have the information to make that statement. Would you please let us know the date?  A:  Yes, there is a date and No, I will not tell you what it is.  Let the other intel-gatherers tell you if they want to.  It’s not important anyway – we are in an ‘any day, any time’ window until this happen. I’m not giving you a date and then if it passes that time, you will start having fits.  There was a date on the memo, we are still in the window and that should be good enough for now.
Q:  If you only have one child, is it still wise to look at foundations, or enough to have her be POD on my accounts?  A:  Foundations are still the best way forward for your portfolio.  You are missing something big;  look into it.
Q:  Is there any ‘new news’ for Canadians?  A:  Just go to the banks when they are ready.  I have a couple of Canadians who are trying to exchange and are waiting for this to go through.  That leads me to conclude there will be no problems when this is in effect.
Q:  There are twenty people that I have gifted to, and I’m worried that the banks will offer them way lower rates.  How concerned should I be?  Is there anything I can do to prevent them?  A:  Educate them!
Q:  If I were to pay someone’s hospital bill, will that count as income for them?   A:  I don’t think so.  Call 800-829-1040 and ask the IRS.  Go to the source.
Q:  Who notifies the banks that the RV is here?  A:  I don’t know, possibly the UST.
Q:  [Didn’t catch the question]  A:  The issue is what they plan to do with the money. If you are going to pay something off, or just go shopping, you need to calculate the losses. The biggest loss is the one that most don’t know about or how to calculate – the lost opportunity loss.  Would you go in and get two million dollars today if you would get 30 million next week?  Those in the office decided that they didn’t like that deal, that it was a lot of money to turn their back on for a short wait longer.  You have to decide.  They made a decision to pass on two million now to get 30 million later.
Q:  What is the process that is underway?  A:  People turned down 47 cents for dong;  that tells us something is in process.
941 caller:  Where did you get that 47 cents from?  I need to get a little bit, not much at 47 cents, but I would do it for a little.
RayRen:  That is what they were offered at that bank.  It’s a new day.
909 caller:  I have a three-part question.  A year ago, you and the team were seeing minutes from classified meetings, etc., that were making these decisions and exchanges were being done.  You said that if it became necessary they would be used to protect “we the people”.  Do you still have that hard intel, and is the team willing to use it for our protection?  Also, we heard that two bankers in Texas were arrested for doing early exchanges, as ‘trade violations’.
RayRen:  Do you KNOW those arrests took place for that reason?  Unless it’s factual, I don’t have any grounds to address it.  Arrests for that reason would have a record somewhere with the grounds for the arrest.  That would be easy to find out and prove if it is the case.
409 caller:  [Appreciation]  All we can do is wait.  It’s the real deal and it’s going to happen. I  have a few sources myself, and everything if going to be okay.  I’m no longer getting the texts;  can you give us the information to sign up again, please? 
RayRen:  Send a text message to 40404, reading “Follow @THE_TNT_TEAM”  and hit send. You should get a response almost immediately.
Caller:  Thanks, I will do that.  Again, we really appreciate all that you do.  This is not about us, it’s a worldwide event, and there is so much that is going to happen beyond this RV.  It will change the way the world operates.  We have a lot to look forward, and I hope we will all help others and help make changes around the world.  I hope we will meet in Las Vegas and set our energy for peace and prosperity across the globe.
865 / 404 caller:   The news you gave earlier, that everything is done (laws and such)… have the laws been printed in the Gazette?  I thought Iraq required that.
RayRen:  I don’t that it’s a step that needs to take place.  My sources indicate the laws have been completed and everything has been done.
Caller:  Another rumor is that the governor of the CBI was appointed by Maliki and that we need Shabibi back in place.
RayRen:  If that were a real factor, that one person had to be in a particular office, I think we would have been told.  Then we could have addressed it.  Iraq is saying that everything that needs to be done has been done.  We can only go on the information they give out, and they are saying ‘we are done, we are done”.  That is the info that comes out so this is what we give you.
Caller:  Street demonstrations? 
RayRen:  They don’t give details and I don’t ask. I t doesn’t make any difference to me, because we still don’t have an RV.  In general, they are staying there are demonstrations.
Caller:  It sounds like you are saying that if doesn’t happen today it will be very soon.  [Appreciation]  Vegas, Vegas, Vegas!
Next caller:  Could the dong happen before dinar?  It felt like you were saying that last week.
RayRen:  I said to keep an eye on the dong, and look, some were offered 47 cents, which is more than we paid for the dong.  The dong will happen along with the dinar in the RV. I just didn’t want you to be blindsided by not seeing something coming.
951 caller;  What’s the replay number for this call?
RayRen:  Go to www.tntsuperfantastic.com and you’ll find it there.
Caller:  In your heart of hearts, do you think we will see this before the end of February?
RayRen:  The information the banks are getting here and also in Iraq, they are saying that we are not getting out of February.  That projection could change in a quick minute, but that’s what I’m getting and what I’m passing on to you.
501 caller:  I was talking to someone I know at the Fed, and he thinks this RV is a scam. The rumor is that President Obama will not allow anything good to come through reflecting on President Bush, and also that he is not going to let anyone like us to have money that might end up funding the Republican party. 
RayRen:  Well, we all have our own opinions.  This is not the call to discuss politics.
Next caller:  I’ve talked with my tax attorney who has researched this tax business, and…
RayRen:  Do you believe him?  If you do, why are you bringing it on the call?  If you believe what he told you, I’m not going to say anything against it.
Caller:  In his opinion, this will be taxed as ordinary income rather than capital gains.  I think it’s one more thing our members should be aware of.
RayRen:  Okay, we have other members whose professionals are telling them other things.
Caller:  Everyone should make a contribution because there is considerable expense involved in running these calls.
RayRen:  They will do whatever they choose to do if this information is helpful to them.  When the well runs dry, we will shut this down and say, “We had a good run!”
Next caller:  [Appreciation]  We went to our local bank last Friday and a new guy there sat down with us in a friendly way.  We asked about dong and dinar, and he pulled out all this paperwork from his recent training, with handwritten notes, etc.  He is learning how to get to all the currencies.  He said the dinar is not tradable yet, and the dong might be a little while, but not as long as some might think.  We’re isolated here in the mountains, and it was so encouraging to talk to someone who knew about the dinar and dong. Keep up the good work, and Vegas, Vegas, Vegas!
RayRen:  I wish we could have all the answers all the time, but that is not the kind of program we have.  We give you what we are hearing from Iraq, on many different levels, and also information we can acquire in the US.  We cannot make anything happen, we can only tell you what we hear, confirm what we can, and share it with you.  For those for whom this is not good enough, I don’t know what to tell you.  I will give you information that we get and pass it along. We may get misinformation. It has happened in the past. We try to make it as factual as possible. As we get closer and closer to the event everyone has levels of tension and frustration. We try to make sure that what we tell you is factual;  otherwise we would be promising things we don’t know.  That is the best you can get short of promises tht might not materialize.  We don’t always get the specifics.  No one is being paid, regardless of rumors on the internet.  This is about more than the RV, and we give you that as we get along so that you will not be like the lottery winners who have money for a little while and then it left you.  We will continue until it’s with us, until there is no longer a need.  I hope we can get through this week without asking for donations.  Some say that it doesn’t cost much to host a phone call, but you should try setting up free calls three times a week for 20,000 people.  Whether we donate any amount, we appreciate the thought, effort, and support to keep this going.
We hope there will be one last call, and if it’s not here by Friday, we will be here with more intel.  The banks are being very tight-lipped and quiet, which is exciting in itself.  I am in a happy place and looking forward to this any day, hour or minute.  Enjoy this update.  If there is a need to come back between now and Friday, I am happy to do that.  In the mean-time, hang in there.  Have a good day, and we will come back together whenever needed.

TNT : YADA & TK TIDBITS, 10 FEB

TNT : 
Yada: We are still within the memos date, the fund to finance the RV is at our local banks, the banks are expecting it any moment,,gov agencies also expecting it any moment,,,
TK:  All I can say is my pb still says administrative hold, so that's how I take it.

WSOMN CHAT UPDATE, 10 FEB

WSOMN

Ironhorse13:  The Quieter it gets the closer we are IMO…. Once again the Marine traffic has been blocked from sight in the northern Persian Gulf region. It was visible for a few days last week. Unable to see any Cargo ships in that area.

miracleman :  hot right now till monday 15th...ask art for BACKWALL hate word..feb 29...just got news after call, 48 hour notice from Humanitarian Groups...

DYoungdc:  Morning all are the markets still crashing Japan was when I why to sleep

CODreamer: DYOUNGDC  http://money.cnn.com/data/world_markets/asia/   LOOKS LIKE THEY CLOSED DOWN

CODreamer:  DYOUNGDC I THINK IT'S PART OF THE RESETTING OF THE WORLD, IMO


Beamer:  http://www.zerohedge.com/news/2016-02-09/economics-professor-negative-​interest-rates-aimed-driving-small-banks-out-business-a

DinarDiva:  good catch from drivingncrying final push
http://www3.irna.ir/en/News/81957335/
 
WolfEyes:  Big Shout out to IMPERIUM for posting link to Ben Fulford interview at Veterans Today-- a VERY powerful souce by former Military/Intelligence vets who say what no one dares.  http://www.veteranstoday.com/2016/02/09/short-end-of-the-stick-with-mi​ke-harris-benjamin-fulford-is-the-guest/

Imperium:  PAY PARTICULAR ATTENTION BEGINNING AT THE 35:00 MIN MARK….. AT 35:00 FULFORD ANSWERS THE QUESTION ABOUT "WHO" IS BEHIND THIS OLD GUARD THAT'S BEEN HYJACKING THE PLANET

Drivingandcrying:  Ok BIG NEWS translated for me just now.http://www.cbi.iq/documents/Announcem10-2-2016.pdf In short version the CBI pulled the license from the company that sends money out to dealers.

TNT : TONY'S CLIFF NOTES, 10 FEB

    • sunny said
      10:23 AM Feb 10, 2016
    Highlights of TNT conference call.  Updated as the call progresses.
    Ray: Don't have a lot of new intel to share with you.  going to do a review.
    TV talked about retake of Mosul; cards not 100% issued and funded.  
    From Monday banks here in the US, would think, they had gone underground and folded up their tents.  No results from their Monday meeting.  Some would even deny they had a meeting.
    CURRENT WINDOW:   Ray:  I'm still any minute, any day.  Have heard some information that wants to push it over to Friday.  Have not reached the memo specific date. . . Thought others would've told you about that. At least date and rate. All they have to do is use their sources and say whats on memo. Surprised that hasn't come out as that will be a biggy to some of you.
    MEMO:  Ray:  It's not a final date.  It's a time slot. . .It's not important anyway.  We are in an any day, any time window until it happens.  It says between now and such and such date.  When that date comes and goes we'll still be in the window.
    BACK WALL DATE:  Ray:  I'm not hearing anything beyond February.  I only know what we are getting from Iraq,what the information says, is we are not getting out of February.
    IRAQ:    No confirmation that Maliki has been arrested. Ray has been told all the laws are completed and everything done. Ray: Iraq is saying all is done that needs to be done. . .we can only go by info that they give out. . .PM Abadhi made a speech yesterday.  It's out for people to read.
    • Cards:  Not everyone has received and not all are funded yet.  Some will say they have the card and some will say they don't. 
    • Banks 
    • Demonstrations taking place in the streets.
    INTERNATIONAL:    
    • IMF    
    • Rates    
    UNITED STATES:     
    • UST:  Ray does not have any knowledge or information the US Treasury has given a "go."  
    • Bank Exchanges:   Ray: That to me is green light for them to do something.  Doesn't mean banks will push full RV.
    • Banks have gone quiet.  Ray said it would seem they folded up their tents.         
    • Packages: 
    Bank Story:
    Q & A:
    Q - Does paying someone's bills qualify for taxes as income to them?  Ray:  Call the IRS and they can tell you if that would be taxed.
    Those who rejected the offers last week?  Ray:   Some of you would do that. For those folks who rejected the offer it wasn't worth it to take $3 million today vs $30 million tomorrow.
    EXCHANGING:    Ray:  We received information along time ago for exchanging.  If they say, "exchange," it was to be handled one way and if said, "cashing in," handled another way.  We were never fully told how that would be.  I'm going to say "exchange" and I'm going to mean exchange.  As far as I'm concerned I'm exchanging this currency.  If it doesn't make a difference I haven't lost a thing.
    Arrested Texas Bankers for early exchanges (story in TNT Forum):  Ray: I've read what it's supposedly for. I don't know what they were charged with.
    The news earlier that everything is done, all laws and the like.  Printed in the Gazette?  Final remaining step?  Ray:  Don't know that that is a step that needs to take place.  Indicated all the laws are completed and everything done.
    What are sources saying refer street demonstrations?  How wide spread and violent are they?                       Ray:  Nobody's been giving that information.
    Callers tax attorney says the RV is going to be taxed as ordinary income rather than capital gains.                   Ray:  We have other members, professionals, telling them a bit different.
    To receive TNT text messages:  Send to # 40404 this message exactly: follow @THE_TNT_TEAM
    RAY’S CLOSING STATEMENT:
    Wish we could have all of the answers all of the time.  We are not that kind of program.  . . We get information out of Iraq – consumer level and government sources.  We get information here.  (same sources).
    We make every effort to get information.  For those that is not good enough, that is the best we get.  Here is what we are hearing and what they will allow us to hear.
    In some cases we get mis-information intentionally.  We make effort to see it is as factual as can be.  As we get closer and closer, frustration gets higher and higher.  Intel folks too.
    Sometimes the best thing is to say, “Thank you for the information” instead of saying, “I need more.”  No one is on the payroll.  No one is being paid for the information.  No one is being compensated for anything.  It is what it is.  If it’s good enough for you you’ll continue to be around and be part of the solution not the problem.  Continue to be around until it’s all said and done.
    We bring the information to you as best we can so when we get on the other side you won’t be one of those lottery winners or “toothless crackhead.”
    We’re what we can until there is no longer a need to do that.  Wanted to get through this week so no longer need funding or phone line.  Think it doesn’t cost that much, why don’t you contact one of these companies and see what it costs to set this up for a week.
    Otherwise, whatever you donate we appreciate it.  Thinking one more call.  If it doesn’t come on Friday, then we will reconvene to up date you – here is what we are doing; what we are expecting.
    If that “Last call” does not show up between now and Friday, we’ll be here. 
    I’m still excited because banks are so quiet the last few days.  I’m still in the happy place:  Any minute, any hour, any day.
    I told you earlier.  (sound lostIf need to come back – (too low to hear but he will be back)   You guys have a good day.  Thank you everyone.

BGG CHAT UPDATE, 10 FEB

Excerpts & Highlights

Dinar Updates BGG News Time  2-9-16   Part 1 of 2


 
BGG: OK - Rcookie (and any other News Personnel) are going to help out tonite.
 
BGG: This maybe more of a "News / Dinar info free-for-all"
 
BGG: I wasn't exactly prepared for tonite - but I guess the main thing I would want to mention - before anything else... aside from all the "goofy intel" (none of which has EVER BEEN ACCURATE)...
 
BGG: as I read the news out of Iraq - it plainly lines up (over and over) with what we have been saying AND it generally points to some major economic event in the future.


BGG: Numerous article... some vague - some pointed are all saying the same thing. Iraq is in dire straights (or was) for a solution.
 
BGG: For instance - this one...
 
BGG: Abadi: we crossed the country from imminent collapse following a drop in oil prices
 
BGG: He stressed Prime Minister Haider al-Abadi, on Tuesday evening, that his government was able to "transit" country of the "collapse" of an imminent economic result of the sharp decline in oil prices during the year and a half last year.
 
BGG: Ebadi said in a televised speech: "We were able to cross the country and keep it from imminent economic collapse after the sharp decline in oil prices during the year and a half," noting that "since the honored responsibility and put key reform targets, and it was our ambition to unite all political efforts with us , but that did not materialize. "
 
BGG: He revealed Abadi for "the completion of the preparation of a comprehensive study of the structure of the ministries," pointing out that "extra episodes will be canceled in order to state GOES real work."
 
BGG: It is noteworthy that Iraq is going through an economic crisis because of lower oil prices, Anvaqath in the war against al "Daash", as he emphasized Abadi, on more than one occasion, that Iraq will emerge from the financial crisis in stronger...
 
BGG: Can anyone tell me what event he's talking about that has saved them???
 
larrykn: rv
 
sassy: monetary reform
 
jackflash101st: selling the bonds???
 
poppy3: promised new rate to WB to insure a loan. poppy3
 
Imperator: the IMF
 
jimplants: HIS ELECTION AND THE CANNING OF MALIKI
 
BGG: Ha Ha Ha - all good comments. I'm just asking - it's pretty public...
BGG: I've been saying all along... they need a solution...
BGG: now they are admitting they need a solution.
 
ann4: plus tariffs, loans,
 
BGG: we know - they know - now they know we know...
 
Imperator: poppy3 i think is referring to that memorandum of understanding between the IMF AND THE CBI which is really important
 
BGG ann4: Tariffs won't cut it - neither will any of the loans... THEY NEED 100 BILLION (for starters)...
 
BGG: they could collect 1000% of their incoming tariffs FOR THE NEXT 10 YEARS and NOT COVER THIS.
 
BGG: who in their right mind would loan IRAQ 100 Billion (USD) for their 2016 BUDGET DEFICIT...
 
BGG: basically - Oops - we spent too much money, we need a loan until next year.
 
BGG: NONE OF THAT WILL HAPPEN. I said this last time - when all the stink was being made about loans.
 
BGG: one thing you can be assured of - since the IMF is now in a direct advisory capacity - they will succeed.
 
BGG: Could you imagine - IMF takes over - Iraq fails immediately...
 
BGG: how would that play for the IMF's future??
 
BGG: Rcookie - you have some thoughts for us??
 
rcookie: NOBODY TALKNG ABOUT NATIONAL OIL COMPANY LAUNCH PLANS IN ECONOMIC SYMPOSIUM YESTERDAY HOSTED BY OIL MINISTER ABDUL MAHDI...

WITH GROUP OF OIL EXPERTS AND ECONOMISTS...AND THE ROLE AS ALTERNATIVE TO DISPERSION IN THE OIL INDUSTRY NOW...
 
MEANING REFORM DIFFERENCES LIKE...NATIONAL SOVEREIGNTY...ECONOMIC DEVELOPMENT...SERVICE CONTRACT REWRITES...ECONOMIC OPENESS...
 
AND OUTLINES THE IRAQI ECONOMY OPERATING IN 4 STAGES....AGRICULTURE...OIL...WAR..AND WHAT IS TO COME....
 
rcookie: THIS IS THE VEHICLE THAT IS GOING TO GET OIL SHARES TO CITIZENS...
 
rcookie: Oil Minister calls for the restoration of the national oil company
60 Show Last update: Monday, February 8, 2016 - 11:01
Oil Minister calls for the restoration of the national oil company
 
It called for an economic seminar to the need to return to the national oil company as a managerial alternative to dispersion found in the structure of the oil industry and solving optimal at the present time, coinciding with the economic crisis faced by the country,
 
as well as to utilize them in building the foundation for the reform of the oil sector and overall economic development. This came in a symposium organized by the progress of the development policies of the Institute, and attended the »morning» under the title 


Rcookie: pointing out that «China does not hold the Ministry of Oil, and runs Wealth oil which - a fifth oil producer in the world are companies », indicating that« the public domain differ from state ownership, since it is possible that the first be the king of the group and rumored to regulate the property through an internal mechanism ».uarj
 
Abdul-Mahdi, that« the Iraqi economy navigate between the four stages of the first was the agricultural nature of the almost full, where most of Iraq's population live in the countryside, and minority live in cities, and the agricultural life dominant, then began to rely on the oil pattern, where he became the country depends on oil, then began the stage of the war economy, which consumed oil and
 
Read More : http://www.dinarupdates.com/showthread.php?29715-Oil-Minister-calls-for-the-restoration-of-the-national-oil-company-2-9
 
rcookie: THIS IS HUGE AND RESOLVES MANY OF THE PROBLEMS THEY HAVE WITH LICENSING CONTRACTS...AND PUT THE DEALING WITH DIVERSE ENTITIES...
 
larrykn: Rcookie you said one of the things that needed to get done was the financial management law, has that been completed yet
 
rcookie: THINK ABOUT THE NATIONAL OIL COMPANY RELATIVE TO THE REPORT TODAY OF THE 36 SEPARATE BANKS PROCESSING OIL REVENUES FOR KURDS....
 
rcookie: YES POSTED COPY OF IT THIS MORNING...ALONG WITH IFMIS...TSA...PIM..
 
rcookie: THE NEWS AS TO WHERE THEY ARE AGAINST IMF LOI/MEFP/TECH MOU MANDATES IS ASTONISHING...
 
rcookie: POSTED ALL OF THE WORLD BANK LINKS AND DOCUMENTS...
rcookie: ITS ALL IN CHAT..

BRUCE TIDBITS, 10 FEB

Waiting for great blessing, can’t be too far away from it as I understand. Things are happening very much behind the scenes, looking for completion of this very soon.

Everything we are hearing is moving this things along nicely, not much longer to wait. I am very encouraged what I have heard.

Highlights from The Big Call 2-9-16, 10 FEB

Highlights  from The Big Call 2-9-16

PinkRoses:  Bruce call: Bruce: Hope all are well, waiting for great blessing, cant be too far away from it as I understand.

Bruce call: Praying call in

Bruce call: Things are happening very much behind the scenes, looking for completion of this very soon. EVerything we are hearing is moving this things along nicely, not much longer to wait.

Bruce: Intel: I am very encouraged what I have heard. Its been very quiet today, which is a good thing.
 
Bruce: Short Q and A

Bruce call: Cant get Q and A.-Technical problems….. Bruce: lets call it a night. Not much out there can talk about.

EVerything very sensitive. Disappointed not have it today, tonight not over yet. Give it some thought, stay patient and you will be reward by that. Cutting the call short.

Bruce call: Kent praying call out

WSOMN CHAT UPDATE, 10 FEB

WSOMN:

Mick5150:  China wants this done by the end of the month

The cabal is done and no one is holding this up

I am very limited to what I can say...my source is directly involved in this

China will have this done by the end of the month if they have to do it themselves

Blaze :MICK so is this info "recent" like today.. thought we were told it needed to be done before TPP and before Chinese New Year...thnaks

Mick5150:  there was a problem with the governor of cbi

I'm still looking by the weekend ....... You guy start reviewing what you need to do for the exchange and all have a great night

Thanks all if I get any updates l will let you know…. be ready for a moments notice

KTFA CHAT UPDATE WITH BACKDOC, 10 FEB

KTFA:

BACKDOC:  GOOD EVENING FAMILY!

THIS IS BUT ONE OF MANY ARTICLES THAT SEEM TO BE SURFACING ON THE FINANCIAL STAGE THIS WEEK. WITH ALL THAT I'VE READ I FEEL THERE IS SOMETHING BIG ABOUT TO HAPPEN SOON!

WHEN GOLDMAN SACHS SAYS THEY ARE DOING A U-TURN ON THEIR TOP 5 INVESTMENTS FOR THE YEAR SOMETHING IS WRONG! WHAT IS GOING ON THIS WEEK? MMMM

TODAY THE NARRATIVE CONTINUES ON OIL DE-PEGGING FROM THE DOLLAR!

TODAY THE MARKET GOES DOWN WHILE OIL GETS KILLED!

SEEMS TO MEAN SOMETHING HAS NOW HAPPENED TO BREAK OIL FROM THE DOLLAR THAT THEY STARTED TEACHING THE WORLD LAST WEDNESDAY!


WE WERE LISTENING!

WE KNOW THAT CHINA IS DOWN FOR THIS WHOLE WEEK AS THEY BEGIN THEIR NEW YEAR. WITH DISCUSSION SO LONG ABOUT THEM DEVALUING THEIR CURRENCY AND TALK OF THEM DE-PEGGING FROM THE DOLLAR,

I AM VERY ANXIOUS TO SEE WHETHER A SERIOUS MARKET MOVING EVENT WILL HAPPEN WHEN CHINA RETURNS TO ACTION IN ITS MARKETS!

IF THEY DO DE-PEG IT WILL CONTRIBUTE TO THIS DEPEG PROCESS BUT THE LINCHPIN IS SAUDI ARABIA!

IF THEY DE-PEG THE NARRATIVE WOULD BE COMPLETE. S.A. CAN'T JUST WAIT AROUND NOT TRADING THEIR CURRENCY FOR EVER. WERE THEY WAITING FOR THIS WEEK FOR CHINA TO BE OFF A WEEK?

CAN YOU IMAGINE IRAN HAVING A CURRENCY COMPATIBLE WITH IRAQ AND KUWAIT AND S.A. BEING PEGGED TO A FAILING DE-DOLLARIZING DOLLAR?

NOPE!

THE GOLDEN TRIANGLE (CHINA, RUSSIA, IRAN), ALONE WILL PUT A SERIOUS HURT ON THE DOLLAR!

I SAY SOMETHING IS GOING ON BEHIND OZ'S CURTAIN THIS WEEK! I CAN'T BELIEVE HE DIDN'T INVITE ME THIS TIME! I'M OFFENDED! HEE HEE

8@8, DOC    IMO

Thunderhawk:  Backdoc Alert

Goldman: Systemic risks for markets are 'stirring'

Fears of another liquidity shock in the European banking system have gripped the markets this week, with the price of insurance for European bank debt ballooning as market confidence in the region's lenders fades rapidly.

Credit markets are "clearly taking note of the systemic risk", but European banks' access to capital and the short-term funding pressures they are tackling are "far less critical" than what lenders faced during the European sovereign debt crisis seven years ago, Goldman Sachs analysts said on Tuesday.

"We understand why markets might worry. Following the global financial crisis, European banks did not de-lever by nearly as much as U.S. banks. Moreover, to meet rising capital requirements, many European banks were planning to rely on retained earnings," said head of global credit strategy at Goldman Charles Himmelberg, in a note to clients on Tuesday.

Bank share prices have faced a dreadful start to the year, with major lenders on both sides of the Atlantic seeing average falls of around 25 percent.

Deutsche Bank and Unicredit shares are both down around 40 percent this year, after fears about the banks' capability of meeting their liabilities to investors.

"Credit markets are clearly taking note of the systemic risk, and it is certainly unwise to minimize such risks since systemic fears, once in place, can be self-fulfilling and difficult to reverse," Himmelberg added.

"But we see many offsetting considerations. For one, the 'capital-raising' pressures currently facing European banks are far less critical than the short-term funding pressures faced during the European sovereign crisis. European banks have ample access to short-term liquidity via balance sheet liquidity, money markets, deposits, and European Central Bank backstop facilities such as the Long Term Refnincing Operation (LTRO), Targeted-LTRO, Emergency Liquidity Assistance (ELA)," Himmelberg said .

Deutsche Bank co-CEO John Cryan rushed Tuesday to reassure investors and staff on the bank's stability, saying that the lender remained "absolutely rock-solid" and that he did not share the market's concern over the adequacy of its balance sheet.

Deutsche Bank had already stressed Monday that it had "sufficient" reserves to service its so-called tier 1 debts, or its most junior bonds

But this did not stop the cost of insuring the debt of Deutsche Bank by using credit default swaps (CDS) from spiking, widening further than at any point during the financial crisis in 2008.

While elevated, financial credit spreads are also "far from distressed levels", but "the re-introduction of systemic risk premia would materially erode the outlook for credit," Himmelberg added.

Goldman also noted that heightened volatility had forced the bank out of a number of its "Top Trade" recommendations including plays on 5-year Italian and German sovereign bonds and its suggestion to be long, or bet on gains in U.S. banks vs. the S&P 500.

http://www.cnbc.com/2016/02/09/goldman- ... rring.html

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

BACKDOC:  BANKS ARE IN THE KITCHEN AND THEY ARE FEELING THE HEAT!

CHARGING DEPOSITORS INTEREST RATES JUST TO HAVE THEIR MONEY DEPOSITED WILL ONLY LEAD TO DISTRUST OF BANKS AND CREATE STRATEGIES OF WAYS TO HOLD ASSETS OUTSIDE THEIR ARENA!

ONCE IT GETS WORSE THEY WILL START DOING BAILINS NEXT!

OUR JOB SHOULD BE TO STAY SECURITIZED FOR SURE! THE DIINAR YOU HOLD IS JUST THAT! JUST BE SURE YOU KNOW WHERE YOU ARE GOING BEFORE YOU LEAVE!

AN OLD TRADER SAID: " KNOW YOUR EXIT BEFORE YOUR ENTRANCE" OUR EXIT NEEDS SECURITIZED!

DOC   IMO

Thunderhawk:   Backdoc Alert

World's Negative-Yielding Bond Pile Tops $7 Trillion: Chart

More than $7 trillion of government bonds offered yields below zero globally as of Monday, making up about 29 percent of the Bloomberg Global Developed Sovereign Bond Index. The total is poised to swell further after Japan’s 10-year yield went below zero for the first time on record on Tuesday, as central-bank easing policies push borrowing costs to new depths. A negative yield means investors who buy the debt now and hold to maturity will receive less than they paid.

http://www.bloomberg.com/news/articles/ ... lion-chart

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

Mountainman:  PANIC....Is an Understatement.......CHINA has Positioned Themselves w/Others....Than the USD.....That Is.....So Depegging as Doc has Unveiled Mandates this Bank Disarray/PANIC.......But Many can't WAIT for that BASKET to STABILIZE the MARKETS as The Global Playing Field.....Levels Out...IMO.....

In other WORDS the US Dollar Value is VALUELESS w/out A DEMAND for it.....And In order for The NEW GLOBAL REALITY to UNVEIL itself for ALL to Gain from.......The FIAT has to go to the JUNKYARD.....T.H. and PAPPA J say bring Out That SHINY NEW CADILLAC.....They want to SHOW the NEW LEATHER SEATS....LOL...Blessings,Mountainman


BACKDOC:  THE FED MAY JUST HAVE TO RAISE RATES DUE TO THE PICKLE THEY ARE IN! THE BANKS ARE IN TROUBLE AND SO ARE MARKETS!
DOC   IMO

Thunderhawk:  Backdoc Alert

From ZIRP to NIRP: What's the Fed's next move?


Negative interest rates in the U.S. may seem like a far-fetched idea, but the Federal Reserve is telling banks to prepare, just in case.

For the first time ever, the governing agency and U.S. central bank is requiring banks to include, in a round of stress tests commencing this year, to prepare for the possibility of negatively yielding Treasury rates. The scenario is purely hypothetical and not a forecast, according to a Jan. 28 Fed news release . However, the development is part of a larger scenario of a world where zero rates are morphing into negative rates.

This is how beggar-thy-neighbor monetary policies work, and perhaps why they ultimately fail.

One nation mired in an economic slump decides that the best way out is to devalue its currency, cheapening its exports and thus making them more attractive in countries that have higher-yielding currencies and, consequently, more buying power.

Seeing the success that country has, another seeks to emulate. And then another. And another. And another. In order to stay ahead of the game, central banks keep devaluing until there's nothing left, tangibly at least, to devalue, and negative interest rates come into play.

Pretty soon you have nearly a third of all sovereign debt holding negative yields. In turn, what seemed like a powerful tool to stimulate lending and export-led economic growth becomes a toothless tiger that global central banks continue to deploy, the latest being in Japan. Suddenly, zero interest rate policy, or ZIRP, has morphed into negative interest rate policy, or NIRP.

This is no dystopian hypothetical. This is what central banking has become in a global economy beset by meager growth.

Worries are growing that the Federal Reserve soon could bring NIRP to U.S. rates. Japan went to NIRP last week, and the yield on the 10-year Japanese government bond went negative overnight Monday for the first time ever.

"It appears that NIRP is becoming the main policy tool for a number of major central banks as they battle falling inflation, rising currencies and economic weakness," Jeffrey Kleintop, chief global investment strategist at Charles Schwab, said in an analysis. "The effectiveness of slightly negative interest rates is far from assured, and increasingly negative interest rates may not just weigh more heavily on the stock market, but on drivers of economic growth as well."

Indeed, ZIRP seemed to pull stock markets higher, but the spreading of NIRP has coincided with a sharp global equity decline, particularly in financial stocks.

The Fed's chances of going to NIRP seem, at least now, to be slim. Its policymaking arm, the Federal Open Market Committee, just hiked its interest target in December for the first time in nine years, so changing now would seem like a stunning retreat.

Yet several high-ranking officials recently have paid at least lip service to the idea.

In a speech last week, Fed Vice Chair Stanley Fischer said Europe's experiment with negative rates is "working better than I expected," raising speculation that should things deteriorate the U.S. central bank would consider going negative.

Negative rates in the U.S. would begin with the interest paid on excess reserves that banks store at the Fed, a number currently at $2.15 trillion that earns 0.5 percent interest. The idea would be to charge banks to store reserves, making the cost prohibitive to let the money lie fallow there and push it into the broader economy through lending, thus stimulating growth.
It's an idea that works in theory and, for a period, worked in practice for the four European governments that tried it. However, there are problems.

One is that banks would need to make up that lost revenue someplace and instead of lending could amp up fees and rates. Another is that the more countries that join in, the less effective one nation's low or negative interest rates are.

Finally, in a problem that would be especially acute in the U.S., negative rates could send a jolt through the $2.75 trillion money market space and, some fear, lead to a "break the buck" scenario that occurred during the financial crisis when one large money market fund couldn't return par on its investments.

"Things would have to get truly desperate to go to negative rates," Kim Rupert, managing director of global fixed income at Action Economics, said in an interview. "Our money markets are obviously the biggest in the world and have a lot of commitments tied to them and the liquidity for a lot of our economy. Jeopardizing the money markets would be too dramatic an effect for the Fed to consider going in that direction."

Still, the futures market is indicating that if the Fed doesn't move to outright NIRP, the chances for an aggressive rate-hiking policy ahead, as indicated after the December rate rise, are nil.

The CME's FedWatch tool briefly went into a kind of backwardation Monday, indicating a -2 percent chance for a rate hike at the March FOMC meeting (the probability quickly moved back to plus-2 percent). The tool's farthest date, February 2017, indicates just a 15 percent chance of an increase, the implication being no moves in 2016 even though the Fed's "dot plot" of official projections points to four hikes this year.

The actual fed fund futures curve does not indicate a rate rise fully priced in until December 2017.

Michael Darda, chief economist and market strategist at MKM Partners, thinks the Fed would be wise to heed market signals and pay less attention to its models, including the Phillips curve guideline, that indicate a faster tightening cycle. The Fed's moves to end ZIRP and quantitative easing, along with China's decision to peg the yuan to the dollar, "has translated into a tightening world monetary policy" similar to what happened in the 1930s.

"The current risk is that policymakers are overly optimistic about the business cycle carrying on in a way that allows inflation to return to its target," Darda said in a note to clients. "Given the U.S. dollar's reserve currency status and the PBOC's quasi peg, global monetary conditions have tightened sharply, causing world nominal growth expectations to weaken. There are some disturbing parallels to 1937, in our view, that should continue to be monitored closely."

What the Fed will need to weigh ultimately is whether going to NIRP is worth risking its credibility, and whether low or negative rates will have any discernible effect on financial conditions. Bank stocks already are in a bear market, the economy is slowing and damage from the energy sector clearly is seeping into other parts of the economy.

Moving to NIRP now might be regarded as a panic reaction that actually could make things worse.

"I don't think there are high odds that we're going to fall into a recession this year, but what if we did?" said Jim Paulsen chief investment strategist at Wells Capital Management.

"If we went into recession now, when you had a zero short rate effectively and a sub-2 percent 10-year Treasury and a $4 trillion Fed balance sheet to spin out and a debt-to-GDP ratio that's 100 percent on sovereign government debt, I think there would be a fair amount of panic in the cultural mindset because there would be a sense that we went into recession and there's nothing anyone could do about it," he added. "That's a dangerous situation to put yourself in."

http://www.cnbc.com/2016/02/09/from-zir ... -move.html