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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, February 17, 2016

ADAM MONTANA TIDBITS, 17 FEB

I am still impressed and encouraged by Abadi’s very steady and consistent progress with so many things in the GOI…we are still miles and miles ahead of where we were a decade ago. There was a LOT to get done to get this far… We have come a long way, and I’m sure most of you realize that we’re missing one big piece right now. I’ve been harping on it for a while now. You know what it is… HCL.

So the question at this point is “Will the HCL ever happen”? Well, consider one thing…the price of oil. Has the price of oil changed, or are we seeing a major reason for it to? Not really. And I don’t think this is a coincidence, but there’s also been a distinct lack of discussion on the HCL lately as well. When oil starts moving again, then HCL will ramp back up, and that’s what I’m keyed in on right now.

TNT CLIFF NOTES BY SUNNY, 17 FEB

Highlights of TNT conference call.  Updated as the call progresses.
Ray:  No pending!  NO Nothin'.  We are just waiting.  This show is about over!
Ray:  Let me go back to Friday.  It all ties in.  Information is current up to about 30 minutes ago.
Iraq New on Friday:  Cards to be funded between 15th and end of the month.  Dealers license pulled and I commented, “I believe the final phase had begun.”  US banks were saying they were looking for it the first of the week . . .expecting massive activity on Tuesday. . . private exchanges were setup by appointment.
Jump to Monday which will cover weekend activity.  Over across the pond reports came to us excitement between the neighbors. Having a bit of jubilation, if you will, of what was to come between neighboring countries.  Projections of working together and co-existing.  Who are the neighbors? Iraq and Iran.  Iran announced they were in the Swift system effective on Sunday.

RAY'S DOUBLE WHAMMY -

1)  MEMO from weeks ago giving a date said, "currency revaluation between now and FEBRUARY 17th."  Memo said be ready for a rate change between now and the 17th.
2)  ON Monday the 15th a person in Iraq was told by their bank, "70 dinars and 4 fills worth $100.00 USD." That's confirmed with additional info Ray gave out. 
Ray:  There appears to me that there is a rate change. . . they just don’t have permission to show it yet.    
I think it's already fulfilled. When you have 70 dinar and 4 fills equals $100 USD - that's fulfilled as far as I'm concerned.
CURRENT WINDOW:   Ray:  No pending!  NO Nothin'.  We are just waiting.  This show is about over!
                                                              Everything is live on screens.  Just waiting for the OK. 

Ray:  We are just waiting for permission to do it.  DO NOT CALL THE BANKS!!!

Ray:  How's somebody posting cliff notes without me having finished the call? (laughing)

IRAQ:   Ray said he's heard some have cards activated but he did not get that information from his sources and he wants that information confirmed through his sources.
  • CBI:  Nothing official yet about Dr. Shabibi's return to CBI.     
  • Banks 
  • TV              Mosques 
INTERNATIONAL:    
  • Kuwait:  Ray:  The Kuwait situation was private.  They could, pretty much, do what they wanted to.  But this situation . . . millions are watching it and waiting.   
  • Rates    
UNITED STATES:     
  • 800#'s:  Reports of the National Guard will be at the banks.  Ray: We don't need that foolishness. KNOW THE BANKS MONITOR THESE CALLS.  PUTTING  THE BANKS ON NOTICE.  If you guy’s give us the information . . . we anticipate 800#'s but they made decide not to give them to us.  This call is going to take away there excuse, they did not know that is what we wanted. We have so many on TNT, listen to the call, twitter. Between all of us we can get info out to the people to help make sure there is calm orderly processing. We can be instrumental in getting that done. Up to them to take advantage or not.
  • Banks: Ray:  Yesterday, Chase and other banks, WF thinking why not today?  Everything is live on screens just waiting for the  OK.  
  •  
Q & A:  
Q- Why don’t the other sites like TNT?
Ray:  Just jealous?   I don’t know.   We don't just stick our head in the sand and say the RV is happening tomorrow. Your going to hear good factual things you can use.  We are just looking for substance and real information we can do something with.  I'm results driven, oriented. I can’t get results off hype or suppositions.
Q - With items 2 & 3, what sort of issue is there if we go beyond the 17th?  Only hours to go.  Ray:  I think it's already fulfilled. When you have 70 dinar and 4 fills equals $100 USD - that's fulfilled as far as I'm concerned.

Q- Who is the person, committee, country who gives permission to start the RV?  Ray, I really don't know and when asking the banks they only say, "higher up."  I'm assuming it's the UST that gives the banks authority.  . . .IMF would not have authority over US banks.

RAY’S CLOSING STATEMENT:

I want to re-emphasize.  DON'T CALL THE BANKS.  Let’s let nature take it’s course.  If thinks are meant to happen today . . . tomorrow . . . next week, let those things take the natural order.  Be patient.  It’s coming.
We had lot of good information today.  This ride is coming to an end.  I definitively believe that.  Unless, something comes out of left field that I didn’t expect. 
If we have to come back here on Friday, we will.  Enjoy your day.  When are you going to see it Wednesday.  I think I answered that.  Maybe not specifically.  If your at the end of your rope reach out and grab somebody else’s.  Have a great day everyone.  (played “I Believe.”)

TNT CC NOTES, 17 FEB

TNT Call notes 17-February-2016

[TNT Rap]. [audio checks] 
RayRen: I’m in a very benevolent mood, with the exception of the haters. I’d like to politely ask you to hang up and get off the call.  I just don’t want to share information with you. Haters be gone!  If you would be so kind as to disconnect and get off my call…
You know they aren’t going to hang up;  they are like roaches, they just go and hide. 
Good afternoon, TNT super-fantastic family!  Today is Wednesday, February 17, 2016.  Here we are, on When Am I Gonna See It Wednesday – you might have your own answer to that question by the time we finish.  I will start with intel for those who only want that – you can then enjoy the rest of your day.
There is so much information that I’m wondering what to say and how to say it.  I was so busy with calls and info that I couldn’t lay out an agenda.  Let’s go back to Friday, because we didn’t have a  Monday call, and so we had things on Friday through Tuesday, and we missed the opportunity to share with you.  We did tweet a few things to give you a few more  pieces of the puzzle.  Even though one or two little pieces of that puzzle, many of us can now see the overall puzzle, and that is great.
Now, on Friday, the Iraqi news was that the card-holders were told to look for their funding between the 15th and the end of this month – that was their timeframe.  Also, some currency exchanger licenses were pulled by the CBI, and somewhere in there I did say that I believe the final phase has been done.  US banks were looking for this on the first of the week – they said they were expecting this Monday or Tuesday, thereabouts.
On Monday, we saw the activity over the weekend. You didn’t get this because Monday was the holiday.  In Iraq, reports came to us that there was excitement between the neighbors.  Who are the neighbors? Iraq and iran.  They were excited over seeing their blessings “in the coming days”. That was the message on Monday, that they were having some jubilation over what is to come in the coming days.  On Monday the banks were telling us ‘possibly Tuesday’;  emails were going through the bank system for the employees to make ‘procedural plans’ and gearing up for Tuesday.  That’s good and we will be patient and see. Iran also announced it is in the SWIFT system since Sunday, and that ties into the ‘neighbors’ being jubilant.  It’s all coming together.  
On Monday, private exchanges were being set up by the banks in other jurisdictions, but the US banks were not yet willing to move.  We got reports of private exchanges else-where, and I had my best people on it (from the banks and government people) and from both sides I was getting that no exchange activity took place.  If anyone did exchange, I would love to hear about that directly.  At this point, we need really good, solid stuff because many are hanging on by a thread.  Some have fallen off, but we can pull them back up with solid information.  So we are in pursuit of that information.  It’s not that big a deal, but we do want to nail down that information as best we can.  I do believe we are in the final stage, and everything is connected.
Let’s look at Items 1, 2 and 3 for a minute, to tie this together.  Item 1 is not time-dependent and I’m going to give others a chance to bring that out.  Items 2 and 3 were memos to the currency exchanger sin Iraq saying “currency RV expected between now and X date”.  Item 3 said the same thing for US banks, and I got that from someone who actually read that memo, saying the same thing for Iraq currency between now and X date.  I don’t need to see that memo, I am being told that by people who actually read the memo, and the X date is 17-February. 
The whammy is that someone went to the bank in Iraq on Monday the 15th, and the person there told them that 70.04 dinar are now worth $100.  We get our Iraqi information from many sources, so we sat on that on Monday until we could confirm it.  On Tuesday, we got the rest – what I consider the confirmation on that new rate.  If someone in the bank told them that, it was a rate change, fulfilling that memo’s prophecy, as it were. We got that on the 15th, confirmed it on the 16th, and now we are at the 17th.
In the US banks, they are going “We don’t understand why you people aren’t in here;  we have rates live, we see them on the screen, and we’re just waiting for authorization.” Don’t call the banks, they cannot do anything until they have permission. However, it appears to me that this is the rate change before the 17th – they just don’t have permission to play with it yet.  We still don’t know that those are the actual, true rates, although we have been told that if the rate has RV beside it, that is the true rate.  Time will tell.
The lead bank is live across the world, but still doing all it can to limit initial exposure.  We’ve been telling you for two years who the lead bank is, so if you don’t know by now, you shouldn’t be in this game.  I’m being tough, and it’s time to get serious because this show is about over.  I’m taking off the gloves and handling you with adults, because this is the end.  We are giving you the information as we have received it, up to 30 minutes ago.  Anything we get 30 minutes ago, we will check before giving it to you.  I always check it and feel good about it first.
As of yesterday, Chase and WF are saying “why not today?” Everything is live on the screen and they are just waiting for the Okay.  Remember how they clammed up last week and we couldn’t get anything from the banks/  They are talking now!
That’s it;  the rest is something we are trying to nail down now. You got your bang for your buck now!  I’m talking about those who donate, because we don’t charge anyone. There are a few other things but I want to make sure it’s super-reliable before I put it out there.
Q:  Do you still believe we will see this before the end of February?  A:  I do!
Q:  Bitcoin?  A:  I didn’t mention bitcoin on the call;  I did mention www.coinmill.com as a site to check rates that I find is reliable.  There are sites where you can investigate bitcoin – just google it.
Q:  Can you clarify what you meant in the tweet yesterday about ‘banks can see everything’?  A:  That was answered in the opening intel.
Q:  It is more and more apparent that we should be asking about post-RV plans and projects.  Will you keep TNTShowtime together so we can discuss process, professionals and post-RV plans?  A:  No and yes.
Q:  Have the people in Baghdad been paid at the new rate? A:  I received some information I decided NOT to share on this call because there is not enough, yet.  I did get some intel that cards have been activated, by not from my usual sources.  I don’t want to share until my guys tell me and I feel good about it.
Q:  Can you explain the difference between international rate and market rate? A:  I like tha answer given on OM the other night.  international rate is the standard, official rate for that currency.  Market rate is the actual rate being traded, and it goes up and down.  As the market rate increases, that would be the international rate for that currency until it goes back down again. We will learn together on that one.
Q:  Any new information about Iran in this process?  A:  Probably, but I don’t have it apart from their entry into the SWIFT system.
Q:  Have the rate changes been confirmed?  Have you heard anything official about Dr. Shabibi’s re-appointment to the CBI?  A:  Someone in their bank in Iraq said that $100 = 70.04 dinar;  we had some confirmation and we’re waiting for more.
Q:  What do you call the person who looks after an elderly person?  A:  Text me, and if we find that answer we will share it.   Someone texted me “deed for life”.  I’m not sure about that, and it doesn’t sound like a conversation I was part of.  Another says “life estate”.
Q:  Please explain that this intel is from your sources;  they keep asking what your sources are, like they don’t believe what you said!  A:  Some of you come on the call for so long, and get so fixated on their particular question that they don’t realize I’ve already answered that question.  I give them the benefit of the doubt on that.
Q:  Can you tell the difference between information in the past about Items 2 and 3 and what you are telling us today?  A:  February 17th!
Q: Why do the people on the other sites not like TNT? Because we are happy people? 
A:  I don’t know why they don’t like TNT.  We are after the truth, the facts;  we don’t do anything against people, so I don’t know why…  We can even receive negative information if there is substance behind it.  You can come to TNT and say that the RV won’t happen until Jutember 2017. Why?  “I just have a feeling.”  That’s not enough to go on.  If you have something to back it up, people say “thank you for your information”.  If there is substance, there is nothing wrong about making a plan around that idea as well as the idea you subscribe to.  We don’t stick our head in the sand unless you say “it’s happening tomorrow”;  we want good information we can use.  If it’s really not going to happen for six months, then we’ll get onto other projects.  I am results-oriented, and I cannot get results off hype and supposition.  So I ask what we have to work with and we make plans with that.
Q:  If the memos mention only dinar and dong, why do we think the zim will be in the basket? A:  The memo mentioned Iraq and Iran specifically, “and other currencies”.  The said Iran and Iraq because they were blacklisted, which is not the case with dong and zim.  They are now being brought back onboard, that’s my take.
210 caller:  In your reference to the lead bank not seeing authorization to go, and past comments about activity at various banks, have you heard anything about California?  It feels like we are being left out a bit.
RayRen:  I haven’t heard anything in the last couple of weeks apart from a few people who went to exchange but refused the offer. Those were on the East Coast and Midwest.  It could be the West Coast people just don’t want to share.  The last time I heard of bank activity on the West Coast was months ago when the rupiah was bouncing around.
770 / 404 caller:  What is the issue when we are past the 17th?
RayRen:  I think we are already fulfilled!  When you have the 70  dinar = 100 dollars and the bank said that, then this is already fulfilled.  In the banks here, they are showing a different rate on the screen, and we are just waiting on that one element that blocks us from enjoying that exchange now.  We assumed that if the rates changed, we would exchange on it.  The banks have the new rates, they are just waiting for authorization.
Caller:  As an optimist, I see us having a two-hour window before it becomes the 18th in Iraq.
RayRen:  We don’t deal with law of business on a daily basis, and words have different meanings in those arenas.  On the street, we agree on things based on assumptions and common interpretations.  That is not the case in law – the words have to be very precise.  When we look at that memo, we see it was 100% accurate in that there is a new rate between now and the 17th.  It didn’t say that we would definitely exchange on the 17th.  Yes, I was making that assumption and so did the banks.  They see the rates but they cannot exchange us until they have the go-ahead.
Caller:  I will do more research and find out how they did this in Kuwait. [Appreciation] Vegas, Vegas, Vegas! 
RayRen:  The Kuwait situation was private;  very few people knew about it and they could do what they want.  This time there are millions of people who are ready and waiting and watching. You might want to pick up a Black’s Legal Dictionary and read the definitions. The memo said rate change, not exchange; w e have to learn how to receive it, accept it, and roll with it.
502 caller:  Who gives permission to start the RV? 
RayRen:  When I ask the people at the bank, they just say “higher up”.  I am assuming it’s the US Treasury giving the go-ahead to exchange on the currency.
Caller:  So the IMF and CBI have nothing to do with it?
RayRen:  I’m sure they are involved in the process, but I don’t’ think they can instruct the US banks what they can do. They communicate with the banks in Iraq and here about the cards, that they are now international.  That was a big move!
Caller:  About the licensing issue, the company I do business with says the license has been suspended in Texas and the website has been shut down.  Is it possible to have just one state’s business shut down?
RayRen:  Sure, the states regulate these businesses, and they can shut down any particular company that is domiciled there.  The other states may do the same, fi they wish.
Caller:  [Appreciation] Vegas, Vegas, Vegas! 
410 caller:  Thanks for the ‘whammy’!  Many are still concerned about how this will break down. It’s in the bank now, so will you be getting a call about 800 numbers or what they want you to do?
RayRen:  Today I am taking away the banks’ excuses.  You are asking for the 800 numbers, and I know the banks are monitoring these calls. Today I’m taking away there excuse that they didn’t know we want to hand out this information.  If that information will help make the process smoother, we will send it out.  At least they know that this is what we want to do, putting them on notice.  If there is information they want to give you, we will send that out.  It will make it smoother if we know what to expect:  for instance, people want to know if they can bring extra people.  We just want the banks to give us the information about the process to make it easier;  they may give it to us, or they may not.  If they didn’t know before that this is what we want, they know it now.  There was also some talk about National Guard people at the banks. We don’t need that foolishness;  just tell us what to expect.  Something like 100,000 listen to this call and the replay, and we have 300,000 people on twitter.  We can get that information out so that there can be calm, orderly processing. It’s up to them to get the information to us.
Caller:  No matter what, we need to be calm and polite.  [Appreciation] Vegas, Vegas, Vegas!  and 800 numbers!  And negotiate!
RayRen: We’ve covered some good information today.  Don’t bother the banks – they know what they have and what they are trying to do, within reason.  If things are meant to happen today, they will unfold for us.  If things are meant to happen by the end of the month, let’s be civil and patient and let it come to us.  You got a lot of good information today.  This ride is coming to an end, and unless something comes from out of left field, I’m looking for this to be the final phase, however much longer it takes. That, I believe.
If we have to come back here on Friday, we will!  I’m optimistic that Showtime is coming. Enjoy your day. Hold on! If you are at the end of your rope, go grab someone else’s and hold on.  If you have fallen off the cliff, we can pull you back up!

DINAR GURUS UPDATE, 17 FEB

-17-2016   Intel Guru Bruce    I would say we are almost home with what I heard today. I been asked to keep all Intel basically to a minimum. It's very close.  We are just coasting the rest of the way in.   Iran and Iraq are good to go!   Alot going on behind scenes, we are soon to see everything internationally...it's just a matter of just being notified at any time and any day! 

2-17-2016   Newshound Guru wmawhite
   The IMF, Goi and CBI all have signed a Letter of Intent in which it is stated paragraph #19 that the government "will" move away from the MCPs which are in place because of the auctions. Remove MCPs, i.e. no auctions, means IQD must have international acceptance.   ...the IMF stated in November that their expectation was for Iraq to enter the economy market the 1st half of 2016...never before in 6 years do I remember the IMF making such a statement.  [post 1 of 2....stay tuned]

2-17-2016   Newshound Guru Mountainman  Article quote:  "Central Bank of Iran (CBI) allocated special code and password to reconnect Refah Kargaran Bank to SWIFT..."     VERY NICE...IMO!...Can You say "T I M I N G"...MONEY $$$$$$$$.   SINCE IRAN is READY...That Means Since they HAVE A "DOUBLE DATE" w/IRAQ...IMO...IRAQ is About to "SHOW" Herself W/HER Partner "FIGURATIVELY SPEAKING"...that is!!

2-17-2016  Intel/Newshound Guru Poppy3
   [Any good news?]  SAME AS THE LAST REPORT RATE TO BE POSTED IN THIS FIRST QUARTER OF 2016 AND POINTING AT MARCH 1...NOTHING HAS CHANGED FOR ME TO THINK DIFFERENT.   THE 28 PAGE REPORT STILL STANDS --- FROM THE IMF, WORLD BANK, UNITED NATIONS THEIR STATEMENT...THEIR WORDS SAID IRAQ WILL BE GLOBALLY ACCEPTED BY MARCH 1 OR BEFORE THE LAST DAY OF FEB...THATS THE REPORT FROM THE VERY PEOPLE IN CONTROL...WE CAN'T GET BETTER INFO FROM BETTER SOURCES. WE HAVE A VERY SHORT WAIT TO PRAY THERE IS NO FURTHER BREAKDOWN IN ACTIONS.   TIME WILL TELL.

2-17-2016   Intel/Newshound Guru Backdoc  IF IRAN WAS RIGHT ABOUT ITS TRADING PARTNER WE SHOULD BE APPROACHING THE 18TH GREEN SOON!  [...it seems to me that Iran just might rv their currency first.]   NO IMO! THEY WILL BE REVEALED TOGETHER...  Article quote:  "Central Bank of Iran (CBI) allocated special code and password to reconnect Refah Kargaran Bank to SWIFT..."    ASSUMING THEY BOTH HAVE LAUNCHED ON THE 8TH WE WAIT FOR "THE LESS THAN A MONTH", FOR THEM BOTH TO GO TOGETHER!

2-17-2016   Newshound Guru wmawhite
   [Has the old guard lost leverage throughout the MOF CBI etc and does Abadi have the the US and IMF total support?]  ...the IMF is steering this ship (the CBI) more than the Governor of the CBI). Once the IMF is ready to step aside then you will see the changes at the CBI...IMO.  The Technical Letter of Agreement are no different than a contract...there is no wiggle room...it states that the government "will" do.  Prior to publishing the Letter of Agreement the IMF stated that they expect Iraq to enter the economy market...well, they are not part of those markets because they have nothing to join with...so, we are going to see soon what we are looking for.

TNT :These rates were shared by Martha , 17 FEB

    • calgoldy said
      03:16 PM Feb 16, 2016
     The rates:     International       Market             Contract
    Dinar               3.71-4.00         up to 9.00        up to 38.00 
    Dong               .47 – 2.00        up to 6.00        up to 22.00
    Rupiah             1.88                 up to 9.00
    Zim                  .03 --                up to .38
    Afghani           ???
     
    2nd basket:
    Rial                  3.22-3.41
    Yuan               6.00+

DAVE SCHMIDT UPDATE, 17 FEB


LANDA GLOBAL CONFERENCE CALL ARCHIVES, 17 FEB

CONFERENCE CALL ARCHIVE

Below are links to the previous conference calls. Once the link is clicked on, a new window will open with a player. Controls allow for playback functions with a slider to access times within the recording.


POPPY3 & WMAWHITE TIDBITS : Q & A, 17 FEB

Poppy3:    ... .80 CENTS...WILL NOT PULL IN ANY DINAR...HAS TO BE $1.20 OR BETTER TO BRING DOLLARS IN.  ANTICIPATE NO LESS THAN A $1.25 BUT I STILL THINK IN MERELY DAYS THE $3.00 PLUS RATE.

CAN'T FILL THE BUDGET WITH ANYTHING LESS.

THEY MAY TRY TO DRAW IN USD FOR A FEW DAYS BUT I REALLY DOUBT IT

Q: [Any good news?] 

Poppy3:  SAME AS THE LAST REPORT RATE TO BE POSTED IN THIS FIRST QUARTER OF 2016 AND POINTING AT MARCH 1...NOTHING HAS CHANGED FOR ME TO THINK DIFFERENT. 

TIME WILL TELL.


Q:  [Has the old guard lost leverage throughout the MOF CBI etc and does Abadi have the the US and IMF total support?] 

wmawhite :  ...the IMF is steering this ship ….Once the IMF is ready to step aside then you will see the changes at the CBI...IMO. 

The Technical Letter of Agreement are no different than a contract...there is no wiggle room...it states that the government "will" do. 

Prior to publishing the Letter of Agreement the IMF stated that they expect Iraq to enter the economy market...well, they are not part of those markets because they have nothing to join with...so, we are going to see soon what we are looking for.

TNT: Highlights From The Big Call, 17 FFEB

TNT:   Highlights From The Big Call:

PinkRoses:   Bruce call starting

Bruce call: hope plan B around corner, Plan A will change.

Mangelo:  Bruce call: Bruce is really in a good mood!

PinkRoses:  Bruce: You heard excitement in my voice. I would say we are almost home with what I heard today. I been asked to keep all Intel basically to a minimum. Keep it mild. It very close.

Mangelo:  Bruce call: almost home from what I have heard from today!  We are just coasting the rest of the way in

PinkRoses:  Bruce: Positive things we heard around the world. WE made it this far, we are coasting rest of way in. Basically what it amounts to. WE are looking for, USD, the new TRN, has a prelimanary value to one dollar. took couple of days to put in place. made official by IMF.


Mangelo:  Bruce: TRN's will have an prelimanary value

Bruce: it be wonderful to have it verified tonight, tomorrow. Last good info we were looking for the TRN with a value. Once they have a value, bonds, and other transactions take place. WE know oil has been shipped from Iraq and Iran to various countries in Europe and China. EStablished rate in Euro, Rumbindi, and TRN.

Mangelo:  Bruce: Iran and Iraq are good to go!

PinkRoses:  Bruce: There trade taking place. Iran good to go. I believe same thing with IRaq. Alot going on behind scenes, we are soon to see everything internationally. Waiting to be notified. NOt get into date or rate. Basically any day.

Mangelo:  Bruce: it's just a matter of just being notified at any time and any day!

PinkRoses:  Bruce: I have done my best to keep intel quiet, questoins best to be geared toward our future. You know where to draw the line, know what is permissable and what is not. I appreciate you honor me and kent to be wise about it. If you are brand new, may not entertain your question

PinkRoses:  Bruce call: Starting Q and A   One question Tuesday.

PinkRoses:  Bruce call: Caller: alot of talk different note of Zim holds. wondering if you know anything conclusive of the bearer note. The AA and AB going to be accepted. Bear note has expiration date on it

Bruce; I not heard that term yet regarding the ZIM. The AA and AB notes we were informed of. But bearers notes I do not know.

Mangelo:  Bruce, caller: a lot of talk of the notes AA & AB are good do you know anything on a Bearer Note? ....NO

PinkRoses:  Bruce: We had our line increased to ten thousand callers. Alot going on participate line, 2977 on, line froze.

PinkRoses:  Bruce call: caller: I read rates released in Iraq. That being said in 24 hours it be RV?

Bruce: the reinstatement of rate was couple months ago. They finally got rate universal on key cards. They are now international well within a little higher than they were before the invasion of Kuwait. WE are hearing within country for rates for Iraq

Mangelo:  Bruce, caller: I heard the rates are released in Iraq... we could say they have a in country rate

PinkRoses:  Bruce caller: China putting pressure?  Bruce: I dont know about pressure, but there has been forces around world trying to get this done for them to be international. WE have a basic GCR in process now.

PinkRoses:  Bruce caller: This the real deal?  Bruce: Yes this is the real deal. dont know when it will manifest for us. but hold on to the bar a little bit longer. seems to me we are coasting to a stop.

PinkRoses:  Bruce caller: Aghani?  Bruce: Afghan, dont have a rate either. I dont hold it. cant tell you. It is in there.

PinkRoses:  Bruce caller: I am ready, are we still waiting for the 800 number to go to exchange center?

Bruce: The plan is generally speaking, shot gun start. Admiral, WF, the group, internet group suppose to be notified together the same time. WF a major player, but other banks including tier two banks. Centers aorund country, plenty opportunity.

Mangelo:  Bruce: caller: are we in the same position for the 800# to go to the exchange center, we are in a shot gun approach now   …they have plenty of exchange centers all around the country!! Don't worry about it!!

PinkRoses:  Bruce: Exchange centers will be around states, plans in every state to have WF present in exchange centers. Off site exchange centers will be used. Dont worry about it. It will be very clear whether group or internet group.

Pinkroses:  Bruce caller: If you gifted some money to a relative. I signed a nda will i be able to go to the bank with them?  Bruce: can you go in to bank with them? I would say the theory is a husband and spouse can go in together. An adivsor is allowed to go in so finanacial advisor or attorney. I would try to set appt with them. A group?

Bruce: you set appt for the transaction where you feel they should go. Tell person on other end, i am coming in behalf of my son and daughter in law.

PinkRoses:  Bruce: that has to do with your transaction, not theirs. I am not an attorney, tax cpa.

PinkRoses:  Bruce caller: asset protection same as llc or trusts?  Bruce: Yes, asset protection, creating a form of a structure, because of the form whether a trust, foundation, makes it something that gives security and safety to the investment. That is where your asest protection attorney comes in. Your estate planning attorney. They will put your proper structure to protect you.

Bruce: You have to take the proper steps fairly soon after time of exchange to set your structure up to protect you investment. Time of exchange if your finances be significant, be intro to WM, or private Banker, tell them you need a connection for asset protection. They will say we have a list to refer you to. You say thank you, set appt. dont go on vacation for a month. GEt in and protect. then you can talk about vacation.

Mangelo:  Bruce: caller: once you exchange you will be introduce to a wealth Manager then you can ask for asset protection and put some thing together

PinkRoses:  Bruce: Caller: i dont want to do anything major until I have it structured.  Bruce: See what you have net after exchange, now money will work for you, over seen by you and financial advisor, and you will learn from them how to make money and not to lose money.

Bruce: You will try to grow it conservatively, managable returns. see what it will earn for you per year, take that how much per month, then see how much to give, and live on. set your budget up. You just look at it and budget how much to give in various buckets I want to work with.

Bruce: You might have two or three pet ministries. Now opportunity to budget it and set it up
.
Mangelo:  Bruce: call: ask how much can I make on my money so you can figure out what you can do, from living expenses, give to charity, set up a budget

PinkRoses:  Bruce caller: how to give church donation?  Bruce: does your pastor know you plan to do something for the church yet? 

PinkRoses:  Bruce caller: NO, people there dont know, kept it quiet

Bruce: If making gift to your Church and dont want to be contacted by the pastor for more giving, what you may want to do, gift to an endowment fund or something that be transfered to your Church. Give unknown by your attorney,m somebody you trust. they cut check to the church unanimously. You wont be tied to it.

Mangelo:  Bruce: caller, you could have an attorney give it to an endowment fund

PinkRoses:  Bruce: Lay low, stay under the radar, dont make big deal of giving.

PinkRoses:  Bruce caller: should we use a rental car to go and exchange?  Bruce: there been talk about that years ago, security will be very good at exchange centers. not a bad idea, a security thing. I would say a definelty a suggestion alot of people going to consider.

PinkRoses:  Bruce caller: I am exited, roller coaster ready to stop. Bruce: I agree

PinkRoses:  Bruce caller: Dong still up there?  Bruce: Yes

Mangelo:  Bruce: caller: Dong still very good...yep. can you add a vehicle in a trust, each vehicle in it's own trust would be good

PinkRoses:  Bruce caller: I hope this done before end of month…. Bruce: I hope so, should be

Mangelo:  Bruce: caller: way before the month!!

PinkRoses:  Bruce caller: appreciation. This RV is close, not know day or hour. Zim? still 35 cents?  Bruce: cant talk about rates. But going to say lower or higher, which one you choose? higher? Than that choice be yours.

PinkRoses:   Bruce caller: trn, do we have to wait for that to happen? if so, once the trn that means we have an Rv?

Bruce: I think we have it regardless. WE understsand it was set up one to one, one trn to one USD. the new trn called USN. It is occuring as we speak. that maybe the last little thing that needs to be accomplish. the IMF one verifying or approving that. we just about good on that. then we should have our new currency at the banks at exchange locations with the new asset back currency. gold and other assets.

PinkRoses:  Bruce caller: does it mean it go down by friday?  Bruce: we are in the week we should, day to day bases, all info coming in today and this evening all positive for this week, yes.

PinkRoses:  Bruce caller: WF was open this weekend, why  didnt it go this weekend?  Bruce: not saying why, limiting intel, been asked to be quiet about it. Doesnt matter why it didnt go. Trn took couple of days to be discussed and supplied with a prelimanary rate. we believe that is taking place now.


PinkRoses:  Bruce caller: the dong not connected to the dinar?  Bruce: no, separate countries. all these currency with this global reset will reset same time… hang in there

PinkRoses:  Bruce caller: amount of currency we can leave bank with, still leave with smaller cashier checks to take to other banks? 

Bruce: even though they will have money to give you, cash, be careful taking cash with you, lay low with that. have cashier check, come out with one or two with those, you will have your motherlode acct. go to your small bank, put cashier check in, pay off debts. wouldnt pay bills from new mother lode acct.

PinkRoses:  Bruce: Thank you, I think it been a long ride. EVerything looking good for us. pulling into the station. we hope to get together Thursday night, maybe celebrate, hope so.

Mangelo:  Bruce call ending the Q & A and we are at the end ...pulling in the station

Mangelo:  Bruce: Kent ending the call with a prayer

PinkRoses:    The big call Bruce reply is 605-562-3198 Pin #123456

KTFA CHAT WITH BACKDOC , THUNDERWAK & MOUNTAINMAN, 17 FEB

KTFA:

BACKDOC:   WITH CURRENCY FLUCTUATIONS BECOMING SO DRAMATIC IN WORLD MARKETS, COMPANIES ARE UNABLE TO PREDICT PROFITS DUE TO DECLINING SALES AND MARGIN PRESSURES FROM COMPETITION IN THIS DEFLATIONARY ENVIRONMENT!  (See article below)

WITH COMPANIES CHALLENGED FOR GROWTH AND YEILD, IT SEEMS A PROFIT DEATH SPIRAL IS IN PLAY FOR MANY COMPANIES.

THIS PROCESS TO THE DIGITAL WORLD MAY BE MORE CHALLENGING THAN THE SMARTEST EVEN KNOW!

HOW CAN YOU PLAN ANYTHING WHEN THE BASIS OF VALUE IS NEVER THE SAME? IMPOSSIBLE!

DOC  IMO

Thunderhawk:     Backdoc Alert

Morgan Stanley strategist: Our moves were 'horrendous'

Up is down, down is up, the bull is a bear, the bear is a bull and an economy in recovery is really in recession.

Such is the current state of the markets, according to Morgan Stanley strategists, who see a "Bizarro World" where nothing makes sense and it's getting tougher and tougher to make a buck.

"Everything seems backwards," Adam Parker, the firm's chief U.S. equity strategist, said in a note to clients. "Sell winners, buy losers, own staples in both up and down markets. Just do the opposite of what makes sense."

The "Bizzaro" reference is familiar to Superman fans for a world where the Man of Steel is really a bad guy and everything else is upside down as well.

But for Morgan Stanley, it's been no comic book but rather stark reality. The firm's investment portfolio registered its worst month in more than five years — 61 months, to be exact — as the stock market got off to one of its worst starts ever this year.

"Our portfolio advice has been pretty horrendous lately," Parker confessed. He added:

For those who follow our portfolio, we did quite well over the five years from 2011-2015. But, our portfolio just had its worst month in 61 months in January,and things have not improved in February.The market is down more than we thought it would be. Our biggest sector bet has been financials (particularly credit cards). As an investor recently said to us at a conference, "I am doing a lot of things, just nothing with confidence." Doing the opposite of what were commended would have been better. Bizarro World. Or at least hopefully not the real world.

Parker and Morgan Stanley, of course, have plenty of company.

Most Wall Street firms had a fair amount of confidence and have been forced to walk back their aggressive forecasts in recent days. Barely a month into 2016 Bank of America Merrill Lunch on Friday cut its full-year S&P 500 forecast from 2,200 to 2,000. Wells Fargo on Tuesday followed by slicing its range from 2,230-2,330 to 2,000-2,100, a 10 percent reduction.

The typical investor portfolio had declined 10.35 percent year to date, according to Openfolio, which compiles the number from results of 60,000 users on its social networking site.

Parker reiterated many of the oft-cited factors working against the market, such as the sharp decline in energy prices, a slowdown in China and worries that the Fed might make a policy mistake.

He added a few: That the health of the U.S. consumer may have been overstated; an investor focus during earnings season on punishing companies that missed estimates rather than rewarding the beats; and fears that the fixed income market and its plunging bond yields are a more accurate forecaster of the road ahead than the optimistic equity market.

Added together, Parker still holds a generally bullish case for the market, stated with a contrarian twist:

The positives are this: No one is articulating a bull case for U.S. equities with conviction. Earnings expectations are potentially low.There is some fiscal stimulus this year (vs. drag previous years). The presidential candidates don't appear to be multiple expanders now, but they will get more centrist and the riffraff will be removed in a few more weeks. Sentiment is low (two weeks ago an investor on a panel we moderated said, "It is a multi-variable world and every variable is negative".) The U.S. probably looks relatively better than other parts of the world. So maybe, the bull case is just that no one can articulate a bull case.

From a strategic standpoint, Parker said the firm is "a bit more nervous than we were last year."

That translates to overweighting health care and utilities, staying underweight energy and cutting discretionary. Morgan Stanley also is cutting its position in American Express and Hewlett-Packard and upping its stake in Apple, among other moves.

http://www.cnbc.com/2016/02/16/morgan-s ... ndous.html

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BACKDOC:  THERE MAY BE MORE TO THIS STORY IN THE FUTURE! (see article below)

TOO BIG TO FAIL MAY BE BROKEN UP INTENTIONALLY TO SPREAD THE TOXIC DEBT AROUND SO THAT IT PREVENTS A COMPLETE SYTEM BREAKDOWN!

WE WILL KEEP OUR EYES ON THIS PROCESS!   DOC    IMO

Blinkster:  That is along the lines of what I'm thinking, BackDoc. How on earth can just breaking up "too big to fail" banks solve any toxic financial problems (ie derivatives) that they already are infected with...unless, somehow, they can muddy the waters a bit by somehow spreading the infection around? How to get unencumbered banks to take on some of this negativity, or at least somehow to be burdened with it (let's share the problem, shall we??) is a big unknown at this time...

Dnari131:  yep and sometimes the dam just breaks in a Blink..

Thunderhawk:    Backdoc Alert

Fed's Kashkari, in first speech, suggests radical Wall St. overhaul

The U.S. Federal Reserve's newest policymaker and a former point man for the government's bailout of the financial industry on Tuesday called on lawmakers to take radical action to rein in banks and protect taxpayers.

In his first speech as head of the Minneapolis Fed, Neel Kashkari, a Goldman Sachs executive before he worked at the U.S. Treasury, urged Congress to consider "bold, transformational" rules including the breaking up of the nation's largest banks to avoid bailouts.

Kashkari indicated that his work at Treasury, where he managed a key part of the banking and auto industry bailouts during the financial crisis of 2007-2009, helped inform his current view.

A set of regulations introduced since the crisis, known as Dodd-Frank, did not go far enough, he said in prepared remarks that straddled the line between the Fed's policymaking remit and political advocacy.

"Now is the right time for Congress to consider going further than Dodd-Frank with bold, transformational solutions to solve this problem once and for all," Kashkari said, arguing that the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to the U.S. economy.

He urged lawmakers to consider breaking up large banks into "smaller, less connected, less important entities" and took a swipe at existing rules for winding down failing banks should they run into difficulty amid a weak global economy.

"I am far more skeptical that these tools will be useful," Kashkari said, adding that "we won't see the next crisis coming."

He said Congress should consider compelling banks to hold so much capital that they "virtually can't fail," in effect treating them like public utilities.

Speaking after his address, Kashkari said global economic and financial developments would be an "important" input when the Federal Reserve next meets on March 15-16.

He hewed closely to the Fed's January statement, saying he sees moderate growth and a gradual increase in interest rates. He declined to specify how many rate hikes there might be this year.

Kashkari added he does not expect negative rates will be needed in the United States but it was something the central bank could use if deemed necessary.

Financial markets have plunged amid slowing global growth and several central banks are using negative interest rates to avoid deflation and stimulate economic activity.

Kashkari took the helm of the Fed's smallest regional bank last month, two weeks after the Fed raised its benchmark interest rate for the first time in a decade.

He does not have a vote on the Fed's rate-setting committee until 2017 under its rotation system, but participates in deliberations.

http://www.reuters.com/article/us-usa-f ... SKCN0VP1Y4


Mountainman: ???......Is it "TIME" to MOVE the GLOBAL OIL Budgets FORWARD.....As Negotiations UNVEIL and NEW CONTRACTS "Expose"..... IRAQ/IRAN to Re-ENTER the GLOBAL STAGE w/Their "NEW VALUES" ???.....Many other Countries have Agreed to Halt Production as WELL=ALL PUMPS are "PRIMED for TIME"!!!!!!!!.....IMO      Blessings,Mountainman

BACKDOC:  IRAQ HAS THE SPIRIT OF COOPERATION, AND IS READY AND WILLING BUT IRAN IS SEEMS TO BE A HOLD OUT SO NOTHING WILL HAPPEN UNTIL THERE MAY BE SERIOUS PAIN IN THE MARKETS!

WITH A 3 TO 7 DOLLAR EXTRACTION COST , IRAN AND IRAQ HAVE A MAJOR ADVANTAGE OVER OTHER COUNTRIES!     LOWEST EXTRACTION COSTS WIN!    DOC     IMO

Thunderhawk:   Backdoc Alert

Iraq ready to freeze oil output at January levels pending deal - source

Iraq is ready to commit to freezing its oil production at January levels if a deal is reached among OPEC and non-OPEC countries, an Iraqi oil ministry source said on Tuesday.

"Iraq is with any decision that contributes to propping up oil prices," the source said.

Top oil exporters Russia and Saudi Arabia have agreed to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production.

The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha. It could become the first joint OPEC and non-OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping prices recover from their lowest in over a decade.

Iraq's oil ministry said on Tuesday production hit a record high in January, with crude output from all the country's fields, including those controlled by the Kurdistan Regional Government (KRG), averaging 4.775 million barrels per day (bpd).

It said earlier in the month that production from southern fields, excluding KRG-controlled fields, had dropped to 3.9 million bpd in January from 4.13 million bpd the previous month, itself a record high for the southern fields alone.

The KRG does not disclose production figures for fields in the autonomous northern region and the disputed Kirkuk field, which is operated by Iraq's state-run North Oil Co but has been under Kurdish control since June 2014. It has said exports via pipeline to Turkey rose to an average of 601,811 bpd in January.

Exports via the pipeline increased steadily last year as the Kurds cut allocations to Iraq's state oil marketing firm SOMO from June, ramping up their own independent crude sales in an effort to tackle an acute economic crisis.

Iraqi Prime Minister Haider al-Abadi on Monday suggested a deal on sharing oil and revenues between Baghdad and Erbil could be revived if the KRG stopped selling oil independently.

http://www.reuters.com/article/us-iraq- ... SKCN0VP1R8



BACKDOC:  ALL WE NEED IS AN EVENT TO TAKE THINGS GLOBALLY OVER THE EDGE!

MAYBE THATS THE PLAN TO PURGE THE OLD AND BRING IN THE NEW, OTHERWISE MAJOR BAILOUTS ARE ABOUT TO BE NEEDED!

I READ ON BLOOMBERG TV TONIGHT THAT DRAHGI FROM THE ECB WANTS TO BAN THE BIG NOTES THAT ARE CIRCULATING! HE CLAIMS ITS DUE TO DRUG MONIES! REALLY? MMMMM

WITH CUSHINGS OKLAHOMA REACHING CAPACITY WE COULD BE JUST DAYS AWAY FROM MAXIMUM CAPACITY! OIL WILL THEN GO INTO FREE FALL TO SPOT PRICE WHICH WILL CREATE A CRISIS MOMENT ON OIL PRICES!

GOING TO 18 DOLLARS MAY BE POSSIBLE!

DOC  IMO

BACKDOC:  THE PANIC IS THAT PEOPLE ARE LOOKING FOR SAFETY FOR THEIR MONEY!

LET ME FIRST TO TELL YOU, WHAT THEY SEEK THEY WILL NOT FIND!

YOU CAN RUN BUT YOU CAN'T HIDE DRIVING THAT FIAT! THE DEFLATION BOOGIE MAN IS COMING AND WINNER TAKES ALL!

YOU CAN'T CATCH ME I'M THE ASSET BACKED GINGERBREAD MAN! HEE HEE

DOC   IMO

Thunderhawk:   Global Bond Rally Near `Panic' Level With Japan Yield Below Zero

Worldwide gains in sovereign bonds sent Japan’s benchmark 10-year yield below zero for the first time and have guided U.S. Treasuries to the best start to a year since 1988 as investors seeking the safest assets gorge on government debt.

Yields on Treasury 10-year notes touched the lowest in a year while those on short-dated German securities slid to a record, as U.S. stocks followed shares in Europe and Asia lower. Volatility in Treasuries reached the highest since September as the U.S. sold $24 billion in three-year debt at the lowest yield in almost two years.

There’s now $7 trillion of government debt with yields below zero globally, with the average yield on the Bank of America Merrill Lynch World Sovereign Bond Index at 1.29 percent, the lowest in data going back to 2005. Futures traders pared the odds the Federal Reserve will raise interest rates this year to 32 percent before Chair Janet Yellen begins her two-day testimony to Congress on Wednesday.

“Global risk aversion is being driven by underlying concerns about banks, energy prices and equity markets, and that is one part of what is driving Treasury yields lower,” said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC in Philadelphia. The other “is genuine expectations of weaker U.S. inflation and economic growth. So Yellen will be huge for the markets this week.”

The benchmark 10-year Treasury yield fell two basis points, or 0.02 percentage point, to 1.73 percent as of 5 p.m. in New York, according to Bloomberg Bond Trader data. It touched 1.68 percent, the lowest since February 2015. The 2.25 percent security due in November 2025 was at 104 22/32.

Global Yields

Treasuries have gained about 3.4 percent in 2016, the most in the same period during any year since 1988, according to Bank of America Merrill Lynch index data.

A gauge of demand at Tuesday’s auction was the least since 2009 as the three-year notes sold at a yield of 0.844 percent, the lowest since March 2014. It was the first of three note and bond sales this week totaling $62 billion.

“This is really specific to how low yields are and what is going on in the front end of the yield curve with the Fed outlook,” said Ian Lyngen, a government-bond strategist at CRT Capital Group LLC in Stamford, Connecticut, referring to Tuesday’s auction demand.

Japan’s 10-year bond yield fell as low as minus 0.035 percent, an unprecedented level for such a maturity in a Group-of-Seven economy. Volatility in the nation’s debt market climbed to the highest since July 2013.

“It’s almost like a panic,” said Hideo Shimomura, the chief fund investor in Tokyo at Mitsubishi UFJ Kokusai Asset Management. “The flight to quality is exaggerated.”

A bond-market measure of inflation expectations known as the 10-year break-even rate fell as low as 1.17 percent, the smallest since March 2009. The gauge, which measures the difference between yields on nominal 10-year notes and inflation-protected securities, ended last year at 1.58 percent.

The bond market’s outlook for inflation over the next decade is too sanguine, according to Pacific Investment Management Co.’s Mark Kiesel.
“There is significant value” in Treasury Inflation Protected Securities, Kiesel, who co-manages Pimco’s Total Return Fund in Newport Beach, California, said in a Bloomberg Television interview Tuesday.

The Fed has failed to get its preferred gauge of inflation to its 2 percent target since 2012. Yet wages are improving. Hourly earnings rose 2.7 percent in December from a year earlier, the most since 2009, according to the Labor Department.

Rising Volatility

About 29 percent of the debt in the Bloomberg Global Developed Sovereign Bond Index yields less than zero. Switzerland’s 3 percent notes due in 2018 had the lowest yield in the gauge: minus 0.95 percent, according to data compiled by Bloomberg.

The pace of swings in U.S. government-debt yields has been rising, with normalized volatility on three-month options for 10-year U.S. interest-rate swaps, known as 3m10y swaptions, reaching 95 basis points Tuesday, its highest since July. The gauge of volatility on swap rates mirrors movements in options on Treasury futures. Swap rates serve as benchmarks for investors in many types of debt, including securities backed by mortgages and auto loans.

The Bank of America Merrill Lynch’s MOVE Index, which tracks one-month option projections for the pace of swings in Treasuries maturing in two to 30 years, rose to 89.27 Monday, its highest since September 2015.

http://www.bloomberg.com/news/articles/ ... -rate-bets

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BACKDOC:  THE MORE WE READ THUNDER THE MORE BELIEVABLE THIS TRADING PARTNER OF IRAQ WILL HAVE A COMPATIBLE CURRENCY!
DOC   IMO

Thunderhawk:  Iran petchem output to hit $22b: Zangeneh

Tehran, Feb 9, IRNA – Iranian Minister of Petroleum Bijan Zangeneh said the value of country’s petrochemical production will increase to 18 billion dollars by the end of current year (March 20) from 16 billion dollars and is expected to hit 22 billion dollars in the next two years.

Speaking to media on the 37th anniversary of the Islamic Revolution, he said the achievement has been attained by launching phases 15, 16, 17, and 18 of South Pars Gas Field which provide ethane feedstock of the petrochemical plants.

Zangeneh also said that production of environment-friendly Euro-IV petrol has increased from 2.5 million liters daily to 24 million liters a day since President Hassan Rouhani took office two years ago.

“By launching Phase I of the Persian Gulf Star Refinery, there will be no need to import of petrol,” he added, “By the end of Sixth Economic Development Plan production will increase to 3.2 million liters.”

He referred to the measures taken by the petroleum ministry to lay gas pipelines for domestic consumption in the eastern Sistatan-Baluchestan province, and also said that smuggling of oil products including gas oil has been reduced drastically after its distribution to trucks based on bill of loading.

http://www3.irna.ir/en/News/81957336/

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BACKDOC:  THIS IS ACTIVATION IN REAL TIME OF THE GOLDEN TRIANGLE WHICH IS PART OF THE SILK ROAD!

WITH ALL THESE CONTRACTS BEING ACTIVATED NO WONDER THE DOLLAR IS UNDER PRESSURE AND A NEW NARRATIVE WAS NEEDED TO EXPLAIN THIS MASSIVE DE-DOLLARIZATION!

CAN YOU IMAGINE WHAT MIGHT BE WAITING FOR THE DOLLAR ON THE OTHER SIDE OF THE CHINESE NEW YEAR HOLIDAY ON THE 15TH? MMMMM

GUYS, WE COULD BE ONLY DAYS AWAY FROM THE NEW REALITY!

TIME COULD BE SHORT LIKE MINI ME! HEE HEE    DOC  IMO

Thunderhawk:   ACTIVATION of THE GOLDEN TRIANGLE

Russia to Deliver 5,000 Freight Wagons to Iran

Russian manufacturer Uralvagonzavod will supply Iran with 5,000 freight wagons, marking the start of Russian exports to the country after the removal of anti-Tehran sanctions, a newspaper reported Wednesday.

According to the Kommersant, Russia's state development bank Vnesheconombank (VEB) will provide an 11.2-billion-rubles ($140-million) loan to Uralvagonzavod for the matter.

The cars will be developed on the technical task of the Iranian Railways, the paper reported. The deliveries are expected to begin before the end of 2016.

The agreement reportedly comes as part of the VEB’s plans to subsidize the export contracts for the supply of 15 thousand rail cars of different types to Iran, Azerbaijan, Kazakhstan, Egypt and Cuba.

Iran emerged out of international isolation in January, after it was found in compliance with last summer's nuclear agreement, paving way to the termination of EU, UN and partial US sanctions.

Later in January, Iranian Ambassador to Russia Mehdi Sanaei said that Tehran expected that joint Russian-Iranian projects initiated last year will be implemented in 2016. The transport projects discussed between the sides involve large Russian companies and are altogether worth over $25 billion.

https://news.hec.su/item/567480/russia- ... ns-to-iran

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

BACKDOC:   THE TRIANGLE IS COMPLETE!

Mountainman:  'll BET the USA will be "IMITATING" these same Objectives of TRADE w/TPP and Other AGREEMENTS down the NEW GLOBAL HIGHWAY....But for NOW The "AIR" has to DEFLATE for A Little bit LONGER.......Then....BAAMM......Here WE GO!!!!!!!!

This You might say is a ........UNDENIABLE/VERIFIABLE.....REALITY!!!!!!!!....IMO....For those WHO aren't WHERE We are......PURE FEAR.....so HELP them as You UNDERSTAND....What's REALLY GOIN ON!!!!

Thunderhawk:   Russia Mulls Trading With China, Iran in National Currencies

Moscow is discussing the possibility of settling payments with Beijing and Tehran in national currencies to intensify agricultural trade, an aide to the head of Russia’s agricultural watchdog Rosselkhoznadzor said.

In November 2015, Russian President Vladimir Putin said Moscow should intensify the use of national currencies in bilateral payments with Iran.

In December 2015, Charge d'Affaires at the Chinese Embassy in Russia Zhang Xiao said that the value of trade between Russia and China could reach the equivalent of $100 billion if the sides used national currencies for mutual payments and modernized the model of bilateral economic cooperation.

"As we know, the [Russian] Finance Ministry is working on creating a scheme [of payments in national currencies]… This issue has been repeatedly discussed at Russian-Chinese negotiations as well as with Iran," Aleksei Alekseenko said an agricultural exhibition in Moscow.

http://siteground243.com/~hiram155/2016 ... urrencies/

Mountainman:  Well People/Countries don't "INVEST" Where there is "NO" Potential for "PROFIT"=THEY did "THEIR" Homework......

I'd say These Guys are HAPPY HAPPY HAPPY.......because They are "INTO" A Bright PROSPEROUS FUTURE....for One Another That is!!!!!!!!

Blessings,Hawk.......You guys are Batting A BILLION RIALS.....Thanks Bro   Mountainman

Thunderhawk:  Iran, Russia sign investment protocol on economic projects

Iranian Deputy Economy Minister Mohammad Khazayee and his Russian counterpart Sergei Storechak in a meeting here on Tuesday signed an investment protocol on joint economic projects between Iran and Russia.

The 15-clause protocol anticipates opening of governmental export credit for economic and industrial projects.

The Iranian and Russian deputy economy ministers underlined the need for the expansion of mutual cooperation in different economic fields and the need for further cooperation and efforts in this regard.

The two sides also exchanged views on financing the industrial projects in the two countries.

http://www3.irna.ir/en/News/81957438/

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

Hoot:  might i ask backdoc do you think gold and silver will go down ,so we can buy it at a lower price

BACKDOC:  AS VALUE RISES WITH THE NEW DIGITAL ASSET-BACKED CURRENCIES GOLD WILL GO DOWN TO MEET IT JUST LIKE THE MARKET IS ABOUT TO DO!

OF COURSE THIS IS MY OPINION AND EVERYONE HAS ONE!

NITE HAWK! AND FAMILY!      DOC