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Saturday, July 23, 2016

TNT UPDATE, 24 JULY

AlLonghorn:  China told the IMF that is was going gold back and the start date is Oct. 1
If China goes gold back in all transactions, then no body will ever want the USD again because there is nothing behind it. Then everything will have to become gold backed.

FloridaK:  Hello everyone. I am reading what was said. Can I ask this question. If China goes gold back Oct. 1, does that mean we will not RV until then?

AlLonghorn:  Florida K No it does not mean that at all. If China goes gold back, then my understanding is there will be a major shift globally and the RV will be necessary.

Yada:  Florida,many in here would say the Dinar is waiting on the Asset backed status but Im not buying that,,the RV has nothing to do with asset backed,,,,,,,,imo

RBear: Surprise Bank story From 7-20, 23 JULY

RBear: Surprise Bank story   From 7-20: 

I just went to my local bank a BOA and found out that everyone there is excited and waiting like the rest of us ….come to find out even the manager owns Dinar and others they are waiting just like us

They don't push you back and say no ….yea I'm am really pumped up now knowing that most of the employees there have this currency and they seem to be very excited …she still would not admit as to when ….and  soon is all I got ....but the big surprise was that the manager told her employees about this and found out there is a great deal of people in my small town that are in on this.

This is the first time a bank admitted to me that it is real and to admit that they themselves believe in it and own it is proof enough for me to know it is real and could finally be here
Because just 6 months ago they would not say anything about it and now they can't stop talking about it

Hope this lifts some of your spirits and hope know this is real and has really lifted mine

No I will not say what town or which branch…. don't want to get anyone in trouble

This is my story take it for what it's worth …love and peace to you all and may God bless all of you. 



Songwriter:  Based on a conversation I just had with someone who is highly connected, Zim is trading at Soverign rates right now, around 276 Billion per Zim. They are then dealing with Humanitarian Groups, paying them a percentage per Zim, on the soverign rate. It is a trickle down effect. People who get that percentage on the soverign rate then, sets up their own Humanitatian group, offer the group members a rate, bank get some, Humanitarian most. Members then set up own humanitarian group, and on and on

Emon:  . what does the sovereign rate mean for us??? please and thank you in advance for your response

Songwriter:  emon...Nothing! After Sovereign trading is finished, rates will go down and groups will exchange. I'm thinking the Redemption centers may be a group that has recieved soveirign rates and will give us a rate higher than the International rate so, there is plenty room negotiate.

Emon:  it has to do with it being a historical, bond. i believe a gold bond. there is more to the zim that meets th eye!! i have asked about the zim and other monies that are not spoken of, butto no avail. i neverget a direct answer

Yada:  emon,,I will give you a direct answer,,,,they may be considered a bond but we will be exchanging the zim at the currency rate,,,,those who redeem them from us will be able to collect the sovereign rate,,it there is such a thing

DELTA UPDATE, 23 JULY

DELTA:  HELLO FAMILY:
 
I DID BRING THIS PART FROM 2/27/2015 TO REFRESH YOUR MEMORY, WHEN THE CBI DECIDED TO WITHDRAW THE 50 DINARS NOTE,  THEY DID STATE THE REASONS!!!
 
The Central Bank of Iraq , the day before yesterday , the currency was withdrawn from the category of 50 dinars from circulation due to " low value and stop the public about the circulation ," according to a statement of the bank. A source in the CBI told the " term " that " the bank does not want a conflict between the currency and the category of 50 dinars 500 dinars in case of deletion of zeros from the last

http://www.almadapaper.net/ar/news/
 
AS WE KNOW THE NEW 500 DINARS IS CONFIRMED WITH KURDISH LANGUAGE , THAT'S WHY I DO BELIEVE IMO WE ARE SO CLOSE TO SEE AN INCREASE IN EXCHANGE RATE.   DELTA


MBA Grad:  Greetings Delta,

I'm trying to confirm that the 250 Dinar notes have also been modified to have the Kurdish language. I'm pretty sure that you had posted something about the 250 Dinar notes which you had seen on Iraqia Televison.

I also remember Al-Abadi making some kind of an announcement on the 500 Dinar Note but I don't believe he mentioned the 250 Dinar Notes.  I could be wrong, but I just wanted to run this by you to confirm that both the 500 and 250 Dinar notes have been reprinted to have the Kurdish language on them.  The Banknotenews website only shows the new 500 Dinar note but not the 250 Dinar Note.

I'm thinking that once the rate is reinstated, that both the new 250 and 500 Dinar notes will be made available to the citizens in exchange for the 5k, 10k and 25k notes that the citizens are hoarding.  This will help de-dollarize Iraq and to help remove the "000" notes from circulation until the actual "RV" can be performed.

Many thanks for your help !

DELTA: NO NEW 250 YET....... ONLY 500 .

DINAR GURUS UPDATE, 23 JULY

7-23-2016   Newshound Guru Shredd   ...the IMF's continued support and re-clarification that the peg to the dollar is in place is a good thing.  It is just a matter of time that the dinar will gain value as Iraq diversifies in it's outputs and regrows its reserves from oil revenues.  We are not invested in some penny stock that we're hoping to get rich on like the inbred, get-rich-quick dummies do.  ​We are invested in a sovereign currency for a wealthy country that is a new democracy and who has immense global support for economic dependence and participation in global economic growth.   [post 3 of 3]

7-23-2016   Newshound Guru Shredd
   [list continued]
7. The national currency trading outside the country would have a positive impact to buy more goods and services for the benefit of the country.
8. Grow GDP with a diversified balanced economy via a balanced increase of costs of goods and services while also increasing wages.
9. Finally have transparent financial openness, which contributes significantly to investment because of a healthy banking system which in turn stimulates the global banking industry.
10. Move to a single currency regime and move out of currency auctions.

Let me also add that...   [post 2 of 3....stay tuned]

7-23-2016   Newshound Guru Shredd   Article:  "IMF says no reason to devalue Iraqi Dinar"  This article captures most of the upside of having the dinar on par with the dollar. I'll list em for ya!
1. Having a sovereign, representative currency that is consistent with the cash reserve ratios.
2. Having a strong dinar rate that contributes to the national currency trading in foreign markets (huge btw).
3. Fully implement the project to delete the zeros which provides an exit from the country's economic crisis.
4. Restoring the money supply structure in line with the market data.
5. Allow for transparent, compliant trading currency between banks and other institutions operations.
6. Have a currency rate that responds to market fluctuations in a consistent manner.  [post 1 of 3....stay tuned]

7-23-2016  Newshound Guru tlm724  Here are the statistics I want to share with you all: CIA The World Factbook:  COUNTRY COMPARISON :: RESERVES OF FOREIGN EXCHANGE AND GOLD:  Reserves of foreign exchange and gold compares the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. 
 
RANK RESERVES OF FOREIGN EXCHANGE AND GOLD: 
 
37 IRAQ $57,070,000,000 31 DECEMBER 2015 EST  
 
49 KUWAIT $31,430,000,000 31 DECEMBER 2015 EST
 
Isn't that pretty ? Iraq has quite a bit more gold and reserves...   [post 2 of 2]

7-23-2016  Newshound Guru tlm724  I spent some time this morning researching some numbers. I did a comparison of Iraq and Kuwait since I like Kuwait's exchange rate : 1 Kuwaiti Dinar equals 3.31 US Dollar.  The improving security environment and foreign investment are helping to spur economic activity, much more attention needs to paid to the private sector and that is on the table.  The overall standard of living still depends on the central government passing major policy reforms and laws...and that too is being addressed, it is just a matter of time.  ...I did some research so I could answer that old question:  Can Iraq support a one to one exchange rate? Well the answer is a resounding hail Yes and then some!  [post 1 of 2....stay tuned]

7-23-2016   Newshound Guru Bondlady   Article:  "Exchange rate and disinformation"  Quote:  "Mohammed Sharif Abu Mayssam repeated calls by some observers to call for the lifting of the dinar exchange rate against foreign currencies, to the extent that some of those claims up by making the value of the dinar equivalent to one dollar on the grounds that the caloric value of the current criticism is not consistent with the cash reserve ratios..."  ...this is a good article an could very well mean even better for us than what its saying...the fact that this article even exists means they are working on this right now, they are discussing all the pros an cons of it as they've done the last few times they've been ready to move the dinar rates or do something with the currency...we all know its long over due...this is definitely different than the last 10 plus years...I really do expect things to change in a big way with the new agreements made with talibani...art 140...hcl... several more huge things...I believe we will see those come to light very soon...hang in there every one ...its lookin very good for us all imo.

WSOMN CHAT UPDATE, 23 JULY

WSOMN

Rocker66:  For those that are interested and Bill will bring in, the first step of the process of funding did end today. It is on to the next which I hope includes the groups like the internet

Jed54:  Rocker, how long do you think it will be before the rest of us get to be funded? Best guess?

Rocker66: I don't know and have never professed to know timing but with this done one can sort of sketch out a timeline. Either late tonight or tomorrow, we will have word of the proposed timeline. If it can be shared, Bill will be able to

Rocker66 : The other thing is Super P's were funded Tuesday and have a 72 hour strike price to set and then funded. So, this falls in line with bonds and currency

Rocker66:  Zim was given the go ahead today but I do not think that has started based off of some information we received


Gnosis:   what was completed today?

Rocker66:  gnosis, it appears all groups with SKR's were funded. However, that does not mean the individual Sellers within the groups are ALL liquid yet. Some are

Kermit53:  Interesting that we are hearing a lot more of the Zim exchanges and almost nothing about other currencies

Rocker66:   Kermit, 10 days ago the others started to become liquid. Bill has independent information of that.

Gnosis:  so with end of SKR groups are we next in line?  or is someone else in front of us?

Soupkettle:  Rocker...and liquid means they NOW....RIGHT NOW have spendable cash?

Rocker66: Liquid only means one thing which is you can take your card and go to the ATM. Liquid but not released is an oxymoron

Scotchie:  Awake-in-3D was om Gerry's call today, and one thing that was professed was:::GERRY: YES, NO ONE GET PAID UNTIL EVERYONE GETS PAID.

Rocker66 :   Scotchie, it is factually incorrect

TerryMac:  As per Awake-in3D:SKR accounts are FULLY funded. Paymaster needs authorization from Gov. to release those funds and make them CA$H accessible. GREAT NEWS: SKRs funded -We will be funded NEXT and no one gets CA$H access until we have all exchanged -What could be more fair ?

Rocker66:  Ok, I was just popping in. Moving forward, please read my information as the state of affairs as I know it. I am not here to convince anyone of a timeline or believe what I post. I don't know the others like Awake so can't respond to that. I am keeping the room abreast of what I know because I told Bill I would. Take it, leave it but we hope for the best

Rocker66:  This is not a me against those that believe otherwise. Take it with descernment and vet it with your own contacts or information