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Thursday, December 22, 2016

HOW MANY CURRENCIES ARE RE-DENOMINATING OR RESTRUCTURING, 22 DEC

HOW MANY CURRENCIES ARE RE-DENOMINATING OR RESTRUCTURING

December 21, 2016


HOW MANY CURRENCIES ARE RE-DENOMINATING OR RESTRUCTURING AND WHY??? WHAT ARE WE SEEING TAKING PLACE AROUND THE GLOBE? BELOW IS JUST A SMALL SAMPLING OF RE-DENOMINATIONS THAT ARE TAKING PLACE. WHAT IS THE COMMON DENOMINATOR PROBLEM AMONG THESE COUNTRIES?
WHAT PROBLEM ARE THESE GOVERNMENTS AND CENTRAL BANKS TRYING TO TACKLE? I’M NOT GOING TO GO TOO DEEP INTO BLACK MONEY BUT THAT IS THE PROBLEM FACING THESE COUNTRIES. GOVERNMENT CORRUPTION AND POOR BANKING PRACTICES ARE CAUSING AN IMBALANCE IN THE MONETARY SYSTEM AND THE LOSS OF CONFIDENCE IN THE LOCAL CURRENCY. YOU CAN READ ABOUT THESE COUNTRIES IN YOUR OWN TIME AND THERE ARE MANY MANY MORE THAT ARE RESTRUCTURING BOTH IN DEVELOPING AND DEVELOPED ECONOMIES EVERYONE IS CLEANING IT UP.
Central Bank of Indonesia revives plan to redenominate currency
http://www.economicswire.net/central-bank-of-indonesia-revives-plan-to-redenominate-currency.html

India’s demonetization and Korea’s currency reform
http://www.koreaherald.com/view.php?ud=20161216000706

Iran’s Cabinet votes to change national currency
http://www.al-monitor.com/pulse/originals/2016/12/iran-cabinet-vote-rial-toman-redenomination-name-change.html

Venezuela’s Bolivar Redenomination Will Fail
https://www.cato.org/blog/venezuelas-bolivar-redenomination-will-fail

High time for currency redenomination in Koreahttp://www.koreaherald.com/view.php?ud=20160623000988

Belarusian official currency redenominated
http://eng.belta.by/economics/view/belarusian-official-currency-redenominated-92672-2016/

Time To Redenominate The Naira
http://leadership.ng/opinions/548890/time-to-redenominate-the-naira

Iraq Planning Currency Redenomination
http://www.rferl.org/a/Iraq_Planning_Currency_Redenomination/1950504.html

Zimbabwe ditches its dollar, ending an economic era
http://theconversation.com/zimbabwe-ditches-its-dollar-ending-an-economic-era-43263

Turkmenistan Redenominates Currency, Further Dismantles Personality Cult
http://www.rferl.org/a/Turkmenistan_Redenominates_Currency_Further_Dismantles_Niyazov_Personality_Cult/1365812.html

OK SO NOW AFTER READING THESE ARTICLES YOU CAN SEE WHAT THEY HAVE IN COMMON RIGHT? BLACK MONEY.
BUT WHAT IS BLACK MONEY?
Black money is money which is earned through any illegal activity controlled by country regulations. Black money proceeds are usually received in cash from underground economic activity and, as such, is not taxed. Recipients of black money must hide it, spend it only in the underground economy, or attempt to give it the appearance of legitimacy through money laundering.

http://www.investopedia.com/terms/b/black-money.asp#ixzz4TV9dJGGV

I STARTED THIS SERIES WITH THE TOPIC OF WHAT IS MONEY? THE REASON FOR THAT WAS SO YOU COULD UNDERSTAND HOW IT WORKS AND THE REASON FOR THAT WAS THAT YOU COULD UNDERSTAND RE-DENOMINATING SO THAT YOU CAN VERY SLOWLY START TO UNDERSTAND HOW THE GLOBAL FINANCIAL SYSTEM WORKS..
TRUST ME I’M TAKING YOU ALL SOMEWHERE BUT I NEED TO DO IT IN SMALL CLIPS SO NO ONE GETS LOST. THERE ARE TRILLIONS AND TRILLIONS AND TRILLIONS OF DOLLARS OF PRIVATE CAPITAL THAT ARE WAITING TO BE DEPLOYED TO HELP SUPPLEMENT GOVERNMENTS IN UNDERDEVELOPED COUNTRIES TO BUILD SUSTAINABLE INFRASTRUCTURE AND THIS CAPITAL IS NOT GOING TO BE PUT AT RISK IN CORRUPTION LADEN GOVERNMENTS.
IF YOUR WONDERING WHAT I’M TALKING ABOUT PLEASE GO BACK INTO MY ARCHIVES AND READ THE POSTS I’VE DONE ON PRIVATE CAPITAL OR YOU CAN GO READ ABOUT IT HERE.
http://www.climatebonds.net/

NOW YOU UNDERSTAND RE-DENOMINATING AND I HOPE YOU REALIZE IT HAS NOTHING AT ALL TO DO WITH VALUE CHANGING OR EXCHANGE RATES OR SPECULATING. I HAVE BEEN TRYING TO GET EVERYONE TO UNDERSTAND THE CHANGES THAT ARE TAKING PLACE AND THE REASONS BEHIND IT. THERE IS A NEW GLOBAL FINANCIAL SYSTEM BEING USHERED IN AND EVERYONE IS IN A MAD RUSH TO PREPARE TO BE A PART OF IT.
THE PIECE I DID ON “CLICK BAIT” IS TELLING EVERYONE TO STOP WAITING FOR A CRASH OR A COLLAPSE OR ANY SUCH CRAZY THING AND INSTEAD LOOK AT THE TRANSITION THAT IS TAKING PLACE RIGHT IN FRONT OF EVERYONE AND STILL MOST FOLKS ARE MISSING IT.
I WILL KEEP WRITING ABOUT THIS TOPIC BUT IT WOULD BE MUCH BETTER IF EVERYONE COULD JOIN ME FOR A LIVE STREAM ON YOU TUBE THURSDAY NIGHT AT 9 PM EST. I WILL BE JOINED BY MY SKYPE ROOM INCLUDING NOVA AND MEMPHIS.
IF THIS TOPIC INTERESTS YOU PLEASE SUBSCRIBE TO ME ON YOUTUBE SO YOU CAN FOLLOW ALONG AND GET SCHEDULES OF UP COMING STREAMING’S. https://www.youtube.com/channel
/UCVag77Lswgq9KmKGwufuJjA OR YOU CAN DROP IN ON OUR CALL 712-775-7035 AND THE PIN IS 637708# 

SOMETIMES THINGS GET LOST IN THE TRANSLATION IN PRINT SO IT’S ALWAYS BEST TO EXPLAIN THINGS LIVE IN QUESTION AND ANSWER FORMAT. SO PLEASE JOIN ME IF YOU CAN THURSDAY NIGHT AT 9PM.

IN THE MEAN TIME LOVE TO ALL ….ML

Thanks to Ssmith at: http://www.dinardaily.net

DINAR GURUS UPDATE, 22 DEC

12-22-2016   Intel/Newshound Guru Backdoc   SINCE PRESIDENT MASUM RECEIVED THE BUDGET WITH CHANGES ON THE 18th IT BECOMES LAW EVEN WITHOUT HIS SIGNATURE WITHIN 15 DAYS.  I'M GLAD ITS ALREADY SIGNED.  INTERESTING THAT 15 DAYS TAKES US TO JAN. 2 nd! JUST AS FRANK [Guru Frank26] SAYS THIS IS PRECISION TIMING.  BLACK GOLD, MARKETS REACHING A MILESTONE, AND CONTRACTS WHICH MAKE THE BUDGET NUMBERS WORK.  THIS IS NOW DOWN TO TIMING.  LET'S ALL ENJOY THE PROCESS FROM LAUNCH TO THE REAL VALUE AFTER MARCH 20 th.   [post 2 of 2]

12-22-2016   Intel/Newshound Guru Backdoc 
  I'M WATCHING OIL VERY CLOSELY...I KEEP THINKING OF THE ISX BEING CLOSED FROM THE END OF THE TRADING DAY ON MONDAY THE 27th!  I THINK ITS LIKELY THE WINDOW COULD START AT THAT POINT UNLESS THEY CONTINUE TO BLOCK INTERNATIONAL STOCK TRADES UNTIL THE NEW YEAR.  IF AN INTERNATIONAL RATE OCCURRED PRIOR TO THE 28th STOCKS WOULD HAVE TO BE BLOCKED FROM TRADING INTERNATIONALLY IF THEIR PLAN IS TO IMPLEMENT ON JANUARY 1st RIGHT?  [post 1 of 2....stay tuned]

12-22-2016   Intel Guru Frank26   IMO...they are completing the RI ...and I believe in all honesty this happened this past week.  When the RI occurred this last week...Iraq was taken out of “time-out” and brought back into the International Club.  I believe that the “float” for the IQD started a long time ago.  IMO ...based on the numbers we are calculating ...it will be before Christmas...many banks that are now selling the IQD...IMO...the banks in the USA are ready or are in position to exchange the IQD at whatever rate it wants to be.   ...CitiBank...they said they are not exchanging the IQD yet...but the guy on the phone said they are waiting for an update on the rate.  Again...there will be no fanfare...  This week is an interesting week.   [post 3 of 3]

12-22-2016   Intel Guru Frank26   There is another set of numbers...(total of 3 by the way).  These numbers will deal with the budget paying its bills / loans.  It is part of a float ...but the float will catapult the price of oil even further.  The 1st numbers will deal with the debt/deficit that they have. The 2nd set of numbers will pay for their bills.  Neither of these numbers have been reached ...yet.  The number of the oil in the contract is what matters.  The 1st set of numbers should be in the budget at 1 to 1...(for 3 months)...The float that goes into the 2nd set of numbers (that goes into the contracts).  The 3rd set of number...(towards the end of 3 months)...these deal with the numbers that are CAPPED.   ...as oil floats...the rate will also float.  [post 2 of 3....stay tuned]

12-22-2016  Intel Guru Frank26   The 2017 budget is signed...but if it’s not fueled properly...it won’t accomplish anything.  The usage of its OWN currency in needed.   ...historically...and for the first time it is signed and ready to launch based on certain numbers.  ...we have calculated the numbers that are necessary that must be in the budget.  The price of OIL is not the only factor...but IMO...is the LARGEST factor  ...the oil prices in December will climb to around 60...and in 3 months ...around March 2017...we should see it in 100 to 120 range...then in the summer it will go back down around 60.  The budget needs to maintain itself somewhere around 60... this number is what we are looking for with Brent and WTI oil.  This budget is very close to being released.  Calculations are to the point to where the budget is going to work.  The number we came up with...IOO...will maintain the 1 to 1 rate.  [post 1 of 3....stay tuned]

12-22-2016   Intel/Newshound Guru Mnt Goat   We know that Vietnam had a 5 year moratorium put on their currency as penalty for money laundering for China. This was done around 2011. Then they signed up for with the IMF much like Iraq is now experiencing in its SBA. They have made great progress and are moving forward very quickly. In fact it is almost unbelievable what progress they too have made. They too, like Iraq, are under the IMF “sustainability” reforms. Do you know the Dong almost revalued in the past to a significant amount, but due to corruption was held  back. So like Iraq this period is coming to an end as the needed financial reforms are kicking in.

12-22-2016   Intel Guru ADMINBILL 
  SOME FEEL, WITH BANKING CONNECTIONS THAT IT IS ANY MOMENT...STILL OTHERS BELIEVE BY FRIDAY IS NOT DOABLE….. THE 26TH AND BEYOND BEING MORE REALISTIC.
 
12-22-2016   Newshound Guru Aggiedad77   This is all solely my opinion...but I got to thinking about the price of oil...the $60/barrel price is key...the reason so...IMO...is that the $60 price is Brent Crude price...it is always...always higher priced than the Iraqi oil will be per barrel...So at $60/barrel Brent...break-even maybe...hopefully for the Iraqi budget...above that point...gravy rolling in for the Iraqi's...sure we pay more at the pump as it goes up...but this is an instance where I wouldn't mind that if it brings on an RV for the world...again all IMO.

Restored Republic via a GCR as of Dec. 22 2016

Restored Republic via a GCR as of Dec. 22 2016

Compiled in the early morning hours EST of 22 Dec. 2016 by Judy Byington, MSW, LCSW, ret, CEO, Child Abuse Recovery www.ChildAbuseRecovery.com; Author, "Twenty Two Faces," www.22faces.com.

A. Dec. 21 2016 4:35 pm EST Veritas Report: "Unbelievable" - VERITAS Report - 12.21.16


1. The Zim is going to be treated as a bond. It is important for the New Powers that Be to gather up the Zim and take it away once redeemed. It will not be used for currency.

2. The dinar is out and building value. As soon as it reaches the right level, we will see our release.

3. They want the smaller demons of the Dinar off the street, too.

4. They are tearing their hair out to get this done.

5. Internet groups have always been very important in this process. It has not changed.

B. Dec. 21 2016 3:55 pm EST on Zim rate: "Interesting Intel I have" - Guest Post by TylerM1. I have been following currencies for four and a half years. Today on the fiscal.treasury.gov website they have rates of exchange dated Sept. 30 2016. It shows the ZIM as 1 to 1 with USD! 

2. Rates link: https://www.fiscal.treasury.gov/fsreports/rpt/treasRptRateExch/currentRates.htm

3. If you go to their contact page it gives numbers you can call for questions. I called Andrea Pearson and left a voicemail. She returned my call and verified the rate for the Zimbabwe dollar was correct at 1 to 1 with the US dollar.

4. She couldn't tell me where to exchange, maybe the Bank of Zimbabwe. We laughed.

5. Andrea Pearson sent me an email confirming the rate in writing.

6. I'm so pumped. We have to be close.

C. Dec. 21 2016 TNT Call with RayRen 98 Replay: (link: http://iTeleseminar.com/92958987) iTeleseminar.com/92958987 #wearethepeople

1. The banks are expecting this GCR/RV to happen before Christmas.

2. The intel received indicates that if the GCR/RV doesn't occur before Christmas, then it will happen right after.

3. Several banks are accepting the Dinar and are waiting for the new rates to be available.

4. At the latest the new rates of the Dinar will be available by Jan. 1 2017.

D. Dec. 21 2016 Info on Exchanging: "Intel" - Guest Post by Hope For All

E. Dec. 21 2016 Summary of Events Dec. 20: Wednesday, December 21, 2016: Restored Republic via a GCR: Update as of December 21, 2016

F. Dec. 20 2016 10:56 pm EST Statement of NY Mayor Rudy Giuliani: Official Statement from Mayor Rudy Giuliani -- PizzaGate Scandal, Pedophile Ring, Fake News, 9/11 Cover-up and More http://archive.is/IDBh5
Resources:

RV Intel/Thoughts/News - All Posts for December 20, 2016

Restored Republic via a GCR: Update as of December 21, 2016

Restored Republic via a GCR: Update as of December 20, 2016

"Twilight Zone" - WSOMN AdminBill Intel 12:01 AM MST 12-20-16

"Oh my, Oh my" - VERITAS Report - 12.20.16

The Big Call w/ Bruce Intel Notes by PinkRoses 12-20-16 

"Exchanging by Christmas" - Tues. PM WSOMN Intel/Thoughts

Official Statement from Mayor Rudy Giuliani -- PizzaGate Scandal, Pedophile Ring, Fake News, 9/11 Cover-up and More

http://archive.is/IDBh5

"Intel" - Guest Post by Hope For All

(link: http://iTeleseminar.com/92958987) iTeleseminar.com/92958987 #wearethepeople

https://www.fiscal.treasury.gov/fsreports/rpt/treasRptRateExch/currentRates.htm

fiscal.treasury.gov

"Interesting Intel I have" - Guest Post by TylerM

"Unbelievable" - VERITAS Report - 12.21.16


Six year-old Jenny Hill claimed that she was tortured and witnessed a human sacrifice: http://www.youtube.com/wat?v=F626Lsrdwg4. Her torture and murder of the other child was overseen by a Nazi mind control agent brought into the US by the CIA after World War II. In her biography "Twenty Two Faces" Hill thus exposed a centuries-old International Human Sacrifice Ring run by Cabal global elites. This child exploitation was recently uncovered in the Pizzagate Scandal, International Tribunal into Crimes of Church and State and former NY Mayor Rudy Giulanai: http://beforeitsnews.com/contributor/pages/243/590/stories.html. Official Statement from Mayor Rudy Giuliani -- PizzaGate Scandal, Pedophile Ring, Fake News, 9/11 Cover-up and More http://archive.is/IDBh5

We will be eternally grateful for those heros who bravely fight this Ninth Circle Satanic Cult and their ongoing rape, torture and murder of innocent children. These heros included the "White Hats," Kevin Annett's ITCCS and Tim Ballard's Operation Underground Railroad. You are invited to help eradicate this unthinkable sex trafficking of children by donating your time and/or funds to the ITCCS: Welcome to ITCCS.ORG and The International Tribunal into Crimes of ... and Operation Underground Railroad: Operation Underground Railroad.

MNT GOAT UPDATE, 22 DEC

Hi Everyone,
 
I bring you much news today.  First let me say that I don’t care who tells you otherwise or what ridiculous story they tell you to substantiate their claim. Read my lips – THE REVALUATION OF THE IRAQI DINAR HAS NOT HAPPENED! The country of Iraq is still mandated to use the provisional rate as dictated by the CBI. This rate is subjected to the market rate of about 1180 – 1300 dinars to the US dollar. I will back up these statements today with FACTS as you read on in today news letter.
 
Okay so a few banks are now selling and buying the Iraqi dinar once again in the western countries. I do not yet see it in Europe.  If you can remember back before 2011 many of these same banks also exchanged dinar but then soon pulled away from this currency. So you first have to understand why they did this?


There are many reasons. First it was the lack of security in the country once the US forces pulled out. Remember currency trading is highly speculative. Second it was the Maliki actions against the CBI in 2012. So they did this not so much because you investors pestered the banks with your questions and anticipation of some RV, as many "intel gurus" told you. This is NOT all about you.

So in actuality they pulled away because of the exposure to the Federal Reserve and  were told to no longer to trade in the currency of Iraq since Iraq was still in sanctions. Kind of like "spanking" the banks....lol...lol...
 
So what happened today (what changed) since some of the banks are back trading the Iraqi dinar?
 
Legally they could have resumed trading the Iraq dinar since June 2013 (when Iraq was lifted from many sanctions), but chose not to do so until they received the legal approval from the Federal Reserve (since they were reprimanded in the past). The change that occurred - The USA no longer supported the Maliki administration and there were fears the country might go down-hill really fast if the did. This is why! Get it?  This is also based on the successes against ISIS and the recent statements made by the IMF over the success of the SBA reform progress.
 
So this approval is geared more towards the movement of the Iraqi dinar from article 14 to article 8 of the UN charter under mandates for member nations. This is, of course, terrific news for Iraqi currency investors. Just remember things do not move on your schedule and take time to roll out and get communicated. (in other words flow downstream). Article 8 means to operate under “international” constraints and Iraq now has new obligations under Article 8. They have proven worthy of this move. So logically the currency is now more available to the banking system and is now showing up in many banks. It is simply that simple.
 
Remember also banks can refuse to trade in any currency if they chose to do so. Remember too they must make money somehow in any transaction. This is why they are in business. So not all banks may now have the Iraqi dinar.
 
Please let’s all relax and stay calm. The Iraqi dinar may now be international but the rate we all expected is not yet shown. This is exactly rolling out like so many good people have told you and you refused to listen. 
 
Many of you simply refused to listen to these people but instead insisted on all this everyday/ any day nonsense. They bring you the truth as I do also today. As I too said in the past there was NOT going to be some trigger (any  one trigger) that would be pulled and you would simply wake up the next day and see it international with the high rates you expected. All this GCR and 120 currencies revaluing at once is nothing more than not true. You only believed this because you heard it so many times from all the intel “gurus” that you believe it to be gospel. This is why they advertise on TV like they do. They do this to “drill” the information into your mind. Then when you go shopping you naturally migrate towards their way of thinking and buy their product. But with the Iraqi dinar revaluation you can think whatever you want from these gurus but this will not change the situation since they are not in control. 
 
So here we go again. I have told you this roll out would be slow and gradual. It has happened so far just as I was told and as I passed this info on to you.
 
The next step for the CBI- 

Now that they have moved to this point in the currency reform, it is my opinion (and backed by very good evidence), that the next move is to launch the lower denominations in Iraq and let them foster for a period of time. They have told us this action will occur in EARLY 2017.
 
Again read my lips – EARLY 2017!!!  Not before Christmas or before the new year but in EARLY 2017!!!!
 
Did you hear me? I said EARLY 2017!!!!
 
I want to spank anyone for telling you otherwise!
 
They will NOT yet raise the rate initially in this first move that just recently occurred. It does not mean the RV is going to happen before Christmas or before the end of the year.
 
So then what does it mean?
 
It simply means what it means and nothing more. Amazingly this is the TRUTH and there is no hype or greater anticipation here before this move occurred. So I certainly wish all these so called “intel gurus” would just learn to keep quiet. There is enough stress already with the holiday season upon us.
 
So don’t get scared on this next move of the CBI, which I believe will happen in very EARLY 2017.
 
So what will be this next CBI move?
 
What will happen is they will try to “shake the tree” and get as many of the three zero notes as possible from the general public. One last and final attempt. For instance the 25,000 dinar notes will be traded in for a combination of the new lower denominations. Both still worth 25 US dollars.
 
Many will say this is a log. So is this a lop?

L
in  h
 theory it would seem like a lop but in reality it is not since the 25 in lower denominations will then be worth 25 US dollars and there is no change in value…..yet as it looks on surface it might be. Not a lop since no change in value. Still under the 1180 – 1300 CBI restraints.

But in reality this is what they are doing:

The CBI is easing the new rate slowly and letting the economy adjust for inflations. By adjusting to the 1:1 with the US dollar, just as the CBI have told us so many times in articles would happen. So some combination of the new lower denominations will be worth $25 US dollars face value compared to the 25,000 dinar note after this move. Is this in itself not an adjustment upwards? But not yet an “official” “revaluation” and this is my point here today. Tricky, tricky, tricky…..lol…lol…

This is a tricky concept to visualize in your mind so be careful don’t think about it too much. But this is how they are going to raise the value and launch the lower denominations.

So to help you understand better let us compare this action to the LOP that is about to occur with the Iranian Rial. The CBI of Iran will allow trade in 10 Rials for every Toman. But the rate  of the Toman remains 39,000 Tomans for every US dollar. The rate just got worse since you now have more Rials to the Toman they lopped off 2 digits but the rate per Toman still remains. Do you see the difference in what is about to happen in Iraq compared to what is about to happen in Iran. Iran is about to undergo a huge LOP.

But this future EARLY 2017 action by the CBI is not yet a full “revaluation” since I also told you the plan is to officially revalue the currency in a short time afterwards. It could be a few days, a week or a few months.

That this initial 1:1 rate may not even show up at the banks since it may happen all so quickly and as I told you it takes time to trickle down. The rate you will most likely first encounter at the bank will be the rate over $3.22 or something like it.

More amazing news for this period……

Economy News / Baghdad printed this week saying quote from the World Bank, Iraq "one of the richest countries in the world on the face of the earth." Middle East director of the World Bank Farid Belhaj said that Iraq is "locked in a deep structural reforms and widespread at the same time, which is fighting a bloody war against the destructive power." Belhadj said that Iraq's wealth from oil and gas constitute a solid guarantee for the repayment of loans. " He pointed out that "Iraq is one of the richest countries on earth, Iraq has a huge potential, Iraq has the ability to pay its debts."(Hey Folks- it doesn’t get any more optimistic than this!)

The Kurdistan Regional Government has announced in a statement rejected the budget law, noting that it "does not guarantee the rights of Kurdistan and it is a serious political plan against Kurdistan Region."

Articles Begin

Kurdistan Regional Government to discuss with the Kurdish blocs in the Iraqi parliament's budget in 2017

Roudao - Erbil

The complexity of the Kurdistan Regional Government, on Wednesday, December 21, 2016 meeting with the Kurdish blocs in the Iraqi parliament to discuss the federal budget forthe 2017 law, has been postponed after the meeting , which was to be held last week at the request of four blocks.

The MP said the mass change, Masood Haider, network Roudao media, said that "block change decided to participate in the cabinet meeting to discuss the budget law," adding that "the budget is in the interest of the Kurdistan Region, because the federal law and the province remains part of Iraq."

For its part, the MP said the Kurdistan Democratic Party bloc, Najiba Najib, to Roudao: "We believe that the 2017 budget is not in favor of the Kurdistan Region, because it states that send money to Kurdistan will be according to the oil source and this violates the constitution and is presumably the conditions do not grant rights Kurdistan ".

Najib pointed out that "It is true that the budget law of a federal law, but its content is unjust, and that in previous years was of material there without the Baghdad implementation."

Furthermore, he said the head of the Islamic Bloc group, Ahmed Haji Rashid, to Roudao "It's the first time that the installation of the financial dues of Peshmerga in the budget law for 12 years," explaining that "the budget included a provision of 100 thousand fighters from the salaries of the Peshmerga, but there is no agreement on a specific number. "

He added that they have done everything in their power to secure the rights of the province of Kurdistan, acknowledged not being able to change some of the material to achieve the interests of Kurdistan, following up, "and the rest depends on the dialogue between Erbil and Baghdad."

The Kurdistan Regional Government has announced in a statement rejected the budget law, noting that it "does not guarantee the rights of Kurdistan and it is a serious political plan against Kurdistan Region."  (Here we go again, Is this more sectarianism? But his article is telling us the problems with the 2017 budget and that they are holding it up at the President level until they get these issues ironed out fully. President Masum will not ratify it until this is done. It is NOT yet in the gazette as I have told you before and this is the proof of it. Again Mnt Goat is right!)

CBI recommended, Tuesday, eight banks, including Islamist need to put its shares on the Iraq Stock Exchange
 
BAGHDAD / tomorrow Press An informed source said that the CBI recommended,Tuesday, eight banks, including Islamist need to put its shares on the Iraq Stock Exchange, setting by the end of this year  as the closing date.

A source at the bank who asked not to be named, said in an interview for "tomorrow's Press," that "a formal letter recommended the nine banks, including five Islamic banks, namely, (the world, the South, Ceyhan, Zain Iraq, the country), and the other four, namely, (Erbil International, Huda, the " .provincial trade) offering shares in the Iraqi stock market.
 
The source added, "The trading in the shares in the market contributes significantly and directly in local and foreign investment, development and believes the implementation of effective controls, the performance of these institutions and follow­up, indicating that the central bank gave these banks until the end of this year to sell shares in the market.  (there is it again…the end of year target…just saying what the article is saying…lol…) 
 
Structuring all banking offices and cash by the Central Bank

The parliamentary finance committee, said that the Committee agreed with the Central Bank of Iraq, the structuring of all offices of banking and financial transfer to the provinces, saying that the controls will be strict and not smooth. (this is the decentralizing of the banking system away from govt run to privatization. They will need this to succeed in a market driven economy)

He said committee member Ahmed met in a press statement that "all official offices specialized financial and banking transfer was working easy and smooth controls set by the central bank."

He added that "the central bank will change all of those controls and procedures more, pointing out that" the Central Bank will overhaul all banking offices and financial conversion, pointing out that the restructuring of offices will be exclusively for official offices, not phantom or unlicensed. "
 
And that "the Central Bank does not deal with unlicensed banking offices in the purchase of foreign currency in the financial auction by the government banks, pointing out that" the Finance Committee monitors the work of the central bank's role in dealing with banking offices. "

"Unbelievable" - VERITAS Report - 12.21.16

"Unbelievable" - VERITAS Report - 12.21.16   4:35 PM EST.
 
(Note: Re: Some negative rumor or post?  Not sure which one? )
Seriously? How creepy is it to post something like that? Someone really likes to mess with people who are in these internet groups. Just sick.

It is just the opposite. I only now saw the posts so I am sorry if you have had stress. Set it aside and don't give it any more energy. Now, let's look at this logically. It is pretty easy to debunk this.

I only have a few minutes, so let's look at Zim first. Remember, the Zim is going to be treated as a bond. It is very important to the NPTB to gather up the Zim. They will not be used for currency but will be taken away once redeemed.

There is no way they are going to leave so much of it out there with no where to go. Ridiculous.

The same thing with the dinar. It is out now, just building value. As soon as it reaches the right level, we will see our release. They want the smaller demons off the street on these, too.

Look, they are tearing their hair out to get this done. It is tough enough waiting without some jerk making everyone panic. Don't let them have you that way.

Internet groups always have been very important in this process. It has not changed.

Keep that positive energy going. It makes a difference!

You know, those stupid posts are like watching a screwed up parent smack their kid. I would sure love to meet some of them afterwards. I'll be sure to treat them to a McDonald's meal. Maybe one that's been sitting out for a day or two in the trash.

VERITAS

Copyright 2016 All rights reserved VERITAS WITTICISMS LLC

KTFA UPDATE, 22 DEC

KTFA:

Baker:   I walked into Citi Bank yesterday just to see what they would say. The teller was surprised when I asked if they sold the Iraq dinar.

She looked it up and said why yes we sell and buy dinar! I just wanted to see for myself.
Blessings to all the family!

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

Aggiedad77:  This is all solely my opinion......because Frank and his TEAMS know infinitely more than I do of the details concerning our investment....but I got to thinking about the price of oil.....the $60/barrel price is key.....the reason so....IMO.....is that the $60 price is Brent Crude price.....it is always....always higher priced than the Iraqi oil will be per barrel.....

Reason being is partially based on purity of the Iraqi oil....but also on how far it has to go to market.....transportation has to be factored into the price.....the Brent Crude is a major hub price for all oil of the world....even the WTI.....floats off the Brent as well.....again purity is a part of the picture.....but so is market transportation costs.....

That said.....when you see Brent at say $60/barrel.....the Iraqi oil depending on which purity is being sold.....can be as much as $15-20/barrel less......their budget for 2017 was set at either $42 or $43 per barrel.....so when Brent is at $60.....the Iraqi's are hopefully at a break-even point or maybe slightly better......however, all bets are off if they discount their oil prices to lure buyers....and they have been known to do that to undercut a neighbor like Iran.....which muddies the water even more......

So at $60/barrel Brent.....break-even maybe....hopefully for the Iraqi budget.....above that point....gravy rolling in for the Iraqi's......sure we pay more at the pump as it goes up.....but this is an instance where I wouldn't mind that if it brings on an RV for the world.....again all IMO......Frank if this is too much feel free to throw it in the trash can.....love ya bro.    Aloha   Randy

Frank26:  No Trash ................... More a Treasure ........... TY

WDOMN TIDBIT, 22 DEC

ADMINBILL:  GOOD EVENING. QUICK BREAK. SOME FEEL, WITH BANKING CONNECTIONS THAT IT IS ANY MOMENT……..

STILL OTHERS BELIEVE BY FRIDAY IS NOT DOABLE….. THE 26TH AND BEYOND BEING MORE REALISTIC.

RaginCajun:  HERE ARE THE OIL PRICES AND RATES GIVEN BY FRANK TONIGHT $56.00= 1 TO 1 ($1.15), 60-64=$3.71, 64-68=$4.42

MajiGirl:  I'm rooting for 64-68=$4.42