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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, October 31, 2017

Remittances at 1,000 IQD to 1 USD/350 companies compete for bonds

DINAR GURUS UPDATE, 31 OCT

10-31-2017   Newshound/Intel Guru Mnt Goat   Article:  "IRAQS ECONOMIC RECOVERY"   Quote:  "...WILL BRING IRAQ BACK TO THE RANKS OF THE DEVELOPED COUNTRIES, WHICH BRINGS US BACK TO THE GLOBAL EXPECTATIONS THAT IRAQ WILL BE THE EIGHTH TIGER AMONG THE SEVEN TIGERS after his salvation from the challenges he faced."  What do they mean that Iraq will become the “eighth tiger”?   ...the term “TIGER” economy is actually a known term used by economists. A “tiger economy” is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. Collectively this term refers to the economies of Indonesia, Malaysia, the Philippines, and Thailand, the four dominant countries in Southeast Asia.  ...Iraq will outpace #8 place from 2017 rankings and move into this ranking in 2018. I am not sure where the other tigers will end up ranked but we do know Iraq will take its place in the rankings as a TIGER.   Folks do you know just how amazing this news is?  No middle eastern country has EVER ranked in this category of TIGER economies, NEVER, EVER!  Can they do this without a currency being internationally traded? I don’t think so

10-31-2017   Intel/Newshound Guru sandyf
    One thing you can take to the bank is that if the Iraqi currency is ever redeemed following a significant rise in value, the exchange will not be 'normal'.

10-31-2017   Intel Guru Bluwolf   Main Source informed all personnel to be ready to start the exchange process. Let us pray that this be it finally.

10-31-2017   Intel Guru RayRen98    [What makes this week substantially different than any other week?]   The news – just go back and compare last week’s news with the week before, and all those items of what was protected [projected ?] to happen and what actually has happened:  provinces being liberated “in the coming days” – that is a stumbling block that is being removed, plus the HCL agreement that is now being settled.

10-31-2017  Intel Guru Dr. Clarke    OCTOBER. VICTORY! For Sure. For Sure. For Sure. ROCKtober!  The “Necessary” game changer.   MISSION ACCOMPLISHED!  Allaq. CBI. IMF. UN. Kurdistan. Barzani. Iraq. OIL. Money. OIL. President Trump. Saudi Arabia. Iran. Turkey. Syria. N. Korea. Russia-Uranium. Budgets. Taxes. OIL. Far East Region 10 Day Trip. OIL. Vietnam. Abadi’s ANNOUNCED Promises. China. Currency. Liberation. OIL. Freedom

10-31-2017   Newshound/Intel Guru Mnt Goat   Here is an interview with prime minister Abadi of Iraq.  Abadi covers some very interesting topics, all of which we are concerned about the re-building their economy, POLITICAL STABILITY and SECURITY. He comes right out and tells us what are the issues still pending.  He talks about the impact of ISIS and Daesh and the Kurdish referendum. He talks about the current problems and direction of Iraq.   Remember I said that when we are trying to figure out a timeframe for the RV, it is not the rate of the dinar that we should be so concerned about...But rather the VALUE of the currency based on the economics and status of the region.  The new rate (whatever it will be) will be a direct result of this increase in VALUE. So just remember there is still work to be done...  [reference Mnt Goat post 10-30-2017]  
10-31-2017   Intel Guru RayRen98   [Dinar rate...was the $3.71 in your update. It’s been hovering around that number in your previous updates – do you think that’s what it will be, or close?]  Yes, although recent hints speak of it being a little higher, possibly.

"RV/GCR Insight and Thoughts" by Truthseeker , 31 OCT

Entry Submitted by Truthseeker at 9:09 AM EDT on October 31, 2017


In today's post I would like to provide some insight on several topics that are being shared throughout the Dinar Community. 


First off, I would like to review the topic of an "RV/GCR date". So throughout my journey of 7+ years I've heard hundreds if not thousands of predicted RV dates that have all come and gone. I am not bashing any Intel providers but I cannot envision a true RV date ever being shared with the masses. Let's look at the reasons why I do not envision that to happen; 


1. Because so much time has elapsed, IMO there are well over 40 million speculative investors in the IQD alone. 


2. Because of this IMO the NPTB will never provide or allow to seep out a true RV date. If that did occur there would be 30+ million (alert investors) ready to pounce at any given moment.


3. Because of everything I stated above, IMO I severely doubt we Dinarian's will never get a "heads-up" just prior to the RV (but I remain positive because there is no verifiable information anywhere stating we Dinarian's will not be allowed to exchange) 


Now let's review the rates. IMO because of the number of investors in the U.S. and globally (40+ million), I feel the NPTB will do everything possible to pay all investors and at the same time limit their exposure, i.e., the amount they have to payout. In order to do this IMO I foresee the IQD RV surfacing somewhere between .10 and .30 with a disclaimer stating all three zero notes (outside of the country of Iraq) must be exchanged within a certain time period, between 2-weeks up to a month. I would then expect a 2nd RV to occur, after the three zero note expiration has expired (outside the country of Iraq), placing the IQD on par with it’s neighbor Kuwait. By doing this, the NPTB will be able to pay all investors (keeping the masses as calm as possible) and be able to increase the value of the IQD without having to fund insane amounts of money to 40+ million investors. I know that's not what most investors want to hear, but that is how I envision the RV to take place. 


Overall picture: 


There are a lots of Intel Providers, News Hounds and Information Gathers around the globe who are spending countless hours day-after-day trying to find and provide the latest information to share with the invested Dinar Community. The thing to remember above all else is the fact that we are all on the same ride headed in the same direction for the same purpose, to try and make the lives of our friends, families, communities and (our) country a better place for all of us to live. Because we are dealing with the revaluation and/or devaluation of so many countries (190+) it is pretty much impossible for any Information Gatherer to be 100% accurate. 


Here is something we can all do, say your prays and hope we can pray the RV/GCR into existence. 


10.31.2017


GO RV! 
Truthseeker

DAZ UPDATE, 31 OCT


DAZ:   ITS EASY TO BELIEVE IN JUST THE FACTS

I SUSPECT MUCH OF THE STUFF WE HAVE HEARD FROM ALL OVER THE NET OVER THE YEARS CONTAINS AN ELEMENT OF TRUTH..SOME MORE THAN OTHERS OF COURSE.

I DETERMINED LONG AGO THAT THERE HAVE BEEN VERY FEW DELAYS IN THE PROCESS. BUT THERE HAVE BEEN A LOT OF COURSE CORRECTIONS AND FALSE STARTS...AND THE RV WAS EVEN USED AT TIMES AS A TOOL TO PRY OPEN A FAULT OR WEAK SPOT THAT NEEDED REPAIR OR ARREST.

WITH ALL PROCESSES YOU MUST SET GOALS AND THOSE GOALS ARE MARKERS TO MEASURE PROGRESS TOWARDS A FINAL SUCCESSFUL RESOLUTION.

SOMETIMES THOSE GOALS ARE HIT...AND SOMETIMES THEY ARE MISSED...BUT EITHER WAY YOU ADAPT, ADJUST AND TRY TO NAVIGATE A NEW OR MORE SUCCESSFUL PATH TO THE END OF IT...ULTIMATELY, IT IS JUST A PROCESS.

I ALWAYS GO BACK TO A SINGLE PIECE OF INFORMATION THAT IN PART, SHOWS CLEARLY A FEW SIMPLE FACTS. AND FOR ME, ITS THE FOUNDATION OF MY CONFIDENCE AND TRUST.

WITH THAT SAID, LETS LOOK AT WHAT WE "KNOW".
__________________________________

IRAQ HAS ALWAYS BEEN A WEALTHY, RICH CULTURE WITH A STRONG HERITAGE AND SIGNIFICANT HISTORY.

IRAQ ALWAYS HAD AMPLE RESOURCES AND A STRONG ECONOMY... IN ITS OWN RIGHT.

THEIR MONEY ALWAYS HAD VALUE, HISTORICALLY AND CONSISTENTLY.

DUE TO PRESSURES TO ENACT A LIBERATION OF IRAQ AND EFFECT A REGIME CHANGE...A COALITION OF NATIONS "TURNED OFF THE MONEY (DINAR)" AS PART OF A WAR EFFORT AND STRATEGIC ASSAULT TO DEBASE THE FINANCES OF REVOLT, RESISTANCE AND INSURGENCY AGAINST THAT CHANGE IN 2004.

THERE WAS, AND STILL IS, A PLAN TO GIVE REBIRTH AND REVITALIZE THAT ECONOMY, INFLUENCE THAT CULTURE AND, EVENTUALLY EMBRACE IRAQ, ITS PEOPLE AND THEIR WEALTH AND TRADE INTO THE GLOBAL ECONOMIC FOLD.

AND, WHEN A SATISFACTORY CONDITION AND ALIGNMENT OF ALL THE VARIOUS INTERESTS AND POWER STRUCTURES INVOLVED HAVE REACHED A POINT OF REASONABLE SATISFACTION THAT THEIR INTERESTS AND GOALS ARE MET...  THEY WILL JUST AS SIMPLY.... "TURN THE MONEY BACK ON".

IT WILL ALL COME TOGETHER WITH A PUBLIC RELEASE AND PERMISSION FOR ALL OF US TO EXCHANGE IN ANY MANNER WE WANT, ALMOST ANYWHERE WE WANT...AND IT WILL BE A SAFE, ORGANIZED, ULTIMATELY FAIR AND REASONABLY SIMPLE BUSINESS TRANSACTION.

HANG IN THERE BUT...KEEP LIVIN'.

WE'RE READY WHEN THEY'RE READY.

BLUWOLF TIDBIT, 31 OCT

Main Source informed all personnel to be ready to start the exchange process. Let us pray that this be it finally.

Bluwolf

TNT Rayren98 Dinar Call

DR. CLARKE UPDATE, 31 OCT

YOU DON’T UNDERSTAND.

EVERYTHING is in our 7-27-17 Post (LINK). It’s All There…..as we’ve directed to, so many times over the past 3 months.

OCTOBER. VICTORY!
For Sure. For Sure. For Sure.

ROCKtober! 

The “Necessary” game changer.

MISSION ACCOMPLISHED!

Allaq. CBI. IMF. UN. Kurdistan. Barzani. Iraq. OIL. Money. OIL. President Trump. Saudi Arabia. Iran. Turkey. Syria. N. Korea. Russia-Uranium. Budgets. Taxes. OIL. Far East Region 10 Day Trip. OIL. Vietnam. Abadi’s ANNOUNCED Promises. China. Currency. Liberation. OIL. Freedom. 
7-27-17 Post. EVERYTHING is there.

2017.

“SEE” what’s Next.

DR. CLARKE

P.S. You may Hate us NOW, but you’ll LOVE us soon. 
(Well, not everyone. We really don’t care, what ANYONE ELSE says or thinks)

7-27-17 Post.

It Happens VERY Suddenly.

BE THANKFUL!…..It’s THAT time of Year..…it’s time to PREPARE for THANKSGIVING……it’s only 3 weeks away!

(FYI - The “World Shocker of Shockers” is: The U.S. - Russian Uranium deal disclosure……Boom!…..just getting cranked up)

7-27-17 Post.

We’re WINNING!

We CHOOSE to be here.

In our Free, Expectant, Unwavering, Unpopular, Steadfast, IL-Logical, OPINION.

MORE B.S. on the way……Next time……if you CHOOSE. Wisely.

IQD CHAT, 31 OCT

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Tuesday  10-31-17 

chattels: BAGHDAD (AP) — With the Islamic State group driven from nearly all of Iraq, U.S. officials have suggested that the thousands of mainly Shiite paramilitary fighters who mobilized against the Sunni extremists three years ago lay down their arms. But Abu Mahdi al-Muhandis, who once battled U.S. troops and is now the deputy head of the state-sanctioned Popular Mobilization Forces, says they are here to stay.

“The future of the (PMF) is to defend Iraq,” he told The Associated Press in his first extensive interview with a Western media outlet. “The Iraqi army and Iraqi police say they cannot operate without the support of the Hashd,” he added, using a shortened Arabic term for the paramilitary force.
 ...
 http://www.rudaw.net/english/middleeast/iraq/30102017

chattels: Iraqi militia commander brushes off US call to disband

https://apnews.com/53c651ccfcbb469082ccba0cc8e40874/Iraqi-militia-commander-brushes-off-US-call-to-disband

chattels: I posted the following this morning : Worth the read, IMO. Opinion - Breaking the silence on Kurdish rights By GARY KENT http://www.rudaw.net/english/opinion/30102017

chattels: Iraq to end decades-old policy of semi-independent rule in Kurdistan, says PM Iraq Reborn: In an exclusive interview for Patrick Cockburn's new series on the resurgence of this key Middle Eastern nation, Prime Minister Haider al-Abadi reveals how Baghdad will hammer home its twin victories over Isis and the northern Kurds

http://www.independent.co.uk/news/world/middle-east/kurdistan-iraq-prime-minister-abadi-interview-independence-haider-baghdad-kirkuk-patrick-cockburn-a8028201.html

chattels: I am a confessed Kurdish sympathizer which I am sure skews my view, but hear me to say that I do not think that this is over by any means. The Kurds will be free of the GOI in " due course ".

chattels: Washington praises Barzani's renunciation of power and calls Erbil for dialogue with Baghdad

http://www.alliraqnews.com/modules/news/article.php?storyid=67684

chattels: What is the kurdistan " High Political Council " ?

chattels: " President Masoud Barzani will remain in Kurdish politics as leader of the High Political Council "

http://www.rudaw.net/english/kurdistan/291020175

blackgold: oh so you finally decided to show up
blackgold: I need an attorney

mountainwest74: chattels - I believe Abadi made a recent statement of regaining control of all Iraqi areas.

chattels: @mountainwest74 Michael P Pregent‏ @MPPregent 21h21 hours ago If Abadi is "our man in Baghdad" why is he picking Iran over a "70 nation coalition"?

chattels: @mountainwest74 Michael P Pregent‏ @MPPregent 21h21 hours ago Michael P Pregent Retweeted Michael P Pregent Everything US wants Abadi to get credit for is going to Ameri & Mohandes - they don't need his approval to do a thing - US in denial here

chattels: @mountainwest74 Michael P Pregent‏ @MPPregent 22h22 hours ago Abadi is not "our man in Baghdad" - he was Maliki's Deputy when Maliki was "our man in Baghdad" Maliki reminds him of his place everyday

chattels: Kurdish crisis imperils US anti-terror fight in Syria

https://www.al-monitor.com/pulse/originals/2017/10/kurdish-crisis-krg-border-crossing-us-fight-islamic-state.html

chattels: My unspoken corollary has always been that as the Kurds go, so goes our investment.

chattels: I am afraid that the Kurds / we are not looking too good these days.

chattels: Abadi: Peshmerga must come under Iraqi control, or downsized By Rudaw

http://www.rudaw.net/english/middleeast/iraq/31102017

chattels: Abadi said that Iraq’s federal authorities will impose exclusive control over all international entry points to and from the Kurdistan Region, including airports.

chattels: Abadi told the Independent that the Shiite Hashd al-Shaabi forces should not to play any role in the 2018 elections.

chattels: " should not " ???

[pm]Doug_W: AMAZING

chattels: Abadi: We will end decades of semi-autonomous government policy in Kurdistan

http://www.alliraqnews.com/modules/news/article.php?storyid=67702

chattels: Parliament votes to proceed with the amendment of the proposed amendment to the election law http://www.alliraqnews.com/modules/news/article.php?storyid=67716

chattels: Parliament votes not to allow any non-federal forces to be present in Kirkuk and disputed areas

http://www.alliraqnews.com/modules/news/article.php?storyid=67710 ​
​chattels: Parliament extends legislative term 30 days

http://www.alliraqnews.com/modules/news/article.php?storyid=67709

chattels: The House of Representatives raises its meeting to tomorrow

http://www.alliraqnews.com/modules/news/article.php?storyid=67719

chattels: David M. Witty‏ @DavidMWitty1 25m25 minutes ago Iraqi 7th Div & Tribal forces advancing on Abidi area in W Anbar, between Rawah & Qaim centers. http://mobp.as/yuVWj

chattels: David M. Witty‏ @DavidMWitty1 Following Following @DavidMWitty1

http://wataniq.com/news?ID=21149 Iraq Forces storm center of Abidi area in W Anbar.

chattels: Florian Neuhof‏ @FlorianNeuhof 4h4 hours ago 2017 is not getting any better for the #Kurds. But lets see how far Abadi goes with this.

http://www.independent.co.uk/news/world/middle-east/kurdistan-iraq-prime-minister-abadi-interview-independence-haider-baghdad-kirkuk-patrick-cockburn-a8028201.html … #Iraq #KRG

chattels: @mountainwest74 What are Iraqi areas ?
chattels: @mountainwest74 Many say such is defined by the 2003 border(s)

 

Restored Republic via a GCR Update as of Oct. 31 2017

Compiled 12:01 am EDT 31 Oct. 2017 by Judy Byington

A. Oct. 30 2017 1:53 pm EDT GCR Intel Alert: Operation Disclosure GCR/RV Intel Alert for October 30, 2017 https://operationdisclosure.blogspot.com/

1. Paymasters, Bank Managers and Call Center personnel were waiting for the Exchange to begin.

2. The current window for 800# release remains open for 38 more hours.

**********

B. Oct. 30 2017 TNT Call: iTeleseminar.com/102699480

1. Dinar in country rate was $3.71.

2. On Sun. Oct. 29 the Kurd leader announced his resignation as of Nov. 1.

3. On Sat. Oct. 28 the Bank of Iran increased their Rial 300 Rial to 1 USD.

**********

C. Oct. 30 2017 9:55 am EDT Fulford Report: "Is Trump too Scared to Name..." - Fulford Report (Excerpt) - 10.30.17

1. Last week U.S. Corporation President Donald Trump announced he would release all records related to the assassination of President John F. Kennedy, “other than the names and addresses of any mentioned person who is still living.”

2, In other words, there would be no mention of the involvement of George Bush (Scherf, Pecce) Sr. and the Vatican P2 Freemason lodge fascist New World Order faction.

3. Pentagon officials: “Trump muscled the CIA, Mossad, the FBI, and the Bush cabal to release ALL JFK files, since [then Israeli Prime Minister] Ben Gurion wanted JFK dead, and the same perps also did 9/11.”

4. These are the sane people who aim to create a world fascist government controlled by members of European royal families.

5. John F. Kennedy became aware of a plot to start World War III, wipe out 90% of humanity, and turn the rest into slaves. The Zionists very nearly succeeded in accomplishing this by triggering all-out nuclear war during the Cuban missile crisis.

6. That is why Kennedy decided to take away their main source of power—the ability to create money out of thin air.
7. George Bush Sr. and the Zionists had Kennedy assassinated in order to prevent the nationalization of the Federal Reserve Board.

8. These people are still in control of the creation of U.S. dollars, Euros, and Japanese yen out of thin air.

9. Their main instrument of power in the U.S. these days is still the Bush - Clinton - Rockefeller - Zionist Federal Reserve Board.

KTFA Monday Night Conference Call, 31 OCT

The first part is Business Promo and the second part is Dinar/Iraq Intel

PLAYBACK # : 641.715.3639     PIN: 156996#

https://fccdl.in/JZUSEzq1h

If call stops……wait a bit and it will start again…..several breaks in recording

TNT TIDBIT, 31 OCT

Okrocks:  SURA‏ @AlSuraEnglish #BREAKING - First time in 26 years Iraq controls Ibrahim Khalil border-crossing between #Iraq/#Turkey https://t.co/pFcTp4TMl7 #BREAKING - #Turkish PM Yildirim announces agreement with #Iraqi government to open new border crossing to Tal Afar in #Iraq

OkRocks:  #BREAKING - #Kurdistan Region agrees to hand control of all airports to the Federal Government after several weeks of domestic flights only #Iraqi Federal staff are currently in Sulaymaniyah Airport for transition

Harambe:  CNBC: Oil prices near two-year highs as supply cuts bite https://www.cnbc.com/2017/10/30/oil-markets-focus-on-opec-led-supply-c​uts-tighter-market.html

Harambe:  Bloomberg: Saudis Leads Gulf Nations in Cutting Break-Even Oil Price :  Iran, Iraq, Kuwait and Qatar will have break-evens below the oil price, more than enough to balance the budget in 2018, according to IMF estimates and forward Brent price data compiled by Bloomberg. Countries like Saudi Arabia will take longer to balance their budget, the IMF said.  https://www.bloomberg.com/news/articles/2017-10-31/saudi-arabia-leads-​gulf-nations-in-cutting-break-even-oil-price

RV/INTELLIGENCE ALERT - October 31, 2017

THE WINDOW REMAINS OPEN FOR 13 MORE HOURS.
 
WILL THE ELDERS/NPTB AUTHORIZE THE RELEASE WITHIN THIS WINDOW?
 
PLEASE EVERYONE JOIN TOGETHER FOR MASS MEDITATION AT 12 PM EDT TO MANIFEST THE RELEASE.
 
IF THIS WINDOW DOES INDEED PASS, THEN THE ELDERS/NPTB DEEMED THE TIME WASN'T RIGHT.
 
IT IS VERY MUCH POSSIBLE THIS CANNOT BEGIN WITHOUT A MASSIVE EVENT SUCH AS THE MASS ARRESTS.
 
HOWEVER, IT HAS NOW BEEN CONFIRMED FROM HIGH LEVEL SOURCES THAT ALL PAYMASTERS, BANKS, AND CALL CENTER PERSONNEL ARE READY TO BEGIN.
 
ALSO, ALL SOURCES ARE ALLUDING TO THIS BEING RELEASED IN OCTOBER.
 
WE WILL SEE.

Operation Disclosure

KTFA UPDATE, 31 OCT

KTFA:

Samson:  The assets of Arab sovereign funds are $ 2.99 trillion in October

 31st October, 2017

The value of the assets of Arab sovereign wealth funds reached $ 2.99 trillion in October, according to an official report released on Monday

This was according to an Anatolian survey, based on the assets of Arab sovereign wealth funds listed in the SWF Institute report, which specializes in the study of sovereign investments by governments and sovereign wealth funds

The Abu Dhabi Investment Authority (ADIA) is the leading Arab sovereign wealth fund with a total assets of US $ 828 billion and second in the world.

Kuwait (KIA) ranked second in the Arab world and fourth with a total foreign assets of $ 524 billion.

Saudi Arabia was the third Arab and fifth in the world with a total foreign assets of US $ 514 billion, which is affiliated with the Saudi Arabian Monetary Agency (SAMA).

The assets of SWFs monitored by the report (78 funds), $ 7.518 trillion, issued by the Norwegian government pension fund, ranked first in the world, with total assets of $ 998.9 billion.

The Qatar Investment Authority (QIA) ranked ninth in the world with a total assets of US $ 320 billion. The Saudi Public Investment Fund ranked 11th in the world with a total assets of US $ 223.9 billion and Dubai Investment Corporation ranked 12th globally with assets of 209.5 million. Billion dollar

http://economy-news.net/content.php?id=9580
....
************

Don961:   Workshop on the importance of sovereign funds for the national economy

 30/10/2017

(Independent) .. organized the Baghdad Economic Forum in partnership with the Secretariat of the Council of Ministers and his second workshop (within the framework of workshops agreed upon between the parties), under the title "sovereign funds and their role in the development of the Iraqi economy."

The workshop was moderated by the vice president of the administrative board of the forum, economist Bassim Jamil Anton, in the presence of a number of relevant officials, parliamentarians, local and foreign economic figures, academics and representatives of some embassies, international organizations, the World Bank and the United Nations.

The Secretariat said that the organization of the Baghdad Economic Forum in support of the steps of the government and the private sector to unify the visions and procedures to develop the Iraqi economy and diversify sources of state income to face future economic shocks.

For his part, the head of the administrative body of the Baghdad Economic Forum Fares Al-Salman said in his speech that one of the objectives of the workshop is to develop strategic bases to serve economic security, which is part of Iraqi national security in order to ensure the success of the process of sustainable development.

He added that the aim of the workshop is to come up with recommendations on sovereign funds to be established as well as to define their objectives and mechanisms for managing and judging them rationally by taking advantage of the experience of other countries before us in this field, while putting the national touch in line with the requirements of the Iraqi economy.

In the workshop, a number of working papers were presented on the first, and the advisor to the Prime Minister for Finance Dr. Mazhar Mohammed Saleh entitled (Sovereign Sovereign Fund and the guarantees of economic development) meaning the Sovereign Sovereign Fund and how to finance it as a temporary sovereign fund for real investment financed from allocations of infrastructure projects in the federal budget Which are available from the country's own resources and are constantly offset by withdrawals to extinguish the foreign loans provided by the foreign joint venture companies through the foreign government guarantors and guarantors to ensure the continuous implementation and financing To ensure the timely and efficient completion of the project and continuous financing. The DSS will thus act as the guarantor and financier of infrastructure projects.

While presented a paper d. (The options available to build a sovereign fund in Iraq in the current circumstances and the prospect of its future development), the vision of building a sovereign fund or more, and how to manage and governance and funding and obstacles that may face the Fund. She also referred to some successful international experiences and types of assets that may be possessed by the Fund or the proposed funds with the proposal to form a working group to establish a sovereign fund with a plan to develop its capabilities in light of the experiences of other countries. .

Dr. Raed Fahmi, the former Minister of Science and Technology, came up with the title "Sovereign Funds". He reviewed the main types of sovereign funds, their objectives, strategies, their economic role at the national level and the alleviation of the Dutch disease in the countries of financial abundance.

The paper also discussed the forms of legal frameworks for the funds, their structure, management and governance as well as the risks they may face and the conditions of success of the investment of development funds in the country. The paper also addressed the pros and cons of mismanagement or non-establishment purposes.

The paper also dealt with the model of the French Deposit and Guarantee Fund, its functions and financing, and the entities it oversees and monitors its performance. The paper discussed the model of the Texas School Standing Fund, a Texas-based fund that aims to fund the construction of schools in the state.

The paper noted a. Dr.. Falah Hassan Thwaini, head of the Economics Department at the University of Mustansiriya, entitled "The Possibilities of Establishing a Sovereign Wealth Fund in Iraq", referred to the experience of the Development Fund for Iraq, which was established under the Security Council resolution.

And reviewed the sovereign funds in the countries of the world and the value of assets, and then addressed the reasons for the establishment of an Iraqi sovereign fund and the missed opportunity on Iraq not to establish such a fund when there was a financial abundance caused by high crude oil prices, and discussed the requirements of the establishment of the sovereign fund and the proposed organizational structure, With the proposal of a model of the governance of the Fund to ensure the achievement of its objectives and the protection of assets and addressed the classification scenarios of the Fund (stability, investment, development, submersible).

The fifth paper was presented by Dr. The role of the Iraqi Fund for Foreign Development in the development of the Iraqi economy was reviewed by Hussain Jaber Al-Khakani, head of the Iraqi Fund for Foreign Development and the Ministry of Finance. He reviewed the historical role of the Fund, its time and structure as well as its objectives and role in supporting the national economy. And the nature and quality of the assets it owns.

And eat a. Dr.. The main idea of ​​each type of sovereign funds, the international experience in the field of sovereign funds with the obligations to develop a fund for sovereign wealth in Iraq, And presented (5) types of proposed sovereign wealth funds, and recommendations adapted to the Iraqi situation.

The research paper (The Iraqi Economy and the Development Track under the Development Fund for Iraq) M. Dr..Hamdiya Shaker Muslim / University of Baghdad - Faculty of Management and Economics with a. M. Dr.. Khalid Shami / University of Mustansiriya - Faculty of Management and Economics, and dealt with the adoption of the idea of ​​creating an Iraqi sovereign wealth fund suited to the reality of the Iraqi economy. The nature, nature and indicators of the performance of the Iraqi economy, sectoral structure of GDP, the importance of the oil sector in the Iraqi economy, and the paper presented a strategic vision for the development of the development of Iraq's sovereign fund.

During the discussions and interventions, the head of the administrative body of the Baghdad Economic Forum Fares Al-Salman addressed the forum's vision, pointing out that Iraq is characterized by abundant sources of resources and natural, financial and human resources as well as the importance of its geopolitical position in the region, which necessitates the urgent management of its resources And its economy, and this requires the implementation of measures to reorganize the Iraqi economy to promote the pillars of sustainable development to create a dynamic economy, including the establishment of a package of sovereign funds managed by good governance and transparency as well as the development and support of the Iraqi Fund for Foreign Development sold Barh one of the influence of the Iraqi state tools to secure the vital area within Iraq's national security theory.

In conclusion, I concluded the requirements of the movement to establish a package of sovereign funds and their legal frameworks and methods of governance, management and financing and the implementation of its functions and control.

At the conclusion of the workshop was formed a joint committee of experts of the Secretariat General of the Council of Ministers and the Baghdad Economic Forum to write recommendations.     link

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

Samson:  The World Bank :  Iraq is making great efforts to reduce spending without affecting the private sector

 30th October, 2017

The head of the mission of the World Bank in Iraq, Rubiro Bujouda, that the government is making great efforts to reduce spending and increase the financial returns by following several ways to fill the budget deficit without affecting the private sector in Iraq.

"The challenges facing the World Bank in terms of development work in Iraq are no different from the challenges we may face in other countries in the region," Bujouda said in an online interview with Al-Iktissad News. Which is witnessing a military operation to free it from the grip of a terrorist organization. "

"The Iraqi government is responsible for preparing plans to find solutions to the crisis and the role of the World Bank is to provide support and assistance for the implementation of these plans, as the World Bank provides support at the request of the Government of Iraq and in accordance with the priorities it sets."

He added that "in this area, the World Bank has allocated 350 million dollars for the reconstruction of part of the liberated areas in the provinces of Salah al-Din and Diyala, in addition to the allocation of another amount of 355 million dollars to rehabilitate the main road that connects Basra border Kuwait and the port of Umm Qasr" .

He pointed out that "the Iraqi fiscal policy or to move more accurately" the budget "linked to oil prices, as the decline in the price of a barrel of oil directly affects Treasury revenues There are many factors affect the increase in expenditures, including spending on military armament, Which constitutes a large proportion of Iraq's budget, which in turn puts pressure on the fiscal and monetary policy in Iraq. "

He pointed out that "the government is making great efforts to reduce spending and increase the financial returns by following several ways to fill the deficit in the budget without affecting the private sector in Iraq has been represented by the request for loans without affecting the size of cash in Iraq or on private sector investment "He said.

He pointed out that "the biggest challenge we face is the security situation, not only in terms of the presence of World Bank teams on the ground, but in order to attract interested teams to work in those areas, so the project was placed under the emergency tent, which allows the use of government institutions and private sector institutions to reconstruct those areas "He said.

He stressed that "all reports prepared by the World Bank are carried out through cooperation and work as a team with government agencies, and no data is published only after the approval of government agencies to publish."

"In order to promote the private sector, we must not rely entirely on the government sector to provide employment. The government has started to implement its private sector development strategy by reforming legislation on the development of this sector, Funding to be made available to the private sector, including small and medium enterprises, to provide more job opportunities

http://economy-news.net/content.php?id=8856
Don961:  US Treasury Secretary: We can finance the government until January

Congress is solely responsible for raising the legal limit for federal borrowing

 31 October 2017 02:01 PM

Mubasher: The US Treasury Secretary said he was confident that the government could finance its activities until next January, before exhausting the ability of federal borrowing.
"I think we should pay our outstanding debts," Stephen Munchin told Bloomberg news agency on Monday, but stressed that he did not prefer to make debt service payments on other obligations.

Last month, the US Senate approved a package to extend the US debt ceiling, temporary government funding and hurricane aid to the country, with the bill passed to the House of Representatives until Dec. 8.

Congress is solely responsible for raising the legal limit for federal borrowing. Failure to do so may result in the United States being at risk of default.

On the other hand, US President Donald Trump has agreed with Senate Minority Leader Chuck Schumer to look for a way to permanently abolish the federal debt ceiling.     link

************
Samson:   Georgia and Turkey inaugurate railway line linking it to the "Silk Road"

 31st October, 2017

The leaders of Azerbaijan, Turkey and Georgia on Monday launched a 826-kilometer railway connecting the three countries, establishing a route for goods and passengers traveling between Europe and Asia beyond Russia.

The line, which includes a new 105 km route, will be able to transport 1 million passengers and 5 million tons of cargo.

The three countries are linked to the Baku-Tbilisi-Ceyhan oil pipeline, led by BP and the Baku-Tbilisi-Erzurum gas pipeline. But trade relations between Turkey and the Caucasus are limited, and the new railway Baku-Tbilisi-Kars promises to give economic impetus to the region.

"Baku-Tbilisi-Kars is part of a large silk line and it is important that we have carried out this project out of our own money," Turkish President Recep Tayyip Erdogan said at a railway inauguration ceremony attended by Azerbaijani President Ilham Aliyev and Georgian Prime Minister Giorgi Kverikashvili.

From Baku, the capital of Azerbaijan, trains will stop in the Georgian capital of Tbilisi, ending the journey in the Turkish town of Kars.

The total cost of the project rose to more than $ 1 billion, compared to an initial estimate of $ 400 million. The bulk of the funding came from the State Oil Fund in Azerbaijan.

The Azerbaijan-Georgia railway line was updated as part of the project, which was launched in 2007 and has been postponed several times since 2011.

"There are a few European countries that have shown interest in this project and Azerbaijan is in talks with it," Aliyev said, adding that Kazakhstan and other Central Asian countries were interested in transporting their goods through the Baku-Tbilisi-Kars railway line.

The new route will reduce the flight time between China and Europe to about 15 days, more than twice as fast as sea transportation and at less than half the cost of air transport.   LINK

Monday, October 30, 2017

IQD CHAT, 30 OCT

chattels: Breaking the silence on Kurdish rights By GARY KENT
http://www.rudaw.net/english/opinion/30102017

chattels: " Breaking the silence with salient facts is the priority."

chattels: " More profoundly, President Trump's America is pulling up the drawbridge and despite its rhetorical opposition to Iranian expansionism, opposes what it sees as nation-building and has plumped for Abadi as the candidate best able to save Iraq from Iran, with the Kurds paying the price for this geopolitical calculation."
chattels: " Abadi has apparently decided to shore up his domestic position by being tough on the Kurds as there are no votes in being kind to the Kurds. Some say that Kurdish withdrawal from high-profile participation in Baghdad deprived them of the political intelligence and heft to see and avert this.

Some say the Kurds should back Abadi to prevent the return of Maliki and use their votes to be kingmakers again. And that may be a necessary task."

chattels: " But much depends on Iraq's real strategic intentions in the current conflict. Are they trying to establish facts on the ground to then reach an accommodation with the Kurds on the best possible terms for Iraq. Or do they seek to take direct control of parts or all of the KRG."

chattels: The face of Iraq to come according to some. - Hadi al-Amiri, head of the Badr militia and a powerful Shiite figure who was one of the speakers said, “Iran is the one that helped on the ground in Iraq and not the international coalition, during the war against ISIS,”

chattels: Yet thet insist that there were no Iranian " ground forces ".

chattels: they*

chattels: What are the chances of a truly democratic and pro-western Iraq ?

chattels: Not good, IMO.

chattels: Rafidain Bank urged its branches in Baghdad and the provinces to encourage citizens to deposit their money in in the bank instead of hoarding it in homes. http://www.alliraqnews.com/modules/news/article.php?storyid=67665

chattels: "Specific mechanisms have been put in place to provide the best and widest banking services and to overcome the obstacles to the citizens and gain their trust," the bank's press office said in a statement. He pointed out that "the cash deposits in the bank contributes to the continuous improvement of the level of financial services to customers in terms of interest rates for those deposits and thus the entry into the financial and economic cycle of the country and benefit the citizen and the bank."

chattels: Reidar Visser‏ @reidarvisser Oct 27 More This week Iraq's parliament finally approved a new independent electoral commission. Important for elections in 2018

LINK

chattels: Members of the Electoral Commission take the oath before the President of the Supreme Judicial Council http://www.alliraqnews.com/modules/news/article.php?storyid=67636

chattels: Parliament postpones meeting to tomorrow Date of release: 2017/10/30 13:28 • [Ayna - Baghdad] postponed the Presidency of the House of Representatives, the obvious that was scheduled today to Tuesday. A session of parliament was scheduled for today to vote and discuss a number of bills. http://www.alliraqnews.com/modules/news/article.php?storyid=67673

chattels: David M. Witty‏ @DavidMWitty1 6h6 hours ago Iraqi Forces & Peshmerga agree to joint administration of Fishkhabor border crossing. http://mobp.as/dJZVj

chattels: Sajad Jiyad سجاد Retweeted Government of Iraq‏Verified account @IraqiGovt 22h22 hours ago The Iraqi armed forces are making significant progress in their operation to liberate #AlQaem and surrounding areas in western #Anbar

chattels: David M. Witty‏ @DavidMWitty1 26m26 minutes ago Baghdad & Erbil agree to joint movements of Iraqi forces & Peshmerga to 8 disputed areas in Ninawa province. http://mobp.as/eHbWj

chattels: David M. Witty‏ @DavidMWitty1 25m25 minutes ago Iraqi border guards, Peshmerga & US forces to jointly control Fishkhabor border crossing. http://mobp.as/eHbWj

chattels: David M. Witty‏ @DavidMWitty1 23m23 minutes ago Baghdad agrees to not move forces beyond 2003 line of Kurdish Regional Government. http://mobp.as/eHbWj

chattels: Hayder al-Khoei‏Verified account @Hayder_alKhoei Following Following @Hayder_alKhoei Hayder al-Khoei Retweeted Nabih Pretending it’s all about Iran is the only way KDP officials and pro-KDP pundits can sell their case in D.C. and via the media. It works.

chattels: Dâna Nawzar‏ @DanaNawzar Follow Follow @DanaNawzar Dâna Nawzar Retweeted Hayder al-Khoei And pretending it's all about "Iraqi nationalism" is all pro-Iraqi gov pundits advocate & it works. But truth is somewhere in between.

chattels: It is often the case that the " ............ truth is somewhere in between."

chattels: Matthew Schweitzer‏ @PostWarWatch 16h16 hours ago Matthew Schweitzer Retweeted Matthew Schweitzer #Barzani is out, but not really:

chattels: Matthew Schweitzer‏ @PostWarWatch Oct 29 More interesting & relevant analysis, this time re: #Barzani departure, from my spring interview w/ @BilalWahab:


https://postwarwatch.com/2017/07/20/erbils-endgame/ …

chattels: " During the planning stages of the battle to liberate Mosul, the many actors involved – primarily Iraqi government forces, Popular Mobilization Units (PMU), Sunni tribal militias, and Kurdish Peshmerga, as well as their local proxies and international partners – sought to achieve various goals.

Each of these groups envisioned victory against ISIS in northern Iraq differently, particularly in terms of political gains. How have these actors – particularly leaders of the PMU – used military operations in northern Iraq as instruments of political opportunity and leverage?"

chattels: https://postwarwatch.com/2017/10/11/iraqs-permanent-mobilization/

chattels: And that's the way it is, according to the news I read, Monday morning, October 30, 2017.

chattels: Kurds in Iraqi army still serve despite conflict Adam Lucente October 29, 2017

https://www.al-monitor.com/pulse/originals/2017/10/iraq-kurdistan-kirkuk.html
chattels: “The Kurds in Iraq have no future.”

spanki: they never had a future, that is why they wanted to separate- imo

KTFA UPDATED, 30 OCT

Get1Later:  Once the CBI CHANGES THE RATE.....THIS won't be an issue ANY LONGER!!!!

Rafidain Bank invites its branches to encourage citizens to deposit their money with the bank

October 30, 2017

Rafidain Bank, called its branches in Baghdad and the provinces on Monday to encourage citizens to deposit their money in the bank instead of hoarding them in the houses.

“Specific mechanisms have been put in place to provide the best and widest banking services and to overcome obstacles to the citizens and gain their trust,” the bank’s press office said in a statement.

The statement added that “the bank’s cash deposits contribute to the continuous improvement of the level of financial services and thus the entry into the financial and economic cycle of the country and benefit the citizen and the bank.”

http://en.economiciraq.com/2017/10/30/rafidain-bank-invites-its-branches-to-encourage-citizens-to-deposit-their-money-with-the-bank/

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

JesusLovesBaseball:  Baghdad International Fair concludes with a million visitors

Monday 30 October 2017 - 06:52 PM

The Ministry of Commerce announced the closing of the 44th session of the Baghdad International Fair, which was attended by 18 countries and 688 companies representing the industrial, commercial, agricultural, scientific, communications and information technology sectors under the slogan "We have liberated our land and need your cooperation."

The ministry said in a statement today that the ceremony was held in the presence of the Minister of Commerce and Salman Jumaili and representatives of ministries and agencies and participating countries and companies representing the Iraqi private sector and the international public and a large number of citizens.

Al-Jumaili stressed in his speech at the end of the exhibition, "the appreciation and appreciation of the Government and the people of Iraq to all the friendly and brotherly countries that have demonstrated their support and support to the Iraqi people. They are fighting a fierce war representing humanity and achieving great victories in which all the usurped regions of the Takfiri and terrorist gangs have been liberated.

The country, on the other hand, is building, developing and attracting major international companies and establishing economic partnerships with countries that have the expertise and leadership in investments and the construction of major projects in various fields. "

Al Jumaili pointed to the success of the 44th session and the achievement of all the objectives envisaged, whether they related to gender and quantity and the interaction of our people with all the events that were held on the sidelines of the session, which varied between workshops, dialogues, meetings and agreements between Iraqi businessmen and their counterparts in other countries.

He pointed out that the exhibition this year was an important gateway for the entry of States and companies for the first time and is looking for investment opportunities and partnerships with the Iraqi private sector in light of the urgent need to enter companies in various sectors to rehabilitate the infrastructure and erosion in all areas of Iraq, especially in areas that have been terrorized and urged to Serious damage.

Al-Jumaili appreciated the participation of the Kingdom of Saudi Arabia for the first time in more than 66 companies working in industrial, technological and commercial fields and a large media delegation that contributed to conveying the image of what is happening in Iraq from security, safety and natural life.

As the price of the role played by our people in the success of the activities of the session through the presence of intensive and unprecedented, a message to the world that our people alive and will not be cut off from the other world and Iraq is coming strongly as an important economic player able to contain the largest international gatherings and interact with them to serve the aspirations of our people A free and dignified life.

The events of the Baghdad exhibition lasted from 21 to 30 October and witnessed the visit of more than one million citizens over the past ten days and included artistic, cultural and scientific activities held by cultural gatherings, scientific institutions, universities and civil society organizations.

On the last day they distributed gifts and certificates of appreciation to all Participants from countries, companies and organizations attending the session.   LINK
***************

GFulcher66:   Good nugget imo ... Trump is replacing several FRN chairman between now and next yr. in the opinion of several online economist that will give the US president more power of the feds than any other US president since 1914…. Basil111 here we come
Don961:  Report: "Trump" chooses the new president of the Federal Reserve next Thursday

US Federal Reserve Chairman Janet Yellen's term expires in February 2018

 30 October 2017 06:33 PM

Direct: Reports expected that US President "Donald Trump" name of the new Federal Reserve Chairman on the next five.

A White House official familiar with the matter said on Monday that Trump was likely to announce his choice for the Fed chairman next Thursday.

US Federal Reserve Chairman Janet Yellen's term expires in February of 2018.

A number of members of the US Congress have asked President Trump in a statement issued last weekend not to reappoint Janet Yellin for a new period in the count of confidence in government institutions and the public.

Previous reports have suggested that Donald Trump is a candidate for the post of central bank president, one of them is Jerome Powell, a member of the Federal Reserve, and the other is Stanford University professor Brian Taylor.

Investors are waiting for the Federal Reserve meeting next Wednesday to announce US monetary policy in the coming period, with expectations of a key interest rate unchanged.

RV/INTELLIGENCE ALERT - October 30, 2017

PAYMASTERS, BANKING MANAGERS, AND CALL CENTER PERSONNEL ARE ALL WAITING FOR THE EXCHANGE TO BEGIN.
 
THE CURRENT WINDOW FOR THE 800# RELEASE REMAINS OPEN FOR 38 MORE HOURS.
 
NOW IS THE TIME FOR MASS MEDITATION.

Operation Disclosure

DINAR GURUS UPDATE, 30 OCt

10-30-2017   Intel Guru RayRen98   There was so much information coming out over the weekend!  On late Sunday night, there were reports on the Erbil crisis, and that supposedly ended yesterday (29. October) due to civil agreements.  That is from military sources, and it’s not official yet.  The Law of Oil and Gas will end the Kurdish crisis when they finally come to agreement with it – and supposedly they have agreed.  Those are the updates, and the progress they may have with what we are looking for.  As I understand it, the HCL stuff and full liberation are the only things remaining, so we’ll see how they go.

10-30-2017   Intel Guru Delta 
  Article:   "Rafidain calls its branches to encourage citizens to deposit their money with the bank"   CITIZENS URGES  RAFIDIAN BANK TO INCREASE THE VALUE  OF IRAQI DINAR FIRST!!!   lol

10-30-2017   Newshound Guru MilitiaMan   Article:  "During his chairing a meeting of the Committee of Diwani Order No. (54) for the year 2017"  Quote:  "The Administrative Agent stresses the importance of completing the work of the Reform Committee and addressing the indicators of the assessment of Iraq in the annual report 2017..."   This is valuation, assessment, it is in ones best interest to be paying attention to it..

10-30-2017   Newshound/Intel Guru Mnt Goat    There is no GCR! ...There is only ONE (1) one...currency we know for certainty that will increase substantially in value shortly. This is the Iraqi dinar. I base this on the FACTS and I believe they are building up yet more evidence today that they are heading for a window timeframe of EARLY January 2018.   I can assure you there are still items to correct and fix (work to be done) prior an RV. So relax. It is coming shortly, but just not today or this week.  [post 2 of 2]

10-30-2017   Newshound/Intel Guru Mnt Goat  ...they can’t significantly increase the value of the dinar until there is a positive demand for it, thus the “value” of it must increase. The rate will just change accordingly. Remember the dinar RATE and VALUE and two different entities.  ...many will tell you the VALUE is the assets in the ground and they would be partially correct. Yes – these assets do matter but they are not the sole determining factor to the VALUE of a currency. Much of the VALUE comes from a level of speculation, perception and tradability.  Remember what currency really is. It is a piece of paper that is a placeholder for the goods and services rendered. Instead of paying the like valued goods and services or gold, you pay in currency, which must be as VALUED as the goods and services rendered. So does the Iraqi dinar now fit this definition of currency? No- and that is why they must change the perception first.  [post 1 of 2....stay tuned]

10-30-2017   Newshound Guru EHankins  ...IT SEEMS VERY QUIET HERE... ALMOST INTENTIONAL AS IF SOMETHING IS ABOUT TO EXPLODE AND TO CONCURRENTLY BRING MANY MANY THINGS TO LIGHT...I COULD BE WRONG...GUESS WE'LL WAIT AND SEE.

10-30-2017   Newshound Guru MilitiaMan   Article:  "A member of the German ruling party Mustafa al-Ammar nominated Iraqi Prime Minister Haider al-Abadi for the Nobel Peace Prize"  After watching Abadi yesterday in the WSJ, New York and LA Times interview one can not argue this man deserves it and rightfully so too!! The man is all about unity, integrity and above all the Iraqi citizens! 

Rafidain urges Citizens to deposit 3 zero notes

ZIM Insanity by rrrr, 30 OCT

Food For Thought Dinarians: Please take time to absorb this. If the ZIM rate comes out a $1 for a 100t note with a 6 zero LOP, then each note is worth 100 million. 

If there are a total of 50,000 ZIM holders who hold an average of 20 notes each (I know many who have much more), then the total value of ALL ZIM notes post RV comes to 100 Trillion Dollars. 
The GDP of the entire Planet in 2014 was 105.7 Trillion Dollars. 

https://en.wikipedia.org/wiki/Gross_world_product.

MNT. GOAT UPDATE, 30 OCT

October 30, 2017 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

“So here I sit, broken hearted (end of October), came to exchange but only listened to the retarded (idiots)”.

When I was composing this newsletter, and researching the known sites for articles and news, I could not help but think that the news is all mainly once again emphasizing economic growth in Iraq and the difficulties it is having attracting investors. It is having a hard time taking its place on the international stage.

Banks simply do not want to do business within Iraq due to antiquated investment laws and red tape. Corporations do not want to come into Iraq due the INSTABILITY and RISKS involved with these bombing episodes. Also ISIS is not yet fully gone. Sectarianism is still also a major factor and it causes a dysfunctional society that is hard and risky to do business in.

Many ask me why does Iraq not just RV and it will solve all their problems. I have to tell you it will not. In fact it may even make worst problems if they were to RV now. Let me give you an analogy to help you understand.

Example: 

You are a business in Germany. You manufacture beer steins. An Iraqi merchant puts in an order for 5,000 steins. You ship the steins and expect to get paid. The merchant sends you dinar.

What in hell are you, in Germany, going to do with dinar? You go to the bank of Deutschland and they tell you they do not handle the dinar.

You try many other banks, unsuccessfully. You even ask you employees if they will accept dinar for their wages. They of course say no!

What will anybody in Germany do with it? They can’t use it since they have no demands for it and can’t make any money off exchanging it (the spread). There is not even a tourist demand for it, since many from Germany don’t want to go the middle east due to SECURITY reasons for their own safety.

So this German business owner say he cannot take dinar. The Iraqi merchant then must go to the bank currency auction window in Iraq and exchange the dinar for US dollars or maybe even get Euros to pay for the steins. Do you see the problems here?

This is why during the sanctions within Iraq the IMF imposed the US dollar as the currency to pay the outside world. It is the most acceptable and most widely tradable currency.

So it is not a matter of wanting to RV and delaying the RV (for some reason that is hidden from us) instead it’s a matter of who the hell wants the dinar since they can’t do a damned thing with it when they get it? So, if the CBI did increase the RATE on the dinar without first increasing the VALUE, it would even be that much more impossible to use it globally. Get it?

Can you see the job laid out ahead before the CBI?

Can you see why they can’t significantly increase the value of the dinar until there is a positive demand for it, thus the “value” of it must increase. The rate will just change accordingly. Remember the dinar RATE and VALUE and two different entities.

Oh- but many will tell you the VALUE is the assets in the ground and they would be partially correct. Yes – these assets do matter but they are not the sole determining factor to the VALUE of a currency. Much of the VALUE comes from a level of speculation, perception and tradability. Remember what currency really is. It is a piece of paper that is a placeholder for the goods and services rendered. Instead of paying the like valued goods and services or gold, you pay in currency, which must be as VALUED as the goods and services rendered. So does the Iraqi dinar now fit this definition of currency? No- and that is why they must change the perception first.

I hope everyone reads this today and shares this with others who are confused about why the dinar has not yet revalued. I know why these attitudes persists and it is because of many (not all) of these so called intel “gurus” out there who set themselves up as egocentric gods of intel and fully take on the responsibility to keep you informed without much knowhow. They pretend and lie to you. Did I also mention many of them barely passed first grade…lol….lol….

More news….

Yes -there is still some waves from the Kurdistan referendum and the ongoing last stages of ISIS and Deash cleanup.

But its all here today in black and white for you to read. I presented some really amazing news and articles. Talk about being optimistic in this investment? WOW!

Those that sold their dinar for ZIM, Rial or whatever will be sorry. I want you to know “I told you so”. Stop listening to all these idiotic so called intel “gurus” who mislead you and pump you to buy these other highly speculative currencies with your dinar money. It is a game and a scam.

There is no GCR! Yes – these other currencies are very cheap. But why buy them? There is only ONE (1) one, one, one, (did I say one) currency we know for certainty that will increase substantially in value shortly. This is the Iraqi dinar. I base this on the FACTS and I believe they are building up yet more evidence today that they are heading for a window timeframe of EARLY January 2018.

Oh – many might say “we heard all this before” and I say you would be right. But remember in each of the last 4 attempts to revalue it was planned for early January timeframes. So why would we think they would change this pattern? If we listen and I mean really listen to the news coming out of Iraq it all moves in this direction. But to really listen and get the full jolt of what I am telling you today, you must take off your every day / any day intel bullshit and come down to reality. In other words stop listening to these idiots telling you they think we will see the RV today or next week.

No one, and I mean no one knows the exact date or even a certainty of a short timeframe for the RV. But what I can tell you with the UTMOST CERTAINTY is when they WILL NOT RV. This is not hard to know since they have told us many times already when they will not RV. They told us they need POLTICAL STABILITY AND SECURITY in Iraq. Later, as we read many articles they defined just what they meant by STABILITY AND SECURITY so now we don’t have to guess anymore. I can assure you there are still items to correct and fix (work to be done) prior an RV. So relax. It is coming shortly, but just not today or this week.

More news….

When the Central Bank of Iraq talks, I listen.

October 27, 2017 in Iraq Banking & Finance News

The Central Bank of Iraq (CBI) has directed all Iraqi banks to adopt user protection standards approved by SWIFT before the end of 2017.

The bank explained that the standards of the 16-user protection network can be summed up by the need to restrict access to the Internet, separate sensitive systems from the overall IT environment, and mitigate cyber-attacks and vulnerabilities.

Other security measures include security intuition to protect against access to Internet sites, storage and prevention of safe password detection, management of bank identification numbers, separation of privileges, detection of suspicious activities within the system, registration of operations and plans to respond to various situations (errors and incidents) and information sharing.

(Source: Central Bank of Iraq)

This article is great but does everyone truly understand the impact of this news. To understand you must know what SWIFT is.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment. SWIFT also sells software and services to financial institutions, much of it for use on the SWIFTNet Network, and ISO 9362. Business Identifier Codes (BICs, previously Bank Identifier Codes) are popularly known as "SWIFT codes".

The majority of international interbank messages use the SWIFT network. As of 2015, SWIFT linked more than 11,000 financial institutions in more than 200 countries and territories, who were exchanging an average of over 15 million messages per day (compared to an average of 2.4 million daily messages in 1995).

The key to SWIFT is and I quote – “The majority of international interbank messages use the SWIFT network”.

More news….

Article 25 of the new Iraqi Constitution stipulates that the State shall ensure the reform of the Iraqi economy according to modern economic bases, in a manner that ensures the full investment of its resources, diversifying its sources and encouraging and developing the private sector.

Article 26 also stipulates that the State shall encourage investments in the various sectors and shall be regulated by a law. These articles shall lay down the general principles of investment and the state's entitlements to develop formulas for the advancement of the economy through investment.

It is necessary to support and encourage investment and the private sector, since the investment must be a law that regulates and sets the foundations for its success.

In fact, in 2006 Abadi’s cabinet legislated the Investment Law No. 13 of 2006 and its amendments, but this law needs to stand at some of its full implementation to establish a successful investment process in the country.

More news….

Here is an interview with prime minister Abadi of Iraq. It was conducted a few days ago. The link follows.

https://www.youtube.com/watch?v=9uRlp-mAmLY

I HIGHLY recommend everyone to listen to it and get the direction Abadi wants to take Iraq. He is the good guy!

So, who are you going to listen to it is your choice. You can listen to the prime minister Abadi himself or you can continue down this road of nonsense and listen to these idiotic so called intel “gurus”. Abadi covers some very interesting topics, all of which we are concerned about the re-building their economy, POLITICAL STABILITY and SECURITY. He comes right out and tells us what are the issues still pending.

He talks about the impact of ISIS and Daesh and the Kurdish referendum. 

He talks about the current problems and direction of Iraq. Folks thru this video you can get a very good idea on the personality of Abadi and how he thinks and wants to move the country of Iraq. This is so much different than Nori al-Maliki (the peanut head idiot).

Remember I said that when we are trying to figure out a timeframe for the RV, it is not the rate of the dinar that we should be so concerned about. Don’t get all hung up on this. But rather the VALUE of the currency based on the economics and status of the region. The new rate (whatever it will be) will be a direct result of this increase in VALUE. It will reflect a true value. Then the speculators will join in and drive it up for a while. Then it will settle back down. Yes – it will be a feast at first, but once they have their bellies full it will settle down.

So, you want to know when the rate will change? Listen to Abadi he is giving a status of the nation like speech.

Abadi talks about crises and events that could lead the country back to a dictatorship, if not handled correctly. He still has concerns about some of these political parties within Iraq. So, we can see there is still turmoil not the level of STABILITY needed. He talks about the Kurdistan referendum and how they are trying to drive POLICIAL INSTABILIY and yet another crisis. Abadi is tired of these constant crises and he says so. He wants desperately to get Iraq out of this mode. He is not going to play into the hands of these infiltrators and instigators.

I say this because this is not my OPINION but rather Abadi talking and telling us this first hand. Get it. No rumors, No hype, just the FACTS. He says it himself. He does say there are still some very dangerous political parties but the trend is towards UNITY. There is a positive change.

Abadi refers to a shadow entity working behind the scenes to give democracy a bad name and to introduce mistrust between politicians and the people. He is very alarmed by this. He says this needs a solution. He is working on it.

So just remember there is still work to be done and so let’s not count our chicks until the eggs are hatched.

Do you know what this statement means? It is one thing to be optimistic but optimism is not exactly always reality and acting crazy, stupid and highly speculative. We all must learn to relax and really, really think about what is happening in Iraq.

More news….

U.S. crude oil imports from Iraq have exceeded those from Saudi Arabia in 3 of the past 4 weeks. That would have seemed unthinkable as recently as last year. At that time, flows from Saudi Arabia were exceeding those from Iraq by somewhere between half and one million barrels a day.

More news….

Wow! This is WOW! news. Please read the full article below. Here is a summary. What do they mean that Iraq will become the “eighth tiger”?

In the article they are using an analogy, but the term “TIGER” economy is actually a known term used by economists.

A “tiger economy” is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living.

Collectively this term refers to the economies of Indonesia, Malaysia, the Philippines, and Thailand, the four dominant countries in Southeast Asia. Tiger Cub Economies are so named because they follow the same export-driven model of economic development pursued by Hong Kong, Singapore, South Korea and Taiwan, which are collectively referred to as the Four Asian.

So, what the article is telling us is that Iraq will outpace #8 place from 2017 rankings and move into this ranking in 2018. I am not sure where the other tigers will end up ranked but we do know Iraq will take its place in the rankings as a TIGER. Urrrrrrrrrrrrrrrrr…..

Folks do you know just how amazing this news is? This is one of those WOW! articles. No middle eastern country has EVER ranked in this category of TIGER economies, NEVER, EVER! Can they do this without a currency being internationally traded? I don’t think so….lol … lol …

Today, the visit of the Prime Minister to Saudi Arabia has achieved great successes and culminated in the founding of the Constituent Council for Economic Cooperation between Iraq and Saudi Arabia and the signing of 

economic agreements.

This move WILL BRING IRAQ BACK TO THE RANKS OF THE DEVELOPED COUNTRIES, WHICH BRINGS US BACK TO THE GLOBAL EXPECTATIONS THAT IRAQ WILL BE THE EIGHTH TIGER AMONG THE SEVEN TIGERS after his salvation from the challenges he faced

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Articles are below. Due to FACEBOOK limitations my comments are in brackets ( ) throughout the articles. I also separated the articles with asterisks.

Articles Begin

IRAQI KURDISTAN LEADER BARZANI WILL HAND OVER PRESIDENTIAL POWERS ON NOVEMBER 1

SULAIMANIYA, Iraq (Reuters) - Iraqi Kurdistan’s veteran leader Masoud Barzani will not extend his presidential term beyond Nov. 1, a Kurdish government official said on Saturday.

His decision came just weeks after a referendum on Kurdish independence backfired and triggered a crisis for Iraq’s Kurds who had been enjoying a period of unprecedented autonomy.

A plan to divide up the president’s powers was outlined in a letter Barzani sent to the Kurdish parliament on Saturday, the official told Reuters. The plan asks parliament to distribute the president’s powers among the government, parliament and judiciary.

Barzani’s current term was set to expire in four days, the same date that presidential and parliamentary elections were due to be held. However, those elections were delayed indefinitely last week, amidst an escalating regional crisis.

Critics say the Sept. 25 independence referendum, orchestrated and championed by the 71-year-old Barzani, has left a bleak outlook for Iraq’s Kurds.

Less than four weeks after Kurds in the region voted overwhelmingly to break away from Iraq, the central government launched a military offensive to wrest back the oil-rich city of Kirkuk, which the Kurds regard as both their spiritual homeland, and a key source of revenue for their would-be independent state. It was one of several retaliatory measures taken by Baghdad, which vehemently opposed the referendum.

In a matter of days the Iraqi government has transformed the balance of power in the north of the country, exerting tremendous pressure on Barzani to step aside and wrecking decades-old dreams of Kurdish independence. Iraqi forces have continued to advance on all Kurdish-held territory outside the autonomous region’s borders.

Iraq’s prime minister demanded on Thursday that Kurds declare their independence referendum void, rejecting the Kurdish autonomous region’s offer to suspend its independence push to resolve a crisis through talks. 

Earlier this year, Barzani said he did not intend to stand in the November elections. However, prior to the referendum, few expected he would stick to his promise.

Barzani has held the office of the presidency since 2005. The region last held a presidential election in 2009, in which Barzani won. His term of office expired in 2013 and was extended twice. The president is expected to address his people before his term formally expires, marking the end of a storied career.

Barzani was born in 1946, soon after his legendary father, Mulla Mustafa, founded a party to fight for the rights of Iraq’s Kurds. After decades spent fighting with the Peshmerga, Barzani became a central figure in the drive to create an autonomous Kurdish state in northern Iraq, after Saddam Hussein was toppled in the U.S.-led invasion of Iraq in 2003.

Barzani’s letter will be discussed by parliament on Sunday, though the government official said it was unclear whether ministers would need to vote the plan into action during the session.

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IRAQ - BEST ARMY IN THE WORLD IN 2017

Baghdad Mawazine News

Lieutenant General Abdul Wahab al-Saadi won the award of the best military commander in the world in 2017, while the Iraqi army won the title of the best army in the world this year.

Retired General Taosend Rushford, general supervisor of the 2017 Festival of the Best, to be held by Jane's, a British military, defense, armament, warfare and manufacturing magazine for the English-language channel, said the British military magazine Jeans will hold its World Festival on Dec. 21 in the capital. British and London and allocated 20 awards in different military specialties of the most prominent military invention and the most prominent manufacture and most prominent innovation and the best manufacturer and the best buyer country and the best army in the world and the best military commander in the world and other awards.

"So far, only three awards have been made, the title of the best arms purchaser who went to Saudi Arabia undisputedly, and the IRAQI ARMY WON THE TITLE OF THE BEST ARMY IN THE WORLD FOR 2017 UNDISPUTEDLY for the great achievements he made, the vast distances he liberated and the quality of the battles he won, Military in the world for 2017 went to the Iraqi Marshall Marshall Abdul Wahab al-Saadi, who liberated Falluja and Mosul and dropped a state called ".

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IRAQS ECONOMIC RECOVERY

The signs of economic dislocation in Iraq are looming after an important page of disability has ended with a "da'ash" strike.

Yesterday, Iraq signed several economic agreements with France during the recent visit of Abadi, an economically advanced country.

Today, the visit of the Prime Minister to Saudi Arabia has achieved great successes and culminated in the founding of the Constituent Council for Economic Cooperation between Iraq and Saudi Arabia and the signing of 

economic agreements.

This move WILL BRING IRAQ BACK TO THE RANKS OF THE DEVELOPED COUNTRIES, WHICH BRINGS US BACK TO THE GLOBAL EXPECTATIONS THAT IRAQ WILL BE THE EIGHTH TIGER AMONG THE SEVEN TIGERS after his salvation from the challenges he faced.

Based on Iraq's assets and wealth qualify for it, but was disabled because of his preoccupation with the war, "dashing" and address the effects of the financial crisis because of the decline of its financial resources due to low oil prices and fluctuation.

Perhaps the return of Iraq strongly to the Arab and regional environment and the use of all with one space will enable him to economic recovery again.

It is true that Iraq has been subjected to great destruction in the areas occupied by "Dahesh" but will overcome this stage by international support and the regional environment in this regard.

THE MERE START OF THE RECONSTRUCTION OF THE LIBERATED AREAS WILL CREATE OPPORTUNITIES FOR THE RECOVERY OF THE LABOR MARKET AND THE REPERCUSSIONS OF THIS WILL CORRECT THE DISTORTIONS EXPERIENCED BY THE ECONOMY represented by high rates of unemployment and poverty and will contribute significantly to the decline of these percentages.

In addition to this, the reform steps taken by the government in all parts of the state to reformulate the institutional system to carry out its activities aimed at implementing sustainable development programs, and these steps will have their effect and positive results in achieving the desired goals.

We hope that development progress will be achieved at this stage as long as the Government's steps are consistent with the requirements of development and are accompanied by the understanding and interaction of most ministries with the right measures that lead to achieving the desired economic reform. The first step in this direction is the 

next economic breakthrough.

THE RESULTS ARE EXPECTED TO GO TOWARDS ECONOMIC SUCCESS, AS THE REGIONAL INTERNATIONAL CONVERGENCE FROM IRAQ HOLDS THE KEY DEVELOPMENT CATALYSTS.

(Can it get any better?)

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THE UNTHINKABLE - U.S. CRUDE OIL IMPORTS FROM IRAQ HAVE EXCEEDED THOSE FROM SAUDI ARABIA IN 3 OF THE PAST 4 WEEKS

(folks – they are shifting the oil sales to Iraq. They need to compensate Iraq to help stabilize their economy. This is not coincidental!

Circa 2014 - Remember first they chopped oil prices and brought in ISIS. Then the economy almost collapsed. This was a price they had to pay for Maliki policies. You don’t want cooperate with us? Then we will replace you and show you just who is in control.

So either you now play ball or continue to suffer. Which is it? Maliki resigns reluctantly in 2014. They put Abadi in his place. They final get cooperation over the SBA (almost the exact same goals as for the 2010 SBA but this time its different. Abadi is cooperating and the reforms get in place, as needed.) Yes – the World Bank, IMF, WTO do have enormous power over which way a country’s economy can go.

So, these events are all intentional and well orchestrated and certainly NOT coincidental. They will drive the price of oil up by January. Just wait and see that I am correct, as I almost always are ..lol…lol…)

U.S. refiners are buying the stuff, rather than "taking" it -- whatever that might mean -- but the volume of Iraqi oil entering the U.S. has been on the rise since the middle of 2015 and has continued to increase this year, despite OPEC's output cuts.

Imports of Iraqi crude have averaged 600,000 barrels a day so far this year, according to data from the the Energy Information Administration at the Department of Energy. That's up by 50 percent from 2016 and is almost three times as much as U.S. refiners bought from Iraq in 2015. The flow through American ports has exceeded 1 million barrels a day three times since the start of June in weekly EIA data.

Iraq ascending no impact from OPEC cuts on U.S. oil imports from Iraq - on the rise since mid-2015.

MEANWHILE, PURCHASES OF CRUDE FROM SAUDI ARABIA, HAVE BEEN GOING IN THE OPPOSITE DIRECTION. The Saudis have made good on the promise oil minister Khalid Al Falih made after the May OPEC meeting to "markedly" reduce deliveries to the world’s biggest consumer. "Exports to the U.S. will drop measurably," he told reporters after chairing a meeting between the group and other major producers in Vienna on May 25.

And they have. After averaging close to 1.2 million barrels a day in the first six months of 2017, they have fallen to around half that level since the start of September. True, a couple of big storms in the Gulf of Mexico have hit individual weekly numbers, but they bounced back after the storms passed and delayed cargoes were able to discharge.

U.S. crude oil imports from Iraq have exceeded those from Saudi Arabia in 3 of the past 4 weeks. That would have seemed unthinkable as recently as last year. At that time, flows from Saudi Arabia were exceeding those from Iraq by somewhere between half and one million barrels a day.

BEIJING - BAGHDAD IS TO SIGN A RECONSTRUCTION AGREEMENT AND ANNOUNCE 2018 THE YEAR OF STABILITY

(Opps, these is that term again – the needed STABILITY! When? They are saying 2018, but not now. First they need to complete the liberation of the last of the ISIS held regions. Then they need to reconstruct the regions. Yes more evidence for us to be looking for an EARLY 2018 timeframe for the RV, but not now. You can see there is still more work to be done.)

Economy News _ Baghdad

China on Sunday offered to sign an agreement on Iraq to contribute to the reconstruction and delivery of aid, while the Iraqi government confirmed that the year 2018 will be a "year of stability" in the liberated areas.

"Secretary-General of the Council of Ministers Mehdi Al-Aalak received Chinese Ambassador to Iraq Chen Wei Qin to see the level of cooperation in the areas of humanitarian relief and stability in the liberated areas," said a statement by the Secretariat General of the Council of Ministers.

"The role of the Iraqi government in eradicating terrorism and the Chinese government's interest in the rehabilitation of schools and universities by providing assistance to improve the educational reality in areas that have suffered the control of terrorist gangs," the Chinese ambassador said.

"The need to coordinate the delivery of aid, contribute to reconstruction, and the possibility of signing an agreement between the parties in this regard," Chen stressed.

For his part, Al-Aalak welcomed the Chinese government's initiative, wishing it "a bigger and more secure role in participating in the Kuwait conference which will be held next year in cooperation with the State of Kuwait and the World Bank and with the broad participation of the countries of the world."

He added that "the Kuwait conference will discuss investment opportunities for the participation of major reconstruction companies after assessing the cost of war damage and the cost of rehabilitation of infrastructure, factories and companies."

He stressed that the year 2018 will be a year to support the stability in the liberated areas, "noting that" the current trend will be towards the completion of quick projects with the low cost of returning the displaced as soon as possible.

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Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat