DINARESGURUS.BLOGSPOT.COM__________________________

Monday, February 13, 2017

KTFA UPDATED, 13 FEB

KTFA:

LadyHammer:  Hi Frank!  Can't wait until the CC!   God Bless You!

Frank26:  Nor i !!! !!! !!!    I am in a Jubilant mood ............. Getting on in 15 minutes to sing my soul off and Smile ............. A Mile ……Tonight's CC will be ................... Rewarding !!!
Adsfbike:  I put my two week notice in today, go RV! Woohoo!!! All kidding aside I hope it RVs before I start my new job in two weeks. 

Frank26:   IMO ................ 1 would have been .............. Suffice.
FaithPrevails:  Frank, I see you are on and probably preparing for tonight. Your loyal followers spoke in great detail well into the night and more today.
....
The messages that we are receiving over the last week with colored postings three times, verbiage of celebration and the numerous other statements in notes and final articles are keeping us encouraged. We agree there is nothing left to be done but don't know who controls pushing the Eagle over the cliff.  We always thought he was ready and can't help to be suspect that the baby bird even under extreme pressure won't jump.

This leads us down dark thoughts of corruption and Middle Eastern practices which aren't historically ethical. Could it be that we have done all the dirty work with Daash, and Iraq could be trying to retrade the deal with them now having contracts and long lines of many waiting to do business. We know they have Gold in abundance and obviously oil. We are not sure that ICBC is good or bad especially owned by China who has immense military power.

Once MCP's were gone and the 72 hours WHO is forcing their hand. They tell us dates that they can't go past but TIME IS UP doesn't seem to affect them. Militia does a phenomenal job of summarizing all the positives but maybe we need to put as much emphasis on the WHAT IF'S scenarios.

It seems each time we get to the one yard line Iraq moves the goal posts without any consequences or concern about laws or directions.

Your video was great and guarded delivered by a tired man who doesn't have much left in the tank. As any great leader and YOU are …bad news doesn't get better with age.
You have taught us to think like a bank and many other things during this study. It may be time to start thinking like a Middle Eastern Politician.

I do hope you rested some and look forward to hearing yours and Delta's thoughts.

May God be with our KTFA Family

Frank26:  WOW !!! ............... THINK LIKE A BANK !!!
That is exactly what we will be saying tonight .............. WOW ............... DOW !!!
LET'S ROLL !!!
*************

BlessedKate:  BREAKING NEWS - U.S. markets closed at all-time highs on Monday, extending last week’s record run as investors hold onto expectations of rising inflation and more fiscal stimulus from President Donald J. Trump’s administration   

http://fxn.ws/2lIhMXO


BACKDOC:   MUCH HAS BEEN SAID ABOUT IRAQS' BUDGET (AS WE ALL KNOW)

 EVEN TODAY, IRAQ SPEAKS OF MAKING AMENDMENTS TO THE BUDGET ALREADY.
WELL, WE HAVE A GOOD IDEA WHAT THOSE AMENDMENTS ARE FOR, DON'T WE? Hee Hee

LET'S LOOK AT THE OTHER SIDE OF THE POND. ALTHOUGH THE U. S. BUDGET IS PASSED IN OCTOBER, THE FINANCE COMMITTEE WORKS ON 5 APPROPRIATION BILLS.

THOSE BILLS EVENTUALLY GET VOTED ON (USUALLY IN MARCH), THEREFORE I SUGGEST IT WILL BE NECESSARY FOR THE COMMITTEE TO KNOW HOW MUCH REVENUE THEY HAVE TO WORK WITH IN ORDER TO COMPLETE THESE BILLS FOR A FULL HOUSE VOTE.

THE NEXT FEW DAYS ARE CRITICAL FOR WORKING TOWARDS A CONCLUSION OF APPROPRIATING SPENDING IN THE U. S. BUDGET.


8@8, DOC   IMO

AN INCREMENTAL RETURN TO GOLD-BACKED NATIONAL CURRENCIES, 13 FEB

AN INCREMENTAL RETURN TO GOLD-BACKED NATIONAL CURRENCIES

JANUARY 30, 2017

And Why a Supra-Sovereign SDR Reserve Asset Just May Make That Work

By JC Collins

This article is from the Republican Party of Canada site and can be re-posted with proper credit given to either source.

Before the passage of the Federal Reserve Act in 1913 many nations had maintained a stable gold standard for decades. Both America and Canada established gold standards in the mid-1800’s which functioned until 1913. It was only after the Federal Reserve became the central bank of the United States that the dollars of both nations, and others around the world, began not to operate as originally structured.

One of the biggest and most widely used arguments against a gold standard is that such a system doesn’t factor in the highs and lows of regular business cycles. As such, economic growth could be stifled and liquidity would become scarce.

This was problematic with the emerging central bank mandates which would need to fine tune and tweak monetary policy through the use of interest rates and money velocity. The Consumer Price Index (CPI) and GDP deflators were the tools by which the central banks measured the performance of the economy and could expand or contract the money supply without the burden of gold standard restrictions.

Under a gold standard system the amount of gold mined would determine the long-run inflation rate as opposed to the manipulation of the monetary policy makers at the Federal Reserve and Bank of Canada. Though there are supportive arguments either way, rampant inflation would suggest that the fiat currency and central bank methodology has pushed monetary policy too far the other way and has created excess liquidity in the system which has been forced into areas designed to funnel heavy credit onto a mass consumer base that was not educated or informed on the reasons and risks.

This has expanded both personal debt and public governmental debt to the point where today most western nations have personal and sovereign debts which are becoming unmanageable. Our education systems do little to inform us of this reality and have in fact keep the populations of the western nations ignorant of alternatives which could be used to transition both financial systems and monetary systems back to a balanced and functional state.

There would need to be a concerted effort between trading nations on such a far-reaching strategy and mandate. Due to the inherent liquidity restrictions in a gold standard monetary system all nations which have entered into trade with one another would have to reach alignment on the framework of gold backed domestic currencies.

There are other options which could also be used to reach monetary balance and maintain inflation within an acceptable range.

The long-running plan of the International Monetary Fund (IMF) and other international institutions, along with The People’s Bank of China, to use the supra-sovereign Special Drawing Right (SDR) reserve asset in place of the USD in the global monetary system is one such option.

There has been endless debate and speculation on the future of the SDR as an international reserve asset in place of the dollar. Quota amounts and governance reforms have taken place to build the initial framework of such a system. These changes to the IMF have brought the realities of an emerging world into focus and discussion.

The core fear and reluctance for some regarding the SDR is that nations would have to submit to a loss of sovereignty and ownership of resources. Though this is somewhat factual and merits concern, a broader use of the SDR could be implemented without such losses and could in fact contribute to the implementation of domestic gold standards for the nations which choose to use the SDR as a method of balancing trade amongst themselves.
How would this look?

A full gold standard would have too many restrictions but if a nation included other resources and population demographics in the valuation and composition of its domestic currency the use of the SDR would serve the sovereign needs of each nation as opposed to reducing sovereignty. Even GDP could be added to the currency composition as a means of encouraging economic growth and sustainability.

It is important to differentiate that these factors and indicators would be added into the composition of the domestic currencies as opposed to directly into the SDR composition. This is the difference between maintaining national sovereignty and relinquishing sovereignty to an international authority such as the IMF.

The SDR quota amount only of each nation would be based on the economic output, resources, and other indicators which would be controlled by the domestic monetary policies of the government and the effectiveness of private industry in managing the business cycles. This would allow each nation to capitalize on the benefits of an SDR supra-sovereign asset without relinquishing any autonomy and sovereignty as they would retain control over resources and the domestic economic policy making.

Another opportunity which such a framework would provide is the ability to reform the central banks of the respective nations, dependent upon the effectiveness of their domestic monetary and financial policies. The Federal Reserve and Bank of Canada could be restructured to meet the needs and objectives of a gold and resource backed domestic currency.

Here in Canada this would look like the BoC acting as the intermediary between the provinces on balancing the other economic indicators which serve to complete the valuation composition of the Canadian dollar, such as population demographics, getting resources to market, and the lowering of public and private debt.

It would serve as a creditor between provinces as each work towards the attainment of their own respective and unique economic indicators.

Nations which are not resource rich could barter amongst other nations within the framework of the SDR quota system. This could look like one nation trading oil reserves for other raw product or labor with the SDR quota framework caring the burden so that the domestic currencies of each nations are protected from the international imbalances which have been inherent in the USD based unipolar reserve system since 1913.

These changes could not take place overnight and would require years of monetary and fiscal adjustments as an incremental approach was taken to altering the currency composition of each nation. With each increase of gold, resources, and other indicators, the fiat percentage of the currency composition could be reduced and the transformation of the central banks could take place.

Under such a system the need for the excessive taxation through the Internal Revenue Agency in America and Revenue Canada in the North to manage ever-growing sovereign debts would be reduced and the overall tax burden on the people would be lifted. Such fundamental changes to how our economies, industries, and banking function would set the stage for further government reduction and empowerment of the people. – JC

http://philosophyofmetrics.com/an-incremental-return-to-gold-backed-national-currencies/

TNT UPDATE, 13 FEB

TNT:

Gingersnap:  53 to 47... Mcnuchin (sp) has been voted in..according to CNN

Rls316551: White house is swearing in Treasury secretary tonight within hours

Fancy01: Woooooooooooooooo Wooooooooooooooooooooooooo!
 
https://www.bloomberg.com/news/articles/2017-02-14/steven-mnuchin-is-c​onfirmed-by-senate-to-be-treasury-secretary

Dinara:  Treasury guy being in is great! One more thing done!  It seams a lot of people who have good contacts are thinking this week it will happen.
.
Dalred123:  I'm pretty excited for this week…. Guys things are looking good and moving

BettyBoop123:  Steven T. Mnuchin Sworn in as Secretary of the Treasury

Luvwulfs:  Let's see....banks mentioning call centers and telling customers to check back again tomorrow, fwiw Munchin confirmed. ..I'm good ;) let's rock n roll

DINAR GURUS UPDATE, 13 FEB

2-13-2017   Intel Guru ADMINBILL   THIS SHOULD BE A VERY INTERESTING WEEK FOR US ALL.  DO NOT LOOK FOR AN EVENT TO OCCUR FATHER SIT BACK AND BE READY TO TAKE ACTION. BASED UPON WHAT I HAVE BEEN INFORMED THE PROCESS IS NEARING AN END AND SHOULD BE COMPLETED THIS WEEK.   I AM NOT SURE WHEN EACH CURRENCY WILL ROLL OUT NOR DO I CARE.  ONCE IT STARTS WE WILL KNOW THE REST WILL FOLLOW AND THAT IS ALL THAT MATTERS...WE WILL BE HAPPY.

2-13-2017   Newshound/Intel Guru
 BGG   [Can someone explain why this CANNOT revalue at .05? and I mean CANNOT, not why you THINK it won't. In addition, if it does increase to that number, it's still considered an RV and increase in purchasing power, much more than they have now. DO they HAVE TO RV? Do they HAVE TO increase to a logial rate?...]   1) It can easily "revalue" to .05 - fact... will it?...   2) It would be considered some kind of "upping" of purchasing power - but won't change my calculus ONE LITTLE BIT. NOT ONE...  3) Do they have to? Maybe not - but it is clear they WANT TO - IN THE WORST WAY... bad enough the are taking their Q's from the UN, IMF and WB - BANK ON IT.

2-13-2017   Intel Guru Frank26
   Time is up...We do not give you a date...we do not give you a rate.  There is a period of 72 hours that would be given to Iraq and IMO the 72 hours is up.  The 72 hours began when all of the agencies, the UN, IMF, WB were in agreement with Iraq...when all the work was complete...I believe they completed a lot of the steps of the Monetary Reform and the period of 72 hours is up, IMO. The 72 hours is a time to prepare in which Iraq would release a new rate and I believe that time is up.  IMO, Iraq is being thrown off of a cliff like a baby eagle and we expect it to fly.  This is a time to celebrate.

Restored Republic via a GCR as of Feb. 13 2017

Restored Republic via a GCR as of Feb. 13 2017

Compiled in the early morning hours EST of 13 Feb. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abuse Recovery www.ChildAbuseRecovery.com; Author, "Twenty Two Faces," www.22faces.com.

A. Feb. 12 2017 11:11 pm EST Geopolitical GCR/RV Overview: "World Peace" - Geopolitical/GCR/RV Overview - Sunday - February 12, 2017

1. All 209 sovereign nations of the world including United States, Israel and Ukraine, have waited for a meaningful and lasting peace treaty between Israel and Palestine.

2. Bibi Netanyahu was fundamentally against peace as his dark nobility mandate was to expand Israeli's territory beyond the boarders of Israel. This was not the opinion of most Israeli citizens. Netanyahu couldn't fight a war on two political fronts and remain in the majority with Israeli citizens, so he has been forced to choose peace or war for Israel. http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Netanyahu-to-tell-Trump-he-supports-a-Palestinian-state-481360

3. China, Russia and India defeated the United States of America, Inc. through a currency war which began in 2001 after the 9/11 attacks. However, this fight actually went back to 1871 when Eastern European dark nobility set out to control 100% of the world's affairs via political and military treachery and deceit without limitation.

4. The Vatican was the sole owner of the United States of America, Inc., which defaulted on it's credit facility the Federal Reserve Bank in December of 2012, and came out of international bankruptcy in August of 2015.

5. The Jesuits, Saudi's, European Union, American Neo-cons and CIA were a big part of this Cabal plan. The Cabal was at the top of all formal governments leadership organizations, agencies and think tanks.

6. The Cabal even had three war strategy that ended in the Middle East, and included an all out war between the Christians, Muslims and Hebrews, which ultimately gave absolute power to Israel under the auspice of a New One World Religion, thus creating the infamous One World Order.

7. Humanity and some benevolent friends stepped in and reversed the course, thus altering human history. By publicly forcing the elected leaders and the United States and Israel to publicly announce together that Palestine had a legal right to exist, as did Israel, was the point of this horrific and chaotic election season/debauchery. A new US administration was Netanyahu's last hope for reversing Iran's new dominance in the region, as well as the two state solution agreed to by 70 nations this winter in France, including the UN Security Council. All was solidified via a formula resolution before Obama's term ended.

8. The Middle East dilemma had now been solved so we could move past this horrific usury and austerity period in human history

9. That's what we've all been waiting on, Israel's pubic surrender to peace - as well as indirect past occupation of Palestinian land dating back to 1948.

10. The Chinese Elders (owners of the gold that backs the new financial system) simply waited out even the hardest core Zionists until they had no other option but to accept the new financial system, which required complete peace and prosperity everywhere in the world, including Israeli, Palestine and Ukraine.

11. Neither Israel nor the United States could move forward financially until both countries are at absolute peace per GESARA compliance requirements. Neither could the Ukraine for that matter. All wars between nations must be pre-settled via legal internationally treaty by legal forms of government, and adhered to, without exception.

12. Peace would be accomplished later this week when Netanyahu visited the US to meet with President Trump on Thurs. Feb.16.

13. Both men would be excused from their positions of power with amnesty - as was their agreements with the NPTB - who permanently hold all the political, military, financial and geopolitical cards in terms of forcing all sovereign nations to exist in peace.

14. Now there was no other option for the world but to RV.

15. This would most certainly include the announcement of a global gold standard being implemented, international VAT tax, and yes global currencies resetting per the developer, turned actor, turned politician Donald J. Trump's own mouth Friday, when he open spoke of a "level playing field coming very soon" as it related to global trade and currency parity. https://www.bloomberg.com/politics/articles/2017-02-10/trump-vows-level-playing-field-for-u-s-japan-china-currency

16. What we were waiting on was the once though unsolvable Middle East piece to complete a GESARA World Peace puzzle.

17. The second that snaped into place (hopefully on Thurs. Feb. 16), and the Elders felt they had it firmly in hand without an ability to be reversed - the RV would be released globally and General Dunford would execute his genius below-the-radar roll out.

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

B. Feb. 12 2017 5pm EST Operation Disclosure Intel Situation Report: Intel SITREP - 17:00 EST - Sunday - February 12, 2017 http://operationdisclosure.blogspot.com/

1. The massive US delivery mechanism is in permanent forward position, ready to launch the RV at a moments notice.

2. General Dunford is just awaiting the last all clear from China to formally release.

3. The RV is not a political or banking situation any longer, it's purely a military delivery responsibility.

4. The Elders want Middle East peace negotiations to conclude.

5. We understand that both Israel (Netanyahu) and Ukraine (Poroshenko) formally surrendered to peace talks before midnight Sat. Feb. 11 2017. That was their deadline for decision making. These two leaders were the Cabal's hardest cored dark nobility legacies, and they fought until the bitter end.

6. Sovereign rates are reserved for sovereign servants of the greater good who were dedicated to humanitarian programs, so if you don't feel you qualify as lifetime philanthropist, please consider accepting a lower rate.
************

C. Feb. 12 2017 10:36 am EST: Elimination of the IRS, Tax Reduction & NESARA: RV Update You May Want to Hear by RDK

1. Our financial system has been slipping away since just after 1900 with the birth of the Federal Reserve brought about by a handful of very wealthy banking families.

2. This ride into financial chaos gained momentum in 1933 with then President Franklin D. Roosevelt taking us off the gold standard.

3. The problem was taken even further in August 1971 during the Nixon administration when the international monetary system was changed from gold to fiat - which created money that had no basis for value and was being printed out of thin air.

4. President Kennedy was assassinated because the week before he was found to be putting us back on the gold standard. US notes were already printed and being circulated when he was killed. (These notes still are in circulation and are gold backed.)

5. There was an attempt on President Reagan's life after he announced that he wanted to do away with the Federal Reserve.

6. Through four years of the Bush presidency, eight years of Bill Clinton, eight years of Bush Jr. and eight years of Obama there was a small circle of global ruling elite in power to hold the purse strings and dictate the fiat dollar monetary policy.

7. Now enters President Donald Trump. As of this past week, he has told us of two major events on his agenda that we would be experiencing in short order: a reduction in taxes and putting the US dollar on a level playing field with global currencies (aka: the GCR).

8. Harvey Francis Barnard created the NESARA proposal during the early 1990s, titled it "Draining the Swamp: Monetary and Fiscal Policy Reform 1996" and sent it to Congress.

9. There is a ton of misinformation on the internet about NESARA meant to discredit. Many believe the NESARA law was passed in Congress and signed by Bill Clinton (under duress), though has never been implimented.

10. This week Trump is implimenting part of the NESARA Law via a Tax reduction and returning the US to a gold and asset backed currency.

11. The Federal Reserve and Central bank elimination has already been done through bankruptcy.

12. The Internal Revenue Service was a private corporation and collection arm for the Federal Reserve domiciled in Puerto Rico. With the elimination of the Federal Reserve (through bankruptcy), creation of BRICS and the GCR, the IRS was no longer needed.

13. US taxpayer reduction will be done by eliminating the IRS and collecting taxes through a national sales tax of around 15% on first time purchases (with no tax on food and medicine purchases).

14. A wonderful part of this is no longer paying taxes on one's wages. Now taxation will be for all people who shop; not just for those of us who work.

15. At yesterday's press conference with Prime Minister Abe from Japan, President Trump stated very clearly that there will now be a "level playing field" in trade and currency. This addressed the Global Currency Reset.

16. The GCR is a fluid situation, though the most accurate time frame one can predict is for it's implimentation any time from now until next Tues. Feb. 14.

17. Some in power have done everything they could to stall this as they know when Mnucihin is sworn in as Secretary of the Treasury on Tues Feb. 14, the financial sector is removed from their control and there will in turn be many, many new multi-millionaires and billionaires among "we the people".

18. President Trump declared at his inauguration, "We are not merely transferring power from one administration to another, or from one party to another, but we are transferring power from Washington, D.C. and giving it back to you, the people.

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

D. Feb. 12 2017 2:12 am EST GCR Op-Ed: "Sovereigns" - GCR/RV Op-Ed - Sunday - February 12, 2017

1. There's a price to pay for your new fortune, and you've paid it. Congratulations!

2. Know with every zero you negotiate brings with it an equal value of responsibility.
The higher the rate you receive, the greater your burden shall be, yet also the greater the lessons attached will yield.

3.Vice versa: the smaller the amount you request, the easier your journey will be, but also the less credits your soul earns in Heaven.

4. How much were you willing to endure in order to position your life to serve others?

5. There's no benevolent or Heavenly truth in having more money versus having less. It's after all, just a number.

6. The RV is but a test of how much mercy you dare receive, and ultimately, how much grace you might imagine disbursing to God's Children ... in Christ's name.

7. Love is the only answer to the RV test, with illusionary fears surrounding your choices at every turn.

8. Earthly wealth equates directly to spiritual weight, so the larger your sudden financial blessing, the greater the earthly burden shall be placed upon your soul forevermore.

9. Ready for that kind of heat? Prepared for that epic challenge? Trained for that length of marathon?

10. Consider this humbling truth when negotiating and redeeming your currency. Leave the sovereign rates for the sovereigns. There's absolutely no disgrace in taking less, just slower ascension.

 

LOOP UPDATE, 13 FEB

loop 

 The banking sector is light years ahead of where it was just a year ago.

 All of their actions point to getting ready to for entry into the world markets.

 IMO.

02.1
2.2017
~~~~~~~~~~~~

Article:  "Association of private banks is discussing with the US Treasury delegation and the reality of the Iraqi banking sector and its future  Banks"   So representatives from US Treasury, New York branch of the Federal Reserve, and the manager for the Bank of York flew all the way to Iraq to pat them on the back and say good job. This in and by itself is great news...

However the more that I think about this the more convinced I am that there is more to their visit then what the news is reporting.

STILL LOVING THE NEWS.

2-11-2017   


~~~~~~~~~~~~~~

  Article:  "Association of private banks is discussing with the US Treasury delegation and the reality of the Iraqi banking sector and its future  Banks" 

 The Association of Private Banks had a meeting.

 Look who was there!  Look at the focus of the meeting. Current efforts to combat terrorist financing and money laundering as well as continued training of employees in the aforementioned areas and providing the best banking services.

 John Sullivan, the US Treasury representative currently stationed at the the US Embassy in Baghdad, "expressed appreciation" for their efforts. John Sullivan is the same person who made the statement back in December that Iraq has accomplished more financial sector reforms during 2016 then in the previous 13 years combined.

 We continue to see outside financial/banking concerns expressing how well Iraq is doing with reforms in this area.

They still have lots of work to do, but they continue to take the needed steps to enter the global financial markets again...IMO.


  Article:   "A parliamentary committee proposes assigning state - owned companies to guarantee deposits of private banks"  

Quote:  "Parliamentary Finance Committee has proposed converting an Iraqi insurance companies to the guarantor institution to domestic banks in order to restore trust between the citizen and the banks."

  This is something right out of the IMF SBA banking reforms.

They need to guarantee those deposits and it appears that they have figured out a way to do just that. If the citizens do not trust the banks the economy will struggle.

 The banks need the liquidity.



02.10.2017
~~~~~~~~~~
Article:  "Sabri: government measures raise customs state revenues"

 Iraq went from collecting 1/2 a billions dinars in customs duties in Jan 2016 to finishing the year with 24 billion dinars collect for the entire year.

 More than quadrupling January 2016 custom duties every month. 

And they are still fixing working on fixing some of the issues that have come to light at some of the points of entry.

Again this is right in line with the IMF's SBA.

2-8-2017 

BREITLING UPDATE, 13 FEB

Breitling

  I have the Vietnamese currency and I’m watching very closely what’s going on with China.

 Vietnam competes with and follows China.

 If China lowers the value of it’s currency, Vietnam going to lower the value of it’s currency…because it’s a competing labor force.  It’s what those countries have.

 If China raises the value of it’s currency, Vietnam’s going to follow. 

So what’s on the table for China?  The reason they can lower the value of their currency is because the number one market is the United States.  We are the biggest consumer on the planet.  And if there’s no tariffs then guess what?  They can devalue their currency all they want.

 But the minute we put tariffs on anything coming into the United States from China then it’s a bad idea to lower the value of your currency….

…Because now it’s impossible to cheat.  What are they going to be forced to do?  They [China] are going to be forced to add value to their currency.  And Vietnam is going to add value to their currency.  That’s what I anticipate coming down…whether it’s 2017, 2018 or 2019 I don’t know.  I depend on numbers.  i depend on policy and it helps me speculate.  You need to concentrate on that word speculate.  I don’t have a crystal ball…I believe in the reevaluation of the Vietnamese currency.  But I don’t think the Vietnamese currency and the dinar are going to revalue at the same time and there is no sort of global reset.  that’s the biggest lie I’ve ever heard.  
2-11-2017 

~~~~~~~~~~~~

 ….We’ll wake up and just find out.  At what rate?  At what pace?  We don’t know…let’s say it revalues at .05 cents or .10 cents… I’ve been trying to talk people into understanding what could happen and not jumping off a stinking bridge or jumping out of a basement window because it doesn’t come out at a dollar seven the first night. 

The value will go up.  It will progress.  The value will keep going up….don’t get stuck on the day it’s going to revalue and what it is. 

It’s going to take a while to trend...and how the market in Iraq reacts.  It’s not a magic wand.  It never was and never will be. 

2-10-2017

WSOMN TIDBIT, 13 FEB

ADMINBILL:  MONDAY, FEBRUARY 13, 2017 (0930 MT)

THIS SHOULD BE A VERY INTERESTING WEEK FOR US ALL.

DO NOT LOOK FOR AN EVENT TO OCCUR FATHER SIT BACK AND BE READY TO TAKE ACTION.

 BASED UPON WHAT I HAVE BEEN INFORMED THE PROCESS IS NEARING AN END AND SHOULD BE COMPLETED THIS WEEK.

I AM NOT SURE WHEN EACH CURRENCY WILL ROLL OUT NOR DO I CARE.

ONCE IT STARTS WE WILL KNOW THE REST WILL FOLLOW AND THAT IS ALL THAT MATTERS. BE IT ZIM, DINAR, DONG, ETC WE WILL BE HAPPY.

FRANK26 UPDATE, 13 FEB


KTFA UPDATE, 13 FEB


KTFA:

RE: Frank26 Sunday Night Video  
 
Molson88:  Frank asked us to study: ICBC Bank (Industrial and Commercial Bank of China Limited)

--------------------------------------------
1、WHO WE ARE

Your Global Partner, Your Reliable Bank

Industrial and Commercial Bank of China Limited (“ICBC”), listed on both SSE and SEHK, is the largest bank in the world by total assets[ SNL data, as of 2014.]. It has its presence in six continents, and its overseas network has expanded to more than 40 countries and regions. For several times, ICBC was ranked in the first place of the largest public enterprise in the world among the Global 2000 listed by the US magazine Forbes.

The Industrial and Commercial Bank of China (USA) NA (“ICBC USA” or the “Bank”) is the U.S. subsidiary of ICBC with ICBC as the Controlling Shareholder owning 80% shares, East Asia Holding Company, Inc. owning the other 20%. ICBC USA is a national bank chartered by the Office of the Comptroller of the Currency. It operates thirteen branches in New York and California, with three in New York, five in San Francisco Bay area in northern California and five in greater Los Angeles area in southern California.

In the United States, including the Bank ICBC has four institutions providing a full suite financial services to consumer, business, and financial institution customers. ICBC NYBR engages in wholesale deposit-taking, lending, and other banking services primarily for business clients.

The branch also serves as the U.S. dollar clearing center for ICBC. ICBC FS provides primarily fixed-income securities clearing and financing services to institutional clients. In 2015, ICBC purchased 60% controlling interest in Standard Bank Plc and formed ICBC Standard New York, which provides trading service of securities, commodities, and foreign exchange.

2. THE MISSION OF ICBC USA

To Support Local Economic Development

To Create Value for Sino-US Cross-Border Customers

To Promote USD – RMB Exchange

ICBC USA has the mission of promoting the ICBC brand in USA to the image of a global leading bank with the best profitability, performance and prestige. Its goal is to establish itself as a profitable bank focusing on the cross-border niche market between US and China. It aims to do so with its expertise, service capabilities, and an effective branch network in major urban centers. ICBC USA also makes effort to support local community development through offering credits, education and donations to local retail business, households and organizations following Community Reinvestment Act.

With strong management capability and leading technology, ICBC USA will be actively engaged in providing services to consumer, business and institution customers in the areas of deposit taking, lending, remittances, and settlement. As the extension of ICBC Global service network into U.S. market, the Bank will dedicate to become a new bridge for Sino-US trade and economic development and a new platform for bilateral financial exchanges and cooperation.  Link

Frank26:  BRAVO !!! !!! !!! 
 
************

JodysAngel:  So did anyone figure out what happened to the site?  I finally got to see the video after 11:00 pm  

Frank26:  Web Master said there were over 3000 members trying to get on all at once ................ Then we go BOOM…lol

MarknLinda:  Hi Frank! We just looked up ICBC and saw it is also strangely located inside Trump Towers among other areas of the world and in the Middle East...As of June 2015 it is Valued over 3.6 Trillion dollars...It is the largest bank in the world by total assets...and one of the largest by market capitalization...  WOW!!

Frank26:  That's MY Student ......... Well done You two ........ Very well done indeed.....


StephenMac:  It seems ICBC is also the provider to the IMF for when loans to countries are given.

Agreement With IMF Monitoring Will Help Iraq to Overcome Financial Crisis: Official

Iraqi Finance Minister Hoshyar Zebari said that the agreement with International Monetary Fund (IMF) to monitor Baghdad economic policies will help Iraq to overcome the financial crisis by improving the performance of the country's monetary institutions, Iraqi official television reported on Wednesday.

"The agreement with IMF is to improve the fiscal and monetary performance in order to stabilize the monetary situation in Iraq. This is a positive program which will help Iraq to overcome the (financial) crisis," the state-run Iraqiya channel quoted Zebari as saying.
Zebari's comment came after his ministry agreed with IMF on a memorandum of understanding on Tuesday evening in Amman, the capital of neighboring Jordan, which allows IMF to monitor the Iraqi economic policies in accordance with Staff-Monitored Program (SMP) for the remaining period of 2015 and 2016.

A statement issued by the Finance Ministry statement after the agreement said "the program aims to assist Iraq in reforming its foreign exchange policy, financial management and banking supervision."

"The procedures that have been agreed upon aimed at implementing standards to maintain the stability of the financial sector," the statement said, adding that the agreement is an important step that would "strengthen Iraq's international status in the global financial markets" and paves the way for Iraq to obtain loans from international financial institutions and states.

The agreement with IMF came after 10 days of talks between the two sides, and Iraq was represented by experts from finance, oil and planning ministries in addition to the governor of the Central Bank of Iraq, it added.

On Oct. 18, the Iraqi cabinet approved the budget proposal for 2016 with total expenditure of 106 trillion Iraqi Dinar (about 87 billion U.S. dollars), with deficit of 23 trillion Iraqi Dinar (18.852 billion U.S. dollars).

As the crude oil price sharply decreased during the past few years, the government was obliged to design the 2016 draft budget in the light of the de facto situations and proposed reduction on public expenditure.

Observers see that the latest agreement with IMF is part of comprehensive reform plan pledged earlier by Iraqi Prime Minister Haider al-Abadi to combat corruption and mismanagement in all government institutions and economic policies.

Such failure pushed angry Iraqis in Baghdad and several other cities in the south to protest against slack public services, power shortage and massive corruption.

http://www.icbkus.com/icbc/investment/securities/AgreementWithIMFMonitoringWillHelpIraqtoOvercomeFinancialCrisisOfficial.htm

TNT UPDATE, 13 FEB

Maninc56:  Here is hoping a new Treasury Secretary jump starts the process
Hey, All!!  CSpan 2 programming schedule for tomorrow shows what we have waited for regarding the Treasury Secretary.

* At 12 noon Eastern Monday, the 7 hour debate/discussion time allowed for Steve Mnuchin is scheduled. 

* At 7 p.m. Eastern time Monday evening, the confirmation vote takes place with a 3+ hour time-frame for this. 

* At 10:00 p.m. the swearing in takes place.
 
* Three separate sources state the 800#s will be released shortly thereafter.
Info people are saying Tuesday/Wednesday for making appointments and doing exchanges. 

Bottom line for the update I sent out on Saturday is that we should be listening for President Trump and Treasury Secretary Mnuchin to disclose our return to the gold standard. 

Our currency - United States Notes - will once again be asset-backed and tied to gold. 

The Global Currency Reset taking place brings all nations' monetary systems back to asset-backed currency.  Don't yawn - this directly affects us all and is huge!

Now - two guesses whose signature will now be on our new currency....

By the way, I had to look up that pronunciation myself and it helps to "see" it...