DINARESGURUS.BLOGSPOT.COM__________________________

Monday, February 20, 2017

TNT UPDATED, 20 FEB

TNT:

SassyD:  If you wrote EVERY piece of positive GCR news, in the last 2 years, on one jigsaw puzzle piece at a time.... then also added the conditions of world events to those puzzle pieces.... you would begin to SEE the big picture !!

SassyD:  DC Quote from a call: "I’m also gonna say this three times throughout the thing, ‘cause Churchill always tells us say it three times, and that is this is subject to change, that everybody remain flexible, okay? Again, this is subject to change, everybody remain flexible. And one more time, SUBJECT TO CHANGE, EVERYBODY REMAIN FLEXIBLE."

RLS31651:  For those who say tomorrow will never come, not true for tomorrow always becomes today, and today will always become yesterday, don't face yesterday without being prepared

Harambe:  Bloomberg: Iraq Says Proven Oil Reserves Rise to 153 Billion Barrels https://www.bloomberg.com/news/articles/2017-02-19/iraq-says-proven-oi​l-reserves-rise-to-153-billion-barrels

SassyD:  Household Debt Climbs to $12.58 Trillion, Just Shy of Its 2008 Peak I​ncrease largely due to credit card and student loan debt -- February 1​9, 2017 -- http://freebeacon.com/issues/household-debt-climbs-12-58-trillion-just​-shy-2008-peak/

JESTER UPDATE, 20 FEB

Jester’sPlace: (Late Sun. Night)

[JESTER] THE BIG PICTURE IS A TRANSITION OF INTERACTION AND ECONOMIC RELATIONS... AWAY FROM THE DOLLAR TO A MORE STABLE AND LEVEL PLAYING FIELD FOR EVERY COUNTRY TO BE INVOLVED INSTEAD OF PAYING THE US FOR THE PRIVILEGE...

IT IS GOING TO TAKE TRUMP A BIT OF TIME TO GET SOME THINGS UP TO SPEED IMO...

ALL THESE GURUS ASSUME THIS IS THE MOST IMPORTANT THING ON HIS PLATE FOR SOME REASON... IT IS ONLY A BIG DEAL FOR US...

DINARLAND THINKS THIS IS THE ONLY THING IN THE WORLD RIGHT NOW... AND THAT JUST ISN'T THE CASE..

HE WILL LIKE TO MAKE SURE THE US COMES OUT WITH A GOOD PART IN THE DEAL... AND AS YOU KNOW O DID NOT LIKE THAT... SO IT IS GOING TO TAKE A BIT OF TIME..
 
[JESTER] A COUPLE OF YEARS AGO THE WORLD HAD GIVEN UP ON THAT... THE US WAS ABOUT TO BE IN A HELL OF A MESS...
 
[JESTER] AS I HAVE TOLD YOU BEFORE... IT HAD TO WORK OUT FOR EVERYONE... AND NOW IT WILL... THINGS CHANGED... O... THAT IS OBVIOUS...
 
[Truth] JESTER took a long time getting things messed up like it is and it will take some time to get up to speed. Thankful he is working to that end. We have much to be grateful for.
 
[JESTER] BUT THERE IS STILL WORK TO DO.. IT IS SERIOUS BUSINESS TRYING TO CHANGE THE WAY THE ECONOMICS AND MONETARY SYSTEM WORKS IN THE WORLD...

YA'LL HAVE A GREAT EVENING... TAKE SOME TIME OUT TOMORROW AND DO SOMETHING FUN...

ADMINBILL TIDBIT, 20 FEB

ADMINBILL:  MONDAY, FEBRUARY 20, 2017 (0915 MT) ENJOY PRESIDENTS DAY

ANOTHER SHORT TIDBIT. I EXPECT A MAJOR ACTION TUESDAY OR THURSDAY. WHEN IT OCCURS, WE ARE THERE. 

KTFA UPDATE, 20 FEB

Frank26:  Have said .............. "We are beyond the RV inside of Iraq".
As they complete the S and S that has developed INSIDE of Iraq via Mosul that is ready enough for an RV IMO ............ It is the OUTSIDE that NOW has Abloom. 
What was told to the Rose that cause it to Unfold?
Join me on Your MONDAY CC .................... In Full Bloom tonight...........



Walkingstick: Raise the price of the Iraqi dinar to the fore again

Version: paper – International Monday, February 20, 2017 (00: 0 - GMT)
 
Some Iraqi economist calls for the government to lift the Iraqi dinar exchange rate against the dollar until the rising purchasing power and increasing confidence it represents the sovereignty of Iraq, and calling for the need to stop the «dollarization» economy by preventing the deal internally by making local transactions are limited to the use of the Iraqi dinar only. 

It must be pointed out that 70 percent of the currency in circulation was covered in gold and foreign currencies until 1981, and the remaining bonds Iraqi government (currency) Act, and Iraq was then applied to the remnants of the gold standard system. In order to maintain the cover, successive governments have continued to link fiscal policy, especially current spending and investment, the status of the balance of payments, and the latter was determined by the government's revenue from oil exports.

But the success of this linkage administrative restrictions applied to the outside, both the conversion, trade in goods, services and movement of capital. Thus followed the monetary and fiscal policies the province has maintained the stability of the Iraqi dinar is installed by the Central Bank of $ 3.2 dinar. 

And it gave a commitment to cover the dinar ease monetary authority in the exercise of its duties, where he was only concerned with maintaining the stability of the currency, but that check on economic development that have not been spending the expense of the adequacy of fear that increased spending affect the stability of the currency.

But during the Iraq war - Iran that caused Ptlashi Iraq precautions huge foreign currency, the Iraqi government abandoned the currency law and began to spend on the war without quantitative restrictions, causing a continuous decline in the dinar exchange rate against the dollar and other major foreign currencies, because of the increasing gap between the Iraqi currency supply and demand.

And increased the economic embargo imposed on Iraq in 1991 it worseDespite holding the government at official exchange rate (US $ 3.2) for official transactions, resulting from the continuation of the growing imbalance between the currency volume in circulation and demand for another rate of the dinar is the parallel market rate or the black market, we arrived at certain times to 4000 dinars to the dollar. 

After the occupation of Iraq in 2003, and lift the ban on oil exports and reserves of foreign currency deposits abroad and the resort's central bank to regulate the daily auctions to sell the dollar, which means the withdrawal of part of the local currency, the value of the Iraqi dinar to rise began gradually until it reached 1200 dinars to the dollar, and remained range around this average.

And deprived the Iraqi - Iranian war conditions and the economic blockade after the Iraqi dinar many regarded as a store of value and medium of circulation, what caused the shift most transactions at home and especially internal trade in goods and services, to the dollar, and thus has «dollarization» of the Iraqi economy. 

From this background on how the Iraqi dinar exchange rate over the last 36 years the price of change, and how it has «dollarization» economy, it is time to discuss the claims of some economists now demanding higher when the dinar exchange rate and stop «dollarization»

Since more than four years and officials in Iraq are talking about a project monetary reform in which to raise the Iraqi currency exchange rate against the dollar so that the new dinar equals 1.2 dinars to the dollar instead of 1200.

But the move was postponed to a later date due to the exit of some Iraqi areas under government control after the occupation of «Daesh» her. Then the military operations began to recover these areas which still exist.

The government is expected to return to the project itself after the end of military operations. If the monetary reform is successful, there will no longer need to use the US dollar in local transactions. The latter earned after the completion of daily transactions difficult with the arrival of the dollar value of one thousand dinars to become, making individuals resort to dealing in dollars instead of the dinar, especially in large transactions in the hoarding of currency. 

But monetary reform as mentioned above does not mean setting a new official exchange rate of the dinar against the dollar. If under the floating exchange rate as it is currently, the rise or fall according to the relationship between the width of the dinar and demand, the higher the stability of the dinar against the display or low demand, price declines cashed in against the dollar.
 
And it gets the contrary, if the width of the dinar fell against the stability or rising demand. The monetary authority may resort to the installation of the new exchange to the dollar or to a basket of currencies. But in any case, is not advisable to adopt a high exchange rate, it does not give effect to the economy or raise the value of national sovereignty, as some believe, but have negative effects in the economy.

The price of the Iraqi dinar former (US $ 3.2) was exaggerated and will continue to be overrated if has to return to it in the future. It will make imports cheaper, but it hinders improvement of production and export capacity of Iraq, it may be the price of one. 2 dinars to the dollar or dinar against the dollar is a good price. But on the government to follow the fiscal and monetary policies that help to maintain it. So we can say that the calls that we hear today the lifting of the dinar exchange rate and the abolition of «dollarization» claims the economy is not right for your first or can not be achieved by the monetary reform for the second.

http://www.alhayat.com/Opinion.....8%A7%D9%8B

Pmac:  Can some one say "Final Articles"... and stick a darn fork in this steak cause it's WELL DONE!!!!!!!

FaithBlossoms:  ..."so that the new dinar equals 1.2 dinars to the dollar instead of 1200."
Has there ever been an article before that just spells it out like this? Wow.

MilitiaMan:  Faith that is one dooooozy!! I don't think it can get any clearer than that.. Once she hits the FOREX watch the Fireworks give rise to it!

SITREP, 20 FEB

On Friday, February 17, there was a full scale global dry run of the RV roll out.

On Saturday, February 18, there were deployment of several special operations (over 2 dozen missions in multiple theaters within the last 24 hours).

On Sunday, February 19, a Monday ceasefire was announced for Donetsk, Ukraine between the Normandy Four (Ukraine, Germany, France, Russia). This was the last nation-state military conflict in the world.

On Monday, February 20, 2017 Japanese series 55:57 Bonds started processing, which are supposed to be the last sovereign asset released.

Looking back historically, Operation Neptune began D-Day on June 5, 1944--a day before Operation Overlord started with beach landings at the crack of dawn June 6, 1944.

We believe this same strategical tactic was repeated over the weekend, and NPTB military planners used President Trump's speech as both a global indicator and potential last attack bait (which worked).

At the same time, China stopped exporting coal from North Korea today, effectively bankrupting Kim Jong Un's entire economy--and the most likely the reason he had his defector brother assassinated.

At the same time, Russia stopped importing coal today, effectively freezing out the Ukrainian government for the remainder of the winter, forcing them to sign the Minsk agreements this week.

At the same time, Paul Ryan tells the Israel Knesset that the US Congress will not authorize payment on Israel's 38 Billion, 10 year military aid package until the American RV had successfully completed without incident from Israel (see the compromised dam wall in California near Sacramento and Reno; and the rogue plane shot down off the coast of Florida during Trump's Saturday speech/spectacle).

These 3 cabal die hard countries were the last of 209 sovereign nations who simply refused to play nice at the GCR table so that the world could receive its RV blessing.

Until now.

All are currently under control after the G20 meetings in Bonn, Germany this weekend, as none are prepared to endure the consequences of their continued disruptive and coordinated behaviors delaying the RV that their nation's had previously agreed to per GESARA treaty.

The ignition flame we believe is 100% in General Dunford's capable hands for worldwide release.

It's his call on when the Republic officially RV's, and thus catches fire with all other nations around the globe simultaneously.

FYI: Sunday night is the least traveled time to be on US roads, as well as the least surfed time to be on the Internet (3-5am).

God is with us.

(Iran) CBI Says Currency Fears Are Over, 20 FEB

(Iran)  CBI Says Currency Fears Are Over

Monday, February 20, 2017

The dollar has no role in the foreign trade sector, but it is the common currency of the world and therefore we need to define its role

The Central Bank of Iran has managed to control foreign exchange rates and promote a relative stability in the forex market despite a turbulent season that saw the rial drop to historic lows against the dollar, the bank's deputy for economic affairs said.

"In [the Iranian months of] Azar (November 21-December 20) and Dey (December 21-January 19), the currency market witnessed fluctuations that were mainly caused by [a peak in] seasonal trips, but the CBI brought back stability to the market," Peyman Qorbani was quoted as saying by IBENA on Sunday.
The official, who was speaking at a press conference, added that Arba'een pilgrimages to neighboring Iraq and the US presidential vote impacted the currency market, "but we were eventually able to control the fluctuations".

The Iranian foreign exchange market, with its dual official and unofficial market rates, has had an uneasy season in the final months of 2016 which saw the rial weaken to 41,500 per dollar. It has since strengthened to 40,000 to the dollar and was quoted at 38,100 to the greenback on Sunday.

Qorbani then looked at currency fluctuations of some other countries from July 2013 to January 2017, stating that the Turkish lira had registered 90.8% volatility, while figures for the Norwegian krone, the Canadian dollar and the euro stood at 43%, 27% and 3.25% respectively.

Iran's rial experienced a fluctuation of 22.9%, he added.

"Unfortunately, undue attention is given to the dollar in Iran," he said, noting that this is while the greenback wields "asymmetric" influence on Iran's imports and "is not of much significance".

The CBI official noted that "sensitivity toward the greenback runs high", as a result of which consumer prices rise when the dollar strengthens even as if the items in question were purchased in euro.

"The dollar has no role in the foreign trade sector, but it is the common currency of the world and therefore we need to define its role."

Single Exchange Rates 

Asked whether the exchange rates will be unified by the end of the current year in March as promised and whether the presidential election in May played a role, Qorbani said, "We want to have a gradual rate unification and an increase in correspondent banking relations is a prerequisite. With regard to this, we still have not reached a suitable level."

Iran's next presidential election is scheduled for May 10 in an event that would form the 12th administration after the Islamic Revolution in 1979.

Before the western sanctions and in 2006, 633 banks had correspondent relations with Iran, which drastically declined to 50 in 2014 when sanctions targeting the country's nuclear program intensified.

The trend is reportedly improving with the removal of sanctions and as of January 19, the number of international banks that have correspondent relations with Iran has risen to 238.
The CBI official also said interbank lending rates have been balanced as a result of the policies implemented by the central bank, noting that last year, the rates were higher than 29% while they have now been brought down to 18.8%.

"What is more, the average rates were consistently below 19%. While the rates ranged from 17 -24% in the first three weeks to February 9, the average for the month ending Feb. 18 was 18.9%," he said.

On the central bank's lending policies to support production, Qorbani referred to backing small- and medium-sized enterprises and revitalizing the housing sector as two important policies on the bank's agenda.

"To create a balance in various sector, 3.82 quadrillion rials ($100 billion) have been paid, 64.1% percent of which were to inject working capital [into businesses]," he said.

Short URL : https://goo.gl/PijjFd

KTFA UPDATE, 20 FEB

KTFA:

MilitiaMan:  This is asking the question where did you get the money?

Final Article 25 says $45 Billion in reserves.  It is dated January 30th real close. Iraq pays Iran $350 million of $1.3 billion and lights go on. Why... What happened in Munich?

Well. Pence spoke. The world spoke. Deals were made. Many deals. Siemens deal. Think about it. Iraq now has money.. With a program rate?

Tell me when, since we have learned that 90% of the trip zero notes are off the street and Iraq is paying bills and neighbors are responding and quite quickly!~. Militia Man

Samson:  Central Bank: the size of Iraq's reserves of foreign currency of $ 49 billion  http://www.alsumaria.tv/news/195636/link
************

Harley:  Just thought I would share this with you....I was traveling a couple of weeks ago and decided to stop at a currency exchange center in the airport and do a little prodding.  I asked the lady behind the counter "Do you have any information on Iraq?".  I didn't ask about the rate, or spread, or fees, or what-if scenarios, or anything like that, simply my question as I just stated.  Her reply to me was "We are not doing anything with Iraq right now, we are still waiting for them to revalue their currency."  So I said, "Oh, when is that happening?", and she replied "I don't know, it was supposed to happen last year, at least that was the rumor." That was the totality of our conversation.  I just thought her responses were very telling.