DINARESGURUS.BLOGSPOT.COM__________________________

Friday, August 4, 2017

DINAR IRAQ & DONG VIETNAM UPDATE, 4 AUGUST

Article: “The Ministry of Justice is implementing the electronic payment project for the salaries of its employees” Implementing yet another ministry, as the CBI moves to get each ministry electronic. The electronic banking is all part of the process to delete the zeros. So they are moving forward with the process slowly.
“Iraq studies oil swap for reconstruction 1st August, 2017 Iraq’s oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States...”
*****
Moody’s gives stable outlook for Iraqi government Moody’s Investor Service assigned a Caa1 long-term issuer rating with a stable outlook to the government of Iraq. The ratings agency said that the stable outlook reflected the balance struck between recent positive developments, such as security forces and support from the international community, and political and economic fragility. “Nevertheless, the political situation remains fragile and will do so for some time,” Moody’s said. Iraq’s proven oil reserves were 153 billion barrels, the fifth largest in the world, according to BP Statistical Review of World Energy. 

The supply glut has weighed down prices to around US$50 a barrel despite Opec’s efforts to curb the lull in oil prices. This places added pressure on Iraq as it relies on hydrocarbon revenues to the tune of 90 per cent of government revenues and nearly 100 per cent of exports. According to the latest data, oil accounts for about 50% of nominal GDP, nearly 100% of exports, and around 90% of government revenues. However, because oil extraction is a capital-intensive industry, it is not particularly important for employment, with only 1% of total employment in the sector. 

Moody’s said that the volatile oil market has caused a sharp slowdown in the country’s growth this year. “We are currently forecasting a 0.4 per cent contraction in growth in the economy, and looking ahead, growth between now and 2022 is likely to slow,” the ratings agency said. “After a growth rebound of 2.9% for 2018, the IMF is forecasting that real GDP growth will be between 1.7% and 2.1% through 2022.” Iraq’s deficit for last year was larger than targeted, 14.1 per cent of GDP versus 10.9 per cent. The IMF expects a large 9 percentage point deficit reduction this year, but that is almost entirely dependent on increases in oil revenue. 

Moody’s said that the government has significant reserves totaling around $40 billion, which will provide a fiscal buffer for when other sources of funding are constrained. Moody’s also gave a Caa1 senior unsecured rating to the country’s bond issuance as well as a B3 long-term local and foreign currency bond ceilings and Caa2 local and foreign currency deposit ceilings.

KTFA CHAT, 4 AUGUST

Millie:  GOOD MORNING. THINGS SURE SEEM TO BE MOVING AT AN  ACCELERATED PACE. THANKS FOR ALL THE ARTICLES NEWSHOUNDS!

JUST A THOUGHT HERE.... DURING THE CC WEDNESDAY FRANK ASKED HIS FREIND IF THE ATMS WERE LOADED WITH THE LOWER DENOMINATIONS AND THE ANSWER WAS NO... IMO AND FOR WHAT ITS WORTH, I DONT BELIEVE THEY WILL BE LOADED UNTIL AFTER THE RV.

HAVE A FANTASTIC WEEKEND.  WHO KNOWS,

SUNDAY COULD BE THE DAY

Pattycakes77:   Millie I agree with your statement. Many things that are in line needs the rv to move forward. Iraq cannot hold out much longer. Hoping and praying Sunday is our day.
....
***************

Samson:  KUWAIT TO HOLD INTERNATIONAL CONFERENCE ON REBUILDING IRAQ

3rd August, 2017

Kuwait has started extensive contacts with the World Bank to prepare for hosting a donor conference for the reconstruction of the Iraqi areas that have been liberated from Daesh control, Kuwait’s Deputy Foreign Minister Khaled Al-Jarallah announced yesterday.

Speaking in an event that was held at the Iraqi embassy to celebrate the liberation of Iraq’s northern city of Mosul, Al-Jarallah said that “there was no date set for the conference,” adding that “it is likely to be in the first quarter of next year [2018].”

“Kuwait has always stood by Iraq via the international coalition (fighting Daesh) and bilaterally,” the Kuwaiti minister noted.

Al-Jarallah pointed out that “there is coordination and harmony between Kuwait and Iraq to overcome any problems that may occur.” He also congratulated the Iraqi people on the recapture of Mosul fromm Daesh.

On 11 July, Kuwaiti Emir, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, told the Iraqi Prime Minister, Haider Al-Abadi, in a phone call that his country was ready to host an international conference on rebuilding the liberated areas in Iraq.

The World Bank had also welcomed the initiative, stressing that it would support the long-term reconstruction of the liberated areas in Iraq.

http://iraqdailyjournal.com/story-z15697596

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

Walkingstick:  Moody’s gives stable outlook for Iraqi government

The ratings agency said that positive developments balance the country’s shaky political and economic position

Moody’s Investor Service assigned a Caa1 long-term issuer rating with a stable outlook to the government of Iraq.

The ratings agency said that the stable outlook reflected the balance struck between recent positive developments, such as security forces and support from the international community, and political and economic fragility. “Nevertheless, the political situation remains fragile and will do so for some time,” Moody’s said.

Iraq’s proven oil reserves were 153 billion barrels, the fifth largest in the world, according to BP Statistical Review of World Energy. The supply glut has weighed down prices to around US$50 a barrel despite Opec’s efforts to curb the lull in oil prices. This places added pressure on Iraq as it relies on hydrocarbon revenues to the tune of 90 per cent of government revenues and nearly 100 per cent of exports.

According to the latest data, oil accounts for about 50% of nominal GDP, nearly 100% of exports, and around 90% of government revenues. However, because oil extraction is a capital-intensive industry, it is not particularly important for employment, with only 1% of total employment in the sector.

Moody’s said that the volatile oil market has caused a sharp slowdown in the country’s growth this year. “We are currently forecasting a 0.4 per cent contraction in growth in the economy, and looking ahead, growth between now and 2022 is likely to slow,” the ratings agency said. “After a growth rebound of 2.9% for 2018, the IMF is forecasting that real GDP growth will be between 1.7% and 2.1% through 2022.”

Iraq’s deficit for last year was larger than targeted, 14.1 per cent of GDP versus 10.9 per cent. The IMF expects a large 9 percentage point deficit reduction this year, but that is almost entirely dependent on increases in oil revenue.

Moody’s said that the government has significant reserves totaling around $40 billion, which will provide a fiscal buffer for when other sources of funding are constrained.

Moody’s also gave a Caa1 senior unsecured rating to the country’s bond issuance as well as a B3 long-term local and foreign currency bond ceilings and Caa2 local and foreign currency deposit ceilings.

https://www.thenational.ae/business/economy/moody-s-gives-stable-outlook-for-iraqi-government-1.616832

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

Hdmcwilliams:   Mahdi al-Alaq confirms the government’s move to economic reform to compensate for the decline in oil revenues

By   rami     August 3, 2017

 The Secretary-General of the Council of Ministers Mahdi Al-Alak, on Thursday, the government’s move towards economic reform to achieve comprehensive development and the gradual transition to the private sector, pointing to strive to compensate for the decline in oil revenues.

“The participation of the Baghdad Economic Forum comes in support of the government to the private sector,” Al-Alak said during his participation in a workshop for the Baghdad Economic Forum, according to a statement by his media office. “The government was keen to involve the private sector in all economic committees.”

“The government is moving toward economic reform to achieve comprehensive development and a gradual transition to the private sector, and Iraq, having overcome the economic risks coinciding with the war on a daunting, He is going to proceed with the economic reforms he started. ”

He pointed out that “Iraq suffers from many economic problems, for the total dependence on oil revenues, which fell by about 70%.”

He stressed that “the government has been reforming through the issuance of a number of decisions to compensate for the decline in oil revenues and the disposal of some of the problems that affected the economy of the country, and focus on the development of the public and private sectors and improve the quality of national products.”

http://en.economiciraq.com/2017/08/03/mahdi-al-alaq-confirms-the-governments-move-to-economic-reform-to-compensate-for-the-decline-in-oil-revenues/

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

DRL:  "The tragedy of life is not that it ends so soon, but that we wait so long to begin it." — W.M. Lewis

We are what we repeatedly do. Excellence, then, is not an act, but a habit." –Aristotle

Passion is a powerful force. Passion properly directed is unstoppable.

Reposted by request: "DINAR IS A SCAM?", 4 AUGUST

Reposted by request for our newest readers:

For the "Negative Nellies" who told us the Dinar is a Scam


Do you have anyone in your life that told you investing in Dinar is a scam?  Just show them this!

We've all heard from someone that investing in the dinar is a scam:

If there is a scam going on, it is the dream stealers trying to rob you of hope. In actuality, they are missing out on the blessings that come with dream building with one's spouse. That alone is very rewarding, and very telling, into how well two soulmates are really thinking on the same page.

 If there is a scam going on, it's the US govt, Iragi govt and UN holding back info ... delaying ... the invitable. But post RV/RI you'll be praised for your insite into this investment by the nay-sayers. (Hindsite investors).
....
You want an example of a scam? Play the lottery.
The odds of winning are astronomically against you. That scam plays on the hopes of the un-informed, or desperate, seeking great rewards without understanding the odds. Governments make unimaginable dollars preying on lottery ticket buyers.

Whereas investing in the dinar, we can attempt to track international politics and become somewhat educated on our investment. We are talking the currency of a resource rich country torn by a former dictatorship, war and civil unrest.

In time, this RV/ RI will happen. Maybe not when we expect it, and maybe not in the manner we expect it, but the value of the Iraqi dinar will rise.

And eventually, we will see our financial rewards. But with the lottery, as those little balls keep tumbling, the odds of winning never get any better, and you never gain any additional insight on what numbers to pick, and you have to keep buying more tickets for a fresh "chance to win."

We've all heard it's risky:

Bunk. The most you can lose in dollars, is the amount invested, and that is only if you actually lose your dinar. That is right ... if you misplace the currency. After all, dinar dealers have a buy-back policy, right?

Does your financial planner or 401K manager have such a policy? 'Fraid not.

You want to talk risky? Buy into the stock market, without educating yourself. And what can you really learn from a prospectus? And remember, most financial planners are commissioned salespersons. Ask them if they make their living on their commissions, or on the results of the products they invest their clients money into. You'll be shocked by this scam.

Let's say you timed the market well, and bought General Dynamics a year ago at about $35/share. And now it is about double that. Forget trading fees, ... you doubled. So if you had purchased 5 shares, for $175, you would now have ~$350. Remember these numbers. Double your money in the stock market ... but limited realization in terms of dollars gained, but the limited number of dollars invested initially. 100% rate of return in one year.

How about SSI?  (Social Security Insurance)

Counting on this for retirement supplement, now that's another risky government scam. 'Nuff said.

How about Real Estate?

Let's compare it to purchasing dinar. Build a spec-house for 200,000 and try to market it for 300,000. That is a 2:1 ratio. Or buy a foreclosure house. Say EFMV $150,000 purchased at auction for $100,000, plus holding costs and closing costs, so max realized gain is maybe $50,000 - again a 2:1 ratio.

But you may hold longer than anticipated, (more expense) and lower your selling price and only make $25,000 - now you’re at a ratio of say 5:1. That is saying that for every $5 invested, you only made $1.

If in the example, you are upside down in real estate, you've invested 150,000 and got out at 125,000. Now you have lost $25,000. Now compare that to the dinar. In the dinar, you only risk what you invest, and to that I take you back to Dinar Dealers buy-back policy. Further, you did not have to start with a $100,000 investment to try to gain $50,000.

How about buying an estate property below EFMV, and needing to sit on it for three years before reselling it. Even if a profit is gained, the rate of return annualized needs to be divided by three. And was there a positive or a negative cashflow on that property for the three years you held it?

Again, compare that to the dinar. The only argument against the dinar here is that the amount invested was stagnant while you held it.

And if you had the amount of your dinar purchase in a CD right now, could you get 2% return? I doubt it. And to get 2% you're probably looking at a 5 year hold. 'Nuff said.

We've all heard negative news soundbites:

The few soundbites I've heard were so trite, they were laughable. That's not journalism ... it's sensationalism, not credible research. It's been the blind leading the blind.

What about how long we have to wait for the RI to exchange.

If you are in an employer based retirement system, how long do you have to work, in terms of years, before you become retirement eligible? And what kind of return do you get? Do you know how to track it? Have you done your homework there? Now that might be a risky investment ... a lifetime

Oh, you don't have an employer based retirement system? Okay. Then look into your Roth or traditional IRA or other "paper assets" in your portfolio. What did you say? You don't have a portfolio? Or did I just hear you say your portfolio was cut in half in the past two years, as well as your annual earnings? Wow. That was a risky investment, ... very risky.

We've all heard it's an pyramid scheme:

 Go to work tomorrow to your JOB (just over broke). I'm all for capitalism. I believe in rewarding those that take the calculated risks, those that create jobs for others, those that stabilize local economies. But when you look at the company ladder, well, there is your pyramid at it's best.

There are the nay-sayers that say the only ones making money on the dinar are the sellers, such as CBI and dinar dealers. Well, time will reveal the truth on that point of contention.

So let's talk dinar.
100,000 dinar mailed overnight from dinar dealers  is approximately $140, + 24 UPS fee, + $1 for the money order = $165 invested. This is a relatively small amount to invest in anything.

Presently the rate is approximately $1=1170 IQD, or $0.0008547/dinar (less than 1/10th cent per dinar). But with shipping, etc, ~= $0.000165 (a trifle above 1/10th cent per dinar.) So we'll call it $0.001 = 1/10th cent per dinar.

If/when there is an Re-V/I/D, look at the numbers. We've heard lows of 1IQD at $0.86 to highs of $3.86.( or much higher)  For easy math, I'm just using RV at 1 IQD = $1. That means you $165 investment is now worth $100,000, pretax.

Okay, you'll have some expense to exchange ... minimal in big scheme, but may take your total investment to say $500. So you turn $500 into $99,500 (pretax).

You did not have to risk investing 1,000,000 to make a potential 100,000, or $125,000 to make $25,000.

Better yet, you were not excluded from the opportunity to make this $100,000 because you lacked the $1,000,000 in cash or credit to invest.

And if the increase in the dinar on the currency exchange boards is a gradual float, and not a spike from an RI (not saying this is likely) you will have to decide for yourself when to cash in. But in this scenario, all it needs to do is increase to 1 IQD = 1 penny, and you have a ten fold return on investment, grossing $1000 on a $165 investment. Have your financial planner or realtor or banker deliver that return! Not gonna happen.

Still skeptical? Stay with the gradual float. At a dime, cash in on 25,000 dinar note. Gross $2500 - $165 + fees and tax so say you clear $2000 How is that for a rate of return? Initial investment of $165, net $2000, but n0pot done yet ... still holding 75,000 IQD and you're "playing with house money." The rate of return calculated on any gain, is infinite ... because you already made more than your initial investment on the first cashout.

Now who cares if you have to wait a few years for a float to reach $3.00+. So $3.22 x 75,000IGD = $241,500 (pretax) is pure profit. Understand i am not an advocate of a gradual float, and favor an RI, but wanted to include it in this post, for the negative nellies to chew on as a worst case scenario. I'll take that return!

Compare the dinar to CDs. No comparison.

Compare the dinar to IRAs/MFs/stocks/bonds, etc. No comparison

Compare the dinar to the lottery. No comparison. How can I say that? In the lottery, the numbers predicate the number of winners, typically one, if any per drawing. But with the dinar, all that exchange are winners. Thus, again I say, no comparison.

Compare the dinar to real estate. I've had great returns and can even mathematically show you infinite rates of return, but for the vast majority of people, real estate transactions returns vs the returns on the dinar investment, well ... no comparison. Further, how many across the globe are in trouble financially as we speak, because they thought their home was their biggest asset, only to now realize that their mortgage and over-leveraging is eating them up, both financially, and emotionally.

Compare the dinar to pension plans. Took you 20, 25, 30, 35, etc years of your life, and you can only receive pension payments as alloted, under someone elses discression. So, ... no comparison.

I'll conclude with these thoughts.


For the negative nellies that say you were scammed when you bought into the dinar investment, with the $165 they did not invest, they may have purchased them something else. Lets say they bought dinner and a movie for two, or some clothes they'll only wear a few times ...

So when your investment is eventually worth (Example only) $99,500 pretax, I hope they enjoyed the dinner, movie and clothes that now cost them ~ $99,500.

And I'm not done yet. Let's say you pay your taxes and tithes, and then pay off your remaining mortgage, freeing up that $650/mo payment for the next 180 months of your life. Look at how much "not buying dinar" now cost the negative nellies.

So I'm willing to give up a night out with my wife and new shoes. In fact, the reward potential in my household said ... what else can we postpone pre RV/RI, ... to not have to postpone life any longer?

If you followed all the way through this post, thanks for reading. I needed to vent. I needed to take the frustrations of listening to negative vibes and multiply that with negative reasoning, to produce a positive outcome.

Anonymous

(This content is for general information purposes only. All information given is the sole opinion of the provider.) 

TNT CHAT, 4 AUGUST

Tishwash:  this is a good thing I think:  “Moody’s gives stable outlook for Iraqi government”
( full article posted above)

Yada:  good article Tish,,,,,,the foundation of a strong Iraq is/has been established,,

Luvwulfs:  yada I never heard of an issurer rating, but as long as it's positive, I'm good. B- in crecit and a Caa1 in issuing. Let's go ;)

FutureMoney:  Definition: A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated Caa1 are judged to be of poor standing and are subject to very high credit risk. Rating one notch higher is B3. Rating one notch lower is Caa2.

FutureMoney:  something is screwy about this rating...if its is so bad , why were investors clamoring for the bonds that were just released???  also...why the did the rating come out AFTER the bonds were sold??? screwy

Freeway2:  futuremoney - I read that and was also wondering but thought maybe some of these investors know about the RV and are taking a chance on it happening in the near future….just a thought

Yada:  freeway,,it is not so much the RV investors are seeing, it is the emerging country as a whole and there are many aspects of growth and investments,,,

OffGrid:  Iraq's 7% yield on their bonds as an emerging market that is stable and/or improving is a Great Investment, imo ... they had greater demand for their bond offering than they had bonds

 Freeway2:  yada - Agree they are looking at Iraq as a whole and not as a RV investors like we all are. But have knowledge about it happening in the near future.

Red:  as investors were stepping all over each other trying to scoop up the $1 billion bond offer from Iraq this is a good sign for us...

Yada:  Freeway,,your knowledge is manifesting in other areas of investment,,,they are only able to keep their cards to their chest for so long and eventually they have to be played. They are guaranteed to win and we will be the first ones to cross that line of profitability,,,All we are seeing about growth and advancement are the things that will take place after we've exchanged,,

Ecubucs:  yada, So Right! Peel an onion.... We are that sweet core many layers beneath as far as the world is concerned! But the Beauty of this is.... We're THERE!!!

Yada:  Ecubucs,I'd say we are the first layer with the other investments issues the core,,we will be the first to profit in the great scheme of things

Sunny:  Anybody - If the IMF approved a rate at the meeting isn't there something about a 72 hour window for it to be made known? Anybody?

Golpheriam:  Bruce said Iraq had 72 hours after the approval to start the RV

Sunny:  Hey Family - is my thinking correct here? If you have just received $130 million from the UN and $825 million from the IMF at what rate would you want to have it available in a world that goes by the dollar? A rate of 1160 or $3.50 +/-???

Billyo:  I don't think it matters they are receiving it in the dollar form not the dinar 200 mill is 200 mil but I do believe we r there…. But we have to admit this is been the best news we've heard in many years I really think we're close

TDA Reality? Caution, Experience

GOI Knows this is a HISTORICAL moment for their country

DINAR GURUS UPDATE, 4 AUGUST

8-4-2017   Intel Guru Bruce   ...the IMF meeting which was on Tuesday morning...was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide...doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes.  That was very positive. They congratulated the CBI for having done that.   As far as what has occurred since that meeting we...understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see.  I think we are coming up to fairly closely sometime late tonight or tomorrow [Friday]  hitting that 72 hour period.  What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred.  I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out. [post 1 of 2....stay tuned]

8-4-2017   Intel Guru RayRen98   Iraqi TV is reporting the CBI governor, Allaq, indicating that finalization of the economic reforms should be obtained in 3 weeks with a review of the budget set for August 21, 2017. It is anticipated that the reforms should maximize and conclude at that time.  The budget review by the federal court has been postponed until August 21, 2017 also.  Written articles are somewhat contrary to the TV reporting...hmmm?

8-4-2017   Intel/Newshound Guru tman23   "Iraq studies oil swap for reconstruction 1st August, 2017 Iraq's oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States..."   THIS FITS THE NARRATIVE FOR THE IQD SPECULATORS WHO WERE OF THE MINDSET THAT THE IQD WOULD BE HELD FOR OIL CREDITS BY FOREIGN GOVERNMENTS...

8-4-2017  Newshound/Intel Guru Mnt Goat   Article:  "The Ministry of Justice is implementing the electronic payment project for the salaries of its employees"   Implementing yet another ministry, as the CBI moves to get each ministry electronic.  The electronic banking is all part of the process to delete the zeros. So they are moving forward with the process slowly.

Restored Republic via a GCR as of Aug. 4 2017

Compiled 12:01 am EDT 4 Aug. 2017 by Judy Byington

A. Aug. 3 2017 The Big Call, Bruce: Thebigcall.net playback: 712-770-4016 pin123456#

1. On Tues Aug. 1 the IMF provided a new rate to Iraq, and then gave them 72 hours to make that new rate public.

2. On Tues. morning Aug. 1 the new rate was active on Iraqi citizen Qi cards.

3. That rate has gone up over the last two days.

4. Money was repatriated to Iraq this morning Aug. 3, so that the new Dinar rate could come out.

5. A trillion dollars worth of Iraqi infrastructure bonds were sold out today Aug. 3 from 9:30 to 3:00 pm (that would be paying out at 6.75% interest per year).

6. Exchanges have begun in Hong Kong and Europe and were making their way to the US.

7. Transactions were taking place out West and would be hydrated on Sat. Aug.5.

8. Paymasters, groups, trustees were ready.

9. Tier 1, 2 banks were on lockdown and ready to go.

10. All documentation for the USN has been signed off on, with gold in place to back the USN.

11. People have been exchanging, their accounts were pending and they should get access to their money over the weekend Aug. 5, 6.

**********

B. Aug. 3 2017 2:14 pm EDT GCR Op-Ed: "Digits" - GCR/RV Op-Ed - Thursday - August 3, 2017

1. A total change in the global financial system has already occurred, including:

a. Quantum satellites

b. Gold standard implementation

c. Revaluation of currencies

d. Blockchain software processing

e. Lower denomination bills issued

f. Digital delivery infrastructure (all nations)

2. There would be no rate change or global announcement until after the bulk of private exchangers have redeemed in both Aug. and Sept. This was to quell the inevitable rush of trading greed that awaited such an unprecedented wealth transfer.

3. Rates on front screens (T4) were nowhere close to what you could exchange for (T1) as a result. Negotiated rates therefore were the secret reward for those waiting for sovereign financial status.

**********

C. Aug. 3 2017 1:57 pm EDT From the office of Poofness:

1. Shortly I will be with the Foundation people going over final details of their release to us. I figure two weeks to finish my time and get back home.

2. Funds to begin the work will arrive well before I get back.

3. Trump is under a strict silence, but Donald cannot help himself at times and hints at certain things. His latest to a bunch of business people    https://youtu.be/UfelZeeGvP0

4. The new 100 dollar bill: https://www.youtube.com/watch?v=eq_PhMd6bCY

TNT UPDATE, 4 AUGUST

Hosack:  So, if the third review is the 21st and the judicial review was moved to the same date, does that mean the internet groups can't go til then, or just the general public? And, if everything is ready for the 21st, does it mean it's set up so it can be stalled indefinitely by the judiciary at the last minute?

Luvwulfs:  hosack you did notice that Tv and articles were different? Which is correct? Just gonna wait for the tweet ;)

Suzy:  GM TO ALL the lounge lurkers. noticing a lot of comments. just remember what Kuwait did...said not RV ING for a year. ..full page ad...next day BOOM...RV'd…. Also we have been told there will be a lot of conflicting info at the end….. don't believe everything you read...use discernment.
*************

Justavoice:  8-3-2017  Delta URGENT FROM IRAQI TV: IRAQ RECOVERED ITS ASSETS HELD BY UN REGARDING THE COMPLETION OF IRAQIS OBLIGATION RELATING TO HIS RELEASE FROM CHAPTER VII.

Xyz:  Abadi pointed out the importance of focusing on providing services to ​citizens and moving the economy through combating corruption, encourag​ing investment and raising obstacles, and the importance of regional a​nd international openness to Iraq, stressing the need not to distract ​efforts by side differences and focus on what serves the stability, un​ity and prosperity of Iraq.
http://translate.google.com/translate?u=http://www.alliraqnews.com/mod​ules/news/article.php%3Fstoryid%3D64493

Harambe:  CNBC: Oil prices trade flat, headed for weekly loss, as crude exports ​from key producers rise https://www.cnbc.com/2017/08/03/oil-retreats-on-concerns-about-opec-ov​ersupply.html

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

Lighspirit:  :  Abadi put the supp budget to the supreme court, to hold things up to the original IMF meeting date the 21st, the CBIwanted to get money so they held the meeting on the 1st. they got 800 million. with the second meeting put othe 21st of september 1 month after the original date of the 22 of augst.???

Meme10: Lightspirit- does that indicate we are pushed into Sept?

DMBentley:   meme.. more folks are saying Sept than are saying August... and with the track record of everyone calling it everyday I am one that likes to look out at the latest consensus date that way im never disappointed

Daz:  the april/sept thingy is a misnomer imo. according to the imf website....end of april is the annual reporting month for the imf. , kind of like the end of the fiscal year kinda thing…. he september report for iraq in 2003 and 2004 was a unique event that was tied to the regime change and the drastic events associated with the debasing of the currency and establishment of the program rate. it would have been irresponsible of the imf under those conditions to wait till april to publish the rate change...imo

Daz:  here is the hstorical sdr value chart for iraq published by the imf...​its a visual descriprion of the april end of year report over time and​ the unique september changes related to the war efforts effect on t​he currency value http://www.imf.org/external/np/fin/tad/exportal.aspx?memberKey1=460&da​te1key=2016-07-31&category=EXCHRT

**********

SassyD:  Thinking like an economist can make your next trip abroad cheaper -- J​uly 27, 2017 -- One thing you definitely need when traveling abroad be​sides a passport is local currency, such as euros in Europe, yen in Ja​pan or rubles in Russia. -- Withdrawing cash from an ATM can cost you ​if you’re not careful. -- http://theconversation.com/thinking-like-an-economist-can-make-your-ne​xt-trip-abroad-cheaper-81655?utm_source=dlvr.it&utm_medium=twitter

KTFA UPDATE, 4 AUGUST

Stranger:   Frank26 Quote:  BTW – they are going to have another meeting (3rd meeting) with the IMF … of course they are … (which may be about 15 minutes long) – monitoring their progress.
 IMO....revaluing is the BEGINNING not the end and for a "newborn baby" (Iraq), I would think they would need some monitoring.  They already received a "COMPLETE" after the 2nd IMF Review......"MONITORING" = means they've been left with something to do BEFORE the next meeting or at least to maintain what was agreed upon during the last Reviews.  What is left to do that they didn't do?  What did they just complete that was approved of during the 2nd Review?

Frank26 Quote:  They have removed the major word “GRADUAL” from the press.
IMO...the opposite of "gradual" is rapid....seems they are preparing the citizens
Just something to think about.
....
*************

VSDK:  At this point in time in the progress of the process of this, what we call the rv of the iqd, we have come to that point of having a regular light beam, as in a flashlight, & having a lasser beam about to cross that proverbial thin line of a definite back wall for this rv to manifest itself.

I AM NOT CALLING A DATE!!! However, (what I'm saying is) we are coming to that point of no return of seign/"cornering" the ellusive "date". Know that (as I've said before), Frank cannot give us a date/rate, he can only voice his opinion (which is what follows) & I too, am entitled to voice my opinion (which I'm typing here). Read closely b/c (I could be wrong but) I think this is as close as we will get to a date before actually seing it...

From last Wed.’s CC:

Frank26:  “So friend in Iraq … your next pay scale is August 21st … right? August 21st will be our next pay period – will they show us the new rate before that time frame?… The LD’s and the COINS were on the table at the moment.

So, what is next? (can’t tell you – but when I call again … I’ll let you know … and I’ll SHOW you… but not right now!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!). Very soon … very soon … the things we are talking about right now will soon be in articles. I await his next phone call...”

“...Family … I want you to understand … the next pay scale … the 21 of this month … the next pay INSTRUCTIONS from the CBI … will be VERY TELLING!!!!!!!!!!!!!!!!!!!!!!!!!! That will be the 2nd month for businesses in Iraq to accept the form of payment in IQD ONLY at a 1-to-1 rate...”


From friend in Iraq: "and I’ll SHOW you... Very soon … very soon … the things we are talking about right now will soon be in articles." & "I want you to understand … the next pay scale … the 21 of this month … the next pay INSTRUCTIONS from the CBI … will be VERY TELLING!!!"


Maybe it's my dinar lensses, but to me that reads like rate change before the 21st. Besides, I'm leaving out another key piece about the pay scale shared by Frank on TC (team chat)  b/c... what happens in TC, stays in TC.

************'

FaithPrevails:  Frank our President has decided to take a vacation until the 21st , do you believe that can effect our Lava Flow 

Harley1:  would seem to me that if he is taking 2 1/2 weeks off, and the MR is on the front burner, then maybe he is done with his part, or if there is anything left to do that requires his attention, maybe the deadline for such is after her gets back......unless maybe he is vacationing in Baghdad 

KJ "Come & Let Us Reason Together" Conference call

IQD CHAT, 4 AUGUST

Chat Room News Excerpts & Highlights Early Fri AM 8-04-17

Spectra: I wonder when those iraq people will use those master cards?

BREW: @Spectra AND THE SMART CARDS.

Spectra: does anyone have the info? no i dont think its a RV when theydo! just wondering

BREW: @Spectra THERE IS NO SUCH THING AS AN IN COUNTRY R/V

Spectra: Investor demand was huge -- the deal was seven times oversubscribed. This enabled the lead managers to lower the indicated yield by 25 basis points to a final 6.75 percent. This is lower than what's available from a similar Ukraine bond, though it is well above the recent five-year issue from Greece, which trades at 4.6 percent.
 ...
​The credit ratings are similar. So what's the appeal? Iraq does have the benefit of being able to export oil again. Holders of the 2028 bond comprise all the major emerging market investors, and it is likely they have queued up to take part in this new deal.

An issue of this size will enter the emerging market bond indexes, and with an order book so strong it is likely to perform well. It becomes a self-fulfilling must-buy if investors are not to underperform their peers. Iraq's bond oversubscribed by a factor of 7 But that should not be an investment principle.

 This is another example of the insatiable demand for yield that so worries central banks and market commentators. This would seem to define the very idea of a credit bubble:

A wholly insufficient reward for what must be seen as a considerable risk, as Iraq is still in the midst of a serious civil conflict in the most unstable region in the world. Return of capital seems to have taken a back seat to a decent coupon.

Spectra: @BREW right

Spectra: Bloomberg: Iraq's New Bond Is Swamped With Orders. Greed Beats Fear (8/2/17) Follow Link Below to view the most recent charts and graphs for this story:

https://www.bloomberg.com/gadfly/articles/2017-08-03/iraq-s-new-bond-is-swamped-with-orders-greed-beats-fear

Spectra: greed beats fear!
Spectra: i guess those bonds did well!

chattels: " A wholly insufficient reward for what must be seen as a considerable risk, as Iraq is still in the midst of a serious civil conflict in the most unstable region in the world."

BREW: @Spectra YOU GOT ME ON THAT ONE.

Spectra: @chattels unstable region in the world could also be Venezuela , and Mexico! from what ive read!
Spectra: The world is in turmoil!

BREW: Iraq Sells Bonds. Greed Beats Fear If Argentina can raise money for 100 years, and Greece can print bonds despite still being in a bailout — then why not Iraq?

 The war-torn country has defied conventional logic by issuing a $1 billion five-year security on Wednesday, without the backing of the U.S. The state’s declaration of victory over Islamic State in Mosul, the country’s second-largest city, has clearly provided the impetus to brave issuing debt on its own.

Read more at: https://dinardetectives.com/bloomberg-13/

Spectra: The whole south american region is a murder zone!

BREW: Investor demand was huge — the deal was seven times oversubscribed. This enabled the lead managers to lower the indicated yield by 25 basis points to a final 6.75 percent.

This is lower than what’s available from a similar Ukraine bond, though it is well above the recent five-year issue from Greece, which trades at 4.6 percent. The credit ratings are similar.

Read more at: https://dinardetectives.com/bloomberg-13/

BREW: Iraq floats $1 billion standalone bonds to worldwide investors The cash-strapped Iraqi government has again begun offering unsupported bonds, as it attempts to rebuild a country torn apart by conflicts since 2003 and the massive recent destruction caused by ISIS … Read more at: https://dinardetectives.com/

Spectra: Mexico Is World's Second Most Violent Country, Report Says

http://www.npr.org/sections/thetwo-way/2017/05/10/527794495/mexico-is-called-worlds-second-most-violent-country May 10, 20172:41 PM ET

BREW: IRAQIS PAST WAR TORN, SAD TO SAY.
Spectra: @BREW yes!

Spectra: South America is very dangerous!

Spectra: Mexico Ranked Second Deadliest Country in the World

http://www.breitbart.com/texas/2017/05/10/mexico-ranked-second-deadliest-world/

Spectra: and this is a reality we just dont hear on our news!

Spectra: @chattels did i ever tell you i wanted to be a lawyer when i was a kid!i know you are!
Spectra: @chattels no pun intended !I realized i didnt have what it took though!

Spectra: @chattels but i do love a good debate!
Spectra: @chattels truly you are a great asset here!

Spectra: For me the challenge is presenting the opposite side of the spectrum!Then finding facts! That is what a good debate is all about!

Spectra: in simple terms

Spectra: because i have a simple mind!=lol yes i can laugh at myself! ;Spectra: ..I hope that everyone can it makes life much less stressful!

Sergio: [ Edit ] Meal, Inexpensive Restaurant 9,321.60 IQD Meal for 2 People, Mid-range Restaurant, Three-course 34,956.00 IQD McMeal at McDonalds (or Equivalent Combo Meal) 9,321.60 IQD Domestic Beer (1 pint draught) 2,010.79 IQD Imported Beer (11.2 oz small bottle) 2,913.00 IQD Cappuccino (regular) 2,563.94 IQD Coke/Pepsi (11.2 oz small bottle)

Sergio: Restaurants [ Edit ] Meal, Inexpensive Restaurant 8.00 $ Meal for 2 People, Mid-range Restaurant, Three-course 30.00 $ McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $ Domestic Beer (1 pint draught) 1.73 $ Imported Beer (11.2 oz small bottle) 2.50 $ Cappuccino (regular) 2.20 $ Coke/Pepsi (11.2 oz small bottle)

Sergio: This is what is the cost of living in iraq both in usd and iqd

dave: ....just drop the zeros already!
​Tebow: if they pay in dinars they don't get all their change. So goods are really more expensive than stated

Sergio: Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 17,478,000.00 IQD Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)

Tebow: coke/Pepsi really cost 2600 dinars

Sergio: Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 15,000.00 $ Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)

dave: chat earlier was buying a BMW 740......in Iraq 4 like 44000 Dinar........

Sergio: This comes from the cost of living in Iraq July 2017

abangjadul: Iraq, August 3, 2017 ...The International Monetary Fund (IMF) has predicted average growth of 3.1 percent annually in Iraq’s non-oil real GDP until the end of 2022. This compares to an average fall of 7.2 percent per annum from 2014 to 2016, following the insurgency by the Islamic State group (IS, ISIS, ISIL, Daesh).

 It also forecasts a steady fall in government debt as a percentage of GDP, and an improving trade balance, ...........but makes no prediction for the exchange rate of the Iraqi dinar to the US dollar. businessnews

http://iraqdailyjournal.com/story-z15698429

Cree: Was just watching the evening news - gosh so depressing.....

chattels: DARBANDIKHAN, Kurdistan Region – A senior Kurdish official has hinted that the Kurdistan Region is prepared to accept “an alternative” to the independence referendum if they are given regional and international “guarantees” that makes sure, beyond any doubt, that the Kurds will have their rights protected through a new arrangement.

Mala Bakhtiar, a senior member of the ruling Patriotic Union of Kurdistan (PUK), whose party is instrumental in the bid to hold referendum in less than two months, said that a “confederation” can be a viable solution as a new arrangement between Erbil and Baghdad.

http://www.rudaw.net/english/kurdistan/030820175

chattels: I have discussed the possibility of a confederation over the years.

xyz: Abadi pointed out the importance of focusing on providing services to citizens and moving the economy through combating corruption, encouraging investment and raising obstacles, and the importance of regional and international openness to Iraq, stressing the need not to distract efforts by side differences and focus on what serves the stability, unity and prosperity of Iraq.

http://translate.google.com/translate?u=http://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D64493

chattels: The focus of media has now shifted from Mosul to Tal Afar which the largest ISIS stronghold remaining in northwestern Iraq. The operation to retake the city is possibly problematic with some regional countries against the participation Shiite forces seen to be affiliated with Iran. http://www.rudaw.net/english/analysis/04082017

chattels: According to the Hashd al-Shaabi forces, around 2,000 ISIS militants are in Tal Afar.

chattels: Although it has been reported that only ISIS militants and their families remain in Tal Afar, officials have said kidnapped Yezidis are in the city.

chattels: “We have collected information on the abducted Yazidis whom we will certainly be liberating if ISIS doesn’t kill them,” Ahmed Asadi, spokesperson for the Hashd al-Shaabi forces, said. The town of Tal Afar is 65 kilometers west of Mosul.

Its population is 250,000, most of whom are Turkmen. Tal Afar is strategic historically, politically, historically as it connects Mosul to Syria. ISIS attacked Tal Afar two weeks after capturing Mosul in 2014

xyz: Minor exchange rate movement EXCEPT USD. Compare Today https://cbi.iq/ vs July:

https://web.archive.org/web/20170711152008/https://cbi.iq/
chattels: Kurdish delegation to visit Baghdad next week on the referendum

http://www.alliraqnews.com/modules/news/article.php?storyid=64491

chattels: Thursday, August 3, 2017 Casualties and security incidents reached the lowest monthly totals of 2017 in July due to the end of the Mosul campaign. Before, the battle for the city was driving violence across the country. Now they will be heading downwards until the next offensive begins.

http://musingsoniraq.blogspot.com/2017/08/1459-killed-636-wounded-in-iraq-july.html

chattels: IS still holds western Anbar along the Syrian border, but violence there has been relatively low for the last year.

chattels: Baghdad continued to see some of the lowest violence since 2003-2004.

chattels: Diyala has witnessed the greatest increase in insurgent activity in recent months.

chattels: Salahaddin is the other province where IS is re-grouping, but security remains stable.

chattels: The liberation of Mosul: Victory at a price Special report on how the Iraqi city may now be free, but that doesn't mean life has returned to normal for its residents — or for the men who fought to reclaim it from ISIL : Florian Neuhof August 2, 2017

https://www.thenational.ae/world/mena/the-liberation-of-mosul-victory-at-a-price-1.616172

Doug_W: what city its all rubble no

chattels: The possible devastating outcome of a Kurdish referendum ZAID AL-ALI and LUAY AL-KHATEEB 4 August 2017

https://www.opendemocracy.net/north-africa-west-asia/zaid-al-ali-luay-al-khateeb/kurdish-referendum-iraq-kirkuk-kurdistan

chattels: As is often the case in Iraq, this particular crisis could easily have been avoided if only the country’s political class had been capable of being slightly more mature. Instead, both sides suffer from a tendency to overreach and unhealthily rely on external advisors.

Doug_W: sad but true "C"

chattels: The foregoing is an excellent read.

Whitelions: Diyala implements the first privatization project for electricity in Beni Saad http://economy-news.net/vrsfls/cntnt/pctr/1575.jpg The head of the local council of Bani Saad in the province of Diyala Rasul al-Husseini, on Friday, began the implementation of the privatization project of electricity distribution in the area, stressing that Bani Saad is the first areas of the province in the implementation and implementation of the project .

Al-Husseini said in a statement received by the "Economy News" that "electricity in coordination with the investor began implementing the privatization project of electricity distribution sector, in the area of ​​Bani Saad south-west of the city of Baquba, at the desire of the local government of the area, to ensure the stability of the electrical system and increase the hours of processing and distribution of energy Between regions fairly and without interruption ".

 He added that "the investor began to connect a mobile power station in the area to provide energy after the completion of other procedures necessary to complete the project, in the coming days,"

 pointing out that "the implementation of the project will have positive effects in the region in general, As well as the appropriate collection rates that are appropriate to all classes of society of the rich and poor, according to rationalization and consumption by citizens .

He stressed that "the Bani Saad area is the first areas of Diyala province, which implemented "Shell" Iran recognizes the results of studies of oil fields shared with Iraqthe project of privatization of energy distribution," noting that "the project will cover the whole area and the surrounding villages, estimated at an area of ​​166 thousand acres inhabited by about 186 thousand citizens .

Whitelions: Luxembourg offers 500,000 euros for demining from Mosul http://economy-news.net/vrsfls/cntnt/pctr/1571.jpg Luxembourg provided € 500,000 in financial aid to the United Nations Mine Action Service (UNMAS) to clear mines and explosives and to support stability in the liberated city of Mosul.

 "In the west of Mosul, where there are 54 residential districts, 15 neighborhoods have been severely damaged and 23 neighborhoods have been moderately damaged after the fighting," said a UN statement read by the Economist News.

In Mosul, which affects the return of more than half a million civilians. " "UNMAS teams carried out preliminary assessment missions in western Mosul and confirmed that there was serious damage to the infrastructure of water, power plants and sewage systems," he said, adding that western Mosul was one of the biggest challenges to restoring stability and the most complex United Nations ".

 "Identifying and removing the dangers of explosives is the first step before undertaking stabilization or humanitarian interventions, a crucial enabling factor for any activities to restore stability in Iraq," the statement said. 
Whitelions: A partnership agreement between Baghdad and the United Nations to promote community reconciliation

http://www.aljournal.com/wp-content/uploads/2016/11/%D9%85%D8%AE%D9%8A%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D8%A7%D8%B2%D8%AD%D9%8A%D9%86-1-310x165.jpg

The United Nations Development Program (UNDP) and the Iraq National Reconciliation and Implementation Committee (NRC) of the Prime Minister's Office in Baghdad signed a partnership agreement to promote civil and community reconciliation in Iraq.

 "After a humiliating defeat, national reconciliation, particularly community reconciliation, has become the top priority of the government's agenda," said Mohammed Salman al-Saadi, head of the National Reconciliation Implementation and Implementation Committee.

This partnership with the United Nations Development Program (UNDP) will make a real difference in the most important area, the lives of ordinary Iraqis across the country.

 " For her part, said the representative of the United Nations Development Program in Iraq, Liz Grande: "Reconciliation is one of the top priorities in Iraq.

"UNDP is making every effort to support the Iraqi government and people as they work together to rebuild their communities after the horrific experience of conflict." "UNDP is helping to rebuild cities and liberated areas.

This new partnership aims to focus on reconciliation to ensure the continuation of peace. " SOURCE

Whitelions: SHARP RECOVERY IN NON-OIL GDP PREDICTED The International Monetary Fund (IMF) has predicted average growth of 3.1 percent annually in Iraq’s non-oil real GDP until the end of 2022.

This compares to an average fall of 7.2 percent per annum from 2014 to 2016, following the insurgency by the Islamic State group (IS, ISIS, ISIL, Daesh).

 It also forecasts a steady fall in government debt as a percentage of GDP, and an improving trade balance, but makes no prediction for the exchange rate of the Iraqi dinar to the US dollar. businessnews 

THE BIG CALL: INTEL ONLY, 4 AUGUST

THE BIG CALL WITH BRUCE THURSDAY, AUGUST 03, 2017, INTEL ONLY

TRANSCRIBED BY PINKROSES

Bruce:  Welcome Everybody to the Big Call.  We are glad everybody has made it in tonight.  We appreciate you, the listeners not only in the United States and Canada which is the majority of our listeners, but we have listeners in Central America, South America, South Africa, Australia, New Zealand, Europe, Middle East, etc.

We appreciate all of our listeners. We appreciate Pinkroses who has transcribed our call for quite awhile now. We appreciate that.  It is a big help to us to put that Intel out like she does.  We appreciate that.

Bruce:  Let us talk about Iraq.  We said on Tuesday call that the IMF meeting which was on Tuesday morning which was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide.
....
In doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes.  That was very positive. They congratulated the CBI for having done that.

Bruce:  As far as what has occurred since that meeting we believe was a success, we understood as part of that whenever that rate was actually given to the IMF, approved or checked off by the IMF we understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see.  I think we are coming up to fairly closely sometime late tonight or tomorrow hitting that 72 hour period.  That is what it appears to be if I did my math right.

Bruce:  What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred. They have done that.  They talked about it. I know they did the third reading I believe on Tuesday and then it was going to be enacted.

I believe they have done that.  I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out.  How do we know that?

Bruce:  We know certain people with the Qi cards even in Iraq as I mentioned on Tuesday call, had access to new funds from oil and gas exploration, the shared profits from oil was actually on their cards. They could access that.  That happened Tuesday morning.  Other Iraqi citizens outside of Iraq also have those cards and they were noticing certain fluctuating in the rates on those cards as they started to increase. Those rates started to increase to the point all of sudden they hit that rate we talked about in the past.

Pretty much what it was then all of a sudden the screens went blank. It was as if they hit what they needed to hit. Then they took it away so when the time is right they can drop it right back in again.  That is sort of the feeling the last two days. I think from that perspective everything is done and we are waiting on the time for the drop in of the rate.

Bruce:   Iraq had money that had been stolen. We are talking about Dinar at the old rate. Let’s call it 1160, whatever it was. At the old rate there was approximately 150 million dollars worth of dinar at the old rate that was returned to Iraq a little after 5 am this morning.  All of this had been brought back that been stolen and returned to Iraq, return to the CBI.  The thinking was once that occurred and the money repatriated, Iraq could go and put out their new rate at any time. Once they achieved that. That was early this morning.

Bruce:  The other thing we talked about it months ago that Iraq bring infrastructure bonds in the tune of 1 Trillion dollars. I said we knew of some people that might have taken advantage of those at that time.  They actually pre-booked those bonds. Today from 9:30 this morning to 3:40 this afternoon Baghdad time. All 1 Trillion dollars worth of those bonds were sold. That is a trillion dollars worth of Iraqi infrastructure bonds that had to be purchased in lots of no less than 1 Billion dollars.

They were all sold in a little over a half a day from 9:30 to 3:40 in the afternoon. Sold out.  One reason they were sold out was they got a good yield.  These were bonds that would be payable for 6 years, at a short term hold. They would be paying 6.75% interest per year.  If you know bonds and bond values, that is a really good deal. That is one reason they probably why they sold so fast.

Bruce:  What is the other reason?  The other reason is those bonds are gold backed. Those bonds are gold backed from Iraq.  They are kind of safe. Not a whole lot of risk. That is one reason why Iraq wants a good relationship with the IMF. Even though the IMF is making them a loan, they don’t really need the money, but they need the credit rating.

That is why Iraq had to do what they needed to do for the purpose of the IMF because they wanted a solid credit rating. They are getting ready to entertain business from all over the world. They got a very low zero tax structure in place for businesses that want to come to Iraq. I don’t know the particulars about it so I don’t want to speak out of term. I am telling you the sale of those bonds, 1 Trillion dollars worth today, is pretty powerful.  That says a lot. Could they offer a trillion dollars of infrastructure bonds without a rate?  Certainly not with an $11.60 rate or whatever it was.

When I hear the stuff of 1:1, I just laugh. They have had a rate on their cards, debit cards for maybe a year now in the $4 to $5 dollar range. Forget the 1:1. Drop it out of your memory. What about what Dr Shabbi said in 2012 about the rate? Remember he said the rate that Iraq could sustain?  I wouldn’t be surprised by it at all.  Iraq is basically done.  They just need to reveal that rate. They need to show the rate and they have a limited about of time according to the IMF to do that. I think we are getting close to the end of that window.

Bruce:  We understand exchanges have already begun in Hong Kong and already begun in Europe.  They are just working their way to us. I know it sounds simple. One thing we have heard is certain transactions have already taken place out west. Certain things are being paid.  We know people that have exchanged yesterday and today will have access to funds on Saturday. I have to believe that the process,

I am talking about the Paymaster, Groups, Trustees, all those terms we use are hydrated and are waiting for a GO signal.  They maybe waiting for codes.  I don’t know. Whatever they are waiting for, they should be starting to pay them out.  Essentially pay those SKRs out at the same time pretty close the same time we get notified with the 800 number.

Bruce:  Redemption Centers are still on High Alert. We know they are on lock down. We know they are ready to go at a moment’s notice. Same thing with Tier 1 and Tier 2 Banks.  We believe Tier 3 banks are far enough along where they are not an impenitent to this process. Basically all are ready to go. Do we know when the “GO” signal is? No we don’t.

Do I hear the times it may go? Yes, I do. Have they not happened? Yes they have not happened.  It doesn’t make me lose hope.  We are at the end of the rainbow.   The pot of gold is there, and we will receive our blessing.

Bruce:  Everything we believe with our currency, the USN, has been completed.  All documentation has been signed off on. We think that the gold needed to be in place for Iraq and for us is there to back everything. It has taken awhile to move all around. We heard USN needed a little more verification.

It needs a little bit more of the registration. There maybe a few little fine details with paperwork that might need be completed. From what we understand the process is basically is ready to go. We know people are still exchanging. We know certain banks are calling in certain individuals to come in.

Do they have full access to their funds yet? No, they do not. The most recent are not SKR, but they may as will be because they got accounts that show a pending amount.  I see money in the account, but I can’t touch it.  That sort of thing. They have a time frame coming up over the weekend they should have access to it.

Bruce:  We are right there where we want to be. I think everybody knows we are at the end. We need to stay patient and in faith for this to come through.  I can’t tell you the day or time, but I can tell you we are right there at the end of the ride. That is how I would say it.  I want to thank all for coming into the call. 
Bruce:  Last Tuesday I talked to you about infrastructure. I talked to you about Rebuild America program. It fits right there with making America again. I am hoping from what I understand is we are going to offer a trillion dollars worth of infrastructure. I hate it is being paid out of the government.  Maybe it can come out of the private sector.  Maybe a way to do that.  Maybe the administration has a plan.

We certainly suggested we would be interested in some bonds to cover the infrastructure.  I wish we had a competitive program like Iraq had. A trillion dollars would be a drop in the bucket for this crowd. Maybe they will offer this to us to help rebuild America.  We have Rebuild America, Veterans Retreat Network, and other projects we will be working with.

Bruce:  I want to thank everybody for coming in tonight to the Big Call.  Thank you all for listening and being faithful coming in. Thank you Sue and Bob. Stay fit everybody and do all you can for your health and well being. Thank you Pastor Steven and Kent.  Thank you Big Call listeners.

Thank you everybody and hopefully see you on the other side. Stay tune to the Big Call website:  thebigcall.net for more information and the 800 number. That is where I will put it first. Good night everybody. Have a great night. God bless you.

THANK YOU BIG CALL AND BRUCE, HUGSSS

The Big call w/Bruce Intel only

#TERRAN aka Bill .. where we are.. 8/4/17

#TERRAN aka Bill .. where we are..

4/8/2017  
0 Comments 

Terran aka Bill is one of HATJ's closest friends since years back. He is currently in DC supporting Heather on the ground along with Neil, Youssef and others.

I'm sharing some information from one of my Skype rooms which is in full support for both Randy and HATJ . I've compiled data from the room with only Bills comments in order to make it easier to read and follow. There are some references that people might not be familiar with I list them before the conversation below.

RV - Revaluation 
Little background: There has been a lot of talk in the alternative community about a so called RV of currencies that would take place. Some have speculated in Iraqi DINARS and others in Vietnamese DONGS. Phone and conference calls have been going on for years since after the last Iraqi war about this!!! The idea is that these currencies would revalue one day as the Kuwait DINAR did after the first Iraqi war. Meaning that the people would suddenly be 'rich' over night if they were holding these currencies when the revaluation kicked in!

There is only one problem the RV people were never told that the Collateral Accounts that would help trigger the alleged RV are linked to us the people since we are the COLLATERAL! Have you never wondered why the RV never happens? Cause there is no RV in the money sense, it is a REVELATION ... and it is linked to control were money just plays a tiny part.

SSP - Secret Space Program
If you have followed Corey Goode and friends the term SSP is not new to you. If not then there is tons of information in the alternative media suggesting that Secret Space Programs have been run behind the scenes for decades. The major powers in the world have all back engineered crafts in order to keep the balance globally and used them to their advantage by dealings with off world beings.

Why do you think the Nazis were developing so many state of the art weapons already during WWII? They had help of course making these leaps and bounds in engineering. They lost the war officially but they moved the most important gear else were. Don't be surprised if data concerning Hitler living in Argentina after the war surfaces together with data linked to Antarctica. 

Most people think that our monetary system is controlled from the West when it actually is controlled from the East! All roads lead to Rome, right? (Many actually do.. to the Vatican but that is another story).

All transactions in the world are run through S.W.I.F.T (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) are popularly known as "SWIFT codes".

Now the interesting part is that SWIFT is owned by HSBC! I bet you didn't know that.. Oh wait isn't that a Chinese Bank? Thanx for the head up D from Removing the Shackles who found this out 2013! 

Well lets get on with the rest of the data then.. AND also have HATJ and RANDY in our hearts especially today since HATJ's next court date is today !

~OTR

SECRET! CONFIRMING TRUST ACCOUNTS BANK ROUTING NUMBERS ARE ACTIVE

WSOMN CHAT, 4 AUGUST

TED1016: 
Hard to say where to start for today since things basically are happening but there seems to be no clue when and where the 800 numbers will be released. So where do we go from here? Just try to stay positive and continue to pray for guidance and reassurance. Easy to say. Right? My friends I feel your pain in both health and financial issue. Barely made it through July.

My credit cards are maxed. Savings almost no existing (2 digits) My top row of my front teeh were bridged 15 years ago and the bridge broke loose on one side so each day I wake up wondering if I have swallowed it or if it fell out and the dogs carried it away. BTW, these dogs ate one of my hearing aids I left on the headboard. Only cash on hand I have till next Wednesday is $14.00.

Most Gracious and Heavenly Father, I know that you make this all work out as you have in many other stress filled times of my life. I pray our members do not worry about me since my main concern is to lift up those in our group who may be as bad off as I am and possibly worse. Many have expressed their needs to me and I lift up prayers for them every chance I get.

Dear Lord God Almighty watch over our members and let Your Spirit walk amongst us and reinforce our spirits when we see or bring to mind negative feelings from some people within this group and from outside sources attempting to discourage us at every chance they get. By in large this group of special to me as we work together to lift each other’s spirits. Amen and Amen.

Sleep well my friends and don’t forget to keep your spirits up and fill our room with encouragement. Our destiny awaits and it is very, very near.



Should I believe what Bruce says? Or wait for reality?


 

Goodmorning.... everyone is speculating as to why this rv has not oc​curred yet... here is a link to the reason why. http://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=t​ranslate.google.com&sp=nmt4&tl=en&u=http://www.alsumaria.tv/mobile/new​s/211829/iraq-news&usg=ALkJrhj2IqtpG8e50S8fb1Furnuj9fDqBg. until chapter 7 is fully lifted...it wont happen!!!

Morning folks, I have been invited to a breakfast meeting with a bunch of my old Seabee friends this morning. I expect it will be a bit of a shock to see my old troopers again that I haven't seen in over 15 years. I'll check back with you all later on in the day. Keep the Faith. Our time is near.


 

Who is Guru Hunter and where did he (she) come from. Peeps seem to love it in the forum responses. Never heard of that individual.


 

SNICKERS- CAN'T HELP ON THAT ONE


 

I can't believe Admin will allow that dinardaily stuff to stay posted.


 

I would not put any stock in the supposed Greg hunter letter... that is a post from you know where and they make things up... just saying. not saying that some of it is not accurate rofl

IMO, the post in question is of interest to people because it is an expose.


 

To all of you who dis my post from Greg Hunter because it came from dinardaily, you should realize that dinardaily only reposted.Greg is the producer and creator of Greg Hunter's USAWatchdog.com. The site's slogan is "analyzing the news to give you a clear picture of what's really going on ... ‎Open on youtube.com


 

GRYPHON, MAY I SUGGEST THAT YOU EDIT YOUR POST AND ADD THE INFORMATION ABOUT GREG HUNTER?

Good morning everyone did Admin post anything this morning????????????

GA, GRANDMA!! Smile ADMINBILL HAS NOT POSTED ANYTHING TODAY…YET


 

It seems people are getting guru hunter and greg hunter mixed up. Guru hunter is Roxy (among others) from Dinar Daily.This post about Yosef is not on Greg Hunter's site.

Woody, thank you for that info

woody is the smart one in the room

dpc,. Maybe the post should be removed. Woody pointed out my mistake


 

GRYPHON, EDIT IS COMPLETE

YOUR CHOICE…DO YOU WANT IT DELETED? IF IT IS NOT ON GREG HUNTER'S WEBSITE AND IS NOT GREG HUNTER…

what Woody posted. I made a large mistake in thinking guru Hunter is Greg Hunter. Peeps may very well be correct about dinardaily. Perhaps the post should be removed


 

OKAY, I WILL DO THAT NOW… THANK YOU FOR YOUR WANTING OUR ROOM TO HAVE KNOWLEGE




 

Greg Hunter (journalist) would not release a letter like that to be circulated.


 

ITS OK. I SEEN IT SND ERACED IT


 

...sorry to say on days like today Thursday eve - it F E E L S like this is getting farther away

I dont look for anything to happen the rest of this week - the way I reason, even IF they announced 800's we'd ALL mostly have appointments for NEXT week. So in my lowly opinion, I expect a big nuttin-burger until next Wednesday nothing


 

Has AB been in today?


 

KINGDOM- GOOD AFTERNOON AND I HAVEN'T SEEN HIM


 

Hi troops, anything RV wise fromBill ??

At this point they must really think we are dumb to believe it although many are still ugh


 

Im ok, just resting before I come in at 7.......


 

avon if you are tired, no need to come in here surely, it's more quiet than quiet


 

probably true Henry..... might put me to sleep lol


 

Hey guys r u listening to Trump ?


 

BigHeart wrote
8m ago
Yes- President Trump!! Is the speech that reveals what we know without revealing it!!! He just finished!!! Woo hoo!!


 

Hello folks just a couple things about the stock market that nobody its talking about First, take a good look ant the Volume of the Dow today. It was at two digits for most of the day and finished off at 278.7m (should be at least three times that much for those figures) Next nobody is talking about the Nasdaq and the S&P 500 both of them have been in the red for a while now. The market is being manipulated building for a crash. I watch the stock market closer than Dinar Recaps. JMO

Company's are buy and selling their own stock (watch Apple stock closely)


 

The crash is what I believe will force the RV here in the US I believe, but i sure hope that I am wrong.


 

ted the dow is only 30 companies and apple has a new product thats an anniversary year deal for them. those companies are not going anywhere right now and the market will continue to creep up......watch the other markets though, maybe movement there. it will not suffer an extreme crash though and it has zero to do with the rv......all imo of course


 

HI TED. YOU ARE SO BUSY SENDING UP AND PRAYING FOR SO MANY I WANT YOU TO KNOW I SEND PRAYERS YOUR WAY EVERY DAY FOR YOU AND YOUR DEAR FAMILY. THANK YOU SO MUCH




 

TED--- manipulated for many months... hoping those with massive wealth are running out of money to pump the markets...


 

the iraqi bonds issued were a great sign....i gave a detailed explanation of why earlier, but no reaction from anyone, but it is really good and is a sign of what the world and iraq plan to do. gn all .....see you later



Had a long talk with a friend today about gold prices. Gold is at $1,275 dollars an ounce will suddenly drop to the real gold value somewhere abounf $400. an ounce as related to the gold backed dollar. Ar you really ready to loose that? If I had gold right now I would sell it at the current rate then buy it back at the real value rate. Again just a word of caution based on what I see and know or should I say JMO


 

Mangelo .. when are we going to the banks?? LOL!!!!!!!!!


 

Actually I would sell my wedding ring if I thought my wife wouldn't notice it. I'm sure I would not get $1200 dolars for it but I will bet I could get more than I paid for it (Yes I bought my own wedding ring)

TED. On a call we are not to name... the real value of gold will be around $500ish.


 

PJ the point is it will be worth far less than it is now. Don't you think?

Correct. It would be a set rate for backing the dollar...


 

I was at a insurance meeting held at a great restaurant! they served us a filet Mignon cooked to perfection....  with 3 large shrimps...hmmmm....  a spinach cheese with mashed potato....  topped off with a large cheese cake....hmmmm

Hopefully nobody here is purchasing gold at it's present rate... Just saying.... For savings purposes that is.

Ted, what's your thought on silver?

My thoughts is that silver will fall as well but since it has so many industrial uses I do not believe it will fall as drastically as gold will. Again JMO

Ted. Before we went to FIAT money we were gold backed. Stablized value. I can remember prices before fiat. A loaf of bread was $.40.

You know I don't even know what the price of bread is today all I know is if we need it I buy the brand prefer. But then I am a man. Women no doubt would lok at it differently.

I think silver will boom for a while since it's consumed and will be needed in many new projects ahead.


 

I guess that is why my grocery shopping trips are much shorter when I do it then when my wife does it.

Hi Miny what did you pay for a loaf of bread if I may ask?


 

TED, LAST LOAF I GOT WAS $2.19

Ted I pay 2.17 for whole wheat bread


 

That's a $1.79 cents difference that what the price of bread was. Tjey like to blaim it on inflation when in actuality it was due to the devaluation of our dollar


 

Annnnd we're now hearing Sue. Her mic always works loud, yet when B does the mic checks he always asks her to turn hers UP


 

TED1016. I got here late but I just read you were interested in the loaf of bread. I live in Oregon, near Portland. A loaf of bread from a good commercial bakery, charges. $3.47. sometimes on sale for $2.50. All of our prices are a lot higher than you folks enjoy.


 

Let' hope Bruce turns us on... 

TED1016. I got here late but I just read you were interested in the loaf of bread. I live in Oregon, near Portland. A loaf of bread from a good commercial bakery, charges. $3.47. sometimes on sale for $2.50. All of our prices are a lot higher than you folks enjoy.


 

B is trying to hold call to 1hour. Hmmm

People exchanging now...access to funds on Saturday....hmm

Hi just tuned in is this intel redundant or is it me !!


 

Hi Halo...it's not you! lol


 

I believe it's ready but this is a joke !


 

Imagist Huh? What did you say

If you don't remember last week, it's wonderful news! Memory can be a pain sometimes... Maybe it is his dementia not ours.

Hold on, I think that's my banker calling me now.


 

He said that a month ago they started !


 

Always exchanging somewher with people who are hard to verify


 

Didn't he say that a couple months ago

Don't believe 1 to 1 nonsense been 4 to 5 dollars for months

In other words he knows nothing but his script . Just believe in your own hearts we are there now ...

everything is going very well!!! I am planning on getting an Ipad when we RV.

Soooo. Do ya think you'll get one next week??

hopefully this month...... waiting for anther text. I am keeping busy with my businesses right now

has a financial advisor I have been helping people with foreclosures and that stopped on January. Done with that helped a lot of people. so now getting back o the insurance and investments again.

I didn't know you ere doingbforeclosure help. Many people are suffering.

in the last 7 years helped a lot of people stay in their homes for fee and helped them save their money.


 

i am here......tying fishing jigs for fri fishing....kinda quiet


 

just its my job....supposed to be retired, but i have a student that needs transportation so i am having him fish with me......he should earn a new truck this week...then back to retirement....lol


 

just he actually earned it in one day, but i am going to send him along with some tuition money too....he is a hard worker

Wow! Good to hear a hard working guy!!


 

just we had 3 fish today for approx 575 lbs....market is premium right now. they are good ones right now.....back breakers