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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, August 29, 2017

DINAR GURUS UPDATE, 29 AUGUST

8-29-2017   Intel Guru ADMINBILL    AS I HAVE MENTIONED BEFORE THE RV IS NOT DIRECTLY CONNECTED TO IRAQ. THE RV IS NOT AN EVENT. THE RV IS A PROCESS THAT, FOR THE SAKE OF OUR SANITY, IS HOPEFULLY NEARING AN END.

8-29-2017   Intel Guru RayRen98
   A news flash has been reported to me that Baghdad has paid the Kurds approximately 80% of their debt today. The significance of this action is being researched for later details.

8-29-2017   Intel/Newshound Guru tman23  One way or another this...is about to come to a head...The speculation itself is simple...Iraq will lift the 3 zeros and we will find out how they treat the 3 zero notes at exchange...

8-29-2017   Newshound Guru mike   Article:  "Iraq is an international indicator of the failure of most countries to attract investments"  Quote:  "Specialists in economic affairs confirmed that the invitation of the Prime Minister and the previous calls can not be anything move unless action to improve the business environment in Iraq."  And then " he can not move anything with all these calls if no action is taken to improve the business environment in Iraq."   Three years ago Iraq came upon a fork in the road when oil prices dropped and they should have addressed the above concerns instead of taking the beggars road.  ...Iraq has to pass the legislation to enable the open market economy. The time for committee's and forum's have passed, open up the country for investors to bring the capital needed to rebuild the country and advance Iraq as a whole instead of the elite in government. The red tape and corruption are choking growth. Necessity is the mother of all invention, hopefully Iraq has a plan to do something now.Emotions aside, this is the economic reality of Iraq.

8-29-2017   Intel/Newshound Guru tman23  I suspect this will all come to a conclusion on or before the start of 2018... IMO... I expect the CBI to make a currency call and a change...upon conclusion of ISIS (war) , which is basically over...At such time we will find out the worth of the 3 zero notes at exchange.

NEWS: Zanu PF MP wants Zim Dollar back, 29 AUGUST

A Zanu-PF MP, Terence Mukupe, has said he is one of the people in the country who will opt for the reintroduction of the local currency and the removal of the bond notes.

Mukupe posted on Facebook that it was better to have a local currency than to have the bond notes which are rated at par with the United States of America dollar.

"I'm for the abolishment of the bond note and the return of the Zim dollar and the setting up of an independent currency board...

My simple math would place the Zim dollar at a rate of US$1 to ZW$46," he said.

The remarks come at a time when the country faces serious cash crisis as the banks are failing to copy with the demand for cash.

http://bulawayo24.com/index-id-news-sc-national-byo-116756.html

TNT & KTFA UPDATED, 29 AUGUST

TNT:

Tuesday UPDATE for August 29, 2017
A news flash has been reported to me that Baghdad has paid the Kurds approximately 80% of their debt today. The significance of this action is being researched for later details. #wearethepeople

SassyD:  “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” ----- Margaret Mead, anthropologist
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KTFA:

Bondservant88:  August 29, 2017

Celebrating new Mall Opening [Really great photos in link]

The Iraqi General Traffic Directorate on Monday closed all roads and streets surrounding the Baghdad Mall as of 3 pm in a move to control the traffic congestion expected to be caused by the attendance of thousands of people in the opening ceremony of Baghdad Mall later in the day.

Years of war, sectarian conflict and insurgencies, as well as a financial and trade embargo in the 1990s and ongoing corruption, had set back development in Baghdad, causing considerable damage.

Now, nearly two months after victory was declared against ISIS in Iraq’s second city, Mosul, and as Iraqi forces draw closer to completely defeating the group in the country’s north, it looks like the historic city may have much brighter days ahead.

Over the weekend the Iraqi Prime Minister, Haider al-Abadi, officially opened the new “Baghdad Mall”.

The huge mall includes various shops, a five-star hotel with 33 floors, which is managed by a global hotel company, and a specialized surgery hospital managed by a global medical services company.

According to the Baghdad Investment Authority (BIC), it is one of the strategic projects carried out in the heart of the capital, in terms of geographical location and size and quality of work in it.

The total area of ​​the project is over 24,000 square metres, to include shops of the world’s finest originals and a chain of restaurants of the finest brands.

The mall also includes a ten-storey car park. It is managed by a solid security company equipped with the latest equipment to check the wheels and provide full protection to the pioneers of this huge project, according to the BIC.

The construction project took three years to be completed.

Here are photos of the ceremony attended by thousands of Iraqi people, particularly the younger generation:

http://ifpnews.com/exclusive/iraq-still-alive-thousands-celebrate-opening-baghdad-mall/

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Samson:  Tillerson hails progress against Saddam in Iraq and Syria

US Secretary of State Rex Tillerson hailed progress in the fighting against Da'ash, stressing that his defeat in Iraq and Syria was inevitable.

"We are successfully defeating an oppressive organization, and we are now excluding them from their alleged rivalry," Tillerson said in an interview with Fox News Sunday. "The defeat of the organization means eliminating its ability to recruit and get money.

The Iraqi forces announced on Sunday the restoration of Tal Afar district, the last major stronghold in Iraq, and said that only some villages remained for Daas, declaring Nineveh a liberated province, while the Syrian Democratic forces were tightening their grip on Damascus.

On another issue, Tilerson said in the interview that the US commitment to moderation and equality has not changed, and that the State Department he manages is constantly expressing freedom and other American values.     LINK
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Samson:  Iraq and UAE mark the first steps of trade cooperation

29th August, 2017

Day after the declaration of the Department of Economic Relations at the Ministry of Commerce preparations for the convening of meetings of the ninth session of the Iraqi committee - UAE joint , which is in the activation and development of bilateral relations with the United Arab Emirates and when the last of the importance and status in the World Trade And the investment opportunities that it enjoys as a major center for global investment, the expert on foreign relations, Saad Fayyad, the importance of strengthening relations with the UAE because of the economic development witnessed recently. 

Al-Fayyad told Al-Sabah that "Iraq and the UAE are important and important countries in the region, as well as natural resources and the proximity of the two countries."  "The meetings of the joint committee will succeed and produce agreements to open a commercial route that starts in the UAE and passes through Iraq and then to Europe," the expert predicted, adding that the trade exchange between the two countries is likely to increase.

The Director General of the Department of Economic Relations in the Ministry of Commerce Adel Khudair Abbas has pointed out that "has been approached the relevant authorities to put forward the proposals and topics they wish to put them and discuss with the UAE side during the meetings of the Committee in accordance with the working paper for the Iraqi side."

 "Iraq is about to open up to the Arab environment in activating economic and trade relations, especially as it is in the process of rebuilding the areas that have been liberated from the terrorist gangs," he said.

Abbas also said that his department is preparing a memorandum of understanding between Iraq and Saudi Arabia in the context of economic and trade cooperation, as it addressed the relevant parties to submit proposals and observations for the purpose of its rank within the draft memorandum of understanding between the two countries.

It is worth mentioning that a high-level delegation headed by the Saudi Minister of Trade and Investment visited Iraq to promote and develop economic and investment relations between the two countries in a way that serves the common interests.

He held several meetings with the Prime Minister and a number of officials in the Ministry of Commerce, the Central Bank, businessmen, Which resulted in agreement on a joint working formula to initiate practical and scientific steps in the interest of the two countries and serve the aspirations of their people.

http://www.alsabaah.iq/ArticleShow.aspx?ID=143484

MIKE & TMAN23 UPDATE, 29 AUGUST

MIKE: Article:  "Iraq is an international indicator of the failure of most countries to attract investments"  Quote:  "Specialists in economic affairs confirmed that the invitation of the Prime Minister and the previous calls can not be anything move unless action to improve the business environment in Iraq."  And then " he can not move anything with all these calls if no action is taken to improve the business environment in Iraq."   Three years ago Iraq came upon a fork in the road when oil prices dropped and they should have addressed the above concerns instead of taking the beggars road.  ...Iraq has to pass the legislation to enable the open market economy. The time for committee's and forum's have passed, open up the country for investors to bring the capital needed to rebuild the country and advance Iraq as a whole instead of the elite in government. The red tape and corruption are choking growth. Necessity is the mother of all invention, hopefully Iraq has a plan to do something now. Emotions aside, this is the economic reality of Iraq.

TMAN23: One way or another this...is about to come to a head...The speculation itself is simple...Iraq will lift the 3 zeros and we will find out how they treat the 3 zero notes at exchange...


"Declassified" - GCR/RV Intel SITREP 8/29/17

What annoys this crowd is lack of information more so than inaccurate information. I totally get that.

But not knowing high level classified information really infuriates us. And that's what the RV is at the top levels of government, highly classified.

To speak to it, to leak, is considered treason and punishable by death in some countries, but at worst imprisonment.

Yet this community feels we deserve to know everything about what's going on daily, if not hourly. And that's true. But never have power brokers dished out truth freely to the people.

The internet has been the great equalizer.

Things slip. Word leaks. Digital pictures are taken and sent. And it's hard to keep the truth from getting out in an controllable vacuum.

Which leads us to Tuesday's Intel... that paymasters are calling in clients for over the counter table top exchanges if they have pre-existing SKRs.

First this occurred in the Eastern Hemisphere Sunday night 8pm EDT, now it's begun happening here in the West.

Americans and Canadians are being called in to meet with their favorite paymasters.

The world is on the precipice of a historic ascension moment tonight.

And this being the last week in August right before an end of summer holiday Monday matters.

This being the final week(s) of the Trump Administration matters.

This being on the other side of that total solar eclipse matters.

Hurricane Harvey sadly matters. For good and bad reasons which are highly complicated in both directions.

Houston area ports control the majority of crude oil sent to refineries on the east coast and in the midwest.

New crude pipelines from the Dakotas are ready to go on-line and service and / or replace Houston's delivery volume. Permanently.

Also, it's easier to attack any military installation if their national guard units are deployed off campus for a natural disaster.

Crazy declassified times.

Bob Mueller had all the Trump information handed to him long before he ever took the job. This his investigation report has long been written.

Who gave this to him? Obama, with Putin's help. Russia is playing the fall guy. And Trump the villain. Ryan the hero.

Mueller is preparing a second report on the Clinton Foundation because it directly relates to the Trump / Russia investigation.

Remember, everything you're witnessing now is scripted because the APTB are revealing the full scope of the cabal--all be it slowly--and using the bizarre Trump distraction to warrant a deeper investigation into the absolute corruption in American politics.

Talk about declassified.

I've even got IQD Intel tonight. I know, surprised me too.

Dr. Shabbi believed that the Dinar could handle a $36.00+ rate and arranged an intake mechanism with Prof. Bob Killian (the infamous Admiral in Reno who retired as a Navy Nuclear Submarine Commander) at a $20.00 rate, of which the Admiral scoops up a nice percentage per Dinar harvested (Dong $10.00 & ZIM too $0.00000018).

Even the Indian Tribes loaning the Admiral the use of their sovereign land reservation will get a cut of all currency brought in, which was loaded for years onto US military planes and flown to China where the Elders recorded the serial numbers and burned it, wooden pallets and all.

Lots of profit hungry hands, in lots of declassified cookie jars. But at this stage of the game, what does it matter except to curious folks like us and economic historians.

Funny that a 100T ZIM bond note is worth more than all the IQD bills the Admiral ever took in going back 8 years.

That's true also for historic bond owners who slaved away locating authentic paper and Elder approved redemption outlets... as the ZIM's inherent value has rendered all other asset transactions monetarily irrelevant (all things being equal).

China needs Africa, and Africa needs China. Both need America who has the most open Internet control mechanism which allowed classified information to leak out going back to the first Desert Storm invasion.

So the Elders used that fact and attempted to get 100% of the printed currency, historic bonds and uncut USD sheets off the street pre-RV.

And while they located 99% of the historic bonds, they were less successful harvesting the 75 revaluing currencies needed to complete a global currency reset under a classified communications umbrella.

A lot of currency is going to die in their hidden vaults and caves because the owner doesn't trust the GCR/RV has really fired until it's too late. Can you imagine?

They constructed a private redemption event experience for us. Bring in Fighting Joe Dunford to design and implement such a master plan (he's well known for precision planning and flawless execution).

All of this is occurring mind you with Obama's hidden oversight in coordination with the Elders, PROC and Putin.

Together they devised the whole Trump for President strategy in order to reveal the depth of the cabal (Mueller Investigation) and sins of the general population (white supremacy).

What else will old Yo declassify in the future? Better yet what will individuals in this community share to enlighten us on what we have all missed while unconsciously asleep in the matrix?

Keep your wild blogging fingers down and carefree chat room mouths closed versus speaking out with anger and venom in this late hour, their are special eyes watching these former high level government and now declassified matters.

Consider yourselves alerted. Sobeit.

God is with us

RANDY UPDATE, 29 AUGUST

Update: 8.29.17 1:01 PM PDT, Randy will be allowed to represent himself as Original.
He will not be released today. There are the other bogus warrants to clear. We are looking for a place for him to stay.
Hopefully the time to clear the outstanding purported issues will be enough time to find a place for him.

TNT Dinar Conference Call w/Rayren98

TNT & KTFA UPDATE, 29 AUGUST

TNT:

Al:  It has always been a process , and it is not about us EVER. We are close , stop speculating on non sense the RV will happen soon , just be ready.

Yada:  Agreed Al,,,this process taking place now, just not seen at our level,,,,but,,,,,expecting it any moment,,,,, (and this is not like last year or 5-10 years ago either)

Al:  Iraq has always had to get out from under war conditions. They are almost there!  Don't just wait patient ...... be expectant !!!

Robert001: Good evening. I have a question that I have not seen mentioned this evening... what is the world happened with the opening Day of the new glitzy Mall and what did people buy with a fraction of a penny in their pocket?????   Please explain to me the how,,, of the new cars,, big apartment buildings being sold, malls etc etc. with out the solid ole doe ray me to,purchase with.

Lena:  Robert , doesn't make sense does it?
....
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KTFA:

KTFA Monday Night Conference Call

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

PLAYBACK # : 641.715.3639     PIN: 156996#

https://fccdl.in/JZnVhi2XF

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JesusLovesBaseball:   The establishment of the Iraqi-Saudi Chamber of Commerce and Industry is huge news! Very exciting and powerful news! Thanks Don!

Don961:  Iraqi economic forum - Saudi in September

29/8/2017 12:21 AM

Baghdad / Hussein Thugb

The march of openness to the most important global and regional economic blocs continues and comes after the world's major economies have confirmed the role of Iraq on the large arena of the global economy with the wealth and strategic sites are very important for the overall production processes of all international specialized companies.

Today, we stand at an important detail in the march of the Iraqi economy represented by the great openness between the brotherly countries of Iraq and Saudi Arabia and the announcement of the establishment of the Iraqi-Saudi Chamber of Commerce and Industry which aims to bring about a major change in the shape of the national economy and transforming Iraq from an importer to cover the market requirements.

The president of the elected chamber Firas Rasul al-Hamdani said: Based on the initiative prepared by the Prime Minister to open up to the Gulf States, the Federation of Iraqi Chambers of Commerce directed the establishment of the Iraqi-Saudi Joint Chamber of Commerce and Industry.

He said in an interview for "morning" that the openness between the Iraqi and Saudi economists leads to positive results in all cases and can achieve integration in many economic joints.

Investment Portal

Al-Hamdani stressed that the ambassador of the Kingdom of Saudi Arabia to Iraq confirmed yesterday that King Salman has supported all projects in Iraq in the service sectors and productivity through the investment portal and the Saudi investor's entry strongly, and that the Kingdom supports the trends that make Iraq from the country of importer of materials to the country of origin "According to the Ambassador of the Kingdom in Iraq"

Iraq has moved from nearly 27 years to the importer of most of the goods and goods needed by the local market 

Saudi grant

He stressed that the Saudi grant by King Abdullah in 2006, amounting to one billion dollars, will be reviewed and used for the service and financial sectors, and that there are major Saudi companies that wish to work and invest in Iraq.

He pointed out that the Kingdom of Saudi Arabia is the mother of the Arab Gulf States and its entry into the field of cooperation with Iraq means the entry of all other sister countries.

He pointed out that more than 40 economic specialists representing various sectors contributed to the establishment of this chamber, and it was agreed on the constituent body which includes the sectors of finance, oil and aviation. Noting that the Saudi side nominated 14 personalities for this room, including the Secretary of the Arab Contractors Union Ziad al-Otaibi and Saudi Industry Ambassador Jassem Shammari.

Memorandum of Understanding

He pointed to the preparation of a memorandum of understanding agreed by the two parties during the coming period, referring to the agreement on the organization of the Iraqi Saudi Forum in September.

Al-Hamdani pointed out that the breakthrough adopted by the Federation of Iraqi Chambers of Commerce open to the establishment of joint chambers, which carries great economic benefit for all parties, especially as Iraq is a rich country that has the attention of the regional effort

And global.

First Deputy Chairman of the Chamber, Abdullah Tabara, stressed that the future work is large and the size of the Iraqi economy, which requires exceptional efforts must be made with the Saudi side to achieve cooperation of the highest degree of benefit to Iraq.

The Second Vice-President of the Chamber, Suha Al-Kafaie, told Al-Sabah: "The presence of Iraq and Saudi Arabia in a single work, means common interests and means more cooperation." The two countries' keenness on each other and this naturally leads to more stability for the two countries at all levels, A new economic reality that can benefit both countries. 
A member of the Board of Directors of Al-Arafa Qassim Al-Bahadli, he pointed out that Iraq has wealth and businessmen with extensive field experiences, and this requires us to work with one hand in order to achieve positive results in tune with the size of the Iraqi economy.
He urged that the efforts in the coming period towards the integration of the poles of the local effort, the importance of this in support of economic development.

Stage of openness

While the member of the Board of Directors of Tamkeen Abdul Hasnawi that the stage of openness to neighboring economies, including Saudi Arabia means that the next need to work plans accurate and realistic, especially that the Saudi economy is a global impact and has developed sectors can be employed to serve Iraq.

In turn, Chamber member Hassan Falah Hussein said that the integration of Iraq and Saudi Arabia economically is a positive and influential at the level of the region and the world and both have wealth and energy, which are important elements in the global market and hence stems from the great importance of this convergence that will come eat in the near future.

Muhannad al-Saadi member of the Chamber pointed out that the coming period requires that we be files containing a database of the sectors of production and service to determine the reality and then draw plans that would progress gradually and here we can benefit from the experience of the Kingdom, which was able to promote industrial production, agriculture and service aspects .

The member of the chamber d. Anwar Yasiri said that the existence of a real approach to the rapprochement between two important economies in the region leads to achieving great economic feasibility in all sectors of production and service to reach the tourism side, which continues throughout the year for the existence of continuous Umrah in the Kingdom matched by the presence of holy shrines in Iraq and can be found mechanisms of benefit So.

http://www.alsabaah.iq/ArticleShow.aspx?ID=143486

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Don961:  The decline in tax revenues during the first quarter is mainly to blame on the decrease in direct taxes.

Tuesday, August 29, 2017

Tax Revenues Take Backseat to Petrodollars, Again

Oil revenues grew by 333.2% and tax revenues fell by 1.6% in the first quarter of the current Iranian year (March 21-June 21) compared with last year’s corresponding period.

The Central Bank of Iran’s report published on its website added that the government earned 181.9 trillion rials ($4.8 billion) from taxation in Q1, whereas revenues from the sale of oil and petroleum products reached 188.9 trillion rials ($4.97 billion).

The $4.8-billion tax revenues missed the 296.7-trillion-rial ($7.8 billion) target set by the government for the first quarter by a wide margin.
The surprising decline in Q1 tax revenues comes after last year’s promising growth in tax earnings. Iran collected taxes worth 1.015 quadrillion rials ($26.6 billion) in the last fiscal year (March 2016-17), registering a rise of 28.1% compared with the year before. The windfall was perhaps the reason why budget planners set an ambitious target of 1.16 quadrillion rials ($30.52 billion) in tax income by the end of the current Iranian year (March 20, 2018). 

Tax revenues constituted 43% of the overall government revenues for the three-month period, which was 73% year-on-year and 48% in Q1 of the year ending March 2016.

Overall, the government earned 242.3 trillion rials ($6.37 billion) in tax and oil revenues during the first three months of March 2015-16, out of which 142.2 trillion rials ($3.74 billion) were earned from taxation.

The aggregate oil and tax revenues reduced to 228.5 trillion rials ($6.01 billion) due to a decline in the sale of oil and petroleum products, while tax revenues increased to 184.9 trillion rials ($4.86 billion) in the fiscal 2016-17.

CBI figures show sources of government revenues changed in inverse proportion in Q1 of the current year. But why have tax revenues declined?

Tax revenues consist of government earnings from direct and indirect taxation. Direct taxes include three groups of “tax on legal entities”, “income tax” and “wealth tax”. Indirect taxes include “tax on imports” and “tax on goods and services”. The decline in tax revenues during the first quarter is mainly to blame on the decrease in direct taxes. The total volume of indirect taxes rose by 5.3% in Q1 to stand at 88.3 trillion rials ($2.32 billion), whereas revenues from direct taxes reduced by 7.4% to 93.5 trillion rials ($2.46 billion).

Tax revenues from legal entities registered the sharpest decline among all subcategories of direct taxes, decreasing 17.8% compared with the first quarter of last year to hover around 48.7 trillion rials ($1.28 billion). Wealth tax revenues dropped by 0.6% to stand at 5.8 trillion rials ($152.63 million) and income tax revenues increased by 8.7% to stand at 39 trillion rials ($1.02 billion) for the period under review.

The rise in income tax revenues only managed to compensate a part of the decline in tax revenues of legal entities. This comes as the first quarter of last year saw an 18.9% rise in taxes of legal entities compared to the year before. Revenues from taxation of legal entities were expected to reach 93.5 trillion rials ($2.46 billion), of which only 48.7 trillion rials ($1.28 billion) were realized (about 52%). The government managed to materialize 89% of the projected revenues from income tax and 77% from wealth tax.

There are also subcategories in indirect taxes where government revenues reduced in Q1. Taxes on goods and services dropped by 3.3% to stand at 70.3 trillion rials ($1.85 billion) in Q1 compared with the corresponding period of last year. This comes as tax on imports generated 18 trillion rials ($473.68 million) in Q1, registering a 61.8% rise YOY.

  Root Causes

Investigating the reasons behind the decline in tax revenues, Pedram Soltani, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture, told Financial Tribune’s sister publication, the Persian economic weekly Tejarat-e Farda, that the first three months of the current year coincided with the presidential election in Iran, explaining that governments naturally defer taxes and show leniency to highlight the positive features of their performance in the election season.

“Also, major investors, mass buyers and big companies are bound to put their major purchases on hold during election time, which could explain why revenues from value added tax decreased in the three-month period,” he said.

VAT revenues (a subcategory of goods and services taxes) reduced by 4% in Q1 compared with the same period of last year to stand at 48.9 trillion rials ($1.28 billion).

Soltani noted that the economic stagnation in the fiscal 2015-16 and its impact on businesses might be another reason behind leaner tax revenues in Q1 this year.

“That’s because the official deadline to file tax returns in 2016-17 was July 22. Last year’s tax revenues are set to be realized from this date onward. Generally, what is collected in tax dividends during the first quarter belongs to the tax yields of the two preceding years,” he said.

“Following a decision made by the High Council for Resistance Economy last year, the government agreed with the tax declaration of manufacturing units without investigation. This measure might also have played a role in reducing tax revenues.”

Soltani noted that whenever oil revenues go up, officials go soft on taxation.

“This leniency is partly positive and recommended at times of recession. However, it may make government resources heavily dependent on oil revenues,” he concluded.

https://goo.gl/bdWG3R

IQD CHAT, 29 AUGUST

ElmerFudd: Hey all, any news today?

ElmerFudd: Hello all, any news today?

BREW: @ElmerFudd SAME-O

ElmerFudd: I hear that from other people as well, I wonder why it's gotten so quiet?

BREW: @ElmerFudd NO IDEA, BEEN THAT WAY MANY TIMES BEFOR, TODAY IS MONDAY, IT WILL ALL START BACK UP TOMORROW.

ElmerFudd: They were supposed to be doing the reconciliation stuff after Mosul and nothing happened.
 ...
​ElmerFudd: And no formal announcements from the CBI regarding the deleting the zeroes for weeks now.

BREW: @ElmerFudd MOSUL HAD/HAS NOTHING TO DO WITH THE R/V

ElmerFudd: True, but it does factor into the countries stability.

BREW: @ElmerFudd IT IS NO WHERE NEAR STABIL
BREW: @ElmerFudd SOME OF YOUR GURU'S PREACHED ON MOSUL SAYING AS SOON AS IT WAS TAKEN..........NOT.

BREW: @ElmerFudd SECOND LARGEST CITY IN IRAQ, NOW ALL THEY NEED IS SOME BULL DOZERS.

BREW: @ElmerFudd AND BILLION'S OF $ TO REBUILD.
BREW: @ElmerFudd THERE GOVERMENT IS SORT OF LIKE OUR'S, SORRY AS DIRT. :yes:

spanki: where they gonna get the 100 bil to rebuild--
spanki: they have had their hands out for some time now

BREW: @spanki GOOD QUESTION

spanki: borrowed from many== I would think it is time to reval

BREW: @spanki NOT SURE THEY CAN AFFORD TO.

Dave: 5 million barrels per day at 50.00...250 million/day ,times 365...........mega billions in oil alone

spanki: have they all they need w the banking and laws to move forward

tman23: French FM on his visit to Kurdistan few days ago said: The estimate cost to build Iraq is 530 to 870 Billion Euros...... Now that sounds more realistic than 1 billion for Mosul etc........

BREW: @spanki TRUE, I THINK IT WOULD BE LEFT UP TO THE IMF.
BREW: @tman23 BILLIONS.

tman23: KRG now exports 600,000 barrels of oil per day, with up to a million per day on the horizon, with existing and pending deals with large multinational oil companies.

The KRG’s budget deficit has thus shrunk 99%, from $4 billion in 2013 to just $63 million in 2016.

Together with efforts to boost agriculture (Kurdistan is nearly self-sufficient for food now), manufacturing and private sector in general, the future prospects of the region look better than that of many states.

BREW: @tman23 THAT DOES NOT MEAN AN R/V IS EVEN CLOSE.
BREW: @tman23 THERE ARTICLES ARE ALOT OF CRAP, THERE WORTH NOTHING BUT WORDS.

spanki: tman = it means they r ready to split?
Dave: About 92 biilion/year not counting ANTHING else

BREW: @spanki POSSIBLE, TO MANY TRIBES TO GET ALONG.

spanki: if kurds split it will be over for us I think--

tman23: Nobody is speaking about RV....... RV is not the focus...... The focus is Kurd independence and them moving forward opening their economy...... Barzani said as I keep repeating....

Kurdistan cannot progress and open its economy under the duress of the three zeros........ This move by the Kurds places tremendous pressure on the CBI..........

spanki: that sounds positive tman

BREW: @tman23 HERES THE THING, IT WAS MOSUL BEFOR THE KURDS, AND BEFOR THAT ANOTHER THOUSANDS THINGS.??

Dave: end one crisis and start a new one

BREW: @tman23 NOT ONE THING HAS EVER HAPPENED THAT WAS SUPPOSE TO, NOT ONE.

Dave: They made laws banning silencers......

spanki: tman- i do think that Baghdad is holding back the Kurds, if they were running Iraq this would be over now

BREW: THEY HAD TO HAVE A GOVERMENT, WELL THEY HAVE HAD A GOVERMENT FOR SOME TIME NOW.
BREW: YES WE TAUGHT THEM HOW TO GOVERN

tman23: @spanki .... One way or another this scam is about to come to a head........ I call it a scam because of the GURU lies and website pumpers for ad revenues........ The speculation itself is simple.......

Iraq will lift the 3 zeros and we will find out how they treat the 3 zero notes at exchange........ All this talk about the procedures such as article 8 etc etc.... just make

Dave: I thought Kurds needed to have a census of "The disputed Territories" and some of these regions are under Isis control and many have fled

spanki: tman - good script writers-- hope this comes to a head real quick--tired

tman23: @spanki ..... All this talk about the procedures such as article 8 etc etc.... IS USELESS CRAP....... But in dinar land....... krap floats !!

spanki: pump and dump at 20% a transaction

spanki: https://iraqcurrencywatch.com/2017/08/28/the-wealth-of-iraq/

Dave: @tman23 even simpler...are they still fighting a war in their own country....RV tomorrow?

Dave: @tman23 .....that would end the war as all the gangs would be running to the banks

spanki: laterz--https://www.youtube.com/watch?v=_JoZS6LgqYI

mod: Oootahs RV/GCR "EMERGENCY" CALL w/Beny Now Monday 8/28/2017 9:30pm ET / 6:30pm PT www.iqdcalls.com/benny.html

spanki: https://www.youtube.com/watch?v=Q9X-cgihXqQ

RickeyT: @spanki and paid the spomsors with dinar?

tman23: @Dave ....... I suspect this will all come to a conclusion on or before the start of 2018....... IMO.....I expect the CBI to make a currency call and a change...... upon conclusion of ISIS (war) , which is basically over..... At such time we will find out the worth of the 3 zero notes at exchange
tman23: Verdict: True Data from the RAND Corporation and the Global Coalition Against Daeesh confirms Tillerson’s statement that anti-Islamic State forces have retaken “70 percent” of the territory in Iraq that the Islamic State controlled at its peak.

tman23: Major blocks of territory in the country’s western fringes that border Syria as well as the prominent city of Hawijah, however, remain under Islamic State control........ Hawijah is said to be planned for after the Kurd referendum is held

tman23: ERBIL — The military operation for liberating the Iraqi city of Hawija is expected to be launched after the upcoming independence referendum in Kurdistan Region, senior Peshmerga Commander Kamal Kirkuki said on Monday.

RickeyT: @tman23 I am thinking that everyone kinda knows already

tman23: @RickeyT ....... Most likely !! ..... But always have secret info that can't be told.......Intel Guru Okie_Oil_Man I have some information that I was asked not to relay and I hate that I've got a secret game but I just wish each of you knew just where we actually were...you would be jumping out of your socks........... AND THE BEAT GOES ON !!

Meatball: does more then float in dinarland

TWW: @tman23 why did u even bring it up then????

Romello: @TWW I think Tman was referring to something that Okie would say...
Romello: Hello everyone

Romello: @RickeyT You still up this late. lol

TWW: @Romello i c just a reference line.
Romello: @TWW How you doing tonight?
Romello: @RickeyT Wassup buddy?

RickeyT: @Romello waiting for the rain to subside, LOL

TWW: @Romello just great, bk from belly boarding
Romello: @RickeyT lmaoff... I understand


chattels: Local Iraqi forces testing IS defenses in Anbar Read more: http://www.al-monitor.com/pulse/originals/2017/08/anbar-iraq-usa-isis-pmu.html#ixzz4r8qaBkpg

chattels: UPDATE: Kirkuk province votes in favor of participating in Kurdistan's referendum By Rudaw 28 minutes ago http://www.rudaw.net/english/kurdistan/290820171

chattels: McGurk's anti-ISIS post not among special US envoy reshuffling By Rudaw

http://www.rudaw.net/english/middleeast/29082017

chattels: There is currently no good reason to delay the referendum By Paul Davis

http://www.rudaw.net/english/opinion/28082017

chattels: " As of this writing the referendum will take place on September 25 and very likely pass. When the KRG declares independence is not known now, but it will happen. What is also not known is the reaction of the rest of the world."

chattels: Tal Afar's problems won't end after Islamic State By Paul Iddon

http://www.rudaw.net/english/analysis/29082017

chattels: Dollar and currency prices today : 2017/8/29 10:29 • [Ayn-Baghdad] Foreign currency markets in Iraq, on Tuesday morning, stabilized the exchange rate of the dollar against the Iraqi dinar.

The market price in the Kifah Stock Exchange in Baghdad was 1255 dinars per dollar, ie 125 thousand and 500 dinars per hundred dollars. The prices of selling and buying dollars in banking companies were: the selling price of one dollar 1245 dinars, or 125 thousand and 400 dinars, for one hundred dollars.

The purchase price of the dollar is 1245 dinars, or 124 thousand 500 dinars, for one hundred dollars.

http://www.alliraqnews.com/modules/news/article.php?storyid=65430

chattels: The popular crowd, on Tuesday, published night patrols and installed a sophisticated camera system to secure the Baghdad-Trebil road.

 "The popular crowd continues to secure the international road between Anbar and the port of Trebil and between the province and Baghdad," said Brigadier General Wakir al-Fartousi in a statement to inform the popular crowd. Deploy night patrols and set up cameras to make the road completely secure. "

 "This road is currently in the hands of the security forces, the popular crowd and the mobilization of Anbar province," he added.

http://www.alliraqnews.com/modules/news/article.php?storyid=65439

chattels: Salim al-Jubouri: Parliament will resume its sessions immediately after the Eid

https://www.ninanews.com/News_Details.aspx?%252box1Tq6i%252bSwiYDP6tQX0x3CEgLdDgIbGmP5ojpeFOQ8%253d

chattels: Eid Al-Adha begins Friday, September 1, 2017 and ends Saturday, September 2, 2017
chattels: Give or take a day.

chattels: Eid al-Adha (Arabic: عيد الأضحى‎, translit. ʿīd al-aḍḥā, lit. 'Feast of the Sacrifice'‎, [ʕiːd ælˈʔɑdˤħæː]), also called the "Sacrifice Feast", is the second of two Muslim holidays celebrated worldwide each year, and considered the holier of the two.

It honors the willingness of Ibrahim (Abraham) to sacrifice his son, as an act of obedience to God's command. Before he sacrificed his son God intervened by sending his angel Jibra'il (Gabriel), who then put a sheep in his son's place.

In commemoration of this, an animal is sacrificed and divided into three parts: the family retains one third of the share; another third is given to relatives, friends and neighbors; and the remaining third is given to the poor and needy.​
​chattels: Eid al-Adha celebrations start at the same time as the annual Hajj in Mecca.

chattels: The Ka'bah (Arabic: ٱلْكَعْبَة‎‎ al-kaʿbah IPA: [alˈkaʕba], "The Cube"), also referred as al-ka`bah al-musharrafah (The Holy Kaaba), is a building at the center of Islam's most sacred mosque, that is Al-Masjid Al-Ḥarām (Arabic: الـمَـسـجِـد الـحَـرَام‎‎, The Sacred Mosque), in Mecca, Hejaz, Saudi Arabia. It is the most sacred site in Islam.

chattels: Muslims are expected to face the Kaaba when performing salat (prayer). From any point in the world, ......

chattels: One of the Five Pillars of Islam requires every Muslim who is able to do so to perform the hajj pilgrimage at least once in their lifetime.

chattels: The Well of Zamzam (or the Zamzam Well, or just Zamzam; Arabic: زمزم‎‎) is a well located within the Masjid al-Haram in Mecca, Saudi Arabia, 20 m (66 ft) east of the Kaaba, the holiest place in Islam.

According to Islamic mythology, it is a miraculously generated source of water from God, which sprang thousands of years ago when Abraham's (Ibrāhīm) infant son Ishmael (ʼIsmāʻīl) was left with his mother Hagar (Hājar) in the desert, where he was thirsty and kept crying.
Millions of pilgrims visit the well each year while performing the Hajj or Umrah pilgrimages, in order to drink its water.
 

RayRat98 "Are You a Excited About the Dong", 29 AUGUST

[Are you as excited about the dong as you are about the dinar?]  Sort of.  I’m satisfied with what I have heard solid intel from others on the IQD.  I haven’t heard as much on the dong.  Iraq is telling its citizens that they are going to change the value of the currency really soon, and we are starting to see little indicators of them doing just that. 

RayRat Call Notes, 29 AUGUST

TNT Call notes 28-August-2017

Replay: 641.715.0623, PIN CODE 409029#


https://events.iteleseminar.com/?eventID=101009883

RayRat: Good afternoon, TNT super-fantastic family! Today is Marvelous Monday, August 28, 2017, with yours truly RayRen98 here. My, oh, my, where has the month gone to? It’s almost over, and we are still waiting for the public release of the RV. As I said on the text, there is no new hot intel, but we do have some announcements from Iraq saying legislation waiting for eight years is now being passed. They didn’t say what legislation. There are new money auctions coming up later in September, and that may relate to the cessation of US dollar auctions. The rates on the bank screens are showing rates at a 1:1,000 rather than 1:1, but that should be shown tomorrow, or so I hear. So we have to be careful when we are looking at rates on currency sites, and doing conversions. One of the currency sites has a rate schedule based on 10,000 units, and that threw people off looking at the Vietnamese dong. As a result, some people were thinking .044 to be .44, which gives a different result. So be careful when you’re converting from those sites and rates.

Questions from the TNT forum

Q: I have read over the weekend about Dr. Abadi doing a bit of house cleaning. It seems as though quite a few political figures in Iraq have been arrested and/or their assets seized because of corruption. Is Abadi now in the final stages of cleaning up before the RV can occur because they want to make sure that those undervalued Dinar are not turned into billions of dollars and disappear across the borders instead of benefiting the Iraqi people? Is “M” next ?
A: I don’t know what the plan or strategy is for that. We did hear Abadi is going after the corrupt officials, but I don’t know the time-frame respecting the public release.

Q: Is there any evidence the “in country” economic reconciliation is underway??
A: I have not received any public acknowledgement towards that.

Q: Is it right that there is an in-country rate and a higher out of country rate? [RR: YES. That would be the case anyway, because if you use the currency internationally, there will always parity and market rates; that’s the way I see it.] If so, won’t that irritate Iraqi citizens in country when they find that out?
A: What they’re going to find out is that their purchasing power will be the same in-country, even though the rate has changed. The value will be the same, but there will be a different rate structure.

Q: I believe that Abadi stated that currency reform would start on 8/21. If my memory is correct, Tony, DC, or yourself stated that there would be a 10 day period after reforms were initiated that Iraq would enjoy these reforms before it went international. Is that what we are waiting on?
A: I don’t know; I don’t have official information stating that.

Q: A few weeks ago the CBI released its June and July, 2017 Statement of Compensation Report. Are you aware of that report? [Yes, I’m away that it exists.] If so, has any of your Intel sources commented about either of the following 3 line items in it, as being relevant to what we await? 1.That report was published in “thousands” rather than millions, as it has been in the past. 2. The next to the last line item shows an amount allocated for ” Revaluation for Current Year”. 3. One column shows an unusual amount for “Currency Issuance Expenses”.
A: They have made no mention of those three entries that you are interested in.

Q: It would be nice if we could get an idea of prices in the mall. [??] If there are ATM machines and are the people using them?
A: I haven’t received information about drastic price changes or use of ATMs for lower denominations.

Q: Have you stayed in touch with Okie over the last few years?
A: Duh. I have told you times when Okie has been sick, for example.

Q: So, no chance it will happen today is there? it is My Husband birthday and what a great day it would be for an RV.
A: Never say never, but I think it is unlikely.

Q: It has been a few days since the Qi cards got loaded. Is there any confirmation on the new rate that was loaded on the cards.?
A: Still not solid confirmation of rates on the cards, other than they are being utilized in and out of the country.

Q: A few years ago, I heard you say [didn’t catch it]. Are you still getting bank intel from your sources that you are not able to share?
A: Bank intel, yes. The banks are excited and ready to go. They don’t know the actual date. We have good sources who have missed the mark several times. Nothing has materialized yet, but they are going with the information they received from their superiors. They are saying “get ready for a rate change”, that’s all; I don’t think they will give a time until it is a reality.

Q: Some time ago, I suggested September as the time for the RV, you thought it would go sooner. Now a friend, a retired currency dealer is saying November.
A: I have contacts, who give me information, most of which has come to pass. The fact that the RV timeframe has not arrived, doesn’t mean that they were wrong. What substance do we go on? Our sources have told us things that have almost always happened, not necessarily in the time they suggested. For example, they said the Budget was done, and we saw it in public a few weeks or months later. They don’t make these things happen; they are just reporting what they have been told or seen. Same with the banks: they are being told to get ready for the rate exchange, so that is what they told their employees. It didn’t happen, but that didn’t mean it isn’t going to happen. Maybe they changed the plan. Your friend is suggesting November; w hat reasons or substance does he have for that view? My sources aren’t saying November, and they have been providing intelligence for years, both ordinary citizens, or government/civil service contacts. Whatever they say today, I am in agreement with because they have a proven track record. They didn’t make promises to us, they just told us their projections. Sometimes things change in midstream, and we don’t control that. Is it possible we are three months away? Yes, but I can’t see that, that we are still without this project in three months. If you have more information, sent it by PM and I’ll take a look at it.

Q: I understand that the best of us are waiting for the optimal time to exchange. Is there are reason why we would not be going in for the contract rate?
A: No. Contract-rate chasers will want to go in very promptly. Once you can’t get that, for one reason or another, go for second-best, which is waiting for the rate to appreciate before making their move. You can leverage and flip, etc., along the way. Those of us who are squeezing out the maximum value, that’s what I identify as ‘the best of us’ because they are finding ways to handle any current financial emergency as we wait for the best time to exchange.

Live questions

470/865/404 caller: About the legislation that was in a backlog, did they pass all of it, or just a portion? What about those laws showing up in the Gazette.

RayRen: Just a portion; no other details were given. I would think the new laws wills how up in the Gazette on Wednesday but that’s just my thought, not intel.

Caller: I believe another major holiday will start on September 1st, for four days… what effect will that have on what we are waiting for? Might be a good time to celebrate.

RayRen: There has been no mention of that, nor any issue with it.

610 caller: If you are financially able, please donate by mail, sending your check or money order to Ray Renfrow, PO Box 1748, Elm City, NC 27822.

832 caller: When this comes through, will you adopt a village or town? I wonder if all of this is being delayed because they want the money to be used for humanitarian aims.

RayRen: I would adopt whatever my money would allow me to adopt. I don’t think this release is based on the humanitarian efforts of citizens. I know there has been some information put out there regarding the humanitarian side of this process, but I really don’t think the timing is based on people’s desire to be humanitarian with these funds. If that were the biggest issue, those holding the money would be out doing it now, rather than giving us the money to do it. I think it might be more about learning responsibility and stewardship. “If you want to get something done, do it yourself.” If you subscribe to the Great Book of Instruction, it’s not about letting someone else be the shepherd or steward; it’s up to us to undertake that stewardship. We should be doing that anyway, and many have been doing so, to the best of their ability. If this RV were dependent on humanitarian projects, THEY would already being doing it. When we have the funds, sure, we will be doing a lot of things like adopting neighborhoods, towns, cities, states, and regions.

WV caller: We were supposed to hear something on 8-21-2017. Something did happen in China where their systems crashed; does that have anything to do with us?

RayRen: Not so far as I know.

NV caller: I have a question to do with the Zim. In light of probable exorbitant numbers, and NDA will be required, and 65% will be required for humanitarian projects, with 35% for personal uses. Those are the reports I have heard… what is your view?

RayRen: Since I don’t hear that from any of my sources, I don’t believe it to be reliable or probable. I’m not saying it’s not true; because I don’t hear it, I have no basis of belief or reliability to give that substance.

Caller: Are there any expectations or demands regarding the exchange of Zim?

RayRen: Some members have said their banks have told them they will accept anything they have, without conditions or hoops. Then we have some members being told they have to go to a specific location for Zim. That’s all I’ve heard lately.

Caller: Would that location be an HSBC bank?

RayRen: He was told that, but I’ve also seen documentation saying HSBC will not be exchanging any of these currencies. So I don’t know!

Caller: Will you be giving us any guidance regarding humanitarian projects?

RayRen: Yes, there are many things that will be of particular interest after the RV; we are especially interested in educational projects that will help us deal with this money, so we can make our own decisions rather than others making them for us.

Caller: I have heard large Zim holders being called to become ‘career philanthropists’. What is your opinion?

RayRen: That’s the first time I’ve heard that phrase. To me it implies that those who have the larger amounts of money, they have a responsibility to give away more. I leave that up to each individual person, what they choose to give back. For myself, I’m more interested in making the money grow so that I can continue to give into perpetuity. However, that’s not about my having more money than others.

Caller: Have you heard anything about our tax position on these exchanges?

RayRen: I’ve heard all sorts of things, but nothing officially. I don’t know if there will be taxes or not. It’s a good expectation, worth planning for, and if it doesn’t happen, that’s even better. It’s better to have it set aside if needed.

Caller: I heard that you would be taxed at the same rate as you paid your last year’s income tax. Have you heard that?

RayRen: I’ve heard all of it, every possibility, but nothing officially. I choose to leave that alone because we just won’t know until this happens and the truth comes out. It’s better to have it and not need it, then to need it and not have it. You won’t have to pay taxes – if at all – until after 15. April 2018. By then you’ll know what the situation is and can deal with it according to the advice of your financial team.

Caller: Do you think Zim will be taxed differently than the other currencies?

RayRen: If you exchange something, that is exchange for equal values. To me, that’s a different process than a redemption, which is the word some are using for the Zim. Those are two different cases or realities. However, in the US, words can have multiple meanings depending on the application. One might clearly be taxable, and the other may not. I would argue that exchange for equal value is not taxable.

Caller: How excited are you?

RayRen: Very excited – this thing is definitely in motion. The first Iraqi who contacted us saying their family member had a card over here and was using it, that’s what got me excited, and that was two years ago. That’s when it became a reality for me, said yes, this is real, we just don’t know when. And now ordinary Iraqi citizens have cards and are using them here in the US. That speaks volumes to me. We just don’t know if that is based on the new rate. Also, 59 banks are taking dinar now. All I’m waiting for is the rate to change. Anything else is superficial chatter, without meaning. Back when we were looking for 800 numbers, that was the marker that the RV happened, and here is where you can go to exchange. We already have 59 places we can do, and I know the RV is happening. We’re just waiting on the rate. It doesn’t matter if I have an 800 number or not; the banks that exchange now have no issue with the activity, they will simply adjust the rate. There are probably more than 59 banks. I don’t have to wait on the 800 numbers, I already have places to exchange.

Let’s say there is just one 800 number being distributed; how many choices will you have when that happens? Maybe three or four of the biggest banks. Right now we can call 59 banks and compare rates. So I have more choices already. If an 800 number comes to me, I will gladly distributing that number. At the same time, they are not affecting me, dangling that as a carrot; I have 59 other vegetables to chew on. We have 59banks that will exchange, and we have banks coming our seminars to share what they can offer in services and perks. They want these exchanges. We are just waiting for that one day when it says, “This is the new rate of the Iraqi dinar.” The GCR is just extra icing on the cake. We are in position to act on the main change. Then you will learn what the best of us can do in this market, and the rest can learn from us for the next ground. That’s what being prepared is all about.

Caller: Are you as excited about the dong as you are about the dinar?

RayRen: Sort of. I’m satisfied with what I have heard solid intel from others on the IQD. I haven’t heard as much on the dong. Iraq is telling its citizens that they are going to change the value of the currency really soon, and we are starting to see little indicators of them doing just that. The other currencies, I haven’t received that type or level of information, so I can’t hold it in the light of a finished product soon to be at your doorstep. Many believe they will all go at the same time; I’m sort of hoping they do not.

Caller: Does the US government have any influence on the dinar or dong?

RayRen: I really don’t know; I’m just being ready for when its my time to move.

[I had to leave the call here. Check the Cliff Notes for Ray’s Closing Statement.]

Closing Statement

No new intel, things seem to be moving along.

RayRen played I Believe: https://www.youtube.com/watch?v=9DYrqOUKLtA