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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, September 19, 2017

TNT Rayren98 Dinar Call

IQD CHAT, 19 SEPT

Chat Room News Excerpts & Highlights Monday Late Night  9-18-17


tman23: WASHINGTON (AP) -- The Senate has overwhelmingly approved a sweeping policy bill that would pump $700 billion into the military, putting the U.S. armed forces on track for a budget greater than at any time during the decade-plus wars in Iraq and Afghanistan. Senators passed the legislation by a 89-8 vote Monday. The measure authorizes $700 billion in military spending for the fiscal year that begins Oct. 1,

Meatball: @chattels 140 and the rv are the answer to everything ..lol
 ...
chattels: @Meatball Pattern male baldness and impotence also, eh ?

Meatball: lol....
Meatball: what a choice lol

chattels: Monday, September 18, 2017 West Anbar Operation To Proceed in Stages Unlike previous government campaigns against the Islamic State the west Anbar operation will be conducted in stages. The first, was the taking of Akashat, which occurred over the weekend. The Iraqi forces will move on the Iraq-Syrian border and a number of other towns before taking Rawa, Qaim and Ana, the ultimate goals.

https://musingsoniraq.blogspot.de/2017/09/west-anbar-operation-to-proceed-in.html
chattels: In previous campaigns the Iraqi forces have constantly pushed forward to apply pressure on the insurgents. This time, it appears that that the government is going to be more deliberate, and go town by town. Heavy IED fields also appear to be a concern.

Without them being taken care of supplies and other support can’t be delivered to the lead units. Originally, some Iraqi generals wanted to attack west Anbar, Shirqat in Salahaddin and Hawija in Kirkuk simultaneously. Political disputes between the Kurdish and central government however have put Hawija on indefinite hold, so Anbar is going first.

chattels: Western Anbar Province is an area that they will likely be fighting in / for years although I suspect that Abadi will claim success when it suits his propaganda needs. Maybe prior to / next preceeding election time 2018.

chattels: I have said for some time that DAESH will not be " vanquished " before the 2018 elections as Abadi needs to occupy the Hash'd until he can hopefully form a government in his own right and not as a weak compromise Prime Minister.

chattels: Kirk H. Sowell‏ @UticaRisk Replying to @UticaRisk This is just a reminder that Iraq has another crisis looking, temporarily overshadowed by the referendum, re the next elections.

chattels: Kirk H. Sowell‏ @UticaRisk Parl't is supposed to hear the selection comm's report today. But approving the nominees does not end the problem, but then we move > Sadr.

chattels: Kirk H. Sowell‏ @UticaRisk This is just a reminder that Iraq has another crisis looking, temporarily overshadowed by the referendum, re the next elections.

chattels: Wrangling over Iraq’s Election Laws
http://carnegieendowment.org/sada/index.cfm?fa=68730&mkt_tok=eyJpIjoiT1RRd01HVTNaV1ZqTm1JMCIsInQiOiJNeEN0K0lYVW9UT2s2MUZiZ3ZEbFE2Ym9EeEdyXC9CTkRvbDVURnBhaWdlak9Iem41V3JTQWxRMjdudVQwS0dDRVBmQ1wvcVVVaE9BM25QWmlFR1M1aFpsR3l1enBLWXAwSGdGdCtKRm9seVRYYUdJalJpbllnTVZNV0hRYm4yTGVOIn0%253D

chattels: Replying to @UticaRisk Right now the crisis point re elections is the need to appoint a new IHEC & also need to pass both federal & provincial election laws.

chattels: https://twitter.com/UticaRisk?lang=en

chattels: I commented recently on hysteria in Baghdad over the Turkish presence in Bashiqa which has gone silent in the face of the Kurdish referendum. The sudden commitment by Erdogan to Iraqi unity is also remarkable.

chattels: Kirk H. Sowell‏ @UticaRisk 6h6 hours ago Replying to @UticaRisk Erdogan's conversion to the cause of Iraqi unity & soveriegnty is a thing to behold.

Blackgold: the sudden commitment of Erdongon to Iraq comes from the whimpy US turning their backs on turckey because of the Russians and other factions

Blackgold: do we have any ships in the Purssian gulf at all

chattels: @Blackgold I do not know.

chattels: @Blackgold Although the Navy has maintained at least one aircraft carrier in or near the Gulf for the last seven years, it is planning longer periods where there will be no carriers there at all. http://thehill.com/policy/defense/251197-navy-reducing-presence-in-persian-gulf

chattels: @Blackgold That article is from 2015

DinarHolder: SteveI from Peoples Dinar has passed away. ;sad2;

chattels: @DinarHolder “Any man's death diminishes me, because I am involved in mankind, and therefore never send to know for whom the bells tolls; it tolls for thee.” _ John Donne
RickeyT: @DinarHolder I never considered him a guru
RickeyT: cancer got him

LeLe: Thoughts and prayers are with his family.

LeLe: Hope you are doing well RickeyT!

RickeyT: @LeLe thank you, I am struggling right now, none of my cancer drugs are working.

Acerginnala: I will add you to my prayer list RickyT.

RickeyT: @Acerginnala Thank you.

Acerginnala: Don't shoot the messenger but, my shih-tzu had cancer and lost his appetite. We were going to have to put him to sleep when a friend recommended cbd oil for him. I tried it and Mekoe lived another 3 years. I am not comparing you to a dog nor can I swear this stuff is a miracle but it may be something you want to consider. Whether you do or not however, you are certainly welcome.

chattels: Referendum will not define Kurdistan’s borders: PM Barzani By Rudaw

http://www.rudaw.net/english/kurdistan/1809201711

chattels: Asked about President Masoud Barzani’s statement that Kurds were “prepared to draw their own borders” if Baghdad refused to accept the referendum result, the prime minister stipulated that, “The referendum will not define the boundaries of the Kurdistan region.” “This can only be achieved through serious dialogue with Baghdad,” he added.

chattels: Abadi and Erdogan voice opposition to Kurdistan’s referendum in phone call By Rudaw

http://www.rudaw.net/english/kurdistan/190920172

chattels: President of the Kurdistan Region Masoud Barzani has asked why all of a sudden Iraq’s neighbors are so concerned with the country. “[The] one thing that is surprising to me is: I wish I knew since when have you become so worried about the territorial integrity of Iraq, the sovereignty of Iraq, and the constitution of Iraq?"

Barzani asked rhetorically on Saturday while addressing a large independence rally. "This is important to me since these days these [things] have become important to our neighbors,” he added.

chattels: Remember October, 2016 ? Turkey and Iraq were not so sympatico.

chattels: Iraqi Parliament Considers Presence of Turkish Forces in Bashiqa an ‘Invasion’

https://english.aawsat.com/hamzamustafa/news-middle-east/iraqi-parliament-considers-presence-turkish-forces-bashiqa-invasion

chattels: Will Turkey, Iraq open new chapter in ties? Semih Idiz January 10, 2017

Read more:
http://www.al-monitor.com/pulse/originals/2017/01/turkey-iraq-turkish-premier-visits-baghdad-to-reset-ties.html#ixzz4t7GFrVSf

chattels: Obviously, it is " complicated ", but the biggest complication may be the lack of integrity in the players.

chattels: The attempted coup and assassination of Erdogan in July may have been " life changing " also.

chattels: Six (6) days until the scheduled referendum. Will it happen ? Tune in tomorrow and in the " coming days ".

[pm]Doug_W: lol

Romello: Oil Minister: We are ready to dialogue with Kurdistan to settle the oil files Tuesday 19 September Alsumaria News / Baghdad Oil

Minister Jabbar al-Allaibi, on Tuesday, the readiness of the central government for dialogue with the Kurdistan region for the purpose of "settlement of oil files Al-Allaibi said in a statement to the channel "cnbc Arab", followed by Alsumaria News, Baghdad is ready to dialogue with Kurdistan to resolve the oil files," noting that "Iraq needs a barrel price between 55 - 60 dollars to be a better financial situation

The growth of global oil demand from current 1.3% to 4% after 2019," predicted Allaibi The *origin of the renewed old dispute between the governments of Baghdad and Erbil to the oil contracts concluded by the province, which Baghdad considers illegal, while the region says it is based on the Iraqi constitution and bilateral agreements with the federal government.

http://www.alsumaria.tv/news/216159/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%85%D8%B3%D8%AA%D8%B9%D8%AF%D9%88%D9%86-%D9%84%D9%
​DinarResearcher: Parliamentary Economy: The 2018 budget will include the recommendations of the International Monetary Fund

DinarResearcher: 19/09/2017

DinarResearcher: The Committee on Economy and Investment Parliamentary, the budget law next year will include the recommendations of the International Fund on economic reform in Iraq, noting that it is currently in preparation.

DinarResearcher: "Iraq borrowed from the International Monetary Fund and the World Bank amounts of up to 5 billion dollars and the Fund announced a project to reform the economic situation in Iraq by raising the size of the investment budget on the operation," said Najiba Najib, a member of the committee, , Indicating that "the recommendations made by the Fund will be included in the draft budget."

DinarResearcher: "The budget is still in the process of preparation and will be submitted to the Council of Ministers for a vote and submitted to the House of Representatives for approval."

DinarResearcher: http://economy-news.net/content.php?id=9051

BLC CHAT UPDATE, 19 SEPT

Post From BondLadys Corner
BLC News Highlights & Comments 9-18-17
(Comments Also From Shredd)


Shredd:  I also like the point that the existing system is incompatible with the stage they are CURRENTLY at! Not the stage they want to get to, the stage they are CURRENTLY at!

So, they are ready NOW to transition to a market economy.    Awesome article! 

Tlm724:  The central calls for new controls for the retail payment system


17/9/2017 12:00 am   Confirmed the possibility of expanding electronic payment activities
Baghdad / Mustafa Hashemi  

The Central Bank called on mobile phone companies to adopt the new regulations issued by them to work in accordance with the developments of the work of the retail payment system.

The Central Bank announced the modernization of the rules of participation in the infrastructure of the retail payment system, stressing the need to adopt and work under it, at a time when he stressed the possibility of expanding the work of banks and financial transfer companies and mobile phone companies and the practice of any electronic payment activities in the event they wish to operate electronic payment system of funds No. 2 For the year 2014.
 ...
The importance of the work of this system said economic researcher Lubna Al-Shammari: The Bank's call for banks and companies to work with updates of the new system and infrastructure comes through the pursuit of the development of the system of public payments in Iraq through the adoption of modern technology Which ensures that the service is delivered quickly and qualitatively far from the complexity of routine.

Al-Shammari told al-Sabah that the central bank was keen to implement plans aimed at facilitating the transition to a market economy and liberating itself from the totalitarian regime, which has become totally incompatible with the requirements of the current stage.

She pointed out that the Central had earlier announced its readiness to develop banking work through the announcement of the draft national division and invite foreign companies for the purpose of contracting with them and agree on its implementation.

The academic economist d. Majid al-Baydani said earlier that "the work of advanced banking systems with the participation of mobile phone companies will allow citizens to transfer funds from their assets to any bank or branch or someone else, which saves time and cost and efforts as well as reduce the security risks of trading cash in large amounts When conducting business transactions.

The Central Bank called about two years ago, wishing to banks and companies that have licenses to expand the work of banks and financial transfer companies and mobile phone companies and the practice of any electronic payment activities in the event they want to operate the system of electronic payment services, stressing that they must submit formal requests to practice these Service is a requirement to comply with the requirements of the system and provide all documents.

As for the companies that do not have a license from the bank and want to work as an electronic payment service provider, a source at the bank explained at the time that it is necessary to obtain a license from the Directorate General of Banking and Credit Control of the Center and to comply with the requirements. Besides, the capital of the service provider is 10 billion dinars, 3 years after the issuance of instructions.

He pointed out that the fee of granting the license is 5 million dinars paid one time when granting the license, as well as providing a letter of guarantee of 15 percent of the capital is renewed annually, adjusted the ratio in light of the company's budget issued after the end of the fiscal year.

The source added that the applicant must pay the fees to study the application to participate in the retail payment project and the national division and the two million and 500 thousand dinars are not refundable.

http://www.alsabaah.iq/ArticleShow.aspx?ID=144333

tlm724:   Very Happy love it when they take control !!

Shredd:    Whoa whoa whoa..

...the central bank was keen to implement plans aimed at the transition to a market economy and liberating itself from the totalitarian regime, which has become totally incompatible with the requirements of the current stage.

If that's not what we're looking for, I don't know what is! The part we should be excited about is a market economy has a floating rate currency. This confirms the Central Bank's aim to transition to a market economy.

A market economy is an economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses. There is little government intervention or central planning.

I also like the point that the existing system is incompatible with the stage they are CURRENTLY at! Not the stage they want to get to, the stage they are CURRENTLY at!

So, they are ready NOW to transition to a market economy.    Awesome article!

tlm724:   Thank you so much Shredd !!! I have been watching over the last several weeks as the focus shifted from "security" to "economic " and it is very exciting indeed ! Here's a good one from today:

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

Tlm724:   IMF calls for the restructuring of the rational and Rafidain Bank   ​
Picture
 money and business   Economy News _ Baghdad

The International Monetary Fund (IMF) on Monday called on the Iraqi authorities to restructure the Rasheed and Rafidain banks and strengthen the legal framework of the central bank, calling for the cancellation of the remaining entry on the dinar exchange rate.

The Iraqi Business Council said in a press statement received by "The Economist News" that "the head of the mission of the International Monetary Fund in Iraq, Christian Joss, discussed in the Jordanian capital Amman with the delegation of members of the Iraqi Business Council the latest developments in the Convention on credit readiness with Iraq and the challenges facing the Iraqi private sector" .
​"The IMF urged the Iraqi authorities to take further measures to strengthen oversight and implement plans to restructure state-owned banks that control the banking system, including the Rashid and Rafidain banks, strengthen the legal framework of the Central Bank, and eliminate the remaining restriction on the exchange rate and the practice of multiple exchange rates , And the implementation of measures to combat money laundering and the financing of terrorism and fight corruption.

"The International Monetary Fund stressed the importance of implementing structural reforms to improve the investment climate and diversify the economy to encourage private sector activity and improve the business environment," the statement quoted Jos as saying.

"Integrity in Iraq does not need new laws, but rather to implement existing laws strictly to combat corruption. The international community should help Iraq in this regard," he said.

Views 34   Date Added 18/09/2017
http://economy-news.net/content.php?id=9046

Shredd:   Yes! Eliminate the remaining restriction on the exchange rate!   Outstanding!

RCS1947:   Very Happy Very Happy Very Happy

brown sugar:   Wow !!! This is getting gooooooood

Restored Republic via a GCR Update as of Sept. 19 2017

Compiled 12:50 pm EDT 19 Sept. 2017 by Judy Byington

A. Sept. 18 2017 11:51 pm EDT Tilton, Tank: Philip Tilton's CC Intel Highlights from Tank 9-17-17

1. Tank: Any second for release.

2. Tilton: Release Sunday or Monday Sept. 24, 25.

3. The ACH went live Wed. Sept. 20 - had to have it to go for instant transfers. Same day ACH went live and at 2:00 in the morning, approval was given to Ginger.

4. Tank: Philippines have said their sovereign bank is open to exchange fiat money for gold back currency and that is the RV announcement.
....
5. Iraq $3.72 - included in SDR.

6. Phil said they have 72 hours

7. Told gold will go down to about $450. So purchase assets like properties and homes as those are assets in the future.

8. The Global Lateral Accounts belong to you. I choose not to leave my money at the Federal reserve bank. If you don't want to access your account because of the currency exchange then that is your choice.

9. Ginger: Apparently the IRS has closed the way we know it. They were giving out employees letters of termination and two weeks notice.

10. Tank: Everybody should wait. We are the one's keeping the pressure on them. We are going to keep talking about this

11. The Federal Reserve will not function as we know it. There has been a changeover. The Republic has taken the Cabal out of power and replaced everything.

12. Becky: We are in the final two weeks before NESARA/GESARA takes place.

13. Your legacy accounts have been moved from the Federal Reserve accounts.

14. Tank: She is correct. Until I see the Republic stand up and tell me they have control. Once we see those changes then I will come back and give that out. Go to the IRS site and see some changes.

15. The IRS is downsizing because the devil taxation will be eliminated. There will be taxes on new houses and cars. A smaller tax.

16. Oct 1 is 2 weeks away. All debt is supposed to be eliminated.

17. B: the USN is here but we haven't had an official announcement

18. Oct 1 is the beginning of the fiscal year. The $$$$ is changing over as we speak.

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

B. Sept. 18 2017 3:18 am EDT T4 Exchanges, Restive Sage: "T4 Exchanges and T5 Moving to a Forex Conversion Rate" by Restive Sage - 9.18.17

1. Nothing is ever actually "lopped" in currency trades. The position of the decimal point changes based on the conversion rate.

2. Tier 1 and 2 are largely unidentified, Tier 3 is groups, Tier 4 is the internet group, us, while Tier 5 is everyone else.

3. Most currencies of the world are traded and are convertible. The exchange in such a process is known as Forex. To get a quote on the exchange rate for major currencies just look it up on the internet at www.xe.com/currency or go to a bank or airport.

4. Due to wars, civil instability or a lack of acceptance, some currencies are not traded internationally at this time. Some banks obviously have a front screen for most currencies they will exchange, and are said to have a back screen for a few "hidden" currencies.

5. T4 and T5 conversion rates will more than likely be very very different.

6. The currency revaluations which have the highest re-monetization value in the GCR are the 5-6 standout countries having very high total in-ground assets relative to their size of population, including Iraq and Zimbabwe.

7. The new financial system is designed to force fiat money out of circulation. On a world-wide basis, there will be progress to a more balanced and broad-based economic system. Over time, more and more of the more stable currencies, well backed by gold and asset strength will have a place in the expanded SDR system. This will see the SDR basket go well beyond those limited few currencies included today.

8. The ZIM initial bid-ask for T4 is very high because of the arbitrage potential for HSBC and other major banks. They can actually gain leverage by taking the vast majority of the trillion notes off the market for later use.

9. Once T4 is concluded, I believe they will issue dead-line turn in dates for T5 at much lower bid-ask rates until virtually no trillion notes are outstanding.

10. For T4 people, the Zim will exchange at somewhere between a dollar-to-dollar or 1.0-to-1.0 ratio, up to say 3.3-to-1.0 based on the face amount of the Zim note.

11. The upper range limit of the Zim appears to be subject to slight but quite meaningful changes, say to 3.4 or 3.6. If one presents a well-thought-out and viable project of large scope and benefit to the world, a higher rate may be granted.

12. A T4 person holding a 100 trillion Zim note (the largest single Zim note available) would exchange at between $100,000,000,000,000 and $330,000,000,000,000 in U.S dollars (hopefully new USN) ie gold and asset-backed in the new system.

13. Why is the ZIM exchange so high? The GCR will not work without Zim holders and the Elders know it. Part of the reason the old system failed, is that the ability of money to proliferate becomes smaller and smaller by degrees when the system gets bogged down in mountains of debt. It is to Tier 4 that the Elders have turned and given the task of providing the largest and quickest level of mercy to the PEOPLE of the world. Everything else is in support of us, actually.

14. The implications are that T1 exchanges will end the national debt of most countries and buy-off the sovereign nobility whose support was required. The end of national debts will lead to lower taxes. T1 is all a necessary thing but its up-side functioning will take many years to manifest mercy.

15. The T2 exchanges will insure that major institutions of the current system ie smaller bank systems, insurance companies, corporations, wealthy families, military, etc. (many of which are ex-cabal) are well capitalized and do not fail in the GCR transition period. This money will simply be hoarded, as ever, to only be used in traditional pathways of industry and capitalization. Way too slow. Years and years.

16. T3 is just a few large groups of people that have a pre-negotiated rate. Limited impact. These 3 tiers now have SKRs we hear, but are not yet liquid.

17. All of these tiers acted as early test exchanges, a prudent part of something this large.

18. The GCR is designed to be seamless. They want minimal distortions of the existing system and this is more important to the Elders than public punishment, retribution and a break-down of things people are used to.

19. The one change everyone will see quickly is that the debts of the people will disappear like crazy all over the world. Mortgages, car loans, student loans, personal debts, IRS tax debts, SBA loans, credit card balances will be easily paid off by the T4 group as well as our close family, extended family, friends, co-workers, churches and random recipients.

20. The high T4 rate will only be reserved for 3 to 7 days. After it ends, the special exchange centers will be closed and the exchange rate will move much, much lower, virtually overnight.

21. Currency holders in T5: those not paying attention, people who were gifted, etc. I would say that these people will exchange at banks for the most part, with meetings set up in a private conference room, by appointment. No doubt one or two specially trained staff, a guard and one or two of the bank's wealth management people will be there.

22. Ultimately exchanges will be made at the international rate, though no one is sure of how many days is required for this transition. The T5 group will receive a special bid/ask rate established by the banks for a short while. After another while the conversion will presumably move to an international Forex rate.

23. The USD rate (old/current rate) and the USN (new rate) may not compare. That is to say: the conversion rate may change quite a bit in the new gold-backed system. It may be wise to exchange within the T4 window.

C. Sept. 18 2017 1:03 pm EDT GCR Intel Situation Report: "Wake Up!" - GCR/RV Intel SITREP - Monday - September 18, 2017

1. Hurricane Jose was near NYC at the exact same time the UN General Assembly was meeting.

2. This was the same UN that was moving to Beijing soon - as would the role of the Bank of International Settlements in Basel, Switzerland move to the PROC Central Bank; as would the Federal Reserve & Internal Revenue Service move to the US Treasury; as would the World Bank and International Monetary Fund move to the AIIB.

3. When do you think HSBC would overtake all BofA branches? GM was already majority owned by China. So was the White House and Congress. Soon these "institutions" would shift headquarters from East to West, if they hadn't done so already.

4. This was part of the transition we discussed at length that included your monetary transaction.

5. There was no nuclear threat in North Korea. China and Russia handled that over a decade ago. What you're seeing now was the United States and Europe putting pressure on China for trade easements.Everything you're seeing on TV about immediate danger was a bold faced lie.

D. Sept. 18 2017 5:40 pm EDT GCR Intel Situation Report: "Collateral Damage" - GCR/RV Intel SITREP - Monday - September 18, 2017

KTFA UPDATE, 19 SEPT

KTFA:

Walkingstick:  Barzani: If there is an alternative to the referendum, we will hold celebrations on September 25    http://baghdad24.news/content.php?id=857

Will:  LOL, this has an awesome ring to it doesn't it.

Greenclan:  wow.   Its rather obvious to ME now that Barzani is using the vote to PUSH Abadi-CBI-USA-UK-Others to get a move on with the promised reforms (rv) and stop the delays.    All by the 25th ????   We shall see.....IMO.

GodsGirl:  I recall Frank saying over a month ago to watch from 9/25 - 9/30 for our studies...hmmm. Great call Frank!!!! as usual

Millie:  OMG...WOW.....WHAT IS THE CELEBRATION FOR??

Frank26:  WHAT THE FRANK ??? !!!
....
I mean ............. For some reason or another ............. This article is hitting me HARD !!! !!! !!!

The ONLY alternative for the referendum is .......... NOT TO DO IT AS DEMANDED BY THE WORLD.

And the statement of a CELEBRATION by Barzani is illogical if the referendum is defeated......... For there is nothing victorious about it being removed for those demanding separation. 

THEN ................ There is the flavor of our last TIME FRAME STUDY which is .......... SEPTEMBER 25th to the 30th.

And IF all goes well with a SPEECH by A on Thursday ................. Then there is logic in a CELEBRATION in all of Iraq.

There is a strong taste to this Nector .......... This Ambrosia of our STUDY.

I am Captivated by this Article. 

Cole:  Is it illogical to think that the televised broadcast on that huge screen in Baghdad will...trigger... a rejoicing and celebration in the citizens? Maybe they'll be silent till the 25th... maybe they will make it a holiday. Aloha Frank

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

Frank26:  Hmmm ................... My My My ........... Well Alright Alright then .............. Lift The Exchange Restrictions of The New Convertible Currency of Iraq.......... Says ......... DEMANDS The IMF !!! 

And You Parliment the most stubborn and wasteful part of the Iraqi Government are NOW are willing to comply ???    Fascinating ................ Indeed............

Samson:  Parliamentary Economy: The 2018 budget will include the recommendations of the International Monetary Fund

 19th September, 2017

The Committee on Economy and Investment parliamentary, the budget law next year will include the recommendations of the International Fund on economic reform in Iraq, noting that it is currently in preparation .

"Iraq borrowed from the International Monetary Fund and the World Bank amounts of up to 5 billion dollars and the Fund announced a project to reform the economic situation in Iraq by raising the size of the investment budget on the operation," said Najiba Najib, a member of the committee, , Indicating that "the recommendations made by the Fund will be included in the draft budget . "
....
"The budget is still in the process of preparation and will be submitted to the Council of Ministers for a vote and submitted to the House of Representatives for approval

http://economy-news.net/content.php?id=9051

Will:  INDEED! Come on fellas, pull the trigger!
Doc.K:   Islamic New Year 2017 in Iraq will begin in the evening of Thursday,   September 21.    and ends in the evening of Friday,         September 22

Samson:   New schedule for the distribution of salaries of employees of Kurdistan

2017/9/19 16:10

The Ministry of Finance and Economy in the Kurdistan Regional Government, on Tuesday, a new schedule for the distribution of salaries of employees of several ministries and institutions for the month of July.

The ministry said in a press statement that "Thursday, 21-9-2017, the distribution of salaries of martyrs and Anfal people, political prisoners and the Ministry of Martyrs and Anfal and the Ministry of Finance and Economy and salaries for the month of July for members of the Ministry of Interior, although Thursday is an official holiday." The statement said that "will be on Sunday, 24-9-2017, the distribution of salaries of employees of the Ministries of Education and Health."

http://alforatnews.com/modules/news/article.php?storyid=150230

BLUWOLF TIDBIT, 19 SEPT


TMAN23 & BREITLING UPDATES, 9 SEPT

TMAN23: ...[Guru] Kaperoni may be right in they will float the IQD...BUT it will not float with the notes carrying 3 zeros... NEVER EVER NEVER!  What we are looking for is money moving on market openings 10/8 after 5 pm and transfers etc...  Not to get into all the specifics...We just hope 3 zero notes are in play and the government needs us a mules to house accounts with cash at banks...

BREITLING

Over the past year of posting about the dinar I have found that one of the best ways to learn about it is to fact check what the gurus are saying.  Nobody puts more "information" and analysis out there than Tony "Breitling", so naturally I have listened to him quite a bit.  In fact I've created a separate blog just to address some of the things he's said lately.  It's called http://thebreitlingwatch.blogspot.com/and there's a permanent link under Related Sites.

This will be my last post on Breitling unless he gets arrested or something equally newsworthy happens.  I had a lot of information left over from my previous Breitling research that I didn't know what to do with, so I decided to post assorted comments from The Tonester from 2009-2010.  For those of you who feel that I'm being cruel just remember how many people are being influenced to spend money they really can't afford on dinar, not just by Breitling but by all of these guys.  Think about the lives that have been ruined, marriages wrecked, homes foreclosed ..... even suicides.  (One guy wrote Breitling asking about when the RV would happen, saying that his house was about to be foreclosed.  B's response was "let 'em take the damn house!  You can buy another one after the RV!"  And people think I'm the douchebag?)  I have heard far too many of these stories and they're all a result of comments from people who either don't know what the flip they're talking about or are scamming people.


First of all I want to respond to a recent comment by Mr. B.  He was "debunking" my post on "http://dinardouchebags.blogspot.com/2012/09/shabibi-and-stability.html" when he cited an article from 2010 where Saleh from the CBI said:

"I've been working for years to improve the value of the Iraqi dinar exchange, and was taking several measures until we came to the stability of its value at 1170 dinars to the dollar."

Breitling presents this as proof that the CBI's policy is in fact to raise the value (meaning purchasing power) of the dinar, but this actually supports the contention that I've been making that every reference to raising the value is either talking about via redenomination or about raising the street value via the auctions.  Notice Saleh went on to talk about currency reform that will reduce the money supply from 25 trillion to 15 billion dinar, exchange rate stability, deleting three zeros, and issuing new currency to facilitate payments as http://www.youtube.com/watch?v=6jy0T9HVYFA.  This describes a redenomination or "lop" to a T.

"Reform Progress
He disclosed that the new strategy has begun the reform of management system of the national currency and payment system of Iraq, said that this will be the basis in the application of Istratejp to reform the currency. The Iraqi official was likely that these steps will take a year or more.

..........
.........

In 1990, the cash block of 28 billion dinars, and became a six trillion dinars in 2003, and now stands at 25 trillion dinars. He said that this has become necessary to change the payment system because of the Iraqi economy on the verge of developing and producing oil major which leads to a large expenditure.

According to the adviser at the CBI, the new strategy will transform the current monetary mass (25 trillion dinars) to $ 15 billion through the adoption of coins and the smaller Iraqi currency.
.............
..............

Relative stability
For his part, said a banking expert, Mohammed al-Samarrai said the Iraqi dinar is witnessing a relatively stable for the time being, and security conditions influenced the rise and a slight decrease is not as great as in the past............
...........

Surplus oil
The Iraqi banking expert Mohamed Kamel Hussein said that there was a perception among the Iraqi Central Bank to raise three zeroes from the value of the dinar, by issuing a new currency to improve its value.

However, he believed that the lifting of the three zeros will not change anything because the factors affecting the exchange of the dinar against foreign currency depends on the surplus that is supplied by oil revenues."
http://dinaroutcast.forumotion.com/t8204-an-iraqi-official-announced-the-adoption-of-a-new-strategy-intended-to-raise-the-value-of-the-iraqi-dinar-against-foreign-currencies


So B proved my point without realizing it.




Here's an oldie but a goodie.  Back when Breitling was still posting at Med's site Dinar Speculator he was asked about a recent bombing at the CBI.  


Breitling chat: Dinar Speculator 6/21/10 @ 6:30pm June 21, 2010

irishbrian says to (19:02:43):

B, if they drag out the forming of the Gov’t would the wiser heads in the IMF and CBI relaize that the people need something to calm them down and the revalue would at least help to do that. Also the bombings of both CBi and TBI by the insurgents was not a conicidence?

BREITLING says to (19:04:07):

THE BOMBING WERE BECAUSE THEY DID NOT RV

NOT TO STOP IT 

http://iraqidinarnews.net/blog/2010/06/22/breitling-chat-dinar-speculator-62110-630pm/



Yep.  According to the Tonester insurgents bombed the CBI because they didn't RV.  So imagine if you will a bunch of dirty, smelly, scruffy insurgents sitting around quoting the Koran, smoking cigarettes, and discussing the latest CBI financial statement.  

"Achmed, what is latest figure on foreign currency reserves?"  
"$43 billion"
"Still backing 100%?"
"Think so."
"Abdul, latest figures for M1 and M2?"
"25 trillion, 58 trillion"
"You believe them?
"Of course not.  Liars!"
"I agree ... Mustafa, latest GDP?"
"$105 billion, give or take."
"Opinions?"
" Still undervalued."
"Agreed.  We Bomb!"
"ALLAHU AKBAR!!!"


Even for Breitling this is stupid.  We're talkin' Okie Oilman stupid.  The CBI was bombed for the same reason every other target was - either sectarianism or resistance to the democratization of Iraq.


Before this fine piece of Iraqi news analysis came an impressive example of B's grasp of modern finance.

4/5/09

In Fractional reserve banking ( which CBI is using) you take $1000 down to the bank and deposit the funds. The bank in return can loan 10 X that amount in credit but it is all based on money's or currency that is not there. you people are simply not under standing how banks work or how they get wealth. so you get a annual report the bank is going to post the inflated credits as if they had real currency. Iraq does not have 35 trillion dinars in hard currency. they have 9 trillion end of story. If i go down to my local bank and i was the only customer and deposit $1000 the bank will report it has $9000 in value. ok they take that $9000 give out a $1000 loan they can add another $9000 to the value of the bank with one deposit and one loan they are at $19,000 in value. is this BS oh hell yeah. but this is how banks are ran and they can pump up the numbers like this as did CBI and every other bank that uses fractional reserve banking. please no more lectures on banking and M2 reports how it all works ,links with shoty definition. and i work part time as a plumber/ construction worker/ banking expert advice. again only place on the planet people are saying Iraq has 35 trillion hard currency is on IIF. so I know you guys are trolling over here. lets get back to the rumors. because as far as i am concerned any one's guess on dates, is as good as any one Else's guess, and plus it is fun. and yes you can float a false rate based on this information example UNITED STARES OF AMERICA. we do it and why should Iraq not do it they have the same system as we do. they same people who own the Federal reserve run the world bank, and the IMF, they own our currency and they own Iraq;s currency also, CAN YOU SAY SLAVES. they manipulate the world through banks. with value that does not really exist.

http://www.dinarrumor.com/showthread.php?1241-Activity-at-the-CBI-on-4-02-09&p=8208#post8208


I asked John Jagerson about the fractional reserve cash-in theory.  He said that right now we only have about $2 trillion USD in circulation.  If investors suddenly cashed in $2 trillion via fractional reserve banking it would double the dollars in circulation virtually overnight which of course would lead to a considerable devaluation if not a crash of the dollar.  

B then says that there was only 9 trillion dinar in circulation in 2009 .... "end of story".  But the CBI website financial statement indicates that there were 21 trillion dinar outside of banks and 45 trillion in the M2 in 2009.  So I guess there was more to the story, huh?  

http://www.cbi.iq/documents/key%20financial.xls


And finally, no Iraq doesn't have the same system that the US does, not when it comes to their currency.  The USD is a free floating currency that is recognized as a world reserve currency.  The IQD is a pegged currency of a country that inspires so little confidence that they're backing it 100% with their foreign currency reserves and they still have trouble maintaining the official value on the streets of Iraq.



In February of 2010 B said that the RV was in the budget.  I don't know how many times I've heard that over the past couple of years but I'm convinced that this started on Med's site and B was repeating what he heard.

February 3, 2010

THE RV IS ALREADY IN THE BUDGET
I KEEP GETTING IM’S PEOPLE IN PANIC
AKING IF WHAT EVER NEWS COMING OUT IS BAD
JUST REMEMBER THE RV IS IN THE BUDGET
http://dinarded.wordpress.com/2010/02/03/breitling-chat-02-03-2010/


Well, apparently the RV wasn't in the budget, huh?


A few weeks later B says that the Iraqis' pay was cut so that must mean that the dinar will be worth more.  


February 20, 2010

IRAQ IS RUNNING ON 20% OF BUDGET LEFT OVER FROM LAST YEAR
THE NEW BUDGET WILL START SOON
MARCH 1ST
WE ALSO ARE GETTING NEWS OF FUNDS BEING PAIED IN LESS DINAR
BUT WILL SAME VALUE
SO THE END OF THE BUDGET AND THE NEW PAYMENT SCALE ARE ALL IN PLACE
BEFORE ELECTIONS
WHEN THIS YEARS BUDGET STARTS IT VERY WEL CAN HAVE THE NEW RAte in it
SO WE HAVE TO BE SO CLOSE
PEOPLE IN IRAQ ARE GETTING LESS DINAR FOR WORK
BUT THE VALUE IS THE SAME
SO THIS WILL GIVE US A RV
MEANS THE DINAR IS WORHT MORE COOL

http://dinarvets.com/forums/index.php?/topic/8976-breitling-chat-ds-22010-1249am/


So I guess these poor Iraqi shmucks have been working for reduced pay for two and a half years now waiting for the RV.  Boy would that suck!



In March 2010 B did a Q & A session at Dinar Daddy.  He was known at the time as one of the main pundits at Med's site Dinar Veterans which became Dinar Speculator.

March 9, 2010

Annonymous Question:
Please dont take this the wrong way. What are your “credentials” and what resources do you have to make you a person of interest concerning this investment. In other words, why should we listen to you? I apologize if this sounds blunt, but I dont know much about you and you are involved with a very controversial person. DD has created a great site. All info, he doesnt give his opinion. Everyones opinion over the last 5 years have unfortunately been wrong. I really dont want to hear opinions anymore. Just facts. According to DD, you fall in that catagory. Thanks you and I appreciate your time and effort. Please

Breitling Answer:
This is a fair question and I appreciate that as a investor I am just that nothing more. In my personal life I own a software company. I never asked anyone to listen to me. I have talked on our private site and some of it has leaked out.  And I have been approached ever since our bread and butter is watching the IMF CBI and GOI. We have not stopped looking at this investment from that perspective. As far as information being wrong I would not know about that I watch what has been done and look for windows, not a hard job really. 

Here B only mentions that he owns a software company.  No mention of him being a bank owner, a political consultant, a real estate consultant, a professional investor, a manufacturer .... etc.  All claims he has made over the past year or so.  (I documented this in The Breitling Catalog.)  This doesn't prove anything really, but I do find it interesting.  He had a perfect opportunity to give them the whole Breitling resume and all he mentions is the software company.  



UJGWBW Question:
Breitling, First of all thank you for taking the time to answer our questions. It is greatly appreciated. I know that everyone is very optimistic that we are all going to make a huge amount off of this investment, but what in your opinion are the odds that we make as much as everyone is thinking? From reading Pacster’s info on here he believes we will make about 6 times our money which is a great return, but everyone else tends to believe we will make 1000 times our return.I know that in any investment there is a chance that we could lose money, so what in your opinion are the odds we lose money on this investment? Finally if it does not happen by the elections when do you think the RV will take place? Again thank you for answering our questions.

Breitling Answers:
I don’t know who pacster is and I don’t know where he gets his numbers and I don’t worry about other people posts I don’t ask them for there opinions not interested. I have people who do math all day on this and none of them can agree so I stay away from the rates. Best guess I will go with the Dubai boy’s $1.49 remember best guess only. I really don’t get to much into finding the rate to be honest I just look for the date I spent all I can on this investment no matter what the rate is going to be. so knowing the rate will not help me or do anything for me.  As far as chances of investment not panning out it depends on how you look at it. You know the Dinar is going to go up I mean you have to be a idiot to no think the Dinar is not going to go up, look at all the countries around Iraq and the rate of the currency. Iraq has a ton of recourses. Way more then all in that region So how can the rate not go up ? I mean you have to be blind IMOP not to see it. And, if you think Iraq is going to be below a 1 USD after looking at all those other countries and they don’t want Iraq coming in to low because or labor and export rates. Then I don’t know what to tell ya. So I think your safe and I wish you well with this investment. If it does not next window is when the new budget hits and the new rate may be attached to it. March 15th I think
Well in the two and a half years since he said this the dinar has gone up 1/3 of 1%.  No, it doesn't have to go up.  It obviously doesn't have to do anything.  It could very well stay about where it is for years.

  

CWO4USMC Question:
Breitling, I’m very tired of seeing the dead LOP horse being beaten. That horse is dead IMO but it just won’t go away.. I have a question that I have not seen anyone ask before. IF a LOP happened I.E. the removing/raising of the 000’s will take away the bills with ,000 printed on them. 25,000 10,000 ……. 1,000 will be taken out of circulation, how does this or should I say how “Can” this apply to a bank account with no paper money?

Breitling Answer:
The only people on the planet that talk about LOPS are from one forum and the misunderstanding have been carried to other forums Iraq under any law are in no condition to LOP they could not even if they wanted to they have one of the lowest inflation rates in the world, and LOPS only apply to countries with high inflation 50% and above. This started when WARKA was trying to scare people into buying stock and for the longest time it worked. You don’t need to worry about the LOP. I don’t care how you read the articles Iraq wants the big notes off the market. And the three zeros of the
rate that’s two dif things. 

Here you have the blind answering the blind.  The question comes from a guy who thinks that "deleting three zeros" means they will remove the notes with three zeros from circulation.  As I have posted before "deleting zeros" means redenomination (lop) and in a redenomination all denominations are demonetized.  And of course electronic currency is adjusted to reflect the rate of the new currency.

B says that the only people on earth who talk about the lop are the confused members and former members of "one forum" which I believe is a reference to IIF (Investors Iraq Forum).  I guess he forgot about Shabibi.  He said when he was in DC last year that deleting the zeros is being done simply to facilitate payments.  That's what a lop does.  He has also stated that he was studying the redenomination of Turkey, which was a lop.  By the way, Turkey's inflation rate was under 10% when they lopped in 2005.  And if Iraq wants the big notes off the market they've got a strange way of doing it.  The money supply is going up, not down.  How do you increase the money supply while removing the 000 notes from circulation and without raising the value of the dinar?



Gloria Roop Question:
Do you believe that the dinar’s value will increase to its former value in the future? If we all cash some dinar at the opening rv, is it wise to hold on to some and wait out the increase? I truly believe that in the future ( five years or so) that the Iraqi dinar will be the most valuable money in the world. Thank you all so very much for being there for all of us. Your expertise is so very appreciated.

Breitling Answer:
I am right there with you but the way I look at it with the investments I have planned I can make $5 per Dinar on investing it on other projects with in the 5 year mark, so for me it is a big risk, you may be in a dif spot then me so it depends on how you look at it, I also am in the opinion that they will have the number one rated currency on the planet in the 5-10 year range. I wish you and your family well.

That was two and a half years ago so that 5-10 year range is now 2.5-7.5 years.  So far it's gone up 1/3 of 1%.  That means it's increasing in value at a rate of 1% every 7.5 years.  At that rate it will take 750 years to go up 100%.  7,500 years to go up 1,000%.  75,000 years to go up 10,000%.  750,000 years to go up 100,000%.  That means it will take over 3 million years to become the world's most valuable currency.  So according to my math B is off by 3 million years, give or take.  


Sharon Dryden Question:
Again and Again I ask myself, “Why aren’t the Americans living in Iraq and or the nationals” within their own country speaking to each other and their neighbors, and people they would know in other parts of the world about the revalue of the currency and when this event will transpire???!!! Hmmmmm. Thanks, Coloradopinecrone

Breitling Answer:
Maybe this will help you , why did the people in India not buy the currency before the RV. Why did the Chinese not buy into that currency before the RV yet they RV’ed so did India? Why did’nt any one in the eastern block countries buy the new currency before it RVed ? Yet all this countries Rv’ed. kind of makes you go hmmmmmmmmmmm maybe the thought this investment was to good to be true? Like all the other countries that rved from 1955 on up? do your homework. One thing I learned in this life is you cant talk the avg human being out of being poor because it is all just to good to be true, or everyone would be doing it. Keep telling yourself that , just more pie for me.


As I pointed out in The Breitling Catalog the revaluations in India and Canada were each less than 30%.  If you had bought $10,000 worth of either one at precisely the right time your profit would have been between $2500 and $3,000.  A nice profit but "too good to be true"?  Hardly.  Now, if you own $10,000 worth of IQD and it goes from $.00086 to $.86 your profit would be almost $10 million, and THAT IS too good to be true!




March 23, 2010, 2:06 AM

JUST SO YOU GUYS KNOW IRAQ HAS DONE EVERYTHING THE UN AND THE IMF HAVE ASKED
SO WE ARE NOT FAR AWAY
WE ARE CLOSER THEN YOU THINK
........
IRAQ IS HITTING IN ALL CYLANDERS
IT WILL RV
DONT WORRY ABOUT IT
PHmichael says to (18:56:54):
breit ,,,will the imf implement rv if it continues to evade iraqi implementation
PH YES THEY WILL
AND IN THE PAST 50 YEARS THEY HAVE DONE SO
AND WHAT WAS IT THEY GAVE THEM THE POWER TO DO SO
.....
IT WAS THE LOANS THAT GAVE THEM THE POWER
JUST REMEMBER THIS IS CLOSER THEN YOU THINK

http://dinardaddy.wordpress.com/2010/03/23/breitling-chat-dinar-speculator-32210/

 
Well unless they were all thinking that it would be another 3 years I'd say it wasn't closer than they thought.   Even with the IMF loan it hasn't happened yet.  




3/19/10

IT IS VERY HARD FOR SOMEONE TO JUST UNDERSTAND ALL THATS GOING ON
TOOK ME A YEAR + TO GET IT DOWN
.....
THE IMF LOAN FOR 3 BILLION THAT WAS BUILT INTO THE BUDGET IS ALL WE NEEDED
......
AND LOOK AT PAST MODELS THE IMF HAS USED , AND LOOK AT WHAT THEY DID
THIS IS ALL PAR FOR THE IMF AND MOVING A CURRENCY UP AND INTO A TRADABLE STAGE
THEY HAVE DONE THIS MANY TIMES SINCE THE 50'S
SO THEY KNOW WHAT NEEDS TO BE DONE AND WHAT CAN BE DONE
NOTHING NEW GOING ON HERE
THE NEW CURRENCY WAS PLANNED BEFORE WE INVADED IRAQ
MEANDS WE HAD A PLAN TO PAY OURSELVES BACK FOR THE COST OF THE WAR
BEFORE THE WAR EVEN STARTED

http://dinarvets.com/forums/index.php?/topic/12478-breitling-chat-3-19-2010-948am/


B says that it took him a year to get this dinar thing down.  Well if you buy the idea that electronic currency can protect you in the event of a lop, or that it's possible to raise the value of a currency by 100,000%, or that you can reduce the money supply by 99% without a lop, or that you have to have 50% inflation to lop, or that Bush said the war would pay for itself, or that deleting the zeros means removing the larger notes from circulation .... then yeah, I guess B's got it down.  

B says that the IMF has raised the value of currencies several times since the 50s.  I'm still looking for documentation of this, but based on what I've seen so far I don't anticipate anybody producing it.  What I have found is a document from the Congressional Research Service that says:

The International Monetary Fund (IMF) and World Trade Organization (WTO) approach the issue of “currency manipulation” differently. The IMF Articles of Agreement prohibit countries from manipulating their currency for the purpose of gaining unfair trade advantage, but the IMF cannot force a country to change its exchange rate policies. The WTO has rules against subsidies, but these are very narrow and specific and do not seem to encompass currency manipulation. Several
options might be considered for addressing this matter in the future, if policymakers deem this a wise course of action. To date, while the issue remains a topic of concern, governments have not
taken action to address the different ways the IMF and WTO address this topic
The IMF can exercise “firm surveillance” but it cannot compel a country to change its exchange rate. Nor can it order commercial foreign exchange dealers to change the prices at which they
trade currencies. It can offer economic advice and discuss how changes in countries’ exchange rates might be in their own interest. It can also provide a forum, such as its new multilateral
consultation mechanism or discussion on the IMF executive board, where other countries can urge a country to change its exchange rate procedures. However, in the end, the authority to make the change resides with the country alone.

http://www.fas.org/sgp/crs/misc/RS22658.pdf



As for the plan to pay ourselves back before the war started, that's pumper BS.  Nothing about that war was planned very well beyond the overthrow of Saddam.  Remember, Donald Rumsfeld estimated that the war would last less than six months.  If there was a plan to cover the cost of the war that was obliterated by the ensuing insurgency that dragged the war on for eight years and escalated the cost to upwards of a trillion dollars.

In March of 2010 Breitling gave a pep talk to some downcast investors.


4-5-10

NOTHING TO WORRY ABOUT GUYS
JUST SIT BACK AND RELAX
I THINK WE WERE SUPPOSED TO HAVE IT ALREADY
MID MARCH
lawlesslucy: u mean april?
NO MID MARCH
WAS SUPOSED TO BE DONE WITH ALL THIS
JUST DELAYS
THEY CANT AVOID IT FOREVER
ALL THE CHIPS ARE ON OUR SIDE
JUST POLITICS AND LEGAS ISSUES
mrdinar: b – is every day a possibility from now on?
NO WHEN THE SEAT THE PM IS WHEN THEY WILL HAVE HAND ON THE SWITCH
WHEN YOU SEE WHO IS SEATED
lawlesslucy: when do u thikn they wills eat the PM?
MAYBE THIS WEEK SOMETIME
BUT BE HONEST I DONT KNOW
I HAVE ASKED ABOUT LEGAL DEADLINES AND I GOT LIKE 15 ANSWERS
AND ALL WERE PLAUSIBLE
SO WE WAIT ………………………
BUT
WE ARE SO GOLDEN
JUST RELAX AND HAVE FUN OK
YOU DONT RELIZE THIS BUT YOUR PRAYERS HAVE ALREADY BEEN ANSWERED

http://dinarvets.com/forums/index.php?/topic/14580-breitling-chat-4510/


Maybe God's answer was "NO."
  
A month later:

4/7/10 

Breitling says to : THE ARTICLES THAT ARE COING OUT ABOUT IT MAY TAKE 5 MONTHS TO FIX THIS ELECTION
Breitling says to : YOU HAVE TO READ INTO THEM CORRECTLY
Breitling says to : YOU GUYS EVER WATCH THE NEWS HERE IN THE STATES
Breitling says to : AND YOU HAVE A BUNCH OF PEOPLE DROPPING OPINIONS LIKE NOTHING
Breitling says to : THATS WHAT IS HAPPENING
Breitling says to : THOSE ARTICLES ARE NOT OFFICIAL
Breitling says to : THE ARE WAY OVER STATED
Breitling says to : FOR POLITICAL REASONS
Breitling says to : IT AINT GOING TO TAKE 5 MONTHS FOR THEM TO HASH OUT A GOV
Breitling says to : THE LAWS ARE CLEAR AS A BELL
Breitling says to : AND THE UN AND THE USA WILL FORCE THEM TO FOLLOW TO THE END
Breitling says to : SO DONT WORRY ABOUT THAT OK
Breitling says to : THE BOMBINGS
Breitling says to : WE HAVE MORE MURDERS HERE IN THE STATES THEN THEY HAVE BOMBINGS
Breitling says to : SO EVEN AFTER IT RV;S THEY ARE GOING TO BOMB SOMEONE
Breitling says to : THAT WILL NOT FORCE ARE GET US ANY CLOSER TO RV
Breitling says to : IT IS THE SAME AS IT WAS LAST YEAR WHEN IRAQ ASKED THE IMF IF THEY WILL HELP THEM GET THE CURRENCY BACK ONTO THE OPEN MARKET
Breitling says to : IMF GAVE THEM STIPS
Breitling says to : AND THEY HAVE BEEN WORKING ON THAT EVER SINCE
Breitling says to : THEY HAVE DONE EVERY ONE
Breitling says to : EXCEPT ONE
Breitling says to : ANY ONE?
Breitling says to : KNOW WHAT THAT IS
dinarfrank says to : RV
Breitling says to : CORRECT
Breitling says to : SO WE ARE NOT FAR AWAY FROM ANYTHING
Breitling says to : IT IS CLOSE
Breitling says to : AND WE ARE ON TOP OF IT
Breitling says to : ALL THE REST IS SIDE SHOW ANTICS
Breitling says to : MEANS ZERO

http://dinarvets.com/forums/index.php?/topic/14858-breitling-chat-4-7-10-early-morning/


It was in fact another 6 months before the election was resolved and another 8 months before Maliki's government was approved by parliament.  As for his comments about murders in the US, the only country with a higher murder rate than Iraq is El Salvador.  As last week's bombings demonstrate Iraq is still a very dangerous place, and that discourages investment as anybody who understands economics and currency valuation realizes.




4/25/10

GUYS OUT OF ASIA ARE GOING CRAZY
THEY CANT EVEN GET VIETNAM CURRENCY OUT OF HONG KONG
HEAVY HITTERS ARE BUYING IT ALL UP
HEY I DID A INTERVIEW ON THE VEITNAM CURRENCY WITH DD
DID YOU GUYS SEE THAT
IT IS THE INTERVIEW I GAVE DD ABOUT THE DONG
I AM REALY THE ONLY ONE WITH INTEL ON IT
DONT KNOW HOW ALL OF A SUDDEN EVERY ONE NOW KNOWS PEOPLE FROM NAM
BETWEEN 1 -6
PROB ANYDAY
YOU GUYS HAVE TO UNDERSTAND
WE SHOULD BE IN POST RV MODE
IT SHOULD HAVE BEEN RIGHT AFTER THE ELECTIONS
BUT HERE WE ARE

http://dinarvets.com/forums/index.php?/topic/16964-breitling-chat-ds-4252010-1234-pm/


Yep, and here we still are.  As I pointed out in The Breitling Catalog the dong has steadily depreciated since then.  No RV.  I'm not sure but I believe this is where the hype about the dong originated, and since then it seems all the gurus have an opinion about it.  In my opinion it all started because some supplier was unable to deliver dong to his dealer client and somebody read RV into that.  You know how these things go.  Today currency dealers seem to have no shortage of VND.  




5/24/2010

I WAS TELLING THE DV FOLKS LAST NIGHT ABOUT SOME NEWS I GOT
what’s the news, B?
ANY WAYS SMALL REPORT
I HAVE HAD BUSINESS CONTACtS OUT OF DUBIA FOR 2 YEARS NOW
THIS GROUP I WAS WITH FRIDAY IS A DIF GROUP OUT OF DUBAI
THEY ARE FRENCH AND LIVE IN DUBAI
THEY WORK FOR YAMAHA
I INTODUCED THE DINAR TO THEM
ABOUT 4 MONTHS AGO
ANYWHO, THEY WHERE IN HAVASU FOR JETSKI TESTING AND THEY GAVE ME A REOPRT OUT OF DUBAI WHAT IS BEING SAID
AND ALL THE BANKING AND INVESTMENT CONTACTS IN DUBAI THAT THEY HAVE, ARE ALL KNOW THE DINAR
AND THEY ALL KNOW IT IS GOING UP SOON
THEY DON”T KNOW THE RATE OR ANYTHING
BUT THEY KNOW
AND IT IS A BIG DEAL
THEY BOUGHT MORE TODAY
THE CAT IS OUT OF THE BAG AS THEY SAY
AND THE BANKING COMMUNITY IN DUBAI IS ON IT
ANYWAYS
THAT’S ALL IT WAS
let’s hope maliki doesn’t kill the cat
I GOT PUMPED AFTER THEY TOLD ME THIS
NO HE WON’T
THE IMF HAS A RED LINE THEY WON’T GO BELOW
THEY WILL RV JUST TO GET THE FUNDS THEY GAVE BACK
SO AT A MINIMUM WE HAVE THAT
BUT HE CAN NOT MESS IT UP
ONLY DELAY IT
http://dinarvets.com/forums/index.php?/topic/19532-breitling-chat-24-may-2010/


So much for his contacts in Do Buy.  And what's up with that IMF thing?  Don't they want their money back?




5/20/10

THE RV IS ON THE TABLE AND ATTACHED TO THE ELECTIONS AND THE CHPATER 7
ONE WILL PROB BE ELIMINATED NEXT WEEK
DONT WORRY IT WILL WORK OUT
WE DONT EVEN NEED THEM TO RV
IF WE CAN JUST GET THE DINAR ON THE OPEN EXCHANGE IT WILL GO UP TO A BUCK OVER NIGHT


http://dinarvets.com/forums/index.php?/topic/19201-breitling-chat-dinar-speculator-52010-700pm/


A 100,000% increase overnight on the open exchange?  For those of you who don't know, a 2% increase in one day on forex is HUGE.




6/19/10

I JUST HAD A TALK WITH SOME OF MY GOOD FREINDS ABOUT THE DINAR
DONT WORRY YOU GUYS ARE ALL ALREADY RICH
THEY ARE HIDING THE TRUE VALUE
JUST THINK OF IT ON THOSE TERMS
ALSO WHY THEY HAVE NOT REALEASED THE TRUE VALUE YET
THE NEW GOVERNMENT WILL HAVE THE MANDATE TO SERVE THROUGH 2014
AND THAT IS WHY THE GAME IS SO BIG AND THE DELAYS MEAN SO MUCH
BUT THEY ARE PROGRESSING DONT THINK THEY ARE NOT
THE OUTCOME WILL BE PROB A THRRE WAY SPLIT AMONG THE KURDS , AND THE TWO TOP LARGEST BLOCS
THIS WAY THE POWER EVEN OUT
ALLOT OF HORSE TRADING GOING ON
THIS MAY SEEM CRAZY BUT THIS IS GOOD
NOT ONE PARTY IS GOING TO HAVE POWER OVER IRAQ
IT IS GOING TO BE A SPLIT
AND THAT IS GOING TO MAKE IT A BIT MORE STABLE
SO THE PROCESS TO GET THIS DONE IS A LIITER HARDER AND TUFFER
BUT DONT WORRY YOU WILL BE ABLE TO CASH IN WITH THE TRUE VLAUE SOON
SORRY I HAVE BEEN A NO SHOW , BUT I STARTED A NEW COMPANY
WHY DO WE KNOW THE DINAR VALUE IS HIGER THEN IT SHOULD BE ?
THEY GOT RID OF 70%
OF ?
THIS IS THE SAME PROB NAM HAS
THEY HAVE WAY TOO MUCH CASH
CHINA IS CALLING IT A UNFAIR PLAY BY NAM
AND WILL FORCE THEM TO TAKE AMOUNTS OF THE CURRENCY OFF THE MARKET
THIS IS WHAT YOU SHOULD BE LOOKING FOR
CHINA NEEDS THE DINAR TO RV MORE THEN THE REST OF US
ALSO WHY THEY HAVE NOT REALEASED THE TRUE VALUE YET
WHY DO WE KNOW THE DINAR VALUE IS HIGER THEN IT SHOULD BE ?
DONT WORRY IT WILL RV
THEY ARE STILL IN IT…..AND PROB WILL GET TO CHPATER 8 AFTER
SHJ THEY HAVE A TON OF DINAR
YOU KNOW WHY ?
THEY KNOW WHAT WE KNOW
IT IS WORTH A TON OF MONEY
THAT SHOULD MAKE YOU HAPPY JUST KNOWING THAT
REMEMBER TODAYS RATE IS NOT A REAL RATE
YOU GUYS DONT KNOW HOW BLESSED YOUR ARE REALLY….THE WORLD IS GOING TO BE PUMPED UP BY THIS AND YOUR ONE OF THE VERY FEW SITTING ON THE CURRENCY…IT IS AMAZING
http://iraqidinarnews.net/blog/2010/06/19/breitling-chat-dinar-speculator-61910-1230pm/


It truly is amazing.  It's amazing to me that anybody listens to this guy.  Hiding the true value?  The true value is out there in plain view.  $.00086 is the value when you have about $60 billion in foreign currency reserves backing about 70 trillion in currency.  If they got rid of 70% then why do their money supply figures keep going up?  This was over two years ago, folks.  Are we to  believe that the Iraqis have been surviving on less than 30% of the money they had over two years ago?  And if they're using USD instead how does their foreign currency reserves total keep climbing?    




7/19/10 @ 10:30pm

hansonent says to (23:15:25):Breitling, What is your current Thoughts on the V. Dong?
Breitling says to (23:15:44):
STILL WATCHING TO SEE IF THEY ARE GETTING RID OF CURRENCY OFF THE MARKET
JUST LIKE IRAQ DID
WHAT IS FUNNY ABOUT THAT
PEOPLE BOUGHT DONG THINKING THEY WOULD MAKE A QUICK BUCK
THATS NOT HOW THIS GAME WORKS
YOU STOCK UP ON CHEAP CURRENCY WHEN EVER YOU CAN
UNTILL IT POPS
THATS HOW YOU PLAY THIS GAME
WHEN I BOUGHT DINAR THATS HOW I APPROACHED THIS
BUY LOW SELL HIGH
BUT WE HAVE THE DINAR GOING
AND WE ARE AT THE END
WITH THE REDUCTION OF IRAQ CURRENCY OUTSIDE AND INSIDE
THE RATES CAN GO WAY HIGER THEN I EVER THOUGHT
I JUST NEVER DREAMED THEY WOULD TAKE THAT MUCH OFF THE MARKET
THIS PROVES THE CBI NUMBERS IS A COMPLETE LIE
WHICH MOST SUSPECTED ANYWAYS
FROM WHAT I HAVE GOTTEN THE POST IN THE GOV HAVE BEEN AGRRED ON ALREADY
AND THEY JUST HAVE TO GET THE LAW TO COMPLY WITH IT
THE RATE OF THE DINAR IS BASED ON THE BAD NUMBERS ON THE CBI SITE RIGHT ?
SO IF WE KNOW THEY HAVE REDUSED 70+ %
AND THEY HAVE NOT POST THAT REFLECTION ON THE SITE YET
THEN THE RATES THE CBI HAS ARE VOID, OR WRONG
THE DINAR RATES ARE ALLOT HIGHER THEN WHAT IS BEING POST
AND WHEN IT RV’S THEY WILL ADD TO THAT ANYWAYS
SO YOUR ALREADY GOLDEN
WHEN THEY ARE IN CHAPTER 8 STATUS, WE WILL LEARN MORE ABOUT THAT STUFF
.....
STAY GOLDEN 

http://dinarvets.com/forums/index.php?/topic/24984-breitling-chat-dinar-speculator-71910-1030pm/


Golden showers from Mr. B.  Interesting how here he says people bought dong thinking they would make a quick buck.  "That's not how this game works."  Yet one of the reasons they thought that no doubt was people like B saying "heavy hitters are buying it all up", "probably any day now",  "1-6 cents".  Three months later with no RV Breitling is saying they shouldn't have expected to turn a quick profit.  What a douche!  "Buy low, sell high."  Well how about buy low and watch it go lower?  And this 70% reduction of the money supply as we all now know was a total misinterpretation of an article about moving 70% of the excess liquidity into the economy.  


Like I said, Breitling is either completely misinformed and confused or he's a scammer.  Based on his recent pumping of the penny stock LDHL I'm leaning toward the latter.  The world of currency investments, MLM, and penny stocks is full of hucksters preying on the uninitiated and gullible.  I'm still waiting for B to pick a stock for us on NASDAQ or the NYSE that will go up substantially because of strong fundamentals as opposed to an OTC stock that can be manipulated through hype. 

http://dinardouchebags.blogspot.com/2012/09/more-of-best-of-breitling.html