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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, November 2, 2017

WHY THIS MAN IS SO IMPORTANT FOR RV? + INTEL

TNT Rayren98 Dinar Call Replay

IQD CHAT UPDATED, 2 NOV

chattels: EXCLUSIVE: Draft of Iraq-KRG agreement proposal on borders, forces By Rudaw

​http://www.rudaw.net/english/kurdistan/02112017

chattels: NOTE: The points in the following documents are what the Iraqi side had presented to the Kurdish delegations and the Kurdish side of the negotiations have provided their response as detailed below. These documents in no way mean any kind of final agreement between Erbil and Baghdad.

Zig: @chattels : GM...Did you read "sandyf's" posts addressed to you last evening?

chattels: I think. Did he / she explain " normal " exchange ?
 ...
Zig: Something to do with superseded notes....

chattels: Was it about the time the baseball game started ?

Zig: Later

chattels: No, I do not remember such.

Zig: If you have time look back....maybe answer him.....

chattels: 10-31-2017 Intel/Newshound Guru sandyf One thing you can take to the bank is that if the Iraqi currency is ever redeemed following a significant rise in value, the exchange will not be 'normal'.

Zig: "sandyf: @chattels Regarding your comment on 'normal'. Do you think it would be normal for an international bank to exchange a superseded banknote?"

chattels: xyz: @sandyf ... " Iraqi banknotes have been superseded in the last couple of years"

Zig: "sandyf: @chattels I do not have any inside sources or contacts, just try and stick to factual information. It is a fact that Iraq has not met with the WTO since 2008. and is a fact that Kurdistan failed to implement the tariff law."

chattels: @Zig I am unaware of any " superceding " notion, concept or information. Is there a link / documentation ?

Zig: I don't think so

chattels: supercede vs. supersede : Supercede has occurred as a spelling variant of supersede since the 17th century, and it is common in current published writing. It continues, however, to be widely regarded as an error.

Zig: I think sandy used precedence as an example....

chattels: • SUPERCEDE (verb) The verb SUPERCEDE has 1 sense: 1. take the place or move into the position of

chattels: What has taken the place of the dinar we hold ?

chattels: I think that we would have read such somewhere at sometime ?

Zig: @chattels : Newer issued notes....

Zig: CONGRATULATIONS TO THE HOUSTON ASTROS AND TO THEIR LOYAL FANS!!..... ;clap .....

chattels: Newer issued notes.... ????????????? Where ? When ?

Tebow: Just go to the CBI and you can see all notes in circ and being used. Iraqis are hording their 25K note, they know whats coming

Zig: @chattels : 2013 notes with more security.....most of us have the ones from 10 years prior.....

Zig: Maybe sandyf will explain his "opinion" further....stay tuned....

chattels: @Zig I am unaware of any greater security features since my involvement / purchase in 2011.

Zig: @chattels : The newer series has more security features.....

chattels: @Zig But when ?

Zig: 2013 I think

chattels: New Iraqi Dinar banknotes feature stronger security features by Amir Abdallah May 11, 2014,

https://www.iraqinews.com/business-iraqi-dinar/new-iraqi-dinar-banknotes-feature-stronger-security-features/

Zig: Yes, in Iraq.....sandyf believes that international banks may not accept the older notes.....

[pm]Zig: He cited precedence.....

[pm]Zig: Posted about that here http://www.iraqdinarcalls.com/comment.html

[pm]Zig: Okay....I have a headache from discussing this....lol....I am not worried about that....

JoeSchmoe: So is there a feeling that we may end up screwed here now?
[pm]Zig: @JoeSchmoe : One man's "opinion"...Relax...

JoeSchmoe: Re: ]Zig: Yes, in Iraq.....sandyf believes that international banks may not accept the older notes.....

[pm]Zig: Who knows...again it's an opinion and he used the word "MAY".....but IMO we will be fine.....

JoeSchmoe: all of dinar spec is based on opinion :ft:
JoeSchmoe: dinar rv that is

[pm]Zig: True....lol....so I would not worry.....

JoeSchmoe: don't worry....don't get excited.... lol

chattels: sandyf : " People should be very wary of what gets said about currency exchange, including the simplicity. Where I live currency exchange is a way of life and it is not that long ago that most of the exchangers had a notice in the window refusing to accept Russian and Indonesian banknotes.

My wife deposited some Yuan into her MCA with the Chinese bank and a few days later some of the banknotes were returned as they were a different version of the current series and the funds were removed from the account. These banknotes had to be returned to China for redemption.

It was exactly the same when the UK issued the new £20 note , the previous note was immediately unacceptable. I exchanged quite a bit for people who had been caught out. I just took the notes back to the UK and spent them. People should remember that the latest versions of Iraqi banknotes are fairly recent.

One thing you can take to the bank is that if the Iraqi currency is ever redeemed following a significant rise in value, the exchange will not be 'normal'." http://www.iraqdinarcalls.com/comment.html

chattels: I understand what he is saying now.

[pm]Zig: @chattels : Worried??

chattels: There is also the issue of the bank spread for exchanging exotic currencies, which can be 17% or more.

Tebow: spends and taxes you have to pay

chattels: @Zig No, his experience is that the older notes were ultimately redeemable by / in the country of origin.

chattels: @Zig He did not have to go to that country.

chattels: @Zig It is just more complicated and probably expensive.
chattels: @Zig Not ' normal '.

chattels: [Ayna-Baghdad] President Fuad Masum on Thursday ratified the "First Amendment Law of the General Amnesty Law No. 27 of 2016. "This law, which was voted by the House of Representatives earlier, began the seriousness of terrorist crimes and crimes of kidnapping people in society, especially after 10/6/2014

and in order not to provide the opportunity To the perpetrators of impunity and not to encourage others to commit and for the purpose of increasing the amount of the penalty for the replacement penalty or measure. "This law has been sent for publication in the official gazette."

http://www.alliraqnews.com/modules/news/article.php?storyid=67808

[pm]Zig: "chattels: @Zig Not ' normal '."..........I beg your pardon?...... :ft: .....lol (True)

chattels: Tamimi: the next budget is 108 trillions dinars and 40% of state real estate are missing Editorial Date: 2017/11/1 23:47

​http://www.alliraqnews.com/modules/news/article.php?storyid=67792

chattels: She pointed out that "the price inflation in licensing rounds is to satisfy corporate officials," noting that "taxes and customs are still in the pockets of corrupt, and that more than 90% of imports of customs go to the pockets of corrupt."
chattels: "Real estate of the state has been cleared from the center of accounts, and 40 percent of state property is missing," she said. "We have money and there are deliberate financial mistakes."

chattels: Iraq today receives three F16 fighter jets, bringing his squadron to 24 aircraft Editorial Date: 2017/11/2 13:08 http://www.alliraqnews.com/modules/news/article.php?storyid=67802

chattels: David M. Witty‏ @DavidMWitty1 6h6 hours ago After Ninawa Council votes to remove governor, he surrounds his office in Mosul w/armed tribal forces loyal to him. http://mobp.as/UraYj

blackgold: might help if it was in English

[pm]Zig: :Zig;...... تعلم القراءة العربية .... بسيطة

blackgold: funny
blackgold: I wonder if those F 16s are Block 70 or older falcons

blackgold: Even the Block 70 is old

blackgold: i remember when they let us see the B2 stealth over Boston, everyone had there cameras ready and they said "here it comes " and all we heard was pif never saw anything.

​The anouncer said could you make another pass and slow it down and the piolet said sure i'm turning around in virginia, that was just seconds. He made his pass and we all got a little glimpse. That was about 15 to 20 years ago. Only God knows what they have now

Clay: @blackgold thats amazing

blackgold: 20 years ago
blackgold: scarey

blackgold: Funny here we are like little cockroaches on the surface of the planet waiting for an RV and they laugh at us from underground cities, watching us like little white mice in a maze

blackgold: we haven't got a clue

blackgold: <--- wonder if that is what John saw in Revelation-- them coming out of the Rocks and caves

Tebow: @blackgold might want to get your facts correct, the B2 bomber is a slow plane. Top speed is only 628 mph. No way is could go from Boston to Virginia in seconds!!!!

blackgold: as usual he can't read

blackgold: well then the government lied to us again, nothing new
blackgold: lol zig i saw that

[pm]Zig: Here we go...Round 5... ;boxing

blackgold: lol

blackgold: i can only tell you what I saw. I even got a picture on the second pass
blackgold: The plane I saw, the speed was Classified

blackgold: My friend was an A10 fighter he loved planes and flying

blackgold: well anyway time to go surfing
blackgold: have a bless day everyone
blackgold: Go RI

Tebow: Wasn't the B2 then
IQD CHAT

DA CHAT, 2 NOV

mike  Moderator:  IRAQ PUNISHES KURDS, PLANS END TO INDEPENDENT RULE FOR KEY U.S. ALLY

In the wake of a series of lightning victories over Kurdish forces in recent weeks, Iraq’s leaders plan to press their advantage and effectively dismantle Kurdish regional autonomy in the north of the country, ending decades of independence for the ethnic group in Iraq.

The Iraqi Prime Minister Haider Al-Abadi outlined his government’s plans in an interview with The Independent Monday. He said that by taking back authority over Iraqi Kurdistan’s borders, absorbing the Kurdish security forces into the Iraqi military and reestablishing control over the regional government’s oil exports, Baghdad would take steps to curtail powers the regional government in Erbil has enjoyed for 26 years.
 ...
“All border crossings in and out of Iraq must be under the exclusive control of the federal state,” Abadi said, explaining this included management of the Kirkuk-Ceyhan oil pipeline that crosses into Turkey at Pesh Khabur. The new powers for Baghdad over the Kurdish Regional Government (KRG) would also extend to airports and the issuing of visas.

Abadi explained that he wants to see Kurdish security forces—known as the Peshmerga—drastically reduced in size to work as a small local force or absorbed into the Iraqi Army. The Iraqi Prime Minister has accused Kurdish leaders of exaggerating the number of fighters at their command and claimed the Peshmerga is corrupt, withdrawing salaries without reporting for duty.

“I am prepared to pay those Peshmerga under the control of the federal state. If they want to have their local small force—it must not be that large—then they must pay for it,” Abadi said. He added that he would not allow the KRG to become a “bottomless well” for payments from Baghdad.

Following Kurdish forces' loss of the ethnically mixed northern Iraqi city of Kirkuk in mid-October, along with swathes of oil-rich territory across the southern border of the KRG, the autonomous region’s leader Masoud Barzani announced Sunday that he would be stepping down from his position as president.

The Peshmerga stalwart and 12-year leader of the KRG has been seen to have overextended himself in calling for a September referendum on Kurdish independence.

After the clashes in Kirkuk and its surrounding oil fields between Iraqi and Kurdish forces—both U.S. allies in the coalition against the Islamic State militant group (ISIS)—Washington refused to be drawn in support of either side.

"We're not taking sides, but we don't like the fact that they're clashing," President Donald Trump told journalists in Washington as the fighting continued. He emphasized that the United States hoped to maintain good relations with the Kurds and Iraqis.

At the same time neighboring Iran and Turkey have said they will deal only with Baghdad when it comes to the Kurdish question. Both have sizeable Kurdish populations they do not wish to see emboldened by a strong Kurdish independence movement in Iraq.

“We got the international community on our side,” Abadi said of the recent clashes in Kirkuk. “We made it very simple: we said the unity of Iraq is very important for combating terrorism,” he added.

http://www.newsweek.com/iraq-punishes-kurdistan-plans-end-independent-rule-key-us-ally-696972
  •  Stay grounded...


Mike  Moderator:  It's clear that Barzani overstepped but the real problem for the Kurd's was the betrayal of Hero Talabani colluding with the Iranians and pulling back the Peshmerga forces in the face of the PMU's advance. If they had stuck together long enough to put up even a token fight I'm betting the west would have jumped in and stopped the bloodshed.

Whatever hopes and dreams the Kurd's had for independence is gone, at least for the time being. I was hoping these guys could become an ally of the US and a place for democracy to grow but the same old ME politic's got in the way; despots hungry for power.

The Kurdish people will suffer because of the inflated ego's of the Barzani's and Talabani's, just like it has for years.  --Stay grounded...


Terry:  Appears Abadi is no different than Maliki.

Phil Oberholzer:  Here's a video of an interview with Abadi on several issues including the

referendum...https://www.youtube.com/watch?v=9uRlp-mAmLY&feature=youtu.be

Polokid4Life:   Question Mike, for our purposes this goes good with what the international community ad specifically the US who have went on record stateing they support a unified Iraq. Why isn't this a good thing? Again I'm asking in the context of our investment not from the the citizens point of view.

Mike Moderator:   Awesome question polokid4life, how does this effect our investment. Here's the thing, was Iraq divided after ISIL was removed and the referendum occurred? No. This was a non-binding referendum that allowed the people to demonstrate and articulate how they wanted Kurdistan and the disputed territories were managed.

It exposed and told the world that they weren't happy with Baghdad because why? They haven't received a dinar from the "unified Iraq" since 2014, no material help in the fight against ISIL and the inactivity in addressing the constitutional requirements of Article 140.
This was their chance to rub Baghdad's nose in the dirt before an international stage, that's it, there was nothing binding about what the Kurd's did but it was enough of an embarrasement that Abadi was forced by the hawks in the GOI to make a move or appear weak. The Shia are using the referendum as an excuse to take back Kirkuk, greatly reduce the Peshmerga and restrict the flow of oil out of Kurdistan.

The Kurd's are going to starve to death with no oil revenue and to compound that there are over a million refugee's from Anbar Province in the Kurdish territories. I

The definition of the word unified is; make or become united, uniform, or whole. Abadi isn't uniting the Kurd's with the rest of the country with diplomacy and adherence to the constitution of Iraq, he's using Iranian militia's, the PMU and regular army to reverse the advancements the US made regarding democracy back in 2003/4. What happened when the Sunni's were marginalized by the GOI?

Iraq had a visitor with no invite named ISIL. What are the long term repercussions of marginalizing the Kurd's? We don't know yet but I don't see how this benefits or unites the country at gun point.

This move bother me because Soleimani from Iran orchestrated this move. He was in Sulaminiya negotiating with Hero Talabani and undercut the entire Kurdish movement. Anything that Iran touches turns to death and ashes, they are the largest state sponsor of terrorism on earth. Iran, by all indications, owns the GOI in Baghdad and they directly effect our investment.

Where is the needed legislation to get this country moving toward an open market economy and inclusive democracy where are all sects are respected? It's waiting on Iran's approval so the GOI will do something constructive instead of dividing the country.

If Iraq had any kind of independence from their Shia brothers in Iran they would have addressed Article 140, HCL and a ton of other stuff that sits and dies on the shelf in Iraq. They passed the AML because they HAD to, the west would have cut them off from our banks and then they'd be in the same boat Iran is in.

But that's about it, right? Not much of any real relevance has come out because Iran has other plans. Look at Yemen and Syria, these are two glaring examples of what happens when Iran starts running proxy wars and if they continue to marginalize the Sunni's and Kurd's, I'm concerned that's all we'll have, chaos.

For me, these heavy handed tactics are the opposite of trying to unify the country, they're consolidating power and eliminating the minority competition. And if there's one thing I've learned over the years following Iraq, the GOI and Shia politicians are corrupt and inept, they need the help of the minorities to move this country forward.

This is all just my opinion, heck, as soon as they get their hands around Kurdistan then maybe everyone will chill out and sit around the hookah pipe enjoying a cummunal falafel dinner together with the winds of change blowing through their hair. :)    --Stay grounded...


Imagemaker:  I look at it from a different angle and this is a good thing it cuts the amount of hands robbing from the cookie jar  the Kurds always complained about not getting their fair share of the budget but on the other hand they controlled the flow of oil out of the Kirkuk oil area and some major boarder crossings  a perspective some don't look at if they weren't getting money from Baghdad they were getting it from somewhere because they were a far cry from poverty compared to other parts
--

Mike  Moderator:  Good stuff Imagemaker, hopefully you're right and this is part of a solution. We'll know soon enough, right?  Stay grounded...

Polokid4Life:  Mike,   Thanks for your thoughtfull response Mike. I'm curious to see how this plays out after Barzani steps down.

Justwaiting:    “If Iraq had any kind of independence from their Shia brothers in Iran they would have addressed Article 140, HCL and a ton of other stuff that sits and dies on the shelf in Iraq. They passed the AML because they HAD to”

Iraq has NOT, IMO, held up their part of the bargain.

Agree re: art 140 HCL, non-payment of the 17% required, etc  .  Iran is definitely a detriment and will remain so.   --It’s the possibility that keeps me going, not the guarantee

Justwaiting:   THANKS MIKE And all !!
--It’s the possibility that keeps me going, not the guarantee

Imagemaker:    Justwaiting,   Why give them the 17 percent when they are stealing 100 percent of all oil out of kikurt and setting up no regulations at the boarder crossings. The Kurdish portion of Iraq is one of the richest territories in Iraq don't you ever wonder why

Mike Moderator: Here's an article that addresses the current financial situation in Kurdistan with a snippet of this reality:

It’s a threat that the KRG officials need to take seriously: despite the construction boom of years past and the western-friendly business environment that Iraqi Kurdish leaders have sought to project to potential investors, the region is in financial distress.

Because crude oil prices continue to be far lower today than their value a few years prior (over $100 in the spring of 2014 compared to this month’s $48-$52 range), the KRG has been coerced into implementing considerable spending reductions in its budget.

Public sector employees have seen their salaries plunge 75%, a wage dip that prevents Kurdish residents from spending as much money as they would like. The KRG’s extreme dependency on crude oil exports for 85% of its revenue has in effect increased Turkey’s political power and economic leverage.

Were Erdoğan to go beyond words and actually shut down the Turkish pipeline or order a halt to trade with Iraqi Kurds across the border, Iraqi Kurdistan would suffer an extensive amount of economic damage at a time when it’s at least $20 billion in the red

https://qz.com/1092028/did-iraqs-kurds-lose-their-big-bet-on-independence/
Mike Moderator:    The Kurd's are in a real jam, Barzani overplayed his hand and the US didn't/won't step in to help. Baghdad has financially broken the Kurd's, I'm betting we'll see articles about financial hardship in Kurdistan in the next month or so.   IMO  Stay grounded...

Phil Oberholzer:   Nice article Mike. Thank you for all your commentary and postings. Very insightful.


mexia74:    Very good discussions.  What I want to know is this; is there any really good leader in Iraq that truly cares for the people?  I once thought it might be Abadi.  Not so sure now.  I know its not Maliki, Barzani, Allawi, etal.  Seems like the corruption is beyond repair.


Mike  Moderator:    The only one I can think of is Hakim, I haven't seen much in the way of corruption with him and he's a middle of the road kind of guy. The rest of them, Ameri, Badr, Sadr and the above guys are corrupt to the bone.     Stay grounded.

DINAR GURUS UPDATE, 2 NOV

11-2-2017   Newshound/Intel Guru Mnt Goat  Article:  "SETTING A HIGHER CEILING FOR REMITTANCES OUT OF IRAQ"   ...you have no idea of how good this news really is.  When they refer to exchanges and remittances they mean converting of dinars to US dollars for payment for goods and services outside of Iraq.  So now they limited the exchange of dinar to 10k of debt in the currency auctions. They are doing this because they have an issue that will NEVER go away. This issue is money laundering the US dollar. So how can they stop this? They can’t for now since this will only stop when the demand for the dollar stops and this will occur only when sanctions are lifted and merchants no longer have to go to the currency auctions and are forced to convert dinars to dollars.

11-2-2017   Newshound Guru G-Lin
   Article:  "UN calls on Iraq to join ICC "   Quote: "The United Nations today called on Iraq to join the International Criminal Court or search for other ways to punish calling for atrocities during the battle of Mosul."  I hope and pray Abadi has the guts to do this. This would mean goodbye Maliki and Co.


11-2-2017   Intel Guru RayRen98   Reports say that on yesterday Iraqi TV indicated Abadi informing the Kurds that their "cut" would now be 12% instead of the 17% already addressed and acknowledged. (Oh boy, more political drama).  On today, unconfirmed reports are coming in of a limit of 75,000 dinar exchanges in-country due to a "possible" rate change? Still seeking more information on this one, don't get too excited too soon, TIME WILL TELL!!.

11-2-2017   Newshound/Intel Guru Mnt Goat   Article quote:  "THE LAW OF OIL AND GAS HAS BEEN DISABLED SINCE THE PREVIOUS TWO SESSIONS," EXPLAINING THAT THE ADOPTION OF SUFFICIENT TO END THE CRISIS IN NORTHERN IRAQ."   I hope every can see the light and finally know that this HCL issue was the very reason for the entire Kurdistan referendum. Will they now get it done or just talk about it again?

11-2-2017   Newshound Guru Adam Montana   [I read...that Barzani is retiring, how will this effect our investment?]  He said he would be stepping down as of...(1 November 2017), and the reason was basically disappointment in the failed referendum. This may end up weakening the Kurdish resistance to full cooperation with Baghdad, which might just be the leverage needed to pry open the HCL floodgates.  Let's hope for some good news in the coming days!

11-2-2017   Newshound Guru MilitiaMan   Article:  "IBBC completes successful Trade Mission to Baghdad"  Quote:  "The delegation met with a number of ministers and high ranking officials to discuss future policies and opportunities for growth as well as focusing on business opportunities for IBBC member companies."  I don't know about everyone else...but, if this article...doesn't give you the feel goods, not much will. lol Just think about some of the names in the list of attendees... Kuwait Energy, Rolls Royce, Restrata, etc.. That is all about big money and security... The reconstruction of Iraq is going have then both! 

11-2-2017   Newshound/Intel Guru BGG   Who's going to pay the tab for the RV...not Iraq.  It's going to be the world.  Who's going to buy their currency at a much higher rate...not Iraq...everybody else.  You can RV your currency at whatever number you want, but if there is no one to buy it, you don't have an RV.  Responding to the IMF, WB, and UN...they have to get their expenditures under control and...they are working on that now.

11-2-2017   Newshound/Intel Guru Mnt Goat     We know that the CBI must remove from the general public at least two thirds of the large 3 zero notes and get them out of circulation prior to launching the newer notes. We also know there are other reasons too as they do not want to see a massive amount of millionaires in Iraq as this could cause hyper-inflation too.  We know also of a precaution that as the value increases, these older 3 zero notes could be exported to terrorist groups to fund their operations.  So it is important to get as much of these large 3 zero notes out of circulation. Every note collected by the CBI is scanned and accounted for. They know exactly how much money is still in circulation. 

A simulation of the dinar exchange rate linked to a basket of currencies , 2 NOV

Tishwash:  A simulation of the dinar exchange rate linked to a basket of currencies 

Dr. Ahmed Abrehi Ali  link

Introduction:

 The stabilization of the national currency by a basket of currencies, which is among the world's exchange-rate regimes, as well as strict or flexible bilateral linkage. Therefore
It is proposed that the dinar be pegged to a basket of major currencies, international reserve currencies, dominant in foreign trade and capital markets,

United States Dollars. But Iraq has been used to favoring bilateral ties in its monetary history and to this day. It is no secret to the followers of the argument of bilateral linkage and dollars in particular

That the source of foreign currency to Iraq is the dollar first, and secondly the dollar is often in official international reserves and about 65 percent in
....
Third, Iraq's foreign trade depends on the dollar's currency, even with neighboring and Asian countries, and the fourth most countries depend on the dollar to intervene in the market

Exchange is called the intervention currency, and in Iraq also operates the window of the central bank in dollars and so we call the currency of the window.

 However, it is necessary to interact with the currency basket proposal and to discover patterns of exchange rate movement under this system.

For those interested and decision-makers to consider the performance of this system and how it differs from the bilateral link.

The exchange rate of the dinar linked to a basket of currencies of varying weights:
 In this note, a review of the exchange rate of the Euro, Pound Sterling, Yen and Swiss currency against the Dollar since the beginning of 1999. Then we assumed

The Iraqi dinar was pegged to a basket of currencies according to three alternatives to weights between the first of January 1999, the beginning of the euro, and the beginning of the 10th of 2017.

The weights are:
First: 65% of the dollar; 20% of the euro; and the rest of the currencies 5% each.
Second: 60% for the dollar; 20% for the euro; 10% for the sterling; and 5% for the Swiss and Japanese.

pg2
Third: 50% to the dollar; 25% to the euro; 10% to the pound; 5.7% to the Swiss and Japanese.

The exchange rate of the dinar was then calculated according to the linkage of these currencies. For simulations we assumed starting from the beginning of 2012, and points could be selected

Start again and recalculate but this does not affect the pattern of movement up and down. It is important to state the results of the currency basket commitment and its weights in the exchange rate calculation,

And within a period of time sufficient for the occurrence of cyclical changes and fluctuations in the relationship between the major currencies in the world. At the starting point on the first day of the first month

For the year the dollar was 1200 dinars, ie at the moment of transition from the binary system to the basket. The exchange rates of other currencies change in dinars according to their exchange rates

In dollars. The result is shown in the table at the end of this note, which shows how much the exchange rate (JD / $) will be according to the currency basket and their stated weights.
Below is pure experience with the assumption that the exchange rate of another primary is 1700 dinars per dollar.

The proposal to adopt a basket of currencies instead of a bilateral link would mean a change in the dollar exchange rate in dinars according to the exchange rate of the basket currencies against the dollar. How many will be

Change ranges, this is what you find in the table. When pricing the euro or the pound in dinars it depends on the exchange rates between those currencies and dollars, for example:
Dollars per euro are multiplied by dinars per dollar and so on. So that the dealer who turned the dinar into euros and then to the dollar recovers the amount of the dinar

He used it to buy the euro when converting dollars into dinars at the same market moment.
 Note that the euro exchange rate with the dollar is cyclical, and generally the trend of the exchange rate of all currencies for reasons related to Productivity and therefore export prices and balance of payments accordingly.

Therefore, adoption of the basket does not guarantee a specific direction for the exchange rate of the dollar, or any Other currency, in dinars. And when the basket is adopted, it does not require changing the exchange rate daily, but enough per week or monthly.

 These accounts and data presentations for clarification, and knowledge of the quantitative scope of the issue under discussion. When you switch to a basket, you need to agree on currencies

Weights and why. The weights assumed in this note are close to the first alternative to the components of Iraq's international reserves. Relative components can be considered
For foreign trade or others to propose weights.

pg 3

Table (1)
Summary of exchange rate simulation results (JDs) when linked to a currency basket
From the assumed time horizon until October 2

pg 4

Figure (1)
Exchange rate movement between January 2005 and October 2017: Simulating the peg to the basket of currencies

pg 5

Experience has shown that the dinar exchange rate in relation to a basket of major currencies does not move far from the average levels of bilateral linkage.

The direction can not be determined Regular rise or fall of the dinar exchange rate with the dollar and for a long time when the currency basket is committed. Also, the oscillation with which, almost, advantages are evident Installation as long as the window uses one foreign currency.

And to the distinguished readers of specialists and others, we present these data and accounts, and can re-experiment with any Other hypotheses they see fit.

Statistical Appendix
Figure (2)
The exchange rate of the euro against the dollar since the beginning of 2

pg 6   (The rest of these pages are charts but these are the words on the pages)

Figure (3)
Euro exchange rate in dollars
pg 7

Figure (4)
Swiss Currency Exchange Rate.

pg 8

Figure (5)
GBP / USD exchange rate

pg 9
Figure (6)
The exchange rate of the yen in dollars

pg 10

Figure (7)
Euro and Swiss Currency Exchange Rates: US Dollar

pg 11

Figure (8)
Exchange rates for four currencies in dollars:

pg 12

Figure (8)
Exchange rates for four currencies in dollars:

pg 13

Exchange Rate: JD / USD (as of January 1, 2012, the dollar equals 1200 Iraqi Dinars)
According to three alternatives to weights described above.

everything else is in english   link

CBI "Rafidain and Rasheed in preparation for liquidation"

KTFA UPDATE, 2 NOV

Samson:  A simulation of the dinar exchange rate linked to a basket of currencies

2nd November, 2017

A short search to experience the simulator about linking the Iraqi dinar to a basket of
currencies with weights varying between 50% and 65% of the dollar and other currencies
remaining price (Dr. Ahmed Ali Abrihi) ... Click here  
https://cbi.iq/news/view/462

Walkingstick:  Note currencies ...

A simulation of the dinar exchange rate linked to a basket of currencies Dr. Ahmed Abrehi Ali Introduction:

 The stabilization of the national currency by a basket of currencies, which is among the world's exchange-rate regimes, as well as strict or flexible bilateral linkage. Therefore It is proposed that the dinar be pegged to a basket of major currencies, international reserve currencies, dominant in foreign trade and capital markets, United States Dollars. But Iraq has been used to favoring bilateral ties in its monetary history and to this day. It is no secret to the followers of the argument of bilateral linkage and dollars in particular.

That the source of foreign currency to Iraq is the dollar first, and secondly the dollar is often in official international reserves and about 65 percent in Third, Iraq's foreign trade depends on the dollar's currency, even with neighboring and Asian countries, and the fourth most countries depend on the dollar to intervene in the market.

Exchange is called the intervention currency, and in Iraq also operates the window of the central bank in dollars and so we call the currency of the window.

 However, it is necessary to interact with the currency basket proposal and to discover patterns of exchange rate movement under this system.

For those interested and decision-makers to consider the performance of this system and how it differs from the bilateral link.

The exchange rate of the dinar linked to a basket of currencies of varying weights:

 In this note, a review of the exchange rate of the Euro, Pound Sterling, Yen and Swiss currency against the Dollar since the beginning of 1999. Then we assumed The Iraqi dinar was pegged to a basket of currencies according to three alternatives to weights between the first of January 1999, the beginning of the euro, and the beginning of the 10th of 2017.

Cuuzdog1:  NOT AT A PROGRAM RATE!!!! LOL IMO RIGHT?

Boxman:  Dang Frank, depeg from dollar and basket of currcencies...they must have read the CC notes...lol..

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

DocK: PAGE 12 & 13  show the simulation comparisons between the major currencies .  snippet below

IQ per Us$ index Weight: US$ 0.65; EURO 0.20; GBP 0.05; Swiss 0.05; Yen 0.05

IQ per US $ index 2 Weight: US $ 0.6; EURO 0.20; GBP 0.10; Swiss 0.05; Yen 0.05

IQ per US$ Index 3: US $ 0.5; EURO 0.25; GBP 0.10; Swiss 0.075; Yen 0.075

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Inkmaster:   Financial and financial experts are considering creating a temporary sovereign fund

o Baghdad / Range

2017/11/01 (00:01 PM)

The Financial Advisor to the Prime Minister proposes to establish a "sovereign fund" to ensure economic development in the country. The head of research at the Central Bank of Iraq confirms how the fund is managed, tried and financed, and the obstacles it faces, and the need to benefit from the experience of other countries to develop its capabilities. And risks arising from mismanagement or use other than the purpose of establishing such fund.


The proposed fund is intended to be both temporary and investment. It serves as the guarantor and financier of infrastructure projects. It is financed from the allocations of these projects in the federal budget. It is constantly compensated by the foreign government guarantee agencies for guaranteeing timely and efficient completion and ongoing financing.

Sovereign Sinking Funds are known in modern finance as a means by which business organizations and governments can put together a portion of money and accumulate it over time to extinguish their debt, ie money or money deposited when needed to extinguish a debt, or money deposited aside to extinguish The cost of capital equipment when it is depleted, including technical or technological extinction. The sub-funds enable the said organizations to repurchase their debt or bonds issued in whole or in part at prevailing prices or at preferential rates.

Financial Advisor to the Prime Minister Dr. The appearance of Mohammed Saleh, presented his proposal in a paper with other papers presented by officials and specialists in economic affairs during the second workshop organized by the Secretariat General of the Council of Ministers, within a series of workshops to discuss the topic "sovereign funds and their role in the development of the Iraqi economy." In his paper, Saleh said that in order to solve that difficult financing equation, Iraq's leverage or public debt capacity, which represents the ratio of public debt to GDP as a measure of leverage, should be constantly identified to provide a benchmark for the ability to sustain debt, That affects the health or safety of economic growth in the country.

On the other hand, the head of research of the Central Bank of Iraq, in the name of Abdul Hadi Hassan, a paper in which he talked about the options available to build a sovereign fund in Iraq in the current circumstances and the prospect of future development, and presented the vision of building a sovereign fund or more, and how to manage and governance and financing and obstacles The paper also addressed some of the successful global experiences and types of assets that the Fund or the proposed funds might have and suggested forming a working group to establish a sovereign fund with a plan to develop its capabilities in the light of the experiences of other countries.

The former Minister of Science and Technology Dr. The paper discussed the forms and legal frameworks of the funds, their structures, management and governance, as well as the risks they may face and the conditions of success of the investment of development funds within the country. The advantages and risks of mismanagement or use other than the objectives of incorporation, in addition to addressing the model of the Deposit Fund and the secretariats of France and its functions and financing and the bodies that supervise and monitor the performance, Texas State School, a Texas fund that aims to fund state-run schools.

And explained the head of the Department of Economics at the Faculty of Management and Economics, University of Mustansiriya d. Falah Hassan Thueni, in his paper the possibilities of establishing a sovereign wealth fund in Iraq, citing the experience of the Development Fund for Iraq, which was established by the Security Council resolution, and talked about why it did not achieve the desired development, and reviewed sovereign funds in the world and the value of assets. His paper focused on the rationale for the establishment of an Iraqi sovereign fund and the missed opportunity for Iraq not to establish such a fund, when there was a financial abundance resulting from the rise in crude oil prices and to discuss the requirements of establishing the sovereign fund and its proposed organizational structure. His origins.

The head of the Iraqi Fund for Foreign Development in the Ministry of Finance, Hussein Jaber Al-Khakani, pointed out in his paper the role of the Iraqi Fund for Foreign Development in the development of the Iraqi economy and reviewed the historical role of the Fund and the stages of its time and structure as well as its objectives and role in supporting the national economy. And the nature and quality of the assets it owns.

The paper presented by the Dean of the Faculty of Business Economics at the University of Nahrain Star Al Bayati, sovereign wealth funds and successful international experiences and the possibility of benefiting from them in Iraq, through which the basic idea of ​​the basic type of sovereign funds, with the obligations to develop a fund for sovereign wealth in Iraq, ) Types of proposed sovereign wealth funds, and recommendations adapted to the Iraqi situation.
The head of the administrative body of the Baghdad Economic Forum, Fares Al Salman, said in a speech during the workshop that one of the objectives of the workshop is to develop strategic bases that serve economic security, which is part of Iraqi national security in order to make the sustainable development process successful.

The aim of the workshop is to come up with recommendations on the sovereign funds to be established, as well as to define their objectives and mechanisms to manage them and rationalize them through benefiting from the experiences of other countries preceded us in this area with the national touch in accordance with the requirements of the Iraqi economy in support of the steps of the government and the private sector to develop the Iraqi economy And diversifying sources of state income to face future economic shocks.

The workshop was attended by a large number of concerned officials, parliamentarians, local and foreign economic figures, academics and representatives of some embassies, international organizations, the World Bank and the United Nations. 

http://almadapaper.net/ar/news

TNT UPDATE, 2 NOV

TNT THURSDAY UPDATE ~ THURSDAY, NOVEMBER 2, 2017

Reports say that on yesterday Iraqi TV indicated Abadi informing the Kurds that their "cut" would now be 12% instead of the 17% already addressed and acknowledged. (Oh boy, more political drama).

On today, unconfirmed reports are coming in of a limit of 75,000 dinar exchanges in-country due to a "possible" rate change? Still seeking more information on this one, don't get too excited too soon, TIME WILL TELL!!.
....
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GJHHonor:  Rasheed Bank: 75 million dinars advance for the purchase of housing units http://www.alsabaah.iq/ArticleShow.aspx?ID=147108

OffGrid:  GJH - here is your English translation: Rasheed Bank: 75 million dinar​s advance for the purchase of housing units - https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=e​n&ie=UTF-8&u=http%3A%2F%2Fwww.alsabaah.iq%2FArticleShow.aspx%3FID%3D14​7108&edit-text=

Bus. Trust Conf. Call W/Carol Werelius

IQD CHAT, 2 NOV

yz: Iraq threatens to resume military operations against Kurds

http://www.reuters.com/article/us-mideast-crisis-iraq-kurds/iraq-threatens-to-resume-military-operations-against-kurds-idUSKBN1D15YD

xyz: Trump to Tap Jerome Powell as Next Fed Chairman The president is expected to announce his decision Thursday

https://www.wsj.com/articles/trump-to-tap-feds-jerome-powell-for-fed-chairman-1509568166

Dave: Does one expect Iraq to RV while under sanctions?

Tebow: who knows
 ...
Raptor: what do you think about Beny and his intel

Dave: as far as Iraq is concerned.....they can not freely trade with the world or join the WTO while under sanctions

Raptor: xyz sounds like you dont care bout him?

Zig: @Raptor : IMO none of those people know anything...Beny included..

Raptor: Zig he sounds like a christian

Dave: It saddens me that chattels is loosing hope.......

bunny: What they ignore is that Iraq has to comply with IMF ~ going to be a long time to reach a no more than 2% spread on market. Shabibi had reached it and held for some time when Maliki put an arrest warrant out and Shabs fled to Switzerland. So, Maliki may have really been the reason for all to go to "hxxl in a handbasket"

Zig: Frankly I am getting tired of talking about the so-called Gurus out there....People need to learn for themselves...it gets old for many of us....some crap every week.....lol

xyz: @Dave I bet @chattels will be fine the day after tomorrow

Zig: @Dave : Many people are new....new people invest every week

Dave: not that many.....

Tebow: @bunny the 2% is Just Crapobolnia BS!

[pm]Zig: @Tebow : LOL...You come up with a new name every week or so....

chattels: I have not sold anything.

Tebow: thanks

[pm]Zig: @chattels : It is difficult to maintain one's optimism....

chattels: @Zig Agreed. If I were not so willful and bull headed .....

Dave: @chattels only a handful of nations under sanctions......Somalia,Nigeria.Sudan, Libyia and a few others

chattels: @Dave Intellectually and conceptually it still makes sense that the dinar will have significantly greater value after sanctions / program rate, but when might that be ?

Dave: @chattels no more ISIL in Iraq as per the the UN

chattels: @Dave ?
Dave: @chattels what?

chattels: @Dave The UN says that there is no Da'ash in Iraq now ?
chattels: @Dave ?

Dave: Who ate they fighting in Western Anbar ......

chattels: @Dave There is Da'ash in Western Anbar from what I read.

Dave: so the war wages on...

chattels: @Dave Hopefully the Hash'd will be occupied with Da'ash in Anbar during the elections.

Dave: Kubis mentioned the eradication of ISIL as a pre curser to being removed from ch7

blackgold: Maliki was just a puppet for the US and did what they told him so why be mad at him

chattels: @Dave I will be surprised if Da'ash is not with Iraq for some time still. The Anbar desert is about the size of North Carolina.
chattels: @blackgold My belief is that Maliki was / is an Iranian proxy.

blackgold: Look, there will always be Islamic trouble makers just like there will always be democrats and republicans, and Thugs in Chicago

blackgold: @chattels Thay too ,why not get paid on both sides

sandyf: @chattels I do not have any inside sources or contacts, just try and stick to factual information. It is a fact that Iraq has not met with the WTO since 2008. and is a fact that Kurdistan failed to implement the tariff law.

blackgold: The problem is once Iraq reinstates it currency, will the US still be able to control the oil, that is whats holding us up.

blackgold: Iran and Russia and a few others are running that pipeline, will Iraq go with them along with Turkey and others? A lot to worry about.

Tebow: Maliki was a puppet for the Iranians. That's why he is sways there.

sandyf: As a Scot I am not against self determination but history has shown in to very problematic, particularly on a regional basis. The Irish War of Independence is a good example.

Tebow: it's Iraq's oil to control

sandyf: @chattels Regarding your comment on 'normal'. Do you think it would be normal for an international bank to exchange a superseded banknote?

blackgold: As long as oil is sold in US dollars it will never be their oil. US is worried they might change and use Gold or the Yuan or Ruble.

blackgold: Thats what Saddam tried and Lybia and you see what they got

[pm]Zig: @sandyf : Hi....Been awhile....I forget: Do you have a background in Economics??

Hennessy: @sandyf do you mean to say our 25000 dinar bills now are superseded? or do you mean if/when there is an actual RV, our dinar cash will be superseded with new lower denominator bills?

blackgold: https://www.youtube.com/watch?v=XU5vQ1OgPjs

Hennessy: @sandyf and if its superseded, does that mean we can only exchange in iraq?

sandyf: @ Zig No I was an IT consultant on business and accounting software. Been around the dinar a long time and try and stick with facts. I see another post has disappeared.

[pm]Zig: Disappeared from where?

sandyf: @ Hennessy I think all the Iraqi banknotes have been superseded in the last couple of years so unless banks are flexible on normal policy , it may mean redemption in Iraq.

xyz: superspeculation

Zig: @sandyf :That has happened to my posts there as well at times if you meant the forum section....a glitch which I will mention to the site owner...

xyz: where is the evidence. please provide a link

sandyf: @ Zig I posted on the comments yesterday and that post is no longer there, same as my very first post.

Zig: @sandyf : As I wrote above that happened to me before as well.....will mention that to the site owner.....
Tebow: @blackgold most countries buy/sell oil in dollars. They sell their oil and get dollars like everyone else. Learns some economics.

xyz: @sandyf ... " Iraqi banknotes have been superseded in the last couple of years"

Zig: Well we could always charter a plane together to Iraq....lol

xyz: @sandyf thats totally misleading imho

blackgold: Not for long

sandyf: @xyz. I stick to facts and the facts are on the CBI banknote page.

Tebow: there has never been an annoucement from the CBI concerning pulling the 25K notes out of circ. They would have done the same as the 50 dinar note and gave a timeframe to exchange the notes.

Dave: phils phils phils.........

xyz: @sandyf i have been on cbi site and its the first time that am hearing the misleading statement. please cut and paste you reference from cbi. we been through this route of guru demanding that we believe their faith

Dave: fils? coinage is what I wannn see
Dave: @Tebow what is dropping 3 zeros?

xyz: @sandyf have heard of flashy screens that are yet to be proven
Dave: @xyz hehe

xyz: @sandyf i bought 25000 notes from citi this yr.
xyz: @sandyf please share the url and i will be more that happy to copy and paste from cbi.

sandyf: @xyz https://cbi.iq/page/89 - 2003 issue and a 2013 issue.

sandyf: Need to get in the garden before the temperature rises.

Dave: @sandyf will remain in tender until naturally worn out

[pm]Zig: From that page: "The two series will remain legal tender alongside in circulation until the old are naturally worn out."

Dave: @Zig ibid
 [pm]Zig: LOL

xyz: @sandyf am looking at that page ---- translated

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=https%3A%2F%2Fcbi.iq%2Fpage%2F89&edit-text= and can't find "banknotes have been superseded"

xyz: what am i missing?

Dave: @xyz nutting

pm]Zig: @xyz : Not much IMO.....lol

xyz: @Dave its guru stuffy
Dave: @xyz see what people put out

[pm]Zig: sandyf is not a Guru!!

Dave: fooled me

xyz: I too have crazy imaginations that i should to keep in private.

xyz: @Zig 10-31-2017 Intel/Newshound Guru sandyf One thing you can take to the bank is that if the Iraqi currency is ever redeemed following a significant rise in value, the exchange will not be 'normal'.

[pm]Zig: People interpret things differently.....intelligent people......

Dave: @Zig black and white and infinite shades of grey
Dave: @Zig welcome to the twilight zone

blackgold: Better learn how to turn your dinar into Cryptocurrency
blackgold: Uphold will let you keep it in different currencies. There are a few sites that let you do that

blackgold: once its digital you can do what you want with it
blackgold: at least some

blackgold: well have a bless night
blackgold: I just heard Beny was talking about bitcoin, i did not know, I didn't get this from beny

blackgold: so don't connect me to him
blackgold: I'm not callin da RB
blackgold: lol

Tebow: CryptOcurrency = Fake money!

spanki: -- this investment seems to be more shaky lately

spanki: i guess w abadi takin over kurdistan there is no more art 140 or revenue sharing so it is a unified iraq?

spanki: if i bought bitcoin instead of iqd 7 yrs ago i would be rich

Gagni: HI DEAR FRIENDS ANYONE KNOWS ABOUT CHINES ELDERS POSITION 
spanki: from what i am seeing and hearing of the economy we are heading for a recession
spanki: hey gagni-- i think the elders thing is guru talk--where u from ?

Gagni: INDIA
spanki: tennessee here

spanki: india banks paying out high interest, i hear up to 7%

Gagni: This next week will be historic. The monster will be crushed before Nov. 4th and the US Republic will be restored.

Gagni: pl explain this sentnces

spanki: what site you getting this from

Gagni: this one

Gagni: http://www.iqdcalls.com/Restored-Republic-via-a-GCR.html

Doug_W: @Gagni that sounds like an opinion which may or may NOT come true

Jo: @Gagni ask Judy Byington

Gagni: It has already begun and together with the IQD begins also with the Golden Gun Boxes. Ok? All cleared to start Trump signed the go ahead yesterday Officially rv started in reno Zim first then iqd

 IQD CHAT

Restored Republic via a GCR Update as of Nov. 2 2017

Compiled 12:01 am EDT 2 Nov. 2017 by Judy Byington

A. Oct. 1 2017 3:40 pm EDT GCR Intel Alert #2: Operation Disclosure GCR/RV Intel Alert #2 for November 1, 2017 https://operationdisclosure.blogspot.com/

1. Paymasters, Banks and Call Center personnel are as dazzled as we are, as to why they were told to be ready for the release.

2. The New Powers That Be (NPTB) gave out these pre-emptive alerts with a 2-3 day window that allowed room to release the funds unexpectedly.

3. Intel on the release was classified and would never be disclosed to the public, as it would threaten the security of the NPTB.

4. This was why the Mass Arrests must occur first, in order to ensure that the Cabal were completely contained.
....
5. It was clear that the GCR/RV would not happen on it's own, but would be part of one big massive event that would also bring forth GESARA.

6. Behind the scenes arrests of Cabal assets were on-going and indictments were being issued.

7. It was all scripted and happened in real time.

8. We were close, very close and the Mass Arrests would be the final blow.

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B. Nov. 1 2017 TNT Call: iTeleseminar.com/102769347

1. The purpose of today’s call on this Nov. 1 was to inform you about Abadi’s announcement that they may be speeding up the timetable.

2. It was also to tell you that we were looking for the end of this week (Fri-Sat Nov. 3-4) to send us to the bank, or tell us when we might be going.

3. Just because the RV was released, didn't mean that we had to run down to the banks that minute. We could wait to decide when to go to the banks.

4. We anticipated having a call on Fri. Nov. 3, with top-level information to share.

5. We were seeking confirmation on some intel right now.

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C. Nov. 1 2017 1:39 am EDT GCR Intel Alert: Operation Disclosure GCR/RV Intel Alert for November 1, 2017 https://operationdisclosure.blogspot.com/

1. Another release window has passed after countless others in the past. Now it is clear that the New Powers That Be (NPTB) will not change their plans.

2. The Global Currency Reset/Currency Revaluation (GCR/RV) will be part of one massive event which will include Mass Arrests and announcement of GESARA (restoration of the US Republic under guidelines of the original Constitution).

3. High level sources have confirmed that the intensity of arrests behind the scenes is increasing rapidly.

4. Pentagon sources also confirmed that the US Republic was being restored lawfully as we speak.

5. Recent indictments signifies how close we are to a main public event: Mass Arrests.

6. Paymasters, banks, Call Center personnel being put on ready status would not affect timing of the release.

7. The actual timing of the release depends upon the Mass Arrests, period. Watch the news, as it is all scripted to play out.

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D. Oct. 31 2017 10:58 pm, Intel Mr. Ed: "General Intel" - Intel Update (Real News) by Mr. Ed - 10.31.17

1. Recently (a 226 page) '$279 Trillion Lien' was placed against the 'International and American BAR' for seizing key 'Patents and Trademarks' used to create and automate their fraud machine. (Mortgages were Trademarks)

2. A 'Sovereign Bill of Lading' has been brought in favor of the 'The United States of America' (unincorporated - in lower case) and a 'Writ of Execution' has been issued.

3. 'Knowledge Centers' will be set up in all cities to guide people and teach about the changes that were made to the system without their knowledge.

4. All 50 'States' are now 'Nations' as of 2012.

5. The key players in this scam are 'Merrill Lynch' and the 'BAR Association' who bought off the 'Courts and Congress' and sold off 'Loans and Documents' into pieces via 'Patents'.

6. The system was created by the Navy and Marine (higher ups) and the Department of Defense systems which shut people out and favored segments like banks and governments by changing definitions and wording.

8. The JFK revelations will still leave out a few facts because a few of the perpetrators are still alive like Daddy Bush. (triggerman)

9. JFK stepped on too many toes. Printing a U.S. currency (Silver Certificates), CIA dismantling threats and Kennedy's secret deals with China & Indonesia, along with some of his Philandering, were the big reasons.

10. This week the new gold backed Treasury Reserve Notes (TRNs) will be trickling into the banking system and all old dollars (FRNs) will eventually be phased out.

11. The arrests of the top Cabalists and Oligarchs will occur. They had a chance to get a pass a few years ago but decided to fight us till their end. Now their only choice is to surrender with a total loss of wealth, or face death.

12. fascists will try an attack on Nov. 4. We are ready for them. The Militia might have to kill some. .

13. The Global Collateral Accounts are ready to be released to the Third World first to eliminate poverty. This will entail billions upon billions of dollars to the poor that need it the most.

14. JFK was going to release the GCAs before the banksters and CIA killed him.

15. Trump is releasing documents after 50 years.

16. Most of the conspirators are dead. China has punished 1,537,000 party members since 2012 in a massive effort to rid the country of Cabalists. Some were executed.

17. Investigators are releasing the names of companies and executives and their intentions to defraud WE THE PEOPLE. This damning evidence was found in the records of the U.S. Patent office in Washington D.C.

18. There was never a need for poverty, debt, war, disease and foreclosures. All wars were False Flags. Diseases have been man made. Things have been prepaid over generations, but stolen via paper theft and deceptive schemes. We have been robbed, poisoned and hung out to dry by greedy and evil Satanics for hundreds of years. This is ending.

19. Forget about North Korea. The 124th Intelligence Unit is in Kim Un's compound. North & South Korea will be reunited (once the Cabal was gone).

20. In California space based high energy weapons were used to start the fires. Tree bark is impervious to these selective weapons. Black SUV's were seen throwing fire at houses to help things along. The Government of California was behind this.Some of the residents were Cabal.

21. The Air Force is on alert and ready to shoot down any bad guys trying to escape their fate.
22. Arrest Warrants are ready for 98 Senators and 348 Congressman. (There were 100 members of the Senate and 435 in the House of Representatives, leaving only two Senators and 87 Representatives who would not be issued warrants).

23. If you want to see what the municipalities are hiding go to their CAFR Accounts and look at schedule 40 & 80. That's where they hide their money. Many of them don't even need to charge property taxes.

24. The scam upon America is ending. Vatican Jesuits (and their Rothschild Banksters), Nazis, Queen, Khazars and pedophiles are under attack. The Jesuits and their Rothschild bankers will be exposed as pedophiles.

25. They are behind the False Flags, Fires, Earthquakes, Hurricanes and Floods.

26. A new currency (gold backed) and world financial system involving all 209 nations is happening now.

27. The old corrupt system of theft from the people via fraudulent schemes has been identified and is being stopped.

28. The IRS funnels money to the Queen and Federal Reserve (Illuminati). This will end and the IRS will be abolished.

29. Stolen monies will be given back to the original owners. Poverty will end worldwide.

30. The perpetrators of 'JFK', '911' and Wars For Profit will be identified down to every level.

31. Massive arrests are secretly taking place everywhere.

KTFA UPDATE, 2 NOV

Samson:  A simulation of the dinar exchange rate linked to a basket of currencies

 2nd November, 2017

A short search to experience the simulator about linking the Iraqi dinar to a basket of
currencies with weights varying between 50% and 65% of the dollar and other currencies
remaining price (Dr. Ahmed Ali Abrihi) ... Click here       https://cbi.iq/news/view/462

Frank26:  1 ............. I have SHARED on the last 4 CC's .............. "Iraq will SWAP with the ME in a CURRENCY BASKET".
BUT 2 ............ Was still Rice Paper for me as of last night's W CC ........... So i only said ........ "IMO Tillerson will be returning to Iraq". 
And then there is that 3rd ............ That i sit patiently waiting to Knock Down the Doors of Iraq's ER and MR !!!
....
*************

Salamon69:  Oil also known as Black Gold!

Samson:  The price of a barrel acceptable to Iraq is $ 60

 2nd November, 2017

Oil Minister Jabbar Ali al-Allaibi said on Thursday that the price of oil acceptable to Iraq is $ 60, noting that Iraq "exceeded the stage of danger" in oil prices.

"The price of a barrel acceptable to Iraq of oil is $ 60," said Allaibi, told a news conference during a press conference in Baghdad, noting that "the unity of OPEC and the stability of the market lead to the improvement of the market."

Al-Allaibi said that "Iraq has exceeded the danger stage at oil prices after falling to low prices during the last year," adding that "Iraq with any opinion of OPEC leads to the improvement of prices."

World oil prices fell to their lowest level in January of last year 2016, which amounted to less than 20 dollars before gradually recovering to reach between 50 to 60 dollars per barrel.

http://sngiq.net/wordpress/?p=96890

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Samson:  Abadi, Regional Director of the World Bank: We must communicate in order to stimulate the movement of economy and development in Iraq

 1st November, 11:42pm

Prime Minister Haider al-Abadi on Wednesday stressed the importance of communicating with the World Bank in order to formulate economic policies that activate the economic and development movement in Iraq and work to increase employment opportunities, especially in productive activities.

Al-Abbadi's office said in a statement received by Al-Ghad Press that the latter "received the regional director of the World Bank and his delegation and discussed a number of issues related to the support provided by the World Bank and the trends that should be followed to improve economic performance and reduce the unemployment rate."

Abadi stressed during the meeting "the importance of communication with the World Bank to develop economic policies that activate the economic and development movement in Iraq and work to increase employment opportunities, especially in productive activities, including small units and increase their effectiveness."

For his part, praised the World Bank's regional director, "the achievements of Iraq in defeating terrorism and the extension of the law," referring to "the World Bank's decision to add 400 million dollars to the amount of the bank loan and expand the sectors covered by it and increase the number of areas covered by.  Abadi stressed that "the education sector is given an appropriate priority to ensure adequate working conditions for this important sector."  LINK

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Samson:  Russia, China to extend currency swap deal

 1st November, 2017

Russia and China signed a deal in 2014 to trade in their own currencies

Russia says it is discussing with China extending an agreement to carry out trade by using their mutual currencies instead of the dollar.

Russia’s Deputy Prime Minister Sergei Prikhodko was quoted by media as saying that the agreement could be extended for another three years.

"At present, financial regulators of the two countries are working on extending the bilateral currency swap agreement for the next three years,” he said.

Prikhodko added that settlements in national currencies are gradually increasing. “In 2016, the share of national currencies in payments for exports of Russian goods and services amounted to 13 percent, imports, 16 percent. In the first quarter of 2017, these figures rose to 16 percent and 18 percent, respectively," he was quoted as saying by the website of the Russian television news channel Russia Today.

The official further emphasized that China has developed a system of cross-border payments in yuan, the China International Payments System (CIPS), to expand the use of its national currency in international payments. He added that some Russian banks have already joined CIPS.

The Russian National Card Payment System (NSPK) and China's UnionPay have agreed to process domestic Russian transactions using UnionPay cards in NSPK. This year the two countries plan a pilot project of UnionPay and Rosselkhozbank for issuing co-badging cards with Russia's Mir payment system, RT.com added in its report on Prikhodko’s comments.

In 2014, Russian and Chinese central banks signed a three-year ruble-yuan currency swap deal worth up to $25 billion, with the aim of boosting trade using national currencies and lessen dependence on the dollar and euro. Russia’s largest lender, Sberbank became the first bank in the country to start issuing credit guarantees denominated in Chinese yuan, the report concluded.

http://www.presstv.com/Detail/2017/11/01/540588/Russia-China-to-extend-currency-swap-deal
Dinar Updates:

BGG   Who's going to pay the tab for the RV...not Iraq.  It's going to be the world.

 Who's going to buy their currency at a much higher rate...not Iraq...everybody else.

You can RV your currency at whatever number you want, but if there is no one to buy it, you don't have an RV.

Responding to the IMF, WB, and UN...they have to get their expenditures under control and...they are working on that now.