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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, November 21, 2017

Dinar Investment Update (RANT #26)

An international investigation team reveals to Ebadi the rampant corruption in the dollar auctions of the Iraqi Central Bank, 21 NOV

A source close to Iraqi Prime Minister Haider al-Abadi said on Monday that the international team investigating corruption files in Iraq, Abadi told the involvement of dozens of Iraqi officials to waste public money and stolen through the dollar auctions of the Central Bank of Iraq.

According to the source, "the investigations revealed that Iraq is wasting large amounts of money, sometimes amounting to one billion dollars per day, because of the difference between the dinar exchange rate between the auction and the black market." 

He added that "the auction was not controlled because of the entry of banks not approved daily auctions and benefit from the exchange rate without realistic processors, in addition to the introduction of ten companies and money exchange in the auctions, without effective control," noting that "most of the banks owned by Iraqi officials or They have big shares in them, and entering the auction means raising the capital of the bank ten times a year at the expense of blocking the dollar at the state price for the ordinary citizen.

The source said, "The team informed the Prime Minister, Haider Abadi, the completion of the investigation of the auction file, and disclosure of funds deposited in foreign banks to dozens of Iraqi officials." 

He stressed that "Abbadi directed the Central Bank to adopt international classifications to give banks the dollar and engage in auctions, in exchange for maintaining the dollar exchange rate, which remained stable at 1180 dinars to the dollar," pointing out that "the Central Bank is currently taking procedures to write off 24 out of 42 A bank involved in daily auctions to sell the dollar. "

http://www.basnews.com/index.php/ar/economy/2017-01-26-12-23-03/394109

IQD Dinar News Update (RANT #25)

TNT CC NOTES, 21 NOV

Replay: 641.715.0623, PIN CODE 409029# https://events.iteleseminar.com/?eventID=103231326 


[Fireworks and party sounds followed by Pomp and Circumstance] RayRen: Good afternoon, TNT super-fantastic family! Today is Marvelous Monday, November 20 2017, with yours truly RayRat98 at the controls. 


We’ll get right into a little bit of information; as the tweet said, “things are looking good for this week.” I was hanging out in LA, so we didn’t have a call on Friday due to lack of news. So I will start with some intel for the intel-only people. There are some things we need to evaluate before the end of the year. 


During any year, there are opportune moments to receive money depending on how it’s structured, treated, and taxed. We don’t speak a lot about how this funding is treated, but that will become important. Most of us look at how/whether it is taxed, and that will have a lot to do with how it is treated. These are all details that will come out in the wash. However, at this time of the year, even as we are anticipating the release of the RV, we have to address this question. 


As soon as the release of the RV becomes prevalent, we then have to ask “should I make a move now?” When the RV is released, it becomes our choice or decision whether to make a move 100%, partially, or ‘not yet’. Those going for contract rates want to jump in right away, because the regular rate will never grow to the contract rates. Those who don’t want the contract rates and its NDA, those people will have to wait on some things. I’ve always advocated waiting to see what will take place in the coming days or months. 


As we approach the last month of the year, if we don’t have the release this week, then we are heading into December. I’m feeling optimistic about this week, but realistically we may be looking at December, and therefore we might want to wait for another reason: for reasons of taxation. IF the exchange is taxable, and it is released any time between now and 1. January, then the tax will be applied immediately. 


That means it’s effective for 2017, with the full brunt of taxable activity of what you did in 2016. If you wait until January 2018, that gives you all of 2018 to apply your tax strategies, because no tax will be due until 2019. You can at least put that money to work to generate some income to cover those taxes. So we need to look at the numbers and see which is the best way to go, mathematically rather than emotionally. So keep that in mind as we watch what happens in the next week or month. Let mathematics take the lead rather than your emotions. 


Now, what information do we have to discuss. The most current information … there was some stuff over the weekend that was not verifiable. The proof is in the pudding and there is no pudding yet! We did send out this update on Sunday: It was reported that earlier today Iraqi TV interviewed Masoud Barzani announcing that the referendum has been officially canceled. [Now the celebrations can take place, I believe this is what PM Abadi has been awaiting!] 


Contractors are expecting back pay distributed over a few 30-day segments. It is being cautiously expected for these back pays to be at the new rate! This is a big thing, because the PM was waiting for full unity in Iraq before economic reforms would be complete. 


The referendum was cancelled, which indeed the Kurds was not viable according to the constitution. There is possibly an issue at Kirkuk and who has what now compared to what was arranged beforehand. We do know that the territorial boundaries have been secured to/by the government of Iraq. 


There may be lingering issues around Kirkuk and Rawa for which they may require resolution; I don’t know of any other problems that would hold up this release. I don’t think the 2018 Budget will hold this up any further. I think everything has been done that needs to be done, at least from Iraq: announcement of the liberation and revaluation of the currency. People being owed money will be paid in monthly chunks, and celebrations are still planned. 


Everything is set up for the biggest celebration ever to take place in Iraq. There were alerts coming into the weekend, and now we are having those again in some of our US banks. They are ready for anything to happen between now and Thanksgiving. However, when this pops, we may have to wait for better rates, and/or until January. Here are some numbers to use in our evaluation. Let’s say we take a one million dollar exchange, just to get an idea of the numbers. 


Let’s say you receive one million dollars in a 30% tax bracket; that’s 300 thousand in taxes. If you have an investment at 12% per year, one month will yield $10,000. So you might pick up 10K and pay 300K in taxes. If you wait until January, then you have a full year to make 120K, even though you still pay 300K in taxes. There are also strategies to reduce your tax burden that we’re not going to talk about here and now. How do you find out your best strategy? By doing the math. 


Questions from the TNT forum 


Q: Just wondering if we have passed the date that you were given and waiting confirmation of for this to happen? 


A: Yes and no. The original date I was given to look forward to, before it arrived that date was modified. The ‘expansion’ means the revised date has not yet come and gone. 


Q: On the past few calls, you have been suggesting that we may be better off waiting to exchange our currencies after the toll free numbers are released. Could you elaborate on this? What intel have you received that leads you to suggest delaying exchanges? [RR: Just talked about that.] Have you received any further information concerning the 80/20 exchanges of the Zim? [RR: No.] Would you please share with us information you have received from people you know who have exchanged? Any heads up you can share? 


A: Nothing new, nothing not already shared in the past. 


Q: Has there been any word from dinar dealers about running out of dinar to sell?? 


A: I haven’t heard of any dealers having inventory issues/concerns – yet. 


Q: Do you know any banks in Alaska actively exchanging dinar? 


A: Nothing on my list, but I seem to remember someone mentioning such a bank in Alaska. If any of our Alaskan members know of any bank exchanging dinar today, please let me know. 


Q: Do you know if the WTO reinstated the dinar? There was supposed to be a meeting with Iraq and WTO on Friday at 10am to do this with them.


A: Strange as it may seem, I haven’t heard anything about that WTO meeting with Iraq on Friday. 


Q: Any recent information re caps on amount that can be traded at contract rates? 


A: Nothing new since what we were told two years ago about contract rates. So nothing has changed as to what we have received here at TNT> 


Q: Have you been made aware of any US Military Officers abroad that are able to make exchanges with any of the currencies that we are holding at this time or are they still waiting like the currency holder in the US (civilians / military)? 


A: I haven’t heard of anything concrete about military officers exchanging outside the US. 


Q: Regardless of the tax percentages, and not getting into politics, would we be taxed based on the day we exchange our currency in 2017 (ie., approximately 41 days) if for example we exchanged today. 


A: So far as I understand, if this is taxable, that tax becomes applicable the day you exchange; it would not be prorated. 


Q: Not a tax expert, but I believe if people purposely delay the exchange to 2018 thinking they wouldn’t have to pay the corresponding tax until April 2019, then your 2019 taxes will determine that you UNDERPAID taxes in 2018 and you may be forced to pay penalties. So, I believe when we exchange, we will be forced to pay quarterly taxes in 2018. 


A: How could that be so? If you decided to exchange in 2018 rather than 2017, how can they tax you on something you don’t yet hold? I don’t see that. And who can force you to pay quarterly taxes? I think we need to discuss this 1:1, because what you are saying doesn’t make sense to me. 


Q: I wanted to ask if I am correct in my thinking. The bank rates showing on currencies are the banks buy rates. If we are selling ours to the bank then we would receive up to 50% less. Is this correct? 


A: I don’t’ know about the percentages, but YES, you are going to receive less than the rates we know exist. Let’s say the IQD revalues and the rate is $100, which would mean $100 per dinar. You go to the bank, and they will ask, “buying or selling?” If the bank selling to you, the rate is $100 per dinar; if the bank is buying it from you, the rate is (say) $90. That is how the bank makes its money, in the ‘spread’ between buy and sell rates. Every currency the bank handles will have the same difference between buying from you and selling to you. The savvy negotiator may be able to negotiate something closer to the sell rate, if they have enough for them to consider cutting their profit margin up front, especially if you are offering them a great deal on the back end. 


Questions from live callers 


865/404/770 caller: In the past, we have been reminded that there are still some missing laws in Iraq. I notice four more laws have been passed. Have they now passed all the necessary laws, and have they been published in the Gazette? 


RayRen: I don’t think there are any further laws required. I still don’t know what those four laws were, so I don’t know if they are a missing piece of this puzzle. I think the missing pieces are the territories like Kirkuk. 


Caller: I like it when you mention contract rates; what’s the latest on the length of time those contract rates will be available? 


RayRen: There has been no mention for quite some time, neither on the contract rates nor the amount of time they will available. As there is nothing new to discuss, I assume there is no point asking or talking about it. I assume it’s still status quo, that there are still contract rates, and they won’t last long. We launched that twitter campaign a few years ago, and we were assured that it would be fair and equitable, AND that the contract rates would not last long. 


610 caller: if you are financially able to donate, please send your checks and money orders to Ray Renfrow, PO Box 1748, Elm City, NC 27822. You can also find the address at www.tntsuperfantastic.com; click on the Donate button and send your check today. 


301 caller: I notice that when Iraq does any rate changes, it’s always been either in April or September. Do you think they will get off that schedule? 


RayRen: Most definitely. They promised their citizens that they would revalue their currency for great purchasing power ‘in the coming days’, not April or September. 


Caller: I hope they will wait until January because then the new tax laws will be in place, and in 2018 we will have more we can write off. 


RayRen: I might wait until January for those reasons; I don’t want Iraq to wait until January. If they change their rates tomorrow, I might still wait until January. If I go to the bank, they are going to ask what I have to work with. Today, I could exchange my dinar at $900 per million, but I might ask for a loan to get me through the holidays. 


What are most of us going to do between now and the New Year? Eat a good dinner at Thanksgiving, exchange some Christmas presents, and stay warm. I don’t need to have a lot of money until 2018 anyway! And there might not be taxes on this in any case. But I want to get my money working at a minimum of 12% per year, before I have to pay any taxes. Plus, there is the possibility of the rate going up do to market forces; do the math, and see what is the sweet spot for you to get the best deal. 


There are some members who have no intention of riding the market, but they might understand this tax strategy to get them through to January, doing only what is necessary. Let’s say you need a car; you could get a few dollars and rent one for the rest of the year, and then buy what you want in January 2018. The same may be true of housing: rent something through the rest of the year and then buy something at the right moment. How many solutions are available for your issues and conditions? 


We have to look past the ‘only’ solution to getting your situation resolved. Look at a number of ways and then choose the most beneficial. Personally, I am going for the contract rates for any currency I can, so I’m not going to sit on my hands. If there is no contract rate for Zim or rupiah or rial, then I may decide to wait on those currencies. It’s a matter of ‘if the glove fits, wear it’; your size of glove may not be the same as mine. 


If you are going for contract rates, go straight to the bank; if not, wait and assess the situation. Yes, a bank might say, “We will do X if you leave Y percent under our care”, and if the numbers work for you, there’s nothing wrong with that. Let them handle it, so long as they cut you a check every month, or every quarter. 


That is a completely different from what happens when you sign an NDA. If you sign an NDA, you’d better be prepared to keep to the terms and NOT DISCLOSE those details. But that is totally different than making a agreement with the bank for them to hold your funds in exchange for higher rates or better perks. 


423 caller: When I discussed this issue of waiting until January with my husband, he said that the tax return asks if you have foreign currencies and pay tax on its worth. 


RayRen: Since when do you pay tax on value? You pay income tax on money you have paid, not money you are holding. So that question would be about whether you’ve made money on those dinar, not if you are holding dinar. I’ve never heard of anyone being taxed on simply owning currency… although they will tax anything you have made IN other currencies, such as earning an income overseas. All money is not taxable: if you get insurance proceeds or a grant, those are not taxable, although they may want information on all the money you have received. This is where we let our professionals help us understand what is taxable and what is not. 


208 caller: Do you feel this will happen before the end of this year? 


RayRen: Based on the information I have, yes. 


918 caller: In your update on 14. November, you said something about knowing a date that the RV might be released… 


RayRen: I responded to that earlier; that date was extended, and we have not yet reached the extended date. We are still in that window, and I do believe we will see this before Thanksgiving. 


409 caller: When the rate fluctuates, we are fearful that it will be short window and might miss out by being patient. 


RayRen: What do you think will be a short window? When the rate goes up? Let’s address what I think will be the reality, and I will use hypothetical numbers so everyone can follow this example. Currency will come out at (say) $100 per dinar. That is the established rate for the country’s currency. The market will buy, sell and trade the currency; there will be a frenzy and that $100 will climb to $200 but only for a few days. That’s what we mean by riding the wave – why exchange on Monday for $100 when we could get $200 on Wednesday. Fairly quickly it will drop back down, but it won’t go below the international rate, and there will not be a window for exchanges in general. It’s the international rate – you’ll always be able to exchange at that rate. 


IF they do decide to put a time limitation on exchanging these currencies, we will find out and we will let you know. I can’t see it happening, but if it does, we’ll let you know. 


410 caller: So… let’s say we go in to exchange now, will there be tax implications this year? And then the tax laws change in 2018 – will there be a double whammy? 


RayRen: If you exchange before the end of this year, taxes will be due in April 2018. If you exchange after the beginning in 2018, you will start paying taxes in 2019. 


Caller: I’m going for the contract rates – is it worth doing that if this is taxed? 


RayRen: A lot of people get freaked out at taxation; I know people who have refused to take up good opportunities because they’ll pay more in taxes. Let’s say you take up the international rate at 1:1, and you pay 500,000 in taxes for one million dollars. If the contract rate is $20, you pay 10 million in taxes, but you have 10 million to spend or invest. We have to stop the IRS preventing us making sound moves based on what you THINK they will do; hire professionals who can give you sound advice. It’s going to be a different economic reality, and it will be so worth what you pay your professional team. [Caller agrees.] 


386 caller: Re: Zim, will there be a time limit on how long we can exchange it? 


RayRen: I really don’t know the details on Zim, but I do know we will get something for it. The minute I find out the details, I will tell you – unless you find out first, and then you can tell me! 


Folks, sit on everything except Zim, if there is a time issue. Some information I have received tells me that Zim is going to be around awhile. When I feel better about that, I will share it with you. We are being positioned so that as soon as certain information I’m looking for comes in, out it goes to you. 


OH caller: Are you having a call on Wednesday and Friday? 


RayRen: That’s the plan right now. 


717 call: I plan on doing the contract rate; if not, I realize the market may fluctuate and double the international rate. Can I digitize my dinar and leave instructions for the banker to exchange when I get to a certain rate? 


RayRen: I don’t think you can digitize dinar in the US. 


501 caller: Everyone is talking about taxes, Nobody is talking about the regulation in the IRS code saying that if you obtain a large amount of money before the end of the year, you have to send in an estimated tax assessment. I didn’t do that one year, and got fined a LOT in the following year. It’s there in the fine print if you look it up. 


RayRen: I meant the full tax would be due in April; you do have to file quarterlies, and that means you shouldn’t have to pay too much more the following April. 


KAZ caller: If your information holds, and if it goes this week, do you think that banks will be open on Thursday and Friday? 


RayRen: It’s possible that some may be. Last year people were on call at Thanksgiving, when we were expecting this to go last year. If we find out that is a fact this year, we will let you know. 


Caller: [cannot understand this caller] I heard that we will not be taxed on the currency you bring into the country – that the exchanger/dealer has to pay tax. So we won’t pay tax because the dealer has already paid the tax. 


RayRen: I don’t know anything about that. However, it’s perfectly possible that the dealer will be taxed, and we will be taxed as well. Let’s say your company paid tax on its profits; you would still be taxed on your income from the company, or your share of the company profits. 


805 caller: You’re talking about waiting until January… just how long do you think the market rates might appreciate? 


RayRen: I only mentioned January as a tax strategy. I think the market rate will take off very quickly, so if you’re watching the market you need to exchange at the rate you are comfortable. You need to watch it every day, kind of like playing the stock market. I can’t see it going high for more than a week. When the enthusiasm wears off, it will bottom out again at the international rate – so we can’t lose. But if it pops this week, for sure don’t wait until January if you want to ride the market wave. Those who don’t want to ride that wave, and don’t want the contract rates, those people might as well wait until 2018 – if it is taxable, and we just don’t know if it will be or not. 


Caller: Also, the dinar may rise at X rate, and dong might go up more slowly. 


RayRen: That’s right. If you are holding multiple currencies, you need to track each one separately. The good news is that there will be some information on rates and trends, so it’s not as much a guessing game. 


Caller: in chat the other day, you said something about nine currencies, and that some may come out at the same basket, but others might not. 


RayRen: There are all these things that are supposed to happen, but no one knows for sure. I have been told that there are nine in the first basket, with 4-5 coming out in the first minutes, and the rest in an hour or a day, closely thereafter. 


So I believe 24 hours will not hurt, unless you are going for contracts. Let us find out as much as we can, and then you can make an informed decision. There might be a window to move on the first 4-5 so you can position yourself better on the next 4 or 5. 


Closing Statement All this information pertains to the group, not to one particular person and their unique circumstances. You have to pick which drum you want to move you, and what rhythm you choose. I’m just trying to give you the information I have; you have to choose if you want to move to 4/4, 3/4 or whatever. 


Some will move lightning fast, others will wait for weeks; I don’t know your strategy. My focus is on giving you the tools to get you there, and so far as I’m concerned we ARE there. I can’t do any more to prepare you for this RV. If you don’t believe it’s happening, there is nothing more I can do for you. 


For those who are ready to take advantage of this, who are saying “I want to get one billion or one trillion out of this”, that’s who I am talking to. You can get a car or a house with a job; I’m looking way beyond that. I’m looking for a bigger result at the end of all this… 


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

DINAR GURUS UPDATE, 21 NOV

11-21-2017  Intel Guru RayRen98   [Do you feel this will happen before the end of this year?] Based on the information I have, yes.  [In your update on 14. November, you said something about knowing a date that the RV might be released…]  ...that date was extended, and we have not yet reached the extended date.  We are still in that window, and I do believe we will see this before Thanksgiving.

11-21-2017   Intel Guru RayRen98  [I notice that when Iraq does any rate changes, it’s always been either in April or September.  Do you think they will get off that schedule?]  Most definitely.  They promised their citizens that they would revalue their currency for great purchasing power ‘in the coming days’, not April or September. 

11-21-2017   Newshound Guru Apmcrx  "Summary of the Annual Meetings Report of the International Monetary Fund and the Talks of the Credit Union (Third Round) and the visit of the Governor of the Central Bank to the UN Security Council"   Quote:  "De La Rue’s two main rivals, Munich-based Giesecke & Devrient (G&D), and Oberthur Fiduciaire, a French firm, date back to the mid-19th century."    IMO is really interesting that CBI mentions the banknote printers De La Rue and Oberthure...

DINAR IRAQ & DONG VIETNAM UPDATE, 21 NOV

The Central Bank announced that the localization of salaries will include the private sector after the completion of the public sector, indicating that the project will settle salaries will have a significant impact on the Iraqi banks through stimulating and improving techniques and modern services. “The Central Bank of Iraq is leading the transition from a monetary society to a non-monetary society through the use of modern electronic payment tools,” said the director of the payments department at the Central Bank, “Economic News”, indicating that “the first project to achieve the transition to A non-monetary society is a salary settlement project that we have completed infrastructure. ” She added that “the project to settle salaries aims to bring deposits and the dissemination of banking culture within the community,” pointing out that “the project of localization of salaries will have a significant impact on Iraqi banks through stimulating and improving techniques and modern services.” She pointed out that “we have a plan to absorb all the ministries and then the expansion of the private sector,” adding that “dealing with the cash caused great losses to the Iraqi economy, both visible and invisible.”
****
Last week abadi announced the war against corruption will start January 1st 2018 and same 2018 will be the year of Iraq economic recovery “He added that Abadi will launch his campaign against financial and administrative corruption in the organs of the state in particular within the comprehensive report launched his fight against corruption this early next year 2018 will include corrupt and smugglers of public funds abroad and involved in money laundering. Abadi sought to declare 2018 years of economic prosperity and the eradication of corrupt, he said.”
****
20th November, 2017 Summary of the Annual Meetings Report of the International Monetary Fund and the Talks of the Credit Union (Third Round) and the visit of the Governor of the Central Bank to the UN Security Council  Click here to download https://cbi.iq/news/view/495 Excerpt from article: Old money Trust creates a high entry barrier into the industry. “Few firms can do what we do and those that can have a long history and established relationships with central-bank clients,” says Tim Cobbold, De La Rue’s chief executive. The business was founded in 1813. Portals, a firm it acquired in 1995, has an even longer heritage: it began supplying banknote paper to the Bank of England in 1724. De La Rue’s two main rivals, Munich-based Giesecke & Devrient (G&D), and Oberthur Fiduciaire, a French firm, date back to the mid-19th century. De La Rue’s stock has recovered the ground it lost in 2010. Investors with one eye on the euro-zone crisis are aware that the firm has a proven ability to design, print and deliver brand new currencies against a tight deadline. Its accomplishment in supplying 1.75 billion new Iraqi banknotes, starting just two months after the country’s interim head called for a new currency, is especially notable. De La Rue’s plants in Britain, Kenya, Malta and Sri Lanka switched to a seven-day working week to meet the deadline, and the firm chartered 27 Boeing 747s to deliver the freshly printed banknotes. Countries that might need to conjure up a new currency quickly know who to call.

JARED RAND MORE INFO, 21 NOV




TNT UPDATE, 21 NOV

TNT:

Tuesday UPDATE for November 21, 2017

Iraqi TV is announcing Hezbollah withdrawing from Iraq today stating that their mission was accomplished now that ISIS is eliminated from the country. [Where's the "full liberation" announcement?]   A Finance Minister was on Iraqi TV indicating that they are the second largest oil producer in the world and will have major influences in the international world.

RustyBucket:  So, the 25th is the start of the big party and last 4 days. Somewhere in there we should realise what we have been waiting on? I hope they don't pull another oh, one more thing stunt again. God, please.

Smitty76:  Will they roll out the RV prior to their celebration?,,, hope so, What say you?
Yada:  Rustbucket,,im of the mind this is it,,especially with the referendum considered dead and all of Iraq is united,,, Im expecting us all going to our Thanksgiving dinners knowing we are wealthier

Briona:  I hope you are right yada, we will know shortly...

GoodTimes1:  Another holiday of being asked, so hows that Rv working for Ya?

Suggar:  Goodtimes that is when you smile and say fine ......with excitement

Rogue:  i like most of you are dreading the holidays... meeting some of the people i told about the GCR. that darn "black Friday " and "Ramadan" again. I am comfortably numb but they will have to poke the bear, so i will just smile and say "i still believe"..

Ninjagran:  Just smile mysteriously and say you can't talk about it

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

Harambe:  CNBC: Middle East tension may not mean what you think for crude oil https://www.cnbc.com/2017/11/21/middle-east-tension-may-not-mean-what-​you-think-for-crude-oil.html

Harambe:  AP News: Zimbabwe's Parliament opens in effort to impeach Mugabe https://apnews.com/a560cf7545574991b1bc9aafc1ebf5c3

OldCrow:  WSJ reports trhat KRG has for stepped up US mediation in the Kurdista​n-Iraq struggle: https://www.wsj.com/articles/kurds-warning-of-hostilities-in-iraq-appe​al-for-a-u-s-envoy-1511220156

BestBuy:  Hezbollah says ready to pull forces from Iraq after IS defeat https://www.yahoo.com/news/hezbollah-says-ready-pull-forces-iraq-defea​t-170719554.html

Harambe:  BBC: Zimbabwe's Mugabe urged to quit now by ex-VP Mnangagwa http://www.bbc.co.uk/news/world-africa-42058360

"Jared Rand Told us How to Get our RV" by Neo - 11.21.17

Jared Rand did a 5 and 1/2 hour call Sunday Night.... Answering questions...

Many are wondering if he was telling the Truth....

Its virtually impossible to speak with confidence and without hesitation for that long and be lying..

Try it.. Do your own call for 5 hours on a difficult subject (like microbiology) and lie your way through it...

So lets get a little crazy and just assume he was truthful... He told us how to get our RV...

He said the Most Powerful force on Earth is a group of people Focusing and Directing their Thoughts at one Time.. More Powerful than any technology...

He told us who created this opportunity and Who is In Charge....

The Galactics, The European Sovereign Families, and The Chinese Elders...

So if we Focus our Thoughts and Feelings (heart), As a group of People, for 1 Minute each day at a specific time..... We will make a difference....

Direct your Thoughts to the Galactics, European Sovereign Families, and the Chinese Elders...

We all have 1 minute we can spare. You can Focus your thoughts even if you are driving your car or cooking dinner.... Just picture in your mind:

Your Exchange
Your Projects
Using the Med Bed...
Flying the Anti-gravity Scooter...
All of It....

Focus, Meditation, or Prayer are all the same, Just Visualize what You Want...

Jared Rand said, "you get what you Think about"

Lets Do It... 60 Seconds....

9:00 pm Eastern time
8:00 pm Central time
7:00 pm Mountain time
6:00 pm Pacific time


One Minute Focus your thoughts at that time no matter what you are doing...

Don't worry, The Conference Calls at that time always starts a couple minutes late anyway...

Do It..!! What else are we going to Do???

neo

PS. When my dogs want food they come and sit quietly at my feet and stare at me....
You know what happens when they do that??? I get up and feed them....

From Philip Tilton's FaceBook page:, 21 NOV

The Federal Reserve will be a benevolent structured banking system that will distribute new currencies to all banks....like the old Fed but now it will run on the new Quantum banking system....everything will just morph into goodness....the cabal world is being outed and exposed and transformed....old restaurant new ownership....smooth transition...only us currency kids will know the difference...plus will have a few more bucks in our wallet.

Zimbabwe's President Mugabe Has Resigned - Speaker, 21 NOV

18:47 21.11.2017(updated 18:57 21.11.2017)

The Zimbabwean parliament speaker has said he had received a letter from Robert Mugabe that reads that the president his resigning.

In a letter, Mugabe said that he decided to step down to allow for the smooth transition of power in the country, according to Reuters.

"I Robert Gabriel Mugabe in terms of section 96 of the constitution of Zimbabwe hereby formally tender my resignation… with immediate effect," the letter reads, according to AFP.  Link

DA CHAT, 21 NOV

Kaperoni   Moderator    Central Bank of Iraq (CBI) News
An international investigation team reveals to Ebadi the rampant corruption in the dollar auctions of the Iraqi Central Bank

Dozens of Iraqi officials are involved in waste and theft of $ 1 billion a day ...

20/11/2017 - 13:47   Economy / Iraq   An international investigation team reveals to Ebadi the rampant corruption in the dollar auctions of the Iraqi Central Bank

A source close to Iraqi Prime Minister Haider al-Abadi said on Monday that the international team investigating corruption files in Iraq, Abadi told the involvement of dozens of Iraqi officials to waste public money and stolen through the dollar auctions of the Central Bank of Iraq.
 ...
According to the source, "the investigations revealed that Iraq is wasting large amounts of money, sometimes amounting to one billion dollars per day, because of the difference between the dinar exchange rate between the auction and the black market."

He added that "the auction was not controlled because of the entry of banks not approved daily auctions and benefit from the exchange rate without realistic processors, in addition to the introduction of ten companies and money exchange in the auctions, without effective control,"

noting that "most of the banks owned by Iraqi officials or They have big shares in them, and entering the auction means raising the capital of the bank ten times a year at the expense of blocking the dollar at the state price for the ordinary citizen.

The source said, "The team informed the Prime Minister, Haider Abadi, the completion of the investigation of the auction file, and disclosure of funds deposited in foreign banks to dozens of Iraqi officials."

He stressed that "Abbadi directed the Central Bank to adopt international classifications to give banks the dollar and engage in auctions, in exchange for maintaining the dollar exchange rate, which remained stable at 1180 dinars to the dollar," pointing out that "the Central Bank is currently taking procedures to write off 24 out of 42 A bank involved in daily auctions to sell the dollar. "

http://www.basnews.com/index.php/ar/economy/2017-01-26-12-23-03/394109

kw      Well well...this is news!

monty.monks.007    I think that we could see something change very soon with the currency auction, and thel 2 % spread.

LovesBudgies    Kap et. al. --what effects fo you think the recent passage of the CBI banking law will have on transparency and cracking down on the auction corruption? I know they are now supposed to have 5 outside board of directors as part of it.  Who makes up the "internaional team" of investigators?

Punisher     1 billion a day!!!! That is worst than even imaginable. Now that this is out in the public open they are gonna have more pressure to stop the darn auctions!

Paxx      What a slow process. Sometimes I don't think this will happen any faster then Viet Nam, South Korea any other developing country. Which begs the question. Why I am in this again? [:/] Seriously though, thank you so much Kap for your day to day efforts to shine light in their developments.

Kaperoni   Moderator    I would assume its the IMF and UST as stated in the Article IV helping with the spread.  They should have several months of info by now to go after the corrupt.

Kaperoni    Moderator  International investigators reach Abadi , the involvement of dozens of officials of wasting money through the auction currency

21/11/2017  Number of readings: 55 - Issue (4068)

reported close to Prime Minister Haider al - Abadi source, on Monday, that the private international team to investigate corruption in Iraq files, told Abadi , the involvement of dozens of Iraqi officials wasting public money stolen through auctions Dollar Bank Iraqi Central.

The source said in a press interview, " The investigation revealed that Iraq has wasted a lot of money sometimes up to one billion dollars per day, because of the exchange rate of the dinar between the auction and the black market price difference."
"The auction has not been brought under control due to the entry of banks are not supported auctions daily and take advantage of the exchange rate difference without realistic treatments, as well as the introduction of ten banking companies and money transfer in the auctions, without effective control , " he said, adding that "most banks owned by Iraqis or officials where they have large stocks, though entering the auction means to raise the bank 's capital ten times a year to withhold the dollar at the price of the state for the ordinary citizen account. "

The source continued, " The team told the prime minister, Haider Abadi , the completion of the investigation file in the auction, revealed the money that is deposited in foreign banks to dozens of Iraqi officials."

He stressed that "Abadi , the face of the Central Bank of the adoption of international classifications to give banks the dollar and bring them into the auctions, versus maintaining the dollar , which has remained stable at 1180 dinars per dollar exchange rate", pointing out that " the central bank is currently under sentence procedures to write off 24 out of 42 banks involved in the daily auctions to sell the dollar. "

http://almadapaper.net/ar/news/539051/%D9%85%D8%A7%D9%84-%D9%88%D8%A3%D8%B9%D9%85%D8%A7%D9%84

​mike 
  Moderator   "most banks owned by Iraqis or officials where they have large stocks, though entering the auction means to raise the bank 's capital ten times a year to withhold the dollar at the price of the state for the ordinary citizen account. "

The whole world knows that Iraq is corrupt, their leaders are complicit and pioneers in manipulating the currency auction in Iraq. What's missing is the political will to punish those in power who are using these auctions to benefit themselves at the expense of the people. We all know that there's never been a billion dollars go through the currency auctions but it's pretty spot on when you look at it for a month's time frame.

Iraq needs more banks, reducing 50% because of corruption is one step forward and one step back. Pass the deposit laws and allow the free market to grow and expand. A part of that is allowing these private banks to enjoy the benefits that the state banks have (Rafidian etc.)instead of funneling 95% of Iraq's revenue through banks one institution.

The UST has been in Iraq for over a year, they know who's corrupt and where the money's gone, discovering that isn't the problem. The problem is Iraq's lack of charges, trials, convictions and penalties for the larger players like Shahristani, Maliki, Badr, Ameri and a slew of other senior Shia leadership.

If not the Iraqi's themselves, the US needs to freeze and confiscate those with funds outside of Iraq, it will expose the crooks and take the one thing they really seem to value. Their money. Without it, they can't fund their militia's and patronage to those who support them.    IMO 

Tobyboy      I remember months ago they were told of the corruption of funds in the CBI and here we are almost another year and they have not done anything about the corruption. Been saying for long time most of the politicians are corrupt. Until you weed of the corrupt politicians nothing will happen.

I am sure Abadi is not going to have his shia friends & relatives arrested. Will probable go after the Kurds & Sunni's rather than his own party instead of the big shia whales causing most of the corruption.

Abadi has known for a long time now who are corrupt and which companies are involved in the corruption, I had said this well over  year of his knowledge. You have to be a moran not to know. Again follow the money trail, you can not move the hugh amounts around without leaving a trail.

After all this time of passing the anti money laundering law & I don't believe they have activated this law yet. They only passed the law to apease the IMF. so they could continue receiving funds from the world bank & IMF. If anyone has seen where they have activated this law please correct me.

Punisher     ISIS is over Toby. Abadi has now turned his attention towards Corruption. At least he is trying. Maliki helped create this mess.