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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, April 12, 2018

KAPERONI TIDBIT, 12 APRIL


In reference to Dr. Shabibi he is not the author of any such currency reform and has since been retired living in Europe. The author of the event is a combination of multiple economists including Dr. Bakri whom I interviewed a few years ago and have a  relationship with...I did a very detailed interview with Dr. Bakri who in fact is in the know and was involved in crafting the currency reform...   There is no RV or RI or reinstatement...that is not how monetary policy works and that is not the case in Iraq Iraq could never or would never do such a thing because it's just not possible. There remains over 60 trillion dinar in circulation that must be gradually reduced.  The IMF is also clearly documented the process that includes moving to a more liberal exchange regime which would allow the dinar to gradually rise over time.  This gradual rise would offset inflationary pressure created as a result of an influx of capital from various investors around the world.

IQD CHAT, 12 APRIL

Zig: @Brip : I believe we are in a speculative investment with NO GUARANTEES....I believe there are bad people within the "Dinar Community" that take advantage of people....I like this investment as a low risk with a potential huge return....but think most of the so-called INTEL put out there is BULLSH**.....

Brip: I stand corrected. I do believe we will RV. I had typo error
Brip: R there any of the Intel providers that u do think knows anything

Zig: NO!!!
Doug_W: How can they know

Brip: I believe this RV thing will happen. But when after all these years.
 ...
​Brip: I don't believe there will be a time that 209 countries will all a line together to RV.

Zig: THERE IS NO GCR....NO GRAND PLAN.....IMO

Brip: Most of all why Iraq. Why does everything center around Iraq.

Zig: IT DOESN'T

Brip: US or no other country can do anything without Iraq??

JoeSchmoe: @Doug_W run on the dinar where? Outside of Iraq or inside?

Zig: Nobody knows if/when/how/in what manner, etc. Iraq's currency will change.....NOBODY KNOWS

JoeSchmoe: @Doug_W They supposedly KNOW the count that is outside of Iraq, so for them NOT to telegraph it for that reason seems moot

Zig: Iraq has nothing to do with the currency value of any other country and never will....
JoeSchmoe: INSIDE Iraq, a dinar will always be a dinar  : no matter WHAT THE VALUE

Doug_W: @JoeSchmoe IF the cbi says they are gonna Rv at any specific date
Doug_W: @JoeSchmoe that was an example of why NO one kows

Zig: NOBODY WILL KNOW ANYTHING IN ADVANCE.....RIDICULOUS!!!

Tebow: What no prosperity payments?

JoeSchmoe: @Doug_W Im not saying they will or won't. Im just saying that for them to not do it for that reason is illogival

JoeSchmoe: whether cbi/imf/goi/or our mothers knows when this will happen, they don't care if we know or not

tman23: For Iraq to revalue to $3.22 they would need many trillions of U.S. dollars in their Treasury. Never happen. Again, I see a redenomination, not a revaluation...a post from admin Bill......

WHY IS IT SO HARD TO UNDERSTAND THAT TRILLIONS ARE NOT NEEDED IF THEY REDENOMINATE AND EXCLUDE 3 ZEROS IN THE ACCOUNTING AND EXXCHANGE OF 3 ZERO NOTES.......... JUST SAYING THAT WON'T HAPPEN AND KEEP REPEATING IT OVER AND OVER WONT MAKE IT SO.........

SURE 45 TRILLION IQD IN CIRCULATION TAKE AWAY 3 ZEROS AND IT'S 45 BILLIION...........1000 DINAR FOR A COLA ......LIFT 3 ZEROS AND IT IS 1.00 .......

LIFT 3 ZERO MEANS REMOVE THE NOTES FROM CIRCULATION..   OKAY GURU ......IF YOU SAY SO.......BUT THE AFOREMENTIONED IS LOGICAL . PRACTICAL AND MAKES MORE SENSE THAN ANYTHING THEY SPEW

Spectra: @Tebow its ok

Zig: @Tebow : Okay...who are you and what have you done with Tebow??

JoeSchmoe: @tman23 are YOU leaning on the rv side, or is Bill

tman23: @JoeSchmoe ....... I'm leaning on a rdenomination and hope our 3 zeros get included in the accounting at exchange....... Kap theory is that 3 zero notes will be included in a float and you will gradually gain profit ......there will be a tarde platform where you sell your currency to buyers on cline electronic as the dinar becomes a supply and demand thing........... total NUTS !!...

JoeSchmoe: @tman23 rd as in lds"  : @tman23 ?

JoeSchmoe: @tman23 I have always considered that an RD meant the LD''s would be put out, making it good for us

tman23: @JoeSchmoe ....... lower denoms...... and 33 zero notes will circulate in the market place for a few years and be the EQUAL to the LD's ........ HENCE "LIFT 3 ZEROS".........

This obviously is rocket science to a guru..... and Kap's self taught micro macro economics will explain even more how the process works........where would he be without wiki and AOL......lmao !!
tman23: @spankie .. novice guru's mucked this thing up........really not complicated as they make it...... apply logic or apply the novice theory of some grand conspiracy scheme that you were not suppose to be a part of........ what a hoot !!

Doug_W: @Clay
Doug_W: @Tebow that is a good thing too

JoeSchmoe: @tman23 so to be accurate, are YOU thinking we will see a substantial return on this?

Zig: @JoeSchmoe : I don't think he does...

JoeSchmoe: @Zig yea, it's hard to figure these guys out. One dayit seems like they do, the next not

Zig: Maybe 3X what we put in....

JoeSchmoe: so LOP then rv

Zig: Yes....maybe....but see if tman replies.....

JoeSchmoe: that had always been a thought back in the day

Zig: Nobody knows

JoeSchmoe: but now we're gonna hear from all the anti LOPsters  : why it can't etc

Zig: I have no clue...lol

Tebow: don't forget the butter

JoeSchmoe: but that basically is what 3x what we put in comes down to, unless it just goes to $.0024

Tebow: no one knows

Spectra: you men are like babies,when it comes to the doctor..

Spectra: lol

JoeSchmoe: ...and stays there for the entirety of time both denoms are in circulation

Zig: NO....just that our 25K notes will be 25....but that makes no sense to me....who knows

Zig: IMO if that were true they could have done that long ago....

Spectra: @Zig true good point

Zig: Who knows... :??

Spectra: it makes sense they would have done this already...

Zig: @tman23 : So ya think we are screwed??....lol....don't hold back!!!

JoeSchmoe: @Zig so this whole thing seems to be a complete mind f***!

Zig: I would love to see a chat among Kap, sandyf, and tman23.....

JoeSchmoe: @Zig that would be like putting bgg,tnt,and frank in the same room together

[pm]Zig: LOL

Bray1692: Same people every day...how much money does anybody lose if you just sell now. Grow up.....we all have made worse financial decisions then losing the bid / ask on the dinar.

JoeSchmoe: @Spectra who says I'm not

[pm]Zig: Add Tebow as well....lol
​Spectra: @Bray1692 true

JoeSchmoe: @Spectra lol

Spectra: @JoeSchmoe i was just wanting post that not for you only

JoeSchmoe: @Spectra no wories

JoeSchmoe: @Spectra I would love to know your exact reasoning for being so.....assured in this thing, instead of just saying 'my research' etc

Spectra: @Zig good luck ill send you some zims ok

JoeSchmoe: I could just as easily say my common sense is my reasoning for this not happening...not saying that is how I feel. But other negative holders could say that

Spectra: @JoeSchmoe my reason is because its how i see it..my own perspectives..plus Executive Order 13303 was issued on May 22 , 2003 by United States President George W. Bush

[pm]Zig: TMAN!!!!.....TELL ME I WILL MAKE MORE THAN 3X WHAT I PUT IN!!!!!!!!!!!

Spectra: @JoeSchmoe many things have me conclude its worth my time not just one thing

JoeSchmoe: @Spectra and I "TRY" to hold onto what has happened to/for me along this ride, but it gets very hard after awhile, seeing what's being put out there.

Spectra: @JoeSchmoe compilation

JoeSchmoe: I know my tax guy told me 4 years ago that a couple of his clients/customers were contractors that were hired to watch over wharehouses of dinar. I don't know if that is/was pre or post value increase. Last I asked him, he said they moved onto other things.

JoeSchmoe: dont know where either

[pm]Zig: @JoeSchmoe : People out there disagree with how this will turn out....like any other SPECULATION.....

JoeSchmoe: yea

tman23: @Zig ..... I don't think we are all screwed.....I think there is a plan for Iraqq and to manipulate it's currency to pay a portion of debt for setting them free..... AND the original speculation remains the same

HOW WILL 3 ZERO NOTEs BE ACCOUNTED FOR AT TIME OF EXCHANGE...JUST BE SURE THEY WILL NEVER EVER NEVER FLOAT 3 ZERO NOTES NO MATTER HOW MANY TIMES KAP REPATS IT OR RESEARCHES PAST HISTORY

JoeSchmoe: guaranteed there are things out there that NO ONE has ever thought of, that they(cbi,imf,whomever) are waiting to happen

JoeSchmoe: @tman23 it's a win win for kap

JoeSchmoe: he gets to say he's right if it floats the way he says, he is happy if it rv's to start

Spectra: The investment law ...is pretty important for protecting the investor still waiting on that..
WW: I just heard Mike Pompeo speaking of the 'gold standard on fox news...missed most of it(????)

Doug_W: so did I

TWW: @Doug_W did u to miss most of it as well?
TWW: @Doug_W hope he said what we need to b announced

Doug_W: fingers crossed

JoeSchmoe: what would the gold standard have to do with a value increase in the dinar?
JoeSchmoe: so the above was just hopeful speculative nonsense?

JoeSchmoe: attaching anything and everything heard to the rv/

JoeSchmoe: as long as it has something to do with $$

JoeSchmoe: if Trump pays for his gas with cash instead of a cc, it means rv?

JoeSchmoe: good thing I have a job coming...hopefully. Then I can stay away from reading this nonsense

DinarResearcher: The picture on this article speaks a lot!! Lmao

DinarResearcher: Groups of electronic armies are launching political demarcation campaigns .. The opponents choose the Central Bank one of their victims to undermine Maliki?

DinarResearcher: April 12, 2018 | 12:06 PM - Number of Readings: 190 views

DinarResearcher: Despite the signing of the political blocs on the electoral code of honor, about two weeks ago, prevents the campaigns of defamation among the blocs competing in the parliamentary elections scheduled for May 12 next, the campaigns of political and personal dichotomy by the groups of electronic armies of different political blocs, is still in full swing .

DinarResearcher: It seems that the opponents of the head of a coalition of state law Nuri al-Maliki chose to be the central bank one of their victims of the side in order to undermine Maliki, and before the official date for the launch of advertising campaigns scheduled on April 14, the central bank was forced to issue a clarification on a fake book speaks about Maliki's request as president Former ministers of the Central Bank spent about 4 billion dollars for deputies from the province of Babylon for distribution to the families of the needy and displaced in the province.

DinarResearcher: According to the Central Bank's clarification, some social media outlets circulated a false book under the title of "Complaint and Financial Corruption" to withdraw $ 4 billion from the Central Bank of Iraq in 2015, adding that while the bank denies the issuance of such a book and the fact that it guarantees it, Prosecute those who fired these rumors, and demanded the media to be careful and careful in the transfer of news.

DinarResearcher: For his part, considered a member of the coalition of state law Kamel Zaidi, that the political competition is not honorable reached unacceptable levels, especially in the last electoral season. In response to the fake book,
Zaidi said: "The falsity of the book is clear. We do not have a financial mechanism to spend this way. Those who published it know this, but they wanted to mislead people."

 He pointed out that «most of the political blocs did not and will not respect the electoral code of honor, which they signed a few days ago, required strict accounting laws stop electronic armies and others by themselves»

​Zaidi believes that «opponents of al-Maliki are still concerned about his electoral fortunes, despite repeated conversations about being politically ended And has no share in the upcoming elections.

DinarResearcher: http://www.al-mawqif.com/87715

DinarResearcher: Speaking of the CBI, it is currently down. Unable to get into the website...

Zig: Just got in https://cbi.iq/

Spectra: https://cbi.iq/news/index/

Spectra: new picture on CBI..

mikexx: Where is that RV? lol
IQD CHAT

TNT UPDATE, 12 APRIL

TNT:

Psychicgrama:  Well for what it's worth because I know how much you guys love rumors I talk to my son this morning and he in turn talked to his dad who seems to know a little bit now and then …and his dad told him that the CBI has the rate they are not going to release it pre RV… it's not going to be something that we can all go and look at

My step son's father told him that the CBI has the rate but they have decided that they're not going to show it to the public until the RV is actually ready to go I don't know why I don't know the reason neither did he

Apparantly Abadi got yelled at by a whole bunch of his constituents and he's not the favorite person now. Said that there was a bunch of people that told him that he was making the country and the people in it look bad and made him look like a very deceitful person and the other people said they didn't want to be included in that image and that he needed to straighten up and do the things he promised to do before it was too late

Steadfast:  psychicgrama, so based on your second comment, is it Abadi, that is holding this up?

Briona:  That certainly puts him in a bad light for re-election, so he better do something fast, before it is too late.

Psychicgrama:  One thing I don't go to other chat rooms I don't believe in any of them… I go to this one and this one only but there is information that I get I get directly from IRAQ if you didn't already know that my foster-son lives over there and when he can find out stuff he usually tries to let me know so I can let you guys know

Abadi told everybody that he was going to do the RV when he got back into town he didn't which started a whole bunch of hullabaloo and everybody was saying that he was a liar and that he made promises that he didn't keep he says whatever he will has to say to get him keep everybody off his back and then by the time he has to be accountable he thinks up another excuse why something can't be done the people in and out of the country are tired of it

So now they're going to do it around him he doesn't have anything more to say or do except get to be happy with the RV keep some of his promises to build schools and Roads and all that so he can get reelected.

INTELLIGENCE ALERT, 12 APRIL

The RV does not need the USN to be announced nor the stock market to collapse.

RV exchanges/redemptions will be processed (under authorized permission) through the new financial system at banks and redemption centers. Your private appointment will be acquired via the 800 numbers.

According to sources, the RV began yesterday at levels Tier 1-2.

Tier 4 exchanges (via 800# appointments) is expected to begin Monday.

GESARA will be enacted globally once the dust has settled thus is why the Alliance implores all currency holders to have humanitarian projects.

Humanitarian projects will serve as an initial boost toward the destruction of poverty prior to the enactment of GESARA.

ZIM NEWS BOND NOTES, 12 APRIL


WSOMN CHAT, 12 APRIL


TED1016
Most Gracious and Heavenly Father, well it certainly appears that thing might just be coming to a head for the RV to happen this week but as you may have already noticed the nay-sayers are already trying to make you believe it is all a big scam again. The problem is, that any people who had any real common sense know that this even just has to happen and with what is going on around the world more positive.

Dear Lord God and Almighty, walk closely with us now Lord as we proceed from this point forward and help us to bond together and disregard the wild accusations coming from those who speak openly against the RV ever happening while they store up currencies from people who have lost confidence about the RV/GCR ever going to happen. Those of us still here know the truth but not the date or 800 number.

I want to say rest easy this morning and wait for the call or notice for as soon as it does come out there will be so many people contacting you with it, you will find it difficult to calm yourself down to the point where you can actually make the call. Over the last couple of post I have tried my best to keep you centered and inform you as best I can. I myself may not post if the number comes and I go to the appointment.

Just know that our God is and has been with us all during the long long wait and will be watching how we proceed with the blessing. It has been a pleasure being a part of this group and when future meetings post RV are set up perhaps we will meet again face to face. Always remember, “Our Destiny Awaits”




Henry
I do wish that Ray from TNT would confirm the ‘supposed’ memo that he spoke of in chat




CANDYKISSES
Henry, perhaps Tony will speak about it today, during the TNT call.




Dedar
Henry it was to the Global Financial Community. It will be interesting what he has to say tomorrow.




Sandnsea
Gm, one thing for sure is that life is never boring in Dinarland. It is quite transparent that Admin never said that. Not even his speech pattern. Believe what he says here and not elsewhere.

Enough news out in the world to keep a person busy for a while!




Sunni Daze
IT HAS COME TO MY ATTENTION THAT A FEW OF THE MEMBERS COME IN AND BASH OTHER INTEL PROVIDERS IN THIS ROOM

PLEASE YOU GUYS IT IS TO CLOSE AND TO EXCITING TO GET BANNED ...BUT THAT WILL NOT BE TOLERATED

YOU MAY NOT AGREE AND THAT IS FINE BUT IT WON'T BE AIRED IN THE ROOM

I REALIZE MANY ARE ON EDGE BUT THIS ROOM WAS TO BE ONE OF RESPECT SO WE WILL CONTINUE WITH THAT TILL THE VERY END




Sunni Daze
DIDN'T MEAN TO CLEAR THE ROOM LOL




Footer
Sunni-thanks for all you say, but I love all info from Admin Bill to MG-thank god we can all differentiate-hope you are doing well Avon




calgoldy2
Did not make it in yesterday...could someone repost what AdminBill shared? Scrolled & hit next and it would not go back that far. Many thanks




Mister Moonshine
Greenrage - can I request the update, as well?




KbUK
Is there an update I missed? A pm would be most welcome here please




TED1016
In the still of the night Lots of talk last night then today nothing......Sigh,,,




Grandma
Hi All Does Becky have a call tonight????




ED1016
No call tonight. People are on Gag orders from this point on. We are just waiting and I'm hearing a possible weekend Exchange. We shall see.




Trixxie
No call tonight. People are on Gag orders from this point on. We are just waiting and I'm hearing a possible weekend Exchange. We shall see. Oootah

WELLS FARGO POST RV IQD DINAR IRAQ CURRENCY EXCHANGE, 12 APRIL


KTFA: We Await Finalization, 12 APRIL

Faithprevails » April 11th, 2018

Supposedly Thursday (tomorrow) is a Holiday, is it also Friday? That would give Shabibi / Iraq a long weekend ...... just a thought as we wait.

Yooper75 » April 11th, 2018

Friday is their Holy Day. Saturday is the weekend. Sunday, start of new work week

2Cents » April 11th, 2018

There is so much POSITIVE news and info right now that I didn't want to see it get lost in those who expected the RI to occur last weekend or even right at the end of the 1st 1/4.....

1st of all.....Frank never stated "....within 24 hours they will be given a notice of when they are to turn on their ATM's." Bad interpretation of what Frank said is what often causes undue expectations....This is word for word what Frank said:

"....have been given a notice of preparation within 24 hours of when they are to turn on their ATM machines....."

Note the News today.......UN article - Very POSITIVE and more importantly, reports that Nechirvan and Qubad are both coming to Baghdad......1st report said "next week" (does that mean this week in translation?) and second report says "SOON".....Last week it was reported that the Kurd delegation was supposed to come this week led by Qubad....Abadi was not recognizing this fact politically.....A delegation did come to work out the payments to peasants/farmers but not to politically meet with Abadi....Nechirvan himself actually questioned the authority of this delegation.....

Now we see it being reported that they are both coming together but are not making public the date.......Very Interesting.......If true, hopefully they will finalize all agreements and it is being reported that they may even finalize an agreement as to the formation of the next government.......Huuuuuuuuge POSITIVE news IMO!!!!!!!

We waited for years for Massoud to come to Baghdad and finalize all agreements.......Now that he no longer has any official power in the Kurd government, I think Nechirvan and Qubad will Get 'er Done!!!

Watch the news......We are down to the wire......This week? Next week? April? May? IMO, NOONE including Alak know the date!!! They do however now know the plan including the day of the week and that it is about to be DIVULGED!!!!!!! They are just waiting for a "Suitable Environment" and have been told by Saleh that the "Environment is Suitable"......IMO, this is the government stating the economic side is suitable.....Now we await the finalization of the political side and the Kurds themselves have stated the differences are now "blurred".......The worst is now over..... just some final small details and execute those agreements that will stand up to International Law for enforcement in the case of either party's default.......

Hope that helps both of you and everyone else to stay grounded, focused and prayerful.......Close, Close Close and Huuuuge NEWS everywhere you look!!!!

Don961 » April 11th, 2018

2018-04-11 

Basra retirement: official day tomorrow an exception to the decision of the holiday to activate the smart card

The pension authority called Basra branch, retired who have activated the smart card to review on Thursday for the purpose of activating the smart card, while pointed out that the duration will be officially.

The director of the branch, Bassil Al-Eidani, said that the retirees who have activated the smart card review the department on the 12th of April, which will be an exceptional period in order to facilitate the procedures of those who have activated the smart card, noting that the decision was to reduce the burden on retirees In the province, adding that there is a committee overseeing the work.

The Basra Provincial Council, voted during its regular session held last Monday, as Thursday Thursday an official holiday to coincide with the anniversary of the martyrdom of Imam Kadhim (AS). link

JARED RAND UPDATE, 12 APRIL


DINAR GURUS UPDATE, 12 APRIL

4-12-2018   Newshound/Intel Guru Mnt Goat   ...Iraq has told us they fully intend to go full speed ahead on the 2018-2020 Development and Reconstruction plan after the elections are over, so we can see they want to get these laws passed now since the elections are just 4+ weeks away.  An economists also recently told us, based on his knowledge, that more than likely the CBI and GOI will hold off the “project to delete the zeros” (which we know leads to the reinstatement of the dinar) until after the elections.  ...my analysis tells me they intend to hold off on the reinstatement until AFTER the election cycle. This usually also means setting up the government. If Haider Abadi get back in (and he most likely will) this election process may not take too long and we might even see a late May early June RV timeframe coming up...I know now only after the fact, that the CBI did really intend to get the reinstatement completed prior to the election period...Now they intend to wait until after the election cycle.  [post 2 of 2]

4-12-2018   Newshound/Intel Guru Mnt Goat  ...where do we stand now in this RV Saga?  So now all the news is around the 2018-2020 Development and Reconstruction plans either directly or indirectly.  We see House Speaker Jubouri still trying to get the needed laws passed in parliament. These are laws needed for the election process but most importantly some of them are the amendments to the Investment Laws. These laws are needed to assist potential investors coming into Iraq. We have recently heard that many investors are threatening to pull their support of the plan if these laws are not in place to protect them.  Many of these laws also will support the 2018-2020 Development and Reconstruction plan, as so Iraq wants to “hit the ground running” post elections.   ...I have been told that this success of this plan is predicated on the reinstatement of their currency. When will this happen then?...  [post 1 of 2....stay tuned]

4-12-2018   Intel Guru RayRen98  The rates continue to fluctuate, usually by pennies.  Dong is still 47 cents...  dinar = $3.67 to $3.71...Those are the rates that have been told to us, that bankers are seeing on the screen. 

4-12-2018   Newshound Guru Kaperoni   In reference to Dr. Shabibi he is not the author of any such currency reform and has since been retired living in Europe. The author of the event is a combination of multiple economists including Dr. Bakri whom I interviewed a few years ago and have a  relationship with...I did a very detailed interview with Dr. Bakri who in fact is in the know and was involved in crafting the currency reform...   There is no RV or RI or reinstatement...that is not how monetary policy works and that is not the case in Iraq Iraq could never or would never do such a thing because it's just not possible. There remains over 60 trillion dinar in circulation that must be gradually reduced.  The IMF is also clearly documented the process that includes moving to a more liberal exchange regime which would allow the dinar to gradually rise over time.  This gradual rise would offset inflationary pressure created as a result of an influx of capital from various investors around the world.

4-12-2018   Intel Guru Frank26   [If Dr S (Shabibi) is back in the picture he always wanted a holiday weekend, well I believe we have one this weekend...]   HENCE WHY (GURU) DELTA TOLD YOU ABOUT THURSDAY'S HOLIDAY... YES ...DR S LIKES 3 DAY WEEKENDS.

4-12-2018   Newshound Guru Walkingstick   Some firms in Iraq given permission within 24 hours of when ATM machines will be turned on.  Certain firms will be notified, then later all firms. You can't get any closer than we are now.

4-12-2018   Intel Guru ADMINBILL  We will be waiting for weekend confirmations through this month, next month, and all the months until the end of the year. There will be an election in Iraq, and then holidays, and then more laws, and so on and so on.  It goes on and on, without end. 

DELTA UPDATE, 12 APRIL

DELTA: BLAST FROM THE PAST FOR YOU WS...

TV: Rafidain Bank in Dhi Qar confirms that the introduction of ATM depends on deleting zeros from currency.

Wed, 10 Dec 2014 

Ahmed Hassan: Said the director of the Rafidain Bank in Dhi Qar Hussein Abbadi in a televised interview broadcast by the local Nasiriyah that the introduction of ATM in the markets and banks are subject to the implementation of the decision to delete zeros from the Iraqi currency, pointing out that the Iraqi currency suffers from large inflation at the present time.

http://www.nasiriyah.org/ara/post/55155

Note: When KTFA uses bright red in its posts- IT IS IMPORTANT!!!!

TSReddy:  Thanks Delta for the "BLAST FROM THE PAST".  Looking forward to it happening now.  Blessings.
 
DELTA: (Big Smile)

Frank26: YOU TOOK  PART OF FRIDAY TEAM CHAT.......... LOL !!...... LOVE YOU DELTA \M/

Harley1:  As I understand it, when it comes time to turn on the ATM's, they'll be given 24 hours notice to do so.... which sounds a lot like...."have 'em ready boys, 'cause when it's go-time....it's time to go!"

Leb:  When people laugh because I am a believer in Iraq reinstatement....remember....Noah was an idiot until it started raining.

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

Dr.Davis316:  Just read this off the CBI for 10-11/4/2018

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail and his accompanying delegation representing Iraq participated with the Ministry of Finance at the 41st annual meeting of the Board of Governors of the Arab Monetary Fund held in the Dead Sea area of ​​the Hashemite Kingdom of Jordan for the period 10-11 April 2018.

During this meeting, a number of important topics were discussed. The most important of these was the system of settlements and clearing for Arab payments, which would provide an environment for financial transfers between the Arab countries and thus enhance Arab trade and Arab economic integration.

For its part, the Fund has paid great attention to the achievement of cooperation and exchange of experiences in the field of monetary policies among the Arab countries and coordination of their positions in international forums and meetings as well as strengthening coordination between central banks and Arab monetary institutions in various fields related to the work of these banks.

He also stressed the assistance in exchanging experiences and experiences between central banks, and thus these steps will achieve monetary cooperation among Arab countries in order to reach a common formula in the construction of monetary policies

************  
                          
Samson:  Oil markets are concerned about the Middle East crisis

 12th April,2018

Oil markets remained tense on Thursday amid fears of a military escalation in Syria, although prices remained below Wednesday's highest level, the highest since late 2014, as the abundance of US supplies has weighed on the market

Traders say trade disputes between the United States and China have kept the market anxious

By 0536 GMT, global crude oil futures were up $ 72.14 a barrel, up 8 cents, or 0.1 percent, from the previous close

US West Texas Intermediate crude futures rose to $ 67.03 a barrel, up 21 cents, or 0.3 percent, from the previous settlement price

In China, Shanghai crude futures also rose 8.9 yuan to 427.1 yuan ($ 68.03) a barrel, up 2.1 percent, on record volumes for contracts launched in late March

Brent crude and West Texas Intermediate crude hit their highest levels since late 2014 at $ 73.09 and $ 67.45 a barrel on Wednesday, after Saudi Arabia said it had intercepted rockets over Riyadh and US President Donald Trump warned Russia of imminent military action in Syria

Current fears of a prolonged trade dispute between the United States and China have also kept the market anxious

Despite market tension, supplies remain plentiful, especially in the United States

US oil inventories rose 3.3 million barrels to 428.64 million barrels

At the same time, the US crude oil production last week reached a new record of 10.53 million barrels per day, up by a quarter compared to the level in mid-2016  LINK

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

Sunkissed:  Frank, OPEC would like to see prices go to $88 per barrel! Saudi's NEED $83.00 per barrel.  I just thought you would find this interesting.
 
Saudi Arabia’s $80 Oil Target Could Backfire

By Tsvetana Paraskova - Apr 11, 2018, 6:00 PM CDT

Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.

OPEC’s largest producer and de facto leader—Saudi Arabia—is the most closely watched oil nation for hints about an unofficial oil price target, and speculation has been ripe since the start of the deal in January 2017 as to what price the Kingdom is aiming for.

For months, Saudi Arabia has been said to aim for oil at $70 a barrel, but now new hints and reports suggest that Riyadh is likely shooting for oil at $80—to help finance increasingly ambitious domestic policy plans and to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO.

If this unofficial oil price target were reached, however, it could backfire spectacularly on both sides of the oil-market-balance equation—supply and demand.

$80 oil would trigger an even bigger U.S. crude oil production surge that could unravel OPEC’s efforts at eliminating the glut. Oil at $80 could also slow down global oil demand growth, undermining one of the cartel and friends’ key assumptions: that robust demand growth will absorb the non-OPEC supply and that demand growth will continue to be strong going forward. Last year, oil demand growth surprised a bit on the upside, helping bloated inventories to draw down significantly.  

Yet, targeting $80 oil—if we assume that Saudi Arabia is doing that—has its economic reasons. According to RBC Capital Markets, OPEC’s producers need oil even higher—at an average of $88 a barrel—to balance their public spending this year, Bloomberg Gadfly’s Liam Denning writes. Related: Permian Bottleneck Could Impact Global Oil Markets
For Saudi Arabia, the price of oil needed to balance the 2018 public spending is $83 a barrel. The OPEC member that needs the ‘lowest’ price of oil to balance this year’s expenditure is Iran, at $52 a barrel, according to data by RBC Capital Markets.

It comes as little surprise then that Saudi Arabia and Iran—apart from the tense regional archrivalry—are reportedly at odds over where to go next with the OPEC deal, and how high an oil price the cartel should target. Iran is reportedly suggesting that $60 oil is about right so as not to encourage U.S. shale (even more), while Saudi Arabia is in need of higher-than-$60 oil to balance budget spending and lift Aramco’s valuation to anywhere close to the US$2 trillion that officials have been targeting.  

It also comes as little surprise that the latest hint that the Saudis are likely targeting $80 oil is not universally shared among all OPEC members, according to Bloomberg sources who relayed the Saudi ambition for said target. Some nations have privately expressed concern that such a price would be too comfortable for U.S. shale.

It may very well be. At Brent above $60 and WTI at a $3-4 a barrel discount, U.S. crude oil production has exceeded 10 million bpd in each of the weeks in February and March, EIA data shows. The Permian continues to boom, and even in case of takeaway capacity constraints—which have led to around $11 a barrel discount of Midland, Texas, oil to Brent—Permian producers would pump at profit if Brent were to rise (and stay) at $80, Bloomberg’s Denning argues.

https://oilprice.com/Energy/Oil-Prices/Saudi-Arabias-80-Oil-Target-Could-Backfire.html

BANK STORY BY GJHONOR, 12 APRIL

GJHHonor:  Bank Story
I went to the bank with a friend that was going to Israel until April 21st and she asked me to have power of attorney over her account and currencies and the lady that was helping us kept asking me what kind of investment are you waiting for , so I finally told her the whole story about the Iraqi dinar and the  other currencies she wrote them down, then she call the wealth manger and asked him about this and then he told her yes he was aware but we had to wait until it goes then they will help us.

Then I told the banker to go buy some and told her where and she wrote it down , I told her to get Iraqi dinars and the VNN dong. The said thank you for the info.

Usually they start to tell us this will never happen and it is a scam , not this time. Come on rv.
My friend on the way out from the bank said I was just waiting for herto say this was a scam , but she did not do that we were surprised .

Anyway just a small bank story it is positive. Please do not ask to which bank in Canada I do not want to get this lady in trouble. But if Ray wants to know I can tell him ,maybe if he pm's me sometime.

GJHHonor

TNT UPDATE INTEL, 12 APRIL

Contributed from a member....

A friend of mine that retired from the State Department came to visit me yesterday. He is a currency holder and was contacted by a private banker from BBVA in __________. The private banker let him know that the currency revaluation would happen within the next ten days.

Contributed from a member.....

I have had correspondence with you in the past however I think you will find this most interesting. I will do my best in keeping this short & to the point. Today I needed to get some things at my local grocery store in Scottsdale AZ that happened to have a Wells Fargo branch inside. While I enjoy reading bank stories from those in the TNT family it just does not have the same bang for the buck unless you have one yourself then for some strange reason it becomes "real".


approached one of the tellers and began discussing the USA and being a gold back currency at which he acknowledged that was true, I then asked if their new system was in place at that point he called the bank manager over. When I posed that question to her she replied yes we do I then asked how was the training of employees going and again replied , we just completed full training this week and all has been completed.

 In terms of currency exchange I asked if they had a Della Rue machine for validation at that point said no but in this new system we have a list of currencies that we will identify by markings & currency validation immediately. So I shot back so there is no need to send out rather it is in house verification and she said yes.

Next I asked as to receiving and converting any foreign currency of which she responded She said we can do euro right now but the others will begin on April 22,2018. She went on to say we can order currency for p/u now but everything will be up and running again on the 22nd. Now I DID NOT mention any currencies we have in the first basket however what I did get was positive and conclusive validation this is about to POP. I never expected to hear this from a branch manager so you could only image my thought process at the time.

As mentioned in the first paragraph when it hits home there becomes a totally new spin on things. Please feel free passing this along in your own words if necessary to the TNT family I would be honored you doing so.