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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, May 30, 2018

OWON Comments, 30 MAY

OWON Comments:

Roger:  The BIG Call - Tuesday 29 May ---

Big announcement expected out of Iraq in the morning. Night time in Iraq. Emergency meeting of the new legislature that has been appointed. 8 am Iraq time, midnight tonight U.S. Going over 2018 budget, budgets up to 2022.

Should get some news from that. Big announcement we are waiting for should be about the new government, Abadi is back in charge, and the new published rate. We have seen the rate on the Qi cards for 2 weeks, so we know what it is! People are being paid on the Qi cards! But it has not been published What else related to that? U.N. meeting at 8:45 in am tomorrow, UNSC? Or UN Gen Assy.

A portion at 10-10:30 dealing specifically with Iraq, specifically by an individual who is a liaison between Iraq and UN. Individual liaison may speak in the morning, 10-1030. Coincidentally, another meeting in Wash DC at the same time. I don’t know at this time if it deals with the IMF, World Bank, UST…etc?

That points us toward something happening that we should be interested in, vis a vis Iraq, tomorrow. We had things which should have occurred last night, and things that should occur tonight. Last night, 4 am, agencies: NSA, UST and Homeland Security, were doing full blown Cybersecurity upgrade.

Was to take 21-23 hours, concluding this morning. It did occur. We heard about brand new rates in the bank screens that should have been available today. We heard that there were 11 currencies; it is going to 13, then 14, now 17 currencies. It is really happening. We did not realize that what is happening in Iraq tomorrow needed to happen.

Rates are still very good. Repopulating on the screens since yesterday PM. I have heard that new FOREX rates may be released tonight. We are on the midst of this going down now. Tier 3 is completing, coming liquid.

All are complete in the sense that the work is done so they receive the funds, but we are waiting for the funds to be allocated and made liquid to those Tier 3 members. Those have been pushed off until tomorrow afternoon to receive full liquidity When the Tier 3s are made liquid, we are to get the 800 numbers.

We are also hearing that the core groups should be handled overnight tonight. They are part of Tier 3. Some of the bond platforms seem to trail what we are waiting for—starting time. Same for Prosperity packages.

They will go “shortly after” we get started in Tier 4.

Tier 5 should start a week from Monday, (11th or 12th).

John Q public should go that date. Should give us adequate time to redeem Zim at redemption centers, before uninformed public (Tier 5) is released.?

 Is this the situation?

John:  Roger You have interesting sources and loose lips sink ships.

We take great care not to pre release then dissapoint.

As you already have this I will respond as far as diplomacy and discretion allows.

1. Watch Iraq's internal positions next 1 to 3 days.

2. Tiers must be segregated with Sovereigns and Military going first .

3. Interims will be phased and the decimal switch will tell all.

4. Correct- it is intended and HOPED Public can be phased for mid- June but be careful, how many times have they failed before? With Zio trash controlling the money those S*** Flies can contaminate everything. Do not take anything as a given it the key is simple.as the screen rate will reposition, watch then for the decimal point switch and you will have it all.
Does that help and no it's not done until it's done. So much can still go wrong and big mouths should not have released it because of historical failures.

As it's close we are just clarifying intent for you .subject to actual performance .

Dinars were moved up from 1184 to 1190. Next will be the decimal point move to 1.19/USN over the next few days. Exchanges expected to begin with Private Groups next Tuesday. SKRs to follow and Public mid June.

Fingers x now. Count nothing until its done. Skanks will try anything.
 
Roger:  So is 1.19 the rate then for everyone?

John:  Some private skulldugery is possible.

JV: So John, if this is USN, obviously it will be released. Are we taking a haircut on the Fed notes? And are we moving the price of gold for these new gold backed notes?  Also, are they pegging the dinar to the SDR or is this going to float?

John:  JV Fed notes being decided I re week end. Dinar needs stability so wait for decision. On Gold expect major juggling and I have just stopped a bid for 12,500 MTs from the Elders.

We are sitting on mega TS of cash pallets and want a fair bank wire on balance sheet deal first from these mongrels to our London banks only for security.

IRAQI DINAR HOLDERS: 3 Must See Videos | IQD Dinar Currency Exchange RV

BGG UPDATED, 30 MAY

Dinar Updates

BGG~~ Abadi still has the clearest path to being the next PM.

Abadi’s List Hints At The Opposition

BasNews – A member of the coalition «victory» led by Iraqi Prime Minister Haider Abadi, the coalition’s readiness to work in the opposition in the House of Representatives.

“We welcome everyone, but the declaration of alliances is premature before the Federal Supreme Court approves the election results as well as the charged atmosphere and cast doubt on the results,” Yusuf al-Kalabi said in a press statement.

​“We are close to everyone, except those whose hands have been stained with the blood of the Iraqis, stealing the people’s money and penetrating corruption.”

Al-Kalabi announced that they are in the coalition of “victory” ready to go to the opposition without hesitation if we do not find this atmosphere. 



Abizaid, saying: «we find the alliance of Souron, is closest to us and other parties, but we emphasize that the political meetings do not exceed the exchange of visits».

And the decision of the Council of Representatives on the elections, that “the election law painted a way to challenge the results and there are those who did not accept, and there are a lot of observations on the Electoral Commission,” as he put it.

He said that “the elections can not be re-elected, because exceeding the constitutional time after the end of the current parliament, which ends on July 1, 2018 will put us in crisis.”

“The current parliament has not succeeded in the basic task of legislating the important and required laws. Iraq is walking in an executive and realistic direction, and the laws are socialist and old, so the next parliament has a great responsibility to make a real revolution in the legislation of laws.”

The coalition of “victory”, led by Abadi, was replaced by a third with 42 seats, according to the final results of legislative elections announced by the Electoral Commission for elections in Iraq, dawn Saturday 19 May. 

​While Al-Fateh won 48 seats, while the State of Law coalition won 26 seats, the Kurdistan Democratic Party won 25 seats, the National Coalition won 21 seats, (Wisdom) 20 seats, while the Patriotic Union of Kurdistan won 18 seats.

Article Credit: Basnews.com (Special Thanks to Paul Moseley)
http://www.basnews.com/index.php/ar/news/iraq/440796

BGG ~ I think it early to worry or be concerned about who will lead Iraq. This is more of a threat than a reality. I think there is little chance Abadi’s list winds up as the opposition in Parliament, rather – this is a statement confirming his loyalties to the cause of the people and a warning to some of the “swing votes” who might still be jockeying with the dream there is a return to some former place in which Maliki returns Iraq to rampant corruption where he gets to do as he pleases and they get paid huge fortunes.

Abadi still has the clearest path to being the next PM.

"Urgent Regarding Okie" by Artmeister, 30 MAY


TO EVERYONE IN CURRENCY LAND !!!!!!!

PLEASE LISTEN UP AND PASS THIS ALONG TO EVERYONE YOU KNOW AND TALK TO OR COMMUNICATE WITH……

OKIE THE OILMAN HAS BEEN TAKEN ADVANTAGE OF ONCE AGAIN TODAY. FIRST AN EMAIL IS CIRCULATING THAT SAYS IT IS FROM OKIE TELLING EVERYONE THE RV IS NOT GOING TO HAPPEN. 

SECONDLY, HE IS GETTING DOZENS OF CALLS ASKING HIM FOR THE 800 NUMBERS WHICH THEY HAVE BEEN TOLD OKIE HAS.

YOU HAVE ALL BEEN TOLD BEFORE THAT OKIE HAS NOT AND IS NOT AND WILL NOT BE POSTING ANYTHING, ANYWHERE, AT ANYTIME CONCERNING THE RV/GCR. IT IS SAD WHEN SOMEONE OUT THERE WILL DO SOMETHING LIKE THIS TO SOMEONE WHO FOR 15 YEARS HAS ALWAYS HAD ALL OF YOU IN HIS THOUGHTS AND HAS ALWAYS TRIED TO BRING INFORMATION OVER THE YEARS THAT YOU ALL WANTED TO HEAR. HE HAS BEEN LIED TO JUST LIKE MOST ALL OF US AS TO THE STATUS OF THE RV/GCR. HE IS NOT WELL AND HAS TO TAKE SEVERAL BREATHING TREATMENTS EVERY DAY JUST TO SURVIVE. 

HE SAID TO TELL YOU ALL HIS NUMBER IS A PRIVATE HOME NUMBER AND HE HAS NO 800 NUMBERS AND DOES NOT WANT TO BE BOTHERED AT ALL AT ANY TIME.

PLEASE HONOR HIS WISHES AND WHOMEVER IS DOING THIS, PLEASE QUIT NOW.

THANK YOU.

THE ARTMEISTER

Kuwait Dinar RI "TWW's" Experience

RV/INTELLIGENCE ALERT - 30 MAY

(Disclaimer: The following is an overview of the current situation based on rumors/leaks from several sources which may or may not be truthful or accurate.)

24 hour system activation alerts for the RV are being given out to several sources on a daily basis.


The "TETELESTAI" email containing the instructions to exchange/redeem was received.


The 800#'s are still pending.


Another system activation alert was given for this midnight to release the RV.


No further information can be given at this time.

DINAR GURUS UPDATE, 30 MAY

5-30-2018   Intel Guru Jester    [...do you see any good windows for the IQD coming up?]    THERE IS A SCHEDULE.. WE DO NOT KNOW WHAT IT IS... ALL WE ARE GETTING IS THINGS ARE WELL JUST BE PATIENT...  [...seems to me that if enough has gone down that they are able to make a schedule instead of just checking off items as they work towards the conclusion...]   WELL IT MAY BE.. I THINK THEY HAVE HAD A CHECK LIST... ODDLY ENOUGH THE THINGS WE REPORTED ON YEARS AGO ARE THE ONES THAT ARE BEING THROWN AROUND NOW... INTERESTINGLY ENOUGH THE CONTACTS HAD IT RIGHT...

5-30-2018   Intel Guru Bruce
   ...There is a big announcement expected out of Iraq in the morning [Wednesday]...Big AnnouncementThere is also an emergency meeting of the new legislature, the new Parliament that has been appointed by now in Iraq.  They are going to go over the 2018 budget and all the budgets through the year 2022.  ...I think the big announcement that we are looking for should very well be related to maybe partially the government itself with the fact Abadi is back in charge and also the fact we should have a new published out rate that is seen internationally.  We know what the rate is, we seen it for a couple of weeks as an in-country new rate that has been available on the Qi cards... I can tell you rates are still very good of what we know of them...I heard the new rates may be released on the Forex overnight tonight [Tuesday]. ...I would say we are in the midst of this going down here very shortly...Our best bet is sort of be patient a little bit longer and see what develops because we are basically at the end of the ride.

5-30-2018   Newshound/Intel Guru Mnt Goat   ...Does the CBI really need a “fully” functional government to go ahead with the RVOr are they just looking to resolve the FRAUD and MANIPULATION of the currency issue?   ...the CBI already told us the answer. They said they need a “more suitable environment” and this means resolving the FRAUD and MANIPULATION of the currency.  ...But let’s look at the real issue the CBI is concerned about – the fraud and manipulation of the currency caused by the currency auctions... Two reasons the CBI needs to fix these issues now:  1.  the pressure from the IMF to resolve this corruption at the highest levels of govt.  2. the IMF imposed the MCP monitoring upon the CBI and will continue making some legal issue to hold up the process to delete the zeros until these corruption scandals are dealt with...  ...So if it happens that Haider al-Abadi does get a second term, (most probable) he could have his govt formed in a matter of days, if not only weeks. So, this process could be speeded up significantly with al-Abadi back at the helm. It might take much less time anyhow.

5-30-2018   Intel Guru Frank26   [via sunny]    Last Friday CBI told all banks in the world they would stop using foreign currencies.  After the banks closed Friday the 1190 rate hit.  Causes banks to move away from auctions so they will re-instate their currency! ... 1190 was to fix official buy/sell rate of IQD.   1184 was the rate before.  This brings the IQD to parity with the USD.  There is a need for Re-in-statement;  need for Immediate rate change; need for the program rate to go away.  This is a major accomplishment...for a suitable environment for the RI of IQD (Iraqi Dinar)  Waited for a movement of 3-6 pips...  

5-30-2018   Newshound Guru Kaperoni   What will happen is exactly what we've been saying for several years they will accept Article VIII, get off the peg and move to a float and allow the dinar to gradually appreciate as investment comes into the country.  Though the CBI only has about 18 days left to meet the three-month compliance, I don't expect them to act immediately because the government hasn't been formed.  They are making significant progress preparing to open the banking system.

BANK STORY, 30 MAY


via Philip Tilton

UN-CONFIRMED BANK STORY.

Ok my dear friends Cousin went into a Private Commerce Bank in Seattle. ..asked to buy more VND ...he said do you still sell it ...yes we do but you better get bit today because it's going to sky rocket in a day or so...he almost dropped to the ground lol...then they said do you have zim and he said yes and the bank management & staff said they do too and after this exchange they are never going back to work...lol...

"To Everyone in Currency Land" - Thoughts from TNT Elmerf , 30 MAY

Elmerf123456:
TO EVERYONE IN CURRENCY LAND !!!!!!!

PLEASE LISTEN UP AND PASS THIS ALONG TO EVERYONE YOU KNOW AND TALK TO OR COMMUNICATE WITH……

OKIE THE OILMAN HAS BEEN TAKEN ADVANTAGE OF ONCE AGAIN TODAY. FIRST AN EMAIL IS CIRCULATING THAT SAYS IT IS FROM OKIE TELLING EVERYONE THE RV IS NOT GOING TO HAPPEN.

SECONDLY, HE IS GETTING DOZENS OF CALLS ASKING HIM FOR THE 800 NUMBERS WHICH THEY HAVE BEEN TOLD OKIE HAS.

YOU HAVE ALL BEEN TOLD BEFORE THAT OKIE HAS NOT AND IS NOT AND WILL NOT BE POSTING ANYTHING, ANYWHERE, AT ANYTIME CONCERNING THE RV/GCR. IT IS SAD WHEN SOMEONE OUT THERE WILL DO SOMETHING LIKE THIS TO SOMEONE WHO FOR 15 YEARS HAS ALWAYS HAD ALL OF YOU IN HIS THOUGHTS AND HAS ALWAYS TRIED TO BRING INFORMATION OVER THE YEARS THAT YOU ALL WANTED TO HEAR. HE HAS BEEN LIED TO JUST LIKE MOST ALL OF US AS TO THE STATUS OF THE RV/GCR. HE IS NOT WELL AND HAS TO TAKE SEVERAL BREATHING TREATMENTS EVERY DAY JUST TO SURVIVE.

HE SAID TO TELL YOU ALL HIS NUMBER IS A PRIVATE HOME NUMBER AND HE HAS NO 800 NUMBERS AND DOES NOT WANT TO BE BOTHERED AT ALL AT ANY TIME.

PLEASE HONOR HIS WISHES AND WHOMEVER IS DOING THIS, PLEASE QUIT NOW.

Restored Republic via a GCR Update as of May 30 2018

Compiled 30 May 12:36 am EST by Judy Byington

The following is a compilation of information from the Internet. It is up the reader to decide whether or not it is valid.

A. May 29 2018 The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin 123456# (712) 770-4014

1. An announcement was expected in Iraq in the morning regarding the codes (late tonight our time).

2. An emergency meeting in Iraq would be held midnight EST tonight May 29 to discuss the budget where we should see a new Dinar rate.

3. At the UN tomorrow morning May 30 at 8:45 am EST and around 10:30 am EST it will be dealing with Iraq. At the same time a meeting would be held in Washington DC
....
4. Starting at 4 am Sun. morning May 29 the NSA, US Treasury and Homeland Security were doing full blown reset of cyber software. That was wrapped up early this morning.

5. New rates of 17 different national currencies would be repopulating on the bank screens today May 29.

6. Tier 3 were complete, but not yet liquid until tomorrow afternoon May 30.

7. The core groups should be paid overnight tonight May 29.

8. There was a timeframe for the Tier 5 (public) to start on June 11.

9. We could get 800 numbers anywhere from midnight tonight May 29-30 to tomorrow afternoon some time.

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

B. May 29 2018 1:55 pm EST Intel Alert: Operation Disclosure: GCR/RV Intel Alert for May 29, 2018 Operation Disclosure

(Disclaimer: The following is an overview of the current situation based on rumors/leaks from several sources which may or may not be truthful or accurate.)

1. 24 hour system activation alerts for the RV were being given out to several sources on a daily basis.

2. The "TETELESTAI" email containing the instructions to exchange/redeem was received.

3. The 800#'s were still pending.

4. Another system activation alert was given to release the RV for this midnight EST May 29.

***********

C. May 29 2018 11:41 pm EST Intel,: "Work" -  The Office of POOFness - 5.29.18

1. The first funds were being sent out to various recipients, including us.

2. This was a firm schedule: we were looking at this week.

3. I just received a call and based on the information it was clear that although technically the funds were out, it would take a couple of days to arrive and clear our accounts.

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

D. May 29 2018 11:57 pm EST HSBC Updating: "HSBC Closing Online Access for an Update" by DD - 5.29.18

1. I looked up HSBC websites and all over the globe they were closing online access for updates.

2. “Plan Ahead, We’re Upgrading Our Systems – Important Notice. We’re going to be upgrading our systems, so we can provide you with a better customer experience.”

3. Beginning at approximately 7:30pm ET of Friday, June 8, 2018, Internet Banking and the HSBC Mobile Banking App will not be available. We expect all services to resume at 8:30am ET on Monday, June 11, 2018.

4. (Judy Note: The above June 11 date coincides with Bruce’s intel that the general public would start exchanging on June 11).

5. (President Trump was now scheduled to meet with North Korea leader Kim Jong-un on June 12.)
E. May 29 2018 11:24 pm EST, QAnon, Sierra: "QAnon: Analysis of Post from 22nd May" by Sierra (NZ) - 5.29.18

1. An analysis of one of QAnon’s most important last posts:
https://www.youtube.com/watch?v=tvC2gQ4AczY&t=8s.

2. The article QAnon asks us to re-read 'slowly and carefully' contains a wealth of information about the Cabal arrests. JustInformed Talk was right: 'We are past the point of no return - the horse was out of the stable.'

3. Clintons, Uranium One, distributing Uranium to hostile countries and violations to the Trump campaign

4. Sessions and Special Counsel Huber has access to 470 investigators, plus authority for indictments.

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

F. May 29 2018 10:05 am EST, Fireswan: "Queen Hacker’s Guide to the RV" by Fireswan - 5.29.18

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

G. May 29 2018 10:27 am EST Global Stocks Crash: Italy Implodes, Global Markets Descend into Contagious Panic

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

H. May 29 2018 10:24 am EST Stocks Crash: Crisis in Italy: Dealers Pull Bids as Bonds, Stocks Crash Panic, Crisis in Italy: Dealers Pull Bids As Bonds, Stocks Crash; Euro, Deutsche Bank Tumble As Contagion Spreads.

JESTER UPDATE, 30 MAY

RPharmer] JESTER I know you have no idea of the date, no one does. But do you see any good windows for the IQD coming up? I monitor my email several times a day.

[JESTER] RPharmer TO ANSWER YOUR QUESTION THERE IS A SCHEDULE.. WE DO NOT KNOW WHAT IT IS... ALL WE ARE GETTING IS THINGS ARE WELL JUST BE PATIENT... LIKE WE HAVEN'T BEEN PATIENT ALREADY... DING DONGS... HAHAHA

[RPharmer] JESTER Thanks and sooo TRUE. Bwahaha

[tmorrow1953] Jester seems to me that if enough has gone down that they are able to make a schedule instead of just checking off items as they work towards the conclusion, that is a good word.

[JESTER] tmorrow1953 WELL IT MAY BE.. I THINK THEY HAVE HAD A CHECK LIST... ODDLY ENOUGH THE THINGS WE REPORTED ON YEARS AGO ARE THE ONES THAT ARE BEING THROWN AROUND NOW... INTERESTINGLY ENOUGH THE CONTACTS HAD IT RIGHT...
....
[JESTER] tmorrow1953 THE PTB DO NOT TRUST THE US... PROVING WE CAN MAKE THE CHANGE IS  ALL THAT IS LEFT TO PROVE TO THEM IT IS TIME...

[tmorrow1953] If anyone can accomplish that, it is Trump

[JESTER] tmorrow1953 THAT IS THE PLAN... WE NEED TO GET IT MOVED ON THOUGH... THEY LIKE TO WIN THE MID TERMS TO IMPEACH HIM AND THEN WE ARE SCREWED...

[RPharmer] JESTER I keep wondering when the first domino will fall (arrest) will happen in the deep state??

[JESTER] RPharmer IF I KNEW THAT MY SENSE OF CALM WOULD BE COMPLETE...

[RPharmer] JESTER AMEN

[MarySunshine] JESTER It's amazing to see how much the Lord has been involved with engineering this change, one example by putting His hand on Trump... having enough people recognize that this odd duck is the guy we need in the White House at this time.

[tmorrow1953] I have no link....but I read an article the other day that suggested that the FEMA camps were being prepared for these arrests and the convicted at military tribunals would end up at Gitmo. Made for a good read at the least.

[MarySunshine] JESTER The evil structures are crumbling.... so many have been involved with that process for years, and many don't even know they are being used for His purposes of delivering the world of much evil.

[JESTER] MarySunshine THE EVIL IS IN A BAD PLACE... BUT THEY ARE STRONG... I WISH WE HAD MORE PEOPLE PRAYING... IT IS GOING TO BE A CLOSE THING..
.
[JESTER] ONCE IT IS STARTED IT SHOULD PICK UP AND IMPLODE ON ITSELF... WE WILL SEE...

[RPharmer] JESTER I agree. I do pray for him often and believe God has his hand on Pres Trump.

[alfonse] tmorrow1953 Check this out     https://en.wikipedia.org/wiki/Rex_84

[tmorrow1953] Alfonse interesting

[MarySunshine] JESTER Many Many are praying..... and yes... we do need more. So many don't realize what an amazing place and time of opportunity for turn around we are in now. I believe that we will see that implosion.....

[truth] I am praying for our country, our President , all of us, and am trusting God with all my heart. God will show us His good.

[JESTER] AH WELL... ANOTHER NIGHT OF INTERESTING STUFF... AND THANKS FOR ALL OF YOU TRYING OUT THE CBD OIL... IT WILL HELP YOU TOO.. I AM CONVINCED OF IT...

[JESTER] TAKE IT EASY AND I WILL SEE YOU ALL THURSDAY...

KTFA: VIETNAM NUEWS, 30 MAY

Vietnam News

Samson:  Gold conversion a priority: SBV (State Bank of Vietnam)

 30th May, 2018

Converting idle gold held by Vietnamese people into money and other assets may help provide more funding for socio-economic development and business operation, according to the State Bank of Việt Nam (SBV).

SBV said in a recent report to the National Assembly that the conversion of idle gold into other assets may help reduce the dependence of people on gold and lessen the amount of gold held by people in the country, nld.com.vn reports.

Turning idle gold into other assets will change the habit and demand of people regarding gold ownership, making gold less attractive and preventing the development of a gold-dominant economy, according to the SBV.
....
Picture
It is important for people to voluntarily sell gold and switch to other assets so that they can avoid shocks, thus the country may be able to prevent a gold fever among its people.

It would take a long time to complete the conversion, and solutions for the issue must be carried out comprehensively, carefully and synchronously, SBV added.

The SBV has been studying and working with other sectors and ministries to develop the plan on preventing a goldenised economy, as well as planning how to turn gold into resources for the country’s socio-economic development by 2020. In late 2017, SBV submitted to the Prime Minister the draft plan.

It is estimated that there are currently some 500 tonnes of idle gold held by people, worth billions of dollars, which would be very useful if converted into money and other assets to invest in the economy.

According to SBV, commercial banks in 2001-08 were elligible to raise capital and make loans in gold. The policy did help financial institutions raise a large amount of capital for the socio-economic development with a stable gold price level.

However, as the world’s economy turned negative and unpredictable in 2008-11, gold prices suffered from massive volatility, increasing as much as 300 per cent from 2008’s average price level. As a result, gold traded in Việt Nam also moved with high volatility, causing losses for both commercial banks and borrowers.

“As gold was used to raise capital and make loans, the volatility caused a big burden for the Vietnamese economy, raising demand to capture and deposit gold at financial institutions to earn high interests,” SBV said.

“That worsened the condition of the market, increased the chance of gold dependency in the economy, caused volatility for the gold trading market and dampened the Government’s efforts to administrate its monetary policies during that period,” SBV added.

In 2011-13 period, the SBV implemented a number of regulations to stop gold from being deposited and lent. Banks were only allowed to keep gold for customers and customers had to pay the banks a fee for gold keeping.

According to SBV, as gold was forbidden from being borrowed and deposited, the demand for gold declined and more people have switched to making cash deposits, thus increasing đồng-dominated accounts in the system.

Since 2014, gold has become much less attractive and the demand-supply leverage on the market has been quite balanced. Gold trading has been on the downtrend and companies have mostly purchased gold from individual clients.   LINK

************
Samson:  The National Payment Corporation of Việt Nam (NAPAS) completes set for domestic cards

 26th May, 2018

The National Payment Corporation of Việt Nam (NAPAS) recently completed the building of a standard set for domestic cards, according to State Bank of Việt Nam (SBV).

The new set is compatible with EMV standards as well as standards of international card organisations such as Visa, MasterCard, JCB and UnionPay.

NAPAS has handed over technical manuals to banks, point of sale (POS) terminal suppliers and card-issuing institutions so that they can adjust their systems in line with the new standards.

With the new set, SBV expects 70 million bank cards in Việt Nam, which are magnetic stripe ATM cards and can be easily hacked due to weak security features, to be replaced by chip cards with EMV standards by 2020 as planned.

Earlier, international card-issuing organisations had recommended Vietnamese banks to use chip cards meeting EMV standards to increase safety amidst growing card information thefts. Security experts, meanwhile, have warned that Việt Nam’s delayed transition to chip technology can put the country at risk of becoming a “haven” for card criminals from around the world as it is among the few countries where the use of magnetic swipe cards is still prevalent.

As a chip card costs some US$1.5-2.5, Việt Nam’s leading card-issuing banks, such as Vietcombank with 14 million cards, VietinBank (13.7 million cards), Agribank (11 million cards) and BIDV (10.4 million cards), will have to spend nearly $50 million to shift to chip cards.   LINK

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

Samson:  Blockchain to help develop VN economy: seminar

 26th May, 2018

Dr Dao Dinh Kha,director of the ministry’s Department of Information Technology speaks at the Blockchain Festival Vietnam which ended on May 25

Blockchain is increasingly taking centre stage in the IT industry and is expected to help develop Việt Nam’s economy, according to the Ministry of Information and Communications.
Speaking at the two-day Blockchain Festival Vietnam which ended in HCM City on May 25, Dr Đào Đình Kha, director of the ministry’s Department of Information Technology, said blockchain is one of breakthrough technologies of the 4th industrial revolution, and can help develop many different areas of Việt Nam’s economy and society.

“This technology could potentially cause problems,” he admitted, explaining it would disrupt the traditional business structure and have an influence on many segments of the economy and society.

“So ensuring this technology benefits when is very important. A legal framework is needed to resolve potential problems.”

He said the Government is holding discussions with Vietnamese and foreign blockchain experts and companies to draft policies and the legal framework for the technology.

The ICT sector is one of Việt Nam’s key focus areas and is considered one of the driving forces for economic development.

The IT sector has benefited from Government policies, especially with respect to taxation and infrastructure incentives, he said.

Lê Ngọc Giang, a legal and policy expert from the Ministry of Justice of Việt Nam, said: “Policy makers in the country should give the new technologies space and avoid imposing restrictive laws before initial ambiguities are resolved.”

 They should make implicit subsidies explicit, be clear about risks and start planning for levelling the playing field, he said.

“Blockchain can help reduce fraud and contamination and increase the transparency in the production process.

“It is associated with the agriculture supply chain.”

The technology also offers solutions for energy, environment and financial inclusion, he said.  Read Full Post Here:   LINK
Samson:  Vietnam to adopt international accounting rules

 29th May, 2018

Việt Nam is expected to adopt International Financial Reporting Standards (IFRS), replacing the current Vietnamese accounting standards (VAS), by 2020 as part of its efforts to improve transparency, according to experts at a seminar held in Hà Nội on Monday.

The event themed: “Experience in applying IFRS in some countries and roadmap for adoption in Việt Nam,” was co-organised by the Japan International Cooperation Agency (JICA) in collaboration with the Ministry of Finance (MoF) to share experiences on the application of IFRS standards in countries such as Japan, South Korea, the US, Malaysia and China.

Over the past 10 years, Việt Nam has established 26 accounting standards, but now these standards have disadvantages when compared to IFRS, and may create barriers and reduce confidence among foreign investors, said Director of the Accounting and Auditing Policies Department under the Ministry of Finance Vũ Đức Chính.

Chính said businesses’ financial statements under VAS standards cannot accurately reflect the value of assets and liabilities, so the application of the international accounting system is crucial and inevitable.

“However, it is a tough task to apply international standards in Việt Nam because we have many different types of enterprises,” Chính said.

According to Chính, after approval by the Government, the MoF will translate IFRS into Vietnamese so that local firms can accurately and fully understand the contents of the new financial reporting norms.

Trịnh Đức Vinh, deputy director of the MoF’s Accounting and Auditing Policies Department, said that the goals of applying IFRS in Việt Nam are to overcome the limitations of VAS, improve the legal framework for accounting, improve the transparency of financial information, enhance accountability of enterprises and help Vietnamese businesses access capital sources and become listed on the international market.

Regarding the roadmap for Việt Nam, participants agreed that during 2018-20, 10 to 20 simple IFRS standards will be selected to be implemented, and officially applied to all the firms listed on the stock market from 2020. All other businesses that wish to apply IFRS and find that the application is possible are also encouraged to do so.

Sharing experiences of some countries in the world, Sekiguchi Tomokazu, a representative from audit company KPMG in Việt Nam, said that the roadmap for the application of IFRS of each country differs depending on the actual situation of that country.

In Korea, all listed companies, financial institutions, state-owned enterprises and other public interest entities are subject to the mandatory application of IFRS from 2011, he said.
Meanwhile, in China, firms are still required to apply the Chinese national accounting standards, so there are no specific rules for applying IFRS, Tomokazu added.

A representative of JICA said that the application of IFRS is very important. In Việt Nam, JICA can provide financial and technical support, facilitate the exchange of experiences on applying IFRS in Japan and help strike a balance between the application of IFRS and the national accounting system.   LINK

The Big Call w/Bruce Intel Only

TNT TIDBIT, 30 MAY

Column1:  Just Tweeted... The Cabinet held its weekly meeting in Baghdad. The Cabinet discussed energy, housing and financial reforms and agreed measures to accelerate transition to electronic payment of salaries    https://t.co/dcN2PXM1jR

Harambe:  Bloomberg: Indonesia Raises Key Rate for Second Time This Month to 4.7​5% https://www.bloomberg.com/news/articles/2018-05-30/indonesia-raises-ke​y-rate-for-second-time-this-month-to-4-75

Harambe:  Bloomberg: Iran Is Clamping Down on Online Freedoms https://www.bloomberg.com/politics/articles/2018-05-29/as-u-s-pressure​-mounts-iran-clamps-down-on-online-freedoms

Harambe: Reuters: Iran's oil exports fall in May, when U.S. quit nuclear deal: Petro-Logistics https://reut.rs/2Jg8Bxm

Harambe:  AP News: Zimbabwe sets 1st post-Mugabe elections for July 30 https://apnews.com/ce7f327fe060497dbe18e96d5ffd72c8

PrayitForward:  Positive Affirmation Time? I should read these things daily, but just ran across this: "I am powerfully protected and I am Love, Kindness, Healed and Filled with Energy to Accomplish My Dreams. I am making my dreams come true. I am so Grateful, Highest Love and Goodness and Universe as well for having my back!"

KTFA UPDATE, 30 MAY

KTFA:

Hazen:  Question:  Aren’t there some big meetings in Iraq & US today (U.N.)?? Any news on this?

Boxman:  it is ongoing at present...several speakers Peru, Kuwait Poland and others congratulate Iraq on success against Daesh, condemn the suicide bombers, wishing Iraq well on the peaceful election and transition..still in process..

DinarDiva1:  UN Security Council will hold a session on the situation concerning #Iraq on Wednesday, 30 May 2018, at 10:00 a.m. EST. SRSG for Iraq, Ján Kubiš, is expected to brief the session shortly after it commences. Live webcast: http://webtv.un.org

LeHouston:  And before we know it, Christmas will be here 

Frank26:  I PREFER TO SAY .................... AND BEFORE WE KNOW IT ................ THE RI WILL BE HERE......... WHY DO YOU PREFER TO SAY THAT FRANK26 ?
BECAUSE ................ WE ARE TO ENCOURAGE EACH OTHER.(smile)
....
************

Samson:  Pressure on Hong Kong to Scrap Currency Peg

 29th May, 2018

Hong Kong is waging an intensifying battle against currency traders. Since April, the territory spent at least $9 billion defending its peg to the US dollar, and there is plenty more where that came from.

The city’s monetary authority is reminding speculators it has $434 billion more in firepower. Trumpeting the world’s largest per capita foreign exchange reserves is central banker-speak for “do not try us”, Nikkei reported.

But this is not another case of speculative traders like the financier George Soros in the 1990s betting against a currency peg. The pressure this time comes from economic logic. The peg is here to stay, a who’s who of Hong Kong experts assure the investment world. The 35-year-old link, pundits claim, is the linchpin of an economy often regarded as the world’s freest.

Yet as Hong Kong scuffles with short-sellers, is it fighting the wrong war? If only Chief Executive Carrie Lam and Norman Chan, who heads Hong Kong’s de facto central bank, spent as much time and resources addressing worsening inequality and social mobility.

The falling Hong Kong dollar is a distraction—more symptom than cause of the challenges bearing down on the territory. The currency is not sliding because investors lack faith in an economy growing more than 4%. Rather, Hong Kong is captive to its role linking China and the US.

In theory, the Hong Kong dollar should be surging. As the Federal Reserve ratchets up interest rates, the Hong Kong Monetary Authority is obliged to tighten in step. Its markets also are heavy recipients of cash from mainland investors moving wealth offshore
.
Even so, the currency is sliding because of a massive “carry trade”. Investors are borrowing cheaply in Hong Kong to buy higher-yielding assets in the US, where 10-year treasury yields are near 3%. That is turning the “freest” economy into the world’s biggest funhouse mirror, reflecting back the confusing tensions which economies face as Chinese and US monetary policies diverge. Washington is yanking away the punch bowl of cheap money; Beijing is still in refill mode.

  Grappling With the Monetary Crossfire

Good news for President Donald Trump’s America, as those inflows into the US support a stock rally on which his presidential legitimacy partly relies. It also helps America fund a giant $1.5 trillion tax cut. Not so much for Lam and Chan, who must grapple with the monetary crossfire.

All that defending, though, affords less time to alter Hong Kong’s worrisome trajectory. Its experience back in 1997 is relevant here for two reasons. One, that was the last time markets wagered seriously, during the Asian crisis, that Hong Kong might scrap the peg. Two, economic inequality has widened markedly since then. Twenty years after the handover back to China, charity Oxfam labels Hong Kong one of the most inequitable places on the planet.

China’s cash plays an outsized role in Hong Kong’s deteriorating “Gini coefficient,” a key income-gap metric. Its 0.54 reading is the highest in four decades, and the problem has intensified since ‘97. As mainland wealth pushed up property prices, local wages stagnated. That disconnect pushed living costs out of the reach of middle-class families and, increasingly, millennials.

In February, Hong Kong announced an $18 billion fiscal surplus, an amount double that spent defending the currency. So, Hong Kong surely has the resources to get its Gini coefficient below 0.4, the inequality level regarded as dangerous.

It is best, says Paul Yip, chair of population health at the University of Hong Kong, “to face the problems and respond to them in a timely manner and while we have the money”. That means making more affordable housing a government priority, along with wider social safety nets and more affordable health care and education.

Defending the Hong Kong dollar’s peg to the US currency takes away resources from spending for a better economic future.  LINK

*************
Samson:  Moody's cuts Turkey's growth forecast to 2.5% in 2018

30th May, 2018

Moody's has revised its forecast for Turkish growth in 2018 to 2.5 percent from its previous forecast of 4 percent, while rising oil prices and a devaluation of the pound have negatively impacted overall growth in the second half of the year

Moody's also said in a statement on Wednesday that the recent announcement by Turkish President Recep Tayyip Erdogan on the control of monetary policy after the elections weakened the independence of the Central Bank of Turkey   LINK

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

Samson: Indonesia Ready to Trade Growth for Stability

 29th May, 2018

Indonesian Finance Minister Mulyani Indrawati said the government is willing to accept slower economic growth as a trade-off for stability.

“All of us are ready to implement any policies needed to protect Indonesia’s economy,” Indrawati told reporters on Monday in Jakarta. “So, if we have to make adjustments in the short run that will result in slightly lower growth, that’s a consequence that we will take,” Bloomberg reported.

Policymakers have been forced to shift focus to stability amid a rout in the currency even as the economy is still struggling to fire up. Almost all economists predict the central bank will raise interest rates in an early policy meeting on Wednesday, which would be the second increase in two weeks.

Indonesia’s economic growth is stuck at about 5%, well below the 7% targeted by President Joko Widodo. The government would accelerate reforms to support growth and would continue working with Bank Indonesia on a coordinated policy response to the current market turmoil, Indrawati said.

“We won’t hesitate to make well-timed responses to maintain the stability of the financial sector,” she said.

Indonesia’s new central bank governor has set the stage for a second interest rate increase in two weeks, as he wastes little time in acting against a currency rout.

A day after Governor Perry Warjiyo was sworn into office, Bank Indonesia announced the monetary policy board will meet this week, about a month before its next regular monthly scheduled one. The move helped to boost the currency 1% against the dollar on Monday, the best performer in Asia, and pare back its decline for the year to 3%.

Warjiyo has pledged to act early and be ahead of the curve when it comes to policy, a stance he reiterated on Monday. He told reporters in Jakarta the out-of-cycle meeting is a pre-emptive step ahead of the Federal Reserve’s next policy decision on June 14.

That would give Bank Indonesia the chance to adjust policy before the Fed’s expected tightening move. Indonesia’s regular monthly meeting was scheduled for two weeks after the Fed decision.

Like central banks in emerging markets from Argentina to Turkey, Bank Indonesia is stepping up its action to stem a global rout triggered by rising US interest rates and a stronger dollar.   LINK

IQD CHAT, 30 MAY

Xbruster69President of the Republic Fuad Masum held a meeting on Tuesday evening, with Vice President Nuri al-Maliki and Iyad Allawi and Osama Najafi, to discuss the results of the elections.... would have liked to be a fly on the wall, of that BS session lol

Doug_W      me TOO

AM Xbruster69      "The President of the Republic is keen to take all necessary measures to maintain the integrity of the democratic process in accordance with the provisions of the Constitution and in a way that protects the supreme national interests of the country."

Xbruster69    finish the House, after the special meeting chaired by speaker Selim Jabouri Wednesday, read the third amendment proposal to the House of representatives election law number 45 of 2013.
 ...
​At the outset of the session, the President said the House eligible to hold a special session in accordance with the powers granted to the Council Presidency, "alluding to the" special meeting aimed to correct the electoral process and marred by errors.

The Board completed the first reading of the proposed law amendment III of the House of representatives election law number 45 year 2013 legal Committee due to legal and technical violations that marred the electoral process that took place on 12/5/2018, to protect the democratic process with that provide confidence in the integrity of Election fairness and enable UNHCR to conduct a count and recounts.
And then decided to resume the session on Saturday

Tebow     another day raining
Doug_W     Tebow yes

Clay     21 inches here so far this month 3 more expected todaySent on:7:51 amroads falling apart mudslides etc schools 2 hour delays

Clay    what a mess Doug
Doug_W     and yet life ticks ahead EH
Clay     yes

Zig     "wdave1  Cash out while you can if you can."..........LOL....wdave is our resident "NAYSAYER".....he believes the Dinar investment is nothing but a total SCAM....he has relatives who invested......we do not censor people like wdave as long as they don't call us bad names....lol....wdave has always been respectful so we "tolerate" his visits.... :naNa

spankie     Clay hey -- use this for non paying bills or the neighbor that keeps harassing u https://bringatrailer.com/listing/1944-stuart-m5a1/

Clay     spankie lol GM
spankie     hey buddy-- busy day?
Clay      very nice

Clay     slow due to weather     3 more inches today     flooding all over

spankie     same here - cannot cut the darn grass
Clay     I know and my vegtable garden is shot     under water all grass

spankie     maybe part of that hurricane out of fla
Clay    some but its been raining all month   22 inches

Doug_W     spankie that is on Ky now

spankie     k    non astop east tn - clays getting more in asheville

Clay      spoke to my friend in Ellicot City MD last night he is ok       is it Ellicot or Endicot lol
Clay     yes 3 more inches today

spankie     hope this is not our future -- too much rain, flooding many places- global

Clay     me too
Clay     major sink holes in most roads too

spankie      three days ago-- 3 years of rain in a day
https://www.reddit.com/r/interestingas****/comments/8mn216/oman_storm_brings_three_years_rainfall_in_single/

Clay     amazing

Clay     where

Spankie    https://www.reddit.com/r/interestingas****/comments/8mn216/oman_storm_brings_three_years_rainfall_in_single/

spankie     sorry page wont load

Baxter      still raining there?
Spectra     raindropps keep falling on your heads like the song..
​Baxter     supposed to start here after noon...

Baxter     cant believe that lava is still flowing in Hawaii..... amazing
Spectra     Baxter you should read the TWW post its a pretty good second hand testimonial.

Baxter     i did read it last night     interesting

spankie     exciting for sure

Clay     Spectra GM great post

Spectra     Baxter This he told me when he first came on the chat ..i can verify that much

Baxter      probably true..

Spectra      Clay and he shared the same story with me a few years back or when he first came on here dont remmebr when exactly

futuremoney     what story is that?

Spectra     The story doesn't surprise me ..Because ive heard of those stories before from my own husbands friends who worked in Kuwait when it happened .They too had similar experiences too share..Therefore my conclusion is it must have really taken place..

Spectra      futuremoney TWW friends exchange story..

futuremoney      I missed it

Spectra      Zig we have a request for TWW story ,he says he cannot see it?

Spectra     futuremoney did you scroll back ?

JoeSchmoe     "TWW"
"Back in the 70's I was working for a developer in Hawaii where I met an architect/developer from Riyadh...Ahmed & his wife bought 2 waterfront condos thru me...

We three went to dinner and he proposed a job opportunity to produce market studies & marketing material for possible property investments... This position was in Riyadh...The future developments would be in Abu dhabi, Bahrain & Kuwait...I went to work there in 1988-1989...

I was paid thru a bank in the UK via plastic card in USD.. But my monthly bonuses were also paid in USD & KWD (Kuwaiti Dinar) for the 2 yrs... He explained that the KWD was on the way to a RI...

For this could be the best bonus plan ever... He spoke often about the KWD... He had a friend, cousin, in the currency biz..(They didn't have laws about insider trading there.)..

My pay was very good so I bought quite a few KWD also thru his cousin...As I left Saudi Arabia back to the USA, I had shipped most of my KWD to a family member to keep sealed until I returned back home...

Ahmad called me from the UK for me to call one of his connections here in the USA, NYC... His contact then called me in mid December in1990 & instructed me about Kuwait Re-Instituting their currency, KWD, very soon...At that time the KWD was worth 5cents to the USD...

He gave me the date the exchange was going to be available... I flew to NYC to do my exchange with Ahmed's friend Omar...The exchange rate for the KWD went to $3.41...
​Their currency did not RV, they had a currency so they RI'd their currency...With that being said I "propose" this: Abadi takes suggestions from Kuwait...remember the conference?.. That was to see what other Arab leaders thought about the IQD values when it comes to investing in Iraq...

We know what happened at the conference... So now Iraq is still following Kuwait's assistance on how they went thru the RI process... Iraq may not RV but follow Kuwait experience and RI... This is my own humble experience & true to life event."

futuremoney      sounds true

JoeSchmoe     either it's true, or it's part of the most elaborate hoax in the history of hoaxes lol

futuremoney     RI or RV...I don't care..just do it!

Doug_W      FINGERS crossed

futuremoney      and toes

Doug_W     and eyes

futuremoney    ouch     not that coordinated

Spectra     JoeSchmoe he told me the story before ,over a year ago maybe more..

Doug_W     I was born that way so its natural 4 me

futuremoney    figures

Doug_W     futuremoney That is ONE reason ppl call me "twisted" LOL

futuremoney     LOL

Spectra     THE SERPENT in the garden was too.

Doug_W       SOO Dorothy how goes it today there in OZ?

Spectra      Doug_W 1313 Mockingbird Lane....Tell me Herman how is the weather in your neck of the woods.?

Doug_W      lovely its damp and raining dreary

Spectra     Mocking Bird Ln ..the name of the street you live on ....how silly is that?

Spectra      Doug_W AND WHO ARE YOU tin MAN or hERMAN>?
Doug_W      yes I am

Spectra      ok then enough said

Doug_W     depending on which side U can see

Spectra     at least you are a man...LOL ..uNLIKE SOME HERE..
Doug_W.................    are U teasing $$ again Dorothy?

Spectra    ITS what you like ?

Doug_W    poor future $$

Spectra    i think we have some fun in here ,life should not always be serious..

Doug_W    amen Dorothy
Spectra    Doug_W That is how i live my daily life ..A certain amount of carefree nature is good.

Doug_W    it would B nice IF you showed it more often tho
Doug_W    ur a "GOOD TIME" Scrooge lol

Spectra     Doug_W Herman ? i do evryday...

Spectra      Doug_W never a scrooge ,too giving in my real life far from this..
Spectra    Got to love perceptions.This shows we really do not know the people we speak too in here...

Spectra      The best part of this chatroom is they allow people to be them selves,as long as they are not using vulgarity ,profanity ect....Being your self makes it different and unique to other chatroom's.

Spectra      There are many different kinds of people here too,so we all cannot agree. Acceptance can be a challenge for some.The greatest lesson is tolerance in a chatroom ....

Zig     This chat room can change from serious to silly on a dime and vice versa....you won't like everything here....impossible....you will have no interest in some of the conversations....so just scroll up....

any topic is fine so just start your own at any time....multiple conversations can occur simultaneously by just clicking on the person's name whom you are addressing....no need to comment and say you have no interest in something.....just ignore it....participate in what interests you or just lurk..... :)

dinard    Dilly dilly fellow dinards.    No sign of sandal man yet huh?
dinard     Great talk gang. Off to go hike the ole trails. Peace out haters and appreciators

 Spectra     KTFA-POST--((((Live broadcast of the Security Council session on Iraq)))) https://www.alghadpress.com/news/%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-

 Spectra     Security Council: The situation concerning Iraq (8271st meeting )
30 May 2018 - Eighteenth report of the Secretary-General pursuant to paragraph 4 of Security Council resolution 2107 (2013) (S/2018/353)

Report of the Secretary-General pursuant to Security Council resolution 2367 (2017) (S/2018/359) http://webtv.un.org/

Spectra    SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate was stable in the Kurdistan Region’s currency markets on Wednesday (May 30).

Broker Dana Mawlud told NRT that $100 was selling at 120,150 Iraqi dinars, maintaining the same rate as the previous day.

Mawlud also reported that 100 British pounds was at 159,000 and 100 euros was at 138,000.

Doug_W    the pound has dropped a LOT lately Dorothy

Doug_W    I remember it at well over $2.50

Spectra    i don't care about the pound really..lol

Doug_W  nor do I I was just saying it has dropped

Spectra    yes it has
Spectra      Big Meetings going on today with Iraq,with The U.N ....

Ron Bandy    UN is inquiring about the Election Results, at Voting Stations..

blackgold   https://steemit.com/

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

Doug_W   BG since my W 10 updated I can not get Utube 2 play
Doug_W   wow over 400 PPL on a call 
​Ron Bandy   Urgent letter to QUEEN ELIZABETH II from HM. KING TVM-LSM-666 https://www.youtube.com/watch?v=iCIy802EsJc

 Spectra   Ron Bandy That is a strange one???

 Spectra   ((Advisor policy to Abadi: coming to economic risks)) 30th May, 2018
The economic adviser to the Iraqi government, the appearance of Mohammed Saleh on Wednesday of economic risks threatening Iraq if the process of forming the government exceeded the specified time limits.

Expectations of the delay in the formation of the Iraqi government because of the complexities imposed by the results of the recent elections that took place on the 12 of this May and the accompanying protests and appeals and attempts to cancel the results in whole or in part, the latest decisions of the Iraqi parliament in this regard.

Spectra  
http://www.shafaaq.com/ar/Ar_NewsReader/8f6ebbaf-e86f-4fd5-8776-6f63c0e505b5

Baxter   UH OH.... A new word for the Arabic Language...(Delay).......
Doug_W   Baxter your FUNNY
IQD CHAT