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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, June 9, 2018

The exchange rate is stabilizing in the local currency market , 9 JUNE

Foreign currency
  
09/06/2018
 

Economy News Baghdad

The dollar exchange rate, Saturday, stabilized against the dinar in the local currency market.

According to the figures received by "Economy News", the price of selling the dollar in Baghdad today was 119 thousand and 250 dinars and the purchase price 120 thousand and 250 dinars compared to $ 100.

On the Basra Stock Exchange, the sale price today reached 119 thousand and 250 dinars, and the purchase price is 120 thousand and 250 dinars for one hundred dollars.

While the sale price of the dollar on the Arbil Stock Exchange today 119 thousand 250 dinars, and the purchase price 120 thousand and 250 dinars compared to $ 100.

http://economy-news.net/content.php?id=12598

EXCERPTS OF IQD CHAT, 9 JUNE

chattels    [Ayna-Baghdad]
The Iraqi Oil Ministry announced on Wednesday to start loading an oil shipment that will be exported through its marine carriers for the first time in 27 years. Read more at

http://www.alliraqnews.com/modules/news/article.php?storyid=74516

chattels    The company stopped transporting crude in the early 1990s, when the embargo was imposed on the country following Iraq's invasion of Kuwait.

The disruption of Iraqi seaports for many years at the ports has eroded them, and some of them have been turned into invalid scrap for re-entry.
​Iraq is reviving its fleet of marine carriers, as well as developing oil sector infrastructure, in parallel with its work to increase crude production.

Chattels    BAGHDAD / Iraqi National News Agency / nina / MP for the National Coalition Kazem al-Shammari for reaching full understandings with my list / and / and / wisdom / within the efforts to form the largest parliamentary bloc.

Al-Shammari said in a statement today: "This understanding will contribute to the formation of a real cohesive alliance within the national space."

Al-Shammari revealed that "there are similar dialogues with the Kurdistan Democratic Party and the lists of Fatah and the resolution in addition to other political forces," adding: "Today everyone is waiting for the final outcome after the recent decisions issued by the Council of Ministers and Representatives to correct the electoral process."

https://www.ninanews.com/News_Details.aspx?qhRiWSFPuZpknqBZSilqLQ%253d%253d

chattels    [Ayna-Baghdad]   House of Representatives postponed its scheduled session on Saturday to another notice.

"The House of Representatives decided to postpone its scheduled meeting on Saturday, to another notice [without knowing the reasons]," a parliamentary source told All Iraq.

http://www.alliraqnews.com/modules/news/article.php?storyid=74615

chattels    Friday, June 8, 2018    Iraq’s Election Commission Dismissed, Recount Ordered As Parties Continue To Undermine Democratic Process

http://musingsoniraq.blogspot.com/2018/06/iraqs-election-commission-dismissed.html

chattels    [Parliament] voted to amend the election law, cancel the voting by displaced in Anbar, Diyala, Salahaddin and Ninewa, and conduct a recount. The Election Commission is also to be replaced by nine judges. The president must ratify this action, which could take up to two weeks.

chattels    A recount is unlikely to dramatically change the results, especially because all the major lists finished with around the same number of seats. Therefore, the only real motivation of these actions is to further undermine the election process. Iraq is a developing democracy, and this election and the 2010 one show that the elite still believe they can manipulate the system to their will, especially when they don’t like the results.

chattels    Informed sources on Saturday revealed the start of manual counting and results of the last parliamentary elections on Wednesday, while it indicated that it will take 10 days after the assignment of more than 10 thousand employees to work in the warehouses of the Commission.   LINK

chattels    Courtesy DinarAlert

chattels    Saturday, 09 June 2018     BAGHDAD / Al-Ghad Press:
The exchange rate of the Iraqi dinar against the US dollar, in local trades, on Saturday, the following arrangement:
Baghdad - Bourse struggle:$ 119.800 = $ 100

https://www.alghadpress.com/news/Iraq-News/161672/AlghadPress

chattels    09/06/2018    Economy News Baghdad
The dollar exchange rate, Saturday, stabilized against the dinar in the local currency market.
According to the figures received by "Economy News", the price of selling the dollar in Baghdad today was 119 thousand and 250 dinars and the purchase price 120 thousand and 250 dinars compared to $ 100.

http://economy-news.net/content.php?id=12598

chattels    Courtesy DinarAlert

chattels    David M. Witty @DavidMWitty1   Legal team replaces Iraq High Election Commission & supervises hand recount of votes from 12 May. This will take 3 weeks. (Authorities of current government end 30 June & if no new government formed, a temporary government with limited powers takes over)

http://mobp.as/Riqam

chattels    So, at this point there has been no ratification of the election results by the Iraqi Judiciary. The timeline for government formation has not begun until the act of ratification.It appears that it may be after June 30 until the completion of the recount and the election results can be ratified. Iraq will have a caretaker government beginning about July 1st. It is unlikely that Iraq will have a new government until late August or early September, IMO.

Baxter    Kind of looks like....2019.. Here we come.... eh Chattels

chattels    Baxter I have opined that the first quarter of 2019 seems like the earliest date for completion of monetary reform and the realization of any value for us.

chattels    Not a prediction, but nothing likely before then is my sense of it.

chattels    Baxter I am hanging on / in and trying to keep the faith.

Baxter    Oh.. I will hang on... what else am I gonna do with it....

chattels    Baxter Verily, verily. :)

Zig    Debbie, from the "IQD Team," sent me an e-mail yesterday.........they do plan on EVENTUALLY doing another conference call......

spankie    sounds like a re-run of the last election-iraq is a joke

xyz    6-9-2018 Mnt Goat Article: "SECURITY COUNCIL SANCTIONS COMMITTEE CONCERNING IRAQ REMOVES ONE ENTITY FROM ITS SANCTIONS LIST" ...this is WOW! news. Now the Central Bank of Iraq can do business with the outside world. Apparently when they told us last year that Iraq was “fully” out of Chapter VII sanctions this was not entirely accurate. But this is fantastic news today. Could this be why they would not let the CBI reinstate the currency up to now?

xyz    Trump and Kim Jong-un went for a walk in Singapore
https://twitter.com/BBCWorld/status/1005439919349796864

Hennessy    so i met an iraqi yesterday here in california, he was my lyft driver, we had a interesting talk

Hennessy    his family was pro sadam, but sometime in 1992 him and his family had to leave and moved to dubai, where his father became a taxi driver, and they moved here to america about 3 years ago, so his kids can go to school here. i asked him about the dinar investment, he looked at me and said people have been talking about that for years, its all BS

Hennessy    and for the next 20 minute car ride, he went on to talk about life in iraq back then, he told it like life was actually pretty great. no war, everyone had food, electricity, schools, not many people were suffering. until US came in and messed up their country

Hennessy    and how the iraqi government is so corrupted, and US is there taking free oil, he dont believe any iraqi citizen will benefit from the oil wealth anytime soon

xyz    Hennessy interesting you met a deep uniformed rooted source who think you get free gas to drive around ;banana

Hennessy    supposedly its common knowledge there that iraq has so much oil, every citizen is suppose to receive $870 USD PER DAY, but they dont see that happening anytime soon

Hennessy    hey im not saying i believe anything he says

Hennessy    just telling you guys my experience with the first iraqi i ever met lol

Hennessy    and clearly from the way he was talking, he was very pro sadam and hates us

Zig    ZIGGY'S COUNTDOWN TO IMF COMPLIANCE: (IDEA STOLEN FROM "KAPERONI")......5 DAYS...12 HOURS....WILL THEN BE 90 DAYS WITHIN 2% RANGE....CAN THEN APPLY TO IMF FOR ARTICLE 8....THEN WOULD BE INTERNATIONALLY ACCEPTED....THEN THE FLOAT COULD START!......... 'happy-dance

Pennywise (Movie "IT"):   [Pennywise's face begins changing from a smile to a frown] "Oh, yes... They float, Georgie... They float... and when you're down here with me... YOU FLOAT TOO!" ​
​Baxter    Kaperoni :    The current rate of the Iraqi dinar 1190 is real and accurate and a result of monetary policy accomplished over several years when Shabibi was in charge it's not artificial or program rate. 

The recent change in the exchange rate in year 2015 to 1186 now reflecting 1190 is real and a result of discussions between the IMF and the CBI to monitor the conditions in Iraq and the subsequent reforms. 

As I said before numerous times if and when the CBI accepts IMF Article VIII they will have to get off the peg and move to some type of float allowing the dinar to gradually rise based on investment and capital influx. This is no overnight event.
:Thumbs-up

Zig;   Woho ....KAP....Time for another visit!!...You out there?....Or are you scared of Tebow and Tman... ;scared

Baxter    Well.... he has one follower in here at least............ME......... I believe him...

Zig    Baxter : You are brave to admit that in here....lol

Its needed a formed new govt for the RI?, 9 JUNE

June 6th…Parliament is supposed to meet and swear in the new Parliament members for the July 1st first session of the new parliament. 

Also, they told us they will announce the candidate for the new prime minister whose job will be to form the new government within 90 days. 

Do we need the “fully” formed new govt for the CBI to move ahead with the reinstatement process of the dinar? 

I am being told we do not and the CBI plans to move ahead as long as any candidate presented (we know it will most probably be PM Abadi again) will create political security in Iraq and support the monetary reform process and other economic reforms of the country.

DINAR GURUS UPDATE, 9 JUNE

6-9-2018   Newshound Guru Kaperoni   The current rate of the Iraqi dinar 1190 is real and accurate and a result of monetary policy accomplished over several years when Shabibi was in charge it's not artificial or program rate.  The recent change in the exchange rate in year 2015 to 1186 now reflecting 1190 is real and a result of discussions between the IMF and the CBI to monitor the conditions in Iraq and the subsequent reforms.  As I said before numerous times if and when the CBI accepts IMF Article VIII they will have to get off the peg and move to some type of float allowing the dinar to gradually rise based on investment and capital influx. This is no overnight event.

6-9-2018   
Newshound Guru chattels   Quote:  "Legal team replaces Iraq High Election Commission & supervises hand recount of votes from 12 May. This will take 3 weeks. (Authorities of current government end 30 June & if no new government formed, a temporary government with limited powers takes over)"  So, at this point there has been no ratification of the election results by the Iraqi Judiciary. The timeline for government formation has not begun until the act of ratification.  It appears that it may be after June 30 until the completion of the recount and the election results can be ratified. Iraq will have a caretaker government beginning about July 1st. It is unlikely that Iraq will have a new government until late August or early September, IMO.   ...I have opined that the first quarter of 2019 seems like the earliest date for completion of monetary reform and the realization of any value for us.  Not a prediction, but nothing likely before then is my sense of it.

6-9-2018   Newshound/Intel Guru Mnt Goat   Article: "SECURITY COUNCIL SANCTIONS COMMITTEE CONCERNING IRAQ REMOVES ONE ENTITY FROM ITS SANCTIONS LIST"   ...this is WOW! news. Now the Central Bank of Iraq can do business with the outside world. Apparently when they told us last year that Iraq was “fully” out of Chapter VII sanctions this was not entirely accurate. But this is fantastic news today. Could this be why they would not let the CBI reinstate the currency up to now?

6-9-2018   Newshound Guru Kaperoni   Today there is more discussion on the desire to do a manual recount of election results. These efforts if successful could slow down the process of forming a new government for several months.  More importantly these kinds of activities drastically curb the desire for International Investment in Iraq.  

Bus. Trust Conf. Call w/Carol Werelius

FRANK26 UPDATE: “Implementation in Progress”, 9 JUNE

Sunny:  FRANK26 UPDATE, June 8, 2018, “Implementation in Progress”

The information below is rumored to have come from Frank26 via a compilation of notes and not necessarily in the order they were given – Sunny

FRANK26 UPDATE, June 8, 2018, “Implementation in Progress”

Except where noted all is in Frank’s opinion:

"Implementation" is the process we are now seeing.  The announcement of the UNSC (United Nations Security Council) is a huge step for the RI.  They removed OFAC, all restrictions on Iraq's currency.

This announcement from the UNSC is one of the items that will be included in the multiple announcement from the CBI via the billboards and presentation boards.  The release in The Gazette is going to get even better than this. 

THE ANNOUNCEMENTS HAVE STARTED!
....
Refer UNSC Release of CBI, June 7, 2018:

UNSC unfreezing the CBI assets that backs up the currency and exchange rate of the IQD.  The Iraqi Dinar is now in a position to leave its Iraqi borders and banks and go to  International Global markets.

Due to what the UNSC just did with the CBI they are now capable of International trade.

Only now. . .being released to the Global Markets.  The CBI wants the world to take their currency seriously and the UNSC agrees.

CBI New Building:   http://www.zaha-hadid.com/architecture/central-bank-of-iraq/  

The RI is even closer.....

·  Abadi is the Prime Minister.

·  Iraq has a functioning government as we speak.

·  Any BS about a recount is only because the losers are complaining.

·  Recount will expose the losers fraudulent actions in the election ballots.

The Second Article is unfolding.  Walking stick wants you to know, that is a FACT in front of our faces.

IMO because Malaki is now frozen post elections, he will not have immunity soon.

Iraq does have a seated government, still.  The old Parliament is in effect.  The CBI will do the RI when told.    Implementation of the RI steps happening now.  CBI and all global  banks are waiting for the GO from . . .

Today I now amend your notes to call it the four headed monster:  IMF, WB, UST  & Trump, President of the USA.

From the moment of his inaugural dinner Trump had everything to do with this RI.

I leave you with this final thought.  Unfreezing the CBI assets is the support for a higher Exchange rate . . . not the "Program rate," in effect now.

We look for the next IMF meeting...on Article 8.  WS confirms "Implementation" in progress....Date?   So much more to come. . . Each new revelation of the RI brings the finality we seek so much closer to us.

WHAT HAPPENED YESTERDAY WAS COLOSSAL FOR THE RI!

TNT UPDATED, 9 JUNE

TNT:

Uni345ty:  I would like to see some positive news today or this weekend and going to the banks on Monday

RVAlready:  Everything seems to be primed and ready….  I am hoping that the dinar and the Zim bust loose on Monday

FullSail:  the positive news is..... the planet is still spinning, we are on it on the right side of the lawn, holding a fistfull of currencies about to revalue. Keep the Faith!!!
Annie68:  Were supposed to see this before or during EID, I'll take before! All to be done by the 18th.

Briona:  I hope we get a good report from the Supreme Court, so we can put an end to this crazy election fiasco, and get on with the Monetary Reform.

LinnieQ:  Ditto Briona; AND that they don't come up with another of their illusive "reasons" or challenges to keep the RV in its never ending holding pattern. I can't figure out why they don't want it. They have the most to gain. Nothing makes sense. Nothing!
....
Briona:  It seems like certain people in the government, care only for their survival, and the heck with the people suffering throughout the country, and will stall and do whatever they can for their own benefit.

DSM:  Just a speculation: Christine Legarde was sitting next to POTUS at the G7 this morning.

1DeserRat:  Can you imagine the news stories next week, with all that is going on? I do see it happening while we sleep. I do see it very much as it was with Kuwait RI. Just bam and no one says anything and the world keeps on turning. Has been that way all the time through USA history.

DSM:  1desertrat...like the way you think....lol

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

Italy Hit By Biggest Depositor Run Since 2012

by Tyler Durden

Sat, 06/09/2018 - 12:31

In the aftermath of the recent political and market turmoil in Italy, last weekend we were surprised to report that none other than JPMorgan came to the unexpected conclusion that what Italy's Euroskeptics are hinting at, if not explicitly pushing for, namely Exitaly, may be the best option for the country, however one which would not take place without major market turbulence.

At the heart of JPM's argument is that with Italy effectively owing the Eurosystem €426BN via Target2 imbalances, it has the leverage to if not start with a clean slate, then certainly threaten to do so...

https://www.zerohedge.com/news/2018-06-09/italy-hit-biggest-deposit-run-2012

GURU ARTHUR TIDBIT, 9 JUNE

HAVE DONE MY PRELIMINARY DUE DILIGENCE ON THE ENTIRE UN RESOLUTION 1483. THOUGH MORE STUDY AND CONSULT WITH MY UN RESOURCES ARE NEEDED...I CAN EVEN NOW SAY THIS IS AN HISTORIC MOMENT FOR OUR INVESTMENT. I HAVE ALWAYS SAID WE DON'T KNOW WHAT WE DON'T KNOW AND THIS ONE WAS THE MOTHER OF ALL OVERSIGHTS! UNBEKNOWNST TO ALL OF US....THE PTB HAS BEEN HOLDING THIS UP VIA THIS UN RESOLUTION 1483.  IT SPECIFICALLY FREEZES THE PROGRAM RATE IN PLACE DUE TO PARTS OF CHAPTER VII SANCTION GOING BACK TO SADAAM HUSSEIN. 

AS OF THIS RELEASE...THE CBI IS ONLY NOW FREE TO COMPLETE THE MONETARY REFORMS UP TO AND INCLUDING THE REINSTATEMENT/REVALUATION OF THE IRAQI DINAR. IT IS MY OPINION WE WILL NOW SEE SWIFT ACTION BY THE CBI AS ALAK WILL NOW HAVE CARTE BLANCHE TO COMPLY WITH ALL IMF MANDATES TO END THE MCP AND THE CURRENT WINDOW IN REGARDS TO THE AUCTION PROCESS.  WE NOW HAVE THE "SUITABLE CONDITIONS" CBI GOVERNOR ALAK HAS BEEN ALLUDING TO.  STAY TUNED. HERE WE GO!

IQD RV News Update (RANT# 171)

KTFA UPDATE, 9 JUNE

DELTA:  BUY & SELL IQD IN IRAQI MARKET..

03-Jun.. 1199- 1197
04-Jun.. 1199- 1197
05-Jun.. 1199 -1197
06-Jun.. 1196- 1193
07-Jun.. 1198- 1194

Greenclan:  On schedule to hit 1200 by 13th before EId
....
​************

DELTA:  CBI HOSTING WEB SITE IS GONE... Account Suspended

http://cbi.3eyon-host.net/cgi-sys/suspendedpage.cgi

Iobey777:  WOW!!! Thanks Delta!! IMO, just another step closer to seeing the RI!  ?? Weren't we told that this would happen just before they showed the new rate? Like..when things were COMPLETED?

KBC123:  Wow! No need to have the other site if they are going to merge the two! How exciting!   Thanks Delta!

Rich4hyip:  looks like they dont need that page anymore,two merged into one.so close how exciting it is.

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

Din961:  World Bank: 5 Threats to the Global Economy

09/6/2018 12:00 am

Warnings {Global Growth Prospects}

Capitals / follow-up morning

The World Bank has warned of the current state of the global economy, with risks threatening the end of the international recovery in the coming period.The World Bank, in its Global Growth Prospects, said the risks to the global economy were diverse, including inflation and uncertainty about monetary policy, as well as trade disputes.

The World Bank predicted a slowdown in global economic growth over the next two years, as the impact of stimulus in the United States slowed, and the process of raising interest rates in major economies began.

Inflation risks

Markets now expect low inflation prospects in developed economies in the period following the failure of consumer prices to target central banks, reflecting the view that globalization and technological changes may keep inflation low.

However, there are a number of factors that may lead to a higher rate of inflation than expected during the coming period.

The first factor is that the current period of low unemployment will enhance the bargaining power of workers, which could lead to faster wage growth.

But given unemployment rates and wage growth in developed economies during the previous economic cycle, they were much higher. If this is not matched by a similar increase in productivity growth, the faster than expected recovery of wages could lead to an increase in current and future inflation expectations.

The second factor is that monetary stimulus in the United States will provide an increase in growth in an economy that is already moving towards full employment, threatening to accelerate demand beyond production capacity.

The third factor is the global production gaps, which are expected to disappear this year. The production gap is an economic measure that means the difference between the actual growth of an economy and its potential performance or the maximum production capacity of the economy.

Rebalancing inflation risks at the moment could contribute to a sudden rise in the investment premium from its current reduced levels temporarily, which could eventually increase long-term bond yields and trigger major volatility in US and global bond markets.
Monetary policy

The change in market expectations on interest rates and central bank budget policies could lead to an escalation of financial tension, with many factors interfering in making financial markets immune to revaluation.

In the US, interest rates are still below normal, and market and monetary policy expectations for their outlook are still far apart.

Strong foreign demand for US bonds also plays a key role in putting pressure on the US interest rate over the long term, partly offsetting the impact of accelerating US interest rates.

The rising demand for bonds is now the result of foreign investors in the private sector.

These flows have encouraged continued monetary policy in the Eurozone and Japan, and the growing gap between US and counterparty bond yields in those regions.

Monetary policy forecasts in developed economies could lead to sudden changes in investment portfolios and faster than expected increase in global interest rates
.
Asset prices

Has encouraged a long period of low-risk interest rates in financial markets and rising asset prices that make global financial markets more vulnerable to sudden adjustments and volatility. Indeed, the average share price relative to profit at a historic level in the United States, while the differences between corporate bond yields in developed economies and emerging markets remains the lowest average before the global financial crisis.

A correction in asset prices could weaken prospects for growth by tightening financial conditions, declining levels of confidence and negative effects on wealth.

Emerging Markets

Emerging markets are still vulnerable to sudden market volatility, tightening global financial conditions that could be further inflated by the US dollar, and the effects of informal exchange rate developments.

Although credit growth has slowed in most countries, the weakness of the corporate sector remains evident, and public and private debt levels remain above pre-crisis levels.

As for the high borrowing costs, they could lead to a significant increase in servicing the debt burden, which has been reduced in recent years due to the low interest rate.

On the other hand, increased debt service costs may impair investment and lower growth over the medium term.

Fluctuations in capital inflows and a sharp devaluation may increase the risk of debt defaults and raise fears of financial stability between economies with external vulnerabilities.

Dollar-denominated debt remains high in many emerging economies and saw an increase in 2017 amid favorable borrowing conditions.

Business Dispute

The World Bank believes that the risks of escalating trade barriers have intensified dramatically amid the ongoing trade dispute between the United States and business partners.

The World Bank warned that increasing trade tariffs worldwide would have adverse consequences for trade

And global activity.

A tariff escalation to the global limit could reduce global trade flows by 9 percent, similar to the decline during the global financial crisis.

The impact of increased trade protectionism in emerging economies may appear to be in their advanced counterparts, and high-protected sectors such as agriculture and food are among the most vulnerable.

The bank warned that taking a trade economic measure between the United States and China could lead to losses for economists.

The fundamental threat to trade policies in key economies to investment, financial markets and global activity may also be negatively affected.    link
Don961:  China Development Bank loans exceed $ 100 billion
09/6/2018 12:00 am

Beijing

The China Development Bank has lent more than 100 billion US dollars to Russia and other SCO member countries.

The balance of loans in the SCO member countries stood at 41.34 billion US dollars and 16.37 billion yuan (about 2.56 billion US dollars ), according to data from the bank, a leading political bank in the country .

By the end of 2017, the bank had lent a total of 7.69 billion US dollars and 3.34 billion yuan to banks in member countries.

While outstanding loans amounted to 2.05 billion US dollars and 3.3 billion yuan.

The SCO member states accounted for more than 60 percent of Eurasian territory and nearly 50 percent of the world's total population, as well as more than 20 percent of the world's total.

The organization includes eight members - China, Russia, India, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan and Uzbekistan - as well as four observer countries and six dialogue partners.   link

The Global Currency Reset HAS BEGUN - Now Watch These Two KEY EVENTS by JIM WILLIS, 9 JUNE

Tuesday, June 05, 2018 9:02 PM

The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.

TIMBER!! That is the standard cry in the forest industry among loggers who cut down giant trees, the warning to step aside for the great impact.

GET READY FOR THE SIMULTANEOUS BANKING CRISIS IN THE THREE BIGGEST EUROPEAN ECONOMIES: GERMANY, FRANCE, ITALY.

The United States and the London Centre will not be able to avoid the crisis.
....
Picture
Try that again. TIMBERRRR !! An event of monumental importance and impact is on the verge of occurrence. The largest bank in Europe is Deutsche Bank. Its credit default swap is rising in cost, while its stock price has entered single digits in a powerful decline.

The great D-Bank, site of the European office in management of the multi-$trillion derivatives, is on the verge of financial failure. It is the largest bank in all of Europe. All of its business segments are impaired and losing money in a hemorrhage. Furthermore, it is a big bond holder for Italian Govt Bonds.

The Italian banking system is in the death throes, which has finally been recognized. Their recent elections openly debated pathways in the face of banking system failure, which the Jackass has been expecting for over a year in steady coverage with analysis. However, the bigger bond holder for Italian debt is France. Expect a massive bank crisis to emerge very soon that wrecks Societe General and BNP Paribas, its two largest banks.

Back in 2016, the Hat Trick Letter warned of very high Non-Performing Loans among the Italian banks. The HTLetter warned of rising government bond credit defaults swap rates. It is the insurance rate on a standard government bond, in coverage for default of the bond. It was this CDSwap rising rate which warned at least three months in advance of the Lehman Brothers failure (killjob by JPM and GSax).

But the contagion for the Italian banking failure is the main point. Notice that back two years ago, the French big banks had triple the size of exposure to Italian debt, versus the German banks. The Spanish and US banks will also suffer from the impact. The graph below is from July 2016.

GLOBAL CURRENCY RESET

The Global Currency RESET has begun, hardly with fanfare and parades, or even formal public statements by the main players. Many are the events and steps toward the planning and execution of the RESET, which will be very disruptive, and make the Lehman failure seem rather minor by comparison.

The Jackass has consistently called what comes to be the Systemic Lehman Event, since major sovereign bonds have become subprime in quality, kept sustained by central banks with their QE. Another better name for Quantitative Easing is hyper monetary inflation with debt monetization of the unsterilized type. See Zimbabwe and South America for the wondrous outcomes in national economic wreckage, poverty, and bank insolvency, just two examples.
The Jackass has been preaching for several years that the QE monetary policy has saved the big banks, or at least through bolstered official liquidity having bought them some time. But the consequence has been to render severe damage to the tangible economies. QE has essentially killed the economies.

The feedback loop has struck the banks, which suffer great damage from the chronic recession which has never stopped since the year 2006. Business failures have combined with lower energy prices to cause a wrecking ball to hit the big banks.

They also have been hurt by the rising bond yields for the USTreasurys. The lie on economic growth has been about 5% to 7% every year, from severely gimmicked price inflation. See Shadow Govt Statistics with John Williams for proof. Therefore, the true inflation adjusted GDP has been minus 2% to minus 4% every year since before the Lehman failure.

The RESET is in progress. Many are its elements. Like the Gold-Oil-RMB futures contracts in Shanghai. Like the Cross-Border Interbank Payment System (CIPS) which will function as the SWIFT alternative for Eastern nations. The entire Belt & Road Initiative forms a massive $6 to $8 trillion conference table of projects, mostly construction, all in the Eastern Hemisphere, and none conducted in USDollar terms.

Many are the non-USD platforms under development, some of which have been around for a while like the BRICS Development Bank. Lately, a new piece has been put in the picture, with the BRICS Gold Platform. My suspicion is that Turkey might soon play a role with it, in conversion of sovereign subprime (toxic) bonds like the USTreasurys and EuroBonds. Keep in mind that Italian Govt Bonds deserve a 10% yield, like the Greek Govt Bonds, except that the Euro Central Bank has been subsidizing these toxic (in)securities.

TWO KEY EVENTS

An astute and very well-informed source with solid connections has provided important direction on the development. Timing is always difficult. He looks toward two key events that soon will trigger a global financial crisis, complete with a wave of reforms and solutions sought, all amidst great changes in financial markets.

Expect a complete restructuring of the financial world we know it, as in debt restructure. The result will be a gold-centric financial structure, with central banks honoring finally the Gold Standard and the gold asset in banking reserves. 

The shift will be seen toward not only implementation of the Gold Standard, but also the Chinese RMB and possibly a key role for crypto-currencies. Confirmation is coming from the mainstream media. During the Systemic Lehman Event, otherwise called the bust of the Everything Bond Bubble (from QE squared), some sovereign bonds will be defaulted upon, with painful consequences from the failures. During the upcoming bust, certain entire national banking systems will collapse.

At the same time, next-generation technology will be unleashed. It will be both disruptive to monopoly corporations, and society also. It will act as a wrecking ball to many energy companies who have suppressed the technology.

In the RESET expect some hardline rules (if not games) exerted by the banker cabal, with respect to war on cash and negative rates. They will attempt to maintain their centralized power and absent transparency. The Elders of China are driving the RESET process, after having abandoned support for many key institutions of power in the West. A gold-backed Chinese Yuan is anticipated as part of the new framework.

In the upcoming chaos, tremendous changes will come, as part of the Global Paradigm Shift. In the reforms and much needed solutions, the suppression controls and shackles for Precious Metals will be shoved aside. The source has expectations of key events unfolding rapidly, with no prospect of much delay or favorable outcome for the USDollar, since Gold cannot hold back any longer.

Bear in mind the gigantic Egyptian gold investor, where something like 50% of his wealth was invested in gold bullion metal. The shrewd investors expect only PM to survive the big burn that comes, and not much else, surely not paper assets when the King Dollar suffers its fate. The source is not certain how much longer the suppression of price and news can be maintained. It surely will not last another year, more like at most several months. Events are picking up in accelerated speed and breadth for the non-USD platforms. By the way, the source is not Santa himself, Mr Sinclair.

Then the source emphasized this. He awaits two key globally important events, which are set to occur. Nothing can stop them, and both will be powerful. He knows what they are, but is not at liberty to offer further details, very clear events in development.

They are near-term triggers, which will release Gold & Silver prices. Once gold is released, silver will take flight. He stressed how the Global Currency RESET will have some very visible unexpected aspects in a complete restructuring of the financial world versus its present form. He seems to be part of the planned restructure, planning, testing, and implementation, if not the upcoming crisis management.
The Jackass tried to guess on the key trigger events with Saudi oil sales taken in RMB payments. He was evasive but admitted that is a certainty already to occur between the Chinese and Arabs. My next gambit guess was to describe the development of non-USD platforms. He repeated that two key events are in the near-term schedule in progress. Before the Jackass could mention the near-term chaos with Deutsche Bank and the entire Italian banking system, he offered more details, but still somewhat general.

This will unfold as an event schedule sequence. He gave emphasis that silver metal was in dire shortage, the deficit growing worse with each passing month. Upon further reflection, the Jackass believes a widespread shutdown of principal globalist cabal banks might occur, which would alter the entire global financial framework, and unleash the gold demand.

The remaining banks could then replace a large swath of their USTreasury Bonds, EuroBonds, UKGilts, and JapGovtBonds in favor of Gold bullion for the formally held assets in reserves.

The RESET would then dictate how global banking systems must migrate toward gold and away from sovereign debt in their reserves management systems. 

The rising Gold price in the following years would ensure the banks of healthy solvency. Or at least gold will aid the central banks in their struggle toward survival, which have made disastrous decisions in the accumulation of $9 trillion of toxic sovereign bonds just in the USFed and EuroCB.

Here are several potential key events to force a grand grotesque disruption. The others pertain to deep impact events, also certain to continue the disruption.

The Jackass guess on the two events are first a combination of Deutsche Bank failure with Italian banking system collapse. The second guessed event would be the introduction of the Gold Trade Note, designed to sit atop the Shanghai Gold-Oil-RMB futures contracts, with a possible announcement of interchangeable Chinese Yuan with the Gold Trade Note in a caretaker temporary transition role.

Be sure to know that Jackass conjecture on the two key events is a much better descriptor, since guess seems flimsy flighty and conjecture seems educated calculated.

LIST OF POTENTIAL KEY EVENTS

VERY SERIOUS MAJOR GLOBAL GAME CHANGERS


Deutsche Bank failure, talk of restructure, with rupture of derivative complex

Italian banking system collapse, complete with numerous bank runs

Italian sovereign currency announced as new Lira currency in EU exit

London Metals Exchange launches RMB-based metals contracts

COMEX & LBMA rupture from lost control of integration with oil & currencies

Formal launch of Gold Trade Note atop the Shanghai G-O-R contracts

Saudi oil sales in RMB to China, adopted by other Arabs and other Asians

London flips East, with RMB Hub development, following their AIIBank membership

DEEP IMPACT DISRUPTIONS

Flourishing non-USD platforms, led by Chinese design and efforts

Germans and French formally end Russian sanctions, thus flipping East

CIPS bank transaction system gains wider adoption, even among Western nations

BRICS Gold Platform announces conversion of sovereign bonds to Gold

China pre-announces gold-backed Yuan in form of convertible Gold Trade Note

China announced Yuan backed by basket of currencies, Gold, other commodities

Introduction of a new IMF SDR basket that includes gold, crude oil, iron

EU opens door to Euro payments in external trade with trading partners

Emerging Markets rupture on debt defaults, due to currency crisis

NATO fractures in the open and EU pursues independent military security
PROOF OF MONETARY POLICY FAILURE

The Global RESET has already begun.


The USFed has brought about a chronic slowdown in money velocity, which reveals the horrendous chronic recession. Damage has been done for over six years during the heretical QE monetary policy. The chart is only through end of year 2018. The malinvestments are hitting the wall.

Add to the discussion on the bond market, aside from the USTreasurys, where much distress is seen. The USFed cannot manage the entire asset backed securities (mortgage bond) market and the corporate bond market, let alone the high yield (junk) bond market. Far afield is the Emerging Market arena, with scary damage.

The Quantitative Tightening has caused severe problems already. It all seems like a scuttle project. Thus the new chairman of the USFed is certainly not a banker cabal player, with no Wall Street experience.
Picture
The following is from the Voice, with minor edits for flow. The chart is for data ending January 1st. “Chaos has entered many parts of the lateral portions from the bond market, but more visibly worse to the center of the tangible economy. It is all much simpler than you think.

The Velocity of Money has slowed down dramatically and in some sectors of the economies have gone close to zero. It is much like cutting off oxygen from a passenger jet, where the passengers suffocate. Refer to the Austrian School of Economics describing the Crackup Boom scenario where malinvestments finally collapse.

It is much like an earthquake triggered tsunami. The entire financial and economic system is like a totaled car that needs to go to the scrapyard to be crushed. However, the banker cabal and government officials attempt to keep things going with plenty of music and ample propaganda. Not even wars will be saving the system, as has been practiced in the past.

 The entire global system is defacto in an Intensive Care Unit watching the life support system screen.

What is most fascinating for me to see, is the fact that everybody is waiting for the RESET, whereas we are already in the RESET process. 


It has begun. In all this cataclysmic turmoil lies an incredible opportunity. The fortunes ahead are in precious metals, and not paper assets. The Gold & Silver asset will survive and thrive since true money, while the paper assets will burn.”

The Jackass adds that precious metals will do very well, but with a transition period of unknown duration, while the paper assets (like stocks) might have a final burst upward before major decline is witnessed.

As a final note concerning the RESET, leave it for another day to discuss restored stolen legacy wealth, debt forgiveness, end to global poverty, defanging the banker cabal, and disarming militaries. These are controversial topics loaded with political mustard, without much clarity or reliable information.

Restored Republic via a GCR Update as of June 9 2018

Compiled 9 June 12:01 am EST by Judy Byington

The following is a compilation from the Internet. It would be up the reader to decide whether or not the information was valid.

Judy Note: A Summary

June 5 Tues.

A green light initiated RV release protocol – that was expected to reach it’s final stages within days.

June 7 Thurs.

The UN released the Central Bank of Iraq from their sanctions list.
....
​June 9 Sat.

Iraqi citizens were accessing their Qi Cards at the higher Dinar Rate.

Early June 7 it was said that we were within 36 hours of going, or by Sat. June 9.

June 11 Mon.

June 11 was said to be a date recorded in history books.

Trump was set to unseal 35,000 indictments filed in Federal Courts on the Shadow
Government and their plans for the destruction of America.

Julian Assange would announce mass arrests of the Deep State/Cabal.

The 72 hours was up for RV release in Iraq.

HSBC was doing major computer upgrades starting Fri. June 8 through to Mon. June 11.

June 11 was Leo Wanta’s birthday. A trailer to the soon-to-be released film "Eagle One to Wanta": http://eagleonetowanta.com/

June 12 Tues.

North Korean Peace Summit in Singapore with President Trump.

June 14 Thurs.

President Donald Trump’s 72 year birthday

Release of the Inspector General Justice Department’s report on the Clinton email probe.
Flag Day for the USA.

June 18 Mon.

Inspector General Michael Horowitz would testify in a public hearing, with House
Judiciary Committee members quizzing him the next day.

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

A. June 8 2018 Intel Alert: Operation Disclosure: GCR/RV Intel Alert for June 8, 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. June 11 was anticipated to be a big day, though kept secret due to security reasons.

2. The RV release protocol was in a final stage, meaning the 800#'s were about to be released.

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

B. June 8 2018 TNT Call

1.The Dinar International Rate was presently at $4.21. It has fluctuated, but would come out at over $4.

2. There was a warning yesterday June 7 that this was coming.

3. Some Iraqi banks were not using the US dollar. They were closing down the ATMs and saying the US dollar would be taken out and not be used once the ATMs were back online.

4. Sometime within the next 72 hours Iraq was looking to have the RV complete.

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

C. June 8 2018 6:40 am EST,: "Sun and Fun and Much Work Ahead" - The Office of POOFness - 6.7.18

Our Trust has been trying to get our large funds back from the bank. Today June 8 they finally got resolution and this release is finally being done. On Mon. June 11 they will finish processing. Tues. June 12 funds go out to the various beneficiaries and we will receive the first bits to get us started.

************
D. June 7 2018 9:35 am EST Timeline, Sierra: "Updated Event Timeline" by Sierra (NZ) - 6.7.18 https://twitter.com/EyeTheSpy

EyeTheSpy Tweet: 'Horowitz set the date for the OIG Clinton report for June 14th himself. WHY? President's birthday. Symbolism MATTERS. Your enemies live by it, you need to learn to as well. Symbols have power. 6/11 is still happening. Let's call this an "extended holiday".' 'The 11th will still be a duet of no small measure. Don't think that this rode on the OIG Report on Clinton's emails. That's a Distraction Largely. You don't understand. NK (North Korea) MATTERS. JA (Julian Assange) MATTERS. You have to expand your thinking, Fam. No spoilers, the show begins soon. So, TRUST THE PLAN.'

Possible Event Timeline:

11th June: Julian Assange (and someone else? A duet...) announce the mass arrests of the Deep State/Cabal.

12th June: North Korean Peace Summit in Singapore, President Trump in attendance.

14th June: President Trump's 72nd birthday.
Release of the Inspector General Report.
USA Flag Day (maybe the announcement of the restored Republic?).

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

E. June 7 2018 10:26 am EST Revisit of Q Posts, QAnon, Anonymous: Time to Revisit these 2 Q Posts -- Dates Changed, Message Same Anonymous ID: pGukiFmX No.147567888 Nov 1 2017 21:56:16 (EST)

1. Q Clearance Patriot My fellow Americans, over the course of the next several days you will undoubtedly realize that we are taking back our great country (the land of the free) from the evil tyrants that wish to do us harm and destroy the last remaining refuge of shining light.

On POTUS’ order, we have initiated certain fail-safes that shall safeguard the public from the primary fallout which is slated to occur 11.3 upon the arrest announcement of Mr. Podesta (actionable 11.4). Confirmation (to the public) of what is occurring will then be revealed and will not be openly accepted.

Public riots are being organized in serious numbers in an effort to prevent the arrest and capture of more senior public officials. On POTUS’ order, a state of temporary military control will be actioned and special ops carried out. False leaks have been made to retain several within the confines of the United States to prevent extradition and special operator necessity. Rest assured, the safety and well-being of every man, woman, and child of this country is being exhausted in full.

However, the atmosphere within the country will unfortunately be divided as so many have fallen for the corrupt and evil narrative that has long been broadcast. We will be initiating the Emergency Broadcast System (EMS) during this time in an effort to provide a direct message (avoiding the fake news) to all citizens. Organizations and/or people that wish to do us harm during this time will be met with swift fury – certain laws have been pre-lifted to provide our great military the necessary authority to handle and conduct these operations (at home and abroad).

2. Anonymous ID: pGukiFmX No.147567928 Nov 1 2017 21:56:38 (EST) POTUS will be well insulated/protected on AF1 and abroad (specific locations classified) while these operations are conducted due to the nature of the entrenchment.

It is time to take back our country and make America great again. Let us salute and pray for the brave men and women in uniform who will undertake this assignment to bring forth peace, unity, and return power to the people. It is our hope that this message reaches enough people to make a meaningful impact.

We cannot yet telegraph this message through normal methods for reasons I’m sure everyone here can understand. Follow the questions from the previous thread(s) and remain calm, the primary targets are within DC and remain at the top (on both sides). The spill over in the streets will be quickly shut down. Look for more false flags – stay alert, be vigilant, and above all, please pray.

************
F. June 7 2018 9:29 pm EST, Jim Willie: Jim Willie: The Global Currency Reset has Begun, Two Key Events Quotes by TradingView Jim WillieNews Silver Doctors

1. Jim Willie says the reset is in progress now, and now is the time to be watching these two key events in the global financial system.

2. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.

3. GET READY FOR THE SIMULTANEOUS BANKING CRISIS IN THE THREE BIGGEST EUROPEAN ECONOMIES: GERMANY, FRANCE, ITALY. The United States and the London Centre will not be able to avoid the crisis.

4. The largest bank in Europe is Deutsche Bank. Its credit default swap is rising in cost, while its stock price has entered single digits in a powerful decline. The great D-Bank, site of the European office in management of the multi-$trillion derivatives, is on the verge of financial failure. It is the largest bank in all of Europe. All of its business segments are impaired and losing money in a hemorrhage. Furthermore, it is a big bond holder for Italian Govt Bonds.

5. The Italian banking system is in the death throes. However, the bigger bond holder for Italian debt is France. Expect a massive bank crisis to emerge very soon that wrecks Societe General and BNP Paribas, its two largest banks.

6. The Global Currency RESET has begun, hardly with fanfare and parades, or even formal public statements by the main players. It will be very disruptive, and make the Lehman failure seem rather minor by comparison.

7. Quantitative Easing has essentially killed the economies. The feedback loop has struck the banks, which suffer great damage from the chronic recession which has never stopped since the year 2006.

8. The RESET is in progress. Many are its elements. Like the Gold-Oil-RMB futures contracts in Shanghai. Like the Cross-Border Interbank Payment System (CIPS) which will function as the SWIFT alternative for Eastern nations. The entire Belt & Road Initiative forms a massive $6 to $8 trillion conference table of projects, mostly construction, all in the Eastern Hemisphere, and none conducted in US Dollar terms.

9. Two key events will trigger a global financial crisis. Expect a complete restructuring of the financial world we know it, as in debt restructure. The result will be a gold-centric financial structure, with central banks honoring finally the Gold Standard and the gold asset in banking reserves.

10. The shift will be seen toward not only implementation of the Gold Standard, but also the Chinese RMB and possibly a key role for crypto-currencies.
11. Some sovereign bonds will be defaulted upon, with painful consequences from the failures. During the upcoming bust, certain entire national banking systems will collapse.

12. At the same time, next-generation technology will be unleashed. It will be both disruptive to monopoly corporations, and society also. It will act as a wrecking ball to many energy companies who have suppressed the technology.

13. In the RESET expect some hardline rules (if not games) exerted by the Banker Cabal, with respect to war on cash and negative rates. They will attempt to maintain their centralized power and absent transparency.

14. The Elders of China are driving the RESET process, after having abandoned support for many key institutions of power in the West. A gold-backed Chinese Yuan is anticipated as part of the new framework.

15. Changes:

Deutsche Bank failure, talk of restructure, with rupture of derivative complex

Italian banking system collapse, complete with numerous bank runs

Italian sovereign currency announced as new Lira currency in EU exit

London Metals Exchange launches RMB-based metals contracts

COMEX & LBMA rupture from lost control of integration with oil & currencies

Formal launch of Gold Trade Note atop the Shanghai G-O-R contracts

Saudi oil sales in RMB to China, adopted by other Arabs and other Asians

London flips East, with RMB Hub development, following their AIIBank membership

Flourishing non-USD platforms, led by Chinese design and efforts

Germans and French formally end Russian sanctions, thus flipping East

CIPS bank transaction system gains wider adoption, even among Western nations

BRICS Gold Platform announces conversion of sovereign bonds to Gold

China pre-announces gold-backed Yuan in form of convertible Gold Trade Note

China announced Yuan backed by basket of currencies, Gold, other commodities

Introduction of a new IMF SDR basket that includes gold, crude oil, iron

EU opens door to Euro payments in external trade with trading partners

Emerging Markets rupture on debt defaults, due to currency crisis.

NATO fractures in the open and EU pursues independent military security

16. The Global RESET has already begun. The USFed has brought about a chronic slowdown in money velocity, which reveals the horrendous chronic recession. Damage has been done for over six years during the heretical QE monetary policy. Add to the discussion on the bond market, aside from the USTreasurys, where much distress is seen. The USFed cannot manage the entire asset backed securities (mortgage bond) market and the corporate bond market, let alone the high yield (junk) bond market. Far afield is the Emerging Market arena, with scary damage. The Quantitative Tightening has caused severe problems already. It all seems like a scuttle project. Thus the new chairman of the USFed is certainly not a banker cabal player, with no Wall Street experience.

17. In all this cataclysmic turmoil lies an incredible opportunity. The fortunes ahead are in precious metals, and not paper assets. The Gold & Silver asset will survive and thrive since true money, while the paper assets will burn.” Precious metals will do very well, but with a transition period of unknown duration, while the paper assets (like stocks) might have a final burst upward before major decline is witnessed.

18. Leave it for another day to discuss restored stolen legacy wealth, debt forgiveness, end to global poverty, defanging the Banker Cabal, and disarming militaries. These are controversial topics loaded with political mustard, without much clarity or reliable information.

IQD CHAt, 9 JUNE

xyz    Zig 6-8-2018 Arthur I HAVE DONE MY PRELIMINARY DUE DILIGENCE ON THE ENTIRE UN RESOLUTION 1483. THOUGH MORE STUDY AND CONSULT WITH MY UN RESOURCES ARE NEEDED...

I CAN EVEN NOW SAY THIS IS AN HISTORIC MOMENT FOR OUR INVESTMENT. I HAVE ALWAYS SAID WE DON'T KNOW WHAT WE DON'T KNOW AND THIS ONE WAS THE MOTHER OF ALL OVERSIGHTS!

UNBEKNOWNST TO ALL OF US....THE PTB HAS BEEN HOLDING THIS UP VIA THIS UN RESOLUTION 1483.

IT SPECIFICALLY FREEZES THE PROGRAM RATE IN PLACE DUE TO PARTS OF CHAPTER VII SANCTION GOING BACK TO SADAAM HUSSEIN.
xyz    @Zig 6-8-2018 Arthur AS OF THIS RELEASE...THE CBI IS ONLY NOW FREE TO COMPLETE THE MONETARY REFORMS UP TO AND INCLUDING THE REINSTATEMENT/REVALUATION OF THE IRAQI DINAR.

IT IS MY OPINION WE WILL NOW SEE SWIFT ACTION BY THE CBI AS ALAK WILL NOW HAVE CARTE BLANCHE TO COMPLY WITH ALL IMF MANDATES TO END THE MCP AND THE CURRENT WINDOW IN REGARDS TO THE AUCTION PROCESS.

WE NOW HAVE THE "SUITABLE CONDITIONS" CBI GOVERNOR ALAK HAS BEEN ALLUDING TO. STAY TUNED. HERE WE GO

dinard    xyz  im looking into this 1483 thing

Spectra    dinard please do ....we are all waiting for your research... Good luck

dinard    from what ive gathered on the sanctions there lifted all of them except for an arms embargo i believee but i dunno we shall see class! stay tuned!

Spectra;    Thud

xyz@    dinard never say ALL in regard to sanctions lifting. We all {except @Zig aka guru @sandyf best buddy} believed that all sanctions were gone back then ... wrong. There could be something still left as a leverage for Iraqis to behave imho. @Zag do you disagree?

dinard    xyz last time i checked the only sanctions left on iraq were reperations through oil profits (5% a year i believe) and the arms embargo

dinard    there was confusion as the sanctions are still in place but only specifically under a saddam regime. i guess they were worried he or his peeps would make a political resurgence

xyz    dinard and how did that go with today's news? ;Thud

xyz    dinard can't wait to hear what @Zag and best buddy guru @sandyf gonna say ;banana

dinard    "THE PTB HAS BEEN HOLDING THIS UP VIA THIS UN RESOLUTION 1483. IT SPECIFICALLY FREEZES THE PROGRAM RATE IN PLACE DUE TO PARTS OF CHAPTER VII SANCTION GOING BACK TO SADAAM HUSSEIN."

 dinard    here is the resolution 1483 document straight from UN. im still looking for an indicator saying if its active or not

dinard    https://undocs.org/S/RES/1483(2003)

dinard    xyz have you seen sandy man around? i havent seen him in a while

Spectra    dinard He probably dropped off,too many people questioned him.....And he said he didn't want to answer questions....one reson the other is he mentioned he had a family to visit...remember?

Spectra    dinard keep digging

xyz    dinard yes with manufactured sudo names

dinard    The Security Council this morning decided to: lift trade and financial sanctions on Iraq; extend the “oil-for-food” programme for six months; revisit the mandates of the United Nations Monitoring, Verification and Inspection Commission (UNMOVIC) and the International Atomic Energy Agency (IAEA) at a later date;

 request appointment of a Special Representative of the Secretary-General; and review implementation of those and other matters within 12 months.

Adopting resolution 1483 (2003), by a vote of 14 in favour, with Syria not participating in the voting, and acting under Chapter VII of the United Nations Charter,

the Council supported the formation by the people of Iraq with the help of the Authority (the occupying Powers under unified command) and the Special Representative, of an Iraqi interim administration as a transitional administration run by Iraqis, until an internationally recognized, representative government established by the people of Iraq assumes the responsibilities of the Authority.

dinard    https://www.un.org/press/en/2003/sc7765.doc.htm

dinard    resolution 1483 just lifts the sanctions. but i dont see anything bout this program freeze rate. whatever the heck that is

Spectra    Government of Iraq   @IraqiGovt     Working with Iraqi private sector and the @WorldBank, the @IraqiGovt is implementing reforms to make Iraq one of the most attractive destinations for investment in the region and create better opportunities for Iraqis #InvestIraq

https://twitter.com/IraqiGovt/status/1005071956800991232

xyz    @Zig 6-8-2018 Arthur AS OF THIS RELEASE...THE CBI IS ONLY NOW FREE TO COMPLETE THE MONETARY REFORMS UP TO AND INCLUDING THE REINSTATEMENT/REVALUATION OF THE IRAQI DINAR.

IT IS MY OPINION WE WILL NOW SEE SWIFT ACTION BY THE CBI AS ALAK WILL NOW HAVE CARTE BLANCHE TO COMPLY WITH ALL IMF MANDATES TO END THE MCP AND THE CURRENT WINDOW IN REGARDS TO THE AUCTION PROCESS.

WE NOW HAVE THE "SUITABLE CONDITIONS" CBI GOVERNOR ALAK HAS BEEN ALLUDING TO. STAY TUNED. HERE WE GO

 xyz    @Kaperoni what say you with your floating theory? Did someone misguide ya buddy? I pray it was not guru @sandyf as some have claimed ;banana

Spectra    ;ha-Ha:
Spectra    xyz you never give up.....    :Thumbs-up

xyz    Spectra on?
dinard    23. Decides that all Member States in which there are:

(a) funds or other financial assets or economic resources of the previous Government of Iraq or its state bodies, corporations, or agencies, located outside Iraq as of the date of this resolution, or

(b) funds or other financial assets or economic resources that have been  removed from Iraq, or acquired, by Saddam Hussein or other senior officials of the  former Iraqi regime and their immediate family members, including entities owned or controlled, directly or indirectly,

by them or by persons acting on their behalf or at their direction, shall freeze without delay those funds or other financial assets or economic  resources and, unless these funds or other financial assets or economic resources are  themselves the subject of a prior judicial, administrative, or arbitral lien or judgement,

immediately shall cause their transfer to the Development Fund for Iraq, it being understood that, unless otherwise addressed, claims made by private individuals or non-government entities on those transferred funds or other financial assets may be presented to the internationally recognized, representative government of Iraq;

and decides further that all such funds or other financial assets or economic resources shall enjoy the same privileges, immunities, and protections as provided under paragraph 22;

Spectra    xyz on Kap and sandy

dinard    ijust went over this whole 1483 piece of paper and it doesnt say diddly squat about freezing anything except saddams money

dinard    arthur made me waste my * time

Dave    Howdy all

dinard    maybe UN has secret sanctions they only release to dinar gurus

Spectra    dinard funds or other financial assets or economic resources of the previous Government of Iraq or its state bodies, corporations, or agencies, located outside Iraq as of the date of this resolution,

Dave    Security Council Sanctions Committee concerning Iraq Removes One Entity from Its Sanctions List    June 8, 2018 Walter   SC/13372   7 JUNE 2018   • SECURITY COUNCIL

On 7 June 2018, the Security Council Committee established pursuant to resolution 1518 (2003) approved the removal of the following entity from its List of Individuals and Entities subject to the assets freeze set out by paragraphs 19 and 23 of Security Council resolution 1483 (2003) adopted under Chapter VII of the Charter of the United Nations.

B. Entities and other groups

IQe.001 Name: CENTRAL BANK OF IRAQ

A.k.a.: na F.k.a.: na Address: Rashid Street, Baghdad, Iraq Listed on: 21 Nov. 2003 Other information: Activity: Central Bank (bank of issue and controller of the banking system)

The names of individuals and entities removed from Committee’s Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website at: www.un.org/sc/suborg/en/sanctions/1518/press-releases.

To obtain a fully updated version of the List of individuals and entities subject to the sanctions measures, Member States are encouraged to consult, on a regular basis, the Committee’s website at the following URL: www.un.org/sc/suborg/en/sanctions/1518/materials. The Committee’s Sanctions List is available in HTML, PDF and XML format.

The Consolidated United Nations Security Council Sanctions List is also updated following all changes made to the Committee’s Sanctions List. An updated version of the Consolidated List is accessible via the following URL:

www.un.org/sc/suborg/en/sanctions/un-sc-consolidated-list.
IRAQ

https://www.un.org/press/en/2018/sc13372.doc.htm

Dave    Seems too me that chapter7 is still in force....l.

dinard    i believe the resolution is still in place but all it does is lift economic and trade sanctions on new iraqi govt except for arms embargo. it also ends oil for food program. and freezes saddam regimes iraqi and offshore assets

dinard    Dave i dont believe so

Dave    read the above

dinard    except for arms embargo and oil reparations that were supposedly paid

Dave    either chapter 7 or not.....

Dave    spectra trying to be nice

dinard    Dave did you read chapter 23? it specifically only freezes the assets of people associated with old iraqi govt.

Dave    Iam just the messanger....

dinard    i already had this argument with you. i think you misunderstand a lot of the messages you send

Spectra    Dave your fine

dinard    1518 just seems to lift the sanctions on the individuals 1483 froze the assets of. just my take on the deal not trying to argue

dinard    bye i gotta go make a dinarhea

Dave    asset freeze a biggy......the above addressed CBI...?

Dave    maybe art8 not in force because of this

Zig    RECEIVED AN EMAIL FROM DEBBIE OF THE IQD TEAM REPLYING TO ME....."I am so so busy and do not go to forums or chat rooms at all – gave that up years ago...I just don’t like them for reasons I wont go into...Mainly for now it is the time it takes...

I am involved a lot in helping others with cancer and ailments and have to make money as we all do – helped my hubby this year get over prostate cancer with proton therapy, and am 10 yrs cancer-free myself...

If you know any men who are diagnosed with prostate cancer – they would do themselves good by reading my husbands Journey at

http://www.johnsjourneytoacure.com/blog/important-blog-post-links-to-read-for-my-proton-therapy-treatment-for-prostate-cancer I spoke with "LJ" yesterday and we keep in touch –

He shared with me some excitement about the election news...but his take has always been the laws must be passed – he is excited yet he will never say nor will I when this will happen...

We both feel after the election is finally completed the laws can be passed quickly with what we have read from Sadr etc...We both are more excited than we have been in a long time, but not sure when this will happen (you knew I would say that..lol)....

Sorry about not posting or coming on the chats – I just cant BUT as soon as we feel it is time WE WILL HAVE A CALL...and I will let you know so you can be the first to post the call etc.....Thanks...And have a great day.....Debbie"

Spectra    That is a nice post :)
Spectra    ((((Return of the orb: Why are Netanyahu and Macron clasping glowing globe?))))Orb memes and supernatural conspiracies are back with a vengeance after Benjamin Netanyahu and Emmanuel Macron were pictured grasping a strange glowing sphere between them.

The bizarre moment comes a year after an uncannily similar photo, featuring US President Donald Trump, Saudi King Salman and Egyptian President Abdel Fattah al-Sisi, sparked witchcraft conspiracies across social media.

Netanyahu was in Paris to meet French President Macron for discussions about the Iran deal among other issues when he attended a gala in honor of 70 years of the State of Israel.

Spectra    https://www.rt.com/news/429051-glowing-orb-netanyahu-macron/

Spectra     BIZZAREO MUNDO ...What a bunch of weirdo's

Spectra    This stuff is getting all too bizzare

Spectra    what is that ..Trump was doing the same thing in Saudi Arabia???????????

Dave     Spectra photo editing creates magic?

Spectra     Dave no its RT NEWS ITS ALL OVER THE NET ITS REAL
Spectra     Dave dave i know all about photo editing i do it everyday

Dave    RT......not a FAKE news channel from Russia?

Spectra     Dave i like Rt news ....

Dave    me too

Spectra    real or not ? i wouldn't put it past them...Macron had A Pyramid at his presidential initiation with a eye of horus behind him.

SpectraSee 1 new Tweet  Zagros Today Retweeted  Brenda Stoter Boscolo‏@BrendaStoter

Turkey’s thirst for power threatens water war with Iraq.

https://thedefensepost.com/2018/06/07/turkey-water-war-iraq-kurdistan-opinion/

… via @DefensePost

Spectra    Zagros Today Retweeted   Abdulla Hawez‏  @abdullahawez   Core KDP militia (Peshmarga) forces:
- They are all commanded by members of Masoud Barzani's family
- They each operate like a militia within a militia
#Kurdistan #KRG

DinarResearcher    This election has been a slow process but everyone’s color is showing.
DinarResearcher    Something

Dinar Researcher    About this explosion in Sadr city has gotten me thinking was this an attack an Sadr himself. Coincidence this happens after the elections and now we are seeing more suicide bombers and explosions going off in Kirkuk.

xyz    6-8-2018 Mnt Goat ...Iraq told the citizens to wait until after the elections to complete the project to delete the zeros... What they meant was for the dust to settle after the elections and to have a good sense of the formation of the next government...

So we are in a very good position now since they just announced yesterday that the majority bloc is now all completed and “official”. Sadr has completed his work in this bloc building.

We know he has his candidate for the prime minister picked out. Parliament will continue to bully the Election Committee right up until July 1st, when they no longer have any power are disbanded. ...

if they do any recounting it will not be because Parliament said so. Instead it will be due to legitimate reasons and fully supported by the Electoral Commission and the Judiciary. Anyhow, any recounting will probably only place the outcome more in the favor of Haider al-Abadi anyhow.

xyz    @Zag 6-8-2018 Frank26 Article: "Security Council Committee on Iraq Removes Entity from its Sanctions List" YES ...INDEED ...THIS IS EXCITING AND ... SYNCHRONIZED... BUT MORE EXCITING FOR ME... IT'S IN PRINT NOW!!! WATCH THE RATE GO TO 1200 NEXT ...IMO.

xyz    @Goat
http://www.fromtexttospeech.com/output/0214966001528509296/37221329.mp3

Baxter    wonder how many more sanctions there are?????

xyz    Florida woman reportedly dragged by alligator into pond confirmed dead, authorities say http://www.foxnews.com/us/2018/06/08/florida-woman-reportedly-dragged-by-alligator-into-pond-confirmed-dead-authorities-say.html


xyz    LIST ESTABLISHED PURSUANT TO SECURITY COUNCIL RESOLUTION 1483 (2003) https://www.un.org/press/en/2003/sc7933.doc.htm

resolution 1483, paragraphs  19 and 23:
List of entities

–- Central Bank of Iraq

–- Iraq Reinsurance Company

–- Rafidain Bank

–- Rasheed Bank

–- Iraqi Airways Company

Elmer Fudd    So, the CBI isn't on the bad list any more.
Elmer Fudd    Interesting timing.
Elmer Fudd    I wonder what will happen next week when they get to the 90 days?

Tebow    Elmer Fudd nothing

firefarmer    Hello tonight everyone.... No partying here tonight.    any one here tonight
firefarmer    empty here tonight..... I hear an ECHO
Baxter   been awful quiet
 chattels    Mattis on Iraq: Perfect or imperfect, welcome to a democracy in action By Rudaw http://www.rudaw.net/english/middleeast/iraq/080620181

chattels    “We are still engaged, ladies and gentlemen, in a fight against the ISIS/Daesh caliphate. It is not over yet," said Mattis.

chattels   House of Representatives postponed its scheduled session on Saturday to another notice.

"The House of Representatives decided to postpone its scheduled meeting on Saturday, to another notice [without knowing the reasons]," a parliamentary source told All Iraq.

It is noteworthy that the House of Representatives voted in the special session held under the chairmanship of Salim al-Jubouri, the President of the Council in the presence of 173 deputies last Wednesday, the Third Amendment Law to the law of the House of Representatives elections.

chattels    http://www.alliraqnews.com/modules/news/article.php?storyid=74615

dinard    I wouldnt put these individual old regime personal people as a win for dinar RV personally. I am still new so I don't know if these individual names have any significance. Bumm
IQD CHAt