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Saturday, August 10, 2013

NESARA UPDATE, 10 AUGUST

Nesara BlogSpot Dinar Update: John MacHaffie

RV Intel Rumors

Rumors ---It is showing on the bank screens nationwide, Street Rates Iraq Dinar 11.96, Vietnamese Dong 2.46. Awaiting WF to release it.

Rumors --- Everyone is TOTALLY FRUSTRATED at the BLOCKAGE by the bankers. Should have gone by now!

CONFIRMED --- BAD GUYS ARE THE CORRUPT BANKERS!

EXOGEN UPDATE, 10 AUGUST

DIRECT INTEL 11:11 AM EST TODAY 

THE COUNTRYWIDE ROLLOUT OF THE QI CARDS IS NOW COMPLETED IN ALL PROVINCES. THE CARDS

ARE NOW ACTIVE IN THE ENTIRE COUNTRY AND BEING USED AS OF TODAY!!!!!!!

BAILY2 POST, 10 AUGUST

From email  ... THIS COULD BE HELPFUL TO ALL DINARIANS. . . GO RV..

WE NEED TO GET THE WORD OUT ABOUT BANKING SECURITY CONCERNS.

PLEASE FEEL FREE TO DISTRIBUTE THIS EMAIL.
JUST REMOVE MY NAME AND EMAIL BEFORE DOING SO.

"BANKING Security & Safety" is the issue of the day - I was just on a CC and one of the presenters is a woman with over 10 years experience in the foreign currency department of a large bank.  She still has banking connections.  I'm giving her the name of "LadyBank" to protect her ID on the chat rooms.

Lady Bank said this is done and complete.  Just waiting for banks to begin CE process but security for the banks is an issue.

LB was relaying how very, very concerned the banking community is about the people gathering in the parking lots and calling the banks.

 It has to be gotten under control or she said the CE process would be shut down.  She indicated it was part of the reason we cannot go to the banks yet.
LB explained when there are crowds in the bank vicinity, in their parking lot, security wonders if they are terrorists or trouble makers.

Concern also, is other people will think there is a run on the bank and the groups will attract the "bad guys."  Bad Guys are people that will learn what's going on and then target Dinarians or people coming to the banks.

She strongly urged we get the word out and that people DO NOT CALL THE BANKS;  DO NOT GATHER at BANKS.  That it's important to call the 800# and get an  appointment. 

Be calm and orderly when going to the bank.  She said again if not done in a reasonable manner, the CE process could be "SHUT DOWN" and we would have to wait again. 

She also said she did not know if delays would cut into the 30 day window to cash in while the rate is high.

LB said you will not see this at the CBI until days after it is completed.  That all countries have to be done, before the CBI will update their web site and she said she understood they have a new site and implied the new rate for the IQD would not show up on the new site until everything is completed world wide.

In regards to question about seeing the RV on the FOREX she explained the FX had 3 levels:  International, banking and public.

She said in the beginning you will not see it on the free FX or low pay feed FX sites.  She said the public FX, where the traders are, will be given a 30 minute notice so they will not be caught up in any transaction.

LB said the bank will not require a receipt for your CE.  She said the IRS may have an interest in a receipt (if you need to authenticate the date of purchase).

[awakein3d] If you were a bank executive faced with this massive event and potentially millions of people, what would you do? Most people don't like "banks" to begin with... WF (just one bank) has like 2,000 branches. Security is a BIG deal, not to mention coordination with local police to lock up the crazies....

JESTER CHAT, 10 AUGUST

[wango1] I am reading stories on other boards about people waiting at the banks or planning on being at the bank in the am. I missed the list of exchange sites. If I was worried about security I would make enchange centers away from the banks that sell currency. But than if these people that are causing problems know more than rest of us. Get email?. book appt that part is simple. 

[Patience] HERES JESTER YAY!!

[Shirley] JESTER is now here.......

[Jester] THE REAL NEWS IS I BEEN OUT WORKING OUT IN THE REAL WORLD ALL DAY... SUCKS TO HAVE TO DO THAT... BETTER TIMES ARE COMING...

[cashinqueen] Jester what kind of post will we be expecting from ZAP.....

[cashinqueen] poor zap the last two weeks still have not panned out

[Jester] cashinqueen NOT SURE WHAT ZAP WILL SAY THIS WEEKEND... BUT HE IS USUALLY UP TO SPEED IN MY OPINON... AT THE TIME HE POSTS ANYWAY... THE PROBLEM IS... THINGS CHANGE...

[alin] Jester, maybe its due to wonderful news Tony gave the dinarland folks

[Jester] alin HAVEN'T SEEN IT SORRY... BUT I GOT THE BACKLASH ON MY PHONE... IF IT WAS LIVE WE'D KNOW IT...

[shark] Jester -[rednckmomma] Jester, so you cant say that tony is right?

 [Jester] shark I CANNOT... NOT ABOUT IT BEING LIVE... BUT I CAN SAY HE IS RIGHT ABOUT SOMETHING GOING ON IN IRAQ... MY BUDDY OVER THERE GOT PAID... AND THEY GOT PAID BIG...

[sk8pastor] Jester so what is the hold up on our end?

[BJandJodi] Jester - When you say "live", are you just referring to the Forex?

hark] BJandJodi -live means live as in live...........

[Jester] BJandJodi WHEN I SAY LIVE I EXPECT TO WALK INTO THE BANK AND TRADE FOR SOME COLD HARD CASH.... THAT IS WHY I THINK IT IS NOT

[sk8pastor] Jester if we have an RV in Iraq what are we waiting for here .

[Jester] sk8pastor I THINK WE ARE STILL AWAITING THE TIMING... IT IS COMING... JUST NOT HERE YET... THERE IS $21 TRILLION MOVING AROUND SOMEWHERE TRYING TO GET TO WHERE IT IS GOING... WHEN IT GETS THERE I BELIVE THINGS WILL CLICK INTO PLACE...

BJandJodi] Jester - Do you realize that it does not need to be on the Forex (yet) for the Banks to do a CE?

[Jester] BJandJodi YEP... BANKS CAN DO WHAT THEY WANT ON A DAILY BASIS... BUT THEY WILL NOT DO IT HERE AND THERE... WF WILL GO ALL AT ONCE... AND IF YOU TALK TO ONE AND THEY SAY NOTHING HAS CHANGED... AND YOU TALK TO ANOTHER AND THEY SAY NOTHING HAS CHANGED... AND YOU TALK TO FOREX AND THEY SAY NOTHING HAS CHANGED... WHO DO YOU BELIEVE?

[airam] Jester IF the qi cards are active in Iraq how long they can wait to RV ???

[alin] Jester, a lot of bank stories out there were denial was the norm of the day and yesterday and today no bank manager denied it anymore

[Jester] alin I THINK THEY KNOW IT IS ABOUT TO HAPPEN... NO DENYING THAT

[pokerbrat] Jester if your friend in Iraq cashed-in can't he double dip??

[Jester] pokerbrat GETTING PAID IS OF THE SAME VALUE.. IT IS WHAT HE WAS GETTING PAID IN THAT WAS IMPORTANT...

[Jester] pokerbrat AND WHAT HE WAS SEEING IN BASRA.... NO IGNORING THAT THE PEOPLE THERE ARE HAPPY AND TRYING TO BUY STUFF...

[queenmum] Jester are we in the 10 day wait period?

[Jester] queenmum NOT AWARE OF A WAIT PERIOD... OR BACK WALL... OR ANYTHING LIKE THAT... IT WILL COME WHEN READY...

[texas1837] Jester all we know for sure is some people in Iraq got paid and they are buying stuff. And that is it, correct? Nothing Here?

[Jester] texas1837 PRETTY MUCH... AND THAT IS GOOD FOR THEM... BUT IT CANNOT BE TOO MUCH LONGER HERE BASED ON THAT...

[cashinqueen] .delay delay delay not rumor lol

[Jester] cashinqueen IT WILL... IT IS TAKING A BIT OF TIME TO GET DONE... A HUGE PROJECT...

[markb] Jester - In your opinion, what happened last night at 7:00 that makes Tony and Bluwolf believe we had an RV?

[Jester] markb GOOD QUESTION... WE DIDN'T SEE IT...

[jam777] Jester ... so all banks stories are bogus ... still waiting on money moved into place, JL and other announcements ???

[Jester] jam777 WE HAVE LOTS OF BANK CONTACTS.... PRETTY HIGH UP.. WHEN WE HEAR THAT STUFF WE CALL THEM AND THEY TELL US THE SAME THING FOR WEEKS NOW.... NOTHING HAS CHANGED... RATES STILL THE SAME... HOLDING STEADY....

[sixpack] Grunt0311 has been said that deliveries were in progress to push things forward...any movement?


[mohawk] Do the f/p letters have to be out to trigger the RV here?

[Grunt0311] sixpack ON THE HISTORIC BONDS? MY UNDERSTAND THAT SOME HAVE TAKEN PLACE, BUT THAT IS ALL I CAN REALLY DISCLOSE.

firenice] Jester MarkZ agreed with Tony and Bluwolf that revals happened last night but probably not active for 48-72hrs.

[Jester] firenice WELL I GET INFO FROM A LOT OF PLACES... AND I WAS TALKING TO REDWOLF EEARLIER ABOUT THAT... AND WE DON'T SEE IT WITHIN 5 DAYS OR SO AT BEST...

[firenice] Jester wow, conflicting info all over. We're nowhere

[Thoughtful] Wells Fargo is a soverign bank. They had to clean it up before they could proceed as the location for the group. . . China would not have it any other way. I plan on leaving money there myself :)

[Jester] Thoughtful GOOD POST... AND YOU ARE 100% RIGHT ON...

[zorro] Jester Sonds like all is well and the PROCESS is going in our direction.........Good for us!

[Jester] zorro ABSOLUTELY IT IS... THAT IS THE POINT I AM TRYING TO GET ACROSS...

[airam] Jester Grunt0311 I don't want to be rude ............... but we know where we are going ............. the problem is how far or close we are ........ not asking for date......... i've been holding Dinars for 7 yrs know ................. just what is left to be done .......... maybe there is not one answer but many ty

[scoot] Wells fargo lady over nw usa in her position. Verified rv last night at 7:00. Would not give rate . but said rate was over twice what iraq rate was. I believe her!!

[Grunt0311] airam THAT WAS A GREAT WAY TO PUT IT... AND REALLY MY UNDERSTANDING IS THAT WE ARE JUST WAITING FOR IT TO BE RELEASED TO US.

[Jester] airam IT IS A HUGE UNDERTAKING... THERE IS NO WAY TO CALCULATE THE END... THAT IS WHAT WE ARE WAITING FOR... WHEN THEY ARE READY AND SATISFIED WE WILL BE DONE...

[alin] grunt0311, ok. What about the prosperity projects after the RV? Are you involved with those as well?

Grunt0311] alin MORE OR LESS, YES. THAT IS A COMPLICATED QUESTION FOR ME TO ANSWER THOUGH. I'VE BEEN WORKING ON PROJECT FUNDING FOR A LONG TIME... IN FACT, THAT IS HOW I MET ZAP TO BEGIN WITH. WE HAVE TALKED, AND HE HAS INDICATED I WILL BE VERY BUSY.

[mohawk] Jester, are the f/p letters a "kickoff" to everything? Just curious. We've heard for a long time

[Jester] mohawk IT IS THE FIRST AFTEREFFECT... THEY WANT TO HIT THEM WHERE IT HURTS... BUT NOT PRE-RV...they would have to be out before the RV

[LittleBuddha] Jester so I take it the last person of the three was rescheduled again?

[Jester] LittleBuddha YES HE WAS...

[spiritfilled] Jester So you think at least 5 days at best???

[toolfan4] Jester 5 days at best...finally an answer i can use...i will see you all next week to check back...good info to have....around wed or thurs maybe

[Blessed94] Is anyone else feeling down?

[Catwoman] Blessed...Yes, very!

[Jester] Catwoman LAST NIGHT WAS MINUTES... SHEESH PEOPLE... YOU CAN KEEP ON LISTENING OR YOU CAN TAKE A DEEP BREATH AND RELAX...

[sign]  IMHO if we RV last night I think we would have heard from Okie by now.

[Grunt0311] Blessed94 WeRCurious DEFINITELY NEED TO BE EXCITED... THERE IS SO MUCH GOING ON RIGHT NOW THAT IS POINTING IN THE DIRECTION WE WANT IT TO GO..

[Jester] Grunt0311 THAT IS TRUE... THERE IS NOTHING TO BE DOWN ABOUT... EVERYTHING IS HEADED THE RIGHT DIRECTION... AND IT IS ALL GOOD FOR US....

[jam777] Jester ... you know MarkZ and Wilduck, or at least talk to them ... they both think the RV is like any second now ... and you seem to be waiting on money movement and announcements ... are they seeing things from financial institutions or something else that makes them more imminent than you on the rv ???

[Jester] jam777 WELL MARKZ IS A VERY SMART MAN.... AND I LIKE HIM ALOT... WE TALK... HE KNOWS WHAT IS HAPPENING... BUT YOU HAVE TO REMEMBER THAT THINGS CHANGE...

[spiritfilled] .this thing has process for months and we hear good news 1 day and get told that it is a lie by saying well things change ..the Iraqis seem to be doing ok so God bless them ...done

Grunt0311] spiritfilled WELL, THE THING YOU HAVE TO KEEP IN MIND IS THAT IT ISN'T A LIE WHEN IT IS SHARED IF IT SIMPLY CHANGES FROM WHAT IT WAS. IT TENDS TO BE A MATTER OF PERSPECTIVE. IN THE CORPS WE HAVE A SAYING: CHANGE 1, CHANGE 2.

[Jester] spiritfilled I AM NOT AWARE OF ANY LIES... ONLY THOSE THAT WANT TO USE THE EFFECTS FOR EXCUSES... THIS PROCESS HAS BEEN A PILL ATR BEST... BUT IT HAS TO BE DONE THIS WAY TO ROOT THE RATS OUT AND MAKE THE WHOLE SYSTEM SAFE...

[honeybelle] Jester sir there will always be rats believe me I know :(

[Jester] OK... ALMOST CLOSING... HOPE EVERYONE HAD A NICE TIME... HOPE YOU WILL VISIT US AGAIN... THANKS FOR COMING AND HAVE A WONDERFUL EVENING...

[Grunt0311] TIME FOR ME TO HEAD OUT, FOLKS! IT WAS GREAT, AS ALWAYS. SEE YOU AGAIN SOON!

[Jester] Grunt0311 THANKS BIG GUY...

[Grunt0311] Jester YOU'RE QUITE WELCOME! :)

[Patriot] Ya'll come back now, ya hear

TLAR POST , 10 AUGUST

Tlar:  "In an attempt by the Government to improve the Iraqi currency, intended to delete the three zeros is pricing exchange rate 1.16 against the dollar, the dinar would replace the State budget $ 172 billion dinars, or the equivalent of about $ 150 million, and the Government is preparing to perform this step with the adoption of the "new dinar" requesting an order from the Central Bank to raise its value gradually down to be equal to the dollar. "   {Full Article Below Tlars Comments}

 Very interesting statement.  What does it mean?  Does it mean float the currency starting at 1166 and gradually, finally get to a dollar?

Or is it saying that the will delete the zeros and start at 86 cents and then gradually control a float to a dollar?  The first part of the sentence says:

 "In an attempt by the Government to improve the Iraqi currency, intended to delete the three zeros is pricing exchange rate 1.16 against the dollar, the dinar would replace the State budget $ 172 billion dinars, or the equivalent of about $ 150 million,"
  Here we see the 3 zeros being dropped and the currency becomes 1.16 dinars to a dollar as it has been stated in multiple articles now.  It even gives us a proof number when it says compares the state budget with the before number of 1166 and the new number after the zeros are removed at 1.16 or 86 cents. 

But this is still not equal to a dollar.  In order to get to a dollar the Central bank is next ordered to complete the process by taking it gradually from 86 cents to equal the dollar.

 Next we see it says:   the Government is preparing to perform this step with the adoption of the "new dinar"

 I guess its all in how you interpret the articles as to what they are saying. 

In the above article they say they want to equal the dollar but they show step one as 1.16 or 86 cents.

 I find it extremely interesting that they would feel it necessary to even put 1.16 in that part of the paragraph if it is their intention to just float the currency from 1166.

That is just one of 1165 numbers that they will supposedly pass through as they march toward the dollar mark. 

I also find it interesting that the 1.16 is the same number that both of the finance guys told the press that the 2014-2016 budgets are figured on.  How would they know what the value will be in the future on a market driven free floating currency?

 I don't think both guys were using an imaginary number nor do I think they were guessing at some future number.  I believe they are using the number achieved after the deletion of the leading zeros as it was told to them by Turki.  Sorry Kap.  I don't see it the way you and Ennorste do.

FULL ARTICLE & LINK:

After its release from the penalties.Anatolia: Iraq looks to foreign investments by $ 32 billion

Friday, August 9, 2013-4: 07

At a time when Iraq political turmoil and sharp divisions, with bombings in several regions, preparing for his exit from Chapter VII of the United Nations, which has since been more than 23 years after its invasion of Kuwait.

This has allowed the United Nations to use military force against Iraq because he acted in a manner prejudicial to international peace and security, in addition to the economic sanctions and the freezing of funds, and to prevent trade minimal, severance of diplomatic relations.

According to the international resolutions expected to achieve that step in 2015 after payment of all reparations imposed by the United Nations and about $ 52 billion, but it seems that the improvement of relations with Kuwait, especially after the visit of Kuwaiti Prime Minister Sheikh Jaber Mubarak Al-Sabah in Baghdad last June and signed a package of agreements in political, economic, cultural and environmental, has accelerated the collapse of the black page, and move to a new stage.

Kuwait informed the Secretary-General of the United Nations Ban Ki-moon of positive developments require a decision to move Iraq from Chapter VII to the sixth item, must continue to pay the remaining amount of compensation of $ 11 billion.

What are the positive developments that Iraq is looking forward to the next stage after their liberation from the terms and conditions and penalties Chapter VII of the United Nations?

According to a poll by the Merrill Lynch-Bank of America "and is one of the largest u.s. banks, show that Iraq tops the list more developed economically, it will bring in 2013 a GDP growth of 10.5%, followed by China with 7.7%.

The report noted that this growth is due mainly to the success of the Ministry of oil to raise production to 2.1 million barrels per day, and the result of rounds of licenses and contracts signed by the Iraqi Government with international oil companies to develop fields, knowing that Iraqi oil reserves hard around 112 billion barrels, the figure rises to 150 billion barrels of potential reserves, with the second largest oil reservoir in the world after Saudi Arabia.

Iraq has huge oil potential, out of seventy-four discovered fields and list, only 15 have been exploiting the fields, exploited oil fields alone need large amounts of investments and reforms before they can resume full production.

In this context, Iraq implemented an integrated strategic plan extending from 2012 to 2030, the energy sectors from oil to natural gas, electric power, and requires the implementation of the programme of development recommended strategy providing a capital expenditure of about $ 620 billion, government revenue is estimated at six trillion dollars, oil exports constitute 85% of them, as well as provide for Iraqis, 10 million jobs in important industries.

From here, Iraq looks forward to attract Arab and foreign investments after emerging from Chapter VII of the United Nations, and is expected to be the Chief of the Iraqi investment Sami Raouf Al-araji could turn out oil projects and huge service for the benefit of Gulf and foreign companies.

The number of companies registered with the Iraqi Ministry of trade until the end of 2012, more than 62,000, including the 1976 Arab and foreign companies, there are 740 projects valued at 32 billion dollars, and investment continue to map in two phases, each phase of five years, with a large number of oil and electrical projects under the assignment.

Al-araji said that some companies began sending its engineers and workers to Iraqi sites, operating without protection, is improved, especially since there are only a few areas the security situation permits.

The President of the Iraqi stock exchange, Taha Ahmed Abdul Salam, Arabic and foreign participation in the trading market soared to five percent, and increased the market value of the stock of 1 710 billion dollars in 2004 to about 5 598 billion in 2012 and then to more than $ 10 billion in the first half of 2013.

Investors benefit from exemptions from duties and taxes may not be available to them in the stable investment climates, but in this area draw experts working in the industrial development organization (UNIDO) to exempt companies from fees,

but it is not enough to attract investors to operate in Iraq, so the Government has created an enabling environment through single-window activation and decrease its steps for completing transactions, adding to the political stability, security and the eradication of corruption.


As is well known, some financial experts and the economy due to the failure of the Iraqi investment map due to the dominance of the characters important joints in the Government Center and the provinces, not for efficiency but for belonging to a particular party dominant power, that distinctive foreign companies cannot enter Iraq because of the economic chaos, political and security, and the absence of real guarantees by the State, as in the language of blackmail in the joints.

With the development of the investment highlights the role of the banks, despite political turmoil and security attacks, some foreign banks to open branches in Iraq after emerging from Chapter VII,

"the US Bank Citigroup and Standard Chartered of Britain were among the first to open branches to the fruits of investment projects, on the basis that banking laws adopted after 2003, and an appropriate ground legislation, investment and profits, opens the way for foreign banks to open branches without fear,

That could encourage investment companies to come to Iraq, despite their reluctance to invest their funds.

Within the framework of attracting investors and assure them the value of their investments, highlights the importance of ensuring monetary stability on the basis of the exchange rate is the focus of the State monetary policy and as a criterion for the economic activity and the evolution of the business and financial sectors and of the economy, and their effectiveness at the level of foreign trade relations.

Some financial experts believe the economy should exit Iraq from Chapter VII should have a positive effect on the dinar exchange rate against other currencies, particularly after a record collapse during the past years.

The dinar was equal to 3.26 dollars, but since 1980, was affected by the fallout from the Iran-Iraq war, then the economic blockade in the early 1990 's, the magnitude of the dinar in Exchange for pumping limited foreign exchange earnings that has led to the deterioration of the price paid to the dollar and other currencies,

after the occupation of Iraq and to allow it to increase its exports of petroleum and the lifting of the ban on its funds frozen the dinar began towards the dollar improved but is still low, is currently around 1160 dinars to the dollar.

In an attempt by the Government to improve the Iraqi currency, intended to delete the three zeros is pricing exchange rate 1.16 against the dollar, the dinar would replace the State budget $ 172 billion dinars, or the equivalent of about $ 150 million, and the Government is preparing to perform this step with the adoption of the "new dinar" requesting an order from the Central Bank to raise its value gradually down to be equal to the dollar.

You can order Government led by Nuri al-Maliki, facing opposition from more than half the Iraqi people living in "paradise" which seats and subsists in various State departments, including the Central Bank and contributed to waste billions of dollars of oil money? ......

Can the Iraqi economy despite the financial strength and solvency, social stability in light of the continuing lack of security and political stability? ...

Can reassure investors and attract them to participate in development projects to promote the country and protect national currencies deteriorate and return it to its previous value days of Saddam Hussein? ...

You have reached the Iraq budget 2013 to 138 trillion dinars (112 billion dollars), compared with 119 trillion dinars (about 97 billion dollars), a deficit of 20 trillion dinars (15 billion dollars).

This large deficit despite rising oil exports and calculate the price of a barrel of 90 dollars, knowing that Iraq is dependent on oil revenues to cover 95 percent of the budget.

Thus the deficit as inherent to the budgets, and the 2013 budget spared from such, and that the source of the real risk that, as a general rule, of the close link between the growth of the budget deficit and the growth of internal and external indebtedness. This may be the economy and subsequent budgets in a vicious circle with devastating consequences for the economy.

This can be seen clearly in balance in 2013 that deficit in previous years was a planning deficit covered from previous budget surpluses, but the budget deficit in 2013 is the inability of the scheme is funded as follows:

-11 trillion dinars from savings achieved in the Development Fund for Iraq.

-2 890 trillion dinars from special drawing rights.

-6 801 trillion dinars from borrowing (Treasury remittances versions) and the expected increase in crude oil prices.

-To continue borrowing from the World Bank and the International Monetary Fund to supplement the $ 5-6 billion dollars.

The resort to external borrowing and external funding sources when not enough internal funding sources to provide development requirements and provide for the basic needs of the population, but it's puzzling that Iraq resorted to external borrowing and debt trap again.   LINK