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Tuesday, August 12, 2014

IRAQI DINAR 123 NEWS: CHAIRMAN OF PBA SAID: IS COMMITTED TO SUPPORT IRAQ ECONOMY & THE IRAQI DINAR CURRENCY IN THE FOREIGN MARKET, 12 AUGUST

Iraqi Dinar 123 News:- The president of Private Banks Association said banking relationships between private and public banks increased in the last 6 months that enhanced the overall banking operations in the country. The banking system of Iraq is looking better today and it is supporting foreign traders very well. That’s the reason volume of foreign trade increased in the country. The chairman of PBA said private banks are struggling hard to create better business relations with foreign banks so that they might be able to bring business in the country.
The Kamal al Hassani, the director of Rafidain Bank of Iraq said the bank is performing well in the collection of foreign remittance, opening of letter of credit and in the issuance of guarantee letters for foreign traders. The chairman of PBA is committed to support Iraq economy and The Iraqi Currency in the foreign market. Kamal al Hassan said we are trying our best to provide our customers services with international standard so that they may compete with others in the international market. The economists believe that Iraq will make progress if PBA works properly. The coordination between private and public bank can bring favorable changes in the economy of Iraq.

JOHN MACHAFFIE, SPECIALAGENTGIBBS & SURI TIDBITS, 12 AUGUST

8-12-14 John MacHaffie: TIME FOR ARRESTS. IF THE RV DOES NOT SHOW UP NOW ---- LOOK AT THE FED TREASURY BLOCKING IT AGAIN. TIME TO GET SERIOUS WITH THE ARRESTS STARTING WITH THE FEDS.

8-12-14 SpecialAgentGibbs: The USA is the hotbed of the cabal system, it will fight what is right tooth & nail. Either the USA/Cabal accepts defeat & joins the rest of the world OR, gets totally exiled & left in the dust. One way or the other, it's going down. Look at what the rest of the world is doing, it's either in or out. IF the USA/Cabal refuses to admit that the time is now over for the corruptions, it will not last long on its own. In the end, the Cabal with wither on the vine, and simply cease to exist.

The cabal has held the people of the world in slavery for eons....The world has awakened.... This IS the last battle. The cabal is terrified of the people becoming aware. LISTEN to me please....The ONLY reason the cabal continued to exist is because WE allowed it. WE, with our very own lack of caring what THEY did, gave THEM exactly what they needed to control US. Spread what you have discovered to everyone you know....Help to wake up the masses. Off my soapbox.


8-12-14 Suri: LIKE I SAID THIS MORNING ... WE CAN CLEARLY SEE WHAT IS HAPPENING RIGHT BEFORE OUR EYES. IT'S ALL OVER THE NEWS AND THE INTERNET. WE ARE MOVING IN THE DIRECTION WE NEEDED TO GET THIS DONE. WE ARE IN A GREAT PLACE EVEN A SUPERFANTASTIC PLACE. WE SHOULD ALL BE HAPPY AND READY AND PREPARED.

EXAMINER.COM: 2014 WILL BE THE YEAR OF THE CURRENCY RESET & GOLD BACKED TRADE NOTE, 12 AUGUST

On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of a de-Americanized financial order.
The next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. Through their moves away from reliance on the dollar via the creation of new currency swap lines, major economic powers are transitioning away from 
But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. - Goldseek
the 42 year old petro-dollar system that saw America devalue its currency nearly 98%, and export inflation to the rest of the world.
A global currency reset is inevitable, especially when you consider that the historic life cycle of a purely fiat currency is only 30 years, with a maximum length of 42 years. This falls in line with the U.S. dollar which has been a purely fiat currency since President Nixon took America off the gold standard in 1971, and subsequently allowed the central bank to grow the economy with debt rather than sound money and real production.
2013 will go down in history as the year of global currency wars. But intermixed in this financial conflict will be the rise of China, and their plans for a new financial order. And as Dr. Willie points out in his assessment for the coming year, when the global currency reset happens, the vacuum that will occur will not be void for long, and will be quickly filled by China with two new options that promise greater stability than what the U.S. had offered for more than a decade.

WINNERIAM POST FROM TNT FORUMl HERE A LIST OF CURRENCIES RV'ING IN THE FIRST BASKET, 12 AUGUST

winneriam: This is what I found at the end of 2013 but it did not have the zim, which I believe is to RV twice.
1st basket revaluing

jod = Jodan dinar  
sos = Somali Shilling  
scr = Seychellois Rupee  
std = Sao Tomean Dodras  
tnd = Tunisian Dollar 
syp = Syrian Pound  
tzs = Tanzanian Shilling  
myr = Malaysian Ringg  
aed = United Arab Emirates Dirham  
pen = Peruvian Nuevo  
php = Philippine Peso  
qar = Qatari Rial  
nad = Namibian Dollar  
mzn = Euro  
ngn = Nigerian Naira  
omr = Omani Rial  
cny = Chinese Yuan  
kzt = Kazakhstani Tenge  
lbp = Labanese Pound  
vnd = Vietnam Dong  
iqd = Iraqi Dinar  
cop = Colombia Peso  
bob = Bolivian Boliviano  
vef = Venezuelan Bolivar 
It is possible that China will RV twice like the zim because China, Laos and Cambodia are sitting on absolute mountains of gold. These are just me surmising but I think Libya, Kuwait and Bahrain may RV soon after to reflect their true value. The Philippines is said to have enough gold by themselves to sponsor the gold backed currency of every country in the world. The Philippine peso may really move. Any one else with an idea?

DMAGNET: These are a list off currencies that were supposed to be in the first basket. I believe Eagle1 had originally posted these. Keep in mind that these currencies will not all be revaluing (increasing in value). 

Some of these will be devaluing.
Foxy did mention that some of these countries have devalued already. However, I do believe that some of these that have devalued will actually revalue as the GCR continues to unfold. I believe this has to happen in order to create a fair "playing field" for all countries in regards to both global commerce and international trade. 

I also believe that some of those newly devalued currencies have been manipulated by the PTB. Mainstream media refers to what is happening now as "the currency wars."
Just make sure that you do your due diligence when purchasing these other currencies. Make sure you are purchasing the correct series/years and through a trustworthy source.

WINNERIAM: Foxy is right, it is just a list that I found, but we're a forum of dinar investors and this is the only place to talk of such things to help us. We cannot expect to hear anything helpful of this matter on the calls. I was also looking for those that may make up the second basket because I did not record that list that I saw. I only surmised zim and china twice, then Laos, Cambodia, Kuwait, Libya and Bahrain because they make sense. Any country with vast amounts of rare earth minerals will likely rv like Mongolia. I copied this about rare earths.

Until 1948, most of the world's rare earths were sourced from placer sand deposits in India and Brazil.[14] Through the 1950s, South Africa took the status as the world's rare earth source, after large veins of rare earth bearing monazite were discovered there.[14] Through the 1960s until the 1980s, the Mountain Pass rare earth mine in California was the leading producer. 


Today, the Indian and South African deposits still produce some rare earth concentrates, but they are dwarfed by the scale of Chinese production. In 2010, China produced over 95% of the world's rare earth supply, mostly in Inner Mongolia,[3][15] while it had only 37% of proven reserves;[16] the latter number has been reported to be only 23% in 2012.[17] All of the world's heavy rare earths (such as dysprosium) come from Chinese rare earth sources such as the polymetallic Bayan Obo deposit.[15][18] In 2010, the United States Geological Survey (USGS) released a study which found that the United States had 13 million metric tons of rare earth elements.

MONEYTALKS1 , MILLIONDAY & POPPY3 TIDBITS, 12 AUGUST

moneytalks1: Unbelievable day!!!! The gap between politics and money is closing in very rapidly. Believe me, Turki and the IMF are very very happy!!!

Millionday: THE PRESIDENT OF IRAQ TOOK A NEW NAME FOR PRIME MINISTER  [ABBADI].  HE IS ASKED TO BEGIN FORMING THE NEW GOV RIGHT AWAY.  HE CAN FORM IT QUICKLY AND I TELL YOU WHY.  THIS MAN HAS BEEN IN THE POLITICAL ARENA FOR A LONG TIME AND IS WELL RESPECTED WITH ALL PARTIES AND HAS GREAT RESPECT FOR THE GOV AND THE LAW -- AND ALSO WAS WITHIN THE FINANCIAL GOV...HE HAS A LONG RESUME'.   THIS PM HAS CLAIMED AND SHOWN THAT HE IS ALL FOR THE CITIZENS OF ALL OF IRAQ.
Poppy3: HE NOW HAS 30 DAYS TO FORM HIS NEW GOI PANEL BUT FROM ALL INDICATIONS AT THIS TIME HE WILL MOVE VERY FAST TO COMPLETE THIS STAFF. GUYS HE IS FROM A FINANCIAL POSITION AND HAS BEEN FAMILIAR WITH THE CBI AND TURKI'S NEEDS FOR SOME TIME.  HE ACCORDING TO ALL THE NEWS WILL PUSH FINANCE FIRST. I DO NOT THINK THAT TURKI WILL NEED TO WAIT TILL THE ENTIRE GOI IS SET. WHAT HE WILL NEED IS MALIKI OUT OF THE WAY ONE WAY OR ANOTHER. WATCH THEIR ACTIONS.
  I SUSPECT WITHIN A COUPLE THREE DAYS THE INTERNATIONAL POLICE FORCE WILL COME IN AND ARREST MALIKI FOR POLITICAL OBSTRUCTION... JUST WATCH THEIR ACTIONS. THEY HAVE ALREADY ANNOUNCED HE WILL BE CHARGED AS SOON AS HE IS OUT OF POWER. WELL THIS OLD BOY THEY HAVE NOW AS PRIME MINISTER REPLACING MALIKI SHOULD BE GREAT FOR US AND SHOULD ACT FAST TO GET TURKI WHAT HE NEEDS TO GET THE RV RELEASED AND START THE FINANCIAL REFORM THEY DESPERATELY NEED.