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DINARESGURUS.BLOGSPOT.COM_________________ _______

Sunday, July 26, 2015

DEALER OF IRAQI DINAR IN PUERTO RICO UPDATE, 26 JULY

Dealer of Iraqi dinar in Puerto Rico :This is private contracts. If our goal is to get gain to "coin collection" (as the OCIF says) and as prominent economists PR says, "It is high risk", this is an excellent alternative. Profit is profit, period. Let's see who comes first to ARRANCARRRRRRRR .... !! By the way, "Currency swaps" is written in the order 13303. Obviously everything is still high risk - not guaranteed. When? I dont know. How much? Not either. God is Good.
 
What is a currency swap?
A currency swap is an agreement in which two parties exchange flows of foreign currency in time.
ACTIBVA.COM
*****
SPANISH :

De esto se trata los contratos privados. Si nuestro objetivo es sacarle ganancia a nuestro "colección de monedas" (como dice el OCIF) y como dice economistas prominente de PR, "Que es de alto riesgo", esto es un excelente alternativa. Ganancia es Ganancia y punto. Vamos a ver quien cobra primero para ARRANCARRRRRRRR....!! Por cierto, "Currency Swaps" esta escrito en la orden 13303. Obviamente todo sigue de alto riesgo - no garantizados. Cuando? No se. A cuanto? No se tampoco. God is Good.
Un currency swap es un acuerdo mediante el que dos partes intercambian flujos de moneda extranjera en el tiempo.
ACTIBVA.COM

MILLIONDAY CHAT UPDATE, 26 JULY

Millionday: WE HAVE SOME NEWS TONIGHT WE HAVE NEVER SEEN BEFORE

Millionday: WE HAVE SOME VERY INTERESTING NEWS TONIGHT

Millionday: READ EVERY WORD -- VERY IMPORTANT

Millionday: evolution of the concept and content of the state budget over time, is no longer a budget just legislation to legitimize the expenses and revenues in the traditional clauses that were linked to the traditional role of government, it has become an annual plan reflects the plans or the medium and long-term strategies, which are aimed at achieving economic and social goals

Millionday: NOTE -- THE OPERATIONAL SIDE OF THE BUDGET HAS BEEN OPENED -- THIS IS ABOUT THE INVESTMENT ETC SIDE

Millionday: The development, which is of the form and content of the general budget so as to achieve the provision of understanding of the objectives and programs and provide a clear display offers the possibility of monitoring and evaluation and accountability, and can be linked to the general budget expenses and the contribution of those expenditures in achieving progress and growth towards the desired objectives contained in those national plans and strategies in macroeconomic and sectoral and spatial economic dimensions and the extent of progress in the reality of public services and the infrastructure,

Millionday: NOTE -- THIS IS OBVIOUSLY TALKING ABOUT THE ADVANCEMENT BROUGHT BY THE INVESTMENT SIDE /PROJECTS ETC

Millionday: NOTE -- THE ECONOMIC REALITY

Millionday: and what is the developmental harvest could be achieved from the implementation of programs and projects and can shorten the factors that led to the evolution of the concept of the state budget and thus display the following factors Method:

1. The form and content of the state budget is linked to the philosophy of the state in its economic-political, and the role of government - depending on was so in economic and social life, and this role has evolved over time to change the philosophy and governance systems,

Millionday: NOTE -- OBVIOUSLY PARALLEL OF THE PLANNING WITHIN IRAQ

Millionday: , and who arrived in his accession to the government to be in a position (directed and organized) economic and social development after it was their role at the beginning of the emergence of modern governments role (goalkeeper), the upgrading of the role and tasks put governments in a position strategic mind which carries the vision and goals, and then routing turning it into projects and programs in accordance with the models and multiple options (away from the direct role of the government in implementation),

Millionday: NOTE -- AWAY FROM THE GOV CONTROL WITHIN

Millionday: create opportunities and an environment suitable for the advancement economic sectors and social welfare and development through the optimal use of resources, and economic and effectiveness efficiently, which is contained in determining the state budget targets in the light of the developments mentioned above, the following:

Millionday: NOTE -- BENEFITS -- READ EVERY WORD

Millionday: • to achieve sustainable development in order to achieve social welfare.

• encourage productive activities and the reduction of non-activities productivity.

• reduce unemployment and raise social productivity of labor.

• general stability of prices and the reduction of inflation.

• attracting foreign investments.

• increase national income.

• support the trade balance.

• achieve security and economic and financial stability.

• increase the contribution of the private sector in GDP.

Millionday: WHOOPOW --

Millionday: 2. growing human development mission, which is the other evolved from being the provision of humanitarian aid, to include checks for people of offering qualitative and quantitative in their lives, and became a reality and a trend that human development and improve the characteristics of the human is the natural gateway to any real development process, and that man does not have to the ultimate goal of development.

3. The growing human role and civil society organizations to participate in the planning and evaluation and accountability, as the Human Development maker as its purpose and the time itself is a tool for change.

Millionday: NOTE -- CHANGE WITH THE USE OF THE WORKING MAN AND ADVANCEMENTS TO THE GDP ETC

Millionday: 4. The growing role of local authorities in light of the spread of democratic systems, which expands from those roles, and is based on the decentralization of the management and development areas, and the consequent of the division of powers and responsibilities and fair distribution of resources, and empower local administrations administratively and financially, and also enable them to plan and drawing operations policies and programs a private development.

Millionday: NOTE -- THE POWER SHIFT TO THE PRIVATE SECTOR

Millionday: 5. evolution of the concept of control, because of the development of content and objectives of the general budget on the one hand, and because of the development of administrative and financial systems, including the concepts of strategic planning and concepts of efficiency, effectiveness and economic expansion in performance measurement, and the concepts of quality and excellence and public satisfaction .. etc, because of the expansion of the role of citizens in the political, economic and social life and thus their role in control, so no longer control traditional legislative and financial control scrutinize the commitment limits expenditure and income governed by the budget law,

Millionday: NOTE -- THE REVISIONS OF THE ACTUAL BUDGET LAW --- WHOOPOW

Millionday: but the evolution of the concept, content and tools to control the direction of achieving other goals, the goals focus on the achievement of objectives, programs and plans that target the budget and focus on those results in terms of quality, efficiency, effectiveness and Aguetsadatha, check the optimal use of resources within the specific priorities in achieving sustainable development on the basis of social justice and social balance.

Millionday: NOTE -- THE GOAL IS THE IRAQI DEVELOPMENT ECONOMICALLY WITHIN THE BUDGET LAW

Millionday: NOTE -- UNDERSTAND EVERY WORD IS HUGE -- READ IT ALL -- SMILE

Millionday: 6. increased risk due to the large opening of the markets and the complexity of the economic, commercial and financial relations, and the magnitude of the risk as a result of the effects of financial crises that occur in other countries, and increases the depth of the risk in countries that rely on specific source or sources of natural resources -as is the case in oil-producing countries such as Iraq where these countries rely on the basis of resource fluctuations affect prices have a direct impact on revenues

Millionday: NOTE -- THERE IS FEAR IN THE LEAP FORWARD

Millionday: all of that arranges a direct impact in the preparation of the general budget and construction and displayed including indicates the medium and long-term goals in the diversification of the production base, and in diversifying the sources of budget revenues, and short-term goals to deal with the fluctuations and financial crises, and in general is bound to the general budget reflects the ability to hedge risk and flexibility to respond to changes and fluctuations.

Millionday: NOTE -- THEY MUST MONITOR THE EXPECTATIONS AND THE RESULTS

Millionday: 7. addition to what is stated in the above points, the specificity of the situation in Iraq calls for a development entirely in the form and content of the state budget, as the country suffers and citizens of heavy byproducts of large and backwardness in various aspects of life, as the country faces great challenges and serious disorders, and the circumstances of the country in terms of the transition from an authoritarian system to a democratic system in the absence of cohesion institutional, social and the resulting delay, palaces and corruption, all of this calls for the construction of the general budget and presented a way that reflects the extent to respond to the requirements and challenges and phenomena of serious, and in a form that provides information and data readable and measurement,

Millionday: NOTE -- THE HUGE CHANGE IS A RISK/FEAR AND MUST BE MONITORED AS MANY THINGS CAN GO WRONG

Millionday: challenges and phenomena of serious, and in a form that provides information and data readable and measurement, control and Calendar in the clear objectives frameworks and programs and subject to review, monitoring and Althalil.bad this year's review, which we dealt with the justifications and reasons and conditions of the development of the general budget planning and in form and substance, show in below if the federal public budget for Iraq in the light of the over statement, any how close or after of these requirements:

Millionday: NOTE - THESE ARE THE MANY CONCERNS TO BE MONITORED

Millionday: 1. The budget General in the light of other ministries and agencies estimates, which are based on historical data and future expectations are added randomly and in an exaggerated manner so, to provide room for negotiation with the Ministry of Finance (for example, were the ministries and other agencies provided estimates of spending power to the Ministry of Finance more than 300 billion dollars for the year in most years –

no more than state revenues by 4-fold), and the intervention of such requests in and take, negotiation processes to reach a certain number, and influence in determining the amount in some cases,

the power of the bargaining, political or Aguenaia or in person, and if they have reached the estimates approved a primary large deficit, so they can be amounts of allocations truncated by almost uniform to all, without taking into substantive considerations, priorities and commitments, goals and nature of the activity.

Millionday: NOTE -- OBVIOUSLY MORE NEEDS REQUIRE MORE FUNDS -- HUGE CHANGE IN IRAQ

Millionday: NOTE -- THE MANY PROJECTS

Millionday: 2. Although continue to develop short- and medium-term strategy for the budget, and despite the presence of national strategies directly related to the public budget, such as National Development Strategy (for five years), and poverty reduction strategy, and strategy development of the private sector, and strategies sectoral (energy, health, education, labor and social welfare, agriculture, housing, etc. ..), despite the presence of all those strategies which should be reflected in the building the general budget, but we note the almost complete absence of these strategies in the content of the budget and can not display the current method of knowing the extent to which those strategies in the budget.

Millionday: NOTE -- OBVIOUSLY THE GOALS ARE MASSIVE

Millionday: 3. The growing role of public budgets -as Pina- in the expression of economic and social objectives in human development can touch this role in the General Fund, because of the nature of the preparation and presentation of the budget can not stand or identify the answers to important questions such as:

Millionday: OBVIOUS CONCERNS >>>

- What are the economic, social and development goals targeted by the budget? What is the progress that can be achieved when implemented ratios?

- What is Tothiralanvaq in different sectors?

- What is the role of the budget in balance and social justice?

- How check the bridge to gap the shortfall in the infrastructure?

- To what extent match the budget with national strategies allocations and sectoral?

- What is achieved accumulated from previous years to the desired goals?

Millionday: NOTE -- OBVIOUSLY A VERY HARD POSITION TO BE IN

Millionday: - How is the size of the projects included, not only in the annual allocation them but the total allocation for these projects (a total allocations for the projects listed more than 200 billion is not reflected in the budget)?

How is the sectoral and geographical distribution and the extent to which deprived areas? What are the proportions of what actually check them out?

- What are the tax policy? What are the vessels that target? How much is the size of these vessels? What is the ratio of estimated revenue in light of the size of each pot of these vessels?

Millionday: NOTE -- AND THE LIST GOES ON

Millionday: It is regrettable that the budget in its current form does not provide adequate or not there are already answers to most of these questions, answers, and this indicates to the size limitations of the data and information offered by the budget (in form and content), and therefore lose their importance and role in the planning and control, control and achieve the desired results in the economic, social and developmental aspects that represent the budget the main tool in achieving them.

Millionday: NOTE -- WITHOUT A BUDGET ACTIVATED THESE THINGS AND MANY MORE ARE NOT ACHIEVABLE

Millionday: NOTE -- THIS IS RELEASED TO THE CITIZENS TOMORROW

Millionday: The general budget organized on the basis of government accounting, and this is the basis of a minor for providing accurate and useful reading in directing the budget towards the ends and in the provision of management rules and planning and control and optimal use of resources, at a time when the general budget passed in world developments successive which turned the budget from being an annual plan of expenditure and income within tabs accounting rigid, turned into plans and programs that respond to the objectives of the strategic medium and long term, and has seen those developments move the budget to a data help rule Leaders on the optimal utilization of available resources (dubbed administration budget

Millionday: NOTE -- THEIR BUDGET IS NO LONGER JUST WORDS AND IS HEADED TO WORLD POWER THAT BE FOR ACTIVATION AND PLANNING

Millionday: and then evolved to balance programs and then to planning and programming system that provides the necessary planning, management and control of data, which helps in the optimal use of resources and provide clear rules and specific goals, measuring and evaluating performance at all levels.

Millionday: READ EVERY WORD

Millionday: We have launched a project to reform the public budget system by more than two years (when I was Secretary General of the Council of Ministers), and we formed a joint team to select the appropriate system to view the balance between Options world followed, cutting the team way whatever in this regard after reviewing the budgets of other countries, and we hope that this project ends real reform alters the shape of the budget and content to respond to the requirements and necessities which we have referred, and to then (the application of a new system),

Millionday: we feel it is necessary to address the current situation by remodeling budget (without prejudice to the government accounting system which is which) by enhancing the display budget General analytical disclosures, can decision-making positions in the executive and legislative branches to understand and stand up to the facts and phenomena and information designated by taking guidance and appropriate decisions, also provide those disclosures rules of important information for all specialists and concerned as well as the media and civil society organizations, professional organizations and the business environment as well as the public at large in.

Millionday: We offer the below number of important data that must be provided in order to achieve the necessary understanding of the budget, knowing that they are available and can be obtained, attached as annexes with it:

1. public administrations expenses:

detection shows the expenses of administration centers (centrally funded) in the three presidencies and centers ministries bodies and provincial and local administrations.

It includes: salaries, allowances of all kinds, operating expenses, protection expenses (including protections Almnsph from other parties).

Millionday: NOTE -- OBVIOUS ECONOMIC CHANGES BEING MADE -- THIS IS HUGE

Millionday: 2. profits and losses of public companies:

detection shows the revenues and production costs, salaries and wages and other operating expenses and net profit or loss is expected, The cumulative gain or loss and total debt and grants accumulated (currently appears number one is the net profit or loss for each public sector companies).

3. grants and aid:

Detection shows all grants allocated aid to self-financing and other local authorities bodies, and third parties, and the total grants and aid to previous years each hand, and the ratio of total grants and aid to the total current expenditures.

4. energy sector:

Millionday: (a) oil and its derivatives:

The detection shows:

(a) the total expected revenue from the export of oil.

(b) the total expected gas and oil derivatives export revenue (if any).

(c) the expected net revenues of belonging to the state refineries.

(d) the annual cost oil producer and exporter of all costs. The ratio of production costs to oil revenues.

(e) sums import of oil derivatives.

(f) of petroleum products processed for the electricity sector and processed:

- Production of the Ministry of Oil.

- imports.

Millionday: NOTE -- NOTICE ALL CHANGES TO OCCUR

Millionday:

(g) the total amount of support of oil derivatives sold to citizens (at the level of each derivative).

(h) Production and exports are expected oil and gas and oil derivatives for the next five years.

(b) electricity:

The detection shows:

(a) the volume of production expected for the budget year, and planned for the next five years.

(b) the current production costs per 1,000 MW.

(c) the expected revenue size for wages electricity for the budget year and for the next five years.

Millionday:

5. Non-oil revenues:

detection shows all types of other income (non-oil), and Taatdhan estimated for each type amount with the vessel or the target volume of activity and the proportion of the amount to that size or activity, including:

- the income tax on individuals.

- corporate income tax.

- customs duties.

- capital revenue.

- financing revenue.

- returns Real State.

- other fees.

- excise duties.

- Share Budget of public companies' profits with revenue-mentioned ratio to the total operating expenses.

6. revealed trade balance revealed the balance of payments.

Millionday: SO AS EXPECTED THIS MASSIVE REPORT HAS BEEN EXPECTED AND HERE IT IS -- WHOOPOW

maine: when is this to be implemented?

Millionday: THIS IS BEING DONE NOW

Doodle Brain: So they are announcing to their Citizens that they are headed to being a "world power", ...won't that lead to frustration if the citizen' buying power doesn't improve?

Millionday: I WOULD THINK CONFIDENCE WOULD BE AN ISSUE

dale: Any thoughts on the potential length of the implementation process?

Millionday: NO I HAVE NO GUESS AT THIS POINT

Tex1: will You give us the details of chapter at 7:20

rudie: Millionday says(7:20 PM):

We have launched a project to reform the public budget system by more than two years (when I was Secretary General of the Council of Ministers), and we formed a joint team to select the appropriate system to view the balance between Options world followed, cutting the team way whatever in this regard after reviewing the budgets of other countries, and we hope that this project ends real reform alters the shape of the budget and content to respond to the requirements and necessities which we have referred, and to then (the application of a new system),

Millionday: I CAN SAY THIS IS THE ECONOMIC OVERHAUL OF THE BUDGET DATA

Millionday: THEY HAVE COMMITTEES THAT ARE APPLYING THE ECONOMIC FIGURES THAT COMPLY TO THE GLOBAL MARKET

Millionday: Baghdad held the House of Representatives, Saturday, its fifth meeting under the chairmanship of Salim al-Jubouri, and the presence of 175 deputies, with parliamentary source that the meeting will host the Electricity Minister Qassim Fahdawi.

The source said in an interview with Alsumaria News , that "hold its fifth meeting under the chairmanship of Saleem al-Jubouri and attend Parliament 175 deputies, "noting that" the meeting will host the Electricity Minister Qassim Fahdawi."

The source, who asked not to be named, said "Parliament will read, during the meeting, the first reading of the draft general body to monitor the allocation of federal revenue law".

Millionday: NOTE -- THE MEETING TOOK PLACE TODAY TO ADDRESS THE FEDERAL REVENUE LAW ALLOCATION IN PARLIAMENT

Millionday: The President of the House of Representatives Saleem al-Jubouri identified, earlier, on Saturday the date for the next session of parliament, calling on the House of Representatives to attend the session on time.

As decided the presidency of parliament, earlier on Saturday, the postponement of the parliamentary session was held for an hour because of meetings parliamentary committees.

Millionday: SO THE MEETING WAS LATE BUT OCCURRED --- NICE

Millionday: OPEC delegates said two of them Khalijian that is likely to be a decline in oil prices this month, short-term and will not distract the organization from its policy of keeping production high to protect its market share.

And brightest Chinese stocks fell and the Greek debt crisis worries about demand, while the Iranian nuclear deal to Tehran's oil exports could lead. And Brent crude oil was trading below $ 57 a barrel Wednesday, crude fell more than ten percent in July.

In a major change to its policy of OPEC decided in November not to cut its production target at 30 million barrels per day to boost prices, and sought instead to defend its share in the face of US shale oil and other sources of competition.

Millionday: And OPEC stuck to its strategy at a meeting in June. He quoted Kuwaiti Oil Minister Ali Saleh Al Omair first Tuesday his confidence in the prospects for demand, saying that producing countries expect global economic growth to enhance the strength of prices.

This month ruled three delegates from the Member States of OPEC to continue falling prices or OPEC to adjust its strategy and talked about the expectations of higher demand.

He said a Gulf OPEC delegate "I do not think that a change in policy. Did not it time for a change for OPEC." "The demand will increase from what it was in the first half of the year, although there is some uncertainty surrounding the economy. Prices will remain near $ 60

Millionday: NOTE -- OIL IS EXPECTED TO REMAIN AROUND 60

Millionday: NOTE AT LEAST SOME TYPE OF FIGURE AVAILABLE

Millionday: Another Gulf delegate said that even if prices fell slightly below $ 50 a barrel so long to get off in the short term it is unlikely that OPEC cut its production ceiling.

He said: "prices will not stay low forever." Saudi Arabia led OPEC policy change in support of its allies, the Gulf despite calls to cut supplies from Iran and smaller producers were afraid of the impact of lower prices on oil revenues.

The next meeting of OPEC on the fourth of December In almost certain to renew some OPEC members to call for production cuts in the wake of falling prices.

He said Algerian Energy Minister on July 14 that he can call for an extraordinary meeting of OPEC is pushing Iran to other members of OPEC to cut production to make way for the hoped-for increase in exports.

But even OPEC delegates from countries prefer a higher price of oil did not expect Saudi Arabia to change its position, at least for the time being.

Millionday: NOTE -- PLANS ARE IN THE WORKS TO MINIMIZE THE FLUCTUATION WHICH OF COURSE IS EASIER FOR BUDGETED ETC

Millionday: An official at the non-member Gulf state "It seems that the Saudi method to defeat American shale oil producers is not successful .. but may Iwasalouna".

 While Iran hopes to boost exports quickly as soon as the lifting of sanctions by the delegates do not expect OPEC Gulf in large volumes of Iranian oil by 2016 and are betting that a rise in global demand next year will absorb the additional supply.

The delegates agreed that the fourth of the state support has been cut production in the Gulf with the delegates that it does not need to move by OPEC currently. He said of the low price, "I see a short-term recovery and I expect prices."

Millionday: NOTE OBVIOUSLY SHOWS HOPE

Nadita: so they are saying the price below 50 will not stay long even if production stays the same because the demand of oil in 2016 will absorb overflow. Do you think they know oil price could dip below 50 which will be good for us, the end users.

I always thought supply and demand will drive the price up or down. I can see from the gas prices in my neighborhood, it has been slightly higher in the last few weeks.

Nadita: because for them to say that.. my guess is they have already talked about it.. oil is about 51-52 range right now.. I haven't followed it in a while

Millionday: THE THING IS THAT THE PRICE WILL BE MARKET DRIVEN -- THE PRICES ARE SET NOW AND IRAQ HAS STATED THEY HAVE THE LOWEST IN THE WORLD NOW

Millionday: THAT IS ALL WE HAVE RIGHT NOW UNTIL AFTER TOMORROWS PARLIAMENT AND MANY REPORTED ACTIONS

MY LADIES CHAT UPDATE, 26 JULY

MY LADIES:  GOOD MORNING EVERYONE..

I’M BRINGING THIS OLDER ARTICLE BACK FROM THE 12TH TO GIVE YOU A GOOD EXAMPLE OF CONTROL IN THE MEDIA.

OUR NEWSPAPERS ARE SO FULL OF CARP SOMETIMES AND PEOPLE THAT DO NOT REACH OUT BEYOND THE US NEWS ARE REALLY IN THE DARK ON MANY THINGS.

THIS IS FROM BRICS AND IT WAS A HUGE MEETING WITH GREAT SIGNIFICANCE.

IT WAS THE BRICS 7TH SUMMIT AND THE SCO SHANGHAI COOPERATION ORGANIZATION 15TH, THIS SUMMIT BROUGHT TOGETHER 14 HEADS OF STATES AND BROKE THE NEWS OF BILLIONS OF TRADE OPPORTUNITIES BETWEEN MEMBER COUNTRIES.

....
BUT WHAT DID OUR MEDIA HAVE TO REPORT FROM THIS EVENT???

YOGA! YEP THEY REPORTED VLADIMIR PUTIN
 WAS WILLING TO GIVE YOGA A TRY.

HERE READ FOR YOURSELVES AND PLEASE EVEN AFTER WE HAVE CLOSED THIS CHAPTER CONTINUE TO READ PAPERS FROM AROUND THE GLOBE.

DON’T SETTLE FOR THE CHUCKLE HEAD REPORTING SPOON FEED HOR
SE CARP THE US MEDIA GIVES YOU.

How Putin’s yoga stretched US coverage of Ufa summits
http://thebricspost.com/how-putins-yoga-stretched-us-coverage-of-ufa-summits/#.VbTR9PnHlbg

IQD NOVA: 
 GOOD MORNING ML, I HATE THE NEWS IS THIS COUNTRY!!! EVEN FINANCIAL NEWS IS MESSED UP HERE!!! FOR AT LEAST 20 YEAR I HAVE BEEN GOING ELSEWHERE TO GET THE REAL STORY!!!

MY LADIES:   MEE TOO!

MVL:  Lol. Great point, Mary. I was told once by a Great Dinarian, that even Fox has their marching orders. MA has a post out that speaks of the damage the Fairness Doctrine has spawned today too.

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

MVL:  A little Central Bank action here...  http://www.ibtimes.co.uk/central-banks-watch-fed-decision-focus-while-rate-changes-expected-russia-brazil-1512616

Joey:  7 Countries, 12 Companies, 2,200 miles, 0 Russian Gas? Priceless.   http://katusaresearch.com/7-countries-12-companies-2200-miles-0-russian-gas-priceless/

Joey:  Iran set for gas exports to Iraq…   http://iraqdailyjournal.com/story-z11220374

MY LADIES :  HERE IS THE ORIGINAL ARTICLE FROM IRAN

THINGS MUST BE GETTING SAFER IN IRAQ, HERE COMES THE GAS AND NEXT LEG IN THE SILK ROAD FOR IRAQ

 Iran set for gas exports to Iraq
http://www.presstv.ir/Detail/2015/07/25/421843/Iran-Iraq-Gas-Export-Pipeline

“Iran will sit for talks with Iraq within the next few days over the gas export project,” Gharibi added

The project has been long in the offing but had been delayed over what officials in Tehran have cited as security concerns resulting from the war of insurgency that the ISIL terrorists have waged in Iraq.

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

JG:  Mary do you think our investment will come in before the collapse of our dollar which experts are saying could happen this September or October…im not saying our dollar will collapse this year but we all know it will……..soon

MY LADIES:   JAMES I SURE HOPE SO. BUT AS FOR THE DOLLAR COLLAPSE, I KNOW YOU MISSED SOME TIME IN HERE BUT WE ARE NOT ANTICIPATING A TOTAL COLLAPSE OF THE DOLLAR

JG:  I also heard that our gov. is making it real hard to get a passport and leave this country… Is that due to the fact that so many people will get very wealthy soon from this investment?

MY LADIES:   JAMES I THINK THE THING WITH THE PASSPORT I'M NOT AWARE OF ANY DELAYS BUT IF THERE IS I WOULD IMAGINE IT IS JUST HOMELAND TAKING EXTRA MEASURES TO BE SURE PEOPLE LEAVING ARE NOT TAKING UP WITH ISIS AND I WOULD THINK IT IS ONLY DELAY TO CERTAIN PARTS OF THE MIDDLE EAST.

JG:   I spoke to my international tax atty. she says she is hearing more and more about our investment in the world of law and finance . so it must be getting ready to roll

MY LADIES:   WELL JAMES THAT IS ENCOURAGING NEWS AND I'M GLAD TO SEE YOU ARE ALL SET UP AND READY WITH AN ATTORNEY

IQD NOVA:  AS FOR A PASS PORT. GO GET TWO PICS FILL OUT THE PAPER WORK WRITE THE CHECK AND SEND IT IN. IN ABOUT 6 WEEKS THEY WILL SHOW UP AT YOUR HOUSE!!!

LAST TIP....IF YOU NEED IT THE SAME DAY. FLY TO DC GO TO THE STATE DEPARTMENT HAVE REASON WHY IN HAND AND YOU CAN WALK OUT WITH IT!

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

Sager:  Morning all. Not sure if this has been posted yet but WHOA!!:

China lauds WTO trillion dollar IT deal, eyes big gains for domestic firms


China’s Ministry of Commerce on Saturday lauded the landmark deal by WTO members to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.
http://thebricspost.com/china-lauds-wto-trillion-dollar-it-deal-eyes-big-gains-for-domestic-firms/#.VbTkjvlViko

MVL:  Britain clears the way for Joe Average to visit Iran...https://www.middleeastmonitor.com/news/europe/20033-uk-eases-ban-on-travel-to-iran

Sager:  The BRICS central bank governors in Ufa also signed an operating agreement on the $100 billion BRICS monetary fund that will come into force on 30 July.  http://thebricspost.com/brics-banks-1st-loan-to-be-issued-in-yuan/#.VbTn2flViko

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

IQD NOVA:  HOLY BUCKETS OF JULY !!!!!

ITS NOT THE AMOUNT OF MONEY IT THE DATE AND WHAT IS BEING USED.

SUPPORT CAPITAL IN THE BANK IS................THE USD!!!!!!!!

LOANING OUT WHAT..........THE YUAN!!!!!!!!!

THE DOLLAR IS SUPPORTING THE YUAN........

OH BUT I THOUGHT THE DOLLAR WAS COLLAPSING!!!!

WOW!!!!!!!! HOW ARE THE DOING IT????? IT MUST BE MAGIC!!!!!

ITS NOT MAGIC ITS THE NEW SYSTEM AND ITS STARTING ON JULY 30!!!!!!!!!!

MY LADIES:   EXCITED ARE WE???...LOL...YES YES YES AND SAGER THIS WAS POSTED YESTERDAY MORNING...

DW:  Can you say "SHOWTIME"!

MVL:   Nova...lol...my man...Jerry McGuire!!!

**********

MY LADIES:  SO IRAQ IS ONE STEP CLOSER, YESTERDAY THEY STARTED THE NATIONAL CARD, GOOD STEP FORWARD, BUT DO NOT CONFUSE THIS CARD WITH ANY TYPE OF MONETARY CARD.

THIS IS JUST NATIONAL IDENTITY CARD, DO NOT GET CARRIED AWAY………..YET!

CHECKOUT ALL THE PICS

 Prime Minister Dr. Haider Abadi attend the ceremonial launch of a unified national card project   http://pmo.iq/press2015/25-7-201501.htm

WOW!! THIS CARD HAS YOUR WHOLE LIFE STORY ON IT..

http://www.iraqinationality.gov.iq/national_id_ar.htm

http://www.iraqinationality.gov.iq/activities_ar.htm
LATE SATURDAY NIGHT: 

Bandito Rox:  Hedge Funds Are Holding First-Ever Gold Net-Short Position


Hedge funds are holding the first ever bet on a decline in gold prices since the U.S. government started collecting the data in 2006.

The funds and other speculators shifted to a net-short position of 11,345 contracts in New York futures and options in the week ended July 21, according to figures from the U.S. Commodity Futures Trading Commission.

http://www.bloomberg.com/news/articles/2015-07-24/hedge-funds-hold-first-ever-net-short-position-in-gold

MY LADIES:  HUMMM A SAD DAY IN GOLDVILLE FOR THE ALARMIST ISN'T IT!

DS:  So at first we were waiting on Iraq and now we have to wait also on Iran?

MY LADIES:  NO NO NO NO NO NO NO...WE ARE NOT WAITING ON IRAN

IRAQ CAN GO FIRST OR SECOND OR LAST, WHO KNOWS...BUT THE PROGRESSION OF IRAN IS THE STUDY OF THE NEW BANKING SYSTEM

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Bandito Rox:  VIDEO: Gold Prices Sink to a 5-Year Low

Gold has no appeal as a commodity or alternative to currencies, Macquarie Group Ltd. said on Friday, renewing the selloff that’s driven prices to a five-year low.

Futures for August delivery slid 0.8 percent to settle at $1,085.50 an ounce at 1:43 p.m. on the Comex in New York, after touching $1,072.30, the lowest for a most-active contract since February 2010. The metal dropped 4.1 percent this week, the most since October. Trading volume was 95 percent above the 100-day average for the time of day.

http://www.bloomberg.com/news/articles/2015-07-23/gold-set-for-longest-run-of-weekly-losses-since-12-on-rate-bets

Eyeguy:  Is gold dropping a good sign for us ......or no bearing on this

MY LADIES:  NO BEARING ON US WITH THE DINAR ..JUST CHANGES TAKING PLACE

MVL:   What this says to me, is that gold simply hasn't bottomed-out yet for its current cycle. It hasn't quite sunk to the valley floor; I'm with MA, and watching the charts for the next resistance level: that would be roughly $1050 @ oz., set in early 2010.

 One has to dig back to 2009 to see gold on-the-floor of the last run-up at roughly $700 @ oz. We are all well-aware of what happened in 2008.

The point here isn't so much what's happened, or what's happening with gold, but to consider what we might DO with it when the option becomes a reality. Admittedly, that's above my pay grade at the moment.

http://www.businessinsider.com/entities-hoarding-the-most-gold-2015-7


AW:  MVL,.....regardless of price, it still appears to be an asset, the same as real estate that an investor may want to consider holding….. And if possible,........holding a lot of it.

MVL:   Alan, I agree. Whether held in Singapore, Texas, or elsewhere, some place where the investment is solid, and not subject to the old-system manipulation, but can prosper alongside the new economic paradigm.

TNT :ALREADY BLESSED ADDDRESSED RUMORS IN THE CHAT ROOM 7/26 MORNING BY ALREADY BLESSED & OKROCKS, 26 JULY

BXrXXXl wrote I was on OMC last night someone had lunch with Ray in Charlotte he really seemed to be excited about something and when Nancy had last talked to him he was still in Charlotte awaiting something

JenniferVee wrote Everyone, please stay uplifted or try to get there! We're just quietly waiting. Already Blessed said yesterday, that although she doesn't do intel, she was hearing great things throughout the day. Believe!!!!! :)

ALREADY BLESSED wrote I JUST TALKED TO TONY AND RAY TO MAKE SURE THAT I HAD THE FACTS STRAIGHT FOR YOU..... 
     
ALREADY BLESSED wrote RAY WENT TO CHARLOTTE ON FAMILY BUSINESS.....HE JOKED THAT HE WOULD BE THERE IF THIS THING WENT THRU....      
    
ALREADY BLESSED wrote THE REST OF THE INFO THERE IS EXACTLY WHAT TONY SAID ON THE CALL ....WE ARE WAITING FOR THIS ANY MINUTE, ANY HOUR....ETC.....WE HAVE HEARD THAT SKR'S ARE TO BE FUNDED BUT HE TOLD YOU ALL OF THAT INCLUDING THAT PEOPLE WERE BEING CALLED INTO THE BANKS.
      
ALREADY BLESSED wrote AT THIS TIME....WE HAVE NOT HEARD THAT SKR'S HAVE BEEN FUNDED....WE ARE ALL WAITING....JUST LIKE YOU! HAVE WE BEEN HERE BEFORE? YES BUT IT DOES SOUND BETTER THAN EVER BEFORE WITH ALL THE SUPPORT INFO THAT HAS BEEN COMING IN AS WELL.

Cowboy Pastors earlier post - SAT July 25, 2015 at 9:34am FROM 9:45 PM PDT LAST NIGHT RayRen drove to Charlotte (WFB SE Hdqtrs) anticipating something happening tonight/tomorrow. He is doing OMC from a hotel room in Charlotte.  He is saying SKR holders expecting to see funds in their accounts tomorrow.

[7/24/2015 9:47:01 PM] RR says WFB people are excited, rates on screen, they think they will be busy tomorrow. ------------------------------------------------------------- 
RR: "Waiting on the word" He says bank people were called into work early  He is clearly anticipating the possibility of an exchange based on (1) info that SKRs are being funded this am, (2) info that bank personnel were called in early. He said he is waiting for a phone call. He also said that known SKR holders have promised to call him to confirm that SKR funds are showing in their accounts. That may be the phone call he is waiting for.

DINAR IRAQ & DONG VIETNAM UPDATE, 26 JULY

Dinar Iraq and Dong Vietnam :FIRST READING OF THE FEDERAL REVENUE LAW PASSED. HERE’S A PARAGRAPH FROM THE LAW AS POSTED AT THE PARLIAMENT SITE:
“Article-9 Federal realized Alerardat issued from the following: First -mbaat oil and gas and other mineral resources belonging to the state and revenue resulting from oil and gas contracts from national and foreign companies and investment contracts and indirect taxes Alambeshro. Second-grants and international aid. Third-federally aggregated revenues, or for the benefit of the Federal Government from the region and governorates not organized in a region.”
ANYONE WHO SAID THIS IS SOLELY ABOUT TAXES IS WRONG.
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Bremer) was head of the Iraqi coalition authority when it abolished the Iraqi currency at the end of 2003 to find work reduces the presence of zeros, because the Iraqi economy exceeds traditional inflation stages until came to the brink of collapse, this is one of the means at hand to address the weak value of the Iraqi dinar, according to the monetary and banking law, must return to the high value a strong factor in restoring confidence in the national currency, delete the three zeros from the currency now put parts of metal and paper dinars, of which (5, 10, 25, 50, 100, 250 and 500) Fils. That will bring the following benefits:
1. ease of circulation and visibility and knowledge of monetary value easily even for foreign Assistant to purchase, handle its corresponding confidence raises the monetary value against other currencies.
2. perishable paper damage, however the coin resists trading and therefore be manufactured again.
3. reduce the cost of printing the printed (25) to replace the dinar (25000) currency is easier and the quality will be high.
4. strengthening and improvement of the fabric by adding elements of world currencies that resists the elements such as water, resist fragmentation and atomization.
5. reduce the cost of storage in banks, we need less safe and less effort and fewer personnel whenever control and high security.
6. easily transported long distances and easily provide high safety rate them.
7. strong currency contributes to the strengthening of the national economy.
8. provides the speed and accuracy in accounting.
9. give personnel greater self-confidence.
10. a potential error in the calculation of its simplicity and clarity.
11. This will restore the confidence of banks and increasing trade.
12. also expand monetary value against the US dollar, and Euro.
13. the specifications printed make them difficult to counterfeit.
There are many States which had embarked on this procedure, including Turkey even abolished the term million to replace the thousand, whereas the withdrawal of the old currency with a new currency and the ceiling of the old handle off of the standard months, in light of the Government’s failure to put banks in dealing to vanish during the specified period..
* Fahd ANTAR dokhi Iraqi economists society member
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