Thursday, November 5, 2015

The currency markets are waiting to see if yen joins the SDR basket, 5 NOV

The currency markets are waiting to see if yen joins the SDR basket
Thu, November 5, 2015, 10:12 GMT | FXstreet

FXstreet (Bombay) - The International Monetary Fund (IMF) policy makers will meet in November to review whether or not to include the Chinese yuan in the basket of reserve currencies of the Fund.
The Chinese government has been pushing hard to secure a place for the yuan in the basket of Special Drawing Rights to increase the overall acceptability of the yuan so that more and more countries yuan to add reserves.


** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
Wednesday Night CC Notes 11-04-2015
Family last night if you were with us, Aggiedad gave you some information, basically one point, then I came in and gave you a few more ideas and I asked you to be with us tonight because I wanted to talk with you a little more than normal, maybe an hour.
I’ve been doing this for about 5 weeks now. I should call it “What’s in the News”…..I bring you a variety of newspapers to show you that the media is becoming more friendly to our study of the Iraqi currency….what IMO is closer to the truth.
One newspaper reported a Russian jet being shot down, if so let us pray for the families of those in that airplane.
Last year we told you that the price of oil was purposely brought down….when it should be going up.
We told you it was a form of pressure…pressure for what was to come in March of this year….the reason why the powers to be made some moves to put pressure on Iraq but they didn’t work….because in March, those powers told the IMF, who gives the central banks permission to do things with their currency….
they gave the CBI permission to change their currency rate….finally….two years prior they had lifted Chapter 7 sanctions….they were ready…..pressure was put on them by reducing the price of oil…
but this didn’t bother them too much because they are one of the most richest countries on the planet….the richness is material…these material assets are what back their currency….
you see they could come out at $20 to $1 and they won’t be affected…..well they would be affected mathematically….but yes they could do that…..yes in March they got permission…..
but this year…the same thing….Abadi and Shabibi are one with the Holy Man Sistani…..right around the first of August things started…..we went into Iraq as the International Coalition started to kick butt…..everyone ran, even Maliki….Obama ran….a powerful statement.
I’m going to prove this to you tonight….where is the President of the US…..where is he?
So this year there is harmony, there is agreement, there is SECURITY….that is allowing everyone to work in the direction they need…for schools, roadways, airports, monetary reform systems, education, infrastructure reforms….because they had to get laws done and they did…..
they use tactics today against their former oil enemies….people like Saudi Arabia, even OPEC….who in the past wouldn’t help Iraq….but Iraq can do whatever they want when they lift their currency….they do this to hurt their oil competition…..it is called supply and demand….
yes prices will go up…..the WSJ says that gasoline could be even cheaper…..of course because we have to cut out the competition….the ones who want to take the prettiest girl, Iraq, to the prom…many have been lining up to kiss her….they know what she is about to become….she is so powerful.
I’ll talk a bit more on this if I don’t run out of time.
WSJ…. (wall street journal) the US cuts Iraq’s cash on Iran…that is true…but they told you they did it because of ISIS….that is ancient news….that is enough of what is in the news right….now there are key words you need to pay attention to.
WSJ from today….we made deals with Iran, Russia, China….who is missing…Vietnam….the WSJ says today, China lowers its EXPECTATION….yes because Iraq is EXPECTING something soon….so no more USD into Iraq…..
this started though back in August, very important to know that…..told this to you yesterday but will be telling the newbies today…..my teams back in the first week of August I started to communicate with them in August on the bottom of my posts in white….you can’t see this unless you highlight it…..
we started to go to banks during the first week of August to take out $10k USD in cash…..we could do this right now….but in early August it started to take 1-3 days to get that much money out…
then they started to give us the run around about the middle of August and we tried to confirm why they could not give it to us…..we smelled something….we smelled the MR…..it is alive…..kickstarted now….
they were going to do this in March…but they didn’t do it because of lack of stability….then by July again Shabibi says no…look at security….so they didn’t do it…..now….look to early October….the Unity Card…..the amendments of the laws….removal of terrorism….the removal of bad cabinet members….they did it all,
now we are in November which will show a plethora of information….
what they said yesterday we confirmed that three months ago….their intent was to remove the US by 1/1/2016…..it took us about a month and four banks to get $10k….now yes the USD was stopped back in August not yesterday….it is back in Iraq…the USD….flowing at a new dimension and speed….
we brought the USD to Iraq in 2003…then supplied like a billion USD each month to run their government….up until the next week when they vote on their first budget…just like the US has it’s first budget….not coincidences….but markers…this is how you study currency and reforms.
We shoved the USD down their throats for over 10 years it was to entrap them……if my wife were in a room of 20 and 30 year olds…I’m not going into the other room…but will sit next to her proudly…..just as with the US….sitting down next to their girl…..taking care of her….no one else has done this….
yes we backed ourselves into a corner….we trained ISIS and that created a wild whirlwind…..yes the USD is back today though….a completely different venue…different way….NOW….through a different way channeled for a different purpose not to pay your bills but for us to make money.
They stopped sending USD in August was not to deal with ISIS….it was because the Iraqi’s horded the USD….it did have to do with ISIS yes…and also the CBI auctions….
Maliki set up many networks within the GOI and the CBI that was so deep and complex that took many three initial groups to help understand what he had done…..this was stopped once it was understood….
his goons were every where…..they had no choice because they were under the domain of an evil tyrant….hypnotized to do evil for him….first to the GOI then to the CBI…..by the snap of his finger he made things happen….the Toyota trucks is but one example…..the mafia has nothing on Maliki….he is in a underclass of his own.
I have much to say….so hang in with me.
You should be reading about 3 and 4.
I made a mistake yesterday saying that Reuters was hired by CBI…but that was wrong….the USA hired Ernst and Young to monitor what was going on in the CBI to prevent Maliki from channeling money to so many parts of the world.
Dr. Shabibi and Abadi got to work just after July when we came back…an omninous force….akin to the Japanese army…..they take ninja to the nth degree…..they are powerful….they can remove ¾’s of the worlds population…..by Sept you see so many things being accomplished by Abadi and Shabibi.
Yesterday Abadi said we are 100% secure here in our country…..so was his attitude towards reporters yesterday…they are on the offensive….not the defense.
On Oct 3, Jack Lew met with the IMF about how much was being channeled….they cut the head off the snake, Maliki….but the snake can still bite….
Maliki’s corruption and people are now gone….
DAWA party gone or worthless….
Maliki’s money gone…
the goons, the people are all gone….
they are being replaced….but now the spider webs…the snake’s head is still causing troubles though….money is still going to places in the world where it does not belong….but it is coming to an end…..the investigations are happening….a large network….spider webs into may countries…cyber warfare.
One of these days on a long walk on a beach in Hawaii I will answer questions.
When Lew met with the IMF they said the CBI said their auctions were in trouble…they needed to cut three clearing houses….the arteries that lead to the veins…..as soon as they cut these the flow of money to Maliki started to crumble….so right around Sept articles were saying auctions were very slow and low in volume….because of this action…..all verifiable facts.
The USD at that time was not going into other ME countries so they would grow up and use their own currency….it is working.
We still have quite a bit at the CBI…..Shabibi is talking more now….it means that Maliki is closer to be being gone….before Shabibi wouldn’t talk about Maliki….but recently he has.
Iraq stops the USD and many other foreign currencies to remove corruption both about DAASH…but also about Maliki and his Iranian brothers.
For 2 years things went to ** in Iraq after Obama took us out….he did not care for American citizens….think of Obamacare….then this…..this network that was sending money to other parts of the world….these places were parasites to Iraq….only feeding from Iraq never giving back…..thanks to Maliki….thanks to Obama because he didn’t care…..sort of like what Kuwait did when Saddam invaded….but we did help 10 years later…..buddies can become parasites and parasites can become buddies….as we’ve witnessed.
As far as Maliki…..someone found where Maliki is in the hospital….let’s be serious about him now….Maliki truly IMO may end of dying from diabetes……as much as we the US want him gone….we can’t afford to touch him…..we were embarrassed by putting in Saddam then hanging him….and now again….we can’t touch Maliki so that Iraq can get rid of him….
will he make it to a noose….will his health hold out…..he doesn’t eat good….so each month he needs medical treatment….a pattern at the end of the month where he runs to a hospital….maybe because of need for medical treatment….or because he has found a spider hole….
Saddam and many of his people hid….google camel spider to see what caves they can build…this is what Saddam hid in….Maliki has created his own spider hole with hospitals when they want to interrogate him….he feigns some illness and ends up in a hospital…..he is an amazing son of a gun…..he is a survivor….they are going to get him…but it WON’T be US….Iraq will get him.
I think we need to see the removal of the USD in Iraq….the removal of Maliki before we see the raising of the currency rate.
On the subject of Chalabi….he died of a heart attack at 71, yes he had issues before….yes he had files on Maliki corruption….he was the originator of these files…..but he was a bad guy too…way back when…..but it turns out he was also the guy who told the US where there were weapons of mass destruction….
turning his back against Saddam…..he became a friend of the US…..England PM agreed they could invade….and a month later we were there.
IMO….Chalabi was poisoned because he was the first to turn against the bad guys….we pray for his family….the autopsy will tell the truth because the media is now friendly.
At the same time Putin says….i don’t care of Assad stays or goes….because he knows Assad faces the rebels that fight him. One minute we are kissing the next minute we are fighting. Putin knows his army is not good…that ISIS could kick butt in his country….so he joins our coalition of forces….just like WWII.
Putin will not be a problem though….they should be watched but not a problem….because we own the swimming pool.
Seven months after the green light….here we are. In August we saw it difficult to get USD in Iraq….we knew the MR was back on track…..the USD is gone from all the ME countries….depegged from many…but this is good….going going gone…..November is a month of great EXPECTATIONS…..it is not the Great Gatsby.
So yesterday I gave something to Randy, to give you to and he did a wonderful job….let me review….
Abadi went to the masques on Sunday evening….he said I want to wish the VALUED citizens of Iraq a full life of SECURITY, STABILITY, PROSPERITY, without EXCEPTION on this Eid…..four key words that were talked about on team chat….words we’ve talked about for months…except for EXCEPTION…..
this man is on the launching pad of entering the international world with his government, with the CBI, the army, their assets, with everything…..I can’t confirm this….but an article came out today….a report about the Iraq’s prosperity index…..
Iraq improves in prosperity index…..a report from the GOI…probably from Abadi…..when have you ever heard of these combinations of keywords in a masque environment….let us confirm this more.
Now he must tell the international world. They only tell us what they want us to know….I’m excited for this news. Teams are guarding information they will not share right now….this is awesome.
Commander in Chief Abadi will become the Commander in Chief of the Armed Forces…..an article today….post 98…..the consensus of the political blogs together to vote on the budget, the oil and gas law together….but for what reason…..this is all together in the budget for next year…..why….to arm army….
they have 100% security…now funds to pay the army into next year….the info is coming so fast, it is difficult to keep up with on a daily basis…..the main reason for the budget is to arm the army….no wonder they want to call Abadi CofC of the Armed Forces….this is good.
There are many changes in Iraq….SECURITY, STABILITY, but no PROSPERITY at 1166….but Abadi gave a private message to the citizens….the same as LaGarde gave to more than seven.
The USD is back in Iraq, not to pay their bills….but to make money.
Delta wants to you to know…..he says Frank yesterday, around 7 am he was watching Fox news talking about UST pulling the USD out of Iraq….what I want to tell you Frank is…..I wrote it down…..I wanted to make sure what this man said….former secretary of state….
he says this is something we’ve been trying to accomplish…taking the USD out of Iraq so the Iraqi citizens stop using it…..there are many foreign markets that want to help them grow economically….give his guy a cookie….who said that.
Something else back in August started to happen…..the Soup Guy on Cramer…..right after July….toward the end of August….can we have 5 trillion dollars…..the IMF says no…that is when the loans began to stop….same time the USD stopped….everyone was noticing the pretty girl sitting next to us.
They met Sept 1 deadlines….I’m impressed….so who knows by December….do you know why they wanted the 5 trillion dollars…to make loans to the Iraqi citizens…..’
I think they will be ready by December to make their own loans to the citizens because of a rate change….you can multiply the 000’s into lower denoms which will give them much liquidity…..yes I think this could happen….
they have done so many things….Parliament was getting 77 billion per month to pay the ministers….so Abadi during the past three months and took the salaries down to 8 billion per month….
the ministers complained…..but he told them who to complain to….the USA…but no one complained to them….we controlled the USD, then took it away…now replaced it in a different way…..
we now see Abadi moving in good directions…..replacing 77 billion with 8 billion….almost a 1 to 1….who noticed that…..yesterday I said 1 to 1….then controlled free float for a year then to rise to around 4.05 to 4.20….but what do I know.
I will start to finish, and offer more for tomorrow….the USA is doing all of this….we started doing this last summer…..USD pulled NOW because of timing…wink wink….we are the ones in charge….we pull out the USD….to get peanuts at 1166…..
America is not that stupid….planned far in advance….10 years…..everyone thought that Iraq was committing suicide…but we control their progress….we controlled it in March….we controlled it in July….security was needed….we told Obama….get the ** out of the way…. boy I hope you heard that….
the moment we saw security…..everything fell into place…..22 countries with 590 companies did not walk into a war torn country where they feared for their lives….they walked into the FUTURE….where 1166 has nothing to do with their future.
The distribution to the banks of Iraq that are necessary for the monetary reform are in order, there will be 5 trillion that will be done with these banks….they are the target for November…we are very close.
Last Monday….I said….IMO…..watch Obama go to the Middle East….I said maybe watch Mrs. O…..go to Qatar for humanitarian reasons….two days later you know what was seen…..’
now I tell you….I get a report of other websites…it is almost as they take word for word….treated without respect at other sites…even asking…what is an aggiedad….
IMO…..tomorrow on the 5th…..the IMF will have a meeting with Iraq about this loan….we can do it now because our USD is being channeled for different purposes….they will meet in Amman Jordon…..Mrs. O is in Qatar….I want you to know IMO….Mrs. O is not in Qatar….she is in Amman Jordon….how ironic….what does this mean….this is where I ask you….”where is your President right now?”…..Can Iraq be weaned off our money.
Another book was written today. Cool about Paul Ryan….he wasn’t even voted in….and you think you will vote in your President next year.
Last thing in honor of Canadian brother, Alan…Moneytalk1…..he wants me to tell you something…..’
if you are looking at Livestream this makes sense…..my right hand is open…my left hand is open…both are reaching out to one another to hold on to each other…..the last Apollo space craft mission to meet up with a Russian space craft…..when the door was opened between the two…a hand was seen from both sides reaching to the other….an illustration to show you that the USD is reaching out to the IQD to reach a 1 to 1 relationship….
if you are student of the currency…..look at March the USD was at its all time high…then the IMF gave Shabibi the green light…again in July….no security…then Oct….November now….all this information will pour forth….now that Obama has signed a budget the USD is again climbing….
no one notices…..too busy with work…..the USD closed today over 98…..our economy sucks….we aren’t at 98….but we are…..but the IQD at 1166 has a lower buy/see rate of 1120 on XE….is the IQD then reaching towards the USD…yes justinanddeb you are right.
Still so much to tell you. Here is another article….the first lady gets a warm welcome from the US troops in Qatar at the air force base…but IMO…she is in Amman Jordon….where there is a powerful meeting between Iraq and the IMF to seed all the banks to provide loans to the citizens….IMO it should be Mr. President.
Dismissed with a prayer.

MNT. GOAT UPDATE: "It’s All About Preventing Terrorism" , 5 NOV

Hello Everyone.
It is November already and winter is not far and I can see snow already in the higher peaks of the Alps. Our family now looks forward to the holiday season. It won’t be long before ski season is upon us and the winter tourism.
Many don’t know that we too in Germany celebrate a day of Thanksgiving. Many say there is no Thanksgiving in Germany like Americans celebrate, but Germany does have Erntedankfest. This is a traditional celebration after the harvest in the autumn. We all give thanks to the Lord for the good harvest.
If you truly look at the roots of each country’s celebrations you do find similarities. Sure Germans do not have the pilgrims on Plymouth rock landing, eating diner with the Indians  and all that stuff. But both countries are about giving thanks for their abundance. Both have roots about the past harvest and being able to survive yet another winter because only God allows it through the food of the harvest.
So in reality it is all very similar. Both are about giving thanks for the many blessings of the past and present. In Germany, if you are listening to older generation, they talk much about the days of WWII and how blessed that Germany is over that period and to have survived with abundance and such a robust economy.
But this abundance we celebrate this Thanksgiving did not all just happen. We must all remember that. This is a lesson that terrorist too should learn from the developed countries,  instead of fighting and killing us.  True wealth and abundance does not come from stealing and raping a country, any country. This kind of wealth is temporary as in history we have seen this proven over and over again.  Abundance instead comes from the hard work and labor of citizens and the flow of money in a democratic society governed for the people by the people. Sure there will always be the very wealthy and they will always be the entrepreneurs of society providing the capital for investments thus having more power and control than most want. But a true democracy lets them survive as long as they are under control through a series of enforced laws and check and balances. Everyone must be accountable for their actions.
So to me during this Thanksgiving season this is what I am to celebrate most – the societies of developed and free countries and all the abundance  that our hard labors brings. It can be a very nice world if we simply learn to share, govern ourselves and raise our families. It is not all about high technology or power or even gaining enormous wealth. It is to me all about just celebrating life with family and friends one day at a time. If these new terrorist truely want an ” Islamic State” then  build one with honestly and hard work like the rest of us.
Many of you dinarians read about the terrorism and ask – How can these people be so brutal and heartless?
To answer this question you only need to look at yourselves and look deep to how you approach this investment intel. Someday you will see too how you have been brainwashed so easily by these so called intel “gurus” for your thinking of the truth in this dinar holder investment. So are these young people taken in by these terrorist. I do not believe for one second that anyone (mentally stable) in their hearts truly wants to kill another human being out of self defense (and even then with regrets).
Many truly have been told what they do is good and will reward them. Simply put they are brainwashed.
(Dinar Recaps Note: We apologize for posting the below parts.  It is from Mnt Goat, and NOT Dinar Recaps and is not our opinion.)
This is just  like many of you dinarians who believing in all this RV nonsense each week. It is so different. Is there not some brainwashing being done? What is the reason? Is brainwashing and the tactics being used on you to make you believe an RV is so eminent any different? In fact they are the same. Believe me I know.
You too like these young people in these terrorist organizations have been told certain things so many times over and over and over again that you believe them now as fact. The perfect example is this ridiculous GCR stuff. Do I need to elaborate on this stupid GCR stuff?  Maybe I will soon do an entire news letter dedicated to the GCR foolishness.  I have explained it all out to you many times, yet as brainwashed people, you always react your ignorant brainwashed ideas of  the truth as good little sheep will do in following their  “guru”.  It is very sad to see.
Yes – these “gurus”  give you tiny threads of truth to make the intel credible and you gobble it up like candy. They talk sweet to you and giggle and laugh so nice on the calls. But the real truth is many of you are just as venerable like these young terrorist and that you hate so much. You too give in to this brainwashing.
You have been told over and over again that this intel you are getting is rubbish and to ignore it, but like these young people joining terrorist organizations, you think perhaps it will be sweeter on the other side. Then each week the disappointment comes, week after week after week. Yet you preserver again thinking perhaps the next week will be different. After all you think the RV must happen sometime, doesn’t it?
Then the brainwashing begins again that week for another weekend of hopium. Like terrorist you follow blindly hoping for the next fix of hopium candy. It is very sad to see. We see the hurt and pain too. I get hundreds of emails and questions. The same stuff over and over again. Seems very few learn.
Many of you lost reserves too over this nonsense. Think of why you truly went out and purchased these reserves. Was it because you heard on a conference call it was going to RV very soon. Then you thought to yourself surely it will RV before my reserves are paid in full. I can afford the first couple payments.
The other scenario too is now that many of the reserves were never backed by actual currency they do not exist and you may never recover your actual currency to be able to exchange it later. You simply lost thousands of hard earned money. WHY, WHY WHY! – BRAINWASHING that’s how. Simply put the person being brainwashed does not know they are being brainwashed for it they new then surely they would not be brainwashed and act differently.
The bottom line is this – if it seems to good to be true – it usually isn’t.
I read these forums. I see people post these utterly stupid rumors and then call them just rumors but post them anyhow. Why? Why bother? They are just rumors. You yourself just admitted it.
Do you post them because you think others might think perhaps there might be some truth in them? You hope for an opinion? Do you do this because you are not in fact sure of the truth? Don’t you know any better by now? Are you really that stupid? Do you need  an opinion? What about your own opinion?
Oh – but do you see now the brainwashing, how it even effects your sense of judgment and ability to reason. In reality you can’t even now decide between reality and fiction.
So why even pass on these rumors? What’s the point? Do you want to begin yet another flurry of confusion and wasted conversation over something that someone just made up out of thin air and posted it. I can tell you whole heartedly that the some person is also reading all the senseless chatter over this rumor and laughing like crazy at you fools that do it.
Instead you should tell yourself you can’t be bothered reading these rumors. Instead spend your time reading truthful articles. You either can’t read or can’t be bothered since it makes too much sense and you can’t get your fix of hopium over the truth. Am I correct?
So next time instead of spreading these foolish rumors instead ignore them, don’t continue to post them like spreading viruses. Better spend your time reading the articles and un-brainwashing yourself back to reality. Someday I can welcome you back to reality!
So this past week there was much news again. Yet more news of the long awaited laws dealing with implementing the Abadi reforms.   I have talked about these laws and why they were important prior to any RV. Now we have a few of them remaining and we find a deadline of Dec 1st to complete.
The HUGE news, the hot off the press news now is all about doing something with the Iraqi currency. This is all good and what we need to be hearing. We need to hear it because we all should know by now they NEED to get off the post war, UN sanctioned, provisional currency and go international. Iraq needs to get fully out of Chapter VII sanctions and article 8 provisions shutting down their currency from the international trading is the only thing left. This the tricky part about sorting through all this intel. Does it lead us to this objective or is it just Iraq trying to keep their heads above water.
So what is the hesitation? Why won’t they do it?  We all know the answer to these questions as I have explained it a zillion times already to you.
It is all about TERRORISM in Iraq. In the past the concern was more about the Iranian influence and funding of the Qud militia groups in Iraq. This all was just recently exposed as many the did not truly know the extent of this funding and just how much corruption in Iraq has squandered Iraq wealth. We all know this wealth could have rebuild the entire war torn country twice over already, yet it remains still mostly in ruins.
Now with the Syrian conflict and the new threat of ISIS and DAASH this funding of terrorism has moved to yet a new level. It is now outside the boarders of Iraq. It is more dangerous than ever. With this spreading of terrorism they can not afford to have Iraqi’s currency used as a funding agent,  not for ISIS, DAASH or for Iranian Qud militias. This is now the main focal point, the object of what to do with the Iraq currency.  It is a dilemma – damned if they do and damned if they don’t. So let me explain.
Damned if they do – allowing the continue money laundering to fund terrorism will only expand terrorism throughout the middle east and maybe someday too back into Iraq, if they could ever even get rid of it.
Damded if they don’t – simply put, we all should know by now that going international with the IQD is the planned end result of all these Abadi reforms and Reconciliation / Unity reforms. But is doing so they must situate laws in place but more importantly implement and enforce these laws to actually PREVENT the funding to these terrorist groups or else they will only encourage more of the same funding going on in the past and still prevails. The passing of laws are one thing but they need to fulfill their purpose –that of PREVENTION and it needs to be LONG TERM PERMANENT solutions not temporary.
So we now see all this recent flurry of articles coming out about what to do with their currency and how it is being used for this terrorist funding.  Pay attention to these articles!
Remember when we see article on the same topic two or more times in close proximity it is very, very  important and they are contemplating on doing something soon. Sometimes it not so much about the details of the article but the number of the articles themselves addressing the same issue. So what is the issue then? That is the important part to listen to. That is what we should be tracking. This is true intel…lol…lol…
What the end result with the IQD is inevitable but will they go international and re-price sooner than later. This  is our million dollar question (literally a million dollar question…lol….lol….)
Today’s News
Today is Thursday November 5th  and still no RV. Are you surprised? There is once again nonsense talk of an RV this weekend. You shouldn’t be surprised that this will not occur if you have been reading my news letters.
So many of you gullible people will once again be watching and waiting over this coming weekend for what? An  RV? Really?  Why?
Folks all I can say to all of you crazy people who truly believe in these idiots who are telling you the IQD is going to RV anytime prior to late December/early January timeframe are nuts and you are listening to misinformation and the wrong people. They have been saying this to you now for over 4 years and still you fall for this crap each time. When will you learn?
Please stay off this RV roller coaster. Stay way from this stuff and anyone and any conference call that gets you on it. It is your choice.
On with today’s wonderful news and reality.
Update: On Abadi’s Reforms
I included this article below today because it has a couple golden nuggets. It is telling us more about these investment laws. We all know that the “investment law” is passed and ratified already by president Masum.
This article today is telling us now there are other laws to coincide with the Investment law. The are calling this a “package” of laws. But they also tell us these laws have already been implemented but unsuccessfully. They now want to find a way to make them successful and still see the need to do so. They still see the opportunity to take advantage of all the effort in setting up these programs.
I quote from the article below – “on their way toward passing a package of important laws on the protection of the national industry and consumer protection and activating the customs tariff and projects related to sovereign funds,”
Does it say activating the tariffs? Does it say activating the sovereign funds? Again?
We know that they have tried these projects already in the past and we know that both implementations failed because Iraq does not yet have an international currency. I wrote about this and why it is important to go international first with their currency to fully realize any success in these projects. If you haven’t read them please go back and read my past news letters. This is all just a continuing saga and you must keep up with my weekly news letter to continue on this journey to the RV.
Now they are going to try to activate these projects again…and soon?  Can they work this time? Will they RV first? Their words not mine. NO Hype, No Rumors, just the FACTS. Read it for yourselves.
Article Begins
Special – scales News
Stressed the economic and investment commission in Parliament member Abdul-Karim al-Naqib, on Wednesday, he Snmrr a number of important economic laws in the coming period, among the purpose of the laws is to protect the national industry in the country.
Captain’s / scales News /, we are “on their way toward passing a package of important laws on the protection of the national industry and consumer protection and activating the customs tariff and projects related to sovereign funds,” noting that “these laws are in the process of research, preparation and will be future projects to support the economy and investment in Iraq.”
He noted a member of the economic and investment commission in Parliament, to the “pass the investment law after ratification by the Presidency of the Republic will contribute to the development of the private sector in all fields, whether in industry, agriculture, housing and the area of other services,” stressing at the same time that the law “will provide extensive facilities in mechanism financing and lending to the private sector.”
The “economic expert on behalf of Jamil Antoine confirmed L / scales News /, earlier, that the advancement of the economic reality of the country need laws that began previously not been implemented so far, implementation, indicating that the customs tariff and the protection of the national product, consumer protection and the prevention of dumping were not implemented laws Although desperately needed to solve a lot of economic problems that plagued Iraq “.
Article Ends
Next I want to bring you an article that is also very important to discuss now. There were in fact many articles on this topic this week. Many of them were from Iraqi economists and financial experts giving their opinions and excitement.
But this one below is from the Abadi advisor who has listened to all the debates from the advisors and experts and came up with a conclusion to advise the prime minister Abadi with a course of action. This why it is so important.
The title of the article is deceiving since the topic is more about how to control the currency value than implementing the new salary pay scale. So what then is  the primary concern? It is now all about finding ways to fund  $$$ the gaps in the 2016 budget deficit. This is it plain and simple.
However they are saying that Iraq does not have to implement the new pay scales which lowers everyone’s salaries and perks and they can still fill much of the deficit gap. How? Instead they can FLOAT their currency.
I quote from the article – “noting that” the decline of the Iraqi dinar exchange rate will allow the government an important part of the dollar in the treasury, especially since the proposed scheme provides for the possibility of a strong dollar because of the float to more than 1,500 dinars, instead of (1180) dinars to the dollar” .
Again I quote – “” this measure is expected to provide the Treasury about 3 trillion dinars per year (about 3-6 billion dollars), which makes up what has been reliable of financial abundance”.
BUT HERE IS THE IMPORTANT PART of this article FOR ALL YOU DINARIANS – again most are not reading all these recent articles correctly. You have once again put on your RV goggles.  You are looking for any minor thread of evidence to spark an idea that they are planning to RV.
In this regard re-read the article below carefully. Does it once say going “international”?
They now have a fixed currency already. They already tried floating their currency and put it back on a fix. They have done this many times already…remember?
The problem is they are still technically in sanctions from Article 8 of the UN war sanctions against Iraq. Here is the key in all this rumbling and chatter about these recent articles – Until they get their currency returned to them to the international/global arena they will remain in article 8, float or fixed it does not matter.
They need a “real” currency and not this play money. This article is just talking about this play money once again.
What we are looking for is for them to tell us they are launching the lower denominations notes, or  launching of the 50k / 100k notes or the continuing with the “project to delete the zeros” or the re-pricing the dinar against all international currencies and not just the US dollar.  Do you get it?
This article is just talking about playing around with the same old war currency (the 3 zero notes) and not the new international currency. So please forget all this hype, calm down and stay relaxed. But the article does have much significance nonetheless.
Are they planning to go international?  Yes – but this article is not about this plan. There is not even a tiny bit of evidence in this article to suggest to anyone that they are about to go international.
I will say I like this article however, because once again they are telling us the problem with the deficit and all these other programs they recently launched to raise funds to try to resolve it. But the bottom line is they still have to do something with the currency first and they must realize eventually it is going international. That  is the solution and not these temporary stop gap measures to continue in article 8 of the sanctions with this play money. But how do they get out of these currency sanctions?
I have said this over 4 years ago and I quote myself again- “the longer the baby sucks on the mother’s tit, the harder it is to get the baby on real foods”.
Go back are re-read my news letters from the 2012 timeframe. (Sorry, Dinar Recaps does not have her posts categorized that far back.)
This is why the USA and UN have met with Iraq and developed a comprehensive plan last June to get the reforms needed including critical areas first (the low hanging fruits). This is weaning the baby off the tit.
We all know about these low hanging fruits and I will not review them again now. They are the easier areas to fix such as salary adjustments, reorganizing the ministries, streamline govt, and provide safeguards for investors. All these reforms are not yet completed. Notice they saved the Accountability and Justice and Amnesty, and the Federation Council laws, bringing to trail Maliki and his goons for last. Why?
Because these are not so low hanging fruits. These are much more sensitive and must be delicately handled. They also had dependencies in some of the other reforms they have already completed. Once these are done the baby can begin eating real solid food thus the RV. Get it?
So now we wait and watch for them to complete these needed areas of reforms and look forward to the Reconciliation Conference (Unity Conference) in mid December. Remember Iraq also has to fully implement their constitution too. This means the full implementation of the Federation Council. This provincial representation the council brings (like senate) is also a large part of the reconciliation mandate and the need this.
So if we see all these events play out then we legitimately have a solid reason to get excited and begin talking exchange procedures. Up to now this is all premature and nonsense.
The plan for Iraq now is to be all completed by Dec 1st. I guarantee you (mark this down that Mnt Goat is telling you now) that if Dec 1st comes around and they are done with these items they then will then begin to announce the launching of these other projects on or around this timeframe. So what are these projects?
So one again I am saying LOOK for these projects to include:
-launching of the lower denominations and coins
-launching of the 50k an 100k notes
-restarting of the “project to delete the zeros”
-words like “significantly re-pricing” their currency in articles
-words like going “international”
Article Begins
BAGHDAD / News Network Iraq Advisory Group recommended to the prime minister of reneging on new salary scale in order to avoid further congestion in Alstreet.khv that a senior government source said: “The recommendations stated on several alternatives to make up for the deficit in the financial budget instead of the new peace, most notably float currency for the high price of the dollar against the Iraqi dinar, “noting that” the decline of the Iraqi dinar exchange rate will allow the government an important part of the dollar in the treasury, especially since the proposed scheme provides for the possibility of a strong dollar because of the float to more than 1,500 dinars, instead of (1180) dinars to the dollar.
“He added that” this measure is expected to provide the Treasury about 3 trillion dinars per year, which makes up what has been reliable of financial abundance because of reduced allocations several ministries, which sparked protests and popular discontent overwhelming “.sv also the source for the “Undo advisers Abadi for him the new salary, after he had recommended issuing lingered apply, or undo it once and for all, as opposed to float the currency,” .otaoam currency is a system of “free exchange rate”, ie the central bank to determine the dollar exchange rate in accordance with the directions demand and supply, ie, if demand for the dollar in the foreign exchange market has increased (dollar market), the dollar exchange rate tends to rise, and if the demand for the dollar has fallen, the dismissal rate tends toward Alankhvad.oumany so that the dollar exchange rate will be subject to waves of demand and supply them, so it was on this system to float the currency “Floating”, leaving any floating currency value rise and fall with demand and supply waves.
Article Ends
Next I am presenting the article below to you today to reinforce to you that Iraq still has a problem with money laundering (referenced as “very week currency conversions procedures” in the article) and funding terrorists.
We have seen ISIS / DAASH move into a region. Then raid the banks, steal jewelry, oil, weapons, ammo, and anything of value to fund their efforts. We have seen Iraq govt cut off salary and pensions from these regions due to ISIS (cause they would only steal it from them anyhow to fund terrorism). So in many articles over the last 6 months we kept reading about this. This is still a major problem and has not gone away.
So now with the currency exchanges itself we see funding indirectly through Iranian banks. I have told you this many times that the IMF and the USA will not let Iraq out of currency sanctions until they can manage the currency they now have, the provisional currency.
They need to fill the gaps in the prevention of money laundering. This is an IMF mandate. They recently passed the anti-money laundering and terrorists act. Why? under pressure from the IMF and they did it in record time. Why? Cause they knew this was so immediately imperative and they knew they were losing billions that could be going toward the gaps in their budget. Finally Iraq has seen the light as to where in hell all their wealth is going.
So the funneling of dollars especially from the money auctions conversions (dinar to dollars) to the Iran and proof that they are using the money to fund terrorists. Folks it is all about terrorism. Eventually Iraq is going to have all the necessary reforms completed and then what? Will they be controlling the terrorism?  This means preventing Iraqi funds from getting into their hands. This alone will prevent the planned RV window for late Dec/early Jan. Can they clean this up in time?
Imagine if Iraq was to go international with a rate of $3.41 and they did not prevent all this money laundering and funding for terrorism. It would literally create havoc in Iraq and the entire Middle East. Can you see it?
So Iraq must first prove to the IMF and the USA that they can prevent this funding of terrorism prior to any RV. This is all part of the “currency reforms”. It is extremely important prior to any RV. Can you see once again how they can not possibly RV this coming weekend as some so called intel “gurus” are telling you….just rediculous….lol…lol….
Sorry the article below did not come out very good from the translator. I have attempted to explain it to you above. But it is proof of what I am saying and hearing from the IMF itself.
Article Begins
ong-Presse / Baghdad
I went back a member of the financial committee in Parliament, on Thursday, that government control over currency conversions procedures “still very weak”, while invited to monitor more effectively to the work of banking companies in order to preserve the national economy and prevent the financing of “terrorists”, was not surprised by the United States that monitors transfers.
Said Najiba Najib, in an interview to the (long-Presse), said that “the Iraqi Central Bank to prevent dealing with some banking companies for violating his instructions”, usually that “the Iraqi government’s control over the movement of funds is very weak for not adopting corporate governance.”
Najib said, that “state control over currency conversions procedures, whether internal or external, are still weak,” noting that “Iraq if it has a strong and well-developed banking system, easily able to control such transfers.”
She explained a member of the Parliamentary Finance Committee, that there are “internationalist decision to prevent the financing of terrorist groups in Iraq,” indicating that “the presence of security and political agreements and economic between the United States and Iraq, enabled her to get a proof evidence on the existence of suspicion of funneling money to terrorist groups, especially that of globalization and development Technical allows for the possibility that Washington “.
According to Najib, that “the government suspended the salaries of staff in areas under the control of Daash, to the presence of international and American information confirming that some of them go to finance Daash,” pointing out that “Transparency International confirmed the existence of money laundering crimes in Iraq, estimated at nearly took the signed international list black, not for money laundering legislation law. ”
She called a member of the parliamentary finance committee, the government and the concerned authorities, to “monitor banking transactions in order to preserve the national economy and prevent the financing of terrorists.”
The Wall Street Journal, the economic American, confirmed, (third from November current 2015), that the United States is concerned about the possibility of leakage of millions of dollars of the money that you send to Iraq, to the views of “a hostile, especially organizing Daash”, or “prohibited” under international sanctions such as Iran, while showed that Washington agreed with Baghdad on strengthening surveillance and control measures, especially on the currency auction, many banking offices that the accused had “suspicious links.”
The World Bank’s pressure forced the Iraqi government and parliament, in (Al19mn September 2015), to approve the legislation law “money laundering and combating the financing of terrorism”, days of the deadline to put on the “black list before.”
And washing or “bleaching” of funds, economic crime designed to legitimize illegal to taboo funds, for the purpose of acquisition, disposition or manage, save, or replace, or deposited or invested or transferred or moved or manipulated in value if they are obtained from a crime, such as those related to the production drug or traded, or stolen jewels, as well as kidnapping, terrorism, fraud and breach of trust, fraud, fraud and immorality, prostitution and trafficking of antiquities and smuggling crimes, felonies and misdemeanors harmful to state security on the one hand the outside and inside, and bribery, and embezzlement of public money and aggression, and treachery, and crimes of fraud, and other Business illegal.
Article Ends
About these Early Exchanges
I have recently had a very interesting conversation with someone who served in the service along side me. He is now working for the UST. What I am about to tell you is not rumor but FACTS. Like everything I say, you can chose to believe it or not. No brainwashing here. It is a long discussion but I thought I should bring it to you.
In my mind there is no dispute that early IQD exchanges have taken place. Usually the owner of the currency has their accounts frozen pending the revaluation. They can not do a damn thing with the money until that time. Many of us complain about this procedure. Anyone exchanging and being allowed to USE the funds for any purpose, even as security, collateral or spending cash is illegal and the bank management conducting these procedures will be prosecuted. Many have already but very quietly.
So in the past (and still ongoing) this is what happened as I am told. They are allowing these early exchanges to allow the UST to collect these dinars and begin slowly using them for oil purchases from Iraq. The USA is essentially brokering the oil to other countries with a mark-up to current market prices in comparison to the oil credit amount given. They are doing this because president Obama has decided to proceed with these prearranged oil contracts in spite of Iraq not being ready to revalue and go international. Like everything else when you have the power and control you do what you want. The USA is paying off the national debt slowly so as to hide it from the general public. They can not suddenly just infuse trillions into the payoff without raising issues to the general public as to where the money is coming from. This is all about politics as they are attempting to time this just right for the election year.
So if you were the government and you decided to do this then who would  you allow to exchange, knowing the currency was not yet global and legally on the exchanges? Would it be the toothless crack addicts or the very wealthy, perceived responsible parts of society? We all know the answer.
So all you people out there listen carefully. I am trying to make a point here.
Do you think the UST is reading all this nonsense and garbage on these forums about an RV every weekend?
So how do you think they categorize and perceive you and your “guru” group? Are you being brainwashed? Are you considered one of the toothless crack heads? Why?
Are they brainwashing you so you will be quite over these early exchanges? Is this the real reason for this brainwashing? By all this internet nonsense is this the real reason they are not letting YOU exchange early too?
They know they need the oil credits and I am told they would luv to have all the internet holders exchange now. But what good would it do since you could not spend the money anyhow until later. They can see this would only cause much anxiety and only would cause this exchange procedure to be made very public since now many toothless crack heads would now have proof of the illegal exchange procedures going on. They would then try to force the RV so they could spend the money they have in the bank. This would, of course, be contrary to the fight against terrorism now going in the middle east.
Just a lot of questions and so each and every one of you should dig down deep and tell yourselves why you have not been chosen for an early exchange.
By the way I am not sanctioning these early exchanges and do not agree with them taking place. I still believe that they are very illegal and anyone associate with them should be prosecuted. I believe this procedure should be notified to any news media channel that will cover the story to let the general public and Congress and the Senate know about this conspiracy and how they are doing his behind our backs. Yes I said conspiracy as this fully meets the definition. This entire mess should backfire on the current administration during this election year since who is above the law anyhow? Just because you have the power to create and enforce the laws should not put you above the law. After all we are talking about a democratic society…YES?  NO?
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All.



11-5-2015   Newshounds Guru Adam Montana
   [WITH ALL THE ME COUNTRY'S FALLING SHORT WITH THERE MONEY. AND THE IMF DROPPING SOME OF THERE RATING'S. HOW DOES THIS HELP IRAQ AND THE RV - RI?]  I'm not concerned with the other countries in the ME, and most likely we're just watching a natural adjustment in the balance of the world.  Iraq is Iraq, and they are capable of succeeding regardless of what other countries do...keep an eye on that HCL, I think good things are coming.
11-5-2015   Newshound Guru Millionday   THIS WAS PART OF A SPEECH BY CBI GOVERNOR:   "...the central bank a day in the initial exchange market (referring to the lack of a future market for the currency or market options) and expresses its readiness to secure the display of foreign currency (dollars) to cover the need for demand to ensure the strengthening of the national currency and gradually to maintain stability at the target in each stage or period of revaluation ranges."   HE IS ANNOUNCING THE READINESS TO ENSURE THE STRENGTHENING THE NATIONAL DINAR AND MAINTAIN STABILITY IN THE STAGE OF >>>REVALUATION WHOOOPOW.




The engagement ring .......... Has a wedding ring with it now. (See Article Below)

This is a ......... Commitment.

Step into my Parlor that is no longer ....... A spider Hole.
KTFA Frank


Walkingstick:  Parliamentary Finance: The government plans to borrow about $ 15 billion from international banks

Written by QS Date: 05/11/2015 14:23

Baghdad - INA / revealed a member of the Parliamentary Finance Committee, on Thursday, for the determination of the federal government to borrow about $ 15 billion from international banks to meet the projected shortfall in the general budget.

A member of the Finance Committee Masood Haider told the "Iraqi News Agency" that "the federal government It planned to borrow an amount of $ 14.5 billion from international banks or the World Bank to bridge the shortfall in the budget of 2016, "

and added that "the Legal Committee and the Presidency of the Council of Representatives has authorized the Finance Minister Hoshyar Zebari to this issue," noting that "the government will give guarantees for borrowing This amount does not affect the economic future of the country. "   Link


Walkingstick:  Following consultations between Iraqi experts and the World Bank .. stressful three reasons behind the adoption of the salary scale

Posted 04/11/2015 06:21 PM   BAGHDAD - Orient
reveal financial source of bright, that the three reasons behind the adoption of the salary scale controversial, including the pressure of the World Bank which stipulated that a clear reduction of government spending as well as the government seeks to avoid the removal of subsidies for fuel and lunch!

The source says, that this peace is among the deep financial reforms, which will be approved in the coming days, in a series of austerity measures pursued by the government of al-Abadi, the impact of lower oil prices and access to unprecedented levels in a decade package.

Explains the source, that the Iraqi government had made ​​earlier at the request of the World Bank for a soft loan, to overcome the financial crisis faced by the country, and actually sent the bank advisers to the State Audit, and evaluation of the financial situation, the Panel recommended that the Iraqi government make clear reforms on salaries that exceed 70% of the country's total revenue, and drain all the capabilities of the Malian government, as well as a forced exchange of personnel loss-making state-owned companies, a 72 belonging to the Ministry of Industry and Minerals said the company, as well as the lifting of government subsidies for food in the ration card items, and also the removal of subsidies on fuel prices and oil derivatives.

Shows the source, the government tried to avoid Abadi these steps initially, but the deterioration of the financial situation, and lower revenues paid recently to accept making the repairs, and so began the first procedure, a so-called new salary ladder. He points out that the World Bank responded after the announcement of the move and announced his intention to double the amount of the loan early 2016, Abadi if the government continued to make financial reforms.

The Iraqi Ministry of Finance announced on the first of July, that Iraq Siqtrd $ 2.3 billion from the World Bank in an effort to bridge the country's budget deficit and the expenses of the war against Daash.

The Finance Ministry said in a statement seen by (Orient), is due to the World Bank of Iraq provides a loan of $ 1.7 billion, of which US $ billion as financing development policy loan (DPL), and added that the World Bank will lend Iraq $ 350 million for restoration reconstruction and stability to the liberated areas of «Daash» and $ 350 million for the project through Umm Qasr - Basra south of the country.

For his part, he called the Integrity Commission, the parliamentary member Haidar Alfoada, the Iraqi government to reverse the decision handed new salary, which sparked controversy and objections very popular. Alfoada said in a statement, said that «the new salary ladder is invalid and does not meet the aspirations of the Iraqi people», calling on the government to «reverse the decision of the new salary ladder».

Alfoada stressed that «the Presidency of the Council of Representatives and the members of the Council before the real test of being the voice of the citizen, either to withdraw authorization from the government or go to the Federal Court to overturn a decision» proposal to reduce salaries in the new peace.



Walkingstick:  Nassif: Chalabi had a serious files belonging to the Central Bank

Published on: Today, 14:42

BAGHDAD / Sky Press: CE, a

Confirmed the MP for the coalition of state law, high Nassif, on Thursday, said the Chairman of the Finance Committee of the late Ahmad Chalabi has corrupted files very serious concerning the central bank, while not ruled out that Chalabi may have died dead.

Nassif said for "Sky Press," that "the Chairman of the Finance Committee of the late Ahmad Chalabi has corrupted files very serious concerning the Central Bank", noting that "more than announced in an interview that he will publish them via the television channels."

She added that "Chalabi has a very minute details about thieves of public money because it was a smart man and a prolific numbers", saying he "knows the money looted from the country's size."

She noted that it "does not rule out to be dead, but all indications are that the death was natural."

It is said that the beginning of a political source revealed, on Wednesday, the family of Iraqi National Congress leader Ahmad Chalabi brought with them two doctors, one American and one Briton to unravel the mystery about sudden death.

The funeral Iraqi National Congress leader Ahmed Chalabi, on Wednesday, the parliament building in the presence of President of the Republic Fuad Masum, the Prime Minister Haider al-Abadi and senior state officials.  Link


Frank26:  MY BEAUTIFUL KTFA FAMILY ........... "TIMING" from us to You is now being calculated so much closer in Your direction.

Last night I stopped with our files at 3 ........... 4 had ........... KODAK MOMENTS OF M.

If You are willing to LISTEN ........... Am willing to show You some numbers in ......... Some "serious files".

It is possible that what m did last night was the Last Straw on any camel ........ In The M E.

IOO (In Our Opinion)   !!!!!!!!!!!!!!!!!!!!!! ............. It is possible that this will elevated our 3 and 4 studies.
KTFA   Frank
Walkingstick: :Maliki, laughing at the funeral of Chalabi's see ..

By Mohammed Emad 05/11/2015 03:13 |
Brother - Baghdad

It raised a smile of former Prime Minister Nuri al-Maliki, in a photo taken of him in the Iraqi political funeral of Ahmad Chalabi, a storm of criticism in social networking sites.

It seems the former prime minister, leader of the Bloc and the rule of law Nuri al-Maliki, standing between other politicians, but the only one who was smiling.

He wrote some bloggers, including a book of famous, a criticism of the smile, with some described as "revenge", while some of the harshest such as writer Ghalib Shabandar where he described as "inappropriate, not of sorrow, and far from fitness, calculated diplomatically, and the petition, not worthy of the Prime Minister of situations where he could not, and who can not, how can small positions large positions? ".

He adds Shahbandar, a brother of the deputy Izzat Shahbandar, who accompanied Chalabi on the last night before his death, "I am talking politically and diplomatically, note I did not say it was a smile Chamt, but tell it smile man does not know the art of politics is not the art of dating and art work."

He adds Shabandar, who was the harshest critics that "al-Maliki naive, not fluent permit good, not good at Fitness meeting, was not my words about Chalabi, a prophet or an imam, but I talked about Maliki's approach simple and primitive, and I still say Maliki naive and non-dexterous."

Shabandar concludes his speech asking, "Is this the behavior of then commander sees his people hungry Grkan flood? Islamic Awalaslamue silly, and his heart stone, something he does not care."

It is noteworthy that al-Maliki was one of the few actors did not publish a statement of condolence for the death of Chalabi, and this raised questions before the appearance of the image and the funeral.



Frank26: M ....................You innate useless drone !!!!!!!!!!!!!!!!!!!!!

M ........ IMO .......... When death dances with You not as a Shadow any longer but as a Partner ......... One should wipe the smirky smile from ones face for Death is hungry about your soul.

Or as we say in America......... What goes around ....... Comes back to eat you alive ........ As you watch with no one caring.

It is at that time I would prefer you smile ............... FOR THE KODAK MOMENTS THAT ARE ABOUT TO UNFOLD AND BE TOLD TO ALL !!!

They call u Monkey ........... I call u BOZO ................ May I just call u a jackass from now on?

Smile all u want M .......... As the INTERNATIONAL WORLD does NOT smile with u any longer.

The MR time is up ......... BECAUSE YOURS IS NANOS AWAY FROM BEING ......... UP TOO.

U are not a nice man little m ............ Nor the two next to u smiling with u.