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Saturday, January 9, 2016

POPPY3 TIDBITS, 9 JAN

Poppy3  RV IS IN SIGHT IN MY OPINION. ACCORDING TO CBI, IMF THEY ARE MAKING SMART CARD...GLOBAL SUNDAY OR MONDAY THIS WEEK.  THEIR WORDS NOT MINE.

Millionday   FIRST LET ME SAY THAT CBI HAS CALLED ON ALL BANKS TO TAKE OVER UNDER INTERNATIONAL COMPLIANCE RULES AND REGULATIONS -- THIS IS ACCOUNTING STANDARDS AND ALL THAT GOES ALONG WITH GLOBAL INTERNATIONAL BANKING. 

THERE HAVE BEEN MANY RELEASES OF HUGE HUGE REPORTS GIVEN BY GOVERNMENT AND CBI ...AND OBVIOUSLY ARE ABOUT THE ADVANCEMENT OF IRAQ. 

CBI ORDERS ARE TO BEGIN AS OF JANUARY 1ST THIS YEAR --- SO FISCAL YEAR.  VERY EXCITING OF COURSE.

TNT :What I Learned About Connecting/Exchanging at WF Today by SUNNY, 9 JAN

    • sunny said
      01:46 PM Jan 9, 2016
    Good Afternoon,
     
    Last week visited three Chase Banks and one Wells Fargo, in the Phoenix area, asking about a rate on the Iran Rial.  At the Chase banks I dealt with a regular teller or customer service rep and they had no rate showing.
     
    On Thursday, Jan 7, I went into a Wells Fargo in Scottsdale, AZ. and the teller was specifically a foreign exchange trained teller.   She verified a 100,000 note, showed me on the teller screen a rate of  .24761.  She entered my 100,000 and it automatically calculated the amount to be paid to me of $24,761.
    Since I did not have a WF account I asked for a cashier’s check.  She made a phone call and then said she could not exchange it at all at this time but
    took my phone # and would keep an eye on it and call me when it would process.  The amount for processing was $7.50.  It was her understanding if I exchanged more at the same time it would still only be $7.50.  It’s transaction based fee and not a percentage based fee. 
     
    If I had an account with WF there would be NO CHARGE for the foreign currency exchange.
     
    I stopped in this morning at the same Wells Fargo in Scottsdale, AZ to open a savings account in preparation for the Rial exchange.  She had told me any account will qualify. That it did not matter if it was savings or checking.    The customer service representative to help me was the manager.
     
    The information below applies to Wells Fargo only.  I have no idea what another banks procedures, rules, guidelines might be.
     
    In response to some questions and the direction our conversation took I learned:
    • Wells Fargo will verify the currency on the spot and it is not necessary to copy your currency before hand.  He said once WF accepts the currency any problem with it is between them and the U.S. Treasury.  WF becomes responsible for it and an account is credited right then.  There is no need to send the currency off and wait for them to say it is valid/authentic.  It is good when they accept it at the branch.  He laughed when he said, “Not too many people try to scam us with foreign currency.  It comes back on them too quickly.”
    • Two forms of identification would be your drivers license (shows address) and a debit or credit card.  While Costco is a picture ID, he could not accept it.  I would imagine the same is true of a Sam’s card also.
    • He confirmed WF is the clearing house of the U.S. Treasury and indicated they would most likely get notice of, “authority to exchange, before other banks.  
    • He told me they have been notified several times to expect the release of banking sanctions on Iran and then they are delayed.  He had access to two systems and when he checked this morning their was no rate showing in either system for the Iran Rial.
    • Q – Who has the authority to lift the Iran sanctions?  We discussed if banking sanctions were put on by Executive Order or Congressional action.  If by Executive Order then they can be removed by Executive Order.  He said if congressional then Congress may have passed it to the agency administering the Dodd-Frank Act when they passed that legislation and said he had been unable to find that information out.
    • Based on our conversation about my Rial he refused to open a savings account for me and wanted me to talk with the Private Banker instead.  He set it up, for the PB to call me on Monday.  He said it would be best to do all with the private banker from the beginning.
    • Insurance on amounts over 250,000 on deposit he could not tell me about.  Said the PM would answer that question.
    How to connect with a wealth manager or as they call them at Wells Fargo, private banker?
    Go into Wells Fargo and say you want to open a savings account as you are expecting to make a large transaction.  They will want to know what it is.  If your not comfortable talking about the Dinar, Dong, etc., tell them you have a million or more Iran Rial and have seen an article by Sec. of State, John Kerry, that the sanctions will be lifted within days.  It's at this link:   http://ag.irna.ir/en/News/81911790   
    Mention that it was $3.22 value prior to the sanctions, that Iran has already announced when the sanctions are lifted their currency will be pegged to the USD at $3.41 and that rate puts them on par with other middle eastern countries with similar oil reserves and economy.  This lets the customer service rep know you have done research and have knowledge on your subject.
     
    His face will reveal he is mentally calculating the after exchange value.  For 1 million that is over 3 million dollars no matter which of the above rates you use.
     
    Then I expect he/she will want to connect you with a personal banker/wealth manager and you have the connection you desire.  This is exactly what I did and it worked for me.

STRYKER UPDATE, 9 JAN

A little food for thought and this late Friday night:
The CBI is trying to suck in dinars for gold coins and offering high interest earning for Iraqi's cash deposits, all in an attempt to draw in the 77% of the money supply that is being hoarded away in the homes of the citizens.  At the same time saying that they are going to introduce large category banknotes to bring pthe banknote count down from 4 billion to 1.18 billion.


    Then the CBI announces that the banks and insurance companies are adopting international accounting practices for 2016 (this IMO is the reason they haven't launched the budget yet) and adopting a single window (one stop shop) all at the same time. These, by the way, would do away with the daily auctions because you can't have multiple exchange rates with International Financial Reporting Standards working thru a Single Window System.  Oh, and the collection of fees from importers and exporters thru smart cards and electronic transaction system thru that same Single Window System too! 


    All these according to the Director of The General Company of Iraqi Fairs, an affiliate of the Minister of Trade and PM Abadi himself stating that the starting date, I may add, is on the 10th of this month, unbelievable!  I'm not sure how much can be done by then or how long it will take them to complete these aggressive task if they do start this on the 10th, but you have to give them credit for trying such an aggressive plan!
    The IMF has confirmed and thru their personal giddiness of a signed agreement, mandated that this could all be done by mid 2016 by their monitoring of Iraq's 2016 Budget.
I myself think by the looks of things they are ahead of schedule but we will see!  

DINAR GURUS UPDATE, 9 JAN

1-9-2016   Newshound Guru OOTW   AND BTW...IF ALL LAWS WERE IN PLACE PERTAINING TO BE ABLE TO DISTRIBUTE SHARES TO THE PEOPLE FOR OIL PROCEEDS, THEY COULD EASILY DOLE OUT THE MONIES TO THEM AT THE CURRENT RATE OF THE IQD.   THE PRIMARY REASON TO WATCH FOR THIS, IF EVEN STILL APPLICABLE, IS THAT WE WANT TO SEE COHESION BETWEEN THE GOI AND THE KURDS.    TO MY MIND, THE PASSING OF HCL, OIL AND GAS, ETC IS NOT AN ALARM BELL THAT THE "RV" IS COMING.  IT'S GOOD, BUT IT'S NOT A TELL TALE SIGN.   [post 2 of 2]

1-9-2016   Newshound Guru OOTW
   "The only way forward to resolve these disagreements between Baghdad and Erbil is to pass the Federal Revenue Sharing Law and the Federal Hydrocarbon Law..."    WHY DOES EVERYONE PIN SO MUCH ON THE OIL AND GAS LAW AS A PRECURSOR OR SIGN OF AN "RV"?  IT GETS DOWN TO THE REVENUE SHARING LAW.  THIS LAW (REVENUE SHARING LAW) HAS HAD ONLY ONE READING.  THAT WE CAN TELL BY THE PARLIAMENT SITE.   THE GOI/THE KRG STILL NEEDS A CENSUS... CERTAINLY, WE HAVE SEEN ARTICLES ELUDING THAT THERE HAS BEEN A CENSUS PERFORMED, HOWEVER, THERE IS NO EVIDENCE OF THIS AT ANY GOVT SITE...  [post 1 of 2....stay tuned]

1-9-2016   Intel/Newshound Guru Poppy3  WE ARENT RUNNING THE BASES RIGHT NOW WE ROUNDED HOME AND NEXT STEP IS SCORING . KEEP SMILING RICH FRIENDS. 

1-9-2016   Intel Guru Frank26  I will tell you the World Bank and the CBI are very close right now...making calculations or arrangements that are necessary...for the Iraqi dinar to join them.  So why would they have an interest in a vagabond...of course they would if there was money to be made.

1-9-2016   Newshound Guru chattels
   Tariffs? How significant are they in the great scheme of financial matters for Iraq? My sense is that too much is being made of them relative to our liquidity event and as a solution to Iraq's economic woes.  The greater significance and consequence of the imposition of tariffs in Iraq for our event may be INFLATION.   I have never seen any revenue projections to the State of Iraq as a result of the tariffs.

DINAR IRAQ & DONG VIETNAM UPDATE, 9 JAN

Article: “Central bank: Stamping contracted 10 000 specie to diversify their savings and get a 24 carat gold” I suspect that the Iraqi economy is skewed so that the vast majority of the money is held by a small percentage of the population.
Therefore, while this won’t mean anything to the vast majority of the people in Iraq because they cannot afford to purchase the coin, those who can, will. This small percentage of the people probably hold over 80% of the dinars anyway.
Furthermore, since gold is a “real” asset which will move up and down in value as gold around the world does, this will insulate the gold holders from a falling dinar.
Therefore, this “adjustment” of the rate to a lower rate is almost certainly being done to scare the big fish into purchasing the gold coins, thereby turning in their paper money. All in all this seems like a well thought out plan on the part of the CBI to reduce the paper money in Iraq quickly.
****
Quote: “Central banks are buying gold coins called gold and confirms the arrival of the 100 dinar coin” …this new CBI announcement appears to be straight forward and is in keeping with what they said they would do four weeks ago.
At that time the CBI stated that 70% of all of the currency that is out in Iraq was being kept by individual citizens and that they (CBI) had plans to draw that currency into the banks. Well, here it is. However, what is more amazing is what appears to be the placing of a value upon the individual dinar based upon a world accept value of gold.
If the translation is correct the CBI is stating that they are selling 15 and 25 gram coins for 100 IQD and 250 IQD. The current spot price of gold is $1,100 per ounce. 25 grams is .77 oz. .77 of $1,100 is $847. Divide $847 by the 250 IQD and you have an equal value of $3.38 per IQD.
Interesting that the CBI would offer an accepted asset of great value for a currency of less value UNLESS the value is in the process of changing.
*****
Parliament’s Finance Committee unveiled a project to reconsider the dinar exchange rate against the dollar with the government and the central bank, denying talk about the quest to change the dollar exchange rate thousand dinars.
The decision of the Finance Committee MP Ahmad Haji Friday, “This is contrary to the fact that price of the dollar against the dinar will not be up to 200,000 dinars for one hundred dollars, pointing out that there was a project studied by the Central Bank and the Council of Ministers, the Finance Committee to reconsider the exchange rate of The dollar against the dinar.”
It is still a project under study and no decision, where they are studying Iraq could reconsider the exchange rate, whether it is in the Government’s interest or detrimental to the citizen?, noting that a review of the exchange rate would be the government’s interest But hurt the citizens, as this will increase the exchange rate to runaway inflation, an increase in commodity prices, stressing the need to take into consideration all aspects before making a decision.
The deputy Haji said that a review would be an increase in the dollar, any decline in the price of the dinar against the dollar, because the government can not raise the price of the dinar against the dollar, at the time of its imports in dollars and expenditure in dinars, pointing out that the increase in price of the dollar is the benefit to the government.
Iraq faces a financial crisis due to the sharp decline of oil, reaching financial budget for this year total expenses of more than 105 trillion deficit accounted for 22.8%.
Finance Minister Hoshyar Zebari noted on Monday in a newspaper interview that “there are several alternatives [oil], including borrowing from international institutions, few benefits, we did it.
For example we have received help from The International Monetary Fund, a few days ago we received one billion and 200 million dollars from the World Bank, we have introduced a monitoring program on how we manage the financial and economic policy, if we could get more help, as we intend to sell sovereign bonds, because the situation in Iraq this year better than last year From this point of view.”
He explained that “The other option is to raise the Iraqi dinar exchange rate, although it may be a risk having repercussions.”

ZAP / POOF REPORT, 9 JAN

Subject: THE BIG CLEAN

Date: Fri, 8 Jan 2016 19:49:23 -0500

HI EVERYBODY,

THIS IS A VERY SPECIAL PLEA FOR HELP FROM YOU, AND THIS MESSAGE IS A BIT LONGER THAN EXPECTED TO GIVE YOU A SNAPSHOT OF THE CURRENT LANDSCAPE.

SOME VERY SEVERE STEPS ARE BEING TAKEN RIGHT NOW FOR ALL OUR BENEFIT, AND OUR RESOURCES ARE TAXED TO BEYOND LIMIT (AT ZERO) TO KEEP THINGS STABLE. ANY HELP IS DESPERATELY REQUIRED RIGHT NOW. WE DID NOT EXPECT THIS AND WE WERE DELAYED IN OUR FUNDING.

THIS IS THE TIME OF THE BIG CLEAN. THIS WAS TO TAKE PLACE MUCH EARLIER (COUPLE YEARS BACK), BUT THE TIME WAS NOT QUITE RIGHT.  IT IS NOW.

ON MONDAY THE CLEANUP BEGAN. IN HONG KONG, OVER 40 BANKERS WERE “FIRED”, NOT ARRESTED, AS ARRESTS OF THIS MAGNITUDE WOULD MAKE THE PAPERS AND HURT THE BANK AND THE SYSTEM.


THE BANK IS NOT AT FAULT, BUT THE CORRUPT IDIOTS PREYING ON OUR HUMANITY ARE.

I TALKED WITH THE FAMILY, AND THEY INFORMED THAT OVER 600 BANKERS WERE “FIRED” ON 3 CONTINENTS WITHIN THE SAME BANK.

I WAS FURTHER INFORMED THAT DRUG MONEY WAS CONFISCATED, AND THE AMOUNT THAT WAS LAUNDERED OVER TIME WAS ASTOUNDING.

SMALL WONDER THAT SO MANY WERE “FIRED”. I KNEW THIS WAS A LARGE PROBLEM, BUT THE DEPTH IS INCREDIBLE.

ALL OTHER BANKS ARE ON THE HIT LIST FOR CLEANING. THE MASSIVE EFFORT UNDERPINNING THIS COMPRISES OF POLICE AGENCIES, REGULATORS, GOVERNMENTS, AND THOSE THAT HAVE THE BEST INTERESTS OF OUR HUMANITY AT HEART.

THIS CLEANUP WILL TAKE A LITTLE BIT OF TIME, BUT IN THE END, THE MATRIX FUNDS OF OUR HUMANITY WILL BE ABLE TO FLOW OUT WITHOUT THE RAPE AND PILLAGE THAT WOULD HAVE HAPPENED AS SO MANY PREDICTED (INCLUDING ME) IF THIS DID NOT TAKE PLACE. THEY ARE CORRECT.

OUR TRANSFER FROM THE TRUST HAS BEEN AFFECTED AND DELAYED BY THIS SURPRISE TIMING, BUT IT HAS BEEN PASSED TO GO THROUGH REGARDLESS.

THAT WILL ARRIVE NEXT WEEK INSTEAD OF THE ANTICIPATED TIMING OF TODAY.

ONCE THESE FUNDS ARRIVE, THEN WE ESTABLISH THE BASE INFRASTRUCTURE TO BEGIN THE PROJECT OPERATIONS OF COURSE. IN THE MEANTIME, THE DELAY HAS AFFECTED STABILITY TO THE POINT WHERE EFFORTS MAY BLOW UP IN SEVERAL COUNTRIES AND HURT US GREATLY.

WE HAD NO CONTROL OVER THIS TIMING AND I DO NOT BELIEVE THIS WAS DELIBERATE IN ANY WAY TO STOP US, BUT IT DID NOT SERVE TO HELP AND PLACED EFFORTS IN GREAT JEOPARDY.

YOU ARE SAVING MANY YEARS OF PREPARATION OF THIS EFFORT THAT WILL SERVE OUR HUMANITY FOR THE NEXT SEVERAL DECADES, SO I AM STRONG IN ASKING YOU FOR THIS PURPOSE AS OPPOSED TO A HELPING HAND UP TO CRITICAL INDIVIDUALS TIED TO THIS EFFORT (FOR WHICH I AM ETERNALLY GRATEFUL FOR).

WE WILL BE STANDING STRAIGHT ON OUR OWN FEET VERY SHORTLY. MORE INFORMATION TO COME AS I GET IT.

GOD BLESS AND DEEP THANKS ON BEHALF OF OUR HUMANITY.

LOVE AND LIGHT

IN OUR SERVICE

ZAP