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10am December 6th, 2016

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Table of Contents

News, Rumors and Opinions Early Tuesday AM 12-6-16

"Shifting Gears" - VERITAS Report - 12.6.16    5:39:00 AM  

Well.  I now know what happened tonight. I cannot share it all, but I will share what I can.

Man, I was so excited. The build up. The anticipation. It was more than ever before and I was ready.

Then you wake up and it didn't happen again. Silence through the day. Frustrating.

Then on top of that you read a post like "Unraveled" and you become unraveled.

What the heck?????^?!@3!14???

It all comes down to who pushes the button, doesn't it?
....

Dinar Updates Monday Late AM Chat  12-5-16   Part 2 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


dinarstudent says():hello how we doing ? did everyonehave a great weekend ? i see they did not vote on budget what is up with that ?
 
goldenbear says():Passing the budget and passing laws??
 
rcookie says():WHERE IS THE ONLY PLACE IRAQ CAN PROVE THEIR COMPLIANCE TO FISCAL REFORM COMMITMENTS...
 
Scotzgirl says():The completed and passed budget.
risk5849 says():cbi
 
rcookie says to goldenbear():GREAT GOLDEN!!.....TELL THEM WHAT THEY'VE WON JOHNNY....
...

Dinar Updates Monday Late AM Chat  12-5-16   Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


loop says(10:00 AM):Oil beyond $ 55 a barrel for the first time in 16 months after the OPEC agreement
 
Monday 05-12-2016 | 3:30:27

Twilight News / Brent crude rose above $ 55 a barrel on Monday and was trading at its highest level in 16 months amid Altfowl about the possibility of curbing the glut in the market following a historic agreement, OPEC members to cut production in the last week.
 
The gains on Monday, up increase that began after reaching an agreement on Wednesday to 19 percent for Brent crude, the highest in nearly eight years, while US crude gains of 16 percent.
...

Dinar Updates Monday Early AM Chat  12-4-16  Part 2 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


jeffjane says to subgirl():Hi. Did the budget pass or did it get pushed to Wednesday?
subgirl says to jeffjane():I think it got pushed to Wed. they do have quite a few articles already passed but they are needing a few more articles to be passed...
 
Jeffjane says to subgirl():TY
 
subgirl says to jeffjane():your welcome :)
 
kalis says():i see they postpone until wed .lol they could not run a water stand in heat of summer right . well we wait to read more great news and wait for them to move forward . Maybe someday they will all work together so the can go international with the dinar ,but i really do not see it soon ...
...
Post From Dinar Updates
Chat Room News Excerpts & Highlights


Elane says():http://aynaliraqnews.com/index.php?aa=news&id22=68110
Elane says():House of Representatives postponed its meeting on the budget until next Wednesday!

Elane says():Thanks MadDsout

Elane says():Parliamentary: 2017 budget passed by the political will and not according to the principle of social justice
Political   Monday 5 December 2016 | 11:23   | Number of Views: 55

BAGHDAD / ... MP for reform emotions grace the front, on Monday, confirmed that the budget passed by the political will and not according to the principle of social justice.
 
Said in a statement reported for "Eye Iraq News" that the bad management of the session by the speaker of parliament and his deputy Hamoudi and some leaders and members of the National Alliance , made the budget in 2017 compliments and political interests of balance,
...


Frank26:  While the budget may not be  completely approved ... (like with the Kurds) ... but it DID NOT affect the meeting that was held today.

To get a HISTORICAL budget ................... means that IRAQ is STABLE!

When will they finish the budget?   How about tomorrow?

The issue with the Kurds was the only real hold-up family.

They were trying to rip-off the Kurds through the budget.

Thank God the Kurds did not attend the meeting today. LOL

And you thought that just the IMF and IRAQ was going to meet? .... Oh buddy!!!!!!

No country's money is 100% asset-backed.

Iraq's currency will have WEALTH ... once they go INTERNATIONAL.
....

Highlights From KTFA Monday Night CC 12-5-16  Part 1

KTFA:

FrostyTheSnoman:   Here's tonight's HIGHLIGHTS ...

*** 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!!! ***

Frank26: Greetings family ... welcome to another one of your conference calls at KTFAlways.com

Nobody knows the date or the rate of this investment family ... but I do have a desire/responsibility ... but this is the season that we represent the birth of Jesus Christ.  Unfortunately, this is the time of year that man focuses too much on "Santa."

Pride is mentioned 546 times in the Bible.  I hope that it doesn't get in your way of Christmas.  I want you to be strong to be critical of yourself.  Do not wallow in self-pity saying "why me Lord?"  Our pride gets in the way. 

Heavenly Father shines forth a light.  Tell pride to get lost - not God.  Obey God.  Love Him with all your heart!  Money if very, very intoxicating.  It can cause people to think in ways they normally wouldn't.
....
The below posts were in our 10pm Newsletter

BGG Sunday Night News Time 12-4-16  Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

BGG Sunday Night News Time 12-4-16  Part 3 of 3
MadDScout says():I have one from the Saturday Anti Money Laundering conference
 
BGG says to MadDScout():Go man!!
 
MadDScout says):Unless you want to ask for ??'s
 
BGG says to MadDScout():I'm tired just watching you!!  Yeeee hawwww!!
 
MadDScout says():He underscored his commitment to combating money Alomwal..antrza warns banks of channels "terrorist financing"
 
05/12/2016 (0:01 pm) - The number of readings: 55  Baghdad / long - Presse   It confirmed the central bank's board, the commitment of the banking institutions in Iraq's laws and regulations on anti-money laundering crimes, and warned of the repercussions of non-compliance with such legislation and risks to create channels for the financing of terrorism, while the Iraqi private banks association pointed out that some of the statements of politicians is "responsible" triggered off the handle a large European banks with Iraq.
 ...


BGG Sunday Night News Time 12-4-16  Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

BGG Sunday Night News Time 12-4-16  Part 2 of 3
MadDScout says():Restructuring of the secretariat of the Council of Ministers re-Abadi, and the call to the Indictment Division
 
Read More : http://www.dinarupdates.com/showthread.php?44163-Restructuring-of-the-secretariat-of-the-Council-of-Ministers-re-Abadi-and-the-call-t&p=166072#post166072
 
Baghdad / Wael blessing    He returned the government's recent decision to restructure the General Secretariat of the Council of Ministers, to talk again about the dominance of the call and the State of Law Party, the independent bodies, and most sensitive government sites.
 
Prime Minister Haider al-Abadi is accused by his allies in the National Alliance, that he had failed, since the two years of his reign, ending a proxy appointments for about 8 thousand important government site between the director general and Deputy Minister and adviser.
 ...


BGG Sunday Night News Time 12-4-16  Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights
BGG Sunday Night News Time 12-4-16 Part 1 of 3
BGG says():Hey gang - how is everyone??
daytrader says to BGG(Wow. Active group tonite!
 
jimplants says():i realize iraq will get around to it just when is the 3.50 dollar queston
 
BGG says to daytrader():That's more like it... I started sweating as soon as I read your AZ comment.

BGG says to daytrader():UGH.
BGG says to daytrader():ICKY
 
daytrader says to BGG():Been on too many vacations there. Not going there except to pass through or a golf tourney.
 
jimplants says():maui would be nice but you will get island fever

aminmaine252297875331 says():i will risk that for a while!
 ...


More News, Rumors and Opinions Monday Night 12-5-16

TNT:

OKRocks:  in reading between the lines the budget was approved... ovbviously the IMF got what they wanted

RVAlready:  okrocks - what makes you sure the IMF got what they wanted?

OKRocks: rvalready Because their review was a good one and they gave the next installment of the loan
RVAlready:    I don't know if I can read between the lines on the budget, but the IMF report looks pretty positive.... It just doesn't say, "and all you guys in the US are going to the bank real soon now." But it says just about everything else.
....


The below posts were in our 6pm newsletter

Dinar Updates Sunday Late PM Chat  12-4-16   Part 2 of 2

12/5/2016
 
Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Sunday Late PM Chat  12-4-16   Part 2 of 2

loop says():Central bank: we have stopped hundreds of companies after the discovery of corruption
 
Last update: Sunday, December 4, 2016 - 9:46
 
CBI administration has warned of the repercussions of non-compliance with the legislation of laws and regulations to combat money and risks in creating channels for laundering financing of terrorism offenses.
 
He said the central bank governor on the Keywords, during a press conference on the sidelines of the Forum of compliance and anti-money laundering and terrorism financing in Iraqi banks and financial institutions, that "Iraq's banking and financial institutions, compliance with anti-money laundering and financing of terrorism."
 ...
Read More

Dinar Updates Sunday Late PM Chat  12-4-16   Part 1 of 2

 
Post From Dinar Updates 
Chat Room News Excerpts & Highlights

Dinar Updates Sunday Late PM Chat  12-4-16   Part 1 of 2
 
loop says():Saleh: some economic laws hastily prepared
 
5/12/2016 0:00 Institute seminar in the progress of the development policies
 
BAGHDAD / Shokran Fatlawi   Diagnosis of the reality of the local market and the negative effects of which had been affected as a result of ill-considered decisions and the reasons for the decline in the economic development of Iraq and laid on the table of the Institute for the progress of the development policies, where the serial episode organized yesterday titled "US policy in Iraq connotations and expectations "
 
Economic laws Director of the Institute d. Mehdi al - Hafez and former Secretary of Planning began symposium word about stations should stop with her in the path of the US - Iraqi relations since 2003 and the changes that have occurred in the process of building a new state ,
 ...
Read More

Dinar Updates Sunday Early PM Chat  12-4-16   Part 2 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Sunday Early PM Chat  12-4-16   Part 2 of 2

jfd says():Did the budget pass or is it too early to tell ?
 
subgirl says to jfd():not sure if it is all done...
jfd says():Thanks
subgirl says to jfd():yw!!
 
loop says(3):Parliament fails to passage of the budget and to raise its tomorrow
 
Author: Editor: HH 12.04.2016 23:52 Number of Views: 30
 
Parliament fails to passage of the budget and to raise its tomorrow
 
magnetlady says():Hey subby
subgirl says to magnetlady():HEY :)
 
ol lar says to loop():Sooo did they pass most of the article and will finish a few more tomorrow?
 
Soonergirlie says():Loop, please fly over there and explain to them they need this done :@8-):D

subgirl says to Soonergirlie(): :D(y)
...
Read More

Dinar Updates Sunday Early PM Chat  12-4-16   Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Sunday Early PM Chat  12-4-16   Part 1 of 2

 
loop says():Kurdistan Democratic Party withdraws from the chamber because of the refusal to vote on the Peshmerga allocations
Sunday 4 December 2016 21:03
 
loop says():Kurdistan Democratic bloc to withdraw from the vote on the budget session
 
Sunday 04-12-2016 | 9:09:51
 
30/11/2016   Kurdistan Democratic bloc to withdraw from the vote on the budget session

loop says():The House of Representatives will vote on seven items and deletes eighth of the general budget   Il Giornale
loop says():Parliament will vote on the calculation of the Kurdistan Region's budget revenues in 2017    Sunday 04-12-2016 | 9:17:33

loop says(): Jubouri postpone the paragraph concerning the Kurdistan assignments in the budget until they come to an understanding   Sunday 4 December 2016 21:13
...

Frank26 and KTFA Members Monday Afternoon 12-5-16

KTFA:

Don961:  IMO .... We know the 3 Letters have been guiding Iraq .... and inputting their requirements in the writing of the Budgets ....and other laws ....

With all the things Abadi and the GOI/CBI have done so far .... to facilitate those requirements to get the loans .... could it be the really important things that were needed from the 2017 Budget are agreed to ?.... and all these articles that are being disputed are things that could be amended or tweaked at a later time ...
.
Because of absentee MPs .... disagreements may seem magnified because of the few that are present ... and the need for a quorum ..... so they may be taking advantage of that fact to threaten the process ... whereas if all MPs were there , the budget could pass easier ....

The IMF is fully aware of the intention and probability of what needs to be done with the 2017 Budget .... we'll see what is said today ... and hear on the CC what's up .... but the Budget being passed may not even be an issue at this point ... for the continuation of the New Monetary Policy of Iraq ...  
....
Read More

AdminBill Update at WSOMN Monday Morning 12-5-16

WSOMN:

ADMINBILL:  MONDAY, DECEMBER 5, 2016 (0900 MT)

HERE WE ARE TODAY WITH NO MONEY IN OUR ACCOUNTS. BUT TO BE HONEST I DID NOT EXPECT TO SEE PUBLIC FUNDING FOR THE EXCHANGE OF ANY CURRENCY OVER THE WEEKEND.

I PASS ON WHAT I AM HEARING WHICH, IN TURN, IS WHAT MY SOURCES ARE HEARING FROM THEIR SOURCES AND SO ON UP THE FOOD CHAIN. HOW MANY INDIVIDUALS THAT MAY BE DEPENDS ON THE SOURCE.

SEVERAL ARE IN DIRECT CONTACT WITH THOSE IN BANKING, FINANCE AND GOVERNMENT THAT ARE PUSHING HARD TO GET THIS DONE.
....
Read More

Mnt Goat Monday Dec. 5th News Brief

Thank you George for emailing this to Dinar Recaps.

December 5, 2016 Mnt Goat News Brief
 
Hi Everyone,

So today is Monday and what does this current news bring us? Is the budget then settled? What was the end result over the weekend?    
 
Update from Saturday Dec 3, 2016- Vice Chairman of the Finance Committee Faleh applicable: - The delay in the vote on the budget for 2017, the differences on the ratio of the population and export of oil and the benefits of Basra province. (I want everyone to note that this is why they need to do a complete and accurate "official" and "nonpartial" census of the population. So this tells us this is not yet completed and this created issues. Basra was asking for an additional $5 per barrel of oil besides their share of the 17%)
 
The House of Representatives has said they postponed a vote on the budget in 2017 until Sunday 12/4. So did they vote?

Read More

News, Rumors and Opinions Monday Morning 12-5-16

 
TNT:

OkRocks:  Urgent Parliament postpones its meeting until next Wednesday -Why? Because Kurdish lawmaker reveals a new proposal for the allocation of the Peshmerga .... Does this effect the IMF meeting or the rv? I dont think so because their finances are in order...... Perhaps its just a "roadmap" for timing? ;)

Blessed2:  I believe that the Iraqi RV process will be very similar to the Iranian process and that is no major public announcement will be made. We have seen budgets being passed over the years without the RV being attached to it. I believe the activation of the Iraqi RV is not incumbent upon the budget being passed..... ...the evidence of things not seen. That's why I believe the RV will not be a public announcement.

Lilypad : The budget had to be passed as one of the criteria set by the IMF for the needed loans that the budget is built on for 2017.
....
Read More

Dr. Clarke Followup Q&A Post-Part 5, Posted Mon. Dec. 5th

 
( Links for Dr. Clarke's earlier Part 1 or Part 2 or Part 3 or Part 4 Q&A posts.)

TomTom73   12/4/2016 07:45:44 pm  
Dr. Clarke:  Now I know you have been posting on the DC for quite a while now but I am really curious about why you never spoke out about the Zim currency being worthless before.

Surely you noticed all the other Gurus posting about the Zim being a good buy but now you step forward and call it worthless as a Bond or a currency.

Also I would like to know your position on the Wells Fargo verses HSBC being the lead bank in the RV process... If you can find some time, please respond. Inquiring minds would like to know.

....