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Table of Contents

Full KTFA Monday Night CC Notes 12-5-16  Part 2

Part 2:

Frank26:  This will be the very first budget implemented in the history of Iraq Family....they are making historical steps....they are making history with their budget.....they have never had an approved and voted on budget for their country....we are all over them....like skin on skin...we see everything....we see every little trick they try to do.
 
So we now look....what did I say not before the 15th....but the 15th and beyond....to the 1st.....the Mookla....I don't know....I hope so....to the 20th when Trump gets put in as President....I don't know.....somewhere in the middle of the first quarter....I don't know....but not before the 15th....but after.
 
IMO the BIS is very happy with the auctions and the software and the new way to do the auctions....the BIS is purely financial....they deal with banking...and then we have the World Bank....and then we have the IMF....they deal with a multitude of things....there are a lot of good happy 3-letter agencies in Iraq.
....


Full KTFA Monday Night CC Notes 12-5-16  Part 1 

KTFA:

Aggiedad77:  Heads up Family.....here are the MONDAY NIGHT CC NOTES......sorry for their lateness....enjoy   Aloha    Randy

*** 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!!! ***

CC Notes for Monday 12-5-2016

Frank26:  We are now ready to walk into our study of the Iraqi dinar.
 
Before I do......nobody knows the date.....nobody knows the rate....of this investment that we are involved with together Family but....I do have a desire....a responsibility to tell you that.....this is the season in which we represent the birth of Jesus Christ.....unfortunately to me the story of Christmas has been "Santa-tized".....too much to the point where it has been diluted...
....


Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 3 of 3
Josie says():Question: I am a bit confused on the question of whether the Parliament is still in session or now on a Holiday after passing the budget ?
 
loop says to Josie():They are on break on.
loop says to Josie():now.
Josie says():Have they given a return date ?
 
dinarstudent says():is parliamnet off for holiday now
 
daytrader says to dinarstudent():Once they passed the budget, they were done. The new session should start about Jan 7.
 
dinarstudent says():ok no chance of rv until jan 7 correct if even then
 ...


Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 2 of 3
rcookie says to 1bobby():THEY ARE TELLING EVERYONE.....YEAH...YEAH WE KNOW THE AUCTIONS ARE AND HAVE BEEN BROKEN AND BREACHED....AND THE PRIMARY ROLE OF THE AUCTIONS ARE TO MAINTAIN STABILITY OF IQD.....BUT....
 
THE ONLY WAY TO REALLY STABILZE THE IQD IN THE MARKETPLACE IS TO REDUCE THE DEMAND FOR USD.....AND YOU WONT REDUCE THE DEMAND FOR USD BY TURNING THE AUCTION FAUCETS OFF....
 
YOU REDUCE THE DEMAND "THROUGH STRUCTURAL CORRECTION OF THE IRAQI ECONOMY"....GIVE THEM SOMETHING BETTER AND MORE VALUABLE AND YOU HAVE INHERENT INCENTIVIZATION TO USE IT!!!....
 
rcookie says to sassy():I AGREE SASSY!...
 ...


Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday  Late AM Chat  12-7-16   Part 1 of 3
slh good morning
slh5282 says():DOES ANYONE KNOW WHAT THE STATUS OF THE BUDGET FOR 2017 IS AT THIS POINT? i SAW ONE POST THAT SAID IT WAS IN THE HISTORY BOOKS NOT SURE IF THAT IS VALID.. iNFO PLEASE..
 
1bobby says to slh5282():They've published it
 
slh5282 says():SO DOES THAT MEAN THEY VOTE 3 TIMES AND IT IS DONE OR IS IT A TWO TIME VOTE?
 
slh5282 says():AND IF THEY PUBLISH IT DOES THAT MEAN IT WAS APPROVED BY PARLIMENT
sassy says():if it is in the gazette it is final
 ...


News, Rumors and Opinions Late Thursday Morning 12-8-16

KTFA:

BACKDOC:  AS IRAN HAS STATED EARLIER, THE TWO PAYMENT SYSTEM WILL BECOME ONE AFTER MARCH 20TH!  WHAT IS HAPPENING NOW IS A TRANSITION UNTIL THEN.  

THESE ARE IN COUNTRY CHANGES AND LIKELY COUNTRY TO COUNTRY BUT AFTER MARCH 20TH THE NEW DIGITAL REALITY WILL REVEAL ALL TO THE PUBLIC!   DOC   IMO

Walkingstick:  Iran plans to revalue, rename rial currency

Wed Dec 7, 2016

Iran plans to revalue its rial tenfold and revert to the currency's old name, the toman, according to a bill approved on Wednesday by President Hassan Rouhani's cabinet, the official Islamic Republic News Agency (IRNA) said.

https://financialtribune.com/articles/economy-business-and-markets/54998/gov-t-oks-toman-as-currency-unit  
....


A Little Fun (While we Wait)

 
WSOMN:

ADMINBILL:   20 WAYS TO MAINTAIN A HEALTHY LEVEL OF INSANITY

1. At lunch time, sit in your parked car with sunglasses on and point a hair dryer at passing cars. See if they slow down.

2. Page yourself over the intercom. Don't disguise your voice.

3. Every time someone asks you to do something, ask if they want fries with that.

4. Put your garbage can on your desk and label it "IN".

5. Put decaf in the coffee maker for 3 weeks. Once everyone has gotten over his or her caffeine addictions, switch to espresso.

6. In the memo field of all your checks, write "for smuggling diamonds".
....


The below posts were in our 10am newsletter

Bits and Pieces in Dinarland Late Wed.PM/ Early Thurs.AM

Early Thursday Morning: 

WSOMN:

ADMINBILL:  THURSDAY IS HERE AND WE ARE STILL VERTICAL AND SUCKING IN AIR. THAT IS A GOOD THING! IT ALSO MEANS YOU ARE STILL IN LINE TO BECOME A LIVING DINAR EXCHANGER SOON.

I WANT TO TAKE A MINUTE TODAY TO GIVE A BIG ROUND OF APPLAUSE TO THOSE GOOD PEOPLE THAT PROVIDE ME WITH INTEL, INFORMATION AND RUMORS ON A DAILY BASIS. THEY ARE THE REAL DEAL!

THE INFORMATION RECEIVED UP UNTIL LATE LAST NIGHT LEADS ME TO BELIEVE THAT THE PROCESS IS AS FOLLOWS:

1) ZIM IS A PLAYER WITH 100T NOTES THE PRIMARY NOTE TO EXCHANGE AT WHEN ACCEPTED.

2) THERE IS A POSSIBILITY THAT ZIM NOTES PURCHASED AFTER A CERTAIN DATE WILL NOT BE ACCEPTED (RUMOR ONLY).
....

Dinar Updates Wednesday AM Chat  12-7-16   Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

clay says to 1bobby():did they pass the budget
SRW says to 1bobby()():Was the Permeshga military added to the GOI military budget..
 
1bobby says to clay():I would say so. There's a published text of the budget in the forums. Around Article 9 they mention the Kurds amd 17%
 
clay says to 1bobby():thanks I thought I read that
 
1bobby says to SRW()():It was. The budget includes 23% Defense spending
1bobby says to clay():It's a long one that pretty much includes everything DU discussed leading up to completion
 
clay says to 1bobby():(y)
 
1bobby says to clay():(handshake)
clay says to 1bobby():what else do we need ({)
clay says to 1bobby():besides Mosul
 
SRW says to 1bobby()():Cool.. What I don't understand is the Basra region throwing a fit when that area will bring in huge non oil revenue.. Do these people not want to work? ({)
...

Dinar Updates Wednesday AM Chat  12-7-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

subgirl says to rcookie():Iraq 's parliament voted on Wednesday, on the financial budget for the entire year 2017. yyyyyaaaaayyyyy!!!
 
loop says():Here is an article from MadDScout
 
risk5849 says():Nice to wake up to great news..... Parliament approved the budget in 2017 and end the legislative term

 LINK
 
loop says():Central Bank Governor: no room to cancel the sale of the dollar window, if canceled , the exchange rate has become 3 or 4000 and maybe more
...

Dinar Updates Wednesday AM Chat  12-7-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

ol lar says():gm
ol lar says():  Peshmerga got thier way ,yea!
 
loop says():  Urgent .. Parliament vote on the allocation of a percentage of the defense budget to the Peshmerga
 
Wednesday 07-12-2016 | 3:09:22  Urgent .. Parliament will vote on the federal budget and end the legislative term
 
Wednesday 07-12-2016 | 3:14:49  Kurdish lawmaker is likely to agree on the budget and to add clauses to the agreement oil
 
History of edits:: 12.07.2016 9:42  {Baghdad: Euphrates News} guessed MP for the coalition of Kurdish blocs Majid Chenkali, blocs agree to pass a federal budget for next year 2017.
...

Highlights From KTFA Wednesday Night CC 12-7-16  Part 2

2 Comments 

Part 2:

Frank26: These ATM's have software inside of them ... the citizens open accounts to use the ATM Machines ... WOW!

The CBI believe that this is how you get the citizens to open accounts BEFORE the end of the year!  Freakin' brilliant!

If they increase the rate BEFORE the end of the year ... if citizens are going to acquire any currency ... they will have to have an account.

Contractor said ... about 4 years ago ... I noticed they brought in ATM machines ... but on the ATM's ... none of the RED LIGHTS were on.

What is inside of these ATM machines?  Lower Denoms!

They want to release these ... (MOOKLA) ... by the first of the year.

I am speechless ... lost for words CBI.
The below posts were in our 10pm Newsletter

Highlights From KTFA Wednesday Night CC 12-7-16  Part 1

KTFA:

FrostyTheSnowman:   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

Today is a day of infamy ... a day we remember Pearl Harbor.

Many of you know that I spent a lot of time in Hawaii.

I just want to pay respect and I want to salute the men and women who were involved/affected by the bombing of Pearl Harbor.  I want to thank you!
....


What Happens When A Currency Completely Breaks Down

Notes From the Field  By Simon Black

December 7, 2016  Santiago, Chile
Here's what happens when a currency completely breaks down

In Venezuela, hyperinflation has become so pitiful that shopkeepers are no longer bothering to actually count money. 

Instead, they're weighing it... 

... as in literally pulling out a scale and weighing giant stacks of money. Do you want to buy a bottle of Coca Cola? That'll be 1 kilo of currency please. 

One shopkeeper interviewed by the  Guardian newspaper said he's piling up bricks of cash so quickly he feels like Pablo Escobar. 

And yet Venezuela's hyperinflation continues growing worse; those bricks of cash are buying less every week. 

This is an important lesson.
...

Dinar Updates Tuesday PM Chat  12-6-16   Part 2 of 2

jetset says():RV THERE YET??? :D
 
SRW says to jetset():Real Soon... :D
SRW says to jetset():Subby said so.. 8-|:D
 
subgirl says to SRW():I heard that lol
SRW says to jetset():Well, stop listening and press the RV button.. ({)8-|:D
 
jetset says):S 8-) 8-) N !
SRW says to jetset():REAL S:D:DN!!
 ...


Dinar Updates Tuesday PM Chat  12-6-16   Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Tuesday PM Chat  12-6-16   Part 1 of 2
 
loop says():Thousand meters separates our troops on the bank of the Tigris in central Mosul
 
7/12/2016 0:00 People crowd cleanses Tel Abth strategic
 
BAGHDAD / MOSUL morning / sunrise Maher   Our forces on Tuesday launched a massive offensive into the center of southeastern Mosul to become an advanced about a kilometer away from the Tigris River , which runs through the city center.
 
The Iraqi satellite channel quoted the commander of the battle «Nineveh coming,» Lt. Gen. Abdul - Amir Rashid Allah Yar as saying that «soldiers entered yesterday Salam Hospital in the unit southern district east of the city near the river.»
 
Reuters news agency also quoted the colonel as saying that « the attack , which is supported by new reinforcements began at six in the morning on Tuesday and aims to drain terrorists Daesh.»
 ...