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6pm January  17th, 2017

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Table of Contents

Dinar Updates Monday Late PM Chat  1-16-17 

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Monday Late PM Chat  1-16-17   


loop says():the declaration of the Rafidain Bank, is ready to receive letters of credit without a broker, is an indication to leave the bank era prosecutions was Rafidain Bank faced internationally, pointing out that the evasion of those prosecutions was the main reason to establish the trade Bank of Iraq TBI in July 2003,

 
which means that the latter bank has completed the task of facilitating and facilitating the Iraqi Ministry of Foreign trade, under the economic sanctions that were imposed under Chapter VII of the Charter of the United Nations.
 
loop says():pointing out that the evasion of those prosecutions was the main reason to establish the trade Bank of Iraq TBI in July 2003
 
magnetlady says():Thanks loop
magnetlady says():Hey be back in a minute, kitties need dinner.
 
loop says():the most important step is the return of Bank of Iraq to the UN to deal away from mediate with the Trade Bank of Iraq, which was the only mediator in the deal between the Iraqi banks and other banks abroad on the issue of letters of credit. "
 ...
Read More

Dinar Updates Monday Late AM Chat  1-16-17   Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Monday Late AM Chat  1-16-17   Part 3 of 3

  loop says():   Q:Why did not provide Iraq to ask foreign bonds?
 
Foreign bonds were unavailable for Iraq, because the bonds when issued depends on the credit rating or a sovereign and classification of Iraq is still without tempting level for the market of global securities,
 
so the required interest rates are high and we tried last year as it went delegations to market foreign securities and the percentage of interest rate of 11 percent, the central bank has agreed to buy money orders, because the cost of foreign bonds are high ..

now with the guarantee of US government bonds and there are preliminary approval and will decrease interest rates for up to 3 percent or less of the presence of international confidence, because these guaranteed bonds bonds about mostly do not exceed their usefulness 3 percent,
 ...
Read More

Dinar Updates Monday Late AM Chat  1-16-17   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Monday Late AM Chat  1-16-17   Part 2 of 3
 
diagyAAAE says to jeffusa():The process of selling the dollar by the central bank is the process of sterilization, window sell the currency is not an option for the bank it is a legal issue relates to monetary policy requirements if the bank withheld for this collapse of the Iraqi dinar,
 
because the dollar source in the Iraqi government, if the government grabbed the dollar and Ahjpt for sale means that the dinar Iraq will collapse, and the fact that the government when dispensing any dinars like really gave the citizen replace dollar or goods interview .. and some wonder why are not central banks in other countries in this process? ..
 
the issue is quite different, as the countries that have the resources in dollars as a result of tourism and exports investment or transfer residents from the outside to the inside of the Central Bank which does not need to interfere with the presence of dollars in the market, there is supply and demand organize itself and interfere central bank when there becomes a disruption of the relationship between the local currency and exotic price,
 ...
Read More

Dinar Updates Monday Late AM Chat  1-16-17   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


Dinar Updates Monday Late AM Chat  1-16-17   Part 1 of 3


slh5282 says():Is this ever going to happen?
 
hutch says to slh5282():What makes you think that it wont?
 
subgirl says to slh5282():yes and with all the news we have been hearing and isis in mosul going down and all the corruption and money being brot back it is coming very very sooooon!!!!
 
Doug_W says():5282 as we have NO idea whats happening we can't say when but we are CLOSE
subgirl says to slh5282():I cant help but from being excited!!!! :)
slh5282 says():i think it will ..just wish it was today.
 
hutch says to Doug_W():But.... we do have an idea of waht is happening.
hutch says():what.... geez
Doug_W says():yes but not behind the scenes
 ...
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News, Rumors and Opinions Tuesday Morning 1-17-17

WSOMN:

StillOKRocks:  The world in on the Verge of change... the president-elect himself said the dollar was already "too strong." and said "our companies can't compete with [China] now because our currency is too strong. And it's killing us." The result: a broad drop in the USD across all currencies overnight.

StillOkRocks:  Change ... May confirms Britain leaving single market. British Prime Minister Theresa May confirmed Tuesday that Britain will be leaving the single market, but will try to secure an ambitious free trade agreement with the European Union.

StillOkRocks:  Change... World Economic Forum in Davos on Tuesday, which underscored Beijing's desire to play a greater global role as the United States turns inward.

StillOKRocks:  Change ... WEF founder Klaus Schwab said Xi's presence was a sign of the shift from a uni-polar world dominated by the United States to a more multi-polar system in which rising powers like China will have to step up and play a bigger role. "In a world marked by great uncertainty and volatility the world is looking to China," Schwab said before Xi spoke.
....
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The below posts were in our 10am Newsletter

Mnt Goat News Brief for Tuesday January 17th

(Thank you George for emailing this to Dinar Recaps to post.)

January 17, 2017 Mnt Goat News Brief


Hi Everyone,
 
I bring you much news today.   
 
Lots of very good articles this period. So it's mid January already and still no RV. Where is Iraq in this process? There is absolutely nothing to indicate to us any hold up or delay in the EARLY 2017 process to move forward with the "project to delete the zeros". There was one new article about the project to delete the zeros and I believe this one was totally misinterpreted by  many. So today I wanted to bring this article an clarify it for you and to say I believe it is actually just the opposite. It is all very good news. You see if you walk around with your head in the sand fearful or think about the glass as half empty then you too can not see things the way they really are.
 
I want to give you all an example of just want I mean. In one of my recent news letters someone asked me if we could go directly to the Federal Reserve and exchange our dinar. Their intent of this question was to try to see if they could bypass the private bank's exchange spread and maybe even get a much better rate from the Feds.

Read More

Frank26, Delta and KTFA Members Late Monday Night 1-16-17

KTFA:


DELTA:  HELLO FAMILY:  AS WE KNOW ON 01/10/2017  Masum DID approves the budget for fiscal 2017 Act and sends it to the Official Gazette for publication.

MY Q TO YOU FAMILY IS.......... HOW COME THE GAZETTE IS SHOWING THE DATE OF BUDGET AS 01/09/2017 IF IT WAS APPROVE BY Masum ON THE 10TH?

Frank26:  A.) Because they tell us WHEN and HOW ....................... What they want to.

B.) Because the Gazette had it long before the 9th.

C.) Because the New rate is about to come out.

D.) Because DELTA said so.

E.) All of the above ?

Psst ........... It "B" .............

DELTA:  FRANKIE I LIKE THE LAST ONE .......TA DA

Frank26:  I cheated .................... i have extra NOTES .......lol.

....

Read More

Late Monday Night: 


WSOMN:

ADMINBILL:  HANG ONTO TO YOUR SEATS DUDES AND DUDETTES (IF I MAY BE SO BOLD). LIFT OFF IS IN SIGHT. AND IT COULD BE BEFORE THE INAUGURATION.

NO PROMISES BUT THE LINES ARE BUZZING.

REMEMBER, WE HAVE HEARD IT ALL BEFORE BUT THIS IS VERY WELL SOURCED.
UPDATE INFORMATION:

I just received a personal message and got permission to share with everyone:

Tonight brings excellent news with a possibility of an increase in value of all currencies between shortly before and shortly after the inauguration. This information is new tonight with multiple separate sources in agreement.

Use common sense in developing your own opinion but it appears we are inching rapidly to the finish line.
....

Bits and Pieces in Dinarland Late Monday Night 1-16-17

WSOMN:


DollarBill1:  what is FRANK saying anyone

RaginCajun:  THE RATE HAS BEEN REMOVED FROM THE CBI FOR 14 DAYS

THEY ARE WORKING ON A LOT OF LAWS

Snake:  He is talking about how much foreign is being introduced into Iraq and asking do you think this would be happening at a program rate that was not going to go up

He made a mistake on an earlier call now saying Abadi does not have to be in Iraq for the RV to occur where before he had said that was a requirement

RaginCajun:  THE CBI IS WAITING ON THE GOI

....

Read More

The below posts were in our 10pm Newsletter

Dinar Updates Monday AM Chat  1-16-17   Part 2 of 2

rcookie says():Parliament included the candidates of the Federal service at today 's meeting
16-01-2017 08:33 AM
 
House of Representatives has decided to include the paragraph concerning the candidates of the Federal service at today's meeting, he said a parliamentary source said the parliament speaker Salim al-Jubouri, the House of Representatives to study the CVs they have made and the House of Representatives held its fourth meeting of the second legislative term of the third legislative year.
 
The council voted yesterday to draft Iraq's accession to international regulations Convention on the Law for Preventing Collisions at Sea, refused to re-vote on the draft second amendment to the Law of the Federation of Chambers of Commerce, as well as for a vote to determine the producing provinces and non-oil producing quota law, whereas it ended the first reading of the draft law professional sports
 ...


Dinar Updates Monday AM Chat  1-16-17   Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Monday AM Chat  1-16-17   Part 1 of 2
 
digiman1 says():i see the CBI is still riding on rates from Jan 4....
digiman1 says():not that they haven't done this sort of thing before....
 
Doug_W says():YAYYY I made it
digiman1 says():mornin
 
ol lar says():this could be a record though, at least since I have been in 5 years
Doug_W says():how ya doin Digi?
 
digiman1 says():apart from it being monday, not bad.....


 rcookie says():Economist: Currency exchange rates are affected by political events         
wealth vamal     Posted By editor             
 ...


BGG Sunday Night News Time 1-15-17  Part 3 of 3

 
BGG says to Flynn():Of course we have investigated some options that seem quite "do-able" that would include some more direct route back to the Middle East.
 
With the obvious allure of better returns.   and I'm not talking about 13.00 per Dinar... just a lower spread and less hassle.
 
Pablo says():What do you consider a reasonable spread?
 
BGG says to Flynn():a normal exchange process of currency - KWD, for instance, would include a bank (or entitiy) buying your currency (provided you haven't given it to some "shady group" to HOLD for you) and then turning around and putting it up "for sale" on an inter-bank system. They might sit on it for days or weeks.
 
Flynn says():you lost me on the spread
 ...


BGG Sunday Night News Time 1-15-17  Part 2 of 3

loop says():IF YOU LOOK AT THE ACTUAL QUOTE FROM ALAK HE DOES NOT USE THE WORD POSTPONED (THE REPORTER'S INTRO DOES), WHICH WOULD INFER THAT A DATE HAD ALREADY BEEN SET AND KNOWN...
 
TO MY KNOWLEDGE AN ACTUAL DATE HAS NEVER BEEN ANNOUNCED TO THE PUBLIC...
 
I THINK WE WOULD ALL BE VERY AWARE OF IT IF ONE HAD BEEN MENTIONED... THE CLOSEST THING TO A DATE THAT ALAK HAS SAID WAS THAT IT WOULD START EARLY 2017...
 
HERE IS THE TRANSLATED QUOTE FROM ALAK (GOOGLE) "the Iraqi Central Bank did not specify a date for the deletion of zeros from the currency dinar" AND (BING) "the Central Bank did not specify a date to delete zeros from currency dinar"...
 ...


BGG Sunday Night News Time 1-15-17  Part 1 of 3

holly1 says():Ahmed Esam They understood people feeling about dinner future for that they reassure us ,
They deferred deleting zeros from iraqi dinner .   holly1 says()::)
 
holly1 says():keywords ..... DEFERRED,,,, UNTIL ????????
 
Pablo says to holly1():Deferred? Seriously?
Pablo says to holly1():Why would they defer?
 
holly1 says to Pablo():MY IRAQIS FRIENDS WORDS ... NOT MY WORDS :)
 
holly1 says to Pablo():AS HE STATED BEFORE .. UNTIL COUNTRY IS STABLE ... NO CHANGES IN THE DINNER... AS HE HAS STATED LAST WEEK ... HIS WORDS .... FUNNY YOU WANT THE DINNER AND WE WANT THE DOLLAR :)
 
wmawhite says():Folks,............each of us need to pay attention to exactly what is said. Alak was referring to the large notes, the removal of the large notes from the currency. That is NOT the same as increasing the value of the currency. They are two very different events.
 ...