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More News, Rumors, and Opinions Late Sunday Afternoon

RV/RI...Thoughts From Ishman and TnDr at TNT Sunday Afternoon

What Markets Are Open on Martin Luther King Day?

Gold & Economic Freedom...By Alan Greenspan

BLC News & Comments - "CBI Has It Covered 150%"

News, Rumors, and Opinions Sunday Morning

Sunday News Summaries by Aggiedad77 at KTFA...Aggiedad77

The below posts were in our 11am newsletter

Millionday Saturday Night News Part 2

Millionday Saturday Night News Part 1

Tidbits From TNT Late Saturday Night

Reader Comments On The Fed & SDR Denominated Derivatives

News, Rumors, and Opinions on a Quiet Saturday Night

Tlar & Member Discussion On Budget & More Part 3

Tlar & Member Discussion On Budget & More Part 2

Tlar & Member Discussion On Budget & More Part 1

© Copyright DRT Distribution, LLC All Rights Reserved

RV/RI Thoughts From Ishman and TnDr at TNT Sunday Afternoon

IshMan: The RI Window from Tues Jan 13 through Tues Jan 20...

We understand (1) Iraq has met all requirements to RI its currency;

(2) Iraq has the authority to RI its currency having been released from Ch 7 Sanctions;

(3) Iraq's RI rate has been authorized through IMF & BIS, with international support, at rates from $3.22 to $3.90 per IQD;

(4) Iraq's GOI has been recognized by the US and the West as stable & unified;

(5) all central banks were fully linked and synchronized last Tues/Wed Jan 13-14 in anticipation of the RI release;
....

Gold & Economic Freedom By Alan Greenspan

Gold and Economic Freedom by Alan Greenspan

Published in Ayn Rand's "Objectivist" newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967.

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense - perhaps more clearly and subtly than many consistent defenders of laissez-faire - that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.

In order to understand the source of their antagonism, it is necessary first to understand the specific role of gold in a free society.
~~~

BLC News & Comments - "CBI Has It Covered 150%"

BLC Admin Tlm724 Morning News & Comments

Morning News Comments 01/18/2015 CBI has it covered

Central Iraq confirms that the reserves of the best reserves in the world

[tlm724] we got a good one so pay attention Wink tyvm Bondlady !

[tlm724] Central Iraq confirms that the reserves of the best reserves in the world

[tlm724] best reserves in the world

[tlm724] The Central Bank of Iraq, Sunday, that the bank reserves is one of the best reserves in the world, and while he noted covers currency and a half times,

[tlm724] Keywords in an interview for a number of media that "the Bank maintains the largest rates of good reserves of hard currency in the world compared to the money supply,"
~~~

News, Rumors, and Opinions Sunday Morning

Stage3Alpha:

OilRat January 18, 2015 at 9:49am Listen up Friends.....everyone needs to stay "focused" (on what's important), "positive" (in the now), and "calm" (knowing it's about over)

From this point forward.....there is not and will not be a lot of direct top-PTB Intel until this is done.....my contacts are "Simply Staying Stealth" (SSS), and I expect it to stay this way until we are in the banks celebrating.

Even the info they are providing is either repeat info and/or blah, blah, blah Intel. Let it be known, this is absolutely why I believe we are as close as we have ever been yet.

BOOOOM!!!! JMO
....

Sunday News Summaries by Aggiedad77 at KTFA

Aggiedad77 � January 18th, 2015, 10:39 am

Sunday News Summaries and Commentaries

Well it is Sunday, there is to be a meeting between PM Abadi and the CBI governor today...then off to London....inquiring minds want to know who he meets there and for what reasons....that may require some cooking I think though....meanwhile we see more news of corruption...and yes Maliki's name crops up again...but so does Dr. S's name....but not for the same reasons....seems they are working in opposite directions....one out of potential legal threats....and the other right into the snare of the legal system.....good for both I say.....oil and gas law, investment law, and of course some budget items.

State of Law: Visit by a delegation to America Anbar and Baghdad media closer than Washington
....

The below posts were in our 11am newsletter

Millionday Saturday Night News Part 2

Millionday News 1/17/15 Part 2

Welcome to dinarupdates.com for news time with Millionday!

Millionday: NOTE -- SO AS WE KNOW DUE TO THE WAR ON TERRORISM AND ALSO THE MASSIVE AGREEMENTS BETWEEN THE IRAQ FEDERAL AND KURDS (UNIFIED GOVERNMENT) CLASHES HAVE RESULTED IN UNIFIED COUNTRY

Millionday: This will require the United States, first, to expend significant political capital to convince the Iraqi government to take steps it finds extremely distasteful and,

second, to continue to discourage the KRG from undertaking actions that could be perceived as provocative by other Iraqis.

By the same token, the United States will have to tolerate al-Maliki's efforts to reconcile with members of Shiite cleric Muqtada al-Sadr's movement, including "special group" militants who have American blood on their hands

Millionday: NOTE -- SO OBVIOUSLY IT WAS A GOAL TO NOT HAVE TO DEAL WITH MALIKI
~~~

Millionday Saturday Night News Part 1

Millionday News 1/17/15 Part 1

Welcome to dinarupdates.com for news time with Millionday!

Millionday: January announced the decision the House of Representatives, MP Imad Youkhana, Saturday, that the Presidency has decided to convene a special session to discuss the 2015 budget on Wednesday instead of next Tuesday.

Youkhana said in a press statement "reached from the Presidency of the Council of Representatives today to take a decision to extend the session next Tuesday to one day to give the parliamentary finance committee further discussions on the budget that the meeting be held next Wednesday."

He said the "extension is to give the Finance Committee more time to complete the discussion of the budget in order to be ready to agree to put on the agenda of the vote."

Millionday: NOTE -- THE BUDGET WILL NOT BE IN THE FORMAL MEETING FOR TUESDAY BUT WILL BE FOR WED (FORMALLY)
~~~

Tidbits From TNT Late Saturday Night

TNT:

Ishman: ISX Open and New York Stock Exchange Holiday: Coincidence?

It appears Iraq is trying to open their ISX on Jan 18, and we've been advised the RI is expected to be released concurrent with the re-launching of the ISX.

And the NYSE has declared a holiday for Martin Luther King Day on Mon, Jan 19.

This is a lovely coincidence. If I were releasing the RI, this weekend would seem about as perfect as the PTB could desire, especially in the wake of the de-coupling of the CHF from the EUR.**

ExchangeToday: OK midnight tonight is a great time or 2-4 am tomorrow!!!
....

Reader Comments On The Fed & SDR Denominated Derivatives

READER THOUGHTS ON "THE FED & SDR DENOMINATED DERIVATIVES"

Matt McBride (@MattMhmmcbride) JANUARY 15, 2015 AT 9:59 PM Hi JC, Do you see a "controlled" derivatives explosion as the only way of clearing out the old to make way for the new SDR and SDR based derivatives?

I cannot fathom a way of unwinding the trillions in unstable USD based derivatives that does not cause some major pain for at least 2-3 TBTFs (Citigroup?)

JC Collins JANUARY 15, 2015 AT 10:15 PM Like QE was a liquidity exchange, this could look something like a derivative exchange, with the contracts fragmented into high risk and low risk segments. The process could involve clearing the low risk and consolidating the high risk.
~~~

News, Rumors, and Opinions on a Quiet Saturday Night

KTFA:

Aggiedad77: Timing...indeed timing....globe-trotting by PM Abadi at a time when the budget is due for a vote....Wednesday the 21st.....hmmmm....what could he be telling us....confidence in what is to come......or that the budget is a done deal...a no brainer.....(See Article Below)

I for one....not in any kind of minute believe that Abadi would be leaving home if he felt any concern with the budget....he has more integrity than that.....

I still believe a vote will happen on Wednesday....barring any other postponement of said vote.....interesting trail that is being created here for sure....worthy of watching what transpires.

And don't forget the meeting tomorrow between Abadi and the CBI governor.....what can they possibly be talking about on the eve of Abadi heading into London then to Davos.....my interest level is at an all time high. Aloha Randy
....

Tlar & Member Discussion On Budget & More Part 3

Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 3 of 3

Tlar: DWIGHT, excellent counterpoint. My problem in banks is how can any bank in this scenario affect only the debt side of this equation? By the way both you and Mike have come to logical conclusions but I still feel that everything will go down by three zeros to parallel the currency (physical paper) to mirror image this change. You can't pick and choose.

Property, bonds, stocks, assets, debt, and I believe every electronic account such as bank accounts, loans, living items and living expenses, everything must be changed, to reflect the new rate.

Again we can't pick and choose. All value will remain the same once adjusted. Salaries and incomes such as retirements, interest both passive and active for government, private and individuals will also be adjusted. Everything. Again you can't pick and choose. Again its makes for an interesting debate. Tlar
~~~

Tlar & Member Discussion On Budget & More Part 2

Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 2 of 3

Frank: This is an old article (Sept. - 2012) that is classified as Rumor. It is related to a Retired State Dept. Economist that supposedly worked on the original plan to install a new monetary system for Iraq.

The discussion regarding "circulated currency vs non circulated currency" prompted me to post this article, although many of you have probably already seen it.

  In our 40+ year career as a Retirement Consultant we have been blessed to meet some very talented professionals. One of them is a retired State Dept. economist who introduced us to the IQD investment in 2005. He had worked on the original plan to install a new monetary system for Iraq after the 2003 invasion.

He had originally indicated that the plan was for the IQD to achieve financial parity with the USD over a 7-10 year period from the introduction of the new system.

At that time the USDs use would be completely discontinued and it would be replaced by the IQD for in-country use and international exchange. The variable factor in the timetable would be the political environment.

Tlar & Member Discussion On Budget & More Part 1

Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 1 of 3

Rockstar: XXXX, how much do you want to bet that when we see the budget that there still will be no RV?? I bet there is zero chance the RV is in the budget! Guru Lojak is gone and as you can see Tlar is back to analyzing and research and learned his lesson, they were questioned heavily about their Intel that was never correct and decided to disappear instead of man up per say!

So no the one liners will not fly unless you are ready to back them up IMO. No one knows the date or rate on any forum period!!! The CBI will not and cannot RV this currency without the GOI being on board and that is WHY we have not seen the RV yet not because of the budget that every guru out their calls for every year sorry to be the bearer of bad news!

Yes we do have some major banking and investment laws to be completed etc, and yes when the time is right most of these will be completed very quickly or in the basket as discussed. Until that time is right we All wait patiently IMO.
~~~

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