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Greetings!,
Our newsletter is a listing of all our blog posts. The newsletter is sent 2 or 3 times a day. Our email schedule is HERE. If you cannot wait for the email, you can read our posts directly on our BLOG throughout the day and night, or follow us on TWITTER and get our blog posts tweeted to you between 10am - midnight (ET). Our Twitter name is DinarRecaps. If you like this newsletter, share with others. Enjoy our Recap Email, The Dinar Recaps Team |
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KTFA:
aggiedad77 � January 26th, 2014, 12:26 pm
Good Sunday Morning Family.....now the first morning news:
Finance issued a schedule of goods covered by tariff
The Ministry of Finance has issued a list of 109 items that are covered by the new Tariff Act. What they mention specifically regarding the taxes includes: 80% on alcohol, 50% on cigarettes and fireworks, and 5% on many other goods such as gun powder, match sticks, and jewelry. As has been reported before, these items are to be taxed at all ports including the Kurdistan region and any non-compliance will be met with potential sanctions.
Sumo is seeking to enter the Iraqi oil to the African market
The national oil company SOMO is looking to expand future oil markets into Africa in coming years....they recognize that as their production expands to 6 million barrels of oil per day, they also need to expand their export capability to other countries.
Iraq's oil is at a crossroads
A long article that concerns the oil production and sales of said oil from Kurdistan. It seems the Kurds announced publicly back on the 8th of January they were starting to pump oil to the large reservoir storage tanks in Ceyhan, Turkey and by the end of January they will have pumped 2 million barrels of oil to Turkey. I'm assuming this is the total amount expected for January. There is still no agreement between Baghdad and the Kurds on the oil issue with Baghdad stating they will sue parties involved in the pumping of the oil illegally. So the battle continues to seesaw back and forth.
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Economic Commission: Iraq has achieved economic growth is estimated at 10% in 2013 [tlm724] unprecedented economic growth over the past year [tlm724] is estimated at 10 percent [poopsie] at least they are finally getting things done [tlm724] poopsie yes ty ! [tlm724] where he was the highest economic growth in the world compared to the achievements of other countries [tlm724] *hallelujah* ...
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Post From Intel4u By Bailey2 Today, 01:15 PM
[Enorrste] Report: "The value of the Iraqi currency and structural economic imbalances"
Iraq has, for 10 years, been in a "fixed rate regime."
Definition of 'Fixed Exchange Rate: A country's exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency (or the price of gold).
The purpose of a fixed exchange rate system is to maintain a country's currency value within a very narrow band. Also known as pegged exchange rate. The rate has been "fixed" at 1166 dinars per dollar (the "other currency") for many years now
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[..OKIEOILMAN] GOOD SUNDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. WELL TODAY IS TURNING OUT TO BE A DAY OF HIGH EXPECTATIONS. THERE ARE MANY INDICATIONS PRESENTLY THAT OUR R/V IS AT HAND. I KNOW PERSONALLY OF INDIVIDUALS THIS PAST WEEK THRU PRIVATE ARRANGEMENTS THAT HAS EXCHANGED THEIR DINAR. ONLY WITHIN THE PAST 24 HOURS I HAVE BEEN OFFERED 3 SEPARATE PROPOSALS FROM 3 DIFFERENT SOURCES TO EXCHANGE, AND AT VERY VARIED RATES. WITH THE PLACEMENT NOW BEING PUBLIC FOR SOME, THE R/V CAN'T BE SAT UPON ANY FURTHER. IN OTHER WORDS- "THE NEWS IS OUT". THIS CAN NOT CONTINUE ON STRICTLY AN INDIVIDUAL BASIS WITHOUT INVOLVING THE GENERAL PUBLIC, AND DOING IT SOON. I AM IN HIGH ANTICIPATION OF THE "GENERAL RELEASE" AND THE INFORMATION TO FOLLOW PERTAINING TO THE PUBLIC AS EARLY AS POSSIBLY TODAY. I HAVE NOT BEEN CONTACTED YET FOR THE "GRADUATION LETTER" BUT AM ANTICAPATING IT ANY TIME NOW. -------BLESSINGS GALORE
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KTFA: trident704 wrote on January 25th, 2014, 11:26 pm: Good evening, family. A few thoughts, outside-the-box, so to speak. Strictly IMO, of course. Two reasons why I think the IQD has already revalued. One, the tariff law was implemented over three weeks ago, and two, they've held a bond sale over two weeks ago. Phase 1 and Phase 2, if you will. Phase 3? International exchange of their physical currency. When? No clue. How much? No clue. Does it really matter? Tariffs don't work with a program rate, because the program rate was tied to the USD, and it's illegal for Iraq to charge working tariffs using another country's currency. What about the bond sale? How does the CBI pay 4.5% on a debt instrument with a program rate? They can't. Again, the program rate was tied to the USD and, as such, cannot be used. The point here is this investment will happen, and holders of any physical denomination will see a return that far exceeds any amount of initial capital put forward. Admittedly, I used to sweat all the news coming out of the sandbox. How this may influence that, and so forth. The fact is, major financial players, central banks, and governments around the world are broke. So...I've learned to expend my energy on what's really important: God is in complete control, and I trust that He knows what He's doing. No amount of my own research can ever supplant that. Soli deo Gloria ....
Read More
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The below posts were in our 11am email
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Post From TNT By Mrs Biggo
The United States...Through The Eyes of The World (MODS...This is the ORIGINAL POST that is floating around! PLEASE do not remove this one. Thanks, mrs b.) My Husband and I have been in the business of Historical Bonds for 4 years. Our entire Business was put on hold 2 years ago due to the anticipated GCR being necessary in order to place proper value to any Bond sales. We have Contacts in various Countries. Today, I spoke with a Business Associate in Geneva, Switzerland who has been closely following the GCR. During the course of the conversation, he asked me if I knew or followed a Dinar man named Tony. I of course, told him I had been following Tony and listening to his CC's for quite some time. He then CONFIRMED that the World Economic Forum in Davos, Switzerland DID INDEED LISTEN to the TNT Broadcast yesterday, Wednesday. ...
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Jester] MY MY MY... WHAT A MESS... [Patience] JESTER, HI . A MEMBER ASKED THIS QUESTION BEFORE, "DO YOU THINK THERE IS ANY IMPACT ON RV WITH TWITTER OR GOING PUBLIC." [Jester] LET'S GET TO THE BOTTOM OF THAT SITUATION... YOU HAVE THE CHOICE OF TURNING ON THE TV AND WATCHING WHAT YOU WILL LIKE... WHICH YOU DO... IT IS THE SAME AS HERE IN DINARLAND... WOULD YOU TUNE IN TO SOMEONE TELLING YOU WHAT YOU WILL LIKE TO HEAR OR SOMEONE TELLING YOU HEY WAIT A MINUTE NOT SO FAST... WHAT YOU WILL LIKE TO HEAR IS NONSENSE... GO FIGURE... [Jester] AND YET THE LARGER PORTION OF THE PEOPLE.. WHEN PRESENTED WITH THE VIABLE REASONS BEHIND WHY... IGNORE IT... BECAUSE IT IS NOT WHAT THEY WILL LIKE TO HEAR... [Jester] EVERYONE IS AWARE OF WHAT HAPPENED IN KUWAIT TO A CERTAIN EXTENT... LETS HIT THAT FOR A SECOND... [Jester] WHAT DO WWI, WWII, KOREA, KUWAIT, IRAQ... ETC... HAVE IN COMMON... WARS OF COURSE... BUT THE SOMETHING ELSE... ....
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[ROBINREDHED] ok, here we go
[millionday] here we go >>>>>>Investment Commission of Babylon and a Dutch companies joint Iraqi possibility of investment in the province of Babylon, and that during her body , insisting on the importance of cooperation conservative circles to provide an attractive investment environment for companies and international capital .
Said deputy head of the professor on behalf of al-Janabi, that the authority has offered investment opportunities disposal to a delegation of Dutch companies joint Iraqi who expressed his desire to invest in the province.
[millionday] note -- they are wanting to make Babylon a huge huge investment hub -- and are expecting them to market to the world as an attraction in that manner
[millionday] investment and huge growth there
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Be encouraged everyone, DELAY IS NOT DENIAL. If we could only see what is really happening, NO ONE would be trying to FORCE anything to happen. Permissible will is not as complete as Perfect will... Oh shout long enough and try to force it and you will get a partial blessing. HANG IN THERE and let GOD continue working this out and when its time for our blessing, SUDDENLY we will see and experience the WHOLE package, nothing missing nothing broken. Here is a good word from our Loving Father God. Push discouragement away from you, and do not allow the shawl of sadness to hang upon your shoulders. I have marked your efforts, says the Lord. Your perseverance has not escaped my notice and I will be certain you receive your reward. Though the night is long and tiring, still, is it not written, 'Those who sow in tears will reap with songs of joy'? Consider this, and lift up your face to Me. ....
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Post From Dinar Updates By Rudie -- Part 1 of 2 Comments may be made at the end of Part 2 Thank You Millionday News 1/25/14 [millionday] first i want to say that very very early i came in the sec the chat opened and had two reports that are in the forums with my notes but - i want to give you some things from it [millionday] first of all the goal from these reports is many many things and well worth the read but they are placing the trained employees where they are trained for their part in the economic reform and banking reform and advancement and [millionday] they are placing the trained employees where they are trained for their part in the economic reform and banking reform and advancement and [millionday] the huge huge goal that really has us all looking hard is that they are planning on the active membership for the wto ----------------the coming month ...
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01/24/2014 17:43 Central Bank decides "SEC gold bullion" to sell investors and segments of society
[tlm724] sweet !!! revealing their monetary policy instruments, I kinda like that
[tlm724] this diversification is part of the requirements of the IMF also, they have had liquidity in the past years with their high reserves but the IMF wants them to have other sources , this is a very positive sign of the CBI following international recommendations
[tlm724] Re :the above article
Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools January 2013 The Basel Committee has issued the full text of the revised Liquidity Coverage Ratio (LCR) following endorsement on 6 January 2013 by its governing body - the Group of Central Bank Governors and Heads of Supervision (GHOS).
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Frank26 � January 25th, 2014, 8:48 pm Greetings KTFA Family, Christine Lagarde made a speech yesterday and bless her heart as much as she tried .......she failed. I told you to look at the world markets last night Family because they are receding. A tsunami does the same thing. In fact they both have the same results. It brings a change. The CBI says it has no money to fulfill its responsibilities of selling dinars to all of the Iraqi banks .......and they offer the weakest reasons of why they claim this. While they spend trillions and billions with one side of their mouth.......the other side repeats once again "WE HAVE NO MONEY". Yes we have no bananas and yes someone is doing something globally with currencies or there are a lot of lies going on. The SQUIRREL......that we pointed at yesterday ........was for you to observe the sliding of world markets. Why is there a freeze in world financial transactions? Or more fairly........why is there such a sluggish slow down this week? ....
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Dinar Recaps
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About Us
We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs. Our Blog posts are e-mailed in this Recap Newsletter.
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