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Millionday Friday Night News 1/8/16
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: FIRST LET ME SAY THAT CBI HAS CALLED ON ALL BANKS TO TAKE OVER UNDER INTERNATIONAL COMPLIANCE RULES AND REGULATIONS --
THIS IS ACCOUNTING STANDARDS AND ALL THAT GOES ALONG WITH GLOBAL INTERNATIONAL BANKING
Millionday: THERE HAVE BEEN MANY RELEASES OF HUGE HUGE REPORTS GIVEN BY GOVERNMENT AND CBI --- THEY ARE PDF FORM AND OBVIOUSLY ARE ABOUT THE ADVANCMENT OF IRAQ
Millionday: CBI ORDERS ARE TO BEGIN AS OF JANUARY 1ST THIS YEAR --- SO FISCAL YEAR
Millionday: VERY EXCITING OF COURSE
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Dinar Updates:
wmawhite Quote:
"Central banks are buying gold coins called gold and confirms the arrival of the 100 dinar coin" ...this new CBI announcement appears to be straight forward and is in keeping with what they said they would do four weeks ago.
At that time the CBI stated that 70% of all of the currency that is out in Iraq was being kept by individual citizens and that they (CBI) had plans to draw that currency into the banks.
Well, here it is. However, what is more amazing is what appears to be the placing of a value upon the individual dinar based upon a world accept value of gold.
If the translation is correct the CBI is stating that they are selling 15 and 25 gram coins for 100 IQD and 250 IQD. The current spot price of gold is $1,100 per ounce. 25 grams is .77 oz. .77 of $1,100 is $847. Divide $847 by the 250 IQD and you have an equal value of $3.38 per IQD.
Interesting that the CBI would offer an accepted asset of great value for a currency of less value UNLESS the value is in the process of changing.
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WEALTHWATCH 1-8-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Friday Evening OOTW Chat 1-8-16 Part 2 of 2
OOTW: Twenty-four karat gold is pure Au, and is seen only in bullion bars. Gold is an extremely soft metal which loses particles if used or handled a lot, so other metals have to be added to strengthen it before it can be made into jewelry or coins (because you don't really want precious gold particles being lost by rubbing off on your skin and clothes).
You often see Olympic athletes bite their gold medals - that's because traditionally, if you could make teeth marks on the soft metal you knew it was genuine and very close to pure, even though modern Olympic medals are not solid gold. Usually you just need to add a little silver or copper to harden and toughen it.
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WEALTHWATCH 1-8-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
rocknrollbus: 22*35=770/250=3.08
rocknrollbus: Where do they come up with this schiite???
Donnie: where is the following example wrong?
rocknrollbus: They said 22 grams x $35 $ spot = 770 divided by 250 dinar = $3.08
rocknrollbus: Where are they getting $35 spot?
rocknrollbus: For gold price
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Subject: THE BIG CLEAN
Date: Fri, 8 Jan 2016 19:49:23 -0500
HI EVERYBODY,
THIS IS A VERY SPECIAL PLEA FOR HELP FROM YOU, AND THIS MESSAGE IS A BIT LONGER THAN EXPECTED TO GIVE YOU A SNAPSHOT OF THE CURRENT LANDSCAPE.
SOME VERY SEVERE STEPS ARE BEING TAKEN RIGHT NOW FOR ALL OUR BENEFIT, AND OUR RESOURCES ARE TAXED TO BEYOND LIMIT (AT ZERO) TO KEEP THINGS STABLE. ANY HELP IS DESPERATELY REQUIRED RIGHT NOW. WE DID NOT EXPECT THIS AND WE WERE DELAYED IN OUR FUNDING.
THIS IS THE TIME OF THE BIG CLEAN. THIS WAS TO TAKE PLACE MUCH EARLIER (COUPLE YEARS BACK), BUT THE TIME WAS NOT QUITE RIGHT. IT IS NOW.
ON MONDAY THE CLEANUP BEGAN. IN HONG KONG, OVER 40 BANKERS WERE "FIRED", NOT ARRESTED, AS ARRESTS OF THIS MAGNITUDE WOULD MAKE THE PAPERS AND HURT THE BANK AND THE SYSTEM.
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TNT:
ZTenor: Well TNT Gang....The longer I'm in this, with all I've read and studied I'm more convinced than ever that Iraq has been working feverishly to get out from under the corruption of Maliki, and they are about ready to show the world that Iraq is more than just sand to make glass with!! I'm excited because I don't think we've far to travel yet!!
ZTenor : coming out today with the 250 dinar being worth so many grams of gold which is equal to #3.22? wow! Something big is happening, and we is about to see it!!
ZTenor : Iraq was scolded for not revealing this on the 1st by IMF and WB.....I think they are running their legs off to get this out soon!
Ploganea: Bruce says that Iraq is being told to hold up. They have done everything they were to do but IMF/BIS etc had some things they wanted to do. He thinks those things were done this week.
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The below posts were in our 6pm newsletter
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WEALTHWATCH 1-8-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Friday OOTW Chat 1-8-16
chattels: Reidar Visser @reidarvisser 2hr 2 hours ago In sign of impatience with Iraqi politicians Shia clergy use Friday prayers to say "no real reform" achieved in 2015
www.alliraqnews.com/modul... ...
http://www.alliraqnews.com/modules/news/article.php?storyid=26467
Doug_W: that is like "tell us something we DON'T know"
MichelleL: hello friends
MichelleL: xe has the dinar at .00092 - first time I've seen it that high
MichelleL: ok, y'all have a great morning!
MichelleL: never mind, that " MichelleL: aberration went away, back to .00091 - later friends
Donnie: 9 Dec 2015 15:00 UTC - 8 Jan 2016 15:42 UTC USD/IQD close:1092.0 low:1092.0 high:1106.3
Donnie: last months range ] Donnie: just a drive by :)
Doug_W: drive Slow...
~~~
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TNT:
TennWolfMan: intel today is as quite as a cemetery
Crushr13: With China doing all that they are doing, and with the supposed announcement about Vietnam making a currency announcement in the next 48 hours (almost up now), and the 2 economies being so related by commerce, I wonder if the Vietnam announcement might be the trigger for all of this, with China at the indirect controls. Just a wild thought - just trying to put a few pieces together, somewhat intelligently.
OKRocks: crusher they are certainly connected but its when they really show it not when they say they will.... you know... lol
LAdyB22: Bruce said hopefully ..... the hold ups have all been sequestered.
Peaches1 : BREAKING: All major indexes turn negative; energy weighs as oil approaches 12-yr low
http://www.cnbc.com/
Luvwulfs : the way I see it all markets have to go to their real value, not the inflated value, before a reset. Just guessing
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KTFA:
Aggiedad77: Here are the notes from last night's CC Family....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 Thursday Dessert Notes 01-07-2016
Frank26: It's time to go into a little dessert. Let's get to work right away.
I would like to really quickly say hello to PMAC....you were asking about Vietnam....you brought a link onto our forum....a very good link by the way....Vietnam is growing without it's big brother telling it what to do...
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Emailed to Recaps:
From Martha: China stopped and leveled and actually added value to the yuan will be curious on IKO'S take on this.
This may have been just a warning shot and more to come.
Stock Market - from Martha
It's 4 am and I'm surfing around and am concerned at what I see. All is quiet again. China closed without further fanfare and at present European markets are all up.
The US markets will probably follow suit, so was this just a minor correction or is there more to come Sunday night?
Is this enough to shock the world markets or are we in for more?
Yes China removed the breakers but didn't drop down but leveled. They also increased the value of the yuan.
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