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10am October 20th, 2016

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Table of Contents

Dinar Updates Wednesday PM Chat  10-19-16   Part 2 of 2


Post From Dinar Updates
Chat Room Excerpts & Highlights
Rcookie / Mr White & Hutch News Time  
david334 says to hutch():At what does the curreny value inhibit the post war growth plan and execution of the business plan ?
 
hutch says to david334():ITS HAPPENING NOW !!!!!!
david334 says to subgirl():I know I appreciate that I really do . It is a control mechanism stops a free for all.
 
JustNTime says():are they going to talk about the article on deleting the three zeros.
hutch says to JustNTime():COMING UP !!
JustNTime says():ok thanks
david334 says to subgirl():I am good Hutch
 
david334 says to hutch():Foreign capital flows is sophisticated money,Is there an education / marketing process that needs to happen so these investors can touch and feel the solid framework?
 
david334 says to hutch():Beautiful
jimplants says():workshops for the last two years
david334 says to jimplants():Right
...

Dinar Updates Wednesday PM Chat  10-19-16   Part 1 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights


Rcookie / Mr White & Hutch News Time 

DU Member Chat Before / During & After News Call

Recommended  listening to call along with reading chat log for questions / answers / comments  -- Call will be posted as soon as available
 
1bobby says():146.5 million dollars of foreign exchange by the central sales
 
1bobby says():   Oil Minister hosts parliamentary power and looking for ways to promote the private sector oil and gas utilization
 
2016/10/19 17:01  [In Baghdad]   Oil and gas Commission hosted and parliamentary power, oil Minister Jabbar allaibi, and discussed ways to improve the oil sector and take advantage of the dry and liquid gas, relying on national effort to benefit from innovative fields.
 
According to a statement by the Representative received citizen mass notification all Iraq [where] a copy of it on Wednesday, "the oil and gas Committee member and parliamentary power Aziz publicly hosted Jabbar oil Minister allaibi and Deputy Ministry for distribution two managers within the Commission during the meeting was to discuss the strategic plan of the Ministry of oil and of intensifying all efforts for the advancement of the oil sector."
 ...

News, Rumors and Opinions Thursday Morning 10-20-16

WSOMN:


ADMINBILL:  THURSDAY, OCTOBER 20, 2016 (3:40AM MDT)

LAST NIGHT WAS FUN. THE DEBATE WAS A HOOT. WE LEARNED A LOT ABOUT THE TWO CANDIDATES AND THEIR IDEAS. THE THE OTHER TWO DEBATES WOULD HAVE BEEN RUN A FRACTION AS WELL THERE WOULD BE NO QUESTIONS IN OUR MINDS ABOUT WHO THEY ARE AND WHERE THEY STAND.

AS I SAID IN THE WSOMN CHAT ROOM YESTERDAY THE NEWS I AM HEARING IS VERY ENCOURAGING. I DO NOT WISH TO SPEAK OF WHAT I WAS HEARING OTHER THAN TO SAY MR. B INDICATES WE ARE VERY NEAR.

LOOK FOR THE RMB TO BECOME GOLD BACKED AND THE ANNOUNCEMENT STATING THAT HAS TAKEN PLACE AS ONE OF THE INDICATORS WE ARE VERY CLOSE.
....

The below posts were in our 10pm Newsletter

Stevel:  "Project To Delete The Zeros" Discussion

Post By Stevel: Greeting folks. 

Here is an article sent to me and think it is worth posting or discussing.
 
The central bank project to delete the zeros will be implemented in early 2017
 
And independent Iraqi news agency and /. X
 
The governor of the Iraqi Central Bank, on Thursday, said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.
 
And he said: " The aim of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency", returned him as a "strategic project that will serve the country 's economy."
 ...


The Implosion Of American Culture By JC Collins

Update:  The Trump for President movement, and the massive backlash coming from the political and media establishments against that movement, could very well be the implosion of culture which was suggested in the article re-published below. 
In the original piece I stated the following:
 
"As use of the dollar levels off and begins to recede into the blend of multilateral currencies, the culture that grew up around it will also recede and implode back into the place from where it originated."
 
It is no wonder that the Trump movement, and its fragmentation of the American establishment structure, is turning into a nationalist movement, as that is exactly what would be expected as the power base in the world begins to be shared among other major players.  Trump states that other countries will have to "pay their share".  

This is exactly what a shift in the international power base would entail.
  Global socioeconomic consolidation will be packaged and sold through a campaign of nationalism.  Trump could very well represent America's "fall of the Berlin Wall" moment.  -JC  
...  


Dinar Updates Wednesday AM Chat  10-19-16   Part 3 of 3

rcookie says():  wealth vamal      Posted By editor             
Economy News / Baghdad ...  Information Office of the Prime Minister, announced that the Council of Ministers decided to approve the subjection of goods imported from all countries of customs duties, noting that this was due to "dumping" the domestic market of imported products and to protect the national product.
 
Information Office of the Prime Minister said in a statement seen by "Economy News", that "due to the sinking of the domestic market of imported products and to protect the national product Council of Ministers decided at the request of the Minister of Industry and Minerals and agency approval of the subject goods imported from all countries of the fees of customs based on the protection products Act Iraqi. "
 
He said the office, that "the Council decided to ratify the minutes of the committee formed under the Council of Ministers directed a number 25044, dated 09.20.2016 contained the Book of the Ministry of Finance with the number 1936, dated 18.10.2016 containing the increase of customs duties for certain goods in the minutes of the committee ".
 
rcookie says():Cabinet approves subjecting imported goods tariffs ^^^^^^^^^^^^^
 ...


Dinar Updates Wednesday AM Chat  10-19-16   Part 2 of 3

rcookie says():Parliament voted to abandon the law of nationality acquired discusses prevent the spread of weapons Occlusive voice today
 
Author: HH, NS Editor: HH, NS 19/10/2016 09:25 Number of Views: 610
 
Long-Presse / Baghdad   Hold the Iraqi Council of Representatives, on Wednesday, 23 of its first legislative term of the third legislative year, while the meeting will vote on two bills, one to abandon nationality acquired, and others discuss the most prominent laws prevent the use and spread of silenced weapons.
 
She said the information office of the parliament, in a statement received (range Press), a copy of which, "The House of Representatives will be held at 11 am, this morning, its the 23 of the first legislative term of the third legislative year," indicating that "the agenda of the meeting includes a vote on project abandon acquired citizenship law, and vote on the draft law on ratification transfer of sentenced persons between the Government of the Republic of Iraq and the Government of the United Kingdom of Great Britain and Northern Ireland and the Convention on the Law. "
 ...


Dinar Updates Wednesday AM Chat  10-19-16   Part 1 of 3

Ame96 says():so the Hydro carbon law has been submitted Eh?
subgirl says to Ame96():yep that is my understanding... :)
 
Ame96 says():along with the rest of the budget
Ame96 says():Git er dun raq
 
subgirl says to Ame96():praying it all gets voted on today! hope they make quorum...
Ame96 says():me too ALL my fingers and toes are crossed
subgirl says to Ame96():lol
 
Ame96 says():legs arms eyes ......well U git the idear
subgirl says to Ame96():lol
subgirl says():GM to you rcookie :)
 
rcookie says():WHAT.....
Ame96 says():WHO   WHEN
Ame96 says():Where
 ...


The below posts were in our 6pm newsletter
 
WSOMN:

ADMINBILL :  WEDNESDAY, OCTOBER 19, 2016 (11:00AM MDT)

WELL, WELL, WELL...CAN YOU BELIEVE IT? NO RV.
 
IRAQ CONTINUES TO MAKE PROGRESS AND THEIR 2017 BUDGET IS ABOUT TO BE APPROVED. IN THE PAST WE WERE ALWAYS TOLD THAT WOULD BE A DEAL MAKER. NEVER DID THOUGH.

NOW WE HAVE JUDY B. CLAIMING PAUL RYAN IS THE PRESIDENT OF THE REPUBLIC. WHO MAKES UP THIS STUFF?

PAUL RYAN IS PART OF THE ESTABLISHMENT! NOW I ASK YOU...WHO DOES THIS MAKE SENSE TO?

ON THE TOPIC OF CALLS...AND BEFORE YOU ASK I DO NOT LISTEN TO CALLS, MY SCHEDULE DOES NOT ALLOW IT AND I HAVE HEARD IT ALL BEFORE.

I DO APPRECIATE THOSE WILLING TO DO THE CALLS WHEN THEIR INTENT IS TO INFORM AND CALM WITHOUT GIVING RATES AND DATES.
....

My Ladies Wednesday Afternoon 10-19-16: "What Are Emerging Markets?"

Thanks My Ladies for sending this to us today:

MY LADIES:  WHAT DO WE THINK ABOUT CONTRACT RATES RUMOR TELL AND EMERGING MARKETS??
 
GOOD AFTERNOON DINAR FRIENDS. TODAY IS OCTOBER 19TH AND THE WAIT IS STILL ON AND THE EXCUSES ARE STILL COMING IN.

I'M POSTING NOW ON EMERGING MARKETS AND HOW THEY WORK ON MY BLOG SITE AND FOUND THIS TO BE OF INTEREST AND WANTED TO SHARE IT WITH YOU

ALL. THE TALK IN THESE DINAR ROOMS IS STILL ABOUT HIGH RATES AND CONTRACT RATES AND I WHILE I AM NOT GOING TO TELL YOU WHAT TO BELIEVE I DO WANT YOU TO UNDERSTAND HOW MARKETS AND CURRENCY PRICING WORK.

SO LET'S HAVE A LOOK AND SEE IF THIS BIT OF INFORMATION IS USEFUL TO ANYONE OUT THERE OK.
 
WHAT ARE EMERGING MARKETS?
....
 
KTFA:

Frank26:  Another IMF Requirement for the MR being done ................... Good.

Walkingtick:  The government issued a system of deposit protection .. Parliament seeks to enacted law "enhance confidence" in the banking system

http://almadapaper.net/ar/

EHankins:  HI FRANK....THIS IS A GREAT LAW TO ENHANCE TRUST OR LIKE THE ARTICLE SAYS...CONFIDENCE IN THE BANKING SYSTEM.

DO YOU HAVE ANY FURTHER INTEL ON THIS SUBJECT? MEANING ARE THE CITIZENS SMILING AT THE BANKS/ABADI WITH A KNOWING TRUST?

AS IRAQ LITERALLY COMES TOGETHER KICKING DAESH'S DONKEY OUT AND THE DINAR STRENGTHENING, COMMODITIES, COMMERCE, TRADE,  I WOULD THINK THE CITIZENS WOULD ENTER THE BANKS SKIPPING AND SMILING...

LOOKING FORWARD TO THE CC TONIGHT.....OHH YEA!!!
....

 
Post From Dinar Updates
Chat Room Excerpts & Highlights

Rcookie / Mr White & Hutch News Time 10-18-16  Part 3 of 3

rcookie says():THEY OUTLINE CAPITAL FLIGHT OUTSIDE BORDERS IMPACT ON ECONOMIC AND GDP GROWTH AND USE OF INVESTOR CONFIDENCE AS AN EFFECTIVE MONETARY POLICY TOOL....
 
rcookie says():THEY FURTHER TALK ABOUT CAPITALIZING ON THE THREAT OF FROZEN ASSETS IN OTHER COUNTRIES AND USE TO ENCOURAGE RETURN OF MIGRATORY IRAQI CAPITAL....
 
THIS IS A CASE OF THEM CAPITALIZING ON THEIR RECENT WHITE LIST STATUS!!!!!!...
 
WHICH BY THE WAY YOU FOLKS KNOW 10 TIMES MORE THAN THE GURUS WHO USE THE TERM AND HABE NO IDEA WHAT IT MEANS...
 
NEED OF FERTILE INVESTMENT CLIMATE TO ATTRACT FDI AND IMPROVE ECONOMIC GROWTH...AND ENCOURAGE CONTINUED FISCAL DISCIPLINE MEASURES LIKE EXPENDITURE & PUBLIC SPENDIN G CAPS AND DEFICIT REDUCTION...
 
WE ARE GOING TO DELVE INTO MUCH FURTHER ON CALL TOMORROW....
 ...


Post From Dinar Updates
Chat Room Excerpts & Highlights

Rcookie / Mr White & Hutch News Time 10-18-16  Part 2 of 3

daytrader says to hutch():Looking back at the article that said the Deposit Insurance Act was pulled from Parliament, it looks as though the COM determined a law was not necessary, and the GOI portion of the funding would be covered under the budget as an operating expense. Do I have that correct?
 
rcookie says to daytrader():IT WAS...BROUGHT H\THAT IN THE OTHER DAY...THEY ARE TALKING SPECIFICALLY ABOUT DEPOSIT INSURANCE COMPANY WBICH WILL EXECUTE AGAINST CBI POLICIES...ACTIONS...AND OVERSIGHT
 
daytrader says to rcookie():Perfect. That would mean the insurance is in place now?
 
rcookie says to daytrader():NOT A SPECIFIC CHANGE OR ADDENDUM TO LAW...BUT RATHER CBI SPECIFIC ACTIONS AND OVERSIGHT..
 
YES SIR...THATS WHY SUCH GREAT NEWS!!...
 
daytrader says to rcookie():Great!!! Thanks
 
rcookie says to daytrader():NOT WAITING FOR LAW...ALREADY EXECUTING....  GREAT POINT!!..
 ...


Post From Dinar Updates
Chat Room Excerpts & Highlights

Rcookie / Mr White & Hutch News Time 10-18-16  Part 1 of 3

NEWSTIME WITH RCOOKIE, Mr. White and HUTCH, Tuesday, October 18, 2016
 
hutch says():OK LETS GET THIS PARTY STARTED !!!
hutch says():THANKS FOR THAT BEAUTIFUL PRAYER AS ALWAYS SUBBY !!
 
subgirl says to hutch():your welcome
 
hutch says():THANKS MS MAGS FOR COPYING AND COLORING FOR US !!!
 
magnetlady says():NO problem Hutch, Love doing it.
 
hutch says():TONIGHT.....WE ARE GOING TO BRING IN NEWS, MAKE SOME COMMENTS AND THEN DO A OPEN Q&A ! HERE WE GO !!!!! HI RCOOKIE !!!
 
rcookie says to hutch():HUTCHSTER.....GOOD EVENING!!
 
hutch says():ANY QUESTIONS BEFORE WE GET STARTED???
 
david334 says():Just wanted to say that the forum news flow guys and gals has been superb      Thank you guys
 ...
WSOMN

Fathertime: In Abadi's latest tweets, he stated that they will get their 2nd installment of the IMF loan. I believe in order to receive that, they need an international live rate......any thoughts?????

Sorry it wasn't a tweet, it is an article that Saleh, Abadi's advisor says they will receive 634 million from IMF in the next 10 days

RaginCajun: FATHERTIME- IF THEY GOT THE FIRST PART OF THE LOAN WHAT MAKES US BELIEVE THEY NEED A INTERNATIONAL RATE FOR THE SECOND PART OF THE LOAN

Fathertime: Ragin. According to the guidelines that the IMF put out

RaginCajun: FATHERTIME- BASED ON THAT, THEN WE SHOULD SEE A RATE
....