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6pm October 20th, 2016

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Table of Contents

Frank26: I don't know how long it will take to get Mosul...but I do know that Mosul will manifest the Monetary Policy...and I love the fact that it is slowly coming about IMO.

Let me give you an example....you can see this by the way if you want to, it is post 4 on today's thread...."Banking Reform the Beginning of Economic Revival".......they are doing something with the banks of Iraq that is causing them to restart....to kick in....to regenerate....could it be a Transitional Rate.....

"Iraq Needs a Well Developed Banking System"....they need to develop their skills in accordance with the international banking standards and Basil III....why....did you guys do something that you haven't told us....because you don't need these things for a program rate...that is like giving keys to a convict while he is wearing handcuffs....why would you set them free and ask for these things for their banking structure.

"They are Preparing a Five Year Development Plan in Cooperation with Their Government, Private Sectors and Banks"......you don't have any liquidity....what are you guys doing.....they are buying insurance for all these banks to insure their depositors so when they come their money will be well secured....well who cares for toilet paper....they don't even bring it into the banks....what is going on that is so obvious.
....
Read More

KTFA:

Aggiedad77: Hello Family here are the notes from last night's CC...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 for Wednesday 10-19-2016

Frank26: We now walk into the study of this currency that we are involved with....these are interesting times Family with our investment...would you say.

I create windows....I create time frames.....we even sometimes create scenarios....so we can explain things like 2 by 2 by 2 plus one week...that actually brought us at what we are into right now....we completed the second week and we are walking into the third week of October...and many of you that took good notes....you remember very clearly that we told you that IMO I felt around the 15th of October or just after that date the battle of Mosul would be completed....or start.....
....
Read More

Islandg1211 Thursday PM: "WTO Website Compares Iraq and Afghanistan"

Thanks DinariDori for sending this to us today

Islandg1211 - WTO WEBSITE COMPARES IRAQ and AFGHANISTAN
 
There have been many times some Dinar "Guru" makes the comment that Iraq's ascension to full membership of the World Trade Organization is imminent. Please, just look at the WTO website and compare Iraq and Afghanistan to understand why Afghanistan became a member this summer and Iraq has not even though both started the process at the same time.
 
The WTO has a well structured path to membership with each step well defined.
 
Afghanistan went through the process with all their Working Group reviews.
 
Iraq started the process under the Bush Administration, then stopped.
....

Mnt Goat News Brief October 19, 2016 - Part 2 of 2

1 Comment

Maybe in the end result this was a very good thing since was Iraq really ready to move to an international currency? 

Did Iraq first need banking laws, to rid itself of the corruption and get all the other necessary laws in place, i.e. tariffs, HCL, Accountability and Justice, etc.? I don't have all the answers but I do know that Iraq would have been much better off without Nori al-Maliki at the helm and we must put the blame where it belongs for the USA supporting this guy. It just seems a waist of 8 years to me as a result.

 
Just one more thing on this topic.

Mnt Goat News Brief October 19, 2016 - Part 1 of 2

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

Mnt Goat News Brief October 19, 2016 - Part 1
Hi Everyone,
I am very sorry for the long news letters. I really tried to make a new format and simplify it, even calling it "News Brief". But there is much more to tell you than a date and a rate and so this has been and will continue to be the purpose of my news letters - to bring you No Rumors, No Hype, just the FACTS.
 
I also want to say I may simplify as I bring you some of this news today. However, you will get my point. I need to keep the news letter to a minimum number of pages.
 
I hope everyone is watching the drama being played out with the battle for Mosul? 
Dial in replay
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From DinarUpdates.com

77 Minute Call

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

 
TNT:

ALLonghorn:  Question: We have been told for weeks that Iraq is not the final decision in the RV yet we are getting constant news about the ISIS or does Iraq have to become whole again in order for the RV to take place?L front in Iraq and how that is going. Am I missing something

BeachCindy:  This is called the GCR (GLOBAL Currency Reset) for a reason .... not the Iraq Currency Reset ... look to the larger picture ... 209 countries involved ... even 'way back tony/DC said Iraq had done all it needed to do, that laws would always be changed as they run their country just like US, but none necessary for GCR....

Remember Tony emphasized the importance for all of us to read and understand "The Creature from Jekyll Island" ... ask yourself why Tony believed that understanding on our part was so important to this process.
....

The below posts were in our 10am Newsletter

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
 ...