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10am October 25th, 2016

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Table of Contents


FrostyTheSnowman:  Here's tonight's HIGHLIGHTS ...

*** 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!!! ***
 
Tonight's call began by playing three Christmas Carols:
 
#1 - "White Christmas"
 
#2 - "It's Beginning to Look a lot like Christmas"
 
#3 - "Chestnuts Roasting on an Open Fire"
 
Frank26:  What is the CBI doing?  Can you keep a secret?  It seems to me, that those inside of the CBI are keeping good secrets - (the best that they can).
....

Dinar Updates Monday PM Chat  10-24-16   Part 3 of 3

Post From Dinar Updates
Chat Room Excerpts & Highlights


rcookie says():International coalition waging intense raids unprecedented in the first week of the Battle of Mosul
 
Monday 24-10-2016 | 9:10:49  Twilight News / announced US Special Envoy of the President to the international coalition in the war against al "Daesh" terrorist Brett Mcgork, on Monday, the alliance launched during the first week of the military campaign to regain Mosul Daesh, intense raids in an unprecedented way since the start of strikes on the militant group over two years ago.
 
Mcgork wrote on his page on the social networking "Twitter" tweet site, seen by The Twilight News, that the coalition forces since the 17th of the month of October being directed in 1776 a missile at the terrorists "Daesh."
 
He Mcgork that these attacks have resulted in the destruction of 136 locations for terrorists targeted 18 tunnels and 82 vehicles carrying 26 wheel and 60 pieces of weapons and mortars.
...

Dinar Updates Monday PM Chat  10-24-16   Part 2 of 3

Post From Dinar Updates
Chat Room Excerpts & Highlights


eman4u55 says():did we find out if this was true or not ??? ( dinar will see over the next few days, a significant rise in price against the US dollar )

ogg says():well?

eman4u55 says():echo echo !!!! what ... everyone at the bank

ogg says():i guess we r not in the n crowd lol
 
eman4u55 says():thats ok let them set the deal and we will get in and out
ogg says():no help what happened to family?

ogg says():HELLO!

Elane says():Comfortably numb lol
ogg says():did we find out if this was true or not ??? ( dinar will see over the next few days, a significant rise in price against the US dollar )
 
subgirl says to ogg():we are waiting to see if it is or not... :)
subgirl says to ogg():how's that? lol
...

Post From Dinar Updates
Chat Room Excerpts & Highlights


rcookie  says():AUCTIONS AT $157 MILLION....
rcookie says():Federation Announces edit 62 villages and killed 400 of the element (Daesh) south of Mosul
 
Author: TT Editor: AZ 10/24/2016 19:25 Number of Views: 40
 
Long-Presse / Baghdad   Announced that the federal police headquarters, on Monday, freeing 62 villages of the total 80 villages from the control of the organization (Daesh) within the axes in the battle to liberate Mosul (405 km north of Baghdad), as indicated to the control of the security forces on 56 oil wells and continued progress towards the ailing bath southeast the province, confirmed the killing of 400 element (Daesh) over the past seven days.
 
Lt. Gen. Raed Jawdat, said in an interview with (long-Presse), that "the military of our units is continuing to progress within the three axes, a west of the Tigris River, and east of the road to Baghdad - Mosul and west of Baghdad Road - Mosul," noting that it "has been edited 62 village of the total 80 villages within those themes. "
...

Bits and Pieces in Dinarland Late Monday Night 10-24-16

1 Comment

WSOMN:


ADMINBILL:  4:25 PM MDT

GOOD AFTERNOON ROOM. LET ME SHARE WITH YOU MY OPINION ON THIS RAINY DAY IN UTAH. IT IS SIMPLY THAT I AM NOT HEARING ANYTHING OF SUBSTANCE AT THIS POINT IN TIME THAT LEADS ME TO BELIEVE WE ARE NEAR AN RV THIS MONTH AND PERHAPS THE REST OF THE YEAR AS WELL.

THE NEWS STORIES FROM THE USA AND IRAQ DO NOT INFER AN RV IS IMMINENT. I DO NOT SAY THIS TO BRING ANYONE DOWN BUT TO SUGGEST THAT YOU DO NOT RIDE THE UP AND DOWN ROLLER COASTER.

THIS IS NOT DOOM AND GLOOM. IT IS THE REALITY OF LIFE. I WOULD BE HAPPY TO WRONG BUT I AM NOT HEARING ANYTHING THAT SUGGESTS AN RV IS HAPPENING THIS WEEK OR NEXT. COME ON PEOPLE. MY SAYING IT WILL HAPPEN SOON WILL NOT MAKE IT SO.

DRL:  Admin Bill, can you elaborate on what brings you to this conclusion?
....

The below posts were in our 10pm Newsletter

2017 Budget Of 100 Trillion Dinars  Part 3 of 3

Rcookie Post On 2017 Budget
rcookie says():Article -19- 
A non-appointment to the state leadership positions [director and above] unless there is a law degree at the ministry or organization is not related to the Ministry or Works office instructions.
 
B-referred employee degree [director and above], which does not manage to form an administrative level Directorate General and older to retire according to the Uniform Code of retirement immediately after the entry into force of this law or transferred to another department when you have a vacancy that commensurate with the job title and the approval of the transferee to it.
 
Article -20-
Dues are calculated foreign companies operating in the Kurdistan region for the purpose of extracting oil from within the region 's share amounting to [17%].
 ...

 

2017 Budget Of 100 Trillion Dinars  Part 2 of 3 

Rcookie Post on 2017 Budget 

rcookie says():-karz Japanese International Cooperation Agency [JICA Event] the amount of $ [1500] million [thousand five hundred million dollars and will be financed in the amount of [300] million [three hundred million dollars] in 2017, for the purpose of financing projects for the ministries of oil, Construction and Housing and Municipalities and Public Works , water resources, electricity, industry and minerals, health, communications, transportation, and all of the Ministry of Health and the electricity of the Kurdistan region.
 
-karz Development Bank of the German [KFW] the amount of $ [500] million euros [five hundred million euros] Pmaiedl [600] million [six hundred million dollars, the amount of it [190] million [one hundred and ninety million dollars] to finance the reconstruction of liberated areas projects from terrorism to 2017.
 ...

 

2017 Budget Of 100 Trillion Dinars  Part 1 of 3

rcookie says():House of Representatives hearing
2017 budget of 100 trillion dinars and a deficit of 21%
 
Author: MK Editor: AZ 10.24.2016 16:28 Number of Views: 16
 
Long-Presse / Baghdad  Parliamentary Finance Committee announced on Monday that the size of the budget for the year 2017 amounted to 100 trillion dinars, and while noting that the volume of oil revenues, which will reach 67.5 trillion and the deficit reached 21%, confirmed approval within the constitutional period specified.
 
The committee member said Masood Haider in an interview with (long-Presse), that "the general budget for 2017 amounted to 100 trillion revenues of oil estimated at 67.5 trillion and 11.6 trillion in non-oil revenues and a deficit of 21%," adding that "the total foreign loans in the budget is 5.6 trillion Dinar".
 
He said Haider, that "the oil production ceiling in the budget amounted to 3.75 million barrels, including 550,000 barrels of the Kurdistan region, pointing out that" the price of a barrel estimated budget was $ 42.
 
He said Haider "It is expected that the adoption of the budget during the constitutional period specified."
 
The head of the House of Representatives Saleem al - Jubouri, announced on Sunday, all assume the presidency of the parliament finance the budget law for next year 2017, as amended by the Council of Ministers, in the face inclusion on the agenda of the meeting of 25 scheduled, on Monday.
 ...

 

From Islandg1211 - CBI ANNOUNCES RAISING THE VALUE OF THE DINAR 

( Thank you Denaridori for emainlng this to Dinar Recaps.) 
From Islandg1211 - CBI ANNOUNCES  RAISING THE VALUE OF THE DINAR 
Good to see a new RV Article!! It's been awhile - not since ISIS, has the CBI made any serious announcement of raising the value of the Dinar.

The IMF's two LOIs, both last December and June, mapped out steps for the CBI and the Minister of Finance to take in order to receive the loans.

In the December LOI, the IMF projected that Iraq would join the international world "by mid-year." That was curious because the plan to rid Iraq of ISIS was also being formulated on a timeline with Mosul scheduled for liberation Oct-Winter.


The below posts were in our 6pm newsletter

My Ladies Monday 10-24-16: "This Article is Not What it Seems"

Thanks My Ladies for sending this to us today:

CENTRAL BANK TO RAISE THE PRICE OF THE DINAR AGAINST THE DOLLAR!!
 
MY LADIES:  WOW!!! HOW EXCITING IS THAT HEADLINE?? THE END MUST BE NEAR, THE RIDE MUST BE CLOSE TO OVER.

THIS IS WHAT YOU ARE BEING LED TO BELIEVE AND THIS ARTICLE IS GETTING SO MUCH TRACTION IN THE DINAR ROOMS. BUT PLEASE BE VERY CAREFUL BECAUSE WE HAVE SEEN THIS BEFORE OVER AND OVER AGAIN AT LEAST ONCE A YEAR FOR THE LAST 5 YEARS.
 
FOR THOSE OF YOU THAT HAVE BEEN HERE FOR YEARS THIS HEADLINE SHOULD BE ROLLING OFF YOUR BACK LIKE WATER ON A DUCK.

FOR THOSE THAT ARE NEWLY IN HERE PLEASE DO NOT BUY THESE WOLF TICKETS. PLEASE DO NOT BUY CURRENCY, PLEASE DO NOT CREEP TO THE EDGE OF YOUR SEAT PLEASE DO NOT QUIT YOUR JOB IN THE EXPECTATION OF BEING A ZILLIONAIRE BECAUSE THIS ARTICLE IS NOT AT ALL WHAT IT SEEMS.
 
THIS WAS POSTED IN MY ROOM LAST NIGHT AND HERE IS MY RESPONSE
....
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Monday AM Chat 10-24-16 Part 3 of 3

rcookie says():HE ASSERTS THAT BONDS AFFECT MONETARY POLICY & VARIABLES ON INTEREST RATES AND THE PRICE OF LOCAL CURRENCY EXCHANGE RATES OF INFLATION...

AND ALLOES FOR BROADER APPLICATION OF CBI MONETARY POLICY MANAGEMENT ACTIONS AND INSTRUMENTS...

rcookie says():HE ALSO ASSERTS THESE BOND MARKETS EXERTING IMPORTANT ROLE OF PROVIDING SHORT TERM LIQUIDITY TO THE MONEY MARKET...AND IMPLEMENTATION OF MONETARY POLICY...

HE OUTLINES THE POSITIVE REFLECTION OF IRAQS FINANCIAL STRUCTURE AND INTEGRATING THE BANKING SECTOR AND STOCK MARKET...

AND STABLE INVESTMENT ENVIRONMENT IN ALL SECTORS AND SOLID FINANCIAL INFRASTRUCTURE.,...
...
Read More

Post From Dinar Updates
Chat Room Excerpts & Highlights

Dinar Updates Monday AM Chat 10-24-16 Part 2 of 3

rcookie says():Parliamentary threatening to disclose the names of mafias and corruption in the Ministry of Commerce
Department:Published on the political scene: Today, 12:10 Number of views: 910

BAGHDAD / Sky Press Threatened MP Alia Nassif reform front, on Monday, to disclose the names of mafias of corruption in the Ministry of Trade, while appealed to Prime Minister Haider al-Abadi not to allow frustrated the efforts of the Ministry of Commerce to carry out fundamental reforms in the ministry staff from Central grades Kalmdra years and assistants.

Nassif said in a statement received "Sky Press," that "mafia network of corruption in the middle layer of the Ministry of Commerce officials returned today to exercise its suspicious, and we have documented information about a group of people who were brought and they have indications of corruption and who are preparing the floor of corruption in the ministry, and we'll show all these documents during interrogation. "
...
Read More

Post From Dinar Updates
Chat Room Excerpts & Highlights

Dinar Updates Monday AM Chat 10-24-16 Part 1 of 3

rcookie says():Iraqi parliament begins legislation of the country's budget for 2017

Monday 24-10-2016 | 12:34:06 House Alaraca..r-n h d Twilight News / Presidency of the Council of Representatives began the first reading of the draft federal budget for the 2017 law.

Said House Speaker Salim al-Jubouri, on Sunday, all assume the presidency of the parliament finance the budget law for next year 2017, as amended by the Council of Ministers.

He announced the Prime Minister Haider al-Abadi, on Tuesday (18 October 2016), send the draft budget to the 2017 Act to the House of Representatives after making amendments to it, as he emphasized that the project included the previous agreement with the Kurdistan Region, while pointing to an amendment to the draft general amnesty law.
...
Read More

Message From AngelQuest Monday Afternoon 10-24-16


Thanks AQ for sending this to us today:

AngelQuest:  My Friends,

It has been a while since I stated anything and I vowed I would not unless it was needed.
Most of you have now been in this for well over 5 years.

REMEMBER when you rushed to get the currency because it was going that weekend?

REMEMBER the word SOOM

REMEMBER staying up late at night because you wanted to see it come in?
 
What were we thinking?
....

When Does 'Too Much Oil' Become The Problem?

When Does 'Too Much Oil' Become The Problem?

By Paul Ausick   October 21, 2016 12:45 pm EDT

Until about 2008 or so, discussion about the future price of crude oil was directed by the concept of peak oil. That is, when does the world reach peak production, after which the price of crude will skyrocket.
 
In less than a decade, the discussion is now focused on the concept of "peak demand," the point at which global demand for crude begins to decline.

More News, Rumors and Opinions Late Monday Morning 10-24-16

WSOMN: 

ADMINBILL:  MONDAY, OCTOBER 24, 2016 (10:00AM MDT)

NOTHING NEW TO REPORT THIS MORNING. SLEPT IN FOR ONCE.

THE DAY (AND WEEK) IS STILL YOUNG WHICH MEANS WE ARE RIPE FOR SPECULATION AND RUMORS AS IS TYPICAL FOR MONDAY.

HOWEVER, MUCH HAS GONE ON IN IRAQ TO GIVE US HOPE SO WE COULD ACTUALLY SEE GOOD THINGS OCCUR.

IF MR. B AND SCOTCHIE ARE ON-BOARD WITH WHAT THEY ARE HEARING AND READING WE MAY HAVE A WINNER.

TO PARAPHRASE MR ROGERS THIS MORNING...HAVE A GREAT DAY IN YOUR NEIGHBORHOOD TODAY AND THROUGHOUT THE WEEK.
.....
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday Late PM Chat 10-23-16

daytrader says to BGG():The IMF uses BASEL formulas to determine the value of a currency. They most likely would not allow a country to have a rate that is lower rate than its true value. It would give that country an unfair advantage in the world markets.

MadDScout says to magnetlady():You're welcome and thank you

BGG says to daytrader():Great comment - at about a buck, I don't think that would be the case.
BGG says to daytrader():IMHO

daytrader says to BGG():I agree.
sheila3 says to BGG():thank you :)

BGG says to daytrader():however, there has to be some "qualifier" to that - since it is widely recognized the IQD is "grossly under-valued"...

BGG says to daytrader():and it could be - the "stick" in these recent goings on... was...
BGG says to daytrader():either get right or they would be "black-listed" FOREVER. I heard those rumblings...
...
Read More