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10am October 6th, 2016

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Table of Contents

News, Rumors and Opinions Thursday Morning 10-6-16

WSOMN:

AdminBill:  INTERESTING TIMES WE LIVE IN..... LET US SEE WHAT THE DAY BRINGS...NOTHING YET TODAY BUT THE NEWS FROM WEDNESDAY REMAINS UNCHANGED.


Kingdomwarrior72:  O's speech was about the Climate Change Agreement.... have not found anything about O announcing anything about gold backed currency! Where are people hearing this?

SouthernGal58:  It is my understanding the RV is buried somewhere deep in the Paris agreement. This may be the video people are referring to, where Obama talks about the treaty@wingitcall: https://t.co/90z4u6g9Am/s/PY2e    Sent out by Wingit.

Curley:  Right it's just like the price of gold was hidden in Obama care

SouthernGal58:  He (Obama) says today this agreement goes into affect. I've heard/read various people say this is one of the big things they're looking for, and that when the Paris agreement goes into affect The GCR has to happen. That is not me saying that,,,

I've just heard some people say that and I can't remember if it was on a conference call or if it was people in various forums saying that. So I'm not calling it myself!
....

Frank & Member Highlights & Excerpts  10-5-16  Part 2 of 2

Post From KTFA

Frank26:    Once in awhile a cluster of info lands in front of us. Right now .......... Things are interesting.

For example i did not SHARE tonight that the WHITELIST was scheduled to go into affect in first qt of 2017.
 
But it went three months ahead of plans.     Why?
 
Take tonight's CC NOTES and combine them with this extra DESSERT ............. Then ............ Think.
 
Tonight's CC was Nitro ........... But it looks like my message was not as assimilated as i wanted to accomplish. No matter ............... Time will stand for us.
...

Frank & Member Highlights & Excerpts  10-5-16  Part 1 of 2

Post From KTFA

Circuitrider:   The IMF currency basket  that sets the value of the Special Drawing Rights  (SDR) is determined as follows:

"The 2015 Review-Currency weights
 
The IMF also adopted a new formula for determining currency weights in the SDR basket to address long-recognized issues with the formula that had been in place since 1978. The adopted formula assigns equal shares to the currency issuer's exports and a composite financial indicator.
 
The financial indicator comprises, in equal shares, official reserves denominated in the member's (or monetary union's) currency that are held by other monetary authorities that are not issuers of the relevant currency, foreign exchange turnover in the currency, and the sum of outstanding international bank liabilities and international debt securities denominated in the currency.

The weights of the five currencies in the new SDR basket based on the new formula are listed below:
...

Compelling USA Recession Data


Notes From The Field - By Simon Black
October 5, 2016 Santiago, Chile
 
Here's some compelling data about the next recession

In the modern history of the US economy over the past seven decades, the longest period of time the country has gone without a recession was 10 years.
 
Since the end of World War II there have been 11 recessions in the United States of America, so the average time in between recessions is 6 years and 5 months.
 
The average length of recession was 336 days; the longest recession in modern history was 18 months in 2008-2009, and the shortest was 6 months in 1980.
 
And whenever a recession hits, the all-knowing, all-powerful Federal Reserve attempts to stimulate the economy by cutting interest rates, typically multiple times.
...

The below posts were in our 10pm Newsletter

Dinar Updates Wednesday PM Chat   10-05-16   Part 2 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights
Holly1 says to subgirl():Shihab al-Obeidi   And the State's obligations towards the IMF conditions Do not let you do all Maaguetranh
 
Holly1 says to subgirl():Tariq Sheikh Ali Ansari  System Avcsade fragile departments to Atvgah of the economy is something of cash flows, however, are corrupt to the bone loss of standards in the management of the economy helm defeat of clear scientific methodology because of its corrupt broken do not have any weight loss and considered distinct competencies and sat at the helm ignorant decision
 
Holly1 says to subgirl():Rashid al-Badri   Problem is the lack of vision of centralized plans economical at all ranges, as well as the absence of laws serve the citizen and the homeland, but parties and special interests, but about what you can contribute treatments first , there must be laws Social Security helps citizens that Aantzer function KnitThe Mer and therefore Akhvz of the operating expenses of the government,
 ...


Dinar Updates Wednesday PM Chat   10-05-16   Part 1 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights
Holly1 says():GE... EVERYONE JUST HERE FOR A MOMENT THOUGHT I WOULD SHARE THIS WITH YOU ...
 
Dollar exchange rates against the Iraqi dinar Hour....... YOU CAN FIND THEM ON FB ... THEY HAVE A BLOG SITE FOR QUESTIONS .... 132 Spring St., New York  Baghdad .....   +964 771 812 6444(F)
 
subgirl says to Holly1():  (F)Cool :) thank you Holly!!!
 
Holly1 says():I ASKED THEM ABOUT THE CHANGE OF THE DINAR
Holly1 says to subgirl()::-*
subgirl says to Holly1():what did they say???
jeffusa says to subgirl():hello cavity fairy
subgirl says to Holly1()::-*
subgirl says to jeffusa():Hello :)
 
Holly1 says to subgirl():UMMM NOT TO COOL WHAT THEY SAID
subgirl says to Holly1():oh ok Well... bummer!
 
Holly1 says to subgirl():Nadine Rose Yes...the dollar is greater than iraqi dinar....the new notes didn't change any more.. the Iraqi dinar will continue slip down because of don't find strategy planning to Central Bank of Iraq to treating as these conditions.... really God help the iraqi people
 ...


News. Rumors and Opinions Wednesday 10-5-16

 
WSOMN:

AdminBill:  WEDNESDAY, OCTOBER 5, 2016 (5:30AM MDT)(5:00PM MDT)

HEARD LATE LAST NIGHT THAT ONE OBSTRUCTION WAS YET TO BE WORKED THROUGH. KICKOFF NOW EXPECTED TO BE COMPLETED ON OR BEFORE THE 15TH.

5:00PM UPDATE

I HAVE BEEN INFORMED BY A SOURCE WHO WAS NOT EXCITED LAST WEEK WHO NOW IS. WHY?

BECAUSE THIS SOURCE, AND 10+ OF THE SOURCES ASSOCIATES HAVE BEEN NOTIFIED VIA AN OFFICIAL EMAIL TO STAND BY FOR TELEPHONE COMMUNICATION TO SET UP APPOINTMENT.

THIS COMMUNICATION WAS DIRECTED TO GROUP MEMBERS ONLY. 

OUR TURN IS NOT HERE YET. BE PATIENT.      BILL
....


KTFA Highlights & Excerpts  10-05-16  Part 2 of 2

 
Upstart:    BUDGET QUESTION........ Billions or Trillions?  
I listened to the Livestream  recording of the Monday CC and heard Frank say 90 Billion. Also clearly saying that the budget is in Dinars.  I accept that is "huge" as Frank said.  However, is it right ?
The reason I ask is that I read the Frosty notes and they confirmed what Frank said, but this morning it has changed in the main CC notes.
Here are two excerpts from the notes posted on page one of this thread, posts 3 & 4:
If the rate is in the budget ... like we feel that it is ... then the rate will be released before the budget is released.  It is a 90 Billion Dinar Budget, and I've told you, they are only expressing the figures in dinars and not USD's.   THIS IS HUGE!!!!!!!!!!!!!!!!!
 ...


KTFA Highlights & Excerpts  10-05-16  Part 1 of 2 

Don961 said (Post #11)  WS # 272 last thread  :
No interventions work of the central bank

* there are those who question the existence of interventions work of the central bank and the lack of control it?.

central bank is more institutions in the Iraqi state bowing to internal and external oversight, there is internal control and there is a committee independent audit from outside the central bank of people , professionals , accountants and lawyers, and there is an international audit office is one of four offices to scrutinize the world,
 
in addition to the Board of Supreme Audit, either external oversight is being conducted by the international Monetary Fund, the World Bank and the financial action Task Force, and the US Treasury, as well as the US Federal Bank.
...


The below posts were in our 6pm newsletter

Dinar Updates Wednesday AM Chat   10-05-16   Part 2 of 2

Post From Dinar Updates

Chat Room Excerpts & Highlights
Dinar Updates Wednesday AM Chat   10-05-16   Part 2 of 2
rcookie says():auction currency
*Are you continuing to work with the auction sale of the currency? Especially that there are those who say that it is one of the smuggled outlets?
 
Must put real descriptions of the phenomenon of currency sale and convert them out of the country and the process of smuggling, because the latter means that the person is transferred his money across the border without going through channels legal, financial and banking, which is not happening and what is happening now two cases,
 
the situation the first relating to the financing of foreign trade, as the Iraq imports all its needs, hence the source to cover the need for import to the dollar, is the central bank because it is unfortunately not for Iraq and other sources to the dollar, as if the investment, tourism or export of the private sector or others.
 
the second case relates to the transfer or movement or capital flight from within Iraq to the outside because of the political, security and economic conditions, and therefore the basis on which it is running the central bank principle is a legal and regulatory principle,
 ...

Dinar Updates Wednesday AM Chat   10-05-16   Part 1 of 2

Post From Dinar Updates

Chat Room Excerpts & Highlights

Dinar Updates Wednesday AM Chat   10-05-16   Part 1 of 2
rcookie says():Central increases the size of the sales of the dollar
 
5/10/2016 0:00 BAGHDAD / Hussein Tgb - Farah pumice raise the Iraqi Central Bank auction sales volume of currency to touch the local market need and the increasing demand for the dollar, and said the country 's financial situation is reassuring.
 
The head of the financial operations of the Central Bank d. Mahmoud Mohamed in an interview for the "morning", said one of the processors adopted by the Central lifted the sales volume to cover the shortfall due to public holidays , which was one of the reasons for the high dollar prices in the local markets as the currency auction stopped on holidays.
 
Saw the domestic market during the last period rising prices exchange for touching the barrier of 1310 dinars against the US dollar.
he noted that such a mechanism that will make the difference at the price between the central and local markets close one , despite the fact that the central aware that the size of the demand is greater than display currency auction.
 ...
10-5-16 Its been a couple of years that I gave out some suggestions on how to approach this thing that we want to see known as a revaluation and how to react when walking to the banks. I inform all that as our fathers use to say to never place all the eggs in one basket, meaning to create a different account for all currencies that you may have (ONE FOR EACH).

I also advise that if you do not know what you will be doing with one or all of your currencies or if you still do not have some kind of a trust, to create NON-BEARING ACCOUNTS for each currency to begin with. I also will like to repeat that it isn't the shy weak and ignorant person that walks into the bank now that is to be interviewed, but the strong, rich and smart person that overnight you have become that is walking in there and with that said it is your responsibility to inform this to whomever sits in front of you in that bank.

Make sure that you let them know what you want and how you want it done and not the other way, you govern your own monies and it isn't the other way, I AM SURE THAT THEY WILL FIGURE IT OUT.

Read More

7 Comments

Post From Jester's Place
Emailed To Recaps

Jester Tuesday PM Chat 10-04-16 Part 2 of 2

[JESTER] IMF agrees to include China's RMB in benchmark SDR currency basket

[JESTER] The International Monetary Fund agreed Monday to add the Chinese yuan to its reserve currency basket. The decision - which marks another step in China's global economic emergence - came after the IMF evaluated the Asian nation's standing as an exporter and the yuan's role as a "freely usable" currency.

In a statement, IMF Managing Director Christine Lagarde noted the yuan's inclusion is a "clear representation of the reforms" taking place in China.

[JESTER] WE KNOW THAT HAPPENED.. WE REPORTED IT AT THE TIME... HERE IS THE REST.... http://www.cnbc.com/2015 *** ket.html

http://www.cnbc.com/2015/11/30/imf-agrees-to-include-chinas-rmb-in-benchmark-sdr-currency-basket.html

[JESTER] 6 NOW IF YOU KNEW YOU WERE A SHOE IN FOR THE IMF RESERVE CURRENCY BASKET... AND YOU KNEW THAT THE SDR WOULD BE ASSET BACKED.... (WHICH IS ANOTHER STORY FOR LATER)....

AND YOU HAD TIME TO DO IT... WOULD YOU LIKE YOUR CURRENCY TO BE WORTH MORE OR LESS?
...
Read More

Jester Tuesday PM Chat  10-04-16  Part 1 of 2

Post From Jester's Place
Emailed To Recaps
 
Jester Tuesday PM Chat  10-04-16  Part 1 of 2
 
[JESTER] HI AND HAPPY TUESDAY EVERYONE...
 
[Peterbiltman] Patience thanks for putting all those posts in the forum
 
[Angel4444] JESTER Great posts!! Thank you!!
 
[chuck60] JESTER Good stuff on your Facebook page. I had read most of it before, but it was enlightening to read the chronological order of the articles and your narrative. Thanks!
 
[Hannah] JESTER Thanks for all your posts today. I've shared them and had one person stop by to talk about them. Appreciate all your efforts.
 
[caro] JESTER great facebook posts, thank you
 
[JESTER] Angel4444 chuck60 Hannah caro THANKS... JUST TRYING TO GET IT WHERE EVERYONE CAN FIGURE OUT WHAT HAPPENED...
 ...