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Copyright 2016 - All Rights Reserved - DRT Distribution, LLC
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday AM Chat 12-21-16 Part 3 of 3
loop says():Special Report: Dubai's economic potential compared to Iraq's
Read More http://www.dinarupdates.com/showthread.php?44823-Special-Report-Dubai-s-economic-potential-compared-to-Iraq-s
clay says to loop():again too funny
SRW says to 1bobby():Well, all of you that copy and research are great to have.. Thanks
wmawhite says():12.21.16 BAGHDAD - The Journal News
Iraq could control the economic reality more than ever, through modern economic vision which seeks to radically Resume solutions, and proven through the achievements of the Iraqi mind, who expressed his ability to deal with the crisis wisely and deliberately and access to a prosperous economic future.
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday AM Chat 12-21-16 Part 2 of 3
loop says to magnetlady():FUN FACT: "one of the richest countries in the world on the face of the earth."
loop says to magnetlady():"Iraq is one of the richest countries on earth, Iraq has a huge potential,
clay says to loop():AMEN to that its coming people 3.86
Bosun Commander says():GM CLay and nice to meet you (from Monday). Merry Christmas to you.
clay says to Bosun Commander():thank you and Merry Christmas to you as well
loop says():I cannot recall a time where an official representative of the World Bank has come out with a statement like this...
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday AM Chat 12-21-16 Part 1 of 3
loop says():World Bank Iraq describes a world's richest nations on earth
Banks
Economy News / Baghdad ...Description of the World Bank, Iraq "one of the richest countries in the world on the face of the earth."
Middle East director of the World Bank Farid Belhaj said that Iraq is "locked in a deep structural reforms and widespread at the same time, which is fighting a bloody war against the destructive power."
Belhadj said that Iraq's wealth from oil and gas constitute a solid guarantee for the repayment of loans. "
He pointed out that "Iraq is one of the richest countries on earth, Iraq has a huge potential, Iraq has the ability to pay its debts."
http://www.dinarupdates.com/showthread.php?44819-World-Bank-Iraq-describes-a-world-s-richest-nations-on-earth-12-21
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Stage3Alpha:
WEDNESDAY INTEL UPDATE
HERE ARE A FEW SHORT BULLET POINTS
1. THERE IS ACTIVITY AT THE IMF IN REFERENCE TO IRAQ
(LOANS & DEBT) ALONG WITH THE IMPORTANT ARTICLE VIII AND ARTICLE XIV
2. THERE IS SOME INTERESTING ACTIVITY AT CITIBANK
3. THE UNITED STATES TREASURY DEPARTMENT KNOWS EVERYTHING ABOUT THE IQD.
4. THE LIBERATION OF MOSUL IS NOT 100% COMPLETED YET
5. STABILITY WITHIN THE COUNTRY OF IRAQ IS CRITICAL TO RI & RV
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Notes From The Field By Simon Black
December 21, 2016 Santiago, Chile
Italy proves that banks are not the risk-free fantasy we're told to believe
In the late 1400s, the city-states of Italy were among most dominant powers in the world.
Most of the city-states had abandoned the feudal system that persisted across Europe.
So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy.
People could start businesses and own private property-- revolutionary concepts in the 1400s.
Italy was truly the America of its day, and people from all over Europe flocked to the city-states in search of wealth and freedom.
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KTFA:
JamJam1280: Hmmmm. They say official exchange rate. According to ministry of planning they state still that the official exchange rate is $3.208
http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&lng=en
FaithPrevails: Did you read the last paragraph at 1.14 not sure what that indicates
JamJam1280: Yes they are estimating that could be the rate but stated the official exchange rate remains 3.208. Hmmmmmm
Vipor: But the middle paragraph (3.208) says "Official Exchange Rate" next to it. I would lean towards THAT figure.
Walkingstick: The MOP feasibility study, years old....................
JamJam1280: Agreed, just havn't heard any news stating the official exchange rate has been changed, so wouldn't the 3.208 still be the official rate from 2012? Was a study in 2012 to determine the rate. But they as far as I know never amended it.
So I would say the official rate if unchanged is still 3.208. Could be wrong. Just havn't heard any other source saying they changed the official exchange rate. And if restrictions have been removed , wouldn't it by default return to the official rate?
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KTFA:
Frank26: These numbers for oil have now been calculated to their pennies ..............like Bob Barker playing the high low game I invite You FAMILY to put up your ideas of where oil has to be in order to fuel the budget properly ............we will go over it on the CC tomorrow (Wednesday) ............ please enjoy .
Cleitus: : Frank isn't this putting the cart before the horse? I guess the way I see it to answer your question is, we have to see the Rider kick in first to expose the new rate..., then we can deduce from that where the price of oil should be to "fuel the budget properly."
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The below posts were in our 10am Newsletter
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Dinar Updates "Round Table Call" w/ BGG, Mr White, Loop, 1Bobby, MadScout and others Audio Player from Tuesday 12/20/2016
Dial in replay 641-715-3639 pin 528733#
(In Recaps Newsletter, click blue title for audio player.)
From DinarUpdates.com
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KTFA:
Frank26: Oil is going up ... from 37 to 43 to launch the budget ... and now within the next 3 months you'll see it hit $60 ... then to $120 ... and then back to $60. They've agreed to control ISI This was for Dash ............... now tell me for the budget .
Stranger: Frank, Do you mean back when the IMF made them change it to $43 for the budget. It changed a few times and ended up somewhere around $43-$46 as I remember last. I thought $60 = 1:1 and $120 = $3.86- $4.42 by March 20th or the first week of March 2017.
Frank26: Hmmm ............ i'm taking notes .
J+C: IMO, The Dow will hit 20,000 on Wednesday and oil will reach 60.00 by Friday
Eli15: I LIKE the way you think.....
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| 1 Comment
Bruce
: Welcome everyone to the call. This week, December 28th is our 5 year Anniversary of the Big Call. As it comes to a close for us I never thought it would take 5 years of the big call to see this through. I think it has been a wonderful time for me and others.
I want to thank the listeners for coming in Tuesday and Thursday nights. I know we have some new listeners and expanded our audience internationally. I know we have a number usually between 6 00 to 800 financial people listening in from the various banks not only here but all over the world. I really appreciate that audience. It is beautiful. Hopefully we have done the right thing in trying to serve the community at large. It is a team effort. I surely couldn't do it without Bob, Sue, Pastor Steven, and Kent. I really appreciate everybody's team work. Remember team work makes it dream work. There is no I in team. Only thing there is me in team. I never liked that.
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
loop says():The central bank structured all banking offices in Baghdad and the provinces and puts new controls
economy Since 12/20/2016 14:58 pm (Baghdad time)
BAGHDAD - balances News The Central Bank, on Tuesday, ordered the restructuring of all banking offices in Baghdad and other provinces, while stressing put new controls.
A source at the bank, L / balance News /, that "the central ordered restructuring of all banking offices in Baghdad and other provinces."
The source, who preferred anonymity, that "the restructuring will be governed by the new controls." It ended 29/34 R.
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
diagyAAAE says():If RC is taking a break, then he knows this is amping up for a HUGE finish! RC is a smart cookie! :D
soonrv says():any talks on this statement.......Article: "Parliamentary investment: central bank reserves fall to $ 40 billion" At this rate, the CBI will win and Iraq will lose.
The Shia majority will/have not charged, prosecuted and convicted anyone who isn't Sunni or Kurd. Following the historical loss of reserves, Iraq will be financially insolvent by the end of 2018.
Candidly, it may already be too late, moving to an open market economy with the supporting legislation takes time, hopefully there's enough time left for Iraq to save itself. [reference Guru Kaperoni post 12-19-2016]
soonrv says():ok, but this was a real article....Parliamentary investment: central bank reserves fall to $ 40 billion"
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
loop says(): Iraqi private banks association congratulates the economy, the Bank of Ostosmarbaudth for the exercise of his work
Banks
Economy News / Baghdad ... It congratulated the Iraqi private banks association, Tuesday, Economy Bank for Investment, management and associates, his return to practice all the banking activities, against the backdrop of the central Iraqi Aqraralpennek lifting the guardianship him, and who came to the bank in Athernjah Anjazaamlah required rehabilitation.
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The below posts were in our 10pm Newsletter
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KTFA:
PappaJack: DOW CLOSES AT 19974. 62 .. PREDICTIONS ARE THAT IT WILL EXCEED 20k TOMORROW
Millie: FRANK, 1ST HAPPY BIRTHDAY!
2ND.... LAST NIGHT YOU MENTIONED "CERTAIN $ AMOUNT THAT ____ WOULD BE AT THEN THE IQD WILL START TO MOVE IN ORDER FOR IT TO GET TO 1-1, AND THAT IT WAS GIVE TO US 3-4 MONTHS AGO".... BUT NOW DAYS I DO GOOD TO REMEMBER WHAT I DID YESTERDAY SO MY APOLOGIES, I DON'T REMEMBER WHAT THAT CERTAIN AMOUNT IS, SO COULD YOU REFRESH MY MEMORY AND SHARE THAT WITH ME, PLEASE.
Frank26: IMO ............. Those numbers have been .............. FINE TUNED.
Ask me on W CC tomorrow.............. Maybe i SHARE .
....
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