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Millionday Tuesday Night News 12/22/15
Welcome to dinarupdates.com for News Time with Millionday!
Millionday: WELCOME TO NEWSTIME EVERYONE - I HAVE A FEW THINGS TO SHOW YOU
Millionday: I LOVE THIS REPORT
Millionday: Iraq Economic affairs expert, Dhurgam Mohammed Ali, described the role of monetary policy during the current situation a "sensitive role," because of the size of the economic challenges facing the country.
Mohammed Ali told the National Iraqi News Agency that "the financial crisis, Iraq is passing through, needs a balanced and accurate monetary policy to keep the Iraqi market through the stability of the local currency and to address any possible."
Millionday: NOTE -- THIS IS ABOUT THE MONETARY POLICY AND ITS ACTIVATION
Millionday: NOTE -- THE POLICY HAS TO STABILIZE THE LOCAL CURRENCY
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Tuesday Night 12/22/2015 The Big Call - Recording Link and Replay #'s
RECORDING LINK
Playback number: (605) 562-3198
access code 123456#
106 Minutes
The Big Call
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WEALTHWATCH 12-22-15
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Tuesday Chat 12-22-15
chattels: I saw the Oil Minister Mahdi in a " round table " photo of participants at the official state visit to China.
chattels: Currency Auctions Announcement No. (3100) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 22/12/2015 and the results were as follows: DETAILS NOTES Number of banks 26 Number of remittance companies 17 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 183,546,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 183,546,000 Total offers for selling (US$) -----
chattels: 3100 .......... 22-Dec ......... 1,220 .......... 1,182 chattels: 1,220
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TNT: Highlights from The Big Call Tuesday Night 12-22-15
PinkRoses: Bruce call starting
Bruce: we are waiting, in good place to be waiting in. excited about everything going on the last few days, excited what should be go on next couple of days.
Bruce: Christmas on Friday, at this particular point of time, we are not sure if we will have a call Christmas Eve night. it seems it might be out of place. depending on where we are possible we might. stay tuned to Dinar Recaps.
if we dont, dont hold it against it, we do plan on trying to walk everybody through the Rv process and be there through the process and after the exchange and bring you latest info on investment opportunities like humanitarian projects, the ministries, none of that is changed.
Pink Roses: Bruce: i looking for a planned get together with you, not a meet and greet, but to work together what projects we will do, network within the group.
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The below posts were in our 10pm newsletter
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Economics, Free Pom
How America Lost Its Sovereignty (Freepom)
December 22, 2015
By JC Collins
Just after World War Two the United States had a massive debt-to-GDP ratio of over 140%. Today's debt-to-GDP ratio of 104% seems paltry in comparison. But along with a huge debt-to-GDP ratio after the war, the US also had one of the largest trade surpluses in the world. Much like China does now.
The difference, China's debt-to-GDP ratio today, for government debt, is around 42%, with a balance of payments surplus of over $60 trillion. This puts China in a very strong position within the multilateral monetary transition which is taking place.
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Dinar Updates:
BGG Article quote: "
The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar. According to a statement of the bank, that "lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars."
Q: [I am trying to understand how devaluing is a good thing? 1182 is going the wrong way?]
BGG: It gets them closer (or within) the required 2% IMF regulations... no one saw this coming - the way for them to comply was "give away" a few dinars per transaction... HUGE NEWS...
That is Market rate / CBI rate spread... no one had any idea how they would ever be able to get this valuation to work right - turns out - EASY.
Give away 16 dinars per transaction. AND - stop and think... they HATE their exchange rate going the wrong direction.
There has got to be a MASSIVE pot of gold at the end of the rainbow...
....
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Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 12-22-15 Part 2 of 2
The need to contribute to the stock market in GDP
12/22/2015 0:00 BAGHDAD - Mostafa Hashemi welcomed the Iraqi Institute adviser for economic reform, Dr. Ahmed al-Husseini to adopt the conference aims to introduce investment opportunities in Iraq Stock Exchange, describing the move as a good omen for the opening of the stock market to the world.
The Company announced (Frentinor Aksjnj Frontier Exchange recently) all held a conference for global stock markets in London for the period of December 20-21 2016 with the aim definition of listed companies in Iraq Stock Exchange through presentations that will present to encourage foreign companies to invest and to enter the local market and the advancement of the Iraqi economy.
~~~
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Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 12-22-15 Part 1 of 2
Parliamentary Finance: loans are deferred and tax revenue is not desirable[/size]
22/12/2015 10:45 | [rtl]Press direction / special[/rtl]
[rtl] MP from the parliamentary Finance Committee Hama Ahmed said on Tuesday that the issue of loans is tax deferred revenue and undesirable paid by future generations and has financial implications are reflected on the country's politics, as he emphasized that the loans become a haven for the Iraqi government because of the large deficit in the general budget.[/rtl]
[rtl]Hama said in an interview with "direction Press" stressed that this financial implications be followed by political consequences, and in the case of loans did not invest successfully, it would be a disaster for biting the state, noting that cover the budget deficit through World Bank loans have become a haven for the Iraqi government to the lack of any secondary revenue,[/rtl]
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The below posts were in our 6pm newsletter
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TNT:
Elmerf123456 : Have you seen the signals? Have you read the real articles? Have you paid attention to all the economic indicators that are stating change. Listen carefully because the change is here, the pressure economically have been applied and you will see the reality finally come into focus! It's time!
Elmerf123456 : Iran in IMF Spotlight
Link
Elmerf123456:
Link
KMan: Zimbabwe prints new currency to be backed by gold.....
Link
Doni: New currency for ZIM? Is this going to negate the notes we have? Just wondering out loud. Not trying to make trouble.
Elmerf123456: I knew someone would ask that. It doesn't change anything. Just like China will go gold. We exchange period..... Just like all currencies. Change from fiat to asset period!
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WEALTHWATCH 12-21-15
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Monday Night Chat 12-21-15 Part 2 of 2
chattels: Iraq central bank devalues dinar as oil hurts its income
chattels: Iraq's central bank has increased the sale price of US dollars to banks and currency exchange companies by 16 dinars, or 1.37%, as the government seeks to compensate a decline in oil revenue, a government official and the central bank said.
The sale price of the dollar "has been adjusted to 1,182 dinars," the central bank said in a statement yesterday.
chattels: Mudher Saleh, a top economic adviser to Prime Minister Haider al-Abadi and former deputy central bank governor, told Reuters.
~~~
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WEALTHWATCH 12-21-15
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Monday Night Chat 12-21-15 Part 1 of 2
chattels: ERBIL, Kurdistan Region - Iraq's military chief told state TV on Monday that an offensive to capture the strategic city of Ramadi from the Islamic State (ISIS) group was about to begin, as 48 hours remained on a deadline Baghdad gave residents to evacuate.
"We are in an operation to control a sector of the city to prepare for an assault on the city center," Lt. Gen. Othman al-Ghanemi said. chattels: rudaw.net/english/middlee...
http://rudaw.net/english/middleeast/iraq/211220153
chattels: Reports: Zimbabwe Government Suspends Use of US Dollar - Bonuses Paid in Zim Dollars zimbabwe-today.com/2015/1...
~~~
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Part 2:
Frank26: On December 12th or 13th Abadi came out and told everyone, he said we are going to activate our banks and our reforms and we simply need the calculations....we just need the calculations....
Family once again I've said it...Iraq is waiting for the international standard....the new rate....even the CBI is waiting on this international rate to come up with the right pricing right....they have the codes for the taxes and tariffs that are activated......the IMF, BIS, US....let's just call them the BIG BOYS.....
The BIG BOYS work on these calculations....and once those calculations are done the international world will welcome Iraq into their club. Yesterday I joined a new club.....I turned 60 yesterday and I joined that club....had to turn 60 to join. Iraq has two things to join their club....remember that.
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KTFA:
Aggiedad77: Here are notes from last night's CC....sorry DELTA if I mangled your part up a bit....I think the overall message from you adds fuel to the fire to go along with the rest of the call.....THINGS LOOK GREAT.....my apologies if I missed anything.....great call guys. 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 from Monday 12-21-2015
Frank26: Early this year the CBI made a commitment to stop using the USD......we showed you an experiment....one of our ITEAM members went to get $10,000 USD from ME banks.....normally within hours they get their money....but this time it took four banks and about a week to get that $10,000.
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(Thank you George for sending this to Recaps.)
UU6849 - "Currency Auctions - What's Really Going On?" by Mnt Goat
Hello Everyone,
Today my family and I are traveling on de Bahn to catch the last days of the Christmas Market or christkindlesmarkt in the city of Nuremburg. This city has one of the largest Christkindlemarkt in Germany and is fantastic. We are always enchanted by the special and festive atmosphere of the city. With its hundreds of years of history, the traditional market has to offer many things for us to do and enjoy. Over the years we have made this one of our Christmas traditions and so we once again look forward to the event. Meinen Kinder are already anxious and talk much about it in anticipation.
This will be my last news letter until after the holiday season. Unlike many, I do not strap myself to technology and make it my ball and chain. I will not have access (do not want access) to PC and so will not know what is happening until I return. In fact it will be a pleasant journey to forget all about this dinar stuff. I do, however, expect to see some surprises in the news upon my return home.
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TNT:
Daz: LISTEN UP GUYS...DONT MAKE IT COMPLICATED.
BEFORE THERE WERE RUMORS OF 800#'S THERE WAS NO METHOD OTHER THAN CALLING YOUR FAV BANK AND MAKING AN APPOINTMENT TO EXCHANGE.
SO IN A SENSE WE MAY HAVE COME FULL CIRCLE BACK TO WHAT WAS THE ORIGINAL AND NORMAL PLAN. NUTHIN TO BE CONCERNED OVER IF THATS THE CASE.
SIMPLY START A GOOGLE SEARCH OF YOUR FAV BANKS BY NAME..HOPEFULY THOSE CHOICES ARE MADE BASED ON STRONG REPUTATIONS AND FINANCIALS
THEN START A DISCOVERY OF WHICH BRANCH LOCATIONS CURRENTLY OFFER CURRENCY EXCHANGES. PERSONALY, I LOOK AT MAIN PRIMARY AND CENTRAL BRANCH LOCATIONS AND NOT SATELLITE LOCATIONS
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TNT:
platinumrunway (Per SassyD: : 1. If you're talking about the exchange a little now and the rest later, it's pretty simple....
2. Trying to stay positive with this, but when you know someone keeps letting the air out of your tires just to make you late for work, it's rather annoying.
3. I still believe before Christmas ... today is still a great window..
.
4. My wealth manager has not spent much time with his family. He says "If it does not go this week, there are going to be individuals willing to tell all."
5. Plus - they hold currency.
6. It has become a boiler room situation world wide... no one is smiling at the U.S. any further.
....
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DISCLAIMER: We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter or Facebook account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website"). We do not endorse any opinions expressed on the Website. Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website. This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency. Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisers of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor." The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.
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