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Post From Dinar Updates
Chat Room News Excerpts & Highlights
MadDScout & 1Bobby News Time 12-8-16 Part 2 of 3
**Bobby
- What a great article! Paragraph by paragraph shows us steps that will be taken to ensure a strong viable Iraq and a happy us Notice how in almost every budget related article that transparency with the Kurds is prominent?
The kicker to this one is that Iraq is tired of exiting monies, they now want monies entering Iraq via investment projects thru Global Banks. WOOT WOOT!! Again Baghdad will be in charge, but the Provinces will now have the go ahead with large investment opportunities which will lead to small businesses thriving.
**Pat -
More reason why this budget is different from past budgets.
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
MadDScout & 1Bobby News Time 12-8-16 Part 1 of 3
MadDScout says():Good evening folks
MadDScout says():Good evening folks, welcome to newstime for Dec 8th 2016
The news is really moving and there is so much of it
I would like to thank Mr. and Mrs. BGG for their time, effort, and for having a great place to come to and be informed to such an extent, thank you much!
We have a guest tonight !
Loop is joining us tonight, we would like to thank and welcome him.
jetset says():LoopDog!
magnetlady says():Awesome
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Thursday PM Chat 12-8-16
loop says(): Gov't OKs "Toman" as Iran's Currency Unit
Thursday, December 08, 2016 Sepehr Arefmanesh... Finance Desk
The government has approved changing Iran's monetary unit from rial to toman, which will lop off one zero from the current national currency rial.
The decision was made when ratifying the Central Bank of Iran's bill during the Cabinet meeting on Wednesday, which was presided by President Hassan Rouhani, the government's news website Dolat.ir reported.
While rial has been used as Iran's monetary unit in official documents and budget statements, toman was being used more commonly in daily transactions by citizens. The government will send the bill to the parliament for final approval.
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Post From KTFA
KTFA News Highlights & Comments 12-9-16
Cole said (Post #93) Frank mentioned march '17 in a post he made... not enough info given to draw any opinion or conclusion... IMO he was not alluding to the RV taking place at that time... IMO he has been hinting (strongly) this month!!!! Nothing has changed imo
Harley said Just throwing this out there.. 3/7/17 = 7+1+7=15 then 3 = the 15th, then 3 days.
Regardless, it's gonna happen when it happens and not a minute sooner. I'm just greatful to be a part of this. Would love for it to be sooner than later but not worried about it either, because as Habakuk reminds us the vision is for an appointed time. God's plans are perfect in every way, and He is never late in anything He does.
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The below posts were in our 10am Newsletter
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
rcookie says():Low inflation for the month of October last rates and annual rise of 0.2%
The Ministry of Planning, on Wednesday, for lower inflation index during the past month of October, while the annual rose 0.2%, indicating that the survey did not include the three governorates of Anbar, Salahuddin and Nineveh, as a result of the security conditions there.
The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said in a statement received "Economy News" that "the Central Bureau of Statistics of the Ministry of Planning and completed the inflation report for the month of October 2016 on the basis of field data collection on the prices of goods and services components of the consumer basket of a selected sample of outlets in all governorates of Iraq, "noting that" these rates are calculated goods and services of food, rent, transportation, communications, health, education and other include making is keeping consumer. "
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Post From BondLadys Corner
tlm724 ADMINISTRATOR Here's a lil something to chew on while we are considering the most recent statement from the CBI ...
PLEASE NOTE THE DATE August 18, 2015 and here is the link to the original post
http://www.bondladyscorner.com/t139809-imf-executive-board-concludes-2015-article-iv-consultation-with-iraq
___________
IMF Executive Board Concludes 2015 Article IV Consultation with Iraq
Press Release No. 15/382
August 18, 2015
On July 29, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation1 with Iraq.
Iraq is facing a double shock arising from the ISIS insurgency and the plunge in global oil prices. In 2014, real GDP contracted by 2.1 percent mainly due to the impact of the conflict, while oil production and exports increased slightly compared to 2013.
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Post From BondLadys Corner
Tlm724 Administrator
Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4000 and maybe more /
Central Bank Governor:
no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4000 and maybe more /
Economy News / special Ghassan judge
He said the governor of the Iraqi Central Bank on the Keywords stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing that to say that the central bank is obliged to do the job, though declined to perform this role for the collapsed financial situation in Iraq.
Keywords and said in an interview conducted by the CFTC and the agency, "Economy News" on the sidelines of the annual conference of the Union of Arab Banks, which was held in Beirut recently to Waglguena sale Atarlasubh window Sarsrv Atarmabin 3, 4000 dinars, and maybe more.
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THE BIG CALL WITH BRUCE THURSDAY, DECEMBER 08, 2016, INTEL ONLY
TRANSCRIBED BY PINKROSES
Bruce: (Before the Intel) We had quite a few emails sent to the Big Call asking for me to comment on the post that was put on Dinar Chronicles couple days ago. It has been my policy the last 5 years on the Big Call not to comment on other calls, other gurus, or say anything despairingly against anyone. You know I have my opinions and get my Intel from my own sources.
This was different because so many wrote in and asked for my opinion asking me to comment on it. I felt I owed that to my own listenership. I owed to the community at large that is hurting. That may feel they might have been left and abandoned and are hurt.
For me personally I was in somewhat in shock but not hurt as much as I was saddened. Just saddened. I am here not hit anyone when they are down. I am here to love. I am here to be a support system. I am here like Sue, Pastor Steven to be leaders to be here to help in the community. We know that God has called us to love others unconditionally. We know God has forgiven us and we are to forgive others. We know God won't forgive us unless we forgive others. We have to take the higher road. We have to take the position of leadership.
We have to understand some things we just don't understand. Some things happened, some things were said obviously saddened me. But I am here just to say God is pleased if we forgive, if we love, and we move on. We open our arms to one another in a spirit of forgiveness and love. We open our arms to receive this blessing.
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1 Comment
KTFA:
RE: Question-What does 4.42 mean?
Bravesfan: toyvp has it on his signature line - he said years ago he did some math and came up with a possible rate of 4.42 .......Frank has said 442 a few times last few weeks - he said it was a joke - some of the forum members "ran with it" to see what they could come up with
Frank26: If they FLOAT ..... Forgetaboutit. If they don't .......... Ask me March 7th 2017.
Cole: Maybe it's just my optimism getting the best of me... but he said "ask me march 7, 2017" could mean one of two things IMO... either that's when we will see him in Hawaii??? Lol OR
with this upcoming "China syndrome" they might tell you in an article that on March 7th they will RV their currency (as a form of denial as talked about on CC).... because the only reason for "China syndrome" is to mislead readers from the true reality! If they are going to do the China syndrome now... we are very very very very close... like days all imo
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The below posts were in our 10pm newsletter
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday PM Chat 12-7-16 Part 3 of 3
loop says():2017 balance between austerity and fiscal discipline
8/12/2016 0:00 BAGHDAD / Imad emirate raised the issue of the budget in 2017 in Iraq controversy among the public and interested parties and specialists about what next year 's budget is the budget and whether war or peace and reconstruction in the budget?
And apparently the prevailing view among the general citizens it austerity privilege budget, because of his campaign with it from the tax deductions from employees and pensions, as well as the existence of pressure to the terms of government expenditures in most aspects of public spending (except military and security), which reached the customizations ratio has about 22 percent , a record high in more than ten years, because of the difficult conditions and the minute that passes by Iraq.
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday PM Chat 12-7-16 Part 2 of 3
templejc says():I need some help in explaining something - the article in dinar detectives from XXX and then from Delta explains the same article and get two different explainitions - what do you all believe about the FLOAT? One says yes and the other no? Help me out
baxter says():If today... it takes 39000 Rial to make a dollar and tomorrow it takes 3900 to Make a dollar.. how can that be a lop? it would be worth more.. wouldnt it?
Movack says():we wait for tomarrows market to see what affects it may have
clay says to baxter():thinking about ridding the 3 zeros like Iraq
clay says to templejc():CBI stated never a float
clay says to Movack():hey
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday PM Chat 12-7-16 Part 1 of 3
SRW says():Iran has been throwing articles in the media.. Some Gurus took the bait.. Why invest in a country that supports terrorism.. That should be the first tell..
jeffjane says to rcookie():I wonder how soon they will sign the budget and get it in the gazette
jeffusa says to jeffjane():I wonder when my budget will be submitted
willie60 says():Bobby you guys are smacking it waaay out of the park. WOW
1bobby says to willie60():It's almost like news overload lol. But some have been here where there was NO news, so the overload is appreciated
willie60 says to 1bobby():Oh I'm one of them. Been around a long time and holding dinar since 2012
Doug_W says():10 yrs here
willie60 says to 1bobby():So glad to be here too
rcookie says():NO......IT WAS THE 2ND INSTALLMENT OF 3 FOR THE SBA 2016 LOAN.....AND 1ST REVIEW.......
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KTFA:
Don961: This says there are plenty of banks already in Iraq ... 66 with 600 branches .... to handle the citizens' needs ... 90% of existing deposits are in government banks ... with 75% of those deposits belonging to the government ...
90% of the printed currency is outside the banking system ... so the issue still is to get the people in to the banks ... IMO
Banking density
8/12/2016 0:00 Dr.. As Abdul Hadi
is the concept of banking density one adopted in the economic and financial analysis of banking indicators , which refers to the number of inhabitants per bank in the country, and thus whenever this indicator fell indicates that the spread of banking habits .
In the European Union record of this indicator (1500) inhabitants per bank Therefore it is better than in the United States which scored five thousand people for each bank, but the question how to analyze this indicator in Iraq?
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Let's say you have two equal size safety deposit boxes.
One box you completely fill up with stacks of $100 bills.
The other box you fill up with gold.
Which of the two is "worth" more?
It's easy to calculate. A stack of 100x $100 bills is 6.14 inches long, 2.61 inches wide, and 0.43 inches tall.
That's a volume of 6.89 cubic inches (112.92 cubic centimeters... and we'll use the metric system from here on out because it really does make more sense!).
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The below posts were in our 6pm newsletter
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Part 2:
Frank26: This will be the very first budget implemented in the history of Iraq Family....they are making historical steps....they are making history with their budget.....they have never had an approved and voted on budget for their country....we are all over them....like skin on skin...we see everything....we see every little trick they try to do.
So we now look....what did I say not before the 15th....but the 15th and beyond....to the 1st.....the Mookla....I don't know....I hope so....to the 20th when Trump gets put in as President....I don't know.....somewhere in the middle of the first quarter....I don't know....but not before the 15th....but after.
IMO the BIS is very happy with the auctions and the software and the new way to do the auctions....the BIS is purely financial....they deal with banking...and then we have the World Bank....and then we have the IMF....they deal with a multitude of things....there are a lot of good happy 3-letter agencies in Iraq.
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KTFA:
Aggiedad77: Heads up Family.....here are the MONDAY NIGHT CC NOTES......sorry for their lateness....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 Monday 12-5-2016
Frank26: We are now ready to walk into our study of the Iraqi dinar.
Before I do......nobody knows the date.....nobody knows the rate....of this investment that we are involved with together Family but....I do have a desire....a responsibility to tell you that.....this is the season in which we represent the birth of Jesus Christ.....unfortunately to me the story of Christmas has been "Santa-tized".....too much to the point where it has been diluted...
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Late AM Chat 12-7-16 Part 3 of 3
Josie says():Question: I am a bit confused on the question of whether the Parliament is still in session or now on a Holiday after passing the budget ?
loop says to Josie():They are on break on.
loop says to Josie():now.
Josie says():Have they given a return date ?
dinarstudent says():is parliamnet off for holiday now
daytrader says to dinarstudent():Once they passed the budget, they were done. The new session should start about Jan 7.
dinarstudent says():ok no chance of rv until jan 7 correct if even then
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Late AM Chat 12-7-16 Part 2 of 3
rcookie says to 1bobby():THEY ARE TELLING EVERYONE.....YEAH...YEAH WE KNOW THE AUCTIONS ARE AND HAVE BEEN BROKEN AND BREACHED....AND THE PRIMARY ROLE OF THE AUCTIONS ARE TO MAINTAIN STABILITY OF IQD.....BUT....
THE ONLY WAY TO REALLY STABILZE THE IQD IN THE MARKETPLACE IS TO REDUCE THE DEMAND FOR USD.....AND YOU WONT REDUCE THE DEMAND FOR USD BY TURNING THE AUCTION FAUCETS OFF....
YOU REDUCE THE DEMAND "THROUGH STRUCTURAL CORRECTION OF THE IRAQI ECONOMY"....GIVE THEM SOMETHING BETTER AND MORE VALUABLE AND YOU HAVE INHERENT INCENTIVIZATION TO USE IT!!!....
rcookie says to sassy():I AGREE SASSY!...
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Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Late AM Chat 12-7-16 Part 1 of 3
slh good morning
slh5282 says():DOES ANYONE KNOW WHAT THE STATUS OF THE BUDGET FOR 2017 IS AT THIS POINT? i SAW ONE POST THAT SAID IT WAS IN THE HISTORY BOOKS NOT SURE IF THAT IS VALID.. iNFO PLEASE..
1bobby says to slh5282():They've published it
slh5282 says():SO DOES THAT MEAN THEY VOTE 3 TIMES AND IT IS DONE OR IS IT A TWO TIME VOTE?
slh5282 says():AND IF THEY PUBLISH IT DOES THAT MEAN IT WAS APPROVED BY PARLIMENT
sassy says():if it is in the gazette it is final
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KTFA:
BACKDOC: AS IRAN HAS STATED EARLIER, THE TWO PAYMENT SYSTEM WILL BECOME ONE AFTER MARCH 20TH! WHAT IS HAPPENING NOW IS A TRANSITION UNTIL THEN.
THESE ARE IN COUNTRY CHANGES AND LIKELY COUNTRY TO COUNTRY BUT AFTER MARCH 20TH THE NEW DIGITAL REALITY WILL REVEAL ALL TO THE PUBLIC! DOC IMO
Walkingstick: Iran plans to revalue, rename rial currency
Wed Dec 7, 2016
Iran plans to revalue its rial tenfold and revert to the currency's old name, the toman, according to a bill approved on Wednesday by President Hassan Rouhani's cabinet, the official Islamic Republic News Agency (IRNA) said.
https://financialtribune.com/articles/economy-business-and-markets/54998/gov-t-oks-toman-as-currency-unit
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WSOMN:
ADMINBILL:
20 WAYS TO MAINTAIN A HEALTHY LEVEL OF INSANITY
1. At lunch time, sit in your parked car with sunglasses on and point a hair dryer at passing cars. See if they slow down.
2. Page yourself over the intercom. Don't disguise your voice.
3. Every time someone asks you to do something, ask if they want fries with that.
4. Put your garbage can on your desk and label it "IN".
5. Put decaf in the coffee maker for 3 weeks. Once everyone has gotten over his or her caffeine addictions, switch to espresso.
6. In the memo field of all your checks, write "for smuggling diamonds".
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Copyright © 2016 - All Rights Reserved - DRT Distribution, LLC
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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