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WEALTHWATCH 2-14-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch OOTW News & Comments 2-14-16
Donnie: China's Central Bank Says No Basis for Continued Yuan Decline
Donnie: China's central bank governor said there's no basis for continued depreciation of the yuan because the balance of payments is good, capital outflows are normal and the exchange rate is basically stable against a basket of currencies, according to an interview published Saturday in Caixin magazine.
Donnie: www.bloomberg.com/news/ar...
http://www.bloomberg.com/news/articles/2016-02-13/china-s-central-bank-says-no-basis-for-continued-yuan-decline
Donnie: The country will not peg the yuan to a basket of currencies but will seek to rely more on a basket for reference, while managing daily volatility versus the dollar, Zhou said in the interview. The bank will use a wider range of macro-economic data to determine the exchange rate, Caixin quoted him as saying.
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Long-Presse / Nineveh According to a local source in Nineveh province, on Sunday, the death of a number of elements of the organization (Daash) fire from coalition aircraft which bombed the Central Bank building and the building of three banks in the city of Mosul (405 km north of Baghdad).
The source said in an interview with (long-Presse) that "the flight of the international coalition against air strikes targeted the Central Bank building in the right side of the city near the Nineveh governorate building and Rasheed Bank in the right side and bank mortgage Balfaisalah the left side and the Bank of Abu Tammam center of Mosul, killing destruction fully, "noting that" the bombing also killed a number of elements of the organization responsible for the protection of the banks. "
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Abadi agrees on a draft conscription law and parliamentary security "ahead"
Author: BS, MK Editor: BK, BS 02.14.2016 12:57
Long-Presse / Baghdad Revealed the parliamentary security committee, said on Sunday that Prime Minister Haider al-Abadi agreed on a draft conscription law, as pointed out to the majority of the committee members agree on the draft law.
The committee member said Iskandar and berries in an interview to the (long-Presse), "The Commission has taken important steps on the wording of a draft compulsory military service law," noting that "the Prime Minister Haider al-Abadi, agreed to the draft, where the Commission is waiting returned to make an too much on them. "
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The below posts were in our 11am Newsletter
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"The celebration of Valentine's Day is an attempt to reflect the images of love away from the atmosphere of war and death that we are seeing in Iraq. "
"Lover" were celebrating their festival despite "objections" and gift shops raise prices, "Red Bears"
BAGHDAD / Amer supporter
Higher prices "red gift" did not prevent the Iraqi youths from buying red bears, and submit them to their loved ones on the occasion of "Valentine's Day", at a time spread out banners with some streets warned of the celebration of this day, and likened the celebrants to "Umayyad and the Jews and the Christians," a reference to the prohibition of long celebration love.
the Valentine's day or the day of Saint "Valentine", suitable celebrated by many people around the world in the fourteenth day of the month of February of every year, and this is is the traditional day on which devotees express their love for each other by sending Valentine or holiday cards giving flowers or candy for their loved ones.
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WSOMN:
Brigantine: Wizofog14 : Iko, are you hearing about groups in reno exchanging? i feel like we are very very close
Iko Ward : Wiz..I am hearing that and waiting for confirmation
Iko Ward : Blackeye...I think the deval is most likely, but a couple months ago they made that statement about the dong, and the Kran scenario is coming out of political think tanks and the like.
|Iko Ward : OK...tomorrow may be a big day. Goodnight
Brigantine: Here's another thing he posted, that I had to send by email, because PMs were messing up: 23s ago Backdoc is hearing the same things I am. There is only one person who can confirm and I really doubt we'll hear about before it actually happens. It'll all come down at the same time.
....
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The below posts were in our 11am Newsletter
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Part 2:
BACKDOC: YES WE KNOW YOU'RE IN A HURRY TO SHOW OFF CHINA! (see article below)
EVEN THOUGH YOU WILL BE POWERFUL THE NEW ASSET BACKED CURRENCY WILL BE SAVED FOR LAST!
ALL OTHER ASSET BACKED CURRENCIES WILL START TO SHOW UP BUT WHEN THE US UNVEILS ITS POWER THE WORLD WILL SHUTTER! DOC IMO
Mountainman: YES.......This Is PROOF THINGS have been Going On BEHIND and IN FRONT of CLOSED/OPEN Doors........IMO......??? "
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KTFA:
BACKDOC: YES, THE POINT IS THEY (China) ARE NO LONGER PEGGED SOLELY TO THE DOLLAR!
THIS WILL AFFECT MARKETS ONCE THEY FIGURE THIS OUT!
LOOK FOR CURRENCY TRADERS THAT HAVE BEEN SHORTING THE YUAN TO RUN TO THE HILLS!
FRANKIE! FRANKIE! THIS IS WHERE THE YUAN BEGINS ITS RISE!
THE NEXT QUESTION FOR ME IS ARE WE CLOSE TO THAT GLOBAL REALITY VALUE?
NOT LIKELY SINCE MARKETS WILL BEGIN TO ADJUST TO THIS MASSIVE MOVE FROM CHINA AND THE SOON ARRIVAL OF THE DIGITAL, NEW REALITY!
DOC IMO
....
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KTFA:
BACKDOC: FAMILY! I HAVE SOME HUGE NEWS!
IN FACT THE BIGGEST I'VE EVER BEEN PRIVILEGED TO SHARE!
I AM TRYING TO REACH THUNDER TO BRING IT TO YOU PROPERLY!
JUST A CLUE ? OK, I WILL JUST SAY IF SOMETHING HAS ALREADY LAUNCHED WHAT IS LEFT TO DO?
RIGHT! "IMPLEMENTATION DAY" AS RUSSIA AND IRAN SAID!
WHAT DID I TELL YOU ABOUT CHINA? HEE HEE
BE BACK SOON!
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wmawhite says to thenextbigidea(): IMO,.the stronger/stable Abadi is the faster all of these reforms take place. These reforms are the decorations on the cake.............the cake is the move into a market economy which is another description for enter the economy market which requires a change in the status of the IQD.
rcookie says to wmawhite(): I POSTED THIS MORNING AN ARTICLE...DOWN MEMORY LANE IN 2012..OF SHABIBI BEING REPLACED AND THE REASONS GIVEN....COMICAL WHEN APPLYING THE SAME STNDARD TO ALAK....
thenextbigidea says(): So Alak is getting called on the carpet for his lack of movement; but no other names to replace himi......
rcookie says to thenextbigidea():= MR WHITE HAS MY VOTE!!!!!!!
~~~
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Post From Dinar Updates 2-13-16
Chat Room Excerpts & Highlights
Dinar Updates Saturday Chat 2-13-16 Part 2 of 3
jeffjane says to rcookie(): Do you think they will be able to recover the funds the crooks stole?
jeffjane says to rcookie(): If yes, will they use that money to run the gov and prolong a rate change?
Loopback says(): They will be able to recover much of the stolen funds in time. But time is not something that they have right now. They need an infusion of liquidity now. IMO
rcookie says to jeffjane(): IT WILL REQUIRE MUCH TIME FOR THE RECOVERY PROCESS...I THINK THEY WILL EVENTUALLY RECOVER MUCH OF..BUT THEY ARE IN DEPERATION MODE NOW...
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rcookie says(): Sadr calls to change the Central Bank Governor
Economy and tenders Since 2016-05-13 at 10:36 (GMT)
Baghdad balance news A student leader of the sadrist movement of Moqtada Sadr, Saturday, the Governor of the Central Bank and replace it with another.
Sadr said in a televised address monitored/balance of news, "Central Bank Governor should change the relationship and replace it with the most efficient and impartial".
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"You know you are a Dinarian when:"
...if you are typing your access code into your microwave.
...if you had to increase you minutes on you phone for the CC calls.
...you ordered 2 lops of ice cream
...you know all the mods names by their voices.
...ask for change in small denoms.
...know more about the Iraq budget then your own.
....wife calls " it's done" and you get disappointed when she was calling you for dinner.
...defend your favorite Guru when he is misses it for the 67th time.
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WEALTHWATCH 2-13-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch OOTW News & Comments 2-13-16
OOTW: everyone you haven't seen much from me because i've had a recurrence of the flu and this one makes the last one look like child's play
OOTW: butifldrm is out of town visiting family in the Texas countryside, so she says she won't have internet or not good connection anyway
OOTW: this is just one of those weekends i guess -- here's one article
OOTW: Sadr called his project to reform economy Economy and Tenders Since 02.13.2016 at 10:36 (Baghdad time) BAGHDAD - balances News Fired the cleric Moqtada al-Sadr on Saturday, its economic reform project, and called for the installation of a new Governor of the Central Bank and the support of the agricultural and industrial sectors and small businesses.
~~~
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KTFA:
BACKDOC: DIVERSIFICATION
ONCE THEY TURN ON THE LIGHT SWITCH THE DIVERSIFICATION WILL EXPLODE! WELCOME MR. LONEY! THE LONELIEST CURRENCY IN THE WORLD! IT'S LONEY BEING NUMBER 1! HEE HEE
PHOSPHORUS IS AT CRITICAL LEVELS WORLDWIDE! LET THE MINING BEGIN SINCE YOU HAVE THE LARGEST RESERVES WORLD WIDE!
JUST IMAGINE THE MOST FERTILE LAND IN THE WORLD GROWING CROPS! FERTILE CRESCENT! GARDEN OF EDEN!
THEN THERE IS THE LITHIUM MINING TO SUPPORT BATTERY TECHNOLOGY, NOT TO MENTION RUBY, DIAMOND,AND GOLD MINES!
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From Recaps Comment Section:
Ralph said: According to three(3) different sources, I will now share what they have told me.
1. China will not re-value the Dong or any other currencies they are supporting before the Iraqi Dinar re-values. Also, the re-valuation of the Iranian Rial will not occur prior to the re-valuation of the Iraqi Dinar.
2. The Iraqi Dinar will have a globally accepted rate before March,1, 2016. This will be done as a requirement to join the (WTO) World Trade Organization.on June 1, 2016.
3. The R.V./ G.C.R. will include five(5) currencies as part of the initial offering with a simultaneous release of the Iranian Rial.
4. All worldwide currency holders will be able to exchange any currencies they hold that are a part of the initial offering after March 1, 2016.
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