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10am, February 18th, 2013   

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Our Blog Posts
Med & Member Chat - Post From Dinar Speculator
WildDuck and I4u Members Chat Late Sunday Night
Part 2 Currency Value & Determining Factors
Part 1 Currency Value & Determining Factors
WTO
OCrush Updates From Peoples Dinar Forum Sunday PM
LJ from LJ's Next Step Team Update Call Sunday 02/17/13 Recording Link and Replay #'s
I4U Members Decoding "Poof",Thoughts and Opinions
Poof for Sunday
The below posts were in our 6pm email
Part 2 Can The World Economy Be Saved?
Part 1 The World Economy Is Saved
John Butler "The Golden Revolution" Video Emailed to Recaps
Late Sat.PM/Early Sun.AM Dinar Chatter
SteveI Response to "Mystery Lady" Post From PeoplesDinar Forum
© Copyright DRT Distribution, LLC All Rights Reserved

 

jonmac (18:38:06): Hi Med. A question?

Med: YES

jonmac: Thanks. Are we looking for anything specific in the budget vote on Tuesday? Anything that would make it significant for us, other than just that they can pass the thing?

Med: NO ABSOLUTELY NOT FORGET THE BUDGET VOTES WE HAVE A FEW KEYS

FIRST IF THEY EVER RESOLVE THE HCL THAT IS A SIGN OF THINGS MAYBE SOFTENING ON STANCES  ALSO IS TALIBANI DEAD SOUNDS A BIT COLD BUT THIS IS HOW A MAKE OR BREAK WORKS AND IF HE IS DEAD  DOES ALLAWI MOVE INTO THE POR POSITION

ALSO THE MOVE BY THE KURDISTAN ALLIANCE TO SAY NO TO REMOVING NAJAFI AND JUST WHAT ARE THE PROTESTS ACCOMPLISHING
...


 

WILDDUCK] ok i am going to tell you some news what you do with it and how you choose to react to it are solely yours.

[WILDDUCK] ok every source we have and i can assure that is a number north of 10 competant providers of information are unified in their opinoins. Can we see it on netdania yet no. Does that not make not done no.

[nathansmom] WILDDUCK done as of when... the same done it has been or really truly DOne

[highlander65] WILDDUCK so all is just great !!!

[WILDDUCK] you need to accept the simple basic concept that what is left to do is purely mechanical and not affected by human hands rotormech got it right on recaps (congratulations on making guru status, slow day)

[rotormech35] lol

[WILDDUCK] there is nothng left to do , nada no mas

[dinarchaser] WILDDUCK Thinking bank openings tomorrow

[HIGHERGROUND] so if our WILDDUCK hasn't been drinking any WILD TURKEY.. ROFLMAO then we are there
....


 

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What Backs the United States Currency?  By Mary Frazier,

United States currency does not have asset backing. Currency issued by the U.S. Treasury is fiat money, which is currency not backed by a commodity or asset, and therefore possessing no fundamental value. The value of currency comes from the free market system and government decree stating that currency issued is legal tender.

    Gold Standard

        Historically, backing of U.S. and international currency was from the gold reserves of the country issuing currency. The U.S. gold standard began to breakdown during World War I, and continued to create economic problems until 1971.

Tying currency to gold created deficit problems for the U.S. and reduced gold reserves. Permanent abandonment of the gold standard began during President Richard Nixon's administration in 1971. The official end to the gold standard occurred in 1973, as many industrialized nations moved to a floating rate currency exchange system.
...


 

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Definition of Currency Value 
 By Melissa Warner,

Currency--another word for money--is what makes the world go round. The names of the actual denominations of currency, as well as the materials they are made of and their value, vary from country to country.

Although you can use your own currency when you travel to some countries, in most cases you will be required to exchange your own currency for that of the country in which you are traveling

    Defined

        Currency value can be defined in two parts: Currency is a medium of exchange and also something that circulates. Value is how much an item or service is worth from a material aspect, meaning how much it is worth in commerce or trade.
...


 

Posted Today, 08:25 PM  BY Maynard57 of Peoples Dinar

About the Internationally tradable currency requirement:

Ocrush uploaded a blurb from the WTO regs with regard to WTO, monetary policy - specifically their statements about rates of exchange for currency.  I posted the same thing about a year and a half ago.

It is super important, particularly if you are aware of the GATT history of the WTO.

 The point to keep your eye on is this:  The WTO does NOT have a per se rule saying you can't get in without an internationally tradable currency.  

What the policy statements make clear is that if your gonna join our WTO club, first thing we are gonna look at is your currency rate of exchange and whether your rate, after looking at the totality of your economic circumstances, is a rationale expression of your country's wealth. 
...


 

OCRUSH E-MAIL FEB 17TH

Hellooooooo My Friends:))

Sorry for the delay.  I checked my notes earlier today and I sent you an email on Feb. 2 concerning the wto.  This is something else we are following.  It seems there will be a training session taking place in Turkey on a Multilateral trading system. 

We believe two companies have intergrated this system into the islamic development bank.  The training will involve close to 100 iraqis (ministers, institutions, public officials from trade, education, finance and so on). 

This training is for 5 days in Turkey and it starts February 25 - March 1:))  The training will also guide them to what responsibilties they will have being full members of the wto.  They will give them examples of what other recent appointed members are doing. 

They will also be very well versed with Gatt (laws and procedures).  We believe just before the training starts, the wto will assend Iraq to full membership.
....


 

LJ from LJ's Next Step Team Update Call Sunday 02/17/13

RECORDING LINK

760-569-7699  Pin 769478#

68 Minutes

The IQD Team Connection & LJ from LJ's Next Step Team
"As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A"

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

 

spiritfilled] okrocks if banks open in China at the normal 9 am time it will be 7 pm CST in America

 [okrocks] spiritfilled doesnt matter... said China goes first...

 [Robertprofessor] happydave1 With abdication of one monarch and a pope, and the Queen of England having some problems, I'd like to ask a question at the risk of being laughed out of the kingdom: might we see the abdication of QE2?

[modeller] Robertprofessor imo no not yet

[WCW] ok he is saying we want get no warning this baby is going and wellfargo will be there for us is what i get out of it

[musiccitylady] if it happens in China (cash out) then it will happen here too imo

 [treasure4e] WCW wow you are good

 [sandytob] WCW but also that he jumped the gun last week when he made it sound like it was here.

[WCW] sandytob yes that too
....


 

Greetings and Salutations,

http://www.youtube.com/embed/1LPbUa-JhkE?rel=0

http://itccs.org/2013/02/14/pope-benedict-to-seek-immunity-and-protection-from-italian-president-giorgio-napolitano-on-february-23/

http://www.guardian.co.uk/world/video/2013/feb/12/lightning-vatican-peter-basilica-video

Jumped the gun, last week but, this past week produced some things that tell you there is nothing 'normal' afoot. The last time the phenom in russia happened was in 1908.

So this week I will review what's coming at the world with these global settlements. First my legs have Not been cut off to the folks getting this done, and never set yourself up as the only knower of what's up. Even DC has to wait on the button to get pushed and in many instances they know less than I do. When you get sent to the bank to access, you will be accessing directly into a 5 star trust, built by the dragons so the banker will have all the details for you, just ask what ever questions you wish.
,,


The below posts were in our 6pm email

Picture
(Recaps Note: Yes we note the date of article and still feel article is relevant)

Can the World Economy be Saved?

November 30, 2011 By Dene McGriff

Last week we speculated in Part 1 that the central banks, IMF, World Bank, world powers or someone out there had a plan to inject trillions into the world economy by the revaluation of numerous currencies using a new methodology of estimating the resources of a nation to value the currency.

It appears that America and other European countries have been hedging their bets by investing in some of these currencies. If there was a large revaluation, this would certainly go a long way toward plugging the holes in our debt ridden ships of state.

This could mean the addition of trillions of dollars and because of fractional banking, $10 trillion could easily be multiplied into $100 trillion.

This week we are going to examine the potential results of such a huge infusion of capital. It may help in the short run but what about the long run?
...

Picture
(Recaps Note: Yes we are aware of date - we found article interesting - relevant and with recent reference from others)

The World Economy is Saved!!!
November 23, 2011 By Dene McGriff

The world economy looks pretty bleak at the moment. As I have written in the last three articles, there is way too much money and debt sloshing around in the world, too many entitlements, too much complaining and too little production.

Interest rates are increasing in Italy, Spain and even France. The debt/death spiral has begun.

But what if I told you that we have a temporary fix? Just remember, you heard it here first. I'm not going to back this up with a bunch of links because no one is talking about it and no one is supposed to even know about it.

This is hush-hush. But the "powers that be" are about to come upon trillions of new dollars.
...

HERE IS A SHORT VIDEO ON THE PAST, PRESENT AND FUTURE OF THE GOLD STANDARD. VERY GOOD.

John Butler "The Golden Revolution" 2012

http://www.youtube.com/watch?v=dkpZa2wNOc0

[cruiser] "We think that talk of currency wars is overblown," Ms Lagarde said. "People did talk about their currency worries. The good news is that the G-20 responded with cooperation rather than conflict today." http://www.telegraph.co.uk/finance/economics/9874893/Christine-Lagarde-plays-down-talk-of-currency-wars.html

[Josey Wales] cruiser good stuff Brother........

okrocks] cruiser yesterday we read all the news articles on her from the G20 and decided we are ready ;)

[RFrost] cruiser I like that article and this one too. http://www.foxbusiness.com/news/2013/02/16/us-hopes-to-finalize-imf-vote-reforms-soon-us-official/

[RFrost] cruiser Yuppers, kinda makes ya smile deep down, dont it? grin

[cruiser] RFrost yes it does.

[rotormech35] I really think the "announcement" was yesterday with that press release... not sure there will be another one on any of it

[rotormech35] it will just happen

sandytob] rotormech35 agree
....
Read More
SteveI :First of all, it is not over just quite yet but pretty darn close. Actually close enough to almost call it done and over like she said. I do strongly believe it will be very shortly, however a few more days seem to be looking better and better. I am hoping to share more late Sunday or Monday on the status of things that we are aware of that need to be completed yet.

Now, I absolutely agree with her timing. How she knows this information as pretty incredible and spot on if you ask me, but no one asked. Her sources are pretty darn good great.

When I give my last advice, that will be one you can take to the bank.

Is it possible to be nervous and excited at the same time?

Have a safe weekend everyone and stay tuned to our next updates.

Blessings to all.

Steve
....


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We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.  Our Blog posts are e-mailed in this Recap Newsletter.  

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