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10am, February 25th, 2014    

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Our Blog Posts
NOTE TO OUR EMAIL SUBSCRIBERS:
Condensed Update on Iraq Monetary Reform by Exogen at Stage3Alpha
Late Monday Night Jester and Friends Chat
Millionday News & Comments
What Is A Bank Sweep Account?
Notice to Recaps Secondary Email List Subscribers
The below posts were in our 10pm newsletter
News, Rumors, and Opinions Monday Night
Memphis "Lack Of Quorum Due To Religious Differences"
SDR's & The New Bretton Woods...Part 7
Notice to Recaps Secondary Email List Subscribers
The below posts were in our 6pm newsletter
Poofness..."Waiting On The World To Change"
WildDuck and I4U Members Chat Monday Afternoon
More Monday News Summaries from Aggiedad77 at KTFA
Unconfirmed Intel/Rumors from Stage3Alpha Mon. PM
KTFA's Aggiedad77 Headline News Summaries
Seven Money Myths...By Sienna Beard
BLC's Admin Chat
Monday Morning Dinar Chatter
Millionday News & Comments...Part 2
Millionday News & Comments...Part 1
© Copyright DRT Distribution, LLC All Rights Reserved

UPDATE ON IRAQ MONETARY POLICY & CURRENCY REFORM IN CONDENSED VERSION

Posted by EXOGEN on February 25, 2014 at 9:19am

1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS

2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN

3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE

4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY

5. THE EXCHANGE RATE HAS TO ADJUST NOW

6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES

7. THE LOWER DENOMS MUST BE RELEASED SOON
....
 

 
[dinarrocks] If the Republic is coming back, as we believe it will, and the GOOD GUYS are winning, does the threat of martial law, FEMA camps, and other NOT SO GOOD stuff have any validity??? Any comments?

[Vigilance] dinarrocks I certainly don't have an answer for you

[dinarrocks] Hoping that Jester will put his 2cents worth in on it!

[Jester] HI EVERYONE... BEEN A LONG DAY... HAHAHAHHA...

[truthseeker] Jester Please explain what seems like two different scenarios. One article states the FRN note will be easily exchanged at the bank for the UST note dollar for dollar and we will all be happy that bread and other commodities will cost less due to increased value of UST notes. Another article says, buy food, water, ammo and guns because the banks will close and you may need supplies for up to several weeks to months and Marshal Law may go into affect. WHICH IS IT ??? One sounds like the sky is falling and the other sounds like a smooth transition. I am sooooo confused.
.... 

Welcome to dinarupdates.com and Millionday news! Post By Rudie

[millionday] here we go

[millionday] MPs from Kurdistan Alliance said on Sunday , that dialogue will continue between the federal government and the regional government to reach an agreement on oil exports mechanism, noting that bilateral meetings will resume soon

The Deputy Prime Minister for Economic Affairs , Rose Nuri Shaways confirmed the possibility of the withdrawal of ministers from Kurdistan Alliance from the federal government if the salaries of the region's staff won't be paid.
...

Post From http://s3alpha.net/ Post By Exogen
 
WHAT IS A BANK SWEEP ACCOUNT?


Posted by EXOGEN on February 23, 2014 A sweep account is an account set up at a bank or other financial institution where the funds are automatically managed between a primary cash account and secondary investment accounts.

Overview

A sweep account is a combination of two or more accounts at a bank or a financial institution. It is useful in managing a steady cash flow between a cash account used to make scheduled payments, and an investment account where the cash is able to accrue a higher return.

Many banks and financial institutions offer a sweep account service for personal customers and small business owners. It has also become part of the arsenal of services offered by credit card companies.
...

As many people know, Dinar Recaps has two separate email lists we email each Newsletter.

Our secondary list is the one people receive a link to get each Newsletter.

The company that we use for that service has had a DDoS attack all afternoon/evening and is trying to fix the problem as quickly as they can.

At this time, we are unable to send our Newsletter to those people on that list.

For our 10pm (ET) Newsletter, please CLICK HERE.

As a reminder, all our emails are available online on our Archive page as soon as the email is sent.  Below is the link to that page, which is good to bookmark for future reference.

http://www.dinarrecaps.com/archive.html

We want to sincerely apologize for any inconvenience this has caused you.

The Dinar Recaps Team
The below posts were in our 10pm newsletter

 

TNT:

Susan11:  Fisherman any truth to the hoopla about 17% imf voting being an issue? Pls & ty

 Fiherman1: USA will always have strongest vote in IMF . but that meeting did not happen

Westtxcowboy:  fisherman1 how do we absolutely know that there was no vote at the IMF and the U.S. didn't hold it up by voting no

 Fisherman1: People it has always been a once in a lifetime event, it has always been a work in progress, it has always been confusing, it has always been drug out, but now all have agreed on what is best for the American people and the rest of the World and all agreed , now we wait on 800 number s, not weeks, months, its time, its coming. believe me or not. It's here.

Mrs Biggo: Folks!!! Listen!!! This is the EASIEST way to explain what is going on!!! A lot of folks seem to want to know WHAT is holding this up!!!??? Well, in point of fact, right now that would be like trying to nail jello to a wall to try and figure out something that is just not there!!! We are in a time slot of "it's happening and there is NO ONE who knows WHEN! And that time is NOW!! So sit back and relax and enjoy the ride!!
....

 

Post From KTFA By Memphis � February 24th, 2014,

    the secret wrote on February 24th, 2014, 12:32 pm:Hi, I posted this question on the last thread, it was probably overlooked, how can the GOI postpone parliament due to lack of quorum, wasn't it said a few years back any parliament member that does not show up would be fined? Is this still in effect or was it an idle threat?

Memphis: Yes your correct they did impose daily fines for absent members of parliament but that was only for that session in order to pass the 2013 budget. It was sort of an extraordinary measure enacted to force a quorum.

This penalty was imposed tho NOT by the GOI but rather the speaker of parliament Najafi (sp).
...

 

Picture
SDR's and the New Bretton Woods - Part Seven    JC Collins

February 24, 2014           

Psychological Warfare and Fist Fighting   By JC Collins

"We deeply regret that the IMF quota and governance reforms agreed to in 2010 have not yet become effective and that the 15th General Review of Quotas was not completed by January 2014. Our highest priority remains ratifying the 2010 reforms, and we urge the US to do so before our next meeting in April.

In April, we will take stock of progress towards meeting this priority and completing the 15th General Review of Quotas by January 2015."
...



 

As many people know, Dinar Recaps has two separate email lists we email each Newsletter.

Our secondary list is the one people receive a link to get each Newsletter.

The company that we use for that service has had a DDoS attack all afternoon and is trying to fix the problem as quickly as they can.

At this time, we are unable to send our Newsletter to those people on that list.

For our 6pm (ET) Newsletter, please CLICK HERE.

As a reminder, all our emails are available online on our Archive page as soon as the email is sent.  Below is the link to that page, which is good to bookmark for future reference.

http://www.dinarrecaps.com/archive.html  

We want to sincerely apologize for any inconvenience this has caused you.

The Dinar Recaps Team

The below posts were in our 6pm newsletter

 

Greetings and Saluations:

Poof has said:

Again, as we keep saying, things are progressing. At every juncture there are those who drop the ball or don't believe they are to follow instructions or have higher ups that question and drain the lakes if you will, in ways that makes it difficult to complete some aspects of the command to float the boats.

The glitches are fixed and the obstacles removed only to have more put in the way.

Forget about your not being able to access your prosperity-- think about the thousands that are in the same boat and the amount of wealth that is behind it all; and then you will better grasp the bigger picture that means so many fingers are fingering the till and believe it is easier to control in one pile than in the hands of many.
... 
Read More

 

BLESSME] Wildduck are we donium?

[WILDDUCK] BLESSME WELL I LOOK AT IT LIKE THIS WHEN THE IRAQI WATCHERS ARE GETTING EXCITED AND ARE THINKING IT IS ABOUT TO RV IN IRAQ, YOU SOULD KNOW WE ARE 10 STEPS CLOSER TO THE END THEIR POSITION. ALSO NOBODY, i MEAN NOBODY HAS BEEN TALKING FOR 3 DAYS, AND LAST BUT NOT LEAST OKIE HAS LANDED.roflmao

[weimar] WILDDUCK if you're rolling on the floor laughing your a off - then do we take you seriously lol

 [BLESSME] Wildduck lol

[WILDDUCK] weimar YES,

[weimar] Wildduck good,

[WILDDUCK] weimar WELL THERE YOU GO roflmao
.... 
Read More

 

aggiedad77 � February 24th, 2014, 3:20 pm 

More Monday News Summaries

KRG to provide March and February`s salary without having received budget from Iraq

An interesting article and meeting between Kurdish PM Barzani and Kurdish MP's, ministers within the Iraqi government and Kurdistan parliament MP's.....where it was announced that Kurdistan has money to pay Feb and March salaries....but if things are not resolved beyond that point and Baghdad continues to withhold money.....they will have to consider the sale of oil and movement of funds from the DFI account into Kurdish accounts to pay employees.....they have let this be known to Baghdad and await a response from them.....the Kurdish demands well be brought up before Maliki and his COM at their next meeting which should be tomorrow.
.... 
Read More

 

 Unconfirmed Intel from Chat: (Rumored to be from Zap today)

UNCONFIRMED INTEL: 1. THE NEW US TREASURY NOTE WILL BE COMING OUT IN MARCH.

2. NORMAL USD NOTES OUTSIDE THE BANKING SYSTEM WILL BE OF NO VALUE.

3. ALL USD IN THE BANKING SYSTEM WILL BE EXCHANGED FOR THE NEW USTN. AT SOME DISCOUNT. BIG ONE. BUT THE VALUE OF THE USTN WILL BE VERY HIGH, SO ALL GOOD EVEN AT 50%. [was told 45%]

4. THE RV IS STAGED: FIRST THE PRIVATE PLACEMENTS WILL BE PAID ON THE FIRST ROUND [HAS STARTED ON SUNDAY], THEN THE SECOND ROUND WILL BE PAID AND THE DONG WILL BE DONE THEN.

5. AFTER THE DONG, THE NKD WILL BE DONE.

6. THEN THE GLOBAL RV WILL BE ANNOUNCED [WED-THURSDAY].
... 
Read More

 

Post From KTFA By aggiedad77 � February 24th, 2014

Here are the News Summaries for Monday Morning:

Parliamentary Finance: The government may have to borrow from the central bank to pay salaries next March

There is something about this article and the news that it bears that just doesn't pass the smell test for me.....it has nothing to do with the Iraqi's running out of money.....

it has nothing to do with potentially "borrowing" from the CBI....it has more to do with money magically appearing if and when the budget gets approved....that all will be hunkie-dorie again.....
...


 

7 Money Myths You Should Know About    By Sienna Beard  February 22, 2014

 Credit, Credit Cards, Money, Spending, Consumers

Surprisingly, money can't buy everything. Yes, money can buy a new car, a lavish house, or even your own island, but it can't buy everything.

You can't purchase a sense of humor - although you might be able to pay people to laugh at your jokes - and money won't force someone to fall in love with you, or make you younger.

People love to say that money can't buy happiness, but while happiness itself can't be bought, you can certainly purchase many things that will make you happy.

People love to talk about money; that's why there are so many talk shows, movies, and even books dedicated to the subject. However, there are many money myths out there that are just not true.
...


 

Post From Bondlady's Corner Post By Tlm724
 
[tlm724] Good morning everyone, first let me tell you that BondLady extends her apologies for not being here, she is slammed at work    

[tlm724] okay here we go, this is important and I will be as brief as possible

[tlm724] Iraq Is Positioning itself for a big move !!!!!!!!!!

[tlm724] Let's begin by going back in time for a moment. Please have a quick look at this article posted by BondLady on June 5, 2012

[tlm724] 2012 !

Iraq is expected to become full member of WTO within two years June 5, 2012 Most likely a member of the Economic Committee in Parliament MP Amer Jassim winner, Iraq's accession to the WTO during the next two years, confirming the presence of several obstacles have made Iraq away from the world trade market.
...


 

TNT:

Nobleman2013:  When Kuwait RV'd. It was 3 pm on a wed when everyone gave up on it cause it was coming everyday.... Boom just like that it happened. Don't expect or think that you have to wake up to it. Banks all reconcile on Mon night here. Forex always resets Tues night. Be positive. It's here

Iko Ward : Ever chop down a good size tree. You can get it right to the point of balance where all it takes is a little push from your hand. We're right there with this thing.

Rrrr: Seize this Moment of RV..... It's a truly magical moment... don't try to touch it...just feel it's presence..... don't try to understand it.... Just know that it is here... no questions.... No doubt... when the universe is ready... She will let it Break Out.

Iko ward: According to intel, everything is done and the banks wanted two more weeks to train. Even though they created the stampede they are now asking us to let them build some fences. That was around ten business days ago. If it were my call I'd say Thursday is the last and final back wall and after that, burn it down.
....
 
Read More

 

    [Domino] millionday In the background to all these budget conversations is the commitment to pass the budget & get moving with a simple majority if cooperation isn't what it needs to be. It it likely to happen that way & if so how will we know that's what they'll do?

    [millionday] Domino we are living with all combined at this point and watching all areas as they get done -- they have deadlines for budget set for them -- that would be to make it go through smoothly within a timeline

    [swan2013] I know everyone is focused on the budget but really do you think its just a matter of pushing the button

    [millionday] swan2013 yes i do -- i dont think the budget has to be set but they are trying to get it all done in the same time to do it successfully so i would say this -- the two week and 20 timeline would be the movement of money deadline but we have to see --- it would make sense if you step back and look at all being done in so many areas
...


Millionday News & Comments  Part 1

  Welcome to dinarupdates.com Millionday News  Post By Rudie  Part 1

    [millionday] The recommendations of the government and the formation of a parliamentary supreme body of the banking reform with the aim of establishing a sound banking supports and contributes to the economic growth in Iraq,

called on the Finance Committee in the House of Representatives after consultations with government agencies, especially the formation of a supreme body to reform banking with finding a legislative environment that a bank will allow the development of banks in line with the current developments and future.

    [millionday] note -- parliament Supreme committee for the banking reform -- love it

    [millionday] smile >>>  The report, prepared by the Finance Committee on the requirements for reform of the banking system in Iraq and submitted to the Council of Ministers and the competent authorities 0.24 recommendation for the development of the reality of public and private banks.
... 



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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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