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11am February 8th, 2015     

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Don't Do These Things If You  Are Financially Strapped  Or "Broke" 

5 of the Worst Things to Do When You're Broke    By  Erika Rawes  

A large portion of Americans are, well, broke. A 2014 Pew Research Center report indicates that a surprising 40% of Americans identify themselves as lower-middle class. 

This statistic, coupled with the fact that around 50 million Americans live on household that bring in below-poverty level salaries, conveys just how many Americans are earning lower incomes these days.

Have you ever been broke? If so, did your financial decision making improve as a result of your limited financial resources? 
~~~


Millionday News 2/7/15

Welcome to dinarupdates.com for News time with Millionday!

Millionday: HERE WE GO -- READ EVERY WORD BECAUSE THERE ARE MANY THINGS THAT GO WITH THIS TIMELINE AS WELL

Millionday: Stressed Prime Minister Haider al-Abadi , Saturday, he will announce next week a new initiative aimed at strengthening the Iraqi economy through the support of the private sector, pointing to the allocation of funds in the federal budget to repair the devastation caused by " Daash "a number of cities Iraq .

Millionday: NOTE -- NEXT WEEK THE PLANS AND ACTIONS WILL BE RELEASED FOR IRAQ AND THE ECONOMIC REFORMS AND CHANGES THAT WILL OCCUR
~~~


Brule   UAE willing to put defence capabilities at Jordan's disposal

06 Feb 2015 11:59 PM by JT |  AMMAN - The United Arab Emirates is willing to dedicate "military capabilities to Jordan's armed forces", a senior Emirati official said Thursday.

 His Majesty King Abdullah received a phone call from Abu Dhabi Crown Prince Sheikh Mohammad Bin Zayed Al Nahyan, who offered condolences over the death of pilot Muath Kasasbeh and expressed the UAE's solidarity with Jordan, praising the Jordanian army and its "heroic role in combating terrorism".

 Sheikh Mohammad, who is also the deputy supreme commander of the UAE armed forces, condemned the acts of the so-called Islamic State terrorist group, which killed the pilot by immolation, drawing condemnation by the international community.

 The King received more calls and cables from leaders offering condolences over the death of the officer.
~~~


KTFA: 
islandg1211 :The curfew was "put into place by US troops in 2003." My point exactly. Doesn't anyone else recall Frank discussing why, for legal reasons to meet the definition of sovereignty, the US had to pull out prior to Article VIII and the RV? We had this discussion back in December 2012.

Some of us actually do have notes that far back. Lifting the curfew, IMO, not only sends the message that Baghdad is safe and secure, but SOVERIEGN.

I've been wondering if and when we will be told that Iraq has a holiday during our three-day Presidents' Day holiday. Dr. S may want a three-day holiday. Just wondering.

Frank26:   Greetings KTFA Family:  I'll try to make this short.
....


The below posts were in our 6pm newsletter

 

Thank You My Ladies for allowing Recaps to post this news.

MY LADIES:  Support the dinar   2/7/2015 0:00


 BAGHDAD - morning  called economic researcher state just to support the dinar exchange rate against the dollar over the insider only in local currency and away from the dollarization of the market because of the negative impact on the economy.

MY LADIES:
THIS IS WHAT WE WANT TO SEE HAPPEN, THE STABILITY IN THE DOLLAR / DINAR EXCHANGE RATE IN THE MARKETS IN IRAQ. PRESENTLY THEY ARE HOLDING WITH IN 20 DINAR AND THEY HAVE ENDED PRICE GAUGING.

Adel said in a statement the "morning" is necessary to restore public confidence in the local currency, which has a lid large reserves of gold and foreign currency, and not underestimate the value to any other currency.

MY LADIES:THIS IS THE STRONG RESERVES THE CBI HAS TO SUPPORT THE DINAR
....


 

 

KTFA:

Frank26:  Hey CBI ......... How long does it take to get to The Core of The MR?

Hmmm......... Give me a #@!% hammer and I'll show You.

KTFA Family: I found it comical yesterday to note that the USA wants to increase our taxes in order to collect more revenue as the GOICBI prepares to pay the USA ......... TAXES.

There are moments in The Universe's Chronology where major changes trigger off a combination of events.


IMO ........ So was this to the IQD's MR. (Monetary Reform)
....


 

 

Reader Thoughts & Comments On The Shifting Script  - Part 2

Cooper 
(@coopersmith648) FEBRUARY 4, 2015 AT 6:24 PM For anyone that's got 3 hours to spare (lol) here's the UN WebTVs 1st meeting on Sovereign Debt Restructuring Processes

LINK

Someone to pay attention to as the UN proposal for a Debt Workout Mechanism or SDRM unfolds is Professor Jos� Antonio Ocampo. Acting as keynote speaker for the first hour in the above UN WebTV broadcast, he appears to be spearheading the campaign.

Also in Breaking News:

IMF boss calls for changes in global currency system to increase financial stability
~~~


 

Reader Thoughts & Comments On The Shifting Script  - Part 1

MetaTrader 
(@MetaTrades)  FEBRUARY 4, 2015 AT 7:15 AM Hi JC,

Been a follower for the last few months and I always take great pleasure in reading your latest posts.  One question I've had for a while that I'd like your full opinion on is about the US equities market.

I've been an options trader for many years now and I've ridden this 5 year bull market all the way up. Since about the middle of last year I've been much more hedged and even preparing for a big correction in tech stocks as well as the S&P.

My question is, once the multilateral framework is out in the open and it's mainstream news that the world will be moving away from the US dollar as the reserve currency, will we likely finally see a major correction in the equities market? 

There has been trillions of dollars that have gone into the US market since 2008 and billions have been made between high frequency trading and pure manipulation.

I know you don't have a crystal ball, but what would you assume would happen at the point where the cat is out of the bag so to speak and the transition really starts getting underway around the end of the year?
~~~


 

 

Morning News Comments 02/07/2015 Looking good , feeling good !  Part 2

Parliamentary economy calls for action to provide a valid foreign companies investment environment 

[tlm724] he stressed expert in economic affairs on the need to provide an appropriate atmosphere for the work of foreign companies for the advancement of the sector and to supplement the budget money
  
[tlm724] He called expert Iraqi government to "diversify the economy and lack of dependence on oil imports only, and must also overcome obstacles to investment companies coming to Iraq and provide a positive atmosphere for those companies."

[tlm724] I think we will see the investment law presented anytime now  Wink   and this will help overcome the obstacles referred to above
~~~



 

 

aggiedad77 � February 7th, 2015, 11:29 am 

Saturday News Summaries and Commentaries

Wow I can tell you there is a great deal of news to absorb today....so let's jump right in.....Abadi and Barzani are both in Germany and both will be talking to Biden....there is noise today that the budget hasn't gotten to President Masum....if true...where in the heck is the budget.....more talk from Dr. Saleh on the economy....could US ground troops be taking part in the re-taking of Mosul....and more.

Saleh: starting Baghdad Economic Forum step to achieve development

A group of economists and academics announced the formation of a Baghdad Economic Forum....Dr. Saleh spoke of this organization and stated it is a non-governmental group, not for profit.....working independent of the government but sharing their efforts cooperatively with the government to build the market and achieve development.....
....


 

 

Jester's Place:

[tessamae] Truth did Jester come by early?

[Jester] BUT I AM HERE NOW... HI EVERYONE... HAPPY FRIDAY...

[dudenocoins] Jester has anymore dominoes fallen since October?

[Jester] dudenocoins I CANNOT BEGIN TO IMAGINE THAT YOU HAVE NOT NOTICED ALL THE GOINGS ON IN THE WORLD... HAHAHAHAH

[hoot2602] Jester I thought the CBI's release about currency exchange procedures was a big deal.

[dudenocoins] I have noticed a lot of things happening and was wondering if things where following your critical path or if there have been detours?
....


 

 

backdoc � February 7th, 2015, 11:21 am  IMO

GUEST LIST

WITH BLACK GOLD IN A SHORT SQUEEZE PRICES LOOK TO HEAD LOWER BUT WHEN?

MMMM THE RECENT NEWS IN IRAQ LEADS US TO THINK MAYBE NOT UNTIL THE DINAR TAKES VALUE!

 INTERESTING THAT 58.00/ BARREL IS A TARGET PRICE FOR THEIR BUDGET AND TODAY ENDS AT 57.80/ BARREL! MMMM

LIKE THE TRADERS SAY, YOU CAN'T HAVE THE DOLLAR CONTINUING TO GO UP AND OIL GO UP! IT SIMPLY DOESN'T WORK THAT WAY!
....


 

 

Emailed to Recaps:

Hello Everyone:

It's been sometime since I posted my information. I know some of you have completely discredited statements regarding your investment in the Iraqi Dinar.

Yes my timetable may have been a bit skewed but not incorrect, I come back in hopes of restoring your faith.

Again you are on the brink of witnessing Iraq's dreams and also your dreams coming true.

These next few weeks should prove positive for this to happen. The exchange rate will be $3.42 as I have always stated,

I do have further information to substantiate this post. If given the opportunity via this site, I will expound upon it.Smile : )

Wife in the Know
....



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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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