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11am March 12th, 2016

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Table of Contents

Dinar Updates Friday AM Chat  3-11-16    Part 3 of 3


 
rcookie says to slh5282():KURDS RESUME PUMPING OIL TO CEYHAN AFTER 3 WEEK HIATUS....
rcookie says to slh5282():TALKING ABOUT IT TODAY...
 
slh5282 says to rcookie():ok thanks
slh5282 says to rcookie():any idea what time or around the same 4:30 Central
 
slh5282 says to rcookie():YOU THINK THIS IS GOING TO DROP THE PRICE OF OIL AGAIN?
 
slh5282 says to rcookie():HOPEFULLY NOT SINCE THEY HAVE SIGNED AGREEMENT WITH EYGPT..
 
Baxter1243 says():Oil today is at 37.84... down 1.19%....
mudder says to Baxter1243():oil we want is BRENT $40.34 RIGHT NOW
~~~

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Dinar Updates Friday AM Chat  3-11-16    Part 2 of 3

subgirl says to wmawhite():thank you mr white for explaining the bonds issue with us! :) YOU ROCK!!
R&R says to wmawhite():Yes... thank you (y)
 
billuke says to tman23():but also along with making it attractive, a change in currency rate will also change the prices of goods & services - within the country.
 
joyojoy says():Would someone show the math for the return in country on these bonds?
joyojoy says():please
 
billuke says to joyojoy():if it's 6%, then 1182 would be 1252.92 in one year
 

Dinar Updates Friday AM Chat  3-11-16    Part 1 of 3


 
jtank says():what do u think of the bond sales-- not much money from sales--?
jtank says():Md was implying the 15th was a date to consider because of the bond sales on that date--dunno
 
designbyg says():i wouldnt expect a rush of sales....but the fact bonds are available is good....
designbyg says():and these bonds are 'international' yes?
 
jtank says():dunno- guess so
designbyg says():i believe they are....all part of the plan i expect....wether they sell large volumes or not...its all good....
 
jtank says():as long as they keep on moving forward--
jtank says():well i dont think the sales will help their situation at all--
 ~~~

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Tidbits From WSOMN Members Friday Night 3-11-16

1 Comment
 
WSOMN:

Platinumrunway: Evening everyone...Well banks are on alert that rumor is true.

As far as it happening tonight....eeeeeeh hopeful but staying grounded

Everything points toward next 48 hrs, guess we will see.

Source went dark as of 4 today

Garfield:  Plat have you been gagged like some of the owners??

Platinumrunway:  No gag just need a lil more intel....Wont have it until about 1 am
Headed out see u guys soon, keep phones close....currency even closer...wink!!
....

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Wealthwatch OOTW News & Comments   3-11-16   Part 2 of 2


 
 
rocknrollbus: Hmmmmm.......had a very interesting Uber ride with my Iraqi driver this morning!!!
 
OOTW: oh yeah?
 
rocknrollbus: He wasn't truly convinced Abadi could get rid of the corrupt. When I told him Mahmoud was under house arrest, his eyes got as big as pies!!!
 
OOTW: WELL NOT SURE IT'S TRUE...THE LATEST IS THAT MAHMOUD AND HIS SIDEKICK BAYRAKTAR HAVE A "MARRIAGE CONTRACT" IN ENGLISH, STATING THAT THEY'VE "CONTRACTED" TO SEEK ASYLUM OUTSIDE OF IRAQ
 
OOTW: THIS HAS COME FROM JUSTICE NEWS..USUALLY A VERY CREDIBLE SITE

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Wealthwatch OOTW News & Comments   3-11-16   Part 1 of 2

Tootsie: Good Friday morning!
 
Tootsie: Baghdad-Iraq Press -11 March / March: gave Prime Minister Haider al - Abadi political blocs, until next Wednesday to submit their nominations to fill government positions in a cabinet reshuffle expected. He said an official letter addressed to the Director of the Office of the Prime Minister and the agency Mahdi Keywords, to the political blocs,
 

More News, Rumors, and Opinions Late Friday Afternon 3-11-16

2 Comments
 
Wsomn:

Nursedeedeezee:  Everyone needs to read this....it's huge stuff
http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en

Huge stuff it's from ministry of planning....it's the exchange rate information!

NewCreation:  NURSEddee I love the last statement: Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar.

Nursedeedeezee:  Yes it's at the very bottom of the post...I think this is the "rate" Frank was talking about... Problem is it doesn't specify when it goes into effect however Frank26 was talking about them working on the numbers...
....

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The below posts were in our 6pm newsletter

Dinar Updates Thursday Evening Chat  3-10-16    Part 2 of 3

  rcookie says():19. The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
 
Such a move towards acceptance of the obligations under Article VIII of the IMF's Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.
 
As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying implementing regulations, to remove the limitation on 
 
~~~
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Dinar Updates Thursday Evening Chat  3-10-16    Part 1 of 3

  Geofitness says to rcookie():Have you seen this? Does it mean anything? "Partial halt in the movement of the Iraqi market due to the high currency exchange rates"  http://economy-news.net/content.php?id=2396        http://economy-news.net/content.php?id=2396
 
SoonRV says():The Iraqi market is experiencing an unprecedented halt in trading because of the rise in exchange rates as well as partial deductions from salaries that resulted in Iraqi market
 
SoonRV says():http://economy-news.net/content.php?id=2396
 
Geofitness says to wmawhite():Have you seen this? Is it significant for us to consider? "Partial halt in the movement of the Iraqi market due to the high currency exchange rates" http://economy-news.net/content.php?id=2396
 
dwightj says():DID THE RATE CHANGE AT THE CBI
foxmulder says():god we can only hope
 
dwightj says():THEY MUST BE TALKING ABOUT THE VOLUME NOT VALUE
 
rcookie says():LIQUIDITY..AND THE EFECT ON MARKET TRANSACTING DUE TO  EXCHANGE RATE VOLATILITY...
 
~~~
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Mnt Goat Friday Update - "The Progress Continues" Part 2 of 2

Back to our intel.
 
Now we see Abadi asking for more time and saying he will keep them informed of the progress in this effort and move on his cabinet reforms as fast as he can. Some members of parliament called for 6 months to do the job, and we all know this would be an unacceptable timeframe as it will take  but rather maybe a week at the most, but certainly past the Sadr deadline. Giving 6 months of course would mean falling into the same old, same old stuff.
 
They also told us  the Abad is sacking all his ministers but three of them. Abadi decided to sack the minister of finance Hoshyar Zebari too. Sorry to all those who stick by this guy since he is one of the corrupt bastards bringing Iraq down and I agree he needs to go.

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Thursday Night 3/10/2016  The Big Call - Recording Link and Replay #'s

RECORDING LINK

Playback number: (605) 562-3198
access code 123456#
 
89 Minutes

The Big Call
  

Mnt Goat Friday Update - "The Progress Continues"  Part 1 of 2

  4 Comments
  
( Thank you George for emailing this so Dinar Recaps can post it.)

Edition: UU6908              Dated: March 11, 2016          Title: "The Progress Continues"

Hello Everyone,
 
Today I bring you again the news of the two main paths being worked on by Iraq. The financial and the political paths. These paths will merge shortly as they need to very soon. The protestors in the streets are not going to allow this stagnation to continue much longer I can assure you of this. Once the cabinet is reformed then they will strongly move on to demands for justice to these high level officials next. These protestors will not end.
 
I have developed a new window which I feel may be our next earliest shot at an RV timeframe. Of course, as usual, Iraq never finishes anything on time so this window may move but let's see how everything goes in the next 4-5 weeks before we jump off the bridge of despair.

Read More
  

News, Rumors, and Opinions Late Friday Morning 3-11-16

 WSOMN:

Platinumrunway: More money moved in the banking sector, emails still going out to groups, bankers went in early this morning, some working very late tonight.

Cookie04: Plat - do you agree with Tanks information about around noon today for this thing to pop?

Platinumrunway:  Cookie hard to say, we want that but who really knows?

I have a meeting with my business banker and wealth manager at one, if there are any developments from that I will come back and report .

The one thing I had to learn and Wolfy taught me this, never put something out there that you cant confirm.
....

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Dinar Updates Thursday Afternoon Chat  3-10-16    Part 2 of 2

  cookie says():The announcement of the new table to the salaries of employees of the Ministry of Interior By Roudao 33 minutes ago    Roudao - Erbil
 
The Ministry of the Interior in the Kurdistan Regional Government, on Thursday, for a new agenda for the salaries of employees of the Ministry of Interior, and includes a reduction of between 15% to 70%, from internal employees' salaries.
 
The statement includes employees of the Ministry of Interior to reduce the salaries, according to the reduction system, this procedure does not include the employees of civilians in the Ministry of Interior, and the protection of officials.
 
~~~
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Dinar Updates Thursday Afternoon Chat  3-10-16    Part 1 of 2

rcookie says():Haji ruthless means annihilated currency auction claimed , for example , becomes a day per week only?
 
rcookie says():(The governor of the central bank on the Keywords announced in the third from last March that the new guidelines set by the bank is that the auction is no longer a daily window for operations for the sale of currency auctions,
 
noting that the new mechanisms developed to sell this currency, especially The functions of providing currency for trade) and external.
 
~~~ 
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