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10pm March 24th, 2016

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Table of Contents


Dinar Updates  Thursday AM Chat  3-24-16    Part 1 of 2

  Post From Dinar Updates 
Chat Room Excerpts & Highlights

Dinar Updates  Thursday AM Chat  3-24-16   Part 1 of 2
DHOLLA says(): Currency Auctions  Announcement No. (3164)
The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 24/3/2016 and the results were as follows:
DETAILS                        NOTES
Number of banks              27
Number of remittance companies              21
Auction price selling dinar / US$  1182
Auction price buying dinar / US$  -----
Amount sold at auction price (US$)            75,135,085
Amount purchased at Auction price (US$)               -----
Total offers for buying (US$)        75,135,085
Total offers for selling (US$)         -----

Notes From Thursday 3-24-16 "WingIt" Call by DPChamp at WSOMN 


DPChamp:  **Notes from Wingit Call 3/24/2016

Gerry read this statement (source not identified) at the beginning of the call:
"Good morning, gang.  I want to point out a couple of things to you so you are prepared.
1) Tomorrow, being Good Friday, many banks and markets are closed
2) The issue from last week (Options, futures, and contracts not being delivered), that problem is still very much on the table.  Clearly the SEC and the NASD are not enforcing the law or rules
3) On Monday, most banks in Europe are closed
4) Problems with Credit Suess or SWISS are directly related to the Treasury's non-deliveries, which is about to be made public...and this will tie in with Deutsche Bank scandal as well.
The below posts were in our 6pm newsletter

Elmerf123456:  The heat is on!!!! Yes!!!!! Oil Minister @AdilAbdAlMahdi officially announced his resignation. 2 days before PM Abadi to release candidates for cabinet reshuffle. #Iraq

Iraq Retakes ISIS-Held Villages Outside Mosul @tarangoNYT

There it is, confirmation that Fayadh Hassan Nima will serve as acting Minister of Oil #Iraq

Elmerf123456:  Swiss banks land in the middle of a money-laundering investigation (again)

TnDr:  Elmer, can you speak to the meeting in Baghdad on Sat? Pretty darn big deal, eh?
Elmerf123456:  Tndr ya think? Huge!!!!

TnDr:  It is Huge! Huge!!


BLC Admin Tlm724 News & Comments 3-24-16

Central Bank building one independent bodies in accordance with the Iraqi constitution ..
Photographed by Mahmoud Raouf

The central bank reduced the money that allows the traveler to purchase $ 3000 
Author: AHF, ASJ  Editor: AHF 23/3/2016 20:39      Long-Presse / Baghdad  Today decided to CBI, on Wednesday, to determine the share of travelers with 3 thousand dollars only, while pointing to the possibility of providing passenger demand in case he needs a larger amount, warned banks and money transfer companies from manipulating quotas.
A source at the central bank in an interview (range Press), he was "committed to the law of the Iraqi Central Bank and the guidelines for the International Monetary Fund and international norms and practices, 

Pastors Ed & Kat International Prayer Call Thurs. Night 7pm ET

641 715 3660     406878#
641 715 3659    406878#   recorded version

Ok its time for your breakthrough come join us 
tonight  and receive it special delivery direct to you from the throne room.
Shalom Shalom

God Bless

Pastors Ed & Kat

Thanks Dinar Recaps for all your help

Netglobal:   We are farther along in the battle to take Mosul than what is reported in the press but we have a long way to go to finish the job. There are a few thousand ISIS fighters in Mosul hidden in a population of 1.5 million. It is going to take some time.

The good news is that the security situation in Mosul may be good enough to move forward with the RV. Time will tell.

Mangelo:  You should know by now, what we see is usually weeks past or months past from the news articles.

RaginCajun:  remember guys if the mosul situation is in the news they are further along then mentioned. If it is in the news it is a done deal. We wait for the flag to be planted

NetGlobaL  Folks with Moon and Legarde in Iraq this weekend, the expected announcement of the new MPs and the announcement of the offensive to take Mosul, this ought to be a great weekend


Dinar Updates  Wednesday PM Chat  3-23-16    Part 2 of 2

djmckaytx says to love it 2():Here's a question I was pondering as I worked in the yard last night...does anyone know how much in hard assets Iraq has? This could mean precious metals, petrochemical, etc. If one was to take out a loan solely based on the collateral Iraq possesses, how much would they be able to borrow? Would it include harvested and unharvested resources?    Eh...I think too much.
wmawhite says to djmckaytx():Alot.......
djmckaytx says():Just wondering what that would be compared to the artifical value of the hard currency currently in print...wouldn't that be the value/amount of the RV theoretically?
djmckaytx says to wmawhite():OK...
djmckaytx says to wmawhite():Just being an accountant I guess...once a bean counter always a bean counter... :)
love it 2 says to djmckaytx():i have no far as i know its all still useless paper .. :D

Dinar Updates  Wednesday PM Chat  3-23-16    Part 1 of 2

Why you need to have PHYSICAL CASH... now. Simon Black    

Santiago, Chile 

Think of the word "money" for moment. What's the first image that comes to mind?
Perhaps the folded paper in your wallet. Or the balance in your bank account.
Or perhaps the investments in your brokerage account.
In our modern financial system where unelected central bankers wield totalitarian control over the financial system, all three of these are forms of money.
But the relationship between them is very tenuous, and very risky. I'll explain:

The below posts were in our 10 am Newsletter
Sovereign Man  Notes From The Field  By Simon Black
March 16, 2016    Singapore
[Editor's note: Sovereign Man's Chief Investment Strategist, Tim Staermose, is filling in for Simon today.]  

One of the wealthiest countries in the world-- the place where there are more millionaires per capita than anywhere else on the planet-- now has a dirt cheap stock market. 

It's Singapore. 

And right now, the total market value of all stocks traded in Singapore amounts to about 107% of the country's GDP. 

The historical range for this number over the past few decades has gone as high as 418% during the bubble years in the 1990s, and as low as 92% at the height of the 2008 financial crisis. 

This 'stock market to GDP' ratio is a hugely important valuation. 

Warren Buffett considers it "probably the best single measure of where valuations stand at any given moment." 



Dallred123 : Ok got some good news, my buddy just got a call saying to come into his office at 10 pm. He said he was happy to go, this is an important meeting, said there will be some big names calling in and they want him there to make sure everything will run smooth on the program side...This has happened only one other time that I know of....This late and zero notice....I'm pretty excited

Buckmaster:  I like to hear about exchanges taking place personally . Because I feel like the more they get out of the way , the shorter the line will be when we are called in

Dallred123:  Just to be clear I never said the big wigs were exchanging last night

Tuttls:  3/24/16 @HaiderAlAbadi - Operations to liberate areas surrounding Mosul launched today. First stage of our offensive has been swift and decisive. Daesh is in retreat

Joydancing:  Just praying airam that the flag being there will allow this to finally fly. The fact someone was able to accomplish that speaks volumes. I sat straight up in bed when I heard it on GMA (Good Morning America) today LOL