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11am, March 30th, 2013   

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NOTE TO OUR EMAIL SUBSCRIBERS:
Stryker's Breakdown - Post From Stryker's Blog
Kaduku/Lapdog/Doc/Ducky Opinions - Post From Dinar Detectives
News, Rumors, and Opinions in Dinarland Saturday AM
Wife in the Know Friday night post emailed to Dinar Recaps
Tlm724 Article Breakdowns - Post From BondLadys Corner
Friday Night Dinar Chatter
OCrush Update Friday Evening - Post From Peoples Dinar
The below posts were in our 6pm newsletter
Mailman & Member Chat - Post From Dinar Speculator
SWFG post emailed to Recaps Friday Afternoon
FLASHING ARTICLES AND ANALYSIS FRIDAY 3/29/2013 sent by MarineMom
Friday Afternoon Dinar Chatter
Pastor Ed's International Prayer Call 7pm (ET) Friday
FinCEN Form 104 from Eagle Has Landed
SteveI Thoughts from PeoplesDinar Emailed to Recaps Fri.AM
Friday Morning Dinar Chatter and Opinions
Rumor and Opinion From Eagle1 Emailed to Recaps Fri. AM
© Copyright DRT Distribution, LLC All Rights Reserved

 

A SHORT BREAK DOWN FOR THIS SATURDAY MORNING
*** Council voted in principle to the demands of the Sadrist movement

*** that the current government since it was formed until now operate without an internal system, speech current approached restore order, just statements to the media.

*** hoped to approve the Cabinet system

***  Earlier, announced the National Alliance for the formation of four committees,
...


 

KADUKU:   Arab countries are very proud of their wealth and strength of their currencies against other countries, and since Kuwait has their KD at $3.50 per 1 KD, I have a strong gut feeling that Iraq will either match that of Kuwait or have their Dinars slightly higher maybe around $3.75 to $4.00 per ID. JMO here! Go RV, God Bless America! 


LAPDOG: I REALIZE I AM THE LAST PERSON YOU WOULD EXPECT TO HEAR THIS FROM ----- BUT AFTER MY 90 MIN TEL CONVERSATION TODAY WITH MY PERSONAL FRIEND GOV COMPLIANCE SPECIALIST IN BAGHDAD -----

THIS POST FROM DOC AND KADUKU MAY NOT BE AS FAR FETCHED AS WE MIGHT THINK.

FOR THE FIRST TIME EVER ----- I ACTUALLY RECEIVED VERY POSITIVE NEWS FROM MY GUY IN BAGHDAD --- AND HE HAS BEEN SO VERY SKEPTICAL FOR 8 YEARS UNTIL NOW.

THIS IS THE FIRST DAY EVER I HAVE REALLY FELT GOOD ABOUT WHERE WE ARE.
...


 

diverdown] Minister of Finance and agency exchange announce the launch of the budget of ministries and provinces Alsumaria News / Baghdad Minister of Finance announced Agency Ali Shukri, Saturday, firing exchange the general budget of the ministries and provinces starting today.  Shukri said in an interview for "Alsumaria News", "The Ministry of Finance Exchange launched the general budget for the current year 2013 for all ministries and provinces."

 [diverdown] Shukri added that "going forward will launch from the day Saturday, March 30 now."

http://www.alsumarianews.com/ar/3/58404/news-details-.html

[diverdown] Budget Launched WOOHOO

[Bear'sOpenHeart] diverdown WooooHooooo

[SGD3] diverdown So thats it then.... very exciting

[.ladybug65] We're gonna be rich!! :whoohoo:

Mar 30 8:06 AM [diverdown] Financial: dismissal of the general budget by the end of the month 30-03-2013 03:10 PM Baghdad (newsletter).Agency Finance Minister Shukri, the launch of the public budget spent for all ministries and provinces. In a statement, "said El shukrijumah had received (News Agency) a copy of: the lau
....


 

Hello Everybody:

I have wonderful news!! My husband has been contacted by his superiors, he was instructed to start negotiating with all future countries using terms of the "new" value (3.42) of the Iraqi dinar. He has in the past always used the US Dollar. Iraq holds a huge amount of our currency due to their oil sales, so for them to finally start using their own currency is a great sign of progress for this country. We are truly at the end of our endeavor and Iraq is really showing concrete evidence of their growth as a internationally recognized country. The timeline I have given for the actual rate change IS STILL A GO... April 1st.

I must say, I have befriended an individual who goes by the name of Naples Nurse. She has continually uplifted those around her during this long and sometimes emotionally unbearable process. She is a very kind soul and has shown by her actions how to serve others without recognition. I would hope that all of us who will soon prosper from this investment will pay forward to others who are in need.

Please remember, this holiday weekend and what it represents is far more important then any earthly gain!

All smiles here : ) : ) : )

Wife in the Know

 

tlm724] with all the talk recently about the UN I just wanted to give you a little background info about chapter 7 sanctions and show you where Iraq is today

so what brought on chapter 7, well simply put iraq invaded kuwait in 1990 because Iraq accused Kuwait of stealing oil through slant drilling and there is speculation that Iraq borrowed 80 million dollars from kuwait to finance the iraq-Iran war and kuwait was booming in oil production thus reducing iraqs oil revenues .

Iraq over ran kuwaiti forces and occupied kuwait for 7 months until the direct military intervention by American-led forces in the gulf war. Thats the short version lol

so in order to get saddam hussein in check or out of power the UN decided to impose sanctions under chapter 7 thus allowing the UN to monitor and basically control any and all conflicts, trade and economic dealings in Iraq . saddam needed to be stopped !
...


 

New BATMAN call tonite (Friday) 9:00 p.m.(edt)....(559) 726-1300...

PIN # 624765#....this is pure BATMAN...

PLEASE JOIN THIS CALL....see you there

Blaino: rumor has it that we are go for reval from the top of the hour (5:00pm central, minutes ago) and going FORWARD.... Sounds GOOD.... However, i am holding the "turbo button" down on plan b anyway!

Blaino] THIS EVENT WILL NOT.... WILL NOT.... WILL NOT BE: "EARLY CASH OUT" (OR CASH IN); EXCHANGE OR ANY SUCH SO CALLED DEAL

[Blaino] WE HAVE A NAME FOR THIS PROJECT, BUT FOR NOW WE WILL CALL THIS "PLAN B"

 [RedBull] Blaino So your hope is that if this takes longer than is currently projected, you are giving us a means to move forward while we wait -- but that will NOT be considered an early exchange?

Blaino] RedBull YES! GIVE YOURSELF A CIGAR! OK, LATER ALL... GOT LOTS TO DO... OFF TO DO IT!

 [Blaino] here's the DEAL... And just read and understand... (we do not need a lot of comments) $ from one account can be very easy to move to another account in the same "system" or BANK... This kind of transfer has a NAME... You do NOT.... You do not need to share that here or comment further on
....


 

Posted Today, 03:34 PM
This will be quick.  The CBI governor and a French economic delegate from the Central Bank of France had a meeting at the French embassy in Baghdad yesterday. 

The French will help the CBI jointly to prepare them with the monetary changes.  The French CB has the expertise in these policies even with instability of the politicians. 

The French CB was created in 1800's  and is now part if the European Central Bank which they helped create, I believe in '93.  This is HUGE!! The French have their backs now.  One big happy Family:))   Cheers All:))

OCRUSH UPDATE  Posted Today, 04:19 PM

Hello Steve and Ray

I hope all is well with you both.  I am sending this to you so our members will have a clear outlook on certain timelines.  These are facts taken by the Iraqi Constitution.  It states the deadlines they have when the Ministers, Parliament, Presidency, Cabinets pass laws.

 Our concern of course is the budget.  There seems to be a confusion on how we came about on the days the law allows for legislation to be published in the gazette.  Let me show them:)
...


The below posts were in our 6pm newsletter

mailman17 (2:08:29 PM): REASON I STEPPED IN IS TO THROW SOMETHING AT YA THERE IS AN EMERGENCY SESSION AIMED AT PASSING THE ACCOUNTABILITY AND AMNESTY LAW... WE ALREADY KNOW MALIKI IS DUE FOR QUESTIONING MONDAY

W8n2cashin: yes he is

mailman17: THE OTHER LAWS WAITING ARE A LOT BUT THE ONE THAT STICKS OUT TO ME IS THE MESOPOTAMIA LAW ALTHOUGH UNDEFINED IMO

THAT IS PARLIMENTS APPROVAL OF ACTUALLY PUTTING THE NEW NOTES INTO PLAY ALONG WITH THE NEW RATE THAT THE CBI WILL GIVE NOW LETS RECAP

THE CBI IS AUTONOMOUS THEY CAN PRINT WHATS NEEDED THEY CAN EVEN HAVE IN STOCK...THAT WHICH IS NOT NEGOTIABLE
...

3-29-13 SWFloridaGuy: Amazing news today(thanks Yota for the article) !! The Finance Committee VP announced that they will be returning the natural rate of the IQD against the USD which proves that Iraq's rate is artificially low due to war/sanctions and not solely due to excessive printing of the old notes. The IMF is also supporting and instructing them on how to accomplish this. Unless you believe in a straight RD, you've known this to be true from the start and why you made a great financial decision (low risk/high reward) in seizing this opportunity.

After talking to several people, with several different theories, I believe Iraq will take a more general convex function where the growth increases in a way completely disproportional to it's current value. In other words a float is doubtful, only if the suggestion is that they would be exponential/or in that neighborhood realistically, when speaking of incremental appreciations.

Read More

FLASHING ARTICLES AND ANALYSIS FRIDAY 3/29/2013 9:15AM EDT

Central Bank of Iraq with his French counterpart, will develop the country's financial system

Baghdad (news) .. He economist peace Quraishi, the importance of the use of international expertise on the field of financial and banks to develop and support the financial sector, noting that cooperation CBI with the Banque de France will develop banking and financial system in the country. Quraishi said (of the Agency news):

The Central Bank of Iraq need global expertise to support its monetary policy, especially during the current phase, as evidenced by the Iraqi dinar exchange rate plummeted against the U.S. dollar. and added: discuss the Iraqi Central Bank with representatives from the Central Bank of the French and responsible for fiscal policy in France will enhance cooperation and will pour the interests of economy Aloni hand the development of the banking system and financial and monetary system in the country. This was Prime BSA federal and central bank governor Agency Abdul Basit Turki Saeed with Prime Economic Services Middle East Regional Minister Plenipotentiary at the Ministry of Finance French Dolajoger and Chairman of the Economic Section of the French Embassy in Baghdad Dennis if Vries prospects for the development deal between the Iraqi central banks and the French, and the parties discussed fiscal and monetary policies and bilateral economic relations.

World Bank to restructure Iraqi Banks, CBI; Plan viewed as guarantor to IQD restoration World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar

Read More

[care888] WCW ..iyo, does the 11% currency exchange tax that eagle mentions sound like a reasonable number?

WCW] care888 i have heard that comes off before we get our we wait and see

[WCW] after this happen we will know real fast what we do about taxes i say we dont have any

[care888] WCW ..ty, thats what i thought also, if they take off the top, then ce tax....talk about double dipping...

[WCW] if we listen to everything thats been put out our minds are blowed already so we wait the true will be when this happens a lot of thing we all have been told will not happen

[HIGHERGROUND] WCW good word brother

[Stash] WCW I be fine thanks....and you....Hope today is our day...

[WCW] Stash from 4 till midnight sat

[.Ladybug65] WCW 4:00 today?

[WCW] .Ladybug65 yes

[pat] WCW any news`

[WCW] pat no news is good news there is nothing else to say
....
Read More

Thank You Jesus for all you did for us.

International prayer call tonight, Friday 7pm est

530-881-1400 406878#
530-881-1499 406878# recorded, after the call

Lord our savior so precious
Come share this special day with us and receive your touch

God Bless
Pastors Ed & Kat


Thanks Dinar Recaps for your help

from Eagle Has Landed

FinCEN FORM 104 specifically states "Currency Exchange" at Part II number 33 of the form. Also look on page four of the form at Item 33 and you will see "Currency Exchange"

http://www.fincen.gov/forms/files/fin104_ctr.pdf

Here is the FinCEN site which shows the correct form the bank will use to report the transaction will be FinCEN Form 104.

http://www.fincen.gov/forms/bsa_forms/msb.html


Peace, Eagle Has Landed

*** Please refer to the advice of a professional as to which Form(s) you should sign when exchanging IQD or VND for USD.

Today, 08:47 AM

I agree my version of done and yours are slightly different. We are aware of many things that we have not shared, and when I say done, I mean the major obstacles have been removed to allow the final process to take place.

As you are all aware by now, Chapter VII is no longer an obstacle, the voting of the budget is no longer an obstacle. Yes a few final laws that have been in the works for some time will be completed. These are not new laws that just came up, but rather existing ones to wrap things up.

The budget is now in the hands of their legal ministry court or department to formally publish it. (Sorry, Ocrush told me the official department but I forget)

I had a very nice and long conversation with Ocrush and Ray last night to compare notes and we are all on the very same page and in the sentence. I have been the one that had more doubt than these two, but after a detailed talk last night, we really are there. I am not going to predict a date now but I will share what the three of us think and feel.
....
Read More

[Spark22] Quiet in here this morning

[Spark22] Poppy3 received a call saying they have heard the 2013 budget will be published in the gazette saturday. I am also hearing the ministers are being set today [thursday]. Time will tell. [do you think there will be a time limit to do our exchanges.] the currency should be good for at least 24 to 36 month and really for always.

If you have a usd $1000.00 dollar bill today it is still good and many other moneys that have been taken out of service in many currencies are still valid.

The ones that expire are like if they have a 10,000 dollar bill and they replace it will another 10,000.00 dollar bill because of a government change or regime change that is when the are expired and no good. Like the old dinar that had saddams picture that they replaced

Topic: THERE IS A LOT OF INFORMATION OUT THERE - TRUST YOUR GUT AS TO WHAT YOU BELIEVE!

[BOBGETZ6] Good Morning MIG

[watercolor] BOBGETZ6 healthy3 redhorse Good morning, rich friends!

[BOBGETZ6] watercolor At the moment, rich in spirit only but GM!!!

[juicelady] Bobgetz 26good morning is there anything new out there

[BOBGETZ6] juicelady GM Note the topic I posted above. It pretty much says it all. I have heard some good information, but until the IMF gives the UST the green light, nothing will happen.
....
Read More


(Dinar Recaps Note: This post is for informational purposes only. It is not legal, tax or investment advice. Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

This post is also classified RUMOR and OPINION and should be read as such.


Eagle1: Multiple meetings have been taking place at Wells Fargo and other banks today preparing execs for the imminent RI of the IQD. I received a specific bit of info today from a Wells Fargo officer who gave some important advice to all of us.

1. If you are a customer of WF, there will be no exchange fees. In other words, whatever the normal exchange rate the bank has is what you will receive -- no 1.5% fee tacked on. ...

2. You will see an 11% currency exchange tax taken out by the IRS on any amount you exchange. You may also be charged a state tax -- depending on where you live.

3. DO NOT -- and I repeat, DO NOT -- tell them that you want to "cash in" some IQD. You are there to "exchange" the IQD for USD.
....
Read More

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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.  

� Copyright DRT Distribution, LLC All Rights Reserved   DISCLAIMER:  We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website").  We do not endorse any opinions expressed on the Website.   Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice.  We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website.  This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency.  Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisors of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor."  The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.