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10pm May 26th, 2016

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Table of Contents
 
Posted by SteveI:    Greetings,  Once of our members back in January "Bucks" emailed the CBI with a question regarding the Iraqi Dinar. Here is his question and their reply.
 
His question to the CBI:
 
Question: Will the dinar ever increase in value or have more buying power or be worth the USD someday ? Thank you
 ~~~

 

Wealthwatch Chat Room News & Comments 5-26-16 

 
chattels: Iraqi, allied militias advance on Fallujah; new tactics squeeze ISIS By Rudaw http://rudaw.net/english/middleeast/iraq/250520161
 
chattels: Shiite militia issues orders for Fallujah assault: no looting, no torture By Rudaw http://rudaw.net/english/middleeast/iraq/25052016
 
 rocknrollbus: '@chattels' '@chattels' '@chattels' Have you read anything about Maliki's prisoners being released?
 
RVPlease: Chattels.. I believe you are wrong on Parliament ending on June 1..... they will be there the whole month of June.....
 
chattels: '@RVPlease' I might be wrong, but do you have any data to support your thinking ?
 


 
 
The below posts were in our 6pm newsletter
 
KTFA:

Nephtali:  WOW  WOW for the USD.... this is a big article for America's currency.....
Thank you WS ......

Walkingstick:  MIDEAST MONEY-Saudi should keep options open on currency peg -c.bank paper
 
By Andrew Torchia
 
DUBAI, May 25 Saudi Arabia may need to change its currency's peg to the U.S. dollar if economic conditions shift, researchers at the Saudi central bank suggested in a paper that could shape debate among policymakers as the kingdom grapples with low oil prices.
 
The riyal's peg at 3.75 to the dollar has been a cornerstone of Saudi policy since 1986. But the collapse of oil prices since 2014, which created a $100 billion state budget deficit, has fuelled speculation in financial markets over whether it can be sustained for many more years.
 
In the paper, Ryadh Alkhareif and John Qualls analysed the advantages and disadvantages of 10 possible currency arrangements.
....


 

BondLady Chat on Exchange Rates 5-26-16

 
[BondLady] gm everyone, you see all the countries donating or granting loans in the millions an billions ? almost 10 billion in the articles today, 10 billion plus right at 12 imo not counting the IMF an World Bank loans
 
[BondLady] granted they do need a lot more but the world is steppin up to help them financially and with the obvious...security. Russia donated them a huge radar today for the whole of their country. 

USA gave them around 1.5 billion and missiles an armored vehicles, making Iraq safer for investors and building the country back up reconstruction.. lets see what else is goin on for them
 
 

 

RCookie Wednesday News Recap 5-25-16



 
rcookie says to jeffjane():HERE IS A RECAP FOR  NEWS TODAY...  (Wednesday)
 
rcookie says to jeffjane):PARLIAMENT
 
FEDERAL COURT RULES IN JABOURI FAVOR...FED COURT POSTPONES INVITING 2 SESSIONS OF HOR UNTIL SUNDAY 29TH...
 
FEDERAL COURT SHALL APPOINT EXPERT TO RULE ON NUMBER OF ATTENDEES FOR 2 APRIL SESSIONS...
 
LIBERAL BLOC STATES ATTEND OF SUNDAY SESSION LINKED TO ABADI PRESENCE & ADDRESSING CABINET RESHUFFLE REFORM...
 
SALIM BLOC SHAWQI STATES ABADI WILL ATTEND SUNDAY SESSION & VOTE ON CABINET RESHUFFLE


 
 
TNT:

Yada:  ,With what we understand that the banks have been on high alert for at least the last 2 months and rightly so because they are informed by our treasury,,, Ray has sided with the banks,,, on the other side of the coin,, the issues with Mosul are getting someone's attention to hold the banks,,, with the successes we are hearing,, believe whoever is holding the banks are making sure once WE are released the public are right behind it,, not a repeat of 2014,,

Glajef:  Yada..Thanks. By what happened in 2014, do you mean the exchange process being released to the "elites", and not the general public?

Yada:  Yes,,, I beleive someone released it in 2014 but other agendas came in and stopped after a bit,, since then,, every declaration of was done piece by piece ,,possible to measure any fall out,,, no more pieces left and as Bluwolf stated yesterday,, the next step has to be the release
....


 
The below posts were in our 10am Newsletter
 
WingIt:

Beamer:  Both fisher and yosef have some good intel.. maybe not totally correct IMO.. but much of what they said last night (in the notes) is what I was being told

Lostnq8:    beams what you posted was matching several others - has to be some truth in there

Beams:  YOSEF NOTES SENT TO WC

Goldman Sachs, Pimco many other historic firms, sold, major Cabal.

WF sent memo with instructions on 800 numbers. UN said CIPS vs SWIFT, SWIFT is dead. Staff arriving at 6 am, and 9 pm told to leave, go for evening start at 2 am, Paying out a 6 am.
 
All short term Sovereign flipped back to screen, Currency Redeemers must ask for Sovereign Rate, and demonstrate how you intend to use them.
....


 

Dinar Updates Wednesday PM Chat  5-25-16   Part 3 of 3

alexmorillo says():I'm not endorcing the article or the author, some of the claims in the article I don't agree with, like where he says that IRAQ is not reducing the money supply, BGG and others have provided proof that has been happening the past year, but I did think it raised a good point about really questioning why IRAQ or other govt are legally obligated to exchange our dinar for U.S. dollars:
 
Bookumdano says():Does anyone know if MD is coming in tonight?
BGG says to Bookumdano():MD is not - for sure.
BGG says to Bookumdano():I was going to try to do a News Time - but my internet is VERY unstable right now.
 
swan2013 says():WE ALLOW QUESTIONS IN HERE... ALL ALEX DID WAS ASK. WE ANSWER AND MOVE ON. THANKS FOR COMING IN
 ~~~

 

Dinar Updates Wednesday PM Chat  5-25-16   Part 2 of 3

rcookie says():ALNASIRI ASSERTS ECONOMY WILL BE ACTIVATED BY SMALL & MEDIUM PRIVATE ENTERPRISES AND URGENCY TO HAVE CENTRAL BANK TARGET AS PRIORITY SUPERVISING & REGULATING INITIATIVES THAT WILL DOUBLE THE PROGRAM ALLOCATIONS TO 10 TRILLION DINARS....
 
dovi says():do we consider the timing of the visit to Vietnam as having anything to do with raising the rate of the Dong?
 
JETSET says():some do...
 
rcookie says():THEY OUTLINE SOME OF THE THINGS HOLLYS IRAQI BANK CONTACTS REFER TO..
 
IN CURRENT BANK FINANCING OBSTACLES & FAILURES AND NEED TO GROW THE CREDIT PRODUCT & FINANCING FROM BANKS IN ORDER TO ACTIVATE THEIR CONTRIBITION TO THE ECONOMY AND DEVELOPMENT (WHICH IS WHY THEY ARE BEING RESTRUCTURED & PRIVATIZED TO BEGIN WITH)...
 ~~~

 

Dinar Updates Wednesday PM Chat  5-25-16   Part 1 of 3


 
rcookie says():What included a letter sent to Ebadi Jubouri?
25/05/2016 21:20 Number of Views: 506   0 LikesTomorrow Press / Baghdad:
 
Called on Parliament Speaker Salim al-Jubouri on Wednesday, Prime Minister Haider al-Abadi to prevent any party promoted to convert the battle into an opportunity "sectarian mobilization."
 
Jubouri said in a statement received by the Office "tomorrow Press", "The latter sent an open letter to the commander of the armed forces, Prime Minister."
 
Message reads as follows:
 
In the name of of Allah the Merciful Brother, Prime Minister and Commander in Chief of the Armed Forces     Dr.. Haider al-Abadi
 
While congratulate the Iraqi people great and you armed and our forces and volunteers Champions victories successive clear progress in military operations and the collapse of Daash terror and defeat imminent in the city of Fallujah, forbearing calculated,

we at the same time are keen to accomplish this victory is it a national consensus source and miss the opportunity on this criminal organization and all the predators who are looking and discord and discredit this victory and jammed it,
 ~~~