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6pm May 8th, 2015     

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Vietnam Devalues Dong for Second Time in 2015 to Aid Exports

by Nguyen Dieu Tu UyenDiep Ngoc PhamY-Sing Liau 

May 6, 2015


The State Bank of Vietnam devalued the dong for the second time this year in a bid to maintain export competitiveness and accelerate economic growth.

The central bank weakened its reference rate 1 percent to 21,673 dong a dollar, effective Thursday, it said in a statement. The Vietnamese currency is allowed to trade as much as 1 percent either side of the fixing. 

The dong fell 0.1 percent to 21,673 as of 3:27 p.m. in Hanoi, according to data compiled by Bloomberg.
~~~


 

Backdoc Friday Afternoon Post - FINDING TRUE VALUE

(Thank you Backdoc for emailing this to Dinar Recaps.)

FINDING TRUE VALUE

WHEN I FIRST CREATED THE CONCEPT OF "OZ", IT WAS FOR THE VERY REASON YOU ALL HAVE BEEN SEEING PLAY OUT!

WE SAW A GREEN LIGHT TO THE CBI ON MARCH 3RD. WE THEN CONFIRMED THE ZEROS WERE DROPPED ON THE 8TH! SINCE THEY ADMITTED THEY HAD SENT REMITTANCES.

WE THEN SAW TALK OF .10 PER DELTA.

WE HEARD THEM SAY THAT THEY WOULD GRADUALLY RAISE THE PRICE OF THE DINAR GRADUALLY OVER TIME, RIGHT? RIGHT! DID THEY GIVE YOU AN EXPLANATION HOW THEY WOULD DO THAT? AHHH NO!!!

 
THEN WE SEE A VERY TALENTED GENTLEMAN, "TOPSHELF", WHO CAME TO KTFA LIKE AN ANGEL TO HELP YOU UNDERSTAND JUST HOW THE DINAR WAS BEING GRADUALLY RAISED! I MENTIONED IT OVER AND OVER IN THE PAST ABOUT THE CONTRACTS AND HOW THEY ARE TIED TO ACTIVATING THE MARKET ECONOMY!


  
Post From KTFA By aggiedad77 » May 8th, 2015, 9:37 am  *  [Post 85]

Thursday News Summaries and Commentaries   (Friday??)

Finally, the investigation up to the fall of Mosul, al-Maliki and Osama al .. Committee and vote on the summoned

This committee that has been investigating the fall of Mosul last June is almost done with its investigation so they say.....I'm of the opinion there has been a great deal of testimony that as the general public we are not privy to, and that is ok, 

sometimes certain things must be done in secrecy to protect certain individuals and entities, otherwise there would likely be strong uprisings from the people if the truth were just blurted out.....
~~~


  

 

Post From KTFA By  DELTA  on May 7th, 2015, 10:02 pm: Post 27

In Pipeline:

Iraq Bond 2020

Last Updated On: 24 Mar 2015

Issue Facts

Bond Name Iraq Bond 2020 

Currency USD 

Offer Size 1,000,000,000 to 5,000,000,000 

Status Announced 

Maturity Date 2020 

Issuer Facts

Issuer Central Bank of Iraq 

Country Iraq 

Key Dates

Subscription To 2015 

DELTA
~~~


  
The I.Q.D. Team Connection with Straight Talkin' Mike, L.J., Diana, Debbie & Kimberly
Thursday, May 7, 2015

REPLAY OF CALL
or Call: 760-569-7699 / Pin: 769478#
 
"THE I.Q.D. Team Connection"  -  Connecting All The Pieces

============================
Listen to the replay in its entirety for
all the  latestCBI, Economy &
Government News from Iraq
============================


REPLAY OF CALL
or Call: 760-569-7699 / Pin: 769478#

As Always... Discussion and Analysis of the Latest Iraq, Dinar & RV News... Pre & Post RV Information... Q & A

Every Tues & Thurs 8PM EST
760-569-7676  Pin: 769478# or 712222

  

 

'US will try to set roadblocks on yuan's path to get reserve currency status'

Published time: May 07, 2015 13:35

The US is unhappy with Beijing challenging it in regard to the reserve STATUS of the dollar as China's economy is growing and the yuan is becoming more attractive for other nations to hold, Robert Wenzel publisher of Economic Policy Journal.com told RT.

The IMF is debating whether to make China's yuan a new reserve currency, ACCORDING to the Financial Times. If Beijing is included in the Special Drawing Rights (SDR) basket it will have better access to capital, it will be easier to take out loans, and China's political influence will be expended.
~~~


The below posts were in our 10am newsletter
Stage3Alpha:
 
DinarGrubber:  > Chin up.  Bond funds moving.  Glimmers of hope starting to show with the international rates possibly showing.  Good guys will learn every bad guy trick used for delays, and there will come a point when we reach critical mass and this can no longer be stopped.  It's inevitable.

D D
. > Well, all I can say is my bank clothes are pressed, my atty and WM are on standby, my 10 questions list is memorized, and I am calm, cool and collected. Blessings and Best Wishes!


Don A.  SassyD: Replay of Bruce's call  
https://www.freeconferencecallhd.com/playback/?n=HsCgW/duU1x


DinarGrubber:   > Don A/ Thanks Don.    Bruce's confirmation of Iraq's in-country RV and international rates showing in Asia, London & Panama, can be found at the 56:10 mark.

He says F&P are being assessed, and Iraq would typically have 10 days to go live, and may show for us as early as Friday  :)))
.... 


President Lungu opens Zimbabwe International Trade Fair

President Edgar Lungu says Zambia exported goods and services into Zimbabwe exceeded US$1.3 billion in a period of four years while imports from Zimbabwe into Zambia over the same period were above US$486 million in terms of trade and investments.

Opening the 56th Zimbabwe International Trade Fair (ZITF) in Bulawayo dubbed, "stimulating trade, seizing opportunities to accelerate growth," President Lungu said relations between the two countries have strengthened from 2010 to 2014.
~~~


The Big Call - Recording Link and Replay #'s for Thursday Night 05-07-15

The Big Call - Recording Link and Replay #'s for Thursday Night 05-07-15

RECORDING LINK


Playback number: (559)726-1159
access code 123456#

122 Minutes

The Big Call

TNT:

IvanTulafitov :  Breaking News ...Bruce on Big Call getting phone confirmation of RV in Iraq yesterday- Wednesday

Carter:  Yes I was listening to the big call to and Bruce did say that Iraq did RV yesterday

LadyB22
: Bruce just said it is moving east to west. May hit us at 9 in the morning. He is a Tony/DC fan and said we will learn from them tomorrow.

Ingenious1:  He said he thinks its making its way to us since Asian markets open before us

NW:  I just heard Bruce say it again!!! I PRAY that it is true and that it lands in the U.S. next!!!

MrMyagi:  He said rates were live in Asia, Great Britain, and others

(Dinar Recaps Note: when received, we will make a new post with The Big Call recording link.)

.... 


 

[Oil and Gas Law]
So out pops another good article this week about HCL. Remember I told you that Iraq must distribute the funds now to the citizens now that the HCL law is all done, and I mean DONE !

There are many parts to the law and one of the parts the USA needs to see is the distribution of the excess oil revenues to the citizens. Sure the Kurds go their 17% but was any of it distributed to the people as of yet.

This is very important and is another part of fully implementing their constitution. So this week we see another  article now from Kurdistan telling they are working on legislation through their government on how to do this allocation and how they plan to legislate other parts of the HCL in their provinces.


(Thank you George for emailing this to Dinar Recaps.)
 
UU5510 - "Confirmation After Confirmation - WOW!"  by Mnt Goat

Hello Everyone,

Spring is in full bloom in Bavaria. We are gearing up for the onslaught of tourists that come each summer to our region. I can't say I blame them for it is one of the nicest places on the planet.

Yesterday my daughters and I went for one of our wonderful long walks. We hiked up our favorite mountain trail. There we witnessed many wonders of springtime in the Alpine meadows as we sat, felt the cool mountain breezes, ate our picnic lunch and overlooked the village below.

The news is just pouring out of Iraq and it is all good and much in our favor that something is brewing in this RV saga. Yes -  it is heating up. I am very excited! You should be too..

Today's News
 


The below posts were in our 10pm Newsletter

What Type Of Person Needs A Financial Advisor?

By Roger Wohlner | Updated May 07, 2015

Over the past few years much has been written about whether financial advisors really add value to their clients or whether investors are better off handling their own financial needs. 

I'm probably biased but I believe that finding the right financial advisor can be very beneficial for many investors. Here are some thoughts on the type of person who might benefit from engaging the services of a financial advisor. 
~~~


  

 

MY LADIES:  GOOD THURSDAY AFTERNOON EVERYONE. OUR APOLOGIES FOR NOT POSTING BUT EVER SINCE THE SPRING IMF MEETINGS NOVA AND I HAVE SHIFTED OUR FOCUS TO THE IMPENDING NEW BANKING SYSTEM.

WE HAVE COME TO REALIZE THAT IRAQ IS NOT THE CENTER OF ANYTHING BUT RATHER JUST ONE MORE PUZZLE PIECE.


WE HAVE STOPPED FOLLOWING IRAQ AND THE GOI FOR GOOD. I DON'T EVEN WANT TO HAVE ANY POSTINGS OF IRAQ IN OUR ROOM UNLESS IT IS THE CBI TALKING DIRECTLY. WHAT WE ARE STUDYING IS SO MUCH MORE EXCITING AND HAPPENING RIGHT NOW!

HERE IS THE LINK NOVA AND I RECORDED ONE OF OUR BRAINSTORMING CONVERSATIONS AND IT IS FULL OF AHA MOMENTS... SO GET COMFY AND LISTEN AND ENJOY.

https://www.freeconferencecallhd.com/playback2/?n=DnyJW/drAXg

OR YOU CAN DIAL IN 712-775-7039 / 637708#
....


  
Morning News Comments 05/06/2015

Finance: irreversible for the application of tariff

[tlm724] the Ministry of Finance and the General Customs Authority refused to reverse the decision to apply tariffs despite the protest

[tlm724] now thats hot !

[tlm724] no backing down now !

[tlm724] Zebari and Director of the General Customs Authority, Major General Hakim Jassim face the need to continue the application of the customs in all ports tariff including the Kurdistan region outlets
~~~



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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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