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10am June 11th, 2015

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Table of Contents

KTFA: 

Backdoc 
» June 11th, 2015, 12:57 am 

DO YOU GUYS HAVE ANY IDEA WHAT THE NOTE COUNT COULD BE LIKE FOR THE VND WITH 80pecent OF THE DEBT IN DOLLARS AND 80 percent OF CONTRACTS STRUCTURED IN DOLLARS GOING FORWARD?

IM NOT SURE YOU COULD HANDLE THAT. LOL

MAY I JUST SAY SOMETHING SIMILAR TO WHAT YOU ALREADY KNOW ABOUT THE DINAR.

A LIQUIDITY CRISIS. LOL    DOC     IMO

....
 
Q: BackDoc, what is your opinion of larger countries (like the Euro zone) ... what could they (treasury people) have possibly talked about during past meetings?  Do you think that other currencies could already be printed and sitting in the wings ready to go?

BACKDOC - yes ... I think that is possible.  I'm sure they have contingency plans in place.  They're just waiting for the right timing of who to blame.

PIF - true!  Remember ... it's not the physical currency.  Digitally - it just switches.  It's what backs-it that is real and that changes the value of a currency that is in the basket.  30,000 tons of gold ... really ... that's no gold at all.  That's like going down a rabbit hole where a trap is set at both ends.

Q: What about smaller countries ... could they participate (put in a basket) even though they may not be fully ready yet?  Maybe they don't have their "true value" yet.  Could that happen so they can't be taken advantage of just because they're not up to speed?
....

Thank You Backdoc For sending these to us

PIF CC NOTES   TUESDAY - June 9, 2015


PIF & BACKDOC


For tonight's call, we've taken questions in advance and we'll be responding to them.

This is a matter of "WHEN" ... not "IF" this is going to happen.  If I thought anything different - I'd tell you.  The mindset of "WHEN" does you no good ... IF ... you don't exchanged into the proper thing!

Everyone is entitled to their opinion so tonight we're going to address some questions.

QUESTION -

This MR is still being fought between those who disagree is how to move forward.
....
 
FrostyTheSnowman » June 11th, 2015, 12:21 am

URGENT FROM FRANK ... *** ***    Greetings KTFA Family ...

I wish to address an alarming situation that I'm receiving many phone call on here on the island of Oahu.

I am concerned ... there is a group of individuals that are communicating with currency holders and they are using basically a scare tactic that is telling people that if they do not get their currency to them as quickly as possible ... (example: this coming Friday) ... that they will lose the opportunity to exchange that currency.

They are saying and using the excuse that our President will not allow us to exchange any currency, nor will he allow us to take any currency over to another country abroad and deposit it into any institution over there.
....
 

 

Why the West should welcome Chinese yuan's inclusion into the SDR

The International Monetary Fund is now conducting a review to consider including the RMB in the basket of Special Drawing Right (SDR) currencies and will make a final decision at the end of the year.

At issue for the review is whether the RMB is a 'freely or widely used currency' in trade and financial transactions. Since the last SDR review in 2010, the IMF has been contemplating an explicit criterion-based approach in determining a currency's eligibility for the SDR basket.

In particular, the focus seems to have shifted to whether a currency can perform as a reserve asset currency. Indicators such as foreign exchange turnover, availability of interest rate instruments, and derivative products for hedging central bank reserves have become important variables for this year's assessment.
~~~
 
Milliondays Newstime 6/10/15

Proverbs 16:20 Whoever gives heed to instruction prospers, and blessed is the one who trusts in the Lord.

Millionday: The Iraqi Minister of Finance , Hoshyar Zebari discussed with a delegation from the US Treasury Department exchanging information on financing sources of ISIS organization.

A statement by the Ministry of Finance received by Shafaq News said that " the minister met in Baghdad , Daniel Glaser, assistant secretary of US Treasury and talked about the terrorist financing and anti-money laundering operations in the presence of , Brett Makourk US Deputy Assistant of Secretary of State for Iraq and Iran affairs .

Millionday: NOTE -- IRAQ IS ASKING THE UNITED STATES TO SHARE ANY INFORMATION ABOUT MONEY LAUNDERING AND TERRORIST FINANCING
~~~
 

 

TNT:

Rrrr:  Understanding Fractional Banking - It will cost Iraq approx $162.50 to buy back approx per 10,000 dinar

HOW FRACTIONAL BANKING WORKS TO ALLOW FOR A REVALUATION OF THE IQD - JOSEY WALES At OOMF - 10/17/2011

From Dinar Recaps    (Post by Red Lily)

How Fractional Banking Economics will allow a high RV EXPLAINED:

First off, I'll use the exchange of a 10,000 IQD note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD and IQD, that is given a two-tier payout, and a 2% bank spread.
.... 
 
The below posts were in our 10pm Newsletter

 

 

BGG ~ After reading some of this "Amended Complaint" I simply cannot believe it. We have (privately) long speculated something like this was going on, I even predicted this kind of action by the government going back over a year. 


I am still stunned at the depths of their LUNACY. I am mortified on behalf of consumers. However, I stop far short of calling the Iraqi Dinar "a scam". 


There will be all manner of attempts to "connect" the currency (or investment) itself to the sphere of misdeeds perpetrated by these particular business people. The two are completely separate. One is the currency of a country - the other are crooked business persons.
~~~
  

 

Millionday Roundtable 6/10/15  Part 2 of 2

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: NOTE -- THIS IS WONDERFUL NEWS FOR IRAQ`S UNEMPLOYMENT AND DEVELOPMENT

Millionday: NOTE -- REMEMBER THEIR PAST RELATIONS WITH WORKERS IN IRAQ FROM EGYPT -- THEY HAVE A HISTORY

Millionday: The Zayer, that "the Iraqi Ministry of Electricity will support this agreement, especially with the urgent need for the development of the electricity sector in Iraq."
~~~


Millionday Roundtable 6/10/15  Part 1 of 2


Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: WELCOME EVERYONE

Millionday: The parliamentary finance committee demanded to sack the current governor of the Central Aleinik on the Keywords agency.

The head of the Committee in a statement that "should be changed Keywords After this fiasco, especially that the selling price for the banks fixed is (1190) to the dollar, and said about him the central bank auction and this word for laughter on the chins, adding that

Millionday: banks and companies sell the dollar (in 1335) to the dollar! This price is only meters away from the central bank and thus they are only beneficiaries and the citizen is the biggest loser.
~~~
The below posts were in our 6pm newsletter
Dinar Updates: (Repost)

Q:  [ are remittances close to revalue?]   

Millionday  : THE REMITTANCE SYSTEM IS INCLUSIVE OF CURRENCY EXCHANGE BETWEEN COUNTRIES.   

Q:[ If remittance system is needed for a market economy is this then a move by the CBI to the market economy?]  

Millionday:   THE REMITTANCE SYSTEM IS WHAT THEY ARE USING FOR THE MARKET ECONOMY -- ECONOMICALLY -- IT IS PART OF THE BANKING REFORM THEY WORKED SO MUCH ON.

SO OBVIOUSLY -- THE RATE OF EXCHANGE WOULD BE NEEDED FOR THIS PROCESS NO MATTER WHAT IT IS -- IT IS REPRESENTED BY THE ORDERED INTERNATIONAL EQUATION.
....


  
Inside the City Rising Up from the Ground in Iraq

Korean entrepreneurs are funding the construction of a massive $8 billion city in Iraq.


rissas dad
    someone emailed this to me.  Iraq obviously has major issues but it is curious even though they are broke and disfunctional, partially invaded and seemingly unable to do anything of consequence, there is something like this.......

http://abcnews.go.com/ThisWeek/video/inside-city-rising-ground-iraq-31594765

KJWayne   MAN, that was a good video.  My wife said that with them putting that can of money into it (IRAQ) , it has GOT to work. I like what the man said , "ISIS will be defeated "!   Thank you for sharing this ! I feel safe with our investment!   :D 

Swimmer  Holy shootskis! This should get all of our attentions   Swimmer
~~~


Morning News Comments 06/10/2015


Infallible in Sulaimaniya to discuss relations between the center and the region

[tlm724] President Fuad Masum, arrived Wednesday to the territory of Kurdistan across Sulaymaniyah International Airport, to meet Jalal Talabani and Kurdistan leader Massoud Barzani

[tlm724] well there ya go Barzani is still kicking   Wink 

[tlm724] "the President of the Republic will be discussed during the meetings of the current situation in Iraq and the Kurdistan region and relations between the center and the region.

~~~
[TIPS ON KEEPING  YOU IDENTITY SAFE!] 


WARNING-WARNING-WARNING

I find it so amazing that so many dinar holders talk about post RV wealth building, trusts and other means to protect their assets. They talks mostly in post RV terms once they are millionaires and yet they are neglecting this same protection NOW, Why?

The very subject to which they talk about protecting later they neglect NOW. Your identity is just as important NOW as it will be later. Knowing your identity NOW makes you a potential target later.

So in this section of this news letter I am including some tips that everyone should be aware of in their daily handling of their dinar and in communicating with these so called "gurus". This is very important stuff and many of us have formed bad habits over the years already. We need to change our attitudes.
....
Article Begins


US STRATEGY ON BEATING IS IN IRAQ INCOMPLETE - OBAMA

The US does not yet have a "complete strategy" for helping Iraq regain territory from Islamic State (IS), President Barack Obama has said.

He said the Pentagon was reviewing ways to help Iraq train and equip its forces.
Mr Obama also said a full commitment to the process was needed by the Iraqis themselves.
He had earlier met Iraqi Prime Minister Haider al-Abadi on the sidelines of the G7 summit in Germany.

IS has recently made gains in Iraq despite US-led coalition air strikes.

In May the militants seized Ramadi, the capital of Anbar, Iraq's largest province, as well as the Syrian town of Tadmur and the neighbouring ancient ruins of Palmyra.

"We want to get more Iraqi security forces trained, fresh, well-equipped and focused and (Mr) Abadi wants the same thing so we're reviewing a range of plans for how we might do that," Mr Obama told a news conference.
He said all countries in the international coalition were ready to do more to help train Iraqi security forces.
....

 

(Thanks GeorgeH for sending this to us today)

UU5521 - " Why the Delay in Passing the New Laws"  by Mnt Goat

Hello Everyone,

Today I am sending out this news letter to tens of thousands of those that want to sincerely learn about this revaluation process of the Iraq dinar and what is holding it up. This is a continuing saga, one that will continue, I can assure you, until there is the needed physical security and political stability in Iraq.

We are in the middle of yet another week and the news is pouring in and at times is overwhelming. It is all excellent news, not what some of you may want to hear, but still all good and is moving in the right direction considering the circumstances.

I sincerly believe we may be heading for an early to mid summer RV window.

Lots of recent meetings going on between Iraq, the USA and other major developed countries. More than ever I see a major plan coming together for this region of the world. The timelines are kept secret but you can't hide the troop buildups, stockpiles of weapons and ammunitions by the coalition forces. Something big is about to happen.
....

  

Jester's Place:

REMEMBERING OR FRIEND SEDNET...WATCH OUT FOR HIM UP THERE..HE IS A HANDFUL


[Jester] HEY GUYS AND GALS...

[Americana] Jester hi boss happy taco tuesday to you
[
[Jester] Americana HAHAHAH.... NOW YOU MADE ME HUNGRY...

[Jester] I WILL LIKE TO PUT SOMETHING UP FOR SEDNET... HELP ME WITH THE WORDS PLEASE...

[Jester] HE HAD EVERYONE'S GOOD INTEREST IN MIND... AND THAT WAS THE MAIN THING...
....

 

 

Dinar Updates:

tman23   Here is what we have... The Kurds getting set for OUTSIDE FOREIGN LOANS...up to 5 billion usd...

Abadi sending a letter to the Kurds to try and calm things down (no personal visit and no Kurd visit to Baghdad?)...

Massum to mediate and Terhan to meet to talk about Kurd Independence...

I would like to know what is in the letter from Abadi to Barzani... anything short of we are going to be able to pay you in full come July 1.2 billion (and not IQD valued at 1166)...We are going to revalue the currency...I just can't tell you...

All we can do is wait the next 3 weeks out and see how they move.
....
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