TNT:

DrakeChap:   Tuesdays are the that the banks align and actually start the week. monday the banks are finishing fridays transactions. so tuesday sounds good

Dreamsdocometrue:   Well I'm excited that tonight into tomorrow am just might be it...just sayin.

Adept1 : Iko texted me to say that he looked at the IMF website, and sure enough, no rates. I hope this means they are getting ready to update to the new rates.

ALREADY BLESSED: DID ANYONE POST A LINK SHOWING THE IMF RATE PAGE SHOWING THE CURRENCIES?

LaterGator:   imf link... http://www.imf.org/external/np/sec/bc/eng/index.aspx

rkstx : No IQD on IMF or VND on IMF or Afgan. Interesting Ab. GREAT OBSERVATION!
....

Thanks My Ladies for letting us share from your private chatroom:

Highlights from MY Ladies and Nova Conference Call tonight:

 
 

HERE ARE NOTES FROM MIKE (MVL)

>>> IN REGARD TO IRAQ, WE ARE DEALING WITH SOME OF THE LAST PUZZLE PIECES

>>> LET THE CURRENT CHANGES PLAY OUT

>>> IRAQ IS READY TO SELL RETAIL BONDS...KEEP WATCHING THIS PROCESS...THIS MAY START AUGUST 2ND

>>> IF THIS HAPPENS IN IRAQ ONLY, THEN NO INTERNATIONAL RATE IS REQUIRED.

>>> WE ARE NOT SURE JUST YET WHERE THEIR CURRENCY COMES INTO PLAY DURING THIS PROCESS
....

Welcome to dinarupdates.com for News Time with BGG!!

 BGG: Here we go...

BGG: Round Table WAS OFF THE HOOK today...

BGG: http://www.dinarupdates.com/showthre...g-news-7-27-15

BGG: I'll be glad to take questions on any of that later... but that World Bank article was a real STUNNER.
~~~

Thank you Bulldog75 for sending this to us:

BULLDOG75: GCR, RMB, GOLD & NDBANK
07/27/15

Many of the markets make no sense but we knew the markets would wobble; that has begun.

Lets think positive but not avoid the obvious. There is a '$273 TRILLION Derivatives Bubble'.

Of the 50 safest banks in the world, only 5 are in the US. The best in the US is ranked only 39 out of the 50. The USD is near its apex. Gold is at its nearest low. The GCR will probably reverse that.

An Iraq RV is imminent. The planet finances are beckoning the obvious. Here comes the GCR with probable $5,000 gold, $250 Silver and a BRICS driven RMB reserve currency.
....

Tootsie: Good Monday Morning

Tootsie: In case some wondering ~ may have read and have a question - from an e-mail I received this a.m. "XXXXday: The bank said it "will sell that amount in Iraqi dinars and the price of 1095 dinars per dollar and payable by the Ministry of Finance on December 31 2016 to be paid in dollars at maturity". " xxx54: I'm no economist but selling in iqd and paying in $?? XXXday: VERY STRANGE --xxxx54: and at 1095 ~~ NOPE

Tootsie: Soverign bonds sold at a discount, in local currency, interest is paid in local currency and at time of redemption converted to Dollars = check it out if doubtful. That is the premise ~~

Tootsie: Not strange at all ~

Dianne777: what does it mean toots?    iyo

Tootsie: '@Dianne777' it means that it does not matter what the currency the bond (country) is sold in, it is local currency, in this case IQD, so bond is sold in iqd, the interest is computed in iqd and when the bond is due and payable the total amount is converted and paid out in USD. Not my Opinion= fact,
~~~

Bgg Roundtable News 7/27/15  Part 2 of 2

Welcome to dinarupdates.com for News Time with Millionday!!!   BGG filling in today! 

BGG: Thanks BGG: OK - lets cover some more news.

BGG: The current time is right to delete the three zeroes from the local currency

BGG: BAGHDAD / Nina / called a former member of the Finance Committee secretary Hadi al-Yasiri, the central bank to speed up the application of the project to delete the zeros and make it parallel with the money, which began shortly before laundering law.

BGG: Yasiri said the National Iraqi News Agency / Nina / that "the project to delete the zeros old project was supposed enacted and implemented years ago, but some economic matters has affected negatively on the approval, stressing that" the market work and the issue of external and internal debt and the work of the Iraqi Stock Exchange are all related to the deletion of zeros and must Coordination with the government to have the project ready for implementation. "
~~~

Bgg Roundtable  News 7/27/15  Part 1 of 2

Welcome to dinarupdates.com for News Time with Millionday!!! BGG filling in today! 

BGG: Alright - everything I'm going to cover comes out of the "Current Iraq NEWS" Forum...

BGG: If you all haven't seen the new format - IT IS AWESOME. Check it out.

BGG: Each article is separate and open for comments.

BGG: Also much easier to browse and "search"...

BGG: and before I move on - to our News Hounds, posters, and editors (we could use a couple more) THANK YOU - It looks GREAT!!
~~~

Morning News Comments 07/27/2015

Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

[tlm724] Saleh, in an interview on Monday, that Iraq imports annually about 70 tons of gold, while pointing out that the decline in gold shows the strength of the Iraqi dinar.

[tlm724] "the abundance of gold with the power of the Iraqi dinar led to lower prices in the local markets."

[tlm724] attributing the cause to "purchasing power of the citizen, which was low at the time compared to the current time enjoyed by Iraqi high purchasing power,

~~~

KTFA:

 

Frank26:   We have learned much .......... i wish to share with You ........ A Rider.

It's time to do so iMO.    Join me on Your MONDAY CC

KTFA Frank .

Robdel:  » July 27th, 2015, Frank,   Rider on the Storm.........

If I recall correctly, this rider is a special provision that applies to the exchange rate of the IQD. Is this correct?

If so, before they can use the rider don't they need to have let their currency move to an RI or something better than 1166?   Blessings,   Robdel
....

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

UU6719 - "The Coming Weeks- It's All Fantastic News!"  by Mnt Goat

Hello Everyone,

Earlier in the week I referenced a window approaching for a possible RV opportunity coming close at hand. Well it's now here and everything is looking fantastic.   

I recommend everyone to go out to my news letter dated 7/22 ( LINK) if you have a chance and read it first prior to diving into today's news.

Today's News

Today is Monday July 27th and still no RV, and this also includes Kurdistan....lol......  No surprise to me !

I will try to make this news letter very short since I need to get right to the point of what is happening in Iraq.

My Ladies private Chatroom:

HG :  Seems like I'm often not sure of things but are we just happy that it looks like the dinar might be international soon or are we really happy with a 1095 rate?

J.G.:  HearingGod, you are mirroring my thoughts here...I am confused why anyone would be excited about  Iraq coming out of the gate with a rate of 1095....that is hardly more than we purchased them for in the first place....how would it benefit Iraq to come out a such a low rate....that seems absurd to me that Iraq would even consider something like this ...so what if it means "yay, they have gone international"...doesn't benefit us at all....I am really confused about all of this....anyone care to    help me out here???

HG:  I think I've seen Nova post that he didn't care what rate they came out with as long as they came out with a real rate ..... I agree though I'm not sure ???

Socksmom:  The point is that It's a starting point
....

Millionday News 7/26/15   Part 2 of 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE -- INTERNATIONAL INVESTMENT IS NEEDED TO ADVANCE THE ECONOMY OBVIOUSLY

Millionday: >>>He noted that the most encouraging investment environment rules is to build a real infrastructure, promote the country to the levels required to Iraq occupies a position between the developed countries and help him to continue the development of its economy,

 and help to reducing its number of ministries and convert some of them to regulatory bodies as is the case in many developed countries, as well as the conversion of the ministries that are the functions Trchigaha to the provinces in support of management decentralization in the country, 
~~~

Millionday News 7/26/15

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE -- THE LACKING ON INVESTMENT LAW WAS THE INVESTOR INTERNATIONAL

Millionday: Center Brief for the Iraqi Media Network (IMN) - national investment made it clear that the amendments made by the parliamentary committee on economic investment law would be the great protection for the investor, where required all government agencies and others in collaboration with a balanced way to ensure the right of both parties.

Millionday: NOTE -- THE AMENDMENTS ARE BEING ADDRESSED THROUGH THESE MEETINGS
~~~

Post From Wealthwatch.world Chat Room 7-27-15

07/26/2015 10:30:53 PM] Donnie: www.mawazin.net/%D8%A7%D9...   LINK

Donnie: Central plans to put up for the benefit of financial bonds worth two billion dollars

Donnie: The bank said it "will sell that amount in Iraqi dinars and the price of 1095 dinars per dollar and payable by the Ministry of Finance in December 31 2016, to be paid in dollars at maturity" .anthy 29 / d 25

Donnie: "price of 1095 dinars per dollar " - is this a discount price to sell at then redeem at the normal exchange rate at maturity?

Donnie: "starting from the second of next August to 31 of the same month" - so they are to be sold from Aug 2nd 2015 until Aug 31st, 2015?

Donnie: Central bank: a bond offering for the benefit of the Ministry of Finance worth two billion dollars in four categories
~~~