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Copyright 2016 - All Rights Reserved - DRT Distribution, LLC
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WSOMN:
LoLo: What happens at the end of Ramadan?
Eid al-Fitr means "festival of breaking the fast" and marks the end of the fasting month of Ramadan.
Traditionally, it is celebrated for three days and is an official holiday in all Muslim-majority countries.
Ramadan will end this year on or around Thursday July 7, depending on the sight of the moon.
Muslims will gather together at the mosque for a prayer, before spending the day with family or friends and wishing one another 'Eid Mubarak', or 'Blessed Eid'.
LINK
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Note: Use what fits your personal taste and circumstances and leave the rest......
Possible Bank Perks to ask for at your Exchange Appointment .
AUM - Assets Under Management
1. No fees ever for foreign currency exchanges
2. Provide a Private Banker/Wealth Manager at the time of exchange to initially park the funds in an non-interest-bearing account overnight and sweep those funds into other non-interest bearing accounts within your bank the following day; until I meet with bank advisers and other financial professionals and make some general guidelines for the management of these funds and the distribution of a portion of these funds through your bank, trust, and LLCs.
3. Family Office Services
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KTFA:
ReddStar: IT DOESN'T GET ANY CLEARER THAN THIS! (see article below)
I talked about the banking sector being ready to go on one of my previous articles....now this....can I say....TA-DA-FREAKIN-DA.....your fireworks for the 4th....Amen!
Doodlebug: BOOM BOOM BOOM(!)...goes the Warrior's Drum. Most definitely, you can say, "TA-DA-FREAKIN-DA"! Nice job post ReddStarr, Happy 4th to you and yours~
Don961: Thank you Redd .... Nice assessment Dr. Abdul .... now let's get the ball rolling ... on with the show ..
Frank26: BRAVO REDSSTAR ........................ It is for THIS reason that we GAVE our THREE documents on OOO'S ARTICLES that defined the LOI on last W CC. They are NOT hiding anything ............. YOU/WE ................. Just have to be STUDENTS. Now GUESS what we will SHARE on BIBLE CC tomorrow? Join DELTA and me ................. For more GIFTS.KTFA Frank
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Note: Take what fits your individual circumstances and leave the rest.........
A LIST OF 27 BASIC QUESTIONS TO ASK AT YOUR EXCHANGE APPOINTMENT
Posted by EXOGEN on August 9, 2015
THE QUESTIONS:
1. WHAT TYPE OF BANK ACCOUNTS DO YOU HAVE AVAILABLE?
2. WHAT IS THE FDIC COVERAGE ON THIS ACCOUNT?
3. CAN YOU EXPLAIN TO ME HOW THE FOLLOWING BANK ACCOUNTS OPERATE?
A. NON INTEREST BEARING ACCOUNTS
B. MULTI CURRENCY ACCOUNTS
C. MULTIPLE CURRENCY ACCOUNTS
D. BROKERAGE ACCOUNTS (THE DIFFERENT TYPES AVAILABLE)
E. INTEREST BEARING ACCOUNTS
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Emailed to Recaps:
RR: The RV Process (simple view) -
The IMF approves the rate and releases it through the BIS (Bank of International Settlements) to all the Central Banks of the world. This is a highly tested and very automated process. It goes like this.
1. CBI Seeks Approval from IMF ( and we assume key allies) for a rate change
2. IMF approves
3. CBI Releases the rate to the IMF
4. The IMF approves the rate and releases it to the Bank of Intl Settlements (BIS) The BIS is the IT / Computer arm of the IMF
5. BIS post the rate in their system
6. All Central Bank's Computers (including the FED Reserve) constantly query the BIS computer for changes in Rate
7. When Central Banks computers see a rate change they internalize the changed rate and go through their own approval process. (this may be different from country)
8. We presume the FED and UST pick up the rate and approve it
9. The FED then post the new rate in its computers for in-country banks to query and pick up.
10. US Banks pick up the new rate and change their internal exchange rates as may be their policy.
This is not a complicated process! Central banks ping the BIS - The BIS does not PUSH the changes to the central banks.
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(Note: Recaps will be posting several Pre and Post-RV checklists, tips and information today....You may want to make copies of these and as always....Take what you need and leave the rest)
Post RV Checklist:
1. ______Change your number, make sure the new number is unlisted. If you don't, every Tom Dick and Harry will be knocking down your door when they find out about your new circumstances.
2. ______Contact an attorney that specializes in taxes and trust accounts.
3. ______Set up your family trust(s).
4. ______Contact your bank(s) and set up POD accounts.
5. ______Do not deal with banks that have derivatives and hedge funds.
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The below posts were in our 10am Newsletter
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larrykn says():Parliamentary economy: the export of Iraqi gas is a major achievement to supplement the budget money
History of edits:: 07/03/2016 13:38 * 248 visits [Where - special] promised a member of the Committee of Economy and Investment parliamentary Sunday to export natural gas to the outside is a great achievement to supplement the general budget money.
Said Najiba Najib told all of Iraq [where] that " the state continues to implement its plan designed to increase its oil and gas production, noting that" oil and natural gas production was a great success in this area and open the gate to build a strong economy as well as putting all the plans to set by the
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da58 says to subgirl():parts of this art I saw recently.. few days ago? or maybe it's just the subject matter, but has today's date.. da58 says to subgirl):Keywords carries the responsibility of the government and parliament reduced the country's reserve ..cil Minister restricts the import and export companies and buy the currency recorded July 3, 2016 The governor of the Central Bank and the Agency on the Keywords that Iraq 's reserves of foreign currency of $ 53 billion, and with the exception that it is in line with international standards and regulations of the International Monetary Fund, hold the House of Representatives and the government responsible for the low reserve because Msadegthma on the financial budget in deficit. Said Ali Keywords: bank foreign currency reserves reach $ 53 billion may be changed up or down depending on what return it from the Ministry of Finance, noting that the amount within the bank accounts and fund the recent International Monetary demonstrates the adequacy of the reserve in accordance with the international standard of the existence of the amount of foreign exchange cover The local currency of dinar size. ~~~
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da58 says():OH BROTHER.. CAN THIS GUY JUST GO AWAY PLEASE? da58 says():Maliki told the BBC: I do not mind coming back to head the government He criticized the former Iraqi prime minister, Nuri al-Maliki, in an exclusive interview with the BBC, the current government's performance, but said the lack of performance is not borne by a particular person. He added that he had no objection to return again for prime minister, if there is a political consensus on his nomination by the political coalition that will form a majority in parliament. http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http://www.bbc.com/arabic/multimedia/2016/07/160703_iraq_al_maliki_iv
da58 says():I DO NOT MIND??? omg..
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Happy 4th of July
The Dinar Recaps Team wishes everyone a happy and safe 4th of July.
Note: Due to the holiday, we will NOT have a 10pm (ET) email Newsletter Monday night, but check our BLOG page for any new postings.
https://www.youtube.com/watch?v=lkxnmR7ZcSE
https://www.youtube.com/watch?v=6NaiOez3jWw
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KTFA:
CSHessman:
Start of the de-pegging imo... thx Don. (see article below)
Mountainman: This Very well Could Be,The SAUDIS EXCUSE as the BREXIT "EXIT" was for the UK.....Likewise the Future SAUDI De-Peg will Be Another Domino that {LEVELS OIL} and The USD.......This will Probably be the LAST DOMINO to Fall before or Into the "FALL" Season......
TIME will Tell.....As The GLOBAL COUNTDOWN to MELTDOWN Continues.....IMO
Blessings,C$........Mountainman (8)=New Beginnings.......for A RUSH to NEW GLOBAL VALUES......Indeed
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diane1 says():So I heard this morning in the news that there was a bombing in Baghdad 2 people got killed.
da58 says():In the parliamentary security by demanding the sacking Abadi al-Obeidi and Ghaban for failing
History of edits:: 07/03/2016 16:21 * 35 visits readable
{Baghdad: Euphrates News} student member of the Committee on Security and Defense parliamentary deputy Mohammed Karbouli; commander of the armed forces sacked the ministers of defense and interior for failing {} to save the homeland and the citizen security, file management.
He said Karbouli in a statement the agency {Euphrates News} received a copy of it today that " the continuation of the series of systematic for most of the capital Baghdad , regions and provinces of the south and central Iraq , the daily bombings confirms the security file management failure and those who support it the beginning of the ministers of defense and interior and the rest of the security services, information and intelligence chiefs."
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larrykn says():Agriculture carrying three ministries responsible for entering "forbidden goods"
07/03/2016Baghdad / long - Presse Carried the Ministry of Agriculture, on Saturday, interior, commerce and finance ministries responsible for the presence of fruit and vegetables a foreign "forbidden" in the local market,
and confirmed it seeks to convince its counterpart in the Kurdistan region of commitment to the application of the decision to ban the import of available agricultural products locally, while the likely possibility of extending the import ban soon to include four articles after new agricultural self-sufficiency of them.
He said the technical agent for the Ministry of Agriculture Mahdi al-Qaisi, said in an interview to the (long-Presse), "The ministry banned 12 Single of fruits and vegetables from entering Iraq as a result of the abundance of locally produced," noting that "the procedure was the prerogative of the Supreme Economic Committee in the government, but became the validity of the
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