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10pm August 19th, 2015

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Table of Contents


  
BGG Roundtable Chat 8-19-15  Part 2 of 2

BGG: says to jackflash101st Sounds like it - who knows how that will end.
BGG: says to jackflash101st Mahmoud already tried to resign.

BGG: Wow -

BGG: [the report] - emphasizes that what happened before the fall of Mosul was planned by al-Maliki in order to return to power and picking the third mandate until the door drop Sunni leaders in the western regions and the declaration of emergency law that allows him to control and put the Kurdistan region with a fait accompli,

BGG: which I said over and over - no one cared much (at the time) to listen...

BGG: WOW - as I read this whole report, it strikes me, the reason Maliki is coming back (or has - or will Thursday)... reference is made to the fact, if he stays gone his political influence ends QUICKLY.
~~~

  
Round Table Chat w/BGG (mid-day) 8-19-15  Part 1 of 2
Welcome to dinarupdates.com for Round Table with BGG!!

BGG: OK - lots of news to cover today - but let's take it in chronological order. if we can...

 BGG: Maliki was involved in the largest money laundering operation in Iraq

BGG: Nuri al-Maliki, who is currently in Tehran in addition to the issue of facilitating the delivery of Mosul to state regulation facing charges of laundering more funds management process in the history of Iraq.«Okaz» and learned that a private form of Iraqi Prime Minister Haider Abadi, 

a government commission will begin within days to open the financial files for the owners to begin its work in parallel with the mini-financial committee set up by Parliament to follow up on money laundering in the central bank file or transfer large sums of money out of the country accuse Maliki of being behind it.
~~~

TNT:

Iko Ward
:Follow the movement.Gold climber a solid $15 per ounce today. Oil dropped below $41. All the markets dropped moore than 1%, some as much as 2%, except China who gained 1.21%. ISX continued their losses, down to 880 from a high of 990 a few months ago. And good ole' Forex continues to hold tight on the the Dinar. Fourth straight day in a row it hasn't polled above 1130. Currently 1121.1.

Iko Ward : I don't get why people want to risk buying Rial when the ROI is better on Dinar and Dong. Do you really think the world is going to let it RV before the Dinar?

Iko Ward :So everyone is doing what they're supposed to do to make the RV happen. Press your magic twanger, Froggie!

locofelipe :
It is my opinion that if they don't move on this within the next couple of days, we are going to see a full blown currency war. and I KNOW the IMF doesn't want that
....

 
Post From Wealthwatch.world Chat Room 8-19-15
Wealthwatch Afternoon Chat  8-19-15

chattels: Deputy for Law: Maliki will return to Baghdad and what is said about his escape from the slander trial 19/8/2015 2:21 p.m. [Baghdad - where] MP for the coalition of state law Nazim al-Saadi, said the former prime minister Nuri al-Maliki said this afternoon will return to the capital Baghdad, coming from Iran.

chattels: "al-Maliki will return in the third of the afternoon, to the Baghdad airport and will have a great reception and majestic it deserves."

chattels: " the legal expert Tareq Harb, that the figures and names listed as defendants in the report of the Special Parliamentary Committee to investigate the fall of the city of Mosul, ................ could face the death sentence. "
~~~

  
  
Part 2:

MY LADIES: LET ME KNOW WHEN YOU'RE ALL DONE

http://www.zerohedge.com/news/2015-08-19/no-sdr-you-imf-tells-china-wait-least-one-year-until-reserve-basket-inclusion

[3:25:53 PM] - SAGER -: Ok done

[3:26:04 PM] MY LADIES: OK GOOD NOW READ THIS PLEASE

http://www.usnews.com/news/business/articles/2015/08/18/iraqs-economy-battered-by-islamic-state-war-low-oil-prices

[3:28:21 PM] MY LADIES: LET ME KNOW WHEN YOU'RE ALL BACK...I'M WAITING TO SEE IF YOU MAKE THE CONNECTION AND SEE WHERE WE'RE GOING WITH THIS

[3:30:29 PM) AW: finished

[3:31:51 PM] - SAGER -: Done

[3:32:04 PM] MY LADIES: OK GOOD...NOW LOOK AT THIS...
....

The below posts were in our 6pm newsletter
Thanks My Ladies for sending this to us today!

[11:38:57 AM] Princess: Im seeing that bond article came out earlier this year in March

Iraq, banks in talks for $6bn bond issue   http://www.gulf-times.com/eco.-bus.%20news/256/details/429314/iraq,-banks-in-talks-for-$6bn-bond-issue

[9:35 AM] Princess DD: < I guess thats the first time they were thinking of doing it. Now they seem to be finally moving forward with it. 

Princess DD: The first article about them getting their credit rating so they could sell those bonds came out in May. So it looks like all of that got done and they are finally ready for it.

Iraq seeks credit rating before jumbo bond issue  http://www.gulf-times.com/eco.-bus.%20news/256/details/437480/iraq-seeks-credit-rating-before-jumbo-bond-issue

MY LADIES:  YEP...PRINCESS IF YOU REMEMBER BACK IN JAN OR FEB SALEH MADE A PROPOSAL TO USE THE BACKING OF THE CBI TO SELL DEBT IN ORDER TO CAPITALIZE THE GOI AND HELP THEM WITH A CREDIT RATING
....


 

 
Backdoc » August 19th, 2015, 12:09 pm 

I MENTIONED MONTHS AGO THAT THE BRICS WOULD BE CRUSHED BY BLACK GOLD PRICES DROPPING!

YOU ARE NOW SEEING CHINA BEING IMPACTED AS WELL. THIS IS WHAT BEING MARGINALIZED LOOKS LIKE!

WHAT WE ARE NOW SEEING IS THE BEGINNING OF THE NEW LANDSCAPE, WHERE TRADE CONTROLS COUNTRIES' CURRENCIES AND EXTRACTION COSTS DETERMINES THE WINNERS AND LOSERS!

REALIZE THE WAR WILL GET IN FULL BLOOM IN LATE NOVEMBER WHEN IRAN WILL RAMP UP TO FULL CAPACITY AS THE WORLD LETS THEM FLY LIKE A BIRD!

THEY WILL BE AT 100% CAPACITY WITHIN 3 DAYS AS COMPARED TO 15 YEARS AGO WHEN THEY WERE AROUND 1.2 MILLION BARRELS PER DAY!

....


 

 
Thanks My Ladies for letting us share from your private chatroom

Late Tuesday Night:

MY LADIES:  DID WE SEE WHAT PRINCESS BROUGHT IN DURING OUR TALK OF THE USD???

Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes, said Ihsan Shamran al-Yassiri, the head of Iraq Central Bank Issuing and Vaults Department

http://www.usnews.com/news/business/articles/2015/08/18/iraqs-economy-battered-by-islamic-state-war-low-oil-prices

PrincessDD: : Another article on the bonds saying September

Iraq is getting ready to sell $6 billion in debt.
....


 

 
aggiedad77 » August 19th, 2015, 10:16 am

Wednesday News Summaries and Commentaries

Wow was I ever surprised to wake up this morning to discover that Maliki may have actually returned to Iraq on his own.....wonders never cease....

Meanwhile the hunt for those accused of corrupt ways continues and the trail to ill-gotten money that leads abroad is having Iraqi officials contact foreign counterparts to get the money returned to its rightful country and owners....the money keeps pouring back in to Iraq.....

Meanwhile Maliki and family may be on the hook for the lions share of the corruption when it comes to money that was grafted off the top of Iraqi accounts....not a good time to have the name Maliki I would think....."where did you get that?"......will soon become "Just do it Abadi".....nail them to the bank doors they stole from....

Garbage day is fast approaching....just toss them out with the trash, never to return in any capacity.
....


 

 
Part 2:

IRAQ CONSIDERS POSSIBLE TRIAL OF FORMER PRIME MINISTER MALIKI

Parliament referred a report to the prime minister and a public prosecutor.

Posted: 08/17/2015 02:00 PM EDT

CREDIT: KHALID MOHAMMED/ASSOCIATED PRESS)Iraq's Vice President and former Prime Minister Nouri al-Maliki, smiles during an interview with The Associated Press in Baghdad, Iraq, Monday, Feb. 2, 2015.   

BAGHDAD, Aug 17 (Reuters) - Iraq's parliament on Monday referred to the public prosecutor a report calling for the trial of former Prime Minister Nuri al-Maliki and dozens of other top officials over the fall of Mosul to Islamic State last year, lawmakers said.
....


 

Thanks GeorgeH for sending this to us today

UU6730 - "Redenomination of the Currency" by Mnt Goat

Hello Everyone,

WOW! I can hardly believe the news this week so far. So much news this week.

Are we really on the track to finally see the project to delete the zeros from the currency and get our RV? Seems that way. Why do I feel this way now? I will tell you today.

This is one of the MOST IMPORTANT NEWS LETTERS in a long time. It is long but has to be since I included many very important articles.

Please take the time to read all the articles carefully. I tried to give my comments when appropriate to help you.

So print off the news letter, pour a cup of coffee and sit back in your favorite arm chair. This is going to be an exciting news letter today and it will only get better as the weeks progress.
....


 

The below posts were in our 10am newsletter
Dinar Updates: 

wmawhite :  Well, well ,well...now the U.S. News and World Report is reporting the same thing:.. "US News & World Report - Iraqi selling intl bonds and redominating currency...Reacting to the crisis, Iraq plans to issues bonds worth $7 billion - $5 billion in international bonds... Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes, said Ihsan Shamran al-Yassiri, the head of Iraq Central Bank Issuing and Vaults Department

The significance is that the IQD will be on the bond market. The bond market is twice the size of all of the world's stock markets combined.  

When the IQD is on the bond market the individual bonds are able to move freely.  This is the first step of the IQD reentering the world currency markets. Exciting and nice news.
....


 

The Big Call - Recording Link and Replay #'s for Tuesday Night 08-18-15

The Big Call - Recording Link and Replay #'s for Tuesday Night 08-18-15

RECORDING LINK

Playback number: 641-715-3808  
access code 123456#
 
67 Minutes

The Big Call
 

Millionday News 8/18/15  Part 2 of 2

Millionday: Continue prime minister Haider al-Abadi, its reform, which launched the first Hzmadtha in the ninth of this month's series, the center of local and international welcome continuously from the moment of taking these actions «bold» and »rare».

Millionday: NOTE -- THE FIRST WAS LAUNCHED ON AUGUST 9TH AND IT IS WELCOMED --

Millionday: The last reformist steps of the Prime Minister, taken yesterday and canceled under positions advisers in ministries and reducing their number in the three presidencies (the Republic, ministers, parliament) to only five per presidency, instead of the number of advisers who were full of them that the governing bodies and government cabin also.

Millionday: NOTE -- THIS MEANS TODAY -- AND ADVISORS LOST THIER JOBS DOWN TO FIVE FOR ABADI ETC
~~~


 

Millionday News 8/18/15  Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: and between the main team composed of Nine people were specialists in more than a detailed economic, there are sub-teams technical and economic aim of the issuance of policies and measures to support the private sector package, and policy development to ensure the implementation of Article 25 of the Constitution included reform of the Iraqi economy according to modern foundations and the diversity of sources of income and support the private development sector and encourage investment in the various sectors .
 
Millionday: NOTE -- THEY HAVE A TEAM SET FOR THE ACTUAL RELEASE OF THE ECONOMIC REFORMS
 
Millionday: Handal said the package was launched from several directions the most important shared national vision between the public sector and the private sector beyond political considerations factional and personal interests narrow, and that the postponement of the reform will have a negative effect, 

pointing to the need to strengthen the capacity of the national economy on a sustainable growth and modernization of technology of production and diversification of income sources as well as providing employment opportunities as well as to preserve national wealth of material and human resources and development.
 ~~~


 

Post From Wealthwatch.world Chat Room 8-18-15
Wealthwatch Evening Chat  8-18-15


chattels: The head of the House of Representatives during his visit to the Office of Financial Supervision that Iraq is today a state of reform, pointing out that these reforms will remain ink on paper and mere slogans if they are not activated to contact the actual reality, pointing out that he can not talk about reform without reform the judiciary. - wealthwatch.world/showthr...

OOTW: HERE'S THIS FROM THE LENGTHY IMF REPORT
OOTW: THIS CONFIRMS WHAT BUTI AND I HAVE BEEN SAYING

OOTW: HERE'S THIS PARAGRAPH FROM THE IMF REPORT

OOTW: www.imf.org/external/pubs...

OOTW: B. A Diversified Economy and a Bigger Role for the Private Sector 35. Iraq's transition to a market economy is incomplete. Iraq still presents elements of a transition economy, such as a financial sector dominated by large state-owned banks, pervasive state-owned enterprises (SOEs), and a business environment not conducive to growth. 
~~~


 

 
F. Scott Fitzgerald to Ernest Hemingway  "The wealthy are different than you and I."

Ernest Hemingway to F. Scott Fitzgerald  "Yes, Frank. They have more money."

WHO ARE THE SUDDENLY WEALTHY?


We are a wealthy country. As many researchers have documented, wealth in the United States is extraordinarily dynamic. The old wealth of chemicals, steel, and banking is replaced by new wealth from software, communications, and technology.

In the next twenty years, over $15 trillion of wealth will pass through inheritance from the Greatest Generation (those who endured the Depression, and fought the Second World War) to the Baby Boomers.
 
Incentive compensation in the form of stock options is a key factor in recruiting, retaining, and motivating corporate employees, from top executives to brilliant young engineers. When leading corporations are successful, these individuals may find their wealth grow into six or seven figures literally over-night, as their option grants vest or their companies go public.
....


 

Dinar Updates:

tman23   The new currency must come first as a prelude to the deletion of the 3 zeros from the currency... This is the biggest statement ever made yet so often overlooked!

If they are speaking of new lower denoms, then they would need a rate other then 1166...and if they come first, then the 3 zero notes will carry high value before removing the 3 zeros at the exchange window...what is the time limit...72 hrs...7 days...who knows...but it is possible!

The other scenario is seeing a 50,000 note come in October...if that hits the streets then it is not looking good no matter how anyone tries to spin it... Make no mistake...the world is on the edge of financial disasters... it is real and live!

There are 33 consulates now opened in Erbil... All these countries are lining up at the feeding trough. ..IMO it is bigger then Iraq...something BIG is being prepared... and TIME IS A FACTOR!
....