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Copyright 2016 - All Rights Reserved - DRT Distribution, LLC
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WSOMN:
AdminBill:
MONDAY, AUGUST 29, 2016 (10:30AM MDT)
WHERE ARE WE TODAY? NOW THERE IS A QUESTION THAT CONTINUALLY BEGS AN ANSWER IN DINARLAND.
I AM HOPING THE NOISE I AM HEARING ABOUT SEPTEMBER 1ST ARE MEANINGFUL. SINCE WE ARE NOT THAT FAR AWAY WE WILL NOT HAVE LONG TO WAIT TO FIND OUT. '
I HAVE SEVERAL CONTACTS THAT ARE VERY EXCITED STILL ABOUT THIS MONTH AND SEPTEMBER 1ST WORKS IN THEIR SCENARIO AS WELL AS AUGUST 31ST IN MY OPINION.
COULD IT BE LATER? THAT'S A RHETORICAL QUESTION OF COURSE.
THIS IS DINARLAND. THE ODDS OF THIS BEING COMPLETED BASED UPON PAST EXPERIENCE IS ALWAYS AGAINST US BUT ONE DAY SOON IT WILL BE.
....
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Post From WealthWatch.Com
Post By Chattels
The Stolen War Part 2 of 2
How corruption and fraud created a failed state in Iraq-and led directly to the rise of ISIS.
Looting American aid has enabled Iraq's elite to enjoy lavish lifestyles.
A particularly brazen and relatively new form of corruption involves handing out major foreign contracts to phantom companies. In 2013, Maliki's government signed a $6 billion deal with a Swiss firm called Satarem to build and operate a refinery that could process 150,000 barrels of oil per day.
But it turned out that Satarem was a front operation incapable of fulfilling the contract. It was registered to a law firm in the small town of Zug, its owners were anonymous, and its available capital totaled only $450,000.
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The Stolen War: How corruption and fraud created a failed state in Iraq-and led directly to the rise of ISIS By Ken Silverstein
August 22, 2016
Fires burn in Baghdad during the 2003 invasion. Iraq remains in disarray, hampered by inept and criminal leaders.
A few years ago, when Iraqi prime minister Nuri Al Maliki was still in office, a group of his closest aides traveled to Amman, Jordan, and rented suites in one of the city's most luxurious hotels.
They were there for meetings with foreign businessmen who had flown in to seek a lucrative contract for an energy-related project-one that would help rebuild Iraq's battered infrastructure. Baghdad, like much of Iraq, remained in a state of chaos, and was thus too dangerous for visitors.
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Sovereign Man Notes From The Field By Simon Black
How I Went Broke From My Own Arrogance
August 29, 2016 Santiago, Chile
In 1999, as an arrogant 20-year old kid who thought he knew everything, I went flat broke.
Actually, I was worse than broke. On top of losing all of my money, I was also in debt more than $22,000... so I had a negative net worth.
That was an astronomical sum for me at the time, and I thought I'd never recover.
I wrote about this a few months ago, explaining how I had borrowed money through a bank loan that was secured against my future earnings as an Army officer.
And then, without any real knowledge or training, I dumped the entire amount in the stock market, pretty much at the peak of the dot-com bubble.
At first I had a couple of small wins. I was daytrading popular Internet stocks like Yahoo, moving in and out of positions sometimes in as little as a few minutes.
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The below posts were in our 6pm newsletter
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WealthWatch News & Comments 8-29-16 Part 2 of 2
Post From WealthWatch.Com
chattels: Dubai: Standard and Poor's said it has affirmed its 'B-' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Iraq with a stable outlook. The stable outlook reflects the ratings agency's expectation that Iraq's large fiscal and external deficits can be financed, and that its conflict with Daesh (the self-proclaimed Islamic State of Iraq and the Levant) will be contained, the ratings agency said in a statement.
Read More
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Click blue title for post
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(Thank you George for emailing this to Dinar Recaps.)
Hi Everyone,
Now that Amnesty law is passed and aggressively being implemented, we will now want to move our attention to the next big obstacle to our long awaited RV, that of the oil and gas law (HCL). This law has been kicking the can down the road since 2008. If you research you will see just why this is the case. However this can not go on much longer since the survival of Iraq depends on nailing down just how the drilling, transporting, selling and revenue sharing will be handled. With ISIS stealing oil and all the recent mismanagement with the contractor payments they need an HCL more than ever.
If you truly take the time to study the 2008 draft oil and gas law you will see just why it has been delayed for so long and why it now has to go forward. Iraq has never had a better opportunity to move on this law and do it now. There is still some little hesitation since many in the finance ministry and parliament do not want to now distribute revenues for the oil revenue sharing due to the cost of fighting ISIS in the north. This is one other obstacle and now they also are talking about supporting a reduction in oil generation to raise the prices. This will of course have to be support by all of the GCC and not just Iraq alone. But the important part for us is this could cause yet more delays in the HCL law as they try to figure out what they are going to do. Will it impact the passing of HCL? I do not think so. But this is my personal opinion.
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TNT:
MountainMole: This is our week, the one we've been waiting for so long. Just think one of these nights we will lay our head down on our pillow to sleep and when the morning dawns we will rise to the day one our exchange. We lay down somewhat limited but wake to be released in such unbelievable way. Too good to be true but this is true
Lilypad: we are seeing more and more articles coming out of Iraq stating in the past tense that Mosul is liberated. We are waiting for the official announcement by Abadi which will kick off the financial reforms into warp speed. Abdi projected to send the 2017 budget to Parliament on Sept. 10th.via article in print. Announcement of liberation of Mosul kickoff and coordinated with everyone in place and ready for financial reforms.
Fireball92: GM ALL. I agree. w/ the laws and Mosul jabber It seems all is looking good that the budget open on 9/9.. Now, will they pull the trigger immediately or wait for the Fiscal year...
Yada: Fireball I would like to think they will at least pull it for private groups.
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Jester's Place:
Saturday Night: 8-27-16
[tombo] Jester when do you see the process being complete. The dollar becoming a player and not the king
[JESTER] tombo THERE IS NOT REALLY A COMPLETE... THIS PROCESS HAS BEEN UNDERWAY FOR SOME TIME...
THE ENDPOINT IS NOT SOMETHING ANYONE WILL NOTICE... THIS WHOLE "PUSH THE BUTTON" THING THEY KEEP TALKING ABOUT IS NOT WHAT I THINK IS HAPPENING...
IN TRUTH WE HAVE BEEN POSTING THE SCENARIO FOR A COUPLE MONTHS AND BACKTRACKING WHAT WE ALL MISSED THE START BACK FALL OF LAST YEAR...
BUT NOW IT IS CLEAR THAT IT HAS BEEN UNDERWAY SINCE THAT TIME...
[tombo] I realize the transition is taking place over time...I just presumed there would be a time when the process would be completed
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The below two posts should have been in our 10am Newsletter
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From Recaps Comment Section: 8/28/16 5:30pm
Artsand: I've been driving for a ride sharing company and last night I drove a nice young man from Zimbabwe. We spoke on a number of subjects and I asked if he knew anything about their currency.
He mentioned that his father was in the government and specialized in finance and that something very VERY unusual was about to happen.
I mentioned the RV and its purpose and scope and he confirmed that his father had told him that yes, the currency was being REVALUED September first.
We were both very excited and we talked about the future for our world!
....
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2 Comments
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 8-28-16
nromeo says():good morning,does anyone know what year it was when they said they were postponing the value of the dinar for 5 years or was that a guru rumor
larrykn says to nromeo():gurus bs lol
IcemanAKASnake says to nromeo():probably
nromeo says():i thought there was an article saying they were ready back in 2011 or 2012 and then they postponed it for around 5 years
IcemanAKASnake says():??? Is the General Dunford stuff Ive seen actually ""almost true" ???
larrykn says to nromeo():if you can find that article I like to see it, don't think you will :)
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The below posts were in our 10am Newsletter
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the Prime Minister's Office prepared the World Bank to provide financial assistance to Iraq and to the "unconditional mechanisms" ...
Of course - that is "pandering" to his base - he's showing the WB embracing them - without conditions... but - we know that's not true.
so what is the real picture??
there is a lot we don't know...
but the WB is there and happily shelling out $$...
in my experience - that never happens until the bankers are COMPLETELY
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BGG says():Hey gang - we all ready for News Time??
BGG says(): OK - where we at??
BGG says(): Here's some quick thoughts off the top of my head...
this is an investment.. not some Rah - Rah club... BUT...
I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!!)...
BGG says():One point that gets missed alot - they have signed deals and agreed to remove and adhere to a more "international standard" regarding their internal MCPs... (the means "multi-currency practices")... THIS IS HUGE... MCPs coming to an end...
this is a big point in their whole "economic reform package" - it is a complete overhaul... MCPs and currency being only one point of the program...
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