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6pm September 22nd, 2015

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Emailed To Dinar Recaps

Written by Mark Nestmann

The Canadians to save us from FATCA? Maybe... 

FATCA, officially known as the Foreign Account Tax Compliance Act, is probably the worst law that most Americans don't know about. 

I've written about this monstrous law repeatedly, most recently here. But now, it looks as if the prospects for FATCA's implementation could be throttled by the courts of meek and mild-mannered Canada, of all places. 

If you haven't heard of FATCA, you're not alone. US citizens living in the US who don't invest outside the US aren't affected by the law. But if you're a US citizen living in another country, or one who invests outside the US, FATCA is very bad news, indeed. 

Straight Talk Radio For Dinar News that matters!!! - with BGG Tuesday 9/22/15

Youtube Audio player


641-715-3639  pin# 570743    18 Minutes  
In Email Newsletter, click blue title for Youtube Player.


Iko do u think we will see this blessings before FRI??

Iko Ward:
   go4it, I know they want to do it before Friday. As for it going? Up to the Iraqi people. Always listen to Tony. All the info is there in his call, you just have to mine for the gold. Just as it is with Forex, Tony has his own indicators

:   IKO....if that be the case, we might as well just sit back and wait for next wed or thu..???

Iko Ward:
Tim...there is some truth in that, but if I was worried about money laundering and fraud I might think about doing it sooner at an unexpected time. That's what they did in Kuwait. Big headline that morning NO REVALUATION, then at 3PM that afternoon the gates opened.

Tim12thman:, wouldn't that be awesome. Hoping we have a repeat on that for sure

(See below for Updates on CBI Reforms and Fighting ISIS / DAASH)


Monday 21-09-2015 | 5:31:51

Shafaq News / The head of the Iraqi government, Haider al-Abadi, on Monday, he was awaiting a number of people close to him and the coup to remove him from power.

Abadi's remarks came during a speech at the "Conference of the government must be of service" which, he said, some officials guards equal to the number three military brigades, soldiers, adding that this is not reasonable by any standard.

Abadi said that everyone is aware that many people affected by the reforms, pointing out that he does not rule out that because of their quest for a coup against him.

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


Hello Everyone,

As many of you beer lovers may know the 182nd annual Munich Oktoberfest has begun last Saturday and so my family and I will traveling on the bahn and heading to Munich soon to participate. We try to go every year as it has become a tradition for us. Last year we were present on Saturday for the tapping of the first Oktoberfest-beer-barrel by the Munich mayor in the Schottenhamel Tent. We missed it this year but we will still drink our share of the bier. Meine Kinder enjoy the rides and the mid week is not so busy and hectic.

This will be my last news letter until we return from Munich. However I will try to tap (no pun intended) into the news in the gasthof hotel while we are in the city and maybe give a nice update for you in Friday or Saturday for the week ending. How does this sound?

Today I come to you once again to see what sense we can all make out of this RV saga of the Iraqi dinar.

The below posts were in our 10am newsletter

Iko ward:
  So, all the markets are down this morning including ISX and the Arabs. Forex took a few extra minutes to poll out at 1110.7. Something's up.

NetGlobal:    So anybody, is the Forex a precursor to what is about to happen with the RV or is it a reflection of what has already happened?

Iko Ward:
  Netglobal, it is both for now. Once we RV, it will report what is up at the CBI and show what is up with the world markets. Makes perfect sense, huh?

Net Global:    IKO, so the Forex can predict the RV?

Iko Ward:
  Forex can be a strong indication of a pending attempt. Whenever it has got down to 1105 they have tried it. I'm being told if we ever see it below 1085 they have done it.


Buenos Aires, Argentina   September 21, 2015

From Jim Rickards

Dear Reader,

If you don't know who Robert Triffin is, you should read this closely.

Triffin was a Belgian economist who lived from 1911-1993. He was regarded as one of the leading authorities on gold, currencies and the international monetary system during his career.

He made many notable contributions to international economics, but his most famous was the articulation of what became known as "Triffin's dilemma."

The paradox of Triffin's dilemma was pointed out in the early 1960s, yet its implications are just now coming into full view. Far from a relic of the past, Triffin's dilemma is the key to understanding the future of the international monetary system.


FRANK - we are only giving this to you in our opinion. Delta and I are interested in the "timing" of these events.

Here's another one. In the last few months ... there are some places that were shut-down ... yet those who get more than 10,000 ... they are asking for SSN's. It's coming ... not only for Iraq ... but for many others too.

DELTA - the 50 and the 100 dinar articles are still confusing people. You will not have a country with lower inflation than Iraq. For the countries who added zeros to their notes is due to high-inflation. Right now in Iraq ... inflation is very, very low. It doesn't make any sense to produce more 3 zero notes.

Remember the articles about the coin and the 50 and the 100 dinar? At the end of the article ... they gave the example that the note would be a 50 note ... and this was from a committee member.

The plan to execute it was in July - but they didn't do it. We do believe that they are now ready.


Notes by FrostyTheSnowman » September 21st, 2015, 11:43 pm 



*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! *** 
Frank26:   Now let's jump into the study of the Iraqi Dinar.
Do we give you a date? No
Do we study time frames? Yes
What if I gave you a date tonight?
What if I gave you a date ... not from me ... but from those who have the authority in Iraq.
Would you allow me to do that tonight?


Bgg newstime 9/21/15  Part 2 of 2


BGG: The "big news" is Abadi is having trouble with his "natural partners" over these reforms...

BGG:  Sources told Asharq Al-Awsat published in London on Monday over a "hindrance" to replace the Prime Minister, that "both the Islamic Supreme Council headed by Ammar al-Hakim and Sadr movement led by Muqtada al-Sadr say that if so it won't come anymore one of Dawa party (led by former Prime Minister Nuri al-Maliki) Prime Minister."

BGG: I highly doubt any realistic talk of changing the PM will take place - BUT Hakim AND Sadr promise if that does happen - IT WON'T COME FROM THE DAWA PARTY - as in NO MALIKI or Maliki influence.BGG: plus - Maliki JUST GOT DISSED by the US Embassy over this topic


Bgg newstime 9/21/15  Part 1 of 2


BGG: also - if anyone would like to help out - we could use some additional Chat Copiers (and we need to work out a few adjustments soon) get a message in to Magnetlady 

BGG: I have a few comments and some very interesting news to look at...BGG: As we talked about during Round Table today - the Moody's rating is good news...

BGG: whatever it means (exactly) them having a ratings outlook is good...BGG: and by the by - it is only a "provisional rating" on their bonds only - however, it's essentially the data and info they would use on a sovereign credit rating...

BGG: great comments by rcookie earlier regarding Alaq...


The below posts were in our 10pm newsletter
Deflation on the Horizon   By Jeff Thomas

For years, a rather pointless argument has been ongoing amongst economists - that of inflation versus deflation.

The principle countries of the world have amassed a greater level of debt than the world has ever seen and, of course, this can only end badly. But will it end in inflation or deflation? To me, this discussion is akin to arguing whether the sun will rise in the morning or set in the evening.

Those who predicted inflation and those who predicted deflation will both get to be right. This will be an equal-opportunity disaster.


Post From Chat Room  9-21-15
Wealthwatch News / Links & Chat  9-21-15  Part 2 of 2

Fit2beFit: Observers fear that this may open the door for currency counterfeiting on a large scale taking advantage of withdrawing old currency from the markets. 

The project of deleting zeros from the old Iraqi currency despite its strategic importance though its implementation should take into account the stability of security policy in the country to avoid any disastrous consequences. 

For those who like to cut and paste, here are just the CBI documents I have personally had translated by native Arabic speakers: The Central Bank gives the green light to execute "zero deletion" and confirms: We need two years to finish it


Wealthwatch News / Links & Chat  9-21-15  Part 1 of 2

Post From Chat Room  9-21-15
Wealthwatch News / Links & Chat  9-21-15  Part 1 of 2  OOTW & Sczin11 In Part 2

chattels: ERBIL, Kurdistan Region - Pro-Iraqi government Shiite militias were in violation of the laws of war in retaking the city of Tikrit from ISIS militants in March and April 2015, according to a report released Sunday by Human Rights Watch. 

"Militiamen deliberately destroyed several hundred civilian buildings with no apparent military reason after the withdrawal of the extremist armed group Islamic State, also known as ISIS, from the area," HRW said in a press release promoting the report. 

The 60-page report, "Ruinous Aftermath: Militia Abuses Following Iraq's Recapture of Tikrit," used satellite imagery to confirm eyewitness accounts.



Zzzzzzzzz:  9/21 Abadi Speech - Must Proceed with the Reforms

Prime Minister Dr. Haider Al-Abadi: there is no substitute for proceeding with reforms except chaos and the return of abhorrent dictatorship

Sept 21 2015
The Prime Minister Dr. Haider al-Abadi stressed that the fight against the political quota system is an essential part of the fight against corruption because personal or party loyalty leads to promotion of those close to you at the expense of the professionals and capable people, and this injustice destroys society and we will not allow it.

The PM said in a speech during his attendance on Monday (in a ceremony honoring the teams completing the pension applications of the families of martyrs in their homes) that the people may be patient with the difficult economic situation, but they will not stand for the presence of a privileged class that enjoys protections.