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10am September 5th, 2016

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Table of Contents
 

Happy Labor Day

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The Dinar Recaps Team wishes everyone a happy and safe Labor Day.

Note: Due to the holiday, we will NOT have a 10pm (ET) email Newsletter tonight, but check our BLOG page for any new postings.
 

Post From Dinar Update

Chat Room Excerpts & Highlights

rcookie says():HERE IS A BIG ONE!!....EXACTLY WHAT THE IMF IS LOOKING FOR THE CBI LAW TO BE AMENDED TO........
 
rcookie says():Building on the safeguards assessment conducted by the IMF in December 2015, the government will strengthen the legal framework of the CBI to provide for independent oversight of the CBI's operations.
 
The Governing Council of the CBI will, by end-October 2016, approve a new charter for the Audit Committee prohibiting Central Bank of Iraq executive representation on the committee (SB, Table 5).
 
The Council of Ministers will, by end- December 2016, approve and introduce to parliament amendments to the Law on the Central bank of Iraq to strengthen CBI governance and the internal control framework, in line with the IMF safeguards assessment's recommendations (SB, Table 5). Specifically, the CBI Law should be amended to:
~~~

Post From Dinar Updates

Chat Room Excerpts & Highlights
 
rcookie says():HERE IS SOMETHING YOU WONT SEE WOLF BLITZER COVER ON CNN........OR SEE ON FOX.......
 
rcookie says():Sulaymaniyah announces rise in the number of tourists by 500% compared to last year
Saturday 3 September 2016 13:19 announced Director of Tourism in Sulaymaniyah Yassin tread Said province, Saturday, rising numbers of tourists coming to the province during the first seven months of this year increased by 500% compared with the first of last year, seven months.
 
Saeed said in an interview with Alsumaria's News, he was " in the first seven months of this year it recorded visit 154 thousand and 957 tourists to the province of Sulaymaniyah , "noting that" the province received 32 thousand and 901 tourists during the first seven months of last year. "
~~~

KTFA:

Militia:  How long does it take once a Candidate to become a full member, any ideas? From the progress we see it would appear it is at hand at any time now being that Iraq is fully on the way to becoming a full fledged market economy. Does it take having an internationally recognized currency in place and actively traded globally?

MBAGrad:  Militia - I believe that Frank had stated that Iraq was on a "Accelerated" path to full membership in the WTO and that one of the requirements was that Iraq had to move away from its program rate to a valid currency rate.

As for how long it takes to become a full member under a "Accelerated" path, that's something that I don't know at the current time but Iraq must be off its program rate prior to becoming a full member of the WTO.

Hope that helps.
....

Post From Dinar Updates

Chat Room Excerpts & Highlights
rcookie says():Expert: dangerous phenomenon that threatens the Iraqi economy and the owners of the funds themselves
 
On the other hand sees banking expert, that the "loss of confidence" of Iraqi banks forced the owners of the funds to seek to invest abroad, while the longer that it involves a "serious risks" to the Iraqi economy and the investors themselves, calls for the development of quick solutions to restore confidence in national banks and activation of the financial and banking sector to eliminate usury and money laundering and fraud.
 
He says Abdul Hassan Ziadi, in an interview to the (long-Presse), said that "a number of reasons have led to the withdrawal of the Iraqi capital to neighboring countries, such as Iran, including the activity of the Iraqi private banking sector has become virtually non-existent in terms of interest and investment," noting that "the Iraqis are now private banks do not trust what forced them to run their money in other countries. "
~~~

Post From Dinar Updates

Chat Room Excerpts & Highlights 
 
jimplants says():for iraq toqualify for the WTO theyneed to have a currency that has a REAL VALUE NOT IMPOSED BEFORE THEY CAN JOIN
 
Elane says():This is all just such stellar news.. BRILLIANT!
 
jimplants says():AGAIN BEFORE THEY CAN JOIN A REAL VALUE
Okie Dinar says to jimplants()::)(y)
sassy says():jimplants exactly
 
rcookie says to Soonergirlie():YEAH...BUT I SURE WISH THERE WAS PROOF THAT THE REDUCING THE NOTE COUNT WAS WORKING OR IN PLAY AT ALL....
 
Soonergirlie says():nice jim (y)
Soonergirlie says to rcookie()::D
 
rcookie says to jimplants):EXACTLY.....
sassy says():rcookies new mission to find proof :D
 
rcookie says to jimplants():EVERYONE WAS STILL SNOOZIN..
jimplants says():WELL I BELIEVE THEY ARE WAKING UP. GOOD MORNING SIR
 
Okie Dinar says to jimplants):I'm WIDE awake now :)
 
rcookie says to jimplants():I HAVE HAD PROOF AND CONFIDENCE....ITS SOME OF THE GROUNDED...KEEPING IT REAL NEGATIVE NELLIES...THAT A NEED A WHACK FROM A PUSUADER!!...
~~~

Post From Dinar Updates

Chat Room Excerpts & Highlights 

rcookie says():Parliamentary Reconciliation: No vote on the law of accountability unresolved Khallavat blocs
 
logo jumhuriya  Parliamentary Reconciliation: No vote on the law of accountability unresolved Khallavat blocs
 
Sun, 04 Sep 2016 07:37:20   # Algmehorah_uz   The head of the reconciliation committee and parliamentary accountability Hisham al-Suhail today, that there is disagreement on the draft accountability and justice law, he did not offer to a vote during the parliamentary session this week.
 
Suhail said in a statement Sunday that "the law of accountability and justice will not expose sessions of parliament for a vote this week." He pointed out that the law introduced during the previous sessions of Parliament for a vote this had not happened because of some controversial points that need to be adjusted.
~~~
The below posts were in our 6pm newsletter
 

More News, Rumors and Opinions Sunday Afternoon 9-4-16

Emailed to Recaps:

BLUWOLF:  9-4-16 The Global Change has officially started.
 
THE REBIRTH OF THE BLUE BUBBLE IS FINALLY FINALIZED.
 
Expect all the changes specified to you to unwind before you now.
 
Those whom form part of the orginal WF plan will be honored as informed in the past, NOTHING HAS CHANGED ON THAT.
 
Have a great life people for it is time. Bluwolf
....


 

Special Friday Night KTFA CC Notes for 9-2-16  

KTFA:

Aggiead77:  Here are the Notes from the CC on 09-02-2016....sorry they are so late...but we are out of town this holiday weekend and have been busy.....thanks for your patience.......enjoy  Aloha  Randy

*** 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!!! ***

 CC Notes for Friday 09-02-2016

Frank26:  Greetings Family and welcome to this special conference call.....Family the reason why I gathered you together.....I wanted to reach out to you one more time before I left.....

I don't see you talking about this, nor do I see the internet talking about this....maybe you are not understanding it and I don't mean that in a degrading way....for it is difficult to understand what they are doing because they don't tell you everything....KTFA Family I would like to spend a little time with you right now.
....


 

Dinar Updates Saturday PM Chat  9-3-16   Part 1 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights 
 
Dinar Updates Saturday PM Chat  9-3-16   Part 1 of 2
jimplants says to plowboy():well i guess if our IQD will not be worth anything the UST IMF AND WORLD BANK will not be worth anything either since they hold a butt load of it
 
jimplants says():think about it do you think that for one minute that these major investment and banking groups would be pumping BILLIONS into iraq and accepting IQD into their currency reserves to lose money? i think not they are there to make money
 
JETSET says to jimplants():not to mention that the US paid billions to have the current currency produced...
 
jimplants says():last thing the WORLD BANK has set up a office in Basra and are calling it the GATEWAY TO THE NEW SILK ROAD ....

not there to lose money and as RC stated the IMF AND WORLD BANK are now driving the bus they are profit oriented. PROFIT AS IN WE WANT OUR BILLIONS BACK
 
david334 says():Is this NY Post fact ?
http://nypost.com/2016/09/02/iex-grabs-attention-in-wall-street-debut/
 
magnetlady says():I don't know david. let me go read it.
 
Baxter says():I think it is David... what happened to Iraq getting in Yesterday?
Baxter says():or... did they? Ive been on the road...
 
david334 says():They designed a "speed bump" in trade data execution that impeeded the flash traders who are front running thieves . This wou;=ld be amazinf. Going to the ISX to but GM or IBM based on best bid or offer]
~~~

 

Dinar Updates Saturday PM Chat   9-3-16   Part 2 of 2

rcookie says():"Failure" of the Iraqi banking pays money to Iran as the "green light" from the clerics and leaders of factions
 
Author: AB, HH, MJ Editor: AB, BK, HH 09/03/2016 23:57 Number of Views: 820
 
Long-Presse / Baghdad  Iranian banks have succeeded, to attract Iraqi funds in the phenomenon it began to widen through the granting of facilities and benefits attractive untapped distrust Iraqi counterparts, where armed Shiite factions and religious fatwas played an encouraging role on those investments, with the exception of specialists invest the Iraqi capital in the neighboring countries, "danger" that threatens Iraq's economy, the Finance Committee asked in the House of Representatives to "reconsider" the work of Iraqi banks and banking policy.
 
$ 100 for every 10 thousand
 
He decided Adnan Kazim, a resident of Sadr City, in eastern Baghdad, the sale of his house with two floors, measuring 144 m2 and move to live in Iran after they invested their money in the banks, taking advantage of the benefits of "tempting" awarded by enough needs.
~~~ 

 

AdminBill at WSOMN Sun.AM 9-4-16: "Where Are We Today?"

WSOMN:

AdminBill:  SUNDAY, SEPTEMBER 4, 2016 (10:00AM MDT)
 
ENJOY YOUR SUNDAY AND MONDAY. THE LABOR DAY DAY WEEKEND HAS HISTORICALLY BEEN OUR LAST WEEKEND BEFORE THE FALL SEASON FINALLY KICKS IN AND SCHOOL IN FULLY IN SESSION.

FOR ME IT IS THE BEGINNING OF THE COLLEGE FOOTBALL SEASON AND THE START OF MLB PLAY OFFS. WHAT A GREAT TIME TO BE ALIVE AND WHAT A GREAT TIME FOR AN RV/GCR.

MY SOURCES ARE TELLING ME THAT THIS WILL BE A RECORD SETTING SEASON FOR HOME SALES, LUXURY CAR SALES AND ALL SORTS OF ITEMS THAT WILL STIMULATE OUR ECONOMY.

IT MAY ALSO BECOME A SEASON OF EARLY RETIREMENTS IN DC AND AROUND THE WORLD IN GOVERNMENT AND PRIVATE SECTORS FOR MANY REASONS NOT WITHSTANDING THE FACT THEIR JOB HAS BEEN COMPLETED.
....