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6pm September 9th, 2016

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Table of Contents

Reader Comments On Emerging Markets & SDR Bonds

Economics, Free Philosphy of Metrics

Are Emerging Markets About To Switch Us Treasuries For SDR Bonds?

Reader Comments On Emerging Markets & SDR Bonds


wsw333    I'm an old retired guy whose better years are certainly behind me but throughout my years I have been told by many a successful person and witnessed (in my mind anyway) that "the small guy always gets crushed".
 
So, if SDR bonds will be replacing US Treasuries at the central banks around the world who hold a large amount of them (I would presume), what market absorbs/buys them? These US Treasuries that they will be unloading, don't just disappear do they?
 
My guess is that these US treasury notes will have to be sold to the retail marketplace, right? If so, the bond market to the retail investor will become attractive especially as interest rates rise, correct? Then, wouldn't this suggest a significant downturn in stocks as well?  Any comments/thoughts would be appreciated. Thanks!
...   

News, Rumors and Opinions Early Friday Afternoon 9-9-16

WSOMN:

AdminBill:   FRIDAY, SEPTEMBER 9, 2016 (9:45AM MDT)

GOOD MORNING DINARLAND. TO OUR FRIENDS AND NEIGHBORS ACROSS THE WORLD - HAPPY FRIDAY.

PREPARE FOR A MOST EXCELLENT ADVENTURE TO BEGIN BETWEEN NOW AND TUESDAY. ACCORDING TO MY INFORMATION WE WILL BE GREATLY BLESSED SOON.

I AM TOLD THAT THERE IS NO CONFIRMATION REGARDING 800 NUMBER RELEASE. I HAVE BEEN INFORMED THAT SITES SUCH AS WSOMN, TNT AND OTHERS MAY BE FURNISHED WITH CONTACT INFORMATION TO RELEASE TO THEIR MEMBERS. TIME WILL TELL.

BE ATTENTIVE AND STAY TUNED TO WSOMN, TNT, BRUCE, WINGIT, RECAPS, DETECTIVE, GURU, ETC. OVER THE COMING DAYS.
....


Dinar Updates Friday AM Chat   9-9-16   Part 3 of 3

rcookie says():   THIS IS FROM THE CONGRESSIONAL RESEARCH SERVICE "Current Debates over Exchange Rates: Overview and Issues for Congress" FROM SEPTEMBER 17, 2015.....
 
rcookie says():Addressing Disagreements over Exchange Rates
 
Government policies that impact exchange rates have been a source of contention among countries. Various avenues have been developed or explored over the years to address specific currency disputes, both at the multilateral level and through U.S. law, with varying degrees of impact.
 
On the multilateral front, countries have made commitments to refrain from manipulating their exchange rates to gain an unfair trade advantage through the International Monetary Fund (IMF).
 
Additionally, some argue that commitments made in the context of the World Trade Organization (WTO) are relevant to disagreements over exchange rates, although this view is disputed. Exchange rate issues have also been addressed in the past through less formal channels of international economic coordination among small groups of developed economies.
... 

Dinar Updates Friday AM Chat   9-9-16   Part 2 of 3

rcookie says():Iraq opens issuing passports system for his community in Los Angeles, US

 
Friday 09-09-2016 | 3:06:15   Twilight News / Foreign Ministry announced on Friday for the opening of the system for issuing passports for the Iraqi community in one of the large US states.
 
The ministry said in a statement today, "it was after the great efforts Consular Department of the Foreign Ministry and in cooperation with the Ministry of Interior and Iraqi employees of the consulate in Los Angeles opening of the issuance of the passport system in the Iraqi consulate in Los Angeles, the US."
 
The statement pointed out that this system "this important service to the thousands of Iraqis who live west of the United States of America will provide."
 
Clay says to rcookie():  wow they are truely on the move
subgirl says to clay(): (y)love that!!!
clay says to subgirl):me too next global currency
subgirl says to rcookie():that is huge too!

subgirl says to clay():this morning's news is pretty big! 
clay says to subgirl():it sure is especially for a Friday
...


Dinar Updates Friday AM Chat   9-9-16   Part 1 of 3

Post From Dinar Updates
Chat Room Excerpts & Highlights
 
Dinar Updates Friday AM Chat   9-9-16   Part 1 of 3
 
 
rcookie says():Zebari coordinate with the International Monetary Fund for the disbursement of $ 18 billion for Iraq
 
logo jumhuriya    Zebari coordinate with the International Monetary Fund for the disbursement of $ 18 billion for Iraq
 
Fri, 09 Sep 2016 12:39:51    # Algmehorah_uz  We arrived Iraqi Finance Minister, Hoshyar Zebari, a Jordanian capital Amman, the head of a delegation to begin negotiations with the International Monetary Fund, on Friday, in order to get a loan worth about $ 18 billion, according to an official statement from the Ministry of Finance,
 
Iraq had concluded in May / May last, an agreement with the International Monetary Fund in Amman, to grant the Fund a loan for Iraq worth $ 5.3 billion with an interest rate of up to 1.5%, Iraq took a share initial value of about $ 600 million last July.
 
The Finance Ministry said in its statement, said he "took place during the last period technical talks between the government delegation of the Finance and Planning and oil ministries and the Central Bank with the International Monetary Fund experts to review Iraq's obligations under Stand-By program with the International Monetary Fund."
 ...


Mnt Goat News Brief for Sept. 9th, 2016

 
( Thank you George for sending this so Dinar Recaps can post it.)

Hi Everyone,

Hope everyone is fine out in the dinar investors land.

Today I bring you yet more good news about the happenings in Iraq. I do not spread rumors or hype. I only try to bring the FACTS and you can see the articles and read them for yourselves. If I have an opinion I always tell you so you can judge for yourself.

So as promised, Abadi did forward his nominations for the defense and interior ministers yesterday. However, parliament could not vote to ratify them since they could not muster a quorum. Also they planned to hold a no-confidence vote on the finance minister Zebari for corruption charges but this too had to postponed until Sept 20th, as stated in the article below.

Why could parliament not muster a quorum?


The below posts were in our 10am newsletter

TNT:

MelloMel1962:  Mangelo, GM. Any news from your Iraqi contacts?

Mangelo:  Hello MelloMel yes there is, they said everyone is excited, different parts of Iraq knows what's going on and other parts don't,

They were told great things are coming, the conversation was to my friend and once again he forgot to do the three way connect so I could  not ask the detailed information i wanted.

Just remember the only thing I am waiting for is the celebration call from Iraq! nothing else matters, this is why I am now just doing many other things now...have a great and exciting day!!!

....


Intel Highlights From "The Big Call" Thursday Night  9-8-16  by PinkRoses

Thanks PinkRoses for sending these to us:

THE BIG CALL WITH BRUCE, THURSDAY, SEPTEMBER 08, 2016 INTEL NOTES ONLY
TRANSCRIBED BY PINKROSES
 
Bruce:  Welcome Everybody. Nice date. I know we are at the right place at the right time and excited where we are believe it or not tonight.
 
Bruce:  What is going on right now?  Let's start with Iraq. We heard yesterday that Iraq's financial and monetary reforms have been announced by Abadi in Iraq.  This is what would serve as the international announcement that their currency is internationally tradable.
 
Their key cards funded, pre paid debit cards can be used anywhere in the world. Some in US received key cards.  We knew one individual received with back pay on his key card all the way back to January. We knew he had rate over $5.
 
Since then the rate has gone up higher. So we are encouraged Keycards are being used all over the world through the CIPS system and maybe couple of other systems through Chase. We are excited about that for the Iraqi people.
....

The below posts were in our 10pm Newsletter

Dinar Updates Thursday PM Chat   9-8-16   Part 2 of 2

rcookie says():FINALLY....SOME COMMON SENSE....

rcookie says():Washington Post suggest passing a law that allows the families of victims of the September 11 , sue Saudi Arabia
 
Author: HAA Editor: BK 09/08/2016 19:56 Number of Views: 583
 
Long-Presse / Baghdad   Suggested an American newspaper, on Thursday, passing a bill allowing the victims of the September 11 attacks in 2001, the prosecution of the Kingdom of Saudi Arabia, indicating that President Barack Obama, oppose it vigorously for fear of the possibility of damage to relations and Washington, Riyadh, especially that it set a precedent that may be offered US officials abroad risk, and it allows file suits against foreign officials and raise their immunity, in the event of their involvement in terrorist acts committed on the territory of the United States.
 
The Washington Post The Washington Post the US, in a report, I followed (range Press), "The American parliament will vote on Friday on a draft resolution that allows the families of victims of the September 11, 2001 attacks, the possibility to sue Saudi Arabia over its alleged role of supporting terrorism."
 ...


Dinar Updates Thursday PM Chat   9-8-16   Part 1 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights

Dinar Updates Thursday PM Chat   9-8-16   Part 1 of 2
JETSET says():You know things are hopping in Iraq when even Maliki is calling for the activation of the Strategic Framework Agreeent.... Apparently he wants to get in on the good political press!
 
JETSET says():  http://www.dinarupdates.com/showthread.php?40594-Maliki-calls-for-quot-activating-quot-the-strategic-framework-and-Washington-renewed-its-comm&p=161104#post161104
 
rcookie says():TALKED ABOUT THIS ON LAST NIGHTS CALL..................
 
rcookie says():Parliamentary Economy commends the work of the Central Bank and calling for the media to be accurate
 
Author: AHF, ASJ Editor: AHF 09/08/2016 19:54 Number of Views: 547
 
Long-Presse / Baghdad  Has called for economic and investment commission in Parliament on Thursday, and the media to be accurate as recounted by the news concerning Alaguetsagd especially central bank policy, and as pointed to its support for his efforts to stabilize the dinar and prevent economic inflation, it confirmed the existence of a serious and professional work in the work of  the Central Bank of mechanisms.
...   

Thoughts from OWBTTIE 9-8-16 "The Day Before" 

Thanks for sending this to us tonight OWBTTIE

*The Day Before*

Timing Is Everything. How often have we heard that. For most of us, far too often. Especially since, in most cases, it's basically a 'default' reason for something not happening when we wanted it to. Or even worse, when we really needed it to.

Which seems quite fitting for our current status here in Dinarland. I'm willing to bet that 99.99999999% of us (I hate to speak for everyone) would rather be living out our post RV exchange dreams. And yet, here we are. Once again, rolling in to another month. Another month of another year.

Not just another month. But a month we never imagined we'd still be sitting here. Broke. In fact, this entire year is kind of a fantasy year. A year that never should have been.

With all the done done done's, all the 'supposedly' close calls we've had, how on earth can we still be sitting here on this side of the RV/GCR/GFR.
....


More News, Rumors and Opinions Early Thursday Evening 9-8-16

 
WSOMN:

AdminBill:  WORD ON THE STREET IS TODAY STARTS A NEW DAY TO CHECK OUT YOUR PLAN. GET YOUR CHECK LIST OUT ASAP AND MAKE SURE IT IS UP TO DATE. PRONTO. O:-)

I GIVE THE RV/GCR A 90% TO 100% COMPLETION OPPORTUNITY IN THE FOUR DAYS. COULD EVEN BE ...

LET'S SEE WHAT HAPPENS. NO ONE HAS BEEN RIGHT YET. I HOPE MY SOURCES ARE SPOT ON THIS TIME AROUND.
....