Rupee down 5 paise against US dollar in early trade

Economic Times3 hours ago

MUMBAI: The rupee fell marginally by five paise to 60.17 against the US dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas amid lower opening in the domestic equity market.

rupee down 5 paise against US dollar, at 60.17Business Today
Rupee slips from two-week highs, ends at 60.12 vs US dollarindiatvnews.com

Rupee down 5 paise against US dollar in early trade

Economic Times3 hours ago

MUMBAI: The rupee fell marginally by five paise to 60.17 against the US dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas amid lower opening in the domestic equity market.

rupee down 5 paise against US dollar, at 60.17Business Today
Rupee slips from two-week highs, ends at 60.12 vs US dollarindiatvnews.com

[SpecialAgentGibbs] And the new system I was talking about shows more & more… Putin BRICS To Form New “Energy Association” Counters OPEC:   http://www.youtube.com/watch?list=UUADUhVAbhc_p7R-zSrZt-Mg&v=Z6tGFjRlKwk

[SpecialAgentGibbs] Zimbabwe Pushes for Gold-Backed Local Currency:    http://www.theeventchronicle.com/finanace/zimbabwe-pushes-gold-backed-local-currency/

[SpecialAgentGibbs] U.S. ally cuts off communications with Obama and seeks new trade outside dollar:    http://www.examiner.com/article/u-s-ally-cuts-off-communications-with-obama-and-seeks-new-trade-outside-dollar

[SpecialAgentGibbs] You are witnessing the death of the USD…
….

[SpecialAgentGibbs] The end of the USA regime nears…

[pursuitoftruth] SpecialAgentGibbs What is going to happen to the families who have perpetrated the USD?

[Steelerfan] pursuitoftruth the return of the Republic means that but for us to lose the Petro Dollar status is gonna hurt financially I would think

[SpecialAgentGibbs] The dawn of a new golden age

[pursuitoftruth] SpecialAgentGibbs It may hurt for a while but it is mostly going to hurt those who have been abusing their power most. The American people have already been hurting.

[SpecialAgentGibbs] I said a few days ago, you will have your GCR WHEN there’s a system in place to insure it’s proper longevity….

[HIGHERGROUND] SpecialAgentGibbs hi and yes… bring on the new golden age… ptl

[BLESSME] SAG is it in place now??

[SpecialAgentGibbs] THAT system is unfolding in front of your eyes….

[musiccitylady] SpecialAgentGibbs key word being “when”

[Steelerfan] SpecialAgentGibbs here and in Iraq???

[SpecialAgentGibbs] Anyone that doesn’t see it happening, has not been paying attention to the links I have been providing

[HIGHERGROUND] SpecialAgentGibbs but between banks and countries… correct?

[SpecialAgentGibbs] HIGHERGROUND supposedly…

[SpecialAgentGibbs] Sorry but I do not subscribe to the dinarland propoganda that the seating/announcement of the Iraqi PM/President is going to be the trigger point

[SpecialAgentGibbs] Someone came up with that prediction, now ALL the providers are jumping on that bandwagon…

[SpecialAgentGibbs] I simply disagree

[pursuitoftruth] SpecialAgentGibbs I have been watching it unfold. It is amazing to be aware because of my involvement with the Dinar, else it would be going right over my head. I am grateful to be a participant in this historical process.

[HIGHERGROUND] SpecialAgentGibbs yeah.. reminds me of all the other significant indicators from Iraq..

[musiccitylady] SpecialAgentGibbs didn’t we go through this 4 years ago too?

[snowcap71] SAG then what will be the trigger?

[SpecialAgentGibbs] snowcap71 As I said moments ago, when the new system is in place

[snowcap71] OK thanks

[pursuitoftruth] SpecialAgentGibbs Is it like the other systems in the government that don’t work? We may be waiting a while yet.

 [SpecialAgentGibbs] pursuitoftruth think global

[SpecialAgentGibbs] Pay close attention to the things being done to usher in the new system….

[SpecialAgentGibbs] BRICS making it’s openly announced move….

[SpecialAgentGibbs] Germany looking to join that movement….

[HIGHERGROUND] SpecialAgentGibbs yes..that BRICS move and Turkey going silent … Great stufffff…..

[SpecialAgentGibbs] Putin looking to replace the OPEC system…..

[SpecialAgentGibbs] The writing IS on the wall

[drl] SpecialAgentGibbs So can we conclude that you are in the same camp as Jester in that the IQD will not RV until corporate america is returned to a constitutional republic in spite of the fact that Iraq needs to raise the value of their currency to support their budget?

[SpecialAgentGibbs] drl Not entirely…. Global happenings clearly indicate the the rest of the world has decided to circumvent the USA

[BLESSME] SpecialAgentGibbs how long till its finished?

[SpecialAgentGibbs] BLESSME NO one can honestly answer that

[Steelerfan] SpecialAgentGibbs but will the Republic go hand in hand with the circumventing by the world??

[SpecialAgentGibbs] Steelerfan I have my doubts…. Those in control just refuse to give up

[pursuitoftruth] SpecialAgentGibbs Can they call the global reset without the USA and what will that do to us Dinarians?

[SpecialAgentGibbs] pursuitoftruth why not

[pursuitoftruth] SpecialAgentGibbs Will we have to go elsewhere to exchange?  Or will it force the USA to finally give.

[SpecialAgentGibbs] pursuitoftruth who knows

[WCW] pursuitoftruth i think that the USA has held this off so long now the other country s are getting back at us

[pursuitoftruth] WCW And who came blame them.

[SpecialAgentGibbs] The USA has been the global bully for eons,,, now the other kids on the playground are ganging up to fight back

[SpecialAgentGibbs] Choose your ballots wisely next elections….

Schiz:  Hey Mike, I fear we still have a bit of a wait once even PM is voted in. That isn’t a complete goi, the new PM then has 30 days to seat all the people in the positions. Something M didn’t do for the whole 4 years he was in…and what we were waiting for.

(we seem to be forgetting all the other positions that need to be seated too to complete a government) we gotta give ourselves a reality check, if thats what turki is waiting for they got a lot of work to do yet. lots of positions to fill!

If turki is waiting for a fully seated goi we may still have  a few months wait in this yet, If he just wants to see the new PM (which we all hope) this should be over quicker than that.
~~~

Schiz Continues:  I’m kinda hoping the budget and all those laws that need passing have been done and just await a vote in parliament, or maybe get activated at the same time cbi does the change.

In my head I still see months and months of waiting for us yet, but I hope all we need to see is a new Prime Minister!

My rational mind says were prob waiting till Jan one now or the start of the next quarter, I hope i’m wrong, i’m soo ready for this *** to end NOW!

Woodlips:  Appears there is no stability yet.  http://www.cjad.com/WorldCP/Article.aspx?id=429831

XXXX:  Did anyone say there was?  And it’s the “security” part of “stability and security” you’re looking for. By “stability,” Turki was referencing the government

Rockstar,  They would have to be in a big hurry, and get the government formed right away, but it’s not impossible. I may have a bit of a disagreement with Schiz about how long that takes.

If you get the right guy, and he already has his ministers selected, that part can go really fast. Maliki just took so long, and never went through with it, because he was trying to play dictator.

United for Reform has had months to negotiate the new cabinet, and I would think they already have a pretty good idea of who goes where.

Schiz:  Rev, Iraq has never been stable, not since the dawn of it’s existence lol, the facts are it will never be stable, not with so many opposing religions who have killed each other off for hundreds of years.

Iraq has never been stable and it certainly wasnt even when it was worth over 3 bucks, I think they were at war with Iran then.

I think we get confused, stability to the cbi is political stability. He wants people in those security positions, wehich in itself will help stability and security on the ground.

Iraq was a mess in 2010 but you know, experts say that was the most stable iraq had been for like 50yrs or summin LOL!

Yeah i’m hoping this too but i’m just stretching out a reasonable timeline so i aint too miffed off with the wait for it all lol

I remember Allawi saying he could seat the government in days, here’s hoping whoever the next pm is (mahdi :P ) will be able to too

XXXX:   Yeah, “security” and “stability” are certainly relative terms

Jtdinar:                Schiz, I don’t think we are waiting for a full GOI. Who the *** knows what Turki meant when he said “stability” of course that means something different to the Iraqis than it does to us. So who knows. I honestly don’t think they can push this out until next year. We shall see……Tlar way say you????

Tlar:   If I remember correctly, the word he used was “settled” not stability or security when he said, “i would do it now if the government (I think he meant issue) was settled.”  Can someone go back and check?

Look, things are going very well at present.  The PM position is a tricky one to resolve.  Nobody envisioned that the SOL leadership would still be backing M by this point.  tlar

Woodlips:  Iraqi lawmakers elect new president as attacks kill dozens, Islamic extremists blow up mosque        http://www.cjad.com/WorldCP/Article.aspx?id=429831

Mike:  Great article, woodlips. For me, this is just more pressure on Maliki, and more importantly, the folks who are trying to get rid of him. While the Shia politicians fool around, ISIL is working overtime to destroy every mosque and shrine that have meaning to the Shia’s.

Sistani and Iran are only going to ratchet up the pressure for Maliki to step down. It’s pretty clear the military has lost the ability to control the country, this will continue until a unified Iraq is created.

Fredl:  Tlar, I thought the SOL backing Maliki was really a non factor with the Coalition having the majority.

Woodlips:   Excuse me. But there have been many who invisioned that the SOL leadership would still be backing M by this point.

Tlar:  Everybody has tried to get him to quit yet he hangs on.  He just tried to get the courts to declare the SOL as the largest block.  It is not.  The NA is the largest block because technically they are all one block. 

There are blocks in the SOL threatening their leadership if they pursue this line of action by pulling out of the SOL and re-aligning themselves with the coalition. 

The SOL will loose in the next couple of days.  It is a party in flames with many members that have grown tired of this game.  These are the only true patriots in their party.

Also they are still meeting.  The news coverage makes it sound like they have adjourned because that’s the way Jubouri wants it.  You can forget the August 5th date. 

That also is there as a backstop date and and as soon as this issue is resolved, they will call for the nominee and vote.   This should be over before August 5th.

The SOL better come around or there will be re-alignments in the NA and the SOL will no longer have a voice if they continue to hold their ground on a M nomination.

 M’s plan to use the courts backfired on him.  He had intended to go to the court in secret to get a ruling to to force his nomination.  It was his last straw.  Give this a few days.  More info will slip out.

 This is another tricky nomination but it will come out right.  The SOL IMO will emerge as a weak party by the time this is over.  Don’t ask me how I know but you will be very happy with the rate. 

I am pretty sure I now know the rate.  It is even a little higher than I thought but I am not going to ****.  Hang in and quit knit picking the small stuff.  We need a budget and a PM and an RV, period.

 All three are within site and are being done while we watch.  The plan is to expeditiously do them – and they are.  Tlar

Brule:   Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation

 Central Bank Governor Abdul-Basit Turki 02/05/2014 12:04  Tomorrow’s Press / BAGHDAD:

The governor of the central bank and agency Abdel Basset Turki, said Friday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for “tomorrow Press “,”

The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country. “

and added that “the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market from manipulation of traders in it. “

said Turki that “talk is not only about the lifting of the zeroes where to change currency will rearrange government records completely change the accounts that deal with public spending,” denying “the issuance of any decision New from the central bank regarding the deletion of zeros from the currency. “

referred to as the central bank denied the earlier direct the project restructuring of the Iraqi currency next year and delete the zeros of the three of them, because this time is appropriate, indicating that the applied project is in coordination with the Iraqi government and its institutions relevant.

Tlar:     Let me try to clarify what I am saying.  Jubouri just read the rules and determined the largest block is the NA of which everybody in the NA is a part of.  The total block consists of 178 MP’s. 

The SOL has 95 of those MP’s the coalition has 83.  But the blocks that are not SHIA, the Sunni’s the Kurds and the Turkmen have the balance of the MP’s out of 326 or they control 148 MP’S combined.

  So the NA (Shia) is determined to be the largest block and it is the NA who has the right to nominate a PM, not just the SOL.  To pull this off the coalition Shia’s must either get defectors from the SOL to align with them or they must get the SOL itself to nominate specific acceptable candidates such as Chalabi or Maudi. 

To control the most votes they must get about 10 MP’s away from the SOL to join with them which would give them 93 MP’S to the SOL’s 85. 

That would be enough to allow the coalition to make the nomination either by open vote or by secret ballot.  The coalition can do neither at present because they would lose and the SOL would nominate Maliki. 

The other way and the way they have attempted to do since the end of the elections is to convince the SOL that if they want to remain relevant, they should run Chalabi or Maudi or both as the nominees acceptable to the Sunnis,K Kurds and Turkemen and the Shia coalition. 

That way the NA would present a unified nominee/nominees that everyone could vote yes to.  A real election.  The SOL has stone walled as we know. 

They have waffled but they always come back to Maliki is our guy.  This late in the game I believe the coalition strategy has now changed and they will take advantage of the cracks in the SOL and get a re-alignment of MP’s to control this. 

I believe the decision was made today to quit trying to convince the SOL leadership of anything and to just pick them apart asking defectors to join the coalition ranks to build a majority in the NA.

 That is the hold up.  It will work but it will take a few days to maybe a week to be sure that they have the votes.

 They have let the SOL know of this plan by earlier threatening to do this in an attempt to get them to come around, and that is why Maliki went to the judges to get a court order that the SOL was the largest block.  It was his attempt to thwart this move. 

We will just have to be patient but I believe there is enough dissention in the SOL that it won’t take long.  tlar

Mally:   What do you guys make of this line.  Isnt there some more laws or at least a law that will have to address this.  I forget what the law is called sometimes referenced on dinar sites but basically it would make sure you would owe the usd equivalent for what your debt is now.

Im not doing a good job explaining this but say you owe 10K usd on a house to a bank but the loan says 10 million dinars.  How would the law allow you to still only owe 10k usd equivalent in dinars post rv?

“the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market from manipulation of traders in it. “

Mally:     law of indebtedness?  Is there such a thing?

Tlar:  Mally, You are speaking of the a part of law of indebtedness.

Tlar:  “The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country. ” Brule rules, Brule rules,  Brule rules.

HandOverFist:    So are we thinking, per the above article, that they will “raise the zeros” in Iraq only…..and not on the currency we hold?

HandOverFist:  Brule, I just get very nervous when Tlar says north of $3.50 and you post an article that says “raise the zeros”. $3.50, or anything over a dollar, seems like too much if they don’t drop the zeros. I just don’t think they would let us have that much, neither our government or theirs.

Tlar:  HOF, raise the zeroes means removing the zeroes. All that means is the zeroes will be gone.

  I have come to realize that it does not necessarily tell us the rate.  I was the biggest proponent of it meaning 86 cents for years if you remember. 

I was looking at it as a be all statement describing taking the three zeroes off of  the exchange rate of.00086 which would become .86.  But it only means the three zeroes will be gone from the exchange rate.  The new exchange rate will no longer have three leading zeroes.

 At a dollar the three zeroes are gone just as they are at any number greater than a dollar.  So deleting the zeroes does not describe nor give us really a clue as to what the rate is or if it is over a dollar.  I was wrong.

 I am now pretty sure I know the rate.  I could still be wrong but I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50.  

Remember I told you about the bank deal and how many friends I have that have deposited their dinars in this deal.  The bank promised between 3 and 4 dollars or they would simply give the dinars back. 

I have as of yesterday received some more information further refining the rate but can’t yet say what it is or disclose the rate  without getting certain people in trouble. 

I did confirm this information with another source and the numbers were the same.

 I will disclose more tomorrow at about 4 o’clock if certain things come to pass.  If they don’t I will still report tomorrow either way but will still have to remain guarded in what I say until this is all but over.

 I know I will be very happy if the rate is what I have found out.  I hope you will agree. 

We are so very close.  IMO it would take some extraordinary unforeseen event to stop this at this point.  This has been well planned out.  We are seeing the finish of this investment everyday now.  tlar

Frank:    tlar -  Regarding the process removal of zeroes – This, IMO is the most significant question facing this investment.  I have read one article posted by Kaperoni indicating that the leading zeros will be deleted from the exchange rate.

 I have read other articles stating that the zeros will be deleted from the right side of the categories of the current currency as well as references to the deleting of zeros and currency exchange that have been applied in 53 countries, including Turkey, which had six zeros deleted. 

These articles are available for anyone to read.  I, like everyone else is  hoping for the best but have to admit that until this deal goes down; the deletion of zeros process will remain a huge question. 

just a guy:   Still remember guys, you cannot take away zeros from all the denominations,..(ie,.50′s, 250′s 500′s and so on) So in saying that it will deleat anything other than the “leeding zeros” from the rate, is a mute idea.

XXXX:   deleting zeros wouldn’t remove zeros from the actually currency itself.  It would be from the nominal rate.

Just a Guy: Thats,…”what I just said”

www.currencychatter.com 

Investing.com –

Investing.com – The Japanese yen and Australian dollar were a touch stronger on Friday after consumer price data from Tokyo came in as expected.

Japan’s national CPI data for June rose 3.3% for the July core figure which excludes perishables but includes energy, in line with expectations and a 13th straight year-on-year rise, but a slower pace than the 3.4% increase in May.

Also, Japan’s June service producer price index rose 3.6%, unchanged from June.

USD/JPY traded at 101.75, down 0.06%, after the data, while AUD/USD traded at 0.9421, up 0.03%.

The Japan inflation data is a key focus in the central bank’s efforts to reach 2% sustained inflation by 2015 via aggressive monteary easing accompanied by government economic reforms.

Overnight, the dollar traded higher against most major currencies, buoyed by data that revealed first-time jobless assistance claims fell to eight-year lows, though upbeat factory gauges in Europe sent the euro taking back earlier losses against the greenback.

The U.S. Department of Labor reported earlier that the number of individuals filing for initial jobless benefits in the week ending July 19 declined by 19,000 to 284,000, down from the previous week’s total of 303,000.

Analysts had expected jobless claims to rise by 5,000 to 308,000 last week, and the positive numbers fueled speculation that the Federal Reserve may hike interest rates sooner than markets once anticipated.

While the Fed is seen closing its monthly bond-buying stimulus program likely in October, uncertainty as to how much time will pass from that point until rate hikes begin makes the dollar move on both positive and negative indicators.

A separate report showed that U.S. new home sales dropped by 8.1% to 406,000 units last month, worse than expectations for a decline of 5.3%, pointing to underlying weakness in the housing sector, which capped the dollar’s advance along with cheery European factory data.

A preliminary reading of the euro zone manufacturing purchasing managers’ index rose to a two-month high of 51.9 for July, beating market calls for a 51.7 reading. The bloc’s services PMI jumped to a 38-month high of 54.4, beating expectations for a 52.7 reading.

Private sector activity in Germany also expanded in July, with the country’s services PMI jumping to a 37-month high. The French service sector also expanded this month, but the contraction in the country’s manufacturing sector deepened.

Ongoing concerns that conflicts in Ukraine and Gaza will dampen global economic recovery weighed on both currencies.

The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.02% to 80.93.

On Friday, the U.S. is to round up the week with data on durable goods orders.

Investing.com
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Stage3alpha Forum:

(40) CRITICAL THINKING QUESTIONS FOR THE EVENING…………

Posted by EXOGEN on July 24, 2014 at 9:47pm

1.  IF THE KURDISTAN NEW BUDGET IS APPROVED HOW MANY OTHER REGIONS OF IRAQ HAVE APPROVED BUDGETS RIGHT NOW?

2.  IF THE KURDISTAN NEW BUDGET IS APPROVED DOES IT HAVE THE NEW EXCHANGE RATE IN IT?

3. IS BAN KI MOON IN IRAQ TO CELEBRATE OR IS HE THERE TO ASK IRAQ TO GET THINGS DONE? (REMEMBER HE IS THE IRAQ SANCTION FACILITATOR AND KEY MASTER)

4. HOW CAN A BUDGET BE APPROVED IN KURDISTAN AND NOT THE WHOLE COUNTRY?
….

5. DO YOU THINK KURDISTAN WOULD APPROVE A BUDGET WITH A NEW GOVERNMENT WITH AN EXCHANGE RATE VALUED AT 1/8 OF A PENNY?

6. DO YOU THINK IRAQ ‘S NEW PARLIAMENT WILL WAIT UNTIL THE DEADLINE TO NAME THE PRIME MINISTER SO PEOPLE ALL OVER THE WORLD CAN BUY RESERVES AND LOAD UP ON CURRENCY THE DAY BEFORE THE DEADLINE TO NAME THE NEW PRIME MINISTER BASED ON THE IRAQ CONSTITUTION?

7. IS THIS ALL TIED TO THE LONDON FIX RELOCATION?

8. WHY DO YOU THINK FUNDS ARE NOW MOVING VIA THE SWIFT SYSTEM?

9. HOW MUCH TIME WILL THE BRICS, MINT, & NEXT 11 COUNTRIES GIVE THE USA & IMF BEFORE THE GO LIVE WITH NEW RATES?

10. WHO DO YOU THINK ORCHESTRATED A GLOBAL FX PROBE TO CATCH ALL THE COUNTRIES INVOLVED WITH ILLEGAL CURRENCY MANIPULATION?

11. WHY DO YOU THINK COUNTRIES AROUND THE WORLD DO NOT ACCEPT USA FRN’S (FIAT) WORTHLESS CURRENCY ANYMORE & NOW DO CURRENCY SWAPS, AND HAVE CIRCUMVENTED THE USA CONTROLLED PETRO DOLLAR?

12. WHY DO YOU THINK SO MANY EMERGING MARKETS COUNTRIES ARE NOW EXITING THE BRETTON WOODS/IMF/USA GLOBAL MONOPOLY & CARTEL?

13. HOW LONG HAS VIETNAM BEEN HELD HOSTAGE TO IMF/USA/BRETTON WOODS/ SANCTIONS TO KEEP THEIR CURRENCY VALUE LOW?

14. WHY DO YOU THINK SO MANY COUNTRIES ARE JOINING BRICS WHICH IS NOT USA/IMF/BRETTON WOODS CONTROLLED AND MANIPULATED AND OPERATING AS A GLOBAL BULLY?

15. WHY DO YOU THINK THE KURDISTAN BUDGET WAS APPROVED AND ANNOUNCED SO QUICKLY?

16. HOW NICE DO YOU THINK WELLS FARGO IS ABOUT TO BECOME AND WHO DO YOU THINK AUTHORIZED AND ALLOWED WELLS FARGO TO ISSUE SKR’S ON A NON REGISTERED AND INTERNATIONALLY TRADEABLE CURRENCY?

17. WHO DO YOU REALLY THINK RUNS THE SHOW IN IRAQ AND CALLS ALL OF THE SHOTS?

18. IF THE KURDISTAN BUDGET IS APPROVED IT MUST BE PUBLIC INFORMATION NOW AND AVAILABLE TO BE VIEWED (HINT HINT)

19. WHAT HIDDEN TREASURES & GEMS LIE IN THE NEW KURDISTAN BUDGET?

20. WHAT DO YOU REALLY THINK THE DELAY HAS BEEN WITH THE RELEASE OF THE NEW (USN/TRN) ASSET BACKED NOTES TO THE GENERAL PUBLIC IN THE UNITED STATES?

21. DO YOU THINK THE NEW NOTES ARE LIVE IN OTHER COUNTRIES RIGHT NOW? (HINT HINT)

22. WHY DO YOU THINK WE NOW HAVE SO MANY TV MEDIA DISTRACTIONS?

23. ARE YOU READY?

24. DO YOU HAVE A PLAN IN PLACE FOR YOU AND YOUR FAMILY?

25. ARE YOU A LEADER?

26. ARE YOU A FOLLOWER?

27. IS YOUR EXCHANGE PLAN IN WRITING?

28. ARE YOU PREPARED FOR THE BAIT AND SWITCH & TRAPS AT EXCHANGE?

29. IF USA BANKS DO A BAIL IN HOW WILL YOU PROTECT YOUR MONEY?

30. DO YOU HAVE A BANKING RELATIONSHIP IN PLACE TODAY?

31. IS YOUR PORTFOLIO DIVERSIFIED?

32. WHAT IS YOUR USD DEVALUATION PLAN & STRATEGY?

33. IS YOUR ARBITRAGE PLAN AND STRATEGY READY?

34. HAVE YOU INTERVIEWED AT LEAST 1 WEALTH MANAGER OR BANKER?

35. ARE YOU WAITING ON A GURU TO GIVE YOU YOUR EXCHANGE PLAN AND INSTRUCTIONS FOR YOU AND YOUR FAMILY?

36. ARE YOU WAITING ON 1-800 NUMBERS LIKE THE MASSES OR DO YOU HAVE A BANK/BANKER/WEALTH MANAGER IN PLACE TODAY TO AVOID NEEDING AND WAITING FOR A 1-800 NUMBER?

37. IS YOUR LONG TERM AND SHORT TERM EXCHANGE PLAN AND STRATEGY IN PLACE?

38. WHICH CURRENCY WILL YOU EXCHANGE AND WHICH WILL YOU HOLD BASED ON YOUR ARBITRAGE PLAN AND STRATEGY?

39. WHAT TYPE OF BANK ACCOUNT WILL YOU EXCHANGE INTO FIRST?

40. WILL YOU TAKE STREET RATES OR CONTRACT RATES?

Nadita File – 07/24/2014 – Brought From Dinar Daily

Good evening everyone, thanks for watching Nadita File where the spin starts here Smile

Plane Shot Down/Ukraine Crisis : Chess reported live while ducking the rockets from Donetsk, US says Russia firing artillery across border at Ukrainian military. State Dept says there is evidence Russia plans to deliver more rocket launchers to rebels in eastern Ukraine.

EU proposes ban on EU investment in Russian debt, shares in state-owned banks. Also adding 15 people, 18 firms to sanctions list, may bar arms export to Russia.
~~~

  Israel – Gaza Showdown : Bumper64 doesn’t know what to think about he said, she said going on between Israel and Hamas over rocket landed in Gaza compound containing UN school.

At least 15 dead and 200 wounded. Hamas says they were killed by Israeli tank shells. Israel says Hamas rockets landed in the area.

Wiljor thinks it’s still risky for Delta and American Airlines plan for trips to Israel tonight after FAA lifts ban on commercial flights to/from Israel. EU aviation safety agency keeps warning on flights to Tel Aviv.

Other News : Billyo0 feels bad for the families of Air Algerie flight that went down, killing all 100 passengers and 6 crew. Burkina Faso team says wreckage of Air Algerie flight from Burkina Faso to Algiers found in northern Mali. Our prayers to the families who lost their loved ones. May God give them peace and grace in this difficult time.

Thriver can’t believe State Dept’s global database for issuing travel documents crashed. There will be major delays for millions of people waiting for passports and visas. Genx4me is glad she got her passport already and hopes you are not one of those millions people waiting for passports.

A-J516 made a list of what’s been happening since Pres. Obama in the office :

Gold prices grow by about 50%, trading at $840 per oz in January 2009 vs $1,290 now.

 Copper is up over 130%. The minimum wage was $6.55 per hour when he took office. The first increase was in July 2009, when it increased from $6.55 to $7.25/hour.

 Minimum wage has not increased since 2009 at a national level.

 Unemployment rate was 7.8% in January 2009. In October 2009, unemployment spiked to 10% – the highest level of this administration.

During his administration, unemployment breached 8% for the first time in almost 25 years. The current rate is 6.1% which I think its’ way too low and not the correct number.

Gas prices have almost doubled since Pres. Obama has been in the office.

The EIA national average for a gallon of gas was $1.85 when he took office in 2009. The current average is $3.59 per gallon, an increase of 94%.

 Pres. Obama’s first term saw the biggest monthly job loss since October 1949 when 834,000 jobs were lost. In March 2009, 826,000 jobs were lost.

There have been 45 consecutive months of jobs growth, from November 2010 through June 2014.

 The S&P500 is up over 130%, Nasdaq is up almost 200%. The US dollar has lost 15% against the British pound, but gained 13% against yen.

WTI crude oil prices have gone from $43/barrel in January 2009 to about $102.

Pres. Obama on tax inversions says it’s neither far nor something good for us long term. He says, we can make headway in closing loopholes without raising rates.

 Go4profit predicted $19.5B in tax revenue could be lost over next 10 years. Federal Reserve has properly focused on unemployment which is always bullish on the US. Economies of Europe and Russia are intertwined.

 FAA decision not based on politics or relationship with Israel. Housing market is recovering, but not as quickly as we like to see.

The bull slipped 3 points on the slippery slope today. Stocks closed mixed, S&P500 ekes out new record, earnings, econ and international crises still in focus.

 S&P hits 27th record close this year, 3rd straight intraday high, Nasdaq 100 hits 14 year high.

Riverbed Technology (RVBD) Q2 profit and revenues miss expectations but Q3 can see profits above street view. The stock went up 2%, closing at $18.30 today.

Deckers Outdoor (DECK) Q1loss of $1.07 narrower than expected on revs of $212M. The stock gained 5.75% trading today.

Captl1 sees opportunity as Amazon sinks 10% after hour trading due to earnings. June new home sales down 8.1% to annual rate of 406K vs consensus of 475K.

May’s reading revised significantly lower, 442K vs initial 504K. Pandora Q2 profits beat by a penny on revenues of $219M, sees slowing subscriptioin sales growth, stock was down 11% today.

Walmart announces the departure of Walmart US CEO Bill Simon, Asia head Greg Foran to take over. Stock is unchanged today. Jobless claims down 19,000 to 284,000, the lowest level since February 2006. 4 Week moving average down 7,250 to 302,000.

From Dinar land : Sandfly with his deadly weapon, Tbombs has succeeded in destroying the alien’s beehives and putting more worker bees to sleep forever.

Vietnam1969 reported residents in Tuz Khurmatu fought back and pushed ISIL out of their town. They know they are risking their lives but it is a sacrifice they are willing to take to combat the terror and tyranny that ISIL represents.

More and more Sunni tribes are turning against ISIL in northern provinces.

 Goldie girl read UNSC Ban Ki Moon met with grand Ayatollah al-Sistani in the holy city of Najaf. Moon praised Sistani for his call to peace and unifying Iraq according to its constitution.

He also met with Maliki and stressed on the importance to fight against terrorism. They discussed about refugees and what can be done to help thousands of people who are displaced from their homes.

 UN considers ISIL committing crimes against humanity. Nannab is tickled to learn it’s official Fouad Massoum is the President of Iraq. He is a senior Kurdish politician.

This is the 2nd step in forming the government. The third and last step is to elect a Prime Minister which by law parliament now has 30 days to elect a Prime Minister which position was held by Maliki for two terms. Maliki’s party won the majority seats but there has been local and international pressure to form an inclusive government following the ISIL crisis.

 Rodandstaff cheers on Jubouri, the House Speaker as he takes the bull by the horn, and pushing through for the election of President to form the unified government, they look forward for the important election of Prime Minister and hope the new government will bring unity to face terrorism and Iraq, once again rise above and be a player in the world economy.

So who will be the next Prime Minister? Will it be Chalibi or Mahdi? The lucky card could be picked by Chalibi 

From Rumor land: Tlar says Jubouri has played the card correctly and Fouad Massoum is the President elect to serve Iraq and in the process of electing his VP’s which will be a Shiite and Sunni, then by law he has 15 days to nominate the Prime Minister.

Tlar believes the nomination of PM could be done later today or tomorrow. No word yet about Maliki’s resignation nor budget approval . If all is good, this will be over soon.

Mt. Goat says two down, one to go. If it’s successful with the PM nomination and election, we will be in excellent window to finally see the internation rollout of the IQD.

From the desk oassoum is the President elect to serve Iraq and in the process of electing his VP’s which will be a Shiite and Sunni, then by law he has 15 days to nominate the Prime Minister.

Tlar believes the nomination of PM could be done later today or tomorrow. No word yet about Maliki’s resignation nor budget approval . If all is good, this will be over soon.

. From the desk of Stryker believes it’s matter of days and not months.

 Adam Montana says if Iraq were to rv too soon, they could severely sabotaged their ability to maintain a new rate, and that wouldn’t be good for anyone.

BGG says Massoum has 15 days to elect PM and that falls to August 5th.

Tim724 says the committee is required to submit its report on the budget within two weeks from the date of its formation.

The spin stops here Smile send your comments to #naditafile, Dinar Thug is next, good night everyone Smile

Stage3Alpha:

G T July 24, 2014 at 2:18pm WHEN Will They Announce the NEW PM that’s been appointed??? This confirms to me the GOOD OLE’ USofA is STILL Pulling the Strings on this RV!!! How long do we have to wait…..

Brandi > EXOGEN July 24, 2014 Exo in your opinion will it be announced after the return of parliament on 8/5 or before ?

EXOGEN July 24, 2014  Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes

EXOGEN July 24, 2014 NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS
….

*************

Guesses to Exogens Picture clues 3:51 PM EST:

Mellon > EXOGEN July 24, 2014 Offly quiet out in intel land. Sources have gone dark.

*******

Vinman July 24, 2014

Looking for Santa.

Waiting for announcements

We are in the dark but the light at the end of the tunnel is getting brighter.

Watch for gold and silver to rise.

Getting all their ducks in a row for exchange.

Watch closely for Ban Ki-Moon (Secretary General United Nations)

********

G T July 24, 2014 at 4:59pm

So the Clues…….We’re Waiting for the PM & RV Announcement (but we’re looking thru a Telescope to find Santa.
Getting their “DUCKS IN A ROW”

Look for Gold & Silver Price Changes

The UN General (Ban Ki-Moon) is requesting a quick PM announcement for the Global Reset to go Public (many countries are PAINFULLY WAITING)!!!

********


omegaman >  July 24, 2014 the key has entered the lock, now we just need two more; FOREX; TRNS…

*******


G T July 24, 2014 As of Right Now……Iraq has approved their Budget???

*******


Mr. Chen July 24, 2014 PUK has a budget that is approved right now. I read that article just a little bit earlier. :)     http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D2918089

*******


G T July 24, 2014  New Clues……Right Now Oil & Bonds are being Traded & Sold with Digital TRNs???

********


TNT $EAN > EXOGEN July 24, 2014 New Treasury Reserve Note. TRNs are live

*******


DKC: 800 Numbers are ready……..

******************************

TNT:

Island Dancer:  Bank Tidbit….These past few weeks I have noticed signs popping up in Chase banks promoting their Private Client service. And bank personnel have even approached me and other customers to let us know that they offer that service. I have never before seen them fishing for Private Client customers like this. Hmmmmmmmmmm.

**

ASN:  IMO… The GOI has been seated, they know who the PM will be and that persons has already been making decesions regarding his cabinet! Its just the formal announcement of the PM! We are 24-48 hours away from the formal announcement and the RV! The UN Chief Mr Moon is in Iraq now and is there to formally greet the new PM.

********************************

KTFA:

aggiedad77 » July 24th, 2014, I saw on the Fox News ticker tape banner at the barber shop just a bit ago that the new Iraqi President has really positive relations with both the Sunnis and the Shiites…..sounds like they could be off to a good start….some positive step for now any way….pray that it continues to improve for them in the coming days as well.    Randy

*******

scarlet2575 :ONLY GOD KNOW’S VET_1975 WHAT THE CBI IS WAITING ON . IF THIS GOES INTO AUGUST, SEPT MY MIND BOGGLES.

*******

AZ Prof:  According to the CBI, they are waiting on security and stability. I personally believe that a full, seated, unity govt is essential to that. M never sat the whole govt. Then he quickly got rid of certain Sunni’s such as Hashimi.

*******

RichieC :I believe Ban Ki Moon visiting the country is a very positive thing for us and the timing is very telling. Don’t forget, it wasn’t that long ago that we thought the UN was controlling the ultimate ability to release a rate. Could his personal visit have two purposes?

One purpose being the need to interview the important partners in Iraq and the other being his own inspection of how things are going there.

Think about this: If this guy (Moon) can get around the country safely and it appears that the political machine is moving satisfactorily,

this could be all the proof he needs to consider releasing them from CH8

(if he has that power, of course).

Stage3Alpha:

G T July 24, 2014 at 2:18pm WHEN Will They Announce the NEW PM that’s been appointed??? This confirms to me the GOOD OLE’ USofA is STILL Pulling the Strings on this RV!!! How long do we have to wait…..

Brandi > EXOGEN July 24, 2014 Exo in your opinion will it be announced after the return of parliament on 8/5 or before ?

EXOGEN July 24, 2014  Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes

EXOGEN July 24, 2014 NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS
….

*************

Guesses to Exogens Picture clues 3:51 PM EST:

Mellon > EXOGEN July 24, 2014 Offly quiet out in intel land. Sources have gone dark.

*******

Vinman July 24, 2014

Looking for Santa.

Waiting for announcements

We are in the dark but the light at the end of the tunnel is getting brighter.

Watch for gold and silver to rise.

Getting all their ducks in a row for exchange.

Watch closely for Ban Ki-Moon (Secretary General United Nations)

********

G T July 24, 2014 at 4:59pm

So the Clues…….We’re Waiting for the PM & RV Announcement (but we’re looking thru a Telescope to find Santa.
Getting their “DUCKS IN A ROW”

Look for Gold & Silver Price Changes

The UN General (Ban Ki-Moon) is requesting a quick PM announcement for the Global Reset to go Public (many countries are PAINFULLY WAITING)!!!

********


omegaman >  July 24, 2014 the key has entered the lock, now we just need two more; FOREX; TRNS…

*******


G T July 24, 2014 As of Right Now……Iraq has approved their Budget???

*******


Mr. Chen July 24, 2014 PUK has a budget that is approved right now. I read that article just a little bit earlier. :)     http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D2918089

*******


G T July 24, 2014  New Clues……Right Now Oil & Bonds are being Traded & Sold with Digital TRNs???

********


TNT $EAN > EXOGEN July 24, 2014 New Treasury Reserve Note. TRNs are live

*******


DKC: 800 Numbers are ready……..

******************************

TNT:

Island Dancer:  Bank Tidbit….These past few weeks I have noticed signs popping up in Chase banks promoting their Private Client service. And bank personnel have even approached me and other customers to let us know that they offer that service. I have never before seen them fishing for Private Client customers like this. Hmmmmmmmmmm.

**

ASN:  IMO… The GOI has been seated, they know who the PM will be and that persons has already been making decesions regarding his cabinet! Its just the formal announcement of the PM! We are 24-48 hours away from the formal announcement and the RV! The UN Chief Mr Moon is in Iraq now and is there to formally greet the new PM.

********************************

KTFA:

aggiedad77 » July 24th, 2014, I saw on the Fox News ticker tape banner at the barber shop just a bit ago that the new Iraqi President has really positive relations with both the Sunnis and the Shiites…..sounds like they could be off to a good start….some positive step for now any way….pray that it continues to improve for them in the coming days as well.    Randy

*******

scarlet2575 :ONLY GOD KNOW’S VET_1975 WHAT THE CBI IS WAITING ON . IF THIS GOES INTO AUGUST, SEPT MY MIND BOGGLES.

*******

AZ Prof:  According to the CBI, they are waiting on security and stability. I personally believe that a full, seated, unity govt is essential to that. M never sat the whole govt. Then he quickly got rid of certain Sunni’s such as Hashimi.

*******

RichieC :I believe Ban Ki Moon visiting the country is a very positive thing for us and the timing is very telling. Don’t forget, it wasn’t that long ago that we thought the UN was controlling the ultimate ability to release a rate. Could his personal visit have two purposes?

One purpose being the need to interview the important partners in Iraq and the other being his own inspection of how things are going there.

Think about this: If this guy (Moon) can get around the country safely and it appears that the political machine is moving satisfactorily,

this could be all the proof he needs to consider releasing them from CH8

(if he has that power, of course).

LONDON – As major Western companies pull their employees out of Iraq, adventurous British entrepreneurs are eyeing Kurdistan as a golden opportunity. While there are scores of bombings in Baghdad, Kurds living in the only peaceful part of Iraq are busy buying cars.

“Range Rover’s Vogue model is sold out,” British expat John Downe tells a crowded room of business people gathered at the London offices of British Expertise, a not-for-profit international British business organization. They recently hosted a workshop on doing business in Kurdistan, with members of Kurdistan’s British business community providing insight about the local market.

Downe is spreading the gospel that for pioneers ready to take a bit of risk, there could be gold in the hills of Kurdistan. After several years living in Bahrain, Downe visited Erbil two years ago, where he discovered an opportunity to in hiring out serviced offices.

“ I walked the streets, I talked to a lot of businesses, accountants, lawyers and so on and it was clear to me there was a huge market gap. There’s not much quality office space available and certainly nowhere where you can walk in and just start work immediately.”

A lease is a legal requirement for registering businesses in Kurdistan, so even small offices are necessary. Downe says typically, local landlords require a year’s rent paid up front, which is why his serviced offices with flexible contracts make better sense for foreign firms.

“We’ve got 26 offices, six are occupied and a lot of them are virtual office clients. Some are there just for registration purposes; others are working abroad and will convert to a fully-serviced office in due course.”

Downe cites impressive GDP numbers for Kurdistan: an increase of 12 percent in 2012, and up 8 percent last year. Consumer demand is on the rise, and hotels are occupied. That kind of growth, coupled with laws allowing 100 percent foreign ownership is part of the attraction. Architect Jonathan Wilson works for a multi-disciplinary design firm with offices around the world, but none in Kurdistan – yet.

“I’m very interested in developing parts of the world where countries are trying to do something different or investing in social infrastructure. We see that as an opportunity. I’m also interested in knowledge transfer, working with people who are trying to learn new skills. What’s unique about Kurdistan is the sense of identity in the emerging nation, so it sounds very inspiring.”

But the panel’s insider knowledge helps Wilson remain realistic about potential pitfalls.

“There are some quality issues in construction,” Wilson told Rudaw. “We design buildings with an expectation that construction workers can translate what we draw and that may not be the case. In the Middle East, there’s been 30-40 years of Western construction, so if you look at the buildings they’ve put up in Dubai and Qatar, they can build very sophisticated buildings, albeit with a little external help. What I’m seeing in Kurdistan is things need to be a little simpler and adapted to local capability, but that’s not a problem; it’s interesting.”

Downe also warns about Kurdistan’s basic banking system, suggesting entrepreneurs maintain foreign bank accounts and come prepared for a mostly cash society.

One of the pros, Downe says, is Kurdistan’s pool of labor. With a young Diaspora from the UK, France, Germany, Sweden and the Netherlands, Western-educated and multi-lingual staff isn’t hard to come by.

But for many, the real obstacle is separating Kurdistan from the rest of Iraq.

Kurdistan’s government representative to the UK, Bayan Sami Abdul Rahman, is upfront about the tendency to lump Kurdistan with Iraq.

“The challenge of being part of Iraq has always been there. One of the main reasons we encourage British companies to visit Kurdistan first, is so that they can see for themselves it’s peaceful, with a booming economy and stability. It’s very hard to get people to invest in something they know very little about, so we encourage people to start by coming here to trade first.”

Rahman says the environment could be lucrative for project management and design engineering firms to help further Kurdistan’s infrastructure development.

Erbil’s international airport, Rahman told Rudaw, is a good example of a British design engineering company successfully partnering with a Turkish company to build it.

Downe is optimistic other intrepid Brits will follow his lead. He has established the British Business Group in Kurdistan and already has 50 members. Now, Downe says, if only someone could build an affordable, sociable and sizeable swimming pool in Erbil, he could really sell it.

LINK