Frank26:  Yes ……… The article is phenomenal but more telling is the …….. Timing.

Iraq issued new coins of high security specifications
http://mawtani.al-shorfa.com/ar/articles/iii/features/2014/04/23/feature-01

IF…….. There was NO rate change coming in the near proximal future then why RISK moving Talabani to Kurdistan so he can celebrate with the Kurds the announcement of NEW COINS and LD’s with the Kurd language on it?

Because it is called ………… Timing.

As a TEAM we count 17 things sitting on a Time Table……… Waiting for the new IQD rate to be released by the CBI.

If I had a friend by the name of Phil he would tell me the fils also wait.

So yes…………. I love the FACT that they brag about this subject.

So does …… Iraqia TV.     KTFA,  Frank
….

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

whatever :  I didn’t think these coins were lower denoms yet so I confess I glossed over this one. What do you see her Mr. F26?

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

Frank26:  A coin is a fil percentage of a whole dinar.

Logic says that if they introduce the shoe laces then they have indirectly introduced …….. The Shoe.

KTFA,  Frank

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

iggy >  “Issued“…past tense…already done…

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

Frank26:  Or as Bam Bam would say ……… DONE DONE !!!


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

Shade : Here is a snippet from this article:
“”The new currency, which started offering small ones for trading not much different from the currency currently in circulation ….”
Does this mean they’ve started using certain new denominations already?
Maybe 250, 500 and 1000 which do not necessarily require a value change at this time?

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

Frank26:   NO!!!   Nothing NEW nor coins nor LDs have been introduced physically yet.

EDUCATION ……… Educating the masses for a product or idea or in this case an RV of the IQD is tremendously costly and ……… TIME CONSUMING !!!

KTFA,  Frank

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

prophecy:Why are they printing more 000 notes?

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


Frank26:  I saw a similar qt on the last thread about brokers selling ….ect.

Answer:If You knew that an H-cylinder of O2 was about to be delivered to You ………… Would You stop breathing until it arrived?

No.  Status is ……… Quo.

In other words ………. The existing state of affairs is MY affair ……… Not speculation.

Hence ………. CBI keep printing 000 until LDs and coins come out.

Why?

Inventory……… Electronic credit …….. Worn and torn replacements ……… Stolen or destroyed……. ect.

KTFA,  Frank

4-23-14 Iko Ward: WF info as of 04.22.04. Spoke to my wealth manager. I went in to set up my primary VNN and IQN accounts instead of waiting for the appointment.

I asked her direct questions about the exchange. They have had meetings. They will only be doing retail level exchanges at our area currency exchangers (4 locations. I am NW of Philadelphia).

I will be passed on to the WF Private Banking subsidiary after my initial exchange. She knew nothing of contract rates.

I will still have my everyday money at the local branch. She asked how much I had. I told her it was best not to answer. This was all she was allowed to say.
~~~

  What was different this time is she was rehearsed, no hesitation, clearly there has been some training and since she is on the fast track in their wealth management division she was towing the line.

She also told me the guy I had been dealing with on the next level up would tell me the exact same thing, and that he was being promoted.

I take all this as simple evidence of the pending event. All of us, me included, go through the worst case scenario, but conversations like this help me stay level headed.

Whatever bozo said something about two years this week pushed my buttons, but then I went down my checklist of how does that make sense? (a permanent saying now in my list of ten things to say) which always calms me down.

I still plan on the international rates, but have also planned scenarios for the contract rates. Whatever the case, I am wealth

4-23-14 wmawhite: There are articles out today suggesting that the new secured currency is being issued.

Quote: “We are replacing the old currency with a new one be of the characteristics of high quality in terms of printing and the inability to forge and tampered with.”

He pointed out that the procedure, “will give the Iraqi dinar a large force in front of the rest of the other world currencies, as well as the ease of carrying and trading groups yellowed cash in banking transactions and the buying and selling and monetary exchange.”

This great news!!!  For this currency to “work” there needs to be a change in the value of the IQD.

IMO, Iraq wants to make a big splash…get the world’s attention…a float that you are dependent upon the world doesn’t get them there quickly, IMO…the CBI is telling us so much.

The only thing they are not telling us is how much. From their action they are doing things that indicate now. 

I am of the opinion that when the CBI make a change in the value of the IQD they will wants to leverage as much of it as possible…starting at 1166, or 1000 or anything less than a $1 to 1 IQD gets them nowhere on the world financial stage.

(Are you in agreement with rk and bgg that it should go before elections?) My opinion is that this is a financial event, not a political event.

When the CBI does this in conjunction with the IMF/WB it will be based on their calendar not Iraq’s election calendar, IMO. It can happen before, after, it doesn’t matter, IMO.

KTFA:

fulcher66 :  the lava flow is building momentum!!!!!!!!!

***********

Frank26:  Noticed ………. Did You?  Do You feel the intense Heat that it radiates to Your skin?  Is the air Hot as You inhale deeply?

Do Your eyes find a need to squint in order to reduce the scolding Flames?

Can You hear the crackling sound of Fire and Change?

Then Yes Friend ………….. IMO too ……….. It collects momentum !!!

Amen x 3.  KTFA,  Frank

**

Iraq issued new coins of high security specifications   04/23/2014 Khaled al-Tai of Baghdad

Examines the Iraqi currency cash before it is used in a shop in Baghdad in 2008. Iraqi Central Bank announced for signs of a new security to prevent forgery of the local currency. [Ali Al-Saadi / AFP]

Iraqi Central Bank announced last week for printing new bank notes contain signs of additional security make it difficult to counterfeit or tampered with.

Iraq is considering the restructuring of the national currency

Central Bank announces increase cash reserves to 42 billion dollars
Iraqi Central Bank to take measures to regulate currency exchange
The Director of Treasury at the Central Bank Ihsan Shomran Yasiri to my home that the CBI re-printed paper currencies of small denominations (250, 500 and 1000) dinars, and also large groups (5, 10 and 25) thousand dinars. “

“The new currency, which started offering small ones for trading not much different from the currency currently in circulation among the citizens in terms of shape, but it provided the technical specifications more efficient and safer as contained signs of security and properties of many technical make currency a longer lifetime and are difficult or impossible to falsify.”

These include security tags added security thread, a colorful stripe width of one millimeter small cash currencies and four millimeters of large, colorful filaments are visible and the other does not see only through the use of detection devices, according to what he said.

Add to sign a sophisticated, high-quality know Balspark in place in several countries of the world, according to Yasiri.

He Yasiri that these features will contribute to enhancing the protection of Iraqi funds from counterfeiters and manipulators.

He noted that “some of the long-counterfeiting coins currently in circulation of large groups very poorly and can be detected easily with him and even without the need to pass on currency forgery detectors.”

To enable citizens blind and visually impaired circulation of the new currency and excellence, it contained a prominent signs or protrusions. It was also repainted and a protective material to prevent damage due to continuous trading them, according to Yasiri.

“The Age of the supposed global currency paper between three to five years, and the Iraqi currency currently in force extends life for about 10 years and has become a lot of categories, particularly small and old outdated.”

A GRADUAL PROCESS OF REPLACING


Yasiri said that the total value of banknotes will be printed at around five trillion dinars (4.3 billion dollars) will be pumped circulation categories used instead of gradually.

He pointed out that “put the new currency will not eliminate the cash currently rolling paper, where work groups will be created alongside the old.”

Indicates economic expert on behalf of Jamil Antoine to reprint the Iraqi currency after several years developed was a “prerequisite”.

To my home and said that “a lot of groups exposed to the current monetary consumption, and it was necessary to work on the refurbishment with the addition of features that are able to effectively currency with greater resistance to the continued use of her and also attempts to warping.”

Antoine explained that there are a lot of techniques and modern labels that have been introduced in recent years in the world to fortify the currency of fraud and manipulation.

He believed that it is necessary to increase awareness of the characteristics and specifications of the new categories of cash and the statement of the importance of re-printing the currency and encourage circulation.

In turn, welcomed member of the Economic Committee in the House of Representatives MP Ibrahim stirrup step the Iraqi Central Bank, and considered the process of renewal of the currency is a good step towards the achievement of monetary reform.

The stirrup to my home, “We are replacing the old currency with a new one be of the characteristics of high quality in terms of printing and the inability to forge and tampered with.”

He pointed out that the procedure “will give the Iraqi dinar a large force in front of the rest of the other world currencies, as well as the ease of carrying and trading groups yellowed cash in banking transactions and the buying and selling and monetary exchange.”

http://mawtani.al-shorfa.com/ar/articles/iii/features/2014/04/23/feature-01

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


Frank26:   You know KTFA Family ………. When I saw this article this morning I said Hmmm……… Blue Post?

“Iraq issued new coins of high security specifications…..”Then I said ………. First lets see how many post on this article.

Hmmm… Again.

For now ……… I will simply repeat what I said to myself when I said this article today ……… Amazing ….. Amen.    KTFA,  Frank

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

iggy » April 23rd, 2014    ”Issued”…past tense…already done…

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

jdtolle » April 23rd, 2014, Positive alternatives

The more you focus on any possibility, the more power and substance you give to it. It is by giving your persistent attention and energy to the possibilities that you make them real.

The same dynamic works for both the desirable and the undesirable possibilities. Whether you strongly fear or strongly desire, the power of your unrelenting attention will work to create whatever you focus upon.

Choose, then, to make your focus a positive one. Instead of living in fear of the bad stuff, live with a persistent desire and appreciation for the good stuff.

Be sincerely thankful for the goodness you already have, and your gratitude will create even more. Imagine in detail how your world can be a better place, and your time and energy will go toward making it so.

Not only does fear itself bring you down, it also enables you to bring yourself down. Avoid all that not by avoiding your fears, but by turning your attention to their positive alternatives.

Your attention has great power. Remember always to focus that power in a desirable direction.

— Ralph Marston   Wishing All a Safe and Blessed day

Kaperoni The CBI is following the directive of the IMF…and that will be a gradual appreciation of the dinar. And once they open the market economy and capital account, the dinar should rise fairly quickly based on the IMF’s own statement..the Balassa-Samuelson effect. Give it a bit…remember the Iraqi’s need a currency they can appreciate and be proud of and use while the dinar rises. Using the dollar is not an option.

 

Kaperoni Article: “Iraq issued a new currency with a high security specifications” Looks like the new dinar is already starting to circulate. This announcement validates two things, the dinar will rise gradually (no RV because reprinting these notes makes no sense then) and their is no redenomination (LOP) again makes no sense to reprint current denominations. This “only” makes sense in a gradual appreication or float in which these notes can be used by the citizens while the dinar appreciates and a slow transition per the statement…”will give a great power of the Iraqi dinar against other world currencies”

 

Kaperoni Article: “Iraq issued a new currency with a high security specifications” Looks like the new dinar is already starting to circulate. This announcement validates two things, the dinar will rise gradually (no RV because reprinting these notes makes no sense then) and their is no redenomination (LOP) again makes no sense to reprint current denominations. This “only” makes sense in a gradual appreication or float in which these notes can be used by the citizens while the dinar appreciates and a slow transition per the statement…”will give a great power of the Iraqi dinar against other world currencies”

 

American Contractor Article: “Iraq Central Bank invites JP Morgan Bank to open branch in Baghdad” The Iraq Central Bank has sent an invitation to the JP Morgan Bank to open a branch in Baghdad. This is preliminary and we will see what develops. Great News!

 

    [fishheads] millionday the oilfield is like baseball they count everything!!!!!

    [millionday] i would say so but she was saying they are unreliable

    [andrewjwhitted] Every drop… is money

    [millionday] only new piping actually is reliable — so that is the difference in the pipe lines for export being told to be all new and the counters in — but the old prodcution lines could be off

    [millionday] so that makes even more sense for this discussion  big high five for andrewjwhitted on the oil line input  –  brb with more

    [andrewjwhitted] Now the old pipes maybe be fine… you can add a meter And put up a fence
~~~

     [millionday] here we go with more on it

    [millionday] The leader of the Kurdistan Alliance and the Second Deputy Speaker Arif Tayfur, reached the Kurdistan region and the central government reached a tentative deal with the problem of the export of oil, noting that the joint committee will oversee the Toronto-Iraq oil exports.

And the transfer of the official website of the Kurdistan Democratic Party for Tayfur as saying that “Baghdad had agreed to form a committee to oversee the entire Iraqi oil, but no final agreement yet.”

    [millionday] note — so Baghdad has agreed to form the committee

    [millionday] “He reached the province and Baghdad to reach a preliminary agreement to the problem of oil between them, but there remained some important points are talks on them,

explaining that the remaining points of the mechanism of supervision of the new Committee on Export.” He went on to say “probably not reached a final agreement,”

adding that “the agreement will not be final before the start of the election, which will resume the talks between the two sides after the election.”

    [millionday] note — this is very interesting

    [millionday] In a related context, said Turkish Energy Minister Taner Yildiz that they “will issue approximately 2.5 million barrels of crude oil storage tanks located in the port of Ceyhan in Turkey even if it did not agree with the Kurdistan region of Baghdad.”

 The quartet headed by First Deputy Speaker of Parliament Qusay al-Suhail, has visited Erbil in the past few days, but without reaching an agreement to resolve the problems related to the budget of the region and resolve the dispute with the government around the center

    [millionday] note — this is very huge for Turkey to state

    [millionday] “will issue approximately 2.5 million barrels of crude oil storage tanks located in the port of Ceyhan in Turkey even if it did not agree with the Kurdistan region of Baghdad.”

    [millionday] here is the last of the report — translated better for us  – an explanation

    [millionday] Sources in Arbil, about a proposal by the Kurdistan Regional Government to the delegation of the Quartet, to form the federal government in Baghdad, a technical committee, of neutral experts assume the verification process of the potential of each province or territory oil producer,

about the amount that could be exported, and not produced only, because the production is export, and that this proposal will be binding on the Kurdistan if the Committee approved, as required every oil-producing provinces in Iraq,

 in order to get rid of all of the assumptions and preconditions on the amount of what comes out of the oil, did not respond Baghdad after this proposal.

    [millionday] ok now that makes much better sense  hard translations sometimes

[andrewjwhitted] Every drop counts

    [millionday] so the change is WHAT THEY CAN produce — not a set amount they must[millionday] so that the budget on mostly oil can be more accurate —

    [millionday] and the predicted amount can be determined etc — as in a whole nation  smile  make sense ?  so does anyone have something they would like to show us ?

    [awesomedtl] Id like to show you that my bank account needs more funds added lol

    [clay] awesomedtl lol

    [LLN65] lol

    [Smokey Mtn. Dinar] Mine too!  lol

    [kimberly1] awesomedtl Mine too! LOL

    [MsDiva] lol

    [awesomedtl] man!!! lets make this happen!!

    [sczin11] millionday i went to western union website- made believe i was sending money from USA to IRAq- put in $100- a note came up saying 1 usd is = to 1153. dinar- seems weird that they will accept this and send it, if not world tradable, never mind NO RV??

    [millionday] they have been sending there hun but — they have not sent out

    [millionday] let me go look — i actually was an operator years ago for western union — one of my first jobs as strange as that is  brb

    [sczin11] millionday ty

    [awesomedtl] ITs just amazing that the supposedly need this so bad yet here we are still trying to figure out what is gong on! I havent read rt yet but by looks of last few articles with the non oil agreements and prolly not getting them done before elections,,,, we will be here for a while longer,,,, Im open to a correction!!!

    [millionday] i am trying to send from a location of iraq out to us — wont allow it

    [sczin11] ajay214 i the dealings of DC and DT are very diff from western union- the dealers are getting the dinar from various banks and exchanging our dollar for them- with western union, it is general public sending international

    [millionday] awesomedtl i will be glad to

    [millionday] sczin11 hold that and bring it back when i am done with this please — would like to address as well hun

    [sczin11] millionday oh, so that is what we are going to hopefully see soon? iraq-us transfers and iraq to resgt of the world..ty

    [BGG] awesomedtl – be sure and tune in for my commentary late this afternoon. It will be on THE BLOG.

    [awesomedtl] THank you!! it seems like we are so close yet tend to wonder if we really are? By no disrespect to you at all I totally am so grateful of your time input and all your efforts Im so glad you are who you are for this community!

    [pinklady] Thanks millionday…my thoughts were headed in same direction as awesomedtl.. I so thought this would be over by now.

    [BGG] BBIAB

    [millionday] awesomedtl the thing is this —-the GOI has been told by the World Bank and the IMF to leave CBI alone in their job because they are a separate entity — so this week –

CBI Turki himself has addressed that he is moving forward due to the demand i would assume by the IMF to move on demands from washington meeting — (in ink) —with the economic reform — so ,

    [millionday] the thing with the economic reform is that it has many parts — banking reform and monetary reforms etc — however — the announcement stated that they are going to move forward with international projects as the funding for the private banks —and the US of A made a commitment to be a huge part of that promoting –

    [millionday] the response from goi was CBI needed to bring the step before parliament — but of course they dont because it is their job —

    [awesomedtl] millionday *kiss* thank you for that !! and you still think that the cbi could do this before elections!? Im not asking for a date or rate just what do you think? honestly….. as time gets closer are you still in the belief?

    [millionday] so now we see a huge hustle to get the figures right for budgeted projects within Iraq and a demand that all private banks to be listed on the market and complete what they need to do — some say that is a hold up — i say no

    [millionday] awesomedtl awesomedtl they can do it at anytime – they can set the rates and the value at anytime they would like

    [millionday] the thing is this  – this is very huge and will they or is this added pressure from CBI to get the budget done or miss some opportunities etc –

    [kimberly1] I haven’t seen any ink going against a reality rate only leaning heavily toward it. The negative-ish ink seems to all be political and even that doesn’t seem very negative really.

    [kimberly1] only negative if you are M that is

    [awesomedtl] million thank you for that insight love ya babe

    [millionday] i agree — the CBI news — as we should look at the money —- is all very very encouraging and the step to open the exchange house accounts and also to bring in the international banks expansions for the release to the globe and

    [millionday] the fact that in the statement made by Turki stated that this move is all to set the permanent exchange rate for the dinar — is all very encouraging  – smile

    [millionday] have a great day and i will see you at 730 est for newstime

http://www.dinarupdates.com/showthread.php?13638-Millionday-Roundtable-4-23-14

Millionday Article: “Announced the Finance Committee in the Iraqi Council of Representatives, that the Council will resume its sessions in the sixth month of May next to approve the budget bill for fiscal 2014.” so as we see here they are going to meet about the budget on may 6th after elections for the budget… CBI is a separate entity so with the many announcements of them moving forward with economic reform with international investment they would be pressured into also activating their own projects