By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. 

The United Nations Security Council (UNSC) has agreed to lift sanctions imposed on Iraq when the country invaded Kuwait 27 years ago.

The Iraqi Foreign Ministry said Dec. 9 the country had completed its obligations under the sanctions, which were imposed in 1990 when dictator Saddam Hussein invaded Kuwait. The UNSC levied the penalties after naming Iraq a threat to international security and ordered it to pay reparations to states and other parties that suffered as a result of the invasion.

Some 27 years later, Iraq is still suffering the effects of the invasion. Hisham al-Rukabi, the head of Vice President Nouri al-Maliki’s press office, told Al-Monitor that the Iraqi people welcomed the recent UN decision.

Saad al-Hadithi, the spokesman for Prime Minister Haider al-Abadi, said the move is “an important event in Iraq’s recent history and the closing of a painful [age] that lasted a long time, during which the Iraqi people suffered reduced sovereignty as well as political and economic sanctions that damaged the country’s institutions as well as individuals.”

Lifting the sanctions, he said, “will make Iraq more able to develop and achieve prosperity for its citizens, and restore the world’s trust so it can deal with Iraq as a fully sovereign nation.”

He predicted the decision will allow Iraq to play a greater political and economic role in the Middle East, experience an economic recovery and attract new investment.

The UN Security Council announced on Friday that all the measures imposed in its resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations in relation to the Iraq oil-for-food programme had been fully implemented.

Unanimously adopting resolution 2390 (2017), the Council welcomed the fact that the remaining funds in the escrow accounts established pursuant to resolution 1958 (2010) had been transferred to the Government of Iraq pursuant to resolution 2335 (2016).

The Council acknowledged the Secretary-General’s final report on the matter (document S/2017/820), which stated, among other things, that the remaining $14,283,565 in the administrative escrow account had been transferred to Iraq.

Following the adoption, Amy Noel Tachco (United States) applauded Iraq’s complete implementation of measures under the oil-for-food programme, although the country still faced many challenges.  She looked forward to close cooperation internationally and bilaterally in support of Iraq as a federal, democratic and prosperous country.

Resolution

The full text of resolution 2390 (2017) reads as follows:

The Security Council,

Recalling its resolutions 1958 (2010) and 2335 (2016),

Acknowledging receipt of the final report of the Secretary-General pursuant to paragraph 4 of Security Council resolution 2335 (2016), S/2017/820,

“1.   Welcomes the implementing arrangements entered into by the Secretary-General and the Government of Iraq as requested in paragraph 7 of Security Council resolution 1958 (2010);

“2.   Also welcomes that the remaining funds in the escrow accounts established pursuant to paragraphs 3–5 of Security Council resolution 1958 (2010) have been transferred to the Government of Iraq pursuant to Security Council resolution 2335 (2016);

“3.   Concludes that all the measures imposed by the Security Council in resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations have been fully implemented by the parties.”

(Source: UN)

Revaluation of Iraqi Dinar is the Center of Latest Iraq News

By Idrees Khan
February 29, 2016

The infrastructure of Iraq is badly affected by the invasion of US armed forces in 2003. Everything was destroyed because of surgical attacks made by US Army and its alliance. Since then the country is the center of sad news.

We hear bad news of killing and bomb blast on almost every day. Moreover the ISISI has become one of the worst terrorist organizations operating in Iraq against the government.

Iraq is facing heavy losses because of these attacks on the government machinery and they are therefore the center of latest Iraq news.

Current Economic Conditions

Along with all those critical situations in the country the economic condition of Iraq is improving with the every passing day.

Some massive investments have been seen for the last 6 years in the country.

The Iraq is now free from international sanctions imposed by United Nation. After free from chapter 7 sanctions 7, Iraq has authority to do any kind of business with the any other country.

Oil is the backbone of Iraq economy. Now the country is free to sign any contract with the any other country to search or export their crude oil anywhere in the world. Large number of oil exploring companies is operating in the country in the different areas to find the new oil fields.

Special Authorities to Governor to Sign any Contract


There was a time when making investment in Iraq was more than a tough job.

You had to fulfill too many requirements and legal formalities to open a new business in the country. But now the situation is completely different.

The government of Iraq has given special authorities to the governor of the province to sign any oil and other business contracts without prior permission of the government.

All of these soft conditions are to ensure the foreign investment in the country.

These special authorities have attracted many of the international investors to the country to make heavy investments in different sectors of the country.

The cottage industry of Iraq is also improving with the heavy investments in the domestic industry of Iraq. This is one of the biggest point and addition in the latest Iraq news that cottage industry of the country is also improving very fast.

Revaluation of Iraqi Dinar


People have made heavy investments in the Iraqi dinar with the expectations that it will be revalued in the near future and they will be billionaire.

The investors in Iraqi dinar include not only common people but the retired army officers of Iraq war.

They believe that Iraqi dinar will be revalued in the next few years and they will earn more than anyone else in the world.

The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.

Many of the international banks are also interested in Iraqi dinar purchase and they are the big investors of Iraqi dinar as well.

The Noor Al Maliki administration was major hurdle in the revaluation of Iraqi dinar because of dispute with Kurdistan.

Kurdistan has major role in the revaluation of Iraqi dinar and its resolution to pass. The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved.

Now new administration is now in the power and they are taking initial steps to complete revaluation process.

This can be very big and latest Iraq news. People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months.

The dinar gurus believe that revaluation of Iraqi dinar will surely occur at the end of 2016.

We must have to wait if we have some dinar to be billionaire in the next few months.

http://www.financialprospect.com/world/revaluation-of-iraqi-dinar-is-the-center-of-latest-iraq-news-23548.html

Post From Dinar Updates 2-1-16
Excerpts & Highlights

Dinar Updates Rcookie & Member Chat 2-1-16   Part 1 of 2
 
Wyomingbill says():   I see today that Sistani has elected Fayad as prime minister, said Abadi to slow in taking care of the people that he needs to move fast is he wants to keep ibis. Prime Minister job
 
jeffusa says to sassy():   Iraqi security forces
 
(IraqiNews.com) Anbar – The Head of Khalidiya Council in Anbar Province announced on Monday, that the security forces have advanced for a distance of 3 kiometeres north of Fallujah (26 km west of Baghdad), while indicated to the killing of dozens of ISIS members.
 
Ali Daoud said in an interview, “Today, security forces have carried out a large-scale military operation on ISIS gatherings and strongholds in Albu Shajel and AlBu Shehab areas in Saqlawiyah Island (17 km north of Fallujah), killing dozens of ISIS members,” noting that, “The security forces managed to penetrate an area of 3 kilometers in the island.”
 ~~~
Daoud added, “The army, police and tribal fighters, backed by the international coalition aviation destroyed ISIS defense lines in Albu Shajel and AlBu Shehab vicinities.”
 
cookie says to kathi():   THEY HAVE BEEN IN EFFECT IN ALL PROVINCES INCLUDING KURDISTAN SINCE 16TH AND RETRO TO 1ST….
 
rcookie says():   HOLLYS NEWS WAS ROCKIN TODAY ESPECIALLY RELATIVE TO THE INVESTMENT LICENCES ISSUED IN ELECTRICITY DISTRIBUTION SECTOR … OFFERED BY MINISTRY OF ELECTRICITY….HUGE …
 
sassy says():   rcookie giving the ppl electricity will be a blessing
 
sassy says():   rcookie and shame on Maliki for not making this happen years ago so huge
 
rcookie says():   THAT NEWS WS OFF OF RECENT ANNOUNCEMENT OF GE BEING AWARDD THE CONTRACTS FOR ELECTRIC GENERATION STATIONS AND MAINTENANCE CONTRACTS FOR ALL OF IRAQ…AND LISTED AND PROTECTED IN 2016 BUDGET WITH UNDERWRITING…
 
rcookie says():   THAT PART IS ABOUT THE SCHEDULED DEPLETION DURING 2016 OF RESERVES DOWN TO $43BILLION..
 
sassy says():   rcookie 5 yrs ago Ge and Siemens was up for contracts and it went nowhere due to Maliki
bigrudy says():   Any good news?
 
rcookie says():   THE PRICE OF OIL OBVIOUSLY HAS INDIRECT EFECT ON THE AMOUNT OF RESERVES DEPLETED AS RESULT OF BUDGET DEFICIT….
 
WHICH THEY WILL NOW BE ON LOSING ENDS OF BOTH SIDES…WITH PRODUCTION CUTS FROM OPEC….THEY WONT HAVE PRODUCTION OVERAGE TO HELP BRIDGE….
 
rcookie says():   PRICES BAD=LOSS AGAINST BUDGET($45)…NOW TALKING ABOUT CUT IN PRODUCTION=LOSS AGAINST BUDGET (3.6MBPD)
 
rcookie says to sassy():   NOW WITH GE & BOEING CONTRACTS…BIG BUCKS…YOU ARE SO CORRECT…SO MUCH WASTED TIME AND OPPORTUNITY…
 
rcookie says to wmawhite():   MR WHITE…GE!!
Mrs BGG says to rcookie():   Thank you!
 
rcookie says():   THE BIGGEST ADVANTAGE FOR THIS CALL FROM THE ELECTRICITY MINISTER WILL BE IMPROVING THE DISTRIBUTION SECTOR..GETTING CONSISTANT SERVICE TO THE PROVINCES AND PEOPLE WITHOUT INTERUPTIONS…
 
rcookie says():   MANAGE SERVICE LOADS IN AN INTEGRATED MANNER…REGULATE CONSUMPTION AND MAXIMIZE THE ABILITY TO COLLECT THE MAXIMUM SERVICE & TAX REVENUES FOR ELECTRIC…
 
WHICH IS PART OF THE NON OIL REVENUES IN BUDGET AND ECONOMY….
 
THEY COLLECTED LESS THAN 30% IN 2015 OF TOTAL REVENUES FROM THAT SECTOR……WOW!! HUGE OPPORTUNITY..
 
larrykn says():   the news has been so good as of lately , I’m just jazzed :)
rcookie says(7:40 PM):   LARRY=JAZZY!
 
larrykn says(7:41 PM):   now is they would just do the monatary reforms I really be JAZZY :D
 
rcookie says():   AND THERE WAS AN INVESTMENT CONFERENCE AND LICENSES FOR POWER DISTRIBUTION PROJECTS!!!!!….
rcookie says():   JANUARY 13TH…..
 
rcookie says():   REMEMBER 300+ INVETMENT LICENSES ISSUED FROM 2013-2015 WORTH $15BILLION…..
 
rcookie says():   IRAQ & ARMENIA SIGNED AGREEMENTS WORTH 1.5 BILLION…FOR COOKING OIL…TOBACCO..AGRICULTURE AND AIR TRAVEL INDUSTRY…..
 
rcookie says():   REPORT THAT 1/3 OF IRAQ POPULATION IN NEED OF URGENT ASSISTANCE…
 
Boomshakalaka says():   100% of the dinar updates crowd too
Nodrok says():   lol
 
Texas Cowboy says():    anyone know if Iraq has to come out of chapter 7 to have a tradable Currency?
 
rcookie says():   UNAMI SAYS IRAQ WILL NEE $1.5BILLION USD IN AID IN 2016 FOR HUMANITARIAN DISPLACED & REFUGEE CARE…
 
sassy says():   Rrcookie Ibet the truth is more than a third
rcookie says to sassy():   (y)
sassy says():   Texas Cowboy they are out of chapter 7
sassy says():   rcookie(y)
Texas Cowboy says():   so does that mean RV is on the Way
 
rcookie says():   $100MILLION USD ENTERTAINMENT COMPLEX OPENING NEXT WEEK IN KARBALA MINISTRY OF TOURISM & ANTIQUITIES ANNOUNCED…
 
sassy says():   Texas Cowboy long time ago
 
rcookie says():   DHI QAR PROVINCE…HUGE TOURISM…LUXURY APARTMENTS…INTERNATIONAL SHOPPING MALL…ICE SKATING RINK…BOWLING ALLEY…FAMILY GAME CENTERS…HOTEL ROOMS..
 
agape says to Texas Cowboy():   Rv is on it’s way we just do not know the date or the rate! lol just a bit of humor. :D I’m ready for it though
RickeyT says():   not much left of Ramadi
 
rcookie says to RickeyT():   HEY RICKEY…YOU’RE RIGHT NO MEAT ON THAT BONE!!
RickeyT says():   no bone left
RickeyT says():   rock soup
 
rcookie says():   AND ANBAR LOOKING FOR $45 BILLION IN DEVELOPMENT $$$
jtank says():   bread and water
RickeyT says():   that will cover main street
jtank says():   rickeyt hey
RickeyT says to jtank():   how-d
 
rcookie says():   REMEMBER WHEN THE STOOGES USED TO POUR HOT WATER THROUGH RAW CHICKEN FOR CHIX SOUP WHEN THEY WORKED IN DINER KITCHEN…

jtank says():   lol
jtank says():   Mo
cjquade54 says to rcookie():   woobwoobwoobwoob
rcookie says():   LOL
 
rcookie says():   IRAN IS ON FIRE GETTING INTO MARKET…
 
rcookie says():   REMBER THEY WANT/NEED $25-50 BILLION IN NEW INVESTMENT TO REALIZE 8% GROWTH…. WELL….
 
RickeyT says():   iran never imploded
 
watchman42 says to larrykn():   rcookie is really a Keebler elf
sassy says():   rcookie if they keep cleaning up Isis they just might get it
 
rcookie says():   CHINA $60B…ITALY $17B…FRANCE $20B…AND REPORTS YESTERDAY THAT UAE TRADE WILL RETURN TO $30B…AND NOT FACTORING IN IRAQ TRADE YET….CHA CHING$$$$$$$$
sassy says():   rcookie(y)
 
rcookie says():   AND THEY ARE ONLY OPEC MEMBER THAT WANTS TO INCEREASE PRODUCTION BY160,000BPD…
 
rcookie says():   EVERYONE KNOW THE WARKA BANK STORY NOT DEALING WITH INTERNATIONAL RATES….
buck says():   so we see iran make it, then we can see iraq make it???? seems like iraq is waiting on something to move ahead lol lol
 
rcookie says to buck():   ITS COMING BUCK…HANG IN THERE…
buck says():   hanging just fine, just like the puzzle….
rcookie says to buck():   (y)
sassy says):   rcookie I thought we saw where Warka was going to be able to open up foreign currancy window
sassy says():   currency lol
 
rcookie says to sassy():   OK HERE WE GO..
buck says():   so the buy and sell of foriegn currency was only approval to do the auctions????
cowboywads says():   good ? sassy
 
sassy says():   cowboy thanks
cowboywads says():   yvw
sassy says():   buck might be right
sassy says():   buck is probably lol
 
buck says():   well i thought they were approved to go international and that is what i was corrected to…..poorly worded article cause it sure sounds like international lol

Comments may be made at the end of Part 2   Thank You

Post From Dinar Updates 1-25-16
Excerpts & Highlights

Dinar Updates Member Evening  Chat  1-25-16   Part 2 of 3
 
diane1 says to hermantowncars):for the many years i have been watching and studying this investment the IMF has never made a bold statement where they have clearly said tha IRAQ would enter the global market within the first hallf of 2016. THE IMF SPOKE THIS TIME, not iraq
bigrudy says to diane1():i think june]
 
hermantowncars says to diane1():I dont think its a matter of them waiting for Shabibi but rathe Shabibi is waiting in the wings for them. He has the same vision as Abadi so if anything is held up its not by him.
 
But more likely by those who resisit the coming changes that he and Abadi are bringing with such expertise. The three zeros will not be affected at all until the rate goes to a prelim one to one on the dollar (IMO)
 
at which time the lower denoms will be in great demand and the large denoms will then be brought to the banks in order to get the lower denoms. The 50k and 100k will be of little use to the public and will be used between banks and corporate trading me think.
 
quicktolegit96 says():LOOK, DELETION IS OVER TIME, ONCE IT STARTS, THE RATE WILL CHANGE, IT WILL TAKE THEM 2-4 YRS TO COMPLETE, DONT GET FIXATED ON THIS………
 ~~~
diane1 says to bigrudy():de ja vue do you remember when they announced iraq would be removed from chapter 7 they announcement was said in JAnuary and we thought any time, but Iraq had not been removed until JUNE OF2012 i remember that the people were celebrating i think the same way and have said june of 2016 right before RAMADAM
 
quicktolegit96 says():THESE 50 AND 100K, “IF TRUE” WILL HAPPEN OVER TIME, THAT ISNT THE PRECURSOR THE THE RV…
 
quicktolegit96 says():SAME CONCEPT WHEN OUR 100 BILL GOT REPLACED WITH THE “GOLD STANDARD”. A LITTLE BIT WILL GO OUT, A LITTLE BIT WILL COME IN…

THEN IT STARTED WITH THE OTHER USA BILLS……LOOK FOR ALL BANKING TO BE IN PLACE, THAT IS A MAJOR ONE
 
diane1 says to bigrudy():HONESTLY I DON’T THINK IRAQ CAN LAST MUCH LONGER AND GIVEN LOANS FOR IRAQ CAME WITH AN AGREEMENT/ AT TACHMENT.
 
rcookie says to diane1():YOU NEED TO TRY GET THE CONCEPT OF SIMILARITY OR PARALLEL TO ANY OTHER TIME OUT OF YOUR THOUGHT PROCESS…..DIDNT HAPPEN….
 
IF ANYTHING THAT HAPPENED IN 2012 IS EARTH….WHAT IS HAPPENING NOW IS PLUTO….NOT REMOELY SIMILAR…AND BILLIONS MILES AWAY…..
 
jarhead says():well………..here we are
 
diane1 says to rcookie():The time frame given from IMF was the first 1/2 of 2016 doesn’t that mean between now and JUNE although i pray it to be much sooner. i was just saying to Rudy who also gave an opnion for JUne as well.. but anything
 
diane1 says to rcookie():is possible. after all this is IRAQ
cjquade54 says to jarhead():we’re all here coz we’re not all there (lol)
jarhead says():true

diagyAAAE says():LOL DIANE, THAT’S ANOTHER WAY TO ASK FOR DATE! I THINK THERE’S BEEN A MILLION DIFFERENT WAYS TO ASK THAT QUESTION :D
 
diagyAAAE says():MILLION DOLLAR QUESTION
 
hermantowncars says to diane1():  Well Diane they do have dates at the grocery store if you want one…LOL….is Millionday coming in tonight do you know?
 
diane1 says to hermantowncars(1:55 PM):honestly i wish it would happen already waiting 8 plus years
diane1 says to bigrudy():I AGREE IT GIVES IRAQ SOMETHING TO CELEBRATE IN WHICH THEY VERY WELL DESERVE
 
bigrudy says to diane1():No one as been right in that investment so far. So why not just take a guess lol
 
diane1 says to bigrudy():THERE HOLIDAY RAMADAM WORKS FOR ME, BUT THEN TOMORROW WORKS TOO ALL WE CAN DO IS WAIT.
 
bigrudy says to diane1():yep
bigrudy says to diane1():that s all we can do
diane1 says to bigrudy():LLIKE I SAID DE JA VUE history repeats it self
 
bigrudy says to diane1():yep. Alot of news but still waitings on actions
bigrudy says to diane1():i think it will happen butt only in their ways. It might take longer then expected
 
diane1 says to bigrudy():wow 2012 when there sanctions were lifted 4 years later we are all still here. we are all guessing here. but mrwhite said “IMF GAVE A TIME LINE SOMETHING none of us had seen before.
 
so right now that is a window of opportunity between now and first 1/2 of the year. MY GOD i hate having to wait that long but 8 years is a long time to wait.too
 
Baxter1243 says():they had an auction today…. 162 million…
diane1 says to Baxter1243():is that good or bad?
Baxter1243 says():I was hopin they wouldnt have one
 
  
cookie says to Where’sthebeef():I THINK THAT THEY ARE REVIEWING ALL OF THE PRE AND POST COLLECTION MECHANISMS BEING IN PLACE ….
 
I CANT SEE WHERE THE KURD BORDER SECURING ASPECT WOULD BE A POINT OF CONTENTION …
 
BUT THE IBRIHAM BORDER POINT WITH TURKEY DID JUST REOPEN WITHIN LAST COUPLE OF WEEKS AFTER BEING CLOSED FOR MORE THAN MONTH..COSTING THEM 22MILLION USD/MONTH….
 
THERE ARE SO MANY DETAILS ABOUT THE COLLECTION…THE SYSYTEM…QUALITY STANDARD CHECKING & TESTING…BORDER MAINTENANCE…ILLEGAL TRADE PREVENTION…
 
FOLLOW UP ON TARIFF COLLECTION SYSTEM HEALTH…COFISCATION OG GOODS ATTEMPTING TO ENTER COUNTRY…

ELIMINATE & PROSECUTE ILLEGAL GOODS THAT GET IN THROUGH MARKET SURVEILLANCE…
 
AND INCENTIVIZING CUSTOMS EMPLOYEES WHO REPOT CORRUPTION & ILLEGAL ACTIVITIES….

AND POSSIBILITY OF APLYING VAT (VALUE ADDED TAX) SYSTEM ON ALL GOODS & SERVICES INCLUDING HOTELS & CATERING…
 
rcookie says():EVERYBODY SEE ABADIS DAVOS INTERVIEW WITH CHRISTINE AMANPOUR..
 
dwightj says():SO I SEE WHERE SOME OF THEM ARE ASKING FOR REFORMS AGAIN WHAT I WANT TO KNOW IS WHAT ARE THE REFORMS THEY ARE ASKING FOR THEY NEED TO EXSPLAIN WHAT THEY ARE IN FULL
 
RickeyT says to dwightj():good luck with that LOL
dwightj says():I KNOW
 
rcookie says(): SWIFT to restart services to Iran by Jan. 31
Tehran Times Economic Desk  January 26, 2016
TEHRAN– The Society for Worldwide Interbank Financial Telecommunication (SWIFT) would restore its services to Iranian financial institutions by January 31, said Central Bank of Iran (CBI) Governor Valiollah Seif.
 
Seif said there are only some technical issues to be resolved before SWIFT system comes on stream on January 31.
 
He said, “During the period that west-engineered sanctions were imposed on Iran, SWIFT had not stopped its services to Iran completely, and only some banks had been blocked.”
 
For Iran to resume business with the global banking world – for the first time since 2012 – its banks need to be linked to overseas lenders on SWIFT.
 
SWIFT lifted bans on the Iranian banks as the implementation day of the Joint Comprehensive Plan of Action (JCPOA) formally started on January 16.
 
Read More :http://www.dinarupdates.com/showthre…ices-to-Iran-b
http://www.dinarupdates.com/showthread.php?29091-SWIFT-to-restart-services-to-Iran-b
 
msdiva says():oh wow i remember those $32 days lol

rcookie says():SWIFT is a global supplier of secure messaging services and interface software to wholesale financial entities. It is a secure private network used by nearly every bank around the world to send payment messages that lead to the transfer of money across international borders.
 
In early 2012, SWIFT said it had been instructed by the European Council to discontinue its communications services to Iranian financial institutions that are subject to European sanctions. Accordingly, it blocked 30 Iranian banks from using its service thus literally cutting off Iran from the global banking system.
 
SJ/MA/      http://www.tehrantimes.com/index_View.asp?code=252493
http://www.tehrantimes.com/index_View.asp?code=252493
 
POST COURTESY OF KATHI!!!!
 
Read More :http://www.dinarupdates.com/showthre…553#post143553
http://www.dinarupdates.com/showthread.php?29091-SWIFT-to-restart-services-to-Iran-by-Jan-31-1-25&p=143553#post143553
 
rcookie says():IRAN BACK IN BUSINESS WITH SWIFT AS OF JAN 31ST!!!!!!
luvmydream says():ty Kathi & RC for bringing it
 
rcookie says():KATHI ROCKS!!
jimplants says():A SLIGHT PUSH FOR IRAQ
 
kathi says(DARN, I SHOWED RCOOKIE A COUPLE OF LINKS AND DIDN’T WANT ANYONE KNOW IT’S FROM ME THE LITTLE TURKEYM LOL LOL

Baxter1243 says(6:20 PM):Does that mean that Irans Currency will be good internationally RCOOKIE?
 
msdiva says to jimplants():would love to give them a push alright
msdiva says():so will the rial be another good investment
Localcats says():iraq opened doors and iran is walking in
 
rcookie says():SWIFT IS INTERNATIONAL BANKING & FINANCIAL COMMUNICATIONS PLATFORM….SHUT OFF BY EU DIRECTIVE IN 2012…THEY STARTED THIS JCPOA PROCESS ON THE 16TH…AND WILL BE FULLY ENGAGED BY THE 31ST….
 
rcookie says():THE IRAN CENTRAL BANK GOVERNOR HAS MADE STATEMNTS TOWARD POST SANCTION CURRENCY VALUATION CHANGE AFTER REACHING CERTAIN INFLATION GOALS …ETC
 
rcookie says():THEY JUST SIGNED…OVER THE WEEKEND $60 BILLION TRADE AGREEMENT WITH CHINA…
 
cjquade54 says to rcookie():did we see an article saying it may take Iran 2 years to reach inflation goals?
cjquade54 says to rcookie():a week or 2 ago?
 
rcookie says():YES…ESPECIALLY AS OIL HITS MARKET IN CURRENT PRICING …
Baxter1243 says():we arent allowed to buy it anyway… are we?
 
kathi says to rcookie():WHEN YOU SPEAK ABOUT CHINA AND TRADE, THIS CAN ALSO BE BANK TRADE PLATFORMS SINCE YOU CAN MAKE MEGA BUCKS ON THESE PLATFORMS AND CHINA HAS HSBC BANK, CHINA
 
rcookie says():GREAT JOB AND GREAT POINT KATHI!!!
 
rcookie says():SO IF IRANS RE-ENTRY AND CONNECTION TO GLOBAL MARKET…IS RELEVANT IN IRAQS ACTIONS AND URGENCY…YOU HAVE DATES…..
kathi says to rcookie():EXACTLY
 
love it 2 says to buck():have we seen anything on it being relevant on IRAQS ACTIONS AND URGENCY?
 
angus says():have they not stated that they wanted to enter before Iran
 
kevin311312 says():what did irans money used to be worth befor all the santions
 
Seadreamer says():I know BGG said there is NO global reset and Iran has nothing to do with Iraq RV 

rcookie says(6:41 PM):NO..OTHER THAN IRAN IS IRAQS LARGEST TRADING PARTNER…JOINED AT THE HIP…

AND LAST WEEKS ANNOUNCEMENT OF HUGE INSURANCE PARTNERSHIP BETWEEN THE 2…INCLUDING TRAVEL & INTER BORDER HEALTH CARE…
 
Seadreamer says():Iraq will RV when IMF and WB are satisfied conditions are acceptable…But Iran will not be a factor
 
kathi says to Seadreamer():YES, AND DID YOU SEE WHERE THE IMF STATED IN THEIR MOU THAT THEY WILL AMEND THE INVESTMENT LAW BY  THE END OF FEBRUARY

AND WE ARE STILL IN JAN. SO THEY ARE GOING FASTER THEN WE THINK.
 
kathi says to Seadreamer():BY THE END
 
rcookie says to Seadreamer():NOBODY SAYING IT IS THE IMPETUS OR TRIGGER FACTOR…JUST A RELEVANT REGIONAL INDICATOR…GIVEN THEIR HISTORY AND TRADE REALTIONSHIPS….
 
kathi says to Seadreamer():THEY ARE WAY MORE AHEAD THEN THEY ARE SHOWING!!
 
rcookie says to Seadreamer():IT HAS BEEN AMENDED AGAIN PER IMF MANDATE AND POSTED IN GAZETTE ON JAN 23RD….

MORE THAN A MONTH AHEAD OF THEIR REVIEW DEADLINE AT THE END OF FEBRUARY….
 
subgirl says to rcookie():that is sooo exciting!
rcookie says to subgirl():IT IS SUBBY!!!

Seadreamer says():Lets follow the ink like MD says
jwjd says():what does this ammendment mean that you are all talking about?
 
rcookie says to Seadreamer():FYI…THAT WAS THE INK…TEHRAN TIMES……
 
rcookie says():OK…GOT SOMETHING THAT GIVES A LITTLE INSIGHT AS TO THE CUSTOMS TARIFF MECHANISMS IN PLACE THEY ARE WORKING ON…
 
rcookie says to subgirl():prevent illegal trade, adding that these steps require the maintenance of the border and prevent illegal trade, monitoring and follow-up of border crossings precisely in order to prevent financial corruption in the introduction of goods is a fundamentalist and follow up on the health of the application customs tariff revenues and control health documentation.
 
 He stressed the need roads Association control Kurdistan to prevent leakage of goods entering the border crossing points in the region are non-fundamentalist to the rest of Iraq’s provinces, as well as market surveillance Aldkhalih by customs and the confiscation of goods entering Iraq illegally, pointing to the importance of providing the proportion of customs revenue as
 
Read More :http://www.dinarupdates.com/showthre…roduction-1-25
http://www.dinarupdates.com/showthread.php?29089-Economist-tariff-increase-support-national-production-1-25

Comments may be made at the end of Part 3   Thank You

WEALTHWATCH  1-23-16
Post From Wealthwatch.world  Chat Room
News With Links & Discussion

Wealthwatch Saturday Chat 1-23-16   

Tootsie: Good Saturday to all ~
Tootsie: Specialists: International Bank lending might apologize for Iraq 2016-05-23 Baghdad/JD/… After plummeting oil prices to unprecedented levels and the absence of prudent economic policy,
 
read the economic and financial future of the country by successive Governments, warned the number of specialists and observers of the economic and financial vulnerability of the country to financial bankruptcy and the Government unable to pay employees and retirees lack sufficient cash liquidity amid low global oil prices, oil prices likely to below $ 10 a barrel,
 
while noting that international banks and friendly States might apologize for Iraq to meet the lending crisis Due to the lack of financial assurances real ability of the Iraqi Government to pay debts in the future.
 ~~~

He says the economy and Investment Committee member Rep. Burhan Al-mamouri, that Iraq will pass a severe financial crisis in the next two months that could lead to the non-payment of salaries of staff schedule, because of low world oil prices.
 
 Mamouri said of agency/JD/: that governmental solutions to the current financial crisis besetting the country futile, including external borrowing which could not be achieved because there is a crisis of confidence between the Iraqi Government and international banks and even countries friendly to Iraq,
 
as Iraq may not be able to pay its debts in the future in the absence of an integrated infrastructure in addition to the lack of vital productive sectors can be a substitute for oil as agriculture, industry and tourism, as well as the Iraq war waged against terrorist gangs which need significant funds.
 
 And continued so that international banks will apologize for Iraq if it asked its lending to the financial crisis or the budget deficit, calling on the Government to resort to alternatives other than oil focus on productive sectors such as industry, agriculture and tourism as well as citizen awareness and in stil confidence in which to deposit his money in Iraqi banks because there is a crisis of confidence
 
Tootsie: dang, I hate when my clipboard does not clear.~ GRRR ~ here is the last para prior to the WWlink
~~ The representative of Sistani in Karbala Sara during his speech at Friday prayers that “everyone knows that Iraq possesses strong State economically and financially as it blessed
 
Yes various possibilities of both minds and hands his sons or natural resources in the subsoil and appearance, but the successive Governments of the country since decades didn’t work to harness this potential for serving the people and providing a decent life,
 
but squandered most of its financial resources on wars and temporary rulers freaks Dictators. “
 
 NET said “in recent years, despite the Governments emanating from free elections but the situation has not changed for the better in many areas but increased the suffering of citizens in many ways,
 
mismanagement and the size of financial and administrative corruption on the one hand and the deteriorating security situation
 
 Meanwhile barred from the investment potential of the country and its financial resources in the service of his happiness.” He called on the Government to the need to find alternatives and real plans to cope with the financial crisis./finished/8/
 
Tootsie: on a lighter side ~ A little boy opened the big and old family Bible with fascination. He looked at the old pages as he turned them. Then something fell out of the Bible and he picked it up an looked at it closely. It was an old leaf from a tree that had been pressed in-between the pages. “Mommy, look what I found,” the boy called out. “what have you got there, dear?” his mother asked. With astonishment in the young boy’s voice, he answered: “It’s Adam’s clothes!!!!!”   Tootsie: Have a great day, ~

OOTW: HERE’S THE LINK   OOTW: TY TOOTSIE   OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3863
 
OOTW: APOLOGIES USE THIS ONE PLEASE  OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3864
 
OOTW: A PATTERN IS EMERGING RE DISCUSSIONS ON THE INTENTIONS FOR THE EXCHANGE RATE
OOTW: PLEASE GO INTO THE FORUMS TO READ FURTHER TY

OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3864
 
OOTW: I AM NOT CONFIRMING THE RATE DISCUSSED IN THESE ARTICLES, I’M SIMPLY ENCOURAGING YOU TO READ

 Doug_W: ‹@OOTW› wasn’t that just one person’s idea of how to solve the crisis ?
 
OOTW: ITS AN IDEA THAT CONTINUES TO BE PROMOTED – AND HE IS AN ADVISER TO ABADI
 
OOTW: SO WE’LL SEE
 
OOTW: THE INVESTMENT LAW HAS BEEN PUBLISHED IN THE IRAQI LAW LIBRARY
 
OOTW: TO READ THE FULL TEXT – PLEASE SEE THIS THREAD

wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3658
 
OOTW: I’M QUITE SURPRISED THAT THEY PUBLISHED THIS AT THE MINISTRY OF JUSTICE SITE IN LESS THAN THREE WEEKS AFTER THE POSTING OF THE LAST GAZETTE,
 
AND NOW IT’S BEEN NINE DAYS SINCE IT APPEARED AS PUBLISHED AT THE MOJ SITE, AND IT’S NOW IN THE LAW LIBRARY    OOTW: NEW FOR IRAQ LOL
 
OOTW: CHALABI SAID TO HAVE BEEN POISONED wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2820&pid=9572#pid9572
 
Donnie: good read. www.dinarrecaps.com/our-b…
http://www.dinarrecaps.com/our-blog/how-countries-have-maneuvered-to-the-new-financial-system
 
Donnie: How Countries Have Maneuvered To The New Financial System
Donnie: leaving the US behind. Thx O!!
 
OOTW: BLUE ADDRESSES GURU NONSENSE – TY JDBLUE

OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3866
 
OOTW: “Hub – in order for a sovereign nation to engage in international trade, they have to have some method to exchange value for the product…who wants the dinar as it sits…no one…
 
arguments are that iraq has been trading with a tradable currency, yes they have…the dollar but no more…by constitution must use the dinar.
 
 i am very pumped about the next day or so. [did I read it right that Iraq want to have their currency close to their neighbors currency?] tad bit above is what i think was said…
 
i personally think in the3.60 to 3.90 range…from day one the iraq ptb always stated ri plus 20 % inflation.” 

OOTW: FROM BLUE – TY BLUE! “Okay… which neighbor? I am in utter disbelief that the way things are… that the CBI could even begin to dictate that the IQD is worth 3.60.
 
I am much more inclined to look at the other neighbors, all struggling with low oil prices… like say…. Saudi Arabia.. which has a Rial worth about 25 cents. That would be a dream come true.
 
A dinar worth a buck would be beyond my wildest expectations. 3.60? that is not feasible in this environment. Maybe back in 2012, when Lagaaard told Shabibi “Jump!”..
 
but things have gone very much south for Iraq since those days. -Reserves down -Oil down 
 
Cost to fight Daash up ( security and stability) -Iran an Malaki still stopping significant reform.
 
I mean.. all the things we used to say were needed.. those things are mostly done. –
out of Chapter 7 -new GOI – defense ministers etc – national meeting and more… everything but the HCL..
 
and still.. they seem to flounder along.. at the whim of Iran… and Maliki walks upright, lives in the palace, and still has his office in the Green Zone.
 
 Reality on the ground all these years later are so different… I dismiss the old thinking of .. RI plus 2%. that is Guru rubbish. Yeah.. I would actually be thrilled with a dime.”
Dinar Updates Chat Highlights Sunday 1-3-16  
Post From Dinar Updates
Highlights From  DU Chat SUNDAY 1-3-16   Part 3 of 3
 
cjquade54 says(2:53 PM):  I saw that parliament has adjouned until the 19th. Maybe not much for them to do without a rate change … maybe
 
vision2 says(2:55 PM):  What did parliament acomplish today?
 
awesomedtl says(2:55 PM):  i wouldnt think they can keep going on with out a rate they seem to of pulled their pants down and showed the world there ” hand” lol unless they can keep talking

rcookie says(2:57 PM):  FALLUJAH WILL BE CLEANSED BY END OF WEEK….
vision2 says(2:57 PM):  Now that is really good news rcookie!!!

wmawhite says to cjquade54(2:58 PM):  Parliament has zero to do with international exchange rates when they pass laws about speed limits, trash collection, work hours for government employees, etc., etc……..
 ~~~

awesomedtl says(2:59 PM):  thanks wma for that input
wmawhite says(2:59 PM):  yw
awesomedtl says(2:59 PM):  its all cbi now for rate change?
 
poppy3 says(2:59 PM):  i then after finishing one degree i went to bible college and finished that. WE HAVE MANY VERY SMART KIDS THAT HAVE BEEN TALKED DOWN TO ALL THEIR SELF ESTEME HAS BEEN ROBED FROM THEM AND GUESS WHO TOOK IT FROM THEM ???? PARENT AND SCHOOLS.
 
WE HAD A GUIDENCE COUNSELOR THAT CALLED MY PARENTS IN AND TOLD THEM I WASNT COLLEGE MATERIAL AND NEEDED TO GO TO A TRADE SCOOL BUT WOULDNT BE A SUCCESS .
 
AT THE AGE OF 24 AFTER SERVING 58 MONTHS IN AIRFORCE I MADE MY FIRST MILLION I WENT IN A SHOWED HIS BUTT HE WAS WRONG AND SHOULDNT EVER TELL ANOTHER STUDENT WHAT HE THINKS. YOU PARENTS NEED TO KNOW WHO BESIDES YOU ARE TELLING YOUR KIDS . POPPY3
 
awesomedtl says(2:59 PM):  did the budget get signed today or yesterday ?? 
 
wmawhite says to awesomedtl(3:00 PM): Concentrate on what we know,……IMO,…….the IMF is driving this boat called the “CBI/GOI”……..and what did they state to the world?
vision2 says(3:01 PM):  Amen to That Poppy 3 they told me the same thing and I didn’t do to bad
 
awesomedtl says(3:01 PM):  they are opening at the begining of 2016 right
wmawhite says to awesomedtl(3:01 PM):  Also,…..the budget does not have a “rate” in it.
cjquade54 says to wmawhite(3:01 PM):  wait don’t tell me …. by mid 2016
awesomedtl says(3:01 PM):  Poppy you go boy!!!
 
 
diane1 says to wmawhite(3:01 PM):  WHERE DOES THE W.T.O FIT INTO ALL THIS WHEN OR HOW WILL IRAQ BE MEMBERS OF THE WT.O. OR DO THEY NEED AN EXCHANGE RATE FIRST.
 
wmawhite says to awesomedtl(3:01 PM):  Iraq is expected to join the economy market during the first part of 2016.
 
awesomedtl says(3:02 PM):  thats this weeek I say!! lol
diane1 says to wmawhite(3:02 PM):  i was under the impression somewhere in the budget would be a rate,
 
vision2 says(3:02 PM):  Is the first quater considered to be from Jan-March?
wmawhite says to awesomedtl(3:03 PM):  As is February………..as was yesterday……………..stop worrying about when and be thankful think we have every reason to believe it is happening.
 
RickeyT says to diane1(3:03 PM):  guru talk
awesomedtl says(3:03 PM):  diane I was also based on articles million had for us
awesomedtl says(3:03 PM):  wma yes yes!!!!
 
dwightj says(3:04 PM):  I NEVER SAW ANYTHING ON THE RATE THING WITH WTO JUST THAT THE CURRANCY HAD TO INTERNATIONALLY TRADEABLE
diane1 says to awesomedtl(3:04 PM):  use to see articles about Iraq joining the WTO but now i do not, how does the IQD become international, unless iraq because a full member?
 
wmawhite says to diane1(3:04 PM):  The operational side of a budget outlines how much is spent on the dog catcher, the trash collector, the school teacher…….and if they are paid 100IQD per week (for instance) there is no need for a rate because 1 IQD = 1 IQD.
 
wmawhite says to diane1(3:06 PM):  In other words…..Iraq is not paying them in Yen, or the Euro or GBP……………paying them in IQD. No exchange rate is needed.
vision2 says(3:06 PM):   That is a great explanation the best Mr. White
 
wmawhite says to vision2(3:07 PM):   ty
diane1 says to wmawhite(3:07 PM):  thank you,
wmawhite says to diane1(3:07 PM):   yw
 
awesomedtl says(3:07 PM):  wma than we wonder when it will ever be needed if they keep snaking around this all but they wanna attract all these investors to there country and show off “” hey chack out my souped up ride” can we look under the hood?? No there is no engine but look at this paint job lmao(lol)
diane1 says to wmawhite(3:09 PM):  when or how does the IQD become international in all this?
 
poppy3 says(3:09 PM):  THEY NEED THE RATE THEY NEED MORE THAN TO BE A GUEST MEMBER THEY HAVE TO BE A FULL MEMBER TO HAVE A GLOBAL TRADEABLE CURRENCY SO WE WAIT AND WATCH EVERY MOVE EVERY DAY.
 
REMEMBER KUWAIT ANNOUNCED ON THE MORNING THEY HAD INDICATED THEY WHERE GOING TO CHANGE THEIR RATE . THAT MORNING THEY ANNOUNCED NO CHANGE FOR AT LEASED 3 MORE MONTHS .
 
THAT VERY AFTERNOON EARLY EVENING BAM , BAM THEY REVALUED. LOL,LOL WE NEED TO CURB THE EXPECTATION IN OUR MIND AND JUST LET IT COME TO US. WORRY AND ANTICIPATION DOESNT HELP BECAUSE WE HAVE ZERO CONTROL .
 
JUST KEEP YOURSELF AND OTHERS UPBEAT AND GET PREPARED. IF YOUR NOT PLANNING FOR SUCCESS YOUR PLANNING FOR FAILURE. POPPY3 LIFT ONE ANOTHER UP DAILY.
 
awesomedtl says(3:10 PM):  diane they will just keep kicking the can lol
RickeyT says to diane1(3:10 PM):  Kuwait is still an exotic currency
rcookie says to awesomedtl(3:10 PM):  THATS JUST IT AWESOME……THEY DONT JUST WANNA ATTRACT INVESTORS….THEY HAVE……
 
wmawhite says to awesomedtl(3:11 PM):  We believe that the CBI will de-peg from the USD as they move to Article 8 because if they don’t the CBI will run out of its reserves. By de-pegging the CBI will give value to the IQD and make it possible for investors to bring their currency into Iraq have it automatically convert into IQD, do business, near a profit, and then automatically move their profit back into their originalt currency and go home with it.
 
wmawhite says to awesomedtl(3:11 PM):  All of this is not possible at this time.
rcookie says to awesomedtl(3:11 PM):  Baghdad Investment: give us 341 investment license at a cost of $ 15 billion since the formation of the body
 
Date: 01/03/2016 11:39  Information / BAGHDAD / ..  Baghdad Investment Authority announced on Sunday, for granted (341) investment license at a cost of fifteen billion dollars since the formation of the body until the end of 2015, noting that the holiday was in all sectors.
 
The head of the Shaker Zamili in a statement received by the agency / information / copy of it, “the Commission and in an effort to make efforts to support the investment process and in the different sectors and because of its great importance in the lifting of the economic and urban level to maintain year after year Tzafart efforts to move forward to activate the investment business according to the Investment Law No. 13 of 2006, amended. “
 
wmawhite says to awesomedtl(3:12 PM):  Until they move to Areticle 8.
awesomedtl says(3:12 PM):   popppy I love you yet at ttimes you put it out pretty strong yourself in your posts and we create new expectatons also based on what you say to us to poppy!! you understand what im saying?
 
rcookie says to awesomedtl(3:12 PM):  He added that “the Commission granted (341) Investment vacation at a cost of more than fifteen billion was the share in 2015 (43) Investment License distributed to various sectors in the residential sector was granted (7) leave and commercial (21) leave and tourism ( 6) leave either in the industrial sector has been granted (3) educational leave and (3) leave and health (2) and agricultural (1). “
 
Zamili and stressed that “the Commission has faced many obstacles that impacted significantly on the number of investment projects in the past years, which have been bypassed in coordination with the relevant authorities.”
 
Read More :http://www.dinarupdates.com/showthre…-form-body-1-3
http://www.dinarupdates.com/showthread.php?27916-341-Investment-licenses-at-cost-0f-15-billion-since-form-body-1-3
 
rcookie says to awesomedtl(3:12 PM):  And the Chairman of the Commission that “the technical staff in the Commission continues to follow the investment projects to see the progress of work and stand on the problems faced by investment companies on the ground and to work to solve them with the relevant authorities in order to be implemented according to the time limit planned” .anthy / 25 R.
 
 
http://translate.googleusercontent.c…s7JVLfKoX12BUw page not available
 
Read More :http://www.dinarupdates.com/showthre…-form-body-1-3
http://www.dinarupdates.com/showthread.php?27916-341-Investment-licenses-at-cost-0f-15-billion-since-form-body-1-3
 
diane1 says to poppy3(3:12 PM):  thank you i have been patient and the long wait has had me th thinking ve ry much on my plans i have and not to blow it. which is very easy for some to do, waiting too long.
 
rcookie says(3:13 PM):  THOSE ARENT BOAT LICENSES…….AT $15 BILLION DOLLARS..DOLLARS..DOLLARS
awesomedtl says(3:13 PM):  rcookie thank you
RickeyT says(3:14 PM):  is that 15 trillion dinar or 150 trillion dinar?
 
wmawhite says to rcookie(3:14 PM):N  it appears that there is already some movement of capital into Iraq.
awesomedtl says(3:15 PM):  wma so iyo you dont seee this happening till mid 2016? and i understand thats your opinion
 
diane1 says to poppy3(3:15 PM):  i remember when we were waiting for Iraq to be released from chapter 7 they had annouced it in January and we waiting until June just before their RAMADAM (six months later) after all i believe the annoucement said before the first half of 2016. however my gut says how much longer could them hold out…
 
wmawhite says to awesomedtl(3:16 PM):  The CBI, IMF and WB has told us soooooo much information of late that I believe there could be major movement of the monetary reform any day.
 
RickeyT says(3:16 PM):  I guess nobody knows
diane1 says to wmawhite(3:17 PM):  AMEN YOUR WORDS TO GOD’S EARS
jtank says(3:17 PM):  WMA(y)
 
awesomedtl says(3:18 PM):  wma thats what i was thinking even with the strong ink million has been bringing, I appreciate everyones insight today and everyday im not always in here, I followed million here from the old site, I do go back!!! lol thank you
 
diane1 says to awesomedtl(3:19 PM):  SIT TIGHT IT’S COMING I CAN HEAR THE WHISTLE BLOWING, WE MUST ALL HAVE FAITH WHICH IS WHY WE ARE ALL HERE
awesomedtl says(3:19 PM):  diane yes yes i am lol 

poppy3 says(3:19 PM):  THEY ALSO SAID COMPLETE REFORM BY MID YEAR BUT THE PROCESS TO OBTAIN FULL MEMBERSHIP TO WTO WAS SAID TAKES A MINIUM OF 5 MONTHS SO THAT TO ME SAYS THEY NEED THE NEW RATE THIS MONTH TO QUALIFY NOT IN JUNE. POPPY3
 
RickeyT says to awesomedtl(3:20 PM):  PD or PI?
awesomedtl says(3:20 PM):  poppy !!!!! tell us more about that LOVE hearing that
 
diane1 says to poppy3(3:20 PM):  I CAN ALWAYS COUNT ON YOU FOR FAITH THANK YOU MY FRIEND
jtank says(3:20 PM):  I believe that most here are religous and that we are to pay it forward in some way
 
awesomedtl says(3:20 PM):   ricky …… Peoples invested with wang and fresh lol
RickeyT says to awesomedtl(3:21 PM):  she was on Peoples dinar in 2010
 
wmawhite says to awesomedtl(3:21 PM):  Few people understand that the CBI stated that they will re-evaluate all of the Iraqi bank shares within and out of Iraq. Those shares are in IQD (on the ISX)……..the CBI referred to realizing the true value of those shares. and when is the CBI doing this………the beginning of 2016
 
RickeyT says to awesomedtl(3:21 PM):  That is where Fresh came from
 
awesomedtl says(3:21 PM):  ohhh i got my dinar back in 2007 never knew there was chat rooms and stuff for this till 2012 than i found her there
awesomedtl says(3:22 PM):  wma awesome stuff wma I love your input
awesomedtl says(3:22 PM):  i actually used to talk to fresh and now he is gone
awesomedtl says(3:23 PM):  peoples dinar fresh came from?
RickeyT says to awesomedtl(3:23 PM):  That is also where Tony came from
diane1 says to awesomedtl(3:23 PM):  BE happy when i started all there was ADAM MONTANA, AND TERRI K. YIKES
 
 Read More :http://www.dinarupdates.com/showthread.php?27904-Sunday-January-3-2015/page2
Aggiedad77:  HERE COME THE NOTES….HERE COME THE NOTES….HERE COME THE NOTES

Great CC last night Frank…..hope these notes do justice to things   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 Monday Night 12-28-2015

Frank26: Ladies and gentlemen the very first thing that we suggested that was important back in September when we got home, remember that….we even labeled them…1….2….3…..what was 1….it was SECURITY. Iraq wants to give its country and opportunity to enter the international world because they have been let out of the dog house…..it was called Chapter 7…
….

It didn’t allow them to do anything because their hands and their feet were bound, their eyes were blinded, their mouths were gagged, and their ears were stuffed….and they lived this way for many decades as their punishment…..but when we went in there, what did we apply….

I taught you about this….the Marshall Plan….when we went in there in 2003….when we went in there….remember the statue of Saddam toppling over….remember the citizens running to it and smacking the statue with their sandals….the highest form of revenge they could offer….they did this to Saddam.

If that was the beginning of the Marshall Plan what happened after that…..Delarue was commissioned the next year to print their new currency…..then after that….we needed to get our laws in place…..we brought them SECURITY…..all after we knocked that bad guy off his pedestal.

Somewhere along the way though we got kicked out….the reason doesn’t matter, it just happened. On the precipice….on the doorstep of having their monetary reform and other reforms blossom….it was to the point……look Dr. Shabibi had received so many of the 000’s back…..it backfired on Maliki……you don’t try and get rid of Dr. Shabibi not then….you can’t appoint your own head of the CBI…..Maliki looked at everyone and said….”Up yours”…….so ground was lost for 2 years or so….like in an avalanche….no matter how hard you try the avalanche will kill you…..

Maliki killed the monetary reform……Maliki said yeah…yeah….did you see what I just did….it worked for my predecessor why won’t it work for me…….I kicked out the infidels…..go and take out that village….kill those guys…..Kodak moment….what Kodak moment…..yes things went crazy for 2 years….we lost SECURITY…..so be it……

Dr. Shabibi had taken in so many of the 000’s then pushed out…..there were so many articles back then that were coming out that were worth framing. But then we lost SECURITY….all our efforts were for naught….the citizens then became frightened that the GI’s were leaving….they panicked….you did this in the 80’s now you are going to do it again…..sorry but we follow orders. They will kill us…..you know Saddam’s people are still with Maliki….you know darn well they will kill us.

Then for 2 years evil grew in Iraq while evil watched in the US and did nothing about it…..until the time was right….politically…..she will be there in the end….it is important that we return now…..democracy….my donkey.

Certain debts had to be paid….certain things from the Paris Club had to be taken care of….certain loans….all these things had to get in the Long Line we’ve talked about….meanwhile the citizens just became more and more scared and harder to deal with and communicate with. They are precious people….all people are precious to God. I find it interesting that Bush would say what the Muslims worship is the same god that the Christians worship…..no sir….mission accomplished….but no….it is a completely different God.

Anyway the people wanted something really bad….and in September we told you about it…..because Shabibi since about March of this year he started talking to people and to the citizens….the citizens became aware that Dr. Shabibi was back at this again.

You see family, the citizens did not want to cooperate with Dr. Shabibi earlier this year, but they are cooperating now IMO……and they are also well educated about what is going on right now about their currency as well as for their countries reform.

It turns out over the weekend ITEAM tells me….well sir as far as we are concerned…..ISIS has been defeated in Ramadi…..we should be seeing articles on that….and today you see those articles…..DAASH has admitted defeat….they are quitting and walking away…..Baghdadi didn’t like that and has made a video….he says….we are still strong and we are going all over the world…and Israel you are next….it takes so much good to get rid of a little evil.

Ramadi…that is interesting….Mosul….ok….we’ve talked about these weeks ago…..Mosul is next….the battlefield is going very well…..would you say that SECURITY is back again…..would you say….would you say that the conditions are back again like when Dr. Shabibi was wanting to revalue their currency…..I say yes….I think that the SECURITY you are seeing…..IMO….it is weeks old…..so this is an interesting week….walking from the last week of December into the first week of the new year.

Especially if it seems like you now have SECURITY again in the places where it is needed again…..so the IMF and the World Bank say you want some loans……you know it could go a long ways because of what is going on with the price of oil….you know the same reasons we went to China to accomplish….wink…wink…wink.

Can we have those loans…..So the IMF says….ok….here are some things you need to accomplish in the next 6 days…..next 6 days….so when were they told of the things they had to do for these loans….I think it was on the 23rd and I think they are done today.

The SECURITY….may not seem like it is there….because they are just now trying to tell you about it……let’s go back three weeks ago when I think it actually happened….a couple of days ago I made a post to you…..they pancaked these cities….then a few days later I said they sterilized these places…..they gave them a gamma burst.

Most of you don’t remember that I said….back in 2003 our military was showing the world the latest weapons we were going to use in warfare…..then one day after that post that I made I said to you family….they flattened that place like a pancake like we did with the nuclear bomb in WWII……remember that post…..the thing is that when we entered in 2003 we brought in the concept of gamma weapons…..now we want you to consider that we gave you these words before you saw them in articles didn’t we….

I love the fact that something interesting was happening….IMO…..in order for them to rebuild…because that is where we are at now right…..with all these reforms…the economic reform will explode now….IMO….they brought in a demolition crew called….whatever army you want to call them…..to flatten the place….you think I am kidding you…..have you ever seen Las Vegas when they want to build a new casino…..what is that….the Sands….we are going to get rid of it…we are going to implode it…..they set charges and the whole building falls down upon itself…..

well I’ll tell you what….they flattened a good three or four cities….why….IMO….the economic reform needs to kick in to rebuild….it was time…IMO….to call in the demolition crews to flatten things….now it is time to call in the reconstruction companies to rebuild them.

Nagasaki and Hiroshima both rose from the ashes under the Marshall Plan….so shall Iraq.

Meanwhile Abadi is so proud…..Iraq has the capacity and has achieved economic abilities…..you have….yes….why……because 80% of Iraq’s areas are safe….well….95% lately I think…..you got your SECURITY back Abadi…..yes…did you see us kick their donkeys….yes the US was giving us advise on how to do things…..this is good….yes it is good because we have our 3 B’s…..close the doors….come here…..listen to me…..did you notice where the banks were….

The banks…..I thought you rescued cities….we rescued banks…..wait a minute….I saw TINK put up an article today…..wait a minute…..and it said you guys were safe and secure in the middle….yes I did notice that……that is where these banks are back….yes that is what I said….we got our BBB’s back….our got our baby banks back……the areas that got flattened were on the perimeter….but the core where our banks are located were not damaged….the electronics…the cables….we secured those areas….

Shabibi needs this SECURITY….and I need him to raise the currency value….well actually we turned in the mathematics….but that is a different story….you know the price of oil is so low….and we can’t talk about this…that is why I whisper…..but as soon as….we got SECURITY now don’t we….yes……give me that calendar…..says here you promised in the last week….yes…..so can we just go ahead and raise the price of oil now….TA-freaking-DA.

So yes….right around the second or third week of January you will see the price of oil start to go back up…..because their mission was accomplished….long before they told you today they are secured….the banks are secured….I even made a post to you four days ago….a dog does not soil his own….he goes outside….far away.

The destruction was not in the city core….it was where the cowards ran away from….the spokes.

Meanwhile….ring…ring….ring….this is China…would like to talk to Abadi…..hello……how is your basket….you like that don’t you….let me give you five…..we would like to give you more…..we know that ISIS is no longer…that terrorism is secure….we know that the price of oil is going to go up next month…..we would like to offer you a better partnership…..we have a partnership with the USA…..would you like a partnership with US…..tell you what let me hop on the China Express…the red-eye….

So Abadi goes over there….you really want to do this…..yes…..well the whole world sort of knows what is going to happen….but this might be interesting…..you guys are so thirsty for oil…..you were going to buy your oil from the BRICS….no…..and you want to do this even though we have another relationship going on…..you do know there are many currencies swapping in that first basket…..yep…..you do know we are swapping with the USD….yes…you want to swap with us…with you….yep….why not….sure we will do it….spit in your hand….that is how we do these things….our customs.

I told you three weeks ago they would be stopping the Iraqi Stock Exchange on the 28th and they would reopen on the 3rd…..remember that….many said it would be from the 31st to the 1st…..so then today they tell you we will have a holiday on Wednesday….Frank has already told us that….he looked over at his TEAMS…..holy cow did you catch that….he’s asking for an extra day…..they will have off for a long week….an interesting coincidence.

I think it is smart when you think about it….the banks were left alone….many of the governmental processes were left alone because they are in the core of these cities…..in fact…there was an article….may have been from the 23rd it said…..Iraqi Forces Retake the Center of Ramadi from ISIS….because this was so important…this is where all of Dr. Shabibi’s toys are at…so cool.

China and Iraq sitting in a tree….kissing…..I see you guys.

Check this out….direct quote from an article……the two sides agreed to increase high levels of changes and strengthen strategic communications on international and regional issues of common interest as well as their commitment to continue to provide firm support of the other side of issues related to the sovereignty, what else, independence, get out of here, and territorial integrity…..get the Frank out of here….that is all international lingo it has nothing to do with a sanctioned country.

So China what would you call this road you are on with Iraq…..we’ve done it before….we will do it again….we will call it again…the Silk Road.

Now if you understand history…..the silk worm was very valuable for China at one time….in fact….when Marco Polo came over to steal those silk worms it cost him…..history doesn’t really talk too much about it…..he eventually he was able to get one bad Chinese representative to leak some information….

Once the Chinese government found out that the European countries were learning about silk….the Silk Road disappeared….the world discovered how good the silk felt against the skin….now China is telling the world we are developing a new Silk Road with Iraq….it is a financial Silk Road it involves economics, and filled with sovereignty, independence, and territorial integrity….this is all international talk…..and it is encouraging.

Link to Part 2

Breitling I get this email a lot and please don’t take this personally, “I’m going through hard times…do you have a date and rate? Make me feel good.” I don’t. I do have a rate based on the numbers that we are looking at and that’s it. The best date that we have was before 2010. In that year they were supposed to get out of Chapter 7 and what were they supposed to do? what we’ve been watching…they were to start reducing the note count and it was going to be a 1 to 2 year process. Just like the 1 or 2 year process we are going through now except it was supposed to start in 2010.

Part 2:

Frank26:  Write this down….they use the USD to pay for imports….but that is being reversed…what do you mean….it’s being reversed….right now USD….STOP…..IQD….START….and if you want a date for that…IMO….December 31st.

Right now the battles go very well….we capture far more ISIS leaders than we kill them….why….well if you knew anything about logistics and statistics it goes well…..J-Tec is doing it’s job very well.

Do you remember after Abadi and Shabibi met with the Holy Man….Abadi are you ready…Yes…..Shabibi are you ready….yes ok let’s get these reforms done…..God told us to get started….the US didn’t tell you….NO…..God did….the infidels didn’t tell you….NO….God did….ok….let’s get to work.
….

Meanwhile Allak…get in here….no…..Allak get in here….around the 10th of a month the IMF, BIS, US all met with the Iraqis…..Dr. Shabibi you need to talk to Allak……Allak get in here….what were you doing with our reserves…I wasn’t doing anything…..Allak….what were you doing with our reserves while I was in limbo those two years working with the US……well Maliki told me to do this…..no he didn’t….well I thought he wanted me to do this……no you didn’t…….well I was counting on Maliki coming back…..so you were continuing with your stealing as though you were still working for Maliki…..we do not appreciate what you were doing with our reserves.

Meanwhile on Iraqia TV….all over information about what they are doing……they are being very accurate about the reforms…..they know Article 8 is before them they await this acknowledgement…..and they think they will get it when the RV starts….the 1 to 1….because it would be for everyone’s eyes….and right now they confuse…..and anyway they can confuse good for them.

Right now the system they use right now we are not going to see anything….they do not hide anything but it is very cleverly disguised….but soon….what is that on your nose….nothing…..but to the US Embassy to the banks…IMO….I told you it would be electronic…..from the Embassy to the banks….while the auctions do the electronics between the CBI to the banks in order to have the paperwork….we will escort the LD’s to the banks…..we don’t need anyone that calls us infidels telling us what to do….we do not trust anyone over there….we are in control….always have been…always will be….it is our software….our security….but you can have all the credit so we can wipe out the bad in the world.

Family this is another spoke of the wheel.

You think that oil is very low right now….IMO….the barrel of oil has not hit bottom yet….oil will go lower….therefore the big push to get into the RV NOW not in 2016….Family they were three weeks ahead of November 21st…..how far ahead are they now….if I had the desire I could tell you about Saudi and OPEC how they work with US….you know that……why……because ISIS used oil to make profit….to get money…..and to be a terror….we made whatever needed to be done with Iraq monetary reform to push it and hurry it along….oil has not hit bottom yet….it has served to choke ISIS to death….because of the price of oil dropping so dramatically.

Right after the first of the year….IMO….right after the RV….oil prices will go back up….but it must inflict more pain to ISIS now before it goes up.

LD’s in the US Embassy….because no one has the ability to attack the United States of America…..the embassy is the USA….go ahead and try to take them ISIS….go ahead….security….at its best.

You will soon be rid of me because you will leave….but those who stay will do some amazing things…..40 cents to 1…..it is because of the taxes and tariffs….but it is not for your eyes per se…..but we are not here to teach you that.

The RI is to welcome the 30 day lag period…..it is because of this 30 day lag period that the taxes and tariffs will receive their new coding…..and their new rate….the coding will go out to all the world….via invoices and these codes….yes these codes were ready two years ago.

So the IMF, USA….do you know in October…did you know the USA, the IMF brought auditors into Iraq….at that time all of this kicked in…we are in control of the MR and that is why it is about to happen……this is the ME…look at their philosophy…..you send them to school…..buy them books and they eat the covers…..look….when was this ready….. done in 2013…..to prove it to you….when was Chapter 7 lifted….2013…that was their first green light….then the second green light March of this year……before that we had to get Maliki out and Abadi in….with Abadi in…..no doubt that things have moved faster….much faster.

Conclusion…..Dr. Abadi and Dr. Shabibi are on the money and target to showing things to their citizens……the money…..so as I sort of come to an end….the auctions are your responsibility my KTFA Family that I love so much.

May I give you an example of what I think is a low auction….5 to 10 million…..an example of a high auction….something over 200 million…and I also want to describe to you that this will be a completely different auction…..I don’t want to call it a special auction…..but a completely different animal….remember it will swing left low numbers to hide numbers or to the right high numbers to expose the numbers….but a third option might exist….where they pair the two together…..what they need for that day and what they need for the LD’s….holy cow this animal of an auction will be so easy to recognize for the common person who doesn’t know what they study for that matter.

Delta is supposed to come in and give you information that he has to share with you.

Here is something else….this file disturbs me….every day we get calls on this…but we still get calls on this….asking me about this…..I told you not to do this….but my friend has done this….I told you not to do this. What God brings to you why do you allow man to try to multiply.

What I’m speaking of are all the groups who want you to give up your currency to give you a higher rate…how stupid is that…what form of desperation is that…..no Frank I just wanted more to help people….don’t lie to me or yourself……you have a million dinars and they will give you $3-5 for your dinars…and you give up your dinars……and it doesn’t happen….then you call Frank….

It frustrates me after what I’ve told you not to do….this has been going on since day one that I bought dinars…..some guy on a boat…..all US boats are US territory…..oh no Frank it happened on an Indian reservation that is o sovereign land…..no Frank it is this or that….get me a stupid stick to hit you with you…..people I love are doing this….I know them….I love them to death….but they are being used by people…..these people have good hearts and mean well….but where is the logic of going negative in your accounting….Iraq is not going to give you more than they will given you….they take your dinars and put them in some account somewhere…..they make so much interest for someone who took them from you….now you call me…what do I do…..you call me…..what do I do now Frank….it frustrates me….the ones that I said were illegal….the ones I called and told them what they do is illegal….no I can’t help you with it…..as much as I hate to say that….I can’t help you.

DELTA…come in.

FRANKIE…FRANKIE

DELTA are you happy….oh yes indeed.

Frank: So tell me brother what do you think they will do next week with the LD’s….well eventually they will sell the LD’s and begin to start building back their reserves…..they will build their reserves back to 91 billion….how will they do that…..they will bring the foreign currency back to the CBI to rebuild the reserves.

DELTA: Frank…..I like the discipline and security…..not like the four exchange firms that did not follow the rules but were fined and rapped on the hand.

DELTA:…absolutely…..every day you hear less and less about ISIS and DAASH.

Frank: I’m very proud of Abadi and Shabibi because they pay attention to the US because we are fully in control.

DELTA: I fully agree, they want to make sure this plan succeeds…they do a tremendous job, I agree.

Frank: When you and I were talking to ITEAM today how would you describe their mood.

DELTA: The ITEAM seemed very calm and confident today…..they have given more and more information to prove they are the real deal, this is the second time I’ve been with you and ITEAM and they seemed so calm and confident….they bring great information that is beautiful….for them to join us and give more and more information that makes me more relaxed knowing we are so close….that we are really there.

Frank: what is your comment….you remember isn’t it amazing when we had the Emergency CC that we would see the LD’s on November 21st….I have always said no we will see the rate next year…but you have been adamant that we would see the rate this year….and then with them getting ready to vote and pass the budget…..do you see them really speeding things up…..can this be attributed to the price of oil.

DELTA….it is about time for Iraq to move forward….I agree….whatever the plan was before they do want to move this faster….in my heart I believe this is the month we should see things happen….we agree…this year is totally different….so many things are going on….what all started this was the contract that Iraq had to sign with the IMF…that was the trigger…and then the oil prices…..Iraq is 99% dependent on oil…for it to fall so far…Iraq really hurts….we give the Family how much money they need to survive 7-8 billion dollars to survive….100 billion dollars per year…they could do this with 80+ for oil…but at 38 they cannot make ends meet now…..

They tried to push bonds…but no one wanted them….investors want to see something solid….all this time the currency is what was meaningful to the citizens and to the investors….we know that Abadi is doing a great job…..was supposed to activate the other markets away from oil….but they have to stimulate their currency…..but they are about to get lucky……there is no nation on earth that gets the support that Iraq gets from the IMF, the World Bank and others….why….they do not want them to fail….

Babylon will rise again…..the trigger…..when Iraq is recognized as international….all investors will see Iraq as serious…..the investors will flock to them…..Security has been number one….but believe it or not…..what happened in Paris has helped Iraq a lot….it’s unfortunate…but it has turned the tide on ISIS and terrorism overall…..I give it 6 months for DAASH to be cleaned out completely.

Frank: Family is asking questions…..we know electronically we know that the LD’s will be assigned to banks to leave a paper trail….we told them the LD’s cannot sit there more than 24-48 hours….so my question….I believe the LD’s are in the US Embassy and we the US military will escort them to the banks….how will the banks get them to the citizens?

DELTA:….IMO…the rate has to change…if I’m the CBI….if I’m going to put those LD’s in the banks…I have to have a rate for the LD’s to be sold to the banks….they have to have a good value for later to make money…..I’ll sell to you the bank….40 cents to you….now if the CBI will sell that without changing the rate…that would be illegal. The program rate is now 1182…..as their goal is to reach 1 to 1…the CBI will do the auction selling at the new rate….30 to 40 cents…..then in three to four months they raise it to a dollar….they will lose a lot of money….as an example…..I have 000’s notes…..I can exchange these to make money…..bottom line to this confusion…..the CBI has to offer a rate that is good for the CBI and the banks as well as the citizens and for us.

Frank: I agree….with our discussion with ITEAM today we may see first one then the other…but they will compliment each other. Another question….will the Iraqi dinar always be 1 to 1 on Iraq.

DELTA: The official rate all the time will always be higher there…..because remember in the ME the spread between the buy and sell right now is not that much difference…..in the west like in the US the spread may be 50 cents….but in Iraq or Kuwait it is much lower….yes the rate will come up to say 1 to 1…but with the spread it might be slightly higher…but the rate will be close to 1 to 1 always.

Frank: The budget is being worked on right now to be implemented next year….it is the same thing as we talk about the LD’s and the rate…..maybe we talk about the LD’s, the budget, and the rate all at the same time.

DELTA: We have a strong possibility of passing the budget either Tuesday or Wednesday….unless the Kurds make waves…..this will be the first time if it happens that the budget would be ready for January 1 to be rolled out.

Frank: Will the HCL be seen soon….ITEAM has told us that the HCL will be a part of the budget….the fourth part is the part to the citizens….we shared months ago that it would be a part of the budget.

DELTA: The HCL is important especially to the Kurds….but the HCL is not that important to the MR…especially with the oil prices being so down…..it is important for the part of profit sharing with the citizens….they are connected…everything is waiting on this rate….they cannot pay anything with IQD….until they are international….the HCL is more important for inside Iraq….they need the law for the export of oil for both Baghdad and Kurds…..as well as to the citizens…..like in Kuwait they have some profit sharing for the citizens equivalent to like $1,000/month/citizen…they are more stable though.

Frank: Delta aside from everything we are waiting on what is the mood of the citizens for Abadi and Shabibi?

Shabibi is well known…his Dad is also well respected so his family has a good history in Iraq…whatever happened between him and Maliki there was some corruption going on that he was not aware of…..as far as the citizens….they work paycheck to paycheck…they are dirt poor many do not have dinars….they are happy though that something is about to happen that the jobs will come back, that the economy will come back…..they wait in excitement…when they open globally then many others will inject money into Iraq…..Iraq will move forward with their MR…..what will happen then will be unbelievable….a river of investors for Iraq….they all wait patiently.[/color]

Frank: One more question…..our Family is very dedicated that we work for right Delta?

DELTA: I agree this KTFA Family I love and feel like they are mine….I love them all and feel like we are one…..some may know but some may not….all the things you and TINK do behind the scenes with the tremendous jobs you both do…..sometimes as a Family they argue but in the end we will be together….I love my Christian Family here, I try to give them the best that I can. We have so many plans after the blessing….and of course Hawaii….we have a beautiful and great Family.

 Frank: Will they stop the auctions before the 31st?

DELTA: I do agree…the acting governor of the CBI said the auctions will still have something going on….you will be able to walk into any bank and buy foreign currency just as you can in the US……but they will not be buying or selling dollars like they had in the past…..their IQD will become more important and worth more….the citizens will not use the USD any more….the CBI knows this and will do the right thing.

Frank: what happens to Iraq if they don’t stop the auctions on the 31st? They won’t have purchasing power…..they won’t be international…..they won’t have Article 8 lifted…..if they go into the first quarter…..it is because we are still working on it…..they are not in control of the monetary reform therefore they are not in control of failing.

DELTA: that is beautiful…..the authors of the plan do not want them to fail…..by the way Frank did you talk about the banking conference over Saturday and Sunday where Abadi came out and said this is the time to activate the monetary reform.

DELTA Summation: We are very close, expect the unexpected…..on the verge of something big happening…..if you don’t believe us go back and review the contract the IMF made with Iraq…..the bold statement that the IMF telling the world that Iraq will be international by the first quarter of 2016….then there is the ITEAM that gives so many confirmations that have happened….November 21st and remember it happened so much sooner…then Abadi coming out and stating it is time to activate the economic reform…..they need the currency rate to change….to start things….the ki cards are not activated yet…but will be with the rate….IMO we will see the rate before the end of the year.

Frank: I would join you…but I tell you…..let’s keep the peace….you keep 2015…and I’ll keep 2016.

Well Family I hope you liked your conference all…..Iraq…it is obvious what is going on….like a woman saying I don’t want any kids….but why are you 9 months pregnant.

News paper articles:

WSJ…..Wealth Management….be prepared…..The Surprising Relationship Between Charitable and Giving Taxes….this is very in-depth…you should look at this….why….because you will soon be Mr. Clampett soon….you want to diversity.

WSJ…..front page….Mystery of Missing Inflation Weighs on the Federal Rate Move…..there is no mystery of it if you understand what happened between 1990 and 1999 in Kuwait in how Clinton balanced our budget and paid much of our deficit…there is no mystery how history is repeating itself.

WSJ…….Central Banks are Worried that the Rate Increase will Come Undone.

You know what currencies I sell them….why do I sell them….look at the WSJ….picture of the Chinese Yuan…..don’t fear the Yuan basket….then look inside and read the report….you realize that goodness…there it is…there is no need to fear the Yuan basket.

I hope you enjoyed your conference call…..I was surprised by all this….that we would not be sharing with you unless we see the LD’s….we were not expecting this.

Ended in a Prayer.