Topic at TNT Chat: TODAY is a GREAT DAY for a CURRENCY EXCHANGE

[loechin] I know now that I know what I don’t know even though I know what I know….lol

[badgerbill] loechin GM Sir….will it show at Banks or Forex first? What are you thinking mid-morning?

[loechin] badgerbill The forex was to release sometime last night or early morning

[BigGameHunter] Well I tell ya, if Eagle1s intel is correct, with that Secret Service guy, WE ARE THERE, it’s just timing when Forex is gonna release it. I gotta believe Eagle1s intel is spot on.

[okrocks] You just never know what may surprise us… for all we know its processing its way to us right now… keep the faith

[smiles] I think when it happens, no one is going to believe it
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Read more Link on Right

[BigGameHunter] 7-24-2013 . Eagle1 Secret Service eye-witnessed Dr Shabibi signing the release of the rate and the date. Dr Shabibi transmitted the info to Ban Ki Moon at the UN. Eyewitnesses saw Ban Ki Moon signing off on the same paperwork and transmitted it to the director of Forex. Director of Forex was then given permission to push the button. Administration has numbers already. Mainstream media reporting Iraq given permission to ring the opening bell tomorrow (…can’t confirm that). They believe the CBI will release the rate tonite between 2am and 4am with the Forex to follow immediately to show UN operational rates of exchange. Might be in the banks tomorrow but most likely Thursday!! We believe we are there finally!

[ShawnW] I hope everyone is as excited as I am this morning….. this process has been really heating up over the last month…. its obvious that this process has been grossly underestimated by everyone, but IMO all of these dates as of late are all parts of the process being completed, and I am excited as ever as to where we are knowing the dates will be wrong and that is ok. I just want it to finish and expect everyone to be wrong until they are right….. We are in a great spot!!!!!! wrong dates dont negate the process that is unfolding, they just confuse it for us…..    

Foreseeing] For Yesterday Was One Bell That Can Not Be Unrung! So Here’s To The Old NYSE (toilet) And To The New NYSE Euronext We (beer) And To All of You That Believed, Comes Now The BLE (money) (money) INGS That You Have So Earnestly Waited For! (I know we are all wondering what is next,,,but just remember Everyone, Yesterday Was A Milestone In History And We Got To Be Part Of It!)

gman1] CountryGirl59 ShawnW …. Hawaiian banks open at 3pm Eastern, 2pm Central, 1pm Mountain, Noon Pacific.

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Wisconsin Dinar:  This guy is a currency trader and identified for us the 6 new pairings a week ago, has been pretty good with the information:

Contrary to what everybody or some may think, there was going to be no grand announcement specifically, regarding the revaluation of the dinar.

It was my impression that this speech by Ban Ki Moon and the commemorating NYSE Euronext joining the United Nations Sustainable Stock Exchanges (SSE) initiative, …blah,blah,blah, was simply a forefront to the introduction of the global reset – which is kinda what Tony said – of which IRAQ is an integral part.

This in turn allows IRAQ , as a part of this world wide global network rightfully take its place.
IMO this was a pre cursor to the release of a new internationally traded currency, without too much fanfare, and without notification on its own accord – in essence – just another currency making an adjustment to fit into the global market. Quietly and without warning. Not trying to cause too much of a ripple.

IMO the Next step –
Banks, FOREX, Currency Traders, CBI
Banks
It could just appear at banks – but HIGHLY UNLIKELY without it being able to be traded – otherwise how are they going to make money?

FOREX has to issue an announcement to all platform holders of a new currency pairing. CANNOT just appear on FOREX – has to be a ANNOUNCEMENT like I just received on the valuation change on the NZD. JUST NOW.

Currency Traders, they will know at the highest levels first – street vendors last. They too, have to make adjustments to their inventories and most are online – no problem – very few keep sizeable inventories – all done electronically.

CBI, if you’re watching that website to make your determination – you will be the last to know. They may not even change that website for days or put up the new one and not make the changes for 24 hours. Nothing new there. That’s not an OFFICIAL website for rates.

Anyway, you want to look at it – I believe we are in for another window shot of NEXT 24 HOURS thru Sunday – release of FOREX at 1500 hours EST.

BUT NOTHING WILL HAPPEN ON FOREX without a notification of a new currency pairing…till that happens – IMO I do not see it in the banks, therefore I do not see US in the banks till then. 

Thursday, 25 July 2013 12:35 | | |
(AIN) -Iraq forwarded a message to the UN Security Council in which it announced setting a legal mechanism to settle the Prisoners of War and missing persons file with Kuwait.
The UNSC had voted unanimously on transferring the pending issues between Iraq and Kuwait on the prisoners and missing persons file as well as the stolen properties of Kuwait to the UN mission in Iraq under the UN Charter’s 6th Chapter after relieving Iraq from the 7th Ch. in last June.
The Iraqi Foreign Minister, Hoshyar Zibari said in the message he sent to the UNSC on last Wednesday “After the decision of extending UNAMI’s mandate for a year, the two governments of Iraq and Kuwait succeeded in settling all the pending issues including the Kuwaiti missing persons file besides the Archive of the Kuwaiti Government. “
“The two governments could set a legal mechanism as per the UN Charter’s 6th Chapter to continue the search for the missing persons or their remains,” he

International Monetary Fund (IMF) expects Iraq to be a prime contributor to global oil-friendly
Editor: BK, BS 24/07/2013, 17:44
Said the International Monetary Fund, said on Wednesday that Iraq has become one of the leading countries oil production, as ranked second largest oil producer in OPEC and the third largest global exporter and fifth at the level of reserves estimated at 143 billion barrels, while expected to continue to expand oil production Iraqi the medium term to be key contributors to the oil-processing of the international market, despite the suffering of the challenges, the country is facing major financial challenges after three decades of siege and war, as you need to convert its oil wealth into assets based upon the processes of reconstruction and development continuously.
The report in the field of development achieved the oil sector, that “Iraq has become over the past decade and one of the leading countries oil production in the world,” noting that Iraq “boasts the equivalent of 143 billion barrels of oil, the reserves of the installer is the fifth largest reserves in the the world after Saudi Arabia and Venezuela, Canada and Iran. “
According to the report, that with “the arrival of Iraq’s production per day to 2. 95 million barrels in 2012 the past, it contributes to coverage of more than three percent of the processing of international oil,” noting that “Iraq is second largest oil producer in the Organization of Petroleum Exporting Countries OPEC OPEC, and the third-largest oil exporter in the world. “
The IMF said in its report, said that “Iraq’s oil resources have been strengthened since the 2011 arrival of the price of a barrel to $ 100,” adding, “But Iraq is facing at the same time Geo political situation is stable and down the spare processing power. ”
The International Monetary Fund forecast, “continued expansion of production of Iraqi oil in the medium term, which would make the country’s main contributors processing of the international market in oil,” returned to “the Asian region is the key to oil exports in Iraq, where the proportion of exports to the continent of bile from the 24 percent in 2005 to 53 percent in the past year 2011. “
The Fund, that “the infrastructure for export of Iraqi oil suffer from foot and that oil production in Iraq is facing challenges such as the need for facilities to pump water during the production process and the lack of equipment electrical considered key factors in the process of oil production,” and felt that “the Iraqi government is now focusing on building projects and infrastructure development for export facilities in the south and the north and west, and the establishment of storage tanks and pumping stations floating in Zubayr and Faw, which will hopefully be completed in the year 2016 and increase export capacity to five million barrels per day. “
The report also states that “instability in Syria hampered by Iraq’s plans to extend a new tube to Syria card 2. 25 million barrels per day,” he continued, “but part of the pipeline will be created through the modern card and one million barrels per day will be extended through Jordan to the port of Aqaba” .
Confirmed the fund in his report, that “bureaucratic dull that deal by the government with the oil companies is one of the other challenges that affect the process of the development of the oil sector, and delay the implementation of the projects,” he continued as the “lack of political stability and security in the country over these problems reflected its impact on Export and production rates. “
In the axis of his report, addressing the IMF report, tools of fiscal policy for Iraq, stressing that “Iraq is facing the challenges of fiscal policy great after 30 years of sanctions and wars caused by the presence of the needs of a very large country on the social and infrastructure development. ”
He believed the Fund, that “Iraq needs to convert its oil wealth into assets based on the processes of reconstruction and development continuously,” pointing out that “the Iraqi government is now working to pour oil resources in the economy of procedure, as it receives 100 percent of the resources of oil exports, and in turn decide how much spared abroad or transformation into the domestic economy through government expenditure which constitutes a significant impact on the operations of the major development in the non-oil sectors, stability and equality. “
The Fund, that “Iraq will depend on fiscal policy on a hypothetical scenario of income on the grounds that oil production will increase gradually rate of 400 to 500 thousand barrels per year to up oil production to 5. 7 million barrels per day by 2018,” likely to “grow non-oil sector increased by six percent to a rate of 51 percent of GDP in 2018, where the overall growth rate will remain conservative at the level of eight percent over the medium term. “
Point the International Monetary Fund in its report, that “the economic growth of Iraq has witnessed an acceleration from 5. 9 percent in 2010 to more than 8. 4 percent in the year 2012 the past, when the average oil production of
three million barrels per day, the highest level has been achieved during the last thirty years” .
He cited the fund in his report, that “the experts expect to increase growth in Iraq in the year 2013 the current nine percent with increasing oil production to about 3. 3 million barrels per day, and the recovery of activity in the non-oil sectors (government services, trade, real estate, construction and transportation. ) The report also noted decline in the inflation rate of six percent at the end of 2011 to 3. 6 Balima past the end of 2012, but is expected to increase slightly in the current year 2013. “
The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, announced (12 June 2013), the launch of the National Strategic Plan Integrated Energy (2013-2030), indicating that it will provide to Iraq six trillion dollars and ten million jobs, and they include construction of ports of export to raise capacity export to the country next year 2014 to six million barrels per day.
It is noteworthy that the IMF is a specialized agency of the system of Bretton Woods of the United Nations, was established by an international treaty in 1945 to work on enhancing the safety of the global economy, and is the Fund’s headquarters in Washington DC, and managed by its members who include all the countries of the world about their number of 186 countries

Iraqi Central Bank announces the continuation of currency auction on Thursday
Central Bank of Iraq, Wednesday, for the continuation of the bank auction for the sale of foreign currency on Thursday has nothing to do with the holiday granted by the Council of Ministers of the government departments and institutions.
The bank said in a statement, “It was decided to continue working auction sale of foreign currency for tomorrow, Thursday and considered a normal working day,” he said, adding that “next Saturday will also be on official business of the bank. ”
The Iraqi Council of Ministers decided at its regular meeting, which was held in the (current 23 July), disable the official working in government departments and institutions, on Thursday for the current week and next week due to high temperatures.
The General Secretariat of the Council of Ministers has decided in the (18 July present), to give an official holiday for government departments and state institutions due to high temperatures excluding the ministries of electricity and

25/07/2013 12:00 AM
Baghdad Shaima Rashid
considered the Commission on oil and energy parliamentary that political differences the most prominent obstacles that have prevented the adoption of several important laws of the country, especially oil and gas law, which it considered legislation that are no less important than the Constitution, revealed the existence of the movement to pass the law of the national oil company which could be a contributing factor in the enactment of the oil and gas, according to the Commission.
, and the way of approving oil and gas law, some of the obstacles which differs by region and center, especially things that pertain to revenue, and methods of contracting with international companies, as well as technical aspects other.
decision of the Commission on oil and energy Qasim Mchkta stressed the importance of the existence of a national consensus for legislation important laws, including the oil and gas law, which is considered of laws vital that comes after the constitution to its importance.
between Mchkta in an interview »Center Brief for the Iraqi Media Network», having set points related legislation this law , will be present in the meetings of the joint committees between Baghdad and Erbil, especially as the agreement signed between the central government and the provincial government last April includes the need to resolve this file as soon as possible.
noted that the joint committees between the Kurdistan region and the center resumed its work to resolve outstanding
issues between the parties, the center’s insistence shown by the National Alliance for the settlement of all files is different on them, particularly oil and gas laws and border demarcation and Article 140, which is the same thing expressed by the coalition of Kurdish blocs, when expressed welcomed the move which he described as »positive».
between Mchkta having moved into the oil and energy to resolve the issue of the law National Oil Company, which is one of the companies affiliated to the law, which in the case of moving this law, it is hoped to be a contributing factor in the enactment of the oil and gas with a national consensus.
and the Attorney that the law of oil and gas, important laws, which could work to organize the economic sector, especially as the oil constitute 95 percent of Iraq’s exports and 90 percent of the revenues of the federal government, so it can not be a sector of this size without the law is organized, warning that leaving the oil sector without the law is can offer it for many of the failures and problems in the future.
and on the main points of contention on this law, explained Mchkta that there are many points of contention, notably dependency Federal Council for Oil and gas insisted the Commission on oil and energy to be a body independent to carry out their duties, but that the opinion of the central government is to be affiliated to the Council of Ministers, noting that the point contentious second related to neglecting the government project for the role of producing provinces, as well as regions in the policy-making oil, and the other point is the formation of a body to end the differences oil on Contracts for the Kurdistan region and the federal government.
, it surprised a member of the Oil and Energy Committee Mutashar samurai survival of the oil sector without the law until far.
Samarrai said in an interview »Center Brief for the Iraqi Media Network»: There is no justification for the survival of the oil wealth is managed without law, pointing to the existence of trying to block the adoption of this law, especially with the presence of beneficiaries, without being called those actors.
, and continued: calls for action by law or in the version presented in 2007, is the most prominent solutions that could lead to the results lead to the adoption of the law, and in the event of a considerable constraints it is possible to modify some of the paragraphs of the

[Papa Bear]  GM  DINAR FAMILY

[Papa Bear] We are here to celebrate the new day that Lord has given us . Was nice to see my Buddy Sooner Fan came in for a brief visit last night

[sananddan24] Papa Bear all were expecting it last night any reason why it did not go?

[sambeaux] PapaBear Good morning you sly ole fox. I was trying to get Okie to buzz your house last night and wake you up, but he was worried about your blood pressure might go up.

[Papa Bear] Folks all one needs to do is look at all the world news here lately and you can see progress is being made.Also you should be noticing some hints

[sambeaux] Papa Bear That is wisdom beyond your years.

[krewser316] Papa bear at this point there should be no more reading between the lines. Time for full disclosure. IMO

[Papa Bear] krewser316 Are you sending out the email or getting a PP?
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Read More Link on Right

[sananddan24] Papa Bear you tell us if there was a reason

[Papa Bear] sananddan24 Not as of yet. Now can you tell us Why?

[Papa Bear] I will go with the Go approach and say stay grounded and calm. Our Lord will guide us

[canadagoose] Papa Bear Last night, I was trying to explain things to friends, put it all into perspective for them. And wow, there is sooo much going on/has gone on behind the scenes for this all to happen. The  RV  is such a small part even though it’s like an indicator that the other stuff is done.

[Papa Bear] guidance and the answer which Ive been telling you about for some time in SOONER FAN TIME.

[weneedit] Papa Bear sorry been grounded, that’s all we hear. We just want some truth not read between lines stuff. Sorry for being direct.

[Papa Bear] weneedit If you dont realize what Ive been looking for u havent been reading my posts

[goin4broke] Papa Bear do you have sources or intel?

[Papa Bear] goin4broke Humm isnt that an interesting question after all these years. Ill let others answer that. Dont feel the need for speed.

[Papa Bear] We are moving forward but not at finish line until email

[Papa Bear] goin4broke Different forum not as good .TOO much attack. If you have noticed other places through years also OOM Sentil and trying to help on 2 Cap skypes presently. My aim is to help!

[Papa Bear] cain321 If u have noticed Im not a rate or date person most can tell u why. I get in enough trouble in the Forest as it is

[Papa Bear] puppylove Bears are hard to capture but maybe if you correct spelling.LOL

[Papa Bear] DiddyKong Keep coming with those great posts

[DiddyKong]  yes sir and ty

[sonnayhwh] Papa Bear I’ve watched through the years many folk rise to the task of deciphering this thing. Many have failed and moved on. One thing’s been proven to me: This is a masterful Currency Play. Those conducting know just what they’re doing. I’ve settled for not knowing until I know!

[Papa Bear] sonnayhwh You are correct.Much higher paygrade than all of us and toward a HUGE PLAN

[Papa Bear] I would also like to Thank everyone who brings Tonys intel into our Castle. I bet he can make a great hotdog one of these days soon

[DiddyKong] Papa Bear i want chilli on mine  

[Papa Bear] DiddyKong You have a young tummy. I’d have to eat alot of honey first

[blessingsabundant] oucrazy I believe that does happen. At the time all is current, and then it changes. It is sad that the same ones that were so happy and overjoyed with the intel providers who came in last night, have done an about face and so down today or loose with their tongue about them in a negative way.

[Papa Bear] Please stick with your plans folks and remember this is just part of a longer journey that u will be quized on at the end!

[Papa Bear] TY   GREAT MODS AND SQ

[paradisegirl] Papa Bear a quiz? a quiz?? I’m outta here!

[Papa Bear] paradisegirl Your Father gives you the quiz of the lifetime.OK?

[paradisegirl] Papa Bear oh, ok – the BIG one – I can handle that!

AdminBob:  Banking sources: Outlook down the dollar against the Iraqi dinar in the coming days       24/07/13 05: 16

Parliamentary sources confirmed, that the rate of the Iraqi dinar will rise versus the dollar in the coming days in light of steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank said he expected the dollar to decline and that the rate of the Iraqi dinar has improved more over the next few days according to the indications of the Central Bank and the market.   LINK

AdminBob Site Owner:  Expectations down the price of the US dollar against the Iraqi dinar       2013.07.240057 economy/Arabic

Baghdad on July 24/Qena/economic sources predicted that the Iraqi dinar rose against the dollar in the coming days in light of steps taken by the Central Bank of Iraq.

Read More Link On Right

  The CBI said that parliamentary officials and economists praised the reduction in the exchange rate of the dollar and rise of the dinar in the light of steps taken by the Central Bank and banks in this area, which is reflected in this activity, expected to continue this decline of the dollar and the dinar improved more during the next few days, according to the indications of the Central Bank and the market.

The report recommended that the International Monetary Fund Iraq the pace of structural reform to boost growth and job creation in the private sector, and the need for continued governance of the Bank’s foreign reserves and the Development Fund for Iraq.

A bank source said earlier that Iraqi banks Association agreed with the World Bank to reduce the cash dollar exchange rate to 1180 DT instead of 1,184 Iraqi dinars from last Sunday and predicted that all banks responded to this initiative, stressing that such a reduction would bring significant benefit to the citizen.  Qena 1011 GMT 2013/06/24  LINK

ReVbo:  “A bank source said earlier that Iraqi banks Association agreed with the World Bank to reduce the cash dollar exchange rate to 1180 DT instead of 1,184 Iraqi dinars from last Sunday and predicted that all banks responded to this initiative, stressing that such a reduction would bring significant benefit to the citizen.”

The 4 pip reduction can’t possibly be the “significant benefit to the citizen” he’s talking about, right?

He’s got to be talking about the big change that comes once they’ve got the rate stabilized at near the program rate, because 4 dinars per dollar at a rate of 1180:1 is saving Iraqis a third of a penny, and a third of a penny is hardly “significant.”      Ordo ex Chao

PGLD:    That’s been my contention all along Rev. The think a 4 pip move is going to work wonders…I don’t get it. Turki’s “surprise” is going to be moving a handful of pips, lol. Now they can buy a piece of gum and put another piece on layaway with the “significant” increase.

The biggest influence the world can have over them is to overtly pull out all investments and any talk of investing, and have a Mexican stand-off. We’ll see who blinks first. Has everyone is iraq forgotten the benefits of the “former glory” fo the dinar value?

Kaperoni Moderator:       ReVbo, this IMF doc is a great read.  Pages 28-32 explain how countries exit a closed monetary policy and engage in a float.   It is posted in the Research Library, but here is a direct link and some highlights…it is very encourging when you compare what is stated in this, to what we are seeing with the CBI.  LINK

  “Early preparation for an exchange rate float can bolster the chances of success of the exit strategy gradual or rapid. Many of the operational areas require substantial time to build and the groundwork should be laid under the peg.”

“Several aspects of the operational prerequisites—including securing central bank independence, improving inflation forecasting capacity and monetary policy transparency, developing information systems on foreign exchange risk, and increasing information on balance of payments developments—can be undertaken early on, even before exiting a peg.”

“The second stage may involve allowing some exchange rate flexibility to stimulate foreign exchange market activity, and continuing to develop other operational areas. Intervention policies can be addressed at a relatively later stage, once greater exchange rate flexibility is embraced.”

“While the pace of exit is not a matter of choice under disorderly exits, the authorities still need to prioritize among the operational requisites to manage the flexible regime. In this regard, stabilizing the exchange rate is usually the top priority, given the extremely high level of volatility following the exit, particularly in emerging market economies (Figure 5).”

“Stabilizing the exchange rate, in turn, often hinges on eliminating the dollar shortage in the market and maintaining monetary control by avoiding massive liquidity support for the financial system (Berg and others, 2003). Efforts should also be made to signal a conservative monetary policy stance, although the explicit design of an alternative nominal anchor would probably take more time. “

Kap:  We can see from this document that the CBI is following the book prior to leaving the closed monetary policy they currently are in.   They want to stabilize the exchange rate, eliminate the dollar shortage (huge auctions as of late) which then in turn will act as a “buffer” during the transition.   

Personally, I think Turki is getting ready to launch the dinar internationally (Forex) and what we are seeing from the CBI is those preparations.  That will be the “surprise.”

ReVbo Moderator:          That wasn’t my point, PG. I think he’s saying something like, “I know it doesn’t sound like much, but getting the street rate and the CBI rate in line is going to bring a great benefit,” which will be the liberating of the exchange rate to international convertibility,

 and an actually-significant increase in value, not just 4 pips, but he can’t say that, so it comes out sounding like he’s trying to convince Iraqis that 4 pips is a big deal.

As tlar has been saying, these banks can’t continue to sell at 1180, or even 1184 for that matter, for very long, so if the 4 pips is indeed the “great benefit,” it will be a very short-lived benefit.    Ordo ex Chao

Tomceejay:         4pips would not be the big surprise Turli has spoken of

Kaperoni Moderator:     Turki is just greasing the wheels before the road trip…sit back and let it come to us

ReVbo Moderator:  My father, who goes by the handle “Zee” on DA, just made a great point, which expands on tlar’s, about this new program. It should be the CBI taking the hit here, not the independent banks.

Instead, CBI continues to make its 13 dinars per dollar and the banks make nothing?! If I’m an independent bank president and Turki comes to me asking me to forego all my profit while he sits up in his ivory tower collecting his 13 dinars, I’m going to tell him to stick it. Unless… ;)   Ordo ex Chao

Terry:    ReVbo, I agree 100%. There has to be a big IF. and we all know what it is.

Money_Matters:   Great post Kap!  We will keep our eyes open to see if this is true..

Mike:    Thanks for the explanation Kap. I, too, was disappointed at a 4 pip move but when you put into context everything changes.

Tlar:       It begs the question “what’s in it for the for profit banks to give up the largest part of their profit”?

 We know it can’t be patriotism because some of these banks are owned by foreign nationals and foreign investors. The stick is the banks are taking an immediate hit on their profits which they can’t do for long.

Maybe the carrot is such an improvement to the rate that the average Iraqi starts using the banks again. We know that this commission is more important to at least some of these independent banks because they have stated that they make more money selling dollars than they do on the depositors.

Some banks even favor the sales of dollars over their regular account holders. We also at least think that nothing will change the value of the dinar until these rates are within the proper range of about 2%.

If this plan of the independent banks temporarily making no profit on sales of dollars works, their has to be a reward or a pretty decent incentive of some kind that terminates this plan.

If it is not achieved within 30 days this plan is kaput as these for profit banks will definitely say enough and gravitate back to profit in order to survive as any company must. I see this as putting the currency in a pressure cooker and it puts the CBI on a Shiite or get off the pot situation.

 If the plan is successful the CBI will do something relatively quick. If this plan does not bring the rates together, Turki will be fighting an even worse uphill battle to get these rates right as these same banks that are doing these “selfless” acts backfire on the CBI. I think Turki is taking a risk here and I just hope it works.

Kaperoni Moderator:     The thing is, 80% of currency auctions are handled by private banks..and their primary source of revenue.  Now, we know that has to change..and the banks need to stop being currency traders and start functioning like banking institutions.

 I posted a few weeks back an article with staggering numbers…next to nil on deposits and no access to capital for investments. So IMO, the CBI is trying to transition them..not so much to stop the auctions, just rely on other services for revenue. 

And that only makes sense if the CBI is going to support them by accepting Article VIII of the IMF and making the dinar internationally convertible.  An influx of capital will then come in.

Tlar:       Well said Kap. I might add that the 80% banks have relied heavily on the sales of dollars to stay afloat. By nature no company will sacrifice itself and its own well being without some kind of a major incentive. I think you just supported my argument above with this sentence,

 “I posted a few weeks back an article with staggering numbers…next to nil on deposits and no access to capital for investments. So IMO, the CBI is trying to transition them”

 Again what company would sacrifice the only area of profitability without some kind of assurances that the sacrifice will yield a better result. These banks are sacrificing today for a hope for a better tomorrow.

ReVbo Moderator:          Amen, tlar and Kap. If this doesn’t do it, nothing will. As a business owner myself, I have all too personal experience with this. You do a loss leader like this, hoping that it will bring you some real benefit in the near future.

If it doesn’t, you stop, and you look, with major skepticism, at the scam artist who asked you to step out on that limb. These banks are taking a serious risk, just by being banks in Iraq.

If they are not quickly rewarded for “taking one for the team,” so to speak, they’re gonna bail on this program as quickly as they got in.    Ordo ex Chao

Kaperoni Moderator:     Tlar, take a look at this…  I think this is ur sales job…

http://dinaralert.webs.com/apps/forums/topics/show/9189809-the-association-of-private-banks-to-shield-the-governor-of-the-central-bank-

joeg:      Kap, thanks, great explanation about stabilizing the rate.  With the IMF report and some of your recent explanations, I actually feel better about this than I have in a while.  Although we disagree on the timing, you give me comfort in believing that something will truly happen eventually to make us rich.  Thanks again.

Tlar:       Thanks again Kap.  I think you are right.  This is the meeting that was decisive in the Associations decision to make no money selling the dollar.  I would love to read the minutes from this meeting as it appears it was well represented by the pro “increase the dinar” crowd.

Oldtown:  Kap Tlar how long do you think the banks are going to do this a week 2 weeks what

U mad bro?:  oldtown, I think it is saying. .

“the rate of the Iraqi dinar will rise versus the dollar in the coming days”

Tlar:  oldtown,  I would be surprised if it goes 30 days.  I8 am cautiously optimistic.

U mad bro?:  Tlar, is it your opinion that we will see Iraq move to article VIII sometime in next 30 days?

Tripphood:         Thanks to all, very good analysis of the information at hand. I believe that you have restored a little more faith that we will see positive results……soon. You guys must have a lot of time on your hands to make sense out of all of these articles. Thank you all for what you do, it is much appreciated.

Enorrste:   Once again I agree with KAP entirely.  This stabilization move on the part of the CBI will get it to 1166 shortly and it will then hover there, stable as a rock, until the announcement of the free float.

Incidentally, the word “pip” is the wrong one to use here.  We should be using the word “point”, since a “pip” is 1/100th of a point.  FYI   Enorrste

Punisher:            I would love to jump for joy like everyone in this thread but we have heard “in the coming days” for a long while now and should already know what it means…months! The good news is August is next Thursday and by the time we know it we will all be yelling Happy New Year :)

AdminBob Site Owner:  Banking sources: Outlook down the dollar against the Iraqi dinar in the coming days    Thursday, 25/07/2013 | Source:

Parliamentary sources confirmed, Tuesday, that the rate of the Iraqi dinar will rise versus the dollar in the coming days in light of steps taken by the Central Bank of Iraq.

According to a source in the Iraqi Central Bank “parliamentarians, officials and economists praised the reduction in the exchange rate of the dollar and the high price of the Iraqi dinar in the light of steps taken by the Central Bank and banks in this area, which is reflected in this activity”.

The source stressed that “this is expected to continue to decline for the dollar and that the rate of the Iraqi dinar has improved more over the next few days according to the indications of the Central Bank and the market.”

The report recommended that the International Monetary Fund, Iraq the pace of structural reform to boost growth and job creation in the private sector, and the need to continue the rational management of the foreign reserves of the Central Bank of Iraq and the Development Fund for Iraq.

The Bank had earlier said (19 July), that Iraqi banks Association agreed with the Central Bank reduced the cash dollar exchange rate instead of the dinar to 1180-1184 Iraqi dinar as of last Sunday, with the expectation that you responded to this initiative, all banks, he indicated that this reduction will bring great benefit to the citizen. LINK

DarbSalad:          It will bring minimal benefit to the citizens.  Still have a national currency will very little purchasing power.  I believe the per capita income in Iraq is barely over $4,000.00.  They will not boost growth and job creation in the private sector until they start this float.  The CBI continues to defy the recommendations of the IMF.

PGLD:    My sentiments too Darb. I’m struggling to understand the “great benefits to the citizens”, or any group for that matter.

7-24-2013 WILDDUCK:   WELL IT IS LOOKING REALLY GOOD. WHAT HAVE I BEEN SAYING, THINGS LIKE, HOW LONG CAN YOU HOLD IRAQ BACK. WE ARE IN THE WEIRDNESS ZONE, CHINA IS LARGE AND IN CHARGE. [your thoughts on tony info today and closing bell??] ON YOUR MARK, GET SET WAIT FOR THE BELL DO NOT JUMP THE GUN. OK. WILL KNOW SOON ENOUGH. MY ROOTS HAVE NEVER WAVERED, THIS IS ALL ABOUT A GLOBAL RESET.

[Where did the idea come from or who said it – that the closing bell had something to do with Iraq?] NOBODY, IT HAS A LOT TO DO WITH THE NEW FOREX SYSTEM AND BASIL III. IRAQ IS PART OF THE THE BIG BASKET OF CURRENCY THAT ARE ALL GOING ON THE NEW SYSTEM THAT IS TRANSPARENT. I HAVE TOLD YOU NO ONE IS GOING TO RING A BELL AND SAY IRAQ DINAR GET IT WHILE YOU CAN. THIS IS THE CAT OUT OF THE BAG THAT THE WORLD HAS CHANGED RIGHT BEFORE YOUR EYES.

THIS IS…THE CLOSEST IT HAS COME AND THEY HAVE HAD THE PRESSURE ON FOR 3 WEEKS. HANG IN THERE THE PAYDAY HAS ONLY GOTTEN BETTER FOR YOU WAIT…NO WORRIES AS THIS RIDE IS PULLING INTO THE STATION IMO.

Post by BulldogFord65 » July 25th, 2013, 1:26 am   •  [Post 116] 

 Family: Here are the conference call notes from Wednesday night call
Blessings to each of you!


Frank26 IQD Update after Investment Night Wednesday, July 24, 2013

• Two weeks ago, Frank and Eagle1 agreed they will no longer give the intel they receive from their sources which discuss specific dates for the release of the rate; on last night’s conference call Bluestar read an intel report from Eagle1 which gave specifics from his sources –

and on the call last night Frank specifically said that he does not agree that the rate would be released in the timing that the intel stated – he did not agree that the rate would be released last night and said that on the call last night

Read More Link On Right

• THERE IS NO DATE, THERE IS NO RATE, PERIOD

• Frank’s physician has ordered him to reduce stress; he is taking control of the conference calls and has asked forum Admins to control the posts; there will be more discipline to prevent stress and messes that have to be cleaned up; if any disagree, post constructively with articles, but negativity and inappropriate chat on the CC’s and posts on the forum will be deleted, and those who continue will have posting privileges suspended and Admins will have to approve every post

Delta came on the call at this point

Frank read article from Bandit post 133: Article 4 consultation consider creating the conditions to allow a more flexible exchange rate; this is a great article, great news; Delta agreed and will talk more about it, as well as some things the CBI is doing; the full IMF report came up on the website a couple of days ago

Frank asked everyone to look at Megawatt’s post 347, it’s a graphic of the investment supplementary budget – looks like a Monopoly board game

Delta started with the IMF articles, they are beautiful; the IMF held 2 consultations with the CBI and told them they have to work as fast as they can to adjust the market rate to as close to the actual rate as they can; the CBI came up with a plan 3 – 4 months ago and they have done an excellent job of closing the gap to approx. 1300 dinar to the dollar

• Yesterday the CBI did the auction, and for the first time since Turki took his position in the CBI, the rate went to 1208; this is a market price; only about 42 dinar separate the actual rate and the market rate; this is fantastic

• There is a way to find out the banks participating in the auction, but it’s only on the Arabic side, not on the English side; about 80% of the numbers are done electronically, but most important to us is the cash portion – so a letter is sent in advance asking for the amount of money they want to purchase, and it includes a cash option; the CBI uses this to control the physical cash

• The Council of Ministers announced this Thursday and next Thursday as official holidays – but the CBI is still having auctions scheduled for those days, plus Fri and Sat – they are having auctions 6 days per week which is giving them the time to control the rate and close the gap as low as possible

• Iraqia TV said there will be significant drop in the exchange rate to the dollar over the next few days, and banks are even offering to sell US$ without commission – this is excellent news for our investment; this shows the coordination between the state banks, private banks and the CBI – there is an urgency, and there is coordination and team work

Delta has not seen auctions at the CBI on holidays before, they need to do this to control and bring in the rate

Delta commented on post by Memphis where Memphis caught a disclaimer in the IMF report that they can delete any sensitive information from their reports, so what we are seeing is not complete – the exchange rate is confidential and not included; can see this report on the IMF website

• Why is the CBI trying to close the gap US$ to IQD? They are trying to end the citizens addiction to the US$ and make them fall in love with the IQD; should see the rate continue to go down, the next few days will be interesting

Delta reinforced NO ONE KNOWS THE DATE OR RATE!!! Just look for patterns and break in patterns – notice the CBI working on holiday and weekend – there is sense of urgency and something is happening

• Iraq is out of CH7, and they are obligated to follow the rules set forth by the UN; the UN wants money, and they also will profit from raising the rate; it is coming soon

• Regarding Qi cards: Delta has been talking about them for a year; it’s essentially a government/state bank-backed pre-paid card; they are trying to copy USA technology; the Qi card was created in 2008, and could only be used INSIDE Iraq, but 3 – 4 months ago, announced that by end of July the card will be able to be used internationally; Mastercard came in and the MC logo is on the card and will become international status

• Any Iraqi citizen can go to the bank and get a Qi card, even if they do not have a bank account; it contains all of the person’s identity information; the generation 2 card will have many new features added, and can be used internationally when the rate comes out; income deposits can be made directly onto the Qi card

• There cannot be a contract with Mastercard if there is no international tradable currency!!!

Delta said the next question is can the go international on the Qi card with the 1166 rate? NO; why not? If you go to the IMF website, since 2003 – 2004 it states 1166 is a program rate while Iraq under sanctions; they are out of CH7, but they need to go into CH8 (int’l currency status), and Delta’s opinion is that Turki’s letter with the rate was submitted to the IMF but it was deleted from the published report as confidential information; this is not rumor, it is fact – you can go to the IMF website and read it

Eagle1 came on the call at this point

Eagle1 question for Delta with regard to the time limit imposed by the IMF, does Delta have any information?

Delta replied in his opinion the Letter of Intent from the CBI to the IMF accepted CH8 and the rate was deleted in the published report; Delta believes the time from when the IMF said they must raise the rate is 30 days, but it’s not known when the 30 day window began

Eagle1 asked to confirm that we don’t know when the 30 day period began?

Delta responded that there were 2 IMF consultations with the CBI in March and May, but no, not know when the 30 day window began; what is known is that the Qi cards are stated to be international by the end of July, so in

Delta’s opinion, this would indicate a rate by the end of July, but again, no one knows for sure; but, there is urgency, especially with working on the holidays this week and next week

Frank asked about the HCL – does Delta believe we need to see the rate before the HCL, or at the same time?

Delta said the HCL is important but does not have anything to do with the monetary policy; if the HCL is not passed for 2 – 3 years, will the currency be held up? No, Iraq could not do business with oil companies without the rate

Delta’s opinion is that the HCL will probably not be passed this year; the Kurds want each state to be able to enter into contracts with oil companies without going through the central government, they want to be free to contract with any nation or company;

Delta believes in his opinion that HCL does not have anything to do with the monetary reform;

Delta believes that the opposite is true, the rate should come out first, and then the HCL; the HCL is the profit sharing, it is logical the rate comes first, then the payment of the profit sharing

Delta stated that “1,000% sure” the LD’s are printed and ready to go when the green light is given; right now Iraq has obligations to follow with the IMF

Delta’s opinion is that the HCL has nothing to do with the monetary reform

Frank asked Delta if he truly believes that the rate will be visible this month?

Delta replied that in his opinion, if the article is correct about the Qi card being international by end of July, so watch for articles about the Qi cards international status; yes, there could be more delays, no one knows the date/rate; but seeing the urgency in the auctions on holidays this week/next week, something is happening – huge break in pattern! THIS IS NOT A DATE!!

Frank said that he and Delta are in agreement; they have been following the Qi cards since February, and they are “key” to the rate

• The US embassy in Iraq is helping Iraq to accomplish so many things – to upgrade systems, get prepared – and it’s all about the money!!

Delta said no matter what happens the monetary reform must go through, it’s all about the money

Frank said the Qi card is so advanced, it will prevent money laundering and fraud; notice what companies and banks are in the Green Zone – they are helping advance Iraq’s technology; watch the Qi cards!

Delta was supposed to have dinner with a GOI member last week, but put off to next week; Delta did ask some questions to this contact already; one was are LD’s printed? He replied “yes;”

 Delta asked are we getting close, He replied “yes;”

Delta asked is Iraq in control (of the date)? He replied “no” – the order has to come from outside Iraq

• The server for the CBI is in Houston, TX; all of the government website/servers/hosting is in the USA; do not see this with other country’s central banks

Frank asked if Delta recalled China arrival in the NE USA to discuss gold; this week, Vietnam just arrived in the NE USA – this is not a rumor, it’s confirmed; this is amazing, this is huge

Frank asked what if we don’t see anything as of Aug 1? Don’t worry, they are working on it!

Bluestar came on the call at this point

Bluestar apologized for sharing the intel last night – and reminded everyone that Frank stated it was not set in stone, he shared due to having 3 sources with same intel

Bluestar asked with respect to the Qi cards, have they been distributed to the entire populace? Delta said no, they are not forcing everyone to have a Qi card;

Bluestar asked if the article can be posted again on the forum

Frank reminded us to study the Qi cards

Frank ended the call with singing “Amazing Grace”         

[The s family] Million do you think the formation of the fed. Counsel could be a piece to this large rv puzzle?

[momface] Waiting for…they are making progress ..daily  Huge difference from constant boycotts and walkouts like last years  Smile

[millionday] The s family i think it is needed in the country but do not agree that it is the hold up of the entire economic system

[bluedog2] momface true story

[wmawhite] millionday millionday …….it was also explained to me that once the Federal Council was in plce the budget would then be opened………because, the Federal Council is the group that will oversee the distribution of the monies from the budget.

Read More Link On Right

  [millionday] He called on the mass Mohammed Allkash ‘Secretariat for prime minister to send public pension law for the purpose of discussion in the parliament as soon as possible service to the public interest.

The Allkash said in a statement to the newspaper “integrity electronic” need for the Council of Ministers to send public pension law for a first reading in the House of Representatives for the purpose of justice to a large segment of the Iraqi people.

The Allkash said that “there is a set of laws stalled in the House of Representatives and the Council of Ministers as a result of political polarization happening between now and then the political process in the country.

[The s family] Ty

[wmawhite] place

[millionday] wmawhite that is what i disagree with — the ministery of finance and the cbi and the budget itself along with multiple overseeing committees is what i have found  ministry

[millionday] but will do some more research and see what else i can find on it for us later brb with more

[wmawhite] millionday millionday …………I like your opinion more.

[millionday] me too  smile

[wilbur48] inance Committee: Iraq’s participation in the Arab Banking Summit will support the Iraqi banking system Baghdad (news) .. He favored the Vice Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed iceberg God, to enhance the contribution of local banks with the investment in the Arab and developing the economy of the country after Iraq’s participation in the Arab Banking Summit after a long absence for two decades.

 Faizullah said (of the Agency news): The participation of Iraq in the Arab Banking Summit after missing about twenty years ago will return Iraq to the regional surroundings and take an important role, especially in the banking field.

 He added: It’s like so conferences and summits Arab enhance the evolution of the Iraqi banking system because it will make a joint work between local banks and the Arab and perhaps pay of Arab Banks discreet to open branches in Iraq to contribute to the promotion of the investment process and economic development of the

[wilbur48] inance Committee: Iraq’s participation in the Arab Banking Summit will support the Iraqi banking system Baghdad (news) .. He favored the Vice Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed iceberg God, to enhance the contribution of local banks with the investment in the Arab and developing the economy of the country after Iraq’s participation in the Arab Banking Summit after a long absence for two decades.

 Faizullah said (of the Agency news): The participation of Iraq in the Arab Banking Summit after missing about twenty years ago will return Iraq to the regional surroundings and take an important role, especially in the banking field. He added: It’s like so conferences and summits Arab enhance the evolution of the Iraqi banking system because it will make a joint work between local banks and the Arab and perhaps pay of Arab Banks discreet to open branches in Iraq to contribute to the promotion of the investment process and economic development of the

12:35 PM [wilbur48] of the country. It is worth mentioning after a lapse of more than two decades of Iraq participates in Arab Banking Summit held recently in Vienna, which suffered widely welcomed internationally.

[millionday] very good report wilbur — we talked extensively about that summit

[millionday] that was the one that had all of the commerce needs ect with it  and the demands for activation of the investment laws that are in place   and the tarriff if i remember right

[millionday] there are some that are saying the tarriff is not done — the ammendments to the combined years they plan to use is printed according to my research

[CaliDreamers] I thought it was printed in the Gazette already??  About the Tariff laws, that is

[Fresh] CaliDreamers I know it mentioned “to be printed in Gazette” or something like that…

[brett123] CaliDreamers so did i i thought millionday said that yesterday

[millionday] yes it is according to what i had in ink this is the one i like >>>>>

[bluedog2] millionday Tariff and Customs were published in the Gazette two days ago. Is there an amnesty bill that needs to be done as well?

[millionday] Parliamentary sources confirmed the economic that the price of the Iraqi dinar will rise against the dollar’s decline in the coming days in the light of the steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank for “obelisk”, “The parliamentary officials and economists praised the decline witnessed by the exchange rate of the dollar and the high price of the Iraqi dinar in the light of the steps taken by the Iraqi Central Bank and banks in this area, which is reflected in this activity.”

 The source added that “it is expected to continue this decline of the dollar and that the Iraqi witness Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement.”

[millionday] bluedog2 i will have to find that one out not sure if it was done at the last release or not

[bluedog2] millionday ty

[Fresh] there’s that “in the coming days” – I love how they use that phrase

[CaliDreamers] so do i

[millionday]

[momface] They can’t keep telling this to the citizens and not act….the citizens won’t accept that imo

[bluedog2] Decline of the dollar is in country, as in decline in popularity…correct?

[faith1] in coming days… well we see progress from soon !!

[millionday] correct  anyone else have anything ?

[brett123] here we go again 3 steps forward 2 steps back

[wilbur48] I now tell all bill collector “in the comng days”

[millionday] they are expected to be closed tomorroe for work

[hbladyfish] is that the cbi that will be closed millioday?

[bluedog2] faith1 used a bad word…

[faith1] wilbur48 I’m still telling them soon !! OH Bad word ,, Bad , bad word !!

[anonymous1] Śørrÿ wãš wörkīñg. Rv cłœśę

[anonymous1] . Do those come through

[anthonlcs] IQD to witness biggest improvement over the next few days, says CBI and committee members Posted: July 24, 2013 in Iraqi Dinar/Politics Tags: Central bank, Central Bank Iraq, Chapter VII of the United Nations Charter, exchange rate, Iraq, Iraqi Central Bank, Iraqi dinar, List of banks in Iraq Banking sources: expectations down the dinar against the dollar in the coming days Parliamentary sources confirmed the economic, Tuesday, that the price of the Iraqi dinar will rise against the dollar’s decline in the coming days in the light of the steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank for “obelisk”, “The parliamentary officials and economists praised the decline witnessed by the exchange rate of the dollar and the high price of the Iraqi dinar in the light of the steps taken by the Iraqi Central Bank and banks in this area, which is reflected in this activity.”

[anthonlcs] The source added that “it is expected to continue this decline of the dollar and that the Iraqi witness Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement.”

Recommended that a report by the International Monetary Fund (IMF), Tuesday, Iraq pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq.

The banking source familiar confirmed for “obelisk” in (19 of July of this), that the Association of Iraqi banks agreed with the Central Bank to reduce the dollar exchange rate cash to 1180 dinars instead of 1184 Iraqi dinars as of last Sunday, with the expectation that you responded to all banks For this initiative, he pointed out that this reduction will bring great benefit to the citizen. http://bit.ly/19hGDsA

[faith1] millionday so Iraq entering the NYSE , is carp… ??

[millionday] faith1 ringing bell is

[faith1] hummmm !!

  [millionday] i just wonder if the small change was to check banks and data

[millionday] thanks hun for the article

[bluedog2] faith1 UN statement clearly states EUROnext and Iraq. NYSE says Ban Ki Moon will ring closing bell in honor of EUROnext, and no Iraq

[millionday] its says few days not coming days at least — amile

[anonymous1]  Stüpïd gûrúš

anthonlcs] millionday yw

[wilbur48] soooon

[brett123] millionday i watched a video un press conference stating iraq would be ringing closing bell at 4

[millionday] strange i watched one that said moon was — do you have a link ?

bluedog2 video i watched from un clearly stated iraq not moon

[letsroll] usually isn’t ringing the bell @ the exchange symbolic of joining … ?

[wilbur48] give us that link please

[bluedog2] brett123 it was regarding EUROnext, and Iraq, if same one I watched, but NYSE closing bell celebration sponsored by UN says nothing about Iraq

] millionday it was the one from eagle1 on recaps at the 5.19 mark on the video

bluedog2 i just watched it an hour ago

[faith1] bluedog2,, so EURO is entering NYSE,, but Iraq is next?? It’s confusing..

[baggr42] Maybe they were talking about the Moon Over Iraq would appear in the coming days

[bluedog2] faith1 actually, the other way around…NYSE will participate in EUROnext trading

12:57 PM [brett123] i am going to go watch it again now

12:57 PM [wilbur48] baggr…

12:57 PM [baggr42] Just triing to lighten the room a little

12:57 PM [anonymous1] Which is kinda funny because Europe is having all sorts of issues

[faith1] didn’t Europe just bet bunches of monies from Kwait ??

[bluedog2] anonymous1 This is a UN deal… NWO stuff.

[millionday] goodness

[anonymous1] I know it’s awful just my point This has to do with carbon credits which will kill not only business but countries

[bluedog2] the NYSE statement is in forums. I brought it this morning, and belabun posted it

[wmawhite] brett123 …..the unwebtv stated that Moon was doing the honors.

[baggr42] millionday Is that a good…goodness or an oh my gosh goodness?

[millionday] the video that i watched twice stated that moon was ringing the bell and it was europe if i am not correct i am sorry but no statement of iraq except the prisoners escape

[brett123] i just went back and watched it again and it said sec general joing needimyer or something like that i stand corrected

[millionday] smile  no problem hun — it is very hard to hear

bluedog2] I got intrigued by the presenters facial expressions, and watched that video several times. It was as if he got nervous mid-stride, and his complexion changed, and his eyes all of a sudden appeared as if they were going to pop.

1:04 PM [bluedog2] I re-wound it several times.

1:04 PM [millionday]

1:05 PM [anonymous1] I have come to the conclusion and my wife helped me to it. That there is no point in fighting it. Just enjoy the ride. Politics are only a distraction from the really important things like God relationships kids ect. It’s all has to happen so Just go with the flow.

[bluedog2] anonymous1 your wife is wise.

[tiger_ag] just got here but it seems the consensus is that we are close and there is some article circulatiing about the dinar rising and the dollar decreasing?

[baggr42] anonymous1 I agree

tiger_ag Yea but what do they consider a rising that is the question

[anonymous1] My wife is very wise she was well raised lol. I’m still growing up

[tiger_ag] baggr42 from 1180 to 1000 chuckles

[letsroll] anonymous1 … my wife just wants money …..JK

[dlherm] Do men really ever growup?

[faith1] millionday if there is no chance of Iraq being put back under chapt.7 sac. ( I was very mis-understood on that, but naw am clear) my Q is why would they have to Increase the IQD value,,,, what gives them insintative to increase .. ??

[bbgene] FYI:24 Jul 2013 United Nations Secretary-General Ban Ki-moon Visits the NYSE and Rings The Closing Bell® to Commemorate NYSE Euronext’s Participation in the United Nations Sustainable Stock Exchanges (SSE) Initiative

[faith1] now

[bluedog2] dlherm what is the point of that?

[baggr42] Can some one explain the value in raising it to 1180 as they said they did on Sunday

[anonymous1] No our toys just get more expensive

[dlherm] Aw yes, men and boys….

[anonymous1] That United Nations sse scares the cräp out of me

[faith1] anonymous1 Amen !

[wmawhite] faith1 faith1 ………can I explain?

[dlherm] Letsroll. So do I!!!

[baggr42] Fresh had Info yesterday saying a Iraq rep would be present at the bell ringing….. So as it is in Iraq WHO KNOWS

[faith1] please do Thanks !