Dinar Updates:
BGG: the two important factors (to Abadi) are value (which he desperately needs) and the Investment Law (which he promised to investors while here in the US).
They appear to be moving right ahead on those - just not there yet...but nice to see their urgency on these "core value" issues.
Q:[Only thing I'm interested in right now is that elusive Tariff law.]
BGG: It is fully passed - just not being implemented as yet...
Q: [HOW LONG DO YOU THINK ALL THIS CAN TAKE?]
BGG: IMHO - they are in overtime already.
My guess is - they thought they would come back from DC with all these commitments and they wouldn't have to do their part (Add value)... now they are starting to get the message - all the aid, commitments, loans, etc, come with strings attached. THEY MUST DO THEIR PART.
....
BGG: the two important factors (to Abadi) are value (which he desperately needs) and the Investment Law (which he promised to investors while here in the US).
They appear to be moving right ahead on those - just not there yet...but nice to see their urgency on these "core value" issues.
Q:[Only thing I'm interested in right now is that elusive Tariff law.]
BGG: It is fully passed - just not being implemented as yet...
Q: [HOW LONG DO YOU THINK ALL THIS CAN TAKE?]
BGG: IMHO - they are in overtime already.
My guess is - they thought they would come back from DC with all these commitments and they wouldn't have to do their part (Add value)... now they are starting to get the message - all the aid, commitments, loans, etc, come with strings attached. THEY MUST DO THEIR PART.
....
************
tman23 LISTEN CAREFULLY... The military backed off in Ramadi and were accused of no will to fight...
The airforce trainess in Jordan went on strike refusing to leave their barracks as pay was cut 80%...
The ports where people collect their pay have equipment that is connecting to the bank but not getting a response ...so people ability to withdraw money is delayed or takes a few days...
The Kurd region is upside down with it's economy...it has been at zero for 4 months and businesses going into bankruptcy...
And now provinces are beginning to announce warnings of bankruptcy...
Zebari is in Jordan for a loan for 827 million from the IMF... That doesn't even pay the Kurds DUES for the MONTH OF MAY... So with people losing the faith...Banks beginning to fail... And Abadi told the people to be patient till June...
They are in serious financial dire straits... And Zebari said the crisis is over...Explain Please?
They are going to open the new books July 1st...and how much we benefit remains to be seen...But end of June is the end of the road.
*******************************
Stage3Alpha
Jon B: June 5, 2015
6-4-15 Beachguy: RV is coming.... Can't have them Reserving anymore currency nor have possession of the IQD when it RV'S ....... It's all part of the Plan!!!
Remember Sterling has a U.S. Treasury Federal Currency Trading License...
That's why the FEDS can't and wont give the Media a reason why they Raided them... It was the only way to Stop the Transactions concerning Foreign Currencies Exchanges with the IQD in particular as well as the VND....
I'm hearing it should roll out no later than Independence Day or right after that within the same week, if not sooner....
The U.S. Economy is expected to Crash around September or November 2015... Get Ready and watch Silver go off the Charts as this is coming about...
Notice This!!! There Were No Arrests Made in Either Raid, I Rest My Case... That's what you look for and Charges, there were None!!!
********************************
GET:
Topic: It's the way you ride the trail that counts. Dale Evans
*********************************
TNT:
[LAS] Bruce on Big Call( last night) - believes what has occurred and what is occurring was for our good in terms of the dealers...done for a good reason...we are in the last few days of this...celebration planned, dignitaries are arriving, meetings good in Paris..short call
tman23 LISTEN CAREFULLY... The military backed off in Ramadi and were accused of no will to fight...
The airforce trainess in Jordan went on strike refusing to leave their barracks as pay was cut 80%...
The ports where people collect their pay have equipment that is connecting to the bank but not getting a response ...so people ability to withdraw money is delayed or takes a few days...
The Kurd region is upside down with it's economy...it has been at zero for 4 months and businesses going into bankruptcy...
And now provinces are beginning to announce warnings of bankruptcy...
Zebari is in Jordan for a loan for 827 million from the IMF... That doesn't even pay the Kurds DUES for the MONTH OF MAY... So with people losing the faith...Banks beginning to fail... And Abadi told the people to be patient till June...
They are in serious financial dire straits... And Zebari said the crisis is over...Explain Please?
They are going to open the new books July 1st...and how much we benefit remains to be seen...But end of June is the end of the road.
*******************************
Stage3Alpha
Jon B: June 5, 2015
6-4-15 Beachguy: RV is coming.... Can't have them Reserving anymore currency nor have possession of the IQD when it RV'S ....... It's all part of the Plan!!!
Remember Sterling has a U.S. Treasury Federal Currency Trading License...
That's why the FEDS can't and wont give the Media a reason why they Raided them... It was the only way to Stop the Transactions concerning Foreign Currencies Exchanges with the IQD in particular as well as the VND....
I'm hearing it should roll out no later than Independence Day or right after that within the same week, if not sooner....
The U.S. Economy is expected to Crash around September or November 2015... Get Ready and watch Silver go off the Charts as this is coming about...
Notice This!!! There Were No Arrests Made in Either Raid, I Rest My Case... That's what you look for and Charges, there were None!!!
********************************
GET:
Topic: It's the way you ride the trail that counts. Dale Evans
*********************************
TNT:
[LAS] Bruce on Big Call( last night) - believes what has occurred and what is occurring was for our good in terms of the dealers...done for a good reason...we are in the last few days of this...celebration planned, dignitaries are arriving, meetings good in Paris..short call
KTFA:
Bluedog: » June 5th, 2015 Austria wants the UK to give its gold back
AUSTRIA IS ASKING THE BANK OF ENGLAND TO RETURN SOME OF THEIR GOLD..................
AUSTRIA WANTS TO HOLD 50 PERCENT OF IT'S RESERVES IN AUSTRIA, 20 PERCENT IN SWITZERLAND AND 30 PERCENT IN LONDON IMO AUSTRIA IS LOSING FAITH IN THE BANK OF ENGLAND THAT HOLD MOST OF THE GOLD ASSETS.......
AUSTRIA IS NOT ASKING THE USA AND YES THE US HOLDS SOME OF AUSTRIA 'S GOLD ALSO .........COUNTRIES DO THIS TO DIVERSIFY FOR SAFETY REASONS.............TO MOVE THEIR GOLD AT THIS TIME SO AUSTRIA MUST SEE SOMETHING COMING ............
ARE THEY LOSING FAITH IN THE BANK OF ENGLAND ??..... LESSON TO BE LEARNED AUSTRIA WANTS TO HOLD A GREAT DEAL OF THEIR OWN GOLD .........COUNTRIES DID THIS WAY BACK WHEN GERMANY WAS THREATENING TO INVADE AND SEIZE THEIR ASSETS..........
THIS WOULD BE A MOVE OF 5 BILLION DOLLARS WORTH OF GOLD THAT THE BANK OF ENGLAND IS INDICATING WOULD TAKE SOME TIME TO GATHER ......... WHERE DID IT GO YOU MIGHT ASK ............. LESSON IS TO HOLD SOME IN YOUR PERSON ...............
GERMANY BACK A FEW YEARS ASKED THE US THAT THEY WANTED THEIR GOLD BACK THEY HAVE NOT RECEIVED IT AND THAT POSITION HAS BEEN SHOVED UNDER THE RUG YOU DO NOT HEAR ANYMORE OF IT ........... FUNNY HUH
TAKE THIS LESSON OF GOVERNMENTS AND APPLY IT TO YOUR DECISIONS DOWN THE ROAD ..........MAYBE BEST TO HAVE A BIRD IN THE HAND THEN ONE IN THE BUSH BEING STORED SOMEWHERE IN YOUR PERSONAL GRASPS ..........
AND NOT HOLDING PAPER THAT SAYS YOU OWN GOLD .......SEE THE BANK OF ENGLAND IS DOING A POLKA RIGHT NOW THEY REALLY HAVE TO FIND IT OR WHERE DID IT GO AS IN GERMANY WHEN THEY WANTED THE USA TO RETURN THEIRS .........JIMO........ Bluedog
**********
Austria wants the UK to give its gold back
Austria has unveiled plans to repatriate billions of dollars' worth of its gold reserves back from the U.K., becoming the latest country keen to bring its gold home.
The Austrian central bank currently has 280 tons of gold reserves, worth around $10 billion at current prices. Just 17 percent of these holdings are kept in Austria, with 3 percent in Switzerland and the vast majority -- 80 percent -- in the United Kingdom.
By 2020, however, Austria wants to hold 50 percent of its reserves in Austria, 20 percent in Switzerland and just 30 percent in London. This means moving gold worth $5 billion from the Bank of England across Europe.
The bank, which revealed the plans in a statement accompanying its annual report on Thursday, did not explain how it would ship the gold, but said: "Starting from mid-2015, the new storage policy will be gradually implemented in keeping with security and logistical requirements."
"A comprehensive review and, if need be, adaptation of the storage policy is scheduled for 2019," it added.
Read More Will the US give the Dutch their gold back?
It comes after the country's Court of Audit in February warned that holding so much of its reserves in one place – the Bank of England – "ran a high concentration risk."
Adrian Ash, head of research at Bullion Vault, highlighted the logistics involved in "digging out" the Bank of England's vaults, as it's known.
"According to a Bank of England official speaking a few years ago, a typical 20-ton shipment needs two days' work, with a guy in a forklift driving round to find and collect it," Ash told CNBC via email.
"Moving that by plane would incur a big insurance risk – similar to the 'concentration risk' which the Austrian auditors were maybe right to highlight about holding 80 percent of the nation's gold in one location overseas."
Brexit fears? There has also been speculation that the decision to move gold away from the U.K. could be related to the risk of Britain exiting the European Union – known as a "Brexit."
U.K. Prime Minister, David Cameron – who won a general election in the country earlier this month – has promised an in-out referendum by 2017, and the related uncertainty has spooked markets.
However, Austrian Central Bank Governor, Ewald Nowotny, insisted on Thursday that the decision to shift the country's gold reserves was "absolutely not" related to the possibility of a Brexit, Reuters reported.
First Germany… Instead, Nowotny said that it marked a trend among European central banks of repatriating reserves to their own countries.
Bullion Vault's Ash agreed: "For Germany, the Netherlands and now Austria, it reflects domestic political pressure over the loss of sovereignty from being in the single Euro currency."
"It also marks a deeper anxiety amongst tax payers and savers for the monetary system to have a more solid base than QE (quantitative easing) and zero rates, as we saw with last year's Swiss referendum on boosting gold reserves and holding them all at home."
http://ift.tt/1FHF5GD
Bluedog: » June 5th, 2015 Austria wants the UK to give its gold back
AUSTRIA IS ASKING THE BANK OF ENGLAND TO RETURN SOME OF THEIR GOLD..................
AUSTRIA WANTS TO HOLD 50 PERCENT OF IT'S RESERVES IN AUSTRIA, 20 PERCENT IN SWITZERLAND AND 30 PERCENT IN LONDON IMO AUSTRIA IS LOSING FAITH IN THE BANK OF ENGLAND THAT HOLD MOST OF THE GOLD ASSETS.......
AUSTRIA IS NOT ASKING THE USA AND YES THE US HOLDS SOME OF AUSTRIA 'S GOLD ALSO .........COUNTRIES DO THIS TO DIVERSIFY FOR SAFETY REASONS.............TO MOVE THEIR GOLD AT THIS TIME SO AUSTRIA MUST SEE SOMETHING COMING ............
ARE THEY LOSING FAITH IN THE BANK OF ENGLAND ??..... LESSON TO BE LEARNED AUSTRIA WANTS TO HOLD A GREAT DEAL OF THEIR OWN GOLD .........COUNTRIES DID THIS WAY BACK WHEN GERMANY WAS THREATENING TO INVADE AND SEIZE THEIR ASSETS..........
THIS WOULD BE A MOVE OF 5 BILLION DOLLARS WORTH OF GOLD THAT THE BANK OF ENGLAND IS INDICATING WOULD TAKE SOME TIME TO GATHER ......... WHERE DID IT GO YOU MIGHT ASK ............. LESSON IS TO HOLD SOME IN YOUR PERSON ...............
GERMANY BACK A FEW YEARS ASKED THE US THAT THEY WANTED THEIR GOLD BACK THEY HAVE NOT RECEIVED IT AND THAT POSITION HAS BEEN SHOVED UNDER THE RUG YOU DO NOT HEAR ANYMORE OF IT ........... FUNNY HUH
TAKE THIS LESSON OF GOVERNMENTS AND APPLY IT TO YOUR DECISIONS DOWN THE ROAD ..........MAYBE BEST TO HAVE A BIRD IN THE HAND THEN ONE IN THE BUSH BEING STORED SOMEWHERE IN YOUR PERSONAL GRASPS ..........
AND NOT HOLDING PAPER THAT SAYS YOU OWN GOLD .......SEE THE BANK OF ENGLAND IS DOING A POLKA RIGHT NOW THEY REALLY HAVE TO FIND IT OR WHERE DID IT GO AS IN GERMANY WHEN THEY WANTED THE USA TO RETURN THEIRS .........JIMO........ Bluedog
**********
Austria wants the UK to give its gold back
Austria has unveiled plans to repatriate billions of dollars' worth of its gold reserves back from the U.K., becoming the latest country keen to bring its gold home.
The Austrian central bank currently has 280 tons of gold reserves, worth around $10 billion at current prices. Just 17 percent of these holdings are kept in Austria, with 3 percent in Switzerland and the vast majority -- 80 percent -- in the United Kingdom.
By 2020, however, Austria wants to hold 50 percent of its reserves in Austria, 20 percent in Switzerland and just 30 percent in London. This means moving gold worth $5 billion from the Bank of England across Europe.
The bank, which revealed the plans in a statement accompanying its annual report on Thursday, did not explain how it would ship the gold, but said: "Starting from mid-2015, the new storage policy will be gradually implemented in keeping with security and logistical requirements."
"A comprehensive review and, if need be, adaptation of the storage policy is scheduled for 2019," it added.
Read More Will the US give the Dutch their gold back?
It comes after the country's Court of Audit in February warned that holding so much of its reserves in one place – the Bank of England – "ran a high concentration risk."
Adrian Ash, head of research at Bullion Vault, highlighted the logistics involved in "digging out" the Bank of England's vaults, as it's known.
"According to a Bank of England official speaking a few years ago, a typical 20-ton shipment needs two days' work, with a guy in a forklift driving round to find and collect it," Ash told CNBC via email.
"Moving that by plane would incur a big insurance risk – similar to the 'concentration risk' which the Austrian auditors were maybe right to highlight about holding 80 percent of the nation's gold in one location overseas."
Brexit fears? There has also been speculation that the decision to move gold away from the U.K. could be related to the risk of Britain exiting the European Union – known as a "Brexit."
U.K. Prime Minister, David Cameron – who won a general election in the country earlier this month – has promised an in-out referendum by 2017, and the related uncertainty has spooked markets.
However, Austrian Central Bank Governor, Ewald Nowotny, insisted on Thursday that the decision to shift the country's gold reserves was "absolutely not" related to the possibility of a Brexit, Reuters reported.
First Germany… Instead, Nowotny said that it marked a trend among European central banks of repatriating reserves to their own countries.
Bullion Vault's Ash agreed: "For Germany, the Netherlands and now Austria, it reflects domestic political pressure over the loss of sovereignty from being in the single Euro currency."
"It also marks a deeper anxiety amongst tax payers and savers for the monetary system to have a more solid base than QE (quantitative easing) and zero rates, as we saw with last year's Swiss referendum on boosting gold reserves and holding them all at home."
http://ift.tt/1FHF5GD
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