KTFA:
Aggiedad77: Some of you are quick and picked up on this being the topic for Saturday's meeting......(See Article Below) but who can grasp the meaning of such a meeting at the Sheraton.....why there and why now......
They have put money on the street in the recent past, but not with this kind of fanfare.....and notice who will be in attendance at this "conference"......
Deputy PM Shaways.....CBI Governor.....ministers of Finance, agriculture, industry, housing, businessmen and investors.....oh and a few from the Finance Committee....tokens they are......why all this to roll out a loan process of 5 trillion dinars.....
I think like Frank said, the world is not likely to grasp the meaning of this "conference"......it sounds like it is to be something....much more than just an "announcement" for that could have been done at the steps of the CBI......keep your eyes peeled. Aloha Randy
....
Aggiedad77: Some of you are quick and picked up on this being the topic for Saturday's meeting......(See Article Below) but who can grasp the meaning of such a meeting at the Sheraton.....why there and why now......
They have put money on the street in the recent past, but not with this kind of fanfare.....and notice who will be in attendance at this "conference"......
Deputy PM Shaways.....CBI Governor.....ministers of Finance, agriculture, industry, housing, businessmen and investors.....oh and a few from the Finance Committee....tokens they are......why all this to roll out a loan process of 5 trillion dinars.....
I think like Frank said, the world is not likely to grasp the meaning of this "conference"......it sounds like it is to be something....much more than just an "announcement" for that could have been done at the steps of the CBI......keep your eyes peeled. Aloha Randy
....
**********
The central bank will announce the launch of 5 trillion dinars in loans to banks Link
The Central Bank of Iraq, Thursday, ready to announce the launch of five trillion dinars loans to banks, "industrial, agricultural, real estate."
He said the central bank in a statement received (WAM) a copy of that "will be announced the launch of 5 trillion dinars loans to banks Bank convened a press conference on Saturday."
"The conference will be attended by Deputy Prime Minister for Economic Affairs Rose Nuri Shaways and Governor of the Central Bank and the ministers of" financial, agriculture, industry, housing, "and members of the Finance Committees and the economy Alniabaten, businessmen and investors."
***************************
Dinar Updates:
tman23 When and IF the huge exchange for IQD takes place, the exchange and purchase will require newly created money...which will require a “plan to sterilize” the over supply of domestic money...
When you get to the “meat” of what is described as an elusive RV...it’s not elusive...it is not just as easy as flipping a switch.
There are so many damaging domino effects in different economies who would pay for the large exchange of the IQD. The control measures have to be absolute...
So then we have to believe that it takes more than a few people to prepare for such an event which contradicts that only a few people know.
All we can do is wait and see how they make the change and how it affects our IQD holdings. They are in the process.
*****************************
TNT:
Rrrr: On the surface, it’s all so frustrating. Every day seems like Groundhog Day. But this is not the time to lose faith. We truly are so close, you can almost feel it… if you try. Take comfort with the fact that as each day passes, the bond sales and currency auctions continue to reduce the money supply. This will increase the value of the Dinar. Everything is complete. The announcement of the passing of the last few laws will coincide with the implementation of the RV. We are almost there.
************
Carol :R&R how can currency Lay-a-way be considered a margin account? I have one for Stock and interest is paid on the margin amount. Not so with the Lay-a-way. Thank you.
[R&R] Good morning carol (hi)
Buying on margin an layaways are two different things. When you buy on margin, you make a down payment, and then borrow money from the broker/dealer (i.e. taking out a loan with interest) and repaying the loan with interest.
AND (and this is the difference)... you take possession of the purchased asset immediately
The asset is held in account, but also acts as collateral for the loan. Hence, if the value of the asset falls, you would get a "margin call" where the dealer would require you to place more funds in your account to offset the any decrease in value of the collateral
On the other hand....
You do not take possession of the asset in a layaway until its paid for in full, and no money is borrowed by you, the consumer.
The seller (dealer) is merely taking an asset within its own inventory, setting it asside for you, and letting you make payments toward it over a specified period of time. As long as you make the agreed payments, the asset will remain available to you for purchase once paid in full.
If you do not make all payments, the seller (dealer) returns the funds received, less their service charge, and then place the item "back on the shelf" for sale to another potential customer
This would be my "simplest" explanation of the difference ... hope this helps! :)
The central bank will announce the launch of 5 trillion dinars in loans to banks Link
The Central Bank of Iraq, Thursday, ready to announce the launch of five trillion dinars loans to banks, "industrial, agricultural, real estate."
He said the central bank in a statement received (WAM) a copy of that "will be announced the launch of 5 trillion dinars loans to banks Bank convened a press conference on Saturday."
"The conference will be attended by Deputy Prime Minister for Economic Affairs Rose Nuri Shaways and Governor of the Central Bank and the ministers of" financial, agriculture, industry, housing, "and members of the Finance Committees and the economy Alniabaten, businessmen and investors."
***************************
Dinar Updates:
tman23 When and IF the huge exchange for IQD takes place, the exchange and purchase will require newly created money...which will require a “plan to sterilize” the over supply of domestic money...
When you get to the “meat” of what is described as an elusive RV...it’s not elusive...it is not just as easy as flipping a switch.
There are so many damaging domino effects in different economies who would pay for the large exchange of the IQD. The control measures have to be absolute...
So then we have to believe that it takes more than a few people to prepare for such an event which contradicts that only a few people know.
All we can do is wait and see how they make the change and how it affects our IQD holdings. They are in the process.
*****************************
TNT:
Rrrr: On the surface, it’s all so frustrating. Every day seems like Groundhog Day. But this is not the time to lose faith. We truly are so close, you can almost feel it… if you try. Take comfort with the fact that as each day passes, the bond sales and currency auctions continue to reduce the money supply. This will increase the value of the Dinar. Everything is complete. The announcement of the passing of the last few laws will coincide with the implementation of the RV. We are almost there.
************
Carol :R&R how can currency Lay-a-way be considered a margin account? I have one for Stock and interest is paid on the margin amount. Not so with the Lay-a-way. Thank you.
[R&R] Good morning carol (hi)
Buying on margin an layaways are two different things. When you buy on margin, you make a down payment, and then borrow money from the broker/dealer (i.e. taking out a loan with interest) and repaying the loan with interest.
AND (and this is the difference)... you take possession of the purchased asset immediately
The asset is held in account, but also acts as collateral for the loan. Hence, if the value of the asset falls, you would get a "margin call" where the dealer would require you to place more funds in your account to offset the any decrease in value of the collateral
On the other hand....
You do not take possession of the asset in a layaway until its paid for in full, and no money is borrowed by you, the consumer.
The seller (dealer) is merely taking an asset within its own inventory, setting it asside for you, and letting you make payments toward it over a specified period of time. As long as you make the agreed payments, the asset will remain available to you for purchase once paid in full.
If you do not make all payments, the seller (dealer) returns the funds received, less their service charge, and then place the item "back on the shelf" for sale to another potential customer
This would be my "simplest" explanation of the difference ... hope this helps! :)
Landa Global Wed.8-5 Conference Call:
(A caller asked Jerzy if there were any changes from last week.
Answer: The privates are moving forward.
He said there is an End Date for the PUBLIC and that is October.
Dinarland is considered “Private” Allegedly-NOT PUBLIC )
http://ift.tt/1bfWr1Y
http://ift.tt/1McLOxz
***************************
Emailed to Recaps:
Hello, I interviewed long time currency historian Andrew Gause. He is breaking a story about the inclusion of the Yuan being in the new currency basket in October. An often mentioned idea on Dinar Recaps and other sites for about eighteen months now
Here's a link to a short audio clip as well as link to IMF Website..
There’s been a great deal written on the Yuan’s inclusion in the IMF’s basket that is being revamped in October, 2015. During a live show on August 05, 2015 currency historian, Andrew Gause, gives us IMF source material, (see link below podcast), saying IMF may look at the yuan’s inclusion in September of 2016.
There’s also been mountains of “speculation” because of a misinterpretation of what an SDR is that the Yuan is in line to be the next World reserve currency, replacing the Dollar. Mr. Gause gives his research on this internet meme.
With 20 years of research under my belt into financial matters, for what it is worth; my opinion is that this IMF move has absolutely no affect on the timing of any currency revaluation, except perhaps the Yuan/RMB.
Thanks so much for your service
http://ift.tt/1InWLIw
(A caller asked Jerzy if there were any changes from last week.
Answer: The privates are moving forward.
He said there is an End Date for the PUBLIC and that is October.
Dinarland is considered “Private” Allegedly-NOT PUBLIC )
http://ift.tt/1bfWr1Y
http://ift.tt/1McLOxz
***************************
Emailed to Recaps:
Hello, I interviewed long time currency historian Andrew Gause. He is breaking a story about the inclusion of the Yuan being in the new currency basket in October. An often mentioned idea on Dinar Recaps and other sites for about eighteen months now
Here's a link to a short audio clip as well as link to IMF Website..
There’s been a great deal written on the Yuan’s inclusion in the IMF’s basket that is being revamped in October, 2015. During a live show on August 05, 2015 currency historian, Andrew Gause, gives us IMF source material, (see link below podcast), saying IMF may look at the yuan’s inclusion in September of 2016.
There’s also been mountains of “speculation” because of a misinterpretation of what an SDR is that the Yuan is in line to be the next World reserve currency, replacing the Dollar. Mr. Gause gives his research on this internet meme.
With 20 years of research under my belt into financial matters, for what it is worth; my opinion is that this IMF move has absolutely no affect on the timing of any currency revaluation, except perhaps the Yuan/RMB.
Thanks so much for your service
http://ift.tt/1InWLIw
via Dinar Recaps - Our Blog http://ift.tt/1McLQph
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