In my last news letter I presented an article telling us that OPEC and GCC are ready to step in an help Iraq bound back out this economic crisis. So this week out pops an article telling us that they needed help and why OPEC decided to assist in reducing oil production to drive up the cost of oil, thus more income for Iraq the second (if not the largest) oil producer in the middle east. So will the Eurobond (sovereign bonds) help raise the needed funds to help Iraq out of this slump.
For all those creeps that keep whispering sweet words of nonsense in your ears that ISIS and DAASH are not much of an impact to Iraq, the RV and the the terrorists really don’t matter -- Really? Total nonsense and why would the bond market itself (Bloomberg report) be telling us this now about this impact if it just wasn’t true? I don’t understand all this foolishness from these so called intel “gurus”. I wish they would all just blow away when there is a heavy wind. See article below.
I also want to remind everyone too that just recently Iraq has stated that the revenue generated from the Tariffs along could rival the income generated from the oil revenues. Did you miss this one? So the article is not very correct in the Iraq has great potential in other areas too. They are moving to a multi-faceted economy as lessons were learned from the dropping oil prices. Good article and a good read.
For all those creeps that keep whispering sweet words of nonsense in your ears that ISIS and DAASH are not much of an impact to Iraq, the RV and the the terrorists really don’t matter -- Really? Total nonsense and why would the bond market itself (Bloomberg report) be telling us this now about this impact if it just wasn’t true? I don’t understand all this foolishness from these so called intel “gurus”. I wish they would all just blow away when there is a heavy wind. See article below.
I also want to remind everyone too that just recently Iraq has stated that the revenue generated from the Tariffs along could rival the income generated from the oil revenues. Did you miss this one? So the article is not very correct in the Iraq has great potential in other areas too. They are moving to a multi-faceted economy as lessons were learned from the dropping oil prices. Good article and a good read.
Article Begins:
TERRORISTS IN BACKYARD TO SPUR COST OF IRAQ EUROBOND EXPERIMENT
http://ift.tt/1JkB1is
Iraq’s effort to enlist bond investors in its fight against the Islamic State and a collapse in the price of crude won’t come cheap.
The Gulf nation’s first trial in the Eurobond market in almost a decade means it may have to pay “double-digit” interest to lure investors, said Morten Bugge, who helps manage about $2.5 billion of emerging-market debt at Kolding, Denmark-based Global Evolution A/S. Iraq announced a $6 billion bond program on Tuesday and may hold sales meetings with international investors as soon as September, people familiar with the matter said.
“It’s an oil exporter with ISIS in their backyard which weighs negatively on the bond sale,” Bugge, Global Evolution’s chief investment officer, said.
Iraq has been struggling to contain the expansion of the Islamic State’s foothold a year after the radical Sunni group took the nation’s biggest northern city, Mosul, and captured Ramadi, the capital of Anbar province, three months ago. The government is borrowing to close a budget shortfall as the fight against terrorism and oil’s 54 percent decline in the past year sap government finances.
Compounding risks for investors is a sell off in commodity-exporting nations following last week’s yuan devaluation, while the Federal Reserve prepares to raise interest rates from near zero, Bugge said. Middle East and North African countries are issuing bonds this year at the slowest pace since 2011, according to data compiled by Bloomberg.
“I am sure Iraq would wish for better timing,” Bugge said.
Yield Spike
The yield on Iraq’s only international bond jumped to their highest this year, climbing 19 basis points to 8.73 percent at 5:26 p.m. in Baghdad on Thursday. The country had to seek $1.24 billion of emergency financing from the International Monetary Fund in July after oil prices slumped to their lowest in six years. Crude contributes about 40 percent of economic output.
“Iraq’s rating is very good in the current circumstances,” Majid Al-Souri, a board member of the Central Bank of Iraq said from Baghdad on Wednesday. “It has huge fortunes of oil and gas and it can’t go bankrupt,” which will reassure investors, he said.
Fitch Ratings expects the country’s fiscal deficit to top 10 percent of gross domestic product for 2015 because of lower crude prices, higher military spending and costs associated with the civil unrest.
Political Risk
Islamic State’s presence has put political risk in Iraq at the highest among any sovereigns it rates, Fitch said this month after it assigned the country’s bonds a speculative grade of B-. The assessment is on par with Cyprus and Jamaica and two levels above Greece and Ukraine.
The country’s foreign-currency reserves may drop to about $45 billion by the end of 2016, according to estimates by Exotix Partners LLP.
“Iraq is probably the most oil-dependent country in the world, so falling oil prices, really, really hurt this country,” Jakob Christensen, a London-based director at Exotix, said. Reserves “could drop significantly over the next two years if oil prices stay low and they don’t adjust,” he said.
Article Ends
Article Begins
IRAQ IS PREPARING TO SELL BONDS IN EUROS TO OBTAIN CASH FINANCING
http://ift.tt/1i5Oh0r
stad Baghdad and the Iraqi government during the period preceding the Labor Day holiday in the United States, which coincides with the 7 of this month to start marketing to sell bonds worth euro US and international markets to obtain cash financing.
According to the news report by "Irak Basnzs News" and translated"appointed Iraq News," that the banks "City Krupp, the Bank of the Netherlands, and JP Morgan" will be the main source of Iraqi bonds expected to sell and which will be unsecured by source statement on.
He said the site "that the material yield, which he hopes Iraq collected a consequence of the sale of the bonds will be $ 6 billion to cover the shortfall in the projected budget next year, comes this release to be the first in almost a decade, was the last international items Iraq has issued in 2006.anthy 5
Article Ends
Is Iraq Ready for the RV?
I included two articles below on this subject matter. Their words not mine. No hype or rumors just the facts.
These articles begin to address the many questions that many of us are having for some time now. The questions are about the stalling of revaluation of the Iraqi dinar.
Who is stalling the RV and is it legal to do so?
So let’s use these two recent articles below to exam these questions.
In the first article a member of the parliamentary economic committee calls for the deletion of zeros and the issuance of Banknotes small (the lower denominations) to strengthen Baghdad – where a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar. Also it was announced in the parliamentary finance committee member Faleh in force, on the 28th of last August 2015, for delivery to the committee the public prosecution and the judge who corrupted files in the money laundering related to the currency conversion.
We witnessed an attempt for the resignation of the head of the Iraq Supreme Judicial Council Medhat_al-Mahmoud, only to be rejected by the council due to political obstacles. So they know who and why the corruption in this area of concern. But can they do anything legally about it without the laws in place?
So please read the first article below. From the first article we know that money laundering and corruption influence from the judicial system is one reason why we have not yet seen the deletion of zeros and the issuance of Banknotes small (the lower denominations). This is now confirmed by this article so NO MORE RUMORS on this subject matter. Iraq must pass legislation (call them reforms if you want) to deal with these situations in a legal manner first prior to continuing these projects. Mnt Goat has been saying this now for many months. Mnt Goat is right again.
The second article is talking about the lifting of Chapter 7 sanctions in June 2013, and is “Iraq still subject to the separation of the seventh item in the financial affairs by the UN Security Council resolutions”?
In other words - what about having control over their own currency (is their currency not part of their wealth)? Why was this also not given back to them when Chapter 7 sanctions were lifted in June 2013?
So the lifting of Chapter 7 sanctions in June 2013 can be considered one of Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, ALLOWING BAGHDAD TO REGAIN CONTROL OVER ITS OWN CURRENCY, (really? I don’t think so), oil and economy.
Chapter 7, imposed on Iraq by the UN Security Council after Saddam’s invasion of Kuwait in 1991, froze all Iraqi assets in international banks, ordering they be used to compensate victims of the aggression. Besides placing limits on USE OF ITS WEALTH, the sanctions also placed limits on the Iraqi military.
One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data. Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power.
But TO THIS DAY IRAQ IS STILL FROZEN IN TIME and still using the post war provisional 3 zeroes notes, meant to be transitioned to the new, permanent currency prior to sanctions being lifted in 2013. So what happened?
These two articles below are yet another inquiry into this long standing question - of where is their currency? It is being asked by yet more and more parliament members. The articles are addressed to the CBI and are inquiring about the future timing as to when the CBI is going to meet all controls subject to Chapter 7 release meaning the one remaining obligation, that of release of their currency.
Folks this is important news for us. This article confirms to us exactly who is holding up the revaluation and the transition out of the provisional currency. Could the CBI want to RV and someone else like the USA or the IMF be holding them back? This is yet another question to solve since the USA does have the power to hold back the rollout to the international exchanges and banks. If this was the case we might be talking about conspiracy stuff.
If you read this second article carefully, what the MP is saying is this – Why are you (the CBI and GOI) holding back the currency reform because of the necessity to create and legislate laws (calls them agreements from the translation) for the economy when it is very clear that release from Chapter 7 sanctions is also a release of the currency (meaning a release from the provisional currency). So the MP claims Iraq will still be bound by Chapter 7 until this last step is accomplished. The answer to this question from the second article is found in the first article about the necessity to legislate laws first to prevent money laundering and the prosecution of those involved.
So we know the delay in currency reform and the project to delete the zeros is noted clearly and there is pressure from members of parliament finance and economic experts who see the necessity to get the currency reforms completed since these projects can only help the dragging economy.
Article #1 Begins:
PARLIAMENT CALLS FOR THE DELETION OF ZEROS AND THE ISSUANCE OF SMALL BANKNOTES
http://ift.tt/1KBVT7w
Tuesday, 08 September, 2015
A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen Baghdad – where a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar.
Said Najiba Najib told all of Iraq the more we were able to strengthen the country’s economy will be reflected on the value of the Iraqi dinar against foreign currencies, noting that “if what has been compared to the Iraqi dinar to the dollar, it is not weak equal almost to a certain extent.”
The main roads to strengthen the Iraqi dinar come through the diversification of sources of revenue because Iraq’s dependence on oil only would negatively affect the economy, indicating that “monetary policy in the country need to measures by the central bank, either through deletion of zeros or the issuance of Banknotes small because they are necessary in a manner consistent with the economy and fiscal policy.
The Prime Minister Haider al-Abadi, said on 17 July, said that “the Iraqi currency reserved and have a great economic power, hard currency is because it is backed also that Iraq has the potential and capabilities and we have the blessing of oil,” he said. “There is no fear on the exchange rate of the Iraqi dinar compared the US dollar, and the dollar will strike prices manipulators with an iron fist.
“It was announced in the parliamentary finance committee member Faleh in force, in 28 of last August, for delivery to the committee the public prosecution and the judge corrupted files money laundering related to money laundering and currency conversion to Aforeig.
Article Ends
Article #2 Begins:
A MEMBER OF THE PARLIAMENTARY ECONOMY: CENTRAL BANK IS STILL SUBJECT TO ITEM VII AND IRAQ SIGNED AGREEMENTS DO NOT APPLY
http://ift.tt/1KD5pHm
Baghdad -
Member reported in the economic and investment commission in Parliament, said the representatives of the Central Bank of Iraq is still subject to the separation of the seventh item in the financial affairs by the UN Security Council resolutions.
The MP said Ahmed Salim told all of Iraq , "The central bank is still subject to controls Section VII, and did not come out until this moment, even got out of what used part of the reserve of gold or pound which is owned by."
Said MP said he had sent a letter to the Bank to inquire about the extent of time you specify international standards to get out of Chapter VII for Iraq's money and gold reserves and other funds.
"He pointed out that" the Chapter VII sanctions lifted from Iraq, but some of the material, either article that allocate the financial affairs of Iraq did not raise them, even if lifting of the central bank deal internationally varies from dealing now, "and said," That's why more Iraqi funds sold through auction and the reason that the money paid through the sale of oil abroad to compensate for the sale of the dollar at home.
"and between the economic and investment commission member, said" agreements Iraq concluded with countries that have no meaning except that Iraq emerges from chapter VII of financial affairs, and these agreements most of them do not apply the current time, but some of the agreements, which are set to the House for the purpose of legislation and ratification, which is for the economy, including cooperation between the countries and the provision of economic and trade work , Yes, this is voted on, but placed until it comes time ", adding that" in any case, Iraq will remain constrained by that never goes out of in terms of financial affairs Chapter VII.
"He said a sound that" the central bank gold sale does not threaten the currency timeshare Presently, because the reserve be present at the central bank for the purpose of the necessary need to walk the things the country or improve the economic situation in a particular circumstance.
"He explained," In my opinion, this does not affect, but each country is in economic conditions sudden and the central bank is a treasury of the policy of the Iraqi economy, including inflation and policy processing cash that keeps the country also maintains the Iraqi dinar, "noting that" this is part of his work and his duties to provide funds and other alternatives to assisted by gold.
"The central bank had said last Saturday, that the continued sale of gold bullion for citizens processes will support the financial liquidity.
said Governor of the Central Bank on the Keywords in a press statement, that "the central bank, in order to support liquidity in the Iraqi state and to encourage citizen of the Optional savings to diversify its means and put forward different options for him, began by asking different alloy weights for the acquisition by citizens, taking into account the bank to the circumstances of the citizen Almaahah.anthy 2
Article Ends
Many of you dinarians have asked me why I spend so much time helping you to see clearly this RV process. Meinen Hubby too asks me the same question…..lol….I will address some of these questions now.
My only answer is this –
I have much expertise from prior military intelligence career that I can put to use to assist us civilians in seeing the truth in the RV process. I ask for no donations or money of any kind. I have no internet site for overhead nor do I spend time on a conference call (just social calls anyhow). Instead I spend my time writing a news letter for all my dinarian friends. It was originally for a few selected, close friends. Over time I saw the necessity to spread the truth and so many have asked if they can publish it to the general public and I agreed.
TERRORISTS IN BACKYARD TO SPUR COST OF IRAQ EUROBOND EXPERIMENT
http://ift.tt/1JkB1is
Iraq’s effort to enlist bond investors in its fight against the Islamic State and a collapse in the price of crude won’t come cheap.
The Gulf nation’s first trial in the Eurobond market in almost a decade means it may have to pay “double-digit” interest to lure investors, said Morten Bugge, who helps manage about $2.5 billion of emerging-market debt at Kolding, Denmark-based Global Evolution A/S. Iraq announced a $6 billion bond program on Tuesday and may hold sales meetings with international investors as soon as September, people familiar with the matter said.
“It’s an oil exporter with ISIS in their backyard which weighs negatively on the bond sale,” Bugge, Global Evolution’s chief investment officer, said.
Iraq has been struggling to contain the expansion of the Islamic State’s foothold a year after the radical Sunni group took the nation’s biggest northern city, Mosul, and captured Ramadi, the capital of Anbar province, three months ago. The government is borrowing to close a budget shortfall as the fight against terrorism and oil’s 54 percent decline in the past year sap government finances.
Compounding risks for investors is a sell off in commodity-exporting nations following last week’s yuan devaluation, while the Federal Reserve prepares to raise interest rates from near zero, Bugge said. Middle East and North African countries are issuing bonds this year at the slowest pace since 2011, according to data compiled by Bloomberg.
“I am sure Iraq would wish for better timing,” Bugge said.
Yield Spike
The yield on Iraq’s only international bond jumped to their highest this year, climbing 19 basis points to 8.73 percent at 5:26 p.m. in Baghdad on Thursday. The country had to seek $1.24 billion of emergency financing from the International Monetary Fund in July after oil prices slumped to their lowest in six years. Crude contributes about 40 percent of economic output.
“Iraq’s rating is very good in the current circumstances,” Majid Al-Souri, a board member of the Central Bank of Iraq said from Baghdad on Wednesday. “It has huge fortunes of oil and gas and it can’t go bankrupt,” which will reassure investors, he said.
Fitch Ratings expects the country’s fiscal deficit to top 10 percent of gross domestic product for 2015 because of lower crude prices, higher military spending and costs associated with the civil unrest.
Political Risk
Islamic State’s presence has put political risk in Iraq at the highest among any sovereigns it rates, Fitch said this month after it assigned the country’s bonds a speculative grade of B-. The assessment is on par with Cyprus and Jamaica and two levels above Greece and Ukraine.
The country’s foreign-currency reserves may drop to about $45 billion by the end of 2016, according to estimates by Exotix Partners LLP.
“Iraq is probably the most oil-dependent country in the world, so falling oil prices, really, really hurt this country,” Jakob Christensen, a London-based director at Exotix, said. Reserves “could drop significantly over the next two years if oil prices stay low and they don’t adjust,” he said.
Article Ends
Article Begins
IRAQ IS PREPARING TO SELL BONDS IN EUROS TO OBTAIN CASH FINANCING
http://ift.tt/1i5Oh0r
stad Baghdad and the Iraqi government during the period preceding the Labor Day holiday in the United States, which coincides with the 7 of this month to start marketing to sell bonds worth euro US and international markets to obtain cash financing.
According to the news report by "Irak Basnzs News" and translated"appointed Iraq News," that the banks "City Krupp, the Bank of the Netherlands, and JP Morgan" will be the main source of Iraqi bonds expected to sell and which will be unsecured by source statement on.
He said the site "that the material yield, which he hopes Iraq collected a consequence of the sale of the bonds will be $ 6 billion to cover the shortfall in the projected budget next year, comes this release to be the first in almost a decade, was the last international items Iraq has issued in 2006.anthy 5
Article Ends
Is Iraq Ready for the RV?
I included two articles below on this subject matter. Their words not mine. No hype or rumors just the facts.
These articles begin to address the many questions that many of us are having for some time now. The questions are about the stalling of revaluation of the Iraqi dinar.
Who is stalling the RV and is it legal to do so?
So let’s use these two recent articles below to exam these questions.
In the first article a member of the parliamentary economic committee calls for the deletion of zeros and the issuance of Banknotes small (the lower denominations) to strengthen Baghdad – where a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar. Also it was announced in the parliamentary finance committee member Faleh in force, on the 28th of last August 2015, for delivery to the committee the public prosecution and the judge who corrupted files in the money laundering related to the currency conversion.
We witnessed an attempt for the resignation of the head of the Iraq Supreme Judicial Council Medhat_al-Mahmoud, only to be rejected by the council due to political obstacles. So they know who and why the corruption in this area of concern. But can they do anything legally about it without the laws in place?
So please read the first article below. From the first article we know that money laundering and corruption influence from the judicial system is one reason why we have not yet seen the deletion of zeros and the issuance of Banknotes small (the lower denominations). This is now confirmed by this article so NO MORE RUMORS on this subject matter. Iraq must pass legislation (call them reforms if you want) to deal with these situations in a legal manner first prior to continuing these projects. Mnt Goat has been saying this now for many months. Mnt Goat is right again.
The second article is talking about the lifting of Chapter 7 sanctions in June 2013, and is “Iraq still subject to the separation of the seventh item in the financial affairs by the UN Security Council resolutions”?
In other words - what about having control over their own currency (is their currency not part of their wealth)? Why was this also not given back to them when Chapter 7 sanctions were lifted in June 2013?
So the lifting of Chapter 7 sanctions in June 2013 can be considered one of Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, ALLOWING BAGHDAD TO REGAIN CONTROL OVER ITS OWN CURRENCY, (really? I don’t think so), oil and economy.
Chapter 7, imposed on Iraq by the UN Security Council after Saddam’s invasion of Kuwait in 1991, froze all Iraqi assets in international banks, ordering they be used to compensate victims of the aggression. Besides placing limits on USE OF ITS WEALTH, the sanctions also placed limits on the Iraqi military.
One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data. Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power.
But TO THIS DAY IRAQ IS STILL FROZEN IN TIME and still using the post war provisional 3 zeroes notes, meant to be transitioned to the new, permanent currency prior to sanctions being lifted in 2013. So what happened?
These two articles below are yet another inquiry into this long standing question - of where is their currency? It is being asked by yet more and more parliament members. The articles are addressed to the CBI and are inquiring about the future timing as to when the CBI is going to meet all controls subject to Chapter 7 release meaning the one remaining obligation, that of release of their currency.
Folks this is important news for us. This article confirms to us exactly who is holding up the revaluation and the transition out of the provisional currency. Could the CBI want to RV and someone else like the USA or the IMF be holding them back? This is yet another question to solve since the USA does have the power to hold back the rollout to the international exchanges and banks. If this was the case we might be talking about conspiracy stuff.
If you read this second article carefully, what the MP is saying is this – Why are you (the CBI and GOI) holding back the currency reform because of the necessity to create and legislate laws (calls them agreements from the translation) for the economy when it is very clear that release from Chapter 7 sanctions is also a release of the currency (meaning a release from the provisional currency). So the MP claims Iraq will still be bound by Chapter 7 until this last step is accomplished. The answer to this question from the second article is found in the first article about the necessity to legislate laws first to prevent money laundering and the prosecution of those involved.
So we know the delay in currency reform and the project to delete the zeros is noted clearly and there is pressure from members of parliament finance and economic experts who see the necessity to get the currency reforms completed since these projects can only help the dragging economy.
Article #1 Begins:
PARLIAMENT CALLS FOR THE DELETION OF ZEROS AND THE ISSUANCE OF SMALL BANKNOTES
http://ift.tt/1KBVT7w
Tuesday, 08 September, 2015
A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen Baghdad – where a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar.
Said Najiba Najib told all of Iraq the more we were able to strengthen the country’s economy will be reflected on the value of the Iraqi dinar against foreign currencies, noting that “if what has been compared to the Iraqi dinar to the dollar, it is not weak equal almost to a certain extent.”
The main roads to strengthen the Iraqi dinar come through the diversification of sources of revenue because Iraq’s dependence on oil only would negatively affect the economy, indicating that “monetary policy in the country need to measures by the central bank, either through deletion of zeros or the issuance of Banknotes small because they are necessary in a manner consistent with the economy and fiscal policy.
The Prime Minister Haider al-Abadi, said on 17 July, said that “the Iraqi currency reserved and have a great economic power, hard currency is because it is backed also that Iraq has the potential and capabilities and we have the blessing of oil,” he said. “There is no fear on the exchange rate of the Iraqi dinar compared the US dollar, and the dollar will strike prices manipulators with an iron fist.
“It was announced in the parliamentary finance committee member Faleh in force, in 28 of last August, for delivery to the committee the public prosecution and the judge corrupted files money laundering related to money laundering and currency conversion to Aforeig.
Article Ends
Article #2 Begins:
A MEMBER OF THE PARLIAMENTARY ECONOMY: CENTRAL BANK IS STILL SUBJECT TO ITEM VII AND IRAQ SIGNED AGREEMENTS DO NOT APPLY
http://ift.tt/1KD5pHm
Baghdad -
Member reported in the economic and investment commission in Parliament, said the representatives of the Central Bank of Iraq is still subject to the separation of the seventh item in the financial affairs by the UN Security Council resolutions.
The MP said Ahmed Salim told all of Iraq , "The central bank is still subject to controls Section VII, and did not come out until this moment, even got out of what used part of the reserve of gold or pound which is owned by."
Said MP said he had sent a letter to the Bank to inquire about the extent of time you specify international standards to get out of Chapter VII for Iraq's money and gold reserves and other funds.
"He pointed out that" the Chapter VII sanctions lifted from Iraq, but some of the material, either article that allocate the financial affairs of Iraq did not raise them, even if lifting of the central bank deal internationally varies from dealing now, "and said," That's why more Iraqi funds sold through auction and the reason that the money paid through the sale of oil abroad to compensate for the sale of the dollar at home.
"and between the economic and investment commission member, said" agreements Iraq concluded with countries that have no meaning except that Iraq emerges from chapter VII of financial affairs, and these agreements most of them do not apply the current time, but some of the agreements, which are set to the House for the purpose of legislation and ratification, which is for the economy, including cooperation between the countries and the provision of economic and trade work , Yes, this is voted on, but placed until it comes time ", adding that" in any case, Iraq will remain constrained by that never goes out of in terms of financial affairs Chapter VII.
"He said a sound that" the central bank gold sale does not threaten the currency timeshare Presently, because the reserve be present at the central bank for the purpose of the necessary need to walk the things the country or improve the economic situation in a particular circumstance.
"He explained," In my opinion, this does not affect, but each country is in economic conditions sudden and the central bank is a treasury of the policy of the Iraqi economy, including inflation and policy processing cash that keeps the country also maintains the Iraqi dinar, "noting that" this is part of his work and his duties to provide funds and other alternatives to assisted by gold.
"The central bank had said last Saturday, that the continued sale of gold bullion for citizens processes will support the financial liquidity.
said Governor of the Central Bank on the Keywords in a press statement, that "the central bank, in order to support liquidity in the Iraqi state and to encourage citizen of the Optional savings to diversify its means and put forward different options for him, began by asking different alloy weights for the acquisition by citizens, taking into account the bank to the circumstances of the citizen Almaahah.anthy 2
Article Ends
Many of you dinarians have asked me why I spend so much time helping you to see clearly this RV process. Meinen Hubby too asks me the same question…..lol….I will address some of these questions now.
My only answer is this –
I have much expertise from prior military intelligence career that I can put to use to assist us civilians in seeing the truth in the RV process. I ask for no donations or money of any kind. I have no internet site for overhead nor do I spend time on a conference call (just social calls anyhow). Instead I spend my time writing a news letter for all my dinarian friends. It was originally for a few selected, close friends. Over time I saw the necessity to spread the truth and so many have asked if they can publish it to the general public and I agreed.
Why do we need to have to be helped to see the truth?
The main concern of mine is not that there is not enough good information in articles and news releases from Iraq for all of you fine dinarians to read and understand. You clearly do not need anyone telling you about this investment or so called intel providers. All the information you need is at your finger tips.
The main concern and problems stem solely from these so called intel “gurus” who fill you minds and hearts with their constant info and try to wrap you into their mode of thinking.
They are the source of the only problem I see with getting through to the truth about this investment. They have their own agenda. They know you are venerable. Whether it is selling dinars, having you donate to their site (making money off false intel), subscribing to an RV alert or subscribing to some post RV party (where they will take advantage of you as millionaires later). This is just to mention a few of their tricks. They already have your addresses and telephone numbers since you call into their Q & A sessions out of total ignorance of what they are really doing.
Folks the world is full of these charlatans and they are wolfs in sheep clothing and you are their prey.
Do you also see how many of them use prayer now to get to you. Something as sacred as prayer, shame on them……Are they really all so holy and caring….lol….?
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All,
Mnt Goat
The main concern of mine is not that there is not enough good information in articles and news releases from Iraq for all of you fine dinarians to read and understand. You clearly do not need anyone telling you about this investment or so called intel providers. All the information you need is at your finger tips.
The main concern and problems stem solely from these so called intel “gurus” who fill you minds and hearts with their constant info and try to wrap you into their mode of thinking.
They are the source of the only problem I see with getting through to the truth about this investment. They have their own agenda. They know you are venerable. Whether it is selling dinars, having you donate to their site (making money off false intel), subscribing to an RV alert or subscribing to some post RV party (where they will take advantage of you as millionaires later). This is just to mention a few of their tricks. They already have your addresses and telephone numbers since you call into their Q & A sessions out of total ignorance of what they are really doing.
Folks the world is full of these charlatans and they are wolfs in sheep clothing and you are their prey.
Do you also see how many of them use prayer now to get to you. Something as sacred as prayer, shame on them……Are they really all so holy and caring….lol….?
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All,
Mnt Goat
via Dinar Recaps - Our Blog http://ift.tt/1JVl0i6
No comments:
Post a Comment