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Wednesday, October 21, 2015

News, Rumors, and Opinions Wednesday Morning 10-21-15

Emailed to Recaps:

Are we lining up for 10/22 RV - from Martha sent to Dinar Recaps


The year 2015 has been determined to "our" year. Since January we have hit dates that should have been but we're not for various reasons. I was told that by April all would be completed and in fact on April 22nd it should have and in the history books this will be the official date of Iraq's RV.

Then coming forward we find out there was a 3 month extension.

Now add worldwide drama, political manipulation and general finger pointing we came to July, August and September. We followed dates, holidays and calendars of ALL people. We delved into history, present time and started looking to the future. I know that everyone is sick of looking at the numbers but I think we need to look at Thursday 10/22/2015.
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The Chinese take numbers very seriously as well as astrology and horoscopes. That being said the number "22 " is the ultimate master number. It is made up of multiples of "1's " and depending on position of the ones can mean birth and re birth.

It is a sign of completion; a master has control of his destiny as well as being a great leader. He is methodical in what he does and definitely knows how to do it.

PM Abadi definitely fits this mold for his country. He has something that no one has been able to do in a very long time. He is a true diplomat, business man and knowledge and leadership skills ate what this country needs to bring it into 21st century.

Well, the 22nd is also a 6 month anniversary of the RV. It is another completion and a ? Start for us to go forward with Iraq and the rest of the world into a better 21st century. Remember, now who is in control of this - the man up above, the ultimate master, the number ONE and a little help from the Chinese.

Also, look at all the 5's, 7's and 8's which are all "lucky" numbers dealing with money, wealth.

And to my old and dear friend TK, maybe this time you will be right. And to Tony and Bruce, who are on the "same page" in the play book, this is our week. Also remember, Wednesday night here is Thursday in Iraq.

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TNT:


ZebraGirl:  Today's the "Back to the Future" date. Wouldn't that be something, lol.

Nissi: zebragirl...right?! 4:29pm today complete

elmerf123456 : So here's what we know. China is in London We know it will be a reserve currency Reforms are done! Laws are done and passed with small refining! International Investors are on sidelines ISIS is under control CBI Reserves down to 50 Billion And we still sit.....but not for long cause movement is needed and it's needed now.

Conrad:  Elmer; How much does the elections influence the process if any, please share?

elmerf123456:  This is much bigger. This is about financial positioning with both the the East and the West and how that fits in to the world In regards to Global Economics.

Net Global:  Morning Elmer. I have heard mentioned that Iraq is burning up its reserves. Do you have any evidence that is true? If it is true, Iraq must raise funds soon.

Elmerf123456:  I'm hearing same. Proof? Now that's an operative word.

Net Global: Cool Elmer. Since Iraq cannot raise thru bonds or borrowing it seems they have little options left except raise the value of the Dinar.

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tman23  The Investment Law is now a foregone conclusion...They will pass it if it already didn't pass.  

They have the new salaries in place, the tax laws, the tariff and custom laws, the anti money laundering law...These all deal with monetary issues.
 
I have been on this law since June of 2014 and for good reason. It is not a problem, it is a delay for reasons of timing...be that getting other laws in place first etc..etc...

BUT I have good information that says it is not a debate issue inside Parliament Note that the salary adjustments and other numbers floating around indicate that a IQD rate of $2.66 would put them around the international standard...

I think we are all ready to move on to new horizons...And it appears that Iraq is ready for new horizons also.

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KTFA:

Backdoc:  MAIN EVENT NEWS!


MAYBE NOVEMBER 3RD WILL BEGIN THE OPPORTUNITY!  DOC IMO


China Is Calling For A Global Currency

10/20/2015

China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.

The surprise proposal by Beijing's central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese pressure to overhaul a global financial system dominated by the dollar and Western governments. Both the United States and the European Union brushed off the idea.

The world economic crisis shows the "inherent vulnerabilities and systemic risks in the existing international monetary system," Gov. Zhou Xiaochuan said in an essay released Monday by the bank.
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He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help "to achieve the objective of safeguarding global economic and financial stability."

Zhou did not mention the dollar by name. But in an unusual step, the essay was published in both Chinese and English, making clear it was meant for a foreign audience.

China has long been uneasy about relying on the dollar for the bulk of its trade and to store foreign reserves. Premier Wen Jiabao publicly appealed to Washington this month to avoid any response to the crisis that might weaken the dollar and the value of Beijing's estimated $1 trillion in Treasuries and other U.S. government debt.

For decades, the dollar has been the world's most widely used currency. Many governments hold a large portion of their reserves in dollars. Crude oil and many commodities are priced in dollars. Business deals around the world are done in dollars.

But the financial crisis has highlighted how America's economic problems — and by extension the dollar — can wreak havoc on nations around the world. China is in a bind. To keep the value of its currency steady — some say undervalued — the Chinese government has to recycle its huge trade surpluses, and the biggest, most liquid option for investing them is U.S. government debt.

To better insulate countries from the ills of one country or one currency, Zhou said the IMF should create a "reserve currency" based on shares in the body held by its 185 member nations, known as special drawing rights, or SDRs.

He said it also should be used for trade, pricing commodities and accounting, not just government finance.

In Washington, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner both rejected China's call for a global alternative to the U.S. dollar's role as the international reserve currency.

And the European Union's top economy official said the dollar's role as the international reserve currency is secure despite China's proposal.

"Everybody agrees also that the present world reserve currency, the dollar, is there and will continue to be there for a long period of time," EU Commissioner Joaquin Almunia said Tuesday after a meeting of the European Commission.

Zhou also called for changing how SDRs are valued. Currently, they are based on the value of four currencies — the dollar, euro, yen and British pound. "The basket of currencies forming the basis for SDR valuation should be expanded to include currencies of all major economies," he wrote.

Beijing has been unusually bold in recent months in expressing concern about Washington's financial management and pushing for global economic changes. That reflects both its relative financial health and growing concern that increased globalization means missteps abroad could harm its own economy.

Zhou's comments are also part of China's longstanding push to reform the IMF, World Bank and global financial system to give greater voice to China and other developing economies — another theme that will be heard from China, Brazil, Russia and India at the summit of Group of 20 major economies next week.


"Overdue reforms should give proper representation to and increase the say of the emerging and developing economies," Yi Xianrong, a researcher with the Institute of Economics and Finances at the Chinese Academy of Social Sciences, a government think-tank, wrote in the government newspaper China Daily.

"Proper representation and a bigger voice for the developing countries are the need of the hour. For instance, being the world's third-largest economy and the largest foreign reserves holder, China should get its due place in the monetary body."

Another idea Yi raised was that the U.S. and Europe should give up their traditional privileges of appointing the heads of the World Bank and the IMF.

The idea of a creating a new global reserve currency isn't new. But analysts say the proposal isn't likely to gain much traction because it faces major obstacles. It would require acceptance from nations that have long used the dollar and hold huge stockpiles of the U.S. currency.

"There has been for decades talk about creating an international reserve currency and it has never really progressed," said Michael Pettis, a finance professor at Peking University's Guanghua School of Management.

Managing such a currency would require balancing the contradictory needs of countries with high and low growth or with trade surpluses or deficits, Pettis said. He said the 16 European nations that use the euro have faced "huge difficulties" in managing monetary policy even though their economies are similar.

"It's hard for me to imagine how it's going to be easier for the world to have a common currency for trade," he said.

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Reposted:   (Humor- For those who don’t get it….lol)


BREAKING NEWS!  Dr. Dinar Calls The RV!!

We know how the Illuminati likes to give out clues in movies before something big happens, right?

And we know in the sequel movie, Back To The Future 2, they actually went forward (not backward) in time.

Well, there have been a lot of hoax dates out there but only one true date punched in to the Back To The Future countdown clock

According to all my super secret sources and based on all the factual facts, I do believe beyond a shadow of a doubt that I, Dr. Dinar have once and for all FINALLY cracked the code.

Yes, I found the exact date and time of the RV/GCR.

And yes, all of Dinarland can thank me later. Like, in a few days when they're on their way to the bank.

DISCLAIMER: No need to treat as rumor. After all, Dr. Dinar is no pseudo Guru, he's the real deal.

Back to the Future Countdown to October 21, 2015
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