Don't WAIT!

Monday, November 23, 2015

More News, Rumors, and Opinions Monday Evening 11-23-15

TNT:

Willeydell70:  So sounds like we really need to be watching for lower denoms to be out and Iraqi people to be paid.. I hope they release the RV after those 2 things quickly:)

Dave202:  Willey Tony said when the LD's go we are next

Willeydell70:  Dave101. Sounds like most gurus feel that way, i just wonder how long it will take…. There have been so many opinions of what we are looking for. I just dont think anyone truly knows. I am watching for LD's.

Rrrr:  It’s time to give THANKS… It’s time for the GIVING… how appropriate it seems at these moments we’re living, to just STOP and reflect on THIS moment we share. What WAS, doesn’t matter, it’s of THIS time we should care…. For all who we love and interact with each day… to say Thank You to all who have brightened our way!... It’s a time for perspective, so just take a moment, turn and give them a hug, and a smile, heaven sent.
....
Rrrr:  Here we are together at another Thanksgiving…as I surmise the moment, I find myself torn between two scenarios… one is real, that is the adventures I have shared with all of you!.. The other is still a dream; the dream that has brought us all together and always will until our dream becomes reality. The Lessons learned here are abundant… the memories we’ve endured through this RV, will in our hearts, forever be protected. As we approach our dream, let us give THANKS…. And always be GIVING.

BigRig:  I am just grateful to have several currencies and OUR day will be here shortly and BOY ARE WE GONNA HAVE FUN..

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Dinar Updates: 

Firefly   We are NOT waiting for laws. They were amending old laws, NOT creating new ones.  IMO they won't even tell us when they are/were activated. 
Much of what I am reading on international sites hints that many are already activated.

Q:  [...and art 140 is rearing its head again?] 

Firefly: I'm not concerned about article 140.  Yes, it is HUGE in Iraq and will help them immensely but what does it have to do with a international monetary reform? 

Q: [the way i get it is we wont see an rv till between jan and june of 2016, but i could be wrong?] 

Firefly: According to the UN, US and Iraq reform agreement, there is an end date!  IMO, it's all about timing now.

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Mnt.Goat: (Excerpt Reposted)  They will have to launch the LOWER DENOMINATIONS very soon along with a significant increase in the rate of their currency.

Why? Because they need to collect these 3 zero notes and they need to do it now thus must give the citizens an incentive to do so. The incentive is to make them worth more than the US dollar.

The plan is to increase the value to 90 cents - $1.14.  You will probably not see this rate at the exchanges as it will happen suddenly and IS NOT THE RV. 

THIS NEW RATE IS NOT THE RV nor is it a FLOAT. It is simply the CBI determining to raise the value of the dinar and is an in-country rate increase.

It is a temporary measure as the full RV will follow 4-7 days later. 

The rate can not and will not stay for long and is only an incentive to turn in the 3 zero notes in exchange for the NEW lower denoms. At this time they will announce a CUT-OFF date also and the 3 zero notes will no longer be legal tender in the Middle East. 

I SAID IN THE MIDDLE EAST...not the rest of the world.

They also want to convert over to the lower denominations (the new Iraq permanent currency) prior to the full blown RV as much as possible. 

As I have said many times over and over to watch for the project to “delete the zeros” and other signs and our RV is close at hand. Now we are witnessing the most significant sign of all these signs as it is the final stage of the implementation of the process for their plan.
KTFA:

Aggiedad77:  Privatization of Rafidain and Rasheed Banks.....it's been coming..(see article below)  ....hardly "keywords" idea.....IMO.....something that is a part of the MR process that is coming from Dr. Shabibi.....and the rejection of USD being used for salaries.....of course they can't and won't do that.....

They seek what......remember....."National Rate Position" and also....remember......"capped rate higher than KW"....these banks are being "poised".....just as we saw a week or so ago that Warka is being "poised"......they are being prepared for what is to come.....the "National Rate Position".....

the BEST is yet to come....soon....I believe....soon.   Aloha   Randy

Walkingstick:  Economist: rejection of the central bank for the distribution of salaries in dollars "correct decision"

BAGHDAD / ... considered the economic expert on behalf of Jamil Antoine, on Monday, the central bank rejected a proposal to the employees' salaries or part of the distribution of the dollar as a "correct decision", among that raise the value of the Iraqi dinar against the dollar needs to be other economic steps

Said Antoine's "Eye Iraq News", that "the central bank when he refused a proposed employees' salaries distribution or part of the dollar was a" correct decision ", saying that" we have a national currency and the distribution of the dollar affects the sovereignty of the country and will create many distortions in the market and will face accountants, bankers have great difficulty Regardless salaries. "

He said economic expert that "the direction of the central bank for the privatization of the Rafidain and Rasheed and restructure will improve the Iraqi economy to contain those banks to big problems hampered its duties," stressing that "we miss banks meet Ttalaatna economic reform and therefore must banking system reform in accordance with the adopted global system because it represents the backbone of the economy. "

The Central Bank, rejected a proposal for the distribution of employees' salaries in dollars, noting that the dollar can not be a substitute for the national currency.

The Governor of the Central Bank on the Keywords revealed that the Rafidain and Rasheed, "Asthoman" 80% of banking sector assets in Iraq, noting that the two banks are suffering from several problems, he explained that the Central Bank is moving to privatize the two banks. It ended 12

http://ift.tt/1XauI9y

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Walkingstick:  Ulkipaia: can not issue currency without a cover of gold or the dollar

11/24/2015 0:00   BAGHDAD Shokran Fatlawi

counting researcher d. Hamid Ulkipaia modern edition of the class »50« thousand dinars normal procedure intended to restructure the national currency, and to facilitate the shopping process currencies and traded in the local market, pointing out that this is not about politics
cash.

He Ulkipaia that this measure will facilitate the calculations in a country like Iraq disappear in it credit card and Visa card prevailing in other countries, where forced people to carry cash and attendant risks.

He pointed out that this measure is part of a project to restructure the currency, pointing out that it is long overdue fact that the need has become urgent for the issuance of the biggest and high Akiem categories such as 100 and 200 thousand dinars, similar to neighboring countries and the world and put them circulation has been suspended as a result of rising incomes Mayshl banks and people work to end either.

In a question »Sabah» whether there are stocks of the dollar offset the new currency Ulkipaia explained that the lack of possibility of currency issuance in the countries responsible unless offset by stocks of the dollar, gold or cash reserve pointing out that at the time of the former regime was printed banknotes without that there will be a stock of hard currency from the fact that the country was trapped and has no contact with other countries.

The academic pointed d. Falah Thuwaini that the aim of the new edition is to reduce the quantitative content (numerical), saying not all modern edition is a new cash issue increases the amount of money supply, explaining that if it were printed will alone billion dinars from the category of 6000 dinars, or 10 000 dinars, or even 25 000 dinars possible that this billion itself is to be 50 000 class or 100 000 dinars, adding the possibility that there is a Ward acceptable to lead such a move to inflationary expectations in the case of a new version for multiple purposes to Aadamh up or cover concern appropriately.

The central bank, It said in a statement, Al-Sabah received a copy of it, that «for the purpose of completing the Iraqi banknotes structure and the development of high-class value in trading.

The issuance of cash and paper of class 50 000 dinars using super quality of the quality of the printing paper with a number of signs of security, technical and compositions to prevent counterfeiting .

also revealed to the parliamentary Committee of Economy, yesterday, for the issuance of class 100 000 dinars cash currency early next year in order to market need to handle them, pointing out that legal action properly and in conformity with the laws of the central bank.

http://ift.tt/1N4YDFl

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Walkingstick:  The central bank rescued from collapse of the Iraqi dinar

Saad Jabbar Sudanese Tuesday November 24.2015 at 00:00

Suddenly and without warning other opens fire weapons machine guns and aiming his arrows against the Iraqi Central Bank of unlawfully and singing his accusations that what Allah revealed by the Sultan without hard evidence or knowledge of the simplest principles of economics and money ..

that the Central Bank of Iraq is not a new phenomenon It is an Iraqi financial institution established and available where the expertise and energies of financial and minds of specialized matters of finance and economy and otherwise believes it is the most important or he wants to ride his head ..

Central Bank of Iraq has worked since the fall of the former regime in the (2003) to build financial reserves to be a strong cover and Sanda Iraqi currency and kept the value of the Iraqi dinar, despite all conditions and volatility also remained the Iraqi dinar exchange about the foreign exchange rate in the forefront of the dollar maintaining a balance despite attempts by some of the traders and manipulators who do not care about national interest supreme as far as what matters to them overeating pockets profiteering Sacred ..

It is Here we see that the abuse of the Central Bank and some private banks is ill-intentional and deliberate the banking industry promising in Iraq, especially since the country's future on attracting foreign investment stage and downright domestic or foreign investor can not take a risk unless convinced that the Iraqi dinar strong and robust economy and its banks sober nor We believe that an Iraqi who loves his country accept that damaged the reputation of the banking industry ..

noticed that after the exposure of the Egyptian Tourism serious setback, especially in Sharm el-Sheikh resort on the background of the fall of the Russian plane claimed the artists and performers Egyptians to Sharm El Sheikh and each according to his own way to deliver a message to the world that the Sharm el-Sheikh were safe and Tourism in Egypt List ..

Imagine that one of the accusations that the central bank was under the disappearance of the title (10) billion dollars, but it turns out that what was said just a lie I want from which to bring charges not only where the response by the central bank formal statement refuted these rumors altogether.

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