Don't WAIT!

Saturday, January 2, 2016

News Rumors, and Opinions Saturday Afternoon 1-2-16

TNT:

Lilypad:  To answer the question about the announcement by Abadi to the Iraqi people, I am almost positive that this announcement was on Facebook. He made it just after 12am Jan 1st Iraqi time.. It has been posted prior in our chat room 11 min after he made it. I will repost it here in two parts.

Part 1: Security and a promise in the year 2016 is the new flag over Mosul Iraq expelled last dạ‘shy of our souls, this will be achieved, the promise of God's promises have been achieved in the year 201, his victories in the liberation of Tikrit and Peggy and areas in diyala, big mouth and ramadi.

Part 2: And I am optimistic that we'll get through the financial crisis and that Iraq would come out of it stronger than it was, accept my congratulations and I finish each year and Iraq and its people and mankind as a whole, a thousand good
....

RayRen98:  The hammer shatters the glass, but forges steel. If you're glass, if you're superficial, if there's no faith in you, your struggles will crack and shatter you. But if you have in you the victory that overcomes the world, then the hammer of circumstance hitting you will make you into a strong person.

Vinterv:  When Kuwait revalued. It was first reported leader had died, they revalued and then 2 days later they found out he was alive…. Guy ran into soldier with currency that thinks this is happening soon

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elmerf123456 wrote Fear mongering is the deliberate use of fear based tactics including exaggeration and continual repetition to alter the perception of the public in order to achieve a desired outcome! Nothing has changed except the year. (2015 TO 2016) Don't fall prey to your mind and other peoples concepts. That's all it is..a concept. Take a look at your currency. Does it look the same? Feel the same? Add up the same?...Good! You will win the same!

Uni345ty: . There is such a quietness like something is getting ready to break forth. Lord please let it be

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Jabari:  On The Trail Of Dubai's Stolen Gold: A Robbed Client Breaks The Silence, And A Fascinating Detail Emerges

On Christmas Day, 2015, we told our readers the fascinating tale about the Turkish-Iranian gold smuggling ring - perhaps the biggest and most brazen in history, one which lasted for years, which saw billions in gold transported out of Turkey and into Iran to allow Tehran to circumvent the western financial sanctions using gold as a medium for bater, and which was all made possible thanks to the tiny Emirate of Dubai. 

What made this particular instance of gold smuggling especially memorable is that it reached to the very political top in both Turkey, and Iran, and Dubai.

However, while the broad framework of Turkey's exporting of gold to Iran, initially directly and then via Dubai, had been already in the public domain, Zero Hedge first revealed the man, or rather people, who made it all possible: the Dubai gold "trading" company of Gold.A.E. - is a subsidiary of Gold Holdings Ltd, a company which is owned by SBK Business Holdings and Abu Dhabi's second in command, the son and avisor to the ruler of Abu Dhabi, Sheik Sultan bin khalifah Al Nahyan.

The reason why Gold.A.E. suddenly, and very dramatically, emerged on the global arena is because as we first reported a week ago, the company's "new" management team admitted that after many months of "inquiries", it had discovered that not only had the "old" management, led by the now former CEO of Gold A.E., Mohammad Abu Alhaj disappeared, but that all the money - and gold - held at Gold.A.E. which once again was primarily a "trading" front for the Turkish-Dubai-Iran gold smuggling triangle, had been stolen.
Here, for those who missed it the first time, is the letter that Gold.A.E.'s stunned clients received in late December:

Dear Client

A group of minority shareholders of GOLD HOLDING suspected that there were questionable financial transactions being undertaken in Gold AE DMCC ("the Company"). Acting on these suspicions they initiated internal investigations. During the course of the investigations the entire then management team abruptly resigned with no notice. Since the majority shareholders also seemed to be unavailable, the minority shareholders did not accept this resignation. However, these persons went to DMCC, submitted their resignations and managed to get their visas cancelled.

Following this, in august 2015, Mr. Andre Gauthier has been appointed as the manager of the Company so that investigations continued and once completed necessary action can be taken to secure the interests of the clients and shareholders of the company. His appointment took effect from August 9 ,2015 . When he took over, new management realized that he now had access to more information concerning the activities of the previous management and, he realized that there had been substantial withdrawals from the company's account to the personal accounts of some of the management and the majority shareholders.

Management has also uncovered information with respect to the existence of a bank account with Arab Bank (Switzerland) Ltd in Switzerland in the name of the Company. An attempt has been made to approach this bank but, since none of the current management or minority shareholders are signatories to the account and, due to the stringent Swiss banking laws and regulations regarding confidentiality, no additional information or access has been provided by the bank.

In order to try and secure/recover monies that had been taken out of the accounts of the company, Mr. Gauthier in his capacity as manager has filed various cases as against the recipients of the funds from the Company (Dubai Police ( Bur Dubai Police Station), Case No: 24378). The minority shareholders are doing everything within their powers to support him in his efforts to recover these monies that were withdrawn from Gold AE in questionable circumstances.

DMCC has alleged that some of these activities undertaken by the previous management are in breach of DMCC's rules and as such they have taken the decision to terminate the license of the Company. We are working closely with DMCC to find a solution and in the meanwhile, we request that you bear with us. In the meanwhile, as a statutory consequence of the license being terminated, the trading platform of the Company has to shut down as of the date of termination of the license which is 24th November 2015.
 
We trust the forgoing is of assistance.

 Sincerely,   On behalf of GOLD AE MANAGEMENT

Or, as we said a week ago, one can summarize the letter above by loosely paraphrasing South Park's infamous episode: "aaaannd it's gone. The gold is all gone."

Read More at:    On The Trail Of Dubai's Stolen Gold: A Robbed Client Breaks The Silence, And A Fascinating Detail Emerges

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Dinar Updates:

wmawhite   I have never put a lot of significance into the beginning of the new year...until now.

Because of the numerous statements that have come from the CBI, IMF and WB...I truly believe that these next few weeks are very possibly going to show a huge change in the monetary policy of Iraq...and hopefully, a change in the value of the IQD...and hopefully very good things for this investment.

KTFA:

Frank26: LAST NIGHT'S E CC :

Said............. PARALLEL RATES .............. SELL RATE vs EXCHANGE RATE.

NOTE:   GOI TALKS LIKE CBI.

KTFA FAMILY .......... THEY CHANGED THE SELL RATE AS 1 OF 2 FOR ARTICLE 8 ...... NOW ....... THEY CHANGE THE EXCHANGE RATE AS DEFINED ON YOUR E CC LAST NIGHT........... FOR 2 OUT OF 2.

TA DA FREAKEN DA ................ :))

A RIDER INSIDE 2016 BUDGET FOR HCL ......IMO ........ THIS IS......... ;)

Told You we had MORE........... Yup \m/

KTFA    Frank........... FRAME THIS ONE !!   (See Article Below)

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Backdoc:  FRANKIE, FRANKIE,

I RARELY COMMENT ON YOUR POSTS BUT THIS ONE I AGREE SHOULD BE FRAMED!

YOU WERE WISE TO PREVENT A MISUNDERSTANDING TO THE FAMILY ON THIS ISSUE! GOOD JOB!

NOW WE SIMPLY WAIT FOR THE SECOND HALF OF THE SHOW! HEE HEE

DOC   IMO    LIVE LONG AND PROPER MY FRIEND!

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Walkingstick:  Saturday, January 02 2016 17:05

Parliamentary Economy: we set in our own 2016 budget proposal to reconsider the monetary policy of the Central Bank

BAGHDAD / Baghdadi News / .. revealed to the economic and investment commission in Parliament, on Saturday, installed a proposal for the budget of 2016 to reconsider the monetary policy of the Central Bank of Iraq.

Said committee member Najiba Najib in an interview with / Baghdadi News /, said that "the economic and investment commission in parliament proved its report on the budget of 2016 processors and several proposals to avoid a financial crisis, including the revision of the monetary policy of the Central Bank of Iraq."

She said Najib, that "the State will travel to reconsider monetary policy to contribute to a possible cash flow and be able to make some changes to this policy for the exchange rate, auction, banks, dealing with imports," adding that "there will come the need for changes change that got the Iraqi revenues. "

She continued, "the monetary policy of the Central Bank heading towards currency stability that is, they preferred currency for many of the other targets, but the real price of the Iraqi dinar 1220 dinars per dollar than it was on the ground."

She explained a member of the Economic Committee, that "the Commission will try to stand on this axis to be able to achieve more by remittances and auction revenues and everything related to the price of the Iraqi dinar exchange rate against the dollar" .anthy 21 / l

http://ift.tt/1lSPRUY ... LEKen.html
 
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Walkingstick:   Adviser Abadi: we seek with the Central Bank to provide liquidity to cope with financial crisis

January 2, 2016 2

Adviser Abadi: we seek with the Central Bank to provide liquidity to the financial crisis

http://ift.tt/1mWKfto ... 8A-%D8%A7/

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Walkingstick:  Border crossing points: our revenues during 2015 amounted to 213 billion dinars

History of edits:: 2016/1/2 18:00 •
[Baghdad - where]

border crossings Directorate announced the achievement of financial revenues in 2015 amounted to 213 billion dinars.

The Director-General of the border ports Maj. Gen. Sami Sudanese in a statement received by all of Iraq [where] a copy of it, that "the fiscal revenue of the ports in 2015 amounted to 177 billion dinars."

He added, "As a percentage of the US dollar, reaching 30 million American countries through the border crossing points." .is over

http://ift.tt/1j5cd3P ... ryid=25893


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