Don't WAIT!

Monday, March 28, 2016

Bits and Pieces in Dinarland Late Monday Afternoon 3-28-16

WSOMN:

Mtiedel: Yesterday my WM called me, Told me to call HIM today. Just did that and he says he still doesn't have the "Go" to exchange yet. Apparently banks are closed in Europe today??!!!. I grew up with him and he called me ON EASTER!!!!

Adminbill:  THE RATES ARE SAID TO BE "REALISTIC" RATHER THAN ASTRONOMICAL (WHICH I WOULD LOVE). FOR INSTANCE $100 FOR THE ZIM IS ASTRONOMICAL WHERE 0.12 MAY BE MORE REALISTIC. RATES ARE A TOUCHY SUBJECT WITH ME BECAUSE WE WILL NOT KNOW UNTIL THE PLEASANTLY PLUMP LADY SINGS.

2562bce:  I'm glad the "realistic" rates are still in the amazing range to me.

Jumpy:  Admin...are your contacts telling you that the Zim notes are not considered bonds and therefore do not potentially have higher rates associated with them?
....
AdminBill:  JUMPY - NO THEY HAVE NOT SAID ANYTHING LIKE THAT AND THAT WAS SOMETHING THAT WAS BROUGHT UP JUST RECENTLY. PRIOR TO THAT IT WAS THE CURRENCY OF ZIMBABWE. NOW IT IS MAGICALLY A BOND NOTE. AMAZING THINGS CAN HAPPEN SO I WILL NEVER SAY NEVER.

AdminBill:  JUST SPEAKING TO WOLFY WHO IS SAYING THAT HE IS HEARING BEFORE THE 1ST….ON AN EVEN HIGHER AND MORE AWESOME NOTE HIS NIECE HAS COME OUT OF HER COMA. SHE CANNOT SPEAK YET BUT DOES RECOGNIZE PEOPLE AND CAN SHAKE HER HEAD SLOWLY FOR YES OR NO ANSWERS. KEEP THE PRAYERS COMING ON HER BEHALF FOR A COMPLETE AND SPEEDY RECOVERY!!!!

Cowboy:  Bill did your source give you any indication as to what conditions had to be in place for the one person to hit the RV button?
 
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CCSoCal:  Interesting article titled: That sound you hear is $100 billion getti​ng ready to charge back into the Chinese stock market http://ift.tt/1XZ22fL

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Monday WingIt CC Replay with Gerry Maguire 3-28-16

New WingIt chatroom/forum  http://ift.tt/1qcbYrQ

http://ift.tt/1XZ1ZRf

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Dinar Updates: 

firefly   IMF stated Iraq will enter the Global Economy BY the 1st half of 2016. The IMF doesn't lie.   Many of these items most are looking at have nothing to do with the monetary reform.  They are very good for Iraq's growth and great for the citizens. 

Q: [if they go global they need a reality rate right?] 

firefly:  Does it make sense to go global with their present rate? Are they working so hard to compete in the global markets if they weren't planning a change? 

They IMO would need a reality rate prior to entering the markets.

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TNT:

Mangelo:  I am very excited that the Iraqi Dinar is (reportedly) international!!!

Daz : INTERNATIONAL ONLY TECHNICALLY MEANS THAT ANY PRIOR SANCTIONS RESTRICTING INTERNATIONAL TRADE ARE REMOVED AND POSSIBLY SANCTIONED PROGRAM RATE HOLDS ARE LIFTED....IT DOESNT AUTOMATICALLY TRIGGER A RATE CHANGE,,TWO DIFFERENT THINGS

Xyz:  ITS HAPPENING ... Iraq's parliament gives PM until Thursday on new cab​inet amid unrest http://ift.tt/1qcbWQN
KTFA:

Aggiedad77:  The KTFA CC tonight with Pappa-J, Backdoc, and Thunderhawk will start at 7:00 pm Eastern time.

.It will not be a livestream call as Frank does it will only be available via the phone and on playback afterwards. 

CC dial in is 641-715-3640 pin 156996#

.See you there tonight   Aloha  Randy

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Walkingstick:  Parliamentary Finance: issuing treasury bonds is the perfect solution for the time being

Date Added 03/28/2016

Parliamentary Finance Committee confirmed that the issuance of treasury bonds is the best solution at the moment because the survival of Iraq on the rentier system.

Said committee member Majda al-Tamimi in an interview for "Economy News", the financial system at the moment is structured that most of the money that comes is from oil revenues, operating expenses do not cover the payment of salaries of state employees and file of the displaced and war against Daash, indicating that all the salaries and other expenses It has through the issuance of Treasury bills and money orders that are fed from the central bank reserves, pointing out that this trend is the best solution at the moment.

Tamimi confirmed that two billion and 200 million dollars is oil revenues for the month of February, and Iraq needs to four trillion to pay salaries every month and need to pay Nvaqat for displaced people, indicating that all payments of oil revenues has been supplemented by the amounts issuing treasury bonds and treasury remittances, which are fed from the bank reserves Central Iraq can meet and securing staff entitlements

She Tamimi said Avi case of high oil prices on the "45" dollars will run investment expenditure and implementation of the stalled projects that the budget in fact will not allocate investment funds this year for service projects, stressing that all the numbers in the budget, which was voted on will not be a real budget I have written and implemented in another.

http://ift.tt/1qcbWQP


via Dinar Recaps - Our Blog http://ift.tt/1XZ22fP

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