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Friday, March 11, 2016

Dinar Updates Thursday Afternoon Chat  3-10-16    Part 1 of 2

Post From Dinar Updates 3-10-16
Chat Room Excerpts & Highlights

Dinar Updates Thursday Afternoon Chat  3-10-16    Part 1 of 2
 
rcookie says():Haji ruthless means annihilated currency auction claimed , for example , becomes a day per week only?
 
rcookie says():(The governor of the central bank on the Keywords announced in the third from last March that the new guidelines set by the bank is that the auction is no longer a daily window for operations for the sale of currency auctions,
 
noting that the new mechanisms developed to sell this currency, especially The functions of providing currency for trade) and external.
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 rcookie says():(The governor of the central bank on the Keywords announced in the third from last March that the new guidelines set by the bank is that the auction is no longer a daily window for operations for the sale of currency auctions, noting that the new mechanisms developed to sell this currency, especially The functions of providing currency for trade) and external.
 
subgirl says to rcookie():if it is only 1 day aweek then how will they manage?
 
Soonergirlie says():auctions only 1 day a week? that would be great...
 
rcookie says():announced the Governor of the Central Bank of Iraq on the Keywords, Tuesday, for the development of new mechanisms for the auction currency , which " is no longer a daily window , " he said , adding that a lot of hard currency being smuggled out of the country as well as used in corruption.
 
Pablo says():That's cutting things back quite a bit.
 
rcookie says():Keywords and said in a press conference held today, the bank building and attended by Alsumaria News, " The new regulations set by the bank is that the auction is no longer a daily window for operations for the sale of currency auctions," adding that "new mechanisms developed to sell this currency, especially that of its functions provide currency for foreign trade. "
 
Soonergirlie says():agree Pablo
 
foxmulder says():rcookie I'm guessing I suppose there's only one other way to sell their currency that would be through International Trade correct
 
rcookie says():he Keywords that" some companies are non - banking business, businessmen and contractors have switched their activity to speculative currency, in addition to that he became a cover to facilitate many of the processes related to smuggling money and the proceeds of corruption and crimes abroad and therefore there will be negligence in foreign currency that make up the cover of the local currency. "
 
rcookie says():among Keywords that" the most dangerous in the sales operations , which are conducted in the auction is cash sales of the dollar, which reached record amounts and which arrived in the last two years to $ 15 billion a year, " pointing out that "these amounts are very large compared with our imports from the dollar compared to the country 's need of cash to cover travelers and treatment and other expenses."
jarhead says():so....r they gonna do it or what ?
 
rcookie says to Hutch():CURRENCY AUCTIONS 1 DAY PER WEEK....
jarhead says():enquiring minds want to know
subgirl says to rcookie():That is BIG NEWS!!!!
jarhead says():also broke pocketbooks :D
 
Hutch says to rcookie():ALL COMING TOGETHER
rcookie says():WANING OF MCP'S!!!!!!!!!!.........................
 
rcookie says():NEW MECHANISMS FOR THE CURRENCY AUCTION...WHICH NO LONGER A DAILY WINDOW.....
clay says to rcookie():hey buddy thats what we want right cutting down the auctions
 
rcookie says():WOW!!!!!!!!!!!!!!!!
jarhead says():guess so clay lol
larrykn says():WOW :)
 
rcookie says():I DONT KNOW WHO EVERYBODY IS ANYMORE...ABADICOPY..STARSKY,,,COOLCOPY......CANT TELL THE PLAYERS WITHOUT A PROGRAM....:D
 
larrykn says():how much longer now can they go without doing something :)
larrykn says():we like to keep you guessing :D
 
Pablo says():Especially with the bonds being issued next week?
subgirl says to rcookie():very exciting!!!!
subgirl says to rcookie():News is HUGE!
 
rcookie says():YES AND THE PRTICULARS COMPLETELY DEFINED.......BUDGET EXECUTING ON ALL CYLINDERS!!!
 
Hutch says to rcookie():YOU CAN GET A PROGRAM AT THE CONCESSION STAND !
 
jarhead says to rcookie():well theres only one ME
 
rcookie says to jarhead():YES SIR!!!!!
larrykn says to rcookie():yes it will only cost you a 25000 K note :D
 
rcookie says to larrykn():BARGAIN!!...(y)
 
rcookie says to larrykn():8 BILLION IN AIRPORT AND INFRASTRUCTURE DEVELOPMENT ...325 BILLION IN DEVELOPMENT ENERGY INVESTMENT PROJECTS.....7 BILLION PORT OF FAW...
 
subgirl says to rcookie():WOW!
larrykn says to rcookie():and where is this money coming from ??
 
rcookie says to larrykn():CHUMP CHANGE...THEY HAVE 1182.....OR A DIME...LOL
 
Geofitness says():Just thinking outside of the box. Is ther a possibility they could come out low (.10, .25 ect...) then a significant increase a month or so later? May be an ISIS tactic? Just a question
 
DOES NOT HELP THEM AT ALL...AND RUNS COUNTER INTUITIVE TO THE VALUATION NEED COMPETITIVELY TO BE ON PAR WITH REGIONAL AND BORDER PLAYERS...AND MORE IMPORTANTLY...TRADE PARTNERS.....
 
Geofitness says():I understand logically, you taught me/us well rcookie. Just wanted to ask since this is Iraq afterall
 
rcookie says():PUBLIC OFFERING BONDS RELEASE IS 1ST TIME SINCE 2003......
 
Geofitness says():Excuse my mental recal, but I thought they offered these bonds on and off since last August or so and no one bit on them
 
larrykn says to Geofitness():I believe this time they will have a rate to go with it, we will see next week :)
 
wmawhite says to Geofitness():that logic is same as having a house worth $250,000 and putting it on market for $50,000 planning on raising it to $25,000 some time later. Why?
 
Pablo says():It would be stupid for them not to have a rate to go with the bonds.
 
tman23 says():The CoM had agreed to housing for the citizens......... The government will pay for 50% of the home and the citizen will draw a mortgage for the balance of 50% for 15 years or 20 years with a 1% administration fee.........
 
The CoM also decided to lower construction material costs on 84 items......Ukaranian steel ...rebar...etc...plus bathroom and laundry fixtures and accessories.......
 
SO the mystery begins as the loans become available...... Do you have all this bank accounting with loans and mortgages that contain 3 zero accounting OR do you lift the zeros before you start this new loan program......
 
 IF you are eliminating corruption and chaos you start with accurate accounting....... the loans with 3 zeros and then adjusting it 6 months down the road or so is not logical
 
dorisjean says():too many issues that need a resolution of a revaluation of this currency.
 
tman23 says():AND if you go back to 2010/2011, Shabibi spoke on mortages and the confusion for citizens of adjustment to loans when lifting the 3 zeros....... IF these loans begin to the citizens with the 3 zero accounting included........This is not in our favor......IMO !
 
dorisjean says():I dont think they would have very many takers at the current value of their currency
 
plowboy says():something I've continued to miss in all the dinar discussion is, what is meant by keywords?
 
wmawhite says():Folks.........the bonds have zero to do with the bonds.
dorisjean says():huh?
 
wmawhite says():I meant.the value has zero to do ...
dorisjean says():lol  
wmawhite says():If the bonds are sold inside Iraq.............a dinar is equal to a dinar......value has nothing to do with it.
dorisjean says():but if those bonds are offered internationaly, diff. ball game
 
tman23 says to plowboy():Keynote Speaker......... The top of the food chain !! Keywords.....The top of the food chain !! The President is the keyword....... The Prime Minister is the keyword......
 
It is not the opinion from some staff or understudy.....but rather the MAIN MAN....and his words are those that count......THUS KEYWORD !!
 
Hutch says to dorisjean():THESE ARE LOCAL BONDS
 
wmawhite says to dorisjean():If you are to receive, lets say, $5 million at the end of the bond period...........you are getting the $5 million regardless of the rate.................
 
Hutch says to dorisjean():Iraq's central bank sells first local bonds to public since 2003
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Comments may be made at the end of Part 2  Thank You  


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