DR. CLARKE - Friends, here is the #1 REAL Reason the Iraq Dinar has not increased in value, OFFICIALLY as an International currency, for the past 2 years and more. Read the CNBC article below, that was released this morning. (Link below.)
For the past 2 months, we've been pointing to MARCH, and telling you about Mosul being the #1 Reason, because of the Bad Guy's money and choking it off, and the significance of bringing security to a level (including the Auctions), that when they do increase the value, they won't be super-funding the Bad Guys Worldwide, growing their organization and putting all nations at higher risk. (That's why they just destroyed 5 Banks in Mosul, the past month). (Read CNBC article below) It's been a WORLDWIDE SECURITY ISSUE, not just for Iraq.
For the past 2 months, we've been pointing to MARCH, and telling you about Mosul being the #1 Reason, because of the Bad Guy's money and choking it off, and the significance of bringing security to a level (including the Auctions), that when they do increase the value, they won't be super-funding the Bad Guys Worldwide, growing their organization and putting all nations at higher risk. (That's why they just destroyed 5 Banks in Mosul, the past month). (Read CNBC article below) It's been a WORLDWIDE SECURITY ISSUE, not just for Iraq.
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***THIS is primarily why there has been no RV of Iraq, or any other major currency worldwide. This is why we've been pointing to March and why the IMF is heavily involved right now too., as well as other factors that are WITHIN THE MONTH OF MARCH that are planned. The people of Iraq know this too - why do you think they decided to protest and riot in MARCH?.....it just started. Because they know NOW is the time.
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CNBC Article Link: http://ift.tt/1SlKRWi
ISIS 'making millions' by gaming Forex Markets
Holly Ellyatt | @HollyEllyatt
CNBC.com
The militant group that calls itself Islamic State (ISIS) is exploiting national banking operations in Iraq and could be making up to $25 million a month in Middle Eastern money markets, according to experts.
Speaking to a U.K. parliamentary subcommittee set up to examine how Britain could help disrupt ISIS financing, experts told the panel that as well as making money from oil smuggling, taxation and extortion, ISIS was exploiting loopholes in existing financial operations in the Middle East to make millions.
David Butter, an associate fellow at policy institute Chatham House, told the committee, which was held in in February with notes published on Wednesday, that "the Iraqi central bank foreign currency auction systems are an area that needs to be investigated very strongly" as ISIS was using those systems to earn money on the foreign currency markets.
Asked how the operation worked, Butter said Iraqi dinar funds taken by IS from civil servant's pensions and banks in Mosul (which is under IS control) were siphoned off through Jordanian banks and then back into Iraq through Ramadi (a former ISIS stronghold) and then "back into the Baghdad system" through a transfer system called "Hawala" – described as an alternative remittance channel that exists outside of traditional banking systems.
"So when the Iraqi Government does its regular foreign currency auctions, the ISIS money is inserted into that system and they can make a margin on the differences between the various exchange rates there and send it back into their areas through Hawala operatives. This is the way money moves in the Middle East," Butter said.
The international coalition against ISIS which includes the U.S., U.K. and a number of other Western countries needed to co-ordinate with the "Iraqi Government on what kind of procedures can be made to make that whole trade watertight, because it is not at the moment," Butter said.
An airstrike by a U.S. led coaltion warplane explodes on an ISIL position on November 10, 2015 near the town of Hole, Rojava, Syria.
"Credible estimates I have seen are that there are sustainable, ongoing revenues coming out of the Iraqi money markets that Islamic State is still managing to earn $20 million to $25 million a month out of."
ISIS 'making millions' by gaming Forex Markets
Holly Ellyatt | @HollyEllyatt
CNBC.com
The militant group that calls itself Islamic State (ISIS) is exploiting national banking operations in Iraq and could be making up to $25 million a month in Middle Eastern money markets, according to experts.
Speaking to a U.K. parliamentary subcommittee set up to examine how Britain could help disrupt ISIS financing, experts told the panel that as well as making money from oil smuggling, taxation and extortion, ISIS was exploiting loopholes in existing financial operations in the Middle East to make millions.
David Butter, an associate fellow at policy institute Chatham House, told the committee, which was held in in February with notes published on Wednesday, that "the Iraqi central bank foreign currency auction systems are an area that needs to be investigated very strongly" as ISIS was using those systems to earn money on the foreign currency markets.
Asked how the operation worked, Butter said Iraqi dinar funds taken by IS from civil servant's pensions and banks in Mosul (which is under IS control) were siphoned off through Jordanian banks and then back into Iraq through Ramadi (a former ISIS stronghold) and then "back into the Baghdad system" through a transfer system called "Hawala" – described as an alternative remittance channel that exists outside of traditional banking systems.
"So when the Iraqi Government does its regular foreign currency auctions, the ISIS money is inserted into that system and they can make a margin on the differences between the various exchange rates there and send it back into their areas through Hawala operatives. This is the way money moves in the Middle East," Butter said.
The international coalition against ISIS which includes the U.S., U.K. and a number of other Western countries needed to co-ordinate with the "Iraqi Government on what kind of procedures can be made to make that whole trade watertight, because it is not at the moment," Butter said.
An airstrike by a U.S. led coaltion warplane explodes on an ISIL position on November 10, 2015 near the town of Hole, Rojava, Syria.
"Credible estimates I have seen are that there are sustainable, ongoing revenues coming out of the Iraqi money markets that Islamic State is still managing to earn $20 million to $25 million a month out of."
The experts, which also included Tom Keating from the Centre for Financial Crime and Security Studies at RUSI and Luay al-Khateeb, executive director of the Iraq Energy Institute, dismissed notions that ISIS' main source of revenue was still oil, saying that the media had distorted the amount of money the group could make from its oil operations.
Butter said that, in his view, "the biggest source of funding for the Islamic State is what was accumulated prior to 2014—the war chest from Mosul and the operations in Iraq."
An armed motorcade belonging to members of Derna's Islamic Youth Council, consisting of former members of militias from the town of Derna, drive along a road in Derna, eastern Libya October 3, 2014. The group pledged allegiance to the Islamic State on October 3, 2014 local media reported.
"Those funds were derived from a wealthy state system and were circulated through the Iraqi financial system—particularly through the Central Bank of Iraq's currency auctions. There are financial transactions that have been investigated, but I don't think have been completely stopped, that relate to the war chest that was built up in Iraqi dinars and was then processed through into various dollar flows."
Butter said that, in his view, "the biggest source of funding for the Islamic State is what was accumulated prior to 2014—the war chest from Mosul and the operations in Iraq."
An armed motorcade belonging to members of Derna's Islamic Youth Council, consisting of former members of militias from the town of Derna, drive along a road in Derna, eastern Libya October 3, 2014. The group pledged allegiance to the Islamic State on October 3, 2014 local media reported.
"Those funds were derived from a wealthy state system and were circulated through the Iraqi financial system—particularly through the Central Bank of Iraq's currency auctions. There are financial transactions that have been investigated, but I don't think have been completely stopped, that relate to the war chest that was built up in Iraqi dinars and was then processed through into various dollar flows."
Friends, this is the 1st WEEK OF MARCH. Great things are happening right now. We expect EVERYONE to be at Exchange Centers, which includes Banks, exchanging their Iraq Dinar, by NO LATER THAN MARCH 22, 2016, if you choose. Make no mistake, there's an URGENCY to raise the value, and OFFICIALLY become an Internationally Traded Currency, asap.
Let's believe in their plan & timetable - and watch it unfold over the next couple of weeks - Barring any major catastrophe's, which is always a possibility in the world we live in and - this will become Official soon.....you're seeing the hard evidence.
Remember, we have nothing to prove here, and we don't NEED you for anything. We don't want your money, your applause, your ANYTHING. We just want to help you out a little, along the way. That's it. Nothing more. EVERYONE WINS.
Sit back, Relax, Watch, and take your time. It will come right to you.....EVERYONE WINS.
I Intend the Best for ALL,
Dr. Clarke
via Dinar Recaps - Our Blog http://ift.tt/1oSyJA6
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