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Sunday, June 12, 2016

BGG & RCookie News Time Part 2 of 2

Post From Dinar Updates
Chat Room Excerpts & Highlights

BGG & RCookie News Time Part 2 of 2

 
rcookie says(): SOME OF THESE SMALLER BANKS UNDER INVESTIGATION BY CBI & UST STRUGGLED TO GET TO 250 BILLION...
 
rcookie says(): TBI WAS AT 500 BILLION AND RAMPED TO 1.75 TRILLION...
 
rcookie says(): GETTIN RAEDY FOR SOMETHING....
 
BGG says(): Exactly.
 
Hutch says(): I LOVE IT WHEN THEY SAY THAT !!!!
 
rcookie says(): AND I DONT THINK ITS SIMPLY THE DEVELOPMENT LOAN ACTIVATIONS...
 ~~~
rcookie says(): THAT WAS THE OTHER ANNOUNCEMENT FROM CBI GIVING 8 BANKS 3 MONTHS TO RAISE TO 500 BILLION...
 
BGG says to rcookie(): Exactly - there is a lot being made of this loan program - but where are they going to get the money for such an undertaking??
 
BGG says to rcookie(): Point is - they are just now starting to get their "fiscal act" together... and they have some support coming in. But not THAT kind of support.
 
BGG says to rcookie(): So...
BGG says to rcookie(): your suspicions may be right on...
BGG says to rcookie(): something bigger is in play
 
SRW says(): Hopefully by raising the value of their DINAR
 
rcookie says(): AGREED.....BUT ME THINKS THEY ARE POLISHING THEIR FINANCIALS FOR ISX.....
 
jimplants says(): global ISX
 
BGG says to rcookie(): and that is just fine with me...
 
rcookie says(): COMPANY REGISTRATION DEPT OF COMMERCE DEPT ANNOUNCED 98 COMPANIES ESTABLISHED IN MONTH OF MAY....
 
BGG says to rcookie(): and you all know my comments on this point...
 
BGG says(): Once there is shift in value...
 
rcookie says(): THE POT IS SIMMERING!!!!!
 
BGG says(): Once there is money in the ISX... it may well be the next biggest source of millionaires in the world...
 
BGG says(): it may well be bigger than this currency play
 
jimplants says(): dont tell people that its our secret
 
rcookie says(): AND THE DUST IS SETTLING ON TH ERESTRUCTURING AND PRIVATIZATION OF THE 192 SOE'S....
 
dorisjean says(): Iraq has/is poised to enter the global scene. We see this through the proding of the IMF and all the other three letter agencies.
 
Being hand held and spoon fed. Along with the courage of Abadi we will see this emergence of Iraq along with a shift in the value of their currency. Sooner rather than later IMO.....
 
rcookie says():THE IDENTITIES WILL BECOME CLEARER EVERY DAY
 
rcookie says to dorisjean(): VERY WELL SPOKEN!!! AND TOTALLY AGREE!!....
 
risk says(): Would you guys expect an announcement from the IMF regarding a possible extension
risk says(): From the 30th
 
BGG says to dorisjean(): You know...
BGG says to dorisjean(): I was sitting with my parents this AM - over breakfast... out of the blue...
 
BGG says to dorisjean(): my Mom says "Do you really think this Dinar is going to do something"...
 
BGG says to dorisjean(): in so many words (and I broke it down pretty carefully) - I said almost the same thing you just did.
 
BGG says to dorisjean(): short answer - yes. Sooner rather than later.
 
rcookie says to risk(): EXTENSION?
 
Hutch says to rcookie(): risk: Would you guys expect an announcement from the IMF regarding a possible extension
 
risk says(): The mou in Dec 15
 
da58 says(): NOPE
 
rcookie says to risk(): ???
 
jimplants says(): they have already agreed to it
 
rcookie says to risk(): THE LOI IN DECEMBER 2105 FOR 2016...
 
rcookie says to risk(): WAIT..
 
dale says(): A couple of weeks ago an article was brought in that the GOI had made a deal with the Kurds to pay and back pay salaries etc. for 2014, 2015 and 2016 ..... through the current revenue streams do they have the money to fund this ..... if this is the case?
 
rcookie says to risk(): LETS FINISH RISK...
 
dale says(): That was for the first part of July I believe ......
 
rcookie says to risk(): THE SMP IRAQ HAS BEEN UNDER AND WILL CONTINUE TO BE UNTIL END OF 2016....AND THEIR BEYOND SPECTACULAR PERFORMANCE ALLOWING THEM TO QUALIFY FOR THE SBA LOAN UMBRELLA PACKAGE THEY ARE CURRENTLY PURSUING...
 
rcookie says to risk(): THEY HAVE PERFORMED IMPECCABLY AND CONTINUE TO DO SO RIGHT UP THROUGH THIS WEEK WITH INITIATIVE AND MANDATES....REMEMBER THE CHECKLIST...
 
rcookie says to risk(): PUBLIC FINANCIAL MANAGEMENT...BANKING SUPERVISION...
 
rcookie says to risk(): THEY KNOCKED OFF 3 OTHERS THIS WEEK ALONE...
 
rcookie says to risk(): THE IMF IS LOOKING FOR CERTAIN CONDITIONS TO BE MET BEFORE RELEASING FIRST INSTALLMENT OF 5.4 BILLION...
 
rcookie says to risk(): 2016 BUDGET LAW REVISED...REFLECTING $40 OIL AT 3,6 MBPD....PAYROLL TAXES APPLIED...TOTAL OF 13 TRILLION TRIMMED OFF BUDGET...
 
rcookie says to risk(): REPAYMENT OF KUWAIT WAR REPARATIONS IN NEXT 3 YEARS (9 BILLION)....AND OF COURSE THIS 1ST INSTALLMENT OF SBA LOAN OF 5.4 BILLION....BECAUSE EVERY SINGLE COMPONENT IS EXECUTABLE AND ACCOUNTED FOR...
 
rcookie says to risk(): CBI LAW AMENDED...AND PUBLIC FINANCIAL MANAGEMENT LAW PASSED....
 
rcookie says to risk(): THATS IT.....WHEW!! 
Hutch says to rcookie(): [7:48 PM] dale: A couple of weeks ago an article was brought in that the GOI had made a deal with the Kurds to pay and back pay salaries etc. for 2014, 2015 and 2016 ..... through the current revenue streams do they have the money to fund this ..... if this is the case?
 
rcookie says(): DALE ....SAW THE SAME REPORT...HOWEVER DID NOT ELABORATE ON DETAILED NUMBERS...SO I DONT KNOW....
 
Hutch says(): THANK YOU BGG AND RCOOKIE FOR A GREAT NEWSTIME AND THANK YOU ALL FOR PARTICIPATING ! THANK YOU RUDIE FOR COPYING !!!
 
jimplants says(): thank you for the education be blessed
 
Hutch says(): WHEW !!! WHAT A GREAT NEWSTIME !!!!
 
rcookie says(): SOMEHOW THEY JUST CAME UP WIT MONEY TO PAY OIL CONTARCTORS LIKE LUKOIL WHICH IS WHY THEY IMMEDIATELY ANNOUNCED DOUBLING THEIR PRODUCTION AND INVESTMENT IN IRAQ...
 
rcookie says(): AND BY THE WAY RIGHT UNDER OUR NOSES...IRAQ PUMPED 4,5 MBPD IN MAY!!!!!!!
 
jimplants says(): billions over bagdad i think they know where some of it is
 
Hutch says(): THANK YOU BGG AND RCOOKIE FOR A GREAT NEWSTIME AND THANK YOU ALL FOR PARTICIPATING ! THANK YOU RUDIE FOR COPYING !!!
 
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