KTFA:
Jay: Its IEX thats going live on the 2nd.
I would have agreed with you about the 1-1 before IEX goes live if it were not for the fact the our Fearless leader lead me to believe the value would not change until after Sept 2nd (in a nut shell)
Unless I misunderstood, which is quite possible...lol IMO..of course. Blessings to you.
Frank26: I suggested that we watch September 2nd to SEE IF Iraq joins.
IF !!!!!!!!!!!!!!!!!! ................ They do then we have a good chance to see a rate increase BEFORE or on that day they join.
In a Mac Nut Shell............. \m/ KTFA Frank
....
Jay: Its IEX thats going live on the 2nd.
I would have agreed with you about the 1-1 before IEX goes live if it were not for the fact the our Fearless leader lead me to believe the value would not change until after Sept 2nd (in a nut shell)
Unless I misunderstood, which is quite possible...lol IMO..of course. Blessings to you.
Frank26: I suggested that we watch September 2nd to SEE IF Iraq joins.
IF !!!!!!!!!!!!!!!!!! ................ They do then we have a good chance to see a rate increase BEFORE or on that day they join.
In a Mac Nut Shell............. \m/ KTFA Frank
....
Mike100 : interesting you know this makes me think back to the fact Frank told us that we may never see a 1-1 because its not for our eyes outside of Iraq. I have been very reluctant to post this in the past but could the 1-1 already be in country but we just cant see it? and the true value will be somewhere in the 3+ internationally when its time to reveal it?
************
MBAGrad: If it were already 1:1 "In country", you would see the change reflected in the price of goods in the local markets and you would also have to see the new lower denominations in use on the streets of Iraq.
If a new rate is being used, it's being used behind the scenes in contracts or agreements but is not yet for the general public. People would be exchanging dollars for dinars and I believe even Delta has stated that the new 500 Dinar note with the Kurdish language has been announced but has not yet been released for use to the citizens.
I do not believe we will see any change in the rate of the Iraqi Dinar until you see Al-Abadi plant a flag in Mosul. Based on my own research, I do not expect to see a change in the rate of the Iraqi Dinar until at least August 15th.
As for today's parliament session, I still do not see the Amnesty Law or the Federal Court Law and I certainly have not seen Al-Abadi present any new ministerial names. They promise much but deliver very little. So we wait.
I have yet to see any UN announcements on Iraq that have anything to do with its monetary reform.
I'm looking for Mosul, the UN and the ministers and, if we got a few laws done, that would be the cherry on the cake, but right now, we got NADDA ...... Nothing.
August 15th is when I start paying close attention to what Iraq plans on doing in September. You won't see them come out of the starting gates at $3.41. We'll be lucky to get the .90 cents and that is what I'm looking for as a starting value. Could it be less? In Iraq, anything is possible. Expect the Unexpected.
The deeper we go into 2016, without Iraq having made a move with its currency, the more nervous I get because I can see desperate people doing desperate things to stay in power.
All of the above is strictly in my opinion and not meant to offend anyone. Thank you.
************
Backdoc: ISX= IRAQI STOCK EXCHANGE
IEX= ASSET-BACKED DIGITAL TRADING PLATFORM, OPENS ON SEPT. 2ND
HOPE THIS CREATES CLARITY SINCE MANY GET THE TWO CONFUSED
AS I STATED IN MY LAST POST MY STUDY BEGINS AT THE PUBLIC OPENING OF THE IEX ON SEPTEMBER 2ND DOC
************
ReddStarr: Moving on up.... This was the reason they had the HOT HOLIDAY SHUT DOWN AND NO AUCTION FOR 5 DAYS. WE ARE ALMOST THERE. THIS ARTICLE IS HUGE.
Banks, Rafidain and Rasheed sign a contract the overall banking system!
Signed a bank Rafidain and Rasheed, a contract with an international company for the acquisition of the banking system overall.
A statement by the Office of the Inspector General of the Ministry of Finance, the Agency has received all of Iraq [where] a copy of it, the day "for the purpose to keep pace with global technological developments in the Iraqi banking business, and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic,
to help to cope with financial volatility by Post investment activities and financing of industrial and agricultural sectors, long-term within the automation of the banking business concepts, signed a bank Rafidain and Rasheed contract consultant with the firm Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 working days actual completion date of the direct action
http://ift.tt/2atdhjA
Frank26: CC NOTES : Come On !!! ............ When You closed for those 5 unusual days .......... YOU DID SOMETHING !!! ..... WHAT YA DO ??? KTFA Frank
************
MBAGrad: If it were already 1:1 "In country", you would see the change reflected in the price of goods in the local markets and you would also have to see the new lower denominations in use on the streets of Iraq.
If a new rate is being used, it's being used behind the scenes in contracts or agreements but is not yet for the general public. People would be exchanging dollars for dinars and I believe even Delta has stated that the new 500 Dinar note with the Kurdish language has been announced but has not yet been released for use to the citizens.
I do not believe we will see any change in the rate of the Iraqi Dinar until you see Al-Abadi plant a flag in Mosul. Based on my own research, I do not expect to see a change in the rate of the Iraqi Dinar until at least August 15th.
As for today's parliament session, I still do not see the Amnesty Law or the Federal Court Law and I certainly have not seen Al-Abadi present any new ministerial names. They promise much but deliver very little. So we wait.
I have yet to see any UN announcements on Iraq that have anything to do with its monetary reform.
I'm looking for Mosul, the UN and the ministers and, if we got a few laws done, that would be the cherry on the cake, but right now, we got NADDA ...... Nothing.
August 15th is when I start paying close attention to what Iraq plans on doing in September. You won't see them come out of the starting gates at $3.41. We'll be lucky to get the .90 cents and that is what I'm looking for as a starting value. Could it be less? In Iraq, anything is possible. Expect the Unexpected.
The deeper we go into 2016, without Iraq having made a move with its currency, the more nervous I get because I can see desperate people doing desperate things to stay in power.
All of the above is strictly in my opinion and not meant to offend anyone. Thank you.
************
Backdoc: ISX= IRAQI STOCK EXCHANGE
IEX= ASSET-BACKED DIGITAL TRADING PLATFORM, OPENS ON SEPT. 2ND
HOPE THIS CREATES CLARITY SINCE MANY GET THE TWO CONFUSED
AS I STATED IN MY LAST POST MY STUDY BEGINS AT THE PUBLIC OPENING OF THE IEX ON SEPTEMBER 2ND DOC
************
ReddStarr: Moving on up.... This was the reason they had the HOT HOLIDAY SHUT DOWN AND NO AUCTION FOR 5 DAYS. WE ARE ALMOST THERE. THIS ARTICLE IS HUGE.
Banks, Rafidain and Rasheed sign a contract the overall banking system!
Signed a bank Rafidain and Rasheed, a contract with an international company for the acquisition of the banking system overall.
A statement by the Office of the Inspector General of the Ministry of Finance, the Agency has received all of Iraq [where] a copy of it, the day "for the purpose to keep pace with global technological developments in the Iraqi banking business, and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic,
to help to cope with financial volatility by Post investment activities and financing of industrial and agricultural sectors, long-term within the automation of the banking business concepts, signed a bank Rafidain and Rasheed contract consultant with the firm Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 working days actual completion date of the direct action
http://ift.tt/2atdhjA
Frank26: CC NOTES : Come On !!! ............ When You closed for those 5 unusual days .......... YOU DID SOMETHING !!! ..... WHAT YA DO ??? KTFA Frank
WingIt:
WingIt Tuesday CC Replay with Gerry Maguire, Iko Ward and Art
http://ift.tt/2ad2PtQ
************
Safoaf: Big Swiss Banks Feel Pain of Negative Rates
UBS, Credit Suisse, expected to post downbeat quarterly earnings later this week amid turbulent markets and a new kind of squeeze
http://ift.tt/2ac6swX
************
Skunkworks: Savers fear negative interest rates as Natwest warns businesses might have to pay to hold cash. UK Bank
http://ift.tt/2ac6cya
*********************************
Emailed to Recaps:
Fisher : Joe has done his "thing", certain contractual agreements are yet to be fulfilled, nothing lengthy or mysterious, like finishing skr's and bonds
Some of you may have seen that the banks are stating to publicly report that they are going to be involved in the currency exchange, this is nothing we've seen prior to today, it is a good omen of where we are
we are close, very close, possibly tonight or within 24 hours, could stretch into 48 if things don't get accomplished as expected,
Some butts are sore, they didn't want to cooperate or play nice, people are now even missing
WingIt Tuesday CC Replay with Gerry Maguire, Iko Ward and Art
http://ift.tt/2ad2PtQ
************
Safoaf: Big Swiss Banks Feel Pain of Negative Rates
UBS, Credit Suisse, expected to post downbeat quarterly earnings later this week amid turbulent markets and a new kind of squeeze
http://ift.tt/2ac6swX
************
Skunkworks: Savers fear negative interest rates as Natwest warns businesses might have to pay to hold cash. UK Bank
http://ift.tt/2ac6cya
*********************************
Emailed to Recaps:
Fisher : Joe has done his "thing", certain contractual agreements are yet to be fulfilled, nothing lengthy or mysterious, like finishing skr's and bonds
Some of you may have seen that the banks are stating to publicly report that they are going to be involved in the currency exchange, this is nothing we've seen prior to today, it is a good omen of where we are
we are close, very close, possibly tonight or within 24 hours, could stretch into 48 if things don't get accomplished as expected,
Some butts are sore, they didn't want to cooperate or play nice, people are now even missing
via Dinar Recaps - Our Blog http://ift.tt/2ad2qI8
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