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Monday, July 11, 2016

More News, Rumors and Opinions Late Monday Afternoon 7-11-16

KTFA:

ReddStarr:  He didn't wait long....or until Mosul was announced.....Sadr is calling to resume the demonstrations for Friday....IMO

Sadr calls for demonstration against corruption Tahrir Square on Friday!

Independent) called the cleric Moqtada al-Sadr to an imposing demonstration against corruption in Tahrir Square in central Baghdad on Friday, while stressing the need not to raise banners or slogans do not sing homeland.
 
Sadr said in a statement Tltgah (Independent) said on Monday that "the survival of corruption and corrupt means shed terror on us, being the first incubator for himself and his continuance is why I have a loyal and faithful Iraqi issue and the project reformist pure for God in all civilian and Islamic affiliation and other cooperation to exit demonstration imposing to save the nation and in order not to go Iraqi blood shed in all parts of Iraq, especially in the Karrada and country vain and without the expense and pain to go away corruption and injustice. "
 
He said al-Sadr "Vaya Dear patriots everywhere HBO in this-way and in Saankm Tahrir Square gift one people and without pictures or slogans do not sing homeland to remove the nightmare and the specter of corruption and in support of our military hero and consolation for the blood of our innocent martyrs, demanding the resignation of all the corrupt and negligent in both files, ministries and all positions not Ttrajawa will not kneel except to God  Link
Don961:  WOW!!!!!

Upgrading of Iraqi currency  

Written by Economic news editor    Date: July 9, 2016

Special - NEN Iraq     Author - Ahmad Salami
Picture
 - Dinar plastic (polymer) 
- Restructuring of the Iraqi currency 
- Re-evaluate the value of the dinar
 
- Iraqi dinar (polymer):
 
1.eetm the use of plastic money and made of material plastic polymer high-efficiency rather than paper made from cotton material and paper used in the money industry today and that are exposed to rapid deterioration use life short and the movement of disease transition and endemic and infectious bunches bacterial with it and move on to people when you touch Kalmndel infested.
 
2. plastic money outlive most of its peers paper twice a number of years and do not affect the high temperatures and humidity, water, dyes, crushing and does not allow the formation of clusters of bacterial Ovairoseh.
 
3. plastic money security features very high degree forgery make it almost impossible to 99.9%.
 
4. plastic money can be recycled after it is damaged and the use of new raw materials reduces costs to a very high percentage Unlike paper that Taathra and lose parts and comes with stickers or dyes, which burned and then buried. Nor used as the raw material.
 
5.alncod plastic as far as being the most evolved its industry costs less than the cost of paper-based counterparts.
 
6.dol world began a gradual transition to plastic money instead of paper and the first Arab state of Kuwait is applied to the new currency system.
 
- Of Iraqi cash reserves of $ 53 billion for the year 2016 
- Iraq has reserves of 90 tons of gold 
 .. This is the cover of the Iraqi dinar.
 
-hiklh Iraqi currency:
 
- It must be the value of the Iraqi dinar to reflect the value of this financial cover 
- And who is currently (1118) dinars to one US dollar 
(According to the Central Bank of the price, of course), a very low value of digitally .. 
Make it difficult to deal externally Dinars let alone inside Iraq. 
 Iraq needs to restructure its currency (Iraqi dinar):
1. Delete the zeros phantom inflation inherited from the siege and war ..
2. Be the dollar value of 1 is equal to 1 dinar and 118 fils. 
3.eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.
 
Re-evaluate the value of the dinar:
Iraqi dinar code globally DI, and Fils F 

1. The re-evaluation of the Iraqi dinar, where every dinar equivalent of 100 fils and not in 1000 and make every penny is composed of 10 monetary units smaller name (NIS or rail) ..
And that each 1 $ = 1 DI and 18 fils. 
(Shekel unit calibration Sumerian worked for in Ur and Uruk like kilogram in the present day) 

2. production units metal younger groups most heavily for many Astkhamat payment and collection of taxes and fees and the rapid public attitudes and privacy, public transport, ATM and Lafrath in the markets) 
It produces metal categories:
- AED 10 fils 
- Quarter of a dinar 25 fils 
- Half KD 50 fils 
-danar 1 and is equal to 100 fils, as well as the issuance of paper has increased by only 20%.
If the improvement in the Iraqi economy, industrial and agricultural sectors, tourism and housing via the investment 
Add categories are less fils are 1 and 2 fils and 5 fils future ...
 
3. paper categories plastic polymer made of plastic resistant to damage and bacteria and fraud, namely:
-1 Dinars only 20% paper and 80 metal
Dinars -5
BD -10
25 dinars
JD 50
100 dinars limited trading major category of banking transactions and large international investment and business deals

Are forcing banks to deploy ATMs in every province and spend according to the market and the population density and the development of piggy banks levy metal sheet positions to collect mineral groups service fees compared to the corner the whole car managed .. The introduction of credit card banks of digital cash.  LINK

Dinar5:  Is this stating the Dinar will be 1.18? 

Texmmgirl:  OMG!!!   This is saying 1 Dinar = $1.18 USD, Imo??   Freakin awesome.
 
SteveP99:  With a big maybe and a whole lotta hopefully this ends up being legit!!

CST:  It would not hurt my feelings to come out at that rate. Then rise to 3+. I can hang in for that 

ReddStarr:  There you go folks....we could be witnessing the start of something BIG....we know everyone is going digital....and why Iraq has been stressing the use of smart cards....I would think the news on this is just the beginning....IMO...of course....

Doodlebug:  Hey Don, as much as I would love to believe this article, I hate to say that I am not sure about this source.  Looks to be a 'blog' site.  Obviously, I could be completely wrong...what do you think? Don? Anyone?

TimR:  If I'm not mistaking Delta said something about seeing 1.18 on the Arabic side of the CBI. Well a dollar and some change. DELTA don't know if your waiting for the CC but if not can you respond to this article

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Dinar Updates:

Millionday  THIS IS THE MOST IMPORTANT THING YOU MUST KNOW RIGHT NOW...

"Confirmed member of the Committee of Economy parliamentary Najiba Najib...the International Monetary Fund loans conditional on administrative and financial reforms." 

  THE IMF HAS ANNOUNCED THAT IRAQ IS GETTING THE LOANS NOW AND HOW THEY ARE HAPPENING...

AND IN JUNE WHEN THEY WENT OVER IT WITH THEM -- THE CONDITION IS THE REFORMS.  

SO WITH THE NEW NOTES OUT -- PARLIAMENT MEETING TO PUT LAWS IN PLACE FOR REFORMS AND THE PROXY POSITIONS BEING REMOVED --- VERY INTERESTING TIME RIGHT NOW FOR IRAQ...

SO NOW WE HAVE TO SEE WHAT HAPPENS WITH PARLIAMENT...

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WingIt: 

Trinity:  EVERYTIME I WATCH NATIONAL TREASURE AND NICOLAS CAGE FINDS THE TREASURE ARE YEARS OF SEARCHING I THINK OF WHAT WERE GOING THROUGH AND HOW PROUD OUR ANCESTORS WILL BE FOR WHAT WE'RE DONE

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WSOMN:

Angel:  Something crazy is happening to Swiss bonds, and it's a sad sign for the world economy

http://ift.tt/29zOmI1

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TurtleIsland1:  MASSIVE Chaos to Start...Tomorrow? Bix Weir

Sent: Jul 11, 2016 10:47:23 AM

Europe is imploding as we speak. From riots in Berlin to ATM runs in Italy to Deutsche Bank begging for a 150B Euro bailout - all the controls are breaking down and there is no way to stop it.

Many people are asking...WHY NOW?

I think it has to do with the BREXIT derivatives that start paying out this week.

Let's face it - the BREXIT was unexpected by the elite even up to the evening of the vote. TRILLIONS in FX bets were gambled on the outcome and those who were supposed to be "in the know" got it wrong. Now they have to pay up according to the rules set out in the ISDA Master Derivative Agreements and individual derivative contracts on OTC Derivative Market.

There are various time frames for settlement of derivative contracts but most are either settled in 3-4 weeks after the event or 10 business days after the end of the quarter. The BREXIT vote was held on June 23rd and the results were finalized on June 24th.

That puts us at "Settlement Dates" roughly starting tomorrow (if you count the 4th of July as a holiday) and going through the next few weeks.

As I believe that many of these contracts will not be fulfilled we will run into immediate counter-party failures blowing apart the "derivative hedges" that were supposed to offset losses. Then, all of a sudden, the "notional value" in the Quadrillions that is claimed to be hedged against turns into the real deal.

So expect the rumblings in Europe to begin to turn into a REAL collapse nearing the end of this week and getting worse as we move through July.

My friends - if you thought the summer's been a little crazy so far...JUST WAIT!!

May the Road you choose be the Right Road.

Bix Weir <bix@roadtoroota.com>
Emailed to Recaps:

Martin Armstrong:  We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.  

http://ift.tt/29zcAkD

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Civil Unrest Explodes In Berlin - Over 3500 People Riot Against Police

"Civil Unrest is exploding," warns Armstrong Economics' Martin Armstrong, just as his long-term cycle models had predicted, as the biggest and most violent protest in Germany in over five years erupted in Berlin over the weekend...

http://ift.tt/29zmuT8
 
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DEAD PULSE: The Morgue is the Next Stop For the Financial System – Jim Willie
July 11, 2016
 
The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range.

The ruling bankers realize no remedy is possible.

They are just trying to steal as many assets and accumulate as much gold as possible before the main bust event.

Source:  http://ift.tt/29ugA4P


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