Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Friday Chat 5-27-16 Part 2 of 2
rcookie says():THE WRITER WARNS OF RAMIFICATIONS OF CREDIT CRISIS IN THE EVENTTHE US COMMISSION DETERMINES LARGE RATIO OF BANKS TO BE PART OF EXISTING BANKS REMAINING...
AND FREEZE THEIR ACTIVITIES TO COMPLY WITH US COMMITTEEE FINDINGS..
_firefly_ says to rcookie():Like I said, certainly appears as though Alak has been playing ball !
larrykn says to _firefly_():I dont think he has a choice
rcookie says():IT IS OBVIOUS THAT ALAK HAS NO CHOICE....THE QUESTION IS...TIMING...WHY NOW...
_firefly_ says to larrykn():You think he magically changed over night?
larrykn says to _firefly_():nope he realized his neck was sticking out to far
_firefly_ says():IMO he HAS been playing ball for a bit now
rcookie says():THEY ARE FINALLY SAYING THAT FINING THESE FINANCIAL INSTITUTIONS IS NOT ENOUGH...AND TAKING OVER...
larrykn says to rcookie():about time
larrykn says to rcookie():and your right why now hmmmmm
rcookie says():AUCTIONS BEING HANDLED BY 10 BANKS ONLY....
_firefly_ says():We are just reading about it now !
puffdragon says():We are down to the last month of the first half of 2016, So according to IMF the LOI the closing bell about to chime ! :P
rcookie says():AND CONCLUDE BY STATING THE US CAN PURSUE ANY BANK OR ENTITY FEEDING BANKS OUTSIDE OF IRAQ...
AND BY CBI DOING BUSINESS WITH THESE ENTITIES PUTS IRAQI DEPOSTORS MONEY AT RISK OF LOSS WHICH WOULD BANKRUPT AND ADD TO ALREADY STAGGERING UNEMPLOYMENT NUMBERS...
rcookie says():WOW!!....THAT WAS AWESOME!!......
clay says to puffdragon():thanks much needed wish it were permanent lol
hermantowncars says to rcookie():Rcookie. (or anyone) can you help me understand where the money comes from when an RV occurs? we have heard that the funds are already put into place and the bank that exchange have access to the funds. But where does the funds come from or originate.
is it China? or CBI? and if so where would such huge numbers come from. I cant imagine even china having the 5 or 6 hundred trillion to fund such a move. Or is more like a store just putting a much higher price tag on existing inventory . That doesnt make it worth more unless customers are willing to pay the higher prices.. please help me understand. ty
wmawhite says():Folks.........this is GREAT!!!
Official: Iraq seeks to open up banking cooperation at the Arab and international levels......this says it all!!!
"general manager of the Rafidain Bank spokesman Kamal al-Hassani said: keep pace with the achievements reached by the developed world in the banking systems, he has been putting the finishing touches to complete the project activate MasterCard service, in coordination with the company's global card
He explained that this project is one of the financial achievements in the monetary and credit banking field so that the Rafidain Bank to provide services to customers in line with the evolution of the developed countries in the field of shopping at markets through direct card or the Internet for the purpose of withdrawing the money, along with the use of devices ATM deposited by this service.....
wmawhite says():keep pace with the achievements reached by the developed world in the banking systems,
wmawhite says():he has been putting the finishing touches to complete the project activate MasterCard service, in coordination with the company's global card
monique13 says():I can smell it!
wmawhite says():achievements in the monetary and credit banking field so that the Rafidain Bank to provide services to customers in line with the evolution of the developed countries in the field of shopping at markets through direct card or the Internet for the purpose of withdrawing the money, along with the use of devices ATM deposited by this service...
jarhead says():good find MARINE
wmawhite says():We are at that point in time that we are looking when an Iraqi can use his/her credit card drawn on his/her bank in Iraq and buy that food at some store anywhere in the world.
wmawhite says to jarhead():(y)
jarhead says():thank GOD
Elane says to wmawhite():Boy... it's full steam ahead!!!!
meetangel says to wmawhite():"anywhere in the World" wouldn't the rate have to be international? sorry if that is a dumb ?
wmawhite says to jarhead():he has been putting the finishing touches to complete the project activate MasterCard service, in coordination with the company's global card
jarhead says():thats the point mr white made
Elane says to wmawhite():Amen
wmawhite says to jarhead():he has been putting the finishing touches to complete the project activate MasterCard service,
meetangel says to jarhead():so that would be a yes, lol
Elane says to wmawhite():finishing touches!!!!
wmawhite says to meetangel():1182 is international...........except the CBI says no, no, no..........we are not ready to that have our banks settle foreign remittancies at that rate.
jarhead says():they have said this ??
wmawhite says to meetangel():In other words........there are banks outside of Iraq that buy and sell the IQD...............what banks do not do yet.....is exchange their currency with the IQD because the CBI has not taken that step yet.
subgirl says to wmawhite():thank you Mr White!!! that is awesome news!!! :) Very excited!!!
meetangel says to wmawhite():thank you so very much, so now we wait for the CBI to change that rate?
meetangel says to wmawhite():or to take that final step
wmawhite says to meetangel():We wait for the decision by the CBI to inform the banks of Iraq to settle foereign remittancies in the IQD. We can also believe that when that time comes, the CBI we inform the other central banks around the globe what the exchange rate will be with their currencies.
meetangel says to wmawhite():ok, sounds so good :-* thanks again
tycho says():Pretty amazing news Mr. White thanks from Ontario
poppy123 says():your on it MR WHITE. MY CREW OF A LITTLE OVER A THOUSAND REALLY APPRECIATE YOUR REPORTS . THANKS RICH FRIEND , THE ROAD IS GETTING SHORTER BY THE DAY. POPPY3
rcookie says():announce their activities without resorting to methods of fraud and evasion on the other hand will fill a big door for corruption in more than one facility, or traders are forced to pay tax and customs in advance , making them indispensable in the manipulation and game hide as happened imposing ratio known 8 percent.
rcookie():mr whites news was better :P
rcookie says():New rise in the market value of private sector companies
5/28/2016 0:00 With the decline in stock index this week
BAGHDAD - Mostafa Hashemi at a time when the economic academic Dr. Majid Baidhani stressed the importance of activating the role of national savings in the structure and increase the rate through indirect investment securities so as to contribute to double the GDP of the country, a weekly report of the Stock Exchange showed a rise new to the market value of listed companies in it.
business sector , adding Baidhani in an interview with «morning» that activate the work of the ASE and the cooperation of the private sector companies listed on the Iraq Stock Exchange by speeding disclose contribute significantly to increase the size of the business sector and thus would be an attraction the rest of the companies to list its shares in the stock market and the trading of its shares.
He pointed out that the current stage requires the diversification of financial resources of the country by increasing the companies ' ability to output excellent quality and configured for export in order to achieve moderate in the trade balance of the country and the reduction of imports, also contribute to reducing its dependence on oil as a resource unilateral public budget for Iraq .
Baidhani that saw such a move would be in coordination with all the departments and the relevant authorities to limit the import of what can be produced locally listed companies factories
especially as the number of these companies confirmed its ability to output and compete with imported subject to controls that will make their contribution in the active economy as reflected in the share price and performance in the stock market.
market value to that showed the stock market report upwards in the market value of the shares of listed companies in the market, reaching 7 trillion and 456 billion dinars , compared to 7 trillion and 322 billion dinars for the previous week despite a decline in the market index rising (0.92 percent) for the closed last week at (524.50) points.
the report, seen by the «morning» rising number of shares traded in the securities of the Iraqi market for this week , stocks rose (1531.48 percent) compared to last week. shares traded , the report added that the total value of shares traded for the same period increased by (394.84 percent) , compared to per week ending twenty - sixth of this month.
rcookie says():He said: the number of stalled companies has become the trading result of the lack of commitment to provide annual disclosure and quarterly Authority and the market (13) company, while the total number of remittance companies stalled from trading after the approval of the change of activity and until the issuance of license to practice from the central bank issuance (3) companies.
and the number of shares traded for the week , stocks, the report said that it amounted to 114 billion shares , compared with (7.032) billion shares last week. the value of shares traded this week , 21 billion dinars , compared to 4.331 billion dinars last week.
The number executed for this week 's deals (2634) deal in return (2408) deals last week 's number of shares traded during which (92.917) billion shares worth (13.295) billion dinars.
external investors and the number of purchased shares from investors Giralaracaan for this week (3.486) billion shares, valued at (2.035) billion dinars through the implementation of 197 transactions on the shares of 13 companies.
while the total number of shares sold by non - Iraqi investors this week (756) million shares valued at 627 million dinars through the implementation of (286) transactions on the shares of 15 companies.
jimplants says():those aa big numbers for just a few companies and it says EXTERNAL INVESTORS
jarhead says):whats it mean
rcookie says():ACTIVATING THE ROLE OF NATIONAL SAVINGS IN THE SYSTEM AND GROW MONEY THROUGH INDIRECT SECURITIES INVESTMENT WHICH WILL GROW THE ISX AND DOUBLE THE GDP WITH THE WEEKLY ISX MARKET VALUE REPORT ....
larrykn says():the stocks rose 1531.48 % wow that huge
rcookie says():PHASE PROJECT..DIVERSIFY FINANCIAL RESOURCES OF COUNTRY BY INCREASING DOMESTIC PRODUCT QUALITY FOR EXPORT..AND REGULATE/REDUCE THE VOLUME OF IMPORTS AND MOVE OFF OF OIL DEPENDENCE...
poppy123 says to bigrudy():I STILL THINK ANYTIME DURING JUNE . THIS AND ALL OTHER PREPARATION HAS ALL BEEN SO THEY CAN MEET THE DEADLINE ISSUED BY THE WORLD BANK AND IMF. JUNE IS HEAR NEXT WEEK GET READY. POPPY3
bigrudy says to poppy123():Is the deadline for june 1 st?
cjquade54 says():Go Rv !! (lol)
poppy123 says to bigrudy():NO THE DEADLINE WAS STATED SEVERAL TIMES BEFORE THE END OF THE FIRT HALF OF JUNE WHICH WOULD BE THE LAST DAY OF JUNE.
BUY MOST OF US THAT HAVE STUDIED AND WATCHED THEM FOR 12 AND MORE YEARS NO THEY SAID BEFORE THAT DATE. THATS WHY I EXPECT IT ANYTIME DURING THE MONTH. POPPY3
cjquade54 says):June will be 10 years for me ..... sigh
bigrudy says to poppy123():Thank you
poppy123 says to cjquade54():SO YOU LIKE ME KNOW THEY HAVE NEVER DONE ANYTHING AHEAD OF A LAST DAY POSSIBLE. POPPY3
cjquade54 says():lol ain't that the truth
cjquade54 says to poppy123():if the IMF and others did not get involved we could be waiting for a long time yet
graci says():sounds great
dovi says to cjquade54():well the IMF et al are involved up to the eyeballs and bank accounts NOW
THATS WHY I DON'T READ ALL THE NON DINAR NEWS. KNOWING THEIR POLITIC'S I USED TO THINK IT MENT SOMETHING BUT IT NEVER HAS. HUGE WASTE OF TIME AND I'M TO OLD TO READ IT ALL DAY .
I READ ONLY NEWS DIRECTLY INVOLVING OUR MONEY. ABADI ANNOUNCED OVER A YEEAR AGO SEVERAL TIMES SECURITY WOULD NOT INTERFEAR WITH THE FINANCIAL REFORM AND HE HAS HONORED THOSE WORDS AS REFORM HAS CONTINUED IN SPITE OF SECURITY, POLITICS ETC ETC POPPY3
cjquade54 says to poppy123():I think Abadi is a brave man
dovi says to cjquade54():he seems to be anointed and appointed to get things done that have prophetic significance
poppy123 says to cjquade54():AGREED HE IS A GOOD LEADER EVEN IN THE FACE OF OPOSITION JUST LIKE XXXXX WILL BE FOR US. POPPY3
dovi says to cjquade54():though I have no clue he has any understanding of that
graylnjo says():I think they will wait till June 30 @ 11:59 PM 8-|
Hutch says to graylnjo():no dates or rates here
graylnjo says():June should be very interesting (:o)
poppy123 says to graylnjo():I DON'T BECAUSE THERE ARE THINGS POST NEW RATE THEY WILL HAVE TO DO BEFORE FULL RECCONITION GLOBALLY.
I THINK THEY WILL NEED TOPOST A NEW RATE AND THEN IT WILL TAKE A FEW DAYS OF PROCESS BEFORE IT WILL BE ACCEPTABLE FOR ANYONE TO EXCHANGE. JUST MY PERSONAL THOUGHTS.
I HOPE I'M WRONG AND THE DAY IT CHANGES IT IS FULLY TRADABLE . TIME WILL TELL BUT IN ANY CASE I'M READY! YA'LL DON'T KNOW HOW READY I AM LOL,LOL GODS LOVE POPPY3/ DAN BLOODWORTH
pacella says():WHAT DO YOU THINK ABOUT XXXXXX COMMENT ON THE DINAR MOVING UP AND DOWN THE LAST 8 TO 10 DAYS AND HOW IT IS ONLY IN THE MIDDLE EAST COUNTRIES, IT WAS POSED LAST NITE
poppy123 says():AMEN ACTUALLY KNOWING THE RATE A FEW DAYS IN ADVANCE WILL HELP MANY PEOPLE PREPARE PROTECTION FOR THEIR BLESSING. POPPY3
I COULD HAVE THE BALANCE TITHE CHECK WRITTEN FOR MY CHURCH. WRITE CONTRACTS FOR THE PURCHASE OF PROPERTY, SEVERAL OTHER THINGS COULD BE DONE. POPPY3
Hutch says to pacella():we dont address comments by others from other sites in here. Thanks :)
poppy123 says to pacella():SINCE YOUR NEW HERE -----HAS ZERO MEANING IT HAS DONE THAT FOR YEARS. NO EFFECT ON A REVAL. poppy123 says to pacella():NIGHT ALL.