Post From Dinar Updates 1-25-16
Excerpts & Highlights
Dinar Updates Member Evening Chat 1-25-16 Part 2 of 3
diane1 says to hermantowncars):for the many years i have been watching and studying this investment the IMF has never made a bold statement where they have clearly said tha IRAQ would enter the global market within the first hallf of 2016. THE IMF SPOKE THIS TIME, not iraq
bigrudy says to diane1():i think june]
hermantowncars says to diane1():I dont think its a matter of them waiting for Shabibi but rathe Shabibi is waiting in the wings for them. He has the same vision as Abadi so if anything is held up its not by him.
But more likely by those who resisit the coming changes that he and Abadi are bringing with such expertise. The three zeros will not be affected at all until the rate goes to a prelim one to one on the dollar (IMO)
at which time the lower denoms will be in great demand and the large denoms will then be brought to the banks in order to get the lower denoms. The 50k and 100k will be of little use to the public and will be used between banks and corporate trading me think.
quicktolegit96 says():LOOK, DELETION IS OVER TIME, ONCE IT STARTS, THE RATE WILL CHANGE, IT WILL TAKE THEM 2-4 YRS TO COMPLETE, DONT GET FIXATED ON THIS.........
diane1 says to bigrudy():de ja vue do you remember when they announced iraq would be removed from chapter 7 they announcement was said in JAnuary and we thought any time, but Iraq had not been removed until JUNE OF2012 i remember that the people were celebrating i think the same way and have said june of 2016 right before RAMADAM
quicktolegit96 says():THESE 50 AND 100K, "IF TRUE" WILL HAPPEN OVER TIME, THAT ISNT THE PRECURSOR THE THE RV...
quicktolegit96 says():SAME CONCEPT WHEN OUR 100 BILL GOT REPLACED WITH THE "GOLD STANDARD". A LITTLE BIT WILL GO OUT, A LITTLE BIT WILL COME IN...
THEN IT STARTED WITH THE OTHER USA BILLS......LOOK FOR ALL BANKING TO BE IN PLACE, THAT IS A MAJOR ONE
diane1 says to bigrudy():HONESTLY I DON'T THINK IRAQ CAN LAST MUCH LONGER AND GIVEN LOANS FOR IRAQ CAME WITH AN AGREEMENT/ AT TACHMENT.
rcookie says to diane1():YOU NEED TO TRY GET THE CONCEPT OF SIMILARITY OR PARALLEL TO ANY OTHER TIME OUT OF YOUR THOUGHT PROCESS.....DIDNT HAPPEN....
IF ANYTHING THAT HAPPENED IN 2012 IS EARTH....WHAT IS HAPPENING NOW IS PLUTO....NOT REMOELY SIMILAR...AND BILLIONS MILES AWAY.....
jarhead says():well...........here we are
diane1 says to rcookie():The time frame given from IMF was the first 1/2 of 2016 doesn't that mean between now and JUNE although i pray it to be much sooner. i was just saying to Rudy who also gave an opnion for JUne as well.. but anything
diane1 says to rcookie():is possible. after all this is IRAQ
cjquade54 says to jarhead():we're all here coz we're not all there (lol)
diagyAAAE says():LOL DIANE, THAT'S ANOTHER WAY TO ASK FOR DATE! I THINK THERE'S BEEN A MILLION DIFFERENT WAYS TO ASK THAT QUESTION :D
diagyAAAE says():MILLION DOLLAR QUESTION
hermantowncars says to diane1(): Well Diane they do have dates at the grocery store if you want one...LOL....is Millionday coming in tonight do you know?
diane1 says to hermantowncars(1:55 PM):honestly i wish it would happen already waiting 8 plus years
diane1 says to bigrudy():I AGREE IT GIVES IRAQ SOMETHING TO CELEBRATE IN WHICH THEY VERY WELL DESERVE
bigrudy says to diane1():No one as been right in that investment so far. So why not just take a guess lol
diane1 says to bigrudy():THERE HOLIDAY RAMADAM WORKS FOR ME, BUT THEN TOMORROW WORKS TOO ALL WE CAN DO IS WAIT.
bigrudy says to diane1():yep
bigrudy says to diane1():that s all we can do
diane1 says to bigrudy():LLIKE I SAID DE JA VUE history repeats it self
bigrudy says to diane1():yep. Alot of news but still waitings on actions
bigrudy says to diane1():i think it will happen butt only in their ways. It might take longer then expected
diane1 says to bigrudy():wow 2012 when there sanctions were lifted 4 years later we are all still here. we are all guessing here. but mrwhite said "IMF GAVE A TIME LINE SOMETHING none of us had seen before.
so right now that is a window of opportunity between now and first 1/2 of the year. MY GOD i hate having to wait that long but 8 years is a long time to wait.too
Baxter1243 says():they had an auction today.... 162 million...
diane1 says to Baxter1243():is that good or bad?
Baxter1243 says():I was hopin they wouldnt have one
cookie says to Where'sthebeef():I THINK THAT THEY ARE REVIEWING ALL OF THE PRE AND POST COLLECTION MECHANISMS BEING IN PLACE ....
I CANT SEE WHERE THE KURD BORDER SECURING ASPECT WOULD BE A POINT OF CONTENTION ...
BUT THE IBRIHAM BORDER POINT WITH TURKEY DID JUST REOPEN WITHIN LAST COUPLE OF WEEKS AFTER BEING CLOSED FOR MORE THAN MONTH..COSTING THEM 22MILLION USD/MONTH....
THERE ARE SO MANY DETAILS ABOUT THE COLLECTION...THE SYSYTEM...QUALITY STANDARD CHECKING & TESTING...BORDER MAINTENANCE...ILLEGAL TRADE PREVENTION...
FOLLOW UP ON TARIFF COLLECTION SYSTEM HEALTH...COFISCATION OG GOODS ATTEMPTING TO ENTER COUNTRY...
ELIMINATE & PROSECUTE ILLEGAL GOODS THAT GET IN THROUGH MARKET SURVEILLANCE...
AND INCENTIVIZING CUSTOMS EMPLOYEES WHO REPOT CORRUPTION & ILLEGAL ACTIVITIES....
AND POSSIBILITY OF APLYING VAT (VALUE ADDED TAX) SYSTEM ON ALL GOODS & SERVICES INCLUDING HOTELS & CATERING...
rcookie says():EVERYBODY SEE ABADIS DAVOS INTERVIEW WITH CHRISTINE AMANPOUR..
dwightj says():SO I SEE WHERE SOME OF THEM ARE ASKING FOR REFORMS AGAIN WHAT I WANT TO KNOW IS WHAT ARE THE REFORMS THEY ARE ASKING FOR THEY NEED TO EXSPLAIN WHAT THEY ARE IN FULL
RickeyT says to dwightj():good luck with that LOL
dwightj says():I KNOW
rcookie says(): SWIFT to restart services to Iran by Jan. 31
Tehran Times Economic Desk January 26, 2016
TEHRAN– The Society for Worldwide Interbank Financial Telecommunication (SWIFT) would restore its services to Iranian financial institutions by January 31, said Central Bank of Iran (CBI) Governor Valiollah Seif.
Seif said there are only some technical issues to be resolved before SWIFT system comes on stream on January 31.
He said, “During the period that west-engineered sanctions were imposed on Iran, SWIFT had not stopped its services to Iran completely, and only some banks had been blocked.”
For Iran to resume business with the global banking world - for the first time since 2012 - its banks need to be linked to overseas lenders on SWIFT.
SWIFT lifted bans on the Iranian banks as the implementation day of the Joint Comprehensive Plan of Action (JCPOA) formally started on January 16.
Read More :http://www.dinarupdates.com/showthre...ices-to-Iran-b
msdiva says():oh wow i remember those $32 days lol
rcookie says():SWIFT is a global supplier of secure messaging services and interface software to wholesale financial entities. It is a secure private network used by nearly every bank around the world to send payment messages that lead to the transfer of money across international borders.
In early 2012, SWIFT said it had been instructed by the European Council to discontinue its communications services to Iranian financial institutions that are subject to European sanctions. Accordingly, it blocked 30 Iranian banks from using its service thus literally cutting off Iran from the global banking system.
POST COURTESY OF KATHI!!!!
Read More :http://www.dinarupdates.com/showthre...553#post143553
rcookie says():IRAN BACK IN BUSINESS WITH SWIFT AS OF JAN 31ST!!!!!!
luvmydream says():ty Kathi & RC for bringing it
rcookie says():KATHI ROCKS!!
jimplants says():A SLIGHT PUSH FOR IRAQ
kathi says(DARN, I SHOWED RCOOKIE A COUPLE OF LINKS AND DIDN'T WANT ANYONE KNOW IT'S FROM ME THE LITTLE TURKEYM LOL LOL
Baxter1243 says(6:20 PM):Does that mean that Irans Currency will be good internationally RCOOKIE?
msdiva says to jimplants():would love to give them a push alright
msdiva says():so will the rial be another good investment
Localcats says():iraq opened doors and iran is walking in
rcookie says():SWIFT IS INTERNATIONAL BANKING & FINANCIAL COMMUNICATIONS PLATFORM....SHUT OFF BY EU DIRECTIVE IN 2012...THEY STARTED THIS JCPOA PROCESS ON THE 16TH...AND WILL BE FULLY ENGAGED BY THE 31ST....
rcookie says():THE IRAN CENTRAL BANK GOVERNOR HAS MADE STATEMNTS TOWARD POST SANCTION CURRENCY VALUATION CHANGE AFTER REACHING CERTAIN INFLATION GOALS ...ETC
rcookie says():THEY JUST SIGNED...OVER THE WEEKEND $60 BILLION TRADE AGREEMENT WITH CHINA...
cjquade54 says to rcookie():did we see an article saying it may take Iran 2 years to reach inflation goals?
cjquade54 says to rcookie():a week or 2 ago?
rcookie says():YES...ESPECIALLY AS OIL HITS MARKET IN CURRENT PRICING ...
Baxter1243 says():we arent allowed to buy it anyway... are we?
kathi says to rcookie():WHEN YOU SPEAK ABOUT CHINA AND TRADE, THIS CAN ALSO BE BANK TRADE PLATFORMS SINCE YOU CAN MAKE MEGA BUCKS ON THESE PLATFORMS AND CHINA HAS HSBC BANK, CHINA
rcookie says():GREAT JOB AND GREAT POINT KATHI!!!
rcookie says():SO IF IRANS RE-ENTRY AND CONNECTION TO GLOBAL MARKET...IS RELEVANT IN IRAQS ACTIONS AND URGENCY...YOU HAVE DATES.....
kathi says to rcookie():EXACTLY
love it 2 says to buck():have we seen anything on it being relevant on IRAQS ACTIONS AND URGENCY?
angus says():have they not stated that they wanted to enter before Iran
kevin311312 says():what did irans money used to be worth befor all the santions
Seadreamer says():I know BGG said there is NO global reset and Iran has nothing to do with Iraq RV
rcookie says(6:41 PM):NO..OTHER THAN IRAN IS IRAQS LARGEST TRADING PARTNER...JOINED AT THE HIP...
AND LAST WEEKS ANNOUNCEMENT OF HUGE INSURANCE PARTNERSHIP BETWEEN THE 2...INCLUDING TRAVEL & INTER BORDER HEALTH CARE...
Seadreamer says():Iraq will RV when IMF and WB are satisfied conditions are acceptable...But Iran will not be a factor
kathi says to Seadreamer():YES, AND DID YOU SEE WHERE THE IMF STATED IN THEIR MOU THAT THEY WILL AMEND THE INVESTMENT LAW BY THE END OF FEBRUARY
AND WE ARE STILL IN JAN. SO THEY ARE GOING FASTER THEN WE THINK.
kathi says to Seadreamer():BY THE END
rcookie says to Seadreamer():NOBODY SAYING IT IS THE IMPETUS OR TRIGGER FACTOR...JUST A RELEVANT REGIONAL INDICATOR...GIVEN THEIR HISTORY AND TRADE REALTIONSHIPS....
kathi says to Seadreamer():THEY ARE WAY MORE AHEAD THEN THEY ARE SHOWING!!
rcookie says to Seadreamer():IT HAS BEEN AMENDED AGAIN PER IMF MANDATE AND POSTED IN GAZETTE ON JAN 23RD....
MORE THAN A MONTH AHEAD OF THEIR REVIEW DEADLINE AT THE END OF FEBRUARY....
subgirl says to rcookie():that is sooo exciting!
rcookie says to subgirl():IT IS SUBBY!!!
Seadreamer says():Lets follow the ink like MD says
jwjd says():what does this ammendment mean that you are all talking about?
rcookie says to Seadreamer():FYI...THAT WAS THE INK...TEHRAN TIMES......
rcookie says():OK...GOT SOMETHING THAT GIVES A LITTLE INSIGHT AS TO THE CUSTOMS TARIFF MECHANISMS IN PLACE THEY ARE WORKING ON...
rcookie says to subgirl():prevent illegal trade, adding that these steps require the maintenance of the border and prevent illegal trade, monitoring and follow-up of border crossings precisely in order to prevent financial corruption in the introduction of goods is a fundamentalist and follow up on the health of the application customs tariff revenues and control health documentation.
He stressed the need roads Association control Kurdistan to prevent leakage of goods entering the border crossing points in the region are non-fundamentalist to the rest of Iraq's provinces, as well as market surveillance Aldkhalih by customs and the confiscation of goods entering Iraq illegally, pointing to the importance of providing the proportion of customs revenue as
Read More :http://www.dinarupdates.com/showthre...roduction-1-25
Comments may be made at the end of Part 3 Thank You