Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 10-09-16 Part 1 of 2
jetset says to subgirl():is the big question what i think it is???
subgirl says to jetset():what do you think it is?
subgirl says to jetset():knowing what you know about rcookie/hutch and mr white, what do you think??????
jetset says to subgirl():well, i think there is only one important question and one that only matters based on the the answer to the first question.....
question One: When?
question One A: How much?
jetset says to subgirl():knowing what i know, i can't imagine those are the questions though.
JR67 says to jetset():(y)
subgirl says to jetset():bring your questions to the call on Tuesday night!! at 7pm CST :)
hutch says():I have a question for you guys ?
hutch says():If it were 3.86 and tomorrow morning. Would you be happy?
jetset says to subgirl():ha - not those. i know the answer already.
jetset says to hutch():um, yeah.
hutch says():The lottery ticket people here need to get their heads out of the gutter... Lets say its 3.86 tomorrow morning.... the thing everyone is missing is, what about it be internationally traded? What about the banking laws needed for it to survive...
remember, we will need time before the banks in the US ramps up and is ready to make exchanges. Things to ponder. Its really a good thing for us to understand ALL of the inner workings of what is going on, so we can benefit from all of their hard work of rebuilding a country.
jetset says():the rate won't come out until everything is done. i think everyone knows that.
hutch says():Then,.... by responses from the last 36 hours... You are thinking wrong!
hutch says():Not everyone knows that
jetset says():you really think that there is a significant number of DU investors who believe that Iraq would put out a rate without having everthing ready to go to support and sustain the rate?
hutch says(): Have you been watching the room? Significant.... not so much. Some ... Yes
Pensacola27 says():so is Iraq waiting for the US banks to ramp up and get ready? Don't really think cares if US banks are ready.
hutch says to Pensacola27():You read that wrong
jetset says to hutch():i just re-read your original response.... what does the US banks being ready have to do with anything. What are they preparing for?
Pensacola27 says():will need time before the banks in the US ramps up and is ready to make exchanges.
hutch says to jetset():Listen to the call and find out !
jetset says to hutch():such a tease!
subgirl says():Iraq maintains its reserves of gold and China and India consuming more
(Independent). World Gold Council declared that Iraq keep its reserves of gold for October, noting that both China and India are the most time consuming this precious metal.
The Council said it followed (independent) said Saturday that "official statistics for the month of October showed that Iraq keep its reserves of gold and does not buy or sell any amount of gold", stating that "its reserves of gold remained stable at 89.8 tons."
Iraq ranked 37 between States possessing gold fixed reserve
The Council said that "these reserves of gold represent 6.9% of its foreign exchange reserves," Noting that "Iraq ranked fifth in this Arab reserves and ranked 37."
The Council said that "the United States ranks first in gold reserves by 8.133 tons followed by Germany with 3.378 thousand tons, with both China and India are the most time consuming this precious metal.
The Central Bank decided on 23 January 2014 coinage of pure gold bullion lineup ranging from weights (50 g and 1000 g) gold dealers to sell to investors and interested segments of society in Iraqi dinars.
Representative financial: determined to put new legislation regulating banks
08/10/2016-15:26 The parliamentary Finance Committee Member said Jabbar Abadi, Saturday, the intention of the Committee put up special legislation regulating the work of the Government and private banks in Iraq.
Ibadi said in a press statement, that "the Commission intends to put forward legislation establishing banking mechanism dealing with Windows (credit and borrowing and other banking transactions), as well as allow for private banks and determine its mechanisms for assigning State banks."
"The limited private banks now sell Windows necessitating serious pause", noting that "the banking business in Iraq is not active and cannot rise to the evolution of the world", noting that "the coming days will see new legislation put the banking business and investment in Iraq."
subgirl says():Parliament sets out Tuesday of next week as the date to hold its
Saturday 8 October 2016-10:37 pm The Presidency has identified the House Tuesday of next week as the date for the resumption of meetings after disabling coinciding with the 10th of the month of Muharram.
Block told the citizen Amer winner in a statement to radio House Presidency Marbad decided to also select Saturdays and Sundays and Mondays from next week to work on a number of draft laws are broken.
The speaker was Selim Jabouri had decided last Thursday, the twenty-second session of the first legislative term of the third legislative year to further notice of vacation solutions 10th of Muharram Al-Haram, in point of time the Parliament decision to resume hearings later.