Iko Ward: (Really late Thursday Night) OK Guys, Iran is operational. We have ships landing and leaving. More tugs and support vessels have arrived. Supertanker landed Kharg Island and departed 6 hrs later. Container ships are also landing. Iran cannot land or ship goods without the sanctions lifted. No one will deliver or buy goods without an RI. Now the question remains if we RV'd to maintain parity.
DeeMoney: Iran is operational! To me the sanctions had to be lifted. It's been said they would by the 15th. That means we got our RV IMO
Calgoldy: IKO...'if' Iran RI'd ...would it be do in part bec the Sanctions were actually lifted today?
Stephen77: This says the sactions have been lifted. http://operationdisclosure.blogspot.com
DeeMoney: Combined with all the other intel, Rays tweet, the bankers that's been saying by the 15th we'd see it. Bruce said Iraq's bonds go on sale starting Monday, but they must RV first and last thing that tells me we're heading to the bank is the citizens have been celebrating and being told it's done! Looks like someone finally figured out what the word Done means lol
Calgoldy: Actually Iko said Iran was 'operational' not functional
Stephen77: I think we will be putting a fork in it by Monday.
Emon: hummm, Monday it is public worldwide eh???, I was under the impression that they wanted the groups, to go before the masses???
Deemoney: Emon- that's what I've been hearing too. Plus Tony and DC always said a 3 day weekend is best. Monday being a banking holiday the public can't start until Tuesday at best...
Emon: If this is so??? we should have the numbers tomorrow or Saturday. eh??
Luvwolfs: I think they are dragging this out as long as they can. I read Iraq has to be fully international by the end of the month in order to join the WTO. That gives us us little over the 10 days to get through, then joe public finds out.
Badxcott54: Be Willing To Dream Alone Sometimes. Every champion must be willing to believe in his own dream when others seem too busy or uncaring to encourage him. Every great inventor, such as Thomas Edison, faced waves of ridicule and scorn before their genius was recognized and appreciated. Don’t forget to keep your focus on where you are going and refuse to be discouraged by the present circumstances that will soon pass. Aloneness...removes the stain of wrong influence. Dr. Mike Murdock 1/15/16
CJ101: Billionaire Mark Cuban: 1st thing to do when you get rich
Mark Cuban: 1st thing to do if you win $1.5 billion Powerball (or when it RV’s)
As jackpot soars, businessman has key pointers
He’s the well-known face of the TV show “Shark Tank” and the owner of the Dallas Mavericks basketball team.
Oh, and he’s also a billionaire.
Cuban gave the Dallas Morning News these important tips on dealing with the massive pile of cash:
Hire a tax attorney first.
Don’t take the lump sum. You don’t want to blow it all in one spot.
If you weren’t happy yesterday you won’t be happy tomorrow. It’s money. It’s not happiness.
If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.
Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs 1m dollars for anything. No one needs 100k for anything. Anyone who asks is not your friend.
You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.
If the winner decides to take a lump-sum payout, the amount of income would be about $651 million after taxes.
The odds are astronomical against matching all the correct numbers, about one in 292.2 million. Thus, Cuban is not advising you spend a lot on lottery tickets.
“It’s OK to spend 2 dollars for entertainment value,” he told the paper. “If you have 10 dollars go to a Mavs game.”
Reflecting on the precise moment he became a billionaire, Cuban told James Altucher’s podcast: “I was sitting in front of a computer, naked, hitting the refresh because we were close — waiting until my net worth hit that billion when the stock price got to a certain point, and then I kinda screamed and jumped around and then got dressed.” ##
rcookie ...GOT THE IMF...PRESS RELEASE....AND WOW! THAT LETTER OF INTENT... ...MEMORANDUM OF ECONOMIC & FINANCIAL POLICIES...ALONG WITH TECHNICAL MOU...COMBINED WITH VERBIAGE & CONTENT OF 2016 BUDGET...LEAVES NO ROOM FOR SPECULATION OR...OPINIONS...
IT IS IN BLACK IN WHITE...WHAT THEY HAVE DONE...WHAT THEY ARE DOING AND WHAT THEY WILL DO...ALL LAID OUT FOR US!
THE BREAKDOWN OF THE IMF LETTER OF INTENT IS SO AMAZING ...ALONG WITH THE NEWS IN LAST COUPLE OF DAYS....WOW!
wmawhite For those of you who maybe concerned about the "2%" spread.... interestingly the IMF isn't as of this latest document. Here is their statement:
"The spread between the official and the parallel foreign exchange market rate receded to around 2 percentage points since August from as high as 16 percentage points in June, as a result of the elimination of the obligation to prove custom duty and income tax payments before "buying foreign exchange."
RV ALERT - JANUARY 14, 2016
SOURCE WORKING FOR A SHIPPING COMPANY IN IRAN SAYS THE SANCTIONS HAVE BEEN LIFTED -- DATE STAMP: Friday, January 15, 2016 at 6:30 AM. THE GOVERNMENT HAS ANNOUNCED THE REVALUATION OF THE RIAL. IRAQ MUST FOLLOW. INBOUND/OUTBOUND SHIPMENTS HAVE NOW BEGUN.
FRN's ARE STLL IN THE PROCESS OF BEING EXCHANGED FOR TRN's. THE GCR IS BEGINNING, NO DATE MADE AVAILABLE AS OF YET.
PeoriaLady: Where do I find the 3 pdf files Frank spoke of? Thank you!
J+C: Here you go................... http://www.imf.org/external/country/IRQ/index.htm
Edwww: Wow those 3 files if that's not international security I'm a monkeys uncle! Wow what a gold nugget! !!
Blinkster: Yeppers! As I was looking at those 3 files a few days ago, it really became apparent that the IMF is the "Guarantor" so to speak, of the Iraq Monetary Reform to see it through.
Between the LongLine, IMF/USA, Iraqi citizens and Sistani there has to be the pressure equivalent of being 10,000 ft below sea level on Abadi and Shabibi, to GET THIS DONE!!
IMO, and again, IMHO this MR of Iraq WILL NOT FAIL. Too many world players (including the 12) have absolutely no intention of letting this slip through their fingers.
PMac: So let's see if I can do my own math from just talking points (without looking at notes):
CBIGOIIMF + SECURITY = New Math
New Math + Oil prices that go "up yours" over the next 3-6mos is also maintained in parallel with 2% IQD Compliancy = Aritcle8
+ Budget with a rider
+ IMF LOI (Road Map to Success)
= Internationally recognized currency w/purchase power sometime between now and June 30.
I might have left out a couple elements to the formula, but who cares because the equal sign still answers your question to an extremely speculative investment!!
Sure... they could go down the toilet bowl of sanctions again... but my biblical studies teach me that Iraq will be the final Babylonian capitol and this country will probably become THE crown jewel of the ME.
Iraq will either be sent into international exile shortly or her purpose will be called upon to be fulfilled upon a world stage.