Adept1: By the way, today is National Chocolate Day -- embrace it! And then wipe your hands...lol
Jrobo811: The NDA makes me nervous. Here's why. For all of the Dinarian's that have been listening to TNT team for years, they are aware of the fact that they won't have to sign a NDA. Only the few that move on the contract rate option will have to sign one,
Like Tony says "Who does that make sense to?" All of the people that didn't sign the NDA will spill all they know about the exchange and exactly what the ones who have signed an NDA received and that they were required to be quiet.
I am very deeply concerned that there is more to the NDA than what we might want to believe. I'm very concerned about what moves or plans the banks or treasury may have up their proverbial sleeves once you sign into what they want you to sign in to.
FaithB52: Read the document BEFORE you sign; if you are prone to tell everyone about your business or don't think you can keep silent about the transaction,
DON'T sign. If you sign, be sure to take a copy with you and read it periodically to make certain you are in compliance. Stipulations and clauses cannot be added to a document once it's signed.
If anyone inquires as to your new wealth and you don't want to tell them it's none of their business, tell them you made an investment months/years ago and the market turned in your favor....they don't need details.
Columbo: If i get $4 street rate, and you get $23 contract rate, i can talk all I want. But, YOU can't. I won't have any idea what you get. I can speculate all i want, but will never know. If you tell me you got $23, and you signed an NDA, then you have broken your agreement. If i know FOR A FACT that the contract rate is $23, it still doesn't make any difference because whoever got that rate and signed an NDA, will never verify it, so it's just a rumor. Did i explain that well enough?
Jutta11: If YOU get a contract rate and sign and NDA, just abide by it and you will be fine. Read it, understand it and abide by it.
If you don't like it, don't understand it or don't want to or can't abide by it, then don't sign it and don't accept the contract rate. Too easy...
No matter which rate you accept, please keep quiet about it and don't tell anyone, whether or not you sign an NDA. Make up a cover story for where the money came from or become really good at telling people it is none of their business and change the subject.
Sunny: I have concerns about the terms as DC and Tony have explained them in the past. Break the NDA or there is an appearance of breaking the NDA or you did not break the NDA, but the government can swoop in without warning and freeze or divest one of their assets. Done deal.
The assets you might have used to contest their actions are gone. Kaput!
Sterling is an example of this. They had no trial, but still had a judgement against Sterling. And there are countless other examples of the IRS and other agencies abusing their powers with these same type of actions. It's not the USA I grew up in!
FUZE: First of all Columbo, did a great job of explaining the technical issues. It means nothing that those who do not sign an NDA can speculate about the rates those who do sign get!
As long as a person who DID IN FACT get the contract rate, dosn't confirm the speculation, it's just rumor! Second, if there is a desire by powerfull government insiders to abuse their power and falsely accuse you of a criminal or civil banking violation just to freeze your assets, there are already more than enough tools in the new banking laws and patriot act to do that.
This is in fact a different America or world for that matter. Third, some people's nature works well under an NDA. They are already secretive about certain things in there lives and have no desire to disclose their business.
Where as other's have an overwhelming desire to disclose for whatever reason. Some have close love ones with a similar nature. These type of people should not sign the NDA! They should take the street rate and go! I hope this helps.
Beethovan: You can say any of the following:
"I invested in coffee futures and it got hot;
I invested in the gold market and it glittered;
I invested in rubber futures and it bounced;
I shorted the oil market when it got burned;
I went long on natural gas futures right before it exploded;
Cattle futures has done well for me;
I invested in grain futures and it grew;
...unfortunately the broker passed away."
Or say NOTHING.
TigerFan: We've been warned about OUTWARD signs of financial change. A new Ferrari in the driveway when there used to be a used 1998 Honda civic. Not bashing that. Nor anyone in that situation.
Just saying that as Tony has stated before, do NOT draw attention to your new found wealth, unless of course you expect your entire family to ask for loans. They might also ask how you came into all this wealth, leading to the clauses within the NDA.
If you don't put yourself in a position to have to explain a thing, then what would be the problem signing one? I believe disappearing quietly is my way after the exchange. Already started. Moved into such a rural area where neighbors are 4 miles away. Quietly disappearing. Ssssshhhhh.....LOL!
[xyz] Abadi warns of financial dead end road... the seriousness of the financial situation of the country due to the low selling price of crude oil, warning of deadlock, in the event of failure to take swift action. https://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http://www.imn.iq/news/view.78449/
[xyz] Zebari discuss with the European official help Iraq in building the economic and financial system https://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http://www.imn.iq/news/view.78512/
[xyz] Iraq unseats Saudi Arabia as top crude supplier to India for third month as the two biggest OPEC producers battle for market share in leading Asian buyers. http://in.reuters.com/article/2015/10/28/india-oil-saudi-idINKCN0SM1BA20151028
Q: [...so the investment law passed... printed...in the gazette?]
Poppy3: ALL BEING PUBLISHED IN A SPECIAL EDITIONS IMMEDIATELY AFTER THE VOTE ACCORDING TO SOURCES.
Frank26: KTFA FAMILY ............ BUSINESS PROMO CC TONIGHT THEN ............ LAWS !!! ........ NOT BEING PASSED OR AMENDED AS THEY NOW TELL YOU FOR THAT WAS MANY DAYS AGO.
INSTEAD .......... THEY ARE POISED !!!
THE INTERNET ALSO BELIEVES THESE LAWS WILL NOW BE USED.
WANT TO SHARE WITH YOU TONIGHT THAT IMO .............. NO NO NO !!!
PROFOUNDLY I TELL YOU ......... THERE IS ETERNITY TO THE DECISIONS IRAQ IS ABOUT TO MAKE.......... IN 2015.
FINALLY TO THE evil THAT SHUTS US DOWN EACH WEEK.............. C U TONIGHT ON OUR CC YOU SILLY RABBIT. WE PRAY FOR YOU.
Walkingstick: Iraq's IMF Talks Make Bonds Best in Mideast After Cancelled Sale
Arif Sharif | 28-10-2015, 10:31 AM | Iraq |
Iraq’s bonds fell in September after the government announced plans for a debt issuance
Iraq’s government bonds are beating Middle Eastern peers as OPEC’s second-biggest oil producer plans talks with the International Monetary Fund for more aid after abandoning a debt sale.
The $2.7 billion securities due 2028 were poised for their first monthly increase since April after the yield dropped 77 basis points in October to 9.54 per cent on Tuesday. That compares with an nine basis-point decline in the average yield on Middle East bonds, JPMorgan Chase & Company indexes show.
Iraq’s bonds fell in September after the government announced plans for a debt issuance, prompting traders to sell the existing securities in the hopes of buying the new, higher- yielding paper. The government cancelled the offering after potential investors, encouraged by a spike in the nation’s credit risk, demanded higher interest rates than it was willing to pay, renewing demand for its outstanding debt. The bonds also rallied on Iraq’s plan to meet with the International Monetary Fund for more funds.
The "bonds were under pressure due to speculation of a new issuance," but "we see the selloff as overdone, so expect more upside from here," said Morten Bugge, chief investment officer at Kolding, Denmark-based at Global Evolution, which manages about $2.5 billion of emerging market debt and holds Iraqi bonds. Planned talks with the IMF has also boosted demand, he said.
The Washington-based lender, which has already extended $1.25 billion in emergency assistance to Iraq, plans to send a team to the country soon to help create a framework to tackle its mounting challenges, Masood Ahmed, the fund’s director of the Middle East and Central Asia department at the IMF, said last week. The program under discussion would help Iraq receive aid from lenders, including the World Bank, and reassure prospective investors, Ahmed said.
The cost of insuring Iraq’s debt against default surged 462 basis points this year to 830 basis points. The nation’s economy has buckled under the strain of its ongoing battle with Islamic State militants and a 45 per cent drop in Brent crude prices in the past 12 months.