Thanks My Ladies for letting us share from your private chatroom
HearingGod: This is definitely not meant as disrespect , but am I the only one or does it not seem obvious that none of us have the foggiest clue about the dinar investment. I guess I've just always hoped there was a way to "figure it out". But the more time we spend truly studying with knowledgeable people (here) it becomes more obvious how little we know about how / when this is ultimately going to play out. Maybe it's just me .....
MY LADIES: HUMMMMM...MAYBE IT IS... OR MAYBE IT'S LIKE I SAID BEFORE...I GET THE FEELING FOLKS TOLERATE THIS ROOM IN THE HOPES OF A DAY OR A RATE. ARE YOU ONE OF THEM HG ?? I DON'T KNOW...
BUT FOR ME THIS IS A PASSIVE INVESTMENT, AND AS I'VE SAID FOR MY MIND SAKE I AM SET WITH END OF 2016 EARLY 2017...
THAT IS FOR ME..MY MIND SET..
NOW IN THE MEAN TIME ARE THERE OTHER THINGS GOING ON...YES..AND I HAVE WAY MORE INTERST IN THOSE THINGS THAN I DO IN THE DAY TO DAY WATCH OF IRAQ...LOL..
I KNOW THE DAY WILL COME WHEN THE DINAR RE PRICES... I DON'T KNOW WHEN THAT DAY IS THE CRYSTAL BALL IS STILL FOGGY.
BASED ON WHAT'S HAPPENING IN THE WORLD CAN THIS BE A SOONER ARREIVAL FOR US??
BUT WHEN THEY ANNOUNCE THINGS AND BLOOMBERG AND RUETERS REPORTS THEM THINGS SUCH AS INTERNATIONAL BONDS.. THESE THINGS LEAD US TO THE NECESSITY FOR AN INTERNATIONAL STATUS AND PERHAPS A VALUE CHANGE.
BUT THEN THEY COME IN 30 DAYS LATER AND SAY UMMM OH YEA BY THE WAY...DID WE MENTION BEFORE …..THOSE ARE GOING TO BE EUROBONDS???
WELL THAT'S A HUGE HUGE GAME CHANGER.
I AM VERY COMPETENT IN FIGURING OUT AND UNDERSTANDING MATH AND ECONOMCS...I AM NOT VERY GOOD AT THE SHELL GAME.
SO I WILL REPEAT FOR THE CHEAP SEATS IN THE BACK...LET IRAQ GO...LET IT GO ...LET IT GO...LET IT GO...
FOCUS ON WHAT IS GOING ON EVERYWHERE ELSE.
BECAUSE JOHN AT THE END OF THE DAY UNLESS YOU'RE PLANNING ON LIVING IN IRAQ NOTHING GOING ON THERE MATTERS TO US.
THEY WILL REPRICE….. IT'S A GIVEN, AND WHEN THEY DO, THE REAL PROBLEMS ARE ABOUT TO BEGIN.
AND IF YOU DO NOT HAVE A BASIC UNDERSTANDING OF MATH AND ECONOMICS YOU CAN EASILY BE TAKEN ADVANTAGE OF BY EVEN THE BEST LEGAL TEAM.
SO I THINK OF THIS ROOM AS A MEANS TO THE FUTURE AND NOT AS A STUDY OF IRAQ.
Rejoice: A message for the Iraq watchers:
If there is one thing we've learned from all the years in this thing it is that:
"there hasn't been and probably won't be an ACTION in Iraq that controls when the RV will occur".
Sit back in your chair and join me in trying to remember some of the ACTIONS.......
The first election (of Maliki)
Formation of his government
The second election (of Abadi)
Formation of his government
Get rid of Maliki
Bring back Shibibi
What am I missing, probably a whole lot of things.
We know from experience that every time Dinarland (that includes some of us) was waiting for a specific event, it came and went with no RV. So what am I saying.....
Forget about events in IRAQ
It appears that the release of the (RV) has always been in the hands of the powers that be.
I'm not sure that all of what has happened was planned in the beginning, but that they have had to adjust the plan as events happened thereby all the delays.
With the release of Iran from sanctions and the emergence of the Silk Road and China entering the SDR basket at this time "next year" becoming effective in 2017, we see more reason for delay.
Are the powers that be in charge of the release? YES, I think so.Will we get a heads up? NO
The only thing we know for sure is that Iraq will become internationally tradeable someday.
Did we ever imagine in our wildest dreams by following events in Iraq in.......
2011 that it would wait until 2012
2012 to 2013
2013 to 2014
2014 to 2015
2015 to now almost 2016
Will I be surprised if we are sitting here until 2017? NO
I certainly hope not.
MY LADIES: YOU CAN START THE STORY OF THE DINAR WITH ONCE UPON A TIME AND END IT HOW EVER YOU WANT, BUT THE PART IN THE MIDDLE IS MATH AND WILL ALWAYS BE MATH.
IT'S JUST THAT SIMPLE, AND WHEN THE MATH CALLS FOR THE DINAR TO REPRICE IT WILL, AND EVERYTHING ELSE WILL JUST BE NOISE.
STORIES CAN CHANGE OVER TIME AND SO CAN PLANS BUT MATH ALWAYS REMAINS THE SAME.
THIS IS A BALANCE SHEET TRANSACTION SIMPLE AS THAT AND THE MATH WILL DICTATE THE FLOW.
NOT MY OPINION PEOPLE...BUT A SURE FIRE FACT WHETHER YOU LIKE IT OR NOT.
IQD NOVA: AGREED MARY!!!!
MY LADIES: I WANT TO SHOW YOU ALL SOMETHING AND SE IF YOU CAN TELL ME WHY THIS IS SIGNIFICANT……ARE WE READY???
PLEASE READ THE ENTIRE THING IT'S NOT TOO LONG
After India, China announces new way of calculating GDP
China on Wednesday announced its quarterly gross domestic product will be calculated using a new methodology, in line with that of major developed countries. Earlier this year, neighbouring India also revised the method for calculating GDP that has confused economists.
China will announce third-quarter GDP data, due out on October 19, based on the new methodology.
Dale: new banking system requires more accurate accounting practices
MY LADIES: VERY GOOD DALE...ONE MORE SIGN OF THE NEW BANKING SYSTEM COMING.
THE CURRENT METHOD OF GDP IS SO BACKWARDS AND CORRUPT ….AND SYSTEMATICALLY WE ARE SEEING THE OVERHAUL OF EVERYTHING ....ONE STEP BY ONE STEP...
Blessed153: The New"asset" based system. Replacing fiat.
Dale: isn’t hard to figure out…just follow the math, as you so often tell us
MY LADIES: CORRECT...YOU CAN ADD A STORY LINE TO IT FOR UNDERSTANDING, BUT IN THE END IT'S JUST MATH
IQD NOVA: ITS ALWAYS MATH!!!
MVL: Well, we know the sandbox, and the Pacific Rim, have growing economies, thus the demand for cash is higher to finance this growth.
Inflation comes with growth, so the prospect of higher interest rates is likely.
If Emerging Markets have solid financial footing, they are less likely to default, so their bond sales become attractive.
Emerging Market bonds take their cue from U.S. Treasuries, since those are viewed as the safest to hold.
I say the new way of calculating GDP is a hallmark of the new banking system, and lends great potential for bond investors in Asia, and the ME.
Princess DD: Watch Middle East Banks As Iran Sanctions Lift http://blogs.barrons.com/emergingmarketsdaily/2015/09/09/watch-middle-east-banks-as-iran-sanctions-lift/
Princess DD: IRAN: Sanctions deal would unlock banks’ growth potential
09 September, 2015
The lifting of nuclear-related trade and financial sanctions on Iran, should it materialise, would be credit positive for the country’s banks, Moody’s Investors Service said in a report on Wednesday. http://www.financialmirror.com/news-details.php?nid=34448
AW: We understand that the IQD is NOT traded within the world's financial markets. Understanding this, why is there a need for the Rasheed Bank to open branches in Beirut, Romania and Pakistan?
IQD NOVA: Because IRAQS banks are not bound by the same rules as the GOI. Banks can use any currency they want so can its customers. The banks are about growing its footprint so it can gather assets!!
NF: Makes perfect sense! I didn't think about them using another currency. Thanks Nova
DK: sounds like ground work for expansion.
Memphis: I have often made reference to what I term "linear thinking" and how it is not only LIMITING but also potentially destructive.
Because I see it as such an opportunity for us all to advance in how we view things (seeing them in their totality) I am always looking for examples that can be pointed to and one just popped up tonight, just released, and will take but a minute of your time:
Princess DD: Zimbabwe to renegotiate IMF, World Bank debt https://nehandaradio.com/2015/09/09/zimbabwe-to-renegotiate-imf-world-bank-debt/
Princess DD: Hong Kong Dollar Peg Shows Strain Caught Between Fed and PBOC http://www.bloomberg.com/news/articles/2015-09-08/hong-kong-dollar-peg-shows-strain-caught-between-fed-and-pboc-iebjnw7c
Princess DD: The 600% Jump in Dollar Loans That Shows Saudis' Riyal Aversion http://www.bloomberg.com/news/articles/2015-09-09/the-600-jump-in-dollar-loans-that-shows-saudis-riyal-aversion
Princess DD: The Tug-of-War Between the Fed and the PBOC
Hong Kong’s 32-year-old currency peg is seen coming under strain, caught in a tug-of-war between tightening U.S. monetary policy and an economic slump in China. Bloomberg's Juliette Saly reports on "Trending Business." http://www.bloomberg.com/news/videos/2015-09-09/the-tug-of-war-between-the-fed-and-the-pboc
Princess DD: China stock markets plan circuit breakers against volatility http://atimes.com/2015/09/chinese-stock-markets-plan-circuit-breakers-against-volatility/
MVL: : Energy certainly has strange bedfellows sometimes... http://www.pakistantoday.com.pk/2015/09/07/comment/iran-and-cpec/
MVL: Tripling trade between Iran and Vienna...
PrincessDD: Chinese Premier Li Keqiang Says China Doesn't Want a Currency War http://www.bloomberg.com/news/articles/2015-09-09/china-premier-li-says-economy-in-reasonable-range-amid-pressures
Princess DD: Ex-Citigroup Trader Says Currency Exchange Truth to Be Heard http://www.bloomberg.com/news/articles/2015-09-08/ex-citigroup-trader-says-currency-exchange-truth-to-be-heard
Princess DD: Ackman says China may pursue bigger currency devaluation –FOX http://www.reuters.com/article/2015/09/08/hedgefunds-ackman-china-idUSL4N11E5NK20150908
Princess DD: Putin aide's advice: Default on foreign debt, put reserves into gold and BRICs bonds http://news.goldseek.com/GATA/1441717800.php
Princess DD: The internationalization of the renminbi
Princess DD: Is A Market Crash Coming In 2015?
Princess DD: FOREX-Yen and euro struggle as global stocks soar in risk rally http://www.reuters.com/article/2015/09/09/markets-forex-idUSL5N11F0U920150909
Princess DD: Juncker: Greece cannot be kept in the euro at all costs
European Commission president urges new Greek government to stick to its bail-out terms as 'the bell tolls' for crisis-hit continent http://www.telegraph.co.uk/finance/economics/11853217/Juncker-Greece-cannot-be-kept-in-the-euro-at-all-costs.html