Poppy3 : I have never wavered from my research and what the powers that be have stated the rate that was approved and even though they have had many new meetings with the IMF not one CBI or IMF official has ever stated a different rate.
In Oct. 2010 the IMF web site stated they had approved a new rate on DINAR of $3.22 plus up to 20% more for inflation since the war started.
That means up to $3.86 at the highest.
Dr. Shabibi whom never lied to us about anything stated they wanted to have a median flat rate they can manage for 24 to 36 months while they further grow their economy before going to a float.
TNT: (Per Adept1)
Caller: When you talk about it going, is that the RV or the full GCR?
DC: it’s the whole shooting match!
Caller: When the Iraq war started, I got all interested and read about Iraq. They said that Saddam Hussein drained the waterways of Iraq.
DC: Iraq was the cradle of civilization because the ground is fertile between the Tigris and Euphrates rivers. They have dammed and irrigated a large swathe throughout; even through it’s desert, it’s fertile because the soil hasn’t been used up. So over the centuries, they have starved towns or areas of water as political tactics.
Saddam did a lot of that, but the waterways are still there, just in need of repair. The infrastructure projects are about rebuilding water and power generation across Iraq, and the farmers are excited that they will have a lot more usable land than they have now.
Everyone is in place to do what they need to do. At the last minute, the UST asked for a few more things to be put in place. Once those are done, they will release this.
Most think it will be released immediately, some think it will wait overnight. Everyone is planning to get this done immediately, and we have heard only positive information over the weekend.
Abadi has made speeches saying the economic reform is being completed, and although he and his team are in UAE right now, they can fly home on a moment’s notice. Our team is also ready, all in the same room, on the same page. Everyone across the world is now expecting this.
MrT > I have been told to expect everything, including Art 8, the budget, and the HCL to show up in the Gazette on December 24th. Hoping it is before that, but do believe this will be over by the end of the year.
iPeteUnot December 15, 2014 at 12:16pm
Clues: There is a state of confusion now as to the true direction of this thing due to the "magic" show of illusions and tricks as we continue to inch our way to the finish line...
WILDDUCK > iPeteUnot December 15, 2014 at 12:56pm NO MAGIC NO ILLUSION. JUST PROGRESS AND TIMING ON THE WORLDS BIGGEST EVENT.
THEY CANNOT GO DOWN TO BARNES AND NOBLE AND PICK UP A COPY OF GLOBAL CURRENCY RESET FOR DUMMIES.
SO THIS MUST PROGRESS BASED ON REAL WORLD EVENTS AS THEY UNFOLD.
WE ARE IN A GOOD PLACE THIS MORNING. MAYBE NOT THE PLACE BUT WAY BETTER THEN LAST YEAR. PATIENCE IS A GOOD THING.
THERE IS ONLY ONE CHANCE TO GET THIS RIGHT THE FIRST TIME.
Copied From Twitter:
Don A. @dxguy7@JCR3758 delayed again, stopped by UST on 3 minor issues. May go later today or Tuesday
JC @JCR3758 @dxguy7 I discussed those issues over the weekend. HCL, Amnesty Law and Judicial Reform Bill. That is not a delay from UST. Not new news.
backdoc : IMO
ITS TIME FOR IRAQ TO GET LONELY !
CONTRACTS!,CONTRACTS!,CONTRACTS! WILL BE USED TO DIVERSIFY THEIR REVENUE STREAM!
STAY LONELY MY FRIENDS!
Frank26: Yes BACKDOC and the beauty is that a mountain of CONTRATS are done. Even the LAWS to protect them and their owners!!!
Fine Fine LOL........ IMO !!!
KTFA, Frank... Qt: why is 2015 budget set at 70/ barrel when cost is far below THAT PRICE RIGHT NOW? M's CC !
moneytalks1 :Hi Frank, I have a funny feeling that the CBI and PTB are waiting on a .90 u.s dollar. That will will be the trigger for the release imo. IN dec. OF THIS YEAR..
Frank26: I agree but in the opposite direction ........ IMO ....... The USD use it's brakes and waits for ..... Well You know what.
Many things do......... IMO. KTFA, Frank
backdoc » December 15th, 2014, 5:18 pm IMO
I LOVE THE INTERVIEW TODAY WITH BILL GROSS "THE BOND KING”.
HE SAID, “ OIL DETERMINES CURRENCY MOVEMENTS, CURRENCY MOVEMENTS DETERMINE THE SPREAD MARKETS, RISK MARKETS, HIGH YIELD MARKETS, THE POTENTIAL FOR BANKRUPTCY OR SOLVENCY NOT ONLY WITH COMPANIES BUT COUNTRIES !
ONCE YOU HAVE A MAJOR COMMODITY LIKE OIL THAT AFFECTS NOT JUST THE REAL ECONOMY BUT THE FINANCIAL ECONOMY IN MOTION LIKE IT HAS BEEN MOVING DOWN RAPIDLY THEN FINANCIAL MARKETS TRY TO RE-ADJUST”!
IF YOU HAD ANY DOUBTS THAT OIL IN FREE FALL CAN BE AN ISOLATED INCIDENT, THINK AGAIN!
SO JUST AS BILL SAYS, OIL AFFECTS CURRENCY MOVEMENTS. GOSH DO YOU THINK OZ HAS A CURRENCY MOVEMENT PLAN? MMMMM
CURRENCY MOVEMENTS THEN AFFECT THE SPREAD RATES THAT BANKS ARE CHARGED OR CHARGE! MMMMM
NEXT, ARE THE RISK MARKETS, MMMMM OHH, WELL THAT’S THE STOCK MARKET!
THEN WE GO TO THE HIGH YIELD MARKET, AHHH THE BOND MARKET! FOR GOODNESS SAKES, WHAT HIGH YIELD? WE ARE SEEING THE BOND YIELDS SHRINK! COULD THAT BE PARTLY WHY THE BOND KING WANTED TO LEAVE PIMCO IN AN ABRUPT MANNER? MMMM
AS EQUITY HOLDERS FLEE THE STOCK MARKET FOR SECURITY IN THE BOND MARKET, ARE THEY HEADED FOR A TRAP? MMMMM
WITH BOND YIELD CURVES FLATTENING OUT DUE TO THE SHRINKING OF YIELD, WHEN WILL THE BIG PLAYERS BEGIN TO EXIT THE BONDS?
A FEW MONTHS BACK THE FED. ANNOUNCED THAT THE MAY CHARGE PENALTY FEES IF TOO MANY WANT TO SELL THEIR BONDS! MMMM
THE OIL CURRENCY WAR IS BEING ORCHESTRATED LIKE A SYMPHONY! FIRST THE BRASS PLAY, THEN THE STRINGS, THEN THE WOODWINDS.
HIS FINAL STATEMENT IS THAT MARKETS TRY TO ADJUST!!
ONE IS THE LONELIEST NUMBER !
STAY LONELY MY FRIENDS, DOC
backdoc » December 15th, 2014, 5:27 pm
Quote: “Frank... Qt: why is 2015 budget set at 70/ barrel when cost is far below THAT PRICE RIGHT NOW? M's CC “
MY LAST POST IS THE BEGINNING OF THE ANSWER FRANKIE !!! LOL