Emailed to Recaps:
Arthur In a nutshell it appears that every single element we could possibly hope to see has and is happening in real time.
The Hydrocarbon Law governing funds distribution along with the requisite taxes and tariffs are imminent within the next 48 hours.
We are witnessing the perfect storm that we have always dreamed of for a reality rate for our investment literally any day now.
The security picture couldn't be better as what you are getting is at least 8 days behind reality so consider it done. In the words of the late Michael Jackson: THIS IS IT!
Q: [From what I found out is ...the (CBI) closing of 3 days ... happens every year ... per say ... is caused by ANNUAL INVENTORY ... PER DOLLARS AND IARQI DINAR ...]
Poppy3 : STRANGE NEVER CLOSED BEFORE FOR 3 DAYS ON NEW YEARS...REMEMBER I BEEN HERE 12 YEARS.
NEVER HAVE THEY ANNOUNCED A CLOSING BEFORE.
lilypad : Frank26, on his call last night, said "if" the customs and tariffs are actually activated on Jan 1 and "if" the budget is actually opened on Jan 1, he will be holding a SPECIAL CALL on Friday Jan 1. This could be another indicator of rate
EdwardK: China Shuts Down FOREX at Foreign Banks to Try to Stop Dollar Rise http://www.armstrongeconomics.com/archives/41238
Maxim1: Landa China Global is reporting their funding has been released to their banks. I think it is confirming everything else we are hearing. We are close ….no doors are closing…
I do know that they are one of the designated bond redemption oversight organizations.
If they have received their funding that is definitely a positive for us...since the RV/GCR and Bond Redemption are joined at the hip.
Here is the Landa China Global Replay number
641 715 3589 pin 484959# then hit # again when they ask for code
Walkingstick: The launch of the New Year revelers in the streets of the capital Baghdad amid tight security
BAGHDAD - Iraq Press - December 31 / December: the center of a security spread thick and closing streets leading the festivities sites and in conjunction with its announcement a public holiday, on the occasion of New Year's Day, launched the masses of revelers in Baghdad in the streets of al-Rubaie, Karrada and Mansour and park Zora, accompanied by fireworks in the sky of the capital awaiting the hours since the New Year 2016, hoping to be a new year, though it does not seem that, in prosperity and peace and security to all Iraqis of different sects and ethnicities. "
He said a security source, that "is expected to witness yards Paradise and Kahramana and Mansour manifestations of a big celebration in the coming hours," adding that "Baghdad operations, announced on Thursday, the start of the head of the security year plan and tightened at the entrances to the capital to prevent without the occurrence of security breaches." . Ahh ended
Frank26: TAG IT .............. FRAME IT !!! !!! !!! KTFA Frank
walkingstick » Wed Dec 30, 2015 4:48 pm
Economist: Replace the currency of the positive benefits of Aaakhlu
BAGHDAD - Imad emirate
adopt the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized using Model «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.
This is what started his speech by economist d. Abdul-Hussein Abdul Jalil Ghalibi »Sabah», pointing out: that the ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as cost support the economy during and after the the replacement process.
He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being that maintaining the dinar generates community ongoing costs in accounting fields and procedural counting, sorting, storage and others.
He said that these costs can be saved When you change currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said: The huge number currently in the Iraqi
economy, which amounts to 4 billion paper needs to be replaced operations damaged leaves and shredded and consumed him .
And that old deliberative banknote no more than ten years, but it is in conditions of heavy use, as is the case in Iraq, which hit the currency rate in circulation to money supply which about 90 percent of the old could be up to five years.
He Ghalibi So These costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden to use it, and that large banknotes will be the speed to use less.
He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in printing money the field.
He continued: The reference to the cost of compensation and claims there is nothing to do with the process of replacement as well as support the economy cost also nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and direction is the government in the financial policies.
He explained Ghalibi Changing the currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be Asaddarviat monetary larger so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, Mmaakhvd number of leaves significantly along with increase the range of categories used is not Top only, but from the bottom to issue coins.