(Thank you George for emailing this to Dinar Recaps.)
UU6840 – "The CBI Halted the 50k Note Distribution- Why?" by Mnt Goat
Sorry everyone. Today’s news letter is VERY long once again. Really I am trying to shorten them. It is all very interesting especially about two very controversial articles from the CBI as of lately. These articles seem to be contradicting all the efforts made in the last month on the project to “delete the zeros”. It can get confusing.
I am only reporting on these articles and trying to make sense of them just like you are. So let’s work together and see if we can make any sense of this latest news and what it means to our investment and this ongoing RV saga.
Emailed to Recaps:
Martha: It seems that the only concern now is date and rate. I have heard that the plan is in motion and that those of us in Dinarland have the opportunity to be first in …..before the whole world see this.
Also hearing that the forex isn't going to change until the 30th/12/1,when the Renminbi is announced officially.
Bruce mentioned the 29th…. of course depending on the time zone….The 29th would normally be the day to release new money and move money.
Hearing that Iraq was told to move the LD's sooner.
With all these minor glitches, today 11/27 is the full moon, a sign of completion and hopefully we will be at the bank shortly.
I am hearing that we will be given the honor, before the rest of the world to receive this blessing.
The basket of currency has been in place and moving since the beginning of November. Also note that the Rial is not available for 48 hours after the RV (11/30) is (hopefully) officially released.
Realize that the RV dates will differ in the history books but the 20th- 22nd will be the day of month.
We have been full of could have, should have, and didn't have for various reasons.
We lived this history and I for one am ready for a change.
Russia’s Central Bank Adds Yuan To Reserve Currency Basket — sources
Business & Economy November 27, 16:29 UTC+3
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic
MOSCOW, November 27. /TASS/. Russia's Central Bank has added the Chinese yuan to the foreign exchange reserve basket, two sources close to the bank told TASS. They added the bank does not plan purchasing operations of yuan-nominated assets in the near future.
Iko Ward: Isn't it nice when 1081.5 becomes the norm...not nice enough….. China lost 5.6% last night...hmmmmmm
MissGemini28: IKO - Do we want China to lose?
Iko Ward: Gold has dropped to 1055. Yes, right now we want China to lose. Gold to drop. And yes, MsGem, no more 1165.
BaldEagle: USD at 100.13
Iko Ward: Bald Eagle, .2 would be awesome.
TheEyeGuy: IKO, is there a new target, or still looking for the deep stab?
Iko Ward: Deep Stab, deep, deep, deep stab.
BLC Admin Tlm 724 News & Comments 11-26-15 Part 2 of 2
Many factors hinder the increased production of state employees
11/26/2015 0:00 Baghdad Rula confident -- appeared on the face of resentment Mustafa he talks about dealing with state employees when reviewing one of the circles to complete a transaction by saying (go reluctantly and I'm nervous), I understand from the outset underestimated citizen stall and style.
He admitted Mustafa Nasser with the forty-year-old, that this case does not include all the staff but the majority of them have these qualities, Fterahm arrive fairly begging to get a job and when sitting on her chair dragging their heels to work and neglect their jobs,
do not produce in their jobs but very few transactions are not commensurate with the working hours specific to them, Venriham sometimes ate their food for over an hour, and at other times visit one another in the rest of the sections, or put the timing of the work for themselves in line with their mood.
BLC Admin Tlm724 News & Comments 11-26-15 Part 1 of 2
Parliamentary committees: the media to expose corruption cases part of the People supervision to prosecute those involved
BAGHDAD / long-Presse It confirmed the legal and financial committees both parliamentarians, yesterday, the need to disseminate corruption cases as part of the People's Control "stimulate" the judiciary to deal with these files.
Committees revealed that there is coordination with the government and the judiciary and the central bank to follow Chalabi files, and threatened to resort to the fourth power in the event of failure to take appropriate action.
And published (range) the files of corruption in the currency auction and the involvement of dozens of local companies and banks in this file that Juma, Chairman of the Parliamentary Finance Committee late Ahmad Chalabi before his death, blessings and copy them to, inter alia, the long Foundation for Media, Culture and Arts. The (long) hand over the entire file to the Judicial Council, which has formed a committee to investigate the files.