Frank26: To my Dear KTFA FAMILY :Let it be known we told You on last T's CC...........
There is going to be a meeting where now the GOI will ask the CBI for a rate.
Let it also be know that this article's meeting is DONE. (See Article Below)
They simply tell You about some of it today. I will tell You MORE of these MINUTES tonight.
Will also tell You another powerful GOI/CBI meeting is coming this Wednesday!
CC tonight will have MY TEAMS' studies and colors of Fireworks........... Best some come.
THIS CC WILL BRING A SENSE OF SOMETHING BEING COMPLETED OR THAT A PROBLEM HAS BEEN FIXED........... A CLOSURE FOR US ALL.
Sager :Central Bank Governor: Budget will be sent to parliament during the next two days
Mon Oct 20 2014 15:58 | (Voice of Iraq) - Sumerian News / Baghdad..
Revealed the central bank governor on the Keywords, Monday, that the state budget will be sent to the House of Representatives during the next two days to read it and vote on it.
Alak said in an interview for "Alsumaria News", "budget bill will be completed during the next two days," noting that "The draft budget will be sent to the House of Representatives after the completion of the reading and vote on them."
The head of the House of Representatives confirmed Saleem al-Jubouri, on Sunday (19 October 2014), that the state budget is not included in Parliament, pointing out that it the second case for the presidency of the Council.
It is noteworthy that the state budget has become the stuff of debate and an exchange of accusations between all the political blocs, was returned to the Council of Ministers to make adjustments to some of its clauses.
DELTA: SINCE WHEN WE HAVE CBI SENDING BUDGET TO PARLIAMENT???
Sager: Agreed, hence the reason for my highlighting it. First time I see this. Very exciting!
Frank26: '' Next two days ........ Next couple of days''
Just like the missing Ministers and many other examples that have been supposedly needed for the last two years .......... And were to be given to us in ......... "The next two couple of days or weeks" ..........
These GOI and CBI meetings are RIGHT NOW being camouflaged in the same manner and for the same purpose!!!
They both are at critical mass and so will our CC be tonight.
Our color is solely RED.
BROTHER DELTA ............ ANSWER: SINCE THEY QUALIFIED FOR ARTICLE 8 THIS MONTH.......... TIME 11:11............ BRING YOUR FILES TONIGHT BUT FIRST GET SOME REST ......... CC RED...... LOVE YOU STRONG!!!
DELTA: FRANKIE FRANKIE...YES I WILL JOIN U TONIGHT … BROTHER GET THE FIREWORKS READY, WE ARE ABOUT TO LAND.
JJONESMX : Imo....govt on release of money from dfi for budget..
Dfi funds the budget and the dfi and budget money go through cbi. Was suppose to from day 1 and maliki didnt always do that. Cbi makes request to our fed...
DELTA: THEY HAD DFI FUNDS SINCE DAY ONE, BUT I DID NEVER SEE CBI SENDING BUDGET !!!
Frank26: ONLY ONE REASON ............. TO DO SO THIS ONEWAY.
moneytalks1 Hi Frank,….Pretty awesome news..but wondering if you are stretching out your timeline or window to Nov.11 ? instead of oct.19-oct.31. Thanks.
Frank26: No...... I am counting on ..... 19th to 31st for the purpose of proper accounting.
Cleitus: Keep in mind the Islamic New Year begins on October 24th.
JJONESMX: No taxation without representation, even in Iraq
AUTHOR(S)Reinfeld, Hesh PUB. DATEApril 2005
SOURCEBusiness Journal (Central New York);4/1/2005, Vol. 19 Issue 13, p25
ABSTRACTFocuses on the issue regarding the condition of taxation in Iraq. Occurrence of tax fraud each year; Effort made by the Iraqis to replicate the American multi-level tax structure; Move taken by the government to address security issues in the country; Development of special tax credits.
Frank26: SERIOUSLY???!!! Hmmm. That didn't take long.
Oh buddy ............ CC is on FIRE tonight .......... AND IT'S NOT MY FAULT THIS TIME !!!
DC said taxation without representation in Iraq had to change. It did. Almost over night........... Wink.
No seriously ......... WOW! C U in .......... a Few.
walkingstick » FOR EDUCATIONAL PURPOSES ONLY
November 30: Zero Hour for Gold Published Sun, Oct 19, 2014
November 30, 2014. Mark that day on your calendar because it’s likely to be the day that will change the gold market forever.
The Swiss people will vote on a referendum that’ll refresh the country’s centuries-long affinity for gold and restrain paper money.
Bringing this issue to a vote has been a struggle; the Swiss government and the Swiss central bank strongly oppose the referendum.
But the people of Switzerland demanded to be heard.
Effects of a Swiss Gold Referendum
The ballot includes three key provisions:
Prohibit the Swiss National Bank from selling any more gold.
Repatriate all Swiss gold from overseas, particularly from the Anglo-countries of the United Kingdom, United States, and Canada.
Require that at least 20% of the central bank’s assets be actual physical gold bullion.
Between 1999 and 2003, the Swiss central bank sold about 50% of its gold reserves. And, like the Bank of England, it sold at a rock bottom price of around $200 an ounce.
Currently, the country holds only 1,040 metric tons of gold in reserve or 7.7% of the central bank’s assets.
If the Swiss vote yes on the referendum, it’ll have an incredibly widespread effect.
For one, Switzerland will be the first developed country this century to restrict the central bank and other policymakers’ ability to print money and expand government.
However, it’s the gold market that will feel the main tremors.
Despite its loathing to do so, the Swiss National Bank will be forced to go into the physical gold market and purchase bullion.
UBS analysts predict that the Swiss National Bank will have to buy about 1,500 metric tons of gold over that three-year period.
That is no small amount.
Ole Hansen, head commodity strategist at Saxo Bank, said, “That kind of gold buying would put what we’ve seen recently in China to shame.”
To give you some context, in 2013, China purchased 1,176.4 metric tons of gold, according to the China Gold Association.
How to Profit From a Yes
To benefit from a yay vote, investors should consider buying physical gold bullion.
Another terrific option is to purchase an exchange-traded fund (ETF) that debuted in mid-May, the Merk Gold Trust (OUNZ).
Its expense ratio is a reasonable 0.40%. Plus, when you liquidate the fund, you have the option to actually receive delivery of gold bullion (held in London for Merk) or gold coins. You won’t get that benefit from many other ETFs.
To liquidate, investors simply file a delivery application and submit it to their broker. The gold delivery itself is a non-taxable event since you’re taking delivery of an asset you already own – gold.
Merk’s first such applicant this past summer received delivery of 54 American Buffalo 24-carat gold coins.
It’s very likely, Merk will receive plenty more of these applications if the Swiss vote yes at the end of November.
And “the chase” continues,