Post From Dinar Updates 3-07-16
Chat Room Excerpts & Highlights
Dinar Updates Monday PM Chat 3-07-16 Part 1 of 3
wmawhite says to tman23():So, the technical Letter of Intent dated December 23, 2015 with Legrade's signation as well as that of the Minister of Finance and the CBI are to be regarded as what?
The result of the Technical Letter of Intent came from the very meeting that this statement came from:...The director of the Middle East Department and Central Asia for the International Monetary Fund Masood Ahmed in a press statement.......stressed that Iraq will return to economic market during the first half of next year.
rcookie says():tman23 The IMF did make the statement that Iraq will enter the world market 1st part of 2016… So ask yourself…What does Iraq have to export from agriculture or manufacturing?
NOTHING IS THE ANSWER! So again, why announce Iraq to the world market? The only reason can be to exchange their currency for foreign currency to purchase imported goods.
None of that means our 3 zero notes will be worth more money. WE only hope that it will be worth big returns on exchange
wmawhite says to tman23():What is of great interst is that LeGrade uses the same verb as her Director of Middle East and Central Asia uses........."Will".
rcookie says to wmawhite():SO NOT WORTHY OF REBUTTLE!!
wmawhite says to tman23():signature
rcookie says to wmawhite():POINTLES!!!!
rcookie says to wmawhite():POINTLESS!!!!!
rcookie says to dale():EXACTLY DALE!!!!!!!!
tman23 says():My thoughts exactly.......POINTLESS !! Unless you care to research with an open mind.......
Robl says():So, am I reading this right, the debate is that basically, there will not be an RV in the first half of this year? We are just reading into what has been stated by IMF?
wmawhite says to tman23():One other item...........go to paragraph #18, #19 and #20............and read for yourself wher..."the government will........" Not maybe, not hopefully, not might get around to it................
_firefly_ says to Robl():NOBODY knows the date .... petriod
Robl says to _firefly_():Agreed. I am just reading through this debate and trying to make sense of it.
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says():According to the latest report from the World Gold Council, central banks added 336.2 tonnes of gold to their reserves in the second half of 2015, up from 252.1 tonnes in the first half of the year.
According to the latest report from the World Gold Council, central banks added 336.2 tonnes of gold to their reserves in the second half of 2015, up from 252.1 tonnes in the first half of the year.
Article in business site says the World Gold Council registered an increase of gold holdings at central Article in business pub says Central banks have increased holdings of gold from 252 tons to 333 tons first half 2015 to YTD 2016 up only 34%
dale says to beblessed():Tman23/: Your right I haven't looked but what I stated is is what happens even in large corporations ..... just doesn't seem like anyone would run their mouth especially given how huge this is for not only Iraq but the world.
wmawhite says to tman23():I have not seen anything more informative than this Technical Letter of Intent. This document is a game plan that within paragraph #19 and #20 explains how the move to Article 8 is achieved.
_firefly_ says to Robl():IMF stated Iraq will enter the Global Market in the 1st half of 2016. Not my words but theirs. They IMO would need an international tradeable rate I would think
tman23 says to Robl():The IMF is NEVER going to release market sensitive material....... Is a clue to the revaluation of the IQD market sensative ? I would say so !! So re-entering the international market announcement means RV ??? I think not !!
wmawhite says to Robl():No one has said anything about RV.
rcookie says to _firefly_():NOT IF CHRISTINE LEGARDE DIDNT SAY IT....,ROFL!!!!!!!!
Robl says to _firefly_():Thanks. I am just reading the debate and trying to make sense of the differences. Much Appreciated....
_firefly_ says to rcookie():Nothing to debate really, just read the article for yourself :)
wmawhite says to dale():I have to disagree with you............this is no big secret........that is guru b%$&^*s.
wmawhite says to dale() Iraq wants the world to know that they are entering the markets.
wmawhite says to dale():The IMF.....again..read it yourself....has told the world Iraq is entering the markets.
Robl says to _firefly_():ok, will check it out. Thanks,
_firefly_ says to Robl()::)
dale says to beblessed():Wmawhite : Makes sense.
wmawhite says():Iraq gains nothing by keeping a secret.........
rcookie says to _firefly_():EXACTLY...UNLESS YOU RISE AND SHINE UNDER THE EVERYTHINGS A CONSPIRACY FLAG!!! ROFL!!!!!!
rcookie says to _firefly_():WHAT A WAY TO LIVE!!!!
wmawhite says():Hexk, Iraq as with any country will need the assistance of the world financial community............there is no secret.
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says():so tman is saying Iraq renters the Global trade market with the dinar at .0008 of a cent? Then all their trade is done in dollars or Euros or pounds how does that increase Iraqi citizens purcasing power?
wmawhite says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..]():I won't speak for him..........but no one has discussed a value.
R&R says():Well, the first half of 2016 has 181 opportunities for Iraq to enter the world market.... there are now only 115 left. None of us knows which one will be the one. But what we do expect is that they should no longer have an artificial program rate once they enter the market. I hope this is a fair statement, to add to the conversation...
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says():I understand whatever tghe value is it has to have some purchasing scale versus the trading partners. It can't remain worthless
clay says to R&R():Im with you
larrykn says():the value of the dinar inside of Iraq will not be seen as such, it is how much more you can buy with that same amount of dinar, once the go international is when you will see the big diferents, what they can buy outside of the county will determine the value of the dinar
R&R says to clay():(handshake)
clay says to R&R():(handshake)
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says():the number of attempts to enter the market were circunstaintially different apples and oranges. Negative interest rates mean currencies are the last venue to stimulate demand
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says():frustrating bye
rustynail says to clay():hey bud , don't they just have 4 days left on the ultimatum from Sadr
rustynail says to clay():the most recent one that said the 11th
rcookie says():I would say so !! So re-entering the international market announcement means RV ??? I think not !!
rcookie says():SO IRAQ WILL BE ENTERING INTERNATIONAL MARKETS AT THE IMPOSED...ARTIFICIALLY SUPRESSED RATE...BUCKLE UP !!!!
larrykn says():did I miss something rcookie what is this about entering the international market at an imposed rate, they would go broke over night at that rate
R&R says to rustynail():FYI - Sadr gave his 45-day ultimatum on 2/13/16. Then Abadi on 2/28/16 said he would have his ministerial selections "within ten days".
R&R says():BTW Sadr just put out his approved list of people for the ministerial seats, with exception of foreign, interior, and defense.
R&R says():The names of candidates for the new Iraqi government by the Commission for the first time Alsdr..tkhv
BAGHDAD: Iraq-Presse - March 7: Sources close to the committees formed by the Sadrist movement to nominate independents to take up ministerial posts in the upcoming change, at dawn on Monday, said that these committees reached nominations for nine ministries and are still searching in the naming of ministers of key sectors occupy the foreign, interior and defense positions where was not clear until now features independent personalities that can be found to fill these positions.
Pablo says():Did he say anything about CBI governor?
R&R says to Pablo():No... but I'll bring in who they've agreed on so far
R&R says to Pablo():The sources said that the proposed ministers were as follows:
R&R says():First: the Ministry of Justice: Wael Abdul Latif, the strongest candidates, along with other candidates are Hussein net Caesar and Abdul-Latif al-Rubaie Tohme.
R&R says():Second: The Ministry of Industry: two are nominated her and Yahya Al-Dujaili spokesman Antoine
R&R says():Third: The Ministry of Finance nominated her Obaid al-Dulaimi, a former deputy secretary general of the Council of Ministers
R&R says():Fourth: The Ministry of Water Resources: Mazen nominated her slave
Fifth: The Ministry of Health has nominated six people, most notably Hammoud Rashad Jeweler and Imad Mashat
Sixth: The Ministry of Oil: nominated her Abdul Mahdi al-Amidi He is Director of Licensing at the ministry
Geofitness says to rcookie():I don't know what I don't know as far as putting these piece togather. So I'm not saying I beleive something to be, or not be true. It's simply a question and thank you for being patient and taking time to answer it in a thought proviking manner
Geofitness says to rcookie():So as far as value is concerned, how likely, regardless of what we want the value to be, how likely is it that they could increase the value to .10 -.25 which by the way is significant instead of the $1 plus we hope for?
Geofitness says to rcookie():.10 would give them more purchasing power correct? Just trying to use a little logic here
Geofitness says to rcookie():Ok good answer. Thank you for taking the time again.
R&R says():Anyone see in news or press releases from the Iraqi Banking Conference today? THe first day's agenda is complete, including Alak speaking this morning. It's almost 8pm there and the Gala dinner starts at 8:30pm.
Hutch says():UM ## We're going to need more toner ### Chat Copied ##
Geofitness says to rcookie():Even better answer. So would it be safe to say with assurance if Iraq increases their purchasing power that they "cannot" be less than what we believe is beneficial. $1 plus
Geofitness says to rcookie():p.s. not trying to back you in a corner, just trying to get a real grasp on the thinking and how economics work.
jimplants says to Geofitness():IF THEY COME IN AT .10CENTS I WILL BUY MORE!!!!
Loopback says to jimplants():Exactly
jimplants says():LOTS MORE
R&R says to jimplants():Don't know if I'd buy anymore, but I definitely would release a note or two at $0.10 (y)
Geofitness says to jimplants():I would too since it would validate our existance in this investment of the increase in value regardless of the number. We would beat our chest with great confidence that they would increase a heck of a lot more. Gotta run. Thank you all for your input and patients
larrykn says():Iraq in an article not to long ago said they will be one of the highest currency in the ME, I don't think 10 cents would get them there for one and two your right I and everyone else would buy a lot more knowing it will be going up
jimplants says():AT .10 CENTS WHALES WOULD HAVE A WHOLE NEW MEANING
larrykn says():isn't that the truth lol
jimplants says():PRACTICING MY WHALE MOAN NOW
larrykn says():of course they could stop allowing the dinar to be sold which would stop that
jtank says():aahhooo aahhooo--lol
larrykn says():but then forex would take over,,, just me thinking outload lol
larrykn says():loud sorry
jimplants says():AAHHOOOOOOOO AAHHOOOOOOOOOOOOOOOOOOO
faith1 says():the stand by has surly made us strong....er A (v)
rcookie says():03/07/2016 20:57 Masum from Egypt: We seek to build a national army
BAGHDAD / obelisk confirmed President Fuad Masum, on Monday, that Iraq is seeking to build a national army based on a professional basis, and while stressing the importance of Egypt's support for Iraq in the field of enhancing military cooperation, he pointed out that Iraq will pass all the obstacles that stand in front of the ambition to build a democratic state .
Loopback says to rcookie():Hope it's optimistic and full a facts!
rcookie says():he presidency said in a statement, said that the infallible 'met in Cairo at noon today, Egyptian President Abdel Fattah al-Sisi', stating that 'the two presidents discussed bilateral relations between the two countries dominated the meeting was friendly and positive atmosphere. "
The infallible, according to the statement, 'Iraq's desire to build a distinctive and sophisticated relations with the Arab Republic of Egypt', adding that 'these relationships required by the will of the two peoples over the ages.'
He added that 'the Iraqi people on the way to pass all the obstacles that stand in the way of his ambition to build a united and progressive democratic state', adding that 'Iraq's relations with Egypt witnessed significant developments towards the enhancement of cooperation and understanding, Iraq aspires to establish similar relations with all Arab countries in general and neighboring countries in particular. '
rcookie says():He stressed the infallible 'the importance of Egypt's support for Iraq in the field of enhancing military cooperation', stressing that 'Iraq is seeking to build a national army based on a professional basis to serve all Iraqis without exception'.
Masum called to 'benefit from the Egyptian experience in industry, agriculture and tourism as well as the development of cultural and academic relations between the two countries. "
For his part, al-Sisi welcomed the visit, viewing it as' very important and of great concern ', stressing' that Egypt is ready to cooperate in all military, economic, cultural and academic fields. "
And cross-Sisi pride B'alarac his country and his commitment to the development of cooperation in all fields', expressing hope 'Iraq's success in passing the difficulties experienced by the moment.'
rcookie says():HERES SOME MORE...
Loopback says to rcookie():There you go again! Man oh man. Trying to get everyone excited.
rcookie says():Nechirvan Barzani: ready to normalize relations with Baghdad through dialogue
PM: 09: 39: 07/03/2016 Khandan - The President of the Kurdistan Regional Government Nechirvan Barzani, KRG ready to normalize relations with the federal government through dialogue and mutual understanding.
Kurdistan Regional Government said in a statement, said Nechirvan Barzani, head of the provincial government and his deputy, Qubad Talabani, held a meeting with ambassadors and representatives of countries (G7) and the representative of the United Nations Assistance Mission for Iraq (UNAMI) and the representative of the European Union to Iraq.
Hutch says():3 kinds of people: those who can count and those who can’t.
rcookie says():Then explain Qubad Talabani, Vice President of the provincial government's reform plan drawn up by the Kurdistan Regional Government of the visiting delegation, talked about the details of the steps to implement this plan, which will be transformed in the end to the comprehensive reforms in all sectors of government.
He also spoke about the main points of the plan, which would create a good balance between government expenditure and revenue, noting that 95% of which come from oil sales.
In the context of the review of government reform plan, he pointed out that the aim of the reform plan, is to regulate the economic structure of the Kurdistan region and improve the standard of living of the citizens.
rcookie says():For his part, asked the delegation countries (G7) his observations and his views on the plan, expressing his willingness to help the Kurdistan Regional Government, calling for normalization of relations between the KRG and the Baghdad government for the common benefit.
In contrast Nechirvan Barzani expressed the readiness of the Government of the region to normalize relations with the Baghdad government through negotiation and dialogue and mutual understanding, as a student of the next meeting of the countries (G7) which is scheduled to take place in Tokyo to address the issue of Kurdistan.
rcookie says():http://translate.google.com/translat....faceiraq.com/ LINK
rcookie says():CAUTION.....PROBABLY ALL SMOKE AND MIRRORS OR TRYOUT FOR NEW IRAQ PUNKED REALITY SHOW!!!.
rcookie says():THATS MY CLOSED MINDED RESEARCH DISCLAMOR....YOUVE BEEN WARNED!!!
Loopback says to rcookie():I'm sure Baghdad will do something to mess it up. Kurds Rule!!
rcookie says to Loopback()::D...YEP...
Loopback says to rcookie():Bring more smoke!! Please
Loopback says to rcookie():Because where there is smoke there's someone with a bucket of water putting out a fire.
rcookie says to Loopback():EN FUEGO!!:D(lol)
Comments may be made at the end of Part 3 Thank You