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Update from Kaperoni: "IMF Article VIII will Occur in 2015"

12/10/2014

3 Comments

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Kaperoni:

Article:
"Zebari: the dinar exchange rate remains stable"

Quote:
"views the exchange about the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy."

The key is it appears Iraq has turned to the IMF for help.

And they will follow the rules even more so now.

Which takes me back to the IMF Article IV consultation!

Article VIII and a gradual appreciation.

»»»»»»»»»»»»»»»»»

Article:
"Legislative power: raise zeros will not affect oil prices"

No matter how you look at it..as the float starts or the Law of Indebitness there is no chance the zeros will be gone in 2015.

The articles describing the process from a few months ago clearly stated it could take 4-5 years once it began.

I believe IMF Article VIII will occur in 2015 (which will give freedom of movement of capital to occur), but many people are going to be surprised that the dinar's value will remain low until investment begins to flow into Iraq.

http://www.dinarchronicles.com/intel
3 Comments

Update from tman23: "There is a lot of Chatter in Kurdistan over the CBI"

12/10/2014

1 Comment

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

tman23:

Kurdistan Parliament is continuing work on an independent Kurdistan Constitution to be completed near term August 2015...and will vote for a referendum for an independent Kurdistan if Baghdad doesn't live up to the agreements and/or doesn't/can't get its s*** together...The Kurd constitution being written WRITES OFF THE USE OF THE IQD AS IT"S OFFICIAL CURRENCY...Also the Kurds have said they had enough of Maliki accusations in the press and the GOI needs to take action immediately against this man who placed Iraq in disaster and continues to hurt the country...There is a lot of chatter in Kurdistan over the CBI and LACK OF in Kurdistan...And...BIG ribbon cutting ceremony in Erbil on Grand Opening of Blom Bank...HUGE...!! 

»»»»»»»»»»»»»»»»»

Why hasn't the 2015 budget been presented to Parliament ? Is it declining oil prices and the focus on the amount of the 2015 deficit? Reality is the GOI needs to get the show on the road BUT BUT BUT...If that 2015 Budget hits Parliament and there is a battle/argument/debate over the 17 percent that the Kurdistan region is receiving ...The Kurds are not arguing/debating/ or even sticking around to discuss the subject...GONE-GOODBYE...And Maliki is trying his best to keep his insiders rallied against the Kurds...This is why the Budget has not been in Parliament and this is why Jabouri is in Kirkut today speaking with the Governor...... Basically....Kurds could give a rats a**...they have their agreements and are set...And the international business world is ready to open the doors in Kurdistan.

http://www.dinarchronicles.com/intel
1 Comment

Update from Stryker: "Talks About Passing the Oil & Gas Law Right Now"

12/10/2014

0 Comments

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Stryker:


Article QUOTE:
"Ali Fayad, said Speaker of the House adviser on energy, on Monday, that the political atmosphere between the province and the center of political and other blocs are ripe for the enactment of the oil and gas law and the formation of the Supreme Council of the oil policy"

ONCE AGAIN THERE ARE TALKS ABOUT THE TIME BEING RIGHT NOW TO PASS THE OIL & GAS LAW DUE TO THE DEAL STRUCK BETWEEN KURDISTAN AND FEDERAL GOVERNMENT.

http://www.dinarchronicles.com/intel
0 Comments

Spartyville at TNT: Currency News Piece from CNBC

12/10/2014

0 Comments

 
TNT:

Spartyville:
"Rick Santelli reported live at Chicago Mercantile floor " I have seen large blocks of foreign currency trades today. This is usually an indication of an over night price change in currency"

I was watching this live on CNBC at 3:10 today December 9 2014.

I have no idea if this means big swings in price or small

changes....it just what I witnessed him say from the floor live. Only time will tell.   

http://video.cnbc.com/gallery/?video=3000337591
0 Comments

S3A: Tuesday Afternoon Intel Update (Part 1)

12/10/2014

1 Comment

 
Stage3Alpha:

TUESDAY INTEL UPDATE!!!!!! (PART I)


Posted by EXOGEN on December 9, 2014

EXOGEN:
EVERY QUESTION ABOUT THE PROCESS IS ANSWERED IN THIS THREAD

READ THE INTEL THREAD TODAY AND YOU WILL UNDERSTAND EVERYTHING..............

1. WHY DELAYS WERE MANUFACTURED

2. WHY THE LEAD BANK DID SKR'S  (Wells Fargo)

3. WHY THE LEAD BANK DID PRIVATE FRIENDS AND FAMILY TRANSACTIONS

4. WHY THE LEAD BANK IS NOW # 1

5. WHY THE BAD BANKS AT THE TOP OF THE FOOD CHAIN HAVE BEEN PASSED BY THE NEW #1 BANK

6. WHY THE LEAD BANK DID BUY/SELL AGREEMENTS

7. WHY THE LEAD USED STRATEGIC EXCHANGE LOCATIONS NATIONWIDE

8. WHY THE EXCHANGES WITH FRIENDS AND FAMILY TOOK PLACE IN SELECT UST/FEDERAL RESERVE STRATEGIC LOCATIONS & ZONES

9. WHAT THE LEAD BANK HAS BEEN USING THE IQD AND VND FOR ALONG WITH OTHER CURRENCIES

10. WHY WHALES WENT FIRST & IQD LAND IS NOW POSITIONED TO MOVE FORWARD

11. WHY THE LEAD BANK DENIED THEY DEAL WITH CURRENCY YOU HOLD

12. HOW ASIA AND USA OIL CREDITS ARE STRUCTURED TO CREATE SPREADS IN CONJUNCTION WITH THE LEAD BANK FROM FOREIGN CURRENCY HOLDINGS

13. HOW OIL CREDIT GLOBAL AUCTIONS WORK AND THE LEAD BANK GENERATES BILLIONS FROM IQD/VND DAILY

14. HOW THE LEAD BANK HAS A HUGE PORTFOLIO OF OIL CREDITS FOR SALE ON THE OPEN MARKET TO GENERATE HUGE PROFITS

15.  HOW THE LEAD BANK IS NOW NUMBER 1

16. WHY THE UST/FEDERAL RESERVE, AND OTCC WERE BEHIND THIS NEW LEAD BANK MOVING TO NUMBER 1

17. HOW IRAQ BENEFITS FROM WHAT THE LEAD BANK HAS BEEN DOING

18. AND WHY THERE WAS NO INCENTIVE TO EXCHANGE THE GENERAL PUBLIC AS BILLIONS WERE BEING MADE DAILY IN PROFITS AND THE LARGE ENERGY COMPANIES WORKED WITH THE LEAD BANK & OPEC TO LOWER GLOBAL OIL PRICES WITH EXCLUSIVE LOW OIL PRICES FOR ASIA AND USA TO INCREASE MARGINS AND SPREADS FOR PROFIT

19. AND WHY SANTA CLAUS IS COMING SOON!!!!!!!!!!

EXOGEN
December 9, 2014 at 2:14pm

FRIENDS & FAMILY UPDATE # 2 (WHAT IS ABOUT TO TAKE PLACE IN DAYS)

WHAT HAS HAPPENED IS THERE ARE NOW WEALTH MANAGERS AT THE SAME BANK DOING EXCHANGES AND BUY/SELL AGREEMENTS WHO HAVE FRIENDS WHO ARE ALSO WEALTH MANAGERS AT THE SAME BANK,AND THEY ARE NOT DOING EXCHANGES AND BUY/SELL AGREEMENTS WITH THEIR CLIENTS , AND THE BANK TELLERS AND CALL CENTER STAFF AND PEOPLE HAVE ALL OF THE DATA AND ACCOUNT INFORMATION.......

IT WAS ONLY A MATTER OF TIME BEFORE THIS TOOK PLACE................

SO  TO GIVE YOU AN IDEA OF WHAT IS TAKING PLACE IS YOU NOW HAVE PEOPLE WHO ARE MEMBERS OF THE SAME ELITE GOLF COUNTRY CLUBS, SOME HAVE EXCHANGED AND DONE BUY/SELL AGREEMENTS AND OTHERS HAVE NOT
AND THESE PEOPLE BANK AT THE SAME BANK

NOW THAT THE LEAD BANK IS #1 FROM THIS PROCESS, BANK STAFF, BANK TELLERS, BANK WEALTH MANAGERS, ANGRY WHALES, ANGRY CALL CENTER STAFF, ANGRY BANK I.T. STAFF, ANGRY TIER 2 BANKS, ANGRY POLITICAL GROUPS, ANGRY PEOPLE WHO COMPLETED BUY/SELL AGREEMENTS, ANGRY WHALES AND POLITICIANS WHO COMPLETED SKR TRANSACTIONS AT LOW RATES,

ANGRY BRANCH MANAGERS, ANGRY "LEAD BANK" BRANCH EMPLOYEES NATIONWIDE, AND "LEAD BANK" NATIONWIDE LOCATIONS,  WHERE THE ENTIRE STAFF HOLDS THE IQD/VND, ANGRY  CUSTOMER SERVICE AGENTS, EMPLOYEES WHO WHO LIED TO CUSTOMERS ABOUT THE IQD/VND, ANGRY FOREX TRADING DESK STAFF AND CUSTOMER SERVICE EMPLOYEES WHO PROCESSED VND/IQD CURRENCY SALE ORDERS,

ANGRY COMPETING BANKS WHO WATCHED THE LEAD BANK RISE TO # 1, BRANCH  MANAGERS AND BANK VP'S WHO WERE TOLD TO LIE TO CUSTOMERS ABOUT THE IQD BEING A SCAM, BANK EMPLOYEES WITH SAVED IQD IS A SCAM INTRA OFFICE BANK MEMOS , BANK TELLERS AND WEALTH MANAGERS WITH SCREEN SHOTS OF CLIENTS OLD ACCOUNT BALANCES AND NEW ACCOUNT BALANCES,

BANK STAFF WHO HAVE FAMILY MEMBERS WITH CURRENCY WHO WERE NOT INVITED OR ALLOWED TO EXCHANGE, ANGRY BANKS AND FIRMS WHO PAY PEOPLE TO SEND THEM DATA, SCREEN SHOTS, ETC..........................

ARE ABOUT TO LAUNCH A CAMPAIGN IN DAYS, VIA GLOBAL SOCIAL MEDIA PLATFORMS, THAT IS FUNDED BY LEAD BANK EXISTING CLIENTS, WHALES, CUSTOMERS, COMPETING BANKS,TIER 2 BANKS LEFT OUT, POLITICIANS, BANK MANAGEMENT, BANK WEALTH MANAGERS, AND EXISTING EMPLOYEES WHO WERE LEFT OUT........................

DINARLAND NEEDS TO PRAY THE RIGHT THING IS DONE, AS THE GROUP WITH THIS CAMPAIGN HAS THEIR LAUNCH DATE SET IN THE COMING DAYS!!!

NOTE: S3A ADMIN, S3A MODERATORS, S3A STAFF, S3A INTEL TEAM, S3A I.T. TEAM, AND S3A MEMBERS WORLD WIDE ARE NOT ASSOCIATED OR AFFILIATED WITH THIS CAMPAIGN AND WEBSITE LAUNCH.

»»»»»»»»»»»»»»»»»

Janie > EXOGEN:
Thinking outside the box here.......
IF they release it, then the pressure is off to expose the game. Because then everyone has their exchange and all those disgruntled people are happy.

If you (a bank teller) found yourself sitting on the chance to now be worth millions of dollars would you have the energy or the inclination to get involved in a lawsuit against the bank?

Or would you quietly slip away into a new life with your new wealth?

Seems to me the only way out of this mess is to release the RV to the public :)

SLH 1812
 > Janie:
BINGO!

Don:
Any group or individual who engages in any of this is beyond foolish. This will cause endless delays and you can KISS GOING TO EXCHANGE GOODBYE FOREVER. THiS WILL HURT EVERYONE AND HELP NO ONE.  IMO

NewEarthNow:
EXO:

19. AND WHY SANTA CLAUS IS COMING SOON!!!!!!!!!!

Thank you for sharing how this fits with that.  :)

John:
Ok...so, they're upset because they were given what they perceived was a privilege, which is the way they have become accustom to being treated...never thinking a second thought about the possibility that what they were doing wasn't the least bit fair, considering the number of people out here who have lost nearly everything they once had.

Now, they're upset because the privilege wasn't as good as they thought it was, compared to what the people who may actually be more deserving are going to receive...well, it doesn't feel good getting cheated by someone you thought you could trust, does it?

Now, you know how the rest of us have been dealt the stinky end of the stick, all these years

»»»»»»»»»»»»»»»»»

EXOGEN:
THIS IS A BANK PROBLEM...........NOT OUR ISSUE

Mark > EXOGEN:
I am praying that you are right Exo.... we have come too far to see this go up in smoke..

G M:
Anything that moves the status quo is probably good for us...
1 Comment

News & Comments with BLC Admin tlm724

12/10/2014

0 Comments

 
BLC Admin Tlm724 Morning News & Comments

Zebari: the dinar exchange rate remains stable


[tlm724] Zebari: the dinar exchange rate remains stable
  
[tlm724] Discussed with the International Monetary Fund plans and programs of the government in the next phase 

[tlm724] The Minister of Finance that "consultations with the International Monetary Fund come because Iraq is an important part and a founding member of an international organization

~~~

[tlm724] so our priority at this meeting to give a comprehensive picture of the economic and financial reality of Iraq and consultation

[tlm724] the presence of satisfaction by the International Monetary Fund for an agreement between the central government and the Kurdistan region to increase oil exports

[tlm724] the exchange rate of the Iraqi dinar remains stable not affected in the repercussions of the drop in oil and the level of positive inflation and brought a different ratio of expected by the International Monetary Fund

[tlm724] the exchange rate of the Iraqi dinar, that is key here, the IMF requires that stability !
   
[tlm724] this is huge news !

[therealbubbie] *hallelujah*

[tlm724] the IMF requires a 2% threshold for the exchange rate and Iraq has maintained that stability !

[tlm724] if the IMF is happy then we get happy , just sayin... article 8 in on the plate ready to be served up

[RCS1947] ...and brought a different ratio of expected by the IMF

[tlm724] RCS1947 yep just look at the title the dinar exchange rate remains stable and  it's within the threshold and has been !

[Shredd] This is huge regarding article 8 compliance!

FYI

per IMF Article VIII : 9. Article VIII, Section 3 prohibits members, subject to certain exceptions, from engaging in MCPs or discriminatory currency arrangements.

In this regard, the Fund has determined that “official action should not cause exchange rate spreads and cross rate quotations to differ unreasonably from those that arise from the normal commercial costs and risks of exchange transactions.”

6 An MCP will, in particular, arise from action by a member that, of itself, gives rise to a spread of more than 2 percent between buying and selling rates for spot exchange transactions on its territory.7
~~~~~~~~~~~~~~~~~~~

INTERNATIONAL MONETARY FUND

Article VIII Acceptance by IMF Members: Recent Trends and Implications for the Fund Prepared by the Monetary and Financial Systems and Legal Departments Approved by Ulrich Baumgartner and Sean Hagan

May 26, 2006

http://r.search.yahoo.com/_ylt=AwrBT8yB.4ZUtZUAG0RXNyoA;_ylu=X3oDMTEza2ZwZzUzBHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1ZJUDI4MF8x/RV=2/RE=1418161154/RO=10/RU=http%3a%2f%2fwww.imf.org%2fexternal%2fnp%2fpp%2feng%2f2006%2f052606.pdf/RK=0/RS=aL6.7ltEaC2E11P48eAVMjzUj2w-

~~~~~~~~~~~~~~~~~~~~~~~

Sustain the relationship with the IMF

[tlm724] Sustain the relationship with the IMF

[tlm724] The aim of this meeting is to identify the impact of the conflict and the war against Daash in the Iraqi economy and discuss the budget 2015 plan

[tlm724] They also reviewed the situation in the oil sector and the impact of falling oil prices and economic activity is oil and international needs and market exchange foreign

[tlm724] market exchange foreign *wolfwhistle* but we knew that Wink see chat here http://www.bondladyscorner.com/t106521-blc-admin-tlm724-chat-imf-meeting-12-07-2014

~~~

Economy Commission: Amendments to the Customs Tariff Act

[tlm724] revealed the economic and investment commission in the House of Representatives for the new modifications will occur on the tariff law,

*wolfwhistle*

[tlm724] For his part, member of the Committee Knight Knight Speaking »Sabah» the importance of legislation tariff law during the next phase, as a basis for evaluating the deterioration in several aspects, stressing that this law must abide by when legislation through beatings at the hands of corrupt officials from entering invalid materials into the country.

[cat] yesssssss

[tlm724] the importance of legislation tariff law during the next phase

[tlm724] The director of the General Administration of Customs of the Ministry of the Finance Committee, has promised in a previous encounters completion of a sophisticated system of tariffs is adapted from a system

Alamaratne.fa while the Finance Committee in the House of Representatives announced that the cost of the application of the tariff program in Iraq up to one billion dollars.

[tlm724] has promised in a previous encounters completion of a sophisticated system of tariffs is adapted from a system

[tlm724] alerted a member of the Finance Committee that the billion dollars would be easy to loss of billions of dollars by Iraq to import inferior materials in addition to all the neighboring countries work with this system except Iraq,

causing him to be a market for all of these countries and thus draining its resources and waste of public money on the grounds that he pays hard currency and buy a product for which bad.
 
[tlm724] alerted a member of the Finance Committee that the billion dollars would be easy to loss of billions of dollars

[tlm724] see that it cost a billion dollars to implement BUT they will make billions !

[tlm724] not a bad deal if ya ask me Wink

~~~

Abadi-term: I will continue to expose the aliens even if it takes my assassination 

[tlm724] Abadi is the man ! He will not stop til this corruption is a thing of the past ! *hallelujah* 

~~~

Peshmerga announce Washington's blessing for arming the military with more than a billion and a half billion dollars 

[tlm724] Peshmerga announce Washington's blessing for arming the military with more than a billion and a half billion dollars , dayum   

[tlm724] the approval of the US Congress agreed to provide weapons and military supplies for the Peshmerga forces

[cat] took a while huh

[tlm724] now they can *kickA*

~~~

Jubouri of Kirkuk: We formed a temporary committee to follow up on Article 140 of the Constitution

[tlm724] al-Jubouri, the formation of a parliamentary committee to follow up the temporary implementation of Article 140 of the Constitution of the disputed areas.

[tlm724] sweet !

http://www.bondladyscorner.com/t106634-morning-news-comments-12-09-2014
0 Comments

OOM&F: Christmas Video from Okie

12/10/2014

0 Comments

 
OOM&F:

[.~dinarmama7] Here is a Christmas video from OKIE

Subj: CHRISTMAS VIDEO

Sending warmest wishes for a wonderful Christmas season with your family and loved ones.

Season Greetings to all.  

https://www.youtube.com/watch?v=NWF2JBb1bvM
0 Comments
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