Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Poppy3:

...IN REGARDS TO THE 2014 BUDGET, IT WAS SATISFIED AND APPROVED COMPLETE THREE WEEKS AGO.

THERE WERE SEVERAL NEWS ARTICLES THAT CLEARLY STATED THEY WERE COMPLETING AND FUNDING SOME FEW PROJECTS THAT WHERE ALREADY STARTED AND FUNDED WITHIN THE 2014 BUDGET WITH BORROWED MONIES AND ALL REMAINING PROJECTS WOULD BE MOVED TO THE 2015 BUDGET FOR PASSING AND THE 2015 BUDGET 

(THIS WAS A EFFORT TO SPEED THINGS UP) WOULD BE AMENDED AND APPROVED IN THE NEXT COUPLE WEEKS. THOSE WEEKS HAVE PASSED AND THE 2015 BUDGET IS IN THE PM HANDS TO BE VOTED ON THIS WEEK.

...ITS BEEN A LONG TIME GETTING HERE BUT I DON'T KNOW HOW THEY COULD MOVE FASTER THAN THE HAVE IN THE LAST FEW WEEKS THAN THEY HAVE.

ABADI IS REMOVING OBSTACLES EVERY DAY AND MOVING IRAQ FORWARD IN FINANCIAL REFORM TO EXPLODE THEIR ECONOMY. JUST WATCH AS THIS GUY BRINGS IN OUR HARVEST.

http://www.dinarchronicles.com/intel

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Stryker:

US Today quote:
"U.S. light crude (West Texas Intermediate)   fell 10.2% to $66.15, while Brent crude dropped 3.4% to $70.15 for the day. Analysts predicted the benchmarks could fall further next week when traders return from the Thanksgiving holiday weekend."

Parliament session saw no budget presented today due to the falling oil prices in the world, and the possibility that they will continue to drop further.

A special committee had to be formed by PM Abadi to make sure that the budget can withstand further decline. This is not what we wanted my friends but what is in fact the reality, and since Iraq depends 95% on oil to make up it's GDP a real concern has stopped today's deliver by PM Abadi of the 2015 Budget to parliament.

Speaker of the House, Salim al- Jabouri, adjourned today's session and this parliament’s legislative sessions until early next year but they are ready to call an extraordinary session when the budget is ready to be presented to parliament.

PM Abadi has given this new committee 7 - 10 days to discuss the oil prices affect on the 2015 Budget, ratify it if necessary and have it ready for parliaments approval.

Keep in mind, a 10 day delay is much better than a 30 day delay.

In other news, Kurdistan PM Barzani arrived in Baghdad to go over all outstanding issues, and hopefully sign the long term deal that has been weighing heavy on the country of Iraq for many years.

This tells me that they are wanting to get the HCL completed, in the interim of the budget arrival and passage.

A real consensus is there to complete all outstanding issues with all provinces and pass many of their stalled laws but the agreements between Kurdistan and all the other provinces must be in place first...chin up and remember, Iraq (I mean) Rome wasn't built in a day.

http://www.dinarchronicles.com/intel

UU8378 - “Moving forward with needed legislation”

Hi Everyone,

I hope all my friends in the USA had a very Happy Thanksgiving Day !

Even though my family and I now live in Germany, we still remember the American Thanksgiving Day traditions and continue to celebrate it that way. In deep roots remember we are always American.

Thanksgiving in German Europe has a long tradition too, but one that is different in many ways from that in North America. First of all, the Germanic Erntedankfest ("harvest festival of thanks") is primarily a rural and a religious celebration. When it is celebrated in larger cities, it is usually part of a church service and not anything like the big traditional family holiday in North America. Although it is celebrated locally and regionally, none of the German-speaking countries observes an official national Thanksgiving holiday on a particular day, as in Canada or the U.S.

Erntedankfest is often celebrated on the first Sunday in October, which is usually also the first Sunday following Michaelistag or Michaelmas (29 Sept.), but various locales may give thanks at different times during September and October. This puts the Germanic thanksgiving closer to Canada's Thanksgiving holiday in early October.

Since my Hubby and I grew up in the USA, we and our new family take on more of the Americanization version of the Thanksgiving holiday even though we now live in Germany. Thus we do still follow the November date of the last Thursday of the month. So we were thankful of all our new dinarian friends we have made over these last many years and shared a bit of  prayers and gratitude with you for this investment.   We sat with friends and family, shared our prayers and then we too ate a feast. Fresh Turkey is not always available in Germany but a nice fat  goose was popular and so it was roasted and very delicious.  Now for the news of today.
Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 11/21 as this news letter is a continuation of this news.

Today’s News

Today is Saturday 11/29 and I believe Iraqi is literally very much on the verge of bringing back their currency online to a global status. This has not changed and is moving forward with the final steps in preparation to do so.

However my USA contact  now says it may be late December or early January before it is finalized on the public exchanges. What I mean by this is then opened to the general public were anyone can walk in to the bank and exchange or purchase dinar.

However I do know for a fact they have already begun exchanging many of the contracted groups behind the scenes and continue to do so now for a couple weeks already.

Now we are waiting for the prime minister of Iraq to make an announcement that it is completed and the currency rate has finally been standardize through the provinces. This is something noteworthy to watch for in the news. This will mean they have went global and the revaluation is done.

If you had signed up for a group your rate is locked in and I am hearing they will honor that rate before the general public gets the rollout. In the past, as you may know, we all had the opportunity to form a group and register. Did you know abut this? This was not made known to everyone. I personally did not hear about it until it was too late.

Many who knew about it have done so and so they now will get the privilege of exchanging ahead of the public. If you are a registered member of a group you may be called in to exchange any day now if not already done so. If you have not yet been called I would inquire with the source you registered with. To register did not mean you ever had to relinquish possession of your paper currency. If you did so this was not a legitimate sanctioned group and you may be now out of luck.

This is the USA rollout plan. Unfortunately the rest of the world will have to go along with the plan too. I do not see the general public going to the bank until anytime after the Christmas holiday. This is still very encouraging and we should all be very happy this will finally be over.

Last week parliament and the GOI have questioned once again why the CBI is not completing this project to delete the zeros (currency reforms). In return the finance committee stated that the project for economic reforms will be completed by Monday, Dec 1st. The question is – does this include the currency reform, meaning currency rollout to international status with new rate?

Many say yes, however I do not go along with these thoughts. I want to hear that the final steps of the  “project to delete the zeros” is underway. This will be sweet words to my ears. Not that it is not going to begin again but I just do not believe what Iraq means by financial reforms and this Dec 1st date is for the currency reform….sorry !  This is just another blunder on the part of these intel gurus, grasping at any straw to confirm once again the RV is happening and there is a foreseeable target date. Always false target dates and how many of do we have to hear.

But I do believe it is very close but not just the Dec 1st date, as many are hoping for.

So can you see their rollout strategy? By exchanging the “people in the know” first they will no longer be holders of dinars and so when it goes live on the open markets they will not have the opportunity to really cash in when the spike happens. This is their fear. Too many very rich people around. Too much money to influence politics. They also do not want many to wait and watch the rate rise and then exchange with a very higher rate thus negating their contracts (which many have significantly lesser rates than the $3.58). Would you then take you dinar to exchange when called at your locked in rate of 50 cents or go to exchange outside your group (and negate your contract obligations) and get the much higher market rate of over $3.58. They afraid would not live up to their part of the contract if $3.58 or more should be available.

However don’t forget also about the list of the important Iraqi laws I have mentioned in my last news letter dated 11/21. These laws are going to come out in a basket and voted on simultaneously in parliament. Yet another item to watch for in the news media when we are really, really close to the RV.

An article this week has told us they intend to vote on a “groupof laws” prior to going on vacation. The news did not tell us which laws but I believe they are the ones on my list below. I do not know how they intend to do this unless parliament’s vacation is postponed or entirely cancelled. Today is Saturday and still no further news on this topic. I would not put anything past Abadi.

I am also now going to add to the list to summarize what we should be looking for in the near future. The top 4 are still the main focus.

1.Oil and Gas (HCL) – need to complete immediately
2.Federal Court – (law of Accountability and Justice)- need this immediately
3.Parties law (define and limit parties in Iraq for next election process in 2018)
4.General Amnesty Law – need this immediately
5.Financial Reforms – need immediately for infrastructure projects and global banking
6.Federation Council laws (Provincial Council)  will be ongoing for many years to come
7.Anti-Corruption laws – Abadi’s goal is to have zero tolerance  or you’re out of the GOI
8.Reconstruction laws (Infrastructure laws) need to be in place by 2015.

These are all being worked on and are in a constant state of either being written, revised or on schedule to be reviewed or voted on by the parliament. I totally believe we will see all these areas of concern addressed by implementing sound legislation before the end of 2014.

Saleem al-Jubouri, head of the House of Representatives, announced on Saturday that Haider al-Abadi, the prime minister, will attend the parliament session to be held, Sunday 11/30, to submit the draft budget law for 2015, as he emphasized that the first reading of it will be in the same meeting. This is all good news since I believe the USA wants a sound budget for Iraq prior to the beginning of 2015.

Remember also that Iraqi parliament is set to go on a 30 day vacation. Jubouri has stated the vacation will not begin until the 2015 budget is completed. Do you see why now they are working do diligently to complete it? Their vacation period was set to begin on Dec 1st.

Summary

So today I send you an update one again to report on Iraqi progress.

As I have said in my prior news letter, I still believe we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it.

Could they pop this out prior to Christmas to the general public? Yes – I believe anything is possible but first I know they want to get all the registered groups exchanged first. They are about 90% complete with that now so it could happen before Christmas.

In my last news letters I summarized some of the other issues I saw facing Iraq and why I felt these issues put enormous pressure on Iraq to get the CBI moving on the project to deleted the zeros from their currency. I now believe it is all done and we are just waiting on the final rollout.

I know they have tried this before unsuccessfully but this time they can not stop it. Like a small snow ball rolling down the alpine mountains it grows larger and larger everyday. The larger it get the harder it  is to stop. Do you understand my analogy?

Then when can we expect the RV?

I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV.

Peace and Luv To Ya All,
Mnt Goat

Stage3Alpha:

R.V. / GCR:
The biggest question you can ask yourself right now...how much gold backs up the chinese currency?

There is no rv until after they make the announcement of how much asset backed tonnage of gold backs their currency, and most likely we will see them make this announcement very very soon.

As they change the value of gold, they will increase all of chinas wealth as they seek to take over the worlds leadership position

Remember the Chinese have stipulations if they want to be a reserve currency...i.e. like pay off the historical bonds and announce the percentage Of assets that back up the YUEN...TIMBER

»»»»»»»»»»»»»»»»»

Mac:
If we think the budget was not passed because of low oil prices, think again! The US is behind all of this!

EXOGEN > Mac:
YES THAT IS A 100% LIE ABOUT NO BUDGET DUE TO OIL PRICES….IRAQ KNEW ALL ABOUT OIL PRICING BEING RESET AT THE GLOBAL OPEC CONFERENCE IN AUSTRIA ON THURSDAY

»»»»»»»»»»»»»»»»»

Austin-Powers-For-PM > EXOGEN:
Ok, so what is misinformation and what is truth?

We get fed so much contradictory information here, how are common types like us supposed to make heads or tails of this?

IMO, the best strategy is to just step back and realize we are in a marathon, not a sprint.

My hope is NOW, my reality is 2015.

Believe for NOW, prepare for the ongoing marathon we call the RV.

EXOGEN > Austin-Powers-For-PM:
YOU CAN NOT MAKE HEADS OR TAILS OF ANYTHING….YOU PLAN AND PREPARE FOR EVERYTHING BECAUSE THERE ARE NO RULES

»»»»»»»»»»»»»»»»»

R.V. / GCR:
Point to ponder....if the gold contracts are due in just a short matter of 7 to 10 days and now iraq needs 7 to 10 days to reevaluate their oil budgetry needs to work on a solution please connect the dots

R.V. / GCR:
this is a last ditch effort by the Cabal to keep market currencies at their lowest exchange… this is the last ditch effort for the Cabal central bankers to keep currencies defendable… keep watching we're about to see the show is about to begin

jay kay > R.V. / GCR:
what is the last ditch effort?

R.V. / GCR > jay kay:
THE time before they run out of time...is their last ditch effort to come up with one more false flag or something hey...look shiney thing over there.

KTFA:

Frank26:
Three years ago:

But Frank26....... What does the price of oil have any #%?! Thing to do with the MR of the IQD???!!!

Silence and disciplined patience is difficult to maintain for so many years.   So hard.

So allow me a stress release moment........ TA DA !!!!!!!!   lol

KTFA, Frank

»»»»»»»»»»»»»»»»»

songongwolf:
I keep seeing referrals to "OZ" and/or "Daddy".
And I can't come up with anything that fits.    Can someone help me?

Toyvp:
This is in reference to (PTB) or the powers that be aka. (rothchilds and other money oriented families)

backdoc:
SINCE WE ARE NOT PRIVY TO ALL THAT GOES ON BEHIND THE CURTAIN SO TO SPEAK IN THE BANKING WORLD, I THINK IT'S THE BEST ANALOGY I COULD THINK OF!

I REFER TO OZ AS BEING THE BIS,IMF,WB,UST,AND CBI ! HOPE IF THIS HELPS IF SOMEONE IS CONFUSED!! DOC

»»»»»»»»»»»»»»»»»

backdoc » November 30th, 2014, 4:01 pm

IMO…NO SURPRISE HERE SINCE IT WILL TAKE ALL THREE:

CUT EXPENSES, INCREASES OUTPUT AND SALES, AND DIVERSIFY THEIR ECONOMY QUICKLY!!

ALL THIS AND NOT TO MENTION THE DINAR VALUE ADJUSTING TO THE LOW OIL PRICE AND THE STRONG DOLLAR!!  (See Article Below)

»»»»»»»»»»»»»»»»»

Iraq Budget 2015: Cabinet form a committee to determine cut expenses all ministries to reduce the budget deficit in 2015

30-11-2014

Cabinet form a committee to determine cut expenses all ministries to reduce the budget deficit in 2015

Baghdad announced ... Prime Minister's Office, the Cabinet formed a ministerial committee to determine cut expenses all ministries in order to reduce the budget deficit in 2015, and that the Committee will submit its recommendations within a week to address and reduce the projected deficit.

Information Office of the Prime Minister Haider al-Abadi, said in a press statement received (Fallujah News) a copy of it, that 'the Council of Ministers held, on Saturday evening, a special session to review the proposal of the general budget for 2015 submitted by the Ministry of Finance.'

The bureau said in its statement that "in light of the sharp decline, which happened in oil prices over the past few days and caused a serious increase in disability rates, the Cabinet decided to form a ministerial committee shall conduct a comprehensive review of public expenditure of the state to come up with recommendations ', adding that' recommendations will be presented during the week to address and reduce the projected deficit in the budget. '

http://www.falujanews.com/index.php?page=article&id=121860

»»»»»»»»»»»»»»»»»

backdoc » November 30th, 2014, 4:13 pm

IMO

WITH THE DOLLAR BEING ROUGHLY 80% OF THE WORLDS RESERVE CURRENCY AND THE G-20 SOLIDLY NOW IN CONTROL OF THE BLACK GOLD'S PRICE, WE AWAIT TO SEE WHERE THE EMPIRE WANTS THE DOLLAR IN RELATION TO OIL AND THE DINAR.

WITHOUT DEBATE THE US AND IRAQ COMBINED WILL EASILY DETERMINE THE MARKET PRICE OF OIL IN THE YEARS GOING FORWARD!!!

THE U.S. IS ABOUT TO OVERTAKE SAUDI ARABIA AS #1 AND IRAQ WILL OVERTAKE THE U.S SOONER THAN LATER!!

IT'S ALL ABOUT CONTROL ! DOC

»»»»»»»»»»»»»»»»»

m1ntaka_k:
Bacdoc, I love it when you are on the roll....

Could you elaborate a little bit more (if that is not too much trouble) on the statement you have made in your big post "the real price on oil will be controlled by the G20 now! Opec has been broken now!"

Thank you.

»»»»»»»»»»»»»»»»»

backdoc:
IMO…IN THE PAST OPEC HAD CONTROL OF THE BLACK GOLD!

THEY COULD BY THE WILL OF THE MEMBERS USE PRODUCTION CUTS TO CONTROL THE PRICE UNTIL THE EMPIRE FINALLY WANTED CONTROL OF THAT CURRENCY TOO, JUST LIKE THEY HAVE WITH GOLD AS I'VE MENTIONED IN PREVIOUS POSTS! LOL

THE ONLY THING OPEC CAN NOW DO IS TRY TO PUMP, PUMP, PUMP ! IRAQ WILL STEAL MARKET SHARE EASILY AS THE U.S. AND IRAQ CAN UNDERCUT ANY PRICE AND THEY WILL GET THE REST OF THE EMPIRE TO BUY FROM THEM!

WITH SANCTIONS ON RUSSIA LIKELY TO INCREASE AND IRAN IN JEOPARDY OF BEING ATTACKED BY ISREAL OVER THE NUKE ISSUE AS WELL AS DEALING WITH SANCTIONS, CONTROL OF OPEC IS NOW BROKEN AND THESE ARE NOT MY WORDS BUT THE WORDS OF EXPERTS IN THE OIL BUSINESS ! DOC

m1ntaka_k:
Thank you Bacdoc for your informative response. I hope you have a whole day to enjoy yourself on the forum.....If I may ask one more question.... In your opinion the dual currency repair -will it be a single or separate event? Thank you.

»»»»»»»»»»»»»»»»»

backdoc:
IMO….I WISH I HAD A SOLID ANSWER ON THAT BUT WHAT I WILL SAY IS THAT MANY OF THE SAME REFORMS OR PROCESSES THAT IRAQ HAS GONE THROUGH, VIETNAM HAS DONE THE SAME!

IN MANY WAYS THEY ACT LIKE BROTHERS!

THEY BOTH HAVE LOANS FOR THEIR INFRASTRUCTURE AS OF LATE!

IRAQ STATES IT HAS 90 TONS OF GOLD RESERVES, VIETNAM HAS 100 ! MMMM

I COULD GO ON AND ON HOW THEY ARE BECOMING MIRROR IMAGES OF EACH OTHER! MMMMM

CHINA HAS SERIOUS CURRENCY CHALLENGES ESPECIALLY AS IT STRUGGLES TO BECOME THE SECOND RESERVE CURRENCY IN THE WORLD! WITH CURRENTLY 18% OF THAT MARKET I SUSPECT IT WILL CONTINUE IT'S STUNNING RISE QUICKLY!

WHAT BETTER WAY TO HELP IT ACCOMPLISH THAT BUT BY HAVING A DONOR CURRENCY CALLED THE DONG!

SAME FOR THE DOLLAR AND THE DINAR!

RIGHT NOW WE ARE WAITING TO SEE HOW LOW THE EMPIRE WANTS THE OIL PRICE TO GO IN RELATION TO HOW HIGH THEY WANT THE DINAR AND THE DOLLAR!!

ALL I KNOW AT THIS MOMENT IS THAT IF THE DONG DOESN'T GO AT THE SAME TIME IT MIGHT DO DAMAGE TO ITS CURRENCY SINCE FOLKS LIKE US WILL BE BIG BUYERS!!! DOC

»»»»»»»»»»»»»»»»»

drdonar:
Unless iraq plans on leaving opec, not happening, they do not get to pump willy nilly...thats the whole purpose of opec...control price by controlling supply.

Aggiedad77:
Iraq has been pumping oil without constraint by OPEC......they were given a few "grace" years to get back on their feet.....I don't remember seeing anything that says that grace period is over for them....they don't have to get OPEC approval to raise their rates like other OPEC nations are required to do.  Aloha   Randy

mike100:
I believe the rise of the DRAGON is coming and a shift in power is amongst us but many will scoff at the reality and continue living in the matrix of illusion of mainstream media etc.. and underestimate how strong China is truly becoming.

The chinese New year is fast approaching i am foreseeing mighty changes coming in 2015 IMHO.

To Bacdoc i agree with the offset for low oil prices for Iraq's new budget they are going to if anything be forced to raise the value of the dinar sooner rather than later.