News, Intel, Rumors and Opinions - November 9, 2014
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
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Millionday:
THIS PAST SUNDAY THEY STARTED WORKING ON THE ISX -- THERE IS NO WAY TO TELL HOW SUCCESSFUL THE ISX IS AT THIS POINT UNTIL INVESTORS AND THE WORLD TAKES PART.
THEY ARE WORKING ON THE X-STREAM AND ALL OF ITS UPGRADES ETC -- GREAT NEWS - THEY TOO ARE IN THE MIDDLE OF WORKING ON THE ESX TO START TRADING...BY THE END OF 2014.
THEY DID NOT HIT AUGUST BECAUSE THEY DID NOT HAVE ENOUGH COMPANIES IN THE ESX.
THEY HAVE BEEN WORKING TOWARD INTERTWINING TO HELP BOTH MARKETS AND MAKE MORE OF AN IMPACT.
[...do we seem to get the same news over and over again just rewording it in a different way? Ex. They said the ISX a week ago was ready.]
NO...THIS IS NEW THAT THEY ARE WORKING TO GO GLOBAL.
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WE ARE SENDING TRAINERS TO IRAQ AND MORE MILITARY HELP -- THE NUMBERS WILL DOUBLE AND THE TOTAL IS 1500--1800.
[havn't heard much about how we are doing against ISIS, whats the real story , are we making progress against them?]
YES WE HAVE SOME REPORTS -- AND ACTUALLY THE IRAQIS ARE DOING GREAT AND ARE CLEARING TOWNS ON THE GROUND AS WELL...MAKING HUGE SUCCESS.
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...KUWAIT HAS OIL AS 94% OF THEIR REVENUES AND ALSO HAVE COMPLETED THEIR BUDGET WITH 75$ PER BARREL AND ARE ABLE TO CARRY A WORLD RATE THAT IS NOT BAD -- JUST A NOTE.
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tman23:
[It would be so helpful if they just let us know the timeline, with finished date included.]
WE have the date...those zeros will NOT be there starting 2015...I am absolutely positive!
...we are in the MOMENT... and can see a change at anytime, but IMO as nobody likes backwalls...The start of 2015 is the backwall.
It's right in front of everyone...MONETARY CHANGE!
How they execute it is unknown...how the 3 zero notes we hold are to be valued is unknown...I do not feel I am going out on a weak limb stating that the reform change will be with the opening of 2015.
I don't know what the value of a 25,000 k note will be at the start of the reform...I could give a couple scenarios that are logical that nobody would like...I could give the $3.58 number that is not so logical but everyone loves...OR I could just say as I simply have...I DONT KNOW...But I do strongly believe 100% that by or the start of 2015 the zeros will be dealt with in some fashion of a monetary reform inside Iraq.
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TD:
Here's a few comments to share from my chats with my Kurdish friend (as usual treat all as rumor and do your own sound diligence). There's really no way to sugar coat ACTUAL REALITY of what's going on in Iraq: The US deployment of 1500 new "Advisers" is NOT because things are going so well. The achilles heel for Abadi remains the dysfunctional Iraqi Army. Continuous articles of 'we will do this and that" are all "HOPE" articles to voicing to their citizens and the world that eventually they will unify and govern as a stable country. Sprinkled in between these articles are doses of reality : 1) It may take even up to 5 years for them to get things under control and execute economic & social programs. 2) The LOP has been CLEARLY addressed within their intentions (in due time).
What people don't get (or care to get) is that all countries who have had similar situations (lots of zeros of their currency) have ALWAYS done LOP's. THERE IS NOT A SINGLE CASE IN HISTORY THAT IT DIDN'T HAPPEN AND IRAQ WILL BE NO EXCEPTION. 3) The original program rate of over 3000-1 has been modified ( over a decade now) relative to the strength of it's economy and according to my economist friend, the 1166 is in direct proportion to it's economic strength AT THIS TIME. He points out that MANY other countries have rates in much less proportions to the US dollar and he further states that (at this time) many of them are enjoying both better stability as well as better economic strength than Iraq. Pull up a chair...it will be still be a long wait.
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Kaperoni:
Article:
"Deputies: resolving the label presidencies of parliamentary committees in two days"
Quote:
"Congress expressed optimism decisively Parliament and political blocs naming heads of standing committees during the next two days. While stressing the importance of resolving this file as soon as possible in order to approve the delayed laws..."
This is big news.
Obviously this has slowed down the process of passing the delayed economic/banking laws.
Lets hope they get this done this week so they can focus on the laws!
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
---
Millionday:
THIS PAST SUNDAY THEY STARTED WORKING ON THE ISX -- THERE IS NO WAY TO TELL HOW SUCCESSFUL THE ISX IS AT THIS POINT UNTIL INVESTORS AND THE WORLD TAKES PART.
THEY ARE WORKING ON THE X-STREAM AND ALL OF ITS UPGRADES ETC -- GREAT NEWS - THEY TOO ARE IN THE MIDDLE OF WORKING ON THE ESX TO START TRADING...BY THE END OF 2014.
THEY DID NOT HIT AUGUST BECAUSE THEY DID NOT HAVE ENOUGH COMPANIES IN THE ESX.
THEY HAVE BEEN WORKING TOWARD INTERTWINING TO HELP BOTH MARKETS AND MAKE MORE OF AN IMPACT.
[...do we seem to get the same news over and over again just rewording it in a different way? Ex. They said the ISX a week ago was ready.]
NO...THIS IS NEW THAT THEY ARE WORKING TO GO GLOBAL.
»»»»»»»»»»»»»»»»»
WE ARE SENDING TRAINERS TO IRAQ AND MORE MILITARY HELP -- THE NUMBERS WILL DOUBLE AND THE TOTAL IS 1500--1800.
[havn't heard much about how we are doing against ISIS, whats the real story , are we making progress against them?]
YES WE HAVE SOME REPORTS -- AND ACTUALLY THE IRAQIS ARE DOING GREAT AND ARE CLEARING TOWNS ON THE GROUND AS WELL...MAKING HUGE SUCCESS.
»»»»»»»»»»»»»»»»»
...KUWAIT HAS OIL AS 94% OF THEIR REVENUES AND ALSO HAVE COMPLETED THEIR BUDGET WITH 75$ PER BARREL AND ARE ABLE TO CARRY A WORLD RATE THAT IS NOT BAD -- JUST A NOTE.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
tman23:
[It would be so helpful if they just let us know the timeline, with finished date included.]
WE have the date...those zeros will NOT be there starting 2015...I am absolutely positive!
...we are in the MOMENT... and can see a change at anytime, but IMO as nobody likes backwalls...The start of 2015 is the backwall.
It's right in front of everyone...MONETARY CHANGE!
How they execute it is unknown...how the 3 zero notes we hold are to be valued is unknown...I do not feel I am going out on a weak limb stating that the reform change will be with the opening of 2015.
I don't know what the value of a 25,000 k note will be at the start of the reform...I could give a couple scenarios that are logical that nobody would like...I could give the $3.58 number that is not so logical but everyone loves...OR I could just say as I simply have...I DONT KNOW...But I do strongly believe 100% that by or the start of 2015 the zeros will be dealt with in some fashion of a monetary reform inside Iraq.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
TD:
Here's a few comments to share from my chats with my Kurdish friend (as usual treat all as rumor and do your own sound diligence). There's really no way to sugar coat ACTUAL REALITY of what's going on in Iraq: The US deployment of 1500 new "Advisers" is NOT because things are going so well. The achilles heel for Abadi remains the dysfunctional Iraqi Army. Continuous articles of 'we will do this and that" are all "HOPE" articles to voicing to their citizens and the world that eventually they will unify and govern as a stable country. Sprinkled in between these articles are doses of reality : 1) It may take even up to 5 years for them to get things under control and execute economic & social programs. 2) The LOP has been CLEARLY addressed within their intentions (in due time).
What people don't get (or care to get) is that all countries who have had similar situations (lots of zeros of their currency) have ALWAYS done LOP's. THERE IS NOT A SINGLE CASE IN HISTORY THAT IT DIDN'T HAPPEN AND IRAQ WILL BE NO EXCEPTION. 3) The original program rate of over 3000-1 has been modified ( over a decade now) relative to the strength of it's economy and according to my economist friend, the 1166 is in direct proportion to it's economic strength AT THIS TIME. He points out that MANY other countries have rates in much less proportions to the US dollar and he further states that (at this time) many of them are enjoying both better stability as well as better economic strength than Iraq. Pull up a chair...it will be still be a long wait.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Kaperoni:
Article:
"Deputies: resolving the label presidencies of parliamentary committees in two days"
Quote:
"Congress expressed optimism decisively Parliament and political blocs naming heads of standing committees during the next two days. While stressing the importance of resolving this file as soon as possible in order to approve the delayed laws..."
This is big news.
Obviously this has slowed down the process of passing the delayed economic/banking laws.
Lets hope they get this done this week so they can focus on the laws!
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