News, Intel, Rumors and Opinions - October 10, 2014
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
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Millionday:
PARLIAMENT WILL VOTE THROUGH THE BUDGET ON THE 14TH OF OCTOBER...THE OIL FIGURES HAD TO BE ADDRESSED AND... THEY HAD TO HAVE AMENDMENTS DONE FOR THE BUDGET COMPLETION AND THE GOAL IS TO HAVE THIS DONE BY THE 14TH OF THIS MONTH.
ABADI WILL NAME THE MINISTERS ON THE 14TH OF OCTOBER...WE ARE SEEING THEM AT AN OBVIOUS RUSH TO HIT THAT DEADLINE SO THAT IS VERY EXCITING. IT DOES SEEM THAT THEY ARE TRYING TO HAVE IT ALL DONE BY THE 15TH OF OCTOBER SO WE WILL HAVE TO WATCH IT ALL AS IT UNFOLDS.
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Poppy3:
I HAVE THOUGHT ALL ALONG THAT STATEMENTS THEY AND THE IMF PREVIOUSLY WOULD BE ADHERED TOO BUT IT SEEMS NOW FROM PEOPLE THERE THAT THEY MAY BE IN A POSITION THEY CAN'T COME OUT AS HIGH AS PLANNED BUT I STILL THINK THEY HAVE TO BE HIGH ENOUGH TO RID THE STREETS OF USD. TIME WILL TELL THE FACTS .
[it looks to me like Iraq's only choice is to RV asap to get out of this financial situation, even if the rate is just 1:1. If they don't rv soon, the hole will only get deeper.]
YES THATS WHAT has changed MY MIND A LOT BECAUSE THERE SITUATION FINANCIALLY HAS CHANGED. IT STILL CAN BE HIGHER THAN THE 1 TO 1 BUT AT THIS POINT WE JUST HAVE TO WAIT FOR SOME OFFICIAL WORDS FROM A CBI OFFICIAL...
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Adam Montana:
[I feel that in order to see the RV Iraq needs to pass and implement the 2014 budget and at the same time implement the HCL law. Do you concur...?]
Yes.
[Let's pretend for a minute everything (as we see it) is done in regards to Iraq hitting the "RV Green Light". HCL, budget, fully seated government etc...all done. Based on your knowledge , what are the odds Iraq doesn't RV and continues to manage their economy thru money auctions or whatever means available?]
You asked for odds - 1000:1 or better that they absolutely definitely 100% increase the value once that "RV Green Light" is lit.
When these things happen, the rate WILL go up, and I'm personally willing to stake any amount of $$$$$$ on it.
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[I know you've always said that the HCL had to be settled before the RV...and that made sense. Don't you think it also makes sense that in order to RV, we have to first take care of ISSIS and secure the country? The media is saying this conflict could take years. What say you on this matter?]
ISIS definitely needs to be controlled...we are fortunate that ISIS is a weak organization, and the limp measures being taken against them at this time might actually be sufficient to contain them. Unfortunately, we've not seen the "last" of ISIS by any means... but I am pretty sure that the current actions will be enough to give Iraq room to breathe and shift their attention back to HCL and a shift in the exchange rate.
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Chattels:
no report as yet from the CBI so it would appear that the CBI is tracking the government holiday through today.
[what does that mean? ---> CBI is tracking the government?]
the CBI holiday should have been only four days, this is day five and the government holiday was through today.
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Article quote:
"there are efforts by large members of the House of Representatives to pass important laws after the holiday, but at the same time there are political differences hinder the adoption of these laws, despite the efforts exerted by the number of members of parliament"
What laws unpassed are they speaking of ?
Quote:
"at the House of Representatives nearly 200 law is disabled and the toughest of those laws is to amend the Constitution, the steeper the Social Security Act and passing the budget and the law of the Federation Council and the law of parties, oil and gas,"
and the budget from 2014.
please do not believe that there is a "basket" of all these laws that is magically to appear and be passed...that is NOT the political reality in Iraq.
[were supposed to vote on all this yesterday?]
the only vote(s) that count, IMO, are in Parliament, and Parliament is not meeting until the 14th.
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...i question the likelihood of a substantial increase in the value of the dinar while 25 % of a country is occupied by a hostile force.
let me be clear about the date and rate, i do not know, nor does anyone else.
what i am weary of is the constancy of the " good news " when it is not all good news.
the constancy of tomorrow this/that will happen.
NOBODY knows!
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tlm724:
Article:
"Deputy for National: agreement on parliamentary approval of important laws and naming security minister"
there was agreement on parliamentary approval of important laws, which meets the aspirations of the people, and ensuring the security minister named soon *hallelujah*.
"among these important laws of the Federal Court that he had read the first reading, and the law of parties, and oil and gas law"
yep top priority.
"Congress confirms the existence of an agreement within the corridors of Parliament on the importance of approving and pass laws, especially those that read the first reading."
now we're talking.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
---
Millionday:
PARLIAMENT WILL VOTE THROUGH THE BUDGET ON THE 14TH OF OCTOBER...THE OIL FIGURES HAD TO BE ADDRESSED AND... THEY HAD TO HAVE AMENDMENTS DONE FOR THE BUDGET COMPLETION AND THE GOAL IS TO HAVE THIS DONE BY THE 14TH OF THIS MONTH.
ABADI WILL NAME THE MINISTERS ON THE 14TH OF OCTOBER...WE ARE SEEING THEM AT AN OBVIOUS RUSH TO HIT THAT DEADLINE SO THAT IS VERY EXCITING. IT DOES SEEM THAT THEY ARE TRYING TO HAVE IT ALL DONE BY THE 15TH OF OCTOBER SO WE WILL HAVE TO WATCH IT ALL AS IT UNFOLDS.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Poppy3:
I HAVE THOUGHT ALL ALONG THAT STATEMENTS THEY AND THE IMF PREVIOUSLY WOULD BE ADHERED TOO BUT IT SEEMS NOW FROM PEOPLE THERE THAT THEY MAY BE IN A POSITION THEY CAN'T COME OUT AS HIGH AS PLANNED BUT I STILL THINK THEY HAVE TO BE HIGH ENOUGH TO RID THE STREETS OF USD. TIME WILL TELL THE FACTS .
[it looks to me like Iraq's only choice is to RV asap to get out of this financial situation, even if the rate is just 1:1. If they don't rv soon, the hole will only get deeper.]
YES THATS WHAT has changed MY MIND A LOT BECAUSE THERE SITUATION FINANCIALLY HAS CHANGED. IT STILL CAN BE HIGHER THAN THE 1 TO 1 BUT AT THIS POINT WE JUST HAVE TO WAIT FOR SOME OFFICIAL WORDS FROM A CBI OFFICIAL...
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Adam Montana:
[I feel that in order to see the RV Iraq needs to pass and implement the 2014 budget and at the same time implement the HCL law. Do you concur...?]
Yes.
[Let's pretend for a minute everything (as we see it) is done in regards to Iraq hitting the "RV Green Light". HCL, budget, fully seated government etc...all done. Based on your knowledge , what are the odds Iraq doesn't RV and continues to manage their economy thru money auctions or whatever means available?]
You asked for odds - 1000:1 or better that they absolutely definitely 100% increase the value once that "RV Green Light" is lit.
When these things happen, the rate WILL go up, and I'm personally willing to stake any amount of $$$$$$ on it.
»»»»»»»»»»»»»»»»»
[I know you've always said that the HCL had to be settled before the RV...and that made sense. Don't you think it also makes sense that in order to RV, we have to first take care of ISSIS and secure the country? The media is saying this conflict could take years. What say you on this matter?]
ISIS definitely needs to be controlled...we are fortunate that ISIS is a weak organization, and the limp measures being taken against them at this time might actually be sufficient to contain them. Unfortunately, we've not seen the "last" of ISIS by any means... but I am pretty sure that the current actions will be enough to give Iraq room to breathe and shift their attention back to HCL and a shift in the exchange rate.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Chattels:
no report as yet from the CBI so it would appear that the CBI is tracking the government holiday through today.
[what does that mean? ---> CBI is tracking the government?]
the CBI holiday should have been only four days, this is day five and the government holiday was through today.
»»»»»»»»»»»»»»»»»
Article quote:
"there are efforts by large members of the House of Representatives to pass important laws after the holiday, but at the same time there are political differences hinder the adoption of these laws, despite the efforts exerted by the number of members of parliament"
What laws unpassed are they speaking of ?
Quote:
"at the House of Representatives nearly 200 law is disabled and the toughest of those laws is to amend the Constitution, the steeper the Social Security Act and passing the budget and the law of the Federation Council and the law of parties, oil and gas,"
and the budget from 2014.
please do not believe that there is a "basket" of all these laws that is magically to appear and be passed...that is NOT the political reality in Iraq.
[were supposed to vote on all this yesterday?]
the only vote(s) that count, IMO, are in Parliament, and Parliament is not meeting until the 14th.
»»»»»»»»»»»»»»»»»
...i question the likelihood of a substantial increase in the value of the dinar while 25 % of a country is occupied by a hostile force.
let me be clear about the date and rate, i do not know, nor does anyone else.
what i am weary of is the constancy of the " good news " when it is not all good news.
the constancy of tomorrow this/that will happen.
NOBODY knows!
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
tlm724:
Article:
"Deputy for National: agreement on parliamentary approval of important laws and naming security minister"
there was agreement on parliamentary approval of important laws, which meets the aspirations of the people, and ensuring the security minister named soon *hallelujah*.
"among these important laws of the Federal Court that he had read the first reading, and the law of parties, and oil and gas law"
yep top priority.
"Congress confirms the existence of an agreement within the corridors of Parliament on the importance of approving and pass laws, especially those that read the first reading."
now we're talking.
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