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SteveI – [You have been confident before & the RV did not happen.  Is there anything different this time around?]  Yes, that is very true, ISIS was not part of the plan which sure caused many problems for not only Iraq, but other countries as well. I personally think this was a huge set back for Iraq, but they will get control and push forward and be the powerful country that their assets can back up.
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Basra ports revenue decline and the closure of Shalamcheh port after the application [of tariffs]

…Lipodeca added that “the Safwan border port revenue was on the last day of the month of July is one billion and 52 million dinars,” noting that “income now is 43 million dinars in four days.”… (OUCH!!)

Read More: http://www.dinarupdates.com/showthread.php?16841-Basra-ports-revenue-decline-and-the-closure-of-Shalamcheh-port-after-the-application&p=125958&viewfull=1#post125958
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Frank26 – [Once upon a time many years ago…a man named XXX said the layaways would have to end…right before… IMO…]   OK…Here it is:  iMO … Powers do not want Layaways sold any longer. You know why? Cause they are GUARANTEED over a 30 to 60 day period.  if…If…IF… The RI/RV is near…This has to stop…This is a Fact of DRS  [Dr. Shabibi] MR [Monetary Reform]  of his CBI’s Dinar.
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Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” with Millionday – Wednesday nite on CHAT at 7:30pm EST!!

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Kaperoni – “The central bank plans to put up for the benefit of financial bonds worth two billion dollars”   As far as I know, these are domestic in country bonds being sold.  International or bonds sold to the world market is scheduled for the end of this year..not at this time.  There is a good chance if the GOI funds the budget (increase in oil prices, or other sources) they will not even issue the international bond sale.  It is a last resort IMO to make meet the deficit.
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Enorrste – Quote:  “The Federal Reserve’s primary method of reducing the money supply is to sell Treasury securities; more simply put, they sell government bonds. This is often referred to as contractionary monetary policy. By selling bonds to the public (including commericial banks, financial institutions, and the average citizen/investor) the Federal Reserve sells a bond and takes cash out of circulation.”  First, selling bonds reduces the money supply rather than increasing it.  This is basic economic monetary policy.  Second, it seems clear…that the CBI will remove the dinars that they receive from circulation, thereby putting upward pressure on the value of the dinar. The important thing here is that the bonds are being issued in order to reduce the money supply while at the same time making it possible for infrastructure loans to be made by the holder of the bonds.
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SteveI – [Do  you still thinking the rate will be 3+ range?]  Yes, I believe based on the region they are in and oil sharing with Kuwait, anything less would not work.
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Join us for Round Table Chat w/Millionday @ 1:00PM EST – today in the DU Chat Room!!

Read More: http://www.dinarupdates.com/
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SteveI – [What do you think about all of these dinar sites situations?  Could this be a hint?]  I think it means we are at the end of this ride. I suspected this was going to happen when it got close. We were told to look for this last year by many contacts.  
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Chattels – Maliki’s fate may lie with the Shia internal battle ( National Alliance ) to choose their next leader.  My sense is that Maliki cannot survive in the margins of political power. He has too many enemies, so if he is not chosen as the leader of the National Alliance then he likely is indeed on the way out and out of the country to Iran.
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Millionday News Time – 8-04-15 Part 2 of 2

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: It confirmed the Customs Authority, on Monday, to start applying the tariff law on goods entering Iraq, indicating that it agreed with the Kurdistan region on the application of the law and the unification of Alkmarki work,

while economic Parliamentary Committee promised that the law is an important step to re-strengthen the joints of the state and the protection of national product, economic adviser counting the prime minister, that the lack of a border applied to any port in violation of the national sovereignty of customs.

Millionday: NOTE — THE LACK OF CUSTOMS WILL BE A VIOLATION — SO LAW
~~~
Read More: http://www.dinarupdates.com/showthread.php?16801-Millionday-News-8-4-15
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OOTW – TODAY WE SAW A GREAT PRESS RELEASE FROM KEYWORDS – AN ACTION PLAN FOR ASSIGNING VALUE TO THE IQD!   Article  “Financial crisis: devaluation of the Iraqi dinar is it the solution?”  WHEN THEY SAY “DEVALUATION” THEY MEAN LOWERING THE FIGURE IE AMOUNT OF THE FILS -MOVING CLOSER TO THE VALUE OF A DOLLAR…IN EFFECT “LOWERING” THE NUMBER, IE, MAKING IT “DEVALUED”  BUT IN EFFECT, INCREASING THE VALUE AS THE NUMBER AMOUNT/FILS OF THE DINAR ARE REDUCED.

More “guru gyration” – That is not what he said – Alak (mistranslated – “Keywords”) MAY BE IN FAVOR of a devaluation… However, he is on the wrong side of the argument (as always).

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BGG – [If they can only muster 200-228 to vote on insignificant laws…how could they ever get a super majority for the important ones?]  they have called for international mediation (just over the weekend) on such issues. Could be the world powers will help “persuade” the Shia “leadership” to act right.   they are aware of their short comings and have asked for intervention… all in ink...  [also the world bank is watching!]  with a MASSIVE hammer in their hand. [does the 60 day deadline have ANYTHING to do with an International rate?]  IMHO it has EVERYTHING to do with a rate – the WB/IMF has (essentially) told them to get their AML policies in order or they will WOP them back to the stone ages (in currency value). aka – BLACKLISTED…that does not appear to be a hollow threat… and it would seem directed at Maliki and his cronies.
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Millionday News Time – 8-04-15 Part 1 of 2

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: WELCOME EVERYONE TO NEWSTIME

Millionday: Urged interested in economic affairs on the need to involve the Iraqi private sector in the field of investments, especially in service projects, infrastructure and housing projects, to keep the money in the economic cycle to Bld.alaguetsada Adel Abou loaf told »Sabah»: that «under the current circumstances,

the national economy does not have the ability to afford housing projects and projects services and infrastructure cost, so the attraction of investments in this area need and an urgent need for the country to this type of project in light of the expansion and increasing population density ».

Millionday: NOTE — NOT ONLY DO THEY NEED INTERNATIONAL INVESTMENT BUT ALSO NEED THE DOMESTIC COMPANIES INCLUDED
~~~

Read More: http://www.dinarupdates.com/showthread.php?16801-Millionday-News-8-4-15
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Stryker – “Large Reserves Will Raise IQD Exchange Rate”  …the $10 billion that was spent out of the reserves from 2014-2015 was not a waste and a good thing for the Iraqi Dinar and it’s upcoming raise in value, according to…economist!
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Delta – The only thing left is the currency reform. They must lift the 3 zeros and move forward. In my opinion…you will never see an international bond without the currency reform. We will not see an international rate without currency reform. The IMF told Iraq a long time ago…they stated specifically…they will help Iraq if they implement the tariffs and lifting the value of their currency. The tariff…they are implemented. For the IMF to give the emergency loans…they know what’s going on.   The reason why I’m excited…it’s impossible to increase things with 20% taxes without increasing power of purchase.   If Iraq came out at .85 or 1 to 1…that is not the true value. The true value is over 3.   I’m very, very excited!   I’m very anxious to see what happens this September.  [post 2 of 2]
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BGG – [do you expect a huge announcement when the RV happens?]  Yes, it will be visible, immediately “around the world” and no “trickle down”…you will know when it happens.
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Due to severe technical difficulties – the call for today is postponed…

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Delta – I do have the confirmation…one bond does exist…a domestic bond.   For every dollar that you are going to buy…the price is 1095 dinar on those bonds…you may not see that in the news because that happens internally within the banks.  From August 2 until 31st the CBI is doing this to raise some liquidity and capital for the financial ministry in Iraq. Those bonds mature in 1 year. In one year…financial ministry has to pay you the money plus about 6% interest. I think it’s disappointing that the CBI is doing this to the citizens because we all know what’s going to happen.  Say 2 or 3 months the value increases…imagine how upset they will be?  In my opinion…we may not see any changes in the month of August because of those bonds. I don’t think the CBI would pull the trigger while selling those bonds. In my opinion – nothing will happen in August.  If the CBI sells the bonds fast…they could increase the value.   [post 1 of 2….stay tuned]
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Frank26 – Maybe by the 18th…highly possible…we may have a better chance of seeing the bonds come out for the citizens of Iraq.  The anti-money laundering law is in place as of right now!  It was put in place today at the borders. They didn’t even want the bonds sold until this anti-money laundering law was done.  Jubouri threatened that if they (GOI) didn’t get this done, he would expose what parliament was doing to the citizens. The concerns for Abadi when he took over as the new Prime Minster were serious. He told the people to give him 1 year and he would clean up all of the Maliki mess. Well guess what? Security comes in many forms.  Abadi and Dr. Shabibi are one…united  in getting rid of Maliki and his base. We believe now that the anti-money laundering law is in place … they can now deal with them from causing any problems. The reinstatement is something we want to see.  At some point they can jump into the RV during the International phase. This has to work perfect.   [post 2 of 2]
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Frank26 – [via FrostytheSnowman] …the LAWS are very important for the security for Iraq.  They satisfy the borders (taxes / tariffs) those protect the currency and the revenue stream for Dr. Shabibi.  …the TARIFFS are in place TODAY [Monday].  The TAXES and TARIFFS are applied through the borders but they don’t apply to FOOD – because they need to take care of the citizens.  If you want to bring a product into Iraq it’s going to cost the companies a lot of money. Those companies are pouring in because they want to be a part of the monetary reform. The only security we’re interested in is the movement of the monetary reform.  The international world knows it’s coming with the taxes and tariff’s kicking in.   [post 1 of 2….stay tuned]
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“Straight Talk Radio” Call!!

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8/04 (postponed)

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from 7/29 – Smart phone user link – Click here

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BGG – [can the GOI RV without the CBI?]  No – they cannot. However…the GOI (various committees) want this (added value) as much as anyone… it is conceivable the GOI did this knowingly to put more pressure on the CBI to act accordingly…what I’m saying is: the GOI may be allowing the tariffs and taxes to go ahead in spite of the CBI holding things off – I hope it doesn’t backfire on them (if that is the case)…  [post 2 of 2]
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tman23 – I will say this… If the IQD was going to be a neutral event with no real gains… they wouldn’t care about your getting the novelty currency in 2 days or 120 days…
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BGG – [did the bonds come out for purchase in Iraq?]  internal bonds…yes.  [has anyone heard if the tariffs actually started being implemented at Iraqi borders over the weekend?]   there has been print on both sides of this – I suspect they have… however,  I saw pics over the weekend of import vehicles waiting at “ports” to bring goods in… I have a funny feeling they are half afraid to bring the goods in at the new prices.  tariffs without value is SIGNIFICANT PRESSURE. This is real…   [post 1 of 2….stay tuned]
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Commercial Solicitation

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My Ladies – THE CBI DID NOT SELL THE BONDS TODAY NEAR AS I CAN TELL, I CALLED ALL THE WAY UP THE FINANCIAL CHAIN AND WE CAN NOT SEE THEM.  NOVA CALLED UP HIS CHAIN AND THE SAME THING. I DID HOWEVER FIND SEVERAL OTHER BONDS FROM THE REGION FOR SALE. SO WE WAIT, BUT NOT MUCH LONGER I DON’T THINK.
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BGG – [did the bonds come out for purchase in Iraq?]  internal bonds…yes.  [has anyone heard if the tariffs actually started being implemented at Iraqi borders over the weekend?]   there has been print on both sides of this – I suspect they have… however,  I saw pics over the weekend of import vehicles waiting at “ports” to bring goods in… I have a funny feeling they are half afraid to bring the goods in at the new prices.  tariffs without value is SIGNIFICANT PRESSURE. This is real…   [post 1 of 2….stay tuned]
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My Ladies – Article:  “Iran plans to offer more generous terms to oil investors”   WELL HERE WE SEE IRAN COMING IN STRONG AND WITH SOLID CONTRACTS THAT ARE MORE APPEALING THAN ANY OTHER IN THE REGION,  SO I REPEAT WE SHOULD SEE SOME REACTION FROM IRAQ SOONER THAN LATER OR THEY WILL TURN INTO THE BIGGEST FAILED PROJECT THE USA HAS EVER TAKEN ON. I’M NOT EXPECTING THAT WILL HAPPEN.   …DEALS WITH IRAN ARE LOOKING BETTER FROM THE JUMP THAN THE CONTRACTS IRAQ HAS AND COUPLE THAT WITH NO PAYMENT ON THEIR CONTRACTS AND IT COULD GET SCARY FOR IRAQ REAL FAST.  THE DINAR NEEDS TO BE CONVERTIBLE AND REFLECT VALUE IN ORDER FOR ALL THIS BACK MONEY TO BE PAID.   SO WE CONTINUE TO WATCH IF ONLY FOR A LITTLE LONGER.
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Iraqi Dinar/Dollar auction 08-04-15

Currency Auctions Announcement No. (3006 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 08-04-2015

The results were as follows:

More: http://dinarupdates.com/blog/
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Memphis – [ARE THE TARIFFS AND TAXES BEING IMPLEMENTED A SIGNIFICANT STEP IN THE MONETARY REFORM? WHY OR WHY NOT?] There are many markers that will point to the end stages of Iraq’s monetary reform and among them is implementation of the tariff on all goods.  I have been watching the latest push as it APPEARS they are serious this time.  Now as to why?  The WTO has placed it as a requirement to membership and along side this the WTO has also mentioned their interest in seeing the dinar valued more on par with the USD.  So I have always viewed it significant as a marker that the end is near. 
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tlm724 – Article quote:  “The law of customs tariff applied in three phases, the first was on the specific types of goods, and the second more goods,” noting that “the application of the third phase began first on Saturday, (the first of August the current 2015), on all goods entering Iraq”  1,2,3 it’s a done deal!   Quote: “the General Administration of Customs created the supplies necessary for the application of the law at border posts,” pointing out that “the law will allow Iraq to join the WTO membership global”  now we’re rockin!
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BGG – [by tariffs going today is that the proof we needed?]  not entirely…they may be able to absorb these “internally” for a while… but sooner or later “market forces” take over.  [If a tariff is place on something coming into country, isn’t that International?]  It is possible to implement tariffs without an RV – but it puts a lot of pressure on the CBI – it is not impossible to think this is what they intend.  If the CBI won’t do this – the GOI moves forward without their approval.
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Abadi: the Maliki government “spent” all Iraqi cash reserves!

http://www.dinarupdates.com/showthread.php?16642-Abadi-the-Maliki-government-quot-spent-quot-all-Iraqi-cash-reserves!&p=125683&viewfull=1#post125683 …

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Mnt Goat – I know the plan as it was detailed to me many months ago.  All these aspects are interrelated and interconnected such as the needed reconciliation (or Erbil), security, banking and relations with neighboring countries. But our attention now should be on Abadi and the Reconciliation effort and its completion since we see these other areas there are no issues and are under control. Did the Customs and Tariff law get enacted?  YES…It positively did get enacted and is now in full force.  I am hearing the rollout of these new taxes is slow and so far the impact is MINIMAL thus the pressure to RV is minimal impact also, but only for now.  [post 2 of 2]
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tman23 – Its not all that easy… When and IF the huge exchange for IQD takes place, the exchange and purchase will require newly created money… which will require a “plan to sterilize” the over supply of domestic money… When you get to the “meat” of what is described as an elusive RV… it’s not elusive… it is not just as easy as flipping a switch… There are so many damaging domino effects in different economies who would pay for the large exchange of the IQD… The control measures have to be absolute… So then we have to believe that it takes more than a few people to prepare for such an event which contradicts that only a few people know… If you attempt to figure out the specifics… it’s way above our pay grade and IQ… and that is not meant to be disrespectful.  All we can do is wait and see how they make the change and how it affects our IQD holdings… They are in the process…
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Millionday – “National Expert Group announced to promote the private sector…including soft loans worth six trillion Iraqi dinars, confirmed that the government had promised to implement the program within a week or two weeks.”  THEY SEEM TO BE CONFIDENT THAT THEY WILL BE IN A POSITION TO ACTIVATE THE PRIVATE SECTOR …THIS IS HUGE…GREAT NEWS.  [They must feel they are going to get the Money Laundering taking care of that the world bank wants to get these loans, within the next few weeks then.]  THE CABINET HAS PASSED ALL MONEY LAUNDERING AND TERRORISM FUNDING LAWS…SO IT WOULD SEEM THEY ARE CONFIDENT.
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Round Table Chat w/BGG filling in (mid-day) 7-27-15

Thanks to DinarRecaps.com for posting Round Table with BGG filling in for MD!!

BGG: Let’s do a Round Table where we “bat some ideas around”… w/ LIVE Q & A??

semperfidude: Any news with Dinar Corp

BGG semperfidude: The latest development is they have an 8/10 hearing scheduled… which appears very, very quick.

BGG semperfidude: this is “reportedly”…

semperfidude: Licensing problems ?

BGG semperfidude: not sure of the full scope – but it would appear the “reserves” are an issue.

DiagyAAAE: IYO does the 60 day deadline have ANYTHING to do with an International rate?

BGG DiagyAAAE: IMHO it has EVERYTHING to do with a rate – the WB/IMF has (essentially) told them to get their AML policies in order or they will WOP them back to the stone ages (in currency value). aka – BLACKLISTED…

BGG DiagyAAAE: that does not appear to be a hollow threat… and it would seem directed at Maliki and his cronies.

DiagyAAAE: I totally agree!!!!

DiagyAAAE: Al-Maliki accused of wasting a trillion dollars

Baghdad, Iraq Press -3 August / August 2015

JUST A NEWS BOMB we can talk about

BGG DiagyAAAE: of note as well – Abadi appears to have a “new program” for the Integrity Commission – which is to ask “where did you get that?? Meaning they intend to as a lot of questions.

BGG DiagyAAAE: further – my concerns about Maliki and Abadi looking like they are getting along seem to be a “false alarm” – lots of news out today condemning Maliki of financial misdeeds in Iraq right now…

Read More: http://www.dinarupdates.com/showthread.php?16660-Bgg-q-amp-a-8-3-15

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Mnt Goat – They are down to the end of their timeframe to complete these reconciliation reforms I have referenced so many times already. This effort could not go on forever and this end had to come someday.  The WTO wants them as members and they are slotted to ascend to full member pending currency reform and tariff implantation. Remember it is always all about the $$$$. Having tariffs means a % goes to the WTO automatically through the software payment system. This could mean billions annually for the WTO. Having an international currency means ease of trade and payments, but it also mean having the rate set in the exchanges where they need to reference it for conversion in the software system… It is all interconnected.  [post 1 of 2….stay tuned]
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tman23 – Here is what I was told regarding Iraq domestic Bonds… The CBI purchased government bonds earlier which was to bridge a gap of liquidity to government owned banks. When the CBI purchases government bonds it creates new money which increases the domestic money supply. The offering of domestic bonds is used as a control to decrease the domestic money supply, these are control measures used by Central Banks. The international offering makes sense to come after the domestic and is not a secret plan, it is the financial tools and strategies applied by Central Banks around the world. These moves made by the central bank are known as “sterilization”… The bond sales are not to “raise money”… it is a control mechanism… Iraq is getting a handle on their currency inside and outside of Iraq…
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Poppy3   …EARLIEST WE WILL SEE CHANGE IS MONDAY AND ANYTIME, ANY DAY THERE AFTER. 

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Dinar Updates ‏@DinarUpdates  17m17 minutes ago

Jubouri calls the government to speed up the transfer of powers to the provinces

http://www.dinarupdates.com/showthread.php?16528-Jubouri-calls-gov-t-to-speed-up-transfer-of-powers-8-ministries-to-provinces-8-2&p=125523&viewfull=1#post125523 …

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My Ladies – ON THE BOND ISSUE, LET’S JUST WATCH WHAT TOMORROW BRINGS WHEN THE ENTIRE GLOBE IS AWAKE.  RIGHT NOW THE CBI AND OTHER OFFICES IN IRAQ ARE STILL CLOSED WITH 118 DEGREE TEMPS AND LIMITED ELECTRICITY.  I HAVE EVERY CONFIDENCE THIS IS THE BEGINNING OF THE BEGINNING. WE NEED TO SEE HOW THEY ARE SELLING THEM AND I’LL HAVE A BETTER PICTURE TOMORROW WHEN THE MARKETS ARE OPEN.  WE HAVE 8-10 YEARS IN THIS ANOTHER FEW DAYS WAITING SHOULD BE A SNAP.  …WE ARE ALMOST THERE AND NOT BECAUSE SOME IRAQI PAPER TOLD US SO.  IT IS BECAUSE THE NEW BANKING SYSTEM TOLD US SO. THE TRIGGER HAS ALREADY BEEN PULLED THE NEW SYSTEM IS IN. THERE IS NO STOPPING IT NOW.
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Breitling – …Let’s break this down…They’re issuing bonds because the economy is at a certain level.  They are also reducing the note count like crazy.  They are also going to issue the bonds in US dollars.  They pull those US dollars off the market and get them in the reserve and they are still lowing the competition between the two currencies in the country.  I can’t see anything negative in there.  I can’t see a trend in Iraq where they are spending less.  Right now the economy of Iraq is based on people eating and the daily functions.  There’s really not much outside of that right now.  So that’s not going to stop…that’s the foundation.  The biggest fear is them not moving and we’re way past that.  [Post 2 of 2]

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wmawhite – What is driving this is very difficult for even an economic major to understand. This is not a single faceted event. There are many layer to it.  For the first time in 30 years, today the IQD is listed on the bond market screens in many places around the world… we have so many reason to be happy with what is happening.  …it is happening in front of us…we just need to be able to recognized the numerous indicators there are evidence of this event.

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Millionday News Time – 8-03-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: It is under the patronage of the Prime Minister Haider al-Abadi, on Thursday, the launch of the national campaign to simplify government procedures.

Said campaign coordinator Ahmed Hamdan, in a statement to / scales News /: “The campaign is under the patronage of the Prime Minister Haider al-Abadi under the slogan” Your government serving you “kicks off Thursday in Baghdad at the level of political and diplomatic presence.”

Millionday: NOTE — THIS WOULD BE THIS WEEK
~~~

Read More: http://www.dinarupdates.com/showthread.php?16499-Millionday-News-Time-8-1-15
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Breitling – …to issue bonds…they have to have a certain amount of confidence in their economy…there is sentergy here.  They are raising money from those bonds to get the economy running even more.   Bonds are an indicator that they are at a certain level with their economy…this is with ISIS and the insurgency and the competition between the Shia and Sunni…the numbers are fantastic for Iraq.  I don’t go on feelings I go by the numbers.  the numbers say plus and the trend is that it will keep going up.  [Post 1 of 2 stay tuned to the rest of the story]
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sczin11 – I AM VERY CONFIDENT THERE MUST BE A RATE CHANGE IN A FAIRLY SHORT ORDER, ASSUMING CUSTOMS AND TARIFFS REMAIN IN EFFECT…

Really?!? Yet another BOLD PREDICTION!!

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Mnt Goat – So today is the beginning of the last stage of this timeframe for Abadi to get these reforms completed.  Iraq is now in the final countdown. If they can be successful in this effort we have an excellent window to see this currency reform by mid August through mid September. I am not predicting an RV but just telling you what is in the plan and the deadline I am aware of.  They are down to the wire.  I believe we could never ever be so close to having this currency reform completed.   [post 2 of 2]
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Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

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wmawhite – Folks,……..if I were to come in here and start conducting myself like Tony…calling it every day, I am sure you would you would call it into question as to why I would do so. If I came in here and without any factual information said $3.60 by January 2016, would you not challenge me to support my position? Likewise, if I came in here and said $3.60 by 2017, would you not ask for some factual information to back up my opinion? Would you not ask for more than just IMO……..not theory…but good solid information? Well then, what is different if some guy comes in here and says 10 cents or 17 cents by 2017? Where is the factual information? Where is the historical information? Even if it is your opinion, give us data to back it up. Just throwing out 10 cents is just as bad as throwing out $5 or $10 rates. In closing, there is factual information we have that we can form our opinions with – then there are opinions we all have that don’t amount to anything.
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Mnt Goat – …about 9 months ago…I began to tell you about the need to implement the 27 reforms and that these reforms were nothing more than the Erbil Agreement of 2009-2010 re-packaged into the Reconciliation or Unity Reform effort. Well I was partially wrong – it’s now actually 30 reforms in total. I also said that in mid August mid 2014 timeframe the parties involved gave the Abadi government 1 year to make good on the implementation of these reforms… I also told you at this time Iraq would have to complete these reforms in order to get any RV.  In fact one of the reforms itself is the currency reform we all have been waiting for. This is the plan.  [post 1 of 2….stay tuned]
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Dinar Updates ‏@DinarUpdates  16m16 minutes ago

Parliament needs a group of int’l partners to enact amnesty law, National Guard and Fed Court

http://www.dinarupdates.com/showthread.php?16532-Jubouri-Parliament-needs-group-of-int-l-partners-to-enact-amnesty-national-guard-8-2&p=125527&viewfull=1#post125527 …

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Kaperoni – [if Iraq goes asset backed they’d literally be the wealthiest country in the world imo…with very little debt overnight…which imo would take it over 10 cents..basel 3 assets.]  it could…we can hope so…some believe selling these bonds is the beginning of that pressure. A kick start of sorts reducing the money supply creating demand for the dinar.  I am not so sure. But if so, then they expect the laws to pass in short order and investors to come thereafter contributing to the pressure.  One thing is for sure, it appears we will see if the transition to a market economy is going to take off or not over the next few months…And that is something to look forward to watching.  […the next few weeks “should be” a barn burner.]  Well I am not as optimistic to say “weeks” but nothing wrong with that.  [post 2 of 2]
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BGG – What I cannot believe – is the people who managed to come up with me being “less optimistic” about this investment from our call the other day. Nothing could be farther from the truth… I guess I just have to lay it out A-B-C tomorrow… DON’T MISS OUR CALL on Sunday.
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Kaperoni – We are seeing some progress…Tariffs are in effect also taxes on electric and cell phone…And the GOI gave away power today to several provinces which to me is a bigger deal.  Bond sales of about 2 trillion dinar start locally, not internationally as some reported.     [You still believe we wont be in the .70 or .90 range in the next year or 2?]   yes…maybe a dime by early 2017…all depends on how the economy grows and if parliament passes laws...you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around.  If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise…the counter to inflationary pressure is to raise the rate of the dinar…the more pressure, the more the cbi will raise it. When and how fast is relative to that event. [post 1 of 2….stay tuned]
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Millionday News Time – 8-01-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: Prime Minister Haider al-Abadi an emergency meeting with Minister of Electricity and ministry staff to follow up the electricity problems and weakening the system and the need to make further efforts to increase the hours of processing power to citizens and the fight against corruption.

Hundreds of demonstrators gathered after Friday afternoon in Tahrir Square in central Baghdad to protest the lack of electricity and other services provided and demanding the government to contain corruption.

He told activists Twilight News that the security forces have harassed the demonstrators to prevent the arrival of a lot of them from the Karkh district, but they reported that a series of security measures and locked in Tahrir Square.

Millionday: NOTE — THE CITIZENS ARE ADDING PRESSURE TO THE GOVERNMENT FOR MUCH NEEDED SERVICES

Millionday: The prevailing feelings of resentment across the country, despite repeated promises by the Iraqi government to end the crisis of chronic power shortages and repeated interruptions for long periods. And increasing population curse on poor electricity service in the summer where the temperature exceeds fifty Celsius.

Successive Iraqi governments have spent money on the electricity sector amounts of money over the past decade but the frequent interruptions come on top of complaints from citizens who are also protesting against corruption and poverty.

Millionday: NOTE — OBVIOUSLY THEY ARE VERY TIRED OF BROKEN PROMISES — TERRIBLE PROBLEMS STEMMING FROM POVERTY AND AS WE CAN IMAGINE POWER ETC
~~~

Read More: http://www.dinarupdates.com/showthread.php?16499-Millionday-News-Time-8-1-15
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Poppy3 – IMPLEMENTATION OF FULL TARIFFS AND OTHER TAX LAWS NOT TILL AUGUST 2ND MAKING MONDAY THE FIRST OPPORTUNITY  FOR US TO REALLY SEE CHANGE IN A RATE. TIME WILL TELL…
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Kaperoni – …I do not believe there is any relation between the 1095 rate and the official CBI rate of 1166.  All these bonds are doing at 1095 is building in the return (interest).  Just like a US savings bond does (you pay $10, and in 20 years its worth $25).  As for the Tariffs, often a supplier and retailer will absorb the tariff (slight reduction in profit) so the consumer may not be impacted at all.    We will have to wait and see if the additional cost changes trickle down or now.  Implementation of these certainly does not mandate a RV…
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My Ladies – THIS IS AN EXCITING WEEKEND FOR US. WE KNOW THE BONDS ARE GOING TO CROSS BORDERS TOMORROW AND I AM BEYOND ANXIOUS TO SEE HOW THEY DO IT.
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 33m33 minutes ago

Civil Alliance holds al-Maliki responsible for the power crisis

http://www.dinarupdates.com/showthread.php?16510-Civil-Alliance-holds-al-Maliki-responsible-for-the-power-crisis-8-01&p=125495&viewfull=1#post125495 …

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Arthur – OK….I WASN’T GONNA’ WEIGH IN ON THE DEALER SITUATION DUE TO NOT ENOUGH TIME GOING BY TO GET THE SPECIFICS BUT IT DOESN’T TAKE ROCKET SCIENTIST TO SEE A PATTERN HERE. LETS SKIP PAST THE SPECIFICS AND LOOK THE REAL ELEPHANT IN THE LIVING ROOM – SQUARE IN THE EYES.

WHAT IS DIFFERENT NOW ABOUT WHAT THE CURRENCY DEALERS ARE DOING THAN WHAT THEY HAVE BEEN DOING FOR THE PAST 10 YEARS? WHY IS THIS HAPPENING NOW AS IF THINGS, ALL OF A BIG SUDDEN GOT WORSE THAN THEY HAVE ALWAYS BEEN?

WHERE WERE THE FEDS WHEN THEY HAVE BEEN GETTING FILTHY RICH ON DEAD RESERVES FOR ALL THESE YEARS BEFORE NOW? SO I REALLY DON’T CARE ABOUT THE SPECIFICS OF THE NITPICKING GOING ON RIGHT NOW…I AM LOOKING AT THE FACT THAT WE HAVE ALWAYS KNOWN THAT RIGHT BEFORE AN INCREASE IN THE IQD THE DEALERS WOULD STOP ALL RESERVES. WE WERE JUST TOLD THEY WOULD SHUT DOWN FOR A HOT MINUTE TO CHANGE THEIR RATES AND COME RIGHT BACK UP.

WHAT WE DIDN’T KNOW IS THAT THEY WOULD BE TOTALLY PUT OUT OF BUSINESS FOR THAT TO HAPPEN – WHICH SERVES SEVERAL PALPABLE PURPOSES AND KILLS MANY BIRDS WITH ONE STONE NOT THE LEAST OF WHICH IS CONFISCATING ALL THE RECORDS OF ALL OF OUR PURCHASES OVER THE YEARS AND MORE IMPORTANTLY KEEPING MICHAEL MILITIA, TIMMY TERRORIST, AND LIL’ DEE THE DRUG DEALER FROM CASHING IN SOME UNGODLY RESERVE AND WREAKING HAVOC ON THE NATIONS HOMELAND SECURITY. SO IMHO THIS IS NO COINCIDENCE AND HAS TO BE NOTHING BUT THE BEST THING WE HAVE EVER, EVER, EVER SEEN.

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Poppy3 – TARIFFS FROM WHAT DR SHABIBI STATED WOULD NOT EVEN PAY FOR THE 3000 WORKERS IT WOULD TAKE TO MANAGE AND COLLECT THE TARIFFS THROUGHOUT THE COUNTRY… IMPORT AND EXPORT.   FOR THAT REASON I EXPECT TO SEE A NEW RATE AND OBVIOUSLY THE RATE MUST BE SUBSTANTIAL IF THEY ARE TO FULFILL ALL THEY HAVE THAT REQUIRES FUNDING. WE WAIT WITH GREATER EXPECTATION TODAY AND THIS WEEKEND.  EVERYTHING DOES LOOK MORE PROMISING THAN EVER BEFORE.
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Millionday – Quote:   “The head of the minister for economic affairs adviser appearance of Mohammed Saleh, Wednesday, that the application of the decision tariff will not change schedule will apply on time.”  PLANS SEEM TO BE GOING FORWARD ON TIME…  [SO WHAT HAPPENS IF THERE ARE TAXES AND NO RATE CHANGE?]   THE COST OF LIVING NEEDS TO RAISE IN COUNTRY FOR ELECTRIC ETC — BUT THE TARRIFF NEEDS TO IMPACT PRICING FOR COMPETITION TO BE SUCCESSFUL — IMO…GREAT QUESTION…   [IF these tariff and taxes start tomorrow [Saturday] without a rate, that will hurt the Iraqi citizens cause they won’t have the money to pay for the items that they need with the taxes added to it?]   I BELIEVE THEY ARE FOR EXPORTS ETC — NOT LOCAL PRODUCTS AT THIS POINT.
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BGG – …They are looking to deal with corruption in the Central Bank is literally huge…that’s almost a direct response to the boldest threat the IMF and the World Bank made to Iraq.  They plainly told them if they don’t handle their situation [money laundering and corruption] in the next 60 days they are going to blacklist their currency and it won’t be worth anything.  That would be terrible for Iraq and they don’t want that.
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 6m6 minutes ago

Parliament: Iraq situation “embarrassing” for the failure to approve the money laundering law

http://www.dinarupdates.com/showthread.php?16443-Iraq-before-the-situation-quot-embarrassing-quot-for-failure-to-approve-money-laundering-law&p=125408&viewfull=1#post125408 …

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Kaperoni – Article “Parliamentary committee: the government agreed to transfer the powers of eight ministries to the provinces”  …Council of Representatives, for the federal government approval for the transfer of the powers of eight ministries of service to the provinces, next Sunday.”   This seems like a pretty big deal and it is happening Sunday.
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Arthur ~ AS FOR OUR INVESTMENT, I KNOW ALL THE PLACES WE HAVE BEEN IN ALL THESE YEARS AND EVERY SO OFTEN WE HIT MOMENTS IN TIME WHERE EVERYTHING SORT OF COMES TOGETHER IN SO MANY DIFFERENT WAYS THAT, DESPITE ALL THE SKEPTICISM WE HAVE LEARNED TO MUSTER IN OUR WELL LEARNED AND WELL DESERVED NUMBNESS WE SAY THIS COULD REALLY BE IT. AS WE WENT THROUGH THIS JOURNEY THOSE MOMENTS USED TO BE AS FREQUENT AS WEEKLY….THEN THEY BECAME ONLY AT THE END OF MONTHS…THEN THEY DWINDLED TO QUARTERLY AND SOMETIMES LONGER BUT EVERY SO OFTEN WE GET ONE AND WHEN WE DO THEY ARE QUITE EXCITING EVEN THOUGH SO FAR NONE OF THEM HAVE RESULTED IN OUR ULTIMATE REWARD.

WELL MY RVFFL, WE ARE DEFINITELY AND I EMPHATICALLY MEAN DEFINITELY WE ARE AT ONE OF “THE MOTHER OF ALL THOSE EXCITING TIMES”.

JUST AS A LOT OF YOU, I HAVE TRIED MY BEST TO THINK OF ALL THE REASONS WHY THIS IS JUST LIKE ANY OTHER TIME. THIS ONE HAS ALL THE MAKINGS OF THE BEST WINDOW I MAY HAVE EVER SEEN TO DATE.

I WOULD HAVE TO WRITE A NOVEL AS TO THE SPECIFICS WHY I HAVE THIS STRONG POSITIVE FEELING ABOUT AUGUST AND SEPTEMBER AND I’M SURE A LOT OF YOU ARE LEARNED AND CONVERSANT ENOUGH ABOUT OUR INVESTMENT AFTER ALL THESE YEARS TO KNOW A LOT OF THOSE REASONS BUT SUFFICE TO SAY ALL THE TELL TELL SIGNS WE HAVE ALWAYS BEEN LOOKING FOR APPEAR TO BE THERE THIS TIME.

I AM NOT GONNA’ GO INTO THE INTEL I HAVE FROM 4 STATES ALL THE WAY UP TO THE AMERICAN SENATE LEVEL, TO THE 2 OR 3 CONTACTS I STILL TRUST IN THE MIDDLE EAST. EVERYONE OF THEM ARE SAYING THERE IS SOMETHING ABOUT TO HAPPEN WITH THE IQD. BEYOND INTEL THAT HAS PROVEN TO BE MOSTLY CLUELESS OVER THE YEARS THOUGH THERE ARE THE FACTS ON THE GROUND THAT WE CAN SEE AND VERIFY WITH OUR OWN EYES. BUT I ASK YOU TO LOOK AT WHAT COULD BE THE MAIN FACTOR RIGHT NOW WHICH IS THE FACT THAT THE GOI IS UP AGAINST AN EVER GROWING THREAT OF IMMINENT CIVIL WAR.

I DO NOT BELIEVE THE PTB, EVEN IF THERE ARE FACTIONS WITHIN IT THAT HAVE BEEN HOLDING THIS UP THAT WILL LET IT GET TO THAT POINT AND I HAVE FACTUAL UNDENIABLE INTEL COMING FROM IRAQ LEADING ME TO BELIEVE WE ARE RIGHT ON THAT THRESHOLD.

ONE OF MY MOST TRUSTED CONTACTS TOLD ME, AND I QUOTE “GOOD LUCK GETTING THROUGH THE WHOLE MONTH OF AUGUST WITHOUT TOTAL AND CATASTROPHIC IRAQI GOI/PARLIAMENT IMPLOSION IF THERE IS NOT REAL MONETARY AND CURRENCY REFORM IMMEDIATELY.”

THERE ARE NO MORE CANS TO KICK NOR ROADS TO KICK IT DOWN. EVEN AS EARLY AS WITHIN THE NEXT 48 HOURS WE WILL HAVE SOME ANSWERS AS TO RATHER TAXES AND TARIFFS ARE IMPLEMENTED ALONG WITH SOME UPWARD PIPS IN THE MOVEMENT IN THE DINAR AND ITS POSSIBLE MOVEMENT FROM EXOTIC TO INTERNATIONAL. THE NEXT COUPLE OF WEEKS SHOULD TELL US A WHOLE LOT AS TO RATHER THIS COULD REALLY AFTER ALL THESE YEARS BE OUR MOMENT. STAY TUNED! ~ Arthur
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My Ladies – [tariffs and power transfer still looks like a go?]   YEA IT DOES, IT ALL LOOKS GOOD…
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Iraq Live Update ‏@IraqLiveUpdate 

 8h8 hours ago

Could be PM Ex PM Current PM Wannabe PM (Left to Right) Dawah party leadership in party conference #Iraq

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Randy Koonce E-Mail…

How are you makin’ it? First Off I won the Nigerian Lottery so I am set as it is…….Man it is great to win multiple times in a row.

Ok – I am sending this out because it is rumored I retired to Belize and cashed in my lottery winnings…… but no, I am waiting on the dinar so that I can be rich enough to get away from the dinar rumors.

One of the biggest things that we have going for us right now is the tariffs they are going to start on the 1st of August. At least they are supposed to...The papers are saying that they are so lets just say they are…. They have to have an RV to implement the Tariffs so that is why they have moved the tariffs so much because our President has requested Iraq to do so……. and we believe the upper Parliament members received compensation to do so because of all the flack they would have to endure. Now no one would be able to prove the later except why else would Iraq not do what is right for it’s country and was begging to RV last year and just months ago.

The reason they did not RV yet was the President. Again people want to argue with me and I say the whole world wanted the RV to take place monts ago to even a year ago and it did not happen… Iraq wanted it along with the world so the only person who did not want it to happen was our President… these facts all add up to our President stopping Iraq from the RV…. Also we did have intel to this fact…

Now that the President has run out of excuses for not letting Iraq pay the Kurds he is going to have to pay Barzani which has lead to Iraq starting the tariff articles…. Also another major article came out with the bonds selling at 1095 anybody in there right mind should have caught that article as bogus…….. that was disquise the rate it will actually come out…. One of the things we know is the provisional budget that they were going to pay Barzani was going to be in effect from October to the January… and the rate was going to be in the 1.00 to 1.23 range and they were then going to pay Barzani a portion of the back oil that is owed him and then in a few months re-RV and pay the rest…….

When the Tariffs take place on the first the Rate should be in the same range it could be a little higher depending on the last arrangement on the HCL that Barzani negotiated.

So Unless Parliament changes the date again.. Which they do not meet until next Thursday….. or there is a loophole none of us know about then we should see the RV prior to the tariffs if we do not see it then there was a loophole that none of us know about and Obama got his way again….

Keep your chin up we are very close even if we do not see on the 1st the excuses are running thin….

So to sum up we know they need RV before tariffs, and the bond article is bogus…. and Barzani is needing his money….. GO Barzani….

We are close… Every large bank will exchange… RELAX the RV is coming… Barzani is the Person that has to be paid… and Iraq nor the US can do this without Money and the only way for that is RV…

Breathe…

Check www.cbi.iq every day to see if it has changed… do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI

Do not let your emotions get to you.

BREATHE – BREATHE…. Yes I will do a meeting after the RV…… do not worry I will send out email…
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NOVA – ONE THING THAT I ENJOY ABOUT FOLLOWING THE IQD AND THE NEW ECONOMIC ENGINE THE MOST…IS KNOWING WHEN THE FACTS ABOUT 2015 ARE WRITTEN DOWN IN THE HISTORY BOOKS…2015 WILL BE SEEN AS THE START OF AN AMAZING ECONOMIC RUN THAT THE WORLD EVER SAW COMING!  AND YES THIS IS NOVAS WAY OF SAYING HE IS EXPECTED! (Excited).
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Mnt Goat – Articles:  “PARLIAMENTARY FINANCE CONFIRMS THE CONTINUATION OF THE “CENTRAL” TO PRINT NEW BANKNOTES: WILL GO WITHIN DAYS”  “Securities Available To The Public Raise The Credit Rating of Iraq to Facilitate External Borrowing”  Absolutely predictable and like clock work. Confirms absolutely everything I have been talking about these last months.  These coming weeks the window remains the same and I have to say that if we do not see some change in the currency status I will be amazed and totally baffled.  I am very, very happy and so should you!
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Chalabi reveals: $10 million to develop a picture of al-Maliki in Beirut [for] his third term

http://www.dinarupdates.com/showthread.php?16382-Chalabi-reveals-Pictures-10M-develop-picture-al-Maliki-in-Beirut-Third-Term-7-31&p=125319&viewfull=1#post125319 …

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Millionday – …ONE THING THAT IS MORE THAN OBVIOUS — THE POWER OF THE PRIME MINISTER IS OF COURSE MASSIVE BUT — WHEN YOU LOOK AT THE IMPACT ON JUST THE INVESTMENT AND LAWS ACCORDING — IT SHOWS US ALL JUST HOW INCLUSIVE EVERYTHING IS WHEN IT COMES TO MALIKI`S PREVIOUS POSITION — HUGE.  JUST ONE OF THE MANY REASONS IT WAS SO IMPORTANT TO REMOVE MALIKI IN A VERY IMPORTANT WAY IMO.  [There was an article out this morning that Maliki was leaving again…any truth to that?]  I SAW THAT HIS CHARGES APPEAL WAS DENIED AND COURT WILL GO FORWARD ACCORDING TO MASSIVE REPORT.   I THINK THAT HIS REMOVAL WAS A GREAT MOVE FOR NEW IRAQ AND THE INTENSE PLANS MADE FOR THEM. THE WORK BEING DONE IS AMAZING.
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Enorrste – …my point was that unless they also reduce the value of the money supply then the issuance of the 50k and 100k notes will be worthless.  Reducing the amount of paper in circulation may be a “feel good” for the people, but the CBI must have a greater goal in mind than that.  Several articles have stated clearly that the issuance of the larger notes will improve the value of the dinar.  The only way to achieve that is to reduce the value of the money supply at the same time they are reducing the paper.  Otherwise the dinar won’t rise in value and the even exchange will have been a waste of time and money.  It will take more than just reducing the demand for dollars by giving the people an alternative.  An even exchange gives them the alternative to move to dinars but does nothing in itself to raise the value.  Only a reduction in the total value of the money supply will raise the value, and the CBI has stated that this will raise the value.  Ergo, the value of the money supply must fall.  [post 2 of 2]
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Live Q & A w/BGG – from 7/31 AM

Click call banner on mid-right of page!!

Smart phone user link – Click here

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My Ladies – [IF Aug 2nd brings a verifiable international currency, does that mean the currency can only change in 2% increments? Or is Iraq able to go in and make a substantial change at any time?]  NO 2% IS THE STANDARD OR THE NORM ON FOREX, IRAQ CAN DO WHAT EVER THEY WANT WHENEVER THEY WANT TO DO AFTER THEY GET THEIR CURRENCY TURNED ON.
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Commercial Solicitation

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Enorrste – Article quotes:  “…in the process of printing banknotes category 50 000 dinars to put forward in the Iraqi market early next month...” “2016 will see a new printing papers 100 000 dinars class to put on the market,”   We should not expect to see the float begin prior to the issuance of the 100k notes, in my opinion.  Things have, once again, slowed down.  However, if the issuance of the 50K notes results in a stop to the fall of the dinar or even an approach of the street rate to the official rate, then the CBI might step up the introduction of the 100K notes to get the ball rolling faster upward in value.  The big question is whether this plan will even work.  If it is an even exchange only then there will be no change in the dinar value.  If, on the other hand, they are able to reduce the total VALUE of the money supply through this plan then we should expect to see the dinar begin to rise in value.  It is my opinion that they want to have some serious upward pressure on the dinar prior to initiating the float.  If they can get locals away from dollars and into dinars then the demand for dinars will grow, putting that pressure into play.  The big question is:  IF.    [post 1 of 2….stay tuned]
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Millionday News Time – 7-31-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: THERE IS SOME VERY IMPORTANT MOVEMENT TODAY AND IT IS HARD TO ADJUST HOW TO PRESENT THE POINT —

Millionday: LETS LOOK, HERE WE GO AND WE WILL TRY TO ADD MORE AS WE GO ON

Millionday: The office of Prime Minister, Haider al-Abadi, announced signing a Memorandum of Understanding with the USA and UN to rebuild the liberated areas in Iraq.

Statement by Abadi’s office cited “Abadi signed the MoU with the USA and UN to execute the US’s grant over rebuilding the liberated areas in Iraq where the USA will start the rebuilding process to help in the return of the displaced families to their residences.

Millionday: SO OF COURSE THE HUGE STEP IS TO BRING THE CITIZENS HOME BUT THE HELP IS FROM MANY INCLUSIVE OF US NO DOUBT OF COURSE

Millionday: NOW END OF THAT REPORT BUT BEFORE WE MOVE FORWARD LETS READ THE PLANS/EXPLANATION OF THE FUNDING MOVE
~~~

Read More: http://www.dinarupdates.com/showthread.php?16403-Millionday-News-7-31-15
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Mnt Goat – This week I referenced that a window for a possible RV opportunity was here and everything looked fantastic.  This window remains the same and I have to say that if we do not see some change in the currency status this time I will be amazed and totally baffled over this saga.  We also know this event has to happen soon since joining the WTO, implementing the tariffs. customs and sales tax along with the issuance of the international bond drive almost speaks for itself.  Personally I am hearing the rate is expected to come out very low probably still within 1000 to 1100 range and them in about 4-7 days a full blown RV is designed in the process. I suspect their intent is to sell bonds at this international rate to begin with around Aug 2nd , then a week or two roll out a significantly higher new rate to the international exchanges worldwide.  What they plan to do is sell bonds at the very low rate and let the market drive it for about 7-14 days then adjust it.
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wmawhite – [the 1095 is for the bonds not the rv exchange right or not?]  We and the world has been informed by the CBI that they are selling bonds to the retail market (outside of Iraq) and at a fixed RATE…fixed RATE…of 1095 IQD.  This we know…This is important…HUGE step…what we don’t know is what is there next step. We all have opinions.  And some of those opinions come from what they have told us they want done immediately…everything the CBI has announced in official letterhead they have done.  Although the 1095 is a small move from 1166 it is very significant for the IQD to move outside of Iraq…HUGE!  [these next few days should be very exciting to see!]  Yes…this is what we have wanted to see at a minimum.   [post 2 of 2]
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Poppy – I ADVISE NOT TO PLACE ANY ORDERS FOR DINAR AT THIS TIME WITH ANYONE. THINGS ARE BEING SAID – I ,PERSONALLY, WILL WAIT TILL THE OWNERSHIP OF DINAR CORP ADVISES THEIR STATUS BEFORE ANY FURTHER ORDERS.

THIS MAY BE A PROBLEM OR MAY NOT. I JUST CAME IN THE HOUSE AND GOT A CALL OF WARNING . THIS IS NOTHING TO PANIC ABOUT AT THIS TIME TILL FACTS ARE KNOWN.

TUNE IN TO DINARUPDATES.COM FOR ANY FURTHER NEWS.
POPPY3
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Round Table Chat w/Millionday (mid-day) – 7-31-15

Thanks to DinarRecaps.com for posting Round Table Chat w/Millionday

Millionday: WELCOME TO ROUND TABLE EVERYONE

Millionday: Hold the House of Representatives, on Saturday its regular reading of the ten bills. ”

And will include the agenda of the meeting according to a statement of the Council received / scales News / copy of which was “the first reading of the draft first amendment to the law ownership claims body,

and the first reading of the draft accession of the Republic of Iraq to the Convention on Nuclear Safety Joint Convention law on the Safety of Spent Fuel Management and the Safety of Radioactive Waste Management “.
~~~

Read More: http://www.dinarupdates.com/showthread.php?16375-Millionday-Roundtable-7-31-15
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wmawhite – That CBI announcement also stated that they were marketing those bonds to “investors  abroard.”   …Abroard!  and at an exact exchange rate of  1095 IQD.  [Is 1095 an entrance rate to the world markets?]   Possibly…but all we want is for the IQD to go outside of Iraq…become an exchange rate that other currencies can exchange with.   [if they do enter at 1095, a float is inevitable IMO.]  Not necessarily so.  Remember, the CBI can not delete the three zeros from the current program rate of 1166…it needs an exchange rate.  [can they just adjust it?]  Yes, the CBI by law owns the cuurency….the GOI just uses it. The CBI can do whatever they feel is best for the currency.  [didnt they say they wanted to be comparable to Kuwait’s rate?]  Yes that is true…they still want to do that.  [post 1 of 2….stay tuned]
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Poppy3 – THE WORLD BANK GIVING THE ULTIMATUM FOR A DEADLINE OF 2 MONTHS OR 60 DAYS —  WHAT THAT ARTICLE SAYS TO ME IS THERE ARE SO MANY THINGS THAT REQUIRE THE FIRST THING TO BE DONE FIRST TO COMPLETE THINGS BEFORE THAT DEADLINE…MEANING THEY HAVE TO ASSIGN A NEW RATE BEFORE ALL THESE OTHER THINGS THAT APPEAR NOW TO BE REQUIRED TO BE COMPLETED…LIKE BOND SALES, BUDGET FUNDED, PAYING THE PEOPLE…THAT BY THE WAY HAVE ALREADY STARTED PROTESTING…AND A LONG LIST OF OTHER REQUIREMENTS THAT CAN’T BE COMPLETED WITHOUT A RATE. TIME WILL TELL BUT THE PRESSURE IS ON HARDER THAN EVER AND IT IS OBVIOUS.
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Kaperoni – Article quotes:  “…in the process of printing banknotes category 50 000 dinars to put forward in the Iraqi market early next month…” “2016 will see a new printing papers 100 000 dinars class to put on the market,”    Looks like the 50k in a week or so, and then early 2016 the 100k.  These will set the stage to begin to raise the value by reducing the physical note count from 4 billion notes to 1.8 billion notes or about.  As well, it will help citizens by reducing the amount of notes they carry.  Since this is the decision, it is good to see it happening…progress.
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Barzani he is willing to visit Baghdad asserts: don’t mind United Nations to monitor exports

http://www.dinarupdates.com/showthread.php?16217-Barzani-he-is-willing-to-visit-Baghdad-asserts-do-not-mind-the-United-Nations-7-29&p=125069&viewfull=1#post125069 …

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Frank26 – The dinar’s value is supported by the existence of Iraq’s Borders because without it…The dinar can remain at 1166…   And will.   It does not directly change it for it cannot but the T and T’s (Taxes and Tarrifs)  will protect the dinar and her new value when DRS [Dr. Shabibi] decides to lift the three zeros.
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Poppy3 – Press Release:  “The head of the minister for economic affairs adviser appearance of Mohammed Saleh, Wednesday, that the application of the decision tariff will not change schedule will apply on time.”  …DR SHABIBI STATED THE TARIFFS WOULDNT EVEN FUND THEMSELVES AND THE THREE THOUSAND WORKERS IT WILL TAKE TO COLLECT IT WITHOUT a rate change?  SOUNDS LIKE EITHER SOME DEAL HAS BEEN MADE OR ITS ONLY A PARTIAL TARIFF OR WHO KNOWS WHAT UNLESS WE SEE A RATE CHANGE. TIME WILL TELL AND EITHER WAY WE WILL BENEFIT FROM THE NEW RATE THAT IS COMING.
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tlm724 – Quote:  “General Administration of Customs confirmed its readiness to implement the pricing tariff law on imports through border ports of the country, to be implemented from next Saturday…“  so there we have it right from the General Administration of Customs that the tariffs will begin on August 1st in full force.   the question remains will they tax the people at 1166 dinars per dollar or will they increase the purchasing power of the dinar to offset the burden on the poor?  there is much riding on their decisions going forward. …the US Treasury is there, the IMF is there and the UN and World Bank…big meetings going on as we speak with the US Treasury etc.   I am really excited!
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Millionday News Time – 7-29-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: I WILL BE DOING A SPECIAL NEWSTIME TOMORROW — (Thursday) INFORMATION WILL BE IN HERE FOR TIME — I THINK IT IS AT 6 PM EST

Millionday: showed President of the Kurdistan Regional Government Nechirvan Barzani willingness to visit Baghdad to discuss ways to address the problems relating to the budget and file oil,

and expressed his government’s desire to resolve the problems and obstacles with the federal government through dialogue and Mufaaudhat.jae in a statement to the presidency of the provincial government, seen by “the morning,”
~~~

Read More: http://www.dinarupdates.com/showthread.php?16219-Millionday-newstime-7-29-15
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tman23 – Both Baghdad and Kurdistan declared a public holiday for the next 4 days because of the heat wave………. What makes this interesting is the forecast for the next 14 days is no different………  So, I guess we will see HOW they open the month of August…
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Adam Montana – [Tell me your opinion on the dynamics of this administrations deal with Iran…Can this dynamics change delay or torpedo the RV along the CBI’s previously stated targets for revalued currency?]   The deal with Iran is definitely going to have an impact…In my estimation, this should push Baghdad to move quicker, which would also push the need to revise the value of the currency.
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tman23 – [If the World Bank has imposed a 60-day deadline on Iraq, do any of you seeing Iraq trying at all to comply with what they want? Have they approached compliance at all? Are they even talking about it?]  The FED COURT ACT… Unless they get this done, all other laws are in question…It appears that they are ready to vote by majority even if the Kurds boycott the vote… They are in dire straits and by the words of the World Bank, time is of the essence…a deadline was placed.
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Round Table Chat w/Millionday (mid-day) – 7-29-15

Thanks to DinarRecaps.com for posting Round Table Chat w/Millionday

Millionday: WELCOME TO ROUND TABLE EVERYONE

Millionday: Hussein al-Tamimi Tgb sparked the third Economic Forum of the Center for Investment Development and Reconstruction Moadig very important focused on the reality of domestic production and the industrial sector in general.
This detailed important and vital in supporting government policies towards research opportunities to diversify its sources income outside the oil revenues of interest to economists and respective personnel.

Millionday: NOTE — THIS IS A HUGE CONFERENCE FOR PREPARATION IN IRAQ FOR ITS DIVERSITY IN THE GLOBAL MARKET AS REQUESTED BY MANY (INCLUDING PLAN AND MANY MORE) INCLUDING THE WTO

Millionday: We have diagnosed the seminar through the word head of the center Ibrahim Baghdadi elements of weakness that led to the decline in the industrial sector and research the possibility of promotion through fruitful and constructive cooperation between the public representative state and the private sector of businessmen and owners of laboratories and companies sector .

For his part, counting the Minister of Industry and Minerals Mohammed Darraji this seminar important step and positive, which would make him groping for near and through hearing the owners regard Barzan challenges to work on overcoming them.

Millionday: NOTE — THEY ARE SEPARATING THE NON-PRODUCTIVE FROM SUCCESSFUL

~~~

Read More: http://www.dinarupdates.com/showthread.php?16163-Millionday-Roundtable-7-29-15
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Kaperoni – Article:  “Securities available to the public raise the credit rating of Iraq to facilitate external borrowing”     To me, it seems clear the purpose of these bonds is to get the dinar out of the mattresses and pillows and to the banks to buy these guaranteed bonds payable in dollars in 12 months. As a result, the banks get the dinar to circulate and relieve the liquidity crisis as stated…”to provide financial liquidity to limit the financial crisis“.   I don’t see the CBI removing dinar or reducing the money supply with these bonds.
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tman23 – Anytime they get close like 2012…a group reacts with creating chaos to delay the process…as like the removal of Shabibi after Abadi announced the change… So now we are witnessing some real reactions across the board…since start of July it has gotten crazy insane…and the contradictions are numerous in all articles and actions… So if using confusion as an indicator…We are on the door step…waiting …to ring the bell…
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Poppy3 – [there was an article posted…about tariff collection in august being delayed. Does anyone know how/if this affect our investment?] YES THATS TRUE BUT THE REASONS ARE ALWAYS DISTORTED IN TRUTH…MAIN THING IS THEY CAN’T COLLECT TAXES TILL THE RATE CHANGES. THE LOANS WON’T BE FUNDED OR THE BUDGET TILL A NEW RATE. THE BUDGET CAN’T BE FUNDED TILL A NEW RATE…AND IF ALL THIS STUFF IS TO BE IMPLEMENTED, COMPLETED BEGINNING IN AUGUST THEY GOT TO GET THE FIRST THING DONE FIRST AND THAT IS A RATE. 
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 3s3 seconds ago

Iraq resumes pumping oil through a pipeline to Turkey

http://www.dinarupdates.com/showthread.php?16223-Iraq-resumes-pumping-oil-through-a-pipeline-to-Turkey-7-30&p=125085&viewfull=1#post125085 …

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Adam Montana – […how’s that good ol’ HCL looking like from your point of view after these Ramadan days?]   It can’t be far off now!
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Mnt Goat – Third …just recently the UN has announced that, by implementing the tariffs on August 1st and plugging into the WTO tariff system, they will become a full member in the WTO (World Trade Organization).  Fourth-  How can a country become a member nation of the WTO and not have an internationally recognized currency when the UN charter specifically addresses this issue in Article 8? We have read articles telling us that the only two pieces left were implementation of the tariffs and currency reform.  Fifth we have read just recently an article from parliament finance telling the CBI there COULD NOT BE A MORE PERFECT TIME TO ACTIVATE THE PROJECT TO DELETE THE ZEROS than immediately.  Can you see what is about to happen?   [post 2 of 2]
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Adeeb reveals his candidacy for the leadership of the National Alliance

http://www.dinarupdates.com/showthread.php?16189-Adeeb-reveals-his-candidacy-for-the-leadership-of-the-National-Alliance-7-29&p=125037&viewfull=1#post125037 …

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Mnt Goat – Earlier in the week I referenced a window approaching for a possible RV opportunity coming close at hand. Well it’s now here and everything is looking fantastic. If you are at all familiar with what has been transpiring in the news from Iraq over the last couple weeks you should be aware of just how close Iraq must be to having its provisional currency revived and going international once again. So let me set the stage for what we are being told is about to happen in Iraq.   First…they fully intend to implement their tariffs, customs and taxes on every boarder crossing on August 1st 2015.   Second they have told us that by the revenues generated from the tariffs, customs and sales taxes could amount to over 2 billion dinars by the end of September, if implemented on time.  How can the citizens afford these sales taxes with the current rate of the dinar?  [post 1 of 2….stay tuned]
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Adam Montana – Well, here we are… [Ramadan] is over, and things are starting to pick up again.  ISIS is becoming less and less of an “item” in the daily news, which I expected. There is news of progress on the HCL, but no official movement as of today. That really sums up the whole situation. We need some strong HCL news to get really excited, and until that happens we are in a holding pattern. I have eyes, ears, and boots on the ground that are keeping me very up-to-date on the important stuff, and as soon as I get word that we’re close I will let you know!
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Poppy3 – DO THEY WANT TO GET THE PEOPLE PAID? ANSWER YES AND HAVE STATED SO SEVERAL TIMES.   DO THEY NEED THE FUNDING FROM THE LOANS – YES.   DO THEY WANT/NEED/EXPECT THE TARIFFS AND TAXES? YES AND HAVE SAID SO SEVERAL TIMES.   DO THEY NEED AND HAVE PROMISED THE BUDGET FULLY FUNDED — YES AND HAVE DEMANDED IT BE DONE AND ALL THESE THINGS TO BE COMPLETED IN THE MONTH OF AUGUST.   HMMM NOW I HAVE BUILT MY EXCITEMENT TO A LEVEL THAT I CAN DANCE.
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CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY	CODE	SELL	BUY
US dollar	USD	1166.000	1164.000
Euro	EUR	1285.515	1284.872
British pound	GBP	1817.911	1817.002
Canadian dollar	CAD	901.500	901.049
Swiss franc	CHF	1207.915	1207.311
Swedish krona	SEK	136.617	136.549
Norwegian krone	NOK	142.494	142.423
Danish krone	DKK	172.286	172.200
Japanese yen	JPY	9.470	9.465
Special Drawing Rights	SDR	1629.345	1628.530

Indicative rates – 07.29.2015

http://www.cbi.iq/

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Poppy3 – Article: “World Bank gives Iraq two months to approve the anti-money laundering law”   SEEING THIS FOR REAL IN INK IS A REAL EXCITING NEWS POST.   IT ALSO CONFIRMS WHAT WE HAVE SAID FOR A COUPLE MONTHS THAT THEY HAVE (THE WORLD BANKING LEADERSHIP ) LIKE US…HAVE BELIEVED AND THOUGHT THIS SHOULD HAVE ALREADY BEEN COMPLETE. LETS ALL HOPE THEY ARE CLOSER TO FINALIZING ALL THE NEEDED LAWS, ETC. THAN THEY HAVE MADE PUBLIC…THIS IS HUGE NEWS AND A CONFIDENCE BUILDER.
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BGG – [Is it True Iraq has 60 days to RV?]  not exactly – the WB [World Bank]  has given Iraq 60 days to deal with their money laundering issue…which should, at some point shortly after they do – open the door for a very different regime… (more PRO-currency reform) – short answer…it is far more possible once they satisfy the WB.

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Iraqi Dinar/Dollar auction 07-29-15

Currency Auctions Announcement No. (3004)

This daily currency auction was held in the Central Bank of Iraq on the 07-29-2015

The results were as follows:

DETAILS	NOTES
Number of banks	25
Number of remittance companies	10
Auction price selling dinar / US$	1166
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	271,668,000
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	271,668,000
Total offers for selling (US$)	—–

More: http://dinarupdates.com/blog/
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Frank26 – WE ARE FOCUSED ON AUGUST THE FIRST TO SEE IF THE TAX AND TARRIF LAWS COME OUT AND TO SEE IF THE BONDS ACTUALLY START SELLING…BOTH IN AND OUT OF IRAQ.  WE BELIEVE THE DOMESTIC BONDS WILL BE SEEN AT THE 1095 LEVEL TO ENTICE THE IRAQI CITIZENS TO COME INTO THE BANKS AND TO INTEREST THEM IN PARTICIPATING IN THE SALE OF THE 2 BILLION IN DOMESTIC BONDS.  THIS CHANGE FROM 1166 IS THAT “ATTRACTION” OR ENTICEMENT THAT DR. S [SHABIBI]  KNOWS IS NECESSARY AT THIS TIME.  ONCE THE DOMESTIC BONDS ARE OUT THEN WE WATCH FOR THE INTERNATIONAL BONDS TO SHOW AND JUST AS THE DOMESTIC BONDS NEEDED TO BE ATTRACTIVE SO DO THE INTERNATIONAL BONDS AND WE LOOK FOR THAT “ATTRACTION” THAT WOULD BE TIED TO THEM.
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tman23 – There are 2 types of news in Iraq…….. The news we get from press releases and then the news on the streets which is only for Iraqi’s………… And inside Iraq they are trying to hold it together with more talk……But the reality is, it is about to explode internally if they do not come up with immediate solutions…….and those solutions require money……. LOTS OF MONEY !!!
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My Ladies – Perhaps we are misleading people or using the improper verbiage or not getting our point across thoroughly…Neither Nova or I said…anything that the Central Bank of Iraq isn’t saying.  I don’t know and Nova doesn’t know if 1095 is going to be the exchange rate of the Iraqi dinar.  What we said is the Central Bank of Iraq said they are selling bonds — their verbiage was “abroad” — at a rate of 1095 to 1 USD. They’re selling it in dinar.  Again, this isn’t Nova and me saying these things. This is the CBI and ISX.  This was formal, on their letterhead…Now, what Nova and I said is that the Central Bank of Iraq, the Government of Iraq, or anybody can’t sell bonds abroad, international, whatever word for outside the country, without having an exchange rate.  Are Nova and I saying that 1095 is the new exchange rate for the Iraqi dinar? No.  The reason this is happening is because the GOI has no money. The GOI is broke, and they can’t get dinar from the CBI. They have to create an event in order to raise the funds they need.  The whole thing is they’ve turned the engine on, and it’s wonderful.
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My Ladies & Nova – ANNOUNCEMENT… “ANY COMPANY OUTSIDE IRAQ INTERESTED IN TRADING ELECTRONICALLY ON THE ISX MUST SUBMIT THEIR OFF IN WRITING BEFORE AUGUST 27TH AND THEY MUST INCLUDE WHO THEIR REPRESENTATIVE WILL BE.”   I HAVE OFFICIAL NEWS THAT THE RATE IS GOING TO BE 1095 AND IRAQ WILL BE OPEN FOR TRADING 8/2…SO WE SEE THEY ARE ALLOWING ONLINE TRADING FOR ME AND YOU ON THE ISX.  THIS IS TRULY REMARKABLE …ITS STARTING! EXCITING TO SAY THE LEAST!
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BGG – …they are meeting – over what to do about Maliki…they come back, not much gets done – deal with Maliki – move on…  [are you saying Maliki issue is more important right now for them to decide than voting on the laws? because once Maliki is canned, the laws will be a whiz to pass?!]  no question – that is what I am saying…he has played the “obstructionist” thus far. He goes – things move!!
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My Ladies – [Yes. And this process requires then the IQD to be international.]  ABSOLUTELY IT DOES! YOU CAN NOT CONVERT EURO, OR YEN, OR PESOS, OR DISNEY DOLLARS INTO DINAR WITH OUT THE CONVERSION SWITCH BEING TURNED ON!  …I HAVE SAID 2-3 DOZEN TIMES RECENTLY WITH ALL THIS ACTION IN THE MIDDLE EAST THE DINAR NEEDS TO TRADE SOON.  I WAS NEVER SPEAKING TO VALUE, JUST TO THE START OF IT TRADING…AND I THINK THIS IS WHERE WE ARE AT COME THE 2ND OF AUGUST.   [post 2 of 2]
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Commercial Solicitation

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tman23 – “the Government’s decision to reduce the salaries of officials and senior staff closer to attempt a radical processing prosthesis for the problem…”  The salaries of the GOI were ridiculous…One of the IMF concerns/conditions with regard to Iraq GOI was salaries…to be adjusted.
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My Ladies – [They are creating DEMAND for the IQD by selling the bonds…The IQD now has a purpose.]  THIS IS WHY WE ARE SAYING THE DINAR WILL BE CONVERTIBLE ACROSS BORDERS…AND ALSO LOOK AT WHO THE SELLER IS, THE GOI IS THE SELLER, NOT THE CBI, THE CBI IS ONLY MAKING CONVERSIONS.  IN ORDER TO TRADE THESE BONDS ACROSS BORDERS THAT MEANS THAT THE CONVERSION SWITCH IS TURNED ON.  RIGHT NOW THE DINAR IS FOR IRAQ USE ONLY AND IN ISOLATION RIGHT?  SO NO MATTER WHAT YOU HEAR OUT THERE FROM ANYONE THIS IS BASIC BANKING 101, NO MYSTERY NO SECRET INTEL, NO NONSENSE.  THIS IS JUST HOW THE WORLD OF BANKING WORKS. BASIC AND NO MYSTERY INVOLVED.  [post 1 of 2….stay tuned]
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BGG – Article:  “World Bank gives Iraq two months to approve the anti-money laundering law”   I mean HOLY MOLY!  Basically the WB is giving them 2 months to get this done – Or else…it also portrays the WB has been assuming this would have been handled by now – pretty much guarantee this is the hold-up behind the various “aid packages” and loans…also – I would imagine they know Maliki is the central figure in this problem (money laundering – via the CBI).  All I can say is SHAZAAM!!  if there were ever pressure on Iraq and the CBI – it is now.
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“Straight Talk Radio” Call!!

“Dinar News that matters…”
from 7/28 @ 3:30pm CST

Click call banner on mid-right of page!!

Smart phone user link – Click here

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Frank26 – Maliki…is the reason why we don’t have a monetary reform yet. Maliki sees his loyal followers dwindling in front of him. His time is measured. Maliki even tried to give problems to the Kurds. Normally they would have come out after him – but they did nothing. They don’t care about Maliki!  The Kurds are the primer of the monetary reform of the IQD currency. They are the ones who will trigger everything for the funding.  The GOI said that the investment law is being passed and IMO is being done for Kurdistan. The INVESTMENT LAW was passed a long time ago. It was amended 3 times. Why? To “SUIT” the conditions for the Investment Law…to grow the private sector and their economy. They have to get this done by October.   [post 2 of 3….stay tuned]
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Mnt Goat – My next guess is that also very soon we will see this infamous “basket” of laws being announced since they are all inter-connected together and must be implemented all at once to make any sense.
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Frank26 – …the main thing that we have been concerned about in the IQD investment is the SECURITY in Iraq. The SECURITY that we want is growing rapidly.  The Iraqi Army is kicking butt…removing ISIS…capturing cities, ground, banks, etc.  The IMF watches all of this and says on their website that the IQD is 1166…but 2 days AFTER this military action…the IMF removes the rate of the IQD and puts up there…“HOLDING”.  What are they holding? Not much…you know the IMF already gave Iraq the green-light.  We believe that the info coming out right now is so concentrated towards the monetary reform of the IQD that it is very clear.  I think the conditions are now good to raise the value of the IQD.  The environment of Iraq is good for the IQD to reinstate it’s value…just like Dr. Shabibi wants. We are almost there…I don’t know WHEN…we offer no date here.  You can’t raise the value of the IQD if the GOI and the CBI are fighting – and there is none!   [post 1 of 3….stay tuned]
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World Bank gives Iraq two months to approve the anti-money laundering law

http://www.dinarupdates.com/showthread.php?15943-World-Bank-gives-Iraq-two-months-to-approve-the-anti-money-laundering-law-7-27&p=124722&viewfull=1#post124722 …

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My Ladies – …NEVER MIND THE INITIAL RATE…THIS WILL CHANGE… WE COULD SEE MORE PROGRESS WITH THE IQD RATE BETWEEN THE 2 BILLION BOND SALE, WHICH STARTS AUGUST 2ND, AND THE 3 BILLION BOND SALE, A MONTH LATER.  WE MAY NEED TO SEE A RATE FIRST, THEN DELETE THE ZEROES.  THE DELETE THE ZEROES THING, PART OF THE TWO-PART PROCESS, COULD HAPPEN AT ANY TIME. YOU CANNOT COME OUT OF YOUR DRIVEWAY DOING THE SPEED LIMIT. YOU HAVE TO START SLOW, SEE HOW IT GOES, THEN YOU CAN THROTTLE UP.   KUWAIT NEVER REVALUED. THIS IS A MYTH. THEIR CURRENCY WAS FROZEN WHEN IRAQ WAS INVADED. WHEN IRAQ LEFT, THEY FLIPPED THE SWITCH BACK ON.  THE SAME THING IS LIKELY HERE…WE WILL JUST SEE THE INVESTMENT CRACK WITHOUT WARNING.  [post 2 of 2]
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News Time Chat w/BGG in for Millionday – 7-27-15

Thanks to DinarRecaps.com for posting News Time Chat

BGG: Here we go…

BGG: Round Table WAS OFF THE HOOK today…

BGG: http://www.dinarupdates.com/showthre…g-news-7-27-15

BGG: I’ll be glad to take questions on any of that later… but that World Bank article was a real STUNNER.

BGG: “For Dinar News that matters…”

BGG: An unannounced visit, “al-Maliki” Tehran .. up to form an Iraqi, Iranian front under his chairmanship

BGG: Vice President Nuri al-Maliki arrived on an official visit undeclared to the Iranian capital Tehran.

The sources confirmed that al-Maliki will discuss with leaders and officials in Iran composition Iraqi-Iranian front under his chairmanship in order to bring big changes in the private and the region General Iraq, noting that the Iranian side presented previously and continues to provide material and moral support of a coalition of state law, led by Vice President of the Republic of former Prime Minister Nuri al-Maliki.
~~~

Read More: http://www.dinarupdates.com/showthread.php?15789-Millionday-News-7-25-15
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My Ladies – THE SANDBOX IS A LOT FURTHER ALONG THAN WHAT WE KNEW OR SUSPECTED…WE ARE DEALING WITH SOME OF THE LAST PUZZLE PIECES.  IRAQ IS READY TO SELL RETAIL BONDS…KEEP WATCHING THIS PROCESS…THIS MAY START AUGUST 2ND.  IF THIS HAPPENS IN IRAQ ONLY, THEN NO INTERNATIONAL RATE IS REQUIRED. WE ARE NOT SURE JUST YET WHERE THEIR CURRENCY COMES INTO PLAY DURING THIS PROCESS.   WE MAY SEE A 1095 RATE FOR THE IQD ON THE FOREX THIS COMING SUNDAY NIGHT, MONDAY MORNING VIA THE CBI WEBSITE.  DON’T DO ANYTHING… DON’T FREAK OUT…JUST WATCH IT TAKE ITS FIRST INTERNATIONAL STEPS.  IQD AT THE START 1095, BUT IT WON’T STAY THERE…IT CAN’T.  [post 1 of 2….stay tuned]
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Kaperoni – Article quote:  “economic and investment commission parliamentary member Ahmed Kanani that the World Bank and other international financial institutions gave Iraq until next October as the date for the adoption of anti-money laundering law.”  Well we see if they can pass this before Oct.  There are also several articles that seem to tie these laws to the currency reform.  If so, we may begin to see monetary change right after the laws are passed.
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Stryker – The news just keeps getting better and better with the dinar this month…  The top Iraqi dinar news is, Finance Committee secretary Hadi al-Yasiri two days ago made these comments:  QUOTE: “the central bank to speed up the application of the project to delete the zeros and make it parallel with the money, which began shortly before laundering law.”  Remember that the World Bank and other International financial institutions have given Iraq 2 months or until October to enact the Anti-Money Laundering Act. Does this mean that it will not RV until then? Could be but they may be able to work around that if all blocs agree to pass it thru parliament. I’m under the opinion that the country needs this to take place and the right people are finally in charge, so our chances are better then they have ever been for this project to take place. 
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Round Table Chat w/BGG filling in (mid-day) – 7-27-15 Part 2 of 2

Thanks to DinarRecaps.com for posting Round Table Chat w/BGG filling in for Millionday

BGG: OK – lets cover some more news.

BGG: The current time is right to delete the three zeroes from the local currency

BGG: BAGHDAD / Nina / called a former member of the Finance Committee secretary Hadi al-Yasiri, the central bank to speed up the application of the project to delete the zeros and make it parallel with the money, which began shortly before laundering law.

BGG: Yasiri said the National Iraqi News Agency / Nina / that “the project to delete the zeros old project was supposed enacted and implemented years ago, but some economic matters has affected negatively on the approval, stressing that” the market work and the issue of external and internal debt and the work of the Iraqi Stock Exchange are all related to the deletion of zeros and must Coordination with the government to have the project ready for implementation. “
~~~

Read More: http://www.dinarupdates.com/showthread.php?15953-Bgg-news-7-27-15
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Mnt Goat – Last week I also presented you with an article statement from the head of the finance ministry and they told us at that time it was “URGENT” and “THE BEST POSSIBLE TIME” now to complete the process to delete the zeros from the currency (or drop the larger 3 zero notes, the provisional currency).  The IMF is also strongly suggesting now it the time.  I feel that all the provinces may not get paid oil royalties this week (in fact I am sure of it) but the beginning of the process will show to the IMF and the USA they are making good on the HCL law to distribute these funds…I have told you all along this is something that is NECESSARY to see any RV.   We will witness this very soon.  [post 2 of 2]
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Bulldog75 – An Iraq RV is imminent. The planet finances are beckoning the obvious. Prepare and buckle up. The financial wind currents are getting stronger by the day.
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Mnt Goat – Earlier in the week I referenced a window approaching for a possible RV opportunity coming close at hand. Well it’s now here and everything is looking fantastic. The hope was that this final vote on Amnesty would have been taken on last Thursday 7/23 or Friday 7/24. However parliament decided to take a short recess until meeting again on Monday and the vote had to be delayed. So lots could happen this week.  …I was told over the weekend is that the distribution of the lower denominations depends on the passing of the Amnesty bill. This is why I believe it may in fact get passed this week and we might see our lower denoms distributed OFFICIALLY  throughout ALL THE PROVINCES.  We all should know what this means…right?  The rate has to change in order to do this move. We wait to see what happens this week.  [post 1 of 2….stay tuned]
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Round Table Chat w/BGG filling in (mid-day) – 7-27-15 Part 1 of 2

Thanks to DinarRecaps.com for posting Round Table Chat w/BGG filling in for Millionday

BGG: Alright – everything I’m going to cover comes out of the “Current Iraq NEWS” Forum…

BGG: If you all haven’t seen the new format – IT IS AWESOME. Check it out.

BGG: Each article is separate and open for comments.

BGG: Also much easier to browse and “search”…

BGG: and before I move on – to our News Hounds, posters, and editors (we could use a couple more) THANK YOU – It looks GREAT!!
~~~

Read More: http://www.dinarupdates.com/showthread.php?15953-Bgg-news-7-27-15
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My Ladies – THE MINISTRY POWERS ARE TO BE TRANSFERRED TO THE PROVINCES BY AUGUST 5TH, DESPITE THE STALLING AND THE WHINING. THIS IS NECESSARY STEP TO MOVE TO MARKET ECONOMY,  THE TIMING OF ALL OF THIS SURE IS POSITIVE, AND WITH IRAN IN IRAQ RIGHT NOW THINGS COULD BE MOVING ALONG.
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OOTW – [excerpt] WE SAW A VIDEO PRESS RELEASE A FEW MONTHS AGO, INDICATING THAT THE 50K NOTE WAS GOING TO BE WORTH 100.00…

This is neither a correct nor accurate statement. There was no such “release” nor have they indicated the value of the 50k note would be $100. However, in virtually every ACTUAL report they have talked about the 100k note being worth $100 – so roughly what it is now. No change… the 5ok/100k note plan is a “tread water” scheme – not a change value plan.

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Millionday – Article quote:  “The proposals and amendments approved by the parliamentary committees on investment law will be presented early next legislative term, to approve the legislation…”  THE INVESTMENT LAW HAS BEEN ADDRESSED AND AMENDMENTS WILL NEED TO BE MADE INTO LAW AS AMENDED…IT IS LAW WITH NEEDED AMENDMENTS FOR INTERNATIONAL INVESTMENT.  [Do Amendments need to go through the same process of 1st, 2nd 3rd readings?]  THE REPORT STATES IT GOES FOR VOTE…IT IS ONLY 2 READS AND VOTE NOT 3.  I CAN IMAGINE THIS IS NOT GOING TO BE A SLOW PROCESS AT THIS POINT.
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The current time is right to delete the three zeroes from the local currency

BAGHDAD / Nina / called a former member of the Finance Committee secretary Hadi al-Yasiri, the central bank to speed up the application of the project to delete the zeros and make it parallel with the money, which began shortly before laundering law.

Yasiri said the National Iraqi News Agency / Nina / that “the project to delete the zeros old project was supposed enacted and implemented years ago, but some economic matters has affected negatively on the approval, stressing that” the market work and the issue of external and internal debt and the work of the Iraqi Stock Exchange are all related to the deletion of zeros and must Coordination with the government to have the project ready for implementation. “…