{"id":11023,"date":"2015-09-22T05:49:23","date_gmt":"2015-09-22T10:49:23","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=11023"},"modified":"2015-09-27T14:45:10","modified_gmt":"2015-09-27T19:45:10","slug":"the-dinar-observer-daily-sept-22nd","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=11023","title":{"rendered":"THE DINAR OBSERVER DAILY SEPT 22nd"},"content":{"rendered":"

Word for the day…<\/em><\/strong><\/h1>\n

Jeremiah 29:11 (NKJV)<\/span><\/h1>\n

11 For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope.<\/p>\n

Heavenly Father, Thank You that You have a future and hope for us! Thank You that You think thoughts of peace towards us! In Jesus Name, Amen.<\/em><\/h2>\n

Mrs BGG<\/em><\/h2>\n

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You do know what Shakespeare wrote about lawyers – right??<\/em><\/span><\/h1>\n

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*** Current Posts ***<\/h1>\n

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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>What is really happening with the Mastercards?\u00a0\u00a0 ...these cards WILL NOT GO INTERNATIONAL until the currency is once again back on the international global exchanges.<\/span><\/strong>\u00a0They can not use these cards outside of Iraq until this happens.\u00a0Using the cards outside of Iraq means – the IQD rates will have to be in the international exchanges\u00a0 which enables the link to the conversion programs so\u00a0 the new currency can be converted from the country of origin\u2019s currency amount<\/strong>…this did not yet happen…
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Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>I believe that Maliki will be the next thing.\u00a0\u00a0If this would have happened sooner, Maliki would have been control of the monetary reform.\u00a0<\/strong>\u00a0We knew Maliki was a snake \u2026 but we got into bed with him. The timing of all of these things are incredible. \u00a0\u00a0400 Million Dollars (USD) was being sold in Iraq \u2026 that was a big boost for the USA \u2026 so we used Maliki.<\/strong>\u00a0 \u2026sometimes it appears that Iraq is in control \u2013 and that is true when it comes to their \u201claws\u201d \u2026\u00a0but the US has the powers of the green-light<\/strong>. The laws are important because the investors and the stock-market can\u2019t succeed without them.\u00a0 Well over 100 GOI officials were fired and were replaced with US trained Iraqi\u2019s. In my opinion \u2013 they fired every crook!\u00a0 We are not messing around!\u00a0 Nobody \u201cinvited\u201d us back \u2013 but we\u2019re tired of the \u201clip-service\u201d \u2026 so we\u2019re back! \u00a0Iraq needs to arrest Maliki \u2026 not the US. The day you see Maliki arrested \u2026 Then you\u2019ll know we are extremely close.<\/strong>\u00a0 [post 2 of 2]
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tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “Al-Abadi, Al-Jaafari will visit the United States, after the Eid al-Adha”, adding that Jaafari’s visit “will precede the visit Abadi, where he is scheduled to attend UN General Assembly meetings<\/em>.”\u00a0\u00a0 Very VERY interesting…\u00a0The post 2015 summit concludes 10\/1 and then they will go to council and if all are in agreement…Funds will be free for release…several trillions for global infrastructure building etc.\u00a0\u00a0 …the timing of Abadi’s arrival is suspicious…we will never know but certainly have the right to speculate that…IRAQ is in the PLAN!!\u00a0\u00a0\u00a0<\/strong>And if that is the case (which I am 99.99999% convinced it is)… Oct 6th the release is to happen upon agreement…and that is when the US fiscal year begins with funds to be released…and Obama is calling to get the US Budget passed now…But no doubt…The world PTB have some plan that is about to be initiated.<\/strong>
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BGG –\u00a0<\/span>the Moody’s rating is good news…whatever it means (exactly) them having a ratings outlook is good<\/span><\/strong>…and by the by – it is only a “provisional rating” on their bonds only –\u00a0however, it’s essentially the data and info they would use on a sovereign credit rating<\/strong>… overall, and in light of the severity of their situation,\u00a0I took this report as generally realistic..: and positive\u2026 as a credit rating agency – it is vital they are reliable in their portrayal to investors<\/strong><\/span>\u2026 still a reasonably decent outlook – “stable with instituational risk” is probably an accurate picture<\/strong><\/span>…What they have “in the ground” and what they can pump, process and sell are two very different numbers… and this is their short term issue – PERIOD.\u00a0 they are still spending too much based on the 2015 deficit and bad projection of oil prices.\u00a0They have short term crisis – they have discussed (privately) bridging this gap with some emergency currency move…however, until this political corruption is “cornered” they are still discussing options<\/span><\/strong>…
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>We are off to a start of a fantastic week!\u00a0In the many years of following this saga I have never seen such progress move so fast.<\/strong>\u00a0Some element is definitely behind supporting Abadi and his council.\u00a0\u00a0 \u00a0These next coming weeks should be very interesting.\u00a0\u00a0I also want to say that when Iraq is ready to revalue their currency and come back as an international player it will just happen. NOTHING WILL STOP IT.<\/strong>
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Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>they are running out of time to do this.<\/strong>\u00a0The Marshal Plan is Bush\u2019s baby. Dr. Shabibi is getting older and fragile \u2026 and I believe that speed is a big factor now.<\/strong>\u00a0\u00a0Why is Dr. Shabibi important? He knows the software. He\u2019s been protected by the USA (in my opinion) for the last 2 years. ISIS and DAASH is running.\u00a0Think about it \u2026 why would we send Special Opps into the CBI? That was the first place they went. They didn\u2019t need numbers from the CBI \u2026 they already knew them.\u00a0\u00a0The so called \u201caudit\u2019 of the CBI was a bunch of BS<\/strong>\u2026all of this was done at night so that the mission could be accomplished.\u00a0We believe the Special Opps did this for Dr. Shabibi \u2013 not Allik.\u00a0\u00a0\u00a0Dr. Shabibi was given control of the green-light.<\/strong>\u00a0<\/strong>\u00a0[post 1 of 2\u2026.stay tuned]
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>UNFORTUNATELY, THE LOWER OIL PRICES GO, THE MORE DEFLATION WORKS ITS WAY AROUND THE GLOBE THE GREATER THE PRESSURE COUNTRIES HAVE WITH THEIR CURRENCIES!\u00a0 THIS DEFLATION PROBLEM ONLY MAGNIFIES THE DEBT PROBLEM WORLD WIDE UNTIL IT IS UNSUSTAINABLE!\u00a0THE BEGINNING OF THE END HAS CERTAINLY BEGUN. HOW LONG WILL IT TAKE IS ANYONES GUESS!\u00a0\u00a0BE CONFIDENT THAT WE WILL BE BLESSED WHEN THE HURRICANE PASSES!<\/strong>
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Delta (Dinar Guru) –<\/span><\/strong>\u00a0The stock market will increase because of the Anti-Money Laundering Law. The currency reform will make a lot of investors come into Iraq.\u00a0\u00a0The Iraqi Stock Market will be one of the hottest in the world. A lot of investor money will be coming into Iraq\u2026<\/strong>\u00a0it will be a holiday on Wednesday in Iraq so we are not expecting anything until after the holiday<\/strong>. Iraq needs liquidity. They need money. Iraq is a rich country but they have no cash on hand.\u00a0\u00a0They have oil, resources \u2026 but essentially, they are bankrupt. The USA doesn\u2019t want this to fail.\u00a0 One of the stipulations for Iraq to move forward is to lift the 3 zeros.\u00a0\u00a0In order for the IMF to continue to support Iraq \u2013 they must add value to their currency.\u00a0\u00a0Let\u2019s see what happens after the EID holidays.<\/strong>\u00a0\u00a0[post 2 of 2]
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firefly (Dinar Research) –\u00a0<\/span><\/strong>Quote:\u00a0 “Representing the UN at the meeting, UNDP\u2019s Resident Representative Ms. Lise Grande congratulated the Government of Iraq… highlighting \u201cthe importance of Iraq\u2019s contribution in order to reach a globally binding agreement.<\/em><\/strong>\u201d\u00a0<\/span>\u00a0\u00a0<\/span>Sure doesn’t sound like gloom and doom to me.\u00a0\u00a0<\/span>Coming direct from the UN site!<\/span>
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Delta (Dinar Guru) –\u00a0<\/span><\/strong>\u2026the 50 and the 100 dinar articles are still confusing people.\u00a0You will not have a country with lower inflation than Iraq<\/strong>. For the countries who added zeros to their notes is due to high-inflation.\u00a0Right now in Iraq \u2026 inflation is very, very low. It doesn\u2019t make any sense to produce more 3 zero notes.<\/strong>\u00a0\u00a0Remember the articles about the coin and the 50 and the 100 dinar?\u00a0\u00a0At the end of the article\u2026 they gave the example that the note would be a 50 note\u00a0<\/strong>\u2026 and this was from a committee member.\u00a0\u00a0The plan to execute it was in July \u2013 but they didn\u2019t do it. We do believe that they are now ready.<\/strong>\u00a0\u00a0Also remember the article about 3 weeks ago from \u2026 this guy\u2026who is in charge of issuing notes for the CBI\u2026 stated that plan was to come out with the new note \u2026\u00a0valued at 50,000 but will be marked as a 50<\/strong>. This is not rumors \u2013\u00a0He said that the 50 dinar is ready and before the end of the year they will execute it. Obviously they can\u2019t give you the exact date \u2026 but the monetary reform has to happen.<\/strong>\u00a0\u00a0[post 1 of 2\u2026.stay tuned]
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Millionday (Dinar Research) –\u00a0<\/span><\/strong>Article quote: “President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha.<\/strong>”\u00a0\u00a0FINALLY A TIMELINE FROM MASUM…ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH<\/strong>\u00a0\u2013\u00a0<\/strong>HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION.\u00a0\u00a0 THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>I have told you that come mid September we would be in an excellent window for the RV.\u00a0\u00a0I also stated in my news letter last week that if Iraq DID NOT complete what it had to complete on time and so the PTB will not RV. They will not RV until these needed laws are in place and at least partially implemented (as required).\u00a0\u00a0I will say if they can work out the details on four key issues \u2013 National Guard law, the Investment Law, Judicial Reforms, the Amnesty law and the controlling physical security situation we will be a great time position afterwards to possibly see some upward movement in the currency value.<\/strong>\u00a0\u00a0Iraq knows they need to do something with the currency value and they know they need to do it quickly.\u00a0<\/strong>I believe they are now targeting RV by Oct 1st.\u00a0\u00a0<\/strong>But it is just a target date. If
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>[…in your opinion do you believe all currencies will Rv at the same time<\/em>?]\u00a0\u00a0…THERE WILL BE A FEW THAT WILL GO AROUND THE SAME TIME IN MY OPINION! THINK ABOUT IT FOR A MOMENT.\u00a0IF YOU JUST MADE MILLIONS OR MORE ON ONE OF THESE CURRENCIES LIKE THE DINAR AND THE OTHERS HAVEN’T CHANGED YET MANY WOULD BUY MASSIVE AMOUNTS OF THEM CAUSING A DISTORTION ON NOTE COUNTS.\u00a0<\/strong>THAT COULD DO SEVERE DAMAGE TO A COUNTRY. THIS IS THE REASON I BELIEVE WE WILL SEE SOME MINIMAL START WITH THE RIAL AT THE SAME TIME THE DINAR RETURNS!
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

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firefly (Dinar Researcher) –\u00a0<\/span><\/strong>Reforms are already in process as in being implemented.<\/strong>\u00a0\u00a0 M [Maliki]\u00a0is nuisance but no more than a fly on the wall!\u00a0\u00a0<\/span>If we have to wait till all corruption is done with…we will be waiting forever. Corruption is in EVERY country…NOT just in Iraq.<\/span>
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Millionday (Dinar Research) –\u00a0<\/span><\/strong>Article quote: “President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha.<\/em>”\u00a0 FINALLY A TIMELINE FROM MASUM…\u00a0ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH \u2013HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION.<\/strong>\u00a0\u00a0 THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>SOME IN DINARLAND HAVE EXPRESSED CONCERN THAT IRAQ WILL…DEVALUE ITS CURRENCY. IMO, IT IS IRRELEVANT WHETHER IRAQ DECREASES ITS VALUE IN THE SHORT TERM AS OTHER COUNTRIES HAVE DONE.\u00a0THAT TEMPORARY ISSUE HAS NOTHING TO DO WITH THE MONETARY REFORM! PERSONALLY, I HAVE NEVER BEEN MORE ENCOURAGED ABOUT THE DINAR, AS WELL AS SEVERAL OTHER CURRENCIES I HOLD!\u00a0<\/strong>THIS COMING WEEK SHOULD REALLY RAMP THINGS UP IN A NUMBER OF WAYS.\u00a0\u00a0IRAQ APPEARS TO BE CONCLUDING THE LONG AWAITED LAWS IN PREPARATION OF A RATE CHANGE!<\/span><\/strong>
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Chalabi reveals corruption files to Iraqi politicians and ministers of the most prominent al-Maliki<\/strong><\/span><\/h2>\n

\"\"Palm-<\/strong>A member of the National Alliance and head of the parliamentary finance committee, \u201cAhmad Chalabi,\u201d about a group of well-known names thieves of public money.<\/p>\n

He said Chalabi on his page in the social networking \u201cfacebook\u201d site and I followed, \u201cnews agency palm\u201d The first group of thieves Iraq, which has been its files handed over to the Supreme Judicial Integrity Commission concerning Huda Bank, United Bank, North Bank, Middle East Bank and the Bank of Assyria…<\/p>\n

tman23 (Dinar Research) –\u00a0<\/span><\/strong>Opinion piece from 2012…”the monetary authority would still face the tough mission of determining the Iraqi dinar\u2019s exchange rate. Will it peg the dinar to the dollar, or to a basket of currencies? Or will the authority employ [floating exchange rates] – the current system – leaving the dinar\u2019s value to be determined by market forces…<\/em>”\u00a0\u00a0\u00a0Iraq has operated a parallel exchange rate…one that is floating in the market…and a fixed rate of 1166 that the CBI operates on for imports.<\/strong>\u00a0\u00a0 So Kap [Guru Kaperoni] saying floating exchange rates is nothing new simply because it has been floating on the streets for years now…BUT as the author noted…the best solution is to peg it to the dollar or a basket of currencies. \u00a0The history of developing countries is to peg…many studies have proven that “investors” do not the risk of a floating currency in a developing country…and that would be Iraq in it’s infancy of opening a new economy, a new government finding it’s foothold, and a military striving for competence.\u00a0\u00a0\u00a0<\/strong>
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Kaperoni (Dinar Researcher) –<\/span><\/strong>\u00a0Article:\u00a0 “A member of the parliamentary Economics expects improved financial policy for Iraq in 2016″\u00a0 Quote:\u00a0 “indicating that” policies that have drawn will lead to improvement in the financial situation of Iraq in the sixth month of the year 2016<\/em>\u00a0“.\u00a0\u00a0\u00a0This is an interesting article because [it implies]\u00a0what we have been saying for a while that once they let out the 50k note (end of this year), about mid 2016 they will be in a position to begin to float…<\/strong>
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Poppy3 (Dinar Intel) –\u00a0<\/span><\/strong>Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk…many guru’s try to imply that basel has to be met for the new rate. NOT TRUE AT ALL.\u00a0 ANOTHER BIG MISCONCEPTION IS THE GCR OR GLOBAL CURRENCY RESET… ABSOLUTELY A MADE UP EVENT. NEVER HAPPEN<\/strong>…EVEN CHRISTINE LAGARD STATED THERE IS NO SUCH TERM EVER USED AT WHAT THE IMF DOES.\u00a0\u00a0\u00a0SHE STATED SEVERAL CURRENCIES (PRIMARILY M E COUNTRIES THAT TRADE WITH IRAQ WILL POSSIBLY NEED TO ADJUST THEIR CURRENCIES UP OR DOWN TO MAINTAIN FAIR TRADE VALUES.\u00a0<\/strong>\u00a0[post 2 of 2]
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Movements in the backstage of the National Alliance for change<\/strong><\/span><\/h1>\n

\"AbadiBaghdad\/<\/strong>\u00a0Informed sources revealed the movements behind the scene of the National Alliance for change.\u00a0Haidar Al-Abbadi, Iraqi Government after the reforms announced by the crisis raised with its partners.<\/p>\n

Sources told Asharq Al-Awsat published in London on Monday over a \u201chindrance\u201d to replace the Prime Minister, that \u201cboth the Islamic Supreme Council headed by Ammar al-Hakim and Sadr movement led by Muqtada al-Sadr say that if so it won\u2019t come anymore one of Dawa party (led by former Prime Minister Nuri al-Maliki) Prime Minister.\u201d<\/p>\n

Sources disclosed that the verbal altercation between Al-Abadi of Maliki and his predecessor.\u00a0She explained that the latter last week went to the headquarters of Abadi \u201cbegan shortly after the shouting between the two men.\u00a0\u201cMaliki out of Office Abadi angry talking about who what he called traitors and agents of the English, in reference to the party leaders who were with him and turned to Al-Abadi, including Sadeq al-Rikabi, Tareq Najem and Walid ornaments (and three British citizenship).<\/p>\n

In context, said Prime Minister Haidar Al-Abbadi, he knew that some close friends they will be turned after the reforms. \u201d…<\/strong><\/em><\/p>\n

Read More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/em><\/p>\n

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Poppy3 (Dinar Intel) –<\/span><\/strong>\u00a0The other part of this plan was introduced to the world as Basel Accord, by George W. Bush in 2006 when he first introduced the idea of changes to world wide banking policy. This was a very good idea in my opinion.\u00a0THIS WAS JUST AFTER GWB WAS CONVINCED BY ALLEN GREENSPAN AND DICK CHENEY CONVINCED HIM THE REVAL OF THE DINAR AND PRE-NEGOTIATED RATE FOR THE US TO BUY OIL FROM THEM WILL ALLOW THE AMERICAN TAX PAYER NEVER HAVE TO PAY FOR THE WAR IN IRAQ AND CONVINCED HIM TO SIGN INTO LAW 13303 SO THE PUBLIC AND CORPORATION IN AMERICA COULD BUY DINAR.<\/strong>\u00a0( HE TOLD THE PUBLIC THIS SEVERAL TIMES).\u00a0\u00a0 [post 1 of 2….stay tuned]
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BGG –\u00a0<\/span><\/strong>Article quotes:\u00a0 “…announced Rafidain Bank on the use of cards ironing Card and MasterCard in employees and retirees pay the salaries. “adding that “retirees who are abroad now can receive and withdraw their salaries from any ATM in any country It is in it<\/em>.”\u00a0 ...it appears retirees can use their cards anywhere in the world – likely because of the MasterCard deal.\u00a0\u00a0 I doubt it automatically guarantees an “internationl rate”…it appears the deal with MC allows them access.<\/strong>
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Poppy3 (Dinar Intel) –\u00a0<\/span><\/strong>[September is history…especially with Parliament out till the 29th…\u00a0 …why the wait if they are in such a hurry?<\/em>]\u00a0\u00a0international banking rules and regulations they haven’t met yet<\/strong>…the international banking laws approved and met but their government and international rules keepers like the IMF, WB, UN FINANCE COMMITTEE. ETC ETC.\u00a0\u00a0…these are all things they are pushing as fast as possible daily now but governments and legals move slow in…regardless of the hurry. WE ARE IN GREAT PLACE AND OUR INVESTMENT GETTING MORE PROMISING EVERYDAY.\u00a0<\/strong>
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\"IQD<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 22-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3041 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 22-09-2015<\/p>\n

The\u00a0results\u00a0were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n29<\/td>\n<\/tr>\n
Number of\u00a0remittance\u00a0companies<\/td>\n11<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1166<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n207,554,813<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n207,554,813<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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Eagle1 (Dinar Guru) –<\/span><\/strong>\u00a0News out of Iraq…we have a report that Iraq passed the Anti-Terriorist Law and the Finance Responsibility Law…passed that,<\/strong>\u00a0and that wiped out a whole fistful of laws Maliki had on the the books that allowed him and his cronies to steal big time from the government.\u00a0\u00a0The International Investment Law was tabled until\u00a0next Monday, the 21st.\u00a0<\/strong>\u00a0Whether they take the vote or bump it out a few days, no one knows, but\u00a0what makes this law significant is the law has no teeth if we don’t have an RV, or a raise in value so that it is at least on par with the U.S. dollar where it’s got some worth to it<\/span>.\u00a0 If they don’t make the dinar at least on par to the U.S. dollar than this Investment Law really makes no sense.\u00a0\u00a0If they pass that law you can expect to see an RV. \u00a0<\/span><\/strong>
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tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Abadi made a statement a few days ago that he was not going to conduct business through the media…That has pretty much been the status quo of the top powers who count.\u00a0\u00a0Anything that is “market sensitive” which includes monetary reform is not going to be hashed out in public or through the media….\u00a0They may talk about laws and reforms but none of it will ever indicate outright that the currency will appreciate overnight in value.<\/span><\/strong>
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FrostyTheSnowman (Dinar Guru) –<\/span><\/strong>\u00a0…two questions on my mind.\u00a0 #1 – When will Dr. Shabibi be exonerated … including his trusted colleagues so they can return to work with honor?\u00a0 #2 – Where will the 12’s final chess piece land? (In Iraq’s favor … or Iran’s?)\u00a0\u00a0IMO — lock-up M [Maliki]\u00a0… and you lock-up Iran. Perhaps then will Dr. S be free to RV.<\/strong>
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BGG –\u00a0<\/span><\/strong>Your thoughts and beliefs on this post: “The HCL has nothing to do with what we need to look at. It’s not going to push anything forward or anything like that. The HCL has to do with the country federalizing and what they are going to do with oil<\/em>.”\u00a0\u00a0I agree…plus they have a “patch work” of oil laws that would work fine.<\/strong>
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\"IQD<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 21-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3040 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 21-09-2015<\/p>\n

The\u00a0results\u00a0were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n29<\/td>\n<\/tr>\n
Number of\u00a0remittance\u00a0companies<\/td>\n11<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1166<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n205,544,963<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n205,544,963<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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tlm724 (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “Parliament surprised by the government’s decision to withdraw 100 law including “federal” and “Service Board<\/em>“.\u00a0\u00a0 this is interesting…\u00a0there is controversy about the COM deciding to back burner these laws but\u00a0it was done to make sure the laws are up to speed with the reforms, the laws were done during Maliki’s term so I would do the same thing. PM Abadi obviously wants the financial laws front and center, as do we…<\/strong>
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Breitling (Dinar Guru) –\u00a0<\/span><\/strong>Wall Street Journal Article “Stalled oil project weighs in on Iraq<\/em>“\u2026is this going to be a curse on the dinar being revalued?\u00a0 No it is not\u2026it\u2019s completely the exact opposite.<\/span><\/strong>\u00a0 That\u2019s their play.\u00a0 That\u2019s their back door.\u00a0 That\u2019s they\u2019re way out.\u00a0\u00a0What does Iraq have that nobody else has?<\/strong><\/span>\u00a0 The Iranian Rial is at market rate.\u00a0 The Saudi currency is at market rate.\u00a0 Guess what\u2019s not at market rate?\u00a0\u00a0It\u2019s the Iraqi Dinar<\/strong><\/span>.\u00a0 It\u2019s a huge play.\u00a0 Huge plus for us.\u00a0 Huge plus for Iraq.\u00a0 They can make up for this stuff [glut of world oil\/lower oil revenue].\u00a0\u00a0They can double their wealth just by\u2026adding value to their currency that should be there in the first place.<\/strong><\/span>\u00a0 Ok, that\u2019s a great strategy, how do we know they are going to do that?\u00a0\u00a0It\u2019s what we are always looking at\u2026they are taking currency off the market.\u00a0<\/strong><\/span>\u00a0They are setting it up in order to do that.\u00a0 It\u2019s good news for us.\u00a0\u00a0It puts Iraq\u2019s back up against the wall to get them to use their number one option\u2026their currency\u2026their number one defense.<\/strong><\/span>\u00a0 And you and I are sitting on millions of it.\u00a0 That\u2019s what we\u2019re hoping for and that\u2019s what we\u2019re looking at.
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BGG –\u00a0<\/span><\/strong>Article:\u00a0 “Najiba Najib: adoption of the investment law will help solving the problems of the financial budget<\/em>” \u00a0First – when is the Investment Law coming and exactly where does this law come up with the revenue to make good and this budget problem?\u00a0\u00a0OK – “reportedly – the Investment Law is coming soon” and secondly – good news to hear Najiba Najib talking like this\u00a0but worth pointing out – she is the MP calling for an RV recently (value, increase, whatever you want to call it…).\u00a0 So there it is – soon and she’s calling for an increase in value – as an answer to their budgetary crisis…<\/strong>\u00a0[how much weight does she have on making them do what she wants<\/em>?]\u00a0 MP and sits on either the Economic or Finance committee…
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Sunday “Dinar Talk\u201d Call!!<\/strong><\/span><\/h1>\n

\u201cLive Q & A – w\/BGG\u201d
\nfrom Sunday 9\/20<\/strong><\/em><\/span><\/h1>\n

641-715-3639 pin # 570743<\/i><\/b><\/span><\/h2>\n

Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

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Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “Endorsed President Dr. Fuad Masum, the political parties law passed by the House of Representatives in 27 of last August, and while stressing the need to ensure the success of the national reconciliation..<\/em>.”\u00a0\u00a0THE PRESIDENT HAS CALLED FOR ALL LAWS TO BE RESOLVED AND\u00a0HAS SIGNED THE LAW OF PARTIES<\/span>…HE IS PUSHING FOR THE SUCCESS OF THE NATIONAL RECONCILIATION<\/strong>…HE IS PUSHING FOR ALL PREPARATIONS TO BE DONE.\u00a0\u00a0 HE HAS CALLED OFFICIALS TO WRAP UP WHAT IS LEFT OF NATIONAL RECONCILIATION PLANS–\u00a0AGAIN MAKING IT CLEAR…ALL LAWS NEED TO BE ENACTED.<\/strong><\/span>
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POPPY3 (Dinar Intel) –<\/span> I CAN GIVE YOU THE TIMEING OF THE NEW RATE ??? ARE YOU LISTENING??<\/strong> THE RATE WILL APPEAR THE DAY AFTER THE LIST OF REQUIREMENT GIVEN TO THEM AT THE MEETING 3 MONTHS AGO BETWEEN ALL GOI, PARLIAMENT , UN , WB, IMF HAS BEEN MET AND NOT A DAY BEFORE OR A DAY LATER. WHEN THEY MEET THE DEMANDS – BINGO THEY WILL RELEASE A NEW RATE TO THE GLOBAL MARKETS .<\/strong> WHAT A GLORIOUS DAY. POPPY3
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>Many…intel \u201cgurus\u201d are now telling you there are two windows of opportunity that the PTB are aiming at for the currency reform mid September and the end of September.\u00a0 I also believe these two alternative timeframes have been set for an RV.\u00a0\u00a0 Mid September is here and Iraq has not yet completed all the promises from the mid June conference.\u00a0They have decided to extend the effort for another 2 weeks to the end of September. So do not expect any RV at least until this timeframe.\u00a0\u00a0<\/strong>So they will now move to a new target end of September ending as their next date. Iraq is very close to accomplishing the needed tasks…\u00a0\u00a0They have less than 2 weeks to pass a couple needed laws but these are the most controversial ones.<\/span>\u00a0 But the good news they are acting now and now is finally the time.\u00a0\u00a0<\/strong>[post 2 of 2]
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\"gun<\/a><\/p>\n

Commercial Solicitation<\/em><\/strong><\/h4>\n

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Throwback Thursday<\/strong><\/span><\/h1>\n

\"Iraqi<\/p>\n

The Exchange Rate of Foreign Currency in Economic Feasibility Studies\u00a0<\/strong><\/h2>\n

Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.<\/p>\n

Estimate the shadow price of foreign currency:…<\/strong><\/p>\n

3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar<\/strong>.<\/span> This price should be approved for 3 years until re-appreciation by the competent authorities.<\/p>\n

Read More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong>
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If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! We couldn\u2019t do it without you!! Thanks \u2013 BGG!!<\/h2>\n

www.DinarUpdates.com<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"

Word for the day… Jeremiah 29:11 (NKJV) 11 For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope. Heavenly Father, Thank You … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3,24,17,5,18,26,23,4,21,20,22,25,19],"class_list":["post-11023","post","type-post","status-publish","format-standard","hentry","category-dinar-observer","tag-dinar","tag-dinar-corp","tag-dinar-detectives","tag-dinar-guru","tag-dinar-gurus","tag-dinar-recaps","tag-dinar-recaps-blog","tag-dinar-rv","tag-dinar-to-usd","tag-dinar-trade","tag-dinar-updates","tag-dinar-value","tag-dinar-vets"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-2RN","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11023"}],"version-history":[{"count":17,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11023\/revisions"}],"predecessor-version":[{"id":11025,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11023\/revisions\/11025"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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