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Millionday Saturday Night News Part 2
Millionday Saturday Night News Part 1
Tidbits From TNT Late Saturday Night
Reader Comments On The Fed & SDR Denominated Derivatives
News, Rumors, and Opinions on a Quiet Saturday Night
Tlar & Member Discussion On Budget & More Part 3
Tlar & Member Discussion On Budget & More Part 2
Tlar & Member Discussion On Budget & More Part 1
The below posts were in our 6pm newsletter
More News, Rumors and Opinions Saturday Afternoon
Backdoc at KTFA: "Time, Time, Time"
Frank26 and KTFA Members Thoughts Saturday Morning
Late Friday Night Jester Chat: " MarkZ, MC, and Get Prepared"
Saturday News Summaries by Aggiedad77 at KTFA
News, Rumors, and Opinions Late Fri.PM/ Early Sat. AM
BLC Admin Tlm724 News & Comments
Millionday Friday Night News
BLC Admin Shredd Comments On Bonds
© Copyright DRT Distribution, LLC All Rights Reserved

Millionday News 1/17/15  Part 2

Welcome to dinarupdates.com for news time with Millionday!

Millionday: NOTE -- SO AS WE KNOW DUE TO THE WAR ON TERRORISM AND ALSO THE MASSIVE AGREEMENTS BETWEEN THE IRAQ FEDERAL AND KURDS (UNIFIED GOVERNMENT) CLASHES HAVE RESULTED IN UNIFIED COUNTRY

Millionday: This will require the United States, first, to expend significant political capital to convince the Iraqi government to take steps it finds extremely distasteful and,

 second, to continue to discourage the KRG from undertaking actions that could be perceived as provocative by other Iraqis. 

By the same token, the United States will have to tolerate al-Maliki's efforts to reconcile with members of Shiite cleric Muqtada al-Sadr's movement, including "special group" militants who have American blood on their hands

Millionday: NOTE -- SO OBVIOUSLY IT WAS A GOAL TO NOT HAVE TO DEAL WITH MALIKI
~~~


Millionday News 1/17/15  Part 1

Welcome to dinarupdates.com for news time with Millionday!

Millionday: January announced the decision the House of Representatives, MP Imad Youkhana, Saturday, that the Presidency has decided to convene a special session to discuss the 2015 budget on Wednesday instead of next Tuesday.

Youkhana said in a press statement "reached from the Presidency of the Council of Representatives today to take a decision to extend the session next Tuesday to one day to give the parliamentary finance committee further discussions on the budget that the meeting be held next Wednesday."

He said the "extension is to give the Finance Committee more time to complete the discussion of the budget in order to be ready to agree to put on the agenda of the vote."

Millionday: NOTE -- THE BUDGET WILL NOT BE IN THE FORMAL MEETING FOR TUESDAY BUT WILL BE FOR WED (FORMALLY)
~~~


TNT:

Ishman: ISX Open and New York Stock Exchange Holiday: Coincidence?

It appears Iraq is trying to open their ISX on Jan 18, and we've been advised the RI is expected to be released concurrent with the re-launching of the ISX.

And the NYSE has declared a holiday for Martin Luther King Day on Mon, Jan 19.

This is a lovely coincidence.  If I were releasing the RI, this weekend would seem about as perfect as the PTB could desire, especially in the wake of the de-coupling of the CHF from the EUR.**

ExchangeToday:  OK midnight tonight is a great time or 2-4 am tomorrow!!!
.... 


READER THOUGHTS ON "THE FED & SDR DENOMINATED DERIVATIVES"

Matt McBride (@MattMhmmcbride) JANUARY 15, 2015 AT 9:59 PM  Hi JC,   Do you see a "controlled" derivatives explosion as the only way of clearing out the old to make way for the new SDR and SDR based derivatives?

I cannot fathom a way of unwinding the trillions in unstable USD based derivatives that does not cause some major pain for at least 2-3 TBTFs (Citigroup?)

JC Collins JANUARY 15, 2015 AT 10:15 PM   Like QE was a liquidity exchange, this could look something like a derivative exchange, with the contracts fragmented into high risk and low risk segments. The process could involve clearing the low risk and consolidating the high risk.
~~~


KTFA:

Aggiedad77: Timing...indeed timing....globe-trotting by PM Abadi at a time when the budget is due for a vote....Wednesday the 21st.....hmmmm....what could he be telling us....confidence in what is to come......or that the budget is a done deal...a no brainer.....(See Article Below)

I for one....not in any kind of minute believe that Abadi would be leaving home if he felt any concern with the budget....he has more integrity than that.....

I still believe a vote will happen on Wednesday....barring any other postponement of said vote.....interesting trail that is being created here for sure....worthy of watching what transpires.

And don't forget the meeting tomorrow between Abadi and the CBI governor.....what can they possibly be talking about on the eve of Abadi heading into London then to Davos.....my interest level is at an all time high.  Aloha   Randy
.... 


Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 3 of 3


Tlar:
      DWIGHT, excellent counterpoint. My problem in banks is how can any bank in this scenario affect only the debt side of this equation? By the way both you and Mike have come to logical conclusions but I still feel that everything will go down by three zeros to parallel the currency (physical paper) to mirror image this change. You can't pick and choose. 

Property, bonds, stocks, assets, debt, and I believe every electronic account such as bank accounts, loans, living items and living expenses, everything must be changed, to reflect the new rate.

 Again we can't pick and choose. All value will remain the same once adjusted. Salaries and incomes such as retirements, interest both passive and active for government, private and individuals will also be adjusted. Everything. Again you can't pick and choose. Again its makes for an interesting debate. Tlar
~~~


Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 2 of 3


Frank:
 This is an old article (Sept. - 2012) that is classified as Rumor.  It is related to a Retired State Dept. Economist that supposedly worked on the original plan to install a new monetary system for Iraq.  

The discussion regarding "circulated currency vs non circulated currency" prompted me to post this article, although many of you have probably already seen it.    

  In our 40+ year career as a Retirement Consultant we have been blessed to meet some very talented professionals. One of them is a retired State Dept. economist who introduced us to the IQD investment in 2005. He had worked on the original plan to install a new monetary system for Iraq after the 2003 invasion.

 He had originally indicated that the plan was for the IQD to achieve financial parity with the USD over a 7-10 year period from the introduction of the new system.

 At that time the USDs use would be completely discontinued and it would be replaced by the IQD for in-country use and international exchange. The variable factor in the timetable would be the political environment.


Tlar & CC Members Discussion On Budget / Rate / Stability & More Part 1 of 3

Rockstar:
  XXXX,  how much do you want to bet that when we see the budget that there still will be no RV?? I bet there is zero chance the RV is in the budget! Guru Lojak is gone and as you can see Tlar is back to analyzing and research and learned his lesson, they were questioned heavily about their Intel that was never correct and decided to disappear instead of man up per say!

 So no the one liners will not fly unless you are ready to back them up IMO. No one knows the date or rate on any forum period!!! The CBI will not and cannot RV this currency without the GOI being on board and that is WHY we have not seen the RV yet not because of the budget that every guru out their calls for every year sorry to be the bearer of bad news! 

Yes we do have some major banking and investment laws to be completed etc, and yes when the time is right most of these will be completed very quickly or in the basket as discussed. Until that time is right we All wait patiently IMO.
~~~


The below posts were in our 6pm newsletter

 

 

Backdoc:  IMO   TIME, TIME, TIME

PARITY OR CONSOLIDATING MAY BE THE STRATEGY OF THE EMPIRE!

WE ALL HAVE BEEN WATCHING A MAGNIFICENT DISPLAY OF POWER BY OZ!

(Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI)

WE SEE THE TWO BLACK GOLD CURRENCIES COME TWO PARITY WITHIN TWO TRADING DAYS AFTER IRAQ LOWERED ITS PRICE TO EUROPE AND RAISING IT TO ASIA! WOW!

THIS NOW ESSENTIALLY GIVES THE SAME PRICE TO EUROPE AS THE U.S.!

FOR AS LONG AS I CAN REMEMBER THIS WAS NOT THE CASE!
....


 

 

PappaJ:  DOC, I WAS THINKING ABOUT SOME OF THE THINGS YOU SAID ON YESTERDAY'S THREAD.....SOME THINGS YOU SAID CAUSED ME TO LOOK AT WHAT HAPPENED WITH THE SWISS FRANC IN A NOT SO OBVIOUS WAY. -------

IS IT POSSIBLE THAT WHAT WAS DONE WAS TO USE THE FRANC AS AN ARCH TYPE OF THE DINAR TO GAUGE MARKET REACTIONS TO SEE HOW IT WOULD REACT TO THAT TYPE OF A SHOCK BUT TO ALSO WATCH THE 2ND, 3RD,4TH 5TH TERTIARY REACTIONS SO THAT WHEN THE DINAR VALUE CHANGES THE GLOBAL FINANCIAL SYSTEM IS BETTER PREPARED?

 HERE IS MY REASONING---- FIRST I FIND IT REALLY STRANGE THAT THE IMF WOULD NOT HAVE KNOWN THIS WAS GOING TO HAPPEN( ESPECIALLY IF YOU SAW CL AFTER HER SPEECH THE OTHER DAY SHE WAS GRINNING LIKE A CHESHIRE CAT) SENSE EVERYTHING SO FAR HAS BEEN SO WELL ORCHESTRATED, IMO IT WAS A TEST!
....


 

Jester's Place:

Jester] WOO HOO... HI ALL... WE MADE IT... FUN FRIDAY...

[chasen] Jester my mom has a friend who owns a small bank with her husband. The friend told her the banks are undergoing major changes. Hmmmm!!

[LuCkYb] i believe now is the time people need to start with drawing there savings and checking accounts from large major banks , and crush them

[Jester] chasen HAS BEEN GOING ON FOR SOME TIME... THEY HAVE TO GET READY FOR BASEL III....

[LuCkYb] hsent it been for over a year now or two
....


 

 

aggiedad77 � January 17th, 2015, 11:10 am 

Saturday News Summaries and Commentaries

Quite a bit staring back at us this morning in the way of news already.....thanks guys....oil is in the news, the budget raises it's head again....corruption.....the Kurds....new noise about the Investment Law....bond purchases to cover the deficit....more dirt on Maliki.....and Iran has gas...LOL.....and to top everything off...the last tidbit of news IMO is the best....the dessert perhaps.

Energy Minister reveals his visit to Baghdad the day after tomorrow to discuss oil projects


Day after tomorrow, that would be Sunday since this was written on Friday....the Turkish Energy Minister will arrive in Baghdad for discussion pertaining to oil....oil pipelines specifically if this can be trusted....pipeline from Basra to Turkey perhaps tying into the Kirkuk pipeline to Ceyhan, Turkey....tho my experience tells me this is not likely....
....


 

 

Stage3Alpha:

R.V. / GCR January 16, 2015 at 9:56pm Confirmations ...bonds are starting to pay....thank you, you know who you are.

EXOGEN January 16, 2015 at 9:13pm  Bank Of America Fires Thousands

Bank Of America Misses Revenue By $2 Billion As Trading Revenue Collapses: Fires Thousands

Posted on January 16, 2015 by Dan    

http://www.infowars.com/bank-of-america-misses-revenue-by-2-billion-as-trading-revenue-collapses-fires-thousands/
....



 

 

Millionday News 1/16/15

Welcome to dinarupdates.com for News time with Millionday!

Millionday: THIS IS WHAT IS RUNNING ON ISX >>>>Sorry for the lack of updated prices during the session and that the presence of some reforms in the service prices.

Millionday: THEY OBVIOUSLY ARE MAKING SOME CHANGES PER ANNOUNCEMENT THAT THEY ARE MAKING SOME -- SMILE

Millionday: I LIKE THAT IT SAYS REFORMS -- SMILE

mrref1216: wow

Millionday: I AGREE - WOW    SMILE

Millionday: Last month Barcelona-based economics consultancy FocusEconomics launched an interesting new product-a survey of professional forecasters for the Middle East and North Africa (MENA) region. The section on the Iraqi economy is particularly useful given the lack of attention this subject normally receives.
~~~


 

 

Shredd:   This is a great article folks. When you see in the dinar world all the talk about "bringing investment into Iraq" and how important it is, this article is speaking of this.

The issuance of bonds is lending. Not lending to citizens tho. Lending to municipalities for infrastructure....schools, roads, community services, etc. Corporate bonds are also a part of this.

 Lending to corporations for expansion. 

Bonds by nature are low risk for the most part since they have fixed rates. BUT, bonds can be horrible investments if the market is or could be fluctuating substantially. What does this tell us? Well it tells us that there is confidence in the investment and repayment of these bonds.
~~~



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