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10pm March 5th, 2015     

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Tlar    "The article implies that the zeros that are being deleted are not the zeros on the currency."  (More Tlar comments at the end)

Brule    Expert: delete the zeros supports the national currency and reduce inflation in the country

BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country. 
~~~


 

6 Things You Must Know About Financial Planners

Picking an adviser is like choosing a mate. Find the right match.

By Susannah Snider, From Kiplinger's Personal Finance

1. You must first do some serious self-examination. Identify why you think you need a financial planner. Perhaps you're going through a transition-say, you have a new baby or you're recently divorced. 

Maybe you need to update your retirement plan or get a reality check on saving for college. Do you require frequent contact with your adviser, or are you okay with annual updates? What is your tolerance for risk?
~~~


 

 

Mailman's thoughts on the  lower demons -  emailed to Dinar Recaps

Mailman17   NO WHERE IN HISTORY HAS A NATION RELEASED THEIR NEW DENOMS ONE BY ONE...EVER. 

THE SMALLS WILL COME OUT TOGETHER INCLUDING THE FILS AND 10 CENTS IS NOT AN OPTION IMO.   

 AS FAR AS THE 50 DINAR NOTE IS CONCERNED...ASSUMING THEY GET A RATE OUT WITHIN THE NEXT WEEK OR AT LEAST WITHIN THE SUPPOSED 60 DAY MARK, I DO NOT SEE CASHING THEM IN AT YOUR LOCAL BANK WILL BE A PROBLEM...

ON PAR HAS ALWAYS BEEN THE PLAN FROM DAY ONE. 
~~~


The below posts were in our 6pm newsletter
Dinar Updates:

Poppy3  IF YOUR REMEMBER DR SHABIBI STATED SEVERAL TIMES IRAQ WOULD HAVE AND CAN SUPPORT THE HIGHEST RATE IN THE MIDDLE EAST AND THEY ARE CONFIRMING AGAIN JUST EXACTLY WHAT HE STATED LONG AGO. 

 BY THE WAY THE HIGHEST IN THE MIDDLE EAST ALSO MEANS THE HIGHEST IN THE WORLD BECAUSE KUWAITS IS THE HIGHEST.

THIS IS ALSO WHY POPPY3 HAS ALWAY SAID $3.00 PLUS WILL BE THE INTRO RATE.

NOT ANYTHING LOW.

LOW RATES JUST WILL NOT WORK FOR THEM TO ACCOMPLISH ANY OF THE THINGS THEY HAVE SAID PLAINLY THEY WILL COMPLETE INTERNATIONALLY. 
.... 


The Big Call for Thursday March 5, 2015  3/05/15 is at 9PM ET

We will discuss the latest about the economic reform occurring throughout the world... our upcoming network for future calls (TGRN.net) ...


and talk about how to be ready for our exchange. Join us tonight to be part of the discussion.
 
Listen Only line: 530-881-1150
Q&A Line:          559-726-1150
No access code is needed for either line.

Playback number: (559)726-1159
access code 123456#
Link will be given to Dinar Recaps following the call.

Thank you for posting. We appreciate Dinar Recaps for the wonderful effort they make.

The I.Q.D. Team Connection with Straight Talkin' Mike, L.J., Diana, Debbie & Kimberly
Investigate, Question, Deliver  "Connecting ALL The Pieces"

Conference Call - Thursday, March 5, 2015   8PM EST

Call in Number: 760-569-7676 / Pin: 769478# or
Back Up: 760-569-7676 / Pin: 712222# (listen only)
 
Join us tonight as we continue our mission to Investigate, 
Question &  Deliver the "Straight Talk"

"CONNECTING ALL THE PIECES" with all the UP TO THE MINUTE IRAQ NEWS related to Iraq, Economy, Dinar, CBI, Govt & the RV... Pre & Post RV...Followed by Live Q & A

Every Tuesday & Thursday 8PM EST

Stage3Alpha: 

Dr. Mark  > The CBI is beginning to plan for payment on multiple fronts as demonstrated by Bandito and a few others on this site.

 Payment means activation of the budget pure and simple!!!

The articles on subsequent pages are from the CBI stating they are going to begin to pay the oil companies that are owed Billions.

Activation will indicate a rate.  I believe the rate is MUCH HIGHER than the 1:1 the economic advisor indicated in the article above.

Now, we still don't have a rate or a date but this is in INK!  

This weekend will be very interesting as if they plan to pay their citizens on Sunday... then theoretically we could have a rate....IMO

.... 


aggiedad77 � March 5th, 2015, 12:32 pm 

Thursday News Summaries and Commentaries 
Baghdad sent 400 billion dinars for the month of February for the Kurdistan Region

Time to exercise caution in reading article titles....the title says "sent money...but the article actually says "hopes to send"....if I had a $1 for every hope that I ever had...I "hope" I would be a millionaire....LOL.....regardless of the semantics...it would appear that the Finance Committee may be considering an additional sum to be sent to the Kurd region for the month of February....who knows how much will go that way.

Exxon Mobil is in talks with Iraq to restructure the oil deals

Exxon Mobil is at the negotiating table with Iraq now.....working on restructuring of oil contracts.....while the oil company recognizes the issues with liquidity that Iraq faces today....they say that any new deal will have to be a proven benefit for Exxon as well.
....


Thank You Tlar for sharing your perspective with DinarLand

Tlar    "Scooter: there's approximately 4 trillion in hard currency"   "Scooter: Saleh just reported that one"

I would like to make a couple of comments here.  If you believe Scooter is a good researcher and reliable witness then he is verifying that there was 4 trillion dinars in circulation in early 2012 as told to us by Saleh, that I have been referencing also since early 2012.   

Saleh did not say circulating in Bahgdad as Scooter referenced above. Saleh made a blanket one time only reference to circulating dinar, and it has always been my belief that either he or Shabibi realized that this was a mistake to say anything at all so it has never been eluded to again.

 This number gives us and smart Iraqi's a beginning number with which to approximately tract how much currency is left at anytime.  During this period there was an ebb and flow to the dinar.  
~~~


 

Thank You My Ladies for Allowing Recaps to Share this today:
  BaNDIToRoX:  Like Nova has said a Dinar is a Dinar

Expert: delete the zeros supports the national currency and reduce inflation in the country

BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country.

Sumaisem said, in a statement to "Ein Iraq News", "delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
.... 


KTFA:  

walkongstick :   Source at the Central Bank: banks will begin the implementation of remittances to their customers starting next Sunday

Editor Alaa Hassan - Thursday 5 March 2015 15:41

A source in the Iraqi Central Bank, on Thursday, the banks will begin the implementation of remittances to their customers starting next Sunday, noting that it came after the completion of all the procedures and mechanisms by banks.

The source said in an interview with Alsumaria News , "The banks will begin implementing remittances to their customers starting on Sunday 03/08/2015. " The source, who asked not to be named, said: "This came after it was complete all the procedures and mechanisms by banks."
....


ECONOMICS

THE REDBACK REVOLUTION

MARCH 5, 2015 JC COLLINS

How China Is About to Flip from Trade Exports to Trade Services    By JC Collins

The Made In China label became a symbol of economic production lost in the western world alongside the rise of cheap labor and goods from the emerging economies. 

The cultural meme of "everything made in China" became common and could be heard at any given moment, anywhere in the developed world.

Whole industries and business models were built around the economic methodology of exporting cheap goods.  Such as numerous chains of dollar stores, and brand name clothing outlets, which manufactured products in the Chinese provinces with the lowest labor costs, and then sold the goods at inflated prices to the developed world.
~~~


Jester's Place:

[Jester] HI YA MODS, PEEPS, LURKERS, AND CRITTERS... HAPPY WEDNESDAY...

[ifly] Jester hi glad you're here! We still in a time frame?

[Jester] ifly I DO NOT DO RATE AND DATE... AND THE REASON IS THAT NO ONE KNOWS THAT ANSWER...

[CatInTheHat] Jester .Not sure of the structure of this chat, but do you have an opinion of the bank stress test results today

[ifly] Jester absolutely, its not on a timer or deadline, let me ask it the way you express it: did Iraq sign off so to speak, so that the timeframe may be extended a week?
....


 

Dxxx:  I would think that the entity that demonetized Iraq's currency would be the very same entity that has the power/control to re-instate their currency...so although Iraq says they have given the green light, they are still waiting on BIS/IMF to hit the switch.   SO CBI would be coordinating with BIS to get this show on the road

MY LADIES:  Dxxx THE UN HAS TO RESTORE THE CURRENCY

Dxxx:  Yes, ML...point being, CBI can't do it w/o an outside entity saying so

MY LADIES:  OH RIGHT Dxxx...

Dxxx:  so we should be looking for articles as to what the UN is doing in the coming days...or do they post their activity?

MY LADIES:  THEY DON'T POST, IT'S JUST FOR OUR KNOWLEDGE, THE UN IMPOSED SACTIONS AND THE UN CAN TAKE AWAY

I THINK 3 THINGS WILL HAPPEN AT THE SAME TIME


THE BIS WILL SAY GO

THE UN WILL MAKE AN ANNOUNCEMENT OF IRAQ HAVING THEIR CURRENCY BACK

AND IMF WILL FINSH ARTICLE 8 COMPLIANCIES

Dxxx:  But U forgot 1 thing-WHEN????

MY LADIES:  CRYSTAL BALL IS STILL FOGGY

Stage3Alpha:

Posted by BaNDITo RoX  on March 5, 2015 at 8:22am

Source at the Central Bank: banks will begin the implementation of remittances to their customers starting next Sunday

Editor Alaa Hassan - Thursday 5 March 2015 15:41

A source in the Iraqi Central Bank, on Thursday, the banks will begin the implementation of remittances to their customers starting next Sunday, noting that it came after the completion of all the procedures and mechanisms by banks.

The source said in an interview with Alsumaria News , "The banks will begin implementing remittances to their customers starting on Sunday 03/08/2015.
" The source, who asked not to be named, said: "This came after it was complete all the procedures and mechanisms by banks."
.... 


The below posts were in our 10am newsletter
Saleh: the new mechanism for the central fill proportion of the state's needs

[tlm724] "correct and transparent and will help to move the cash flows, including blocking the part of the State's need, at this juncture,"

[tlm724] that the tax collection and Alkmarki in advance, which will result in monetary mass and liquidity rather than delay the collection of taxes and customs that had been in place previously.

[RSP1] *wow*

[tlm724] getting that tax system ready to bring in the dough, this month 

[tlm724] that the legal activate customs tariff and consumer product related to the prevention of some of the goods in terms of quality and damage is important for the success of the industrial sector and activate the protection. 
~~~


Millionday news 3/4/15   Part 2

Royal: If the new phase is so great and the budget can support everything , green light given ,do the news papers there report all this to the general people they should be screaming at them to get it done

Millionday: THE WAY I SEE IT IS THAT THEY ARE VERY EXCITED WITH SO MUCH HOPE ACCORDING TO WHAT WE HAVE READ -- SO I THINK THE SCREAMING HAS ALREADY HAPPENED AND NOW THEY ARE HOPEFUL AND LOVING THE DIRECTION THEY ARE HEADED --

Millionday: THE GLASS HALF FULL IS ALWAYS BETTER MY FRIEND
~~~


Millionday news 3/4/15   Part 1

Millionday: Showed the central bank governor on the Keywords, on Tuesday, was surprised at the statements of some officials about the low reserves of hard currency, 

stressing that Iraq does not suffer from any decline and has good revenue and there are no concerns, as pointed out that the Iraqi dinar is covered at 150% of the Currency difficult.

Millionday: NOTE -- CBI IS DENYING ANY PROBLEMS WITH BACKING THE DINAR VALUE - NICE

Millionday: Alak said in a press interview, said that �the level of coverage of the Iraqi dinar from the hard currency reserves of 150%�, surprising at the same time �of statements by some officials of the non-bank on low reserves of hard currency�. 

Keywords He added that �Bank reserves hard currency is very good and does not suffer from this problem and will not suffer, considering that Iraq has an important source of resources to the dollar, a crude oil sale

Millionday: NOTE -- TODAY THEY HAVE STATED THAT THEY ARE READY AND HAVE DECIDED TO USE THE SDR AND GOLD AND THE US DOLLAR TO BACK THE DINAR VALUE -- VERY SECURE ACCORDING TO THAT REPORT
~~~


 

HI ALL

AND THEY'RE OFF! THE RACE HAS BEGUN, OR WILL TONIGHT WHEN ASIA OPENS FOR BUSINESS.

AFTER A FEW DAYS AT THE MAJOR CONFERENCE IN BEIJING ON THE NEW BANKING SYSTEM AND ANTI-CORRUPTION AND ALL THAT, THE END OF THIS THREE DAY CONFERENCE IS TODAY IN CHINA.

EVERYBODY WILL BE BACK AT WORK AND PERFORMING ON THE RELEASES THAT WERE BLESSED A COUPLE OF DAYS AGO.

MANY MANY PLATFORMS, BANKS, OFFICIAL AGENCIES AND THE ODD BLACK HAT HERE AND THERE ARE GOING FULL BORE ON THE HISTORIC ASSETS NOW.

SINCE THEY WERE GIVEN THE RELEASES, ALL OF THE ABOVE ARE EXTREMELY ACTIVE RIGHT NOW AND IT IS TRULY A SIGHT TO BEHOLD.
....


 

KTFA:

walkingstick � March 4th, 2015, 5:10 pm 

The latest federal documents
  2015 BUDGET PRINTED.........

The general budget of the Federal Republic of Iraq for the fiscal year 2015 Law No. (2) for the year 2015
InFederal Planning and Economy

Posted: 2015 Feb 16   LINK TO 2015 BUDGET 

PDF......   http://www.iraq-lg-law.org/en/webfm_send/1574
.... 



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