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10pm January 21st, 2016

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Table of Contents


  
Sovereign Man  Notes From The Field  By Simon Black
January 15, 2016   Santiago, Chile 

Two Technologies That Are Revolutionizing The Financial System
 
Eight centuries ago as Marco Polo traveled across the vast dominion of the Mongolian Empire, he encountered what few westerners had ever seen. 

One of those astonishing experiences was how the Mongols happily and willingly used paper currency. 

Marco Polo was so intrigued by this that he devoted an entire chapter in his famous diaries to the Mongolian monetary system. 

Back then, Kublai Khan's imperial mint was located in the city of Kanbalu, part of modern day Beijing. 
~~~

Post From Currency Chatter
Currency Chatter Member Discussion 1-21-16
 
G-Lin: Said economic analyst David Zayer said the US dollar against the Iraqi dinar in the country, not the real price.
 
Zayer said that "the dollar exchange rate since 10 years is supported by the Central Bank of the dollar, which is pumped in and the market determines the price, this is not the real price, and is supposed to be now costs 1500 dinars to the dollar."
 
Zayer said that "the decline of the dinar against the dollar is the beginning of its collapse under the difficult financial situation of the country, because there was enough money to support the dinar and now that the lack of money in the real exchange rate began to appear."
 
He noted that "the government must lift the support of the dinar, and that depends on the real price in the market, in order to avert the depletion of a commodity currency is an economic reality and shows the real strength of the dinar."
 ~~~

  
WEALTHWATCH  1-21-16
Post From Wealthwatch.world  Chat Room
 
OOTW: SO BUTIFLDRM AND I ARE GETTING BOMBARDED WITH ARTICLES THAT , AT FIRST READ, SEEM TO STATE THAT THEY ARE NOT IMPLEMENTING THE TAXES AND OR TARIFFS

OOTW: THIS IS NOT THE CASE
OOTW: HERE'S WHAT'S REALLY HAPPENING
 
OOTW: REMEMBER BACK IN 2015 WHEN THE 2015 BUDGET SAID THEY WERE GOING TO IMPLEMENT THE TARIFFS?
 
OOTW: WELL, AS WE KNOW THEY DIDNT DO THAT
OOTW: AND THERE WAS MONEY THAT WAS SUPPOSED ACCRUED FROM THAT
OOTW: BUT IT WASN'T  OOTW: SO NOW THE GOVT IS FORGIVING THAT DEBT 
 ~~~

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

Rcookie   Article quote  "Reconsider the purchasing power to do his Iraqi and make them equal to the rate of purchasing power for the countries adjacent to Iraq..."  

Q: [DOES THIS MEAN THAT IF KUWAITS MONEY IS WORTH 3.40 THAT THE IRAQI'S DINAR NEEDS TO BE THE SAME? OR SAME IN KIND?]  

Rcookie: HE IS IDENTIFYING THE VERY POINT OUR MR WHITE [wmawhite] IDENTIFIES IN THE LIST OF REGIONAL CURRENCY VALUES OF IRAQS
NEIGHBORS...AGAINST IRAQS VALUE...AND WANT TO INCLUDES THEIR TRADE PARTNERS VALUES AS WELL.  ...

THERE ARE MANY CONTRIBUTING FACTORS...NOT JUST THE CBI THAT PLAY INTO THEIR REAL CURRENCY VALUE INCLUDING CONSIDERATION OF BEING IN PARITY OR BETTER THAN THEIR NEIGHBORS & TRADE PARTNERS.
....
 
Post Emailed To Recaps

Mailman17   AS OF TODAY, IRAQ HAS 90 TONS OF GOLD IN ITS RESERVES WHICH REPRESENTS 4.6% OF THEIR FOREIGN CURRENCY RESERVE......


I WILL LET YOU READ THAT STATEMENT AS MANY TIMES AS NEEDED TO SQUELCH ANY DOUBT THAT THEY CAN MORE THAN EASILY BACK A 1-1.
 
THEY ARE RANKED 37TH AMONG THE TOP 100 NATIONS.  
 ~~~
 
KTFA:

Aggiedad77:  Did you like your conference call Family....well I hope you like your notes too....enjoy   Aloha  Randy

*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***

CC Notes for Wednesday 01-20-2016

Frank26:  Let's get into the study of the Iraqi dinar.

Family, Iraq is in a situation that I wouldn't want you to be in....they are in a situation that I would not want to be in myself. What that situation is Family is a lack of money....a lack of funds....a lack of liquidity....
....
TNT:

lilypad :  f26 says legally have until end of June but Delta and f26 says no way country will wait until then. Maybe can make it to the end of Feb or First of March economically. They also say Iraq will get rate first and will function a while monitored before article 8 lifted and rates go international.

 F26 also says rial and dinar will go together with dinar leading way. Some 20 cirriencies in basket now. This was not his opinion. Very emphatic

okrocks : 01/21/2016 01:39:00 Issued number (4394) of the Gazette of Iraq, and ensure that the federal budget of the Republic of Iraq for the fiscal year 2016 Act, which passed the House of Representatives and endorsed by the Presidency of the Republic. http://www.moj.gov.iq/view.2096/ this is where it is posted
....
 
Sovereign Man  Notes From The Field  By Simon Black
January 14, 2016   Santiago, Chile 

Becoming An Expat Was The Best  Decision I Ever Made

I had a bit of a housewarming party a few days ago with a pretty diverse group of friends, many of whom had moved here to Chile from foreign countries. 

One girl that I know is a tattoo artist from New York. 

Now, back in the United States, she has a great reputation as a phenomenal tattoo artist. 

But in New York, and in the US in general, she is a phenomenal tattoo artist among many other phenomenal tattoo artists. 

Down here, however, she is far and away the BEST tattoo artist in the country. 
~~~
 
 
Post From Peoples Dinar
Stevel & Members Wednesday Evening Discussion 1-20-16
 
An invitation to link the Iraqi dinar to the global economy
LJWalls  said:    I guess the question now is how long it will take for Iraq to make this move. I'm in for the long haul - but it's been pretty long already!! LOL
 
Stevel:    This depends on the Mosul success with ISIS. They cannot do this and leave out the Kurdistan region. Just not going to happen. They need to close the border and get the lower currency in the banks. You can not move money into a war zone.  I hope this helps.   Steve
 ~~~
 
The below posts were in our 10am Newsletter

Millionday Wednesday Night News Time 1-20-16  Part 2 of 2

WELCOME TO DINARUPDATES.COM FOR MILLINODAY NEWSTIME

Millionday: NOTE -- HE IS OBVIOUSLY PUSHING FOR UN SUPPORT WHILE THEY MOVE FORWARD -- NO BLOCK IN THE ROAD NEEDED FOR IRAQ

in this meeting a number of issues and files of common interest, and demanded sovereignty of the international organization to put pressure on countries to find a global and appropriate mechanisms to prevent solutions without causing economic problems because of lower oil prices, and play a greater role to provide support and assistance to the Iraqi people and the Kurdistan Region to re-displaced to their areas liberated.

Millionday: Vice President of the Council pointed out that the instability in Iraq will certainly affect negatively on the situation in the region, Europe and the whole world, also pointed to the existence of a financial and economic crisis in the region for non-salary payments for several months, which has made conditions there much worse and this requires the United Nations and the international community stepped in to address this situation difficult as soon as possible.
 ~~~
 
 

Millionday Wednesday Night News Time 1-20-16  Part 1 of 2

Millionday: GREAT TO SEE ALL OF YOU - AS YOU KNOW THERE IS A LOT OF NEWS GOING ON AND WE AS A GROUP ARE TRYING TO INFORM YOU WITH ALL'

RESEARCHERS ARE WORKING HARD AS WELL AND OUR MODS AND COPIERS ARE WORKING OVERTIME AS WELL
 
Millionday: SO DON'T FORGET TO CHECK OUT THE FORUMS AS WELL AND LISTEN TO THE CALLS -- WE ARE A WORKING GROUP AND THANK YOU MEMBERS THAT TOO ARE ADDING TO THE INFORM
 
Millionday: Prime Minister Haider al-Abadi, Wednesday, to Switzerland to participate in the Davos World Economic Forum. He said the Information Office of the devotional in a press release,
 ~~~
 
 

Source wants to stay anonymous:  TL

Asian markets got hammered. EVERYTHING RED!!  ASIA DOWN , down hard!! US dollar strength is strangling US export trade.

Japanese YEN strengthens as safe haven against an increasingly over- valued US dollar. Saudi Arabia suspends currency rial futures trade! Futures for European and US stocks DOWN big time! Oil decline continues down until at least 2017.

Shell Oil profits plunge by 50%! Not a single stock in German and French stock markets is up! ALL MARKETS are down and now declared officially as bear markets!

Axel Weber at UBS states that China has "plenty of ammunition" to weather this financial storm! US treasuries are down across the board. This massive "global deflation" has no bottom and THIS the MAIN topic at Davos!!!
....