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10am, February 17th, 2014    

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Our Blog Posts
NOTE TO OUR EMAIL SUBSCRIBERS:
Words of Encouragement from DebTarHeelGirl Mon. AM
Millionday News & Comments Part 2
Cuando un amigo se va - Sunday night Bluwolf post
A Farewell to a Good Friend-RIP Studley~Freeway Bill
Millionday News & Comments Part 1
Message from Soonerfan62
OkieOilMan Post From OOM&F Chat
The Passing of a Dear Friend of Dinarland
KTFA's Aggiedad77 News Headlines & Summaries
Sunday Night Rumors, and Opinions in Dinarland
Opinion From Tlar
The below posts were in our 6pm newsletter
"Global Forex Probe" Posted by WalkingStick at KTFA Sun. PM
More News, Rumors, and Opinions Sunday Afternoon
Sunday Morning Rumors and Opinions
© Copyright DRT Distribution, LLC All Rights Reserved

During our time of sorrow, lets stand together and not pull it apart. Realize that each person is different and will grieve in ways you may not understand.

Be patient and find ways to support each other. Disappointment and shock need to be expressed and released. Sadness and sorrow can be so heavy and paralyzing. You might struggle with this thought, but grief and anguish can be a blessing. 

No one can prepare you for a loss; it comes like a swift wind. A person that departs from this earth never truly leaves, for they are still alive in our hearts and minds, through us, they live on. May the soul of Studley rest in peace. 

Matthew 5:4 - Blessed are those who mourn, for they shall be comforted.

We extend our most sincere condolences to the Peter (Studley) Mendelsohn Family.  
....
 
 
    [millionday] , Mustafa al-Hashemi represents a reduction of dollarization in Iraq, one of the means of fixing and adjusting the payments system and the pillars of strengthening the stability of the monetary policy in Iraq, which must be accompanied by pronounced in the FAQ, stability and non-volatile, because that would also achieve economic stability.

 relates to the subject of the reduction of dollarization strongly Currency local and the extent of public awareness of the use of payment methods the most sophisticated way of cash such as expanding dealing instruments of banking and credit cards, while it was unlikely the deterioration of the value of the dinar in the current time to the presence of a cash reserve.
...

 
Cuando un amigo se va - Sunday night Bluwolf post

I knew Studley very well, he was like a son to me, he was a gentleman and a good friend.  His lost today and the news of his passing gravely has impacted my inner being creating a shock that will last my whole lifetime, my condolences to his family and love ones.
 
I just got a message for all of you out there, I do not wish to ever here that I have lost another one of you falling into pain or depression, there is a God who loves you and is at everybody's reach, go to Him embrace Him, listen to him. You can count with me I am here for all of you 24/7, be strong and be blessed that is all that is important. 
 
May you rest in peace my dear friend, I am deeply affected by your departure my you have found solace with your one true God. With all my thoughts and love to all. My only hope right now that this is but a bad dream.
 
Na'maste (be forever blessed)
 
Bluwolf
 
A Farewell to a Good Friend - RIP Studley ~ Freeway Bill

It was early in 2011 when I met Studley for lunch just a few miles from his home for the first time face to face after many telephone discussions.  I had not pictured him the way he appeared. 

 I walked in to find a tall, curly headed young man with a smile that could light up a room.  We had a great lunch and we talked about everything from his past business experience, his family, his thoughts about GOD, his financial issues regarding his house to his beloved dog FiFi.... We spent, what started out to be an hour lunch that ended up being about a five hour visit. 

We laughed a lot. We planned about all of the great things we could do to help people once the RV occured.  His heart was huge and we got along so well, it was like a visit with a brother from the beginning. 

He teased me about a mole I have on my upper lip and I joked about his "kinky" hair.  I will never forget that day as it started a long term close relationship that even with his passing today, will never end.
.... 

   News time with Millionday at dinarupdates.com By Rudie  Part 1
Comments may be made at the end of Part 2   Thank You

    [millionday] here we go

    [millionday] the meeting with barzani today went very well --- and i will bring what i have on that along with all other updates of course -- also

   [millionday] the market conference that was so full of the many tools needed to move from an emerging market to a developed market went on today as well and we will have news about that as well

    [millionday] we have read today that Basra has begun their journey to become an industry leader -- and the banner was put across the entry of basra to announce that as well

    [millionday] so here i go and brb with news --feel free to ask questions after the end of report -- just let her know  --   brb
...

 
[soonerfan62] GUYS I HAVE NEVER BEEN SO SAD SINCE I HAVE BEEN IN THIS GAME AS I AM TONIGHT.
 
I HAVE BEEN ON THE PHONE TONIGHT WITH GENERAL64, DEBTARHEEL, OKIE, FREEWAYBILL, LGTENNIS , PAPABEAR AND OTHERS AND I CANNOT BELIEVE THAT WE HAVE LOST SUCH A GOOD FRIEND AS PETER.
 
FOR THOSE OF YOU WHO DIDN;T KNOW THIS MAN HE WAS AS GOOD OF FRIEND TO ALL IN DINARLAND AS IT GETS.
 
WE ALL SHOULD BE GRATEFUL TO HIM OVER THE LAST 4 YEARS THAT HE KEPT US INFORMED THE BEST THAT HE COULD AND I FEEL THE LOSS AS IF HE WERE A FAMILY MEMBER.
 
OUR PRAYERS GO OUT TO PETERS FAMILY AND HE WILL TRULY BE MISSED. SOONERFAN62
....
 
10:26 PM [..OKIEOILMAN] GOOD EVENING FRIENDS. I WAS ON A CONFERENCE CALL JUST MOMENTS AGO AND WAS INFORMED ABOUT THE UN-TIMELY DEMISE OF STUDLEY.

STUDLEY (PETER) HAS BEEN IN THE DINAR COMMUNITY MANY YEARS AND IT IS A SHAME HIS DREAMS FADED AWAY BEFORE HE WAS PERMITTED TO SEE IT COME TO FRUITION.

THIS SHOULD BE AN OBJECT LESSON TO EACH OF US TO RECOGNIZE THERE ARE OTHER THINGS MUCH MORE IMPORTANT THAN AN R/V.

WE EACH SHOULD PAUSE JUST A MOMENT AND REFLECT ON WHAT IS REALLY IMPORTANT TO US, OUR FAMILY, OUR COUNTRY, OUR LOVE AND RESPECT FOR EACH OTHER AND ESPECIALLY OUR RELATIONSHIP WITH OUR SAVIOR.

I KNOW WHAT THE LOSS OF A SON DONE TO ME THIS YEAR AND IT WILL TAKE TIME FOR HEART DEEP WOUNDS TO HEAL. I WOULD ENCOURAGE EVERYONE AT THIS PARTICULAR TIME TO STOP WHAT YOUR DOING AND REFLECT ON WHAT SHOULD BE YOUR PRIORITIES.

 OUR PRAYERS FOR PETER'S FAMILY SHOULD BE FOREMOST ON ALL OF OUR MINDS AND THEN THINK ABOUT YOUR OWN FAMILIES, AND BE GRATEFUL THEY ARE STILL PRESENT ON EARTH. GOD WILL HEAR YOUR PRAYERS AND THANKSGIVING AND WILL SMILE----BLESSINGS GALORE
...
 
(Personal Note: Our sincere condolences and prayers are with Studley's family and friends at this very sad time ~The Dinar Recaps Team)
 
[wileymorgan] My dear Friends/Group Members, It is with heavy heart that we post this evening about the loss of one of our own.

The Generals64/Studley group has learned of the passing of our dear friend Studley. Please pray for him and his family on this sad occasion.

He was a good friend to all the group leaders and many of the group members.

May God rest his soul in peace and also give all the strength and fortitude to bear the irreparable loss. When we hear more from the family for those that want to send condolences we will find out and let the community know

With regards. Yours sincerely, Generals64, KCMana, 4th Time and Wiley

[wileymorgan] Here is the link to the post on our board:  
http://generals64.info/board/viewtopic.php?f=37&t=791
 
[wileymorgan] if you all would post your condolences on recaps for the family to see, I know we could all come together on this and let them know what he meant to all of us
Post From KTFA By aggiedad77 � February 16th, 2014,

Sunday News Compilations  --  Sunday News Summaries

Calls for the creation of a twinning between local banks and foreign

The Finance Committee from Parliament is asking the CBI to create a bank of twinning between local and foreign banks to promote Iraqi banking....in fact the committee demanded this effort by the CBI....

it should prove interesting to see where this "demand" goes.....the committee also wants this effort done ahead of any development of the Iraqi banking system....not sure who it is in the committee that is calling for such action...but give it a few weeks and watch the results...IMO.
...

 
KTFA:

NOVA
� February 16th, 2014, 8:37 pm  *   If I May Add My 2 Cents.

When The Governor Of The CBI A Few Weeks Ago At The Banking Conference In Dubai Said To The GOI, We Would Love To Help You Sell Your Bonds But You Need To Pass Your Budget First.

He Was Referring First, Of The Need In Having A Line Item In The Budget That Will Pay The Coupon On The GOI Bonds.

Second He Was Stating The Need To Pass The Investment Banking Law.

Among Many Thing It Will Empower The Banks In Iraq To Interact With The Public To Buy/Sell The GOI Bonds. Like Goldman & JP Morgan Here In The States That Buy/Sell US Debt.

One Last Thing, It Is Also Needed For OMO. Because OMO Is The Process Of Central Banks Sell Government Debt.

As For The Week Ahead I Pray We Are All Surprised By What Is Happening. Nova
.... 

 
Post From Dinar Daily By Ponee    OPINION PIECE FROM TLAR

*** COURTESY OF R.I ***

I have been operating on the belief that the PTB are interested in an RV, or at least a drastic increase in value of the currency, and stand to make a lot of money when it does. I no longer believe that to be true.

It looks to me like the PTB are happy to let it go along at it's present rate. Consider that Maliki, who favors a weak policy, has managed to stay in office as long as he has, and appears likely to stay in power longer. Consider that, in spite my assumption that the Iraqi money supply has been reduced, it has not.

(I just spent some time on the CBI website, where it states that the Current M1 is 71 trillion dinar, and the M2 is 86 trillion, I believe it said). Unless the CBI is lying, the money supply is increasing- not decreasing.

Tlar - First let me explain that what is important to us is the currency that is circulating in Iraq only. Bank accounts, loans and even the new smart card are not important to our investment.
...

The below posts were in our 6pm newsletter

 

Financial Times:  February 16, 2014 6:15 pm  Forex in the spotlight By FT reporters

Banks are braced for multibillion-dollar fines and years of litigation from a global probe

The annual Prime Finance get-together in The Hague is a rather arid affair, with a coterie of academics, lawyers and the odd banker gathering to discuss the finer points of jurisprudence in the international markets.

But at last month's event a trader spiced things up. "We'll figure out ways around any rules, so why do you think anything you're doing is going to make a difference?" the trader asked, according to an attendee.

The trader's words capture the cowboy mentality of some working in the murkier areas of the trading world, such as foreign exchange and commodities. But for all the bravado, it may be the mindset of a dying breed.

Over recent months, a fast-expanding global investigation into alleged collusion and manipulation among foreign exchange traders has rocked the forex units of more than a dozen large banks, raising fundamental questions about the way they operate.
.... 
Read More

 

TNT:

Too-Tall: CLAss...I have noticed in the past few days that "certain articles, video links, posts etc" that are outdated are suddenly "reappearing'. Not sure of the motive but does create drama especially if there is controversial content

Pursuitoftruth: I have a friend who has a friend high level at IMF and last week he was told exactly what Mountain Goat said in the past.... This has been an IT nightmare and things have not gone according to plan because of it. They also believed they are at the end of it.

SherlockDinar: Pursuit- is that really what your contact said??

Pursuitoftruth:  Yes. But I treat everything as rumor unless I see it confirmed elsewhere. But it does make a great deal of sense to me. I just look at Obamacare and see what a mess has been made of it.

Pursuitoftruth:  They also said that they are working on the new banking rules and system not the old. That is why they processed so many people prior to this because they did not do it with the new global system.

BrewBaby: Supposedly if FOREX does not come up till what is it 5 PM on Sundays, how are we to know if the GCR did or did not happen? Tomorrow is a holiday, do we really think we will have all the answers before Tuesday? Go enjoy your Sunday Folks, and God Bless!!
.... 
Read More

 

TNT:

Trapdoor:  That budget is actually great news for us! It is estimated that before Iraq started pulling in the three zero currency, there was just over 30 trillion dinar in circulation. That budget means they would have to create 6 times more currency, physically or digitally, to support that. In an emerging economy, that would be devastating and create a hyper inflationary event that they would never recover from.

Trapdoor: So, take that 174 trillion budget and divide it by 1166 (assuming only a 1:1 RV) and you get a more reasonable 147 billion dollar budget. At $3.50 it would be about 42 billion. I think that budget was written to reflect the rates they know are coming and will only have to readjust the numbers post RV.

Kuu:  another broke weekend.....anyone seen the elusive GCR? Another back wall date blown through? where are all of the providers? Oh well SSDD....

Trapdoor: People. There is NO BACKWALL. There never has been, there never will be. To look for one is the same as calling a date and time. This even will happen a shock the heck out of us all!

OhMaui:  are we in the midst of a historical weekend, but we just can't see it?
.... 
Read More


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