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6pm, February 16th, 2014    

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"Global Forex Probe" Posted by WalkingStick at KTFA Sun. PM
More News, Rumors, and Opinions Sunday Afternoon
Sunday Morning Rumors and Opinions
The below posts were in our 11am newsletter
Millionday News & Comments Part 2
Millionday News & Comments Part 1
Short Jester Chat at Jester's Place Late Saturday Night
Saturday Night Dinar Chatter (On a Really Quiet Night)
"The Green Thing" Emailed to Recaps
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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Too-Tall: CLAss...I have noticed in the past few days that "certain articles, video links, posts etc" that are outdated are suddenly "reappearing'.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

The below posts were in our 11am newsletter
    [millionday] end of report  so this is saying  that they want to be heard and they want the citizens and their given number of votes that moving to a democracy gave them on all issues they want to count -- they also want respect to their governor in solving issues that they are having in the area

    [millionday] the police they have -- should be getting more respect and they also should be acknowledged for the success of calming in the region during all the fighting -- instead of others being given the pat on the back --

   [millionday] they want the needy to be helped and they also want to stop the cut off from the nation due to all the reports to stop
...

Post From Dinar Updates By Rudie  Part 1

Comments may be made at the end of Part 2  Tank You

    Welcome to dinarupdates.com news time with Millionday!

    millionday] ok first  tomorrow is the 16th and it is the date of a huge press conference so we will have some major announcement and we dont know what it is but  - CBI and leaders and financial ministers will be there and part of it as well as others

    [millionday] so i will be watching it and make sure we are informed of what it is  smile

    [millionday] here we go  >>> Ministry of Planning on inflation confirmed the height, but the outlook confirms that the next term will see a significant decrease due to the improved situation of the Iraqi currency and an increase in oil revenues.
...

[Jester] HI ALL YOU CRAZY DINARIANS.... HAHHAHAHA....

[lulu] Jester, I read that Iraq has settled on a hundred trillion something budget What!?????? And what does that mean to us ?

[BocaLinda] Lulu wow that sounds like current rate...

[Jester] lulu WHERE DID YOU READ THAT? A DINARIAN WEBSITE OR A LEGITIMATE IRAQI SITE?

[lulu] Iraqi press

[Jester] lulu GOT A link?

[lulu] Looking

[lulu]   http://www.iraqinews.com/business-iraqi-dinar/01-state-budget-exceeds-iqd-1-trillions/#axzz2tPO6JqHs  Yay I saved it
.... 

KTFA:

zerb � February 15th, 2014, 

JUST A LITTLE REMINDER BROTHERS AND SISTERS IN CHRIST!
Remember what VILLA...NOVA said on emergency call on Hump DAY:

It's as simple as this...as we speak...They are sucking all the IQD's completely off the streets...which will in turn drive the demand for the IQD...in combination with what they are telling citizens on IraqiTV, why they are doing this...the value of the dinar is going to significantly INCREASE!...and the volatility of the dinar is going to increase in the market...

JUST Watch the CBI for NEW RATE in the new box!

I-TEAM SAYS: WAIT FOR IT!

imo 16th and the next 30 days looks very very promising...FIRE IN THE HOLE
Take it to the Father in prayer...
.... 

 
Being Green  

Checking out at the store, the young cashier suggested to the much older woman, that she should bring her own grocery bags because plastic bags weren't good for the environment.

The woman apologized and explained, "We didn't have this 'green thing' back in my earlier days."

The young clerk responded, "That's our problem today. Your generation did not care enough to save our environment for future generations."

She was right -- our generation didn't have the 'green thing' in its day.

Back then, we returned milk bottles, soda bottles and beer bottles to the store. The store sent them back to the plant to be washed and sterilized and refilled, so it could use the same bottles over and over. So they really were recycled.

But we didn't have the "green thing" back in our day.
.... 


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We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.  Our Blog posts are e-mailed in this Recap Newsletter.  

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