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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Thursday AM Chat 6-23-16 Part 2 of 2
rcookie says():IMF: Britain's exit from the European Union will boost the dollar
An economy Since 2016-06-23 at 08:20 (Baghdad time)Follow up-scales news
Director of the International Monetary Fund, said Christine Lagarde, probably Britain's exit from the European Union, will enhance the value of the national currency ".
Lagarde said that "Britain's possible exit from the European Union will have some impact on the economy of the United States. For example, affect trade, but more on financial assistance, this is the real impact. "
Her comments came as identical to the concerns expressed by the Director of the US Federal Reserve system, Janet Yellen, earlier, and that funders will use the dollar as "port lifeboat" acceleration of financial flow conversion to dollars and will increase the demand for dollars to raise its value to other currencies, which makes American goods not competitive compared to other countries goods in world markets.
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WingIt:
Oscar: If China or anybody else was gold backed we would know it- pure and simple
Toolfan4: oscar its all just a way to apply pressure...thats it....its all important in its own way. china may not be publicly gold backed but things like bonds being able to be paid in gold is a indicator something is going on....and that went into effect the 16th, same day as supposedly gold back
Dr. Mark: Hey Folks! Toolfan, I tend to agree. You cannot honor bonds/debt with gold and not your day to day business transactions. Either your currency is supported by assets or it is not. Now, why no one is talking about asset backing debt and not day to day cash is beyond me. Just an opinion.
BlackeyePea: Brexit will be manipulated by the PTB..IMO China is already gold backed.
Nothing else needs to be done. All we await is for this to be forced in.....You all know that. You know who is having to be forced
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Thursday AM Chat 6-23-16 Part 1 of 2
jd says():GM
rcookie says():GM...
DIGIman1 says():gm cookie
jd says():Does anyone know what time (our time) that the Brexit vote will take place today?
rcookie says():BREXIT VOTE IS ONGOING....
..........
Thursday 23 June 2016 | 10:49 | BAGHDAD / ... announced Salahuddin Governor Ahmed Abdullah al-Jubouri, on Thursday, the transfer of the powers of the ministries to the local government of the province.
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Post From BondLadys Corner
BondLady & Tlm724 News & Comments 6-23-16 Part 2 of 2
Pope shows his support to bring the Iraqi Marshlands to the World Heritage
History of edits:: 06.23.2016 10:47 {Baghdad: Euphrates News} expressed the Pope, for his support to bring the Iraqi Marshlands to the World Heritage list.
The head of the Iraqi delegation on a visit to Rome is to deliver a message the president to the pope, Qahtan al - Jubouri, told {Euphrates News} "We met yesterday Pope of the Vatican and delivered him a letter from the President urging him to support Iraq in signing the historic cities and marshes on the World Heritage List."
He stressed " the meeting was excellent and showed the Pope Vatican willingness to support the file".
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Rate of Arab and foreign currencies compared to the Iraqi dinar (post for BL)
tlm724 Rate of Arab and foreign currencies compared to the Iraqi dinar
June 23, 2016 BAGHDAD - The Journal News
Prices reached Currency Exchange, on Thursday, according to what we have received from Chierfat in Baghdd as follows:
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WSOMN:
Lostnq8: per fox - bookies betting that britain will stay in the EU - word on the street is 50/50 so hard to say what is happening - BBC advertising to stay.... we may know by 10pm tonight - expecting major market impacts if they leave and nothing happens if they stay
Herb: The EU is like the FED they like to control. The RV will alloweach country to use their own currency at a fair value that is what it is all about...
Zeejaybee: A perfect storm... she's a brewin' check this out.... the cabal cannot prop this market up forever
Link
Zimber: MORE AND MORE COUNTRIES USING YUAN FOR CURRENCY RESERVES.....
Link
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The below posts were in our 6pm newsletter
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KTFA:
Aggiedad77: Oh the volcano erupts and blows the top of the mountain off.....IMF loans paving way here it seems for Iraqi inclusion with international standards..(see article below) ...what has Frank been teaching the last 3 or 4 CC's.....this very idea.....IHO....well here it stands before us today.....waking up and finding oneself engrossed in an international system.....working within international standards.....
Rest assured that the IMF does nothing on a lark......they are like a bank.....they want a return on their investment....these loans they make to Iraq......they know they must hold "junior's" hand.....excuse me his ear.....to make sure he walks as he is supposed to....that he not only washes his hands and face....that he washes behind his ears too.....that he brushes his teeth and combs his hair......
March to the IMF tune they will if they expect to get these loans......march into the implementation of international standards.....they must......the BEST is yet to come.....soon. Aloha Randy
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WSOMN:
KLS: Confused w/ AdminB post we will get SKRs with our appointments. How do we get to our appts without the 800#s which will be given out with public announcement? Plz clarify post.
Link
MissKitty05: kls I was under the impression that the 800#s for "the internet group" would not be public per se but raher circulated somehow through the chatrooms..... I tht we'd go before the public but idk
NWMontana: we are public, yet we have private knowledge...in my opinion, our "group" such as it is, is both public, yet private, so we have a "leg up" over regular public, waiting for public announcement, by the time that comes, we are done
Calcat: Maybe what is saying is that groups will hold SKR until the public announcement so that in essence we all go together to actual cash
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RCookies Wednesday Night News Time 6-22-16 Part 3 of 3
Post From Dinar Updates
Chat Room Excerpts & Highlights
Newstime with Rcookie/Loop 6/22/2016
Hutch says():ANY OTHER QUESTIONS OR COMMENTS BEFORE WE MOVE ON?
daytrader says to loop():Recall that Saleh often spoke for Shabbibi and was very good at creating confusion, made conflicting statements etc. for what seemed to be misdirection.
SRW says():Exactly!!
Hutch says():WHATS NEXT IN STORE FOR US RCOOKIE ?
loop says to daytrader():THere's alot to be read between the lines in the article. So of it translation issues, while other parts are clearly Alak. He is smarter then I have been giving him credit for.
loop says to daytrader():Soon*
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Read More
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RCookies Wednesday Night News Time 6-22-16 Part 2 of 3
Post From Dinar Updates
Chat Room Excerpts & Highlights
RCookie's Wednesday Night News Time 6-22-16 Part 2 of 3
watson1 says():i thought these loan they were to pay kuwait and the kurds
watson1 says():just going over my note over the last few weeks
rcookie says():THE IMF HAS STATED THEY WANTED THE $9 BILLION WAR REPARATIONS PAID OVER THE NEXT 3 YEARS....
AND KUWAIT HAS ALREADY KICKED THE CAN TWICE FOR THEM....SO I GUESS IT DOESNT HURT TO ASK....WE'LL SEE....
jimplants says():there is a business down here that makes armored cars and they have a massive order from Iraq SUVs that can take direct fire and keep going but their fuel milage suks
Hutch says to jimplants():I WANT ONE FOR OVER HERE !
rcookie says():THEY'RE CALLED THE CHICAGO MODEL.....
jimplants says():big nd black
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RCookies Wednesday Night News Time 6-22-16 Part 1 of 3
Post From Dinar Updates
Chat Room Excerpts & Highlights
Newstime with Rcookie/Loop
GOOD EVENING EVERYONE....WELCOME ABOARD.....
Hutch says ()WHAT DO YOU HAVE IN STORE FOR US TONIGHT ????
rcookie says():OK...SO START OFF WITH A LITTLE ANNOUNCEMENT FROM IMF YESTERDAY ANNOUNCING THIS CONFERENCE....AND PLEASE CAREFULLY READ THE SYNOPSIS OF THE AGENDA...
rcookie says):AND KEEP IN MIND THE COMPLETE LIST OF IMF/WB/WTO METAC WORKSHOPS IRAQ IS GOING THROUGH IN MAY & JUNE.....
rcookie says():Exchange Rates and External Adjustment
Swiss National Bank, International Monetary Fund, and IMF Economic Review
Zurich, June 24-25 2016 The Swiss National Bank (SNB), the International Monetary Fund (IMF) and the IMF Economic Review are organizing a joint conference on "Exchange Rates and External Adjustment".
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Singapore To Include Yuan Investments In Foreign Reserves
Singapore to include Chinese yuan investments in foreign reserves
AFP June 21, 2016
Singapore's central bank says it will make its financial investments in the yuan part of its official foreign reserves from June 2016
Singapore's central bank says it will make its financial investments in the yuan part of its official foreign reserves from June 2016 (AFP Photo/Fred Dufour)
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TNT:
Elmerf123456 : The journeys been long covering many a year Looking for the finish to really be here. A passionate test something shared by all. As we wait patiently and wonder What will be said on the call
Elmerf123456 : We have to understand there are and have been no delays. This is a well thought out process over 50 years in the making! All is as it should be and the signs are there. False timelines get created by those who don't have the total picture and misinformation. Got your ticket? Your good!
FullofHope: hey Elmer.. have you talked to okie lately? is he still coming in for a landing?
Elmerf123456: According to him the runway is now
clintonya : Longest landing in aviation history. Lol
Elmerf123456 ) Coming in for a landing can mean a lot of things. It means on approach. No one knows the exact time and date and certainly would not state it in advance! You know a lot. That should be good enough to keep you in line. It's happening.
There is so much going on in the financial markets now and the current system we use. The cracks are here and the changes from it are global and happening right before your eyes.
If you invested and believe, it should not matter what you hear from anyone. Faith isn't a tangible. When it hits, it's better to have than have not.
Folks this is much greater the Iraq. It's a plan that's been in the making a long time.
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The below posts were in our 10am Newsletter
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WSOMN:
AdminBill: APPOINTMENTS BEING SET SO FAR I BELIEVE WILL BE FUNDED BY SKR'S WHICH SHOW ACTUAL BANK BALANCE BUT NO ACCESS.
AFTER DISCUSSING THIS WITH SEVERAL TOP PEOPLE IT IS THE ONLY THING THAT MAKES SENSE FOR ANY GROUP AT THIS POINT.
FUNDS WILL NOT BE MADE AVAILABLE UNTIL RV IS MADE PUBLIC AND 800 NUMBERS RELEASED.
MY INFORMATION HAS SAID THAT THE ADMIRAL PP PACKAGES HAVE BEEN FUNDED. HOWEVER, THEY SUPERSEDE ALL OTHER TRANSACTIONS BECAUSE THIS WAS THE ONLY REAL GOAL OF THE ADMIRAL AGREEMENT.
THE PUBLIC RV IS A MERE SPEC IN THE SCHEME OF THINGS. THIS IS MY OPINION.
THE AMOUNT OF INFORMATION COMING IN TODAY HAS BEEN A FLOOD. LET'S SEE WHERE IT TAKES US.
THERE IS NO MONEY CASH AT THIS MOMENT TO BACK THE SKR
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rcookie says():HERE IS A RECAP OF NEWS....
rcookie says():GENERAL
OIL CLOSES AT $50.88...OPECS BASKET AT $46.02...AUCTIONS AT 148 MILLION...
MUTHANNA COUNCIL LAUNCHES DISBURSEMENTS OF RESIDENTIAL COMPLEXES IN CENTRAL SAMAWA...
SALEH RESTATES IRAQ FOREIGN CURRENCY RESERVES AT $53 BILLION...
WASHINGTON LAUDS ABADI AS INSTILLING GLOBAL CONFIDENCE IN IRAQ AND RESPONSIBLE FOR INTERNATIONAL AGENCY LOANS...
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The Chinese yuan is still surprising everybody, especially short sellers. Year-to-date, its only weakened 0.9% against the dollar.
The Chinese yuan seems unbreakable. Having started the year worth 6.51 to the dollar, it's now trading at 6.58 to the dollar and one of country's biggest banks doesn't see it getting much weaker from here.
The Bank of Communications said in a note to clients on Tuesday that declines in net foreign exchange sales - from U.S. dollars to Hong Kong dollars and euros - means the market is not as worried about a further weakening of the yuan. No one is rushing for an exit.
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da58 says():Investopedia on the relationship between inflation and currency value
The rate of inflation in a country can have a major impact on the value of its currency and the rates of foreign exchange it has with the currencies of other nations. However, inflation is just one factor among many that combine to influence a country's exchange rate.
Inflation is more likely to have a significant negative effect, rather than a significant positive effect, on a currency's value and foreign exchange rate. A very low rate of inflation does not guarantee a favorable exchange rate for a country, but an extremely high inflation rate is very likely to impact the country's exchange rates with other nations negatively.
Inflation is closely related to interest rates, which can influence exchange rates. Countries attempt to balance interest rates and inflation, but the interrelationship between the two is complex and often difficult to manage. Higher interest rates tend to attract foreign investment, which is likely to increase the demand for a country's currency.
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rcookie says():Baghdad confirmed its success in attracting international companies to implement investment projects
June 21, 2016 4. In Baghdad, confirmed Tuesday, their success in attracting international companies to implement investment projects in the capital.
The secretariat said in a statement received our economy newsletter, a copy of it today as "succeeded in attracting international companies and a number of Arabic and local companies to implement investment projects in the capital after new investment mechanisms require thoughtful companies will be reflected on the economic realities of the capital and created business opportunities for labour".
In the same context, the statement said "Secretary Baghdad memory Alloush briefed on ongoing work in implementing the concrete structure of the draft [Mary Mall] in port said Street who performs a 4400 square M2 and consists of 5 layers contain the markets and shops and Wedding Hall and restaurants.
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