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WSOMN:
AdminBill: I WILL MAKE THIS SHORT AND SWEET.
ALL INDICATORS POINT FOR THIS TO BE DONE BEFORE JULY 8TH WITH A KEEN EYE ON THE 3RD.
I HAVE BEEN PRIVY TO CALLS AND INFORMATION THAT HAS BEEN ENLIGHTENING AND FRUSTRATING YET VERY POSITIVE IN THE SHORT RUN.
MANY VERY, VERY SENIOR LEADERS OF FINANCE AND POLITICS BELIEVE THE CURTAIN IS READY TO COME DOWN AND THE FAT LADY IS ABOUT TO SING.
....
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After Chat Live - Dinar Q&A Call w/ BGG, Mr. White, and RCookie - from Mon. 6/27/15
(just received by Dinar Recaps)
Audio Player and Replay #'s
From DinarUpdates.com
641-715-3639 pin# 570743
66 Minute Call
(in Recaps Newsletter, click blue title for audio player)
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The promise of a book, the Office of the Prime Minister that, it "came in line with the reforms launched by the Prime Minister package, based on the provisions of the Companies Act No. 21 of 1997 as amended, and in order to control the settling accounts Alkmarki and tax procedures for the purpose of regulating the import and export of materials and goods and adjust the traffic movement amounts in foreign currency, including those funded by the Central Bank of Iraq. "
BGG says():BIG PIECE from yesterday...
BGG says():THIS MEANS THAT AS OF JULY 1ST THEY HAVE ESTABLISHED AN ENTITY TO REGULATE IMPORTS/EXPORTS WORKING WITH MINISTRY OF COMMERCE AND CONTROL THE CURRENCY.......THE FOREIGN CURRENCY MOVEMENT OF TRADE FUNDS INCLUDING CBI FUNDS....
BGG says():AND LOOK WHAT THIS LAW HAS TO DO WITH... THIS DEALS WITH THE COMPOSITION AND STRUCTURE OF ALL COMPANIES IN IRAQ ESPECIALLY PUBLICLY TRADED COMPANIES ON ISX...
~~~
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BGG says(): Ok - here we go...
BGG says():1st piece... from today.
BGG says():Parliamentary reveal financial operations "a new gimmick to manipulate prices the dollar" and asserts: loans will go to the mafias
BGG says():Parliamentary Finance Committee revealed on Wednesday, on the operations of a "new gimmick" to manipulate prices the dollar, and accused the exchange companies and banks eligibility to stand behind it, and as I came back to government loans "will not achieve" its goal of being will go to "the pockets of the mafia" economic, economist stressed that those loans will reduce the dollar exchange rate because it will stimulate employment and production sectors.
She said the Parliamentary Finance Committee member Majida al-Tamimi said in an interview to the (long-Presse), "The instability of the dollar exchange rate in Iraq is due to influenced by internal and external factors," noting that "monetary policy and the auction of the currency too much impact on the dollar
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The below posts were in our 10pm newsletter
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Economics, Free Pom
Re-Introducing Gold To The International Monetary System (Freepom)
JUNE 28, 2016 JC COLLINS
How the IMF and China will transform the SDR
As a follow up to the post yesterday titled China and Greenspan on a New Gold Standard it is worth exploring in more detail some of the fundamentals of such a new monetary framework. It is evident that a broader use of the SDR will be mandated in the coming months.
This is now beyond dispute as the official communications from the G20, IMF, as well as central banks and other international institutions, are all openly discussing an expanded SDR.
~~~
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da58 says():Jubouri determines July 3 as the date for the first session in the next legislative term
Political Since 28/06/2016 20:53 pm (Baghdad time)
Baghdad balances News Said House Speaker Salim al-Jubouri, on Tuesday, the start of the third legislative term of the parliament in the first of the month of July, noting that the twelfth of next month will hold the first session in this chapter.
Jubouri said in a statement received / balances News / copy of "The Iraqi Council of Representatives to announce the start of the third legislative year in the first of July, it calls for gentlemen and ladies of Representatives to begin their legislative and supervisory duties", pointing out that it "will be the first plenary meeting held in this chapter on 12/07/2016. "
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WSOMN:
Angel:
The $555 Trillion Derivatives Debt Implosion Is About to Begin
The next crisis is here.
The BREXIT or British exit from the EU is this crisis' Bear Stearns: an unexpected situation that Central Banks will go all out to sweep under the rug.
Whether or not they will succeed remains to be seen. But what has started cannot be undone.
For seven years, the Central Banks have maintained the illusion that all is well. Meanwhile, global leverage has exploded to record highs, with the bond bubble now a staggering $100 trillion in size.
To top it off, over $10 trillion of this is sporting
negative yields in nominal terms. Indeed, globally bond yields are at levels not seen since the BRONZE AGE.
....
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday Chat 6-29-16 Part 2 of 2
da58 says():Close to Abadi: Subtract "reshuffle" once again will be after new talks
Wednesday 29 June 2016 | 12:27 | Number of Views: 194
BAGHDAD / ... said the leadership of the coalition of state law Keywords, Wednesday, that put "reshuffle" once again will hold talks after new between the political parties, and denied knowing about the names that will be presented that would have been the same or a new Alasae raised previously.
Keywords and he said for "Eye Iraq News" that "put" reshuffle "once again will be after talks new between the political parties," adding that " the Prime Minister Haider al - Abadi keen on the unity of Parliament and non - admitted problems and therefore wants to proceed with reforms and voting upon Among reforms is a reshuffle. "
~~~
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Yuan Falls Sharply Against U.S. Dollar
06/27/2016
"The market should be a little bit disappointed as most of the traders hoped that China's central bank should offer some sort of 'stability' amid rising market uncertainties," he said. "Undoubtedly, today's [yuan] fixing rates hint that the market should be prepared for more volatility."
The yuan's fall may be cushioned by the central bank again to avert panic selling. On Friday, traders said the PBOC moved to shore up the yuan's value via an intervention in the onshore market, after the currency fell to its lowest level in nearly 5½ years due to concerns about the U.K. referendum.
On Monday, traders said the PBOC was at it again with the aim of preventing the yuan from falling too sharply, after it earlier dropped below 6.6400 against the dollar.
"But the intervention appeared to be not as forceful as it used to be, which is a hint that the central bank is probably happy to see the yuan depreciate further, as long as the pace is controllable, to help boost the economy," a Shanghai-based senior trader at a domestic bank said.
"The sharply lower yuan fixing this morning also shows that the PBOC is trying to let the air out of the balloon a bit by bit, instead of seeing the bubble burst at one go," the trader added.
Given the central bank's more relaxed response thus far, selling pressure on the yuan doesn't seem to be as heavy as was previously feared. "Many of our clients are actually waiting on the sidelines, trying to figure out how the entire world is still responding to the Brexit outcome," the trader said.
The onshore-traded yuan has tumbled well past the 6.6000 psychological level, which could be a factor in changing the market's view on the currency.
Something to watch for is the gap between the 1-month dollar-yuan nondeliverable forward contract and the 12-month contract. When it starts to widen, it implies investors are starting to become more bearish on the yuan.
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The below posts were in our 6pm newsletter
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Banking reform requirements
Author: Yasser incumbent 6/29/2016 0:00
Became placed to identify trends in banking reform
Read in this change is that it is not targeted to these departments Bchkhosa, but requires the need to choose a new departments able to interact with the banking reform requirements required by the young Akhttiaralchksaat competent.
~~~
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Jubouri announced the beginning of the third legislative term on the first of next July
28/06/2016 06:10 | Direction Press / follow-up Said House Speaker Salim al-Jubouri, on Tuesday, the start of the third legislative term of the parliament in the first of the month of July, noting that the twelfth of next month will hold the first session in this chapter, as he emphasized the determination of Parliament to proceed with the legislation of laws and decisions of "important."
Jubouri said in a statement received "direction Press" a copy of it, "the Iraqi Council of Representatives to announce the start of the third legislative year in the first of July, it calls for gentlemen and ladies of Representatives to begin their legislative and supervisory duties", pointing out that it "will be the first plenary meeting held in this chapter on 07.12.2016. "
~~~
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Maggie: DC. - Thank you for sharing. I love the info on the Dong. Quick question. I followed the link to the IMF press release in your post but the link brought up the April 2016 report. Is this the report you are referring to or is there a more recent one from this week?
Geofft: Dr Clarke.The link that you quoted is a Press Release No. 16/183, dated April 22, 2016.
DR. CLARKE: Yes, the link was from April, so as to back up the one posted 2 days ago June 27, 2016.
On the Article IV progress reports. It's nice to see some people really paying attention.......
....
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WSOMN:
AdminBill: GOOD MORNING EVERYONE. THANKS FOR THE AWESOME BIRTHDAY WELL WISHES. I WILL BE MAKING CALLS AND TEXTS THIS MORNING TO SEE WHERE WE ARE IN THE GRAND SCHEME OF DINARLAND. WHAT I HAVE FROM AWAKE-IN-3D SO FAR THIS WEEK IS NOT UNTIL NEXT WEEK. EARLY MORNING SO NO WORRIES.
RaginCajun: ADMINBILL- NEXT WEEK IS 7-7-7-.....Christine Lagarde MADE A SPEECH LAST YEAR REFERENCING 7-7-7
AdminBill: JULY (7) THURSDAY (7) YEAR (16) ....... (7) + (7) + (1+6=7) = 7,7,7
AcDc: Awaken3d says nothing till next week. Maybe 7/7/7. F26 and clarkieee boy saying 2 weeks mid July possible with sept as back wall for Clarke while f26 says mozel PA and reforms follow
RaginCajun: ACDC- THAT SUMS IT UP
....
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WingIt:
BEAMS : Gold & Silver Prices To Rise As Global Financial Reset Could Be Soon...Could a global financial reset push gold to $10,000 an ounce?
Let me start this one by saying that I am not the doomsday theorist. I'm not the guy screaming that the sky is falling. In fact, I like to see things in a positive light.
With that said, the world's financial system is facing big problems, and the evidence is everywhere. As a result, I'm expecting that sometime down the road, it could be months, years or even decades away, nonetheless, a global financial reset will need to happen.
Many say that it's likely to happen soon. If this is the case, gold and silver will climb in a big way. With that said, today we'll discuss the evidence that a global financial reset is necessary, how it would affect gold and silver, and what we can expect to see in the price of these commodities moving forward.
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