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10am September 19th, 2016
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KTFA:
Hootowl: hello backdoc,,,are we looking good or what? should we be packing our bags yet...lol
BACKOC: IT APPEARS THAT THE BUDGET WAS LAUNCHED ON THE 8TH AS ALL IMPORTANT THINGS ARE.
ALTHOUGH ACTION NEEDS TO BE TAKEN IN 10 DAYS, IRAQ HAS DONE ALL THEY CAN DO UNTIL PERMISSION IS GRANTED BY THE U.S.T.!
ABADI WILL GET THAT MONDAY.
I'M VERY OPTIMISTIC THAT BY FRIDAY WE WILL SEE SOMETHING SPECIAL ON THE IEX, IF IT IS ALLOWED TO TRADE.
DON'T LOOK FOR THIS ON THE FOREX, IT WILL BE ON THE IEX. SO UNTIL THE IEX TRADES, I BELIEVE WE ALL WAIT.
REMEMBER, IRAN SAID, THEIR FOREX VALUE WOULD MEET ITS REALITY VALUE IN OCTOBER SO WE ARE EXTREMELY, EXTREMELY CLOSE.
THE REALITY VALUE WILL BE DIGITAL ON THE IEX. THIS IS ALL IN MY OPINION.
8@8, DOC IMO
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Post From Dinar Updates
Chat Room Excerpts & Highlights
wickedwitch1 says():Any significance to Abadi heading the UN General Assembly?
BGG says to wickedwitch1():Other than a big opportunity to show how they are interested in working with the outside world... probably not...
[email protected] says():Who is tied closer to the hip Iran or u.s. according to the SBA?
BGG says to wickedwitch1():except that cooperation is the whole game - so on one hand - not directly vital, except that .... when you look at this in light of my running commentary - it is THE WHOLE GAME.
clear as mud - right??
BGG says to [email protected]():US. Period.
wickedwitch1 says():Just seems like a great place to show he has the respect of others
BGG says to wickedwitch1():Exactly... long term - they need "world" acceptance.
BGG says():Hey gang - hang on a sec... MadScout is bringing a VITAL piece of News.
...
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Post From Dinar Updates Chat Room Excerpts & Highlights
NEWSTIME WITH BGG and MADDSCOUT Sunday, Septemer 18, 2016
MrsBGG says to [email protected]():Well glad that you are joining us, sit back and relax and enjoy Bring your questions , if you have any
BGG says():Hey gang - sorry...minor emergency
[email protected] says():Does several of the big dogs have to be brought down for this to move forward on a RV
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TNT:
Elmerf123456: You heard it here first! Makes you want to go hmmm! Iraq PM Abadi holds a press conference then heads to NewYork. In case you want to know the primary purpose of the visit is twofold.
1. The Mission...Mosul
2. A visit to the IMF
3. Hmmmm! Time always tells
TeamD: i would think Obama would want it now for his legacy
KYMan: Will they RV while PM Abadi is here in the USA or after he get back to Iraq ?
Elmerf123456: Who cares as long as they do it right! I'm not picky on location.
Ify: it's a short flight when you fly private
TeamD: either way it would just be a matter of hours
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The below posts were in our 6pm newsletter
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DR. CLARKE: Everything is right on schedule.
UN meetings this coming week (exactly by design), to Finalize, Validate & Move.....It is our belief and our opinion, as we indicated before, that this
Wed., Sept. 21
, is a key date to see what happens immediately thereafter.
Next weekend, predominately
Sunday, Sept. 25 & Monday 26th
, are BIG dates, as we head to the 30th........So far, everything that is within "The Plan" is, and has been coming to fruition.
The UN meeting this week is huge, and we have to tell you, if there's a delay on into the near future, before Iraq significantly increases their Dinar currency rate of exchange.......it will be because of what happens at this UN meeting.
Right now, as we speak, everything is set
to move. Please read this post carefully & in detail......so you can truly SEE.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 9-18-16
JustNTime says(): [good morning everyone:) i wanted to share a article from the past.
JustNTime says():Wednesday 12/01/2010
Central Bank Consultant: We seek to restructure the currency
Baghdad (news) An advisor of the Central Bank Mzarsaleh that the bank is seeking to restructure the currency to suit the economic development., "Said Saleh (of the Agency news) today:
We will resort to the restructuring of the currency to suit the new situation and economic progress, noting that the currency is growing day by increasing Alatnag and economic progress, not because of inflation and release as before.
He added: that the value of the Iraqi dinar escalate, and this rise has achieved a major goal in addition to the purchasing power of the dinar rose to the value of imports.
Saleh explained: Ann's central bank plans to maintain the value of the Iraqi dinar and the essence of monetary policy, which we have adopted the stability of the overall level of prices.
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TNT:
Mac0929:
Being ready for Zim Exchange Rate presented by bank
We often talk about an exchange rate of 2 or 3 digits after dropping 6 zeros. However, banks will not likely use this terminology. This note is to help you be prepared to know what all means the same thing.
But first "the simple strategy" is to know what 10 trillion or 100 trillion Zim translates to and just ask "so with this exchange rate how much per 10/100 trillion?"
Let's do an example: Say you are expecting an exchange rate of $0.10 after dropping 6 zeros. You should then be expecting $10 million for every 100 trillion Zim note you have. You get to the bank and they say the exchange rate 0.2e-5 or 0.000002 Is that a good thing or bad?
What "e-5" means is essentially the same thing as dropping 5 zeros.
....
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..KTFA:
Aggiead77: Frank....gotta as you and your FRIENDS.....thought the Iraqi's were meeting the IMF in Amman, Jordan.....if the WB is now admitting they were there too.....how many other alphabet soup gangs were there as well.....between the butt chewing the IMF did and so much other good news that has transpired since Amman....one has to wonder.....what other backs got scratched while in Jordan......I'm beginning to hum a little bit of "Happy Days are here again"......oh I wonder why.
Samson:
World Bank offers to Iraq to see funding for economic development
Economic Adviser to the Prime Minister predicted the appearance of Mohammed Saleh, said Friday that the World Bank loan does "affordable long-term" for Iraq end of the year 2016.
....
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TNT:
TnDr: I like this script........ Daz wrote:
WELL MR BANKER.....I RECEIVED SOME INFORMATION IN THE PAST THAT THERE MAY BE MORE THAN ONE RATE AVAILABLE DEPENDING ON HOW WE EXECUTED THIS EXCHANGE.
IF THERE ARE OTHER OPTIONS BESIDE AN EXCHANGE AT THE INTERNATIONAL RATE, I WOULD LIKE TO EXPLORE THOSE TERMS AND REQUIREMENTS IF THEY ARE AVAILABLE TO YOU OR ANY AT THIS BANK.
Buckeyefan: Perfectly stated Daz keep it simple don't demand simply ask. I get concerned that due to wait and some previous bank haters some feel entitled.... I like that script Daz.
....
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