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10am November 29th, 2016

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Table of Contents

Highlights/Notes From KTFA Monday Night CC 11-28-16  Part 2


Frank26:  The finance committee says that everything is done ... but now they come out with silly reasons why it's not done.  Stop playing games!  Abadi met with everyone in his own palace to talk about the budget ... last week. 

Maybe the GOI is waiting for the CBI to release the budget ... maybe that's why we see the budget being postponed.

Because they said that the budget was ready to go ... did they not?

For example:  On December 1, 2015 ... the IQD exchange rate was changed.  It was at 1166.  It changed to 1182 ... that's a RATE CHANGE family.  Two to 3 weeks later ... the budget finally came out.  At that time ... they adjusted that new rate.  It was a small change in the exchange rate ... but that is a very powerful example to show you ... they can change that rate at any time WHENEVER they want.

I strongly believe that there is a change in the rate and I strongly believe that it will be reported very soon ... and on the 5th or before the 5th ... the budget will be protected to a certain point to hide it ... but our teams are following it.
....

Highlights/Notes From KTFA Monday Night CC 11-28-16  Part 1

 KTFA:

FrostyTheSnowman:  Here's tonight's HIGHLIGHTS
...
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice!  We offer NO DATE, NO RATE on this forum!!! ***

Frank26: Ladies and gentlemen, we are gathered today, as we do every Monday to study the Iraqi Dinar.

I want to tell you something.  I had some fear in me, but by the counsel of many, that surround me, especially our spiritual leaders, and especially the last one that I talked to before coming on the air ... I am not afraid to talk to you tonight.

To be with fear ... IMO ... means that I do not have God with me.  No matter what I do or where I go, no matter what valley I walk through ... God will be with you and me. 

Together ... tonight ... we are going to walk through this "monetary reform valley" ... our study ... and into a completely new chapter.  You're going to walk on completely new land tonight.
....

Frank26 and KTFA Members Late Monday Night 11-28-16

KTFA:

DustiBigelow:  Ok so thinking out loud. And keeping in mind I'm not the brightest bulb in the pack, If they've been 1:1 in country since 11/7???  Don't they have just 30 days to show it internationally. Or did I make that up?

 Hence the meeting with the IMF on the 5th?????  Or am I way off base here???
Just IMO!  ANYONE???

Frank26:  TA DA !!!!!!!!!!!!!!!!!!!!!!!!!!!

Bonk:  Just thinking and wondering - if the IMF moved that meeting date to the 5th, could that mean that the monetary change needs to show internationally before that? Sometime between the 1st and the 5th? If I am out of line here, just delete.
....

Bits and Pieces in Dinarland Late Monday Night 11-28-16

TNT:

Hawkman:  Frank26 reported on tonight's conf call that Iraq is ONE TO ONE right now !!!!!
Daz: THATS WHAT WE WANT....BRING IT

CashGranny:  OMG! Really? 1IQD to 1USD????

Hawkman:  Delta called during his call and he would not repeat. But the IMF meeting moved up to Dec 5th is Key. According to Frank

Hawkman:  He believes we will see  Complete global rate in December

Hawkman:  Delete the Zeros Jan 1st. But rate he says in December

Hawkman:  IMF meets Iraq Dec 5th. Huge !!
....

The below posts were in our 10pm Newsletter

Dinar Updates Monday Early AM Chat  11-28-16   Part 2 of 2

rcookie says():3. In a large neglected in macroeconomic statistics, which suffer neglect and poor experience; therefore, most of the accounts that are prepared lacked quality, as a result of the comprehensive source of data on the activities shortage, the categories of spending in the gross domestic product, and according Fund forecasts will reach Iraq's oil revenues to 5 trillion dinars in the current year,
 
and 12 trillion dinars in 2017, while public debt, it will rise to 66% of gross domestic product this year actually retarded the Iraqi economy and lack of confidence of international institutions and government departments that came to Iraq after 2003,
 
not to mention the 's future is encouraging for the economy for these reasons, the Iraqi imposed several conditions on the fund to give Iraq any loans, and agreed with the Iraqi government on a number of measures, and most important:
 ...


Dinar Updates Monday Early AM Chat  11-28-16   Part 1 of 2

rcookie says():Parliament to raise its next Thursday
 
Political Since 11/28/2016 13:17 pm (Baghdad time)
 
Baghdad balances News
I decided the presidency of parliament, on Monday, to adjourn the meeting to next Thursday.
 
A parliamentary source said, L / balance News /, "The House of Representatives to raise its usual next Thursday."
 
He added that "the meeting saw the completion of the report and discussion of the proposed media and communications law, as well as an end to the continuation of paragraph discussion of the draft law regulating commercial agency" .anthy 29 / A 43
 
rcookie says():THERES THAT COMMERCIAL AGENCY LAW.......HUGE...HUGE....HUGE!!
 ...


Dinar Updates Sunday Late PM Chat  11-19-16

loop says():  Maliki: I have no attempts to topple the government of al-Abadi
loop says():    http://www.aljournal.com/main/myapp-6782/
 
subgirl says():Parliament will vote tomorrow on the 2017 budget law
 
Political Since 11/27/2016 23:47 pm (Baghdad time)
 
Baghdad balances News
Iraqi Council of Representatives included a vote on the draft general budget of the Federal Republic of Iraq for fiscal year 2017 on Monday session agenda .
 
And a statement of the presidium of the parliament said that " the meeting agenda of business on Monday also includes voting in principle to the first draft amendment to the law of the amnesty law No. (27) for the year 2016 .
 
The statement added that " The Council also will vote on the candidates of the investigative committee regarding the review of all leases and investment of the marshes and waters ."
 ...


More Backdoc and Thunderhawk: "News and Views" Iraq and Iran  Part 2

 
BACKDOC:   RECENTLY WE SAW OUR OWN GOVT. USE ONE OF IRANS TWO PAYMENT SYSTEMS DIDN'T WE?  RIGHT!  WELL THIS ARTICLE CONFIRMS EXACTLY THE SAME.  CASH!  

LOOK FOR BROKERAGE HOUSES TO BE USED AS AN ALTERNATIVE TO DIRECT BANK TIES.  GOING DIGITAL WILL SIMPLIFY THEIR TRANSACTIONS, THATS FOR SURE!   OTHER COUNTRIES SHOULD ALL COME ON LINE AT THE SAME TIME!   MARCH IS GOING TO BE A BUSY MONTH!

U.S DEBT RESTRUCTURING WILL BE AMONG THE MIX ALONG WITH ARTICLE 50 BEING INVOKED.   LET'S NOT FORGET THE FREXIT WILL OCCUR AROUND THAT TIME TOO.

WHEN IT COMES TO BLACK GOLD, CHANGES OF SETTLEMENT ARE IN THE AIR!   REMEMBER SAUDI ARABIA NOW HAS CURRENCY RECIPROCITY WITH CHINA.

THEY CAN NOW SETTLE ALL OF THEIR OIL SALES IN CHINESE YUAN IF THEY WANT TOO.  

SINCE CHINA IS THEIR LARGEST CUSTOMER IT SEEMS PROBABLE THIS IS ON THE WAY!  
....


More Backdoc and Thunderhawk: "News and Views" Iraq and Iran   Part 1

KTFA:

BACKDOC:  AS YOU ALL KNOW LIKE IRAN SAID, THEIR FOREX VALUE WOULD MEET A REALITY VALUE IN OCTOBER WHICH IT DID! 

WE SAW THE IMF STEP IN AND BEGIN TO RELEASE BANKING CHANNELS BACK UP FOR IRAN!   

THEN THEY SAID THEIR TWO PAYMENT SYSTEM WOULD BECOME ONE AFTER MARCH 20TH 2017! 

KEEPING THAT IN PERSPECTIVE WE SEE A TRANSITION IN PROCESS FOR IRAN AS YOU CAN SEE HERE!   THEY USE THE TERM BOTTLENECKS TO EXPLAIN THE BANKING CHANNELS THAT ARE NOT YET FULLY OPEN TO THEM YET!  

WHILE THEY ARE IN THIS PROCESS THEY CONTINUE TO DO TRADES AS WE SEE IT.   THEY ARE DOING CURRENCY SWAPS AND TRADING OIL FOR SERVICES RENDERED! 

 REMEMBER WE TOLD YOU ABOUT THE MASSIVE RAIL SYSTEM THAT GERMANY IS HELPING THEM BUILD!
....


The below posts were in our 6pm newsletter
Post From Dinar Updates
Chat Room Excerpts & Highlights

BGG says():Law for the Regulation of Commercial Agency No. (51) For 2000 (brought by RCookie)
 
http://www.dinarupdates.com/observer/
 
rcookie () - HERE IS THE BIGGIE...FLYING UNDER THE RADAR FOR [SATURDAY] ...
 
COMMERCIAL AGENCY LAW...PLEASE READ AND UNDERSTAND HE SIGNIFICANCE RELATIVE TO DFI (DIRECT FOREIGN INVESTMENT)...
 
Quote: "THIS LEGISLATION AIMS TO REGULATE THE WORK OF COMMERCIAL AGENCY EXERCISED IN IRAQ BY AN AGENT FOR THE BENEFIT OF A NATURAL OR LEGAL PERSON FROM ABROAD;
 
AND REGULATE THE TRANSACTIONS OF THE DEPARTMENTS OF THE STATE, THE SOCIAL, MIXED AND PRIVATE SECTORS AND THE UNIONS WITH NATURAL AND LEGAL, ARAB AND FOREIGN PERSONS IN SUCH A WAY AS TO ACHIEVE DEVELOPMENT TARGETS, PREVENT EXPLOITATION, AND SECURE THE INTEREST OF THE NATIONAL ECONOMY..."
 ...
Read More

BGG Sunday Night News Time 11-28-16   Part 2 of 3

 
Post From Dinar Updates
Chat Room Excerpts & Highlights

Strategic planning
 
Member of Parliament Dr. Mehdi al-Hafez praised the role of the International Projects Center and the Union of businessmen in determining the economic problems and provide treatment to her, pointing out that this presence between the parties helps to assemble efforts and mobilized to develop the sector and industrial production projects, noting that he was standing at twice the capacity and expose corruption and thinness of infrastructure and the absence of strategic planning and the lack of implementation levels, as well as poor control mechanisms.
 
He stressed the importance of addressing the developmental problems and achieve economic reform and national liberation from terrorism and get rid of corruption and promoting national unity as well as the diversification of the national production.
 
Private agendas
 
The head of Businessmen Union Reza Ragheb Blibl has pointed out that the establishment of the workshop in this place is aimed at emptying everyone to discuss the most important ways to achieve development in the rich like Iraq is a country and to stand when addressing the challenges precise mechanisms after study the conditions of eight provinces and organize a private agendas and discarded before the makers resolution, referring to several meetings before this workshop in Baghdad, addressed various aspects of development.
 ...
Read More

BGG Sunday Night News Time 11-28-16   Part 1 of 3

 
Post From Dinar Updates
Chat Room Excerpts & Highlights  
   
NEWSTIME WITH BGG & CO.
 
MrsBGG says():Welcome to News Time tonight!! Hope everyone enjoyed Thanksgiving with their family and friends!! We are gald that you are here
 
magnetlady says():Thanks subby
 
subgirl says to magnetlady():your very welcome
For anyone who is new to News Time, welcome!! We are glad that you are here!!
Sit back and relax and enjoy
 
BGG says():HUGE NEWS DAY...  for those that missed it thus far - be sure to tune into the Chat Logs - Loop, RCookie and others have been BOMBING the Chat Room with very good News ALL DAY...
 
THE RESOURCE for the BEST REAL Dinar info - ANYWHERE!!
 
BGG says():Let's get some Real News going here...
 ...
Read More

More News, Rumors and Opinions Monday Afternoon 11-28-16

 
TNT:

GS13:  Good morning TNT Just doing a quick fly-by. I'm hearing awesome things from my sources today I can't give details but things are looking very good for this week

Mangelo:  my friend who is from Iraq is in my group...his family lives in Iraq...it takes time for them to reply...they have an RI they are doing business. it's not public to us yet...besides they take their sweet time in answering my questions.
.
VeryBlessed:  gm everyone, what is the difference between a RI and a RV?

Freeway2:  Gd morning - RI means to re-instate at same rate when devalued, and RV means Revalue to a higher rate than it is now. (In Iraqi case) Maybe someone else can give a better explanation

Cheeca:  I just don't understand why our Dinar currency would still be good when they have printed new money. I look at it like it may be Confederate money
....
Read More

Backdoc and Thunderhawk:  "News and Views"  11-28-16

 
KTFA:

BACKDOC:  WITH ALL THAT IS COMPLETED AND COMPLETING IN IRAQ AND VIETNAM, THE DOLLAR WILL NOW BEGIN TO MAKE ITS' ADJUSTMENT AND OIL WILL BEGIN ITS' RIDE HIGHER!  

THIS IS A HUGE EVENT, JUST AS I TOLD YOU IT WOULD BE!  DON'T FORGET FRANK SAID OIL WOULD GO HIGHER AS WELL, BUT FROM HIS TEAMS HE SAID IT WAS DELAYED A MONTH!

MY EYES WILL NOW WATCH FOR EVENTS ON THE 8TH THAT WILL BE STARTED!    DOC   IMO
 
Thunderhawk:   Dollar gives in to gravity and drops as U.S. yields extend fall

The dollar gave in to gravity on Monday and pulled further away from near 14-year highs as U.S. Treasury yields eased from recent peaks.
....
Read More

News, Rumors and Opinions Monday Morning 11-28-16

 
WSOMN:

ADMINBILL:  MONDAY, NOVEMBER 28, 2016 (0700 MT)
 
NOT MUCH TO REPORT LATELY. I HAVE BEEN ON THE PHONE AND YOU CAN READ FOR YOURSELVES THE ACCOMPLISHMENTS IN IRAQ AND ELSEWHERE.

CONTACTS REMAIN VERY OPTIMISTIC WITH SOME SAYING THIS WEEK. A FEW TALK ABOUT ZIM BECAUSE THAT IS WHAT THEY ARE BANKING THEIR FUTURE ON. SOME ARE INVESTED IN MANY CURRENCIES.

WHAT I DO NOT DO, AS SOME DO IN THE FORUM, IS BELIEVE EVERYTHING IN THE NEWS THAT CAN BE ASSOCIATED WITH ACTIVITY WITH THE RV/GCR.

THE NEWS SOURCES LIE WITH UNDENIABLE REGULARITY. MOST OFTEN THE DISINFORMATION OR OUTRIGHT DISHONESTY IS PURPOSEFUL AND MEANT TO FOOL THOSE WITH LITTLE OR NO DISCERNMENT. IN THIS DAY AND AGE OF NEWS, JOSEPH GOEBBELS WOULD BE DELIGHTED.

I AM STILL OF THE OPINION THAT OUR MOVING TARGET IS BETWEEN NOW AND THE END OF JANUARY.
....


Mnt Goat News Brief Update for Monday Nov. 28th

 
( Thank you George for emailing this to Dinar Recaps.)

November 28, 2016 Mnt Goat News Brief
 
Hi Everyone,
 
Todays' news is very, very exciting. It tells us so much about the dynamics going on in the Iraqi govt and between the Kurdistan region. Also about all the drama going on with the 2017 budget and it is absolutely amazing!
 
Last we knew they were supposed to take the final vote on Saturday 11/26. Did they? What happened?
 
We see it did not come up for a final vote due to more needed changes or disagreements so it was stalled again. We see some PMs wanted to continue to stall it again and again and even suggested holding the vote off until even next Thursday. But, as we read the articles below, we see pressure from Abadi to try to stop the delay. We see the pressure as they are down to the wire on getting the budget done.