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10am  December 15th, 2016

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Table of Contents

News, Rumors and Opinions Thursday Morning 12-15-16

KTFA:


Tank:  Very interesting. Could this be exactly what has been mentioned in posts and the CCs (C.Syndrome?)

Michelle:  I DONT KNOW WHY IM SUDDENLY THINKING OF KUWAIT!!!  Shhhhhhhhhhhh

Cole:  THEYVE LEARNED A LOT FROM KUWAIT!!!!!!!!!!!   WOW IS THIS IRAQ OR KUWAIT?!?! Copycats... KUWAIT was OG... spin off... LOL

Don961:   Central denies intention to change the dinar 's rate against the dollar and the imposition of taxes on the last sale

12/15/2016 10:06

Central denies intention to change the dinar's rate against the dollar and the imposition of taxes on the last sale 

Continued..       http://alghadpress.com/ar/news.....445/linkر
 ....

Dinar Updates Wednesday Late PM Chat  12-14-16   Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


_firefly_ says():Kurdish PM congratulates ExxonMobil chief on nomination as US Secretary of State

 Rex Tillerson, Chairman and CEO of US oil and gas corporation ExxonMobil, speaks during the 2015 Oil and Money conference in central London. Photo: AFP
 
ERBIL, Kurdistan Region--Prime Minister of the Kurdistan Region Nechirvan Barzani congratulated ExxonMobil Chief Executive Officer Rex Tillerson on Wednesday on his nomination as the next US Secretary of State, describing him as someone who helped develop the region's natural resources sector.
 
"On behalf of the people of Kurdistan I congratulate Rex Tillerson on his nomination as the next U.S. Secretary of State." PM Barzani said in a Facebook post.
 
"In his role as Chairman and CEO of Exxon-Mobil he worked closely with the Kurdistan Regional Government in developing our natural resources, and thereby helping to improve the lives of our people." said Barzani's post.
...

Dinar Updates Wednesday Late PM Chat  12-14-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


_firefly_ says():"the health status and the beginning of the end of personal idolatry," saying Maliki is unable to overthrow Prime Minister Haider al-Abadi.

 _firefly_ says():And surrounded hundreds of demonstrators, last Friday, the hotel where al-Maliki residing in the city of Amara, Maysan province, and held up placards denouncing the visit.
 
_firefly_ says():Like I said last year .... M who?
 
puffdragon says to _firefly_():Firefly sounds like Maliki getting feed back from his people , go figure !
...

Dinar Updates Wednesday Late PM Chat  12-14-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


_firefly_ says():Parliamentary Integrity: the Rafidain Bank to take firmer steps to combat corruption

12/14/2016 11:51  It called for the Parliamentary Integrity Commission, Rafidain Bank, to "more packages" in the fight against corruption.
 
The committee member said Haider Alfoada, told all of Iraq [where], "While we applaud the guidance Rafidain Bank to all branches of the need to respect citizens and to facilitate the completion of transactions we hope that this statement includes determining administrative sanctions and define the mechanisms of monitoring and follow - up."
 
"We hear from the citizens that there are many cases exposed through which to blackmail clients by some staff todelay the completion of their transactions and put Almarqlat which harms the reputation to this institution and therefore the Rafidain Bank to take a more assertive to combat financial and administrative corruption , which has eroded the body of institutions Steps State including Rafidain Bank. "
 ...

The below posts were in our 10pm Newsletter

Bits and Pieces in Dinarland Wednesday Night 12-14-16

WSOMN:

RaginCajun:   WE ALL SHOULD BE HAPPY AND GETTING OUR PLANS PREPARED

Tidbits from KTFA CC tonight:

RaginCajun:  FRANK IS SAYING IRAQ HAS BEEN MEETING FOR THE LAST THREE DAYS WITH 3 LETTER AGENCIES

THERE SHOULD NOT BE ANY MORE MEETING AND DON'T LOOK FOR ANYTHING TILL AFTER THE 15TH

US TREASURY, UN AND IMF WAS AT THIS MEETING

IN HIS OPINION THE RATE HAS BEEN SET

HE DOESN'T TALK ABOUT THE 15TH THROUGHT THE 31ST BECAUSE IT MIGHT NOT TAKE THAT LONG

THE RATES WERE POSTPONED FOR THE 15TH TO THE 31ST, THAT NEVER HAPPENS

FRANK LIKES TUESDAYS AND THURSDAY BUT THE MIDDLE EAST LIKES SUNDAYS
....


Dinar Updates Wednesday Early PM Chat  12-14-16   Part 3 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday Early PM Chat  12-14-16   Part 3 of 3
puffdragon says to _firefly_():SOO did Abadi call the super bug !! ({):D
 
jeffusa says to _firefly_():I am watching Mosul.... it's all about Mosul for me
 
clay says to jeffusa():(y)
clay says to puffdragon():hey puff
jeffusa says to clay():sup cracker
 
puffdragon says to clay():SAY CLAYSTER how ya doin ?
 
_firefly_ says to jeffusa():I told you folks about Mosul 2 years ago and EVERYBODY told me I was nuts, has nothing to do with what we are waiting for
...  

Dinar Updates Wednesday Early PM Chat  12-14-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Early PM Chat  12-14-16   Part 2 of 3
 
dinarstudent says():well pass all my test . now how are we doing with our investment ?
 
loop says():There are also basic necessities led to the call for convergence in accounting applications such as globalization and liberalization of trade, investment and development of financial markets, privatization and down to changes in the international monetary systems and the growth of multinational companies and open branches across the world.
 
loop says():open branches across the world.
 
dinarstudent says():been reading the last 3 day the last 4 week chats i still do see how we all think that jan 2017 may be a change in the value ,but maybe i am so drain for study for exams i am over see something
 ...


Dinar Updates Wednesday Early PM Chat  12-14-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Early PM Chat  12-14-16   Part 1 of 3
 
_firefly_ says():  PRESS RELEASE
 
Washington, December 12, 2016 - New data released today shows an increase over the past five years in the amount of gas flared at oil production sites worldwide, reversing a trend of flaring reduction.
 
The flaring increase is mainly attributed to an overall growth in oil production, particularly in Iraq and the United States.
 
The data was released by the Global Gas Flaring Reduction Partnership (GGFR), a World Bank-led organization comprised of oil companies, governments, and international institutions working to reduce gas flaring. The U.S. National Oceanic and Atmospheric Administration (NOAA) and GGFR have developed the flaring estimates based on observations from advanced sensors in a satellite launched in 2012.
 ...


News, Rumors and Opinions Early Wednesday Evening 12-14-16 

KTFA:

Robdel:  Are you serious? Doesnt this say they have removed the Program rate and no longer will use the USD?  Doesn't get any better than this folks! 
 
WS posted.. .Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains two exchange restrictions and one multiple currency practice (MCP) subject to Fund approval under Article VIII, Sections 2(a) and 3.

DELTA: YES ROBDEL.....I WILL TALK ABOUT THIS TONIGHT......FRANKIE THIS ONE!!!

Walkingstick:   IMF Country Report No. 16/379    IRAQ
....


My Ladies Wednesday PM: " Iraq/USD Peg"  12-14-16

 
MY LADIES said:

RE:  http://www.dinarrecaps.com/our-blog/mnt-goat-wednesday-dec-14th-news-brief

GOOD AFTERNOON MG..I WANTED TO COMMENT ON ONE THING YOU POSTED THAT MAY BE A LITTLE LEADING IN NATURE,

WHEN TALKING ABOUT THE REQUIREMENTS THAT IRAQ HAS AGREED TO IN THEIR LETTER OF INTENT TO THE IMF TO OBTAIN THEIR SBA LOAN YOU COMMENTED ABOUT BEING BAFFLED WITH THEIR COMMITMENT TO THE USD PEG.

I WANTED TO POINT OUT THAT THEY DO NOT NEED TO DROP THIS PEG IN ORDER TO COME TO THE INTERNATIONAL MARKET.
 
I DID A POST SEVERAL MONTHS BACK ABOUT EXCHANGE RATE REGIMES AND WHERE THE DINAR FITS INTO ALL OF THAT AND CURRENTLY IRAQ IS UNDER A STABILIZED AGREEMENT WITH A DOLLAR PEG.

THAT MEANS IT IS ACTUALLY A DE FACTO PEG AS DEFINED BY THE IMF.
....


The below posts were in our 6pm newsletter

Dinar Updates Wednesday AM Chat  12-14-16   Part 2 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday AM Chat  12-14-16   Part 2 of 2

Il Giornale BAGHDAD - The Journal News   The head of a coalition of state law, Nuri al-Maliki on the importance of respect for the law in the pursuit of the reform and the fight against corruption.
 
He said al-Maliki, Wednesday, "It is with all who seek to reform and battling corruption, but it must be real and honest claim, not through slogans and chants, not through attacking the institutions of government and drop the prestige of the state."
 ...
Read More

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday AM Chat  12-14-16   Part 1 of 2
 
loop says():(@)   Maliki: It looks to reform the respect for the law
 
Il Giornale 6 minutes ago    BAGHDAD - The Journal News   The head of a coalition of state law, Nuri al-Maliki on the importance of respect for the law in the pursuit of the reform and the fight against corruption.
 
He said al-Maliki, Wednesday, "It is with all who seek to reform and battling corruption, but it must be real and honest claim, not through slogans and chants, not through attacking the institutions of government and drop the prestige of the state."
 
He noted that from looking forward to the reform and the fight against corruption, he has to respect the law, not to publish the armed groups in Baghdad and brandishing weapons and threatening those who oppose the formation of a technocrat government. Everyone must leave the language of threats and intimidation, and he has to take the dialogue approach which corrects what he sees as wrong and not in the interest of the people.
 ...
Read More

 
KTFA:

Cleitus:  Dow is opening up at 19,848. ..... Dow now hovering around at 19,919 at 1:57pm EST.

36Kona:  Dow hovers around 20,000 as Wall Street anxiously awaits Fed decision

Published: Dec 14, 2016 10:11 a.m. ET

U.S. stocks were tilting modestly lower Wednesday, with indexes trading in a tight range as investors awaited the outcome of a meeting by the policy-setting Federal Open Market Committee.

The Fed is widely expected to raise rates for the first time since last December, but Wall Street will keenly watch for clues about the health of the economy and the pace of rate increases from the Fed's statement at 2 p.m. Eastern and the news conference which follows, hosted by Federal Reserve Chairwoman Janet Yellen.
....
Read More

Dinar Updates "Round Table Call" w/ BGG, Mr White,  Daytrader, Loop and others Audio Player from Tuesday 12/13/2016

(In Recaps Newsletter, click blue title for audio player.)

Mnt Goat Wednesday Dec. 14th News Brief

 
December 14, 2016 Mnt Goat News Brief
 
Hi Everyone,
 
I bring you much news today. With December just about half over we are moving towards some real exciting times in early 2017, at least we are hopeful.
 
Many are wondering about my new format of the news letters and why I now call it "News Brief". My intent is to first include some upfront paragraphs to introduce key elements of the current news (news in brief). Then to present the articles that are noteworthy and backup the news, then comment on them when appropriate so you can further understand (news in detail).

But remember these comments are my opinion    from my study of this ongoing saga. After reading thousands of articles over the last 10 years and talking to Iraqi contacts (both military and govt), I think I have a good handle on the situation. I am not always correct in my opinions but the FACTS speak for themselves in the printed articles I also present.
Read More