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Table of Contents

More News, Rumors and Opinions Late Thursday Afternoon 12-22-16

 
KTFA:

Don961:  If Iraq has huge potential for the future .... then so do we ... IMO

World Bank: Iraq unable to repay his debt because he is one of the richest countries in the world

Baghdad -arac Press -21 December: World Bank description, Iraq "one of the richest countries in the world on the face of the earth."

Middle East director of the World Bank Farid Belhaj said that Iraq is "locked in a deep structural reforms and widespread at the same time, which is fighting a bloody war against the destructive power."

Belhadj said that Iraq's wealth from oil and gas constitute a solid guarantee for the repayment of loans. "

He pointed out that "Iraq is one of the richest countries on earth, Iraq has a huge potential, Iraq has the ability to pay its debts" .anthy (1)

http://www.iraqpressagency.com/?p=226159&lang=ar
....
Read More

Dinar Updates Thursday AM Chat  12-22-16   Part 3 of 3


Post From Dinar Updates
Chat Room News Excerpts & Highlights


Dinar Updates Thursday AM Chat 

loop says():Saudi Arabia budget recorded a deficit of $ 63 billion 
 
Business & Finance
 
Is scheduled to announce Arabia on Thursday its budget for the next year in 2017, in anticipation of the Saudi street about the new budget numbers, and be accompanied by economic decisions related to reduced government support, while indicating information were traded yesterday, that the new budget includes a program to provide support for people with income low and medium under the name «financial balance program».
 
According to Saudi media, it is expected to include next year's budget spending of 890 billion riyals, an increase of 6% from the initial estimate of spending in 2016, while likely to reach $ 651 billion riyals, up from 514 billion, which means a deficit of 239 billion riyals ( $ 63 billion).
 
An increase in government spending to strengthen the pace of GDP growth to reach 2% in 2017, compared with growth estimates of 1.7% this year.
 ...
Read More

Dinar Updates Thursday AM Chat  12-22-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights 

Dinar Updates Thursday AM Chat  12-22-16   Part 2 of
 
loop says():Who said this?? "Iraq is one of the richest countries on earth, Iraq has a huge potential, Iraq has the ability to pay its debts."
 
subgirl says to loop():WB
 
subgirl says to loop():middle East Director
loop says to subgirl():Willy Bucannon
 
loop says to subgirl():Bingo ... Middle East director of the World Bank Farid Belhaj .... Whatever they're paying you double it!
 
subgirl says to loop()::D double nothing? lol
loop says to subgirl():(y) and loving it
 
subgirl says to loop():(lol)
 ...
Read More

Dinar Updates Thursday AM Chat  12-22-16   Part 1 of 3

 
Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Thursday AM Chat  12-22-16   Part 1 of 3
 
loop says():Samir Nasiri: calls for economic media to be a competent and an observer and a contributor to economic reform               
 
Business & Finance
 
Economy News / Baghdad ...He called an economist and banker Samir Nasiri to be economic media specialist and observers and accurate in the diagnosis of imbalance and economic problems and to be a real proposal squint authorities supervisory contributor and oversight and do not have flags simply directing criticism and accusations without invoking the sources and accurate information.
 
Alnasiri and pointed to an interview with Mr. Prime Minister Patarrkh 12/20/2016 at the weekly press conference to urge the media to be committed to the flags and the flags have supervisory and investigative to get into the wrong Malot and reliable sources for the purpose that the government learned of them for the purposes of processing and accounting.
 ...
Read More

News, Rumors and Opinions Late Thursday Morning 12-22-16

12/22/2016
 
TNT:

Carlosisan:  Listen - after nine years of waiting, and expecting, and being told one thing and then it be something else, when this happens I wil be in total shock. I will take me a couple of days to realize that is ACTUALLY happened.

Rojo:  When it happens it will probably be mass hysteria

Pearle:  We are all anxious and want this to happen but we have to be professionals and not react so easily

Wrider22:  rojo I don't think "mass hysteria" happened when the Kuwait dinar RVd

Readnow:  Kuwait didn't have as many people involved, and they had not waited this long.
Briona:  To me it seems the only way to have a smooth exchange process, would be with 800 #'s and exchange centers, otherwise all hell would break loose at the banks, when millions of Dinarians swarm on them to exchange.

Daz:  IT WILL ALL COME TOGETHER WITH A PUBLIC RELEASE AND PERMISSION FOR ALL OF US TO EXCHANGE IN ANY MANNER WE WANT, ALMOST ANYWHERE WE WANT...AND IT WILL BE A SAFE, ORGANIZED, ULTIMATELY FAIR AND REASONABLY SIMPLE BUSINESS TRANSACTION.
....
Read More

Mnt Goat Thurs. Dec. 22 News Brief, emailed to Dinar Recaps

 
December 22, 2016 Mnt Goat News Brief
 
Hi Everyone,
 
I bring you much news today.    First let me say that I don't care who tells you otherwise or what ridiculous story they tell you to substantiate their claim. Read my lips - THE REVALUATION OF THE IRAQI DINAR HAS NOT HAPPENED! The country of Iraq is still mandated to use the provisional rate as dictated by the CBI. This rate is subjected to the market rate of about 1180 - 1300 dinars to the US dollar. I will back up these statements today with FACTS as you read on in today news letter.
 
Okay so a few banks are now selling and buying the Iraqi dinar once again in the western countries. I do not yet see it in Europe.    If you can remember back before 2011 many of these same banks also exchanged dinar but then soon pulled away from this currency. So you first have to understand why they did this?
Read More

Backdoc and KTFA Members Early Thursday AM 12-22-16


KTFA:

RE: Wed. Night KTFA Notes:   

BACKDOC:  I LIKE YOUR WINDOW FRANK. I'M WATCHING OIL VERY CLOSELY AND HAVE BEEN TRADING IT WITH PRECISION LATELY.

I KEEP THINKING OF THE ISX BEING CLOSED FROM THE END OF THE TRADING DAY ON MONDAY THE 27th!  

I THINK ITS LIKELY THE WINDOW COULD START AT THAT POINT UNLESS THEY CONTINUE TO BLOCK INTERNATIONAL STOCK TRADES UNTIL THE NEW YEAR.

 IF AN INTERNATIONAL RATE OCCURRED PRIOR TO THE 28th STOCKS WOULD HAVE TO BE BLOCKED FROM TRADING INTERNATIONALLY IF THEIR PLAN IS TO IMPLEMENT ON JANUARY 1st RIGHT?

SINCE PRESIDENT MASUM RECEIVED THE BUDGET WITH CHANGES ON THE 18 th IT BECOMES LAW EVEN WITHOUT HIS SIGNATURE WITHIN 15 DAYS.  

I'M GLAD ITS ALREADY SIGNED.  

INTERESTING THAT 15 DAYS TAKES US TO JAN. 2 nd!
....
Read More


The below posts were in our 10 am Newsletter

Post From Dinar Updates
Chat Room News Excerpts & Highlights


loop says(:Kurdistan Regional Government reaffirms its commitment to the budget if it got a plus dollars from the sale of oil

Wednesday December 212 016 20:57   Alsumaria News / Erbil
The Minister of agriculture region of Kurdistan , Abdul Sattar Majid, Wednesday, that the Government of the Territory will adhere to the law of the federal budget for 2017 in the event of receiving a dollar - plus from direct sales of oil resources.

Majid said in an interview with a number of media , including Alsumaria News, " The meeting was held between the Presidency of the Kurdistan Regional Government and Kurdish blocs in the Iraqi parliament to discuss the paragraphs relating to the Kurdistan Region in the general budget."

...

Dinar Updates Wednesday Late PM Chat  12-21-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


wmawhite says():Babylon Bank calls its customers the implementation of foreign credits and remittances at the official rate

Babylon Bank renews its call for the implementation of his customers his foreign credits and remittances and official rate of the Central Bank of Iraq.

Babylon Bank is one of the Iraqi private banks, was established in 1999, and to comply with all the laws of the Iraqi Central Bank.

Pablo says to wmawhite():The official rate? Isn't that $3.22?

wmawhite says to Pablo():hopefully, we will be told what that is soon.

...

Read More

Dinar Updates Wednesday Late PM Chat  12-21-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights


_firefly_ says():Retire On The Iraqi Dinar And Vietnamese Dong
 
Robert Laura , CONTRIBUTOR
I am a retirement activist.
 
Opinions expressed by Forbes Contributors are their own.
I often get calls asking about the Iraqi dinar. Initially, I just dismissed the questions and put-off the requests, informing clients and other investors that we don't employ or recommend currency-based strategies. At the time, this was the result of only superficial research.
 
However, after a recent question about another foreign currency, the Vietnamese dong, I felt it was time to truly dig into what's going on and write the definitive article on where these currency strategies fit into both retirement and overall investment portfolios.
 
In my opinion, they don't fit anywhere! Let me reiterate that; the Iraqi dinar and the Vietnamese dong do not fit into a retirement portfolio in any way, shape, or form. Both monetary units are often referred to as "scam" currencies for good reason. Countless warnings and blood soaked war stories are prevalent online, but to my surprise investors continue to fall for it, throwing good money at a very bad idea.
...

Read More

More Bits and Pieces in Dinarland Late Wednesday Night 12-21-16

WSOMN:


ADMINBILL:  GOOD EVENING. QUICK BREAK. SOME FEEL, WITH BANKING CONNECTIONS THAT IT IS ANY MOMENT........

STILL OTHERS BELIEVE BY FRIDAY IS NOT DOABLE..... THE 26TH AND BEYOND BEING MORE REALISTIC.

RaginCajun:  HERE ARE THE OIL PRICES AND RATES GIVEN BY FRANK TONIGHT $56.00= 1 TO 1 ($1.15), 60-64=$3.71, 64-68=$4.42

MajiGirl:  I'm rooting for 64-68=$4.42
....

Read More

The below posts were in our 10pm Newsletter

Highlights From Wed.Night KTFA CC 12-21-16

KTFA:

FrostyTheSnowman:  HERE'S TONIGHT HIGHLIGHTS ...(please forgive any typos, I'm running late to a church meeting)

*** 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:  Greetings family ... welcome to another one of your conference calls at KTFAlways.com

Every human being wants to be recognized ... if not as an individual - at least by their efforts.

Yesterday, my KTFA family ... you guys "moved-me" - blew me out of the water ... I was filled with great joy.  I tend to wear my emotions on my sleeve (both of them).

Yesterday was my birthday ... so many of you blew-up my phone ... I don't know how many calls/messages were left.
....


Dinar Updates Wednesday Early PM Chat  12-21-16   Part 3 of 3

MadDScout says to clay():It is hard to not have a good news day anymore
clay says to MadDScout():I know I'm finally getting excited again

MadDScout says to clay():Th e problem now is keeping up with it all LOL
MadDScout says to clay():the*

clay says to MadDScout():lol
clay says to MadDScout):I called citibank yesterday
MadDScout says to clay():Really things can be OBE in a matter of minutes

clay says to MadDScout():they now have Iraqi dinar listed
clay says to MadDScout():yep
clay says to MadDScout():lets hope
MadDScout says to clay():Very good step yes?
clay says to MadDScout():(y)
 ...


Dinar Updates Wednesday Early PM Chat  12-21-16   Part 2 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday Early PM Chat  12-21-16   Part 2 of 3

 
loop says():IMO this is the most important part of this investment. It will make the difference between being broke in a year or two or building generational wealth.
 
jetset says to loop():(y)
jetset says to loop():i think a round-table call on this topic in early January would be phenomenal!
 
futuremoney says():I think an rv in early Jan would be as well..
 
loop says():If the only plan you have is a list of stuff to buy when this happens, you squander this chance.
loop says():you will squander this chance.
 ...


Dinar Updates Wednesday Early PM Chat  12-21-16   Part 1 of 3

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Dinar Updates Wednesday Early PM Chat  12-21-16   Part 1 of 3
loop says():Special Report: Dubai's economic potential compared to Iraq's
 
Visual Perspective   12/21/2016
 
http://www.dinarupdates.com/showthread.php?44823-Special-Report-Dubai-s-economic-potential-compared-to-Iraq-s
 
loop says to clay():From Citi's currency line Iraqi Dinar Buy rate 0.0006448 Sell rate 0.0009831 Interesting to they are tracking it.
 
loop says to clay():Sorry buy rate was 0.0006458
 ...


Bits and Pieces in Dinarland Wednesday Night 12-21-16

 
Emailed to Recaps: 

"Interesting Intel I have" - Guest Post by TylerM   3:55:00 PM  on December 21, 2016

I have been following currencies for 4 ½ years now.. I noticed today on the fiscal.treasury.gov website they have their rates of exchange dated September 30 2016. It shows the ZIM as 1 to 1 with USD!

Link to show rates:
https://www.fiscal.treasury.gov/fsreports/rpt/treasRptRateExch/currentRates.htm

If you go to their contact page it gives numbers you can call with questions, well I called Axxxx Pxxxxxx and left a voicemail. She returned my call and verified the rate for the Zimbabwe dollar was correct at 1 to 1 with US dollar.

She couldn't tell me where I can exchange, she said maybe bank of Zimbabwe.. I kind of laughed and said I'm in KY... I asked if she could direct me
 
Well, as I'm writing this Axxxx Pxxxxxx sent me an email confirming that rate in writing to my email!
 
This is the only "intel" I have ever had.. I'm so pumped! We have to be so close..
 
Thanks in advance for letting me share my thoughts here.   TylerM
....