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Greetings!,
Our newsletter is a listing of all our blog posts. The newsletter is sent 2 or 3 times a day. Our email schedule is HERE. If you cannot wait for the email, you can read our posts directly on our BLOG throughout the day and night, or follow us on TWITTER and get our blog posts tweeted to you between 10am - midnight (ET). Our Twitter name is DinarRecaps. If you like this newsletter, share with others. Enjoy our Recap Email, The Dinar Recaps Team |
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RealDinar: i had to remind myself why I'm still here waiting on things to revalue. Hope this helps you, like it helped me.
NY Times article from 1991 reporting the revaluation of the Kuwaiti dinar
Jul 19, 2013
When Iraq invaded Kuwait in August of 1990, the value of the Kuwaiti dinar dropped to about 5 cents. In other words, it took 20 Kuwaiti dinars to buy one dollar.
In February of 1991 Iraq was expelled from Kuwait, and a month later, the banks revalued their currency to $3.47, the highest valued currency in the world. When this occurred, the New York Times reported the event on March 25, 1991.
http://www.nytimes.com/1991/03/25/world/after-the-war-no-electricity-but-kuwait-reopens-its-banks.html
It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency.
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Millionday News 4/12/14 Post By Rudie Part 2
Welcome To Saturday Night News Time With Millionday!
[millionday] here we go -- Washington, D.C. - U.S. Trade Representative Michael Froman and USAID Administrator Shah met today with Ministers, Development Banks, and other representatives to discuss donor efforts to help developing countries implement the new WTO Trade Facilitation Agreement, and ensure coordination among donor entities.
"We will continue to work with other donors and with WTO Members to help developing countries fully implement the WTO Trade Facilitation Agreement, so that all traders can benefit from the reduction in customs costs, delays, and other obstacles to the flow of goods which will result from its implementation," said Ambassador Froman.
[millionday] note -- this is today and directly after the meeting with Iraq -- very interesting -- here comes the rest
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Millionday News 4/12/14 Post By Rudie Part 1
Welcome To Saturday Night News Time With Millionday!
[millionday] note -- this is about the movement of money and how strict it has to be done
[millionday] Tgb represent the phenomenon of money laundering, one of the main risks experienced by global economies, and that requires addressing the adoption of financial systems Court for the movement of funds in and out of the country (according to economic affairs specialist).
said d. Saad al-Tai said the phenomenon of money laundering pose a growing threat to global economies, large and small.
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Post From Stryker Blog
Expense of Re-Printing the Iraqi Dinar at the Same Value Does it Make Sense? A Finance Committee member of the Kurdistan Alliance MP, Ahmed Hassan Faidhullah could be right in his statement that describes printing new banknotes as a "waste of time ". In this short article he continues: "The current currency is suitable and there is no need to be replaced." Let's take a look at both these points of his, is it a waste of time and is the current Iraqi currency suitable but keeping logic as our guide: ~~~
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Stryker Blog 4.11.2014
Where Does the Iraqi Dinar Electronic Currency Come From?
I wanted to take the time to address an issue that has come up concerning the larger banknotes that the CBI has said they would print.
Some are saying that the larger banknotes are to back all the Iraqi electronic money and something I made reference to on Wednesday's Roundtable Discussions Webcast this week.
First I wanted to point out what electronic money is and where it comes from so everyone is on the same page:
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THE VND RATE SHOWING ON SCREENS Posted by EXOGEN on April 12, 2014 at 9:14pm http://netdania.com/Products/FullQuote/FullQuote.aspx?symbol=VNDUSD&provider=idc_lite&ext=false&d=netdania_forex_lf# EXOGEN April 12, 2014 ZIMBABWE IS SHOWING (HOLD) Lanalane April 12, 2014 I have been watching the USD/VND, and VND/USD, on NetDania for years, these are not perfectly paired on the Quote Chart, VND/USD still shows "Waiting" and USD/VND still shows 21,094, so................why the difference? I remember the day the USD/IQD became perfectly paired, when the IQD/USD went from "waiting" to .0009. But I am not seeing that happen with the VND, soooooooooo, granted the $2.13 your link is showing is great. Wonder why the difference in charts inside NetDania. ....
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WildDuck: did anyone ever hear that no news is good news, ummmm food for thought on a Saturday night. what day is it in Iraq already ? oh yeah, first day of the week banks open business and gov going to work in 5 hours pst time
SoccorDad: IRAN may be the real sleeper in the future. Right now it's like 24,000 to 1. I guess if they comply with sanctions one day they could be the next boon currency for us. BOOM!!!!
WildDuck: soccer dad who said iran was not in the basket
Changeagent720: As i understand it, if the international rate for the dinar is 3.71 the dong is at least $1 something
Wildduck: changeagent720 happier then that on the dong imo
Chuicy: the zim is coming back. they are setting up the printing presses.they have to save their economy
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Post by Frank26 � April 12th, 2014,
Greetings Family........
Rio de Janeiro has a yearly carnival that is boisterous ........Colorful....and full of energy that is foreign to many countries. It is a celebration ......An expression of triumph and great accomplishment. Even the dark skies are filled with rainbows of fireworks exploding from the East to the West.
If I had it my way.......As the leader of KTFA I would not be making this post for you....Instead I would be asking you to bring your whistles and blow them as loud as you can until you are Blue in the face marching right by my side with a big smile on your face. Why? Well keep reading.......
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The below posts were in our 6pm newsletter
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REPLIES AT BOTTOM FROM Nova, Frank, Sager,
News articles concerning G20 & IMF Reforms with questions & answers from KTFA members, Nova, Frank26, Sager Frank promises a Blue Post later tonight
G20 nations side against U.S. on IMF changes
G20 determined to spur growth, pushes U.S. to ratify IMF reforms
G20 gives US year-end deadline for IMF reforms
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Stage3Omega: Can we exchange our dong now at .47 cents exo? Posted by galpearl NatDania.com dong at .47 cents says Exo.
********** Dwight: IMHO until the currency exchange Dealers change their rates your Dong shall exchange at what they will pay you for it ! Other wise they would go broke real fast ! ********** Sqwatchy > April 12, 2014 at 1:31pm I believe Exo is talking on back screens of Net Dania, on the servive thru the subscription packages..... Im guessing, because It is nowehere yet to be seen on any PUBLIC viewing website links.....private only trading platforms you have to belong too. But, if he is indeed correct, why would he lie to us.....he is seeing it there, in time, when public released, it will show on the screen that we can publicaly pull up... Must be getting close! ....
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Gold and the US Dollar Fight to the Death-Paul Craig Robertshttp://usawatchdog.com/gold-us-dollar-fight-to-the-death-paul-craig-roberts/By Greg Hunter's USAWatchdog.com Former Assistant Treasury Secretary, Dr. Paul Craig Roberts, says, "Gold and the dollar are in a fight to the death." Dr. Roberts explains, "The Fed, in order to save a handful of banks too big to fail that are the mindless deregulation of the 21st century, the Fed has had to create a tremendous number of new dollars. The United States has never experienced anything like the creation of new money it has issued from quantitative easing, which is now multi-years old. Because the dollar has been the world reserve currency since the end of WWII, countries all over earth have huge stocks of dollars. It's not just countries or central banks, but companies and individuals. As people view their holdings, an enormous supply of dollars in light of this extraordinary printing of new money by the Fed, they get nervous. ....
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Stage3Alapha:
EXOGEN April 12, 2014 ZIMBABWE HAS TONS OF NATURAL RESOURCES TO BACK THEIR CURRENCY.
ALSO THE DONG IS NOW TRADING AT 47 CENTS IF YOU KNOW HOW TO ADJUST YOUR NETDAMIA SETTINGS. PEOPLE ARE LOOKING AT THE WRONG SCREENS.
THE RUPIAH, DONG, AND ZIM ARE BETTER SPECULATIVE INVESTMENTS THAN THE IQD. THE DISTRACTION WAS TO FUNNEL PEOPLE TO THE IQD WHEN THE OTHER CURRENCIES ARE BETTER ROI'S
Army guy : Who told you that Dong is now trading at $.47? Are we suppose to believe that while it's still showing to be worthless?
EXOGEN : NOBODY HAS TO TELL ME ANYTHING ITS LIVE PUBLIC INFORMATION ON NETDAMIA TRADING CHARTS IF YOU KNOW HOW TO FOLLOW THEM- PUBLIC INFORMATION
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aggiedad77 � April 12th, 2014,
Saturday Morning News Summaries
Central Bank distributes Iraqi funds abroad between different banks
The CBI is taking measures to protect its money abroad by distributing its funds into a number of different banks.....this comes as a result of the US ceasing their protective measures for Iraqi funds on May 22, 2014.
CBI plans to buy more gold
The CBI plans to purchase more gold in the coming months....we had kind of heard that already.....what I'm struggling to understand is how the World Gold Council can say that with 65.8 tons of gold that Iraq is third among the forty largest gold holders of the world...."in the formal sector"....whatever that means....behind Denmark and ahead of Pakistan.....that "formal sector" thing must be the kicker.....on a side note, I thought we had seen where they now owned like 90 tons of gold.
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Early Saturday Morning
TNT:
T6475W: FYI: Chinese contacts from the bond market say Obama is the one holding this up That's straight from bond dealers today, through a friend who works in that market...the Chinese have been trying to push it through this week and the can is getting kicked by our administration which includes some people that will be losing their (old) power grip as you can imagine
About Zim Article today:
Zlynn: ...Zim dollar notes were printed in October and November 2013, a senior official at Fidelity Printers and Refineries said. They were all high-denomination notes, with the biggest being $10-million."
The Zim currency advised to purchase here and other sites was the 100 trillion dollar banknote printed in 2008. This currency series was made obsolete in 2008. Based on this article, since I have the 100 trillion banknotes, I have the wrong currency to exchange.
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Central Bank distributes Iraqi funds abroad between different banks
[tlm724] the CBI has taken a series of measures recently aimed at protecting the money and deposits Iraq out of the country,
[tlm724] wanna see what they did ?
[tlm724] Bank for International Settlements enjoys immunity high and offers free high investment and Aymanh this opportunity, but central banks into confidence BAGHDAD / obelisk: Central Bank of Iraq announced that he Light Bank for International Settlements in Basel to increase investments has announced his agreement to invest another billion dollars for this year.
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Contact Us
Dinar Recaps
PO Box 1090
Edison, New Jersey
08818
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About Us
We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs. Our Blog posts are e-mailed in this Recap Newsletter.
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