My Ladies Monday Morning Update - 1/19/2015

[ronscarpa]

My Ladies Monday Morning Update - 1/19/2015 

GOOD MONDAY MORNING EVERYONE. WOW!! OH WOW!! THINGS ARE REALLY GETTING EXCITING NOW IN THE MARKETS AREN’T THEY?

WE HAVE SHIFTED OUR AREA OF STUDY OUTSIDE OF IRAQ AND HAVE NOT BEEN POSTING MUCH BECAUSE THERE IS LITTLE TO LEFT TO SAY ON IRAQ. BUT I HEAR THE CONFUSION AND I READ ALL THE EMAILS AND OUR SKYPE ROOM HAS GROWN CONSIDERABLY WITH CONFUSED PEOPLE SO HERE WE ARE TO GIVE OUR SIDE OF THIS EVER BUMPY TWISTING JOURNEY.

I AM SPEAKING TO PAST ARTICLES FROM THIS WEEK AND I’M SURE YOU HAVE READ THEM SO I WILL NOT DRUDGE THEM UP AGAIN INSTEAD WE WILL JUST WRITE COMMENTARY OK?

LET’S TAKE A QUICK SPIN THROUGH IRAQ, IF YOU HAVE BEEN WATCHING YOU NOTICED EVERYONE FROM ABADI TO JUBOURI AND EVEN MASSOUD YESTERDAY SAYING WE CAN NOT CONTINUE WITH OUT THE BUDGET.

WE READ LAST WEEK THAT THE BUDGET AND THE IMPLEMENTATION OF THESE BANKING AND INVESTMENT LAWS ARE RUNNING PARALLEL TO EACH OTHER.

YESTERDAY THE PRESIDENT MASSOUD SAID THE NATIONAL RECONCILIATION ACT AND THE BUDGET ARE RUNNING TOGETHER. (YOU CAN NOT RECONCILE WITH OUT FULL FILLING PROMISES) (YOU NEED MONEY FOR THAT)

I WILL SAY AGAIN, THIS IS NOT BECAUSE THE RATE IS IN THE BUDGET, NO NO NO, THIS IS BECAUSE IRAQ IS A CONSUMER COUNTRY, THEY IMPORT ALMOST EVERYTHING EXCEPT OIL OF COURSE. THEIR BUDGET IS BASED ON IMPORTED GOODS AND CONTRACTS. THEIR BUDGET IS INCLUDING INFRASTRUCTURE AND BUILDING PROJECTS FOR HOMES. THEIR BUDGET INCLUDES AGRICULTURAL PROJECTS.

MOST OF THESE INCLUSIONS AND REHABILITATION OF IRAQ ARE BEING DONE BY OUT OF COUNTRY COMPANIES. IN THE PAST THESE COMPANIES WERE PAID IN USD BUT NOW THEY NEED TO BE RECONCILED IN DINAR AND WE HAVE BEEN SEEING DAY AFTER DAY THAT THEY HAVE NOT PAID FOR THESE SERVICES YET.

ADDITIONALLY WE ARE SEEING THAT IMPORTED GOODS ARE DONE ON LETTERS OF CREDIT WHICH IRAQ WOULD NOT BE ABLE TO USE IF IT WAS NOT IMMINENT THAT THEY WOULD HAVE AN INTERNATIONAL TRADABLE CURRENCY.

I AM NOT SPEAKING TO RATE AT ALL, I AM SPEAKING TO INTERNATIONALLY TRADABLE CURRENCY. SO FOLKS YOU WILL SEE THIS BUDGET POSTPONED UNTIL THEY GET THEIR CURRENCY BACK AND IT’S TRADABLE. IT IS REALLY JUST THAT SIMPLE.

ANOTHER THING ON HOLD IS NEW LAWS BEING PASSED. HOW LONG HAS IT BEEN SINCE WE HAVE SEEN ANYTHING GO TO A VOTE? SINCE THIS NEW GOVERNMENT HAS BEEN SITTING ALMOST NOTHING HAS BEEN VOTED IN, OH MANY LAWS HAVE GONE FOR A READING OR 2 BUT NOT ANY FURTHER. CHECK PARLIAMENT WEBSITE.

WHY IS THAT? WELL TO IMPLEMENT A NEW LAW YOU NEED TO BE ABLE TO WRITE THE CHECK TO COVER IT. IRAQ CAN NOT DO THAT AT THIS TIME CAN THEY? ALL THE BANKING LAWS AND INVESTMENT LAWS AND HCL AND ON AND ON, THEY ALL NEED FUNDS TO MAKE THEM WORK.

WE SEE OIL SHARES THAT ARE GOING TO BE DISTRIBUTED TO THE PROVIDENCES AND WE SEE THE PRIVATE SECTOR ON THE BRINK OF IMPLEMENTATION BUT WE DO NOT SEE ANYTHING ACTUALLY BEING FINISHED. AND THE FRUSTRATION IS MOUNTING.

THE CABINET FOLLOWED THE GOVERNMENT PLAN TO THE LETTER, BUT NOW THEY NEED THE BUDGET TO FUND IT. THE 27 POINTS THAT THE SUNNI WANTED ADDRESSED HAVE BEEN MET BUT CAN NOT BE IMPLEMENTED BECAUSE WHY? THAT’S RIGHT THEY NEED MONEY THE PROVIDENCES NEED TO BE FUNDED.

LOOK AT THE AGREEMENT WITH ERBIL FOR PAYMENT AND THE REST OF HCL AND THE PROVINCIAL SHARES HOW ON EARTH CAN THEY BE PASSED WITH OUT A TRADABLE CURRENCY?

SO AS WE WATCH THIS UNFOLD WE WILL CONTINUE TO SEE THE BUDGET BEING KICKED DOWN THE ROAD UNTIL THEY CAN BRING IT TO THE INTERNATIONAL STAGE AT WHATEVER RATE THEY CHOOSE.

WE ARE NOT TALKING RATE HERE WE ARE TALKING BASIC ECONOMICS AND INTERNATIONAL TRADE RULES 101.

HOW LONG WILL ALL THIS TAKE TO FINISH .

WELL FOLKS IT IS FINISHED ALL OF IT. NOW THEY SIMPLY WAIT FOR THE GREEN LIGHT TO TURN IT ALL ON. WE STOPPED POSTING ON IRAQ AND DON’T EVEN FOLLOW IRAQ TO MUCH ANYMORE.

NOT THE DAY TO DAY IRAQ. THEY ARE AT THE MERCY OF THE AUTHORS AND IT IS JUST THAT SIMPLE. THEY ARE NOT IN THE DRIVERS SEAT AT THIS TIME.

WE ARE NOT AN INTEL SITE, WE HAVE OUR INTEL BUT WE DON’T USE IT FOR HYPE WE USE IT TO FOCUS AND DIRECT OUR COURSE OF RESEARCH. OUR PRIVATE SKYPE ROOM HAS SHIFTED OUR STUDIES TO THE WORLD STAGE, AND WE HAVE BEEN FOLLOWING THE MARKET TRENDS AND FOLLOWING THE MONEY FOR SOME MONTHS NOW.

WE HAVE OPEN DISCUSSIONS ABOUT WHAT’S HAPPENING AND WE ARE MORE AT EASE BECAUSE THAT IS AN AVENUE THAT’S MORE PREDICTABLE. AND THAT IS WHAT IRAQ IS WAITING FOR, THE CLIMATE TO BE RIGHT FOR THE DINAR TO MAKE IT’S APPEARANCE ONTO THE INTERNATIONAL STAGE AND DO THE JOB IT WAS SET UP TO DO.

WE ALL LEARNED SOMETHING FROM THE SWISS LAST WEEK DIDN’T WE? WE SAW THE ELEMENT OF SURPRISE. WE’RE PRETTY SURE THE SAME WILL BE FOR THE DINAR AND OTHER CURRENCIES.

PLEASE STOP LOOKING FOR ANY TYPE OF ANNOUNCEMENTS, PLEASE STOP WAITING FOR SHABBIBI OR ANY PARTICULAR PERSON TO MAKE A SPEECH OF ANY SORT AND PLEASE STOP WAITING FOR CELEBRATIONS BECAUSE I ASSURE YOU THEY’RE NOT COMING. THEY DON’T MAKE SENSE TO COME.

WHY ON EARTH WOULD ANYONE MAKE NEWS ANNOUNCEMENTS AND CELEBRATE 1 PARTICULAR CURRENCY?

WHY WHAT IS THE POINT AND ESPECIALLY FOR THAT CURRENCY TO BELONG TO IRAQ FOR HEAVENS SAKE. APPLY COMMON SENSE PLEASE. THE NUMBER OF DINAR HOLDERS IN THE USA IS ABOUT 1% OF THE POPULATION SO WHY ON EARTH WOULD THERE BE ANY FANFARE MADE OR ANNOUNCED TO THE ADDITIONAL 99% THAT THEY WERE ASLEEP AT THE WHEEL.

COULD YOU JUST IMAGINE THE POLITICAL BLOW BACK. HAHAHA THAT WOULD NEVER HAPPEN I’M PRETTY SURE.

NO. THERE IS A CORRECTION HAPPENING IN THE MARKETS AS WE WRITE THIS AND IRAQ WILL JUST BE A PART OF THAT CORRECTION. 
HOW LONG WILL ALL THIS TAKE?

I THINK NOT MUCH LONGER. IRAQ IS TURNING UGLY AND THE SUNNI WILL START TO LOSE CONFIDENCE IF THIS PROGRAM AND PROMISES ARE NOT MET REAL SOON AND AT THIS POINT TOO MUCH HAS BEEN DONE TO LET IT ALL FALL NOW. THEIR PROMISES AND EVERYTHING ELSE IS DONE.

I SAY IT AGAIN AND AGAIN IRAQ JUST WAITING AT THE GATE. AND THEY ARE NOT BEING HELD UP BY ANY ONE POLITICAL ENTITY EITHER. POLITICS DO NOT STEER THE WORLD, MONEY DOES. MONEY MAKES THE RULES AND POLITICS WRITE LAWS TO PROTECT THE RULES AND SPEND THE MONEY THE ONLY HOLD UP AND IT IS NOT REALLY EVEN A HOLD UP IS THE ENTIRE BANKING SYSTEM CORRECTING ITSELF.

NOW THE MARKETS CORRECTING WHILE WE CAN NOT DRAW A STRAIGHT LINE FROM SWITZERLAND TO IRAQ WE CAN SAY THAT THE AFTERMATH IN ALL THE MARKETS IS REMARKABLE AND THE DINAR HAS ALWAYS BEEN INTENDED TO BE A support CURRENCY RIGHT?

ISN’T THAT WHAT SHABBIBI SAID IN JACKSON HOLE?

THE DINAR IS THE ONLY CURRENCY WITH RESERVES TO BACK IT UP 1.5 TIMES. THAT’S WHAT WE READ FROM THE CONFERENCE THIS WEEKEND RIGHT?

CHECK THE BIS WEBSITE THERE IS NO OTHER CURRENCY WITH RESERVES AS STRONG. YOU SHOULD ABLE TO SEE WHAT THE INTENTION FOR THE DINAR HAS ALWAYS BEEN. THE DINAR HAS BEEN UNEMPLOYED BUT IT IS ABOUT TO SHOW ITSELF SOON.

WE HAVE SHIFTED OUR FOCUS TO THE REAL WORLD; IRAQ IS JUST HUMMING IN THE BACKGROUND WAITING.

YOU’LL NOT SEE ANYTHING ELSE REMARKABLE COMING FROM THEM UNTIL THEY ARE INTERNATIONAL.

OUR LINE OF STUDY IS PREPARING EVERYONE FOR THE VERY REAL WORLD OF FINANCE AND MARKETS THEY ARE ABOUT TO BE PLAYING IN. EVERYONE SHOULD HAVE A BASIC UNDERSTANDING OF CURRENCIES AND INTERNATIONAL TRADING AND HOW IT ALL WORKS.

SHIFT YOUR FOCUS TO MARKET ARTICLES FROM BLOOMBERG, AND MARKET WATCH AND WALL STREET JOURNAL BECAUSE THAT’S WHERE THINGS ARE HEATING UP AND SETTING THE STAGE FOR THE DINAR.

WE ENJOY THIS LINE OF STUDY. COME OUT OF IRAQ AND INTO THE REST OF THE WORLD. IRAQ IS DONE AND PATIENTLY WAITING FOR THE TIMING TO BE RIGHT FOR THE DINAR TO BE USEFUL TO THE GLOBE.

WE ARE IN THE HOME STRETCH NOW, BE SURE YOU UNDERSTAND HOW WE GOT HERE. 

LOVE TO ALL MY LADIES

[rkpdwp]

They have passed budgets before without a tradeable currency

[drj]

They have passed budgets before without a tradeable currency

 

That's true. 

[stealthwarrior]

You can pass the budget without a tradeable currency but time really is running out for Iraq to have a tradeable currency.they CANNOT continue much longer.they ARE at the end of the line.

[DinarDavo]

When does an "internationally tradeable" currency become mandatory? Hasn't Iraq bought military supplies, arms from Europe and Russia as well as F-16s from the US. Where are all their oil sales going to? They seem have been doing a great deal of international trade being they import just about everything except oil.

 

[drj]

When does an "internationally tradeable" currency become mandatory? Hasn't Iraq bought military supplies, arms from Europe and Russia as well as F-16s from the US. Where are all their oil sales going to? They seem have been doing a great deal of international trade being they import just about everything except oil.

 

 

I guess that I am starting to have the same questions.  I am sure that everyone else on this forum has the same feeling but this is old, really old.  Pull the trigger already...

[rkpdwp]

They have been paying with American currency

[ReinMan]

BLAH BLAH BLAH.

 

Get back in the kitchen, LADIES.

[DinarDavo]

They have been paying with American currency

 

Didn't they pass laws months ago that all contracts were to be conducted with dinar....or was that just for transactions inside of Iraq?

[rkpdwp]

I think there was some kind of deal where they could use dinar to pay M.E.countrys

[dinarmite]

BLAH BLAH BLAH.

 

Get back in the kitchen, LADIES.

Should they cover up thier bodies and head too?