Breitling - Question: "What Effect Does The Brexit Have On The Dinar World And Our Investment? "

[DinarThug]

CNN. Broadcasting While Attempting To Take This Website Out For A Test Drive After A Week In The Shop !

Looks Like It Still Needs A Tuneup ...

 

 

6-26-2016  Newshound Guru Breitling  Question: "What effect does the Brexit have on the dinar world and our investment? " The UK leaving the European Union has a lot to do with everything.  If you’re an American it’s fantastic news.  …How is Iraq going to add value to their currency?   What do they keep reporting that says hey you need to take our currency seriously?  Because what?  They’re reducing the note count…supply times velocity… It means the biggest threat to the US dollar for competition wise was just crushed…the Euro-The European Union.  How does that impact the currency that we’re invested in in Iraq?  Iraq is all in for the US dollar.  It is backed 100% by the US dollar.  They believe in the US dollar.  Their economy is built on the US dollar and the representation of that will be the dinar.  What a remarkable thing that is. 

 

[WISKY291]

Thanks, Thug

[boosterbglee]

Missed you Thugs! 

[BJinMontreal]

Fantastic?  Really?  CNBC doesn't seem to think so ...

http://www.cnbc.com/2016/06/24/brexit-101-what-just-happened-and-why-its-important-for-americans.html

Nearly every market move over the last two weeks has been attributed to the British referendum on whether the United Kingdom should remain with or leave the European Union.

 

A poll showed Brits might want to leave? Down go stocks. Then it looked like the U.K. would stay in the political and economic bloc? Here's 200 points to the upside for the Dow Jones industrial average.

Now that the U.K. has officially voted in favor of leaving, markets are going wild. The Dow shed 500 points right out of the gate, before paring some of those losses. The British pound also posted its largest one-day fall ever, before recovering slightly.

And it's not just trading desks who cared about Thursday's referendum. Federal Reserve Chair Janet Yellen said earlier this month that a British exit from the EU "could have consequences in turn for the U.S. economic outlook."

So, what exactly happened?

British citizens voted on the question, "Should the United Kingdom remain a member of the European Union or leave the European Union?"

Polls closed at 10 p.m. London-time (5 p.m. Eastern), and then the official results were called about 9 hours later.

Now that the leave camp has won, the process of a British exit from the EU will begin, but some estimates say the negotiations could take more than two years.

If Brits had voted to stay, then markets would have been free to breathe a sigh of relief.

(According to the BBC, eligible voters were "British, Irish and Commonwealth citizens over 18 who are resident in the U.K., along with U.K. nationals living abroad who have been on the electoral register in the U.K. in the past 15 years. Members of the House of Lords and Commonwealth citizens in Gibraltar (would) also be eligible, unlike in a general election.")

And why is everyone nervous?

As could be expected, the primary stance of EU politicians was that the U.K. should stay within the bloc, but nations and expert groups across the world also expressed their preference for a stay victory.

Important British trading partners — including India and China — indicated they were worried that an exit would create regulatory and political volatility that could harm the economies of everyone involved.

The U.K.'s Treasury itself reported that its analysis showed the nation "would be permanently poorer" if it left the EU and adopted any of a number of likely alternatives. "Productivity and GDP per person would be lower in all these alternative scenarios, as the costs would substantially outweigh any potential benefit of leaving the EU," a summary of the report said.

As the overall economy weakens, the British government would see weaker tax receipts than otherwise, and those losses would vastly outweigh the benefits of reduced contributions to the EU, according to the analysis.

The Bank of England, the International Monetary Fund, and others have warned of the long-term negative effects of a British exit.

And although some have dismissed those analyses as "rotten propaganda," most mainstream economists overwhelming agreed the move would be bad for the U.K.

That’s it? That’s the big global concern?

Yeah, so, this is where it gets a tad more complicated. The general thinking is that many international corporations, notably those based in the U.S. and China, invest in U.K. operations partly so they can readily access the free-trade corridors the U.K. enjoys with the rest of the European Union. So since the leave camp won, many of those companies could see drastically reduced profits.

The sudden need to reset tons of global investment channels — against the background of the ambiguous and extended period of the U.K.'s exit negotiations — could have a freezing effect on the whole region.

"Negotiations on post-exit arrangements would likely be protracted, resulting in an extended period of heightened uncertainty that could weigh heavily on confidence and investment, all the while increasing financial market volatility," the IMF said in an April report. "A U.K. exit from Europe's single market would also likely disrupt and reduce mutual trade and financial flows, curtailing key benefits from economic cooperation and integration, such as those resulting from economies of scale and efficient specialization."

Depending on how you measure it, the EU as a whole ranges from the first to the third largest economy in the world. And in terms of trade, the bloc easily topped the U.S. and China in both imports and exports.

So a slowdown there would mean a global slowdown. One that could last months — if not years.

And here's why the fallout is global

Yeah, it does sound hyperbolic, but there are actually a couple arguments for why a British exit may hurt the rest of the globe.

In Europe, the EU could run into economic trouble for a couple of reasons. The lengthy and as-yet ambiguous exit negotiations could cripple investment, as mentioned above, but they could also lead to more exits. Nationalist groups across Europe will be watching the referendum closely to see if they can use the results into their advantage.

Elsewhere, the economic risks are best understood as a function of uncertainty. EU uncertainty: If financiers and companies are concerned that they may get cut out of free-trade channels, they may find safer (which is to say, less productive) uses for their money. And British uncertainty: All those billions of dollars already invested in the U.K. and invested abroad by British entities could be in limbo as London rushes to negotiate new non-EU trade deals with key partners.

In the U.S., billions, if not trillions, of dollars could be called into question by a British exit: In 2014, American direct investment into the EU totaled about 1.81 trillion euros, and about 1.99 trillion euros flowed in the opposite direction, according to the European Commission.

If even a small percentage of that is disrupted, it could reverberate across the globe.

Similar concerns apply for Chinese, Indian, Japanese and other international companies and investors.

And then there's the issue of currencies...

With all of that uncertainty rushing around, a British exit will likely result in a massive rebalancing of currencies.

Investors will (and have already begun to) dive out of the British pound and into cash that's perceived as safe — the Swiss franc, the Japanese yen, the U.S. dollar. The euro could also see some weakening if investors are worried about the fate of the EU.

While being a safe haven could sound like a boon for the U.S. economy, such a large, sudden currency swing could have significant negative implications for American multinational corporations.

The fallout from those currency moves could be another source of short- and medium-term economic tumult.

So why did the UK vote to leave?

Most experts laid out arguments like the ones above in explaining why the U.K. should vote to stay in the European Union. But there are many reasons why Brits voted

First and foremost, a lot of people simply didn't care about the multinational corporations and investors who would likely bear the immediate losses of a vote to leave — not to mention the fact that "expert" predictions are increasingly unpersuasive to voters.

And for many, concerns about the costs of continued EU membership far outweighed any worries about leaving.

One of the major sticking points in the conversation has been immigration concerns, as some Brits worry that the country's employment market and social services will drown under the weight of too many new residents. There's also the worry that upper-crust elites and Brussels bureaucrats are pushing for a continental identity that diminishes the U.K.'s own sense of self.

There were also economic arguments, although they were more often made by pro-exit politicians than by professional economists. Those politicians argued that the EU's strong regulatory regime and its required contributions actually depress the U.K.'s growth potential.

[Synopsis]

Thank You Thug and BJInMontreal for posting the articles!

The last article states toward the end, "With all of that uncertainty rushing around, a British exit will likely result in a massive rebalancing of currencies."

Hey, can the IQD be included in the massive rebalancing of currencies, too?  Here's hoping!!!

[boosterbglee]

Your synopsis is right on Synopsis!  Fingers crossed!

[Freedomwish]

Boy, this week's chat with Adam just might be very interesting indeed after this Brexit situation......yup!

[Sage449]

Hey DT - thanks!!! Good read

BJ - what I found interesting this morning and last night's news, was the group that do not want to leave the EU, are already whining and want to file a revote - that somehow people that voted do not understand the ramifications and therefore voted erroneously. Sounds like the U.S. and when the O-care was filed - all the hub bub and scare tactics - and that somehow when ya vote against what they want, you're a dummy and surely cannot understand what you voted for. For all the information out on why to exit and why not to exit - people there were well informed. Now the loser doesn't like the results and crying foul or is that fowl -

[SgtFuryUSCZ]

***///

... we'd be p.o.'d, too if some globalist fat cat elitist in Brussels decided it was a grand idea to take away our

classic Tea Kettles because they are "harming the environment"....  Not to mention that constant mass

"immigration" that's killing off Europe one Nation at a time...

 

Sure, the elitist OWO/NWO spazzes who wanna take over the world and think destroying sovereignty of

entire nations  is groovy are going to scream "racist haters" all day long....     Hell, we hear it here often

enough from the likes of CRIMINALarious klinton, ho'bummer, and their elitist kommie ilk all the time...

 

Well, the world has had enough -- the awakening has begun.... 

we're all fed clear up to here with their hijacking of humanity .

 

Patriots, draw your Terrible Swift Swords of Justice !

 

 

.

 

 

 

 

[TennesseeCherokee]

5 hours ago, BJinMontreal said:

Fantastic?  Really?  CNBC doesn't seem to think so ...

http://www.cnbc.com/2016/06/24/brexit-101-what-just-happened-and-why-its-important-for-americans.html

Nearly every market move over the last two weeks has been attributed to the British referendum on whether the United Kingdom should remain with or leave the European Union.

 

A poll showed Brits might want to leave? Down go stocks. Then it looked like the U.K. would stay in the political and economic bloc? Here's 200 points to the upside for the Dow Jones industrial average.

Now that the U.K. has officially voted in favor of leaving, markets are going wild. The Dow shed 500 points right out of the gate, before paring some of those losses. The British pound also posted its largest one-day fall ever, before recovering slightly.

And it's not just trading desks who cared about Thursday's referendum. Federal Reserve Chair Janet Yellen said earlier this month that a British exit from the EU "could have consequences in turn for the U.S. economic outlook."

So, what exactly happened?

British citizens voted on the question, "Should the United Kingdom remain a member of the European Union or leave the European Union?"

Polls closed at 10 p.m. London-time (5 p.m. Eastern), and then the official results were called about 9 hours later.

Now that the leave camp has won, the process of a British exit from the EU will begin, but some estimates say the negotiations could take more than two years.

If Brits had voted to stay, then markets would have been free to breathe a sigh of relief.

(According to the BBC, eligible voters were "British, Irish and Commonwealth citizens over 18 who are resident in the U.K., along with U.K. nationals living abroad who have been on the electoral register in the U.K. in the past 15 years. Members of the House of Lords and Commonwealth citizens in Gibraltar (would) also be eligible, unlike in a general election.")

And why is everyone nervous?

As could be expected, the primary stance of EU politicians was that the U.K. should stay within the bloc, but nations and expert groups across the world also expressed their preference for a stay victory.

Important British trading partners — including India and China — indicated they were worried that an exit would create regulatory and political volatility that could harm the economies of everyone involved.

The U.K.'s Treasury itself reported that its analysis showed the nation "would be permanently poorer" if it left the EU and adopted any of a number of likely alternatives. "Productivity and GDP per person would be lower in all these alternative scenarios, as the costs would substantially outweigh any potential benefit of leaving the EU," a summary of the report said.

As the overall economy weakens, the British government would see weaker tax receipts than otherwise, and those losses would vastly outweigh the benefits of reduced contributions to the EU, according to the analysis.

The Bank of England, the International Monetary Fund, and others have warned of the long-term negative effects of a British exit.

And although some have dismissed those analyses as "rotten propaganda," most mainstream economists overwhelming agreed the move would be bad for the U.K.

That’s it? That’s the big global concern?

Yeah, so, this is where it gets a tad more complicated. The general thinking is that many international corporations, notably those based in the U.S. and China, invest in U.K. operations partly so they can readily access the free-trade corridors the U.K. enjoys with the rest of the European Union. So since the leave camp won, many of those companies could see drastically reduced profits.

The sudden need to reset tons of global investment channels — against the background of the ambiguous and extended period of the U.K.'s exit negotiations — could have a freezing effect on the whole region.

"Negotiations on post-exit arrangements would likely be protracted, resulting in an extended period of heightened uncertainty that could weigh heavily on confidence and investment, all the while increasing financial market volatility," the IMF said in an April report. "A U.K. exit from Europe's single market would also likely disrupt and reduce mutual trade and financial flows, curtailing key benefits from economic cooperation and integration, such as those resulting from economies of scale and efficient specialization."

Depending on how you measure it, the EU as a whole ranges from the first to the third largest economy in the world. And in terms of trade, the bloc easily topped the U.S. and China in both imports and exports.

So a slowdown there would mean a global slowdown. One that could last months — if not years.

And here's why the fallout is global

Yeah, it does sound hyperbolic, but there are actually a couple arguments for why a British exit may hurt the rest of the globe.

In Europe, the EU could run into economic trouble for a couple of reasons. The lengthy and as-yet ambiguous exit negotiations could cripple investment, as mentioned above, but they could also lead to more exits. Nationalist groups across Europe will be watching the referendum closely to see if they can use the results into their advantage.

Elsewhere, the economic risks are best understood as a function of uncertainty. EU uncertainty: If financiers and companies are concerned that they may get cut out of free-trade channels, they may find safer (which is to say, less productive) uses for their money. And British uncertainty: All those billions of dollars already invested in the U.K. and invested abroad by British entities could be in limbo as London rushes to negotiate new non-EU trade deals with key partners.

In the U.S., billions, if not trillions, of dollars could be called into question by a British exit: In 2014, American direct investment into the EU totaled about 1.81 trillion euros, and about 1.99 trillion euros flowed in the opposite direction, according to the European Commission.

If even a small percentage of that is disrupted, it could reverberate across the globe.

Similar concerns apply for Chinese, Indian, Japanese and other international companies and investors.

And then there's the issue of currencies...

With all of that uncertainty rushing around, a British exit will likely result in a massive rebalancing of currencies.

Investors will (and have already begun to) dive out of the British pound and into cash that's perceived as safe — the Swiss franc, the Japanese yen, the U.S. dollar. The euro could also see some weakening if investors are worried about the fate of the EU.

While being a safe haven could sound like a boon for the U.S. economy, such a large, sudden currency swing could have significant negative implications for American multinational corporations.

The fallout from those currency moves could be another source of short- and medium-term economic tumult.

So why did the UK vote to leave?

Most experts laid out arguments like the ones above in explaining why the U.K. should vote to stay in the European Union. But there are many reasons why Brits voted

First and foremost, a lot of people simply didn't care about the multinational corporations and investors who would likely bear the immediate losses of a vote to leave — not to mention the fact that "expert" predictions are increasingly unpersuasive to voters.

And for many, concerns about the costs of continued EU membership far outweighed any worries about leaving.

One of the major sticking points in the conversation has been immigration concerns, as some Brits worry that the country's employment market and social services will drown under the weight of too many new residents. There's also the worry that upper-crust elites and Brussels bureaucrats are pushing for a continental identity that diminishes the U.K.'s own sense of self.

There were also economic arguments, although they were more often made by pro-exit politicians than by professional economists. Those politicians argued that the EU's strong regulatory regime and its required contributions actually depress the U.K.'s growth potential.

Pip pip.....Cheerio & all that bloody rot !  ??....it will all equibrillate....eventually. Good Evening Everyone ! Good To 'see' you all again ?

[skeetdog]

Thanks DT...I'm incline to lean toward this Brexit as playin' into our hand...With the IMF already on-board in backin' the IQD and lookin' for mergin' currencies...Iraq is in a good spot the way I see it, to have an opportunist time to go international...There are some laws that still need to be past and there's the possibility that these laws have been taken care of behind closed doors an are waitin' for the appropriate time to be announced...EID at the end of Ramadan will be very interesting....   

[geman]

Yes some of the sleeping dogs are waking up! Let's hope it's not to late.

[Sage449]

Without taking away the tone of DT's thread, I also was thinking about the book of Revelation and what bearing this will have on the new Roman empire given the UK makes up the modern Roman empire......is this setting the stage for the anti-Christ?

[sandfly]

Thanks clown 

[DinarThug]

 

6-27-2016  Newshound Guru Breitling  Question: “ I’m a grandmother that purchased dinar back in March 2013.  I’ve been under the impression that when the currency revalues that I can take it to the bank, exchange it for dollars at a higher rate and live happily ever after.  In the last few months several of my friends have been telling me that there will be no public exchanges but that you have to be in a private group with a contract to exchange.  These friends have surrendered all of their dinar to a group back in January… They’re still waiting for their funds from the dinar…”  Yeah, imagine that…I’m not trying to be a smarty pants but …you know what? They’re wrong and they’re in deep trouble cause they’ll never see that dinar again. 

 

6-27-2016  Newshound Guru Breitling  …Whether it revalues from the government or their little private group they’ll never see it [dinar] again.  This is the exact same definition that I’ve been hearing for the last 3 or 4 years…”you’re the chosen ones so don’t talk about it.”  The title of the email [from Grandma] was “please calm fears.”  You have nothing to fear…you still have your currency…they don’t.  There is no such thing as a private exchange and they’re is no public exchange?  How does that work?  Does anyone want to tell me how that works?…so a couple private groups get to exchange their currency but no one else on the planet does, huh?  

 

6-28-2016  Newshound Guru Breitling  Question cont.  “They are telling me…3 zeros will be deleted from the dinar and my 25K note will only be worth 25 dinar.  They are saying there is no way Iraq can pay 3 plus to exchange notes being held around the world, can this be? “ Well no.  They are NOT going to PAY for it…it’s an exchange. And it’s not an exchange from Iraq…it’s an exchange from the banks from wherever you’re at.  Iraq doesn’t have to pay for it.  It’s an exchange.  It’s a swap.  And so it’s not going to be $3 it’s going to go up to $1.17 but later on the road it could be $3 but you and I don’t know how long we can sit on the notes that we have.  So again what they are talking about is LOP.  So basically they are using the same scam…look they are going to lop the 3 zeros off that currency unless you’re part of the bank through our private bank account so all your money goes to one person’s bank account you’re pretty much up the creak…what are you going to do get a lawyer?  

 

6-29-2016  Newshound Guru Breitling  So how do we know they are not going to just take the 3 zeros off the currency and do a lop?  Because if they were going to do that they don’t need to reduce the note count do they?  And that’s physically getting rid of notes.   And them reporting it…telling people, ‘hey we’re down to 4 billion notes.’  Not dinars…NOTES.  Remember one note can represent 25 thousand dinar.  No one knows that exact combination because we don’t know the exact number of denomination that are out there.  That’s how you know.  The day they actually had a report of where they reduced the note count…that was the end of the debate.  Be happy you didn’t fall for the trap.  Don’t give your dinar to anybody.  Don’t give your US dollars to anybody.  For any reason at all…

 

[Synopsis]

Hey everybody, here you have it.  A guru saying the "Private Groups" and exchanges is a scam.  If you have turned over your dinar to one of these scammers for "safe keeping" and "exchange for a higher rate, if at all" then, as stated, you can kiss the dinar good bye.

For those new to DV, please exercise extreme caution in your commitments to relinquishing your IQD and the physical letting go of the IQD (800 numbers included). There are scammers out there that will tell you unheard of stories that they want you to think benefits you so you give them your dinar - with no return or will make future threats of harm to you or your loved ones.