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  1. Backdoc From KTFA: "The Ice Man" - 1/15/2015 backdoc » January 15th, 2015, 10:24 am IMO THE ICE MAN WE CURRENTLY HAVE TWO AMAZING DYNAMICS IN PLAY AT THE MOMENT. AS I'VE BEEN BEATING THE DEFLATION DRUM NOW LONG ENOUGH THE CRACKS IN THE PROVERBIAL CURRENCY ICE ARE BEGINNING TO WIDEN NOW! WITH RUSSIA UNDER EXTREME PRESSURE DUE TO FALLING OIL PRICES THEY ARE NOW CAUGHT WITH THEIR PANTS DOWN AND NO WAY TO RUN WITHOUT TRIPPING OVER THOSE DRAWERS! LOL VENEZUELA IS IMPLODING ALONG WITH ARGENTINA! NOW GUESS WHO IS HOLDING THEIR BAD DEBT? RIGHT CHINA! .... AND TO MAKE THINGS WORSE THE BLACK GOLD PRICE GOT RAISED OVER THE WEEKEND TO ASIA AND LOWERED TO EUROPE! MMMMM NO LETS KEEP GOING WITH THIS CURRENCY THEME SHALL WE? AS A RESULT OF IRAQ DROPPING ITS' CRUDE PRICE TO THE EMPIRE IN THE EU WE NOW SEE THE TWO BLACK GOLD CURRENCIES COME TO PARITY IN TWO TRADING DAYS!! HOLY LUBRICATION OF PRICES BACKMAN!!! LOL TODAY'S SHOCKING NEWS IS A RAISING OF HANDS BY THE SWISS BANK SAYING, OK, I GIVE UP! (See Article Below) SO THEY SEE THE HAND WRITING ON THE WALL OF TWO MORE CURRENCIES COMING TO PARITY, THE EURO AND THE DOLLAR!! I ASSURE YOU FOLKS THERE IS MORE TO THIS THAN MEETS THE EYE!! MY THEORY OF PARITY MAY HAVE ALREADY BEEN ACCEPTED BY THE SWISS AS THEY DEPEG FROM THE EURO! THE DEFLATION SLIDE IS NOW UNDER WAY! AND SO THE REPRICING OF STOCKS WILL BEGIN AS SEEN THE LAST COUPLE DAYS!! TO MAKE THINGS WORSE THE BIG BANKS ARE MISSING BIG ON EARNINGS! FIRST JP MORGAN AND NOW TODAY BANK OF AMERICA!! I WISH I HAD TIME TO SHARE MORE BUT MY SCHEDULE OF LATE IS CHALLENGED! I WILL TRY TONIGHT TO SHARE MORE IF I HAVE A CHANCE!! TRY TO THINK OF THE BIG PICTURE THIS WAY: 1. WE HAVE OIL TRYING TO BOTTOM AND FIND A BID TO COME OUT OF CONTANGO 2. WE HAVE BRENT AND WTI CRUDE OIL COMING TO PARITY 3. WE HAVE THE EURO ACCELERATING ITS WAY TO PARITY TO THE DOLLAR 4.WE WONDER IF THE GBP WILL ALSO BITE THE DUST AND COME TO PARITY WITH THE DOLLAR 5. WE AWAIT A VOTE BY TUES. ON THE BUDGET 6. WE SEE VERY SIMILAR EVENTS FINANCIALLY OCCURRING IN VIETNAM WITH CHINA PRESSURING THEM ON SWITCHING TO YUAN ESSENTIALLY! MMMMMM 7. WE AWAIT BUDGET DEFICITS TO BE EVAPORATED BY A STRONGER PURCHASING POWERED DINAR 8. WE SEE MASSIVE BOND INVESTMENTS IN IRAQ TO SUPPORT ITS CURRENCY 9.WE SEE STRONG ACTION BEING TAKEN TO OPEN UP TO A MARKET ECONOMY 10. FINALLY WE AWAIT A CRESCENDO OF ALL THESE POINTS LINING UP TO BRING GREAT POWER, JUST LIKE A FOCUSED LASER LIGHT! THE ICE MAN CONTINUES TO DELIVER !!!!! ABADI IS TRULY BECOMING A MIDDLE EAST HERO! BACK TO PATIENTS 8@8, DOC IMO walkongstick :Switzerland Stuns Markets by Giving up on Currency Peg LONDON — Jan 15, 2015, 7:53 AM ET By PAN PYLAS Associated Press Bowing to the inevitable, Switzerland has ditched an increasingly expensive policy to keep a lid on the export-sapping rise of the Swiss franc — a move that saw the currency spike a whopping 30 percent against the euro. Thursday's decision to call time on its efforts to keep the euro from trading below 1.20 francs came amid mounting speculation that the European Central Bank will next week back a big government bond-buying program that will put more euros in circulation, diluting their value. That expectation has seen the euro face intense selling pressure in currency markets, particularly against the dollar. The euro has fallen to nine-year lows against the dollar and below its launch rate in 1999. As a result, the cost for the Swiss central bank of constantly defending the peg by buying euros or selling francs has been rising. The scale of their task was evident in the franc's movements in the markets following the abandonment of the peg. At one stage, the euro had plunged a stunning 30 percent against the franc before recovering somewhat to trade 13 percent lower at 1.04 francs. "Switzerland suddenly got a whole lot more expensive," said Michael Hewson, senior market analyst at CMC Markets. Many analysts thought the decision was inevitable in light of next week's expected announcement by the ECB to break new ground in its efforts to inject life into the ailing 19-country eurozone economy. A week ahead of the stimulus, which some in the markets think could be worth 1 trillion euros ($1.17 billion), the Swiss National Bank, or SNB, is preparing for the market impact. "The first thing it says is that the SNB clearly expected to see a huge surge of inflows in the week ahead and saw little reason to provide these buyers of francs with an artificially cheap rate," said Simon Derrick, chief currency strategist at BNY Mellon. The Swiss central bank said nothing of the sort, though, arguing that the "exceptional and temporary" measure to protect the Swiss economy was "no longer justified." The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional safe-haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height. The strong franc was then particularly problematic for Swiss exporters, who were forced to drastically cut prices to remain competitive. Unsurprisingly, Thursday's move prompted a painful 11 percent drop in Switzerland's stock market as investors took fright at the worsening outlook for Swiss companies selling chocolate or ski holidays and the possibility that the country will suffer a sustained period of falling prices, or deflation. A stronger currency makes imports cheaper, further dampening already-subdued price pressures — in the year to December, prices fell 0.5 percent. In an effort to contain the franc's appreciation and limit any damage to the Swiss economy, the central bank on Thursday also lowered a key interest rate — what it charges commercial banks to deposit at the bank — to minus 0.75 percent from minus 0.25 percent. The hope is that it dissuades banks from parking their cash at the national bank and instead possibly invest it. http://abcnews.go.com/International/wireStory/swiss-national-bank-scraps-minimum-exchange-rate-euro-28239702
  2. Tidbits From Delta and KTFA Members Sunday Evening - 12/28/2014 DELTA » December 28th, 2014, 6:03 pm The last trading session of 2014 Monday, 29.12.2014 and the first trading session of 2015 Sunday, 11/01/2015 12/28/2014 06:08 Further to Bektaibna No. 2196 on 12.15.2014 According to the Central Bank of Iraq No. 1610/23 on 12/21/2014 included: direct bank branches not to send and receive electronic instruments to two (7-8) / 2015/1 on the occasion of renovation Iraqi payments system by the Central Bank of Iraq. Board of Governors decided to be the first trading session of the new year on Sunday, 11/01/2015 DELTA LINK .... Aggiedad77: "Renovations".....interesting choice of words....of Iraqi payment systems by the CBI.....even more interesting....and then....reaching outwards to January 11th.....sounds like we are looking more towards the mid aspect of the month....I can wait though....anxiously....but I can wait. Thanks Delta Aloha Randy ********** Zochowski: EVENING "DELTA"!!! WELL BOYS N GIRLS, SOUNDS LIKE YOUR 10 DAYS HAVE JUST BEEN VERBALLY ANNOUNCED INTERNATIONALLY, OR HAS IT BEEN DONE INTENTIONALLY?????????? TIES INTO THE ARTICLE BOUT "ISX" BEING DOWN TILL THE 6TH/7TH OF JANUARY........ WOULD ALSO ALLOW TIME FOR INTERNAL ITEMS TO BE DONE TO PREPARE FOR INTERNATIONAL ITEMS........ HOWEVER, MY QUESTION WHY FROM 29TH TO THE 11TH????????? LAST ARTICLE WAS IMPLYING 27TH TO THE 6TH??????? WHY DO THEY NOW NEED "EXTRA" TIME?????????? ANY TAKERS ON THESE QUESTIONS, C"MON, STEP UP TO THE MICROPHONE, POWER IS STILL ON, LOL LOL................ I HAVE SOME THOUGHTS, BUT AM REFRAINING MYSELF AT LEAST TILL MID-WEEK........ THANKS SIR!!!! G/B M/Z ********** DELTA » December 28th, 2014, 7:00 pm EARLY 2015 LOOKING VERY GOOD!!! ISX,ATM... WAITING FOR RATE!!! DELTA ********** Aggiedad77: Well Delta.....the world turns and so do the events in Iraq....I think the events in Iraq are beginning to move at an ever greater speed..... I'm so liking all that we are seeing that is happening in the past few days and the overall attitude from PM Abadi in moving things forward for the Iraqi people and pushing to bring Iraq onto the international levels that will make great things happen. Thanks brother Aloha Randy
  3. Here's Mtn.Goat's latest for you Goat lovers...This is long, so read at your own risk (LOL)...! Please don't shoot the messenger - eat the meat & spit out the bones...BE BLESSED EVERYONE...RON Mnt Goat: "Be Careful What You Ask For" Part 1 - 12/20/2014 UU8548 – “Be Careful What You Ask For” by Mnt Goat -- emailed to D.Recaps Hi Everyone, This is going to be a great news letter today. A little long so grab a cup of hot coffee, get your reading glasses, find a comfortable chair, sit back and relax. There are many topics to cover and it is all related to the process of the revaluation of the Iraq dinar. Please be patient, sometimes you have to break a few eggs before you can make the omelet…..lol… I will try to make the needed connections for you as much as I am allowed to tell the story. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 12/8 as this news letter is a continuation of this news. ~~~ Today’s News Many of you keep asking me why the RV is still consistently being held up. Maliki is essentially gone and a new government is now in place but still no RV. Once again we have witnessed this over and over especially in the last couple weeks right up until now. Why? There are many reasons and I will try to explain some of them that I can talk more liberally about. I know for a fact that if all went well in Iraq this past week we should have seen this RV. There was a plan laid out by the USA and the CBI. However the Iraqi government did not complete its part of the plan and so it simply will no happen according to this old plan. This is how the plan was laid out for this week. This weekend the RV being announced, first in Iraq (showing up on the CBI website) then the new rate going live in Iraq on 12/22. Many of the groups in the USA would then have been allowed to continue exchanging through the two weeks of the holiday season up until the end of December. The 800#s were to be activated on 12/18 to begin appointments with exchanges beginning on 12/22. This was the plan and it was not executed. If you do the math you can see that there was a 10 day delay built into the rollout schedule from when Iraq RV’d and the official USA roll out. I do not know all the details or the concerns as to the necessity for the 10 day delay. So today is Saturday and still no 800#s- What happened? My contact in Iraq was informed by the Finance Minister, Hoshyar Zebari, in a news briefing as late as Thursday 12/18, and he said that the ministerial committee in charge of preparing the budget had just completed its work and will provide the general budget in its final form to the Council of Ministers next Monday 12/22. You can see in order execute this planned rollout the USA needed this budget done by 12/18 as previously scheduled. So now the plan changes. So what is the new plan? Also Ahmed Sarhan, Parliamentary finance committee confirmed on Tuesday 12/16 , that the general budget for the year 2015 Act will reach the House of Representatives later this month, while pointing out that it was agreed to reduce budget expenditures to reduce the deficit ratio. The head of the parliament Saleem al-Jubouri confirmed also this week, the House of Representatives are ready to hold an extraordinary session in the event of the arrival of the budget to him, pointing out that the government faces challenges in this area and thus may not get a quorum as needed for the session voting. All of these late budget adjustments/modification have messed up the timetable of the USA for the final phases of the RV rollout plan but be patient. We all have to take the punches and roll with them. I believe we are still in a very, very close proximity to the final phase completion. The plan now just has to be adjusted a bit for the timing. So to make a long storie short, everything is now pushed out. Because of the holidays I do not believe we will not see many more group exchanges going on and what is remaining will go with the final announcement and general public. This is being planned out right now as I write this news letter. A new timetable should be forthcoming soon. I will attempt to bring it to you when I get it. I am hearing they still need to have the RV done once the Iraq 2015 budget is voted on. They are still targeting the end of 2014. They need to open the budget immediately after passing it in parliament. Remember this all was originally supposed to be done prior to the end of December 2014 but we see it is now overflowing into January 2015. This is not a good thing. It can not overflow to far into 2015 for obvious reasons. I am still hearing a target of very early 2015. Seems the early part of a new year is the best time for this RV if we look at the past target dates. So we can probably not expect anything until then. Is anything done on time in Iraq ? ……lol….. Every year Iraq struggles to get their budget completed. Their fiscal year ends on Oct 31st. This year is much different however. This year they are facing deficits due to the war and the money stolen due to Maliki corruption. There is an entire book of projects they need to complete and fund. Sure they have great wealth but you can’t spend oil it has to be brought to market and sold first. The ever changing recent drops in oil prices is causing a constant strain on having to readjust their budget figures over and over again. The good news is Iraq is now making it public that they will open the oil spigot come 2015 to over 500,000 barrels oil for their annual production. This is amazing ! We can expect yet lower oil prices in the future. Some are saying that this is counterproductive to them since prices will only drop even lower – good old supply and demand economics. Yes this is true however the government of Iraq can’t control the other oil suppliers and thus have to raise output to increase revenues since revenues now are lower per barrel. Does this make sense? OPEC now had taken a backseat in allowing this free oil flow. Just why is this all being done this way? Remember too in the past the IMF and the USA reviewed their budget and then allocated the DUI funding to support it, as appropriate. Since Iraq was not allowed to manage their own revenues from oil for fear of funding terrorists or buying weapons of mass destruction. We see from the old Maliki administration that this is just what may have happened too. For 2015 there is no legal grounds for this process to continue since Iraq is now a sovereign nation. So how does the USA keep tabs on their spending? This is a simple matter. They force them to outline their revenue sources and expenditures (using a budget as the means to do it) and they force them to make it legal (a vote in parliament) so they adhere to it. Remember the USA is still in part micro managing Iraq since they are the new kid on the block when it comes to democracy and budgets. They now motivate them to do this all by dangling the RV carrot in front of them. If the USA does not like something in the budget it will never reach parliament and is negotiated at the level in the council of ministers. This too has caused many delays in getting the budget prepared. As we can see from my explanation above the Iraq 2015 budget is on everyone’s mind these days. Many think this is the one event we are all waiting on to get our RV. Well I am here to tell you today it is not but certainly has an indirect impact. How can it not? Sometimes they create chaos to bring us order in the end. They (meaning Iraq) are now simply telling us another delay tactic from announcing any completed budget until the time is ripe and they want to push out the final part of the Iraq economic reforms that of bringing back their currency to international status. Remember they have to tell their citizens something since they keep announcing these reforms will be done in the coming days. I will attempt to explain to you what is going on behind the scenes and not being told in the news media to us. When I listen to the news media on this topic the information is very, very superficial in nature. What you are being told in part is what I explained above. What is reality is much different than their perception. What I am about to tell you now is also part of the situation. Listen up! These are the other reasons for the delay. A Bit of History In 2012 we witnessed an announcement by the CBI of their intentions to RV early 2013. The new coins too were supposed to be introduced in Sept 2012. Remember? The Maliki GOI interfered so then once again delayed the process. After this delay we heard a year later in the fall of 2013 the intentions again to follow up and complete the project to delete the zeros in early 2014. Then in late 2013 we witnessed the takeover of the CBI and once again Dr Shabibi’s plans for an RV were postponed indefinitely as announced by the new governor of the CBI. Dr Shabibi had all intentions of rolling this RV out on these scheduled timeframes during these two timetables. The CBI itself has just recently told us these facts in recently published articles so this is not rumor or conjecture. Remember there are two plans and two RV timetables that must coincide together. One timetable is that of the USA since they hold the POWER to run the software to initiate the final stages of the rollout to the global exchanges and banks. The other timetable is the plan of the CBI and their intentions. The CBI alligns the RV to the political and security situations. There simply must be security in both areas. The problem is the two plans are not always in sync and often clash as we saw in 2012 and 2013. Our intel here from the USA UST tell us of the USA plan, we then hear the CBI plans on what news articles we get. Some of us have excellent CBI contacts to help us out. As good intel providers to the dinar investor community we are responsible to try to piece together these plans and sync them up. This does not always happen and so we are left hanging repeatedly when we are only told of the USA plan and do not see, understand or appreciate what is really happening in Iraq and its impact on the USA rollout plan. Thus the USA plan anticipates certain events in Iraq and adjust their plan for the RV rollout accordingly. Intel then tells us any day or everyday for the RV. Is the UST then lying to us? No – I believe these sources are telling us the current plan. The operative word here is “current”. Do you get it – the “current” plan. So then when the RV does not happen according to the “current” plan we are disappointed. Maybe if those responsible for this roller coaster ride would only take the time to read the articles and get some real contacts in the CBI they would know and have a sense that the two plans are not syncing up and thus do not announce the USA plan to us to get us all hyped up. These intel providers could then also get to understand Iraq politics a little better instead of just regurgitating what the UST tells them to say. This is much of this constant problem we are having with this everyday and any day hype we keep hearing. Especially during this time of the holiday season this is the last thing we need, more disappointment. Now we see this happening once again. This time the USA has issues and demands from Iraq concerning their budget. The USA also had other issues of their own budget approval (I will explain all this later). Yet the current UST plan is being shared with everyone on these dinar info calls. Why? Maybe there is some responsibility to be held accountable by these people who are spreading this RV news without really studying the situation in Iraq themselves. It is not fair to all of us and it is sad. I know we can’t stop listening to their calls since the news seems addictive and we are junkies. Right? Can you stop listening? Someday we know that the UST plan and the CBI plan will sync up and this one time they will be correct. This is the day we hope for. This is why we keep listening. The USA Budget Bill of 2015 Okay many of you are now saying how in h*ll does this impact the Iraqi RV? It does and let me explain. Let me start by saying that the USA is now once again trying to pay Peter by taking from Paul. Do you know what I mean by this? Many financial analysts have been telling us for decades that some day over the horizon the USA government would not be able to pay even the interest on the national debt since all of its incoming revenues would be spent on just paying the interest on the national debt and nothing left for anything else. Could this day now be here? Without the USA budget where is the funding for the exchanges going to come from? Yes – I too know most of the public exchanges will be just electronic deposits to new bank accounts but eventually you will be spending the money such as for businesses, charity work, new cars, homes, annuities, investment portfolios, etc…yes?..no? So again I ask - Where is all this money going to come from initially for these products and services? The banks are not just going to give out FREE money. The oil credits are not yet revenue until the oil is sold so this will not happen until sometime in the future. The answer is in the funding programs the IMF and the UST has been working on since 2003. There are many of these programs and some are very creative. Many of these programs are now fully funded and waiting for transfer to the banks and so yet another sign we are very close the RV exchanges. So the U.S. Congress has given its final approval for a massive $1.1 trillion government spending plan for most of 2015, ending a threat that the federal government could shut down again if the legislation was not passed. The measure, approved late Saturday 12/13 in the Senate by 56-40 vote after a vote Thursday by the House of Representatives, funds the government through the current budget year ending next September. The bill now heads to the White House where President Barack Obama has said he will sign it into law. Many will tell you this did not matter for the RV and they would be wrong. I explained to you why it matters. No budget, no funding of some of the needed programs. Do you understand? Can you see now how last weekend since all this lined up in the USA the Iraq budget schedule too all of sudden was announced it would be completed by 12/18. Can see now why the UST conistently keeps holding up the RV. Frank Dodd Act This brings us to the inter-governmental fighting going on now between ploitical parties over provisions in the 2015 budget bill for the USA. One side wanted to strictly apply the Frank Dodd Act provisions and allow in country “bail ins” and the other side apposed. They are slick and tacked on this provision to the budget bill as a remedy for revenue generation. So if you vote for the budget you are automatically voting for a “bail in” to help pay for the additional expenditures. This was required by the Federal Reserve if any more loans were to be granted to deficit spending in 2015. When will all this madness end? http://www.wnd.com/2013/10/yes-feds-can-take-your-deposits/#! Mnt Goat: "Be Careful What You Ask For" Part 2 UU8548 – “Be Careful What You Ask For” by Mnt Goat Part 2 What is the alternative at this point? Do we rob Peter (now the general public’s bank accounts) to pay Paul (the government) once again or do we cut spending to balance the budget (like they should have done decades ago)? This is of course only a short term solution. What happens in the future and how many “bail-ins” will they need and have? How long will the citizens allow their hard earned money to be confiscated by the government to pay off debts caused by their irresponsible spending habits and mismanagement of public funds. This panic stems from actions of countries around the world now circumventing the “petro” dollar and promoting trade with currency wars with china and Russia that is now rising to the number one with global currency swaps in conjunction with brics, mint, and next 11 countries and other nations. ~~~ By the way the currency of China is more closely alligned with an asset backed currency unlike the USD that is more of a fiat currency. This too is one reason the Chineese have kept thier currency value so low. The world knows the USD has artificially increased in value over many decades now to be a player in the global currency and oil wars. Especially in the current value of it. Look at the sudden rise in the USD. Just today the value listed at 90 cents…amazing ! There is absolutely no justification of new assets to back up this sudden rise of currency value unless the USA is in fact paying off the national debt in the background. Could the IQD have anything to do with it? Let me explain something too that most do not understand. The USD does have already a real asset backed value, just not justified at the current market rate. The country of USA still has valuable resources like oil, forest, gold, minerals and other natural resources. It still has the most robust economy in the world too. Soon the USA will out produce even Iraq in shale oil production. I do not know about you but I am getting a little tired of all this talk about the crashing of the USD. I am hearing now even exchanges being done in other currencies and not to USD. Is this all fear based and who is creating this fear of the USD? Is some entity intentionally trying to orchestrate a crash of the USD? Just remember this – “Oh what a web they weave when they practice to deceive”. Please research and don’t get caught up in all this hype and fear about the USA crashing. You are all much smarter than to go along with such nonsense. Everything I have researched tells me the USD currency is predicted to make a very strong comeback after only slight adjustments coming up shortly. The “petro” dollar is not dead and is not going to die anytime soon. Yes – some countries are moving more away from the USD as a median of exchange but they have been doing this slowly now for decades since the first Iraqi war and is nothing new. Remember what goes around comes around. Iraq too has guarantees on the use of the USD for trade and oil sales for decades to come since. Its all in the new HCL legislation, there are provisions that force the use of the USD (or "petro" dollar) in the selling of oil globally. Other middle eastern countries too are going to follow the same such as Turkey, Jordan, Saudi and Kuwait. Soon Syria and Iran will be added to the list. Just wait and remember this news letter and you heard it here first…lol…. These countries see the benefit of supporting the USA and its new policy for the middle east. They can see the property it can bring and are tired of this constant terrorism threat. IMF Reforms 2010 I have talked about these IMF reforms of 2010 in many of my past news letters and the reluctance of the USA to sign on to them. Why won’t they? Other countries around the world now realize the IMF reforms are being delayed by the country that has the majority voting share (USA). The USA does not want to lose its clout. But there are many, many good, much needed reforms that should be implemented too and its just not about the voting right changes. On the other hand the brics, mint, 11 other developed countries no longer see any value or useful purpose of the IMF due to inequality and voting percentages. So the inaction of the USA in not accepting these much needed reforms and is literally killing the process. Major changes are on the horizon. Going Back to a GOLD Standard I have to say I am so surprised at the complete ignorance of some individuals on this topic and how they are spreading their lack of knowledge. The fact is the world will NEVER, EVER go back to a gold standard. Do you really even know what the gold standard is? Please research it first before you spread your rumors. However the new economic reforms for currency and transparency do mandate asset backed currencies. Currencies can no longer be printed without justification of assets to back them up (fiat currencies). It is the IMF who wants to hold the key to determining the inventory of assets for a nation. This is in the 2010 Reforms. There simply has to be one responsible gatekeeper. The USA does not like this gatekeeper since they no longer will be able to simply print money at will. Gold is and should be a percentage of those assets. It can be in the bank or still in the ground. This does not mean the assets have to be totally gold and formed in gold bullion stored at a Fort Knox as some comprehend. Get it? We see this now in the new gold backed treasury notes of the USD. This does not mean they intend to back up all the notes in the future with gold. This is just rumor with no factual backing from the UST. There is not enough gold in the world to ever back up all the USD hard currency now in circulation around the world. These new gold backed USD notes (or TRNs) are simply available to use for international trade between nations and give a level of transparency to the USD that is being demanded now by other nations. They are not intended to be put in the hands of the everyday citizens for everyday commerce. There are no intentions to back all the USD notes in the future with gold. They are not expiring the contract with the Federal Reserve either. It is not going away in anytime in the near future. Trust me on this one….lol… Having regulated gold backed reserves will never happen since it was in part the cause of the great depression in the late 1920 30’s in the first place. The debts of nations were so high at the crash that nations simply did not have enough gold backing their reserved to meet the timely demands to other nations. With the large sums of cash being dumped in the already inflated markets in such a short period the entire system was doomed to come crashing down – and did when the demands to payout in gold (the international reserve at the time) where made so suddenly by so many. Moving to the USD as the reserve currency and the currency for the international media (“petro” dollar) of exchange was done at that time to stabilize the world’s economy since the USA did have the most robust economy and was a secure nation ( in comparison to other nations). Remember this was soon after WWI and at the tails of WWII. The great depression in Germany following WWI reparations has a lot to do with it too. So to help resolve the crisis there were strict financial regulations put in place that helped rebuild the economy of the USA and assisted other nations. These regulations have since been slowly eroded and this is said to be the main cause of much of the current financial mess we are now in. This really hit home during the Reagan administration when people demanded that government take a hands off approach. Then soon experienced the saving and loan crisis better known as Black Monday. Again demand out paced the supply. Do you remember this? For over 30 years since the depression driven regulations were enacted not one financial crisis occurred. Don't believe me? Do your research. All these financial crisis after crisis started when the deregulating started with the appeal of these reforms. Again I say to you – be careful what you ask for …you just might get it….! So these new IMF Financial Reforms are part of a solution once again to help resolve the unchecked free flow of cash between nations. Why does the USA not support it then? Having gold backed currencies is not a sound practice no matter which way you look at it. Not just my opinion by the way. Do you own research. First of all with a gold backed system many smaller developed nations could never comply. Second fractional banking simply does not allow for it. Do we do away with fractional banking then as an answer? Let me answer this question with a question. Do you want to get rid of your opportunity to buy a new home or how about a car loan? Or how about freezing all your credit cards and demanding the balances be paid in full now and no longer having credit cards. Its all connected together in the way our financial system works. It is all related. You simply can’t change the system in place overnight without some real dire consequences. So my advice is please stop listening to all this foolishness being perpetrated about the fall of the carbal or the new republic. We must be careful of the people who are spreading this stuff and what system they have in mind to replace what we already have. Again – be careful what you wish for – you just might get it. As part of my time in the intelligence area let me explain some issues to you now. If there is ever going to be a huge financial crash it will be caused by these people. It will be intentional. Who are these people? Are they the CIA trying to stir up the masses. Why? What are their true objectives? Sometimes the opposing force is itself the same entity. Yes – the same entity. Since we expect an apposing force then why not invent one. If you don’t invent one, one may spring up anyhow and it may get uncontrollable. This way you own it and have total control over it. This way you can manipulate the masses without them even knowing it. Make sense? You essentially own both sides. One quick example: Gun Control- the CIA plants a gunner in a school, mows down innocent children, people then want more gun control. They demand it. States and Congress then can pass more gun control laws. Do you see what I am saying. What is the real objective here? More gun control for the safety and good of the average citizen or more gun control for the state in order to control any future revolt against the state? What is planned for the future? Remember these secret entities often cause order through first causing more chaos. A tactic all too familiar in the intelligent business. So wiping the financial slate clean and staring over can never and will never happen. It will be so devastating and so bad to the economy you may wish it never happened. They may try to convince you this is a good thing. There is no way out of this mess unless there is full global cooperation between all nations. They must heal and mend the broken parts of the financial system and do it slowly and gently to institute the necessary reforms and come up with more creative ways to pay off these huge national debts. The IMF and WTO is now attempting to do just that. Paying off the National Debt Some are saying the Iraqi RV will pay off the USA national debt? Think about this. Where in h*ll will $20-26 trillion dollars come from in order to do this? It would take profits from Iraqi oil credits 50 years or longer to pay off that much of a debt. Now with the dropping oil prices even longer. I do not think this is their plan or ever was. Let me explain. The RV can however help to bring in additional revenues thru these oil credits to stop deficit spending each new year and finally have surplus revenues enough that they can be push to slowly pay down the national debt. So you see there are really two issues here. One is paying off an already huge ever increasing national debt, another is the annual need to borrow more money to increase it yet even more. Both issues must be addressed. Kind of like using a credit card. Stop the spending to stop the limit increase, then bring the limit under control by paying off the owned amount. Do this and more and ore of the monthly payment is gradually going towards paying off the principle debt and not paying off interest each month. Overtime it is an exponential result. But it takes discipline and many of these speciall black opns projects or free aid must end. If you can’t pay off the principle debt in a lump sum then you have to slowly pay more each month beyond the interest changed for that month on the existing debt. Soon you will see the limit of debt will slowly decrease each month. Of course the more favorable approach would be to use a lump sum payment on the debt and then to get the spending under control so yet more debt does get racked up again in the future, thus creating a crisis all over again. The politicians never want to talk about the debt in these practical terms because they believe the average citizen is stupid and can not comprehend this level of detail. Well I am here to tell you they are wrong. Most of us face these challenges each and every day and some go to jail for failure to meet their legal financial obligations too. The fact of the matter is former president Clinton did nothing to pay down the national debt with revenues generated from the Kuwaiti currency revaluation. This is a fact not my rumor. I say again nothing ! Instead his administration used that surplus revenue to pay the govt bills that year instead of borrowing yet more money to compensate for overspending that year. Thus the national debt hardly increased that year and necessity to borrow more money was less. The fact is what surplus money remained after he left office was given out to the citizens as rebates under president GW Bush. Do you remember this? This was of course nice for all of the citizens receiving these checks but the reality is it was the worst and most irresponsible financial policy ever perpetrated on the American citizen. Think about it. What was really going on here? Was it all to gain confidence for the upcoming election. So please I am so tired of hearing about how this Iraqi revaluation is going to solve all the USA financial problems and pay off all its national debt. I hear statements like ‘ Why can’t they just pull the trigger it will be so good for the national debt”. Save this rhetoric for your dinar gurus. SUMMARY I think we are still in a very good window to see the RV announcement at the beginning period of the new year. I have to tell you there was some amazing news this week but it appears other issues prevented the RV announcement in Iraq. I have tried to explain some of these issues to you. Of course all the best laid plans are for mice and men. So the plan now adjusts once again and we adjust with it. Relax and be patient. We will be at the banks soon. This roller coaster ride is almost over. The PTB do not just spend years of planning and strategizing middle eastern policy and spending trillions implementing their plan without completing it. Then when can we expect the RV? Let’s just say this – If you have not yet gone out and purchased your bottle of champagne. I would do it now and get it chilled and ready…..lol…..! We are only 11 days remaining till 2015. Let your hearts be light, your cares be few, and all of your wishes just might come true. Merry Christmas to all and to all a good year ! Peace and Luv To Ya All, Mnt Goat
  4. Backdoc Monday Night Post - "Buyers vs. Sellers" - 12/15/2014 BUYERS VS. SELLERS - IMO AS BiII GROSS SAID: "AS OIL DROPS CURRENCIES TRY TO ADJUST"!! AS OIL CONTINUES ITS SLIDE FROM THE UPPER LEFT TO THE LOWER RIGHT ON THE CHART, CURRENCIES ARE GOING TO CONTINUE ADJUSTING! CURRENTLY, OIL IS STILL IN CONTANGO, REMEMBER THIS IS NOT A DANCE! LOL IT MEANS THE DAILY SPOT PRICE YOU WOULD PAY TODAY IS LESS THAN THE PRICE OF THE FUTURES CONTRACTS! AS LONG AS THIS CONTINUES, OIL CONTINUES ITS’ SLIDE! SO AS GROSS STATES, "CURRENCIES HAVE TO ADJUST", WHAT CURRENCY IS ADJUSTING THE MOST?MMMM ANSWER: RUSSIAN RUBLE THE RUBLE IS BY FAR THE WORST PERFORMING CURRENCY IN THE WORLD THIS YEAR! TODAY, THE RUSSIAN RUBLE HAD ITS BIGGEST ADJUSTMENT FOR THE YEAR BY DROPPING 12% IN ONE DAY!! WOW! THAT’S WHAT GROSS MEANT BY A CURRENCY HAVING TO ADJUST! NEXT, THE COUNTRY COULD BE IN TROUBLE! IN FACT, TODAY RUSSIA RAISED ITS INTEREST RATE TO 17% ! WOW! THAT’S WHAT GROSS MEANT BY THE TERM “SPREAD"! THIS INCREASE IN THE SPREAD IS A SIGN OF A CURRENCY IN DESPERATION! THERE ARE RUMORS THAT RUSSIA MAY BE DUMPING GOLD TO BACK THEIR CURRENCY! WITH COUNTRIES HAVING TO PROP UP THEIR CURRENCIES BY SELLING GOLD, LOOK FOR IT TO FOLLOW RIGHT BEHIND OIL IN LOCK STEP! MMMM I ASSURE YOU THAT THEY HAVE BEEN BUYING GOLD AT A HIGHER PRICE THEN WHERE IT IS NOW. MMMM BUY HIGH SELL LOW! MMMM WHO BENEFITS ??? RIGHT THE EMPIRE !! IF THE RUSSIAN RUBLE IS THE LOSER, WHO IS THE WINNER? MMMM KING DOLLAR AND DARE I SAY MR. LONELY! OF COURSE MR. LONELY IS STILL HIDING BEHIND OZ’S CURTAIN! THERE IS NO DOUBT THAT OIL IS GOING LOWER IN THE NEAR TERM BASED ON THE CONTANGO IN THE FUTURES MARKET! WITH OIL IN FREE FALL, WHO DOES IT HURT THE MOST? WELL, AT THE MOMENT WE SEE RUSSIA WITH OTHERS TO COME??? WITH SANCTIONS OVER CRIMEA AND THE BRICS TRYING TO MOUNT FINANCIAL COMPETITION TO THE WORLD BANK I’M NOT SURPRISED! THIS IS A CURRENCY WAR! EVEN IF OIL FINDS A POINT OF STABILITY IN THE NEXT FEW MONTHS, IT WILL STABILIZE AT A RATE THAT BENEFITS THE EMPIRE AND PUTS A FINANCIAL DRAG TO THE BRICS DUE TO THEIR HIGH EXTRACTION COSTS! REMEMBER OIL AFFECTS ALL SECTORS OF AN ECONOMY THATS WHY GROSS SAYS, "CURRENCIES HAVE TO ADJUST." ARGENTINA IS IN SUCH POOR FINANCIAL CONDITION THAT CHINA HAD TO DO A CURRENCY SWAPS JUST TO BAIL THEM OUT AS EVIDENCED BY THIS CAPTION OF A BLOOMBERG ARTICLE! Argentina Bond-Sale Bust Is Missed Chance as Maturities Loom Argentina missed a chance to boost foreign reserves and push back much of the $12 billion in debt coming due next year as investors balked at the terms for the country’s first bond sale since defaulting in July. http://www.bloomberg.com/news/2014-12-15/argentina-bond-sale-bust-proves-missed-chance-as-maturities-loom.html THERE ARE CRACKS IN THE FINANCIAL ICE WORLD WIDE! IF OIL CONTINUES ITS' RAPID DECENT, WE ARE CERTAINLY HEADED FOR A CRISIS NOT ONLY IN STOCK MARKETS BUT COUNTRIES AS WELL, AS BILL GROSS MENTIONED! THE COUNTRIES WILL HAVE A HARD TIME SELLING BONDS TO FUND THEIR DEBT OR BE UNABLE TO MAKE THE PAYMENTS ON THEIR DEBT AS INTEREST RATES RISE. REALIZE THIS IS WAR! ASK YOUR SELF, WHO GETS HURT THE WORST? EVERYONE BUT THE EMPIRE! REMEMBER THE GAME OF MONOPOLY I DESCRIBED? THIS IS THE DISTRACTION! COUNTRIES IN TROUBLE THAT HAVE LARGE GOLD HOLDINGS WILL HAVE TO SELL THEM TO PROP UP THEIR CURRENCY JUST LIKE RUSSIA IS, OR SOON WILL BE! WHEN YOUR CURRENCY IS RISING AND OTHERS ARE FALLING, WOULD YOU LIKE TO GUESS WHO WOULD BE A BUYER WHEN GOLD TAKES ITS NEXT LEG DOWN? MMMM RIGHT! THE EMPIRE! OR PEOPLE IN THE EMPIRE SINCE THEY HOLD BY FAR THE WEALTHIEST INDIVIDUALS IN THE WORLD! WE ARE ON OUR WAY TO LONELY, THIS IS WHAT IT LOOKS LIKE! UGLY! THIS IS THE BEST TIME TO LAUNCH IRAQS’ CURRENCY!! WHEN THINGS ARE THE WORST FOR SOME, THEY ARE THE BEST FOR OTHERS! "ALL FOR ONE AND ONE FOR ALL” THE PATH TO LONELY, DOC IMO Low yields could mean trouble for stocks While analysts see stocks continuing to creep to new highs, there could be a time when investors decide the signal the from the bond market is not especially positive. Jack Ablin, CIO of BMO Private Bank, says the day of reckoning could come in the first quarter, and he expects a new year sell off. http://www.cnbc.com/id/102221048
  5. My Ladies Sunday Morning Post - "The Time is Now!" - 12/14/2014 GOOD SUNDAY MORNING EVERYONE. WE WOULD LIKE TO SAY THANK YOU TO SO VERY MANY OF YOU THAT HAVE SENT EMAILS AND PRIVATE MESSAGES TO US ASKING US TO ADD YOU TO OUR ROOM AND EXPRESSING YOUR MANY THANKS AND APPRECIATION FOR US.WE HAD NO IDEA HOW MANY OF YOU WERE ACTUALLY READING OUR OPINIONS. SO THANK YOU EVERYONE AND THANK YOU RECAPS FOR BRINGING US TO YOUR MANY READERS. NOW LET’S TAKE A GOOD LOOK AT WHAT IS HAPPENING WITH IRAQ AND OUR END GAME. SO IT WOULD SEEM WE ARE AT A VERY CRUCIAL PLACE RIGHT NOW IN IRAQ. WE ARE RIGHT UPON THE INTERNATIONAL RELEASE OF THE NEW RATE. ON THE LAST FEW CALLS WE’VE HAD, WHAT DID WE SAY? ON THAT INFAMOUS CALL WE HAD WITH NOVA? YOU REMEMBER THE ONE, WHAT DID WE SAY? LET ME REFRESH YOUR MEMORY WE HAVE BEEN SAYING FOR OVER A MONTH THAT THINGS IN IRAQ ARE DONE. THEY CAN NOT GO ANY FURTHER WITH REFORMS OR LAWS WITH OUT MONEY. THEY HAVE TOLD THE INTERNATIONAL STAGE THEY WILL IMPLEMENT HCL ONJANUARY 1. HOW WILL THEY DO THAT WITH OUT MONEY? THERE ARE MANY MANY OTHER LAWS THAT IRAQ NEEDS LIKE THE INVESTMENT LAW IS A GOOD ONE, BUT HOW WILL THEY TAKE THAT LAW ANY FURTHER WITH OUT AN INTERNATIONAL STAGE? HOW WILL THEY CONVINCE OUTSIDE COMPANIES TO INVEST WHEN THEIR PRIVATE SECTOR IS NOT CAPITALIZED? IRAQ NEEDS AN INTERNATIONAL STAGE TO CONTINUE. THE BUDGET … DO YOU ALL REMEMBER THE ARTICLE I DID SOME MONTHS BACK TITLED DROP IT LIKE IT’S HOT? THAT WAS FOR THE 2014 BUDGET WELL GUESS WHAT FOLKS THE SAME ADVICE COMES FOR THE 2015 BUDGET. ALL WE NEED TO DO IS APPLY A LITTLE COMMON SENSE HERE TO KNOW THEY CAN NOT DISCLOSE THE BUDGET WITH OUT THE RATE FIRST. YOU SEE THE BUDGET WILL SHOW EVERY DINAR FROM EVERY SOURCE AND EVERY LINE ITEM THERE BY DISCLOSING THE RATE. DO WE THINK THEY WILL TELL ALL OF PARLIAMENT OVER 237 MP’S AND ALL THE MINISTERS AND COMMITTEES THE RATE BEFORE THE CBI POSTS IT? I MEAN DO WE REALLY THINK THAT IS A POSSIBILITY? NO! NO! THERE IS NOT EVEN A TINY POSSIBILITY THEY WILL DO THAT. FOLKS FOR HEAVENS SAKE THEY ADJUSTED THEIR RATE A FEW BIPS AND WERE SURE TO POST IT TO THE CBI FIRST. WOULD THEY REALLY TELL THE GOI OF SUCH AN ENORMOUS ADJUSTMENT BEFORE THE CBI POST IT? THINK ABOUT IT….NO! SO I THINK IT IS SAFE TO SAY THEY NEED TO POST TO THE CBI FIRST. WELL NOW WHERE DOES ALL THAT LEAVE US? IRAQ NEEDS THE BUDGET AND THEY NEED IT NOW SO WE CAN PROBABLY SAFELY SAY WE SHOULD SEE AN INTERNATIONAL RATE REAL SOON. THEY ARE SAYING THEY WILL MEET FOR THE BUDGET FOR TUESDAY, SO LETS SEE WHAT HAPPENS BETWEEN NOW AND THEN. IN ORDER TO SHOW THE BUDGET THEY NEED THE CBI TO SHOW THE RATE OR ANYONE ON THE PLANET THAT READS AND WRITES ARABIC AND OWN A CALCULATOR WOULD BE ABLE TO FIGURE IT OUT. THERE IS SOMETHING ELSE WE WOULD LIKE TO SHARE WITH YOU, LAST WEEK THERE WAS A SMALL ARTICLE THAT WAS PUT OUT BY RAFIDIAN BANK AND A QUICK 32 SECOND PERSONAL INTERVIEW. IN THIS INTERVIEW THAT WAS IN ARABIC WITH AHMED HASSAN WHO IS THE DIRECTOR OF THE RAFIDIAN BANK IN DHI QAR HE CLEARLY SAYS THEY HAVE THE ATM’S AND THE NEW BANKCARDS WITH THE SIM CARD IN THEM BUT THEY ARE BEING HELD HOSTAGE BY THE CBI UNTIL THE DELETION OF THE ZEROS BECAUSE AS IT STANDS NOW THE NEW MACHINES AND CARDS DO NOT WORK WITH THE OLD NOTES. THERE IS NO ARABIC WORDS FOR SIM CARDS SO IF YOU LISTEN AT THE 12 SECOND MARK YOU CAN HEAR IT CLEARLY. HERE IS THE LINK FOR THE INTERVIEW http://www.nasiriyah.org/ara/post/55155 SO WHAT DOES THIS MEAN WELL IT TELLS US THAT THOSE CARDS ARE READY TO BE USED, DO YOU REMEMBER THE MANY ARTICLES WE DID ABOUT THE MIDDLE EAST AND IRAQ IN PARTICULAR HAVING THE SOFTWARE TO CREATE AN ALL IN ONE CARD SYSTEM? ALL THEIR INFO SUCH AS PASSPORT AND ID AND DRIVERS LICENSE, AND BIRTH CERTIFICATE AND FINANCIAL AID WOULD ALL BE ON ONE CARD? REMEMBER ALL THEIR BANKING INFO AND THE REPLACEMENT OF THE OLD QI CARD WELL HERE IT IS THEY HAVE THE CARDS AND ARE READY TO DISTRIBUTE THEM. THAT IS HUGE HUGE NEWS. WE DON’T EVEN HAVE THOSE CARDS HERE IN THEIR ENTIRETY YET. AND HERE IS THE LINK OF THE COMPANY THAT CREATED THOSE RFID CHIPS, GO AND HAVE A LOOK BECAUSE WE WILL BE USING THEM TOO BEFORE LONG. http://www.muhlbauer.com/29597/Solutions-Products/Solutions/Banking-cards/index.aspx ALSO LAST WEEK WE SAW THE CBI SAY THEY HAVE A SPECIFIC TIME FOR DELETING THE ZEROS AND THEY EVEN LED US TO CONCLUDE WHAT THE RATE MAY POSSIBLY BE, HERE HAVE A LOOK FOR YOURSELVES Parliamentary Energy declares that the lifting of the zeroes will not affect oil prices and criticized the Central Bank Published on: 09 December 1 / December 2014 Confirmed to the Committee on Energy and Oil parliamentary member Ugaili Aziz, saidTuesday that "raise zeros from the Iraqi dinar will not affect the low oil prices, the fact that specific prices in US dollars Ugaili said in a statement to the press, seen it (Iraq) that "the value of the Iraqi oil prices are in dollars, but the lifting of the zeroes will lead to an increase in commodity prices in the country . Ugaili ruled that "the lifting of the zeroes from the Iraqi currency will be in the coming period specifically in the next year in 2015 . He criticized a number of experts and specialists in the financial and economic affairs, the central bank's policy of issuing new editions of major categories of the coin, while warning of this procedure being will increase inflation, causing a state of economic confusion and stagflation in Mahlah.ocdoa market, according to news agency dinars on importance of moving and speed up the implementation of the project to delete three zeros from the currency and not to resort to prosthetic solutions issuing new editions, the fact that this project will overhaul the currency and increases the strength and improves performance both locally and regionally . The central bank had earlier announced that the project to delete the zeros is still standing, but the date of its implementation is specific, as revealed its intention to issue a large categories of currencies as a group (50) thousand dinars, and (100) thousand dinars, and restore the current currency printing until the project application .alkhbayr in the financial and banking affairs Mohsen Ali, said: "The project to delete the three zeroes from the currency is one of the strategic projects and relied on by the Central Bank, he will overhaul the Iraqi currency again and reduces the money supply because it will reduce the large numbers Kaltrliunat and billions and other ". He added that "this project will serve the country in many ways, including, to create a balance in the inflation rates, and facilitate the preparation of the annual budget process for the State, ministries or provinces, and reduce errors in the big financial accounts, as well as he would the Iraqi dinar to the regional and global stature." He pointed to: that "the central bank when a promising project to delete the three zeroes from the currency His goal was to reduce the large masses of cash and create a balance in the market rates of inflation, it cannot issue new editions of major categories, because it is considered prosthesis solutions are irrelevant to the country, but it would hurt the economy terms of increasing stagflation in the market . " While economist Dergham Mohammed Ali, pointed out: "The subject of restructuring the currency would be useless without the implementation of the project to delete the three zeroes from the currency for the purposes of legal, administrative and regulatory at the same time." He explained Muhammad Ali in an interview that "the issuance of currency with a large class safety specifications for high discharge the need for the project to delete the zeros of the budget, which will be transferred Alterellnah box to box Alumblyaria, which are commensurate with the budgets of neighboring countries and reduce the differences between the dinar and the regional currencies, including re-consideration mathematically and value judgment of the Iraqi dinar . " READ MORE HERE. http://www.alrafidayn.net/index.php/responsive/3877-2014-12-09-13-14-44 WHAT ARE THEY SAYING HERE? RETURN TO THEIR REGIONAL AND GLOBAL STATUS; REDUCE THE DIFFERENCE BETWEEN THE DINAR AND REGIONAL CURRENCIES? THE CBI HAS A SPECIFIC TIME? WELL GUESS WHAT FOLKS WE BELIEVE THAT TIME IS HERE. FOR WEEKS WE HAVE BEEN SAYING YOU WILL NOT SEE ANY MORE LAWS PASSED, YOU WILL NOT SEE THE COMPLETION OF THE GOVERNMENT PROGRAM AND YOU WILL NOT SEE HCL OR THE BUDGET WITH OUT THE RATE.THERE IS NO WHERE LEFT FOR IRAQ TO GO BUT OUT. THEY NEED TO GO OUT TO THE INTERNATIONAL MARKET. ABADI AND CO ARE NOT BUILT TO FAIL, THEY HAVE SET TIMELINES AND WE BELIEVE THEY WILL KEEP THEM. IRAQ WILL BE WORKING ON THEIR ECONOMIC REFORM AND THEIR LAWS FOR YEARS TO COME. BUT THAT WILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR. THOSE LAWS AND REFORMS WILL BE PUT IN PLACE TO PROTECT THE NEW RATE OF THE DINAR. REMEMBER BANKS MAKE THE MONEY AND POLITICIANS WRITE LAWS TO SPEND THE MONEY. MALIKI WILL REMAIN PUTTERING AROUND OR HE WILL FINALLY BE ARRESTED BUT WHO CARES? HE WILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR. ISIS OR DAASH WILL COME AND WILL GO THEY WILL FLARE UP FROM TIME TO TIME, BUT EVEN THISWILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR. FOLKS EVERYTHING IS IN MOTION IT WILL NOT BE STOPPED AGAIN WE THINK THIS RIDE IS ALMOST OVER. ALL THE PLANNING OF THE LAST 40 YEARS IS FINALLY HERE, THE DINAR WILL FINALLY BE RELEASED TO DO WHAT IT WAS DESIGNED TO DO AND WE ARE JUST FORTUNATE ENOUGH TO BE TINY TINY TINY PART OF THE BENEFITS. SO TAKE A DEEP BREATH AND SIT BACK AND ENJOY THE FINAL TWISTS OF THIS ROLLER COASTER RIDE BECAUSE IT IS ABOUT TO BE OVER. HAPPY HOLIDAYS AND LOVE TO ALL …MY LADIES
  6. Backdoc Friday Afternoon Post - THE VALUE CONCEPT - 12/5/2014 BACKDOC: IMO - THE VALUE CONCEPT - Part 1 JUST A FEW COMMENTS ON THE DINAR CURRENCY VALUE. THOSE OF US WHO HAVE BEEN IN THIS INVESTMENT AROUND A DECADE ARE AWARE THAT SOON AFTER THE NEW DINAR WAS RELEASED INTO CIRCULATION THE CBI BEGAN TO REDUCE THE NOTE COUNT. AS WE KNOW FOR AT LEAST 5 YEARS THEY HAVE BEEN USING THE CURRENCY AUCTIONS TO PULL IN DINAR WHILE SELLING DOLLARS TO DO THIS! IT WASN’T UNTIL RECENTLY THAT WE WERE AWARE THAT THE NOTES IN THE PUBLIC FLOAT ARE NOW MOSTLY INSIGNIFICANT. WHEN IT COMES DOWN TO THE REALITY OF A NEW RATE BEING INTRODUCED ON THE INTERNATIONAL SCENE,WE WANT TO HAVE AN IDEA OF WHAT RATE IRAQ CAN ACTUALLY BACK. FIRST OF ALL THEY TOLD US THEY COULD BACK A RATE WITHOUT A CEILING! MMMMM REALIZE THAT SEVERAL COUNTRIES HAVE AGREED TO REDUCE DRAMATICALLY THE DEBT OWED BY IRAQ BY TAKING THE ALMOST WORTHLESS PAPER WE ALL HOLD. WE CALL THAT A CURRENCY SWAP!WELL, THIS IS NOTHING NEW SINCE COUNTRIES DO THIS A LOT ESPECIALLY OF LATE DUE TO THE SERIOUS DEFLATIONARY POTENTIAL THE WORLD IS FACING! THEY USE THIS TECHNIQUE AS A BAILOUT SCENARIO! YOU GIVE ME YOURS BECAUSE IT’S WORTH MORE AND I’LL GIVE YOU MINE! MMMMM WE SEE CHINA DOING SWAPS WITH ARGENTINA AND BRAZIL ECT. WELL, THE SAME FOR IRAQ! WHY WOULD THESE COUNTRIES DO THIS? DAAA BECAUSE THEY KNOW WHAT WE KNOW! IRAQ WILL RE-ENTER THE INTERNATIONAL WORLD SOON AND OPEN UP FOR BUSINESS! WHY WOULD THEY WANT WORTHLESS PAPER OR EVEN CURRENCY WORTH LESS THAN A BUCK AFTER FORGIVING MASSIVE DEBT? DAAA AS I’VE SAID MANY TIMES, THIS PROJECT IS NOT ABOUT US, IT’S ABOUT SAVING COUNTRIES FINANCIALLY AND ULTIMATELY BAILING OUT THE BANKING SYSTEM FROM THE HOUSING CRISIS THAT THEY CREATED! NOW BACK TO VALUE! SINCE IRAQ HAS BEEN USING THE DOLLAR FOR THE YEARS THEY WERE REDUCING THE NOTE COUNT AND NOT USING DINAR. ALL THEIR BUDGETS HAVE BEEN IN DOLLARS UNTIL 2014. NOW, COMMON SENSE NEEDS TO PREVAIL HERE! IF A RATE WAS INTRODUCED LOWER THAN THAT DOLLAR VALUE, IT WOULD BE DEVASTATING TO THE CURRENCY SINCE IT WOULD DESTROY ALL THE GROUND GAINED IN THE LAST SEVERAL YEARS! IT WOULD INCREASE THE NOTE COUNT AGAIN, THE EXACT OPPOSITE THEY HAVE WORKED SO HARD TO ACCOMPLISH! THEREFORE,ANY RATE NEAR OR BELOW A DOLLAR WOULD HAVE TO BE VERY TEMPORARY! PERIOD! WITH OIL PRICES IN FREE FALL, MY POINT IS ACCENTUATED, IN FACT A DOLLAR IS AT THE POINT OF IRRATIONAL NOW! I EXPECT A HIGHER RATE THAN FOLKS EXPECT FOR TWO REASONS! FIRST THE CURRENCY HELD BY COUNTRIES WILL BE EXCHANGED OVER TIME AS OIL CREDITS AT A PRICE THEY CAN’T REFUSE! THEREFORE, WHAT THEY ARE HOLDING WILL HAVE ZERO IMPACT ON A DAILY FOREX RATE. IN FACT I WOULDN’T BE SURPRISED THAT COUNTRIES WILL BE ABLE TO USE THE MUCH HIGHER VALUED OIL CREDIT AS AN ASSET TO BACK THEIR COUNTRIES’ CURRENCY VALUE! FOR NOW THAT TAKES US BEHIND THE CURTAIN IN OZ LAND SO ITS NOT IMPORTANT TO US! WE KNOW SAUDI ARABIA'S COST IS 10.00/BARREL TO PUMP OIL OUT OF THE GROUND AND IT’S BEEN ARGUED THAT IRAQ’S IS EVEN LOWER! WOW! SO, AS YOU SEE EVERYONE WINS! LESS CURRENCY IN THE PUBLIC FLOAT!!!! MEANS A HIGHER RATE CAN BE JUSTIFIED!! ALSO THE RISING DOLLAR ALSO BACKS THE DINAR!! YOU CAN’T AFFECT ONE WITHOUT THE OTHER! AND BY NOW YOU ARE BEGINNING TO SEE THE CONCEPT OF VALUE BEGIN TO CHANGE AS YOU SEE ALL COMMODITIES WORLD WIDE ARE DROPPING LIKE A STONE IN A CALM POND! THE CONCEPT OF VALUE IS CHANGING BEFORE YOUR EYES! MANY THOUGHT THE DOLLAR WOULD CRASH AND GOLD WOULD SPIKE! OH MY JUST THE OPPOSITE! THIS IS ABOUT CENTRAL BANK CONTROL AND WHO HAS IT, AND ON THAT I WILL SAY NO MORE! I’M NOT FOOL ENOUGH TO PICK A RATE OR DATE ON A IR BUT THE STRATEGY OF REDUCING NOTE COUNT IN THE PUBLIC FLOAT IS THE ONLY REAL CONCERN SINCE THE COUNTRIES WILL BE PAID OFF IN OIL! AND BY THE WAY, IF YOU HAD TO PAY THEM BACK WOULD YOU WANT THE VALUE OF OIL HIGHER OR LOWER? BINGO !! LOWER!! A LOWER OIL PRICE GIVES IRAQ A MASSIVE ADVANTAGE OVER EVERY COUNTRY IN THE WORLD!!!!! YOU SEE, A LOWER OIL PRICE IS BETTER FOR IRAQ WHEN PAYING OFF THAT DEBT! ON THE OTHER SIDE OF THE COIN IT HURTS THEM IN PAYING THEIR OWN BILLS UNTILL THEY DIVERSIFY THEIR ECONOMY BUT THAT WILL HAPPEN QUICKLY ONCE THE NEW RATE HITS THE INTERNATIONAL SCENE! THIS OIL AND GOLD RE-PRICING TO THE DOLLAR AND SOON DINAR IS NO ACCIDENT! THIS IS A WELL ORCHESTRATED MASTERFUL PLAN! GLAD I CAME TO THE PARTY! HEE HEE NOW IF YOU HADN’T THOUGH ABOUT THAT YOU WOULD SEE WHY I SAY THE LOWER THE OIL PRICE GOES! THE HIGHER THE DOLLAR AND DINAR GO! THE HIGHER THE DOLLAR AND DINAR GO, THE LOWER GOLD AND BLACK GOLD GO! BRILLIANT !!!!THE FOUR ARE INSEPARABLE...!! THE PROBLEM FOR NOW IS WE CAN’T SEE BEHIND OZ’S CURTAIN AND WHAT HE IS DOING WITH THE RATE! I’M SURE WE WOULD SMILE! WITH THE U.S. LIKELY THE LARGEST HOLDER OF THE DINAR, THE CONCEPT OF VALUE IS DETERMINED BY THE VALUE OF THE DOLLAR/DINAR VS. GOLD AND BLACK GOLD !!!! GOLD AND BLACK GOLD AS CURRENCY WILL WORK INVERSE TO THE OTHER TWO!!! THE WORLD WILL BEGIN TO SEE HOW POWERFUL THIS RELATIONSHIP IS AND ITS’ IMPACT WILL BE SEEN IN EARLY 2015 ONCE THE DINAR BECOMES INTERNATIONAL!! YOU SEE, THE DINAR IS A DONOR CURRENCY TO THE DOLLAR AND IT WILL ONLY MAKE THE DOLLAR STRONGER!!! AS A SIDE NOTE: I SEE THE SAME PARALLELS OCCURRING WITH THE DONG AS A DONOR CURRENCY TO THE YUAN SINCE CHINA IS THE LARGEST HOLDER OF THE DONG ! BLESSINGS! DOC THE VALUE CONCEPT PART 2 WHAT COUNTRY HAS THE MOST GOLD ABOVE GROUND? THE U.S.! OVER 8400 TONS!WHAT COUNTRY HAS THE MOST GOLD IN THE GROUND? MMMM I’LL LEAVE THAT TO THE EXPERTS IN A YEAR OR TWO! LET’S JUST SAY WITH WHAT WE ALREADY KNOW ABOUT THE KURDS GOLD DISCOVERIES AND THE LUXURY MINE OUTSIDE BAGDAD IRAQ HAS A LOT! WHO WILL BE THE LOWEST COST PRODUCER IN THE WORLD FOR GOLD? WITHOUT QUESTION IT WILL BE IRAQ !! WHO HAS THE MOST OIL IN THE GROUND? WELL, THERE IS MUCH DEBATE BUT THE U.S. MAY TAKE THE PRIZE FOR NOW BUT REMEMBER IRAQ HAS ONLY SURVEYED 10% OF OF ITS’ COUNTRY! AND WE KNOW THEY HAVE A LOT! WHO IS OR WILL BE THE LOWEST COST PRODUCER OF OIL? ARGUABLY IRAQ WITH THE SAUDIS IN SECOND PLACE! OK, SO WE HAVE A COUNTRY WITH THE MOST GOLD ABOVE GROUND MARRIED TO A COUNTRY WITH ARGUABLY THE MOST BELOW GROUND! MMMMM NOW OIL, ABOVE GROUND IS ESSENTIALLY IRRELEVANT SINCE WE ALL KNOW THEIR IS OVER SUPPLY! NOW BELOW GROUND, WELL TOGETHER I WOULD SAY THEY TAKE THE PRIZE! NOW YOU ARE BEGINNING TO SEE WHY I SAY OIL IS A CURRENCY FIRST AND FOREMOST AND ALSO WHY I SAY THAT GOLD AND OIL ARE TANDEM BROTHERS AS CURRENCY TO THE DOLLAR AND DINAR! THE PROBLEM IS FOR NOW UNTIL OZ PULLS BACK THE CURTAIN ALL WE SEE IS THE DOLLAR SO YOU HAVE TO THINK OUTSIDE THE BOX A BIT ! LOTS OF FUN WHEN THE TRIGGER MAN LETS IT GO! DOC IMO
  7. Mnt Goat Friday Morning Update - “Our Blessing Is Coming” - 12/5/2014 UU7766 – “Our Blessing Is Coming”- Mnt Goat Hi Everyone, All is very good in Bavaria. Hope the dinarian family is just as well in USA? Our familie awaits this blessing about to be given to us. Meine kinder feel like it is Christmas eve and anticipate this great gift from our currency holdings. I remember too well we have been down this road all too many times in that this RV is going to finally be rolled out. Disappointment then comes when it is stopped once again. So you have to roll with the roller coaster and go for the ride. For now I am hearing wonderful things and all is inline to give us this blessing very, very soon. We will see what happens this time around. In my past news letters I mentioned the needed “full” government and the security of the government and security of the armed forces to protect the country. I also talked about the concern the CBI has for forged notes and the actions they have taken to prevent such counterfeiting scams. I have talked also about the “petro dollar” and how it will not so easily be taken over by any other currency. We are now witnessing economic wars between Russia, China and the USA and its effect on the rest of the world’s economies. I have said many times HCL is so important for Iraq and the USA because with it Iraq must use the petro dollar for many decades to come when selling its oil. Do you now see why the revaluation has been used as leverage to get the Erbil Agreement implemented? They are now in the process of cleaning up Maliki and plucking those corrupted politicians who served the Maliki government all too well during his 8 years of h*ll for Iraq. Being that we are so very close to exchanging, today I want to give you many tips for exchanging and for post RV. To start let me say I am not a financial advisor, broker, planner or any professional giving investment or tax advice or anything related. Today’s News This email will be short today since I over did my welcome in the my last news….lol… Just wanted to tell everyone that I am very optimistic about these next week. I received a call this morning from one of my IMF sources explaining to me the next steps in this process. As you know I am not familiar with what is happening in the banks in USA but I am hearing from this source now that they are going to release very soon to your general public toll free numbers for call in centers to schedule exchange meetings. Exchanges should begin once appointments are made. I have been listening to many recent conference calls from many “intel providers” from recent days. Seems they still believe that this is in Iraq’s hands and are hopeful for a 90 cent rate. Let them believe what they want. We know better. So in the next couple days they are going to run the UST managed system once again to calculate and bring new rates downstream to banks and exhanges. This time I am hearing we can expect a double digit rate for the international IQN rate in the USA. Dong too is very high. Wow ! Sounds almost unbelievable but this is what I am told will overlay the current $3.58 rate now being used for these early group exchanges. The system has not been re-run since they began almost a month ago. Why so high..? This rate will reflect the drop in the dollar due to the drops in oil prices. If it takes more dollars to exchange a dinar then the rate must go higher. This is the case since the Iraq dinar is a somewhat stabilized rate for years. This was also part of a negotiating item in the recent talks with IMF and the BIS. I am hearing the Dinar and Dong will revalue and be available for exchange at the same time. No – this is not a GCR since there is no such thing and I have repeatedly said this over and over again. They are revaluing these currencies because the are contracts that need to be fulfilled and acted upon. Okay everyone - make sure you will re-look at your strategies for the exchange. Remember it’s a “simple exchange” not a “cash in”. The term “cash in” is used for selling investments such as stocks, funds or investment portfolios. In most cases you would normally use a broker to cash in. Now you are conducting a simple currency exchange with a banker. Typically there are no taxes on a simple currency exchange so I do not know if they are going to change the rules at this point. You may, however, be taxed (long and short term capital gains) if somehow this simple currency exchange gets confused with an investment cash in. Remember currency can be an investment too and that is the purpose of FOREX and the other global currency markets but if you are holding your currency in your hand this is a simple currency exchange no matter how much you have. Remember to ask about the contract rates and be specific since it is not probably a group contract you are referring to (as most groups have already exchanged) but rather just using the China contract rates for Dinar or Dong. If you choose to go with these rates there may be stipulations and thus it may no longer be a simple currency exchange. You may be paying higher taxes. The banks may have a contract for you to sign as a participant in the China contracts. At least you should explore the opportunity to participate if nothing else. Know what you are getting into before signing anything. This was you can make an intelligent decision. Don’t know just how much money you will have after your exchange but if it,s over a million dollars I strongly suggest you plan to meet with an investment advisor shortly thereafter. I am also hearing others saying it is a good idea to save 50% for taxes, just in case. I agree. Better to be safe than sorry later. For multi-millionaires, may I strongly suggest you hire these individuals for your money management team to help you: -Certified Public Accountant (CPA) -Certified Wealth Manager -Certified Annuity Consultant/Manager -Tax Attorney -Trust Attorney The bank Wells Fargo has the contract with the UST for managing exchanges. So if you want the contract rates I would pursue exchanging with them. All banks have the opportunity to offer these rates but not all banks will opt to do so since there is extra paperwork and liability on their part to do so. There is also the stigma of the early group exchanges which, in itself, could be cause for worry about the legalities of past exchange practices. The hardest part of the exchange is going to be opening up the new accounts, if you do not already have accounts. Remember to put the proceeds from the Iraq dinar in a separate account. Remember to put you tax allowance in a separate account. I personally am going to use a savings account. I will not be leaving the money sitting there for long. Unless your proceeds exceed a certain level you will have complete access to the funds. Those over the limit will have up to 80% frozen for up to 72 hours while a background check is performed. I am hearing the limit is tens of millions of dollars. Hopes this helps everyone. Peace and Luv To Ya, Mnt Goat
  8. Backdoc at KTFA: "One Basket" - 12/3/2014 backdoc » December 3rd, 2014, 12:44 am IMO ONE BASKET !WOW! HCL, REALLY? SORRY I MISSED THE VOTE! OH, THAT’S RIGHT THERE WAS NONE, ONLY CONFIRMATION OF THE LEGALLY BINDING AGREEMENT WE ALREADY NEW! AND YES WE KNOW IT’S DONE, SO WHY NOT DO THE VOTE? MMMM REMEMBER, THEY SAID ONE BASKET!!! MMMM SO WHY GO PUBLIC WORLDWIDE? WELL, IF I MAY, LET’S GO BACK TO THE MAIN THING AGAIN SHALL WE? IT’S ALL ABOUT BUSINESS! .... SO HOW DOES THIS ACTIVATING THE PRIVATE SECTOR WORK? GLAD YOU ASKED!THE WAY THIS BUSINESS THING WORKS, IS THE BANKS WANT THE WORLD TO KNOW NOW ABOUT THE HCL AGREEMENT SO THEY CAN BE MORE EFFECTIVE IN RECRUITING MORE BUSINESS TO HELP INCREASE PRODUCTION AND DIVERSIFY THEIR ECONOMY DUE TO FALLING OIL PRICES! IT’S IMPERATIVE THEY GET MOVING QUICKLY OR THE RESERVES TO BACK THE CURRENCY COULD BE IN JEOPARDY. ANOTHER REASON COULD BE THEY SIMPLY WANT TO DRAW ATTENTION THAT IRAQ IS COMING BACK ON LINE TO THE INTERNATIONAL BUSINESS WORLD TO BE ACCEPTED. SINCE THEY INTEND TO BE A PLAYER! WHAT BETTER TIME WHEN EVERYONE IS TALKING ABOUT OIL RIGHT? THIS IS HOW IT WILL PLAY OUT. THE BANKS WILL RECRUIT COMPANIES TO DO BUSINESS IN IRAQ AND WILL STRUCTURE THE CONTRACTS. THEY WILL MAKE MONEY FROM THOSE BUSINESSES SINCE THEY GET TO FUND THE PROJECTS! AND WHAT CURRENCY WILL THEY USE? YEP! THUS CREATING MAJOR DEMAND FOR THEIR NUMBER ONE PRODUCT, THE DINAR !! NOW BACK TO THE POINT TONIGHT! ONE BASKET! IF THE GOI STAYS ON SCHEDULE, WE SHOULD BE EXPECTING THE BUDGET LAW BY THE 10TH DAY AS THEY SAID NOT ME. AFTER TODAYS NON-VOTE ON THE ANNOUNCED HCL, I BECOME A LITTLE MORE INTERESTED IN THE 3 DAY HOLIDAY SISTANNI ANNOUNCED WHICH RUNS FROM THE 10TH TO THE 13TH ! ARE THEY PLANNING A SPECIFIC DATE FOR THE ONE BASKET VOTE? YES,YES,YES, YOU CAN TAKE THAT TO THE SOON TO BE MINED "LUXURY GOLD MINE” IN IRAQ! LOL HEE HEE, COULDN’T RESIST THAT ONE! THE ONLY PROBLEM IS WILL WE FIGURE IT OUT? MMMMM MAYBE, BUT ONLY IN HINDSIGHT WILL WE KNOW, AND WILL IT MATTER? MAYBE NOT BECAUSE THE CBI WORKING INDEPENDENTLY NOW THAT ALL BANKING LAWS ARE IN PLACE, CAN SET AN INTERNATIONAL RATE ANY TIME! LET’S CONTINUE TO STUDY THIS WINDOW THEY HAVE GIVEN US NOT ME! I FAIL TO SEE WHY TEAM ABADI WOULD WORK SO HARD WITHOUT BREAKS LIKE A ROCKET SHIP TO GET THINGS DONE, JUST TO HURRY UP AND WAIT! IT'S TIME TO GET LONELY! DOC- IMO
  9. Backdoc » November 26th, 2014, 3:23 pm IMO "HIDING IN PLAIN SIGHT !" ON NOVEMBER 5 TH, I DISCOVERED THIS ON THE MAIN WEBSITE FOR THE KUWAIT NATIONAL BANK. THIS IS THE BANK THAT WILL HANDLE ALL THE CLEARING OF STOCK TRADES FOR THE ISX (IRAQI STOCK EXCHANGE). "Alert: Dear Customers, To better serve our clients, a system maintenance will take place on Friday November 7th 2014 between 6:00am and 10:00am (Kuwait Time). You may experience some difficulties, during this limited time period, when using the following channels and services: ATM, Point of Sale facilities, NBK Online Banking, Mobile Banking and NBK.com. If you face difficulty using our electronic channels, kindly contact 1801801. Thank you for your understanding." AT FIRST I THOUGHT IT MAY BE DOWN IN PREP FOR THE IR,(International Rate) BUT WHAT WE NOW KNOW IS THAT IT WAS THE PREP FOR THE X-STREAM SOFTWARE FOR THE SCREEN TECHNOLOGY. .... SINCE THAT TIME, I HAVE BEEN RACKING MY BRAIN AS TO WHAT WOULD QUALIFY IRAQ TO HAVE THE IR? MANY OF THE GURUS HAVE STATED THAT ONCE HCL WAS DONE IT’S OVER! WELL, WE HAVE KNOWN FOR SOME TIME NOW THAT HCL, AS WELL AS, OTHER IMPORTANT LAWS APPEAR TO BE DONE AND WAITING IN THE WINGS FOR A RUBBER STAMP VOTE OR AT LEAST PUBLISHED IN THE GAZETTE! WAITING FOR WHAT IS THE QUESTION? HASN’T THIS NEW AND AMAZING GOVT. SINCE SEPT. 8 TH @ 8:00 (NEW BEGINNING) SHOWN THAT THEY ARE INCLUSIVE? YES! AND HAVEN’T THEY SHOWN THAT THEY ARE FULLY FUNCTIONAL? YES! SO WHAT IS THE KEY OR THE ANSWER TO THE DINAR TAKING VALUE? SORRY I DIDN’T CATCH THIS EARLIER, BUT I SAW THAT THE BANKING ACT WAS NOT COMPLETE YET! DAAAA SOMETIMES I GET MAD AT MYSELF FOR BEING SO DENSE! WHO IS IN CONTROL? RIGHT, OZ!! YOU ALL KNEW THAT I’M SURE, BUT IT MUST REMAIN THAT WAY! (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI) THE BANKING ACT WILL INSURE THAT THE CBI WILL REMAIN INDEPENDENT WITH NO!, AND I MEAN NO! INTERFERENCE FROM THE FINANCE COMMITTEE OF THE PARLIAMENT!!! THE CBI HAS DRAWN A LINE IN THE SAND, HEE HEE, AND SAID, DON’T CROSS THAT LINE!!! WELL, MALIKI AND HIS GOONS BREECHED THAT RED LINE MANY TIMES IN THE PAST!!!! WELL, IN YOUR FACE MALIKI, AND ANYONE ELSE THAT DARES TO CHALLENGE OZ, LOOK AT THE NEWS!! DR. SHABIBI, (THE FORMER CBI GOVERNOR) AND DR. ALLAWI (THE FORMER FINANCE MINISTER) WERE ACQUITTED!!!! GUYS, IT HIT ME LIKE A TON OF NEWLY MINTED GOLD COINS FROM THE CBI, LOL. A RATE WILL NEVER HAPPEN UNTIL THAT RELATIONSHIP IS PROPERLY ESTABLISHED!! MY GUESS IS IT WILL BE DONE THIS WEEKEND!! OZ WILL TELL PARLIAMENT WHEN TO OFFICIALLY PASS THOSE IMPORTANT LAWS. UNTIL THEY TELL THEM WE WILL CONTINUE TO SEE CONFUSION AND DRAMA IN THE ARTICLES!! YOU SEE IT ALMOST WORKED. THEY GOT US TO LOOKIE, LOOKIE, OVER HERE AT THE LAWS (ESPECIALLY HCL) WHEN IN PLAIN SIGHT THEY REALLY WANTED THE PARLIAMENT TO SUBMIT AND PASS THE BANKING REFORM LAW!!! BINGO!!! THE ANSWER TO WHEN THIS HAPPENS NOW LIES IN SEEING THE PROPER SEPARATION AND CONTROL THAT OZ REQUIRES!!! BASED ON THE PROGRESS WE HAVE SEEN EVEN AS LATE AS THIS WEEK, WE KNOW LAWS ARE NOT THE ISSUE EXCEPT FOR THE BANKING ACT AS I MENTIONED!!! THIS IS THE KEY AND THE ONLY KEY AT THIS POINT! THE TIMING OF THE RATE LIES WITH OZ AND ONLY OZ! IMO WHEN HE IS COMFORTABLE WITH HIS RELATIONSHIP AND CONTROL, THIS WILL FLY MY FRIENDS!! I’M EXTREMELY OPTIMISTIC ABOUT THE NEAR TERM CONCERNING THIS MATTER. I WOULD NOT BE SURPRISED TO SEE THIS ADDRESSED THIS WEEKEND! IF SO, ANYTHING IS POSSIBLE AT ANY TIME! ONCE OZ IS COMFORTABLE WITH HIS CONTROL HE WILL PULL BACK THE CURTAIN FOR ALL TO SEE AND BY MAGIC ALL THOSE LAWS WITH DRAMA WILL BE DONE WITH AN IMMEDIATE VOTE!! IRAQ WILL THEN BE ON IT’S WAY TO BEING THE LONELIEST CURRENCY IN THE WORLD, NUMBER 1!!!!! NOW LET’S TALK BUDGET FOR A MOMENT. AS I’VE MENTIONED, WE WILL SEE IRAQ CUT EXPENSES, RAISE PRODUCTION OUTPUT, AND DIVERSIFY ITS’ ECONOMY AND WILL DO IT QUICKLY! AS I SAID, OIL WILL BE UNDER PRESSURE AND THEY WILL HAVE TO FIGURE A NEW LOWER PRICE IN THEIR BUDGET. TODAY WE ARE GETTING MORE ARTICLES STATING JUST THAT!! 65/BARREL TO 70/BARREL ARE WHAT THEY ARE TALKING! MMMM! THEIR PRODUCTION INCREASES AND DIVERSIFICATION ALONG WITH ANY LOANS FROM THE IMF WILL SOLVE ANY IMMEDIATE PROBLEMS. BY THE WAY, THEY ALSO MENTIONED THEY WOULD DIVERSIFY AND AGRICULTURE WAS MENTIONED! AFTER THE IR WE WILL SEE THEM OWN UP TO GOLD, PHOSPHORUS, AND LITHIUM! EXPECT GREAT THINGS TO HAPPEN THE MOMENT THE BANKING ACT IS DONE AND OZ HAS COMPLETE AND UNCHALLENGED CONTROL!!!!! IT’S TIME TO GET LONELY! DOC IMO
  10. Tlar: "Heads Up To Banks & The Population" 11/24/2014 Article: RETURN TO DELETE ZEROS OF IRAQ DINAR 11/23/2014 The decision of zeros and a broad debate between supporters and opponents .. We wish debate broader in universities and the House of Representatives and the rest of the institutions ... but an explanation of image, sound and cartoons to prepare the public for this process. However, Valenqashat healthy phenomenon for mature opinion. Especially with the availability of all information, such as the money supply and the number of banknotes, exchange rates and others. When the basic information for any file is available, the debate becomes positive, and not just rumors and controversies in newspaper headlines and news bar. Objections to cancel the zeros process addressed the likelihood of fraud. She cited the changing currency (15/10 / 2003- 15/1/2004), which were marred by a stampede -okasr Madh- No doubt, some of the fraud, despite the fact that this process has allowed them to achieve many things .. 1- Currency union major currencies instead of at the time, a Swiss dinar and Saddam dinar and the dollar .. except many other traded in certain areas Kaltoman Iranian and Turkish Lira and the Jordanian dinar. 2- The single currency has allowed the organization of a successful monetary policy of the Central Bank in difficult circumstances .. lifted Iraq reserves from scratch to reach 58 billion US dollars a day .. and controlling inflation exceeded three figures before 2003 .. amounted to 75% per year four years ago .. to arrive today to 5 0.2% per annum .. and maintain currency stability and strength .. which was born tranquility markets and transactions .. The basic goals of cash does not diminish that some of the gaps and mistakes. 3- Must recognize the central bank that it has returned some of the people's money for the people .. as calculated value of 1500 dinars = dollars when changing currency and its value today .. 1180 dinars to the dollar .. any regained every citizen the equivalent of 21.3% of its cash holdings. Unlike previous policies that ate monetary assets to reach the 3,000 dinar / dollar and more. The objections about the difficulties of the replacement process .. Vsttrah the new currency, and the two currencies will coexist for a year or two. And is withdrawn with zeros gradually whenever reach of banks, you will not get to defend .. but may allow the process to disclose fraud traded currency today .. The objections costs, the printing papers with less (1000) times the securities traded would be more feasible necessarily, knowing that copyright is an ongoing process annually for the withdrawal of the damaged leaves or to increase the money supply. Zeros from the currency's value will not change, and will help to ease currency trading and fragmentation, storage and calculated .. This is a good qualities of the coin, which, of course, the most important of stability and confidence in them. " ***************** Tlar: I see this article as a heads up to banks and the population. We know that there is a lot of Iranian made counterfeit currency circulating (dinars). We know that the banks have been warned that the CBI will not cover their burden/loss if they accept it and try to pass it on to the CBI (Shabibi had told thrm this now years ago). I think this is what this article is saying. If counterfeit currency is presented to the bank that there will be no arguing if it is counterfeit. IT WILL BE CONFISCATED on the spot with no payment, and no matter what you have to say, it will fall on deaf ears. You will not have any chance to defend. Most of the counterfeit currency at present in Iraq never reaches the bank. I see this is a heads to all banks and population to take away any argument that we did not know it was counterfeit and it will be confiscated. Try reading it in this context and the article makes perfect sense....Tlar
  11. Frank26: Monday Night KTFA CC Notes - 11/24/2014 Notes by BulldogFord65: IQD update: • There is no date and rate given at KTFA, only the studies and opinions of what the articles, the GOI and CBI are saying • In Frank’s opinion, the HCL (hydrocarbon law) is done; Frank has been saying laws are needed to complete the MR, (Monetary Reform) and we have been seeing evidence of these laws • The HCL = The End, in Frank’s opinion .... • There is a meeting in Turkey that is extraordinary, bringing all the parties together to finish the MR, and we may see the parliament do something with laws tomorrow, but if not, don’t be discouraged, it’s coming • The citizens know what is happening and what is coming; they know the GOI is formed and they are rid of M, the ministers are in place, and the businesses coming in to Iraq know it also, and the whole world knows it • In Frank’s opinion, Abadi has been in charge since February, the USA has had M in check since then; as soon as it was made known publically that Abadi was in charge, the laws were passed with urgency and expediency; US troops returned to Iraq with the stated purpose to fight ISIS but it was a good excuse to enter with a coalition to establish stability • The Smart cards are being distributed and the citizens want them, they understand what is going on • Frank’s time period of study for the GOI to be formed was 9/28 – 12/14, but the GOI was formed and seated before 9/28, and only the HCL needed to be finished to complete the MR; The citizens believe in the HCL and know it will be done soon, and they know what it means to have the meeting in Istanbul, Turkey with Baghdad and the Kurds • Why did such a large delegation of Saudis go to Iraq last week? Why is SA protecting the border of Iraq? SA is wealthy, so why would they be helping? Because the IQD is a support currency that will bring them even more wealth • The citizens of Iraq are needed to make the MR work, but they did not begin cooperating until recently • All that Frank and teams are paying attention to now is the HCL • Frank encouraged all to understand the Patriot Act, to get a good international lawyer, to stop waiting to be spoon fed, to become knowledgeable about this blessing because we will be hit hard with laws and taxes, and we need to be good stewards of our investment • In Frank’s opinion, the HCL only needs to be implemented, it’s done, passed and ready to go • The citizens are cooperating now because they can trust their government under Abadi, their bank (CBI); citizens banks accounts are not being raided, they are secure • Notice the timing of M making a statement today coming out against Abadi, M is jealous • Information from one of Frank’s teams: the US govt never gave weapons to M’s government, but right now, the US govt is giving both weapons and aid to Abadi’s govt • Frank believes the HCL was done 3 months ago; since Abadi was made PM, it’s been all about the citizens • (livestream feed was lost for a couple of minutes at this point) • Frank reviewed the history from this summer and the things his teams studied • (livestream was lost again at this point)
  12. Backdoc Saturday Afternoon Post - 11/22/2014 FROM BACKDOC / EXCLUSIVE - Sent to D.Recaps "ONE IS THE LONELIEST NUMBER THAT YOU’LL EVER DO" ! TUESDAY WE SAW IRAQ RECEIVE A LOAN FROM THE IMF, WED. THAT MONEY WORKED ITS WAY INTO THE BIG STATE BANKS FOR REFORM AND ON THURS. WE SAW THE KURDS WERE PAID 500 MILLION DOLLARS FOR SALARIES. THIS WAS AN UNPRECEDENTED AGREEMENT BY THE GOVT. AND THE KURDS ON THE OIL AND GAS LAW. THIS AGREEMENT HAS LEAD TO FURTHER PROGRESS OVER THE WEEK LEADING TO A SIGNED WORKING AGREEMENT ON COMPLETING THE NEW HCL LAW. PRESENTLY A COMMITTEE IS MADE UP OF KURDS FROM THE NORTH, SUNNIS IN THE SOUTH BY BASRA, AND SHIA FROM THE GOVT. ALL WORKING TOGETHER TO COMPLETE THE MOST IMPORTANT LAW IN IRAQS HISTORY! NOW, THAT IS WHAT I CALL ''FULLY FUNCTIONAL''. SHUT THE FRONT DOOR! FOR THE FIRST TIME EVER WE SAW THE EMPIRE WAS QUICK TO INVITE THE KURDISH AND BAGDAD OIL MINISTERS TO THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT IN ISTANBUL TURKEY. THE HCL LAW, FEDERAL COURT AND PARTIES LAW, AND AMNESTY LAW LOOK TO BE PASSED ALL AT ONE TIME. THE PREPARATION FOR THOSE LAWS ARE AND HAVE BEEN UNDERWAY NOW FOR SOME TIME NOW, MOST NOTABLY THE HCL. ON TUES. WE SEE PARLIAMENT BACK IN SESSION TO POTENTIALLY REVISIT THE PASSAGE OF THESE IMPORTANT LAWS! WITH OIL PRICES BEING CHALLENGED AT THE 80 DOLLAR PRICE AND THE POTENTIAL TO HEAD LOWER, IRAQ NEEDS TO SETTLE THEIR OIL DISPUTES AND INCREASE PRODUCTION TO OFFSET FALLING PRICES! IRAQ NEEDS TO QUICKLY DIVERSIFY THEIR ECONOMY TO STABILIZE THEIR GDP! IT APPEARS THAT THEY WILL BE INCREASING TARRIF FEES AND DUTIES TO HELP COMPENSATE LOWER REVENUES FROM OIL SALES. ALSO THEY LOOK TO BE CUTTING BACK ON SOME INFRASTRUCTURE SPENDING TO HELP PLUG THE HOLES IN THEIR LOSS OF REVENUE! I LOVE THE, "ALL FOR ONE AND ONE FOR ALL" THAT P.M. ABADI IS DEMONSTRATING! YESTERDAY THE GOI TOLD ALL STATE DEPARTMENTS TO BEGIN EXCLUSIVELY USING THE DINAR OVER THE DOLLAR FOR ALL FINANCIAL TRANSACTIONS. EVEN THE AIRPORT WAS INFORMED TO DO THE SAME. BUSINESSES WERE ALSO INVITED TO DO THE SAME. WELL, SLAP! HEY THAT WORKS FINE FOR DIGITAL BUT NOT SO WELL OUTSIDE THAT ARENA!MMMM WHAT THIS WILL DO IS BEGIN MAKING A MARKET FOR THEIR NUMBER 1 PRODUCT, THEIR CURRENCY!! BINGO! THEY ALSO STATED THIS WEEK THAT THEIR CURRENCY IS UNDERVALUED, DAAAA!!! NO KIDDING!! I LIKE THE RECIPE THIS IS MAKING! CREATING DEMAND FOR A CURRENCY IN HOUSE FIRST, TELLING US THEIR NUMBER 1 PRODUCT IS UNDERVALUED AND AND THE OIL AND GAS LAW LOOKING TO HAVE THE WRAPS PUT ON! MMMMM AND JUST TO PUT A CHERRY ON TOP OF THIS TASTY TREAT, WE SAW SOME SERIOUS CURRENCY FLUCTUATION YESTERDAY! JUST TESTING? OR THE BEGINNING OF SOMETHING MORE TO COME? MMMM SERIOUSLY, WHEN YOU ARE NUMBER 1 IN THE WORLD IT CAN BE LONELY!!! I LOVE IT!! BRING ON THE LONELIEST NUMBER THAT YOU’LL EVER DO! DOC
  13. Aggiedad77 and KTFA Members Saturday Afternoon News & Opinions - 11/22/2014 Aggiedad77: BREAKING NEWS FAMILY.....actually a revelation on my part In reading this article found by JJ and thinking back on other recent articles by the KTFA News Boys.....I have had a MAJOR "AHH HAA" moment (See Article Below) In these latest negotiations between Baghdad and Erbil what do we know were the major points of agreement? First, the Kurdish state employees would be paid $500 million dollars by Baghdad for October and this would be upped to $1 billion dollars for November.....now someone asked about this being paid in USD versus IQD, I believe the story related USD for the purposes of the world's understanding of the amount paid....in actuality the payment will be in IQD....IMO. .... Secondly, and this is the BREAKING NEWS.....what was promised to Baghdad?Well, 150,000 barrels of oil production per day. Who promised this production? The Kurds. Where do we see this production coming from though? The oil fields of Kirkuk. Who had possession of those oil fields prior to all the terrorist activity this year? Baghdad. So has Baghdad given up ownership of these oil fields to allow the Kurds to negotiate this 150,000 barrels of oil a day to come from them? Or....if Baghdad is still laying claim to the oil fields, then they just gave the Kurds the payment (#1 above that I mentioned).....for nothing in return from the Kurds. Add to this the fact that this 150,000 barrels of oil will be pumped to Turkey's coastal city of Ceyhan, by what means? Well there are two choices, a moth eaten, terrorist destroyed pipeline that Baghdad owns, or a state of the art new pipeline that the Kurds built that has been in continuous production since May of this year. The oil is going to flow thru the Kurd pipeline....of course. Either way you look at this news....the Kurds are the real winners here. They have gained 150,000 barrels of oil per day by being allowed to flow the Kirkuk oil thru their pipeline, on the face of things, they are saying they "are giving 150,000 barrels of oil per day to Baghdad, but the truth is they are "gaining" this 150,000 barrels of oil to add to their production. And if this is the truth, they are making some very worthwhile gains regarding Article 140 at the same time, the ownership of Kirkuk an area that has been in dispute for a number of years. Any way you look at this agreement it is a WIN WIN WIN for the Kurds....and a WIN I think for all of Iraq because it triggers the HCL in the end as well as Article 140 resolution. Of course triggering these two big events also SHOULD trigger things on more of an international level for the world. What an exciting way to wake up and start the day. Aloha Randy *********** JJONESMX : One oil refinery in Erbil Dh start Kirkuk oil to Turkey via the Kurdistan line after a week of Baghdad agreement - Erbil Author: HA, MA, RS Editor: HA, RS 21/11/2014 16:05 Long-Presse / Kirkuk Declared the governor of Kirkuk Necmettin cream, Friday, start pumping 150 thousand barrels of oil from the Kirkuk oilfields to Turkey, and as likely to increase production to 250 thousand barrels after the completion of the development plans, a source in the North Oil Company said that the oil product will be shipped through pipelines built by Kurdistan region. Karim said in an interview to the (long-Presse), said that "supposed to have started pumping 150 thousand barrels of oil fields of Kirkuk to the Turkish province of Iraqi Kurdistan passing the line," likely "add other amounts for this line." Karim added that "Kirkuk oilfields production will reach 250 thousand barrels after the implementation of the development of production processes in the northern oil fields plans." For his part, a source in the North Oil Company said in an interview to the (long-Presse), "The oil extracted from the Kirkuk fields will be shipped through the lines established by the region and heading to Turkey to implement the agreement that has been reached between the center and the region." The source, who requested anonymity, that "the amount of oil extracted from Kirkuk, amounting to 150 thousand barrels will increase during the next term after the completion of the study processes and conduct technical linkage fields of Kirkuk and Jambour and baker with Bai Hassan, which began weeks before then with Hormal passing through the territory of Kurdistan region to Turkey. " The oil minister, Adel Abdul Mahdi, announced today, to begin the shipment of Kirkuk oil through pipelines established the Kurdistan region with Turkey, which, according to the agreement reached with the territory. Announced Oil Minister Adel Abdul-Mahdi, in (November 13, 2014), agreed with the President of the Kurdistan Regional Government to the Federal Government to transfer $ 500 million for the region, and among the agreement to ensure that the Government of the Territory put 150 thousand barrels of crude oil per day at the disposal of the government Federal, regional president stressed that the government will visit Baghdad at the head of a delegation to develop a "comprehensive" and constitutional solutions to resolve outstanding issues. The oil minister, Adel Abdul-Mahdi, arrived in (November 13, 2014), to Erbil to discuss the oil file, and to reach an agreement between the central and regional governments on the differences Alnaftyh.okan President of the Kurdistan Regional Government Nechirvan Barzani stressed, in (November 12, 2014), that Open the door to dialogue with the central government to reach an agreement and the non-recurrence of a mechanism to cut the budget and the salaries of the staff of the region, and expressed optimism regarding the upcoming visit to the oil minister, Adel Abdul-Mahdi to Erbil. It is noteworthy that the former prime minister, Nouri al-Maliki, instructed to cut the budget of the Kurdistan region since the beginning of the current year 2014, including staff salaries, against the backdrop of the crisis between Baghdad and Erbil. LINK ********** Aggiedad77: Oh goodness, we continue to see more evidence of PM Abadi's desire to do the right thing....his recent appointment of Dr. Saleh as a personal consultant I think shows his faith in the former CBI official.....it is certainly a slap in the face to the former government.... (See Article Below) Abadi continues to show the people of Iraq and the world that his intentions are to build an Iraq that is based on honesty and integrity....cutting corruption, terrorism, and excessive spending.....putting Iraq and its government on a "diet" a reduction not in calories but in the amount of money it has been spending frivolously in the past 8 years. The gold inlayed desks and crystal chandeliers are a thing of the past I think.....it's time to be frugal with how money is spent and work on holding everyone, everyone accountable for their budgets....and let that accountability start with their upcoming 2015 budget. Aloha Randy ********** walkongstick : Economists welcome the reduction of government spending Imad Jassim 11/22/2014 Economists welcomed the reduction of government spending, but there are those who stressed the importance of a real austerity plans, and work to re-examine the distribution of state resources in accordance with the principle of justice. She said an economic expert Dr. peace Sumaisem pressure that government spending has become a necessity at this stage that I have described Balasabh, "but on the condition that the practical is done through a review of the final statements for this year's budget, and knowing the size of spending achieved in all institutions." He described the economic expert, Dr. Majid picture orientations of the government as "pressure for some luxury or entertainment expenses. What is really needed is a rethink in the distribution of state resources, in accordance with the principle of justice, and reduce the privileges of officials, and the reduction of their salaries as well." It is believed a researcher at the Economic Affairs Dr. Maytham defect "that promote the idea of ​​austerity media creates traces negative, and concerns in the hearts of Iraqis. It is important to work to reduce consumer and luxury expenses are exaggerated, and that is the sort of extravagance of politicians and government officials." http://www.iraqhurr.org/content/article/26705162.html walkingstick » November 22nd, 2014, 12:50 pm De-Dollarization: Is BRICS a Viable Alternative to the U.S. Dominated World Economic System? Interview with Asam Ismi of the Canadian Centre for Policy Alternatives Global Research, November 22, 2014 Economist and Geopolitical analyst Peter Koenig talks to Asad Ismi 1. Is BRICS (Brazil, Russia, China, India and South Africa) a viable alternative to the present U.S.-dominated world economic system and does it have the potential to replace it? Are we witnessing the birth of a new international economic order in BRICS and the Russia-China energy deal? The BRICS have a great potential to become a viable alternative to the dollar dominated economic system. The creation of the BRICS development bank is an indication in this direction. The bank could temporarily even act as a BRICS Central Bank and when the time comes issue a new BRICS currency, for example the Bricso. Together the BRICS account for almost 30% of world GDP and for about 45% of the world population. However, the US is using any means they can to destabilize the BRICS one by one. Take Brazil, though Dilma Rousseff has won easily the first round of elections, but after Washington’s slandering her government for corruption and high indebtedness – the usual non-substantiated arguments – her campaign had to work hard until reason prevailed. I’m confident, people’s trust will confirm her in the second round. There is a massive effort of de-dollarization going on by the BRICS, led by Russia and China, the two strongest BRICS members. Since June 2014 regular and sizable ruble – yuan swaps have taken place to free the two countries from the traditional trading currency, the US dollar. In early July this year, after meeting with Vladimir Putin, Elvira Nabiullina, Governor of the Russian Central Bank, declared in an international media event, just before her impending meeting with the Governor of the Central Bank of China in Beijing, “We are discussing with China and our BRICS partners the establishment of a system of multilateral swaps that will allow to transfer resources to one or another country, if needed. A part of the currency reserves can be directed to [the new system]“, – thus announcing the emergence of an international anti-dollar alliance. This signals the beginning of a new monetary system which eventually will issue its own currency, possibly a basket of currency, akin to the Special Drawing Rights (SDR) of the IMF that could gradually replace the dollar as a reserve currency. This is in fact already happening. Ten years ago, the world’s reserves consisted to about 90% of dollar denominated securities. Today that figure has shrunk to 60%. Indeed it is high time that a new monetary and economic system replaces the current FED-BIS (Bank for International Settlement)-Wall Street dollar denominated predatory casino scheme that has in the last 100 years alone largely contributed to – and benefitted from – two world wars, impoverished our planet, socially and environmentally. This system is at the verge of a larger abyss than the depression of the 1930s. The global amount of outstanding derivatives is estimated way above 700 trillion dollars – global GDP is about US$ 72.6 trillion (est. 2014). Five of the largest US banks alone have each more than 40 trillion in derivative exposure. If they decide to call in their debt at one or in part, it would for sure create a worldwide tsunami with a resulting collapse of our western monetary system. Today 6 US banks control two thirds of all banking assets (in 2008 the figure was just over 40%). Add to this calamity that in 2008 the too-big-to-fail banks were ‘bailed out’ by public money, according to the new Todd-Frank banking Act, future insolvent banks have to rescue themselves by ‘bail-ins’ – confiscating money from depositors and shareholders. A similar law has recently been approved by the European Commission (EC). – The world at large can only hope that a new monetary system will emerge soon to reign in the atrocities of our western greed economy. 2. How will the BRICS system be better for the Global South than the U.S. one? A “BRICS system” would offer a healthy alternative to the highly indebted and defunct dollar system, where money is printed at will. It would be detached from the Wall Street – BIS clearing system (SWIFT) and would allow trading in countries’ own moneys with currency swap arrangements between respective central banks. Today, though steadily declining, most trading is still denominated in dollars and has to transit through a US bank and the BIS clearing system. Under the FED-BIS-WS banking system currencies – and gold – are subject to exchange rate and interest manipulations. For example, the ruble has lost 22% of its value since the beginning of 2014 and 15% in the last quarter alone. There is no economic reason for that, other than anti-Russia propaganda and currency manipulation, since the Russian economy is despite the ridiculous ‘sanctions’ on more solid ground than that of the US. Call it ‘sanctions’ – if you will – for not bending to the political demands of Washington on Ukraine. The western MSM would like you to believe that this is the result of the Russian caused Ukraine crisis which is driving investors away. Western media continue to ignore that Kiev’s gang of thugs, a Nazi government, was created and is supported and funded by Washington and its western puppets. In the meantime, the BRICS and some other countries, including Argentina, have started denominating their contracts and trading in local currencies already some time ago, thereby considerably circumventing exposure to the fraudulent dollar system. A solid alternative currency may also become an alternative reserve currency – a deed for which countries around the world, especially China, Russia and India, have called for years. Recently Beijing has offered the EU to deal with China directly through respective central banks’ currency swaps, thereby avoiding the oppressive claws of the dollar. Outrageous penalties, like the 9 billion dollar ‘fine’ to the French BNP-Paribas for dealing with sanctioned Iran might not have happened if the US would not have had a claw on the French bank because of its obligation to transit – and hold accounts – in the US banking system. 3. What is the potential for a BRICS currency to replace the U.S. dollar? The chances are good that a BRICS currency, or let’s call it a solid alternative currency based on the combined economy of sound nations will eventually displace the dollar as ‘world currency’ – in other words as currency of reference and major reserve currency. Once the new money is established with a secure exchange and transaction system, replacing SWIFT, it is very likely that many countries that so far do not dare abandoning the dollar – for fear of sanctions – might join the new money pool, thereby strengthening it. As I said before, it is high time that the currency of worldwide theft, abuse and exploitation – the US dollar – financial instrument for endless wars and economic terrorism, be replaced with a currency of peaceful endeavors that respects national sovereignty – a currency that works for the people, not for the elite of a few. 4. To what extent will the recent Russia-China energy deal undermine the U.S. dollar? Will China pay for Russian gas in Yuan and not the dollar? The Russia –China US$ 400 billion energy deal, signed in May this year will by 2018 have some 38 billion cubic meters of gas flow through the so-called ‘Holy Grail’ pipeline from the largest gas producer, Russia, to the largest energy user, China – is many things at once: it is, of course a symbolic step in the process of decoupling hydrocarbon trading from the dollar, as it foresees payments in local currencies, rubles and yuan. It sidesteps the traditional dollar denomination for hydrocarbon trading. It is symbolic, because Russia’s total hydrocarbon trading per year alone amounts to about one trillion dollars. But it is a demonstration to the world that Russia and China, at the verge of war in the 1960s, are morphing into a strong alliance in trade, politics and defense. In that sense yes, the gas deal is clearly undermining the dollar. Prior to the signing of this gas treaty, during a special meeting on 24 April, Russian Deputy Prime Minister, Igor Shuvalov, declared that in the future Russian enterprises will be subject to a “currency switch executive order”, under which a certain percentage of contracts will be denominated in rubles. Whether and when the level will reach 100% is largely a question of the partners’ willingness to deal in ruble. This directive has been enhanced by Russiya Bank’s parallel declaration that the ruble is fully backed by gold. 5. What is the significance of the $100 billion development bank set up by BRICS? Can it replace the World Bank? How will it be better for the Global South than the World Bank? For now it is a symbolic step away from the Washington Consensus of the WB and IMF neoliberal approach to development financing – away from privatizing of public goods and services, like water supply and health and education services – I would hope. The development bank is not yet operational, but from my understanding will likely concentrate on infrastructure development and enhancement (transportation, energy distribution, telecommunication and so on), energy exploration and exploitation, including alternative clean energy – and social services. The BRICS development bank may initially also serve as a BRICS central bank, especially in case of issuing a combined currency; and perhaps also take over some of the roles pertaining to the IMF, like balance of payment assistance – hopefully with human rather than with the IMFs draconian conditions. Remember, today China is clearly in the BRICS driver’s seat with an interest to harvest the benefits of the group’s synergies and comparative advantages, a collection of countries geographically and culturally apart and distributed around the globe. Their relationships and trading among each other may make the benefits for each larger than the sum of its parts. Whether the new BRICS development bank will eventually replace the WB and maybe the IMF depends largely on the way the new bank sees economic development, whether their policies and fields of action are attractive to borrowers and address their people’s demands. – That means that people clearly do not like to see their corrupt leaders becoming richer, while their water and sanitation services are being privatized, their natural resources being exploited by foreign corporations for a pittance and their government operations being ‘structurally adjusted’, leaving masses of people jobless, their social safety nets being abolished or stolen, with reduced wages and pensions. These neoliberal pro-cyclical policies should definitely not be part of the new BRICS economic development bank. 6. Please comment on the significance of the recent meeting of the Shanghai Cooperation Organization and its expansion to include India, Pakistan and Iran. The 13th annual summit of the Shanghai Cooperation Organization – SCO – held in Dushanbe, Tajikistan on 11-12 September, may be a hammer for the west. It was attended by the heads of state of Russia, President Putin, China, President Xi Jingpen and Iran, President Rouhani. The group’s membership, currently consisting of China, Russia, Kazakhstan, Tajikistan and Uzbekistan is poised to be expanded to include India, Pakistan and Iran. Mongolia is another likely candidate. The Oriental Review, an Open Dialogue Research Journal, reports, “The reasoning behind the need for expansion is obvious. If the SCO is to have real weight on the international arena and become a truly prestigious organization that is able to rival NATO, it requires additional members. If India, Pakistan, Iran and Mongolia were all to become permanent members, which looks likely, the group would then control 20 percent of the world’s oil and half of all global gas reserves. On top of that, the bloc would represent about half of the world’s population. This would fortify SCO’s reputation as a dominant organization. Additionally, Turkey could become a member as well. Its leadership has long been seeking to join and Turkish-speaking governments are likely to support their petition.” If Turkey, a NATO member, would join the SCO, this would clearly be a conflict and nail in NATO’s coffin – a blow to western powers. The journal goes on – “The aggressive nature of Western actions towards Russia has certainly united the SCO members. What links them all – whether members or observers – is the rejection of Western-dominated institutions, such as the World Bank or the International Monetary Fund, which are all US-based. The SCO, like the BRICS with their Development Bank, sees itself as a forum against the Western dominated global order.” The SCO summit concluded that economic cooperation between members should be enhanced, which includes further economic integration. The concept bodes particularly well for China’s idea of a new Silk Road Economic Belt that might expand westwards to include Germany, as per a personal proposal of President Xi to Madame Merkel in March 2014. Hence, the Oriental Review concludes and I concur, the ambition to create a truly dominant organization free of any Western influence may become a reality in the near future. I would like to add – this cannot happen fast enough in order to stop US-led western aggressions and financial terrorism around the world. 7. Are the recent U.S. war moves in Syria, Iraq and Ukraine and the U.S. pivot to Asia aimed at preventing the consolidation of alliances such as BRICS? These moves – or rather military aggressions – have multiple purposes. A primary purpose is ‘regime change’ of all those governments which do not align with Washington’s imperial ideology. In the Middle East, and elsewhere for that purpose, the idea is to sow chaos and strive between different ethnic groups and religions. Make no mistake, the ISIS, the latest so-called ‘terror caliphate’, and all its predecessors – were and are all created and funded by Washington. Their purpose is to destabilize countries and then to justify US intervention to ‘salvage’ what’s left of the mess. In other words, to bring about ‘regime change’ – just see the recent turmoil in Iraq and Syria – and to some extent also Ukraine. In Ukraine the White House literally orchestrated a coup in February this year and installed, financed and armed a regime of Nazi thugs in Kiev which is now committing the most atrocious war crimes in the eastern Ukraine Donbass area, killing thousands of civilians – so far more than 3,700 – mostly women and children and causing a flood of so far more than 1.2 million refugees into Russia. In this latter case the ‘pivot’ to Asia is expanding NATO basis ever closer to Moscow’s doorstep – and to take over – like in looting – an extremely resource rich country that has been the cradle of historic Russia. Obviously, Mr. Putin, the Kremlin and the Russian people do not like to see this vicious take-over of their brothers and sisters and their ancient lands. But there is more to destabilizing the BRICS and the pivot to Asia — practically maneuvering of Ukraine into civil war, planting chaos in Iraq, Afghanistan, Libya, Somalia, Sudan, Syria — than meets the eye. It is the end game, full spectrum dominance – the full achievement of the PNAC (Plan for a New American Century) – meaning complete control of the world’s resources, people and economies. Already in the 1970s Henry Kissinger, one of the patriarchs of elitist and neoliberal thinking and perhaps the greatest war criminal still alive, spoke these infamous words, “Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world”. These words resonate today stronger than ever. 8. How fragile is the U.S. economy? ls it in danger of collapsing soon due to its heavy debt load? The US economy is as fragile as can be. It is basically a balloon of hot air, ready to implode. This is partly due to its enormous debt – 105% of GDP (US$ 17 trillion, est.2014) – and unmet obligations – 127 trillion, about 8 times GDP; no other country in the world has this level of actual debt and foreseen but uncovered obligations. Today the economy of the United States is a mere house of cards. It consists to more than 50% of the war and security industry and related services and industries. In other words, the US has a GDP of destruction – with the hope that after a country has been destroyed to rubble, its citizens killed or reduced to misery – US corporations will be called to rebuild and rescue what’s left. As per Robert Zoellick, former World Bank President ….. “As in Iraq, we hope to be part of rebuilding Libya, when the war ends” – and we all know who controls the World Bank. As the world at large takes gradually note of the emptiness of the US economy, of the nakedness of the US emperor, so to speak, people and countries are wishing and hoping – some are even calling – for an alternative monetary and economic system, as their reserves and international contracts are in peril. Adding to the fragility of the US economy is its banking system. As mentioned before, it is again at the verge of a collapse – this time with considerably more serious consequences than in 2008 of which repercussions are still felt today around the globe – 6 years later. – Many ‘expert’ estimates predict a stock market slump of up to 70% in the very foreseeable future, vs. about 50% in 2008. Consequences of unemployment, housing dispossessions, hunger and disease – sheer misery are unfathomable. However, there is a strong feeling that these cyclical economic collapses and disasters are not just unpredictable random events inherent in our economic system. They are rather planned events – planned by the masters of the system – the FED, Wall Street, BIS, the financiers of this world – so that the rich can get richer and the poor will get poorer. This phenomenon was already observed during the economic slump of the 1930s. The middle class is diminishing. The abyss between rich and poor grows worldwide – towards a world of a distinct corporate and finance elite and a mass of serfs to scurry about complying with the wishes and desires of the masters. But it’s not too late. We the People can stop it. We must wake up and become conscious. 9. Is there anything else you consider important and would like to add? People beware of the Mass Media and their outrageous lies! The Mainstream Media, or commonly called MSM, is a weapon as criminal and killing as the US / NATO war machine with its European puppets. The MSM are in the hands of 6 giant Judo-Anglo-Saxon media corporations. They literally control 90% of the information officially dished out to the common citizen. Their news are copied and replicated throughout the world, translated into whatever language is suitable and needed. They work and are paid for the financial and corporate elite, especially the military / security and financial complex. – They dupe people into believing that they are in pursuit of peace, protecting you from terror, preventing villains like Russia and China from taking over the world, when in reality it is thanks to Russian and Chinese diplomacy and economic pressures that the world has so far escaped WWIII. Already Goebbels, Hitler’s Propaganda Minister, said – A lie repeated often enough becomes the truth. That’s the level of lying we are exposed at today – far surpassing Orwell’s 1984 doomsday scenario. Our thinking has been brainwashed and manipulated to the point where a lie is more comfortable and easier to believe than the truth. There are few media that are worth watching or listening to. One of them is TeleSur of South America, with home in Venezuela. It broadcasts around the world, has top reporters and journalists stationed and reporting directly from the hotspots, with in-depth analyses, connecting the dots and areas of interest – something that is hard to find these days. TeleSur can be seen in most of the Southern Hemisphere, including in parts of the US, and everywhere on internet. We have to wake up – awaken to a consciousness of peace and solidarity – seeking the truth from uncommon sources, like the present one, TeleSur and others on internet, rather than submitting to the steady drip of indoctrination by the mainstream media. Becoming conscious of people, societies, the environment – the truth around us – that’s my wish for humanity. http://www.globalresearch.ca/is-brics-a-viable-alternative-to-the-u-s-dominated-world-economic-system/5415375
  14. Frank26, Aggiedad77 and KTFA Members Thursday Afternoon - 11/20/2014 Another Mailman » November 20th, 2014, 1:06 pm Hi Frank. Yesterday the Smart Card holders were paid their salaries and today the non Smart Card holders were supposedly paid. From what budget were they paid and with what currency. They have done such a great job of pulling in the 3 Zero notes. I just cant see them flooding the markets with billions of high denoms Frank26: IMO ........ 2014 via Oil ..... Electronically. KTFA, Frank Another Mailman: That makes sense for the Smart Card holders. Not sure how it applies for non Smart Card holders. Thanks .... Alan: In the military your required to have direct deposit to get paid. If you don't then you don't get paid. Could the same go for iraq? Who knows... Another Mailman: Could be, but, you would think that they still need physical currency somehow. I remember articles where the Kurdish banks were complaining of having zero dinar. *********** Aggiedad77: Good Morning Family, Talk continues in the direction of what the Iraqi's in this article call "the law of one".(See Article Below) .....what they are referring to here is the HCL....the Oil and Gas Law......seeking to meld the desires of Baghdad with the concerns of Erbil into "one" and of course this makes the most sense....one common law that will dictate how oil and gas issues are dealt with in Iraq..... Another show of unity for all Iraqis if they can make this happen. I personally believe they are very close to agreement on the issues at hand, that after many years of no real negotiations we are seeing positive interactions between both groups and actual movement forward....the ball is indeed moving downfield. Aloha Randy *********** Frank26: THOSE and THESE that You speak of Randy are what I yesterday called : "In a UNITED STATE." One For and Of and By The ................ CITIZENS. EVERYTHING is NOW being done for the ........... CITIZENS. To a point ......... ONLY. You are a Good annalist ! I Like reading Your post !! Aloha Bratha !!! KTFA, Frank ** Frank26: Dash/Isis is under control like a cancer. They still need to be treated seriously with our weapons and intel. I sense that they NOW want to play .......... Not fight so much. If they are sincere maybe they can come to a table to talk of peace and ......... Profits together. Time will tell. Pray for our TROOPS ! KTFA, Frank RE: Aggiedad77 Post: walkongstick :Bahr al-Ulum: there are directions to collect the oil wealth of laws and the law of one 20/11/2014 13:26 Tomorrow Press / Baghdad: detection of oil and gas committee parliamentary member Ibrahim Bahr al-Ulum, on Thursday, and the existence of political orientations collect oil wealth laws and the law of one of the advancing oil wealth management in an integrated manner. Uloum said for "tomorrow's Press," The "in front of the government and the parliament, several related to the management of oil wealth laws must be approved, including oil and gas law and the law of the National Oil Company and the law regulating the oil ministry," noting that "there are political orientations collect all these laws and bring them under one law to ensure the activation of the oil wealth in earnest on the grounds that no law alone can not resolve all the outstanding issues. " He added that "if we were able to collect all the special oil wealth laws and one law could contribute significantly in advancing the oil wealth management in an integrated manner from the government or the province," pointing out that "the current parliamentary session, which directed a review of all laws submitted to parliament the previous government, including the oil and gas law, which pull the current time to the government. " Referred to the oil and gas law is still in the House of Representatives did not approve the inclusion of so far because of the many differences between around Baghdad and Erbil. LINK ********** walkingstick » No Excuse for Excessive Holidays Posted on 20 November 2014 . By Padraig O’Hannelly. A recent report from Al Monitor highlights the shocking number of official and unofficial holidays in Iraq, and the affect that this is having on commercial activity and education. But that’s just part of the picture. Due to its plentiful oil reserves, many would consider Iraq to be an example of a rentier state, whose main function is to distribute the profits from exported natural resources. It might sound like a good deal, but at current oil prices Iraq will have difficulty balancing its budget if it also wants to defeat the Islamic State and continue with its program of building houses and developing infrastructure. Over-staffing in the public sector and excessively generous public holidays will not help the country achieve those objectives. With the amount of work still to be done in Iraq, the abundance of its natural resources is no excuse for allowing its human resources to lie idle. http://www.iraq-businessnews.com/2014/11/20/no-excuse-for-excessive-holidays/ ********** jdtolle » November 20th, 2014, Start again If the day starts off with disappointment or frustration, start again. Take a few seconds to re-boot your attitude to a more positive and effective one. What happened before does not have to drag down what is happening now. Look in the direction you wish to proceed and let go of everything else. Plenty of people can be annoying but you don’t have to be annoyed. All sorts of situations can be frustrating but you don’t have to be frustrated. Rise above all that. There is great, unique value in your life and that value deserves to be expressed and experienced by you, here, today. You have love to give, joy to live, achievements to bring to the world, and a whole lot of other important things to do. Put your energy into what lifts you up and pushes you forward. The world is as it is, and you can decide to be better for it, more motivated, more determined and more effective. As often as necessary, take the opportunity to start again, and bring your special goodness to all of life. — Ralph Marston Wishing All a safe, warm and blessed day
  15. Frank26 and KTFA Members Wednesday Afternoon - 11/19/2014 Frank26: As I told You on Your CC last night Family ........ The Kurds were invited to Baghdad's pajama stay over party ......... Last night.Also told what they are doing at such party. Now here is what we find fascinating as of today. They are actually willing telling You many MR (Monetary Reform) things RIGHT NOW !!! (See Article Below) .... It not like they planned to share today what they do for the CITIZENS ........... It's just NOW working out that way. It is of our learned opinion that the reason they now pay inside of the country to their CITIZENS is because they have already set the stage to pay outside with a new exchange rate. The mechanisms to do so have been set up this year. They do MR steps in back and now ............ IN FRONT OF US. May God continue to Bless .......... Us all ...... Amen. Aloha Family .... KTFA, Frank ********** JJONESMX : Conflicting news about Barzani's visit to Baghdad today for theimplementation of the oil agreement Nov 19 2014 wed eight thirteen a.m. | (Voice of Iraq) - Baghdad: Hamza Mustafa Arbil: Dilshad Abdullah with informed sources confirmed that the expected visit of the delegation headed by Kurdish KRG President Barzani will begin today to Baghdad, Kurdish sources close to the Prime denied Government of the Territory do Barzani this visit soon. She Baghdad to Kurdish sources, in a press statement yesterday, said that «a Kurdish delegation headed by President of the Region Government Barzani will visit Baghdad Wednesday to discuss the outstanding problems between the center and the Kurdistan», indicating that «the delegation includes both financial and Minister for Territorial Buys Talabani, and the Minister of natural resources and wealth in Kurdistan, Ashti Hawrami, and the President of the Presidium of the Kurdistan region, Fouad Hussein, a spokesman for the Government of the Territory Sven de partial, and a number of other officials in the region ». The source added that «due to the Kurdish delegation will meet with Prime Minister Haider al-Abadi and other officials to reach a final agreement after an agreement in principle to resolve all the problems between the two parties, including the export of oil and the budget». For his part, stressed member of the Iraqi parliament from the Kurdistan Alliance bloc Abdul Aziz Hassan, in told «Middle East», that «this visit was planned before, but failure to reach a real agreement or lack of good intentions in the past to discuss the outstanding problems was postponed this visit, because the results were known in advance». Hassan added that «it differed now where available to the parties (the Government of the province and the federal government) a real will to find solutions to the crises and problems outstanding solutions, which is manifested in the oil minister, Adel Abdul-Mahdi Initiative», pointing out that «the current stage we are going through and passes by the requirements of Everyone, that is the existence of a common dangers, including the threat of terrorism and economic problems that can result from a reduction in oil prices, probably provided the right atmosphere to achieve real progress in this area. » Hassan explained that «visit Barzani in Baghdad today, and the nature of his entourage, will be important to develop this agreement as practical, as well as to discuss the outstanding issues that will be all on the dialogue between the parties to the table, with the focus of these discussions will be on the oil View », indicating that« the progress in this file will be a real key to find solutions for the remaining issues outstanding, which we all hope to be resolved even go all the construction and investment stage ». In the same vein, counting a member of the Oil and Energy Committee in the Iraqi parliament and former oil minister Ibrahim Bahr al-Ulum, told «Middle East», that «This agreement is part of the document the political agreement which was signed in the eighth month of September (September) the past when the government won the confidence, and therefore it is natural that this document will enter into force in the context of the practical dimension, so it came Adel Abdul-Mahdi Initiative oil minister to paint a real framework of this agreement as that been out and that will be enhanced through the visit of a delegation to the Government of the Territory of Baghdad. » And across the Bahr al-Ulum hoped that «contributes to this agreement in finding a suitable ground to resolve outstanding and inherited political problems so as not to repeat such crises and problems in the future, so that the government and with the support everyone is able to implement its program for the next four years». In turn, Hoshyar Abdullah, Head said block Kurdish change in the Iraqi Council of Representatives, in an interview for the «Middle East», that «the Erbil agreement between the Federal Government and the Government of the Territory entered into force, so the delegation Territory Government will discuss during his visit to Baghdad two main axes, namely search all outstanding problems between the two parties, and the completion of the initial agreement they signed in Erbil last week, and how to develop it, and the advancement of the Iraqi economy, and the issue of oil and lower prices in the global markets ». For his part, Arafat Karam said, MP for the Kurdistan Democratic Party, told «Middle East», that «the visiting President of the Government Baghdad to the region, will visit historical critical, to make sure that there is an intention of Baghdad to address the problems between the two sides. In contrast, the Iraqi government now seems to have the intention to address these problems with the region, especially in the oil and gas and the Peshmerga issues, so arrive at a common solution, but this needs some time ». But hilarious essence, a member of the Committee on Relations in the Parliament of Kurdistan, denied the news of Delegation region to Baghdad Wednesday, said in a statement to «Middle East» yesterday that «the region delegation's visit to Baghdad linked to the arrival of the financial advance agreed upon by the two parties last week (half a billion dollars), and yet this advance did not reach the central bank in Kurdistan, and we waiting for, and this advance did not reach the delegation was not currently fly to Baghdad, because the Parliament of Kurdistan committed President of the Region Government Barzani not to go to Baghdad, but after the recent send the agreed financial advance with the Kurdistan to Erbil ». He was minister of the Kurdistan region Council Secretary Amanj Rahim, has said for «Roudao News Network», close to the head of the territorial Government, that «Barzani President of the Region Government will not visit Baghdad soon, and there is no specific date for this visit.» Middle East Read more: http://www.sotaliraq.com/mobile2014.php?id=175909#ixzz3JU6gSyK0 songongwolf (From My Ladies) THE DINAR HAS A VALUE IN THE COUNTRY TO THE CITIZENS, IT IS ONLY WHEN THEY LEAVE THE BORDERS OF IRAQ THAT THE DINAR HAS NO VALUE. WHEN WE SPEAK OF THE DINAR REVALUING WE ARE SPEAKING OF THE INTERNATIONAL EXCHANGE RATE. THAT IS COMPLETELY DIFFERENT THAN THE VALUE OF THE DINAR INSIDE IRAQ. THEY WILL NOT BE PAID AN INTERNATIONAL EXCHANGE RATE INSIDE THE COUNTRY. IN THE COUNTRY OF IRAQ A DINAR IS A DINAR IS A DINAR. THE SAME AS HERE IN THE USA, A DOLLAR IS A DOLLAR IS DOLLAR, BUT WHEN WE TAKE IT OUTSIDE THE USA AND EXCHANGE IT FOR ANOTHER CURRENCY IT HAS A VALUE MUCH LESS THAN $1.00." Since you brought up inside vs outside Iraq... Question for My Ladies.....if you would be so kind. An American has an Iraqi bank account with 1 million digital dinar. What happens to that account if the Dinar RV's at 1 IQD = 1 USD? How much is now in the account after the RV? $1000.......$1million USD Thanks.... ********** BulldogFord65: Hello Singing Wolf: One dinar will always and forever be one dinar in Iraq or anywhere else in the world. One dollar will always and forever be one dollar in the USA or anywhere else in the world. When you exchange one dinar to any other currency, the value of that dinar is how much of that other currency you can buy at that time. When you exchange one dollar to any other currency, the value of that dollar is how much of that other currency you can buy at that time. Perhaps it's easier to stop thinking in terms of "exchange rate" and think of it as "purchase power." If you have 1 dinar, how many dollars can you buy with 1 dinar? If you have 1 dinar, how many Euros can you buy with 1 dinar? As of today, with one dinar, you can buy 0.00084 US dollars, or 0.00068 Euros. In your question above, 1 million dinars will never, ever be anything except 1 million dinars in your bank account in Iraq. The only time it can be anything different is when you take some of those dinars and "buy" (exchange) it for another currency. May God bless you abundantly today. FAMILYBUSINESS wrote on November 19th, 2014, 2:43 pm: I sure hope Iteam has some good news for you Mr. 26 ....... is it unusual that Iteam would call at this time of the day and/or week? ********** Frank26: Some of their report was on the pajama party from last night. Even with the bombing ......... They are in a UNITED STATE. Hmmm......... Deep when You give this some thought. Have also told You that ALL YEAR DR SHABIBI has been with the IMF orchestrating the MR of the IQD with the GOVENORS of the CBI. S does NOT want to return to the CBI ............. But it is highly possible some of his staff will soon. Now ......... Look at Your notes ......... What did I compare this to?...... Jack and Christine !!!....... to o .......... As this is to Shaleh and Alak to my buddy ....... Abadi !!! KTFA, Frank
  16. Hi Everyone....Here's the latest from ole Mtn.Goat for those of you who like to see what she has to say. As always, eat the meat and spit out the bones & please don't shoot the messenger. Be blessed & have a great weekend...RON Mnt Goat Friday Update - “The WOW Factor” - 11/14/2014 (Thank you George for emailing this to D.Recaps Saturday morning, 11/15/2014.) UU8351 - “The WOW Factor” by Mnt Goat Hi Everyone, The climate is progressing quickly into Winter wonderland here in Bavaria. Already some tourist flock into the area for early skiing and so the season begins. Just because we can’t see all the snow from the valley towns below does not mean it is not there high in the mountains. You only have to take one of the many Bahns and you will see. It is a different world in the Alpine valleys but we knew these days were coming since we saw all the signs that this would be an excellent season of snow and cold this year. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 11/7 (*****) as this news letter is a continuation of this news. Today’s News Today is Friday 11/14 and Iraq is making great progress in their new government. The major emphasis this week appears to be the continued effort for “full” Erbil Agreement implementation. Remember the Erbil Agreement? I have mentioned this many, many times already in my news letters. This was the agreement signed in 2010 to help unify Iraq and list the necessary reforms and laws so they could join the rest of the world as a civilized society and a financial powerhouse. There is also a Unification Conference scheduled shortly. I believe this is the same meeting with ideas from the former president Talibani, now taking shape. Do you rememeber those days when we were promised this meeting would happen and then it would be followed with ...... financial reform....We can't forget these past events since they are significant and are part of implementing the long term plan. They might not have happened on schedule but they will occur. We know also the holdup has been the Maliki syndrome (the last 8 years of nothing). He promised to implement this agreement as part of the compromise and negotiations to form the government in 2010 and seat him as the prime minister. So now Abadi is pushing forward in a rapid pace to implement all these reforms and laws. This is still the plan and it has not changed. The USA and UN has said they are not going to allow Iraq into this civilized society unless they abide by its rules. With wealth comes responsibility. The fear is this- if Iraq does not implement these reforms then there is a very good chance they would only squander their new wealth anyhow (maybe with more terrorism) and those PTB who assisted them would not get the expected payoff they are planning on and need. We, as currency investors, would not get our payoff either. What does full Erbil Agreement implementation mean? Well the best way I can explain this is to have you go back and re-read a past news letter of mine where I spelled out the Erbil Agreement provisions for you. Are we now witnessing all of these provisions being implemented slowly but surely. We can check, check and double check-off all the items as done, almost done or going before parliament. This is a very exciting time for Iraq and us. Let’s look at just some of this week’s progress: -The oil and gas law has its first reading and the second reading is expected for this weekend. Abadi has agreed to the 150 thousand barrels of oil per day, as the needed revenue to fund the projects going forward. The Kurds and other provinces agreed that this is a doable and a practical target. This in itself is huge ! Finally they agree. This means they now have the basis for a budget. The two are so closely interconnected. -We read article after article on the provisional governments (part of the decentralization of power effort) and how they are structuring representatives for the Federation Council and even designating provincial oil ministers into the Council to support it. WOW again! -the banks now have the coins as the auctions prevailed. The lower denoms have been ready for distribution for months now. -another round of Qi card payments coming up this week. How will they fund them this time around? This will be a continuing nagging pain in the neck without a budget. Can’t have a budget unless you know what to base it off of (projected revenues) and they now have this. But it takes time to pump oil and bring it to market to make money materialize. So just how do they intent to fund this next go around of government funded payments? This is billions of dollars. -Judicial reforms law going to parliament this coming week for review and fine tuning. Might even see a first reading. This will be the final nail on the coffin for Maliki. -now fully capable of trading on NAZDAQ international exchange -announcement this week Iraq intends to “fully” implement the Tariff law beginning in 2015. Why have they not already fully implemented these tariffs? I explained this in detail out to you many months ago. The payment system is an automated system run by the IMF. The IMF automatically bills the country of origin, then the revenues are forwarded to the WTO. Funds for IMF cut are taken out, the rest goes to country of origin. This system is plugged into the international currency exchange markets to give up to the minute exchange rates. This is how payments are determined. Since the IQD is not yet on the needed exchanges this system will not yet work. We are talking billions of annual revenue to Iraq. The tariffs are also part of the economic reforms promised by the government. Summary So today I send you an update of the latest news I am hearing. It is just where we want to be at this time. In fact there is an excellent window of opportunity to see the RV in the coming days, not weeks. As I have said in my previous news letter, we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it. In the past I talked about an Oct 31st target for completion of this RV process being missed by Iraq then about a new mid November target being established. Well…. we are here. It is mid November already. So let us see how this plays out. Unfortunately I do not see Iraq as being fully ready. This is my opinion but what is my criteria may be overly demanding criteria. Who really knows. I do know that Erbil Agreement is not yet fully implemented. But then again Iraq is in a state of financial crisis. I am hearing Iraq needs money desperately and they need it now. The RV could help in this situation. The Finance Committee of parliament has asked the CBI this week once as to why the continued delay in the project to delete the zeros. There is enormous pressure from all sectors to complete article 8 of the UN charter and get this currency back international and to a reasonable, current asset backed value. Please do not get discouraged when some “intel guru” tell you this RV is going to happen everyday and it does not happen. This is hype. Instead concentrate on the positive events you know as factual. Look at the progress of the government and the new bright attitudes and agenda they are pushing. Then look over to the international side and see how the plans are shaping up to get them international. Then one last item is the necessity to be international and how it is so inter-connected with the entire program. I assure you the rate will be equal to or greater than the pre-war value. The exchange will be easy and you will be happy. There will be no “rush” on the banks since the USA has over 365,000,000 people and it is projected less than 5,000,000 hold dinar. Out of that amount only about 30-50,000 are actively engaged in the news. So what we can expect at the banks is business as normal. So with over thousands of banks exchanging when the time comes, how do you see a jam up at the banks? I do not understand? Who is pumping you with this? Who is creating this “fear” factor and for what reason? What is their true intent and motive? As I described in my opening paragraph in today’s news letter about the hidden Winter wonderland high in the Alps this same rational thinking too applies to the situation in Iraq and what progress we can see from the outside. Just because you can not see or know about to appreciate all the significant progress Iraq is making daily, does not mean it is not happening. Just because you do not know or understand the plan being carried out by the PTB to “safely” bring Iraq into the modern financial sector does not mean someone is not watching over the plan and implementing it. We know about the set backs. We witnessed Maliki and his goons and how he nearly destroyed Iraq. We witnessed recent ISIS actions of terrorism. We know that Iran had plans to make Iraq a puppet state. For each of these items we have seen failure. Iraq is resilient and it will succeed mainly because of the enormous support from the PTB and the fact that this entire effort did not just happen. It was a well thought out plan since the early 90’s to take control of the Middle East region. Control over these vast oil supplies means power and power means wealth. Why Throughout history it has always been the ambitions of wealthy nations to seek yet more avenues of wealth. Seems they get to a point and must use their existing wealth to gain military strength then the conquests begin. After all why have such big armies and navies if not for conquest? This Middle East effort is yet another conquest. A modern conquest but a conquest nonetheless. The future story lines will write of a nation born from the ashes of a revolutionary war to break off from existing powers and in a short period took its turn as the conquering hero. Remember though and be prepared…all conquering heroes eventually fall as nations rise and fall throughout history. History will tell the story and I hope they will tell it accurately. Maybe the plan may have wavered a bit over the years, but the final outcome will remain the same. A stable Middle East using Iraq as the platform country progressing outwardly. We must take all this into account these past events and let the country now re-adjust and move forward once again. This all takes time. I do know this – Iraq is now poised for something BIG? I see an explosion of revenue coming shortly. I know for a fact they can not continue on an 1166 rate much longer without self destructing. The PTB will simply not let this happen. Then when can we expect the RV? I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV. Peace and Luv To Ya All, Mnt Goat
  17. Mnt Goat Monday Morning Post - “Will we see an Oct or Nov completion” - Part 1 of 2 - 10/27/2014 (Thank you George for sending this to Dinar Recaps.) UU8088 - “Will we see an Oct or Nov completion” by Mnt Goat Hi Everyone, Guten Tag! This morning I am already beginning to see white on top of bergen near my home. The color from the trees is all but gone. The popular tourist destinations for summer are now converting to winter businesses. Yes - we are about to see a huge change in the coming weeks. I come to you today to share my recent findings and give you an update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letters of 10/20 (LINK) and 10/23 (LINK) as this news letter is a continuation of this news. Today’s News Today is Monday 10/27 and Iraqi progress is moving forward very rapidly. Their efforts now seem to be focused mainly on three fronts. One is fighting ISIS, another is getting the necessary laws implemented that can create more stability thus support the security side. Lastly the other is a flood of news businesses and contractors now knocking at Iraq’s door. They are writing new contracts like crazy. What is happening? These are contracts with international companies for reconstruction projects, new housing, tourism, transportation, goods and services. Where is all this money going to come from? What is the expectation? Seems just weeks ago Iraq has to borrow money to keep running the government and even payout on their social programs. Do I smell a currency revaluation in the air? Do they know something we don’t? Now as an onlooker, let us concentrate our efforts on waiting and watching for certain laws to be implemented and announced to the public in the coming weeks of not days. Forget about all this hidden, cloak and dagger stuff, secret backroom deals, as some have said these laws are done, done done… Really? Well you know my take on these attitudes and I will not reference it again but only to say some of this people are nuts, nuts nuts and have no idea what is really happening and someone is pumping them to hand out this misinformation. Either that or they are just blindsided. If they are done then why have they not let the public know? Why would they hide it? It is not all about the RV you know! Tell me please? Could it be because they are not yet done as to why we hav not yet seen the RV? So now let me tell you about yet another one of the Iraq MPs who came forward just recently to tell us what laws are in fact the most important and critical ones at this junction in time. Why would he do this if they were “all done”. Seriously tell me cause I really want to know. A member of the House of Representatives Mohammed al-Shammari said the construction of the political process and the future of the country and overcome the differences depends on the approval of three important laws. Al-Shammari said the Euphrates News Agency that "the completion of the government is a step in the right direction, and expressed his hope that the House of Representatives will now initiate other important laws." He added that "the political process need to articulated laws, including: 1) the law of parties, 2) the Federal Court, (could he mean the “accountability and justice law”? ) 3) the law of oil and gas (could he mean the HCL and Article 140 dispute?) all on which depends the fate of Iraq. These three main laws would solve the problems of the relationship between the political blocs and between the federal government and the provincial government." He claims that there is a strong need to set priorities of the Council of Representatives, stating that the construction of the political process and the future of the country and overcome the differences depends on these laws. Could these three laws also show the areas of concentration not yet completed to given us that needed political stability (meaning the political side finally is catching up with the economic side). Can you get the tone of what al-Shammari is trying to tell us. He has pointed out the three main laws he sees, as an MP that need to be addressed and done now. He is saying, as I have been saying all along, by implemented these laws it can bring much needed stability to Iraq. Does this seem like De Ja Vu to you? Why must we keep hearing about these three laws over and over again yet it seems that parliament does nothing. Of course this is only partly true since they have been waiting to get the government fully seated first. We just get impatient because we want our RV and want it now. We are now beginning to see signs that this effort is being undertaken to address these three important laws. This now should be our focus as onlookers of this process. These are the three laws we most want implemented to set the stage for the upcoming stability of Iraq for the revaluation. These are now also in Iraqi’s scope and main focus. Do these three laws sound familiar?. Yes they do! They are right our of Erbil Agreement of 2010 as I have been attempting to tell you in my last 10 news letters. These are the laws necessary to go forward with this country. Are there many others too that need to be implemented? Yes – but you have to remember we don’t necessarily get focus or attention in articles to all the laws they are voting on and passing. The Iraqi news tends to carry only the critical and most important laws, the most controversial laws. So many of the other, less critical laws (i.e. dealing with the news media) may already be implemented and in fact I know that many are already done. Overall the progress in getting these laws is much farther than we know from reading articles and from what Iraq is freely telling us. But now a conspiracy, or intentional its just that way. But now we do know their top three priorities so let’s watch and focus on them in the coming weeks. The oil and gas law So a couple days ago, on Saturday 10/25, out pops news of the progress on the oil and gas law. This is yet more evidence of it not being completed, as some have said. The good news today is they are working quickly to settle this once and for all. These are their words not mine. Baghdad-Iraq-Presse -25 October / October revealed the Commission on oil and energy parliamentary, on Saturday, for the negotiations conducted by the leaders of political blocs represented in the House of Representatives to end the controversy regarding the oil and gas law and approval. The committee member said MP Hussein by l / Iraq Press / that “negotiations were under way, these days, between the heads of the blocks to get to the final version of the draft law of oil and gas and an end to the dispute of oil between the federal government and the Kurdistan Regional Government constant since the year two thousand and seven.” Added by, that “the Commission on oil and energy in addition to the political parties concerned as well as the joint committees between Baghdad and Erbil are trying as soon as possible the completion of the unification of three drafts in agreement with the Commission to pass the law commentator since two thousand and seven.” But he also said that “in the event of failure to reach a common draft of drafts that have been formulated in two thousand and seven draft developed by the previous government or the previous draft of the oil and energy will search the possibility of drafting a new oil and gas law satisfies all parties.” Mnt Goat Monday Morning Post - “Will we see an Oct or Nov completion” - Part 2 of 2 - 10/27/2014 Promised by oil and gas law, “the main gate to resolve the dispute between the federal government and the provincial government and the establishment of the Council of federal oil would end the disputes between the parties” Ended The Accountability and Justice Law The de-Ba`thification process in Iraq has fallen profoundly short as a transitional justice mechanism over the past decade. Poorly conceived, badly implemented, and controlled by hard-liners, the process has been so highly politicized that it has eroded the rule of law and intensified the sectarian tensions that are at the heart of the violence haunting Iraq. This is at the heart of what is wrong with the Iraq justice system today and what must be corrected. So to reform the justice system, the Accountability and Justice Law was written. You can’t simply just keep throwing people into prisons because they were members of the Ba’ath party under Saddam Hussein forever. Many of these people are good people and highly skilled at running governments and the politics. They are needed back into society. That would be like if we still hunted down prior Germany citizens almost 70 years after the war ended just because they were members of the Nazi party, knowing they had little to do with any real terrorism or violence in Germany. It is time to let go too now in Iraq 11 years after the invasion. In February 2008 the Accountability and Justice Law was approved by Iraq's three-member Presidency Council. The reforms were exerted by some Sunni political blocs and the United States Government. The law was never supported by the Maliki government and was never passed and implemented. So in the 2010 elections this law was added to the long list of needed laws that had to be passed within 30 days as part of fully implementing the “Erbil Agreement”. Maliki had to deliver to be confirmed as the new prime minister at that time. We know he never completed Erbil and this too has been a source of contention in the years following his second administration. This topic is now hot ! Businesses also need a fair deal when settling disputes and legal actions when dealing with Iraq and in the past refuse to come into Iraq due to this effect. Now we see this all changing. Now we see this law once again pop up in the 2014 list of the 27 reforms and again on the past Saturday’s news of the top 3 hit list for critical reforms. Why would we not be watching for this law as a sign of stability? It is so much needed for Iraq to push the RV button. I do not believe they will RV until this justice system is remedied. The Law of the Parties I have not heard much about this law or know if it is already written or how close it is to implementation. In one of my previous news letter I described what I have been hearing they intend to do in this effort and why it is important going forward for Iraq. It is also now on their critical list of top 3 laws to get done. We have not yet heard much probably because it still needs work and is still on the drawing board in the rough. I fully expect to hear about this real soon as they should give us an update on the progress of it in the news. This is also something we all should be looking for in the coming weeks if not days. Hearing news about this will be yet another excellent sign for us on the nearest of the RV we have been waiting for. 2014 Budget Update Okay here we go again with the continued saga of the budget. Oh wait a second ! Is it now supposed to be already done, done, done as some are saying? Is it really? Then why this flurry of recent articles if there was no more concern about a budget and there was plenty of money to go around? We see this is much more complicated than most think. Especially read the last statement below. The Financial Times reports that a looming fiscal crisis is threatening to limit Iraq’s ability to finance its war against the Islamic State insurgents. This is despite the country having large oil revenues, billions of dollars in reserves and surplus funds left from unexecuted projects. In recent years, expenditures have “skyrocketed“, with the public payroll, and food and energy subsidies, taking up 70 percent of the public budget. In addition, as much as $500 million is needed every month just to feed the 1.75 million internal refugees who have been displaced in the war. Baghdad also owes billions of dollars to the Kurdistan Region. The situation is not helped by the fact that parliament has yet to agree a budget for this year, at a time when oil prices have dipped below $90 a barrel. Ashraf Abdelaal, the economic affairs officer for the UN mission to Iraq, told the FT: “The IMF and the World Bank will not give Iraq one dollar until the budget has been approved … Credibility in the Iraqi system does not exist any more.” Declared a member of the parliamentary finance committee, Jamal Panthers, Iraq suffered a severe economic crisis. The Panthers told all of Iraq, that "the parliamentary Finance Committee took the reins of the budget and working closely with the GOI," he said, adding that it will integrate realistic expenses and revenues in for the years 2014 and 2015, the fact that Iraq is going through significant challenges and exposed to the severe economic crisis and need international loans, "noting that "Iraqi delegations outside the country is negotiating to borrow money." (this is the real reason for Abadi’s recent road trip) He pointed out that "the adoption of the budget will be delayed somewhat, because the draft is still with the government," calling on the government to "speed up the sent to the Parliament." And disagreements about Baghdad and the region, said that "there is a delegation from the region to visit Baghdad soon to discuss the outstanding issues and finally resolved." Referred to the House of Representatives the previous edition and the current was not able to approve the general budget for 2014, which restored the parliament a draft law to the government to be re-drafted and as required by the reality transmitted in the country, especially after the halt oil exports of Kirkuk, and increase military spending to arm the army. It is now confirmed by a member of the House of Representatives Kazem that the Council of Ministers will complete on Tuesday a draft federal budget for 2014 to the House of Representatives for review. The adoption of the federal budget for 2014 will be soon, after the arrival of the draft to parliament on Tuesday 10/28. The latest hold up was "about the differences between Baghdad and Erbil agreements have taken place to resolve all the outstanding and controversial issues. Oh – wait a second…didn’t I tell you a couple news letters ago that they had to adjust the budget to coincide with funding some of these 27 reforms ? and that some of these reforms were still controversial and had to be still worked out. This could cause delays downstream in other laws or events since……”is all interconnected”. Summary So today I send you an update of the latest news I am hearing. It was interesting to hear of these three laws as their main target now. The first two, that of HCL and the Judicial reforms did not surprise me however the Law of the Parties did. I thought this was something they would just get around to doing prior to the next elections. I was dead wrong. This shows me just how serious the USA is on having Erbil (those 27 reforms) all completed prior to the USA letting any RV go. yes – the carrot is still dangling in front of Iraq and they know they need to move quickly. I also believe the USA and UN are fast tracking them and pushing them to get these laws implemented. My sources are telling me they are targeting now the end of October but personally if we don’t see some critical items this wee, then I am afraid to tell you that we could be looking at instead a mid November window for completion. What are these items we need to look for? I have listed them in this news letter they are the HCL, Articles 140 dispute removed, the Judicial Reforms laws, the Law of the Parties and lastly the infamous 2014 Budget. We are being told the revisions are done now for the budget law and they are expected to review it in parliament tomorrow. The other laws we know they are working on, but some are also dependent on having the money to fund them so they need the budget. I am hoping by now that you are realizing that there is not some mythical entity holding back this RV or that there is a conspiracy with the UST. You only believed this because you are constantly hearing this news from a selected number of intel providers that it is going to RV any and every day. In fact just this past weekend was supposed to be a big event weekend with lots of parties scheduled for Saturday and Sunday. Parties for what? Seems Iraq is always having parties and scheduled celebrations for the RV….lol…..yet the RV never seems to happen. So once again it’s Monday, the ISX is international and running and still no RV. Do you see what I mean now? Can we all please just stop listening to this nonsense and get on with the facts and reality of what is really going on in Iraq. I do appreciate all the concern and emails on these topics. I have tried to cover as much as I could in this news letter today and I sincerely hope I have helped you to understand. To all dinarians- the RV holdup is not about just the budget, the HCl, the seating the parliament or council of ministers or any one singular event or law. It’s about putting an entirely new “functional” government together as a whole. It’s all coming soon and Iraq is working at warp speed to get it all done. We just have to wait and be patient and stop listening to those that want to stress us out by given us false hope that everyday its going to RV. Instead take it upon yourself and sit and read the news articles from Iraq. They tell the story better than any “guru” could tell. Then when can we expect the RV? I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the country of Iraq and its government is stable, secure, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed. This I know now as fact not rumor. Note: I am no longer saying fully formed government as criteria since I believe this requirement has now been completed. It is the very first “fully” seated government for Iraq since the invasion of 2003. Congratulations to the Abadi government ! Peace and Luv To Ya All, Mnt Goat
  18. Here you go, for all you Mtn.Goat followers....her latest diatribe. There is some worthwhile info here, but just eat the meat & spit out the bones. Please don't shoot the messenger. Have a great weekend & be Blessed..! RON Mnt Goat Friday Update - 11/7/2014 - “It’s beginning to look a lot like Christmas!” - Part1 UU8677 - “It’s beginning to look a lot like Christmas!” by Mnt Goat Hi Everyone, In Germany we have many favorite times for celebration. As you know one of the favorites was the Oktoberfest this fall. It was once again a lovely time this year. The opening day parade was spectacular and the beer……oh boy !!!! So now we look forward to yet another great German tradition. This event is focused around the Christmas spirit. It is coming soon and it is called Christkindlesmarkt. Do you know what this is? This period goes way back to 1400’s when it was traditional to give children gifts onDecember 6th , St. Nicolas’s Day. So you know Meine Kinger luv it. Since then it had progressed into the squares and platz in Germany to become a delightful tradition. The enticing smells of mulled wine and rum punch, roasted almonds, gingerbread and (of course) bratwurst…. lol…..fill the air. And it’s not only tiny tots who will have their eyes all a-glow as the Christkind will open the holiday season. This all happens the Friday before the first Sunday in Advent is the day it all begins. This is the official start of the Christmas holiday season in Germany. We are making plans now to hop on the train and head up to Nuremberg for a few days. Here we will visit the world-famous Nuremberg Christkindlesmarkt. This has become an annual holiday tradition for our family. Miene Kinder can hardly wait but I too along with Meine Hubby also enjoy being outdoors at night, sipping mulled wine and seeing all the lights and smells. It is a wonderful time of the year. Wish you all could join us this year ! But the real reason why I come to you today is to share my recent findings and give you an update on the progress of the economic reforms project and how this relates towards the international rollout of the IQD for Iraq. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 10/29 as this news letter is a continuation of this news. Today’s News Today is Friday 11/7 and Iraqi is making great progress in their new government. As I said previously the major items now of emphasis for Iraq government are: 1) expose the past 8 years of corruption and weed out those responsible for the corruption; (we see Maliki is about to face his maker…..lol….) 2) defeat ISIS and secure Iraq (build up the provincial and national security forces); 3) complete the economic reforms. I will talk about this last item mostly today since you are hearing so much more about the other two items lately in the general news media. What - no budget on the agenda? I have to say this 2014 budget issue is a done deal. I have already told you in a previous news letter how Iraq intends to use the 2014 budget. They are not going to formally announce a voting on the budget since much of the detailed project are being rolled over to 2015. Much of the intended money has been stolen and they are not going to brag about internal corruption from the Maliki administration. It would only be egg on their faces to since they allowed it to happen. What money they have left (after Maliki raped the coffers now over 150 billion) they are using along with supplemental loans. Approx 80% of it is being used to fund the fighting with ISIS with the hope they will get continued military hardware, logistical and air support from the alliance forces. The other 20% is for domestic spending on critical functions to run the government. They do not want to resort to any more short term loans but they will resort to this step if necessary. Kuwait banks have offered funding and well as the IMF. So why don’t they just RV and get all the money they need? If it was so simple don’t you think they would have done the RV already? If they are not careful in how they reinstate their currency the process could blow up in their faces and make them worst off. For instance we see them slowly rolling out reprinted, newer currency with even more up to date security features. These are more of the 3 zero notes. We all wonder why they are doing this. It seems counter productive since didn’t they just got through a massive program to collect as much 3 zero notes as possible? Is this not a deviation from their plan? Do they intend to prolong this RV forever? Absolutely not ! The CBI is doing this so when they recall the last of the 3 zero notes there will be a deadline to switch them over for the lower demons. This is much like they did when they switched over from the old Saddam Hussein notes. Remember they are just not going to give out FREE money to anyone. The citizens must come to the bank and switch out their present currency. After a said deadline (to be determined) the older, original 3 zero notes will no longer be legal currency in Iraq. Note I said “in Iraq” so don’t worry about the ones we hold as investors outside of Iraq. I will explain how they intend to handle these notes. Why is the CBI being so fussy in rolling out the newer, more secure 3 zero notes? They are doing this since they will be still using these 3 zero notes going forward for inter- banking and international transactions. They need the larger notes for these very, very large transactions in the future between countries. They actually never go away altogether. They must break this counterfeiting that is happening first. It is killing their economy and is a terrorist liability. The average citizen however will not use them but if they had a couple (of the newer 3 zero notes) they would actually be legal tender but just not allowed on the streets and rejected by the banks after the said deadline. So imagine if you were counterfeiting the dinar or had a large stash of maybe trillions of the original , older 3 zero notes. Now they are no longer legal tender to anyone. What would you do with them? Well in the Middle East you may as well throw them away after the deadline. Anyone with very large stashes will be caught at the banks trying to exchange them since this is the only place you could switch them over to the newer, more secure 3 zero notes. This is kind of like a trap for terrorists and counterfeitting rings they are setting who now have very large stashes (i.e. ISIS). This is also a well planned effort to flush out or disarm these dinar counterfeiting rings (much of which is coming from Iran). They must get this counterfeit currency under control prior to any RV. They must disarm any large stashes of dinar that can be used against Iraq by the terrorists. So far they have kept this effort in the background and I am not exposing anything that will hurt their effort since they are so far into the process already. Also I want to remind you that all of our 3 zero notes that we now hold are also the older, original 3 zero notes. The CBI must collect these too and get them off the streets of foreign countries too or someday they might end up back in the Middle East in the hands of terrorists. They must do it very quickly once the RV rollout happens. They can’t do it now since we are not going to let go of our dinars without some incentive (like a revalued rate?). Can you now see why? I know for a fact there already have been many exchanges within the USA in this matter. I will not talk about the legality of these transactions since the IQD has not officially already revalued - or has it? Some say it is perfectly legal since last spring Maliki did in fact officially reinstate his currency while he was still in power as the prime minister. Some also say he had no power to do it since only the CBI has control over the currency. Yes the GOI must approve any recommendation by the CBI (as an agreed to courtesy) but the official power lays within the CBI. Will the IQD we hold outside of Iraq, be legal tender in Iraq? Actually after the RV if these older notes are brought back into Iraq from the EU or USA countries the answer is emphatically a big fat - NO! Airport security will probably confiscate them. The older, original IQD will only be legal tender outside of Iraq. This “legal immunity” will only last for a period of time before suspicions will arise if you try to exchange any very large quantity of this older currency. Many terrorist questions will arise at this time at the bank and you probably will be faced with Homeland security issues. So my advice is don’t wait in conducting your exchange when the time happens. ************************************** Mnt Goat Friday Update - 11/7/2014 - “It’s beginning to look a lot like Christmas!” - Part 2 Will there be a time limit to exchange post RV? No-but like I said if you go beyond a “reasonable timeframe” AND you have a very large quantity then many terrorist questions will arise at this time at the bank and you probably will be faced with Homeland security issues. So my advice is don’t wait in conducting your exchange when the time happens. So if you were to hoard a few of these older 3 zero notes (turn in the rest under the exchange) and then in the future take a vacation trip to Iraq, thinking you could bring them and spend these notes and live high off the hog.,,,,, think again ! Actually in the near future they will be illegal tender in Iraq and you might even get arrested for having them since you might be suspected of being a terrorist. You would have had to intentionally smuggled them into Iraq first of all and this alone is not good. So don’t do it. Just exchange all of them in your country of origin and get rid of them. If you are planning a trip to Iraq get the newer, lower denomination notes from the bank as you would any other country when going on vacation. What about these new coins? How do they effect the RV rollout? The committee on the economy and investment in the Iraqi Council of Representatives, revealed on Thursday 11/6, by saying that "the central bank completed its preparations for the issuance of metal coins of seven small groups." Said committee member Rep., Nora my neighbor, L / Iraq Press / that "the Central Bank and in conjunction with the implementation of the project to delete the three zeroes from the paper currency currently in circulation, will issue metal coins from multiple categories to overcome the economic crisis, which may get a peer process of deletion of zeros," adding that "the launch of coins project will take between four to five years and will be the launch of which categories of small coins gradually." So after reading this article above it is telling us they intend also to use the coins to supplement the paper currency along with the newer paper lower denoms they are about to issue to the general public. Also the coins will supplement the larger 3 zero notes too since there is a $10,000 coins. So you see we get back to the same theme. That of deleting the older, original 3 zero notes out of circulation from their paper currency inventory and to do it on conjunction with a revaluation of some kind. They must secure these 3 zero notes for the future international inter-banking transactions first. This was the plan all along to use them. Now how can they complete this effort of deletion of the zeros unless they also collect our currency (the older, original notes) from outside of Iraq? There is a risk that someday terrorists can use this older, original currency we have but only outside of Iraq since it will be worthless inside Iraq. So they will want to collect as much of our dinar as possible once the RV happens…and do it quickly. Maybe we were never intended to own such quantities of this currency as average citizens outside of Iraq. It all could have been stopped, blocked very easily through customs and it was not. The serge of dinar holders increased dramatically over the last 4 years outside of Iraq but still the average dinar holder has less than a million dinar. There is a reason why they (meaning country you live in) are letting you possess this currency. Two of these reasons I will explain. 1)countries like the USA and China will get oil credits from Iraq (discounted oil prices) for turning in these older, original notes as a bonus for assisting in collecting them for the CBI. This arrangement was made in 2008-2009. 2)many countries all over the world have been seeded with the Iraq dinar as part of their reserve currency portfolio. When the value increases so does the value of their reserves, thus so may the value of their currency. This is plan part of the Global Financial Reform (GFR) an IMF term for a plan to reform and standardize the financial structure and banking practices between nations. There is no such thing as a Global Currency Reform (GCR). This term was misunderstood many years ago by these know it all “gurus”. Thus the rumors began. The hope is that these measures will prevent one country (or a few countries) from taking down the world’s economy. The plan is to eventually district the planet into financial zones so when financial downturns occur the impact will be limited to that district or zone that caused it. It is like damage control versus prevention. You see, what was so bad about the 2008 collapse (and why it is taking so long to rebound) is because it was so wide spread and effected almost ever financial and monetary sector on the planet. Every country was so interconnected financially in the markets and financial products. By seeding Iraq dinar in many of the hurting countries it was hoped they can kick start the economies of these countries when the revaluation happens. Still the IQD revaluation is only a band-aid not a permanent fix. Some are saying a slow revaluation of the IQD would be best and putting the currency on a free market float. Others say that they need a sudden and quick high rate (reinstatement plus 20% equity). I believe it will be a bit of both when it happens. I am saying this because this is what I have been told when I asked my CBI contact. Summary So today I send you an update of the latest news I am hearing. It is just where we want to be at this time. In fact there is an excellent window of opportunity to see the RV in the coming days, not weeks. As I have said in my previous news letter, we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it. I hope I helped you understand why the CBI is taking such a long time in rolling out this RV. I have had many long conversations with my CBI contact since my last news letter and he talked about some of the programs they have instituted to assist in fighting current and future counterfeiting and financial corruption. He also gave me some insight as to collecting the older, original 3 zero notes and why it is imperative to get them too out of circulation and do it quickly once the RV happens. I see that we have passed the Oct 31st target for completion of this RV process as I am hearing now the new target is the mid Nov timeframe. This is only about a week away and so I would not worry. Even if they make us wait till early 2015, it is all still worth the wait. I feel like a kid looking at my gifts under the Christmas tree with great anticipation of the treat the lays ahead. Then when can we expect the RV? I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV. Peace and Luv To Ya All, Mnt Goat I tried to delete the Chatter in the beginning of the letter, but it wouldn't let me...Sorry...! RON
  19. Mnt Goat Friday Update Post - "Seating The Remaining Ministers" Part 1 of 2 - 09/12/2014 UU9416 - “Seating The Remaining Ministers” by Mnt Goat Hi Everyone, It is almost Autumn here in Germany. As I watch the trees begin to turn bright colors I began to dream already of the cooler days ahead. There are some wonderful fall time hikes up in the Alpines. We watch the earth change and begin its hibernation slowly and see the changes now already beginning.It won't be long before we begin to see the white dusting on the mountain tops. This year we are going to the Munich Oktoberfest once again for some fun. Last year the kinder were finally old enough and so we enjoyed the time. Just the train ride to the city is fun too. Meine Kinder enjoy the costume parade coming on Sunday and Meine Hubby the beer (of course. My favorite is the gigantic pretzels and just being around fun people. So we are all excited. I certainly wish all you fine dinarians could meet us there and we could all celebrate something together as comrades this year. Do you know what this might be? I come to you today to give you a recent update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my news letter of 9/10 (LINK) as this news letter is a continuation of this news. Today’s News Today is Friday 9/12 and so far this week we witnessed the announcement of the ”fully” formed government of Iraq. At least this is what we were told. It seems now ages ago they made this announcement. If you read the my news letter going back to Sunday 09/07 (LINK) I mentioned that even as Sunday was rolling around Abadi was still struggling to get all the proper ministers seated. At this time I told you then they fully intended to vote in Monday’s session and do it late in the day. Abadi had until midnight Sunday to submit his list of candidates to leader Jubouri for consideration. They needed to meet their constitutional deadline of 9/9 to have the govt fully formed. How were they do this since many of the ministers were still under debate? Time had ran out. So they now were attempting to find a way to do it legally without actually having all the "final" ministers in place. I talked about the possibility of going down the path of a “de facto” govt. This is what I was told from my government source in Iraq at the time. The most important issues as to why they really, really needed to meet this deadline of 9/9 were to: 1) meet the constitutional deadline; 2) getting Abadi seated as the permanent minister from the designated minister (getting rid of Maliki out of the minister seat ) 3) NATO and USA needed them to have a seated govt formed so they could begin work on ISIS. This new coalition could not support a terrorist government. What does this tell you about the Maliki government? What is the fate of Maliki? We will cover this in more detail too in future news. This is not yet over.....hint...hint... So if you were in Abadi's shoes what would you do to meet all these requirements? I will tell you what he did. So this is what they did. It was a brilliant move by Abadi. The final outcome was that Abadi submitted his cabinet list to Jubouri on time. Parliament then voted and seated many of the ministers, vice presidents and deputies. However in the voting process 6 of the ministers did not get confirmed (get the quorum needed). So to get around this Abadi can legally leave them in as proxy ministers much like Maliki did in 2010. But unlike with Maliki, Abide will adhere to a constitutional criteria that then gives him 7 days to resubmit new candidates for consideration again for confirmation. The process is all legal as long as he submits his candidates within this new timeline. So he now has 7 days according to the constitution to replace these ministers with ones that parliament will confirm. Actually one of the ministers resigned and said he did not want the job, but you get my point. The process is the same. The two most critical ministers are the Defense and Interior minister positions. These two positions remained as proxy ministers throughout the 2010-2014 administration of Maliki. If you have been following my news letters all along you know why he did this. Anyhow -the PTB are not going to let this happen again. They will not let this currency reform complete unless these ministers postions have permanent, well suited candidates seated. Many are telling you it is only two ministers but I know for a fact it is 6 ministers they are dealing with Will they (can they) complete this by next Tuesday 9/16? Technically they did announced the “fully” formed government of Iraq on 9/9 so where is the RV announcement? Let’s now go back a requirement for the RV going international. All together now – lets say it all together- Begin Quotes “Then when can we expect the RV? All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed.” End Quotes Have I been saying this all along? Can I be more clear? I am getting emails pouring in on this topic. So I need to address this and help you understand. Most of you don’t know about these 6 proxy ministers and so I can understand the level of your frustration. Many are worried and can’t figure out why they will not pop the RV by now. They feel this way since they have been lead to believe that it was going to happen immediately after the government was fully seated. But its not fully seated and that’s my point! Many intel providers/reporters are confused and tell stories as to why the RV has not yet happened. They are simply paddling up stream. They need to do this so they don’t lose credibility and you keep clicking on their site or dialing into their conference calls. They are making millions in profits by giving out this false/phoney information to you. They tell you they are not making a dime but we know better. They then ask you to donate to their site too so they don’t even have to dip into their profits to pay for it. They do this when they know very little as to what is really going on. They must tell you something. Some are telling you there are only the 2 ministers and they already have them confirmed and taken care of. Really? We are now just waiting again? Always waiting for some mysterious reason? What about all the other issues too in Iraq including the CBI corruption, judicial and economic reforms they are proposing? Do you think these might have something also to do with why we have not yet seen the RV? Oh no ! - they say....has no impact on the RV...they why are we waiting still then...? They tell you it’s all a matter of timing. Gotta laugh at this one ..lol…How many times have we heard this one. How many times must we hear it as it is a catch all excuse for I don't really know. Or they are telling you they wanted to wait 72 hours for things to “cool down”…..I swear they just make up this stuff and it’s all very funny…and foolish....lol… When are we going to take this matter into our own hands and stop listening to this stuff? This is now why I come to you today and write these news letters. I amm frustrated. I try to clarify it for you. I stress that I am not a know-it-all guru and infact I even hate that term but I only come openly and freely to at least help sort it out and be real with you. I try to help ask the right questions. These questions you should be asking yourself rather than just being "spoon fed". Their are many that don't like my technigue and my news letters and wish that I would just go away. LOTS OF GOAT BASHING OUT THERE. But a goat has thick skin and so don't worry I have no plans to go away. My intel tips their little apple cart and their profits are hurting each time their intel is challenged. My info is all 100% FREE, no charge, no donations. no site, no conference calls. I do provide sometimes a bit controvercial view points and really try to tell it like it is since I can do this with autonomy. ---------------------------------------------------------------------------------------------- Mnt Goat Friday Update Post - "Seating The Remaining Ministers" Part 2 of 2 - 09/12/2014 As I said many times before no one knows fully what is happening. I only try to act responsibly and tell you what my contacts are telling me, if it makes it through the filter of my common sense and relates to the current info maybe to what I heard 2 days ago or evena month ago. If it sounds like garbage and makes no sense I am smart enough not to pass it on to you. Now who does that make sense to? – all of us ! So moving on. There may also be some economic reforms too that need to get passed and implemented but lets address the announcement of the “fully” seated govt in this news letter since this now seems the major part of everyone’s concerns now. I began to address the other part in my last news letter dated 9/10 and will address in more details in coming news letters. So when will they have these 6 ministers seated? They have until Tuesday 9/16 to send a new list of the 6 ministers back to parliament to get re-confirmed. This may not make headlines in the news media since they need to keep this very quite This is something to watch for. But where are they going to get these ministers from? Did you notice the next day after their announcement of a fully formed govt was made last Monday they announced that they would not divulge the complete list of the cabinet until 9/16 next Tuesday. Why? You now know why they did this. I am trying to tell you. Because they needed time to work out the other 6 ministers and get the right people seated in these positions that are best suited for the job. So here comes catch22. Where are all these experienced politicians going to come from to fill these vacancies? They are sitting in jail of course! Where are most of the honest and good people in Iraq these days? In jail! Maliki of course was instrumental in putting then there as he convinced the US Army way back in 2003-2006 to lock them up for terrorist activities. He did this to eliminate any political rivalries and to safe guard his own power. He was slick. But this has been the problem all along with this government. There has not been many honest and qualified politicians to run it. We know the story so I will not dwell in it again. So how do you get these guys out of jail? The secret is in the full implementation of the Amnesty law. Maliki refused to fully implement this law and we all know why. They need to implement the Amnesty law and free these political prisoners cause these guys are needed to run the government. This had to happen prior to any RV. Now we know why we have been saying this all along. Get the connection now? Are the pieces to the puzzle falling in place? So what is the hot news of this week? Of course it’s the Amnesty law ! Literally right after the elections are supposedly over this issue pops up again in the news. Why? Nothing happens by coincidence ! Iraq then announced that the Amnesty law is being reviewed by parliament and is expected to be fully implemented this week. Gee Wiz I wonder why? Yes – these prisoners are finally going to be let free. Iraq will finally get back the body of competent politicians they need to run the government. Many of these guys will be seated and these remaining 6 proxy positions and will become permanent ministers. We can then expect that on 9/16 or around that time they will publish the list of Abadi’s cabinet ministers. Then it will be final. One step closer to RV time. CBI Update In the meantime Abadi’s new government is also working hard to investigate the CBI scandal and get Dr. Shabibi (and his staff) back at the helm of the CBI. I talked about this too in my last news letter. Dr. Shabibi will complete the currency reform project. I have gotten this news from many very good sources and I totally believe these sources. I talked in more detail about this scandal in my last news letter. This current situation (recent changes in the governor) with the CBI is going to change and has to in order to see the completion of the currency reform project. Let’s see what happens. It was never Dr. Shabibi’s intent to stay working for the CBI forever. He wants to retire. He had a mandate to run the CBI for a period of time. His mandate included many items some where- build up the reserves, help institute new banking laws, regulate the banks, and to launch the currency reform project at the end of it all. He was to bring Iraq back into the global partnership with the financial world. This was to occur in a much bigger way then ever before for Iraq and not just to “restore” to pre-war era but to advance Iraq fully into the 21st century. It would have to do this to compete in the current global financial arena. Did you hear me? I said “global” financial arena. Summary So today’s news is all very good news again. We can now see a reason why we still wait for the RV to occur. I am not saying it is the only reason but either way we are still extremely close to Iraq getting back their currency to the international status it deserves. Let’s take one reason at a time as I am attempting to do so in my news letters as I kick the can down the road in this continuing saga. We can see now 3 topics we will be discussing in much more detail in my future news letters and these are: 1) economic reforms 2) CBI reform 3) judicial reforms Abadi had announced on Monday that Iraq had a “fully” seated government and formally announced it to the world. But were they actually “fully” seated in the terms needed to meet all the requirements for currency reform? We know now there was some hanky panky going on with these ministers to satisfy NATO and the USA so they will get the support needed to fight ISIS. It was all legal. This was more of a show to USA Congress and the citizens of USA and other coalition countries that Iraq is serious about forming a new government (in the terms needed). So now we wait once again for Tuesday 9/16 to roll around see what will happen. Abadi now had 7 days from last Monday 9/9 to submit a list of the 6 replacement ministers that can become permanently confirmed and seated ministers. Then on or around Tuesday 9/16 we expect a final list of the completed cabinet to be published. Something to watch for. We also know there is a question of the Amnesty law finally being fully implemented and we now know of two instances where this has now become an immediate necessity: 1) to free political prisoners so they can be used to run the new government and 2) to free CBI staff and Dr. Shabibi and allow the continuation of the currency reform project. We also know there are other factors too that may effect the coming RV as I have mentioned them in my 9/10 news letter and will not address them again today. Please go back and read it. Then when can we expect the RV? All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed. Peace and Luv To Ya All, Mnt Goat
  20. Mnt Goat Wednesday Morning Update - “The Next Move” - 09/10/2014 UU055 - “The Next Move” by Mnt Goat Hi Everyone, I come to you today to give you a recent update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Today’s News Today is Wednesday 9/10 and so far this week we witnessed the announcement of the ”fully” formed government of Iraq. Hurry and CONGRATULATIONS for Iraq ! It was a long way to the finish line. Did I not tell you to relax and enjoy your weekend and wait till Monday? All this hype about over the weekend about the RV taking place was once again rumors and hyped up by the same old people. Do you ever get tired of this hype? My sources told me by Thursday Abadi had already made a decision then it was just not going to happen until the next parliamentary session on Monday. The agenda for the session was already written and it was not even scheduled for a vote until Monday night, Iraqi time. They still had many disputes on the candidates and the demands. At this time it was still sketchy whether they would even have to go with plan B, the de facto government. So what can we expect next? First I want to I never said that the RV would happen instantaneously as the announcement was made of the fully government. So if this is what you truly expected you are wrong. The PTB are looking for stability in Iraq meaning a secure Iraq and a stable government that can run the country and ensure the treasures of Iraq are not plundered (as we have seen over the last 8 years, especially the last 4 years with the Maliki GOI). There are also issues now with CBI that must be dealt with as I will explain later on in detail some the recent happenings. They also need a secure Iraq and until June this may have been the case but ISIS since has proved them wrong. So now these become an issues. This all must be taken care of to some degree prior to letting the currency go global. There is no check list of events and so don’t look for one. We will never know the full extent of just how far this all needs to go prior completing the currency reform. But what we can do is watch the progress of the political, economic and security factors and be aware of the economic reforms and what is taking place day by day to give a clue as to just how close they are. The Abadi administration now seems to be putting in place an excellent foundation for a functional government and once completed this will ensure that the reforms needed and security issues will be taken care of. So this first step is now completed- getting the new government seated. Actually there is a second step too he already addressed. This second step is that he also already addressed the reasons why they had non-participation in the previous government and could never get anything done. He has accomplished this by getting a buy-in from each ministers and on a list of 27 reforms/demands. Remember I talked about the 17 demands in my last news letters? Well since then they worked out this plan and finalized it to now 27. You will see lists floating around on the internet so I will not list them here. But if you look at them many of them are about economic reform, banking and we can see these reforms will lead us to completing the currency reform project. If you look at the timelines most of these important economic reforms have a 1 month completion period. The farthest out timeline is only 6 months. Then all the demands will be completed. This brings Iraq to the beginning of 2015. Is it coincidental these dates line up too with the start up period for the millennium plan for development of this region? Could the military coalition plan too in dealing with ISIS now also line up nicely with this same time period? I also said that I strongly felt we would see Dr Shabibi come back to the CBI and head the completion of this currency reform project. I will talk more about this later in this news letter and how this impacts our RV. So next this new Iraqi administration must review the budget and make any necessary changes to coincide with the reforms all recently agreed upon. Then it goes to parliament for readings and a final vote. We know this is being fact tracked. We know too this budget is to be based off a realistic rate for the Iraq dinar and a currency that must go international (with the revalued rate) to comply. Remember what I said months ago? The budget depends on the currency reform project being completed and not the other way. So this list of 27 reforms basically is nothing more than cleaning up the mess left behind from the Maliki GOI. Laws and projects neglected. It is essentially the Erbil agreement of 2009-2010. Once they get all this done they will be status quo once again and moving ahead, as this was all supposed to already have been taken care of in the last administration. We know Maliki GOI was too busy finding ways to steal money and take care of political rivals than running the government. There was a 5 year plan for Iraq launched in 2010 and unfortunately much of the plan has still to be implemented. I am not saying all of it must be implemented first prior to the RV but many items depend on the revalued currency too. Remember Dr. Shabibi was well on his way to revaluing the currency back in 2012 when the project was stopped. The project to reform the currency goes hand and hand with these reforms. It was stopped because the progress in the government stopped. This happened at about in mid year 2012, as Maliki went on his binge of corruption. Many of the projects simply came to a halt. CBI Update Of course the CBI is near and dear to everyone since many believe it has a lot of influence in assisting with the economic reforms, as least many of us think this is the case. In reality you should think about the CBI like a CPA firm, hired to keep the books and make sure the wealth of the country is safe guarded and is properly distributed from the treasury to fund legal projects (Iraqi reserves). They also assist in the best banking practices but it is the Finance ministry that must take the lead in this area too. So when it comes to bringing their currency back online it is more the task of the ministry of Finance rather than the CBI. Our focus should be there too. The CBI works through the Finance ministry but there is a fine line as to who they really work for. For instance if you hired a CPA to do your accounting you surely would not dictate to them financial regulations and legal book keeping practices would you? Since this is not your job as the owner of the wealth you would want to trust your CPA in these matters. So the GOI (the owner of the wealth) has no business telling the CBI (the keeper of the wealth) how to run its business. However under Dr Shabibi, the CBI did agree to work closely with the Finance ministry but was more of a matter of courtesy and respect for Iraq GOI rather than a mandated policy. When the GOI pressured the CBI in 2012 to circumvent sound financial practices Dr Shabibi had to enforce the CBI policy and refuse many of the demands of the Maliki GOI to dip into the reserve funds without parliament approval. Iraq has the highest reserves of any nation on the planet is virtually a debt free nation. This is all owed to Dr. Shabibi’s work. So why would they not want him in charge of the CBI? Does all this make sense so far? If not go back and re-read these last couple paragraphs because what I am about to tell you next is very important to the RV and concerns this topic. The major influence of al-Maliki on the central bank began in October 2012 and since then he has managed to control the cash reserves, which the CBI saw many violations outside the terms of the country's public budgets and policy of the CBI. The Maliki government then launched a media campaign that lacked professionalism and credibility to the leadership of the central bank, sparked outrage and ridicule and financial experts, bankers and professional circles and Iraqi cultural. The outcome of the smear campaign resulting in the dismissal of Shabibi and the appointment of the President of the BSA at the time the acting governor Abdel Basset Turki, in what was considered a breach of the most important principles of statutory audit, thus conflict of interest. Turki should have know better too since he still held the lead auditors position. Is this not a conflict of interest? So just before the recent announcement of the fully formed government (thus Maliki loses all power as the caretaker PM) he once again made a move on the CBI. Turki announced his retirement (was this coincidental?) and Maliki appointed a second governor, Alak to head the CBI. In the same timeline the judiciary issued a 7-year prison sentence against the former central bank governor Sinan al-Shabibi, who was sacked by Maliki the end of 2012 and replaced by Truki. So we have to ask ourselves - Just what is going on here? What is legal and what is not. What about Due Process for Shabibi? No one really knows Maliki true intentions but we do know he has his sights still on the money in the CBI. We know he now he has one of the three vice presidential positions with the new government. Alak now acting head of the CBI is totally unqualified for this role but he is a Maliki goon and so Maliki placed one of his own at the helm of the CBI once again. Now let me tell you what is going to happen next. - This is where the story gets real good. It is not hard to see that the recent happenings around the CBI and what happened o Dr Shabibi are all not all legal and very improper in a democracy never mind conflict of interests with the CBI. So why does someone not jump in and do something about it? I will tell you something. This is not my prediction as it is going to be factual for all to see in the very near future. Alak will get sacked very shortly and Dr Shabibi will be back and appointed again as the head of the CBI. This is not a prediction this is fact. Until we see this happen do not expect any completion of the currency reform project. It will only be completed by Dr. Shabibi when his is fully seated at the helm of the CBI once again. So this is one factor to watch for. This week we already have head talk of a full acquittal of any changes of corruption by the past GOI for the accused members of the CBI staff and Dr. Shabibi. So this move is already taking shape as I write this news letter today. His 2012 staff is to be granted full amnesty and released from prison. They are also going to squeal like a little piggy about all the past GOI corruption and what really happened in late 2012 leading up to the recent changeover. So you see it is being dealt with and the changes are coming. Be patient. Fate of Maliki There is a reason they allowed Maliki take one of the vice president seats under Masoum. First it was part of a deal that he relinquish his candidacy for prime minister. I do not yet have all the details and I may be premature in telling you readers this tidbit of information, so stay tuned. But this is what I know so far. There are very strong indications Maliki is being set up once again and will not make it through the entire 4 years of this administration as one of the vice presidents. Even his newly found amnesty as a vice president will not save him. Committing treason is a criminal act that is immediately punishable by law in Iraq and no level of amnesty can save you.,,,hint..hint. Do you see what is coming next for Maliki? I believe they also so not want to let him out of their sights. They already have banded his ability (and all his goons) to travel outside the boarders of Iraq. Who is the main player in this game? All I will say for now is this. Remember Taraq al-Hashimi? Remember too this saying - What goes around comes around? Remember too his parting words when he had to escape to Turkey in exile when accused of a hand gun violation? Of course he was setup. He told Maliki he would return and he would regret the day he did this to him. Like the 7 year jail sentence placed on Dr. Shabibi he too was sentenced to death 3 times over without any due process. Summary So today’s news is all very good news. We can see they are really pushing forward quickly. The new government of Iraq is now fully seated and formally announced to the world. So now what other requirements are necessary to give us the currency revaluation? Well we now know one issue is that they must first settle once and for all in getting the fox out of the hen house…lol…. ( I mean getting the CBI governor situation corrected) and the release of Shabibi’s CBI staff from prison. We know there is now a Unity Plan for Iraq with 27 reforms/demands and everyone in the new administration has gotten onboard or they got eliminated as a candidate for any of the cabinet positions. Excellent move on Abadi’s part ! We know that the farthest out date for completion of any item on the plan is 6 months with many of the economic items on the plan taking only 1 month to complete. There is still lots of cleanup on corruption in many of the ministries. This is ongoing as the new ministers begin their work. There is still the issue of getting ISIS out of Iraq and securing the boarders of Iraq. Just how far they need to go on this security issue is subjective. But I can imagine it may hinge on what happens next in the coalition’s plans for fighting DAASH and ISIS in Syria. We know the new government is digging right into this new budget and we know that it can not be opened and spent without some currency reforms taking place first. There are also other financial and banking reforms too on the list needing a global currency example huge plans for the banking and e-commerce effort (also an item on the list of 27 demands) . So a word of caution on anyone telling you once again it’s going to RV tonight or everyday. I wish they would simply stop this nonsense Of course anything is possible, however if you just follow the progress of Iraq in the direction I have laid out in this news letter you will see there is still some progress needed. So to save much of your time, pain, anxiety and worrying about when you will be able to “go to the bank”, instead use your time wisely. Read, listen to the news and inform yourself. The articles are factual and you should be able by now ignore the ones that are nonsense. The RV is coming and it won’t be long. It is not all that hard to see we are very close. Peace and Luv To Ya All, Mnt Goat
  21. Special KTFA CC Sunday Night with Frank26, Delta, and Eagle1: 09/07/2014 Notes by BulldogFord65 / IQD update Delta joined the call • In Frank’s opinion , the govt will be seated on Sept 10 • Delta said that Abadi has taken charge, he is working with the various coalitions in Iraq, unfortunately some coalitions have tried to take advantage of the situation • The nomination for defense minister was red-flagged by the USA, so they had nominate another person • Iraqia TV is saying the parliament will vote on the new GOI at 8 pm Monday (Iraq time); could be voted on Tuesday morning; however the USA is pushing hard for the gov’t to be formed and confidence vote very soon .... • Information from the World Bank indicates that seating of this new GOI is very important for seeing our blessing, in Delta’s opinion • The remainder of the nominations should be submitted in a few hours (Monday morning in Iraq); there is no indication of delays at this time, so it’s expected to see the confidence vote on Monday night or Tuesday morning • Sistani (religious leader) has pressed behind closed doors that M must go • The situation with Daash and ISIS is much improved, they are in retreat, and a top leader of ISIS was killed; several countries in the ME are cooperating to help eliminate Daash and ISIS; Delta stated he has never seen any country in the ME ever receive global support – is it because everyone loves Iraq? No, it’s about money, and they do not want Iraq to fail, so all are cooperating, both in and outside of the ME, to rid Daash and ISIS and to support and help Iraq succeed • Frank’s opinion that the Marshall plan to rebuild Germany and Japan after WWII does not compare to what the USA and other nations have poured into Iraq to rebuild them and help them succeed • Delta moved on to the CBI: Turki will be retired as governor, and then there will be an interim governor, however who is the governor is not really important to us at this time, in Delta’s opinion • The CBI has released the new 10K notes to replace the old, worn notes, not because of the RV • Qi cards are not ready yet, first generation card is being used, but the latest generation card is not released until there is an IR • ISX also waiting on the IR to go international • The World Bank has the power and will be the one to increase the rate of the IQD; Delta read an article from the WB stating the fact that the rate of the IQD will be increased, with the contingency that they must see stability in Iraq before they will give the green light • The opening of the Rafidain Bank signals that the rate is about to change, however the new GOI needs to be seated; per the article, ( See Article Below) the WB has the plan to raise the value of the IQD; this goes back to the beginning of Delta’s comments that no other country has ever been supported by all nations globally as Iraq has, which supports that all are working for stability in Iraq so that the value can be raised • Frank then read an article that the Rafidain Bank is advertising for merchants to accept their credit card and to subscribe to internet shopping; these things signal that an international rate is needed and imminent • The Rafidain Bank in London was closed 24 years ago – it has just been reopened – why?? Why now?? Again points to an international rate anticipated soon, in Frank and Delta’s opinion Eagle1 joined the call at this point • Frank invited E1 to talk about the GCR • Frank showed several newspapers and read the headlines: “India seeks to lift the neo middle class” and “India’s appetite for gold increases” these speak to the increased value of the IDR; “Vietnam seeks USA partnership” and “USD is winner with change in policies” speaks to increase in the value of the VND and USD • E1 stated that alerts have gone banks that deal with foreign currency exchange, and IQD is on their screens without any rate; notice to prepare for a change • E1 stated that he will write an in-dept article on bonds to explain • On Sept 13, Hebrew year of jubilee will begin; year of jubilee is when all debts are cancelled; E1’s opinion is that the GCR is the world’s reset, however if we do not change things in Washington DC, we will be right back in the same mess within a few years • E1’s opinion is that the stage is set for change in currency rates and debts to be paid • Frank stated that each person needs to seek their own financial counsel on how to manage money • Frank’s opinion is that our banks in the USA fear the government, and so many restrictions and regulations have been put on USA banks; Frank clearly stated to pay our taxes, it is our responsibility to pay what is legally owed, however as a steward of this blessing, we have a duty to legally maintain as much of this blessing as we can • A consideration is to look at foreign banks; again, all taxes which are legally owed must be paid and should be paid; it would be possible to deposit IQD and then exchange to USD as needed, however, each person invested in foreign currency must seek their own financial counsel and seek professional counsel on what is right for each person; what Frank is doing is for himself, and is not advice to anyone; Frank asked that everyone prepare, seek professional counsel, take it to God in prayer, and do what is right and best for you • Frank’s trip on Sept 10 has nothing to do with the IQD, he and Tink are attending a convention, please don’t read anything into it • Frank asked E1 and Delta their opinion on opening the budget when the new GOI is seated? E1’s opinion is absolutely the budget will be opened immediately; Delta stated that he’s really not concerned if the budget will be opened or not, he’s only looking for the IR to be released – recalling that the new fiscal year begins Oct 1, historically the IQD has revalued around Sept 22, so in Delta’s opinion, Sept looks solid for something to happen; also, articles have come out stating that people will be paid, salaries will be increased, and places that Daash and ISIS have destroyed will be rebuilt when the IQD increases in value, so in Delta’s opinion, within 2 weeks of the new GOI being seated is a very interesting time to watch for a rate • Frank observed that M would not do what the USA wanted, but notice that Abadi is doing everything requested; Frank is not saying they are puppets, rather they are cooperating with the USA; notice that even today, Finland has asked what they can do to help – why? It’s about the money • Frank said last Friday, 7 ministers were introduced, and they met with officials from the USA, and I Team was guarding them; sitting with Abadi and the ministers was Shabibi -- he was at this meeting; Abadi dismantled everything that M has done, and all of M’s accusations against S are false and will not be pursued; Shabibi is still in Iraq • Ghost had dinner with S last night; all is well • Delta said that banks are ready, all appears to be set and we watch and wait for the rate to come out on the CBI website • Franks opinion on the budget is that his only concern is the HCL; he’s still looking for a law, the fourth part of four is what is given to the citizens of Iraq; HCL is done, but it needs to be voted on • Frank asked Eagle1 to end the call with prayer, and Andy lifted the prayer with the shofar horn blast ********** DELTA » September 7th, 2014, 9:40 pm World Bank restructures Bank Rafidain and Rasheed for raising the value of Iraqi dinar Originally Posted: 24/03/2013 @ 12:39:47 Baghdad/Obelisk: counting the Minister of planning Ali Shukri, Sunday, the World Bank announced the launch of its plans to restructure the Government banks and Rafidain "the important step was awaiting Iraq to increase the value of the dinar". He said El shukrijumah for "the Obelisk", "the World Bank announced the launch of its plans to restructure the Rafidain Bank and Rasheed Bank government job step was awaiting Iraq", stating that "financial welcomed the Bank's move in this direction because this structure will ensure the country making the most of the two alkbert of human capacities and accumulated experience of staff and coordination of these capabilities." "The Finance Ministry stressed that these plans be guarantor for restoring Iraqi dinar to place economic value between foreign currency and this will be part of the plan, adding that" the banking sector generally suffer from laziness to consumer organizations are active in the financial sector the most popular movement in the economy in General. " He noted that the World Bank stressed to the Iraqi side that lifted the value of the Iraqi dinar should be among the priorities it needs political stability in the country before everything. " The Gulf war led to the declining value of the Iraqi dinar in an unprecedented manner, bringing the Iraqi dinar to 0.144 dollars resulting in crippling the banking sector until the year **********
  22. Mnt Goat Sunday Morning Update - “de facto government” - 09/07/2014 UU0450 - “de facto government” by Mnt Goat Hi Everyone, I come to you today to give you a recent update on the election process and how this relates towards the international rollout of the IQD for Iraq. Note: If you have not read my previous news letters from Friday 9/5 and Saturday 9/6, I encourage you to first read them. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. "Short and Sweet again..!" Today’s News Today is Sunday 9/7 and we still look forward to the final “formal” announcement of the fully formed government of Iraq. The good news is yesterday with pressure from the United States and NATO, Iraq had persuaded the political blocs to postpone the search to settle all the disputed demands until after the formation of the government, which awaits the international community. Do you remember these 17 demands? I talked about them in my last couple news letters. These now continue to play a major role in the hold-up in getting this government fully formed. The importance and seriousness of action to respond to the demands of the six provinces will open new horizons of reconciliation and reform, however with the time deadline fast approaching this simply can not be fully resolved in time. This is all a matter still of trust. I have listed some of these demands (the more critical ones) in my 9/4 news letter. If you read to my 9/4 news letter you will see that the options I then presented talked about whether the blocs wanted to take the path of most resistance or least resistance in getting these demands resolved in relation to getting the government formed. Here are the 3 possible scenarios that I presented on 9/4: 1) Will they actually make the announcement of the fully formed gov’t once the voting is final? This should happen today. 2) Or will they delay telling us the results of the voting until all 17 demands are first met? 3) Or did they once again compromise and are now allowing the new government to be announced, trusting that they will meet these demands (or some of these demands) at a later date? It appears that they are being stubborn in that option #2, the path of most resistance, is being used. Over this past 2 weeks they have demanded that all critical demands be met prior to the final formation of the government. So what came first the chicken or the egg? All the news we have been hearing as of lately about the blocs not sending appropriate candidates to Abadi for consideration is just leverage. This is all a political posturing in that the leaders of the blocs are using this as leverage to prevent the formation of the government from going any further until they get what they want. Plain and simple ! Is this difficult to understand? Once the demands are met this government will be able to move forward again. However this is not going to happen in time for Tuesday’s 9/9 constitutional deadline. So this was the bad news. Now let me tell you the compromise (the hope) that has just been told me by my contact in Iraq. NATO especially needs the new Iraqi government in order to lay the foundations of their support in the fight of the organization of the Islamic State "Daash" and they need it like yesterday. NATO recently voted on Thursday in favor of the coalition, united now many countries in this effort. My source pointed out that Abadi has intensified its contacts and continued closed-door meetings and individually during the last few hours with the parties in the Shiite coalition to end their differences over the distribution of ministerial portfolios (in reality this is all about the demands being met). Some politicians and blocs accused Abadi of exploiting the time factor to impose some conditions and hurry the process along. Abadi stressed in a press statement released today in Iraq that he "will not accept any conditions that are unconstitutional" attributing the reasons for the delays are not his fault in the first place. In that late submission of the cabinet candidates and the insistence of some of the blocks on offering candidates that do not meet the required experience and integrity are at the root of the delay. (but in reality we know differently…. don’t we?) So where do they go from here? I also learned that to help solve this deadlock and get some form of government in place by Tuesday, the political blocs are to postpone the search to settle all the disputed demands until after the formation of the government, which awaits the international community. I guess they chose option #3 after all, much like they did in the 2010 election. Once again they had to compromise and are now allowing the new government to be announced, trusting that they will meet these demands (or some of these demands) at a later date. Will these issues ever be settled? I believe they will as I am told this is a mandate now with the new government much like the Erbil agreement of 2010. There are times set to address these issues as priorities in parliament shortly after the announce of the new government. I believe this new government will address these issues, unlike the Maliki GOI. When will they announce the new government? They will vote on the minister line-up on Monday and then make the announcement. Meanwhile they will continue through Sunday to negotiate with all the blocs as they are now sending over more appropriate candidates to Abadi for consideration for the remaining contested ministries. Post Announcement The American Secretary of State, John Kerry will visit Baghdad after the announcement of the new government to hold talks with Abadi to discuss the formation of an alliance to fight al "Daash" not only in Iraq and Syria only, but each area where they are found. This sounds to me they are going after these guys no matter where they are. President Barack Obama said last Thursday, "there must be a complete and competent Iraqi government and we continue to press to make it happen. He also said the possibility that Iraqi forces will be more effective, as a result. Summary So today’s news is a mixed bag of disappointment and hope. We can see they really, really want and need to have the announcement of some similarity to a fully formed government on Monday. This government must be operational and stable even if it is not “fully complete in the full context of the Iraq constitution and is a de facto government. But will it really be “fully” formed in this upcoming announcement in the context of requirements necessary to give us the currency revaluation too? They are ready to implement this de facto government. It is legal and they can do it. They do not want to use it and are trying to avoid it. The option is being worked out in case they must go forward anyhow and can not get all the ministers seated. The critical ministers like the Foreign Affairs, Security and Defense ministers are all done as well as the 3 vice presidents. How can they do this? The blocs will not allow a complete government until all the demands are met. So I am not sure fully how they intend to handle this. One way I am hearing from my source is that the government will move from the Maliki provisional government to the permanent de facto government. This is the most important issue before they start sending weapons and staging equipment. They do not want it in the wrong hands of the Maliki GOI. But it sounds like being in a de facto status they plan to exercise its power and serve its functions from what ministers they do have sworn in by Monday if they can not get the “full” government done on time. If they plan to call this de facto a “fully” formed government this will be without being legally or officially established in the full context of their constitution since there will still be ministers (less critical ones) not yet seated. Having said all this I now need to add this could all change by Monday. It could change since they still have today, Sunday, to push ahead to try to get all the ministers selected. They need to do this prior to the next parliamentary session on Monday. They definitely will not meet all the 17 demands but at least they might not have to use a de facto mode of government, thus the RV may still definitely be in play. As I explained in my recent past news letters, we should not have expected any announcements until these demands are settled or they come up with a palatable solution to address then, and this is exactly what is trying to be worked out. Then when can we expect the RV? The big questions now are – 1. How does this “de facto” government effect the RV from happening? 2. Will they hold off now on the RV due to not officially having a “fully” seated government and instead working out of a de facto government? 3. How long do they plan to work out of the de facto government? Do they need the RV as part of the effort to quiet down the citizens as they prepare to spearhead the effort against DAASH and ISIS? I based my info solely on what my Iraq contact close to the government has told me today and it seems more accurate information is now flowing my way. Remember no one knows it all since the politics are crazy in this election and this is a very dynamic and fluid situation. I am still being told the RV will occur just prior to or just after the announcement of the “fully” formed government. The CBI is ready and all the pieces are in play. Peace and Luv To Ya All, Mnt Goat
  23. Short Saturday Afternoon Update from Mnt Goat - 09/06/2014 UU0448 - “Quick Update” by Mnt Goat Hi Everyone, I come to you today to give you a recent update on the election process and how this relates towards the international rollout of the IQD for Iraq. Note: If you have not read my previous news letter from Friday 9/5, I encourage you to first read it. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Honestly I really tried once again to limit this news letter today to a page or two. Short and Sweet !  Today’s News Today is Saturday 9/6 and we still look forward to the final “formal” announcement of the fully formed government of Iraq. The good news today is more names for the ministerial cab of Haider Abadi, have been announced. In addition three of the candidate deputies for each of the President and the Cabinet have also been announced. The sources said that the three deputies of the president (or vice presidents) are, Osama al-Nujaifi, Iyad Allawi and Ahmad al-Chalabi. Too bad for Maliki…..lol…. Congradulations to Nujaifi, Chalabi and Allawi. This is a great line-up. My sources added that more of the ministers were announced including the following: But this is only 15 out of the 32 ministers announced so far. I expect the rest to be announced before end of day. This is all I could get from my contact today so far. Saleh al-Mutlaq for Services ministry Hoshyar Zebari and Ibrahim al-Jaafari, for the Foreign Affairs ministry Hadi al-Amiri for Security Affairs ministry Adel Abdul Mahdi for Oil ministry Jaber al-Jabri of the Interior ministry Qasim Dawood, for the Defense ministry Hussein al-Shahristani, for the higher Education ministry Baqir Jabr transport ministry Abdul-Hussein Abtan for Youth and Sports ministry Hassan Shuayrd for Educational ministry Salman al-Jumaili for Electricity ministry Falah Hassan Zidane for Agriculture ministry Mohammed Shiaa al-Sudani for Human Rights ministry Maysoon al-Damaloji for the Culture ministry The following is the short list published yesterday morning and sent out in my news lette. Compare it. Note the differences as some have been reshuffled, as Abadi has said they had to do. This has been part of the delay. Another reason being was that some objections on background and experience of the candidates and suspected and of also some candidates were in financial or administrative corruption. Ministry of Foreign Affairs - Ibrahim al-Jaafari (same, probably solid) Interior Ministry - Jaber al-Jabri (same, probably solid) Minister of Finance - Barham Salih (now currency under dispute….why?) Minister of the Environment - Qutaiba al-Jubouri (reshuffled) Ministry of Electricity - Salman al-Jumaili (same, probably solid) Minister of Agriculture - AWS Orfali (reshuffled) So what are the reasons for the delay? The sources indicated that the finance ministry is still contested by Rose Nuri Shaways and Barham Salih and this is the current hold-up. Also Abadi came out in a news conference today and stated “the atmosphere of the negotiation were not positive and overshadowed by competing partisan and the sectarian and ethnic and national spirit absent”. So it seems there are still many not onboard with the new administration. This is Abadi’s challenge in the next few days. Some politicians added comments in these meetings "the capital Baghdad and her belt is exposed to kidnappings and bargains financial and killing civilians and then throw their bodies in the streets, as well as exposure to car bombs," and urged the Union forces "not to vote on the next government if you do not include the General Amnesty Law in the government program. So they are still pushing for an immediate implementation of the Amnesty law. Will they get it? This would actually be a good thing since it might prevent or stop much of this senseless killings. Summary So yesterday, Friday, I explained that we should not expect any announcements and this is exactly what has happened. It was a holy day in Iraq and they were still having other issues with candidates. I based my info on my Iraq contact close to the government. I am told now there are still other remaining ministers still in dispute and this should be resolved today or tomorrow. I am told even if they do resolve this these ministers, speaker Al-Jubouri will hold off until Monday to take the vote of confidence on this new government. So relax and enjoy your weekend ! Then when can we expect the RV? All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have still not changed. Peace and Luv To Ya All, Mnt Goat
  24. Mnt Goat Friday Morning Update - “Confirmations On Saturday” - 09/05/2014 UU0448 - “Confirmations On Saturday” Hi Everyone, I come to you today to give you a recent update on the election process and how this relates towards the international rollout of the IQD for Iraq. Note: If you have not read my previous news letter from Thursday 9/4, I encourage you to first read it. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Honestly I really tried to limit this news letter today to a page or two just to give a very brief update for everyone. Today’s News Today is Friday 9/5 and we still look forward to the “formal” announcement of the fully formed government of Iraq. In my last news letter I gave you a background summary of events from recent weeks of what had transpired so far to get us where we are today in the election process. The progress is all moving forward very rapidly. Abadi managed to formulate what is called a “unity” document. I have learned this document contains guarantees for the 17 demands from the blocks and is essentially a road map for the next four years and what they need to accomplish. All have signed it and agreed. So we know that the names were submitted to parliament from Abadi. Parliament is supposed to hold an emergency session on Saturday to confirm the ministers, deputies, vice president and the new prime minister. They never scheduled it for today Friday, as some news articles are putting out. I do not know why the news media channels are publishing this information cause it simply is not true and was never scheduled to happen that way. Being that getting this government seated is so urgent then why did they not take the time today to vote on the ministers and complete this government? To answer his question you have to put on your middle eastern hat and pretend for a few minutes that you are living in Iraq. In many respects life is the same but in some aspect it is different and they think differently than we do. Today is Friday and it is a Moslem holy day much like our Sunday is in Europe and in the western side of the world. Do not expect much politics to be accomplished today. If you grew up in the USA and many parts of Europe prior to the 1970’s you too would have not worked on Sunday and would have taken time off for worship and to allow for recreation with friends and family. So too is it still strict in Iraq on this topic. This is all but lost in USA in many respects as many corporate workers are workaholics and are quickly losing that sense of family bonds and respect for spirit. Also there is a matter of waiting to get a quorum in parliament in order to hold the session. Parliament went on a short break and so they have to recall the members now to conduct the session. In my mind I ask why in h*ll would they allow the members to go on a break in this critical time of forming a government (and being so close now to the deadline of 9/9) ? One last note Be aware of false list of ministers and given lists of line ups for the government positions in the news media (i.e Maliki as a vice president) . This propaganda is running wild right now and it will get even more confusing real fast if you read and believe all you hear. So stay calm and cool. This is all about to end. Then when can we expect the RV? All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have still not changed. Peace and Luv To Ya All, Mnt Goat
  25. Mnt Goat Thurs. Afternoon Post - "A Critical Time Period" Part 1 of 2 - 09/04/2014 (Thank you George for emailing this to Recaps.) UU0448 - “A Critical Time Period” Hi Everyone, I come to you today to give you a recent update on the election process and how this relates towards the international rollout of the IQD for Iraq. Note: If you have not read my previous news letter from Wednesday 9/2 (LINK), I encourage you to first read it. Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Honestly I really tried to limit this news letter today to a few pages, but there is just so much news and in my attempt to organize it and relate it I have gone over the limit somewhat. Forgive me? Today’s News Today is Thursday 9/4 and we still look forward to the “formal” announcement of the fully formed government of Iraq. I would like to given you a background on events of what has transpired so far to eventually get them to the final announcement. Are you interested? Last Tuesday I had told you that there were still many ongoing meetings planned this week between the blocs, parties and secs concerning the formation of the new government. That the govt was not yet a “done deal” regardless of all the rumors you have been hearing. The major concern was all about trust. Trust in whether this new government led by the National Alliance would be the same as the Maliki government or would it finally give the country what it needed. There is a backlog of laws (a bucket of laws) in various stages that stalled and need full implementation. Many of these have been passed already but never implemented. Some are the continued saga of having been guaranteed by the constitution but neglected implementation for political reasons. Reasons mostly of sectarianism for the region or provinces to which they would most apply. Mostly Sunni and Kurd prejudices. In order to work on this trust issue, the designate prime minister Abadi proposed a meeting of reconciliation. This meeting was much like what was done in the 2010 election when Maliki went to Erbil and they eventually had to sign the Erbel agreement in order to announce the government. These laws I am referring to above evolved from this agreement. Maliki never implemented Erbil after 4 years. Back in 2010 he too had 30 days to implement Erbil once the government was announced. They trusted him to do this. (Just so you know the “designate” is not a full seated prime minister in Iraq election process until he fully seats his government. He has 30 days to do this once he is given the mandate by the new president). So as it applies now to the 2014 election, it also applied to the 2010 only back then they trusted Maliki would implement Erbil since he did sign the agreement. After all a man’s signature is his word…….isn’t it? So Malik neglected to seek parliament confirmations on some of ministers too since when he presented his list of ministers to president Talibani, there were ministers missing. They allowed him to announce a fully formed government even with the disputed ministers in question for the sake of holding the country together. There was still much turmoil and bombings going on. A situation Maliki seeked to recreate this too for this election process. We all have seen what he did with ISIS and continues to do with the bombings. (We have seen over the last 4 years why Maliki did this and how he used these proxy positions to his own political and personal gain. I have talked about this in many of my past news letters in more detail. I encourage you to go back and re-read them. ) So designate prime minister Abadi, during this new election year of 2014, is up against a huge trust factor from what happened in the 2010 legacy. Do they want to repeat that scenario? In Abadi’s first attempts to form his new government just after 8/11 he was met against stiff opposition by all the blocs, even by some from the National Alliance members. Some blocs even wanted to forgo the effort of forming the new government until a later date when ISIS was under control. This of course would have been playing right into the hands of the desires of Maliki. This would have only made the situation much worse since many of the young Iraqi Sunni men were joining ISIS as a last resort to forcibly make some political change in Iraq. This was all a brilliant move by Maliki but it simply was ignored and they moved forward despite all the frustrations and roadblocks Maliki threw at them. Then of course we know about the obstacle of him not resigning until forced to do so. Some even say he only finally capitulated with the threat of assassination. One of the first steps taken by Abadi then was to form committees. These committees would collect the demands and these parties. They had sessions and would meet regularly to discuss their demands and try to address them. These meeting took place for over a week. These meetings are now concluded. This list has been handed to speaker of the house Jubouri. From this meeting came a document listing some 17 demands. This is reminiscent of the Erbil agreement of 2010 and contains much of the same language only this time they are not going to trust the designate prime minister as he must first give them his demands then they will allow him to fully announce his new government. So in the summary Abadi can not take permanency in his position as prime minister unless he meets their demands. He has agreed to these demands and has sent them to parliament. Parliament has been working tirelessly in the background on these demands. Meanwhile he continues to work on the candidates for the ministries. This is now all done. So this is now where we stand on the progress of the new government. They are working hand-in-hand to get these laws passed (the 17 demands) while Abadi is piecing together his new cabinet and putting the final touches on it. Here is a list of some of these demands: ( do not expect anything new) • Kurdistan and other oil generatiing provinces want share of oil revenue as guaranteed by the Iraq constitution and to pay restitution for unpaid past amounts 17% - HCL implementation • Article 140 (heard this recently in the news and is to be finalized today) • Full implementation of the Provincial Council ( Federation Council)-already heard that Allawi is selected as candidate for presidency of this council. This is actually the third president the constitution is referring to. • Implementation of a National Guard system within the 6 provincial districts for more decentralization of security forces. New laws since the ISIS attacks and Maliki corrupt security forces in Anbar massacre. • Implementation of the Amnesty Law (anyone who has not spilled Iraq blood will be pardoned). Finally free these political prisoners or given them a fair trial • Passing of the Budget Law (if even a provisional budget for the remaining 2014) • Implementation of the Economic Reforms Project • Completion of the Currency Reform Project ( I luv this one….lol… • The Independence Judicial Law – making is illegal to have any political ties by any judges or members of the justice system. Stiff penalties are to be imposed. Today is Thursday and we were promised this would all be completed? But I am hearing it is not and here is the current progress on it so far: Prime Minister-designate Haider Abadi did given the cabinet list of names to the President of the House of Representatives Saleem al-Jubouri, pointing out that the announcement of the government will not go beyond next Saturday at the latest. He told us that the federal government is comprised of 32 ministerial portfolio, pointing out that the National Alliance will have 17 bag, what would be for the cord 7, and 8, the National Union of Forces Ministries. On Sky News it was revealed some of the candidates proposed line-up on the final list submitted to parliament today: Ministry of Foreign Affairs - Ibrahim al-Jaafari Interior Ministry - Jaber al-Jabri Minister of Finance - Barham Salih (very much pro-currency revaluation) Minister of the Environment - Qutaiba al-Jubouri Ministry of Electricity - Salman al-Jumaili Minister of Agriculture - AWS Orfali More news today - The MP, of the Kurdistan Alliance, Alla Talabani said that the Kurdish negotiators team will meet this afternoon (9/4) with representatives of Kurdish parties and the Kurdish lawmakers in Baghdad to brief them on the final version of what has been reached in negotiations to form the government. Talabani confirmed that "all the MPs and representatives of parliamentary blocs on high alert in preparation for a meeting to vote on the formation of the new government, which was presented by the assigned Prime Minister, Haider Abadi to the House of Representatives to vote within the next few hours." She explained that "there is considerable pressure to announce the new government today or tomorrow, Friday, and all MPs were directed not to travel to their home in their provinces or leave the capital until presented cabinet and to vote it." A source in the information department of the House of Representatives announced the possibility of holding an emergency evening session to vote on the next government. ----------------------------------------------------------------------------------------------------------------------------------------Part 2 Mnt Goat Thurs. Afternoon Post - "A Critical Time Period" Part 2 of 2 - 09/04/2014 More Rumors This week the propaganda machine was at work once again. No! Maliki is not going to be the next vice president. Does anyone actually think for one second they would allow this mad man back into the government? Are you nuts for even bringing such nonesense to any forum. It is obvious hype by Maliki supporters. Why do they keep doing this nonesense? Maybe hopeful but not reality. This article is almost not worth mentioning except that I wanted clarify for all the stubborn readers that still believe Maliki has a chance in partaking in this new government. Why would you want the evil at the helm once again. Do you think this will get your RV faster? So here is the truth. This is propaganda and is a phony article. We all should know better by now, shouldn’t we? So can we all finally put this rumor to rest? Here are a couple more creditable rumors – The sources confirmed that the leader of the National Coalition, Iyad Allawi will have the position of Vice President of the Republic, as it would be within the High Security Council, which will include three presidencies. Of course all this nonsense will be confirmed once the announcements are made. It also confirmed that Saleh al-Mutlaq and Osama Najafi will not be exluded from the political scene, and they have an important share in the presidents and ministers as deputies. Summary So today’s news is all excellent once again as we continue down the road of success for forming the new Iraq government. The news this week is once again overwhelming. Rumors are flying wild. Be careful on what you believe. THE ANNOUNCEMENT IS DELAYED BUT ON TARGET FOR COMPLETION NLT SATURDAY ! (and so we are now told) So this week the progress so far is - we got the list of the distribution of the ministers earlier in the week. Now we see Abadi sent the names of his minister team to parliament for a vote to confirm them. Remember ordinarily they would announce a fully formed government at the conclusion of this confirmation session. There are now a couple ways this can go. Since no one really knows let me propose a couple scenarios for us ongoing spectators to watch for: 1)Will they actually make the announcement of the fully formed gov’t once the voting is final? This should happen today. 2)Or will they delay telling us the results of the voting until all 17 demands are first met? 3)Or are they already all met and just waiting on the gov’t formation to catch up to it? 4)Or did they once again compromise as in 2010 and are now allowing the new government to be announced, trusting that they will meet these demands (or some of these demands)at a later date? I know for a fact the leaders of these blocs are using these demands as political leverage, the only leverage these poor people have over their government to ensure they are getting what the constitution says they should be getting. This all has been part of the long journey in forming this government. So just how will this all play out? The stage is now set for something significant to happen. We know parliament has been having meetings and sessions in the background all along and have been working hard on completing these demands. We know some of these demands have been sitting on the “bench” waiting for nothing but to be implemented. We know they may be having an emergency session of parliament today to confirm the cabinet. Why would they do all this in such a rush? We know that there are other meetings scheduled for today. The Bretton Woods meeting on speeding up the global currency reforms and the decision vote in NATO to support Iraq in its fight against ISIS. All of these decisions are dependent on having a fully formed government. Now do you also understand why Iraq is in warp speed to get these announcements? Can you now see why some are saying that when this government is finally announced there will be a “basket of laws” all at once that also will be announced? Now do you see why I have been harping for so long on the fact that the RV is connected with the “announcements”? No – is could not have happened every night or over the holiday weekend! How could it possibly? Do you see why the rollout process may be ready and finalized and they keep stopping the software at the crucial time just before the files go downstream to populate the exchanges and conclude the rollout? They need this final piece – the announcement of a fully formed government ! Also the RV must be done just prior to or just after since many of these laws are dependent on the revalued currency. By the way the revaluation of the currency is also one of their demands. Once again Iraq witnessed another tragedy and senseless loss of lives in the recent bombings in the mosque and the more recent Speicher base killings. We can see how this slowed the election process and caused delays. Was this intentionally orchestrated once again by Maliki to highjack the process and cause Abadi not to meet his 9/9 deadline in his mandate? We know what might happen to Abadi is he does not meet the mandate of 9/9. So I hope now that it is all much clearer to everyone now as to when we will see the RV and why I have been saying it will occur in conjunction with the announcement of the fully formed government? Of course what does a "fully formed" government mean? I tried to tell you in this news letter today. Does it all make sense to you now? There is always so much information I would like to tell everyone in my news letters that simply is not being told by anyone. As some have told me my news letters are too long already …lol….So my strategy to you has been to break it out and give you the pieces you need to know for now and when you need it. As I keep telling everyone there is a plan for rollout of the RV. The implementation may have changed somewhat but the requirements of the plan have not changed. Once I thought they might have but I can see now they are sticking strictly to the plan. I have confirmed this too with my contacts in Iraq, USA and the UN. Iraq of course does not like it since they would rather have had their RV back in 2012. Now this has been added to the list of the demands. The RV will not occur until all these demands are met. These demands are not new to the plan as most are basically the exact same as the Erbil agreement, just stalled from 2010 under the Maliki government. Now with this 2014 election process underway the people have some leverage and they are exerting this leverage on the National Alliance and the leaders in forming this new government. Then when can we expect the RV? All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed. Peace and Luv To Ya All, Mnt Goat
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