01 – TLAR & AGGIEDAD77 UPDATE, 21 FEB:
2-21-15 Tlar: Article quote: “Tariq Al-araji Iraqi Central Bank Governor disclosed the relationship to Sunday 22 of this month will see the discontinuation of the auction and the adoption of the banking system as a responsible foreign remittances, referring to direct a study shows the feasibility of deletion of the historic heart in this stage.”
No more remittances. No more auctions = RV. They cannot RV without introducing a new currency. Like I have been saying, this is the weekend and this is what we have waited for. In the bank’s words, “Sunday it all changes.”
I feel pretty sure this is what we have been waiting for. No more auctions is great but no more remittances is even better. That means the banks will be doing wiring and such using the new swift codes. Everybody relax. It isn’t over until it is over. We should know if this is it by Monday.
2-21-15 aggiedad77: Good Morning Family…..am starting to work on news summaries but wanted to get this out…..something that I picked up on this morning and can’t believe we missed it last night and today……
All the news articles that WS has posted about the change in the CBI mechanism…..all of them included this little blurb….”coupled with certain conditions cannot remain governor at the central bank”……
That to me is a HUGE piece of news….cleverly hidden amongst all the other exciting news of these articles about the change coming to the CBI…..
But to me this is all about TIMING…..why does he feel the need to leave now…..and even more importantly….WHO is going to replace him…..this just adds to the importance of this news to me that the CBI is undergoing a major shakeup…..just wanted to pass this along before I got busy with the summaries. Aloha Randy.
02 – DINAR GURUS UPDATE, 21 FEB:
2-21-2015 Newshound Guru Tlar Article quote: “Tariq Al-araji Iraqi Central Bank Governor disclosed the relationship to Sunday 22 of this month will see the discontinuation of the auction and the adoption of the banking system as a responsible foreign remittances, referring to direct a study shows the feasibility of deletion of the historic heart in this stage.” No more remittances. No more auctions = RV.
They cannot RV without introducing a new currency. Like I have been saying, this is the weekend and this is what we have waited for. In the banks words, “Sunday it all changes”. I feel pretty sure this is what we have been waiting for. No more auctions is great but no more remittances is even better. That means the banks will be doing wiring and such using the new swift codes. Everybody relax. It isn’t over until it is over. We should know if this is it by Monday.
2-21-2015 Intel Guru Jester THE INTERNATIONAL BANKING CONTACTS ARE FEELING GOOD ABOUT THINGS…MAIN CONTACT THAT ORIGINALLY TOLD US THIS IS A GOOD TIME…ARE SAYING NO CHANGE…I DON’T HAVE ANYONE RAINING ON THE PARADE RIGHT NOW… FOR THE FIRST TIME I CAN REMEMBER.
2-21-2015 Newshound Guru Stryker [via rsskelton] Stryker does not do rates or dates, but does refer to windows of opportunity. In fact he specifically stated that… Does he feel that Sunday is one of those windows? Yes, he does. He did say he felt we had never been this close.
2-21-2015 Newshound Guru Millionday [So all this means is that Monday we have a great chance to go to the bank and cash in?] THIS MEANS WE STILL DONT HAVE A DATE OR RATE BUT CBI IS MAKING HUGE CHANGES THAT THEY HAVE BEEN WORKING ON FOR THEIR REFORMS AND WE SHALL SEE WHAT COMES OF THIS AND WHAT IMPACT IT HAS TO ALL THE VALUES OF THE IRAQI DINAR DUE TO THIS CHANGE. [Would you agree we will never have a date?
Only a rate…?] I WOULD AGREE THAT IT WOULD JUST SHOW AND NO DATE WILL EVER BE GIVEN AHEAD OF TIME — YES. SO ONE LAST THING TO SAY ABOUT THAT REPORT… IT SMELLS OF ECONOMIC PROGRESS AND THE FACT THAT IT IS SUNDAY MORNING IS SO VERY EXCITING — SO I TOO CANT WAIT TO SEE WHAT COMES OF IT…WHOOPOW! [post 3 of 3]
2-21-2015 Newshound Guru Millionday [don’t they have to have a rate to delete the zeros?] THE REMOVAL OF THE THREE ZERO CURRENCY WOULD BE A RESULT OF NOT NEEDING THE LARGER DENOMINATIONS. [does this mean that RV could happen at any time, maybe on publication of budget Sunday, or does the deletion of zeros refer to the RV, and is something that will still take much time in preparation?]
YES THIS MEANS THAT THEY COULD BE SETTING THE INTERNATIONAL RATES AND THE NEW PURCHASING POWER FOR THE DINAR AS WELL PER THE GLOBAL PRICING INDEX AND ALSO ACTIVATE ALL INTERNATIONAL BANKING AND TRADE MECHANISMS AS THEY GO — WE JUST DONT KNOW AND HAVE TO WAIT AND SEE BUT I HAVE TO SAY — THIS IS VERY EXCITING. [post 2 of 3….stay tuned]
2-21-2015 Newshound Guru Millionday Quote: “All banks reported this mechanism”, and as pointed out that “the Central no longer a party to the process of buying and selling the currency,” revealed that “on Sunday will be the application of this mechanism.”
THIS IS…A STATEMENT FROM THE GOV OF CBI…ALL BANKS ARE READY AND HE IS PREPARED TO MONITOR THE ENTIRE POLICY- THE NEW ONE…NO LONGER WILL THE AUCTIONS BE PART OF THIS. THIS IS THE MARKET MECHANISM WE HAVE BEEN TOLD HAS BEEN PLANNED. HE WILL AND THE EXPERTS WILL BE CHECKING THE REMOVAL OF THREE ZEROS TRANSITION AND THE STEPS TO COMPLETE IT…AS IT WILL TAKE TIME…FOR THE PROCESS TO BE COMPLETE…FROM BEGINNING TO END.
[So according to this…tomorrow (Saturday) should be the last auction correct?] YES…THAT IS THE FIRST SIGN WE SHOULD SEE — NO MORE AUCTIONS. IN THE MORNING THE ACTIVATION OF THE MONEY LAWS WILL BE DONE AND ALSO ALL THE STEPS DESIGNED TO MOVE FORWARD WITH THE EXCHANGE RATES AND ITS STABILITY ALONG WITH FOREIGN EXCHANGE RESOURCES DESIGNED TO MEET THE NEEDS OF THE BANKING REFORM…THIS MEANS THE 22ND OF FEB — SUNDAY. [post 1 of 3….stay tuned]
2-21-2015 Intel Guru TNT Tony [via Sunny & okrocks] IN THE MOSQUES THEY SAID WHEN THE BANKS OPEN…TOMORROW [FRIDAY]… AND ON TV…ECONOMIC REFORM WILL TAKE PLACE.
They are saying it will be an RI. An RV could be days to months, but I don’t believe the month part. The RI will reinstate the currency to the $3.22 level and then add for inflation and it’s expected to be anywhere from $3.40 – $3.95 range. Hearing, we will see an RV after that… and…the rate goes up from there.
THEIR 3 ZERO NOTES WILL BE GOOD FOR A SHORT PERIOD OF TIME, DONT THINK THAT EFFECTS US OVER HERE. IT COULD HAPPEN THERE TOMORROW MORNING [SATURDAY] OR EVEN SUNDAY WHEN THE GAZETTE COMES OUT… BUT WE MAY NOT SEE IT TIL MONDAY…SO WE ARE EXCITED.
2-21-2015 Intel Guru DC [via Sunny & okrocks] IRAQ TV and Mosques telling people the restructuring is coming; to listen to the media for directions and in the Mosques saying when they go to the bank tomorrow [Saturday] they will see the new rate! It will be an RI! Expect between $3.40 – $3.95. [What is different this time?] …budget passed this time was very specific regarding departments, projects, ISIS. Lower denoms have been issued to the provinces. Then there are the banking laws in place, and cards tested. ALL ARE JUST WAITING ON IRAQ…BE CAUTIOUSLY OPTIMISTIC…BUT IT LOOKS REALLY GOOD.
03 – S3A CHAT UPDATE , 21 FEB:
S3A : R.V. / GCR February 21, 2015 at 11:17am Tuesdays coming
G T February 21, 2015 at 11:16am
Saturday Clues…….HOPEFULLY TODAY IS THE LAST DAY for These Clues!!!
We’re At the Finish Line AGAIN (Hopefully Fir the Last Time & We Cross THAT SUCKA)…….
All Task Are Done & Checked
Lookout For Email Notices…..
Next Thing we should See (I HOPE)
FULL SANTA (no More Partial Pictures)!!!
Enjoy Your Saturday……
GT is LEAVING THE BLDG (Dropped The Mike)!!!
Ben Wilson February 21, 2015 at 11:08am
Let me remind everyone that Iraq is 10 hours ahead of us in the US.
Therefore tonight might be the night of getting what we all been waiting for LVegas February 21, 2015 at 10:38am.
I am hoping what Exo is saying is that Groups have received their email notifications and all items on checklist are completed. There was word last night for groups to expect their email notifications.
AJM0603 February 21, 2015 at 10:10am – From yesterday afternoon:
@JCR3758: Mutlaq sd “the launch of the fed budget for 2015 by the Ministry of Fin to all ministries will be early next week 2 enable them 2 exchange.”
@JCR3758: The dominos are lined up. The fireworks are in place. Yes we should finally see this! Stay ready but grounded.
@JCR3758: @OneHappyGoose Yep, the domino effect. All should happen almost simultaneously. How sweet it is!
04 – MY Ladies Saturday Update Emailed To Recaps: “Get Ready To Exhale”. 2/21/2015
MY LADIES: GOOD SATURDAY MORNING EVERYONE, I WANT TO GO BACK IN TIME FOR A MIN AND BRING YOU SOMETHING STEVE SENT ME, IT’S FROM 2013 AND 2014 WHEN THE BIS AND IMF WERE HATCHING THE PLAN TO ALLOW IRAQ TO DO WHAT IT IS PLANNING TO DO TOMORROW.
Accepting deposits in BIS bring benefit to Iraq
A return to the focus of world attention indicators
BAGHDAD – Mustafa al-Hashemi
Economist Dr. appearance of Mohammed Saleh said that the announcement of the BIS accept deposits from Iraq will benefit the country through capital investment projects investments Almalah.okan Bank for International Settlements (BIS) which is an acronym for the Bank for International Settlements))
may feel the CBI Sunday past, his willingness to accept deposits Iraq fiscal year 2014.oadhav Saleh told (morning) that the measure would provide service to the country’s economy through the BIS ongoing interest rate or interest-free financial investments and by currency, whether in euro or the dollar or other currencies . investment reserves
FULL ARTICLE HERE http://www.alsabaah.iq/ArticleShow.aspx?ID=60739
THE BIS WAS PREPARING IRAQ TO BE ABLE TO ACCEPT DEPOSITS AND MAKE DEPOSITS IN DOLLAR, EURO, OR ANY OTHER CURRENCY.
WE TALKED ABOUT CAPITAL INVESTMENT LAST NIGHT AND HOLDING FOREIGN CURRENCY ON ACCOUNTS. SO HERE IS THE BIRTH OF THAT IDEA FOR IRAQ.
HERE IS THE IMF SDR CONSULTATION REPORT I PROMISED YOU LAST NIGHT.
What is being said made me think of something I read on the SDR from IMF site. Note below the next review of the SFR basket currencies is this year
[2/20/2015 8:59:21 PM] Sxxxxxx: The basket composition is reviewed every five years by the Executive Board, or earlier if the IMF finds changed circumstances warrant an earlier review, to ensure that it reflects the relative importance of currencies in the world’s trading and financial systems. In the most recent review (in November 2010), the weights of the currencies in the SDR basket were revised based on the value of the exports of goods and services and the amount of reserves denominated in the respective currencies that were held by other members of the IMF.
These changes became effective on January 1, 2011. In October 2011, the IMF Executive Board discussed possible options for broadening the SDR currency basket. Most directors held the view that the current criteria for SDR basket selection remained appropriate. The next review will take place by 2015.
Sxxxxxx: ANOTHER PIECE COMES TOGETHER
AND HERE IS SOMETHING FROM THE IMF THE CURRENT RESERVES OF IRAQ ARE GREATER THAN THOSE OF THE EUROPEAN CENTRAL BANK. NO COINCIDENCE THERE EITHER.
Sxxxx: here is another interesting fact. The last disclosed CBI reserves were around 80 billion. Current European Central bank as of January this year 73billion. (see attached) This means that CBI is as strong as ECB.
MY LADIES: SO FOLKS WE HAVE BEEN PREPARING YOU WITH OUR BANKING AND ECONOMIC CALLS FOR SOME TIME NOW. WHAT WE ARE SEEING HERE IS EVERYTHING WE HAVE BEEN SAYING IS IN PRINT NOW.
DINAR LAND HAS THE INFO FROM (Iraq Articles) LAST NIGHT BUT THEY HAVE NOT MADE THE CONNECTION TO THE FED OR OUR NEW BANKING SYSTEM.
MANY OF THE WORDS THAT THE CBI SPOKE LAST NIGHT ARE IDENTICAL TO WORDS USED IN THE FED ADDRESS TO CONGRESS COMING ON MARCH 2ND .
NOVA AND I AND OUR BEHIND THE SCENES HELP HAVE BEEN TRYING FOR 2 WEEKS TO GET YOU FOLKS OUT OF WATCHING IRAQ.
WE HAVE BEEN BURIED IN THE FEDERAL RESERVE REGS AND SYSTEMS FOR 2 WEEKS.
WE HAVE BEEN TALKING TO THE BOARDS OF BANKS AND TRADERS FROM THE FLOOR AND SEC REGULATORS AND ALL HAVE BEEN WORKING FEVERISHLY 12-15 HOUR DAYS TRYING TO LEARN THE NEW SYSTEM AND INTEGRATE IT WITH WHAT THEY HAVE NOW.
THE FED WILL BE DELIVERING TO CONGRESS ON MARCH 2ND THE NEW MONETARY SYSTEM THEY HAVE BEEN PREPARING.
YOU MAY SEARCH THE FED WEB SITE IT’S ALL THERE 25 PAGES OF NEW REGS AND PROCEDURES.
THE SEC HAS RELEASED ABOUT 15 PAGES OF THEIR OWN REGULATIONS FOR THE NEW SYSTEM.
WE KNOW RIGHT NOW THAT ALL TIER 3 BANKS HAVE BEEN RUNNING DUAL SYSTEMS, WE KNOW THAT TIER 1 AND 2 ARE BEING UPLOADED REGIONALLY ACCORDING TO THEIR PROXIMITY TO ONE OF OUR 12 CENTRAL BANKS.
THESE ARE EXCITING TIMES AND I AM SO HAPPY IT IS ALL IN INK NOW AND OUT IN THE PUBLIC SO WE CAN SHARE IT WITH YOU.
YESTERDAY THE CBI TOLD ALL OF IRAQ THAT EFFECTIVE FEB 22ND THEY WILL IMPLEMENT A SYSTEM THAT WILL ALLOW THEM TO HOLD FOREIGN REMITTANCES ON THEIR BALANCE SHEET, AND LIKEWISE FOREIGN ENTITIES WILL BE ABLE TO HOLD DINAR ON THEIR BALANCE SHEETS.
THEY JUST TOLD US THAT THEY ARE GOING TO BE INTERNATIONAL ON THE 22ND.
WE READ IT IN ENGLISH AND ARABIC.
THE ARTICLE ALONE SEEMED LIKE GREAT NEWS BUT IF YOU HAD THE NEW MONETARY SYSTEM IN YOUR HEAD FROM THE FED ….THIS NEWS WAS ALL THE CONFIRMATION WE NEEDED TO DO THE PRIVATE CALL WE DID LAST NIGHT. HOW ABOUT THAT?
AND IN CASE YOU STILL HAVE NOT PUT IT TOGETHER WITH THIS NEW BANKING SYSTEM THE AGE OLD QUESTION OF HOW WILL THE USA PAY FOR THIS EXCHANGE THAT HAS BEEN ANSWERED TOO.
THERE WILL BE NO 3 STEP PROCESS ANYMORE, BANKS WILL TAKE IN FOREIGN CURRENCY CREDIT IT AS ASSET ON THEIR SHEET AND IN THE SAME MOTION CREDIT IT TO YOUR ACCOUNT.
THE FOREIGN CURRENCY WILL COUNT AS CAPITAL NOW THAT THE COMPLIANCE ISSUES HAVE CHANGED AND EVERYONE WALKS AWAY HAPPY. I GUESS THE DRAGONS ARE OUT OF A JOB NOW TOO.
NOW TAKE IT TO THE GLOBE, HOW DOES THIS WORK FOR OTHER COUNTRIES?
WELL EXACTLY THE SAME WAY, THESE OTHER COUNTRIES HAVE HAD THIS SYSTEM IN PLACE FOR A WHILE ALREADY, THE USA IS THE LAST COUNTRY BESIDE IRAQ TO PUT IT IN PLACE.
LOOK AT GREECE, THE EU, ITALY, CHINA, INDIA AND OTHERS, WHAT IS ABOUT TO HAPPEN TOMORROW?
THEY ALL CHANGED THEIR BALANCE SHEETS WITH THE DINAR BEING INTERNATIONAL.
THE PROBLEM WITH THE PORTS THE CYBER ATTACKS, THE CLOSING OF THE BANKS, ALL CONNECTED IN THE SAME VEIN OF THE BANKING SYSTEM. AND ALL IRONED OUT NOW AT THE SAME TIME THE CBI TELLS US TO KEEP THE DINAR ON OUR BALANCE SHEET.
I ASK YOU COINCIDENCE? I DON’T THINK SO.
IRAQ IS A BIG PART OF THIS, BUT AS YOU SEE HERE AGAIN THE DINAR HAS BEEN BEING PREPPED TO DO A GLOBAL JOB FOR NEARLY 20 YEARS.
IT IS NO COINCIDENCE THAT THEIR RESERVES ARE STRONGER THAN SOME VERY LARGE CENTRAL BANKS. FOR A TINY COUNTRY THEY HAVE A CURRENCY IS GOING TO DO A VERY BIG JOB TO HELP MANY OTHER CENTRAL BANKS.
WE ARE VERY FORTUNATE TO HAVE A GREAT TEAM OF RESEARCHERS AMONG US AND OUT BEHIND THE SCENES…..WAY WAY FAR BEHIND THE SCENES FOLKS BRING US INTEL FROM GREAT PLACES AND THEN OUR RESEARCHERS FIND THAT IN PRINT A FEW DAYS LATER.
YOU HAVE ALL BEEN A GREAT PART OF THIS PROCESS AND NEED TO FEEL VERY PROUD THAT YOU CAN SAY “I WAS A REAL LIFE PART OF THIS LEARNING PROCESS”
THIS IS THE BEST NEWS WE HAVE BY FAR AND STEVE YOU’RE THE BEST FOR BRINGING THIS IN SO I CAN TIE IT ALL TOGETHER FOR THE REST OF THE ROOM
WE ALL LOOK TO THE CBI NOW TO SEE WHAT THEY HAVE DECIDED ON FOR AN EXCHANGE RATE.
ENJOY YOUR DAY AND BE READY TO EXHALE.
LOVE TO ALL………………..MY LADIES AND NOVA.