G T February 22, 2015 at 10:43am Folks……If the AUCTIONS ARE TRULY DONE
Then we can Look For The Revaluation…..
According To Tony’s Tweet This Morning…..The Banks in Iraq were Closed the Last TWO DAYS!!!
I say SIT TIGHT…….And Let’s See When The Banks Open!!!
Don February 22, 2015 at 10:40am Tbarts : Well if iraq banks were closed Friday for holy day and then yesterday and today, that would have given them the 3 days they always wanted before a rate change……yahoo
Hale Ali’i No matter what the day brings, just know we are in the process. As stated, there are no rules so who knows how they will handle it. The process has begun rolling out and we can know that it is happening, even if it is different that what we expected! All’s well that ends well! ~Namaste~
wilbur grodan February 22, 2015 at 11:19am MARKET ACTION through FRIDAY supports this PREDICTION:
Feb. 22 at 5:59 AM nytrader60 Watch gold. Going to make a huge gapping moves up. Miners are poised to double on the run.
Ranger4564 > wilbur grodan I hope this includes Silver too. If it gaps up as is suggested, that would reinforce my belief that the RV is at hand. I’ve long argued that the prices of the metals will have to rise to accommodate the RV. Since we’re so close to the RV right now, it makes sense for the metals to rise sharply in value. However, conversely, if the metals fail to rise sharply, that also suggests the RV is not yet ready for release. IMO.
John > wilbur grodan I know these are indicators but, I sure hope it’s like my mom’s intuition was…
wilbur grodan > John These TECHNICAL SETUPS are better than anything seen since mid December 2013
My ‘best analysts’ list are blasting out confirmations since about mid week last.
Cosmic Consciousness February 22, 2015 at 10:52am Copied From Twitter
JC @JCR3758 43 Been getting Intel and confirmations since 5AM. The process is ongoing & we will inform as allowed & related. We will all cross the line
JC @JCR3758 PM Adabi having a press interview at 9PM local time today.
John > Cosmic Consciousness So, that would be 12 Noon central time
Denise > Iraq time
AJM0603 > Denise That is 1pm EST
Sylvia February 22, 2015 at 12:04pm So does anyone know when the second half or the expenditure part of the budget will be published
Linnea > Sylvia My question exactly. Maybe he will announce it when his speech is aired.
spirit156 > G T http://albaghdadia.com/live
Don: From TNT: Jer39prov8 :Iraq and Isx info- trans IRAQ bank will begin trading shares March 8, 2015
Saw this on Facebook this morning.
Just a bit of Intel of what’s to come concerning ISX. ( please don’t bash if YOU don’t consider this Intel, someone else might disagree)
Elaf Securities is sharing information on news in Iraq posted on the Telegraph UK website:
Trans Iraq Bank (BTRI) will begin trading of it’s shares of on Sunday Mar 8, 2015.
Company Financials on this link:
A very good morning to all the dear followers of Elaf Securities on this day of 22nd Feb, 2015.
The Iraqi Securities Commission has released its 2014 Annual Report which details on the the trading activity at Iraq Stock Exchange in 2014 and can be found in the link:
OilRat > Don February 22, 2015 at 11:59am I think this is good info with some common sense….it is my belief that when a rate is posted to the world, it will not be tradable on forex for 10-14 days……this will allow most of the small speculators (us) to be out and then the big boys can play…JMO
Ben February 22, 2015 at 12:32pm Just for everybody INFO?
YOU WILL NOT BE ABLE TO WALK INTO ANY BANK TO EXCHANGE UNLESS THAT BANK IS AN AUTHORIZE EXCHANGE CENTER OR BANK.
IT HAS BEEN PLANNED SINCE THE BEGINNING TO EXECUTE THIS EXCHANGE PROCESS IN AN ORDERLY MANNER. THEREFORE, A GOOD ADVICE IS NOT TO JUMP INTO CONCLUSIONS AND DO NOT RUN TO THE BANK UNTIL YOU HAVE BEEN INFORMED IS SAFE TO DO SO.
VARIOUS LAW ENFORCEMENTS AGENTS HAS EXPRESSED THEIR CONCERN OF SAFETY ISSUES OF EXCHANGERS TO SHOW OR MAKE LONG LINES AT THE BANKS.
SO FOR YOUR OWN SAFETY, MAKE SURE TO BE INFORM THAT THE AREA IS CLEAR TO SHOW UP IT HAS BEEN SAID MANY TIMES IN THE PAST THAT BANKS WILL ONLY EXCHANGE PEOPLE WITH APPOINTMENTS ONLY.
IS BETTER TO BE SURE THAN SORRY.
ALREADYBLESSED WROTE 2-22-15 ABADI TWEETED 20 MINUTES AGO @HaiderAlAbadi: PM Al-Abadi spoke with reporters from Iraqi satellite channels. Interview to be broadcasted tonight at 9pm http://t.co/hcstqfzOkY
bernice: Randy..if budget open and laws in place to open …what and why can’t the rate be available?..they have contracts need to be paid….are we just waiting for S to push button or what now?….gracias:
Aggiedad77: Hi bernice, In all honesty, I know there were articles out today that says the budget has been published….but I’m still searching for it….as Frank has stated, it will be published with the 1166 rate and I believe this to be correct….believe the contracts will be paid perhaps from the DFI funds so unsure how they impact the budget at this time…..am more interested in the CBI actions right now…..with their big announcements yesterday I’m expecting more from them. Aloha Randy
Bank tiers can be defined as follows: http://www.gartner.com/it-glossary/bank-tier/
Tier 1 includes between 20 and 25 global bank assets and/or capital markets price makers with daily trading volume exceeding 50,000 transactions. These banks want software using open architecture on a framework on which they can leverage tools, such as analytics.
Tier 2 constitutes about 200 international and national banks and/or capital markets price takers, as well as trading volume averaging about 30,000 transactions daily. Such banks seek new technology with a complete vertical integration of functions. Cross-asset functionality is not a concern, except for structuring deals because of the specialized focus of their trading businesses. They desire analytics and a front- to back-office suite to improve transparency and risk management.
Tier 3 consists of approximately 1,000 banks, including smaller national and regional banks, and capital markets price takers. These banks want cross-asset platforms, but don’t have the requisite IT resources in-house and must rely on vendors. Their biggest concern is implementation risk.
Tier 4 comprises smaller regional institutions with a primary focus on core banking and limited capital markets trading. Such firms often source their capital markets requirements through third parties and tend to use an ASP approach.
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