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DINARESGURUS.BLOGSPOT.COM_________________

Wednesday, April 25, 2018

DAVE SCHMIDT UPDATE: RV & EXCHANGE PROCESS UPDATE, 25 APRIL

Dear Friends,
This week we will have the latest updates on the exchange process, much new info in the development stage.  

Last week our radio program was hacked, hopefully this week we can counter that issue.

Dave will also give an update to the weekend workshop with his guests Mr. "M" and Ms. "M."  The program was well received as the attendees were able to hear directly from the funding sources and had an extensive time for Q&A with them.
Tentatively we are scheduling them for another workshop in Atlanta on May 19th.  I will have more info on that later in the week.
In a few days I will also post their 4th interview, much very good information from their experience and stories.

 Join us on Blog Talk Radio, live at 6pm PT, 9pm ET or archived anytime.


Live call in number:  515-605-9356

The big Call w/bruce INTEL ONLY

MNT GOAT UPDATE, 25 APRIL

Hi Everyone,

I bring you much news today.

I read the "Gurus" news to get a sense of what foolishness they are now pumping. I realized these scams a long time ago. Sometimes I'll quickly get into t a forum and look around to see what they say and it's always the same thing – RV today, everyday / any day, going to the banks on Monday, bla, bla, bla….. I believe Abadi when he says "after the election." We will see the project to delete the zeros. This is all I need to know... Why waste my time and your time with all this other nonsense? Why go down all these needless rabbit holes or chasing our tail?

It seems many of these gurus already have a predetermined idea of an imminent RV, then they try to back into data (any data) to support it. This is not a TRUTHFUL journalistic approach and the results are always going to be the same, regardless of what the FACTS are given us. So these idiots do not give you a LOGICAL approach to this entire RV saga. This is why they are always telling you every weekend to look for the RV, then nothing every happens. Get it?

So where are we really? We are kind of in a waiting mode for the next couple weeks to see how this election all shakes out on May 12th.

During this time I will continue to bring you articles of interest. We know Iraq is ramping up seriously for the 2018-2022 Development & Reconstruction Plan. They are having yet another Investment conference and its this week. This time it is in Iraq. Remember they have had many of these conferences and seminars over the years and so they probably will have many more, even after they reinstate their currency.

I can assure you that Haider al-Abadi has a very good opportunity to get re-elected. If he does, we are going to see Iraqi just take off during the rest of 2018 and into 2019.

More news….

DO YOU HAVE A QUESTION FOR MNT GOAT?

I also think perhaps this would be an excellent time to solicit any QUESTIONS from my readers. I will try to answer all your questions.

Any question or statement that does not meet the guidelines will be ignored. Sorry!

Rules for Questions:

1. Must be constructive so everyone can learn 

2. No newbie type questions (such as about a lop, etc) I will ignore

3. Only 1 question per person

4. No GCR or New Republic bullshit 

5. No Dong or ZIM questions

More news….

What really bothers me is when I hear statements from …guess who? 

Yes, the TNT jerk again Tony. He really gets my goat because he sits on his almighty TNT thrown, all knowing and luved and worshiped by his congregation. Oh – he is a sweet talker. Well here’s more TRUTH about your almighty sweet talking Tony.

He was asked on his last Q& A conference call, the difference between a reinstatement and revaluation and how it would affect the Iraqi dinar. His answer was appalling for someone who claims to have studied this so much. Even this simple question he could not clearly answer correctly. So, let me now clarify for everyone.

The CBI absolutely, without a shadow of a doubt will first “reinstate” the Iraqi dinar. I don’t care if it is done weeks or days prior to our international rate showing up on FOREX. The FACT is the Iraqi dinar currently is on a program de facto peg with the US dollar. The only way they can get out of this is to reinstate it. There is absolutely NO OTHER WAY! Get it? So it’s a moot point to argue if the horse or the cart will come first. We all know how it has to work.

How can you “revalue” a currency when it is not even yet a tradable currency? You tell me cause I don’t know. The banks are merely selling and buying currency once again NOT trading it. Get it?

Technically Iraq is still in a “closed economy” because they have not yet crossed over and regained their sovereign currency. Having a sovereign currency is the main point of being a “fully” sovereign nation. So why has Iraq not completed getting back online with their currency?

The CBI just recently told us the “project to delete the zeros” is completed. So we know this is not the holdup. What can it be? 

They told us they plan to do it right after the elections on May 12th.

What the hell else do want to know? Just like I have been telling you all along that the CBI will keep the citizens fully informed of the process, and they have done so.

It is only idiots, like TNT Tony, who want to once again convince everyone he is so smart and has to take it to the next level, a place where it seldom needs to go. I swear this guy has been misinterpreting the data all along. First, he can’t be bothered to read and study the articles from the news media in Iraq. Now since he returned from his stay at the luxury pen state hotel, he now decided to finally follow the real news, that of the articles. But how do you play catch up for 10 years of news you missed?

This has caused everyone much pain and suffering over these last 10 years for all his listeners.

So Tony’s answer only shows his ignorance in this entire process of what must take place. I also want to add that since the reinstatement is just bringing the currency back online to the currency exchanges, that the CBI is free to request a revaluation anytime they see fit afterwards. They DO NOT have to wait 90 days. Also in this situation, as in others, even it the 90 day rule did apply, the IMF could also waiver and probably would in this case.

So, tell me this them. I wrote up a Special Editions clearly outlining what did take place with the Kuwaiti dinar RV back in the early 1990’s. Did you read it?

I can see Tony didn’t read it. In my research I found that Kuwait also reinstated their dinar and did NOT DO ANY REVALUATION at all. Why does everyone keep using this as an example to follow for Iraq. If you read my special edition you will clearly see that these are two very different situations. But Tony and others persist on using Kuwait as the basis for their discussion on this Iraq RV topic.

The FACT is the rate of the Kuwait dinar rose quickly due to pure speculation on the open currency exchanges. Get it? It did not RV under a high rate. It peaked on a free float, the IMF shut it down and then let the rate settle down to what it is today…the nominal market rate of about 3.35ish.

This probably what will also happen in Iraq and the CBI already told us they “fully” intend to put the Iraqi dinar on a float and peg it to the SDR basket of 5 global currencies. So, I sincerely hope TNT Tony and these other idiots are reading my post today and are learning something. Somebody has to tell the TRUE story since they won’t.

I have also written “Special Editions” on the History of the Iraqi Dinar and the Zimbabwe ZIM Scam as well as many others. I take the time to write these to educate you since it all interconnects with what is really going on and to help you fully understand. This RV Saga is much more that simply a date and a rate.

To find all the Special Editions simply type in “special edition” in the search argument and hit enter. They will all list for you. Scroll down and find the one you want to read.

More news….

Bet you didn’t realize Frank26 has a favorite song. Do you know it? It’s called the Hokey Pokey. Can you dance it with him? It’s a bit complicated for him but he’s learning it slowly. I provided a link for you with music to follow along with Frankie as he too dances it.

https://www.youtube.com/watch?v=S6j7dNraM_k

Just so you know this was his intel for Monday’s conference call.

Okay so I might be slightly off a bit, but I’m VERY, VERY CLOSE.

Hey Frankie- what color shirt are you wearing today?

More news…..

Parliament Speaker Saleem al-Jubouri called for activating measures to support the development of the private sector and small enterprises.

Al-Jubouri said during his meeting with the dignitaries and members of the Al-Bumfrjj tribe in Baghdad the need to focus on the service reality of the capital Baghdad and the rest of the provinces and work to solve the problems of unemployment and improve the living conditions of citizens.

Jabouri pointed to the important clan role in maintaining the security of the country and confronting the criminal gangs, in addition to protecting the citizens and supporting the security forces in achieving stability.

*************************************************************

Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks. 

*************************************************************

Articles Begin

NEW ELECTRONIC SYSTEM TO SPEED UP IRAQI ELECTION RESULTS: ELECTIONS CHIEF

Reuters: (4/23/18)

(Reuters) - A NEW ELECTRONIC SYSTEM WILL DELIVER THE RESULTS OF IRAQ'S UPCOMING NATIONAL ELECTION WITHIN HOURS OF POLLS CLOSING, the country's chief electoral officer said, a marked improvement from previous years when it took weeks to announce the outcome.

Iraqis head to the polls on May 12 and will be using an electronic voting system for the first time.

"THE RESULTS WILL BE ANNOUNCED IN HOURS, NOT DAYS," Riyadh al-Badran, the Chief Electoral Officer of the Independent High Electoral Commission, said in a Reuters interview at the commission's headquarters in Baghdad. 

"We will have results that accurately reflect the will of the voters," Badran said, adding that the new system significantly limits the possibilities of voter fraud.

The upcoming election will be the fourth held since the fall of Saddam Hussein after the U.S.-led invasion of Iraq in 2003. More than 24 million of Iraq's 37 million people are eligible to vote next month. Iraqi authorities hope to avoid the political tension caused by delays in reporting the results in previous elections. Under the new system, which replaces the ink-stained fingers indicating who voted that became a symbol of post-Saddam democracy, Iraqi voters will insert ID cards into a machine which will link them to individual ballots using machine-readable codes. After voters mark the ballots, they put them into a scanner that will tally and record results. 

The commission has been educating voters and training poll workers to familiarize them with it, said Badran, who gave Reuters correspondents a demonstration of the process.

Baghdad awarded Korean company Miru Systems a $135 million contract for the system, which includes around 70,000 devices to be used across the country, Badran said.

Aid groups have expressed concern that a system that relies on identity cards could make it difficult to vote for people displaced by the war to recapture territory from the Islamic State group.

Islamic State, which captured nearly a third of Iraq's territory in 2014, was largely defeated in Iraq last year. But more than 2.3 million Iraqis - mostly Sunni Muslim Arabs, a minority in Iraq - are still internally displaced. Many lost or abandoned their identity documents during their flight.

Badran said displaced Iraqis with voting cards from previous elections can use them to vote. Those who are living in camps and have no cards will also be given other ways to prove their identities and get permission to vote. 

"The commission has a special concern for this issue," said Badran, who said fair representation was important so that parliament reflects Iraq society.

There are nearly 7,000 candidates running for 329 seats in 18 provinces using Iraq's proportional representation system.

Iraqis abroad will be able to vote in 19 countries, including the United States, Britain and Canada.

*************************************************************

CONSTRUCTING A NEW US CONSULATE IN ERBIL

(Mnt Goat – Again I am saying the US is in Iraq to stay for a very long time. Why two consulates in Iraq?)

ERBIL (Kurdistan 24) – The US Ambassador to Iraq, Douglas Silliman, along with the Kurdistan Region’s Prime Minister, Nechirvan Barzani, on Monday announced the start of constructing a new US Consulate in the capital of the semi-autonomous region.

In a statement delivered at a ceremony in Erbil, Barzani said that the Kurdistan Regional Government (KRG) welcomes the construction of the compound, one of the largest in the world, and that “it is a sign of US confidence and trust in the Kurdistan Region, now and in its future.”

He mentioned that the project is an indicator that Washington wants to develop its diplomatic relations with the Kurdistan Region, “within the framework of federal Iraq.“

“We hope [the construction of a new compound for the US Consulate] will lead to an important, strategic, and long-term partnership with the Kurdistan Region,“ Barzani stated.

*************************************************************

FORUM OF INVESTMENT OPPORTUNITIES IN BAGHDAD ON THURSDAY

Baghdad – 

The National Investment Authority announced the participation of 650 foreign companies in the forum of investment opportunities in Baghdad on Thursday.

"The forum will be an opportunity for investment and reconstruction in Iraq," said Dr. Sami al-Araji, head of the committee.

Araji said that "the forum will witness the participation of about 650 companies and businessmen from 17 Arab and foreign countries."

He added that "the work of the forum will include an exhibition for 30 companies, and will see the signing of memorandums of understanding and contracts for projects that have been agreed upon since the Kuwait Conference so far."

*************************************************************

NEXT THURSDAY WILL SEE A FORUM FOR BUSINESSMEN

Secretary General of the Council of Ministers Mahdi Al-Alak said on Tuesday that the government will discuss with the businessmen the investment opportunities offered at the Kuwait International Conference to advance development.

Al-Alak said during the ceremony to hand over the first building of Al-Zuhour residential complex that "next Thursday will see a forum for businessmen, during which the government will discuss through the Investment Authority the investment opportunities offered at the Kuwait International Conference to Advance Development, including (18) The country's provinces and all (25) thousand housing units in all the provinces of the country. "

Al-Alaq stressed on "the serious endeavor to solve the housing crisis suffered by Iraq due to the increasing population and the inability of citizens, especially those with limited income to own their own housing units."

Al-Alaq opened the Baghdad Flowers Complex to deliver the keys to the first architecture to the registrars, in the presence of Undersecretary of the Ministry of Finance and Chairman of the Baghdad Investment Authority.

*************************************************************

CURRENCY AUCTION FRAUD IS WASTING LARGE SUMS OF CENTRAL BANK

(Mtn Goat – so it seems now every week we are getting yet another article on the currency auction corruption and how it is causing billions of wasted money from the CBI. So here is this week’s version. Folks – they must stop these auctions and do it very soon. They must do it for many reasons:

1. Iraq now claims to be “fully” sovereign nation so why are they still toting the line and harboring these old 2003 UN sanction rules with their currency?

2. They need a sovereign currency to trade freely {eliminate all trade barriers}

3. Potential investors coming into Iraq are demanding it

4. Stopping the auctions will eliminate billions of wasted money from the CBI

5. Able to end this phase of banking corruption and finally put these politicians in jail where they belong)

The Parliamentary Investment and Economic Committee attributed Wednesday the decline in the exchange rate of the dollar against the dinar in the local markets to the security stability and the rise in international oil prices, pointing out that the precautionary measures taken by the Central Bank on the currency auction stopped the waste of large amounts.

Najeeb Najib, a member of the committee, said in a statement that "the rise in oil prices and the increase in foreign exchange reserves at the Central Bank, as well as the end of the war on the criminal and security stability is the most important factors stabilizing the dollar exchange against the dinar."

"The precautionary measures taken by the Central Bank in cooperation with international regulators on the transparency of the auction of currency and control of funds stopped the waste of large amounts were going in favor of the senior corrupt."

"The Central Bank of Iraq set the official exchange rate of 1200 dinars per dollar during the budget and if the rise will bear the state additional financial burdens can not be easily compensated."

Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. Let us all now know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the revaluation of the Iraq dinar occurs.

PRAYER

“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republic of Iraq and the United States of America to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat

KTFA: "Rate is Being Implemented", 25 APRIL

Agentsnowball » April 24th, 2018

I remember two or three years ago a blue call regarding lower denominations being moved from not a location in USA to not a location in Jordan. So are they printing or are they already printed from years ago? 

Tigger » April 24th, 2018

This was discussed quite a bit in the recorded conversation with Delta and Frank at the beginning of the CC, AgentSnowball.

Yes, there was acknowledgement of previous printings of the small bills. However, there is considerable momentum to suggest that what was once expected to come out at 1:1 could now be a higher rate for the RI.

In fact, the amounts that Delta shared that the CBI profited in the first quarter serve to support the value of the IQD. 

The expectation is that the CBI will need more smaller bills with demand for them expected to be higher worldwide. Remember, 1:1 is still the stated target for the RI by the CBI, but teams are thinking a higher rate will prevail with the extra time taken to educate the citizens of Iraq as well as numerous other economic factors at play (like border security with Syria and lower auction amounts).

This is not something to be concerned about, IMO. In fact, they recognized the need to produce more smaller bills due to the understanding and tracking of where their money currently is! This is a big step for a country emerging from the 3rd world and about to go international.

All IMO... at least that is how I recall hearing it.

Frank26 » April 24th, 2018

WELL DONE TIGGER ....... INDEED YOU RECALL WELL SIR ......... I EVEN SAID ..........."BUT WAIT A MINUTE FRANK26 ............ DIDN'T YOU SAY THE ATM'S WERE ALREADY LOADED WITH LD'S???"

TO WHICH I ANSWERED MYSELF WITH ................... YES ............... STARTED SAYING SO IN JANUARY OF THIS 2018......... BECAUSE THE 1ST QT WAS USED TO PRINT MORE LD'S.

OHHH................ THAT'S RIGHT ............YOU DID FRANK26 !!!

HOW EASY THE MIND FORGETS FROM MONTHS AGO ...........LET ALONE FROM A CC OF LESS THAN 24 HOURS AGO.

BTW .............. DELTA SHOULD HAVE ALSO ADDED THE BILLIONS OF STOLEN FUNDS RETURNED THIS YEAR TO THE CBI AND THEIR UNTAPPED FUTURE RESOURCES THAT SIMPLY ARE RIDICULOUS !!!

PERFECT !!! 


Samson » April 24th, 2018

Continued decline in the dollar exchange in Iraq


2018/4/24 10:17

Foreign currency markets in Baghdad, on Tuesday morning, a decline in the dollar exchange rate against the Iraqi dinar.

The market price on the Kifah Stock Exchange in Baghdad was 1196 dinars per dollar, or 119 thousand and 600 dinars per hundred dollars. 

The prices of selling and buying dollars in banking companies were: 

the sale price of one dollar 1200 dinars, or 120 thousand dinars, for one hundred dollars. 

And the purchase price of the dollar is 1190 dinars, or 119 thousand dinars, for one hundred dollars, and this price is the lowest recorded by the currency markets for years in Iraq. 

Foreign Exchange Rates: 
EUR World Price: 100 Euro = 122.15 USD The 
World Price: 100 Bounds = 139.44 $ The 
Turkish Lira The International Price: $ 100 = 409.70 Turkish Lira. LINK

Launching the activities of the Arab Day for Financial Inclusion

April 24, 2018

In order to educate the public of the importance of financial coverage in Iraq will start
tomorrow activities of the week of financial coverage for the period from 25 to 30 April
2018, and this event will be directly supervised by this bank and in cooperation with the
Association of Iraqi private banks and the participation of banks and financial companies
operating in Iraq, Will come in conjunction with the celebration of the Arab Day for
financial inclusion in all Arab countries, and will include the effectiveness of Iraqi banks
and foreign financial companies to provide banking services and display all products in
several public places and in shopping malls, universities and others

https://cbi.iq/news/view/681

Judy » April 24th, 2018

Here we see the words "Inclusion and Launching". This is Important-IMO

Frank26 » April 24th, 2018

IF ............... IF !!! ................. ONE LISTENED CAREFULLY TO CC LAST NIGHT ............... I SAID ............. " FINANCIAL INCLUSION " ................ FOR A REASON. 

Sheila » April 24th, 2018

This article makes me think of Walkingstick. You can see it all coming together like a domino affect

Frank26 » April 24th, 2018

YES !!! 

Walkingstick » April 24th, 2018

Yep.... much more, coming...

Ty1 » April 24th, 2018

Is this the kick off of the major PR campaign noted on last nights call? 

Frank26 » April 24th, 2018

YES AGAIN !!!

Smooth » April 24th, 2018

Yes starting tomorrow! Very huge IMO, Can't get much closer than this! IMHO

Frank26 » April 24th, 2018

Article: “Oil at $ 74 a barrel .. What next ?” $100. 

Rommy » April 24th, 2018

Frank, your opinion seems to be more than just an opinion. Thank you. IMO ... This means the majority of people will start complaining of higher gas prices at the pump. But Dinarians will be smiling and buying more cookies when they fill up!

Ty1 » April 24th, 2018

Do they need a rate for the kick off? The rate would get people into the banks???

Frank26 » April 24th, 2018

IMO ............ THE RATE IS BEING IMPLEMENTED ............ LIKE MY VEST............ 

FaithPrevails » April 24th, 2018

When Frank changed last night IMO he did so for a purpose................Iraq may be changing at the time he did Hmmmmmmmmm.....................International rate Frankiiiiieeeeeeee...........What say YOU............CHATTER IS LOUD< need it to become DEAFFENING!!!

Rommy » April 24th, 2018

IMO ...When the vest change happened, everyone saw it. It was not because of smudged cookie crumbs. It was Focused, Targeted and Measured.

Tinman54 » April 24th, 2018

Could someone explain the vest reference for me please? Had to listen to the recording. I seem to remember silver represents intel that can't be shared. Please correct me if I'm wrong. Thanks in advance!!!! 

FaithPrevails » April 24th, 2018

Tin...........IMO you are correct...............Frank started out wearing a Red vest and later in the call he got up and changed to a Silver vest. You are correct that Silver represents Frozen Intel. As you read todays articles it seems that that Intel is starting to Thaw IMO........ When Frank changed last night IMO he did so for a purpose................Iraq may be changing at the time he did Hmmmmmmmmm.....................International rate Frankiiiiieeeeeeee...........What say YOU............CHATTER IS LOUD< need it to become DEAFFENING!!!

Saddlebred » April 24th, 2018

Frank started the call last night with a red vest on. During the business/product portion of the call, he left and when he came back he was wearing a silver paisley vest. He did it as he says - not just on purpose but with a purpose. No one commented about it in the chat (whether they noticed or not) but he later brought it to our attention. STAY ALERT to the little things - IMO.

Frank26 » April 24th, 2018

YES ....... FOR THEY ARE THE BIG THINGS.

EVERYTHING I DO ........ WITH YOU ........ HAS A PURPOSE. 


Notthe1 » April 24th, 2018

The Trump is talking ... To France, To Germany and us. Time to play nice with your currency. You want that RI ,too?

Frank26 » April 24th, 2018

Article "After its decision to "divorce" the dollar .. Will Iran succeed in saving its economy?"

NO CHOICE.........ROFL

GregH » April 24th, 2018

Article: “The Association of Private Banks is partnered with leading Iraqi bankers at the conference of the General Council of Islamic Banks in Istanbul” LINK

I wonder...didn't Frank mention money moving with big banks, small banks and private banks last night? I believe he did. Interesting article in that light

Frank26 » April 24th, 2018

(Big Smile)

MilitiaMan » April 24th, 2018

Article “The Central Bank signs a memorandum with Visa International tomorrow” LINK

This is the same day for the start of the Financial Inclusion... Smells International! Article 8, convertible currency.~ MM

Article: “Abadi visits Kurdistan tomorrow for the first time since the referendum” LINK

Another interesting day (Wednesday) for Abadi to be speaking on Finance in Sulaymaniyah ~ Nothing like having the MR implemented (FINANCIAL INCLUSION) before elections... ~ MM

What we all know now is that is about to change starting from what they say: TOMORROW. The memorandum with VISA comes the day of the beginning of Financial Inclusion.

Note in the CC they were given phones by the CBI months ago and those phones are being used for a purpose and that purpose is now openly stated by the CBI that they are about to distribute the new notes and that they have a suitable environment.

Citizens are getting TEXT MESSAGES now to come in and get paid, cards, exchange, etc..
The program rate is imo about to change and they clearly are not hiding it.

The process is underway and almost complete. I believe your witnessing that each and everyday. I find the 84 FA's (final articles) very helpful to study.. They bring peace when in doubt, if any.. imo ~ MM

Article: “Federal Government And Erbil Are Discussing The Unification Of Customs Duties At The Border Crossings” LINK

Becoming one with tarrifs and fees.. Like as in getting the pricing of fees and taxes in line for the service of public interest. Starting to see the picture and timing of this stuff? I sure do.. ~ MM

THE BIG CALL NOTES, 25 APRIL

THE BIG CALL WITH BRUCE TUESDAY, APRIL 24, 2018
TRANSCRIBED BY PINKROSES

Bruce:  Welcome Everybody to the Big Call tonight. Intel wise it comes and goes in waves. On Sunday I got 11 calls from one of my main sources. Just call after call of information, a nugget here and a nugget there, indicator of things are moving along. Then there times as today things move along slowly. Then it picked up speed this afternoon.

Now let me tell you where we are with the IMF meeting. You heard there was an IMF meeting in Washington this past weekend. It was supposed to end about 3 or so in the afternoon on Sunday. They are still meeting and it is Monday. It goes all day into the evening still going on today which is Today, and still going on till 8:45 pm tonight with the last speaker starting at 7:15pm to 8:45pm time slot. We are going What? It is interesting because they needed the meeting to continue.

​There were some issues that needed to be solved regarding Iran primarily that didn’t get solved until 6pm this evening East coast time. Where it looked like we had a major issue and we could have had a major issue with Iran regarding the sale of oil in the petroyuan as opposed the petrodollar. That got cleaned up and restored back to the petrodollar. I don’t have the absolute proof on this, but my understanding is the dollar did go back overnight.
Bruce:  We have the USN released last night as a gold back dollar. That to me is a reason why Iran could take our petrodollar gold back as oppose the petroyuan which is gold back. That part made sense to me. The question was Is Iran going to go in the first basket. We believe it was in question for awhile, and we believe it is in the first basket. That is our latest understanding.

Bruce:  Let’s talk about where Iraq is. Iraq did release their lower denominations in their ATM machines. ‘They have an in country rate that is known in country. They have a rate that has been flashing on our bank and Redemption Center screens and it is a front screen rate. We know that rate has been flashing meaning it is not quite locked in yet. It has been trading and had a good trading rate like didn’t it was in good price points. But about 1pm this afternoon, the rate came off the screen and the word pending appeared. We just have the fact we think pending is a good sign since when we see pending it means it is about to change and we are looking for a solid rate for Iraq to come into play on the screen. We don’t know when exactly. It could be anytime now. It could be tonight or tomorrow. We do not know. It looks like that is what we are really waiting for. That seems to me what we need to get everything kicked off.

Bruce:  The IMF meeting finished up by now. They voted and settled on a Go about 6pm EST. That is a very positive thing. For awhile it was looking sketchy there, and now we think we are in good shape with the IMF. Everybody is in agreement. Things are being done.  Iraq has a week starting tomorrow which is a finance education week that starts tomorrow. They need that done to educate their people about banking and the banking system that is in Iraq. We understand that the ATMs were turned on and the Fintech System which is one of the new parts of the Global Transfer System, the CIPs Systems. That is up and running and connected in Iraq. That was partially connected Sunday and by now it is completely connected, up and running, and functional. So Iraq can be basically part of the world stage for banking transfers and so on. That is a very positive thing.

Bruce:  My understanding is tomorrow there is a new conference that is starting in Iraq. I am making the assumption it is in Baghdad. I am not sure where in Iraq it starts, but it is the IBBC which I believe is the International Banking Business Conference. That is going on. The countries attending are countries that attended before and have quite abit of investment in the country of Iraq. These countries said they would not be attending unless Iraq had their international rate out. So I think that conference will be a big deal and I think Iraq would take advance of it with the timing of it. They probably should have their rate known so they can have their conference at its full potential. It suppose to start tomorrow. You got a lot going on over there now.

Bruce:  Also the Qi cards which is a debit card in Iraq that the people have. They have had two separate cards. They had a Master card tied into the Rafindain Bank and Chase Bank. Those banks have sort of partnership for that debit card. The citizens are getting their retirement pay on that Master card. Also they have a brand new card that has been issued which is a Visa card. That card is the one where the citizens will receive their profits from the oil revenue sales on.  So you have one for retirement and possibly salary being paid on the Master Card, Then on the new Visa card that is the one for oil profit sharing that comes from the sale of oil from Iraq.  That card today was supposed to be utilized and accessible for the citizens in Iraq for that purpose to pick up those profits that were allocated to the citizens as of today. I don’t have full confirmation yet at the time of the call whether or not that occurred, but that was supposed to happen today. Iraq is moving along pretty nicely.

Bruce:  They have the Finance Education week which starts tomorrow and goes through Tuesday. That was something that was part of the IMF protocols that they needed to do, but it appears because they have set that with a start tomorrow, that satisfied the IMF. That is why they were able to move forward with a vote at 6pm to have a Go decision for this whole GCR to begin. That is really good news for us.

Bruce:  What else we have? We understand tonight right after the Big Call maybe over night we expect the Tier 3 to pay out. That is what we are hearing. There suppose to be funding that is supposed to be moving from Pay Master accounts. We think this is Tier 3 finally being paid. Some of the other Tier 1 and 2 have been paid, but they do not have access to those big funds yet. We are believing that is coming, but in a true feeling of a Gun Shot start, they may not have access to their funds before we have access to our 800 numbers and the start of our appointments. We know that the Prosperity Packages are set to go out 2 to 4 hours after the 800 numbers are released or after the first appointment is made, in that range of 2 to 4 hours afterwards. WE are haring Tier 3 are supposed to be paid overnight tonight. That is a positive thing moving in the right direction.
Bruce:  The big thing is there was another large trench that was coming in tonight. We believe it is one of the major funding sources that you may recognize as a funding source. I believe after that they will be able to release funds and distribute funds to various project participants shortly after we get started. That is coming up in the very near future, meaning shortly.

In terms of us and what is going on. I know that HSBC have informed their Redemption Center people about how the various rates would apply to certain people based on their projects, a number of criteria. That was done yesterday all over the country. That was a very positive move. It was just like clockwork. IT happened just the way it supposed to. All we are waiting for is we need for the Iraq dinar rate to go solid. My personal belief is that rate will show solid the same time we get the release of the toll free numbers. That is just what I think, and our shot gun start will start approximately when that happens.

Bruce:  That is basically what we need to say in terms of Intel tonight. I feel we are in really good shape. I was sure earlier this afternoon, but I am feeling much better with the latest bit of information this afternoon and this evening. All in really good shape and we are in a good place. Thank you everybody, Thank you Sue and everybody else. We will see you on the other side. Good Night.

THANK YOU BIG CALL AND BRUCE, HUGSSS