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Monday, June 19, 2017

Enorrste Continued Discussion 6/19/17

The Central Bank Prepares Banks And Transfer 25 Million Per Month

LINK To Earlier Post

Enorrste :   Mike,  according to Keywords the "reserves" are $47 to $49 billion while you say they are $40 billion.  That's a big difference.  Who is right?
 
Also, Keywords says this in the link you provided:
 
the amount of foreign currency reserves in the bank exceeds the amount of local currency in Iraqi dinars.
 
Therefore, the money supply must be less than $47 to $49 billion, if Keywords is correct.  Yet you say it is $50 billion.  Who is right?  How can you be correct in saying that "Iraq's reserves do not cover outstanding M0 cash," when Keywords says just the opposite?  He is quite specific in the quote above.

Belittling Saleh is a straw man argument.  Neither he nor anyone on this forum claims that the dinar NOW is a world reserve currency.  Therefore, putting that statement in his mouth and then knocking it down is moot, since he has never stated it.
 
The Gross Foreign Assets number I quoted is directly on the CBI website under Statistics then under Key Financial Indicators.  This is an Excel spreadsheet, which is why I can't give you the link.  The numbers are on line 48 and 49 under Net Foreign Assets and Gross Foreign Assets.
 
You suggest that this is not synonomous with "reserves."  Yet when I look this up I get a clear picture that sure looks like reserves to me.  Here is the definition as used by Armenia, for instance:
 
Gross foreign assets of the CBA are defined based on residency criteria. All the CBA financial claims on nonresidents are included in gross foreign assets.
 
Unlike foreign assets, gross foreign reserves or international reserves are the most liquid part of foreign assets that are held by the Central Bank and can be used for direct financing of external and internal payments.
 
https://www.cba.am/Storage/EN/publications/statistics/monetary_stat_manual/features.pdf
 
If there is a different accounting method used for "reserves" versus Gross Foreign Assets I would like to be enlightened on that difference.
 
Punisher:   Enorrste, Mike is of the opinion that everyone (at least in the GOI) in Iraq is a liar and that everything that comes out of Saleh and Allaq's mouth (and Abadi too) is all lies. Mike do I have that correct?
 
On one hand I cant blame Mike for thinking the way he things regarding that...articles are often confusing or they flat out twist the truth. But on the other hand one cannot just pick and choose what to believe when someone says something.

Either someone is lying all the time or they are telling the truth but being sneaky about it. When It comes to Iraq, one must read between the lines.
 
Mike:    Like I said, I need confirmation before I believe much from Iraqi journalism. I don't believe in absolutes like they always lie or always tell the truth, but if Saleh or Keywords says something and the IMF Article IV consultations confirm it, then I believe it.
 
Let me ask you a question, do you believe the dinar is or will be in the near future a "hard currency" where the world feels safe holding it in reserves?
 
Mike:   Here you go Enorrste: "A member of Iraqi Parliamentary Economic and Investment Commission Mamouri issued a statement regarding a significant decline in the reserves of Iraqi Central Bank up to 40 billion U.S dollars." I didn't pull that number out of a hat, it's part of the equation. I'm betting we'll know more in the next couple of months where the reserves are.
 
http://www.iraqidinar123.com/reasons-behind-continuous-decline-in-the-reserves-at-cbi/
 
For the record, I'm not putting words in Saleh's mouth for a straw man's arguement, he said it:  "The dinar today has become a strong and like a hard currency through the Bank’s policy Central control of the cash raised in the local market."
 
http://www.ikhnews.com/news_view_32720.html
 
So, I've provided links that show roughly 60 trillion dinars in M0. I've also provided no less than three links from officials in the GOI that illustrate the CBI reserves are between $40-$49 billion dollars. The results show that Iraq does not have 100% coverage of their outstanding M0 money supply. Why does Keywords state it's covered?
 
Who knows, it's clear though that it's not. He's under a tremendous amount of pressure from the GOI for the dwindling reserves, people under pressure do weird things.
 
You asked for enlightenment regarding the difference between Net Foreign Assets and Foreign Currency reserves, please see below:
 
What are 'Net Foreign Assets (NFA)'
 
Net foreign assets (NFA) refer to the value of overseas assets owned by a nation, minus the value of its domestic assets that are owned by foreigners, adjusted for changes in valuation and exchange rates. A nation's Net Foreign Assets (NFA) position is also defined as the cumulative change in its current account over time.
 
The net foreign assets position indicates whether the nation is a net creditor or debtor to the rest of the world. A positive NFA balance means that it is a net lender, while a negative NFA balance shows that it is a net borrower.
 
An alternative definition of “Net Foreign Assets” from the World Bank is that it is the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities.
 
and:
 
DEFINITION of 'Foreign Exchange Reserves'
 
Foreign exchange reserves are reserve assets held by a central bank in foreign currencies, used to back liabilities on their own issued currency as well as to influence monetary policy.
 
I'm not sure what the Armenian link was for but it's clear that the NFA doesn't cover M0 money supply, here's the links for the above definitions:
 
http://www.investopedia.com/terms/n/net-foreign-assets-nfa.asp
 
http://www.investopedia.com/terms/f/foreign-exchange-reserves.asp
 
Enorrste, what are your thoughts, is the dinar, or will it be in the next 20 years, considered a "hard currency?" -- Stay grounded...
 
mexia74:   Seems to me as an accountant that what is going on with this back and forth argument is the mixing of apples and oranges.  You either need to talk about the CBI balance sheet or the GOI balance sheet.  When you start to commingle the two is when it gets confusing. 
 
The latest CBI audited balance sheet that is available to the public is 2015.  That balance sheet shows issued currency of 38.585 trillion dinar.  Best I can tell from the footnotes to those audited financials, is that assets reserved in a foreign currency (mainly US dollars)  exceeds issued currency by more than 100%.
 
 Therefore Saleh, Keywords or whomever could truthfully say that there is more than 100% coverage by the CBI.  I don't recall anyone ever saying that the Iraq's (GOI) M0 coverage was 100%.  The CBI is responsible for the issued currency, not the entire money supply.
 
Punisher:    Mike, to answer your question in a nutshell....I think the dinar will be on the rise in the near term. That is my opinion. The CBI has been busy and Mosul will no longer be a factor. We shall see....
"The Guilty Will Be Punished"
 
Mike:   I think we all agree that the dinar will rise in value. Becoming a hard currency is a whole different ball game. Stay grounded...  

Enorrste:    Mike, I agree with Mexia74. Each of us is looking at a different set of numbers. In any case, I would personally take Keywords at his word, regardless of the numbers.
 
Saleh's statement is sort of like Trump's "I hope" statement. "Like a hard curency" is not the same as "world reserve currency" in my view.
 
From the alternative definition you gave on Net Foreign Assets it is clear that the World Bank refers only to "monetary" assets (as opposed to owning a company abroad, for instance). Therefore, the term refers to essentially the same thing as "reserves" in my view. I fail to see a significant difference in the terms. I guess I am just dense.
 
I believe that, unless Planet X wipes us out in the next year or so, the dinar will become a world recognized currency. When is another question entirely. I started this over 10 years ago and am still waiting for it to just start, let alone finish.
 
Mike:    lol, I know you're not dense, Enorrste. For me, the NFA is a measuring stick for assets abroad, the reserves are used to back liabilities on the issued currency. I too agree the dinar will be a world recognized currency, but not a hard currency. That's my problem with folks like Saleh, they stretch the truth and stray from the facts. Does he do it all the time? No. But he does it often enough to damage crediblity and require fact checking his statements.
 
Like you, I'm ready for these guys to get to work. No matter how we slice it, the reserves are dwindling and if they don't address the economy soon, there's going to be even bigger problems. You're one of the reasons I love DA, as well as other contributors.
 
We're able to have an educated debate about the details without someone ranking your comment as positive or negative, most here are searching for the truth, even when it gets thorny at times.    Stay grounded..
.

~BREAKING~ Just In From WSOMN Senior Guru SANDNSEA! 6/19/17



I had a message from the
person I'm following with the
SKR stating its going this week and that text was at 1 am

Wang Dang & Miss Kitty Iraq Dinar Call

KTFA UPDATED, 19 JUNE

Aggiedad77:  I am so looking forward to the CC tonight, come for the info-mercials and stay for the "dessert" that Frank will serve afterward, I do not see anyone being disappointed from either side of the event.  These Monday CC's are building in their magnitude....and with a just reason IMO.....we all have a good idea what is coming.....we just don't know when....or for how much....

Why.....because we don't give dates or rates here......but we can sure offer a STUDY here like no other found on the internet IMO....if you are here, you are a part of the cream of the crop.....best of the best in my book.....tonight will be another reason to be thankful to God for where He has led you......

Pay attention to Frank's message tonight and learn from it......grow from it.....pray that a new journey is on the horizon for you and will be all over you before you know it.....the BEST is coming.....it can be felt in so many ways.....be ready....be prepared in all that you do......yes I will do doing notes for this CC tonight.   Aloha    Randy


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Upstart:  Guess what ?  (Double Auctions again)

Currency Auctions

Announcement No. (3468)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 20/6/2017 that performed on 19/6/2017 

Cleitus:  Bring it on CBI!

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LoneStarCowboy:  ~~Interesting.....Abadi is in Saudi Arabia today and Kushner travels Wednesday to the Middle East~~

Even though the "emphasis" is on peace between Israel and Palestinian, the article states, " It's likely, the official says, that Kushner will make a number of visits to the region."

President Trump set up the "Deal" , he has sent his son-in-law to work on the implementation of the "Deal".

CBS NEWS June 19, 2017, 6:44 AM

Jared Kushner to travel to Middle East

President Trump's son-in-law and senior White House adviser, Jared Kushner, will be traveling to Jerusalem and Ramallah this week to help advance Middle East peace, CBS News confirms.

A White House official said that Kushner will hear directly from Israeli Prime Minister Benjamin Netanyahu and Palestinian leader Mahmoud Abbas. The trip was first reported by the Wall Street Journal. Kushner is scheduled to arrive in Israel Wednesday. It's likely, the official says, that Kushner will make a number of visits to the region.

According to the Journal, the White House does not expect major breakthroughs during Kushner's Middle East trip.

http://www.cbsnews.com/news/jared-kushner-to-travel-to-middle-east/

BigLight3:  I heard about Kushner's trip to Israel as well on FoxNews this morning...I could see Jared making a secret side trip to Iraq on the way back to Washington DC...shhhhhhhh
 
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Samson:   How Iraq and Syria will need to rebuild the war-ravaged and where the money will come

 2017/06/15 21:24

As for Iraq, the financial situation it is very difficult, different circumstances, the central government needs to reorganize its institutions and activated, in order to ensure that oil exports will return to the public treasury.

Iraq, of course, over many years of more wars than passed by Syria, since 1980, and Iraq in a permanent war, either with its neighbor Iran, or in a state of war in Kuwait, or in the case of economic sanctions contributed to the infrastructure and the destruction of metadata. 

Finally, since 2003, the year of the invasion of the United States and its allies to Iraq and topple its political system, and Iraq in a state of permanent destruction of institutions, economic, social, cultural, educational and banking systems. 

Since the receipt of power, making the Prime Minister, Dr. Haider al-Abadi, estimated effort to rid Iraq of its crisis amid a heavy legacy of corruption and encroachment on the circuit, fragmentation, and the war against terrorism.

Although the estimates required for the reconstruction of Iraq to positive growth rates of real not available clearly funding, but these amounts will not be less than in any $ 300 billion, in order to make Iraq able to resume production, and the connection between its parts, and restore momentum to the institutional work in both sectors, public and private.

These funds will not only come if returned, at the beginning, the revival of oil and gas production in the two countries, and to ensure the safe ways exported and means to implement sales contracts.Therefore, ensuring the safety of oil and gas wells, and the safety of ports, or pipes, remain the basic requirement to enter into long-term contracts with buyers.

If Iraq succeeds in raising its oil exports to more than 4 million barrels per day, and managed to export gas at a rate of one billion and a half billion cubic feet per day, the outcome of its income from articles will rise, according to current prices, to about $ 90 billion annually. 

Iraq had industrial production in various fields. The percentage contribution of industry to GDP in 2016 amounted to 64%. Therefore, the recovery will restore momentum to the oil industry sector. LINK

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AnimatedRock:    UPDATED  JUNE 19 @ 8:30 AM CST

JUNE 18 - SUN
CBI - AUCTION DONE
Internet Shut Down 7-8am
LOTS OF NEWS
 
JUNE 19 - MON
CBI – AUCTION DONE
NEWS - NEWS – Abadi leaves for Saudi – POST 119 – Samson (6-18)
Internet shut down 7-8am
 
JUNE 20 – TUE
CBI – AUCTION DONE
Internet Shut Down – 7-8am
 
JUNE 21 – WED
CBI – OPEN
Internet Shut Down  7-8am
 
JUNE 22 – Thur
CBI- OPEN
Cancelled Day on CBI SS
Last day Internet shut down 7-8am


JUNE 23 - FRI
CBI – CLOSED
Internet uninterrupted

JUNE 24 – SAT
CBI - CLOSED
EID Al-Fitr Begins
Internet uninterrupted

JUNE 25 – SUN
CBI – OPEN
ISX – CLOSED
Internet Uninterrupted

JUNE 30 - FRI
CBI - CLOSED
NEWS - Last day for ESCROW funds to be released - ut
Internet is uninterrupted

NEW THOUGHTS

So as I am thinking, I go back to some things I have been mulling over for a couple days now, and some answers in Q&A and TC that have been puzzling me, as they didn’t fit into my timeline how I was perceiving it.

The main idea that I began at was “they did something that benefited them

So I began thinking, “what could they do that would benefit them, without benefitting us as well?”

So as my mind wandered, I began to think of all of the dates that have been adding up recently.

22nd is the last day that the internet is out from 7-8am. There is another event that happens this day as well, if you have researched.

There is the 25th, and all that corresponds to it that we learned on the TC. The 25th is also the day that the ISX begins to be closed. There is another event that happens this day as well, if you have researched.

(until I get the OK to post any of that info, you’ll have to either remember or go look it up. Frank, if it’s ok to put it here, please let me know)

So I am thinking to myself. If I was Iraq, and my currency was about to be worth more, I might want a week to let things balance out after my currency hits the world. It would be kind of a “hammer” effect on the stock exchange the first week. (for those of you who don’t know how water hammer affects pipes, here’s a fun article that might connect the idea in your mind) It would also give the exchange time to reset all their pricing.

If I am about to revalue my currency, I might also want a week that I don’t have to do auctions of any sort, to let my citizens bring in their now worthless dollars (as Frank eluded to, they are “dead in their hands” after the RV) and get their lower denoms. Which would be submitted into the books and deposited either on the same day or very close to the same day as the RV. Because you NEED lower denoms ready to go to RV, and you need to RV to HAVE the lower denoms, because otherwise they are worthless to your bank.

So if I wanted to buy an extra week in June, maybe I’d need to buy some extra auctions. Maybe a week or more’s worth of auctions . . . as to clear up that final “holiday week” that they’ve been broadcasting for forever.

So I get everything done that I need to get done for the year BEFORE the 22nd (keep in mind this is the LAST day that the internet is out from 7-8am) The 22nd is a Thur, the last day of their week. EID begins the 24th. The 25th is the first day ISX is closed and the day their banking week begins on a Sunday.

The ISX is closed until the 2nd of July effectively. Because of the weekends. That means they do not re-open until the 2nd half of the fiscal year.

 
In my eyes, if I wanted to RV, and not have to do 4 days worth of book-keeping at a new rate, I go on holiday. So I can start my books off 2nd half of the year, fresh, and with all new sets of numbers. AND I can also have a week to iron out any bugs, or see what happens internationally with my currency that week, w/o it affecting my stock market.

So, let’s just say that I’m Abadi, and I’m working with the CBI, sometime between Mon & Thur I announce Mosul liberated, IMO, Thur seems like a good day to do it, because it’s the end of the week, and I can do as I promised. I can connect the celebration to EID celebration without ticking off my clerics and running into the holy days.

I can tell the CBI to go ahead and make the announcement to the citizens, “hey! Everything we’ve been educating you guys on, we’re doing it over the weekend. You have the most PP you’ve had in over a decade, and it’ll be ready to go by Sunday morning.” CBI picks up the phone and calls IMF and says, “hey you, dis me. Yeah, we do it. Yeah, we good. Yup, we can push button. You ready? We ready.”

Meanwhile, over in the USA, we sleep in our beds, and wake up to tons of articles by our best newshounds ever, Samson and don961, that the celebration is going on, Mosul is announced. We wonder, when is the rate coming? Frank said lightning fast.

So Friday, their bank is closed. The IMF has the number, and they know that they are done. The buttons are pushed, the timer is set. Saturday night at midnight, it will automatically publish to the world.

Saturday comes and goes, we see all the celebrations with bated breath.


Sunday morning. Iraq wakes up. (they were up late partying, so it’s like 9am). They see a LONG line at the bank. What’s going on? Oh yeah, they have the LDs now. Better get in line.

We see it in America, oh darn. We have to wait until the 26th to do anything, Hmmm. That fits in Frankie’s dates of 26-30. And oh yeah. They’re not in Chapter 8 any more. Which means they beat the escrow date of the 30th! Yay!

Frank goes to Hawaii, all KTFA members either stare at walls for 30 mins, or cry, or jump, or scream. AND ALL KTFA MEMBERS PRAISE GOD FOR HIS PERFECT TIMING!!

I got a little extravagant there at the end, but hey, it could happen ya know. And as always, this is IN MY OPINION ONLY!!!

LETS SEE HOW MUCH OF THIS COMES TRUE THROUGHOUT THE WEEK. I WILL UPDATE MY THOUGHTS AS NEWS COMES IN AND EXPAND UPON IT.

THANK YOU TO ALL THE NEWSHOUNDS AND ARTICLE POSTERS!! I HAVE SIMPLY COMBINED YOUR HARD WORK INTO ONE PLACE!!! I DID NOT FIND THESE ARTICLES, YOU DID!!
Wes101: OMG!!! OMG!!! OMG!!!

THIS IS THE GRAVE SURRENDER KIM CLEMENT WAS PROPHESYING ABOUT!!!!!!!!!!!!!!

Samson:  Dozens of terrorists surrender to security forces in Mosul

today I believe - no date

A security source in the city of Mosul, the Nineveh province and the center of the second largest city in Iraq, Monday, that dozens of terrorists surrendered to security forces in the right side.

"The next few hours will monitor the area and will be announced in full Thariralamousel and will raise the Iraqi flag over the lighthouse of humpback"

  http://www.alwast.net/arabic-news/article-1276892

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Sistah:  This is what I found:

Here's the prophecy from Kim Clement regarding "surrender" and the Dinar: (AWESOME!)

July 18th, 2015 - From The Den

A promise has come to me very clearly that over the Middle East and specifically over Iraq and those regions, something has opened up. Now, somebody says, "Well, what does that something mean?" It means there are people, not praying in America necessarily, but in Iran, in Iraq, in those regions, God has heard the prayers of the Christians on that territory where there is blood being shed.

As a result of it, and this came to me, just came to me two days ago, three days ago, that there will be provision for the world because of what's opened up over the Middle East. Now that sounds crazy, I know, because there's so much wickedness going on with the leaders there. That doesn't matter.

 So God spoke about the fact that there would be blessings that would come as a result of their prayers being answered. As a result of it, there will be a surrender. There will also be a financial issue concerning the dinar that I clearly heard because of this opening up as well.

So the angel of God appears to Gideon and Gideon hears the promise where God says, "I'm going to free you from the stronghold of the Midianites after seven years." After seven years of America being under the cloud of judgment and depression and America being for seven years in a state where it has had no freedom and no liberty, that is coming to an end. That is the promise that God has just given.

The Spirit of God is speaking now over the region of Iraq, over the region of Iran, over the regions of the Middle East and southern Asia. The earth has shaken and shall shake again. But God said I am speaking that I may release resources, and there will be a grave surrender that will take place in the months to come.

I want to free you, every one of you, My people, to be able to stretch out their hand to the lonely, to the hungry, to the poor, and feed them and clothe them. This is My desire, says the Lord. Therefore, there shall be a break in the financial system in the Middle East, the dinar. And then he shall say, "Why? Why now?" And God said, when things seem at their worst, I shall bring it forth and I shall free them up.

There shall be a prosperity in a place where you least expect it. The prayers of My people in Iran and the prayers of My Christian people that have come forth from Iraq and from Palestine - yes Palestine - and even those regions, I will hear their prayers and I will do something marvelous and will affect this nation, says the Lord.

 You put your hand in the hand of Iran? I say to you, I will remove the hand of America out of the hand of Iran, says the Lord, and I will free up My people for the promise is yes and amen. Yes and amen! Yes and amen! Yes and amen!

Something has opened up, and please hear me when I say this. Many people don't see it or even receive it because they say, "Oh, I've heard that before." You'd better listen very carefully because when God declares because of the youth and the prophetic sound in the youth, and there is, believe it or not. The heavens are opening up - not the old system of Eli the high priest, but a new system that will be set up as the result of God releasing a Samuel to the earth.

Your children are important to God. You are important to Him. He's looking to your future

Yosef - "Deadline" - GCR/RV Intel SITREP 6/19/17

The Chinese Elders have given Dunford and Ryan a deadline of 6am EDT to release the RV in the United States.

The Chinese have replacement American leadership ready in case of non-performance.

If Joe and Paul don't pull the trigger, the only explanation would be they have been "gotten to" by the cabal, and thus compromised in some way and in need of replacing.

If they release, it's because they strategically were incredible prudent and waited until the very last second before going.

There is a scenario I'm told whereby they could release before the deadline today's destine, yet still have as much as 24 hours to roll out final implemented strategies for later today.

Many in the military believe Dunford will schedule such last minute changes that way, key decisions only he knows about.

These are serious times. With serious outcomes resting in the balance. And they require serious decisions made by serious men.

Either way, change has been deemed absolute by the world community.

I pray Joe and Paul both have had the patience to wait it out and the judgement to now act in America's best interests.

God is with us.

~HOT, HOT, HOT~ AdminBill Intel Update! 6/19/17

Told we are waiting for a public change in the official value of the IQD. 


Timing not given.

Restored Republic via a GCR as of June 19 2017

A. June 18 2017 8:40 pm EDT GCR Intel Update: Operation Disclosure GCR/RV Intel Update - June 18, 2017 http://operationdisclosure.blogspot.com/

1. Instead of the original release times scheduled for Fri. June 16 and Sat. June 17, the respective incremental steps of Tier 4 have been changed to Sat. June 17 and Mon. June 19.

2. This has caused the Tier 4 (release of 800#s) to be delayed a day.

3. The Global Code needed last night as part of the Republic Release for some reason was not available until late today, Sun. June 18.

4. Instead of going live at 2am EDT Sun. morning June 18, that did not happen until about 7pm EDT tonight June 18.

5. A "live status" is now coming from the East circling the globe moving toward the US West Coast with an estimate of about 8 - 9 hours to get every time zone activated.

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B. June 18 2017 7:49 pm EDT GCR Intel Situation Report: "Act!" - GCR/RV Intel SITREP - Sunday - June 18, 2017

1. Chinese generals (the Elder watchdogs) became comfortable with the Republic's military banking set up only yesterday (not Friday), and offered Dunford and Ryan the option to release after 2am on Sun morning June 18.

2. As of 7pm EDT obviously they haven't yet "taken the shot." Why? Safety. Too much risk of interruption and potential loss of life still, plus the added media attention that comes with chaos--all while trying to remove a sitting USA, Inc. President.

3. Yes, there is still a real safety concern as it relates to cyber attacks on our electrical grids in dense urban centers. The Cabal set up all current electrical grid systems.

4. Truth is they also know first hand there's several more rogue physical attacks planned in urban areas like suburban Virginia; and they have the potential of being way more casualty severe and socially disruptive.

5. There have been several electromagnetic pulse attacks over the last two weeks (surges) and a few did real damage structurally, which have since been repaired, and if a more powerful surge or unknown threat exists, theoretically, we'll handle it. Nothing will stop the RV in these United States once it has started.

6. They can't stop the global reset this week, as the USA would suffer severely via international penalty. Countries want their money.

7. Should make for an interesting Sunday evening into Monday morning.

8. Hey, at least it's on American decision makers now to release the RV at such a late juncture. That's positive. Because the RV is no longer yours to hold.

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C. June 18 2017 7:28 pm EDT Official GCR Announcement June 11 2017 Tank: GCR Announcement: Directive of the Global Funder HRH, TVM-LSM-66 (Transcription)

1. My name is Melvin Ouano, Director General of Alpha Omega World Development Marshall Programme. I’m here with the Chairman of Alpha Omega World Development Marshall Programme and the Supreme Commander of the bureau of Central Interpol, His Royal Highness Tiburcio Villamor Marcos Tallano Tagean IV (codename TVM-LSM-666).

2. It’s been overdue that the urgent marshaling with global monetary system of Central Banks of Central banks of the world. We are bankrolling the world of central banks.

3. We are officially launching the global reset of the monetary systems of the Central Banks agreed by world presidents and premiers, kings and queens, princes and princesses and all the (34) regulatory and bureaus and commissions.

4. This is indeed using all the assets, all of the gems, such as diamonds and platinum, that we have.

5. This has been signed, agreed through ministerial, diplomatic with amity of understanding and agreements. And all kinds of gents signed and sealed through the regulatory bureaus and commissions such as, to name a few: The Committee of the 300, The Trilateral Commission, The Bilderberg, The Financial Task Force, The World Bank Group, administered now by the International Monetary Fund globally, The Federal Reserve, The U.S. Treasury though The Bureau of Engraving and Printing Archives, United Nations Development Program, The United Nations International Security Council, and all the ECOSOC members, UNIDO, UNITAD, The World Health Organization, UNICOR which is the commission on Refugees, and The World Bank Group.

6. We are signaling a total mechanism and will back it up with a quantum etherium block chain, centralized autonomous mechanism as our form of a governance on a year-to-year agreement to avoid any malfeasance or to avoid any wrongdoing. The whole world will be in peace.

7. We are formatting the global ECOSOC under Articles 51, 53, and 63. So, in passing, we are ready, willing, and able to bankroll The Millennium Centurion Bank of the World using the global asset.

8. Visit our Facebook page, #ALPHAOMEGAWORLD, or you can search it through Google: “Alpha Omega World Development Marshall Programme.”

References:

HRH. TVM-LSM-666 Directive to World leaders as a global funder with codename: TVM-LSM-666, TITULAR DECREE 010-22-74-O-A & TRILATERAL CODE: 5432110110 (June 11, 2017)http://aoworldmarshall.blogspot.com/2.

Global assets of the royal family clan under the code of King of Recognized Asset Nations (K.O.R.AN) http://aoworldmarshall.blogspot.com/2.

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D. June 18 2017 4:59 am EDT Real Truth Call Replay of Fri. June 16 Yosef: Real Truth Call Replay w/ Yosef 6-16-17 https://fccdl.in/CKmeql07A Intel 60 min. mark.

There is a firm time set for the GCR. No one knows when it is, but once they start they will not stop.

June 10 is when the GCR really happened, but there was a hard time set for release before the end of Ramadan June 27-30.

Yosef was told the release could happen:

a. When all banks around the globe were closed - Sat. evening after 8 pm EDT

b. When all banks around the globe were open for the week - Tues. morning 9 am EDT

c. Sunday around 2 am EDT was considered a healthy time.

8. Yosef has been told it would go at night when there was the lowest Internet traffic.

9. For reasons of safety the military was now in control of Exchange Centers .

10. Rates on every currency was well into double digits.

11. They won't announce the international rates for the general public until they formally announced the GCR (which was scheduled for mid summer some time).

12. On debt: From now on you would create your own debt, but it will not be forced upon you through high interest rates.

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

E. June 18 2017 WSOMN SandnSea: GREAT NEWS From WSOMN Junior Guru SandnSea, 18 JUNE I just got a very personal phone call. Keep your phones charged and get your rest. You will need it. There will be a lot of activity this coming week.

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

F. June 18 2017 7:03 pm EDT Status Report One Who Knows: "Dinarland Status Report: Update" - One Who Knows - 6.18.17

1. The NPTB know EVERY Cabal Agent, Minion, and Troll. They were identified with a take down strategy in place.

2. There were "Plans" to milk Currency redeemers after the GCR through "Free Legal Services" that would be offered. DO NOT USE ANY OF THESE SERVICES AFTER THE RV. Instead, use the Family Office, services offered by your own Personal Wealth Manager, and/or your own Bank. These people have your best interest in mind and will offer these services free to you. DO NOT TRUST ANY OUTSIDERS with your financial information. To be clear, it doesn't mean that you can't or shouldn't hire your own CPA, or other professional, it just means that the "Pop Up" services that will be showing up after the GCR are suspect. TRUST your Banker/Wealth Manger first, and VET (Check Out) EVERYONE ELSE. You have a lot to lose.

3. A recent post by Yosef discussed an executive order declaring anyone who interrupts the GCR will be guilty of an "Act of Treason" against the USA. "EO" - GCR/RV Intel SITREP - Saturday - June 17, 2017

4. The Execuitive Order (signed last Fri. June 16) places all redemption call center personal, exterior and interior security staff, even all table top banking representatives under emergency Marshall Law guidelines which set legal precedent for military prosecution during the duration of the RV event.

5. Since they want to announce the Republic on the 4th of July, I expect that we will have some GCR action very soon.
 
Operation Disclosure GCR/RV Intel Update - June 18, 2017
This is an intel update of the current situation regarding the GCR/RV as of June 18, 2017. - OD
 
The Global Code needed last night as part of the Republic Release that for some reason was not available until late today, Sunday.
 
So, instead of going live at 2AM Sunday morning, that did not happen until about 7PM tonight.
 
A "live status" is now circling the globe moving from the US West Coast with an estimate of about 8 - 9 hours to get every time zone activated coming from the East.
 
This has caused the Tier 4 to be delayed a day.
 
So, instead of the original the release times on Friday and Saturday, it will now be for each of the respective incremental steps of Tier 4 taking place on Saturday and Monday.

KTFA: ANIMATEDROCK POST, 19 JUNE

AnimatedRock:  So as I am thinking, I go back to some things I have been mulling over for a couple days now, and some answers in Q&A and TC (Team Chat)  that have been puzzling me, as they didn’t fit into my timeline how I was perceiving it.

The main idea that I began at was “they did something that benefited them

So I began thinking, “what could they do that would benefit them, without benefitting us as well?”

So as my mind wandered, I began to think of all of the dates that have been adding up recently.

22nd is the last day that the internet is out from 7-8am. There is another event that happens this day as well, if you have researched.

There is the 25th, and all that corresponds to it that we learned on the TC. The 25th is also the day that the ISX begins to be closed. There is another event that happens this day as well, if you have researched.


(until I get the OK to post any of that info, you’ll have to either remember or go look it up. Frank, if it’s ok to put it here, please let me know)

So I am thinking to myself. If I was Iraq, and my currency was about to be worth more, I might want a week to let things balance out after my currency hits the world. It would be kind of a “hammer” effect on the stock exchange the first week. It would also give the exchange time to reset all their pricing.

If I am about to revalue my currency, I might also want a week that I don’t have to do auctions of any sort, to let my citizens bring in their now worthless dollars (as Frank eluded to, they are “dead in their hands” after the RV) and get their lower denoms.

Which would be submitted into the books and deposited either on the same day or very close to the same day as the RV. Because you NEED lower denoms ready to go to RV, and you need to RV to HAVE the lower denoms, because otherwise they are worthless to your bank.

So if I wanted to buy an extra week in June, maybe I’d need to buy some extra auctions. Maybe a week or more’s worth of auctions . . . as to clear up that final “holiday week” that they’ve been broadcasting for forever.

So I get everything done that I need to get done for the year BEFORE the 22nd (keep in mind this is the LAST day that the internet is out from 7-8am) The 22nd is a Thur, the last day of their week. EID begins the 24th. The 25th is the first day ISX is closed and the day their banking week begins on a Sunday.

The ISX is closed until the 2nd of July effectively. Because of the weekends. That means they do not re-open until the 2nd half of the fiscal year.

In my eyes, if I wanted to RV, and not have to do 4 days worth of book-keeping at a new rate, I go on holiday. So I can start my books off 2nd half of the year, fresh, and with all new sets of numbers. AND I can also have a week to iron out any bugs, or see what happens internationally with my currency that week, w/o it affecting my stock market.

So, let’s just say that I’m Abadi, and I’m working with the CBI, sometime between Mon & Thur I announce Mosul liberated, IMO, Thur seems like a good day to do it, because it’s the end of the week, and I can do as I promised. I can connect the celebration to EID celebration without ticking off my clerics and running into the holy days.

I can tell the CBI to go ahead and make the announcement to the citizens, “hey! Everything we’ve been educating you guys on, we’re doing it over the weekend. You have the most PP you’ve had in over a decade, and it’ll be ready to go by Sunday morning.”

CBI picks up the phone and calls IMF and says, “hey you, dis me. Yeah, we do it. Yeah, we good. Yup, we can push button. You ready? We ready.”

Meanwhile, over in the USA, we sleep in our beds, and wake up to tons of articles by our best newshounds ever, Samson and don961, that the celebration is going on, Mosul is announced. We wonder, when is the rate coming? Frank said lightning fast.

So Friday, their bank is closed. The IMF has the number, and they know that they are done. The buttons are pushed, the timer is set. Saturday night at midnight, it will automatically publish to the world.

Saturday comes and goes, we see all the celebrations with bated breath.

Sunday morning. Iraq wakes up. (they were up late partying, so it’s like 9am). They see a LONG line at the bank. What’s going on? Oh yeah, they have the LDs now. Better get in line.

We see it in America, oh darn. We have to wait until the 26th to do anything, Hmmm. That fits in Frankie’s dates of 26-30. And oh yeah. They’re not in Chapter 8 any more. Which means they beat the escrow date of the 30th! Yay!

Frank goes to Hawaii, all KTFA members either stare at walls for 30 mins, or cry, or jump, or scream. AND ALL KTFA MEMBERS PRAISE GOD FOR HIS PERFECT TIMING!!
 
I got a little extravagant there at the end, but hey, it could happen ya know. And as always, this is IN MY OPINION ONLY!!! HFD KTFA! 

 I would love it if Militia Man wanted to give his two cents, or anyone else for that matter!!

If you want to see how the numbers all line up to, I suggest you read the post today from Peggy68, she is an amazing analyst and I am proud of her work and the time she has taken to lay everything out there and give glory to our father!!

As always, I want to thank Frank, Tink, the Admins, Teams, Newshounds and Members. None of us work alone. None of us is an Island. But mostly I want to thank my heavenly Father. Because without Him. We truly are NOTHING. Blessing and Honor and Glory and Power forever to YHWH!!

Peggy68: My analysis no matter how absurd it may sound is this. I feel CBI removed their first 0 on March 29th and they removed the other 2 (00’s) June 11th. In my opinion, all three 000’s have been removed and with all my heart and soul that’s burning especially after I let those 3 (000’s ) escape that we are waiting for the next great event to come very soon. By the way Wednesday June 14th had a rate in the $2 range.   IMO we could see a rate between now and the latest on Forex June 26th.

BeagleEyes Confirms Exchanges!, 19 JUNE

BeagleEyes

Hi Sunnysplace! Another member in here has a friend that has exchanged, just FYI

Dollar: I did not have the facts but if I did I could not share. Sorry but it is from a highly reguarded member in here. No more questions please

BRUCE TIDBIT, 19 JUNE

We are basically towards the end of this ride. 

 My sources are my own...We get info direct from Iraq and other parts of the world.  Years ago, you remember that the Dinar was set up to become an oil for credits trade situation...For the purchase of oil. US Treasury invested heavily in Iraq, in terms of war effort and regaining sovereignty. It has always about the oil as backing the value of the currency. 

 Since then, we know that gold and other precious minerals have been abundant in middle east.  Dinar was $3.22 when the value of oil was $18/bbl.  Value of dinar has gone up with value of oil.  We know that the Qi cards indicate that the value of the Dinar is 4-5 times the value of the USD. That price has gone up over months and days.

 Iraq has been doing some things like shipping oil, thru an arrangement with OPEC, to ship an unlimited amount of oil for 90 days, and that started a week ago. They have been shipping massive amounts of oil now, getting more income.  All of these nations are taking order now of Iraqi oil. We took some in last night, 3 out of 8 tankers.

 How do we do that without knowing the price of the oil? 

 That is the result of that agreement from years ago, coming thru.  We understand that over the next 36-48 hours, we should receive 200 Million bbl of oil.  That sets it up to establish a rate for the dinar...and a higher official rate should be posted on the CBI. 

 When we combine that with what else we are hearing, it makes us appear to be in a very good place. A very good place for currency holders to begin to do their exchanges.  We are almost at the end of the ride. 

Delta and Frank announce that Iraq is just waiting to go international, 19 JUNE

DELTA : [Why is the CBI training new personnel in July (July 2 to 20th)?]   


 They will need more employees. IMO -- They are ramping up. Business inside of Iraq will increase. 


Article 8 will help with everything increasing. 


They are expecting more and more business coming to Iraq
~~~~~~~~
  ...there are about 5 benchmarks they must comply with (with the IMF) to go International.  This should make you more and more happy! 


The World Bank, IMF, US Treasury...they are very strict!   Iraq is just waiting to go international.

06.17.2017


And Frank agrees


 Frank26  


 What is the new purpose of auctions...(piggyback).   IMO – it’s because they are about to go international.

PD Forum News Excerpts & Highlights Sunday AM 6-19-17

PD Forum News Excerpts & Highlights Sunday AM 6-18-17

MrsClassy:    PetroDollar System In Trouble As Saudi Arabia Continues To Liquidate Foreign Exchange Reserves

 
Posted by SRSrocco in Energy, News on June 16, 2017 --
Petro-Dollar-FIMAGE2.png?x65756
 
The U.S. PetroDollar system is in serious trouble as the Middle East’s largest oil producer continues to suffer as the low oil price devastates its financial bottom line.  Saudi Arabia, the key player in the PetroDollar system, continues to liquidate its foreign exchange reserves as the current price of oil is not covering the cost to produce oil as well as finance its national budget.


The PetroDollar system was started in the early 1970’s, after Nixon dropped the Gold-Dollar peg, by exchanging Saudi Oil for U.S. Dollars.  The agreement was for the Saudi’s only to take U.S. Dollars for their oil and reinvest the surpluses in U.S. Treasuries.  Thus, this allowed the U.S. Empire to continue for another 46 years, as it ran up its ENERGY CREDIT CARD.
 
And run up its Energy Credit Card it most certainly did.  According to the most recent statistics, the total cumulative U.S. Trade Deficit since 1971, is approximately $10.5 trillion.  Now, considering the amount of U.S. net oil imports since 1971, I calculated that a little less than half of that $10.5 trillion cumulative trade deficit was for oil.  So, that is one heck of a large ENERGY CREDIT CARD BALANCE.
 
Regardless… the PetroDollar system works when an oil exporting country has a “SURPLUS” to reinvest into U.S. Treasuries.  And this is exactly what Saudi Arabia has done up until 2014, when it was forced to liquidate its foreign exchange reserves (mostly U.S. Treasuries) when the price of oil fell below $100:
 
Saudi-Arabia-Foreign-Reserves-vs-Oil-Pri
 
So, as the price of oil continued to decline from the mid 2014 to the latter part of 2016, Saudi Arabia sold off 27% of its foreign exchange reserves.  However, as the oil price recovered at the end of 2016 and into 2017, this wasn’t enough to curtail the continued selling of Saudi’s foreign exchange reserves.  The Kingdom liquidated another $36 billion of its foreign exchange reserves in 2017:
 
Saudi-Arabia-Foreign-Currency-Reserves-A
 
According to the Zerohedge article, Economists Puzzled By Unexpected Plunge In Saudi Foreign Exchange Reserves:
 
The stabilization of oil prices in the $50-60/bbl range was meant to have one particular, material impact on Saudi finances: it was expected to stem the accelerating bleeding of Saudi Arabian reserves. However, according to the latest data from Saudi Arabia’s central bank, aka the Saudi Arabian Monetary Authority, that has not happened and net foreign assets inexplicably tumbled below $500 billion in April for the first time since 2011 even after accounting for the $9 billion raised from the Kingdom’s first international sale of Islamic bonds.
 
….. Whatever the reason, one thing is becoming clear: if Saudi Arabia is unable to stem the reserve bleeding with oil in the critical $50-60 zone, any further declines in oil would have dire consequences on Saudi government finances. In fact, according to a presentation by Sushant Gupta of Wood Mackenzie, despite the extension of the OPEC oil production cut, the market will be unable to absorb growth in shale production and returning volumes from OPEC producers after cuts until the second half of 2018.

Specifically, the oil consultancy warns that due to seasonal weakness in Q1 for global oil demand, the market will soften just as cuts are set to expire in March 2018.
 
The Saudi’s have two serious problems:
 
As the Saudi’s cut their oil production due to the OPEC agreement, the U.S. shale energy companies ramp up production because they are able to produce oil by shifting any losses to Brain-Dead investors looking for a higher yield. 

This destroys the ability for OPEC to drain global oil inventories, so the oil price continues to trend lower.  Which means the Saudi’s may have to liquidate even more foreign exchange reserves in the future on lower oil prices.  Rinse and Repeat.
 
The Saudis are planning a 5% IPO – Initial Public Offering in 2018 of their estimated $2 trillion of their oil reserves and are hoping to get $200 billion.  However, energy analysts Wood Mackenzie estimates that the value of the reserves are more like $400 billion, not $2 trillion. 
 
This is due to all the costs, royalties and 85% income tax to support the Saudi Government and the 15,000 members of the Royal Saudi Family.  Thus, Wood Mackenzie doesn’t believe there will be much in the way of dividends left over.
 
That being said, I highly doubt the Saudi’s have the 266 billion barrels of oil reserves stated in the new 2016 BP Statistical Review.  The Saudi’s produce about 4.5 billion barrels of total oil liquids per year.  Thus, their reserves should last them nearly 60 years.
 
Now… why on earth would Saudi Arabia sell a percentage of its oil reserves if it has 60 more years of oil production in the future????  Something just doesn’t pass the smell test.  Is it worried about lower oil prices, or maybe it may not have all the reserves that it states?
 
Either way… it is quite interesting that Saudi Arabia continued to liquidate its foreign exchange reserves in April even though the price of oil was above $53 for the majority of the month.  I believe the Kingdom of Saud is in BIG TROUBLE.  That is why they are trying to sell an IPO to raise much needed funds.


As Saudi Arabia continues to liquidate more of its foreign exchange reserves, it means serious trouble for the PetroDollar system.  Again… without “SURPLUS” funds, the Saudi’s can’t purchase U.S. Treasuries.  Actually, for the past three years, Saudi Arabia has been selling a lot of its U.S. Treasuries (foreign exchange reserves) to supplement the shortfall in oil revenues.
 
If the oil price continues to trend lower, and I believe it will, Saudi Arabia and the PetroDollar system will be in more trouble.  The collapse of the PetroDollar system would mean the end of the U.S. Dollar supremacy and with it, the end of gold market intervention.
 
https://srsroccoreport.com/petrodollar-system-in-trouble-as-saudi-arabia-continues-to-liquidate-foreign-exchange-reserves/
 
MrsClassy:   Cant stress enough, re=value happens, have your game plan on!
 
Ms.tisdale:    Do you still think we are close?
MrsClassy:   Yes mam, I do!
 
Pacificpalm:    So ready, socks and shoes on stand by!!!!  CARPE READY!!!!
 
Floridian:    Great advice, Mrs. Classy.  :)  We all have a lot to consider if the dollar falls.
 
Blessed2017:     MsClassy, We know you are not a financial advisor, but what are 3 top things people need to do now to prep?
 
MrsClassy:   OK,,here I go.
 
1. Trust no one, legal advice is great, but, you be in control in the direction you want to go.
 
2. Invest in Tangible products, A tangible investment is something physical that you can touch. My direction, small increments of Gold and Silver, in my possession. You say you dont have a safe that big, Buy a bigger one.
 
3. I will be shopping for large rental complexes, that are in financial trouble , to get the best deal, not only for a return on my investment, but to have a home for broken families, run by broken families, be a shrewd but respected business person, they dont want your offer, theres another one right around the corner.
 
You know the one thing Ive learned on this journey, is who my friends really are, Do I trust them, Nope! I will not boast or tell anyone, of our new found wealth, I will have a Trust put together, with directions of what I want.
 
Im writing this in simple terms. One other thought, if the rate comes out at say 1 to 1, I will exchange enough to get the plans put into place in hopes of seeing a higher value, trust me I wont be playing Iraq's Hide and Seek game, Ill watch and set my time limit.
 
Friends these are just my thoughts, If you are a believer you will understand this next statement, we are in a spiritual warfare, seek, wisdom and Guidance from, the Good Lord up Above.
 
Take this FWIW, Im no genius or financial advisor, Im just me, and I know what Im going to do.
 
Blessed2017:   This is SPOT ON!!!
 
Newgm:  My plan is still to buy silver and gold.  Protection for worthless currency!
 
Floridian:     Tyler Durden - 4/27/17  Unfortunately, today the gold price is being based on the energy in oil.  However, when the oil industry collapses, there is nothing to replace it.  Thus, the value of most paper assets will plummet.  Gold and silver will become stores of economic energy because the world was brainwashed into believing PAPER ASSETS will always retain their value…. not so.
 
MrsClassy:   Iraq ranked 37th among 100 countries in gold reserves
(IraqiNews.com) Baghdad – World Gold Council revealed on Saturday, that Iraq’s reserves of gold amounted to 89.8 tons, emphasizing that it represents 4.6 percent of Iraq’s reserves of foreign currency.
 
World Gold Council said in statistics published for the month of January 2016, and followed by IraqiNews.com “Iraq’s reserves of gold remained stable and did not change, reaching 89.8 tons,” noting that, “This amount represents 4.6% of its reserves of foreign currency.”
 
The council added, “Iraq did not buy gold since April 2014, in which it bought 15.16 tons,” indicating that, “Iraq is ranked the 37th among 100 countries, which has reserves, according to Global Central Bank for Reserves.”
 
The Central Bank of Iraq announced on Thursday (April 3, 2014), that Iraq’s gold reserves reached 90 tons to support the value of the Iraqi dinar, noting that it contributes to the strengthening of the national economy.
 
FooFighter:   Well in the word it says they will cast their gold and silver in the streets at some point.
 
So for me I believe in the basics food shelter and protection . After that help as many as I can anonymously as possible be a ghost in the machine.
 
MrsClassy:    The world's gold reserves rise the month of June and Iraq maintains the fifth Arab rank
 
History of edits:: 2017/4/18 13:20 • 34 times readable
Iraq's fifth Arab gold reserves
[Oan- follow - up]


World Gold Council announced that the world 's gold reserves rose to April, indicating that Iraq maintained the Arab fifth of the world 's reserves rank.

The Council stated in statistics published on its website that the world 's gold reserves rose for the month of April by 70 tonnes for the month of last March to reach 33 thousand and 329 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5 tons, followed by Germany with 3.377 tons.

The Council added that Iraq , which was ranked fifth Arab maintained the 37th place worldwide out of 100 countries listed in the international financial statistics for global reserves of gold during the month of April of this year , 2017.

The Council noted that Iraq 's gold reserves remained constant as recorded 89.8 tonnes , a representing 7.9 of the rest of the other currencies , "noting that" the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought. "

the Central Bank of Iraq decided in January 23 2014 seek a variety of alloys of pure gold ranging weights between [ 50 g and 1000 g] to sell to gold traders, investors and evil H society wishing to do so in Iraqi dinars.

MrsClassy:          Iraq maintained the Arab fifth of the world 'reserves rank.

11348.jpg?watermark=4
 economic  Number of readings: 65 18/04/2017 13:22

World Gold Council announced that the world 's gold reserves rose to April, indicating that Iraq maintained the Arab fifth of the world 'sreserves rank.

The Council stated in statistics published on its website that the world 's gold reserves rose for the month of April by 70 tonnes for themonth of last March to reach 33 thousand and 329 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5 tons, followed by Germany with 3.377 tons.

The Council added that Iraq , which was ranked fifth Arab maintained the 37th place worldwide out of 100 countries listed in theinternational financial statistics for global reserves of gold during the month of April of this year , 2017. 

The Council noted that Iraq 's gold reserves remained constant as recorded 89.8 tonnes , a representing 7.9 of the rest of the other currencies , "noting that" the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought. "

the Central Bank of Iraq decided in January 23 2014 seek a variety of alloys of pure gold ranging weights between [ 50 g and 1000 g] to sell to gold traders, investors and evil H society wishing to do so in Iraqi dinars.

MrsClassy:    Your asking Why?  "to secure a currency"

MrsClassy:    The world's gold reserves rise the month of June and Iraq maintains the fifth Arab rank

The world's gold reserves rise the month of June and Iraq maintains the fifth Arab rank
 08-06-2017 01:45 PM    Euphrates -   World Gold Council announced that the world's gold reserves rose this month in June, noting that Iraq maintained the Arab fifth of the world's reserves rank.

The Council stated in statistics published on its website that the world 's gold reserves rose for the month of June by 51 tons for the month of May for up to 33 425 tonnes, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5, followed by Germany b 3.377 tons.

The Council added that Iraq maintained the fifth Arab rank in terms of these reserves , as they came after both Saudi Arabia, Lebanon, Algeria and Libya, noting that Iraq maintained also ranked 37 globally out of 100 countries listed in the international financial statistics for global reserves of gold during the month of June of this year 2017.

noting that Iraq 's reserves of gold remained steady as recorded 89.8 tonnes, representing 8.0 from the rest of the other currencies, stressing that the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought.

MrsClassy:    Iraq maintains the Arab rank gold reserves

-1.jpg?width=400

Baghdad / term  World Gold Council, announced on Thursday that the world 's gold reserves rose this month in June, indicating that Iraq maintained the Arab fifth of the world 's reserves rank.

The Council stated in statistics published on its website and seen long, he said , "the world 's gold reserves rose for the month of June by 51 tons for the month of May to reach 33 thousand and 425 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133. 5, followed by Germany with 3.377 tons. "

The council said that "Iraq has maintained its fifth among Arab countries in terms of these reserves , as they came after both Saudi Arabia, Lebanon, Algeria and Libya , " noting that "Iraq maintained also ranked 37 globally out of 100 countries listed in the international financial statistics for global reserves of gold during the month of June of the year 2017 ".


The Council noted that "Iraq 's reserves of gold remained stable recorded 89.8 tonnes, representing 8.0 from the rest of the other currencies , " noting that " the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought."
The issue of Iraq, the same place in the past two months, after the World Gold Council, announced the world 's reserves of gold rising in the months of April and May, noting that Iraq maintained the fifth Arab rank global reserves.
 
Decided the Central Bank of Iraq at the end of January 2014 , seeks a variety of alloys of pure gold ranging between weights (50 g and 1000 g) to sell to gold traders, investors and segments of society wishing to do so in Iraqi dinars.
 
The report pointed out that the United States ranked first in the world gold reserves amounted to 8133.5 tons, which constitute 73.3% of total reserves, while Germany ranked second worldwide reserves reached 3381 tons (forming 67.4% of the total reserves).
 
While China came, the second largest economy in the world, ranked the 6 global reserves of gold reached 1778.5 tons, which is equivalent to 1.9% of the total reserves. It pushed the global economic crisis in 2008 and the implementation of the United States policy of quantitative stimulus, prompted China 's central bank to start the yellow metal storage.
 
Reached Turkey, which accounted for commercial bank reserves of gold reserves , part of the national reserves, it amounted to 516.7 tons of gold, what security has ranked 12 globally.