Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

TETELESTAI | 1-800 Numbers

This is where the 800#'s will be listed which will be included in the TETELESTAI post once published.

(Note: The TETELESTAI post is the official "Go" for redemption/exchange. Despite Yosef's departure, it will still be sent out for publication when the time comes.)

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language (not strictly followed)
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with me then please give me an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

"Raw Audacity" - Geopolitical Review - 12.11.16

Geopolitical Review - Raw Audacity - December 11, 2016 Ascension with Mother Earth and Current State of Affairs Note: This was NOT fro...

Wednesday, September 21, 2016

BLC News and Comments w/ tlm724, Shredd for 9-21-16


Bond Lady's Corner 


News & Comments with Tlm724 & Shredd for 9-21-16

Shredd Guys, this is a very good article and yet another reminder of the progress Iraq has and is making. Investors vetted via KYC and having access to easily trade electronically are huge foundational necessities for both public and private investment.

​Tlm724:
Iraq Stock Exchange launches instructions online trading system for investors

Author: AR, HH Editor: AR, HH 21/09/2016 13:02 Number of Views: 163

Long-Presse / Baghdad Uncover Iraq Stock Exchange, Wednesday announced the launch of the trading system instructions via the Internet, as he emphasized that the service will be launched in the first quarter of 2017, pointed to the provision of five brokerage firms to work the system.

The executive director of the market, Taha Ahmed Abdul Salam said in an interview to the (long-Presse), that "the Iraq Stock Exchange issued a trading instructions via the Internet to investors after obtaining the required official approval in accordance with law and that the procedures and mechanisms and systems required by the Iraq Stock Exchange and brokerage firms include taken in order to obtain a license to provide this service for investors, "noting that" the service will be launched in the first quarter of 2017 ".

Abdul Salam said that "the market identified instructed disclosures required of brokerage firms, which contain procedures to disclose the risks associated with an investment models dealing with investors (Know Your Customer KYC), and commissions that Satkadaha mediator, as well as the requirements are carried out by investors to agree to their trading via the Internet." .

Executive Director of the market and continued that "the five brokerage firms submitted its application to the market to participate in the trading system via the Internet for investors, namely, (urban company, Rafidain, Spring Company, Carmel Inc., Elaf," pointing out that "the Iraq Stock Exchange takes several months ago organize lectures and workshops for brokerage firms and investors for the purpose of definition of these services. "

The Iraq Stock Exchange, announced Wednesday (20 April 2016), his intention to work remote circulation through the end of this year system in 2016, as he emphasized that it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.

LINK

Shredd Guys, this is a very good article and yet another reminder of the progress Iraq has and is making. Investors vetted via KYC and having access to easily trade electronically are huge foundational necessities for both public and private investment.

Geofitness: Hi Shredd, I posted this question a few days ago, not sure if you saw it. You may have addressed this and I trust no other to answer in other forums I've been in is this:

Who pays for the delta/increase between the current rate and the increased rate we hope to receive?

If I have 100M dinar and it's currently worth 100K where does the delta between the 100K and 100M come from that will be wired into my accounts?

Does Iraq pay for this? It was suggested that banks would give the money to us and Iraq would not be giving us the money. The banks would hold onto it as an asset for future increases. I call B S. but I don't know what I don't know.
Thank you

Shredd Great question and one I've discussed in the past.

When you exchange your dinar for USD, the bank will verify the authenticity of the currency (either internally or with a vendor) and once the transaction is complete, the bank DOES NOT hold onto it but rather will exchange it again to USD with a foreign exchange dealer in what is referred to as the interbank market. The bank will set the rate based on the market and demand and will of course take their cut (spread).

The foreign exchange market works through financial institutions, and it operates on several levels with few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions.

If you sell your dinar back to the broker you purchased it from, they will exchange with a large bank and the above process takes place the same.

Geofitness Not THAT makes sense. Finally, an educated answer. So I may mess this up, but if the forex or bank sets the rate, the money must come from Iraq to pay us? I keep everything you write to look back at if I'm feeling a little discouraged. Thank you so much.

Shredd: As far as who "pays" for the increase, we can't look at currency exchange as a finite transaction, a "one-and-done" if you will. Rather, it's an ongoing transaction....

1. You bought the dinar at a low rate (this is the part of investment where the investor makes their money....on the low buy)

2. The value grows (this is driven by the market and no transaction happens in this step)

3. You sell your dinar (you get the gain and the exchanging bank deposits the USD in your account after verifying)

4. The exchanging bank exchanges the dinar with the dealer (thus balancing their "paying" for the initial exchange)

​5. The dealer resells the dinar at the current rate (thus balancing their "paying" for the exchange bank's exchange)

6. The new buyer of the dinar ultimately "paid" for your initial exchange but they also hold the dinar at the new value and can exchange it again as the rate increases. Once they do, they balance what they "paid" for their purchase plus gained a bit since they chose to trade.

...and on and on it goes from here.

So, in summary, the "paying" for your exchange is passed on and the only entity that would ultimately lose money out of pocket per se would be the investor who was holding the dinar at the time if it would crash in value. This general rule applies in all levels of investment -- buying low and selling high. We just get the benefit of the biggest jump in the difference of the two!

To that point, I personally plan on initially exchanging a certain percentage of my dinar and holding on to the remaining with the hopes of an even greater gain further down the road.

Geofitness Okay, confusion diverted. Ha Thank you again for taking time out of your busy schedule.

And I concur, I will hold most of it as well. I have a tons of this stuff.The only draw-back is the continual focus on the next big increase. Only this time we don't have to look and hope everyday all day.We can pay others to do it for us.

http://www.bondladyscorner.com/t173742-iraq-stock-exchange-launches-instructions-online-trading-system-for-investors

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More