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

Request Now

1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

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 of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language
- 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 (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

RV Intel/Thoughts/News - All Posts for December 5, 2016

Below is a list of all of the content posted for Monday, December 5, 2016. This will be useful for those of you who may have missed somethin...

Thursday, September 15, 2016

"Hang on Tight" - Thurs. PM KTFA Thoughts, News w/ Backdoc

KTFA

BACKDOC
 » September 15th, 2016


INTERESTING WE SEE A COMMITTEE MEMBER GETTING CHATTY ON THE INTENTIONS OF THE CBI! HEE HEE (See article below)

I'M SURE "KEYWORDS", DR. S, WILL HAVE THAT LAST COMMENT ON THAT. LOL

YES THE LEGISLATIVE TRACK IS THE PROCESS THAT I BELIEVE THEY TOOK ON THE 8TH TO DO JUST THAT!

THEREFORE IF THEY ALREADY DID EVERYTHING THE IMF WANTS THEM TO DO I GUESS YOU'RE RIGHT MR. COMMITTEE MEMBER THEY MIGHT NOT NEED TO RAISE IT AGAINST THE DOLLAR BECAUSE ITS ALREADY DONE! HEE HEE SO SLAP!,

GO BACK TO YOUR COMMITTEE AND TELL THEM TO RAISE THE RESERVES MORE! HEE HEE DOC IMO

Samson
 » September 15th, 2016

Parliamentary Finance calls to control the rate of the dinar against the dollar

9.15.2016

Parliamentary Finance Committee called on Thursday for control of the Iraqi dinar exchange rate against thedollar, by maintaining a reserve of hard currency.

The committee member said Sarhan Ahmed told all of Iraq [where] that " the central bank has no plans to raise the value of the dinar against the dollar , " pointing out that " the rise of the dinar rate depends on the central bank 's reserves of hard currency and the non - oil and oil revenues coming into the country . " .

He pointed out that " the legislative track and other issues have an impact on the exchange rate, which calls forpreservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency."

witnessing the Iraqi dinar exchange rate volatility apparent in the market where he will witness the dollar rise gradually in front of the dinar exchange.

he criticized a number of financial and political economists pursued by the Central Bank of Iraq and falling cash reserves during the recent years.

http://www.alliraqnews.com/modules/news/article.php?storyid=48301

BACKDOC
 » September 15th, 2016

SINCE THE IMF NEW YEAR BEGINS IN MAY ITS NO SURPRISE NOW WHY IRAN SAID THEIR CURRENCY WILL REACH MATURITY BY MARCH WHICH IS IRANS NEW YEAR!

IT STARTS AROUND THE 20TH TO THE 23RD!

THIS ALSO SHOWS YOU THAT THE IMF WILL CONTROL THE SDR'S VALUE AS WELL AS THE PRICE OF BLACK GOLD WHICH ITS TIED TO.

THIS WILL MAKE IT POSSIBLE TO CREATE INFLATION AS DESIRED GLOBALLY FROM ONE SOURCE, THE RESERVE CURRENCY, SDR(BLACK GOLD)!

AND REMEMBER ALL COUNTRIES ARE TIED TO THE GDP OF THE U.S.! DOC IMO

Walkingstick
 » September 15th, 2016

Abadi economic adviser for "information": the pricing of oil in 2017 budget has not yet been resolved

Date: 15/09/2016

Confirmed the appearance of Mohammed Saleh Economic Adviser to the Prime Minister Haider al-Abadi, said Thursday that the pricing of a barrel of oil in the 2017 budget has not been resolved so far, noting that the International Monetary Fund is expected to rise in prices of a barrel of oil the next budget.

Saleh said in a statement to the Agency / information / that "Iraq has signed an agreement in July 2015 of the International Monetary Fund, for a period of 30 months to grant Iraq a loan of $ 5.3 billion, compared to a financial reforms and improve economic life."

He added that "the pricing of a barrel of oil in the budget of 2016 was $ 45, and thus prices fell with the beginning of the new year, and there was a large deficit," pointing out that "the budget in 2017 was a barrel of oil pricing up to $ 35 which is not final pricing."

He stressed Saleh, "The IMF is expected to increase the price of a barrel of oil above $ 35 in accordance with the strategic plans have been developed by the bank," noting that "there is another deficit even with the calculated oil price of $ 35, has been taking measures to reduce expenses and adjust some of the sources of revenue."

The Prime Minister Haider al-Abadi revealed in (23-8-2016), the 2017 budget suffers from a significant fiscal deficit, indicating that it was set a price of $ 35 per barrel of oil within the budget. Finished / 25 Q

http://almaalomah.info/2016/09...../85922

Cleitus
 » September 15th, 2016

Backdoc, I have some questions, if you will.

Since it appears that gold will not be the standard anymore..., instead, asset backed wealth will become the new norm for countries under Basel III. Does that translate that the dollar will remain strong now and in the future as we go through some "economic turbulence"?

As we know the US is drowning in its own oil reserves and considered to have much more of it than many ME/Asian countries? Of course I have not mentioned other rich minerals the US has that translates also into "wealth". Don't quite understand why the dollar may take a 10, 20, 30 percent hit if other countries with less wealth than the US do not? Is it our debt that comes into play in this equation? Thanks

BACKDOC
 » September 15th, 2016

I WOULD LOVE TO SHARE MY STUDIES ON THIS MATTER BUT THAT WOULD BE WALKING INTO A MINEFIELD FOR ME SINCE I'M GAG ORDERED ON THE DOLLAR ISSUE!

DO AS THE ROTHCHILDS DO AND YOU WILL BE FINE! SOME WILL GO UP AND SOME WILL GO DOWN! WHAT PEOPLE THINK IS SECURE WON'T BE IMO. DOWN WILL SEEM UP AND UP WILL SEEM DOWN!
DING DONG DOC IMO

BACKDOC
 » September 15th, 2016

THE WHOLE WORLDS ECONOMIES WILL BE COMPARED DIGITALLY REALTIME TO THE U.S. ECONOMY! WHY?

BECAUSE THE U.S. IS THE IMF, WORLD BANK, SDR, ALL TIED TOGETHER!

THEREFORE ALL COUNTRIES WILL HAVE A REFERENCE TO COMPARE TO AS A STANDARD OF VALUE! THAT NEW STANDARD IMO WILL EMANATE FROM THE SDR! DOC IMO

Thunderhawk
 » September 15th, 2016

Singapore central banker Ravi Menon says monetary policy is overrated

Global uncertainties aren't very important to the economy and monetary policy has been "vastly overrated," said Ravi Menon, managing director at Singapore's central bank.

Other factors were likely to have a larger impact on the global economy than whether the U.S. Federal Reserve raises interest rates by 25 basis points at its next policy meeting on September 20-21, Menon said at the Milken Institute's Asia Summit in Singapore on Thursday.

To be sure, Singapore's central bank, the Monetary Authority of Singapore (MAS) doesn't guide markets in quite the same way as the world's larger central banks. Because of the city-state's small size and open economy, trying to set interest rates would likely be largely ineffective.

Instead, the MAS, which has official policy-setting meetings just twice a year, sets its monetary policy by adjusting an undisclosed trading band for the currency based on a basket of currencies weighted to reflect trade levels with the city-state. The MAS may intervene if the currency moves outside its band.

Rather than monetary policy, Menon pointed squarely at other factors as more important.

Weak investments have negatively impacted the world economy, particularly in the U.S., Menon said.

In the U.S.,"the housing market has recovered, the labor market has recovered, the unemployment rate is close to the natural rate. Private consumption is good, chugging along. Consumer sentiment is strong," he said.

"The only part of the engine that's not working, and that's a key part, is private investment. Corporate America, which has these huge cash piles, is not investing."

That matters more for the global economy and Asia than U.S.gross domestic product (GDP) growth, he said.

"The entire global value chain of manufacturing is plugged into that: Shipping trade, production."

American companies, despite sitting on cash piles, have not been investing and that matters more for Asia than U.S. gross domestic product (GDP) growth, he said.

In the second quarter of 2016, U.S. companies had cash and marketable securities valued at 32 percent of GDP sitting on their balance sheets, up from 15 percent in the first quarter of 2006, according to a slide showed by Michael Milken at the conference.

Menon had several theories about why investment was so sluggish. For one, he cited less confidence in future growth prospects, which had become a vicious circle as failure to invest was depressing future growth prospects.

He also noted that companies' technology spending had changed substantially over the years. Rather than investing in buying servers or mainframes, many companies were using services, such as cloud and other more agile technologies, he noted.
That may have a knock-on effect on the slowdown in merchandise trade as well as companies' technology investments become more knowledge- and software-based, he said.

Menon's concerns were also echoed by Milken, who noted that in the wake of the global financial crisis, the people making investment decisions had turned more conservative, not unlike a similar attitude in the wake of the Great Depression of the 1930s.

Milken said it was important to move the decisions about allocating capital toward companies that see opportunities.

Milken also noted that the percentage of the world's economy moving digitally has increased every year, meaning that less of the world's economic output was moving on ships and trucks.

BACKDOC
 » September 15th, 2016

SINCE THE FIRST SDR BOND ISSUANCE BY THE IMF FOR UKRAINE ITS NO TURNING BACK NOW! 

GRENADA AND NOW CHINA ARE BEGINNING TO VALIDATE THE NEW "SYNTHETIC" OR MAN MADE RESERVE CURRENCY!

HANG ON TO YOUR HATS SEATS AND TICKETS FOLKS AS THE NEW RESERVE CURRENCY TRAIN STOPS OFF AT YOUR COUNTRY!

THE GLOBES DEBT PROBLEM HAS TO HAVE ANSWERS AND THE IMF IS HERE TO DELIVER! "ALL FOR ONE AND ONE FOR ALL"!

THE TRACK IS GOING TO GET A LITTLE BUMPY SO HANG ON TIGHT!v DOC IMO

Thunderhawk » September 15th, 2016

IMF looks to expand Special Drawing Rights

THE International Monetary > Fund is exploring ways to broaden the use of its Special Drawing Rights after the leaders of the G20 reached a consensus on the matter at the G20 Summit in Hangzhou to enhance the resilience of the international financial system, IMF Chief Christine Lagarde said last Monday.

`The IMF was really encouraged by the determination of China to use the SDR as a yardstick to measure reserves and as a currency for bond issuance,` Lagarde told reporters at a news conference after the conclusion of the summit.

The call for greater use of SDR, a synthetic reserve currency administrated by the IMF, has been strongly backed by China as the country has been working to lift the global profileof its currency. The yuan will be officially included in the IMF`s currency basket on Oct 1.

Lagarde vowed that the IMF will continue to expand the representation of emerging and developing economies in the organisation as it needs to serve the entire membership.

The IMF chief also reiterated that the Chinese currency meets the criteria for the inclusion in the SDR as the Chinese monetary authority has made `constructive progress` by making its monetary policy more market-determined.

Experts said that the expansion of the use of the SDR will help improve the stability of the global financial system and the inclusion of the Chinese currency will in turn empower the influence of the SDR in international markets.

`The yuan`s inclusion in the SDR will, to some extent, increase the influence of the SDR and enable it to play a greater role in the international financial markets,` said E Zhihuan, an academic committee member at the International Monetary Institute of Renmin University of China.

The World Bank issued a landmark bond denominated in the IMF`s SDRs in the Chinese interbank market last week.

World Bank President Jim Yong Kim said earlier that issuance of SDR bonds in China would support the G20`s objective of expanding the use of the SDR, which has been listed as one of the G20`s key financial tasks.

At last Monday`s news confer-ence, Lagarde also said that the G20 leaders have endorsed several initiatives to support stability and resilience of the international financial architecture, which included the support for further strengthening of the global financial safety net with an adequately financed IMF equipped with a more effective tool kit.

`Global financial governance has been a big topic. After the January surge in market volatility, cooperation between countries has improved greatly and the G20 has been a suitable venue to cement the ties in that regard,` said Hong Hao, chief strategist at BOCOM International Holdings in Hong Kong
.
Chen Yingqun contributed to this story.

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