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Thursday, November 10, 2016

News Time w/ MadDScout, 1Bobby at DU 11/10/16 - Part 4

NEWSTIME With MadDScout and 1Bobby - Thursday, November, 10th, 2016 - Part 4

1bobby says(7:50 PM):

The banking news over the last couple of days has been encouraging to say the least

MadDScout says(7:50 PM):

This sounds like the things we want to hear

International classification I would think is a step to acceptance by International banking and the Dinar being used outside the country

ABNewsflash says(7:51 PM):

yes international ,love the sound of that related to Iraq

MadDScout says(7:52 PM):

I don't say like some that this equals a rate, but is a very needful step

dinarstudent says(7:52 PM):


MadDScout says to ABNewsflash(7:53 PM):

Indeed good stuff if you are watching and know what is being moved forward

many gears

MadDScout says to dinarstudent(7:53 PM):


1bobby says(7:53 PM):

Thru media outlets and others, the CBI needs to step up it's business dealings and become more transparent to outside banking procedures

ABNewsflash says(7:53 PM):


SRW says to 1bobby(7:54 PM):

Yes Sir... Agreed!

MadDScout says(7:55 PM):

Yes with accross the board rules enforcement and follow up on those who don't follow the rules

spike says(7:55 PM):


1bobby says(7:56 PM):

I will add this on all the Banking news, I will defer to the A Team of Hutch, rcookie, wmawhite and daytrader and look forward to their take on all this

ABNewsflash says to dinarstudent(7:57 PM):

go ahead

MadDScout says to spike(7:57 PM):


dinarstudent says(7:58 PM):

so with all from the cbi where does that leave us.. so sorry confuss

spike says(7:58 PM):

Is it true that banking laws will be passed along with old hcl agreement for kurds and then lower denoms can show up in banks?

MadDScout says to spike(7:58 PM):


1bobby says to spike(7:58 PM):

I have not seen that

MadDScout says to spike(7:59 PM):

Sorry for such a short answer but yea none of that

ABNewsflash says to spike(7:59 PM):

reform is at hand

spike says(7:59 PM):

ok thanks

MadDScout says to spike(7:59 PM):

You're welcome

ABNewsflash says to dinarstudent(7:59 PM):

reform is underway

MadDScout says to spike(7:59 PM):

HCL is a ways off from now

MadDScout says to spike(8:00 PM):

I hope we are not waiting on lower denoms after

ABNewsflash says to dinarstudent(8:00 PM):

we are seeing banking articles every day relating to banking reform in Iraq

MadDScout says to spike(8:00 PM):

They will be a couple years getting to a point where taking a census will matter

MadDScout says(8:01 PM):

Any more ??'s

spike says(8:01 PM):

Whats your guess on timeline?

MadDScout says(8:01 PM):

I like between now and fiscal but that is only what I like

ABNewsflash says(8:02 PM):

Central Bank: the deletion of zeros in early 2017

November 7, 2016


The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

Keywords and said in a statement on Monday, received Iraqi transmitter Network (IBN) a copy of the "The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency," pointing out that "this strategic project will serve the country's economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges. "

He added that the bank "is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017," noting that "the central bank began the first steps of the project through the selection of designs, companies and the country in which the currency will be printed."

He pointed out that "the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years," pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."

coco1 says to MadDScout(8:02 PM):


1bobby says to spike(8:02 PM):

I personally try and take the guessing game out of all this. I don't have enough hair left to do that

Okie Dinar says to 1bobby(8:02 PM):


MadDScout says(8:02 PM):

It is no more a better guess than anyone else but I say looks good between here and fiscal

spike says(8:02 PM):

Thank you!

I agree

SRW says to MadDScout(8:03 PM):


This newstime is very helpful just to understand and digest all the information that is out there. 

suprkat53 says(8:03 PM):


coco1 says(8:03 PM):

Whoops, I meant a question in general, not Madscout personally. Seems like we have seen this article repeatedly appear the past couple weeks. 

MadDScout says to spike(8:03 PM):

At the end of the day just a guess

MadDScout says to SRW(8:03 PM):

I am glad to be helpful

1bobby says to coco1(8:04 PM):

And that's a good thing 

Movack says(8:05 PM):

After Trump talked with the President I wonder what trump meant by (high flighing assets) hmmmmmm

MadDScout says to coco1(8:05 PM):

Talking about delete the zeros/

coco1 says(8:05 PM):

I agree! (lol)

MadDScout says to coco1(8:05 PM):


suprkat53 says(8:06 PM):


coco1 says(8:06 PM):

A question for me?

1bobby says to coco1(8:06 PM):

While it does not say a change of value, it does imply that some type of changes are coming

MadDScout says to coco1(8:06 PM):

Are you talking about the delete the zeros report

coco1 says(8:06 PM):

Yes, the delete the zeros program.

MadDScout says to coco1(8:07 PM):

Yes has been out a couple days

1bobby says to coco1(8:07 PM):

This delete the zeros program has been an ongoing process

coco1 says(8:07 PM):

Seems like I saw it 2-3 time last week and as well as this week.

MadDScout says to coco1(8:07 PM):

sometimes it gets run with extra verbage so we try to keep up with the report as it morphs

ABNewsflash says to suprkat53(8:07 PM):

please hold,

MadDScout says to coco1(8:08 PM):

Thats what makes a report good is seeing it multiple times

baxter says(8:08 PM):


coco1 says(8:08 PM):

Like its gaining momentum 

ABNewsflash says to suprkat53(8:08 PM):

go ahead

suprkat53 says(8:08 PM):

When is fiscal?

MadDScout says to coco1(8:08 PM):


MadDScout says to suprkat53(8:08 PM):


suprkat53 says(8:09 PM):


MadDScout says to suprkat53(8:09 PM):

1bobby says to suprkat53(8:09 PM):

I dig your WOOO HOOO's lol

MadDScout says(8:09 PM):

Have I missed anyone?

suprkat53 says(8:09 PM):


MadDScout says(8:11 PM):

Folks please go check the News articles section http://www.dinarupdates.com/forumdis...rent-Iraq-NEWS when you get the chance

1bobby says(8:11 PM):

I know it's getting late and we really appreciate everyone taking time out of your night to be with us

suprkat53 says(8:11 PM):

Was worth it for my WOO HOO!!

MadDScout says(8:11 PM):

Don't forget the D.U.C.E. list will be a wealth of information after a change in the value of the currency

Go here http://www.dinarupdates.com/observer/

Look right and center for the DUCE list and add your email to it

coco1 says(8:12 PM):

Thank you for putting this together for us tonight. Really appreciate it.

1bobby says(8:12 PM):

Thanks to OkieDinar and Gigi813 for helping us tonight. Much appreciated

MadDScout says(8:12 PM):

We would like to thank all for hanging in there with us.

SRW says to MadDScout(8:13 PM):

Thankyou and Bobby.. Gotta run.. Nite..(H)

1bobby says to coco1(8:13 PM):

Thank you for your participation. Questions and comments help everyone

MadDScout says(8:13 PM):

Thank you to our great crew here at Dinar Updates

ABNewsflash says to Okie Dinar(8:13 PM):

Thank You for chat copying (F)

MadDScout says(8:13 PM):

Everyone have a great night.

Okie Dinar says(8:13 PM):

Thank you guys for a wonderfully informative newstime, as always! 


coco1 says(8:13 PM):


Okie Dinar says to ABNewsflash(8:13 PM):

You're welcome!

1bobby says(8:13 PM):

Thanks to Mr and Mrs BGG for allowing us this opportunity as well

MadDScout says to Okie Dinar(8:14 PM):

Thank you Kaleigh

suprkat53 says(8:14 PM):

Thank you guys for the info!!

Okie Dinar says to 1bobby(8:14 PM):


MadDScout says to suprkat53(8:14 PM):

Thank you Kathy

Okie Dinar says to MadDScout(8:14 PM):

You are most welcome! 

magnetlady says(8:14 PM):

Yes thanks to all the news peoople from FaceBook and to Okie Dinar for being our Copy gal of the night.

magnetlady says(8:14 PM):


Back to Part 1 | Source



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