Bits and Pieces Monday Morning

Bits and Pieces Monday Morning

09/02/2014

Stage3Alpha:

wilbur grodan September 2, 2014 Ag/Au down overnight with USDX up
BRICS development currency complex waits
Ecuador and 'Several countries' in the news plan to phase out USD

mattmann111 "take a look at the dollar, gold, silver, crude...everything is going in the right direction for 1800# release very soon...!!!"

wilbur grodan September 2, 2014 Ag has been declining since July 12 (21.50-19.25)
USDX has been rallying since July 1 (79.8-82.97)
BRICS currency complex waits for this to reverse
It appears this will happen ANY DAY this week...or next
....

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I4U:

Landons Nana: Eagle1[via BulldogFord65] Thoughts on the VND, IMO the VND value will increase significantly, likely more than any have supposed.

Landons Nana:  Chattels   From my arabic speaking friend: TO START OFF I JUST WANT TO SAY THAT THINGS ARE PROGRESSING ALONG NICELY. THERE WERE A FEW BUMPS IN THE ROAD BUT EVERYTHING SEEMS LIKE SMOOTH SAILING NOW.

THE BLOCS HAVE SUBMITTED THEIR NAMES AND THINGS ARE BEING SORTED OUT. TOMORROW IS SEPTEMBER 2ND, PARLIAMENT HAS POSTED THEIR AGENDA, THEY WILL BE VOTING ON THE STANDING COMMITTEES.

THIS IS NOT PRESENTING THE MINISTERS. THIS WAS ON LAST WEEKS AGENDA BUT GOT PUT OFF

THERE HAS BEEN SOME TALK WE HAVE HEARD ABOUT THE LIST OF NAMES BEING RELEASED ON THE 2ND AND THEN THE MINISTERS BEING SWORN IN ON THE 3RD AND THEN THE BUDGET ON THE 4TH OR 5TH, AND I JUST WANT TO ADD THAT WE HAVE NOT BEEN ABLE TO CONFIRM ANY OF THOSE THINGS. WE HAVE NOT SEEN IT ON AL ARABIYA...

IT IS NOT ON THE OFFICIAL AGENDA OF PARLIAMENT AND WE WANT TO GO ON RECORD AS SAYING WHILE IT IS POSSIBLE WE CAN NOT CONFIRM IT.

Landons Nana:  BGG:   Article Quote: "Jaafari and national forces delegation underline the need for Parliament to witness the performance of a quantum leap enactment of laws"... would be better interpreted "Jaafari and the National Alliance..." saying "We need to get this thing ROLLING"!! Reform Movement: "the announcement of the new ministerial cab within 72 hours..."

if Jaafari is saying there will be an announcement in 72 hours - there probably will.

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John MacHaffie:

RV HAS BEEN DELAYED AGAIN PER THE REQUEST OF THE US PER RUMOR. IS THE CIA USING THEIR 48 HR DELAY CARD AGAIN? NICE!

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(Unknown Source) Posted by John MacHaffie

HI DINARIANS: I KNOW MANY OF YOU THINK THAT THE REVALUATION OF CURRENCIES WILL NEVER OCCUR.  I GUESS SINCE WE HAVE ALL HEARD EVERY WEEK THAT IT IS GOING TO RV AND WE WILL BE AT THE BANKS TOMORROW, I CAN UNDERSTAND WHY YOU WOULD THINK THAT WAY.

I AM AS DISAPPOINTED AS ANYONE, BUT I ALWAYS KEEP POSITIVE KNOWING THAT IT HAS TO HAPPEN AND NOW IT IS AT THE END FOR SURE.  THAT YOU CAN TAKE TO THE BANK.

THERE HAVE BEEN BANKS DURING THE PAST FEW DAYS TELLING PEOPLE TO COME BACK TUESDAY, SEPTEMBER 2nd, BECAUSE THAT IS WHEN THEY WILL BE ABLE TO DO THE CURRENCY EXCHANGES.

SO, WE WILL EITHER HEAR BY TOMORROW MORNING THAT  IT IS TRUE OR WE WAIT JUST A COUPLE MORE DAYS AFTER THAT.  ONE WAY OR ANOTHER, DOES NOT MAKE MUCH DIFFERENCE.  IT HAS BEEN WELL WORTH THE WAIT.

WELL, MNT. GOAT POSTS JUST ABOUT EVERY DAY AND SEEMS TO HAVE A HANDLE AS TO THE TIMELINES ON WHAT WE CAN EXPECT FOR THE ANNOUNCEMENT OF THE GOI (GOVERNMENT OF IRAQ).

 SHE SEEMS TO THINK AS YOU READ BELOW THAT SEPT. 4th.WILL BE THAT DAY AND THE RV ANNOUNCED JUST PRIOR TO THAT OR JUST AFTER.

SO, ALTHOUGH WE EXPECT TO BE AT THE BANKS TOMORROW (TUESDAY) DOING OUR CURRENCY EXCHANGES, I GUESS IT COULD BE FRIDAY BEFORE THAT HAPPENS.

EITHER WAY, I DO BELIEVE BASED ON EVERYTHING WE HAVE HEARD IN THE LAST SEVERAL DAYS, THIS WILL BE OUR LAST WEEK OF WAITING.  READ HER ENTIRE POST AS SHE PUTS IT VERY WELL WHERE WE STAND.

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KTFA:

Alp108:  As I understand it .... E1 has been told that new rates are on the admin screens at the banks .... just wondering .... has any of our other connections at the banks confirmed this tidbit .... you know ...out of the mouth of two or three witnesses   thx ...

Fact Checker:(RE: Articles about Maliki Coup)   Those articles are extremely alarming. I pray that they leave Turki in there. That snake M is trying one last time to strike someone needs to make sure it doesn't happen. We don't need him meddling in the CBI. He will screw it up or pull the trigger so he get credit. What do you think it will be family?!?!

Dustibigelow:   IMO...IMO…..Government formation will be announced before any of Maliki's henchmen can be approved.   Problem solved!   Then he is history!    Yea!     IMO...IMO

Fact Checker » September 2nd, 2014, 9:24 am  •  agree Ms. DustiHe's grasping for that last bit of power, he knows if he controls the money, he controls the entire nation IMO. I see the article that walkingstick posted that parliament has to approve him to head up the CBI, and the other article that the government will possibly be done in 24 hours. Thank GOD this new government is acting fast to rid Iraq of M.

22coconuts22  :Looking forward to Abadi announcing so Maliki can just go away.

PAPPAJ:  22C, THIS STUFF THAT YOU ARE SEEING ABOUT M IS LIKE THE THE SONG BY THE PLATTERS BACK IN THE DAY------ SMOKE GETS IN YOUR EYES------ FRANKIE SAID IT VERY PLAINLY AND AMEN'D BY GHOST THAT THE NEW GOI IS SEATED AND FUNCTIONING .

KEEP YOUR EYE ON THE ACTIONS OF THE CBI AT THIS POINT CAUSE WHAT THE GOI IS DOING IS GIVING THE STABILITY AND THE HAMMERING OF DASSH AND ISIL THE SECURITY THAT IS NEEDED CAUSE THE US IS ON THE GROUND IN IRAQ. KEEP YOUR HEAD UP----

IT'S A COMIN!!!!!!!

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jdtolle » September 2nd, 2014, Love for life

Stop worrying and just do. Stop judging and just do.

Think about what you’re doing, but not so much that you fail to do it. Plan and prepare, but don’t stop with mere planning or preparation.

Put your energy into taking action rather than into second guessing. Keep your focus on why you’re choosing to move forward instead of getting caught up in the challenges that you’ll eventually transcend.

Don’t use your beautiful, powerful creativity to think of grand and glorious excuses. Use that creativity to remind yourself and to experience for yourself how great it feels to make a difference.

Fill your mind with thoughts of purposeful intention. Fill your moments with the joy that comes from taking effective action.

Fill your heart with genuine love for life and all it encompasses.

And fill your days with action in the service of all you love.

— Ralph Marston

Wishing All a safe and blessed day

http://www.dinarrecaps.com/our-blog/bits-and-pieces-monday-morning2

Tlar & Friends With News & Comments

Tlar & Friends With News & Comments

09/02/2014

Post Brought From Currency Chatter
Comments Are From Monday Night -- Waiting For Tuesday Morning Update

Tlar:   Guys I am truly sorry to have to tell you this but I just received a phone call that told me that Iraq has been asked to hold the RV for a few days.

I can't go into the reasons but it could as much as another week before we see the RV.

The good news is that the ball is in Iraq's court and they may decide to not honor the hold. I will know more tomorrow. In my last email I will explain what has happened and you can judge for yourself.

 I believe this is a selfish act and so do the Iraqi's. Somebody whom I can't name is playing politics with the RV for personal reasons. Tlar

Mrs. Diddy:   If I were the Iraqis, I would do what's best for Iraq at this point.  The US wasn't exactly quick to respond when Iraq needed help with ISIS.  But I'm sure there's much more to this than meets the eye.  So we wait.   -Mrs Diddy
~~~

Livefree:   Mrs Diddy, you bring up a very good point.  Iraq needs to do what's best for them and not be held back by the PTB.  No doubt this 'person' has a boat load of money so it's no skin off their nose to hold things up.

And it could very well have to do with taxes or if they're planning on doing the bail-in thing with the banks and helping themselves to our money.

At this point I wouldn't put anything past anyone who is bent on destroying this country and our economy.  I'm only guessing it's someone from the US or else tlar would have mentioned the name if it was an Iraqi.

AlBundy:   Does it have anything g to do with Maliki's minister positions officially ending on the 7th?

T.Jefferson:   “Whenever the people are well-informed, they can be trusted with their own government."     -Thomas Jefferson  Thanks, Tlar

Kathy:    HERE IS AN ARTICLE FROM 8/26/14 THAT MITCH REFERENCED AND BLUE EYES SAID HE DIDN'T SEE ON THE OTHER THREAD.

 Washington expects the formation of a government-Abadi, in conjunction with the tour, Obama Br, negative early next September

The source / channel change     Posted 26/08/2014 12:34 PM

 Sources prominent American quest for the American administration to form a new Iraqi government before the end of the constitutional period in atheist th of next month

The sources said the channel change that the administration of President George hoped that the Prime Minister Haider Abadi, the Iraqi in charge of the completion of the formation of his government on the fourth of next month.

The same sources attributed the reasons for this desire for American To Synchronized with a planned tour of President Barack Obama On the fourth of next month to Europe, where he will meet with a number of European leaders.

She considered the same sources in the formation of a government be and in conjunction with the tour, President Barack Obama It will give the support and credibility of American efforts toward dealing with the Iraqi file and the results achieved by his administration to help the Iraqis in accordance to the emergence of an inclusive government that represents all Iraqi components.fore the constitutional period Abadi,

Analysts believe that the desire to speed up the formation of the American Government Abadi ahead of schedule is a message to Europe and the international community that the United States is still present in the Iraqi scene and affect him positively.

It Shan Obama European tour as you see America's resources that enhance the pursuit of the American administration and its allies in countering terrorism and sectarian violence and the prevention of risks to the world in general and the Middle East specifically.

BlueyesinLevis:    Thursday the 4th..  same day as the other articles are saying ... the GOI will be formed...   -Coincidence?   Kathy..    Got Link?

HandOverFist:    Europe on the 4th.  Possibly Iraq after.

"The same sources attributed the reasons for this desire for American To Synchronized with a planned tour of President Barack Obama On the fourth of next month to Europe, where he will meet with a number of European leaders."

HandOverFist:    After Europe, Obama is going to Wales for a Summit.  Possibly Iraq after that?

"I want to start with a quick preview of Secretary Hagel's schedule next week. On Wednesday, September 3rd, the secretary will embark on his 16th international trip, a six-day, three-country trip centered around the NATO summit in Wales."

"In Wales, the secretary will join President Obama, Secretary Kerry, and their counterparts from NATO and its partner nations for this very important summit. As you know, the focus of the summit will be Afghanistan, the crises in Ukraine and the Middle East,..........."

http://www.enewspf.com/latest-news/latest-national/military-casualties/55096-department-of-defense-press-briefing-by-rear-adm-kirby-august-29-2014.html

HandOverFist:   According to this, Obama will be in Wales Wednesday and Thursday, Sept 3rd and 4th.  The Summit is Sept. 4th and 5th.

http://www.bbc.com/news/uk-wales-29002885

https://www.gov.uk/government/topical-events/nato-summit-wales-cymru-2014

Mike:    t's a little difficult to believe that "someone" asked Iraq to hold the Rv for unknown purposes. I enjoy Tlar's analysis and thoughts on the progress of Iraq as we move towards an RV, but the intel and sources are out there.

 The truth is, Iraq has not signed the national paper yet, they're still negotiating with the Kurd's and Sunni's.  There's nothing mysterious about it, Iraq has until the 10th of this month to form a government and it's no surprise that it might take that long.

Abadi has to seat his CoM and flesh out his ministries, Iraq will then have a complete GOI.  It seems like the sources are misreading the news and then moving the goal posts to fit the reality, not the perception.

You can believe that once Iraq has this paper signed, they're going to shout it to the heavens that it's done, they and the world need to know that Iraq is finally united.

 To me, this is like Lucy holding the football for Charlie Brown. Lucy promises she won't move it, Charlie runs up for the kick and at the last second she pulls back and Charlie Brown ends up on his back, again.

Why, Tlar, are you so committed to believing your sources?  Since May, they've never been right, not once, on anything that I can think of.  I don't blame Tlar, I blame the intel. Why would anybody continue to put their name on bogus information?

COMMENTS FROM A DIFFERENT THREAD:

Tlar:  I am truly sorry to say there is a potential delay that just came up.  The Iraqi's have been asked to hold the RV for a few days.  This won't set well with the Iraqi's but they will take tonight to figure out whether they will hold on not.  I should get better clarification in the morning.

 Again I am so sorry to have to tell you this but I just got the word.  If there is a delay it won't be long.  tlar

Dinar-ling:   Tlar, I understand that the RV has been postponed but can we rest knowing absolutely for sure that the government is in fact formed and complete?

T. Jefferson:  Your perpetual generosity surfaces again. Thank You, Tlar...

“Delay is preferable to error”.  Thomas Jefferson

Mitch:   Do you think it has anything to do with Pres Obama being in Europe and maybe a surprise visit to Baghdad on the 4th?  I saw something about that possibility a few day ago I think.

BlueyesinLevis:  I had not seen that.... OMG.. makes perfect sense.. If that is what is happening.

Of course He will want to get a big Photo Op..  get credit.... for the new GOI...  if that is what goes down..  it wont surprise me.

LAURA:   Laughing!     :lol:  Delayed, but..... not denied.   Guess will be crying, and laughing, at the same time....:D.... Its a coming!      :):D:lol:    Thank you, Tlar!

Kathy:   HERE IS THE ARTICLE MITCH REFERRED TO AND THAT BLUE EYES DIDN'T SEE.  I ALSO POSTED IT LAST WEEK BUT IT DIDN'T STAY UP LONG.  THIS ARTICLE IS FROM 8/26/14

  Washington expects the formation of a government-Abadi, in conjunction with the tour, Obama Br, negative early next September

The source / channel change   Posted 26/08/2014 12:34 PM

 Sources prominent American quest for the American administration to form a new Iraqi government before the end of the constitutional period in atheist th of next month

 The sources said the channel change that the administration of President George hoped that the Prime Minister Haider Abadi, the Iraqi in charge of the completion of the formation of his government on the fourth of next month.

The same sources attributed the reasons for this desire for American To Synchronized with a planned tour of President Barack Obama On the fourth of next month to Europe, where he will meet with a number of European leaders.

She considered the same sources in the formation of a government before the constitutional period Abadi, and in conjunction with the tour, President Barack Obama It will give the support and credibility of American efforts toward dealing with the Iraqi file and the results achieved by his administration to help the Iraqis in accordance to the emergence of an inclusive government that represents all Iraqi components.

Analysts believe that the desire to speed up the formation of the American Government Abadi ahead of schedule is a message to Europe and the international community that the United States is still present in the Iraqi scene and affect him positively.

It Shan Obama European tour as you see America's resources that enhance the pursuit of the American administration and its allies in countering terrorism and sectarian violence and the prevention of risks to the world in general and the Middle East specifically.

KJWayne:      To postpone the parliamentary session next Thursday due to storm victims with Spyker Council building

9588.jpg?width=650&watermark=4

House of Representatives    Author: ah Editor: hay reporter: ms    09/02/2014 12:13

 Tomorrow's Press / Baghdad: A parliamentary source said on Tuesday, that the House of Representatives for its meeting to next Thursday, due to storm victims with Base Speicher parliament building, causing disrupt the situation and chaos.

 The source told "tomorrow Press", "The National Alliance is now negotiating with the relatives of the victims Spyker who stormed the parliament building, in the view of the Presidency to postpone the meeting to next Thursday, because of the occurrence of chaos within the council."

 The source, who requested anonymity, that "some lawmakers fled shown the victims' families to enter the parliament building."

 The dozens of relatives of the victims gathered Base Speicher, this morning, in front of the parliament building and prevented employees from entering, to protest the non-inclusion of the discussion of "the massacre of their children" on the agenda.

Schiz:    Yep you know it KJ... Guys, this is Iraq, they are using up every single day of their constitutional deadline, as they always do...anytime before then is a huge bonus....any time before then is not their MO, actually they never make deadlines, EVER, so feel good that at least they are really trying this time....

Not easy work trying to sort things out between so many opposing tribes who pretty much hate each other and all want their own way.  We are looking good for the first time in four years :) 8 days left! Thanks for the heads up tlar but you know we knew it :lol: No need to feel sorry for anything, we have all been in this long enough to know what these guys are like

http://www.dinarrecaps.com/our-blog/tlar-friends-with-news-comments16

Thoughts From Backdoc At KTFA: "DONG"

Thoughts From Backdoc At KTFA: "DONG"

09/02/2014
0 Comments

backdoc » THESE ARE MY OWN THOUGHTS AND OPINIONS:

DONG

WHY ALL THIS URGENT DESIRE BY CHINA TO WORK THINGS OUT URGENTLY WITH VIETNAM ??

WHY HAVE THE ILLEGAL OIL RIGS CHINA SET UP IN THE SOUTH SEA IN VIETNAM WATERS BEEN VERY QUICKLY REMOVED ?

IT IS MY SPECULATION THAT A DEAL HAS BEEN FINALLY MADE THAT CHINA WILL BACK AND SUPPORT THE DONG SINCE THEY ARE THE LARGEST HOLDER IN ANTICIPATION OF THE REVALUE OF THE DINAR.

YOU SEE, CHINA KNOWS THAT VIETNAM IS HOLDING A SIGNIFICANT AMOUNT OF DINAR IN LEU OF PAYMENT OF PAST DEBTS.
....

THIS  COMBINED WITH A HUNDRED TONS OF GOLD, A THRIVING AND GROWING ECONOMY, A MAJOR FOOD PRODUCER, VAST NATURAL RESOURCES OF GOLD NATURAL GAS AND OIL, THE RECENT INCLUSION OF A NEW REVENUE STREAM OF OIL AND GAS REVENUE DUE TO A NEW CONTRACT BETWEEN RUSSIA AND CHINA WHICH INCREASES CURRENCY VELOCITY, AND CURRENTLY BEING THE FIFTH LARGEST EXPORT ECONOMY IN THE WORLD, VIETNAM STANDS TO BE A POWERHOUSE IN THE NEAR FUTURE.

CHINA KNOWS THIS AS WELL AS VIETNAM. SO I BELIEVE A MUTUAL AGREEMENT WAS MADE TO JOIN FORCES FINANCIALLY.

CHINA WINS BY THE DONG TAKING A HIGHER VALUE TO BEGIN WITH AND LIKELY TO HEAD MUCH HIGHER IN THE FUTURE TO REPAIR ITS’ CURRENCY AS BEING THE LARGEST HOLDER OF THE DONG.

DON’T FORGET VIETNAM IS HOLDING SIGNIFICANT AMOUNTS OF THE YUAN AS WELL SINCE THEY ARE THEIR LARGEST TRADING PARTNER.

VIETNAM GETS A NEWLY REVALUED CURRENCY AND ENTERS THE WORLD AS A TRUE PLAYER WITH THE HELP OF CHINA BACKING IT’S CURRENCY ON THE WORLD STAGE.

ALSO THE WORLD BANK WEIGHS IN ON MAKING SURE THEY DON’T OVER SPEND ON THEIR BUDGET. WHY ?? THAT WOULD BE A CURRENCY VALUE KILLER.

YOU SEE, MANY ARE UNAWARE THAT THE DONG WAS NORTH OF 2 DOLLARS PRIOR TO THE VIETNAM WAR. CHINA ALSO KNOWS THAT VIETNAM HAS PASSED ARTICLE 4 REVIEW AND IS NOW READY FOR A TRUE VALUED RATE !

I BELIEVE THE DONG WILL REPAIR THE YUAN AND THE DINAR WILL REPAIR THE DOLLAR!!!

DOC…….THESE ARE MY OWN THOUGHTS AND OPINIONS:

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Vietnam Party official heads to China to defuse tensionsBy An Dien, Thanh Nien News

HO CHI MINH CITY - Monday, August 25, 2014 18:37
China's then Vice President Xi Jinping (L) is greeted by Vietnam's Vice President Nguyen Thi Doan (R) and credit: Reuters  RELATED NEWS

In sultry Vietnam, top US general seeks thaw with former foe
Vietnam walks a thin line between US and China after oil rig exit

A senior official of the Vietnamese Communist Party will spend two days in China starting Tuesday trying to repair bilateral ties shattered by an oil rig crisis that sparked deadly anti-China riots in Vietnam several months ago.

Le Hong Anh, a Politburo member who heads the Central Committee Secretariat, will travel to China as the special envoy of Party Chief Nguyen Phu Trong, according to a statement issued Monday by the country's Ministry of Foreign Affairs. The Central Committee is a powerful grouping of 175 senior Communist Party members; the 16-member Politburo is the Party's decision-making body.

Anh will visit China at the invitation of the Chinese Communist Party.
According to the foreign ministry release, the visit was organized to “defuse the situation and prevent tense incidents like the recent standoffs from recurring.” The statement also said the trip would seek to bolster the healthy, stable and long-term development of relations between the two parties and states.
On May 2, China deployed an oil rig in Vietnam’s 200-nautical-mile exclusive economic zone, sending Sino-Vietnamese ties plunging toward their lowest point in decades and triggering two months of restrained skirmishes between coast guard vessels at sea.

China withdrew the rig in mid-July. Although the crisis appears over for the moment and Prime Minister Nguyen Tan Dung has demanded that China not send any more rigs into Vietnamese waters, most expect the rig will be back soon.
Analysts say such a scenario will force Vietnam's leadership to re-examine their policy towards their giant northern neighbor.
For most of the tense six-week standoff, Hanoi repeatedly requested talks with China. At the height of the tension, China’s State Councilor Yang Jiechi, a top diplomat who outranks the foreign minister, arrived in Hanoi in mid-June to engage in talks with Vietnam's top leaders. But the trip delivered little results

With Anh's upcoming visit,“Vietnam certainly is seeking to improve bilateral ties with Beijing and it only makes sense to do so,” Jonathan London, a Vietnam expert with the City University of Hong Kong, told Thanh Nien News.

At the very least the talks may help to clarify Hanoi’s strategic outlook,” he said. “The talks should also be welcomed to the extent that they can reduce tensions between the two capitals and begin to repair what should be a relationship based on mutual respect, trust, and healthy economic ties.”
A shift in tone

China's bold incursion into Vietnamese waters set off peaceful anti-China protests that erupted into violence in central and southern Vietnam in mid-May. Rioters torched, looted and vandalized hundreds of foreign-owned factories.
The violence racked up millions of dollars in losses and claimed the lives of three Chinese nationals. Taiwanese businesses, mistaken for being Chinese, suffered the worst. Taipei claims at least 200 factories were looted or burned down in the riots. Around 3,000 Chinese workers subsequently fled Vietnam.

But the tone may be shifting.
Vietnamese foreign ministry spokesman Le Hai Binh said in the Monday statement that Vietnam “regretted all the incidents that occurred to foreign-invested companies, including Chinese businesses and workers.” Vietnam also expressed regrets about the fatalities and injuries sustained by Chinese workers in the wake of the riots, Binh said.

Vietnam would offer humanitarian assistance to the affected Chinese workers and continue to compensate damaged firms to ensure their continued operations, Binh said. Hanoi would also send a delegation to China to express condolences to the representatives of the victims' families, he said.
After the violence, Prime Minister Nguyen Tan Dung asked cities and provinces to offer the affected companies up to two-year tax extensions as well as export and import tax cuts. He also ordered customs offices to clear items being held for unpaid taxes and called on local governments to reduce or withhold land rental fees for affected companies.

Over 1,000 people have been arrested for their alleged involvement in the riots. Dozens have been tried and received jail terms of up to three years -- the rest received administrative fines. Others are still being tried.
In response to Vietnam's good will gesture, China's Foreign Ministry Spokesman Hong Lei issued the following statement Monday: "China recognizes the work and attitude of the Vietnamese and hopes that Vietnam can earnestly implement the relevant measures."
‘Little wave on a large pond’?
The oil rig row moved Vietnam's leadership to ramp up economic and strategic engagement with the US and its treaty ally Japan, which is itself embroiled in a dispute with China over a series of uninhabited islands in the East China Sea.

Despite the evident shift in focus, Beijing remains Hanoi's most vital trade partner.
When General Martin Dempsey, the US chairman of the Joint Chiefs of Staff, wrapped up his Vietnam visit on August 16, he also made it crystal clear that Washington would not try to make Vietnam choose between China and the US.

“Because China's your neighbor, you have incredible economic almost interdependencies with China," Dempsey said.

Vietnam’s total trade with China hit US$50 billion in 2013, almost twice the $27 billion in trade reported in 2010.
In 2013, Vietnam exported $7.95 billion worth of garment and textile products but imported raw material worth $4.8 billion, much of that from China. That means even Vietnam's strongest economic sector is deeply reliant on China.

Beijing routinely outlines the scope of its territorial claims by referring to maps featuring a nine-dashed line--a demarcation that takes in about 90 percent of the 3.5 million square kilometer East Sea, the Vietnamese term for the South China Sea.

Chinese maps featuring the line have been emphatically rejected by international geographers. Moreover, the maps fly in the face of competing claims by four members of the Association of Southeast Asian Nations (ASEAN) --namely Vietnam, the Philippines, Malaysia and Brunei.
But “after all the South China Sea isn't the end-all and indeed in the end Vietnam and China will always be neighbors,” said Mark Valencia, a Hawaii-based analyst.

“Sure neighbors quarrel but if the fundamentals are OK -- including Party to Party -- then this is but a little wave on a large pond,” he said.
"However little waves, if not dampened, can grow ever bigger and eventually erode relationships.”

http://www.thanhniennews.com/politics/vietnam-party-official-heads-to-china-to-defuse-tensions-30336.html

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China says wants to mend ties with Vietnam: XinhuaThanh Nien News/Reuters

BEIJING - Thursday, August 28, 2014 10:41Email Print

Le Hong Anh (L), the special envoy of Vietnam’s Party chief Nguyen Phu Trong and Chinese Party chief and President Xi Jingping at the talks. Photo credit: Vietnam News Agency
RELATED NEWS

Vietnam walks a thin line between US and China after oil rig exit

China’s second oil rig deployed in disputed waters: Vietnam spokesman
China's President Xi Jinping told a special envoy from Vietnam on Wednesdaythat both countries should be "friendly to each other" to help mend ties after a flare-up over sovereignty in the South China Sea, the official Xinhua news agency said.

The visit to Beijing by Le Hong Anh, a member of the Vietnamese Communist Party's powerful Politburo, is the first sign of a concerted effort to heal the rift between the two countries, which share annual trade worth $50 billion.

"(I) hope the Vietnamese will make joint efforts with the Chinese to put the bilateral relationship back on the right track of development," Xinhua quoted Xi as telling Le Hong Anh.
"A neighbor cannot be moved away and it is in the common interests of both sides to be friendly to each other."

Earlier, Liu Yunshan, a member of China's elite Politburo Standing Committee, was quoted by Xinhua as telling the visitor that both sides should bring bilateral relations back on track.
"China-Vietnam relations for a while have been tense and difficult, which we do not want to see," Liu said, adding that Le Hong Anh's visit reflected the Vietnamese government's "political will to mend and develop bilateral relations".

Under an agreement reached between Liu and the visitor, China and Vietnam will earnestly implement a basic guideline for the resolution of China-Vietnam maritime issues signed in October 2011, Xinhua said.

They agreed to seek lasting solutions acceptable to both sides, studying joint exploration of the East Sea, the Vietnamese term for the South China Sea, and avoiding actions that complicate disputes, it added.

On May 2, China deployed an oil rig in Vietnam’s 200-nautical-mile exclusive economic zone in the East Sea, sending Sino-Vietnamese ties plunging toward their lowest point in decades and triggering two months of restrained skirmishes between coast guard vessels at sea.
The oil rig row moved Vietnam's leadership to ramp up economic and strategic engagement with the US and its treaty ally Japan, which is itself embroiled in a dispute with China over a series of uninhabited islands in the East China Sea.

China withdrew the rig in mid-July. Although the crisis appears over for the moment and Prime Minister Nguyen Tan Dung has demanded that China not send any more rigs into Vietnamese waters, most expect the rig will be back soon.

"China wanted to make a point by deploying its oil rig and it succeeded in doing so. China will do so again if and when it decides to," Mohan Malik, another security analyst at the Hawaii-based Asia-Pacific Center for Security Studies, told Thanh Nien News.
http://www.thanhniennews.com/politics/china-says-wants-to-mend-ties-with-vietnam-xinhua-30444.html

***********

Vietnam wants to restore, boost relationship with China: Party envoy
By Truong Son, Thanh Nien News

Wednesday, August 27, 2014 09:32

Le Hong Anh (L), the special envoy of Party chief Nguyen Phu Trong, holds a talk with Wang Jiarui, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference, in Beijing on August 26. Photo credit: Vietnam News Agenc
RELATED NEWS

Vietnam Party official heads to China to defuse tensions

Vietnam wants to restore and boost the relationship with China and its Communist Party, a senior official of the Vietnamese Communist Party said in his China visit on Tuesday.

Le Hong Anh, a Politburo member who heads the Central Committee Secretariat, traveled to Beijing for a two-day visit as the special envoy of Party chief Nguyen Phu Trong.
The visit was made at the invitation of the Chinese Communist Party.

As soon as he arrived on Tuesday, he met with Wang Jiarui, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference.

In the meeting, Anh said that he will discuss with Chinese leaders how to restore and boost the relations between the two countries and the two Communist Parties to fulfill the two peoples’ expectations and interests.

He stressed the need for the two Parties and countries to strengthen their cooperation and maintain their healthy and stable relationship, particularly in the face of tensions in the East Sea, internationally known as South China Sea, which have affected ties between the two Parties and countries as well as security, peace and stability in the region.

For his part, Wang said he believed that the visit will help solve existing disputes and differences between the two countries in a satisfactory way as well as further boost bilateral relations.
http://www.thanhniennews.com/politics/vietnam-wants-to-restore-boost-relationship-with-china-party-envoy-30420.html

***********

World Bank asks Vietnam to control budget with strict, simple rulesBy Anh Vu, Thanh Nien News

World Bank officials have asked Vietnam to simplify financial management to secure state income and reduce overspending.

During a meeting held to discuss the State Budget Law last week, Victoria Kwakwa, the bank's director in Vietnam, said the government needs to simplify tax procedures in order to ensure a stable source of income.

Companies doing business in Vietnam spend over 800 hours a year, on average, paying taxes and Kwakwa said that figure needs to be cut in half, at the very least.

Private firms would be happy to pay taxes as long as the procedures were simple and transparent, she said.

Figures from the Finance Ministry released at the meeting showed an 18 percent annual increase in budgetary income since 2002 when the law took effect--or a five-fold increase 5.4 between 2003 and last year.

Income growth has allowed an annual increase of 13.5 percent in public investments, and VND700 trillion (US$33 billion) in wage increases during the last decade.
Do Viet Duc, deputy director of the ministry’s State Budget Department, said a large part of Vietnam's state income remains unstable.

He said 40 percent of the state budget comes from crude oil and exports, which are largely determined by fluctuating global prices.

He said the $83.48 billion public debt (equal to 56.2 percent of GDP) remains "safe" and probably won't exceed 65 percent by 2015.

But he also decried a high degree of excessive spending, without offering specifics.
World Bank officials added that Vietnam lacked discipline when it came to spending and cautioned that continuing its current management practices will lead to yawning deficits.

Finance Minister Dinh Tien Dung said he would try to fix that by demanding that specific officials and agencies justify their spending.

In the future, Dung said he would speak for the central government's spending only and let city/provincial officials explain how money gets spent in their jurisdictions.

The Ministry of Investment and Planning would be responsible for explaining overspending at state-funded projects, he added.

“The spender will have to do his own explaining from now on. The finance minister will only instruct, supervise and blow the whistle on anyone found doing wrong,” Dung said.

Dinh Van Nha, vice chairman of the legislature’s Finance and Budget Committee, told Thanh Nien that he’s concerned about the government’s overspending, as no official has ever been punished for doing so.

Nha suggested that the law include punishments for going over budget. The ministry and the legislature will discuss the law's implementation this October.

He said the leader of any government unit found spending more than assigned must be punished. World Bank officials said that if the Vietnamese government wants better budget control, they need to let citizens get involved by publishing specific and timely reports on government spending. Vietnam routinely releases such reports 18 months after the fact. But the global standard, according to the World Bank, is in fact six months. http://www.thanhniennews.com/politics/world-bank-asks-vietnam-to-control-budget-with-strict-simple-rules-30333.html

 

http://www.dinarrecaps.com/our-blog/thoughts-from-backdoc-at-ktfa-dong

 

Atlantic City’s Glory Days Are Officially Over

The Rumor Mill News Reading Room 

Atlantic City’s Glory Days Are Officially Over

Posted By: Jordon [Send E-Mail]
Date: Tuesday, 2-Sep-2014 10:07:47

Total Wipeout In Atlantic City In case you had any doubt that the attempt by Atlantic City to revive itself as a gambling destination had completely flopped, check out the series of casino closures that are all happening right now. This is from Capital NY's Capital Real Estate newsletter: Atlantic City as we know it is dead: Showboat closed Sunday. Revel, the city’s newest and most expensive resort, pushed hotel guests out the door on Monday and closed its casino floor early this morning. Trump Plaza is to fold in two weeks. And just like that, Atlantic City’s glory days are officially over. Never again will the city be the gaming mecca it once was. Atlantic City's economy is already ailing, and just the closure of Showboat and Revel will cost the city 5,000 jobs, according to the AP. The closures are simple to explain: Total gambling revenues were over $5 billion in 2006. Today they're about $2.6 billion. Meanwhile, things are getting a little melodramatic at Revel, a $2 billion boondoggle that has twice filed for bankruptcy. With nightclubs, gourmet restaurants, and a spa, Revel was supposed to represent a new era for Atlantic City. Morgan Stanley invested $1.2 billion, and upon its completion in 2012 the project's main tower became the second-tallest building in New Jersey Instead, the project didn't last a year before filing for bankruptcy, as the Great Recession wiped out interest among gamblers. Morgan Stanley sold its stake at a $932 million loss. In a recent press conference, A.C. officials tried to put a sunny face on the situation. Resorts Hotel and Casino CEO Mark Giannantonio insisted his units were having "the best summer in about a decade." The head of the town's non-profit promotional organization likewise said data showed stronger activity this year. But Mayor Ron Guardian acknowledged up to 300 city employees will have to be laid off.

Source

Late Monday Night Jester and Friends Chat

Late Monday Night Jester and Friends Chat

09/02/2014

Jester’s Place:

[pollyp] DiddyKong, so this week NATO summit, Europe and Russia becoming Freinemies, Russia and China in the biggest pipeline project in history, Germany wanting their property back. What did I miss?

[DiddyKong] pollyp pretty much it. This is going to be a tell-tell week

[Jester] EVERYONE... HOPE EVERYONE HAD A HAPPY LABOR DAY...

[jojill] Jester...is the operative word still "clogged"?

[Jester] jojill HMMM... GOOD A WORD AS ANY FOR NOW I SUPPOSE...
....

[DiddyKong] the Republic is the people, not the government. If people do not stand by the Republic, it is not just going to come to them. It is like having a dream or a goal, but expecting a fairy god mother to grant it to you……people have to realize that they hold the true power of democracy. It is the fear of the government and other forces that gives that power to the government/elites

[DiddyKong] I want to be quiet now lol. Jester is in the room. I do not want to steal time away from him.

[Jester] DiddyKong NO IT'S FINE TO CONTINUE THE DISCUSSION... IT WAS A GOOD ONE...

[DiddyKong] Jester ok, that is pretty much it for me. Just a bit a speculation and what we hopefully could expect from the NATO meeting. Trying to explain why these expectations exist based on events that have happened in the past and trying to chronolize everything for everyone lol

[vote4rv] hey jester there seems to be reports that cards have been utilized by Iraqi citizens at the new rate. My question is whether the CBI has to continue to sell Dinar at the old rate until the new rate is officially international? If the CBI stops selling then we should see the Dinar dealers eventually stop selling as they run out of supply??

[Jester] vote4rv THOSE CARDS HAVE BEEN REPORTED MANY TIMES OVER THE LAST COUPLE YEARS... HERE IS WHERE I JUST DON'T SEE WHAT IS DIFFERENT NOW EXCEPT THAT EVERYONE HAS BEEN WAITING LONGER... THE CBI CAN DO WHATEVER IT WILL LIKE... THEY DO NOT SELL DINAR BECAUSE THEY HAVE TO THEY SELL IT TO GET THE DOLLARS... THEY SPEND EASIER FOR WHAT THEY ARE USING THEM FOR...

[DiddyKong] Jester to use your words, "Things are still processing" and I expect to see something huge to possibly occur in the process soon. All eyes on Germany's/France's actions after the NATO meeting

[Jester] DiddyKong WELL THERE ARE TWO OPTIONS IN MY OPINION... THINGS REMAIN STATUS QUO... OR THINGS START TO REALIGN IN A DIFFERENT DIRECTION TOTALLY AS THE PLAYERS CHOOSE WHICH SIDE OF THE FENCE IT LOOKS LIKE THE BALL WILL END UP ON...

Jester] DiddyKong GERMANY HAS ALREADY BEEN HINTING AT THE DIRECTION THEY ARE LEANING...

[DiddyKong] Jester I agree with you. It is all exciting and nerve wrecking to finally see it all become apparent and public

[oxglove] Jester and when they go, so long goes the euro

[Jester] NOT SURE FRANCE IS ANYTHING BUT FOLLOWING GERMANY... HAHAHAHAH

[DiddyKong] Jester and that is the house of cards I was referring to earlier with the EU. If other nations see this from Germany and France.... well.... there goes that ship

[DiddyKong] 2 options..... 1 choice..... what will it be U.S.

[Jester] DiddyKong ISN'T THAT THE TRUTH... GERMANY IS THE UNSPOKEN LEADER... MAYBE EVEN OUTSPOKEN... BUT IT IS OBVIOUS THEY ARE THE ONES THAT WILL STEER...

[vote4rv] when is the GCR for dummies book going to come out so we can make sense of all this and check things off? Haha

[Jester] DiddyKong ALSO A GOOD QUESTION... ESPECIALLY SINCE IT IS APPARENT THAT OBOOBOOB HAS NOT PLANS EXCEPT FOR GOLFING... HAHAHAHAH

[DiddyKong] Jester it gives me the chills from excitement. I can only imagine what people that are actually in the know and part of the process must feel

[Jester] vote4rv WE HAVE TOLD YOU NEARLY EVERYTHING WE KNOW ABOUT WHAT TO WATCH FOR AND HOW TO SEE IT... THE BIG PICTURE IS RIGHT IN FRONT OF YOUR EYES IN LIVING COLOR AT THIS POINT...

[DiddyKong] At the same time.... the U.S. must maintain composure in front of its people. Can't have people rioting in the streets now lol. November is around the corner

[kristi] Jester and DiddyKong: Isn't tomorrow the start of the new Breton Woods meeting? Could that be significant? I am not sure who is attending that meeting.

[DiddyKong] kristi ? Didn't know there was a meeting tomorrow. 2014 Bretton Woods Committee International Council Meeting Thu, Oct 9, 2014   http://www.brettonwoods.org/event/2014-10-09-0000/2014-bretton-woods-committee-international-council-meeting

[kristi] Here is the agenda: It starts the 3rd. Prospects for the world’s foreign exchange system; Future of finance and financial institutions; Technology and the future of the international financial system; How to anticipate and manage future crises better; The future of sovereign debt restructuring; The future role of the IMF and World Bank; and History and leadership at Bretton Woods in 1944.

[DiddyKong] kristi link?

[kristi]    http://www.centerforfinancialstability.org/bw2014_topics.php

[Jester] I FEEL SORRY FOR THE ONES WITH THE CLOSED EYES..... I WILL BE THE FIRST TO SAY I LOVE AMERICA... BUT YOU NEED TO KNOW THE TRUTH ABOUT THE CORPORATION AND GOVERNMENTAL BS THAT HAS GONE ON AND WHY I SAY THEY HAVE BULLIED THE REST OF THE WORLD BEFORE YOU CAN POSSIBLY FIGURE OUT WHAT YOU NEED TO DO ABOUT IT... AND IF YOU TRULY LOVE AMERICA THEN YOU HAVE TO UNDERSTAND THIS IN ORDER TO ACT ON IT...

[Jester]    https://www.youtube.com/watch?v=aqIHKWd9rSc

[DiddyKong] Jester awesome. I watching that after this chat while I eat my bed time dinner snack lol

[Jester] DiddyKong IT HAS BEEN AROUND A WHILE... IT DETAILS THE SITUATIONS THAT THE CORPORATIONS TARGETED WITH THE HELP OF THE GOVERNMENT TO PUT THESE COUNTRIES IN DEBT TO CONTROL THEM...

[DiddyKong] Jester it is interesting when you think about how everyday people are just finding, and comparing that to the people "in the know" and what they have been and are doing about it

[Jester] DiddyKong WELL... A FEW YEARS AGO I WOULD HAVE BEEN JUST AS IRRITATED AT SOMEONE SAYING WHAT I DID... BUT NOW I KNOW WHY I WAS IN NORWAY, WALES, AND GERMANY THAT THEY HAVE SUCH A LOW OPINION OF US... BASICALLY THEY ARE MUCH MORE INFORMED ABOUT THE STUFF WE HAVE DONE THAN WE ARE... UNFORTUNATELY... OR WE WOULD HAVE NEVER PUT UP WITH IT FOR A MINUTE...

[Jester] VOTING FOR WHAT YOU CAN GET OUT OF IT INSTEAD OF FOR THE BETTERMENT OF THE COUNTRY IS NOT THE WAY TO VOTE...

DiddyKong] Jester ain't that the truth..... the very sad truth that is....

[Jester] DiddyKong LET ME KNOW WHAT YOU THINK ABOUT THAT TOMORROW...

[pollyp] Jester, that was the purpose of the Rense plan, no? To keep us ignorant

[Jester] I THINK YOU WILL GET A LOT OUT OF IT... ACTUALLY ANYONE WILL THAT WATCHES IT...

[Jester] According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues.

Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos.

Perkins describes the role of an EHM as follows: Economic hit men (EHMs) are highly-paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign "aid" organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources.

Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

[Jester] NOT THE AMERICA I WILL LIKE TO REMEMBER... WE MUST DO SOMETHING ABOUT THIS...

 

Jester] WE CAN DISCUSS THIS SOME MORE TOMORROW IF EVERYONE WILL WATCH THE MOVIE...

[Jester] YOU ALL TAKE IT EASY... HAVE A NICE EVENING...

[Jester] NIGHT NIGHT EVERYONE....

 

http://www.dinarrecaps.com/our-blog/late-monday-night-jester-and-friends-chat4

CONDOR & TNT

CONDOR UPDATE, 2 SEPT

Condor: Tuesday Iraq will make announcements and 800# will be released. Tony is having a conference call with valuable updates on Tuesday. Not sure what time announcement or call will take place but Sept 2nd shaping up to be a big day. Approaching 7 am in Iraq.

Publicado por Dinaresgurus.blogspot.com FORO DINAR GURUS en 10:45

TNT:

[graciousme] BREAKING NEWS: Iraqi president calls for solidarity to fight terrorism Abadi going to announce his government's program today dated sept 2….. Iraqi political sources said a high-level, yesterday, that the Prime Minister-designate Haider Abadi may announce today his government for the next four years, which will be the successor to the presidency of the government of Prime Minister outgoing Nuri al-Maliki.

[igotit ] graciousme ... you "find" is certainly a missing piece to the RV/GCR puzzle, and in accord with many who call for currency revalues on Tuesday 02 Sept 2014!

[graciousme] oh boy I'm ready

[EvangeeGT] Is this really going down?

 [igotit ] EvangeeGT ... according to a caller on Phoenix3333/Les/Wy/BlogTalkRadio/61min mark, Exogen, Tony's tweet, graciousme's find on Iraq announcing the new GOI (above) today ... all points to 02 Sept 2014 ... of course the USA could invoke a HOLD!

Publicado por Dinaresgurus.blogspot.com FORO DINAR GURUS en 9:12 

TNT Tony

TNT Tony‏@THE_TNT_TEAM 9m

Todays call will be an hour earlier. Iraq has completed all required. We wait. D.C will explain. http://InstantTeleseminar.com/?eventID=59492568 … #wearethepeople

Condor last night

Condor:

Tuesday Iraq will make announcements and 800# will be released. Tony is having a conference call with valuable updates on Tuesday. Not sure what time announcement or call will take place but Sept 2nd shaping up to be a big day. Approaching 7 am in Iraq.

Simon Black: "The Morning After: What Happens When a Government Destroys It's Currency?"

Simon Black: "The Morning After: What Happens When a Government Destroys It's Currency?"

09/01/2014

The morning after: What happens when a government destroys its currency

Sovereign Man    September 1, 2014   Dallas, Texas

Imagine this scene:

"Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.”

“The value in savings accounts dropped in half and neither merchants nor consumers knew how to react because they had never been through something like it before...”

This is how an American business executive described living through Mexico’s devaluation of the peso exactly 38 years ago on September 1, 1976.

Looking back, it was so obvious.
....

Mexico had a mounting debt, destructive policies, and a woefully unsustainable fixed exchange rate with the US dollar. All the writing was on the wall.

But most people ignored the warning signs and kept their money in pesos.

Mexican President Luis Echevarria even went out on the radio to reassure people that the currency was safe.

Finally, under intense fiscal pressure, the government reached its breaking point. And on August 31, 1976, they made the decision to devalue the peso.

People woke up the next morning on September 1st to a 50%+ decline.

Coincidentally today is also the 75th anniversary of the Nazi invasion of Poland, the event that ultimately dragged the world into war.

Germany had already invaded Austria and Czechoslovakia in the months before.

By May 1939 Hitler had stated very plainly, “the decision remains to attack Poland at the first opportunity.”

Even a week before the invasion, Hitler told his military commanders, “I have prepared . . . my 'Death's Head' formations with orders to kill without pity or mercy all men, women, and children of Polish descent or language.”

Germany had 60 divisions massed on the Polish border ready to invade.

Yet people in Poland were told to keep calm, remain in place, and have confidence in their leaders.

Finally, on August 30, the Polish government ordered a partial mobilization to meet the German threat.

Needless to say, it was too little, too late. Germany invaded only hours later.

This is a familiar story that repeats across history. Despite obvious warning signs, people almost universally allow themselves to ignore reality.

It’s human nature to want to believe that everything is going to be OK. And when our political leaders whisper soothing words of hope and optimism, we take the bait.

Looking back, it was plain as day that Mexico was going to devalue the peso. Everything about the economy and currency was totally unsustainable. Deep down people knew it.

Similarly, it was plain as day that Hitler was going to decimate Poland. And people knew it.

Yet millions allowed their confidence to be misplaced in leaders who assured them that everything was OK.

Are we so different today?

The raw numbers tell us that most banks in Europe are insolvent. Bank in the US are dangerously illiquid.

Most western governments are bankrupt. Pension and social security funds are insolvent.

Financial markets are at precarious valuations. And the dollar is beginning to unravel as the dominant reserve currency.

These are data-driven assertions. And my guess is, deep down, your instincts are also telling you that something is seriously wrong with the system.

Yet we’re all told to keep calm by our leaders. There’s nothing to see here, nothing to worry about.

Looking back, it’s all going to seem so obvious. If a major, global currency crisis hits within the next 12-months, people will think, “duh, how did I not see that coming?”

Unfortunately by then it will be too late.

It takes only a little foresight and planning to insulate yourself from an event that can have disastrous consequences.

If you knew the Mexican peso was at an unsustainable level, why would anyone continue to hold pesos?

Similarly, if all the objective data suggests that the dollar is in store for an epic decline… and that the entire world is on a path to shift away from the dollar, why in the world would any rational person base his entire life savings in dollars?

It takes little effort to actually do something about it. Hold stronger currencies overseas. Own real assets. Move your retirement account abroad where your bankrupt government can’t steal it.

These are common sense steps, just like putting on a seatbelt when you get into a car.

The time to act is now. Why play Russian roulette when the odds are clearly in favor of the house?

Don’t try to time it. Nobody has a crystal ball. It’s irrelevant whether the trend unfolds over weeks, months, or years. It’s pretty clear where this is all headed.

Until tomorrow, Simon Black   http://www.sovereignman.com/ http://www.sovereignman.com/trends/the-morning-after-what-happens-when-a-government-destroys-its-currency-14925/

http://www.dinarrecaps.com/our-blog/simon-black-the-morning-after-what-happens-when-a-government-destroys-its-currency

Mountain Goat

MR.A.H,I AGREE WITH YOU,BUT SOMETHING TELLS ME THE 11TH OR 15TH,THEY WILL BE FINISHED ON THE 9TH,THEN THEY WILL NEED A FEW DAYS TO PUT THIS IN THE GAZETTE,CBI WEBSITE,IMF,UST,OFFICE OF COMPTROLLER,FED.RESERVE,UN OPERATIONAL RATE OF EXCHANGE AND ALL CENTRAL BANKS,THEN,I MEAN THEN,WE SHOULD SEE THE RATES IN THE BANK,NO MORE EXCUSES.

YOU KNOW FOREX IS THE PLACE TO WATCH.

WHAT DINAR DEALER IS SELLING THE MOST

DINARS,DINARCORP,DINARBANKER,IBUYDINAR OR WWW.DINARINC.COM WHICH TAKES CREDIT CARDS AND IS OPEN LATE.WHEN I SEE THE BUY RATES GO UP THIS WEEK,I WILL KNOW WE ARE CLOSE.

> HI DINARIANS:

> 

> I KNOW MANY OF YOU THINK THAT THE REVALUATION OF CURRENCIES WILL NEVER

> OCCUR.  I GUESS SINCE WE HAVE ALL HEARD EVERY WEEK THAT IT IS GOING TO

> RV AND WE WILL BE AT THE BANKS TOMORROW, I CAN UNDERSTAND WHY YOU

> WOULD THINK THAT WAY.  I AM AS DISAPPOINTED AS ANYONE, BUT I ALWAYS

> KEEP POSITIVE KNOWING THAT IT HAS TO HAPPEN AND NOW IT IS AT THE END

> FOR SURE.  THAT YOU CAN TAKE TO THE BANK.  THERE HAVE BEEN BANKS

> DURING THE PAST FEW DAYS TELLING PEOPLE TO COME BACK TUESDAY,

> SEPTEMBER 2nd, BECAUSE THAT IS WHEN THEY WILL BE ABLE TO DO THE

> CURRENCY EXCHANGES.  SO, WE WILL EITHER HEAR BY TOMORROW MORNING THAT

> IT IS TRUE OR WE WAIT JUST A COUPLE MORE DAYS AFTER THAT.  ONE WAY OR

> ANOTHER, DOES NOT MAKE MUCH DIFFERENCE.  IT HAS BEEN WELL WORTH THE WAIT.

> 

> WELL, MNT. GOAT POSTS JUST ABOUT EVERY DAY AND SEEMS TO HAVE A HANDLE

> AS TO THE TIMELINES ON WHAT WE CAN EXPECT FOR THE ANNOUNCEMENT OF THE

> GOI (GOVERNMENT OF IRAQ).  SHE SEEMS TO THINK AS YOU READ BELOW THAT SEPT. 4th.

> WILL BE THAT DAY AND THE RV ANNOUNCED JUST PRIOR TO THAT OR JUST AFTER.

> SO, ALTHOUGH WE EXPECT TO BE AT THE BANKS TOMORROW (TUESDAY) DOING OUR

> CURRENCY EXCHANGES, I GUESS IT COULD BE FRIDAY BEFORE THAT HAPPENS. 

> EITHER WAY, I DO BELIEVE BASED ON EVERYTHING WE HAVE HEARD IN THE LAST

> SEVERAL DAYS, THIS WILL BE OUR LAST WEEK OF WAITING.  READ HER ENTIRE

> POST AS SHE PUTS IT VERY WELL WHERE WE STAND.

> 

> 

> *Mnt Goat Monday Morning Update (from Sunday)- “A New Timeline”*

> <http://www.dinarrecaps.com/our-blog/mnt-goat-monday-morning-update-a-

> new-timeline>

> 

> 09/01/2014

> 

> 1 Comment

> <http://www.dinarrecaps.com/our-blog/mnt-goat-monday-morning-update-a-

> new-timeline#comments>

> 

> 

> 

> *(Thank you George for sending this to Dinar Recaps Monday morning.)*

> 

> 

> UU0430 -  “A New Timeline”

> 

> Hi Everyone,

> 

> I come to you today to give you a recent update on the election

> process and how this relates towards the international rollout of the IQD for Iraq.

> 

> Note: If you have not read my previous news letter from Wednesday

> 8/27, I encourage you to first read it (*LINK

> <http://www.dinarrecaps.com/our-blog/mnt-goat-wednesday-update-part-1-of-2-moving-forward-again>*).

> Today's news letter, as in all my news letters, is a continuation of

> the ongoing saga of the IQD RV process.

> 

> Today’s News

> 

> We were expected last week to witness the announcement of the new

> Iraqi cabinet headed by Haidar al-Abadi. Today is Sunday 08/31 the

> last day of September and still no formal announcement of the fully

> formed and seated government of Iraq.  Why?

> 

> As I have said in previous news letters it is a struggle to get the

> government completed.   I have tried over the last couple weeks to show you

> the news as to what was delaying the announcement and formation of

> their government. The recent news tells you they are down to the final

> phases of assembling this government.

> 

> I will now briefly give you a quick summary of last weeks events then

> bring you to the current and proposed upcoming events for this week.

> 

> Last Week:

> 

> They have alrady targeted three previous dates to announce the fully

> formed government but as they got closer to the date they realize it

> was not going to happen and so moved to a new date. This has happened again and again.

> 

> Abadi came out late last week stating that 9/4 is his new target and

> probably could seat the government by that timeframe. The million

> dollar question is - will he? According to the constitution he

> technically has until 9/9.

> 

> Some are saying that of Abadi does not seat the government by the

> constitutional deadline that Maliki will simply take over the process

> and complete it. He will then simply appoint himself the new prime minister.

> 

> Do you see just how ridiculous this news was. Once again we see the

> seeds of pro-Maliki rearing its ugly head. Simply idiotic and complete garbage !

> Please, please simply ignore this kind of news. It makes absolutely no

> sense at all. I do not even know why people bring this stuff over to

> the forums. Why What is the point? Do you also believe deep down such

> nonsense could possibly be real?

> 

> If they must go beyond the deadline, parliament will simply vote on a

> referendum allowing them to do so with a new timeline. It will be for

> a very good reason. However I will also add they are moving at

> lightening speed and are very much aware of the necessity to complete

> this new government and get it announced ASAP.

> 

> So we saw in the Iraq news that about mid last week Abadi put together

> a round table to bring in all the players from the blocs. He

> especially wanted the National Alliance and the State of Law coalition

> in the discussions. There are just a few minister positions not yet

> filled and the vie president and deputy vice president.  The alliance

> of the Iraqi powers holds the National Alliance responsibility for the

> collapse of the round table negotiations for preventing granting the

> rights of the Sunni component.

> 

> We saw how the State of Law boycotted any discussions and refused to

> give their list of candidates to Abadi after the bombing of the

> mosque. They required the government to bring the perpetrators to

> justice. Abadi then held an investigation and four were arrested. Then

> on Thursday the candidates were finally released to Abadi. The

> deadlock was over and Abadi made the announcement he could then

> probably seat the new government by 9/4.

> 

> Current News

> 

> My news today is direct from my sources in Iraq as of Sunday 8/31. It

> is all good news and they are moving ahead.

> 

> They pointed out that all political blocs are now  participating in

> the negotiations to form a government, disputed broke out last week to

> nominate four ministers and they finally agree on granting the

> National Alliance Shiite ministries of defense, foreign affairs,

> finance, and the Union of Iraqi national forces Sunni Interior Ministry.

> 

> What is left is a single undecided ministry, Ministry of Oil, in which

> may go to the Kurdistan Alliance. Negotiations are still in progress

> as I write this news letter. This will probably be resolved by early this week.

> 

> It has not been definitely decided yet who the vice president and

> deputy vice president are going to be. But this too will be resolved

> shortly and does not seem to be a huge obstacle since these positions

> are just more of a formality after the elections are done.

> 

> There are also two of the formerly selected ministers  that are being

> contested by a representative from Najaf and wants them replaced. The

> minister of health and the minister of utilities. The President of

> Parliament is giving them two more days to be replaced and this should

> be done by Tuesday at the latest.

> 

> Last week they swore in all ministers already chosen and began to

> officially seat them. Does this make a complete government ?  No- this

> just means that about 12 of the ministers were officially seated and

> their names listed in the gazette making it official. As usual this

> was all hyped up and misunderstood. This was not the announcement of

> the fully formed government we have been waiting for. This week there will be yet others.

> They plan to swear in the last 5 ministers and seated seat them and

> hopefully they can do all this by 9/4 or 9/9 (at the latest), when

> they are targeting the “formal announcement”.

> 

> Believe me when they announce the government it will be all over the

> international news media channels such as CNN and FOX news. Don’t you

> get sick and tired of the hype? Why is all this news from Iraq so

> misinterpreted all the time by the same intel groups?

> 

> Decentralization of Gov’t (con’t)

>  .

> Essentially the decentralization effort, as I have explained in past

> news letters,  is giving more power to the provinces and a check on

> the Federal government.

> 

> If you have been reading my news letters all along you must remember

> the news I have been including about the desire and necessity by the

> new government to support more autonomy by each of the six main

> provinces. This is being modeled off of the State/Federal system in

> American as it will be the Federation of Iraq.

> 

> This week we heard the final count of ministries was down to 17 from 31.

> They combined the duties of some and eliminated others that were redundant.

> Remember also some ministers were on the payroll but essentially had

> very little responsibilities. Others that were redundant and had

> conflicting responsibilities with other ministries. It was always

> questionable who was actually in charge. Maliki liked to keep you

> guessing and chaos was the rule of law. This way he could have control

> over everything yet have no responsibility for the corruption that was

> ramped. At least this is how he planned it. A side effect was nothing ever got done.

> 

> This past week Dr Allawi was officially appointed to head up the

> “Federation Council”, hurry, hurry, hurry ! I could not think of a

> better person for this job. Congrats to Allawi! .

> 

> This is the current line up for this coming week (targeted events):

> 

> The parliament Speaker, Saleem al-Jobouri, while meeting the official

> in Babel Province stated that there are no obstacles to hinder the

> formation of the next government within the constitutional time limit.

> 

> I personally do not think it will go until 9/9.

> 

> This is how I am hearing they plan to roll out the new government.

> 

> September 3, the remaining ministers will be sworn in.

> September 4, the official list of ministers will be released to the

> media and the people. They will announce that the government is “officially”

> completed. They will also announce the new Federation Council and its

> head Dr Allawi. They will have a photo opp for the press of the

> council of ministers along with the prime minister Abadi, his

> deputies, the president , the vice president and deputy vice president (the presidents council).

> 

> The ministers will officially start their jobs September 9 as Jubouri

> has stated the next official session of parliament is planned to begin on 9/9.

> We all know there have been promised and concessions made to all

> parties and political blocs. The trust factor is very low that this

> new government will not do the same as the Maliki government. There is

> a stack of bills needing to be passed and implemented such as  HCL and Article 140.

> Parliament will not waist any time.

> On September 9 a bucket of laws is supposed to be brought before

> Parliament. Following these laws will be the budget law. Many of these

> laws are to denounce and vote on the repeal of many of the special

> “Maliki government” laws implemented over the last  8 years. These

> laws mostly circumvented the constitution and are of no use.

> Many of the new laws are needed and are laws to support the effort of

> decentralization and to give more powers to the provinces.

> Summary

> So today’s news is still good news and we target now Thursday, Sept

> 4th for a possible announcement. Can they complete the government by then?

> 

> We have seen in the news today the reasons for the hold up and the delays.

> 

> It is not a mystery or a conspiracy of holding back the formal

> announcement from the world as to why it has not yet been made.

> 

> In the mosque last Friday they announced the ministers so far, telling

> the people there is progress. The ministers sworn in so far were

> published in the gazette but not the full set of ministers to make up

> a complete council of ministers. This has lead to much confusion among

> news gathers since they do not understand Arabic and often confuse

> what they are hearing and seeing. I do not know why but they fail to

> get the big picture over and over again.

> 

> THE GOVERNMENT IS SIMPLY NOT YET COMPLETED !

> 

> Then when can we expect the RV?

> All I will say is what I have been saying all along we wait for a

> formal

> (global) announcement to the public that the Iraq government is now

> fully formed. Many of you asked me if a formal, public announcement is

> necessary and the answer is a big fat YES

> 

> 

> 

> I do whole heartedly believe that the RV rollout will be completed

> just prior to or just after this announcement.

> 

> I want to emphasize once again this final announcement  of the IQD

> going international will not happen until the USA feels the Iraq

> government is stable, non-sectarian and is a functional government.

> This is has been the plan all along. They may have wavered a bit on

> how the plan was implemented but the overall plan guidelines have not changed.

> 

> Peace and Luv To Ya All,

> Mnt Goat

>