Bits and Pieces in Dinarland on a Quiet Saturday Afternoon 9-21-19


Dr.Timm:  I know we all are waiting for the RI with Iraq & the RV of other countries, but I have a question.This week daily it seem the FED is dumping BILLION$ in the banking system. And daily their asking for more 'bail out funds'.What happens to our investment if they go side ways either prior too or after we all exchange?I believe our funds will protected by the 'gold standard' and our funds will be 'digital' (?)

Coco:  I will only exchange a 5K Dinar Note at first.  I will not exchange anything sizable until I know we are back on the Gold Standard and that our President has finished Draining the Swamp as much as possible (PERP WALKS). Why exchange Gold backed IQD for Fiat, Fugazy USD with so much uncertainty?

Cornhusker:  I have said this over a year ago thank god people are starting to wake up.


Samson:  Two sources: Saudi Aramco instructs UBS and Deutsche to manage the books of its initial offering   LINK

S41755k:  After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives

 Deutsche Bank Headquarters in Frankfurt, Germany

By Pam Martens and Russ Martens: April 17, 2019 ~


Courtesy of Dinar Guru

Jeff  ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. 

They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...


KMan:  I think I'd have a heart attack if Iraq did anything when they said they would. On it goes, where it stops, nobody knows.

Annie68:  Right on, KMAN! Could this have been done and they are all being silent for some reason??

JSL:  I heard from an unnamed source the Fed has put 275 billion into the lending market, some believe this is more evidence of "they are anticipating this revaluation…this reset is about to happen............ Take it with a grain of Salt


Clotheshorse:  This gives you an insight and an idea as to how to minimize your losses and maximize your gains!  This is a way where a little bit of money gives you control of a large amount......wink, wink!



Harambe:  Bloomberg: Zimbabwe Central Bank Tightens Rules for Currency Exchanges  (9/21/19)

Zimbabwe’s central bank has tightened the rules governing the trade of foreign currency by money exchange offices with immediate effect.

The rates offered by exchange offices must be 7% above or below the interbank mid-rate, the central bank said in an emailed statement. Failure to comply would result in either heavy financial penalties or license revocation, it said. The southern African nation has 200 licensed exchange outlets.

Since a parity peg to the U.S. dollar was dropped in February, the local currency has slumped to 14.43 to the dollar, making it the world’s worst performer. It’s even weaker on the parallel market at 20.3 versus the U.S. currency, according to, a website that tracks unofficial rates.

The government earlier this week declared a state of disaster, threatened by the country’s worst-ever famine after harvests were hit by a drought and cyclone-induced floods.


ANOTHER COMING RECESSION? Federal Reserve funds banks billions, market is broken

Glenn Beck:  Published on Sep 20, 2019

The Federal Reserve just stepped in, lending hundreds of billions of dollars to major banks to keep them afloat. Why? Banks didn't have enough money to trade to each other.

So, the Fed stepped in. And it's happened now THREE DAYS IN A ROW.

Overnight interest rates have spiked. And now economists say the Fed will remain active in the repo market for the time being. Glenn explains why these signs show there's something wrong with the market and we need to do something before another crash.

What is the repo market and why is Wall Street worried?

Published on Sep 20, 2019

Yahoo Finance's Brian Cheung breaks down what the repo market how it works.