Dinar Recaps

View Original

IQD CALLS Chat Early Friday 2-14-20

IQD CALLS Chat Early Friday 2-14-20

sandyf   @Dave sandyf on your next drive by could you please explain the prior month of your spread sheet. 46 Trillion. May and June would be over 100 Trillion???

Do not know what you are talking about. I did not post a spreadsheet, I referred to the financial statement issued by the CBI for the end of Dec 2019 which shows the currency issued as 51.9 Trillion, it also shows the figure for the end of Nov 2019 at 51.0 Trillion. Where does May & June come from?

sandyf   @Dave Currency ISSUED couLd also be electronic?

Totally irrelevant, the only thing that counts is the liability faced by the CBI.

sandyf   @Zig Lots of "could be" this and "could be" that.....

There is very little "could be this" or "could be that" in the accounts, that all comes from dinarland.

sandyf   @Dave https://cbiraq.org/SeriesChart.aspx?TseriesID=157

This chart you posted on 3rd Jan has now been amended to reflect what is in the financial statement. The concept of it suddenly being reduced to 5 trillion was nothing more than dinarland clutching at straws.

See this content in the original post

chattels   Good insights / info from Kap and sandyf last night

chattels   Rocket fired at Kirkuk military base hosting US troops: security sources https://www.rudaw.net/english/middleeast/iraq/130220203

chattels  The person or group firing the rockets at bases with US personnel wants a war between the US and Iran or is just crazy. Someday they are going to kill someone and there may be hell to pay although I wonder about our President's options with the vote in Washington yesterday.

chattels   Kurds set conditions to vote on the government of Muhammad Allawi

Friday 14, February 2020 15:14  Baghdad ( NINA ) - Political sources revealed the Kurds' conditions for voting for the government of Muhammad Tawfiq Allawi.

The sources stated in press statements: "The conditions are the guarantee of 4 ministries for the Kurdish parties in the new government, the granting of privileges and salaries to employees and peasants' dues, and the guarantee of the implementation of constitutional benefits, payment of peshmerga dues and their organization within the Iraqi defense system." https://ninanews.com/Website/News/Details?key=812486

chattels    Al-Araji: The political blocs are lining and operating in contradiction to what they are announcing  Friday 14, February 2020 https://ninanews.com/Website/News/Details?key=812456

chattels   Araji said in a tweet on" Twitter "line the political blocs , in fact, even the opposite of what works declares; it has reported most of These blocs are the prime minister entrusted with failing his mission unless they are allowed to participate in his government, and this is further evidence that these blocs do not appreciate the gravity of the stage as we have said before .

chattels   Jubouri reveals the need for [$ 15 billion] to rebuild the city of Mosul

Editing Date: 14/2/2020 14:04 • http://www.alliraqnews.com/modules/news/article.php?storyid=86757

chattels   Have a fine day all.

larrykn   US Navy intercepts 'Iranian weapons' bound for Houthis https://www.thebaghdadpost.com/en/Story/46069/US-Navy-intercepts-Iranian-weapons-bound-for-Houthis

larrykn   well not much out there today , its Friday , Have a great day all

kevin311312   ​Baghdad / Obelisk: The Sadikoun Parliamentary Bloc, Thursday, February 13, 2020, confirmed that Prime Minister-designate Muhammad Tawfiq Allawi succeeded in completing his cabinet, stating that Allawi will not give in to pressure from the Kurdistan Democratic Party led by Masoud Barzani and Speaker of Parliament Muhammad Al-Halbousi to keep Finance Minister Fuad Hussein And a number of Sunni ministers.

The representative of the bloc Ahmed Al-Kinani said in an interview with local media, that Allawi has completed his cabinet completely without the interference of political blocs and their pressures, pointing out that Allawi's cabin is free of partisan ministers and the House of Representatives will support it by voting to give it confidence.

He added, that Allawi refused to submit to pressure from Al-Halbousi and the Democratic Party by keeping Finance Minister Fuad Hussein and a number of Sunni ministers in his new cabinet, indicating that Allawi will succeed in managing the ministry as he was not subject to the pressure of political blocs. Follow the obelis

See this content in the original post

kevin311312   from iqd team

Baxter   rv...rv...rv...rv....

Baxter   thats all we needed.... lol

kevin311312   almasalah.com/ar/news/187862/محمد-علاوي-ينجح-بإكمال-كابينته-بعيدا-عن-تدخلات-الكتل-وضغوطاتها

Zig   English LINK

Zig   Actually Kevin copied the whole article....no need to go to article.....

Baxter   the link is bigger than the article... LOL

kevin311312   I thought it was a good one

Baxter   who knows

kevin311312   come on RV daddy needs a new truck

kevin311312   15800.00 in the last two mounths, in break downs    1900.00 in toe bills

Baxter   my god.. you do need a new truck

kevin311312   lol

Baxter   what do you haul... the space shuttle

kevin311312   40 ton of wood most of the time

Baxter   you got 1/2 million miles or more on it then

kevin311312   1.2

kevin311312   Today, Thursday, the holy shrine of Husseini announced the opening of a factory for the production of construction materials, which operate "robots", the first of its kind in Iraq.

kevin311312   what a joke they cant even find people to run a water purification plant,or make there own electric

See this content in the original post

Dave   Gas Flaring in Iraq: A “Burning” Issue Gas Flaring – A Wasted Resource

Reports suggest that Iraq wastes almost 62 per cent of its gas production which is equivalent to 196,000 barrels a day of crude oil. At US$70 a barrel the wasted resource is worth close to US$45 billion, which would have been sufficient to build a whole new gas industry.

Lately gas production and utilisation had gone up appreciably to 29.4 and 13.8 bcm a year respectively, which means that flaring has also risen to 15.9 bcm. This which is equivalent to about 260,000 thousand barrels a day or a loss of about US$20 million a day.

Dave   https://www.ecomena.org/gas-flaring-in-iraq/

Dave   much more.....good read about wasted cash flow

Dave   i guess they prefer to purchase their energy needs from Iran...,..

Dave   just received another 45 day extension......from USA.....

Dave   thats almost 1 yrs worth of extensions

Dave   45 Billion USD./yr.....? Think of the refineries they could build....Build something at least

Dave   45 Billion USD with 40million peeps......10K/yr per citizen.........wasted?

Dave   hope math is right.....lol

Dave   1000/yr.......

Doug_W   I have been harping on flarring over there for years not only is it a waste it is very polluting too

Zig   @Sam: Hi...That was a good conversation between you and Chattels yesterday.....very civil.....a good example for everyone...

Sam I Am   Zig Gracias   It was informative to me

Dave   ironically with each and every year our expectations seem to have been waning???

Baxter   really... I wouldnt have thought that Dave

Dave   Baxter just sayin

Baxter   but..but...but...but... we are so... so close

Dave   close to What?

Baxter   rv

Dave  seems we have taken a giant step back

Dave   take a nickle now........

Baxter   slightly

Baxter   yep

Dave   cant believe I said that

See this content in the original post

Zig   I wonder how many will be giving up during 2020 if nothing happens....how many will still be in this chat in 2021?

Dave   wonder what the odds are on Allawi getting appointed Sunday?

Deano   How many people will be here if this happens in the next month or two

Baxter   till March 17th... that starts my 15th year

Dave   Deano i will just to give Sam a hard time

Baxter   Im gonna celebrate by putting this dinar on the closet shelf..

Deano   You know I do understand some of you and your frustration. If more people would start focusing on the positives instead of the negatives it might make for a better atmosphere. Just my opinion anyways.

Dave   Deano !4 yrs of hopium.........

Dave   IRAQ has Done Nodda!

Deano   @Dave until NOW !!!

Dave   andre has an annoucement?

Sam I Am   Can I offer an observation?

Deano   I think we're sitting in a pretty good spot.

Deano   @Sam I Am sure why not

Dave   Couchin it now

Sam I Am   Deano thx

Sam I Am   As I've pointed out several times, good news or bad news doesn't affect the value of the IQD. It's a pegged currency. The only relevant factors are money supply, foreign currency reserves, and their exchange rate policy.

Deano   Too bad I won't be on here for that announcement fro Andre. Gotta go beat on the drums and make money tonight

Sam I Am   As long as their policy is exchange rate stability that's what you're going to see. So in effect, you're betting that they will change that policy.

Deano   @Sam I Am Can you agree that they may be doing things behind closed doors that has not and will not be released until they're ready.

Dave   I suppose is one disregards what CBI has set out?

See this content in the original post

Sam I Am   Deano That's a possibility, just like it's a possibility that Hillary Clinton or Al Gore will jump into the race and become president. Not a possibility I would bet on.

Deano   If policies can be voted on to change who says they won't be changed?

Dave   Increase/Restore purchasing power,delete 3 zeros....fils etc

Sam I Am   Deano They might be, but history would suggest otherwise

Deano   I think if more people would think outside the box.

Dave   that is why i bought in yrs ago????

Zig   Sam I Am :  Thank you so much for mentioning my name....Yes, I may jump into the race....

Sam I Am   When has the central bank of a country changed the value of their currency by enough to make people who invested a few thousand dollars into milliionaires?

Dave   Sam I Am Kuwait for a few lucky people

Sam I Am   Zig suddenly I'm nauseous

Deano   @Sam I Am no offense. But I wish people would stop bringing up the old days. Look at where we're at now. Iranian influences being pushed out. Corruption being dealt with. More hands that are outside of the corruption are in this pot called Iraq.

Sam I Am   Dave Kuwait's central bank never changed the value of their currency

Sam I Am   Deano The reason I bring up the past is because past behavior is the best predictor of future behavior

Dave   They just eliminated it.....

Dave   Sam I Am recollect the Days of when Maliki missed impeachment by 1 vote.......seems Iraq has been going backwards to me?

Dave   We were so close then........lol

Doug_W   Dave SOON

Baxter    SOON..or SOON to be a Nickel

Zig   I am down to 3 cents...LOL

Baxter   HEY.... you Under Cutter

Zig   :na;

Rand   I would be happy with a penny.

Rand   I would be happy with a penny.

Baxter   aw .. come on people...... dimes... dimes

See this content in the original post

Rand   I would be happy with a penny.

Baxter   nah... I need more than a penny

Baxter   if my zeroes are right... that would only be 200,000 dollars

Baxter   15 years is worth more than that piddly amount

Chattels   Deputy for the State of Law coalition, Alia Nassif, confirmed that the government of Prime Minister-designate Muhammad Tawfiq Allawi is outside the framework of quotas, noting that most of the political blocs did not participate in the new cabinet.

Nassif said in a press statement today, Friday, that "the Prime Minister-designate's refusal to the quota system and his failure to comply with the requirements of the blocs may lead to obstructing the wheel of his government."

http://www.alliraqnews.com/modules/news/article.php?storyid=86767

chattels   http://www.alliraqnews.com/modules/news/article.php?storyid=86767

chattels   Nassif demanded that all blocs give up their political gains to support the new government and succeed in fulfilling its duty if it was a cabinet of popular entitlements.

chattels   Controversial new law could make Iraq's early elections late

Omar al-Jaffal February 14, 2020

Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-elections-law-parliament.html#ixzz6DyawmBqN

chattels   The Iraqi parliament, under public pressure from months of widespread protests, has passed a new electoral law that still leaves protesters and parties representing Kurds and Sunni Arab areas far from satisfied. The law has yet to reach the president's desk to be ratified.

Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-elections-law-parliament.html#ixzz6DybCt4nL

chattels   According to the Iraqi Constitution, parliament is obliged to send the approved law to the president for ratification, though it doesn't designate a specific time frame for doing so. After receiving the law, the president has 15 days to contest it and return it to parliament; otherwise, the law is considered ratified.

Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-elections-law-parliament.html#ixzz6DybLGWaW

chattels   In reality, the disagreement among parties that has foiled the law's ratification so far will ultimately postpone early elections significantly, despite the inflamed public's demand that it be implemented without delay.

Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-elections-law-parliament.html#ixzz6DybbJcWT

See this content in the original post

chattels   Who are Sadr's Blue Hats in Iraq and what side are they on?

Read more: https://www.al-monitor.com/pulse/originals/2020/02/muqtada-sadr-iraq-blu-hats.html#ixzz6Dybo20Ot

chattels   Iraqi protests blush pink as feminists flood street

Lujain Elbaldawi February 14, 2020

Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-protests-feminism-women.html#ixzz6DycCakvR

chattels   Women change the world.

Dave   Run mine......

Wilder   Sam I Am @Dave Kuwait's central bank never changed the value of their currency.......Whether they changed the value of their dinar or not. I personally know of 7 firemen who who left the FFD because of the chance they took on Kuwaitis dinar. The rest of that crew including a number of HFD then invested in the Iraqi dinar. Those from the FFD incorporated and became builders.

sandyf   @Zig Sam I Am : Not much...did you read what Baxter brought in earlier regarding oil credits, etc??....

A clever piece of creative thinking that has been kicking around for years, but how would manipulation of the price of oil to the US constitute an overnight international revaluation of the IQD. The BS flies in from all directions.

Dave   Wilder Thought WW111 brought his personal experience with kuwaiti Dinar as well

Wilder   Who? You got me on that one.

Kaperoni   Sam still here?

Kaperoni   14 Feb 20, 04:42 PM Sam I Am As long as their policy is exchange rate stability that's what you're going to see. So in effect, you're betting that they will change that policy.

Kaperoni   To answer that question...the CBI will change that policy. That is only a directive from the IMF to meet compliance. Just like in 2013, when Shabibi was about to change policy, eventually with the current management it will change again

Wilder   Those guys from the FFD tried to get the Chief and captains to invest. Thats a sad feeling when look back and say to yourself. Could of should of.

 https://www.iqdcalls.com/chat/

See this content in the original post