IQD CALLS Chat Early Saturday 1-11-20

IQD CALLS Chat Early Saturday 1-11-20

chattels   With all eyes on Iraq, it would be a mistake to lose sight of the consequences of how the US killing of the Islamic Revolutionary Guard Corps' Quds Force commander Qasem Soleimani on Jan. 3 is playing out in Israel and Gaza.

Read more: https://www.al-monitor.com/pulse/originals/2020/01/israel-fret-us-pullout-iraq-hamas-iran-debt-soleimani-kill.html#ixzz6AgPiNs9T

chattels   Baghdad / Nina / The leader of the National Coalition, Dr. Iyad Allawi, announced his resignation from the membership of the House of Representatives as a result of what he called the parliament’s failure to fulfill its legislative and oversight role and not dealing seriously and positively with the demands of the popular and mass movement. https://ninanews.com/Website/News/Details?key=806997

chattels   Likely an effort to make himself more appealing to the masses, IMO.

chattels   Baghdad / Nina / The dollar exchange rates on the Kifah Stock Exchange and local markets fell on Friday.  The prices of the Kifah Stock Exchange recorded 121.850 thousand dinars per hundred dollars.

https://ninanews.com/Website/News/Details?key=806985

chattels   Iraqi PM Abdul-Mahdi visits Erbil to meet with senior Kurdish officials https://www.rudaw.net/english/kurdistan/11012020

chattels   Iraqis revive anti-government protests after US-Iran hostilities https://www.rudaw.net/english/middleeast/iraq/11012020

chattels   Thousands of Iraqis in several cities in the south of the country took to the streets on Friday, calling for the dissolution of the government. Activists had campaigned for a million-strong nationwide protest, but the crowds did not reach this number.

chattels   U.S.-Iran Tensions Have Set Back Middle East Street Protests

Hostility between Washington and Tehran has made it harder for protesters in Iran and Iraq to press for political change. https://www.wsj.com/articles/u-s-iran-tensions-have-set-back-middle-east-street-protests-11578675523

chattels   Financial expert assures NINA the importance of not rushing to adopt urgent decisions to remove foreign forces and exposing the Iraqi economy to the risk of facing smart sanctions   Saturday 11, January 2020 https://ninanews.com/Website/News/Details?Key=807083

chattels   Baghdad / Nina / The expert in financial affairs, Safwan Qusai, stressed the need to activate financial hedging operations in public and private banks in Iraq in order to increase confidence in the Iraqi dinar against other currencies in the future.

chattels   He said in a statement to the Iraqi National News Agency ( NINA ): Iraq is currently witnessing fluctuations in the exchange rates of the Iraqi dinar in the parallel market because of the continued political, economic and military escalation between the United States of America and Iran and the failure to respect Iraq’s sovereignty over its lands from both, and most traders should resort to hedging from The Iraqi dinar and the purchase of the dollar in order to avoid any circumstances, and that fear was reflected in the value of the Iraqi dinar in the parallel market.

chattels   Whether you subscribe to the " 2% rule " or not, clearly Iraq is currently witnessing fluctuations in the exchange rates of the Iraqi dinar in the parallel market because of the continued sociopolitical issues and military escalation between the United States of America and Iran. Absent security and stability in / for Iraq I doubt any increase in the value of the dinar. 

chattels   Iraqi protesters decry Iranian and US interference   Shelly Kittleson January 11, 2020  Read more: https://www.al-monitor.com/pulse/originals/2020/01/iraq-iran-us-protests-1.html#ixzz6AiZwiQ6b

chattels   Canadian Prime Minister calls for holding Iran accountable after admitting to shooting down the Ukrainian plane  Saturday 11, January 2020 https://ninanews.com/Website/News/Details?key=807080

chattels   A slight rise in the price of the dollar against the dinar today

Saturday 11, January 2020 https://ninanews.com/Website/News/Details?key=807087

chattels   Baghdad / Nina / The dollar exchange rates rose slightly on the Kifah Stock Exchange and local markets on Saturday.

The prices of the Kifah Stock Exchange recorded 122,500 dinars per hundred dollars.

chattels   While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions.

Baxter   unfortunately Chattels... I totally agree with you....the signs of an increase in value to the dinar...are way...way up on the horizon.... Goggles gurus say....?? Not hardly...More Like Hi Power Binoculars at this point...2020 is not going to be friendly to us.. Im afraid...

Patty   Good Morning all, and thank you Chattels for the updates. Even though some of gurus are calling for "this week" it will be probably be awhile.

Wheresmyrv?   This is insane that this has gone on for this long, should have been done years ago

Patty   Just a question...when people invest in gold and it is kept by the seller, if President Trump were to declare martial law, would all that gold be turned over to the government?

Doug_W   Patty he won't and no

Doug_W   where did that idea come from Patty?

Patty   it's been so quiet that my mind just wanders off. besides, I'd prefer gold in hand. throughout the week we get silver updates. so just wonder on gold.

Doug_W   if U buy gold buy SMALL quanities its easier to barter with in case the ecomomy fails I pref er silver 4 that reason

Patty   perfect. Thank you. my little brother does that. small lots of silver. he has a 'compound' - self sufficient. (I don't have one, live in a townhouse condo) never thought about bartering. you've answered a big question I've had - how do you eat gold?

Doug_W   exactly

Doug_W   pre 1965 US coins are 90% silver and accepted everywhere

Doug_W   Patty this is a place that gives U an idea of the silver content of all US colins containing silver

Doug_W   http://coinapps.com/silver/coin/calculator/

Dave   SILVER.........    good against werewolves too....

Patty   dragons also?

Dave   Patty not sure on that

Dave   Doug would Know that

Dave   silver has not kept pace with gold

Dave   recollect when gold was 32oz ,silver 1.25 ish

Dave   gold 1600.......too rich for my blood esp when silver is undervalued me thinks

Patty   Dave and Doug, I've a few Canadian Maple Leafs. I'd rather have a little steak with baked potato. Keep them in box at bank - not earning any interest. Just pretty to look at once in awhile. and I thought gold was 35.

Dave   Canadian dollar was worth more then

Dave   did say ish......LOL

Dave   silver did hit almost 50 about ten yrs ago

Patty   last year Cramer said gold should be 2500. it has a little way to go to get to that number.

Dave   From TAXI?

Dave   Contractor rates for IQD 32......

Patty   yep. he's famous not only for driving a cab, also predicting stock futures.

Dave   some get better luck with their crystal balls......smashed mine 10 yrs ago

 

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