IQD CALLS Chat Early Tuesday 10-15-19

IQD CALLS Chat Early Tuesday 10-15-19

Chattels   Courtesy Dinar Updates   " In 2004, during the US-led Coalition Provisional Authority following the US-British occupation of Iraq, the Central Bank of Iraq established the so-called "hard currency daily auction" as part of its efforts to revalue the Iraqi dinar. Sometimes this amount is usually from Iraqi oil revenues sold.

The auction has continued to operate since then. Iraqi observers and officials estimate the value of the dollar sold in this auction over the past fifteen years, more than $ 300 billion, most of which came out of Iraq to other countries without achieving benefit for the Iraqi dinar and its value, which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)."   LINK

 chattels   " ......... the Iraqi dinar and its value, which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)." Dated October 9, 2019.

Chattels   If one takes the time to read the commentary made over time by sandyf then there is both logic and hope in all of this.

Chattels   The central bank sells more than $ 233 million at a currency auction today

Tuesday 15 October 12:35 2019 https://ninanews.com/Website/News/Details?key=792498

Baxter   crooks must have needed another paycheck.. they had an auction

chattels   Monday, October 14, 2019  Crackdown Continues Against Protesters While Iraq Govt Announces Investigations

The last protests in Iraq took place on October 9. Prime Minister Abdul Mahdi claimed he made a deal to hold off on further activism until after the Arbaeen pilgrimage.

Now demonstrators said they would return October 25. There have been posts on social media on preparations such as making metal shields for protection against the security forces. It’s yet to be seen whether the government will respond again with violence, which cost over 100 lives, and saw attacks upon the media.

https://musingsoniraq.blogspot.com/2019/10/crackdown-continues-against-protesters.html

chattelshttps://twitter.com/JoelWing2

Baxter   let the riots begin..  cant hurt us any how can you go below a tenth of a penny

chattels   Iraq launches probe into killing of protesters

13-10-2019 https://www.rudaw.net/english/middleeast/iraq/13102019

Clay   wow 6000 injured, 100s killed  Clay   not good

Baxter   probably going to get worse....

Clay   yep

Clay   not a way to rebuild a country

Baxter   not a way to rv a currency either

chattels   And that's the way that it is from the news that I read out of Iraq on this Tuesday, the 15th day of October, 2019.

chattels   Almost the end of 2019.

chattels   2020 is a good number.

Doug_W   Silver:$17.61 -0.15

Dave   arrg......Demonstrators had given Govt 2 weeks to get those corruptors 13 days ago......learn that it has been extended to the 25th.....

Baxter   yes... did you see the metal shields they are building for the demonstration?

Baxter   look like something the Romans had.. LOL

Dave   no....

Dave   yeh they got tanks.....

Dave   hard to say how this will play out......guys like Maliki wont do down without a fight

Dave   what do they have to loose......

Dave   ...so the Govt promises to build 100s of thousands of low cost housing units

Dave   after decades of destruction.......who isd going to build them

Dave   average age of 24 yrs.........not many skilled tradesmen to build squat

Goofus   WARNING: A message from Joe Biden:

NEVER, discuss your son’s business ventures with him -- as it will be extremely harmful for your political aspirations.

Baxter   Goofus so true... did you see where Warren is now ahead of Biden...

Goofus   Joe is "Toast"

Francis Albert   sandyf@Sam I Am Zig That was another BS guru theory ... that the US Govt holds trillions of dinar that they're going to exchange post-RV and pay off the national debt

Francis Albert   This is one of my favorites too that Sandyf posted last night. So, if UST had Trillions or billions or even millions of Dinar to cash in to pay off the debt. Where would the money come from?

Dave   Kap.... Finally agreed with the wheel barrow scenario........

Francis Albert   What is Kap's wheel barrow scenario?

Dave   Francis Albert Newbie?

spankie   wallet or wheelbarrow for the fils

Dave   and low denoms

spankie   1000 iqd for a coke

Dave   exactly

Francis Albert   I've just seen Kap's stuff on Recaps and I came in a few weeks ago to posit some arguments saying his 40 Trillion Dinar money supply makes most of what investors are looking for obsolete,

Dave   Francis Albert yes those hard currency exchanges at CBI are meaningless....LOL

Francis Albert   And I've given some reasons here and there why I don't think it is a problem for raising the value of the IQD

Dave   4 T a month

Dave   for well over a yr

spankie   china yuan around 195 trillion out there

Dave   how many Zim .....lol

Dave   USD still King

Dave   ...until this GCR.....lol

Dave   go Zim.......

spankie   usa keeps dropping interest rates- near zero now- keeping economy afloat pumping billions into it

Dave   about 3 % here on a mortgage

Dave   29 % on CC

Dave   banks doing ok me thinks

Dave   banking fees...use of debit and atms.....

Dave   .how much per tap to buy that coffee

Dave   peeps tap tap tap

spankie   if they only have to keep 3% of your money with fractional reserve banking and there is a run on the banks there will be a problem- that 250k insurance per account wont work-

Dave   spankie true that

spankie   if economy so great then why lower rates more and more for lending-should be opposite

Dave   monies that banks do not have

Dave   costs of merchandise

Dave   peeps in india and china no longer work for next to nodda

spankie   china stole all the good paying jobs-- now we get part time w no medical coverage

Dave   we got fat and lazy.....

Dave   out sourced it all

spankie   looking at a new laptop battery- made in usa cheaper than chinese junk batteries- tarrifs maybe working- go trump

Dave   post ww11 USA made most everything in the world

spankie   I would rather pay more for something made here that will last and help americans than get chinese made stuff that looks good but does not last- just more polution

spankie   too much walmart mentality

Dave   most Americans work foot to mouth......

spankie   dollar stores opened up a 1000 more stores this year- dollar stuff shows people do not have the money

Dave   Min wage of 15/hr.........barely pays the bills

spankie   most are a few paychecks away from not paying the bills

spankie   watch ur debt and all be good

Doug_W   Silver:$17.50 -0.26

Dave   funny how the Govt is promising housing bumping up welfare......opening up Private sector ......still.....but nothing on those arrest warrants which the Demonstrators demand

Doug_W   17.51 -0.25

Wilder   TWWIII what do you thinkk silver is going to do?

TWWIII   Wilder I think silver will be over 20usd by early Jan 2Q2Q

Wilder   That would be great.

TWWIII   Wilder I buy & invest long term always & has been good for me

Wilder   Physical?

TWWIII   Wilder ALWAYS never contrack paper

TWWIII   Silver will be easier to convert than gold I believe

 TWWIII    If u bought a loaf of bread, in the future @ 2usd per loaf, which would be easier to convert? A gram of silver or a gram of gold???

Clay   right

Doug_W   TWWIII I totally agree

Doug_W   only a "big" business can "handle" the value of gold

TWWIII   Clay In 1977 I was buying silver for 4.20usd & gold was 152usd & I was buying both in 1998.

Clay   wow

Clay   I reme4mber when gold was low

Baxter   Dow Jones up over 27,000 again....

Clay   wow

TWWIII   1998 - Silver 5.00usd+, Gold 260-300.00usd

Clay   TWWIII silver was what an oz

Baxter   I remember when gold was 37 dollars an ounce..and there was no variation in price... thats the way it should be now..we wouldnt be in this mess

TWWIII   Baxter Yes 1970's

Baxter   yep

TWWIII   I know it well

Baxter   so do i

Baxter   when we went off the gold standard... that was a big mistake

Baxter   Nixon did that.. I think

TWWIII   1971 the cabals blackmailed Nixon then Gold was no longer our standard

Baxter   yep.. Nixon

https://www.iqdcalls.com/chat/

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