IQD CALLS Chat Saturday Evening 10-5-19 Part 2 of 2
IQD CALLS Chat Saturday Evening 10-5-19 Part 2 of 2
Red Dave I'm watching the hashtags on twitter. It's a mess.
Dave Why not just pass the laws tomorrow?
Francis Albert Chaos could be a good time to get creative with their currency scheme..or not. Politics is a strange beast regardless of the Country
Francis Albert I am virtually certain the Dollar Inc. crowd controls the CBI, and has since the
Francis Albert "liberation"
Dave Francis Albert CBI likes Poliical stability?
Francis Albert Oh who knows Dave what they like. Central banks make money when things go up and when things go down.
Dave CBI has done very well
Red Many people are gonna need these lessons cause they gave up and sold their dinar. Or they didn't believe and mocked it. https://youtu.be/wCS2ci29jD0 :popcorn
Sparky biff ... you in the sand ?
Francis Albert And if we are waiting on "political stability" in the Middle East, we may as well sell our Dinar and go to the track with a fist of cash.
Dave Bahrain UAE Saudi Kuwait pretty clm
Dave calm
Sparky Francis Albert ... relatively stable... hopefully will make greed take over... for outside investment...
Francis Albert All Central Banks have big balance sheets, because they create "money" and monetize debt instruments the FED has 3.7 Trillion their balance sheet. They monetize debt, that's all they do.
Francis Albert We know for certain The Iraqi Oil trust was initiated upon invasion, run by J.P. Morgan to "look after" the oil revenues. Still going on.
Francis Albert Sparky...to your good point. The world is salivating to come into Iraq..Oil, fertile land and water...lots and lots of water
Francis Albert Which is why the U.S. came in and set up these massive bases.
Francis Albert And I believe that is where the funding for Dinar investors will come from. The monetization of debt. All currencies are debt instruments. Central Banks can and do "monetize" debt instruments.
That's what they do for a living. You bring your Dinar into Wells Fargo some day, they create the Dollars, take the Dinar, take a cut, work with the FED, who takes a cut for running the war, Treasury ends up with the Dinar to trade with Iraq for probably $30 a barrel. Till the end of time.
Francis Albert Ah..the spoils of war
Francis Albert And this is the piece that this fellow Kap, I believe is missing. I may be wrong, but don't think I am.
Sparky Francis Albert ... wow...good stuff...still trying to process all that... I remember JP involved initially...
Francis Albert Kap continues to argue that with Trillions of Dinar out there, the value could not go up because Iraq would have to come up with the Dollars to exchange...it is not that simple.
Francis Albert Yes, research it. The Iraqi Oil Trust
Francis Albert This whole thing, IMO, was well planned out. The bankers, the Neo Cons..the Cheney crowd. Make up the WMD thing, go in and take over the Central Bank. Same thing in Libya...Iran is next
Sparky Francis Albert 43 T IQD in circulation.. how does that reconcile with 1.8 USD in circulation..at 1:1 ?
Francis Albert Sparky...sorry..don't understand please 1.8 USD in circulation?
Dave Sparky 43 T show me please
Sparky Francis Albert ... you are on point my friend...
Francis Albert Well, banks say a lot of stuff. We have no idea of how many Dinar are in "circulation" and where they are etc...the important details.
Sparky Francis Albert .. how much USD in circulation ?
Sparky ...or, I am starting to see your point...hmm...
Francis Albert Good question. "They" stopped putting out real numbers M1, M3 and L in the late 90's, but I had a dear friend who taught me this stuff for 25 years...he's was on it...and best estimate about 30 Trillion Dollars in circulation, and 96% of it is digital, not paper.
Dave can you show me 43 T.........PLEASE?
Dave i can show you want was printed yrs back to replace those 2003 notes
Sparky Francis Albert ... interesting... please continue...
Francis Albert And then when you add in potential money, or what we call P....derivatives about 2.5 quadrillion of those rascals floating around
Sparky Francis Albert ...and potential of Iraq.. ?
Dave Francis Albert based on a 1 to 1 rate......?
Francis Albert Which is why, IMO, all this gold backed stuff for U.S. is just non sense.
Francis Albert Don't understand Sparky what you mean potential at 1 to 1 rate?
Dave 2.5 quaddrillion from 30 trillion
Sparky Francis Albert ... sorry... simply asking your thoughts on potential value of Iraq ... resources...
Francis Albert The only real value is gold, silver, oil, water, land for agriculture. The "money" is just fiat stuff. The word fiat is cool. It is when something is given a value by fiat. So, a bunch of people decide what currency's are worth every day by how much they print and how much they suck out of circulation.
Dave usd to dinar
Francis Albert yes, a quadrillion is a thousand trillion. Estimates are 2.5 quadrillion in derivatives. Just bets on this or that..in dollars.
Sparky Francis Albert ... and Tigrus and Euphrates...
Dave Sparky 43 T ......still waiting????
Sparky Francis Albert ... thank you for your thoughts my friend...very interesting indeed...
Dave Sparky tick tick tick..........
Sparky Dave ...go to IMF, article 4 consultations, and click on the tab that says Kap...
Francis Albert My pleasure. I've just seen some of Kap's postings on Recap, so thinking I would come in here and chat about his main point he keeps bringing up.
Dave Sparky not there....send a link please
Sparky Francis Albert ... thanks... looking forward to your chat with Kaperoni... brought some very good stuff... I appreciate you...
Sparky Dave IMF.org
Dave Sparky nothing from Kap though
Dave just thast little bit...43T?
Sparky Dave ...you know that I don't do links... everything I type, is imo...you know that. .
Francis Albert I think that with out a deeper understanding of the big picture, folks tend to hang on to some gurus selling hopium, and it's a shame really...they believe these people.
Sparky Francis Albert ... I value all thoughts...
Sparky ...and so does my bong...bong sayz FA is knowledgable...
Dave Sparky aint there thats why https://www.imf.org/en/News/Articles/2019/07/26/pr19301-iraq-imf-executive-board-concludes-2019-article-iv-consultation-with-iraq
Sparky Dave ... click on the tab that starts with Kap...
Dave Sparky oh ...okay just not quite in your dimension yet
Sparky Dave ... oh, ok..., still good with 1000 fils for a coke though...1 Deenarz....
Sparky ...1:1...
Dave funny i have asked Kap numerous times to show me........43T still waiting.....
Sparky Dave ... you know why?...they don't tell outsiders...ie non central bank clique...
Francis Albert I think there' s been may numbers thrown out Dave on Dinars out there. And again, where they are, whatever the number is, an who has control over them no one knows. You can't audit Central Banks, they are private
Dave oh Kap never said it was leaked to him......
Francis Albert sorry ...many numbers...
Sparky IMF...and all central banks... are a clique...imo...
Dave Sparky and they okay doky who enters
Francis Albert UST could have, could have tons of Dinar...which they could burn, if it would serve their purpose
Sparky Dave ...false numbers...
Dave looong pullllllll
Sparky Dave ... We are not insiders,... therefore know Jack...
Dave Sparky Kap Knows!
Francis Albert Central Banks "extinguish" money all the time.
Sparky Dave ...lol... good one...
Sparky ... just his opinion...let it go...
Dave Sparky He must be greedy ....wont ever share that tidbit
Sparky Dave ... don't worry...my bong and me have a good feeling about this...
Dave Sparky After the Revolution?
Sparky Dave .. yup... apparently, that is what It is going to take...
Sparky Dave ... could be a smokescreen while Abadi had a time out...who really knows...?
indiana holder Question.... The one thing my friend never told me .... what to do with the currency when it does pop off
Matt indiana holder That is up to you but I will Exchange it or at least some of it for USD
Matt BTC / Bitcoin $8,151.13
indiana holder I only have 50,000 Dinar