IQD CALLS Chat Sunday 11-24-19
IQD CALLS Chat Sunday 11-24-19
chattels Al Mada Special security group & 2 armed factions are shooting protesters in Baghdad ISF is spreading stories that demonstrators are trying to storm the Central Bank of Iraq as excuse to shoot people https://twitter.com/JoelWing2
chattels A ‘tuk tuk’, now a symbol of the protests, carries demonstrators in Baghdad. https://blogs.lse.ac.uk/mec/2019/11/07/can-iraqs-revolution-succeed-reflections-from-a-protest-movement-at-a-crossroads/
chattels Iraq’s battered tuk-tuks have long been a symbol of the country’s poverty, and the reputation of the men who typically drive them was that of an uneducated bunch of toughs working illegally, including without driver's licenses, and putting lives at risk. The ongoing anti-government protests have radically changed the image of the motorized rickshaws and their erratic drivers.
chattels " But with 2–300,000 people gathering daily in Tahrir Square alone, ............."
chattels Iraq on display Christine McCaffray van den Toorn November 22, 2019
chattels US VP Mike Pence pays surprise visit to Iraq, Kurdistan Region https://www.rudaw.net/english/middleeast/iraq/
chattels Pro-Iran militia chief: US, Israel have hand in killing of Iraq protesters https://www.rudaw.net/english/middleeast/iraq/24112019
chattels Iran’s protests expose fatal weaknesses https://www.rudaw.net/english/opinion/22112019
chattels Will demonstrations lead to the Iranian regime’s collapse? https://www.rudaw.net/english/opinion/23112019
chattels Iraq dinar is short-term disappointment, long-term bet
October 3, 2012 https://www.reuters.com/article/iraq-economy-dinar/mideast-money-iraq-dinar-is-short-term-disappointment-long-term-bet-idUSL5E8KT13720121003
chattels Courtesy Dinar Updates
A chattels Note the date of the foregoing article. It is an interesting read.
chattels " Long term bet " !
chattels This decade is nearly gone. I used to think in terms of years and now it appears that decades may be more appropriate.
chattels If one has $ 50,000 in dinar, but had instead invested that same money in the American stock market, say ten years ago, what would that be worth today ?
chattels Query ?
chattels A finance person once told me that the IQD may be worth something someday, but by the time it has value that one would have gotten a better return from the stock market.
JoeSchmoe well, that article chattels brought sure does suck!
JoeSchmoe the thing about what is said in that article, long term from when...now?
JoeSchmoe 'short term' may have meant previous years.....hopefuly? Doubtful though
JoeSchmoe Oh duh.....read the date 2012
JoeSchmoe NOW I feel better 'happy-dance
JoeSchmoe as much as my ADD lets me read and comprehend that article
Baxter 37 more days in this decade.... what will the next decade bring??
Doug_W The Rusafa Criminal Court on Sunday issued a life sentence to the director of the branch of Rafidain Bank in Anbar and a group of employees with him
Crevan If the IQD actually bumps up to where we hope it does. What about the price of oil and opium?
Sparky Dave ...any good news in the FML ?
Dave need where did you get that
Dave for the politicians whom still enjoy immunity
Dave got a few bankers I read....life sentence
Sparky Dave .. I saw top 5 USA ain't happy with... sanctioning.. Maliki on the list..
Dave I posted that .....
Sparky Dave ..yup... I recall...
Dave too bad the Iraqis cant do it fer themselves
Sparky Dave ...young Iraqis getting Woke...
Dave Sparky need a coup i figure......
Dave ! month of protests.......not much going down for the crooked politicians
Sparky Dave ... I think these protests... almost a million show up daily, despite being shot at...new day has dawned...young Iraqis waking up..
Dave Politicians not reponding to their number one grievance...Corruption
Sparky Dave ...USA sanctions going to help make them fly straight... maybe..
Dave Sparky not much different over here
Sparky Dave ... exponentially different..
Dave agreed
Dave !10 yrs ago we discussed not seeing this until Maliki gets busted.......missed impeachment by 1 vote.....getting closer?
Sam I Am Sparky Hi
Sparky Sam I Am ... What are your thoughts on the protestors progress ?
Sam I Am Sparky Haven't really followed it but offhand I'd say irrelevant
Sparky Sam I Am ... ok,. But strongly disagree...
Sam I Am Sparky What are your thoughts?
Sparky Sam I Am ...USA sanctions on top Iraqi theives...
Sparky Sam I Am ... frozen $ hurts the fools...
Sparky Sam I Am ... slowly eradicating Iranian influence...imo..
Sam I Am Sparky Well as I've said for 8 years the only relevant issues are the reserves and the money supply
Sparky Sam I Am ... again, I strongly disagree...
Sparky ... resources rich. ..
Sparky Sam I Am ...how about political stability ?
Sam I Am Sparky Well they've been very unstable but the currency hasn't changed much
Sam I Am even when ISIS moved in
Sparky Sam I Am ...maybe soon, ...young Iraqis wake up...maybe now...
Sparky Sam I Am ...maybe they are already awake and aware...
Sam I Am Sparky Maybe
Sparky Sam I Am ...of their potential future..
Sam I Am Sparky Pegged currencies are valued on reserves and money supply
Sam I Am So I don't think political or social factors count for much
Sparky Sam I Am ... IMF and Bis can do anything they want to do...
Sam I Am Sparky Not really
Sam I Am They monitor and make recommendations. That's about it.
Sparky Sam I Am ...Imu...
Sparky Sam I Am ... apparently, USA puts sanctions on the whales... tightening the grip...on US agenda...
Sparky Sam I Am ...but, as always, I could be wrong..
Sam I Am Sparky Do you believe that the US wants Iraq to RV?
Sparky Sam I Am ...no...
Sam I Am Sparky Do you think Trump owns dinar?
Sparky Sam I Am ... slow, gradual rise...
Sparky Sam I Am ...no...
Sam I Am good
Sparky Sam I Am ... I m still buying...
Sparky Sam I Am ...max 30. % loss , for huge upturn... count me in...
Sam I Am Sparky You think the most you could lose is 30%?
DaveS parky i am up about 90 %
Sparky Sam I Am ... I figure I lose all investment, ...but can get at least 70% back today, if I wanted to...
Sparky Dave ... nice...soooon to be more...imo...
Dave ASN.....
Sparky Sam I Am ...if they lop, and raise the value... I I'll make $...
Dave and buy a wheel barrow
Sam I Am Sparky Two problems with that
Dave NO1 and @
Sparky Sam I Am ... please tell...
Sam I Am 1. If they lop you have to find somebody to exchange, and there's no guarantee that you can
Sam I Am 2. They have no incentive to raise the value
Dave and break out those wheel barrows
Sparky Bbiab
Dave 1000 dinat a coke
Dave i wish to pay in fils for that too please
Dave current minting price for a dime....8.1 cents https://www.answers.com/Q/How_much_does_a_dime_costs
Baxter Did Someone mention DImes..
Sparky Sam I Am ... investment will put inflationary pressure on the currency...
Dave no *
Sam I Am Sparky That's Kap's theory
Dave espensive coke
Sparky Sam I Am ...ditto...
Baxter OH.. IF I could just get a Dime..... I be gone in a flash...
biff 1,200 = 1.00 Sparky
Sam I Am My theory is that as their exports grow they'll do what Vietnam has done and lower the value
Dave Sam I Am how much for a barrel of rice......
Sparky Sam I Am ...ah...and there is the rub...Iraq needs imports my friend..
Dave \like they produce 5 milliomn barrels of rice each day
biff They grow a lot of wheat tho
Dave lol
biff and figs
biff iraq
Sparky Sam I Am .. imports prefer higher valued currency..
Dave Iraq gold and lots of it too
Sam I Am Sparky If they want an international currency they're going to have to develop their exports
Sam I Am That's how you create demand for your currency internationally
biff red mercury too
Dave if they only could end the corruption would be a good place to start
Sparky Sam I Am ...they need extremely high volume of imports in order to rebuild the country...imo..
biff used to be the agricultural mecca of the region
biff its still is
Sparky Sam I Am ...and, ...who do they share ports with...
Sam I Am Sparky Kuwait I guess
Dave Sparky one iddy biddy port
biff Phosphates
Sparky Sam I Am ...used to be part of Iraq...
biff thats what saddam said lol
Dave biff sulfur eic etc etc....lots of it
Dave look at what the UAE did in 20yrs with so much less
Sparky biff ... yup...
biff Thats because of the war. Its should have been Kuwait. 1990 to the Gult war Kuwait had most of the banks in the middle east
biff All the banks went to the UAE
Sparky biff...slant drilling by Kuwait caused the entire issue...
biff Out of fear of course
biff thats true sparky