IQD CALLS Chat Tuesday Night 10-8-19
IQD CALLS Chat Tuesday Night 10-8-19
Dave find it interesting given the situation ...they can only muster 212 out of 364 to parliament
Dave at least Quorum..... protesters should focus on CBI.....and push the button......???????
Dave Right Young-SC?
Young_SC Dave GOI is responsible for most of what they ask for. Cbi is in charge of the financial being of things GOI=Corruption I agree with the protesting against the GOI
Dave need a coup...... more yadda yadda from GOI
Dave A warning shot....between the eyes of Maliki......could speed things up?
Dave 9 more days...as per protesters demands for arrest warrants still in effect?
Francis Albert This is out today The World Gold Council announced on Tuesday that Iraq has maintained its global position with the largest reserves of gold, which represents 7% of the rest of its currencies
Francis Albert I was trying to come up with Dinar "out there' and did all the math, tons of gold, ounces X $1,500 and that number is 7 % of what number...which is 60 Billion Dollars. World Gold Council is saying Iraq has 60 Billion $ of currencies in the bank.
They must have loads of dollars for if it were all Dinar it would be 70 Trillion Dinar. We must know how many Dollars CBI holds? anybody. I was going to try to get a number close to what KAP talks about, but then got that this is what is in the vault at the CBI. So, I did lots of math and my head almost exploded and didn't learn much
Francis Albert IMO, if you believe an investment is worth investing in, during uncertain times, one buys more, not sells what they have. When the Dinar goes up "significantly" (.10 to 1.00) then watch the people who want to buy it.:)
Francis Albert People buy more of something when it is going up, opposite of the "best" move.
Baxter Francis Albert DIMES PLEASE
Dave Dinar remains stable......?
Zig Francis Albert : Sure....most people have no interest in something until it starts making a big move.....then they want to jump on the moving train.....human nature.....
Dave i like fire sales...... coke shares tanked.....id be buying......
Zig Francis Albert : BTW Kaperoni replied to my email.....said he had not read your posts.....hopefully you two will eventually have a chance to chat.....
Wilder Im waiting for the dinar scratch and dent sale
Francis Albert Zig...yes, I suspect so..thank you, Sir.
spankie like u said trade back for oil credits
Francis Albert Right spankie...the only place the dollars can come from
Tebow Again no one knows how much is out there. And Iraq doesn't have to cover all of it. And on top you think Iraq is worth more than 2T.
spankie what do u think of a lop
Francis Albert anything is possible, but that doesn't full fill the whole mission of the invasion for the U.S. to get a cheap supply of oil till then end of time
spankie i have heard that before- smart for usa
Francis Albert Well, it makes sense at any rate. The neo cons, the Cheney crowd had this thing all planned out for years IMO
spankie trillions of usd and lives for that war
Francis Albert Right. All is fair in love and war. Countries have been stealing stuff from each other since Countries were created. Greed and power
Francis Albert So, maybe if we end up with some extra dollars though all of this we can balance some of the bad karma out a bit doing good things to help others.
spankie soup kitchen for the homeless
Francis Albert Our start a business and put them to work
spankie sounds best but takes doing and know how
Francis Albert Understand. But that is how we learn stuff, by doing. I've had successful business and one that went bankrupt. That't the only way we learn our way. Just try.
spankie appreciate the positive discussion on the iqd - lot here r losing hope w all that's not happenedd and now riots
spankie Francis Albert u seem more informed / educated than many about this - thx--
Francis Albert I understand. Work on letting go of the day to day. Do your life spankie, take care of your self and your family and make sure you will be just fine, if nothing happens with this investment.
Francis Albert My pleasure. Take care. You're doing good.
Zig 6:16 PM @Kaperoni: Please read what "Francis Albert" wrote starting there and comment when you have time. Thank you
Kaperoni Central: The cash mass outside the banks is more than 39 trillion dinars
2019-06-17 07:11 The Central Bank of Iraq revealed on Monday the amount of cash mass outside the Iraqi banks, pointing out that it is more than 39 trillion dinars.
The bank said in an official statistic it was briefed by Alsumaria News that "the amount of currency outside the banks amounted in January of 2019 by 39 trillion and 796 billion and 700 million dinars," noting that "this amount fell from the month of December of 2018, which amounted to 40 Trillion and 498 billion and 67 million dinars. "
The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during the month of February of 2004, which amounted to 5 trillion and 431 million Dinar".
The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which the bank considered it would transfer Iraq from the country of trillions to billions, that the project was met with great opposition by the specialists and politicians in parliament. LINK
Kaperoni Execute Order 13303 has been misrepresented by the gurus. I did a report on this years ago...These are the facts...
Kaperoni Executive Order 13303
Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has An Interest
The first part is the order related to the DFI which must be renewed.
This order is the protection of Iraq’s money (known as the DFI fund) which is where all proceeds go from the sale of Iraqi assets such as petroleum and petroleum products, etc. The purpose of this order then allows the revenue to be used in an orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country.
This is scheduled to expire May 22nd 2013. Since this would expire, Iraq would have to be in a position to fully manage their financial obligations or fall risk to unresolved creditor and debts.
As an example, the Paris Club debt agreement with many countries totaling 100 billion in debt relief was conditional. In order for the debt to be forgiven, each country negotiated acceptable resolutions and terms with Iraq. Much of this is known as “benchmarks” that Iraq must achieve to fulfill those obligations, thus granting the debt relief. Those terms were incorporated into the recent IMF Stand by Agreement that expired February 23rd, 2013 (after extension).
If Iraq failed to meet those “benchmarks” these funds could be at risk and subject to seizure once EO 13303 expires. This part of EO 13303 must be renewed every year until Iraq is self sufficient or risks asset seizure.
Kaperoni Part 2...
The second part of 13303 terminates previous Executive Orders (restrictions)
This part requires no review or extensions. It does not expire, and it would take another Executive Order to reinstate. This is the part that, as a result, gives US citizens the right to invest and do business in Iraq.
This order EO 13303 simply terminates three other orders… Executive Orders 12722, 12724, or 13290 that were already in effect pertaining to Iraq.
As a result, investment in the new Iraq is then guaranteed under the Presidential Order 13303 because it removed previous orders which were blocking investment and trade.
13303 in essence, by the termination of these three previous EO’s allows for a restructuring of the banking system in Iraq. And US citizens to invest in Currency, Stocks, Bonds, Real Estate and do Business in Iraq. This was a discrete and indirect way of lifting and canceling previous orders on Iraq giving each of you the right to own the New Iraqi Dinar.
Since Iraq is opening up to the global economy and integrating with the world, there is no need to consider or impose any such future orders limiting or preventing investment.
133303 terminated the following previous three Executive Orders…
Executive Orders 12722 – blocking iraqi government property and prohibiting transactions with iraq
Executive Orders 12724 – blocking iraqi government property and prohibiting transactions with iraq
Executive Orders 13290 – Confiscating and Vesting Certain Iraqi Property
Zig Kaperoni : Did you read Francis' posts above starting at 6:16?
Kaperoni part of it
Kaperoni that is why i posted the article about how much dinar is out of the banks
Kaperoni So there are the facts zig
Zig LOL....Thanks, Kap....
Kaperoni 13303 is an interesting read. I recommend it
Xyz Kaperoni 10-8-2019 Intel Guru MarkZ ... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq.
xyz Kaperoni 10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th
chattels Iraq Parliament votes on laws to address protest demands: 1) work of provincial councils ended, district & local councils canceled; 2) financial grants for unemployed; 3) financial grants for students & poor; 4) compensation for protest victims; & more. http://mobp.as/DC4Up
chattels Iraqi official numbers put protest victims at 110 killed & more than 6000 injured. MP from Nasr Coalition says these numbers are not accurate. In visit to one hospital alone there were 100 killed. https://www.rudaw.net/arabic/middleeast/iraq/081020197
chattels Iraqi PM Abdel-Mahdi’s office says an agreement has been reached with protest coordinators to suspend protests until after Arba’iin visits on 20 October. Protest demands include resignation of PM. http://mobp.as/G45Up
chattels When is Arbaeen?
Arbaeen is a national holiday in Iran.
It is observed on Safar 20 or 21, the 40th day after Ashura, the martyrdom anniversary of Imam Hussein, the grandson of Prophet Mohammad, in 680 AD.
History of Arbaeen
Arbaeen is one of the most important ceremonies in the Shi'ite Muslim calendar.
Arbaeen, means forty in Arabic as forty days is the traditional length of mourning after the death of a family member or loved one in Muslim traditions.
Imam Hussein was killed at the Battle of Karbala in central Iraq on 10 October 680 AD.
Around 20 million pilgrims will gather in Karbala on Arbaeen, making it the world’s largest annual human gathering. Many of the pilgrims travel barefooted from across Iraq and more than 50 countries.
chattels Arba'een Pilgrimage HTTPS://en.wikipedia.org/wiki/Arba%27een_Pilgrimage
chattels Arba'een 2019 will begin in the evening of Saturday, October 19 and ends in the evening of Sunday, October 20 Dates may vary.
chattels tman23 Hello. Any reason to be hopeful about any return on our investment in the IQD according to your sources ?
chattels Near term, longer term, never - ever term ?
chattels Tens of Iraqis begin to request unemployment grants which Iraqi Parliament approved today. https://twitter.com/DavidMWitty1?lang=en&lang=en
chattels Arguably just another form of payout / payoff to a limited class or segment of Iraqi society.