IQD CALLS Early Thursday 4-16-20

IQD CALLS Early Thursday 4-16-20

Baxter   4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that.

I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...

Futuremoney   whooohooo...Tony says the rate is out at 3.61!!! YAYYYYY...oh wait...

Baxter   DIMES..DIMES.DIMES..DIMES..DIMES..DIMES..

Chattels   In Iraq, curfew extended until start of Ramadan. Ramadan starts in about a week. LINK

Baxter   wonder why the curfew... theys have cured the virus

Chattels   MF says world economy facing greatest challenge since Great Depression Predicts -3% growth in 2020 If world recovers from coronavirus in 2nd 1/2 of yr world economy could recover in 2021 but impossible to really predict future given uncertainties https://twitter.com/JoelWing2

chattels   MF said oil prices dropped 65% due to Saudi-Russia dispute + coronavirus Predicts oil prices to stay below $45/bar until 2023 Iraqi oil goes for below Brent price & needs around $50 per barrel to cover its costs https://twitter.com/JoelWing2

chattels   IMF predicts crude oil prices will avg $35/bar in 2020 and $37/bar in 2021 then recover to around $45/bar afterward Means continued economic crisis for Iraq for years if doesn't change spending https://twitter.com/JoelWing2

chattels   The political blocs informed their representatives in the House of Representatives that holding a session of granting confidence to the Prime Minister-designate and his cabinet, depends on the approval of the Ministerial Crisis Cell formed to counter the Corona virus, on measures to prohibit preventive roaming. https://ninanews.com/Website/News/Details?key=824104

chattels   The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund

Wednesday 15, April 2020 https://ninanews.com/Website/News/Details?key=824097

chattels   The political blocs have begun submitting the names of their new candidates to ministerial portfolios in the government of Prime Minister-designate Mustafa Al-Kazemi.

The Al-Fateh Alliance confirmed that some blocs have not sent their candidates yet, while others have preferred to nominate specific names for specific bags.   https://ninanews.com/Website/News/Details?key=824094

chattels   https://ninanews.com/Website/News/Details?key=824094

Baxter   Heres a flight from Orlando to Los Angelas.... if you dont want to watch the whole thing...scroll ahead to about the six minute mark... https://www.youtube.com/watch?v=TjQ1ZuBlBwk

Baxter   start at the six min mark

Rex   Has Randy Koonce dropped out of sight?

Baxter   been a year or more

Rex   Does he real info?

Baxter   who knows

Rex   yeah

Sparky   ... Baxter he said there are hundreds of them being parked...Trump Airlines, after he loses in November...lol......discounted new planes, that only need a little bleach...lol...

Rex   Don't think Trump will loose in Nov.

chattels   We have come full circle with guru " intel " since Dr. Shabbibi declared that an increase in the value of the dinar was relative to stability and security in Iraq, to wit : Intel Guru MarkZ [...does Iraq need a government before they see the RV?] My thoughts are that they will not be able to have a stable government without an RV…once they have a stable monetary system…the government will happen very quickly.

chattels  The chicken has now become the egg.

chattels   " RV " first and then good government. Sure.

Sparky   chattels ...give me a second, i'll tell you how I really feel...sorry to interrupt Sir, please bring it..

chattels   Intel/Newshound Guru tman23 : " .. new currency will be introduced during midway into Ramadan in May."

chattels   What does tman23 mean by " new currency " ?

Sparky   chattels ...ask him...  ...New denoms to me means a lop....but, we will still make $...

chattels   Sparky That would require me to be in the chat as the same time as he.

chattels   Thought someone might have an answer in his absence.

Sparky   chattels ...touche...

chattels   The dollar exchange rate recorded stability against the dinar in the offices of local Iraqi banking companies.

Where the price of selling the dollar recorded: 122,750 and the purchase price of the dollar: 121,750.

https://ninanews.com/Website/News/Details?key=824260

Sparky   chattels ...back in 2014, Shabbibi and the appearance of, put out an article out of the CBI...describing the same colors and content of the larger notes ....as smaller bills...

Sparky   ...ie. pink, green etc...25k, 10k, 5k...same without zeros....as 1s. 5.s and tens, and 25's...

Sparky   ...and no, I have no link ....have to go way back in the archives for that..the only reason that I stay in is the possibilty of coinage..but, I digress...

Sparky   ...could have been 2011....must have been early 2012 now that I think about it....ie lop...

Sparky   ...just before Maliki ran Shab's out of town...  ...please continue Sir...

chattels   The President of the Republic: Our strategic dialogue with America will begin next June

Editing Date: 4/15/15 15:40 • 69 read times • http://www.alliraqnews.com/modules/news/index.php?storytopic=41

Chattels   Iraq's agenda for any " strategic " agreement is likely centered upon how soon will our forces get out of Iraq and how much money will be contribute to their cesspool of a government.

chattels   Parliamentary Economic: The Central Bank has allocated one trillion dinars for the national project for youth employment

Editing Date: 4/16/2016 14:57 • http://www.alliraqnews.com/modules/news/article.php?storyid=90118

chattels   Allocation does not equate to distribution.

futuremoney   nor does it prove they actually HAVE the money

chattels   It is akin to planning without implementation.

futuremoney   pipe dreams

chattels   futuremoney Good Morning

futuremoney   propaganda to quell the masses

chattels   futuremoney The elite may actually get the youth on the payroll early. Introduction to the patronage system of government or rather the maintenance of power.

Doug_W   futuremoney did U take 2 "mellow" pills today?

futuremoney   chattels they dont even have enough money to pay gov workers let alone anyone else

Sparky   futuremoney ...oh, they got the money...

chattels   futuremoney I believe that you are correct with oil at it's current price.

futuremoney   budget set at 56 dollars a barrel....never meet that figure

chattels   Several articles suggest that their only source and resource for liquidity is their reserves.

futuremoney   yes   run that out...then they are screwed

chattels   Not many think that the IMF is going to loan them money.Or any more money.

Sparky   futuremoney ...it will be how they allocate the $...

futuremoney   nope....the world doesnt care for iraq anymore, to many broken promises

futuremoney   Sparky gotta HAVE the money to allocate it

Sparky   futuremoney ...our fearless leader just negotiated a deal...

chattels   Iran has no real " discretionary " dollars, but they can blackmail the USA by snuggling up to Iran periodically in an effort to encourage the USA to give money.  They being Iraq.

futuremoney   imo ..iraq is on their own..let iran take over

Sparky   futuremoney ...probably true...

chattels   futuremoney Takes no money to allocate. Distribution requires the " goods".

futuremoney   already have, for all intents and purposes   allocating without the "goods" is propaganda...fluffy talk

Sparky   chattels ...credit default swaps...Iraq is the leader in losing...

Sparky   ...I bet against them short term...long term, I think we will be ok....thats why why I drop $...

futuremoney   personally, i have no idea what will happen...just pinch my butt together and pray

Sparky   futuremoney ...Iran is hurting bad...maybe that will squeeze out a profit for us...

Sparky   chattels ...' goods" being underground wealth...

Sparky   ...everyone knows they are a wealthy country...it's the corruption that postpones our thing...

futuremoney   agreed

Sparky   ...the way Trillions of USD are flying today, I don't rule anything out...be 10 trillion before it's over...greed...ficticious bailout...hegalian...imo...

Sparky   ...all the big players have already drank from the trough...conspiracy theorist as i am...and they will go back to drink on the next" Care Act '...

tman23   futuremoney Time is nearing that the only remedy will be to take the Dems behind the woodshed.... obviously they will continue to act out until disciplinary actions are taken

Baxter   Tman..... what did you mean about Iraq having a new currency in May

Futuremoney   tman23 hopefully the Durham investigation will uncover a lot   not holding my breath tho

chattels   tman23 Baxter " Tman..... what did you mean about Iraq having a new currency in May ?"

tman23   Baxter CBI getting guidance from UST ... if you follow Kuwait when they released their 6th series of new currency it was in May during Ramadan .... they do it then for reasons beyond my knowing.... but because of their dire straights economic position and videos of history on the currency to public ... very high probability we will see it

futuremoney   man..i hear that ramadan story every year..gets really old

chattels   tman23 What is the import of such a new currency for dinarians ? In your opinion.

chattels   futuremoney Makes me compare " Ramadan " to " Rub-a-dub-dub ".

chattels   [t]he phrase "Rub-a-dub-dub" alone could stand in for gossip or innuendo without communicating all of the details. https://en.wikipedia.org/wiki/Rub-a-dub-dub

Young_SC   chattels It would be new lower currency notes for the citizens of Iraq. Most likely 1, 5, 10, 25, 50 dollar notes for their purchasing power once on par with the American dollar. The much larger notes will not be used for the citizens anymore because of those new notes. Out side of the country dinar will be worth more. Our notes will be exchange for what it is worth. Our old notes will coexist with their small notes for awhile

Futuremoney   Young_SC that is what we hope for

tman23   chattels No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086

chattels   Young_SC So, you believe that such an occurrence will be a increased liquidity event for us, i.e., a profit ?

Sparky   Young_SC ...hmmm interesting ...

Sparky   tman23 ...probably float down, then ride the tide up...

Young_SC   chattels well that is the whole point of it, internally their dinar is on par with the american dollar while outside it will be worth more

chattels   tman23 If the release of that " new currency " is attended by a rate change, presumably upward, then that is significant for dinarians isn't it ?

Young_SC   As i told sparky awhile ago i strongly believe the dinar will come out at 3 something

Young_SC    I think you guys should read this   Hold on

Sparky   Young_SC ...if I did, I apologize..

chattels   Young_SC Of course, I hope that you are correct and I wish that I shared your optimism in the near term.

Young_SC   Eighth: I would also like to point out that raising the value of the dinar in an imaginary way has created a big difference between its real value and its subsidized value.

This difference is a net addition that supports imported goods in a way that exceeds all margins of customs protection to protect the local product in Iraq, which made the central bank with this monetary policy destroying the base Productivity in favor of imports behind millions of unemployed, and Mr. Hussein continues to object to the Central Bank’s call to adopt a strict monetary policy.

futuremoney   the UN stated in 2012 that the rate would come out even with the dollar

Young_SC   https://yesiraq.com/%D8%B1%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A5%D8%AC%D8%B1%D8%A7%D8%A6%D9%8A-%D9%8A%D8%AA%D8%B9%D9%84%D9%82-%D8%A8%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%87/

Young_SC   I think u guys should read that if you have the time

Young_SC   What i posted could be a little complicated but try to understand it

futuremoney   Young_SC how do you translate it

Sparky   You is true that I have not worked in the central bank, but I have been a professor of macroeconomics and monetary theory for years, unless the central bank works according to unscientific contexts that are not consistent with what we have studied.ng_SC ...

Sparky   futuremoney ...google translate...

tman23   futuremoney It all has gotten old, every story, every lie, every made up bit of nonsense fabricated.... but there is fact that Kuwait released their 6th series of the currency in May a few years ago... their Central Bank started some video releases on history of the currency in April ...

it’s just factual information of what took place as many claim nothing happens during Ramadan , so as you can investigate and discover ...not true

Sparky   ...on the same page..

futuremoney   where, i dont see it   maybe because i have fire fox

Sparky   futuremoney ...left click while on the page...

Young_SC   The official, who preferred to remain anonymous, added that "continuing to hold auctions to sell currency and pump tens of millions of dollars per day to preserve the value of the dinar leads to great risks for the country's economy, and it is better for the central bank to cancel the currency auction and install its local currency

chattels   Young_SC What is your comprehension of " raising the value of the dinar in an imaginary way has created a big difference between its real value and its subsidized value." ?

Young_SC   https://rawabetcenter.com/archives/107762

Young_SC   There is plenty for you guys to read  That last article i posted explains the stoppage of the auctions and what they are going to do with their dinar. Increase its value

futuremoney   which article

Doug_W   Silver:$15.63

Baxter   Young_SC I read the article... but its hard to fathom after reading it... a value increase of 10,000 percent...

Futuremoney   Baxter which article

Baxter   https://rawabetcenter.com/archives/107762

Futuremoney   Baxter is it this one? The Iraqi economy and the crisis of budget approval

chattels   Young_SC I am a longstanding confessed macroeconomic moron, but I do not read your last article regarding the stoppage in the auctions and attendant actions by the central bank to amount to or result in an increase in the value of the dinar, but a decrease in it's value.

Baxter   futuremoney.. here it is https://rawabetcenter.com/archives/107762

tman23   chattels we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value , which is common sense to why that is the standard... optimistic that a change is coming only because of current world economic conditions ... my hesitation had always been the 3 zeros on the physical currency itself .... and this statement from a CBI meeting in Dubai .... 2 years ago... the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency .... that statement is embedded in my head

Baxter   GAS here ... is now....94 cents a gallon........ unreal...

futuremoney   dang

Baxter   never thought I would see that again

futuremoney   went up a couple cents here

Baxter   oil yesterday was down to 18 dollars a barrel

Doug_W   160 here yesterday 4 Sunoco

chattels   tman23 Understood, thanks. Embedded in my head is the language of " lop " in the removal of the three zeroes. I just hope for an attendant increase in value.

futuremoney   only reason im still here is the article from the UN in2012 stating the dinar would be raised to equal the dollat         even tho that article is no longer on the UN site   thats why i think the UN,s plan for iraq has been either shelved or dismissed

tman23   THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY.... so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange .... why my thought had always been ... exchange period for a short timeframe with 3 zero notes .... and those holding for bigger gains on a float ... good luck... of course just my opinion as another scenario

Doug_W   Thanks "23"

futuremoney   tman23 thats the scenario the gurus have touted from day one...and they have not been correct yet...but i hope you are right

chattels   tman23 There will be no longer term holding for me with the dinar. I will take the first opportunity for profit to " liquidate ".

futuremoney   chattels amen     goes to five cents...im out

Baxter   I have been preaching a Dime for Years.. I will stay with that

chattels   futuremoney I can be had for less.

futuremoney   Baxter that was actually the basis i used to buy

Baxter   CHattels.... COme on... not less than a nickel...

tman23   Seems everything and anything tied to the UN is corrupt and useless... see the W.H.O. Singing because Trump cut their funding .... now they are going to explain their importance ... lol

chattels   Baxter " Much wants more and loses all " - Aristotle

Chattels   Baxter Sorry, it was Aesop and not Aristotle.

chattels   Much Wants More but Loses All

Once upon a time there lived a couple in a village. They had a beautiful goose that laid a golden egg everyday. They were indeed quite well-off. But the man was not happy with what he got daily. He was a get-rich-quick type of man.

The man wanted to get all the golden eggs from his goose at one single go. So, he thought hard and at last hit upon a plan. He decided to kill the goose and get all the eggs together.

So, the next morning when the goose laid one golden egg, he caught hold of it. Taking a sharp knife, he chopped off its neck and cut its body open.

Untold was his sorrow indeed, when he got nothing—no more golden eggs. On the other hand, he stopped getting even the one golden egg everyday.

So, the man went on getting poorer and poorer day after day. And at last, he was a pauper. How unlucky and how silly in fact. https://shortstoriesshort.com/story/much-wants-more-but-loses-all/

 

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