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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