Zig’s Place Chat and News Late Monday PM 5-17-21
Zig’s Place Chat and News Late Monday PM 5-17-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sandyf @BobbyC sandyf I believe what I said was 2 different denominations of the current currency (250 to the 50K note) If those HD's are kept in the market , along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion I threw in the 1K USD to reflect a currency still in use, thru the Banks, but not in the market
BobbyC My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions - LDs of the current currency are worthless and never going to happen. LDs will come with the redenomination and at 1000:1(3 Zeros) it would change the money supply from Trillions to Billions
Iraq has been talking about redenomination from around 2006 but it is a very difficult thing to get through any parliament, it has been stalled in Indonesia for many years. Once the Bill is approved takes about 2 years to implement so certainly not going to happen any time soon.
sandyf @Supreme leader dinard Was there a time where you could use a GBP and euro to buy stuff simultaneously in England? - Yes, there are places in the UK where traders will accept GBP or Euro, also around the US bases they will take GBP or USD. Where I went in Laos, they would take lao Kip, Thai Baht or USD, If USD was used the change would either be Kip or Thai baht. Cambodia is even more of a dual currency country, ATMs that take foreign cards dispense USD, you can only get local currency with a local card.
BobbyC Ok thanks for backing the current HD's can not exist with any newly issued LD's. Again I wasn't talking about 2 different currencies. A few countries operate off of dual currencies in the market but allowing a high of a 25K note and the possible low of a 1 Dinar Note makes zero sense. Yep they have discussed a re denom long before a lot of peeps invested in this
Dave Funny ....CBI has yet said Low and High demons would run concurrently for 10yrs
BobbyC Ok so explain how that works
Dave BobbyC CBI said so.......numerous times....not making it up
Dave Go to local bank to exchange....?
BobbyC Dave I get that. But can you explain how that would work? I know they were discussing Banking transactions involving that same conversation. Think about this. You own a supermarket and if they issue a new currency with a LD of 1 Dinar and then on the other hand you have another currency with a high value of 25K, how would they change all that. Now some have said they would have dual exchange rates. Really?
Dave Go to bank ......?????
BobbyC 1200% on the Bank exchange. Now one would have to think at what rate would you exchange
BobbyC 100% oops
Dave BobbyC Cbi has never stated a Rate
Dave Debit cards...reverse transactions? change goes onto cards Dave ?
BobbyC And they never will :) What I'm throwing out there is if they introduce a new currency, what do they do with the old and at what rate. If Iraq were smart, they'd re denominate and give todays currency a window to exchange at the rate of the announcement date
BobbyC Cards would be an option but just because they are putting salaries on cards now doesn't take away from the note count per se
Dave CBI also states....Delete 3 zeros AND INCREASE Purchasing power of the IQD
BobbyC The original purpose of the E Dinar was to battle corruption and ease of transactions both with Banks and in the Market with POS (point of sale)
Dave I go with what CBI states....that is alll.......speculation on our part
Dave Concurrent currency fer 10 yrs works for me
BobbyC Dave CBI also states....Delete 3 zeros AND INCREASE Purchasing power of the IQD. BINGO!!! I think Frank once said they will; revalue then re denominate. What an idiot. With a re denomination will come a stronger IQD. Remember the IQD is not like other currencies when it comes to a re denomination. Why? Because it's not used in international trade agreements
Dave FRANK works fer CBI?????
BobbyC I like your concurrent stance but you still haven't explained how it would work
Dave BobbyC ask CBI?
BobbyC They keep hanging up on me
Dave BobbyC Frank too?
BobbyC They don't allow Frank a phone. Scared of what he might say
Dave yeah IQD going global at 1/15 of cent.......
Dave compete with its neighbours with that
BobbyC South Korea does it. Vietnam does it. I just want Iraq to take the IQD international. It would be in our best interest if they took the current IQD onto that stage but that doesn't make good business
Dave Rice vs OIL.....?
BobbyC If competing with your neighbors dealt with who has the highest priced currency, world inflation would be off the scale
BobbyC Gotta remamber a currencies value is diddly squat except in trade agreements
Dave IQD rate same globally
Dave like usd cdn
BobbyC The only time a currencies value comes into play on our end is when we travel and when the Consumer Price Index changes
Dave tier 1 RATE......lol
Dave ALL ABOUT PURCHASING POWER......
BobbyC When you talk Trade Agreements, you're talking reserve currency status and you'll also see why countries want a weaker currency. Also why China and Europe manipulate the FOREX Markets
Dave 1000 FILS FER THAT COKE!
BobbyC PP yes. The IQD has purchasing power on par with the USD, just higher denominations
Dave BobbyC par?.......yeehaw!!!!
BobbyC Look at the denominations instead of the value
Dave LUV TO SEE SOME FILS
BobbyC Iraq tried the coinage deal in 2004
Dave \ BobbyC DID NOT HAVE kUrDISH LANGUAGE ON THEM......
Dave sHABS GETS SACKED ....OH WELL/////
BobbyC That also goes to show ya LD's will not run concurrent with today's currency lol
Dave BobbyC not WHAT cbi HAS STATED
BobbyC Didn't the Kurds get the language on the IQD via the 25K Note?
Dave BobbyC NOTES YES
Dave I think?
BobbyC cool thanks
Dave BobbyC Listen to Kap to much?
Dave too
BobbyC I';ve never been to his site, if he has one. I do see some of his postings
BobbyC His knowledge is way beyond anyone on these guru sites or youtube idiots
Dave I purchased from what CBI has stated.....not gurus
Dave cbi mentions it occasionally.......same theme
BobbyC Yep and their big pitch has always been.....DELETE THE ZEROS
Dave and increas purchasing power...same sentence
BobbyC Yep and that why some monies are on a redenom, then a revalue. That's how it works in the real world
Dave IQD wiped out from sanctions......
BobbyC wiped out?
Dave UN imposed sanctions
BobbyC Oh during the Sadam days
Dave could no longer tradw IQD glabally
Dave Dave UN sanctions still in force
BobbyC I'm just looking at 2003 and on when they introduced the new IQD
BobbyC What sanctions are on the new IQD?
Dave CH7...asset freeze on banking
Dave \cant trade it globally
BobbyC Most sanctions were lifted when Iraq regained it's sovereignty in 2004
Dave BobbyC Wrong!
BobbyC Ok show me otherwise. Aside from the debt owed Kuwait
BobbyC The last stroghol;d on Iraq was the DFI and that was realeased back to Iraq
Dave https://sanctionsmap.eu/#/main/details/19/?search=%7B%22value%22:%22%22,%22searchType%22:%7B%7D%7D
BobbyC Now have individuals and entities been sanctioned....YES Has Iraq as a Nation and Government been snactioned? Show me
Dave Canada Australia same thing
Dave still owe Kuwait monies from sanctions
BobbyC That Sadam stuff there lol
Dave recent news from just a few weeks ago...Ask Butterfly
BobbyC And yes the monies owed to Kuwait ar Ch 7 but has had no bearing on Banking. Why do you think Alaq was invited to the US to sell the Banking advancements in Iraq. Would they do that on a sanctioned entity?
BobbyC Security Council lifted all restrictive measures against Iraq, expect for the arms embargo (see Resolution 1483 (2003)). In addition, the repealed restrictions on trade were replaced with specific restrictions applying to proceeds from all export sales of petroleum and natural gas from Iraq, and to trade in goods belonging to Iraq's cultural heritage. Finally, the resolution introduced an asset freeze targeting in particular the former Iraqi President Saddam Hussein and senior officials of his regime.
BobbyC Now if ya look into the DFI, that was released
Dave UNSC CH7 ...IRAQ.......Still
Dave why not global then?
BobbyC Because the Banking Sector sucks and is not ready for it
Dave BobbyC at nominal rate ...why not?
BobbyC Alaq sold their advancements but then also added they need more help
BobbyC Rate has ZERO bearing The IQD is re building Iraq today So it has value
BobbyC * the IQD made to 2021 Budget lol
Dave BobbyC Rebuilding with MOUs.........
BobbyC No with the IQD
Dave still no reliable power......
BobbyC Now if it's an outside the border contract, the foreign exchange rate comes into play Mostly using the USD
Dave Mosul rebuilt??????
BobbyC Did I say Iraq was rebuilt? I said Iraq is rebuilding
Dave supper time......Discuss this with Butterfly she would agree
BobbyC Enjoy dinner
Sheila USE YOUR OWN DISCERNMENT. EXCERPT: Member: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public. -- Source:
https://dinarrecaps.com/our-blog/coffee-with-markz-tuesday-morning-chat-5-11-2021
BobbyC Do Irish Americans have a Tier?
butterfly This should be interesting and informative that I received. You can google her site:...............Here is Anna Von Reitz on the arvee......
Sunday, May 16, 2021 My Thoughts on the ArVee By Anna Von Reitz
The theory behind the "RV" is that when the US DOLLAR is trashed and people lose half to 80% of the value of their money in this country, it will be offset by gains in the value of other world currencies. So, you are being told to invest in the currencies of other countries, because once "the RV" occurs, their gains will more than offset your losses.
In theory.
Of course, putting all your money in other currencies weakens the US DOLLAR and so, you are stupidly participating in the demise of the currency you have been using and investing in all these years, albeit under the force of Legal Tender Laws--- which is another story you can chalk up to the U.S. Military.
butterfly Some of these foreign currencies, in theory, stand to gain much more value than others, because the countries involved have assets (like minerals or archeological sites) that have been discovered or developed in the years since 1941 --- the last time that an RV-like event and worldwide asset accounting process occurred.
Those responsible for trashing the US DOLLAR --- mainly military officials who are supposed to be guarding our nation's money for us --- have been promoting the RV as an "answer" for their own gross mismanagement ever since 1863 when Lincoln appointed them to be responsible for our money.
Refer to the very first Executive Order ever issued --- General Order 100, also known as the Lieber Code, issued in March of 1863, one day prior to Lincoln declaring the Northern State-of-State organizations bankrupt. The U.S. Army took over as the Territorial Government at that point and has been in control of the money ever since.
It has been under their auspices and on their watch that so much terrible fraud and theft and abuse of the people of this country has occurred, so don't for a moment think that our military can escape this debacle with clean hands. They have had their paws in our cookie jar since 1863 and much of what we and the rest of the world have suffered is directly related to them and what they have done or failed to do.
The proposed ArVee is no different.
Butterfly It is just another Big Con and Crap Shoot, based on graft and malfeasance, designed to benefit Insiders at the expense of Outsiders.
And it is just as criminal as all that has come before it.
The U.S. Military and their crony pals working the storefront in Washington, DC, have the most powerful commodity rigging scheme in place that anyone has ever attempted: The Exchange Stabilization Fund.
Using this mammoth stockpile of foreign currencies, they can undermine any economy and "blow out" any currency worldwide, at will.
They have been using this tool to conduct Economic Warfare since the inception of this scheme, and the ArVee is just the latest bit of their self-interested criminality on display, despite all the "secrecy" and elbow-jabbing associated with it.
Obviously, with the world currency markets rigged to the teeth, there is no actual value in any of the currencies. They are all arbitrary. Some jackass sitting in a leather club chair in London and his buddies sit down over a glass of Scotch and out of thin air, decide the exchange rates of world currencies, and whether or not people in Nigeria starve this winter.
It has nothing whatsoever to do with value or abundance of commodities or anything else. It's just digits and stockpiles and petty little men playing "god".
butterfly If the U.S. Military was worth the powder to blow them to Hell, they'd rebel against these masters and stop their endless bootlicking, but then, they'd have to explain to the American People exactly how and why all our gold and silver was cashiered offshore in foreign countries for "safekeeping".
And they'd have to explain their part in the 1919 Treaty of Versailles.
And they'd have to explain what went on in 1941, just prior to the staged attack on Pearl Harbor.
To quote Ricky, Lucy would have a lot of 'splaining to do. A lot.
And most of it wouldn't ring true or be justifiable. It would just appear to be what it is --- criminality in a suit.
You want to know why Biden is "President" of a brand new foreign Municipal Corporation (that doesn't have a contract) and Trump isn't?
Because the Dirty Military outfoxed the Clean Military. Or maybe they just bought off enough traitors to pull the political equivalent of another one of their horrible Great Fiascos ---- the September 11 Holocaust.
Tell me, again, why NORAD was on stand down that day?
No, friends, the ugly truth is that the ArVee is like everything else these jokers have done for the past 150-plus years and they all need to be keel-hauled.
butterfly ...............................she also told me that gentleman she knew from NY bought $17,400 of dinar and was told that he was going to get "paid" out........as of our talking tonight.........that person has NOT been paid out.
butterfly Just wanted to share what I was sent and told.
Sah Admirals group is not on standby and has not been notified for a payout any time soon, so far. We still need international currency law amended in Iraq to be able to use their currency out side of their country legally.
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