Zig’s Place Chat Room Discussion and News Monday 12-28-20

Zig:  Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here.

Zig   I listened to the recording of @Kaperoni and @Enorrste call....It was pretty optimistic IMO...as far as the possibilities for next year go....

Zig   Recording link of DinarAlert call with @Kaperoni and @Enorrste if you have interest https://dinaralert.webs.com/2020-12-28--19.mp3

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Xyz   The 2021 budget may be approved in March ... a reading that determines the fate of the January and February salaries https://baghdadtoday.news/ar/news/141199/%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-2021-%D9%82%D8%AF-%D8%AA%D9%82%D8%B1-%D8%A8%D9%80-%D8%A3%D8%B0

Xyz   Iraq: A demonstration in front of the Central Bank to condemn the devaluation of the dinar and the market chaos

Today, Monday, al-Rasheed Street, in the center of the Iraqi capital, Baghdad, witnessed a demonstration near the Central Bank to denounce the decision to reduce the value of the Iraqi dinar against the US dollar, in a way that caused the market to break out with a sudden increase in the prices of various commodities by rates reaching 25%.

And last week, Iraq began to work with the decision to reduce the national currency, to its lowest level since 2004, to bring its price to 1450 dinars per dollar through the tributaries of the Central Bank, compared to 1184 dinars previously, a decline of 23%, which caused great confusion for the markets with Suddenly rising prices.

The demonstrators gathered in front of the Central Bank building, demanding the dismissal of the bank’s governor, Mustafa Ghaleb, and the return of the exchange rate to what it was in the past.

The demonstrators raised banners accusing the "central" of working to starve the people, stressing that the solution to the country's economic problems should not be at the expense of the livelihood of the poor citizen. LINK

xyz   The Judicial Council is investigating the Central Bank and 13 private banks in the money laundering case https://ihwclkgcqaxdcwiojwlp6kgalm--www-sotaliraq-com.translate.goog/2020/12/28/%d9%85%d8%ac%d9%84%d8%b3-%d8%a7%d9%84%d9%82%d8%b6%d8%a7%d8%a1-%d9%8a%d8%ad%d9%82%d9%82-%d9%85%d8%b9-%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d9%8813-%d9%85%d8%b5/

Zig    "March Event----Iraq News"......Video by Jeff AKA Dinar Investor from 12/27 https://www.youtube.com/watch?v=FRf7zMbUn7w&t=132s I have invited Jeff to return to the chat....so far no luck....lol

Dave  listening to your call NORV.....sounds reasonable...40 mins in .... so far

Dave  cost fer a bottle of water why not Coke?

Zig  Dave : Was a pretty optimistic call in general....

Dave  no mention of CBIs Delete 3 zeros

Dave  fails to mention free float vs managed float

Dave  all moot until art 4 NORV ?

Tebow  Dave don;t have one now either debriefed when I retired

Tebow  Dave he said no RV and it RVd from 1190 to 1450

Dave  Tebow said rthey rved 10 yrs or more ago also

NORV  Like I said on the CC last night, Iraqi's don't want to pay 22% more for dollars so the auctions are significantly less...as stated today...50% less. That is huge for the CBI! Start manufacturing Iraq!

NORV  :Pool:  FLOAT

Dave  then going global with those lds/fils at the nominal rate.....1600iqd to the dollar.....

Dave  no wheel barrows ,,,,,dump trucks

Zig  @Enorrste sounded a bit excited as to something finally happening early next year...if Iraq can get some things done with attracting investors, etc...

Zig  Joining the WTO....etc....

Dave  794 excited

Dave  795

Dave  called white paper now....just called reforms fer last 14 yrs

Dave  white poaper makes it special t5his time i guess

Dave  Tebow His call seems reasonable 1 hr in....no lies?

Dave  just bringing key news items from iraq

Dave  NORV Good news update!

Dave  now how do i delete that post?

Dave  NORV Your call was GOOD!

Dave  glad you never mentioned fils

Zig  It was a good call IMO.....

Spectra  NORV did you have a call?

Dave  Tebow THIS WAS A GOOD CALL NO BS

Zig  Dave : Agree

Zig   Was a very practical call IMO

Zig   NORV : Seriously it was a good and an interesting call....gives me some hope.....

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