Zig’s Place Chat Room Discussion and News Monday 8-24-20
Zig’s Place Chat Room Discussion and News Monday 8-24-20
Zig :Thanks Dinar Recaps https://dinarrecaps.com/our-blog
Zig : GM I will not be in chat much today, if at all...Have some recruiting to do, including emailing old friends from PTR, etc...This chat room is in its 3rd week...so far it's too soon to judge how it is going, but in general I am not satisfied with the number of PARTICIPANTS...you members can help spread the word as I can only do so much... The Chat Room will remain open at all times now...I will not close it so you may post 24/7 If the room, in two month or so, only consists of the same 5-7 people posting daily, I will probably end the experiment
sheila hello there found a vimeo online today. couple of people talking in details about rates, exchange process, NDAa, redemption centers, banks, etc...
Sheila Yes, here's the vimeo link: https://vimeo.com/450245475
Sheila all opinions - not mine -- That vimeo talks about 800 numbers and going to redemption centers before international/market rates become public. That guy Pimpy has new video today saying something a bit different: 800 numbers and redemption centers https://www.youtube.com/watch?v=w_wu2FnxEd0 -- all opinions, not mine
LeLe sheila I appreciate it. Everyone is just speculating. Until it happens no one knows. As I say I listen chew what I like and spit the rest out. Thanks for sharing as always.
TWW anything new
Sheila consensus on the other boards are for this coming weekend. Dinar Investor guy says somewhere around Sept 19-20th.
Sheila So nothing new!!! lololol
TWW I read today UAE, Saudi, Egypt, Oman& one other are getting together this week for a conference...hummmm
Sheila One other? Arabic Summer?
TWW Arabic summit with UAE possibly??
TWW Remember I mentioned last week that between now & summer they may join the UAE with the Israel deal???
Sheila Yes I do remember. Peaceful Middle East? Is that possible?
TWW It is Biblical
Sheila What about Palestine? Or is this an economic summit?
TWW It has been said that Jordan, Egypt & Saudi told Abbas from POL to get with the Deal of the Century Deal or get left behind on ur own
sheila Well, Iraq needs an international rate to be able to sit at the grownups table.
TWW yes in deed, mayb thatz one of the thingz Trump & K-man spoke abt & the USA would his in the Economic talks...Who Nnows
sheila Still waiting on those UST changes to show up.
TWW MEEE TO
sheila Waiting for that Linchpin Event... then the dominoes will fall.
TWW Mid September not to far away
sheila good lord willing and creeks don't rise
TWW wonder what traps Durham set during time with Brennen Friday
sheila Did you happen to read TWW's post last night about "mid-September"?
Sheila This is like a runway. Eventually they are going to run out of road. lolol
UNEEK sheila I hope you are right - I sure would like to see this thing coming to a stop and folks being able to make positive changes in their lives and the lives of others - soooo much good could come out of this if it would just happen
sheila Not my words. TWW's nuggets. Hoping he's right. Many other are saying the same.
Sheila @UNEEK Read on another site, they said August 25th could be the day.
Xyz Parliamentary Finance: Two conditions for the International Monetary Fund to support Iraq https://www.nasnews.com/view.php?cat=38607
A member of the Finance Committee, Representative Jamal Cougar revealed two conditions for the International Monetary Fund to support Iraq with important loans and projects.
Cougar said in a press statement, followed by "People", (August 24, 2020) that "the meeting that the Iraqi Prime Minister, Mustafa Al-Kazemi, during his visit to Washington, with the Director General of the International Monetary Fund, Kristalina Georgieva, is very important to the Iraqi state."
He explained that "the meeting held between Al-Kazemi and the International Monetary Fund is very important, in general, because when there is direct interaction from such institutions and the World Bank, it means that the situation is stable, which prompts these institutions to encourage countries that have relations with them to support Iraq with projects, loans or Charitable investments or projects such as donations. "
And Cougar stated, "We hope that Al-Kazemi has been able to persuade these institutions to support Iraq and obtain infrastructure projects from them, noting that the International Monetary Fund announced a while ago that it was ready to support Iraq with an amount of about $ 2.2 billion."
He added, "But so far, the financial amount from the International Monetary Fund to support Iraq has not been determined."
A member of the Finance Committee revealed two conditions for the International Monetary Fund to support Iraq, namely:
"The first is for that money to go to infrastructure projects, not to salaries and the operating budget, and the second is for the atmosphere to be appropriate for the establishment of those projects, meaning providing an appropriate security and investment environment."
UNEEK sheila sounds great to me - I am sooooo ready!! I really wonder (all the time) what is the REAL linchpin to the RV - and now if things are being manipulated to prolong it because of the election or another reason - knowing that some really do not want it to happen at all - it seems to be a constant battle going on right? Hoping the linchpin will soon be pulled !!
xyz Member of the Kurdistan Parliament: A comprehensive agreement will soon be reached between Baghdad and Erbil
Today, Monday (August 24, 2020), a member of the Kurdistan Regional Parliament, Sherzad Hassan, confirmed that Baghdad and Erbil have reached a comprehensive agreement, stressing that what remains to declare it is the final touches, and then it will be implemented.
Hassan said in an interview with (Baghdad Today) that "the agreement will be in effect until the end of 2020 and will be related to salaries and sending money in exchange for implementing the conditions of the federal government in terms of controlling border crossings and the rest of the files."
He added that "other agreements on oil will be within the 2021 budget, which will be the prerogative of the Kurdish representatives in the government and parliament in order to obtain the rights of the region and install them in the budget law."
He indicated that "a delegation from the regional government had intended to visit Baghdad, and the visit was postponed due to Al-Kazemi's travel to Washington, and it is most likely at the beginning of next week that the delegation will be in Baghdad to complete all files and sign a comprehensive agreement until the end of 2020."
And the Minister of the Kurdistan Region for Negotiations with Baghdad, Khaled Shawani, announced on (August 16, 2020) that an agreement had been reached between Baghdad and Erbil, valid until the 2021 budget was approved, and included financial dues, outlets and a set of pending files.
Shwani said in a statement, that after a series of visits by the delegation of the Kurdistan region, headed by Qubad Talabani, with the aim of obtaining financial dues for the Kurdistan region and the salaries of employees, and after a number of meetings, and changing the proposals and notes for 12 times, the agreement was announced between the two parties.
xyz He added, "The negotiations witnessed a lot of ebb and flow, and the process was difficult and complicated, and our efforts were seeking to secure the financial rights of the region’s employees and protect the constitutional rights of the Kurdistan region. The agreement will be in effect until the 2021 budget law is approved, starting a new phase of negotiations on the 2021 budget."
He explained that the agreement includes sending 320 billion dinars per month to the Kurdistan region, and it deals with a set of other files such as monitoring, auditing, a mechanism for handling many financial and economic files, and a mechanism for dealing with the revenues of border crossings under the Federal Financial Management Law No. 6 of 2019.
An amount of 320 billion dinars sent from Baghdad to Erbil is scheduled to arrive today, Monday, according to an agreement reached by the Iraqi Prime Minister, Mustafa Al-Kazemi, and the Prime Minister of the Kurdistan Region, Masrour Barzani, in a phone call yesterday, to disburse the salaries of the Kurdistan Region employees. LINK
Doug_W @xyz gee have we EVER heard tha B4?
xyz Doug_W not that Z recall
Sheila 320B dinars -- how much in USD?
Doug_W divide by 1200
Sheila thanks
Sheila 266,666,666.667 -- ominus number? Lololol
Doug_W sheila ? how so?
Sheila nero's number
Doug_W who is Nero?
Sheila guess it's a stretch
Doug_W I am lost lol
Sheila nero is biblical reference
Doug_W ahhh ok ty
xyz Iraqi Planning is discussing draft instructions for implementing the Financial Management Law
The Iraqi Minister of Planning, Khaled Battal Al-Najm, chairs a meeting to discuss implementation instructions for the Financial Administrative Law
August 24, 2020 2:04 PM Mubasher: Today, Monday, the Iraqi Minister of Planning, Khaled Battal Al-Najm, chaired a meeting that included the technical and administrative secretaries, the general directors of government sectors and investment directorates, economic and financial policies and the legal department. To discuss the draft instructions for implementing the Financial Management Law.
The Minister stressed, during the meeting that was devoted to discussing the draft instructions for implementing the Financial Management Law in light of the amendments witnessed by the law, that the Financial Resources Law should have been applied at the beginning of this year, but as a result of the circumstances that the country went through, its implementation was delayed.
Al-Najm said that the Financial Management Law gives the Ministry of Planning a good space in drawing up and directing the financial policy in Iraq.
The minister stressed the need to develop the operational policy into the concept of projects and components, in order to benefit from this concept in the maintenance of fixed assets of state institutions, which suffer from the absence or lack of financial allocations, which led to the exposure of those assets, which include buildings, furniture, etc., to a lot of Damage and out of service .
Al-Najm pointed out that the Ministry of Planning is working to ensure that the instructions for implementing the Financial Management Law are commensurate with the Ministry's mission of development by granting it broader powers regarding the file of government investment projects.
xyz The minister indicated that the required powers are for the ministry to undertake the approval, allocation, launch and financing of projects, with the aim of facilitating procedures and ensuring implementation within the timing, time and financial schedules of each project LINK
Rick looks like iraq is about to change their rate
Doug_W rick don't hold ur breath I have been hearing that for OVER a dozen years now
rick 10 here :Smile:
rick now that they are a sovreign country lets hope its time
Sheila sovereignty is one step in the process. thinking it's more about the money - MOU for big investment contracts signed last week. Abraham Accord (UAE & Israel). always follow the money. lolol
rick yes :Smile:
John Frank has stated https://www.youtube.com/watch?v=h2vJHtaN2Fw&lc=UgzUlnFTPSlQGMTxA194AaABAg
John Frank has stated Comprehensive Agreement
Sheila Know homeless people that have been given currency. They have no ID's, no address. How will they be able to exchange? Anybody have any ideas on how to help them?
Zig "John Frank has stated t" Comprehensive Agreement https://www.youtube.com/watch?v=h2vJHtaN2Fw&lc=UgzUlnFTPSlQGMTxA194AaABAg
Zig sheila : Money is money...people exchange currencies every day....
Sheila Zig Not without Identifications of some type. They have old driver licenses from many years back. Nothing current. They live by the grace of good people helping them occasionally yet mostly they live on the streets.
Sheila @Zig Do you think that when this goes those Bankers will help them exchange without current IDs? Money talks... lolol
Zig People who tell you that this will be different...that some "special procedure" is needed to exchange Dinar....IMO....IMO....that is :BS:
Doug_W its a simple currency exchange nothing more or less
Doug_W NO special anything needed
Sheila Zig Yes, I agree there is not much to a currency exchange. Have done it many times over the years travelling abroad. Yet I had current issue ID's like Driver License and Passport.
xyz sheila Z has travel across planet earth. Exchange is simple as paying for grocery.
Zig Well...have never done it so don't know if an ID is required....anyone else have experience exchanging any currency?
Doug_W yes I have
Sheila Please read my post. They are actually Homeless without current IDs.
Doug_W show ur ID such as a DL or state issued ID card and get it done
Zig sheila : So you NEED an ID to exchange currency??
Sheila Zig They are Homeless... no ID's, no address, no bank accounts, nothing. it's like they don't exist. Anyone have suggestions on how they can exchange?
xyz Why do you guys make it so hard ... :Hair:
Doug_W stand outside a bank and have someone else do it IDK Ziggy
Zig So if a homeless person walks into a bank wanting to exchange $$$$ for Euros they need an ID??
Doug_W there needs to be a "record" of that transaction Zig
Sheila Zig With the amount of currency they were given, it would seem a bit more complicated than exchanging for petty cash on hand.
Doug_W everybody is consumed with "CYA"
Doug_W besides if U go into a bank/other exchange place, ur NOT gonna walk out with that much cash but rather an account with it in it
Sheila Doug_W From what I was told they were given a significant amount. Like couple million dinar, some millions dong and stack of zim. They were saying the guy that gave it to them just gave up. Walked by them and told them it was their problem now. They have been holding on to it. Heard about this story through a local ministry. lololol
Sheila Anybody? Anything?
Sheila Would anyone like to see the estimated rates being posted on another chat?
Sheila TWW What rate/s are you hearing on the dinar? Am hearing 3.61-3.81.
TWW none
Sheila TWW okay. gotcha
TWW .000084 iqd
Sheila TWW really? .000084 ... that's not much better than program rate.
TWW oooppps ..00084 iqd
Sheila that's possible rate for mid-sept?
TWW L8TS September possible 84 cents to USD, possible
TWW Dong as well, 48 cents to USD
Sheila yes, when I heard about dinar and dong possible revaluation, it was 86 cents for dinar and 5 cents for dong. that was 2009.
Sheila Dong - 48 cents? well that is close to what is being posted on the other chatbox.
TWW thats 2009
Sheila 2009 numbers?
TWW yep
Sheila it's 11 years later. hearing 3.61 up for dinar. back to their pre-war rate plus 20% for all the years dinar has been out of forex trading.
TWW dong, yes 48 cents.i own dong since 2014 plus others
Sheila dong since 2009. only couple others. very frugal.
TWW me as well in ways
TWW icl silver rounds/bars again in 2014
Sheila "I Think We're Alone Now" by Tommy James & The Shondells -- https://www.youtube.com/watch?v=IkMFLUXTEwM
TWW cool
Sheila yes, invested in gold and silver rounds 20 years ago. trying to hold them. girl's gotta eat. lolol
TWW i sold abt 1/2 of my silver when it was $50+ 2011/2012
Sheila holding
TWW then starte buying from $12+
Sheila buy low, sell high - market forces
TWW Last purchase was March 2020 @ $14.13
Sheila good buy
TWW yes
Sheila will buy more after revaluation/s
TWW silver may skyrocket when that happens
Sheila most likely - still physical asset worth holding
TWW yes
Sheila RV Theme Song -- SEE YOU IN SEPTEMBER - THE HAPPENINGS -- https://www.youtube.com/watch?v=iu-7DXBiVsA
Sheila lololol
TWW lololololol
Sheila it's about time - come on...
Sheila RV Reaction Song -- Laughing by The Guess Who - https://www.youtube.com/watch?v=5MyeHH5uJzY
TWW keep ur eyes open during the up coming congress vacation but not the MSM groups they wont say anything abt it
Sheila house or senate? https://www.nab.org/documents/advocacy/2020CongressionalCalendar.pdf
TWW brk, goin outside for a few (both rebs & dems)
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox