Zig’s Place Chatroom News Friday PM 4-1-22
Zig’s Place Chatroom News Friday PM 4-1-22
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish
butterfly Source denies claims that al-Sadr asked Salih to withdraw his candidature https://shafaq.com/en/Iraq-News/Source-denies-claims-that-al-Sadr-asked-Salih-to-withdraw-his-candidature
butterfly Ramadan 2022: When does it start and everything else you need to know
Middle East Eye answers key questions about the holiest month in the Islamic calendar, including its religious significance and what fasting entails ................. https://www.middleeasteye.net/discover/ramadan-when-does-it-start-everything-you-need-know
butterfly UK: MP says Britain wants Qatari and Ukrainian refugees not 'people in rubber boats'
Conservative MP Bill Wiggin sparks anger after saying Prime Minister Boris Johnson should only accept 'right' sort of refugees ............ https://www.middleeasteye.net/news/britain-mp-wants-qatari-ukrainian-refugees-people-rubber-boats
Sheila 1.00 Venezuelan Bolívar = 0.22879182 US Dollars 1 USD = 4.37079 VES
We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Check send rates https://www.xe.com/currencyconverter/convert/?Amount=1&From=VES&To=USD
butterfly USD/IQD exchange rates stabilize in Baghdad ................ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) stabilized in markets of Baghdad and dropped in Erbil, on Thursday.
Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 147100 IQD to 100.
Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital stood at 147500 and 146500 IQD, respectively. ...................... https://shafaq.com/en/Economy/USD-IQD-exchange-rates-stabilize-in-Baghdad-6-3
Dave butterfly Read some chatter about economic reforms in Iraq.......Still awaiting those guys to elect a President.......thought that was the easy part....
Dave ....no vote....No reforms?
butterfly Dave Wait Wait Wait and now they are going in to the long month of Ramadan.
butterfly As all of the gurus have stated in the past and I'm sure it will be repeated this time.......about it will happen while they are on their holiday. Get ready to read it.
Dave butterflyYes every year fer 12 yrs have read that Gurus said it would be coming during Ramadam.....
butterfly Al-Sadr withdraws from negotiations to form the government, Al-Maliki starts talks https://shafaq.com/en/Iraq-News/Al-Sadr-withdraws-from-negotiations-to-form-the-government-Al-Maliki-starts-talks ................. "For Iraq not to remain without a government which will deteriorate the security, economic, and service conditions, I am giving (the third: the Framework) an opportunity to negotiate with all the blocs to form a national majority government, without the Sadrist bloc, in a period from the first day of Ramadan until the ninth of Shawwal (40 days)." He added.
TWW sheila https://rumble.com/vz23wt-breaking-news-mark-z-charlie-ward-and-chas-carter-3-30-22-ppn-at-12pm-cst-1.html Today with Dr Charley, David Mahony, Chas Carter & MarkZ...A lot of blanks filled in during this amazing Q & A.
Sheila @TWW - truly appreciated that Rumble video. Now it's all over the dinar guru postings. lol
butterfly Oil slumps 7% as U.S. plans record crude reserve release .......... https://shafaq.com/en/Economy/Oil-slumps-7-as-U-S-plans-record-crude-reserve-release .................. Biden's 180 million-barrel release is equivalent to about two days of global demand, and marks the third time Washington has tapped the SPR in the past six months.
Starting in May, the United States will release 1 million barrels per day of crude oil for six months from the Strategic Petroleum Reserve, Biden said, adding that 30 million to 50 million barrels of oil could be released in addition by allies and partners.
"We need to increase supply... Oil firms sitting on idle wells or unused leases will have to start producing or pay for their inaction" he said......more in the article
butterfly KDP, Al-Siyada confirmed their commitment to the "Saving the Homeland" Alliance with Al-Sadr https://shafaq.com/en/Iraq-News/KDP-Al-Siyada-confirmed-their-commitment-to-the-Saving-the-Homeland-Alliance-with-Al-Sadr
butterfly Oil slides before consumer nations' meeting on stocks release https://shafaq.com/en/Economy/Oil-slides-before-consumer-nations-meeting-on-stocks-release
butterfly Iraqi cleric Al-Sadr steps back and asks rivals to form government amid ongoing political deadlock https://english.alaraby.co.uk/news/iraqs-al-sadr-steps-back-asks-rivals-form-government
Butterfly Basem Khashan: I will appeal all violations of the House of Representatives in the Federal Court LINK
butterfly Just in that 90% of the jobs lost during the pandemic have returned. Unemployment rate 3.6%. Finally we are way back.
butterfly on our way back.
Sheila Forfaiting By Caroline Banton Updated October 26, 2020 Reviewed by Michael J Boyle
What Is Forfaiting?
Forfaiting is a means of financing that enables exporters to receive immediate cash by selling their medium and long-term receivables—the amount an importer owes the exporter—at a discount through an intermediary. The exporter eliminates risk by making the sale without recourse. It has no liability regarding the importer's possible default on the receivables.
The forfaiter is the individual or entity that purchases the receivables. The importer then pays the amount of the receivables to the forfaiter. A forfaiter is typically a bank or a financial firm that specializes in export financing. https://www.investopedia.com/terms/f/forfaiting.asp
Zig sheila : Well that is certainly something I did not know....Does it somehow relate to currency exchanges?
Sheila Zig Banking
Sheila Zig More specifically, this looks like Platform Trading banks do with our accounts after hours?
butterfly sheila I guess you missed that post I made sometime ago about the banks. Every night at 12 the amount in the banks, your account/s, are traded. This came from a retired bank president that was told to me years ago. The banks are making a lot of money off of your money AND the charges they charge you.
Sheila butterfly Yes, I remember reading that post. Just heard the Forfaiting word today and thought I would post meaning.
butterfly What is the meaning of forfaiting?
Forfaiting is a method of trade finance that allows exporters to obtain cash by selling their medium and long-term foreign accounts receivable at a discount to a forfaiter, a specialized finance firm or a department in a bank.
butterfly When I confronted the CEO of a local bank, he was shocked that I knew about that.
butterfly My friend in CA, sometime ago, wanted to cancel her one account and the bank would not allow her to do it. So her accountant told her to write several checks against that account until she depleted that account.
butterfly Oil benchmarks on course for biggest weekly losses in 2 years ................. https://shafaq.com/en/Economy/Oil-benchmarks-on-course-for-biggest-weekly-losses-in-2-years
Sheila 1.00 Venezuelan Bolívar = 0.22859497 US Dollars 1 USD = 4.37455 VES
We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Check send rates
Venezuelan Bolívar to US Dollar conversion — Last updated Apr 1, 2022, 18:08 UTC
Sheila https://www.xe.com/currencyconverter/convert/?Amount=1&From=VES&To=USD
Sheila Curious as to why www.xe.com would have Bolivar Rate change, as they are supposed to get their information from Forex?
TWW sheila Just rec'd email from Riyadh with update. I will b bk in an hour or so so I can verify with unc mike. May send via ur em.
Zig TWW : So that is something that you can't share with the whole chat??.....
Zig If so then why tease us with a post like that??.....lol
Zig Use email or PM her
Dave Zig HAVE to be cryptic after you sign that NDA?
Dave butterfly Same apply to you....? I be So confused........Iraqi Govt seems to be moving backwards not progressin no where....what would i be missing other than the boat?
butterfly Dave hey there. Sometimes things aren’t what they seem to be.
Dave whats not happening?
Dave Sadr now taking about resigning.......AGAIN......
Dave heard much about this White Paper..Parliament requires a vote to pass bills and reforms......or so i thought
TWW Zig not yet, waiting for my call...diff time zones
Sheila TWW hey there
TWW sheila hey there, zig must be having a great day
Sheila TWW He doesn't want to be left out.
Sheila TWW We are all privileged to be here.
TWW sheila i understand. I may em u within the hr to share a few tidbits. my morning info was worded very oddly. I need to hav some clarity on it.
Sheila TWW Appreciate being included. LOL - Most likely it will appear on Recaps in couple of days. Rumtel heard round the world. LOL LOL
TWW sheila ck ur em.
Sheila TWW got it - leverage
Sheila 1.00 Venezuelan Bolívar = 0.22858341 US Dollars 1 USD = 4.37477 VES
We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Check send rates
Venezuelan Bolívar to US Dollar conversion — Last updated Apr 1, 2022, 22:13 UTC
TWW sheila Hope u got the jest of it. sorry for the blanks. Now u know
butterfly I thought this was interesting for all:
butterfly Are Iraqi dinars worth anything?
“IQD is heavily undervalued at present and will rise significantly against USD in mid-to-long term due to a pending revaluation bound to happen soon.” Supporters of Iraqi dinar Investment are reported to be confusing two economic terms: Revaluation and Redenomination.
Dave butterfly i like both terms
Dave best.....delete 3 zeros....
Sheila TWW leverage - good and evil sometimes evokes same responses
butterfly Can you imagine what they go through just to buy a coke.....a very big purse to carry all those IQDs
Sheila evoke
Dave butterfly lol thanx
Sheila butterfly How much in dinar is a Cola in Iraq?
Zig Please don't start with the fils Dave LOL
butterfly The price of 2 liters of Coca-Cola in Baghdad is 1,453 Dinar
Dave folks can relate to coke
butterfly Kuwait: The price is 0.36 USD. The average price for all countries is 0.94 USD. The database includes 52 countries. https://www.globalproductprices.com/Kuwait/coca_cola_price/
butterfly Coke will also clean the "crap" on your auto battery.
Sheila butterfly cool web site
Zig butterfly : Where did you see this? "Are Iraqi dinars worth anything?
“IQD is heavily undervalued at present and will rise significantly against USD in mid-to-long term due to a pending revaluation bound to happen soon.” Supporters of Iraqi dinar Investment are reported to be confusing two economic terms: Revaluation and Redenomination"
Dave Zig Soon relative term
butterfly Zig googled it
Dave IQD is heavily undervalued at present and will rise significantly against USD in mid-to-long term due to a pending revaluation bound to happen soon.
Dave soon.....12 or more yrs
butterfly This site will give you a lot of information: ................
Dave 0.00068 United States Dollar
butterfly https://www.google.com/search?q=iqd+to+us+dollar&oq=&aqs=chrome.1.69i59i450l8.212391j0j7&sourceid=chrome&ie=UTF-8 ...........Will the dinar go up in value?
There has been an increase in the value of the Dinar; although it has been slow. A true Iraqi Dinar reevaluation does show growth. As the region stabilizes and commerce and industry return the dinar has shown some improvement. Investing in the dinar is a good way to buy low and eventually sell high.
Dave .There has been an increase in the value of the Dinar; although it has been slow...;.....gone backwards
Dave Throw us a bone.....
Dave As the region Stabilizes???????
Dave Never ever been this slow in forming a GOVT
Dave commerce and industry return the dinar has shown some improvement.......SOME????
Dave WHO What WHERE WHen ,,,and WHY?
butterfly I believe the truth will eventually come out Dave
Dave I would not invest a Nickle with those crooks
Dave no foreign investment laws ....yet......
Dave SOON........
Dave butterfly Which Truth....?
butterfly I know I know, just try to be patient.
Dave Kurdish headquarters just got scorched......
Dave These Polliticians/media must be brilliant with all the Choreography......No Oscar though
Dave butterfly Holy flashing Bank screens...Batman!,,,,was talking to a banker I know.....Take no offence but I have heard that....1000x or more in the last 12 yrs..../
Sheila You view, You discern: One man's opinion: 04/01/2022 Update - https://nicksintel.wordpress.com/2022/04/01/04-01-2022-update/
TWW sheila em: u m asked me to bid U a . :Hammock: :Yacht:
Sheila Gimme Little Sign by Brenton Wood - https://www.youtube.com/watch?v=W79LIAy_qp8
Sheila TWW still here, listening to music, chillin
Sheila Part of Nicks discussion said it was all about "politics" holding this from activating.
Sheila Pictures Of Matchstick Men (1968) by Status Quo - https://www.youtube.com/watch?v=NP6RzRfVlpA
Sheila good night all
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