Zig’s Place Chatroom News Late Friday PM 1-28-22
Zig’s Place Chatroom News Late Friday PM 1-28-22
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish
Butterfly Oil prices approach $91
2022-01-28 Oil futures prices rose at the close of trading today, Thursday, after their temporary decline this morning, to remain at their highest levels in seven years.
This comes against the background of the US Federal Reserve (Central Bank) indicating its intention to start increasing US interest rates to curb inflation, which reduced investors' appetite for higher-risk assets such as raw materials.
Today, West Texas Intermediate crude rose to its highest level since October 2014, while the price of Brent crude, the global oil standard, rose to close to $91 a barrel.
And the Bloomberg news agency indicated that the rise in oil prices in recent days comes in light of the lack of actual supplies in the markets, and that the transactions that take place in the North Sea market and help determine global oil prices, reached their highest levels since 2019.
The price of West Texas Intermediate crude, the benchmark for US oil, rose by 0.8 percent to $88.09 a barrel for delivery next March in the trading of the New York Mercantile Exchange.
The price of benchmark Brent crude rose by 0.7% to $90.59 a barrel for delivery next March. https://burathanews.com/arabic/economic/406642
NORV How is the dinar RV coming? lol
NORV :Float: :Float: :Float: zig lol :$$$:
NORV Here is an article that actually means something...
https://www.awla.news/%D8%AA%D8%B6%D8%AE%D9%85-%D8%A7%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D8%B1%D8%AA%D9%81/
NORV We want to see inflation in Iraq. Inflation is what will raise the exchange rate over time. ok see ya later. Pizza day..mushrooms and pepperoni :Pizza:
Zig NORV : Hi...you never answered butterfly She asked if you own any Dinar and also posted: "Well if he owns dinar I can understand his posts, BUT if he doesn't own dinar, why the heck is he even in here? Is it a personal problem he has for attention."
Zig And you never answered Dave regarding the link about money supply: " Kap would please define what narrow money means in the link you posted"
Dave Zig Narrow money can also include that digital money held in checking and savings accounts
NORV Zig one of many money supply links was posted yesterday! Dave refuses to accept that he is a fool looking for a RV that will never happen.
Dave Money held by Central banks
Zig NORV : Please don't call anyone here a fool
NORV what I own is personal but I have stated several times, there is no need to own dinar..because if and when it ever goes up in value you can invest via the foreign exchange.
Dave NORV Narrow Money and Broad Money
Narrow money is a subset of broad money. To be explained further, in the United States, narrow money is solely known as M1, whereas broad money includes M1, M2, and M3. As you can see in the explanation below, M1 examples (narrow money) are also included in the M2 and M3 examples (broad money).
M1 Examples: Notes and coins
M2 Examples: Notes, coins, traveler’s checks, and demand deposits
M3 Examples: Notes, coins, traveler’s checks, demand deposits, savings deposits, and money market deposits
NORV 106 trillion dinar to be exact at this time if they RVd at 1 to $1 lmbo
Dave NORV Where did you get 1 to 1?????
NORV https://tradingeconomics.com/iraq/money-supply-m0
Zig Dave : Thanks for that explanatory post
Dave savings accounts is digital......
NORV Zig see he refuses to accept reality
Dave MO......all that tattered worn out notes from 18 yrs ago
NORV 106 trillion
NORV you must think iraq is richer than all countries added together lol
Dave what ever happened to all that old tattered M) money supply
Dave M0.....
NORV do you know anything about central banks?
NORV it is their job to replace worn out currency
Dave Narrow includes money held by Central Banks....
NORV https://tradingeconomics.com/iraq/money-supply-m0
Zig Dave : So being digital is an important factor, right?
NORV the money supply has doubled in the last 24 months
NORV that is not old money money is money zig
Dave NORV Narrow Money and Broad Money
Narrow money is a subset of broad money. To be explained further, in the United States, narrow money is solely known as M1, whereas broad money includes M1, M2, and M3. As you can see in the explanation below, M1 examples (narrow money) are also included in the M2 and M3 examples (broad money).
M1 Examples: Notes and coins
M2 Examples: Notes, coins, traveler’s checks, and demand deposits
M3 Examples: Notes, coins, traveler’s checks, demand deposits, savings deposits, and money market deposits
Dave add Money held by Central banks.... Bush made off with 30 billion usd in IQD
NORV Look at that chart and see how the money supply has significantly increased since they reduced the exchange rate from 1170 to 1460
NORV dave ur living in LALA land
Dave NORV WHERE or WHERE is that 100 trillion?????
Zig I think that is a good question as to where all that money is
NORV Zig well that is not a hard question...its on the streets of Iraq
Zig ALL of it?
Dave no in Mattresses!!!!!
NORV when the currency devalued..it takes more to buy what you need.
NORV so the CBI had to release more to compensate
Dave CBI's vaults must be empty
NORV dave the best part is everyone must be lying, right?
NORV https://tradingeconomics.com/iraq/money-supply-m0
NORV all the articles, reports and various websites? all fake?
Dave Digital money stuffed in Mattresses...lol
Zig Dave : Invisible
NORV and you wonder why I call him a fool Zig?
Zig NORV : IMO he is far from a fool
NORV ok. well go read up on where the dinar is then...
NORV https://tradingeconomics.com/iraq/money-supply-m0
Zig Nobody is a "know-it-all", Kap...not even you....we can all have disagreements without resorting to name-calling....
Dave https://corporatefinanceinstitute.com/resources/knowledge/economics/narrow-money/
NORV No..this is not a question of "knowing it all" the facts speak for themselves
Dave YES CBIs vault is empty
NORV the dinar is 1000x less value than dollars. so 106 billion dinar is 106 (or about) trillion dollars if equal in value.
Dave Zig Would the link i posted vague on definition of narrow money?
NORV That proves there can never be a significant RV of the dinar. Because Iraq could never afford 106 trillion dollars
NORV math must be difficult for many
Zig Dave : No
Dave NORV THOUGHT WE BE TALKING ABOUT 100 trillion IQD?
NORV we are
Dave HOw much of that being digital?
NORV that is why they will LOP reducing 106 trillion to 106 billion
Zig NORV : For me 2 cents would be "significant".....lol
NORV Dave who cares money is money
Dave Zig ditto...lol
NORV you think they are going to lop the digital and not the paper?
Dave 1/2 truths......
NORV it is impossible to RV the dinar in any format
NORV 106 trillion is to much I am arguing with a block of wood go do ur homework and learn
Dave 30 trillion in USA federal reserve
NORV see ya
NORV Dave where? prove it
Zig NORV : Dave is a highly educated man....so back off
Dave Zig NAW ....I provide links......
NORV Zig No he isnt. he is nieve
Dave cut and paste....
Zig NORV : You have always been condescending
NORV Zig No, I just show the truth
Dave Zig in your opinion
NORV and these ** think they will get rich not going to happen
NORV only with the growth and success of Iraq can the dinar appreciate in value
NORV that not happening overnight
Zig So eventually we could get rich
Dave Zig possibly.......
NORV dont know about rich, but eventually it could rise
Dave NORV NYET to FREE FLOAT!!
NORV rich is relative to how much you invest in
Dave got a bunch of those brown notes......
NORV id get rid of all of it so they dont discontinue it and make it worthless. play the foreign exchange.
butterfly could be
Sparky ... let's face it, Iran controls Iraq ... imo ... have been circumventing US sanctions since jump street
butterfly Russia is getting deeply involved in Iraq also. Time will tell how this all turns out for Iraq.
Sparky butterfly ... if Putin isn't careful, he'll have a whole lotta luv from Europe ... they will make Russia a resort area ... UN ...
Sparky ... skiing, and skiing ... what do they do there ? Broke and desperate citizens of Russia ...
butterfly Yes they are standing with what they said.........sanction him to the max.
Sparky ... eventually they will take their country back, away from the likes of a Putin ...
Sparky ... and join the rest of the civilized world ...
butterfly I don't anything about this but have been watching on Twitter. Spotify lost $4 billion in market value this week.
butterfly 4 billion loss for Spotify so far. losing Neil young and other artists that will make their Exit and keeping joe Rogan was worth that ?
butterfly Oh boy......here we go again.... A second version of omicron is spreading. Here's why scientists are on alert https://www.npr.org/sections/goatsandsoda/2022/01/27/1076123109/new-covid-variant-omicron-ba-2
butterfly called "omicron BA.2,"
Sparky butterfly ... yeah, I saw that ... Neil Young leading the charge to the exit of Spotify ...
butterfly They preferred Joe Rogan spreading lies and it has really pissed off a lot of artists.
butterfly Why can't I think of his name.....Mandy....song
Sparky ... Barry Mantilow ...
Sparky ...sp ...
butterfly OMG....thank you.........he is removing himself from there also.
butterfly I can't keep up with all the names that are withdrawing.
Sparky butterfly ... young folks at Spotify didn't even realize their audience demographics ... hehehe ..... crashin' and a burnin' ...
butterfly Honestly I had no clue what they were even talking about until people were talking about it.
Sparky ... they threw 100 million at Joe Rogan ? ... and let Neil Young go ? ... hahahahahahaahaha ...
butterfly Yup and now they have lost 15M so far.
Sparky ... Spotify business going to take a huge hit this year ...
Sparky , and only then will we move closer to prosperity on this endeavor ... imo ...
Sparky ... hope they'll be * outta luck ...
Sparky ... Sadr and Maliki both report back to Iran ...
Sparky ... anyone been following this thing ?
Sparky ... Iraq's fully seated government resides in Iran ...
Sparky ... kind of funny to watch ...
Sparky ... if Iran decides to prosper us, we will be fortunate ...
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