Zig’s Place Chatroom News Thursday Afternoon 1-20-22

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

butterfly   State Of Law: We Will Not Pass The 2022 Budget Without Reducing The Price Of The Dollar

01/20/2022 | 4:34 PM   The leader of the State of Law coalition, Haider al-Lami, confirmed today, Thursday, that the 2022 budget will not pass until after the exchange rate of the dinar against the dollar is restored to what it was previously, especially after the rise in oil prices.

Al-Lami told the “Information” agency, “The coalition, from the beginning, categorically rejected the decision to raise the exchange rate, but was surprised by a great rejection by some political forces,” noting that “the only affected by this rise is the Iraqi people.”

He added, “Iraq today exports more than four million barrels of oil, and the price of one barrel reaches 85 dollars, so the exchange rate decision must be reconsidered.”

Al-Lami stressed, “The rule of law will not proceed with passing the 2022 budget except with a decision to return the dollar exchange rate to what it was previously, in the service of the interests of the Iraqi people.”

almaalomah.me

Zig   Regarding the Sterling Currency case:

On December 10, 2021, the Court imposed the following custodial sentences for the three convicted defendants:

TYSON RHAME was sentenced to 15 years of incarceration;

JAMES SHAW was sentenced to 7 years, 11 months of incarceration; and

FRANK BELL was sentenced to 7 years of incarceration. Much more here https://www.justice.gov/usao-ndga/sterling-currency-action

butterfly   Thanks Zig

Zig   If anyone filed a claim against Sterling, restitution decisions will be made in Feb....according to what you will find at that link

Zig   butterfly : YW

butterfly   The Court has allowed victims an additional period of time to come forward with evidence of their losses. Accordingly, if you have not already done so, please be sure to complete a Victim Impact Statement and send any records of your purchases at Sterling no later than January 20, 2022.

butterfly   I wonder if the other victims know about that website and the information in there.

Zig   I think many people lost money with them

butterfly   I think they did and it has been so long, that most have problem wrote it off.

Zig   People lost on those "Reserves".....I never did that.....

Sheila   Zig Did it once back in 2011. Paid off in less than 3 weeks.

butterfly   Zig if I did not have the money, I was not going to trust it to someone I did not know. Just like the "so-called gurus".

butterfly   I hope this information gets posted over on dinarrecaps bc a lot of people need to see this information.

Sheila   butterfly FOMO kicked in back then. Never since then. Bird in the hand much better.

Sheila   butterfly This information actually was stated by MarkZ this morning and on Nick Fleming's 1/19/2022 post on his blog.

Zig   FOMO = Fear of Missing Out....if anyone does not know...

butterfly   sheila good!

Sheila   Zig Bought up Zim about 6 years ago. Long before gurus got on the bandwagon. Heard about Zim from retired banker friend. So far they have been way ahead of all current "rumtel". Think I will stick with any tidbits I get from them.

Zig   I suggest making sure first that the person to whom you wish to send a PM is in the room before sending it....only way it will be seen.....

Zig  Let's say I am in the room and about to click on a link here and leave for 30 seconds....when I return the PM will not be visible to me.....

Sheila   Zig otay buckwheat,,, lol

Zig   The Sterling Currency Case discussed above....scroll up.....

Gerry   Good morning all. Watching with fascination what happening. Trying to learn all I can

Zig    Readers: Don't just look at the most current posts as lots of news is posted by butterfly throughout the day.....

Zig   sheila : Have you been writing at all?

butterfly   The Central Bank announces an unprecedented growth in its foreign reserves

Wednesday 19 January 2022 The Central Bank of Iraq announced that its data for the year 2021 showed an unprecedented growth in its foreign reserves compared to previous years.

And the bank’s management confirmed, in a press statement today, Wednesday, that “that growth was achieved thanks to its diversified investments and its management in accordance with monetary policy based on best international practices away from risks.” The Central Bank of Iraq announced that its data for the year 2021 showed an unprecedented growth in its foreign reserves compared to previous years.

And the bank’s management confirmed, in a press statement today, Wednesday, that “that growth was achieved thanks to its diversified investments and its management in accordance with monetary policy based on best international practices away from risks.”

butterfly   https://ninanews.com/Website/News/Details?key=951553

Gerry   Question: Is is still possible at this point in the game to purchase Iraqi dinar and Vietnamese Dong? I would think with the football about to be kicked off, it might be getting close to deadline time for that. This from someone who still feeling his way through this.

Zig   Gerry : Of course....currencies are bought and sold every day....As for anything about to be "kicked off", etc....we just have no idea about that....all we can do is wait  -- :Waiting: and hope that "something" happens to benefit our speculations eventually....

Gerry   Zig Thanks Zig. Will look into that.

butterfly   Gerry check out silvergreetings.com. That is where I bought my currency.

Gerry   Zig I did see an exchange rate for the dinar that had it at 1440 about a week ago. An

Gerry   butterfly Thanks butterfly. I will check it out.

Zig  We have to be careful in here not to give investment advice....we are mainly a group of people who have already speculated on currencies so have that in common.....make your own decisions and don't base them on any wild projections and predictions you see in this community.....

Zig   I admit to jumping into this blindly after getting 2 emails from people I knew online, advising me to hurry up and buy or I would miss getting filthy rich overnight.....lol....that is the most stupid way to invest....

Zig   :Think: I wonder if I would have bought into this if I had investigated it thoroughly beforehand  :Don't know: and that's the most honest answer I can give you....

Dave   butterfly It does seem that Sadr may now have the support they require to oust those CORRUPTORS ?

Dave   Both barrels loaded......

butterfly   Dave I thought you would enjoy that one about Maliki.

Dave   I see no RV with those scoundrels in power

Dave   postponed and delay......

butterfly   I still am positive about how the corruption is being cleaned up. We get the news a few days late, but what we hae been seeing, it looks "real" positive.

Dave   Abadi Mahdi the current dude ALL tried........No support

butterfly   There are too many investors, not like before, are watching and they ain't gonna invest if they see corruption.

Dave   The Iraqi citizens see it all now too

butterfly   Bingo.....and they are getting out of that "dictatorship" mindset.

Dave   SLC/DAWAs loosing it big time

butterfly   I can't remember the number of cell phones in Iraq, I should have posted that article, but lordy the number blew me away.....seeing what is happening outside of their dictatorship.

Dave   Doubt Maliki goes down willingly.....prolly will get fugly

Dave   From the TOP DOWN......I like it!

Dave  Heard fer years WHERE DID YOU GET THAT?

Dave   interesting how silent maliki has been in the face of all these allegations of corruption, he is the newly elected leader of his party

butterfly   Iraq: Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-Maliki

- 1 Minute Has Passed Yesterday, Thursday, political sources in the Shiite "coordinating framework" revealed new understandings with the leader of the Sadrist movement, Muqtada al-Sadr, to unite the Shiite house in the negotiations to form the new government, and to choose the president of the republic, noting the "framework"'s rejection of the renewal of the current prime minister, Mustafa Al-Kazemi. , for a second term, amid a gathering of dozens in Al-Nusour Square in Baghdad, to demand the trial of the leader of the “State of Law” coalition, Nuri al-Maliki, for causing the “fall” of a number of cities to the hands of the “Islamic State” organization, and also to express their refusal to extend the mandate of the three presidencies.

Local news websites transmitted pictures of protesters who carried banners denouncing the attempts to renew the mandate of the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kazemi, denouncing the remaining Muhammad Al-Halbousi, the leader of the "Progress" coalition, as Speaker of the Iraqi Parliament.

The demonstrators also carried banners accusing the leaders of the "framework" of financial corruption, while also calling for al-Maliki to be tried "publicly".

The demonstrators renewed their demands to eliminate financial and administrative corruption, stressing the need to remove the dissolved Baath Party from assuming power again in the country.

butterfly   The banners included slogans (the government that does not try al-Maliki, the leader of the framework for handing over cities to the terrorist ISIS, we will not allow it to stay), as well as (the leader of the framework is wanted for the Iraqis) with a picture of al-Maliki marked with a public trial.

Among the slogans raised by the protesters (No renewal, no extension), accompanied by pictures of Saleh, Al-Kazemi and Al-Halbousi, bearing an (X), as well as other phrases that included (No to Al-Halbousi. No to renewal for the corrupt. No to the return of the criminal Baath).

A group calling itself "Iraqi Protesters" had earlier called for a demonstration in Baghdad under the title "Khamis - the tempted is not tempted."

Meanwhile, the forces of the “Coordination Framework” met, yesterday evening, at Al-Maliki’s house, to discuss a number of files, most notably the Federal Court’s decision to postpone the decision on the case against the legitimacy of the first session of the House of Representatives.

Hisham Al-Rikabi, director of Al-Maliki’s office, said in a statement, “A meeting of the coordination framework took place in Al-Maliki’s office, and it is not true that Prime Minister Mustafa Al-Kazemi attended the meeting,” after rumors circulated about that.

On the other hand, a member of the Coordination Framework, Aref Al-Hamami, confirmed that there is a very close breakthrough with the unification of the “framework” and the “current,” and the entry in one bloc to the parliament, while he renewed his refusal to renew Al-Kazemi.

Arab Jerusalem https://rawabetcenter.com/archives/141310

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