IQD Calls Chat Early Friday 8-30-19 Part 1 of 2

 IQD Calls Chat Early Friday 8-30-19 Part 1 of 2

Doug_W Silver:$18.52

larrykn   Good Morning everyone

larrykn   Iraq slams Bahrain statement on paramilitary base attacks https://www.thebaghdadpost.com/en/Story/43832/Iraq-slams-Bahrain-statement-on-paramilitary-base-attacks

larrykn   Gold moves towards its biggest monthly gain in 3 years

Economy News _ Baghdad   Gold rose slightly on Friday, heading for its biggest monthly gain in more than three years as bets on safe havens strengthened, amid concerns over slowing global growth and hopes of a cut in interest rates by central banks around the world.

At 0637 GMT, the spot price of gold was up 0.2 percent to $1,530.60 an ounce, heading for gains of more than eight percent for the month, the largest since June 2016.

According to Reuters, U.S. gold futures climbed 0.3 percent to $1,540.80.

"This is just a technical recovery," said Vandana Bharti, associate vice president of commodity market research at SMC Comtrade. People look to gold as a truly safe haven... They use every downturn as a buying opportunity."

Silver rose 0.8 percent in spot trading to $18.39 an ounce, after last Thursday's peak since April 2017. The metal is on its biggest monthly gain since June 2016.

Platinum climbed 1 percent to $925 an ounce, after touching its highest level since April 2018 in the previous session. The metal has been up more than seven percent since the beginning of this month and is heading for its biggest monthly gain since January 2018.

Palladium is up 0.9 percent to $1,487.15 an ounce, but is falling for the second month in a row. http://economy-news.net/content.php?id=17606

chattels   sandyf The reason I asked is that you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)

larrykn   Baghdad-Kirkuk road cut off for this reason   Political | 01:03 - 30/08/2019

The government's ability to manage the country's security and security, as well

Mawazine News, a reporter / Mawazine News, Friday, cut off the road Baghdad - Kirkuk, temporarily.

"The Baghdad-Kirkuk road has been temporarily cut off to go and diverted on the Lilan road for three days," our correspondent said.

"The cut came to pull out a new 400 K.V. power line to improve Kirkuk's electricity," he said. https://www.mawazin.net/Details.aspx?jimare=62637   

larrykn   chattels I don't think that is right chattlels

chattels   larrykn What is right ?

larrykn   but then people are talking about a lop, I don't see that either, they have told us in articles that they weren't going to lop,then again they do lie.

larrykn   what you said above about Sandyf

chattels  infra above ...................... " sandyf@chattels sandyf Is the following an accurate quote from you ? " In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power."

Yes that is what I posted. The point being that the monetary unit(Dinar) and the currency are 2 separate entities, the monetary unit comes under the government and the currency the CBI. The end result of any redenomination is to revalue the monetary unit."

chattels   " 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD "

chattels   " Yes that is what I posted."

larrykn   so your agreeing with him?

chattels   I am quoting and re-quoting from sandyf himself.

chattels   larrykn No, just trying to confirm whether he said it.

larrykn   I read that the other day, but I'm not sure that is what is going to happen, even though if you remember that article from BGG back in 2013 were it was talking about testing the rates at between $113 to $122

chattels   larrykn Frankly, after all these years I have no idea what is meant by deletion of the zeroes and I wonder whether anyone does know for sure.

larrykn   I agree there are many ways for that to happen IMO

chattels   I simply hope that some day the currency that I have will be worth substantially more than it is. I care little about how it happens.

larrykn   me too :)

chattels   Not much time this morning. Have a fine day all.

Tex   still haging onta that dime huh lol

 Baxter   WELL.. I finally bought me a place in florida... Now if the hurricane will leave it alone...Im all set for winter

Matt SKELFLA    What do you think? ever gonna happen

SKELFLA   Personally, from what I know first hand there is definitely a covert play ongoing by certain institutions involving the IQD whether that translates into the average speculator making a return is something else. I just don't know.

JoeSchmoe   I don't see how they could just let all us speculators/investors believe and keep buying more of this thing, and not tell us we won't make out, if that in fact is a fact.

JoeSchmoe   for 10-16 years people have been invested in this, are they just going to all of a sudden, at the end, tell everyone they are screwed?

SKELFLA   JoeSchmoe that's life.. Most things of this magnitude never roll down to the average Joe.

JoeSchmoe   well it looks like we will at least find out soon

SKELFLA   JoeSchmoe Until a bonafide economist can tell me how Iraq could back a meaningful RV with more than 42trillion IQD in existence I will sit firmly on the fence.

JoeSchmoe   how much of that 42 trillion is in country

SKELFLA   JoeSchmoe Yes that's for sure.

SKELFLA   JoeSchmoe Hard to say.... But a reasonable guess and from I have been able to find out is about 80%

JoeSchmoe   well a dinar will always be worth a dinar, no matter what the outside exchange rate is

JoeSchmoe   their price on goods will increase with the rate

JoeSchmoe   so do the math, cuz it's too early to do it here, lol. What is 20% of 42 trillion

JoeSchmoe   figure that out, and if that is in fact the figure, then that is what they will have to cover

JoeSchmoe   not the full 42 trillion

JoeSchmoe   or maybe I am still sleeping....

SKELFLA   JoeSchmoe Personally my believe is certain institutions are amassing Dinar to use as the basis of a new derivative for trade along China's One Belt One Road initiative... A type of reserve currency they can structure as a foundation. Whether than translates into profits for the average speculator only time will tell

future   Iraq doesnt care whats outside their country borders

future   al that maters is inside their country they dont give a sh** i we become rich or not

SKELFLA   JoeSchmoe I don't think it works like that lol

JoeSchmoe   I'm just trying to banter the idea people throw out there of this can't happen cuz of the amount in circulation. If, in fact, it is only 20% of that 42 trillion, thenn that is the amout they would have to cover. Not the full 42

future   Iraq cares about their own citizens and purchasing power

future   we happen to own their currency when we convert our dinar into usd

SKELFLA   No I'm saying 80% and its just a guess ... Is inside iraq

future   b*

SKELFLA   future I wouldn't say b*... IMF have some pretty solid estimates ...and if you go by their numbers its well over 42t

future   inflated old numbers

future   if their was 42 trillion dinar in country that means the cbi hasnt been doing their jobs for years

SKELFLA   No IMF numbers are recent...in fact they have come down but they are projecting it to exceed 50t in 2020

SKELFLA   future The note count was much higher justba few years ago 70t plus

future   and u believe that crap?

JoeSchmoe   it's too early to think about all this

future   funny how most iraqis are poor who hoarding al those trillions?

SKELFLA   future Yes because the IMF wouldn't release estimates that weren't in their opinion factual.

future   ok buddy u keep beliving them inflated numbers

SKELFLA   future Well that's a combination of factors their bidding projects are so corrupt that trillions get siphoned off for the most mundane projects.

SKELFLA   future Fair enough...

Zig   SKELFLA : You sure have added pep to this chat room!..... :T-Y:

SKELFLA   Zig Hi ZIG

SKELFLA   Zig And I am not Kap! Lol I sent some of my credentials to Baxter...

JoeSchmoe   SKELFLA Do you own any dinar, and are waiting for something to happen in our favor?

SKELFLA   JoeSchmoe good question. Its not an easy one to answer. I don't personally hold Dinar. But I am involved in large Dinar transactions of which I benefit from.. I hope that answers your question.

JoeSchmoe   SKELFLA heres another one then....are you trying to dissuade us from this thing/

future   hmm thought so

Tebow   future Gurus got to love them! LOL

SKELFLA   JoeSchmoe My involvement doesn't require an RV for me to benefit. But I am obviously interested.

JoeSchmoe   SKELFLA what is your purpose in here? Is it to convince us that this won't happen, or are you trying to find info to believe that it will?

SKELFLA   JoeSchmoe Not at all ! I'm been very clear on my position.

JoeSchmoe   which is?

JoeSchmoe   I guess i did not catch it cuz got in late

 spankie  not negative news- fact that there are large purchases says something is up

SKELFLA   JoeSchmoe Read what I have posted. I think I have been VERY clear...

Tebow   Sam Iam

JoeSchmoe   spankie we will at least find out one way or the other hopefull soon

SKELFLA   spankie Exactly ! Whether that translates into the average speculator making a return is yet to be seen. I'm on the fence.

JoeSchmoe  spankie and "IF" what has been said about 000 and ld's coinciding for 10 years, then we can at least get our money back, or most of it, if this doesn't go in our favor

JoeSchmoe  so tell me who would sell back just because of this

Tebow   no one

30 Aug 19, 08:57 AM spankie   SKELFLA u sound like a currency broker for theses large purchases

JoeSchmoe   your fate is the same

JoeSchmoe   so until the cbi or us gov tells me that I won't make out, and I have to sell my currency back now or lose everything, I stand hard

Tebow   spankie Sam Iam talk

 SKELFLA   spankie no not a currency broker!

spankie   thx

Tebow   xyz bright

JoeSchmoe   whoever skefla gave his info to, I know Sam's real name. Won't say it in here again

Tebow   guru

SKELFLA   JoeSchmoe lol I'm a not sam..

JoeSchmoe   not saying you are. Just putting that out there for people who think you are

Tebow   bingo

spankie   skelfa is a different name- where r u from

JoeSchmoe   So whomever he gave his supposedly real info to, if his first name doesn't begin with an "R", then it's not sam

JoeSchmoe   surf check. aloha

SKELFLA   JoeSchmoe ?? Why would my first name need to begin with R?

SKELFLA   spankie I don't know what you mean.... Baxter has some of my credentials and I'm happy to provide more. Which will put to rest any doubts ...

SKELFLA   JoeSchmoe Lol I misread it... You were referring to sam..

SKELFLA   Tebow oh Tebow! You really have zero substance to any of your statements ! How can I be a guru? I've been very clear on my stance.

Young_SC   SKELFLA lolol@ more conference calls happening

Young_SC   SKELFLA to talk about what?

SKELFLA Young_SC    I have scheduled calls twice a week ... They are not b* guru calls they a private calls involving my business

Young_SC   What business is that?

Young_SC   Im curious to know

SKELFLA   Range of things ...namely crude and of course IQD

Young_SC   Lol ok

SKELFLA   Baxter has my credentials I'm sure he's attempting to verify them now.

SKELFLA   Young_SC What do you do?

Matt   SKELFLA Thank You

SKELFLA   Matt For what ?

AM Matt   being here

SKELFLA   Matt Lol OK.

Zig   SKELFLA : Curious as to how you discovered this chat room.....

SKELFLA   Zig trying to remember... I was trying to find someone who wasn't a guru who was knowledgeable and not FOS and came across this chat room in my search.

SKELFLA   I specifically wanted someone to give a reasonable answer to how they could RV with their significant money supply. A sound theory.

SKELFLA   Because these institutions are not in the habit of losing money..

foxmulder   SKELFLA I'm sure through out the yrs you have read , what the intentions of the CBI are ? Correct

foxmulder   When statements made saying they want to make the dinar strong against the dollar, what does that imply to you ?

SKELFLA   foxmulder Yes, and I have met on several occasions with CBI officials.. There is a disconnect to what the public reads and what the CBI can and will do.

SKELFLA   foxmulder Its not as clear cut as that.

https://www.iqdcalls.com/chat/

IQD Calls Chat Late Thursday Night 8-29-19

IQD Calls Chat Late Thursday Night 8-29-19

Wilder   Change of subject here. Wife and I got called from the bank to come in and sign sone forms. Fdic mandatory updates on accounts. He told us some changes were coming and have to get updated. Maybe routine. First time ever for us.

Wilder   Not like we have much money   Fifth Third

Sparky   Wilder ... I got a letter from IRS... wasn't a birthday card...

Wilder   Nixe. Should i be jealous?

Sparky   Wilder ...nope...

Dave   Kap a seasoned researcher.....??? in his opinion

Dave   Kap makes his predictions......Dave   my turn.....

Dave   10 yrs of kAP......NO CHANGE

Dave   BASES EVERYTHING ON RUSSIA TURKEY MEXICO.......THATS WHAT THEY DID

Dave   MANY of us old timers got into this because Iraq was gonna Lop.....LOLOLOl

foxmulder   Dave said it earlier. , wow that's really strengthening the dinar against the dollar LOL

Sparky   Dave not I, thought I'd be rich 8 years ago...

foxmulder   I am hoping for a modest return at best .

Wilder   http://www.iraqidinar123.com/revaluation-iraqi-dinar-far-kaperoni/ old article.. Nothing personal kap. Things and times change

 Sparky   foxmulder ... reasonable thinking...

Dave   CBI has mentioned that they wish to have currency competitive with its neighbours

foxmulder   Dave exactly

Sparky   Dave ...Shab's said strongest of ME..or, some such wording...

Dave  Sparky same with Alak

Dave   staying current

Sparky   Dave ... timeline is unknown...

Dave   Sparky CBI will know when ready

Wilder   What does Kuwait have to offer other than oil? Is oil the only thing they have for the rate of their currency?

Sparky   Dave ...truth...

Dave   Sparky Kaps truth.....LOL

Dave   Look at the UAE

Dave   Was there when it was nothing

Dave   oil sure did good for them too

Dave   and camel sales?

Sparky   Dave ... amount of IQD...differs from Kuwait, or UAE...

Dave   Sparky ACCORDING to you and Kap only!

Sparky   Dave ... I watched the video you brought in...time elapse ... good stuff...

Dave   Kap invented this note count stuff

Sparky   Dave UAE...

Dave   all on oil

Sparky   Dave ... didn't I read 72 trillion, 2020 budget projection.?...

Dave   Sparky did you read all those hard currency auctions that CBI has been doing almost daily for the last yr and a half

Dave   6o billion usd ....aint bad   use some to fix all that which yet remains still broken

Sparky   Dave ...if it doesn't go missing...

Dave   Sparky they are good at that

Dave   called immunity

sandyf   @chattels sandyf Is the following an accurate quote from you ? " In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power."

Sandyf     Yes that is what I posted. The point being that the monetary unit(Dinar) and the currency are 2 separate entities, the monetary unit comes under the government and the currency the CBI. The end result of any redenomination is to revalue the monetary unit.

sandyf   @Zig FROM KAPERONI....Continued......A re-denominate (LOP) which parliament wants to do is still possible,

This is a significant deviation from the facts. There appears to be some confusion between parliament and the executive, there has never been a Bill go before parliament so no one has any idea of what parliament wants. The executive however has continually postponed the redenomination, hardly a sign it is what they want.

  Wilder   Don't think i can take another 14 yrs of this

Sparky   Wilder buck up, you can do it !

Sparky   Wilder ... Baxter's dime is on the line !

Wilder  If it goes on that far. Come dig me up. I'll have the dinar in there with me.

Sparky   Wilder ...good one...too funny...rotflol...

foxmulder   Wilder LOL. Now that's funny

foxmulder   Wilder 13 yrs for me ...time has just flew by

Wilder   It has. Grandkids are driving now. Time needs to slow down.

foxmulder   Wilder sure was hoping to see something positive occur with iraqs due

foxmulder   Currency *

Wilder   What was the dinar site back in the day when Ranger was around?

Wilder   Then i was on one called. One dinar to rule them all

foxmulder  Wilder planet dinar ?? Steve's site ?? Not sure

Wilder  Wasn't them . been too long

foxmulder   Wilder I'm not sure... I wasn't even on any sites for yrs when I was first buying

Wilder   Lucky you

foxmulder   Wilder I cant remember the first site i was on to be honest ...

foxmulder  Dinar vets of course for about 2 days

Wilder   City of Fairfield next to where i live . 36 fireman retired because of Kuwait. Thats when tbe iqd talk started around here

foxmulder   Wilder was it the same site donny was on

foxmulder   Wilder there are days I wish I never heard of dinar

Wilder   Dont ring a bell. I remember a shotgun suzy. Xwoman. Duck. Rocky.

Wilder   foxmulder me too

foxmulder   Wilder dont recognize any of those names

Wilder   You.ever go to neno's.

foxmulder   Wilder no

Wilder   They dont allow rumors. Just news articles. Not been there in a while.

Wilder   Young_SC hey . i dont want to be critical of him. We all change. No one knows anything. We get tired and burnt out

Young_SC   Wilder 5 years ago he cried out RV now its a ohh no such thing as an RV its only a float Lmao lmao   Now its a float in which the CBI said no float whatsoever

Young_SC   Sparky like i said peg to the U S dollar it will go 1 to 1 and then RV shortly afterwards but hey you laughed at my logic so what do i know and who cares what i think

PM Sparky   Young_SC ... pretty weak...you are obviously fooled by recently ,rehashed articles...and don't understand Arabish...

Sparky   Young_SC in your case, I would recommend betting the farm...

Sparky   Young_SC ..hurry, hurry...bet all you got...sell the car too...

 Sparky   Young_SC ...get a grip on reality

Sparky   Dave ... we'll all have a good laugh, when, and if, this goes down...

Wilder   I'll be a full blown drunk.

Dave   he who laughs last laughs hardest

Sparky   Wilder ...lol...

Dave   just hold that place in line for me in reno

Sparky   Dave ... just remember, I'm saving you a spot in Reno...

Dave   thanx in advance

Sparky   Dave ...$28 dollars per IQD, last I heard...

Wilder   You give me 10 per now?

Wilder   You can keep the rest.

Dave   Wilder Wilder sparky is hoping for a lop

Sparky   Wilder ...$10 per mil, yup...

Wilder   That was the bong talking

Sparky   Wilder ...haha ha...you know it bro, I never let it go out...like the eternal flames if king ebekanezer...lol

Dave   Babylon Restored...CBI mentioned that too

Sparky   Dave ... breadbasket of the middle East...

Sparky   Dave Mesopotamia...

Dave   not long ago either

Wilder   Dave you think Iraq is the new babylon referred to in the bible?

Dave   how manyBabylons are there

Sparky   Wilder ... always been...

Wilder   I kind of thought maybe the u s would be

Wilder  The way the bible describes her.

Sparky   Wilder Saul to Paul, on the road to Damascus...

Portmagaland   Good evening all

Portmagaland   Do any of you know of the Guru Myladies saying we're it's going to lop?

Wilder   Not i

Portmagaland   She's spewing over on dinarguru.com

Wilder   Any proof or article stating such?

Sparky   Portmagaland she and nova were big on the silk road, several years ago...

Dave   Wilder Reallly.......asking a guru for proof...lol

Wilder   Well.

Portmagaland   I dont know where shes getting her info, but she stated some article quoting Ieaqi powers to be are calling for a lop.

Dave   deep subject

Wilder   See if she provides a link.   Call her out on it

Dave   would there be Gurus if they had no followers?

Portmagaland   There is something that worries me a bit. A number of different sources that aren't into the dinar are talking about all the U.S. 100s abroad and they're painting a bleak picture on the different actions our government will take on our dollars abroad. So, if our government does this to the other countries, then those of us holding foreign currencies might be assed out because when in Rome....

Portmagaland   This is something I am keeping an eye on

Dave   Portmagaland Those Cabal forces.......

Portmagaland   Dave Maybe, but I can help but believe if we dont honor our money abroad, why would Iraq or any country for that matter

Dave   Chinese Elders back at it

Dave   should hear more from BRICs soon....

Portmagaland   Sparky I gave up on sports, movies, music and just about all forms of entertainment because they've politicized everything for different social justice warrior causes. I no longer see the characters in the movie or the star athlete, I see the person who has a carbon footprint the size of small village, while telling us we cant eat meet because we're killing the earth and so on.

Wilder   Portmagaland you know. We cant allow ourelves to worry too much about the what ifs. I feel there are chnges coning that is going to test us. Not a thing i can do about it.

Portmagaland   I just prefer to take a hike in the mountains now, I listen to the jazz station that plays music from my great grandparents generation just so I dont have to hear another song by the almighty righteous musicians of today

Portmagaland   Anyways, I will continue to monitor the discussion about what our government will do about our dollars abroad as I feel it relates to what we have here.

Wilder   Find sonething good.

Portmagaland   Dave If Trump doesnt lock up the bad guys before 2020, then he is apart of them and it was all a show. We had Obama just buy a $14 million dollar 40 plus acre beachfront Mega mansion and he already owned a multi million dollar house in DC, not bad for someone, who went from community organizer, senator and president, a public servant his whole life. Then Comey walks today, then Paul Ryan moves back to DC. The other side wanted Trump to be tried for treason and no one on either side has gone down.

Portmagaland  It looks like we the people are going to get fleeced again

Dave   OUR faux news media here trashing Trump now

Portmagaland   Kind of like the dinar, we want closure, but closure is fleeting

Portmagaland   Dave Yep Faux news is owned by Disney, who produced Brittany Speay, Mylie Cyrus and all the other messed up role models our common core kids look up to, it's a great culture we've got

Portmagaland   I grew up watching ESPN, then Disney took that over and started making their sports caster push the lefty agenda

Sparky   Dave ...Old man take a look at my life, I'm a lot like you were...24 and there's so much more...

Portmagaland   You guys watch rethinkingthedollar

Portmagaland   It's a good youtube channel

Dave   Portmagaland need a dollar to think about it

Portmagaland   Sparky Therez a lot of stuff going down around 9/11 globally that should make things interesting. Boris Johnson got the Queen to freeze out parliament, so they can Brexit, what will that do to the markets?

Portmagaland  And dave

Sparky   Dave ... I'll sell a pack for 10 cents a denar

Portmagaland  Christine Laharde stepping down from IMF on 9/10

Sparky   Dave ... just to give my peeps a retainer...

Sparky   Portmagaland ... therefore, 9/11 ...new day for IMF...

Portmagaland   Wow, Peter Schiff just tweeted Trump admits he made up the Chinese phone call to affect stock market

Portmagaland   Sparky Yep

Portmagaland   Sparky I'm looking at the 5 day silver cart on yahoo and it seems confused as all heck

Portmagaland   Theres just no truth in this world, I guess Nicholson is right, se cant handle it apparently.

Portmagaland   We

Portmagaland   That's odd the one day chart for both gold n silver is not available

Portmagaland   On Yahoo   Says this chart is not available.

Sparky   Portmagaland ... interesting...

Sparky   Portmagaland ...trade war confusion...hard to tell immediate swing... could go either way...imo

Sparky   Portmagaland ...Fridays, usually take profit... maybe different...labor day weekend...or, trade war resolution...? Not sure...

Sparky   ...you decieve yourself... contradict yourself...and sound like you should reside in  an asylum.

https://www.iqdcalls.com/chat/

IQD Calls Chat With Kaperoni Thursday Eve 8-29-19

IQD Calls Chat With Kaperoni Thursday Eve 8-29-19

Zig   FROM KAPERONI.......I have commented several times, I read everything... I know what the CBI says. I know what the IMF and World Bank say..i read it all. Dave does not want to accept reality. That there is no chance for a RV/RI, too much money. And his claim the CBI stated "no float" is ridiculous.

What they said was "no float" when questioned about it at the time of the interview..which was a year ago. Did they float? No. But that does not mean they will not float. In fact, I can find 2-4 articles over the last few years where the CBI talked about floating and never took action. Why? Because they are not ready yet.

Dave needs to understand this is a process. And the process is complicated building a banking system, funding it, creating a sound monetary policy so citizens and investors have confidence, creating the conditions for investment (laws, insurance, etc) and building a market economy offering investments and projects in all fields. This takes years! I assure you, when the time is right, the CBI will float the dinar. They have to!

Zig   FROM KAPERONI....Continued.......As investors/investment comes into Iraq and capital flows through the banking system it will create pressure/inflation. Inflationary pressure is resolved by floating the currency. This is a fact.

This is what the IMF was talking about when it told them to create the conditions to allow a gradual appreciation of the currency. The Balassa-Samuelson effect! The good news is it looks like they are trying to force the launch of all this next year with the increase of 72 trillion dinar in the budget.

They do not have this money and are expecting it to come from international investment. This could be successful or be very messy next year wiping out 80% of the reserves. There are only a few options for the CBI, A significant RV/RI isn't one of them.

A re-denominate (LOP) which parliament wants to do is still possible, or follow the directive for successful emerging markets (which Iraq is) and float the currency like they were asked to do in 2013.

Go read my tweets from today as I quote the IMF directive to the CBI. Remember, in 2015 the IMF took over trusteeship of the CBI to fulfill reforms under previous Stand By Agreements and Article IV Consultations...... Kap

Kaperoni   Heres a great piece of news for ya... they're going to reprint the larger notes with new additional security features. So much for the RV LO

Kaperoni   https://n.annabaa.org/news40567

Kaperoni   He stressed that "the new editions of the Iraqi currency now includes new security additions such as transparencies, glossy and stamped, which is difficult for the most skilled counterfeiters to imitate, and that the coming months will see the replacement of the majority of large cash categories such as the category of 10 thousand and 25 thousand and 50 thousand new editions."

 foxmulder   Well you can throw that article in with all the others ! Along with the ones concerning the coins they are calling for

futuremoney   Kaperoni why are you happy about that?

Zig   I have stopped trying to figure this stuff out.....will just hold onto my Dinar and wait.....you can read all the articles you want, listen to a lot of opinions, etc...... but in the end we just have no idea how this will play out.......None....

Kaperoni   Future, I am happy in the sense of no RV because it is not possible. Like I said many times, with excess of 42 trillion dinar, no country could ever substantially RV their currency. I am tired of the guru nonsense.

Zig   Having said that, I have always thought a gradual appreciation made more sense.....

Kaperoni   That being said, if this article is true and they are reprinting the existing larger notes with more security feature, they expect them to be in circulation for a while. Which means either nothing is happening or supports a gradual rise/float as I have stated. So far, nothing has proven I am wrong.

futuremoney   Kaperoni the article that you was so happy about also voids your idea of a float...sounds to me ( by this article) that they are going to treat all 3 zero notes as they did the old 50 dinar note...turn it in at the old value or you get nothing. I was afraid of this as soon as that happened

Kaperoni   Future not true, it surely does not do that. It still includes it and does not rule out a gradual appreciation.

 Xyz   Zig a gradual appreciation of 1000% in seconds make sense to me too\

futuremoney   if they treat the 3 zeros like the old 50 dinar..nobody gets nothing..only their original investment

futuremoney   thus a true "deletion of the 3 zeros"

Kaperoni   Nobody who is a RV believer wants to admit that is not how monetary policy works..and any central bank would be foolish to RV since it circumvents ability for the CBI to make money.

xyz    Lira had 15% in seconds ---> Turkish Lira Flash Crashes, Plummets 15% In Seconds https://www.zerohedge.com/news/2019-08-25/turkish-lira-flash-crashes-plummets-15-seconds

Kaperoni   central banks make money buying/selling with commissions. A RV circumvents that ability.

Kaperoni   The whole idea of a RV is stupid

xyz   @Tebow would call that an rv

futuremoney   we will see

Zig   Kaperoni : The Gurus would never stray from saying it will RV because they would lose their followers fast.....they need the promise of instant riches to hold their audiences.....I would be happy just to make money from this no matter how it gained value......

Kaperoni   future, I do not understand your theory on the 50?

Kaperoni   yes Zig!

xyz   Kaperoni would you call Lira's 15% float or rv or dv

Kaperoni    xyz i dont follow many other currencies so I would have to look into it

Kaperoni   But I do know Russia and Egypt are two of the best performing currencies this year. Both about 7-10% range

xyz    Kaperoni this happened on Sun, 08/25/2019. I wonna hear your opinion

Zig   xyz : Can you really compare the Dinar with other currencies?

futuremoney   they gave people a month to redeem their 50 for another currency or they would hold collector currency..they can do the same to the 3 zero notes

Kaperoni   future, unlikely. different situations

Kaperoni   btw, Egypt went to a float a year or so ago. lol

futuremoney   Kaperoni how so?

futuremoney   got rid of the 50 within a month

Kaperoni   future, the 50 was discontinues because it was worth .05 cents and nobody used them. The larger 3 zero notes are in circulation and the primary notes for commerce. Their is a difference

futuremoney   no dif...they still got rid of a note in that fashon

Kaperoni   no, the CBI told of the 50 a year in advance. only once that year was up did the dinar dealers offer a 30 day exchange.

Kaperoni   more than likely because many people had purchased 50s and were complaining to dealers.

Kaperoni   I also believe the year notification was a IMF requirement.

Zig   Kaperoni : So do you plan on doing what you have been doing until SOMETHING happens or will you soon take a break???

xyz   Zig yes whyNot?

Kaperoni   Zig, im retired. this is what I do..for fun of course.

Zig   xyz : Not you....lol

xyz   currency is currency that got an iso code

Zig   Kaperoni : LOL....you call this fun???

Kaperoni   despite what some want to accuse me of, I never have made a dime on anything to do with the dinar.

 xyz   Kaperoni you owe me one

Kaperoni   Zig it can be fun, yes

Zig   Kaperoni : Hardly anyone will believe that....you know that.....

Kaperoni   Zig, since I don't own a website how would I make money?

Kaperoni   commenting that it wont RV? lol

xyz   Zig ;Thud

Zig   Kaperoni : By getting paid from the site owner.....lol

Kaperoni   Zig, the site owner is dead. He died 2-3 years ago

Zig   Okay....the current owner

Kaperoni   His son keeps it going for members who want to read our posts. lol

xyz   Zig If Kaperoni answer my question honestly, then I promise never to use :popcorn

Kaperoni   There are several who post on that site. They must all be making money then

Zig   LOL.....Right, Z.....

Zig   Kaperoni : Well you are the attraction.....THE STAR!!!!

Kaperoni   xyz what is the question?

Kaperoni   I post here zig, I must be getting paid

xyz    @Kaperoni would you call Lira's 15% float or rv or dv

Kaperoni   xyz, sorry cant answer. I know nothing about the Lira

xyz   Kaperoni assume it was IQD

Kaperoni   I dont assume anything

Zig   A 15% increase in the IQD would be peanuts.....lol

Kaperoni   Zig, not really, it would be the top producing currency

PM Zig   In terms of us making money.....

xyz   Kaperoni would you call dinar 1000% change in seconds float or rv?

Kaperoni   If they float, it could take months or even years to get to something that we would accept.

Kaperoni   xyz, I would call that a RV

Zig   would go to 1011.....from 1190.......

xyz   Yes Kaperoni is an RV believer not a float .... I knew it ... I knew it

Kaperoni   couple years maybe a .25 quarter

Zig   xyz : LOL....you are really something.....

Kaperoni   but how fast is directly related to the investment and pressure created on the financial system in Iraq.

xyz   Zig making the record straight. Its the % that matters - whether to call it a float or RV

Kaperoni   that is what the Balassa-Samuelson effect is

xyz   Kaperoni now you are good with Z

xyz   Kaperoni you should visit us more often

Zig   xyz : Semantics.....lol.....who cares what it is called.....JEJEJE....... :na;

Kaperoni   Iraq would be foolish to raise the value without any benefit. They want to rebuild and want foreign investment. The more money that comes to Iraq, the greater the chance they will allow the dinar to appreciate.

xyz   Zig nope not sematics ---- float vs RV has gone for yrs. Today Z know the difference

Zig   xyz : "you should visit us more often"............ ;Thud

Kaperoni   well Zig, I had my fun..need to go back to bashing gurus on Twitter. lol

xyz   Kaperoni assume Iraq is foolish as they have demonstrated in the past and raise the value aka RV

Kaperoni   have a good day

Zig   Kaperoni : Doing another call soon??

Kaperoni   later

Zig   Bye

Kaperoni   we do calls when there is stuff to talk about

Kaperoni   not enough yet

Kaperoni   later

xyz   Kaperoni you can talk about the breaking news

Zig   Kaperoni mainly hangs out at https://dinaralert.webs.com/

xyz'   happy-dance

Kaperoni   I will say this..

Zig    You can find his tweets and conference call recordings at https://www.iqdcalls.com/kaperoni.html

Kaperoni   if the gurus knew anything they would have told us that the cabinet was almost completed

Kaperoni   it was announced yesterday on the UNSC webcast

xyz   Kaperoni well @Tebow call you a guru haha

Kaperoni   all postions are filled except for Minister of Education.

Zig   xyz : Most people call Kap a Guru......

Zig   Comes with the territory.....lol

xyz   Zig he is pretending not to be a guru

Kaperoni   I dont mind at least I know what I am talking about

Zig   We lump them all together.....lol

Kaperoni   Ok later.

Young_SC   Kaperoni you forget to add in the topic of purchasing power for its citizens

Baxter   DOES that mean it will be years for my dime

Dave   The Balassa-Samuelson effect! Does that mean break out the wheel barrows and 1000 coins for that coke? <@5203486|Zig?

 Dave   that would not be hyper inflationary?

 Dave   stuck on note count........??????

Young_SC   Dont bother Dave

Dave   Glad Kap reads everything......but favors his opinions over CBI

Young_SC   Iraq does not have the money so they will rely on foreign investments lolol

Young_SC   What???

Dave   kap sent some arabic link......makes sense to him...I do not read Arabic

Tebow   FROM KAPERONI - ''CBI stated "no float" is ridiculous'. Seems Kaperoni does not want to accept reality!!!! Kap - What they said was "no float" when questioned about it at the time of the interview..which was a year ago. Much better than old articles years in the past you reference! KAPERONI - As investors/investment comes into Iraq and capital flows through the banking system it will create pressure/inflation. Inflationary pressure is resolved by floating the currency. This is a fact'. No it's not a fact because you said so!.

Dave   Global at the nominal rate......and floating ........Never words from CBI......Still await Kaps PROOF on that......

Tebow   Dave We are awaiting for a lot of proof!

https://www.iqdcalls.com/chat/

IQD Calls Chat Early Thursday 8-29-19

IQD CALLS CHAT   Early Thursday  8-29-19  

 sandyf   @SKELFLA I went to school with them in the 80s in Sharjah during the Iran/Iraq war.

I was stationed at Sharjah during 1970. The currency at the time was the Qatar & Dubai Riyal and when I cleared my flat a few years back I found a couple of old notes. I got £800 from a dealer for notes that would have been worth less than 10p, not a bad return.

Interesting point you made about the transactions. I have been in this since 2004 and have not paid a great deal of attention to IQD movements in recent years.

Over the years the Iraqi government has come up with various reasons why the redenomination has not gone forward but one fairly significant problem has never been mentioned. Iraq is quite unique in respect of the percentage of its currency outside the country.

In the event of a redenomination the IQD would become an ISO historical code and no longer have an internationally recognised value and to proceed with a redenomination under these circumstances could have severe repercussions on Iraq.

If for some reason significant funds became available it may be seen as prudent option to create a redemption initiative for IQD outside of Iraq and remove that currency from circulation, removing a massive millstone from around the neck of Iraq. The knock on effect would be a significant rise in the value of the currency within Iraq.

It is very easy for Joe Public to get misled but as you suggest, financial institutions are a different ballgame, and one can only hope.

chattels   sandyf Is the following an accurate quote from you ? " In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power."

chattels   I posted yesterday about the early budget planning numbers., .................. " the preliminary estimate by the Finance Ministry is that the 2020 deficit will be an eye-popping 72 trillion IQD/$61 billion. That's almost a third of the country's entire GDP." https://twitter.com/UticaRisk/status/1166809127697506305

chattels   " .........that's the starting point. It comes from the fact that parliament inflated last year's budget, demanding an end to "austerity," but then oil $ just kept falling. This is the main reason few large-scale projects are progressing: there is no money."

chattels   ".........in case you are new to this, the reason there's no money is bc operational expenses for 2019 were set so high that they have absorbed all the income, despite strong oil export figures. MPs rip the govt for frozen projects but it was they who demanded a bigger budget last fall."

chattels   " Iraq will not actually borrow near $61Bn next year for sure. But that figure is important b/c it shows the vast gap b/n what Iraqi politicos want to spend & the amount of money they have."

chattels" It is never too early to start worring about Iraq's 2020 budget crisis. It is coming sooner than you may think."

chattels   " ............... a great many Iraqi MPs know next to nothing about fiscal policy in general or Iraq's specifics."

chattels   https://twitter.com/UticaRisk

chattels   Nothing is certain in Iraq, but it is certain what we will hear about Iraq from the Gurus in the next budget is that the new rate is in the budget. A tired false narrative.

chattels   Abdul-Mahdi discusses plans to promote the Iraqi economy with the World Bank's regional director / expanded

Wednesday 28 August 21:28 https://ninanews.com/Website/News/Details?key=784235

chattels   BAGHDAD / NINA / Prime Minister Adel Abdul Mahdi discussed with the World Bank's regional director for the Middle East Saroj Kumar the government's vision for the future of the Iraqi economy and its plans to promote non-oil producing sectors and diversify sources of income and ways of cooperation in this area.

chatte   lsIraq is always talking about diversification and investment. Talk with little action.

chattels   IRAQ IS A " TAKER " AND i AM AFRAID THEY WILL BE FOR SOME TIME A " DONEE NATION ".

chattels   Rouhani calls on his country's highest authorities not to interfere in the affairs of his government

Wednesday 28 August 19:41 2019 https://ninanews.com/Website/News/Details?key=784211

chattels   INTERESTING ARTICLE .https://www.iqdcalls.com/chat/

foxmulderchattels I just read that article interesting for sure . your thoughts ?

PMfoxmulderso goes Islamic Ideology ,theocracy true to form

chattels   foxmulder Cracks in the wall ?

chattels   Division in the ranks ?

Chattels   The rise of secular government ?

chattels   Wednesday, August 28, 2019  U.S. Report On Islamic State’s Rebuilding Effort In Iraq And Syria

http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html

chattels   Pentagon believes 14,000-18,000 IS fighters left in Iraq & Syria Carrying out 3 types of ops Working rural/desert areas Targeting Sunnis working with the govt Hit & run attacks

http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html   …

chattels   IS focusing upon rebuilding finances through legal-illegal businesses like extortion & kidnapping Decentralized command & told cadres must raise own funds

http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  …

chattels   IS more concerned with forcing people out of rural areas in Iraq to gain control of territory to provide safe havens & rebuild cadres http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   IS carrying out targeted assassinations in Iraq vs officials and mukhtars to try to show it can eliminate opponents http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-

chattels   IS using tribal & family connections to find new recruits More commanders in Iraq Better logistics http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   IS looking to protect leadership Gain control of rural areas Restore cadres & train them Could explain why attacks so low in Iraq http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   Iraqi forces conduct hundreds of security sweeps but incapable of holding territory cleared Allows IS to move out when Iraqi forces move in & then return after ops finished http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   Is lack of coordination between different Iraqi security forces and Peshmerga offering plenty of holes in security that IS exploiting http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   Poor maintenance by Iraqis means majority of drones out of service and 50% drop in planes operating as well http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   Iraqi forces use drones mostly to watch own forces rather than look for IS Iraqi intel agencies dont share info with each other Not enough intel officers http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  

chattels   Inability of Iraqi forces to hold territory Lack of cooperation Cut in US intel all offering more opportunities for IS in Iraq http://musingsoniraq.blogspot.com/2019/08/us-report-on-islamic-states-rebuilding.html  …

chattels   https://twitter.com/JoelWing2

Zig   @Dave: Kaperoni answered me regarding your comment about the CBI stuff, etc....it is a long reply.....I will wait until I see you in chat before posting it.....see you later...... :)

Spankie   the skelfa person stating large purchases of dinar at higher buying price -- hmm- wonder if a dinar pumper

Baxter   8-29-2019 Newshound/Intel Guru Mnt Goat Article: "RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS" ...here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament to re-mint the coins and reintroduce them. Its now DONE as they just told us in this article. ;ice-cream;

spankie   lot of talk of new coins coming - will need a change in value for that---

spankie   picture a wheel barrow of coins to go shopping at the market

Baxter    ONLY COIN WE NEED..  dime

Baxter   50,000 pounds of Dimes... equals One Million Dollars.... or... One Semi Load..... I want to see 20 Semi's parked in front of Baxters House..

spankie   u must have alot of deenar Baxter

Baxter   I have enough... LOL

spankie   me too-- just hopin it will happen soon w all this coin talk

Baxter   so do I... so do I

SKELFLA   spankie not a pumper! As I stated I believe it has nothing to do with a "RV"

Baxter   SKELFLA.... any new words from Iraq

Tebow   Baxter where you storing all those dimes?

Baxter   Im not storing them anywhere.. I dont have them

SKELFLA   Hi Baxter... I have conference calls every Tuesday & Friday. So I will be speaking to them tomorrow.

Tebow   Wonder if the bank will make you roll them lol

spankie   u can buy here in usa all day long at $1000 PER MIL IQD

Baxter   SKELFLA good.... ask them what the hell is going on over there

SKELFLA   Much as the same I suspect. Lol

Baxter   If you can understand arabic... why dont you listen to some of their tv broadcasts... I WOULD love to hear what they are actually saying..

SKELFLA   spankie Different deal...in that the institutions involved are very specific on what they require plus the currency must be cleared direct with the CBI

spankie   SOUNDS GREAT WE ALL NEED SOME POSITIVE NEWS HERE

Baxte   rList of channels in Iraq:   Al Iraqiya, the government-financed television station

Al Sharqiya, Iraq's first privately owned satellite TV station

Al Sumaria, an independent Iraqi satellite TV network

Nawa TV, an Iraqi TV station broadcasting in Arabic and Kurdish

Al-Baghdadia TV, Arab nationalist channel which opposed the occupation, the insurgency and dictatorship. The owner's family were heavily abused during Saddam Hussain's reign

Al Forat, the SIIC TV station

Ashur TV   Biladi   Baghdad TV   Al-Ifaq TV, channel of Nuri al-Maliki   Al-Rasheed TV   Ahlulbayt TV

Al Masar   Al Fayha   Ishtar TV, an Assyrian & Chaldean TV station   http://wwitv.com/television/101.htm

Baxter   theres a list of tv stations

SKELFLA   Baxter I don't know about you Baxter but I have better things to do than listen to news reports from Iraq! You can always check in with * frank26 and his supposed "contacts"

SKELFLA   Baxter All I know is for what ever reason there is a major play ongoing with the Dinar .... Which I would like to know ...why?

SKELFLA     Zig. I'm frustrated like all of us. But unlike most of these clowns at least I have direct involvement / knowledge of major transactions involving IQD. Which is a lot more than most. I too would be interested in knowing the reasoning behind these transactions.

Zig   SKELFLA : "I have direct involvement / knowledge of major transactions involving IQD.".............Can you prove that??

SKELFLA   Tebow No tebow... I actually called out Kap when he couldn't understand China's M1 money supply. Which showed up his lack of basic math. From the point on his theories lost a lot of weight with me

SKELFLA   Zig The transactions are ongoing and are scheduled to be completed by mid October...

Zig   No offense but anyone can come in here and say anything......but never offer any proof.......

SKELFLA   Zig I agree. Whatever man. Out.

Zig   Whitelions : You missed all the excitement!!!.....LOL.

Whitelions   Zig I love a good conversation too poo next time

Young_SC   Zig another person saying he has direct contact with People in Iraq 😂

Whitelions   Young_SC did he have proof?

Young_SC   Whitelions Nope   As usual    No posting of anything

larrykn   UN envoy warns Mideast tensions could deal huge blow to Iraq

https://www.thebaghdadpost.com/en/Story/43827/UN-envoy-warns-Mideast-tensions-could-deal-huge-blow-to-Iraq

Whitelions   larrykn thay what they wish would hapen because Iraq wont play ball with the us. The way they want

larrykn   Kuwait calls on countries participating in Iraq reconstruction conference to meet their commitments

Reconstruction and construction   Economy News _ Baghdad  Kuwait, the countries that participated in the Reconstruction conference in Iraq, which hosted Kuwait in February last year, called on the countries that participated in the reconstruction conference to meet their commitments.

Kuwait's permanent representative to the United Nations, Ambassador Mansour al-Otaibi, said during the Security Council session on Iraq, according to the official Kuwaiti news agency KUNA, that he "encouraged all countries that participated in the conference to fulfill their commitments," expressing his hope for "cooperation and coordination with "The Iraqi government has established a mechanism to follow up on the implementation of these commitments to contribute to the aspirations of Iraqis."

"Our bilateral relationship with the Republic of Iraq is witnessing continuous and positive developments, turning the page on that painful past and opening a new page of fruitful cooperation and translating this trend by resolving the remaining outstanding issues, there are determined steps taken by the leadership of both countries that embodied the concepts of brotherhood and neighborliness," al-Otaibi said.

"Bilateral visits are at the highest level, most notably the visit of emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah last June and the joint bilateral committees as an important indicator to strengthen that cooperation," he said.

"Since the demise of Saddam Hussein's regime, Kuwait has provided all kinds of support and assistance to the Iraqi people, overcoming the circumstances that prevented it in line with the depth of our common interests," he said.

larrykn   He continued: "We look forward to strengthening support by exploiting the promising opportunities of what so-called our relations and raising them to the level of ambition and achieving progress and prosperity for the two countries and their peoples,

" he said, praising "the commitment shown by Iraq in fulfilling all its remaining international obligations stipulated in the resolutions of the Relevant security towards the State of Kuwait as required." http://economy-news.net/content.php?id=17601

Larrykn   Industry achieves financial profits in excess of 85 billion dinars

Money and business  Economy News _ Baghdad   The Ministry of Design and Cities achieved a multi-million-million-year increase of more than 85 million, compared to 23 million over the same period last year.

"The total revenues generated by the companies of his ministry during the current year 2019 exceeded 85 billion dinars, in keeping with 32 factories that have been destroyed by a number of companies," said Abdul Wahid Alwan al-Shammari, media spokesman for the Ministry. The country, compared to what it achieved for the same amount last year, which was only 23 billion years old, had 18 winning factories."

"Sixteen of the ministry's public companies have been able to achieve an increase in their financial revenues, in return for reducing their losses compared to the same period last year in 2018," he said.

"This progress in the development of production, preceded by a series of actions, was preceded by the preparation of an integrated marketing plan in the pumping of products, goods and goods to the market, as well as the use of the main components of the state and national ities in the world," he said. The national product, in addition to the imposition of tariffs on certain goods and goods, has been introduced.

"The companies that benefited from the lost share were compared to last year and made profits during the current year, and they made profits during the current year, are the companies that benefit eduing the military, steel, hydraulic, and the right to work.

The Republic, the Republic and the European, on the other, on the general companies: For the instruments of contacts and capabilities, for the poison of Iraq, for the engineering and engineering qualifications, for the war, for the visitors, And my friend, the knight." http://economy-news.net/content.php?id=17599

larrykn   Parliamentary economy: One of the holidays of Eid al-Fitr the state suffered losses of 80 billion dinars

Money and business   Economy News – Baghdad   A holiday on the Muslim holiday of Eid al-Fitr has cost the Iraqi state 80 billion dinars in losses, the parliamentary economic and investment committee said Thursday.

"We called on parliament to amend the public holidays law in the House of Representatives to determine working hours in state departments and reduce some public holidays because they have suffered significant losses to the country," the committee said in a statement received by Economy News. It is estimated at more than 80 billion dinars."

"The Ministry of Planning has drawn up a study that the number of employees in Iraq (4) million of them (2) million and (200) thousand civil servants and the rest within the security services," the commission said in an earlier report, adding that "the income per person per hour is limited to (3,798) dinars ( 3) us dollars and the average The employee's monthly income is 500,000 dinars compared to (22) working days and 6 actual working hours."

"If the number of holidays is counted and divided at the level of per capita income per day, it will be shown that Iraq is suffering significant losses on public holidays by (8-10) billion dinars per day," she said, noting that "one of the holidays in the country that lasted for 10 days resulted in the loss of the country by more than (80) billion dinars." "It is not by the employee that he or she receives salaries without actual work." http://economy-news.net/content.php?id=17597

Zig   FROM KAPERONI.......I have commented several times, I read everything... I know what the CBI says. I know what the IMF and World Bank say..i read it all. Dave does not want to accept reality. That there is no chance for a RV/RI, too much money. And his claim the CBI stated "no float" is ridiculous.

What they said was "no float" when questioned about it at the time of the interview..which was a year ago. Did they float? No. But that does not mean they will not float. In fact, I can find 2-4 articles over the last few years where the CBI talked about floating and never took action. Why? Because they are not ready yet.

Dave needs to understand this is a process. And the process is complicated building a banking system, funding it, creating a sound monetary policy so citizens and investors have confidence, creating the conditions for investment (laws, insurance, etc) and building a market economy offering investments and projects in all fields. This takes years! I assure you, when the time is right, the CBI will float the dinar. They have to!

Zig   FROM KAPERONI....Continued.......As investors/investment comes into Iraq and capital flows through the banking system it will create pressure/inflation. Inflationary pressure is resolved by floating the currency. This is a fact.

This is what the IMF was talking about when it told them to create the conditions to allow a gradual appreciation of the currency. The Balassa-Samuelson effect! The good news is it looks like they are trying to force the launch of all this next year with the increase of 72 trillion dinar in the budget.

They do not have this money and are expecting it to come from international investment. This could be successful or be very messy next year wiping out 80% of the reserves. There are only a few options for the CBI, A significant RV/RI isn't one of them.

A re-denominate (LOP) which parliament wants to do is still possible, or follow the directive for successful emerging markets (which Iraq is) and float the currency like they were asked to do in 2013.

Go read my tweets from today as I quote the IMF directive to the CBI. Remember, in 2015 the IMF took over trusteeship of the CBI to fulfill reforms under previous Stand By Agreements and Article IV Consultations...... Kap

 https://www.iqdcalls.com/chat/

IQD CALLS CHAT Wednesday Night 8-28-19 Part 2 of 2

IQD CALLS CHAT   Wednesday Night  8-28-19  Part 2 of 2

Dave   Zig How long have you been around or bothered to pay any attention

Zig   xyz : Think silently please.... :na;

xyz   Zig working on my silly active brain

Zig   Dave : 9 years.....pay attention off and on.....lol

Dave   but i suppose some believe the earth is flat

Dave   Zig you have been part of the convos with Kap and I

xyz   I luv kap on a serious note. He is top 3 smartest gurus in dinarville

Dave   xyz Benys a hoot......

Zig   Okay....if Kap replies I will post it....or maybe he will return.....Later...

xyz   Dave kap is definitely an intelligent dinarian that is a diehard on his theory which doesn't take into real world factors

Dave   He has admitted to me that he does not read anything from CBI in yrs

xyz   He is very smart but maybe ...

Zig   He focuses mainly on the IMF.....

Dave   in HALF tRUTHS yes

xyz   Zig imf is a bureaucracy that misled on purpose

xyz   Z thinking out loud

Dave   omits the next paragraph from the exerpt

Dave   the part after the However,............lol

xyz   Z is ready to convert kap into reality

Dave   someone ought to just cut the cord

xyz   8-28-2019 Intel Guru MarkZ We are hearing that we should have numbers at anytime within the next 2 days

Young_SC   Dave lol

Young_SC   Well there that explains everything

Young_SC   If he pays no attention to the CBI that answers my questions

Young_SC   Go figure

 Tebow   see I missed the Crapola session with the    guru. The is not 40T in circulation he wants you to believe.

Dave   Tebow or thats What Russia and Turkey did

Dave   hyper inflation.....

Tebow   Russia/Turkey different

Dave   Tebow tell; that to Kap .....lol

Dave   Kuwait.....covered it all with this guy

Young_SC   Iraq is so rich that they csn cover no matter the amount in circulation

 DaveYoung_SC almost 2 yrs of CBIs hard currency auctions.....taken in tons

Dave   they recirculating it or just sitting on it

Dave   they seem to prefer the USD ........lol

Tebow   so this 'thinks he knows it all says they have 40T in circulation and they are going to float. On his calls he says maybe to a USD within a year. So now that still comes out to 40T dollars in circulation. Way to much for a country like Iraq. His floating turd still doesn't any sense!

Dave   they may have minted that much

Dave   recollect the probs with all the worn out ones

Dave   i think cbi is sitting on tons of this stuff

Dave   it after all belongs to them

Young_SC   Tebow sparky thinks it makes sense 😂

Tebow   doesn't mean it's still in circulation, also how much does the CBI hold of that. They done have to cover that at a new rate. Only need to cover value of what they current have.

Dave   Young_SC sparky admittedly likes to float

Dave   They could simply burn the old dinar once they put out the new ones

Dave   theirs to burn........

Dave   done....or all gone

Dave   Where or Where can Sandyf be..........

Tebow   Can't find the keys for his drive-by

Whitelions   <so glad to see people in here having a good conversation abot the dinar

Young_SC   Whitelions with many false narratives being implied from certain ones

Whitelions   I know the funniest one is the lop how is that still alive lol

Young_SC   Whitelions    smile

Whitelions   And the float my goodness the cbi said no float and if you think you can bypass that by adding the words (at this time)) then people get what tey follow

Whitelions   In the end weall win well unless youwere foolish enough to give your dinar to a person to get a higher rate or payed in for a share in a bigger pot in tht case you lost it alll just put it up to greed yours and theirs but they win

Tebow   15 yrs and counting, bills still crisp as the day I got them

Dave   Tebow never played monoply

Tebow   liar

sandyf   @SKELFLA I went to school with them in the 80s in Sharjah during the Iran/Iraq war.

I was stationed at Sharjah during 1970. The currency at the time was the Qatar & Dubai Riyal and when I cleared my flat a few years back I found a couple of old notes. I got £800 from a dealer for notes that would have been worth less than 10p, not a bad return.

Interesting point you made about the transactions. I have been in this since 2004 and have not paid a great deal of attention to IQD movements in recent years.

Over the years the Iraqi government has come up with various reasons why the redenomination has not gone forward but one fairly significant problem has never been mentioned. Iraq is quite unique in respect of the percentage of its currency outside the country.

In the event of a redenomination the IQD would become an ISO historical code and no longer have an internationally recognised value and to proceed with a redenomination under these circumstances could have severe repercussions on Iraq.

If for some reason significant funds became available it may be seen as prudent option to create a redemption initiative for IQD outside of Iraq and remove that currency from circulation, removing a massive millstone from around the neck of Iraq. The knock on effect would be a significant rise in the value of the currency within Iraq.

It is very easy for Joe Public to get misled but as you suggest, financial institutions are a different ballgame, and one can only hope.

Tebow   drive-by time

Tebow   nice bedtime story

chattels   If Frank26 were not a confirmed * before the following post then he is after reading the following. "Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is...constantly telling you they're lifting three zeros from their exchange rate...when someone says to you it's a lop ask them are they adding three zeros to the exchange rate or are they taking away? +

chattels   sandyf Is the following an accurate quote from you ? " In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power."

chattels   I posted yesterday about the early budget planning numbers., .................. " the preliminary estimate by the Finance Ministry is that the 2020 deficit will be an eye-popping 72 trillion IQD/$61 billion. That's almost a third of the country's entire GDP." https://twitter.com/UticaRisk/status/1166809127697506305

chattels   " .........that's the starting point. It comes from the fact that parliament inflated last year's budget, demanding an end to "austerity," but then oil $ just kept falling. This is the main reason few large-scale projects are progressing: there is no money."

chattels   ".........in case you are new to this, the reason there's no money is bc operational expenses for 2019 were set so high that they have absorbed all the income, despite strong oil export figures. MPs rip the govt for frozen projects but it was they who demanded a bigger budget last fall."

chattels   " Iraq will not actually borrow near $61Bn next year for sure. But that figure is important b/c it shows the vast gap b/n what Iraqi politicos want to spend & the amount of money they have."

chattels" It is never too early to start worring about Iraq's 2020 budget crisis. It is coming sooner than you may think."

chattels   " ............... a great many Iraqi MPs know next to nothing about fiscal policy in general or Iraq's specifics."

chattels   https://twitter.com/UticaRisk

chattels   Nothing is certain in Iraq, but it is certain what we will hear about Iraq from the Gurus in the next budget is that the new rate is in the budget. A tired false narrative.

chattels   Abdul-Mahdi discusses plans to promote the Iraqi economy with the World Bank's regional director / expanded

Wednesday 28 August 21:28 https://ninanews.com/Website/News/Details?key=784235

chattels   BAGHDAD / NINA / Prime Minister Adel Abdul Mahdi discussed with the World Bank's regional director for the Middle East Saroj Kumar the government's vision for the future of the Iraqi economy and its plans to promote non-oil producing sectors and diversify sources of income and ways of cooperation in this area.

chatte   lsIraq is always talking about diversification and investment. Talk with little action.

chattels   IRAQ IS A " TAKER " AND i AM AFRAID THEY WILL BE FOR SOME TIME A " DONEE NATION ".

chattels   Rouhani calls on his country's highest authorities not to interfere in the affairs of his government

Wednesday 28 August 19:41 2019 https://ninanews.com/Website/News/Details?key=784211

chattels   INTERESTING ARTICLE .https://www.iqdcalls.com/chat/

foxmulderchattels I just read that article interesting for sure . your thoughts ?

PMfoxmulderso goes Islamic Ideology ,theocracy true to form

chattels   foxmulder Cracks in the wall ?

chattels   Division in the ranks ?

Chattels   The rise of secular government ?

chattels   Bedtime for Bonzo here. Good night all.

Matt   Silver Spot Price per Ounce $18.32 €16.52

Matt   Gold Price per Ounce $1,475.60 Spot Change 10.20

https://www.iqdcalls.com/chat/  

IQD CALLS CHAT Wednesday Night 8-28-19 Part 1 of 2

IQD CALLS CHAT   Wednesday Night  8-28-19  Part 1 of 2

 Zig   This guy, Jeff, may soon come into chat....I sent him the link again per his request.....his videos are at https://www.iqdcalls.com/Dinar-Investor.html

Zig   Kaperoni does not like him....lol.....could be interesting......

Xyz   Zig even @sandyf and Sam I Am don't like him. Wonder why!

ZigThis guy Jeff is pretty grounded.....IMO.....

Baxter   I kind of liked the guy who was in here yesterday

Baxter   he seemed more GROUNDED.. than most

Baxter   he could at least speak arabic

Dave   good then we might get accurate translations

Baxter   maybe he will come back in

xyz   Zig Invite Mary aka My Ladies with her best buddy Nova

Zig   xyz : Mary has been here before.....

xyz   Zig yeah! What happened? Banned?

28 Aug 19, 04:22 PM Zig   LOL......No.....not that interested......

Xyz   Zig Z imagine lots of scenarios like WHAT IF iqd float 1000% in seconds just like LIRA did last week, would float guru aka @kaperoni call it FLOAT or RV?

Zig   xyz : I miss you're "What If" pic.......lol......see you later....

Xyz   What IF it RV tonight into tomorrow

Young_SC   JEFF vs KAPREONI

Young_SC   GURU VS GURU

Young_SC   who will win???

xyz   Children of US Troops Born Overseas Will No Longer Get Automatic American Citizenship https://www.military.com/daily-news/2019/08/28/children-us-troops-born-overseas-will-no-longer-get-automatic-american-citizenship.html  

Young_SC   Dave i saw you speaking with Kap yesterday and it was funny when you just didnt bother anymore lolol

xyz   8-28-2019 Intel/Newshound Guru sandyf [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?] There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan.

...In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.

larrykn   GA everyone

larrykn      xyz this one would make since, I also read an article back in 2013 that stated they were testing rates between $1.13 and $122, so this would fix right in.

larrykn   Petrofac not aware of formal suspension for new contracts in Iraq https://www.thebaghdadpost.com/en/Story/43819/Petrofac-not-aware-of-formal-suspension-for-new-contracts-in-Iraq

Baxter    quit DREAMIN... ITS A DIME

larrykn   Hundreds of displaced Iraqis transferred from camp despite fears https://www.thebaghdadpost.com/en/Story/43821/Hundreds-of-displaced-Iraqis-transferred-from-camp-despite-fears

Zig   @Young_SC: Admit it....you would love to see a debate between Kaperoni and Jeff in here

Young_SC   Zig lol it would be funny

Young_SC   But to be honest its entertaining seeing Tebow/Dave Debating Kap lolol

Young_SC   Zig jeff should never give dates to those who follow him. He keeps stating once they fill in the one position of the government the education minister position then the rate will raise shortly afterwards

Young_SC   Jeff has already stated some odd things already

Young_SC   If the Dow markets reach 28 000 then we are close to the RV and he also said China and the U S have to have a new trade deal in place first before Iraq can reinstate lololol what is he saying??

Zig   Young_SC : Notice that Jeff always says to not take his advice....that it is just his opinions based on what he has read, etc.....so he covers himself.....

Young_SC   These opinions of individuals are irrelevant and very random/makes no sense

Young_SC   Zig yes that is true

Zig   I know but it's fun.....lol

Young_SC   But i find it odd that the people who follow him grasp onto him as if he knows the date for anything

Young_SC   He is just another person trying to figure out the next steps like you and I

Young_SC   I find that some just cannot think for themselves

Zig   Some of these people, including Kaperoni, have spent a lot of time ( years even) researching this.....but in the end it is just their opinions.....and they reach different conclusions after researching the same materials......

Young_SC   Education minister to me has no baring on the purchase of power for its citizens of iraq/reinstatement imo

Young_SC    Hey Iraq we cannot give you power to your currency yet because we do not have a education minister yet lolol like Really Jeff come on 😂

Zig   Enter Kaperoni.....Hi Kap......Jeff may come.....has been invited.....

Kaperoni   Nobody debates me they just bash and insult because they have no facts to support their agenda

Zig   Ouch

Kaperoni   Its true

Kaperoni   And even those that have some knowledge dont read or research as much as we do to even debate

Kaperoni   That includes Sam

Kaperoni   He just gathered enough information to discuss a LOP and never put effort into other options

Zig Sam will say that you don't understand certain things as well......

Kaperoni   Oh you should post my Twitter comments today..good stuff

Kaperoni   Lol Zig, I spent yeara giving him news ans details that he refused to read

Zig   People can find them here https://www.iqdcalls.com/kaperoni.html

Kaperoni   Sam likes to twist statements

Kaperoni   Like I conceded a LOP years ago them went back to my shtick. Lol

Zig    People just need to chill out and wait.....nothing else that we can do.....we shall see who will turn out to be right....

Kaperoni   No, I discussed a LOP and what parliament is calling for. But stated clearly that is not my belief what will happen and explained other options such as the float..which is the IMF directive.

Zig   It really does no good to keep rehashing the same stuff endlessly.......

Kaperoni   Well they will be waiting..because nothing is happening this year

Zig   Yeah but Jeff says to watch for something in a few weeks!!!.....lol....

Kaperoni   Sure at $3+ rates! Thats 116 trillion! Sure they can cover 10 times the world's money supply

Zig   Anyone want to chat with Kap tonight??.....here's your chance.....

Kaperoni   And to think some believe his crapola

Kaperoni   Nah, I just come to say hi. Not alot of time

Kaperoni   Well i go. Have a great night. Stick to facts!

Zig   Okay.....see you later......

Baxter   Darn.. I missed Kap....

Dave   yes Kap spent alot of time on this....10yrs ago or more, and still refuses to read anything from CBI since

Dave   KaperoniWell i go. Have a great night. Stick to facts!

Dave   his opinions ,,,,,,,,maybe

Baxter   the fact is... that after 14 years of watching this... no one knows nothing... now how is that possible

Baxte   rthis has to be the most hidden investment the world has ever seen

Dave   self doubt?

Dave Baxter money supply........who invented that........Kap?

Baxter   dont know

Dave   Baxter Kap!

Baxter   If I had a dollar for every min I have listened to conference calls... I could burn this dam dinar

Dave   fits his paradigm

Baxter   I may burn it anyways

Dave   Baxter you have been around this as long as I.....

Baxter   March 17 I will start my 14th year

Baxter   woo hoo

Dave   lol

Young_SC   Dave lolol when kap spoke did you notice the silence

Dave   still no hcl 140 any of that stuff we hoped for then

Young_SC   Makes no sense to debate him

Dave   Young_SC give up he refuses to read anything current

Young_SC   Dave yup

Young_SC   Thats why i just stayed silent

Dave   he stillhas traction though?????

Dave   he has sheeple then?

Young_SC   Lol

Dave   note count now..... a Kap diversion over the last yr now

Young_SC   Kap, sam will forever refuse to pay any attention to anything relevant with the CBI and they will just create their own narrative to feed newbies

Dave   Young_SC VERY TRUE!

Dave   we should take their personal opinions over cbi?????not this cowboy

Dave   Maybe TNT MarkZ Beny....those guys are really brilliant

Dave   Young_SC Are their opinions any truer than Kaps?

Dave   i like separating facts from fiction.......

Dave   unless Kap is actually running CBI

xyz   Kaperoni why not? Would floating not get there

Young_SC   Lol

Young_SC   Dave i wouldnt waste my time debating him

Xyz   Was in reference to as kap can be coward.

xyz   @Kaperoni Sure at $3+ rates! Thats 116 trillion! Sure they can cover 10 times the world's money supply

Zig   Okay.....I have asked Kap to comment about what you have said......about his disregarding CBI......etc......

Dave   never once answered any of my simplest questions........or provides reference

https://www.iqdcalls.com/chat/

IQD CALLS CHAT Early Wednesday 8-28-19

IQD CALLS CHAT Early Wednesday  8-28-19  

 chattels   Hunt for Iraqi IS leaders continues amid heightened secrecy

Shelly Kittleson August 27, 2019

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrImbMoj

chattels   IS has “changed its approach to security since 2018, becoming more secretive” about who their leaders are.

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrJk4TZ1

chattels   With the focus in Iraq now shifting to other issues and given the difficulty involved in discerning who the surviving commanders — or new ones — are, the hunt for Baghdadi’s key strategists, religious leaders and military commanders may soon be deprioritized, at least for the time being.

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrJqcGRr

chattels   And that's the way that it is from the news that I read out of Iraq on this Tuesday, August 27, 2019. It will soon be 2020. Good night all.

chattels   Baghdad / Nina / Hassan al-Kaabi, first deputy speaker of the Council of Representatives: "The next stage will witness the discussion and legislation of all controversial laws." https://ninanews.com/Website/News/Details?key=784159

chattels   How many times have we read the foregoing or something like it from an Iraqi politician.

chattels   It is the difference between rhetoric and reality in Iraq. Parliament or the CBI makes no difference. They all seem to be liars or delusional.

chattels   The central bank sells more than $ 265 million at a currency auction

Wednesday 28 August 12:14 2019 https://ninanews.com/Website/News/Details?Key=784134

chattels   Another day of sales at 265 million.

chattels   Wafiq al-Samarrai warns of the "third conspiracy" to dismantle and destroy Iraq

Wednesday 28 August 12:23 2019 https://ninanews.com/Website/News/Details?key=784133

chattels   He explained that "the third dangerous plot began to bomb warehouses and warehouses of the equipment of the crowd," explaining that "what is said about striking Iranian materiel on his way to Lebanon is a lie, but it is part of a comprehensive plan to destroy Iraq,"

pointing out that its components are to hit the warehouses to strip the crowd of materiel, To provoke disagreements between the parties of the state, government and the crowd, to raise differences by cleaving the identity of the crowd between what they call the mobilization of the Marjaiya and the mobilization of Iran,

 inciting the sectarian and chauvinistic tone of the segments of society, provoking Shiite-Shiite differences until the fighting, and provoking regionalism, in addition to provoking regionalism.

chattels   Newspapers follow the controversy over the cancellation of the strategic agreement with Washington .. And low rates of government achievement

Monday , 26 August 01:06 2019 https://ninanews.com/Website/News/Details?Key=783644

chattels   Pence discusses Iran-backed militias with Nechirvan Barzani By Zhelwan Z. https://www.rudaw.net/english/world/28082019

chattels   Pence told Barzani the US is considering further actions to weaken the PMF’s power in Iraq.

“The U.S. Government will consider additional steps to degrade such groups’ influence,” the statement read.

Pence noted that some PMF leaders have been designated under the Magnitsky Act - a US law that allows the US to sanction people deemed human rights abusers.

chattels   Have a fine day all.

Spankie   Zig thx zig- very good read on kaps visit

Young_SC   I just read the chat between Kap Tebow and Dave lolol that was funny

Zig   Tebow : It brings more people here for you to pick on..... :180

Young_SC   Sam and Kap always love to bring up past old news rather then anything current lolol

Tebow   Young_SC thank you always entertaining

Young_SC   Lol@ Kaps 2012 source

Young_SCUnbelievable lol

Tebow   sandyf did a drive-by last night and said there is no such thing as a lop

Young_SC   Tebow   (smile)

Young_SC   No such word as he stated

Tebow    yes

Young_SC   What in the world is Kap talking about when he said those coin articles are describing a LOP??? WHAT lolol those coin articles HAVE NOTHING to do with any LOP or describing any sort of LOP

Baxter    GOOD MORNING DINAR WORLD.. spinning dime

Baxter   another Dinar Day is upon us.........

Baxter   8-28-2019 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY" I especially like the heading of the article. This process is now on the way. Hold tight…its coming…

Baxter   Hold Tight Clay.. its coming...

Baxter   :laugh

Clay   its always coming :laugh

Baxter   question is... is it the dinar...or hurricane dorian...

Clay   Great minds think alike

Clay   good question

Baxter   now that I have bought a trailer.in Fl. directly in the path of a hurricane

Baxter   with no insurance on it..

Clay   oh no

Baxter   oh yes

Tebow   why no insurance

Clay   can you get insurance quickly

Baxter   havent had time..

Baxter   yes... we are way inland.... im not concerned..

Baxter   we are a good 60 miles from the coast

Baxter   it will be windy.. thats for sure..

28 Aug 19, 09:29 AM Baxter   but nothing like the coast

larrykn   Good Morning everyone

larrykn   IMIS move arms depots to unknown areas: Official

https://www.thebaghdadpost.com/en/Story/43816/IMIS-move-arms-depots-to-unknown-areas-Official

 larrykn   do they really think the USA can't find them lol

Clay   lol

larrykn   Court sentences 11 ISIS members to death over terrorism charges https://www.thebaghdadpost.com/en/Story/43817/Court-sentences-11-ISIS-members-to-death-over-terrorism-charges

Clay   I know right

larrykn   they really don't know what the US have

larrykn   Mesopotamia Announces loans for 60 million judges to buy cars

Alakotsag News/follow.   Rafidain Bank announced that he had decided to grant loans for judges until 60 million dinars to buy modern cars and concrete global 2002 in installments.

The Bank's information Office said in a statement sent to news economy to ensure that the loan is to provide bail judge in addition to a civilian employee of the State services, the branch of fundamentalist action against the borrower and guarantor of the full loan application form and sample borrower and guarantor and not condition Premium amount and interest monthly (50%) of the sponsor's salary, noting that loan by 80% of the price of the car. http://economy-news.net/content.php?id=17585";

Clay   neither does Iran it seems

larrykn   If they don't increase the value of the dinar they will run out of dinar to buy products from out of Iraq

Clay   agree

Whitelions   Morning all I just post 6 article on the cbi training courses and have 3 more to post . Just so you all know thay have been having thease same courses every 2 months so they are not just teaching more people not just the same people.

Whitelions   *teaching more people

Portmagaland   Young_SC I respect Sandy's and Kaps points of views as they are in this for the same reasons we are 🤑. However, Sam I cant get with because I have frequented a number of different chatrooms throughout my life and all those chatrooms promoted a topic that everyone supported.

Every now and then some troll would come into said chatroom to piss on everyone's parade. In these other chatrooms no one encouraged or welcomed trolls. Make no mistake by normal definitions, Sam is a troll and is encouraged to spew his trollness. In this sense, this chatroom is unique.

So, from now on, when I see Sam,, I'll just leave, so I dont get pissed, and I'll check in the following day to make sure the coast is clear. The rest of us may disagree on how this is going down, but at least we all have common ground in the believe that it's going down..... Anyways, how about that silver, I like making money while I sleep.

Young_SC   Announcement of Auction Results (ICD604) (For Sale of Islamic Deposit Certificates)

Young_SC    28th August, 2019   The Central Bank approved on 26/8/2019 the auction of Islamic deposit certificates ICD604 amounting to (100) billion dinars for (182) days and was sold (13,770) million dinars to one bank at a rate of return (% .2.00).

Young_SC   https://cbi.iq/news/view/1238

Baxter    ANY DIMES FOUND TODAY

Zig   This guy, Jeff, may soon come into chat....I sent him the link again per his request.....his videos are at https://www.iqdcalls.com/Dinar-Investor.html

Zig   Kaperoni does not like him....lol.....could be interesting......

Xyz   Zig even @sandyf and Sam I Am don't like him. Wonder why!

https://www.iqdcalls.com/chat/

IQD CALLS CHAT Tuesday Night 8-27-19 Part 2 of 2

 IQD CALLS CHAT Tuesday Night  8-27-19  Part 2 of 2

Young_SC   Tebow thats the weird thing about it not one article or source of info coming out of Iraq has ever mentioned the word LOP in it but yet Sam Magically assumes it means LOP

Young_SC   I thought ive seen it all

Zig   A chat room full of only Like-Minded people is a boring room......IMO   Pleasant but boring.....

xyz   Zig unless they all like RV

Zig   LOL.....or float......   We exclude nobody.....so come on in!!!

 Zig   Look....we (besides Sam...lol) are all here for the same reason.....chill out.....so what if people disagree, have different opinions, etc.....it has 0 effect on the outcome, whatever that may be.....do not let it bother you!!.....have fun with it.....who will be right?.....I have no idea......enjoy the ride.........

Sparky   Zig ...it's all about fun, and, there is no shame in my game... give both barrels when I chat... right, wrong...jmo today...may change my opinion tomorrow...

Sparky   ...but, I must say, glad to be along the ride with fellow investors...makes it fun...

Dave   know 1 thing fore sure ...Russia Turkey Mexico Belarus and now Iran have lopped

Tebow   Dave inflation all of them

Dave   Iraq must do the same because Kap says so.....

Dave   Tebow agreed.....

Zig  Dave : Thank You for giving Kap the proper respect he deserves......lol

Young_SC   Dave its just now kap talks about the zeros when the deletion of the zeros was from 10 years ago

Dave   Gurus must have a following or they would not be Gurus Zig

xyz   Window has been moved again jejeje    8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. ...WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE... KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.

Zig   Dave : With many people you just have to agree to disagree.....and remain friendly....otherwise it never ends..........

Dave   Zig one must stand their ground.....

Dave   I guess CBI is advertising this RV again......

Sparky   ... Im still buying...

Dave   Sparky we are lopping and you are buying more?

Sparky   Dave ...yup...

Dave   Sam got it right and sold out

Zig   Dave : He may have the last laugh.....lol

Sparky   Dave ... I see where this is going, just may take a few minutes...

Dave   Sparky let me catch up.......

Dave   Zig could be.......Israel could accidentally nuke a base of Iranians in Iraq

Sparky   Zig ... could be, but not smart money says it's a positive investment...imo

Dave   Zig Got into this 10 yrs ago.......Restore the IQD.....Delete 3 zeros, when the time is right......words from CBI

Dave   CBI really has not changed their story since.........Translation seems to constantly repeat the same words........10yrs worth

Dave   Zig you believe that Iraq is currently worthy of having a really valuable currency?

Sparky   Dave ...  , stay the course... .and hold.....use your own discretion...

Sparky   Dave ...when has Iraqi politicians ever followed through on law enactment.?

Dave   Sparky ,,,,passed traffic laws

Sparky   Dave 3 reads... goes to Gazette.. no enactment...did...

Dave   Sparky 140 hcl never implemented.....

Sparky   *same ol', same old...

Dave   Constitution says so.......

Dave   they just reiterated this days ago

Dave   Fedreal Court

Sparky   Dave ...lol... Iraqi Constitution, means nothing to the corruption ...

Dave   Sparky you mean IMMUNITY

Dave   maintain status quo   thats the hold up imo

Zig   Dave : No....not worthy.....I guess....I am no expert though.....to say the least.....

Sparky   Dave ...after their pockets are filled...then, maybe...

Dave   Sparky they are billionaires......

Dave   all the leaders of the parties

Dave   Save SADR

Sparky   Dave ...greed is a drug...

ZigI want to say one thing: It is only my opinion about what constitutes a good chat room.....many will disagree.....that's fine.....just do your own thing here.....you will find people with similar interests......

Sparky...simply put, logic tells me those who have bought Iraqi currency, will profit...based on their internal resources...and their history...back into 2, 3 or 4 or more, decades ago...imo...

Sparky  dinard ... how do you think this thing plays out...?

dinard  Kinda iffy but don't see why it can't RV. It can go either way as far as I'm concerned.

Sparky  dinard ... good attitude...

dinard   Sparky I don't really care a whole lot about this investment endeavor

Sparky   dinard ...good man...plan z...

Xyz   @kaperoni am confused... what is the difference between remove and delete zeros? Jejeje

 xyz   8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first

xyz   Ooooops remove is flotation

Sandyf   @chattels sandyf HELLO. Anything encouraging for us that you may be hearing ?

Unfortunately NO. I did have some involvement with 2 entities outside dinarland for over 10 years but both have shut up shop in the last 6 months, the opposite of encouraging.

In terms of rhetoric, the only thing I find encouraging is that in the last few weeks Leo Wanta and Michael Cotrell have become a lot more vocal. I think something major in the financial world is on the cards, but what and when is anyone's guess.

sandyf   @Young_SC Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency???

Sandyf   There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan. I have posted several that you and others have refused to acknowledge on the basis of age, as if that meant something.

You continually harp on about "Increase in Purchasing Power" without providing any facts, like increase from what to what. That is because you can't, "purchasing power" is an arbitrary concept without any factual basis.

In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.

chattels   sandyf any good news out there ?

chattels   Parliament: next year's budget deficit will rise to more than 70 trillion dinars

Tuesday 27 August 16:43 2019 https://ninanews.com/Website/News/Details?key=783974

chattels   Parliament resumes next week.

chattels   MP: Parliament will meet next week to discuss the recent "Israeli" attacks LINK

chattels   Plan on hearing a lot of bravado from the Parliament.

chattels   Iraqi delegation to visit Erbil Wednesday to discuss security in disputed areas By Zhelwan Z. Wali https://www.rudaw.net/english/kurdistan/27082019

chattels   . The two sides will also discuss Article 140 of the Iraqi constitution, which stipulates that people in the disputed territories should decide whether they are to be governed by the federal government or the KRG, though it has never been implemented.

chattels   According to the 2019 federal budget, the KRG receiving its share of the federal budget is continent on the KRG giving part of its oil to Baghdad. The federal government says the KRG has not delivered on this so far.

chattels   Abdul-Mahdi is under mounting pressure from Shiite leaders to take a harder line on the KRG and the budget issue.

chattels   “The constitution will be the base of any negotiation between Erbil and Baghdad,” he added.

chattels   Unfortunately the Constitution is silent on many issues and / or nether side has the same interpretation of the Constitution.

chattels   Armed group threatens US military, civilian sites in Iraq By Lawk Ghafuri https://www.rudaw.net/english/middleeast/iraq/270820194

chattels   ERBIL, Kurdistan Region — A video featuring a group of armed, masked men has called for the expulsion of US troops and civilians from Iraq, amid alleged attacks on Iran-backed militia groups in the country.

chattels   “We promise to attack every single US civil and military base within Iraq if Trump does not withdraw them,” the armed, masked men said in the video published to social media on Tuesday.

“The US troops are invaders of Iraq, and we will not rest until we expel the US invaders,” they added.

chattels   Often times it is difficult to envision any happy or productive end to the complex conflicts that are Iraq.

chattels   Hunt for Iraqi IS leaders continues amid heightened secrecy

Shelly Kittleson August 27, 2019

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrImbMoj

chattels   IS has “changed its approach to security since 2018, becoming more secretive” about who their leaders are.

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrJk4TZ1

chattels   With the focus in Iraq now shifting to other issues and given the difficulty involved in discerning who the surviving commanders — or new ones — are, the hunt for Baghdadi’s key strategists, religious leaders and military commanders may soon be deprioritized, at least for the time being.

Read more: https://www.al-monitor.com/pulse/originals/2019/08/iraq-isis-terrorism-security.html#ixzz5xrJqcGRr

chattels   And that's the way that it is from the news that I read out of Iraq on this Tuesday, August 27, 2019. It will soon be 2020. Good night all.

 https://www.iqdcalls.com/chat/

IQD CALLS CHAT Tuesday Night 8-27-19 Part 1 of 2

IQD CALLS CHAT Tuesday Night  8-27-19  Part 1 of 2

 Young_SC   Specialized: minted coins serve internal business transactions

Young_SC   Monday 26 August 2019    There have been recent parliamentary voices calling for the reintroduction of coins (coinage) and reintroduction into circulation, as well as reconsideration of the project to delete the three zeros from the Iraqi currency, at a time when economists regarded it as part of the great economic reform process in the country.

Strategic Plan

Economist Dr. Essam Mohamed Hassan said that "the Central Bank decided earlier to develop a plan to create coins as part of a restructuring plan that requires the approval of the House of Representatives as a strategic plan will contribute to support the value of the Iraqi dinar in trading

"The change of currency means that a new currency replaces an old currency, with a specified replacement rate, and removes the zeros of the old currency or moves the decimal places to the left," he said, adding that "part of the restructuring plan of the currency and banks involves the creation of coins for trading." Financial support for the national economy. "

Hassan said that "the coin project, launched in 2004 did not succeed because of the absence of comprehensive economic reforms to support the financial value of the dinar in the global market," explaining that the coins will be one of the important intermediate currencies that will be used for trading and transactions.

"Deleting zeros and reintroducing coins has to do with economic reforms because coins, because of their durability, are longer than coins that are quickly damaged," he said. In 2004, "indicating that this requires the dissemination of a culture to educate the public about the economic feasibility of the minted currency."

Baxter   YoungSC... is there a link for that

futuremoney   no

Portmagaland   SKELFLA I read awile ago on a thread that investment bankers where going to somehow do to the dinar, what they have been doing to silver by keeping silver artificially low with huge fake paper future/derivatives. They were going to package the dinar in some bogus investment scheme that would keep it from popping. So, your above statement about large quantities being bought sounds like it might fit the description of that thread comment.

Young_SC   Baxter im trying to look for the link but i cannot find it anywhere.

Portmagaland   It's way above my pay grade, so I can only generalize it.

Baxter   Young_SC ok..thx

Baxter   I am beginning to think my dime... is in deep doo doo

Portmagaland   Baxter If so lame

Portmagaland   Silver is looking like it might break out and ......

Baxter   you cant make much money on silver unless you buy a ton of it... a 2 or 3 dollar jump... wont pay much  not worth the risk..

Baxter   when the china deal goes through..chances are it will drop again

Portmagaland   Baxter We will see

Baxter   yep.. we will

Portmagaland   It's looking better than the dinar right now.

Baxter   I cant argue that

Sparky   ... interesting input by Skelfla...did I read institutions buying at 2 cents per dinar ? That would cost $500 for a 25 k pink note, if my math is right... I get mine a whole lot cheaper...

larrykn   GA all, seems to be quite a busy place in here today lol

larrykn   I see Kap was in here, brave man lol

Sparky   ... would sell a pack or two at 2 cents a pop...

larrykn   Kap float is the talk of the town, I was just wondering why back in 2013 the cbi was experimenting with a rate of $113 to $122, I might agree with Kap thinking it will float , I'm just not sure where it will start at.

Sparky   larrykn hi Larry, and agree...

Sparky   ...like that silk road talk, though...

larrykn   you know I think people need to take a chill pill for awhile and see what just plays out, no one knows how or when or at what rate they will do it until they just do it. so you can talk all you want but we will just have to wait and see

Zig    Kaperoni visited earlier.....a spirited exchange.....lol.....

Sparky   ... institutional investors, such as hedge funds...can manipulate the market, as they do in the FX...wonder what significant, amassing, for 18 months...with principals in the dark...at 2 cents per dinar, ... "something is up "...?

Zig   Hi Sam.....long time.....

Sam I Am   I missed Kap?

Zig   LOL....yes.....too bad....

Sam I Am   Hi Zig

Zig   Tebow took care of Kap for you.....lol

Sam I Am   That's not too comforting

Zig   I think Kap is now considering a possible LOP.....imagine that.....lol

Sam I Am   again?

Tebow   someone had to do it

Zig   LOL

Sparky   Zig ...Kap said that he didn't think so...

Sam I Am   Kap sent me an email 6 years ago congratulating me on being right about the lop

Sam I Am   He goes back and forth

Zig   Anew member, "SKELFLA" had some interesting stuff to say.....you may want to scroll up.....

Sparky   Zig ...some of which is sketchy,...imo...

Zig   Sparky : This whole thing is sketchy.....lol

Sparky   Zig ...truer words never spoken...

Sam I Am   Zig Did you hear my call with Nash on the Iranian rial?

Zig   Sam I Am : No....I will get around to it.....been staying away.....gets tiring.....boring......lol

Young_SC   Sam I Am Iranian rial and iraqi dinar are complete 2 different entities

Young_SC   No one cares about the rial

Zig   Sam I Am : You posted a link to the here but I think the Mod deleted it......

Young_SC   Monetary policy is in a different direction for Iran

Zig   to the call

Sparky   Young_SC ... Iranians do...

Young_SC   Sparky lol

Sparky   Young_SC lol

Sam I Am   Zig That's no surprise

Tebow   Sparky we don't

Young_SC   Tebow lol

Young_SC   Im not sure why Sam I Am mentions the Rial

Zig   Young_SC : Ask him....lol....he is here....

Young_SC   Because he says the dinar and rial are in the same category

Young_SC   That alone just tells me Sam is 100% lost    False news

Sparky   Tebow true...but, who knows what impact Tomans...hyper inflation, will have in their Shia brother currency value...

Young_SC   Fake news (donald trumps voice)

Young_SC   Sam and Kap like to hand out false intepertations

Sam I Am   Young_SC What are you babbling about?

Zig   LOL

Young_SC   Sam I Am scroll up

Sam I Am   Both the dinar and the rial lost value due to hyperinflation, right?

Young_SC   Sam I Am you are in dire need of help when it comes to knowing the difference between the Iraqi dinar and the Iranian Rial

Sam I Am   Educate me

Zig   People who have opposing views add some much needed life to a chat room......IMO.....

Young_SC   Zig lol

Sam I Am   Iran announced that they are removing zeros from their currency, the same thing Iraq announced

futuremoney   seems like when Zig comes in here ..the worms start crawling out of the wood..

Sparky   Zig and thanks for getting Kap in here... appreciate you...!

Zig  This chat room was in dire need of a spark or two.....otherwise you just talk about the weather in Ohio............

Young_SC   Sam I Am ahh yes because Iran is a failed state, its monetary policy is in the complete opposite from Iraqs

Young_SC   Come on Sam really lol

futuremoney   spark? or just arguing

Young_SC   You know that man

Zig   It had become the most boring chat I had ever seen..............

Sparky   ...luv this room !

futuremoney   then why come in

Zig   I come in because I am good at changing it.....lots of experience.....and I am one of the founders............

Young_SC   If you do not know the facts of whats happening currently then there is no debate

Sam I Am   Regardless of their respective histories and issue, both currencies lost value due to hyperinflation and both announced that they will remove zeros

Sam I Am   So either both will make people rich or both will be a lop

Sam I Am   I say lop

Young_SC   Sam I Am Sam Iraq is not going through hyperinflation at this moment

Young_SC   Iraq is

Young_SC   Iran*

Young_SC   Iraq has not had hyperinflation for how long now???

Tebow   Sam I Am when did Iraq ever have hyperinflation?

futuremoney   both sides arguing opinions that may or may not have merit...is pointless

Sam I Am   correct, they did that in the 80s and 90s

Young_SC   Sam I Am sam im talking about now

Sam I Am   Tebow Shabs said they did in the 80s

Tebow   Sam I Am again how long ago was that?

Young_SC   Ohh my goodness brother you still bringing up 30 years ago news lol

Sam I Am   Tebow irrelevant ... the zeros are still there and they want them gone

Young_SC   Sam are you paying attention to anything?

Young_SC   Iraq the central hub for the middle east quoted a week ago

Young_SC   World bank supporting Iraq

xyz   Zig I take the 5th

Tebow   You know all about irrelevant bringing 30 yr old news

Young_SC   Purchasing power for its citizens

Young_SC   Same my brother read   Catch up    Its all in print

Young_SC   So my question is what are you babbling about?    Sam*

Young_SC   The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy. "

Young_SC   https://www.mawazin.net/Details.aspx?Jimare=61023

Young_SC   Same  ??

Young_SC   World Bank confirms its support for the advancement of the economy of iraq

Young_SC   http://alforatnews.com/modules/news/article.php?storyid=208943

Young_SC   Sam  ^^^^^^^  ???

Tebow   Theorem? ;thinking:

Sparky   Zig ...young is right, much more interesting with you in chat !

Sam I Am   lop article

Sam I Am   This is what you guys do .... find lop articles and call them RV articles

Young_SC   My goodness Sam

Sam I Am   You've been doing that for 9 years since I entered dinar world

Sam I Am   okay, I gotta run

Zig   Tebow and XYZ are good for a chat room......despite the problems that they sometimes cause......LOL

Tebow   Sam I Am can you give one article with the word 'lop'

Sparky   Zig oh, no doubt about that...

Zig   Blame me for getting their bans lifted......lol    I twisted the Mod's arm.....lol

xyz   Zig Z is a no trouble manufacturer ... sandyf, Sam I Am are and get away with it

Sparky   ...all good folks here, imo...

Zig   Sam I Am : Bye Sam.....IMO you are also good for a chat room.....but I am in the tiny minority......LOL

https://www.iqdcalls.com/chat/

IQD CALLS Chat With Kaperoni Tuesday Evening 8-27-19

IQD CALLS Chat With Kaperoni Tuesday Evening  8-27-19

Post From IQD CALLS Chat Room

 Baxter    THE DIME LINE STARTS BEHIND ME..AND DOUG..AND CLAY..AND CHATTELS..AND FUTUREMONEY..AND FOXMULDER...

Baxter   JUST PICK A NUMBER...AND GET ON BOARD..

Zig   Baxter : I would take a nickel in an instant.....lol....and you would never see me again..... :na;

Baxter   shhhhh ... so would I   but dont tell anybody

Dave   Baxter thanx buddy.....no dimes for me

Dave   at least sparky has my back....

Zig   Dave : What rate would satisfy you??

Dave   a dime....

Dave   less than that would be a lop

Zig   Of course most people do not have enough Dinar to be satisfied by a relatively low rate.....I understand that.....

Dave   10,000% roi?

Dave   coins......could cost a dime a piece to mint…   ergo a dime works for me

Dave   did they not say that they wished that the coins have value?

Zig   Hey Kap!!.....Long time.....

Kaperoni   White lions why do you make such foolish statements? You're accusing me of making money off people that have followed me for years. I never sold anything or on anything or charged anyone anything. It just goes to show how naive you really are

Dave   Kaperoni lol   sheeple yes.....

Kaperon   iHi Zig, Dave

Zig   Kaperoni : You are a frequent topic of conversation here....lol

Dave   howdy all

Kaperoni   Well I shouldn't be. Rather than making me the conversation they should be trying to find ways to justify 42 trillion dinar in circulation. LOL

SKELFLA   Kaperoni I was hoping to catch you. Sent you a message on twitter. Do you have any theories on why some institutions are buying large amounts of dinar at a significant premium?

Dave   Kaperoni Auctions meaningless to you then?

Zig   Please TRY to be civil when chatting with Kaperoni.....Thank You

Kaperoni  Dave the auctions are not meaningless they perform a very significant task

Dave   global at the nominal rate also....?

Kaperoni   They provide foreign currency for Imports, and provide a mechanism to stabilize the dinar exchange rate throughout the country

Dave   yes...200,000,000usd a day...lol

Zig  Oh Oh....Tebow entered.....lol.....like old times.....

Dave   lots of importts

Kaperoni   Skelfla I am not aware of this but it doesn't surprise me

Zig   Kaperoni : You don't believe in a so-called LOP.....right??

Kaperoni   Zig, I do not believe they will LOP, but those recent coin articles are clearly describing a LOP

Dave   show me...

Kaperoni   There can be no confusion when they're talking about removing the zeros from the notes and introducing a new currency. That's a LOP

SKELFLA   Thanks for responding Kap.... Why doesn't it surprise you. They have been amassing this IQD for over 18 months paying a 20/1 premium. Why on earth would they pay such a premium ? I'm am not a believer in a mythical "RV"

Tebow   Kaperoni only in your mind!

Dave   scrap metal worrth more......

Dave   than coins

Kaperoni   Tebow when you come to the table with an explanation of how they can reduce 42 trillion dinar then we have something to talk about

Dave   Hard Currency Auctions....

Zig   Kaperoni : Jeez....now you're sounding like Sam.....Gulp.....

Tebow   Kaperoni who says they have 42t

Kaperoni   Skelfla, who knows maybe they know they're going to float the currency like every other emerging-market

Dave   cbi takes in dinar,,,,for usd

Kaperoni   Tebow it's in the CBI quarterly reports and is also in the IMF Article IV

Tebow   Kaperoni why do you come in and start the name calling?

Kaperoni   You think all those organizations are lying so that you can have your mythical RV?

SKELFLA   Kap, please don't interpret my posting as being some delusional fool like the so called gurus. But I have first hand knowledge of these transactions and even the principles are not privy to the reasoning.

Tebow   Kaperoni do you really believe the CBI is going to give the heads up to speculators

Dave   CBI sitting on all those tons of dinar..........Still in circulation or not?

Kaperoni   A heads up on what? Just look at all the other emerging markets that have floated it wasn't a secret they just did it because that's what they do

Tebow Kaperon i and you stay with your delusional float

Kaperoni   It's not a delusional float it's what the IMF asked for in the 2012 Article IV

Tebow   Kaperoni got an 'New" news to offer?

Dave   Tebow call it his gut feeling ...Kap disregards anything cbi has had to say

Tebow   CBI said no Float

SKELFLA   But even at a fairly aggressive float paying a 20/1 premium would mean the institutions wouldn't see a return until the IQD surpassed a 2cent value... Which would be years away if ever. Doesn't make sense.

Dave   SKELFLA Kaps free float theory not CBI;s

Kaperon   iDave it would be very difficult to sit on them considering the money supply is necessary to maintain stability

Dave   according to you or cbi?

Dave   CBI owns the Dinar...they can burn irt

Kaperoni   The CBI never said they would not float they said they would not float at that time that's like saying we're not going to LOP and then LOP a year later

Tebow   Kaperoni If Iraq floated their currency and it went up 10%, every speculator in world would buy every last dinar so Iraq would not have a currency on the streets

SKELFLA   To be fair Dave as someone who consulted for the CBI a number of years ago I agree the only viable way is a float. Even then the rate change will be nominal.

Dave   show me......you are going back over a decade........,.as usual

Dave   SKELFLA WHO?

Kaperoni   The IMF clearly told the CBI in 2012 to start creating the conditions to move to a more flexible exchange rate regime allowing the currency to gradually appreciate.

That's a float there's no other way to interpret that. And considering the IMF is still the trustee over the CBI, I bet they will follow such a directive. But if they don't and choose the alternative it's a LOP

SKELFLA   Who, what?

Dave   some economist like Kap

Tebow   Kaperoni so you are the decision maker on time limits of Iraq CBI statements :laugh

Dave   got to go.....

Tebow   Kaperoni IMF never said ' gradually appreciate'

Kaperoni   No Tebow you just don't have Arabic translators to properly translate things in your going off electronic translation which everyone knows is nonsense

Kaperoni   Sure they did..go read it

Tebow   Kaperoni so you know also what I have and don't, really?

Tebow   Kaperoni no you prove it! Can not read something that is not there

Dave   Kaperoni "RESTORATION OF THE IQD"......make good enough sense rto me

SKELFLA   @Kaperoni A float doesn't answer why certain institutions are amassing IQD at a significant premium. There must be something else behind the strategy ...my theory is to use the currency as a derivative base for the belt & road initiative.

Kaperoni   Tebow that is the problem with you you do not understand how monetary policy works. Currency float all over the world every day many of them go up and down significantly including Russia and Egypt that have had significant gains. Is the world buying up those currencies? The Central Bank controls the amount of currency not the Speculator

SKELFLA   That's the only theory that makes any sense to me ...even though its a stretch.

Tebow   Kaperoni the trouble with you is many, you think you know more than anyone else and all other opinions are uneducated. Poor you! You only pick and choose what fits your thinking. Then calls others fools.

Kaperoni   I've told anyone that wants to read the facts that the 2012 Article IV Consultation is very clear all you need to do is go read it it's in print and it's on the IMF website. The most recent 2019 Article IV does not talk about the transition but does talk about other circumstances that need to be satisfied prior such as stability, meeting the spread, Etc

Tebow   Kaperoni 7 yrs? Anything new?

Kaperoni   You know it's funny T bolt that you mention this because you're affiliated with this chat room and they make money off of videos from what I've been told so how is your pockets doing? It's well-known that I have nothing to do with any websites though I do post on one specifically but that's quite a stretch to tie me to financial gain just because I post on a site

SKELFLA   Tebow, the fact of the matter is an overnight "RV" is mathematically & economically impossible. I grew up in the ME went to an Arab school was the only blue eyed , blond haired kid there. I am fluent in both Arabic & Farsi. I worked closely with the CBI five years ago. There will be no magical RV.

Baxter   SKELFLA.... do you ever listen to the Iraq TV stations..and what they are saying about all of this?

Baxter   if you are fluent?

Kaperoni   Glad to see they're still one level headed person here but I've got to go so have a great day nice seeing you Zig. Nice to meet you Skelfla

Tebow   Kaperoni alot of level headed people here who don't believe you and your opinion

Zig   If anyone has interest, Kaperoni can be found at https://dinaralert.webs.com/ Thanks, Kap......Take it easy.....

SKELFLA   @baxter No not really. But I have a lot of friends and associates still in Iraq. As I went to school with them in the 80s in Sharjah during the Iran/Iraq war.

Baxter   SKELFLA ok.. thx

Zig   Always fun when Kap visits.... ;eye roll;

Baxter   I just dont know why they would lop... if their inflation isnt high....

SKELFLA    , is Map gone? I was really wanting to pick his brain about these transactions. You guys are too much. This Kap guy seems the most valid when it comes to workable theories.

Zig   People get too emotional about this stuff.....

Tebow   Zig usually but I try a bit hard to behave, it's hard at time like these

Zig   I know....not that bad....lol....used to be much worse....

Tebow   Can be!

SKELFLA   So Kap left?

Baxter   SKELFLA yes

Zig;   nice-day Kap.....Visit again soon....lol

SKELFLA   Oh well..catch you later. Bye

Tebow   Zig you do know the Iraqi def of 'soon', maybe never!

foxmulder   SKELFLA something not on par with all of this , the CBI at numerous times have said they are not going to float the currency. Seems to me to very misleading.

Zig   Have to give Kap credit for even coming in here.....seriously.....

Tebow   Zig I give him NO credibility

Zig   Obviously....lol

Baxter   we know Tebow... LOL

foxmulder   That's fine if he thinks he is right , but it doesn't fly in contrast to the CBI 's statements throught the yrs.

Tebow   Zig you been holding out on the videos money? I want my cut!

Zig   Tebow : Yeah.....I wish.....ask the Mod.....lol

SKELFLA   foxmulder As someone who has a relatively good understanding of monetary policy especially in that region of the world plus the fact they have at least 42 trillion Dinar a overnight RV is literally impossible. A float despite being just as unlikely is the only viable option.

IMO What I want to know is why these institutions are in the process of buying huge amounts of Dinar and paying a huge premium. That's what I was hoping to uncover. Unfortunately Kap couldn't provide a good theory.

Tebow   we can now return to our regular schedule programming!

Baxter   SKELFLA what institutions are buying up all the dinar

SKELFLA   @baxter I can only speak for the transactions I am privy to. I know of  other's but the two I was privy to and was able to verify involved a Chinese bank and an Israeli firm. They were independent transactions but both institutions paid the same premium. Which was 2cent / Dinar.

Baxter   SKELFLA ok... thx

Baxter   I figured China was involved

Baxter   SKELFLA you need to stop in here more often

Baxter    I have always hoped for a Dime

 SKELFLA   And no... I don't believe in all the b* about dragoon families etc... These were real transactions... There are more scheduled to take place in September. Which from what I gather will be the last.

Baxter   SKELFLA thx for the info...

Zig   SKELFLA : Hope you become a regular.....invite some people.....always use fresh blood here.....

SKELFLA   No problem. The only theory I have been able to flesh out which is just a theory is that the IQD is going to be used as the base for derivative involving the belt and road initiative. Unfortunately that doesn't mean an RV it doesn't even mean the average speculator will see a change.. Its just a mechanism for a complex derivative.

 Zig   Kap is fun....admit it.....lol

futuremoney   SKELFLA is sure refreshing have someone in chat that knows everything...thank you

 https://www.iqdcalls.com/chat/

IQD CALLS CHAT Early Tuesday 8-27-19 Part 2 of 2

IQD CALLS CHAT Early Tuesday  8-27-19 Part 2 of 2

Post From IQD CALLS Chat Room

madness   dont know why these idiots keep saying rv rv this weekend, duh parliament is on recess urr vacation until sept. 3rd common sense would tell you nothing is going to happen until after that

foxmulder   madness Iraq has told us many times what their intentions are , and now all this talk from everybody else about the normal procedure of dropping the 3 zeros are . which would result in a lop , none of this is making any sense to me . I'm just going to listen to what to the CBI says.

madness   yes drop the 3 zeros IN country and re issue smaller notes, that should have no bearing on our value, you think the US treasury that is holding trillions in iraq large notes is going to loose money, I think not they would have a hissy fit

JoeSchmoe   foxmulder yea, we have heard it all over the last decade plus.

JoeSchmoe   madness they can't only do this in country. Most likely a farce

JoeSchmoe   article is prolly an oped too

foxmulder   Like I said earlier dropping the 3 zeros and lopping the currency is not a viable way to add strength of the dinar against the dollar

larrykn   Baxter interesting thoughts

Baxter   larrykn yes it is

foxmulder   Yes good video

JoeSchmoe   see, these kinds of discussions are good. Bring LOP into the convo, talk it out...use common sense, talk yourself out of the idea

madness   well on the good side of the news, not heard in the last decade, iraq has stated they want to raise the dinar exchange rate against foreign currencys gee thats about as black and white as it gets

Baxter   where Iraq ties into it.. who knows

JoeSchmoe   madness we HAVE heard them say this before unfortunately

madness   oh did not know that\

foxmulder   madness it sure is !!

JoeSchmoe   but it is always good to hear it again. Maybe they will finally follow through

madness   now they are saying they are going to release coins guess that is bad news too

JoeSchmoe   madness now that is good lol

JoeSchmoe   IF they do it

madness   yeah its iraq I know joe lol

JoeSchmoe   madness you don't remember them saying at least twice before in the last decade that they want to raise the exchange rate against the dollar? I have

madness   in all fairness though they are making progress and they do have an ego too so I do see this going in 2020 maybe before maybe not, but they sure want on the global arena and that cant be too bad for all of us dinar holders no matter what the out come

JoeSchmoe   lets hope

madness   well joe there was an article in 2015 I think

JoeSchmoe   I know I have seen/heard it at least two other times other than recently

JoeSchmoe   maybe in the past year? I hope it is that recent, then maybe there is more to it

JoeSchmoe   time does not exist when it comes to this thing

madness   well I did as much back home work I could, but come march next year that will be 2 years for me so guess you could call me a noob

madness   well all sanctions have been lifted, I think the IMF said go ahead, I think they just have to work out the wrinkles before going on forex

JoeSchmoe   I wish I could go back to being a noob, I had money then

madness   lol dont feel bad joe my diner is in a folder and I drank it already I consider it long gone

madness   LOL I said diner I meant dinar

JoeSchmoe   I consider my dinar found money. Win or lose, it will either let me retire or be wall paper

JoeSchmoe   I sold stock to buy most of my stash 10 years ago. That stock would have only yielded me maybe 10k

madness   well it will worth something, there not going demonetize there currency the question is how much that all

JoeSchmoe   I don't know if they are smart enough to pull something off, like get everyone down with LOP articles...then raise the rate to maybe 10 cents just to get everyone to sell

madness   well I stop buying im done, I have enough to be happy with what ever the outcome is

madness   yeah my buddy said the same thing, bunch of trolls calling a lop when iraq has stated they do NOT want to lop, all this lop talk makes me want to lop my foot off in some gurus you know what

JoeSchmoe   well you can bet that Sam has a raging 'you know what' right now with all this talk :laugh

JoeSchmoe   im out, time for my morning surf check

madness   yeah well I will just and keep focused on what comes out of the CBI and GOI and so far it has not been bad, they just move slow as heck but they are moving

Tebow   madness sandyf thinks otherwise

madness   well unless sandy is dating the head of the cbi I will just stick with what they say and not what people think, it does get hard sometimes to understand what they are saying, but im sure we can all agree on one thing and that is they want on the international market

madness   and in order to be international you have to have your currency follow I would think that would be common sense, but common sense is not so common these days, so guess we see what we see

Young_SC   Tebow lol  And dont forget about Kap   Lollol

Young_SC   Articles last week stating purchasing of power for citizens of Iraq, coins new notes etc etc and some still say no such thing will happen when the article for the government just showed you in printb

madness   there intention is to piss you off, does not take a rocket scientist to see the articles coming out of iraq and just take a step back and see and say ok thats what they want to do

Young_SC   From*

SKELFLA   Anyone care to explain how Iraq can "RV" to any meaningful level when there is more that 42 TRILLION Dinar in existence? How exactly is that mathematically or economically even remotely possible?

Tebow   SKELFLA what makes you think they have 42T in circulation

SKELFLA   The CBI !

madness   umm maybe just maybe there is not 42 trillion out there, governments do tell little lies once in a while, do you have a picture of this so called trillions

Tebow   the CBI is not going to truely tell you what they are going to do

SKELFLA   Wow. When facts don't line up with your believes the default position is they are lying?

Madness   plus iraq has so much gold oil god knows they are a wealthy country they could probably cover 100 trillion

Tebow   SKELFLA and you think the CBI is giving you the true facts

SKELFLA   Madness... In sorry but that means nothing. I have worked and consulted for the CBI albeit a number of years ago.

madness   well then break out the spread sheet and let get number crunching

SKELFLA   Don't get me wrong... I am not a nay sayer. As I have first hand knowledge of several institutions who have been covertly buying large quantiles of IQD and paying a significant premium. So something is up. I just don't believe its due to a "RV"

SKELFLA   Thanks for the welcome Zig.

madness   well its probably because they been on the path to go international and at some point a little money is to be made, that might be a clue

SKELFLA   Not necessarily madness. As the premium is significant.   A 20/1 premium

madness   thats what makes it exciting no one really knows, its cat and mouse all we can hope for is baxter gets his dime, then we all win or not but it was still worth the ride

SKELFLA   Yes, but it would be interesting if not potentially profitable to know why the institutions are doing these transactions. I have reasonable contacts in the space and even the those involved in the transactions are not privy.

madness   well ske thats why its call speculative

Zig   SKELFLA : No offense but anyone can come in here and make all kinds of statements claims, etc.....but not provide any proof.....so we have to take it all with a grain of salt.......

SKELFLA   True... But with an RV being an economical & mathematical impossibility I would be keen to know what the reasoning is behind the institutions.... I suspect we will never know but they obviously have an angle.

SKELFLA   I agree ZIG.

madness   well sometimes the impossible becomes possible or they would not be saying they want to raise the rate of the dinar against other foreign currency's thats pretty much sums it up

SKELFLA   Well it was good to have a quick chat. May join again in the not too distant future. Take care. Bye

Young_SC   This chat room got interesting again once Tebow, zig and xyz came back lolol

madness   well young dont forget about you too

Zig   SKELFLA : Bye....visit more often and bring some friends!!..... :)

Zig   I am going to PM Kap at Dinar Alert and see if he will address your criticisms.....lol....maybe come in and chat sometime today.....but he may be scared now.....lol

madness   lol

Young_SC   Lol

Zig   Okay.....message sent.....told Kap his "Admirers" wished to chat with him.....so watch for his visit.....LOL.....Try to be civil if possible.....Yikes.............

Tebow   economical & mathematical impossibility right Kap!

Whitelions   Good morning all . I see we have another Trillion spotter lol there is no where on the cbi site that tells you how much is in curlation I for one would like SKELFLA where it is . lol

Matt   Johnson & Johnson sued big time yay not on mainstream news though only in RT news

madness   its in her head, how can we print it out and put on a spread sheet is the question

Matt   Opioid addiction's drugs Johnson & Johnson lost the lawsuit they gotta pay big time

Matt   GREAT NEWS!

Whitelions   dose anybody know about this guy on dinar guru called invster Jeff ?

Zig Whitelions : Yes....all his recordings can be found at https://www.iqdcalls.com/Dinar-Investor.html The Mod and I have both invited him to come into chat.....

Zig   Jeff and Kap do not get along....lol

Whitelions   Zig thanks I dont agree with his giving a date to shoot for it gives people to much hope just to be disapointed but his following of what is really going on in Iraq is very good .

Zig   Whitelions Ya know, Kimberly, you are the most optimistic person I have ever known regarding this investment.....true....

Whitelions   we have gone through sooooo meny gurus and people still follow blindly it always amazes me what pure greed can do to people both the follower and the con leading them

Whitelions   Zig I did me resurch and still do it everyday and through all the bull I can see the prize and thats all I see the rest is just talk

Whitelions   Zig Ive made my share of misstakes ive almost called it a cupla times but then I go back and look at the Iraq agreement and see that we were not really there , But now they are at the last part of the education part of it and thats the last part I'm not calling it but the light is the britest I have ever seen it ;:));

Baxter    THE DIME LINE STARTS BEHIND ME..AND DOUG..AND CLAY..AND CHATTELS..AND FUTUREMONEY..AND FOXMULDER...

Baxter   JUST PICK A NUMBER...AND GET ON BOARD..

Zig   Baxter : I would take a nickel in an instant.....lol....and you would never see me again..... :na;

Baxter   shhhhh ... so would I   but dont tell anybody

Dave   Baxter thanx buddy.....no dimes for me

Dave   at least sparky has my back....

Zig   Dave : What rate would satisfy you??

Dave   a dime....

Dave   less than that would be a lop

Zig   Of course most people do not have enough Dinar to be satisfied by a relatively low rate.....I understand that.....

Dave   10,000% roi?

Dave   coins......could cost a dime a piece to mint

Dave   ergo a dime works for me

Dave   did they not say that they wished that the coins have value?

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