IQD Calls Chat With Kaperoni 8-30-19

IQD Calls Chat With Kaperoni 8-30-19

Zig   Hi Kap

Kaperoni   I would like to know what you claim I said to be horse crap?

Zig   Kaperoni is here

SKELFLA   In fact the only Arabs I trust are the Qataris and the Iranians which are technically Persians... When it comes to business. You can forget about Saudis and Emirates.

Zig   SKELFLA : Kap asked you a ? above.....

 SKELFLA   Hi Kap... Glad you joined its the primary reason I'm on this board.. First was your claim about China's monetary supply. You completely misread the published figures...

Zig   @madness: Didn't you want to speak with Kap??

Kaperoni   I don't follow China so I don't specifically know what you're talking about but I don't claim to know anything about China

Kaperoni   And the only research I ever did what it is when it pertain to Vietnam and the scam of selling Dong

SKELFLA   Kaperoni First of all, compared to the majority of clowns on these boards you are by far the one with the most reasoning. But you claimed that China only had 55billion Yuan when in fact its in excess of 55 trillion... This was a conversation you had on twitter.

Zig   SKELFLA : Did you mean Iraq's money supply??

SKELFLA   Zig Yes he was having a debate about Iraq's money supply but he sighted China as an example

Kaperoni   Again I'm not research in China but I'm sure it's a simple search that could find the exact amount and if I'm wrong I stand corrected on that but I doubt it's 55 trillion

Kaperoni   I know one thing that it's documented both at the CBI and the IMF that Iraq has an excessive 42 trillion dinar in circulation. Which no country could ever RV substantially at

Zig   Kaperoni : He agrees about no overnight RV.....so you have that in common.....

SKELFLA   Kaperoni Fair enough... There was some other statements you have made recently which are patently wrong. But truthfully I don't want to get in an argument with you. I would prefer it if you gave your take on the IQD being used as the bases for trade for a complex trading derivative. Meaning there are currently institutions by large amounts of Dinar at a significant premium. 20/1

PM Matt   SKELFLA What news source do you prefer? I often watch RT English version

SKELFLA   Kaperoni Some transactions took place late last year paying as little as USD 10m per Billion IQD more recently the institutions have been paying in excess of USD20m per 1 Billion.... Any theories?

Kaperoni   I have no knowledge of any large blocks of dinar being purchased only rumors and that goes back to even the Russians buying dinar at times. But unless it's in print in some capacity I'm not interested

SKELFLA   Matt Im not a conspiracy theorists all news mediums have a tint towards a certain political standpoint. I listen to CNN a lot purely due to the fact that in travel a lot and most hotels have CNN

SKELFLA   Kaperoni I'm not concerned about whether you have knowledge or not. Just if you have an theory on why they would be and why such a significant premium..

SKELFLA   Kaperoni Just a theory .... If you were forced to come up with one ....

Kaperoni   Zig, there's so many factors that come into play that would make no sense for Iraq to ever RV. Most contradict all of the policies that a central bank stands for

Kaperoni   I don't speculate

Matt   SKELFLA Oh my the Clinton news network / Corrupt news network really disappointed to hear that bummer

30 Aug 19, 01:03 PM Matt   You have to admit CNN is been proven to be very biased

SKELFLA   Kaperoni You've disappointed me. Coming up with theories is not speculating. After all everything you post is speculation. So that's a cop out.

Matt   CNN has No journalism just scripted

SKELFLA   Matt Yes, as is every single network.

Matt   RT less so I find

Kaperoni   Not true at all. What I post is well-documented and anyone who wants to validate that can look it up themselves my information comes from professional documents, articles, reports, etc.

SKELFLA   Matt The closest you will get to unfiltered news. Is the BBC world service.

Matt   Not sure I agree with that sorry to interrupt

SKELFLA   Kaperoni Fine. But with all your years research surely it can't be too much of a stretch to come up with a theory on why institutions are covertly buying large quantities of IQD and paying a significant premium.

SKELFLA   Kaperoni Just assume its true... Surely you could come up with a theory on why they would be executing these trades...? No?

 Kaperoni   I don't randomly go out in search of some answer to something that is not factual. Provide me with some source proving that what you're talking about exists and I will research it otherwise it's just another speculative post

SKELFLA   Kaperoni Then we find ourselves at a dead end. It would have been good if you theorised a little. But I'll respect your stance although claiming you don't speculate is a false truth as literally everything you post whether based on research or not is a combination of assumptions and thus speculations!

Kaperoni   I don't know your education or skill level and I don't want to insult you in any way but if you understand the terminology used to discuss monetary policy it should be very clear to you what the IMF told the Central Bank of Iraq to do in 2013. The IMF Article IV Consultation clearly lays out the direction for the dinar.

Doug_W   it surely IS nice to see sevility in here today

Kaperoni   That's your opinion Skelfla but I disagree.

SKELFLA   Kaperoni Both my education level and on ground experience in the GCC and Iraq is more than sufficient. I have personally consulted for the CBI. Care to expand on these Russian trades you heard about ? Or was it just rumours ?

Kaperoni   And subsequent moves accomplishments since then have indicated they are following that directive

Kaperoni   No the Russian trades were nothing but rumor but similar in the sense that they were buying up dinar at times

Zig Doug_W :    Civility as well.....lol.... :na;

SKELFLA   Kaperoni And these Russian trades ( rumours) stipulate that a premium was paid ?

Kaperoni   I never researched it because it's speculative and rumor and I had no interest

SKELFLA   Kaperoni Fair enough.

Kaperoni   But I will comment on the dinar that is outside the country. Because I was able to prove factually in a professional document from the CBI

SKELFLA    comment on what exactly? The quantity ?

Kaperoni   Some have stated that the dinar sold outside the country was done illegally or done without approval. And that is not the case a specific document from the CBI going back to when Shabibi was in charge talked about a "controlled leak"

 SKELFLA   Kaperoni And has your research come across the fact China has been negotiating currency swaps with several countries one of which will be Iraq in the near future.

Young_SC   Lolol@ professional document

Kaperoni   Yes I think anyone who researches this knows that some countries have done currency swaps with others or transactions only in currencies of their particular countries

SKELFLA   Kaperoni You're sort off correct. During Shabibi's tenure that may have been the case its no longer the case. This is one of the reasons why the institutions are paying a premium as the tranches have to be approved directly by the CBI.

SKELFLA   Kaperoni Yes but specific to Iraq. ( currency swaps)

Young_SC   Kap cried out RV 5 years ago now its a ohh no such thing, there can only be a float now because of so much dinar out in circulation 

Young_SC   Lolol@ Research

 Kaperoni   Young, I like everyone else got into this investment wanting to prove one way or another the potential, and so yes I was a believer in a RV until 2012 when should baby was run out of the country and significant documentation surfaced otherwise at which time I announced that that no longer was my opinion. I am sure you will find just about every individual who's invested in dinar initially had such thoughts.

SKELFLA   Young_SC Kap is right. An overnight RV is a mathematical & economical impossibility. Sorry but that's just the truth.

Kaperoni   Error above..Shabibi

Young_SC   SKELFLA where is your CBI contact 

Zig   Kaperoni : When I first go into this I listened to Tony.....thought I would be a millionaire every weekend.....lol

Kaperoni   Exactly Zig

SKELFLA Young_SC    The fact is I'm not directly invested in the IQD my interest is solely in finding out more about the current play on going with the IQD by several institutions. I don't believe it has anything to do with an RV but I know that these institutions are not in the habit of losing money.

Kaperoni   I was a believer in some capacity for the first 3 years I was invested that some type of RV could occur. But I have been steadfast since 2013 that is not possible

SKELFLA   Young_SC    Five of my classmates now hold senior positions in both the CBI & Ministry of Finance. I consult for three of main royal families in the GCC. I speak fluent Arabic and Farsi. Believe what you want .... My motives are completely different when it comes to the IQD and the majority of people here.

SKELFLA   Young_SC I missed that last post but from what I did see you were obviously having another dig. That's fine.

Kaperoni   Skelfla, you will find that most of these chat rooms or websites pump the artificial belief of some overnight riches and those that follow them can get quite insulting because they don't want their dream to die.

Kaperoni   I have had many personal attacks, emails messages sent to me over the years

SKELFLA   Kaperoni LOL yes, I have gathered that. Frankly, I came on here out of a combination or boredom and a desire to chat with you. I have already received a fair share of flak.

Kaperoni   I have to go. Nice chatting with you but you can always reach me on Twitter or at DinarAlert.webs.com

SKELFLA   Kaperoni Copy that.

Young_SC   Kaperoni brother stop forcing your in accurate false info claiming it to be facts when it is not. It is your opinion and it stops at that. Its getting annoying now because your opinions about the dinar is filled with major potholes and you keep feeding it to newbies and to others as if you know everything about how currency works.

You are in no position to dictate on who does what with their currency because the more you feed this opinion to which i strongly disagree with the more manipulation you are causing to those who do not understand

Sparky   Young_SC forcing ?

Sparky   Young_SC an opinion only...if understood...forces your brain to think about it... nothing more...

Zig   Kaperoni : Bye, Kap....always fun.....lol

Young_SC   Sparky define forcing

Zig   Kaperoni's tweets are also posted at https://www.iqdcalls.com/kaperoni.html

Young_SC   Kaperoni you come on the internet preaching and telling people that RI/RV is impossible because back in 2010 or 2013 this happened and that happened

Sparky   Young_SC ...simply processing ideas through your brain...you will decide which ones resonate with your individual self...

Young_SC   Nothing relevant

Zig   Sparky : I like your style in here....have an open mind.......

SKELFLA   That was a bit of a let down. I have to hand it to Kap he stands by what he says and from what I gather he's profiting in any substantial way which is recommendable when you see all these clown gurus monetising b*. But to claim he doesn't speculate is a falsehood as that is exactly what everyone is doing. Myself included.

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

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

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

foxmulder   SKELFLA I believe you are right. I don't think solid information is going to be advertised

foxmulder   There are certain ways to achieve that goal right

SKELFLA   That's why I'm on the fence when it comes to an RV. My strongest theory is what I posted before about the Dinar being used as a basis of a trading derivative for the OBOR initiative...

SKELFLA   Think of it as a "poor man's" reserve currency.

foxmulder   Whether the term RV is correct or re-denomination , dropping the zeros and having their currency at .1186 ...is not making it stronger IMO

Zig   SKELFLA : "a trading derivative for the OBOR initiative."........Please explain that in a simple way for some of us who don't know what the hell that is all about......lol

foxmulder   SKELFLA at some point it will no longer be an exotic currency status.

SKELFLA   foxmulder yes and know...becomes re-denomination will give it the perception of being a stronger currency. Which when it comes to the Arab mindset is just as important as anything.

foxmulder   Perception and reality are two different entities, I'm sure even in the middle east they desire to have a currency that has significant impact and value

SKELFLA   Zig It just a theory I came up based on the information I am privy to. Its not a 100% conclusive. But the Chinese will need to form a back up currency to form a backbone for their one belt one road initiative... To replace the USD and as a back up to their currency swaps... The dinar is definitely an option.

SKELFLA   foxmulder True. If and when it loses it status of being an exotic currency there will definitely be an opportunity to make significant profits on the IQD but this may be reserved for the institutions and like I've said whether that translates into profits for the average speculator is anyone's guess. I don't know.

 foxmulder   SKELFLA currency is currency no matter who holds it , not sure just institutional investors will benefit. Only by shear volume

SKELFLA   foxmulder The institutions have mechanisms in the form of complex derivatives and other monetary tools to make far more money than the average Joe holding currency. Like it or not that's just a fact.

Young_SC   SKELFLA i take Baxter's ice cream and eat it is what i do ;ice-cream;

SKELFLA   Young_SC LOL what does that mean?

Young_SC   It means that i love to eat ice cream

Foxmulder   SKELFLA if and when they increase or change the value , the average joe will be able to exchange . And I do understand there can be 2 different values .

SKELFLA   foxmulder Not necessarily. Central Banks involved in the one belt could form an agreement to trade the Dinar in a closed shop fashion where the value to the outside world would remain essentially the same.

foxmulder   SKELFLA the one belt is something being looked at . Is it fully implemented.

SKELFLA   Catch you guys later. Out.

foxmulder   To be completed in 2049

Zig   FYI:.....What is China's one belt one road initiative?

China's 'One Belt, One Road' initiative. The 'One Belt, One Road' (OBOR) initiative is a Chinese economic and strategic agenda by which the two ends of Eurasia, as well as Africa and Oceania, are being more closely tied along two routes–one overland and one maritime.

foxmulder   Zig this is something not even actually implemented , perhaps in a very small way as of now.

Young_SC   Every naysayers answer to why IQD cannot revalue because Iraq cannot account for 42 trillion dinar lolol

Tebow   SKELFLA Like you have any substance. You like so many Gurus have nothing! Hide behind your statements and provide no proof. Simple as that as are you!

Zig   Young_SC : I don't know if I would classify him as a complete Naysayer......lol

 foxmulder   This gent doesn't hold dinar , his interest is a bit different than your average dinar holder .

Young_SC   Exact words in my head   Shows no proof    What else is new

Tebow   Funny how every single guru has a contact in the CBI and still knows nothing.

Young_SC   The oldest slogan within this investment is that my contact in the CBI 😂

Doug_W   Tebow R U Ready?

Tebow   SKELFLA foxmulder Not necessarily. Central Banks involved in the one belt could form an agreement to trade the Dinar in a closed shop fashion where the value to the outside world would remain essentially the same. TOTAL b*! TRYING TO SCARE PEOPLE!

foxmulder   Tebow all this drama when the simple fact is,that we wait and see what the final outcome is . And LET THE REAL CBI CONTACTS let us know the facts ...

foxmulder   Tebow I dont scare LMAO

Zig   Peeps in here don't scare easily.....otherwise we would be long gone.....lol

Tebow   foxmulder yes and these no nothings spewing there Crapola like the know something come out of the woodwork with no proof to back their statements and opinions.

 foxmulder   Tebow T Iraqi dinar is not even traded internationally until it is we know nothing

foxmulder   Tebow Agreed

madness   could not help but read that statement that they will have a closed value to the outside world, that has to be the dumbest thing I think I have read this year yet, that one takes the cake

foxmulder   madness stop LOLim dying

foxmulder   I do not have the documents I'll see what I can dig up but a country can have 2 different rates with their currency but I believe that has something to do with their accounting . But if there is a difference in value to the same currency it is very in significant

madness   gee maybe they will also have their own hidden forex exchange rate too so the world cannot see, only a guru with special dinar powers will be able to see the value

Tebow   Baxter just remember scammers are out there. Anyone on the internet can post credentials that can be FAKE. If someone want people to believe them they need post to all and not hide.

madness   I sent the cbi an email lets see if they respond, this is 2 times, they must not have anyone checking there emails

Tebow   madness what no CBI contacts

Tebow   Lol

xyz    Tebow Z got a cbi contact

madness   no I have no contacts, I just sent them an email to see if they respond

Tebow   xyz I know you do, he reports everything back to me!

madness    that is funny, all these gurus have a cbi contact and a treasury contact too, how convenient, a real federal treasury agent for the US Gov. would not even let one of these gurus pay to smell there dirty socks, let alone tell them anything

Tebow   After many years of watching this b*,. They all use the same line, got a CBI contact, can't show any proof, name call when not believed.

 madness   yeah or a military contact, or an iraq contact, bank president contacts, what are they posting on dinar sites for, they should be rich with all there so called contacts

Tebow   How come these people with so called important contacts hang around chatrooms. If they are so important this would the last place I'd be expressing my economic theory.

Young_SC   madness is that what SKEFLA said???

Young_SC   A closed value to the outside world??

Young_SC   Tebow lolol

Young_SC   Indeed you would think its private information that cannot be shared with anyone

 Sparky   Young_SC ... I could tell you, but I signed a NDA...

Sparky   ...No Da Admiral,... and, Da general...

SKELFLA   Tebow never said I had important contacts.  

Sparky   SKELFLA ...why are the institutional investors paying such a high premium, .02 USD per Dinar..?.. thanks.... if you can elaborate, would be appreciated...

SKELFLA   Sparky Not sure why I should bother.

Sparky   SKELFLA thanks for that, but didn't really address my question...

Sparky   SKELFLA ...IQD as silk road derivative is an interesting perspective...

Sparky   SKELFLA ...been buying for 18 months ? ... institutions amassing IQD at a significant premium... interesting, and potentially positive news !

SKELFLA   Sparky not sure you get , obviously you don't. Why would I put my 2 cents in if previously you're going to make claims about my credibility.

Sparky   SKELFLA ...huh ?

Sparky   SKELFLA ... simply asking for clarification...

SKELFLA   madness Really? Do the research on the "currency swaps" China has being doing with countries. Especially some African nations and if you're smart enough ( obviously not) you'll find two currency swaps that were executed at rates far different to their respective public exchange rates.

SKELFLA   Sparky I've already addressed this question. I have half a dozen theories two of which I've already posted. They are theories I'm not some conman guru just enjoy swapping theories with educated people  

Sparky   SKELFLA ... just sayin'...your buying at 20 times what I pay...

SKELFLA   Sparky I never said I paid that... But I know of institutions who have paid that fairly recently... Why? As I've already said before I don't have a concrete answer just THEORIES.

Sparky   SKELFLA ...oh, ok...you don't need to get all defensive... I / we just want to learn more about this investment / speculation...

Sparky   SKELFLA ...and what you have brought in, is very positive...imo...

SKELFLA   Sparky As do I. I'm not claiming to have all the answers but I'm a lot closer to this thing than the majority   on this board  .... Whether you believe that is entirely your decision...

SKELFLA   Call me arrogant ...but I'll go up against anyone who wants to belittle my statements... The most insightful person to date has been Kap until he made comments on a few things that I know to be total horse crap. So he went down in my books significantly.

Sparky   SKELFLA ... I'll take you at your word...until and unless you prove yourself otherwise... just wondering why institutional investors are willing to pay that high a premium...guess you are wondering also... even the principles are not privy to that information...thanks...

SKELFLA   Sparky 100% bang on. We are not currently privy to the reasoning and strategy behind these transactions. And myself and my associates are literally bang in the middle. And all of us have theories unfortunately the main theories do not include an RV. Could we be wrong ? Absolutely!

Sparky   SKELFLA ...can you elaborate on the quantities purchased ?

SKELFLA   Only the ones I have first hand knowledge of ..... There is also more than one institution involved. But to date I know of in excess of 50 billion dinar that has been successfully executed on. The major tranches are earmarked to begin in September and October and should be completed by November. I estimate those tranches will total in excess of 250 billion Dinar.

Sparky   SKELFLA very interesting. Thank you...

Sparky   SKELFLA ...my guess would be Reconstruction firms setting up... approx 300 million USD...hard currency...

Sparky   ...may get into ISX...

SKELFLA   No problem. And I understand the scepticism ... If what I say is true why would I come on a public board and make the statements I'm making... I'm wondering that myself ! Lol but at the same time I'm just passing the time and picking peoples brains is just something I enjoy doing.. Even a broken clock is right twice a day. Maybe there's someone out there than can put the pieces together.

Sparky   SKELFLA ok, thanks again...

 SKELFLA   Sparky  .. Your theory about construction firms would be valid except it doesn't explain the premium that's why my favourite theory is that the hard currency will form the basis of a derivative for trade.

 Sparky   SKELFLA yes, very interesting indeed..

Zig   SKELFLA : Aren't you glad you came??.....lol

Sparky   SKELFLA thanks for sharing...

 SKELFLA   Sparky But the one thing I do agree with Kap on is an overnight "RV/RI" is an impossibility. In my mind its an economical and mathematical impossibility. Also and I'm going to get stick for this but if such an event was going to take place I'm pretty confident my people in the Middle East and in Iraq would have given me a heads up... Which obviously they haven't.

Matt   SKELFLA Where are you from if you don't mind me asking

SKELFLA   Matt I was born In New Zealand... But grew up in the Middle East. Went to school in Sharjah during the Iran/Iraq was that's were I learnt Arabic & Farsi. My parents opted to send me to an Arabic school rather than an international one.

SKELFLA   * Iran/ Iraq WAR

Zig   We used to have a member named "Trade" who also claimed to have contacts.....another was "Wiley" I believe.....they used to say that there was far more Dinar printed than we would ever believe.....hundreds of trillions......Trade left because he claimed he was warned to shut up.....

SKELFLA  Zig first all, I don't claim I have contacts pertaining to an RV which the gurus keep bashing on about. But a large majority of my classmates are now in significant positions throughout the Middle East including Iraq.

SKELFLA   Zig How long ago did this mythical "Trade" leave?

Zig   SKELFLA : Not sure....at least several years.....the Mod may know.....

Zig   This chat started in early 2015.....

SKELFLA   Zig Ah OK.

Zig   Trade got into many fights with people who did not believe him.....

SKELFLA   There is a substantial amount of Dinar outside of Iraq but hundreds of trillions seems to be somewhat of a stretch.

Zig   Can't blame people for being skeptical....

SKELFLA   Zig And what did he claim ? What was his general theory?

Zig   SKELFLA : Been so long I don't remember....lol

SKELFLA   Zig I don't blame people at all. I've met and worked with my fair share of fantasists and total BSers over the years.

Zig   In general people did not like what Trade had to say.....was negative......

SKELFLA   Zig So basically he said there would be no RV?

Zig   Not the way we all hoped it would go down.....

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

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

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