IQD Calls Chat Friday Night 8-30-19 Part 1 of 2
.IQD Calls Chat Friday Night 8-30-19 Part 1 of 2
Zig SKELFLA : You may also enjoy chatting with "Sam I Am"......lol.....that would be interesting as well.....he thinks the whole thing is a scam......
JoeSchmoe say our usd wasn't what every other currency was pegged, so say it was pegged to the euro. And say our usd was exchanged at 1-1 to that euro. If all of a sudden the usd appreciated in value 10 times to the euro, and I had $100,000 in my account, would that increase in the exchange rate to the euro make me a millionaire?
Sparky Zig ... everyone's input and opinions help me navigate these waters...
JoeSchmoe imo, NO it wouldn't
SKELFLA Zig I know of him... But remember I'm not a proponent of the "overnight" RV I'm just trying to piece together a puzzle concerning these institutional transactions. So far it doesn't appear I'm going to he successful. Kap was one of my last hopes... which was obviously unfounded.
JoeSchmoe so if what I think above is accurate at all, and if skefla's thoughts are anywhere close to being accurate with 80% of the dinar being in country, then they only have to cover what is out of country
JoeSchmoe so the 72 trillion isn't what they have to cover
Sparky JoeSchmoe ...need to cover in country...imo...ie 80 %
SKELFLA JoeSchmoe What? Why would they only have to cover what is outside of Iraq? You mean to say that Iraq would become the worlds biggest charity to the detriment of their own people? Lol
JoeSchmoe Sparky why, when dinar is worth a dinar no matter what it is worth to other countries currencies
JoeSchmoe wouldn't the price of goods just increase? Use my example of IF our usd was pegged to something else
IQD Calls Chat Friday Night 8-30-19 Part 1 of 2
Zig SKELFLA : You may also enjoy chatting with "Sam I Am"......lol.....that would be interesting as well.....he thinks the whole thing is a scam......
JoeSchmoe say our usd wasn't what every other currency was pegged, so say it was pegged to the euro. And say our usd was exchanged at 1-1 to that euro. If all of a sudden the usd appreciated in value 10 times to the euro, and I had $100,000 in my account, would that increase in the exchange rate to the euro make me a millionaire?
Sparky Zig ... everyone's input and opinions help me navigate these waters...
JoeSchmoe imo, NO it wouldn't
SKELFLA Zig I know of him... But remember I'm not a proponent of the "overnight" RV I'm just trying to piece together a puzzle concerning these institutional transactions. So far it doesn't appear I'm going to he successful. Kap was one of my last hopes... which was obviously unfounded.
JoeSchmoe so if what I think above is accurate at all, and if skefla's thoughts are anywhere close to being accurate with 80% of the dinar being in country, then they only have to cover what is out of country
JoeSchmoe so the 72 trillion isn't what they have to cover
Sparky JoeSchmoe ...need to cover in country...imo...ie 80 %
SKELFLA JoeSchmoe What? Why would they only have to cover what is outside of Iraq? You mean to say that Iraq would become the worlds biggest charity to the detriment of their own people? Lol
JoeSchmoe Sparky why, when dinar is worth a dinar no matter what it is worth to other countries currencies
JoeSchmoe wouldn't the price of goods just increase? Use my example of IF our usd was pegged to something else
Sparky JoeSchmoe ... would equate to purchasing power for Iraqis...
JoeSchmoe I'm just trying to use kap's figures of there not being enough money in the world to cover it. THAT is just using a usd exchange too
SKELFLA JoeSchmoe You're playing checker economics ... Monetary policy doesn't work like that. I suspect you have listened to breitling one too many times. I could list a dozen things he has stated that a patently false.
JoeSchmoe imo, all these that say this are insinuating that iraqis that hold say 1 million dinar, are all of a sudden going to become millionaires
JoeSchmoe SKELFLA i have never listened to him. I am just trying to use what common sense I can think of
SKELFLA JoeSchmoe Fair enough...
JoeSchmoe maybe if the iraqis exchanged their dinar for usd, and used usd forever.
Sparky JoeSchmoe when the IQD rises in value, they can buy more at the store, with less Dinar...if my logic is correct...
JoeSchmoe Sparky I always thought the prices on goods would reflect the rise
JoeSchmoe and those prices wwould increase
Sparky JoeSchmoe ...why ?...
JoeSchmoe I'm not saying I am right, just trying to use common sense
Matt So we're all speculating and we all have our own opinions
JoeSchmoe Sparky use my example from above
JoeSchmoe about IF our usd was pegged to the euro
JoeSchmoe instead of having every currency pegged to us
JoeSchmoe what would happen to my $100,000 in the bank if the rate rose, say for a obvious stupid example, 10 times. Would I then be a millionair?
Sparky JoeSchmoe ...not sure of why you would think products would rise in cost...
JoeSchmoe Sparky maybe I'm just getting confused, as goes with this whole thing. But I think something would happen to reflect the increase
Sparky JoeSchmoe ... again, not sure...but I have an account in Iraq... just in case... digital / electronic...
JoeSchmoe Sparky through warka? or forex
Sparky JoeSchmoe yup...
JoeSchmoe would that money, if an increase occured, be in dinar or dollars?
Sparky JoeSchmoe easily convertible...as to hold an account, must have both USD, ...and IQD... I m currently getting 6.5 % interest in my Warka account...
JoeSchmoe Sparky are you of iraqi or middle eastern decent? Not saying it matters, just wondering because you have this.
Sparky JoeSchmoe nope, Irish American...lived here all my life...
JoeSchmoe gotcha. Just opened the account to deal with this whole thing?
Zig Sparky : Did you ever try and withdraw some of your money in Warka??
JoeSchmoe might not be a bad thing to play the iraq stock market, if youre smart enough to do it.
Sparky JoeSchmoe yup, and to try and cover my bases, if they change currency...ie...IQR...
Sparky Zig no...not even sure if I ever will be able to...
JoeSchmoe Sparky yea, that went through my mind back when warka, or whatever it was, made it so we could open accounts
JoeSchmoe but I wwanted to have it more tangible, that I could actually hold it
Sparky JoeSchmoe ... agree... I prefer it in my hand...
JoeSchmoe Sparky do you have ALL your dinar with warka? or some in hand too
Sparky JoeSchmoe ...maybe, 10 % in Warka...
JoeSchmoe smart okay, enough dinar. Got better things to do today lol
Sparky JoeSchmoe ...will probably go via a brokerage firm when the rate changes...and, Warka is on line with the ISX...
Sparky ...Citi Bank will be my first call...
Baxter 8-30-2019 Newshound Guru Jeff ...keep in mind Iraq is still under UN Chapter 7 sanctions...Notice how the UN is back in Iraq over the last few days...Iraq is fulfilling its obligations to get out of Ch. 7 to become international. And notice how they're doing it in Q3. Article quote "Commitment show by Iraq in fulfilling all remaining international obligations..." This is showing you Iraq is on its way out of Ch 7 and that's why the UN is there now. This is huge...
Zig Baxter : I invited Jeff a couple of times recently.....he asked for the link but so far has not come.....
Baxter Zig.. I know you did.. probably looked at us..and ran
Zig LOL......True.....
Sparky. .. SKELFLA may be the real deal, let's give a chance...
Zig Who knows... I am skeptical of everything.....but it can be fun.......
Sparky ... interesting input by Skelfla...think it's legit...
Young_SC Sparky you think everything is legit so why not the other gurus like Beni lol
Sparky Young_SC ...can you dispute anything said by Skelfla?
Dave Sparky SKelfa? a lopstert
SparkyDave yes, new contributor to the room...
Dave Sparky Contributing what....../
Sparky Dave ... thoughts,
Dave school buds in high places...?
missme If this is an opinionated chat, why is anyone penalized for challenging the opinions of others?
SKELFLA You guys are quite the bunch!
Dave SKELFLA HOWDY.....
Dave welcome to the Asylum
SKELFLA Tebow And what is it you do exactly? From what I've seen nothing you say has any substance whatsoever..
Tebow SKELFLA From what I see neither do you!
Sparky SKELFLA no offense meant...
SKELFLA Sparky none taken... I expect people to take shots I would do the same.
SKELFLA Dave I was very disappointed with my discussion with Kap today for someone who has been in this thing for as long as he has and purports to have done his research he is a little clueless about the mechanics of global monetary systems. Not putting him down just a little disappointed.
Young_SCSKEL FLA its better for someone to stay quiet then to come into a chat room to create false narratives
Young_SC My CBI contact??
SKELFLA Young_SC What false narratives have I been propagating?
Young_SC SKELFLA the amount of dinar in CIRCULATION
Young_SC NO ONE KNOWS PLAIN AND SIMPLE
SKELFLA Dave The very fact you claim my statements are b* contradicts your own argument!
Dave wrong Kap DOES!
missme SKELFLA If you honestly feel that way, why does what he say bother you? It seems to me that you are secure in your opinions?
Young_SC SKELFLA And your CBI contact nonsense talk
Dave SKELFLA not refering to you at All?
Sparky Young_SC ...can you prove wrong yet ?
Young_SC NO CBI OFFICIAL WILL EVER LET CONFIDENTIAL INFORMATION OUT TO ANYONE
SKELFLA Young_SC Once again I need to clarify myself! The facts are clear there are over 42Trillion in circulation... That's a fact!
Sparky Young_SC ... consultant...only shared basic information..
Tebow Zig I'm doing pretty good at staying out of the gutter, huh?
SKELFLA Young_SC What confidential information would that be?
Dave SKELFLA How much of that is CBI currently sitting on?
Dave just because they could be sitting on it need nort mean ots out of circulation
missme Even though I can appreciate all opinions, in my opinion, much talk is pointless because we simply are not well-informed enough of what the CBI is actually doing or going to do....it's all speculation...
SKELFLA Young_SC Nonsense talk really ? When and if Baxter contacts me I'll send him a video of a seminar where I'm the guest speaker ! A CBI seminar five years ago where a blond eyed European ( that would be me ) is speaking Arabic during the whole call!
Young_SC SKELFLA Where is your proof? I'll wait
Tebow missme correct
Zig WE WANT PROOF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Dave Zig some prefer crystal balls
Young_SC Dave lol
Young_SC SKELFLA but yet you are here? For what reason
SKELFLA Young_SC Honestly I'm wondering myself... Originally it was to have a chat with Kap. Now that's done .... I suppose it must be ego... Not sure ... I find it entertaining for sure
Dave SKELFLA How much of that note count is CBI currently sitting on?
SKELFLA missme I don't know other than an educated guess. But I know for a fact how much they have stored outside Iraq mainly by throughout out Europe.
Dave Air Force One is loaded with dinar i hear
Sparky Dave ... billions over Baghdad...
missme SKELFLA Educated guess is not sufficient....and what you claim to know still does not warrant anything conclusively concerning the CBI and its desired outcome....
SKELFLA missme really ? Okay I'll give you something ! Even Kap will not know this.... The IMF has a redemption programme in place to buy Dinar at a premium from pre approved institutions that have purchased Dinar including foreign central banks such as the ECB.
Sparky missme ... sound educated...
Tebow Sparky Google it
missme SKELFLA Your information still does not warrant a conclusion of what the CBI is going to do....that's my point! You yourself has already agreed to that as to your cumulative theories....
Sparky SKELFLA ... interesting...
Sparky Tebow ... how do you spell Google ?
SKELFLA missme What? Lol if you are going to take me on at least get your grammar right! "Warrant a conclusion" don't try so hard ! Lol
Dave SKELFLA Could you provide the link for that
SKELFLA missme But yes , you are correct I don't know what the CBI's intentions are and I'm pretty sure neither do they !
SKELFLA Dave To what ? A link to what ?
Dave SKELFLA Nor did they when I first invested......
Tebowpay attention
missme SKELFLA I'm not engaging you as to your allegedly intellectual prowess on the IQD....you can question my grammar all day long as I'm not in a chat for grammar purposes...thank you for your admission that I am right as that is my point to you and everyone else...
Dave The IMF has a redemption programme in place to buy Dinar at a premium from pre approved institutions that have purchased Dinar including foreign central banks such as the ECB. SKELFLA
Dave aand how much of this note count is CBI sitting on currently
SKELFLA Dave Its not public knowledge..and yes, I know the criticism that will now be slung my my but its a fact. And that will definitely be made public before the end of the year.
Sparky SKELFLA ... still on your side...
Dave ASked Kap too....no response
SKELFLA Dave If he had known he would have said something during our discussion today. He didn't.
Sparky SKELFLA ... sounds legit...
Dave Sparky speculative at best!
Tebow Dave yes
Sparky Tebow ...S said previously, not personally invested... just seeking opinions as to why institutional investors would pay a very high premium, to get in this game...
SKELFLA Sparky That's 100% correct.
SKELFLA But TEBOW then proceeded to call me a dinar pumped?!?! Lol
Dave SKELFLA BUY DINAR CHEAP ON EBAY >>>WHY PAY A PREMIUM?
Sparky Dave ...that would be the question...
Dave must be BAD investors SKELFLA ILL take a DIMe NOWWWWWWWWW
SKELFLA Dave Good point... But the dinar the institutions are buying are in quantities than no reseller could come close to filling plus as I have stated previously there are other prerequisites including but not limited to CBI approval.
SKELFLA Dave Also Dave with all the KYC & AML regulations in place do you really think an institution is going to be allowed to buy Dinar via eBay??? What compliance department would approve that?
Sparky SKELFLA ...and am seeking a profitable outcome... otherwise, I wouldn't be wasting my time...
Sparky SKELFLA ...only constant is change, and time is our most precious commodity...
Dave TRy toronto dinar exchange.......buy 100m dinar today
SKELFLA Technically the CBI is not allowed to sell IQD offshore. Something even Kap doesn't know.. So things become very complicated as the institutions clearly stipulate CBI clearance .....
SKELFLA Dave You keep missing my points... Those exchanges cannot provide the documentation not even close... Its a completely different ball game.
Dave SKELFLA I see next chat will be no documentation.......counterfeit
foxmulder SKELFLA if the C.B.I is not allowed to sell offshore or out of country then please clarify off shore ! as far as I know it is legal to sell I.Q.D in the US , amount of sales should not matter .
Sparky SKELFLA .. your only talking 300 million USD...
SKELFLA foxmulder Incorrect... None of the dinars sold through those exchanges have been legally sanctioned by the CBI. The majority of that Dinar was taken out of iraq illegally ...
foxmulder SKELFLA I will not need documentation if and when I exchange.
Sparky foxmulder ... correct...
foxmulder SKELFLA b* it is allowed through the US treasury period . if it was questionable then we could not buy it
foxmulder the C.B.I knows exactly about the dinars sold in the US
SKELFLA foxmulder As I have stated previously I'm not an believer in a mythical overnight RV. That is clearly an economical and mathematical impossibility... I have a huge disdain for all the b* these so called gurus propagate.
Dave foxmulder thought big wigs in banking would know the rules
foxmulder SKELFLA I never said I was either , but I do know currencies fluctuate ! that is my hope a swing in the positive direction.
SKELFLA foxmulder I'm not disputing that ! Yes of course they know about the speculation they have made money of it. And its not illegal to own dinar. But technically its illegal for Iraq to export dinar specifically to speculators.
Dave foxmulder i think SKELFLA is trying to tell us we are allscrewed
foxmulder SKELFLA all currency trading is speculating > as is all trading of stocks and currencies.
SKELFLA Dave No not necessarily. But I also believe that whatever it is that is going on may not necessarily impact the average speculator.
Tebow US Treasury Registered:
SafeDinar.com is registered with the United States Treasury as a Money Service Business (MSB). Seems legal to me!
Sparky Dave ...no...he knows only that institution investors, are playing...
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
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.
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
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.....
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 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.
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.
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
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.
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
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!
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.
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
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
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
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
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
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
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
chattels IS has “changed its approach to security since 2018, becoming more secretive” about who their leaders are.
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.
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."
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.
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!
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
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.