IQD CALLS Chat Friday Night 3-13-20
.IQD CALLS Chat Friday Night 3-13-20
Matt Huge upswing 9+% in the Dow, S&P, Nasdaq www.iqdcalls.com/Markets.html
xyz Matt Z lost a lot of money. This morning Z almost got a heart attack
Matt xyz Yes Mkt was down big in the am
xyz Corona plus 401k got is no joke unless you a floating guru that can float from ... to ...
chattels US CENTCOM Commander: Iraqi authorities knew there would be a response to the attack on Taji Base.
chattels When the official facebook page of Iraqi Ministry of Health re-published Sadr's tweets on his "instructions" for doctors & other on Covid-19, you get a sense of how dysfunctional & shaky the health institution is.
chattels The word dysfunctional applies to most everything in Iraq.
IQD CALLS Chat Friday Night 3-13-20
Matt Huge upswing 9+% in the Dow, S&P, Nasdaq www.iqdcalls.com/Markets.html
xyz Matt Z lost a lot of money. This morning Z almost got a heart attack
Matt xyz Yes Mkt was down big in the am
xyz Corona plus 401k got is no joke unless you a floating guru that can float from ... to ...
chattels US CENTCOM Commander: Iraqi authorities knew there would be a response to the attack on Taji Base. https://twitter.com/DavidMWitty1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
chattels When the official facebook page of Iraqi Ministry of Health re-published Sadr's tweets on his "instructions" for doctors & other on Covid-19, you get a sense of how dysfunctional & shaky the health institution is. https://twitter.com/M_Balsam/status/1238545306821824513
chattels The word dysfunctional applies to most everything in Iraq.
chattels Given the situation, a few words on the current Iraqi Health Minister, Jaafar Allawi, are worthwhile. #InsideIraqiPolitics subscribers will note that we covered his election last October in No. 203/10-11. His nomination was surprising as he had lived outside Iraq since 1972.
chattels Dr. Allawi - a relative of Iyad Allawi, but not a member of his party - is an endocrinoligist, and apparently a fairly distinguished one.
chattels I tried looking up his bio on the ministry's website, but it turns out that the Iraqi Health Ministry's website isn't working (at least I can't get it to come up). Maybe this is why they are dependent on Facebook. Not encouraging. https://moh.gov.iq
chattels https://twitter.com/UticaRisk
chattels How the U.S. Can Stop the Surge of Deadly Rocket Attacks in Iraq
Americans in Iraq are being killed by Islamic State terrorists and government-backed Shiite militias. Is there a better response than more missile strikes? https://www.politico.com/news/magazine/2020/03/13/iraq-airstrikes-shiite-militias-islamic-state-128210
biff Them missiles are a timer. Once the launcher is set up on the vehicle or ground they set the timers and leave the area
chattels " ............. the U.S. should toughen its mindset, quietly bringing the force protection assets into Iraq that it needs (i.e., Patriot missiles and anti-rocket close-in defenses) without further consultation with an Iraqi government that would rather adopt a “don’t ask, don’t tell” approach.
And finally, the U.S. should let the militias keep over-reaching, keep showing their hand as would-be dictators under Iran’s control, while the U.S.-led coalition keeps helping Iraq to defeat the Islamic State. This is a game we can win."
biff Durning the war they would ice in the tube. Once the ice melts the primer hits the firing pin the missile launched
chattels Friday, March 13, 2020 As Talk Of Expelling US Forces From Iraq Dies Down Attacks Upon Americans Pick Up
http://musingsoniraq.blogspot.com/2020/03/as-talk-of-expelling-us-forces-from.html
chattels Retired Prime Minister Adil Abdul Mahdi informed the Americans that Baghdad wanted them to withdraw, but then nothing happened. That was because the government fell into crisis over its inability to select a new premier to replace Abdul Mahdi.
With nothing happening on the political front Tehran might have authorized its allies to move back to the use of force to harass Washington. That would mean Iran and its friends are undeterred by American retaliation and these types of incidents could continue for the foreseeable future.
chattels Photo of missile set up. https://twitter.com/JoelWing2/status/1238502460810903552/photo/1
biff Home Made
biff Same missiles used against Isreal
chattels 2020: IRAQ’S PERFECT STORM
Posted by Iraqi Thoughts | Mar 2, 2020 | https://1001iraqithoughts.com/2020/03/02/2020-iraqs-perfect-storm/
chattels The continued protests, coupled with the lack of leadership and the looming economic crisis make for a perfect storm in Iraq as it approaches the searing heat of its summers. The political elite need to think about the next four to six months and work towards solutions to the above-mentioned problems.
Otherwise they could see themselves as the former political elite of the country as Iraq descends into further instability and greater chaos.
chattels A change in the political elite may be the cure for what ails Iraq, but it will be very messy for awhile.
Wilder Dave COVID-19 pandemic means it's time for Canada to get serious about aggressive social distancing: experts. So one is a carrier of this virus which spreads it around without the synptoms?
https://nationalpost-com.cdn.ampproject.org/v/s/nationalpost.com/news/covid-19-pandemic-means-its-time-for-canada-to-get-serious-about-aggressive-social-distancing-experts/amp?amp_js_v=a2&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fnationalpost.com%2Fnews%2Fcovid-19-pandemic-means-its-time-for-canada-to-get-serious-about-aggressive-social-distancing-experts
sandyf @Kaperoni sandyf As for floating the currency, it is the natural progression to get off the peg once the create the conditions for a private sector/market economy.
"getting off the peg" is not a natural progression for an emerging economy, it is a desperation measure used by countries in trouble. If it was a natural progression, Kuwait would have done it years ago.
I would certainly agree that there will be no overnight RV and any redenomination would be at least 2 years away.
Kaperoni sandyf Unfortunately Sandy you do not know what your talking about. But I will help with a few links...
Kaperoni https://www.imf.org/external/pubs/ft/op/256/op256.pdf
Kaperoni https://www.imf.org/external/pubs/ft/wp/2004/wp04126.pdf
Kaperoni https://www.imf.org/external/pubs/ft/issues/issues38/ei38.pdf
Kaperoni https://www.imf.org/external/pubs/ft/op/193/chap3.pdf
Chattels Deputy: Today's crucial meeting of the Seven Committee to resolve the file of the Prime Minister
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817449
chattels "the Seven Committee will hold its last meeting today to resolve the personal choice file to fill the position of Prime Minister-designate to replace Muhammad Tawfiq Allawi, who failed to form his government."
Chattels Al-Ziyadi to / Nina /: Representatives collect signatures to nominate a personal prime minister away from the Seven Committee and leaders of political blocs
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817432
chattels A source ruled out holding a session of Parliament before appointing a new Prime Minister
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817417
chattels The source said to / NINA that the House of Representatives will not hold a regular session during the current period, due to the spread of the Corona virus. Almost. "
chattels Legal expert for / Nina: Iraq can withdraw from the international coalition after the American assault
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817415
chattels Al-Tamimi added: Iraq can submit a complaint against the violation of its sovereignty to the Security Council in accordance with Articles 1, 2 and 3 of the UN Charter.
It is clear that: Iraq can withdraw from the international coalition formed under Resolution 2170 issued by the Security Council in the same way.
chattels One hundred dollars between 120 and 121 thousand dinars on the local stock exchange
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817461
IQD CALLS Early Friday 3-13-20
.IQD CALLS Early Friday 3-13-20
Sandyf @Kaperoni sandyf That being said I think you need to read the IMF article for consultations with Iraq and you will find that they are encouraging the CBI to accept Article VIII to send a message to the world that they are open for business.
I read the IMF publications as a matter of course. The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly.
At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain.
Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
sandyf @Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not.
Garbage. Only currencies on a floating exchange rate are driven by market forces. Fixed rate is exactly that,"fixed".
Forex is a relationship trading vehicle, trading is done in pairs, just because a fixed rate currency is part of a pair does not mean it's value is changing.
IQD CALLS Early Friday 3-13-20
Sandyf @Kaperoni sandyf That being said I think you need to read the IMF article for consultations with Iraq and you will find that they are encouraging the CBI to accept Article VIII to send a message to the world that they are open for business.
I read the IMF publications as a matter of course. The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly.
At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain.
Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
sandyf @Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not.
Garbage. Only currencies on a floating exchange rate are driven by market forces. Fixed rate is exactly that,"fixed".
Forex is a relationship trading vehicle, trading is done in pairs, just because a fixed rate currency is part of a pair does not mean it's value is changing.
Kaperoni sandyf For the most part you are correct. Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I o expect sooner or later if they want to diversify their resources they will accept it.
As for floating the currency, it is the natural progression to get off the peg once the create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit."
I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do..wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes.
Again, Egypt and other countries that have chosen to float are not Iraq. I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1.
Xyz wife of Canadian Prime Minister, tests positive for coronavirus
mod Interview From Inside China ~ Return to Normal, Business' Reopening CORONAVIRUS https://iqdcalls.com/cvirus.html
Chattels US Defense Department: we have struck Iraqi Hezbollah militia weapons facilities throughout Iraq to reduce their capabilities. LINK
chattels Joint operations reveal the outcome of the US bombing losses and describe it as a "violation of partnership leading to escalation" https://www.rudaw.net/arabic/middleeast/iraq/130320204
chattels Bader leader calls for declaring emergency: We live in a state of war https://www.rudaw.net/arabic/middleeast/iraq/130320205
Doug_W well then kick out the Iranians
Futuremoney Iraq is a black hole
Doug_W Silver:$15.78 -0.36 more cents today again
Baxter Dow Jones back up over 1000 points
Doug_W what a ride eh?
Baxter yeh.. someone is making money
Doug_W always but not us
Baxter for sure
Mod Baxter Insiders may no the Chinese back to normal almost
mod Chia^
mod You can't believe everything you hear on both sides, especially the news there ridiculous
mod I'm not saying don't take care of yourself but there trying to control the heard (Us) with fear it seems
Doug_W mod makes sense
Matt Dow Jones Industrial Average INDEXDJX: .DJI 21,843.36 +642.74 (3.03%)
Doug_W wow that's better
Doug_W Silver:$15.48 -0.66
Weatherford TX Just checking in to see if anyone is believing all the pumpers out there. Just wait the next delay will be blaming the Corona Virus for the delay. To many people gathering together to exchange.
Doug_W Silver:$14.73 -1.41
Doug_W Gold:$1,528.30 -67.43
Dave in waitful anticipation of chattels brining in some news?
Dave good news.......???
Dave well.....no news is good news i hear esp lately
chattels U.S. Central Command Briefing on Airstrikes in Iraq -- LIVE now online here: https://twitter.com/cspan/status/1238447395517710343
chattels Iraq will file a complaint with the United Nations and the Security Council regarding the American forces assault on the headquarters of the army and the crowd / expanded
Friday 13, March 2020 https://ninanews.com/Website/News/Details?key=817363
chattels Tariq Harb: The constitutional fifteen days are an organizational period for choosing the new prime minister and can be extended
Friday 13, March 2020 https://ninanews.com/Website/News/Details?key=817345
chattels Deputy: The Seven Committee will present a candidate for prime minister in favor of next week
Editing Date: 12/3/2020 19:37 • http://www.alliraqnews.com/modules/news/article.php?storyid=87889
chattels "the political blocs are currently studying a number of names to take over the position of prime minister and will present the final candidate to all Kurdish and Sunni political forces," noting that "the committee has not resolved the prime minister's personality yet."
chattels Parliamentary Economy proposes to the government 8 measures to manage the financial crisis
Editing Date: 12/3/2020 14:55 • http://www.alliraqnews.com/modules/news/article.php?storyid=87870
chattels " ............ Reviewing the exchange rates from the Central Bank of Iraq to ensure prices that do not affect the citizen .........."
chattels Whatever the foregoing means ????????????
Dave Canadian dollar sure has been crashing tooo
Dave Global recession?
chattels Likely does not mean that the exchange rate will " improve ". No need to protect the citizenry from betterment.
Doug_W what a rats nest over there
chattels Parliamentary Finance: The emergency budget is limited to paying salaries and conducting elections
Editing Date: 11/3/2020 18:24 • http://www.alliraqnews.com/modules/news/article.php?storyid=87824
Dave Doug_W invest in that
chattels Saleh said in a press statement that the drop in oil prices to less than $ 30 for a non-short-term period means, of course, dealing with a major financial-economic shock based on the absence of important sovereign resources and the deprivation of the general budget from them, taking into account that the country's budgets depend 92% on Oil revenue.
Doug_W already have
Dave Rat traps?
Dave 92%........
chattels Abdul Mahdi directs a series of measures to mitigate the negative effects on the economy
Editing Date: 11/3/2020 17:59 • http://www.alliraqnews.com/modules/news/article.php?storyid=87817
chattels The meeting was attended by the finance, oil and planning ministers, the governor of the Central Bank and a number of agents, consultants and economic experts.
Baxter Stock Market up almost 2000 points...as Trump speaks..
Chattels So this is "caretaker" PM Adil Abd al-Mahdi's speech from Wednesday, with my comments below. His main point is that Iraq is not about to collapse totally, which I guess is true if you set the bar for what constitutes "collapse" high enough. https://youtube.com/watch?v=oX-fxrd6j34
chattels Right off, mins 1-4, he makes what I think is an absurdly wrong statement about the oil collapse, saying that a 50% drop in oil prices would still leave Iraq with $30-40bn instead of $75bn before.
That can't be right. Fixed costs of oil production means that if oil prices are reduced by 50%, Iraq's revenue should drop much faster, because the fixed costs including payments to IOCs are going to take up a much larger portion of $35bn than $70bn. Our oil experts can provide more precise figures, but it can't be a proportional drop. https://twitter.com/UticaRisk
Chattels Next Abd al-Mahdi says Iraq won't go insolvent bc of the oil collapse. This is true, but the reason he gives for this is misleading. He cites Iraq being 34th in the world in PPP, but that's Iraq's total GDP. Iraq has a larger GDP in PPP terms than several European countries but this has no relationship to Iraq's solvency. Iraq has a larger GDP in PPP terms than Norway but does not have similar credit worthiness. He later does mention borrowing from the CBI, which will have to keep Baghdad afloat in 2020.
Chattels " .............. the CBI, which will have to keep Baghdad afloat in 2020."
Dave 1.35 here
Doug_W chattels amazing
Baxter yeh.. a liter whoopie
Doug_W 3.76 liters a US gallon
chattels Abd al-Mahdi says SOMO thinks that the rebuilding of reserves around the world will make a substantial difference in oil demand. I doubt that. He is right that shutting down shale wells in the US will help, but a gradual increase over 2020 to $50-60 leaves Iraq in a huge hole.
Dave "afloat in 2020.".......
chattels At min 18 he says oil could cover operational expenses. No way it will do that this year. Parl't Finance Comm Chairman Haytham al-Jiburi says that oil revenues are over $6bn short of just covering salaries, pensions & similar basic payments.
chattels Abd al-Mahdi talks about coronavirus at min 20 and makes statements I find credulous. He first mispeaks & says Iraq's infection rate is 1.8%, then corrects to 1.8 per million, then compares this favorably to figures published in European countries. There is a problem here.
Dave Kap will catch that......
chattels While it is true that Iraq's officially reported figures to WHO are about that, 70 total as of March 12, I can't believe AAM finds these numbers credible. Given how quickly the virus has spread in Iran & elsewhere & the amount of contact there has been, that # can't be real.
Doug_W nope
chattels AAM: he closes the speech by talking about progress in agriculture under his govt plus the new China deal (both favorite topics). I'll note that there is a fair amount of criticism of the China deal, & it can't be approved until there is a new govt.
chattels AAM also talks about the large amount of waste in the budget that could be cut, & "dead money" sitting in accounts unspent in various places that can be used to plug the hole. That raises the question of why he didn't address these things last year.
chattels In sum: AAM is probably right the Iraqi state is not going to just collapse entirely, but given the existing urgent need for CapX investment, going a lengthy period of time with almost no investment + growing population means Iraq got closer to a permanent dead end under him. https://twitter.com/UticaRisk
chattels Incredible to step back and realize that Iraqi leader presiding over late-stage plummet to insolvency and complete collapse basically defends status quo by saying "it's not the end of the world yet." https://twitter.com/tcambanis
chattels More astounding is after the 24 min talk full of inaccuracies and empty talk he tells those present I called meeting to try identify problems Iraq faces. After all these years and his time in office, he still needs to identify the problems? When does he start making decisions? https://twitter.com/iraqoilforum/status/1238487103056547840
chattels I actually hit "pause" and didn't listen to the last 30 seconds, but it is interesting he says they need to talk to identify problems, then decide at some point on whether the "caretaker" govt can pass the budget. He should have been an academic. https://twitter.com/UticaRisk
chattels I've lost that " RV " feelin'.
Baxter CHATTELS... SO HAVE I.... I have completely disregarded Iraq in this anymore... and have flipped over to the GCR possibility.... Mainly because that is the only possible way.. this will ever happen..
chattels https://www.youtube.com/watch?v=uOnYY9Mw2Fg
chattels You've Lost That Loving Feeling ................. Righteous Brothers.
Dave PEEPS wont stand for this much LONGER??????
Baxter 4 days... and I start my 15th year..
chattels Okie told us to relax, but ..........................
Baxter HA
Dave Baxter LOST ALL FAITH in their Parliament.........
Dave Coup only solution imo
Baxter GCR...GCR..GCR..
chattels Pentagon retaliates after deadly Iran-backed strikes on US troops Jack Detsch March 13, 2020
Read more: https://www.al-monitor.com/pulse/originals/2020/03/pentagon-retaliate-iran-backed-strike-us-troops.html#ixzz6GbQBXCFJ
Dave chattels and Iraq files a claim to UN against the US?????
Baxter Stock market up 1985 points...done for the day
Dave Who do recommend to learn about this GCR?
Baxter well.. PTR has been working on this GCR for over 5 years now.... and they do have some very good points.. Im not saying they are right..but I am saying.. dont rule it out especially right now...with the way the world is
Dave Go ZIM????
Baxter Ha... not hardly
IQD CALLS Thursday Evening 3-12-20
.IQD CALLS Thursday Evening 3-12-20
Clay this hysteria is gonna be the downfall of our economy not Trump
Baxter I think Baseball Season is postponed also..
Dave What does Trump have to do with this?
Clay nothing
Dave thought so
Clay but he will be blamed for not acting quick enough and the economy
Dave par for the course
Clay yet the CA governor praised his efforts Gaven I think is his name
Clay how is it up by you
Dave CNN reports 200000 respirators short
Clay saw that
IQD CALLS Thursday Evening 3-12-20
Clay this hysteria is gonna be the downfall of our economy not Trump
Baxter I think Baseball Season is postponed also..
Dave What does Trump have to do with this?
Clay nothing
Dave thought so
Clay but he will be blamed for not acting quick enough and the economy
Dave par for the course
Clay yet the CA governor praised his efforts Gaven I think is his name
Clay how is it up by you
Dave CNN reports 200000 respirators short
Clay saw that
Dave Clay ! confirmed case on the Island
Clay ok keep us posted
Dave Big Island
Clay thanks
Dave told to self isolate
Dave 1 death in Canada....89 yrs
Clay thats good news
Dave like to see 89.....
Baxter https://apnews.com/cde3900cffe0575e9f616c4609a41269 NHL..Dave
Dave wait until a player catches it
Baxter First two weeks of baseball..at least... is cancelled
Doug_W Baxter just heard on FOX Ohio shut down
biff Dave will there be an RI
Baxter Yep... all schools
Baxter 3 weeks
biff long vacations
biff Dayum China
Dave like we never seen a Flu before.....
biff scare tactics
Dave hope your right.....
biff spanish flu was the worse flu ever
Dave over 100 million toast
biff During the spanish america war in cuba We had ebola here
Biff This is a BIO Weapon
Dave yes i see them Chem Trails.....
biff to cause fear and panic
biff Dave how high will the dinar float. How High!
Biff Some say it will start at 1.34 Dave
Dave CBI never indicated a rate....IDK
Clay 3.22
biff I hope clay
Dave " biff i take a nickle now....please
Dave anything else would be a LOP
biff no nickles dream quarters lol
biff Dream 3.22 by the I did not win the powerball
Biff I was in Kuwait
Baxter I bought my first dinar...from Fifth Third Bank..
Biff Got mine at money exchange in Kuwait
Clay mine was from a company called GID and then my ban First Citizens
Clay funny dont they even sell anymore
Dave banks here cant sell exotic currencies
Clay when I had my dinar stolen the insurance wanted receipts GID couldnt get or sterling lol
Baxter I kept all of my receipts... at least most of them
Dave Baxter WHY?
Baxter Dont really know
Baxter but I have them stapled with the dinar they came with
Baxter I think at one time..the gurus said you had to have proof of purchase
Dave Black light worked fer me
Dave and.......... did learn those arabic numerials to ensure notes had sequential serial numbers......
Dave call that OCD?
TWWIII Took my break today & went to my currency supplier. Nice day to buy silver. While I was there it dropped another 7 cents so I paid 15.80 for each round & each bar. Time to buy silver,but I think it will drop by another 6-12 cents by tomorrow..
Doug_W TWWIII silver is actually up 10 cents from earlier
TWWIII I bought mine at 1:45today
IQD CALLS Early Thursday 3-12-20
.IQD CALLS Early Thursday 3-12-20
Wilder LOCAL NC governor declares state of emergency as state deals with coronavirus
Wilder Donald Trump Hasn’t Been Tested for Coronavirus Despite Possible Exposure, Says White House
xyz Hospitals Prep For 96 Million Infections & 480K Deaths
Wilder Trump had contact with congressmen Collins and Gaetz before they self-quarantined over coronavirus concerns.
Wilder xyz this could get real ugky. Financial woes for families.
Wilder New word. UGKY
Wilder Bad news. 7 miles away from me. Miami University moving classes online amid COVID-19 outbreak
IQD CALLS Early Thursday 3-12-20
Wilder LOCAL NC governor declares state of emergency as state deals with coronavirus
Wilder Donald Trump Hasn’t Been Tested for Coronavirus Despite Possible Exposure, Says White House
xyz Hospitals Prep For 96 Million Infections & 480K Deaths https://www.zerohedge.com/health/leaked-covid-19-documents-hospitals-prep-96-million-infections-480k-deaths
Wilder Trump had contact with congressmen Collins and Gaetz before they self-quarantined over coronavirus concerns.
https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2020/03/09/collins-gaetz-had-contact-with-trump-before-coronavirus-self-quarantine.html?amp_js_v=a2&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15838789098560&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2020%2F03%2F09%2Fcollins-gaetz-had-contact-with-trump-before-coronavirus-self-quarantine.html
Wilder xyz this could get real ugky. Financial woes for families.
Wilder New word. UGKY
Wilder Bad news. 7 miles away from me. Miami University moving classes online amid COVID-19 outbreak
Wilder https://www.wcpo.com/news/national/coronavirus/miami-university-moving-classes-online-amid-covid-19-outbreak
Xyz Mini RV: company is reportedly paying volunteers around $4,500 to be infected with the new coronavirus, COVID-19. https://www.wtxl.com/news/report-company-paying-people-to-be-infected-with-coronavirus
xyz Bernie Sanders calls long lines at Michigan polling stations an "outrage," suggests Dems are engaging in voter suppression https://www.newsweek.com/bernie-sanders-calls-long-lines-michigan-polling-stations-outrage-suggests-dems-are-engaging-1491592?utm_medium=Social&utm_source=Twitter#Echobox=1583887149
xyz Study: Corona may be more widespread by air conditioning
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&sl=ar&sp=nmt4&tl=en&u=https://www.faceiraq.org/inews.php%3Fid%3D7618986&usg=ALkJrhhPn9oJU4Qj6-NIMH4B7cVXWSqbEQ
Jimmy Lee Wilder exactly...spooky
Wilder xyz i would think heating systems as well with the return air system.
TWWIII Not posted yet??? Here is an article & pix of Iranian gov officials that have Corona Virus Pix of the ones died already: : https://english.alarabiya.net/en/features/2020/03/09/Iranian-regime-figures-infected-and-killed-by-coronavirus.html
Whitelions Reducing the Iraqi dinar exchange rate - determinants and alternatives -........... I translated the pdf on this article it's on our blog
Whitelions it'sput out by the CBI
Whitelions Zig tell kap no because the key word in the article is FORMER minister thats like Obama telling Trump what he should do its not going to happen .
Doug_W NOW is the time to invest in silver its DOWN to $16.20 that is -0.71
Doug_W that is my opinion anyhow~~
jimmy Lee trading halted for 15 mins.
Doug_W Jimmy Lee Silver:$16.08 -0.83
Matt Dow Jones Industrial Average INDEXDJX: .DJI 21,856.91 −1,696.31 (7.20%)
MARKETS ON HOLD https://www.iqdcalls.com/Markets.html
Doug_W this is ALL do to "panic" knee jerk reactions instead of common sense
Jimmy Lee Doug_W iam going to try to buy gold and silver today
Matt Market Watch: Trading halted after S&P 500 dropped 7% | 3/12/2020
Doug_W no gold 4 me too expensive and very hard to trade IF our economy faild Silver can be easily
Doug_W Silver:$15.96 -0.95
Doug_W GOLD is down -51.86
Doug_W every com0odity except purell is way down
Clay purell lol
Clay morons
Clay hand sanitizer is used to prevent bacteria not viruses
KRnMS Restraint ,restraint, Blah, blah, blah surprised Trump hasn’t struck back on the Iranian militia
Doug_W KRnMS give him time
KRnMS that’s what I’m thinking too, Iraqis say they captured the launchers and some rockets, but no personnel
KRnMS UN says restraint, restraint... but we know they must be killed,
KRnMS hunt them, track them , destroy them and all their gear
KRnMS you would think we could hit them immediately with our own rockets or artillery
Doug_W the UN sounds like Obama's policy
KRnMS well Obama would pay them to stop
Doug_W billions LOL
KRnMS the Iraqis say they will investigate and punish whoever did it
KRnMS will be about as successful at that as forming a functional government that helps Iraq
KRnMS Iraqs are spineless cowards, traitors to their own country
Dave Doug_W ...,.whats with siLver?
Doug_W ALL comodities and metals are WAY down Silver:$15.94 -0.97
Dave should being going up...usually happens when everything else crashes
Dave ?
Doug_W "should be"
Dave Our Banks cutting interest rates yet again...2x in a month
Dave get a mortgage for less than 2.5%
Doug_W great deal
Dave you guys just cut the interest rates too...?
Clay Dave hey buddy
Doug_W Dave Silver:$15.91-1.00
Dave Clay Buyn Silver?
Clay already getting cancellations because of the carona virus
Clay no silver for me
Doug_W panic
Clay I know thats why
Dave Clay wash your hands and buy TP
Dave `1 case on the Island....schools shutting down
Doug_W the world is shutting down
Clay Dave lol
Clay funny... why is everyone buying up TP
Dave confused...swine flu a few yrs ago was much worse
Clay Dave I know
Clay the media has people scared
Dave WHO CDC aint helping
Clay my son and daughter's colleges closed till Easter
Clay no they r not
Clay Johns Hopkins is one of the major hospitals trying for a cure
Dave Cure?
Clay all students were sent me so they have room for isolation units
Clay crazy its only gonna hurt small businesses
Dave getting a hazmat suit for work
Dave or more TP?
Clay lol
Dave people are nor asking which is worse Swine Flu or this Bird Flu?
Clay nope
Clay this isnt even close
Dave either way lol
Clay yep just hope it doesnt start really killing business
Dave the World........
Dave dont wanna pay out on all those 401s?
Clay lol
Clay conspiracy
Clay China wanted to get rid of all its elderly... they cant work plus they are the last generation that tasted freedom
Dave Makes one think.......the world may be flat after all
IQD CALLS Chat Wednesday Night 3-11-20
IQD CALLS Wednesday Night 3-11-20
Doug_W Former minister: Iraqi dinar on the way to "float"
Doug_W https://www.ikhnews.com/index.php?page=article&id=210860
Wilder Baghdad – news The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating, in light of the sharp decline in oil prices, while noting that employees should expect that during the coming days their salaries will be deducted.
"The continuation of monetary policies and the current government in the same contexts with the sharp decline in oil prices will be catastrophic, and the employee should expect to deduct his salary, perhaps for half, or spend part of his salary every two months," noting that "the next stage may witness a reduction in employee salaries, deductions and taxes to reduce the budget deficit." .
He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive. "
IQD CALLS Wednesday Night 3-11-20
Doug_W Former minister: Iraqi dinar on the way to "float"
Doug_W https://www.ikhnews.com/index.php?page=article&id=210860
Wilder Baghdad – news The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating, in light of the sharp decline in oil prices, while noting that employees should expect that during the coming days their salaries will be deducted.
"The continuation of monetary policies and the current government in the same contexts with the sharp decline in oil prices will be catastrophic, and the employee should expect to deduct his salary, perhaps for half, or spend part of his salary every two months," noting that "the next stage may witness a reduction in employee salaries, deductions and taxes to reduce the budget deficit." .
He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive. "
KRnMS Oh no, It’s time to kill some Iranian militia, rockets hit a base in Iraq that killed an American and two UK troops, HIT EM
Wilder He added, "We are afraid of a government decision to reduce the price of the dinar against the dollar to 1300 or 1350 in the event that the drop in oil prices is catastrophic. This float will cause the price of commodities to rise and burden the citizens. The state may use it to reduce the budget deficit."
Abdul-Jabbar continued, "The government's decision to place customs and other exemptions to remove visa amounts with some neighboring countries has harmed Iraq and contributed to preventing the entry of important revenues to the state," noting that "since 2018, he warned of low oil prices in 2020".
He pointed out that "the advisory base available to the Prime Minister is not qualified to deal with major crises, especially those related to low oil prices." Because it will take the place of others. "
And Abdul-Jabbar said, "The recent appointments made by the Prime Minister killed the state and burdened its finances, and there is a 200-square-meter department with 270 employees."
Baxter TRUMPS ADDRESS TO NATION IS AT 9 PM
Dave Wilder Yeah oil 20 bucks a barrel our value will tank too
chattels US announces 987 Corona cases & 29 have died. http://mobp.as/OG3Dq
Baxter Dave.. thought you would like to see this... https://www.gasbuddy.com/GasPrices/Ohio
KRnMS Hhmmm, will if they float the dinar now, when the price of oil rebounds, which it will, then the dinar will be free to float UP, instead of down, or should I say less dinar to the dollar
chattels In rocket attack on Taji Base in Iraq, 2 American & 1 British troops killed & 12 injured. http://mobp.as/Bv5Dq
KRnMS stay positive my friends, this situation will turn around soon
Dave Baxter almost pay that per liter!!!!
Baxter I know
Dave KRnMS did not know Dinar went Global
KRnMS china will get back to work and return to buying oil
Baxter was 1.74 yesterday
Baxter Dave...and that includes 55 cents tax a gallon
Dave at 20 bucks you should be able to fill your car for 15 bucks like in the old days
Baxter yep
KRnMS DAve I was just thinking in response to the post above about the dinar possibly going on a float
chattels After the failure of a PM candidate chosen by just two of the Shia Islamist leaders (Sadr & Amiri), the seven Shia Islamist parties that have dominated every major post since 2005 have now set up a Heptagonal Committee (7-sided) to pick a new one. I should add that the formation of this committee in no way contradicts existing efforts to keep Abd al-Mahdi in office, even if as an indefinite "caretaker" prime minister if need be. Indeed it could be a means toward that goal. https://twitter.com/UticaRisk
Dave KRnMS not floating no whhere in our world yet
KRnMS Wilder was posting Baghdad news....
Dave KRnMS not globally traded yet
Wilder KRnMS that was from Dougs link
Baxter Its hard to believe that the NCAA Basketball tournament will not have any fans...
KRnMS well yes I know that Dave, but Wilder’s post indicates that there might be a GOI decision in the near future to correct less revenue.... I’m not saying they will or won’t... just IF
chattels The child's father, activist Abdul Qudoos Qasim, was assassinated yesterday by unknown gunmen suspected to be government-backed militias. #IraqProtests "They think by killing my father the protests will end? They don't know I'll take his place!" https://twitter.com/RashaAlAqeedi
Young_SC I think you guys are taking that floating article out of context imo
Dave Waiting for that COUP.......!
Dave Young_SC yepp
Young_SC Did anyone pay attention to what i posted right after kap posted that article
Dave IRAQ buys its hydr from Iran too and does trade wsithmits neighbours
Young_SC Addressing the Auctions and the Exchange rate
Dave Auction is all they got
KRnMS What about the Auctions?
KRnMS Do you think Trump will retaliate?
Dave KRnMS way CBI makes money
KRnMS Yes we all know that DAVEY
Dave then?
Young_SC KRnMS scroll up and read it my brother
KRnMS but anyone buying dollars has to spend dinar, good way for the cbi to reduce the currency, burn it
KRnMS unless it is digital
KRnMS Young... was your post about the Auctions anything new?
Dave Not a digital auction
KRnMS That’s good in my opinion Dave
KRnMS they know who is getting the dollars, can track them
KRnMS as if they don’t already, corrupt as they are
chattels Kurdistan Democrat: 5 candidates for the position of Prime Minister-designate and their decision has not been decided yet
Wed 11, March 2020 https://ninanews.com/Website/News/Details?key=816943
Dave yes, to join these auctions need to be approved by CBI first........20-30 brokers do this only
KRnMS I think Trump should retaliate and in a big way, this nonsense must be dealt with, the Iranian terrorists will only respond to two things, totally broke and death
chattels House of Representatives: The deadline for nomination of the Prime Minister-designate ends next Sunday
Wed 11, March 2020 https://ninanews.com/Website/News/Details?key=816910
Dave chattels DEADLINES...........?????
chattels Baghdad / Nina / The House of Representatives announced that the constitutional deadline for the nomination of a new personality for the position of Prime Minister-designate, officially ends midnight next Sunday, corresponding to the fifteenth of the current month of March.
KRnMS should be fairly easy to determine who is launching these rockets, I’m sure we have the entire country under surveillance 24/7,
chattels Dave It is what the news is saying.
Dave chattels yes many deadlines for me already........
chattels I thought it was 15 days from March 2nd, but ..................
Dave DONE DONE DONE.....LOL
KRnMS I think the Iranians are about as broke as they could become, time to deal out some death to them
KRnMS I hate to be hawkish, but enough is enough
Dave in the coming session....
KRnMS Solemeini’s hit should have sent the message loud and clear
Dave KRnMS said that ten yrs ago???????
chattels Parliament’s Finance Committee confirmed today, Wednesday, that the emergency budget is limited to paying salaries and holding elections.
Member of the Committee, Deputy Muhammad Al-Daradji said that "Iraq needs an appropriate budget for the economic and health conditions the country is going through," noting that "the emergency budget is limited to paying the salaries of employees, which is the most important and creating the conditions for holding elections."
He added, "Even if the budget is announced on the 1st to 12th, the country will face difficulties due to the current circumstances."
The financial advisor to the Prime Minister, Mazhar Mohamed Saleh, had previously stressed the need to go in the short term to legislate an emergency budget, which provides financial sustainability at this stage and meets the necessary needs. http://www.alliraqnews.com/modules/news/article.php?storyid=87812
KRnMS yes Dave, no sense leaving our soldiers over here in harm’s way, they are safer on the hunt than sitting and waiting being an easy target
KRnMS Hit the terrorist Iranian militia, and protect the demonstrators
KRnMS show the Iraqis we truly are on their side for their liberty and freedom
Dave KRnMS Tell that to SADR!
KRnMS I think I’ll call Trump up and tell him, ok Sade too
chattels The caretaker head, Adel Abdul-Mahdi, considered, on Wednesday, that the collapse of oil prices does not mean that Iraq has become bankrupt.
Abdul-Mahdi said in a speech during his presidency of a meeting on the budget and low oil prices, that "Iraq faces great challenges, but it is capable of overcoming them," stressing that "the crises that are currently going on in Iraq call for concern, not panic or collapse."
KRnMS what’s Sadr”s number please
chattels And Abdul-Mahdi pointed out that "the collapse of oil prices does not mean that Iraq has become bankrupt," stressing that "the Iraqi budget needs to be reviewed."
He continued, "We tried to prepare a program that monitors the performance of institutions, but the government's resignation prevented that," explaining that "the central bank's position remains healthy in terms of its reserves and currency." http://www.alliraqnews.com/modules/news/article.php?storyid=87838
chattels "the central bank's position remains healthy in terms of its reserves and currency."
KRnMS alright, I’ve show my ignorance, I’ll get down off my soapbox and go get something productive done around here you guys have a great evening felt good to vent, thank ya’ll
xyz would or wood? 11 Mar 20, 04:22 PM @Kaperoni and wood have
chattels 2020 NCAA Tournament games to be played without fans in attendance due to coronavirus
There will be no fans allowed at the 2020 NCAA Tournament https://www.cbssports.com/college-basketball/news/2020-ncaa-tournament-games-to-be-played-without-fans-in-attendance-due-to-coronavirus/?ftag=SPM-16-10abi8e
KRnMS oh, I went to college with Iranians, they are not bad people,
KRnMS amazing what people will do in the name of religion
Dave chattels shut a school down today ....yet no confirmed case here
chattels "I have made the decision to conduct our upcoming championship events, including the Division I men's and women's basketball tournaments, with only essential staff and limited family attendance," NCAA President Mark Emmert in a statement. "
Dave KRnMS More to do about corruption i figure
KRnMS well I decided not to attend a karate tournament near New Orleans, corona is close by, hated to cow down to a virus ok , I’m out... later
Dave1 confirmed death from covid 89 yrs old in Canada....predisposed with another condition......
RodTahoe I applaud the NCAA, this is a tough decision to make but it is the right decision. Social distancing one of the primary ways to control the spread of this virus. Sadly there will be more, dramatic cancelling of events, activities and gatherings nationwide (needed world wide) in the next couple of weeks, devastating actions but is the right leadership we need right now.
Matt BIG Losses Market Summary https://www.iqdcalls.com/Markets.html
chattels ACC announces that conference’s tournament will remain open to fans; alters post-game media availability https://www.syracuse.com/orangebasketball/2020/03/acc-announces-that-conferences-tournament-will-remain-open-to-fans-alters-post-game-media-availability.html
chattels The ACC’s statement also indicated that the teams’ locker rooms, which are normally open to the media, would be closed following games.
Instead of allowing reporters into the locker room, two players from each team would be brought into an interview area. The media could also request other players as needed.
The Southeastern Conference, which is holding its tournament in Nashville this week, is adopting similar measures.
Baxter An Airline flight going across the country today... had to make an emergency landing in Denver... a passenger started coughing...and the rest of the people on the plane...went ballistics about the corona virus...and the pilot landed the plane in Denver... the passenger coughing... had some allergy issues...
Doug_W STUPID panic
xyz 3-11-2020 Intel Guru Frank26 ...the exchange rate is already in place.
xyz 3-11-2020 Intel Guru Footforward ... There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
xyz 3-11-2020 Newshound Guru Kaperoni ... dinar is traded globally.
xyz cited: https://www.dinarguru.com/
xyz Their word NOT Z's
Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not.
As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
Xyz Islamic Scholar Who Said Coronavirus Was "Allah's Punishment" Gets Coronavirus https://www.zerohedge.com/health/islamic-scholar-who-said-coronavirus-was-allahs-punishment-gets-coronavirus
xyz IRS May Delay April 15th Tax Deadline https://www.zerohedge.com/personal-finance/irs-may-delay-april-15th-tax-deadline
sandyf @Kaperoni sandyf There are 4-5 Middle East countries floating. Not all of them lost value, not to mention Egypt is not Iraq.
Yes I would agree Egypt is not Iraq, and neither are the other 3 middle east countries that are on a floating exchange rate mechanism, Israel,Turkey and Tunisia. Now tell me which one has significantly increased in value as a floating currency.
sandyf @Kaperoni sandyf no **** sandy. The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally.
Obviously you are quite entitled to take any view you choose, but on this point you are way off base. It is all about currency convertibility and IQD will only be a partially convertible for many years to come. Conversion to full convertibilty requires a history that can only be built up over a long period of time.
Unless there is a bilateral agreement only a fully convertible currency can be used in international trade. That being the case the majority of Iraq's revenue will be in foreign currency for many years yet, the so called auctions are the mechanism used to convert foreign currency to domestic currency, a mechanism used by many countries around the globe.
Forex trading is a separate issue altogether and once Iraq is under Art 8 it doe not become a certainty that forex traders will wish to handle it. The KWD is seen as an exotic currency with low volume trade, traders prefer stable floating currencies, the last thing they want is slow moving or volatile currencies.
xyz gurus demand
Kaperoni sandyf I have never stated that the Iraqi dinar would be globally accepted World Wide right away in fact if anyone is conservative it's me. I have stated over and over and over again that most banks just because Iraq would accept article 8 doesn't necessarily mean that they would deal in Iraq's currency.
Even though many gurus like to say that people will run to banks to cash out that is unlikely to be the case. That being said I think you need to read the IMF article for consultations with Iraq and you will find that they are encouraging the CBI to accept Article VIII to send a message to the world that they are open for business. Here is a quote...
Kaperoni "25. The government will gradually remove remaining exchange restrictions and a multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investor community that Iraq is committed to maintain an exchange system that is free of MCPs and restrictions for current international transactions and thus facilitate creation of a favorable business climate. "
Kaperoni There is some typos in the first post but that is due to voice recognition oh well you'll get the gist of it
chattels In US response to attack on Taji Base in Iraq, US aircraft kill 18 Iraqi militia loyal to Iran in Albukamal area in Syria near Iraqi border. https://twitter.com/DavidMWitty1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
chattels Iraqi government condemns rocket attack on Taji Base that killed 3 members of International Coalition in Iraq. This is a direct challenge to Iraqi security & a terrorist act. http://mobp.as/v56Dq
IQD CALLS Wednesday Evening 3-11-20
..IQD CALLS Wednesday Evening 3-11-20
Kaperoni Can I toot my own horn? Ok here you go...
Kaperoni : Number of readings: 49723
11-03-2020 05:24 PM Former minister: Iraqi dinar on the way to "float"
Baghdad – news The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating, in light of the sharp decline in oil prices, while noting that employees should expect that during the coming days their salaries will be deducted.
"The continuation of monetary policies and the current government in the same contexts with the sharp decline in oil prices will be catastrophic, and the employee should expect to deduct his salary, perhaps for half, or spend part of his salary every two months," noting that "the next stage may witness a reduction in employee salaries, deductions and taxes to reduce the budget deficit." .
He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive. "
IQD CALLS Wednesday Evening 3-11-20
Kaperoni Can I toot my own horn? Ok here you go...
Kaperoni : Number of readings: 49723
11-03-2020 05:24 PM Former minister: Iraqi dinar on the way to "float"
Baghdad – news The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating, in light of the sharp decline in oil prices, while noting that employees should expect that during the coming days their salaries will be deducted.
"The continuation of monetary policies and the current government in the same contexts with the sharp decline in oil prices will be catastrophic, and the employee should expect to deduct his salary, perhaps for half, or spend part of his salary every two months," noting that "the next stage may witness a reduction in employee salaries, deductions and taxes to reduce the budget deficit." .
He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive. "
Kaperoni He added, "We are afraid of a government decision to reduce the price of the dinar against the dollar to 1300 or 1350 in the event that the drop in oil prices is catastrophic. This float will cause the price of commodities to rise and burden the citizens. The state may use it to reduce the budget deficit."
Abdul-Jabbar continued, "The government's decision to place customs and other exemptions to remove visa amounts with some neighboring countries has harmed Iraq and contributed to preventing the entry of important revenues to the state," noting that "since 2018, he warned of low oil prices in 2020".
He pointed out that "the advisory base available to the Prime Minister is not qualified to deal with major crises, especially those related to low oil prices."
Kaperoni https://www.ikhnews.com/index.php?page=article&id=210860
Kaperoni Maybe some of you will study monetary policy now. Have a good day.
Doug_W Kaperoni be well
Dave Doug_W Did our expert mention managed float or free float?
Dave Kaperoni TOOT TOOT!
Dave "The former minister, Amer Abdul-Jabbar, confirmed today"
Dave Floating where.........?
Dave Former.....?
Dave this dude must be working for CBI now????
Young_SC Determining _ or preventing _ importing unnecessary goods to allow the local product to cover the needs of the local market and what it represents by generating job opportunities and maintaining the currency within the country.
* Reconsidering the currency auction and adjusting the dollar exchange rate, so as not to burden the poor class.
Al-Sudani concluded by saying, "These are the most important measures to confront a budget whose deficit is estimated at (60) trillion dinars and revenues. If the barrel of oil continues to be sold at $ 30, it will not pay the salaries of employees and retirees."
Dave jeje LETS GO LOP!
Young_SC https://www.mawazin.net/Details.aspx?jimare=89675#.XmlGgajCb2k.whatsapp
Kaperoni I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first.
Dave not that that would be inflationary?
Young_SC Dave LOL
Dave Current conditions........
Dave Young_SC Still figure there in Ch7......so ASN......!
Kaperoni If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate
Dave Kaperoni TOOT TOOT!
Kaperoni Dave chapter 7 has nothing to do with monetary policy
Young_SC ive already posted 2 articles in here a year ago from the govenor of the CBI stating no float did you forget???
Kaperoni Young_SC you think the CBI is going to tell you?
Young_SC Or no it was delusional
Young_SC Kaperoni read again what i just stated
Dave Young_SC Trump will tell CBI?
Young_SC Dave lolol
Kaperoni Young_SC you would know and wouldnt need to hear it from anyone if you studied
Young_SC I'll study to earn that economics background you and sam have ehhh
Kaperoni Young_SC you dont read them correctly. The article on floating from the CBI was they are not floating at this time. That was a year ago. lol
Dave Ever STUDY CBI......guess not
Kaperoni Young_SC at least we know it wont RV lol
Dave need that NO link?
Kaperoni I posted here several float articles a few months ago collected
Kaperoni This is just another.
Young_SC Shall i google more articles and subtract certain words to add my own logic and advertise it as a real article or no
Dave jeje
Kaperoni that is how monetary policy works. pegged until in compliance, then float. They all do it
Dave LETS GO LOP!
Kaperoni Young_SC whatever, but more proof is just that they might
Kaperoni Shabibi wanted to and wood have
Dave Kaperoni PROOF!!!!!
Kaperoni Oh I feel sorry for you dreaming of dinar wealth overnight. Not happening! lol
Kaperoni have a good day
Dave Kaperoni wheel barrows or wallets?
Baxter PRESIDENT TRUMP... will be addressing the Nation tonight.... dont know what time yet...
Baxter Dow down 1460
Dave Baxter shut a high school down here today....covid not yet confirmed
Baxter If they devalue the Dinar... Im gonna have to go to a Nickel
IQD CALLS Early Wednesday 3-11-20
.IQD CALLS Early Wednesday 3-11-20
Chattels Barham Salih informs the Shiite forces that the deadline for submitting their candidate for prime minister is mid-next week Wed 11, March 2020
chattels March 16 or 17 by my calculation.
chattels Baghdad / Nina / The local markets in Baghdad recorded a slight rise in the exchange rate of the dollar against the Iraqi dinar today, Wednesday.
The selling and buying prices of the dollar for the banking companies came as follows: The selling price of the dollar was 121 thousand and 750 dinars per hundred dollars.
The purchase price of the dollar is 120 thousand and 750 dinars per hundred dollars.
chattels The central bank sells more than / 225 / million dollars in the currency auction Wed 11, March
IQD CALLS Early Wednesday 3-11-20
Chattels Barham Salih informs the Shiite forces that the deadline for submitting their candidate for prime minister is mid-next week Wed 11, March 2020 https://ninanews.com/Website/News/Details?key=816811
chattels March 16 or 17 by my calculation.
chattels Baghdad / Nina / The local markets in Baghdad recorded a slight rise in the exchange rate of the dollar against the Iraqi dinar today, Wednesday.
The selling and buying prices of the dollar for the banking companies came as follows: The selling price of the dollar was 121 thousand and 750 dinars per hundred dollars.
The purchase price of the dollar is 120 thousand and 750 dinars per hundred dollars. https://ninanews.com/Website/News/Details?key=816863
chattels The central bank sells more than / 225 / million dollars in the currency auction Wed 11, March 2020 https://ninanews.com/Website/News/Details?key=816880
chattels Economist for NINA: Saudi Arabia and Russia deal a fatal blow to the Iraqi oil-dependent economy Wed 11, March 2020 https://ninanews.com/Website/News/Details?key=816873
chattels Baghdad / Nina / A specialist in the management of state institutions in crises - Harvard University, Ali Jabbar Al-Fariji, confirmed that Saudi Arabia and Russia are dealing a fatal blow to the Iraqi economy through the oil market.
chattels " ............. a fatal blow to the Iraqi economy .............."
chattels Or a " cover " for the " RV " ???????????????????
chattels Iraqi oil expert: Price volatility will continue for months
Editing Date: 10/3/2020 21:58 • http://www.alliraqnews.com/modules/news/article.php?storyid=87754
chattels One guru is saying that Allawi will return from Lebanon to form a government. I bet not.
chattels Have a fine day all.
Mod Sent to us by Lorrie: PICK AND CHOOSE!!!!!
NOTHING AT THE CAPITAL IS CANCELED!!! ROCKY'S GAME IS NOT CANCELED!!
WHERE DO YOU GET YOUR NEWS? TELEVISION!!!
ST. PATRICK'S DAY PARADE IS CANCELED - however NONE OF THE BARS ARE CLOSED!!!!
REMEMBER THE TEENAGER WHO FLEW INTO DENVER
AFTER THE FLORIDA SCHOOL SHOOTING??
SHE SHUT COLORADO DOWN, EVEN THOUGH SHE WAS FOUND UP BY EVERGREEN DEAD LONG BEFORE ''COLORADO GOVERNMENT'' SHUT COLORADO DOWN???
A ''CORONAVIRUS'' 'VICTIM' WAS FOUND AT A COLORADO SKI RESORT - YET SKIING IS NOT CLOSED DOWN!!
WAKE UP PEOPLE!!! HERE'S THE ANSWER!!
HAVE TRUMP CANCEL THE ELECTIONS IN NOVEMBER
AND THE DEMOCRATS WOULD DECLARE - 'PROBLEM SOLVED'!!
I AM NOT DENYING THIS VIRUS IS DANGEROUS!!
OUR PRESIDENT HAS MORE THAN PROTECTED THE PEOPLE - AS THE CONSTITUTION REQUIRES.
DEMOCRATS NEVER GIVE HIM CREDIT FOR ANYTHING HE DOES!!
REMEMBER? DEMOCRATS STATED THEY COULD NOT BEAT HIM AT THE BALLOT BOX!!
So to list a few:
1 - RUSSIA, RUSSIA, RUSSIA DIDN'T WORK! Costing the people 2 1/2 years and over $50,000,000.00!!
2 - MUELLER DIDN'T WORK!!
3 - THE STRIPPER DIDN'T WORK!!
4 - IMPEACHMENT DIDN'T WORK!!
5 - VIRUS
so
THE DEMOCRATS ARE TAKING ADVANTAGE OF THIS CRISIS TO DESTROY OUR ELECTIONS - AND GET RID OF TRUMP!!!
My MAMA told me years ago - always ask questions! SO I ASK: SHOW ME THE FACTS!!
YOU WASH YOUR HANDS MORE OFTEN!! YOU NOW KNOW TO CLEAN YOUR BATHROOMS/KITCHENS
MORE THOROUGHLY - you saw that on the TELEVISION!!
YOU NOW HAVE AN ABUNDANCE OF TOILET PAPER AND PUREL IN YOUR HOME!!
Deaths from the virus: Those with extenuating health circumstances - elderly.
No one under the age of ? 50....
IQD CALLS Tuesday Night 3-10-20
.IQD CALLS Tuesday Night 3-10-20
Chattels In Iraq, those close to President Salih say he plans to select director of National Intelligence Agency, Mustafa Kathimi, as intern PM to save what can be saved.
chattels In Baghdad, renewed clashes between protesters and security forces injure 7 near Khalani Square.
chattels Zig Fish talk / stories may be more accurate and entertaining than Iraqi news.
chattels Except for Banking news / reports. Apparently those articles are worthy of belief, but not others. Why ?
chattels Ask Newshound Guru Jeff ......." ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news."
IQD CALLS Tuesday Night 3-10-20
Chattels In Iraq, those close to President Salih say he plans to select director of National Intelligence Agency, Mustafa Kathimi, as intern PM to save what can be saved. http://mobp.as/amMDq
chattels In Baghdad, renewed clashes between protesters and security forces injure 7 near Khalani Square. https://twitter.com/DavidMWitty1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
chattels Zig Fish talk / stories may be more accurate and entertaining than Iraqi news.
chattels Except for Banking news / reports. Apparently those articles are worthy of belief, but not others. Why ?
chattels Ask Newshound Guru Jeff ......." ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news."
chattels " .............. ..only one level of news has been accurate. That's the banking news."
chattels There is some pure BS out there, but it more likely originates with " Jeff".
chattels And Okie updated. He is ecstatic about where we are.
chattels Where are we ? The same place that we were on relaxation day.............. Sunday.
chattels If Okie or Jeff or any one of these guru yahoos is correct, then I will apologize to all abjectly and profusely and you will never hear from me again. That is a promise.
chattels Parliamentary Legal of NINA: Parliament cannot be dissolved before the election law is completed and the budget is approved. https://ninanews.com/Website/News/Details?key=816744
chattels Shiite blocs decide to form a seven-party committee to nominate the Prime Minister-designate Tuesday 10, March 2020 https://ninanews.com/Website/News/Details?key=816749
chattels Another committee. That ought to fix everything, eh ?
chattels ERBIL, Kurdistan Region – Two American soldiers killed on Sunday during an operation against Islamic State (ISIS) militants in Iraq’s Makhmour have been named.
U.S. Marine Corps Capt. Moises A. Navas and Gunnery Sgt. Diego D. Pongo died during a joint coalition operation with Iraqi Security Forces in the disputed Qarachogh Mountains. https://www.rudaw.net/english/middleeast/iraq/100320202
chattels “Moises and Diego made the ultimate sacrifice to defend our freedoms and protect our way of life; .."
chattels Sad.
futuremoney and Iraq gives us no respect
Xyz 3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar
Wilder LOCAL NC governor declares state of emergency as state deals with coronavirus
Wilder Donald Trump Hasn’t Been Tested for Coronavirus Despite Possible Exposure, Says White House
xyz Hospitals Prep For 96 Million Infections & 480K Deaths https://www.zerohedge.com/health/leaked-covid-19-documents-hospitals-prep-96-million-infections-480k-deaths
Wilder Trump had contact with congressmen Collins and Gaetz before they self-quarantined over coronavirus concerns.
https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2020/03/09/collins-gaetz-had-contact-with-trump-before-coronavirus-self-quarantine.html?amp_js_v=a2&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15838789098560&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2020%2F03%2F09%2Fcollins-gaetz-had-contact-with-trump-before-coronavirus-self-quarantine.html
Wilder xyz this could get real ugky. Financial woes for families.
Wilder New word. UGKY
xyz 3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
Matt Dow Jones bounced back a good amount www.iqdcalls.com/Markets.html
Wilder Bad news. 7 miles away from me. Miami University moving classes online amid COVID-19 outbreak
Wilder https://www.wcpo.com/news/national/coronavirus/miami-university-moving-classes-online-amid-covid-19-outbreak
Xyz Mini RV: company is reportedly paying volunteers around $4,500 to be infected with the new coronavirus, COVID-19. https://www.wtxl.com/news/report-company-paying-people-to-be-infected-with-coronavirus
xyz 3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
xyz Bernie Sanders calls long lines at Michigan polling stations an "outrage," suggests Dems are engaging in voter suppression https://www.newsweek.com/bernie-sanders-calls-long-lines-michigan-polling-stations-outrage-suggests-dems-are-engaging-1491592?utm_medium=Social&utm_source=Twitter#Echobox=1583887149
xyz Study: Corona may be more widespread by air conditioning
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&sl=ar&sp=nmt4&tl=en&u=https://www.faceiraq.org/inews.php%3Fid%3D7618986&usg=ALkJrhhPn9oJU4Qj6-NIMH4B7cVXWSqbEQ
Jimmy Lee Wilder exactly...spooky
Wilder xyz i would think heating systems as well with the return air system.
TWWIII Not posted yet??? Here is an article & pix of Iranian gov officials that have Corona Virus Pix of the ones died already: : https://english.alarabiya.net/en/features/2020/03/09/Iranian-regime-figures-infected-and-killed-by-coronavirus.html
IQD CALLS Early Tuesday 3-10-20
.IQD CALLS Early Tuesday 3-10-20
kevin311312 Oil prices jump 6% after biggest one-day fall since 1991
Oil prices jumped more than 6% on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia ...
Whitelions The Central Bank designs a pooled Islamic financing program (SIFP)..........In an effort to reduce the unemployment rate and reduce the import gap by supporting projects that have a positive impact in raising the rate of GDP growth, the Central Bank of Iraq has provided a monetary approach that combines the methodology of specific monetary policy and the basic conditions for establishing market economies by designing a program for consolidated Islamic finance (SIFP) ) , Which provides opportunities for partnership in financing between Islamic and conventional banks by targeting projects of strategic importance .
This comes at a time when the current economic stage is witnessing a number of challenges in the production and consumption markets .
The Central Bank of Iraq information Office March 10, 2020 » For the “ Executive Controls and Fundamental Principles of the Consolidated Islamic Finance Program ( SIFP ) ” .
IQD CALLS Early Tuesday 3-10-20
kevin311312 Oil prices jump 6% after biggest one-day fall since 1991
Oil prices jumped more than 6% on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia ...
Whitelions The Central Bank designs a pooled Islamic financing program (SIFP)..........In an effort to reduce the unemployment rate and reduce the import gap by supporting projects that have a positive impact in raising the rate of GDP growth, the Central Bank of Iraq has provided a monetary approach that combines the methodology of specific monetary policy and the basic conditions for establishing market economies by designing a program for consolidated Islamic finance (SIFP) ) , Which provides opportunities for partnership in financing between Islamic and conventional banks by targeting projects of strategic importance .
This comes at a time when the current economic stage is witnessing a number of challenges in the production and consumption markets .
The Central Bank of Iraq information Office March 10, 2020 » For the “ Executive Controls and Fundamental Principles of the Consolidated Islamic Finance Program ( SIFP ) ” ... click here
Whitelions https://cbi.iq/news/view/1456
Chattels Baghdad / news The strategic expert, Eric Davis, stressed that the value of the Iraqi dinar will decrease in relation to the US dollar as oil continues to decline.
"The value of the Iraqi dinar will decrease in relation to the US dollar, and the reason is that the Iraqi dinar will represent a weaker economy as oil prices continue to decline due to lower global industrial production," Davis said in a tweet on Twitter.
He added that "Iraq has 95% of its external revenues from selling oil. Iraq must diversify its economy."
https://www.ikhnews.com/index.php?page=article&id=210707
chattels Hisham Al-Suhail stresses the importance of completing the nomination of the candidate for prime minister during the current constitutional period
Tuesday 10, March 2020 https://ninanews.com/Website/News/Details?key=816620
chattels The names currently circulating are still the same in the past / Mustafa Al-Kazemi - Asaad Al-Eidani - Ali Al-Shukri / The matter is still in circulation without reaching agreement on a specific candidate so far.
chattels The Constitutional period of 15 days ends on or about March 17 I think.
chattels On this day in 1945, Tokyo is in ruins following an overnight incendiary raid by American B-29s. As many as 100,000 have perished in the inferno -- more than either the Hiroshima or Nagasaki bombings. It will be remembered as history's deadliest air attack. https://twitter.com/MilHistNow
chattels Not only will Baghdad have to borrow from the CBI's large but not infinite reserves to pay salaries & other operating expenses, it will also have to borrow to pay oil companies. No one is going to like that.
chattels Capital expenditure, already very low, will be close to zero. Yes there is always some CapX money left over from previous years bc of administrative inefficiencies, but those inefficiencies will remain & will only be a very small portion of the vast chasm which has opened up.
chattels & let's remember that public sector bloat is not just the legacy of decades past, but is caused by the recent actions of current actors. Thus in late 2018 parliament forced the new govt to ramp up operations spending in the budget. That was huge mistake which limits freedom of action now, since without a 2020 budget Baghdad can spend 1/12 of last year on operations, but it won't even have that money. These inflated operations costs were inflated further in recent months in response to protests.
chattels Also, remember that Baghdad can't borrow from abroad. Foreign contracts including loans have to be approved in the budget. The 2018 budget prohibited foreign loans for new contracts, but although it has expired, a new budget would be needed to authorize new foreign loans.
chattels Commentary courtesy of Kirk Sowell https://twitter.com/UticaRisk
Commission for Human Rights ............. 2 hours ago .................. Lawk Ghafuri ...................... https://www.rudaw.net/english/middleeast/iraq/10032020
chattels The statement also confirmed security forces’ use of hunting guns and live ammunition against the protesters in Khilani Square.
“The usage of live ammunition and hunting rifles by security forces against the protesters in Khilani square has resumed,” the statement reads. “Also Molotov cocktails and marbles have been used by both sides.”
futuremoney Iraq will never change, its very obvious
chattels Khilani Square is several hundred meters away from Tahrir Square, which has become the thumping heart of the anti-government protests.
The overwhelmingly young crowd initially limited its demands to improvements in public services, employment opportunities, and action against corruption. However, since the bloody crackdown by security forces and pro-government militias, their demands have grown with calls for the complete overthrow of the post-2003 elite.
More than 600 people have been killed and around 18,000 injured in clashes, according to Amnesty International.
Futuremoney all hopes of the dinar helping my retirement are gone
futuremoney chattels Good Morning
chattels futuremoney Okie says that we should just relax. It will happen this week and cannot be stopped.
Chattels Hopeful and optimistic despite all better judgment and prior experience.
Chattels We will grieve not, rather find Strength in what remains behind; In the primal sympathy Which having been must ever be; In the soothing thoughts that spring Out of human suffering; In the faith that looks through death, In years that bring the philosophic mind.”
chattels " Ode on Intimations of Immortality from Recollections of Early Childhood "
- William Wordsworth - 1770-1850
chattels Made famous in the last century by Natalie Wood and Warren Beatty in the movie " Splendor in the Grass ".
chattels What though the radiance which was once so bright. Be now for ever taken from my sight, Though nothing can bring back the hour. Of splendor in the grass, of glory in the flower;
Matt Dow Jones Industrial Average INDEXDJX: .DJI
24,460.81 +609.79 (2.56%) https://www.iqdcalls.com/Markets.html
Doug_W Silver:$17.02 -0.06
DeanoCourtesy of Dinar Guru
Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week..
Zig That is "Dinar Investor" AKA Jeff....he is a member here but only came once or twice...you can find his videos at https://www.iqdcalls.com/Dinar-Investor.html
Doug_W Brent crude traded at $ 32.5, after incurring losses of 28.5%. And US light crude fell by more than 30% to the level of $ 28.77.
Doug_W Analysts of the American investment bank pointed to the possibility of a drop in the price of Brent crude towards the level of $ 20 with current developments, while reducing its expectations for the second and third quarters to $ 30.
Doug_W that means UNDER 2 dollar gasoline
Doug_W even @futuremoney can afford that
Futuremoney Doug_W gas is 1.87 here
futuremoney up to 1.95
futuremoney correction 2.03
futuremoney Dave Good Morning
Dave at 20.00 bucks a barrel...a bottle of.water at the gas stations would cost much more
Dave in comparison
Dave ....wait.....we do pay more for that bottle of water but do not squawk about that
Dave Evian water Co....spell that backwards oc retaw naive
Doug_W futuremoney WHEN 1968 ?
Matt My Vid: The Matrix Has Gone Blue Screen https://www.youtube.com/watch?v=mzn10x25JoE
Matt Neil DegrAsse Tyson on Corona: "OBEY OR DIE" https://youtu.be/rmrBmbjdNNs Truth tells
IQD CALLS Monday Night 3-9-20
.IQD CALLS Early Monday 3-9-20
Patty Jimmy Lee When the change occurs, what percentage are you withholding for taxes?
Jimmy Lee Patty taxes 40 %....exchange rate 20%
xyz Fifth Third opened fake accounts like Wells Fargo, government says https://www.foxbusiness.com/money/fifth-third-fake-accounts-wells-fargo
xyz Wells Fargo board chair, who broke glass ceilings in banking, resigns under pressure https://www.wbtv.com/2020/03/09/wells-fargo-board-chair-who-broke-glass-ceilings-banking-resigns-under-pressure/
Jimmy Lee Patty when i exchange ,iam only going to exchange one third of my dinar and hold the rest for later exchange
PM xyz OKIE: HEY GUYS THERE ARE NOT MUCH I CAN SAY THAT I WANT TO OTHER THAN WE ARE IN AN EXTREMELY SHORT WINDOW—GET READLY——NOW!!!!!
IQD CALLS Early Monday 3-9-20
Patty Jimmy Lee When the change occurs, what percentage are you withholding for taxes?
Jimmy Lee Patty taxes 40 %....exchange rate 20%
xyz Fifth Third opened fake accounts like Wells Fargo, government says https://www.foxbusiness.com/money/fifth-third-fake-accounts-wells-fargo
xyz Wells Fargo board chair, who broke glass ceilings in banking, resigns under pressure https://www.wbtv.com/2020/03/09/wells-fargo-board-chair-who-broke-glass-ceilings-banking-resigns-under-pressure/
Jimmy Lee Patty when i exchange ,iam only going to exchange one third of my dinar and hold the rest for later exchange
PM xyz OKIE: HEY GUYS THERE ARE NOT MUCH I CAN SAY THAT I WANT TO OTHER THAN WE ARE IN AN EXTREMELY SHORT WINDOW—GET READLY——NOW!!!!!
Dave xyz Ready willing,,,,and waiting!
Patty Jimmy Lee Perfect! Exactly what I was thinking for withholding. But I really don't have reams of Dinar, nor of anything else. Hopefully enough to do some good. (A few days ago I went into our store, bought a $20.00 gift card and gave it later to a woman who was carrying a baby. It made me feel so good to do that. Figure if I'd gone to the casino the money would be gone anyway.
Matt Patty Sometimes you have to refresh the page
Dave Patty never paid more than 2-3% to exchange currency????
Dave 20 %....???
Jo Dave https://www.youtube.com/watch?v=4O8oemjdqBs ODD TV
Dave Jo actually watched that......LOL
Patty Dave Our little local banks charges $35.00 for a currency exchange regardless of how many bills of that one currency you want to exchange....however, they take the bills and submit them to the fed reserve facility for verification and exchange.
Of course our little bank doesn't exchange Zim, maybe not Dong either. I really am not comfortable with leaving the currency with them - even though I have copies of everything - I don't think that would matter. No faith in my little bank.
Dave Bank of America does verification of currencies
Dave not all banks have those Dela Rue machines
Dave Little banks ..........lots of added charges?
Dave 1-3% is the most i have yet to pay for any exchange
Patty Dave At least be prepared for what you have to pay, unless you can negotiate.
Dave Patty negotiate?
sandyf @Sam I Am The plan is stability ... political stability, economic stability, exchange rate stability
Plans are of little use if they cannot be implemented. The Iraqis had decades of dictatorship and appear to be unable to cope with democracy. Fairly good chance that Maliki may return to the helm, after all he has the qualities that some may prefer.
sandyf @Sam I Am Kaperoni Okay, I just checked and Egypt went off the peg 3 years ago ... that one slipped past me because I quit following this stuff
Yes, and the currency lost 50% of the value overnight, not really what people are looking for.
Patty Dave I'll leave money in your bank for 3 months, but I don't want to pay to initiate the exchange, etc.
sandyf @Kaperoni Sam I Am well at least as long as the currency auctions exist
The so called auctions are never going to go away, there are 30+ countries using this mechanism.
"A stable exchange rate is an important objective for central banks and can be used as a monetary policy instrument to stabilize price levels. The nature and structure of the Iraqi economy, with its undeveloped financial system, makes the foreign exchange rate an important monetary policy instrument to stabilize and control economic agents’ and individuals’ inflation expectations.
The Central Bank of Iraq (CBI hereafter) is working hard to monitor and stabilize the foreign exchange rate, as it is the main instrument in has to control money supply and achieve other targets where traditional monetary policy instruments are ineffective .
Since 2004 the CBI has intervened directly in the foreign exchange market using an auction window as an instrument in the open market. The auction window for selling foreign currency is the main formal channel to meet the demand for foreign currency."http://www.ekof.bg.ac.rs/wp-content/uploads/2014/04/554.pdf
Dave Usually 2-3 days here
Kaperoni sandyf no **** sandy. The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value will be determined by market forces.
Kaperoni sandyf There are 4-5 Middle East countries floating. Not all of them lost value, not to mention Egypt is not Iraq. The IMF wants countries to float and in will be a necessity if Iraq has success building a private sector market economy due to the pressure created on the financial system. It is absolutely necessary. Remember Iraq needs over 60 billion dollars just to rebuild infrastructure they do not have that kind of money.
Matt Jeff is also saying March 17 or 20 something? 2020 https://www.iqdcalls.com/Dinar-Investor.html
Wilder Matt rv?
Matt Yes
Matt I would not count on it but? never know???
Kaperoni Patty It is unlikely that you will ever got to a bank to exchange dinar. At least initially. Most banks are very conservative by nature and that means staying clear of volatile countries. An certainly it wont be to exchange for some mythical overnight RVI/RI that will not happen. I would expect the dinar to become a currency more applicable to the foreign exchange market (Forex) and traded/sold among market makers or brokers. I would not look to run to a bank to exchange anytime soon. Just not feasible or possible with so much currency in circulation.
Matt He / Jeff thinks the market will go to 20K... which is is headed down to?
Kaperoni My guess is that we end up setting up some kind of brokerage account and managing the dinar like any other foreign currency.
Matt Dow Feb 12 was 29,551.42 Today it closed at 23,851.02 - 5,700
IQD CALLS Monday Evening 3-9-20
.IQD CALLS Monday Evening 3-9-20
Dave Iraq i hear has plenty of concrete......200 bucks a yard?
Dave that about a barrels worth???? Dave or volume?
Baxter OIL FUTURES dropped 25% today.. Occidental Chemical... dropped 44% dow ..down 2016 points
Dave Baxter Somethings up....aint Corona?
Baxter caterpiller.. down 13% EXXON MOBILE...DOWN 15%
Dave Baxter just want to be able to purchase TP?
Dave Costco Sold out????? usually from floor to ceiling
Dave Baxter Not GOOD!
Baxter nope
Baxter we need...a global reset
IQD CALLS Monday Evening 3-9-20
Dave Iraq i hear has plenty of concrete......200 bucks a yard?
Dave that about a barrels worth???? Dave or volume?
Baxter OIL FUTURES dropped 25% today.. Occidental Chemical... dropped 44% dow ..down 2016 points
Dave Baxter Somethings up....aint Corona?
Baxter caterpiller.. down 13% EXXON MOBILE...DOWN 15%
Dave Baxter just want to be able to purchase TP?
Dave Costco Sold out????? usually from floor to ceiling
Dave Baxter Not GOOD!
Baxter nope
Baxter we need...a global reset
Dave hate to say it ......HMMMM? or LOL
Baxter who knows
Dave screwed up times these days i figure
Baxter Marathon oil...down 43%.. carnival cruise lines..down 31% Key Bank..down 18% GAP... Down 11%
Baxter Cigna..Down 11% Humana.. Down 12% Gen Motors.. Down 17% D.R.Horton...down 13%
Zig The GCR is close and the RV will follow soon after....the Iraqi Dinar will save the world!!!....that is the plan....it is unfolding.....Dinarians will prosper!!.....
Dave So you;re telling me my mutual Funds are TANKING too ......THANX!
Dave GO GCR GO GCR!
Baxter BP.. DOWN 20% ConocoPhillips...down 27%
Baxter Just got a text from a TV Station in OHio... gas is down to 159.9....
Dave Baxter up here......the Commies!
Baxter was 1.74 yesterday
Dave 1.47/l
Chattels US: 2 of our soldiers were killed in Iraq while accompanying Iraqi forces in anti-ISIS operation.
chattels Iraqi CTService, in conjunction with International Coalition aircraft, kills 25 ISIS in helicopter air assault landing in Makhmur area in Ninawa Province. Another CTS air assault landing in Makhul Mountains in Salah ad-Din Province killed 3 ISIS. http://mobp.as/fMqDq
chattels Kurdistan suspends official working hours in all agencies for 2 weeks due to Corona Virus with the exception of heath & security agencies. http://mobp.as/3cqDq
chattels Iraq decides to close the city of Najaf for a week to prevent spread of Corona Virus. http://mobp.as/LztDq
Xyz Breaking: Everything... In Biggest Stock-Selling Day In 20 Years https://www.zerohedge.com/markets/covid-19-chaos-crude-carnage-credit-collapse-biggest-stock-selling-day-20-years
chattels Iraqi Parliament denies that 10 MPs have the Corona Virus. http://mobp.as/ajrDq
chattels That should help attendance, eh ?
chattels 3 protesters killed and 44 wounded by Iraqi forces in Baghdad Sunday http://ninanews.com/Website/News/Details?key=816481
Doug_W what a trash heap that country is and with SO much potential too
Chattels A former minister: Corona will keep Abdel-Mahdi in office, and the blocs have been unable to find an alternative [Baghdad-Where] Former Minister of Youth and Sports and former deputy Jassem Al-Bayati revealed the political blocs ’tendency to keep resigned Prime Minister Adel Abdul-Mahdi in power for a longer period after political negotiations faltered, indicating that political and popular efforts are moving towards fighting Corona instead of Formation of government. http://www.alliraqnews.com/modules/news/article.php?storyid=87649
Chattels Member of Parliamentary Energy: Abdul-Mahdi wasted the resources of the center and south in favor of Kurdistan
Editing Date: 3/3/2020 15:21 • Updated: 9/3/2020 15:35 • http://www.alliraqnews.com/modules/news/index.php?storytopic=41
chattels "We hold the resigned Prime Minister wasting and wasting the wealth of the central and southern governorates in favor of the Kurdistan region in an unjust way distributing wealth based on political compliments and the continuation of his government to spend the amount of 452 billion dinars per month to the region, while the region's oil management did not pay export amounts of 250 thousand barrels of oil in The year 2019 until now. "
xyz Corona virus infects computers too! http://www.alliraqnews.com/modules/news/article.php?storyid=87680
chattels Repeat
chattels Why is holding early elections a nearly impossible task in Iraq?
Omar Sattar February 25, 2020 Read more: https://www.al-monitor.com/pulse/originals/2020/02/iraq-early-elections-protests.html#ixzz6GE7uAO8Q
Matt Market Summary > Dow Jones Industrial Average INDEXDJX: .DJI
23,851.02 −2,013.76 (7.79%) More https://www.iqdcalls.com/Markets.html
Dave Doug_W we seeing a sight correction now in precious metals.....markets crashing Feds cutting interest rates etc.....wont be long before they sky rocket,,,,,,?
Dave esp silver....hmm
Doug_W Dave agreed Silver:$17.10 was 19.00 a week ago
Dave As the the Lone Ranger once said....Go Silver!
Sparky...the plot thickens...coronavirus...Suadi / Russia OPEC+ move...markets in mayhem...times like these always remind me, a setback is a setup, for a comeback.....not sure it has bottomed out tho...
Sparky ...stock ,bonds, metals in flux...dirty money ( corona) may make cryptos a little more favorable...imo...at least hasten moves towards electronic money only worldwide...cleaner, and traceable... ...paper money and coins are carriers...imu...
Sparky ...I would't be surprised to see new record highs in the markets by April Fools Day...
Patty Matt, what's crypto at now?
Sparky Patty ...check out coinbase ...
Patty Sparky ok. But in the meantime, how's Ying Yang?
Sparky ...even tempered kitty...
Patty Sparky Good. Now, if stocks are going to reach record highs for April Fools Day, we need our RV/RI right now so we can position ourselves to obtain the best bargains on good stocks. (I'm not allowed to buy bonds - my father didn't trust them)
Sparky ...I absolutely agree. Today would be a fine day to get rich !
Jimmy Lee Patty btc 7867.09 -4.45%
Sparky Jimmy Lee ...bargain basement prices ...
Sparky ...got a feeling a lot of folks are gonna get very rich, very,very soon...
Jimmy Lee Sparky bargain prices yes... but basement prices IDN
Patty Jimmy Lee Ouch. Thank you.
chattels 3-9-2020 Intel Guru MarkZ : [Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. https://www.dinarguru.com/
chattels Be still my heart. Two call "RV" everyday gurus in agreement. It must be so, eh ?
chattels I relaxed on Sunday just like Okie said, but here it is Monday of this week gone and I am no better off than I was last week.
larrykn chattels come on chattels you got to have a lillte hope lol
Patty chattels I listened to Tony call Okie today, said Okie could barely talk...was very weak. Even though I think it WILL happen anytime now, the way it sounded (and I didn't hear Okie talk, was only relayed by Tony) Okie was too weak to do anything. Now it makes me wonder.
Chattels larrykn I always jave a little hope, just not a lot of expectation.
Chattels Patty The only wonderment will be if anything happens. But I am relaxed and ready !
Patty chattels Even better Chattels, the info came into dinarguru from MarkZ. I tried to listen to him this AM too. Must have come in late because I wasn't interested in the special oil his guest was promoting so had to turn him off early.
larrykn they can't even form a govenment and they think they will change their currency without it , really
chattels larrykn The new narrative is not that this or that is good and foretells our event, but that things are sooooooooooo bad that it must happen.
chattels Can someone connect the dots on the foregoing logic for me ?
larrykn oh I see if it gets real bad they will just have to do it , that make a lot of good sence lol
Sparky chattels ...demonstrators are our hope...young Iraqis waking up...
Chattels Sparky It may take one more generation I am afraid.
larrykn well time to go back into my hole have a good night all :)
chattels I am going to relax a bit more. Have a fine evening all.
Sparky ...and, maybe low revenue in oil will propogate change in value...IDN...
Matt Markets down record drops even Bitcoin is down Market Summary > www.iqdcalls.com/Markets.html
Patty Matt It only shows for March 6th...I usually wait for you to update the 'charts & prices' below.
Patty Jimmy Lee When the change occurs, what percentage are you withholding for taxes?
Jimmy Lee Patty taxes 40 %....exchange rate 20%
xyz Fifth Third opened fake accounts like Wells Fargo, government says https://www.foxbusiness.com/money/fifth-third-fake-accounts-wells-fargo
xyz Wells Fargo board chair, who broke glass ceilings in banking, resigns under pressure https://www.wbtv.com/2020/03/09/wells-fargo-board-chair-who-broke-glass-ceilings-banking-resigns-under-pressure/