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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.

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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.

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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

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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

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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. "

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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. "

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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

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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."

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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 ) ” .

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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!!!!!

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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

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