.Zig’s Place Chat Room Discussion/News Thursday 8-13-20

Zig :Thanks again "Dinar Recaps" for helping to put the word out about this chat room https://dinarrecaps.com/our-blog

Timrocke IMAGINE, a number with 40 zeros behind it of physical COLLATERAL ( gold, silver maybe oil or diamonds) whatever equals this number. Now imagine that this finance is for the whole world to become a better place. Would you believe then that Iraq , Vietnam, Iran ect... currency's would br be able to revalue, if the funding were there ? What if everyone's currency were somewhat equal and there was free trade for everyone? What if ?? Would you believe then ???

sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.

.Zig’s Place Chat Room Wednesday 8-12-20

Zig Dinar Recaps...We appreciate the exposure as this room is less than a week old https://dinarrecaps.com/our-blog

Xyz 8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it.

They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done.

It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.

Xyz The “Currency Auction” ... Money laundering and a major corruption gateway in Iraq

The currency auction that is taking place in the Central Bank of Iraq is one of the most corrupt files in Iraq, because it causes the waste of hard currency money obtained as a result of selling oil on fake projects and importing materials that do not exist on the ground.

Zig’s Place Chat Room Tuesday Night 8-11-20

Xyz Tax Authority: 177 billion dinars in July 2020 revenue

The General Tax Authority announced, on Tuesday, its revenues during the month of July.

The Director General of the Authority, Shaker Al-Zubaidi, said in a taxation reported by the official news agency "Conscious" that "its revenues for the month of July amounted to approximately 177 billion dinars, with a growth rate of 15 percent compared to July of last year," indicating that "public taxes achieve a financial surplus to support the treasury." The state despite the repercussions of the Corona virus and its impact on the economies of Iraq and the world.

He added that "public taxes are the ones with the highest rate of revenue at 40 percent of total customs revenues, which contribute to strengthening the public budget after oil revenues," noting that "these revenues will enable the national economy to support investment and national development."

.Zig’s Place Chat Room Monday Night 8-10-20

Sheila CAN YOU SAY "QFS"?Board of Governors from the Federal Reserve System. This came through over the weekend and it was a midnight release…..that’s how they do things like this.

Basically they announced details of a “new 24x7x365 interbank settlement service with clearing functionality to support instant payments in the United States” (See link below)

If you are not aware of what this means…..this is the QFS and the Quantum financial System is online!

This is a big deal…a really huge thing. This was released this weekend but they also released this today on 8-10-2020

The Federal Reserve Board announces that Individual Large Bank Capital Requirements which will be effective on October 1st. Which means basically that large banks capitol must be increased and they must have additional cash requirements to cover things. This is basically like Basel 3….this is the deadline here in the US to make sure all the banks here are compliant and have sufficient cash requirements.

.Zig’s Place Chat Room Monday 8-10-20

Zig :Thank You Dinar Recaps for helping to get the word out about this chat room which is only 4 days old...appreciate it https://dinarrecaps.com/our-blog/zigs-place-chat-room-sunday-8-9-20

Xyz Kurdistan Region puts new conditions on Baghdad to import electricity

A spokesman for the Ministry of Electricity in the Kurdistan Regional Government announced that the Iraqi federal government intends to obtain quantities of electrical energy from the Kurdistan Region and from Turkey to supply the rest of the Iraqi cities with electricity, and if that happens, "we have our conditions."

On Monday (27 July 2020), the Minister of Electricity in the Iraqi Federal Government, Majid Mahdi Hantoush, announced in a press statement that followed a meeting between him and the governor of Najaf, Luay Al-Yasiri, that he had met with the Iraqi Prime Minister, Mustafa Al-Kazemi, about finding an urgent solution to provide electricity For Iraqi citizens, and that they decided to buy 450 megawatts of electricity from the Kurdistan region and 200 megawatts from Turkey, and that this would increase the provision of electricity to the cities of central Iraq.

.Zig’s Place Chat Room Sunday 8-9-20

Xyz Al-Kazemi intends to launch a major campaign to rebuild the capital

Baghdad / Iraq News Network - The Prime Minister, Mustafa Al-Kazemi, announced yesterday, Saturday, his intention to launch a major campaign to rebuild the capital, Baghdad. The Information Office of Al-Kazemi said in a statement, “The Prime Minister, Mustafa Al-Kazemi, received a delegation representing a number of notables in the city of Adhamiya.”

Al-Kazemi listened to “an explanation of the city’s reality, the problems it suffers and its most important needs, especially at this stage in which Iraq is facing the challenges of the Corona pandemic, and its repercussions on the economic reality.” He stressed that “Al-Adhamiya represents a city for the values of coexistence, and was able to preserve its national identity, Despite the conditions that it faced like all other Iraqi cities and regions, but Al-Adhamiya formed distinction in its cultural and heritage diversity, and with Kadhimiya constituted the wealth of the capital, Baghdad and Iraq in general. ”He added,“ When I remember Al-Adhamiya, I feel a lot of happiness.

.Zig’s Place Chat Room Saturday PM 8-8-20

John Frank has stated t No one in here knows Iraq’s FISCAL YEAR and yet some stated all of this has already been discussed and it’s old news. You guys don’t have a clue!

John TB https://www.nationmaster.com/country-info/stats/Economy/Fiscal-year

John TB Many guru's say fiscal year is end of September, or October1. So you tell us...

John Frank has stated t John let me help you. Because Iraq has not approved a 2020 budget you can’t see locate or find their true fiscal year on a website.

John Frank has stated t Butterfly please tell us why Iraq has not approved their 2020 budget and how it’s linked / married to the Rate Change?

Zig’s Place Chat Room Saturday AM 8-8-20

Zig RamblerNash : LOL....Finally got you to show up at a chat I was in....great....hope Sam comes soon as well....I have lots to do as far as inviting and promoting....I am very good at both, not to brag....please continue to tell your friends (and enemies...lol) about this new room....Emphasize NO MODS and NO BANNING ever.....see ya later...

Zig We could use a couple of NEWSHOUNDS here Please post news about Iraq,

Zig LOL....I promise never to post about my weather or what I am having for breakfast, lunch, or dinner....or where I am going....or when I will be back....or what appointments I may have....