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yogaman

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    Texas Gulf Coast
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    Hiking outdoors, camping, woodworking

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  1. https://www.iraqinews.com/iraq/iraq-completes-requirements-to-join-wto/
  2. Uses ground cornmeal rather than white flour, plus egg and milk. Some like to add sugar or use a mix. Some bread is dense and crumbly, some is light like white bread or cake. Goes great with peas, beans, or greens.
  3. Turkey and cornbread dressing is traditional, but here on the Texas Gulf coast my family does fried shrimp. Mom keeps frying until everyone is stuffed, then dessert 😄
  4. Uphold is based in UK, I quit coinbase after no songbird air drop and xrp delist.
  5. It's in the normie news folks! Seems stuff really is happening...
  6. https://www.bloomberg.com/news/articles/2023-09-24/iraqi-central-bank-to-restrict-internal-trade-to-iraqi-dinar
  7. The Biden sanctions will only serve to push Iraq into the welcoming arms of BRICS. Just like the sanctions on Russia just caused them to sell oil in something besides dollars. BRICS will buy and sell oil in yuan, rubles, gold, crypto...anything but the petrodollar and accelerating the demise of USD as a global reserve currency in the process. It's been stated that Iraq will need to diversify their economy and be more prosperous before they can depeg from the dollar. I believe it is the other way around. Linked to USD and the antiquated SWIFT system is what's keeping them poor! They will eventually depeg out of self preservation, sell oil in whatever currency they want and become extremely profitable. Then the IQD rockets in value in relation to the dollar. Dedollarization is already underway. My opinion only, something significant will happen this year (within 4 months) bad for dollar but good for IQD and for us who hedged correctly. Not a guru, just random notes from some nobody in east Texas. Thanks and God bless.
  8. Prediction by a non-guru. 1. Soon after congress passes Bill that members cannot trade stocks, they will amazingly exit market at high point with profits. 2. Market will crash soon after, dollar collapses. 3. Hyperinflation and collapse of real estate market. 4. Iraq will depeg from dollar out of self preservation. 5. IQD will increase against dollar and our long-time investment will prove to be a good hedge. We will survive this economic meltdown if we're careful. 6. If you have enough IQD you can take advantage of low real estate and stock prices and when things pick back up, and they will, you will be wealthy. Oh and Trump will be elected and economy will be great again within a year. Just my opinion. Agree or disagree. I welcome all respectful comments.
  9. Using the dollar for personal or commercial transactions is now illegal punishable by fines or imprisonment. IMO we should see an increase in the value of the dinar very soon. The most positive news I've seen in years.
  10. https://www.iraqinews.com/iraq/iraq-bans-us-dollar-transactions-to-boost-local-currency/
  11. Dedollarization in Iraq has begun. They will sell to other countries in their own currency, every day we see evidence of the dollar losing reserve currency status. https://www.reuters.com/business/iraq-allow-trade-with-china-yuan-state-media-2023-02-22/
  12. IQD not necessarily weakening, the dollar is strong against all currencies right now. Still, I believe crash of petrodollar is imminent. Saudis making deal with BRICS to sell oil in other currencies.
  13. Listen at 7:00 mark. The BRICS have created their own reserve currency backed by gold and other precious metals! This also sounds like Basel III compliance that has been talked about on this site for years. Ok, I know it's not IQD news but zoom out for a second. This marks the collapse of the petrodollar as world reserve. The US sanctioned Russia out of using SWIFT, now they have their own world bank equivalent, messaging and settlement system as well as a reserve currency. When the dollar crashes, Iraq will depeg out of survival, and trade oil and goods in dinar or gold or maybe crypto but not the dollar. I think it will not be exactly a rate change but be more compared to SDR than the dollar and allowed to float. Just a crazy theory from some rube in east Texas. 😜 seriously though, the dollar death knell is here, and with it the dinar will increase greatly on its own. And the take down of Maliki only helps.
  14. Very good comments above. We are already in a recession, 2 continuous quarters of negative GDP. Folks, we are headed for a crash and a depression. Praying I'm wrong but keep extra food, ammo, and whiskey. Look around the world, the dominoes are falling as some governments and many financial institutions are going bankrupt. China has many banks that have frozen accounts. BRICS is gaining power and adding members hastening the collapse of the petrodollar. When this happens dinar will gain value in comparison. Our hedge with holding dinar will give us enough to survive and make some of us rich. All just a theory from some bumpkin in east Texas. God bless. PS, I love reading all the rumors
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