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Texas Gulf Coast
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Hiking outdoors, camping, woodworking
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yogaman's Achievements
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yogaman started following HUGE: Iraq: US Places No Conditions On IQD. , HOT: Iraqi Dinar Expected to Undergo a Revaluation. , Iran's President helicopter crash and 7 others
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HOT: Iraqi Dinar Expected to Undergo a Revaluation.
yogaman replied to Luigi1's topic in Dinar Rumors
@Prolotario1 -
Interesting timing. They are selling oil in yuan, cutting out USD, and preparing to join BRICS.
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https://www.iraqinews.com/iraq/iraq-completes-requirements-to-join-wto/
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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.
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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 😄
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Friday Night Opinions @ 9:55 PM CDT - 9/29/2023
yogaman replied to ronscarpa's topic in Dinar Rumors
Uphold is based in UK, I quit coinbase after no songbird air drop and xrp delist. -
It's in the normie news folks! Seems stuff really is happening...
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https://www.bloomberg.com/news/articles/2023-09-24/iraqi-central-bank-to-restrict-internal-trade-to-iraqi-dinar
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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.
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US Action May Leed To Decline Of USD Against the IQD.
yogaman replied to Luigi1's topic in Dinar Rumors
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. -
Wednesday Afternoon Opinions @ 5:05 PM CDT - 5/17/2023
yogaman replied to ronscarpa's topic in Dinar Rumors
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.- 7 replies
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Wednesday Afternoon Opinions @ 5:05 PM CDT - 5/17/2023
yogaman replied to ronscarpa's topic in Dinar Rumors
https://www.iraqinews.com/iraq/iraq-bans-us-dollar-transactions-to-boost-local-currency/- 7 replies
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Yes. Losing out to BRICS
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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/
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HUGE: IQD Is One Step Closer To Going International.
yogaman replied to Luigi1's topic in Dinar Rumors
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.