Half Crazy Runner Posted April 4, 2017 Report Share Posted April 4, 2017 Sounds very promising! Its a real shame that the people of Iraq have had to endure so much suffering as a result of the actions of Saddam. The entire country has been punished for going on 30 years, yet I'm sure none of them had any say in the invasion of Kuwait. 2 Quote Link to comment Share on other sites More sharing options...
climber7 Posted April 4, 2017 Report Share Posted April 4, 2017 1 hour ago, Synopsis said: Maybe some one more knowledgeable on the Chapter VII sanctions could chime in here. Does the Chapter VII release require Iraq to have a revalued currency or does the Chapter VII release allow for the IQD revalue? If I understand correctly, Iraq needs to have a revalued currency to ascend as a full WTO trade partner so I am trying to figure out what is the horse and what is the cart to help me keep things in the right order. I realize Chapter VII and WTO issues are distinct and may or may not be connected in any or all ways possible. With an announcement like this, I suspect electronic traders (and others) need to be kept off guard. I am a fan of thinking the cows are all out before the barn door closes so I am thinking the IQD revaluation would occur before (or maybe much before) the announced Chapter VII release two months back wall. This announcement may have been made some time ago, too, and is just now being released to the public even though the announcement was given to key individuals earlier. There have been other articles in the Iraqi news media that did appear to have a release as much as several months later while some other articles appear to have been recycled. As such, there may be a lot of smoke 'n mirrors and phonae' balonae' thrown around for entertainment and other purposes in the next while. Your comments are appreciated. Go Moola Nova! I was wondering the same thing. Anyone have an answer? Which comes first--RV or Chapter 8? 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted April 4, 2017 Report Share Posted April 4, 2017 Thank You, DWS112, lots of great information! Time sometimes doesn't serve me well at all. It is hard to believe this article was published nearly four (4 - count 'em four) years ago and stated, "He praised government efforts with the start of the countdown to get rid of sanctions." WOWZERS!!! That sure was a long count down! A lot of good and bad has happened in the last four years! To me, though, things have never looked as good as now for the IQD revaluation to occur - I guess that is one consolation we can all take - and may have been needed to make the IQD revaluation as optimum and sustainable as possible! Thank You again, DWS 112! Go Moola Nova! 4 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted April 4, 2017 Report Share Posted April 4, 2017 3 minutes ago, davis411 said: Abadi: During the next two months will agree on removing Iraq from Chapter VII just a davis thought here this is the one I like to me it is saying can happen at any time from now up to 2 months???? could be the beer talking I like what your beer is saying! 3 Quote Link to comment Share on other sites More sharing options...
ezrapound Posted April 4, 2017 Report Share Posted April 4, 2017 28 minutes ago, Synopsis said: Thank You, DWS112, lots of great information! Time sometimes doesn't serve me well at all. It is hard to believe this article was published nearly four (4 - count 'em four) years ago and stated, "He praised government efforts with the start of the countdown to get rid of sanctions." WOWZERS!!! That sure was a long count down! A lot of good and bad has happened in the last four years! To me, though, things have never looked as good as now for the IQD revaluation to occur - I guess that is one consolation we can all take - and may have been needed to make the IQD revaluation as optimum and sustainable as possible! Thank You again, DWS 112! Go Moola Nova! While this does indeed sound encouraging and all that, I still have to take my historical stance...I will smile when my bank account is much larger than it is now. Not being a Debbie downer, but after 12 years of this ride all I can do any more is...SIGH... 4 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted April 4, 2017 Report Share Posted April 4, 2017 I feel your pain Ezra! 2 Quote Link to comment Share on other sites More sharing options...
ezrapound Posted April 4, 2017 Report Share Posted April 4, 2017 (edited) Thanks. I am just to the point where I am stupefied that it has been this long and nothing has happened yet. Even more stupefied that I have hung in there blindly for this long without totally throwing in the towel. Whether it is a super deep seated belief in it or I am just too stubborn or dumb to quit I just don't know anymore. Some habits are really hard to quit...this is one of them for me. Edited April 4, 2017 by ezrapound 4 Quote Link to comment Share on other sites More sharing options...
235snack Posted April 4, 2017 Report Share Posted April 4, 2017 Eight years here, but I will wait it out, no matter what at this point. Quote Link to comment Share on other sites More sharing options...
2fast4u2c Posted April 4, 2017 Report Share Posted April 4, 2017 Is two months...April/May or May/June? Quote Link to comment Share on other sites More sharing options...
8th ID Posted April 4, 2017 Report Share Posted April 4, 2017 2 hours ago, Synopsis said: Maybe some one more knowledgeable on the Chapter VII sanctions could chime in here. Does the Chapter VII release require Iraq to have a revalued currency or does the Chapter VII release allow for the IQD revalue? If I understand correctly, Iraq needs to have a revalued currency to ascend as a full WTO trade partner so I am trying to figure out what is the horse and what is the cart to help me keep things in the right order. I realize Chapter VII and WTO issues are distinct and may or may not be connected in any or all ways possible. It is my understanding that they have to have an internationally accepted currency before going to Chapter VIII, not so much of an RV. But having an international currency sure helps for having an RV. With an announcement like this, I suspect electronic traders (and others) need to be kept off guard. I am a fan of thinking the cows are all out before the barn door closes so I am thinking the IQD revaluation would occur before (or maybe much before) the announced Chapter VII release two months back wall. I agree with keeping them off guard. Going international without an RV will open the flood gates for a ton of speculators, which in itself I think will cause it to rise. Anyway you look at it, I think it is a good thing. 3 Quote Link to comment Share on other sites More sharing options...
rico1 Posted April 4, 2017 Report Share Posted April 4, 2017 1 Quote Link to comment Share on other sites More sharing options...
Scott McD Posted April 4, 2017 Report Share Posted April 4, 2017 This seems like really fantastic news. Would be great to get Adams view on this. 2 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted April 4, 2017 Report Share Posted April 4, 2017 near the exit of the country from Chapter VII after we meet the international sanctions imposed.....Iraq meets all international sanctions imposed during the rule of the former regime,......which is it ? Did the meet the sanction requirements already or are they going to ? ....Chapter VII mechanisms after meeting Prime Minister Haider al-Abadi. Finished / 25 for..... I think it is how this reads . Activate the Mechanism after meeting Prime Minister Abadi . Finished ......I don't see 2 more months even though that's what Abadi says . 2 1 Quote Link to comment Share on other sites More sharing options...
King Bean Posted April 4, 2017 Report Share Posted April 4, 2017 (edited) 3 hours ago, DinarThug said: Broadcasting While Abadi Puts A Lien On The Presidential Camel Motorcade.... Wax on, wax off. Pawn Shop wants 'em spotless so ISIS will trade in their Toyotas. Now they just need Luigi to check the fluids !! Edited April 4, 2017 by King Bean 4 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted April 4, 2017 Report Share Posted April 4, 2017 Too funny King Bean!!! 1 Quote Link to comment Share on other sites More sharing options...
stangernan Posted April 4, 2017 Report Share Posted April 4, 2017 12 minutes ago, King Bean said: Wax on, wax off. Pawn Shop wants 'em spotless so ISIS will trade in their Toyotas. Now they just need Luigi to check the fluids !! Why 2 Quote Link to comment Share on other sites More sharing options...
davis411 Posted April 4, 2017 Report Share Posted April 4, 2017 34 minutes ago, blueskyline said: near the exit of the country from Chapter VII after we meet the international sanctions imposed.....Iraq meets all international sanctions imposed during the rule of the former regime,......which is it ? Did the meet the sanction requirements already or are they going to ? ....Chapter VII mechanisms after meeting Prime Minister Haider al-Abadi. Finished / 25 for..... I think it is how this reads . Activate the Mechanism after meeting Prime Minister Abadi . Finished ......I don't see 2 more months even though that's what Abadi says . That's what I say this is done 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted April 4, 2017 Report Share Posted April 4, 2017 1 hour ago, ezrapound said: Thanks. I am just to the point where I am stupefied that it has been this long and nothing has happened yet. Even more stupefied that I have hung in there blindly for this long without totally throwing in the towel. Whether it is a super deep seated belief in it or I am just too stubborn or dumb to quit I just don't know anymore. Some habits are really hard to quit...this is one of them for me. I started off full head hair 6 pack abs great eye sight now I look like a grandfather thin no hair 18 pack abs in lower area like a ballon glasses like trailer park boys 4 Quote Link to comment Share on other sites More sharing options...
3n1 Posted April 4, 2017 Report Share Posted April 4, 2017 Does the Chapter VII release require Iraq to have a revalued currency or does the Chapter VII release allow for the IQD revalue? since we will never get to see the plan before hand ... ill speculate ... all at the same time W/ no fanfare ... go cbi Quote Link to comment Share on other sites More sharing options...
Drunk_Viking64 Posted April 4, 2017 Report Share Posted April 4, 2017 1 hour ago, ezrapound said: Thanks. I am just to the point where I am stupefied that it has been this long and nothing has happened yet. Even more stupefied that I have hung in there blindly for this long without totally throwing in the towel. Whether it is a super deep seated belief in it or I am just too stubborn or dumb to quit I just don't know anymore. Some habits are really hard to quit...this is one of them for me. Hey EZ, I think you are looking at it from the wrong angle. When I bought my dinar 11+ years ago ($2,500USD which got me 4,025,000 IQD) I looked at it as I was buying a lifetime weekly renewable lottery ticket with a great payout at (I figured it was a 25,000 : 1 odds of winning a 1:1 or more return). Benefit being I used my gambling away money so no real harm there and every week for 11 years I've not spent any gas money or time getting new tickets filling out the bubbles and waiting in line. So I figured I saved $8,150.00 in gas alone and when people ask me weekly do I want to join their lottery group I tell them sorry I already have my tickets. And for ten years no one at the company or my friends and family has ever won and they spend $10 to $15 per week plus the gas to get to the store and back so they have spent $7,000 or more and have nothing. I have $4Million in IQD I could get $3,410 today, But I'm in this for as long as I keep getting calls to join a lottery group or when 1IQD is worth $1.27USD. Either way I get to have the same fantasy dreams the lottery buyers get but without the hassle. 5 1 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted April 4, 2017 Report Share Posted April 4, 2017 Don't take this as fact...just my perspective...I would think the RV would be in- country first...The WTO as well as the UN have stipulations on the sanctions concerning Iraq's issue with Chapter VII...The dinar has to be internationally valued to it's true worth by the standards set forth by the IMF...If my memory serves me correct, one of the WTO stipulations is; that Iraq has a tradable currecy...China is a good exception to this theory, so there we go again...just why did that chicken cross the road...maybe to lay the egg...lmao 2 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted April 4, 2017 Report Share Posted April 4, 2017 2 hours ago, davis411 said: Abadi: During the next two months will agree on removing Iraq from Chapter VII just a davis thought here this is the one I like to me it is saying can happen at any time from now up to 2 months???? could be the beer talking We both have very good beer then - my thoughts as well on this .. . Windows of opportunity and such. Still we wait . . . God almighty " I . . . Shoes . . . BEER ! ". 1 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted April 4, 2017 Report Share Posted April 4, 2017 5 minutes ago, skeetdog said: Don't take this as fact...just my perspective...I would think the RV would be in- country first...The WTO as well as the UN have stipulations on the sanctions concerning Iraq's issue with Chapter VII...The dinar has to be internationally valued to it's true worth by the standards set forth by the IMF...If my memory serves me correct, one of the WTO stipulations is; that Iraq has a tradable currecy...China is a good exception to this theory, so there we go again...just why did that chicken cross the road...maybe to lay the egg...lmao Skeeter - do U recall if it's RV THEN Ch. 7 removal. ......or Ch. 7 removal to RV???? 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted April 4, 2017 Report Share Posted April 4, 2017 1 hour ago, 2fast4u2c said: Is two months...April/May or May/June? Make it the 4th of July and let it be our Independence Day, party in the islands. 4 Quote Link to comment Share on other sites More sharing options...
davis411 Posted April 4, 2017 Report Share Posted April 4, 2017 (edited) 8 minutes ago, 10 YEARS LATER said: Skeeter - do U recall if it's RV THEN Ch. 7 removal. ......or Ch. 7 removal to RV?? I believe it's Davis dies of old age waiting for rv then rv at 6.00 Usd for 1 iqd that's what I see damn I am screwed again Edited April 4, 2017 by davis411 2 Quote Link to comment Share on other sites More sharing options...
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