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So what you’re saying is we will have an RV of $3.00 by Friday? Did I interpret that correctly?

Good morning Dinarvets! I didn't title this thread "weekly" because it's probably not going to be the "official weekly" update... this is more of a "drive by". I mentioned recently that I have a favorite daily newsletter - it's called "the brew" (you can get it free at that link), and this morning they nailed a lot of topics that were already on my mind. I figured it would be worth making an appearance for these topics, so here we go! Amongst the topics... Trump/Syria/Turkey/Kurds: This one is a little complicated, so let's break it down. It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds, finger pointing at Trump because he's bailing on the Kurds when we are supposed to be babysitting them, Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and here on DinarVets we're all like "wait what about the Iraqi Dinar?!" WHEW! That was a mouthful First, I'll quote The Brew - they said it well enough: Next, let's identify "the Kurds" - I'll quote a part of this WaPo article that gives a good explanation: So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq... a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. (GO RV!) ================ Politics... Elizabeth Warren has been running ads accusing Facebook CEO Zuckerberg of supporting Trump in the last election, and her ads specifically state that the accusation may not be true. Read that again if you need to ================ Speaking of Facebook, their cryptocurrency Libra lost a ton of backers... PayPal among them, followed by Visa, Mastercard, Stripe, eBay, and Mercado Pago. Tim Apple also stated a "hard no" on an Apple Crypto, which opens up a lot of room for discussion on the future of BTC. My take is that BTC lost a serious potential competitor with Apple pulling out of the game for the moment. Tim's reasoning for not wanting to get involved in crypto actually supports the argument that crypto is destined for success - feel free to chime in on that one! I have a feeling that the recent release of the Apple credit card has more to do with their current stance on "AppleCoin" than anything else. Either way, BTC seems to have stopped pulling back on price and is poised to move up again. I'm keeping a watch on it. =============== That bit about crypto wasn't in the brew's email this morning, but they did mention bank profits... or rather, the decline in bank profits. Quoting again: I'll add a bit to that... banks aren't going to lose money when there is the option of negative interest. Negative interest is when the banks charge you to keep money in the bank, and what kind of impact do you think THAT will have on Crypto? To the moon, baby! 🚀 #HODL =================== That's enough for the Monday morning drive by... Happy Columbus day! ( Sorry, couldn't help myself!) - Adam

I should have just came out and said it, sorry for beating around the bush

As to Turkey's role in Iraq, America can punish the Turks with sanctions, that's true. However, America also has carrots for Turkey, as well as sticks: America can also use it's influence to reward Turkish financial interests in Iraq. Such as: Turkey has some of the biggest construction firms in the Middle East, such as The Agaoglu Group. It will take a massive effort to re-build Iraq. The Turks can make a lot of money helping to re-build Iraq, if things work out. The Chinese are already on-board. This can work. By America pulling back from protecting the Kurds in Syria, it sends a message to the Kurds in Iraq. This has practical implications for the Kurds in Iraq. The message is pretty loud and clear, if you follow the region: America no longer is protecting your interests. This forces the hand of the Kurds in Iraq. They have to quit being a pain in the neck, forget about having an independent country, not gonna happen. The background is: because there are Kurds in Iran as well as Turkey, as well as Syria and Iraq, when America doesn't have the backs of the Kurds in Syria, that's a strong message on American intentions in Kurdistan in Northern Iraq. The message for students of history: No one at this point is going to re-draw the map of the Middle East. Those days are gone, by about 100 year, since the Sykes-Picot Agreement redrew the political lines in the area. Obviously that agreement was flawed, it left out the Kurds, didn't give them a homeland. That's a shame. However: It's too late for them now. Kurds have to make peace with Baghdad and the other leaders in countries with Kurds. So no, the Kurds are SOL....America won't back you anymore, for your new Kurdistan Dream..... Is America just being a jerk? No, the reason is practical: The reason is, we don't need the oil in the Middle East any more, so we're leaving. Too bad, Kurds..... Make peace with your neighbors, your dreams of a homeland were squashed by American innovation on fracking oil, which means we don't need ME oil, so Kurdish dreams of a homeland were just killed permanently by both technical innovation combined with foresighted political leadership by President Trump, who as per usual, is miles ahead of everyone on political vision. So to the Kurds America is saying: make peace with the rest of Iraq, pass the oil law, revalue your currency, open up to the world. Then you'll make a lot of money. Don't want to, Kurds? Then I don't care. Talk to the hand and go fight the Turks, fight Baghdad. Not America's problem any more.

Excellent post.

Main Platform news Protests return again on the 25th of this month .. Going for round two, I think a lot of them seems to be in no hurry... The protests are back again on the 25th of this month .. The demonstrators identify 23 demands 2019-10-14 Baghdad: Yes Iraq The coordinating committees responsible for the demonstrations in Iraq, set 25 this month as the date for renewed protests, while announcing 23 demands. A statement spread on social networking sites and followed by "Yes Iraq," that "our demonstrations after the visit of the forty on the 25th of this month, will be demands are not service because services are a duty imposed on the state to provide and this is the most basic rights of the citizen." "Our demands will be as follows:" 1. Reconsider some paragraphs of the Constitution and amend them for the benefit of the nation and the people 2..Cancel the excess rings ((provincial councils… independent bodies .. Shiite endowment .. Sunni endowment .. Foundation prisoners… salaries Rafha… .. Foundation martyrs .. Hajj and Umrah)) 3. Reducing the number of members of the House of Representatives, while reducing their salaries and privileges…. 4..Activating the law ((Where did you get this)) ... And start with officials from the year 2003 and so far .. And compare what he had before this date .. And what he owns now 5 .. Financial control audits the accounts of financial parties .. And know the source of their money…. 6… Equitable distribution of the wealth of the country to the people and the adjustment of the salary scale of employees .. so that there are no differences between the ministry and another 7 .. Abolish the privileges and prose of the three presidents. 8 .. Re - Ministry of Information as the former and the cancellation of the Iraqi Information Network 9 .. Transformation from a parliamentary system to a republican system 10 .. Support the national product and activate the rehabilitation of factories, factories and agriculture and the provision of water shares in Iraq within the framework of international treaties and agreements 11 .. Dissolution of religious party factions and the establishment and reconstruction of a strong Iraqi army and building a national intelligence service is the pillar of the state 12 .. Abolition of the law of question and justice put by Bremer and Ahmad Chalabi and the abolition of the Integrity Commission 13 .. Rumaila gas exploitation to lose Iraq daily $ 20 million must be invested and make fuel for power plants and prevent the import of Iranian gas 14… Construction of substations on black oil and gas Construction of alternative plants on solar energy, wind and landfill waste like the rest of the world 15… Abolish the idea of developing the provinces or territory and make all 18 provinces of Iraq belong to Baghdad, the central capital 16 .. Revenues and imports of religious shrines and shrines go to the Ministry of Awqaf and Religious Affairs as a national import within the budget of the country 17 .. Support the farmer seeds and fertilizer and agricultural mechanisms and support the agricultural product so that Iraq is self-sufficient in agriculture, livestock and fisheries 18… Making Iraq as a former era of ownership of an agricultural country, tourist, industrial, oil, spare parts for young people .. 19… Fixing all contracts working in the state institutions such as ministerial, daily wages, contracts for the development of regions, lecturers and free employees on permanent owners. 20. Allocation of a monthly salary to each Iraqi individual of the oil quota of not less than five hundred dollars per month 21. Allocation of salary for graduates, the unemployed and those with special needs 22 .. Construction of housing complexes to housing the poor and the distribution of plots of land 23. Reduce the interest of government bank advances

I fight every day to put food on the table if I don’t make jokes about life the negative will destroy me i think many are like that make some jokes to offset a real hard life be blessed its coming soon

Bruce, Weegie And TNT Tony Were Spotted Heading Towards The Rumor Section In A Stolen Semi To Do A Drive-By !

This thread is now a "personal attack thread". All polite responses will be ignored.

Thanks Shedagal, was laid up for a LONG WHILE with Pneumonia. It really but me on my butt. I will be out and back this weekend if all goes well.

With the fragility of world affairs today, both politically and economically, the possibility of a complete financial collapse (or at the very least a strong pullback) could be around the corner. Cryptocurrency is, if nothing else, a good insurance plan. Everyone should have a little invested. Thanks for the post Adam

Yes. It is and it appears to always be the same few people attacking and going on and on about politics. Can we get back to dinar and leave all the other stuff out lol...

How about you all keep the political rhetoric in the Opinions section. It’s bad enough that we are inundated with politics by every form of media out there. Most of us are here for IQD news. Thanks for your consideration in this.

Thanks Ron, getting back in the game here. Should be up and running by the weekend.

Floridian, you are absolutely correct. Not only gutless wonders but politicians an Trump is either. Sometimes I shake my head an wonder what the hell were you thinking but usually it works out to his Benefit...

What ever we were doing before and after obamma is the answer. Bringing back jobs and reopen the crazy asylums. Kick out the illegals/lawbreakers, put a STOp to government/public pensions and the cost of living will go down. Its that easy! 😄 Ohh, and build that wall 10 feet higher, lol.

Awesome info Adam. Thanks for all your hard work

We know We know.....stop talking and do it already. Oops, forgot, gotta form a committee to study this don’t you. This type of article has been rehashed the past few years it’s no longer hash....just goo. Yet still here we are, taking no action.

Trump: Sanctions are coming against Turkey, but we will not intervene militarily 14 October 2019 02:54 PM From: Sally Ismail Direct: US President Donald Trump said that Kurdish forces may release some members of the organization Daesh to force the United States to intervene in the region, but hinted that there are potential sanctions against Turkey. "We will not fight another war between those who have been fighting each other for nearly 200 years," the president wrote in a tweet on his Twitter account on Monday, referring to Turkey and the Kurds. Turkey began a military operation in northeastern Syria last week after Washington withdrew its forces from the region . Trump said Europe had a chance to get ISIS prisoners but did not want the cost, saying they preferred the principle of "let the United States pay." Trump said the Kurds might release some ISIS members in order to get the United States to intervene. He said it was very easy for Turkey or the European countries from which many come from to reunite their families but they should move quickly. Trump said: "There are big sanctions await Turkey!", Wondering: "Do people really think that we should fight a war with NATO member Turkey?".

Launch of the Southern Banking Guide October 14, 2019

This is what Buddy looks like...

I don’t care about anything. I just hang out here to get entertained by the clown. Better than watching TV.

It didn't take a crystal ball to see that coming! Thanks for the article Cheers bud! Glad I could shed some light on a few things. Some of us, including myself. Sorry if you can't handle some light humor, but that's not on me... that's on you, my friend.

Trump Just Announced About An Hour Ago Some Details On The Turkish Sanctions He Will Be Implementing (Above) !

Thanks Adam for the drive by. Always look forward to your post and insight.

The Kurds in Iraq are refusing to sack Prime Minister Adel Abdul Mahdi in the run-up to a six-year deal with Baghdad, a US report says. "The ongoing negotiations between Erbil and Baghdad on the outstanding issues have made the official authorities in Erbil opposed the demands of demonstrators in Baghdad and the southern provinces to dismiss the central government, but the recognition of the legitimacy of the rest of the demands, especially the need for political and economic reform."

No it isn't. This is all about he beat the chosen one. Hillarious was to win and he beat her and the establishment. That has had them in a tizzy ever since.

I've gotta say, this guy's got guts! He makes it look like past Presidents have really been "gutless wonders". Now if only they could get those sanctions put on Turkey immediately (like today) maybe that nut, Erdogan will stop this insanity.

( IQD Rates - Updated: Monday - 10/14/2019 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 10-14-2019) 1193.885 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES - Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)

And U Are ?

Added At 6:50 PM EDT: 10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.

Hi Adam! I'll give my customary congratulatory post of gratitude for Your OUTSTANDING WORK AND THANK YOU VERY MUCH while the "sensitive" "feelings" "posters" get "offended" by my "politeness"!!! Hey, HERE is something well worth the watch AND is NOT about The True The United States Of America Patriot President Donald J Trump!!! As relevant TODAY with The True The United States Of America Patriot President Donald J Trump AS WITH Ronald Reagan!!! I sure am FORTUNATE The True The United States Of America Patriot President Donald J Trump Believes AND Applies what Ronald Reagan spoke on like ALL True The United States Of America Patriots!!! Go Moola Nova (YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!)

The UN is facing its worst financial crisis in a decade By AhadNA4 12/10/2019 05:15 PM | Number Of Readings Al-Ahd News- Continue UNITED NATIONS (Reuters) - The United Nations said on Friday it was facing its worst financial crisis in a decade and that it may be unable to pay its staff by the end of this month. Secretary-General Antonio Guterres sent a letter to UN staff outlining looming austerity measures, which he said would mean fewer flights, receptions, documents, reports, translations and even water refrigerators, as well as restricting employment. Guterres described the current crisis as "the worst monetary crisis facing the United Nations in almost a decade," warning that the organization "is in danger of depleting its reserves of liquidity by the end of this month and default on payments of staff." Reporters said austerity measures were visible at the organization's headquarters in New York, such as the stopping of escalators and the absence of central heating, and even the restaurant for diplomats is closed at 5 pm. "There will be an impact on the work of the Organization in various aspects. Instead of focusing on our priorities, we are preoccupied with how to prioritize expenditures," said Secretary-General Stephane Dujarric's spokesman. "We really don't have a choice," said Catherine Pollard, the organization's management official. The United Nations has revealed a deficit of $ 1.4 billion in its operational budget for the year and has blamed the funding gap on 64 countries in arrears. Only seven of these countries accounted for 90% of the deficit, the first being the United States, which owed more than $ 1 billion, followed by Brazil, Argentina, Mexico, Iran, Israel and Venezuela. "When the rich refuse to pay, it is the poor who bear the burden," said a UN official, speaking on condition of anonymity. At the 18th Doha Forum late last year, Qatari Foreign Minister Sheikh Mohammed bin Abdul Rahman Al Thani announced the signing of a multi-year agreement worth $ 500 million to support a number of United Nations organizations. International Organization. is over/6

And The Stolen 18 Wheeler Reportedly Had A Set Of Jingle Balls Hanging From The Rear Bumper !

10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive. 10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up. 10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but inter-banking is certainly the possibility, the CBI has stated themselves that they are working towards that, but we'll have to wait and see when they accept Article VIII what happens. 10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo. ***************** Sunday Midnight Opinion ***************** 10-13-2019 Newshound Guru Whitelions ...I know the biggest problem is 99% of the people that got into this did it on the word or [of?] a quick payout and here we are still here but it will happen and fairly quick now...there is no going back now too much has and is being done but again to many people have pumped this now now that it very hard for people to just watch it unfold at the pace it needs to take to get it done right.

Where does the Iraqi Bitcoin fall on the monopoly board...Go, Community Chest or Chance?

Saw that you've been sick. Hope you are on the mend.

Tamimi Government: Revitalizing the private sector is an important step in solving the crisis Date: 2019/10/14 16:40 • 163 times read https://alforatnews.com/modules/news/article.php?storyid=214988 BAGHDAD: Al-Tamimi MP called on the government to activate the private sector to employ thousands of graduates as an important part of resolving the current crisis. Tamimi said in a statement, received (Euphrates News) a copy, that "the private sector in most countries of the world and a significant and influential role in the progress of any country and its development of investments and projects reflected positively on the economic reality of the country." He added, "What the country has witnessed during the past period of demonstrations with legitimate demands comes from the reasons in response to the state of indifference to the revitalization of the private sector as a main tributary to employ thousands of graduates and the unemployed and an important resource for the state budget." He stressed the importance of the private sector to make the necessary efforts to contribute to the advancement of the economy and investment in the country and reduce dependence on other countries.

@Shabibilicious You don't know how much this statement worries me: "Obstruction of justice is an unlawful and an impeachable offense....Mueller did not exonerate Trump from such and Trump's AG, Mr Barr, has done his best to shelter Trump from it. Fact." To imply guilt through not being Exonerated is third world, gestoppo mentality. What about the the FACT that no evidence was found to prove any crimes were broken? Indy

The price of the dollar on the stock exchange fight today Release date:: 2019/10/14 9:30 • 426 times read BAGHDAD: Foreign currency markets in Baghdad, on Monday, stabilized the exchange rate of the US dollar against the Iraqi dinar. The market price in Baghdad today is 1204 dinars per dollar, or 120 thousand and 400 dinars for one hundred dollars. The prices of buying and selling the dollar exchange companies, as follows: The sale price per dollar 1207.5 dinars, or 120 thousand and 750 dinars for one hundred dollars. The purchase price of the dollar 1197.5 dinars, or 119 thousand and 750 dinars for one hundred dollars. The price of foreign currencies, gold and crude oil - until the preparation of this news: Euro World price: 100 euro = 110.37 GBP World price: 100 pounds = 126.05 Turkish lira World price: 100 dollars = 590.07 Turkish ounce Gold price worldwide 1487.40 dollars a barrel price of oil Brent crude = $ 60.16 The price of a barrel of US crude oil = $ 54.40

Iraqi-Egyptian meeting to discuss the mechanism of reopening Rafidain branch in Cairo 14/10/2019 Economy News _ Baghdad An Iraqi delegation has held an extensive meeting with the Egyptian delegation to discuss arrangements for reopening the Rafidain branch in the Egyptian capital, Rafidain Bank said Monday. "An Iraqi delegation comprising the Undersecretary of the Ministry of Finance and Director General of Rafidain Bank Khawla Taleb Jabbar and a number of officials in the relevant departments and authorities discussed in a meeting in Baghdad with an Egyptian delegation represented by the Assistant Foreign Minister," the bank's media office said in a statement. "The mechanism and conditions for the reopening of the bank's branch in Cairo," he said. He added that the two sides discussed the settlement of indebtedness between the two countries and the elimination of all obstacles and problems facing it and the two sides exchanged different views on the outstanding issues that hinder the opening of the branch, pointing out that the two sides stressed the need to accelerate the completion of this important event of interest. And benefit both sides and the public interest. " Rafidain Bank is one of the main government banks with branches in neighboring countries in addition to Lebanon.

Spartacus and Rhona, you need only to read this book which was printed long before Obama became POTUS. Then and only then can you understand his mindset. It was and still is far and away from what you think and believe. I challenge you to read it......then come back and try to sell me on the idea that he is Christian.

Even in the face of ALL that has happened in the past week, they're still dragging their feet ???????? Since their unwillingness to recognize deadlines is most obvious, maybe they think they can just TALK their way past the demonstrators demands without making good on necessary reforms . . . oh, and STOP the CURRENCY AUCTIONS you slackers.

I have to politely disagree with you. I don't want a majority of countries, which mine might not be a part of, to vote on something that will affect me in my country.

Why the negs succckkjaaasss meatballs you neg cool say why

EBay and Visa to withdraw from Facebook currency project 12 October 2019 12:28 AM Mubasher: eBay, Strip and Visa announced plans to withdraw from the Libra e-currency project. This comes one week after PayPal announced its withdrawal from the Libra project as government regulators continued to investigate the currency Ebay said in a statement on Friday that the company respected the vision of the Association of the project "Libra", but made a decision not to move forward A spokesman for "Visa" that the company will continue to evaluate and will determine our final decision through a number of factors, including the ability of the Libera Association to meet all the regulatory expectations fully required, according to "CNBC." The company also supports projects aimed at making online commerce easier around the world and the company will remain open to work with the Libera Association at a later stage, ”a spokesman for the company said in a statement All companies have shown that they respect and see the possibility of completing the project, but have chosen to focus on other efforts The Financial Times reported that MasterCard also plans to withdraw from the Libra project link

I am part Canadian and part American and both of me love him!😄

Welll, Well, Well, the Arab nations calling for a big sit down concerning one of their country's security. I will admit I scratch my head at some of Trumps decisions but you have to admit they seem to work. Example, I'm sure every saw where the USA an China signed a trade agreement on Friday an now the Arab nations talking about defending one of their country's themselves obviously without help from the USA. These countries it appears are being forced to put on their big boy pants an defend their own countr, wow what a concept...