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Showing content with the highest reputation on 03/12/2020 in all areas

  1. Hey hey DinarVets! I was out yesterday and most of the day before with a bit of a bug - I didn't die, so I assume it's not Corona. Or maybe it was, and I beat it. Wouldn't surprise me. This is just going to be a brief post for today. I spent the weekend (before I was attacked by that bug) working on a deep-dive post regarding Iraq's Budget and CBI Auctions. I'll get that posted by tomorrow morning. To the present moment... we are looking at one of the craziest times in world news that we have ever seen. We may not have an actual health emergency on our hands - the plain old flu is more dangerous to the population, strictly by the numbers - but we certainly do have a financial crisis on our hands. The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30. BTC leapt off the cliff and plummeted to $6000, wiping out all the recent gains. Stocks... don't even get me started on the markets, I'm just thankful @Pitcher has been willing to share thoughts over the last few updates! It hasn't been pretty. Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere. Especially not in public without some kind of contraption on our faces I'm really short on time today, so I'm going to get this posted for now. Stay tuned for the update on the Auctions and the Budget - I just need to proof it once more and it will be up. OSI members, I'm a day behind regarding that last notice we were discussing. I'll be following up on that one shortly as well. Thanks for your patience! Talk soon! - Adam
    21 points
  2. ... by the letter “tomorrow” I picked up some kind of bug over the last couple days. Or maybe I’m finding the cure to CV. Either way I’ll see you tomorrow
    13 points
  3. In January, I posted about Breitling and his partner doing webinars on tax planning for the RV. Today I got a message from his partner (which went out to all people on Breitling's mailing list) saying that, with oil prices dropping, they decided to add an extra webinar later this month because basically, time is short now. It seems that Breitling, my favorite dinar guru. thinks these oil wars may indeed push Iraq to RV quickly. If you want to attend the webinar (which are free) go to Breitling's site and at the end of his audios, he gives you the website where you can sign up for them. But the fact that Breitling feels there's a good chance the RV may happen pretty soon gives me a nice dose of hopium that has a good chance of being true! GOOOOOOOOOO RV!!!
    11 points
  4. Really - Is There Some Kind Of A Bug Going Around ? I Hadn’t Heard ...
    10 points
  5. Not to make light of a serious issue -------- but it appears our friends across the ocean have solutions for us all
    9 points
  6. 9 points
  7. The United States Of America HAS Truck Load Upon Truck Load AND Warehouse Upon Warehouse AND Plane Load Upon Plane Load AND Naval Vessel Upon Naval Vessel LOCALLY OF Big Ole Cans Of Whoop EASILY OPENED!!!!!!!!!!!!!!!!!!!!!! ANY QUESTIONS???!!! DDDIIISSSMMMIIISSSSSSEEEDDD!!!!!!!!!!!!!!!!!!!!! I am adverse to inferences of profanity in ANY instance WHEREAS unapologetically support OUR The United States Of America Service Persons AND WILL NOT TOLERATE ANY The United States Of America Service Persons BEING HARMED BY ANY ENEMY!!!!!!!!!!!!!!!!!!!!! LET'S FINISH IT!!!!!!!!!!!!!!!!!!!!! YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!! Our True The United States Of America Patriot President Donald J Trump, True The United States Of America Patriot House Of Representatives, True The United States Of America Patriot Senators, AND ESPECIALLY OUR MILITARY MUST HAVE OUR PRAYERFUL AND OTHERWISE support IN EVERY WAY POSSIBLE NOW!!! Go Moola Nova!
    9 points
  8. 8 points
  9. # 6 is interesting The Iraqi parliament issues 8 recommendations to the government to avoid the risks of a global economic crisis 2020/03/12 04:37:24 A- A A+ Shafaq News / The Parliamentary Economy and Investment Committee urged on Thursday the Iraqi government to implement recommendations and decisions to avoid the country risks of a looming global economic crisis after the collapse of oil prices and the spread of a virus in most countries of the world. The committee said in a statement today that it is deeply concerned with the low prices of oil sales and requests the government to take the necessary precautions to face a looming global economic crisis on the horizon, which will have a strong impact on the Iraqi economy in light of the deficit and debt burdened by the state's general budget. The committee asked the government to take a number of measures and decisions through which it can manage the financial crisis, as follows: - 1 - Stopping investment spending and reducing operational spending in all aspects of government activity immediately. 2- Agree with the creditors to postpone the payment of Iraq's external and internal debts until the financial situation improves. 3- Obtaining state debts on mobile phone companies and telecommunications companies. 4- Stop the payment of amounts to the investors of the electricity sector. 5- Work to enhance government imports and supply the treasury with the region's value of crude oil exports and border crossings. 6- Review the exchange rates from the Central Bank of Iraq to ensure prices that do not affect the citizen and at the same time secure the salaries of state employees. 7- Form a supreme committee to impose the management of Iraqi treasury funds and to follow up the ministries, agencies and institutions that are lagging behind in paying the money obligated to collect them for the public treasury. 8- Any other measures that the government deems necessary to maintain the hard currency and prevent wastage in spending. https://www.shafaaq.com/en/economy/the-iraqi-parliament-issues-8-recommendations-to-the-government-to-avoid-the-risks-of-a-global-economic-crisis/
    7 points
  10. Low oil prices.... higher deficit Corona virus People protesting against the GOI Budget 2020 still in discussion GOI still looking for a new PM Iran interventionism In my opinion this is the perfect smoke screen designed to obscure, confuse, or mislead. I think we are close. Go RV
    7 points
  11. Ya - Who Knew That Dinar Investors Quarantine Would Be Serving A Life Sentence ! A Decade Or So Ago A Really Sincere Sounding Guy Named Tony Told Us That We’d All Be Cashing Out The Following Weekend...
    7 points
  12. Iran thinks the Coronavirus is a problem, they are about to get hammered. The US is about to use it's Trump Card.
    7 points
  13. Thanks Adam. DOW will hit 20,000 tomorrow SUDDENLY SUDDENLY SUDDENLY SUNDAY
    6 points
  14. 3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens, it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it... 3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of... 3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
    6 points
  15. @ronscarpa I was working this last weekend on a post regarding the Auctions. Just want you to know I appreciate you posting these Auction updates!
    6 points
  16. Karma's a *****! Islamic Scholar Who Said Coronavirus Was “Allah’s Punishment” Gets Coronavirus An Islamic scholar who said the coronavirus was “Allah’s punishment” for China’s treatment of Muslims now has coronavirus. How ironic. Back in February, Hadi Al-Modarresi, who is based in Iran, said that the coronavirus outbreak was “undoubtedly an act of Allah that is divine punishment against the Chinese for their treatment, mockery, and disrespect towards Muslims and Islam,” reported MEMRI-TV. “It is obvious that the spread of this virus is an act of Allah. How do we know this? The spread of the coronavirus began in China, an ancient and vast country, the population of which makes up one seventh of humanity,” said Al-Modarresi. 1,172 people are talking about this “More than a billion people live in that country. The authorities in that country are tyrannical and they laid siege to more than a million Muslims and placed them under house arrest. The journalists in that country began to mock the niqab of Muslim women and they forced Muslim men to eat pork and drink wine. Allah sent a disease upon them and this disease laid siege to 40 million [Chinese people]. The same niqab that they mocked has been forced upon them, both men and women, by Allah, by means of the state authorities and officials,” he added. It is now being reported that Al-Modarresi has contracted coronavirus, meaning that Allah must obviously be punishing him for wrongdoing. The scholar tweeted to his almost 1 million followers with a prayer to Muhammad and the revelation that “The health of His Eminence is in a marked improvement.” 1,294 people are talking about this He also tweeted an image of himself wearing a surgical mask. 295 people are talking about this Twitter users reacted with little in the way of sympathy. “Allah 0 – coronavirus 1,” remarked one. “He shows a great capacity for convoluted reasoning. Of course it is all based on 7th century logic,” added another.
    6 points
  17. I've made a case in @coorslite21 thread "The Perfect Storm" that could see the RV/RI by Sunday.
    6 points
  18. Thanks CSM Thack, and I agree with you 64jaguar - I'm ready to be done with Iraq. When I first got into this in 2009 I was idealistic and was very willing to re-invest in Iraq, but enough is enough..!
    6 points
  19. ( IQD Rates - Updated: Thursday - 3/12/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 3-10-2020) 1196.914 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) (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020 That's All Folks - Until Next Sunday - Be Blessed, and have a good weekend - RON
    6 points
  20. Master Yota, please come back Jedi Lord of the Rebel Realm
    6 points
  21. The amount of times that I gave up on this investment seem to be running neck and neck with how many times the Dinar was supposed to RV.
    6 points
  22. I have not read through all the replies and such , but with all this downward pressure on the IQD ; if the GOI and CBI want to stop their economy from free falling, as Russia and S.A. play badly ; and they want to keep economic investment coming into Iraq , this pressure should force them to revalue their currency. Per the "experts" that is. Am I wrong?
    6 points
  23. T.E. Lawrence: Sherif Ali, so long as the Arabs fight tribe against tribe, so long will they be a little people, a silly people, greedy, barbarous, and cruel as you are.
    6 points
  24. So you have gotten tired of waiting for the Iraqi's too, and so you are looking for that Currency Value button and you are gonna make it happen! THANK YOU GET WELL QUICKLY!
    6 points
  25. Thursday - March 12, 2020 CBI - Foreign Currency Selling Window for Sunday, 15/3/2020 that was performed on Thursday, 12/3/2020 Announcement No.(4163) Sale Date - 15/3/2020 performed on Thursday - 12/3/2020 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 213,042,260 Total sale cash 20,490,000 Total sale amount 233,532,260 Note: Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar. Cash selling price is (1190) ID for each Dollar. Link: » The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) for Sunday 15/3/2020 and executed on Thursday 3/23/2020
    5 points
  26. 3-11-2020 Intel Guru Frank26 Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit... 3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on? 3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
    5 points
  27. Thanks Ron! I'm getting to the point where I really don't care who's PM. I know that's not fair to the people of Iraq, but if it gives them a window to increase the Dinar value then just DO IT! I don't plan on hanging around in Iraq anyways!
    5 points
  28. President Trump is the best president we've ever had. He cares about America and her citizens
    5 points
  29. Whoop Ass leaving the can.
    5 points
  30. I don’t know Chuck. There will be Real damage to the economy the longer this goes on. Look at all the closings. That is going to have a profound effect on the economy/earnings. Once the economy powers down it takes time to rebuild confidence and earnings. We are around 28% off the highs now. We may go to 37-40% if this CV takes longer to run it’s course. In the Spanish Flu the low was 37%. We have to get the health situation right and people back to work before the Market can get right. It’s going to be a rough couple of months. There will be starts and fits while it all gets worked out
    4 points
  31. Sorry I used that word, let’s try garbage. The TP discussion got me thinking that word 😂 😆 😝
    4 points
  32. This site, thread is just an example of how divided we are as a nation. Not only divided but very passionate about what we believe. I like the give and take but not the name calling crap.
    4 points
  33. All this drama all the time....very tiring.....probably time for a nap......or perhaps I'll run down to the local shoppe an see if they're still out of TP....seems around DV lately a little TP could be useful.... CL
    4 points
  34. 4 points
  35. IQD Currency Exchange Rates Thursday - 3/12/2020 Exchange Rates US dollar USD 1190.000 Euro EUR 1348.984 Pound sterling GBP 1537.480 Canadian dollar CAD 865.769 Swiss franc S.FR 1271.979 Swedish krona SEK 125.522 Norwegian krone NOK 124.264 Danish krone DKK 180.525 Japanese yen JPY 11.333 Chinese Yuan CNY 171.115 Australian dollar AUD 774.095 Special drawing rights SDR 1656.016 Gold for 24-ounce Gold 1954732.500
    4 points
  36. For the record.....I reported this post....all a personal attack with no substance to the topic......CL
    4 points
  37. We miss you @Yota.. our thoughts and prayers are with you. I myself am leaving tomorrow to see my step father...probably to say thanks for everything and goodbye. 😭
    4 points
  38. The reason we can’t get kits is because we sent thousands to China. They are making new kits. What do you want Trump to do, make the kits himself. You are using this as are all Dems to bash the President. Pathetic. What have you and your Dem Congress produced, a paritisan pork fest bill. Pathetic, holding up money to help in the crisis situation to get their pork.
    4 points
  39. I knew you would throw that in my face one day. It’s ok, I threw a cheap shot yesterday so I deserved it. I can 😝 at your statement because I know where you are coming from and it’s not personal. ( is it, haha). Yes I am angry as hell at our leaders. The Dems Answer to Trumps Stimulus was Partisan. She is holding up money needed to help by asking for abortion money. Really. Unbelievable. Yes that makes me very angry.
    4 points
  40. Makes perfect sense, POSITIVE!!!!
    4 points
  41. Now that brought back some AWESOME memories!!👍🇺🇸
    4 points
  42. I wouldn't trust them to inject ANYTHING into me!! They'll probably lace it with something to take you out, for good!
    4 points


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