Leaderboard

Once Again, NO Daily Auction today. Sunday - 3/22/2020 This, along with the ISX closed is a very interesting prospect. That's 6 consecutive days (2 days closed), 4 no Auction days.

At a time when everyone is concerned with "Corona" news of a military coup in Iraq led by "America" Sunday, March 22, 2020 Baghdad / Sky Press A Kuwaiti newspaper reported that the United States was planning to carry out a military coup in Iraq, noting that it had informed its allies in Baghdad about the matter. The Kuwaiti newspaper "Al-Jarida" quoted a source in the Iranian Quds Force that "the Revolutionary Guards and factions in Iraq, particularly the Popular Mobilization Committee, announced the state of alert with all the forces in anticipation of a military coup organized by the Americans to seize power in Baghdad." The source added, "The Iranian security services obtained intelligence information that the Americans informed their allies in Baghdad that relying on civil society organizations is no longer effective, and will not succeed, without a parallel move by the armed forces loyal to Washington to finish off Tehran and its allies in Iraq." The source pointed out that "the political structure that exists in Iraq does not allow the Americans to have a Prime Minister loyal to them, except in the event of a military coup loyal to Washington to control power." He continued, "The Iranians have opened extensive communication channels with Iraqi and Sunni Iraqi parties to form an alliance facing new American plans, especially in light of Washington's attempt to exploit Tehran's preoccupation with confronting Corona's virus outbreak, to pass it," explaining that "the Iranians are trying to convince all Iraqi political parties that everyone's interest is It requires that a civilian prime minister be able to control power in any way, and that any military coup, if it occurs, will mean that everyone will lose all of their gains, and perhaps return Iraq to the way it was under the rule of dictator Saddam Hussein. The source pointed out that the assassination of the Quds Force Commander Qassem Soleimani and Deputy Chairman of the Popular Mobilization Authority, Abu Mahdi Al-Muhandis, represented "the beginning of the American move to seize power in Iraq, because the Americans knew that Soleimani had close contacts with many Iraqi politicians, and he could turn the table over them." At any moment. " http://www.skypressiq.net/2020/3/22/في-الوق-ت-الذي-ينشغ-ل-الجمي-ع-بال-كورون-ا-انب-اء-ع-ن-انق-لاب-عسكري-ب-العراق-بقي-ادة-ام-ريكا

3-21-2020 Newshound Guru MilitiaMan ...I believe from quite a few things that we could point to that supports this is #gameover...We haven’t seen any auctions of late...possibly because they are no longer going to be fed dollars to afford to be able to do them, as Iraq is to cease MCPs per Article 8 requirements of the IMF...So with Alak saying they are not going to devalue, oil having tanked and the dollar being scarce and has to cease being used in the auctions, the rate will have to increase! ...My conversation today with Delta, aside from the turmoil from the cv19, the time frame we are in now is the best I have ever seen to date. I am not alone on that. 3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus... 3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future. 3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost... ******************* Friday Midnight Opinions ****************** 3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened..! - imo 3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time. 3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies... That's all folks...!

Changes underway.!! Thanks for the post Ron.

Praise God - all I got to say

Thanks Ron, much appreciated sir, keeping the faith

yeah , sounds like a coup alright .... ( oh wait a second / a coup attempt is when the sitting party of a country is getting booted out , ---> not smashing the metaling corrupt neighbors that are still in the wrong country stirring up havoc ... not a coup

Holy Mackerel RodAndReel - He Just Got Totally Fish ‘School’ed With A Sucker Fish Punch ! And Probably Just For The Halibut ...

These guys don't even update their actions before there was covid19...they may never update the auctions until this whole virus is gone. Their offices are probably empty by now..no one is working. They are giving borrowers 3 months to pay their loans because of the virus

LMAO!!! These thieves have no shame. In one breath they say their stopping the payment of loans for 3 months an in the next breath begging for more loans. Is there any hope for this basackwards country???

Also no change to the Market Rate since the last Auction..! ( IQD Rates - Updated: Sunday - 3/22/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 3-16-2020) 1203.455 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

Yeah I know wealthhound, just some poor miserable soul with HUGE and DEEP issues. It is what it is brother.

Good Morning guys - thanks - definitely more interesting because there was no Auction today..!

Starr

LINK The Central Bank of Iraq decides to postpone the payment of loan installments for a period of three months 21st March, 2020 (stock photo from approx. 2 yrs ago) The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced that the loan installments were postponed for a period of three months due to the crisis that Iraq is currently going through Al-Alaq said in a press statement received by "Al-Iqtisad News", that "in light of the circumstances the country is going through, and for the purpose of relieving the financial burdens on clients with the banking system, the Central Bank decided to postpone the payment of the premiums from the beneficiaries of its initiatives to support small and medium-sized projects (two initiatives And five trillion dinars) for a period of three months, including real estate bank and housing fund loans funded by the central bank, and that the postponement does not result in any increase in interest He added that the Central Bank is continuing its consultations with the various bank departments for the purpose of taking appropriate measures from them regarding other types of loans

Start CPR immediately!!

Got my vote. With lock down, it allows me to get things in order. Figure driving distance to Adam's lawyers and everything set up before I go back to work to tender my resignation.

3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms... 3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change... 3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright..! 3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening... AND SO, THE BEAT GOES ON..!

Well there is this article from 6 days ago, that I saw today. Regarding foreign intervention into Iraq, again, to bounce Iran and its Iraqi sympathizers back to Iran. If we do this I hope we give Iraq back to the Iraqis asap, make them RV, then say ba bye to them. raq market: stop the organization of trading sessions and trading activity in securities as of tomorrow 16th March, 2020 The Iraqi Stock Exchange announced that it would not organize trading sessions and stop trading activity in securities as of tomorrow. Translation.... Based on the decisions of the health crisis of 2020/3/15. The Board of Governors decided not to organize trading sessions and the suspension of stock dealings from Tuesday 2020/3/1 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24. Two more days ... could be. I just pray it does not take to long. No more meeting and quorum games, etc .

3-22-2020 DWS112 Well there's alot going on right now! another tidbit to add this weekend is the fact that March 21st (yesterday) was the Iranian Fiscal New Year! Is it possible when the CBI has repeated many times, "it has to be completed at the beginning of the new fiscal year!" They meant March 21st? There sure are a lot of members in the GOI who seem to lean towards Iran...let's see if this pans out in the next day or so. AND of course this little tidbit is JMO

Thank you Pitcher for a calm and rational explanation. True Markets rebound but we must also be reminded as we travel through these uncertain times that there are many younger ones worldwide that have never known tough times, never had to draw on their own reserves and inner strength to accept what is happening in the world today. But at the same time they are more fortunate than those of generations pasts because even in their isolation they have social media to help them keep in touch. My prayers and thoughts are with those who will struggle to keep the roof over theirs heads and food on their tables and their bills paid, and at the same time thank God for allowing me to appreciate the simple life I have.

When things get real negative and all seems lost I try to tune all that negative stuff out and start looking for opportunities. We all know the Stock Market is beat up and oversold. I believe we are going lower as the CV spreads in the USA. What we are all going through has never happened, but one day it will end. New Therapies and Vaccines will be developed and life will go on. Think about all the opportunities that will be coming. I’m a Stock Trader so I’ve been working on a list of stocks that I believe will come back because in 2-3 years I don’t want to say, “ Damn I missed the opportunity of a lifetime”. It’s kind of the same psychology as why we all bought Dinars. Buy low sell high and we all thought we were buying low. I can’t pinpoint exactly when the Stock Market will turn back up but it will. At some point the CV will run it’s course naturally or end with new Vaccines and Therapies. The question is, will you be ready to seize the opportunity when things get better by spending your time off educating and preparing for the Great Recovery. At at some point stocks become so oversold it’s just stupid. The Market is pricing some stocks as though they have zero value. When you see CEO’s buying their own companies that will be a good sign that this CV sell off is over done. Below is a chart that shows exactly what I’m talking about. Im not recommending you go buy FRGI, it’s only an example of what I think will happen in the coming weeks and months as smart investors who have done their homework will roll the dice and take a swing on their favorite stocks. I will I’ll not give you my picks because I’m no guru but just as I tried to warn you of what I saw coming in the down fall I’m telling you I believe we will go back up. Markets overshoot to the upside and they do the same to the downside. We WILL probably go lower because we are not through the worst part of the CV but start preparing for the eventual burst back up. I haven’t made any new Long investments or put on any Swings yet but I’m ready when I see the right things. Please DO NOT GO BUY THIS COMPANY!!! I’m only using this chart to illustrate the possible bursts that will be coming at some point. There are many factors bringing our Market down right now. Eventually all that need to sell will be out and all those that are shorting will have to cover as strong investors RUSH in to buy a bargain. That is what this chart shows. Mostly shortie covering and getting out and true bargain hunters getting in. Stay positive, be safe, and prepare for the eventual Great Recovery. If not in the Stock Market, then whatever you choose.

Blessing DV family! Weeks ago on our site we said we were going to pray at 11, I believe it was. For me, it's a bit later than that because I just finished listening to an online sermon. I'd like to share a bit of that here. Today, amidst all that we are going through together, yet each of us has an individual experience at this time. The sermon I listened too shared about God wanting us to STOP. Take this time to grow closer to Him. He's got this! He knew it would be here. It's not the first time and it won't be the last. It is probably the first experience for many or us here, but not for God. Great blessings will come from our current situation. We need only to wait on Him and cleave to Him. We won't see the miracles wrought right now, but there are happening as we speak. He will never leave or forsake us. In Joshua 3, before He brought His kids out of the 40 years of wilderness, He had them STOP and camp for three days. Then He told them to follow The Ark of The Covenant to cross the Jordan river. We are to cleave to the Word of God we know and build it deeper into our hearts right now. How awesome that God speaks to us as individuals too, and will walk and talk with each of us as exactly that, individuals! The world will not be the same when we get through this. There will be many great things that will be wrought. How thankful that each of us have the privilege to witness this! So, STOP......don't be stirred up in your hearts....cleave to Him, love others, speak life not death, Glorify our God. We will surely have ample opportunity to be abundantly blessed going forward!! Gracious God, thank you for each of our hearts and lives today. May the devil be bound! He thinks he's got an upper hand but nothing could be further from the truth! You've set before us, Your Beloved, an opportunity to be witnesses of Your GRACE, MERCY, LOVE, FORGIVENESS, and PROTECTION and and we claim it in the name of Your Son. JESUS CHRIST, AMEN. WH.

Starr

Starr

Starr

Okay come on our President is dealing with a pandemic, a PAMDEMIC and can still deal activity in foreign policy I am so proud to be an American right now. President Donald Trump God's David

Man wouldn’t it be nice to just decide not to pay back the money you were loaned out for a few months.. and then just decide, hey, we need more money from loans... I take it their “credit score” means nothing.. My bank would laugh me out of there if I walked in asking for money but also decided not to pay on previous loans..

Like an RV tomorrow 3/22..... Thanks for all the good information you bring to DV.

Confirmed leaks behind the scenes (Iraq Today) gets the number of deputies supporting the government of Al-Zrafi and the opposition blocs Policy , 03/22/2020 23:12 Baghdad - Iraq today: (Iraq Today) obtained confirmed information indicating the number of political blocs in support of the passing of the government of Prime Minister-designate Adnan al-Zarfi, as well as the opposition blocs to pass the prospective government. And among a private source, the number of deputies supporting Al-Zorfi amounted to 216deputies from the various political blocs, while the opposition side reached only 78 deputies. The source pointed out, the Sawiron bloc has 50 deputies and the victory alliance 25, the Iraqi Forces Union 45, the Kurdistan Alliance 39 deputies as well as the National List 21, as well as the wisdom stream 15 deputies and the Kurdish Change Movement 8 deputies and the new generation movement 3 deputies, as well as dissidents from The state of law has 6 deputies, and also a portion of the conquest amounted to 9 deputies. ” He continued, while the number of deputies opposing the passage of the Al-Zorfi government reached only 78 deputies distributed among the League of Masses, the Badr bloc and the rule of law, as well as the movement of giving and virtue. The source pointed out that the Al-Zorfi government will pass in complete comfort and will have unprecedented parliamentary support and will pass before the end of the constitutional period. The source also added, that Al-Zarfi’s mandate is continuing and the opposition blocs fear that he will go to parliament to know that he will pass his government cabinet. He also added that Mr. Al-Sadr is still supportive of assigning with the Victory Alliance, while changing the positions of wisdom and approach in favor of Al-Zarfi, pointing out that information blocks are pushing false information to confuse the taxpayer as well as the representatives who support him. link

Al-Zarfi goes towards the pass, and specific Shiite forces support his government to get Iraq out of the bottleneck that Abdul Mahdi placed Policy , 03/22/2020 23:21 Baghdad-Iraq Today: In a previous report, private sources told (Iraq Today) that there are prominent Shiite political blocs, now standing behind the Zorfi government and pushing them to gain confidence by securing a supportive parliamentary cover for them, and these sources indicated that "the strongest Shiite forces are Walkers, wisdom, victory, and part of the rule of law, as well as other small Shiite forces unanimously agreed to pass the government in the House of Representatives, after cries of refusal to assign Zarrafi from the authorities and blocs with certain orientations escalated. " Other sources revealed that the Prime Minister-designate, Adnan Al-Zorfi, had secured the parliamentary cover required to pass his government in the House of Representatives, despite the intense media attacks that are now being launched by parties that do not like political change and do not want to lose their gains in a government that is supposed to consist of Qualifications and an independent, non-partisan technocrat, as well as fighting endemic corruption due to the policies of the Abdul Mahdi government. The sources added, "The forces of support for the Al-Zorfi government raise the slogan of taking Iraq out of the bottleneck in which the policies of the Abdul Mahdi government, which is completely biased and detailed by the Iranian axis, and hostile to US policies, have caused a great rift in the form of strategic relations with the United States by And also with the regional countries that resumed their activities with Iraq in the Abadi government, but they contracted under the government of Abdul-Mahdi, which introduced Iraq to this polarization in response to clear political desires. The sources pointed out that "the moderate Shiite forces, through passing the Zorfi government, want to send a clear signal to the United States and its allies that they want peace and do not want a break with it, and that the irresponsible actions taken by parties in Iraq do not represent the entire Shiite will, but rather a part that works For private or external interests. " And indicated that "the passage of the Al-Zorfi government is imminent, and the man will work to address the crises and calamities caused by the resigned government, and will restore the required external balance in the form of Iraqi relations, after a retreat and a clear retreat of the reasons." link

Why would someone neg that! Evened you out! I anticipate a beautiful ruby coming for myself!!!

20 years later........

Dissolve Iraqi Parliament and problem solve. Thanks for the post.!

Very interesting..... I think Trump really does want the US to stop interfering in other countries affairs and stop the US regime change programs. And I personally agree with that. However, given the conditions with the global coronavirus pandemic, and with Iran still bombing US military bases in Iraq, perhaps something like this would be acceptable to him right now. The Iraqi people are serious about getting rid of Iranian influence in their government, but after 6+ months of trying, not much is happening with that. If there was ever justification for the US to go in and support regime change in another country, I think this would be it. So far this is basically just a rumor, but I"m definitely going to watch this to see what happens. The US is responsible for much or Iraq's desperate situation and it would be good if it could be part of helping them recover from it. I really don't think Trump would take advantage of the situation to loot and pillage the country like other people (for example Biden and his brother) have since the second Gulf War, so this might be a very good thing. jmho Thanks for sharing this Mary!

03/21/2020 13:44 Views 138 Section: Iraq Trump stresses in favor of the need to build security and economic relations with Iraq http://almasalah.com/ar/news/189734 Baghdad / Obelisk: US President Donald Trump stressed on Saturday that Iraq and America have made progress in combating ISIS terrorist gangs, while stressing the need to build security and economic ties with Iraq. The office of the President of the Republic, Barham Salih, said in a statement received to the "obelisk", that the President of the Republic, Barham Salih, received a congratulatory message from the President of the United States of America Donald Trump on the occasion of Nowruz holidays. In his telegram, the American President expressed his congratulations on the occasion of Nowruz holidays, wishing the Iraqi people stability and peace. He stressed that the two countries have made progress in combating the terrorist gangs of ISIS, pointing to his country's desire to build security and economic relations with Iraq in a manner that enhances cooperation and serves the common interests of the two countries. Below is the text of the telegram: "Dear President, on behalf of the American people, I wish you and the people of Iraq a happy Newroz, a special day for peace and a renaissance for all. This year, Eid is gaining more importance, as our two countries work to bring peace and stability to Iraq. We have made great progress in facing ISIS. And I look forward to new opportunities to build our economic and security relations with your government. Sincerely Obelisk

I know, it has been that way for a few days now. Plus it has been dead quiet out there in the dinar land.

Starr

Starr

Starr

Apparently The High Stakes Plan Involves A Picnic Table Cloth On Their Head - And A Blankie !

Chicken of the sea? What is tuna fish anyway?

Iraq at the tipping point. Going, going, down goes Iraq.

Come Thugs...ain’tcha never been “fish slapped” before? 😉

Hang Loose my friend, we are closing in.

He knew when to fold 'em......rip

Looks like the CBI is focusing in more important things. Go RV Go asap Thanks for all the articles you bring MaryB

And Here’s A Live Iraqi Dinar Value Chart ! In Super Low Def ...

To the confused face scroll up and see the flatline. CPR will bring it back. Please lighten up.

LINK The American State Department refuses to consider Al-Zarfi "supported" by Washington 10:41 - 21/3/2020 US Assistant Secretary of State for Near East Affairs, David Schenker, refused on Saturday to consider the Prime Minister-designate Adnan Al-Zarfi as an American-backed. "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi," Al-Monitor newspaper quoted in his report, translated into Arabic, "Al-Maalouma", as saying. He added, "We are looking for an Iraqi government that will take care of the situation in Iraq first, in proving that they are Iraqi patriots, and they want Iraq to be a sovereign state." Schenker rejected a characterization that considers the new Iraqi prime minister to be backed by Washington, as Al-Zarfi was first appointed to be the governor of Najaf in 2005 by the US-led Coalition Provisional Authority.