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Showing content with the highest reputation on 04/01/2020 in all areas

  1. Happy Wednesday DinarVets! It's April first, which means you can expect some pranks today... all from 6 feet away, of course! There will be no RV pranks in this Weekly update, for the record. If I send out an RV text today, it's the real deal. (I have not yet!) Day 534,691 of the CoronaVirus lockdown... how is everyone doing? I ask out of real concern. As humans, we are a social species. Social distancing is something we are currently doing to control the spread of a virus that should burn out on it's own if we don't find a cure, but it's still a scary situation. Verizon reports that phone calls are double what they are on a normal Mother's Day, which is proof enough that we need human interaction... the Butterfly Effect is real, my friends, and it applies to more than butterflies and typhoons on the other side of the world. Stay strong and healthy through this, both mentally and physically! Wash your hands and don't be afraid to phone a friend that you haven't talked to in ages - you're stuck in the house, how many more times can you organize the pantry or clean the garage?! Whatever you do, be sure to show extra love and patience and kindness to the people you're stuck with right now. That's good advice on any day, and it goes double right now. On to the Weekly! The markets are a jungle, cryptos seem stable, OIL may have stopped the plunge but that's still uncertain, unemployment levels are and continuing that way indefinitely... is there any hope? There is always hope. There is also always truth to be found in adages, for example: Better late than never. Nothing ventured, nothing gained. As dinar holders, we are most certainly living by those two! One day, soon, these will be things that we look back on and smile about. The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us. These are wild and crazy times. Here's an example: Politicians rarely agree on anything, but a recent (historic) stimulus passed, unanimously. If you read my recent Budget and Auctions post, I described an equally possible scenario that would turn the Iraqi Dinar around overnight. Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. The only question is, when will it be and how prepared are you? This is going to be the “I told you so” group. When the world is crying about unfairness and how the rich get richer and a hundred other things, you can join them... or you can think back to that time you could have spent $100 on Amazon stock at $1.73 (currently $1,949.72), $75 on btc at less than 10 cents per coin, or $50 on VIP at DinarVets when the IQD was undervalued and represented an incredible opportunity. Quick forum PSA: I'm all for diversity and contrary opinions and intelligent discussions. This thread is a great example of intelligent people politely discussing something they don't fully agree on. I could also link to some examples of how not to have an intelligent and respectful debate, but I won't - I'm just going to issue a warning to anyone that comes here just to antagonize members, hit the "dislike" icon, or click that annoying "report" link on anything that you personally don't like. Warning issued. On a lighter note... @tjokie shared a new crypto with us in the VIP section. Might be worth taking a sWipe at this one. https://blog.coinmarketcap.com/2020/04/01/toilet-paper-token-wipe-paper/ Before I head out - I mean stay in - this morning, I want to give a quick shout out to the hard working women and men out there still taking care of us... truckers on the roads, people working in the schools to prepare meals for the kids that need them, teachers improvising and doing the best they can with online classes and connections, health care workers, the people in the grocery stores, and more... I appreciate you all. And last but not least - get in the Powerball Pool! Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!! - Adam
    26 points
  2. Good Wednesday Morning DV ... RON Once Again, NO Daily Auction today. Wednesday - 4/01/2020 The ISX has not reopened for business - no reported currency change. The last Auction was held on Monday, 16 March 2020. That's 16 consecutive days (4 days closed), 12 no Auction days. And our WAIT continues.... I hope each of you will have a blessed day ... Most importantly, try to spend some of it with GOD..!
    22 points
  3. Good evening DV, I agree with you all and have agreed with you all during these years, everyone is entitled to their opinion and you all have expressed fantastic points of view, even if some didn’t concur. We have been on this ride for a very long time and as always, I have, and still do remain optimistic about the final outcome. In my humble opinion, we have never been in a more opportune time for an RV as the moment we are right now. The chain of events that have led us to this very moment are extremely important for a RV, and of all the time I have been invested, I personally think the moment is upon us. Without going through each item, I know you are all very well informed of the global events, between the cash crunch, oil prices, the closed ISX etc... All I can add is that this is the perfect storm, the one that could change the entire future of IRAQ as a country in itself. We are in very interesting times, one never before encountered in modern history, so yes, first and foremost, stay healthy, 2nd make a list of things you need to do, just in case 😉 and last, but not least, pray to God and thank him for the coming event, what ever it may be. On a personal note, I want to express my profound gratitude to each and everyone of you for your astronomical patience during these years, your engagements here in DV and your virtual friendship, I am blessed. Hang on ladies and gentlemen, we could be in the home stretch here, but in case the wait is longer, never loose faith in humanity, we are all we have, and, I know when we come out of this quarantine, we will all be a better person. 🙏
    22 points
  4. 12 consecutive days without daily auctions. As it is known, the dollar is the main engine of commodity markets in Iraq, as the country imports most of its overseas markets Foreign exchange auctions serve as an intervention instrument for the central bank to smooth exchange rate fluctuations. How they will cover imports without daily auctions? How they prevent the raising of street rate without pumping dollars into the market? How they keep the 2% gap between Official rate and street rate without auctions? How they prevent inflation without pumping dollars into the market? Maybe I’m wrong but I believe we are witnessing the Sterilization process. Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Just my opinion.! Go RV Go asap
    11 points
  5. Thanks Adam. I work at Meijer in Michigan. If you don't know what it is, it is a grocery/department store and we are open for business. I don't mind working right now but what I do mind are the people that come into the store because they are bored! There are some that come everyday. There are some that bring the whole family in "to get out of the house"! It is ridiculous what people are coming to the store for. A lot of what people are buying are unnecessary items. Most people can live off of their pantries and freezers for many weeks if only they would. Please everyone be mindful of the ones that are working to keep the food chain going. I praise all of the first responders and healthcare workers for their tireless efforts to keep people alive and safe! Pray for everyone! Maybe if people would stay home for a full 2 weeks we could slow the spread and be able to have the banks open again for RV! Stay Home and Stay Safe!
    11 points
  6. Wait - So Are U Calling Ur Shot ?
    10 points
  7. That's a topic that has much room for discussion... gold will always be a store of value, but (countries / the global banking system) have way too much power due to central banking and the fiat system, and those are almost polar opposites of a system that uses a "gold standard". The concept of using "gold" to measure a country's currency value can be shifted to "resources", though. Resources can be physical (like gold or oil), or they can be measured in value by demand (technology, human resources, intellectual property, value services, etc) - in that light, Iraq has a measurably higher "value" than many other countries. This conversation easily leads into the Global Currency Reset topic and the Universal Currency topics - both of which have merits, but are unlikely without a "One Government, One Bank" world takeover type of situation. I'm just going to stop there before I get lost in that rabbit hole
    10 points
  8. Floridian, it was very disturbing. There have been so many videos out recently regarding this virus and end time prophecy. Synopsis gave a great verse - we have to go to the Holy Spirit for ourselves. God is not the author of confusion. If we ask for direction, He will guide us. I tell you one thing - every good and perfect gift comes from God. And Jesus came that we have life abundantly. I am comfortable that God led me to the dinar, and his Word says He will not bring a thing to the time of birth and not bring it forth. He knows our hearts, and we know His voice. If we are doing something wrong, we will have a check in our spirit. Just a few quick thoughts.
    10 points
  9. 4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value. Good Morning DV ... Have a Blessed Day and stay safe ... RON
    9 points
  10. Thanks Adam! I consider myself and my family to be very fortunate in these circumstances. We haven’t been too terribly impacted by the virus or the lockdown. 🙏🏻 We even began cleaning out the garage (a project we’ve been procrastinating about for the last 10 years 😁). Things are feeling very optimistic here on DV, so I’m staying positive. Stay healthy everyone!!
    9 points
  11. ’Darth’ Davis Is Now Wearing His “Corona” Mask While Patrolling The Galaxy ! Of Course - He Says That It’s To Protect Himself From The Sun’s Corona ...
    9 points
  12. Not sure I was doing very good in those areas to begin with But here's to Trucken up wit ya.
    9 points
  13. Added @ 9:25 AM: CST: 4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
    9 points
  14. No, I don't think that's right.... The reserves are "quoted" in USD, but some of it is held in USD and the rest in IQD. Whatever amount is held is IQD, if you increase the dinar rate, then that increases the USD value of those dinar. And even if you only increase the dinar rate to $.10, that would increase the USD value of those IQD by 100 fold - 10,000% (since the current value is about 1/10 of a penny = $.001). Heck a 1 cent RV would still increase those IQD 10 fold or 1,000%. The rub is, I don't know how much of that $60 billion reserves is held as IQD. But however much that is, any kind of RV would be a huge boon to Iraq. And Iraq has got to be worried about going through their reserves quickly, since as you say, their future does not look good for a long time. I think the government writes articles like this just to reassure everyone that the situation isn't that dire, even though it really kinda is. I disagree because after 6 months, I think Iraq is finally making good progress in seating a temporary government. This is only a temporary government after all, and after that, then they can focus on new elections to put in who they really want, the coronavirus situation notwithstanding. You are right, the oil wars, glut and storage issues are HUGE problems. But where you see all that as blocking the RV, I see the RV as a way to counteract it. By revaluing the dinar, they immediately give themselves much more purchasing power with all the dinar they hold. Iraq is really very fortunate at this point of time because they have purposefully kept their rate waaaaay below market, so they are in the enviable position to instantly raise and maintain a much higher value, unlike other countries whose currencies are losing value now. And remember that, in the past year and a half, Iraq sure seems like it has been working really hard in preparation for the RV, so they should be about ready to do it. I think the current dire situation is pushing them to act quickly, and with the currency auctions stopped and the ISX closed, I'm thinking they might be planning to finalize the RV really soon, maybe on or before Easter which is their target date to reopen the ISX (hopefully they won't postpone the reopening again for a 3rd time). Theseus, I really enjoy your posts. You are an independent and critical thinker, and I really appreciate and respect that. I just respectfully disagree with you on a few points here. But I know we all agree on the same goal...... GOOOOOO RV!
    9 points
  15. Economies run on laws. Economic laws. There is some disagreement as to the nature and working of those laws, but there is also agreement on many of these economic laws. For instance it's a fact that Iraq imports almost everything it needs. It's a fact that they do so with American dollars. It's a fact that the drying up of the auctions reduces the quantity of American dollars in the economy. This makes for an eventual rise in the value of the American dollar on a street level, as Iraqis go looking for those dollars. This means there are not enough American dollars to cover the bills for imports...which are all paid for in American dollars. This created shortage of American dollars means eventually it is mathematically impossible for Iraq to control the 2% gap between the street rate and the Official rate of the American dollar. This means the bank of Iraq can no longer comply with the rules that are laid down by the international bankers. (my guess is International Bankers told Iraq to do this)...This shutting down of the sale of American dollars, it eventually affects supply and demand in Iraq, creating inflationary prices as the quantity of vital foreign goods dries up, due to the shortage of American dollars. I think most economists would agree with all that. Pretty basic economics. ...Long term there is no avoiding economic laws. They govern the world around us. How long this will take, for all this closing up of auctions to play out in it's consequences, before Iraq has no choice but to either restart the auctions or revalue it's currency? I have no idea, I'm not an economist. But I'm pretty sure that a massive leap in the Dinar value is inevitable...if the auctions remain closed forever..... I just don't know how long it will take. My guess is, by closing the auctions....to use an old farming phrase, the Iraqis are "priming the pump"...in reverse As Luigi would say...."my opine"
    8 points
  16. There is a medical phenomenon that almost all people are very tired on April 1st? Do you know why? They all got finished with a 31-day March.
    8 points
  17. A RV of 10 cents will not be enough. Unless you have revised your previous statement regarding this.
    8 points
  18. LINK A big jump for the dollar in Iraq 01/04/2020 14:18:22 Foreign currency markets in Iraq recorded, today, Wednesday, a jump in the exchange rate of the US dollar against the Iraqi dinar. The selling and buying prices of the dollar in banking companies and offices are as follows: The selling price of one dollar is 1255 dinars, or 125 thousand and 500 dinars per hundred dollars. The purchase price of the dollar is 1245 dinars, or 124 thousand and 500 dinars per hundred dollars. The dollar exchange rate in Duhok Governorate increased to 1242 dinars, or 124 thousand and 200 dinars per hundred dollars. The banking offices in Kirkuk Governorate recorded a rise in the dollar, reaching 1245 dinars, or 124 thousand and 500 dinars, for one hundred dollars. It is noteworthy that these prices are not official due to the closing of the Al-Kifah Stock Exchange due to the curfew sanitary ban on the prevention of corona virus.
    7 points
  19. I dreamed April 18th. I pray and hope it comes tp pass, even though I wonder if it really could. Seems like it is pointing to April. Please Jesus let it RV!
    7 points
  20. Great Post my brother..... Stay healthy Go RVasap
    7 points
  21. 3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences ...imo... 3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Adam: "Raise the value on the Dinar and their reserves are much more!" Taken from a Mary B post here on DV..!
    7 points
  22. I get it! I've heard "the mark of the beast" is the cell phone we all carry around in our hand - We are known by our number. Who knows really what the mark of the beast is? I agree that XRP will be the world's bridge currency. Can't happen fast enough to suit me. The Bible does say about the Rapture - The dead rise first. That brought up a whole discussion between me and my Catholic cousin who has a PhD, and gives lectures in the Catholic Church every Sunday. He says I'm not understanding it correctly, although that's how it's written. He says, if that's the case, then no one's in heaven now. I really don't know what to think about anything anymore.
    7 points
  23. In the past you would say post things like, “I don’t think we are close, or it’s just not time”. You always had facts and articles to back up your opinions. I believe you even collected some grief for those opinions. I always appreciated your candor and your willingness to stick your neck out and write those unpopular posts. You did the research and you gave us your opinion, BRAVO!! Bravo!! Bravo!! So now when I read your posts and you write, “ This is very exciting. Looks like April is our month”, I tend to listen up. You are not a cheerleader or a Pollyanna, all things are great poster. Man, do I want to agree with you and get all fired up too. Yes, there are many things lining up that appear to point to a big change. I just hope for all of us, “ April is our month” BTW, if we don’t get our RV I will never get upset with the excitement on this board. A little hopium goes a long way and I appreciate all you bring to the board LB. There are many good people on this board who have shared their research. Thank you all!!!
    7 points
  24. I know this may not be the correct forum for this question. But, as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens. I know helping their people is a foreign concept for the GOI. Just thinking out loud.
    6 points
  25. When I read that 4000 plus Americans have died from CV and they are still going up the mountain I just wonder why I’m even talking about stocks. The Market is selling off again and I’m just not in the mood. President Trump said the next 2 weeks would be very tough. I need to turn off the TV and the Computer and pray for humanity.
    6 points
  26. As always, thank you Adam!! Thanks for your well wishes, I am a home health care nurse in North Florida, thankfully, working daily! WH
    6 points
  27. From Delta - Translating Iraqi Social Media ... FROM SOCIAL MEDIA FAMILY... .... The problem is big and obviously the central inability to pump amounts as it was in the past to pressure the price where the holidays were open and pumped because he was able but now what is pumping the monthly imports of the country concludes by 5 days if it is pumping at the same old level... YESTERDAY IN ERBIL.... SHOP OWNERS THEY ARE NOT TAKING DOLLARS...ONLY DINARS All the exchange and prices of the dollar are unrealistic, better to wait until the stock exchange OPEN officially there is no point in buying now. Even banks will open credits and external transfers very soon. And it's been instructed. DELTA
    6 points
  28. Thanks Adam and hope you and your staff are all well. Looking for that Text,
    6 points
  29. I get it! April Fool's Day to you, too!
    6 points
  30. I wrote on March 24 regarding the 2 percent rule. The paper (title colored in purple) does have the algorithm they recommended at the end of the document. As I have not seen this to be changed at this time, not sure if the current 2 percent rule is in place or the one they recommended below. Posted March 24 (edited) IMF Policy Paper: Review of the Fund's Policy on Multiple Currency Practices: Initial Consideration Is a good read not just about the Articles I mention above but does go into depth on the reasoning why MCPs are frowned upon, how they hinder the country they are implemented in and revision to the 2% market rate that so many tout Iraq should be in in order to RV. What is noteworthy, the IMF states clearly within the paper that Iraq cannot have a MCP before acceptance to Article IIIV. It goes into the history of MCPs since 1971 to 2017 and why the practice is frowned upon in general. BOP in case you are wondering is an acronym for Balance of Payment. The IMF states they see a negative correlation between a country adopting a MCP and making a BOP. As to the regards of the fixed 2-percent rule the IMF staff recommended to the IMF Board of Directors the following
    6 points
  31. Excellent post Wiljor and to all that have posted here, I am finally starting to feel good about April myself!
    6 points
  32. You got that right my friend 👍🏼 Thank you HCR, for your kind words 🙏🏼 Thank you for your comments my friend and also for all the great information you bring to this board. I remember when I wrote “why I believe our wait will be longer” I collected some grief for those opinions. But to be honest I didn’t care because I knew what was happening in Iraq. All based in my own research and news articles. like we all know there are many things lining up that appear to point to a big change. Just remember this is iraq and everything is possible. I’m hoping for the best to all of us. Take care and stay healthy Go RV Go asap
    6 points
  33. "Save the Iraqi dinar" .. The deterioration of the currency by the rise of the dollar will destroy the poor first ... and the solution with the "Central Bank" Wednesday 01 April 2020 Baghdad / Sky Press The US dollar recorded a rise, as it reached in some areas to 126 thousand dinars against the 100 Iraqi dollars, while questions were raised about the role of the central bank in that. And the local media reported, the high dollar exchange rate against the Iraqi dinar, while some regions recorded 126 thousand dinars in front of a class of 100 US dollars, after it was 123 thousand dinars, when the markets opened. Media outlets reported that "the rise in the price of the dollar is due to the crisis in the spread of corona and the closure of the central bank." Security and political expert Fadel Abu Ragheef wrote in a tweet: Begins with the deterioration of the dollar's rise, "considering that" the security, social and living situation is linked to the economic situation, and the central bank must immediately and by urgent action to pump more dollars to control the rise of the reprehensible dollar. " He emphasized that "the poor are the first to be affected by the Iraqi dinar, the matter must be addressed immediately."
    5 points
  34. Ain't that the truth. But the question everyone should be asking is how can America write Trillion dollar checks and what's that gonna do to the world economy? Better pray that America really did buy billions of dollars worth of Dinar. Things in Iraq are definitely on a different track then what we've ever seen before and it does look like America is pushing super hard to eliminate the Iranian influence in Iraqi parliament. Let's hope the Dinar is Trump's ace in the hole.
    5 points
  35. Why Is Everybody So Tired Today ! Because They All Just Finished A 31 Day March ! Either That Or They’re Tired From ‘Running’ Out Of Toilet Paper ...
    5 points
  36. Thank you Adam .. Heres hoping that there is going to be much to look forward too .. 🙏🏻🙏🏻🙏🏻
    5 points
  37. Trump's advisor to “Maalouma”: Al-Zarfi is an American citizen and we are not against his assumption of the post of Iraqi prime minister 01/04/2020 Information / private ... Gabriel Soma, the US President’s advisor in the Middle East, confirmed on Wednesday that the Iraqi Prime Minister-designate, Adnan Al-Zarfi, is an American citizen and we are not against his appointment. "Al-Zarfi is an American citizen and we have not nominated him to take over the post of Iraqi prime minister," Sauma told Al-Maalouma, noting that "many of the personalities in the Middle East are American citizens and hold presidential and royal positions." He added that "the United States of America does not oppose the assignment of al-Zrafi to the post of prime minister," noting that it "will support al-Zorfi if he achieves the fight against corruption and the stability of Iraq ." A report issued by the US Defense of Democracy website on Middle East politics confirmed earlier that Adnan al-Zarfi’s nomination as prime minister is an opportunity for the United States. It ended 25 T. https://www.almaalomah.com/2020/04/01/466003/
    5 points
  38. Thanks Adam...Best to you and your Family in these hard times
    5 points
  39. Thanks again Ron!! Wishing you a blessed day as well ❤️🙏🏻
    5 points
  40. The biggest threat to Iraq is their own parliament, a few drone strikes will take out these rouge militias but it's gonna take some balls an backbone to clean the garbage from their government....
    5 points
  41. 5 points
  42. Since so many countries have been stockpiling gold, is it possible that each country's currency will be priced according to the amount of gold they have? And if this is possible, how much will that make the Dinar worth? I think they have 96 tonnes of gold.
    5 points
  43. The older I get the less I understand. Just want to get off this roller coaster and live debt free. Set my kids up and love my neighbors as myself. That’s about it
    5 points
  44. 5 points


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