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Showing content with the highest reputation on 11/23/2022 in all areas

  1. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq...so, take everything with a grain of salt... Especially if it comes from Mark ... RON 11-22-2022 Intel Guru Frank26 [Community Member bank experience] FRANK: You called me 2 days ago. You were very excited. Something happened. You were minding your own business and walked into a bank correct? MEMBER: I live in the state of Florida. The bank I'm talking about is called Truist in the Orlando area. I know the VP of the branch that I went to visit...I saw she was alone in her office and I invited myself in... [Post 1 of 7] [Community Member bank experience Continued] MEMBER: A little history - I had reached out to her about a year ago and she said I can't talk about this at the branch. Maybe I can talk to you some other day. Well that other day came a year later, which was last week...I was very direct...we talked about 20 to 30 minutes...My first question to her was, If she's aware of currencies that are going to be included in her bank system or if she and her staff are learning any new protocols on currencies that are going to be coming into trading where we can come and exchange. [Post 2 of 7] [Community Member bank experience Continued] FRANK: You sit down...then out of the blue you just come out and ask, 'Is your bank doing any procedures right now. Any work right now on foreign currency that's going to be exchanged?' MEMBER That is correct...I said...Are you going to be exchanging any currencies in the near future that your new protocols are set in place for. She said, 'yes.' I said, 'There is the Iraqi dinar and...Vietnam dong that I am currently invested in. Are you guys going to be exchanging any of these currencies in the near future?' [Post 3 of 7] [Community Member bank experience Continued] She said, 'Yes.' I said, 'I know you're not allowed to tell me the dates or rates or anything like that, but will this happen before the end of the year or is it going to happen next year?' She said it's going to happen before the end of this year. I said, 'Interesting, what protocols do you have that I can come in and exchange my currencies?' I go, 'I know you're not a large participant in this process, I'm assuming you're a satellite bank... you're going to be able to assist in the process?' [Post 4 of 7] [Community Member bank experience Continued] She says, 'That's correct.' I say, 'What's the process? What do I need to do to bring in my currency and exchange it?' This is what was very interesting. She says, 'You bring in your currency and we take it and we give it to collections for 3 working calendar days.' And I looked at her and said, 'So you're going to take my currency for 3 days and then you're going to give me the value of that currency in that 3 day period?' [Post 5 of 7] {...2 more to come....ugh..! } *** Samson Article: "About $100 billion Iraqi oil revenues in 10 months" Quote: "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars" *** Kaperoni If and when Iraq decides to begin to raise the value of the Iraqi dinar it will be gradually over time. There is no overnight RV. A country's currency value is a reflection of the success and growth of their economy. So until Iraq passes laws, encourages investment, and their economy diversifies nothing is going to happen. Same Old Story Kap...we've heard it from you hundreds of times. We're all well aware that Iraq needs to diversify, but that doesn't mean they can't increase the value of the IQD before they have a screaming economy..! *** Samson Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" Quote: "Iraq and Washington agree to develop "banking procedures" for Baghdad"
    9 points
  2. Oh, how I love a good bank story. Brings back memories of the good ole days when we would get excited about each story and enthusiastically react. Too sad many have become so cynical. I love the hopium!!!
    7 points
  3. The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America 22nd November, 2022 His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, received today, Tuesday, the Ambassador of the United States of America to Iraq, Ms. Alina Romanowski. During the meeting, they discussed aspects of bilateral cooperation, development of work in the Iraqi banking sector, and application of international standards to combat money laundering and terrorist financing. His Excellency said that the Central Bank of Iraq pays great attention to developing the banking sector in the country and keeping pace with the developments it is witnessing globally, indicating that we have strengthened our external relations with banks of countries of the world to serve the interest of Iraq. He added, that the Central Bank of Iraq faced the economic challenges that the country witnessed by launching a package of measures that contributed to moving the wheel of the Iraqi economy, indicating that our development initiatives that targeted vital and effective sectors in Iraqi society revived the economy and provided many job opportunities for different segments. In turn, Her Excellency the Ambassador praised the procedures of the Central Bank of Iraq and its cooperation with international bodies and concerned organizations and the modern methods and methods used in its work in terms of electronic technologies as well as keeping pace with the global development in the banking sector. The meeting was attended by the President of the Iraqi Trade Bank. The Central Bank of Iraq, Media Office, November 22, 2022 https://cbi.iq/news/view/2137
    6 points
  4. Iraq’s problem is simple. The private sector can’t get traction. 1. The people not in government are poor and poorly educated in professions and trades. They lack experience, capital and incentive to participate in building the private sector. 2. The government doesn’t trust the people with capital to start and run businesses. So the government tries to “run” the private sector. 3. Corruption and inefficiency kill any progress and the private sector never has a chance. Iraq needs: 1. Education 2. Currency with real value 3. Application of free market economic principles. Maybe an RV/RI could stimulate the private sector enough to move their economy forward. 🤷🏻‍♂️
    6 points
  5. Iraq and Washington agree to develop "banking procedures" for Baghdad Yesterday, 17:08 +A-A Al-Ghad Press/Baghdad The Governor of the Central Bank, Mustafa Ghaleb Makhaif, confirmed today, Tuesday, that the bank faced the financial challenges that Iraq went through with measures that moved the wheel of the economy, while referring to the expansion of relations with international banks in the interest of the country. A statement issued by the Central Bank, a copy of which was received by Al-Ghad Press, said, "The governor received the US Ambassador to Iraq, Alina Romanowski, in the presence of the President of the Iraqi Trade Bank. During the meeting, they discussed aspects of bilateral cooperation, development of work in the Iraqi banking sector, and the application of international standards to combat money laundering." and terrorist financing. And the Governor of the Central Bank confirmed that "the bank pays great attention to developing the banking sector in the country and keeping pace with the developments it is witnessing globally," indicating the bank's endeavor to strengthen its external relations with banks of countries of the world in a manner that serves the interest of Iraq. He added, "The Central Bank of Iraq faced the financial challenges that the country witnessed by launching a package of measures that contributed to moving the wheel of the Iraqi economy," noting that the bank's development initiatives, which targeted vital and effective sectors in Iraqi society, revived the economy and provided many job opportunities for different segments. . In turn, the US ambassador praised, according to the statement, the procedures of the Central Bank of Iraq and its cooperation with international bodies and concerned organizations, and the modern methods and methods used in its work in terms of electronic technologies, as well as keeping pace with the global development in the banking sector. https://alghadpress.com/10804--.html
    6 points
  6. The Ministerial Council of Economy directs the completion of the draft budget law for discussion in the next session 22nd November, 2022 Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein directed, on Tuesday, the minister to complete the draft of the state's general budget law in order to discuss it in the next session of the parliament. The Ministry of Foreign Affairs stated in a statement, which Mawazine News received a copy of, that "Hussein chaired the second meeting of the Ministerial Council for the Economy, in the presence of the Ministers of Planning, Finance, Industry, Trade, Agriculture, the Governor of the Central Bank of Iraq, the Acting Chairman of the National Investment Commission, and the Prime Minister's Advisor for Affairs. economic and legal. She added, "The council hosted the Minister of Electricity, to discuss the reality of service in this important sector, as well as to overcome difficulties in order to upgrade it. The council also discussed many economic issues on its agenda. At the end of the meeting, the Minister of Foreign Affairs directed, "to complete the draft law of the state's general budget in order to discuss it in the next session of the Council." https://www.mawazin.net/Details.aspx?jimare=212066
    6 points
  7. Here's the thing. You will not hear Hedgies being held accountable because the MOASS is just going to happen one day. Suddenly the price is going to skyrocket when they close. There won't be any signals except buying pressure and by that time zoom to the moon. We see pennies and half pennies being traded by millions because of the algos, and hiding 70 percent of the trades in the dark pools, but when this takes off all of that goes away and the algos just start upping the price looking to close out all the synthetic shares. Now is still the time to buy before it suddenly happens. The signs pointing to it, are the companies like FTX, Sequoia, etc. going down. Liquidity is drying up. Bitcoin tanking will be next as well as other cryptos. Cost to borrow right now is crazy and the amount of shares to borrow are less and less because they are having fewer places to hide them. The signs for a market crash loom large. The result will be the sudden spike in buying and price zooma zoom zooming. That's why I continue to accumulate more and more shares of mostly APE now while nibbling at AMC. They are both on a Blue Light Special. But one day the light will turn off and we will have ignition and blast off. And when this happens they still will not be held accountable because the powers that have allowed this won't be able to stop it as much as they have done until now. It will be out of their criminal hands. Hedgies and Market Makers will go down and the SEC and others will throw their hands up because this snowball will roll down hill and be to big to stop. The crooks will finally be crushed to death under the weight of the crash and funny enough retail will be blamed for buying and holding and not playing by their rules. HA!
    5 points
  8. What Frank26 left out was.......... MEMBER: Then I woke up from this dream and went to work.
    5 points
  9. Sounds just like you defined where I’m living in The United States of America. It’s uncanny, ironic and makes me laugh out of . . . well, the parallels to the local government are ridiculous. Unfortunate. Yes, EDUCATION is the key. Knowledge is power and wisdom is freedom. Greed and corruption is the problem, human nature. When human beings can justify desire as human nature and greed as a choice, then perhaps we can evolve. But, I’m not betting on seeing that kind of shift in my lifetime.
    5 points
  10. Two things in question as I continue to read up. Is the T-90 calendar days or trading days? Nov 22 would be Calendar days. Trading days puts us out a month or two. The other thing is if November 22 is T-90 it doesn't necessarily take effect until they begin to shut down these crooks and liquidate them. So the resulting effect may take a couple trading days to a week. If they have found a way to kick the can the market crashing will be the ultimate trigger they will not be able to escape. I continue to buy and hold because we are closer than ever before. The truth is there is no escape for them.
    5 points
  11. I live close to Orlando and we do our banking with Truists Bank. Perhaps I could check it out (Frank's bank story)
    4 points
  12. Hey frankie. What a BS bank story and ridiculous conversation. By the way, What is the name of the bank? And who are you talking to in the bank? Kaperoni? Pimpy?
    4 points
  13. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq...so, take everything with a grain of salt... Especially if it comes from Mark ... RON *** Mark Article: “The house of representatives adjourns its session and decides to hold another closed session tomorrow to discuss preserving Iraq’s sovereignty” What is the biggest hindrance to their sovereignty right now? It is their absolute dependence on the US dollar until they revalue their currency… They will never have true sovereignty until they do not have a US based currency…[post 1 of 2] *** Mark This means they need to reinstate their dinar value instead of using US dollars. This is an open conversation in politics over there right now guys. We know it is close…the CBI told us it is close… The Iraqi government told us it is close…the UN, IMF and World Bank has told us it is close. Every agency out there has told us this is close...[post 2 of 2] *** Nader From The Mid East People...keep saying the exchange rate that's in the budget. Me, I don't think its in a budget because the budget have nothing to do with the rate...Maybe I'm wrong. I hope I'm wrong, but I don't think I'm wrong.
    4 points
  14. From WRAL-TV Winning MegaMillions Numbers Tuesday, November 22, 2022 13 23 24 25 43 MB 02 Megaplier 2X Sorry; We had no winning matches tonight.
    4 points
  15. Trading Days is the count
    4 points
  16. Great points keylime. I have suspended my buying for the time being as I am waiting to hear more positive news that shows Hedgies being held accountable. Cheers All, pp
    4 points
  17. The Iraqi Ministry of Finance is making "broad changes" at the level of general managers (document) communitybreakingMinistry of FinanceChange officials 2022-11-21 11:35 Shafaq News/ A document issued by the General Secretariat of the Council of Ministers revealed that extensive changes have been made in the departments of the Iraqi Ministry of Finance. According to the document received by Shafaq News agency; 6 general managers have been assigned to manage 6 departments in the Ministry of Finance. The document indicated that the assignment was made according to the request of the Minister of Finance, Taif Sami, and the approval of the Prime Minister, Muhammad Shia'a Al-Sudani. The document did not reveal the fate of the managers who were at the head of these departments before this order was issued. https://shafaq.com/ar/مجتـمع/وزارة-المالية-العراقية-تجري-تغييرات-واسعة-على-مستوى-المدرا-العامين-وثيقة
    4 points
  18. Mega million numbers 03/04/25/28/65---20 pokerplayer 07/18/38/41/62---17 jeepguy 04/12/24/26/56---07 extra ticket
    4 points
  19. You can always ask for the special China rates or humanitarian projects rate & get up to $40...the Bruce they Goose rates may even pay up to $60. I'm asking for the Madam Wu rates at $100 per Dinar.
    3 points
  20. Don't need this much! Just get 1to1 value ! Will do fine
    3 points
  21. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq...so, take everything with a grain of salt... Especially if it comes from Mark ... RON Frank's Outrageous Bank Story - Continued from last night: ** Frank26 [Community Member bank experience Continued] And she said, 'Absolutely. The collection department will give you the rate of that day.' I said, 'Well over my dead body am I going to give you my currency without anything from you guys.' She said, 'Precisely, there are going to be banks out there that are not certified to do any of this and they will take your money and will not give you anything. You've got to remember to be very cautious about not just giving your investment to any bank out there. You want to go to the participating banks that are assisting you in this.' [Post 6 of 7] Frank26 [Community Member bank experience Continued] ...She says, 'You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.' Frank...is there another avenue? FRANK: I would much rather you tell that bank...'thank you manager and helping me but...with all due respect...what happens when you send those dinars to the other bank and they get stollen...or burned up and all my dinars are gone? ...Where are you sending my dinars? What main branch are you taking them to? ...thank you very much. That's where I'm going to go. That's what you should do IMO. [Post 7 of 7] And now for Mark's Nonsense: ** Mark [Q? : I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. [ Q? : Does it make sense at that rate?] Absolutely. Could it be? Absolutely.
    3 points
  22. So, I was visiting with my siblings last night as we have gathered for Thanksgiving. The discussion turned to the moral state of the Nation. I said one thing I hated the most was how the "F word" had become part of normal conversation.
    3 points
  23. World Bank: The government has a new opportunity for necessary economic reforms. 2022-11-22 POSTED ON2022-11-22 BY SOTALIRAQ Translated by / Hamed Ahmed A new report of the Iraq Economic Observatory of the World Bank stated that the Iraqi economy is currently witnessing a recovery due to the increase in production accompanied by the rise in oil prices, indicating at the same time that while Iraq is considered among the countries in the world most dependent on oil in its economy, it is without radical structural reforms and diversification of the sources of the economy This leaves him vulnerable to the consequences of fluctuating crude prices in the global market. The report stated that after the economic growth rate in Iraq expanded during the year 2021 by 2.8%, the annual GDP growth of the country increased during the first half of 2022 to 10.5%. Higher oil revenues resulting from the increase in export quantities and prices have strengthened the country’s financial position. in a big way. Despite several reform initiatives in the country, Iraq is still one of the most dependent countries on oil in the world. High dependence on oil coupled with mismanagement leaves Iraq vulnerable to fluctuating oil prices, and although oil is the source of most of the government’s resources, the oil sector occupies only 1% of the labor force in Iraq. The public sector is the largest official place of employment, accounting for 37.9 percent of the country’s workforce. As for the private sector, it is still a poor, informal sector that is stunted from growth. The report confirms that the legacy of conflicts, political instability, and poor management of state institutions has increased the decline in investment in this sector and hampered its growth. The report indicates that the new government’s assumption of its duties in October 2022 represents a new opportunity to implement reforms in order to diversify the sources of the economy, taking advantage of the good financial situation that it now enjoys to achieve a sustainable growth path that is able to withstand the shocks of fluctuating oil prices and the growing challenges of climate change crises in the country. . Preserving part of the oil revenues to face any decline in economic activity is crucial to achieving sustainable growth, and laxity in the economic reform process during this period would deepen the structural economic challenges. The report states that the absence of approving the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment projects. In addition, with a weak business environment, inefficiency in public sector investment, mismanagement, corruption, and lack of adequate infrastructure, all these factors constitute major obstacles to attracting foreign investment, despite some progress in recent years. The white reform paper prepared by the previous government had included measures to improve the public investment network and redefine the public investment management system based on the best international experiences in this field, but so far these plans have not been fully implemented. With regard to the consequences of climate change, the report indicated that Iraq is exposed to direct and indirect effects of this issue, as the increase in water scarcity and the decrease in agricultural crops are problems that affect the rate of economic growth and increase the risks of food security, and that this has an additional impact on the socio-economic challenges for the people of the country. The report calls for the adoption of effective measures to cope with climate change, focusing on better ways of using the water allocated to agriculture for the purpose of its sustainability, which contributes to the continuity of economic income for farmers and the provision of job opportunities while maintaining food security at the same time. To achieve this, there are three main points; It is improving the infrastructure, enhancing innovation and developing administrative work. These challenges are getting more severe as the country remains completely dependent in its economy on oil only, which leaves that country vulnerable to new economic risks amid the world’s trend towards non-carbon alternative energy, whereby oil loses its role at this stage as a source of imports with the decline in demand for it. https://www.sotaliraq.com/2022/11/22/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%81%D8%B1%D8%B5%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84/
    3 points
  24. We’ll said! Our government too has waste and inefficiency (understatement). Our private sector was raped and pillaged during COVID while the big businesses remained open. Our currency is worth less than we realize. Very unfortunate indeed!
    3 points
  25. Exchange offices indicate two reasons behind the rise in dollar prices in Iraq and expect a further rise 22nd November, 2022 Some banking offices revealed, on Tuesday, that the denial of some banks to enter the currency auction and the new instructions of the Central Bank are behind the rise of the dollar against the Iraqi dinar. The owner of the Al-Waha office, Hussein Al-Moussawi, said in an interview with Shafaq News agency, "The central bank's suspension of 14 banks from entering the currency auction is behind the rise in dollar prices in the local markets." The Central Bank had decided on November 6 to stop dealing in “dollars” with four banks for audit purposes whose names are linked to corruption files, while some parties said that the US Federal Reserve stopped financial transfers to 14 Iraqi banks on charges of smuggling money from the currency auction. He added, "The bank's new instructions, which will be applied on the first of next January with regard to obtaining currency in the bank's auction, which will also include exchange offices, is to apply through the electronic platform and directly to the central bank," noting that "the bank will also be able to disclose all the names that are sold to by these banks and exchange offices. Al-Moussawi also indicated that, "These complex instructions, which are rejected by banks and exchange offices, are expected to raise the dollar above 1,500 dinars during the coming period." It is noteworthy that the prices of the dollar rose gradually during the past days, to reach today the price of 100 dollars on the Kifah Stock Exchange 148,900 Iraqi dinars. https://shafaq.com/ar/اقتصـاد/مكاتب-صيرفة-ت-شر-سببين-ورا-ارتفاع-سعار-الدولار-في-العراق
    3 points
  26. MegaMillions 11/22/22 17 - 27 - 39 - 43 - 60 MB 13 PowerBall 11/23/22 05 - 17 - 29 - 46 - 49 PB 13
    3 points
  27. T+1 (T+2, T+3) Explained: Definitions and Settlement Example (investopedia.com)
    3 points
  28. MM 11-22-22 11 28 34 45 68 MB 22 PB 11-23-22 04 12 27 47 62 PB = 20
    3 points
  29. 3 points
  30. MM 11-22-22 14 39 48 62 67 MB 06 PB 11-23-22 06 13 14 22 58 PB 18
    3 points
  31. MM 11/22/22 17-26-40-42-53 MB 10 PB 11/23/22 25-29-35-40-63 PB 07
    3 points
  32. DEAR SANTA CLAUSE, I FOUND WHAT I WANT FOR CHRISTMAS, A DILLON PRECISION QUAD MINI GUN TURRET On Bitchute: 32 seconds: https://www.bitchute.com/video/20EF8oFPR2D7/
    2 points
  33. here's two articles from Dinarland... Iraq is awash in untold wealth Everywhere Iraq turns, it finds more wealth. Treat as a rumor. Not verified. Your opine. TNT via CandyKisses: ARTICLE: In numbers… an unprecedented value for Iraq’s foreign reserves. Tuesday, the financial and economic adviser to the Iraqi government, Mazhar Muhammad Salih, revealed the size of Iraq’s foreign reserves. Salih told (Baghdad Today) that “Iraq’s foreign reserves are the highest today in the country’s financial history, which amounted to nearly 90 billion dollars,” explaining that “their coverage of the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times. He added that “what is happening here and there in terms of fluctuations in the exchange rate through the secondary markets are nothing but commercial speculations that occur suddenly & disappear immediately. Tishwash: Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable.
    2 points
  34. I'm thankful that this website is back up and running 👍😀
    2 points
  35. Happy Dead Bird Day all my American friends. Have a safe and Happy Holiday. pp
    2 points
  36. The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America Tuesday - November 22, 2022
    2 points
  37. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq...so, take everything with a grain of salt... especially if it's coming from Mark... RON *** Mark [Q? : ...there is a rumor the Dinar rate has been released...] ...I am hearing similar news guys...I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing from my sources $4.81 and $11.90… We will not know for sure until we are exchanging…imo that seems like a very “pie in the sky“ rate. I do not believe we will see the rate of $11.90... I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate. [post 1 of 2] ** Mark I am hearing they have great expectations of it being posted in the next 36 hours or so…we do not control the timing. It could be sooner or a bit further off…we will see... we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate...Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment...Just do not make radical financial decisions on these rumors…[post 2 of 2] It would be nice if this were true, but I don't believe a word he says..! RON
    2 points
  38. Thanks keyline and all who contribute here. Thanksgiving is tomorrow, so I will state here one thing I am thankful for. That is that we have stopped posting that foul mouth New Yorker "Big Lou" and his nauseating videos everyday. Guy made me want to hurl!!
    2 points
  39. Here we go again. DAMN! I LOVE his policies, (probably better than any Repub who is considering running in "24), BUT I wish he would initiate his policies and STFU!!!
    2 points
  40. I love that guy. Speaking what many of us are thinking.
    2 points
  41. Iraq was the last holdout still clinging to the Petro Dollar. Now that Iraq is clearing the streets of USD, this will be the end of the USD & usher in the new global financial system. IMHO.
    2 points
  42. MM 22 Nov 22 04 07 11 20 52 MB 06 PB 23 Nov 22 05 08 14 23 53 PB 06
    2 points
  43. Yota MM 11/22 18-43-47-64-67 MB 07 PB 11/23 21-29-46-48-63 PB 21 Mine MM 11/22 13-23-31-45-58 MB 10 PB 11/23 20-23-26-28-66 PB 21 Ours PB 11/23 07-08-21-53-64 PB 11 23-53-59-64-66 PB 13
    2 points


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