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Showing content with the highest reputation since 03/21/2020 in Posts

  1. 32 points
    Thanks again Ron, The excitement is building. CBI uses the daily auctions to improve monetary control and foster money market development. The CBI uses the daily auctions to: - Curb inflation - keep the 2% gap Between official rate and black market rate - build foreign currency reserves - cover imports - cover public employees salary In my opinion stopping the daily auctions means only one thing; They are moving to an open market economy with a new dinar rate Go Open market economy Go new dinar rate Go purchasing power
  2. 29 points
  3. 28 points
    Happy Wednesday, all! The news, the news, the news! I don't have a specific topic to get into today, but I'm working on a couple of deeper posts. While I'm working through those, please feel free to give your feedback and ask your questions below. On to the weekly - first some general "big picture" world stuff, and then Iraq. DJIA, the 500, the 2000... One of my favorite parts of today's update is going to be the part that I'm not even doing (yes, I'm talking about @Pitchers recent contributions!) but the following should give some of us a little respite from the last week of holding our breath while watching the markets tank: Nice little upward tick there across the board. ↗️ No real uptick on OIL, but at the moment... the plunge seems to have hit bottom. BTC has stabilized a bit, giving a few more of us a breather. Did it hit bottom, or will today's difficulty adjustment spur another drop? And don't forget about the upcoming Halvening, ETA 14 May 2020. A snippet from website: GOLD - after a long, boring ride with no changes - at least something is reacting positively to all this market madness! There's a good article in the VIP section that may make you less eager to own something that you don't actually have control (physical) of. Coronavirus, while lowering crime rates in some cities, is still an issue. Stay away from people, wash your hands, let the thing run it's course. Don't be part of the problem, my friends! Thanks. US citizens may be a step closer to getting a check as part of a stimulus package. Bernie Sanders may have dropped out, or maybe not. Does it matter? Who knows, but the recent health pandemic has been a great test run! On to Iraq - up above I said "news news NEWS", right? I sure did... but, do you know what's not in those three words? IRAN. We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation. GOOOO RRRRVVVVV!!!! The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" But, @Mary B posted a good article yesterday regarding the World Bank on Iraq... here at DinarVets, we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together. ‼️ Another financial article was posted by @screwball regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere.... suddenly! Regardless of how or if a form of GCR occurs (it will), the topic ties into the post I published on Iraq's Auctions and Budget and how Iraq uses a banking/legal strategy to retain control of their funds, despite being on the hook for a lot of money. They use a completely legal strategy to handle their business, and it's very similar to something the wealthy have done for ages, and it's something YOU should be doing as well. Check this post in the VIP section. Just about done here, I know this Weekly is late today! I'm keeping an eye on this one: More to come! Be sure to get in the Weekly Lotto Pool - if you win and your numbers aren't in there, we can't share! So... get in.
  4. 26 points
    Once Again, NO Daily Auction today. Thursday - 3/26/2020 The ISX has not reopened for business - no reported currency change. That's 10 consecutive days (2 days closed), 8 no Auction days.
  5. 23 points
    Once Again, NO Daily Auction today. Monday - 3/23/2020 This, along with the ISX closed is a very interesting prospect. That's 7 consecutive days (2 days closed), 5 no Auction days.
  6. 22 points
    The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo 3/24/2020 Baghdad - Mawazine News revealed a senior Iraqi official in Baghdad, on Tuesday, that the World Bank informed Iraq of its unwillingness to discuss any new loan to Baghdad, the current status of the country. The official said, "The option of external borrowing, as one of the government's means to alleviate the financial crisis, is not raised due to assurances received from the World Bank that it is not ready to discuss any new loan to Baghdad in the current state of the country," noting that "recent government decisions were unsuccessful and contributed to increasing Financial deficit. " He added, "These decisions are represented in the employment packages launched by the government, and they were all courtesy motives at the expense of the actual need, and have so far reached more than a quarter of a million jobs." Ended 29 / A 43
  7. 21 points
    From Adam: CBI Auctions. These are used by the CBI to regulate the money, control the money, maintain the money - specifically, the rate and the amount in circulation. Actually, the CBI is selling USD at the auctions... but this will turn into a 7 hour read if I go too deep into that! It's helpful to understand where Iraq comes up with the USD to sell at the CBI auctions. The short version is this: Iraq's primary source of revenue is OIL. Payments are made in US Dollars, paid to the DFI (Development Fund For Iraq). The USD is then transferred to the Ministry of Finance (MoF), and the MoF sells it to the CBI in exchange for Dinars - the same Dinars that the CBI collected through the Auctions of USD. image source See how that all came full circle? Money in, money out, easy peasy. (This will take us to the Budget later.) (Fun fact! Dollars go to the DFI account rather than directly to the MoF to prevent the money from immediately being confiscated to pay reparation debts... kind of like using an IBC to protect assets.) We can expect the auctions to continue while the Dinar is pegged to the dollar, undervalued, and the circulation needs to be controlled. There are some people who believe the Auctions in Iraq need to stop, and there's good reason for that - few countries have had success with them. For example, South Sudan (who knows where that is?) tried it four times after they devalued. South Sudan, which is known as one of the most underdeveloped nations in the world, and who's primary export is timber. That's no knock on wood, the world needs wood... but wood isn't oil, and South Sudan isn't Iraq. (Sudan and South Sudan don't even make the top 100 in the world for oil reserves.) Iraq is obviously different, both in potential here and in the successful practice of having auctions. Other countries to do currency auctions include Jamaica, Uganda and Sierra Leone. Like South Sudan - none of them are Iraq, and none of them carried Auctions as long as Iraq... in fact, the auctions in those cases were failures. With those examples in mind, of course we'd like to see the currency options stop. And they probably will, at some point. But most likely not until after the RV. Since the auctions aren't stopping, and Iraq is not the same as the countries that failed at auctions... what can we expect during a major rate change? Fantastic question! I'll take a stab at it, using examples to make the point. At the auctions, the CBI operates buy/sell at about a 2% difference, which is an effective start of the spread that will affect every single one of us. If the rate were changed today to 1IQD per 1USD and the IQD returns to the global market (it will, at any significant increase in rate), then we will be trading in at the rate stated by the CBI minus middlemen fees - what it costs to actually get the money through the various institutions and into your account. (This isn't Bitcoin, you know!) If the CBI is using a 2% spread, they will "buy" at .98 and "sell" at 1 per US dollar. I fully expect that to fluctuate, perhaps wildly. They may pay .99 at first to show their confidence, and then lower it to .90 or further. (The bigger the differential, the more beneficial it is to them for the day profits.) They may quickly move to a flat 1:1 "Auction rate" simply to reinforce the rate and show that they are going to ditch the auctions soon - a lot of this is going to depend on the market. It is a business, after all. A 2 cent difference may not seem like much, but bear with me... It is important to understand the spread! I'll keep using the 1:1 number. For example, Iraq announces that the dinar is equal to the US dollar, the CBI is backing it, the IQD goes on the global market, and the rate sustains itself after a short time due to market demand. At this point, a lot changes, but those are different (and much longer) conversations. When we exchange, we are not going to the CBI - we are going to a bank that will trade IQD for dollars (or any currency). That bank will rely on the CBI buy rate first, which means they are getting a max of .98 USD per 1 IQD. Then they have to pay tellers and all their other expenses, so they add their spread on top of that - and this is assuming the bank you use is buying (selling) direct with the CBI. (They won't be.) By the time it gets to you, the CBI may have an advertised rate of $1, but you're only putting .70 in your pocket (before taxes). That "spread", or "cost", is unavoidable. We are not going to get the full "rate". Of course, you will get a better rate (money in your pocket) if you're VIPhere at DinarVets, but that's not the point of this. The point is the Auctions will continue, and looking at past auctions - even yesterday's or today's auction - will not give us clues to if Iraq will RV today or tomorrow. (If we could see tomorrow's auction, that would be a different story!) The Auctions are good to see, in Iraq, because they are proof that Iraq is stable, still in business, and functioning. But the CBI Auctions will not give us the RV date until after you get my text message. In my opinion no seeing the auctions for 7 days in a row means the CBI is up to something. Go RV Go asap
  8. 21 points
    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.
  9. 17 points
    I actually feel sorry for all those people who got out and are not watching this. History is being made and we got front row seats. Our Ship is in the Harbor
  10. 16 points
    I knew where my dong was the whole time, just had to pull it out. Got my dong in one hand and my dinar in the other ready to go cash in.
  11. 15 points
    The only way Iraq can avoid these American sanctions in 30 days is for al-Zrafi to be able to form a new government. I'm thinking even the thieving crooks in parliament have figured that out because they know if the USA puts these sanctions on them, all their money will be gone. It appears they are finally at place where they have no choice but to allow someone other than an Iranian puppet to run the country. I'm just curious to see how long the auctions and the ISX will be stopped, if the ISX doesn't resume on Sunday like planned this could really get interesting...
  12. 15 points
    Btw - Has Anybody Seen The Bro’s ?
  13. 14 points
    Who Negged Laid Back for the awesome post explaining the auctions? Come out please and explain yourself!!! I would like to read why it was done. A mistake maybe?
  14. 14 points
    Partially... corona is having an impact everywhere, directly and indirectly. Corona isn't the primary driver in this, though - that is true.
  15. 13 points
    From Twitter, linked by Q to this tweet: RIP Federal Reserve!!! This is Huge!!!! "This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."
  16. 13 points
    JoeB, I've explained to you before "why" I post some of these supposed gurus. If you are so dense as not to comprehend what was previously stated to you, and others, then I would ask you to recheck your IQ rather than question mine. By the way, mine is 149...! As I said to you before, please don't read what I post, if it is so offensive to you. I am no pumper, but I do hold a significant amount of IQD. Also, I do not post anything that would tend to encourage anyone to run out and buy more IQD. As for my posting Adam's opinions that others copy - you might be surprised how many members don't read the chat logs. Many people are looking just to find out what others are saying out there (opinions)....period. I do not need to justify myself to you, but I'm giving you the courtesy of a limited answer to your impolite diatribe. You have even ridiculed other DV members for choosing to read them, or who show their displeasure in your rant - very inappropriate. Have a good life, I hope you get one soon. RON
  17. 13 points
    3-26-2020 Newshound Guru Jeff What did I tell you was needed for a rate change? To shut down the financial markets. And they did and they're still down...the financial markets within Iraq have now been down for a period of two weeks. I told you that in my opinion the financial markets would be down down for a period of 4 weeks.. 3-26-2020 Newshound Guru Pimpy ...people are asking about the me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first. 3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of... 3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...This is taken from another site that follows Adam's opinions and posts snippets from them. You can find Adam's full chat in our DV Chat Logs Forum at: Adam Montana Weekly 25 March 2020 3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return. 3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option... 3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020] That's All Folks .... Have a good night's sleep...! RON
  18. 13 points
    So, OK, I am nuts. Nothing new about THAT. Well, OK, a 30 DAY EXTENSION FOR THEE Bicraqi Iraqi???!!! With NO EXTENSION PAST 30 DAZE???!!! WHAT, pray tell, IF ANYTHING will OCCUR OTHERWISE LIKIE CLOCK WORK???!!! The 2020Q1 Corporate burnings, er, EARNINGS REPORT AFFECTING THEE CROCK, er, STOCK MARKET!!! YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!! Maybe BABY THEE NEXT 30 DAZE ARE NEWS PACKED AND ACTION FILLED???!!! Ayatollah Ali Knomeini BITES THEE DUST DUE TO THEE CoronaIVirus???!!! WHAT, pray tell, "affect" Will THAT Have On The Iranians???!!! The True The United States Of America Patriot President Donald J Trump SAID THE CORONAVIRUS IS DONE, DONE, DONE COME EASTER 2020???!!! WHAT, pray tell, IF THEE CROCK, er, STOCK MARKET IS ABOVE 29,000 COME April 25, 2020???!!! YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!! Go E Pluribus Unum FOREVER!!! Go MAGA FOREVER!!! Go True The United States Of America Patriot President Donald J Trump THROUGH 2024!!! Go True The United States Of America Patriots FOREVER!!! Go Israel FOREVER!!! (A Special Thank You To ALL The Red Rubymeisters In ADVANCE For ALL The Red Ruby Citations As Badges Of Honor For ME For "Display Of Intellectual Speed And Power" Who THINK (misnomer, OF COURSE) The True The United States Of America Patriot President Donald J Trump IS A POS!!!)!!! Go Red Rubymeisters AND Self Declared Lack Of Sufficient Intelligence Voters (ELSEWHERE!!!)!!! Go Moola Nova!
  19. 13 points
    Crazy just insanely coincidental... That the world falling back from cash purchases, everyone's eyes on the Corona , the market is crashing, CEOs stepping down left and right , auctions have stopped and all the while iraqs currency is still the same, now if they do it now they could have the ability to raise their rate with the rest of the worlds once it starts getting back to normalcy...float float float rise with the oils rate... I truly think we have the potential to come out of this on top of we make it through
  20. 13 points
    As I was listening to Chairman Powell this morning and then reading the Stimulus Bill I just can’t help but wonder two things 1. Where is this 2 Trillion coming from and how will it be paid back. What does that make our National Debt now, 25-27T. Those are staggering numbers. What do they know, and what is coming down the pike for our Country’s future. 2. Foregive me for some wild speculation and I’m probably 100% wrong, but, if our Government owns a lot of Dinar maybe it is time to push the damn RV button. That’s if we have any say in that at all. Our Government could surely use the taxes and an RV would generate a boom for the economy as Dinar holders would certainly go buy new homes, cars, furniture, vacations etc. Whatever the plan is, a global reset, digital currency, the cabal being thrown in jail, or all of those and more, it sure seems like the process has started.
  21. 13 points
    The Dinar may not have revalued yet but......
  22. 13 points
    3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34... 3-24-2020 Newshound Guru Jeff ..."I didn't say the rate changed". I said, "the rate change process started". We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...! 3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...! 3-24-2020 Intel Guru Frank26 [Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic?] Of course it is, but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. [Q? : So is it possible that the RI could be pushed out several months...?] Based on all those things that we've been saying and studying, no I just don't see that. 3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news! 3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. " your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly..!
  23. 13 points
    I did not see this article when I posted on another thread. I stated as much that the IMF said politely to Iraq in June 2019 that this day was coming. This is just the World Bank. The IMF is next.
  24. 13 points
    Finally, the adult in the room says no more money. The World Bank should have done this 2 loans ago because making the thieves richer doesn't help the Iraqi citizens. This bad news to the crooks of Iraq could be just the thing to force them to think of the citizens for once an do the right thing. Thanks Mary B for the article......
  25. 13 points
    The member of the Finance explained the prosecution, that "other options the government may resort to among them are: studying the adjustment of the dollar exchange rate against the Iraqi dinar in the central bank, which will lead to an increase in government revenues in dinars and reduces the import and encourages the local product." Make the dinar great again.! Go RV Go ASAP
  26. 12 points
    I don't trust everything this guy says by any means, but he at least seems to think for himself and I think he makes sense a good percentage of the time. Sure's he's been wrong a couple of times when he's called the RV, but heck, who hasn't, so I don't hold that against him. If he's right that the two brokerage firms were notified that the ISX won't open until April 12th, then this just might be RV. I don't think the part of tying it in with Trump's trying to open up the US economy on Easter is true, but that certainly does not mean that Easter is not Iraq's target date. After all, we know Iraq needs to do it and they've halted their auctions and closed their stock exchange for a while now. I sure hope that's because Iraq is getting their financial system set up so that they can finally pull the trigger on Easter. Come on Iraq..... GOOOOOO RV!!! 3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
  27. 12 points
    Hi Jack, I'm in complete agreement with Laid Back - he posted: Thanks Laid Back .... well said. Ron
  28. 12 points
    • If a dude pretends to be a woman, you are required to pretend with him. • Some how It’s un-American for the census to count how many Americans are in America. • Russians influencing our elections are bad, but illegal Mexicans voting in our elections are good. • It was cool for Joe Biden to blackmail the President of Ukraine, but it’s an impeachable offense if Donald Trump inquires about it. • Twenty is too young to drink a beer, but eighteen is old enough to vote. • Sexualizing children is bad, but 11-year-old drag queens are good. • Illegals aren't required to show ID, but citizens can't buy cough medicine without it. • Citizens are fined if they don’t buy their own health insurance, and then they are forced to buy it for illegals. • People who have never owned slaves should pay slavery reparations to people who have never been slaves. • Inflammatory rhetoric is outrageous, but harassing people in restaurants is virtuous. • People who have never been to college should pay the debts of college students who took out huge loans for useless degrees. • Immigrants with tuberculosis and polio are welcome, but you’d better be able to prove your dog is vaccinated. • Irish doctors and German engineers who want to immigrate must go through a rigorous vetting process, but any illiterate Central-American gang-banger who jumps the southern fence is welcome. • $5 billion for border security is too expensive, but $1.5 trillion for “free” health care for illegals is not. • If you cheat to get into college you go to prison, but if you cheat to get into the country you go to college for free. • Politicians who say that the President is not above the law put illegal immigrants and themselves above the law. • People who say there is no such thing as gender are demanding a female President. • Illegals don’t pay taxes, but they get tax refunds. • We see other countries going Socialist and collapsing, and it seems like a great plan to us. • Voter suppression is bad, but not allowing the President to be on the ballot is good. • Fourth-of-July parades are bad, but parades of women dressed as vaginas are good. • Some people are held responsible for things that happened before they were born, and other people are not held responsible for what they are doing right now. • Criminals are catch and released to hurt more people but stopping them is bad. And pointing out all this hypocrisy somehow makes you a "racist". Are you tired of living in the Left’s liberal, dystopian nightmare? - copy, paste and share.
  29. 12 points
    I know my Dinar is clean.....been in storage for 10 years!
  30. 12 points
    So where did the 6 Trillion dollars for aid come from? Anyone still think America doesn't own Dinar? 1st Quarter ends on Tuesday and 2nd Quarter begins on Wednesday, ring any bells? The MSM has hyped this virus up in the hopes of creating a recession but mark my words Trump is going to come out of all this looking like a god. And the MSM will pay the price for creating hysteria. In the middle of it all Iraq will RV/RI and few will ever notice.
  31. 12 points
    Thank you Adam. We’ll get through this mess. My dog made me wear this deal for my own good.
  32. 12 points
    Once Again, NO Daily Auction today. Wednesday - 3/25/2020 The ISX has not reopened for business - no reported currency change. That's 9 consecutive days (2 days closed), 7 no Auction days.
  33. 12 points
  34. 12 points
    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. "في-الوق-ت-الذي-ينشغ-ل-الجمي-ع-بال-كورون-ا-انب-اء-ع-ن-انق-لاب-عسكري-ب-العراق-بقي-ادة-ام-ريكا
  35. 12 points
    Thanks Ron, much appreciated sir, keeping the faith
  36. 12 points
    Changes underway.!! Thanks for the post Ron.
  37. 12 points
  38. 11 points
    3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward... Good Morning DV - we shall see what today brings us - have a blessed day ... RON
  39. 11 points
    Thank you all for your comments. @3n1 @Carrello @jcav @WheresmyRV? @Retiredofficer @ronscarpa Go RV Go asap
  40. 11 points
    There are a few people on here that loves to neg some people for nothing. +1 for you Laid Back, I enjoy your optimism on here very much!
  41. 11 points
    Sounds a lot like someone is telling Iraq RV/RI or We're going to annihilate you economically speaking.
  42. 11 points
  43. 11 points
    I hate to say it but; I'll believe it when I see it. I have / We have heard the same blah, blah, blah way too many time before. I want to believe them, but their track record for being truthful and honest is ... Semper Fi GO RV
  44. 11 points
    3-25-2020 Newshound Guru Breitling [Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?"] The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. [Q? : How do you do that?] You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or's a good question but we don't need them for a stimulus package... 3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the's all pointing in one direction...
  45. 11 points
    Years ago a DV member posted the dates of past Iraqi dinar revaluation. All of them at the end of March. Hoping for an RV at the end of March. Go RV Go ASAP
  46. 11 points
  47. 11 points
    Something is in the works at the CBI. Thanks again Ron.
  48. 11 points
    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
  49. 11 points
    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.
  50. 11 points
    We are focusing so much , like the rest of the world, on the COVID-19 that things like the CBI not having daily currency action is not even mentioned. This is a perfect time to RV.

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