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  1. 47 points
    WARNING!!! If you don't like reading speculation about why the RV may be imminent, please just skip this post!!! That way you won't have to get upset and you also won't rain on the parade of those of us who like to partake of hopium. I just realized this today, and I find it interesting that there has been no currency auction since May 21st. And also that the ISX was last open on May 21st and now they just announced that the ISX will remained closed through June 4th. For the ISX, Fridays and Saturdays are holidays, so the next open trading day for the ISX will be June 7th. And finally, last Saturday, Iraq's curfew/lockdown was extended until June 6th, which means Iraq reopens on June 7th. Now that Kazemi seated his Cabinet last month and is already taking on a variety of issues, it looks like Parliament is even stepping up to try and form a coalition to help him do that more effectively. Which is great because he faces a lot of opposition to the changes he's trying to initiate. I have to think that one of Kazemi's most pressing issues is the huge cash shortfall Iraq now has every month due to low oil prices (which don't seem likely to increase much - if at all, in the short or long term). I honestly don't know if shutting down the auctions and the stock market are necessary for the RV, but to me it just makes sense that it would be easier to RV while financial markets are shut down. And I do find it a bit strange that Iraq has shut them both down quite a few times in the last couple of months. Of course we have had the coronavirus during that time, but still, it may not be just a coincidence that it occurred when oil prices tanked and put Iraq's budget seriously deep into the red every month. Personally, I wonder if Iraq had tried to do the RV one or more times during the last two months, but just couldn't get it done because adversaries blocked it everytime. There's no way to know I guess, but I still wonder because the sooner Iraq RVs, the millions and millions of dollars they immediately stop losing. So under those circumstances, Iraq should RV immediately. Anyway, I know it's entirely possible we'll see June 7th come and go with no RV, and the currency auctions start up again and/or the ISX reopen. If that happens, it may just mean that the RV got thwarted yet again. Or I could be totally wrong about all of this. But in any event, I have to think, with all the progress that Kazemi has been able to make, and having achieved the milestone of seating his Cabinet, surely chances are much better than they've ever been. So if Iraq was close to RVing before, maybe this time it's in a strong enough position to finally pull it off. GOOOOOO RV!!! And aren't these riots horrible!!! So disturbing and tragic.😢😢😢 I for one welcome this bit of hopium because it's something pleasant to have in the midst of our beloved U.S. literally burning.
  2. 44 points
    Good morning, and Happy Wednesday! Warning: This Weekly Update is coming in like a lamb and going out like a lion. Before we get into it, I want to thank you all for being the best dang group of people I've ever been associated with. Please know that I never take you for granted, and time after time you impress me with your heart and character - as evidenced time and again, in particular by the incredible outpouring of love, respect, and goodness in last week's update. Cheers to you all, God bless, and thank you. Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed. What I mean by that is the last couple PMs were met with fierce opposition, riots, and outcry. I don't think for a minute that the Iraqi people are done fighting or they have lost their spirit - the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. The fact that Oil is returning to normal and sustainable price levels... well, that's just gravy. I'm not the only person who looks at that chart and feels hungry! One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. Over the last few weeks, I've been noticing a trend. The news pieces that I am privileged to share and break down for you all have not been the "simple and sometimes boring" topics that have plagued us for months at a time in the recent past. On the contrary, I've been finding that much of the news and the key parts of this complicated web of information are challenging to piece together. It's led to a few "doozies" lately... the recent post on the Iraqi Budget is a good example. That one took a lot of editing and deleting and starting over to break it down into a manageable post that wouldn't make people's eyes glaze over. Based on the responses from the community, I feel it was worth the time. As the year 2020 is progressing, I am seeing more and more information that is stitching together in very complex ways. It makes my "job" a bit harder, but also more satisfying... and it will be even more satisfying when all of these things meet up at the end. The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides. I may do a longer explanation on this soon, but for this post I'll just state that Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. The Middle East as a whole is a major producer of oil. Anything that is produced, and sold, needs to be transported to the consumer. While Iraq only has a small piece of the land that accesses the Gulf of Persia, they do have a sizable and important piece of the land that connects many paths that Oil must cross, and the HCL is vital to forward progress. Hang on to your seat as you read through this next bit: The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning. That also comes back full circle to the HCL - eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving. I encourage everyone to read the links I posted in the above text. Piece that all together in your head, and get in VIP, because things are about to start happening REALLY FAST. GO HCL. GO RV. Best regards, all! Have a fantastic day and stay safe. - Adam P.S. If you hadn't noticed, I've been linking the relevant articles a lot lately instead of quoting them. This might be a little more work on your part to completely understand my posts, but I've received a lot of positive feedback from members as well. Feel free to chime in and let me know which you prefer! P.P.S. Our Powerball Pool is here. Get in!
  3. 40 points
    Good morning good morning! Happy Wednesday DinarVets, and welcome to another edition of "The Weekly". Hopefully it's one of the few remaining. 2020... what a year so far! I'm not going to comment on the current events because they don't really make a difference on the Iraqi Dinar, and it's a rant that I just don't feel like getting into this morning. I am curious to see what kind of "spike" we will see in corona cases, though, since there are suddenly gobs of people doing the exact opposite of "social distancing"... my guess is that there won't be any massive spike. Time will tell. Anyway! We made it through a couple months of invisible plague. Ramadan and Eid al-Fitr has passed. After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: https://en.wikipedia.org/wiki/Mustafa_Al-Kadhimi#:~:text=Al-Kadhimi was a vocal,of the Iraqi political parties. The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami! These topics will get you up to speed on "the rest of the story" quickly: 1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential: 2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past. 3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress. They may not vote every one of them in, but 80% will be enough to move forward. 4. If you want the play-by-play, our fearless and tireless @yota691 has you covered. (tl;dr version: Parliament is working.) And on that note, my friends, I am wrapping up this Weekly. Life is good, things in the desert look positive, and GOOO RRRVVVV!!!!! - Adam
  4. 38 points
    Good morning good morning! Wednesday, 13th of May - Year of the 'Rona. The year we saw historic losses in the financial markets, the first time OIL ever (ever) hit negative numbers, and the world changed in ways some of us never believed would happen. Everywhere we go now, things are slightly-to-a-lot different. Plexiglass sneeze guards at every store register, shower curtains between tables at restaurants in our future, sporting events without fans, and this is only the start. With unemployment at the worst since the Depression, possibly worse to come, and the government printing money like... well, like they usually do, just a little faster. The truth is that all of the events we are witnessing were bound to happen eventually - the "pandemic" simply expedited some of it. The US debt column has been on a steady incline, and that was not going to reverse. A world where we have a "responsible government" and a "balanced budget" is nothing more than wishful thinking. The good news? It doesn't matter. I mean that. It simply does not matter. We can complain all we want, but since the US Dollar went off the gold standard and became full fiat, we have been playing with pretend money, valued by nothing more than our imaginations. Yes, we can buy actual food with our dollars. We can trade these same dollars for a roof over our head and a vehicle to get us places. If we had looked at our crystal ball last year and invested in Netflix, or shorted travel related stocks, we'd be sitting fairly pretty! The interesting thing about wealth, and power, and luxury and money and toys and tools is that they are never really "lost" - they just get transfered, in a never ending shell game. There will always be winners, and losers, and much of that is decided on where you are when the dice are rolled. Iraq is no different. The currency of Iraq is no different than the currency of any other fiat based country - it's made up, yet the uses are real. And unlike COVID19... we are fully prepared for this one! (At least most of us are prepared - are you?) In the news: Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen. That link was from four days ago, and then yesterday we see PM al-Kazemi reconfirming his commitment to wrapping this portion up in "the next few days". There is more, of course! There always is - I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer. Bitcoin is in an interesting spot - the halvening happened, and BTC is currently hovering near $10,000. In my opinion, there is still time to get in while it's still cheap. You CAN buy a fraction of a bitcoin, which means you can put $100 or $1000 into it. Coinbase is an easy option. VIP is still open. You can NOT buy a fraction of a VIP package but at $49 for 3 months, you can get in and be prepared for about 54 pennies a day. It's the smart move, get in now! The Weekly Powerball Pool is here - join us! As always - be safe, be happy, be free, and GOOOO RRRRVVVV!!!!! - Adam
  5. 35 points
    Good morning all, and happy THURSDAY! Before I get into the Iraq portion, I want to wish you all a safe and grateful memorial day. This community is filled with many veterans, and I'm thankful to all of you that I can thank here and also those that won't read this message. We are blessed to be here, and we wouldn't be if not for the many who sacrificed for us. We have a bit of a doozie for today - it's really more of a big picture post than a laser focused announcement, but it is important. It's a doozie, not because it's long and detailed... rather, because it's a bit tricky to piece it together in your head - especially if you're new to the topics or haven't read all of the background information. With that in mind, I decided to keep this simple and short. Let's start with a little irony - I was partway through a writeup on the anniversary and re-signing of EO13303, and it seems some of the community here was on the same page: Answer: Yes. As posted on whitehouse.gov, "Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, within 90 days before the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date." I think we all expected President Trump to continue in this tradition, but more importantly we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise." Guess what else had a major impact on Iraq and was focused on the DFI (Development Fund for Iraq)? Chapter 7. Chapter 7 was imposed on Iraq and prevented them from acting as a fully sovereign country. It effectively prevented them owning or possessing the means to protect themselves. It was instrumental in tossing Iraq back into the stone ages, like slapping a felony on someone looking for a job at a gun store. Iraq could not have maintained or raised the value of it's currency while under Chapter 7. Iraq is no longer under Chapter 7 restrictions. If you read the recent article explaining the CBI Auctions and the Iraqi Budget, you probably remember seeing the DFI mentioned there as well. Chapter 7. EO 13303. Auctions, Budget... and they all tie into the DFI, the Development Fund for Iraq... suspicious, or obvious? I think it's obvious. I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when". That's a private matter for you regarding your account - it's best to let my staff help. Rendog, sorry I missed your post there! You are correct, I've addressed it in the past. As a VIP member you have free access to the RV Intel book - grab it here. The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral. The book RV Intel goes into more depth. ============= There is a lot going on right now - Kazemi-RV-KAZZAMIE continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. A completely different person by the name of Mustafa al-Kadhimi is also kicking butt at his job... wait, that's the same person. Iran has lost a ton of ground in Iraq, Kazimi-Kazemi-Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile. Enjoy your holiday, friends. Be safe, thank your vets, and GOOOO RRRRVVVV!!!!!! - Adam
  6. 35 points
    Printing currency Devalue the dinar No money to pay salaries covid19 Curfew from 5/22 to 5/30 ISX also closed same dates Suddenly RV
  7. 33 points
    Happy Wednesday, gang! This week seems to be off to a great start! The COVID ('Rona) scare is on the decline, but now we have Murder Hornets, and... will it ever end?! No. So let's move on, live life, love our families, and be happy. On to the topics! DJIA, S&P, GOLD, pretty much everything is up, including OIL... and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Check out this thread for the latest developments: Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! It gets better: Link: https://dinarvets.com/forums/index.php?/topic/273912-the-last-scenes-before-the-vote-on-al-kazemi’s-government-20-ministries-will-be-presented-for-voting-in-todays-session-and-the-foreign-and-oil-ministries-will-be-excluded/ It is nice read something like that, but what they are NOT saying is much more important than what they ARE saying. Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly. I'm ready to send emails and text messages! Last week we had a thread in the VIP section for member feedback, and it's given me a bit to work on. I'll be sending out some VIP emails as that progresses. A few more notes before I wrap this up for now: 1. Ever hear of Kim Clement? Check this out! 2. Hi, thanks for being a member here at DinarVets. Be sure to enter the Weekly Powerball Pool! 3. One of the responses in that VIP thread made me think about a tip on using the forums here - the "tags" are pretty handy! For example, you can find a listing of all of my Weekly updates by going into the "Chat Logs" forum and clicking any of the "tags" that say "Adam Montana Weekly". 4. Bitcoin is scheduled for a big event... "the halvening", coming in approximately 8 days. This is historically a big deal: That's it... for now. Be well, stay safe, and GOOO RRRRVVVV!!!! - Adam
  8. 27 points
    It's up on both his blogspot website and youtube. It's a long one at 58 minutes, but it's good. He said a lot of the stuff we see in the news is only proposals. Until the idea is taken to Parliament and voted into effect, it means nothing. So that explains why we see so many contraditing articles. And he mentioned the translation problems, which we all struggle with. He emphasized that Iraq is really in trouble which we already knew. Oil prices will remain low (they need $56/barrel and they're $20-30 below that on each barrel and likely will remain that low long term). He spoke specifically about Iraq printing more moeny to pay salaries since they're that broke. That would devalue the dinar even further, but it's at least a way to make payroll. Of course, another way would be the RV!! Also the IMF won't lend Iraq more money because Iraq won't be able to pay them back. So Breitling said, if Iraq doesn't RV, the IMF can come in and make them - so I guess that's hanging over Iraq's head. He said the RV is really only up to the CBI and they could do it overnight, but Parliament can go to the CBI and ask them to do it and then the CBI will decide if they can successfully do it and if so then they'd do it. Anyway, he was optimistic about the RV happening soon, just like most of us here are. Let's hope it's this month, or at least June!
  9. 24 points
    Trump Does the Unthinkable When kindness knows no bounds. Wed Apr 29, 2020 Liz Crokin Donald Trump is a racist, bigot, sexist, xenophobe, anti-Semitic and Islamophobe -- did I miss anything?....Yup: he is also deplorable. The left and the media launch these hideous kinds of attacks at Trump every day; yet, nothing could be further from the truth about the real estate mogul. As an entertainment journalist, I've had the opportunity to cover Trump for over a decade, and in all my years covering him I've never heard anything negative about the man until he announced he was running for president. Keep in mind, I got paid a lot of money to dig up dirt on celebrities like Trump for a living, so a scandalous story on the famous billionaire could've potentially sold a lot of magazines and would've been a Yuge feather in my cap. Instead, I found that he doesn't drink alcohol or do drugs. He's a hardworking businessman. On top of that, he's one of the most generous celebrities in the world, with a heart filled with more gold than his $100 million New York penthouse. Since the media has failed so miserably at reporting the truth about Trump, I decided to put together some of the acts of kindness he's committed over three decades which have gone virtually unnoticed or fallen on deaf ears. • In 1986, Trump prevented the foreclosure of Annabell Hill's family farm after her husband committed suicide. Trump personally phoned down to the auction to stop the sale of her home and offered the widow money. Trump decided to take action after he saw Hill's pleas for help in news reports. • In 1988, a commercial airline refused to fly Andrew Ten, a sick Orthodox Jewish child with a rare illness, across the country to get medical care because he had to travel with an elaborate life-support system. His grief-stricken parents contacted Trump for help and he didn't hesitate to send his own plane to take the child from Los Angeles to New York so he could get his treatment. • In 1991, 200 Marines who served in Operation Desert Storm spent time at Camp Lejeune in North Carolina before they were scheduled to return home to their families. However, the Marines were told that a mistake had been made and an aircraft would not be able to take them home on their scheduled departure date. When Trump got wind of this, he sent his plane to make two trips from North Carolina to Miami to safely return the Gulf War Marines to their loved ones. • In 1995, a motorist stopped to help Trump after the limo he was traveling in got a flat tire. Trump asked the Good Samaritan how he could repay him for his help. All the man asked for was a bouquet of flowers for his wife. A few weeks later Trump sent the flowers with a note that read: We've paid off your mortgage. • In 1996, Trump filed a lawsuit against the city of Palm Beach, Florida, accusing the town of discriminating against his Mar-a-Lago resort club because it didn't allow Jews and blacks. Abraham Foxman, who was the Anti-Defamation League Director at the time, said Trump put the light on Palm Beach not on the beauty and the glitter, but on its seamier side of discrimination. Foxman also noted that Trump's charge had a trickle-down effect because other clubs followed his lead and began admitting Jews and blacks. • In 2000, Maury Povich featured a little girl named Megan who struggled with Brittle Bone Disease on his show and Trump happened to be watching. Trump said the little girl's story and positive attitude touched his heart. So he contacted Maury and gifted the little girl and her family with a very generous check. • In 2008, after Jennifer Hudson's family members were tragically murdered in Chicago, Trump put the Oscar-winning actress and her family up at his Windy City hotel for free. In addition to that, Trump's security took extra measures to ensure Hudson and her family members were safe during such a difficult time. • In 2013, New York bus driver Darnell Barton spotted a woman close to the edge of a bridge staring at traffic below as he drove by. He stopped the bus, got out and put his arm around the woman and saved her life by convincing her to not jump. When Trump heard about this story, he sent the hero bus driver a check simply because he believed his good deed deserved to be rewarded. • In 2014, Trump gave $25,000 to Sgt. Andrew Tamoressi after he spent seven months in a Mexican jail for accidentally crossing the US-Mexico border. President Barack Obama couldn't even be bothered to make one phone call to assist with the United States Marine's release; however, Trump opened his pocketbook to help this serviceman get back on his feet. • In 2016, Melissa Consin Young attended a Trump rally and tearfully thanked Trump for changing her life. She said she proudly stood on stage with Trump as Miss Wisconsin USA in 2005. However, years later she found herself struggling with an incurable illness and during her darkest days, she explained that she received a handwritten letter from Trump telling her she's the bravest woman, I know. She said the opportunities that she got from Trump and his organizations ultimately provided her Mexican-American son with a full-ride to college. • Lynne Patton, a black female executive for the Trump Organization, released a statement in 2016 defending her boss against accusations that he's a racist and a bigot. She tearfully revealed how she's struggled with substance abuse and addiction for years. Instead of kicking her to the curb, she said the Trump Organization and his entire family loyally stood by her through immensely difficult times. Donald Trump's kindness knows no bounds and his generosity has touched and continues to touch the lives of people from every sex, race, and religion. When Trump sees someone in need, he wants to help. Two decades ago, Oprah Winfrey asked Trump in a TV interview if he would run for president. He said: If it got so bad, I would never want to rule it out totally because I really am tired of seeing what's happening with this country. That day has come. Trump sees that America is in need and he wants to help. How unthinkable! On the other hand, have you ever heard of Hillarious Clinton or Barack Obama ever doing such things with their own resources? Now that's really unthinkable! Liz Crokin is an award-winning author, a seasoned journalist and an advocate for sex crime victims. Liz began her journey at the University of Iowa where she received a bachelor's in journalism and political science.
  10. 23 points
    And BOOM - Here It Is ! Somebody Light A Celebratory ‘Spliff’ And Wake Up The Hammock Boy ... LINK After Coming Under Heavy Criticism ... The Central Bank Stops The Currency Auction 4th June, 2020 An informed source confirmed that the Central Bank of Iraq management has finally decided to stop the auction of foreign currencies after the Iraqi economy was subjected to severe setbacks due to the Corona pandemic and the drop in oil prices to record levels, and the Central Bank followed a failed monetary policy. The source, who spoke on condition of anonymity, said to Al-Mustaqila that the central bank governor has been subjected to great pressure in the past few days by many political blocs, the media and economists because of his unjustified insistence to proceed with the foreign currency auction window despite all the losses and risks incurred by the economy Iraqi. The data published on the website of the Central Bank indicates that the last date for which a currency auction was held was on Thursday, 21/5/2020, when more than $ 180 million was purchased with the participation of more than 30 banks at the auction. Below is the link for the results of the foreign currency sale window https://cbi.iq/currency_auction/all
  11. 23 points
    Why Trump is turning base’s over to Iraq? I believe is because Iraq is about to become a sovereign nation. A sovereign nation with an international recognized IQD. Go Iraq Go sovereignty Go RV
  12. 22 points
    CNN. Broadcasting While Taking Bids To Sell Off The Auctions ! So Far The Highest Bid Is From Davis Offering A Camel Thong - That He’s Willing To Model ! Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction Policy 05/30/2020 15:18 28 Editor: gf Baghdad today - Baghdad Member of the Parliamentary Finance Committee, Hanin Qaddo, confirmed on Saturday (30 May 2020) that Prime Minister Mustafa Al-Kazemi owns the powers to cancel the foreign currency auction at the Central Bank . Qaddo said in an interview with (Baghdad Today), that "the Prime Minister, has the powers to cancel or stop the auction of foreign currencies in the central bank." He added, "This matter provided that it is attached to a study or documents proving the existence of money laundering operations, or corruption operations occurring during the sale operations," stressing "the need for the government and the central bank to control the exchange rate of the dollar against the Iraqi dinar in Iraqi markets." Often, deputies from different blocs and components talk about the existence of major corruption operations that take place at the auction of currency sales by banks and personalities accused of money laundering operations . A member of the mini-parliamentary committee concerned with following up the implementation of the budget, Abdul Hadi Al-Saadawi, spoke Monday (July 08, 2019) about the exit of the currency auction from the control of the central bank, while the latter sold $ 150-200 million on a daily basis . Al-Saadawi said in a press statement, that "there are problems and irregularities recorded on the sale of the currency by the central bank, as well as the currency exchange rate, which is often mobile and unstable in most cases," noting that "any candidate for the position of the governor has to sit with the parliamentary finance to discuss These two things . " LINK
  13. 21 points
    yeahhhh baby!!! its coming :)
  14. 21 points
    My two cents America does not need Iraqi oil to run it's economy. They are staying in the ME for their own strategic interests, protecting our friends and allies like Israel and SA and keeping up, the value of the American dollar. The stark basic political and economic reality: The Chinese desperately need ME oil, or they have no economy. It will be America that decides who gets the oil, not the Chinese. America needs to retain global leadership and that means controlling access to oil in Iraq. That means China does not get access to oil if America does not want them to have it. Trump has no intention of letting China run the world. There is a big conference in June regarding the shape of the ME. Trump likes to "shake up the box" and re-arrange all the pieces. That's his style, for solving problems. He is clever and knows that things don't usually change unless there is a crisis, unless there is a set of conditions that get everyone to re-think their basic assumptions. We are in such a global period, due to Covid-19. It brought in plunging oil prices, it has Iran backed into a corner. Rats are dangerous when cornered, but this will be just fine. Lately Iraq has been begging Iran's enemies, like SA, for money. This is because Iran is so weak they cannot lend money to their friend and lackey Iraq. This is all a sign that low oil prices and Trump's policy of hurting the Iranian economy are working brilliantly. This is essential to our victory. Be patient people, the news is all good from our perspective, since the terrible China virus started stalking the world. Desperation and politics makes strange bedfellows. World political alliances are shifting, a new Cold War with China is emerging, everything is changing. We who invested in the Iraqi Dinar are in the strongest position we have ever been, by far. The box is being shaken up, things are changing. Stay strong, America. The world needs you, more than ever! I have my gaps in knowledge about what is going on in the ME, I don't know everything, many here know a lot more than I do, but as a long term watcher of the situation, I am more excited, more happy about how things are going in this investment, the general trend of events, than I have been since I bought my Dinar, over ten years ago. ...Things really are, going our way. The news is great for us, lately. My prediction: This is going to turn out, just fine, for us. Just fine. One caveat to my prediction: If Joe Biden gets in, we're all screwed. Or if Biden is replaced and the Democrats win, all bets are off. The success of this investment depends on Trump being re-elected. Period. If Americans are so foolish as to let the Democrats win, it's likely that America's days as the global super-power will end very, very quickly and America will begin down the road to becoming a province of China, controlled by the Chinese Communist government. My granddad was right. Life really IS, a rodeo...Buckle up cowboys and cowgirls.... Enjoy your great country, take a drive this summer Or if you prefer, head North, visit my back yard. At the bottom of the snow, high up in the mountain on the right, there is a nice Swiss style tea house, where you can hike to, get a bowl of home made soup and a sandwich....
  15. 20 points
    Happy Wednesday everyone! I hate pushing these weekly updates back even an hour longer than necessary, but I'm slammed with obligations today.... which is unfortunate because I have a half written update that I'm enjoying writing! Feel free to take advantage of the "Reply" button below and post any questions you have, and I will continue later tonight or tomorrow morning. GOOOOO RRRRVVVVV!!!!! ======= ***Update: Weekly chat ended up on the second page HERE.
  16. 20 points
    There is supposed to be a big conference, on the future of Iraq, in June. The fact that America is pulling out of some bases tells me an agreement has been reached already. An Agreement on what? The thing about these big conferences is all the work is usually done before hand, behind the scenes. Often the actual conference, the signing of things, is just for show. One of the things I wonder about, is the future of the American military presence in Kurdistan. The Kurds are quite unusual, among the Muslim world. Kurds actually LIKE Americans. They would welcome an American base, if they had their way. That's something the late writer Christopher Hitchens used to talk about. Could it be that an American base will be left there? We'll find out. The Kurds would like that outcome, the Iranians would hate that, the Iraqi Shiites would oppose that. Retreating all American forces to Kuwait is another option. It's only a couple of hours drive by tank, to re-invade, if need be. Will Iraq pay for the American bases? Was Trump right? Will a financial deal be worked out, where China gets to help Iraq develop, gets Iraq oil, but the Iraqi Dinar is supported by Chinese money, so Iraq gets rich and America gets to cash in it's Iraqi Dinar at some point....to pay for the war and pay for the bases? That's the deal I would like to see....I'm sure President Trump would like to see, but I have no clue what's going on, behind the scene. We'll see what happens... Go RV Go final agreements Go Prosperity for Iraq My suspicion is, for better or worse, the deal leading to the RV has already happened. That's why we are seeing American military bases being turned over. I could be wrong, it's just my guess... Go Soon
  17. 20 points
  18. 20 points
    Good Evening DV, here are a few more opinions & comments from other members of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what seems to be happening in Iraq. RON **** Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now, per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution... **** Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp... **** Frank26 & Walkingstick They're getting ready to go international with their currency...!
  19. 19 points
    I’ll take 4.5 ministers and an HCL for a quarter, Alex! I think you’re a little off there - Trump has a way of getting under people’s skin with his mouth. He says things he shouldn’t, speaks in ways that are unbecoming to a President, and lacks humility and grace in 99% of the things he says. But I think it’s a mistake to think that he CANT keep something quiet. His mouth is a weapon that he uses masterfully, and when he’s offending your sensibilities on one topic or another, it may just be that he’s avoiding talking about something else, and all the people calling him an idiot for “how” he speaks are kept busy that way while his other plans and goals move forward. Just my Good stuff Pitcher. I wholeheartedly agree on the China deal - uniting Hong Kong with mainland China is a bad long term move on their part.
  20. 19 points
    Good Evening DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON ***** Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable... Have a great Memorial Day weekend everyone ... Be Safe & Be Blessed ... RON
  21. 19 points
    Is it me or does it seem like everyone in the ME is becoming more conciliatory the last few weeks. I’m reading a lot of articles that sure seem like something big is lining up. Could it be?? Is it almost time? I don’t know, I’m no Guru. I read a lot though and I have to say what I’m reading is very encouraging.
  22. 19 points
    Good Afternoon DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON *** Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction... The 24th would be nice, but who knows - It's been 17 years and we're dealing with Iraq..!
  23. 18 points
    Amazing post Carrello 👍🏼😊 We all know what stopping the auctions means.... Moving from a closed economy to an open market economy with and international recognized currency. Go dinar Go RV Go market value Go purchasing power
  24. 18 points
    Great initial post KristiD!!! Also great post and question Pitcher.. I have always hoped for a 1:1 rate but have been grounded at 10 cents. Both of my Iraqi friends (the Kurd and the Shia) both laughed when I told them the dinar would appreciate in value so they were no help.. but more than 10 years ago now my brother who is a banker had his quarterly meeting with the banks owner and my brother asked him, “I hear you own Iraqi Dinar”? The owner replied “Yes, about 20 Mil”. My brother asked “do you really think it will go up in value?“ his response was “According to my Congressman friend it will”.. My brother then asked, “what will the value increase to”? His response was “I don’t know, .10 cents”??? My brother then went out and bought some Dinar off of eBay after the meeting.. to me, it sounded like the bank owner didn’t really know what the value may RV to, but his guess of .10 has always been my bottom line since then.. If .10 was his wild guess or a possible rate he hard from his friend the Congressman, I guess we will never know till it happens but I’m hoping for a buck..
  25. 18 points
    There is a lot of WTF and I believe it is in the translation. Al-Kazemi will go to print a new local currency – To me the new Local Currency would be the small notes as it would serve the local population to do business. Why trade in a 10 dinar internationally. "after the application of this procedure, we expect a decrease in the Iraqi dinar exchange rate against the dollar," – Could this be that when translated by a native Iraqi as “we expect the dollar to decrease against the dinar”. How many times have these auto translators screwed translations up? Therefore "this will have a positive impact on activating the industry in Iraq and not resorting to global or regional markets that provide goods to Iraq at low prices because of the high exchange rate The dinar compared to the price of currencies in Turkey, Iran and others. " - We will be on par with our neighbors such as Kuwait.
  26. 18 points
    CNN. Broadcasting A Guy With All The Credibility Of Their Currency They Just Devalued ! LINK Rouhani: Trump "made a stupid mistake" 6th May, 2020 Iranian President Hassan Rouhani considered today, Wednesday, that US President Donald Trump made a stupid mistake by withdrawing from the nuclear agreement between Tehran and world powers, calling on Washington to lift the sanctions "Trump made a stupid mistake by withdrawing from the nuclear deal," Rouhani said "If America wants to return to the agreement, it must lift all sanctions against Tehran and compensate it for the resumption of sanctions ... Iran's response will be overwhelming if the arms embargo imposed on it is extended," he added Trump withdrew from the agreement in 2018, citing that it did not include enough to limit Iran's missile program and influence in the Middle East
  27. 18 points
    These guys just flew over my house. Makes me feel kinda good about the good ole USA, USA, USA, USA, USA, USA, USA, USA, USA. BLUE ANGELS!!!!!
  28. 17 points
    Good Afternoon Dinar Vets, here's opinions & comments from Delta & Breitling that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this... *** Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
  29. 17 points
    They caught the Blue Balloon Guy Looting. His arms were up but he still got whacked. 😂 😆
  30. 17 points
    Thanks for your Input. If you want to discuss Trump we have a Politics Forum. You can express your thoughts over there. BTW, I could give a rats a** what your opinion is about our President.
  31. 17 points
    "The NEW exchange rate must be realistic, calculated with precision so that the effect is less harmful and costly to the people" Just a confirmation that 1. The current exchange rate ( which is a program rate) is not realistic and was not calculated with precision ~ meaning it was not at equilibrium with the real open economic indicator. 2. They are working on a new exchange rate.
  32. 17 points
    If you believe this year is a wild one, you ain't seen nothing yet. I know from a very well informed source that by Dec. 31st we will see two Unbelievable and Amazing things. 1. This collapsed economy and the record unemployment will vanish as fast as it came about. Most likely before November. 2. By December 31st not one single person on this board will believe, or even understand, how the world has changed so drastically. So if you're an investor in Dinar let me STRONGLY suggest you consider two things........ 1. Get as deep into VIP as is humanly possible. 2. Seriously consider diversity into Gold Silver and other emerging currencies like VND, and cryptocurrency. What's coming WILL have wonderful and positive effects on several commodities.
  33. 17 points
    I found it interesting in the Trumpster’s press conference yesterday he mentioned that “the Kurd’s will “get paid” for oil soon”....I about came out my chair.
  34. 17 points
    https://www.shafaaq.com/en/kurdistan/we-are-ready-to-settle-with-kadhimi-s-government-barzani/ We are ready to settle with Kadhimi’s government: Barzani Kurdistan Kadhimi’s government Barzani KRG Baghdad 2020/05/22 12:57:29 Shafaq News / PM of Kurdistan Regional Government (KRG), Masrour Barzani said on Friday that his government had taken serious steps in discussions with Baghdad to resolve years of outstanding disputes, expressing his government's willingness to resolve it with the new Iraqi government headed by Mustafa Al-Kadhimi. This came in a televised speech on the economic crisis afflicting the region. “Kurdistan Region has taken serious steps in relations with the federal government since the 9th ministerial formation formally assumed its mission in July 2019 (Adel Abdul Mahdi government,” Barzani said. "Our first visits were to Baghdad– in which we expressed our readiness to resolve all disputes based on the constitution and put forward several proposals to end the outstanding issues, especially the oil issue- but unfortunately, the situation in Baghdad aggravated last October and the Iraqi government resigned after pressure of the protests." "Now the new Iraqi government, headed by Mr. Mustafa Al-Kadhmi, has started its duties, we have renewed our readiness to resolve all differences and to guarantee the constitutional rights of Kurdistan Region as a federal entity." “Our latest effort was to send three delegations to Baghdad, and we will continue our talks until reaching a fair and constitutional solution,” Barzani added.
  35. 16 points
    Those Were So 5 Minutes Ago - Now We’ve Got The Murder Riots !
  36. 16 points
    I decided to limit my Media as well. Too much acrimony for me. I’m keeping my head down and working harder to make a better life for me and my family. Saying lots of prayers.
  37. 16 points
    Good Afternoon Dinar Vets, here's opinions & comments from Delta & Petra that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No. *** Petra ...Fantastic news. Its coming together in a culmination of education. The fact that they're under curfew and then what do they [Iraqi citizens] do? They sit and watch TV. What else are they gonna do? And they hear a presentation like that informing them on what's coming [Reference Delta's Post above]. It's all part of the process. It's all part of the fact that they're kind of forcing education on them. I still think they need some time to ask questions and to go in and do their exchanging if they wanted with the new smaller category notes when those come out. I think all this information is great... Sounds good to me ... let's hope they do it quickly and soon..! RON
  38. 16 points
    Thanks jaybake and Fury for your assessment of these guys ..... this is exactly why they are posted here in OPINIONS; because Opinions are like a$$holes - everybody has one...! And that's my opinion...LOL..! Have a great day and weekend...RON
  39. 15 points
    Good Friday Morning Dinar Vets, here's another opinion & comment from MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...
  40. 15 points
    That’s easy. We have 3 major network news media outlets. Thugs News Today, TNT. Mary Broadcast Company, MBC Yota Eyewitnesses Story, YES 😀😀
  41. 15 points
    6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it. Time to refresh Kap's memory: 😅🤭 Press Release: IMF Executive Board Approves US$3.6 Billion Stand-By Arrangement for Iraq February 24, 2010 Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding According to Shabibi: II. DEFINITIONS 3. For purposes of monitoring under the program, a program exchange rate will be used. This program exchange rate will be set at ID 1,170 per U.S. dollar. The program exchange rate will be used to convert into Iraqi dinars the U.S. dollar value of all CBI foreign assets and liabilities denominated in U.S. dollars, as required. For CBI assets and liabilities denominated in SDRs and in foreign currencies other than the U.S. dollar, they will be converted in U.S. dollars at their respective SDR-exchange rates prevailing as of December 31, 2009, as published on the IMF’s website. // 3 times Shab said program exchange rate. 😎
  42. 15 points
    Thief Has Beaten More 5-10 Year Sentences Than Prince Has Hit Records ! CNN. Broadcasting While Invoking The Strategic Agreement ! LINK Legal expert: Iraq has the right to recover smuggled money outside the country 1st June, 2020 Legal expert, Ali Al-Tamimi, confirmed today, Monday, that Iraq has the right to recover smuggled money outside the country Al-Tamimi said in a statement received by "Gilgamesh Press", that the "International Anti-Corruption Agreement of 2005 signed by Iraq 2007 allows Iraq to request the United Nations to recover the smuggled money as money laundering and corruption is financial He added that "according to Article 50 of the Charter of the United Nations, states that fight terrorist organizations under Chapter Seven of the Charter of the United Nations may request economic assistance from the United Nations, and it is known that ISIS was placed under Chapter VII under UN Security Council Resolution 2170 of 2014 He continued, "Various countries have announced their willingness to provide economic assistance to Iraq, including Britain, so Iraq can request assistance from the international community, the United Nations, to rebuild liberated cities, face the consequences of the war against terrorism, according to the foregoing, and recover the smuggled money estimated at $ 500 billion He noted that "according to Article 27 of the 2008 Iraqi-American Strategic Agreement, Iraq can request economic assistance from America, as this article required He pointed out that "the current situation and the lack of health facilities to face the Corona pandemic and the decline in oil prices, Iraq had to move in this direction
  43. 15 points
    In spite of all this speculation by Pimpy and others, I don't think the USA can force another nation, like Iraq, to change the value of their currency, regardless of the influence we might have as a result of the Iraq war and our helping them to rebuild their economy. I believe President Trump can encourage them and exert some pressure - but i don't believe he can pull any trigger. We know that the FOIP (Future of Iraq Project - the Bush-Cheney Plan) indicated that as part of the plan to rebuild Iraq (it's economy & infrastructure), the desire was to ultimately restore the dinar back to the pre-Saddam rate of $3.33 (the Golden Dinar). However, no timeframe was given. Also, all the Paris Club Nations (Coalition countries) hold the IQD as part of the agreement. Also, if you recall, Iraq has stated on numerous occasions that they intend to become a Donor Nation. They hold the largest Natural Gas Reserves in the world and have one of the largest Oli Reserves in the world (with only a portion of the country evaluated). Incredible mineral and gold resources as well. The Tigris & Euphrates rivers have great agricultural possibilities, and Tourism is a major economic opportunity (especially for historical reasons Arabic nations). Much more could be said. This is just My Opinion ... and we all know what they say about opinions ... LOL..! RON
  44. 15 points
    Holy Cow! I'm afraid to say this, but there are an awful lot of things pointing to RV. Yes, @ladyGrace'sDaddy I do remember President Trump saying if Iraq wanted their bases back they would have to pay for them. Per Google: How many US military bases are in Iraq? Iraq. There are approximately 5,500 U.S. Special Operations Forces in Iraq, spread across 7 different facilities, and another 5 bases in Iraqi Kurdistan, being used as training bases for Iraqi and Kurdish forces as well as launching operations against targets in Syria.
  45. 15 points
    @Karsten I'm not all that smart when it comes to Iraq, but it seems like MAYBE they are finally getting ready to go international. I'm afraid to be too positive about it after all the disappointments. It looks like they are putting a lot of rules in place to make things work within the law. Also, I liked this a lot: 10. Combating the phenomenon of phantom banks, which plays a hidden role in the money laundering process by strictly licensing the opening of banks and banks, and on terms that reflect their seriousness and the legitimacy of their activities, and this includes even regional and international banks to be opened in the country, including regulations and regulations, and revoking the license of any bank that proves to be involved in the crime.
  46. 15 points
    I Drink - Therefore I Am ! Hey - Is That Our Famous Pink Piggy Cisole ?
  47. 15 points
    Good Afternoon DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th... Let's all hope Jeff is right in his assessment ... RON
  48. 14 points
    One thing that these last couple of weeks or months in America has revealed are that we are full of social, political, and with the riots brainless idiots in this country. I never thought I would see the day when Iraq is more peaceful than America. There have been multiple black people killed in these riots to protest the killing of a black man. How brilliant! I wonder why the racist white man never thought of that. Thank God the Dinar is not affected by this lunacy. Lord knows it's a minefield of stupidity and greed in Iraq to get the RV. We don't need to throw up a few more roadblocks from the Jerry Springer audience who are running rampant now in our cities. God help us! I believe there will be a spike in Covid19 and these anarchists living in their mommy and daddy's basements will be the reason and maybe even add to the statistics.
  49. 14 points
    My husband and I had this very same conversation today. 10¢ would be a start, we’d probably only cash in some and wait to see what happens. On a side note, I got pooped on by a bird yesterday. Some myths and cultures believe this to be a sign of coming wealth and good fortune. So I’m willing to take the hit for the cause here! Come on Iraq, bring it! 😁 💩=💰 👍🏻
  50. 14 points
    KRG DELEGATION TO VISIT BAGHDAD THIS WEEK: KRG OFFICIAL Flags of Iraq and the Kurdistan Region (File) 49 minutes ago http://nrttv.com/En/News.aspx?id=21534&MapID=1#.Xs5x0sJJOqA.twitter SULAIMANI — The General Director of the Kurdistan Regional Government’s (KRG) Foreign Relations Department in Baghdad said on Wednesday (May 27) that a KRG negotiating delegation will soon visit the Iraqi capital for discussions about ongoing disputes over the budget, oil revenues, and other long-standing issues. “Both the [KRG] and [the federal] government have expressed their desire to solve the problems between them,” General Director Bakhtiar Haji told the Kurdistan Democratic Party’s (KDP) official media outlet. Haji is also a member of the negotiating delegation. “Not only will the budget and salaries be discussed, but the total problems between the Region and Baghdad will be discussed as well, in order to solve them and reach an agreement,” he said. Both the federal government and the KRG are facing large budget shortfalls due to the collapse of oil prices in recent months, but a decision by Baghdad to cut off all budget transfers to Erbil in April exacerbated problems in Erbil and forced it to the negation table. Although the two sides met several times before the Eid al-Fitr holiday, they were unable to reach the comprehensive and binding agreement sought by the federal government. However, both Erbil and Baghdad have sent conciliatory signals indicating their willingness to make a deal. “The [federal] government has showed readiness to send the 400 billion Iraq dinars ($335 million) to the Kurdistan Region after Eid,” Haji said, referencing a move by Baghdad to release some funding to Erbil if it agreed to certain parameters for the talks. (NRT Digital Media)


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