GameChanger

Read a thread that spoke of Iraq bank accounts opened/accessible by Iraqi's at there home which sounds digital. In the event Iraq switches to digital currency... how would that play out with our paper IQD and a potential exchange with or without an RV?

Smoke and mirrors??? https://news.yahoo.com/iraqis-panic-leaked-budget-draft-192247520.html

Uh... 95% of US deaths are age 50+. Of those, appx. 80% (total) are over age 65 (source... CDC website... FACT). JB was against the China travel ban (called it xenophobic) of which, by all accounts dramatically helped limit the spread. FACT. Masks (if they are going to help at all) MAY limit the transmission of asymptomatic or symptomatic, however a mask is not necessary if you are COVID-19 negative (which DJT gets tested more than any human on the planet). He has worn one and has said "masks are a good thing". I am going to go out on a limb and suggest that many people may not like the man's delivery or crass approach but DO want the policies he is promoting and accomplishing. The alternative has shown in the past, present, and will show (if adopted) in the future that it brings confusion, chaos, and poverty for the majority while further cementing the rich power hungry elite JMHO.

Not sure how to ask or if this is the right place. Here it goes... if I had a few extra bucks that I wouldn't need for a year or two... how could I invest it in OIL? I'm ignorant of the whole thing but I like buy low and sell high. Maybe see the answer in VIP? Thanks

May I enquire how you are getting 9%. Always looking for a good place to park some dough. thanks

Well fancy that... guess I've had toooooo many beers today. I stand well corrected. 840 million USD it is. Actually, I never knew there was such a number when I was in school. Funny how a few zero's changes things. GGGGGOOOOOOOOOO RV!

.00084 (rate of USD to IQD) x 1,000,000,000 IQD= 840,000 https://www.xe.com/currencyconverter/convert/?Amount=1%2C000%2C000%2C000&From=IQD&To=USD Unless things are super cheap in Iraq... 840k is nothing for small business.

Could be British pounds to dinar which is even more than USD. I suppose it could be a large number of other currencies but the numbers, I suspect are, not far off. Still hoping someone can apply some hard facts for the 1:1 usd argument. Thanks

I can appreciate the digital banking but the discrepancy in trillions concerns me.

I suppose we should also consider what their build up reserve is and has been since 2002. Anyone know that number?

So, doing a bit of investigating (not sure if numbers are accurate because I got'm from the internet). If there are 45 Trillion IQD in circulation and Iraq only holds 5 Trillion in country then why would they RV at 1:1? They would have a lot of value to cover. Iraq is currently at max output capacity of 5 million barrels a day production. 5 million x 365 days a year = 1,569,500,000 barrels per year. If oil reaches $60 a barrel then their revenue is $94,170,000,000/year. If you value their currency for a 20 year production which generates 1,883,400,000,000 (this is almost 1.9 trillion). A far cry from 40 Trillion. And I understand there could be many variables over the 20 years but I'm just say'n its a bit off to me. I think the math is right but not sure if the numbers are right but they seem reasonable. Please help me understand what I'm missing. Thanks

Thanks Starr. Just purchased from another source. Best Wishes

Looking for 1M. Son wants to get into the IQD saga. PM if you have some available. Thx

Just wondering. The Venezuelan Bolivar is 1USD:248521BOL. They have more oil than Saudi Arabia. Once they get there government squared away in the next few years (10+?) would their currency go up??? Should we consider buying a bit of Bolivar with minimal purchase amount? ie. 100 US to buy 248,521,000 Bolivar

So, the reason I started this thread was to see how passion and opinion can overshadow "facts". I will therefore state my opinion as if it has any value. First, I have experienced and spoke with quite a few vets from WWII, Vietnam, Iraq, Afg, etc., where they have shared some dark places in their hearts as well as other thoughts. The common thread is, even if they enlisted/were drafted for their country, in the end they fought to protect the brothers (and/or sisters) to the right and left of them all along carrying out the policy of the government. Although "Country" was important and they are passionate about their country... they are MORE passionate of their comrades. Under NO CIRCUMSTANCE would they not defend their brothers/sisters and yes... to the death. Extremely honorable and respectful. That passion/intensity runs deep... regardless of time spent in service. The players in our government have a way to tap that passion. The conservatives along with the FAR RIGHT and the liberals to include "Snowflakes" also have extreme passion... albeit from very different places in which they will go to great lengths to protect their comrades, event to the point of looking the other way for their perceived greater good. We have a government which polarizes us to perpetuate our perceived need for them. The government utilizes the media and weaponizes it. We count on them to be defenders of our core beliefs (the Constitution and or religious). One of the problems seems that we have different views on how our liberties/beliefs apply and to who they apply to. I guess the core question is why are we so divided when the constitution is concrete and religion has been solidified over the ages. They said, she did, he did, oh know he didn't, oh know they didn't... We are all grabbing at some resemblance of the TRUTH but it seems frequently fractured, inflated, deflated, distorted, and quite honestly more about opinion. The media has tapped into our passion and is trying to direct us to SOME AGENDA. Facts matter and opinions can create passionate blindness. Maybe, for the sake of sanity on this thread, we can move forward by sharing SOURCES of facts. I KNOW people get opinions from many pundits and extreme view websites. If we can not get a consensus of what sites/sources are factual then we will NEVER begin to come together. If, during a discussion, both sides come in with their thoughts/facts that are 100% right without the remote possibility they may not be all that accurate... then there is NO chance of middle ground or resolution. So, if you are going to spout off some "facts" you better have a viable source. Just because everyone agrees with your opinion doesn't necessarily make it fact. ie. "Hands up don't shoot." Remember? Started one way and ended up another (after a full investigation). So... I'll end with this... What Are the FACTS of why the left doesn't like Trump... NO OPINIONS