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Wiljor
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Posts posted by Wiljor
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5 hours ago, rvmydinar said:
There are 3 possibilities :
1.) Dollar will be replaced by Yuan in the long run. That means Yuan will become an internationally recognized currency someday. As a result , China will float and RV the Yuan as China only use Yuan for international trade with other countries or vice-versa.
2.) It will take a long time for Iraq Dinar to become an internationally recognized currency if Iraq never use Iraq dinar for international trade or vice-versa.
3.) Iraq dinar will peg to Yuan after Yuan become internationally recognized currency one day.
I really don’t think that the Yuan will be a player in this or anything related. Their economy is falsely propped up by what’s called “Ghost cities” and China is in big trouble right now and have been for a while as their real estate market has simmered down. Do you remember Evergrande? well, that’s only the tip of the iceberg, all throughout China are many scenarios like this and if that comes tumbling down, it could take the world with it.
Look up Chinas “Ghost cities” on YouTube, scary stuff indeed-
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1 hour ago, NEPatriotsFan1 said:
They’re telling us this is for dollars but it may do Dinar too? If they know it’s going to be worth more they maybe trying to stop Dinar smuggling as well, but as main stream reporting does not tell us the whole story…. Just a thought
I’m good with that thought 😎
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Ya, we were on vacation and I decided to log on the DV site and nothing. I think it was a couple weeks trying, thought Adam was updating the site. I even sent a message to Juli 😇 asking what’s up.
Good to be back and hope you all are well.
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35 minutes ago, Carrello said:
Wiljor, the information was published in the NYT this morning too from a reporter in Baghdad.
Ok thanks Carrello, I’m at the office and can’t rely to much on “phone news” 🤣🤣 I scrolled through quickly on the DV site and didn’t see any posts on the subject so I fired it out fast.
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Just saw this pop up on my cel DV, Not sure how reliable BBC is?
Buildings stormed after Moqtada al-Sadr, Iraqi political leader, retires
By Raffi Berg
BBC NewsMedia caption, Watch: Moqtada al-Sadr supporters storm Iraq's presidential palace after he retires
One of Iraq's most powerful figures, who has been at the centre of a long crisis over forming a government, says he is retiring from political life.
Moqtada al-Sadr, a firebrand Shia cleric with millions of followers, announced his decision on Twitter.
Several people were reported killed in clashes after his supporters stormed the presidential palace.
Hundreds have been camped outside parliament for weeks after previously storming it in protest at the deadlock.
Mr Sadr's announcement comes two days after he called for all parties and figures involved in political life following the 2003 US-led invasion of Iraq to quit.
His political alliance won the most seats in last October's general election, but his MPs later resigned amid deadlock with a rival Shia bloc over the appointment of a new prime minister.
IMAGE SOURCE,REUTERS
Image caption, Moqtada al-Sadr's supporters recently twice stormed parliamentMr Sadr said in a statement: "I had decided not to interfere in political affairs, but I now announce my final retirement and the closure of all [Sadrist] institutions." Some religious sites linked to his movement will remain open.
Iraq's state news agency INA later reported that Mr Sadr also announced a hunger strike until the violence and use of weapons stopped.
Mr Sadr, 48, has been a dominant figure in Iraqi public and political life for the past two decades. His Mehdi Army emerged as one of the most powerful militias which fought US and allied Iraqi government forces in the aftermath of the invasion which toppled former ruler Saddam Hussein.
He later rebranded it as the Peace Brigades, and it remains one of the biggest militias which now form part of the Iraqi armed forces.
Although the Mehdi Army had links to Iran, Mr Sadr had latterly distanced himself from Iraq's Shia neighbour and repositioned himself as a nationalist wanting to end US and Iranian influence over Iraq's internal affairs.
The rival Shia political bloc, the Coordination Framework, with which Mr Sadr's bloc has been at loggerheads, mainly includes Iran-backed parties.
Mr Sadr, one of Iraq's most recognisable figures with his black turban, dark eyes and heavy set build, had championed ordinary Iraqis hit by high unemployment, continual power cuts and corruption.
He is one of a few figures who could quickly mobilise hundreds of thousands of supporters onto the streets, and draw them down again. Hundreds have been camped outside parliament since storming it twice in July and August in protest at the deadlock.
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- Popular Post
- Popular Post
I remember just over 8 years ago when I was presented with this opportunity to invest in a foreign currency that could be revalued at any moment, the IQD. I remember accumulating as much as I could afford and learning as much as I can with the hopes of one day reaping the rewards of said investment.
Well I’m still here, and will be till something happens, be it good or great. Also at the same time, we have talked, chatted, discussed, criticized, pondered, hallucinated and have been downright discouraged of the whole deal.
Some of you have been here even way longer then I have and wow, I commend you for that, persistence over resistance at its finest. Yota and the regular News hounds keep pumping out the latest on a daily basis, I/we are eternally grateful.Everyone is carrying on with their lives, some have packed it in and sold their IQD and moved on, others here on standby and some engaging daily here on the site.
Point being, we have talked/discussed this subject to the point where all of us have a fairly decent understanding of how Iraq works, and it’s just a waiting game from here on end.
Adam IS still around, and I’m sure checks in here every once in a while. Dinar Vets runs like a fine tuned machine and does not need constant interaction from Adam, he has made this site self sufficient and those of us who wish to interact daily may do so, but I’m sure Adam has many other things on the go.
Me for one, have also moved on with other projects and come by this site every once in a while to see what’s going on, I mean gees, after all this time I feel like you all are my neighbors
and friends. This IQD investment will move one way or the other.
So with that being said, I just want to thank Adam for keeping things real and I’m sure if something significant changes with the IQD he will be the first one to let us know.
To Yota and all the amazing folks who continue to bring us the latest news, thank you so much for your contributions, your dedication to this site is outstanding
In the mean time, we wait…
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31 minutes ago, yota691 said:
First: The government can only be completed with the participation of the corrupt, subordinationists, and sectarians.
Nuff said
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“the report concluded by saying that "for the United States, there are no good results: the political chaos in Baghdad is as bad as the existence of a proxy government for Iran."
We are close 🤣
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5 hours ago, Laid Back said:
Sooner than later Iraq GDP will be reflected in their currency.
Go Iraq 🇮🇶
Go reforms
Go growth
Go GDP
Go stronger dinar 1+
Tomorrow RV brother ? 😀
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Thanks Ron,
Gees, 300 days in compliance?? Something’s gotta give here
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5 hours ago, Laid Back said:
One day left until RV.
Save me a spot in line at the bank please Laid Back, I’m on my way brother 😊
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Thanks Adam, keeping the faith 🙏
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Good morning Yota, the exchange rate chatter continues…
“He added that taking a new decision to reduce the exchange rate comes only by ensuring financial abundance and improving the economic situation”
I hear you and I concur
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32 minutes ago, Fimum said:
I don't agree often with many of the gurus, but the two pimpy posts are spot on. If you or I had more than 20% of our take home siphoned off, it would hurt. The point being if more than simply giving back that 20%, the CBI were to increase the value of every Iraqi's paycheck by 50 or even 100% it would spur economic growth tremendously. At first your average citizen would see the vast array of imported goods they can now afford, which would drive domestic production; given the business climate is appropriate.
I agree, giving Iraqi's more spending power will not only spur growth but will NOW attract investment. A worthless Dinar makes it difficult to purchase goods and services and will not drive the economy onward and upward. (which has been proven time in time out)
Iraq needs to start now and engage the international community and open the doors to whom ever wishes to enter, not just the BIG corporations, and, begin to enjoy an economy not based soley on oil.
Creating jobs in other sectors and industry will diversify their economy and bring in other soarces of income, for example, tourism is slooowly making it's way back as there are many YouTube videos pertaining to this.
Let's see how this unfolds but one thing is for sure, "rate change" news in pretty much on the daily docket these days.
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"All independent and non-independent deputies are determined to organize the process of exchanging the dollar against the dinar,"
Determind= urgency
The "exchange rate" chatter continues.....
It's getting interesting DV
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Great articles 6ly, keep em coming
"He pointed out that "the continuous popular pressure may result in an adjustment of the dollar exchange rate to its previous era, despite the reservations of Finance Minister Ali Allawi to reduce the exchange rate."
Pressure, translates into urgency as the "rate change" chatter continues 🧐
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More exchange rate talk, something is cooking
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Good morning Yota, a fine day out to you sir 🙏
As we know, there will be no way of a informed RV/RI, we are going to wake up one day and this will have changed. The media on this matter is meant to keep the people guessing and the speculators confused.
This topic has been debated for many years now and we are still waiting, but, that does not mean that it won't happen. The facts are that Iraq has a severly undervalued currency for the riches that it has, and it's only a matter of time that it's rightful value will be reinstated.
IMO, they are on the right track and their has been substantial progress, especially as of late, that coupled with the steps taken to bring Iraq to the worlds stage and become a global competitor, their nieghbors are all on board for this to happen.
I agree @Artitech they are doing a fine job indeed, I also think that they can adjust the rate anytime they wish with no specific date in mind. Timing is everything and the sense of urgency in the past few months seems like this could POTENTIALLY be the year.
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Good afternoon Yota
Al-Sadr refuses to enter into an alliance with al-Maliki to form the next government under any circumstances.
Maliki goodbye
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15 minutes ago, NMP2017 said:
i just tried it and had no problem connecting....
I'm getting an error
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BOOM
The progress continues and seems urgent
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Good morning Ron,
Interesting timing on this issue, could be something could be nothing.
We are PERHAPS seeing a major change of events taking place, and with all the news as of late, who knows, maybe, just maybe we are getting close.
Thanks for your ongoing support for us all here Ron, very much appreciated sir 🙏
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Thanks Yota, very much appreciate all your ongoing efforts here in DV.
As we can see, we have many conflicting articles about the exchange rate.
Keep the people guessing and the speculators confused 😉
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Not a drive by :)
in Rules, Announcements & Introductions
Posted
Glad all is well Adam, we patiently wait 😃