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Theseus

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Everything posted by Theseus

  1. Let me clarify: He didn't mention the year because contextually his conversation included the year he was speaking in. Again reading comprehension. And again, overthinking is sometimes worse than the actual dialogue. If he was talking about any other year, he is a big boy with big boy britches and would have come out and said the exact year he was talking about if it were not the year he was speaking in. I have six words that you need to remember: Over analysis leads to emotional bias. Remove the emotional bias by not over analyzing. Van Tharp said that you trade the market based on your beliefs. Those beliefs rule your emotions and thus rule your investment mindset. Detatch from the emotion of investing by not over analyzing into your beliefs. Right now your belief is that you believe the RV will happen. Your emotion is to HOPE it will RV yesterday. By changing this to the belief the RV will happen and you are sure (notice I did not say hope as hope is a feeling) it will, and not go any further will stop you from over analyzing and getting your emotions in the way of your decisions. It all starts with reading comprehension though. How to read and retain the information then to make an inference of what was said is just as important. Right now your emotion of hoping it will RV yesterday (and we all want that) is interfering with your thought process of inferring what is being said in the context of what is being said. This is not putting words into someone's mouth this is deriving what is actually being said. You inferred he meant some other year when in the same paragraph of the conversation he clearly said "at the beginning of the" meaning he was still talking about the current year he speaking in. He even went so far to say it could revalue tonight, again the current year he was speaking in. More to the point he is defining the current year for September 1 by stating tonight or even at the beginning of the year. Reading comprehension without biased emotion does wonders to where you see this investment as it is a long term buy and hold investment. Please by all that is Holy, don't do long term investments again (aka swing trading). You will lose money or leave money on the table.
  2. He didn't mention the year because contextually his conversation included the year he was speaking in. Again reading comprehension. And again, overthinking is sometimes worse than the actual dialogue. If he was talking about any other year, he is a big boy with big boy britches and would have come out and said the exact year he was talking about if it were not the year he was speaking in.
  3. Man did you just look at the date and say to yourself "See he named a date!"? By saying "realistic" he is saying Iraq could do it if they wanted and it is not out of the realm of possibility. HOWEVER, Iraq won't. He also is talking about this year. He also said they "could have" done it at the beginning of this year. They didn't. Bone up on reading comprehension please, so next time you won't get so triggered..
  4. Eliminate Islam and you eliminate these groups. Let me ask you this: Have we truly eliminated the Nazi ideology as it was set forth in Hitler's Manifesto called Mein Kampf? A book mind you that is number one in the Middle East. HAve we eliminated Communism or Marxism? Have we eliminated Fascism or totalism? Tyranny? No because those ideas march forward into new generations or are rediscovered by new generations. Islam is a theocracy, it controls your life as well as your religion. As long as Islam exists, these groups will exist spouting the same verses and killing those same peoples. Eliminate ISlam, eliminate the groups.
  5. The question to this is not an easy answer as it has to do with Islam. ISIS is not a unique organization as it is an offshoot of Al Qeada. The answer to this is very long and goes into a much deeper depth into a lot of subjects that many may or may not understand. The quick and dirty answer is this, as long as Islam exists, groups like ISIS will never be defeated. Sure new names for the group will appear but they are all the same. These groups are only "radical" in our eyes, they are not radical according to the Islamic mindset. "Islam has been hijacked", "These are radical groups" are both talking points of the West and most Muslims will tell you that no such thing has happened. Then they will talk about what in the past (key phrase here, "in the past") that the peoples of Islam have contributed. This is false because Islam invaded conquered then assimilated the conquered peoples tech as their own.
  6. Why? The current trading Session of the Iraqi Stock exchange is on Sunday, Tuesday and Thursday from 10AM to 12PM (noon) local time for a total open time of 6 hours per week. A week has 168 hours in a seven day period. The Iraqi Stock Exchange is only open for 6 hours per week or 3.5% of the time in any given week. So for 162 hours or 6.75 days every single week the Iraqi Stock Exchange is closed. A 7 day closure is nothing to write home about. The last time the currency rate was changed was on December 20, 2019, on a Friday. The Iraqi Stock Exchange only closed their doors from December 27 through January 1 that year. Think about it.
  7. It was done to 0Bummer. A caricature of a man in the 1920's with a wind up box and a monkey on a leash was used. The left went absolutely off their rockers and decried the caricature racist. The man in the 'toon was white btw. People will be people then there is the left to change all of that. GOP hopeful not sorry for posts depicting Obamas as monkeys By ADAM BEAMSeptember 30, 2016 LEXINGTON, Ky. (AP) — A Kentucky Republican state House candidate is refusing to apologize for several Facebook posts depicting President Obama and the first lady as monkeys, but the state GOP chairman has condemned the posts and issued his own apology for them. ADVERTISEMENT The posts on Dan Johnson’s Facebook page include a picture of a chimpanzee with the caption “Obama’s baby picture” and a photo that had been altered to give Obama and his wife ape-like features. Johnson’s page also displayed a photo of a young Ronald Reagan feeding a monkey with a bottle with the caption: “Rare photos of Ronald Reagan babysitting Barack Obama in early 1962.” His page also included a post calling Islam a “criminal syndicate.” Johnson, who is also the bishop of the Heart of Fire Church in southeast Louisville, says the posts are satire, and said some of them were shared on his page by others. Asked why he did not delete them, he said “some of you may take it as being funny.” He said Facebook deleted some of the posts. “It’s a satire. I’m not trying to be racist. I have political opinions, but I’m not racist,” he said. On Friday, Johnson posted several photos to his Facebook page showing him with various African-Americans, including civil rights leader Jesse Jackson. In an interview with The Associated Press, he said he would not apologize for the earlier posts. “I really don’t think I’ve done anything as someone to be a racist,” he said, adding that he had also posted a picture of former President George W. Bush depicted as a monkey and “no one has said a word about that.” In a news release, Republican Party of Kentucky chairman Mac Brown called Johnson’s posts “outrageous.” “They represent the rankest sort of prejudice present in our society and do not in any way, shape or form represent the views of the Republican Party of Kentucky or the many fine candidates representing us on the ballot this November,” Brown said. “I want to apologize to the members of Kentucky’s African-American community.” Democratic Party chairwoman Sannie Overly has called for Johnson to drop out of the race. Johnson said he would not, adding that he will win the election on Nov. 8. Johnson is challenging incumbent Democrat Linda Belcher in the 49th District, which includes part of Bullitt County. Belcher has held the seat since 2009. The controversy comes as Republicans and Democrats are battling for control of the state House of Representatives, the last legislative chamber in the South still controlled by Democrats. Republicans need to pick up four seats to win a majority in the House for the first time since 1920.
  8. First, my daughter wouldn't have the reputation KamelToe has. I know how to raise my daughters. Second, this is known fact that this is how she worked her way to the top. Third, don't defend the indefensible. Kameltoe did this upon herself. No one else made her lie down with Big Willy. It's all on her. She gets what she sows. Now if this never happened and the reputation is unwarranted then by all means take the stance of a self righteous feminist. Otherwise, call it what it is. You laugh when a porn star runs for president (e.g. Cherie DeVille in 2020) and chide those who say something against KamelToe. I respect the porn star over KamelToe everyday because at least I know where the porn star got her money and her reputation. Lastly, I respect the office of Vice President not the idjit in that office. If anyone was self righteous then her moral terpitude would have precluded her from office. But Demoncraps have low morals anyways.
  9. President Harris prefers to do business from a supine position and will be receiving guests in the Lincoln Bedroom, Of course all transactions must be handled before the reception begins.
  10. Did the word on the street refer to this? Al-Kazemi will visit Biden soon 3 days ago FacebookTwitterLinkedInShare via Email Today, Sunday, an Iraqi political source revealed an upcoming visit to Prime Minister Mustafa Al-Kazemi to Washington to meet with US President John Biden. The source said, “Al-Kazemi will visit Washington in the coming days, but the exact date has not been set yet, but it may be the end of this month.”
  11. The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. ... In addition to economic redevelopment, one of the stated goals of the Marshall Plan was to halt the spread communism on the European continent. Only difference is that Iraq has no plan to stop the spread of jihadism across the Arabian peninsula. The Marshall plan did not require a higher value for the currency.
  12. How many starts do you want? A factor in this might be the fact that Iraq misreported to the IMF their stats for the 2016 SBA and the IMF is not too happy about it. They are seeking corrective measures. Agency Rating Outlook Date Fitch B- Stable 3/2021 Moody's Caa1 Stable 7/2019 Fitch B- Stable 7/2019 Moody's Caa1 Stable 1/2019 Fitch B- Stable 7/2018 Fitch B- Stable 12/2017 Moody's Caa1 Stable 8/2017 Fitch B- Stable 3/2017 Fitch B- Negative 9/2016 Fitch B- Negative 7/2016 Fitch B- Negative 3/2016 Standard & Poor's B- Stable 9/2015
  13. Yes I do know about that and it is one of the reasons I prefaced the exercise with do not count the assets not pulled from the ground. You won't get a loan based on your Net Worth, only your liquid assets. Meaning those assets that can be readily converted into money. The mountain behind Bagdad sur e it has gold and other minerals but it is not readily convertible into currency so it wouldn't matter how much there is below the ground because it is not easily convertible at this time. Think about the mines in the Western United States. How many of those that went bankrupt after pulling out hundreds of thousands of tonnes of raw minerals. What happened to those towns? Finite resources not readily converted do not make an exchange rate. It might spike the rate for a short period of time but is not sustainable.
  14. Man where did they get this picture? Best picture of the Sleepy Creepy Joe to date! Got to love the Foreign Press corps at times!
  15. And who made the rate of the dinar? (Hint: he was found in a hole in the ground and hung until dead). All you need to know that the rate was artificial.
  16. You are right they increased their gold reserves 5 tonnes since 2019, up from 91 tonnes to 96.3 tonnes. That is going to make a whole heck of lot of difference overall. (/s) Outside the banks in circulation to be technical. If you hold in your formerly nicotine stained hands (quoting Rush L.) circulated dinar, you count that, even if it is not inside of Iraq, because it is considered to be in circulation. Notice I also didn't differentiate between the different types of currencies Iraq has (not talking about circulation classification). You can get as complex as you want to, but for simplicity sake I went with what is most readily available. This example was a rough illustration, the more you narrow or add to the formula, the less the RV max value turns out to be which is still under 2 dollars (even 1.85) per dinar.
  17. Here is a fun exercise for you to get an idea of the RV rate: How much tonnage of gold does Iraq have? (They haven't increased their gold reserve in several years). Convert that into USD or Dinar. Your choice. How much money is in their International Reserves? Now add that up and divide it by the total currency outside of the bank. If you like you can convert to USD at the current exchange rate.. Once you have that number you have the maximum amount Iraq can RV at. Iraq will RV below that number. You cannot count the amount of oil in the ground that Iraq has because it is a commodity and commodities fluctuate as we have seen in the past. Nor can you count any other commodity, such as minerals, that has not been converted into cash. Once you have this you will see that Iraq will not be able to RV at the $3+ USD rate. At best the rate is well under 2 USD per dinar. Iraq will not RV at that value either, they will RV well below that value.
  18. BTW I have posted this before. That is how I know. I didn't say it couldn't I said it wouldn't in your lifetime. Please read better.
  19. Here you go, red dot history. What is half of the 1986 official rate? THE HISTORY OF IRAQI DINAR EXCHANGE RATE 1. THE HISTORY OF IRAQI DINAR EXCHANGE RATEIraqi dinar was introduced in 1931, the Iraqi dinar has replaced by British poundsinto being pegged to the US dollar. The Iraqi dinar was equaled to US$4.86between 1932 and 1949 and equaled to US$2.80 between 1949 and 1971, afterbeing devalued in 1949.As a gesture of independence in 1959, Iraq uncoupled the Iraqi Dinar officiallyfrom the Pound. But Iraqi dinar remained at equality with the pound till thecurrency unit of Britain was devalued in 1967for second time. Until December1971, 1 Iraqi Dinar equated to the value of US$ 2.80.Soon after the inflation of the United States dollar in 1973, the Iraqi Dinar valuedto US$3.39. The value of Dinar remained same till the war of Iran - Iraq. Iraq in1982 devalued the Dinar by 5%, equating it to US $ 3.22. In the earlier of 1988,the standard exchange rates Iraqi Dinar – Dollar continued to equate the Iraqidinar (ID )1 to US$3.22. But, with levels of the nation´s cost of living rate varyingfrom 25 % to 50 % a year in 1985 and 1986, the real exchange rate Dinar value,was much lower-only relating to half the 1986 official rate.After the Gulf War in 1991, because of UN sanctions, the formerly used Swissprinting was no more offered. A fresh, lower quality notes issue was created.Because of the issues such as sanctions against Iraq by the United States and theextreme government publishing of the new notes matters, the dinar devaluedrapidly, and in late 1995, 3,000 dinars equated US$1=. 2. In October 2003, the official Dinar value was 1 ID = US$ 0.00027.2004. In 2005august, the official value of dinar - dollar exchange rates became 1 ID to US$0.00068. On January 1st, the rates fluctuated to the value of 1 ID = US$ 0.00068.The values further changed and become 1ID = US$ 0.00067 on January 1st 2006.Under the rule of Saddam Hussein, Iraq experienced big political and economicalchanges. The new government however encourages foreign investments and aimsto build its new monetary system. Thus, the value of exchange rate Dinar isexpected to get increased rapidly.Prepared with many safety features making the currency incredibly hard tocounterfeit, each new note was created in the U.S. Empire by De La Rue, thebiggest professional protection and anti-forgery papermaker on the globe.The new currency was released in volumes of 50, 250, 500, 1,000, 5,000, 10,000and 25,000 dinars and is portrayed with pictures of Iraqs lifestyle and pre-Saddamrecord. Many economists say that the Iraqi Dinar has the potential to increase itsvalue in the future.For more information on exchange rate Dinar,exchange rates Iraqi Dinar ,Pleasevisit:-DinarGate
  20. Iraq's "old glory" rate was artificial. Experts at the time said it wasn't worth half as much. It is highly doubtful Iraq will ever return to a rate of 3.24 USD anytime in the next 4 lifetimes. You would have much better luck catching a rainbow from a unicorn fart than seeing 3.24 USD from Iraqi dinar.
  21. Please note: This article is not in favor of deleting the three zeros. In fact the article is talking AGAINST the deletion of the three zeroes. SO for those who are saying this article is talking about deleting the three zeroes are wrong. The article gives a hypothetical example of why the zeroes should not be deleted.
  22. The paragraph, in its entirety, in which you got your second point: Al-Shammaa added in an interview with PUKmedia , that removing zeros does not change the exchange rate system, suppose that 3 zeros were removed from the current currency, then each and a half dinar equals one dollar instead of 1500 dinars equivalent to one dollar, stressing that there is no economic return to removing zeros only achieves Ease of dealings, describing those who demand the removal of zeros in the patriarchs, indicating that the removal of zeros means an increase in costs for the state by issuing new currency notes, and the matter does not need to be done as long as things are going normal. The above statement does not state that 0.5 IQD equals 1 USD as you list in your second point. No, it states that 1.5 IQD equals 1 USD. So you would have one and a half dinars equaling one USD. If you multiplied each side by 2 you would get a 3 to 2 ratio. Or as it is represented in decimal form, 0.67, rounded. However, this case, to prove there is no difference in the exchange rate system, is using a hypothetical exchange rate of 1500 IQD and removing the three zeroes to get 1.5. Thus the exchange rate would be 1 USD to 1.5 IQD (or for every 2 USD would give you 3 IQD). Dividing 1 by 1.5 would yield a result of 0.67 USD, hypothetically. Things to note: 1) The word "suppose" is used to define what comes after as a hypothetical example. 2)The current exchange rate is not 1500; and, 3) This is being used as a hypothetical to explain why Iraq should not remove the three zeroes as the exchange rate system stays the same as if it, the exchange rate, were 1 USD to 0.5 IQD. 4) This hypothetical example, and it is only a hypothetical example, is not an indicator to a future exchange rate and shouldn't be taken as such, rather, it is merely used as an example to prove the point being made - the exchange rate system stays the same with or without the three zeroes. It's like saying to make things easier we are going to use this number.
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