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ixic

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Everything posted by ixic

  1. 6 usd to 1 iqd Unlikely. 6 iqd to 1 usd? Likely. That would be about 16.6 cents. I'd believe that. Not this.
  2. Gold Ready For $200 Jump In 2017 – Bank Of America CNBC reported that Bank of America is forecasting a significant jump in gold prices by the end of this year. “Gold is poised to make a big jump by the end of the year, at least according to Bank of America. The corporate and banking division says it expects the price to rise by around $200. That would put the price of gold at $1400 by December… Analysts at Bank of America/Merrill Lynch state that even though the commodity has been under pressure as a run up to the next Federal Reserve bank hike, there were reasons for optimis
  3. Gold Highly Relevant In Strategic Portfolio - WGC The World Gold Council published its Outlook 2017 which identifies six significant trends that will support gold in 2017. “In 2016, investors around the world returned in large numbers to the gold market, as a combination of macroeconomic drivers and pent up demand kept interest in gold high. As we start the new year, there are some concerns that US dollar strength may limit gold’s appeal. We believe that, on the contrary, not only will gold remain highly relevant as a strategic portfolio component, but also six major trends will support
  4. CBI Auctions still going. The buy/sell rate moved 2 dinars. Now 1184/1182. Announcement No. (3353) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 5/1/2017 and the results were as follows: DETAILS NOTES Number of banks 33 Number of remittance companies 17 Amount sold at auction price (US$) 158,915,838 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 1
  5. Awesome SoCal. Wish I lived closer, and it wasn't the holidays. Would love to join you on a trip. Best of luck on your next hunt.
  6. The sign on the tomatoes read 990 iqd...at today's value thats about $.83 cents. Doesn't look like anything has changed in value, yet.
  7. LaidBack quoted what I had posted yesterday on the auctions having gold prices listed. I had never noticed/seen it before on the CBI page, which is why I brought it over. Maybe the gold prices are for the gold coins they'll be introducing? Hopefully. But also could be just a general listing to let people know the actual market rate for dinar/gold ratio.
  8. Currency Auctions Announcement No. (3305) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 26/10/2016 and the results were as follows: DETAILS NOTES Number of banks 32 Number of remittance companies 15 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 147,280,305 Amount purchased at Auction price (US$) ---
  9. Recession Coming Within 12 Months; Investors Need Gold – Pal A former Goldman Sachs banker and founder of the macro investment advisory group Global Macro Investor told MarketWatch the U.S. will be hit by a recession in the next 12 months. As such, investors need to “park their cash” in gold. “Mirror, mirror on the wall, which asset is most mispriced of all? According to a Goldman Sachs alum who predicted the financial crisis in 2008, it’s gold. The precious metal should be a lot more expensive when the likelihood of a global financial collapse and a move toward negative interest
  10. I'll bug you one more time and re-post my question from last week: Oil prices are relatively stable, the price of gold is staying above $1300/oz and most likely going up. Iraq has plenty of both. With all that has gone on with Iraq this year: CBI talk, banking, more oil, more gold, security, government, IMF and UN aid, etc...things are actually looking promising. I know about your 10 cent stance, and believe me...I'm a believer in 'at least' that for an rv. I was just curious if you've heard anything about a possible rate of 13-26 cents, like a few other middle east
  11. Oil prices are relatively stable, the price of gold is staying above $1300/oz and most likely due to rise. Iraq has plenty of both. With all that has gone on with Iraq this year: CBI talk, banking, more oil, more gold, security, government, IMF and UN aid, etc...things are actually looking promising. I know about your 10 cent stance, and believe me...I'm a believer in 'at least' that for an rv. I was just curious if you've heard anything about a possible rate of 13-26 cents, like a few other middle east countries are currently valued at as well. Just so Iraq can be 'on par
  12. Look closely, 129.5 dinars, its abbreviated for 129,500 dinars, per 100 usd. So the rate is 1295. I did a double take, then saw the second line again. Still waiting.
  13. Hey Adam, what is your take on all these CBI articles that have come out this past weekend? It seems the CBI is getting ready for something to happen, hopefully before end of the year. The central bank gives the government banks until September to adapt itself to the electronic systems CBI approaching the issue dinar-mail and enter it in the business dealings The Central Bank Reveals The Date Of Launch Electronic Currency !
  14. Investors Need Gold To Preserve Savings – Barisheff Nick Barisheff, CEO of Toronto’s Bullion Management Group, advised investors to include gold in their portfolio to preserve their savings. “Many investors and their financial advisors consider gold to be a commodity, which makes gold no different than copper, timber, pork bellies or orange juice. They do not understand, or simply are unaware, that gold has been successfully used as money for over 3,000 years. Although some people think it is an archaic relic, the facts don’t support this view… “Gold is traded on the currency desks
  15. $1400 Gold Just Start of Bull Market – VanEck Investment firm VanEck issued a report stating that $1400 gold will be just the start of a new bull market. “Although gold prices are down from last week’s two-year high, one investment firm sees $1,400 an ounce as just the start as the market remains in a new bull uptrend. In a report released Tuesday, Joe Foster, gold strategist at VanEck, said that the firm is expecting gold prices to reach $1,400 an ounce in the second half of the year, adding ‘and we do not believe it will end there…’ “What is the driving the next leg of the
  16. Perfect Storm for Higher Gold Prices – Forbes Forbes reported that the current financial and political climates are positive for gold’s bull run. “Gold shone brightly for a few days this week before running out of steam, but if anyone thinks gold has done its best for 2016 they’re not looking at what’s driving [gold]. A heady mix of financial, political and economic forces are behind the latest gold revival and none of them are short-term events… “Credit for this week’s rise in the gold price to a two year high of $1314.87 an ounce was shared by confirmation that U.S. interes
  17. “Incredible Opportunity” To Own Gold And Silver Before Next Crash – Embry John Embry, Senior Investment Strategist at Sprott Asset Management, told King Worlds News that current prices offer an opportunity for investors to acquire physical gold and silver before the next world economic collapse. “Eric, it certainly has been an ugly couple of weeks in the precious metals space, with platinum being abused as much or more than gold and silver. I thought Andrew Maguire did an excellent job in explaining the action in his KWN interview on Friday… And when you juxtapose Maguire’s interview w
  18. Growing Call for Return to Gold Standard As World Approaches Next Great Recession – Bloomberg Bloomberg discussed the growing number of experts and politicians who are urging a return to a gold standard to combat the reckless central bank policies threatening the economy. “When times are tough, new economic theories get a better hearing. Maybe some old ones, too. The gold standard is one of the oldest ideas about money, but the hardest of hard-money hawks sense an opening to breathe new life into it. Decades ago, the amount of cash circulating in a country was often limited by the stash
  19. Fed Policies May Send Gold Prices 5 to 10 Times Higher – MarketWatch Cody Willard, author of MarketWatch’s Revolution Investing newsletter, told readers that dangerous Federal Reserve policies may cause gold prices to rise 5 times or more. “I've met hedge fund manager Stan Druckenmiller a couple times … He's made billions of dollars investing money for George Soros and his own clients in the hedge fund he ran for 20 years. I ran across his name over the weekend, as some of you might have, in must-read articles after his appearance at the annual Sohn Conference in New York. “Druckenmil
  20. Thanks Socal. That trailer definitely peaked my interest. Unfortunately, I am expecting a crash in the near future. How soon? I guess we'll find out. Hope everyone is stocked up.
  21. Gold Is Real Money; Necessary to Preserve Wealth - Fulp Certified Professional Geologist and Kitco commentator Mickey Fulp reviewed the gold-silver ratio since the U.S. left the gold standard, concluding that every investor must include gold in their portfolios. “I have written a lot of words documenting the record of gold and silver prices and ratios over the nearly 45 years since the United States (and therefore, the world) abandoned the gold standard. But what are the longer-term ramifications of a monetary system without backing? “From that juncture, we were left with nothi
  22. I was there also in February in San Francisco when Breitling said this. He is a real no B.S. guy. Just wants to give you the truth and not hype or pump your false hopes. Had a chance to speak with him also for about 10 minutes after the event. Good guy.
  23. Gold & Silver : 4/15/16 Release Date: Friday, April 15, 2016 Gold and Silver Prices Gold prices fell on a stronger dollar but recovered some of its earlier losses to end the week relatively flat. “Gold prices pulled back to $1,208.50 while they consolidated. They have since rebounded to $1,263 but have stalled again… We remain bullish towards gold generally because we feel the financial markets are vulnerable and we see negative interest rates as a positive for gold. More to the point, we sense a significant shift in sentim
  24. Spot Gold Hits 4-week Low as Risk Appetite Returns Mar 23, 2016 Kitco News: Guest(s): Bill Baruch Risk appetite is back in the market and gold slides this Wednesday. Does the yellow metal still have a chance to move higher? Chief market strategist for iiTrader Bill Baruch says that despite Wednesday’s moves, gold is still up 15% on the year and still above its 50-day and 200-day moving averages. Gold prices ended the U.S. day session sharply lower, with spot gold hitting a close to four-week low Wedne
  25. Gold Rallies On Safe-Haven Demand As ECB Rattles Marketplace Thursday March 10, 2016 13:24 (Kitco News) - Gold prices were solidly higher and poised to close at or near a 13-month high close in late U.S. trading Thursday. Safe-haven demand surfaced as U.S. stock indexes sold off and the U.S. dollar index dropped sharply in the wake of today’s announcement of the monetary policy easing measures from the European Central Bank. April Comex gold was last up $15.10 at $1,272.60 an ounce The highly anticipated regular meeting of the European Central Bank saw the ECB initiate fresh monetary s
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