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Posts posted by dinarham
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Strill means untidy , unkempt
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Eight hours ahead of EST , USA , evening time when banks are closed in Iraq
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Down , up , down again with no discernable changes
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In my humble old opinion Iraq has already set up the most advanced digital banking system ever conceived , Basel 3 ,maybe 4 . Resorting to new hard currency rather than the digital would appear archaic. Also , images of the lower denoms would already have been leaked . Hang tough , you crazy diamonds
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PPP is the purchasing power of a country relative to a specific household necessity and compared worldwide . One pound of rice is used as a good standard . One pound of rice in Iraq =977.IQD . One pound of rice in the USA= .96 USD. , about the same given a few pips
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Several weeks ago , Biden "allowed " Iraq to purchase electric power from Iran for the next couple of months ,extending some kind of embargo against Iran . This was concurrent with Biden condemning Iran bigtime . What can be taken from that? My take is that the US wants to keep Iraq happy . With USD allegedly evaporating from Iraq on the first of the year , IQD must become a viable currency. Otherwise , Iraqis will rise up , starvation makes you do that .
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Previously ,most of the USD auctioned off by the CBI was sold directly back to the cbi to allegedly strengthen foreign reserves . I have tracked the currency auctions for years , and I can tell you in the past the cbi was extremely careless in the innerweb stuff they put out for the world to see . The dates they posted for the auctions included dates like 23/ 14/ 20 , and many more like this . They did no editing on what they were putting out there , for no other reason other than they didn't give a shite . As dead Med said , no rv without the termination of the auctions
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Shipments of USD ? So what else is new ?
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Yep . US still holds the purse strings , but this will come to an end , per the Strategic Framework Agreement , if the US will still honor this agreement . As far as the electronic platform ,I am of the belief that even the lower denoms will be included on this platform.. The printing of lower denoms is too massive of a secret to hold , as the printing and distribution would involve hundreds of people . An image of a lower denom would already have been leaked
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I had a tarot card reading in exchange for a painting . She dealt off 5 different decks , and the king came up 5 times .
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This " 5 year plan" is bs. What are Iraqis going to use as currency for the next 5 years ? How will they pay for necessities ,food , shelter , or will they be starved out by the lack of a viable currency ? This is not plausible .
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In spite of the kurfuffle with Iran , Biden has approved a 90 day waiver allowing Iraq to purchase electricity from Iran .
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Smoke and mirrors ? Because when the Oil and Gas Law is set it's rv time ?
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Screwball , Thanks for the tip . I compared major currency charts , and they all have the same pattern more or less . The IQD /USD chart is absolutely insane , indicating to me that something is up .
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IQD took a huge nose dive at 4:00 pm , amounting to $. 000001 USD according to Forex . This is freakin' nonsense meant to disguise the real truth
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Whatever side is the most humane to their enemies is on the side of what's right , Anyone who murders innocent children is subhuman and should be executed swiftly and humanely. We don't want to sink to their level
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2 hours ago, Carrello said:
How do they trade IQD if it's not on Forex and international yet? Educate me, please.
Go on Oanda and educate yourself ,
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Ok , went down a rabbit hole that I can't get back to , but a UK forex site declares that it will be a volatile week regarding the value of the IQD .
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For what it's worth , Oanda shows the IQD trading in the right direction , the buy being more rate than the ask rate and below the 1300 official rate . Hang tight ,crazy diamonds .
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When we invaded Iraq in2003 , we rendered their currency valueless ,wiping out the savings and operating cash of most Iraqis .Did they then go out with whatever resources they had and purchase the new IQD and stuff them under their mattrasses ? The new IQD was worthless and unwieldy , taking 2 wheelbarrows full of IQD to purchase 1 wheelbarrow . Knowing Iraqis the way I do , if anything is under their mattrasses it is gold . Don't forget how expensive the new IQD was to produce ,with their gold threads , anagrams , heavy paper ,oxblood ,etc, ,making them "uncounterfeitable ". It is safe to assume that the new IQD was printed in a limited edition. All of us IQD holders heard about this via word of mouth ,and relatively speaking there is not that many of us . I do believe that most IQD are held in the foreign reserves of countries . Hang tough , you crazy diamonds .
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It's odd that with all the kerfuffle about dinar , there is still 0.000000 movement on forex regarding iqd/usd today.
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According to forex , there is 0 .0000 movement today regarding iqd/usd . This happens on weekends , but normally not during the week . Other countries show slight movement today.
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It does make some sense that the IQD would come out at a rate high enough to prohibit speculation .
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The gap between supply and demand ‘strills’ the Iraqi dinar. Two paths of low dollar prices
in Iraq & Dinar Related News
Posted
I'm strilled right now having not got out of my ' jammies yet