Dinarrock

I sure hope so I will wait to see something other then the source says it’s done. I have seen no articles other then what you posted so yes 8 hope you are correct! Atleast we hopefully don’t have to wait for the Rial to revalue before the dinar..lol

That does not mean they have a fully seated government and NO the minister of Education has not been voted in navira...also you must have missed that the minister of health just resigned so now he has two vacant ministries now!

Can someone please show where the minister of Education has been voted in by Parliament? I have not seen this posted anywhere??

Yep agreed they are a bunch of worthless camel jockeys that will keep stealing as much money for themselves as possible. They will give up a little to satisfy the masses and then back to business as usual!

Bingo and we have a Winner!!

Is one of those decisions to complete monetary reform and add valued to your worthless currency?? Bunch of worthless knuckleheads over their, every single one of them kick the can down the road and bleed that country’s money dry for themselves as much as they can! It will be an absolutely miracle if this RV happens and most definitely will take some kind of intervention!

Maliki must be laughing his azz off this is exactly what he wants!! It keeps Iraq from moving forward and just another distraction, sure can’t wait to see what comes up next!

The facts are indisputable he was caught on an open mic saying what he said!! And yes I hope they nail him to the wall for election interference also!! Trump released the call you demorats are trying to launch an impeachment for which had i believe 4 stenographers on that call so NOOOO you demorats cannot say they deleted any information and WOW nothing there again you choose to hang on to your hatred for one person who has done more for the country yes MORE AND VERIFIABLE in the past 3 years then the Muslim loving socialist which almost destroyed our great nation did in his 8 miserable years!!!!!!

Hey I found the Russian collusion!!! This worthless guy will go down as the worst US President in history!! Good thing we have the guy now that will be marked as probably the BEST President in history!!!! Can’t wait to see what an actual guy for the people will be able to accomplish in another 4 years!!! It’s so nice to have someone who isn’t a corrupt politician paying back his donors interests instead of the American people!! So here you go here is your Russian collusion ...but NO the Republicans didn’t spend 2 1/2 years and spend untold millions and millions of American dollars on a stupid witch-hunt that was completely dismissed with no basis!! But we all know why the Democrats have to because they have no leg to stand on and it’s their only hope of actually winning the next election! Laughable and Sad to say the least!! https://youtu.be/xHmyKksPois Caught on camera: Obama's missile remarks to Medvedev youtu.be http://www.euronews.com/ It was meant to be a private chat on the sidelines of the Seoul nuclear security summit. But when Barack Obama told Dmitry Medvedev ...

You are a 1000% WRONG!! Putin doesn’t tell Trump to do anything, he was only in bed with the Clintons guess you forgot that! And no the Middle East will not go to hell its ONLY 50 troops being withdrawn!!!!! What about 50 people don’t you liberals not understand???? It’s not 500 or 5000 IT’S 50 people only so NO it will not effect them one bit. One of the other countries will replace our 50 with more then 50 if that’s what it takes...Sooooo get your head out of the sand and get a clue!!

Absolutely agree with you...I have so many times when going to a restaurant get pissed when I see gender less bathrooms...it’s so funny and soooo sad that so many in our country have lost God and believe people should be who they are and a man can go into the same bathroom as my 12 year old daughter...makes me sick sick sick!! A liberal won’t cry about it until one of their daughter gets molested by the he/she lost crazy person!

Yeah but you left out one thing, she needs to gift her dinar to the IRS pre RV so they don’t have to pay taxes or capital gains on it also...lololol...Awesome suggestion!!

Hilarious and perfect response and true!!

“What a disaster, I mean, the president’s statement through Stephanie Grisham is, you know, ‘We defeated the caliphate, the caliphate’s destroyed.’ We would not have done that without the Kurds, who did all of our fighting,” Kilmeade said to his stunned co-hosts on the morning show. “Now we’re saying, ‘Okay Turks, go wipe them out, or force them out.’ What kind of message is that to the next ally that wants to side with us?” he asked. When another of the show’s hosts, Steve Doocy, tried to defend Trump, saying, “I think the president is doing exactly what he wants to, because he has made from the get-go very clear, campaign promises–” Kilmeade interrupted to ask sarcastically, “to release ISIS fighters?” Later in the morning, the show’s hosts looked deeply uncomfortable as Sen. Lindsey Graham, another regular Trump supporter, lambasted Trump’s decision as “impulsive 3,689 people are talking about this “I hope I’m making myself clear, how shortsighted and irresponsible this decision is in my view,” Graham added. “This to me is just unnerving to its core. To say to the American people ISIS has been destroyed is not true.” Doocy once agains tried, without much force, to argue Trump’s corner, telling Graham, “Senator, there are a lot of military families who would like to see our personnel come home.” Later Monday morning, the hosts of “America’s Newsroom,” Bill Hemmer and Sandra Smith, looked taken aback when Fox Middle East correspondent Trey Yingst offered a clear and unstinting description of Trump’s about-face as a broken promise. “Bill, the Kurds had an agreement with the Americans: help the West battle ISIS in exchange for protection of their people. This was a promise made by President Trump, and a promise that today, according to the White House, will not be kept.” Yingst reported live from Jerusalem. “Overnight the administration did confirm, following a phone call with Turkish President Tayyip Erdogan, that Turkey will soon attack Kurdish forces in Syria,” Yingst continued. “President Trump has signed off on the withdrawal of U.S. forces in the area that were meant to prevent such an attack.” “So what does this mean?” Yingst said at the end of his report. “This means that Turkey plans to annex parts of a sovereign country, Syria, with the support of President Trump.” When the camera switched back from Jerusalem to New York, Hemmer and Smith looked somewhat befuddled about how to process these facts. In a further indication that Fox’s dedicated pro-Trump opinion hosts might have their work cut out for them if they try to cast the president’s move in a positive light, “America’s Newsroom” also aired commentary from a retired general, Jack Keane, who railed against Trump’s decision to cut the Kurds loose. “There’s one word that describes this for me, betrayal,” Keane said. “I think it’s a strategic blunder that will have significant implications.” “We went into eastern Syria to defeat ISIS,” Keane added. “The Syrian Democratic Forces, which the Kurds were a part of, had 60,000 ground troops. We provided 2,000 to help them. It took us two years. We fought every single day to defeat ISIS. The Syrian Kurds, who we’re talking about here, lost over 11,000 in that fight…. How can we possibly walk away from them?” That sentiment was echoed on the Fox News website in an op-ed by Judith Miller, the disgraced former New York Times reporter, who noted that Trump’s decision, “delighted President Erdogan, who considers Kurdish forces in Syria as ‘terrorists’ and seeks to create a ‘safe zone’ inside this predominantly Kurdish area where it can resettle many of the estimated 3.5 million Syrian and other Sunni Muslim refugees who fled the Syrian civil war, many of whom now live in Turkey.” “America’s move undoubtedly now leaves the Kurds, who fear being outnumbered in what has been their traditional demographic stronghold, utterly at Turkey’s mercy,” Miller told readers of the Fox News website. Another Fox News show, “Outnumbered,” featured commentary from Lisa Kennedy Montgomery, a usually reliable pro-Trump voice, condemning the president’s treatment of the Kurds. “We’re completely abandoning them to die. I mean, they could absolutely be slaughtered, and this is unconscionable,” she said. “This is so unacceptable. See Outnumbered Overtime's other Tweets Later on Monday, Fox turned to the president’s main booster, himself, who tried to justify his decision to allow the Turks to attack the Kurds, offering the bizarre rationale that the two nationalities are “natural enemies.” Trump: We have not abandoned the Kurds in any way October 8, 2019 Walter 2019/10/08 08:10:13 A- A A + US President Donald Trump said on Tuesday he had not given up the Kurds in Syria “in any way.” Trump wrote in a series of tweets on his Twitter account: “We may be about to leave Syria, but we have in no way abandoned the Kurds, and they are special people and wonderful fighters.” The US president reiterated his threat to Ankara, saying “any unnecessary fighting by Turkey would be devastating for their economy and their very fragile currency. We are helping the Kurds financially / with weapons!” Turkey’s defense ministry said Tuesday it was “completing” preparations for a military operation in northern Syria, amid conflicting signals from the United States over whether Trump would allow the attack. The US president ordered US soldiers to withdraw from the border area between Turkey and Syria after a telephone conversation with Turkish President Recep Tayyip Erdogan. Opponents saw Trump’s move abandoning the Kurdish forces, which were a key ally of Washington in its battle against ISIS. The Turkish president has repeatedly threatened an attack on Kurdish fighters in northern Syria because of their relationship with separatists in his country. But Trump also adjusted his stance on Monday, under pressure from international condemnation and criticism inside his Republican camp. Ankara is demanding a “safe area” on the border with northern Syria, separating Kurdish rebel-held areas from the Turkish border and allowing the return of nearly two million Syrian refugees. Ankara has in the past carried out two operations in Syria, the first against ISIS in 2016 and the second against the YPG in 2018, supported by armed factions affiliated with the Syrian opposition.

Awesome awesome awesome reply keylime that was very well said I agree with you 1000%!!!

They can’t pay using dinar!!! Why would they even if they could!! First of all the dinar is not internationally traded, and second is most is bought and sold using the petro dollar or since they trade and use the US dollar that is what they could use but again WHY would they! No matter what country they trade with if they can pay using Oil that is HUUUUUUGE for Iraq!! It costs them only a few dollars per barrel of oil to extract their sweet crude from Mother Earth and they are probably selling it to China on a $50 contract per barrel of oil...Does any of that make sense as to Why Iraq would never in their right mind ever ever ever pay with dollars or dinars even if their dinar was worth $3 dollars?? They would Always make the deal with barrels of oil anytime they can...Hope that makes this subject much clearer!!!!

They will be paying with Oil Adam not pre or post dinars!

Hopefully they talked about raising the dinar value and soon! The rumors from way back when was Trump invested like 30 million+ buying dinar many years ago which I hope is true!

Agreed kind of crazy isn’t it we are still left holding the 1 trillion plus dollar bag for liberating this shiiitte country. Sure hope this currency play is what the payback is but that doesn’t even come close to the lives we have lost there!

Yes that is what equivalent means however they specifically also break out the dinar and say 1,000,000. Which from the article and your math you would have to assume it would be .10 cents. However that does not mean in can’t be much greater either, they only said you couldn’t take 1,000,000 dinar, that value could be .10c or $1.17 per dinar you Don’t know that answer you are assuming it will be .10c but anything above .10c would still make the article valid!! The dinar will NOT come out at .10c it will be much higher than that!!

Yes all their contracts will be made in the US dollar because they couldn’t print enough dinar to actually pay in the dinar..lol.. also the dinar is not internationally traded and until they actually are and raise the value of their currency they will always use the dollar. People seem to forget that once the dinar does revalue to say a dollar for example, people assume that wow they have all this extra money to spend. That is absolutely false they have no more money to spend if the dinar is worth a tenth of a penny or the next day is worth 1 to 1 and the same value of a dollar. Raising the value does NOT create all this extra magic money! It’s a hard concept to grasp by many hence why you always see Iraq with their hand out for loans. If their value was to change to a dollar today Iraq would still be asking for the same loans tomorrow. They sell energy and oil so whatever that amount of money is they make is all they can spend hence a budget it makes zero difference what the value of the dinar is! A higher value ONLY gives an Iraqi inside that country a greater purchasing power. It does not create extra money for Iraq to spend on their debts!! Now this deal with China who knows, Iraq is going to put their hands out to any country that will give give give them money. All these other countries have forgiven most of Iraq’s debts for which we hope their wis a reason they did with maybe some currency swaps in exchange for forgiving debt but who knows. Guru’s will spin anything they can to either further their selfish cause and or to get paid somehow! A lot of this investment makes sense and should come to fruition eventually as they say but again there is a lot that doesn’t make sense. We have placed our bets and hope this stupid investment pays off in the end that’s about the best anyone can hope for. I have been involved in this crazy currency since 2005 and I have seen every excuse and every guru along the years as to why it has to happen and why it hasn’t happened yet!!! So to me if China gives Iraq all the money they need for reconstruction which personally I don’t think China has the money to do right now they have so many issues themselves with the U.S. until a trade deal gets worked out with use but again that’s my opinion. But the point is with all the money China is supposedly going to give them does that give Iraq any incentive to raise the value? If they can keep kicking the can down the road which Iraq is the best at doing that they very well may just keep the status quo. Again who knows it’s anyones guess and opinion!!

Agreed LB which is why like the calculations say the dinar would be valued at a minimum of $2.47 and when you add in all of those other factors then if Iraq wants to RI to $3.22-$3.25 they should have no issue hitting that value or as they like to say value from the old glory days!

Thanks DT I knew I read it yesterday too but I just found that one first today. I like your post better with all the highlights! This is HUGE folks all we need is for Iraq to pull the damn trigger!! LOL...Come on RV or RI either one works for me!!

Here is one of the articles that was just posted by Yota in the news section 5 hours ago, it’s says 87 billion now unless I am reading it wrong. The central monetary and economic policies have strengthened the government's economic resilience in the face of the toughest conditions Samir al-Nasiri Articles Samir al-Nasiri Iraq's foreign currency reserves reached $ 87 billion after the government's $ 13 billion reserve was added to the Central Bank's reserves, a positive indication of Iraq's economic resilience in the face of economic crises in the most difficult circumstances. From this, we note that what has been achieved comes mainly to the exceptional efforts made by the Central Bank during the years of economic and financial crisis in supporting the national economy and securing the limits of 16 billion dollars to the state treasury to overcome the difficult conditions suffered by our country. When the Ministry of Finance takes advantage of the rise in oil prices and repay the $ 16 billion dues of the Central Bank owed by the government and thus the total reserves of the Central Bank and government reserves will be around $ 100 billion, especially if we expect to continue Oil to rise. The follower and competent is well aware that to reach this rate of foreign reserves is the Central Bank to follow the investment policies safe, which strengthened the credit standing internationally and restore confidence in the Iraqi economy and international banking relations. Underscoring the safety and success of the Bank 's strategy for the years ( 2016-2020 ) achieved .ho achievements in financing activity and activate the initiative to finance small and medium enterprises and raise the ceiling on loans to one billion dinars for each project within the objectives of the initiator e in the revitalization of the economic cycle and supportthe implementation of the objectives of the government curriculum in the fourth axis (Strengthening the economy) by achieving the objective of development banks as a goal of development. Therefore, the Bank is currently working on initiating the syndicated Islamic finance for public and private banks. In addition, the implementation of community initiatives from the Tamkeen Fund will enable the effective national experience in integrating the banking sector with society and achieving the objective of social and economic banks. The clear evidence, which can never be covered, is the continuity and stability of the exchange rate over two years and maintaining the inflation rate of less than 2%. Thus, the Central Bank, with its national and distinguished team, has been able to achieve its objectives contained in its law 56 of 2004, which is to build foreign reserves and reduce inflation and maintain. It now facilitates the strengthening of the economy and banks for development. Number of Views 134 Date Added 17/09/2019

Agreed but also didn’t we just see a CBI article within the past couple of days that said the reserves are now 87 Billion! So my math says it should be $2.47 now!!! LOL