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Dretown39

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Posts posted by Dretown39

  1. I personally would not allow the above article about borrowing 11 billion dollars worry me. They devalued their currency to pay off/down their debt. The loan won't help with the deficit. If not now, then very soon they're making arrangements to pay the IMF back so they still need to add value to their currency. Based off what I've heard I feel good about where we are.

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  2. 10 hours ago, jeepguy said:

    i`m not  super smart in the cash -to purchase power system ,  but , how does  cheap value currency  , pay off a debt , faster than a high value currency ?

     seems if the dinar was at  1 too 1  value , the  debt of  1000.oo  would be paid off faster than a dinar worth  1 penny ...

    1000 debt takes 1000  dinar ,@ 1 to 1  (  1000 @ a penny takes 100,000  pennies  )  iraqi mathmatics ?

    I'm not super smart in this either. I listen to him because he never puts out uneducated guessing..just explains how the process works. Sometimes I can grasp what he's saying & there are times when I don't. Either way I like to share info when I feel the source it came from is solid. This site & Breitling is what I stick too.

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  3. 13 hours ago, rvmydinar said:

    hopefully after iraq pay off all their debts, then the rate will start moving in the right direction.

    He also said they don't have to pay all the debt off. I believe he mentioned that they won't have it all paid off when they start to add value to it.

  4. 6 hours ago, yota691 said:
    •  Time: 10/24/2020 16:01:32
    •  
    •  Read: 156 times
    Britain declares its full readiness to support Iraq
      
     

     

    Foreign Minister Fuad Hussein met with Mr. Tom Tugendhat, Chairman of the Foreign Relations Committee in the British Parliament, and discussed security, political, economic, and health developments in Iraq, as well as files of mutual interest, and the importance of strengthening bilateral relations between the two countries at various levels, and the Minister invited British companies To seize the opportunity of the existence of fertile land for investment and serious work in Iraq, amid government support for the sincere efforts coming to build and rebuild the country, and to help advance its economic and service reality.
    The Minister praised the effective British role in fighting the terrorist organization ISIS within the international coalition, stressing the importance of continuing this cooperation in various fields, including continuing to train Iraqi forces and exchanging intelligence information to prevent the return of terrorist groups' activity.
    He affirmed that the terrorist organization ISIS is still a threat to Iraq, neighboring countries and the world at large, and its members are trying to reorganize themselves in Iraq, Syria and some African countries.
    For his part, Representative Tom affirmed his country's full readiness to support Iraq, strengthen its position in the international and regional community, encourage British companies to work in Iraq, and coordinate with Iraq in this regard by discussing investment opportunities.

    Excellent articles!

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  5. 53 minutes ago, 64jaguar said:

     

    Sure hope so Chuck... I've also been rethinking my choice of exchanges. Been using Coinbase but I'm hearing that Coinbase is now willing to sell our private account info to the FEDs. Some people going so far as to delete their accounts and move. 

    I've been looking around at other exchanges and I rather like Bitfinex but they are located in Hong Kong which might be suspect with the Chi Com's takeover, Binance crypto exchange" rel="external nofollow">Binance in Japan is ok but I don't like the platform and Bittrex is U.S. but I don't care for that platform either. None of them trade ETN either but all of the other crypto's I currently trade. 

    Yeah that's what I heard recently about Coinbase. I've read other recommendations but I'll do research. I've been on Coinbase for about 6 months now. I'm going to talk to some more folks before I consider deleting my account. 

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  6. On 4/20/2020 at 10:07 AM, King Bean said:

    I believe the '10-years' timeline has been out there for a while after the CBI stated in news that 'old notes would coincide with new notes for a period of 10-years'. Although this thing is fluid, my personal feeling is the CBI will try to get all the old notes in over a short period of time. So 2-years would not be out of the question. IMO.

    Thanks for your input!

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  7. 8 hours ago, Smokey Mtn. Dinar said:

    If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?  

     

     

    Thank you Adam for all the great news.

    Whenever it RVs we have 2 years total to exchange it all from what I found out recently. Hope that helps

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  8. Hello to all. Hope this is the right section. I listened to Breitling recently and was able speak with him. I asked him what's the time frame we all have to exchange all of our notes after the RV. He told me 2yrs. I asked because I heard 10. Anybody else hear the 2 as well?

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  9. 2 hours ago, stanleypower said:

    I know you follow Breitling. I’m anxious to hear his take on these points you laid out. 

    I listened to his recent audio. He said pretty much Iraq can add value to stay afloat and increase when the U.S markets open and increase the rate. Or they could wait to the markets open and come in at a higher value which would benefit us. He said long term trend is the oil will be low and so they have to do something quick. He said we're in a phenomenal spot right now.

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