tigergorzow Posted March 16, 2017 Report Share Posted March 16, 2017 2 hours ago, Freedomwish said: Yes indeed Snow, saw that comment too but can't find such article - was it posted anywhere in the threads to read up on it? See article below 2 hours ago, SnowGlobe7 said: yes...I think Jeep guy want the poster...or maybe tigergroz? DV, Here is the article Yota posted on Sunday. Economist: currency backed by more than one and a half times their value does not fear them Sun, 12 Mar 2017 10:06:53 Stressed the economic expert on behalf of Antoine, Sunday, the Iraqi currency backed by more than worth one and a half and no fear of in this regard, and as explained as backed by the hard dollar currency in addition to gold, he pointed out that the currency is not the foundation but is the economic face of the country only. Said Antoine in a press statement that "the Iraqi currency backed by scarce more than the real value of the currency and a half times and no fear of in this regard," he said, adding that it "supported the dollar and gold as well, but the basic cover is the dollar and the cover is in the market, local and international banks." In a question as what was to increase support through the dollar or gold will increase from the Iraqi currency, the economist, said that "explained the currency in order to ensure the flow of goods and strength you need for a cap in foreign currency," he said, adding that the currency is not the foundation but is the economic face of the country only when a country's economy is recovering recuperative currency automatically. " And the US dollar the role of world's reserve currency as central banks in most countries of the world retain large reserves of US dollars to meet the needs of imported goods and services, and thus the dollar seizes two-thirds of foreign exchange reserves in the world and 80% of the swaps and foreign exchange rate. 5 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 16, 2017 Report Share Posted March 16, 2017 Man, they can talk this thing to death. Just get it done already. 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted March 16, 2017 Report Share Posted March 16, 2017 Let's see what the liberation of Mosul brings to the Iraqi people and us.! Hoping for more purchasing power to all. Go liberation of Mosul Go $1:1 Go 2017 4 Quote Link to comment Share on other sites More sharing options...
davis411 Posted March 17, 2017 Report Share Posted March 17, 2017 (edited) 3 hours ago, SnowGlobe7 said: im giddy at the comment yesterday at $1.50!!!! I cant let myself go further than that Then you have never met a Davis you be giddy all the time begging for no more Davis FYI only Edited March 17, 2017 by davis411 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted March 17, 2017 Report Share Posted March 17, 2017 1 hour ago, drj said: I'm sorry that I don't remember who said it BUT I remember someone on this forum stating to keep an eye on March 21st...looks like they're spot-on!! Not me 1 Quote Link to comment Share on other sites More sharing options...
nannab Posted March 17, 2017 Report Share Posted March 17, 2017 So the Davis didn't do it. This time! Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted March 17, 2017 Report Share Posted March 17, 2017 58 minutes ago, tigergorzow said: See article below DV, Here is the article Yota posted on Sunday. Economist: currency backed by more than one and a half times their value does not fear them Sun, 12 Mar 2017 10:06:53 Stressed the economic expert on behalf of Antoine, Sunday, the Iraqi currency backed by more than worth one and a half and no fear of in this regard, and as explained as backed by the hard dollar currency in addition to gold, he pointed out that the currency is not the foundation but is the economic face of the country only. Said Antoine in a press statement that "the Iraqi currency backed by scarce more than the real value of the currency and a half times and no fear of in this regard," he said, adding that it "supported the dollar and gold as well, but the basic cover is the dollar and the cover is in the market, local and international banks." In a question as what was to increase support through the dollar or gold will increase from the Iraqi currency, the economist, said that "explained the currency in order to ensure the flow of goods and strength you need for a cap in foreign currency," he said, adding that the currency is not the foundation but is the economic face of the country only when a country's economy is recovering recuperative currency automatically. " And the US dollar the role of world's reserve currency as central banks in most countries of the world retain large reserves of US dollars to meet the needs of imported goods and services, and thus the dollar seizes two-thirds of foreign exchange reserves in the world and 80% of the swaps and foreign exchange rate. you rock my furry compadre 1 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted March 17, 2017 Report Share Posted March 17, 2017 2 hours ago, drj said: I'm sorry that I don't remember who said it BUT I remember someone on this forum stating to keep an eye on March 21st...looks like they're spot-on!! drj, Screwball have posted some excellent articles in Foreign Currencies Section on Iran. The 21 March is when their new Calendar Year starts and possible a rate change in the RIAL. There is another article stating effective 21 / 22 March they will stop using the dollar and switch to the euro. The mindset some of us DV members is that Iraq & Iran may RV o/a the same date however only time will tell if this actually comes to fruition.... “Forex rate must be unified next [calendar] year (starting March 21) so that stability in the market will be bolstered and corruption will be stopped,” Rouhani told a banking forum on Saturday. 3 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted March 17, 2017 Report Share Posted March 17, 2017 2 Quote Link to comment Share on other sites More sharing options...
KDuesing Posted March 17, 2017 Report Share Posted March 17, 2017 6 minutes ago, SnowGlobe7 said: Economist: currency backed by more than one and a half times their value does not fear them That doesn't mean a 1.50 rate is all they can handle, it just means they have it covered with more. Remember if they revalue every dinar in existence goes up the same amount so no matter what it changes to its always covered one and a half times over. A 1 to 1.00 rate or 1.50 would be a sucker rate imop, they have alot of rebuilding to do and having a very hi value will help them with anything they import, and dont let them tell you they gonna keep it low so they can export those strawberry and dates lol. 4 Quote Link to comment Share on other sites More sharing options...
Mask Phantom Posted March 17, 2017 Report Share Posted March 17, 2017 I can feel the rush. .... And away we go. My architect firm, is around the corner. Peace & Blessings. To all of DV. 5 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted March 17, 2017 Report Share Posted March 17, 2017 1 hour ago, Laid Back said: Let's see what the liberation of Mosul brings to the Iraqi people and us.! Hoping for more purchasing power to all. Go liberation of Mosul Go $1:1 Go 2017 Either the timing here is purely coincidental or the grand master plan is coming all together. Call me crazy but I'm convinced that these events happening are paving the way for the grand finale with Iraq being brought back to the international arena. The liberation of Mosul is literally days away, a safe secure banking system is ready to go, international aid pouring in from everywhere, a presidential envoy arriving, Abadi to visit the US next week, IS stomped to death, article after article of talk about the exchange rate, oil flowing literally without disruption, fitch reported a B- with a stable outlook, economic growth of 12%, e cards to everyone, international investment, and on and on...... oh, and Adam has been putting in overtime here on DV and preparing for the main event. I could be wrong but I believe all these events will coordinate and come together when Abadi announces Iraq has been liberated, then DV the REAL show begins. The 21st of 22nd of this month has been knocked around, doubt it will happen exactly on these dates but one thing is for sure, I believe this is the closest Iraq has been since the fall of Saddam to be in the strike zone of glory once again. I know their are many frustrating things happening in parliament right now but I believe they are purposely stalling as to completely drain IS finances and sources of income as to not able them to take any advantage of an RV. 'That's kinda my take DV, and I know the education of what's to come is well underway over there and the light at the end of this tunnel gets brighter every day. Just my 8 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted March 17, 2017 Report Share Posted March 17, 2017 3 minutes ago, Wiljor said: Either the timing here is purely coincidental or the grand master plan is coming all together. Call me crazy but I'm convinced that these events happening are paving the way for the grand finale with Iraq being brought back to the international arena. The liberation of Mosul is literally days away, a safe secure banking system is ready to go, international aid pouring in from everywhere, a presidential envoy arriving, Abadi to visit the US next week, IS stomped to death, article after article of talk about the exchange rate, oil flowing literally without disruption, fitch reported a B- with a stable outlook, economic growth of 12%, e cards to everyone, international investment, and on and on...... oh, and Adam has been putting in overtime here on DV and preparing for the main event. I could be wrong but I believe all these events will coordinate and come together when Abadi announces Iraq has been liberated, then DV the REAL show begins. The 21st of 22nd of this month has been knocked around, doubt it will happen exactly on these dates but one thing is for sure, I believe this is the closest Iraq has been since the fall of Saddam to be in the strike zone of glory once again. I know their are many frustrating things happening in parliament right now but I believe they are purposely stalling as to completely drain IS finances and sources of income as to not able them to take any advantage of an RV. 'That's kinda my take DV, and I know the education of what's to come is well underway over there and the light at the end of this tunnel gets brighter every day. Just my Wiljor, Excellent points and I 100% agree with your analysis my friend. "Liberation Of Mosul" will be completed in the very near term even though the U.S. General states months away however that may be true for eradicating ISIS in other parts of Iraq & Syria altogether but Mosul will be done within 10 days IMHO. We are on the cusp of everything falling in place as you so eloquently stated and yes indeed the dominoes will fall accordingly in our favor. Always Keeping The Faith!! GO RV / RI 4 1 Quote Link to comment Share on other sites More sharing options...
Mask Phantom Posted March 17, 2017 Report Share Posted March 17, 2017 48 minutes ago, Botzwana said: Architecture firm? Wow. My father studied personally with Frank Lloyd Wright. That's phenomenal, I'll one day have my name in lights. 1 Quote Link to comment Share on other sites More sharing options...
nannab Posted March 17, 2017 Report Share Posted March 17, 2017 (edited) Here's a hoping guys! Edited March 17, 2017 by nannab 3 Quote Link to comment Share on other sites More sharing options...
Mask Phantom Posted March 17, 2017 Report Share Posted March 17, 2017 57 minutes ago, Wiljor said: Either the timing here is purely coincidental or the grand master plan is coming all together. Call me crazy but I'm convinced that these events happening are paving the way for the grand finale with Iraq being brought back to the international arena. The liberation of Mosul is literally days away, a safe secure banking system is ready to go, international aid pouring in from everywhere, a presidential envoy arriving, Abadi to visit the US next week, IS stomped to death, article after article of talk about the exchange rate, oil flowing literally without disruption, fitch reported a B- with a stable outlook, economic growth of 12%, e cards to everyone, international investment, and on and on...... oh, and Adam has been putting in overtime here on DV and preparing for the main event. I could be wrong but I believe all these events will coordinate and come together when Abadi announces Iraq has been liberated, then DV the REAL show begins. The 21st of 22nd of this month has been knocked around, doubt it will happen exactly on these dates but one thing is for sure, I believe this is the closest Iraq has been since the fall of Saddam to be in the strike zone of glory once again. I know their are many frustrating things happening in parliament right now but I believe they are purposely stalling as to completely drain IS finances and sources of income as to not able them to take any advantage of an RV. 'That's kinda my take DV, and I know the education of what's to come is well underway over there and the light at the end of this tunnel gets brighter every day. Just my How come the penny is faced in the opposite direction, I believe it gives us the opportunity to face, all of our distant dreams 3 Quote Link to comment Share on other sites More sharing options...
DWS112 Posted March 17, 2017 Author Report Share Posted March 17, 2017 3 hours ago, davis411 said: I'm sorry that I don't remember who said it BUT I remember someone on this forum stating to keep an eye on March 21st...looks like they're spot-on!! March 21st or 22nd is Iraq's New Year (Iraq and Iran, Persian New Year) http://www.officeholidays.com/countries/novruz.php 2 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted March 17, 2017 Report Share Posted March 17, 2017 17 minutes ago, DWS112 said: March 21st or 22nd is Iraq's New Year (Iraq and Iran, Persian New Year) http://www.officeholidays.com/countries/novruz.php DWS112 Thanks, Sure would be nice if the CBI made the "BIG ANNOUNCEMENT" O/A 21 Mar 2017.... 2 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted March 17, 2017 Report Share Posted March 17, 2017 Well now...............my whiskey drink had just gotten that much sweeter tonight!! Thanks guys!! KEEPING THE FAAAAAAAAAAAAAAAAITH!!!! 1 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted March 17, 2017 Report Share Posted March 17, 2017 4 hours ago, Wiljor said: The 21st of 22nd of this month has been knocked around, If it happens on the 22nd Adam is gonna owe me an umbrella drink. 5 hours ago, SnowGlobe7 said: you rock my furry compadre Your furry what Quote Link to comment Share on other sites More sharing options...
sandfly Posted March 17, 2017 Report Share Posted March 17, 2017 Come on .25 1 1 Quote Link to comment Share on other sites More sharing options...
idplzr Posted March 17, 2017 Report Share Posted March 17, 2017 6 hours ago, KDuesing said: That doesn't mean a 1.50 rate is all they can handle, it just means they have it covered with more. Remember if they revalue every dinar in existence goes up the same amount so no matter what it changes to its always covered one and a half times over. A 1 to 1.00 rate or 1.50 would be a sucker rate imop, they have alot of rebuilding to do and having a very hi value will help them with anything they import, and dont let them tell you they gonna keep it low so they can export those strawberry and dates lol. 1 or 1.50 call me a sucker in Belize. Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 17, 2017 Report Share Posted March 17, 2017 2 hours ago, ladyGrace'sDaddy said: If it happens on the 22nd Adam is gonna owe me an umbrella drink. Your furry what It would be nice to think the 22nd is the day but without being a Debbie Downer .. I am not confident because there is so much more that needs to be put into place and Mosul and Maliki need really finalising.. My opinion only and I 🙏that I might be wrong in my thinking ... Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted March 17, 2017 Report Share Posted March 17, 2017 44 minutes ago, NoviceInvestor said: It would be nice to think the 22nd is the day but without being a Debbie Downer .. I am not confident because there is so much more that needs to be put into place and Mosul and Maliki need really finalising.. My opinion only and I 🙏that I might be wrong in my thinking ... OH, it's not really a prediction it was just a joke then I made in one of Adam's weekly chats but it seems to have caught on. 3 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 17, 2017 Report Share Posted March 17, 2017 34 minutes ago, ladyGrace'sDaddy said: OH, it's not really a prediction it was just a joke then I made in one of Adam's weekly chats but it seems to have caught on. Bless you LGD 😊🙏 3 Quote Link to comment Share on other sites More sharing options...
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