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WARNING!!!  If you don't like reading speculation about why the RV may be imminent, please just skip this post!!!  That way you won't have to get upset and you also won't rain on the parade of those o

In 2016 when Trump won, I felt for those who were shocked and devastated even though I rejoiced.  Will have no sympathy for them this time.

From Delta - Translating Comments On Iraqi Social Media ...               THESE ARE MESSAGES FROM IRAQI SOCIAL MEDIA TO THE NEW CBI GOV..........   "We hope tha

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A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?


2020-07-07
 

image.jpeg.7ec95ca2be677be2eaf973f856f6bbc0.jpeg
  
  

Yassin Iraq: Baghdad


  

A page dedicated to currencies and exchange-rate monitoring posed a serious question looming over “printing the currency”.

The page wrote a post that was monitored by "Yassin Iraq" as well as some comments, which I indicated through the continued pumping and delivery of banks "new currencies", in a sign that raises the question of whether there is a printing of the currency without a cover of gold that threatens inflation and the loss of its value,which is the option that was previously It was proposed by some economists and government officials to address the economic crisis.

The post stated: “Before the printed dinar was new (sulfoned), we would only see it at the beginning of each new year, and after that it disappeared. This year, we entered the seventh month, and the banks distributed all new !!!”

Some comments wrote a different opinion stating that the new edition is based on the foundations of withdrawing the old and damaged currency, and printed an alternative to it with the same value.

 

%D8%B5%D8%AB%D8%B1%D8%B5%D9%82%D8%AB%D8%                 %D9%82%D8%AB%D9%84%D8%AB%D9%82%D9%84%D8%                %D9%8A%D8%B1%D8%A4%D8%B5%D8%AB%D9%8A%D8%

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Comments By MilitiaMan On The Article Above ...

:D  :D  :D 

 

The new edition money is looking to be using poylmer strengthened paper.

imo (Sulfoned) is explained below.

The new currency they distributed may very well be polymer, an anti bacterial currency. Is this a leak or not?

Maybe. It is not the first one we have seen..

The surface of the money that is or can be easily cleaned.

Above all they are suggesting it is delivered now..WOW...

Lets see what they show us next!!

~ MM

 

 - MilitiaMan 

 


"Sulfoned copolymer and method for cleaning surfaces and / or preparing ... -C 18 , M is a hydrogen atom or a cation of the same definition as mentioned above, ..."

Sulfopolyesters for paper strength and process

Abstract
Sulfopolyester thermoplastic resins provide advantages in papermaking processes and in paper products including paperboard. Improvements in wet strength and dry strength of paper products are achieved by addition of sulfopolyester thermoplastic resins and cationic strength additives during the paper making process. The use of sulfopolyester thermoplastic resins in paper products also significantly enhances the repulpability of the paper.
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On 6/6/2020 at 8:08 AM, Half Crazy Runner said:

Set up a meeting with our contractor (we’re adding a room on to our house)

Finalize our Trust and the Trusts for our kids

Call up our friend at the car dealership and order the dream car with all the upgrades

Write down a list of all the charities we plan to donate to

.... I’m going to have a busy weekend!!

 

Thanks Shedagal! This has been fun! 

 

OK HCR, I'm with you on most of these. We also, are adding a room. Will be buying a new truck to pull our larger, newer Camping trailer. Will rewrite/update my charity list, and......drumroll pullleeeezzzee, will call my several creditors with the big news that they will receive a final payment ! WooHoo !!! Finally, even though I haven't smoked in 30+ years, I'm having a ciger and some cognac. Oh my, I can taste it now. Cheers, everyone !!!!🧉✈️:cigar:

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3 hours ago, DinarThug said:

A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?


2020-07-07
 

image.jpeg.7ec95ca2be677be2eaf973f856f6bbc0.jpeg
  
  

Yassin Iraq: Baghdad


  

A page dedicated to currencies and exchange-rate monitoring posed a serious question looming over “printing the currency”.

The page wrote a post that was monitored by "Yassin Iraq" as well as some comments, which I indicated through the continued pumping and delivery of banks "new currencies", in a sign that raises the question of whether there is a printing of the currency without a cover of gold that threatens inflation and the loss of its value,which is the option that was previously It was proposed by some economists and government officials to address the economic crisis.

The post stated: “Before the printed dinar was new (sulfoned), we would only see it at the beginning of each new year, and after that it disappeared. This year, we entered the seventh month, and the banks distributed all new !!!”

Some comments wrote a different opinion stating that the new edition is based on the foundations of withdrawing the old and damaged currency, and printed an alternative to it with the same value.

 

%D8%B5%D8%AB%D8%B1%D8%B5%D9%82%D8%AB%D8%                 %D9%82%D8%AB%D9%84%D8%AB%D9%82%D9%84%D8%                %D9%8A%D8%B1%D8%A4%D8%B5%D8%AB%D9%8A%D8%


Comments By Delta On The Article Above ...

 

:D  :D  :D 
 

 

 

FAMILY THEY ARE TALKING ABOUT THE CURRENCY THAT WE HAVE  AND NOT NEW NOTE..(YET

THE NEW EDITION WITH ALAQ'S NAME THAT WAS PRINTED IN 2018....

PART OF 10K AND 25K HAD POLYMER ..

MOST OF US HAVE THE OLD EDITION BUT NOT THE ONE WITH ALAQ'S NAME...

THEY ARE BOTH LEGAL TENDER...  

 

iraq_cbi_25000_dinars_2018.00.00_b356c_p102_157_1122600_f.jpg  
 

 

iraq_cbi_10000_dinars_2015.00.00_b354b_p101_95_6529465_f.jpg

 

000074medium_gif
 

DELTA

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This doesn’t make any sense from Delta. They know they need purchasing power to rebuild the country and the monies ready. I’m sticking with Lower denominations. 

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15 hours ago, eastcreek said:

 

OK HCR, I'm with you on most of these. We also, are adding a room. Will be buying a new truck to pull our larger, newer Camping trailer. Will rewrite/update my charity list, and......drumroll pullleeeezzzee, will call my several creditors with the big news that they will receive a final payment ! WooHoo !!! Finally, even though I haven't smoked in 30+ years, I'm having a ciger and some cognac. Oh my, I can taste it now. Cheers, everyone !!!!🧉✈️:cigar:


Yes! I also need to update the charity list!  It’s in my head, but I’ve never actually written down names or amounts (of course the amounts will all depend on what rate we get 💰). 

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@Half Crazy Runner and @eastcreek and anyone else who's planning to give to charity, a good way to do that is gift them actual dinar.  According to CPA Bob Adams, this year you are allowed to gift to qualified charities up to 100% of your adjusted gross income - as long as it's a "cash" gift, and the IQD is technically "cash".  So, for every dollar's worth of dinar you give away, you can deduct that total dollar value from the taxable income you have from cashing in dinar for yourself (or any other income you have).  For example,  if you have 10 million dinar and it comes in at $1.00, you could give up to 5 million dinar (worth US$5 million) to charity and deduct that US$5 million against your gain of US$5 million that you have from cashing in your other 5 million dinar for yourself.  You will still own whatever state income tax you owe (0-13.3%) but you wouldn't owe the federal government anything!  And while most people won't give away half of their dinar to charity, still, however much you do give 10% - 20% - whatever you gift to charity in actual dinar,  you are able to write off the US$ value of it against your income to reduce your tax liability.  You can read more below and in that entire thread.  Bob Adams was doing free webinars on tax planning earlier this year but I'm not sure if he's still offering them.

 

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Thanks for the info @KristiD 👍🏻  I’m having my husband manage all the tax ramifications on this for us. He’s a tax attorney, been helping people with situations like this for over 30 years. He’s up to date on all the current tax laws and has been researching the best way for us (and a few of his clients who hold dinars) to proceed once this happens. I just wish they’d hurry up already and do it!!  It’s been a long road, I’m ready to implement the plans!  

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This could be good for us, as he is wrong 99% of the time !

 

FAMILY THEY ARE TALKING ABOUT THE CURRENCY THAT WE HAVE  AND NOT NEW NOTE..(YET

THE NEW EDITION WITH ALAQ'S NAME THAT WAS PRINTED IN 2018....

PART OF 10K AND 25K HAD POLYMER ..

MOST OF US HAVE THE OLD EDITION BUT NOT THE ONE WITH ALAQ'S NAME...

THEY ARE BOTH LEGAL TENDER...  

 

iraq_cbi_25000_dinars_2018.00.00_b356c_p102_157_1122600_f.jpg  
 

 

iraq_cbi_10000_dinars_2015.00.00_b354b_p101_95_6529465_f.jpg

 

000074medium_gif
 

DELTA

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On 7/7/2020 at 5:11 PM, eastcreek said:

 

OK HCR, I'm with you on most of these. We also, are adding a room. Will be buying a new truck to pull our larger, newer Camping trailer. Will rewrite/update my charity list, and......drumroll pullleeeezzzee, will call my several creditors with the big news that they will receive a final payment ! WooHoo !!! Finally, even though I haven't smoked in 30+ years, I'm having a ciger and some cognac. Oh my, I can taste it now. Cheers, everyone !!!!🧉✈️:cigar:

Louie Trey for me Please!

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Always enjoy the "Kristi" threads.....seems to lead people into informative conversation...

 

For my "value added".....see below.......

 

I tend to look at this event beyond the IQD .......the world is in debt over $250 trillion bucks......and again, that much in derivatives.......simply unsustainable......it either breaks......which will be very ugly.......or it is changed.....so explains my hopeum.....   CL

 

==========

 

Matterhorn - GoldSwitzerland Logo

Matterhorn Asset Management AG
          tel: +41 44 213 62 45

 
 

 

 

BROKEN WORLD ECONOMY CANNOT ESCAPE SCYLLA & CHARYBDIS

July 10, 2020
 
by Egon von Greyerz

As the world economy desperately tries to navigate to a safe harbour, is it going be pulled down by the six-headed monster Scylla or the Charybdis whirlpool (Homer’s Odyssey). It seems likely that Scylla is now starting to swallow parts the world before Charybdis will finish it off. A world severely weakened by debt and mismanagement is unlikely to have the strength of Odysseus to pass both obstacles without disastrous consequences.  

scylla.jpg

HISTORICAL WEALTH DESTRUCTION ABOUT TO START 

  • The global monetary system is about to collapse and with that the world economy
  • After 50 years of mismanagement and excesses, the world is now in intensive care
  • Trillions of printed dollars created the illusion of all being well on the Western Front 
  • MMT – Modern Monetary Theory supports the ludicrous printing actions 
  • But MMT is Money Making Tomfoolery
  • Tens of millions are furloughed or lost their jobs – no problem just print more
  • Your company is going bust –  print some more
  • Leisure industry is collapsing – just print more 
  • Government deficit surging – no problem, print unlimited amounts
  • 2006-9 was the rehearsal with the grand spectacle starting now
  • With the Dow up 5x and Nasdaq 10x since 2009, why worry
  • Because debts have doubled since 2006 to $275 trillion with risk up exponentially
  • World had another warning in Sep 2019 with panic printing by central banks
  • Who cares about warnings – stocks can only go up
  • Of course nobody took warning seriously as stocks went to new highs in Feb 2020
  • Stocks are just reacting to money printing as fundamentals are deteriorating 
  • And tech stocks are still in euphoria just like 1999. We all know what happened then
  • Here is the crux – Stocks topped in Feb 2020 & the correction up finished on June 8
  • Our proprietary cycles confirm that June 8 is the market correction high 
  • Illusion of a V recovery will be crushed
  • Market crash is imminent. It could start slowly but it could also be violent
  • The catalyst is irrelevant. It could be anything like CV-19 or a bank failure
  • The next leg down in stocks will shock a world which is totally unprepared
  • Dow has lost 67% against gold since 1999
  • Further fall in stocks of 95% in real terms (vs gold) is guaranteed 
  • Dollar has lost 85% against gold since 2000
  • US dollar and all currencies will race down to intrinsic value of ZERO
  • Big shock will be collapse of debt markets and skyrocketing rates
  • Get ready for a summer-autumn of horrors and discontent

DON’T MISS THE LAST TRAIN TO GOLDVILLE  

  • Gold and silver will continue to reflect the destruction of paper money 
  • Gold will quickly reach $2,000+ and silver $23-25
  • Major gold & silver shortages coming
  • Medium/long term targets higher than anyone can imagine: $10k – $50k?
  • Protect yourself against bankrupt financial system &  failed currency system 
  • Hold physical gold as life saving insurance
  • Gold and silver is for everyone not just the wealthy 
  • You can buy one gramme of gold for $60 or one tonne for $57 million
  • One ounce of silver is $20 and a tonne is $580k
  • Store it safely outside a failing banking system 
  • For bigger investors hold the metals outside your country of residence

We have had all the warnings.

Don’t let Charybdis pull you down.

 It would be irresponsible not to take immediate 

action to protect your family and your assets.

 

 
 
 

Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45

Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.


GoldSwitzerland.com


Articles may be republished if full credits are given with a link to GoldSwitzerland.com.

 

   
 
 
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On 7/8/2020 at 9:34 AM, KristiD said:

@Half Crazy Runner and @eastcreek and anyone else who's planning to give to charity, a good way to do that is gift them actual dinar.  According to CPA Bob Adams, this year you are allowed to gift to qualified charities up to 100% of your adjusted gross income - as long as it's a "cash" gift, and the IQD is technically "cash".  So, for every dollar's worth of dinar you give away, you can deduct that total dollar value from the taxable income you have from cashing in dinar for yourself (or any other income you have).  For example,  if you have 10 million dinar and it comes in at $1.00, you could give up to 5 million dinar (worth US$5 million) to charity and deduct that US$5 million against your gain of US$5 million that you have from cashing in your other 5 million dinar for yourself.  You will still own whatever state income tax you owe (0-13.3%) but you wouldn't owe the federal government anything!  And while most people won't give away half of their dinar to charity, still, however much you do give 10% - 20% - whatever you gift to charity in actual dinar,  you are able to write off the US$ value of it against your income to reduce your tax liability.  You can read more below and in that entire thread.  Bob Adams was doing free webinars on tax planning earlier this year but I'm not sure if he's still offering them.

Thanks, kristiD. good info !

 

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On 7/8/2020 at 11:41 PM, slb said:

This could be good for us, as he is wrong 99% of the time !

 

FAMILY THEY ARE TALKING ABOUT THE CURRENCY THAT WE HAVE  AND NOT NEW NOTE..(YET

THE NEW EDITION WITH ALAQ'S NAME THAT WAS PRINTED IN 2018....

PART OF 10K AND 25K HAD POLYMER ..

MOST OF US HAVE THE OLD EDITION BUT NOT THE ONE WITH ALAQ'S NAME...

THEY ARE BOTH LEGAL TENDER...  

 

iraq_cbi_25000_dinars_2018.00.00_b356c_p102_157_1122600_f.jpg  
 

 

iraq_cbi_10000_dinars_2015.00.00_b354b_p101_95_6529465_f.jpg

 

000074medium_gif
 

DELTA

 

 

Hope Hope Hope.......

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