Luigi1 Posted June 21, 2022 Report Share Posted June 21, 2022 Luigi found this article of Dinarian interests... Iraq Liquid Natural Gas is going global. Treat as a rumor. Not verified. Your opine. Bond Lady's Corner: Article: For the first time in the history of Iraq, Basra exports the first shipment of semi-cooled gas through it's Umm Qasr port. It's a great achievement for the Basra Gas Company & for Iraq, where we are , today. This step gives us the opportunity to export natural gas, globally via tankers. The first shipment is EU bound. 2 2 3 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 21, 2022 Report Share Posted June 21, 2022 1 hour ago, Luigi1 said: Bond Lady's Corner: Article: For the first time in the history of Iraq, Basra exports the first shipment of semi-cooled gas through it's Umm Qasr port. It's a great achievement for the Basra Gas Company & for Iraq, where we are , today. This step gives us the opportunity to export natural gas, globally via tankers. The first shipment is EU bound. The big question is How did Iraq get paid? in USD or IQD? And what rate did they use? Still 1,460? 3 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted June 21, 2022 Author Report Share Posted June 21, 2022 20 minutes ago, rvmydinar said: The big question is How did Iraq get paid? in USD or IQD? And what rate did they use? Still 1,460? Iraq is the only OPEC nation still on the PetroDollar as far as I know. Iraq will continue to use the USD until their own currency is accepted by the people or it revalues. CBI is building up it's foreign reserves by nearly $2 Billopn a month & it's oil sales by nearly $3 Billion a month. This is not good for us investors. Iraq can hold off the RV indefinitely with all this new wealth coming in. IMO. 1 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted June 21, 2022 Report Share Posted June 21, 2022 1 hour ago, rvmydinar said: The big question is How did Iraq get paid? in USD or IQD? And what rate did they use? Still 1,460? Most likely 1460. 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 21, 2022 Report Share Posted June 21, 2022 5 hours ago, Luigi1 said: Iraq will continue to use the USD Only oil revenues get paid by the USD. for daily transactions ( like buying basic necessities : buying clothes, rice, etc ) , do iraqi people still use IQD or USD ? 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 21, 2022 Report Share Posted June 21, 2022 5 hours ago, WheresmyRV? said: Most likely 1460. Yep. The rate still remains the same since devaluation that took place since december 2020. And we can only hope for a rate change in the future. 1 Quote Link to comment Share on other sites More sharing options...
Sage449 Posted June 22, 2022 Report Share Posted June 22, 2022 Barack has been working on this since 2003, 2004. Worked with them in field, 18 years to market... 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 6 hours ago, rvmydinar said: Only oil revenues get paid by the USD. for daily transactions ( like buying basic necessities : buying clothes, rice, etc ) , do iraqi people still use IQD or USD ? not for long.....russian is paid in gold backed ruble....soon china, iran saudi arabia 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 for iraq to use dinar they must have an increase in purchasing power and exchange rate must change parity 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 11 hours ago, Luigi1 said: Iraq is the only OPEC nation still on the PetroDollar as far as I know. Iraq will continue to use the USD until their own currency is accepted by the people or it revalues. CBI is building up it's foreign reserves by nearly $2 Billopn a month & it's oil sales by nearly $3 Billion a month. This is not good for us investors. Iraq can hold off the RV indefinitely with all this new wealth coming in. IMO. unitl iraq makes the move as part of nesara and a gold backed asset backet currency they will remain with USD but soon 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 12 hours ago, rvmydinar said: The big question is How did Iraq get paid? in USD or IQD? And what rate did they use? Still 1,460? lets not forget the war started because iraq wanted the euro 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 22, 2022 Report Share Posted June 22, 2022 7 hours ago, screwball said: not for long.....russian is paid in gold backed ruble....soon china, iran saudi arabia So does that mean when the IQD RV one day, we will trade in dinar for gold? 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 22, 2022 Report Share Posted June 22, 2022 7 hours ago, screwball said: lets not forget the war started because iraq wanted the euro However, iraq still use USD instead of euro in the iraqi country. Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 16 minutes ago, rvmydinar said: So does that mean when the IQD RV one day, we will trade in dinar for gold? no it means their currency will be valued against gold and oil etc and probs gas. you will trade for USD if in country USA. Quote Link to comment Share on other sites More sharing options...
screwball Posted June 22, 2022 Report Share Posted June 22, 2022 14 minutes ago, rvmydinar said: However, iraq still use USD instead of euro in the iraqi country. they will use dinar in country.......they have to they cant use USD for ever.... Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 22, 2022 Report Share Posted June 22, 2022 7 minutes ago, screwball said: no it means their currency will be valued against gold and oil etc and probs gas. you will trade for USD if in country USA. Thanks. I got it. 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 22, 2022 Report Share Posted June 22, 2022 7 minutes ago, screwball said: they will use dinar in country.......they have to they cant use USD for ever.... Exactly. When the dinar becomes stronger one day, then the iraqi will start using IQD instead of USD. 1 Quote Link to comment Share on other sites More sharing options...
Sage449 Posted June 22, 2022 Report Share Posted June 22, 2022 Autocorrect, didn't catch it. Basra not barack 1 Quote Link to comment Share on other sites More sharing options...
Smokey Mtn. Dinar Posted June 22, 2022 Report Share Posted June 22, 2022 7 minutes ago, Sage449 said: Autocorrect, didn't catch it. Basra not barack Thanks for the correction. I thought you knew something about barack that we didn't! 😉🙂 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 24, 2022 Report Share Posted June 24, 2022 On 6/22/2022 at 9:44 PM, rvmydinar said: Exactly. When the dinar becomes stronger one day, then the iraqi will start using IQD instead of USD. might be sooner than what we think, have yo seen the news about the BRICS countries launching their own payment method and will trade oil and gas in their on currencies, this is the end of the Petrodollar........Russia, China, India, Brazil and South America......another Equador is another country just announced about to go bankrupt....mass riots there and india.. 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 24, 2022 Report Share Posted June 24, 2022 https://economictimes.indiatimes.com/news/international/world-news/brics-working-on-new-global-reserve-currency-and-alternative-mechanism-for-intl-payments-vladimir-putin/articleshow/92407851.cms 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 24, 2022 Report Share Posted June 24, 2022 “The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” he said at the BRICS business forum. According to the Russian president, the member states are also developing reliable alternative mechanisms for international payments. Read more at: https://economictimes.indiatimes.com/news/international/world-news/brics-working-on-new-global-reserve-currency-and-alternative-mechanism-for-intl-payments-vladimir-putin/articleshow/92407851.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst “The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” he said at the BRICS business forum. According to the Russian president, the member states are also developing reliable alternative mechanisms for international payments. Read more at: https://economictimes.indiatimes.com/news/international/world-news/brics-working-on-new-global-reserve-currency-and-alternative-mechanism-for-intl-payments-vladimir-putin/articleshow/92407851.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 24, 2022 Report Share Posted June 24, 2022 Earlier, the group said it was working on setting up a joint payment network to cut reliance NSE 0.67 % on the Western financial system. The BRICS countries have been also boosting the use of local currencies in mutual trade. Read more at: https://economictimes.indiatimes.com/news/international/world-news/brics-working-on-new-global-reserve-currency-and-alternative-mechanism-for-intl-payments-vladimir-putin/articleshow/92407851.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 24, 2022 Report Share Posted June 24, 2022 4 hours ago, screwball said: might be sooner than what we think, have yo seen the news about the BRICS countries launching their own payment method and will trade oil and gas in their on currencies, this is the end of the Petrodollar........Russia, China, India, Brazil and South America......another Equador is another country just announced about to go bankrupt....mass riots there and india.. Yep. I saw it before. And sri lanka also announced about to go bankrupt because of a huge debt. Hopefully, Iraq isn't one of them. Quote Link to comment Share on other sites More sharing options...
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