Post From Dinar Updates
Chat Room Excerpts & Highlights
BGG News Time With Q & A Part 2 of 2
BGG says():IMHO - the IMF TOLD them to start including everyone - quit letting ISIS tear up the northern parts of Iraq - which, BTW - the Shia led GOI was only too happy to let go on - this was Sunni on Sunni violence... their enemies were busy setting fire to each other - the Shias have been busy staying out of the way and making sure everyone had plenty of matches!!
this includes the Kurds...
a CBI branch in Erbil
doesn't sound like a "Kurdish separatist state" any time soon to me...
BGG says():Here's another question I want to cover...
"...ask Mr BBG tonight to maybe going over why the delay in revalue of dinar and what he think is coming down the road . so many are confuse that nothing happen in june and july first week . when try to ask but some on the chat are so rude and belittle someone when they ask why" ??
BGG says():This was a ?? sent to me via PM...
First off - "delay in the revalue of dinar" implies that anyone (here on the web) "knows" when it was supposed to happen - this assumption is flawed. This is not the case - highly unlikely anyone has real "fore-knowledge" of such an event...
however, referring back to my earlier comments - what do we KNOW??
according to the SIGR report - this was plainly supposed to have been done in 2013 - AT AROUND A BUCK...
this is information delivered to the US Congress. I doubt it is inaccurate.
why was it delayed?? The CoM plainly stated their reasoning. Looking at their comments then and now - it looks like they are rapidly addressing these issues.
if you have any doubts - see said post at the beginning of every News Day in the "Current Iraq News Thread" in the Forum.
the June/July thing has been wildly over blown AND I think everyone is missing the significance - THEY ARE RE-INTEGRATING with the world now...
and are still THE MOST UNDERVALUED CURRENCY there is...
"Grossly undervalued" is the terminology used by economists...
GOOD FOR US.
there reason some sound rude - is they have heard the same question 42,000 times...
"why ain't ahhhh rich yet"??
BGG says():we try to study - and show ourselves approved... share our findings - and then the only thing one can think to ask is - "ARE WE RICH YET"??
I hate to break this to you all - there are a LOT OF PEOPLE IN HERE who don't have enough Dinar to be - TRULY RICH... after there is a real shift in the value of the Dinar.
BGG says():and the questions show it.
if you have a million IQD and are able to exchange it at 1:1 for USD - and you live another 20 years - you had better start out VERY - VERY - VERY FRUGAL... cause that AIN'T RICH... (it's actually just enough to get you in all KINDS OF TROUBLE) D
My observation only. 2 quick points and then some questions...
poppy123 says to BGG):AMEN
BGG says():Abadi is still pushing forward on all kinds of reforms - Shammari got sacked today and supposedly Ghabbani too... we'll see.
dinar dave says():PLEASE REMEBER.... ONLY BUY WHAT YOU CAN AFFORD.... PLEASE.....
BGG says():There is lots of news out confirming and talking about the first installment by the IMF getting sent to Iraq... (sooooo cool - it is being sent "incrementally" - based on their implentation of "reforms") - ask yourself
at what point is "currency reform" on their check list...that is the question you SHOULD BE ASKING.
of course - and if you do buy... stay away from these SHADY DEALERS (which includes MOST OF THEM).
(bunch of CON ARTISTS)
BGG says):BTW - I have been approached by a couple of them lately... they bought themselves some PR - just not the kind they will like
IndyOrphan says():So who are the good dealers anymore???
Viper says():I a may ask who would you suggest to buy from?
BGG says to IndyOrphan():None that I know of.
Nomad says():BGG I won't make it another 20 years, so I guess I am ok! LOL
BGG says to IndyOrphan():one you can get to do a COD - so you don't get your money tangled up when they get shut down.
BGG says to Nomad():Well - none of are gonna' make it out of this alive. You are not alone...
BGG says to Nomad():of us...
cricket22 says():How much would be considered enough to be RICH?
BGG says to cricket22():My point is to get people thinking... about being smart. Rich is a bit of a relative idea... but way more than most people think.
cricket22 says():Ok, thank you!
7shelia says():So where are we on the list of reforms BGG?? How far down the list? Have You seen anything that tells us?
BGG says to 7shelia():Moving forward. Abadi will get his way - the Maliki bunch was only able to stall things a while. It will never go back to the way it was (for them).
coco1 says():It was a while back, but I read somewhere the average amount of dinar Americans are holding is 50k. If that's even remotely close that's not a lot for the long term.
dale says():BGG : Any thoughts 9n the progress of the cabinet reshuffle and the possibility of reaching a quorem to get the important laws passed?
BGG says to dale():My point exactly - not even close...I think that is all soon. Abadi will get that done.
mel says():I see many past dealers were aided by XXXX, and are now shut down. Is the dinar we bought from them good????
BGG says to mel():You can have it checked - I doubt they were intentionally selling bad Dinar...
mel says():thankyou hun
BGG says to mel():just running poor business models and making so much money...
mel says():I just went to the site i got it from, and i got that message they were in a lawsuit, and i couldnt access the dinar page anymore
dale says():BGG : Thanks
BGG says to mel(): wealth does NOT build character... it only reveals what was always there.
mel says(): hahalol I didn't think it was to me hahalol
BGG says to mel():Well - that is going to happen more and more - which Dinar dealer - if you don't mind??
mel says():I just hope my dinar is good, seeing as most if not all past dinar dealers dealt with sterling
BGG says to mel():no - not all.
mel says():well mine did
BGG says to mel():Who??
mel says()XXX XXX and XXX or maybe it was XXX XXX ? i dont remember
BGG says to mel():XXX and XX believe the world revolved around them...
mel says():who are they and does that mean their dinar is no good?
BGG says to mel():there are plenty of shady dealer who got shady all by themselves.
david334 says():why would someone counterfeit a bill that all the security measures built in at a loss?
BGG says to mel():no - it does not... that is a much different level of crime altogether. I doubt that...
mel says():I would hate to have spent the last two years hoping for this, only to have it all be for naught
BGG says():OK gang - that's it for me tonite... Good News Time??
carxpress: Comment -- -- regardless of how much, or how little Dinar we hold .. DO NOT forget to put 40 to 50% aside for taxes!!!
BGG says():Good nite everyone...
larrykn says to BGG():thank you for a great newstime
Dinarian1 says to BGG():Thank you BGG
carxpress says():Good Night .. AND THANK YOU (as always)!!!!!
MrsBGG says():Thank you'all for joining us for NewsTime!! Thank you subgirl and magnetlady for copying!! Thank you Mods and copiers!! Thank you updaters!!
watson1 says():i thought the income tax would be 20%
clay01 says():Thanks BGG always very appreciated, thanks you for your time and effort to bring us what you see and hear
Read More :http://www.dinarupdates.com/showthread.php?36782-NEWSTIME-WITH-BGG-Friday-July-8-2016