Post From Dinar Updates
BGG Q & A Chat Room Excerpts & Highlights 8-12-16
7shelia says():What exactly was to take place with the Amnesty Law today BGG?
BGG says():anyone on that comment??
Soonergirlie says to BGG():it is being voted on Monday
aminmaine says():any news on Jabouri and the heart attack
BGG says to 7shelia():our researchers tell us the 1st draft will be in Parliament over the weekend... NOT DONE OR VOTED ON!! maybe Monday.
7shelia says():TY BGG
BGG says to 7shelia():that is the difference between REAL INFO AND B$!!
quicktolegit96 says():3 READINGS OR 1?
BGG says to quicktolegit96():Obviously - not even 1 yet... "Draft" = 1st??
Knucklehead says to BGG():I know ppl are offended by just about everything these days but still dont understand how one can be offended by info
quicktolegit96 says():I CAUGHT THAT PART, BUT WAS WONDERING IF THEY COULD SOMEHOW MAKE IT LAW AFTER ONE READING,..LOL
BGG says to Knucklehead():We - as a people - have to get over being OFFENDED at everything. Our enemies use it against us. It is our GREATEST WEAKNESS.
Knucklehead says to BGG():AGREED! But still doesnt answer the ?
BGG says to Knucklehead():Easy - it's doesn't line up with their BU!!$4!t.
aminmaine says():there are so many more important things in life. some people have such small minds that they dont have any lights on! those kind of people i just shake my head and keep going
Robl says():I have read that once a country tries to cater to all minority groups (not skin color) that this is the destruction of that society. This is what is happening all across this country and in fact.... right here in this room. You provide a FANTASTIC place for all of us. Time to take a stance.
kalis says():the gen amensty law may be voted on next week
BGG says to kalis():That appears to be correct.
BGG says to kalis():they will work over this draft, read it a couple of times and go from there. It appears close.
truth... not internet jibberish.
kalis says():this is moving
BGG says():Holly1 shares from her contacts daily!! That's real.
kalis says():fast to . what happen to make them move so fast now
BGG says to kalis():Easy - IMF, WB, UN - M-O-N-E-Y!! No ticky - no washy!!
1bobby says to BGG():On a scale of 1 to 10, how excited are you about UN intervention into Iraq corruption files? Any comment on how that may play out? Thanks
Dinar Dave says to BGG():(lol) Now that's funny....lol
BGG says to 1bobby():9 - it's why things are moving so fast.
Abadi has the support of MUCH BIGGER DOGS than Maliki.
BGG says to 1bobby():and that is why
kalis says():all i can say is wow and I own dinar .yepper
quicktolegit96 says():Do you still feel ASN?
BGG says to kalis():I am with you - I own - and am GLAD!!
bibi says():Me too!!
kalis says():i really do not see this going more them few more weeks not month ... Next month will be something .
kalis says():then opps
Ming says():BGG - do you know if banks will have a limit of how much dinar a person can exchange?
BGG says to kalis():I know a few very good sources that feel before the end of the year is not unrealistic. here's why
BGG says to Ming():not possible
BGG says to kalis():they aren't really under the thumb of this current US Admin...and they have no clue where the next one will go...
Ming says():Thank you
BGG says to kalis():this "interim" is a great place to do what they feel needs done - one of the reasons you see so much aggressive movement on the currency front.
cricket22 says():I keep hearing about the dollar might collapse. Do you have any thoughts on that? And if it happens to collapse, how would that effect us Dinarians once Iraq RV's?
kalis says():hmm so oct nov or dec could be it wow for them get all they need to move to move the value . that is understandabke they are re inventing the wheel over there
BGG says to kalis():Just passing along their sentiments
BGG says to cricket22():that is not impossible... but - if it's what you are hearing on TV - that's from GOLD peddlers... happens every year at this time.
cricket22 says():Not Tv, but videos.. Thanks
BGG says to cricket22():However, I - personally, have spent the last 3 years getting OUT OF DEBT - ENTIRELY.
BGG says to cricket22():because I think the same thing is coming - in some form. today - tomorrow - I do not know - but I am preparing.
Ming says():Bgg other than getting rid of debt, what else are you doing to prepare?
BGG says():I want no part of it. I did this to be prepared for whatever happens in the future. I talked about it then - and am still convinced... no matter what the EXACT TIME LINE IS.
wvchsr says():Are there any benefits for Iraq to keep the program rate they have in place now or will it start hurting them economically?
BGG says to wvchsr():OMG - There is NO BENEFIT... it is KILLING THEM... AND - they are not entirely the ones that say "go"...
BGG says to wvchsr():They have been shown "the door" - they are doing everything in their power to get thru it...
Dinar Updates Friday After BGG Q & A Chat Below:
SRW says to BGG():There have been articles brought in by Rcookie stating the need for a higher value and the auctions being eliminated in time. I'm confused now!!
Rhampton says():Hello, on Bloomberg today, congress is trying to pass a bill so an agent (i cant remember what agent) can look into everyone bank accounts and tax them. I thought was very strange. Did anyone else see that?
Dinar Dave says to Rhampton():Countries are dotting their I's and crossing their T's with people who avoid paying taxes.... Be careful.
cjgoals says():Does anyone have information about the recent suggestions or article that the CBI will float the dinar on the forex?
Dinar Dave says to cjgoals():Every currency in the world floats... Even the US dollar...lol I wouldn't worry about it to much...lol
cjgoals says():I am trying to figure out if there will be a float or managed float of the dinar and how would it and the delete the zeros program work in conjunction. I can see the CBI going with a managed float. That way they have some idea of getting the value close to a dollar. At around the same time the lower denominations would be released. Eventually the CBI will go with a free float when price fluctuation stabilizes. Of course this is my opinion.
BGG says to cjgoals():Wow - how about we just figure it all out while we're at it :D
BGG says to cjgoals():the only thing you left out there is the corruption issues... :D
Dinar Dave says to BGG():(lol):D
cjgoals says():Not worried about it, just trying to find articles for more information. However with a lack of liquidity in the streets, the 50 dinar notes, being removed, kinda makes me think that the delete the zeros program which I feel we are currently in is positioning the dinar to float.
Reduces the note count which we know they are doing, lack of liquidity which has been reported, and limit or stop the dollar auctions. All this leads to an appreciation of the dinar through supply and demand. Just my thoughts regardless if they float or stay pegged lets see increase in the value of the dinar.
Cigoals says():Yes doing away with corruption is very important.
BGG says():I don't know about float - but certainly "positioning" to do something... and that is EXCITING.
cjgoals says():I have a question that I have been pondering on all day. There was an article form 2013 by the Planning ministry talking about WTO and the GOVI raising the value of the dinar and getting the Rasheed and Rafidian banks reforms done.
Now a few weeks ago we had some article stating that the same two banks are 97% completed with their reforms. How do you guys and ladies think these two articles tie in together with each other?
RickeyT says to Rhampton):That has been happening for a few years.
cjgoals says to RickeyT():Yes, its been an ongoing process and I am trying to see just how much weight the recent reports about these two banks being 97% complete with refroms hold.
RickeyT says to cjgoals():I am hopeful but not counting on it.
sheila3 says to RickeyT():iam sure counting on it and soon :)
Read More :http://www.dinarupdates.com/showthread.php?38702-Friday-August-12-2016/page2