Post From Wealthwatch.world Chat Room 9-19-15
Wealthwatch Member Chat 9-19-15 Part 2 of 2
Fit2beFit: Isis are scattered all thru out iraq but not in mass, like in the beginning
Donnie: ‹@newbieDA› it's hard to know which articles are from Maliki news groups and the real ones
newbieDA: if I didnt see a possibility of truth, I woundnt even mess with this subject
Fit2beFit: amen again
Donnie: ‹@newbieDA› i believe it's possible. I just hope I live long enough to realize the outcome
newbieDA: ‹@Donnie› my motto, "believe nothing you hear, half of what you see"
Fit2beFit: Cant wait to see Trump go campaign over there lol
newbieDA: ‹@Donnie› honestly, you may not
newbieDA: we just dont know
newbieDA: but the direction it is moving now id forward
newbieDA: all we really know
newbieDA: the only thing this invest is to us right now is about 650 dollars a million IQD at least, guaranteed
newbieDA: no way you can get around that
newbieDA: I wouldnt make a good guru lol
newbieDA: on ebay, maybe 850 per million
newbieDA: under 650, your just a loser
newbieDA: now if I sign the IQD it woth 10% more
newbieDA: my IQD are worth millions, they are signed by Elvis
newbieDA: sorry being funny to be realistic
newbieDA: honestly, I would go homeless, live in the woods and wait for the IQD to do something someday, just me though --never selling
Donnie: ‹@newbieDA› what is your opinion on the timing if the 50k comes out before the new lower denoms? opinion cause no one knows for sure.
newbieDA: if the 50k notes come out hmm
Fit2beFit: if if if if if IFFFFFFFFFFFFFFFF
Fit2beFit: if = iraq lol
newbieDA: if it comes out as a 50,000 dinar note, they are trying to reduce the note count to increase value of the IQD but also...
Fit2beFit: if is IRAQ FUNDAMENTALS lol
newbieDA: if the 50k note comes out and its worth 50,000 IQD but says 50 on it, it is a lower denom
Donnie: ‹@newbieDA› lol i never heard of that case but it's interesting
newbieDA: we have to wait and see very interesting --why I started my notes lol
newbieDA: its a pivot point
Donnie: they said each 50k will replace 2 25k notes so no change in value to the Dinar nor any change in inflation. just swapping.
newbieDA: and at that time it was announced, it was when the CBI on March 3rd said they can "Delete the zeros"
Donnie: swapping to make it easier to have large amounts of currency by hand
newbieDA: ‹@Donnie› right, they did say that
newbieDA: which would reduce the note count
newbieDA: and they want 1.8 notes, why the 100k maybe necessary
Donnie: physical note count yes but not total outstanding Dinar value
newbieDA: but if you have watched the auctions, they have taken out so much already, but we dont have the current note count
Donnie: IMO only CBI has the total
newbieDA: I suspect they are closer than they say, like instead of 4 billion, they have 2.8 to almost 2 billion, very close already : JMHO
newbieDA: 100k will be for kicks or the lower demon category needed
newbieDA: they want 1.8 billion notes minimum circulating
Donnie: it's all a guessing game until i can go to the bank and have the banker pull up the exchange rate
newbieDA: JMHO again but I am a newbie lol -- and I even see that
Donnie: ‹@newbieDA› physical notes? no matter what value each note is?
disciple7: ‹@newbieDA› I heard the 50K - 50 lower denom talk before I believe it started with tman23 at DU
newbieDA: ‹@Donnie› ya note count
newbieDA: they can destroy what ever they need to make the "delete the zero" project happen in progress I am sure
Donnie: ‹@newbieDA› i'd rather have 1.8 billion 25k notes then 1.8 billion 1k notes lol
disciple7: he said if the 50k note comes out with a solid black square next to the #50 we're good if not its really bad...
newbieDA: you ever see a chart of the notes?
disciple7: cant say I believe him though
Donnie: ‹@disciple7› he who?
disciple7: ‹@Donnie› remember tman23 from du?
newbieDA: see that chart, its old
Donnie: ‹@disciple7› TMAN??? i still have no idea where he gets his ideas from - reliable or not - i don't know.
newbieDA: but they have been selling alot USD for dinar and got rid of the 50 dinar since
disciple7: ‹@Donnie› that's what im saying but I believe he started the whole 50K note with a solid black square next to the right of the number 50
newbieDA: ‹@disciple7› dude, thats from banknotes___.com
newbieDA: its official
disciple7: ‹@newbieDA› oh.. well there it is..
disciple7: so theres a pic on the website?
disciple7: of the NEW 50?
newbieDA: we should make sure we are talking about the samething then
newbieDA: no, the old articles
newbieDA: about the 50
newbieDA: you seen it?
disciple7: im gonna look
newbieDA: black square? hmm ya thats jaded
newbieDA: no there is no pic of the new 50 anywhere
disciple7: ‹@newbieDA› his intel is obviously up in the air.. im just saying it started with him I believe
disciple7: ‹@disciple7› isn't that 50 on banknotes.com the one that was just called back not to long ago? http://banknotes.com/
newbieDA: ‹@disciple7› intel lol what you want to know? you want the truth, you cant handle the truth lmao
disciple7: ‹@Donnie› ease it down turbo
disciple7: ‹@newbieDA› I WANT THE TRUTH!!!
disciple7: well time will tell anyway
newbieDA: this one www.banknotenews.com/file...http://www.banknotenews.com/files/tag-iraq.php
disciple7: ‹@newbieDA› theres no pic of 50 note on that page
newbieDA: ‹@disciple7› exactly
disciple7: so what happens if it is a 50k note? do they draw all 25k notes in like they did the 50??
newbieDA: just two
newbieDA: reduce the note count, managed
disciple7: ‹@newbieDA› www.banknotes.com/iq90.ht...http://www.banknotes.com/iq90.htm
disciple7: ‹@newbieDA› gotcha
newbieDA: now that one was recalled
newbieDA: let me put in chat another thing ok
disciple7: ‹@newbieDA› right
newbieDA: Iraq planning new 50,000-dinar note Mar 08, 2012 11:45 AM Category: Middle East According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq.
Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture.
Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.
Keep in mind, for the past four years Iraq has reportedly been attempting to revalue its currency, and just last month it was reported that new notes would be issued in September 2012. Courtesy of Mehdi Kasumov. Tags: Iraq
newbieDA: now this old newbieDA: no pic again
newbieDA: now this all can bull
disciple7: ‹@newbieDA› I remember that article
newbieDA: the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars.
disciple7: new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars.
newbieDA: they have recently said that in one or two articles
disciple7: ‹@newbieDA› that's what I thought so it wouldn't be a physical 50k... Iraqi mind games
newbieDA: but instead of saying "but marked as a 50 dinars", they say delete the zeros" project
newbieDA: so we really dont know
Donnie: that's going to be fun... says 50 but is secretly a 50k note :)
newbieDA: so these notes are a big deal
newbieDA: but will we see them and when, but most importantly, why?
disciple7: it would be BIG if they just rolled them out for show
newbieDA: so now today, we all just say, "believe it when we see it"
disciple7: I wanna see them already
TxBrand: but marked as 50 ??? explain... or what do yall think it means
disciple7: i already believe now i wanna see
newbieDA: I did explain already
disciple7: a 50 note WORTH 50k
disciple7: or whatever
newbieDA: then they are just reducing the notes count
disciple7: just show them already
newbieDA: but if its marked a 50 but worth 50k, then they deleted the zeros, and its a lower denom
disciple7: the fact that we haven't seen them yet not even 1 pic makes me think its not a 50,000 note
Donnie: 50000 x .00086 = $43 so if they say the 50 is worth $43 then it has the same value
newbieDA: ‹@disciple7› :sideways: yep
disciple7: ‹@Donnie› maybe the value changes shortly after? :silly:
Donnie: thus no rate increase
newbieDA: and then the only thing Tla (tlar ?) ever said that made sense when I talked to him that can verify was that it means leading zeros in translation
Donnie: .00086 will equal .86
newbieDA: nope, got something better
disciple7: like 3.86?
Donnie: .00086 x 50k = .86 x 50
disciple7: ‹@Donnie› .86 x 50 = 43
newbieDA: ‹@Donnie› I am not sure
newbieDA: I think .86 all the time too
disciple7: yea well i want 3.86
disciple7: at least im hoping for that #
newbieDA: some say 1.16, which was good too, but not right also
newbieDA: ‹@disciple7› that would be awesome
newbieDA: ** I thought this was a scam, but it has already increased some already, taken years though
Dianne777: so do you think this will be soon?
newbieDA: still think its a scam sometimes when people state dates and stuff
disciple7: hopefully it doesn't take much longer though i think it could but hope im completely wrong
newbieDA: but .00086 in Iraq, you know that cant be true lol
disciple7: ‹@newbieDA› its the people who are scams not the investment : imo
newbieDA: grossly undervalued, its going to pop soon
newbieDA: ‹@disciple7› totally agree
OOTW: THE NEWS SEEMS INDICATIVE THAT THEY'RE STARTING WITH MALIKI'S CIRCLE OF FELLOW THUGS AND MAY WELL BE WORKING THEIR WAY TO THE CENTER ;)
disciple7: once parliament gets back u may be able to add some things to the list
newbieDA: ‹@OOTW› awesome, been saying that, saw that too
newbieDA: that deals with corruption, along with passing the AML law and dismissing over 100 laws from Maliki's reign
newbieDA: and on the security front, 160 US troops in Anbar and now 90 in Mosul
newbieDA: we are rockin
newbieDA: ‹@OOTW› looks like the Investment law is next, what does that do for everyone?
OOTW: the investment law provides regulations for investments to support govt and private sector development
OOTW: domestically and internationally
newbieDA: ‹@OOTW› ty
OOTW: it dictates (in part) contractual laws and contractor's requirements as well as their payments contracts structures - as well as dividends or investment realization
OOTW: these are only a few aspects of the investment law
disciple7: ‹@newbieDA› im thinking we'll see the investment law once Parliament is back