Post From Wealthwatch.world Chat Room 11-3-15
Wealthwatch Tuesday PM Chat 11-3-15 Part 2 of 2
chattels: Kurdish parties supported Iraq’s current Prime Minister Abadi to form a Cabinet- after Maliki was forced out of office in December last year, in return for the KRG’s frozen monthly budget. But Kurdistan’s minister of natural resources, who administers oil exports from Kurdish-controlled territories—including from the vast Kirkuk oil field—said Abadi did not deliver his promises in regard to the revenue sharing.
chattels: Kurdish lawmaker, Ashwaq Jaf, said “no mutual trust” exists at the moment between the KRG and Iraqi government, which is why she thinks a third party should be present at the coming meeting.
“A delegation from either the US or the UN could come to the meeting as the third party so that Kurds are not accused of undermining the agreement,” Jaf told Rudaw. She said one of the reasons Kurds supported Abadi’s Cabinet was US and UN insistence
“The Iraqi government has clearly violated the agreement, now they (the US and UN) should come with us to the meeting, because we already know Baghdad will not abide,” she added.
Doug_W: sounds like trouble in Paradise
NearTheSea: Sounds like the same ole crap too me, one excuse after the other, will these fools ever get it together?
Donnie: ‹@NearTheSea› NO!!!
Donnie: Like it or not - the RV will come when the Dollar devalues thus the Dinar will increase in value. When the dollar goes down the market rate of other currencies go up. Thus how currency pairs values work.
disciple7: XE: IQD = 1122.0000
OOTW: THANKS DISCIPLE
OOTW: IRAN'S SOVEREIGN CREDIT RATING IS UPGRADED
Doug_W: wouldn't it be a kick if Irans Rial got a boost B4 Iraqs IQD
kk1: isnt illegal to purchase or trade it in the us?
Doug_W: I THING SINCE THE SAMCTIONS ARE GONE ...NO
Doug_W: think Doug_W: I can tell you I own some
kk1: any good suggestion on where to buy it
Doug_W: Can't say OOTW said NO dealers
Doug_W: try Ebay
kk1: aaah can we really trust it from ebay you think
Doug_W: that is an individual choice
Doug_W: did U see Irans credit rating ^^^^
Doug_W: [11/03/2015 04:06:24 PM] OOTW: IRAN'S SOVEREIGN CREDIT RATING IS UPGRADED
max: no what is it?
Doug_W: B+ now
max: wow thats great
Doug_W: very interesting development IMO
max: 4 sure
Doug_W: ond day soon may I borrow that black light again?
max: lol max: lol any time
Doug_W: I have 10 new bills I wanna check Doug_W: ty
max: igot 5 yesterday
Doug_W: 100's ?
Doug_W: cool Doug_W: hold on to them tight lol
max: i will
Doug_W: time to finish supper Di will B here in a min
chattels: Interior Minister: the agreement with the province on the national card project :: 2015/11/3 23:30 • Interior Minister: the agreement with the province on the national card project [Baghdad-where] Interior Minister Mohammed Salem Al Ghabban announced an agreement with the Kurdistan Regional authorities on the unified national card project. chattels: www.alliraqnews.com/modul...
chattels: Iraqi government launches national card project • July 25, 2015 Iraqi Dinar News iraqdinar.us
chattels: Corruption / delivery of benefits, security and voting may be improved thereby.
chattels: Estimates to official financial cost of this project, which provides reduced official cards for the Iraqi people one card, will increase from $ 400 million, because it will ensure more than 30 million cards and record, and convert them into digital information using devices and systems up to date. - See more at: www.oneiraqidinar.com/min...
chattels: ERBIL, Kurdistan Region—Six Peshmerga soldiers and policemen were killed Tuesday evening when ISIS militants and suicide bombers attacked the small Kurdish town of Dubis south of Kirkuk, local police said. Brig. Sarhad Qadir of the Kirkuk police told Rudaw that four militants managed to break into the mayor’s office after the building was attacked by four suicide bombers.
The town police whose compound is adjacent to the mayor’s office responded to the militant attack and engaged them in an intense firefight. chattels: rudaw.net/english/kurdist...
chattels: 11-3-2015 Newshound Guru Kaperoni Article quote: "The recommendations stated on several alternatives to make up for the deficit in the financial budget instead of the new peace, most notably float currency for the high price of the dollar against the Iraqi dinar..."\
My take is Saleh is telling Abadi to forget about the salary scale and just float the dang currency! I'm for getting off the peg and let it rip good or bad. I really don't see how it could go down with the Investment Law on the books and the soon to be deposit insurance act. Iraq is about to receive a huge influx of capital for investment. Only one way to go...up.
chattels: 11-3-2015 Newshound Guru Enorrste Article quote: "The recommendations stated on several alternatives to make up for the deficit in the financial budget instead of the new peace, most notably float currency for the high price of the dollar against the Iraqi dinar..."
This ties in with the other recent article that stated that the CBI was going to go "on the attack" with respect to getting the dinar value raised. Now this article is saying that Abadi is behind the plan all the way. I won't be surprised to see the dinar released to a float prior to the end of this year or early in the next.
TxBrand: Congress Moves to Label Muslim Brotherhood a Terrorist Group freebeacon.com/national-s...
TxBrand: wow... that opens a LOT of questions
TxBrand: maybe that's why all of those families left Houston lol
TxBrand: I wonder if they have a registry lol
MichelleL: ‹@TxBrand› lol
Donnie: let it float so when the dollar tanks the Dinar will soar!!!! :)
Donnie: China Lifts Renminbi Fix By Most In A Decade 11/3/2015 0 Comments November 2, 2015 China lifts renminbi fix by most in a decade Lucy Hornby The renminbi is the official currency of the People's Republic of China, and translates to “people's money.”
Its international symbol is CNY (or CNH in Hong Kong; but abbreviated RMB China’s currency weakened against the dollar on Monday despite the sharpest rise in the daily renminbi fix in a decade.
The People’s Bank of China bolstered the midpoint of the range within which the currency is permitted to trade by 0.54 per cent — the most the fix has been reinforced since 2005, when the renminbi was unpegged from the US dollar.
OOTW: THANKS DONNIE
OOTW: THANKS CHATTELS I'M EVER CAUTIOUS WHEN ANYONE GIVES A TIMELINE BUT INTERESTING COMMENTS BY KAP AND ENORRSTE
OOTW: AND I'M WITH KAP....LET IT RIP....JUST DO SOMETHING ALREADY
kk1: wow, wait didnt Kap say to about .05 cents beginning 2017
TxBrand: Michael Kaperoni @kaperoni · 1h1 hour ago Former Deputy Governor of the CBI and now economic advisor to Prime Minister Abadi -Mohammad Saleh tells the PM to float the dinar.
TxBrand: ‹@kk1› don't remember
kk1: Kaperoni [With AML and investment laws done would it be reasonable to think that we may be close.] I am sticking with the schedule the CBI stated..50k by end of year, and 50,100, 200 by beginning 2017.
If I am correct, we will see them spend the next 2-6 months reducing the notes count and getting in compliance with the IMF (the IMF even said they are sending a team to help with compliance beginning of 2016) and then around mid 2016 they will unpeg and the dinar will begin to rise creating enough pressure to raise the value to about .05 cents beginning 2017 (which would make the 50,100, 200 appropriate).
TxBrand: would .05 really help them that much ?
kk1: sorry, but i followed him for a while , i have never ever in my investment seen anyone hop back and fourth on statements more then him and his group
kk1: i professional currency expert got on one of his calls and asked both him and Enorrste real questions and they both backpeddaled and couldnt answer then disconnected him, after that i was done
kk1: a professional currency expert
TxBrand: ‹@kk1› ic
kk1: my father retired from a federal reserve bank out of Chicago, so he tought me a little
kk1: and hes good friends with Charles Evans
lonegunman: .5 not on par with the saudi currency which is around .26 , or surrounding countries! sorry IMO 1 to 1 they have been talking about for years
lonegunman: float from an imposed rate ?
TxBrand: ‹@kk1› is your dad still living ? if so what does he think about the dinar ?
lonegunman: we all have an opinion and this is mine !
TxBrand: ‹@lonegunman› what do you think it will float from ?
kk1: ‹@TxBrand› yes he is, he bought some and never talks about it
TxBrand: ic... cool
MichelleL: whats this about kap being optimistic? throws me for a loop
lonegunman: ‹@TxBrand› IM just a dope !! but bear with me .. for years they have said raise the zero's and drop the zero's ! ..... two different meaning's num, 1 from the currency num 2 from the .00086 to .86
TxBrand: ‹@MichelleL› lol
MichelleL: I remember kap talking a dime back in 2009
lonegunman: me myself .86 86 cents to 1.37
MichelleL: or was that 2010? who remembers anything
TxBrand: ‹@lonegunman› that's where I am too... because they explained it to the people once that made it about that
MichelleL: lonegunman - will you go all in there?
MichelleL: lol lonegunman i've got my memory, my face and the rest of me fell years ago
lonegunman: ‹@MichelleL› ‹@MichelleL› go all in where ?
MichelleL: at anything near a buck
lonegunman: at 86 cents ?? ** yes im packen large !!!!!!!!!!!!!! lol
TxBrand: ‹@lonegunman› she mean cash all of your dinar at around 1.00
MichelleL: you know what? with all that money I can hire a body double for the next wedding lol
TxBrand: im out and never looking back,,, hope I never hear the word dinar again
lonegunman: ‹@TxBrand› ‹@TxBrand› I second that
MichelleL: now if i could only figure out how to hire someone to diet for me, i've got it made
kk1: 26.00 to 3.86 to .05.....its been hilarious
MichelleL: Tx I'd be temped at a quarter
TxBrand: and I don't want to read a name I cant pronounce
lonegunman: ‹@kk1› ‹@kk1› ‹@kk1› yes it has
lonegunman: ‹@MichelleL› .25 is good too !!
MichelleL: yup lgm
MichelleL: kk1 haven't seen you around - i've been scarce but i'm familiar lol
lonegunman: ‹@MichelleL› ‹@MichelleL› just want to seee it move !!
kk1: i have the name kk1 since okie
kk1: he was the first chat room and web, just when ali started selling dinar
lonegunman: ‹@kk1› okie OMG !!
TxBrand: at .05 I can buy my house and live happy ever after
lonegunman: ‹@TxBrand› ‹@TxBrand› we can only hope
MichelleL: i'll do well at .05 on the dong, good enough
MichelleL: ‹@kk1› I never did okie lol
kk1: he was a riot kk1: ali started dinartrade back then
MichelleL: ‹@kk1› I got phone calls in the middle of the night from his followers to "get packed" for years
MichelleL: I was with ali at the start
MichelleL: okie's people - I had to ban the phone numbers from anyone I knew who flew with okie
kk1: yup kk1: so many broke off from okies and started thier own
MichelleL: kk okie's place didn't start till around 2010 or 2011, he was an "honored guest" in other rooms lol lol
kk1: ‹@MichelleL› no okie's place stated way way before then
MichelleL: ‹@kk1› I guess I never heard him except as a guest on others' calls and so forth, guy is nuts, but so are all dinarians - who am I to talk
kk1: oooh yes kk1: bondlady, setvens, pat pat they all started up
kk1: hammerman, tnt, Koonce, dan, they were all hilarious
BOBBY: We got bank stories on recaps lol lol
TxBrand: ‹@BOBBY› oh good... I like reading them and hoping they are true lol
BOBBY: TxBrand..... lol ...... i love me some tnt bank stories lol
MichelleL: tell me a bank story, I'll consider it a fairy tale
TxBrand: ‹@BOBBY› what is it under ?
BOBBY: TxBrand....... the bits and pieces header
TxBrand: Pastor John : GA family. Here is a fact that just happen to me at tier one. I asked about the dong and was quote .41 but pending. Just happen. God Bless. TxBrand: pending lol lol lol
MichelleL: roflmao~ Tx at .41 for the dong, I'm ready to party
BOBBY: MichelleL. .... did you see it on recaps?
MichelleL: wait, what did i do with those dong????
BOBBY: its on under the bits and pieces header.... about the 4th article down