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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Thursday Night 12-28-17 Part 2 of 2
Spectra: @Sergio so what you think about the ATMS ..AND ALL THIS?
Spectra: @Sergio In iraq?
Sergio: @Spectra did not hear about them. But was talked about them in 2011 when I first bought.
Spectra: @Sergio I guess they have the new ATMS READY /
Spectra: @Sergio so much as i hear?
Sergio: @Spectra to me no big deal depends on what currency comes out of them
Sergio: @Spectra usd or Iqd
Spectra: @Sergio but with those Atms we alll want too see the lower denoms
Spectra: @Sergio right
Sergio: @Spectra true that
Spectra: @Sergio i mean if they dont spit out some lower denoms they might as well spit out cupcakes right ?
HERMAN: DONT TAKE ANYBODY SERIOUS THAT HAS BEEN CALLING THE RV FOR THE LAST 8 YEARS I HAVE BEEN IN THIS AND NEVER BEEN RIGHT
Spectra: @HERMAN absolutely :Thumbs-up !
HERMAN: I JUST KEEP READING, LOOKING FOR THE END OF THIS BIG BOOK, SO I CAN START A NEW BOOK LOL
Spectra: @HERMAN me too
HERMAN: OK BACLK TO WORK I GO
TheGifted: @jwflatt how are they profiting?
blackgold: If someone says its happening tomorrow or in a few days, Its BS. If someone gives you a rate,its BS
blackgold: But many do give us some good info and news that most of us are to lazy to look up
Zig: @tman23 : Sure...Blame me for bringing you here!... :Really? ...LOL....Could you tell us a bit more about this if possible?...."have real contacts inside Iraq..... have real business dealings from associates taking place there"....
blackgold: @Zig Heyyy good to have ya back ,hope everything was ok
blackgold: @Zig LOL get'em Zig
jwflatt: @Spectra A lie is a lie whether you believe it or not
jwflatt: @Spectra Just because you do not believe it does not make it any less correct.
xyz: Kurdish leader: Erbil is more responsive to Baghdad than any other time .. The crisis will be resolved in this period
xyz: Amin said in a press statement (Baghdad Today) that there are "real efforts to resolve the crisis before February next and the return of things to normal."
blackgold: @xyz Thanls for the news, but we all know that will never happen
blackgold: @xyz I sure hope so
xyz: @blackgold we do?
Tebow: @XYZ black gold in Dr doom & gloom
xyz: @Tebow :laugh
tman23: @Zig ....... I was out of pocket for 2 months and not in this chat room...... I came in , Chattels greeted me with a where have you been...... I told him on business out of country and it is real bad ......... to much detail is to close to home for public forum........ but just pisses you off when you read inside intel from boots on ground that just isn;t so...... and watch people reading with baited breath hanging on every word that is some guys speculation over a news article presented as super inside intel........
blackgold: ARE the ATMs up and running or not?
JC: What I don't understand is how the ATMs are up & running but nothing is coming out of them!
Spectra: @blackgold good question ? ask the guy with connects with boots on the ground...Eh'/
blackgold: The BS is the ATMs have been running for years now
Spectra: @blackgold TRUE
blackgold: How could a large bank like the Baghdad bank function without them
Tebow: untrue. ATMs can't handle the large size notes!
blackgold: Question is do they have low denoms
Tebow: google it
blackgold: I did doesn't come up
Tebow: @blackgold try again LOL
JC: There are no low denominations until the CBI officially announces them! Fact~
Spectra: @Tebow BS THOSE ATMS CAN HANDLE LARGE NOTES...wHAT ABOUT VIENTAN THEVE BEEN USING atms with their large notes for years now .....
Spectra: @Tebow if vietnam can why not iraq/
JC: You would also have a least 30+ days to educate the public before officially releasing them!
Spectra: @Tebow i think its false rumor >>>
Spectra: now do those look like large notes or not?
Spectra: perhaps this rumor of the ATMS NOT RECONIZING LARGE NOTES IS A TOTAL LIE...? ANYONE EVER THINK THAT ...i DO !
blackgold: @JC They had 14 freekin years
Spectra: I for one do not believe they dont have the technology to make those ATM'S dance if they want believe me they can read what ever they program them to read ....
JC: i could see the ATM handling $25K, $10K & $5K notes. The new ATMs handle multiple denominations up to 4.
Spectra: More BS.....
Spectra: @JC :yes:
Tebow: @Spectra it the SIZE (phyiscal) not the number of zeros on the notes!!!!
JC: IQD notes not USD
Spectra: @JC well yes
Spectra: @Tebow the size of the denomination ..ok that's better..
Tebow: all bill must be the same size!!!!!
JC: Again you would have to educate the public on any new denominations. they did that when they introduced the 50K notes and removed the 50 notes.
Spectra: @Tebow in figurative meaning not too big! in measurement or denomination which one
Tebow: size not value
Spectra: @JC i rememeber that quite well as to not confuse the people
Spectra: @JC with the 500 the article stated
Spectra: @JC so they pulled the 50 right
JC: The 25K, 10K & 5 K are the same size. I don't know about the 50K.
JC: Yes supposedly
blackgold: People forget when all that currency was blown up and then nothing more said, just wondering if that was the lower denoms they blew up just to delay this transaction
Spectra: @blackgold good point...
blackgold: we may never know. Currency cost a lot of money to print
BobS: Rafidain launches the ATM service in Iraq Updated 27/12/2017 2:33 PM Baghdad / Dinar / .. The Bank of Rafidain ATM service in Iraq through the completion of electronic payment card (master card and other payment card) held by the citizen to withdraw his money in any place.
The bank said in a statement received by JD / CC: The opening of the international electronic ATM service center to provide excellent banking services to citizens and employees for the purpose of withdrawing funds when needed. He pointed out that this step also limits the risk of the exposure of various segments of citizens to thefts that the money they carry through this card will not be visible. (End) 22 /
BobS: Foreign and liquidity reserves 28/12/2017 0:00 Mustafa Mohamed Ibrahim Known foreign reserves ((Foreign Reserves as denominated assets in foreign currencies under the control of the monetary authority of the central bank by the reserves management system and be available under the act on a permanent basis for many purposes
including support for the monetary authority to maintain the stability of the currency normal systems of internal and external payment and traffic and ensure to obtain liquidity in foreign currency for intervention in the foreign exchange market or the availability of temporary liquidity of foreign currency in exceptional circumstances.
And that foreign reserves should be owned by the monetary authority located at their disposal and are liquid and marketable knowledge of foreign currency convertible and take several forms, including foreign currency, and deposits in foreign banks, gold cash and special drawing rights and the center of the reserve at the International Monetary Fund and the remittances of Treasury foreign countries thereof ,
which preserve the monetary authority . Because there is a difference between foreign liquidity and reserves, Valsaolh foreign ((Foreign Liquidity is the total assets of gold and international currencies used to finance international trade and the settlement of payments between countries or it monetary and financial resources at the disposal of the monetary authority in the foreign exchange market,
as it cash resources foreign channels and leakage of resources owned by the monetary authority, which represents the monetary authority liabilities to residents and non - residents as well as foreign liquidity focused on items inside and outside the cash landlocked central African oil.
BobS: While we note foreign reserves accumulated part of the stocks of international liquidity , which is used to support confidence in the value of the currency and maintain the exchange rate and the prevention of the deficit in the balance of payments and any exceptional circumstance, the foreign reserves are the foreign assets owned by the monetary authority and represents the liabilities of the central bank 's budget on non - residents as it focuses foreign reserves on the balance sheet of the central bank.
The reserves are changing depending on the means taken by the central bank to achieve its objectives if the central bank wanted to maintain the local currency exchange rate enters as a seller or a buyer of foreign currency through the auction for the purpose of access to a particular exchange rate.
Can also be exposed reserves to the loss is exposure to risk and maintain reserves Kaltqlebatt in the prices of global exchange is an indication of the government 's ability to repay foreign debt and attracting foreign investment and determine the state 's credit rating, so the central bank to control the instruments of monetary policy is directly developed towards achieving an optimal monetary policy and to maintain reserves of foreign.
Spectra: support confidence ?? nah' i think they are loosing confidence..
Spectra: They dragged their feet too long!
forest54: Interesting paragraph taken from this 2014 short video regarding ATM's ........ http://www.nasiriyah.org/ara/post/55155 TV: Rafidain Bank in Dhi Qar confirms that the introduction of ATM depends on the sounding of the currency Wed, 10 Dec 2014 at The introduction of ATM in the markets and banks is dependent on the implementation of the decision to delete zeros from the Iraqi currency, pointing out that the Iraqi currency suffers from large inflation in time Present.
Spectra: @forest54 Thank you i rember that! very well.
forest54: Here is a translation from the second link on youtube....Alnasiriyah TV. Published on 9 Dec 2014 SUBSCRIBE 4.9K SUBSCRIBE SUBSCRIBED UNSUBSCRIBE Said the director of the Rafidain Bank in Dhi Qar Hussein Abbadi in a televised interview broadcast by the local Nasiriyah that the introduction of ATM in the markets and banks are subject to the implementation of the decision to delete zeros from the Iraqi currency, pointing out that the Iraqi currency suffers from large inflation at the present time.
forest54: @Spectra YW....Notice that the person talking is the director of the Rafidain Bank in Dhi Qar Hussein Abbadi
Spectra: @forest54 super very very god indication we are going to see a move soon.
Spectra: @forest54 Really Thank you alot for the research going back it helps alot..
Spectra: @forest54 each puzzle piece gives us the whole picture.
forest54: @Spectra...no worries!! Glad to contribute when I come across things of interest!!
Spectra: @forest54 :)
Spectra: @forest54 you have a great eye .Be sure if you stumble across any more bring it in!
forest54: @Spectra .....no problem!!
Spectra: That is a very telling sign ...somethings brewing!
forest54: @Spectra ...the question I present now is, since 2014 could they change the ATM technology so it can support both ends of the currency spectrum from 000 to low Denom's
forest54: @Spectra ...no one can answer that question. It is a matter of wait and see.....
Spectra: @forest54 Good question ...we should find out soon enough ..That is what i think.
Tebow: forest54 I'd lay odds those ATM's were not made in Iraq.
Tebow: they buy whats out there. Bet no two type of currency machines have been created.
forest54: @Tebow ....I 100% agree with that. I to0 have my doubts that one ATM machine can have the ability of going from 00's to 000's. Unless it is a simple calibration process to go from one to the other
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