.IQDCalls Chat Tuesday Night 4-2-19
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday Night 4-2-19
Baxter NEW YORK, April 2 (Reuters) - Oil prices hit their highest of 2019on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Brent futures reached a session peak at $69.50 a barrel, the highest since Nov. 13. The global benchmark was 13 cents, or 0.2 percent, higher at $69.14, by 10:58 a.m. EDT (1458 GMT).
Goofus What the heck do they do with all of their time? They meet about 4 times a month -- and I guess chase camels the rest of the time. Why can't they vote on that with in the next 2 or 3 days?
Young SC A Parliament spokesperson is on Iraqi TV stating that the names for the remaining cabinet positions will be presented and voted on after the April 9 albeit this is a direct contradiction from Sunday's TV announcement of the cabinet selections being concluded this week. Time Will Tell.....if it even matters?
A World Bank representative was interviewed and stated that after the cabinet completion, the Iraqi economy will experience a remarkable recovery.
That announcement in Monday's mosque session indicated something very noticeable taking place by Tuesday evening.....so, wait we shall!
Young SC What does that mean??
Zig Dave : Probably taking a break.....
Young SC On the 9th after the 9th?
Dave never filled minister positions
Dave Defense and Interior Ministers by proxy only
Young SC Dave i meant are they gonna do it on the 9th or after the 9th?
Young SC Voted and presented on after the 9th it says On? After? Lol
Dave Young SC if they did, that would show some ambition
Goofus Dave Too busy chasing camels
Dave the longer we wait gives Alaq more time to suck in some more dinar at the auctions.....
Dave that would make Bax and Sparky happier
Tebow News, Rumors and Opinions Tuesday Afternoon 4-2-19
TNT: Tuesday UPDATE for April 2, 2019. That announcement in Monday's mosque session indicated something very noticeable taking place by Tuesday evening.....so, wait we shall!
JoeSchmoe idk..is tony learning to choose his words better?
Chattels Iraqi PM Abdel-Mahdi decides to delay law case in International Court against Turkey for buying oil from Kurdistan. Case to be delayed 5 years. Case originally opened by former PM Abadi.
Young SC Alak has stated no float whatsoever prefers fixed rate but yet some in this group listen to kap instead what comes out of Iraq
Young SC I posted the article twice 2 months ago solid proof
Young SC But yet kap still conquers all
Dave Young SC what was it months ago......?
Dave been arguing with him for yrs
Young SC Dave it was an article from 2017 december from the CBI GOVENOR alak stating about why they will not float the currency
Tebow Zig "If the New Iraqi Dinar enters any other form......"If"
Dave Young SC similar discussions over the yrs
Young SC Dave He went into details
Dave Young SC thought we wore that out yrs ago
Young SC And that they prefer the fixed rate
Young SC Dave not sure. I wasnt here years ago lol
Dave Young SC been there done that
Sandyf People should be aware that Article 14 is a one way street.
14. Under the Fund’s Articles, a member may formally notify the Fund of its acceptance of Article VIII obligations. Such formal notification has certain legal consequences.
A member is subject to the obligations of Article VIII, Sections 2, 3, and 4 as soon as it becomes a member of the Fund; no formal acceptance of these obligations is necessary. The only legal consequence of a member’s notification of the acceptance of Article VIII obligations is that the member can no longer rely on Article XIV, Section 2 to maintain or adapt the exchange measures it had in place on its date of membership.
Once it notifies the Fund of its acceptance of the Article VIII obligations, it loses the right to rely on Article XIV, Section 2 forever.
sandyf The IMF have been making demands in respect of Article 8 for years.
1. The Fund’s legal framework provides the basis to actively promote the liberalization of member countries’ current accounts. The Articles of Agreement set out legal obligations which effectively promote the free convertibility of members’ currencies for payments and transfers for current international transactions.
2. The last detailed discussion of countries’ acceptance of the obligations of Article VIII, Sections 2, 3, and 4 (hereinafter referred to as “Article VIII obligations”) took place within the framework of the 1992 biennial review of the Fund’s surveillance policy.
2 At that time, the Board “agreed that many members have availed themselves of Article XIV for too long and should take appropriate steps to remove remaining restrictions.
Therefore, the staff will intensify its efforts to encourage countries to accept the obligations of Article VIII, especially in those long-standing cases where there are no restrictions subject to Articles VIII or XIV.”
sandyf Countries under Article 14 The member countries that make use of the transitional arrangements under Article XIV are Afghanistan, Angola, Bhutan,Bosnia and Herzegovina, Burundi, Eritrea, Ethiopia, Iraq, Kosovo, Liberia, Maldives, Myanmar, Nigeria, São Tomé and Príncipe,Somalia, South Sudan, Syria, and Turkmenistan.
ANNUAL REPORT ON EXCHANGE ARRANGEMENTS AND EXCHANGE RESTRICTIONS 2017
sandyf @Baxter the zim did redenominate today... however.. it is the new zim currency.. which no one has
The redenomination was in Feb 2009 when the currency ZWR was replaced by ZWL at a ratio of one trillion to one.
In April 2009 the ZWL currency was suspended but remained an active ISO code. ZWL banknotes have been available on ebay since they were introduced.
Firefarmer Young SC I say no..... when you hold a 25000 dinar not then it becomes an 25 dinar note and it will buy the same product
firefarmer the only way that you dinar becomes a different value is to decouple from the American dollar then it can increase value as the US dollar value drops
Portmagaland That sucks.
Tebow firefarmer who told you that?
Portmagaland I want to quit my jobsssss, I cant with that.
Portmagaland I was hoping the dollar would drop and they would raise the value at same time. Meet in the middle.
Young SC Tebow Thats why i didnt respond to firefarmer
Young SC Portmagaland what are you talking about
Young SC Dollar would drop and raise the value at the sametime?
Young SC Where are u guys getting your info from?
Dave Young SC Sounds like Kap 50 25 dinar notes to buy that coke........
Dave 3 zeros off the 1000 dinar notes............ wonder what 1 dinar will buy ya
Portmagaland Sorry guys Uber called. Just what Trump said about currencies playing on a more leveled field.
Dave Cbi can do what they want Portmagaland Trump Running CBI now?
Portmagaland Dave Art of the deal
Dave Trump paints like Renoir?
Portmagaland Nope just paints money
Portmagaland Trump knows money and hes on our side.
Young SC Lolo @ this whole trump nonsense
Dave Calling Andre wrong?
Young SC Portmagaland you kidding me right?
Portmagaland He wants to bring manufacturing back, but he cant unless the dollar drops, so the rest of the world can afford to buy our stuff.
Portmagaland Can the world afford to buy American products now?
Portmagaland That aren't made at Foxconn in Shenzchen
Dave Young SC Gas 1.57/liter regular here today
Young SC Dave yes i seen it on my way home
Dave 2 bucks premium
Young SC One thing for sure that i know about this dinar investment is that i find alot of individuals mislead or ill informed with bad information fed by false gurus or people who do not follow relevant info so that they can feed others with the correct information
Dave Young SC you figure?
Dave Young SC I pick, my battles......
Portmagaland Trump said it, so I guess ur implying hes misleading?
Young SC Dave when that happens it just creates massive confussion all over the place
spankie by penalizing imports w high duties we will bring back manufacturing and companies that have left usa- no use being abroud w same profits
Dave He has been around for awhile just not yet part of the matrix
Young S Dave firefarmer?
Young SC Firefarmer sounded lost with his incorrect information
Young SC Lol And now his ill informed info is gonna confuse others
Young SC Its like a cycle
Dave I say stuff like that speaks for itself
Portmagaland I agree, he didn't follow it up. But I'm basing my claim on Trump's comments and I guess in a way, Tump is a guru
Portmagaland Spankie, I dont understand your take on tariffs, but when other countries tax our American companies out of competition in their countries, well .. ..
Portmagaland Korea is terrible, China was so bad, I told my family to stop sending me stuff in the mail because they'd tax me upon receipt more than whatever they sent me cost.
Portmagaland That's real
Portmagaland This is one reason our trade balance is out of wack and the value of the dollar is another. Trump says hes working on both. If the dollar drops in value and if the rumors are true that the U.S. is holding a ton of dinar in reserves, then our national debt gets some help.
Portmagaland But I know, I'm the misled sheep in this chat, it's like territorial surfers here.
Whitelions Portmagaland There atw
Whitelions Portmagaland Portmagaland I hate text on my phone
Whitelions Portmagaland Lets try this again
Whitelions Portmagaland ok on my lap top you and a lot of people are depending on the USA holding dinar in the Treasury, what you don't understand is the Treasury is privlety owned and will not blance our budget.
Whitelions Iraq has 10 years to ask for the dinar back from banks thats where they will make their money we will make it when they revaue and cash in at the banks.
Tebow Whitelions ;clap
Portmagaland White lions sorry done ubering for the night. The fed is privately owned and our Hope's are that Trump ends that game by having the U.S. treasury start printing our own money without interest attached to it like the current system.
They killed Kennedy for trying to do this and Trump has a picture of Jackson in his office because they share the same sentiments towards the Fed
Portmagaland Supposedly Kennedy was going to back the dollar with silver and the reason the Titatnoc sank was because the big players that opposed the Fed back in 1913 were on the Titanic. Within a month of the Titanic sinking the Fed was born.
Portmagaland JP Morgan financed the building of the Titanic and both he and Milton Hersey, the chocolate guy, canceled their trips on the Titanic and were players of the creation of the Fed.
Portmagaland John Astor the richest man in the world, who financed Tesla, and opposed the creation on the Fed, ended up being fish food via the Titanic.
Portmagaland As well as Issa Staus of Levi's fame as well, fish food
Portmagaland Then again, there's always the James Cameron version.
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