Friday Afternoon Dinar Chatter
[duffy2] Ogerena: February 7 Pay Debt Deadline .. IQD Will Enter The Forex Market. U.S. Congress asked to pay their debts currently totaling 17 trillion before Feb. 7.
According to the U.S. Treasury secretary, Jacob Lew in a letter to Congress to raise the ceiling before Feb. 7, otherwise the U.S. will come back legally. Many expected that the U.S. will go bankrupt before 14 January, but they can be a capital injection in the 1 trillion.
Unfortunately it was not enough value for their ever-increasing debt and the U.S. do do something before Feb. 7. There is an expectation that a large capital injection will appear shortly (by flotation dinars). That's why our money is expected to fall to a level equivalent to 3.60 usd 1 ringgit later this year.
Because the U.S. economy will be stronger after this. Their currencies to rise. But provided that their debt is settled, and cash capital injection will be injected trillions of dollars into the U.S. economy. It all depends on the increase IQD itself.
If not, they will not have a significant cash value to be obtained in the near future. That's why many U.S. leaders held official meetings with Iraqi leaders. Hatta speaker of parliament was itself met with Senator John Kerry, Vice President of the U.S. itself. The time will come soon. Rumors that the IQD will be traded in the forex market, it is not impossible things can happen.
We know that the FOREX market is the largest market, bigger than the stock market. Even one day of the transaction is estimated to total 1 trillion dollars. If Iraq goes into the forex market, of course it's very good for the Iraqi currency. Matawanag IQD will be affected by the sale and purchase activities (imports and exports) between foreign countries with Iraq and it will raise the value of Iraqi currency itself. Self FOREX trading 24 hours a day and 5 days a week and it certainly boost IQD currency market itself. So what else do we want arguable the Iraqi currency.
Wait time only and everything is possible in this world .... I receive this from a international iqd dealer now http://jutawan-dinariraq.blogspot.com/2014/01/7-februari-tarikh-akhir-bayar-hutangiqd.html?m=1
[xyz] DV? .. World currencies are falling fast, but the IMF says there's no reason to panic
[xyz] Pakistan central bank chief resigns ahead of IMF loan review http://www.globalpost.com/dispatch/news/afp/140131/pakistan-central-bank-chief-resigns-ahead-imf-loan-review
xfiles954 :imagine going into scotttrade wanting to sell stock and you were told, “sorry only special people can sell their stock since it is 1000 dollars a share you have to wait till all these people are done and when it comes down to 50 dollars a share we will let you sell yours”
Canada Goose: THINK OF THIS GUYS: ONCE IT GOES LIVE AND INTERNATIONAL, YOU HAVE LEGAL TENDER, IT MUST BE EXCHANGED LEGALLY
Daz: WE WILL GET PAID..IT WILL HAVE TO GET A LOT WEIRDER FOR THAT NOT TO HAPPEN..THE CURRENCY IS VALID, WE BOUGHT IT LEGALLY...WE'LL EXCHANGE IT LEGALLY. THE CURRENCY IS LEGIT, I HAD A LAWFUL RIGHT TO BUY AND OWN IT AND, I WILL HAVE THE SAME RIGHTS TO EXCHANGE IT. THEIR IS NO PUBLICLY AVAILABLE PUBLICATION OR NOTICE STATING THE IQD WILL EXPIRE AT ANY DESIGNATED TIME. THE ONLY KNOWN TIME RESTRICTION APPLIES SOLELY TO THE ISSUED CONTRACT RATE FOR THE OPTION IDENTIFIED AS IQN.
Frank26: I wish to plant some questions for our Family to consider and post to.
IF ......... You were Cashin ....... Which four currencies do You feel he wanted to change in value this past Sunday?
Do You feel all four would have gone up on value?
If a country's banks have no currency .......... Is the next step to canabolize the Citizens or the Government?
Of the 160 plus currencies ............ Why UST only talk about ........4?
How would You feel IF ........Saudi Arabia joined forces with Iraq? Like .......... Kurds..... Iran ..... BIS .... ? What if SA was ......... Happy?
Not a question but study this ............ Dow Chemical Company in SA.
1) China, Russia, Iraq, UK, all have been pulling back, can't hold that tide forever
2) Up, maybe UK down
3)Citizens, like the other countries, Greece and such
4) This will make a change worldwide, opening for the other countries changes
5) Join forces? question of the day, are they bringing in those they have supported? Happy, with DOW coming in there is diversification to their economy, they should be happy
Just my take, probably wrong on all accounts
Dow to Invest in Water Technology in Saudi Arabia
aggiedad77 » January 31st, 2014, 2:24 pm
IMO....Family this could be an even bigger venture for Dow than the petrochemical complex in the above article....creating the ability to deal with water that is less than drinkable quality and make it pure is a great process....also taking water that is too heavily salted from either the sea, or from oil or gas wells that produce water (which is common) and making that same water safe for industrial use is HUGE....because otherwise the oil and gas company would have to find some means of disposal and that is very costly.
Aggiedad77: Its that time again.....ready for the Friday morning news summaries:
Commission announces the distribution of  thousand electronic voter's card during last week
Well there have been 400,000 electronic voter cards distributed....out of 6 million last week....I'm thinking they need to up the rate just a bit to get them all out.....and in the meantime there are plans for a media blitz on how to use these new cards....wondering if this will mean no more blue ink on the finger.
Qabbanji: included the $ 5 budget is a legitimate right and just and must come together both the House and the Cabinet to pass
I'm shaking my head over the petrodollar issue, the COM has issued a letter to the Parliament that stated the $5 was in place, but there still seems to be concern over the issue. There is encouragement that the April 30 elections will be held on time. As far as the issues with the proposed new provinces go....there needs to be studies of the law so that "things don't turn into a mess"...well that sure makes sense. From an international standpoint, the Iraqi's want to assure others that what is happening in Syria is not their goal or plan for Iraq. The Iraqi's urge the government of Behrain to not encroach on the citizens and the Shiites there.
Religious authority calls for measures to facilitate access to electronic card and say to the politicians: Ahtqankm impact negatively on citizens
WOW....something that makes sense....let the religious authorities take responsibility for disbursing the electronic voter cards and get the politicians to sit and come to an agreement on their issues. There also needs to be education for the people who will be using these cards for the first time.....there needs to be little confusion at the polling places when it is time to vote....good luck with that. These cards may be a good idea, but it sounds like to me they are already in a state of confusion over them, not having a firm game plan in place on how to get them out to the people.
Talabani's party gives the three leaders of the powers of the secretary general
Talabani's party the PUK, has given power to the three leaders who have been essentially leading the bloc in Talabani's absence, and they will be seen as functioning in the capacity of Secretary General. They talk of being totally transparent with public meetings. This will be interesting to see how they operate in this capacity going forward.
Abdul-Mahdi: does not make sense to pass the five dollars to the enjoyment of powers
The leader of the Islamic Supreme Council of Iraq, a former VP, says that the $5 petrodollar is too much....he goes on to say that it becomes a major contradiction for those who want to apply Law 21.....at this point I have not read that.....so can't comment on it.....the Council of Ministers reversed their original input to the budget on Tuesday to raise the petrodollar from $1 to $5 after hearing an overwhelming complaint from the oil producing provinces on the issue.
As lunch time approaches....here is this morning's news summaries. Randy
go to the 7.45 mark and start listening.
around the 10 minute mark he says "It looks like their currency is about to revalue"[/color]