Zig’s Place Chatroom News Tuesday AM 9-7-21
Zig: Welcome to zig’s place, a chat room for dinar speculators and others….discuss any topic that you wish here
NORV Do you have any idea how much 80 trillion dinar is?
Dave 80 billion NORV
Dave ouch…wonder how muvh of that CBI could be sitting on and not recirculating it
butterfly Dave Isn’t that close to Maliki’s wealth?
Dave our notes get recircuated as often as I change my undies
Dave butterfly short 16 billionish
butterfly One recent report said it was 72B
Dave printed yes…. printed a bunch 10 yrs ago when those 1st notes were all worn out
Dave those currency auction raking in a ton…… of dinar
Dave Govt employees not getting paid is cash fer awhile now
Dave over a year nowKap?
butterfly https://ninanews.com/Website/News/Details?key=925711 ………………….
Al-Rafidain Bank invites retirees to pay the previous advances and threatens to stop their salaries
Monday 06 September 2021 11:31 …………. Al-Rafidain Bank called on the retired borrowers whose resettlement authority has been transferred to other banks and owed them a previous advance, to pay what they owed.
The media office of the bank said in a statement: “Retirees whose resettlement authority has been transferred to other banks and who have previous advances should review the bank’s branches for the purpose of paying and paying the amounts owed by them,” noting: “The bank will take legal measures against retirees who fail to pay those amounts, from Including stopping the pension, and this will be done in cooperation and coordination with the National Retirement Authority.”
Dave To think …abandon all debt………I wish
Zig Dave : That is what the Gurus always say…that they have been removing the 000 notes for a long time and thereby reducing the money supply…..taking the notes out of circulation….
Dave Zig UMM Gurus….? Got 1 thing Right?
Zig Dave : @Kap would disagree
Dave currency auctions are a fantasy?
Dave Gosh…I may just have to stop watching CNN also
Zig @NORV: So what is your reply to the removing of the 000 notes via auctions, etc….
Dave Drum roll……..
Dave Zig Give it back to those poor people to stuff their mattresses?
Dave Wheel barrows are a possibility to……but to print all those small denoms would destroy CBI
Dave Consider a 1 Dinar note worth 1/15 of a cent……n
Dave Each note printed at a cost of about a nickle ish
Dave Metal Fils……..more……so much fer rebuilding their electrical power supply..ll that copper would amazingly disappear
NORV Zig i have told you many times the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation.
NORV when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand.
NORV And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar
Zig NORV : Yes, I know you have told “me” that many times…lol…at times I ask questions in here when I already know what the answer will be for the benefit of those who have not heard the answers, and when it applies to the discussion at hand….Thanks for replying and now we await a reply from “Dave”…. :Waiting:
Butterfly https://ninanews.com/Website/News/Details?key=925886 …………………….
The appearance of Muhammad Salih to / Nina /: Diversification of revenue sources is linked to strengthening the institutions of the financial system
Tuesday 07, September 2021 ……………………. The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that: Diversification of revenue sources is linked to strengthening the institutions of the state’s financial system.
He told the National Iraqi News Agency ( NINA ) that: The desire to diversify other non-oil revenue sources is linked to strengthening the financial system institutions and modernizing their accounting, control and administrative information tools.
Saleh added that: The Public Financial Corporation seeks, within the scope of its strategy, to adopt global standard procedures based on building coherent bases for financial information and developing its network between spending or spending units, as well as with collection and revenue units.
He explained that: there is a time path that must be crossed during the next few years to reach a very acceptable stage of developing the movement of government revenues and the flow of resources to the public budget in a transparent and coherent manner.
butterfly during the next few years butterfly That is a teller right there
butterfly The media office of Asa’ib Ahl al-Haq stated: “Khazali discussed with the Foreign Minister and National Security Adviser the supposed US withdrawal at the end of this year.” https://ninanews.com/Website/News/Details?key=925954
Doug_W the * biden strikes yet Again eh?
butterfly Doug_W ?
butterfly The Basra Gas Company (BGC) has signed a contract with the Lotus Women’s Cultural Association to launch an empowerment project to train 300 female graduates.
The “Tamkeen” project will train women in the areas of computers, English language and CV writing.
Malcolm Mays, General Manager of Basra Gas Company, said that this contract will develop the capabilities of female graduates to obtaining jobs commensurate with those skills.
Ilham Al-Zubaidi, President of the Lotus Women’s Cultural Association, expressed her happiness with this cooperation, stressing that the process of empowering women is an important task for everyone to implement the provisions of Security Council Resolution (1325) supporting women’s rights.
(Source: Ministry of Oil) https://www.iraq-businessnews.com/2021/09/07/bgc-to-train-300-female-graduates/
Doug_W butterfly pulling troops out
butterfly Doug_W Well we should have never occupied Iraq in the first place. Thanks to GWB for that an Afghanistan.
butterfly With all the money we spent in just those two foreign countries OUR country has gone to the shit pile.
butterfly Shafaq News / The head of Russia’s No. 2 oil producer Lukoil said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output.
In an interview with the Kommersant newspaper published on Tuesday, Vagit Alekperov said curbs on oil output would depend on market conditions.
“Regulation (of output) can be different depending on the situation,” Alekperov said.
“For now September 2022 will mark a milestone when the restrictions should phase out. The company has up to 90,000 barrels a day of idle production, which we hope will be needed by the market.”
Lukoil has said previously that it could reduce its stake in Iraq’s West Qurna-2 oil project. Alekperov said Lukoil remained in talks with the Iraqi government to stay involved in the project.
Alekperov said the Yamama formation at the West Qurna 2 oilfield has proved difficult to tap because it contains high levels of hydrogen sulphide.
butterfly I can’t remember the exact amount that Iraq put in their budget for each barrel but it was around $40/barrel. So they are making a lot of moola
butterfly 2021-09-07 05:19 Shafaq News/ Iraq’s Counter-Terrorism-Service (CTS) terminated an entire group of ISIS operatives in Kirkuk in retaliation to the killing of 13 federal police officers by members of the terrorist organization, an official press release said on Tuesday.
According to the press release, the terrorist group walked into an ambush of the CTS near Ulton Kupri. Many terrorists were killed in action.
The operatives who survived the ambush were tracked by the Global Coalition aircraft that destroyed the safehouse they sheltered in, CTS said. https://www.shafaq.com/en/Iraq-News/CTS-terminates-an-entire-group-of-ISIS-terrorists
butterfly Now there ya go, do not put down your guns or take off your uniforms, like in Afghanistan did after 20 yrs, you can take control.
butterfly https://burathanews.com/arabic/news/399328 ……………… Integrity expects a fraudster to steal the salaries of retirees with forged cards 2021-09-07
Sheila I like what this guy has to say. Some really good hope today. https://dinarrecaps.com/our-blog/news-rumors-and-opinions-tuesday-am-9-7-2021 — Monday Night RV Report from Wolverine:
OK guys, the latest information I received, is that the F&P are over 70% ( need that verified). The German Bonds and Dragon bonds have been paid their 1% in the US only.
I also heard that Iraq was scheduled to sign an agreement with the UN this morning. The framework includes the white paper and the White paper includes the RV.
By endorsing the white paper today, the UN has endorsed the RV. Let’s celebrate yahooooo!!!
Tomorrow Fleming is going to have a special announcement for us and so be prepared. This is a military operation and they have been told to zip it right now and so everyone is being kept in the dark at the moment. Let’s pray that tomorrow is going to be a beautiful day for all of us. God bless you all The Wolverine
Dave sheila Wolverine….???? New CBI Governor….?
Sheila Dave I don’t know the significance or truth of any of that posting by The Wolverine. I liked the hope it gave me. You read, You filter, You discern for yourself.
Dave never heard of Wolverine before
Dave sets fiscal policy fer IRAQ?
Sheila SHIPYARD Act of 2021 – https://www.congress.gov/bill/117th-congress/house-bill/2860/text — A BILL
To appropriate an additional amount to improve the Navy shipyard infrastructure of the United States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Supplying Help to Infrastructure in Ports, Yards, and America’s Repair Docks Act of 2021” or the “SHIPYARD Act”.
SEC. 2. Findings.
Congress makes the following findings:
(1) Since the beginning of our Nation, the four public shipyards that support the United States Navy have continued to be foundational cornerstones of the strategic infrastructure of the United States, and those shipyards will continue to be so in the future.
(2) Although originally built in the age of sailing ships, the shipyards have been incrementally updated overtime, but in 2021, are in need of a generational investment to modernize and upgrade the outdated facilities to ensure they can continue to repair the United States Navy for another 200 years. This Act would provide the necessary authorities and appropriations to make those strategic assets ready to meet the future demands of the United States, while securing and expanding domestic capabilities across many sectors of the economy critical to ensuring the independence of the United States from, and preventing over-reliance, on foreign commerce.
(3) On November 1, 1767, Andrew Sprowle, a merchant and ship owner, established Gosport Shipyard on the western shore of the Elizabeth River, in the Colony of Virginia, under the British flag. The shipyard developed and prospered as both a naval and merchant shipyard, supporting the maritime industry that was critical to the survival of the early colonies and then to the fledgling United States. When the American Revolution began, the infrastructure resident at this former colonial shipyard became a nucleus in the Hampton Roads,..cont.