Wealthwatch.world (Chat)

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chattels: “The Federal Court decided on Tuesday to postpone consideration ……………………. to challenge the decision of the abolition of the post of Vice President to the 24th of this month.”

chattels: Joel Wing ‏@JoelWing2 4h4 hours ago Iraq VP salaries suspended their future still up to courts

TxBrand: good news for us ..I think www.yesimright.com/putin-…


TxBrand: End of ISIS? Putin ‘sending 150,000 soldiers to Syria to WIPE OUT evil Islamic State’

chattels: Progress in / near Fallujah : ” People crowd reopen and secure the strategic road along the 20 km north of Fallujah ” wealthwatch.world/showthr…

chattels: [T]he Iraqi Central Bank denied, the news about the disappearance of $ 10 billion of it. wealthwatch.world/showthr…


chattels: Finance Committee: the central bank to issue any financial category offset by the withdrawal of classes 10 and 25 000 dinars November 17, 2015 ” He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000. ” wealthwatch.world/showthr…

chattels: ” He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000. ”

chattels: The content of the foregoing statement has a certain ” puckering ” effect upon one’s person, eh ?

TxBrand: just hope they are still good

TxBrand: do u think the 50s are still good ?

chattels: ‹@TxBrand› I really have no idea what to make of the currency related articles at this point.

chattels: The price of gold has been in steady decline this month and is at 1,068.34. which is a five year low from what i see on the charted price(s).

MichelleL: what is happening in dinardom? I feel like its still Sunday – husband has been off 2 days. Wonder how well I’m going to adjust to his retirement

MichelleL: I don’t understand the currency thing I missed above, any cheap interpretation will be appreciated lol

TxBrand: cant wait to find out what happen between the governors and O

MichelleL: we may never know the extent of threats

BOBBY: There saying Russia sent a large number of troops into Raqqa

MichelleL: I haven’t even glanced at md for so long, I can’t remember – but Frank26 or whatever is giving us an ri transferred into an rv any ole day now lol

MichelleL: ‹@BOBBY› he’s still sitting on a broken blue couchframe lol but seems pretty harmless compared to many

faith: ” He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000. ” Chattels what do you think? Quite a few articles along this one. Is this good news?

faith: I’m so confused!! :sideways:

BOBBY: no shortage of opinions on the sites

chattels: ‹@faith› If these notes are ” withdrawn ” in like manner to the 50 dinar note, i.e., no exchange for value, then it does not appear to be good news to me.

Donnie: ‹@chattels› Ditto

chattels: But, what Iraq says that it is going to do and does is often not the same and I do not profess to know.

faith: That is my fear but I wasn’t sure if I was looking at it correctly. So unless there is a “revalue” that happens first, we could be unhappy campers?

chattels: ‹@faith› I would be disingenuous to suggest otherwise.

chattels: The prospect of a less than happy ending is a potential reality for us all, IMO.

Donnie: ‹@chattels› agreed. either we are the same as now or rich from revalue or same as we are now and our Dinar becomes worthless. We wait and see.

faith: I have often heard that Turkey revalued it’s currency and that Iraq is following that master plan so to speak. Do you know if that really happened? Did Turkey revalue its currency?

TxBrand: at one time one of the dinar dealers said he would get out dinar exchanged for the higher denom… but he is not around anymore

chattels: ‹@faith› Turkey ” lopped ” is my understanding.

Donnie: ‹@chattels› ‹@chattels› ‹@chattels› sorry to point out the obvious but someone has to do it. 🙂

chattels: a redenomination

faith: So much for that master plan!  :blink:

TxBrand: ‹@Donnie› I have been afraid this one happen ever since they pulled the 50s
TxBrand: would happen

Donnie: nothing to be afraid of or worry over because we have no control of it.

chattels: en.wikipedia.org/wiki/Red…


chattels: I must / will say though that redenomination is usually a function of hyperinflation
chattels: Iraq does not have an inflationary problem to date.

faith: Thanks for the info and the link!

chattels: My thinking is that while there may not be a redenomination or significant reduction in the value of the IQD that we hold, there is nothing that says that the IQD cannot continue substantially as it is and the U.S. dollar is used as the ” default currency ” for international purposes.

chattels: I am ” betting ” otherwise, but it is a speculative risk.

TxBrand: it totally doesn’t make since to bring out the larger note.. if they plan on revaluing ..i don’t care how the gurus spin it

BOBBY: Chattels. …… always has been….. always will be
BOBBY: Chattels. … got a question when your ready

TxBrand: wonder what they really mean by dropping 3 zeros

chattels: As I have said repeatedly, I am in it until the end, but everyone must judge for themselves.

faith: It seems out of order. I would think they would revalue first, then bring out the larger notes and pull in the smaller notes.

chattels: ‹@BOBBY› ready as I will likely ever be 🙂

TxBrand: oh im n till the end also

faith: That has always been my question too….what do they mean by dropping the 3 zeros??????

BOBBY: Chattels. ….. when they talk about reducing the note count, do they mean the amount of bills in circulation?

chattels: It can mean one of several things

BOBBY: using the new bills to draw the lower ones in?

Donnie: ‹@faith› if they revalue then they will need the smaller Denoms and not the larger Dinoms so I don’t see a revalue of significant amount in the near future if the larger denoms come out

chattels: the least favorable meaning is that the zeroes are dropped from the face of the note, lopped, a redenomination

chattels: ‹@BOBBY› that is my understanding, reduction in the physical note count irrespective of the face value

BOBBY: better tell the gurus that lol

TxBrand: i still don’t get it

chattels: ‹@BOBBY› I am persona non gratis in the ” guru group ” 🙂

Donnie: ‹@chattels› so they will remove two 25k notes from the street with each 50k note they release

BOBBY: your better off

chattels: ‹@Donnie› I believe so

Donnie: to reduce the total note count without affecting the total value
Donnie: TY sir

BOBBY: that makes sense

Donnie: ‹@BOBBY› DON’T SAY THAT!!!!
Donnie: ‹@BOBBY› they never do what makes sense lol LOL lol

TxBrand: they have been talking about dropping the 3 zeros.. but then they introduced a larger one  lol

BOBBY: lol
BOBBY: Chattels. …….. hear anything on those 800 numbers lol lol

Donnie: they will need a new 50 dinar note thus the 50,000 could become the 50 as the 25,000 will become the 25 and the value of each Dinar increases to .86 USD

faith: I think that is half the battle. If we knew definitively what their definition of “dropping the 3 zeros” means, we might be able to decipher this puzzle!

Donnie: and the 10k = 10 Dinar and so on to match up close to the currencies of most countries like the US

TxBrand: why don’t we start asking the Iraqs we follow on tweeter lol

Donnie: thats my “guess”

BOBBY: faith……… we could have instructions to this puzzel and its still a mystery

chattels: ‹@TxBrand› Reidar Visser is very dismissive of Americans and specifically the ” get rich quick ” notion of investment in the IQD

faith: Oh well….like Scarlet O’Hara….”I’ll think about it tomorrow”.

TxBrand: ok   TxBrand: ‹@faith› lol

chattels: He and I communicated for a brief time – he told me to stop reading Iraqi gossip news and learn to speak Arabic 🙂

TxBrand: ‹@chattels› lol

chattels: ‹@faith› ” Tomorrow is another day. ” – Scarlett O’Hara

faith: That would be pretty useful right about now Chattels!

Donnie: i think it would take less time for me to just wait and see vs. learning Arabic

TxBrand: Scarlett :as God is my witness me and my family will never go hungry again

BOBBY: Dont forget……. alot of people bought into this under the false intel of the guru’s,

TxBrand: ‹@BOBBY› i think we all did

faith: Scarlett: “I’ll have that dress in the window please”.

chattels: ‹@BOBBY› I bought in because I was desperate and felt lucky. I am still desperate.

BOBBY: TxBrand….. I know i did…lol
BOBBY: i still believe in its potential

TxBrand: remember the guy that was trying to explain it to the Iraq people ?
TxBrand: he was an economist

chattels: ” Land is the only thing that matters. It is the only thing that lasts. ” – Gerald O’hara

TxBrand: long time ago   TxBrand: ‹@chattels› like that one

Donnie: i bought in for an increase in value. 20% would be great. like those that bought when 4000 Dinar = $1 and now have all that profit stored with only 1166 Dinar = $1. hats off to those people!!!!

BOBBY: I remember the first time i heard the IQD TEAM call…… did not know how to react

TxBrand: Rhett Butler: No, I don’t think I will kiss you, although you need kissing, badly. That’s what’s wrong with you. You should be kissed and often, and by someone who knows how.

faith: Scarlett: I can’t think about that right now. If I do, I’ll go crazy. I’ll think about that tomorrow

TxBrand: “Scarlett: I only know that I love you. Rhett Butler: That’s your misfortune.

BOBBY: Al Bundy….. death can’t be this slow … lol

faith: So what happened to the IQD Team?

Donnie: ‹@BOBBY› lol
Donnie: ‹@faith› they cashed in already lol LOL

TxBrand: “Mammy: It ain’t fittin’… it ain’t fittin’. It jes’ ain’t fittin’… It ain’t fittin’.

TxBrand: yeah i sure would like to know what they think now

BOBBY: Faith…. they put the calls on hold till things get going. … the site is still posting news daily

Donnie: i feel good that i bought some from a vet of Iraq 2003 war so he could put his daughter through college.

chattels: ‹@faith› LJ and the group burned out on the calls. Still a news site.

faith: Popeye: That’s all I can stands, cuz I can’t stands n’more!”

TxBrand: Scarlett: Fiddle dee-dee! Ashley Wilkes says he likes to see a girl with a healthy appetite. Mammy: Well, I ain’t see Mista Ashley asked for to marry you.

TxBrand: here is all of that one you posted chattels : Gerald O’Hara: Do you mean to tell me, Katie Scarlett O’Hara, that Tara, that land doesn’t mean anything to you? Why, land is the only thing in the world worth workin’ for, worth fightin’ for, worth dyin’ for, because it’s the only thing that lasts.

faith: I still read the IQD site, but would also love to hear them “weigh in” on these dinar articles of late.

BOBBY: Faith…. was curios if they were gonna do a end of the year show

faith: If the dinar thing doesn’t work out….I think I’ll mosey over to Oak Island and do some treasure hunting! :ninja:

faith: Wish they would Bobby.

TxBrand: ‹@faith› lol

BOBBY: Faith….. see you there lol

TxBrand: ‹@faith› i could not watch it tonight… gets  me to antsy when they dive

faith: Oh my gosh…I am hooked on that show!

TxBrand: im extremely claustrophobia

BOBBY: TxBrand….. a few of my friends are underwater welders….. not one is right in the head lol

Shnozzle: Watching it right now…

faith: Me too Shnozzle!

TxBrand: ‹@BOBBY› omg makes me feel ill

Shnozzle: Other than Viking… This one has me hooked

faith: Scarlett: This war talk is spoiling the fun at every party this spring

BOBBY: TxBrand…… one of them lives on a house boat….. cant be on dry land for long spells lol

TxBrand: Scarlett: Tara! Home. I’ll go home. And I’ll think of some way to get him back. After all… tomorrow is another day.

TxBrand: ‹@BOBBY› wow

faith: They need the Tidy Bowl Man to jump down that well and swim to the bottom and tell them what’s down there. Oak Island mystery solved!

BOBBY: Shnozzle….. Vikings is a good show

Shnozzle: ‹@BOBBY›

TxBrand: here is the one i tried to quote : “Scarlett: As God is my witness, as God is my witness they’re not going to lick me. I’m going to live through this and when it’s all over, I’ll never be hungry again. No, nor any of my folk. If I have to lie, steal, cheat or kill. As God is my witness, I’ll never be hungry again.

faith: Yep…when the dinars rv…Scarlett will never be hungry again.

TxBrand: “Scarlett: Sir, you are no gentleman. Rhett Butler: And you, Miss, are no lady.
TxBrand: guess its time to pull that movie out again
TxBrand: “Scarlett: Great balls of fire. Don’t bother me anymore, and don’t call me sugar.

Shnozzle: But Miss Scahlet… I don’t know nothin’ bout birthin no babies…

TxBrand: ‹@Shnozzle› i was just thinking about that one lol

faith: The most famous lines of them all! 😀

TxBrand: nite

Shnozzle: CUL

chattels: As to the assertion that the HCL is contained in the budget, one need arguably read no further than this article posted by OOTW in the forum – Differences between Erbil and Baghdad keep oil and gas law ………. on the shelves of the House of Representatives NOVEMBER 17TH, 2015

chattels: ” oil and gas law is one of the important laws that did not acknowledge during the previous legislative sessions, despite its great importance, and the main reason for the survival of this law on the shelves of the House of Representatives to the differences on the proposed clauses between the federal government and the Kurdistan Regional Government. ”

chattels: ” that many developments have taken place since the drafting of earlier drafts that were not successful, including the deep financial crisis in Iraq following the fall in oil prices and rising oil provinces voice and deepen the differences between the two governments,

chattels: ……………. “the preparation of the draft law will not be easy at the present time due to the depth of differences between the federal government and the Kurdistan Regional Government on the one hand and between the center and some parties of the National Alliance on the other. ”

chattels: ” ” ……….. as a result of political conflicts between the blocs It will lead to the postponement of the law to a later time and not addressed in the current circumstances that beset the country. ”

chattels: ” ……….. the postponement of the law to a later time ……… ”

chattels: Might there be an agreement on oil and gas set forth in the budget to operate for the next year ? Very likely, but that is not THE HCL.

faith: Another postponement.  🙁

chattels: wealthwatch.world/showthr…

chattels: ‹@faith› Not really. It is just that the pundits constantly assert that the HCL is DONE, and it is not !

faith: I think it will take a long time for that agreement.

chattels: ‹@faith› and likely some involvement of the Judiciary in interpreting the constitution and / or the Parliament in amending the constitution, IMO.

chattels: If one reads the oil and gas provisions of the constitution then it is apparent that the control of oil can depend upon the location of the well(s) and when the well(s) were drilled / developed

chattels: the overarching principle that oil belongs to all of the Iraqi people leads to arguments over who contracts and sells or manages the production and collection of monies

chattels: the Kurdish experience is that if the money goes through Baghdad then the ” share ” of Kurdistan never gets paid to them

chattels: add to that the arguments over what government expenses are deductible from the Kurdish share and / or the definition of a net / gross

chattels: it is all a part of the dysfunction that is the hallmark of government and in Iraq and the inadequacies of a quickly drawn and unclear constitution

chattels: Sorry to ” talk” on and on. My sense is that most people just want to know when we will be rich, but absolutely no one knows whether and when we may be and what conditions there are precedent or attendant to that liquidity event, IMO

faith: I think it is a wonderful learning opportunity. The difference in government, philosophies, etc has been a welcomed education for me. There have been many a days when I have listened to the main stream media about Iraq and smile because I understand the difference between the factions and have at least some knowledge of how their government works (or doesn’t at times.).

Regardless of what happens to the dinars the entire process has been an awesome learning opportunity. One for which I am most grateful.  faith: Thanks Chattels for the education! :cheerful:

chattels: great attitude 🙂

BOBBY: have to admit….. alot of people have learned from this

chattels: it has given me a more fundamental insight and understanding of the wonder of our own experiment in democratic ideals

chattels: we should never take for granted the value and difficulty of a government ” of the people, by the people and for the people ”

BOBBY: always believed this would make or break people…… pre and post

faith: So true. I must admit it saddens me when I come into the chat room and I read such disparaging remarks about the president. Regardless of political affiliation I have always been grateful of our democratic government where the people’s voice is heard through the vote.

I don’t care if the president is a democrat or a republican or an independent for that matter. They are there because they were duly elected by the majority of U.S. citizens.

That is something that we should never take for granted. There is one president and one UNITED States of America. I jump in look for Iraq related information, stay for that, but leave when I read President bashing. Anyway…I guess everyday I learn a lesson… some good…some not so good.

BOBBY: faith….. i just cant reason folks following guru’s. … even when there track record speaks volumes

chattels: ‹@faith› as you probably know the people do not elect our president directly by a popular vote. the electoral college elects our president. at least one candidate won the popular vote and was not elected.

chattels: actually there have been four. www.factcheck.org/2008/03…


chattels: In 2000, George W. Bush was declared the winner of the general election and became the 43rd president, but he didn’t win the popular vote either. Al Gore holds that distinction, garnering about 540,000 more votes than Bush. However, Bush won the electoral vote, 271 to 266.

chattels: In 1824, John Quincy Adams was elected president despite not winning either the popular vote or the electoral vote. Andrew Jackson was the winner in both categories. Jackson received 38,000 more popular votes than Adams, and beat him in the electoral vote 99 to 84.

Despite his victories, Jackson didn’t reach the majority 131 votes needed in the Electoral College to be declared president. In fact, neither candidate did. The decision went to the House of Representatives, which voted Adams into the White House.

chattels: In 1876, Rutherford B. Hayes won the election (by a margin of one electoral vote), but he lost the popular vote by more than 250,000 ballots to Samuel J. Tilden.

chattels: In 1888, Benjamin Harrison received 233 electoral votes to Grover Cleveland’s 168, winning the presidency. But Harrison lost the popular vote by more than 90,000 votes.

chattels: Which makes us more of a republic than a democracy.
chattels: Arguably.

faith: Absolutely. I remember the night I went to bed and Gore was the winner…woke up and Bush was the president. Your point is well taken…,however, regardless …it still makes me sad to read such hateful comments about the President of the greatest country in the world…in my humble opinion….again regardless of the party.

BOBBY: I remember Gore on a talk show saying he was president……. for about an hour lol

faith: There was a show called “Queen for the day”. I guess his show would be “President for an hour”!

faith: Well as we say here in Southwest Louisiana…it’s time for me to go do-do ! (pronounced dough-dough). Good night.

BOBBY: Faith …. good night

faith: Night Bobby! Pleasant dreams!

BOBBY: Another incident in Paris……news.yahoo.com/shootingn…


Woman blows herself up, man killed, in massive Paris assault
Paris (AFP) – A woman blew herself up and a suspected jihadist was killed during a huge police assault in Paris Wednesday targeting the suspected mastermind of last week’s attacks in the capital.

A monitoring group said the French and Russian air strikes had killed at least 33 IS jihadists in the last 72 hours.