Zig’s Place

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Zig’s Place Chat Room Discussion and News Friday 2-5-21

Zig:  Welcome to zig’s place, a chat room for dinar speculators and others….discuss any topic that you wish here

Butterfly  In Iraq’s ‘Dire’ Economy, Poverty Is Rising — And So Are Fears Of Instability https://www.npr.org/2021/02/03/961149079/in-iraqs-dire-economy-poverty-is-rising-and-so-are-fears-of-instability

butterfly  High-level Iraqi delegation in Iran to talk trade, Soleimani

US assassination of Iranian General Qassem Soleimani was a major talking point during discussions on Wednesday. https://www.aljazeera.com/news/2021/2/3/high-level-iraqi-delegation-in-tehran-to-talk-trade-politics

Butterfly  In Saddam strongholds that fought America, Iraqis fear a U.S. departure https://www.reuters.com/article/us-iraq-security-usa-iran-insight/in-saddam-strongholds-that-fought-america-iraqis-fear-a-u-s-departure-idUSKBN2A51B3

butterfly  https://www.middleeasteye.net/news/iraq-islamic-state-regrouping-northern-women-operatives Islamic State regrouping in northern Iraq and relying on women operatives

Militant group capitalising on breakdown in relations between Baghdad and Erbil to carry out attacks from its base in the Hamrin Basin

butterfly  https://apnews.com/article/afghanistan-islamic-state-group-coronavirus-pandemic-covid-19-pandemic-taliban-5068d57c7ec1367a78b82b1f082ef488 UN experts: COVID-19 upped extremist threats in conflicts

butterfly  https://apnews.com/article/iraq-islamic-state-group-a3e2d02558b75717e304bb31d8ad34d2 Iraq sends mixed signals over closing camp for displaced

Zig  butterfly : Appreciate you posting news…hope you do it more often….Thanks…

butterfly Every thing I find is either a day or two old, but nothing has changed and I personally don’t think anything is going to change for Iraq or the world until this Covid virus is kicked square in the………..

butterfly  This site dates back to the end of January. https://www.iraq-businessnews.com/category/banking-finance/

butterfly  For all you bitcoin holders: https://twitter.com/Reuters/status/1357690223187161088 German prosecutors have confiscated more than $60 million worth of #bitcoin from a fraudster. There’s only one problem: they can’t unlock the money because he won’t give them the password.  @johnodonnell21 reports https://reut.rs/39QG265 1/4

Zig  butterfly : Did you ever get into Bitcoin?….I did not…Honestly, I did not understand how to do it when it first was introduced….something about “Mining”….in hindsight I wish I had taken a closer look as many people have made a lot of money in it and other cryptocurrencies….anyone here in that stuff?….better than this Dinar….lol

Zig   Hi @Sam Are you or have you ever been in Bitcoin or other crytos?

Sam I Am    no

Dave   Sam I Am Silver something to consider?

Sam I Am   I don’t have any but it’s probably not a bad idea to have some gold or silver as a hedge

sheila   Super Bowl Weekend… Millions to Billions Watching Worldwide. Good or bad distraction for the masses?

Zig   sheila : Terrific distraction

Zig  Dave : I have become so used to wearing a mask now that I feel naked going outside without it….

Dave  used to laugh at those driving solo in the car…….?

Dave  now ferget to take it off……..

Dave  amazing no acne yet….O2 deprivation….questionable

Sheila  Dave hate the mask. know the history of people forced to wear masks.

Dave  sheila ?

Sheila   slavery – forced to wear masks to show they had no voice.

Dave  Wow……  Ouch rather

Sheila  sure masks were used throughout history for other similar controls over masses

Dave  sheila ?  did not know that

Sheila  cause history repeats itself

Dave  arrrg!

Dave  Being a slave to wearing a mask today?

Sheila   yep… why else would Big B. tell all us we need to wear a mask then show up not wearing one as well as his entourage? Rule For Thee and Not For Me!!!

Sheila Many times thought the elites make up rules for all of us, then have special ones for them. In this country, Congress passes laws on us, then exempt themselves.

Dave sheila possibly that Big B and entourage been vacinnated already?

Dave  social distancing maintained

Dave  I do See big B wearing a masl often

Sheila Dave guess we will read about this in the history books when it’s all said and done.

Dave  looking that way……..need not be that way

Dave CV has No political affiliation…….?

Sheila  Dave So you hold dinar? Zim? Dong?

Dave  IQD

Sheila  just dinar? got a little bit of the other ones, just in case.

Dave  figured more bang fer the buck with oil over rice……lol

Sheila Dave Was checking other sites last night. Realized how overwhelming all this has become.

Dave  sheila We RVED?

Sheila  Dave Figure Dong is overdue. VND has been devalued since 70’s.

Dave  never checked Dong

Sheila  Not that I’ve heard today. Hoping.

Dave  hopium …harmless

Dave i hope tooooo

Dave  sooner better

NORV   LOP talk is back. lol https://yesiraq.com/%D8%A7%D9%84%D8%A3%D8%AE%D8%B7%D8%B1-%D9%85%D9%86-%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1-%D8%AC%D8%AF%D9%8A%D8%AF-%D8%B3%D9%8A%D8%AC/

NORV  :Pool: FLOAT

cian  https://ninanews.com/Website/News/Details?Key=886092

Sheila  NORV Well – is that a good sign?

Zig  NORV : @Sam said you owe him a pizza   :Pizza:

Zig cian : Post more often!…Nice to see ya…

Dave  Those Economists work for CBI?????

Zig  sheila : Not a good sign….NO

cian  Economist: Deleting zeros from the Iraqi dinar leads to the collapse of the Iraqi economy

Friday 05, February 2021 15:45 | Economical  Views: 433  Baquba / NINA / Economic specialist Jamal Shaker ruled out dropping zeros from the Iraqi currency because it leads to the collapse of the country’s economy and the Iraqi dinar.

He told the correspondent of the Iraqi National News Agency (NINA) today that removing the zeros from the Iraqi currency needs a strong economy and a hard currency in order to be able to re-evaluate the price of the dinar, and this is unlikely in light of a collapsed economy,

but the only treatment to gradually strengthen the exchange rate of the Iraqi dinar is an economic plan and exploitation Natural resources, activating investment, controlling outlets, developing oil fields, and completing the large FAO project.

He added that floating the currency does not serve the Iraqi economy and causes great harm to the market. https://ninanews.com/Website/News/Details?Key=886092

Dave  cian Seems reasonable….

Dave  seems we may not get those contractor rates anytime soon

NORV  Floating would harm the economy right now..without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change it. In the meantime, we wait.

NORV   In the meantime, Sudan is preparing to float. …

NORV   Sudan: We will take the decision to float the currency when we have sufficient reserves

2021-02-050   (Arab and International News – The Seventh Day) – Sudan: We will take the decision to float the currency when we have enough reserves

Sudan’s Acting Finance Minister said in an interview this week that the country will make a decision to float its currency when it has sufficient foreign reserves, and that it is also in talks with several parties to obtain loans and grants .

“We in the government must commit to unifying the exchange rate, and the decision to float the currency will be taken after the provision of foreign reserves in the central bank, along with economic policies that regulate supply and demand, ” Heba Muhammad Ali told Reuters on Thursday .   LINK

NORV  :Pool: float

Professor Dinard  I forgot people invested in dong lol

Dave  Zim much better……………..

Professor Dinard  Dave you think if people on the internet made iqd buying and investment viral and enough people bought it it would increase value of iqd?

Dave  Professor Dinard CBI attempting/prefer to reduce auctions.and have an economy.and get folks to the banks……those dinar have to come from somewhere? If going viral and CBI could make aton on the spread……..why not make more money…. this all they have currently?

Dave  Have they ever passed a fiscal budget………Ever…….Kap?

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