Zig’s Place Chatroom News Thursday Afternoon 7-7-22
Zig: Welcome to Zig’s Place, a chat room for dinar speculators and others….discuss any topic that you wish
Butterfly  I have a question for NORV ………how can you say there is not ever going to be an RV?
Zig  NORV : Are you 100% sure??
NORVÂ Â butterfly because there is 103 trillion dinar in circulation!
Butterfly  NORV well so far I’ve seen nothing from you to verify that.
NORVÂ Â butterfly ur the news hound
butterfly  NORV avoid the question I see
Dave  NORV CBI REVEALS DATE AND RATE in ADVANCE….HMMM
NORVÂ Â when they lowered the exchange rate from 1170 to 1460 the money supply significantly increased
butterfly  103 trillion dinar in circulation! NORV where do you get these numbers?
NORVÂ Â go to the CBI site and look
Dave  butterfly do your own research!
NORVÂ Â read the published news
Zig  butterfly : Their act is worn out :Laughing:
butterfly  I have my own news that I can not release, but I will say, all will be vey very happy.
butterfly  Zig I know that is why I confront them.
Zig  butterfly : Tell me this instant! :Pillowfight:
Dave  CBI could be sitting on aton of Dinar…..and not recirculating it or shredding it
Zig  Dave : True
butterfly  We hear/read/listen to what is out there. So my question is to all these news hounds, how the Iraq working with NO government officials?
butterfly  Dave BINGO
Dave  Zig WE KNOW squat…..
NORVÂ Â here is one article…
During this stage, the value of the Iraqi dinar was devalued at the end of 2020 by approximately 23% From its value against the US dollar, the exchange rate of one dollar reached 1450 Iraqi dinars when buying it, 1460 Iraqi dinars when selling it from the foreign currency window to banks and financial institutions, and 1470 for sale to individuals and institutions.
NORVÂ Â It is very likely that the demand for foreign currencies, especially the dollar, will raise its value in the market more than It is now, and this is what is called replacing the currency or dollarization and getting rid of the local currency. Therefore, options have appeared to solve the problem of inflationary pressures, the most important of which is returning to the project of deleting zeros, as many other countries have worked Such as Germany, Turkey, Argentina, Russia, Poland, Venezuela, Iran and others.
butterfly  Derek Chauvin is getting his sentencing right now, so I will distracted until the verdict comes down.
NORVÂ Â Currency restructuring project (raising zeros) … Justifications and requirements
There are many opinions in favor and opposition to the process of raising zeros in most countries of the world in which the process took place and depending on the circumstances of each country. In Iraq, it may be required, as Article 31 of the Law of the Central Bank of Iraq No. 56 of 2004 states in its seventh section, which relates to the Iraqi currency:
Dave  Germany 1930s….
NORVÂ Â (The dinar is the national currency unit of Iraq), but in fact there is currently no monetary unit for circulation in the amount of one dinar , The second justification is the continuous rise in the amount of the issued currency, as the monetary mass, which is mostly the currency of circulation, inflated significantly until it reached 103.4 trillion dinars, after it was less than 8 trillion in 2004.
NORVÂ Â 103.4 trillion dinars
Dave  that is what Turkey did…….could not sell enough dinars….the type we eat
NORVÂ Â http://www.baytalhikma.iq/News_Details.php?ID=1467
NORV  They either going to replace the dinar with new dinar (without zeros) LOP or do what the IMF ask and float it over time — RV is a “guru term” nonsense
Dave  where is my wheel barrow 1200 dinars fer that coke  thats not inflationary….lol
NORVÂ Â Not if they do a replacement LOP Dave
Dave  dinars would cost more to print ….than they are worth
Zig  Dave : Jeez….again with the coke….maybe change it to pepsi?  :Laughing:
NORV  Dave the idea of large amounts of cash is rediculous. There is no exchange so its relative – same amount of currency as other countries..just Iraq has 3 zeros
Dave  wheel barrows or wallets to pay fer that pepsi?
NORVÂ Â Dave you dont get it
Dave  teach me
NORV  nope not my job
Dave  eggactly
NORVÂ Â but there are many reports and articles that you can read and learn
Dave  eggsactly  just read from BBI
NORVÂ Â butterfly it is also a fact that Iraq’s total net worth including oil and all minerals in the ground is about $16 trillion dollars.
Dave  they handle monetary policy or some economist that wishes to remain anonymous
Dave  oops cbi
NORVÂ Â Dave Well dave, the info I have uncovered so far is much more accurate than any crap you believe
Dave  CBI RESTORE the Purchasing Power of the IQD
NORVÂ Â as Johnny depp says…Truth!
NORVÂ Â Dave They can do that with a currency exchange LOP
Dave  NORV wheel barrows fer IRAQ then
Zig  :wheel: Happy Dave ?? lol
Dave  1/2 tons to purchase groceries at Costco
Zig  I may change your name to STINKER butterfly for withholding information…..lol
Dave  butterfly Sign that NDA?
Zig  Dave : I think our Dinar may outlive us all  :Sob:  possible
NORVÂ Â My belief is they will float the dinar. They are spending to much time trying to create a market economy
Dave  Maliki back in?
Zig  NORV : When?????
Dave  My belief….. I believe in CBI over Kap any Day….
NORVÂ Â Zig when will it float?
Zig  NORV : Yeah….when?
NORVÂ Â Dave what does the CBI say dave?
Dave  14 yrs same convo……please pay attention CBI or your Beliefs…Hmmmm
NORVÂ Â Zig when they have a gov. pass 100 stalled laws and get investors to create momentum in a market economy. no momentum no float
Zig  NORV : Oh is that all??….lol…. :Headbang:
NORVÂ Â Zig yup..years off
Sheila  butterfly soon? how soon? very soon. hoping, praying.
Dave  Zig CBI stated dates and rates???????
Zig  98 year old @Zig collapses at bank waiting in line to exchange his Dinar…..lol
Dave NORV your crystal ball werks much better than mine
NORVÂ Â the IMF told them to create the conditions to float in 2013 and still little has been accomplished so would guess at least another 10+ years
NORV  Zig nobody will ever be going to a bank to exchange  not how it will work
Dave  NORV according to Kap
NORVÂ Â banks are not going to exchange dinar
Zig Dave : Use mine… :Crystal ball:
NORVÂ Â to volatile, unstable emerging market
Zig  NORV : They would if internationally recognized and traded banks dont like risk
Dave  Zig what does yours prophesize?
NORVÂ Â Zig it international now
NORV no idea
Dave  yes take yours to any forex exchange……lol
NORVÂ Â but i would guess open a trading account with currency broker
Dave  Wowsers IQD now globally traded ….missed that boat
NORVÂ no way to know until the dinar actually has some value
Sheila  @Zig — it must be close to happening now. @NORV is making his rounds, denigrating, discouraging, playing the Debbie Downer part… Where will he be posting next? lol lol
NORV  yea it happening with 103 trillion dinar in circulation.   woohoo
Zig  sheila : He’s really not that bad….lol
NORVÂ that 8 times America’s debt!
Dave  Zig the Dude knows everything more than CBI
NORVÂ Â foolish to think Iraq would ever RV
Zig Dave : Maybe….lol
NORV  no dave, I just read  facts dont lie  truth wins
Zig  NORV : How about to half a penny??…..lol
Dave  ever Read CBI……think NOT!
NORVÂ Dave do you?
Dave take a nickle when CBI ready
NORVÂ Â last I checked on CBI website they stated 100 trillion dinar
Zig  I would seriously take 1 cent
Dave no foreign investment laws passed yet either
NORVÂ Â think you should stop insulting the truth teller and start reading
NORVÂ over 100 laws stalled
Dave Zig 1 cent still an RV
Zig  1 cent and get the ** out of this community….lol
NORVÂ nobody investing in iraq with no laws
Dave  now you get it part of that picture
NORVÂ Â https://www.alsumaria.tv/news/%D8%A8%D8%A7%D9%84%D9%81%D9%8A%D8%AF%D9%8A%D9%88/424715/%D8%AA%D8%A3%D8%AE%D8%B1-%D9%88%D8%AA%D8%B9%D8%B7%D9%8A%D9%84-%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-100-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D9%85%D8%B1%D9%83%D9%88%D9%86-%D8%AF%D8%A7%D8%AE%D9%84-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86
NORV  that article 10 days old  Delayed and disrupted… More than 100 laws are parked in Parliament  lol  you will still be here in 10 years
NORVÂ Â Saleh explained that Iraq, which is the ninth country in the world in terms of natural resources buried underground, and those resources are estimated at 15-16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important ores,
NORV LINK
NORVÂ Â those resources are estimated at 15-16 trillion dollars
Dave  NORV yes from assays performed from 30 yrs ago
NORVÂ Â How you going to RV when ur country is only worth $16 trillion dollars?
NORVÂ Â Dave on give it a boost to 20 trillion dollars …still no RV
Dave  NORV last time assays performed on their resources kap?
NORVÂ Â Dave dave, even if saleh was 100% wrong that only 32 trillion dollars. Lol still no RV your dreaming and you wont give it up
Dave  Sclumberger Halliburton done SQUAT in Iraq fer decades
NORV  funny how you have an answer for everything but the truth is in the documents
Dave  yah worked in that industry NORV from which decade?
NORVÂ Â Dave call saleh and tell him he wrong and you right!
Dave  NORV no assays in Iraq fer decades
butterfly  James Caan passed away at age 82 yrs old
NORV that with a worth of 16 trillion dollars and 103 trillion dinar in circulation they going to RV lol  they either going to LOP  or follow the IMF recommendations   float!
NORVÂ Â off to lunch
Dave   telling me SChlumbeger halliburton doing Assays in Iraq recently……?
NORVÂ Â see ya
Dave  NORV yes out to LUNCH!
butterfly  BREAKING: Father of the July 4th shooter who helped his son obtain the gun he used for his mass shooting says he doesn’t “regret” signing the consent form and insists his son’s previous suicidal run-in with police was just a “child’s outburst.” https://twitter.com/OccupyDemocrats/status/1545092119584395264
butterfly  Derek Chauvin sentenced to 21 years on federal charges for violating George Floyd’s civil rights LINK
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