[older messages]
16 Feb 20, 07:47 PM
Doug_W
:)
16 Feb 20, 07:48 PM
chattels
16 Feb 20, 07:49 PM
sandyf
@Baxter WHITELIONS... in your opinion... Does Iraq have to be in Article 8 status to have an international currency...

I have addressed this issue in the past but you appear to be chasing an answer that does not exist. The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect.
Article 8 makes a currency internationally recognised, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
16 Feb 20, 07:49 PM
sandyf
Holding on the myth surrounding Kuwait is clutching at straw.
The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted,the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
16 Feb 20, 07:50 PM
chattels
Iraq protesters rally for one of their own to become PM https://www.rudaw.net/english/middleeast/iraq/160220202
16 Feb 20, 08:06 PM
KRnMS
MONETARY POLICY....IS SUBJECT TO CHANGE....haha, and subject to objectives desired to be achieved, in order to achieve an economic boom, once political stability and security are achieved, Iran pushed OUT, and Iranian puppets are on the run finally, MONETARY POLICY will be changed, orders will be issued and carried out, the RI/RV will be done. The CBI has stated it’s intentions of monetary reform. Allawi will establish his government, Iraqi militia will be TOLD AND SUPPORTED , more Iranian militia will bite the dust, and we will be rewarded for supporting democracy in Iraq!
16 Feb 20, 08:08 PM
KRnMS
GOD BLESS DONALD TRUMP and our brave soldiers that will step on the neck of any Iranians lingering in Iraq
16 Feb 20, 08:11 PM
KRnMS
anyone that believes monetary policy is written in stone and cannot be changed is a fool. Monetary policy is created by bureaucrats and politicians, with specific goals in mind.
16 Feb 20, 08:12 PM
KRnMS
And military power
16 Feb 20, 08:14 PM
Baxter
MONETARY POLICY CHANGES..?? Take the time and read this.... you too Sandy F https://www.bibliotecapleyades.net/s...thschild59.htm
16 Feb 20, 08:14 PM
Baxter
oops.. wait a min
16 Feb 20, 08:15 PM
Baxter
16 Feb 20, 08:15 PM
Matt
16 Feb 20, 08:37 PM
Patty
Matt Thank you. A few years ago Cramer felt gold would be $2,500. Isn't there yet, but, who knows?
16 Feb 20, 09:20 PM
Matt
Patty Very Possible IMO
16 Feb 20, 11:09 PM
Nsavio
Thanks and much appreciated.
16 Feb 20, 11:10 PM
Nsavio
New to RV and learning it.Good idea to buy Zim now ? and from where?
16 Feb 20, 11:16 PM
Matt
Nsavio Zim is a Loooong shot IMO
16 Feb 20, 11:16 PM
Matt
ebay i guess?
16 Feb 20, 11:18 PM
Matt
Don't spend money you can't afford to lose on it.
IQDCalls.com/chat