NEWSTIME WITH BGG and Co. – Monday, April 17, 2017
BGG says(7:29 PM):
Welcome to News Time
JETSET says to BGG(7:29 PM):
looking forward to NT! hello!
BGG says(7:29 PM):
Thank you for all your amazing effort Okie
Okie Dinar says(7:30 PM):
You're welcome
magnetlady says(7:30 PM):
Evening Okie
BGG says(7:30 PM):
We're about to get News Time kicked off - but...
Okie Dinar says to magnetlady(7:30 PM):
Hey Mags : love
BGG says(7:31 PM):
Mrs BGG - would you mind saying a quick prayer to get us off on the right foot tonite?
scottiegirl says(7:31 PM):
Good evening!
Mrs BGG says(7:31 PM):
Heavenly Father, we come to You by the Blood of Jesus. Thank You for dying on the Cross and shedding Your Blood for our sins. Thank YOu for rising again! We are so grateful for Your Grace , Mercy & forgiveness! We love You and trust You. Thank You that we can come to You as our Father. We can run into Your loving arms and You accept us. You know when we rise up and when we sit down. We pray for our military and leaders and ask that You will continue to protect them and give them wisdom. We thank You for each person here and all that serve & help on the site . We pray that You will bless them, and keep them and cause Your Face to shine upon them. We give You all the Glory, Honor & Praise! In Jesus Name, Amen.
Mrs BGG says(7:32 PM):
Welcome everyone to News Time!!
oldmechanic says(7:33 PM):
AMEN
Baxter1243 says(7:33 PM):
amen
Mrs BGG says(7:33 PM):
For anyone New, and just a friendly reminder during News Time if you have a question or comment, please use a ?
And please wait until the Q & A time ..
snowhite says(7:34 PM):
AMEN
Mrs BGG says(7:34 PM):
When you ask a question, please get it ready so when we call on you it will go quicker...
dale says(7:34 PM):
amen
Mrs BGG says(7:35 PM):
And when there are several questions...please wait until each question is answered...it may take awhile ecspecially when there are serveral questions...
We write them down so know who's in order...
Thank you for your patience & understanding
It makes it easier on the copiers and editors and readers
Sit back, relax, get a drink s72 , and enjoy!
We appreciate you'all!!
News Researchers...are welcome to join in...
BGG says(7:39 PM):
Hey gang - I'm gonna' go a totally different direction than I had planned tonite...
there is so much crazy news coming almost everyday now...
I was going to do our normal "cover a few articles and expound on them" thing...
but
I think...
I will leave it up to you all tonite
LIVE Q & A...
if you have a particular article you would like me to comment on - bring the link, ask the question.
or if you just have a question - ask it.
I will try to answer
larrykn says(7:46 PM):
?
Mrs BGG says to larrykn(7:46 PM):
go
GoldenBear says(7:46 PM):
?
Mrs BGG says to GoldenBear(7:47 PM):
go
GoldenBear says(7:47 PM):
? Was the article this week about "not floating" a reprint from December or January? Thank You!!
larrykn says(7:47 PM):
I have a question on the fix rate, IYO what would be better for Iraq to do, come out low an stay that way for years or come out high an just maintain that rate for years, we know the inflation will increase but what is better
BGG says to GoldenBear(7:47 PM):
That was NOT A REPRINT.
I don't think - at least...
GoldenBear says(7:48 PM):
Thank you
BGG says to GoldenBear(7:48 PM):
all kinds of people say all kinds of silly things on the internet... makes none of it true.
BGG says to larrykn(7:49 PM):
IMHO - and that is what I - PERSONALLY think they should do...
and I am, by no means some global finance expert. I get clues and hints... best case.
In my personal opinion - they should come out at about a buck - hold for at least a year and stabilize.
then decide where to go after that...
larrykn says(7:51 PM):
that fix rate thur me a curve ball an I'm just trying to figure it out
BGG says to larrykn(7:51 PM):
once they really start ROCKING economically - they may well inspire the IMF to raise them to their historical levels.
buzz says(7:51 PM):
?
Mrs BGG says to buzz(7:51 PM):
go
buzz says(7:51 PM):
When you say at about a buck... do you mean "in country"
BGG says to larrykn(7:52 PM):
I was never shocked - that is about the way I imagined things would go.
BGG says to buzz(7:52 PM):
there is no "in country - out of country" rate...
it is one rate.
buzz says(7:52 PM):
ok
larrykn says(7:53 PM):
ty BGG
BGG says to buzz(7:53 PM):
those cases are very rare and ALWAYS include some kind of IMF rogue dictator.
this is not the scenario in Iraq.
buzz says(7:54 PM):
thanks
SRW says to BGG(7:54 PM):
?
Mrs BGG says to beachandcountry(7:54 PM):
go
beachandcountry says(7:55 PM):
one min
Mrs BGG says to SRW(7:55 PM):
go
SRW says to BGG(7:56 PM):
Do you think that the IMF meeting with the CBI and GOI this weekend could be the GO/No Go meeting for the Revalue of Iraq's currency? Thanks..
MadDScout says to SRW(7:57 PM):
I will offer that it is a very important meeting
With the frozen funds coming back on line in June seems strategic
BGG says(7:58 PM):
I find it very funny - I talked about this time frame two weeks ago during the FaceBook Live...
just now the smarter Guru's are catching on...
the EOM report was written by the IMF staff and delivered to the IMF Executive Board for their meeting around this time - IMHO it looks as if all these "talks" will happen first - THEN the Executive Board will decide and vote on, what to do.
I siad this about 2 weeks ago...
Dinar Dave says(8:00 PM):
There is no smart Guru..lol
BGG says(8:01 PM):
the next few days are going to be very, very full of activity. Followed up by the IMF Executive Board.
Mrs BGG says(8:02 PM):
Are there any other questions?
Elilali50 says(8:03 PM):
so now we've got our eye on June it seems
Dinar Dave says(8:03 PM):
Comment
BGG says to Elilali50(8:03 PM):
You put your eye where ever you like.
Dwsewell1 says(8:04 PM):
s82
Dwsewell1 says(8:04 PM):
:ahaha
beachandcountry says(8:04 PM):
BBG AND GANG! THX FOR CHAT! s75 FROM ARTICLES AND GUT FEELINGS, I , AND WE ALL HAVE TRIED TO FIGURE OUT A RATE AND HAVE OUR IDEAS, BUT WHAT DO YOU, SCOUT, AND OTHERS THINK NEXT HURTLE TO BE OVERCOME, BESIDES MOSUL, IS. I THINK WITH PORT AND AIRPORT, THEY NEED TO TAKE TO NEXT LEVEL TO SUPPORT THE INFRASTRUCTURE TO BEGIN , NOW ALSO SINCE THE MAIN ROAD GOING CLEAR TO JORDAN BEING RECENTLY SECURED WITH THE NEW CONTRACT. WHAT ARE YOUR OPINIONS OF NEXT EXCITING THING, THESE ARE TO BE COMPLEAT SHORTLY, AND THIS IS WHY I BELIEVE RATE WILL BE CLOSER TO QUWAIT?
BGG says to Elilali50(8:04 PM):
I'm saying - the end of April... up through about the 29th - is a VERY BUSY TIME for Iraq and the world financial overseers.
Mrs BGG says to Dinar Dave(8:05 PM):
go
Dinar Dave says(8:05 PM):
Many of you have said you are going to help vets.... Please remember the future vets.... We will be going to war with someone and some will die and need our help....
eman4u55 says(8:05 PM):
s82
MadDScout says to beachandcountry(8:06 PM):
I don't think it is any one thing but many comming together
eman4u55 says(8:06 PM):
sorry
BGG says to Dinar Dave(8:06 PM):
I have thought about that - at length... Vets are going to be a focus for BGG. Post - RV.
Dwsewell1 says(8:06 PM):
Amen
Dinar Dave says to BGG(8:07 PM):
( y )
Hsimeon says(8:07 PM):
?
larrykn says to BGG(8:07 PM):
( y )
Dwsewell1 says(8:07 PM):
?
BGG says to Dinar Dave(8:07 PM):
I am thinking about a foundation - or some kind of "cause push"...
Mrs BGG says to Hsimeon(8:07 PM):
go
BGG says to Dinar Dave(8:07 PM):
not sure yet. But that is one of two.
Mrs BGG says to Hsimeon(8:07 PM):
go
SRW says to Dinar Dave(8:08 PM):
No doubt we are seeing some very trying times for our country and the world.. God Bless Our Soldiers..
Mrs BGG says to Dwsewell1(8:09 PM):
go
Dwsewell1 says(8:09 PM):
BGG When we get to that point I will get in with you on the vets and giving.
Dwsewell1 says(8:09 PM):
Just want t be a big part of that
eman4u55 says(8:09 PM):
:azz
BGG says to Dinar Dave(8:10 PM):
I am thinking of endowing it - starting it - and when I'm gone, passing my whole estate to it.
prs says(8:10 PM):
?
Mrs BGG says to prs(8:10 PM):
go
Dinar Dave says to BGG(8:10 PM):
( y )
JR67 says(8:11 PM):
( y )
prs says(8:11 PM):
anyone thinking of starting a comunity
prs says(8:11 PM):
compound?
BGG says to prs(8:11 PM):
already have one - it's where I live. No need.
: D
bubbles says to prs(8:12 PM):
( y )
prs says(8:12 PM):
we need a doctor and lawyer
prs says(8:12 PM):
and gunsmith
Dinar Dave says to BGG(8:12 PM):
Just stay off the ladders
BGG says to Dwsewell1(8:13 PM):
This was for you - sorry... "I am thinking of endowing it - starting it - and when I'm gone, passing my whole estate to it".
Dinar Dave says(8:13 PM):
lol
prs says(8:13 PM):
we could buy an island
larrykn says to BGG(8:13 PM):
watch out for those stun guns too : D
Dwsewell1 says(8:13 PM):
Yea I was thinking to do about the same thing and maybe support the guys that need new legs as well.
BGG says to prs(8:14 PM):
Smart, rich people rent. Go there, enjoy it... let someone else clean up after you.
then leave.
prs says(8:14 PM):
something to be said for that for suer
BGG says to prs(8:15 PM):
Big boats and planes are a great way to go from Mega Rich to just wealthy.
Okie Dinar says to BGG(8:15 PM):
( y )
Dinar Dave says(8:16 PM):
I know rich people are very sloppy... Are mega rich mega sloppy??
Mrs BGG says(8:16 PM):
Are there any other questions?
lbeckley says(8:18 PM):
?
Mrs BGG says to lbeckley(8:18 PM):
go
lbeckley says(8:19 PM):
Being my first time heere, how do I join the DU Facebook
MadDScout says to lbeckley(8:19 PM):
You can add your email to the Dinar Updates Currency Exchange list
lbeckley says(8:20 PM):
I did find this chat very interesting OK