Posted on September 25, 2015 by Martin Armstrong
Some people totally confuse gold and money. During the Great Depression, we were on a gold standard. During a decline, ALL assets will decline against whatever is money, just as money declines during a boom. You need to separate MONEY from gold or you will never understand how the economy functions and you will buy gold when you should be selling. If you do not get this one right, forget it. You are not ready to invest.
If bronze or cattle were money, they would have risen against gold. It is MONEY vs. ASSETS — not gold. Today, gold is a commodity and it is tracking the commodity group as it is tracking silver. Gold moved opposite of silver between 1929 and 1932 only because it was then MONEY. So if you think a crash means that gold will rise, you are in for a very rude awakening.
You are doomed if you cling to the idea that gold will rise simply because stocks decline. Gold was DEVALUED in 1934 since gold was MONEY. What it could purchase for $20.67 then cost $35. The government confiscated gold and moved to a TWO-TIER monetary system with gold used exclusively for international settlements, not domestic.
Gold rose in purchasing power between 1929 and 1932 simply because it was MONEY at that time. The gold promoters do not understand that gold is no longer money, and therefore it will not rise in purchasing power in the event of a crash. The promoters do not talk about the event where government confiscated gold. They focus on the fact that gold rose in value from $20.67 to $35 without explaining that everything rose between 1934 and 1937, and then fell with the crash of 1937 when MONEY rose in value. Devalue whatever is MONEY and all assets rise, be it real estate, stocks, or commodities. This is what took place even during the German hyperinflation. It is ASSETS against MONEY, regardless of what it might be at that moment in time.
Today, gold will decline with commodities against MONEY, and then it will rise when people lose confidence in government after realizing that there is a Sovereign Debt Crisis. You better get this one right. Inflation soared during the OPEC crisis, but we ended up with cost-push inflation rather than demand; gold declined from 1974 into 1976 by about 50% and MONEY rose in purchasing power. All the classic nonsense from fiat to the end of the dollar was banter as gold fell 50%. If we look at how gold has performed when it is not MONEY, we can start to sort out the bullshit from reality.
Gold declined with each economic downturn from the OPEC crisis, the 1980 high, and the post 1987 crash. The Dow also rallied into 1980, as did silver, real estate, and just about every other commodity. The correlation between gold and all other assets was opposite of the Great Depression.
Gold broke out and rallied from our 2007 peak in the Economic Confidence Model, and stormed higher into the bottom of that wave in 2011. Here we saw gold perform as the “safe haven” but the gold promoters brainwashed everyone with their fiat nonsense. Here is one comment from a seriously brainwashed victim who can only see the world through the eyes of gold and fascism: “And BTW, 50 years from now, this will be seen as a dollar bubble. This can be detected only in relationship to metals and commodities, but this has been masked by paper to the degree that you simply refuse to look at it.” He does not understand the role of money and pines for Marxism where money is always the same value and the business cycle does not exist. People like this dream of perfect utopia where we are all mindless drones walking around in a perfect fog. They refuse to understand that MONEY is just a unit or account and a medium of exchange that everyone must agree on. You can tell the world that metals are money, but when you are starving and trying to convince someone who does not believe in your religion to give you food in exchange for metals — good luck.
MONEY is solely what another will accept because they know someone else will accept it from them. You cannot dictate to the world what you think should be money. This is not a bubble where metals will replace the dollar. This is a bubble in government. Regardless of what becomes MONEY after this event, the dollar will not be the reserve currency and has nothing to do with paper. It has to do with politics. As Milton Friedman said, “If you put government in charge of the desert, within a few years there would be a shortage of sand.” It really does not matter for you are focusing on the wrong piece in the puzzle.
Did gold rally because of fiat? No. Gold rallied because the banking system was collapsing. These people kept buying gold, swearing QE1-3 was inflationary, and lost all the way down because they failed to comprehend that this is not a battle against fiat.
Gold declined with every dollar rally when it was NOT MONEY and just a commodity, yet it rallied when there was a risk of banks failing — not QE1-3. This clearly illustrates what the “safe haven” really is.
Those who preach of a return to the gold standard are one mark short of being declared insane. They live in the past and are incapable of understanding economic evolution. Bretton Woods failed because they fixed gold at $35 but increased the amount of issued dollars. A two-year-old could have figured out that such a system would collapse. ALL attempts at fixing money have failed, right down to the Swiss/euro peg. So what collapsed was the GOLD STANDARD, yet people WRONGLY think that returning to some gold standard will stop the volatility and create the perfect world of Marxism by eliminating the business cycle. The problem was not the gold standard: it was the politicians. Returning to a gold standard today will not solve anything without political reform.
Gold cannot and has not prevented any financial crisis by creating a fixed standard. Bretton Woods was not the only gold standard to collapse. Historically, any attempt to create a “standard” is the same as creating a peg. We live in a free market and that means everything rises and falls with the business cycle. Absolutely NOTHING on a fixed standard can survive as everything fluctuates. Governments rise and fall because of the very same stupid mistakes.
During the 14th century, Florence had the very same type of two-tier system that was the foundation of Bretton Woods. Gold served for international settlement and silver was used domestically. Companies even had to keep two sets of books, and wages were paid in silver. The price of silver rose sharply against gold, leading to deflation and rising unemployment. The people rioted, stormed the palaces of the bankers, and set fire to them.
Gold WILL RISE along with stocks and commodities against whatever is money. The “safe have” will return ONLY when the public questions the survivability of banks and government — not fiat and inflation. If you disagree, then keep buying for the wrong reason just as the Japanese did for more than 20 years. This is the outcome we face, so stop the nonsense. Gold cannot possibly react as it did between 1929 and 1932 against everything else because it is not MONEY, nor the unit of account or the medium of exchange. So get over it. It will be time to buy gold for the right reason — not for fiat or this hatred of the dollar. That is like blaming your wife because you got into an accident driving to work. Get on point if you want to survive this game. This is the real world, not fiction. If you create a theory, it better work every time or it is just propaganda.
If you insist on unrealistic outcomes, as they say, a fool and his money are quickly parted. We are in the middle of a major crisis. ALL assets will rise against MONEY, provided we do not go all the way to a Mad Max event for then only food will have value.
Far too many people assume capital will only move to gold. That is not true for BIG MONEY cannot move to gold and never will. They cannot store it and it produces no income flow. Gold is for individuals, not BIG MONEY. The second misconception that one person wrote in is that “wealth cannot simply vanish; it would go somewhere, hoarding or otherwise.” This is simply not true. Money is the unit of account that measures wealth and that rises in falls in value. Even gold is being measured in dollars (the unit of account). Wealth is simply a valuation at an instant in time. When the stock market or any asset crashes, the valuation evaporates. It is NOT a zero sum game, as in futures, for there is no contract with only one side; there must always be two sides – long v short. Wealth in every other form is simply a valuation that evaporates — it does not transfer to someone else.
Gold rises ONLY when there is uncertainty about government or the banking industry. It will not keep pace with inflation and its fate is tied to the commodity sector. Some people will send hate mail over that simply because they WANT to believe something else.
Julius Caesar understood that and said that people believe only want they want to believe. He was correct. There is no convincing a Democrat he should be a Republican or vice versa. You will believe gold is money and shut out everything to the contrary, or you will have an open mind and comprehend that money is whatever the majority accept at that point in time.
This entry was posted in America's Economic History, Gold, Understanding Cycles and tagged Bretton Woods, Gold, Gold Standard, Money vs. Assets, The Great Depression, What is Money? by Martin Armstrong. Bookmark the permalink.
Some people totally confuse gold and money. During the Great Depression, we were on a gold standard. During a decline, ALL assets will decline against whatever is money, just as money declines during a boom. You need to separate MONEY from gold or you will never understand how the economy functions and you will buy gold when you should be selling. If you do not get this one right, forget it. You are not ready to invest.
If bronze or cattle were money, they would have risen against gold. It is MONEY vs. ASSETS — not gold. Today, gold is a commodity and it is tracking the commodity group as it is tracking silver. Gold moved opposite of silver between 1929 and 1932 only because it was then MONEY. So if you think a crash means that gold will rise, you are in for a very rude awakening.
You are doomed if you cling to the idea that gold will rise simply because stocks decline. Gold was DEVALUED in 1934 since gold was MONEY. What it could purchase for $20.67 then cost $35. The government confiscated gold and moved to a TWO-TIER monetary system with gold used exclusively for international settlements, not domestic.
Gold rose in purchasing power between 1929 and 1932 simply because it was MONEY at that time. The gold promoters do not understand that gold is no longer money, and therefore it will not rise in purchasing power in the event of a crash. The promoters do not talk about the event where government confiscated gold. They focus on the fact that gold rose in value from $20.67 to $35 without explaining that everything rose between 1934 and 1937, and then fell with the crash of 1937 when MONEY rose in value. Devalue whatever is MONEY and all assets rise, be it real estate, stocks, or commodities. This is what took place even during the German hyperinflation. It is ASSETS against MONEY, regardless of what it might be at that moment in time.
Today, gold will decline with commodities against MONEY, and then it will rise when people lose confidence in government after realizing that there is a Sovereign Debt Crisis. You better get this one right. Inflation soared during the OPEC crisis, but we ended up with cost-push inflation rather than demand; gold declined from 1974 into 1976 by about 50% and MONEY rose in purchasing power. All the classic nonsense from fiat to the end of the dollar was banter as gold fell 50%. If we look at how gold has performed when it is not MONEY, we can start to sort out the bullshit from reality.
Gold declined with each economic downturn from the OPEC crisis, the 1980 high, and the post 1987 crash. The Dow also rallied into 1980, as did silver, real estate, and just about every other commodity. The correlation between gold and all other assets was opposite of the Great Depression.
Gold broke out and rallied from our 2007 peak in the Economic Confidence Model, and stormed higher into the bottom of that wave in 2011. Here we saw gold perform as the “safe haven” but the gold promoters brainwashed everyone with their fiat nonsense. Here is one comment from a seriously brainwashed victim who can only see the world through the eyes of gold and fascism: “And BTW, 50 years from now, this will be seen as a dollar bubble. This can be detected only in relationship to metals and commodities, but this has been masked by paper to the degree that you simply refuse to look at it.” He does not understand the role of money and pines for Marxism where money is always the same value and the business cycle does not exist. People like this dream of perfect utopia where we are all mindless drones walking around in a perfect fog. They refuse to understand that MONEY is just a unit or account and a medium of exchange that everyone must agree on. You can tell the world that metals are money, but when you are starving and trying to convince someone who does not believe in your religion to give you food in exchange for metals — good luck.
MONEY is solely what another will accept because they know someone else will accept it from them. You cannot dictate to the world what you think should be money. This is not a bubble where metals will replace the dollar. This is a bubble in government. Regardless of what becomes MONEY after this event, the dollar will not be the reserve currency and has nothing to do with paper. It has to do with politics. As Milton Friedman said, “If you put government in charge of the desert, within a few years there would be a shortage of sand.” It really does not matter for you are focusing on the wrong piece in the puzzle.
Did gold rally because of fiat? No. Gold rallied because the banking system was collapsing. These people kept buying gold, swearing QE1-3 was inflationary, and lost all the way down because they failed to comprehend that this is not a battle against fiat.
Gold declined with every dollar rally when it was NOT MONEY and just a commodity, yet it rallied when there was a risk of banks failing — not QE1-3. This clearly illustrates what the “safe haven” really is.
Those who preach of a return to the gold standard are one mark short of being declared insane. They live in the past and are incapable of understanding economic evolution. Bretton Woods failed because they fixed gold at $35 but increased the amount of issued dollars. A two-year-old could have figured out that such a system would collapse. ALL attempts at fixing money have failed, right down to the Swiss/euro peg. So what collapsed was the GOLD STANDARD, yet people WRONGLY think that returning to some gold standard will stop the volatility and create the perfect world of Marxism by eliminating the business cycle. The problem was not the gold standard: it was the politicians. Returning to a gold standard today will not solve anything without political reform.
Gold cannot and has not prevented any financial crisis by creating a fixed standard. Bretton Woods was not the only gold standard to collapse. Historically, any attempt to create a “standard” is the same as creating a peg. We live in a free market and that means everything rises and falls with the business cycle. Absolutely NOTHING on a fixed standard can survive as everything fluctuates. Governments rise and fall because of the very same stupid mistakes.
During the 14th century, Florence had the very same type of two-tier system that was the foundation of Bretton Woods. Gold served for international settlement and silver was used domestically. Companies even had to keep two sets of books, and wages were paid in silver. The price of silver rose sharply against gold, leading to deflation and rising unemployment. The people rioted, stormed the palaces of the bankers, and set fire to them.
Gold WILL RISE along with stocks and commodities against whatever is money. The “safe have” will return ONLY when the public questions the survivability of banks and government — not fiat and inflation. If you disagree, then keep buying for the wrong reason just as the Japanese did for more than 20 years. This is the outcome we face, so stop the nonsense. Gold cannot possibly react as it did between 1929 and 1932 against everything else because it is not MONEY, nor the unit of account or the medium of exchange. So get over it. It will be time to buy gold for the right reason — not for fiat or this hatred of the dollar. That is like blaming your wife because you got into an accident driving to work. Get on point if you want to survive this game. This is the real world, not fiction. If you create a theory, it better work every time or it is just propaganda.
If you insist on unrealistic outcomes, as they say, a fool and his money are quickly parted. We are in the middle of a major crisis. ALL assets will rise against MONEY, provided we do not go all the way to a Mad Max event for then only food will have value.
Far too many people assume capital will only move to gold. That is not true for BIG MONEY cannot move to gold and never will. They cannot store it and it produces no income flow. Gold is for individuals, not BIG MONEY. The second misconception that one person wrote in is that “wealth cannot simply vanish; it would go somewhere, hoarding or otherwise.” This is simply not true. Money is the unit of account that measures wealth and that rises in falls in value. Even gold is being measured in dollars (the unit of account). Wealth is simply a valuation at an instant in time. When the stock market or any asset crashes, the valuation evaporates. It is NOT a zero sum game, as in futures, for there is no contract with only one side; there must always be two sides – long v short. Wealth in every other form is simply a valuation that evaporates — it does not transfer to someone else.
Gold rises ONLY when there is uncertainty about government or the banking industry. It will not keep pace with inflation and its fate is tied to the commodity sector. Some people will send hate mail over that simply because they WANT to believe something else.
Julius Caesar understood that and said that people believe only want they want to believe. He was correct. There is no convincing a Democrat he should be a Republican or vice versa. You will believe gold is money and shut out everything to the contrary, or you will have an open mind and comprehend that money is whatever the majority accept at that point in time.
This entry was posted in America's Economic History, Gold, Understanding Cycles and tagged Bretton Woods, Gold, Gold Standard, Money vs. Assets, The Great Depression, What is Money? by Martin Armstrong. Bookmark the permalink.
Today at 5:11 pm by Rocky
» Sudanese advisor criticizes Kuwaiti analyzes regarding the development road project
Today at 2:21 pm by Rocky
» Al-Mandalawi stresses the need to strengthen economic and trade cooperation between Iraq and Poland
Today at 2:04 pm by Rocky
» Power maneuvers: America provides defensive weapons to Kurdistan in exchange for withholding from Ba
Today at 10:26 am by Rocky
» Kuwait is drilling an oil well near Umm Qasr, towards Iraqi territory
Today at 10:24 am by Rocky
» In the document... the first Iraqi ministry identifies the obstacles to changing the new official wo
Today at 10:22 am by Rocky
» Italian Institute: Iraq is stuck in its own crises, including Baghdad’s efforts to undermine the “au
Today at 10:21 am by Rocky
» The head of the Integrity Commission announces the holding of an international Interpol conference i
Today at 10:18 am by Rocky
» Planning: Iraqi companies are not efficient in conducting the population census
Today at 10:14 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Today at 8:08 am by Rocky
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
Today at 8:06 am by Rocky
» A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars
Today at 7:55 am by Rocky
» With the participation of the Association of Private Banks, investment opportunities are on the tabl
Today at 7:45 am by Rocky
» Within a month... an Iranian border crossing recorded a noticeable increase in exports of goods to I
Today at 7:44 am by Rocky
» The Association of Private Banks appreciates the efforts of the government and the Central Bank to c
Today at 7:43 am by Rocky
» Al-Maliki's coalition presents a third candidate for the position of governor of Diyala
Today at 6:57 am by Rocky
» Arab gathering: The Kirkuk problem is getting complicated and the Sudanese must intervene
Today at 6:56 am by Rocky
» Next week.. a Kurdish delegation will visit Baghdad to meet with the Minister of Finance
Today at 6:54 am by Rocky
» Under the pretext of salaries... Al-Party refrains from handing over port revenues to Baghdad
Today at 6:53 am by Rocky
» Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of t
Today at 6:51 am by Rocky
» Parliament does not know the reason for the delay in sending the 2024 budget schedules: Voting takes
Today at 6:49 am by Rocky
» Applicants for the 2024 Hajj are demanding that the Central Bank secure the dollar for them through
Today at 5:09 am by Rocky
» Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week
Today at 5:08 am by Rocky
» Iraq's oil exports rise despite OPEC+ cuts
Today at 5:06 am by Rocky
» A study explodes a "surprise"... Iraq is among the countries that export oil to "Israel": How is the
Today at 5:04 am by Rocky
» Al-Araji emphasizes working to strengthen national identity
Today at 5:02 am by Rocky
» Al-Sudani visits Saudi Arabia to participate in the World Economic Forum in Riyadh
Today at 5:01 am by Rocky
» Iraq is talking about producing one million additional liters of gasoline
Today at 4:59 am by Rocky
» The Council of Ministers approves the implementation of the Baghdad Metro project
Today at 4:56 am by Rocky
» Minister of Commerce: We formed a joint economic committee with Türkiye
Today at 4:55 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 4:53 am by Rocky
» Parliamentary Finance: Baghdad will continue to send salaries to the region’s employees until settle
Today at 4:51 am by Rocky
» A parliamentarian describes the corruption of Iraqi ports as “ghouls” and reveals the involvement of
Today at 4:49 am by Rocky
» Obelisk Hour: Basra is the subject of political conflict and ambiguity over the fate of the funds al
Today at 4:48 am by Rocky
» Turkmen leader: An agreement on the local government of Kirkuk is near
Today at 4:45 am by Rocky
» Anbar calls for the operation of its factories despite financial obstacles
Today at 4:44 am by Rocky
» Turki: The crisis of the Presidency of Parliament prompted the Sunnis to amend the Council’s interna
Today at 4:43 am by Rocky
» The Agriculture Committee confirms the existence of Iraqi-Turkish-Iranian discussions on water
Today at 4:42 am by Rocky
» Resources diagnose the challenges facing the water file in Iraq
Today at 4:38 am by Rocky
» Parliament pledges to the Interior Ministry: We will transfer money to buy weapons from citizens
Today at 4:33 am by Rocky
» Al-Issawi is the closest.. Parliament sets the date for deciding the choice of the new president
Today at 4:31 am by Rocky
» Deputy: Iraq's investments have risen and need a comprehensive review of previous years
Today at 4:30 am by Rocky
» Iraqis consume 7 billion eggs annually and import about $900 million
Today at 4:28 am by Rocky
» The Iranian role complicates attempts at open cooperation between Iraq and Turkey. Turkey is trying
Today at 4:26 am by Rocky
» Move in Iran to obtain $242 billion from Iraq in compensation for the eight-year war
Today at 4:25 am by Rocky
» 12 decisions from the Council of Ministers regarding the Baghdad Metro and Najaf-Karbala train proje
Today at 4:23 am by Rocky
» Sudanese Advisor: The path to development has begun... the Baka and the militias “we silence them wi
Today at 4:21 am by Rocky
» Not from Kurdistan.. How did Iraq become a source of oil for “Israeli tanks”?
Today at 4:19 am by Rocky
» Parliamentary Agriculture criticizes the Sudanese and Erdogan agreement: Türkiye will control water
Today at 4:16 am by Rocky
» The Iraqi government issues new decisions
Yesterday at 2:35 pm by Rocky
» The story of “reduced oil” to Jordan, from “compulsion” to mutual benefit.. Is there a loss?
Yesterday at 2:33 pm by Rocky
» The Council of Ministers takes 12 decisions for the Baghdad Metro and the Najaf-Karbala train
Yesterday at 2:32 pm by Rocky
» utube MM&C 4/23/24 Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking
Yesterday at 10:18 am by Rocky
» Kidney from pig transplanted into deathly ill New Jersey woman — and begins working almost immediat
Yesterday at 10:15 am by Bama Diva
» The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an
Yesterday at 9:48 am by Rocky
» Trade from the “Economic Committee” with Türkiye: It will overcome all obstacles facing the traders
Yesterday at 9:46 am by Rocky
» Washington's hope for stable relations with Baghdad clashes with Iraqi parties' rejection of the Ame
Yesterday at 9:41 am by Rocky
» Karim Badr: Development is America’s will to kill silk
Yesterday at 9:36 am by Rocky
» Oil: Opening of a new port for liquid gas for vehicles in Baghdad
Yesterday at 9:33 am by Rocky
» A media advisor warns of corruption in a draft law on the Parliament’s agenda
Yesterday at 9:21 am by Rocky
» Economist: There is serious work to lift US sanctions on Iraqi banks
Yesterday at 9:16 am by Rocky
» Will the agreements signed with the US Treasury reflect positively on the exchange rates?
Yesterday at 7:52 am by Rocky
» Iraq continues its quest to join the World Trade Organization
Yesterday at 7:51 am by Rocky
» Iraq completes the completion of the files for the initial offer of goods and services to join the W
Yesterday at 7:50 am by Rocky
» Economist: Travelers' dollars are leaking into the parallel market...and this is what the Central Ba
Yesterday at 7:32 am by Rocky
» President of the Federal Court: It is not permissible to force anyone to join any party, and the pol
Yesterday at 7:30 am by Rocky
» The Council of Ministers holds its session headed by Al-Sudani
Yesterday at 7:27 am by Rocky
» America weakens Baghdad...and increases Kurdistan's military capabilities
Yesterday at 7:26 am by Rocky
» The Iraqi government plans to build 10,000 schools throughout the country
Yesterday at 7:23 am by Rocky
» American threats close the Iraqi Stock Exchange at a loss
Yesterday at 7:21 am by Rocky
» Increase in external transfers at the Central Bank
Yesterday at 7:20 am by Rocky
» Al-Maliki calls on Britain to cancel restrictions on the entry of its companies into Iraq
Yesterday at 7:18 am by Rocky
» Planning and the European Union are discussing signing a number of agreements in the development, en
Yesterday at 7:16 am by Rocky
» Parliament talks about the mechanism for recovering smuggled funds and hints at the next stage
Yesterday at 7:13 am by Rocky
» Interior Ministry: The number of completed national cards reached 37 million cards
Yesterday at 7:06 am by Rocky
» Amnesty International: Violations of freedom and human rights continue in Iraq and the Kurdistan Reg
Yesterday at 7:04 am by Rocky
» Parliamentary Oil: The government is proceeding with the decision to raise the price of improved gas
Yesterday at 7:03 am by Rocky
» A parliamentary committee in Basra to investigate violations of the port company and the local gover
Yesterday at 7:00 am by Rocky
» Revealing the 10 most important American exports to Iraq
Yesterday at 5:31 am by Rocky
» A noticeable increase in the rate of Iraq's import of Chinese cooling devices
Yesterday at 5:30 am by Rocky
» Prime Minister: Working on projects without completing the infrastructure is a waste of money
Yesterday at 5:28 am by Rocky
» Iraq.. Extending the deadline for registration procedures on plots of land
Yesterday at 5:27 am by Rocky
» What is the main purpose of conducting the population census in Iraq?
Yesterday at 5:25 am by Rocky
» A plan to transform Iraq from a barren land to green with 5 million trees
Yesterday at 5:24 am by Rocky
» The Housing Fund announces the acceptance of more than 11 thousand loans through the Ur platform
Yesterday at 5:23 am by Rocky
» The Bank of Baghdad is moving to increase its capital to 400 billion dinars
Yesterday at 5:20 am by Rocky
» The electronic payment system will soon be adopted on Iraqi buses
Yesterday at 5:19 am by Rocky
» “It threatens our interests and destroys our economy.” An Iraqi project “irritates” the Kuwaiti stre
Yesterday at 5:18 am by Rocky
» Warning from the Central Bank about “misuse of electronic payment cards”
Yesterday at 5:17 am by Rocky
» Iraq and the Sultanate of Oman are discussing sending capacities through the Gulf countries
Yesterday at 5:16 am by Rocky
» The fact that a decision was issued to deport Syrian workers from Iraq
Yesterday at 5:14 am by Rocky
» Rice comes first... America exports 10 foodstuffs worth more than 350 million dollars to Iraq
Yesterday at 5:14 am by Rocky
» A sixth licensing round for gas exploration
Yesterday at 5:12 am by Rocky
» Baghdad is preparing to host the 50th session of the Arab Labor Conference
Yesterday at 5:11 am by Rocky
» Scientific symposium on the future vision of the tripartite budget
Yesterday at 5:09 am by Rocky
» Five conversion power stations enter service in Najaf
Yesterday at 5:08 am by Rocky
» Planning: Conduct a population census next November
Yesterday at 5:07 am by Rocky
» Experts: Spreading misleading information harms development and investment
Yesterday at 5:03 am by Rocky
» Economists call for tightening money laundering laws and port controls
Yesterday at 5:02 am by Rocky