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Showing content with the highest reputation since 06/06/2020 in all areas

  1. 47 points
    Good morning, good morning! This may end up being a "less is more" kind of post. Reason? HCL. I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. @DinarThug, true to form, followed up with this. And this. ("The oil and gas law will be included in the upcoming sessions.") And this. And this! And this. And THIS!!! And... seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. === // This next part will be deleted tomorrow: // ===== (deleted) === // The above will be removed tomorrow. You snooze... you lose! // ==== Don't get me wrong... I'm pretty stoked about the stability of bitcoin (and the potential of quite a few other cryptos!), the markets are encouraging (hat tip to @Pitcher for the great analysis every week!), and a mess of other stuff! There is just so much going on right now that smells like "HCL", like this and this and this and... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. As a VIP member, you can ignore all of the hype and the nonsense you read or hear, and relax while you watch for my text and email with the official RV announcement. Hang on to your hats, friends... stay grounded, get in VIP, and enjoy the ride. Go Kazzammie. Go HCL. GO RV. - Adam P.S. Don't forget about the Weekly Powerball Pool!
  2. 43 points
    Good morning and HAPPY WEDNESDAY! These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly... we are looking at an HCL move soon, and that's about all we need right now! The comments on my Weekly update last week reached 6 pages pretty quickly... here's one of the highlights: That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! The new PM Kazzamie is operating efficiently and effectively. We are going to hear some detractions and criticisms, but he is doing a great job in my opinion. Oil is slightly down this morning, but the overall trend is stable and upwards, currently at $39.24. The IMF is predicting a continuation - I agree. As we move closer to a successful resolution and completion with HCL, we are going to start hearing a LOT from the "gurus". Some of them will be right, some will always be "full of it", but the closer we get... the louder it's going to seem. Stay calm, don't let emotions get the best of you, and hang tight... we are closing in. That's all I'm posting for this morning. Go Iraq, go HCL, GO RV!!!!!!! - Adam
  3. 36 points
    Good morning and Happy Wednesday! I don't see a need to make this update overly complicated, so... I won't! OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. Also OIL: The recent OPEC+ agreement to cut production is partly responsible for the rise in price, but this article confirms what I've been saying for years - Iraq isn't really obligated, or inclined, to play by the "rules". The rules don't really apply to them, so why would they? Don't worry - that's a positive thing for us in the speculation game. We want Iraq to use every tool they have, and they are. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day. (This thread is at 6 pages and counting, and only started Monday! Solid work, @Mary B) More GOI: @DinarThug gave some attention to GOI matters, specifically the Budget and government salaries here. My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. However, the articles posted in that thread all have a similar "feel" - Kazzamie is weeding through the mess, doing positive things, moving the ship forward. Even more GOI: @yota691 brought us this article regarding Kazemi, and followed it with a couple of articles regarding a focus on preventing double taxation, referencing Kuwait... If you read the recent explanation of the Iraqi Budget and the Currency Auctions in Iraq, you know that Kuwait and Iraq have a unique situation... some of the details are murky, and hard to put in context, but it stands to reason that Iraq would create loopholes for themselves prior to announcing a significant change in the value of the currency. Kuwait will likely be first in line with their hands out, due to the legal agreement for reparations and the significant amount that is owed to Kuwait by Iraq. This stuff isn't rocket science! (I've linked to this Auctions and Budget post multiple times recently... that's a hint that it's important. ) Also noteworthy is an article DT posted in last week's Weekly update. If this kind of stuff doesn't put a smile on your face, nothing will! That's all I'm going to review for this morning - the summary here, if you hadn't figured it out yet (I'm sure you did!), is: POSITIVE with a side of GIDDY-UP. Go RRRVVVV!!!!! - Adam P.S. Get in our Powerball Pool! You can't win if you don't play, and your odds are better in a group.
  4. 29 points
    Good morning and HAPPY WEDNESDAY! Yes, I'm a bit excited. A big reason is some progress (a breakthrough, in fact!) in OSI (part of our VIP area), details of which are here. The second reason, which makes the above even sweeter, is the situation surrounding us. OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is the trajectory that this thread is on. Oil, and Iraq, is on the move. The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. There is more going on, including the upcoming IFEX, and that alone would have a lot of Gurus spewing extra saucy verbal diarrhea... the thing is, some of it is bound to come true, even if they don't have a clue what they are talking about. Why? Because we are getting to that point. A broken clock is still right twice a day. Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. I'll do a discount on VIP by email later this week. It's going to be a limited one, so jump on it quick when you see the email. I'll be in touch soon! GOOOOO RRRRRVVVVV!!!!!!! - Adam P.S. Don't forget to get in our Weekly Powerball Pool!
  5. 28 points
    Not this 82 year old fart. I'm just gonna' enjoy the rest of my life and help many others if possible. I've been blessed with a happy life with lots of laughs, happy times, some sad times but not wealthy times. It will be nice to see if wealth would have made a difference. (probably not). I am comfortable, but hope to know what it feels like to have some form of wealth. Regardless, I have no regrets of the life I lived. I know there are still many more years to go ....... at least I hope so. My great grandfather died at 115.
  6. 26 points
    It's quite informative. He goes into Iraq's current options and explains some of the news articles people have posted here. Encouragingly, he now thinks, for Iraq to cover its budget, it needs to come in around $.66 instead of the $.53 he used to think, and he goes into why that is. Also we're in a window up to around mid-September. Of course, we've all been hoping it would be much sooner than that, and I guess it still could be. But he does a great job at explaining the important ramifications about where they choose to come in at, and explains that's why it's taking Iraq some time. And apparently, the longer it takes them to RV, the higher, in theory, they will need to come in at. So, even if it does take until September, maybe it might be pretty close to a buck! And I for one would be happy to wait another 2.5 months if it means I get an extra $.10 or maybe even $.20 or $.30 or maybe more!) per dinar. Although, there's really no telling if Iraq is going to evaluate their situation the same way Breitling does. After covering he dinar, he gets into some geopolitics as well as the US election in November. All and all I'd say it was one of his best audios because he really goes into to detail explaining what current events mean and in these really disturbing times, he presented a lot of food for thought. I'm not allowed to post a link, but if you search his name and "dinar" on youtube, you should find it easily enough.
  7. 26 points
    If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff! KEEP IT COMING!!!
  8. 25 points
    Good Monday Morning Dinar Vets, here's another opinion & comment by Jeff that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON ***** Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st... We certainly hope Jeff is right on this one...! RON We're all rearing to move on, so let's get it done...!!! RON
  9. 25 points
    Mr. Al-Kazemi: Restoring consideration to Mr. Sinan al-Shabibi Wednesday 10 June 2020 I do not know Mr. Sinan al-Shabibi and I have never met him, but I have heard like the rest of the citizens that he is excluded from the central bank because he refused to obey the orders of corrupt heads and implement what they ask of him and accused him of false accusations, and this corrupt elements have vandalized him by the vile methods to topple the national and clean elements and the man is known on a global level Mrs. Magda Al-Tamimi made a statement in an interview during Al Sharqiya TV channel in the past days that the currency auction takes advantage of one-fourth of the corrupt in the Central Bank, so what is required is to take Mrs. Al-Tamimi's claim seriously, open an extensive investigation in this regard, restore consideration to Mr. Sinan Al-Shabibi and return him to his position as governor of the Central Bank and benefit From his experience and sincerity (this is a brief summary from the free encyclopedia) Sinan Muhammad Raza al-Shabibi “Sinan al-Shabibi” was born (July 1, 1941, Baghdad) economist and governor of the Central Bank of Iraq from September 2003 to October 2012. It is the first governor of the Central Bank after the occupation of Iraq by the coalition forces. Growing up and educating al-Shabibi was born in Baghdad on July 1, 1941, and his father, Muhammad Reza al-Shabibi, is a prominent Iraqi poet, thinker, and politician. Al-Shabibi attended the College of Economics and Political Science at the University of Baghdad and graduated in 1966 with a Bachelor's degree in Economics, and also obtained a diploma in Graduate Studies in Development and Economics, Masters degree in Economics from the University of Manchester in Manchester, United Kingdom (1970-1971) . He also obtained a PhD in Economics from the University of Bristol in Bristol, UK in 1975. Beginning of his career from May 1975 until March 1977, Sinan al-Shabibi was head of the Import and Marketing Department at the Iraqi Oil Ministry, and from April 1977 until December 1980, al-Shabibi was head of the Planning and Coordination Department of the Iraqi Ministry of Planning. After the Iraq-Iran war erupted, al-Shabibi moved to Geneva, Switzerland, where he stayed from December 1980 to October 2001 and worked as an economist at the United Nations Conference on Trade and Development. Governor of the Central Bank of Iraq Since assuming the position of Governor of the Central Bank of Iraq, he introduced modern accounting systems and payment systems for the financial institution, replaced manual printers and computers with modern computer systems, and accounting tools as currency auctions, and replaced the pre-2003 currency with the new currency between October 2003 and January 2004. He also involved the Central Bank of Iraq in the International Monetary Fund and the World Bank, in addition to the Paris Club negotiations, where 19 countries agreed to exempt Iraq from 80% of pre-2003 debt to help Iraq recover from the US-led post-war phase 2003. Despite local and regional instability in the region, Al-Shabibi managed to maintain the Iraqi dinar exchange rate against the US dollar at 1190 dinars per 1 US dollar (while the exchange rate was 2214 dinars per 1 dollar in 2002), and reduced the inflation rate (from 64% in 2006, to 5.2% in 2012), and doubled the gold reserves to 32 tons, and remained a strong advocate for the independence of the Central Bank. His use of these policies and high oil revenues helped raise foreign exchange reserves to nearly $ 67 billion (in September 2)) over December 2002 $ 2.7 billion 2012) We hope that the right man will be in the right place. https://kitabat.com/2020/06/10/%D8%A7%D9%84%D8%B3%D9%8A%D8%AF-%D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A-%D8%B1%D8%AF-%D8%A7%D9%84%D8%A7%D8%B9%D8%AA%D8%A8%D8%A7%D8%B1-%D9%84%D9%84%D8%B3%D9%8A%D8%AF-%D8%B3%D9%86%D8%A7%D9%86-%D8%A7/ --
  10. 24 points
    " we are not naive to call for "float" .. (so Kaperoni is naive? 😮😯😅) nor "criminals" to demand action in the notorious "shock" method ... Rate 'shocks' is a term used to describe when the value of one currency spikes relative to another in an extremely short period of time (like an RV?) 🤔🤔🤨🙃 nor "traitors" to defend extinction before the "features" of the IMF .. ~ they are not going to defend IMF shortcomings ( in the Fund's advice on exchange rate policy) as this could lead to serious implications or extinction of their own currency. Rather, we believe that - It is time now, and indeed it is necessary now, for the central bank to study proposals related to the necessity of working (gradually) - with a realistic, "managed" exchange rate, - and calculated accurately, - so that the effect of the "new" exchange rate is less harmful, and costly, on fragile groups. From the population .. It is also a truism to know that there is no decision without "costs", and no policy without "returns In summary: - Devaluation is out. - And all they are asking for is the "new" exchange rate must be realistic and and calculated accurately A demand for notorious shock ( value of currency spike) would be too much to ask for. But of course they are not rejecting it either. 😜😅😊 "there is no decision without "costs", and no policy without "returns" 🍹
  11. 23 points
    The last time I saw a woman’s eyes roll back like that picture was, ummm, a long time ago. And it sure wasn’t for my yummy cooking . 😂 😆
  12. 22 points
    I’m sick of COVID-19. I’m sick of black vs. white. I’m sick of Democrats vs. Republicans. I’m sick of *** vs. straight. I’m sick of Christians vs atheists. I’m REALLY sick of the media. I’m sick of no one being allowed to think what they want & feel what they do without offending someone. I am sick of the nosey people who call the cops when anyone does anything they don’t approve of. I am sick of blaming the whole for the sins of a few. We’re one race—the human race. You want to support President Trump? You do you. It’s your choice. You want to support Biden? Fine... also your choice! You want to believe in God? Okay, believe in God. You want to believe in magical creatures that fly around & sprinkle fairy dust to make life better? Awesome... you do you. BUT stop thrusting your beliefs on others & not being able to deal with the fact that they don’t have the same exact mind-set as you. Having our own minds is what makes us all individual and beautiful. If you can’t handle the fact that you may have a friend that has opposing views as you, then you are not any better than the bigots and the racists. I don’t have to agree with everything you believe to be a decent human being & your friend. Starr
  13. 21 points
    Good Sunday Morning Dinar Vets, here's aother opinion & comment by MilitiaMan that will be of interest to you. Remember, no one really knows what will happen, or when. He are simply stating his opinions based on what he perceives to be happening in Iraq. RON *** MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it..! IMO it is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE..!! The HCL/2019 FMLA, salaries, etc, is all in this...Wow..!! And we're off to a good start with this news ... Have a Blessed Sunday and thank GOD for where we are, and where we will be soon ... RON
  14. 21 points
    This really feels SO nostalgic, like graduation week in high school!! You realize spent the last 4 years (15+ for many here) with all the hard work (patience for us here and actual real hard work for Adam and staff), the roller coaster ride (emotional highs and lows in school AND here). We learned how to get along with others accepting them for who they are, learning to appreciate their differences. (This DV community has brought an incredibly wide variety of personalities, perspectives and expertise that’s made us a wonderful and exciting place to be) In just days you’ll be living through a ceremony, crossing a threshold into a brand new season that you’ve long thought of, dreamed about, prayed over, even lamented over its long time coming. (here It’s likely down to weeks OR Maybe days). You think about all your FAVS, friends, teachers, counselors and, yes, even janitors wondering about how They will fare in their new season knowing you’ll lose touch with but a few! (((Wow I have an emotional thing going on right now))) (Adam has been Principle, teacher, guidance counselor, Dean, administrator, activities director, and what ever it takes to ensure our futures are ready for us to step into! The news hounds are world renown mining out incredible up-to-date events! The mods, well, fun engaging and definitely the janitors when needed! We’ve had a whole host of teachers expanding our world view spanning the circle of life) We will see in short order the fruit of our Long hours of study (emotional homework) and preparation to prosper in our new season! Love our DV COMMUNITY!!!🙏🏼😀🙏🏼 Thank you Adam and each and everyone of you here!!! 😀
  15. 21 points
  16. 20 points
    Thanks so much Adam, for your hard work, all these years! I would recommend for everyone, check your security settings on all your electronic devices! Also I would remind everyone that loose lips sink ships! I don’t say anything about dinar to anyone except this site! I would recommend you do the same! We are living in very dangerous times now, not just the biological threat with this Chinese virus, but also the Marxist communist criminals that are rioting looting and burning people’s property in all outback states right now!! Stay safe, and God Bless America! JMHO 🤠
  17. 19 points
    I’m waiting for the DV credits to start rolling across the screen. As Star Wars music plays.... Adam K98 Yota Dinar Thug LGDeeee Something About Mary 6ly on da floe Beer Pitcher Tiger dude Banana Hammock Boy Ya da, Ya da.
  18. 19 points
    Good Afternoon Dinar Vets, here's an opinion & comment by Breitling that will be of interest to you. Remember, no one really knows what will happen, or when. H>e's are simply stating his opinions based on what he perceives to be happening in Iraq. RON *** Breitling *** ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot... ... I'm more than ready ... RON
  19. 19 points
    Good Monday Morning Dinar Vets, here's another opinion & comment by MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! ..(post 1 of 2)... **** MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow...(post 2 of 2).. This news sounds very promising - keep praying folks ... RON
  20. 19 points
    Not exactly. Under the NESERA/GESERA law, the world economic system will be returning to the Gold standard. Which means ALL CURRENCIES will be forced to revert back to the Gold standard. Thus, Gold and Silver will become actual currency once again. Oh, and let us not forget that under the Gold standard currencies MUST reflect their ACTUAL VALUE. The Iraqi Dinars Actual value in that case is nearly $4 to one. Sounds crazy right? But under the Gold standard system consider that ALL currencies must be Backed by Gold, Silver, or other valuable assets. Can you say OIL
  21. 19 points
    Carrello Carrello the KamelKeeper Members This One Posted Today By Ms Carrello Is Even Better ! Mr. Al-Kazemi: Restoring consideration to Mr. Sinan al-Shabibi Wednesday 10 June 2020 I do not know Mr. Sinan al-Shabibi and I have never met him, but I have heard like the rest of the citizens that he is excluded from the central bank because he refused to obey the orders of corrupt heads and implement what they ask of him and accused him of false accusations, and this corrupt elements have vandalized him by the vile methods to topple the national and clean elements and the man is known on a global level Mrs. Magda Al-Tamimi made a statement in an interview during Al Sharqiya TV channel in the past days that the currency auction takes advantage of one-fourth of the corrupt in the Central Bank, so what is required is to take Mrs. Al-Tamimi's claim seriously, open an extensive investigation in this regard, restore consideration to Mr. Sinan Al-Shabibi and return him to his position as governor of the Central Bank and benefit From his experience and sincerity (this is a brief summary from the free encyclopedia) Sinan Muhammad Raza al-Shabibi “Sinan al-Shabibi” was born (July 1, 1941, Baghdad) economist and governor of the Central Bank of Iraq from September 2003 to October 2012. It is the first governor of the Central Bank after the occupation of Iraq by the coalition forces. Growing up and educating al-Shabibi was born in Baghdad on July 1, 1941, and his father, Muhammad Reza al-Shabibi, is a prominent Iraqi poet, thinker, and politician. Al-Shabibi attended the College of Economics and Political Science at the University of Baghdad and graduated in 1966 with a Bachelor's degree in Economics, and also obtained a diploma in Graduate Studies in Development and Economics, Masters degree in Economics from the University of Manchester in Manchester, United Kingdom (1970-1971) . He also obtained a PhD in Economics from the University of Bristol in Bristol, UK in 1975. Beginning of his career from May 1975 until March 1977, Sinan al-Shabibi was head of the Import and Marketing Department at the Iraqi Oil Ministry, and from April 1977 until December 1980, al-Shabibi was head of the Planning and Coordination Department of the Iraqi Ministry of Planning. After the Iraq-Iran war erupted, al-Shabibi moved to Geneva, Switzerland, where he stayed from December 1980 to October 2001 and worked as an economist at the United Nations Conference on Trade and Development. Governor of the Central Bank of Iraq Since assuming the position of Governor of the Central Bank of Iraq, he introduced modern accounting systems and payment systems for the financial institution, replaced manual printers and computers with modern computer systems, and accounting tools as currency auctions, and replaced the pre-2003 currency with the new currency between October 2003 and January 2004. He also involved the Central Bank of Iraq in the International Monetary Fund and the World Bank, in addition to the Paris Club negotiations, where 19 countries agreed to exempt Iraq from 80% of pre-2003 debt to help Iraq recover from the US-led post-war phase 2003. Despite local and regional instability in the region, Al-Shabibi managed to maintain the Iraqi dinar exchange rate against the US dollar at 1190 dinars per 1 US dollar (while the exchange rate was 2214 dinars per 1 dollar in 2002), and reduced the inflation rate (from 64% in 2006, to 5.2% in 2012), and doubled the gold reserves to 32 tons, and remained a strong advocate for the independence of the Central Bank. His use of these policies and high oil revenues helped raise foreign exchange reserves to nearly $ 67 billion (in September 2)) over December 2002 $ 2.7 billion 2012) We hope that the right man will be in the right place. https://kitabat.com/2020/06/10/%D8%A7%D9%84%D8%B3%D9%8A%D8%AF-%D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A-%D8%B1%D8%AF-%D8%A7%D9%84%D8%A7%D8%B9%D8%AA%D8%A8%D8%A7%D8%B1-%D9%84%D9%84%D8%B3%D9%8A%D8%AF-%D8%B3%D9%86%D8%A7%D9%86-%D8%A7/ --
  22. 19 points
    Amazing post Carrello 👍🏼😊 We all know what stopping the auctions means.... Moving from a closed economy to an open market economy with and international recognized currency. Go dinar Go RV Go market value Go purchasing power
  23. 18 points
    THANKS BOSS The World is About to Change 6/15/20 to 7/15/20
  24. 18 points
    Good Saturday Morning Dinar Vets - Here's a post of our Adam Montana taken from another site who follows Adam"s Opinions and posts snippets from them. Posted here in case you haven't yet read his remarks. RON ******* Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff..! [Reference Adam Montana post from 6-24-2020 - See below] You can read Adam's whole chat at: Adam Montana Weekly 24 June 2020 ***** Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time..(post 1 of 2).. { REPOST reference above } ***** Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV..(post 2 of 2)..
  25. 18 points
    Wtf, The Chinese Elders ? This Is Serious Weegie - U Better Get Ur A$$ Over There Pronto ! And Take Hunter With U ...
  26. 18 points
    Good Afternoon Dinar Vets, here's another opinion & comment from MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency...IMO..
  27. 17 points
    I agree Engine1, But you still have the chance to get into VIP...... 😂😂😂
  28. 17 points
    Good Morning Dinar Vets, here's a couple opinions & comments that will be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceives to be happening in Iraq. RON *** Randy Koonce *** How are you makin it..? Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is: Iraq is finally ready to be DONE..! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate & The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so once it happens be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...
  29. 17 points
    Good Evening Dinar Vets, here's several other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks. *** Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it...(post 1 of 2)... *** Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen...(Post 2 of 2)... *** Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change... *** Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is... *** Pimpy this guy [PM Kazemi] is starting to become a hero for the Iraqi people. He really is. He seem to be really doing what's necessary to help out not only the Iraqi people but the Middle East in general...he is literally weaning out those Iranian puppets...this is a huge and bold move...for some strange reason Iran has been very very quiet about everything. I don't know what that means. I haven't been been able to figure out why that is...why after all this hassle is Iran being so quiet? There's a weird part of me that thinks they're thinking, 'great once Biden is in then we'll do what we need to do. But until then let's remain quiet.' That's what's going through my head. We will see. Every day I keep seeing more and positive news that tells us that we're almost there...we are way closer than we've ever been before and something tells me there's more on the line of what's happened in Iraq here in the United State in regards to Trump's reelection. That's all for today Folks. Sleep well and have a great Sunday...Blessings... RON
  30. 17 points
    Little ? Go Big - Or Go Home !
  31. 17 points
    That Was Just The Foreshadowing - Wait For It ... Btw - Wtf Is The ‘Oil And “Gad” Law’ That Was Misspelled In The Headline On The Topic Section Page ... Remind Me Not To Hire Pitcher’s Fat Fingered Kitty To Type In Any More Of This Stuff ... Demands to review electricity contracts Monday 08 June 2020 Baghdad / Al-Sabah The House of Representatives heads to legislate the oil and gas law during the upcoming sessions, in light of parliamentary demands to reconsider the oil licensing rounds and the contracts of the Ministry of Electricity. A member of the Parliamentary Oil and Energy Committee, Amjad Al-Oqabi, told Al-Sabah that “the prime minister should be serious in rewriting the Ministry of Electricity’s investment contracts because it drains a lot of money, especially as Iraq is going through a difficult financial situation and difficult health conditions.” The deputy added, "Among them are the investment contracts for the stations that cost a lot of money, especially since those contracts obligate Iraq to pay its costs even if they do not need them, and includes contracts at the Basmaya Investment Station, Rumaila Investment, Kar, Qaywan and Al Shuaiba Station." And Al-Oqabi continued, "The state is obligated to pay the investing and electricity producing companies up to $ 300 million within the contract concluded with the Ministry of Electricity, at a time when the actual collection limits are 17% and the actual 83%." LINK
  32. 17 points
    Yes Pitcher.. both my Kurdish friend that was well off and my Shia friend that was very poor both did not believe in an RV due to all the corruption in the Gov. It made them sick to even think about the government. The banks and the Government were on the same level. Both Friends would hoard dinars and dollars though. My Kurdish friend kept it in the walls of his house in Erbil and my Shia friend kept it in his car (what little he had) all because of the distrust of the banks.. They use USD for big purchases and dinar for small purchases. In the last month or so my Shia friend has told his relatives and friends back home to try and hold on to more dinar now than USD just in case What I tell him comes true..
  33. 17 points
    Kadhimi himself tweeted it! Last I heard we didn't expect this for a week or two. Looks like the government is working cladestinely to get things done. Makes me wonder if they're secretly working on other things that we're waiting for, perhaps the HCL???? Come on RV!!!!!
  34. 16 points
    Thank you Adam!! I’m calm. Keep that good news flowing Iraq.
  35. 16 points
    Good Morning Dinar Vets, here's opinions & comments by Breitling & Jeff that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is... *** Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks... Here we go again...!
  36. 16 points
    The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline Economie| 01:21 - 29/06/2020 Baghdad - Mawazine News, the Iraqi National Business Council responded to the advisor to the Speaker of Parliament, Hammam Al-Shamaa, stating that the dinar exchange rate against foreign currencies through the currency sale window for obligations imposed by itself due to the circumstances that Iraq is going through, in advance of a three-stage proposal to review the exchange rate pricing on the basis of The impact of low oil prices with setting priorities for the import of raw materials for local industries The council said in a message seen by / Mawazine News that "the dinar exchange rate against foreign currencies through the currency sale window for obligations imposed itself due to the circumstances that Iraq is going through, which were unfortunately interpreted in a different way to distort the facts," "Going to say" and we are not surprised by such responses Skepticism and accusations, as we have become accustomed to it as a private sector to marginalize and underestimate our role, and this wrong behavior is what led Iraq to our donors because of the hegemony and bureaucracy of the government sector that failed over more than (17) years of managing the economic file. "We were hoping for a direct dialogue with the decision makers to discuss our proposals to find solutions to address the gaps that we are in need of in these difficult circumstances," he added. The Council stated that it is a socio-economic organization that possesses field and theoretical capabilities and experiences and can express opinions and advice to all Iraqi state institutions to correct paths wherever they are found. The Council pointed to the reference of the candle in its message about the theory of inflation and its repercussions, and the increase in poverty rates to (20%) of the oppressed people who fell below the poverty line, and the few were blessed with wealth. He believed that this diagnosis is "an affirmation that the wrong policies of successive governments after the year (2003) in managing the economy created the large gap in the standard of living between (the elected few?) And the majority of the people who suffer from poverty and neglect due to corruption and mismanagement." He added, "You (Al-Shamaa) talked about the necessity of mobilizing resources because of the three challenges (falling oil prices, corona, and early elections), and that the rulers of the Iraqi people’s leader (according to the description of Al-Shamaa) do not bear more tensions for fear that the table will turn against them." The Council considered that this The offering is "strange logic." "Changing the exchange rate we called for to achieve justice, eradicate corruption, collect taxes and customs duties, and protect the product will turn the table over the rulers," he asked. He stressed that this "is to mobilize resources instead of exchange differences, tax and customs evasion go to the pockets of the corrupt and transfer without import." He stated that "improving the social welfare network, increasing inclusiveness and compensating retirees through the resources derived from accidental results from changing the exchange rate from the state's duties to raise injustice and reduce the level of poverty." He also pointed out that "the social protection network is not a continuous state, as is the ration card, but rather a temporary case due to the lack of diversified sources of income and dependence only on oil imports." He stressed the importance of "setting the right policies and strategies and implementing them to upgrade the industrial and agricultural realities and other economic sectors while providing climates for the growth of the private sector and involving it in the economic decision with a real fight against corruption and improving the investment environment will provide hundreds of thousands of jobs and thus the protection network will be reduced to unimportant levels and this is in place In all countries of the world. " He also saw that "the change in the exchange rate has nothing to do with the process of printing the currency and we do not need to recall its disadvantages, mixing the papers from the economic scripts, as printing the currency in an ill-considered and without cover will lead to inflation. We did not demand this for security, neither near nor far, but rather that This process on its own terms and conditions. " He also asked about what is the equation on which the Central Bank relied on proving the exchange rate with the number (1190), knowing that a number of neighboring countries exporting to Iraq have floated their currency against the prices of the dollar "Why do we cling to the fixation of the exchange rate and not allow it to change slightly to achieve additional imports into the state treasury while increasing the ability of the domestic product to compete and grow," he said. . Ann stressed that "the job of selling currency is not one of the duties of the central bank," explaining that this was recognized by the governor of the central bank, who confirmed the Ministry of Finance's request to exempt it from this commission. He presented a three-stage proposal to review the exchange rate pricing on the basis of the impact of the oil price drop, while setting priorities for the import of raw materials for local industries - and he said that " As for the second stage, it requires "studying the exchange rate of the manufactured and exporting countries to Iraq in pricing the dollar against what is included in the development of industry and agriculture locally based on a standard situation for the purpose of fulfilling the market need of imported goods with locally produced goods." He also stressed the setting of "priorities for the import of raw materials for local industries" and warned what he called "black money", calling for the collection of customs, taxes and other fees such as product protection and others in addition to the exchange rate during the sale and transfer of currency, these foundations on which our mission and appeal appealed. As for the third stage, it concerns the tax and customs duties, and the council said, "The central bank still apologizes for doing it, as it is not one of its tasks." He concluded the question, "Why did the bank not apologize for selling the currency, which is one of the tasks of the Ministry of Finance?" M hn ended
  37. 16 points
    Good Afternoon Dinar Vets, here's an opinion & comment that will be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceives to be happening in Iraq. RON *** MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...!
  38. 16 points
    Quit trashing Obama's accomplishments. He has done more than any other President before him. Here is a list of his impressive accomplishments: 1. First President to be photographed smoking a joint. 2. First President to apply for college aid as a foreign student, then deny he was a foreigner. 3. First President to have a social security number from a state he has never lived in. 4. First President to preside over a cut to the credit-rating of the United States. 5. First President to violate the War Powers Act. 6. First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico. 7. First President to require all Americans to purchase a product from a third party. 8. First President to spend a trillion dollars on "shovel-ready" jobs when there was no such thing as "shovel-ready" jobs. 9. First President to abrogate bankruptcy law to turn over control of companies to his union supporters. 10. First President to by-pass Congress and implement the Dream Act through executive fiat. 11. First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S., including those with criminal convictions. 12. First President to demand a company hand-over $20 billion to one of his political appointees. 13. First President to tell a CEO of a major corporation (Chrysler) to resign. 14. First President to terminate America’s ability to put a man in space. 15. First President to cancel the National Day of Prayer and to say that America is no longer a Christian nation. 16. First President to have a law signed by an auto-pen without being present. 17. First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it. 18. First President to threaten insurance companies if they publicly spoke out on the reasons for their rate increases. 19. First President to tell a major manufacturing company in which state it is allowed to locate a factory. 20. First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN). 21. First President to withdraw an existing coal permit that had been properly issued years ago. 22. First President to actively try to bankrupt an American industry (coal). 23. First President to fire an inspector general of AmeriCorps for catching one of his friends in a corruption case. 24. First President to appoint 45 czars to replace elected officials in his office. 25. First President to surround himself with radical left wing anarchists. 26. First President to golf more than 150 separate times in his five years in office. 27. First President to hide his birth, medical, educational and travel records. 28. First President to win a Nobel Peace Prize for doing NOTHING to earn it. 29. First President to go on multiple "global apology tours" and concurrent "insult our friends" tours. 30. First President to go on over 17 lavish vacations, in addition to date nights and Wednesday evening White House parties for his friends paid for by the taxpayers. 31. First President to have personal servants (taxpayer funded) for his wife. 32. First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense. 33. First President to fly in a personal trainer from Chicago at least once a week at taxpayer expense. 34. First President to repeat the Quran and tell us the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth. 35. First President to side with a foreign nation over one of the American 50 states (Mexico vs Arizona). 36. First President to tell the military men and women that they should pay for their own private insurance because they "volunteered to go to war and knew the consequences." 37. Then he was the First President to tell the members of the military that THEY were UNPATRIOTIC for balking at the last suggestion. I feel much better now. I had been under the impression he hadn't been doing ANYTHING... Such an accomplished individual... in the eyes of the ignorant maybe. Feel Free to add...
  39. 16 points
    Update From The Meeting In Baghdad With The Kurds ... LINK He revealed the results of the regional delegation's talks in Baghdad and important details 23rd June, 2020 The deputy of the Kurdistan Democratic Party, Bashar Al-Kiki, revealed the results he described as “positive” in the discussions of the Kurdistan Region delegation during his visit to the capital Baghdad today, Tuesday. Al-Kiki said in a press statement this evening, "All results are positive between Baghdad and the delegation," noting that "the delegation of the regional government has shown all preparations in cooperation and in accordance with the constitutional frameworks in the financial relationship as well as details of oil imports." He stressed, "There is no objection to handing the region all oil and other revenues according to the Financial Management Law, as well as the ports and customs that will deliver their revenues by 50% to Baghdad and the rest to the region." "There is an initial agreement that the agreement be on the entire oil file, that is to say, commitment within the conditions that the region's government signed with foreign oil companies and pay its debts to the region, with the energy file covered completely and not fragmented, and this is offset by an understanding from Baghdad." He revealed that "the delegation of the region handed over all the data regarding the sale, production and marketing of oil to Baghdad, and this is no longer a problem, but in return, it included all the region's dues and raised its financial entitlement rate from 14% to more than 15%." A high-ranking delegation from the Kurdistan Regional Government, headed by Deputy Prime Minister Qubad Talabani, arrived in Baghdad this morning and met with Prime Minister Mustafa Al-Kazemi and a prominent delegation from the Federal Government in Baghdad. During the meeting, extensive discussion took place on the options of the two parties in order to reach an agreement on several financial and oil files, ports, customs, salaries and others. Meetings continue between the negotiating delegation of the Kurdistan Regional Government and the federal government in the coming days.
  40. 16 points
    Me as soon as I receive Adam's text message lmao 😄
  41. 16 points
    LINK Deputy: A number of MPs recovered from Corona and Wednesday, we will vote on the borrowing law 16:27 - 22/06/2020 MP Amjad Al-Uqabi confirmed, on Monday, that a number of members of Parliament were infected with Corona virus, but they recovered, noting that this week will witness a vote on the borrowing law. Al-Aqabi told Al-Maaluma that "a number of members of the legislative authority have recovered from Corona after contracting the virus during the past few days." Without disclosing their names. He added, "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
  42. 16 points
    Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat My CBI contact is still telling me that they are moving towards the completing the “project to deleting the zeros” this year, and sooner than later. Obviously, they are not going to give me exact dates. Other signs of what Iraq is up to tells us that movement is in the direction of the end of the month for something BIG. My expectation is the reinstatement of the dinar as this move it way overdue. I learned this week that Dr Shabibi was in fact at the Central Bank of Iraq working with them on the project to delete the zeros and mechanisms to roll it out. I HOPE THIS IS TRUE... LET'S GET IT DONE..! *** RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one. AMEN...! *** Ray A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments...NO SH-T..! I'd be pissed off also...!
  43. 16 points
    Comments From Militiaman ... They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo.. Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come.. A surprise is a good thing. A Positive Shock is a good thing.. Don't worry about the new salary scale... It will be adjusted accordingly to most likely fit and be inline to reflect their new purchasing power.. imo ~ So on the surprise, it means to me we are home and host in very short order. They have citizens ready by the millions to take to the streets if they don't get their reforms. The new PM told us he was in a hurry to get reforms done because of that. Well, they last night started telling them on TV that surprise was coming then they published it in writing.. That will not go on deaf ears.. They will have to move fast now.. ~ WOW!! Is some one at the door.?? lol I heard a bell ring.. lol ~ MM - MilitiaMan
  44. 16 points
    They were open yesterday which was the first day in weeks. Their normal trading days have been Sun, Tues and Thurs. However, last month they announced they would start trading 5 days a week (Monday through Thursday) starting June 1st (but then they pospoted that to the 7th, and then the 14th). I guess since they didn't open today, it means they're not going to 5-day-a-week trading yet. This makes me wonder if the RV is a prerequesite to them opening the ISX 5 days a week. It would make sense after all. I mean why would they want to suddently more than double their trading days every week unless they expected there was a need for it? And certainly RVing their currency would increase the world's willingness to invest in Iraq and thereby increase usage of the ISX. Hmmmmm...... HOPIUM ALERT!!! Maybe I was right after all, in that they' did try to RV several times already, but for whatever reason, just couldn't complete the process like they had planned. Maybe if we see another article about when they plan to inniate 5-day-a-week trading with the ISX, it might be a clue to the timing. This could also mean that perhaps RVing when the financial markets are closed still, is still a valid theory. I'm gonna keep an eye on the currency auctions and the ISX. But... it's still just speculation at this point, only time will tell if it's true or not. And as usually, we watch and wait.
  45. 16 points
    So the currency auctions started again today and the ISX reopened today as well. It was really only speculation on my part that having the financial markets closed would make it easier for the RV to happen, but I really just don't know. For sure a lot of good things are getting done quickly - maybe even the HCL. Although I will admit that I disagree with the majority of people about it. I just don't think getting the HCL done is a prequesite to the RV, and I never have. The HCL is about negotiating oil revenue percentages, and since oil is bought and sold in dollars, I don't think the value of the IQD is relavent. And even if it were, it seems to me that both sides will always want as big of percentage as they can get, regardless of anything else, so I don't see how having a higher value of the IQD would affect either side. Anyway.... I really don't know what to think about why it hasn't happened yet. But in my opinion, they need it ASAP. Also they really are working hard at getting things done, so I have to think we're still very close. Maybe this month, or maybe July...... GOOOOOO RV!!
  46. 16 points
    Coming down the wire indeed!
  47. 16 points
    CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“ ! Without prejudice to the salaries of employees .. A member of Parliamentary Finance offers several alternatives to overcome the crisis Policy 05/06/2020 09:43 240 Editor: am Baghdad today - Baghdad Member of the Parliamentary Finance Committee in the House of Representatives, Majid Al-Waeli, on Friday (05 June 2020), presented several alternatives to overcome the stormy financial crisis in the country, without touching the employees ’salaries, while he hinted that the committee will hold a meeting with Prime Minister Mustafa Al-Kazemi and the Ministry of Finance next week . Al-Waeli said in a press statement, "There are many alternatives that can mitigate the severity of the current crisis significantly, including an increase in the price of a barrel of oil, which is sold by $ 5 to the refineries of the Ministry of Oil, while the rate of selling it according to the 2019 budget is 60 Dollars. " And between, "Those refineries buy about one million barrels per day; that is, there is a difference in the price of up to 55 dollars, meaning that there is a price difference of 55 million dollars," noting that the treasury can supply about 50 percent of this amount, i.e. up to 20 25 million dollars. " He added, "The other alternative is to reconsider the sums of real estate sold cheaply and rented with sums, especially those that are located in the heart of the capital and in distinct areas of it, as it can be re-evaluated again because some of them are inhabited without paying any sums for the rents in the first place." He pointed out that "the government should also pay attention to the debts arising from telecommunications companies, especially mobile phones and the Internet, and their collection, which amounts to millions of dollars." Al-Waeli warned, "The amounts owed by the border crossing points, customs and taxes after being properly and clearly monitored, as well as transport companies, despite the existence of a crisis in that at the present time, all of which can be invested to alleviate the economic crisis caused by the drop in oil prices." He explained, "The executive bodies should take great care in the issue of the agricultural calendar and protect the product, by preventing the entry of unnecessary agricultural crops available in the local market, or imposing customs prices on the importer from them to equate with their local counterparts as they are cheaper than what exists in the Iraqi market, which leads Consequently, to revitalize the agricultural sector, especially in conditions of curfew, by paying attention to the agricultural lands owned by some citizens and whose crops are sufficient for consumption by them, their families, and their neighbors. He pointed out that "the committee has also proposed to raise the customs tariff for raw raw materials, after the Iraqi industrialists were harmed by them and those who import the raw material, to show then that their prices are more than the price of the ready-made imported material, which leads to the closure of the factory and the layoff of workers, while imposing a tariff On imported materials, he will make them in competition with the local product, "noting" the necessity of encouraging the national product and making a price difference between it and the importer. " He continued, saying: "It is possible to raise the exchange rate of the dinar against the dollar, even if only in a small percentage that corresponds to the vision of the central bank, after deliberating between it and the financial committee on this issue, despite the first refusal of the matter as a financial policy, but the committee is trying to hold the stick from the middle and the possibility of implementing this matter even a few numbers and gradually maintain the value of the Iraqi dinar against the dollar " . Al-Waeli indicated that "there is an expected meeting of the Finance Committee with Prime Minister Mustafa Al-Kazemi and the Ministry of Finance next week to present those alternatives before it and implement what can be implemented from them." And he added, "The committee is in the process of preparing an integrated study in the light of the reports submitted by both the central bank on the financial crisis and the government as a vision by the advisers' body, which dealt extensively with employee deductions as a solution to overcome the financial crisis." The government of Prime Minister Mustafa Al-Kazemi faces several problems, including the country's severe financial crisis, the emerging Corona virus crisis, and low oil prices. LINK
  48. 15 points
    Here - I’ll Use It In A Sentence For Ya ... Back When We All Bought Dinar - We All Thought That We Were ‘Juxtaposed’ To Be Invested In It Until The Following Weekend !
  49. 15 points
    Good Evening Dinar Vets, here's another opinion & comment by Frank26 that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Frank26 ...the Iraqi dinar's monetary reform is in full bloom and in a position to be announced IMO very soon. Especially with what they released today, "We busted Maliki and all those that were preventing the monetary reform." I'm hoping we're on the way to the BIG Event...! RON
  50. 15 points
    It's been repeatedly said that for a Nation to be sovereign its currency must be internationally recognized. And there's only one way that is going to happen for Iraq. These meetings with America and the IMF also include the U.N.. I believe that we are now witnessing the beginning of the GCR. Starting with Iraq most likely by 6/15/20. But BUCKLE up peeps cause when this happens it's gonna make the last 3 months look like Romper Room. In liberal terms, chaos will abound.


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