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  1. How to maintain macroeconomic stability? Some macroeconomic measures are opening up to trade, finding an appropriate exchange rate, managing inflation, and bringing the budget deficit to a manageable level. Finding an appropriate exchange rate….. Boom💥 We are close to see the appropriate exchange rate GO STRONGER DINAR
    34 points
  2. Report: Central banks globally are hoarding gold, hinting at worries over the US dollar’s stability. The move is led by BRICS nations, aiming to lessen their reliance on the dollar in international trade. Gold is being amassed as a strategic asset against potential dollar depreciation and a broader financial shift. The global stage is brimming with tension, and it’s not the kind that just ends when the credits roll. No, this suspense is way heavier and could hit your wallet like a ton of bricks. ~Jai Hamid ________________ Ariel: Now why did I post this? Well let's briefly go over the recent announcement by Iraq. On Thursday, 100 US dollars were exchanged for 146,750 Iraqi dinars in the Kurdistan Region. This is the lowest level the USD has seen in over 10 months. As of the beginning of the week, the value of each 100 US dollars was approximately 150,000 IQD, but quickly declined, so the value of each 100 USD declined by more than 3,000 IQD. Now what does this mean for the potential 1:1 or 3:1 parity of the IQD/USD where people who hold IQD can exchange and covert them to USD at a 1:1 or 3:1 exchange rate this year? Well if you are going off this report alone the difference in the decline decline in the value of the USD against the IQD from 150,000 IQD per 100 USD to 146,750 IQD per 100 USD is only about 2.2%. Which is no big deal. Iraq is one of those Central Banks who are sitting on tons of gold. This will help absorb the economic shock once they reinstate their currency on the Forex Market. Because remember all the BRICS Nations are waiting for Iraq. So everyone around the world is preparing. Because I told you all to keep your eyes on the following. 1. The Investment Law 2. The Budget Law 3. The HCL Law Let's go over these three areas briefly. The Investment Law in Iraq, known as Investment Law No. 13 of 2006 (amended in 2015), aims to promote and facilitate both foreign and domestic investment in the country. The law provides a framework for investment in various sectors, including industry, agriculture, tourism, and infrastructure. 5 Key Aspects of The Investment Law • Equal Treatment • Investment Incentives • One-Stop Shop • Land Allocation • Dispute Resolution Despite the favorable provisions of the Investment Law, Iraq still faces challenges in attracting foreign investment due to security concerns, political instability, corruption, and bureaucratic hurdles. So what is the one thing they need to fix this? The new exchange rate. What is next? The Budget Law Now what did the finance committee come out and say a few days ago? The Parliamentary Finance Committee, last Thursday (March 28, 2024), reassured employees and retirees regarding their salaries in the financial budget for the year 2024. What are the main things in the Budget Law? Well you would have to look in the 2023 budget first because these projects have not been financed with the new currency exchange rate. Infrastructure development: Funds allocated for various infrastructure projects, such as roads, bridges, and public facilities. Oil & Gas Sector: Investments in the oil and gas industry to increase production, upgrade facilities, and improve the sector's overall performance. Electricity sector: Projects to enhance electricity generation, transmission, and distribution to address the country's chronic power shortages. Water resources: Allocations for water management projects, including irrigation systems, dams, and water treatment plants. Agriculture: Support for agricultural projects and initiatives to promote food security and rural development. Reconstruction efforts: Funds dedicated to rebuilding areas affected by conflict and terrorism, particularly in provinces such as Nineveh, Anbar, and Salahuddin. Economic reforms: Initiatives to diversify the economy, attract foreign investment, and support the private sector. Guess what? All of these projects have been on hold for years. The most important ones being infrastructure, economic reforms, and the electricity sector. Iraq and Iran recently signed an electricity deal in March 2023. The agreement was signed during Iranian Energy Minister Ali Akbar Mehrabian's visit to Baghdad on March 7, 2023. Under this deal, Iran will continue to supply electricity to Iraq for the next two years. So we got that out of the way. Because it makes sense to ensure they have this in order to ensure stability in operations to facilitate a electronic transfer of new currency values. Because what did Al-Sudani tell the Iraqi citizens? To hold on to their Dinar because it will be the stronger currency in the region. One reason being is because their 2024 budget is equivalent to 70 tons of gold. Not only that Al-Sudani said they will be making an announcement before the end if Ramadan. Which should be sometime Monday for us to know what this is. Because their new fiscal year starts on April 1st. So I guess they will open up the books on their portfolio. Again I just listed many projects that need a exchange rate. So what is the current status of the 2024 budget? Well let's look and see what a member of the Parliamentary Committee said a couple of days ago. Qoute: " The head of the committee, Atwan Al-Atwani, told the official agency, followed by “Baghdad Today,” “We are awaiting the arrival of the 2024 budget schedules.” He added, "The salaries of employees, retirees, and the protection network are secured in the 2024 budget." Al-Atwani stressed, "There is no financial crisis in Iraq." End quote. And what is the one thing Iraq needs in order for this budget to have any real value for their economy? The new exchange rate. Will this be apart of the announcement Al-Sudani has mentioned? We will see. Do they have the luxury of dragging their feet another month or so for that matter? Absolutely not. One reason being is this. Prime Minister Muhammad Shiaa Al-Sudani announced last Thursday, the start of setting 2024 budget schedules that include added financial entitlements to the governorates that will be allocated to infrastructure. What are the entitlements? One major one is the HCL Law. Thought I forgot to mention this one didn't you? This law is basically a constitutional requirement for the Oil & Gas allocations that will be based on the exchange rate that has yet to he shown. It allows the citizens to get a monthly stipend. Here's how the proposed stipend system could work under the HCL: Revenue allocation: A percentage of the revenues generated from Iraq's oil and gas exports would be set aside for distribution among Iraqi citizens. Eligibility: All Iraqi citizens, regardless of their region, ethnicity, or religion, would be eligible to receive the monthly stipend. Distribution mechanism: The stipend would be distributed through a national fund or a designated government agency, possibly linked to the existing Public Distribution System (PDS) that provides essential food items to Iraqis. So as you can see they are in prime position to open their budget. Because this also mentions the citizens in this statement regarding their entitlements. Article quote: "...In addition to the possibility of achieving a significant increase in its financial incomes that would raise the purchasing power of the Iraqi individual...". Purchasing power will only come from the new rate. They are running against the clock people. Keep your eyes on the budget over these next few days. That's where our financial freedom is. This is the most exciting update because Iraq officially announced they are ready to open it. Goodluck out there.
    31 points
  3. “According to Hussein Mouanes, a committee member, the CBI's decision to cancel the currency sale window for 2024 has been made, but the exact commencement date for this change has not been specified.“ Has not been specified to the General Public. In my opinion we are really close. Go end of daily auctions Go delete of 000 Go Stronger Dinar
    22 points
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Sandy Ingram We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar. Unfortunately people get greedy, and aren't always satisfied with the gain that God brings. Tomorrow is Good Friday, and we should all remember the torture and sacrifice Jesus endured, and made, to redeem us from the curse of sin and death, and restore us back to the Father.
    22 points
  5. This is the MOST significant article we have seen to date……..remember ALL of the articles we have read about WHY the auctions have been held and one the reoccurring reasons has to try to stabilize the exchange rate. Saleh has come out and admitted that the rate is manufactured through/by the auctions….now we have this article saying we are going to see a FLOAT. It sounds like they are talking about managed float but never the less we are going to witness a significant rate change. The music that was to my ears is them saying we are going to see a reversal on which currency will shows signs of scarcity…..ALL these years there has been a fight for citizens to get their hands on the dollar now they’re saying that won’t be the case anymore…..the rolls are going to be reversed. EVERYONE get ready we have been waiting a LONG for this ride to end….For me it has been since February of 2009….I’m not claiming it’s going to be .01 ……. .10…… or a dollar BUT we are definitely going to see a change.
    20 points
  6. President Barzani and PM Al-Sudani forge preliminary oil agreement in Baghdad talks IraqBreakingBarzani 2024-04-06 14:02 Font Shafaq News / President of the Kurdistan Region Nechirvan Barzani confirmed on Saturday that a preliminary agreement has been reached on the oil file, one of the most prominent outstanding issues between Baghdad and the Region. Barzani, currently visiting Baghdad, addressed journalists following his meeting with Iraqi Prime Minister Mohammed Shia Al-Sudani, expressing gratitude for the PM's efforts in resolving issues between Baghdad and Kurdistan, as well as his broader efforts to tackle Iraq's challenges. He noted Al-Sudani's commitment to serving Iraq as a whole, including the Kurdistan Region, since assuming office. "In our meeting today, we reiterated our support for his government program and the implementation of agreements, including those concerning the formation of the government. This includes the crucial aspect of ensuring the salaries of the Region's employees, as stipulated in the agreement between Al-Sudani and the Prime Minister of the Kurdistan Region, Masrour Barzani. We anticipate continued progress in this regard," President Barzani affirmed. Barzani also highlighted discussions on future relations between Baghdad and Kurdistan, expressing hope for a mutual understanding during Al-Sudani's presidency. "We have also discussed the oil file, where a preliminary agreement has been reached. We aim to resolve this issue through constructive dialogue," he added. Expressing optimism for Al-Sudani's visit to Washington, President Barzani emphasized the importance of success that benefits all of Iraq. Meanwhile, Al-Sudani reiterated his government's commitment to paying the salaries of Region employees, emphasizing its responsibility to ensure the well-being of citizens. "We are dedicated to upholding our responsibilities, which include securing citizens' livelihoods through continued salary payments," he stated. Regarding discussions with President Barzani, Al-Sudani outlined the focus on unresolved issues such as oil exports, budget amendments, and contractual matters, which will be addressed in line with the tripartite budget law. He highlighted the "need for responsible dialogue and announced an upcoming meeting of the State Administration Coalition where President Barzani will be hosted." President Barzani's official visit to Baghdad includes meetings with Iraqi President Abdul Latif Rashid and Prime Minister Mohammed Shia al-Sudani, as well as participation in the State Administration Coalition (SAC) meeting, where discussions on resolving disputes between Erbil and Baghdad are expected. An "extraordinary" meeting of the SAC is scheduled for Saturday, focusing on political agreements and solutions to outstanding issues between Baghdad and Kurdistan.
    20 points
  7. Breaking News CBI auctions +$1 billion in forex on Saturday Iraq's Finance Committee reveals CBI's steps for currency sale window cancellation EconomyIraqCBI 2024-04-20 18:58 Font Shafaq News/ On Saturday, Iraq's Parliamentary Finance Committee revealed that the Central Bank of Iraq (CBI) has outlined a pre-cancellation plan for the currency sale window, citing the necessity of preparatory measures before implementing this decision. According to Hussein Mouanes, a committee member, the CBI's decision to cancel the currency sale window for 2024 has been made, but the exact commencement date for this change has not been specified. Mouanes clarified to Shafaq News Agency that the cancellation is conditional upon private banks' reliance on international bank correspondence and currency transfer methods. This move follows the CBI's transfer of its "correspondent" role to several foreign banks, which has raised concerns among some observers due to its ambiguous implications. Central Bank Governor Ali Mohsen Al-Alaq had previously announced in November 2023 the initiation of dollar supply within Iraq through accounts held by Iraqi banks overseas. However, Mouanes pointed out that this step necessitates an enhancement in the rating of Iraqi banks to enable their interaction with international counterparts, highlighting the current lack of foreign accreditation and correspondence for Iraqi banks. The currency exchange system, which includes foreign currency auctions, meets the demand for foreign currency and supports various monetary policy objectives. However, criticisms of this system have surfaced due to its substantial daily costs and impact on the central bank's reserves. Analysts have pointed out that overreliance on fixed exchange rates tied to oil revenues has led to the currency window being perceived as a function of oil rents, hindering economic transformation in Iraq. Despite its drawbacks, the currency sale window has played a role in stabilizing the Iraqi dinar exchange rate and bridging the gap between official and parallel markets
    18 points
  8. The dollar auction must come to an end. Go end of dollar auctions Go free market economy Go stronger dinar
    18 points
  9. This comes after the Federal Court decision. Go HCL Go Profit Sharing Go Stronger Dinar $1:1 Go Purchasing Power
    18 points
  10. @Laid Back you have no idea how much I am praying you are correct right now.
    17 points
  11. "According to Hussein Mouanes, a committee member, the CBI's decision to cancel the currency sale window for 2024 has been made, but the exact commencement date for this change has not been specified." This tells me they won't wait until the end of the year to cancel the auctions. I could be wrong.🙏
    17 points
  12. “Things are moving towards complete control of the dollar exchange rate, and we may witness a clear and rapid decline in the coming days.” The only way for a rapid decline and complete control of the dollar exchange rate is ending the exchange control. Go end of exchange control Go end of daily auction Go free market economy Go STRONGER DINAR
    17 points
  13. We are waiting for the arrival of a new exchange rate..!!! Go 2024 Budget with a new exchange rate. Go stronger Dinar.
    17 points
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Sandy Ingram The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners. [Post 1 of 2] Sandy Ingram Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar... This could happen overnight but it is unlikely. [Post 2 of 2] Samson Article: ”WTO - ACCESSIONS - MAY 9th, 2024 - Includes Iraq" Militia Man Article: "The start of drawing liquidity from the hands or Iraqi's" Iraq is getting money outside of the bank, into the bank...They've gotten off the street upwards of 8 trillion dinar. That's a lot of dinar...Reducing the note count is the direction which is where they're headed...If you reduce the note count, purchasing power comes with it...
    16 points
  15. Be careful when you see a video that takes snippets of Kim's prophecies to try to build a timeline. I believe the dinar breakthrough is before the exposures and summer to fall events. That's why Kim said get out ASAP. We will have the funds to help those in the dark times. Like @screwballsaid, I believe the dinar/QFS event happens simultaneously. Great to see the prophecies again. Thanks @gregp.
    16 points
  16. All the people we have seen pass away during our wait. When this comes to fruition we should all toast those who have passed.
    15 points
  17. Similar scenario in my head…. Exciting … staying grounded.! Go stronger dinar.
    15 points
  18. So, theoretical senario.... Al Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled for reading in parliament at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June
    15 points
  19. “The Iraqi government declared, on Monday, a 50% reduction in external debt, reaffirming its commitment to ushering in a qualitative shift in the Iraqi economy.” “According to government spokesperson Basim Al-Awwadi, "As a testament to the government's transparency in economic endeavors and to keep the national and international media and public informed about Iraq's economic performance” “these steps pave the way for further integration of our country into the international economic cycle.” Iraq is moving forward towards an Open Market Economy to be part of the international economic cycle. A stronger dinar is closer than ever. Go Iraq Go international Go Open market economy Go stronger dinar $1:1
    15 points
  20. Not news i am reflecting on past i love you guys and girls more girls god loves you so does Davis he loves you just wanted to thank everyone for who they are and what they bring nicest group for 10 yrs plus I have never met Gave up so Davis for VP beside Trump
    15 points
  21. Luigi wishes everyone a blessed Resurrection Sunday. Remember the reason for the season. May all Dinarians be blessed. May your blessings come through very soon. Remember...pay it forward, bless family, friends & even strangers.
    15 points
  22. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time. Mnt Goat Article: "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years." OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate.
    15 points
  23. Member of the Sudanese delegation: We will witness a rapid decline of the dollar in the coming days Member of the Sudanese delegation: We will witness a rapid decline of the dollar in the coming days 04/17/2024 A member of the delegation accompanying the Prime Minister, Aed Al-Hilali, suggested that things would go towards complete control of the dollar exchange rate and a clear and rapid decline in the coming days. Al-Hilali said: For the program {Free Speech} broadcast by Al-Furat satellite channel this Tuesday evening, it was stated that: “ The visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington carries within it a lot of good news for the Iraqi people, as it was able to achieve many gains. – The agreements that were signed with major international American companies.” It is concerned with the Iraqi people, one of which is energy and in various fields. – There are American companies that have signed agreements to manufacture sprinklers and cars that fall within the needs of the Iraqi state, in addition to handing over a number of Iraqi antiquities today to the Iraqi side. – Iraq has made great strides through the Sudanese government in the field of financial reform, and we need To a measure that could organize governmental and private financial institutions in a way that makes them stable in dealing with their counterparts in the world – what the government has done in terms of opening corruption files and operations to control the dollar are all taken into consideration by the United States of America, which will stand and help Iraq in the next stage, and I believe that. Things are moving towards complete control of the dollar exchange rate, and we may witness a clear and rapid decline in the coming days. The US Treasury praised the Iraqi government’s steps in developing the banking sector. But no decision has been issued yet regarding lifting sanctions on private Iraqi banks. alforatnews.iq
    14 points
  24. Move the rate ... then they would have all the control they need.
    14 points
  25. Word of caution! I know some will want to tell family/friends/neighbors "I told you so" after the RV. But DON'T risk putting yourself in potential danger. Exchange & move quietly! If u wanna help some..do it cautiously!
    14 points
  26. Experts: Prime Minister's visit to Washington will achieve significant financial and economic gains for Iraq Economy / Investigations & Reports Today, 18:38 +A - A-A. Baghdad – Waa – Amna Al-Salami Economists and political analysts agreed on the importance of the economic and financial aspect of the visit of Prime Minister Mohamed Shia Al-Sudani, noting that it will strengthen cooperation relations in the files of banking reform and the fight against corruption and achieve significant financial and economic gains for Iraq. Activating economic and financial cooperation Writer and political analyst Haitham al-Khazali told the Iraqi News Agency (INA) that "the visit is of great importance because it will discuss activating the strategic framework agreement and getting the relationship with the United States out of the security framework to the rest of the frameworks stipulated in the strategic framework agreement by activating cooperation in the financial, economic, environment, energy and anti-corruption aspects." "We believe that this visit will be crowned with success and contribute to achieving significant political and financial gains due to Iraq's increasing importance in the region, its openness to the countries of the world, investment opportunities and existing economic resources, and the possibility of establishing economic partnership relations with the United States and cooperation in all other aspects, the most important of which are banking and economic reform, combating corruption, energy and addressing the effects of climate change," he said. "The prime minister is expected to meet with officials in the US Treasury Department, and the meeting could contribute to lifting sanctions on some Iraqi banks and easing the conditions for financial transfers to Iraq, which will contribute to strengthening and strengthening the Iraqi dinar against the US dollar," he said. "It is also hoped that the visit will witness the signing of agreements with companies investing in conventional energy as well as in the field of clean energy in cooperation with American companies, while strengthening cooperation in banking reform, activating anti-corruption laws and global transparency agreements, and supporting Iraq's efforts to recover its wanted and funds in the United States," he added. Addressing the file of disabled banks Mustafa Akram Hantoush, a specialist in financial and banking affairs, told the Iraqi News Agency (INA): "The visit carries economic goals of 50% of its agenda, especially from the banking side, and the prime minister is aware and fully oriented towards supporting the reform of the banking sector, which is included in the ministerial program." He added, "The prime minister is supposed to meet with representatives of major US banks to request facilities for the Iraqi banking system, as well as he will meet with officials of the US Treasury Department and the Federal Bank, and we expect that there will be an official request to remove sanctions on some of the sanctioned banks that have not been proven violations." Iraq turned into a workshop Meanwhile, economic expert Abdul Hassan al-Ziyadi confirmed in his interview with the Iraqi News Agency (INA) that "Iraq seeks to invest in the strategic framework agreement and the visit would remove the problems, especially financial, that plagued the relationship between Baghdad and Washington in previous governments, which the current government moved to implement real reforms to end it." He added that "the government of Prime Minister Mohammed Shia al-Sudani has implemented actual and practical steps in the field of financial and banking reform, accompanied by economic mobility to implement important projects that turned Iraq into a workshop, which invested in government work that enhanced political and security stability and provided the appropriate ground for the private sector and foreign investment to exploit the great opportunities in the fields of construction, reconstruction and strategic projects." He added that "the activation of the strategic framework agreement with its financial, economic and investment aspects will contribute to the United States, as the first economy in the world, playing an important role in supporting the investment movement and the Iraqi economy," noting that "the Prime Minister accompanied with him a delegation representing the Iraqi Private Sector Council, and this is a precedent that occurs for the first time in Iraqi governments, and it represents great support for this sector in establishing partnerships with American investors and companies to support the investment movement in Iraq." An important visit in light of regional conditions Economist Nabil al-Tamimi said in his interview with the Iraqi News Agency (INA) that "the visit is one of the most important stations for drawing Iraq's foreign policy in light of the current regional conditions and its main goal is to draw the future relationship between Baghdad and Washington through bilateral agreements, and the fact that the Prime Minister is working to draw a framework for the relationship between Baghdad and Washington that suits Iraqi ambitions to preserve sovereignty as well as enhance economic and trade cooperation and cooperation in combating corruption."
    14 points
  27. I believe everything going on right now globally is part of the show. I 100% believe there will be a huge scare event (Fake ww3) that will be used to help wake up those that are still asleep. Having said that, people will still die as this is a war between good and evil and I believe there are those low level people still fighting the war being exposed. Iran and Isreal are definitely center stage as is China, U.S and Russia. I suspect things will get pretty scary and then all of a sudden arrests will happen publicly, trump steps in publicly and quickly turn it around and reset happens during the mess...
    14 points
  28. Girl we are dealing with 2 mentally deranged, evil, incompetent individuals in the Assaholla and Branden, so ANYTHING could happen. That's all I have to say on the matter!!!
    14 points
  29. "IN A LANDMARK STUDY" They lost all credibility right there.... Fact of the matter is that more often today's conspiracy, in time, becomes tomorrow's factual explanation! Follow the Science??? That really worked out with covid......didn't it? The MSM is the worst & first at labeling credible information as conspiracy.....Hunters laptop comes to mind.... Dumb article in my mind.....always good to post articles/examples from "those in the know"..... let's us see how stupid they think we all are.......lol CL
    14 points
  30. President Barzari on Eid al Fitr: May this holiday be filled with Peace and happiness May you all come back from your holiday and fill all of us with your peace and happiness, by revaluing your currency!
    14 points
  31. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick and Frank26 W. This monetary reform is right in front of your face. It's at your doorstep. F. I envision being at the very edge of a cliff, on my tiptoes, with my arms out, leaning forward, my head down, waiting for a gust of wind to let me fly.... Goldilocks Iraq is in the process of signing bilateral agreements that will support their infrastructure through their shipping ports. This move will help Iraq to spend their money locally and support their own economy. Projects such as this will help justify new values on their Iraqi Dinar...
    14 points
  32. “Prime Minister Al-Sudani affirmed that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions, as documented in recent UN reports“ I see Iraq moving forward like never before. Go Iraq 🇮🇶 Go transformation Go Former Glory
    14 points
  33. Living in the Pacific Northwest is challenging for a motorcycle rider. You need to be ready for sudden and extreme weather changes. It’s not just the frequent rain, it’s the sudden drop in temperature from 60° to 40°, that when combined with wind chill at 70mph drops to around 30° in addition to being soaked to the bone if you are caught off guard without the right gear. Which is why I was so concerned when the waterproof zipper broke on my very expensive cold weather jacket I carry in one of the saddlebags. Fearful I would have to pause the weekend rides that recharge my soul for a few weeks, I went to a small alterations shop. The seamstress replaced that zipper in under two minutes. I had to chuckle. Here I was, having designed and engineered complete commercial buildings, from utility to plugs and switches, rebuilt automatic transmissions and every kind of engine, yet scared to death of a darn zipper. We were chatting as she was performing her magic. I mentioned something that she expounded on, and then I asked if she was Christian. Without hesitation she said she was. To which I confirmed I was as well. We both gave glory to God, and enjoyed our unexpected Christian fellowship. When she was done, I paid for the repair, and added a 50% tip. She was obviously foreign born, but spoke English very well. As I took off, I thoroughly appreciated the true core American Ideals she brought to our society when she left whatever Asian country she came from to live a better life here. I hope she had some kids, because I know they would have been raised well, understanding the gift of America. I am a second generation American, among the first “natural born” in the family line. That little trip to the tailor did far more than serve to fix a broken zipper, it confirmed to me that regardless of the MSM and others screaming “God is dead”, or apologizing for any imagined slight, the truth of the human spirit was manifest in that short encounter. Some of the greatest patriots I’ve known were first- and second-generation Americans. Driving away I said a prayer and thanked God for the encounter. Please, don’t let the propaganda destroy your soul. America lives in the Spirit of every Christian, and that can never be taken away....JMHO...DM
    14 points
  34. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Nader From The Mid East In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire. No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States ...have to say yes you can do it or not... The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq. Walkingstick Executive order 13303 was the protection of the DFI funds of their oil money. All protected by the United States of America...No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds ... 13303 was not sighed. This is good. It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...
    14 points
  35. Of course you do caddieman, almost impossible for people like you with TDS to get over the fact he is being railroaded by the corrupt left that you seem to have ZERO problem with!!!
    14 points
  36. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 IMO the United States of America has been paid in full...mission accomplished...IMO Iraq and the United States have come to an agreement on many files and the one important file was the sanctions on the banks that needed to be lifted...There is a lot happening. It is complex. It is tedious. It's all concerning the monetary reform. Pimpy Surprise! I literally just a couple months ago was looking up the steps Iraq has to take in order to get back on the Swift system and it listed everything saying they were in the process. That's all it said. Apparently they are beyond the process and they've been through the process since the end of 2022 beginning of 2023. Great, that's another big accomplishment for Iraq. We need to make sure restrictions under the currency are lifted. We need for them to get into the World Trade Organization and we need to see them on the Forex. Those things have got to be coming soon. This is exciting new for Iraq... MarkZ ...Bank Story...One of our members went into a Wells Fargo and spoke to a manger. She asked if all the recent redecorating was because they were going to be a redemption center. The manager said “As a matter of fact –yes.” Then went on to say that they have to wait for a notifications to start... I thought this was positive as we so rarely get a positive story from WF. Militia Man Article: "Fouad Hussein: America avoids talking about sanctions against Iraqi banks" The banks that were sanctioned were likely ones that may have had connections to the crime of the century. Those arrest warrants for many in the previous government are fresh in the news. Regardless the US Treasury has more important things to talk about. They are talking reforming the banks and financial issues above and beyond energy!! Things are coming along very well. They are setting the stage in the USA and the UK, while informing us all along the way.. I so very like today's news.. It is amazing. Walkingstick The citizens of Iraq are not exchanging for the float. They're exchanging for purchasing power. That's all the Iraqi citizens get. They only get purchasing power of their currency which is everything to them. Sandy Ingram A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military...the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms. Frank26 ll the contracts that Al-Sudani signed around the world are now being recalculated and being converted into dinars...That takes guts to do that. Normally a country would simply walk away and say forget you, up yours. But right now Sudani has so much power, he is in so much control that the world will bow to any of his demands concerning the economic reform of Iraq all because the monetary reform was successful and proven to them. They all want a piece of Iraq, at whatever cost. Fnu Lnu The Dinar Mythology surrounding this EO is amazing...It says exactly NOTHING about buying Dinar. Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq... Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise. The Executive Order also declares a national emergency to deal with the threat to a peaceful reconstruction of Iraq, which US Presidents have renewed every year since, most recently in May 2023. MarkZ There are some meetings with Iraqi ministers in DC and some at the UN in New York. We will not see Sudani until April 15th…but no part of me thinks they would pull the trigger with him not in his own country. Comment: IMO Sudani isn’t coming here on 4/15 to raise rates after he leaves…i think he is taking a victory lap because it will RV before he comes. Mark: That is what I think is going to happen. My gut is screaming somewhere between now and next Wednesday based on what I am hearing...but nobody knows the exact timing. I certainly am feeling good about it.
    14 points
  37. Well I was just sent a photo of currency exchange outlet in Houston that’s showing Iraqi dinar? Waiting in confirmation from my cuz and her friend that lives in Houston? If there is anyone else in Texas that can confirm and post would be great! If it’s listed on a currency board then we are pretty close!
    13 points
  38. It appears that Iraq is starting to move in the right direction. I am starting to feel really good about the revaluation happening very soon.
    13 points
  39. “Political analyst, Abbas Al-Ardawi, confirmed that the visit of Prime Minister Mohammed Shia Al-Sudani to Washington came to liberate the Iraqi dinar and stabilize the economy.” Liberate the dinar let it be FREE. Go end of exchange control Go Free dinar Go open market economy Go stronger Dinar
    13 points
  40. Well put...but... The bogus Hush money trial is being tried as a Federal Felony by the State. That is not the law....the state has no jurisdiction here and the State case was already tried some time ago and is over. The fraud case.....a $460 million fine....had no victim, or plaintiff....the banks/loaners testified in favor of Trump. A loop hole from the 1800's was what allowed this NY State case to go forward, along with a corrupt AG, and Court System. This will be over turned by the higher courts because the "law is the law". $83 million defamation case....same thing... Fanni in Georgia will go to prison just like Michael Cohen did.....all because as you stated....."the law is the law" Just my thoughts....CL
    13 points
  41. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about Sudani's trip to Washington. They saying high security and military personnel will accompany him...It looks like we're going to go this time with a completely different exchange rate. FRANK: My hope and prayer is he will talk to you about your new exchange rate because it is time to do so. He has given you every hint... every scenario... every option of why you're about to have a new value to your currency, about why your currency will be more valuable than the American dollar...I am sitting... in great hope he will make an announcement that will add purchasing power to your currency and then go to Washington with that power representing him as the leader of Iraq, a free sovereign nation and not the loser of a program rate country with sanctions upon him. Pimpy The average dinar holder only holds 250,000 dinars... I wonder how Pimple knows this obscure detail - no proof its a fact
    13 points
  42. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy On the one hand this [Closing Iraq's DFI in the United States] is a big step for Iraq. They now have control over their own funds and they can make their own decisions without asking for permission. On the downside we still have Maliki and the Coordinating Framework in charge of the government... This is a good thing though. It's a big step for Iraq. It's a big step in gaining their freedom 100%. Internationally it looks really good for Iraq as well...Untied States is saying, 'Look, we trust Iraq can deal with whatever comes at them...' Frank26 [Iraq boots-on-the-ground report] FIREFLY: Have not seen any of it on the news today about the lower notes that are going to be distributed in May... However there are a lot of rumors saying it was something out here today. We have not seen yet but we are looking... FRANK: There are many rumors about the monetary reform right now. Yes there seems to be a rumor about the lower notes...let's see what happens this coming week. Let's see how things start to unfold.
    13 points
  43. I hear ya. It has been confirmed on the WTO site their accession is happening this year. I do feel that very shortly this will be behind us in a good way!
    13 points
  44. AMEN...I'm right there with you Luigi. May you all have a Blessed & Joyous Resurrection Day..! RON
    13 points
  45. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Don't despair if you're having trouble at banks...IMO just go to a bank that exchanges foreign currency. We're using Chase as one example. There's others. Go to that bank and simply open a savings or checking account. If they ask you why do you want to open this checking or savings account tell them because, 'I have money...I want to put into the account.' Once you have your account open, go home and just sit there and wait until it happens...When the blessing occurs go back to that bank and tell them, can I talk to your Wealth Manage Department? They'll send you to the back, away from the bank and they will take care of you... Pimpy People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself. No, what he said was Iraq would pay for the war itself, not the Iraqi dinar. (True...But they would use the IQD..! Remember all the Coalition countries got IQD as collateral.) They're talking about the oil. It wasn't even Bush that said that...Not so sure about this statement; however, Bush would tell GI's he visited in the hospital to get some IQD - a fact... MarkZ We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time. Militia Man The private sector is going to be the fuel to what they consider is the most important project in the world (Development Road project). Their words not mine. Article quote: "The initial designs for the Development Road Project have reached advanced stages... The development road is a vital project, one of the most important projects in the world..." Paulette While Iraq appears to be on the way to a full RI, I believe there will be an interim step very soon. If they make the move I anticipate the MCP will be quickly eliminated and they can proceed to a full RI. A RI is full Article 8 compliance and a return to the rate that reflects the True Value. In 2009, the MOP/MOF stated move to 1.14-1.17USD/IQD and monitor for inflation up to 3 years and then move the rate to reflect the True Value of 3.208USD/IQD. This was the plan of Dr. Shabibi, and it appears they are back on track following that plan.
    13 points


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