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Good Tuesday Morning DV ... RON Once Again, NO Daily Auction today. Tuesday - 3/31/2020 The ISX has not reopened for business - no reported currency change. That's 15 consecutive days (4 days closed), 11 no Auction days. And our WAIT continues.... I hope each of you will have a blessed day ... Try to spend some of it with GOD..!

This is very exciting.!!! Looks like April is our month. Go CBI Go April Go RV Thanks Ron👍🏼

Thanks to each of you for your comments. As to April 12th ... I sincerely hope a value increase will happen prior. They just announced their CBI Reserves exceed 87 Billion (up from 60 billion previously reported).

Thanks for all your comments - Be Blessed everyone...! RON You're all great...!

3-30-2020 Intel Guru Footforward [Question: "Are you still confident that we are looking for a rate change in the near future...?"] I can't give financial advice or investment advice. I'm not a financial expert. But it's my opinion MANY things are coming together that have been spoken of. And IMO, it's the best window we have seen since 2003. 3-30-2020 Newshound Guru Pimpy If and when there is an increase in value to the IQD: People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever... 3-30-2020 Intel Guru Frank26 [Question: "...If it's political for not moving things forward, who's responsible?"] ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this corona virus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys 3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Saleh had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended. 3-30-2020 Intel Guru Frank26 [Question: "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?"] I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...

Looks like the TBI is ready for international business.!

3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way... 3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] ... (post 2 of 2)...SEE THIS MORNINGS POST FOR PART 1

3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two years. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected...(post 1 of 2)...more to come... 3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Corona virus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Corona virus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight... Good Morning DV ... RON

In the past you would say post things like, “I don’t think we are close, or it’s just not time”. You always had facts and articles to back up your opinions. I believe you even collected some grief for those opinions. I always appreciated your candor and your willingness to stick your neck out and write those unpopular posts. You did the research and you gave us your opinion, BRAVO!! Bravo!! Bravo!! So now when I read your posts and you write, “ This is very exciting. Looks like April is our month”, I tend to listen up. You are not a cheerleader or a Pollyanna, all things are great poster. Man, do I want to agree with you and get all fired up too. Yes, there are many things lining up that appear to point to a big change. I just hope for all of us, “ April is our month” BTW, if we don’t get our RV I will never get upset with the excitement on this board. A little hopium goes a long way and I appreciate all you bring to the board LB. There are many good people on this board who have shared their research. Thank you all!!!

Wow! When Mr. Laid Back is excited, I’m excited! You have always been one of the most well informed, level headed people on here. This post made my day! Thank you!

Iraq is circling the drain . . . pretty , and is NOT going to be an Iraqi but an Honest to Goodness Funky Western Civilization a couple more times circling that drain all we're going to hear is a massive sucking sound as the BIG SWIRLY swallows IRAQ whole - SOON- DAMN, I MEAN DAMN ! ! ! ! WTF Y'all better get your poop in a group and fast

Iraqi Trade Bank raises its capital to 3 billion dollars The Iraqi Trade Bank logo, «Economy News» http://economy-news.net/content.php?id=19520 Banks The Economy News - Baghdad The Iraqi Trade Bank (TBI) announced today, Monday, the increase of its capital to 3 billion dollars. The bank said in a press statement received by "The Economy News", the Iraqi Trade Bank increased its capital from 2.3 billion dollars (2.7 trillion Iraqi dinars) to 3 billion dollars (3.5 trillion Iraqi dinars) in light of its business results for the year 2019 after its audit by the International Audit Company Ernst & Young (E&Y) and based on the approval of the Prime Minister of Iraq. He added that he achieved great growth in his revenues for the financial year ending 31/12/2019, reaching 708 million dollars (837 billion Iraqi dinars), an increase of 12% over the previous year and a net profit of 556 million dollars (657 billion Iraqi dinars), an increase of 68% from last year. Number of views 62 Posted on 3/30/2020

I'd surely love to cut into those reserves even if it is just kibbles and bits to them.

Yes, it looks like it. Raising your capital raises your liquidity. This is done so they have more cash on hand when it is needed for loans and other investments or people just wanting cash on hand. A bank won't do this unless something is in it for them. Something is afoot. Hopefully an RV.

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Thanks Ron and no auctions is for sure good news.

The date is imminent .. Newspaper: Washington decided to hit 10 targets of four Iraqi factions Political | 10:29 - 31/03/2020 Baghdad - Mawazine News , a Lebanese newspaper revealed, on Monday, a decision by Washington to hit 10 targets of four Iraqi factions. The Lebanese newspaper, Al-Akhbara, quoting Iraqi security sources, said that "the American forces made a decision during the past hours to strike the headquarters of the" missile force "of the" Badr Organization "(led by Hadi al-Amiri) and Asaib Ahl al-Haq (led by Qais Khazali) and the Al-Najaba movement (led by Akram al-Kaabi) and the Hezbollah Brigades - Iraq. The sources added, according to the newspaper, "These targets numbered at least ten, and they are distributed in the eastern and central governorates, while some Iraqi military leaders were briefed on the initial date of these strikes." She suggested, "The date of the strikes is imminent. The Americans refused to come down at the request of the resigned Prime Minister, Adel Abdul-Mahdi, demanding to" calm the situation "or even inform him of the" date of the initial strikes "unlike Washington's dealings with some military leaders." End 29 / A 43

JMARTIN1145 POSTED: Don't take this the wrong way Ron. But I am looking forward to the day that I don't have to worry that you post about the daily auctions. Me too...LOL..! RON -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- THANK YOU ALL FOR YOUR COMMENTS...HAVE A BLESSED DAY..! RON

Don't take this the wrong way Ron. But I am looking forward to the day that I don't have to worry that you post about the daily auctions.

We agree 100% on that

$87 billion dollars in reserves.... that’s HUGE ➕ 11 consecutive days without currency auctions. Go CBI Go Reserves Go RV Thanks again yota 🙏🏼

Disclosure of the size of Iraq's cash reserves amid strict warning 03/31/2020 07:36:03 Shafaq News / Parliamentary Finance Committee revealed, on Tuesday, the size of the central bank's reserves of foreign currency and gold bars, while warning of tampering with the reserves by implementing agencies. "The central bank reserves amounted to 87 billion dollars, and it does not include cash and foreign currency only, but it includes gold bars," the committee's rapporteur, Ahmed Al-Saffar, told Shafaq News. He added that "an increase in the reserves comes through the process of withdrawing, depositing and obtaining the benefits that are taken from the loans granted by the bank to the government, banks and state institutions." Al-Saffar continued, "The central bank reserves are used only in critical cases, and any manipulation of the reserves by the implementing agencies will affect the financial arrangement of Iraq within the global rankings." He explained, “Withdrawing funds from the bank’s reserves without studying will reduce the Iraq-B rating to D, confirming that“ this classification depends on the domestic product, the general budget, and the economic situation of the country. ”Fitch maintained the credit rating of Iraq at (B). -), a degree of risk, but with a stable outlook look. Iraq, the second largest crude oil producer in the Organization of the Petroleum exporting countries (OPEC), with an average daily production of 4.5 million barrels per day. the decreased government debt in Iraq to less than 50 percent of GDP in 2018, compared to 66 percent of GDP in 2016 and reached the reserves Foreign Mellat excluding gold, Iraq has $ 61 billion at the end of 2018, compared to US $ 46 billion in 2017. The range of external debt service to the Iraqi government between $ 2.5 billion and 2. Fitch said that the decline in oil prices leads to a renewed deterioration of the fiscal situation and balance of payments in Iraq between 2019-2021. Iraq, a member of OPEC, relies on oil revenues to finance up to 95 percent of the country's expenditures.

For me no blame game....and, skip this current crisis.........the US gives $billions away in foreign aid.....yet there are homeless vets living on the street.....that's the real crime! CL

Economist: Iraq will not stand up to the crisis and the dollar exchange rate will rise after 6 months 31/03/2020 Information / private .. Economist Salah Al-Zaidi said on Tuesday that Iraq and if the crisis persists, it will not last for long, pointing out that the dollar exchange rates will rise above its normal level and the central bank will lose its control after 6 months of the day in the event of continuing low oil prices. "The reserves of the central bank amount to 60 billion dollars, but this amount and if it was manipulated, the dollar exchange rate will be affected if the current economic crisis continues," Zaidi said in a statement to "The Information." He added that "the continued decline in oil prices will lead the central bank to use the cash reserve to cover the market need and the operational budget, and therefore the dollar’s scarcity in the markets will raise its value against the dollar, especially if the current situation continues to more than 6 months." And that " Iraq should resort to other means to enhance its budget, especially as there are a lot of resources that are not utilized properly, including religious shrines, tourist sites, state properties, agricultural and residential lands belonging to the Ministry of Finance, in addition to housing complexes that could be an alternative to oil imports." 25 n ended https://www.almaalomah.com/2020/03/31/465632/

Thanks, Ron! My eyes are on tomorrow first of April to see what they at the CBI do.

This is getting better every day!! Many thanks again Ron for bringing us the news!!

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I only spoke to my friend very quickly tonight in passing, but I asked him how the new PM elects name is pronounced seems it seems hard for people to pronounce it.. He said is sounds like “Surf-Fe” Or like “Zurf-Fee”.. so anybody wondering how to say his name, that’s how apparently..

Thanks for the great Article Pitcher ... you're awesome in finding these gems..! Ron

Here is some Breaking News, This just came across the wires. https://oilprice.com/Latest-Energy-News/World-News/Relief-On-The-Horizon-Trump-And-Putin-Discuss-Oil-Markets.html Relief On The Horizon? Trump And Putin Discuss Oil Markets By Julianne Geiger - Mar 30, 2020, 7:30 PM CDT US President Donald Trump and Russian President Vladimir Putin agreed on Monday to have energy officials from both countries discuss the dire state of the global oil market, the Kremlin said, according to Reuters. Trump and Putin discussed the matter over the phone on Monday. “Opinions on the current state of the global oil markets were exchanged. It was agreed there would be Russo-American consultations about this through the ministers of energy,” the Kremlin said. Neither President detailed what specific issues or possibilities they would discuss. Saudi Arabia and Russia have undertaken a furious battle over market share, with both threatening to ramp up production come April 1, when the current OPEC+ deal will expire. U.S. oil producers now find themselves stuck in the middle of this oil price war, and then COVID-19 kicked U.S. producers—and the rest of the world—in the head by pushing down demand for crude. The result has elicited a somewhat atypical response from the United States oil industry and government officials, who favor free markets and never miss a beat to chastise OPEC for its price-meddling ways. But desperation is sinking in, with oil industry professionals and U.S. lawmakers calling on the Trump administration to do something about the current oil price war that OPEC and Russia have created. While the U.S. is planning on sitting down with Russia to discuss the matter, it is also applying pressure to Saudi Arabia to rectify the mess it has helped to create. It would take—at a minimum—both Saudi Arabia and Russia to effect any real change. Even if all of OPEC were to get on board with further production cuts, it is doubtful at this point that even aggressive action will have enough oomph to trim the oil glut and boost prices at a time when the coronavirus continues to shrink demand. If the United States somehow managed to jump on board the price-fixing cartel, however, it might be enough to move the needle.

Sorry, but I learned it from Shabbs

You got that right my friend 👍🏼 Thank you HCR, for your kind words 🙏🏼 Thank you for your comments my friend and also for all the great information you bring to this board. I remember when I wrote “why I believe our wait will be longer” I collected some grief for those opinions. But to be honest I didn’t care because I knew what was happening in Iraq. All based in my own research and news articles. like we all know there are many things lining up that appear to point to a big change. Just remember this is iraq and everything is possible. I’m hoping for the best to all of us. Take care and stay healthy Go RV Go asap

Al-Tamimi stressed that "according to Article 27 of the 2008 Iraqi-American Strategic Agreement, Iraq can request economic assistance from America, as this article required. LOL!!!!!!!!!!!!!!! they want us out of their country but now want to ask for a loan?! They can pound sand!

one can only hope .... cheers

Today is the end of the first quarter and the big boys are rebalancing their portfolios and I was there to take advantage of their buys. When those big Funds buy they go in big and it’s hard to hide. I played Msft for a Day Trade and left some shares as a Swing. Other stocks I’m seeing getting a bid are BA, DIS, CVX, XOM, SWKS, DG, FB, PXD, URI, ABBV, EXPE, QRVO, ROKU, DOCU, EA, PYPL BMY, and some beaten up stocks like RCL, MAR, and LUV. There are many many more. Those are some of the leaders on my scans. With rebalancing you get a peak at what the Big Boys like and think are at decent enough risk levels to buy. They are thinking longer term, 3-5 years. Watch some of these and hope for a retest of the Lows on the S&P 500. That is what I’m counting on. That list is a pretty good cross section of the overall Market with a number of sectors represented. Please do not rush out and buy these now. Sit on them and wait for a pullback or a retest of the lows.

WOWZERS!!! NO CORRUPT WEEKLY BICRAQI IRAQI DAILY CURRENCY AUCTION TODAY, TUESDAY MARCH 31, 2020!!! THE LAST ONE WAS ON MONDAY, MARCH 16, 2020!!! FIFTEEN (15) DAZE AGO!!! YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!! GO MOOLA NOVA!

Agreed! Because the other options this guy recommended... aren't gonna bring in much. Who's going to the shrines and tourist site these days? And what tourists? Yeah they could try and sell some state owned properties, but who's gonna buy them as the coronavirus problem continues to shut down everything? I am very optimistic that the cessation of the auctions and the shut down of the ISX are being done in preparation for the RV. As of now, the ISX is set to open on Easter, April 11th. If they don't postpone that again (because they're already postponed it twice)....... Thanks for posting this Mary B.

America may be a lot of things but one thing is they can capitalize on an opportunity. They will board up their windows but at the first sign of a profit they will be back. Free Market Baby - Oh Yeah.

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Just doing my job boss. We are all looking trying to figure out what the plan is and when is it going to execute. I appreciate your posts every day. All the best to you Sir!! BTW, how are you doing in Vegas. This CV has got to be clobbering the Convention Busiess

Thanks Ronscarpa- Interesting times. Every other country is delivering either a stimulus package or some sort of assistance for their citizens and businesses to help and assist them during this Pandemic but good old Iraq seems to still muddle on and on.. JMO

Ron thank you for reporting this every day and all others that has been contributing here. Hopefully our time is near for this to pop!

A Shiite hole... I like it 👏

The timing of all this is to kill the US Petro Dollar or Fiat Dollar. Phase out the Central Banking system ran by the Bilderbergs & Rothchilds. Bring in the (QFS) Quantum Financial System & Gold Standard. The forgiveness of global debts, the year of Jubilee is upon us. We will be freed from the slavery of the world banks.

I don't think this thread is reworded BS from previous years at all. The reasons I say that are because... 1) the ISX has never been closed for 3 weeks and then set to reopen on an Easter before, that I know of anyway 2) the CBI auctions have not also been halted at the same time the ISX is closed for a very long time, if ever - at least as far as I know 3) the price of oil hasn't been $20 something per barrel in over 20 years 4) there's never been a global pandemic shutting down businesses all over the world that causes an oil glut like the one we're currently experiencing 5) Russia and Saudi Arabia have never both gone all-in on an oil price war before 6) Iraq is now better poised to make real change and hopefully remove at least some government corruption and provide better quality of life for their people (including creating jobs that the young protestors are demanding) than they have been for a very long time These things are not some guru's BS. These things are verifiable facts that are reported in the news. While they don't collectively prove that the RV is set for Easter, if I look at the whole picture objectively, I see a good chance that the RV is about to pop. It might be before Easter, or perhaps after, but keeping the ISX closed until Easter seems pretty significant to me. And I really think, with the low oil prices and the coronavirus, that Iraq's best option to make up for their ongoing HUGE losses (which amounts to $30+/barrel since they need $56-$58/barrel to run their country) is to RV. No one has to agree with my viewpoint, but I don't think anyone can say all these things are merely some guru's BS opinion.