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Showing content with the highest reputation on 10/23/2021 in all areas

  1. 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... RON ** Frank26 ** Article: "The Minister of Oil sets the price of a barrel in the budget and expects crude to reach $100" WE TOLD YOU IT WOULD BE $100 PER BARREL... ** Mnt Goat ** Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" ...this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV we are looking for? ...anyway you look it, the news is very good. We know that under Dr Shabibi the monetary reserves of Iraq reached $90 billion. ...they have reached a record high and so they must be over $90 billion reaching close to $100 billion. If oil continues to rise, as they project it will, Iraq will reach over $100 billion in reserves... GOOD MORNING DV ... Have a Blessed Day ... RON
    13 points
  2. Good afternoon DV; Do not let this article get to you, if it does. Any nation with 90% below the poverty line, is doomed and civil war will be the outcome, and In my humble opinion, this will not be the case. Yes Iraq has been to hell and back over the past number of years, yes corruption has been a major disruption in progress, and yes, it feels it's been a free for all for some time now. First and foremost, the CBI is the only governing body that can adjust the exchange rate, and the article in imo, is only an opinion piece and does not reflect the ongoing progress that Iraq is making. In order for Iraq to become a global player, many things must be in place, and that list of items has been posted many times here, which most have been put into place and enacted into law as of today. Building back Iraq from the past is a massive job, one that requires a list of items as long as the Euphrates river itself and of coarse, this will take some time, how much time? I really don't know. But since then, what I do know, is that they have come a long way and they are on the right path to becoming a powerhouse in the Middle East. With the vast riches that Iraq has, and many global G20 nations wanting a piece of the action, and be protected, many elements must be established and put to international law. Again, we know Iraq is a vastly rich nation of natural resources, and the alliance being built right now with the Saudi's is key to moving forward, and will be a strong partner for future development. Now, the oil will not last forever and I think this article is saying that they cannot rely on its abundance for an eternity and steps must be taken to thwart off its decline. Devaluing the IQD to 3,000 will completely deviate from all the progress that is taking place and will plunge Iraq, and perhaps the Saudi investors, and any other nation taking up roots there, into financial disaster, and I just don't see it. I am convinced that what is taking place over there, is progress and that progress although slow and tedious one day will have its day, for the Iraqi people and for all investing in it's future. We Dinar holders are not the only ones looking at this scenario as an investment, we are one of many, and there are some HUGE players setting up shop there looking for the same thing we are, a return of investment. Keeping the faith 🙏
    13 points
  3. Good morning Yota, top of the day out to you sir "Recently, there have been cases that the citizen was not familiar with, since the spread of ATMs throughout Iraq, represented by the disappearance of small and medium groups (from 1000 to 10 thousand dinars), Interesting, could this mean they are making way for even smaller denom notes?
    12 points
  4. While true about the millions, anything Trump and popular, and wildly successful, and taking the power from the liberal owned social media sites, a resounding Yes! It is making those liberals heads explode. Every time they think they got Trump beat. He, how shall I say it? ... Trumps them. Ha! Boom goes another liberal commie, socialist ungodly head.
    11 points
  5. The 5 and 10 thousand dinars denominations disappeared from the ATMs Saturday 23 October 2021 175 Baghdad: Mustafa Al-Hashemi Recently, there have been cases that the citizen was not familiar with, since the spread of ATMs throughout Iraq, represented by the disappearance of small and medium groups (from 1000 to 10 thousand dinars), which may bring back to the scene the scene of mistrust between the public and private banks, precisely because of The latter's failure to provide all cash denominations in its ATMs. Citizen B says: I (employee) “When I receive a message or a notification on my phone that my salary has been launched, I immediately go to the nearest ATM to withdraw the salary for the purpose of fulfilling my financial obligations that require cash.” i added. To “Al-Sabah” that “the ATMs of the bank to which I settled my salary, are devoid of small and medium cash groups (1000 to 10 thousand dinars), and I do not know the reason, although withdrawing them as liquidity may differentiate among some who complain of the deterioration of their living conditions.” And he added, "This case brings to mind the issue of citizens' trust in private banks, which has been shaky since the collapse of a number of them in previous years, which calls for a review of the issue of financial inclusion in the smallest details, especially the salary settlement clause." For his part, the banker Hussein Najm believes that “these cases may occur in some private banks for accounting purposes or to facilitate the disbursement of the salary in the largest possible categories, and to facilitate filling the exchange with cash from those categories, as it will become lighter in weight when transferred.” Negm pointed out that "this case can be explained by the fact that banks encourage the public to adopt a savings policy, which has been absent from the family economy scene since the nineties of the last century, or it may be one of the problems or challenges of settlement and the banking system in general." In turn, the expert in economic affairs, Dr. Hussein Al-Khaqani, said that there is a source of individual financial waste, represented by the electronic payment card holders of employees and retirees, when a notification is received of the release of the salary, the card holder quickly resorts to receiving his salary in cash from the exchange offices minus the commission. Al-Khaqani added, “Perhaps the most important reason for this is the lack of electronic payment card readers, which are supposed to be available at all official authorities and the private sector, to collect their debts, such as malls, large and small shops, even taxi drivers, stores selling vegetables and fruits, ovens, restaurants, and even traffic departments and the collection of water fees. Electricity, payment of transaction fees and tax collection. He stressed that “the banking automation process in Iraq is deficient due to the imposition of electronic cash dealings on employees and retirees, in exchange for limiting cash withdrawal points to outlets and ATMs and not providing them in all shops and the aforementioned entities, which widens the cash gap between citizens and banks.”
    10 points
  6. “The collapse of the country’s economy, which we will face if the government situation continues as it was from 2003 until now,including the current Al-Kazemi government.” Today the government situation is totally different. - White Paper reform project… The roadmap to an open market economy - Central bank sales decline around $100 million dollars with the entry into force of the new instructions - 96.3 Tons of gold. $62.1 billion in foreign currency reserves… The reserves growth $6 billion dollars after implementing the White papers - The International Monetary Fund Expected A Significant Growth In The Iraqi Economy To Reach 10.5 Percent In 2022, And A Decrease In The Inflation Rate To 4.5 Percent. - The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies. - Articles from the finance ministry and the PM financial advisor talking about how the reforms help to recover the economy If they did not devalue the dinar to 3,000 per $1 last December when they started the reforms project aka white papers. They are not going to do it now. Go Iraq 🇮🇶 Go reforms Go development Go open market economy Go growth Go purchasing power
    10 points
  7. Since when does the government have the authority to change the rate?
    10 points
  8. Hopefully all misinformation leading to the big event.
    9 points
  9. This is the most unhealthy investment ever. It gives nothing back. They always want to blame the citizens for not trusting the banks and holding their dinar at home. I DON'T BLAME THEM!! Without this article I was already doubtful that Iraq will do anything. I know some people will ask why I am still here and the answer is to see if Al-Khdemi will win as PM. If he doesn't you can forget it! If an Iranian puppet gets in there Iraq will be a total loss. I don't believe the people will be able to tolerate 4 years of Iranian rule and International investors will not set foot in Iraq with an Iranian controlled government. I would take this article with a grain of salt because only the CBI controls the exchange rate. This guy is the "Former Minister of Communications" and maybe a nobody/loser like most of these clowns!! Forty one percent of the people voted so that tells me these people have no faith in the system in Iraq and rightfully so!! To allow an article to be released like this let me know how inconsistent and corrupt these people really are. In the end they are ruining their own Country. I am tired of the procrastination so just get it over with already! I know their are a lot of wicked people behind the cloth here in the US but these guys take the cake! They want to subject the people to Islam while they steal everything. Don't hold your breath guys but we shall soon see who the PM will be and that will determine what direction we will go in for the next four years!!
    8 points
  10. Almost sounds like Baiting in order to flush the chunky money into the banks.
    8 points
  11. I didn't say what you were. But the hate from the left for anything Trump makes it obvious anything he does that's a success make their heads explode. Oh and in case you don't realize, Monday it starts trading again. What? You thought it was just a two day deal? You know in the stock market you don't lose or win until you cash out. This thing he is doing has only just begun. Unlike you liberal sheep, I don't need my leader to say anything, I only have to see what he is doing and if I support it, I am on board. One man's A hole is another man's genius money maker. I have worked in construction over 30 years and at Trump properties in that time and never got screwed. You sound like a sports fan who either thinks his team is winning the Championship or the season is lost after the first game. Ha! It's only just begun.
    8 points
  12. So how can one be a bag holder if it continues to trade on Monday? You don't sound brilliant. Especially since you regurgitate liberal things like "Your Emperor.." Childish. Sorry you can't belittle me. Which is what Libs always do when they have nothing substantial to offer in the conversation. Yes. Time will tell, not you.
    7 points
  13. Allawi: It Is Possible To Raise The Dollar To 3000 Dinars Author: Ahad7 On 10/23/2021 - 4:18 PM 54 The Former Minister Of Communications And The Former In Charge Of Forming The Government, Muhammad Tawfiq Allawi, Spoke Of A Danger To The Iraqis, While Noting That The Dollar Exchange Rate Could Be Raised To 3000 Dinars. Allawi Said In An Article That Al-Ahed News Received A Copy Of, “Our Situation Is Like A Person Who Is Sick With A Serious Illness That May Lead To His Life, So He Leaves The Doctor’s Appointment And The Hospital To Fix His Broken Television, For Example. The Collapse Of The Country’s Economy, Which We Will Face If The Government Situation Continues As It Was From 2003 Until Now, Including The Current Al-Kazemi Government. Unfortunately, Most Of The Political Class Is In A Valley Because Of Its Personal Interests, The Country, Its Future, The Interest Of The Iraqi Citizen, And The Risks He Will Face In Another Valley And Not A Place Their Interest, Therefore, I Consider It My Duty To Clarify The Real Dangers That Iraq And The Iraqi Citizen Will Be Exposed To. The Priority Is The Country And The Citizen, Not The Farce Of Elections And The Interests Of Corrupt Parties And The Political Class.” He Added: “I Will Adopt The Language Of Numbers, Which Has Some Complexity, But It Does Not Accept Error.The Whole World Is Heading Towards Clean Energy (That Is, Transportation Runs On Electricity And Not On Gasoline), And In 2030 The Gasoline-Dependent Car Industry Will Stop In Most, If Not All, Countries Of The World, And This Means That Global Oil Consumption Will Shrink By Two-Thirds In 2030 Because Two-Thirds Of The World’s Oil Consumption Is Car Gasoline, And The Reduction In Consumption Will Take Place Gradually. In Other Words, After Four Years, I.E. In 2025, Global Oil Consumption Will Shrink By A Third, Meaning That Iraq’s Oil Resources Will Shrink By A Third In 2025, Add To That Within Four Years. We Will Have Nearly Two Million Young People Of Working Age, University Graduates And Others, And This Will Exacerbate The Problem, As A Result Of These Changes After Four Years. The Government Will Have To Reduce The Price Of The Dinar As It Did At The End Of 2020 So ThatThe Price Of The Dollar Changes From 1500 Dinars To 3000 Dinars, Of Course This Matter If We Assume That The Price Of A Barrel Of Oil Is About 80 Dollars, And If The Price Drops Below 80 Dollars, The Percentage Of Pensions Will Be Greater.” He Pointed Out, “Here, The Question Will Be Asked (Was The Government Obliged To Reduce The Price Of The Dinar To 1500 Dinars To The Dollar About A Year Ago?) The Answer Is, That The Government Is Not Obliged, Neither A Year Before Nor After Four Years, To Reduce The Price Of The Dinar, But On The Condition That It Has Alternatives About Oil, But If It Did Not Have Alternatives To Oil As Is The Case Now, It Was Forced To Reduce The Price Of The Dinar About A Year Ago To 1500, And If It Was Unable To Provide Alternatives To Oil, It Would Have To Continue Decreasing The Price Of The Dinar In The Future Until The Dollar Price Reached 3000 Dinars In 2025, This Is The Language Of Numbers That Does Not Accept Error.” He Continued, "In Fact, If The Government Is Forced To Reduce The Dinar To 3000 Dinars, More Than 90% Of The Iraqi People Will Live Below The Poverty Line. Unfortunately, This Is Not Of Interest To Many Politicians Who Have Collected And Are Still Collecting Hundreds Of Millions Of Dollars That Were Stolen From The Money." This Weak People.
    6 points
  14. The availability and usage of ATM's in Iraq is crucial to an rv. I would imagine that the ATM's in Iraq dispense USD ,not IQD , to foreign contractors who somehow need IQD ?. Who's zoomin' who here ? $10,000 IQD is worth $14. 00 USD , $1000, 14 cents ? Put that in equation with how ATM's work around the world . A 200,000 square foot warehouse and several dedicated huge trucks to serve each ATM's ? I think not .. This spells to me that value must be given to lower denoms
    6 points
  15. 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... RON Kaperoni So what are we waiting for? That is a question that everyone asks. The truth is... Iraq was devastated in the war and their infrastructure was completely demolished. This is a complete rebuild from the ground up...They also need to implement and encourage latest technology throughout the government, banking system, and educational system to educate the citizens. Not an easy task. And then you need to bring multiple global businesses, organizations into Iraq to facilitate. [Post 1 of 2].. Kaperoni It is a huge undertaking. And like I said numerous times, until Iraq's economy prospers the Iraqi dinar will not go up in value. So we need the newly-elected parliamentary members to be sworn in and begin to pass the necessary laws to encourage foreign investment. We need stability in Iraq to continue. We need the new prime minister to continue to implement reforms... Sometimes I get nasty messages from people telling me that I'm ruining their dreams. Wouldn't you rather know the truth...? [Post 2 of 2].. Pimpy I'm not saying that an RI or an RV won't be announced. I'm saying that it makes more sense to me they're going to let it go up in increments. In fact it says something similar in here. Article quote: "...it is possible for the state to gradually improve the Iraqi dinar exchange rate because the shock method adopted and change in the exchange rate was not appropriate..." More talk about the rate change. That's good...there you have it the talk about the rate change happening once again... Vital Brad Article: "Iraqi banks get a rating from international agencies" Article quote: "19 licensed banks in Iraq have obtained a rating from the accredited International rating of agencies - Capital Intelligence, Fitch, Moody's Standard and Poor..." Wow! Article quote: "reflects the development and the performance of the banking sector in Iraq and the solvency of banks and is evidence of their compliance with local and international standards..." That changes everything. Holy ****. It's saying Iraq is international standards. I think it's only a matter of time...I think it's closer than ever... Frank26 Article: "Expo 2020 Dubai is an opportunity to boost investment in Iraq" Quote: "Assurances of the role of Expo 2020 Dubai in enhancing the reality of investment in Iraq, through the portal of openness to the world, where the wide participation of major international companies that represent a sober effort around the world." NOT AT A PROGRAM RATE... Breitling Question: "Is it a fact that Iraq has lower notes in their banks?" No...unless the CBI talks about it or one of the banks in Iraq talking about it why would you even contemplate it?
    6 points
  16. Allawi talks about a threat to the Iraqis: Raising the dollar to 3000 dinars political| 04:05 - 23/10/2021 Baghdad - Mawazine News , the former Minister of Communications and the former in charge of forming the government, Muhammad Tawfiq Allawi, spoke of a danger to the Iraqis, while indicating that the dollar exchange rate could be raised to 3000 dinars. Allawi said in an article that Mawazine News received a copy of, "Our situation is like a sick person with a serious illness that may take his life, so he leaves the doctor's appointment and the hospital to fix his broken television, for example. The collapse of the country’s economy, which we will face if the government situation continues as it was from 2003 until now, including the current Al-Kazemi government. Unfortunately, most of the political class is in a valley because of its personal interests, the country, its future, the interest of the Iraqi citizen, and the risks he will face in another valley and not a place Their interest, therefore, I consider it my duty to clarify the real dangers that Iraq and the Iraqi citizen will be exposed to, as the priority is the country and the citizen, not the farce of elections and the interests of corrupt parties and the political class. He added, "I will adopt the language of numbers, which has some complexity, but does not accept error.The whole world is heading towards clean energy (that is, transportation runs on electricity and not on gasoline), and in 2030 the gasoline-dependent car industry will stop in most, if not all, countries of the world, and this means that global oil consumption will shrink by two-thirds in 2030 because Two-thirds of the world’s oil consumption is car gasoline, and the reduction in consumption will take place gradually. In other words, after four years, i.e. in 2025, global oil consumption will shrink by a third, meaning that Iraq’s oil resources will shrink by a third in 2025, add to that within four years. We will have nearly two million young people of working age, university graduates and others, and this will exacerbate the problem, as a result of these changes after four years. The government will have to reduce the price of the dinar as it did at the end of 2020 so thatThe price of the dollar changes from 1500 dinars to 3000 dinars, of course this matter if we assume that the price of a barrel of oil is around 80 dollars, and if the price drops below 80 dollars, the percentage of pensions will be greater.” He pointed out, "Here, the question will be asked (Was the government obliged to reduce the price of the dinar to 1500 dinars to the dollar about a year ago?) The answer is, that the government is not obliged, not before or after four years, to reduce the price of the dinar, but on the condition that it has alternatives. About oil, but if it did not have alternatives to oil as is the case now, it was forced to reduce the price of the dinar about a year ago to 1500, and if it was unable to provide alternatives to oil, it would have to continue decreasing the price of the dinar in the future until the dollar price reached 3000 dinars in 2025, This is the language of numbers that does not accept error." He continued, "In fact, if the government is forced to reduce the dinar to 3000 dinars, more than 90% of the Iraqi people will live below the poverty line. Unfortunately, this is not of interest to many politicians who have collected and are still collecting hundreds of millions of dollars that were stolen from money." This is the weak people.” Ended 29/H
    6 points
  17. The action the last two days has been abominable. I am now officially in upside down territory on this trade. I don’t give a rats ass. I’m holding and waiting for the parabolic run. If we don’t get a bounce in the next 2-3 days we’ll test the bottom of the trading range around 29-30. If we bust down thru that we’ll test the 200 ma around. 27.
    6 points
  18. From Powerball-MegaMillions.com; MEGA MILLIONS RESULTS Friday October 22nd 2021 9 14 26 29 66 22 MEGAPLIER: ×3 Congratulations cmcd and Wildeman! Each of you matched tonight's megaball #22! We had no other winning matches. Good Luck tomorrow!
    6 points
  19. I made that post just to see who I could drawl out.. and assumed only a liberal would respond, lo and behold
    6 points
  20. Thank you all for your kind words, they do help the broken hearted heal. The services will take place next week at The National Veteran Cemetery. The spouse is a Veteran but she will be laid to rest first. Again thank you!!!
    6 points
  21. HA! That last line is a hoot. He beat Biden in 2020. Lies and cheats only last so long. The TRUTH always wins out. It will again in time. To the MOON with this one too!!! This stock is going to ride on the wings of all MAGA folks who were cheated this last election. Whose votes were stolen and dismissed. Now we can speak with our wallets and millions upon millions as they hear about this are going to vote with our shares. GO TRUMP! GO DINAR! GO AMC! GO DWAC! GO PHUN! GO APES!
    6 points
  22. Key words “foreign banking sector” CBI continues on their quest to an open market market economy. Getting ready for international business. Go Iraq 🇮🇶 Go CBI Go international Go RV
    6 points
  23. The price of oil has nothing to do with it! I do remember during the lost years of obummer, oil went well above $100.00 a barrel and stayed for several months! Oil reaching a $100.00 a barrel was the edict for the RV! it didnt happen as we all know some 12 years later! Then the poo-roo gurus reversed edict saying oil had to be around $20.00 a barrel if my memory serves me correct! again nothing! No RV! period! I wish that damn clown would resurface so he could bring back these oldies but goodies! We are still on the ride so enjoy! We only have about 70 days left till Jan. 2022! Our next window of opportunity! OH by the Way MERRY CHRISTMAS!!! Hoping we all have a very great 2022! 🤠 JMHO
    5 points
  24. Relax, the government can't change the rate. Only the CBI can
    5 points
  25. Great minds!!!! Or there is a snowball fight in hell!!!!!!!
    5 points
  26. won $10 on birthday scratch ticket so here goes PB 10/23 35-46-55-59-63 PB 22 08-25-46-47-50 PB 13 04-32-37-43-64 PB 12 05-46-50-62-67 PB 17 44-55-56-61-66 PB 14
    5 points
  27. Really!! Get your head out of the sand, they all banned him.
    5 points
  28. i m more thank happy in knowing a rate change is coming of some sorts eventually.
    5 points
  29. A guy is driving around the back woods of Alabama and he sees a sign in front of a broken down shanty-style house: 'Talking Dog For Sale.' He rings the bell and the owner appears and tells him the dog is in the backyard. The guy goes into the backyard and sees a nice looking Labrador retriever sitting there. 'You talk?' he asks. 'Yep,' the Lab replies. After the guy recovers from the shock of hearing a dog talk, he says 'So, what's your story?' The Lab looks up and says, 'Well, I discovered that I could talk when I was pretty young. I wanted to help the government, so I told the CIA. In no time at all they had me jetting from country to country, sitting in rooms with spies and world leaders, because no one figured a dog would be eavesdropping.' 'I was one of their most valuable spies for eight years running... But the jetting around really tired me out, and I knew I wasn't getting any younger so I decided to settle down. I signed up for a job at the airport to do some undercover security, wandering near suspicious characters and listening in. I uncovered some incredible dealings and was awarded a batch of medals.' 'I got married, had a mess of puppies, and now I'm just retired.' The guy is amazed. He goes back in and asks the owner what he wants for the dog. 'Ten dollars,' the guy says. 'Ten dollars? This dog is amazing! Why on earth are you selling him so cheap?' 'Because he's a liar. He's never been out of the yard.'
    5 points
  30. The members of the Security Council "renewed their support for the Government of Iraq and their commitment to the independence, sovereignty, unity and territorial integrity of Iraq.” Baghdad - Mawazine News Today, Friday, the United Nations Security Council issued a statement regarding the early parliamentary elections in Iraq. In a statement received by Mawazine News, the council said: "The members of the Security Council congratulated the Iraqi people and the Iraqi government on the occasion of the recent elections that were held on the tenth of October. The council members welcomed the initial reports that the early elections went smoothly and were distinguished from all others. The elections that preceded it had important technical and procedural reforms. The members of the Security Council commended the Independent High Electoral Commission for conducting technically sound elections, the Government of Iraq for its preparations for the elections and for preventing violence on election day, as well as the United Nations Assistance Mission for Iraq (UNAMI) for providing technical assistance to the Commission and providing a UN team United Nations to monitor the election day requested by the government to enhance the electoral process and enhance transparency. The members of the Security Council expressed their "regret at the recent threats of violence against the United Nations Assistance Mission for Iraq, and the staff of the Independent High Electoral Commission, among others." The members of the Council reiterated, "The Secretary-General of the United Nations' call on all relevant parties to be patient and adhere to the electoral timetable. Stressing that any electoral disputes that may arise must be resolved peacefully through the applicable legal methods. The members of the Security Council look forward, after approving the results, To the peaceful formation of an inclusive government that represents the will of the Iraqi people and their demands for the consolidation of democracy. The members of the Security Council "renewed their support for the Government of Iraq and their commitment to the independence, sovereignty, unity and territorial integrity of Iraq. They also reiterated their support for the efforts of the Government of Iraq to achieve serious reforms and encourage inclusive political dialogue aimed at meeting the legitimate demands of the Iraqi people to address corruption, provide basic and necessary services, diversify the economy, and provide opportunities Work, improve governance, and strengthen state institutions to enjoy vitality and responsiveness.” Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=172080
    5 points
  31. The way these guys talk about banking reform and exchange rates you would think their currency has already been revalued... this is what I hate about this investment all they do is talk and lead people on! I don't give a damn what they post I will believe it when I spend it! I am 14 years in and it has been the same ole talk. I am sticking around to see if Al-Khdemi is going to be the PM. I have read that he has a good chance and if so there is hope. He has done more than all of the other PM's combined but if he is not chosen I will give up!
    5 points


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