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Luigi1

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Luigi1 last won the day on March 11

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  1. From the above articles...it looking like we are closer than ever. Thanks Ron. Go RV.
  2. Here's two articles of Dinarian interests... -Iraq weighs rate change. -Calls for new Iraqi elections. -Sudani ties to Iran becomes an issue. Treat as rumors. Not verified. Your opine. TNT via VictorD: "The Iraqi Government Is Currently Weighing The Question Of Changing The Currency So That The Official Cost Of A USD will be 1.32 Iraqi Dinars instead of 1,320 Dinars. ARTICLE: Implementing such a decision is likely to significantly increase Al Sudani’s popularity." According to this....$1 USD would equal 1.32 Dinar which would make the value of the Dinar about 75 cents. Tishwash: Iraq’s Ruling Coalition May Call For Early Elections. ARTICLE: A poll by the nongovernmental Iraq Statistics Organization found Prime Minister Mohammed Shia’ Al Sudani to have an approval rate of 51%, the highest of any Iraqi official. Iraq’s ruling coalition plans to call for early elections in an attempt to overthrow Prime Minister Mohammed Shia’ Al Sudani. Al Sudani belongs to the Coordination Framework, an alliance of Shiite parties loyal to Iran. But after assuming the premiership, Al Sudani changed his approach toward the parties & came to disagree with many of their political positions.
  3. Here's an article of Dinarian interests... A vote of confidence. WB "Iraq EPS Is The best In The Region.” Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Absorbtion Of Horded Funds. ARTICLE: {Financial Digitization}.. A Factor To Reduce Inflation & Absorb Hoarded Funds. Haider Falih Al-Rubaie Economic affairs specialists have identified the most prominent advantages that digital transformation can achieve in baIraq EPS Is The Best In The Region.” nking, placing at the forefront of these advantages the elimination of inflation through the use of small denominations & the absorption of citizens’ hoarded cash mass, estimated at more than 95 trillion Dinars, while they praised the CBI’s measures. In providing the appropriate ground for achieving financial digital transformation, they stressed the necessity of doubling the distribution of points of sale & working to oblige all government & private institutions to operate with electronic cards. “The electronic transformation of the use of money in daily transactions” is of utmost importance in the government’s directions, which is making great efforts to complete this direction, especially after “the Council of Ministers had previously obligated private educational institutions, universities, private colleges, fuel processing stations, centers & shops of all kinds, In addition to restaurants, pharmacies, private medical clinics, stores, all wholesale & retail marketing outlets & professionals, there must be a minimum amount of their cash receipts through the electronic point-of-sale (POS) system. Despite the short period of time in which it was officially decided to actually start using electronic payment methods (POS) in the country, “the World Bank believes that the infrastructure for electronic payment systems in Iraq is the best in the region,” praising during a CBI’s procedures for facilitating financial transfers to different segments in Iraq.” The process of “banking digitization” also represents a vital factor in achieving many economic advantages in the country, according to the banking expert & member of the Board of Directors of the Iraqi Association of Islamic Banks, Dr. Abbas Fadel Rahim, who stressed that “digital transformation has become an important factor in all countries of the world & it is “This makes it imperative for all banking institutions in Iraq to use the latest knowledge in this field to keep pace with the development of banking work that most countries of the world have reached.”
  4. Here's another article related to the above... MarkZ via PDK: We Won't Get Out Of March Without The RV. Comment: Ramadan now…could be a while. MarkZ: If Kuwait is any kind of example…they don’t mind revaluing in Ramadan…I still think we could RV before April. But, nobody knows the exact timing.
  5. Here's some articles of Dinarian interests... -ISX issues, launch Construction Bonds. -Gold price standard revealed in Iraq. -More Western oil companies pull out of Iraq. -India dumps USD over shameless US jobs report. Treat as rumors. Not verified. Your opine. KTFA via Clare: The Iraqi Market Decides To Launch Trading On Construction Bonds. ARTICLE: The Iraq Stock Exchange decided to launch trading on reconstruction bonds starting from March 19. A source in the Iraq Stock Exchange told Al-Eqtisad News that the construction bonds will be traded starting from the Tuesday session, March 19, 2024, & will be in two denominations: 500 thousand Dinars, with an interest of 6% & one million Dinars, with an interest of 8%. He added that the 2nd issuance of reconstruction bonds will be launched for trading in the Wednesday session, Mar 27, 2024. Clare: With Its Rise Locally... Iraq's Gold Reserves Were Revealed. ARTICLE: The economic advisor to the PM, Mazhar Muhammad Salih, revealed the size of the Iraqi gold reserve at the CBI. Saleh tolda news agency, “There should be a distinction between fundamentally imported commercial gold & monetary gold, which is an integral part of the country’s foreign reserves, as monetary gold falls within the diversification of the monetary authority’s investment portfolio & the numbers indicate that it exceeds 132 tons of monetary gold and within the safe range of reserves.” foreign to the country. He added, "As for commercial gold, it is regulated by a law and instructions that are subject to the controls of commercial systems & the gold marking law, which the Central Agency for Standardization and Quality Control undertakes to mark & protect gold assets supplied to the country as national wealth." Local markets in Baghdad are witnessing an increase in gold prices, as the selling price of a gram (the mithqal) reached 465 thousand Dinars. FROM OTHER SOURCES: Oil Giants SHUTDOWN German Plants, India Dumps USD Payments For Oil Over Shameless US Jobs Report. ARTICLE: In the latest blow to German industry, oil giants including BP & Shell are scaling back their oil refining in the country. This threatens to pile on more pressure, making manufacturing even more expensive. Meanwhile, India is trying to De-Dollarize their oil purchases away from the Dollar, this is another big move by the world's 3rd-largest oil consumer. And finally, we must break down the latest and shameless jobs report from the BLS.
  6. I'm Frankie26 & approve of this message...it's live.
  7. The IQD lives...IT'S ALIVE...IT'S ALIVE...
  8. Here's an article of Dinarian interests... This is our month. We won't get out of March without this RV. We will know of the RV before the banks do. Treat as a rumor. Not verified. Your opine. MarkZ via PDK: We May Know Before The Banks Do. Question: So is this the month? MZ: I very much think this could be our month, I do not have a magical ball…but going back to the Simply Linn bank story & remind you that bank manager said he does not know the timing but knows it's soon & we may know before they do. [Reference MarkZ’s Simply Linn Bank story from 3-9-2024 below] MZ: Post 1 of 2 Bank Story via Simply Linn: ARTICLE: In a nutshell – a guy goes to a Chase bank & they know nothing…. He goes to another & sits down with a personal banker who asked him what assets he had… and the guy says he has foreign currency…Dinar & Dong…they bring in a wealth manager… Whose eyes light up & the wealth manager shared some serious details about exchanging & the QFS…they suggested to him to exchange out of his area for anonymity & security & to avoid local tellers talking about his exchange. MZ: Post 2 of 2 Banks Story via Simply Lynn:I ARTICLE: I thought this was brilliant & I plan on doing that as well. Not exchanging in my town. Anonymity is a good thing to have. He also mentioned our funds go into special accounts…When the man asked if it was the QFS – the lady smiled & nodded & said it was account that no one else can see it…even tellers will not be able to see it. Very safe. …they also said they do now know “when” but know it’s coming soon & they have been preparing for it & equipped to exchange it right in front of your eyes…& there will be armed guards while you do the exchange. This was a fantastic bank story.
  9. I too, believe this will go before the election...here's why. OBiden has no accomplishments, only failures. Let it go before election, OBiden can take full credit for saving the entire global economies even though this was decades in the planning stage. OBiden gets re-elected & is loved by the world for saving their economies.
  10. Also forget the Guru lies of an in-country RV, lower denoms & coins in the streets & ATMs loaded. There is nothing out there to support such claims.
  11. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is going to Washington in April about getting controversy of Iraqi allies and Washington. Remember...nobody knows the topic of discussions between Sudani & OBiden. More than likely the talks will be centered around removing US forces from Iraq & the release of US control on Iraq. The topic of the RV may not even come up for discussion. It's all speculation at this point. IMHO.
  12. It ain't official until it's released from the CBI or on the UN Operational Rate board & then it goes to FOREX.
  13. Here's some articles of Dinarian interests... -More corrupt stolen treasure recovered. -Use Pressure Cards To Remove US Forces. -US arrogant towards Iraq Sovereignty. -OBiden Admin admits more bank failures are coming. Treat as rumors. Not verified. Your opine. KTFA via Clare: Integrity Announces The Recovery Of $1.5 M, & 1 B Dinars & Gold Coins. ARTICLE: The head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 M Dollars & about 1 B Iraqi Dinars & gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region. Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted & others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency & others are in Dollars.” He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than 1 & a half M USD, as well as amounts in Iraqi currency of up to 1 B Dinars & other amounts, in addition to gold coins." He pointed out that "the Integrity Commission coordinates work with the Kurdistan Region Integrity Commission & there is a draft agreement to coordinate joint work & Integrity as a federal body supervises all governorates," stressing that "the financial disclosure of officials includes all Iraqi officials & employees." Hanoun called on the Integrity Commission in the Kurdistan Region to “assist with arrest warrants & financial disclosures for officials, so that the Federal Authority can audit them like all officials,” stressing that “everyone is subject to the law.” TNT via Tishwash: Parliamentarian: The Government Must Use Pressure Cards To Remove US Forces. ARTICLE: Member of Parliament Jassem Al-Moussawi called on the government to use all pressure cards on the US regarding the issue of removing foreign forces from the country, while stressing that Iraq is going through a difficult stage that requires the solidarity of all parties. Al-Moussawi said in an interview with the Maalouma Agency, “The popular power that Iraq possesses must support the government in making bold decisions to completely remove Washington’s forces from the country,” noting that “achieving full sovereignty from America will not be an easy matter.” He continued, "Despite Washington's boasting about its joint relations with Iraq, it is still practicing arrogance in all files," pointing out that "America's aggressions will continue until its combat forces are removed from all military bases." He added, "Washington is looking for its interests before committing to laws or treaties concluded on paper only," adding that "the government is required to use all pressure cards on the US regarding the issue of removing foreign forces from the country." Member of the House of Representatives, Muhammad Al-Sayhud, had confirmed, in an interview with the Al-Ma’louma Agency, “the fate of the joint committees that were formed to remove the US combat forces from Iraq,” while he stressed that the government had reached advanced results in removing foreign forces from the country. FROM OTHER SOURCES: BANK FAILURES Will Start Soon, Admits Fed Chair Powell To U.S. Congress. VIDEO: David Lin: Google key words in title to bring up source... Frank Giustra, CEO of the Fiore Group, explains how the USD is being challenged by rivals & what the global monetary reset means for investors & consumers. 0:00 – Intro. 1:40 - USD. 9:13 - BRICS new payment system. 12:23 - Petrodollar. 17:41 - China's rise. 22:42 - Gold, Bitcoin's rally. NOTE: The Biden Admin admits more bank failures are coming. Democrats are struggling to shift the blame to the former administration. Will the People allow Trump to be blamed? Will OBiden ever take accountability for his failures?
  14. Could F26 have meant an in-country float, perhaps?
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