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Dretown39
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Posts posted by Dretown39
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One of the things I tell myself from time to time is what if this dinar played out & folks made money and I found out afterwards about this opportunity. Would it matter about the frustration I would've went through waiting on it to materialize?? Or would I be happy that me & my loved ones is set financially not having to be worried about house bills, medical bills, buying a vehicle, etc..? So I continue to hang on & be content about finding out about this investment!🤦♂️🙏
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22 minutes ago, ronscarpa said:
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
Paulette Question: "Iraq is supposed to join the WTO this 18th of July, is that correct?" the 18th is the next meeting of the Steering Committee ...the Full Assembly would have to vote to allow Iraq full accession... they are not scheduled to meet until early 2026... It would be extremely uncommon for a Steering Committee to only meet with a country 2 times after the initial meeting. 4 to 7 is the usual... this is only the second meeting of the Steering Committee for Iraq.
Clare Question: "Iraq is supposed to join the WTO this 18th of July, is that correct?" IT WAS REPORTED ON IRAQI TV... THAT IRAQ WILL BE FULL MEMBERS OF THE WTO JULY 18TH.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Gazette, it's been printed but with July 1 date and there's no budget and no budget schedules in it. Maybe we have to wait for that appeal and the 15 days.
Paulette says more steering committee meetings needed for Iraq to join. After the 18th is not until 2026. Clare informs that Iraqi TV said they're going to join July 18th. I remember an article back in January saying Iraq met all the requirements to join. We'll find our eventually. As long as they add value this summer/fall that's the main thing!
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Breitling put out an audio on this today. He said the Hamas setting up in Baghdad is not good at all for our investment. He said to keep a watchful eye on this information because this group will not benefit Iraq but hurt the markets. He cautioned that when Iraq revalues the dinar we should exchange & get out as quickly as possible. Do not worry..it won't stop the revaluation.
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I don't stress about their holidays/recesses because it's been noted several times that they still get stuff done..sometimes more during these periods.
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Saw this on the WTO website. Is this continued work or is this the actual Accession
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35 minutes ago, JonnyV said:
How come no news on the appeal of the budget passing?
Yeah an article came out that they're moving forward with disbursements of the budget. Sounds good to me!
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11 minutes ago, BETTYBOOP said:
Can't verify it but praying it is true! Is this not the interview from when he visited America?. If it is he did not actually say he would be raising the value of the dinar.
Yeah he didn't. He spoke in favor of what is going on but that's it. In fact I believed he changed course of the discussion after addressing the lady in the audience question.
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7 minutes ago, JonnyV said:
Yeah but now if they RV/RI, it would cost them less.
Be careful keep trying to explain common sense & what's the obvious. I almost exhausted myself doing that👍
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I hope folks realize that this time around in order for Iraq to make MAJOR progress & moves they will have to go ahead with adding value to the dinar. We're in that 2nd phase Alaq talked about waiting on the rate! Come sooner than later🙏
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I know some may tend to lean to the negative side about this budget news. They actually shocked me by passing it today! It does appear They will need the new rate tobaccomplish everything they need including what's in this budget. And no I'm not saying the rate is in the budget. I'm not excited, however, I'm not frustrated at the moment. This is forward positive news! Also, I believe I saw an article on them closing the window to companies regarding the foreign currency buying/selling from the CBI. Our frustration/waiting is close to being over!
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13 minutes ago, Laid Back said:
“On Friday, the Iraqi government welcomed Security Council Resolution No. (2734), which was unanimously issued today, ending the mandate and tasks of the United Nations Assistance Mission for Iraq/UNAMI, according to a timetable that ends with complete termination on December 31, 2025.”
Hoping we don’t have to wait until the end of the UNAMI mission to see the real
market value of the Dinar.!
Go Iraq 🇮🇶
Go sovereignty
Go stronger dinar
January of 2026 would be nutz!! That would be almost 3 years Sudani telling them to "hold on to ya dinars"! I do feel the CBI can make this go regardless of this UNAMI Mission.
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The IRS won't have to come for me because I'm going to seek them out & gladly hand over what I owe!
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Same Jeff that said it was about to RV back in March/April. He definitely has no credibility!
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Well seeing that the rate is artificially suppressed, adding value will not bankrupt the country! It will help them greatly..smh!
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41 minutes ago, Officiallytook said:
Just keep seeing 712 everywhere
Gotcha..I've been thinking June/July for the RV. Definitely feeling this year though!
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14 minutes ago, Officiallytook said:
Another month we'll have the schedule... Right around July 👀
Are you thinking to start implementing the activation of the schedules?
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1 hour ago, WheresmyRV? said:
Go to X.com, used to be the other site named Twitter.
Thanks
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36 minutes ago, WheresmyRV? said:
I'm subscribed to Ariel on X and the guy knows his stuff on all of this.
Hello @WheresmyRV? I've seen their posts before & they sound reasonable. What platform can I find Ariel?
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7 hours ago, screwball said:
where is this article.....contract rate 1.17 plus adjustments for inflation etc
This article did come out & it was posted in the news section on DV. It became a hot topic.
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Just now, Laid Back said:
They will pass the budget before holidays and during the holidays they will RV
Hope I’m right 🙏🏼😁
Go RV in June.
Bro! I've braced myself if they took this into beginning of 2025. I strongly feel that this summer will be it! I'm with you on hopefully next month!
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4 hours ago, Luigi1 said:
I don't often agree with the Pimp but he's right about Iraq.
Iraq is not ready.
Everything is not done.
More banking laws & protection for outside investors needs to be passed.
I often get red rubies for saying Iraq is not ready.
Read the real articles coming out of Iraq instead of the lying Gurus.
All IMHO.
I disagree. Iraq is ready! That's what makes this investment opportunity annoying & unique at the same time. The key they hold is their currency! They can make it happen anytime!
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6 minutes ago, Shelley said:
Is Parliament in session ? Does anyone know when session ends ?
Not sure if they're in session at this moment. An article in Iraqi News Agency said the voting of the budget is not to exceed June 9th due to the legislative holiday. So hopefully this will be done completely in the next few weeks. Not holding my breath but a rate change SURE be nice preceeding it!
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"Wolverine It’s near guys. I’m not going to say time or day, but I know we are going to have a beautiful, beautiful month."
Which month?..this one almost over with.😆
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Hopefully this is a 2 stage process is what I'm thinking. Almost at the finish line. Some years ago members said they're gonna miss coming here when the RV happens. They must enjoy pain because I'm not!
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Despite the rise of the dollar, Saleh: The parallel market today is not important
in Iraq & Dinar Related News
Posted
"Based on the above, and in light of the strength of the foreign reserves supporting the Iraqi dinar, the value of which as liquid foreign assets exceeds $100 billion, the official exchange market, as a general trend, will remain dominant in containing any colored noise or ambiguous information that affects the parallel exchange market in short periods due to urgent international or regional political events here and there or in adapting some instructions regulating the monetary market.
That part shows they are in good shape with their reserves & for those that keep saying "the dollar is going to crash", well that's one of the things supporting the dinar! Further confirmation that the CBI can flip the switch anytime. Good article @RJG