ronscarpa

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 *** Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000 diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, waste and corruption..." *** MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they? *** Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...

The poor guy could have had a heart attack... that wouldn't have been funny..! Although ... his reaction was funny..!

Guys - reserarch what bound angelic beings would be released after 70 generations...!

( IQD Rates - Updated: Sunday - 10/02/2022 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1460 IQD to 1 USD Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ ** 1478.744 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June. - Are Rates IMF 2% Rule Compliant for 90 Days: YES -- "473" days in compliance..! Have a Blessed Sunday Everyone - Almighty GOD is Faithful..! RON

CBI Currency Exchange Rates Sunday - 10/02/2022 Currency Converter US dollar USD 1460,000 Euro EUR 1417.076 Pound sterling GBP 1581.545 Canadian dollar CAD 1065.149 Swiss franc S.FR 1491.165 Swedish krona SEK 128.590 Norwegian krone NOK 135,582 Danish krone DKK 190.556 Japanese yen JPY 10.114 Chinese Yuan CNY 202.609 Australian dollar AUD 944.036 Special drawing rights SD 1862,785 Gold for 24-ounce Gold 2,399,460,000

The results of the foreign currency sale window, Tuesday 4/10/2022 Sunday - October 02, 2022 The results of the foreign currency sale window, Tuesday 4/10/2022 Advertisement No. (4735) Sale Date: Tuesday, 4/10/2022 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 197,997,470 Total sale cash 65,900,000 Total sale amount 263,897,470 Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar. Link: » The Central Bank of Iraq’s foreign currency sales schedule, Tuesday 4/10/2022 Note: There will be no Auction for Monday Sale Window.

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 *** Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal. *** Mark [ Q? : I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.

Added @ 10:50 PM CDT: *** Frank26 Do you think the world banks love a program rate? Where have hundreds and hundreds of banks from around the world been for all these years...? Well they have not been anywhere near Iraq because there's no profit. But now the leaders of the CBI are telling the world banks, 'guess what we're about to do?' *** Samson Article: "Iraq is the largest buyer of gold for the second quarter of this year" Quote "The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022. The council said in a tabular report seen by Shafak News Agency, that ' Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons...'"

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 *** Pimpy As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it. Currently with what's going on around the world you're not going to see any real changes happen anytime soon. We need things to calm down worldwide...just hang tight people. Things will change hopefully for the better... *** BGG [reference Kaperoni post 9-29-2022 Below] Why would they do such a thing?!? They are the richest oil nation in the history of all history. I very much doubt Iraq changes to conform to anyone else’s reasoning. *** Mnt Goat ...what is the purpose of this proposed new 20,000 dinar note...I believe issuing this new note is NOT a smart monetary move for the CBI to spend all this time and money on this note when they could be conducting instead the project to delete the zeros, or even issuing the 100 dinar notes, which we were told years ago would be the next lower denomination to come out. They already have the 250, 500 and 1000 notes in circulation and widely used. [post 1 of 2] *** Mnt Goat But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq ...Gold is going to sky rocket since all countries are going to go back to the gold standard officially and not just under Basel as we are now seeing partial implementation behind the scenes. Iraq is already preparing for this. This is where our wealth transfer is going to come from. But I could be wrong ( I don’t think so) and so let’s see what happens. [post 2 of 2] *** Kaperoni (from 9/29) Yes, Iraq will float the dinar but it won't float until they diversify away from oil and create a private sector market economy and begin to prosper. (reposted)

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 *** MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo. No coincidences with respect to timing.. *** Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS. And now for some outrageous BS from Mark... *** Mark This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.

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 *** Pimpy Until this issue with the political parties is resolved...The president and the prime minister are selected and the government is formed you're not going to see any changes to the Iraqi dinar. And no this isn't fake news. This is news coming out of Iraq. *** Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago... *** Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate. *** Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others." *** Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions. *** Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note. *** NORV [aka Guru Kaperoni ] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.

Thanks Pitcher - I always enjoy reading your insightful & informative posts as well. God bless you my friend. Let's hope and pray Iraq resolves their political stalemate and gets on with the business of Iraq & it's people - including increasing the value of the IQD..! RON

( IQD Rates - Updated: Thursday - 9/29/2022 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1460 IQD to 1 USD Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ ** 1478.744 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June. - Are Rates IMF 2% Rule Compliant for 90 Days: YES -- "470" days in compliance..! Have a Blessed Weekend Everyone - Almighty GOD is Faithful..! RON

CBI Currency Exchange Rates Thursday - 9/29/2022 Currency Converter US dollar USD 1460,000 Euro EUR 1396.490 Pound sterling GBP 1555.484 Canadian dollar CAD 1068,814 Swiss franc S.FR 1475.567 Swedish krona SEK 127.703 Norwegian krone NOK 133,538 Danish krone DKK 187,781 Japanese yen JPY 10.093 Chinese Yuan CNY 201.677 Australian dollar AUD 932.356 Special drawing rights SD 1849,616 Gold for 24-ounce Gold 2,395,617,500

Results of the foreign currency sale window for Sunday 10/2-2022 Thursday - September 29, 2022 Results of the foreign currency sale window for Sunday 10/2/2022 Advertisement No. (4734) Sale Date: Sunday, 2/10/2022 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 196,843,250 Total sale cash 24,600,000 Total sale amount 221,443,250 Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar. Link: » The Central Bank of Iraq’s foreign currency sales schedule, Sunday 2/10/2022