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ronscarpa

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ronscarpa last won the day on November 16 2014

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About ronscarpa

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    True Believer
  • Birthday 12/19/1942

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  • Gender
    Male
  • Location
    Las Vegas, NV - (Raised in NY City)
  • Interests
    GOD, Wife, Family, Friends, Church, Traveling, Flying, Boating, Evangelist - Healing Team, DMin - Nouthetic Counseling (2002), MS - Aerospace Operations & Systems Management (USC - '73), BS - Mathematics ('64), Retired Delta Airlines Captain, Retired Major - USAF Pilot (100 Recon Missions - Viet Nam), Entrepreneurial Investor, Good Food & Fine Wine, Peaceful Beaches & Sun, More..!

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  • Biography
    Evangelist, Healing Team, Airline Captain, DMin - Biblical Counseling, MS - Areospace Ops Mgmt (USC)
  • Location
    Las Vegas, NV - USA
  • Interests
    Evangelism, Healing, Dinars, Flying, Boating, Investing
  • Occupation
    Evangelist, Chaplain, Retired Delta Captain

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  1. 9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road . Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot... 9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP... 9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up...You can view Adam's entire commentary in the Chat Logs Forum in: Adam Montana Weekly 18 September 2019
  2. 9-19-2019 Intel Guru Frank26 ...now it [The Iraqi dinar] is being primed and it looks like the CBI is telling us they're ready to introduce new smaller category notes and fils which can only be done if they lift the three zeros from their exchange rate. They've done a pretty good job of lifting the three zeros from the street. Those are the two areas they are being lifted...they just said a few days ago, 'we have so much to back up our currency that it's way beyond International standards.'...that's really good. 9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate. 9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes... 9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"... 9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
  3. 9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare. 9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff. You can view Adam's entire commentary in the Chat Logs Forum @ Adam Montana Weekly 18 September 2019
  4. IQD Currency Exchange Rates Thursday - 9/19/2019 Exchange Rates US dollar USD 1190.000 Euro EUR 1315.307 Pound sterling GBP 1483.097 Canadian dollar CAD 895.815 Swiss franc S.FR 1195.079 Swedish krona SEK 122.687 Norwegian krone NOK 132.988 Danish krone DKK 176.142 Japanese yen JPY 10.997 Chinese Yuan CNY 167.818 Australian dollar AUD 815.031 Special drawing rights SDR 1630.681 Gold for 24-ounce Gold 1777137.000
  5. ( IQD Rates - Updated: 9/19/2019 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 9-19-2019) 1193.534 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES - Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)
  6. Thursday - September 19, 2019 CBI - Foreign Currency Selling Window for Sunday, 22/9/2019 that was performed on Thursday, 19/9/2019 Announcement No.(4040) Sale Date - 22/9/2019 performed on Thursday-19/9/2019 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 212,821,160 Total sale cash 19,800,000 Total sale amount 232,621,160 Note: Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar. Cash selling price is (1190) ID for each Dollar. Link: » Central Bank of Iraq sales table for foreign currency (amounts in thousands of dollars) for Sunday 2019/9/22 and implemented on Thursday Click here to view the previous auctions
  7. 9-18-2019 Newshound Guru Jeff ...let's set our emotions aside for a second...they've been setting the stage for this...keep in mind there is no "Dinar For Dummies" manual. We don't have a book or guide that tells us every step Iraq has to do before the rate can change...So we have to look at what they do and what they say. Look at their actions to piece things together and then you have to make some opinion with that...their actions suggest there's not much more they can do before they change the rate...Iraq has to achieve stability before the power that be will elect Iraq to change the rate...the news articles are strongly suggesting and telling us that they're in forward progress to reach stability...the news looks very good... 9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59... You can view Adam's entire commentary in the Chat Logs Forum - Adam Montana Weekly 18 September 2019 9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday... That's All Folks...! Hope you all have a great night...RON
  8. Adam Montana Weekly 18 September 2019 Thanks for the timely and informative commentary, Adam...it's much appreciated..! RON
  9. 9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close... 9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
  10. 9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it to $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who has the authority to talk about this and implement that authority... *******
  11. ( IQD Rates - Updated: 9/18/2019 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 9-16-2019) 1193.589 IQD to 1 USD -- Rates Are Within IMF 2% Rule: YES -- Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)
  12. IQD Currency Exchange Rates Wednesday - 9/18/2019 Exchange Rates US dollar USD 1190.000 Euro EUR 1312.094 Pound sterling GBP 1476.076 Canadian dollar CAD 898.724 Swiss franc S.FR 1196.762 Swedish krona SEK 122.981 Norwegian krone NOK 132.918 Danish krone DKK 175.716 Japanese yen JPY 10.999 Chinese Yuan CNY 167.811 Australian dollar AUD 814.079 Special drawing rights SDR 1628.991 Gold for 24-ounce Gold 1775482.200
  13. Wednesday - September 18, 2019 CBI - Foreign Currency Selling Window for Thursday, 19/9/2019 that was performed on Wednesday, 18/9/2019 Announcement No.(4039) Sale Date - 19/9/2019 performed on Wednesday, 18/9/2019 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 231,970,030 Total sale cash 24,200,000 Total sale amount 256,170,030 Note: Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar. Cash selling price is (1190) ID for each Dollar. Link: » Central Bank of Iraq sales table for foreign currency (amounts in thousands of dollars) for Thursday 2019/19/19 and implemented on Wednesday 2019/18/18
  14. 9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next...(post 1 of 2)... 9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors...(post 2 of 2)... 9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it... 9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
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